1 00:00:00,120 --> 00:00:03,680 Speaker 1: Teams. We shouldn't as Democrats be about in the republicist 2 00:00:03,720 --> 00:00:06,680 Speaker 1: President Trump was secure to smash conventional norms. I would 3 00:00:06,720 --> 00:00:09,160 Speaker 1: rather see a congresstional solution. It's part of my DNA. 4 00:00:09,560 --> 00:00:19,120 Speaker 1: This is Bloomberg Sound one on Bloomberg two. Senate Macharity 5 00:00:19,200 --> 00:00:24,280 Speaker 1: leader Mitch McConnell says he favors allowing states to declare bankruptcy, 6 00:00:24,800 --> 00:00:30,040 Speaker 1: and New Jersey governor calls McConnell bankruptcy comment irresponsible. Cannis 7 00:00:30,040 --> 00:00:33,760 Speaker 1: state FI file for bankruptcy? What does it mean? What 8 00:00:33,840 --> 00:00:35,960 Speaker 1: does that mean? We're going to dive into the specifics 9 00:00:36,000 --> 00:00:38,199 Speaker 1: of that with Congressman Walden. He's going to call in. 10 00:00:38,520 --> 00:00:41,280 Speaker 1: And US cases are up three point one percent below 11 00:00:41,400 --> 00:00:44,600 Speaker 1: past weeks four point for average. So what's going on 12 00:00:44,640 --> 00:00:48,640 Speaker 1: with the virus? Mona pop piled into biggest US oil 13 00:00:48,800 --> 00:00:53,080 Speaker 1: e t F during Historic route more historic oil route 14 00:00:53,080 --> 00:00:56,920 Speaker 1: break shale, Trump's energy dominance, and have you been following 15 00:00:56,920 --> 00:00:59,960 Speaker 1: what's been going on with Harvard. We'll talk about Harvard 16 00:01:00,120 --> 00:01:03,560 Speaker 1: University and that debacle with our all star panel. President 17 00:01:03,600 --> 00:01:06,160 Speaker 1: Trump sets to begin the daily Coronavirus Task Force briefing 18 00:01:06,200 --> 00:01:09,200 Speaker 1: at five pm Eastern. You can catch that right, here 19 00:01:09,800 --> 00:01:12,560 Speaker 1: on Bloomberg ninety one FM. Lots to get through. We 20 00:01:12,640 --> 00:01:15,959 Speaker 1: begin tonight with a prominent member who has been wrapped 21 00:01:16,040 --> 00:01:19,440 Speaker 1: up and really leading a leading voice in conservative circles 22 00:01:19,520 --> 00:01:22,920 Speaker 1: for the energy uh sector, Congressman Greg Walden. Of course, 23 00:01:22,959 --> 00:01:27,640 Speaker 1: I'm talking about Congressman Greg Walden, a Republican on the 24 00:01:28,280 --> 00:01:31,760 Speaker 1: representing Organs second Congressional District. Congressman Walden, thank you so 25 00:01:31,840 --> 00:01:36,000 Speaker 1: much for joining us. UM. The President convened a tell 26 00:01:36,080 --> 00:01:39,880 Speaker 1: of meeting which you reportedly were on yesterday, and he's 27 00:01:39,880 --> 00:01:44,080 Speaker 1: floated providing funds for the oil and gas industry given 28 00:01:44,120 --> 00:01:47,160 Speaker 1: all of the volatility that has gone on. I'm sorry 29 00:01:47,200 --> 00:01:49,720 Speaker 1: Secretary Roulette had that phone call. Can you tell us 30 00:01:49,760 --> 00:01:53,040 Speaker 1: you give us an update about where things stand in 31 00:01:53,160 --> 00:01:59,000 Speaker 1: terms of how to inject some stability into the markets. Well, yeah, 32 00:01:59,000 --> 00:02:01,200 Speaker 1: and thanks for having me on. Look. It's this is 33 00:02:01,200 --> 00:02:04,920 Speaker 1: an important part of America's energy and energy sectors are 34 00:02:04,960 --> 00:02:08,480 Speaker 1: really important part of America's economic renaissance. If you will, 35 00:02:08,520 --> 00:02:11,120 Speaker 1: you've seen what's happened all across the country as we 36 00:02:11,200 --> 00:02:14,000 Speaker 1: became not only energy independent, but all the jobs and 37 00:02:14,040 --> 00:02:17,760 Speaker 1: economy that went with that. We had a remarkable positive 38 00:02:17,800 --> 00:02:21,240 Speaker 1: effect in so many sectors of our nation. We know 39 00:02:21,360 --> 00:02:24,320 Speaker 1: that our competitors, UM would love to see that go 40 00:02:24,400 --> 00:02:27,640 Speaker 1: into decline, the Sieties, the Russians and others, and we 41 00:02:27,720 --> 00:02:30,200 Speaker 1: can't let that happen. Then you have the whole COVID 42 00:02:30,280 --> 00:02:32,600 Speaker 1: thing coming on top of it. So what we're looking 43 00:02:32,639 --> 00:02:34,560 Speaker 1: at is how do you how do you provide a 44 00:02:34,560 --> 00:02:37,959 Speaker 1: safety net for this incredible job producing part, high wage 45 00:02:38,040 --> 00:02:41,680 Speaker 1: job producing part of our economy. Secretary of Energy Dan 46 00:02:42,200 --> 00:02:45,480 Speaker 1: Yet terrific. He's very thoughtfully smart. Used to be the 47 00:02:45,840 --> 00:02:49,520 Speaker 1: Chief Council Staff Director on the Energy Commerce Committee. I mean, 48 00:02:49,560 --> 00:02:52,800 Speaker 1: he knows how Congress works. He knows the energy sector well. 49 00:02:53,320 --> 00:02:56,680 Speaker 1: And so he's already contracted for leasing space for twenty 50 00:02:56,720 --> 00:02:59,560 Speaker 1: three million barrels of oil. They're putting out an RFP 51 00:02:59,720 --> 00:03:02,840 Speaker 1: next week for an additional twenty seven million barrels of oil. 52 00:03:03,160 --> 00:03:06,080 Speaker 1: Congress long ago gave them the authority. This is like 53 00:03:06,639 --> 00:03:10,680 Speaker 1: way long ago, UM, the authority to go do this, UM. 54 00:03:10,800 --> 00:03:13,360 Speaker 1: And so we can do storage for long term we 55 00:03:13,400 --> 00:03:15,519 Speaker 1: can help. As you know, part of the issue driving 56 00:03:15,560 --> 00:03:18,919 Speaker 1: price down is there's literally very little storage left anywhere 57 00:03:18,960 --> 00:03:22,639 Speaker 1: in the world. So Congress authorized Department of Energy to 58 00:03:22,720 --> 00:03:25,919 Speaker 1: spore up to a billion barrels of oil and it's 59 00:03:25,960 --> 00:03:29,080 Speaker 1: not limited and where they store that oil. So he's 60 00:03:29,120 --> 00:03:31,720 Speaker 1: offering to work with Congress, with our neighbors to the 61 00:03:31,720 --> 00:03:34,440 Speaker 1: north and south. Um, we need to have a North 62 00:03:34,480 --> 00:03:38,600 Speaker 1: American energy plan here, UM, and become very independent and 63 00:03:38,720 --> 00:03:41,440 Speaker 1: very competitive in this environment. And a lot left these 64 00:03:41,480 --> 00:03:46,280 Speaker 1: outside OPEC and others try and just destroy our infrastructure, 65 00:03:46,320 --> 00:03:48,720 Speaker 1: which is part of what's going on here, in addition 66 00:03:48,760 --> 00:03:51,720 Speaker 1: to the clear drop off in demand and everything related 67 00:03:51,760 --> 00:03:54,600 Speaker 1: to COVID. But there have so many follow questions, but 68 00:03:54,960 --> 00:03:57,080 Speaker 1: we're limited on time, So I want to I want 69 00:03:57,080 --> 00:03:58,720 Speaker 1: to stick with one thing you said about that plan, 70 00:03:58,800 --> 00:04:02,280 Speaker 1: the North American plan. How do we what what should 71 00:04:02,280 --> 00:04:06,120 Speaker 1: that plan look like with Mexico and Canada. Well, I 72 00:04:06,120 --> 00:04:09,920 Speaker 1: I've talked to the Premier of Alberta, I've talked to others, 73 00:04:09,960 --> 00:04:12,320 Speaker 1: and he's working with them and they're working this thing out. 74 00:04:12,440 --> 00:04:15,440 Speaker 1: I mean, clearly, we have a lot of energy production 75 00:04:15,480 --> 00:04:18,960 Speaker 1: acrosses back and forth over our borders as it is. UM. 76 00:04:19,240 --> 00:04:22,080 Speaker 1: You think about the pipelines back and forth, you think 77 00:04:22,120 --> 00:04:25,680 Speaker 1: about different production, different types of oil, and so there's 78 00:04:25,720 --> 00:04:30,039 Speaker 1: there's a lot of commonality here where we can work together. UM. 79 00:04:30,120 --> 00:04:32,520 Speaker 1: And and try and deal in when we get things 80 00:04:32,600 --> 00:04:36,039 Speaker 1: back into a little more balance. Um uh, in in 81 00:04:36,040 --> 00:04:38,960 Speaker 1: in partnership and and I just think there are ways 82 00:04:39,040 --> 00:04:42,400 Speaker 1: you can do that. Um. Certainly moving forward as the 83 00:04:42,400 --> 00:04:47,719 Speaker 1: Trump administration has the Keystone Pipeline, the Province of Alberta 84 00:04:47,880 --> 00:04:52,200 Speaker 1: is now an investor in that pipeline and is rapidly putting, 85 00:04:52,880 --> 00:04:56,040 Speaker 1: you know, shovels in the ground. They're they're they're doing 86 00:04:56,080 --> 00:04:59,200 Speaker 1: their things there. That helps us bring oil out of 87 00:04:59,200 --> 00:05:02,800 Speaker 1: the vodka then down I mean in asking, I mean, 88 00:05:02,800 --> 00:05:06,320 Speaker 1: there's a lot we can do collectively with our neighbors 89 00:05:06,320 --> 00:05:09,040 Speaker 1: to the north and south, uh, to really have a 90 00:05:09,120 --> 00:05:11,560 Speaker 1: North American view of energy and not just the whip 91 00:05:11,640 --> 00:05:14,479 Speaker 1: side by OPEC or the Russians or somebody. Congressman Greg 92 00:05:14,480 --> 00:05:18,680 Speaker 1: Walden's on the line. He's a Republican from Oregon second 93 00:05:18,680 --> 00:05:23,080 Speaker 1: Congressional District, also the top Republican on the House Energy Committee. Congressman, Look, 94 00:05:23,200 --> 00:05:25,960 Speaker 1: I gotta be honest, Why are the Saudi's doing this 95 00:05:26,040 --> 00:05:28,799 Speaker 1: to us? Why are they poking us like this? What's 96 00:05:28,800 --> 00:05:32,920 Speaker 1: their long play? And should there be consequences? Well? Yeah, 97 00:05:32,960 --> 00:05:36,760 Speaker 1: I think there should. Um, you know, uh, it's a 98 00:05:36,880 --> 00:05:40,440 Speaker 1: really good question. And I know the President's spoken directly 99 00:05:40,480 --> 00:05:43,600 Speaker 1: with Saudi leader Um and you know has leaned him 100 00:05:43,600 --> 00:05:47,120 Speaker 1: pretty hard. Look, we I think, out of this whole 101 00:05:47,160 --> 00:05:50,120 Speaker 1: COVID crisis, we we've really begun to see who our 102 00:05:50,160 --> 00:05:52,919 Speaker 1: friends are and who they're not. Where our supply chains 103 00:05:52,920 --> 00:05:56,200 Speaker 1: are weak, where they're vulnerable, where they're not. And I 104 00:05:56,240 --> 00:05:59,480 Speaker 1: think you see in time and need, the House of 105 00:05:59,560 --> 00:06:01,719 Speaker 1: Sade is not been there like they could have been. 106 00:06:02,000 --> 00:06:04,000 Speaker 1: They could have let up on this a long time ago, 107 00:06:04,040 --> 00:06:06,760 Speaker 1: but they doubled down. Part of it's their their competition 108 00:06:06,800 --> 00:06:10,440 Speaker 1: with Russia, but combined I had the side benefit of 109 00:06:10,480 --> 00:06:13,480 Speaker 1: trying to knock us off the block. It's a competitive 110 00:06:13,520 --> 00:06:18,599 Speaker 1: world and oils a competitive priced product. But they've they've 111 00:06:18,640 --> 00:06:21,480 Speaker 1: done damage here and I'll tell you they're they're They've 112 00:06:21,520 --> 00:06:24,680 Speaker 1: lost some friends in the Congress UM that have supported 113 00:06:24,800 --> 00:06:29,200 Speaker 1: UH this relationship, and I think it was pretty shortsighted 114 00:06:29,240 --> 00:06:33,320 Speaker 1: on on their part. I mean, as a reporter covering this, 115 00:06:33,960 --> 00:06:37,080 Speaker 1: is this the US Saudi relationship over the past four years, 116 00:06:37,080 --> 00:06:40,200 Speaker 1: in particular, there have been several Republicans who have stood 117 00:06:40,200 --> 00:06:43,760 Speaker 1: by the Saudis through thick and thin. And we don't 118 00:06:43,760 --> 00:06:46,360 Speaker 1: have to relitigate and go through the timeline. It's quite 119 00:06:46,400 --> 00:06:51,960 Speaker 1: baffling to see their performance over the last several Yeah, yeah, 120 00:06:53,400 --> 00:06:56,120 Speaker 1: you know, and even within in the Saudis, there's part 121 00:06:56,120 --> 00:06:59,000 Speaker 1: of the family that supports the Madrasses that then pose 122 00:06:59,080 --> 00:07:01,560 Speaker 1: a threat to the region, to the government. I mean, 123 00:07:01,560 --> 00:07:05,600 Speaker 1: it's it's a very complicated part of the world, as 124 00:07:05,640 --> 00:07:08,760 Speaker 1: you know, to begin with. And um, you know, they 125 00:07:08,839 --> 00:07:11,960 Speaker 1: do play an important role at times, um in a 126 00:07:12,040 --> 00:07:17,800 Speaker 1: in a pretty um complicated and difficult neighborhood. But you know, 127 00:07:18,000 --> 00:07:20,520 Speaker 1: at some point we got to put America first here 128 00:07:20,760 --> 00:07:24,080 Speaker 1: and uh and I know the President believes that, and 129 00:07:24,320 --> 00:07:26,440 Speaker 1: and you know he's he's laid down the law a bit, 130 00:07:26,560 --> 00:07:30,040 Speaker 1: so you know, we'll get through this. Um. But but 131 00:07:30,120 --> 00:07:33,320 Speaker 1: a lot of what we're facing right now is global 132 00:07:33,800 --> 00:07:37,920 Speaker 1: and it's COVID and it's enormous, unprecedented drops in demand. 133 00:07:38,200 --> 00:07:40,560 Speaker 1: And by the way, you had your traders, I know, 134 00:07:40,640 --> 00:07:43,360 Speaker 1: one of the comments before we came up live was 135 00:07:43,680 --> 00:07:46,400 Speaker 1: what was about the oil side. Now, look, some of 136 00:07:46,400 --> 00:07:49,560 Speaker 1: these traders never thought they'd have to take possession. They've 137 00:07:49,560 --> 00:07:52,440 Speaker 1: always played that game. And guess what, all of a sudden, 138 00:07:53,240 --> 00:07:55,000 Speaker 1: the bill came do and there was no place to 139 00:07:55,040 --> 00:07:57,560 Speaker 1: put the oil and nobody wanted it, and well that 140 00:07:57,640 --> 00:08:00,560 Speaker 1: drove the speculators down to zero and they're they're not 141 00:08:00,600 --> 00:08:03,760 Speaker 1: doing well. So you know there's that part of the 142 00:08:03,800 --> 00:08:06,120 Speaker 1: market cores. So we have twenty seconds left, so quickly. 143 00:08:06,160 --> 00:08:08,840 Speaker 1: What's your message to refinery workers who really just want 144 00:08:08,840 --> 00:08:10,680 Speaker 1: to get back to work, they just want to get 145 00:08:10,680 --> 00:08:14,760 Speaker 1: back into the refineries and get backed out there. Well, 146 00:08:14,880 --> 00:08:17,440 Speaker 1: we we need we need to help them, and it 147 00:08:17,480 --> 00:08:20,320 Speaker 1: needs to be bipartisan. And the ao c s in 148 00:08:20,360 --> 00:08:22,840 Speaker 1: the world um are willing to throw them into the 149 00:08:22,880 --> 00:08:25,920 Speaker 1: unemployment lines, and we can't let that happen. They're too 150 00:08:25,960 --> 00:08:30,040 Speaker 1: important part of America's economy. All right, Congressman Greg Waldon, 151 00:08:30,080 --> 00:08:31,600 Speaker 1: thank you so much, Rank you member of the House 152 00:08:31,680 --> 00:08:34,120 Speaker 1: Energy Committee, and welcome back any time, my friend. Thank 153 00:08:34,160 --> 00:08:36,040 Speaker 1: you so much the Congress from Waldon, coming up next, 154 00:08:36,400 --> 00:08:38,959 Speaker 1: more policy and politics, the latest with Governor Hogan. You 155 00:08:38,960 --> 00:08:41,280 Speaker 1: don't want to miss that. I'm Kevin Cirelli. You're listening 156 00:08:41,280 --> 00:08:47,040 Speaker 1: to Bloomberg. You're listening to Bloomberg Sound On with Kevin 157 00:08:47,040 --> 00:08:51,160 Speaker 1: Sirele on Bloomberg and one oh five point seven FM 158 00:08:51,280 --> 00:08:55,240 Speaker 1: h D two. I'm Kevin Cirelli, Chief Washington correspondent for 159 00:08:55,320 --> 00:08:59,480 Speaker 1: Bloomberg Television and Bloomberg Radio, and we are officially on 160 00:09:00,000 --> 00:09:05,160 Speaker 1: Ellie Coronavirus Task Force Briefing Standby for President Trump. You 161 00:09:05,200 --> 00:09:09,920 Speaker 1: can catch that at PM Eastern right here on Bloomberg nine, 162 00:09:10,440 --> 00:09:12,920 Speaker 1: joining us online. Good friend of the program. Hey, it's 163 00:09:12,920 --> 00:09:15,040 Speaker 1: been a minute since he's been on. We've we've kept 164 00:09:15,080 --> 00:09:18,160 Speaker 1: having to We've kept having to reschedule because he gets 165 00:09:18,160 --> 00:09:20,720 Speaker 1: bumped every time we schedule him by the President of 166 00:09:20,760 --> 00:09:23,800 Speaker 1: the United States. Tyler Deaton's on the line, Republican strategist 167 00:09:23,840 --> 00:09:28,720 Speaker 1: and fundraiser, president of Allegiance Strategies. Hey, ty how are you. 168 00:09:29,559 --> 00:09:33,000 Speaker 1: I'm thrilled to be here, happy to be healthy, hanging 169 00:09:33,040 --> 00:09:38,480 Speaker 1: out in my quarantine talking to Thank you, Tyler. H So, 170 00:09:38,600 --> 00:09:42,480 Speaker 1: you're one of the most insidery types and amongst Republican 171 00:09:42,480 --> 00:09:45,760 Speaker 1: circles and whatnot. And I we were talking about this yesterday, 172 00:09:45,800 --> 00:09:49,160 Speaker 1: and I want to continue the conversation because so much 173 00:09:49,200 --> 00:09:52,000 Speaker 1: of this back and forth between Republican Governor Larry Hogan 174 00:09:52,160 --> 00:09:55,680 Speaker 1: and President Trump, it's just been fascinating. What's the play 175 00:09:55,679 --> 00:09:59,560 Speaker 1: here for Governor Hogan? Well, I think that the play 176 00:09:59,600 --> 00:10:02,120 Speaker 1: for Governor Or Hogan is he's actually just trying to 177 00:10:02,320 --> 00:10:05,640 Speaker 1: keep Maryland safe. That's such a boss move that he 178 00:10:05,720 --> 00:10:09,720 Speaker 1: went and bought half a million tests on his own 179 00:10:09,800 --> 00:10:12,520 Speaker 1: from South Korea. I mean, the whole country has only 180 00:10:12,600 --> 00:10:16,400 Speaker 1: tested five million people, So you know, he's bumping up 181 00:10:16,440 --> 00:10:19,560 Speaker 1: Maryland's testing capacity to be more than basically any other 182 00:10:19,679 --> 00:10:23,160 Speaker 1: state except for California. UM. I think he's just doing 183 00:10:23,160 --> 00:10:26,520 Speaker 1: it to be a great governor. I would tell you though, 184 00:10:26,559 --> 00:10:30,160 Speaker 1: that four Republicans on the hill, UM, there's definitely quite 185 00:10:30,160 --> 00:10:32,360 Speaker 1: a few people who look at the situation and wonder 186 00:10:32,400 --> 00:10:35,920 Speaker 1: how different things would be if somebody like Governor Hogan 187 00:10:36,360 --> 00:10:40,200 Speaker 1: was actually managing the response for the entire government, um, 188 00:10:40,320 --> 00:10:43,320 Speaker 1: rather than how it's being handled. Well, he's frequently I mean, 189 00:10:43,360 --> 00:10:45,280 Speaker 1: I know we're a long way out and there's a 190 00:10:45,320 --> 00:10:47,600 Speaker 1: lot can happen between now and them, but he's frequently 191 00:10:47,640 --> 00:10:50,640 Speaker 1: rumored to have presidential ambitions for twenty four right. I mean, 192 00:10:50,640 --> 00:10:54,280 Speaker 1: that's that's in the conversation. We should definitely um, and look, 193 00:10:54,360 --> 00:10:56,760 Speaker 1: he is handling this so well. But there are a 194 00:10:56,800 --> 00:10:59,360 Speaker 1: few governors that I think have really stepped up in this, 195 00:10:59,480 --> 00:11:01,880 Speaker 1: and they've then on both sides of the aisle. I 196 00:11:01,960 --> 00:11:04,600 Speaker 1: would want to say that probably the governor who has 197 00:11:04,720 --> 00:11:07,040 Speaker 1: surprised me the most on the upside has been Governor 198 00:11:07,080 --> 00:11:10,559 Speaker 1: Gavin Newsoon Mount in California. UM, I think for a 199 00:11:10,600 --> 00:11:13,280 Speaker 1: Republican like me, I've actually been really impressed with how 200 00:11:13,280 --> 00:11:15,920 Speaker 1: he handled this. But of course Governor hogans doing an 201 00:11:15,960 --> 00:11:18,600 Speaker 1: incredible job. I really don't think that this has anything 202 00:11:18,640 --> 00:11:22,160 Speaker 1: to do with presidential politics. Um, but boy, you know 203 00:11:22,679 --> 00:11:24,640 Speaker 1: how much well No, I mean, I don't want to. 204 00:11:24,679 --> 00:11:26,520 Speaker 1: I want to. I want to correct myself. I'm not 205 00:11:26,600 --> 00:11:29,040 Speaker 1: insinuating that has anything to do with presidential ambitions, but 206 00:11:29,080 --> 00:11:32,440 Speaker 1: I think when you when you cover uh a leader 207 00:11:32,520 --> 00:11:35,800 Speaker 1: who is rumored to have presidential ambitions, it's you have 208 00:11:35,880 --> 00:11:39,160 Speaker 1: to It's interesting now that part of the governor's story 209 00:11:39,280 --> 00:11:42,840 Speaker 1: is this back and forth with President Trump, and especially 210 00:11:42,840 --> 00:11:45,360 Speaker 1: when he's received praise for his handling of this, and 211 00:11:45,400 --> 00:11:49,240 Speaker 1: he actually sent a letter to President Trump yesterday afternoon 212 00:11:49,360 --> 00:11:53,400 Speaker 1: thanking the president for quote continued coordination end quote between 213 00:11:53,440 --> 00:11:56,480 Speaker 1: the federal and state governments. I'm reading a report from 214 00:11:56,480 --> 00:11:59,640 Speaker 1: the Baltimore Sun, so it's it's just been a really 215 00:11:59,679 --> 00:12:03,000 Speaker 1: inter resting dance. And I do want to note reading 216 00:12:03,000 --> 00:12:06,520 Speaker 1: from Fox News now that he actually has also said. 217 00:12:06,600 --> 00:12:09,120 Speaker 1: He's also saying that he's going to allow barbershops and 218 00:12:09,160 --> 00:12:13,840 Speaker 1: hair salons to reopen by appointment only to serve some 219 00:12:14,120 --> 00:12:18,480 Speaker 1: essential workers like military personnel and first responders. So, you know, 220 00:12:18,800 --> 00:12:21,040 Speaker 1: I think a lot of folks have been Lord knows 221 00:12:21,080 --> 00:12:23,680 Speaker 1: a lot of us need haircuts. So if you follow 222 00:12:24,640 --> 00:12:27,439 Speaker 1: sophisticated response, I mean, I think that that's what people 223 00:12:27,480 --> 00:12:30,840 Speaker 1: are enamored with. Like he's getting these tests. They're gonna 224 00:12:30,880 --> 00:12:34,320 Speaker 1: have testing capacity in Maryland. They're opening up in smart 225 00:12:34,360 --> 00:12:37,280 Speaker 1: and strategic ways. You know, I think we need that 226 00:12:37,360 --> 00:12:40,080 Speaker 1: in all fifty states. That's the kind of leadership that 227 00:12:40,120 --> 00:12:42,720 Speaker 1: I hope other governors will emulate. And again, I'll just 228 00:12:42,760 --> 00:12:45,400 Speaker 1: tell you, you you know, more than a few Republicans have 229 00:12:45,559 --> 00:12:48,640 Speaker 1: shared with me like the same kind of quiet thought, like, wow, 230 00:12:49,000 --> 00:12:52,080 Speaker 1: wouldn't it be creative somebody like Hogan was managing the 231 00:12:52,080 --> 00:12:55,800 Speaker 1: whole thing alright. Meanwhile, up on Capitol Hill tomorrow, the 232 00:12:55,840 --> 00:12:59,600 Speaker 1: House is going to vote to replenish the small business 233 00:12:59,600 --> 00:13:04,600 Speaker 1: submitted station loan program that the Senate did yesterday. Any 234 00:13:04,640 --> 00:13:06,920 Speaker 1: any rumblings of what you're hearing could be in the 235 00:13:06,920 --> 00:13:11,240 Speaker 1: next round of economic stimulus. So right now we have 236 00:13:11,440 --> 00:13:15,080 Speaker 1: a huge divide over with the scope of the next 237 00:13:15,120 --> 00:13:18,520 Speaker 1: bill should be. And it's not just a partisan divide. 238 00:13:18,640 --> 00:13:22,960 Speaker 1: There's a real disagreement right now between Treasury Secretary Manuchin 239 00:13:23,520 --> 00:13:26,880 Speaker 1: and some center Republicans over how big this next package 240 00:13:26,880 --> 00:13:29,480 Speaker 1: should be. I mean, Secretary Manuchin was on the news 241 00:13:29,600 --> 00:13:34,199 Speaker 1: yesterday thing he wants infrastructure, he wants large UM financial 242 00:13:34,240 --> 00:13:38,199 Speaker 1: packages for healthcare, for state and local government, and in 243 00:13:38,240 --> 00:13:41,440 Speaker 1: some ways his his initial did looks more similar to 244 00:13:41,480 --> 00:13:44,360 Speaker 1: what how Democrats are considering. So there's gonna be a 245 00:13:44,400 --> 00:13:47,400 Speaker 1: long process here to figure out what Senate Republicans, who 246 00:13:47,440 --> 00:13:49,880 Speaker 1: have the majority in the upper Chamber are willing to 247 00:13:49,920 --> 00:13:53,440 Speaker 1: go along with Leader McConnell is already signaling that UM, 248 00:13:53,480 --> 00:13:56,719 Speaker 1: we're spending too much UH and racking up too much 249 00:13:56,760 --> 00:14:00,360 Speaker 1: new debt in our response to COVID nineteam. I'm not 250 00:14:00,400 --> 00:14:02,680 Speaker 1: sure though, if I were just step back and try 251 00:14:02,720 --> 00:14:05,200 Speaker 1: to be as impartial as I can, I'm not sure 252 00:14:05,240 --> 00:14:07,559 Speaker 1: that Leader McConnell has all of the Republicans on board. 253 00:14:07,600 --> 00:14:10,600 Speaker 1: I think that right now, UM debt is not the 254 00:14:10,640 --> 00:14:13,120 Speaker 1: first thing on their mind. For a few of them, 255 00:14:13,120 --> 00:14:15,800 Speaker 1: it's re election this fall, but for others it's just 256 00:14:15,880 --> 00:14:19,040 Speaker 1: tackling this epidemic. I mean, state and local government have 257 00:14:19,680 --> 00:14:24,080 Speaker 1: had a huge hole blown into their budgets, and I 258 00:14:24,120 --> 00:14:26,360 Speaker 1: think that nobody knows right now exactly how we're going 259 00:14:26,400 --> 00:14:28,520 Speaker 1: to sort that out. And I would already tell you 260 00:14:28,600 --> 00:14:31,520 Speaker 1: that whenever there's a Phase four bill, there will still 261 00:14:31,560 --> 00:14:33,920 Speaker 1: have to be a Phase five bill as we get 262 00:14:33,920 --> 00:14:36,000 Speaker 1: into the summer and figure out exactly what is the 263 00:14:36,040 --> 00:14:40,040 Speaker 1: economic damage from COVID nightteen. So McConnell's usually, I mean, 264 00:14:40,200 --> 00:14:44,360 Speaker 1: he doesn't talk unfloat ideas unless there's strategy behind it. 265 00:14:44,560 --> 00:14:46,520 Speaker 1: So what was the thinking when he went on Hugh 266 00:14:46,520 --> 00:14:49,440 Speaker 1: Hewitt's program earlier today and floated the idea of state 267 00:14:49,480 --> 00:14:53,240 Speaker 1: bill outs. What's the calculation there? I think that Leader 268 00:14:53,320 --> 00:14:55,600 Speaker 1: McConnell just doesn't want people to think that this is 269 00:14:55,840 --> 00:14:59,000 Speaker 1: a giveaway or a grab bag, you know. I mean, 270 00:14:59,000 --> 00:15:01,960 Speaker 1: he postured himself going into this, let's let's call the 271 00:15:02,040 --> 00:15:06,080 Speaker 1: bill right now phase three point five. He initially said 272 00:15:06,120 --> 00:15:08,280 Speaker 1: he would not allow anything to be attached to it 273 00:15:08,400 --> 00:15:11,120 Speaker 1: beyond the PPC money, and of course it ended up 274 00:15:11,120 --> 00:15:14,920 Speaker 1: doubling inside from a quarter trillions to half a trillion dollars, 275 00:15:15,000 --> 00:15:17,480 Speaker 1: and they did add all sorts of other money beyond PPP, 276 00:15:18,000 --> 00:15:20,840 Speaker 1: so I think that it's an opening bid. Obviously, he 277 00:15:21,080 --> 00:15:24,880 Speaker 1: is the best negotiator in Congress any of the Chamber, 278 00:15:24,920 --> 00:15:29,200 Speaker 1: anither party. I'm sure he has a plan. But the 279 00:15:29,840 --> 00:15:33,240 Speaker 1: reality for for us and for your listeners is the 280 00:15:33,320 --> 00:15:37,400 Speaker 1: debt here is real, right. The Federal Reserve is um 281 00:15:37,600 --> 00:15:41,080 Speaker 1: creating a lot of new programs. Congress is spending a 282 00:15:41,280 --> 00:15:44,760 Speaker 1: lot of borrowed money at some point, and I don't 283 00:15:44,760 --> 00:15:46,640 Speaker 1: think it's in the middle of the pandemic, but at 284 00:15:46,680 --> 00:15:48,440 Speaker 1: some point down the road, we are going to have 285 00:15:48,480 --> 00:15:51,320 Speaker 1: to look at this debt spending and consider how do 286 00:15:51,400 --> 00:15:53,600 Speaker 1: we make this work for the long haul. I don't 287 00:15:53,600 --> 00:15:56,880 Speaker 1: think that conversation is going to happen until after November, though, 288 00:15:57,000 --> 00:15:59,320 Speaker 1: do you know? And it shouldn't know. I mean, and 289 00:15:59,560 --> 00:16:01,280 Speaker 1: I think that thing, it's like ry all of a 290 00:16:01,280 --> 00:16:04,480 Speaker 1: sudden hour, people worried about that. I just want to 291 00:16:04,480 --> 00:16:07,240 Speaker 1: get on the record. This is and I we gotta Tyler, 292 00:16:07,280 --> 00:16:08,960 Speaker 1: you're gonna stay with us, But I mean, they just 293 00:16:09,040 --> 00:16:10,640 Speaker 1: want to get on the record. It's why It's why 294 00:16:10,680 --> 00:16:13,080 Speaker 1: I find Hogan's back and forth with Trump so interesting, 295 00:16:13,400 --> 00:16:16,080 Speaker 1: is because it's part of his record. Now, a lot 296 00:16:16,080 --> 00:16:17,880 Speaker 1: of these Republicans they want to be on the record 297 00:16:18,280 --> 00:16:20,280 Speaker 1: to say two years from now that they were there. 298 00:16:20,520 --> 00:16:23,720 Speaker 1: Coming up next, more of a Tyler Dayton, Republican strategists 299 00:16:24,080 --> 00:16:29,200 Speaker 1: and also fundraiser and president of Allegiance Strategies. I'm Kevin Sireli, 300 00:16:29,320 --> 00:16:32,800 Speaker 1: chief Washington correspondent for Bloomberg TV and Bloomberg Radio. And 301 00:16:32,880 --> 00:16:45,920 Speaker 1: you are listening to Bloomberg. This is Bloomberg Sound On 302 00:16:46,320 --> 00:16:51,480 Speaker 1: with Kevin on Bloomberg and one or five point h 303 00:16:51,600 --> 00:16:56,600 Speaker 1: D two. I'm Kevin Sireli, chief Washington correspondent for Bloomberg 304 00:16:56,600 --> 00:16:59,800 Speaker 1: Television and Bloomberg Radio. You can listen to President Trump's 305 00:17:00,160 --> 00:17:03,800 Speaker 1: daily Coronavirus Task Force Briefing at five pm Eastern right 306 00:17:03,840 --> 00:17:08,239 Speaker 1: here on this station, Bloomberg. Tyler Neaton still with US 307 00:17:08,320 --> 00:17:14,120 Speaker 1: Republican strategist and fundraiser, president of Allegiance Strategies, and ty 308 00:17:14,280 --> 00:17:15,920 Speaker 1: I said, when we were doing the show, I said, 309 00:17:16,160 --> 00:17:18,080 Speaker 1: ty hasn't been on in years. It seems like it 310 00:17:18,160 --> 00:17:19,720 Speaker 1: might have been a couple of weeks pre pandemic. You 311 00:17:19,760 --> 00:17:22,280 Speaker 1: haven't been on during the pandemic. I said, hold him 312 00:17:22,320 --> 00:17:25,399 Speaker 1: for two segments because I never have enough time with Tyler. Tyler, 313 00:17:25,680 --> 00:17:29,440 Speaker 1: you wrote this op ed called headlined, vote by mail 314 00:17:29,600 --> 00:17:34,040 Speaker 1: is happening? Will we be ready? Theoretical opposition to mail 315 00:17:34,080 --> 00:17:36,560 Speaker 1: in voting is beside the point. We need to focus 316 00:17:36,560 --> 00:17:41,119 Speaker 1: on how state governments will meet demand for mail in ballots. Tyler, 317 00:17:41,160 --> 00:17:43,480 Speaker 1: I'll ask you the question that you answer in your 318 00:17:43,480 --> 00:17:48,800 Speaker 1: op ed, which is are we ready for mail and voting? Well, 319 00:17:48,960 --> 00:17:52,240 Speaker 1: the news splashes no, we're not, not in every state, 320 00:17:52,680 --> 00:17:55,240 Speaker 1: And the headline of the article could have also been 321 00:17:55,240 --> 00:17:58,000 Speaker 1: We're voting by mail, whether you like it or not. Right, 322 00:17:58,119 --> 00:18:01,600 Speaker 1: there's been this debate in the lab we over whether 323 00:18:01,680 --> 00:18:04,880 Speaker 1: or not we should vote by mail. All fifty states 324 00:18:04,920 --> 00:18:07,800 Speaker 1: already have an option to vote by mail. And the 325 00:18:08,280 --> 00:18:11,080 Speaker 1: variable is, you know, is it like Georgia or North 326 00:18:11,119 --> 00:18:14,280 Speaker 1: Carolina where only six percent of people are voting by mail? 327 00:18:14,760 --> 00:18:17,320 Speaker 1: Where is it like Utah or Washington State where a 328 00:18:17,400 --> 00:18:20,960 Speaker 1: hundred percent of people are voting by mail? Most states, 329 00:18:21,000 --> 00:18:24,840 Speaker 1: it's an absentee ballot process. And what I'm predicting and 330 00:18:25,240 --> 00:18:28,600 Speaker 1: Superpack that I work with, American Unity Pack, is looking 331 00:18:28,640 --> 00:18:32,080 Speaker 1: at these races and key battleground states and we're already 332 00:18:32,119 --> 00:18:35,600 Speaker 1: seeing huge upticks and interest for people who want to 333 00:18:35,640 --> 00:18:39,000 Speaker 1: vote by mail. I don't think that surprises anyone. But 334 00:18:39,080 --> 00:18:41,399 Speaker 1: I think that the debate over the last few weeks 335 00:18:41,400 --> 00:18:44,280 Speaker 1: has missed the point, which is that, um, you know, 336 00:18:44,359 --> 00:18:47,399 Speaker 1: maybe it is Georgia North Carolina, where only six percent 337 00:18:47,440 --> 00:18:49,880 Speaker 1: of people vote by mail in a normal year. This 338 00:18:49,960 --> 00:18:53,400 Speaker 1: year that could hit, it could hit. And so when 339 00:18:53,440 --> 00:18:56,520 Speaker 1: you have that many people wanting to vote by mail, 340 00:18:56,640 --> 00:18:59,639 Speaker 1: the systems are just not set up yet to allow 341 00:18:59,720 --> 00:19:01,879 Speaker 1: for it. And if we keep if we keep on 342 00:19:02,000 --> 00:19:04,760 Speaker 1: debating whether or not we should, we're gonna lose the 343 00:19:04,760 --> 00:19:08,119 Speaker 1: precious time to see. This is where I like, with 344 00:19:08,240 --> 00:19:10,600 Speaker 1: all due respect, I mean, this is where I just 345 00:19:10,640 --> 00:19:13,000 Speaker 1: get frustrated and I gotta watch it. But so I 346 00:19:13,040 --> 00:19:15,960 Speaker 1: want to make sure my question isn't opinionated. I see 347 00:19:15,960 --> 00:19:18,720 Speaker 1: these kids doing TikTok's. Have you heard of this time? 348 00:19:18,920 --> 00:19:22,080 Speaker 1: They do the TikTok's, but the dance moves and everything, 349 00:19:22,119 --> 00:19:24,159 Speaker 1: and they do like the j Lo dance or the 350 00:19:24,640 --> 00:19:28,000 Speaker 1: I don't even know. I mean, I don't get it. 351 00:19:28,040 --> 00:19:31,640 Speaker 1: But the technology that we have on our phone, okay, 352 00:19:31,640 --> 00:19:34,440 Speaker 1: where they can do the TikTok's, but you can't vote 353 00:19:34,440 --> 00:19:37,160 Speaker 1: on your phone. And they're telling you people are talking 354 00:19:37,200 --> 00:19:39,760 Speaker 1: about mail in voting, why don't we have the technology 355 00:19:39,840 --> 00:19:43,119 Speaker 1: or the infrastructure too. For I mean this, Shi, this 356 00:19:43,200 --> 00:19:46,200 Speaker 1: is a basic human American This is a basic American 357 00:19:46,320 --> 00:19:49,000 Speaker 1: right to vote, to vote, and people you want to 358 00:19:49,040 --> 00:19:52,560 Speaker 1: mail it in to me. It's just it's so antiquated. 359 00:19:52,920 --> 00:19:56,040 Speaker 1: And maybe I'm naive, but it's so antiquated, and it's 360 00:19:56,080 --> 00:19:58,919 Speaker 1: it should be such a non partisan issue. Republicans and 361 00:19:58,920 --> 00:20:02,440 Speaker 1: Democrats should just get in the room, figure out how 362 00:20:02,440 --> 00:20:04,960 Speaker 1: people are going to vote, and execute it, right. I mean, 363 00:20:05,440 --> 00:20:10,159 Speaker 1: I think this is so complicated needlessly, and it's more affordable, 364 00:20:10,280 --> 00:20:12,760 Speaker 1: and look, in a pandemic, we don't have the choice 365 00:20:12,800 --> 00:20:15,480 Speaker 1: because voting by mail is a little old fashioned, but 366 00:20:15,600 --> 00:20:19,600 Speaker 1: voting in person this fall could be deadly. And it's 367 00:20:19,640 --> 00:20:21,520 Speaker 1: just not going to be an option for young people, 368 00:20:21,560 --> 00:20:24,680 Speaker 1: for all people, for healthcare workers, and for unemployed people. 369 00:20:24,760 --> 00:20:27,000 Speaker 1: Like no one is going to be wanting to go 370 00:20:27,160 --> 00:20:29,320 Speaker 1: stand in a line with a bunch of other coughing 371 00:20:29,400 --> 00:20:32,680 Speaker 1: people in November. It's not gonna happen. And that's gonna 372 00:20:32,680 --> 00:20:34,639 Speaker 1: be true whether you're a Republican or a Democrat or 373 00:20:34,680 --> 00:20:37,960 Speaker 1: an independent. And so my goal right now is to 374 00:20:38,000 --> 00:20:41,920 Speaker 1: shift the conversation for everybody to say, look, we gotta 375 00:20:41,960 --> 00:20:44,679 Speaker 1: get smart. We have to implement this. We need to 376 00:20:44,720 --> 00:20:49,280 Speaker 1: make it, for example, available to request your absencee ballot online. Kevin, 377 00:20:49,320 --> 00:20:52,000 Speaker 1: you should know that there are still some states around 378 00:20:52,000 --> 00:20:55,000 Speaker 1: the country where to get your absencee ballot you have 379 00:20:55,119 --> 00:20:58,600 Speaker 1: to go somewhere in person to register for the ballot. 380 00:20:58,880 --> 00:21:03,320 Speaker 1: Right now easy and with we just make it search 381 00:21:03,400 --> 00:21:06,400 Speaker 1: that people can request them online in all fifty states. 382 00:21:06,760 --> 00:21:09,400 Speaker 1: That would be an upgrade. But I'll tell you, I 383 00:21:09,480 --> 00:21:12,880 Speaker 1: like what you're saying about technology. That is definitely something 384 00:21:12,920 --> 00:21:15,640 Speaker 1: we have to be thinking about beyond the pandemic. I'm 385 00:21:15,680 --> 00:21:17,680 Speaker 1: aware of a few groups who are looking at doing 386 00:21:17,720 --> 00:21:21,399 Speaker 1: blockchain secured voting, and you know, I think that for 387 00:21:21,480 --> 00:21:25,760 Speaker 1: anybody who's trying to increase voter turnout or protect against 388 00:21:25,840 --> 00:21:28,879 Speaker 1: voter fraud, technology is the key. And I think that 389 00:21:29,000 --> 00:21:32,240 Speaker 1: this is putting a spotlight on maybe just how old 390 00:21:32,280 --> 00:21:35,800 Speaker 1: fashioned and out of date are voting systems are. It's 391 00:21:35,880 --> 00:21:40,280 Speaker 1: just bizarre to me that after the election, when all 392 00:21:40,320 --> 00:21:44,920 Speaker 1: of the security questions were raised by Republicans and Democrats 393 00:21:44,920 --> 00:21:49,200 Speaker 1: in a nonpartisan way, that about how Russia graffitied all 394 00:21:49,240 --> 00:21:52,879 Speaker 1: over our democratic lowercase the institutions and just try to 395 00:21:53,240 --> 00:21:56,160 Speaker 1: make it run a muck that happened, and then now 396 00:21:56,320 --> 00:21:59,200 Speaker 1: we've got a pandemic. I mean, it's just it's nonsensical 397 00:21:59,320 --> 00:22:03,560 Speaker 1: that these elected officials just haven't come up with a solution. 398 00:22:03,640 --> 00:22:08,080 Speaker 1: But well, we have to harden our systems. And I 399 00:22:08,119 --> 00:22:10,920 Speaker 1: just wanted to mention that it's not just Russia. There's 400 00:22:10,960 --> 00:22:15,040 Speaker 1: a new report China this morning that China is working 401 00:22:15,119 --> 00:22:18,080 Speaker 1: just as hard to disrupt our systems. And so you know, 402 00:22:18,720 --> 00:22:22,480 Speaker 1: we have we have add adate systems, we have hostile 403 00:22:22,520 --> 00:22:25,879 Speaker 1: authoritarian states trying to attack our system and then we 404 00:22:25,920 --> 00:22:28,560 Speaker 1: have this virus. Okay, so like clearly we have to 405 00:22:28,640 --> 00:22:34,240 Speaker 1: behave differently. Um. My recommendation is that we so optimistic. Ti. Wow, 406 00:22:34,440 --> 00:22:38,560 Speaker 1: it's it's hoped and I'm here on your talent. I'm like, yeah, man, 407 00:22:38,600 --> 00:22:42,040 Speaker 1: I've ordered pizza tonight. Gosh, after that report, Go ahead, Tyler, 408 00:22:42,080 --> 00:22:44,919 Speaker 1: give me some optimism, buddy, bring me some optimism. This 409 00:22:45,000 --> 00:22:48,359 Speaker 1: you're getting a little too optimism. Give me home easy, 410 00:22:48,960 --> 00:22:52,000 Speaker 1: as I've already said. Um, one easy fix is let 411 00:22:52,000 --> 00:22:55,800 Speaker 1: people request their absentee ballots online. Um. And another easy 412 00:22:55,840 --> 00:22:58,400 Speaker 1: fix is to move more generally in a vote by 413 00:22:58,440 --> 00:23:02,280 Speaker 1: mail direction. There are very states like Utah that vote 414 00:23:02,320 --> 00:23:05,480 Speaker 1: exclusively by mail. And then of course there's blue states 415 00:23:05,480 --> 00:23:10,120 Speaker 1: like Washington, UH and Oregon that vote exclusively by mail. UM. 416 00:23:10,160 --> 00:23:12,640 Speaker 1: I think that there's something in it for everybody. It's 417 00:23:12,720 --> 00:23:15,399 Speaker 1: not a partisan issue. I just hope that with the 418 00:23:15,440 --> 00:23:18,359 Speaker 1: time we have left, people start to make these changes 419 00:23:18,359 --> 00:23:22,199 Speaker 1: and recognize that there will be record breaking numbers a 420 00:23:22,320 --> 00:23:25,399 Speaker 1: vote by mail this fall. Yeah. And meanwhile, you mentioned China, 421 00:23:25,520 --> 00:23:27,679 Speaker 1: and and that's why I want to take this this conversation. 422 00:23:27,800 --> 00:23:31,800 Speaker 1: Reuters reported earlier today that two US warships are operating 423 00:23:31,800 --> 00:23:34,960 Speaker 1: in the South China Sea. The Navy said that officially 424 00:23:35,080 --> 00:23:39,040 Speaker 1: on Tuesday, UH and three regional security sources saying they 425 00:23:39,040 --> 00:23:43,880 Speaker 1: were near an area of a standoff between China and Malaysia. UH. 426 00:23:44,040 --> 00:23:46,320 Speaker 1: The US has called on China to stop its quote 427 00:23:46,359 --> 00:23:50,560 Speaker 1: unquote bullying behavior end quote and the disputed waters and 428 00:23:50,640 --> 00:23:54,240 Speaker 1: the South China see. The Chinese government had to re 429 00:23:54,240 --> 00:23:58,280 Speaker 1: research ship that was spotted last week conducting a survey 430 00:23:58,320 --> 00:24:02,480 Speaker 1: close to an exploration vest operated by Malaysia state oil 431 00:24:02,560 --> 00:24:06,679 Speaker 1: company the Patronas, months after it undertook a similar patrol 432 00:24:06,720 --> 00:24:10,800 Speaker 1: off of Vietnam. So the US South and China tensions escalating. 433 00:24:11,160 --> 00:24:15,400 Speaker 1: UH in the South China. See what if any over 434 00:24:15,440 --> 00:24:19,000 Speaker 1: the over the next I guess five months before election day, 435 00:24:19,000 --> 00:24:22,800 Speaker 1: will there be a response from the administration against Beijing 436 00:24:22,880 --> 00:24:25,560 Speaker 1: And what might that look like. Well, Kevin, that's a 437 00:24:25,680 --> 00:24:29,679 Speaker 1: huge question, and you've got two minutes. We're not going 438 00:24:29,720 --> 00:24:32,520 Speaker 1: to solve all of our problems with China on this 439 00:24:32,680 --> 00:24:34,960 Speaker 1: radio program, but I'll want you one easy picks that 440 00:24:35,080 --> 00:24:37,720 Speaker 1: I know that people in the White House are thinking about, 441 00:24:37,720 --> 00:24:41,480 Speaker 1: which is that attaching to our trade agreements with China. 442 00:24:41,560 --> 00:24:45,320 Speaker 1: We still have ongoing trade negotiation. Attaching to that a 443 00:24:45,400 --> 00:24:49,360 Speaker 1: requirement that they banned the sale of exotic game in 444 00:24:49,400 --> 00:24:52,479 Speaker 1: these markets in China, and I think it's something that 445 00:24:52,520 --> 00:24:56,639 Speaker 1: could come none too soon. Um, it's really way past 446 00:24:56,640 --> 00:24:59,439 Speaker 1: time for China to crack down on the illegal trade 447 00:24:59,480 --> 00:25:03,879 Speaker 1: of exot animals. They're they're hunting down these endangered species 448 00:25:03,880 --> 00:25:06,919 Speaker 1: they're sold in these markets, and of course, you know 449 00:25:07,040 --> 00:25:10,680 Speaker 1: it's bad for the environment, it has bad public health implications, 450 00:25:10,720 --> 00:25:13,919 Speaker 1: and I think it's time that China shuts down this trade. 451 00:25:13,960 --> 00:25:15,760 Speaker 1: You'll hear some people saying that they have to shut 452 00:25:15,760 --> 00:25:18,719 Speaker 1: down these markets entirely, that's not the solution, but they 453 00:25:18,760 --> 00:25:21,520 Speaker 1: do have to crack animals that are being used for 454 00:25:21,520 --> 00:25:24,320 Speaker 1: for human consumption. They've got to crack down on that. 455 00:25:24,760 --> 00:25:26,359 Speaker 1: So how did how would that would that be a 456 00:25:26,640 --> 00:25:30,640 Speaker 1: congressional sex or would that not to off for the administration. 457 00:25:31,280 --> 00:25:34,960 Speaker 1: It's something the administration can do and demand that China, um, 458 00:25:35,000 --> 00:25:37,120 Speaker 1: you know, take those steps to comply with the next 459 00:25:37,200 --> 00:25:39,879 Speaker 1: round of trade negotiation. Um. And it might just be 460 00:25:40,000 --> 00:25:42,200 Speaker 1: the thing you know, we've known for a while, but 461 00:25:42,640 --> 00:25:47,399 Speaker 1: that the government in Beijing really doesn't fight these practices. Um. 462 00:25:47,440 --> 00:25:49,760 Speaker 1: They've been looking I think for an excuse to crack 463 00:25:49,840 --> 00:25:52,000 Speaker 1: down on it. I think that the US government has 464 00:25:52,040 --> 00:25:55,480 Speaker 1: to finally give them the excuse to crack down on 465 00:25:55,560 --> 00:25:59,760 Speaker 1: the the black market for exotic animals, this says. And 466 00:25:59,800 --> 00:26:02,520 Speaker 1: then the way, mind you, the reason they were created 467 00:26:02,800 --> 00:26:05,159 Speaker 1: was because the Communist Party couldn't feed all of the 468 00:26:05,240 --> 00:26:08,000 Speaker 1: people in rural China. Coming up next, much more on 469 00:26:08,040 --> 00:26:10,359 Speaker 1: the program, We check in with Bloomberg's Josh wind Grove 470 00:26:10,480 --> 00:26:12,800 Speaker 1: White House Reporter for the latest coming out of six 471 00:26:13,320 --> 00:26:16,160 Speaker 1: D Pennsylvania. Adarew Tyler, my friend, thank you so much 472 00:26:16,160 --> 00:26:20,360 Speaker 1: for coming on. What have you been watching on Netflix? Uh, 473 00:26:20,960 --> 00:26:23,080 Speaker 1: I haven't been watching Netflix. I've been watching Ado and 474 00:26:23,080 --> 00:26:26,760 Speaker 1: I've been rewatching true blood. Oh wow, all right, a 475 00:26:26,840 --> 00:26:29,000 Speaker 1: true blooder. All right, thank you so much time. I'm 476 00:26:29,040 --> 00:26:32,600 Speaker 1: Kevin Silly, Bloomberg, Chief Washington correspondent. You're listening to Bloomberg 477 00:26:32,680 --> 00:26:44,000 Speaker 1: ninety nine one. This is Bloomberg Sound On with Kevin 478 00:26:44,080 --> 00:26:48,480 Speaker 1: Surreley on Bloomberg and one oh five point seven FM 479 00:26:48,600 --> 00:26:55,600 Speaker 1: h D two. I'm Kevin Surreley, Chief Washington correspondent for 480 00:26:55,680 --> 00:26:58,720 Speaker 1: Bloomberg Television and Bloomberg Radio. We are on standby for 481 00:26:58,760 --> 00:27:02,120 Speaker 1: President Trump's daily Ronavirus Task Force briefing sets to begin 482 00:27:02,760 --> 00:27:06,240 Speaker 1: any any minute now, So we'll toss to that and 483 00:27:06,560 --> 00:27:09,719 Speaker 1: you can listen to that ready here on Bloomberg one. 484 00:27:09,800 --> 00:27:12,560 Speaker 1: Someone who has been all over covering the administration these 485 00:27:12,600 --> 00:27:14,760 Speaker 1: past few weeks are very go Josh Wind grows on 486 00:27:14,800 --> 00:27:17,560 Speaker 1: the line, Bloomberg White House reporter, Josh, how are you? 487 00:27:18,400 --> 00:27:21,280 Speaker 1: I'm good? How you doing? I can't complain right, There's 488 00:27:21,280 --> 00:27:22,919 Speaker 1: so much to be grateful for, and you know the 489 00:27:22,960 --> 00:27:25,359 Speaker 1: weather is starting to warm up. I went outside on 490 00:27:25,359 --> 00:27:27,159 Speaker 1: one of my walks. You know they tell you to 491 00:27:27,200 --> 00:27:30,240 Speaker 1: take walks, Take a walk, take a walk. Whenever you 492 00:27:30,280 --> 00:27:33,120 Speaker 1: get stressed, go outside, take a walk, take your mask, 493 00:27:33,200 --> 00:27:35,119 Speaker 1: and take a walk. I'm on a walk. Then the 494 00:27:35,160 --> 00:27:37,600 Speaker 1: wind comes again. I'm I am very sick of this wind. 495 00:27:37,640 --> 00:27:39,520 Speaker 1: But there's there's bigger problems in the world. We have 496 00:27:39,560 --> 00:27:41,720 Speaker 1: too much to be grateful for. What the heck is 497 00:27:41,760 --> 00:27:45,600 Speaker 1: going on with North Korea? Josh, Oh, that's a great question. 498 00:27:45,640 --> 00:27:47,680 Speaker 1: You know, we actually think we're probably coming close to 499 00:27:47,680 --> 00:27:50,240 Speaker 1: the US starting to hone in on something. But if 500 00:27:50,240 --> 00:27:52,399 Speaker 1: you know the reports of being like you know, the 501 00:27:52,480 --> 00:27:55,480 Speaker 1: US is monitoring it, they're looking at intelligence from it, 502 00:27:55,560 --> 00:27:59,560 Speaker 1: it's not clear that they actually are accessing their own intelligence, 503 00:27:59,600 --> 00:28:02,040 Speaker 1: and that the mixed signals from South Korea, from China 504 00:28:02,119 --> 00:28:05,520 Speaker 1: and the US, and as to the health of of 505 00:28:05,600 --> 00:28:07,879 Speaker 1: Kim jongland. So we'll see, we'll see what happens. But 506 00:28:07,960 --> 00:28:09,240 Speaker 1: you know, I think I think we could hear the 507 00:28:09,240 --> 00:28:12,200 Speaker 1: president address it shortly. We could hear the president and 508 00:28:12,280 --> 00:28:14,080 Speaker 1: we expect to hear him say that he signed this 509 00:28:14,200 --> 00:28:18,159 Speaker 1: executive order on immigration. We started the day with him 510 00:28:18,200 --> 00:28:23,040 Speaker 1: authorizing the navy to destroy Iranian gunboats, and we've like, 511 00:28:23,200 --> 00:28:26,720 Speaker 1: you know, really didn't talk about that at all. Well, 512 00:28:27,040 --> 00:28:29,159 Speaker 1: you know, it's been a multifaceted day here. You know, 513 00:28:29,440 --> 00:28:31,240 Speaker 1: it's been a it's been a foreign policy day, so 514 00:28:31,280 --> 00:28:34,160 Speaker 1: we covered North Korea earlier in the program, we addressed 515 00:28:34,200 --> 00:28:37,119 Speaker 1: the issue in the South China same You mentioned the 516 00:28:37,119 --> 00:28:41,040 Speaker 1: immigration executive order. What do we know the President started 517 00:28:41,280 --> 00:28:44,520 Speaker 1: tweeted that out earlier this morning. What specifically is President 518 00:28:44,520 --> 00:28:47,280 Speaker 1: Trump saying he wants to do with immigration. We know 519 00:28:47,400 --> 00:28:50,520 Speaker 1: that it is less big in scope than his tweet 520 00:28:50,760 --> 00:28:54,959 Speaker 1: late Monday announcing it suggested it's aimed at green cards 521 00:28:55,160 --> 00:28:59,720 Speaker 1: in in particular, Fox News has a report that this 522 00:28:59,840 --> 00:29:03,360 Speaker 1: is going to be a halt to diversity lottery green cards. 523 00:29:03,840 --> 00:29:07,120 Speaker 1: These are work green cards, team migration green cards for 524 00:29:07,160 --> 00:29:09,560 Speaker 1: people not in the country already, and that U s 525 00:29:09,600 --> 00:29:12,200 Speaker 1: c I S applications will not be affected. So that's 526 00:29:12,240 --> 00:29:14,880 Speaker 1: that's big. That means this is targeted and frankly a 527 00:29:14,880 --> 00:29:18,080 Speaker 1: little bit more of a messaging exercise because the bulk 528 00:29:18,160 --> 00:29:20,880 Speaker 1: of the immigration system, the gears look like they'll keep 529 00:29:20,880 --> 00:29:23,280 Speaker 1: on turning. But we still don't have details. You know, 530 00:29:23,320 --> 00:29:25,920 Speaker 1: they sort of trickled out since that tweet late Monday nights. 531 00:29:26,200 --> 00:29:28,080 Speaker 1: Classic Trump, you know, he throws it out there and 532 00:29:28,120 --> 00:29:32,080 Speaker 1: the sort of the bureaucracy catches up to him afterwards. 533 00:29:32,120 --> 00:29:34,920 Speaker 1: But it wasn't the work since before that tweet came 534 00:29:34,920 --> 00:29:37,560 Speaker 1: out late Monday. So, I mean it seems like, in 535 00:29:37,680 --> 00:29:40,280 Speaker 1: terms of the politics of this, domestic politics of this, 536 00:29:40,400 --> 00:29:43,640 Speaker 1: josh Wyn Grove Blueberg, White House reporter, the president's re 537 00:29:43,720 --> 00:29:46,720 Speaker 1: election campaign message is going to be reopened, the economy, 538 00:29:46,840 --> 00:29:49,880 Speaker 1: closed the borders. Yeah. Well, I mean I think he's 539 00:29:49,880 --> 00:29:53,680 Speaker 1: saying Americans is their first shot at jobs. Now, will 540 00:29:53,720 --> 00:29:56,440 Speaker 1: this measure actually fundamentally change that. I think you'll have 541 00:29:56,480 --> 00:29:58,320 Speaker 1: a lot of people saying if it moves it out, 542 00:29:58,520 --> 00:30:01,920 Speaker 1: they won't buy much. But he I think we'll rely 543 00:30:01,960 --> 00:30:05,320 Speaker 1: on this the political winner saying, hey, million Americans, whatever 544 00:30:05,320 --> 00:30:08,080 Speaker 1: the numbers, but most recently out of work. You know, 545 00:30:08,160 --> 00:30:11,960 Speaker 1: we shouldn't be issuing new green cards to folks. Green cards, 546 00:30:12,000 --> 00:30:14,840 Speaker 1: of course, are a sort of open ticket to work 547 00:30:14,880 --> 00:30:16,920 Speaker 1: anywhere in the States, whereas other visas tend to be 548 00:30:16,960 --> 00:30:20,920 Speaker 1: more targeted to maybe certainly around term or particular companies. 549 00:30:21,400 --> 00:30:23,440 Speaker 1: Green card, green card, you can just go work anywhere 550 00:30:23,480 --> 00:30:26,880 Speaker 1: you want. So he can target that and say, look, 551 00:30:26,960 --> 00:30:29,120 Speaker 1: you know we are at least we're pausing this. It's 552 00:30:29,160 --> 00:30:30,920 Speaker 1: only for sixty days, but he might extend it and 553 00:30:30,920 --> 00:30:34,560 Speaker 1: given in the selection, you're you know, make your bets 554 00:30:34,680 --> 00:30:37,000 Speaker 1: uh that he but you know, sixty days and he said, look, 555 00:30:37,000 --> 00:30:39,440 Speaker 1: we're giving Americans first kick at the cam. This is 556 00:30:39,440 --> 00:30:41,360 Speaker 1: a rough time and then and this is one measure 557 00:30:41,360 --> 00:30:43,720 Speaker 1: we're gonna do. I mean, he believes that immigration measures, 558 00:30:43,720 --> 00:30:47,440 Speaker 1: immigration crackdowns, in his view, are a political winner for him. 559 00:30:47,480 --> 00:30:49,320 Speaker 1: I mean that hasn't changed since he ran on election, 560 00:30:49,360 --> 00:30:52,240 Speaker 1: rent for election last time. As you know, No, Kevin 561 00:30:52,280 --> 00:30:54,840 Speaker 1: the Wall played a pretty big, pretty big role in that. 562 00:30:54,920 --> 00:30:57,120 Speaker 1: And this is sort of the latest the latest in 563 00:30:57,120 --> 00:30:59,200 Speaker 1: that client. All right, so that's what's going on with 564 00:30:59,520 --> 00:31:01,400 Speaker 1: ever great you should. I want to come back to 565 00:31:01,440 --> 00:31:05,800 Speaker 1: another topic that you mentioned, which was Iran. I mean, 566 00:31:05,800 --> 00:31:07,560 Speaker 1: bring us up to speed with what's going on with 567 00:31:07,600 --> 00:31:12,040 Speaker 1: the US and Iran. Yeah, so, I mean it feels 568 00:31:12,080 --> 00:31:13,960 Speaker 1: like forever ago. But we began the year, of course, 569 00:31:13,960 --> 00:31:17,720 Speaker 1: with these US killing Coustum Salamani, the Iranian general who 570 00:31:17,800 --> 00:31:20,240 Speaker 1: was killed by U S forces, regarded as a terrorist 571 00:31:20,280 --> 00:31:21,920 Speaker 1: by the U S. And it's been back and forth 572 00:31:22,520 --> 00:31:25,000 Speaker 1: since then, you know, shooting down the drones and that 573 00:31:25,160 --> 00:31:28,760 Speaker 1: last week there were about eleven gun boats they look 574 00:31:28,880 --> 00:31:31,320 Speaker 1: like sort of speedboats with big guns strapped to the 575 00:31:31,320 --> 00:31:35,240 Speaker 1: front of them, zipping around American ships across the battle 576 00:31:35,280 --> 00:31:38,080 Speaker 1: across the dern Um for harassing them in the eyes 577 00:31:38,120 --> 00:31:41,560 Speaker 1: of the American Trump a week later today said that 578 00:31:41,640 --> 00:31:45,080 Speaker 1: he's ordered the Navy to uh to shoot down and 579 00:31:45,200 --> 00:31:49,480 Speaker 1: destroy uh these gun boats. Uh. So, you know, this 580 00:31:49,640 --> 00:31:53,320 Speaker 1: is a I guess that the latest escalation in that 581 00:31:53,600 --> 00:31:56,000 Speaker 1: we remember, we've all been on alert for what around 582 00:31:56,040 --> 00:32:00,840 Speaker 1: might do. Two further retality for the killing of such 583 00:32:00,960 --> 00:32:03,760 Speaker 1: in Iran's view, a sort of prized general in the 584 00:32:03,760 --> 00:32:07,440 Speaker 1: American view, a terrorist. They did that rocket attack at 585 00:32:07,480 --> 00:32:10,080 Speaker 1: a at a joint US a rocky base. That didn't 586 00:32:10,160 --> 00:32:13,160 Speaker 1: kill anyone, that injured quite a few American soldiers, over 587 00:32:13,160 --> 00:32:15,360 Speaker 1: a hundred American soldiers who had sort of concussion and 588 00:32:15,400 --> 00:32:19,520 Speaker 1: head type injuries. But you know, we'll see, we'll see. 589 00:32:19,520 --> 00:32:21,720 Speaker 1: But this has all been bubbling for a while. The President, 590 00:32:21,760 --> 00:32:24,080 Speaker 1: in the words of his presh secretary today, has made 591 00:32:24,080 --> 00:32:27,480 Speaker 1: his views on Iran very well known. Well, small Solemony 592 00:32:27,600 --> 00:32:29,640 Speaker 1: is a terrorist, I mean, and and so you know, 593 00:32:29,680 --> 00:32:32,320 Speaker 1: if that was that, there's that. But moving on in 594 00:32:32,440 --> 00:32:36,800 Speaker 1: terms of these where where things go with Iran? Um 595 00:32:36,840 --> 00:32:40,120 Speaker 1: you know, Iran has been completely you know, talk about 596 00:32:40,640 --> 00:32:42,959 Speaker 1: they don't even have a response to COVID nineteen. I mean, 597 00:32:43,000 --> 00:32:45,479 Speaker 1: the reports coming out of Tehran for how they've they 598 00:32:46,520 --> 00:32:49,720 Speaker 1: they haven't done anything with COVID nineteen, and so for 599 00:32:49,760 --> 00:32:53,800 Speaker 1: them to be being so provocative against uh, you know, 600 00:32:53,840 --> 00:32:57,400 Speaker 1: the the U. S military is quite it's perplexing because 601 00:32:57,760 --> 00:32:59,600 Speaker 1: you know, especially at a time in which their country 602 00:32:59,680 --> 00:33:03,800 Speaker 1: is just you know, according to the reports, really struggling 603 00:33:03,800 --> 00:33:07,520 Speaker 1: with US. Well, I mean, it's and I suppose I 604 00:33:07,560 --> 00:33:10,000 Speaker 1: presume this book a political winner. I mean, if you're 605 00:33:10,040 --> 00:33:13,280 Speaker 1: trying to distract from the the virus, if you want 606 00:33:13,320 --> 00:33:16,280 Speaker 1: to do that domestically, I suppose. But you know, the 607 00:33:16,480 --> 00:33:19,440 Speaker 1: the issue around AID and Iran has been a big one. 608 00:33:19,600 --> 00:33:22,760 Speaker 1: There's been questions in these daily briefings with the White says, hey, look, 609 00:33:23,040 --> 00:33:28,560 Speaker 1: will the US relax sanctions on Iran so that particular 610 00:33:28,600 --> 00:33:31,440 Speaker 1: AID can come in. And it's sort of apples and 611 00:33:31,480 --> 00:33:34,960 Speaker 1: oranges the Americans, particular Secretary pump Pale and of course 612 00:33:35,000 --> 00:33:38,440 Speaker 1: President Trump saying, you know, AID is not affected by 613 00:33:38,440 --> 00:33:40,440 Speaker 1: the sanctions. If you want to send AID in, send 614 00:33:40,560 --> 00:33:45,320 Speaker 1: AID in. But you know, the technicalities of that are 615 00:33:45,440 --> 00:33:47,800 Speaker 1: risky because the Americans have been leaning on other allies 616 00:33:47,840 --> 00:33:50,240 Speaker 1: and whatnot who've been trying to find work around to 617 00:33:50,280 --> 00:33:54,200 Speaker 1: be really punishing sanctions, so President Trumps getting no indication 618 00:33:54,280 --> 00:33:56,760 Speaker 1: they planned on on lifting those in other words, storing 619 00:33:57,280 --> 00:33:59,360 Speaker 1: some sort of lifeline to Iran to help deal with 620 00:33:59,400 --> 00:34:03,720 Speaker 1: the virus, or we continue to deal with the virus. UH, 621 00:34:03,760 --> 00:34:05,760 Speaker 1: you know at home as well. We've got like a 622 00:34:05,800 --> 00:34:07,680 Speaker 1: little less than two minutes left. So let me ask 623 00:34:07,720 --> 00:34:11,120 Speaker 1: you one final question and I'll keep it broad. What 624 00:34:11,200 --> 00:34:14,520 Speaker 1: are you hearing about how the the US UH might 625 00:34:15,080 --> 00:34:17,919 Speaker 1: the US might work with Europe given what's been going 626 00:34:17,920 --> 00:34:19,440 Speaker 1: on with the U S and China. I guess, well, 627 00:34:19,480 --> 00:34:22,520 Speaker 1: this will China's lack of transparency impact the United States 628 00:34:22,520 --> 00:34:26,880 Speaker 1: relationship with Europe. I think it will impact Europe's relationship 629 00:34:26,960 --> 00:34:30,000 Speaker 1: with China. But there are real concerns in Europe about 630 00:34:30,000 --> 00:34:32,960 Speaker 1: the Trump administration. I mean, the President Trump doesn't seem 631 00:34:32,960 --> 00:34:35,560 Speaker 1: to concerned about that. He says he's his job is 632 00:34:35,560 --> 00:34:37,720 Speaker 1: to be president in the US, not to make friends 633 00:34:38,400 --> 00:34:40,560 Speaker 1: in Europe. But there are real singles in particular, we're 634 00:34:40,560 --> 00:34:42,960 Speaker 1: going to see this around Whahwei as companies decide our 635 00:34:43,000 --> 00:34:46,759 Speaker 1: countries excuse me, decide whether they used Hahwei five G equipment, 636 00:34:47,440 --> 00:34:49,200 Speaker 1: and the US has called them them to say Look, 637 00:34:49,600 --> 00:34:51,600 Speaker 1: the Chinese were not transparent in the view of the 638 00:34:51,680 --> 00:34:54,000 Speaker 1: US around the spread of the virus early on. They 639 00:34:54,520 --> 00:34:57,640 Speaker 1: they downplayed it, they didn't share information. Can you really 640 00:34:57,640 --> 00:35:01,160 Speaker 1: expect them to be transparent around how communications hardware? So 641 00:35:01,200 --> 00:35:03,239 Speaker 1: the Americans are leaning on the europ teams. I don't 642 00:35:03,239 --> 00:35:05,400 Speaker 1: know that it will bring Europe in America closer together. 643 00:35:05,480 --> 00:35:08,279 Speaker 1: I think it'll just further create these sort of three 644 00:35:08,400 --> 00:35:10,320 Speaker 1: or four however many you want to count, like islands 645 00:35:10,840 --> 00:35:14,160 Speaker 1: where no one is really sure who to trust anymore, 646 00:35:14,360 --> 00:35:18,160 Speaker 1: and it's sort of increasingly multipolar environment. Josh, I know 647 00:35:18,239 --> 00:35:20,520 Speaker 1: you've been so busy, but have you've been streaming anything? 648 00:35:20,560 --> 00:35:23,680 Speaker 1: What have you been streaming in between breaking all the news? 649 00:35:24,080 --> 00:35:26,600 Speaker 1: For the way We've been rolling way back. We've been 650 00:35:26,640 --> 00:35:29,879 Speaker 1: rolling way back. We're watching Justified, from a show from 651 00:35:30,000 --> 00:35:33,279 Speaker 1: I don't know if well, what's justified? I've never heard 652 00:35:33,280 --> 00:35:35,680 Speaker 1: of this Into the Hills of Kentucky. It's about the U. S. 653 00:35:35,719 --> 00:35:40,240 Speaker 1: Marshal You know, Wow, what is this on? Oh gosh, 654 00:35:40,280 --> 00:35:42,239 Speaker 1: I don't know. All right, I'm gonna have I'm gonna 655 00:35:42,280 --> 00:35:47,120 Speaker 1: have to. I'm an old soul, Josh. You know, I'm 656 00:35:47,120 --> 00:35:49,439 Speaker 1: an optimist, but I'm an old soul, So I've gotta 657 00:35:49,480 --> 00:35:51,920 Speaker 1: google that. Josh Ringer of everybody. Get back to work, buddy. 658 00:35:51,920 --> 00:35:54,000 Speaker 1: Thanks for making time for me. I appreciate it. He's 659 00:35:54,000 --> 00:35:56,040 Speaker 1: a Bloomberg White House recorder. Coming up, you can listen 660 00:35:56,040 --> 00:35:59,280 Speaker 1: to President Trump's daily coronavirus tax course briefing. I'm Kevin sereally. 661 00:35:59,320 --> 00:36:02,000 Speaker 1: Download the Bloomberg down On podcast on appelatians Bloomberg dot com, 662 00:36:02,120 --> 00:36:05,040 Speaker 1: or by downloading the Bloomberg Business app. Thanks for listening 663 00:36:05,080 --> 00:36:07,320 Speaker 1: to Bloomberg one