1 00:00:00,360 --> 00:00:03,040 Speaker 1: Live from our nation's camera. This budget thing is going 2 00:00:03,120 --> 00:00:05,560 Speaker 1: to do nothing Space Forces. I still think it's interesting 3 00:00:05,559 --> 00:00:08,880 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,039 --> 00:00:15,000 Speaker 1: politics colliding Floomberg Sound On, the Insiders, the influencers, the insides. 5 00:00:15,080 --> 00:00:17,360 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,360 --> 00:00:20,520 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,520 --> 00:00:23,320 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,560 --> 00:00:26,079 Speaker 1: Team Trump. The president has to do exactly what people 9 00:00:26,120 --> 00:00:27,880 Speaker 1: send him here to do, which is to get it done. 10 00:00:28,240 --> 00:00:32,800 Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg 11 00:00:34,000 --> 00:00:36,480 Speaker 1: and one oh five point seven f m h D two. 12 00:00:37,120 --> 00:00:41,120 Speaker 1: Impeachment folks, We've got the latest on the impeachment saga. 13 00:00:41,960 --> 00:00:46,040 Speaker 1: This as President Trump overseas, and you don't want to 14 00:00:46,080 --> 00:00:49,320 Speaker 1: miss what he had to say with French President Emmanuel mccrod. 15 00:00:49,440 --> 00:00:52,879 Speaker 1: It was a crucial pivotal press conference. Did you hear 16 00:00:52,920 --> 00:00:55,920 Speaker 1: about it? It It was everywhere. Meanwhile, Senator Kamala Harris, Democrat 17 00:00:56,160 --> 00:01:01,000 Speaker 1: from California dropping out of the Democratic presidential race. And 18 00:01:02,440 --> 00:01:04,440 Speaker 1: we've got the latest on the U. S. China trade talks. 19 00:01:04,480 --> 00:01:07,959 Speaker 1: And a very special guest, Rob Strayer is here. He's 20 00:01:08,000 --> 00:01:12,399 Speaker 1: the Deputy Assistant Secretary for cyber and International Communications and 21 00:01:12,440 --> 00:01:15,560 Speaker 1: Information Policy at the U S State Department. Again the 22 00:01:15,600 --> 00:01:19,120 Speaker 1: State Departments. Rob Strayer joining me to discuss five G 23 00:01:19,319 --> 00:01:22,920 Speaker 1: security and the U S efforts to boost vahwei rivals. 24 00:01:22,959 --> 00:01:25,520 Speaker 1: All of that and the latest from our all star 25 00:01:25,560 --> 00:01:29,040 Speaker 1: political panel. Mc gorman, vice President, a target of victory 26 00:01:29,040 --> 00:01:32,560 Speaker 1: and former NRCC Coms director, and Richard Fowler's back in 27 00:01:32,600 --> 00:01:37,800 Speaker 1: the nationally syndicated radio show host and a Fox News contributor. 28 00:01:38,000 --> 00:01:41,679 Speaker 1: So much to get through, especially as this report just 29 00:01:41,920 --> 00:01:45,880 Speaker 1: getting released within the last couple of hours. President Trump 30 00:01:46,040 --> 00:01:49,800 Speaker 1: declining to participate in tomorrow's House impeachment hearing, is not 31 00:01:49,920 --> 00:01:54,240 Speaker 1: also going to send attorneys. Meanwhile, the impeachment report that 32 00:01:54,320 --> 00:01:59,840 Speaker 1: got released today, chaired by Democratic Chairman Adam Schiff from California, 33 00:02:00,120 --> 00:02:02,440 Speaker 1: saying that there was a quote clear and present danger 34 00:02:02,520 --> 00:02:05,640 Speaker 1: from Trump. Republicans mind you release their hundred and tempage 35 00:02:05,640 --> 00:02:09,959 Speaker 1: report yesterday is saying essentially nothing to see her, folks. 36 00:02:09,960 --> 00:02:11,960 Speaker 1: So we'll get into that coming up. But we've got 37 00:02:11,960 --> 00:02:16,440 Speaker 1: to start internationally because the geopolitics of today, both on 38 00:02:16,480 --> 00:02:19,680 Speaker 1: the European front and between the US and China just 39 00:02:19,760 --> 00:02:22,919 Speaker 1: out in full force. We've got We've got Rob Strayer here. 40 00:02:22,919 --> 00:02:25,840 Speaker 1: He's the Deputy Assistant Secretary over at the U. S. 41 00:02:25,840 --> 00:02:27,760 Speaker 1: States Department. Rob, thank you so much for being here. 42 00:02:27,840 --> 00:02:29,920 Speaker 1: Kevin is great to be here. And I want to 43 00:02:29,919 --> 00:02:35,239 Speaker 1: start with BAWE because the China telecommunications giant Huawei. You 44 00:02:35,280 --> 00:02:38,080 Speaker 1: guys have a new announcement tell us with regards to 45 00:02:38,200 --> 00:02:41,440 Speaker 1: what you're doing with HUAWE. Well, the big news today 46 00:02:41,480 --> 00:02:43,200 Speaker 1: is that the European Union has come out with a 47 00:02:43,240 --> 00:02:46,360 Speaker 1: new set of conclusions on security for five G and 48 00:02:46,400 --> 00:02:50,760 Speaker 1: they're they're saying that they recognize that instantaneously the software 49 00:02:50,919 --> 00:02:53,720 Speaker 1: in five G networks can be updated and potentially compromised. 50 00:02:53,960 --> 00:02:56,400 Speaker 1: So we need not just to have technical security measures, 51 00:02:56,600 --> 00:02:59,320 Speaker 1: but also have non technical measures that look at the 52 00:02:59,400 --> 00:03:03,239 Speaker 1: legals them where the company that's supplying five G hardware 53 00:03:03,560 --> 00:03:06,200 Speaker 1: and software is headquarters. So this is a good sign 54 00:03:06,320 --> 00:03:08,920 Speaker 1: from our European allies, is what I'm hearing. Sign a 55 00:03:09,000 --> 00:03:11,880 Speaker 1: very positive progress on that. I mean, just to step back, folks, 56 00:03:11,960 --> 00:03:15,839 Speaker 1: remember remember just a few months ago there was criticism 57 00:03:15,880 --> 00:03:19,880 Speaker 1: to the administration as it was negotiating with the Europeans. 58 00:03:19,919 --> 00:03:23,680 Speaker 1: Was anybody anybody in Europe following the US lead as 59 00:03:23,760 --> 00:03:26,560 Speaker 1: it relates to Huawei. And this isn't a Trump administration thing, 60 00:03:26,600 --> 00:03:29,680 Speaker 1: mind you. There's Democrats, Republicans. This is really a nonpart 61 00:03:29,680 --> 00:03:34,360 Speaker 1: of an issue. It's violent, bipartisan agreement. We've testified that violent, violent, violent, 62 00:03:34,440 --> 00:03:37,200 Speaker 1: five parts. There's the phrase I haven't heard before, Rob, 63 00:03:37,280 --> 00:03:39,880 Speaker 1: go ahead, yeah, bipartisan agreement on the hill. We've testified 64 00:03:39,920 --> 00:03:42,560 Speaker 1: numerous times. Democrats and Republicans both see the importance of 65 00:03:42,600 --> 00:03:45,360 Speaker 1: securing our five gene networks and talking to our allies 66 00:03:45,400 --> 00:03:47,640 Speaker 1: about securing their networks. They need to do so because 67 00:03:47,680 --> 00:03:50,880 Speaker 1: our military alliances, our law enforcement cooperation, and our day 68 00:03:50,880 --> 00:03:54,520 Speaker 1: to day commercial activities could be undermined if countries deploy 69 00:03:54,920 --> 00:03:58,080 Speaker 1: unsecure five gene networks. I means just the headlines over 70 00:03:58,120 --> 00:04:03,760 Speaker 1: the Bloomberg terminal. Lisa Sabenias writing back in April, US 71 00:04:03,840 --> 00:04:06,960 Speaker 1: tries to free sepahway out of Europe. Well, turns out 72 00:04:07,000 --> 00:04:10,720 Speaker 1: you're moving in that direction. Meanwhile, just the other day, 73 00:04:11,200 --> 00:04:14,640 Speaker 1: alistair barge. See this US to tap sixty billion dollar 74 00:04:14,720 --> 00:04:17,960 Speaker 1: ward chest and boon for Huawei rivals. It looks like 75 00:04:18,320 --> 00:04:23,039 Speaker 1: in developing countries the US also making a play to 76 00:04:23,400 --> 00:04:26,919 Speaker 1: to bolster uh some some different companies to keep UAWE 77 00:04:27,000 --> 00:04:29,159 Speaker 1: out of these emerging markets. Look, even we saw a 78 00:04:29,279 --> 00:04:32,440 Speaker 1: massive public relations pushed by Yahwei to make people think 79 00:04:32,480 --> 00:04:34,680 Speaker 1: that they were the only alternative, there was nothing else 80 00:04:34,680 --> 00:04:37,480 Speaker 1: on the market. Now your Europeans and others are waking 81 00:04:37,560 --> 00:04:40,760 Speaker 1: up the fact that they have ericson Nokia and Samsung 82 00:04:40,800 --> 00:04:44,320 Speaker 1: available as alternatives that are trusted suppliers, that are administered 83 00:04:44,360 --> 00:04:47,080 Speaker 1: in countries that are following the rule of law and 84 00:04:47,120 --> 00:04:50,520 Speaker 1: have democratic principles that will guide the uses of their data. 85 00:04:50,960 --> 00:04:53,080 Speaker 1: So from when I when I talked to my sources 86 00:04:53,080 --> 00:04:56,400 Speaker 1: connected to Huawei and ZTE, what they say is, look, 87 00:04:56,920 --> 00:05:01,200 Speaker 1: they've made changes, they've readjusted their board, They've tried to 88 00:05:01,200 --> 00:05:03,680 Speaker 1: to to let this process play out through the courts. 89 00:05:04,040 --> 00:05:06,960 Speaker 1: Is there anything that that Huawei or he could do 90 00:05:07,080 --> 00:05:10,479 Speaker 1: to get the trust of lawmakers on Capitol Hill and 91 00:05:10,520 --> 00:05:12,640 Speaker 1: the State Department? You know, what we're really seeing from 92 00:05:12,680 --> 00:05:15,320 Speaker 1: Hawei is transparency theater. This is not really a serious 93 00:05:15,320 --> 00:05:18,320 Speaker 1: attempt to be transparent about their activities. They still haven't 94 00:05:18,320 --> 00:05:20,719 Speaker 1: disclosed what their activities are in the Shin John Province 95 00:05:20,720 --> 00:05:23,120 Speaker 1: in China, that's where more than a million weekers are 96 00:05:23,160 --> 00:05:26,160 Speaker 1: imprisoned in attention camps in Huawei as signed in agreement 97 00:05:26,160 --> 00:05:29,680 Speaker 1: with the security services there to cooperate on innovation and security. 98 00:05:29,720 --> 00:05:31,520 Speaker 1: So what are they doing there? What does that mean? 99 00:05:31,680 --> 00:05:34,000 Speaker 1: And we don't know. We want to, you know, if 100 00:05:34,040 --> 00:05:36,039 Speaker 1: a company wouldn't be transparent, they would be more forward 101 00:05:36,080 --> 00:05:38,599 Speaker 1: leaning about what their activities are there. We also don't 102 00:05:38,600 --> 00:05:41,200 Speaker 1: know what the involvement really is the Chinese Communist Party 103 00:05:41,360 --> 00:05:44,480 Speaker 1: that's nested in all Chinese companies, So they haven't been 104 00:05:44,480 --> 00:05:46,839 Speaker 1: clear about a lot of the important areas that would 105 00:05:46,839 --> 00:05:51,479 Speaker 1: be very important for UH countries to have information about 106 00:05:51,600 --> 00:05:54,000 Speaker 1: in order to make decisions about what they can trust. 107 00:05:54,000 --> 00:05:56,880 Speaker 1: A company like there was either Marko Rubio or um 108 00:05:57,000 --> 00:05:58,719 Speaker 1: Mark Morner, one of them. Both of them are are 109 00:05:58,839 --> 00:06:01,360 Speaker 1: really in agreement with you on this issue of Republican 110 00:06:01,360 --> 00:06:04,640 Speaker 1: and Democrat respectively. And I asked them specifically about the 111 00:06:04,640 --> 00:06:09,240 Speaker 1: supply chain of ZTE and Huawei domestically. You know there 112 00:06:09,240 --> 00:06:13,680 Speaker 1: are supply chains and that that are connected to the 113 00:06:13,760 --> 00:06:16,840 Speaker 1: international ecosystem. What do you say to those folks who 114 00:06:16,880 --> 00:06:19,400 Speaker 1: maybe are a bit uneasy that that, you know, impacting 115 00:06:19,480 --> 00:06:23,240 Speaker 1: Quawei and ZT could impact US jobs well over the 116 00:06:23,279 --> 00:06:25,360 Speaker 1: long term. We need to lift everyone up to make 117 00:06:25,360 --> 00:06:27,520 Speaker 1: sure they're abiding by the right standards to protect the 118 00:06:27,520 --> 00:06:29,120 Speaker 1: future of our data. We don't want end up in 119 00:06:29,120 --> 00:06:32,760 Speaker 1: a situation where we have arbitrary surveillance networks, where dissidents 120 00:06:32,800 --> 00:06:35,160 Speaker 1: that are overseas are being targeted by other countries, as 121 00:06:35,240 --> 00:06:37,880 Speaker 1: China has done to Weakers, and they've also done to 122 00:06:37,960 --> 00:06:42,360 Speaker 1: Tibetan dissidents over time. That is just maybe Hong Kong 123 00:06:43,040 --> 00:06:45,839 Speaker 1: when one might The important thing is that we stand 124 00:06:45,920 --> 00:06:48,279 Speaker 1: up for those higher level of values that will have 125 00:06:48,360 --> 00:06:50,919 Speaker 1: impacts potential the supply chain. That's not our goal to 126 00:06:51,000 --> 00:06:53,640 Speaker 1: end up in some kind of bifurcated supply chain scenario. 127 00:06:53,880 --> 00:06:55,320 Speaker 1: But when it comes to the most critical of our 128 00:06:55,320 --> 00:06:58,080 Speaker 1: technologies and critical parts of our data, we need to 129 00:06:58,520 --> 00:07:02,200 Speaker 1: require that we are holding companies that will provide those 130 00:07:02,200 --> 00:07:05,760 Speaker 1: technology and services to the highest of standards. Rob Strayer's here, 131 00:07:05,800 --> 00:07:09,560 Speaker 1: He's the Deputy Assistant Secretary for cyber and International Communications 132 00:07:09,560 --> 00:07:12,640 Speaker 1: over at the US State Department. Just a couple more 133 00:07:12,720 --> 00:07:14,040 Speaker 1: questions for you. I do have to put you on 134 00:07:14,080 --> 00:07:17,960 Speaker 1: the spot. You accuse me of being from the South. Yeah, 135 00:07:18,000 --> 00:07:19,760 Speaker 1: I'm from Delco. And you come in and you're like 136 00:07:19,760 --> 00:07:21,000 Speaker 1: oh are you from Are you from the South? And 137 00:07:21,040 --> 00:07:23,360 Speaker 1: I'm like, Bob No, I I grew up outside of Philadelphia, 138 00:07:23,400 --> 00:07:25,600 Speaker 1: massive Philadelphia Eagles fan, and I just have to say, 139 00:07:25,840 --> 00:07:28,120 Speaker 1: call me off guard. I've never been accused of being 140 00:07:28,440 --> 00:07:31,160 Speaker 1: from the South. Are Executive producer Christine rod is here 141 00:07:31,400 --> 00:07:34,559 Speaker 1: rolling her She's like, no idea where the southern charm 142 00:07:34,640 --> 00:07:38,960 Speaker 1: reference came from? Um just in terms of domestically. So 143 00:07:39,000 --> 00:07:42,160 Speaker 1: we talked about other companies that might be poised to 144 00:07:42,240 --> 00:07:46,520 Speaker 1: benefit from this. Rob Sweden's ericson you mentioned Finland's Nokia. 145 00:07:46,560 --> 00:07:49,960 Speaker 1: Any US firms that could potentially see see uh some 146 00:07:49,960 --> 00:07:52,200 Speaker 1: some benefit from this shirt once you get away from 147 00:07:52,280 --> 00:07:54,080 Speaker 1: what they call the radio access network. The radio is 148 00:07:54,120 --> 00:07:56,280 Speaker 1: closest to the user. Cisco is a major player and 149 00:07:56,360 --> 00:07:59,720 Speaker 1: networking switching. Juniper Networks is huge there. And then also 150 00:07:59,760 --> 00:08:01,160 Speaker 1: if you look at the core guts to what's in 151 00:08:01,240 --> 00:08:04,920 Speaker 1: all these base stations and cell phones, it's Qualcom, Intel, 152 00:08:05,280 --> 00:08:08,760 Speaker 1: you know, major chip manufacturers, Zy Links, Uh, you know, Marvel. 153 00:08:08,840 --> 00:08:10,680 Speaker 1: There's a number of companies that are gonna make money 154 00:08:10,720 --> 00:08:13,480 Speaker 1: and do very well off of five G. So there's 155 00:08:13,480 --> 00:08:16,520 Speaker 1: such a focus on the integrator that component makers tend 156 00:08:16,520 --> 00:08:19,960 Speaker 1: to be Western and American in particular. And final question, 157 00:08:20,000 --> 00:08:21,760 Speaker 1: just what's the next step in all this process. What's 158 00:08:21,760 --> 00:08:25,960 Speaker 1: the next big marker for the for the US, China Huawei. 159 00:08:27,280 --> 00:08:29,920 Speaker 1: Uh So, we're very excited to see that conclusions come 160 00:08:29,960 --> 00:08:32,240 Speaker 1: out of the which is a political statement. There will 161 00:08:32,320 --> 00:08:34,959 Speaker 1: be actual security measures released, likely later this month. In 162 00:08:35,000 --> 00:08:37,440 Speaker 1: the European Union. Then we want to work with governments 163 00:08:37,480 --> 00:08:40,800 Speaker 1: around Europe and around the globe to huge just because 164 00:08:40,840 --> 00:08:42,599 Speaker 1: again I mean just in covering this now for the 165 00:08:42,640 --> 00:08:44,920 Speaker 1: past couple of months, to see this, I don't want 166 00:08:44,920 --> 00:08:46,960 Speaker 1: to call it an about based on Europe, but to 167 00:08:47,000 --> 00:08:50,600 Speaker 1: have the conversation go from why isn't Europe going with 168 00:08:50,679 --> 00:08:53,440 Speaker 1: the US again on this non partisan issue as it 169 00:08:53,480 --> 00:08:55,720 Speaker 1: relates to Quawei z e T and then to see 170 00:08:55,760 --> 00:08:59,240 Speaker 1: them suggest otherwise, especially when President Trump's over there in 171 00:08:59,280 --> 00:09:01,680 Speaker 1: London on the seventy at the anniversary and NATO not 172 00:09:01,800 --> 00:09:04,080 Speaker 1: for nothing, Rob, Yep, No, it's it's a it's a 173 00:09:04,080 --> 00:09:06,280 Speaker 1: big change. I'm glad they see it coming to frunition. 174 00:09:06,280 --> 00:09:07,880 Speaker 1: All right, Rob, thanks for coming in anything else what 175 00:09:07,920 --> 00:09:10,120 Speaker 1: we should know about. Thanks thanks for coming in for 176 00:09:10,120 --> 00:09:13,080 Speaker 1: stopping by. Always a pleasure. Rob Shared, Deputy Assistant Secretary 177 00:09:13,320 --> 00:09:17,520 Speaker 1: for Cyber and International Communications and Information Policy at the U. S. 178 00:09:17,520 --> 00:09:21,360 Speaker 1: State Department. I'm Kevin CEREALI coming up. Panel reacts to 179 00:09:21,440 --> 00:09:25,680 Speaker 1: the impeachment Saga of the day. That report just got released, 180 00:09:25,679 --> 00:09:28,320 Speaker 1: where you break it down with Mac Warman and Richard Fowler. 181 00:09:28,360 --> 00:09:31,360 Speaker 1: Download Bloomberg Salm On podcast on Apple iTunes, at Bloomberg 182 00:09:31,440 --> 00:09:33,719 Speaker 1: dot com, or by downloading the Bloomberg Business app. You 183 00:09:33,720 --> 00:09:35,800 Speaker 1: can also find us on Radio dot com, I Heart 184 00:09:35,840 --> 00:09:39,600 Speaker 1: Radio and Spotify. All of that, plus President Trump sparring 185 00:09:39,640 --> 00:09:42,880 Speaker 1: with French President and Madeuel McCrone. You're listening to Bloomberg. 186 00:09:47,559 --> 00:09:52,120 Speaker 1: This is Bloomberg Sound On with Kevin Surrele on Bloomberg 187 00:09:53,240 --> 00:09:55,640 Speaker 1: and one oh five point seven m h D two. 188 00:09:56,200 --> 00:09:59,559 Speaker 1: I'm Kevin CERELLI, Chief Washington correspondent to Bloomberg Television of 189 00:09:59,600 --> 00:10:03,760 Speaker 1: Bloomberg Radio. Richard Fowler the Democrat is here. Matt Gorman, 190 00:10:03,840 --> 00:10:07,840 Speaker 1: the Republican is here. Hello, gentlemen complaining living the dream 191 00:10:07,840 --> 00:10:11,000 Speaker 1: a day at a time, Right, were optimistic, We're grateful. 192 00:10:11,200 --> 00:10:13,240 Speaker 1: I remember having a good day. It was freezing out today. 193 00:10:14,559 --> 00:10:16,240 Speaker 1: The wind was nuts. You know. The wind was not 194 00:10:16,320 --> 00:10:17,640 Speaker 1: to booke me up in the middle of the night. 195 00:10:17,840 --> 00:10:20,920 Speaker 1: But listen, I'm up on Capitol Hill and I'm covering 196 00:10:20,920 --> 00:10:24,760 Speaker 1: the impeachment and trade, and I gotta be honest, I 197 00:10:24,800 --> 00:10:26,480 Speaker 1: think the person who had the worst day to day 198 00:10:26,480 --> 00:10:29,680 Speaker 1: was Rudy Giuliani. Did you see this report that got released? Okay, 199 00:10:29,679 --> 00:10:33,240 Speaker 1: So the House Intel Committee releases this report. Republicans say 200 00:10:33,280 --> 00:10:36,119 Speaker 1: it's a dud. Democrats say that high crimes and misdemeanors 201 00:10:36,120 --> 00:10:38,200 Speaker 1: impeach them. They're voting on it, I believe in like 202 00:10:38,240 --> 00:10:41,040 Speaker 1: the next hour up on Capitol Hill, and then tomorrow 203 00:10:41,040 --> 00:10:44,800 Speaker 1: the House Judiciary Committee is going to have their stab 204 00:10:44,880 --> 00:10:50,720 Speaker 1: at at impeachment. But essentially, records of Giuliani calls cited 205 00:10:50,760 --> 00:10:53,320 Speaker 1: in report. This was on the Bloomberg terminal. The report 206 00:10:53,360 --> 00:10:57,080 Speaker 1: puts Trump personal lawyer Rudy Giuliani at the center of 207 00:10:57,120 --> 00:11:00,880 Speaker 1: a scheme so for South the U. S. Ambassador to 208 00:11:01,080 --> 00:11:05,200 Speaker 1: Ukraine and pressure that country's government to investigate Joe Biden's 209 00:11:05,240 --> 00:11:10,280 Speaker 1: family and a conspiracy theory that Ukraine interfered in the election. 210 00:11:10,360 --> 00:11:12,520 Speaker 1: So the House actually obtained a T and T call 211 00:11:12,640 --> 00:11:17,079 Speaker 1: records showing Giuliani in contact with phone numbers associated with 212 00:11:17,160 --> 00:11:19,640 Speaker 1: the White House, O and B top and tell folks 213 00:11:20,240 --> 00:11:24,280 Speaker 1: and the like I mean, Republicans are saying, Richard Fowler, 214 00:11:24,280 --> 00:11:27,560 Speaker 1: Democratic strategist and of course nationally syndicated radio show host 215 00:11:27,640 --> 00:11:32,160 Speaker 1: and Fox News contributor, all those things a lot plus plus. 216 00:11:32,280 --> 00:11:35,680 Speaker 1: What else? How would you define yourself? I'm an American storyteller, 217 00:11:37,400 --> 00:11:40,760 Speaker 1: Richard Fowler. Republicans are saying that Democrats are that the 218 00:11:40,760 --> 00:11:44,120 Speaker 1: president rather is able to do whatever kind of foreign 219 00:11:44,160 --> 00:11:47,720 Speaker 1: policy negotiations he wants to do. But bad day for Rudy. 220 00:11:47,840 --> 00:11:50,319 Speaker 1: Why so a president put him up to this? I 221 00:11:50,360 --> 00:11:51,720 Speaker 1: think it's a bad day for Rudy, but I also 222 00:11:51,720 --> 00:11:53,280 Speaker 1: think it's a bad day for the president. And I 223 00:11:53,320 --> 00:11:56,120 Speaker 1: think in the premise of your sort of question, there 224 00:11:56,160 --> 00:11:58,520 Speaker 1: in lies the bad day in the In the July 225 00:11:59,400 --> 00:12:02,280 Speaker 1: the trans that the President tells everybody to read, he 226 00:12:02,360 --> 00:12:07,120 Speaker 1: refers to Rudy Julian. He actually implores the Ukrainian Prime 227 00:12:07,160 --> 00:12:10,880 Speaker 1: Minister to talk to my buddy, Rudy. And so, now, 228 00:12:10,920 --> 00:12:13,120 Speaker 1: if everything was above board and this was a perfect call, 229 00:12:13,200 --> 00:12:15,760 Speaker 1: then the White House needs to answer why is it 230 00:12:15,840 --> 00:12:19,840 Speaker 1: that the president's personal attorney was making calls to the OMB. 231 00:12:19,960 --> 00:12:21,520 Speaker 1: Now let's be very clear of the Office of Budget, 232 00:12:21,559 --> 00:12:24,320 Speaker 1: Bandit Management and Budget the Opfice of Management and Budget 233 00:12:24,320 --> 00:12:27,000 Speaker 1: is a government agency facing department. It doesn't deal with 234 00:12:27,040 --> 00:12:31,160 Speaker 1: everyday American citizens. It deals with Mark and Yeah, deals 235 00:12:31,160 --> 00:12:33,719 Speaker 1: with agencies. It deals with the Department of Defense. Of 236 00:12:33,760 --> 00:12:37,400 Speaker 1: the fact that exactly, but the fact that your personal 237 00:12:37,400 --> 00:12:39,600 Speaker 1: attorney is making a phone call to this department, and 238 00:12:39,640 --> 00:12:41,440 Speaker 1: if it was everything was above board, then you should 239 00:12:41,440 --> 00:12:44,400 Speaker 1: have no problem but telling the American people why he 240 00:12:44,440 --> 00:12:47,160 Speaker 1: was calling the Office of Management. Old enough to remember 241 00:12:47,160 --> 00:12:49,559 Speaker 1: when omb was only around every now and then when 242 00:12:49,559 --> 00:12:52,079 Speaker 1: you wanted to shut down the government. Um, I want 243 00:12:52,120 --> 00:12:55,720 Speaker 1: to play for you, Chairman Adams Shift, the Democrat in California, 244 00:12:55,840 --> 00:12:58,760 Speaker 1: Mac Gorman, a Republican. Take a listen to what Shifts 245 00:12:58,760 --> 00:13:02,120 Speaker 1: said today about all of this series. Are we prepared 246 00:13:02,160 --> 00:13:05,600 Speaker 1: to say that henceforth we must expect from this president 247 00:13:05,600 --> 00:13:08,360 Speaker 1: and those who follow that there will be a certain 248 00:13:08,360 --> 00:13:11,120 Speaker 1: amount of corruption in which the national security of the 249 00:13:11,120 --> 00:13:14,480 Speaker 1: country will be compromised. And then beyond that, he goes 250 00:13:14,520 --> 00:13:18,600 Speaker 1: on to criticize sham investigations. Here's Chairman Schiff, that's what 251 00:13:18,640 --> 00:13:23,199 Speaker 1: the president wanted, these two sham investigations, one into Joe Biden. 252 00:13:23,720 --> 00:13:28,560 Speaker 1: Uh also debunked and discredited that that sham investigative theory, 253 00:13:28,600 --> 00:13:31,760 Speaker 1: but also into this idea that Ukraine interfeared in our election, 254 00:13:32,120 --> 00:13:35,000 Speaker 1: not Russia. All right, Matt breaking down for us, Well, look, 255 00:13:35,000 --> 00:13:38,120 Speaker 1: I think on the whole, your Republicans are going to 256 00:13:38,160 --> 00:13:40,760 Speaker 1: go to bat for the president. However, we will not 257 00:13:40,840 --> 00:13:42,959 Speaker 1: go to bat for Rudy Giuliani. I think that is 258 00:13:42,960 --> 00:13:45,080 Speaker 1: where there is a key I want to slow down there, 259 00:13:45,360 --> 00:13:48,440 Speaker 1: Matt Gorman. Folks just said Republicans will go to bat 260 00:13:48,480 --> 00:13:51,040 Speaker 1: for the president. They will not go to bat for 261 00:13:51,040 --> 00:13:53,880 Speaker 1: former New York City mayor Rudy Giuliani. Yeah, there's a 262 00:13:53,920 --> 00:13:57,559 Speaker 1: difference there. There's a key difference. Look, when Republicans they're gonna, 263 00:13:57,840 --> 00:14:00,400 Speaker 1: you know, work on behalf of the president, They're not 264 00:14:00,400 --> 00:14:02,520 Speaker 1: going to go out in the limb for Rudy Giuliani. Right, 265 00:14:02,760 --> 00:14:05,440 Speaker 1: So if worse comes to worse, I think they will 266 00:14:05,520 --> 00:14:08,559 Speaker 1: cut off the limb with Rudy Giuliani standing. Actually think 267 00:14:08,760 --> 00:14:10,880 Speaker 1: I was talking to I mean, I think this raises 268 00:14:10,920 --> 00:14:12,679 Speaker 1: the question though, and I think my question is is 269 00:14:12,760 --> 00:14:14,520 Speaker 1: for you, sir, is how in a world how do 270 00:14:14,559 --> 00:14:16,520 Speaker 1: you sort of cut the limb off and leave to 271 00:14:16,559 --> 00:14:18,720 Speaker 1: Giuliani hanging out there when this whole time Donald Trump 272 00:14:18,760 --> 00:14:20,880 Speaker 1: has called him his personal attorney. He has called himself 273 00:14:20,960 --> 00:14:23,920 Speaker 1: Donald Trump's personal attorney. And he's making calls to the president. 274 00:14:24,120 --> 00:14:26,440 Speaker 1: He's making calls to the opposite management and budget, He's 275 00:14:26,480 --> 00:14:28,080 Speaker 1: making calls to the chief of staff, like how do 276 00:14:28,200 --> 00:14:30,240 Speaker 1: you sort of delinde, how do you separate that? Because 277 00:14:30,280 --> 00:14:33,040 Speaker 1: it's he He's the one who's doing it, but at 278 00:14:33,080 --> 00:14:35,720 Speaker 1: the direction of the President as part of the trans 279 00:14:35,840 --> 00:14:37,680 Speaker 1: that is again where the rub is. That's what they 280 00:14:37,680 --> 00:14:41,480 Speaker 1: will argue, right like, as of right now, there is 281 00:14:41,800 --> 00:14:47,720 Speaker 1: no really visual audio whatever, right beyond any proofpoint that 282 00:14:48,640 --> 00:14:50,480 Speaker 1: he was in the phone. Trump was on the phone himself. 283 00:14:50,600 --> 00:14:53,920 Speaker 1: So what they will do is they will delineate what 284 00:14:54,120 --> 00:14:56,920 Speaker 1: he Rudy did and what Trump did, right and and 285 00:14:57,400 --> 00:14:59,720 Speaker 1: that as I think the rub where this will happen. 286 00:14:59,800 --> 00:15:01,960 Speaker 1: Rich if you might disagree, But what Gorman, if you're 287 00:15:02,000 --> 00:15:04,840 Speaker 1: listening to us, you know, driving along at home, what MATC. 288 00:15:04,880 --> 00:15:08,800 Speaker 1: Gorman is doing right now is describing the strategic approach 289 00:15:09,240 --> 00:15:12,360 Speaker 1: and the wiggle verm that moderate Republicans that the Romney's 290 00:15:12,400 --> 00:15:15,400 Speaker 1: of the world have as they navigate this. You're shaking 291 00:15:15,400 --> 00:15:16,960 Speaker 1: your head, no, but I'm saying, this is the playbook 292 00:15:17,360 --> 00:15:19,960 Speaker 1: I agree that this is the playbook. That's what we 293 00:15:20,000 --> 00:15:22,280 Speaker 1: do here. We talked about the policy, we talked, We 294 00:15:22,400 --> 00:15:24,680 Speaker 1: let folks decide. I agree. I think here in lies 295 00:15:24,760 --> 00:15:27,000 Speaker 1: my problem with this playbook is that this is far 296 00:15:27,200 --> 00:15:30,840 Speaker 1: This should for for moderate Republicans, for every American. They 297 00:15:30,840 --> 00:15:33,160 Speaker 1: should go far beyond the playbook, and we should really 298 00:15:33,280 --> 00:15:36,600 Speaker 1: be asking ourselves the question, are we okay with somebody's 299 00:15:36,640 --> 00:15:39,400 Speaker 1: personal attorney calling the O m B? Are we okay 300 00:15:39,480 --> 00:15:44,080 Speaker 1: with the president you withholding congressional aid to sort of 301 00:15:44,200 --> 00:15:47,320 Speaker 1: get some sort of political dirt on his opponent. This 302 00:15:47,440 --> 00:15:50,360 Speaker 1: is about our democracy and this goes far beyond political party. 303 00:15:50,880 --> 00:15:53,240 Speaker 1: And I think that's the question that Democrats, that both 304 00:15:53,280 --> 00:15:55,240 Speaker 1: Democrats had asked themselves as they go on this impeachment 305 00:15:55,520 --> 00:15:59,120 Speaker 1: as well as Republican. Here's President Trump's response today when 306 00:15:59,200 --> 00:16:01,400 Speaker 1: he was in London. Here's what he had to say 307 00:16:01,440 --> 00:16:05,400 Speaker 1: about Adam Schiff. Take a listen. Is a deranged human being. 308 00:16:06,200 --> 00:16:08,120 Speaker 1: I think he grew up with a complex a lots 309 00:16:08,160 --> 00:16:10,800 Speaker 1: of reasons that are obvious. I think he's a very 310 00:16:10,880 --> 00:16:14,680 Speaker 1: sick man, very sick deranged. I mean, you're hearing that 311 00:16:14,760 --> 00:16:17,480 Speaker 1: from President Trump. All right, let's go back to Capitol Hill, though, 312 00:16:17,480 --> 00:16:21,600 Speaker 1: because Senate Majority Leader Mitch McConnell, who candidly is really 313 00:16:21,720 --> 00:16:23,600 Speaker 1: one of the power brokers behind the scenes of all 314 00:16:23,640 --> 00:16:25,840 Speaker 1: of this. I mean, it's looking like the House is 315 00:16:25,840 --> 00:16:29,120 Speaker 1: going to impeach President Trump and then it's going to 316 00:16:29,200 --> 00:16:31,520 Speaker 1: get to the Senate for the trial. Everybody wants to 317 00:16:31,600 --> 00:16:35,920 Speaker 1: know what the kingmaker of Washington, d C. Thinks, Mitch McConnell. 318 00:16:36,080 --> 00:16:38,400 Speaker 1: Take a listen to Leader McConnell here. So that is 319 00:16:38,480 --> 00:16:41,920 Speaker 1: a myriad of options, which doesn't give you an answer, 320 00:16:42,160 --> 00:16:44,400 Speaker 1: but there is no answer at this point. That's my point. 321 00:16:44,640 --> 00:16:48,320 Speaker 1: There is no answer at this point. So he's saying, essentially, 322 00:16:48,400 --> 00:16:53,280 Speaker 1: as it comes to the impeachment inquiry, he's saying he's saying, 323 00:16:53,440 --> 00:16:55,440 Speaker 1: whether or not the House or the Senate can agree 324 00:16:55,480 --> 00:16:58,160 Speaker 1: on procedures for how to move forward. The Senate could 325 00:16:58,200 --> 00:17:02,480 Speaker 1: take considerations from the Chief Justice. So what's the what's 326 00:17:02,520 --> 00:17:04,520 Speaker 1: the play for McConnell in terms of the Senate trial? 327 00:17:04,600 --> 00:17:07,200 Speaker 1: Macmer here a couple of things. I think Number one, 328 00:17:07,600 --> 00:17:11,280 Speaker 1: you're not gonna see a treat lot dash type agreement. Um. 329 00:17:12,000 --> 00:17:15,480 Speaker 1: But however, right McConnell realized that he needs to have 330 00:17:15,560 --> 00:17:17,840 Speaker 1: an actual trial. I really don't think you're going to 331 00:17:18,040 --> 00:17:21,000 Speaker 1: see a motion to dismiss, at least not in the 332 00:17:21,119 --> 00:17:25,680 Speaker 1: first two three weeks. Possibly there's gonna be you know, 333 00:17:25,720 --> 00:17:27,440 Speaker 1: there's gonna be a trial. And look, I think also, 334 00:17:28,040 --> 00:17:29,960 Speaker 1: you know, I think you're going to see possibly when 335 00:17:30,040 --> 00:17:32,719 Speaker 1: this passed to the House, I think it's beneficial from 336 00:17:32,760 --> 00:17:35,440 Speaker 1: McConnell to keep the senators righting for president in this 337 00:17:35,680 --> 00:17:38,120 Speaker 1: well of the Senate Chamber for six days a week, 338 00:17:38,240 --> 00:17:41,320 Speaker 1: seven hours a day. And so look that that's the 339 00:17:41,359 --> 00:17:43,960 Speaker 1: reality of it. And I think that you want to 340 00:17:44,000 --> 00:17:48,720 Speaker 1: talk will see Tad Mayor Pete Joe Biden are gonna 341 00:17:48,720 --> 00:17:52,080 Speaker 1: be totally unencumbered, um as they kind of trapes around 342 00:17:52,160 --> 00:17:55,040 Speaker 1: cedar rapids in Des Moines. UM. But look, I think 343 00:17:56,320 --> 00:17:58,639 Speaker 1: pivoting back, I think what you're gonna see is, I 344 00:17:58,680 --> 00:18:01,680 Speaker 1: think McConnell realized that it's it's in everyone's interest to 345 00:18:01,720 --> 00:18:04,439 Speaker 1: have a trial that is open. I think in Republicans interests, 346 00:18:04,440 --> 00:18:06,200 Speaker 1: they want one that doesn't seem like it was a 347 00:18:06,920 --> 00:18:09,080 Speaker 1: kind of a railroading so they can in you know, 348 00:18:09,160 --> 00:18:11,240 Speaker 1: in their mind, kind of absolve the president. And I 349 00:18:11,280 --> 00:18:14,159 Speaker 1: think certainly Democrats want the chance to you prosecute the 350 00:18:14,200 --> 00:18:16,359 Speaker 1: case to the public on the president. Listen. I'm pretty 351 00:18:16,359 --> 00:18:18,160 Speaker 1: sure if you talk to any Elizabeth Warren or Bernie 352 00:18:18,200 --> 00:18:20,680 Speaker 1: Sanders supporter, or Amy Klobish our supporter, for that matter, 353 00:18:20,720 --> 00:18:24,320 Speaker 1: they would understand that they're those their three presidential candidates 354 00:18:24,400 --> 00:18:27,639 Speaker 1: have a political obligation and a moral obligation and a 355 00:18:27,680 --> 00:18:31,240 Speaker 1: democratic obligation and a constitutional obligation to return back to 356 00:18:31,320 --> 00:18:33,399 Speaker 1: Capitol Hill and do their job. And they'll do just that. 357 00:18:33,520 --> 00:18:36,760 Speaker 1: And I think this sands whatever happens in the election. 358 00:18:36,840 --> 00:18:39,320 Speaker 1: I think this is an argument that Republicans are making 359 00:18:39,400 --> 00:18:42,120 Speaker 1: to sort of spook Democrats from having an impeachment hearing. 360 00:18:42,520 --> 00:18:45,040 Speaker 1: But I think what's really important here is that we 361 00:18:45,320 --> 00:18:47,399 Speaker 1: really look at the information that was brought out in 362 00:18:47,520 --> 00:18:50,000 Speaker 1: this investigation, that was brought up in this inquiry, And 363 00:18:50,000 --> 00:18:51,480 Speaker 1: not only did we see what was in this report, 364 00:18:51,560 --> 00:18:54,880 Speaker 1: we also saw the president in live real time sort 365 00:18:54,920 --> 00:18:57,639 Speaker 1: of bully a witness, right. We saw all of this 366 00:18:57,800 --> 00:19:00,280 Speaker 1: happen in live real time. And these are all things 367 00:19:00,280 --> 00:19:02,560 Speaker 1: that we should be asking stuff. This the behavior we 368 00:19:02,720 --> 00:19:05,240 Speaker 1: want exposed by the President of the United States of America. 369 00:19:05,400 --> 00:19:07,200 Speaker 1: So just if you're playing along on home, folks, So 370 00:19:07,960 --> 00:19:10,520 Speaker 1: the House Intel Committee in the next hour or so 371 00:19:10,760 --> 00:19:13,879 Speaker 1: going to likely on a party line vote. All indicators 372 00:19:14,000 --> 00:19:15,720 Speaker 1: is it will be a party line. They're going to 373 00:19:15,880 --> 00:19:19,480 Speaker 1: advance their report to the House Judiciary Committee, which is 374 00:19:19,520 --> 00:19:22,439 Speaker 1: set to outy hearing tomorrow that's chaired by Jerry Knadler, 375 00:19:22,520 --> 00:19:24,959 Speaker 1: the Democrat from New York. Then the reason we bring 376 00:19:25,080 --> 00:19:28,520 Speaker 1: up McConnell is because Senate Majority Leader Mitch McConnell has 377 00:19:28,640 --> 00:19:31,800 Speaker 1: to be planning behind the scenes for the rules for 378 00:19:32,040 --> 00:19:35,520 Speaker 1: the Senate trial. If Speaker Pelosi in the House of 379 00:19:35,600 --> 00:19:39,160 Speaker 1: Representatives votes to impeach President Trump and then it goes 380 00:19:39,280 --> 00:19:42,479 Speaker 1: to the Senate for a vote, a trial to convict. 381 00:19:42,560 --> 00:19:44,720 Speaker 1: If it's convicted, then the president gets removed from office. 382 00:19:44,720 --> 00:19:47,560 Speaker 1: All right, So here's why this matters. Bakana comes out 383 00:19:47,600 --> 00:19:51,240 Speaker 1: today and talks to reporters and says that he's going 384 00:19:51,400 --> 00:19:55,600 Speaker 1: to try to get a procedural package accomplished with Minority 385 00:19:55,720 --> 00:19:59,400 Speaker 1: Leader Chuck Schumer. That is what happened during the last 386 00:19:59,480 --> 00:20:03,440 Speaker 1: impeachment saga and the Clinton White House. Now, if Schumer 387 00:20:03,480 --> 00:20:07,960 Speaker 1: says absolutely not and there's no rules, McConnell, then likely 388 00:20:08,040 --> 00:20:11,760 Speaker 1: on a party line vote will advance a bill and 389 00:20:11,880 --> 00:20:16,160 Speaker 1: the Republicans will advance the bill on voting on rules 390 00:20:16,680 --> 00:20:19,560 Speaker 1: for the Senate trial. So what does that mean. It 391 00:20:19,680 --> 00:20:22,600 Speaker 1: means that there's gonna be hearing tomorrow. Then there's like 392 00:20:22,640 --> 00:20:24,480 Speaker 1: we're gonna be the impeachment vote maybe by the end 393 00:20:24,520 --> 00:20:26,040 Speaker 1: of the year, and you were still both hearing by 394 00:20:26,040 --> 00:20:28,359 Speaker 1: the end of the year in January, by the end 395 00:20:28,359 --> 00:20:30,920 Speaker 1: of the year, and then next then then the Senate, 396 00:20:31,000 --> 00:20:34,360 Speaker 1: the first big vote will be this fight over rules 397 00:20:35,080 --> 00:20:36,840 Speaker 1: for the road. All right, So that's where we stand 398 00:20:36,880 --> 00:20:38,280 Speaker 1: on in peach. But coming up, I want to pivot 399 00:20:38,320 --> 00:20:40,800 Speaker 1: the foreign policy. Did you guys hear about this President 400 00:20:40,880 --> 00:20:43,200 Speaker 1: Trump and French President Manuel McCrone? Did you see this? 401 00:20:43,440 --> 00:20:46,680 Speaker 1: Did you follow this? It was it was like I was, 402 00:20:47,200 --> 00:20:49,000 Speaker 1: I'm at the White House with our with our camera 403 00:20:49,040 --> 00:20:52,639 Speaker 1: guy Tim cost my good friend Tim Costs, and we 404 00:20:52,760 --> 00:20:56,680 Speaker 1: were it was fascinating as a reporter and who was 405 00:20:56,720 --> 00:20:59,680 Speaker 1: interested in foreign policy just to see French president of 406 00:20:59,720 --> 00:21:02,119 Speaker 1: mind you a McCrone and President Trump going toe to 407 00:21:02,240 --> 00:21:05,800 Speaker 1: toe across the pond as they say, that's coming up next. 408 00:21:05,880 --> 00:21:14,920 Speaker 1: I'm Kevin Cirelli. You're listening to Bloomberg. This is Bloomberg's 409 00:21:15,000 --> 00:21:19,639 Speaker 1: sound on with Kevin Surrele on Bloomberg and one oh 410 00:21:19,720 --> 00:21:24,159 Speaker 1: five point seven f m h D two. I'm Kevin Sireli, 411 00:21:24,240 --> 00:21:27,960 Speaker 1: Chief Ashington correspondent to Bloomberg Television and Bloomberg Radio. So 412 00:21:28,119 --> 00:21:32,560 Speaker 1: President Trump's traveling overseas and he is in London meeting 413 00:21:32,640 --> 00:21:36,560 Speaker 1: with various heads of state as part of the NATO Summit, 414 00:21:36,720 --> 00:21:40,320 Speaker 1: the seventy Year of NATO. All of this comes as 415 00:21:40,359 --> 00:21:43,359 Speaker 1: the President has been increasingly critical of the NATO alliance 416 00:21:44,000 --> 00:21:47,400 Speaker 1: and really as he's gone toe to toe with French 417 00:21:47,440 --> 00:21:51,399 Speaker 1: President Emmanuel McCrone. I'm joined by two political all stars 418 00:21:51,480 --> 00:21:55,400 Speaker 1: mc gorman, vice president at Targeted Victory and former NRCC 419 00:21:55,560 --> 00:21:59,320 Speaker 1: communications director, and Richard Fowler, nationally syndicated radio show host 420 00:21:59,359 --> 00:22:03,399 Speaker 1: on a Fox News contributored So this rerecovering this. It 421 00:22:03,520 --> 00:22:06,600 Speaker 1: was at the White House recovering this, and all of 422 00:22:06,680 --> 00:22:09,480 Speaker 1: a sudden they go into the back and forth with 423 00:22:09,560 --> 00:22:11,639 Speaker 1: the cameras and they get the press conference, and the 424 00:22:11,800 --> 00:22:15,720 Speaker 1: exchange between Trump and McCrone was riveting. I want to 425 00:22:15,760 --> 00:22:18,800 Speaker 1: play for you both the exchange, the back and forth. 426 00:22:19,320 --> 00:22:21,600 Speaker 1: Take a listen to what mccron and Trump had to 427 00:22:21,600 --> 00:22:25,240 Speaker 1: say about isis here. It is you'll norber one problem. 428 00:22:25,320 --> 00:22:28,479 Speaker 1: I'm not a foreign fighters. This is the ices fighters 429 00:22:28,520 --> 00:22:31,359 Speaker 1: and the ritten and you have more and more the 430 00:22:31,440 --> 00:22:34,480 Speaker 1: fighters due to the situation to be This is why 431 00:22:34,520 --> 00:22:36,520 Speaker 1: he's a great politician, because that was one of the 432 00:22:36,560 --> 00:22:42,880 Speaker 1: greatest non answers. And that's okay because sometimes though, if 433 00:22:42,920 --> 00:22:46,240 Speaker 1: you can have some temptation from the the US science, 434 00:22:46,280 --> 00:22:48,639 Speaker 1: I don't say, Boss President Crown, but it could be 435 00:22:48,680 --> 00:22:52,480 Speaker 1: suppressed to say this is the European restamonsibility. I'm sorry 436 00:22:52,520 --> 00:22:56,679 Speaker 1: to say that. I mean, it was really fascinating. Who 437 00:22:56,760 --> 00:22:59,960 Speaker 1: wants to who wants this first? Matt Richard going, Richard, 438 00:23:00,320 --> 00:23:02,720 Speaker 1: go ahead, because I mean to see it in real time, 439 00:23:03,760 --> 00:23:06,800 Speaker 1: to see Emmanuel McCrone go after President Trump and the 440 00:23:06,800 --> 00:23:10,520 Speaker 1: President really going after him back riveting. You know what 441 00:23:10,560 --> 00:23:13,160 Speaker 1: it reminded me of what did it remind you? Remind 442 00:23:13,200 --> 00:23:16,040 Speaker 1: me of a little movie called Love actually and uh, 443 00:23:16,920 --> 00:23:21,000 Speaker 1: you know when Billy and went after each other in 444 00:23:21,040 --> 00:23:23,880 Speaker 1: the one on one in the press conference. But all 445 00:23:23,960 --> 00:23:26,320 Speaker 1: jokes aside, how are you? That is my least favorite. 446 00:23:26,320 --> 00:23:31,120 Speaker 1: I never got so wrong on that whole entire life. 447 00:23:31,400 --> 00:23:35,399 Speaker 1: I think it's the most highly overrated holiday film ever invented. No, 448 00:23:35,520 --> 00:23:40,119 Speaker 1: that's a Christmas story. Oh yeah, invest is home alone. 449 00:23:40,800 --> 00:23:44,159 Speaker 1: Agree with that alright anyway, anyway, I never was a 450 00:23:44,200 --> 00:23:47,040 Speaker 1: love actually fans go ahead, yeah, I mean, look like 451 00:23:47,440 --> 00:23:49,640 Speaker 1: that was riveting. And you know, as I was reading 452 00:23:49,680 --> 00:23:52,639 Speaker 1: the story, how you know, the Trump both the Trump 453 00:23:52,680 --> 00:23:54,960 Speaker 1: White House and also the you know, friends and a 454 00:23:55,000 --> 00:23:57,159 Speaker 1: couple of air folks were prepping for this, and it 455 00:23:57,280 --> 00:23:59,639 Speaker 1: was very funny because this was this dyning because at 456 00:23:59,640 --> 00:24:01,240 Speaker 1: the center or of this whole NATO thing, right, the 457 00:24:01,560 --> 00:24:05,960 Speaker 1: McCrone Trump was a bromance, not much of a bromance anymore. 458 00:24:06,560 --> 00:24:09,480 Speaker 1: And you know, look, I think that part of it is, 459 00:24:09,920 --> 00:24:11,520 Speaker 1: you know, for the cameras, I think they you know, 460 00:24:11,600 --> 00:24:14,679 Speaker 1: they both wanted to seem strong against the other. Um, 461 00:24:15,280 --> 00:24:18,200 Speaker 1: you know. And look, I think you can certainly, I 462 00:24:18,240 --> 00:24:21,880 Speaker 1: think most Republicans oppose what Trump didn't when it came 463 00:24:21,920 --> 00:24:25,840 Speaker 1: to Syria recently. Um, you know. But I think as 464 00:24:25,880 --> 00:24:29,040 Speaker 1: long there's no action on NATO, he's reaffirming Article five 465 00:24:29,080 --> 00:24:31,119 Speaker 1: like you had to walk it back previously, you know, 466 00:24:31,560 --> 00:24:34,479 Speaker 1: and they seemed like the foreign countries wanted to kind 467 00:24:34,480 --> 00:24:36,800 Speaker 1: of plaque at him. I think that as long as 468 00:24:36,840 --> 00:24:38,920 Speaker 1: the actions not words, I think most problems will be Okay. 469 00:24:39,080 --> 00:24:40,840 Speaker 1: I think you cut that tension that you saw between 470 00:24:40,840 --> 00:24:42,320 Speaker 1: those two world leaders of the knife. I mean, the 471 00:24:42,400 --> 00:24:44,760 Speaker 1: tension was obvious, and I think it really speaks to 472 00:24:45,200 --> 00:24:48,040 Speaker 1: where McCrone sees himself in the world as Angela Merkel. 473 00:24:48,080 --> 00:24:50,280 Speaker 1: Power sort of weans right, and she becomes a weaker 474 00:24:50,400 --> 00:24:53,200 Speaker 1: leader and she sort of drifts off into the sunset 475 00:24:53,240 --> 00:24:55,520 Speaker 1: as which is what's happening. Europe is looking for a 476 00:24:55,600 --> 00:24:58,399 Speaker 1: new leader and McCrone wants that job. And so what 477 00:24:58,560 --> 00:25:00,520 Speaker 1: you saw there was a European lead who says, I 478 00:25:00,560 --> 00:25:03,119 Speaker 1: am sort of the voice of Europe. I speak for 479 00:25:03,240 --> 00:25:06,960 Speaker 1: Europeans all across across the entire Union, and I'm going 480 00:25:07,040 --> 00:25:09,280 Speaker 1: to take this president on in a very real way. 481 00:25:09,359 --> 00:25:11,320 Speaker 1: And that's what we saw. The backdrop to all of 482 00:25:11,359 --> 00:25:15,120 Speaker 1: this are tariffs, right that You've got You've got McCrone 483 00:25:15,160 --> 00:25:17,160 Speaker 1: and the French coming out within the last twenty four 484 00:25:17,200 --> 00:25:21,439 Speaker 1: hours with some digital taxation laws, and essentially that's going 485 00:25:21,480 --> 00:25:26,680 Speaker 1: to negatively impact Amazon, Facebook, the fang stocks. And Trump 486 00:25:26,720 --> 00:25:28,600 Speaker 1: doesn't like that. He actually said that in the press conference. 487 00:25:28,600 --> 00:25:31,080 Speaker 1: He said, Look, a lot of the CEOs of those 488 00:25:31,160 --> 00:25:33,000 Speaker 1: companies don't like me, but I don't like it. I 489 00:25:33,040 --> 00:25:35,640 Speaker 1: don't like this. It's it's for America at tax American companies, 490 00:25:35,680 --> 00:25:38,320 Speaker 1: not for for other companies. So there's this this really 491 00:25:38,960 --> 00:25:43,080 Speaker 1: heavy hitting backdrop where economically speaking, both of these world 492 00:25:43,200 --> 00:25:48,520 Speaker 1: leaders heading headed into this encounter with intense economic pressure. 493 00:25:49,119 --> 00:25:53,040 Speaker 1: But what I've found interesting is from a national security perspective, 494 00:25:54,280 --> 00:25:56,920 Speaker 1: both President Trump, we know the President Trump is attack 495 00:25:56,960 --> 00:25:59,359 Speaker 1: NADO in the past, and the US being the largest 496 00:25:59,400 --> 00:26:02,960 Speaker 1: investor of you know, but McCrone has been hitting, has 497 00:26:03,040 --> 00:26:05,440 Speaker 1: been hitting NATO and and called it and said that 498 00:26:05,560 --> 00:26:08,400 Speaker 1: NATO was on its quote unquote brain death. And President 499 00:26:08,440 --> 00:26:11,280 Speaker 1: Trump took that particular comment and this is what he 500 00:26:11,359 --> 00:26:15,280 Speaker 1: had to say about mccrone's rhetoric of NATO. Here is 501 00:26:15,760 --> 00:26:18,000 Speaker 1: it got to be unfair for the United States because 502 00:26:18,040 --> 00:26:20,480 Speaker 1: the United States was paying a disproportion of their mouth. 503 00:26:21,119 --> 00:26:24,560 Speaker 1: And I heard that President mccron said NATO is brain dead. 504 00:26:24,560 --> 00:26:28,560 Speaker 1: I think that's very insulting to a lot of different forces, 505 00:26:28,760 --> 00:26:31,240 Speaker 1: including Amanda. There's a very good job in running NATO. 506 00:26:32,920 --> 00:26:36,240 Speaker 1: But what I what I I say this with zero humor. 507 00:26:36,280 --> 00:26:38,760 Speaker 1: What I don't understand is what's the difference because President Trump, 508 00:26:38,800 --> 00:26:42,040 Speaker 1: Matt has been critical of NATO and now uh mccron 509 00:26:42,119 --> 00:26:44,320 Speaker 1: has been has been critical of NATO. He would agree 510 00:26:44,359 --> 00:26:46,639 Speaker 1: on this, It's true. No, I mean, look like I 511 00:26:47,040 --> 00:26:49,879 Speaker 1: think Trump's he's an opening politically, Like he's not going 512 00:26:49,960 --> 00:26:52,840 Speaker 1: to lose a single vote by a believing that europe 513 00:26:52,840 --> 00:26:56,000 Speaker 1: shape it's fair share, by be taking on the president 514 00:26:56,040 --> 00:26:59,560 Speaker 1: of France and see defending American corporations are American companies 515 00:27:00,320 --> 00:27:06,000 Speaker 1: against European taxes. So either of those scenarios, Um, he's 516 00:27:06,080 --> 00:27:09,159 Speaker 1: not going to lose politically at home. And and I 517 00:27:09,280 --> 00:27:11,440 Speaker 1: We've talked about this a lot. You're not going to 518 00:27:11,520 --> 00:27:13,480 Speaker 1: lose a single vote by taking on a foreign country, 519 00:27:13,480 --> 00:27:17,400 Speaker 1: whether it's China or Europe. UH in taking on them 520 00:27:17,480 --> 00:27:20,080 Speaker 1: when it comes to tariffs, I expect to differ on 521 00:27:20,200 --> 00:27:21,920 Speaker 1: that point. And don't get me wrong, I think I 522 00:27:22,000 --> 00:27:23,760 Speaker 1: think you're right in your initial analysis when it comes 523 00:27:23,800 --> 00:27:25,159 Speaker 1: to France. I don't think the president is going to 524 00:27:25,200 --> 00:27:27,120 Speaker 1: lose a vote there. But I think you can't look 525 00:27:27,160 --> 00:27:30,440 Speaker 1: at this particular McCrone sort of exchange in the vacuum. 526 00:27:30,440 --> 00:27:32,240 Speaker 1: You have to look at it from an entire worldview. 527 00:27:32,280 --> 00:27:34,080 Speaker 1: And from an entire world view, what you see is 528 00:27:34,160 --> 00:27:36,760 Speaker 1: is this a weekend president who was under an impeachment 529 00:27:37,440 --> 00:27:40,440 Speaker 1: inquiry at home, on top of that, he promised the 530 00:27:40,480 --> 00:27:42,879 Speaker 1: American people that he was going to set China straight. 531 00:27:43,200 --> 00:27:45,520 Speaker 1: And now here we sit going into year three of 532 00:27:45,600 --> 00:27:48,920 Speaker 1: this Chinese trade war with no solution, and the news 533 00:27:49,040 --> 00:27:51,520 Speaker 1: that broke today from the president's mouth is what, we 534 00:27:51,640 --> 00:27:54,200 Speaker 1: might not have a deal until the end after the election, 535 00:27:54,240 --> 00:27:59,840 Speaker 1: which another yeah, and which means this for manufacturers who 536 00:28:00,119 --> 00:28:01,760 Speaker 1: have to budget out there next year, they're not sure 537 00:28:01,760 --> 00:28:04,040 Speaker 1: what they're gonna do. For farmers, they're not sure what 538 00:28:04,119 --> 00:28:06,399 Speaker 1: they're gonna do, for vacuum makers, they're not sure what 539 00:28:06,480 --> 00:28:07,879 Speaker 1: they're gonna do. This is a really this has a 540 00:28:07,960 --> 00:28:10,720 Speaker 1: real implication. And if you read watching post over the weekend, 541 00:28:10,760 --> 00:28:13,080 Speaker 1: they talked they went back into Pennsylvania in the Midwest, 542 00:28:13,359 --> 00:28:15,159 Speaker 1: and they're crediting Trump because I saying he's the only 543 00:28:15,160 --> 00:28:17,240 Speaker 1: one actually taken on this issue, you know, and he's 544 00:28:17,280 --> 00:28:19,520 Speaker 1: the only one who's actually everybody's talked about, he's the 545 00:28:19,560 --> 00:28:22,080 Speaker 1: only one that's actually done it. I get that argument, 546 00:28:22,119 --> 00:28:23,960 Speaker 1: But the farm viewer also said that more farms have 547 00:28:24,040 --> 00:28:29,280 Speaker 1: gone bankrupt in the past year than like it. I'm impressed. Listen, 548 00:28:29,840 --> 00:28:32,520 Speaker 1: just to put a period on the on The foreign 549 00:28:32,560 --> 00:28:35,480 Speaker 1: policy talker was also struck by the development with regards 550 00:28:35,520 --> 00:28:39,080 Speaker 1: to Turkish President er Duan and both mccrawn and Trump 551 00:28:39,200 --> 00:28:43,720 Speaker 1: saying that they're going to be discussing Turkeys continued purchases 552 00:28:43,840 --> 00:28:46,120 Speaker 1: of the S four hundred from Russia that used to 553 00:28:46,200 --> 00:28:48,840 Speaker 1: be such a point of agreement where no NATO ally 554 00:28:49,440 --> 00:28:52,320 Speaker 1: would would purchase from Russia. I mean. And to see 555 00:28:52,560 --> 00:28:57,160 Speaker 1: two ideologically politically speaking opposed world leaders have to deal 556 00:28:57,240 --> 00:29:00,960 Speaker 1: with President air Dwan just so brazenly, it's quite remarkable 557 00:29:01,080 --> 00:29:03,160 Speaker 1: to say that this is after the Kevin the President 558 00:29:03,240 --> 00:29:04,680 Speaker 1: called air to Wan a friend, and I don't think 559 00:29:04,720 --> 00:29:06,720 Speaker 1: there's any good form palsy out there who thinks this 560 00:29:06,800 --> 00:29:08,800 Speaker 1: air to Wan is a friend, especially after his behavior 561 00:29:09,080 --> 00:29:10,880 Speaker 1: with the Kurds in Syria. Alright, coming up, what's on 562 00:29:10,960 --> 00:29:13,440 Speaker 1: the panel's radar? Download Bloomberg Salm on podcast on Apple, 563 00:29:13,480 --> 00:29:15,520 Speaker 1: it Tunes and Bloomberg dot Com, or by downloading the 564 00:29:15,640 --> 00:29:17,840 Speaker 1: Bloomberg Business app. You can also find us on Radio 565 00:29:17,920 --> 00:29:21,000 Speaker 1: dot com, I Heart Radio and Spotify. I'm Kevin Surreally 566 00:29:21,320 --> 00:29:29,240 Speaker 1: you're listening to Bloomberg. This is Bloomberg's sound on with 567 00:29:29,480 --> 00:29:33,880 Speaker 1: Kevin Shirley on Bloomberg and one oh five point seven 568 00:29:33,960 --> 00:29:37,560 Speaker 1: F M H D two of Kevin Cereli, Chief fashion 569 00:29:37,600 --> 00:29:40,680 Speaker 1: to correspondent from Boomberg TV and Radio, and MATC. Gorman's 570 00:29:40,720 --> 00:29:46,000 Speaker 1: Here Republican strategist and Richard Fowler Democratic talking Is talking 571 00:29:46,080 --> 00:29:49,920 Speaker 1: head a bad word? Ah? I don't know. Do you 572 00:29:50,080 --> 00:29:52,920 Speaker 1: do you identify as a talking Remember the talking Heads? 573 00:29:53,000 --> 00:29:57,120 Speaker 1: That band? Yeah, it's a good mand overrated. Sorry, I'm 574 00:29:57,160 --> 00:30:00,160 Speaker 1: just full of opinions today. It's the Christmas story of band? 575 00:30:00,200 --> 00:30:05,800 Speaker 1: Is what you're saying? No, no bands. I used to 576 00:30:05,840 --> 00:30:07,920 Speaker 1: know someone who was a big talk against fan. I 577 00:30:08,000 --> 00:30:11,120 Speaker 1: never got it. I never got it. Um, what was 578 00:30:11,160 --> 00:30:12,920 Speaker 1: I gonna say? Okay, what's on your radar? Who wants 579 00:30:12,920 --> 00:30:15,840 Speaker 1: to go first? I'll go first. Mac Garvin's jumping right 580 00:30:15,880 --> 00:30:17,680 Speaker 1: in there. He told me when he came, and he said, 581 00:30:17,880 --> 00:30:19,640 Speaker 1: wait to hear what's all my radar? I said, save that. 582 00:30:19,680 --> 00:30:22,400 Speaker 1: I want to be surprised, because Kevin, do you know 583 00:30:22,480 --> 00:30:26,920 Speaker 1: ten years ago what happened today? Ten years ago a 584 00:30:27,080 --> 00:30:30,400 Speaker 1: man named Mike sar and Tino and a woman named 585 00:30:30,520 --> 00:30:36,040 Speaker 1: Nicole Plizzi jump on the pop culture radar screen and 586 00:30:36,320 --> 00:30:40,480 Speaker 1: Jersey Shore was born Ladies and Gentlemen Jersey short years ago. 587 00:30:41,560 --> 00:30:43,160 Speaker 1: And I know you'd like that That's why I said 588 00:30:43,200 --> 00:30:46,680 Speaker 1: it related to politics. It's really not. But I wanted 589 00:30:46,720 --> 00:30:50,880 Speaker 1: the one I wanted I was politics. That this the 590 00:30:51,200 --> 00:30:54,120 Speaker 1: idea that um, but the real one is okay. Obviously 591 00:30:54,200 --> 00:30:57,840 Speaker 1: everybody knows Kamala Harris dropped years. You know, we should 592 00:30:57,920 --> 00:31:01,160 Speaker 1: just listen. If you don't like reality television, you're missing out. 593 00:31:01,320 --> 00:31:05,000 Speaker 1: I just that show is so iconic. Yes, reboot has 594 00:31:05,040 --> 00:31:08,520 Speaker 1: been great. You're admitting to the American people that you're 595 00:31:08,520 --> 00:31:10,320 Speaker 1: watching the reboot. I'm not a minting and I don't 596 00:31:10,320 --> 00:31:12,560 Speaker 1: believe in guilty pleasures. I think that that nothing. I 597 00:31:12,600 --> 00:31:14,360 Speaker 1: don't think that that should be a thing. I love 598 00:31:14,440 --> 00:31:19,120 Speaker 1: reality television. I love it so obviously commonly Harris dropped 599 00:31:19,160 --> 00:31:21,040 Speaker 1: out today. But what does that mean for the debate? 600 00:31:21,120 --> 00:31:24,080 Speaker 1: Stage right? It's gonna be all white? Um. Corey Booker 601 00:31:24,120 --> 00:31:26,840 Speaker 1: is still not yet qualified. Andrew Yang likely will, but 602 00:31:26,960 --> 00:31:30,400 Speaker 1: he hasn't yet. UM, So what are we looking at now? 603 00:31:31,320 --> 00:31:33,800 Speaker 1: You know where's your four percent? Two weeks Los Angeles? 604 00:31:34,240 --> 00:31:35,720 Speaker 1: I think we have some signs on where her four 605 00:31:35,760 --> 00:31:37,880 Speaker 1: percent goes. I mean what we saw today one of 606 00:31:38,000 --> 00:31:39,400 Speaker 1: her one of the person who with the person who 607 00:31:39,520 --> 00:31:41,880 Speaker 1: endorsed her, one of the I guess members of the 608 00:31:42,320 --> 00:31:45,240 Speaker 1: legislature in South Carolina, which his endorsement to Joe Biden, 609 00:31:45,320 --> 00:31:47,360 Speaker 1: I think, and that will be the move. Uh. And 610 00:31:47,480 --> 00:31:48,800 Speaker 1: I think it's I think that's a interesting point you 611 00:31:48,840 --> 00:31:50,120 Speaker 1: brought because it was at the same point that I 612 00:31:50,200 --> 00:31:52,200 Speaker 1: mentioned that you're not going to what's on your radar 613 00:31:52,280 --> 00:31:55,960 Speaker 1: just so, Yeah, that was the same thing. You can't 614 00:31:56,000 --> 00:31:57,160 Speaker 1: do that, you have to think on the spot of 615 00:31:57,240 --> 00:31:59,280 Speaker 1: something else. No, but this is actually a good thing 616 00:31:59,320 --> 00:32:01,040 Speaker 1: to be on the radar. Alright. This is the first 617 00:32:01,080 --> 00:32:04,400 Speaker 1: debate that will actually be only six candidates on the stage. Um. Yes, 618 00:32:04,520 --> 00:32:07,200 Speaker 1: this field, this candidate, this group of this pool of 619 00:32:07,280 --> 00:32:09,640 Speaker 1: candidates will be less diverse than we've seen prior to. 620 00:32:10,120 --> 00:32:11,840 Speaker 1: And I think it's gonna be very critical on these cands, 621 00:32:11,920 --> 00:32:14,080 Speaker 1: especially Joe Biden, who has a lion share of the 622 00:32:14,160 --> 00:32:16,360 Speaker 1: Black vote right now as well as as well as 623 00:32:16,360 --> 00:32:19,240 Speaker 1: the Latin xt vote, to really figure out to have 624 00:32:19,320 --> 00:32:21,120 Speaker 1: a great debate performance if he wants to continue to 625 00:32:21,160 --> 00:32:23,160 Speaker 1: be the front runner. And I think it's also going 626 00:32:23,200 --> 00:32:25,280 Speaker 1: to be it's going to be very important for Elizabeth 627 00:32:25,280 --> 00:32:28,160 Speaker 1: Warren as she goes into this debate to really figure 628 00:32:28,200 --> 00:32:30,800 Speaker 1: out how she's going to tell the story of I 629 00:32:30,920 --> 00:32:32,640 Speaker 1: have a plan for everything, how am I going to 630 00:32:32,680 --> 00:32:34,720 Speaker 1: pay for this? And what implication that's gonna have on 631 00:32:34,800 --> 00:32:39,479 Speaker 1: middle class families? All right, well, that's so boat. Kamala 632 00:32:39,560 --> 00:32:45,120 Speaker 1: Harris is what's on your radar. On the radar Kamala 633 00:32:45,160 --> 00:32:47,720 Speaker 1: has for the people, still for the people. One of 634 00:32:47,800 --> 00:32:53,440 Speaker 1: the people. But in all seriousness, such a serious contender, 635 00:32:54,200 --> 00:32:58,600 Speaker 1: a Democrats senator from California bursting onto the political scene, 636 00:32:58,640 --> 00:33:03,320 Speaker 1: the state's former attorney general, really had the prominent, most 637 00:33:03,440 --> 00:33:07,400 Speaker 1: memorable debate performance of this cycle thus far, and and 638 00:33:07,640 --> 00:33:10,720 Speaker 1: spent and dropping out. I mean, it is interesting. She 639 00:33:11,000 --> 00:33:12,800 Speaker 1: has the most raw political talent. I would have said 640 00:33:12,840 --> 00:33:15,080 Speaker 1: going into this year with any of the contenders, but 641 00:33:15,200 --> 00:33:17,280 Speaker 1: it will it was squandered. I think you know, she 642 00:33:17,440 --> 00:33:19,360 Speaker 1: didn't know who she was, and that was true, whether 643 00:33:19,440 --> 00:33:21,520 Speaker 1: it was her background or as a prosecutor. How to 644 00:33:21,600 --> 00:33:24,480 Speaker 1: deal with that the moderate versus left lane and simply 645 00:33:24,560 --> 00:33:26,560 Speaker 1: just how she talked about healthcare. She was not ready 646 00:33:26,600 --> 00:33:28,960 Speaker 1: for that, and she took her time in the first debate, 647 00:33:29,120 --> 00:33:31,200 Speaker 1: and it it squandered the second. And I would be 648 00:33:31,200 --> 00:33:33,080 Speaker 1: remiss if we didn't talk about the fact that she's 649 00:33:33,240 --> 00:33:35,880 Speaker 1: leaving the stage and on Tom Styer staying on the stage. 650 00:33:35,880 --> 00:33:37,720 Speaker 1: And the reason why I think that matters is because 651 00:33:38,160 --> 00:33:41,240 Speaker 1: remember the Kamala Harris spent a lot of time pressing 652 00:33:41,280 --> 00:33:43,800 Speaker 1: the flesh and raising money, raised a grand total of 653 00:33:43,880 --> 00:33:46,560 Speaker 1: twenty four million dollars. Tom Styars spent that out of 654 00:33:46,600 --> 00:33:48,880 Speaker 1: his personal wallet already, which really speaks to the problem 655 00:33:48,920 --> 00:33:51,680 Speaker 1: that we have with Yeah, and then the Michael Bloomberg 656 00:33:51,760 --> 00:33:54,320 Speaker 1: who spent who you know, spent a lot of money himself, 657 00:33:54,520 --> 00:33:57,760 Speaker 1: more double almost ten million more than Kamala Harris raised 658 00:33:57,760 --> 00:34:00,360 Speaker 1: for her entire campaign, just an add by, which really 659 00:34:00,480 --> 00:34:03,240 Speaker 1: speaks to the fact that we are in and we're 660 00:34:03,280 --> 00:34:05,880 Speaker 1: in an election where money in politics has a real impact, 661 00:34:05,920 --> 00:34:11,560 Speaker 1: and it could we have literally less than a minute. 662 00:34:11,560 --> 00:34:12,919 Speaker 1: I mean that, Do you think that's going to play 663 00:34:12,960 --> 00:34:14,719 Speaker 1: well in the base? All that money? Well, I think 664 00:34:15,000 --> 00:34:16,879 Speaker 1: I think all voters should be asking this up their question, 665 00:34:16,920 --> 00:34:19,040 Speaker 1: This question is is it okay to have this amount 666 00:34:19,080 --> 00:34:20,719 Speaker 1: of money in our politics? Do you think it will 667 00:34:20,760 --> 00:34:22,800 Speaker 1: play well with the Democrats? And no, I don't think so. 668 00:34:23,400 --> 00:34:25,000 Speaker 1: It's only just their money. They can do what they want. 669 00:34:25,360 --> 00:34:28,160 Speaker 1: Justice of disclaimer. Michael Bloomberg is the founder of majority 670 00:34:28,200 --> 00:34:32,719 Speaker 1: owner of Bloomberg, Bloomberg News. What's on my radar? Because 671 00:34:32,760 --> 00:34:35,279 Speaker 1: it is you know I I you guys picked the 672 00:34:35,320 --> 00:34:36,960 Speaker 1: same thing. I can say what's on my radar in 673 00:34:37,000 --> 00:34:40,640 Speaker 1: thirty seconds. North Korea. North Korea says that it was 674 00:34:40,680 --> 00:34:43,319 Speaker 1: preparing a choice of Christmas gifts for President Donald Trump 675 00:34:43,520 --> 00:34:45,800 Speaker 1: and the country's latest effort to pressure the US to 676 00:34:45,880 --> 00:34:49,160 Speaker 1: offer more concessions in nuclear talks before the new year. 677 00:34:49,360 --> 00:34:52,320 Speaker 1: I'm reading from the Bloomberg terminal. A top North Korean 678 00:34:52,360 --> 00:34:54,640 Speaker 1: diplomat said in a statement that the ONUS was on 679 00:34:54,719 --> 00:34:58,439 Speaker 1: the US to determine how the regime would behave through 680 00:34:58,640 --> 00:35:03,120 Speaker 1: the holiday season. They've accused the Trump administration of dragging out, 681 00:35:03,320 --> 00:35:07,440 Speaker 1: talked to bolden President Trump's political stance heading into the elections. 682 00:35:07,760 --> 00:35:09,280 Speaker 1: That does it for me. Thank you to our panel, 683 00:35:09,360 --> 00:35:11,959 Speaker 1: Thank you to Rob Strair. I'm Kevin Cirelli. You're listening 684 00:35:12,000 --> 00:35:12,480 Speaker 1: to Bloomberg.