WEBVTT - Wayne on Manafort Resignation & Trump Campaign (Audio)

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<v Speaker 1>Are we turned to another issue and Washington, d C.

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<v Speaker 1>Alex Wayne Are a white House editor for a Bloomberg News.

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<v Speaker 1>He can be followed on Twitter at A A Wayne

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<v Speaker 1>and he's here to tell us more about politics. All right, Alex.

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<v Speaker 1>A shake up in the Trump campaign again, Right, go ahead.

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<v Speaker 1>Paul Manafourt, the campaign chairman, resigned today, the day after

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<v Speaker 1>Trump layered over some some new executives to to help

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<v Speaker 1>run his campaign. Uh, and the day after damaging report

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<v Speaker 1>was published by the Associated Press essentially alleging that Manaford

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<v Speaker 1>had had violated federal law and the violation would be

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<v Speaker 1>related to his work for a pro Russian party in

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<v Speaker 1>the Ukraine. That's right, the the AP. Uh. It's interesting.

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<v Speaker 1>The APE has been reporting on this story for a

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<v Speaker 1>while and their leads have gotten increasingly aggressive. They sort

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<v Speaker 1>of they sort of the previous stories hadn't really asserted

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<v Speaker 1>that that Manafort had violated the law. They've been a

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<v Speaker 1>little bit cagy about it because they don't think they

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<v Speaker 1>were sure. Today's Today's story or the story that published

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<v Speaker 1>last night, flat out said that it appeared that Manafort

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<v Speaker 1>should have registers a foreign agent for Ukraine and did

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<v Speaker 1>not tell us about this. In the context of the

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<v Speaker 1>changes in the Trump campaign with the appointment I believe

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<v Speaker 1>of Stephen Bannon, the had the executive from Breitbart News

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<v Speaker 1>and also the polster Kelly and Conway as the campaign manager. Yeah,

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<v Speaker 1>you know, Trump had had created this kind of what

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<v Speaker 1>looked like a fairly unworkable leadership situation where where he

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<v Speaker 1>had all of these people who generally kind of had

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<v Speaker 1>campaign manager titles. So it makes sense that that one

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<v Speaker 1>of them had to go. And since since Bannon and

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<v Speaker 1>Conway are the new ones, it's not surprising that Manafort

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<v Speaker 1>would step down. It's hard to tell how much of

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<v Speaker 1>this Ukraine stuff influenced Trump's decision. I'm not sure he

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<v Speaker 1>cares much at all about that. What is Mr Banion's

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<v Speaker 1>reputation within the ranks of the Republican Party such as

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<v Speaker 1>Paul Ryan, Representative and the leading Republican in the House,

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<v Speaker 1>flamethrower thorn in their side? Um, he's he's a headache

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<v Speaker 1>for establishment Republicans. He had he had reporters from his

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<v Speaker 1>his News organization earlier this year go to go to

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<v Speaker 1>Paul Ryan's home in Wisconsin and make a big deal

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<v Speaker 1>about the wall that surrounds Ryan's house. Uh as kind

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<v Speaker 1>of a ploy to pressure Ryan to to back Trump's

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<v Speaker 1>proposal to bill a wall in the Mexican border. So

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<v Speaker 1>he's not a popular guy among establishment Republicans. Well, this

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<v Speaker 1>hurt Republicans who are running on the ticket with Trump,

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<v Speaker 1>meaning congress people, congress men and women, and also senators.

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<v Speaker 1>Depends on whether Trump loses. I guess he's uh, he's

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<v Speaker 1>still well behind in the polls. I don't he gave

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<v Speaker 1>an interesting speech last night, or he made this kind

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<v Speaker 1>of vague apology for some of his pastorate marks didn't

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<v Speaker 1>specify which ones. He didn't specify who he was apologying

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<v Speaker 1>to apologizing to exactly, but it was It was definitely

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<v Speaker 1>a change in tone from Donald from the Donald Trump

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<v Speaker 1>we've seen previously. A lot of people think maybe this

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<v Speaker 1>polster prompted that change. It's um, it doesn't seem like

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<v Speaker 1>something that that Steve Bannon would have pressed for. But

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<v Speaker 1>if he continues down that path, uh, perhaps he starts

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<v Speaker 1>to peel off especially Republican too who have abandoned him

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<v Speaker 1>for for Hillary Clinton. Perhaps they go the other way

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<v Speaker 1>as as a new Donald Trump emerges in the campaign,

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<v Speaker 1>just give you about forty seconds here. The Clinton campaign

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<v Speaker 1>and the Clinton Foundation explained going on there. The foundation

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<v Speaker 1>announced today that if Hillary Clinton wins the presidency, it'll

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<v Speaker 1>stop accepting foreign in corporate donations. UH. This is supposed

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<v Speaker 1>to mitigate some of the ethical issues that have been raised.

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<v Speaker 1>There's a lot of thinking that that donors have given

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<v Speaker 1>money to the Clinton Foundation merely as a way to

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<v Speaker 1>cray favorite with the Clinton's I don't see it really

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<v Speaker 1>relieving Hillary Clinton of those ethical of this ethical cloud.

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<v Speaker 1>I think probably the only solution is to shut down

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<v Speaker 1>the foundation altogether. Interesting. Thank you very much. Alex Wayne

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<v Speaker 1>white House, edator for Bloomberg News, joining us from Washington,

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<v Speaker 1>d C, home to Bloomberg one FM and one oh

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<v Speaker 1>five point seven h D two. You can follow alex

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<v Speaker 1>Wayne on Twitter at a A Wayne, this is taking Stock.

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<v Speaker 1>I'm pim Fox, and this is Bloomberg