1 00:00:00,440 --> 00:00:03,120 Speaker 1: Live from our nation's came this budget thing is going 2 00:00:03,160 --> 00:00:05,600 Speaker 1: to do nothing space forts. I still think it's interesting 3 00:00:05,640 --> 00:00:08,960 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,119 --> 00:00:14,200 Speaker 1: politics colliding. Floomberg Sound on the inside is the influencers, 5 00:00:14,320 --> 00:00:17,120 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,160 --> 00:00:20,040 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,120 --> 00:00:22,439 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,440 --> 00:00:25,800 Speaker 1: divide within Team Trump. The President has to do exactly 9 00:00:25,800 --> 00:00:27,320 Speaker 1: what people send him here to do, which is to 10 00:00:27,360 --> 00:00:31,240 Speaker 1: get it done. This is Bloomberg Sound On with Kevin 11 00:00:31,320 --> 00:00:35,800 Speaker 1: Shirley on Bloomberg and one oh five point seven fm 12 00:00:35,960 --> 00:00:40,440 Speaker 1: h D two. Happy Thanksgiving Eve Eve, everybody. I'm Kevin Cirelli, 13 00:00:40,560 --> 00:00:44,239 Speaker 1: Chief Washington correspondent for Bloomberg Television and Bloomberg Radio. If 14 00:00:44,280 --> 00:00:47,360 Speaker 1: you are on your way out traveling slow down, you 15 00:00:47,440 --> 00:00:50,000 Speaker 1: will get their drive safe. And I've got tons of 16 00:00:50,040 --> 00:00:52,839 Speaker 1: news to keep you company. There's a new Quditiac poll 17 00:00:52,920 --> 00:00:56,760 Speaker 1: out on the contenders. Bad news for Senator Elizabeth Warren, 18 00:00:56,800 --> 00:00:59,520 Speaker 1: good news for Joe Biden. We will dive into that. 19 00:00:59,760 --> 00:01:03,440 Speaker 1: More drama from the Secretary of the Navy. And did 20 00:01:03,440 --> 00:01:06,160 Speaker 1: you see what President Trump said about the centennial coin. 21 00:01:06,680 --> 00:01:08,959 Speaker 1: It went viral today. I'll give you the latest on that, 22 00:01:09,000 --> 00:01:13,360 Speaker 1: plus US China trade policy, Hong Kong protests. Jam packed 23 00:01:13,600 --> 00:01:19,160 Speaker 1: political policy show with some returning favorites and new political 24 00:01:19,200 --> 00:01:22,800 Speaker 1: all stars. Maddie Duppler returns, our friend of the program. 25 00:01:22,840 --> 00:01:25,920 Speaker 1: We're so grateful she's back. Senior fellow at the National 26 00:01:25,959 --> 00:01:30,440 Speaker 1: Taxpayers Union and former Coalitions director for the House Republican Conference. 27 00:01:30,440 --> 00:01:34,080 Speaker 1: Also a new mom of a beautiful baby, and we're 28 00:01:34,120 --> 00:01:35,920 Speaker 1: so happy to have you back. And Francis Creighton his 29 00:01:36,000 --> 00:01:38,399 Speaker 1: first time on the program, someone I've known for a 30 00:01:38,400 --> 00:01:41,280 Speaker 1: while here in Washington, d C. He's the president and 31 00:01:41,440 --> 00:01:46,280 Speaker 1: CEO of the Consumer Data Industry Association. He's a longtime 32 00:01:46,360 --> 00:01:50,160 Speaker 1: Democratic Capitol Hill staffer, including the former chief of staff 33 00:01:50,360 --> 00:01:53,840 Speaker 1: to Senator Chris Murphy. Francis welcome, thanks so much. And 34 00:01:53,920 --> 00:01:57,640 Speaker 1: Maddie Douppler are resident Republican. She you're you're back from 35 00:01:57,720 --> 00:02:00,320 Speaker 1: your back from attorney So how so can you just 36 00:02:00,320 --> 00:02:02,440 Speaker 1: give us an uptake because you're such a great friend 37 00:02:02,440 --> 00:02:05,280 Speaker 1: of the program. Well, I would say that my three 38 00:02:05,280 --> 00:02:07,560 Speaker 1: month old now cares not at all about my hot 39 00:02:07,560 --> 00:02:10,480 Speaker 1: takes on tax policy and the FED trying to see 40 00:02:10,520 --> 00:02:12,400 Speaker 1: if there was a germ of interest there and there 41 00:02:12,480 --> 00:02:15,640 Speaker 1: was not. Tried you shared something on on Instagram. I 42 00:02:15,639 --> 00:02:17,880 Speaker 1: think I was watching one of the press conferences, and 43 00:02:17,960 --> 00:02:19,840 Speaker 1: you know, they tell you that's good for brain developments 44 00:02:19,840 --> 00:02:21,080 Speaker 1: to talk to them. So I just talked to her 45 00:02:21,080 --> 00:02:23,639 Speaker 1: about what I'm interested about, and we'll see what happens 46 00:02:23,639 --> 00:02:27,880 Speaker 1: when she's older, whether exactly or if you need some 47 00:02:27,919 --> 00:02:30,600 Speaker 1: good bedtime music. I hear the FED share press conferences 48 00:02:30,720 --> 00:02:36,800 Speaker 1: make pretty good. Yeah, the cadence of talking about monetary policy. 49 00:02:36,840 --> 00:02:43,000 Speaker 1: I think it's just what the doctor ordered form precisely. Uh, Francis, 50 00:02:43,080 --> 00:02:44,880 Speaker 1: you're here as well. Okay, so we were just talking 51 00:02:44,960 --> 00:02:47,960 Speaker 1: about this a little bit before we came on air. 52 00:02:48,040 --> 00:02:51,079 Speaker 1: But did you see this. President Trump has been invited 53 00:02:51,560 --> 00:02:57,840 Speaker 1: by the House Judiciary Committee to attend an impeachment inquiry hearing. 54 00:02:58,880 --> 00:03:00,760 Speaker 1: I'm like, I don't know what he's gonna do. He's 55 00:03:00,800 --> 00:03:04,320 Speaker 1: said there is no question in my mind that the 56 00:03:04,360 --> 00:03:07,639 Speaker 1: President is going to show up as the star witness 57 00:03:07,680 --> 00:03:10,960 Speaker 1: in these proceedings. I mean, the President, you love him, 58 00:03:11,120 --> 00:03:13,320 Speaker 1: whatever your opinion the President is, I think it's pretty 59 00:03:13,520 --> 00:03:18,079 Speaker 1: unequivocal that he believes he is the best witness for 60 00:03:18,200 --> 00:03:21,960 Speaker 1: his case in front of the House impeachment proceedings. So 61 00:03:21,960 --> 00:03:25,000 Speaker 1: he's definitely gonna show up. Not only that, but he 62 00:03:25,200 --> 00:03:28,120 Speaker 1: loves to make a good spectacle, right right. What would 63 00:03:28,120 --> 00:03:33,040 Speaker 1: be a more highly publicized proceeding than the President himself 64 00:03:33,080 --> 00:03:35,480 Speaker 1: showing up on the hill to discuss his own case. 65 00:03:35,520 --> 00:03:37,880 Speaker 1: I mean that would be ratings gold and the President 66 00:03:37,920 --> 00:03:40,680 Speaker 1: would love well. From a messaging standpoint, Francis, I mean, 67 00:03:40,680 --> 00:03:43,880 Speaker 1: he was criticized for live tweeting during the other hearings, 68 00:03:43,960 --> 00:03:46,960 Speaker 1: and he was, you know, accused of everything from witness 69 00:03:46,960 --> 00:03:49,640 Speaker 1: intimidation and the like. If he were to show up 70 00:03:50,000 --> 00:03:52,760 Speaker 1: and be able to do this, it would essentially be 71 00:03:52,920 --> 00:03:55,520 Speaker 1: like a press conference for the President of the United States. 72 00:03:55,840 --> 00:03:57,440 Speaker 1: It would, but it puts him in the middle of 73 00:03:57,480 --> 00:03:59,440 Speaker 1: the whole thing. What he should do is look back 74 00:03:59,440 --> 00:04:02,240 Speaker 1: to what Prision and Clinton did during the nineties impeachment. 75 00:04:02,480 --> 00:04:04,440 Speaker 1: He should go out, He should sign more bills like 76 00:04:04,520 --> 00:04:06,720 Speaker 1: he did today. He should go out and do rallies 77 00:04:06,760 --> 00:04:09,320 Speaker 1: around U. S. M c A, talk about jobs, talk 78 00:04:09,360 --> 00:04:11,840 Speaker 1: about drug prices, talk about all of these different things, 79 00:04:12,120 --> 00:04:16,840 Speaker 1: and get away from impeachment. Nobody, nobody benefits from any 80 00:04:16,839 --> 00:04:19,279 Speaker 1: of this. This is just driving us further and further 81 00:04:19,360 --> 00:04:22,160 Speaker 1: and further down. But he's got some good things to 82 00:04:22,200 --> 00:04:24,400 Speaker 1: talk about. He should talk about those things, right, but 83 00:04:24,440 --> 00:04:31,120 Speaker 1: he's not going to. I mean, and to your point, uh, Francis, 84 00:04:31,120 --> 00:04:32,960 Speaker 1: I mean Mark pet according to the Washington Post, a 85 00:04:32,960 --> 00:04:36,920 Speaker 1: long time political chameleon who but got his start as 86 00:04:36,920 --> 00:04:40,760 Speaker 1: a senior advisor to former President Bill Clinton, was apparently 87 00:04:40,760 --> 00:04:42,760 Speaker 1: at the White House, according to the Post, for an 88 00:04:42,800 --> 00:04:47,880 Speaker 1: hour last week talking about impeachment. Well, and I think, Francis, 89 00:04:47,960 --> 00:04:51,160 Speaker 1: what could potentially change a little bit with what you're 90 00:04:51,160 --> 00:04:54,080 Speaker 1: talking about is what happens over this recess. Right, So, 91 00:04:54,120 --> 00:04:56,560 Speaker 1: now we've had what is supposed to be this shift 92 00:04:57,000 --> 00:05:00,320 Speaker 1: from Democrats holding these proceedings in secret to get now 93 00:05:00,320 --> 00:05:02,400 Speaker 1: it's out in public. Now they think they've really brought 94 00:05:02,440 --> 00:05:04,120 Speaker 1: their case to the American public, and they're going to 95 00:05:04,120 --> 00:05:06,040 Speaker 1: continue to do so. We have a recess in the 96 00:05:06,080 --> 00:05:08,120 Speaker 1: middle of these proceedings where members have to go home 97 00:05:08,160 --> 00:05:11,400 Speaker 1: and see if that is the case. That is the 98 00:05:11,440 --> 00:05:14,480 Speaker 1: test case here. I believe that they're not going to 99 00:05:14,480 --> 00:05:16,279 Speaker 1: get the kind of feedback that a lot of the 100 00:05:16,320 --> 00:05:18,840 Speaker 1: really progressive wing thinks that they're getting back home. I 101 00:05:18,839 --> 00:05:21,040 Speaker 1: think a lot of these guys particularly the folks who 102 00:05:21,120 --> 00:05:23,760 Speaker 1: are in seats that are not you know, D plus 103 00:05:23,760 --> 00:05:26,120 Speaker 1: a million. They're gonna go home and they're gonna hear 104 00:05:26,120 --> 00:05:27,880 Speaker 1: exactly the complaint that you just laid out, which is, 105 00:05:27,920 --> 00:05:29,719 Speaker 1: what the heck else are you doing here? This is 106 00:05:29,720 --> 00:05:32,440 Speaker 1: not Yeah, what what is getting done? We sent you 107 00:05:32,520 --> 00:05:35,680 Speaker 1: to Congress to do things. What are those things? So 108 00:05:35,760 --> 00:05:38,520 Speaker 1: let's let's keep absolutely, we're gonna talk about some of 109 00:05:38,560 --> 00:05:40,040 Speaker 1: the things that they're not doing. U S m c 110 00:05:40,160 --> 00:05:41,880 Speaker 1: A coming up, us trying to trade talks, as well 111 00:05:41,920 --> 00:05:43,760 Speaker 1: as a host of other issues. But let's just to 112 00:05:43,839 --> 00:05:48,000 Speaker 1: go through the daily impeachment chatter. Last night, as we 113 00:05:48,040 --> 00:05:50,040 Speaker 1: concluded the show, we got the court ruling from the 114 00:05:50,080 --> 00:05:52,680 Speaker 1: district judge saying that Domagan was going to have to 115 00:05:52,720 --> 00:05:57,080 Speaker 1: comply with the impeachment subpoenas. Now, the Justice Department lawyers 116 00:05:57,080 --> 00:05:59,920 Speaker 1: have asked a judge to put on hold a ruling 117 00:06:00,120 --> 00:06:06,640 Speaker 1: requiring that he testify before the before the panel. Steve Cohen, 118 00:06:06,680 --> 00:06:10,279 Speaker 1: who was a Democrat from Tennessee, he's on the Judiciary Committee. 119 00:06:10,560 --> 00:06:14,039 Speaker 1: He spoke to reporters earlier today. Take a listen to 120 00:06:14,080 --> 00:06:17,440 Speaker 1: what Congressman Cohen had to say. We could be shocked 121 00:06:17,680 --> 00:06:20,360 Speaker 1: and Don McGann could say I've been ordered, I'm gonna 122 00:06:20,400 --> 00:06:21,719 Speaker 1: come in. But I think he left it up to 123 00:06:21,760 --> 00:06:23,920 Speaker 1: the Court of Appeals and to see if they would 124 00:06:23,920 --> 00:06:26,280 Speaker 1: issue a stay, and if they take the case, they 125 00:06:26,279 --> 00:06:29,680 Speaker 1: will issue a state I'd be shocked if McGann came in. 126 00:06:30,160 --> 00:06:33,480 Speaker 1: So meanwhile, Secretary of State Mike Pompeo has been asked 127 00:06:33,520 --> 00:06:36,359 Speaker 1: about the matter pertaining to Ukraine. He was asked about 128 00:06:36,400 --> 00:06:39,440 Speaker 1: that earlier today at a press conference at the State's Department. 129 00:06:39,680 --> 00:06:43,360 Speaker 1: Here's the Secretary of State. We continued to comply with 130 00:06:43,760 --> 00:06:46,280 Speaker 1: all the legal requirements. You saw we released documents. I 131 00:06:46,279 --> 00:06:48,880 Speaker 1: guess it was last week. Now we'll continue to do 132 00:06:48,960 --> 00:06:53,560 Speaker 1: that as required by law and as appropriate. But all 133 00:06:53,600 --> 00:06:55,560 Speaker 1: of this comes again if you're just joining us at 134 00:06:55,560 --> 00:06:58,880 Speaker 1: the House Judiciary Committee, chaired by, of course, the Democrat 135 00:06:58,960 --> 00:07:02,120 Speaker 1: from New York, Jerry Adler. He has asked for President 136 00:07:02,120 --> 00:07:07,080 Speaker 1: Trump to testify on December four or his attorney, and 137 00:07:07,120 --> 00:07:08,760 Speaker 1: the back and forth the other week was that the 138 00:07:08,760 --> 00:07:13,040 Speaker 1: President welcomed the opportunity to either submit written answers or whatnot. 139 00:07:13,480 --> 00:07:17,080 Speaker 1: Um And we're gathering that the Intelligence Committee is also 140 00:07:17,160 --> 00:07:19,280 Speaker 1: beginning to put together a report to submit to the 141 00:07:19,360 --> 00:07:24,480 Speaker 1: Judiciary Committee articles of impeachment. According to Chairman Nadler, the 142 00:07:24,480 --> 00:07:28,040 Speaker 1: president would have until December one, which is, if you're 143 00:07:28,240 --> 00:07:32,520 Speaker 1: playing along your home folks, this Sunday, Sunday after Thanksgiving break. 144 00:07:33,080 --> 00:07:35,240 Speaker 1: So just in a couple of days to reply with 145 00:07:35,240 --> 00:07:37,520 Speaker 1: whether or not he is going to do so, just 146 00:07:37,800 --> 00:07:40,200 Speaker 1: you know, I don't like to play predictor, But what 147 00:07:40,240 --> 00:07:42,120 Speaker 1: do we think. I don't think he's going to do it. 148 00:07:42,200 --> 00:07:45,320 Speaker 1: I think I think he'll either send his attorney or 149 00:07:45,360 --> 00:07:48,400 Speaker 1: asked for written questions he could to himself. I think 150 00:07:48,440 --> 00:07:51,200 Speaker 1: this is why Nancy Pelosi, when she was asked this 151 00:07:51,280 --> 00:07:53,040 Speaker 1: question I think it was last week, kind of left 152 00:07:53,040 --> 00:07:55,760 Speaker 1: it are open to both written questions or him testifying, 153 00:07:55,800 --> 00:07:59,200 Speaker 1: because she also appreciates that the president is someone who 154 00:07:59,240 --> 00:08:01,160 Speaker 1: takes up all the ason in the room, and he'd 155 00:08:01,160 --> 00:08:05,280 Speaker 1: certainly believe that he can be that he can be hard. Yes, 156 00:08:05,280 --> 00:08:07,880 Speaker 1: I don't be there. I think cooler heads prevail and 157 00:08:08,040 --> 00:08:10,800 Speaker 1: that he's worried about the perjury trap and that ultimately 158 00:08:10,920 --> 00:08:13,280 Speaker 1: the lawyers tell him not to do it, and he 159 00:08:13,360 --> 00:08:16,520 Speaker 1: eventually says, I'm not going to do it. But you're right, though, 160 00:08:16,680 --> 00:08:18,880 Speaker 1: he loves good TV and this would be. I mean, yeah, 161 00:08:19,160 --> 00:08:21,120 Speaker 1: I could. I really do see both sides of this, 162 00:08:21,160 --> 00:08:23,280 Speaker 1: but I don't want to move away. But this is 163 00:08:23,280 --> 00:08:25,880 Speaker 1: just such a fascinating conundrum for the White House to 164 00:08:25,920 --> 00:08:28,760 Speaker 1: be talking about on this, I mean, because he's he's 165 00:08:28,800 --> 00:08:30,679 Speaker 1: labeled at a witch on he said, it's a scam. 166 00:08:31,000 --> 00:08:33,320 Speaker 1: He said, he's, you know, trying to get folks to 167 00:08:33,360 --> 00:08:37,200 Speaker 1: not take it seriously. But I mean, you ever see 168 00:08:37,320 --> 00:08:40,199 Speaker 1: a few good men, you know at the end. That's 169 00:08:40,240 --> 00:08:43,000 Speaker 1: what But that's what could happen here, is that Jerry 170 00:08:43,040 --> 00:08:45,199 Speaker 1: Nadler just pushes him and pushes him and push him 171 00:08:45,200 --> 00:08:50,480 Speaker 1: and says and I actually think, I mean truthfully, if 172 00:08:50,520 --> 00:08:52,760 Speaker 1: you're looking at it from like a media perspective, I mean, 173 00:08:52,760 --> 00:08:55,320 Speaker 1: we reporters are shouting questions at the guy. You know, 174 00:08:56,000 --> 00:08:59,959 Speaker 1: a lot this would actually be it's a Republican and democratic, 175 00:09:00,000 --> 00:09:03,360 Speaker 1: Republican and Democrat, you know, and a lot more structure 176 00:09:03,400 --> 00:09:05,400 Speaker 1: that's right here. But like think about the times where 177 00:09:05,440 --> 00:09:08,440 Speaker 1: we've had like really when the president has taken has 178 00:09:08,440 --> 00:09:10,319 Speaker 1: actually gone to podium and sat in the press room 179 00:09:10,360 --> 00:09:12,080 Speaker 1: with you guys, and the thing goes on for an 180 00:09:12,120 --> 00:09:13,720 Speaker 1: hour and a half and he asked you, you know, 181 00:09:13,760 --> 00:09:15,360 Speaker 1: like do you want me to be done with this? 182 00:09:15,440 --> 00:09:17,920 Speaker 1: And everyone says no, no, no, we love He just 183 00:09:18,080 --> 00:09:20,319 Speaker 1: has this magnative about him. And some people think he 184 00:09:20,400 --> 00:09:21,880 Speaker 1: used that for good. Some people think he used that 185 00:09:21,920 --> 00:09:25,000 Speaker 1: for bad. But I think that the president, given the opportunity, 186 00:09:25,080 --> 00:09:27,520 Speaker 1: wants to take the lumps against Jerry Nadal and thinks 187 00:09:27,520 --> 00:09:29,000 Speaker 1: he could beat him. And let's not forget that he 188 00:09:29,040 --> 00:09:33,960 Speaker 1: and Jerry Nadler have a long history different you guys. 189 00:09:34,000 --> 00:09:35,520 Speaker 1: I know, I've get in Shuben for saying it's I 190 00:09:35,559 --> 00:09:39,360 Speaker 1: kind of hope he does go and great that not 191 00:09:39,640 --> 00:09:43,120 Speaker 1: just like the stamp on twenty nineteen. If that happens, 192 00:09:43,240 --> 00:09:47,120 Speaker 1: the folks your turkey this Thursday, so we can all 193 00:09:47,160 --> 00:09:49,000 Speaker 1: rest up for that, all right. Coming up, we're gonna 194 00:09:49,000 --> 00:09:51,400 Speaker 1: pivots a policy. I spent way much longer on that 195 00:09:51,559 --> 00:09:53,360 Speaker 1: than I thought, way much more time than I thought 196 00:09:53,360 --> 00:09:55,120 Speaker 1: I was going through. But that's a juicy topic for 197 00:09:55,160 --> 00:10:02,679 Speaker 1: me tonight tonight coming up, panel stays Francis Craton. I 198 00:10:02,679 --> 00:10:04,880 Speaker 1: feel like you've been on before, so great to have 199 00:10:04,920 --> 00:10:07,319 Speaker 1: you in the studio. Mattie Tuppler is back. Download The 200 00:10:07,320 --> 00:10:09,800 Speaker 1: Bloomberg Sound on podcasts on Apple it Tunes at Bloomberg 201 00:10:09,800 --> 00:10:11,960 Speaker 1: dot Com or by downloading the Bloomberg Business app. You 202 00:10:12,000 --> 00:10:14,240 Speaker 1: can also find us on Radio dot com, I Heart 203 00:10:14,360 --> 00:10:17,040 Speaker 1: Radio and Spotify. I'm Kevin CURRELLI for just a few 204 00:10:17,120 --> 00:10:20,079 Speaker 1: days from Gobble Gobble Day, and you are listening to Bloomberg. 205 00:10:25,120 --> 00:10:28,600 Speaker 1: You're listening to Bloomberg. Sound On with Kevin Surley on 206 00:10:28,679 --> 00:10:32,160 Speaker 1: Bloomberg and one oh five point seven f M h 207 00:10:32,320 --> 00:10:34,880 Speaker 1: D two. I'm still basking in the glow of the 208 00:10:35,000 --> 00:10:37,679 Speaker 1: aura of Mary Ann Williamson who joined us on our 209 00:10:37,720 --> 00:10:40,560 Speaker 1: program yesterday. And you know, I just I feel like 210 00:10:40,640 --> 00:10:43,959 Speaker 1: that that vibe, that vibe is what I'm going to 211 00:10:44,040 --> 00:10:46,640 Speaker 1: carry with me into this into this week, regardless of 212 00:10:46,640 --> 00:10:49,280 Speaker 1: whether or not you agree with their politics. And I'm not, um, 213 00:10:49,320 --> 00:10:51,400 Speaker 1: you know, having an assessment on that. I'm just journalists, 214 00:10:51,400 --> 00:10:54,360 Speaker 1: but you know, it was it was a vibe. Francis 215 00:10:54,360 --> 00:10:57,000 Speaker 1: Craton's here. He is the president and CEO of the 216 00:10:57,040 --> 00:11:01,520 Speaker 1: Consumer Data Industry Association, longtime dem Hill staffer and served 217 00:11:01,559 --> 00:11:04,400 Speaker 1: as the chiefest staff to Senator Chris Murphy. How Senator 218 00:11:04,440 --> 00:11:07,280 Speaker 1: Murphy doing. It's great. Yeah, he's great. He's loving his job. 219 00:11:07,760 --> 00:11:10,360 Speaker 1: He's in the middle of all of this, and uh, 220 00:11:10,480 --> 00:11:12,960 Speaker 1: you know, it's it's interesting and exciting for him, and 221 00:11:13,080 --> 00:11:16,480 Speaker 1: I'm curious what his long term ambitions are or long 222 00:11:16,640 --> 00:11:19,000 Speaker 1: term career path is. I mean, he could really be 223 00:11:19,080 --> 00:11:22,280 Speaker 1: a player on a host of different tracks. I could. 224 00:11:22,280 --> 00:11:25,360 Speaker 1: I could see him doing many things, as as could you. 225 00:11:25,360 --> 00:11:29,480 Speaker 1: You're not and the Dumbler's back. Senior fellow at the 226 00:11:29,559 --> 00:11:33,440 Speaker 1: National Taxpayers Union, former Coalitions director to the House Republican Conference. 227 00:11:33,440 --> 00:11:35,760 Speaker 1: All right, Maria Williams, And I asked her in the 228 00:11:35,800 --> 00:11:38,760 Speaker 1: break yesterday, I said, what's your favorite poem? And this 229 00:11:38,800 --> 00:11:40,600 Speaker 1: is what I was teasing for for both of you, guys, 230 00:11:40,800 --> 00:11:46,640 Speaker 1: what do you think Marian Williamson's favorite poem is Trees 231 00:11:46,640 --> 00:11:49,040 Speaker 1: by Joyce Kilmer. Oh, that's a that's a good no. 232 00:11:49,160 --> 00:11:53,960 Speaker 1: It's the Second Coming by Yates and that famous line 233 00:11:54,760 --> 00:11:58,880 Speaker 1: things fall apart the center cannot hold very deep deep. 234 00:11:59,280 --> 00:12:02,079 Speaker 1: The reason I asked question is because I had lunch 235 00:12:02,120 --> 00:12:06,360 Speaker 1: with actually dessert with my high school English teacher over 236 00:12:06,400 --> 00:12:09,680 Speaker 1: the weekend back home, and I asked him for a 237 00:12:09,679 --> 00:12:12,400 Speaker 1: poem to read, because that's he's the man, and I 238 00:12:12,440 --> 00:12:14,880 Speaker 1: haven't seen him in twelve at least twelve years. I 239 00:12:14,880 --> 00:12:17,160 Speaker 1: haven't seen him in a very long ten years. At 240 00:12:17,200 --> 00:12:19,360 Speaker 1: least a decade, and he told me to read Digging 241 00:12:19,679 --> 00:12:22,360 Speaker 1: by Shamus Haney and Mr Roper. If you are listening, 242 00:12:22,400 --> 00:12:25,720 Speaker 1: I have read it multiple times over the past twenty 243 00:12:25,760 --> 00:12:30,920 Speaker 1: four hours. So let's talk policy. Let's talk policy, my friends. Uh, 244 00:12:31,040 --> 00:12:33,080 Speaker 1: did you see this? Because President Trump was asked about 245 00:12:33,080 --> 00:12:38,000 Speaker 1: the Hong Kong Bill from Poems to policy with how's 246 00:12:38,040 --> 00:12:41,120 Speaker 1: that for a pivot? Christine Barrado or ep Uh, he 247 00:12:41,160 --> 00:12:42,840 Speaker 1: was asked about the Hong Kong Bill. Take a listen 248 00:12:42,880 --> 00:12:44,880 Speaker 1: to Trump on the Hong Kong Bill here is or 249 00:12:44,960 --> 00:12:47,320 Speaker 1: with them, I have a very good relationship, as you know, 250 00:12:47,440 --> 00:12:49,840 Speaker 1: with President She. We're in the final throws of a 251 00:12:50,120 --> 00:12:53,360 Speaker 1: very important deal. I guess you could say, one of 252 00:12:53,360 --> 00:12:57,640 Speaker 1: the most important deals in trade ever. It's going very well. 253 00:12:57,679 --> 00:12:59,120 Speaker 1: But at the same time, we want to see it 254 00:12:59,160 --> 00:13:01,520 Speaker 1: go well in Hong Kong, and I think it will. 255 00:13:01,600 --> 00:13:04,280 Speaker 1: I think that the President She can make that happen. 256 00:13:04,679 --> 00:13:08,760 Speaker 1: So it's interesting because he still has hasn't I mean 257 00:13:08,840 --> 00:13:11,040 Speaker 1: he is he is he going to sign it? Do 258 00:13:10,880 --> 00:13:12,959 Speaker 1: we still not? So far as I know, we don't know. 259 00:13:13,280 --> 00:13:16,439 Speaker 1: So it's it's so interesting to me, right because I'm 260 00:13:16,480 --> 00:13:19,400 Speaker 1: a tax and trade and financial person, and everything. I 261 00:13:19,440 --> 00:13:21,200 Speaker 1: see everything through the lens of like trade and what's 262 00:13:21,200 --> 00:13:23,880 Speaker 1: happening in US China right now. And I don't quite 263 00:13:23,920 --> 00:13:26,880 Speaker 1: appreciate this hemming and hawing on the Hong Kong issue, 264 00:13:26,920 --> 00:13:29,440 Speaker 1: not only because on its own virtue is it important. 265 00:13:29,760 --> 00:13:33,120 Speaker 1: But we're nearing the December fifteen deadline for the neutronch 266 00:13:33,120 --> 00:13:35,520 Speaker 1: of tariffs to go into effect in the United States 267 00:13:35,760 --> 00:13:38,800 Speaker 1: needs to be able to show that something is happening 268 00:13:38,800 --> 00:13:41,920 Speaker 1: on the US China trade front right So to sign 269 00:13:42,040 --> 00:13:44,720 Speaker 1: the Hong Kong Bill now and or excuse me to 270 00:13:44,840 --> 00:13:46,600 Speaker 1: argue that you can't sign the Hong Kong Bill because 271 00:13:46,640 --> 00:13:49,120 Speaker 1: that might upset the delicate balance of the negotiations between 272 00:13:49,200 --> 00:13:52,959 Speaker 1: US China trade would suggest that those negotiations are still 273 00:13:53,080 --> 00:13:55,440 Speaker 1: quite delicate. And I think that is not the message 274 00:13:55,440 --> 00:13:58,200 Speaker 1: that the administration wants to send either. So I think 275 00:13:58,600 --> 00:14:00,360 Speaker 1: the administration might be looking at this and gaing damn 276 00:14:00,360 --> 00:14:02,520 Speaker 1: if you do, damn if you don't. But I think 277 00:14:02,520 --> 00:14:04,600 Speaker 1: it would send a very strong signal that they are 278 00:14:04,640 --> 00:14:07,319 Speaker 1: secure in their negotiating position on US China trade and 279 00:14:07,360 --> 00:14:10,200 Speaker 1: they can continue to have those conversations outside of what 280 00:14:10,240 --> 00:14:11,800 Speaker 1: happens at the BELL. I would like to see the 281 00:14:11,800 --> 00:14:14,640 Speaker 1: President of the United States, the leader of the free world, 282 00:14:15,000 --> 00:14:19,280 Speaker 1: say very clearly and specifically what America's values are, what 283 00:14:19,360 --> 00:14:22,160 Speaker 1: we expect the Chinese to do, How if the Chinese 284 00:14:22,160 --> 00:14:24,960 Speaker 1: want to continue to be part of the global community, 285 00:14:25,040 --> 00:14:27,480 Speaker 1: that they are going to treat the protesters in Hong 286 00:14:27,560 --> 00:14:30,480 Speaker 1: Kong right. Saying Oh, I just think that everything's going 287 00:14:30,520 --> 00:14:33,120 Speaker 1: to work out fine is troubling to me. He needs 288 00:14:33,160 --> 00:14:35,800 Speaker 1: to state what do we stand for as Americans? And 289 00:14:35,800 --> 00:14:39,160 Speaker 1: in some and in some sense, this is a prime 290 00:14:39,200 --> 00:14:41,480 Speaker 1: opportunity for the President to do that because we've had 291 00:14:41,520 --> 00:14:43,760 Speaker 1: so much muddling about with the with the NBA, really 292 00:14:43,800 --> 00:14:46,160 Speaker 1: stepping in a bunch of you know, the pop culture 293 00:14:46,280 --> 00:14:49,440 Speaker 1: conversation on this has been very disappointing. The President could 294 00:14:49,520 --> 00:14:54,880 Speaker 1: really exactly all this virtue signaling from these celebrities and 295 00:14:54,920 --> 00:14:58,400 Speaker 1: just really really I think taking us a several steps 296 00:14:58,400 --> 00:15:00,800 Speaker 1: backward from where we have been previous. As the leader 297 00:15:00,800 --> 00:15:04,480 Speaker 1: of the free world, I think the President could step 298 00:15:04,480 --> 00:15:05,920 Speaker 1: in and say, as he has wanted to do in 299 00:15:05,960 --> 00:15:08,240 Speaker 1: many other issues, say I'm going to lead here, I'm 300 00:15:08,240 --> 00:15:09,720 Speaker 1: going to make our mark. I'm going to make sure 301 00:15:09,720 --> 00:15:11,840 Speaker 1: that America is first on these but it really is 302 00:15:11,880 --> 00:15:15,520 Speaker 1: interesting and and obviously Congress could override the veto in 303 00:15:15,560 --> 00:15:18,720 Speaker 1: a in a blink. And I thought that Senator Marco Rubio, 304 00:15:18,800 --> 00:15:20,720 Speaker 1: the Republican from Florida, who has been driving this in 305 00:15:20,720 --> 00:15:23,360 Speaker 1: the Senate, I think he has really emerged as a 306 00:15:23,640 --> 00:15:27,520 Speaker 1: leader on this particular issue. Beyond that, just to catch 307 00:15:27,520 --> 00:15:29,560 Speaker 1: everybody up to speed, is where things stand for the 308 00:15:29,640 --> 00:15:32,240 Speaker 1: for the Phase one deal. There was a talk, a 309 00:15:32,240 --> 00:15:37,440 Speaker 1: talk a call today Treasury Secretary Minution huh his Chinese 310 00:15:37,480 --> 00:15:41,040 Speaker 1: counterpart and visions getting good and thank you, and um, 311 00:15:41,320 --> 00:15:44,520 Speaker 1: I've mispronounced his name so many times, and so many 312 00:15:44,520 --> 00:15:48,560 Speaker 1: people have told me, both listeners and some of my 313 00:15:48,640 --> 00:15:51,760 Speaker 1: awesome colleagues have have all told me that. So but 314 00:15:51,880 --> 00:15:53,920 Speaker 1: I think I just said it right there. And uh, 315 00:15:53,960 --> 00:15:56,120 Speaker 1: and US Trade Bob Lynheiser, they were having a call. 316 00:15:56,160 --> 00:15:59,760 Speaker 1: So they're still inching closer. I guess to that December 317 00:15:59,760 --> 00:16:02,840 Speaker 1: five see deadline when billions dollars worth of tariffs could 318 00:16:02,840 --> 00:16:04,880 Speaker 1: go up. Uh. And then on the U s m 319 00:16:04,960 --> 00:16:08,400 Speaker 1: c A front, I mean, every time I interview a 320 00:16:08,440 --> 00:16:14,240 Speaker 1: Republican staffer, ballmaker, administration official, they're like, when is usmc 321 00:16:14,320 --> 00:16:18,400 Speaker 1: A going to get done? And you know, Frances I 322 00:16:18,680 --> 00:16:20,280 Speaker 1: take us behind the scenes. What are you hearing from 323 00:16:20,280 --> 00:16:22,960 Speaker 1: your Democratic friends about U S m c A. The 324 00:16:22,960 --> 00:16:24,960 Speaker 1: big thing is the calendar. You've got to get this 325 00:16:25,040 --> 00:16:27,240 Speaker 1: thing scheduled. We've only got a couple more weeks before 326 00:16:27,280 --> 00:16:30,120 Speaker 1: the end of the year, and they're just seems to 327 00:16:30,160 --> 00:16:34,360 Speaker 1: be not the um momentum to actually get it onto 328 00:16:34,360 --> 00:16:36,640 Speaker 1: the calendar and to get it scheduled, and to call 329 00:16:36,720 --> 00:16:39,200 Speaker 1: the question, hey, are we going to do it or not? 330 00:16:39,480 --> 00:16:42,040 Speaker 1: And then you make members make the decision one way 331 00:16:42,120 --> 00:16:43,920 Speaker 1: or the other. And here's what I think could start 332 00:16:43,960 --> 00:16:46,320 Speaker 1: to change that calculus, which again a lot is writing 333 00:16:46,400 --> 00:16:48,720 Speaker 1: on this work period members back in their districts. But 334 00:16:48,760 --> 00:16:51,360 Speaker 1: I think that's what one of the things Nancy Plosi 335 00:16:51,480 --> 00:16:53,480 Speaker 1: is waiting on. If her members come back and they 336 00:16:53,520 --> 00:16:56,360 Speaker 1: say impeachment isn't resonating, and that seems to be the case. 337 00:16:56,400 --> 00:16:58,800 Speaker 1: All the polling indicates that these hearings have done nothing 338 00:16:58,840 --> 00:17:02,480 Speaker 1: to change public perception on impeachment. If they're members come 339 00:17:02,480 --> 00:17:04,320 Speaker 1: back and say we need to have a win going 340 00:17:04,359 --> 00:17:06,960 Speaker 1: into this new year when we need to start campaigning, 341 00:17:06,960 --> 00:17:09,160 Speaker 1: I think that could really flip the switch for Pelosi 342 00:17:09,200 --> 00:17:10,600 Speaker 1: and whining to get U S m c A done. 343 00:17:10,640 --> 00:17:13,000 Speaker 1: And then we know when Nancy Pelosi in control. If 344 00:17:13,040 --> 00:17:15,040 Speaker 1: she says we're doing this, members will line up to 345 00:17:15,119 --> 00:17:18,560 Speaker 1: vote for it. Um. Also, President Trump parted not one, 346 00:17:18,640 --> 00:17:20,879 Speaker 1: but two turkeys today that this is the most important 347 00:17:20,880 --> 00:17:24,560 Speaker 1: story to day. And I will say I looked online 348 00:17:24,600 --> 00:17:26,880 Speaker 1: at the profiles the turkey. I'm a girl from Wisconsin. 349 00:17:26,960 --> 00:17:28,720 Speaker 1: I always vote dairy. I wanted Butter to get the 350 00:17:28,760 --> 00:17:31,600 Speaker 1: party and he did. Yeah, go back, hold we are 351 00:17:31,600 --> 00:17:37,240 Speaker 1: having the worst season, is the interesting thing about? No, God, no, uh, 352 00:17:37,440 --> 00:17:41,040 Speaker 1: if anything, I'm a Giants fan, but I'm not. But 353 00:17:41,520 --> 00:17:45,520 Speaker 1: the president actually did something that presidents do without any 354 00:17:45,880 --> 00:17:48,119 Speaker 1: drama today, which is kind of a big but did 355 00:17:48,200 --> 00:17:49,879 Speaker 1: you hear what he said that was like a major 356 00:17:50,000 --> 00:17:55,080 Speaker 1: swife at Democrats. Yeah. He he went off script a 357 00:17:55,080 --> 00:17:58,080 Speaker 1: little bit and analogize the turkey pardoning to his own 358 00:17:58,240 --> 00:18:02,359 Speaker 1: interactions with the Democrat might even it's okay. So so 359 00:18:02,440 --> 00:18:05,960 Speaker 1: my point is even the littlest thing that a president 360 00:18:06,000 --> 00:18:08,760 Speaker 1: can do that's just a normal, regular course of business, 361 00:18:08,800 --> 00:18:12,160 Speaker 1: you get a nice little uh media opportunity out of it. 362 00:18:12,400 --> 00:18:15,520 Speaker 1: Even then he can't control himself from throwing out a 363 00:18:15,520 --> 00:18:17,560 Speaker 1: little bit. Well, here's a sound bite from the Turkey 364 00:18:17,600 --> 00:18:21,040 Speaker 1: Parton about the stock market. Here is but bread and butter. 365 00:18:21,960 --> 00:18:27,600 Speaker 1: I should note that, unlike previous witnesses, you and I 366 00:18:27,640 --> 00:18:33,879 Speaker 1: have actually met. It's very unusual. I don't even I 367 00:18:33,920 --> 00:18:42,200 Speaker 1: don't the most bizarre tradition in Washington. I'm getting so overtime. 368 00:18:42,240 --> 00:18:44,080 Speaker 1: But I will tell you the first time that the 369 00:18:44,480 --> 00:18:48,000 Speaker 1: television ever allowed me to guest anchor on television, it 370 00:18:48,119 --> 00:18:51,159 Speaker 1: was a Turkey Parton, and I felt like I was 371 00:18:51,200 --> 00:18:54,760 Speaker 1: both the sportscaster a Bloomberg television correspondent. I was like 372 00:18:54,760 --> 00:18:56,399 Speaker 1: trying to mix the markets, but I was doing like 373 00:18:56,400 --> 00:18:59,000 Speaker 1: a play by play of like the President of the 374 00:18:59,080 --> 00:19:03,680 Speaker 1: United States pardoning turkeys. Coming up much more policy, poultry 375 00:19:03,840 --> 00:19:09,399 Speaker 1: and politics with our favorite all star panel. My favorite poem, 376 00:19:09,440 --> 00:19:12,560 Speaker 1: for what It's worth, is called the Mountain by Robert Frost. 377 00:19:12,720 --> 00:19:19,960 Speaker 1: You're listening to Bloomberg. You're listening to Bloomberg Sound On 378 00:19:20,040 --> 00:19:24,080 Speaker 1: with Kevin Shirley on Bloomberg and one on five point 379 00:19:24,119 --> 00:19:27,520 Speaker 1: seven f m h D two Hungry Heart by the 380 00:19:27,600 --> 00:19:30,600 Speaker 1: legendary Bruce Springsteen, one of my all time favorites. I'm 381 00:19:30,680 --> 00:19:35,040 Speaker 1: Kevin Curley, cheap Washington correspondent for Bloomberg Television and Bloomberg Radio. 382 00:19:35,119 --> 00:19:38,960 Speaker 1: Maddie Doppler's here, Francis Creighton's here, Mattie, what's your favorite poem? 383 00:19:39,080 --> 00:19:40,360 Speaker 1: You asked me this in the break and I still 384 00:19:40,359 --> 00:19:41,840 Speaker 1: haven't come up with one. I'm not much of a 385 00:19:41,840 --> 00:19:44,359 Speaker 1: poetry writer. You have about twenty four minutes just as 386 00:19:44,440 --> 00:19:46,119 Speaker 1: it to me that I should read this to the baby. 387 00:19:46,240 --> 00:19:47,760 Speaker 1: So I'm gonna start. So what should I start with? 388 00:19:49,000 --> 00:19:53,720 Speaker 1: Kate Ates? But I I my favorite childhood authors was 389 00:19:53,760 --> 00:19:56,679 Speaker 1: always rolled All road Dolls, Great Road Dolls, Great, I 390 00:19:56,720 --> 00:19:59,680 Speaker 1: Relaxhall Silverstein as a kid. Yeah, what's your favorite poem? 391 00:20:00,200 --> 00:20:02,280 Speaker 1: Lake Isle of innis free by Yates? Okay, put that 392 00:20:02,359 --> 00:20:04,080 Speaker 1: on the email chain because I want I want to 393 00:20:04,080 --> 00:20:08,800 Speaker 1: read that. There's a twenty poll out UH today Quinnipiac. 394 00:20:08,920 --> 00:20:11,959 Speaker 1: Good news for Biden, bad news for Boring. And then 395 00:20:11,960 --> 00:20:13,840 Speaker 1: we gotta talk about Booty jug She went viral today. 396 00:20:13,840 --> 00:20:15,399 Speaker 1: I don't know if you've been following this about the 397 00:20:15,400 --> 00:20:17,760 Speaker 1: African American vote. There was this column on the Root 398 00:20:17,840 --> 00:20:21,760 Speaker 1: dot com and it's been you know. Kamala Harris was 399 00:20:21,760 --> 00:20:24,879 Speaker 1: on MSNBC criticizing him for comparing the l g B 400 00:20:25,000 --> 00:20:28,879 Speaker 1: t q UM advancement of civil rights with the African 401 00:20:28,880 --> 00:20:32,920 Speaker 1: American Civil Rights Uh so, let's start with the poll. 402 00:20:33,280 --> 00:20:35,600 Speaker 1: Joe Biden. I'm reading from the Bloomberg terminal, Ryan tek 403 00:20:35,680 --> 00:20:38,960 Speaker 1: beckwith Joe Biden has established a strong lead in the 404 00:20:39,000 --> 00:20:42,440 Speaker 1: Democratic primary fight as Elizabeth Warren standing has dropped. A 405 00:20:42,600 --> 00:20:46,160 Speaker 1: national poll released Tuesday showed the former Vice president has 406 00:20:46,240 --> 00:20:52,760 Speaker 1: retaken the top spot in the Quinnipiac University National pollent 407 00:20:52,800 --> 00:20:56,720 Speaker 1: for Biden. That's up from from in the October poll, 408 00:20:56,920 --> 00:21:01,600 Speaker 1: but two percent for Biden, and Warren is now at four. 409 00:21:02,920 --> 00:21:08,440 Speaker 1: She's down fourteen percentage points from from that same survey 410 00:21:08,640 --> 00:21:10,560 Speaker 1: at the end of last month, and she's tied with 411 00:21:10,600 --> 00:21:15,719 Speaker 1: Bernie Sanders and Pete Buddha Jedge. We always talk about Warren, Buddha, Gedge, 412 00:21:15,960 --> 00:21:21,479 Speaker 1: and Biden, Bernie Sanders, and I repeat, Bernie Sanders has 413 00:21:21,560 --> 00:21:27,840 Speaker 1: been the most consistent performer this entire race. I think 414 00:21:27,880 --> 00:21:31,600 Speaker 1: that's true. But thin and Biden. Sorry that I was 415 00:21:31,600 --> 00:21:34,679 Speaker 1: gonna say is that Sanders has been consistent, but not 416 00:21:34,840 --> 00:21:38,520 Speaker 1: in a way that is uh, that shows strength in 417 00:21:38,560 --> 00:21:41,520 Speaker 1: the campaign. It shows constancy, which doesn't win you a 418 00:21:41,560 --> 00:21:44,080 Speaker 1: presidential campaign. It shows you that he has a bulk 419 00:21:44,080 --> 00:21:46,760 Speaker 1: of support that probably isn't going to move off of him. Um, 420 00:21:46,800 --> 00:21:50,040 Speaker 1: it shows you that he has some staying power, but 421 00:21:50,240 --> 00:21:51,960 Speaker 1: he is also one of the ones that gets the 422 00:21:51,960 --> 00:21:55,639 Speaker 1: headlines and gets has the most to suffer from when 423 00:21:55,680 --> 00:21:57,640 Speaker 1: you get a new entranto the race. So that's when 424 00:21:57,680 --> 00:21:59,720 Speaker 1: Biden came in. You saw Sanders suffer as a result 425 00:21:59,720 --> 00:22:02,400 Speaker 1: of that. When Elizabeth Warren started to really become ascendant, 426 00:22:02,400 --> 00:22:04,800 Speaker 1: the question was how that takes away from Sanders? And 427 00:22:04,840 --> 00:22:09,880 Speaker 1: so I don't see him as competing alongside the other 428 00:22:10,440 --> 00:22:13,760 Speaker 1: folks who are consistently pulling at least a roundgument from 429 00:22:13,760 --> 00:22:19,040 Speaker 1: from from Bernie world. Is okay? If if Warren starts 430 00:22:19,040 --> 00:22:21,159 Speaker 1: to go down, Francis and you know this, talk tell 431 00:22:21,200 --> 00:22:24,440 Speaker 1: me about your Democratic friends. If Warren starts to go down, 432 00:22:25,119 --> 00:22:26,760 Speaker 1: you're gonna hear from Bernie. And you heard it on 433 00:22:26,800 --> 00:22:29,800 Speaker 1: the Medicare for All debate. He's I'm paraphrasing, I'm the 434 00:22:29,800 --> 00:22:32,280 Speaker 1: O G progressive. If you want a progressive, go to me. 435 00:22:32,640 --> 00:22:35,040 Speaker 1: Warren voters. Warren voters are gonna go to Bernie, and 436 00:22:35,040 --> 00:22:37,800 Speaker 1: Bernie voters are gonna go to Warren. Right and and 437 00:22:37,800 --> 00:22:40,639 Speaker 1: and I think what I'm interested in this poll is 438 00:22:40,920 --> 00:22:43,480 Speaker 1: the stability at the top of the list that you 439 00:22:43,480 --> 00:22:46,200 Speaker 1: have from hand, that it's who are just continually getting 440 00:22:46,240 --> 00:22:49,159 Speaker 1: double digits. Nobody else is getting double digits. So if 441 00:22:49,200 --> 00:22:52,080 Speaker 1: they're staying like this now and nobody else is able 442 00:22:52,119 --> 00:22:54,240 Speaker 1: to break in, but no one else is able to 443 00:22:54,280 --> 00:22:56,320 Speaker 1: get the fifty, you know, when everyone else is at 444 00:22:56,320 --> 00:22:58,600 Speaker 1: twenty or something. Could you end up in a place 445 00:22:58,600 --> 00:23:01,280 Speaker 1: where you go through all the primaries and you have 446 00:23:01,440 --> 00:23:07,919 Speaker 1: four candidates proportionately breaking up the the delegates and walking 447 00:23:07,920 --> 00:23:10,879 Speaker 1: in with a truly open convention. Al Right, Tucker Carlson 448 00:23:10,920 --> 00:23:14,359 Speaker 1: has been also getting into debate. He's saying that former 449 00:23:14,400 --> 00:23:17,960 Speaker 1: President Obama hasn't fact Joe Biden because Michelle Obama could run. 450 00:23:18,000 --> 00:23:19,600 Speaker 1: Do you think Michelle is this Should we be taking 451 00:23:19,600 --> 00:23:21,840 Speaker 1: this seriously ca Michelle Obama getting the race? I don't 452 00:23:21,960 --> 00:23:25,520 Speaker 1: think so. I think that And the problem is that 453 00:23:25,560 --> 00:23:29,200 Speaker 1: Michelle Obama politically suffers from the same issues that Biden 454 00:23:29,280 --> 00:23:31,240 Speaker 1: is suffering from right now. Having to answer for the 455 00:23:31,320 --> 00:23:33,320 Speaker 1: last eight years that brought us to the point where 456 00:23:33,359 --> 00:23:34,840 Speaker 1: we have Trump, I think is one of the political 457 00:23:34,920 --> 00:23:38,639 Speaker 1: liabilities there. But secondly, you know, Biden has proven that 458 00:23:38,680 --> 00:23:42,119 Speaker 1: he can't be progressive enough for the left blank of 459 00:23:42,160 --> 00:23:44,560 Speaker 1: the party, but he also can't be moderate enough to 460 00:23:44,600 --> 00:23:47,119 Speaker 1: bring people into the fold. Michelle Obama might be a 461 00:23:47,160 --> 00:23:51,680 Speaker 1: little bit more. I think it's smart whoever is advising 462 00:23:51,800 --> 00:23:54,439 Speaker 1: or is smart though, because people there's a giant question 463 00:23:54,480 --> 00:23:57,280 Speaker 1: mark about what her political future could be. In question 464 00:23:57,320 --> 00:24:01,320 Speaker 1: mark means various opportunities. The very last person I'm turning 465 00:24:01,320 --> 00:24:04,000 Speaker 1: to for advice on what's going to happen in the 466 00:24:04,000 --> 00:24:07,119 Speaker 1: Democratic primaries Tucker Carlson, Right, I mean where is he? 467 00:24:07,359 --> 00:24:11,000 Speaker 1: That's the question of her political future is an open 468 00:24:11,119 --> 00:24:13,480 Speaker 1: ended one. I mean she could sure, she could run 469 00:24:13,560 --> 00:24:16,119 Speaker 1: for something, and Chelsea Clinton could run for something or 470 00:24:16,400 --> 00:24:18,879 Speaker 1: you know whatever. But has she done anything to suggest 471 00:24:18,920 --> 00:24:21,479 Speaker 1: that she's going to run. No, it's just people right now. 472 00:24:21,560 --> 00:24:23,960 Speaker 1: We're at the point in the campaign where they want 473 00:24:24,080 --> 00:24:26,840 Speaker 1: something new. During two thousand and four, it led to 474 00:24:26,920 --> 00:24:30,360 Speaker 1: the Wesley Clark campaign and then we had Fred Thompson 475 00:24:30,440 --> 00:24:32,040 Speaker 1: jumping into the last minute. But I think that this 476 00:24:32,200 --> 00:24:34,959 Speaker 1: thesis has actually been tested with the fact that Clinton 477 00:24:35,040 --> 00:24:37,280 Speaker 1: didn't win a Bush dropped out of the primaries last 478 00:24:37,280 --> 00:24:39,399 Speaker 1: time around. I mean, both sides are sick of this 479 00:24:39,640 --> 00:24:42,359 Speaker 1: legacy talk. They want to see something new because they 480 00:24:42,400 --> 00:24:44,119 Speaker 1: think that the people who have been in power on 481 00:24:44,240 --> 00:24:46,320 Speaker 1: both sides the isisle have screwed up so much that 482 00:24:46,400 --> 00:24:48,280 Speaker 1: we need new people, We need new ideas in Washington. 483 00:24:48,520 --> 00:24:50,760 Speaker 1: So people to judge is thirty eight years old or 484 00:24:50,800 --> 00:24:53,280 Speaker 1: whatever he is and Elizabeth Warren ten years ago or 485 00:24:53,520 --> 00:24:56,600 Speaker 1: fifteen years ago was a college professor, right, I mean, 486 00:24:56,680 --> 00:24:59,879 Speaker 1: we are getting fresh faces. How would you size up 487 00:25:00,000 --> 00:25:03,680 Speaker 1: Francis had the way that Buddha Jedge has has his 488 00:25:03,800 --> 00:25:08,040 Speaker 1: political playbook in the last week since the last debate. Well, 489 00:25:08,080 --> 00:25:11,000 Speaker 1: he's trying to take advantage of this momentum that he's had. 490 00:25:11,119 --> 00:25:14,359 Speaker 1: But yet he's run into the big problem that Democratic 491 00:25:14,400 --> 00:25:16,800 Speaker 1: candidates have, which is if you don't have support among 492 00:25:16,840 --> 00:25:19,680 Speaker 1: the African American community, you can't survive in a Democratic 493 00:25:19,680 --> 00:25:22,760 Speaker 1: primary African American voters. It literally has zero percent of 494 00:25:23,200 --> 00:25:25,520 Speaker 1: in South Carolina, right and then and then it speaks 495 00:25:25,560 --> 00:25:28,359 Speaker 1: of the weakness about our nominating process that we have 496 00:25:28,520 --> 00:25:32,560 Speaker 1: Iowa and New Hampshire, two very very uh white states 497 00:25:33,080 --> 00:25:35,520 Speaker 1: going first, but then we go into South Carolina, and 498 00:25:35,560 --> 00:25:38,119 Speaker 1: then we go into Nevada, which are more diverse. We 499 00:25:38,160 --> 00:25:40,560 Speaker 1: could do a whole show on ways that would make 500 00:25:40,600 --> 00:25:43,920 Speaker 1: it more fair or less fair, and that's right. And 501 00:25:44,000 --> 00:25:45,960 Speaker 1: I have a crazy idea, maybe have a raffle and 502 00:25:46,040 --> 00:25:49,320 Speaker 1: have like different days of different Super Tuesdays and then 503 00:25:49,359 --> 00:25:51,640 Speaker 1: like you raffle off the state. Super Tuesday this year 504 00:25:51,920 --> 00:25:54,440 Speaker 1: is I think one of the biggest Super Tuesdays that 505 00:25:54,520 --> 00:25:56,959 Speaker 1: we had in several cycles. So it's gonna be. There 506 00:25:57,119 --> 00:25:59,959 Speaker 1: was a proposal back in the day where Super Tuesday 507 00:26:00,000 --> 00:26:03,000 Speaker 1: would move regionally from election towards, which I didn't. You know, 508 00:26:03,200 --> 00:26:06,359 Speaker 1: what do I know? I'm not an expert. Uh coming up? 509 00:26:06,440 --> 00:26:09,639 Speaker 1: What's on the panel's radar? Download Bloomberg is owt on 510 00:26:09,640 --> 00:26:12,399 Speaker 1: podcast on Apple latuns at Bloomberg dot com, or by 511 00:26:12,440 --> 00:26:15,000 Speaker 1: downloading the Bloomberg Business app. You can also find us 512 00:26:15,040 --> 00:26:18,080 Speaker 1: on Radio dot com, I Heart Radio, and Spotify. I'm 513 00:26:18,160 --> 00:26:21,320 Speaker 1: Kevin SERELLI. If you're driving anywhere for Thanksgiving, make sure 514 00:26:21,359 --> 00:26:25,520 Speaker 1: you slow down, don't count of car crash, and be safe. 515 00:26:25,680 --> 00:26:32,680 Speaker 1: You're listening to Bloomberg. You're listening to Bloomberg. Sound On 516 00:26:32,880 --> 00:26:36,880 Speaker 1: with Kevin Sireley on Bloomberg and one oh five point 517 00:26:36,960 --> 00:26:39,160 Speaker 1: seven f M H D two. I love that song. 518 00:26:39,320 --> 00:26:43,280 Speaker 1: Matt Kearney. Matt Kearney is just the best, uh, one 519 00:26:43,320 --> 00:26:45,919 Speaker 1: of my all time favorites. I'm Kevin Cirelli, Chief Washington 520 00:26:45,960 --> 00:26:49,399 Speaker 1: correspondent for Bloomberg Television and Bloomberg Radio. Francis Creighton, this 521 00:26:49,480 --> 00:26:51,600 Speaker 1: is your first time on the show. Yeah it is. 522 00:26:51,640 --> 00:26:56,000 Speaker 1: How's it going? Uh? You tell me. I'm Maddie Doumblers 523 00:26:56,080 --> 00:26:58,960 Speaker 1: here as well, along a long time favorite of the show, 524 00:26:59,200 --> 00:27:02,040 Speaker 1: Francis Europe. Uh. You're the president and CEO of the 525 00:27:02,080 --> 00:27:05,680 Speaker 1: Consumer Data Industry Association. What's on your agenda for the 526 00:27:05,800 --> 00:27:10,080 Speaker 1: next couple of months. Well, we work with the Hill 527 00:27:10,400 --> 00:27:12,760 Speaker 1: on all sorts of issues. Any so, anything moving into 528 00:27:12,800 --> 00:27:15,440 Speaker 1: banking space, anything to change regulation in the banking space, 529 00:27:15,440 --> 00:27:17,919 Speaker 1: we're interested in, and we work with our partners up 530 00:27:17,920 --> 00:27:20,320 Speaker 1: there in the Banking Committee to Financial Services Committee. But 531 00:27:20,400 --> 00:27:24,159 Speaker 1: the big thing right now privacy in California, that that 532 00:27:24,240 --> 00:27:26,639 Speaker 1: privacy bill is so far reaching and it's kind of 533 00:27:26,720 --> 00:27:30,080 Speaker 1: like an American version of gdp R. But instead of 534 00:27:30,119 --> 00:27:32,200 Speaker 1: taking ten years to be done, it was basically done 535 00:27:32,200 --> 00:27:35,000 Speaker 1: in two weeks in Sacramento. And so what what would 536 00:27:35,000 --> 00:27:37,320 Speaker 1: the negative impacts of it? Well, it's all it's going 537 00:27:37,359 --> 00:27:41,080 Speaker 1: into effect on January one, Attorney General, but Sarah needs 538 00:27:41,080 --> 00:27:43,800 Speaker 1: to put out some regulations. But it's got some really 539 00:27:43,960 --> 00:27:48,760 Speaker 1: deep impacts for your listeners, particularly Bloombery listeners. Uh. And 540 00:27:48,800 --> 00:27:51,480 Speaker 1: I don't think people have really understood uh the I 541 00:27:51,520 --> 00:27:54,440 Speaker 1: mean it's a there's a long topic, and people really 542 00:27:54,480 --> 00:27:57,960 Speaker 1: do well come back on and s are good people 543 00:27:58,040 --> 00:28:00,680 Speaker 1: up on Capitol Hill that that are really in the space. 544 00:28:00,800 --> 00:28:05,200 Speaker 1: Lawmaker A Wise, Roger Wicker is terrific on privacy. Maria 545 00:28:05,280 --> 00:28:08,119 Speaker 1: Kntwell is really terrific on it. And then there's a 546 00:28:08,160 --> 00:28:12,040 Speaker 1: congresswoman from Washington State named Susanne del Benny. Yeah, she 547 00:28:12,080 --> 00:28:14,760 Speaker 1: used worked from Microsoft, and she's probably, I think the 548 00:28:14,800 --> 00:28:17,080 Speaker 1: most thoughtful person I've heard talk about this. She really 549 00:28:17,840 --> 00:28:19,920 Speaker 1: gets it on all sides. She wants to make sure 550 00:28:19,960 --> 00:28:22,960 Speaker 1: that information is available and out there, but also that 551 00:28:23,080 --> 00:28:25,280 Speaker 1: Americans privacy totally putting you on the spottery. Now. But 552 00:28:26,760 --> 00:28:29,320 Speaker 1: last week in the Spinner, when I bumped into Andrew Yang, 553 00:28:29,440 --> 00:28:32,800 Speaker 1: he he has this idea to create an international type 554 00:28:32,840 --> 00:28:35,400 Speaker 1: of trade, not trade, but like the World Trade Organization 555 00:28:35,480 --> 00:28:40,400 Speaker 1: for data. Good idea, bad idea. The Obama administration kind 556 00:28:40,440 --> 00:28:44,280 Speaker 1: of floated something similar of of a anti hacking almost 557 00:28:44,360 --> 00:28:47,400 Speaker 1: truce between Russia, US, China and the major w Yeah, 558 00:28:47,440 --> 00:28:49,880 Speaker 1: that's that's a bigger issue. And uh, you know, cyber 559 00:28:49,920 --> 00:28:53,920 Speaker 1: warfare is something that's being practiced right now against the 560 00:28:54,000 --> 00:28:57,240 Speaker 1: United States and everything from the Sony hack and on down, 561 00:28:57,320 --> 00:29:00,800 Speaker 1: and we have no international norms about what should happen there. 562 00:29:00,840 --> 00:29:03,200 Speaker 1: And you know, I've asked people before, do we need 563 00:29:03,360 --> 00:29:07,959 Speaker 1: a sort of Vienna convention on on cyber things? Right? 564 00:29:08,040 --> 00:29:11,200 Speaker 1: And it's scary when you think about how the Russians, 565 00:29:11,480 --> 00:29:14,800 Speaker 1: uh and others have used cyber operations in the Baltics, 566 00:29:15,200 --> 00:29:17,200 Speaker 1: in Ukraine and in other places. So you guys, do 567 00:29:17,240 --> 00:29:22,200 Speaker 1: the artificial intelligence were not really very specific on consumer data, 568 00:29:22,480 --> 00:29:24,160 Speaker 1: the things that are covered by what's called the fair 569 00:29:24,200 --> 00:29:27,520 Speaker 1: credit reporting Okay, got it, got it? Okay, So now 570 00:29:27,560 --> 00:29:29,480 Speaker 1: it's time for my favorite part of the show, which 571 00:29:29,560 --> 00:29:31,600 Speaker 1: is what's on the pet? What's the panel's favorite Poe, 572 00:29:31,600 --> 00:29:34,320 Speaker 1: I'm just kidding, what is on the panel's radar? Maddie, 573 00:29:34,360 --> 00:29:36,240 Speaker 1: what is on your radar? Well, again, it is everyone's 574 00:29:36,240 --> 00:29:38,320 Speaker 1: favorite time of the year, and that's not the holidays 575 00:29:38,360 --> 00:29:40,600 Speaker 1: that at the end of the year legislating, and we 576 00:29:40,760 --> 00:29:43,680 Speaker 1: see exactly what Congress thinks they can try to sneak 577 00:29:43,720 --> 00:29:45,440 Speaker 1: into the end of the year funding bill. We know 578 00:29:45,600 --> 00:29:48,360 Speaker 1: that there's probably an agreement on funding levels, so that 579 00:29:48,440 --> 00:29:51,040 Speaker 1: now means there's been appreciate. That now means there's gonna 580 00:29:51,040 --> 00:29:54,760 Speaker 1: be negotiations on policy writers that will potentially make their 581 00:29:54,800 --> 00:29:57,080 Speaker 1: way in there. I'm watching things that would be bad 582 00:29:57,160 --> 00:29:59,480 Speaker 1: surprises for taxpayers in the new year. Is potentially something 583 00:29:59,520 --> 00:30:02,400 Speaker 1: like prize billing, which is when a patient gets a 584 00:30:02,400 --> 00:30:05,320 Speaker 1: surprise bill care they receive out of network. There's a 585 00:30:05,360 --> 00:30:06,920 Speaker 1: lot of bad ideas on the Hill about how to 586 00:30:07,040 --> 00:30:09,600 Speaker 1: handle that. That would essentially eliminate all of the tensions 587 00:30:09,640 --> 00:30:11,240 Speaker 1: at work right now to keep some of these actors 588 00:30:11,280 --> 00:30:13,560 Speaker 1: in check, so keeping an eye on that. They're also 589 00:30:13,640 --> 00:30:16,200 Speaker 1: potential would be a bail out of the public pension fund. 590 00:30:16,800 --> 00:30:18,560 Speaker 1: So our work is not done here yet. It might 591 00:30:18,560 --> 00:30:20,560 Speaker 1: be thanksgiving a couple of days to recharge, and then 592 00:30:20,600 --> 00:30:23,880 Speaker 1: we're back at it when they come back next week. Interesting. Yeah, 593 00:30:23,960 --> 00:30:25,480 Speaker 1: getting all of that done, by the way, it gets 594 00:30:25,520 --> 00:30:28,840 Speaker 1: in the way of U. S m c A exactly. So, 595 00:30:28,920 --> 00:30:31,760 Speaker 1: the more Congress tries to load up this end of 596 00:30:31,800 --> 00:30:34,680 Speaker 1: the year deal with poison pills that could not survive 597 00:30:34,720 --> 00:30:37,400 Speaker 1: scrutiny without some kind of legislative train for them to 598 00:30:37,480 --> 00:30:39,880 Speaker 1: hang off of, the less opportunity there is to do 599 00:30:40,040 --> 00:30:42,200 Speaker 1: things that I think both sides do want to get done. 600 00:30:42,560 --> 00:30:45,400 Speaker 1: U S. M c A being that main priority. What's 601 00:30:45,440 --> 00:30:49,160 Speaker 1: on your radar, Francis, I've been reading this fascinating story 602 00:30:49,200 --> 00:30:54,400 Speaker 1: about the outcomes of this uh U S. Navy guy 603 00:30:54,520 --> 00:30:57,360 Speaker 1: who was accused of war crimes. He was acquitted by 604 00:30:57,400 --> 00:31:00,400 Speaker 1: a jury, but his command structure wanted to remove Seal 605 00:31:00,880 --> 00:31:04,280 Speaker 1: Triedent Pin and the Secretary of the Navy has resigned 606 00:31:04,320 --> 00:31:07,000 Speaker 1: over it. And there's a really incredible back and forth 607 00:31:07,120 --> 00:31:11,200 Speaker 1: between him, the Secretary of Defense, the President about about 608 00:31:11,680 --> 00:31:14,920 Speaker 1: who actually should be able to determine how a member 609 00:31:14,960 --> 00:31:17,280 Speaker 1: of the military has disciplined according to the Uniform Code 610 00:31:17,280 --> 00:31:21,880 Speaker 1: of Military Justice, and uh, you know, as with everything 611 00:31:21,920 --> 00:31:25,080 Speaker 1: the Trump administration, it's fascinating to see did he resign 612 00:31:25,320 --> 00:31:28,640 Speaker 1: or was he fired? The the resignation letter, what does 613 00:31:28,680 --> 00:31:30,440 Speaker 1: it look like? When did it come? And it's sort 614 00:31:30,480 --> 00:31:34,240 Speaker 1: of falls in that same space as Jeff Sessions resignation letter, 615 00:31:34,440 --> 00:31:38,440 Speaker 1: Rod rosen Scenes resignation letters. It's just been fascinating to 616 00:31:38,520 --> 00:31:42,400 Speaker 1: watch and I think, uh, there's major implications. And I'm 617 00:31:42,480 --> 00:31:45,080 Speaker 1: I'm not a veteran and I've never served, but I 618 00:31:45,160 --> 00:31:49,480 Speaker 1: think it has major implications for how our military is 619 00:31:50,520 --> 00:31:53,560 Speaker 1: policed by its own as sort of the leaders of 620 00:31:53,680 --> 00:31:56,960 Speaker 1: the free world. Interesting, very interesting. All right, you know 621 00:31:57,040 --> 00:31:59,520 Speaker 1: what's on my radar? Well, a lot of things. But 622 00:31:59,680 --> 00:32:01,840 Speaker 1: I mean, I do want to I do want to 623 00:32:01,920 --> 00:32:06,959 Speaker 1: mention that the President uh this whole centennial coin issue, 624 00:32:07,680 --> 00:32:11,840 Speaker 1: the Centennial UH Commemorative Coin Act, and this directs the 625 00:32:11,880 --> 00:32:16,640 Speaker 1: Treasury Department to mint of coins celebrating the nineteenth Amendment, 626 00:32:16,680 --> 00:32:20,440 Speaker 1: which of course passed with unanimous consent. Uh. And and 627 00:32:20,760 --> 00:32:24,640 Speaker 1: well it honors the the women's suffrage movement, the hundred 628 00:32:24,760 --> 00:32:28,400 Speaker 1: year anniversary of it. So long to have a centennial coin. Yeah, 629 00:32:28,680 --> 00:32:31,760 Speaker 1: hundred years. And the President always says, you know, no 630 00:32:31,840 --> 00:32:34,240 Speaker 1: matter what it is, it took you know, for some reason, 631 00:32:34,280 --> 00:32:35,960 Speaker 1: it's never got done before. And it took me to 632 00:32:36,000 --> 00:32:37,920 Speaker 1: come along to get it done. I don't know why 633 00:32:37,960 --> 00:32:40,480 Speaker 1: we didn't celebrate the hundredth anniversary many years ago, but 634 00:32:40,560 --> 00:32:42,560 Speaker 1: now that I'm here, we got it. This is an happening. 635 00:32:42,640 --> 00:32:45,760 Speaker 1: Costello skit. I think this is like probably not being 636 00:32:45,800 --> 00:32:49,239 Speaker 1: able to get the right SoundBite or no. But I mean, 637 00:32:49,320 --> 00:32:50,920 Speaker 1: if it's the kind of thing that if you were 638 00:32:50,920 --> 00:32:53,800 Speaker 1: watching SNL and they were doing a cold you could 639 00:32:53,800 --> 00:32:56,000 Speaker 1: expect that. Sometimes I feel like my life is an 640 00:32:56,160 --> 00:33:01,480 Speaker 1: snl skit really slit. Blanie Trump got boot today at 641 00:33:01,480 --> 00:33:06,640 Speaker 1: an opioid event. Don't that's cool? Right? Yeah, that's right. 642 00:33:06,800 --> 00:33:10,280 Speaker 1: Just let's all rise about, let's all vibe at a 643 00:33:10,360 --> 00:33:13,480 Speaker 1: higher frequency. LL cool J is going to host the 644 00:33:13,560 --> 00:33:16,280 Speaker 1: forty second annual Kennedy Center Honors. These were all of 645 00:33:16,360 --> 00:33:17,880 Speaker 1: the things that could have been on my radar. And 646 00:33:18,320 --> 00:33:21,040 Speaker 1: the Christmas tree is finally at the White House, And 647 00:33:21,160 --> 00:33:24,240 Speaker 1: where's it from? I have twenty seconds? Can I find 648 00:33:24,240 --> 00:33:31,200 Speaker 1: out in twenty seconds? From Queen's New York, Pennsylvania, Pennsylvania, Pennsylvania. 649 00:33:31,240 --> 00:33:33,640 Speaker 1: Thanks for listening, Kevin Cirelli. You're listening to Bloomberg.