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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the

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Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at

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Speaker 1: noon and five pm Eastern on Apple Coarckley and Android

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Speaker 1: you get your podcasts, or watch us live on YouTube.

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Speaker 2: Live from the Kennedy Center here in Washington.

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Speaker 3: Of course, President Trump speaking to the Saudi Investment Forum

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Speaker 3: that is underway today, featuring the likes of, as you

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Speaker 3: just heard, Scott Bessen, Howard Lutnik, both in the front row.

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Speaker 2: As we look at the room here, Elon Musk.

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Speaker 3: They're in person as well, along with dignitaries from Saudi Arabia.

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Speaker 3: He was introduced while we were just coming to air

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Speaker 3: by the Crown Prince himself, Mohammed ben Salmon, who was

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Speaker 3: not speaking through translation. President Trump, Now, if he makes

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Speaker 3: some more news, we'll keep you posted on what's being announced,

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Speaker 3: because this has become a day of deals announced by

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Speaker 3: the likes of the aforementioned Elon Musk. His EXAI to

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Speaker 3: build a five hundred megawatt data center in Saudi Arabia

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Speaker 3: that will rely on chips made by Invidio, which brings

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Speaker 3: both of these gentlemen here to Washington, d C. On

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Speaker 3: Nvidia earnings Day, which is quite remarkable that we'll be

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Speaker 3: talking with him later. Ed Ludlow in an exclusive interview

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Speaker 3: with Jensen Wong not to mention his earnings call. Apparently

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Speaker 3: we'll be coming from the nation's capital here. This follows

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Speaker 3: news yesterday that the President was going to green light

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Speaker 3: the sale of advanced AI chips made by Nvidia to

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Speaker 3: Saudi Arabia, not to mention the sale of F thirty

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Speaker 3: five fighter jets. So a lot to unpack here, and

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Speaker 3: we're lucky to have Aaron David Miller with us as

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Speaker 3: we try to let some of this news settle, to

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Speaker 3: get a sense of exactly what the US got in

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Speaker 3: return for this treatment. Senior fellow at the Carnegie Endowment

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Speaker 3: for International Peace is with us now on Bloomberg and

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Speaker 3: it's great to see you, Aarin. The headline on the

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Speaker 3: terminal is Trump's warm welcome gives Saudi Prince lopsided rewards.

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Speaker 3: Does this feel lopsided to you it?

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Speaker 4: Does? You know? Having worked for administrations from Jimmy Carter

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Speaker 4: to Bush forty three, having voted for Democrats and Republicans,

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Speaker 4: and worked for them on this one. I think clearly

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Speaker 4: the Trump administration gave a lot more than it got. Now,

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Speaker 4: maybe some of the deets are not yet clear in

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Speaker 4: terms of the reciprocity, but this was a visit designed,

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Speaker 4: I think, far more than anything else, to demonstrate that

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Speaker 4: whatever concerns, doubts anxieties that the US and the Trump

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Speaker 4: administration has had about MBS is human rights record, the

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Speaker 4: murder of Jamal Kashok chief full disclosure here, Jamal was

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Speaker 4: a friend of mine. Whatever doubts, they're all in the

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Speaker 4: rearview mirror now. And what struck me extraordinary, extraordinary over

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Speaker 4: office yesterday was how comfortable the Crown Prince felt both

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Speaker 4: in that oval meeting with the President and how comfortable

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Speaker 4: he now feels in fact he introduced the President at

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Speaker 4: Kennedy Center. It's rather remarkable, and I think, Joe, you

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Speaker 4: have to keep in mind that the average length of

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Speaker 4: a Saudi king's tenure. Then they've said seven kings, including

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Speaker 4: King Salmon, who MBS will one day replace, is thirteen years.

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Speaker 4: Mom minsl Mom is forty. He could rule Saudi for

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Speaker 4: fifty years. It's extraordinary, and he's got a long view

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Speaker 4: and he wants to get as much as he can

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Speaker 4: from the US without giving a whole lot with respect

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Speaker 4: to distancing himself from Russia in China. Three hundred sixty

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Speaker 4: degree foreign policy for this guy, and we're part of it.

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Speaker 5: Wow.

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Speaker 3: All right, So you pointed us there, and I want

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Speaker 3: to ask you about the comments that we heard from

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Speaker 3: both of these men in the Oval Office yesterday. When

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Speaker 3: an ABC News reporter named Mary Bruce had the gumption

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Speaker 3: to ask about this the President himself, who said that

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Speaker 3: MBS is doing a phenomenal job on human rights, he said,

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Speaker 3: you're mentioning somebody that was extremely controversial. A lot of

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Speaker 3: people did not like that gentleman you're talking about in Kashoji.

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Speaker 3: Whether you like him or didn't like him, things happen,

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Speaker 3: he said, But he MBS knew nothing about it. We

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Speaker 3: heard from mister Koshogi's widow on CBS News last night,

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Speaker 3: Aaron Here's what she said.

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Speaker 6: There is nothing to justify as a crime, even if

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Speaker 6: you don't agree or like certain person because of his

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Speaker 6: opinion or vision for his country. To say, his controversial

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Speaker 6: and his unlikely, it does not give anyone right to

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Speaker 6: just kidnap him, to shore him, kill him, and the

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Speaker 6: dismantle his body. And this did hurt me a lot

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Speaker 6: and is ticking away as well as lucalc taken as

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Speaker 6: a freedom for the journalists to do the job.

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Speaker 3: I want to give you some space here, Aaron. How

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Speaker 3: did we go from the killing of Jamal Kashogi, the

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Speaker 3: fist bump heard around the world, to now Saudi Arabia

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Speaker 3: being designated a major non NATO ally eighteen other countries.

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Speaker 4: In addition, that Saudi had that distinction, it doesn't imply

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Speaker 4: a mutual defense agreement, or at least a defense agreement,

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Speaker 4: but it's significant. The cutteries have it as well. So

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Speaker 4: the president's notion that Saudi is among a rare few

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Speaker 4: is really not accurate. How we got here? Just one

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Speaker 4: data point, Joe. When US presidents are inaugurated and they

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Speaker 4: take their first foreign trips abroad, they don't go to

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Speaker 4: Saudi Arabia and Trump one point zero seven team. This

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Speaker 4: was the president's first trip, first foreign trip. Now he

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Speaker 4: went on to Israel and then on to meet with

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Speaker 4: NATO allies. But clearly the best part of his trip,

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Speaker 4: without a doubt, was the Saudi part. Sore dances, and

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Speaker 4: I think it reflects the fact that of all the

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Speaker 4: sub regions of the Middle East, Saudi Arabia is the

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Speaker 4: most important country to the president. It represents the scene

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Speaker 4: of his diplomatic triumph, the Abraham Accords, and he hopes

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Speaker 4: to add Saudi at some point. It represents hydrocarbons and oil.

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Speaker 4: It represents extraordinary business opportunities for the Trump business organization.

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Speaker 4: And again, let's be very clear here, I worked for

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Speaker 4: a lot of administrations. No American president has ever blended

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Speaker 4: the line between the American national interest and the president's

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Speaker 4: family's business interests. It's extraordinary to me, really is remarkable.

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Speaker 4: So that's how we got here. And I think the

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Speaker 4: the justification and the prison's comments, I mean, even the

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Speaker 4: Crown Prince I have I heard him wrong, and he

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Speaker 4: said this before, that this was a mistake. Eight Saudis

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Speaker 4: will put on trial. That's where they are now is unclear.

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Speaker 4: I'm not sure at all that they're in prison. But

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Speaker 4: the President's remarks not only dissing Jamalka Shoji, but essentially

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Speaker 4: a blanket, a blanket excusing of the Prime minister. He

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Speaker 4: had no knowledge of this. So I think it again

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Speaker 4: reflects the fact that for this present Saudi Arabia is

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Speaker 4: a valued partner and human rights. Kushoksi's killing, the repression

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Speaker 4: and arbitrary detention of Saudi citizens that is pervasive in

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Speaker 4: Saudi today. This stuff doesn't matter.

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Speaker 3: Got about a minute left, Aaron. Should Saudi Arabia be

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Speaker 3: leaving to with F thirty five's.

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Speaker 4: They're not going to be leaving town with the F

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Speaker 4: thirty five eyes, which represented hands, davionics and comm's capacity

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Speaker 4: and rate our function thirty five eyes what we give

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Speaker 4: to the Israelis? I would it strange the bounds of

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Speaker 4: credulity to the breaking point that this administration would give

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Speaker 4: F thirty fives give to our Needo allies without demanding

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Speaker 4: certain intelligence constraints and protections from allowing this technology to

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Speaker 4: be accessed by the Chinese. And I'm hoping the export

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Speaker 4: version of this I suspect won't be the F thirty

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Speaker 4: five IY that we give the Israelis. But again, President

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Speaker 4: wants to make Muhammad bins unhappy and the F thirty

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Speaker 4: five is a part of that happiness package.

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Speaker 3: I feel like we're going to need to talk again

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Speaker 3: when we do get the deats. As you say, Aaron,

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Speaker 3: David Miller, thank you as always for being with us

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Speaker 3: here on Bloomberg Senior Fellow at the Carnegie Endowment for

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Speaker 3: International Piece. I'm Joe Matthew in Washington. That's where we

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Speaker 3: start today on Balance of Power. We've got a lot

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Speaker 3: more ground to cover. Stay with us on Balance of Power.

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Speaker 3: We'll have much more coming up after this.

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Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch

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Speaker 1: us live weekdays at noon and five pm Eastern on

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Speaker 1: Apple Cockway and Android Auto with the Bloomberg Business app.

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Speaker 1: You can also listen live on Amazon Alexa from our

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Speaker 1: flagship New York station.

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Speaker 2: Just Say Alexa played Bloomberg eleven thirty.

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Speaker 3: Flurry of deals that have been released since the Crown

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Speaker 3: prints arrived here in Washington. I want to mention a

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Speaker 3: couple of red headlines that just crossed the terminal and Michelle,

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Speaker 3: it's great to see you back here today. All of

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Speaker 3: this ties into the AI story. The United States now

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Speaker 3: planning to own up to ten new nuclear reactors, according

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Speaker 3: to officials at the Department of Energy. The DOE Chief

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Speaker 3: of Staff, speaking at the conference in Tennessee, that we've

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Speaker 3: got an eye on here when it comes to energy.

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Speaker 2: This would be an incredible development.

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Speaker 3: In a country that had completely turned away from nuclear

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Speaker 3: energy but is in desperate need of this power now

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Speaker 3: because of data centers.

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Speaker 7: Right, that's right, And certainly another tangent in a long

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Speaker 7: speech that is ongoing right now with Trump at the

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Speaker 7: Investment Forum. So a lot to unpack today, but it

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Speaker 7: all comes back to this part two, day two of

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Speaker 7: the NBS visit and what will come out of it.

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Speaker 7: So hopefully we can kind of organize all the thoughts

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Speaker 7: that are swarming, that's for sure. That is certainly one

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Speaker 7: of them. Jensen Hang is playing center stage today.

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Speaker 3: Yeah, that's right. To see Wong and Musk together on stage.

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Speaker 3: By the way, Jensen Wong was wearing a suit, no

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Speaker 3: leather jacket. Let's see if that is the case when

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Speaker 3: he talks to Ed Ludlow later on. But we're talking

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Speaker 3: about just a massive data center and a massive amount

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Speaker 3: of computing power that's being dedicated to Saudi Arabia, with

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Speaker 3: Elon Musk rolling this out with Jensen Wong because they'll

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Speaker 3: be relying on Nvidia chips.

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Speaker 7: Well, certainly, and there's the big question too, not only

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Speaker 7: with Saudi Arabia but also with China. How much do

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Speaker 7: we allow to be transferred, what is advanced and when

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Speaker 7: you transfer the tech will it be safely in the

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Speaker 7: hands of the person that it's intended for.

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Speaker 3: Exactly where could it be transferred? Further, I wonder what

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Speaker 3: Anna Ashton has to think about that. This is coming

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Speaker 3: off our conversation with Denver Riggelman yesterday as he described

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Speaker 3: the potential for leaks or creep or whatever we want

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Speaker 3: to call it in Saudi Arabia, knowing that the country

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Speaker 3: is buying, for instance, weapons defensive weapons systems from Russia

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Speaker 3: will now be owning F thirty five's will now have

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Speaker 3: access to high end AI chips made by Nvidia the

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Speaker 3: likes of Blackwell. Does any of this end up in

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Speaker 3: the hands of the Chinese? She's the founder of Ashton

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Speaker 3: Analytics and a specialist in US China trade, former China

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Speaker 3: analyst with the Department of Defense.

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Speaker 2: And it's great to have you back. Are we on

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Speaker 2: the right track here?

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Speaker 8: Barbit from me to uh to answer that question, but

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Speaker 8: I will say, you know, it's it's reasonable to ask

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Speaker 8: whether or not this presents some sort of leak risk

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Speaker 8: that could allow the Chinese to get a hold of

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Speaker 8: the more advanced Nvidia ships that Nvidia is not allowed

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Speaker 8: to sell into the Chinese market. These are definitely much

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Speaker 8: closer to top tier chips than what China can buy.

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Speaker 8: And you know, there's this awkward reality that China has

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Speaker 8: built large parts of Saudi Arabia's digital and telecom infrastructure

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Speaker 8: in order to strengthen its relationships in the Middle East.

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Speaker 8: Now that stuff's going to be run, you know, with

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Speaker 8: US chips according to US rules, maybe so that you know,

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Speaker 8: that does potentially give China access, although there are a

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Speaker 8: lot of controls in place on the US side that

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Speaker 8: that are supposed to prevent that. But more importantly, it

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Speaker 8: changes the strategic game for China visa Bastaudi Arabia and

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Speaker 8: in the Middle East. You know, it potentially limits China's

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Speaker 8: influence and it complicates its strategy of making Saudi Arabia

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Speaker 8: a long term tech partner. It complicates China's plans for

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Speaker 8: the digital Baltim Road.

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Speaker 9: Well, just to.

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Speaker 7: Offer the counter argument, Anna, and of course you've been

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Speaker 7: attuned to this, I'm sure, but the debate has really

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Speaker 7: been heating up between the China national security hawks and

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Speaker 7: the tech world and what we hear often from the

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Speaker 7: White House, particularly the likes of David Sachs is that

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Speaker 7: you can be a China national security hawk or an

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Speaker 7: XYZ national security hawk and still embrace the tech side

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Speaker 7: of it.

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Speaker 9: Is there a way to thread the needle?

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Speaker 7: Is there a way in this argument to assure that

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Speaker 7: the tech can be transferred safely and securely and still

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Speaker 7: benefit in all the ways that you would from tech

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Speaker 7: prosperity while also guarding against the national security risk.

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Speaker 8: I mean, certainly that is the position of people like

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Speaker 8: Jenson Wang, and it is it is also, you know,

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Speaker 8: absolutely the case that these fairy tech companies that give

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Speaker 8: the United States its competitive edge in any tech competition

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Speaker 8: with China, you know, do need to be able to

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Speaker 8: access bigger markets than just the US and Europe. They

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Speaker 8: need to be able to sell their chips abroad and

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Speaker 8: lots of other places in order to have the funding

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Speaker 8: to remain at the competitive edge, especially when we're talking

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Speaker 8: about China's government bank rolling a lot of the efforts

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Speaker 8: to catch up with US check advantages and one of

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Speaker 8: the biggest markets there is, of course it's China.

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Speaker 7: Well, and I want to follow with something a little

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Speaker 7: more China focus, and given that's also your expertise, in

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Speaker 7: any case, Bloomberg was reporting last week that the US

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Speaker 7: and China have yet to agree on the sort of

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Speaker 7: rare earth export controls lifting that was agreed between the

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Speaker 7: two leaders. Where do you see that converse going. Do

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Speaker 7: you have any sense of whether or not there will

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Speaker 7: be some sort of agreement to kind of free up

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Speaker 7: the rearers that the US side so badly wants.

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Speaker 8: I mean, definitely, we've had lots of signals that there

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Speaker 8: there is an agreement in the works. I mean, there

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Speaker 8: have been announcements from Chinese government agencies and announcements from

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Speaker 8: the US government indicating that that's the track that the

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Speaker 8: two countries are on. The question is, are the US

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Speaker 8: perceptions of what was agreed to the same as the

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Speaker 8: Chinese perceptions of what was agreed to? You know, in

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Speaker 8: the past, it really mattered coming out of any US

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Speaker 8: China talks whether or not there was a joint statement,

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Speaker 8: and it mattered because of the fact that there often

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Speaker 8: were differing perceptions about exactly what the two sides had

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Speaker 8: signed up for. We don't often have any sort of

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Speaker 8: written outcome document now, one from either side, let alone

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Speaker 8: one that is a joint outcome document. So there certainly

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Speaker 8: are questions there, and and you know, I think it's

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Speaker 8: important to reiterate that even with the agreement in place

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Speaker 8: and moving forward, regardless of whether it looks like something

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Speaker 8: that Washington thinks it is or whatever Beijing thinks it is,

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Speaker 8: it's not permanent. It is temporary, and it is not

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Speaker 8: a total lifting of all restrictions.

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Speaker 4: It's simply, you know.

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Speaker 8: A lessening of of the hurdles for the US to

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Speaker 8: get access to certain certain of these materials.

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Speaker 3: And what does Beijing think, what does President she think

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Speaker 3: of this dance this week in Washington between President Trump

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Speaker 3: and the Crown Prince.

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Speaker 8: I'm sure that it is not a surprise because we've

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Speaker 8: seen that that Trump has courted the Crown Prince in

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Speaker 8: the past, and you know, he takes.

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Speaker 2: This very different by this relationship.

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Speaker 8: I don't think that Chijinping is threatened by this relationship,

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Speaker 8: but I do think that he has to be taking

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Speaker 8: it seriously as potentially complicating his own relationship with Saudi Arabia.

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Speaker 7: Absolutely, Yeah, certainly a lot to explore there, and also

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Speaker 7: the Russia component. That's one thing that we were bringing

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Speaker 7: up yesterday in our conversations with guests about whether or

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Speaker 7: not the tech transfer particularly of F thirty five military aircraft,

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Speaker 7: could could fall in the hands or the wrong hands

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Speaker 7: in any case in the US's view. I mean, going

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Speaker 7: back to what we were talking about previously, do you

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Speaker 7: where do you see Russia kind of playing into this

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Speaker 7: conversation at the moment?

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Speaker 8: Well, I mean, I imagine that there are both worries and

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Speaker 8: reasons for optimism in Moscow as well as Beijing, because

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Speaker 8: you know, on the one hand, I think that there's

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Speaker 8: it's obvious that there is a desire to not see

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Speaker 8: the US posey up to the Crown Prince and be

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Speaker 8: able to facilitate a stronger US Saudi Arabia relationship. Both

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Speaker 8: Russia and China have interest in keeping that relationship from

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Speaker 8: being too close. On the other hand, you know, the

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Speaker 8: kinds of technology that the US is offering to Saudi

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Speaker 8: Arabia absolutely of interest to both to both China and Russia,

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Speaker 8: and Saudi Arabia may potentially provide an avenue for accessing those.

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Speaker 3: And we talked earlier on the sidelines of Bloomberg's New

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Speaker 3: Economy Forum in Singapore with John Waldrin, President chief operating

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Speaker 3: officer at Goldman Sachs, who addressed the geopolitical risk here

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Speaker 3: when it comes to the engagement of the US and China.

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Speaker 3: Listened to what he said.

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Speaker 10: I think that the dynamic between the US and China,

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Speaker 10: which we call increasing strategic interdependence. So the countries are interdependent,

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Speaker 10: but there are going to be areas where they're going

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Speaker 10: to be more focused on national security. And because that

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Speaker 10: relationship is getting much more complicated, you're seeing more fragmentation

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Speaker 10: around the world, and so a lot of the conversation

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Speaker 10: here in Singapore this week has been about the fragmentation,

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Speaker 10: new regional alliances, redesigning supply chains. You know, I worry

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Speaker 10: about that because it's a new world order and we

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Speaker 10: don't really know what to expect in that new world order,

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Speaker 10: and I think that will create disruption and pressure in

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Speaker 10: the system, which is, you know, kind of unprecedented for

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Speaker 10: the system that we've operated under for quite a long time.

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Speaker 3: So Anna, where does the Middle East? Where does Saudi

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Speaker 3: Arabia fall in that new world order?

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Speaker 8: I think that Saudi Arabia and the Middle East are

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Speaker 8: going to be important to a new world order, maybe

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Speaker 8: not any more important than they are in the current

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Speaker 8: world order.

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Speaker 4: You know, they're.

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Speaker 8: Positioning themselves to to sort of graduate from their traditional

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Speaker 8: dependence on fossil fuels to run their economies and their

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Speaker 8: economic growth to becoming tech hubs. And they've been doing

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Speaker 8: so pretty successfully so far. So I do think that

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Speaker 8: they're going to remain important. I also think that the

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Speaker 8: thing that was said there that deserves a little extra

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Speaker 8: attention is that the US and China remain interdependent, because yes,

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Speaker 8: we do. But one of the things that China is

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Speaker 8: working very hard on is reducing that interdependence on its

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Speaker 8: own side, just as we have been trying to reduce

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Speaker 8: that interdependence. And you know, I think that there's a

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Speaker 8: real question as to how fast that might happen. And

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Speaker 8: you know, what will this new world order look like

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Speaker 8: if there is less interdependence, especially on the tech front.

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Speaker 7: Well, certainly a lot of big questions we've been tackling

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Speaker 7: today and all week. Anna, if I could just go

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Speaker 7: in the moment, today, we've got the Nvidia earnings report.

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Speaker 7: What are you looking out for?

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Speaker 8: You know, I'm looking out for any sign that gives

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Speaker 8: more clarity as to exactly what the US government is

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Speaker 8: prepared to allow Nvidia to sell well and what that

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Speaker 8: means for possible what that means for possible US government earnings,

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Speaker 8: our US government approvals of like a piece of the

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Speaker 8: pie in those Nvidia sales.

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Speaker 2: And it's great to have you back. We appreciate your insights.

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Speaker 3: The founder of Ashton Analytics on an important day here

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Speaker 3: as we gear up, indeed for the Nvidia earnings report

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Speaker 3: in Michelle. The thread that goes through all of these

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Speaker 3: stories is national security. Whether we're talking about AI chips

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Speaker 3: or F thirty five's the transfer of technology, and that's

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Speaker 3: going to be a big part of this earnings report

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Speaker 3: this evening when we consider export controls for the likes

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Speaker 3: of China and other countries. We want to just do

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Speaker 3: a quick beat with our panel on this, Rick and

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Speaker 3: Jeanie or here Bloomberg Politics contributors. Rick Davis are Republican

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Speaker 3: strategist and partner at Stone Court Capital, joined by our

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Speaker 3: Democratic analyst, Genie Shanzi, democracy visiting fellow at Harvard Kennedy

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Speaker 3: School's ASH Center.

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Speaker 2: Ginnie, what's your take on this?

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Speaker 3: Are we mortgaging our national security in the sake of

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Speaker 3: creating this new world order?

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Speaker 9: You know this, We've had.

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Speaker 11: This debate so many times in American history. I think

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Speaker 11: back to the post Cold War era. This was the

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Speaker 11: debate going on. Bill Clinton was trying to move towards

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Speaker 11: free trade with China and all of the more hawkish

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Speaker 11: folks and the Democratic Party said not so fast.

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Speaker 9: So it's a continual debate.

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Speaker 11: It is necessary that we keep up with the time,

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Speaker 11: so to speak, and that we really do have this openness.

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Speaker 11: But at the same time, we have to be careful

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Speaker 11: about the impact on national security. And so I don't

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Speaker 11: see this as a you know, you can go one

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Speaker 11: way or the other. You've got to have people in

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Speaker 11: both camps in the United States who are watching like

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Speaker 11: a hawk to make sure we don't veer too far

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Speaker 11: in one direction or the other.

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Speaker 9: So I think moderation is the watchword here.

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Speaker 7: Well, Rick, we talk a lot about you know, who

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Speaker 7: are our friends? Is the White House dealing with the

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Speaker 7: right people. Are they talking for the sake of talking,

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Speaker 7: giving an open forum, or is it resulting in deals

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Speaker 7: that are worthwhile for the US? I mean, can the

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Speaker 7: White House and Trump specifically, can they make the case

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Speaker 7: that this Saudi visit is part of something that is

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Speaker 7: a down payment on longer term prosperity.

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Speaker 12: Well, I think that's exactly where this administration has headed

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Speaker 12: even in the first term. Look, there's a reordering of

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Speaker 12: the global you know, alliances, and this administration and previous administrations,

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Speaker 12: both Republican and Democrat have been fighting over turf in

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Speaker 12: the Middle East. You know. They remember at one point

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Speaker 12: in time, the Chinese were trying to build a port

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Speaker 12: in the UAE, and the United States stepped in and said,

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Speaker 12: you got to make a choice. Either you're going to

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Speaker 12: be aligned with us or you're going to be aligned

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Speaker 12: with them. There's no in between. UAE decided to be

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Speaker 12: aligned with us. I think this is part of the

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Speaker 12: same kind of an effort. It's out whether we can

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Speaker 12: fit into the technology that China has on the ground

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Speaker 12: in Saudi Arabia. It's how hard can we push to

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Speaker 12: get it out of Saudi Arabia. And moderation hasn't worked

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Speaker 12: with China. That's what put us in the position we're

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Speaker 12: in now. China is an adversary in trade, in national security,

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Speaker 12: in international culture and regulations. I mean, there's nothing that

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Speaker 12: we really agree upon right now with China. And so

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Speaker 12: as this world gets, you know, more and more opportunistic,

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Speaker 12: we have to be there shouting our name.

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Speaker 3: Rick Davis and Jeanie Shanzano will stay with us or

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Speaker 3: panel stay with.

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Speaker 2: Us on Balance of Power. We'll have much more coming

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Speaker 2: up after this.

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Speaker 1: flagship New York station Just Say Alexa played Bloomberg eleven thirty.

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Speaker 2: It's any time now.

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Speaker 3: The President at any time could sign the Discharge Petition,

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Speaker 3: the bill that was passed to force the release of

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Speaker 3: the Epstein files. I guess technically the discharge petition is

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Speaker 3: what forced the vote on the Epstein files. Now, the

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Speaker 3: question is whether the DOJ will be compelled to release them,

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Speaker 3: knowing in fact that the President ordered investigations into Democrats

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Speaker 3: like Bill Clinton that could prevent these files from being

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Speaker 3: released while an ongoing investigation is underway. But I'm jumping

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Speaker 3: too far down the road here. The fact of the

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Speaker 3: matter is all but one member of Congress voted for

438
00:25:43,600 --> 00:25:47,199
Speaker 3: the release of these files yesterday. Only one member of

439
00:25:47,200 --> 00:25:52,400
Speaker 3: the House, Clay Higgins, the aforementioned Cajun John Wayne back

440
00:25:52,400 --> 00:25:55,920
Speaker 3: when he was a sheriff now Republican member of Congress

441
00:25:55,920 --> 00:25:58,520
Speaker 3: from Louisiana, framed this as a stand on principle.

442
00:25:58,600 --> 00:26:01,840
Speaker 2: He voted no, everyone else voted yes.

443
00:26:02,760 --> 00:26:07,200
Speaker 3: I asked Pete Aguilar, Democratic congressman from California, who chairs

444
00:26:07,640 --> 00:26:10,439
Speaker 3: the Democratic Conference in the House, his thoughts on this

445
00:26:10,600 --> 00:26:13,080
Speaker 3: and how the numbers were so overwhelming.

446
00:26:13,119 --> 00:26:13,840
Speaker 2: Here's what he said.

447
00:26:14,840 --> 00:26:19,320
Speaker 13: This shows that Donald Trump allowed them. He said he

448
00:26:19,359 --> 00:26:21,639
Speaker 13: was in a losing position. He knew he was in

449
00:26:21,680 --> 00:26:24,040
Speaker 13: a losing position. He knew this was going to happen.

450
00:26:24,359 --> 00:26:27,080
Speaker 13: And so we basically directed all of them, all of

451
00:26:27,119 --> 00:26:30,240
Speaker 13: our colleagues on the Republican side, to vote for this measure.

452
00:26:31,040 --> 00:26:33,520
Speaker 13: And so that's the power of Donald Trump as well.

453
00:26:33,640 --> 00:26:36,080
Speaker 13: He has set himself he's the president and the speaker.

454
00:26:36,760 --> 00:26:38,160
Speaker 13: He proved it today with that vote.

455
00:26:39,359 --> 00:26:42,840
Speaker 3: Remembering, of course, Michelle, that the President could compel the

456
00:26:42,880 --> 00:26:45,720
Speaker 3: DOJ to release these files literally at any time, pick

457
00:26:45,760 --> 00:26:47,000
Speaker 3: up the phone, release the files.

458
00:26:47,080 --> 00:26:49,640
Speaker 2: We'd be done. But he's still following this channel.

459
00:26:49,480 --> 00:26:51,520
Speaker 7: Well, and far be it from us to predict what

460
00:26:51,560 --> 00:26:53,919
Speaker 7: will happen next. But we can raise these questions, and

461
00:26:53,920 --> 00:26:56,040
Speaker 7: that is a good question. Where does he go next?

462
00:26:56,040 --> 00:26:59,040
Speaker 7: With the DJ and will he draw on the powers

463
00:26:59,040 --> 00:27:02,840
Speaker 7: that he has of president to direct them to sure.

464
00:27:02,720 --> 00:27:05,200
Speaker 5: Things safe, knowing he could have done that at any time, yes,

465
00:27:05,240 --> 00:27:07,240
Speaker 5: in the last nine months or whatever it's been here,

466
00:27:07,800 --> 00:27:09,879
Speaker 5: knowing as well that he's, as I mentioned, ordered the

467
00:27:09,880 --> 00:27:13,160
Speaker 5: investigations into the likes of Bill Clinton, Larry Summers and others.

468
00:27:13,200 --> 00:27:18,360
Speaker 3: He's pointing the nation's attention toward Democrats, but he has

469
00:27:18,400 --> 00:27:20,080
Speaker 3: also said he's going to sign this bill.

470
00:27:20,560 --> 00:27:22,960
Speaker 2: So we're wondering when this happens. You've covered the White House.

471
00:27:23,000 --> 00:27:25,280
Speaker 5: He could pick up the pen do that anytime today, right, Yeah,

472
00:27:25,320 --> 00:27:25,760
Speaker 5: he's got.

473
00:27:25,720 --> 00:27:27,280
Speaker 7: Quite a busy day, of course, just coming out of

474
00:27:27,280 --> 00:27:30,080
Speaker 7: that investment forum. And of course he wants to keep

475
00:27:30,119 --> 00:27:33,479
Speaker 7: the narrative on this sort of prosperity as well as

476
00:27:33,520 --> 00:27:35,960
Speaker 7: affordability that we keep losing in the past few days

477
00:27:36,000 --> 00:27:38,720
Speaker 7: with everything else going on. But certainly he wants to

478
00:27:38,720 --> 00:27:40,960
Speaker 7: own the narrative and not in a way that highlights

479
00:27:41,040 --> 00:27:43,040
Speaker 7: any of this. So maybe, you know, we could see

480
00:27:43,160 --> 00:27:46,080
Speaker 7: a midnight signing or something meant to be more under

481
00:27:46,119 --> 00:27:48,439
Speaker 7: the radar to try to keep it out of the

482
00:27:48,480 --> 00:27:49,480
Speaker 7: front page of the news.

483
00:27:49,560 --> 00:27:53,000
Speaker 3: Maybe late Friday night, we'll see could happen any moment now.

484
00:27:53,040 --> 00:27:55,360
Speaker 3: And that's where we start with our panel a Bloomberg

485
00:27:55,400 --> 00:27:58,240
Speaker 3: Politics contributors Genie Shanzo and Rick Davis or with us

486
00:27:58,280 --> 00:28:01,720
Speaker 3: Rick is partner Stone Court Capital, A Republican strategist Genie

487
00:28:01,760 --> 00:28:05,040
Speaker 3: or Democratic analyst democracy visiting fellow at Harvard Kennedy School's

488
00:28:05,119 --> 00:28:08,760
Speaker 3: Ash Center. What do you think, Jeanie, are we ever

489
00:28:08,800 --> 00:28:10,720
Speaker 3: going to see these files or will there always be

490
00:28:10,800 --> 00:28:13,159
Speaker 3: the so called smokescreen of an ongoing investigation.

491
00:28:14,680 --> 00:28:18,040
Speaker 11: I don't think we know yet, but I do think

492
00:28:18,080 --> 00:28:20,280
Speaker 11: that you were just talking, you and Michelle about the

493
00:28:20,359 --> 00:28:21,000
Speaker 11: right question.

494
00:28:21,280 --> 00:28:24,199
Speaker 9: Is the next step is the president's signing. And I

495
00:28:24,240 --> 00:28:25,880
Speaker 9: am very curious if he.

496
00:28:25,840 --> 00:28:28,679
Speaker 11: Does try to do a midnight signing or if he

497
00:28:28,840 --> 00:28:32,040
Speaker 11: listens to the victims. I was so moved, Joe by

498
00:28:32,160 --> 00:28:36,199
Speaker 11: those victims, those women standing out there and holding up

499
00:28:36,200 --> 00:28:39,440
Speaker 11: and I'm sure you saw this, the pictures of themselves, thirteen,

500
00:28:39,560 --> 00:28:43,800
Speaker 11: fourteen and fifteen, very young girls saying this was me

501
00:28:44,240 --> 00:28:49,080
Speaker 11: when I was abused, rape assaulted by Jeffrey Epstein. And

502
00:28:49,120 --> 00:28:52,360
Speaker 11: they have asked the president, some of whom voted for him,

503
00:28:52,640 --> 00:28:55,560
Speaker 11: to please have them in for a signing ceremony because

504
00:28:55,640 --> 00:28:58,120
Speaker 11: they want what they have gone through to be recognized,

505
00:28:58,120 --> 00:29:00,480
Speaker 11: and I think it would be so power bullet the

506
00:29:00,520 --> 00:29:03,320
Speaker 11: president would do that. So I'm very curious to see

507
00:29:03,360 --> 00:29:05,720
Speaker 11: what happens after that. Of course, it is on to

508
00:29:05,840 --> 00:29:09,000
Speaker 11: PMBONDI and the DOJ, And to your point, do they

509
00:29:09,320 --> 00:29:13,120
Speaker 11: try to hide behind a smoke screen of new investigations

510
00:29:13,880 --> 00:29:16,160
Speaker 11: to not release files? But I think in the long term,

511
00:29:16,200 --> 00:29:18,240
Speaker 11: the fact that this is a bill out of Congress,

512
00:29:18,560 --> 00:29:21,000
Speaker 11: it's going to make that all that much harder to do,

513
00:29:21,080 --> 00:29:22,800
Speaker 11: But they could try.

514
00:29:23,720 --> 00:29:25,200
Speaker 7: Well, Ginie, you hit on one thing that I did

515
00:29:25,240 --> 00:29:28,360
Speaker 7: want to kind of ask about, which is the survivors

516
00:29:28,360 --> 00:29:30,800
Speaker 7: as they call themselves, haven't gotten a whole lot of

517
00:29:30,800 --> 00:29:33,480
Speaker 7: play amidst the talk about well he or won't he sign?

518
00:29:33,640 --> 00:29:35,440
Speaker 7: What is he going to do with the DJ that

519
00:29:35,520 --> 00:29:37,400
Speaker 7: sort of thing. But they were the center of attention

520
00:29:37,600 --> 00:29:40,520
Speaker 7: for the likes of Marjorie Taylor Green and others who

521
00:29:40,600 --> 00:29:42,960
Speaker 7: have been pushing for this, and they were actually, in

522
00:29:43,000 --> 00:29:46,280
Speaker 7: fact the center of attention, arguably for Representative Higgins, who

523
00:29:46,320 --> 00:29:49,000
Speaker 7: said that he voted against it because he was worried

524
00:29:49,000 --> 00:29:52,800
Speaker 7: about the disclosures hurting the survivors. So where do you

525
00:29:52,840 --> 00:29:54,560
Speaker 7: see that going from here where we can. I mean,

526
00:29:54,720 --> 00:29:57,600
Speaker 7: we're obviously focused on the procedure of all this, but

527
00:29:57,680 --> 00:29:59,720
Speaker 7: are we going to be hearing more from the survivors,

528
00:29:59,720 --> 00:30:00,840
Speaker 7: you think in the days to come.

529
00:30:02,080 --> 00:30:02,840
Speaker 9: I do think so.

530
00:30:03,000 --> 00:30:06,800
Speaker 11: They have waited so long to get any relief, They

531
00:30:06,840 --> 00:30:10,000
Speaker 11: suffered in silence for so many years, and they have

532
00:30:10,080 --> 00:30:14,600
Speaker 11: been pushing for this. Their attorneys worked with Congressman Massey,

533
00:30:14,720 --> 00:30:17,800
Speaker 11: worked with Rocanna to get this bill put together, and

534
00:30:18,040 --> 00:30:20,200
Speaker 11: I think, you know, when we talked about it, it was,

535
00:30:20,280 --> 00:30:21,760
Speaker 11: you know, it's a discharge petition.

536
00:30:21,800 --> 00:30:22,920
Speaker 9: Those never go anywhere.

537
00:30:22,960 --> 00:30:25,920
Speaker 11: The fact that they pushed this, and I think I

538
00:30:25,960 --> 00:30:29,120
Speaker 11: agree with Massy and Conna. It's really on the work

539
00:30:29,200 --> 00:30:32,080
Speaker 11: of these victims that they were able to push this

540
00:30:32,320 --> 00:30:35,240
Speaker 11: over the line in the sort of triumphant, victorious way

541
00:30:35,240 --> 00:30:37,680
Speaker 11: I don't think any of us imagined. And so I

542
00:30:37,800 --> 00:30:40,720
Speaker 11: do hope that we hear more about them. This is

543
00:30:40,760 --> 00:30:43,720
Speaker 11: what they've been asking for, that what happened to them

544
00:30:43,840 --> 00:30:47,880
Speaker 11: not be forgotten, and that the people who either were

545
00:30:48,040 --> 00:30:50,240
Speaker 11: a part of it or who turned the other way

546
00:30:50,280 --> 00:30:53,280
Speaker 11: and apparently are prominent members of our society even today,

547
00:30:53,800 --> 00:30:55,960
Speaker 11: have their reckoning. And I think that we will hear

548
00:30:56,080 --> 00:30:57,800
Speaker 11: I hope we hear more from them about that.

549
00:30:59,120 --> 00:31:04,200
Speaker 3: Well, there's an interesting ad that's on the air that

550
00:31:04,280 --> 00:31:07,000
Speaker 3: involves the victims themselves. I don't know if you guys

551
00:31:07,680 --> 00:31:09,760
Speaker 3: have seen this, but it's kind of interesting that it's

552
00:31:09,760 --> 00:31:13,120
Speaker 3: coming from Reid Hoffman, who has been linked to Epstein

553
00:31:13,720 --> 00:31:16,160
Speaker 3: in a series of reports, and even the President of

554
00:31:16,160 --> 00:31:20,560
Speaker 3: the United States has called on him. Reid Hoffman posting

555
00:31:20,600 --> 00:31:24,520
Speaker 3: this ad on Twitter, writing the Epstein files must be

556
00:31:24,640 --> 00:31:28,400
Speaker 3: released in full tonight. I supported World Without Exploitation behind

557
00:31:28,400 --> 00:31:31,480
Speaker 3: the ad to run this ad on Monday night football.

558
00:31:32,040 --> 00:31:34,200
Speaker 3: So you might have actually seen this already. Let's give

559
00:31:34,240 --> 00:31:37,400
Speaker 3: this a taste for our viewers and listeners.

560
00:31:38,040 --> 00:31:39,280
Speaker 4: I was fourteen years old.

561
00:31:39,440 --> 00:31:40,560
Speaker 2: I was sixteen years old.

562
00:31:40,600 --> 00:31:42,680
Speaker 9: I was sixteen, seventeen, fourteen years old.

563
00:31:44,040 --> 00:31:46,040
Speaker 2: This is me, this was me, This is me when

564
00:31:46,080 --> 00:31:47,240
Speaker 2: I met Jeffrey Epstein.

565
00:31:47,400 --> 00:31:50,120
Speaker 11: This is me when I met Jeffrey Epstein.

566
00:31:55,760 --> 00:31:59,480
Speaker 9: They are about one thousand of us.

567
00:32:05,840 --> 00:32:08,760
Speaker 2: It's time to bring the secrets out of the shadows.

568
00:32:09,960 --> 00:32:12,320
Speaker 3: Now for the benefit of our radio listeners. It was

569
00:32:12,360 --> 00:32:16,280
Speaker 3: exactly what Genie was just describing. Close up shots of

570
00:32:16,560 --> 00:32:21,080
Speaker 3: the victim's current faces. Now they're standing directly in front

571
00:32:21,080 --> 00:32:24,120
Speaker 3: of the cameras with a black background and holding images

572
00:32:24,160 --> 00:32:28,440
Speaker 3: of themselves when they were victimized. We see the contrast

573
00:32:29,120 --> 00:32:32,680
Speaker 3: of their young faces with the way they look now.

574
00:32:33,320 --> 00:32:37,000
Speaker 3: The ad goes on to read five administrations and we're

575
00:32:37,040 --> 00:32:37,920
Speaker 3: still in the dark.

576
00:32:38,760 --> 00:32:38,960
Speaker 2: Now.

577
00:32:39,000 --> 00:32:41,200
Speaker 3: I don't know what the deal is with Reid Hoffman

578
00:32:41,320 --> 00:32:43,000
Speaker 3: or what any of these files may or may not

579
00:32:43,120 --> 00:32:46,720
Speaker 3: say about him, Rick, But as someone who has worked

580
00:32:46,840 --> 00:32:50,440
Speaker 3: with campaign advertising extensively over the years, I wonder what

581
00:32:50,520 --> 00:32:52,640
Speaker 3: you see the impact of this campaign being.

582
00:32:54,280 --> 00:32:56,400
Speaker 4: Yeah, look, this is a very powerful ad.

583
00:32:57,000 --> 00:33:02,560
Speaker 12: I think that it reminds us that this Epstein controversy

584
00:33:02,600 --> 00:33:06,640
Speaker 12: has been in the public domain for almost twenty five years,

585
00:33:06,880 --> 00:33:11,120
Speaker 12: and so it's sort of a subtle reminder that just

586
00:33:11,160 --> 00:33:13,400
Speaker 12: because it's been around so long doesn't mean we actually

587
00:33:13,400 --> 00:33:17,720
Speaker 12: know much about it. Previous administrations, both Republican and Democratic,

588
00:33:17,840 --> 00:33:21,120
Speaker 12: have swept it under the rug, which gave rise to

589
00:33:21,400 --> 00:33:26,440
Speaker 12: incredible conspiracy theories as to why that was and what

590
00:33:26,480 --> 00:33:32,560
Speaker 12: we don't know. And so we finally come to the

591
00:33:32,720 --> 00:33:36,160
Speaker 12: pinnacle of this moment where Donald Trump will sign a

592
00:33:36,160 --> 00:33:40,560
Speaker 12: bill passed by Congress started by a discharge petition with

593
00:33:40,800 --> 00:33:45,640
Speaker 12: unanimous consent from the Senate, which never happens, and we

594
00:33:45,680 --> 00:33:49,600
Speaker 12: will now then see these documents. I can't imagine a

595
00:33:49,640 --> 00:33:54,160
Speaker 12: scenario where the Justice Department can take that kind of

596
00:33:54,280 --> 00:33:58,960
Speaker 12: volume of activity that has welled up over twenty five

597
00:33:59,040 --> 00:34:04,840
Speaker 12: years not respond to the moment. This administration arguably has

598
00:34:04,920 --> 00:34:09,000
Speaker 12: done everything wrong when it comes to managing this crisis

599
00:34:09,040 --> 00:34:13,239
Speaker 12: since the day of his inauguration, and you just got

600
00:34:13,239 --> 00:34:16,640
Speaker 12: to hope that they get this part right, because this

601
00:34:16,680 --> 00:34:17,760
Speaker 12: will not go away.

602
00:34:18,400 --> 00:34:19,360
Speaker 2: It's had legs.

603
00:34:19,360 --> 00:34:22,400
Speaker 12: When everyone thought it would go away, it didn't, and

604
00:34:23,440 --> 00:34:26,480
Speaker 12: it's not about to be out of the front page

605
00:34:26,600 --> 00:34:30,000
Speaker 12: of our attention spans in the future. When these documents

606
00:34:30,040 --> 00:34:32,279
Speaker 12: come out, and with all the search capability you have,

607
00:34:32,680 --> 00:34:34,799
Speaker 12: we're going to learn a lot of new things. And

608
00:34:34,880 --> 00:34:37,239
Speaker 12: if it's not clear what it is, the Department of

609
00:34:37,360 --> 00:34:39,919
Speaker 12: Justice and the Trump administration is going to come under

610
00:34:40,080 --> 00:34:46,359
Speaker 12: withering pressure to clarify things that are maybe redacted and

611
00:34:46,640 --> 00:34:49,440
Speaker 12: or not ultimately produced.

612
00:34:51,160 --> 00:34:54,239
Speaker 7: So Rick, understanding that the White House hasn't taken your

613
00:34:54,280 --> 00:34:57,920
Speaker 7: advice in the past several months on this issue, I'm

614
00:34:57,920 --> 00:35:00,640
Speaker 7: wondering what you would say to the Republicans, especially in

615
00:35:00,680 --> 00:35:03,840
Speaker 7: the Senate, but also in the House, who maybe said,

616
00:35:03,880 --> 00:35:06,880
Speaker 7: don't release the files and now have voted for the

617
00:35:06,920 --> 00:35:08,960
Speaker 7: release of the files. What do you say to them

618
00:35:09,120 --> 00:35:12,080
Speaker 7: as they prepare for this midterm campaign that is not

619
00:35:12,200 --> 00:35:13,680
Speaker 7: so far off in the future.

620
00:35:14,080 --> 00:35:15,080
Speaker 2: How are they going to play this?

621
00:35:15,120 --> 00:35:18,760
Speaker 7: How should they be prepared to defend switching on this issue?

622
00:35:19,760 --> 00:35:21,840
Speaker 12: Yeah, look, I mean, you know, it's it's going to

623
00:35:21,840 --> 00:35:24,759
Speaker 12: be difficult for Democrats to attack a Republican, you know,

624
00:35:24,880 --> 00:35:28,120
Speaker 12: since they all voted right, I mean save one that

625
00:35:28,160 --> 00:35:30,839
Speaker 12: we've described who isn't about to have a challenge in

626
00:35:30,880 --> 00:35:34,560
Speaker 12: his district. And so the reality is everyone's going to

627
00:35:34,640 --> 00:35:37,440
Speaker 12: stand up and said I did what I thought was

628
00:35:37,480 --> 00:35:40,440
Speaker 12: the right thing, right, regardless of their positions before. No

629
00:35:40,440 --> 00:35:42,719
Speaker 12: one's going to remember that my name is a yes

630
00:35:43,160 --> 00:35:46,319
Speaker 12: on the passage of that discharge petition. And by the way,

631
00:35:46,440 --> 00:35:51,000
Speaker 12: that takes it kind of out of a partisan political environment, right,

632
00:35:51,080 --> 00:35:53,359
Speaker 12: I mean, like, I can't imagine a Democrat who's going

633
00:35:53,440 --> 00:35:56,320
Speaker 12: to want to say he voted yes, I voted yes.

634
00:35:56,360 --> 00:36:00,360
Speaker 12: And by the way, we're different, you know. If anything,

635
00:36:00,520 --> 00:36:03,080
Speaker 12: this is why it's so crucial right now that the

636
00:36:03,120 --> 00:36:07,080
Speaker 12: administration responds in kind, because the entire political system has

637
00:36:07,120 --> 00:36:09,680
Speaker 12: done something we have not seen done in a long time,

638
00:36:09,800 --> 00:36:15,200
Speaker 12: and that's through almost complete unanimity, supported something that is very,

639
00:36:15,520 --> 00:36:19,279
Speaker 12: very important to the public trust, and now they got

640
00:36:19,320 --> 00:36:21,600
Speaker 12: to make good on it. And so can this be

641
00:36:21,719 --> 00:36:23,480
Speaker 12: completely depoliticized?

642
00:36:23,760 --> 00:36:24,279
Speaker 2: I think so.

643
00:36:24,640 --> 00:36:27,880
Speaker 12: I'm not sure that the Epstein files are going to

644
00:36:27,880 --> 00:36:30,400
Speaker 12: be a political issue in the twenty twenty sixth election

645
00:36:31,080 --> 00:36:34,920
Speaker 12: unless the Justice Department withholds the information.

646
00:36:36,080 --> 00:36:39,279
Speaker 3: Jeannie the Attorney General Pam Bondi, talked to reporters a

647
00:36:39,280 --> 00:36:42,960
Speaker 3: little earlier today. We just got these quotes on the terminal.

648
00:36:42,960 --> 00:36:46,400
Speaker 3: The Justice Department quote will follow the law, she said.

649
00:36:46,520 --> 00:36:50,040
Speaker 3: The law will be followed while providing maximum transparency and

650
00:36:50,120 --> 00:36:53,800
Speaker 3: protecting victims. She went on to say, and here's the news.

651
00:36:54,680 --> 00:36:59,240
Speaker 3: The DOJ quote has new information. New information has come forward.

652
00:36:59,280 --> 00:37:02,720
Speaker 3: As the line she did not elaborate, encouraging all victims

653
00:37:02,719 --> 00:37:03,959
Speaker 3: to talk to prosecutors.

654
00:37:04,200 --> 00:37:05,320
Speaker 2: What do we think this means?

655
00:37:07,120 --> 00:37:09,080
Speaker 11: Your guess is as good as mine. I mean, to

656
00:37:09,160 --> 00:37:12,120
Speaker 11: Rick's point, this has been twenty five years. It's hard

657
00:37:12,120 --> 00:37:14,680
Speaker 11: to imagine, but we do know the President ordered her

658
00:37:14,719 --> 00:37:17,880
Speaker 11: to begin a new investigation. Maybe it's related to that,

659
00:37:18,280 --> 00:37:21,440
Speaker 11: but I think there are huge political implications here. I

660
00:37:21,480 --> 00:37:24,359
Speaker 11: don't think this is depoliticized and One of them is

661
00:37:24,400 --> 00:37:27,439
Speaker 11: the fact that we saw Donald Trump for the first

662
00:37:27,520 --> 00:37:30,560
Speaker 11: time in his second term, beat by the backbenchers of

663
00:37:30,600 --> 00:37:31,480
Speaker 11: his own party.

664
00:37:31,840 --> 00:37:33,879
Speaker 9: Tom Massey Marjorie Taylor Green.

665
00:37:34,480 --> 00:37:38,080
Speaker 11: Marjorie Taylor Green said this nearly destroyed the Mega movement

666
00:37:38,400 --> 00:37:41,480
Speaker 11: and President Trump was forced to retreat one hundred and

667
00:37:41,520 --> 00:37:44,759
Speaker 11: eighty degrees and say, okay, vote for it. I know

668
00:37:44,840 --> 00:37:47,719
Speaker 11: why his voice was not You know, he had something

669
00:37:47,719 --> 00:37:48,960
Speaker 11: of a sore throat this week.

670
00:37:49,080 --> 00:37:50,640
Speaker 9: He was probably screaming.

671
00:37:50,239 --> 00:37:52,280
Speaker 11: His head off at mar A Lago over the weekend

672
00:37:52,560 --> 00:37:57,240
Speaker 11: as he lost this. He is losing the fight over redistricting.

673
00:37:57,719 --> 00:38:01,680
Speaker 11: This shows that the coalition has cracks and Donald Trump

674
00:38:01,760 --> 00:38:04,879
Speaker 11: is feeling that now he's going to have to put

675
00:38:04,880 --> 00:38:08,000
Speaker 11: it in Pan Bondi's lap. But know his comment on truth,

676
00:38:08,080 --> 00:38:13,120
Speaker 11: social release whatever is legally releasable, that is a sign

677
00:38:13,200 --> 00:38:16,240
Speaker 11: that they could try to withhold.

678
00:38:16,239 --> 00:38:18,920
Speaker 3: Be interesting if it turned out the Oversight Committee gave

679
00:38:18,960 --> 00:38:23,560
Speaker 3: us more insights into Jeffrey Epstein than anything around the

680
00:38:23,600 --> 00:38:24,560
Speaker 3: discharge petition.

681
00:38:24,600 --> 00:38:25,960
Speaker 2: Thanks to you both, Rick and Jennie.

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00:38:26,080 --> 00:38:29,880
Speaker 3: Always here Forrest Bloomberg Politics contributors Rick Davis.

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00:38:29,520 --> 00:38:32,520
Speaker 2: And Jeanie Shanzano. Thanks for listening to the Balance of

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00:38:32,560 --> 00:38:33,520
Speaker 2: Power podcast.

685
00:38:34,160 --> 00:38:37,279
Speaker 3: Make sure to subscribe if you haven't already, at Apple, Spotify,

686
00:38:37,360 --> 00:38:39,920
Speaker 3: or wherever you get your podcasts, and you can find

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00:38:40,000 --> 00:38:42,799
Speaker 3: us live every weekday from Washington, DC at new Time

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00:38:42,880 --> 00:38:45,000
Speaker 3: Eastern at Bloomberg dot com