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Speaker 1: You're listening to The Bloomberg Sound on podcast Catch us

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Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the

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Speaker 1: iHeartRadio app and the Bloomberg Business App, or listening on

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Speaker 2: The big news today comes from Speaker McCarthy. We didn't

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Speaker 2: think he'd be waking up to this this morning. They

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Speaker 2: talked about a big meeting on Wednesday he might support

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Speaker 2: the idea of an impeachment inquiry, but he came right

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Speaker 2: out and announced ones today there will not be a vote.

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Speaker 2: They're going for it, yeap.

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Speaker 3: The impeachment inquiry, according to the Speaker, is moving forward,

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Speaker 3: and I have to wonder how the timing factor is

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Speaker 3: in here, knowing that the Speaker notes he has eleven

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Speaker 3: legislative days between now and September thirtieth to try and

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Speaker 3: get the government funded or a continuing resolution passed, and

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Speaker 3: he's trying to figure out what he can do to

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Speaker 3: cater to certain members of the right wing of his

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Speaker 3: party to get that done and maybe appease them on

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Speaker 3: other issues as well. We just ran a headline on

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Speaker 3: the Bloomberg Speaker McCarthy says he is a plan to

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Speaker 3: avoid a shutdown.

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Speaker 2: So let's start there with Senator Mark Warner. I'm glad

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Speaker 2: to say he joins us from Capitol Hill live right

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Speaker 2: now on the radio and on YouTube. Senator, it's great

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Speaker 2: to see you, of course, democrat from Virginia who chairs

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Speaker 2: the Senate Intelligence Committee. We have a lot of questions

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Speaker 2: for you, as always, but I have to start here.

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Speaker 2: If Speaker McCarthy says he has a plan to avoid

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Speaker 2: a shutdown, is it called impeachment?

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Speaker 4: Well, it sure seems like it. I mean, I guess

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Speaker 4: we're not.

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Speaker 5: We shouldn't be totally shocked that Speaker McCarthy has got

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Speaker 5: it once again, cave to these right wing folks. I

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Speaker 5: think about the back I was a CEO of a company,

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Speaker 5: I was governor of a state. The idea that you know,

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Speaker 5: what is it, seven or eight of these folks in

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Speaker 5: the House of the far right of the Republican Party

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Speaker 5: less than two percent, maybe less than one percent of

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Speaker 5: two percent, I guess of the overall House is basically

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Speaker 5: driving him into positions that are untenable. I put out

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Speaker 5: the point that there was a headline in one of

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Speaker 5: the Capitol Hill periodicals that said Republican leaders in the

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Speaker 5: Senate basically said they didn't think this was a smart move.

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Speaker 4: There was no there there.

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Speaker 5: But how this somehow leads to keeping government funded, which

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Speaker 5: would be again if we allow a shutdown, it will

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Speaker 5: be a totally self inflicted harm driven by these right

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Speaker 5: wing folks. We're going to do our job in the

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Speaker 5: Senate in a bipartisan way pass appropriations bills. We've already

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Speaker 5: passed out all out of committee. And I just do

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Speaker 5: not understand some of these members on the far right

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Speaker 5: who somehow act like their fiscal conservatives, yet they don't

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Speaker 5: mind shutting down the government, even though the law of

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Speaker 5: the land now is federal employees still.

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Speaker 4: Get paid during a shutdown.

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Speaker 5: So it's one of the reasons why people scratch their

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Speaker 5: head about DC.

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Speaker 3: Senator, we do want to talk about some of the

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Speaker 3: specific sticking points, including funding for Ukraine, but just quickly

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Speaker 3: to go back to the idea of an impeachment inquiry.

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Speaker 3: Are you worried how optically this play is for the

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Speaker 3: Democratic Party In twenty twenty four, these investigations into Hunter

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Speaker 3: Biden and inquiry in the House of Representatives.

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Speaker 5: Well, we have seen inquiry after inquiry launched by the

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Speaker 5: Republicans since they took over this year in the House,

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Speaker 5: I've seen nothing that I think has gotten much public attention.

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Speaker 5: Matter of fact, most of these have been big balls

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Speaker 5: of nothingness. So I think at the end of the day,

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Speaker 5: particularly if this same group of Firewright Republicans lead us

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Speaker 5: to a shutdown and the thing that they're going to

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Speaker 5: be focused on is impeachment rather than how do we

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Speaker 5: make sure that people who need passports are going to

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Speaker 5: get their passports, People who want to visit our national

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Speaker 5: parks and visit our national parks, people who are federal employees,

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Speaker 5: air traffic controllers for example, do their job.

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Speaker 4: I think they're playing with fire.

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Speaker 2: I have to ask you about the way Democrats will

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Speaker 2: handle this as well, then, Senator, we heard earlier from

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Speaker 2: John Fetterman, your colleague from Pennsylvania. I won't stop you

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Speaker 2: down to make you listen, but he was kind of

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Speaker 2: joking around. He laughed. He said, oh no, not an impeachment,

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Speaker 2: not this time. Is this something that Democrats should actually

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Speaker 2: try to laugh off or begin preparing a war room

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Speaker 2: to deal with this?

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Speaker 5: Well, I think you've always got to take things seriously.

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Speaker 5: I know the White House, well, I'm sure put together

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Speaker 5: a warroom effort, you know, and there will be some

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Speaker 5: in the media that will try to present some level

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Speaker 5: of equivalency that somehow, whatever they're accusing the President or

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Speaker 5: his family or to my knowledge they have no evidence,

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Speaker 5: is somehow the equivalent of Donald Trump trying to stir

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Speaker 5: up an insurrection on January sixth, an insurrection that's now

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Speaker 5: led to I think ninety one different indictments against former

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Speaker 5: President Trump. I'm sure people will try to make that

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Speaker 5: false equivalency. I don't think it'll pass the smell test

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Speaker 5: with most Americans.

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Speaker 3: So, Senator, we know that Somehouse Republicans do want to

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Speaker 3: look at this impeachment and career as they're thinking about

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Speaker 3: the funding battle on Capitol Hill as well. But another

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Speaker 3: issue in that funding battle is on funding for Ukraine specifically,

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Speaker 3: What is your message to House Republicans on that, knowing

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Speaker 3: some of them would not like for it to continue.

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Speaker 5: My message is there's never been a more important time

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Speaker 5: for the United States to stand with our allies. The

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Speaker 5: Ukrainians are making slow but steady progress in their counteroffensive

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Speaker 5: against Putin's.

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Speaker 4: Illegal war into Ukraine.

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Speaker 5: There are three common sense reasons that I think we

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Speaker 5: ought to stay the course. One is NATO was basically

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Speaker 5: a tired operation before President Biden, and this conflict reinvigorated

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Speaker 5: NATO that's now expanded. The idea that America would walk

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Speaker 5: away from our commitment with our other NATO partners.

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Speaker 4: Right now would be awful. Two.

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Speaker 5: And this is the part that I just don't get

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Speaker 5: the very same people who say we shouldn't fund somehow

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Speaker 5: we shouldn't fund Ukraine, but we're all in against President

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Speaker 5: she and the Communist Party in China. For people that

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Speaker 5: don't understand that if Putin is somehow successful in Ukraine,

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Speaker 5: that gives a greater green light to President She in

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Speaker 5: terms of his aspirations around Asia Taiwan in particular. If

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Speaker 5: you don't see that connectivity, I don't know. I don't

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Speaker 5: know how better to make.

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Speaker 4: The case than to have that connection.

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Speaker 5: And then finally on a world stage, and I believe

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Speaker 5: you know, on both Trump and Biden, the way we

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Speaker 5: exited Afghanistan didn't burnish our international reputation. But the idea,

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Speaker 5: after what happened in Afghanistan, if somehow America in the

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Speaker 5: midst of this war, when the Ukrainians have done so

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Speaker 5: much more than what any of us frankly expected, where

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Speaker 5: they have basically reduced our primary adversary from the twentieth century,

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Speaker 5: the Soviet Union slash Russia, and debilitated their whole military establishment.

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Speaker 5: If we would walk away from that, now, why would

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Speaker 5: anybody in the world, not just in Europe but anywhere

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Speaker 5: across the world ever trust the United States?

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Speaker 2: Again, with that said, Senator, I want to ask you,

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Speaker 2: on the eve.

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Speaker 5: Of just one last I'm sorry, Joe, just one last

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Speaker 5: thing though, and the remarkable thing, because I do want

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Speaker 5: to make clear the vast majority of the Republicans in

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Speaker 5: the Senate, and I believe the vast majority of the

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Speaker 5: Republicans in the House, support continued assistance to Ukraine. So

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Speaker 5: this is not simply a Democrat Republican issue. This is

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Speaker 5: that again far right group that I sometimes question, you know,

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Speaker 5: who are they really for long term in terms of

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Speaker 5: America's role in the world.

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Speaker 2: As we prepare for the NATO conference, Senator, and I

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Speaker 2: appreciate your finishing your thought there, what does it tell

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Speaker 2: us about the relevance of the UN based on the

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Speaker 2: way we've seen it handle Russia and the Security Council,

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Speaker 2: the fact that it could not stop Russia from invading Ukraine,

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Speaker 2: couldn't stop North Korea's nuclear program, and it's turned some

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Speaker 2: smaller countries to smaller organizations that might be seen as

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Speaker 2: alternatives to the UN. Speak to the relevance of this

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Speaker 2: organization as we prepare to.

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Speaker 5: Meet with the UN that emerged after the destruction and

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Speaker 5: devastation of World War two is clearly not.

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Speaker 4: The UN of today.

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Speaker 5: I still think it is the single world body that

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Speaker 5: brings what I think, for about one hundred and ninety

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Speaker 5: plus countries who participate in the UN, is it perfect?

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Speaker 6: No.

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Speaker 5: Are there times where I think we disproportionately pay a

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Speaker 5: higher share of the costs, and sometimes, you know, the

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Speaker 5: larger countries are singled out. But I think it's important

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Speaker 5: that we maintain a forum where countries large and small

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Speaker 5: can come together. Do I wish they were more effective, Absolutely,

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Speaker 5: But the idea that, again that the best route would

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Speaker 5: be to simply turn away from an international organization, I

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Speaker 5: think is not the right route as well.

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Speaker 3: So, Senator, that's what one organization with many different members

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Speaker 3: can accomplish. Let's talk about something that one individual member

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Speaker 3: of the Senate has accomplished and continues to do so.

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Speaker 3: Senator Tommy Tubberbilt and his blockade of military promotions and

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Speaker 3: now nominations, we could be looking at a very likely

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Speaker 3: scenario in which there is no chairman of the Joint Chiefs.

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Speaker 3: Is it time for Democrats to take it to the floor,

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Speaker 3: do it one by one, at least get those highest

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Speaker 3: level people in there.

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Speaker 5: You know, my great friend and colleague Tim Kain today

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Speaker 5: and I got this second hand, but somebody was trying

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Speaker 5: to make that case. Let's go one by one. And

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Speaker 5: Tim Kaine said to the Armed Services Committee, you know

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Speaker 5: he remembered his friend John McCain. John McCain when he

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Speaker 5: was captured by the North Vietnamese was basically because he

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Speaker 5: had his father was an admiral, He had all these connections.

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Speaker 5: The North Vietnamese offered John McCain a way out of

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Speaker 5: the so called Hanoi Hilton. They'll let him go first

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Speaker 5: in terms of returning prisoners, he said, no way.

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Speaker 4: He was not going to leave until all of the

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Speaker 4: prisoners that we're able to leave.

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Speaker 5: At the same time, the notion that we were going

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Speaker 5: to somehow select rich member of our military leadership that

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Speaker 5: have earned these promotions on choosing one over or the

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Speaker 5: other goes against the whole sense of the military being

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Speaker 5: a team organization goes against the hundreds of years.

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Speaker 4: Of tradition of how we treat these nominations.

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Speaker 5: It is generally ninety nine point nine percent of the

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Speaker 5: time a pro former process. You've had some of the

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Speaker 5: Republicans start to speak out. You've got House Republicans, even

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Speaker 5: chairman of the Foreign Relations Committee speak out against Senator

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Speaker 5: of Tubberville's actions, which are frankly illegitimate. I think, you know,

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Speaker 5: the Ronald Reagan has to be rolling over in his grave,

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Speaker 5: Ronald Reagan, who prided himself on standing up for our military,

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Speaker 5: when these kind of political antics are making our military

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Speaker 5: less strong and our country less week by playing politics

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Speaker 5: on this issue.

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Speaker 4: I think I.

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Speaker 5: Hope and pray that my Republican colleagues, a lot of

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Speaker 5: move express concerns to me privately that they will put

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Speaker 5: the kind of pressure on Tuberville or frankly, we have

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Speaker 5: to maybe change the rules.

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Speaker 4: But I don't think again, there.

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Speaker 5: Will be the two thirds votes that change the rules,

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Speaker 5: because again, if this is you've talked to him rationalized,

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Speaker 5: if this gets rationalized and legitimized, it will be used

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Speaker 5: by both teachs.

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Speaker 4: We've seen that time and again.

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Speaker 2: Do you talk to him very often, Senator, I ask

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Speaker 2: you that because we're going to talk to him later

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Speaker 2: on today on Bloomberg TV. He's going to join us

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Speaker 2: at five o'clock.

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Speaker 5: What would you ask, don't I don't have a heck

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Speaker 5: of a lot of interaction with Senator Tumberville, But I

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Speaker 5: would go back to, how is what he's doing any

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Speaker 5: different than what happened that John McCain when he was

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Speaker 5: in the Vietnamese prison and got offered a chance to

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Speaker 5: get out ahead of the rest of the prisoners. The

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Speaker 5: notion that I think Senator Tuberville has suggested, well, let's

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Speaker 5: just selectively choose which members of the military leadership ought

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Speaker 5: to get the benefits of the promotions they've earned. I

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Speaker 5: don't ever think John again, I just I mean, I

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Speaker 5: believe with all my heart, if John McCain was here,

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Speaker 5: he would call out this kind of antics in a

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Speaker 5: way that would be extraordinarily powerful.

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Speaker 3: Senator. As there is that ongoing issue in regard to

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Speaker 3: what Senator Tepperville is doing, he I would imagine, along

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Speaker 3: with you and all other ninety eight of your Senate colleagues,

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Speaker 3: are going to be in a closed door meeting tomorrow

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Speaker 3: with a number of individuals, including several big tech CEOs

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Speaker 3: like Mark Zuckerberg and Elon Musk, to talk about AI.

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Speaker 4: It's closed door.

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Speaker 3: It's not a public open hearing, which some of your colleagues,

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Speaker 3: like Senator Elizabeth Warren would prefer.

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Speaker 4: What are you.

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Speaker 3: Hoping to learn? And do you agree with the way

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Speaker 3: that this forum is being conducted that it is closed door.

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Speaker 5: I think this is one of the first times that

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Speaker 5: you're going to have both the tech advocates and civil

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Speaker 5: society in the same room. You know, I've hosted a

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Speaker 5: half dozen of these sessions, all by partisan. You know

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Speaker 5: there will be I'm sure there will be lots of

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Speaker 5: reporting out of what happens tomorrow. And I gotta say

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Speaker 5: my background was in technology. I can't think of an

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Speaker 5: issue in the last few years that I've spent more

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Speaker 5: time on and am less certain today about what.

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Speaker 4: Our actions ought to be.

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Speaker 5: You know, the basic economics around AI, you know, a

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Speaker 5: long long time ago, ten months ago, was whoever had

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Speaker 5: the most data, the most GPUs, the most ability and

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Speaker 5: cash and ability to train that data might win.

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Speaker 4: Now after Facebook.

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Speaker 5: Has let their LAMA model out in the open, and

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Speaker 5: you've seen countries like the ue for pennies on the

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Speaker 5: dollar create a large language model. This is an extraordinarily

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Speaker 5: complicated issue.

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Speaker 4: I do think.

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Speaker 5: One of the things, and the good news is it's

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Speaker 5: all bipartisans so far, is that there is a real

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Speaker 5: sense that what we cannot do is simply what we

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Speaker 5: did with social media, which was basically to say to

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Speaker 5: the tech community, you guys, go figure this out, and

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Speaker 5: we'll try to come in and put rules in.

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Speaker 4: After the fat.

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Speaker 5: We have batted zero on any guard rails at all

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Speaker 5: around social media. I would hate to see, with the

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Speaker 5: power that AI has, which would dwarf social media, not

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Speaker 5: to put some guardrails where I'm looking and and I'm

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Speaker 5: still working through this, but I'd love to hear the

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Speaker 5: bloom Bird audience's reaction because the two areas that I

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Speaker 5: am most immediately concerned on in terms of these AI

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Speaker 5: tools that have already been released is one, you know,

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Speaker 5: the only reason our elections work in America is because

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Speaker 5: there's public trust in the elections, and there are lots

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Speaker 5: of AI tools, deep fakes, other things, disinformation on steroids

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Speaker 5: that could undermine the trust in our elections. The other

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Speaker 5: institution that relies entirely on the public trust is what

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Speaker 5: you guys report on.

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Speaker 4: All the time, the public markets and the ability.

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Speaker 5: We've seen some deep fake in terms of a false

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Speaker 5: image of the Pentagon burning that had an effect on

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Speaker 5: the market. I'm amazed we've not seen more manipulation with

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Speaker 5: deep fakes, with AI tools suggesting you know, product malfunctions

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Speaker 5: that may not exist. But I think this notion of

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Speaker 5: preserving the integrity of our public elections in public markets,

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Speaker 5: there might be a kind of a strange collaboration between

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Speaker 5: capitalists and advocates of small d democrats that would at

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Speaker 5: least say on those.

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Speaker 2: Two you can do this, Senator, relying on the.

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Speaker 4: Public spaith, we ought to at least put.

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Speaker 2: Thanks for your time, Senator. As always, Mark Warner, this

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Speaker 2: is Bloomberg.

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Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch the

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Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the

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Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App.

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Speaker 1: flagship New York station, Just say Alexa, Play Bloomberg eleven thirty.

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Speaker 2: With no shortage of issues to talk about. This day,

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Speaker 2: the US House returns to Washington. We heard earlier from

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Speaker 2: Speaker McCarthy and an impeachment inquiry is being launched now

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Speaker 2: into Joe Biden, which kind of changes the dynamic Kayley

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Speaker 2: lines of the conversation we were having about government shut

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Speaker 2: down and a lot of the other issues that are

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Speaker 2: facing lawmakers right now, though they could be intertwined in

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Speaker 2: a way because some members of the Freedom Caucus were demanding,

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Speaker 2: well even Marjorie Taylor Green no longer in that group,

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Speaker 2: demanding an impeachment for them to sign off on a

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Speaker 2: continuing resolution to keep the government open. It looks like

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Speaker 2: that's happening so.

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Speaker 3: Many different pieces of the puzzle, but yes, Speaker McCarthy

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Speaker 3: today is saying this should go ahead now. Eventually it's

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Speaker 3: going to come down to a matter of whether or

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Speaker 3: not they're sufficient evidence, right, But this is the inquiry process,

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Speaker 3: and at least in part, you certainly would think it

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Speaker 3: was intended to placate certain members of his party that

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Speaker 3: he needs to be able to bring in line to

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Speaker 3: get a continuing resolution pass or get spending bills passed

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Speaker 3: and avoid the government shutting down. He says he has

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Speaker 3: a plan and impeachment maybe plays a role in that.

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Speaker 2: To avoid a shutdown. Yeah, yeah, it's something else we

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Speaker 2: thought maybe would be floated at a meeting on Wednesday,

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Speaker 2: came out with it full throwateed announcement at eleven o'clock

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Speaker 2: at the podium. First day back. Welcome back to reality, everybody.

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Speaker 2: Just an opportunity to start here with our next guest,

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Speaker 2: Asa Hutchinson is back, Republican presidential candidate, of course, former

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Speaker 2: governor of Arkansas. It's great to see, Governor. Thank you

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Speaker 2: for coming back to talk to us. You're in a

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Speaker 2: race to run against Joe Biden to be the next

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Speaker 2: president of the United States. Does this mundy the waters?

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Speaker 2: Does this help the Republican cause to launch an impeachment

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Speaker 2: inquiry without a vote?

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Speaker 7: Well, it all depends on where it goes and what

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Speaker 7: the foundation and the facts are. But you know, in

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Speaker 7: the history of impeachments has not gone well in terms

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Speaker 7: of the Senate having any interest in it of convicting

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Speaker 7: a president. And here our focus is the election. You know,

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Speaker 7: Joe Biden is wrong in his policies, energy policy, his

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Speaker 7: decisions is hurting America and our growth, his spending policy,

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Speaker 7: the bid domics. I mean, these are the issues that

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Speaker 7: I get asked about nobody's come up to me and

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Speaker 7: talking about the Trump legal cases. Nobody's coming up to me,

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Speaker 7: and you know a few of them do talk about

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Speaker 7: from the Republican standpoint to the bidens and hunters and

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Speaker 7: his legal difficulties. But we got to get to the

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Speaker 7: facts in the long term. Let's see where those facts

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Speaker 7: take us.

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Speaker 3: So, when we're thinking about the pursuing of yet another

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Speaker 3: impeachment against the US president, potentially a precedent being set

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Speaker 3: here given former President Trump in the prior administration was

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Speaker 3: also impeached on multiple occasions, then the prospect of the

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Speaker 3: government shutting down broadly for the Republican Party, what does

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Speaker 3: this signal about about its health and its ability going

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Speaker 3: into twenty twenty four to message the right things to

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Speaker 3: the American people.

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Speaker 7: Well, it's a challenging and unpredictable political environment. Do you

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Speaker 7: overlay what you just said with four indictments against former

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Speaker 7: President Trump? And Kevin McCarthy's in a difficult position, as

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Speaker 7: everyone knows, and so you give him a little latitude.

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Speaker 7: He's trying to avoid a shut down, he's trying to

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Speaker 7: get the appropriation bills, the budget bills through. Now you know,

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Speaker 7: impeachment is not something that constitutionally should be bargained with,

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Speaker 7: and I believe you ought to get the facts. I

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Speaker 7: don't like labeling it as an impeachment inquiry. I ought

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Speaker 7: to be a factional inquiry. The public needs to have

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Speaker 7: confidence that the former Vice President Biden and President Biden

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Speaker 7: was not receiving benefit from foreign governments. That's something that

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Speaker 7: ought to be cleared up. And President Biden has been

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Speaker 7: somewhat mum on that topic, so he's not clearing it up,

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Speaker 7: and so the facts ought to be out there, but

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Speaker 7: it ought to be a preliminary inquiry. Impeachment is not

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Speaker 7: something that ought to be used in the normal course

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Speaker 7: of affairs in Congress to.

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Speaker 2: Support the probe or the inquiry. As a matter of principle,

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Speaker 2: I do, I do. We don't want to spend the

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Speaker 2: whole interview with you on this. By the way, we

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Speaker 2: left the talk policy at Bloomberg. Let's dare to dream

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Speaker 2: of policy for a moment, Governor, because I think someone

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Speaker 2: like yourself just indicated you'd like to make this race

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Speaker 2: about the economy. And we talk about this all day

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Speaker 2: long around here as we prepare for what could be

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Speaker 2: another federal reserve interest rate hike the next meeting this week.

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Speaker 2: The market doesn't seem to know what to do about that.

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Speaker 2: I wonder your thoughts on the FED and whether you

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Speaker 2: would keep J. Powell on the job as chairman.

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Speaker 7: Well, of course he has a term, but I would

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Speaker 7: like to see a new leader into the FED, and

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Speaker 7: if I can do that as president, and I can,

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Speaker 7: I would want to do that.

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Speaker 2: You'd fire him.

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Speaker 7: I would fire him. And the reason is that he

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Speaker 7: has raised interstrates at the wrong time. I think it's

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Speaker 7: been more aggressive than what needed to be. He probably

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Speaker 7: started too late on it, and it's really hurting our families.

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Speaker 7: And I think you also could at Forestall and been

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Speaker 7: clear that we're going to stop doing these rate increases.

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Speaker 7: I think that would be the right signal for American

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Speaker 7: businesses and our families that are worrying about their credit

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Speaker 7: card debt, new families trying to get into a new home.

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Speaker 7: And I talked yesterday in Savannah, Georgia to a young

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Speaker 7: mom who I said, what's the big issue to you?

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Speaker 7: And she says, I just want to raise my kids

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Speaker 7: in a safe environment and where we can afford to

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Speaker 7: buy milk at the store and that's what's on the

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Speaker 7: American's mind. And so it starts with controlling spending. You

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Speaker 7: have to worry about the supply chain, the UAW strike

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Speaker 7: that's threatened, that's coming up. It's not going to be

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Speaker 7: helping the economic situation. And so as president, I would

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Speaker 7: call in the FED. I would believe that the President

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Speaker 7: can communicate and express his opinion as to what should

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Speaker 7: be done, just like we're doing a whole host of

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Speaker 7: other issues.

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Speaker 3: So, in terms of what the FED should be doing,

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Speaker 3: do you think the dual mandate should still be a

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Speaker 3: dual mandate that they have to equally weigh full employment

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Speaker 3: in the US economy and in fleetion or should one

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Speaker 3: take greater focus.

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Speaker 7: Well, I think that inflation should be, you know, the

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Speaker 7: controlling factor for them.

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Speaker 2: The unemployment.

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Speaker 7: That's what the President of the United States worries about,

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Speaker 7: that's what Congress worries about. As governor, I looked at

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Speaker 7: that unemployment rate every week, every month that it was released,

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Speaker 7: and we acted on it and we created jobs one

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Speaker 7: hundred thousand jobs while I was governor. And so no,

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Speaker 7: I don't believe that that should be in the decision

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Speaker 7: making process of the Federal Reserve Control inflation. Watch the

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Speaker 7: monetary supply that's out there, and that should be the focus.

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Speaker 2: You mentioned the UAW. We could be looking at a

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Speaker 2: massive auto strike in just two days. I wonder how

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Speaker 2: you would handle this if you were the president, if

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Speaker 2: you would get involved. This White House so far has not.

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Speaker 2: The union has not indicated that it would like any

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Speaker 2: help with mediation. But this is an emboldened time for

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Speaker 2: organized labor after the deal we saw with ups now

444
00:23:00,160 --> 00:23:03,400
Speaker 2: request for a forty six percent wage increase of thirty

445
00:23:03,440 --> 00:23:06,320
Speaker 2: two hour work week. Should the President of the United

446
00:23:06,320 --> 00:23:07,240
Speaker 2: States have a say in this?

447
00:23:09,000 --> 00:23:14,040
Speaker 7: The president has to always worry about the economy, about

448
00:23:14,520 --> 00:23:21,359
Speaker 7: the broader national security and production capability, but it also

449
00:23:21,480 --> 00:23:28,439
Speaker 7: should be reserved until absolutely necessary. These are negotiations between

450
00:23:28,440 --> 00:23:31,680
Speaker 7: a union and the employer, and they need to try

451
00:23:31,680 --> 00:23:35,719
Speaker 7: to resolve it. The federal labor relations law makes it

452
00:23:35,760 --> 00:23:38,640
Speaker 7: clear that if they can't resolve that, you've got choices

453
00:23:39,480 --> 00:23:44,679
Speaker 7: in employees. Unions can strike and employers can replace. And

454
00:23:44,720 --> 00:23:47,480
Speaker 7: that's the tension. That's a balance that we've had. But

455
00:23:47,560 --> 00:23:50,560
Speaker 7: if it gets to some particular point in time where

456
00:23:50,600 --> 00:23:53,920
Speaker 7: the President can be useful in resolving that conflict, he

457
00:23:54,000 --> 00:23:57,560
Speaker 7: ought to insert himself, but the time is not right

458
00:23:57,800 --> 00:23:59,440
Speaker 7: for that, and that should be reserved.

459
00:24:00,000 --> 00:24:01,840
Speaker 3: We are looking at a deadline in two days for

460
00:24:01,880 --> 00:24:04,399
Speaker 3: that contract expiring. You those are are looking at a

461
00:24:04,400 --> 00:24:07,000
Speaker 3: different kind of deadline. A few weeks out the second

462
00:24:07,080 --> 00:24:11,480
Speaker 3: primary debate September twenty seventh. You need three percent in

463
00:24:11,520 --> 00:24:13,320
Speaker 3: the polls to get there. I believe to this point

464
00:24:13,359 --> 00:24:15,879
Speaker 3: you have not yet qualified. If you don't do so,

465
00:24:15,920 --> 00:24:18,600
Speaker 3: would you follow the lead of say Francis Sores.

466
00:24:18,600 --> 00:24:19,359
Speaker 5: And leave the race.

467
00:24:20,040 --> 00:24:24,920
Speaker 7: Well, I'm not going to set timelines and specific criteria

468
00:24:25,080 --> 00:24:29,160
Speaker 7: for it, but whenever you look at the polls, there's

469
00:24:29,320 --> 00:24:31,920
Speaker 7: two criteria for being on the debate. One is three

470
00:24:31,960 --> 00:24:35,240
Speaker 7: percent of the polls. We have made one poll nationally

471
00:24:35,320 --> 00:24:38,520
Speaker 7: at three percent, and so we need one more or

472
00:24:38,560 --> 00:24:41,440
Speaker 7: some early state polls, and so we're optimistic that we're

473
00:24:41,440 --> 00:24:44,040
Speaker 7: going to get there. And then secondly, our donor base

474
00:24:44,119 --> 00:24:46,920
Speaker 7: and we're going to make that And so I plan

475
00:24:47,000 --> 00:24:50,119
Speaker 7: on being at that debate. Nothing would mean more to

476
00:24:50,160 --> 00:24:52,600
Speaker 7: me than to be at the Reagan Library as somebody

477
00:24:52,640 --> 00:24:54,560
Speaker 7: that was a point of our Reagan as young as

478
00:24:54,640 --> 00:24:57,680
Speaker 7: US attorney in the nation years ago, and so I

479
00:24:57,720 --> 00:24:59,879
Speaker 7: expect to be there. We got a little work to

480
00:24:59,880 --> 00:25:02,679
Speaker 7: do to get there, and so if anybody calls you

481
00:25:02,720 --> 00:25:05,280
Speaker 7: in a poll, please answer, Asa hut Jackson.

482
00:25:05,880 --> 00:25:07,879
Speaker 2: There you have it, Governor. It's nice of you to

483
00:25:07,960 --> 00:25:10,280
Speaker 2: stop by and see us again in Washington, DC. Whether

484
00:25:10,280 --> 00:25:12,000
Speaker 2: you make that stage or not, Let's stay in touch.

485
00:25:12,440 --> 00:25:15,880
Speaker 2: Asa Hutchinson, the former governor of Arkansas, of course Republican

486
00:25:15,920 --> 00:25:18,960
Speaker 2: presidential candidate. With this here conversation you will only hear

487
00:25:19,040 --> 00:25:20,000
Speaker 2: on Bloomberg Radio.

488
00:25:20,880 --> 00:25:24,400
Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us

489
00:25:24,400 --> 00:25:27,600
Speaker 1: live weekdays at one Eastern on Bloomberg dot Com, the

490
00:25:27,640 --> 00:25:30,760
Speaker 1: iHeartRadio app, and the Bloomberg Business app, or listen on

491
00:25:30,800 --> 00:25:32,720
Speaker 1: demand wherever you get your podcast.

492
00:25:33,800 --> 00:25:37,119
Speaker 2: Mick mulvaney said on this program, the co founder of

493
00:25:37,119 --> 00:25:39,320
Speaker 2: the Freedom Caucus, who of course went on to be

494
00:25:39,400 --> 00:25:43,919
Speaker 2: Donald Trump's chief of staff, said on this program that

495
00:25:44,000 --> 00:25:46,639
Speaker 2: Speaker McCarthy may be in more danger of losing his

496
00:25:46,760 --> 00:25:48,280
Speaker 2: job now than he has been yet.

497
00:25:48,359 --> 00:25:50,800
Speaker 8: I think Kevin's probably at his highest level of risk

498
00:25:51,200 --> 00:25:54,520
Speaker 8: here right now. But that's the right place to have it,

499
00:25:54,600 --> 00:25:57,480
Speaker 8: because again, a shutdown is not that big a deal,

500
00:25:57,560 --> 00:25:59,040
Speaker 8: and I think Kevin might have to go through at

501
00:25:59,080 --> 00:26:00,879
Speaker 8: least a little bit of a show down, if for

502
00:26:00,960 --> 00:26:02,960
Speaker 8: no other reason to establish some bona fides with the

503
00:26:03,000 --> 00:26:04,119
Speaker 8: conservative wing of the party.

504
00:26:05,200 --> 00:26:07,320
Speaker 2: And that, of course, is when everybody was talking about

505
00:26:07,359 --> 00:26:11,159
Speaker 2: a shutdown. That was Monday. Fast forward twenty four hours,

506
00:26:11,280 --> 00:26:14,400
Speaker 2: Speaker McCarthy for the first time in seven weeks at

507
00:26:14,400 --> 00:26:15,760
Speaker 2: the podium in front of reporters.

508
00:26:15,920 --> 00:26:18,399
Speaker 7: Now, I would encourage the President and his team to

509
00:26:18,440 --> 00:26:23,840
Speaker 7: fully cooperate with his investigation and the interests of transparency.

510
00:26:24,880 --> 00:26:27,400
Speaker 2: We are committed to getting the answers.

511
00:26:27,000 --> 00:26:30,560
Speaker 8: For the American public, nothing more, nothing less.

512
00:26:31,200 --> 00:26:35,159
Speaker 5: We will go wherever the evidence takes us.

513
00:26:35,440 --> 00:26:38,320
Speaker 2: And we'll find out where the evidence takes us here

514
00:26:38,960 --> 00:26:42,040
Speaker 2: because so far it sounds like the allegations have everything

515
00:26:42,080 --> 00:26:44,360
Speaker 2: to do with Hunter Biden, the so called Biden family.

516
00:26:44,760 --> 00:26:47,640
Speaker 2: But we are still waiting for a sense of how

517
00:26:47,640 --> 00:26:50,640
Speaker 2: they connect the dots to Joe Biden, beyond his being

518
00:26:50,680 --> 00:26:53,200
Speaker 2: on the phone. Remember, Republican members of the Oversight Committee

519
00:26:53,960 --> 00:26:55,600
Speaker 2: said they he's on the speaker phone with some of

520
00:26:55,680 --> 00:27:00,119
Speaker 2: Hunter Biden's people here, but there was no business transaction,

521
00:27:00,280 --> 00:27:03,240
Speaker 2: not even a business conversation. So we want to follow

522
00:27:03,280 --> 00:27:05,439
Speaker 2: the beat and we assemble our panel. Rick Davis, I'm

523
00:27:05,440 --> 00:27:07,720
Speaker 2: glad to say, is here, a Bloomberg Politics contributor and

524
00:27:08,040 --> 00:27:11,600
Speaker 2: Republican strategist, joined today by Alvin Jordan, a Democratic analyst

525
00:27:11,800 --> 00:27:15,360
Speaker 2: vice president at Rock Solutions. Great to have you both here, gentlemen. Rick,

526
00:27:15,400 --> 00:27:19,040
Speaker 2: your thoughts on this? Knowing that Speaker McCarthy criticized Nancy

527
00:27:19,040 --> 00:27:22,240
Speaker 2: Pelosi for launching an impeachment inquiry into Donald Trump without

528
00:27:22,280 --> 00:27:25,040
Speaker 2: a vote, what's the purpose of this today, what's the motivation?

529
00:27:26,720 --> 00:27:26,920
Speaker 9: Yeah?

530
00:27:26,960 --> 00:27:29,600
Speaker 10: Look, I mean he's walking a tight rope of a

531
00:27:29,720 --> 00:27:32,560
Speaker 10: number of really tough jams that he's got in the House.

532
00:27:32,640 --> 00:27:38,400
Speaker 10: I mean, this impeachment inquiry announcement today is a way

533
00:27:38,440 --> 00:27:40,480
Speaker 10: of letting some of the air out of the conservative

534
00:27:40,480 --> 00:27:42,440
Speaker 10: side of his party who's angry with him that he

535
00:27:42,480 --> 00:27:46,160
Speaker 10: hasn't acted more harshly on the spending cuts that they want,

536
00:27:46,560 --> 00:27:49,520
Speaker 10: even though it violates the deal he cut with Biden

537
00:27:49,640 --> 00:27:52,199
Speaker 10: earlier in the year on spending. And on top of that,

538
00:27:53,280 --> 00:27:56,080
Speaker 10: you know, he's got the government shutdown because they haven't

539
00:27:56,119 --> 00:27:58,000
Speaker 10: done the work that he claimed he was going to

540
00:27:58,040 --> 00:28:01,000
Speaker 10: do his Speaker when he first got elected that you know,

541
00:28:01,080 --> 00:28:03,960
Speaker 10: through regular order he would pass you know, all twelve

542
00:28:04,359 --> 00:28:07,600
Speaker 10: appropriations bills and I think last count they had one done.

543
00:28:08,520 --> 00:28:10,880
Speaker 10: So he's stuck in the middle of this, and then

544
00:28:10,920 --> 00:28:14,399
Speaker 10: you pile on top of that Ukraine funding and the

545
00:28:14,560 --> 00:28:20,200
Speaker 10: special supplemental for emergency disaster spending, and he doesn't he

546
00:28:20,720 --> 00:28:24,919
Speaker 10: can't count votes. He doesn't have enough people to really

547
00:28:24,960 --> 00:28:28,359
Speaker 10: pass this agenda that is pressing and do by the

548
00:28:28,440 --> 00:28:31,119
Speaker 10: end of the month. So this was his way of,

549
00:28:31,200 --> 00:28:33,320
Speaker 10: I think, letting some air out of the tire. It

550
00:28:33,440 --> 00:28:36,480
Speaker 10: violated his own rule, which is, as you pointed out, Joe,

551
00:28:37,200 --> 00:28:41,000
Speaker 10: I'm going to take a vote on any impeachment proceedings.

552
00:28:41,040 --> 00:28:44,240
Speaker 10: And you know, he basically fell back on the Pelosi model,

553
00:28:44,280 --> 00:28:47,560
Speaker 10: which had been highly criticized by him and other leadership,

554
00:28:47,640 --> 00:28:52,160
Speaker 10: including the Freedom Caucus people. So yeah, I agree with

555
00:28:52,240 --> 00:28:56,440
Speaker 10: Mick mulvaney and your point with him yesterday is that

556
00:28:56,880 --> 00:28:59,640
Speaker 10: he's walking a tightrope and when you have people like

557
00:28:59,720 --> 00:29:03,040
Speaker 10: mac actually just put out a statement right after the

558
00:29:03,080 --> 00:29:06,120
Speaker 10: announcement by the Speaker that it wasn't enough and he's

559
00:29:06,160 --> 00:29:09,200
Speaker 10: got to do more on spending. I mean, his worst

560
00:29:09,320 --> 00:29:11,040
Speaker 10: nightmare is his own party.

561
00:29:11,320 --> 00:29:15,040
Speaker 2: Matt Gates. Of course, the thorn in Kevin McCarthy's side,

562
00:29:15,040 --> 00:29:18,160
Speaker 2: the congressman from Florida, calls the move to open an

563
00:29:18,160 --> 00:29:22,520
Speaker 2: impeachment probe into President Biden. A baby Step says, the

564
00:29:22,560 --> 00:29:25,760
Speaker 2: Speaker is not delivered on promises regarding spending and subpoenas

565
00:29:25,800 --> 00:29:28,360
Speaker 2: and is not putting the party in a position to succeed.

566
00:29:28,440 --> 00:29:32,280
Speaker 2: So this is not making everybody happy. Alvin. The response

567
00:29:32,320 --> 00:29:36,560
Speaker 2: from Democrats, I'm gonna let John Fetterman do this. Of course,

568
00:29:36,640 --> 00:29:40,000
Speaker 2: the senator, Democratic senator from Pennsylvania, who they hit him

569
00:29:40,080 --> 00:29:43,360
Speaker 2: up in the hallway in the Capitol just moments after

570
00:29:43,840 --> 00:29:45,760
Speaker 2: this was announced by the speaker. Just give this a

571
00:29:45,760 --> 00:29:47,600
Speaker 2: listen about this news.

572
00:29:47,280 --> 00:29:51,200
Speaker 3: That Speaker McCarthy has formally launched an impeachment and has

573
00:29:51,240 --> 00:29:52,040
Speaker 3: said he's going to.

574
00:29:52,320 --> 00:29:56,640
Speaker 10: Go really oh my gosh, you know, Oh, it's devastating.

575
00:29:58,680 --> 00:30:07,080
Speaker 2: Don't do it please? Oh no, but he's pretending to coward. No, no, no,

576
00:30:07,120 --> 00:30:09,520
Speaker 2: not an impeachment. Is there some truth to that? How

577
00:30:09,520 --> 00:30:11,560
Speaker 2: do Democrats handle this? Do you just laugh it off?

578
00:30:13,200 --> 00:30:16,480
Speaker 11: I think that's exactly what you do in this case

579
00:30:16,520 --> 00:30:20,600
Speaker 11: if you're you're the Democrats. Uh, there's no surprise here,

580
00:30:21,080 --> 00:30:24,280
Speaker 11: uh to anyone. I think maybe the timing of it

581
00:30:24,320 --> 00:30:27,120
Speaker 11: is a bit uh, you know, unique in that way,

582
00:30:27,160 --> 00:30:29,600
Speaker 11: but I think it's very clear that we're looking at

583
00:30:29,920 --> 00:30:33,200
Speaker 11: a bit of a political calculus, if you will. I

584
00:30:33,200 --> 00:30:37,640
Speaker 11: think this is totally about political strategy and and left

585
00:30:37,680 --> 00:30:41,760
Speaker 11: about the actual conviction. It's it's very clear if you

586
00:30:41,800 --> 00:30:44,360
Speaker 11: played you know, the Matt gas clip, it's very clear

587
00:30:44,440 --> 00:30:48,120
Speaker 11: that you know this is truly setting the stage for

588
00:30:48,440 --> 00:30:51,640
Speaker 11: a bargaining chip. You know, we've we've mentioned at length

589
00:30:51,760 --> 00:30:55,120
Speaker 11: that you know, funding and the government uh funding deadline

590
00:30:55,160 --> 00:30:56,640
Speaker 11: is coming up at the end of the month. And

591
00:30:56,720 --> 00:31:00,960
Speaker 11: so more than anything, I think that this is definitely

592
00:31:01,280 --> 00:31:04,960
Speaker 11: a bargainingship for any type of additional government a funding

593
00:31:05,680 --> 00:31:07,960
Speaker 11: you know, kind of political back and forth that will happen,

594
00:31:08,440 --> 00:31:11,520
Speaker 11: and less of a serious you know, kind of pushed

595
00:31:11,560 --> 00:31:13,480
Speaker 11: to unearth any new information.

596
00:31:15,040 --> 00:31:17,480
Speaker 2: So okay, that said, Rick, did this make a government

597
00:31:17,520 --> 00:31:21,880
Speaker 2: shutdown less likely? This is a weird world we're living in,

598
00:31:21,920 --> 00:31:24,560
Speaker 2: But this idea has been suggested more than once. You

599
00:31:24,600 --> 00:31:26,400
Speaker 2: make some members of the Freedom Colock is happy with

600
00:31:26,440 --> 00:31:28,760
Speaker 2: impeachment that lets you get a continuing resolution.

601
00:31:30,200 --> 00:31:33,680
Speaker 9: Well, it certainly is in his interests a speaker, McCarthy's

602
00:31:33,720 --> 00:31:36,200
Speaker 9: interest not to have a government shut down. Right, He's

603
00:31:36,240 --> 00:31:38,320
Speaker 9: got work to do. He wants to cut a deal

604
00:31:38,400 --> 00:31:42,800
Speaker 9: to get a continuing resolution. He's already said that very clearly.

605
00:31:43,920 --> 00:31:45,920
Speaker 10: The only question I think coming out of the Speaker's

606
00:31:45,920 --> 00:31:49,080
Speaker 10: office is how long would that continuing resolution last in

607
00:31:49,160 --> 00:31:52,200
Speaker 10: order for them to get the rest of the appropriations

608
00:31:52,200 --> 00:31:55,920
Speaker 10: bills done and get into a conference with the Senate.

609
00:31:56,280 --> 00:31:59,240
Speaker 10: Senate's not giving him any lifeline, right They're sitting back

610
00:31:59,320 --> 00:32:03,080
Speaker 10: going on our work. You need to get yours done.

611
00:32:03,640 --> 00:32:06,680
Speaker 10: A lot of conservative Republicans are unhappy in the Senate

612
00:32:07,080 --> 00:32:10,800
Speaker 10: with the lack of progress that they've made, even after

613
00:32:10,840 --> 00:32:16,160
Speaker 10: all the promises they gave to their constituents that this

614
00:32:16,200 --> 00:32:18,840
Speaker 10: would be a different kind of Republican organization in the House.

615
00:32:18,880 --> 00:32:22,640
Speaker 10: So yeah, he doesn't want to see a government shut down.

616
00:32:22,640 --> 00:32:25,800
Speaker 10: It just makes it another vote that he has to

617
00:32:25,880 --> 00:32:28,760
Speaker 10: contest in amongst all the rest of these that are

618
00:32:28,760 --> 00:32:30,560
Speaker 10: causing him heartburn right now.

619
00:32:32,000 --> 00:32:36,640
Speaker 2: Meanwhile, in the Senate, the gentleman from Alabama changes his

620
00:32:36,760 --> 00:32:40,040
Speaker 2: tune slightly on the blockade against military promotions. This is

621
00:32:40,080 --> 00:32:44,560
Speaker 2: Coach Tommy Tubberville, who of course is protesting the abortion

622
00:32:44,720 --> 00:32:47,239
Speaker 2: travel policy at the Pentagon. He's now blocking more than

623
00:32:47,280 --> 00:32:50,200
Speaker 2: three hundred military promotions. We're talking about this on an

624
00:32:50,200 --> 00:32:52,840
Speaker 2: almost daily basis, and took to the floor of the

625
00:32:52,880 --> 00:32:56,960
Speaker 2: Senate last night late yesterday to respond to his critics.

626
00:32:57,080 --> 00:33:00,000
Speaker 2: A new wrinkle on why this blockade should last.

627
00:33:00,400 --> 00:33:03,560
Speaker 12: Sin f Reid said it was disrespectful not to prove

628
00:33:03,640 --> 00:33:07,200
Speaker 12: them by unanimous consent. I do not agree with that

629
00:33:08,760 --> 00:33:12,240
Speaker 12: many of these nominees are worthy of confirmation. I will

630
00:33:12,280 --> 00:33:15,680
Speaker 12: agree and I will vote for, but some are not.

631
00:33:16,960 --> 00:33:19,720
Speaker 2: Some are not, he says. Alban He has had time

632
00:33:19,760 --> 00:33:21,680
Speaker 2: to look into some of these nominees and says they

633
00:33:21,680 --> 00:33:25,520
Speaker 2: should not be confirmed because they support DEI policies. Where's

634
00:33:25,560 --> 00:33:26,000
Speaker 2: this going.

635
00:33:27,920 --> 00:33:31,240
Speaker 11: I think it's going exactly the way of you know,

636
00:33:31,840 --> 00:33:34,640
Speaker 11: the country's kind of tone in response to this, which is,

637
00:33:35,520 --> 00:33:37,200
Speaker 11: what are we really saying? You know, what are we

638
00:33:37,280 --> 00:33:41,280
Speaker 11: really talking about? Because it isn't bearing fruit. I think

639
00:33:41,320 --> 00:33:44,520
Speaker 11: we've seen this with Governor DeSantis, as he's kind of

640
00:33:44,560 --> 00:33:48,120
Speaker 11: stepped away and at least softened publicly kind of his

641
00:33:48,240 --> 00:33:51,080
Speaker 11: approach and attacked to these types of things, and so

642
00:33:51,160 --> 00:33:55,959
Speaker 11: I think that, you know, Tubberville is one where he

643
00:33:56,080 --> 00:33:58,800
Speaker 11: is definitely, you know, no stranger to the antics, and

644
00:33:58,840 --> 00:34:01,000
Speaker 11: so I think this is just kind of muddy in

645
00:34:01,000 --> 00:34:04,640
Speaker 11: the waters. I think earlier someone uses the term performative,

646
00:34:04,960 --> 00:34:07,640
Speaker 11: and that is essentially where I come back to when

647
00:34:07,680 --> 00:34:11,759
Speaker 11: I think, you know, quite frankly, anything Tubberville related. But

648
00:34:11,800 --> 00:34:14,480
Speaker 11: in this instance, I think it's more so trying to

649
00:34:14,560 --> 00:34:16,120
Speaker 11: you know, shine a light and kind of give a

650
00:34:16,239 --> 00:34:19,680
Speaker 11: you know, a performative kind of edge to himself, as

651
00:34:19,680 --> 00:34:22,719
Speaker 11: opposed to driving anything of substance.

652
00:34:22,760 --> 00:34:27,600
Speaker 2: To be honest, Rick is the senator here showing us anything,

653
00:34:27,600 --> 00:34:30,600
Speaker 2: giving us a sign by picking through individual nominees. Now

654
00:34:30,640 --> 00:34:33,239
Speaker 2: does this look like something that goes on forever? Or

655
00:34:33,280 --> 00:34:35,680
Speaker 2: he might be looking for an exit ramp at this point,

656
00:34:36,719 --> 00:34:37,160
Speaker 2: I don't know.

657
00:34:37,239 --> 00:34:39,840
Speaker 10: I mean, you could make an argument I guess, you

658
00:34:39,840 --> 00:34:42,560
Speaker 10: know along that line Joe that he finds a couple

659
00:34:42,640 --> 00:34:47,480
Speaker 10: of guys that he votes against because of their diversity

660
00:34:47,560 --> 00:34:50,920
Speaker 10: inclusion points of view, which is also policy at the

661
00:34:50,920 --> 00:34:54,200
Speaker 10: Pentagon in addition to the abortion policy that he is opposed,

662
00:34:54,760 --> 00:34:59,440
Speaker 10: but it doesn't change the policy, and giving a couple

663
00:34:59,480 --> 00:35:04,359
Speaker 10: of scout helps to coach Tubberville doesn't make sense if

664
00:35:04,400 --> 00:35:06,400
Speaker 10: you're the Democratic leadership.

665
00:35:06,680 --> 00:35:08,319
Speaker 2: I think they feel like they've got him right.

666
00:35:08,239 --> 00:35:12,240
Speaker 10: Where they want him and let him stew. It doesn't

667
00:35:12,239 --> 00:35:15,319
Speaker 10: do much for our national security, But the politics are

668
00:35:15,320 --> 00:35:20,279
Speaker 10: pretty clear that the only people that Coach Tubberville's been

669
00:35:20,880 --> 00:35:27,000
Speaker 10: really getting on his side, or the adamant anti abortion

670
00:35:27,440 --> 00:35:29,920
Speaker 10: groups that support his abortion stance.

671
00:35:30,360 --> 00:35:33,680
Speaker 9: But going woke seems to me weakens his position, doesn't

672
00:35:33,719 --> 00:35:34,279
Speaker 9: strengthen it.

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00:35:34,400 --> 00:35:35,440
Speaker 2: Fascinating stuff here.

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Speaker 1: This is Bloomberg. You're listening to the Bloomberg Sound on podcast.

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00:35:41,320 --> 00:35:45,400
Speaker 1: Catch the program live weekdays at one Eastern on Bloomberg Radio,

676
00:35:45,560 --> 00:35:48,280
Speaker 1: the tune in app, Bloomberg dot Com, and the Bloomberg

677
00:35:48,360 --> 00:35:51,640
Speaker 1: Business App. You can also listen live on Amazon Alexa

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00:35:51,719 --> 00:35:55,080
Speaker 1: from our flagship New York station, Just say Alexa, play

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00:35:55,200 --> 00:35:56,520
Speaker 1: Bloomberg eleven thirty.

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00:35:58,840 --> 00:36:01,279
Speaker 2: It's a big deal with Apples. Everyone's talking about it. Well,

681
00:36:01,320 --> 00:36:04,160
Speaker 2: watching the stock We've got new iPhones. You're obsessing over

682
00:36:04,239 --> 00:36:07,400
Speaker 2: the colors, knowing that I went back to the original

683
00:36:07,560 --> 00:36:10,040
Speaker 2: launch of the iPhone to get a sense of sort

684
00:36:10,040 --> 00:36:11,719
Speaker 2: of the drama that was in the air. Because we

685
00:36:11,760 --> 00:36:15,720
Speaker 2: make a big deal about this now, Steve Jobs, ninth

686
00:36:15,719 --> 00:36:18,400
Speaker 2: of January two thousand and seven.

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00:36:18,520 --> 00:36:22,000
Speaker 6: Every once in a while, a revolutionary product comes along

688
00:36:23,080 --> 00:36:31,520
Speaker 6: that changes everything, and Apple has been well. First of all,

689
00:36:31,560 --> 00:36:33,920
Speaker 6: one's very fortunate if you get to work on just

690
00:36:34,040 --> 00:36:38,839
Speaker 6: one of these in your career just one. Apple's been

691
00:36:38,960 --> 00:36:43,279
Speaker 6: very fortunate, it's been able to introduce a few of

692
00:36:43,320 --> 00:36:46,960
Speaker 6: these into the world.

693
00:36:46,239 --> 00:36:50,880
Speaker 2: And today number fifteen, there was I read the story

694
00:36:50,920 --> 00:36:58,000
Speaker 2: here about this Dynamic Island Dynamic Island Alerts interface. I'm

695
00:36:58,040 --> 00:37:00,120
Speaker 2: realizing as I talk to you, I have that on

696
00:37:00,120 --> 00:37:01,360
Speaker 2: my phone and I don't even know what it is.

697
00:37:01,360 --> 00:37:04,080
Speaker 3: What is It's at the top, yeah, by where your

698
00:37:04,080 --> 00:37:06,800
Speaker 3: selfie camera is. And it used to just not do anything,

699
00:37:06,840 --> 00:37:08,680
Speaker 3: and they said, hey, we should make that do something,

700
00:37:08,680 --> 00:37:11,480
Speaker 3: and so you can look at music you're playing, or

701
00:37:12,040 --> 00:37:15,320
Speaker 3: your uber driver approaching how many minutes away? It just

702
00:37:15,400 --> 00:37:16,200
Speaker 3: kind of does things.

703
00:37:16,080 --> 00:37:17,759
Speaker 2: Are you putting me on? I'm looking at my phone

704
00:37:17,800 --> 00:37:20,080
Speaker 2: and I don't see any of that. We'll work on that, okay,

705
00:37:20,080 --> 00:37:20,360
Speaker 2: thank you.

706
00:37:20,440 --> 00:37:20,640
Speaker 11: Break.

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00:37:20,760 --> 00:37:23,640
Speaker 3: My thing is these phones are getting more and more expensive, Joe.

708
00:37:23,680 --> 00:37:27,319
Speaker 3: That highest end model, the fifteen Pro Max, is now

709
00:37:27,360 --> 00:37:30,600
Speaker 3: going to begin at eleven hundred and ninety nine dollars.

710
00:37:30,880 --> 00:37:33,160
Speaker 3: That's up one hundred dollars from last year's version. So

711
00:37:33,239 --> 00:37:35,120
Speaker 3: if you want an upgrade, you're going to have to

712
00:37:35,120 --> 00:37:36,520
Speaker 3: pay up for it. And frankly, I don't know if

713
00:37:36,520 --> 00:37:38,279
Speaker 3: all upgrade because I want my purple phone and it

714
00:37:38,320 --> 00:37:39,040
Speaker 3: doesn't look like I.

715
00:37:39,000 --> 00:37:40,360
Speaker 2: Was going to say that. Do they have your color?

716
00:37:40,560 --> 00:37:43,120
Speaker 2: Why are they changing the colors? I still thought they

717
00:37:43,120 --> 00:37:45,719
Speaker 2: made rose gold. They don't do that anymore. I've only

718
00:37:45,760 --> 00:37:48,360
Speaker 2: ever had a black iPhone. I think I'm really I

719
00:37:48,640 --> 00:37:53,000
Speaker 2: need to catch up a lot. It's the iPhone fifteen,

720
00:37:54,120 --> 00:37:56,120
Speaker 2: and it does things that I don't know how to do.

721
00:37:56,440 --> 00:37:58,640
Speaker 2: We'll improve our lives somehow, I guess it will.

722
00:37:58,719 --> 00:37:59,000
Speaker 1: I don't.

723
00:38:00,160 --> 00:38:01,120
Speaker 3: There's a camera upgrade.

724
00:38:02,000 --> 00:38:04,000
Speaker 2: There's an app for that. Oh, there's a camera upgrade.

725
00:38:04,000 --> 00:38:04,239
Speaker 4: Okay.

726
00:38:08,000 --> 00:38:10,279
Speaker 2: Thanks for listening to the Sound on podcast. Make sure

727
00:38:10,320 --> 00:38:13,160
Speaker 2: to subscribe if you haven't already, at Apple, Spotify, and

728
00:38:13,239 --> 00:38:15,799
Speaker 2: anywhere else you get your podcasts, and you can find

729
00:38:15,880 --> 00:38:18,879
Speaker 2: us live every weekday from Washington, DC at one pm

730
00:38:19,000 --> 00:38:22,440
Speaker 2: Eastern Time at Bloomberg dot com