1 00:00:00,040 --> 00:00:04,120 Speaker 1: Police from DC's top name. So what the President wants 2 00:00:04,120 --> 00:00:06,240 Speaker 1: to continue to do is make sure that we're lowing 3 00:00:06,880 --> 00:00:09,520 Speaker 1: energy costs for the American family. He shakes hands with 4 00:00:09,560 --> 00:00:14,080 Speaker 1: ghosts and imaginary people. He falls off bis. First of all, 5 00:00:14,080 --> 00:00:15,600 Speaker 1: I'm glad to have a president who can ride it 6 00:00:15,640 --> 00:00:20,520 Speaker 1: by Schomberg Sound On with Joe Matthew on Bloomberg Radio. 7 00:00:22,079 --> 00:00:25,639 Speaker 1: Democrats help the MAGA candidate win the Republican nomination for 8 00:00:25,720 --> 00:00:29,280 Speaker 1: governor in Maryland. Welcome to the fastest Hour in politics, 9 00:00:29,360 --> 00:00:32,839 Speaker 1: the day after a primary that was a microcosm for 10 00:00:32,840 --> 00:00:35,640 Speaker 1: the mid terms. We'll talk with Jessica Taylor of the 11 00:00:35,680 --> 00:00:38,959 Speaker 1: Cook Political Report. Coming up, President Biden travels to New 12 00:00:38,960 --> 00:00:42,120 Speaker 1: England today announcing new climate initiatives, but stopped short of 13 00:00:42,159 --> 00:00:46,479 Speaker 1: declaring a climate emergency. We'll discuss a challenged agenda with 14 00:00:46,520 --> 00:00:49,800 Speaker 1: Alice Hill, Senior Fellow for Energy and the Environment at 15 00:00:49,800 --> 00:00:53,280 Speaker 1: the Council on Foreign Relations. Analysis from our signature panel. 16 00:00:53,600 --> 00:00:57,200 Speaker 1: They're both here today Bloomberg Politics contributors Jeanie Chanzano and 17 00:00:57,280 --> 00:01:00,200 Speaker 1: Rick Davis. Was a clear win for Dan Coxlaw last 18 00:01:00,280 --> 00:01:05,360 Speaker 1: night in Maryland. He won the Republican gubernatorial primary thanks 19 00:01:05,400 --> 00:01:08,039 Speaker 1: in part or largely depending on how you look at 20 00:01:08,080 --> 00:01:11,080 Speaker 1: this to a big endorsement. I want to thank President 21 00:01:11,160 --> 00:01:20,280 Speaker 1: Trump at the victory party last night, putting Cox about 22 00:01:20,319 --> 00:01:24,920 Speaker 1: fifteen points ahead of establishment Republican candidate Kelly Schltz was 23 00:01:25,000 --> 00:01:29,280 Speaker 1: endorsed by her former boss, the outgoing Governor Larry Hogan. 24 00:01:29,520 --> 00:01:34,240 Speaker 1: It's unclear who Cox will face with a Democratic field, 25 00:01:34,240 --> 00:01:36,679 Speaker 1: a big one that's still too close to call, although 26 00:01:37,080 --> 00:01:41,200 Speaker 1: author Wes Moore, you know, the endorsed by Oprah Winfrey 27 00:01:41,280 --> 00:01:45,280 Speaker 1: is actually in the league in a group of believers 28 00:01:45,319 --> 00:01:48,360 Speaker 1: that we as a state can be bolder, that we 29 00:01:48,440 --> 00:01:51,040 Speaker 1: can move faster, that we can do this, and we 30 00:01:51,080 --> 00:01:54,360 Speaker 1: can do this work together. Now the state begins counting 31 00:01:54,400 --> 00:01:57,520 Speaker 1: mail in ballots tomorrow, and uh we get into some 32 00:01:57,560 --> 00:02:00,800 Speaker 1: of the results here from last night, and also follow 33 00:02:00,920 --> 00:02:03,840 Speaker 1: the money in Maryland with Jessica Taylor, who joins us 34 00:02:04,080 --> 00:02:07,400 Speaker 1: once again on this day after the primary, Senate and 35 00:02:07,440 --> 00:02:10,000 Speaker 1: Governor's editor for the Cook Political Report. It's great to 36 00:02:10,000 --> 00:02:12,600 Speaker 1: have you back, Jessica, welcome. How long do we think 37 00:02:12,600 --> 00:02:14,960 Speaker 1: it might take to learn who won the Democratic nomination? 38 00:02:15,960 --> 00:02:19,280 Speaker 1: Well Morris ahead of former d n C chairman and 39 00:02:19,360 --> 00:02:22,959 Speaker 1: former Obama Labor secretary Tom Perez by about ten point, 40 00:02:23,720 --> 00:02:27,320 Speaker 1: and we saw a much heavier Democratic mail in voting 41 00:02:27,400 --> 00:02:29,760 Speaker 1: than Republicans, which is sort of the trend we have 42 00:02:29,840 --> 00:02:34,359 Speaker 1: been seeing. Um So, if this counting starts tomorrow, if 43 00:02:34,360 --> 00:02:37,520 Speaker 1: there's a clear trait sort of that I expect, if 44 00:02:37,600 --> 00:02:39,560 Speaker 1: you know that sort of ten point maybe a little 45 00:02:39,600 --> 00:02:42,960 Speaker 1: closer margin continues, I think we could see it, you know, 46 00:02:43,040 --> 00:02:46,680 Speaker 1: called within a couple of days. After that we're just 47 00:02:46,720 --> 00:02:48,919 Speaker 1: on clear half after they're going to count too. So 48 00:02:49,720 --> 00:02:52,520 Speaker 1: that's that's become an issue. Of course. Lately, I want 49 00:02:52,520 --> 00:02:55,399 Speaker 1: to ask you about who actually bankrolled Dan Cox's campaign though, 50 00:02:55,440 --> 00:02:58,960 Speaker 1: because this is this would be whomever the Democratic nominee 51 00:02:59,040 --> 00:03:01,960 Speaker 1: is there referred rival right. Much has been made of 52 00:03:01,960 --> 00:03:05,600 Speaker 1: the fact that the Democratic Governor's Association dumped over a 53 00:03:05,639 --> 00:03:07,640 Speaker 1: million dollars. I think it was closer to two million 54 00:03:07,720 --> 00:03:12,560 Speaker 1: dollars into ads and mailer's for Dan Cox. If we 55 00:03:12,600 --> 00:03:14,440 Speaker 1: can say that they were critical through the eyes of 56 00:03:14,480 --> 00:03:18,320 Speaker 1: a Democrat, but you know, they they emphasized his ties 57 00:03:18,360 --> 00:03:21,600 Speaker 1: to Trump, and the idea is that Democrats would be 58 00:03:21,639 --> 00:03:23,480 Speaker 1: able to run against the person they saw as the 59 00:03:23,480 --> 00:03:27,079 Speaker 1: weaker candidate. They used an ad campaign called Meet Dan 60 00:03:27,240 --> 00:03:31,239 Speaker 1: Meet Dan Cox, Donald Trump's hand pick candidate for Maryland 61 00:03:31,280 --> 00:03:34,520 Speaker 1: Governor Cox worked with Trump trying to prove the last 62 00:03:34,560 --> 00:03:38,320 Speaker 1: election was a fraud. One pent pro life. He's finding 63 00:03:38,360 --> 00:03:41,840 Speaker 1: an end abortion in Maryland. You get the pushing his 64 00:03:41,880 --> 00:03:44,800 Speaker 1: connections to Trump helped to draw Trump supporters to his side. 65 00:03:44,800 --> 00:03:47,920 Speaker 1: This is not a new strategy, of course, Jessica. Democrats 66 00:03:47,920 --> 00:03:51,360 Speaker 1: did this in other states already in this cycle Colorado, Illinois, Pennsylvania, 67 00:03:51,920 --> 00:03:55,680 Speaker 1: and both parties Democrats and Republicans have done this over 68 00:03:55,760 --> 00:03:59,320 Speaker 1: the decades. Here, Kelly Shaltz, who lost last night, calls 69 00:03:59,320 --> 00:04:04,280 Speaker 1: it manipulation. MISSI right, Well, different writs are right, and 70 00:04:04,440 --> 00:04:06,440 Speaker 1: this is the same message they would use in a 71 00:04:06,520 --> 00:04:09,120 Speaker 1: general election. Of course, this is a state that Trump 72 00:04:09,200 --> 00:04:13,400 Speaker 1: lost by thirty three points in so you know, it's 73 00:04:13,440 --> 00:04:16,919 Speaker 1: sort of the backhanded way that he is that is 74 00:04:16,920 --> 00:04:21,919 Speaker 1: more effective with Republican primary voters and then you, by effect, 75 00:04:22,000 --> 00:04:26,960 Speaker 1: get the weaker nominee um. Now, this has been somewhat controversial, 76 00:04:27,000 --> 00:04:29,279 Speaker 1: and you know closer states where they've tried this because 77 00:04:29,320 --> 00:04:32,880 Speaker 1: they're saying, you know, you have election deniers and people 78 00:04:32,960 --> 00:04:36,520 Speaker 1: that they say with threaten democracy. But given the heavily 79 00:04:36,520 --> 00:04:40,200 Speaker 1: Republican environment, we expect in November, those people could still 80 00:04:40,320 --> 00:04:43,280 Speaker 1: very much win. It's not a in a state like 81 00:04:43,360 --> 00:04:47,760 Speaker 1: Maryland that is pretty solidly blue. Listen, if Schroltz had one, um, 82 00:04:47,880 --> 00:04:50,159 Speaker 1: she was in the MOLDI Larry Hogan, like we have 83 00:04:50,240 --> 00:04:55,080 Speaker 1: a there's a tried in true way that blue states 84 00:04:55,160 --> 00:04:57,599 Speaker 1: have elected Republican governors and they have to be models 85 00:04:57,680 --> 00:04:59,840 Speaker 1: and they have to be Centrists. That's the reason why 86 00:05:00,040 --> 00:05:03,520 Speaker 1: have Larry Hogan that was handily re elected in ethan 87 00:05:03,560 --> 00:05:07,920 Speaker 1: and democratic year. Um, the governor of Vermont is a Republican. 88 00:05:08,440 --> 00:05:10,320 Speaker 1: You know, it's hard to think of. You know, you 89 00:05:10,360 --> 00:05:13,039 Speaker 1: have Bernie Sanders and a Republican governor from his state. 90 00:05:13,080 --> 00:05:15,440 Speaker 1: Look at Charlie Baker in Massachusetts where the where the 91 00:05:15,480 --> 00:05:18,800 Speaker 1: president was today. But I guess that raises the question, then, Jessica, 92 00:05:18,960 --> 00:05:21,839 Speaker 1: is this does does that nominee? Then if Democrats are 93 00:05:21,920 --> 00:05:24,680 Speaker 1: are thumbing the scale to get a MAGA candidate in there, 94 00:05:25,360 --> 00:05:28,680 Speaker 1: that candidate doesn't necessarily represent the Republicans who live in 95 00:05:28,680 --> 00:05:32,360 Speaker 1: that state. So so that is technically manipulating the outcome. 96 00:05:32,440 --> 00:05:35,640 Speaker 1: But then again welcome to politics. Well, if we look 97 00:05:35,680 --> 00:05:38,720 Speaker 1: at the attorney general's primary there too, where you did 98 00:05:38,760 --> 00:05:41,320 Speaker 1: not see such spending um it turned out to be 99 00:05:41,360 --> 00:05:43,600 Speaker 1: about the same margin. So I think we just see 100 00:05:43,680 --> 00:05:47,720 Speaker 1: the Republican Party as a whole ones that are more 101 00:05:47,880 --> 00:05:52,080 Speaker 1: like more likely to vote in primary that they are 102 00:05:52,160 --> 00:05:54,320 Speaker 1: more conservative, and they are more closely tied to the 103 00:05:54,320 --> 00:05:58,200 Speaker 1: Trump space. I mean Hogan and Baker's popularity there. It 104 00:05:58,279 --> 00:06:02,680 Speaker 1: doesn't come necessarily from Republicans, is from Independence and Democrats, 105 00:06:03,000 --> 00:06:05,480 Speaker 1: and that's how you have filled a winning coalition. So 106 00:06:05,880 --> 00:06:08,320 Speaker 1: I think even if Democrats cannot spend in this, I 107 00:06:08,360 --> 00:06:11,520 Speaker 1: still think the outcome probably would have been the same 108 00:06:11,560 --> 00:06:14,360 Speaker 1: with Cox winning, just because that is how we see 109 00:06:14,360 --> 00:06:19,039 Speaker 1: that the Republican Party and these the prime electorate is 110 00:06:19,080 --> 00:06:22,000 Speaker 1: more conservative. Yeah, that's a great point. Then, knowing that 111 00:06:22,000 --> 00:06:25,040 Speaker 1: that Kelly Schultz would have likely been a more formidable 112 00:06:25,080 --> 00:06:28,159 Speaker 1: candidate against any Democratic nominee. Right, Larry Hogan had the 113 00:06:28,200 --> 00:06:31,000 Speaker 1: recipe that you just pointed out, and it requires Democrats 114 00:06:31,040 --> 00:06:35,040 Speaker 1: to vote for you in the general. Right, And we 115 00:06:35,080 --> 00:06:38,440 Speaker 1: mentioned Baker there in Massachusetts. Trump waited into that race. 116 00:06:38,480 --> 00:06:40,520 Speaker 1: This is a race that would have stayed solid Republican 117 00:06:40,560 --> 00:06:43,120 Speaker 1: in our ratings if Baker had run for a third term. 118 00:06:43,160 --> 00:06:45,960 Speaker 1: Hogan didn't have that option because the term limits but 119 00:06:46,120 --> 00:06:48,800 Speaker 1: Trump endorsed his primary challenger that there was a very 120 00:06:48,800 --> 00:06:50,520 Speaker 1: good chance he was going to lose too, so he 121 00:06:50,600 --> 00:06:53,520 Speaker 1: decided retirement. We moved both of these races, and our 122 00:06:53,600 --> 00:06:57,360 Speaker 1: ratings changes today just solid Democrats. There were instances where 123 00:06:57,400 --> 00:07:00,880 Speaker 1: Republicans could have possibly held on the of VC. I 124 00:07:00,960 --> 00:07:03,880 Speaker 1: think definitely if Baker were running in Massachusetts, if Sholt 125 00:07:03,920 --> 00:07:07,240 Speaker 1: had one UM, you know, it would be competitive at 126 00:07:07,279 --> 00:07:11,520 Speaker 1: least given this environment, and you know whether she debate 127 00:07:11,560 --> 00:07:13,440 Speaker 1: back and forth and whether she can sort of recreate 128 00:07:13,480 --> 00:07:16,960 Speaker 1: that Hogan magic, but it at least would have been competitive. Instead, 129 00:07:17,280 --> 00:07:20,080 Speaker 1: these are two Republican health states that are going to 130 00:07:20,760 --> 00:07:24,040 Speaker 1: all but surely flipped to Democrats in the fall. And 131 00:07:24,080 --> 00:07:28,680 Speaker 1: it's because Trump has weighted in picked weaker candidates UM 132 00:07:29,000 --> 00:07:33,400 Speaker 1: and he's cost Republicans to two governors racist flat out. Yeah, well, 133 00:07:33,400 --> 00:07:35,160 Speaker 1: it's a great point that you're making, though, I mean, 134 00:07:35,520 --> 00:07:38,160 Speaker 1: I know that this is just the business of politics 135 00:07:38,160 --> 00:07:40,640 Speaker 1: for you, Jessica, but for some of our listeners, that's incredible. 136 00:07:40,680 --> 00:07:43,360 Speaker 1: You guys moved the Cook Political Report, moved this race 137 00:07:43,440 --> 00:07:46,600 Speaker 1: in Maryland too, Leans Democratic, not even knowing who the 138 00:07:46,640 --> 00:07:50,600 Speaker 1: Democratic nominee will be because it doesn't matter we moved 139 00:07:50,600 --> 00:07:55,960 Speaker 1: it to solid it was solid Democratic. Yes, because because 140 00:07:55,960 --> 00:07:58,640 Speaker 1: it doesn't matter, literally doesn't matter who Dan Cox will face, 141 00:07:59,640 --> 00:08:03,440 Speaker 1: It really does not. He is the type of he 142 00:08:03,560 --> 00:08:07,360 Speaker 1: is the complete one eight from the type of Republican 143 00:08:07,400 --> 00:08:12,520 Speaker 1: that can even be remotely competitive in a blue statelight Maryland. Well, 144 00:08:12,560 --> 00:08:14,320 Speaker 1: I guess that tells us a lot about where we 145 00:08:14,360 --> 00:08:16,200 Speaker 1: are here. I won't ask you about Jeff Deal. I 146 00:08:16,240 --> 00:08:18,400 Speaker 1: don't think that name has come up on this program either, 147 00:08:18,480 --> 00:08:21,080 Speaker 1: that that that would be the Republican running for governor 148 00:08:21,080 --> 00:08:25,360 Speaker 1: in Massachusetts. Not a prayer, Jessica. He's running against Maura Healey, 149 00:08:25,440 --> 00:08:27,880 Speaker 1: the the attorney general in the state, is very popular. 150 00:08:29,040 --> 00:08:31,720 Speaker 1: She is She would actually be the first openly lesbian 151 00:08:31,760 --> 00:08:35,840 Speaker 1: governor UM if she wins as expected. So yeah. Also, again, 152 00:08:36,320 --> 00:08:38,120 Speaker 1: I'm not sure Healey would have run if Baker was 153 00:08:38,160 --> 00:08:42,120 Speaker 1: going to run again, especially given the political environment. But again, 154 00:08:42,160 --> 00:08:44,520 Speaker 1: if Baker would have run again, I truly believe he 155 00:08:44,559 --> 00:08:47,240 Speaker 1: would have won. But without him, and you know, his 156 00:08:47,280 --> 00:08:50,400 Speaker 1: lieutenant governor passed on the race. Jeff Deal very much 157 00:08:50,480 --> 00:08:54,440 Speaker 1: in the same mold as Dan Cox. Massachusetts has has 158 00:08:54,440 --> 00:08:58,400 Speaker 1: elected centrist Republican governors before Bill Well, Mitt Romney, Mit Romney. 159 00:08:58,480 --> 00:09:02,280 Speaker 1: That's right, not in that realm uh not lost on us, 160 00:09:02,320 --> 00:09:05,040 Speaker 1: by the way, that Charlie Baker did not attend the 161 00:09:05,080 --> 00:09:08,360 Speaker 1: presidential event today in Somerset, mass I don't believe the 162 00:09:08,400 --> 00:09:10,840 Speaker 1: Lieutenant governor was there either. It was the was the 163 00:09:10,880 --> 00:09:15,480 Speaker 1: Democratic delegation. But that's the way things are sometimes in Massachusetts, 164 00:09:15,520 --> 00:09:17,520 Speaker 1: says We spend time with Jessica Taylor of the Cook 165 00:09:17,559 --> 00:09:19,600 Speaker 1: Political Report. Jessica, I want to ask you about the 166 00:09:19,640 --> 00:09:23,880 Speaker 1: Pence effect here and if there actually is one. We 167 00:09:23,920 --> 00:09:26,600 Speaker 1: saw Mike Pence, of course succeed in in in at 168 00:09:26,679 --> 00:09:30,720 Speaker 1: least choosing the right side in the gubernatorial primary in Georgia, 169 00:09:31,400 --> 00:09:34,120 Speaker 1: but he's getting more involved. He's endorsed to Candida to 170 00:09:34,120 --> 00:09:39,080 Speaker 1: to run against the Trump picked candidate for governor in Arizona. 171 00:09:39,120 --> 00:09:41,200 Speaker 1: And we just learned today is gonna be speaking at 172 00:09:41,200 --> 00:09:44,720 Speaker 1: the Heritage Foundation on Monday here in Washington. That's gonna 173 00:09:44,760 --> 00:09:48,760 Speaker 1: be coinciding with Donald Trump's big comeback event. He's doing 174 00:09:49,400 --> 00:09:52,679 Speaker 1: a two day conference in which he'll be the keynote 175 00:09:52,679 --> 00:09:55,600 Speaker 1: speaker on Tuesday. First time he's in town since leaving 176 00:09:55,600 --> 00:09:59,640 Speaker 1: the White House. Is Mike Pence rising on the campaign trail? 177 00:10:00,800 --> 00:10:03,600 Speaker 1: Listen if you were anti Donald Trump or maybe like 178 00:10:03,800 --> 00:10:08,640 Speaker 1: something and sent away, then you can see that I 179 00:10:09,160 --> 00:10:10,760 Speaker 1: think that he stood up and did what was right. 180 00:10:10,760 --> 00:10:12,760 Speaker 1: On January six, you were not going to vote for 181 00:10:12,800 --> 00:10:16,800 Speaker 1: Donald Trump again, and at least a primary already. But 182 00:10:16,880 --> 00:10:21,280 Speaker 1: I just given where Trump stands, I think your phone 183 00:10:21,320 --> 00:10:24,560 Speaker 1: might be given up on us here, Jessica, Jessica Taylor. 184 00:10:24,760 --> 00:10:27,800 Speaker 1: I do appreciate the insights, as always cook political reports, 185 00:10:27,800 --> 00:10:30,360 Speaker 1: Senate and Governor's Editor. Maybe we can get to Jessica 186 00:10:30,400 --> 00:10:32,880 Speaker 1: back if we can clean up the line here. But 187 00:10:33,000 --> 00:10:34,800 Speaker 1: this is something that we need to talk about, and 188 00:10:34,840 --> 00:10:38,000 Speaker 1: we will do it with the panel. First. I was 189 00:10:38,040 --> 00:10:39,880 Speaker 1: going to tell you about the Trump event next week, 190 00:10:39,920 --> 00:10:42,640 Speaker 1: and this is actually this is a it's a riot. 191 00:10:42,720 --> 00:10:44,400 Speaker 1: It's going to be over the course of two days 192 00:10:44,480 --> 00:10:49,040 Speaker 1: here at a hotel in downtown Washington. It's I believe 193 00:10:49,080 --> 00:10:52,400 Speaker 1: it's a make a build. I don't remember what we're 194 00:10:52,400 --> 00:10:54,200 Speaker 1: doing to America, but it's a it's a like a 195 00:10:54,240 --> 00:10:57,600 Speaker 1: mega event that you with an obvious title. I'll pull 196 00:10:57,640 --> 00:11:00,800 Speaker 1: this up in a second. Here. Uh, he's going to 197 00:11:00,880 --> 00:11:03,520 Speaker 1: be talking for the first time here, surrounded by members 198 00:11:03,520 --> 00:11:08,720 Speaker 1: of Congress, former Trump administration officials who support what he 199 00:11:08,760 --> 00:11:12,920 Speaker 1: has to say about the election. The day earlier at 200 00:11:12,920 --> 00:11:15,960 Speaker 1: the Heritage Foundation, you're gonna have Mike Pence talking, So 201 00:11:16,000 --> 00:11:17,840 Speaker 1: this is gonna be kind of a Pence v. Trump 202 00:11:18,480 --> 00:11:20,240 Speaker 1: set up next week that we'll be talking a lot 203 00:11:20,280 --> 00:11:22,600 Speaker 1: more about him. We'll do that with the panel coming up. 204 00:11:22,679 --> 00:11:26,199 Speaker 1: Jeanie Chanzano and Rick Davis are with us Bloomberg Politics contributors. 205 00:11:26,520 --> 00:11:29,280 Speaker 1: As we say thank you again at Jessica Taylor from 206 00:11:29,320 --> 00:11:31,960 Speaker 1: the Cook Political Report, and I mentioned President Biden in 207 00:11:31,960 --> 00:11:37,840 Speaker 1: New England today, jumped on Air Force one uh to Somerset, Massachusetts, 208 00:11:38,880 --> 00:11:41,520 Speaker 1: not far from beautiful Rhode Island, and we'll tell you 209 00:11:41,559 --> 00:11:45,080 Speaker 1: why he did not declare a climate emergency as many predicted, 210 00:11:45,520 --> 00:11:49,199 Speaker 1: but trying to loosen up the market for windmills. Will 211 00:11:49,200 --> 00:11:51,319 Speaker 1: tell you what he was doing there at a former 212 00:11:52,200 --> 00:11:55,880 Speaker 1: coal plant in New England. It's great to be back 213 00:11:55,920 --> 00:11:57,840 Speaker 1: with you. Thanks for joining us on the fastest hour 214 00:11:57,880 --> 00:12:04,160 Speaker 1: in politics. Our panels up next, This is Bloomberg Tomorrow, 215 00:12:04,240 --> 00:12:08,680 Speaker 1: Bloomberg's David Weston speaks with Bank of America's CEO Brian moynahan. 216 00:12:08,840 --> 00:12:11,079 Speaker 1: The account bounce of the consumer pre pandemic to now 217 00:12:11,160 --> 00:12:14,440 Speaker 1: are multiple figures tune in tomorrow at Knew on Balance 218 00:12:14,520 --> 00:12:18,280 Speaker 1: of Power. Our small business originations are up here every year. 219 00:12:18,320 --> 00:12:22,080 Speaker 1: Bank of America's CEO, Brian Moynahan small business consumers. Are 220 00:12:22,080 --> 00:12:24,000 Speaker 1: they worried about inflation yet? Because every time they opened 221 00:12:24,000 --> 00:12:26,600 Speaker 1: a paper, the paper says worried about inflation? Tomorrow anew 222 00:12:26,920 --> 00:12:30,120 Speaker 1: on Bloomberg, e Love and Trio, the Bloomberg Business app 223 00:12:30,120 --> 00:12:36,320 Speaker 1: and Bloomberg Radio dot Com. You're listening to Bloomberg Sound 224 00:12:36,400 --> 00:12:42,760 Speaker 1: On with Joe Matthew on Bloomberg Radio. So did Democrats 225 00:12:42,800 --> 00:12:46,160 Speaker 1: do something untoward in Maryland? Or is that just the 226 00:12:46,280 --> 00:12:50,400 Speaker 1: game of politics? After all, they did get an election 227 00:12:50,440 --> 00:12:53,880 Speaker 1: Denier elected while they helped get him elected. Dan Cox 228 00:12:54,200 --> 00:13:00,640 Speaker 1: beat the preferred Republican establishment candidate, Kelly Schultz in what 229 00:13:00,880 --> 00:13:04,400 Speaker 1: was not a close race in this primary in Maryland, 230 00:13:04,840 --> 00:13:07,160 Speaker 1: up by fifteen points or so, and he talked to 231 00:13:07,360 --> 00:13:09,800 Speaker 1: the A P when it was done. Democrats are afraid. 232 00:13:09,960 --> 00:13:13,680 Speaker 1: I think the progressive Democrats see our candidacy is the 233 00:13:13,760 --> 00:13:16,680 Speaker 1: only one willing to stand up and articulate the values 234 00:13:16,760 --> 00:13:20,640 Speaker 1: that everyone loves in Maryland, the progressive values of bigger government, 235 00:13:20,640 --> 00:13:24,040 Speaker 1: of more lockdowns, of vaccine, passports of jobs, for jobs. 236 00:13:24,240 --> 00:13:27,480 Speaker 1: These are out the window, and my administration endorsed by 237 00:13:27,520 --> 00:13:32,080 Speaker 1: Donald Trump, bankrolled in part by the Democratic Governors Association, 238 00:13:32,280 --> 00:13:36,320 Speaker 1: which preferred to run against him, even though we do 239 00:13:36,400 --> 00:13:39,320 Speaker 1: not have a Democratic nominee yet. And so we just 240 00:13:39,320 --> 00:13:43,320 Speaker 1: heard from Jessica Taylor Cook Political Report put this in 241 00:13:43,400 --> 00:13:48,120 Speaker 1: the Strong Democratic column based on what happened last night. 242 00:13:48,160 --> 00:13:51,199 Speaker 1: Let's assembled our panel. I missed both of them. Rick 243 00:13:51,280 --> 00:13:54,280 Speaker 1: Davis with us from New York. Genie Shenzano is here 244 00:13:54,320 --> 00:13:57,640 Speaker 1: in Washington, d C. Bloomberg Politics contributors. Did you ever 245 00:13:57,679 --> 00:13:59,840 Speaker 1: pull one of these, Rick, when you were running campaigns, 246 00:14:00,040 --> 00:14:03,120 Speaker 1: start to put money behind the candidate you would hope 247 00:14:03,160 --> 00:14:05,360 Speaker 1: to face. You know, I don't think we ever use 248 00:14:05,440 --> 00:14:08,680 Speaker 1: financial resources. They were always you know, sort of too 249 00:14:08,760 --> 00:14:12,280 Speaker 1: valuable to our own candidate. But we certainly elevated other 250 00:14:12,320 --> 00:14:14,760 Speaker 1: candidates in the sense of, you know, saying nice things 251 00:14:14,760 --> 00:14:17,520 Speaker 1: about them on a stump or you know, being flattering 252 00:14:17,559 --> 00:14:20,800 Speaker 1: to them in a debate, But not so much like 253 00:14:20,840 --> 00:14:23,720 Speaker 1: what we've seen in the Democratic Party's efforts this time around, 254 00:14:23,880 --> 00:14:27,600 Speaker 1: especially with candidates who in other times would have been 255 00:14:27,600 --> 00:14:31,320 Speaker 1: considered fringe candidates. In other words, what happens if lightning 256 00:14:31,360 --> 00:14:34,320 Speaker 1: strikes and this person actually gets elected. What a disaster 257 00:14:34,400 --> 00:14:36,080 Speaker 1: that would be for the state in the country. So 258 00:14:36,480 --> 00:14:39,280 Speaker 1: I think this is planned with fire, and I and I'm, 259 00:14:39,360 --> 00:14:41,320 Speaker 1: I'm just my own instinct is that it's a little 260 00:14:41,360 --> 00:14:44,400 Speaker 1: too cute by half. Do you worry a genie about 261 00:14:44,760 --> 00:14:46,640 Speaker 1: who might get elected? Is this to be careful what 262 00:14:46,720 --> 00:14:49,600 Speaker 1: you ask for? I think it is um. You know, 263 00:14:50,040 --> 00:14:54,600 Speaker 1: the Democrats are essentially banking on the fact that these 264 00:14:54,640 --> 00:14:57,680 Speaker 1: far right Trump candidates that they're you know, investing quite 265 00:14:57,680 --> 00:15:00,520 Speaker 1: frankly in some cases millions of dollars in on the 266 00:15:00,560 --> 00:15:04,200 Speaker 1: Democratic governor's association that they will you know, be easier 267 00:15:04,240 --> 00:15:07,360 Speaker 1: to beat. But of course that has worked out in 268 00:15:07,440 --> 00:15:10,480 Speaker 1: some cases. People talk a lot about Claire McCaskill's run 269 00:15:10,480 --> 00:15:12,600 Speaker 1: as being an example when that has worked out. But 270 00:15:12,720 --> 00:15:15,280 Speaker 1: the fear here is it may not always work out. 271 00:15:15,320 --> 00:15:19,600 Speaker 1: And I think Mastriano in Pennsylvania is a really good example. 272 00:15:19,680 --> 00:15:21,960 Speaker 1: We don't know yet that's going to be a tough race, 273 00:15:22,280 --> 00:15:24,800 Speaker 1: but in this environment, they are playing with fire. But 274 00:15:25,200 --> 00:15:29,080 Speaker 1: the real concern here is that you've got Democrats on 275 00:15:29,080 --> 00:15:32,680 Speaker 1: the January six Committee who have you know, put essentially 276 00:15:32,680 --> 00:15:35,440 Speaker 1: their careers on the line in some cases who are 277 00:15:35,520 --> 00:15:38,600 Speaker 1: making the case about the danger this these people pose 278 00:15:38,720 --> 00:15:43,000 Speaker 1: to democracy itself. And I think that those two things 279 00:15:43,120 --> 00:15:47,120 Speaker 1: make this really problematic and hypocritical. And you know, we 280 00:15:47,120 --> 00:15:49,160 Speaker 1: saw people like David Brooks and the New York Times 281 00:15:49,160 --> 00:15:51,920 Speaker 1: call out the Democrats on that, and I don't think 282 00:15:51,960 --> 00:15:54,040 Speaker 1: voters are going to pay much attention, but I do 283 00:15:54,200 --> 00:15:56,680 Speaker 1: think it is a dangerous game to be playing. But again, 284 00:15:56,720 --> 00:15:58,880 Speaker 1: you do whatever you can with the resources you have 285 00:15:59,000 --> 00:16:01,320 Speaker 1: to win a race here, right Rick. I mean at 286 00:16:01,400 --> 00:16:04,760 Speaker 1: some point it's welcome to the NFL, isn't it. Yeah. 287 00:16:04,800 --> 00:16:07,520 Speaker 1: I mean each strategy has a risk associated with it, 288 00:16:07,600 --> 00:16:09,880 Speaker 1: and in the risk in this case is that you 289 00:16:09,960 --> 00:16:12,640 Speaker 1: help one of these French candidates get denomination and they win, 290 00:16:12,760 --> 00:16:16,760 Speaker 1: and so you just gravitate toward whatever the less risky approaches. 291 00:16:16,880 --> 00:16:19,560 Speaker 1: I honestly, I think they could have saved a million 292 00:16:19,600 --> 00:16:21,920 Speaker 1: bucks because they were likely to win a governor's race 293 00:16:22,040 --> 00:16:25,760 Speaker 1: in um, you know, in Maryland anyway, and so I 294 00:16:25,880 --> 00:16:28,760 Speaker 1: use a million dollars to try and influence a primary 295 00:16:28,800 --> 00:16:30,840 Speaker 1: that's probably not going to matter at the end. So 296 00:16:31,440 --> 00:16:34,720 Speaker 1: I I really wonder what their strategy is because I 297 00:16:34,720 --> 00:16:36,880 Speaker 1: think they're just playing along the edge and they're creating 298 00:16:36,880 --> 00:16:39,680 Speaker 1: this conflict within their own party on values and and 299 00:16:39,800 --> 00:16:43,000 Speaker 1: Genie's right. I mean, they've they've invested so heavily in 300 00:16:43,040 --> 00:16:46,320 Speaker 1: these January six areas where the point is that the 301 00:16:46,440 --> 00:16:50,200 Speaker 1: kind of rhetoric that Donald Trump is using is hurtful 302 00:16:50,240 --> 00:16:52,480 Speaker 1: to the democracy, and yet they're putting money behind it. 303 00:16:52,720 --> 00:16:55,200 Speaker 1: So I think that's a bit of a conflict they're 304 00:16:55,200 --> 00:16:58,000 Speaker 1: gonna have trouble resolving. Will be a heck of a 305 00:16:58,040 --> 00:17:00,160 Speaker 1: story if one of the wins. To your point, but 306 00:17:00,240 --> 00:17:03,760 Speaker 1: you put, boy, you know, when you listen to Uh 307 00:17:03,920 --> 00:17:06,440 Speaker 1: Jessica talk about this Genie for Cook to put this, 308 00:17:06,440 --> 00:17:08,959 Speaker 1: this is why people hate Washington. Right, First of all, 309 00:17:09,040 --> 00:17:11,120 Speaker 1: you've got one party trying to bankroll the other one 310 00:17:11,240 --> 00:17:14,040 Speaker 1: to try to gain the system. Then the Cook Political 311 00:17:14,080 --> 00:17:18,200 Speaker 1: report puts this in the strongly democratic column without knowing 312 00:17:18,240 --> 00:17:23,040 Speaker 1: who the Democratic nominee will be. Has this become that predetermined, 313 00:17:23,480 --> 00:17:25,600 Speaker 1: you know, in the case of Maryland, to Rick's point, 314 00:17:25,680 --> 00:17:28,480 Speaker 1: it has it has its own model like that. I mean, 315 00:17:28,520 --> 00:17:31,800 Speaker 1: this is this is why people don't trust us, and 316 00:17:31,920 --> 00:17:34,719 Speaker 1: quite frankly, this is why people decide not to go 317 00:17:34,800 --> 00:17:37,360 Speaker 1: to the polls. And and that to me is really troubling. 318 00:17:37,400 --> 00:17:39,119 Speaker 1: You know, I live in New York, and that is 319 00:17:39,240 --> 00:17:43,480 Speaker 1: essentially in many areas, a one party or one district state. 320 00:17:43,520 --> 00:17:47,040 Speaker 1: You know, you win the primary and Alexandrocazio Cortes is district, 321 00:17:47,400 --> 00:17:50,520 Speaker 1: that is it. There's no battle new York City, very 322 00:17:50,640 --> 00:17:53,320 Speaker 1: very you know, there have been battles, but it's a 323 00:17:53,320 --> 00:17:55,760 Speaker 1: few and far between. So that, to me is is 324 00:17:55,800 --> 00:17:59,320 Speaker 1: a problem from a Democratic perspective, because we want to 325 00:17:59,600 --> 00:18:02,280 Speaker 1: health parties to be contesting people to get out and 326 00:18:02,280 --> 00:18:05,240 Speaker 1: to make their choice, and that's not what is happening 327 00:18:05,240 --> 00:18:07,520 Speaker 1: in many of these states. And you know, I think 328 00:18:07,520 --> 00:18:11,360 Speaker 1: Cook is is actually right. Whoever wins the Democratic primary, 329 00:18:11,359 --> 00:18:14,240 Speaker 1: if it's Westmore, whoever it is, they are going to 330 00:18:14,600 --> 00:18:17,479 Speaker 1: likely win the governorship, which, to Rick's point, makes this 331 00:18:17,800 --> 00:18:21,239 Speaker 1: millions of dollars spent trying to boost cox Um, you know, 332 00:18:21,280 --> 00:18:24,360 Speaker 1: a little bit questionable. But you know, maybe Democrats feel 333 00:18:24,400 --> 00:18:27,040 Speaker 1: they have more at risk than Cook does. So does 334 00:18:27,040 --> 00:18:29,040 Speaker 1: this then mean Rick, the end of the of the 335 00:18:29,080 --> 00:18:32,120 Speaker 1: moderate to the extent that Jessica was discussing. You think 336 00:18:32,119 --> 00:18:34,240 Speaker 1: of the moderate Republican governor in a blue state, the 337 00:18:34,320 --> 00:18:37,760 Speaker 1: Larry Hogan, the Charlie Baker, the Mitt romneyar Bill, Well, 338 00:18:37,880 --> 00:18:41,240 Speaker 1: we don't do those anymore then no. I must say, though, 339 00:18:41,280 --> 00:18:43,080 Speaker 1: I have to take a shot at the Cook Report 340 00:18:43,080 --> 00:18:46,960 Speaker 1: because Charlie Cook said that John McCain's campaign was dead 341 00:18:46,960 --> 00:18:49,480 Speaker 1: and buried when they failed in the summer, right before 342 00:18:49,480 --> 00:18:53,240 Speaker 1: we came back and won the nomination. I must say 343 00:18:53,280 --> 00:18:55,280 Speaker 1: that that was one of my higher points on seeing 344 00:18:55,359 --> 00:18:58,720 Speaker 1: Charlie after we won the nomination. Very good. This is 345 00:18:58,760 --> 00:19:02,320 Speaker 1: why we have Rick Davis and Jennie Chanzano our signature panel. 346 00:19:02,320 --> 00:19:04,359 Speaker 1: They're with us for the hour. As we turned to 347 00:19:04,400 --> 00:19:06,840 Speaker 1: what the President was up to today on a plane 348 00:19:06,880 --> 00:19:09,360 Speaker 1: in New England to talk about the climate. Alice Hill 349 00:19:09,359 --> 00:19:11,920 Speaker 1: will join us from the Council on Foreign Relations. This 350 00:19:12,200 --> 00:19:17,800 Speaker 1: is Bloomberg, the old Braton Point Power Station and Somerset 351 00:19:17,880 --> 00:19:20,800 Speaker 1: mass was the setting today as President Biden left the 352 00:19:20,840 --> 00:19:24,840 Speaker 1: bubble to talk about his climate agenda. I come here 353 00:19:24,840 --> 00:19:28,359 Speaker 1: today with a message. As president, I have a responsibility 354 00:19:28,400 --> 00:19:32,200 Speaker 1: to act with urgency and resolve when our nation faces 355 00:19:32,359 --> 00:19:36,800 Speaker 1: clear and present danger. And that's what climate change is about. 356 00:19:37,440 --> 00:19:40,959 Speaker 1: It is literally, not figuratively, a clear and president danger. 357 00:19:41,720 --> 00:19:44,199 Speaker 1: The health of our citizens and our communities is literally 358 00:19:44,240 --> 00:19:49,000 Speaker 1: at stake. The uns leading international climate scientists call the 359 00:19:49,080 --> 00:19:53,320 Speaker 1: latest climate report nothing less than quote code read for 360 00:19:53,400 --> 00:19:56,280 Speaker 1: humanity code read. But as I read on the terminal 361 00:19:56,280 --> 00:19:59,720 Speaker 1: with an eye toward retaining Joe Mansions support for some measures, 362 00:19:59,720 --> 00:20:04,320 Speaker 1: remember her build back better light. President Biden held back 363 00:20:04,400 --> 00:20:08,480 Speaker 1: on declaring a formal climate emergency, which just a couple 364 00:20:08,480 --> 00:20:10,320 Speaker 1: of days ago was the big headline. That's what he 365 00:20:10,320 --> 00:20:12,120 Speaker 1: was going to do today, even though no one knew 366 00:20:12,119 --> 00:20:16,160 Speaker 1: exactly what that meant. White House Press Secretary Karine Jean 367 00:20:16,200 --> 00:20:18,560 Speaker 1: Pierre was certainly asked about it. What the President wants 368 00:20:18,560 --> 00:20:20,720 Speaker 1: to continue to do is make sure that we're lowing 369 00:20:21,320 --> 00:20:24,600 Speaker 1: energy costs for the American family. Again, everything is on 370 00:20:24,640 --> 00:20:27,800 Speaker 1: the table. I'm not going to go into private discussions 371 00:20:27,840 --> 00:20:31,119 Speaker 1: at policy discussions or get ahead of the president. That 372 00:20:31,200 --> 00:20:33,480 Speaker 1: was Karine Jean Pierre in the briefing room at the 373 00:20:33,480 --> 00:20:36,320 Speaker 1: White House yesterday. Reporters kept coming back around, but wait 374 00:20:36,320 --> 00:20:38,800 Speaker 1: a minute, so no climate. She brought it up, by 375 00:20:38,840 --> 00:20:42,159 Speaker 1: the way, that there would be no climate emergency, and 376 00:20:42,240 --> 00:20:44,760 Speaker 1: so reporters kept asking, well why, and by the way, 377 00:20:44,760 --> 00:20:47,159 Speaker 1: what would that be. Declaring at public health emergency is 378 00:20:47,280 --> 00:20:51,000 Speaker 1: very different from declaring a climate emergency. Each unlocks a 379 00:20:51,080 --> 00:20:55,320 Speaker 1: different set of authorities and a different pot of funding. Uh. 380 00:20:55,400 --> 00:20:58,320 Speaker 1: And so that's one way to to think about that. UM. 381 00:20:58,359 --> 00:21:00,399 Speaker 1: So you know, one of the reasons I wanted to 382 00:21:00,400 --> 00:21:03,000 Speaker 1: bring this up because we've heard this, and so comparing 383 00:21:03,080 --> 00:21:05,840 Speaker 1: one against the other as a reflection of priority would 384 00:21:05,880 --> 00:21:09,040 Speaker 1: not be would not be accurate. But again, it's on 385 00:21:09,080 --> 00:21:11,439 Speaker 1: the table, on the table we heard about what was 386 00:21:11,480 --> 00:21:17,080 Speaker 1: on the table repeatedly declaring the climate natural emergency. UM. 387 00:21:17,200 --> 00:21:20,240 Speaker 1: Right now, Like I said, UM, it's not on the 388 00:21:20,280 --> 00:21:23,639 Speaker 1: table for this week, not on the table just this week. 389 00:21:25,320 --> 00:21:28,680 Speaker 1: The President under pressure to meet campaign promises of aggressive action. Look, 390 00:21:28,680 --> 00:21:30,760 Speaker 1: this agenda has been kind of beaten up lately with 391 00:21:30,800 --> 00:21:33,840 Speaker 1: the call for oil companies to start producing more to 392 00:21:33,880 --> 00:21:36,280 Speaker 1: try to get gas prices down. We're in a different 393 00:21:36,320 --> 00:21:41,160 Speaker 1: world than this campaign thought it would be before Joe 394 00:21:41,160 --> 00:21:44,399 Speaker 1: Biden came into the White House. That's what happens. But 395 00:21:44,480 --> 00:21:47,480 Speaker 1: we do wonder where this agenda could go, and that's 396 00:21:47,520 --> 00:21:49,840 Speaker 1: why we wanted to talk with Alice Hill, Senior Fellow 397 00:21:49,840 --> 00:21:53,080 Speaker 1: for Energy in the Environment of the Council on Foreign Relations. 398 00:21:53,600 --> 00:21:57,760 Speaker 1: Alice welcome. We're reminded almost daily basis here that the 399 00:21:57,800 --> 00:22:01,560 Speaker 1: midterm elections are just a couple of months off and 400 00:22:02,080 --> 00:22:04,439 Speaker 1: the President's climate agenda could be on the rocks at 401 00:22:04,520 --> 00:22:07,120 Speaker 1: that point. What can he get done then with Joe 402 00:22:07,200 --> 00:22:11,560 Speaker 1: Mansion between now and then, well, Joan VanIn has been 403 00:22:11,600 --> 00:22:15,480 Speaker 1: sending mixed signals, but the latest signal appears to be 404 00:22:15,600 --> 00:22:18,160 Speaker 1: that there might be room for climate in the build 405 00:22:18,200 --> 00:22:21,720 Speaker 1: back that are reconciliation package. You know, that appears to 406 00:22:21,720 --> 00:22:25,199 Speaker 1: be a great interest because, uh, there has been a 407 00:22:25,240 --> 00:22:27,920 Speaker 1: little bit of rollback, as you said, from the Biden 408 00:22:27,960 --> 00:22:33,159 Speaker 1: administration on this effort to declare a national emergency. We 409 00:22:33,200 --> 00:22:37,879 Speaker 1: can expect more regulation from the administration, but of course 410 00:22:38,040 --> 00:22:42,680 Speaker 1: the Supreme Court has indicated that with regard to climate 411 00:22:42,880 --> 00:22:47,760 Speaker 1: and the Environmental Protection Agency, UH, their risk of having 412 00:22:47,800 --> 00:22:51,720 Speaker 1: the major questions doctor and imposed, which pretty much says 413 00:22:51,920 --> 00:22:56,800 Speaker 1: climate is something that the legislature, the US Congress should 414 00:22:56,840 --> 00:23:00,919 Speaker 1: be directing the agencies to work. Was important. You have 415 00:23:00,920 --> 00:23:03,080 Speaker 1: a sense though, of what the what would a climate 416 00:23:03,160 --> 00:23:07,119 Speaker 1: emergency do? It would unlock funding, but what would we 417 00:23:07,160 --> 00:23:11,159 Speaker 1: do with it? But unlock funding, it would allow for 418 00:23:11,720 --> 00:23:18,400 Speaker 1: greater use of resources, switching resources among federal agencies, as 419 00:23:18,400 --> 00:23:23,919 Speaker 1: well as allow for greater urgency within the departments to 420 00:23:24,119 --> 00:23:28,320 Speaker 1: act It probably would be coupled with the Defense Production 421 00:23:28,400 --> 00:23:33,159 Speaker 1: Act as well as increased regulation efforts as well. This 422 00:23:33,320 --> 00:23:38,600 Speaker 1: National emergency has been around for fifty years every president. Uh, 423 00:23:38,680 --> 00:23:41,960 Speaker 1: many presidents have used it. Uh they're forty one the 424 00:23:42,880 --> 00:23:48,920 Speaker 1: declarations out there, and Trump used it effectively with the border. 425 00:23:49,880 --> 00:23:52,600 Speaker 1: So there's some thoughts that the president would have used 426 00:23:52,640 --> 00:23:56,040 Speaker 1: it here a climate emergency. What what we did get, 427 00:23:56,080 --> 00:23:59,240 Speaker 1: by the way, was a move to expand wind power 428 00:23:59,320 --> 00:24:03,480 Speaker 1: generation and the available availability easy for me to say 429 00:24:03,480 --> 00:24:06,919 Speaker 1: of efficient home cooling systems that this plant Brighton I 430 00:24:06,920 --> 00:24:10,200 Speaker 1: don't know if you're familiar with it, uh, Brighton Point. 431 00:24:10,840 --> 00:24:12,720 Speaker 1: It looks like something out of the Simpsons. You get 432 00:24:12,720 --> 00:24:15,640 Speaker 1: the big smokestacks, you know, on the horizon there right 433 00:24:15,640 --> 00:24:19,840 Speaker 1: next to the water. It was a coal uh fired 434 00:24:19,840 --> 00:24:22,879 Speaker 1: power plant open in the nineteen sixties. And they're gonna 435 00:24:22,880 --> 00:24:25,920 Speaker 1: turn this into an operation that's going to make these 436 00:24:25,960 --> 00:24:30,840 Speaker 1: massive cables for wind generation. Uh Am, I being too 437 00:24:30,960 --> 00:24:35,280 Speaker 1: much of a wise guy here was this actually progress today? Alice? 438 00:24:35,720 --> 00:24:41,120 Speaker 1: How meaningful was the announcement? His announcements, I thought, we're 439 00:24:41,200 --> 00:24:45,880 Speaker 1: not particularly we're boss, other than perhaps the offshore wind 440 00:24:45,920 --> 00:24:49,480 Speaker 1: release opportunity in the Gulf of Mexico and Florida, Georgia, 441 00:24:49,960 --> 00:24:53,640 Speaker 1: South Carolina, and North Carolina. Uh. He did say that 442 00:24:53,800 --> 00:24:56,800 Speaker 1: SEAMA could distribute two billion dollars, which is a lot 443 00:24:56,880 --> 00:25:00,719 Speaker 1: of money to build cooling centers. But that's really seems 444 00:25:00,760 --> 00:25:03,359 Speaker 1: more in response to what we're experiencing right now, that 445 00:25:04,160 --> 00:25:08,560 Speaker 1: the states of hundred million people under heat warnings UM 446 00:25:08,600 --> 00:25:13,199 Speaker 1: and then also some three eight million for hard to 447 00:25:13,320 --> 00:25:16,880 Speaker 1: do some air conditioning work. That seems much more responsive 448 00:25:16,920 --> 00:25:19,840 Speaker 1: to what's happening right now than the long term agenda. 449 00:25:20,320 --> 00:25:22,680 Speaker 1: Not not likely to get gas prices lower either, I 450 00:25:22,760 --> 00:25:28,880 Speaker 1: presume I don't think so. Yeah. The biden To news 451 00:25:28,880 --> 00:25:33,479 Speaker 1: station has been hit with a number of political subtacts. Uh, 452 00:25:33,720 --> 00:25:37,280 Speaker 1: and they're running out time. Alice, I'm glad you could 453 00:25:37,359 --> 00:25:39,199 Speaker 1: join us come back again when we when we know 454 00:25:39,280 --> 00:25:42,520 Speaker 1: more about this emergency, because they say it's still possibly coming. 455 00:25:42,560 --> 00:25:45,879 Speaker 1: Alice Hill, Senior Fellow for Emergency and Environment Council on 456 00:25:45,920 --> 00:25:49,320 Speaker 1: Foreign Relations, helping us put things in perspective. God, I 457 00:25:49,320 --> 00:25:52,439 Speaker 1: could have used a cooling center today in the Russell 458 00:25:52,560 --> 00:25:55,280 Speaker 1: Senate office building. It's hot and d C. If you 459 00:25:55,320 --> 00:25:57,639 Speaker 1: haven't heard Sometimes the A C you don't even know 460 00:25:57,680 --> 00:26:00,600 Speaker 1: if it's on but I digress. Well, you assemble the 461 00:26:00,640 --> 00:26:04,160 Speaker 1: panel next, Rick and Genie cooling their heels, and we'll 462 00:26:04,200 --> 00:26:06,240 Speaker 1: weigh in on what we just talked about, as well 463 00:26:06,280 --> 00:26:10,000 Speaker 1: as news that the President will meet with President she 464 00:26:10,320 --> 00:26:14,680 Speaker 1: in the next ten days, news breaking as we speak 465 00:26:14,680 --> 00:26:17,520 Speaker 1: on the fastest hour in politics. Stay right here. I'm 466 00:26:17,600 --> 00:26:23,840 Speaker 1: Joe Matthew. This is Bloomberg. I know a lot about when. 467 00:26:26,320 --> 00:26:29,399 Speaker 1: I know a lot about wind. If it doesn't blow, 468 00:26:30,160 --> 00:26:39,199 Speaker 1: you can forget about television for that night, Darling, I 469 00:26:39,280 --> 00:26:42,359 Speaker 1: want to watch television. I'm sorry, the wind isn't blowing. 470 00:26:44,480 --> 00:26:47,000 Speaker 1: And they say the noise courses cancer. You tell me 471 00:26:47,040 --> 00:26:50,280 Speaker 1: that one, Okay, you know the thing makes it so 472 00:26:51,440 --> 00:26:55,119 Speaker 1: if you have a windmill anywhere near your house, congratulations, 473 00:26:55,160 --> 00:26:58,720 Speaker 1: your house just went down value. You know, we have 474 00:26:58,760 --> 00:27:03,320 Speaker 1: a world, right, so the world is tainting compared to 475 00:27:03,400 --> 00:27:09,520 Speaker 1: the universe. Tremendous. If you're into this, tremendous films are 476 00:27:09,840 --> 00:27:12,399 Speaker 1: spewing into the atmosphere. And then all of a sudden 477 00:27:12,400 --> 00:27:16,000 Speaker 1: it stops the wind and the television's go off, and 478 00:27:16,119 --> 00:27:19,480 Speaker 1: your wives and husband said, Garling, I want to watch 479 00:27:19,520 --> 00:27:23,920 Speaker 1: Donald Trump on television tonight. But the wind stopped blowing, 480 00:27:24,000 --> 00:27:27,240 Speaker 1: and I can't watch. There's no electricity in the house. Darling. 481 00:27:28,280 --> 00:27:30,520 Speaker 1: You forget what a routine he had. I mean, this 482 00:27:30,600 --> 00:27:32,919 Speaker 1: is like every time he spoke, he got the wrap 483 00:27:32,920 --> 00:27:35,160 Speaker 1: on windmills, and I just thought, my goodness, if we're 484 00:27:35,160 --> 00:27:41,480 Speaker 1: talking about Joe Biden laying down new initiatives to prompt 485 00:27:43,480 --> 00:27:45,679 Speaker 1: more wind energy in this country, he was up in 486 00:27:45,680 --> 00:27:47,920 Speaker 1: New England. If you're just joining us there talking about 487 00:27:48,720 --> 00:27:51,639 Speaker 1: this old coal fired power plant that they're going to 488 00:27:51,760 --> 00:27:55,280 Speaker 1: turn into an operation that will make cables for wind farms. 489 00:27:55,880 --> 00:27:59,080 Speaker 1: Jennie Schanzano, of course, was listening along with me here 490 00:27:59,119 --> 00:28:02,200 Speaker 1: in Washington. D see. She's part of our signature panel. 491 00:28:02,480 --> 00:28:05,920 Speaker 1: Rick Davis is in New York Bloomberg Politics Contributors. Uh. 492 00:28:05,960 --> 00:28:08,320 Speaker 1: He even had you going as the Democrat, Genie. I mean, 493 00:28:08,359 --> 00:28:10,560 Speaker 1: this is the I don't know what it was about 494 00:28:10,560 --> 00:28:12,639 Speaker 1: that routine, but it always got the room going. You 495 00:28:12,720 --> 00:28:15,440 Speaker 1: forgot you had a stand up comedian for president in Yeah, 496 00:28:15,480 --> 00:28:18,480 Speaker 1: you've brought back a lot of memories. He's been talking 497 00:28:18,520 --> 00:28:22,920 Speaker 1: about windmills that cause cancer. He's been talking about them 498 00:28:23,000 --> 00:28:26,680 Speaker 1: killing birds. They're a stand in for green energy initiatives. 499 00:28:26,680 --> 00:28:28,720 Speaker 1: They break. You have to replace him every ten years, 500 00:28:28,720 --> 00:28:31,240 Speaker 1: he goes on in so thank you for the property. 501 00:28:32,119 --> 00:28:35,320 Speaker 1: The thing is here though, Look, this is a sticky 502 00:28:35,320 --> 00:28:40,200 Speaker 1: subject for Joe Biden Rick Davis. Gas prices are not 503 00:28:40,240 --> 00:28:43,520 Speaker 1: going to come down because of what he announced today. Um, 504 00:28:43,560 --> 00:28:45,720 Speaker 1: he does say that this will create jobs, but we're 505 00:28:45,760 --> 00:28:48,760 Speaker 1: talking about a long term transition. Should he be holding 506 00:28:48,760 --> 00:28:52,600 Speaker 1: events at this point in the game about wind energy? Yeah, 507 00:28:52,640 --> 00:28:54,800 Speaker 1: I think there was just some expectation that he was 508 00:28:54,800 --> 00:28:57,040 Speaker 1: going to say something on climate this week. There's a 509 00:28:57,040 --> 00:28:59,400 Speaker 1: lot of pressure in his party to do something, and 510 00:28:59,400 --> 00:29:01,480 Speaker 1: as you talk about earlier in the show, tons of 511 00:29:01,520 --> 00:29:04,440 Speaker 1: pressure to declare an emergency. And I think they just 512 00:29:04,480 --> 00:29:06,400 Speaker 1: sort of looked into the tool kit and said, what 513 00:29:06,440 --> 00:29:08,760 Speaker 1: do we got that we could throw out here today? 514 00:29:08,800 --> 00:29:12,120 Speaker 1: And this was really a weak attempt at trying to 515 00:29:12,160 --> 00:29:14,880 Speaker 1: feed the beast. Uh. I think he did more a 516 00:29:14,920 --> 00:29:18,120 Speaker 1: year ago by having wind uh put up outside of 517 00:29:18,120 --> 00:29:22,600 Speaker 1: Martha's vineyard than than he's doing today announcing this this 518 00:29:22,760 --> 00:29:25,520 Speaker 1: future plan for the golf So, I don't know. I 519 00:29:25,520 --> 00:29:27,920 Speaker 1: I didn't see it as like going to satisfy anybody 520 00:29:27,920 --> 00:29:30,600 Speaker 1: who was concerned about the fact that they're they've lost 521 00:29:30,600 --> 00:29:33,720 Speaker 1: the initiative on climate. Well, I'll tell you he's he'll 522 00:29:33,800 --> 00:29:36,520 Speaker 1: have to do the climate emergency Genie right, He's essentially 523 00:29:37,000 --> 00:29:39,600 Speaker 1: telegraphed that two progressives who want to see this happen. 524 00:29:39,640 --> 00:29:42,400 Speaker 1: Do you expect an announcement next week on that? You know, 525 00:29:42,560 --> 00:29:45,479 Speaker 1: he is under so much pressure. We heard from Murky, 526 00:29:45,680 --> 00:29:49,280 Speaker 1: we heard from several representatives and senators they want and 527 00:29:49,360 --> 00:29:51,560 Speaker 1: not to mention the base who want him to go 528 00:29:51,680 --> 00:29:55,280 Speaker 1: bold on this, you know, calling this climate emergency. And 529 00:29:55,320 --> 00:29:57,680 Speaker 1: there are there are positives for him of doing it, 530 00:29:57,880 --> 00:30:01,400 Speaker 1: but there's also real political challenges there. You know, what 531 00:30:01,520 --> 00:30:04,760 Speaker 1: happens if he does this and he raises oil prices 532 00:30:04,800 --> 00:30:06,880 Speaker 1: in the US as they merch into a mid term 533 00:30:07,120 --> 00:30:10,960 Speaker 1: and our European allies fighting with Russia, you know, supporting 534 00:30:11,040 --> 00:30:13,920 Speaker 1: Ukraine in this fight with Russia, have their prices go 535 00:30:14,040 --> 00:30:16,520 Speaker 1: up as well. That's just one of the many political problems. 536 00:30:16,600 --> 00:30:19,719 Speaker 1: What about is you know, if the Supreme Court, you know, 537 00:30:19,920 --> 00:30:22,320 Speaker 1: takes away his ability to do this under this major 538 00:30:22,400 --> 00:30:25,440 Speaker 1: questions doctor and there's a whole host of challenges. He 539 00:30:25,480 --> 00:30:27,400 Speaker 1: knows that the White House knows that. That's why I 540 00:30:27,440 --> 00:30:30,240 Speaker 1: think they've been a little bit slow on this. He 541 00:30:30,280 --> 00:30:32,480 Speaker 1: may get pushed into doing this. I think it is 542 00:30:32,560 --> 00:30:35,640 Speaker 1: bad politics. I don't think he should do it. Well, 543 00:30:35,680 --> 00:30:37,360 Speaker 1: I'll tell you it sounds like it's coming though, Rick, 544 00:30:37,760 --> 00:30:40,000 Speaker 1: So who do you satisfy on this one? And and 545 00:30:40,040 --> 00:30:44,320 Speaker 1: do progressives deserve something from this White House before things 546 00:30:44,320 --> 00:30:48,120 Speaker 1: shut down after the mid terms? Yeah, I think that certainly. 547 00:30:48,120 --> 00:30:50,440 Speaker 1: With the pen you know, the number of things that 548 00:30:50,440 --> 00:30:53,040 Speaker 1: are brewing in Capitol Hill right now, I think it 549 00:30:53,200 --> 00:30:56,160 Speaker 1: probably pays this administration to sort of keep focus on 550 00:30:56,200 --> 00:30:59,640 Speaker 1: the legislative agenda, and these executive actions aren't really good 551 00:30:59,680 --> 00:31:02,680 Speaker 1: amount too much. You know, Look, climate is a relatively 552 00:31:02,720 --> 00:31:05,640 Speaker 1: safe place for this administration, right they can talk about 553 00:31:05,640 --> 00:31:08,400 Speaker 1: it without cross pressuring their base, the moderates. You know, 554 00:31:08,680 --> 00:31:11,960 Speaker 1: I think it's important too, along with the progressives, and 555 00:31:11,960 --> 00:31:14,720 Speaker 1: and it's not going to strange any independent voters. If anything, 556 00:31:14,720 --> 00:31:17,160 Speaker 1: it's probably helpful. So from a political point of view, 557 00:31:17,200 --> 00:31:18,680 Speaker 1: you can talk about this stuff all day long. It 558 00:31:18,760 --> 00:31:21,640 Speaker 1: just doesn't look very competent. You know, when he talks 559 00:31:21,680 --> 00:31:24,240 Speaker 1: about doing big things, and he likes to talk about 560 00:31:24,280 --> 00:31:27,360 Speaker 1: doing big things, and then when he announces it, it's 561 00:31:27,400 --> 00:31:29,520 Speaker 1: not at all a big thing. One thing he did 562 00:31:29,600 --> 00:31:32,560 Speaker 1: announce apparently inadvertently today. I don't even want to say 563 00:31:32,600 --> 00:31:35,800 Speaker 1: that there are questions about whether he meant to say 564 00:31:35,840 --> 00:31:40,080 Speaker 1: this in the speech, Uh, that he that he has cancer. 565 00:31:40,200 --> 00:31:43,520 Speaker 1: If you do a Google news search on this, you'll 566 00:31:43,520 --> 00:31:45,680 Speaker 1: see what I'm seeing. Everyone has picked up this story 567 00:31:45,800 --> 00:31:48,640 Speaker 1: at this point. Let's listen to what President Biden actually said. 568 00:31:48,800 --> 00:31:51,840 Speaker 1: My mother drove us and rather than us be able 569 00:31:51,840 --> 00:31:56,080 Speaker 1: to walk and guess what the first frost, you know 570 00:31:56,160 --> 00:31:58,960 Speaker 1: what was happening. You've had to put on your Winshure 571 00:31:59,000 --> 00:32:01,760 Speaker 1: wipers to get literally the ORL slick off the window. 572 00:32:02,760 --> 00:32:04,600 Speaker 1: That's why I had so damn any other people I 573 00:32:04,600 --> 00:32:08,080 Speaker 1: grew up have cancer and why can't. For the longest time, 574 00:32:08,560 --> 00:32:11,040 Speaker 1: Delaware had the highest cancer rate in the nation. The 575 00:32:11,160 --> 00:32:14,760 Speaker 1: r n C Republican National Committee just tweeted that clip. 576 00:32:14,800 --> 00:32:18,640 Speaker 1: It says, did Joe Biden just announced he has cancer? Uh? 577 00:32:18,680 --> 00:32:20,880 Speaker 1: Did that just sound like a slip? Genie? What's going 578 00:32:20,960 --> 00:32:23,800 Speaker 1: on here? I think it was a Biden slip. He 579 00:32:23,880 --> 00:32:27,360 Speaker 1: said I grew up with have cancer, and you know, 580 00:32:27,680 --> 00:32:31,280 Speaker 1: I think he misspoke. It's an unfortunate statement for him 581 00:32:31,280 --> 00:32:34,440 Speaker 1: to make. They're gonna have to very quickly and very 582 00:32:34,520 --> 00:32:38,200 Speaker 1: clearly clarify what he was trying to say. Because, of course, 583 00:32:38,240 --> 00:32:41,680 Speaker 1: the issue of Joe Biden's health, Joe Biden's age and 584 00:32:41,760 --> 00:32:44,440 Speaker 1: the stumbles he has made and keeps making in his 585 00:32:44,520 --> 00:32:49,680 Speaker 1: speaking engagements have people, namely Democrats, really concerned about his 586 00:32:49,720 --> 00:32:53,280 Speaker 1: ability to move forward into four. So this was an 587 00:32:53,320 --> 00:32:56,560 Speaker 1: unfortunate error. Um, I'm assuming just a miss you know, 588 00:32:56,640 --> 00:32:58,960 Speaker 1: he misspoke, but they've got to correct this. He did 589 00:32:58,960 --> 00:33:02,160 Speaker 1: have melanoma, Rick, is this something the White House needs 590 00:33:02,160 --> 00:33:04,400 Speaker 1: to talk about. They're gonna have to clarify it. But 591 00:33:04,480 --> 00:33:06,600 Speaker 1: as you say, Joe, I mean he had melanoma. I 592 00:33:06,640 --> 00:33:09,000 Speaker 1: mean he's it's not a it's not a secret that 593 00:33:09,080 --> 00:33:12,320 Speaker 1: Joe Biden had cancer. Um, he had a brain tumor 594 00:33:12,360 --> 00:33:16,400 Speaker 1: taken out. He's had melanoma, so he was in there. 595 00:33:16,440 --> 00:33:18,800 Speaker 1: Apparently he was. But if you know, my goodness, the 596 00:33:18,920 --> 00:33:22,360 Speaker 1: RNC doesn't miss a beat. But to your point, Genie, 597 00:33:22,400 --> 00:33:25,160 Speaker 1: this is something that keeps coming up. Came up in 598 00:33:25,240 --> 00:33:29,680 Speaker 1: a in a hearing. Uh just yesterday, How's Transportation Committee 599 00:33:30,000 --> 00:33:32,840 Speaker 1: Representative Troy Nell's, Republican from Texas, not a fan of 600 00:33:32,920 --> 00:33:37,160 Speaker 1: Joe Biden. Uh is talking with Transportation Secretary Pete Buddha Jag. 601 00:33:37,280 --> 00:33:40,320 Speaker 1: They talked for a long time by the way about 602 00:33:40,600 --> 00:33:43,800 Speaker 1: about enacting the infrastructural law. They were talking about roads 603 00:33:43,840 --> 00:33:46,680 Speaker 1: and bridges and stuff, and and then this happened. He 604 00:33:46,720 --> 00:33:51,720 Speaker 1: shakes hands with ghosts and imaginary people. He falls off bicycles. 605 00:33:52,520 --> 00:33:55,600 Speaker 1: Even at the White House Easter celebration, the Easter Bunny 606 00:33:55,760 --> 00:33:59,360 Speaker 1: had to guide him back into his safe place que 607 00:33:59,400 --> 00:34:02,360 Speaker 1: cards that say sit here or end of speech, which 608 00:34:02,360 --> 00:34:06,719 Speaker 1: he actually states, that is if he stays awake. So 609 00:34:06,800 --> 00:34:09,839 Speaker 1: my question for you is, sir, have you spoken with 610 00:34:09,880 --> 00:34:13,440 Speaker 1: any other cabinet members about implementing the twenty five Amendment? 611 00:34:13,600 --> 00:34:16,560 Speaker 1: On President Biden? First of all, I'm glad to have 612 00:34:16,600 --> 00:34:20,960 Speaker 1: a president who can ride a bicycle. And I will 613 00:34:21,000 --> 00:34:25,160 Speaker 1: look beyond the insulting nature of that question and make 614 00:34:25,239 --> 00:34:27,600 Speaker 1: clear to you that the President of you spoken to 615 00:34:27,719 --> 00:34:31,440 Speaker 1: and course habinant members about implementing the amendment. President Biden, 616 00:34:33,680 --> 00:34:37,960 Speaker 1: have you emailed have you emailed any members with the 617 00:34:38,040 --> 00:34:42,239 Speaker 1: excutive Branch about the president's health? Of presidents the United States? 618 00:34:42,239 --> 00:34:47,400 Speaker 1: Fluting text message boss as I have figured of working with? 619 00:34:47,440 --> 00:34:50,879 Speaker 1: What about a political appointees that ud have you spoken about? 620 00:34:50,880 --> 00:34:55,000 Speaker 1: Gentleman's time has expired? That's how that ended. What are 621 00:34:55,000 --> 00:34:57,520 Speaker 1: we doing here? Genie is that are we working on 622 00:34:57,560 --> 00:34:59,920 Speaker 1: a TV commercials at a political ad of the make 623 00:35:00,160 --> 00:35:03,799 Speaker 1: or a legitimate question? You know, in that context it's 624 00:35:03,800 --> 00:35:06,959 Speaker 1: a political added is show voting, But the issue is real. 625 00:35:07,040 --> 00:35:09,239 Speaker 1: Look at the New York Times poll which found you know, 626 00:35:09,239 --> 00:35:13,879 Speaker 1: about sixty of Democratic voters say they're concerned about Joe 627 00:35:13,880 --> 00:35:18,359 Speaker 1: Biden's ability to run and serve a second term. That's Democrats. 628 00:35:18,400 --> 00:35:20,680 Speaker 1: And you know there was the piece by Peter Baker 629 00:35:20,760 --> 00:35:24,160 Speaker 1: almost the same weekend talking about it. Robert Reich, who 630 00:35:24,440 --> 00:35:27,480 Speaker 1: so many of us respect, came out and said flatly, 631 00:35:27,560 --> 00:35:31,000 Speaker 1: Joe Biden is too old to run, So age health 632 00:35:31,040 --> 00:35:33,720 Speaker 1: are a real concern. At seventy nine, he's the oldest 633 00:35:33,760 --> 00:35:36,359 Speaker 1: president and so if he was to run and serve 634 00:35:36,440 --> 00:35:39,160 Speaker 1: two terms, he'd be eighties six by the time his 635 00:35:39,239 --> 00:35:42,640 Speaker 1: second term ended. So Americans have a right to think 636 00:35:42,640 --> 00:35:45,440 Speaker 1: about the health and the age of their president. So 637 00:35:45,480 --> 00:35:47,520 Speaker 1: he's going to have to address these issues if he 638 00:35:47,600 --> 00:35:50,000 Speaker 1: does decide to run. But it's a real issue. I 639 00:35:50,040 --> 00:35:53,000 Speaker 1: don't know if if all of those were fair, Rick, 640 00:35:53,120 --> 00:35:57,440 Speaker 1: but there's nothing fair in politics. Is this this refrain 641 00:35:57,640 --> 00:36:00,279 Speaker 1: or these questions going to get louder by republic kins 642 00:36:00,360 --> 00:36:02,600 Speaker 1: as we go sure, Joe. I mean, as you point out, 643 00:36:02,680 --> 00:36:05,120 Speaker 1: nothing's fair in politics, and and certainly not during a 644 00:36:05,200 --> 00:36:08,680 Speaker 1: congressional hearing. So I think you'll you'll hear this. Look, 645 00:36:08,800 --> 00:36:10,960 Speaker 1: nobody ever even heard of the twenty fifth Amendment until 646 00:36:10,960 --> 00:36:13,160 Speaker 1: Donald Trump became president. Next thing, you know, we're all 647 00:36:13,200 --> 00:36:16,719 Speaker 1: studying the Constitution and and so, uh, yeah, this is 648 00:36:16,760 --> 00:36:18,759 Speaker 1: just a thing of the day. You know, we used 649 00:36:18,760 --> 00:36:23,239 Speaker 1: to investigate administrations. Now we impeach them pretty regularly. Now 650 00:36:23,840 --> 00:36:26,640 Speaker 1: what's better than impeachment throw him out with his own cabinet. 651 00:36:26,719 --> 00:36:29,080 Speaker 1: So yeah, you know, unfortunately it is part of the 652 00:36:29,840 --> 00:36:32,960 Speaker 1: narrative these days, and and and since it's been in 653 00:36:33,000 --> 00:36:35,920 Speaker 1: the news a lot lately because of other cabinet members 654 00:36:35,920 --> 00:36:39,759 Speaker 1: in the Trump administration having looked into the twenty fifth Amendment. Um, 655 00:36:39,800 --> 00:36:41,920 Speaker 1: you know, Republicans feel compelled to sort of put this 656 00:36:42,040 --> 00:36:44,840 Speaker 1: administration on the spot. It's a total waste of perfectly 657 00:36:44,840 --> 00:36:48,200 Speaker 1: good taxpayer time, if you're curious. By the way, as 658 00:36:48,239 --> 00:36:51,040 Speaker 1: The Washington Post pointed out this morning, Nail's assisted Capital 659 00:36:51,080 --> 00:36:55,040 Speaker 1: police in barricading the Capital entrance as insurrection is trying 660 00:36:55,080 --> 00:36:59,160 Speaker 1: to storm the building on the sixth of January. Uh, 661 00:36:59,400 --> 00:37:01,840 Speaker 1: this was the day you know, they were voting to certify. 662 00:37:01,960 --> 00:37:05,520 Speaker 1: But while he called the insurrection of disgrace, he also 663 00:37:05,600 --> 00:37:09,439 Speaker 1: voted to overturn Joe Biden's victory. Genie, thank you. Great 664 00:37:09,480 --> 00:37:11,600 Speaker 1: to see a d c Rick in New York. Rick 665 00:37:11,680 --> 00:37:14,680 Speaker 1: Davis our signature panel. I'm Joe Matthew and Washington. Great 666 00:37:14,719 --> 00:37:16,719 Speaker 1: to be back with you today. God it goes by quick, 667 00:37:16,760 --> 00:37:21,120 Speaker 1: but then again, it's the fastest hour in politics. We'll 668 00:37:21,120 --> 00:37:24,839 Speaker 1: meet you back here tomorrow, Primetime, January six. Committee. I'm 669 00:37:24,920 --> 00:37:26,880 Speaker 1: Joe Matthew and this is Bloomberg.