1 00:00:00,520 --> 00:00:03,120 Speaker 1: Live from our nation's carava. They want to turn out 2 00:00:03,160 --> 00:00:05,560 Speaker 1: the base. That's how they feel they will win this election. 3 00:00:05,640 --> 00:00:08,479 Speaker 1: Both of their strengths have been taken away from them. 4 00:00:08,520 --> 00:00:13,120 Speaker 1: For in ten US voters live in thirteen states. Floomberg 5 00:00:13,360 --> 00:00:17,760 Speaker 1: Sound On, The Insiders, the Influencers, the insiders. The voting 6 00:00:17,840 --> 00:00:21,040 Speaker 1: by mail has favored Democrats, but voting in person early 7 00:00:21,040 --> 00:00:23,680 Speaker 1: its favored Republicans. That would rather be in Joe Biden's 8 00:00:23,680 --> 00:00:26,480 Speaker 1: shoes right now than prompts. But do you never take 9 00:00:26,480 --> 00:00:30,440 Speaker 1: anything for granted? And this is Bloomberg Sound On with 10 00:00:30,560 --> 00:00:34,960 Speaker 1: Kevin Shirlan on Bloomberg and one oh five point seven 11 00:00:35,080 --> 00:00:38,120 Speaker 1: f m h D two Election Day and President Trump 12 00:00:38,320 --> 00:00:42,680 Speaker 1: and former Vice President Joe Biden projecting confidence as election 13 00:00:42,800 --> 00:00:46,640 Speaker 1: day winds down, plus what does it mean for the economy, 14 00:00:46,680 --> 00:00:51,360 Speaker 1: A complete economic preview, and an all star political panel 15 00:00:51,400 --> 00:00:54,440 Speaker 1: as we check in across the country with how swing 16 00:00:54,600 --> 00:00:57,240 Speaker 1: states are trending. A lot to get through. Well, this 17 00:00:57,360 --> 00:01:00,200 Speaker 1: is at folks, It's election day. President Donald Trump been 18 00:01:00,240 --> 00:01:04,800 Speaker 1: Democratic nominee Joe Biden, both projecting confidence throughout the day today, 19 00:01:04,880 --> 00:01:08,280 Speaker 1: touting long lines at some polling stations as signs that 20 00:01:08,400 --> 00:01:13,440 Speaker 1: they were poised for an election day victory. Meanwhile, Joe Biden, 21 00:01:13,600 --> 00:01:18,839 Speaker 1: speaking uh in Philadelphia, Pennsylvania, where his campaign is headquartered. 22 00:01:18,880 --> 00:01:22,600 Speaker 1: He greeted supporters and he was optimistic. Here is I 23 00:01:22,680 --> 00:01:26,640 Speaker 1: am so optimistic about I really mean this about America's chances. 24 00:01:27,200 --> 00:01:29,320 Speaker 1: We're so much better position than any nation of the 25 00:01:29,400 --> 00:01:32,600 Speaker 1: world to own the twenty one century, and we just 26 00:01:32,680 --> 00:01:35,560 Speaker 1: gotta step up. And for President Trump's part, he spent 27 00:01:35,680 --> 00:01:39,119 Speaker 1: the afternoon visiting the annex office of the Republican National 28 00:01:39,200 --> 00:01:43,560 Speaker 1: Committee in Arlington, Virginia, where his campaign headquarters are based. 29 00:01:43,640 --> 00:01:47,000 Speaker 1: Take a listen to President Trump talking to reporters earlier 30 00:01:47,040 --> 00:01:50,840 Speaker 1: today about his chances on the Keystone State. We spent 31 00:01:50,880 --> 00:01:53,960 Speaker 1: a lot of time in Pennsylvania. It's always been a 32 00:01:54,080 --> 00:01:56,120 Speaker 1: very good place for me. I went to college there 33 00:01:56,240 --> 00:01:59,720 Speaker 1: and it's always been good. Pennsylvania is shaping up to 34 00:01:59,800 --> 00:02:03,120 Speaker 1: be one of just several battleground states where it is 35 00:02:03,440 --> 00:02:06,440 Speaker 1: likely going to be a crucial for either of the 36 00:02:06,520 --> 00:02:09,280 Speaker 1: sides to get to to seventy tonight. To seventy, of course, 37 00:02:09,320 --> 00:02:12,760 Speaker 1: the electoral magic number that is needed to win the presidency. 38 00:02:12,880 --> 00:02:14,760 Speaker 1: It's not just the presidency that we are going to 39 00:02:14,800 --> 00:02:17,919 Speaker 1: be focused on. For today's program. We are also going 40 00:02:18,040 --> 00:02:20,880 Speaker 1: to check in on the down ballot races. How a 41 00:02:21,000 --> 00:02:24,720 Speaker 1: president is able to govern so very much dramatically linked 42 00:02:24,919 --> 00:02:28,360 Speaker 1: to the split and the divide of Congress. More than 43 00:02:28,480 --> 00:02:32,200 Speaker 1: one hundred million Americans have already cast their ballots ahead 44 00:02:32,200 --> 00:02:35,360 Speaker 1: of election day, the equivalent, mind you, of about three 45 00:02:35,520 --> 00:02:39,799 Speaker 1: quarters of all the voters in the election. This citing 46 00:02:40,040 --> 00:02:44,440 Speaker 1: data from the US Elections Project. With just now, so 47 00:02:44,760 --> 00:02:46,800 Speaker 1: with that all of that said, let's head to one 48 00:02:46,840 --> 00:02:50,280 Speaker 1: of these key battleground states, or my colleague Mark Niquette 49 00:02:50,280 --> 00:02:54,120 Speaker 1: of Bloomberg National Political Reporter is located. Mark, you are 50 00:02:54,160 --> 00:02:57,560 Speaker 1: actually at the Philadelphia Convention Center where they have started 51 00:02:57,639 --> 00:03:01,080 Speaker 1: counting absentee and mail in votes this morning at seven am. 52 00:03:01,560 --> 00:03:05,720 Speaker 1: What are you? What are you observing? Mark Bright Kevin, 53 00:03:05,720 --> 00:03:07,760 Speaker 1: I mean, I'm in the convention Center. They rented out 54 00:03:07,880 --> 00:03:11,880 Speaker 1: hundred five square foot space to uh set up all 55 00:03:11,919 --> 00:03:15,040 Speaker 1: the equipment there they're going to use to extract the 56 00:03:16,080 --> 00:03:19,919 Speaker 1: mail in ballot UH ballots from the envelopes and you know, 57 00:03:20,040 --> 00:03:22,880 Speaker 1: processing through the scanners. But we're not going to get 58 00:03:22,960 --> 00:03:25,280 Speaker 1: any kind of results until later tonight. Their plan is 59 00:03:25,400 --> 00:03:29,679 Speaker 1: to um count the ballots they have scanned by the 60 00:03:29,760 --> 00:03:33,760 Speaker 1: time they released their final UH in person machine counts 61 00:03:34,280 --> 00:03:36,040 Speaker 1: UH and then continue counting the rest of the night, 62 00:03:36,040 --> 00:03:39,000 Speaker 1: and we won't get an updated result until UM to 63 00:03:39,120 --> 00:03:41,720 Speaker 1: all morning. So the big question in Pennsylvania is what 64 00:03:41,880 --> 00:03:44,160 Speaker 1: kind of numbers are we actually going to see of 65 00:03:44,360 --> 00:03:48,560 Speaker 1: the UM provisional excuse me, the UM mail in an 66 00:03:48,560 --> 00:03:51,480 Speaker 1: absolute ballots that were cast here in Philadelphia and elsewhere 67 00:03:51,480 --> 00:03:54,080 Speaker 1: around the Commonwealth, just so we can give a sense 68 00:03:54,120 --> 00:03:57,400 Speaker 1: of how many outstanding ballots there will still be to 69 00:03:57,600 --> 00:04:00,200 Speaker 1: count and whether that matters based on the mark him 70 00:04:00,240 --> 00:04:04,360 Speaker 1: between Biden and Trump and CommonWell twenty electoral votes at 71 00:04:04,480 --> 00:04:07,920 Speaker 1: state In the Keystone State, mart Niquette described to us 72 00:04:08,040 --> 00:04:11,840 Speaker 1: just how crucial the Coler Counties are, the swing counties 73 00:04:12,480 --> 00:04:16,960 Speaker 1: outside of Philadelphia, the suburbs are for for both sides, 74 00:04:18,000 --> 00:04:21,000 Speaker 1: other crucial, particularly for Joe Biden. I mean, the way 75 00:04:21,000 --> 00:04:23,440 Speaker 1: the way you win Pennsylvania is you you run up 76 00:04:23,480 --> 00:04:27,200 Speaker 1: the coundardier a Democrat UH in Philadelphia and the Coller 77 00:04:27,279 --> 00:04:31,240 Speaker 1: counties and in Allegheny County Pittsburgh and the suburbs there, 78 00:04:31,720 --> 00:04:36,640 Speaker 1: and you get more votes essentially than the t of Pennsylvania. 79 00:04:36,720 --> 00:04:40,480 Speaker 1: The more rural and um UM conservative parts of the 80 00:04:40,560 --> 00:04:44,400 Speaker 1: state and the way Trump beat uh Hillary Clinton in 81 00:04:44,480 --> 00:04:47,599 Speaker 1: twenty sixteen is she actually got a decent margin out 82 00:04:47,640 --> 00:04:50,880 Speaker 1: of the you know, the Democratic areas, but Trump's margins 83 00:04:50,920 --> 00:04:54,240 Speaker 1: in the rural counties were just so large and overwhelmed Clinton, 84 00:04:54,320 --> 00:04:56,400 Speaker 1: and he was able to carry the state nearly And 85 00:04:56,480 --> 00:04:59,400 Speaker 1: a breaking news headline crossing the Bloomberg terminal, Joe Biden 86 00:04:59,440 --> 00:05:01,960 Speaker 1: says he will speak tonight if there's quote something to 87 00:05:02,040 --> 00:05:04,960 Speaker 1: talk about. End quote. So it's unclear whether or not 88 00:05:05,320 --> 00:05:10,480 Speaker 1: we're going to hear from the UH Democratic nominee or 89 00:05:10,600 --> 00:05:14,920 Speaker 1: President Trump. Uh. President Trump has has given conflicting answers 90 00:05:14,920 --> 00:05:17,120 Speaker 1: as to whether or not he will speak tonight. UM, 91 00:05:17,520 --> 00:05:20,520 Speaker 1: but we'll find out. Meanwhile, UH MARKT. Katt, who is 92 00:05:20,600 --> 00:05:23,960 Speaker 1: with us, He is Bloomberg national political reporter. What will 93 00:05:24,040 --> 00:05:26,000 Speaker 1: you be watching for in the sense of what have 94 00:05:26,320 --> 00:05:28,960 Speaker 1: Pennsylvania officials said about whether or not we will get 95 00:05:29,000 --> 00:05:32,120 Speaker 1: a result from Pennsylvania in the early morning hours of tomorrow. 96 00:05:33,400 --> 00:05:35,840 Speaker 1: Only officials they're costing us to be patient that you know, 97 00:05:36,080 --> 00:05:38,960 Speaker 1: it's going to be days or not hours before we 98 00:05:39,080 --> 00:05:42,560 Speaker 1: get a complete count out of Pennsylvania. So the big 99 00:05:42,640 --> 00:05:46,880 Speaker 1: question will be, you know, how many outstanding ballots get 100 00:05:46,920 --> 00:05:50,600 Speaker 1: to be counted. Will there be after election night, because again, 101 00:05:50,640 --> 00:05:52,440 Speaker 1: that's that's gonna be the only way we'll be able 102 00:05:52,480 --> 00:05:55,800 Speaker 1: to tell whether those ballots will matter in terms of 103 00:05:55,880 --> 00:05:59,440 Speaker 1: being able to call the state. UM. And one advantage 104 00:06:00,320 --> 00:06:03,840 Speaker 1: for us and everybody else following Pennsylvania this year is 105 00:06:04,360 --> 00:06:07,600 Speaker 1: the Secretary of the Commonwealth Department of State plans to 106 00:06:08,000 --> 00:06:12,240 Speaker 1: show on its website along with the running results, sort 107 00:06:12,279 --> 00:06:15,120 Speaker 1: of a breakdown by counting of how many outstanding ballots are. 108 00:06:15,279 --> 00:06:16,800 Speaker 1: So at the end of the night, we should be 109 00:06:16,839 --> 00:06:19,400 Speaker 1: able to look on this website and see how many 110 00:06:19,440 --> 00:06:22,640 Speaker 1: ballots have yet to be counted roughly and again whether 111 00:06:22,680 --> 00:06:24,360 Speaker 1: it's going to matter in terms of being able to 112 00:06:24,440 --> 00:06:26,880 Speaker 1: call Pennsylvania. So so, so we're going to have the 113 00:06:27,000 --> 00:06:30,480 Speaker 1: number of ballots still left to be counted, is what 114 00:06:30,600 --> 00:06:34,200 Speaker 1: you're saying. Yes, at least the number of mail in 115 00:06:34,440 --> 00:06:36,600 Speaker 1: and accent cheap ballots that have been cast but not 116 00:06:36,760 --> 00:06:41,599 Speaker 1: yet counted. UM, we won't know there's other outstanding ballots 117 00:06:41,640 --> 00:06:44,000 Speaker 1: that are going to be factoring in here, like they'll 118 00:06:44,040 --> 00:06:47,360 Speaker 1: be provisional ballots. We won't have the number of those. 119 00:06:47,440 --> 00:06:49,760 Speaker 1: These are the ballots that are cast at the polling 120 00:06:49,839 --> 00:06:52,440 Speaker 1: place when there's some question about the voters eligibility, and 121 00:06:52,760 --> 00:06:56,280 Speaker 1: they're held after the election, uh, to verify voter eligibility 122 00:06:56,320 --> 00:06:58,320 Speaker 1: before they're counted, So we won't know how many of 123 00:06:58,400 --> 00:07:01,200 Speaker 1: those are. And there's also going to be an outstanding 124 00:07:01,320 --> 00:07:06,320 Speaker 1: class of ballots that is actually part of litigation right now. 125 00:07:06,440 --> 00:07:09,360 Speaker 1: These are ballots that will be coming in that are 126 00:07:09,720 --> 00:07:13,520 Speaker 1: mailed before the election but arrive within three days after 127 00:07:13,600 --> 00:07:18,000 Speaker 1: the election. The Pennsylvania State Court State Supreme Court ruled 128 00:07:18,040 --> 00:07:21,920 Speaker 1: that this extension was allowable under current law. The ballot 129 00:07:21,960 --> 00:07:24,080 Speaker 1: that have to be in by the time post quotes 130 00:07:24,120 --> 00:07:26,600 Speaker 1: at at eight o'clock tonight, but they extended it for 131 00:07:26,640 --> 00:07:30,640 Speaker 1: three days. The Republicans sued in the U. S. Supreme Court, 132 00:07:31,160 --> 00:07:35,600 Speaker 1: and the Supreme Court decided not to stay the extension. 133 00:07:35,800 --> 00:07:39,560 Speaker 1: But let's open the possibility that, uh, they could litigate 134 00:07:39,800 --> 00:07:43,640 Speaker 1: the um whether the extension should be loud or as constitutional. 135 00:07:44,000 --> 00:07:47,120 Speaker 1: So we could see a situation after the election where um, 136 00:07:47,560 --> 00:07:51,360 Speaker 1: the U. S. Supreme Court takes up whether these outstanding 137 00:07:51,400 --> 00:07:53,880 Speaker 1: ballots that come in should be pouted. And we don't 138 00:07:53,880 --> 00:07:57,200 Speaker 1: know how right. Mark Nikats on Line Bloomberg National political reporter. 139 00:07:57,280 --> 00:08:02,280 Speaker 1: He's stationed at Philadelphia Pennsylvania for the UH Election Convention Center, 140 00:08:02,320 --> 00:08:05,960 Speaker 1: where they are carefully counting votes, giving us an excellent, excellent, 141 00:08:06,080 --> 00:08:09,360 Speaker 1: very detailed preview of just how one battleground state is 142 00:08:09,440 --> 00:08:11,560 Speaker 1: going to be grappling with all of the increase of 143 00:08:11,640 --> 00:08:14,800 Speaker 1: mail in votes in the eight pm Eastern hours when 144 00:08:14,840 --> 00:08:17,840 Speaker 1: Pennsylvania polls close. So it's very uncertain. What I hear 145 00:08:17,880 --> 00:08:20,680 Speaker 1: from Mark's answer, folks, is uncertainty in terms of when 146 00:08:20,720 --> 00:08:24,000 Speaker 1: every vote will be counted and the timeline for Pennsylvania. 147 00:08:24,080 --> 00:08:26,560 Speaker 1: It's not just Pennsylvania and the eight pm Eastern hour, 148 00:08:26,680 --> 00:08:30,080 Speaker 1: just to give folks a preview before a PM. The 149 00:08:30,160 --> 00:08:32,000 Speaker 1: first set of polls are going to start to close 150 00:08:32,080 --> 00:08:36,080 Speaker 1: in Florida, key battleground state, twenty nine electoral votes in Florida. 151 00:08:36,120 --> 00:08:39,000 Speaker 1: I checked in with the prominent Republican strategist in the 152 00:08:39,120 --> 00:08:42,760 Speaker 1: Sunshine State earlier today. They are boosting with confidence in 153 00:08:42,920 --> 00:08:46,160 Speaker 1: terms of turnout in Florida. I would also mind you 154 00:08:46,280 --> 00:08:51,160 Speaker 1: that North Carolina, New Hampshire, Georgia, South Carolina, all polls 155 00:08:51,240 --> 00:08:53,920 Speaker 1: that are going to be closing, some polls closing in 156 00:08:54,000 --> 00:08:57,000 Speaker 1: those states before eight pm Eastern. You get to nine 157 00:08:57,080 --> 00:09:01,720 Speaker 1: pm tonight. Wisconsin, Wisconsin ten electoral votes. The president carried 158 00:09:01,760 --> 00:09:04,840 Speaker 1: it in two thousand and sixteen, very much unknown if 159 00:09:04,920 --> 00:09:08,480 Speaker 1: he can do it again, But the Democratic governor there, 160 00:09:08,559 --> 00:09:13,880 Speaker 1: Tony Evers, says that he's anticipating a result in Wisconsin sometime, folks, 161 00:09:14,200 --> 00:09:17,839 Speaker 1: within the early morning hours of Wednesday morning. So that, 162 00:09:18,400 --> 00:09:21,559 Speaker 1: um right there. I've got my eye quite frankly, and 163 00:09:21,600 --> 00:09:23,520 Speaker 1: I don't think I've talked enough about this. Are we 164 00:09:23,600 --> 00:09:26,199 Speaker 1: in the media have talked enough about this? Minnesota ten 165 00:09:26,280 --> 00:09:30,640 Speaker 1: electoral votes Minneapolis, UH, site of the George Floyd protest 166 00:09:30,960 --> 00:09:34,880 Speaker 1: from over the summer. Hillary Clinton carried it by forty 167 00:09:35,320 --> 00:09:38,760 Speaker 1: thousand votes, just a sliver of votes last cycle, so 168 00:09:39,080 --> 00:09:41,280 Speaker 1: Republicans want to expand the map there. It will be 169 00:09:41,360 --> 00:09:43,520 Speaker 1: a good night for Republicans if they're able to carry 170 00:09:43,559 --> 00:09:46,160 Speaker 1: Minnesota UH. It will be a good night for Democrats 171 00:09:46,200 --> 00:09:48,920 Speaker 1: if we get some early results in Pennsylvania as well 172 00:09:48,960 --> 00:09:51,719 Speaker 1: as North Carolina. My thanks to my colleague Marcniquette, the 173 00:09:51,760 --> 00:09:55,040 Speaker 1: man on the ground in the city, a brotherly love, 174 00:09:55,240 --> 00:09:57,120 Speaker 1: and coming up, we are going to check in with 175 00:09:57,320 --> 00:10:01,160 Speaker 1: lots of different political all stars. Jens Hockey, former States 176 00:10:01,160 --> 00:10:03,839 Speaker 1: Department spokesperson for the Obama administration, and of course, the 177 00:10:03,880 --> 00:10:06,839 Speaker 1: former press secretary for former President Barack Obama joins me. 178 00:10:07,160 --> 00:10:10,760 Speaker 1: All next hour, I'm Kevin Surreally. I'm the chief Washington 179 00:10:10,840 --> 00:10:15,680 Speaker 1: correspondent for Bloomberg Television and for Bloomberg Radio. And you're 180 00:10:15,760 --> 00:10:43,640 Speaker 1: listening to Bloomberg. This is Bloomberg Sound On with Kevin 181 00:10:43,720 --> 00:10:48,120 Speaker 1: Surrel on Bloomberg and one oh five point seven m 182 00:10:48,280 --> 00:10:51,520 Speaker 1: h D two. Can you believe it? It's already election day. 183 00:10:52,080 --> 00:10:55,439 Speaker 1: We're here November three. Maybe we don't get the results tonight. 184 00:10:55,920 --> 00:10:58,719 Speaker 1: Maybe we don't get the results tomorrow morning. Maybe we 185 00:10:58,760 --> 00:11:02,079 Speaker 1: don't get until January. But it's a clear hurdle that 186 00:11:02,200 --> 00:11:05,000 Speaker 1: we all arrived at. We're all here, folks. We made 187 00:11:05,040 --> 00:11:07,640 Speaker 1: it to election day. I'm Kevin SERELLI I'm the chief 188 00:11:07,640 --> 00:11:10,280 Speaker 1: Washington correspondent for Bloomberg Television and for Bloomberg Radio. You know, 189 00:11:10,600 --> 00:11:13,559 Speaker 1: I'm reminded when we were talking to Mark Niquette earlier 190 00:11:13,600 --> 00:11:15,560 Speaker 1: in the program, he's in the City of Brotherly Love, 191 00:11:15,679 --> 00:11:19,839 Speaker 1: just about how crucial that Keystone State is gonna be 192 00:11:20,000 --> 00:11:23,199 Speaker 1: to Joe Biden or to President Trump. Um. And you know, 193 00:11:23,240 --> 00:11:25,360 Speaker 1: I'm a little bit biased. That's where I grew up, 194 00:11:25,600 --> 00:11:29,160 Speaker 1: so uh very much a Keystone key Stone State let's 195 00:11:29,200 --> 00:11:31,000 Speaker 1: check in on the markets before we pivot back to 196 00:11:31,120 --> 00:11:33,959 Speaker 1: politics and policy. US stocks cap the biggest two day 197 00:11:34,040 --> 00:11:37,679 Speaker 1: rallies since September, led by a surge and bank shares. 198 00:11:37,760 --> 00:11:41,600 Speaker 1: His treasury yield spiked on speculation that Congress will deliver 199 00:11:41,679 --> 00:11:44,480 Speaker 1: a spending bill once the election is decided. They're still 200 00:11:44,559 --> 00:11:47,600 Speaker 1: trading off of that fiscal stimulus talk. The dollar weekend 201 00:11:47,640 --> 00:11:51,200 Speaker 1: and crude oil increase. The SMP five hundred climbed one percent, 202 00:11:51,520 --> 00:11:54,880 Speaker 1: bringing the two day increase to three point and financial 203 00:11:54,920 --> 00:11:59,400 Speaker 1: firms rallied two point two percent, also the most since September. 204 00:12:00,000 --> 00:12:02,920 Speaker 1: Democratic nominee Joe Biden leads President Donald Trump and the 205 00:12:03,000 --> 00:12:07,280 Speaker 1: final polls, with some investors speculating his victory would bring 206 00:12:07,360 --> 00:12:12,560 Speaker 1: a surge in federal spending, i e. More stimulus. Meanwhile, 207 00:12:12,920 --> 00:12:17,200 Speaker 1: Ali Baba Group Holdings US traded shares tumbled eight point 208 00:12:17,280 --> 00:12:21,040 Speaker 1: one percent after China halted the initial public offering of 209 00:12:21,160 --> 00:12:24,160 Speaker 1: AUNT Group, in which Ali Baba owns about a one 210 00:12:24,440 --> 00:12:28,520 Speaker 1: third stake. Fascinating to see the developments on the global 211 00:12:28,600 --> 00:12:32,920 Speaker 1: eco front with Aunt today. UH on election day no less, 212 00:12:32,920 --> 00:12:35,240 Speaker 1: all right, all throughout the day, my colleagues on Bloomberg 213 00:12:35,240 --> 00:12:40,839 Speaker 1: Television and Bloomberg Radio interviewing top economists including Louis Alexander 214 00:12:41,320 --> 00:12:44,400 Speaker 1: and Megan Green of the Harvard Kennedy School, who is 215 00:12:44,520 --> 00:12:46,920 Speaker 1: Megan of course as a senior fellow there, uh, and 216 00:12:47,200 --> 00:12:51,080 Speaker 1: Troy Gaysky of Skybridge Capital Chief co Chief investment officer. 217 00:12:51,200 --> 00:12:53,000 Speaker 1: Let's take a listen to what they had to say 218 00:12:53,840 --> 00:12:56,760 Speaker 1: to me. The biggest downside risk UM is that we 219 00:12:56,920 --> 00:13:01,720 Speaker 1: get divided government and gridlock. So Biden in the White House, 220 00:13:01,800 --> 00:13:05,839 Speaker 1: Republican Senate, UM, that I think has the potential to 221 00:13:06,240 --> 00:13:08,920 Speaker 1: be the worst outcome because it means we're going to 222 00:13:09,000 --> 00:13:12,160 Speaker 1: get much less fiscal support. Crucial we get another fiscal 223 00:13:12,280 --> 00:13:15,559 Speaker 1: package immediately, and if we haven't divided government, we'll have 224 00:13:15,640 --> 00:13:18,640 Speaker 1: even more divided politics, and so that fiscal package might 225 00:13:18,679 --> 00:13:21,520 Speaker 1: be pushed further off. Are we see a blue wave 226 00:13:21,760 --> 00:13:25,920 Speaker 1: you know, the Senates fifty fifty or maybe um, and 227 00:13:26,000 --> 00:13:29,199 Speaker 1: that in turn will lead to significant fiscal policy stimulus, 228 00:13:29,320 --> 00:13:31,640 Speaker 1: which you know, it's a shame we haven't gotten so far. 229 00:13:32,559 --> 00:13:35,120 Speaker 1: So there they aren't. There they have it, and um, 230 00:13:35,520 --> 00:13:37,880 Speaker 1: you know that's that's what was going on in the 231 00:13:37,960 --> 00:13:41,160 Speaker 1: Markets day. Joining me now, my colleague Pretty Gupta Bloomberg 232 00:13:41,240 --> 00:13:44,840 Speaker 1: Markets Live reporter, Happy election day, Pretty happy election day 233 00:13:44,880 --> 00:13:46,800 Speaker 1: to you, and to believe it, happy birthday to you 234 00:13:46,920 --> 00:13:49,440 Speaker 1: as well. I appreciate that. All Right, back to work, right, 235 00:13:49,480 --> 00:13:52,520 Speaker 1: So what went on in the markets today? How is 236 00:13:52,600 --> 00:13:56,079 Speaker 1: the how is the election impacting the markets? Well, we're 237 00:13:56,080 --> 00:13:58,319 Speaker 1: already seeing this kind of run up in stocks and 238 00:13:58,400 --> 00:14:00,439 Speaker 1: well this is kind of the reaction we were expecting 239 00:14:00,480 --> 00:14:04,600 Speaker 1: to happen after Joe Biden victory. But you're already starting 240 00:14:04,600 --> 00:14:06,960 Speaker 1: to see that show up. Really, those cyclical names, um. 241 00:14:07,120 --> 00:14:09,520 Speaker 1: Once again, like you mentioned your intro, it's all about 242 00:14:09,600 --> 00:14:13,160 Speaker 1: that stimulus deal. Those cyclical names like the energy sector, financials, 243 00:14:13,280 --> 00:14:16,760 Speaker 1: industrials rallying ahead of that on the assumption that a 244 00:14:16,840 --> 00:14:20,600 Speaker 1: Biden victory or potentially a blue wave would mean more 245 00:14:20,680 --> 00:14:23,080 Speaker 1: stimulus spending. And of course that has really been weighing 246 00:14:23,120 --> 00:14:25,120 Speaker 1: on the markets in the past a few weeks, if 247 00:14:25,200 --> 00:14:27,840 Speaker 1: not months. Um. So that's really what markets are watching, 248 00:14:27,920 --> 00:14:30,040 Speaker 1: and they're trying to see how that's how priced in 249 00:14:30,200 --> 00:14:31,800 Speaker 1: are they And that's where you really think some of 250 00:14:31,840 --> 00:14:35,800 Speaker 1: those havens sell off, like treasuries for example, or um 251 00:14:35,920 --> 00:14:38,000 Speaker 1: even the dollar is weakening a little bit. Those are 252 00:14:38,040 --> 00:14:41,440 Speaker 1: trades associated with a Biden victory and we're already kind 253 00:14:41,480 --> 00:14:43,440 Speaker 1: of jumped in the gun there. Well, Cratty, I gotta 254 00:14:43,480 --> 00:14:46,480 Speaker 1: I gotta be honest here because my colleagues Zum Bloomberg surveillance, right, 255 00:14:46,560 --> 00:14:49,120 Speaker 1: my friend, my mentor Tom Keane, Jonathan Farah and Lisa 256 00:14:49,200 --> 00:14:51,640 Speaker 1: Brando Wits, they've really done just a stellar job. And 257 00:14:51,640 --> 00:14:53,400 Speaker 1: they've been out front on this, to be quite frank 258 00:14:53,440 --> 00:14:56,280 Speaker 1: with you, and in terms of how they've been saying 259 00:14:57,200 --> 00:15:03,160 Speaker 1: the markets will interpret, uh, either political situation as a win. 260 00:15:03,480 --> 00:15:06,240 Speaker 1: Is that what you're hearing from investors as they as 261 00:15:06,280 --> 00:15:09,280 Speaker 1: they look across their portfolios, because you know, if it's 262 00:15:09,360 --> 00:15:12,800 Speaker 1: Trump again, they're gonna say deregulation. If it's Biden, they're 263 00:15:12,800 --> 00:15:15,960 Speaker 1: going to say more more federal spending. Am I wrong 264 00:15:16,160 --> 00:15:19,720 Speaker 1: or actually not me? Is surveillance wrong? Surveillance is not wrong. 265 00:15:19,760 --> 00:15:23,240 Speaker 1: I would never wrong. I would I would I would 266 00:15:23,280 --> 00:15:28,440 Speaker 1: never dare to do question Tom Keane Um anyway, I 267 00:15:28,560 --> 00:15:30,480 Speaker 1: would say that they are not wrong in the long term. 268 00:15:30,520 --> 00:15:32,840 Speaker 1: In the short term, though, I think the Senate race 269 00:15:32,960 --> 00:15:35,320 Speaker 1: is really key here and it's all about that stimulus. Say, 270 00:15:35,360 --> 00:15:37,680 Speaker 1: that's what markets have been trading on inter day. So 271 00:15:37,800 --> 00:15:40,880 Speaker 1: I think that although they're right about long term deregulation 272 00:15:41,120 --> 00:15:44,200 Speaker 1: or potentially infrastructure spending. It's in the short run that 273 00:15:44,280 --> 00:15:46,480 Speaker 1: we're really watching what's going to happen into the end 274 00:15:46,520 --> 00:15:49,480 Speaker 1: of the year. When we see kind of stocks these markets, 275 00:15:50,080 --> 00:15:53,360 Speaker 1: investors I should say, rebalance their portfolios taking into account 276 00:15:53,400 --> 00:15:56,240 Speaker 1: what this year has been for investors and then starting 277 00:15:56,280 --> 00:16:00,600 Speaker 1: off on potentially a clean slate. That's the kind volatility 278 00:16:00,640 --> 00:16:02,600 Speaker 1: that we're watching, not just in the coming week, but 279 00:16:02,760 --> 00:16:05,400 Speaker 1: in the next two months, especially in the lame duck session. 280 00:16:05,800 --> 00:16:08,520 Speaker 1: Do we get stimulus now? Do we get stimulus in 281 00:16:08,560 --> 00:16:10,880 Speaker 1: a month? Do we get stimulus in January? And then 282 00:16:10,920 --> 00:16:14,040 Speaker 1: how long does it take to implement that, to distribute 283 00:16:14,120 --> 00:16:18,080 Speaker 1: that and can it really make an effect on consumer 284 00:16:18,120 --> 00:16:20,960 Speaker 1: spending patterns and help the economy. While we're still waiting 285 00:16:21,000 --> 00:16:23,560 Speaker 1: on that, vaccine critic Gupta is on the line with me. 286 00:16:23,720 --> 00:16:26,400 Speaker 1: She is Bloomberg Markets Live reporter. You know, one of 287 00:16:26,440 --> 00:16:30,480 Speaker 1: the biggest unknown variables that I have just to inform 288 00:16:30,600 --> 00:16:32,560 Speaker 1: my reporting and when I when I talk to sources, 289 00:16:32,640 --> 00:16:37,440 Speaker 1: especially sources in in Congress, is the following. If there 290 00:16:37,640 --> 00:16:42,320 Speaker 1: is election volatility, what does that mean for Speaker Pelosi 291 00:16:42,400 --> 00:16:47,800 Speaker 1: and Secretary Monutions ability to negotiate while that election volatility 292 00:16:48,000 --> 00:16:50,960 Speaker 1: is ongoing. Does that make sense? It does, and I 293 00:16:51,040 --> 00:16:53,560 Speaker 1: think you've already kind of see it happening right in 294 00:16:53,640 --> 00:16:55,760 Speaker 1: the fast In the past few weeks, we've seen of 295 00:16:55,880 --> 00:16:59,440 Speaker 1: volatility really ramp up by by more than it traditionally 296 00:16:59,520 --> 00:17:02,160 Speaker 1: would excluding in the two thousand election cycle. But it's 297 00:17:02,160 --> 00:17:04,800 Speaker 1: actually go back to two thousands. The volatility that you've 298 00:17:04,840 --> 00:17:07,439 Speaker 1: seen in the month of October, which of course usually 299 00:17:07,520 --> 00:17:10,400 Speaker 1: ramps up anyway, because of that November election, you've really 300 00:17:10,440 --> 00:17:13,080 Speaker 1: seen it rise by even more. And it's because it's 301 00:17:13,080 --> 00:17:17,159 Speaker 1: coupled with this lockdown. It's because it's coupled with you know, geopolitics, 302 00:17:17,200 --> 00:17:19,080 Speaker 1: and now of course it's anti po news that we 303 00:17:19,160 --> 00:17:22,959 Speaker 1: have today, so you're really watching to see, Well, doesn't 304 00:17:22,960 --> 00:17:25,280 Speaker 1: really make a difference when it comes to those stimulus 305 00:17:25,320 --> 00:17:28,040 Speaker 1: negotiations at the end of the day, it doesn't because 306 00:17:28,119 --> 00:17:30,720 Speaker 1: at the because what investors really want to see is 307 00:17:30,800 --> 00:17:33,679 Speaker 1: what are the signs of an economic recovery speeding up 308 00:17:33,960 --> 00:17:36,800 Speaker 1: coming faster while we're still waiting on the unknowns of 309 00:17:36,880 --> 00:17:39,320 Speaker 1: a vaccine And that's really the only thing that we 310 00:17:39,359 --> 00:17:42,440 Speaker 1: can kind of grapple with. It's that stimulus aid that's 311 00:17:42,480 --> 00:17:44,960 Speaker 1: really what we can quantify what happened with AUNT today. 312 00:17:45,960 --> 00:17:49,600 Speaker 1: Lots of things happened with AUNT today. Kevin Uh, Well, 313 00:17:49,680 --> 00:17:51,760 Speaker 1: of course a group is one of those major fintech 314 00:17:51,880 --> 00:17:54,560 Speaker 1: companies over in Asia. And this is really a company 315 00:17:54,920 --> 00:17:57,159 Speaker 1: UM of course started well yeah, of course started by 316 00:17:57,400 --> 00:18:00,440 Speaker 1: Jack Mama, very popular UM and Ali Baba has about 317 00:18:00,440 --> 00:18:02,480 Speaker 1: a one third stake in it. So what happened is 318 00:18:02,560 --> 00:18:04,680 Speaker 1: this is a company that a lot of investors have 319 00:18:04,800 --> 00:18:08,240 Speaker 1: really been very excited about, lots of anticipation, lots of 320 00:18:08,720 --> 00:18:11,240 Speaker 1: pre i p O trading, so what they call on 321 00:18:11,320 --> 00:18:14,320 Speaker 1: the gray market. It's essentially before the I p O debuts, 322 00:18:14,359 --> 00:18:17,720 Speaker 1: they kind of trade it unofficially and that has baked 323 00:18:17,760 --> 00:18:21,000 Speaker 1: in a fifty percent premium. So imagine having an investment 324 00:18:21,040 --> 00:18:24,240 Speaker 1: in getting fifty return on it um and that's before 325 00:18:24,320 --> 00:18:26,080 Speaker 1: it's even I PO. So this is a kind of 326 00:18:26,320 --> 00:18:28,879 Speaker 1: activity the SIT would see with day traders in Asia, 327 00:18:29,280 --> 00:18:31,920 Speaker 1: similar to the concept of kind of the fascination behind 328 00:18:32,040 --> 00:18:34,720 Speaker 1: Tesla and retail traders here. Not quite the same thing, 329 00:18:34,800 --> 00:18:37,560 Speaker 1: but it's pretty similar. And and yet, and then we 330 00:18:37,600 --> 00:18:41,480 Speaker 1: see this kind of Chinese regulation coming up where it's 331 00:18:41,520 --> 00:18:45,800 Speaker 1: still unclear what the exact rule rewrites are but they 332 00:18:45,880 --> 00:18:48,880 Speaker 1: have stopped. They have suspended the ANTIPO in both Shanghai 333 00:18:49,280 --> 00:18:51,720 Speaker 1: and Hong Kong. So all of that kind of excitement, 334 00:18:51,800 --> 00:18:54,840 Speaker 1: all that money that was built into its leverage going 335 00:18:54,880 --> 00:18:59,240 Speaker 1: into it has virtually disappeared until further notice. It's just 336 00:18:59,359 --> 00:19:01,920 Speaker 1: remarkable all of that plus and I you know, very 337 00:19:02,000 --> 00:19:05,639 Speaker 1: quickly in thirty seconds, Cretty Gupta. Have investors started to 338 00:19:05,760 --> 00:19:10,359 Speaker 1: factor in the prospects of additional restrictions on the economy 339 00:19:10,440 --> 00:19:14,119 Speaker 1: in the United States as cases continued to rise, similarly 340 00:19:14,280 --> 00:19:18,720 Speaker 1: to the UK and Germany and France. Well, arguably I 341 00:19:18,760 --> 00:19:20,680 Speaker 1: don't think they've priced it any yet, but this is 342 00:19:20,720 --> 00:19:22,679 Speaker 1: one of the risks that come with the Biden victory. 343 00:19:22,800 --> 00:19:24,879 Speaker 1: But just keep in mind it happened last week in Europe, 344 00:19:24,880 --> 00:19:26,520 Speaker 1: and Europe has been a crystal ball for the US, 345 00:19:26,600 --> 00:19:29,480 Speaker 1: and it's happened. It's it's also happened in conservative and 346 00:19:29,560 --> 00:19:32,560 Speaker 1: progressive countries as well, which I find remarkable, very very 347 00:19:32,640 --> 00:19:34,439 Speaker 1: important point to make their I don't know, I mean, 348 00:19:34,520 --> 00:19:37,720 Speaker 1: maybe there's restrictions would have to come even before and 349 00:19:38,000 --> 00:19:41,560 Speaker 1: any inauguration day for President Trump or for Joe Biden. 350 00:19:41,680 --> 00:19:44,440 Speaker 1: My thanks to Kretty Gupta who was Bloomberg Markets Live 351 00:19:44,480 --> 00:19:46,960 Speaker 1: reporter coming up, Jen Saki and Tyler Deeton. Two are 352 00:19:47,000 --> 00:19:49,560 Speaker 1: the best in the biz. I'm Kevin Serelli, chief Washington 353 00:19:49,600 --> 00:19:52,680 Speaker 1: correspondent from Bloomberg Television and Bloomberg Radio. You're listening to 354 00:19:52,760 --> 00:20:13,480 Speaker 1: Bloomberg from our nations. They want to turn up the base. 355 00:20:13,640 --> 00:20:15,720 Speaker 1: That's how they feel they will win this election. We're 356 00:20:15,720 --> 00:20:17,960 Speaker 1: either going to say the Biden campaign was disciplined or 357 00:20:18,000 --> 00:20:21,600 Speaker 1: they were a disaster for inten US voters live in 358 00:20:21,760 --> 00:20:27,639 Speaker 1: thirteen states. Bloomberg Sound On the insiders, the influencers, the insides, 359 00:20:27,720 --> 00:20:30,159 Speaker 1: their election challenges. In a number of the days, the 360 00:20:30,280 --> 00:20:33,320 Speaker 1: economy does matter to voters. I would rather be in 361 00:20:33,400 --> 00:20:36,560 Speaker 1: Joe biden shoes right now than Trumps. But you never 362 00:20:36,600 --> 00:20:40,520 Speaker 1: take anything for grant. This is Bloomberg Sound On with 363 00:20:40,720 --> 00:20:47,200 Speaker 1: Kevin Cirelli Election on Bloomberg Radio. Election Day, Election Day. 364 00:20:47,280 --> 00:20:49,800 Speaker 1: My name is Kevin Cirelli. I'm the chief Washington correspondent 365 00:20:49,840 --> 00:20:53,120 Speaker 1: for Bloomberg Television and for Bloomberg Radio. We have complete 366 00:20:53,320 --> 00:20:58,159 Speaker 1: election analysis with our all star political panel Jensaki, former 367 00:20:58,240 --> 00:21:02,840 Speaker 1: White House Communications director for the Obama administration, and Tyler Deaton, 368 00:21:03,320 --> 00:21:07,879 Speaker 1: Republican strategist and insider for the Republican Party, not just 369 00:21:08,080 --> 00:21:11,120 Speaker 1: in Washington, across the country. I'm also going to check 370 00:21:11,200 --> 00:21:15,879 Speaker 1: in with Congressman Neil Dunn, a Republican representing Florida's second 371 00:21:15,960 --> 00:21:21,240 Speaker 1: congressional district. President Trump and Democratic nominee Joe Biden both 372 00:21:21,359 --> 00:21:25,560 Speaker 1: projecting confidence throughout the day today as they touted long 373 00:21:25,720 --> 00:21:28,119 Speaker 1: lines at some polling stations as signs that they were 374 00:21:28,200 --> 00:21:32,560 Speaker 1: poised that they were poised for an election day victory. 375 00:21:32,760 --> 00:21:35,480 Speaker 1: Let's first check in with Joe Biden, because he was 376 00:21:35,800 --> 00:21:39,040 Speaker 1: He was at Philadelphia where he greeted supporters and he 377 00:21:39,160 --> 00:21:41,560 Speaker 1: told them that it was time to turn the page 378 00:21:41,960 --> 00:21:44,480 Speaker 1: on the Trump administration. Here he is, I am so 379 00:21:44,680 --> 00:21:48,920 Speaker 1: optimistic about I really mean this about America's chances were 380 00:21:49,000 --> 00:21:51,320 Speaker 1: so much better position than any nation of the world 381 00:21:51,880 --> 00:21:55,760 Speaker 1: to own the century, and we just gotta step up. Meanwhile, 382 00:21:55,880 --> 00:21:59,480 Speaker 1: President Trump, he spoke this afternoon while visiting the Annex 383 00:21:59,600 --> 00:22:04,360 Speaker 1: office of the Republican National Committee in Arlington, Virginia, where 384 00:22:04,400 --> 00:22:08,520 Speaker 1: his campaign headquarters are based. The President was answering reporters questions, 385 00:22:08,800 --> 00:22:11,399 Speaker 1: and he was asked if he's worried about the Keystone 386 00:22:11,440 --> 00:22:14,440 Speaker 1: State Pennsylvania take a listen to what he said. We 387 00:22:14,520 --> 00:22:16,800 Speaker 1: spent a lot of time in Pennsylvania. It's always been 388 00:22:17,800 --> 00:22:19,680 Speaker 1: a very good place for me. I went to college 389 00:22:19,760 --> 00:22:23,520 Speaker 1: there and it's always been good. And and that's where 390 00:22:23,560 --> 00:22:27,240 Speaker 1: we are today. This is early voting passes one hundred 391 00:22:27,400 --> 00:22:32,919 Speaker 1: million ballots or seventy five of sixteen turnout. This according 392 00:22:32,960 --> 00:22:36,680 Speaker 1: to new data released from the US Elections Project. We 393 00:22:36,760 --> 00:22:38,480 Speaker 1: have every angle covered. We're gonna check in on the 394 00:22:38,520 --> 00:22:41,320 Speaker 1: swing states. We're also going to check in on politics 395 00:22:41,400 --> 00:22:44,479 Speaker 1: and policy and go through the night tonight for if 396 00:22:44,520 --> 00:22:48,320 Speaker 1: you're watching along on Bloomberg Television and Bloomberg Radio at home, 397 00:22:48,880 --> 00:22:52,320 Speaker 1: for how likely the results, not the results could go, 398 00:22:52,440 --> 00:22:55,720 Speaker 1: but the incoming information of the results will come in, 399 00:22:55,880 --> 00:22:58,080 Speaker 1: So we'll get to that. A timeline of which and 400 00:22:58,160 --> 00:23:01,000 Speaker 1: I've got two of the best, Jen Sock, She of course, 401 00:23:01,119 --> 00:23:03,920 Speaker 1: is the former spokesperson for the Obama State Department and 402 00:23:04,119 --> 00:23:08,400 Speaker 1: then the former communications director for the Obama administration, as 403 00:23:08,440 --> 00:23:12,040 Speaker 1: well as Tyler Deeton, a Republican strategist, fundraiser, and the 404 00:23:12,119 --> 00:23:15,159 Speaker 1: president of Allegiance Strategies. Jen, let me start with you, 405 00:23:15,680 --> 00:23:18,800 Speaker 1: what have you been hearing from your sources and friends 406 00:23:19,359 --> 00:23:24,480 Speaker 1: in the Biden administration about how today is playing out. Well, look, 407 00:23:24,520 --> 00:23:27,600 Speaker 1: I think anybody who lived through, first of all, thanks 408 00:23:27,600 --> 00:23:29,639 Speaker 1: for having me on, Kevin. This is like Christmas for 409 00:23:29,760 --> 00:23:33,600 Speaker 1: political nerves, as we all are. But you know, anyone 410 00:23:33,600 --> 00:23:35,760 Speaker 1: who lived through and I was in the White House, 411 00:23:35,800 --> 00:23:38,480 Speaker 1: then um is as as Joe Biden said today, going 412 00:23:38,520 --> 00:23:40,960 Speaker 1: to run through the tape, right, and so nobody is 413 00:23:41,440 --> 00:23:44,280 Speaker 1: counting chickens before they hatch. I will say that the 414 00:23:44,359 --> 00:23:47,200 Speaker 1: Biden team coming into today feels very good about the 415 00:23:47,800 --> 00:23:51,000 Speaker 1: number of votes they have banked in advance of election 416 00:23:51,119 --> 00:23:54,680 Speaker 1: day because there's such a record turnout on early vote 417 00:23:54,960 --> 00:23:57,400 Speaker 1: and there are is such a run up of Democratic 418 00:23:57,480 --> 00:24:00,800 Speaker 1: registered Democrats and people that they are suming voted for 419 00:24:00,920 --> 00:24:03,560 Speaker 1: Joe Biden in the early vote that that means there 420 00:24:03,600 --> 00:24:06,040 Speaker 1: were fewer people that they need to kind of push out. Obviously, 421 00:24:06,080 --> 00:24:07,479 Speaker 1: they're going to run through the tape and get as 422 00:24:07,520 --> 00:24:10,280 Speaker 1: many people out as possible, but they feel really good 423 00:24:10,280 --> 00:24:12,720 Speaker 1: about that. They also feel like they have a number 424 00:24:12,720 --> 00:24:15,520 Speaker 1: of pathways to choose seventy UM. And you know that 425 00:24:15,600 --> 00:24:19,199 Speaker 1: could include Pennsylvania, always a swing state, of course, UM, 426 00:24:19,680 --> 00:24:23,040 Speaker 1: but that could also include Florida or North Carolina or Arizona, 427 00:24:23,119 --> 00:24:26,320 Speaker 1: paired with Michigan and Wisconsin. It could include Arizona or 428 00:24:26,600 --> 00:24:30,080 Speaker 1: North Carolina paired with Michigan, or Wisconsin and Wisconsin. So 429 00:24:30,520 --> 00:24:33,080 Speaker 1: there's lots of ways to get to to seventy and 430 00:24:33,160 --> 00:24:35,560 Speaker 1: I think Democrats just can't be romantic about how we 431 00:24:35,720 --> 00:24:38,399 Speaker 1: get there. But I'd rather be Joe Biden and the 432 00:24:38,440 --> 00:24:41,840 Speaker 1: Biden team tonight than the Trump team. It's remarkable. Jensaki 433 00:24:42,119 --> 00:24:46,879 Speaker 1: is alluding to some incredibly important election data posted by 434 00:24:46,920 --> 00:24:50,280 Speaker 1: the US Elections Project earlier today on Election Day. With 435 00:24:51,000 --> 00:24:54,040 Speaker 1: the number of early votes this cycle, folks, is about 436 00:24:54,200 --> 00:24:58,720 Speaker 1: seventy three of the one hundred and thirty seven point 437 00:24:58,920 --> 00:25:02,679 Speaker 1: five million in ballots that were cast in two thousand 438 00:25:02,760 --> 00:25:06,639 Speaker 1: and sixteen election as a whole, and it's more than 439 00:25:06,760 --> 00:25:13,040 Speaker 1: double double seven million early votes. Tyler Deaton jen says 440 00:25:13,119 --> 00:25:15,719 Speaker 1: that she'd rather be in Bidence camp tonight than Trump's 441 00:25:15,720 --> 00:25:18,440 Speaker 1: in terms of the political odds. Uh, what do you 442 00:25:18,520 --> 00:25:21,960 Speaker 1: make of that? Well, sure, who wouldn't. I mean, look, 443 00:25:22,080 --> 00:25:26,960 Speaker 1: the turnout is insane, um, and so I think that 444 00:25:27,119 --> 00:25:31,080 Speaker 1: the Trump team understands that they started today behind. Um. 445 00:25:31,440 --> 00:25:34,640 Speaker 1: This is a tough race. I'm watching Florida all night 446 00:25:34,720 --> 00:25:39,000 Speaker 1: long because Florida is the only way that President Trump 447 00:25:39,119 --> 00:25:41,719 Speaker 1: stays in this race. And we're going to have results 448 00:25:41,720 --> 00:25:44,440 Speaker 1: out of Florida very quickly. Why do you think, do 449 00:25:44,520 --> 00:25:47,320 Speaker 1: you think we're gonna know who who won Florida quickly 450 00:25:47,480 --> 00:25:50,399 Speaker 1: or or well, if it's if there's a clear result, 451 00:25:50,440 --> 00:25:52,240 Speaker 1: we will. But it's because Florida is one of these 452 00:25:52,280 --> 00:25:56,480 Speaker 1: states that will tabulate their votes quicker than most other states. 453 00:25:56,600 --> 00:26:00,520 Speaker 1: Their system is designed such that they've been processing ballots 454 00:26:00,800 --> 00:26:04,960 Speaker 1: for for weeks um. They're going to have results very quickly. 455 00:26:05,400 --> 00:26:08,520 Speaker 1: They will be you know, reported in a centralized manner. 456 00:26:09,080 --> 00:26:11,400 Speaker 1: And if it's close, then yeah, we won't know because 457 00:26:11,440 --> 00:26:13,679 Speaker 1: it will take a wild account. But if it's not close, 458 00:26:14,040 --> 00:26:17,000 Speaker 1: then that could be clear very quickly. And I think 459 00:26:17,040 --> 00:26:19,560 Speaker 1: that the reason why that matters is because there is 460 00:26:19,640 --> 00:26:23,200 Speaker 1: no path to President Trump being reelected unless he wins 461 00:26:23,280 --> 00:26:27,800 Speaker 1: Florida by President Biden. Ce Biden has multiple paths, then 462 00:26:27,920 --> 00:26:30,800 Speaker 1: he does not have to win Florida to still win 463 00:26:31,160 --> 00:26:35,560 Speaker 1: the presidency. President Trump, Florida is a must win. You know, 464 00:26:35,640 --> 00:26:37,520 Speaker 1: here's a fact for you about the Sunshine State. I 465 00:26:37,520 --> 00:26:41,760 Speaker 1: didn't realize this. Of the more than fifty million ballots 466 00:26:41,880 --> 00:26:51,399 Speaker 1: that have been cast in Florida between wow, okay, fifty 467 00:26:51,440 --> 00:26:56,320 Speaker 1: million ballots have been cast there, fewer than eighteen thousand 468 00:26:56,520 --> 00:27:01,960 Speaker 1: votes separate the total votes between Republicans and Democrats. I mean, 469 00:27:02,080 --> 00:27:05,440 Speaker 1: Jed saggy. It doesn't get closer than that. I mean, 470 00:27:05,600 --> 00:27:08,879 Speaker 1: Florida will always be an interesting state to watch. I 471 00:27:09,040 --> 00:27:12,800 Speaker 1: do agree that we'll we'll see Florida earlier than others 472 00:27:12,880 --> 00:27:16,320 Speaker 1: tonight because of all the reasons Tyler just outline, But 473 00:27:16,600 --> 00:27:19,600 Speaker 1: also it could be an interesting state to watch. I mean, 474 00:27:20,000 --> 00:27:26,119 Speaker 1: it's not necessarily the exact dynamics of past um presidential elections, because, uh, 475 00:27:26,800 --> 00:27:29,359 Speaker 1: Joe Biden may not do quite as well we'll see 476 00:27:29,720 --> 00:27:33,160 Speaker 1: as as Barack Obama and Hillary Clinton, say in Miami Dade, 477 00:27:33,560 --> 00:27:36,480 Speaker 1: but he may do better in the I four corridor, 478 00:27:36,960 --> 00:27:39,119 Speaker 1: and you know, we'll see what those votes add up to. 479 00:27:39,920 --> 00:27:41,440 Speaker 1: But I'm going to be watching. I'll just add a 480 00:27:41,520 --> 00:27:44,280 Speaker 1: state I'll be watching. I'll be watching North Carolina tonight 481 00:27:44,720 --> 00:27:48,600 Speaker 1: because I think if if if Joe Biden wins North Carolina, 482 00:27:49,160 --> 00:27:53,120 Speaker 1: that's just more points in his UM, more electoral votes, 483 00:27:53,160 --> 00:27:54,879 Speaker 1: I should say, a more popular vote of course in 484 00:27:54,960 --> 00:27:57,960 Speaker 1: his column, and it makes the path narrow, right narrow, Also, 485 00:27:58,080 --> 00:27:59,639 Speaker 1: my mom was there, so I'll be watching in and 486 00:28:00,080 --> 00:28:02,439 Speaker 1: think sen it raged there. But it's also an interesting 487 00:28:02,480 --> 00:28:05,080 Speaker 1: one to watch from the Democratic side. Well in Nash 488 00:28:05,160 --> 00:28:08,920 Speaker 1: County in UH in North Carolina, Nash County is is 489 00:28:09,320 --> 00:28:14,720 Speaker 1: a historically black county, the Black rust Belt as it's known, 490 00:28:15,320 --> 00:28:22,360 Speaker 1: and that actually went for Trump back in in by 491 00:28:22,440 --> 00:28:25,840 Speaker 1: just a handful, a handful of votes. And so that's 492 00:28:25,880 --> 00:28:28,600 Speaker 1: really why I think, you know, for political nerds, as 493 00:28:28,680 --> 00:28:31,520 Speaker 1: Jen Saki correctly called all three of us, I mean, 494 00:28:31,640 --> 00:28:34,520 Speaker 1: it really does come down to in these counties just 495 00:28:34,680 --> 00:28:37,040 Speaker 1: a handful of votes and turnout and and and it's 496 00:28:37,080 --> 00:28:41,280 Speaker 1: not a cliche Tyler Deaton, No, it's not. And I'm like, 497 00:28:41,400 --> 00:28:43,680 Speaker 1: I like Jen's point. I think it's important for people 498 00:28:43,720 --> 00:28:45,880 Speaker 1: to know that these states don't all move the exact 499 00:28:45,920 --> 00:28:50,760 Speaker 1: same direction. Right, So it's conceivable that Arizona, Georgia, North 500 00:28:50,840 --> 00:28:54,600 Speaker 1: Carolina could be moving more toward Biden, while Florida and 501 00:28:54,720 --> 00:28:58,720 Speaker 1: maybe Nevada are moving more towards Trump. Um, that's not 502 00:28:58,880 --> 00:29:01,720 Speaker 1: just some uniform path and across the whole country. I 503 00:29:01,920 --> 00:29:06,400 Speaker 1: do think that um Arizona is a state that while 504 00:29:06,560 --> 00:29:09,280 Speaker 1: they won't close their polls, you know they're on, not 505 00:29:09,520 --> 00:29:11,560 Speaker 1: not on the West coast, but in the Pacific time zone. 506 00:29:11,560 --> 00:29:13,080 Speaker 1: I think they just you know, they don't even take 507 00:29:13,160 --> 00:29:16,920 Speaker 1: daylight datings anymore. They're gonna close later, um, but we 508 00:29:17,080 --> 00:29:19,440 Speaker 1: think so. We'll see hound out of Arizona. So we'll 509 00:29:19,480 --> 00:29:21,640 Speaker 1: see all right, Jen Sakei stays, Tiler Eaton stays, I'll 510 00:29:21,640 --> 00:29:24,320 Speaker 1: stay too. I'm Kevin Cereli, chief Washington correspondent for Bloomberg 511 00:29:24,360 --> 00:29:37,840 Speaker 1: Television and for Bloomberg Radio. This is Bloomberg. This is 512 00:29:37,920 --> 00:29:43,920 Speaker 1: Bloomberg Sound on Election with Kevin Curreli on Bloomberg Radio. 513 00:29:45,000 --> 00:29:47,840 Speaker 1: My name is Kevin Cereli. I'm the chief Washington correspondent 514 00:29:47,880 --> 00:29:52,720 Speaker 1: for Bloomberg Television and for Bloomberg Radio. Remember to keep 515 00:29:52,760 --> 00:29:55,880 Speaker 1: it right here all night for complete election coverage with 516 00:29:55,960 --> 00:29:58,640 Speaker 1: me and my colleague David Weston on Bloomberg Television and 517 00:29:58,680 --> 00:30:04,480 Speaker 1: Bloomberg Radio. We have an all star policy, politics and 518 00:30:05,280 --> 00:30:08,440 Speaker 1: uh stoic conversation throughout the night. Uh And I'm I'm 519 00:30:08,520 --> 00:30:11,400 Speaker 1: thrilled and I'm grateful to be to be a part 520 00:30:11,440 --> 00:30:14,040 Speaker 1: of it. Jenie's ain no, Rick Davis as well as 521 00:30:14,200 --> 00:30:16,840 Speaker 1: uh the full the full Bloomberg team going to be 522 00:30:17,640 --> 00:30:20,560 Speaker 1: on that as well. And of course, tomorrow morning Bloomberg 523 00:30:20,560 --> 00:30:24,480 Speaker 1: Surveillance with the Tom Keane, Lisa abrama Witz and Jonathan 524 00:30:24,560 --> 00:30:27,160 Speaker 1: Paraoh to break down all of the different angles and 525 00:30:27,280 --> 00:30:31,600 Speaker 1: contours of this election headline crossing the Bloomberg terminal as 526 00:30:31,800 --> 00:30:36,360 Speaker 1: we speak. President Donald Trump's campaign appealed a court order 527 00:30:36,800 --> 00:30:39,880 Speaker 1: that denied its effort to halt ballots from being counted 528 00:30:40,320 --> 00:30:44,040 Speaker 1: in the state's biggest county amid a dispute over access 529 00:30:44,240 --> 00:30:47,920 Speaker 1: for public observers. The campaign and the Nevada Republican Party 530 00:30:48,320 --> 00:30:51,400 Speaker 1: on Tuesday asked the state Supreme Court to expedite its 531 00:30:51,440 --> 00:30:54,440 Speaker 1: review of the case, saying they will suffer irrepartable harm 532 00:30:54,760 --> 00:30:58,880 Speaker 1: if the ruling isn't overturned. It all comes as President 533 00:30:58,920 --> 00:31:03,320 Speaker 1: Trump and Joe Biden have talked about the patients that's 534 00:31:03,320 --> 00:31:05,160 Speaker 1: going to be needed to count the ballots, but also 535 00:31:05,240 --> 00:31:11,680 Speaker 1: the potential for a litigated court elections process. Take a 536 00:31:11,760 --> 00:31:14,120 Speaker 1: listen to what President Trump had to say while he 537 00:31:14,280 --> 00:31:16,760 Speaker 1: was in Arlington, Virginia at the n X office of 538 00:31:16,800 --> 00:31:20,640 Speaker 1: the Republican National Committee and whereas campaign is headquartered, and 539 00:31:20,720 --> 00:31:24,840 Speaker 1: he was answering reporters questions about when he expects the 540 00:31:24,960 --> 00:31:28,880 Speaker 1: results of the election. You can't have these things delayed 541 00:31:29,000 --> 00:31:31,880 Speaker 1: for many days and maybe weeks. You can't do that. 542 00:31:32,160 --> 00:31:34,440 Speaker 1: The whole world is waiting. This country is waiting, but 543 00:31:34,840 --> 00:31:37,640 Speaker 1: the whole world is waiting. Joe Biden, for his part, 544 00:31:37,720 --> 00:31:40,600 Speaker 1: stopped in Philadelphia to great supporters, where he told them 545 00:31:41,320 --> 00:31:45,680 Speaker 1: that he was, well, really gonna try to turn the page. 546 00:31:45,720 --> 00:31:48,880 Speaker 1: Here is President has got a lot of things backwards. 547 00:31:49,000 --> 00:31:52,640 Speaker 1: One of what is he thinks that he can decide 548 00:31:52,680 --> 00:31:58,520 Speaker 1: who gets the vote. Guess who gets to be president? 549 00:32:01,480 --> 00:32:04,200 Speaker 1: Joe Biden. They're speaking in a megaphone. Jensaki with me, 550 00:32:04,320 --> 00:32:07,120 Speaker 1: former communications director for the Obama States Department, and of 551 00:32:07,240 --> 00:32:10,560 Speaker 1: course also the former communications director then for the entire 552 00:32:10,640 --> 00:32:15,160 Speaker 1: Obama administration, as well as Tyler Deaton, Republican strategist, fundraiser 553 00:32:15,400 --> 00:32:20,000 Speaker 1: and president of Allegiance Strategies. Jed. How is Biden's political 554 00:32:20,160 --> 00:32:24,000 Speaker 1: orbit and his campaign preparing for court cases should they 555 00:32:24,080 --> 00:32:28,720 Speaker 1: have to get to the courts over the following days. Well, 556 00:32:28,800 --> 00:32:30,720 Speaker 1: I would think about it this way. Um, for for 557 00:32:30,840 --> 00:32:32,920 Speaker 1: those who haven't been dug in as as much as 558 00:32:32,960 --> 00:32:35,600 Speaker 1: we have. I mean, one, there's a high likelihood there 559 00:32:35,720 --> 00:32:39,040 Speaker 1: could still be vote counting, counting of ballots that are 560 00:32:39,080 --> 00:32:41,880 Speaker 1: being processed given the large percentage of people that voted 561 00:32:41,920 --> 00:32:45,720 Speaker 1: by mail after this evening. Now it completely depends on 562 00:32:45,880 --> 00:32:50,000 Speaker 1: the outcome tonight and which states are one. If Biden 563 00:32:50,080 --> 00:32:53,480 Speaker 1: wins Florida, Georgia and North Caroline, I'm not predicting that 564 00:32:53,640 --> 00:32:56,720 Speaker 1: for say, but you may not need the outcome of 565 00:32:56,880 --> 00:32:59,040 Speaker 1: all of these this vote counting in states that are 566 00:32:59,080 --> 00:33:02,120 Speaker 1: still counting to new the outcome. But that's to be determined. 567 00:33:02,400 --> 00:33:07,360 Speaker 1: But there are pivotal um election states Pennsylvania, Michigan, Wisconsin, 568 00:33:07,480 --> 00:33:12,040 Speaker 1: for example, that have limited ability to preprocess ballots before 569 00:33:12,120 --> 00:33:15,080 Speaker 1: election day, which means that they're starting to count them today. 570 00:33:15,240 --> 00:33:18,720 Speaker 1: So one piece is counting, which could certainly be ongoing 571 00:33:18,880 --> 00:33:21,520 Speaker 1: for days. UM. And that's this isn't the first time 572 00:33:21,600 --> 00:33:25,360 Speaker 1: this has happened before in many races beyond the presidential races. 573 00:33:25,600 --> 00:33:28,400 Speaker 1: There also is the potential for litigation. And you know, 574 00:33:28,520 --> 00:33:30,640 Speaker 1: the Biden team is of course prepared with a team 575 00:33:30,680 --> 00:33:33,160 Speaker 1: of lawyers that will be ready in states should that 576 00:33:33,280 --> 00:33:35,840 Speaker 1: be uh, should that be where this goes? UM. So 577 00:33:36,000 --> 00:33:38,760 Speaker 1: I would say they're prepared for all scenarios and we'll 578 00:33:38,760 --> 00:33:41,160 Speaker 1: see what happens out of tonight. Tyler Dewton. When you 579 00:33:41,240 --> 00:33:43,600 Speaker 1: talk to Republicans, when you talk to the Trump campaign 580 00:33:43,680 --> 00:33:48,360 Speaker 1: as well as other lawmakers, are they also preparing? I 581 00:33:48,440 --> 00:33:50,560 Speaker 1: mean it seems that you hear from President Trump himself 582 00:33:51,000 --> 00:33:56,240 Speaker 1: for the potential of a litigated battle for the for 583 00:33:56,360 --> 00:34:00,600 Speaker 1: the presidency. Well they are, And look everybody on both sides, 584 00:34:00,640 --> 00:34:02,520 Speaker 1: there's more lawyers than they know what to do with. 585 00:34:02,760 --> 00:34:05,960 Speaker 1: But I think that one of the dynamics on the 586 00:34:06,120 --> 00:34:10,800 Speaker 1: GOP side is um not that there's a divided interest 587 00:34:10,920 --> 00:34:14,279 Speaker 1: between Senate Republicans and the White House, but that you know, 588 00:34:14,440 --> 00:34:18,400 Speaker 1: there is still a real hope among Senate Republicans that 589 00:34:18,640 --> 00:34:22,000 Speaker 1: they could hold onto a Senate majority even if the 590 00:34:22,080 --> 00:34:25,480 Speaker 1: President should lose his real action. Let me press you 591 00:34:25,560 --> 00:34:27,800 Speaker 1: on that out because there were thirty four Tyler. You 592 00:34:27,880 --> 00:34:30,120 Speaker 1: and I have talked about this offline before. There were 593 00:34:30,239 --> 00:34:35,960 Speaker 1: thirty four Senate races, and not one of them broke 594 00:34:36,080 --> 00:34:39,799 Speaker 1: with how the topicular? Yeah, so the states that went 595 00:34:39,880 --> 00:34:42,719 Speaker 1: for Hillary, they voted for a Democratic senator. The states 596 00:34:42,800 --> 00:34:45,520 Speaker 1: that voted for Trump, they voted for a Republican senator. 597 00:34:45,719 --> 00:34:49,080 Speaker 1: How does that happen? I mean, how did how did something? 598 00:34:49,120 --> 00:34:51,480 Speaker 1: In defense of Tyler here because I will agree that 599 00:34:51,640 --> 00:34:56,799 Speaker 1: that's possible. Really yeah, And they basically relied on two 600 00:34:56,840 --> 00:35:00,640 Speaker 1: Republican women. It's two Republican women. It's Iowa and it's 601 00:35:00,920 --> 00:35:04,560 Speaker 1: Maine and Jodi Arts and Susan Collins. It is and 602 00:35:04,719 --> 00:35:07,200 Speaker 1: Susan Collins is still in that's now. I am a 603 00:35:07,400 --> 00:35:12,360 Speaker 1: huge Susan Collins stand Um. Everybody knows that she's probably 604 00:35:12,400 --> 00:35:15,400 Speaker 1: my favorite senator. But she has the ability to win. 605 00:35:15,719 --> 00:35:17,680 Speaker 1: Even though Trump is likely to lose the state of 606 00:35:17,760 --> 00:35:20,719 Speaker 1: Maine by by you know, eight to ten points. He 607 00:35:20,880 --> 00:35:25,120 Speaker 1: has been out performing President Trump by nearly double digits. 608 00:35:25,280 --> 00:35:28,920 Speaker 1: And so there's just going to be a real dynamic 609 00:35:29,040 --> 00:35:31,520 Speaker 1: here where even if it's an early night in the 610 00:35:31,600 --> 00:35:34,440 Speaker 1: presidential race, it's not going to be an early night 611 00:35:34,520 --> 00:35:36,040 Speaker 1: for the Senate race. But let me ask you about 612 00:35:36,440 --> 00:35:38,799 Speaker 1: about Junie Yortz. Do you think that she could also 613 00:35:38,920 --> 00:35:42,839 Speaker 1: win Iowa even if President Trump loses Iowa. She can. 614 00:35:43,000 --> 00:35:47,080 Speaker 1: She's outperforming the president pretty consistently by three to four points. Okay, 615 00:35:47,160 --> 00:35:49,600 Speaker 1: let me go to Jed. When when I look at Georgia, 616 00:35:50,040 --> 00:35:53,160 Speaker 1: for example, Senator David Berdue against John us Off Uh, 617 00:35:53,480 --> 00:35:56,400 Speaker 1: the Democratic challenger, and then you've got that special election 618 00:35:57,560 --> 00:35:59,800 Speaker 1: just the Georgia Senate races is up, is up in 619 00:35:59,840 --> 00:36:03,760 Speaker 1: the as well. Look, I think Georgia is a really 620 00:36:03,880 --> 00:36:06,880 Speaker 1: interesting state to watch because of those two Senate seats, 621 00:36:06,960 --> 00:36:09,560 Speaker 1: and because I think the Biden team justifiably feels like 622 00:36:09,840 --> 00:36:12,120 Speaker 1: they could this could be in the expansion column, and 623 00:36:12,160 --> 00:36:14,760 Speaker 1: it could be a state that comes their way. Um, tonight, 624 00:36:15,520 --> 00:36:18,160 Speaker 1: we may not know the outcome in Georgia because of 625 00:36:18,280 --> 00:36:22,319 Speaker 1: the requirement that I think you have to get the vote. Um. 626 00:36:22,719 --> 00:36:25,680 Speaker 1: So it's possible we don't know the outcome tonight, and 627 00:36:26,200 --> 00:36:28,320 Speaker 1: this could be ongoing. And I would just echo that 628 00:36:28,840 --> 00:36:32,600 Speaker 1: there are states where on both sides, Um, you know, 629 00:36:33,000 --> 00:36:36,080 Speaker 1: I would say Mark Kelly is running ahead. I would 630 00:36:36,080 --> 00:36:38,880 Speaker 1: bet of Biden. I think in most polls in Arizona, right, 631 00:36:39,200 --> 00:36:42,279 Speaker 1: they could certainly both win there. Mark Kelly, I think 632 00:36:42,280 --> 00:36:46,239 Speaker 1: it is looking like he's running to a victor. And yeah, 633 00:36:46,640 --> 00:36:48,080 Speaker 1: and I think it's more of a nail biter on 634 00:36:48,120 --> 00:36:51,120 Speaker 1: the presidential side, right, And so that that kind of 635 00:36:51,200 --> 00:36:54,200 Speaker 1: flows out in a couple of different states. Um. And 636 00:36:54,480 --> 00:36:56,080 Speaker 1: and you know, I think the Senate is going to 637 00:36:56,120 --> 00:36:59,080 Speaker 1: be an incredibly interesting place to watch because remember, even 638 00:36:59,120 --> 00:37:02,400 Speaker 1: if Biden pulls out a victory, tonight. The difference between 639 00:37:02,400 --> 00:37:05,480 Speaker 1: a Democratic Senate and a Republican Senate is huge in 640 00:37:05,640 --> 00:37:09,480 Speaker 1: terms of his agenda, his confirmations, what he wants to 641 00:37:09,520 --> 00:37:12,120 Speaker 1: get done exactly. I couldn't agree with that more for 642 00:37:12,440 --> 00:37:14,360 Speaker 1: for both of you, and that is so incredibly important. 643 00:37:14,440 --> 00:37:16,160 Speaker 1: That's one of the questions I get all the time 644 00:37:16,200 --> 00:37:18,560 Speaker 1: about how a Biden administration would govern. I say, well, 645 00:37:18,560 --> 00:37:20,560 Speaker 1: look at the Senate, because that will tell you how 646 00:37:20,680 --> 00:37:23,000 Speaker 1: he is able to govern. We might not have the 647 00:37:23,080 --> 00:37:26,960 Speaker 1: final Senate spread, mind you, until that Georgia runoff is 648 00:37:26,960 --> 00:37:30,279 Speaker 1: completed on January three. I'm Kevin sereally more policy and politics. Next, 649 00:37:30,600 --> 00:37:41,800 Speaker 1: this is Bloomberg. This is Bloomberg Sound on Election with 650 00:37:42,000 --> 00:37:46,680 Speaker 1: Kevin Currelli on Bloomberg Radio. Get out the white Board. 651 00:37:46,760 --> 00:37:49,440 Speaker 1: My name is Kevin Cereli. I'm the chief Washington correspondent 652 00:37:49,480 --> 00:37:53,000 Speaker 1: for Bloomberg Television and for Bloomberg Radio. You can't have 653 00:37:53,120 --> 00:37:57,320 Speaker 1: an election night without talking about Florida, Florida, Florida and folks, 654 00:37:57,800 --> 00:38:02,720 Speaker 1: it is razor, razor thin. The early polls indicate between 655 00:38:03,200 --> 00:38:07,320 Speaker 1: President Donald Trump as well as Democratic nominee Joe Biden. 656 00:38:07,440 --> 00:38:12,440 Speaker 1: You know, coronavirus, and of course the issue of the economy. 657 00:38:13,320 --> 00:38:16,400 Speaker 1: The top two issues every poll. Every poll has this 658 00:38:16,480 --> 00:38:20,400 Speaker 1: in common, the top two issues for folks in this election, 659 00:38:21,040 --> 00:38:24,520 Speaker 1: the pandemic and the economy. Well, President Trump was speaking 660 00:38:24,560 --> 00:38:27,360 Speaker 1: to reporters earlier today just outside of his campaign headquarters 661 00:38:27,400 --> 00:38:31,640 Speaker 1: in Arlington, Virginia, and he talked about vaccinations. Take a 662 00:38:31,719 --> 00:38:35,480 Speaker 1: listen to the President speaking about vaccines. We are rounding 663 00:38:35,520 --> 00:38:37,759 Speaker 1: the corner, but the vaccines are coming on very soon. 664 00:38:38,760 --> 00:38:44,440 Speaker 1: They're having tremendous success. Johnson and Johnson moderna Feiser and Uh, 665 00:38:45,320 --> 00:38:47,560 Speaker 1: we're gonna have something. We're gonna have a very special 666 00:38:47,719 --> 00:38:51,120 Speaker 1: year next year. I think is gonna be more successful 667 00:38:51,239 --> 00:38:53,080 Speaker 1: than it was last year. We had the best year 668 00:38:53,120 --> 00:38:55,479 Speaker 1: we've ever had last year, and I think we're gonna 669 00:38:55,480 --> 00:38:58,120 Speaker 1: be right in that category for next year. That was 670 00:38:58,200 --> 00:39:02,879 Speaker 1: President Trump. And then last evening in Cleveland, Ohio, Joe 671 00:39:02,920 --> 00:39:06,320 Speaker 1: Biden spoke about COVID and how the President has handled it. 672 00:39:06,440 --> 00:39:09,080 Speaker 1: Here he is the president of United States of America. 673 00:39:09,560 --> 00:39:12,680 Speaker 1: It was responsible for so many deaths. Had the goal 674 00:39:12,800 --> 00:39:16,160 Speaker 1: to suggest the American doctors, the people who have been 675 00:39:16,200 --> 00:39:18,520 Speaker 1: on the front line to this crisis for nine months, 676 00:39:19,160 --> 00:39:22,200 Speaker 1: along with nurses and so many others. Many of whom 677 00:39:22,239 --> 00:39:27,640 Speaker 1: have died to suggest that doctors are falsely inflating deaths 678 00:39:27,960 --> 00:39:31,240 Speaker 1: due to COVID because they want to make more money. 679 00:39:32,040 --> 00:39:35,640 Speaker 1: I'm serious, man, this guy's a disgrace. That was Joe 680 00:39:35,719 --> 00:39:39,319 Speaker 1: Biden joining me now on the telephone line. Congressman Neil Dunn. 681 00:39:39,360 --> 00:39:44,120 Speaker 1: He is a Republican representing Florida's second congressional district. Congressman, 682 00:39:44,120 --> 00:39:45,719 Speaker 1: I want to ask you about Florida, but first I 683 00:39:45,800 --> 00:39:49,200 Speaker 1: want to talk to you specifically about the handling of 684 00:39:49,320 --> 00:39:54,680 Speaker 1: the pandemic and how it is impacting the race this evening. Well, 685 00:39:54,719 --> 00:39:57,160 Speaker 1: thank you very much for having me on kevin beautiful 686 00:39:57,239 --> 00:40:00,360 Speaker 1: day in Florida. And that's what obviously we love to 687 00:40:00,400 --> 00:40:02,920 Speaker 1: talk about it the I'm a doctor as well as 688 00:40:02,960 --> 00:40:05,360 Speaker 1: a congressman, and uh and I can tell you that 689 00:40:05,920 --> 00:40:09,239 Speaker 1: we've never seen a response to any epidemic or pandemic 690 00:40:09,600 --> 00:40:12,880 Speaker 1: like this one. It is. It is incredible the amount 691 00:40:12,920 --> 00:40:15,040 Speaker 1: of resources that have been brought to bear and how 692 00:40:15,120 --> 00:40:17,680 Speaker 1: quickly they've been brought to bear. The fact that we're 693 00:40:17,719 --> 00:40:20,960 Speaker 1: going to have a vaccine being produced by the end 694 00:40:21,000 --> 00:40:24,319 Speaker 1: of the year is simply stunning and and it's it's 695 00:40:24,360 --> 00:40:26,880 Speaker 1: a great achievement by the way, I'll appine these are 696 00:40:26,920 --> 00:40:30,200 Speaker 1: gonna be good vaccines. It makes sense. Uh, I can 697 00:40:30,800 --> 00:40:32,960 Speaker 1: hold forth on matter on a medical level. Will trust me. 698 00:40:33,040 --> 00:40:36,320 Speaker 1: These vaccines are their target is easy. It's a spike protein, 699 00:40:36,760 --> 00:40:39,440 Speaker 1: and we're gonna We're gonna have great vaccines and great 700 00:40:39,480 --> 00:40:44,480 Speaker 1: therapeutics very very soon. From the political strategic standpoint, do 701 00:40:44,640 --> 00:40:47,640 Speaker 1: you feel that the Republicans missed an opportunity in terms 702 00:40:47,680 --> 00:40:50,480 Speaker 1: of how they communicated the White House as well as 703 00:40:50,640 --> 00:40:55,759 Speaker 1: Congress is handling of the pandemic to swing voters in suburbs. Well, 704 00:40:55,840 --> 00:40:57,480 Speaker 1: I don't think the White House made a mistake. I 705 00:40:57,560 --> 00:41:00,640 Speaker 1: think I think it was handled honestly by the Democrats 706 00:41:00,719 --> 00:41:04,080 Speaker 1: and and an awful echo chamber that they have there. 707 00:41:04,160 --> 00:41:07,200 Speaker 1: But I mean, I have never seen a better response 708 00:41:07,320 --> 00:41:09,520 Speaker 1: to an epidemic, and and and I dealt with some 709 00:41:09,680 --> 00:41:13,120 Speaker 1: in my military medical career. Uh, this is this is 710 00:41:13,200 --> 00:41:17,120 Speaker 1: really unprecedented. They're really rolling out all the stops. Practically 711 00:41:17,160 --> 00:41:20,960 Speaker 1: every living Nobel Prize laureate in medicine is at his 712 00:41:21,000 --> 00:41:25,839 Speaker 1: shoulder to the wagon pushing forward. Meanwhile, Uh, Florida, what's 713 00:41:25,840 --> 00:41:28,000 Speaker 1: going on down there? How? How are the polls looking, 714 00:41:28,040 --> 00:41:30,000 Speaker 1: how are the lines? What's going on in the Sunshine State, 715 00:41:31,040 --> 00:41:36,160 Speaker 1: record turnouts and UH and usual in Florida, it gets 716 00:41:36,280 --> 00:41:38,759 Speaker 1: to side it up in the Central time zone. All 717 00:41:38,800 --> 00:41:41,120 Speaker 1: we have to do is the Republicans is keep it 718 00:41:41,280 --> 00:41:44,040 Speaker 1: close in UH in the Eastern time zone, and when 719 00:41:44,080 --> 00:41:48,000 Speaker 1: the Central time zone starts reporting UH, it's swings are 720 00:41:48,000 --> 00:41:52,200 Speaker 1: a way. That's where everybody wins. Any Republican wins statewide, 721 00:41:52,239 --> 00:41:54,560 Speaker 1: whether it's the governor, of the senators or the president. 722 00:41:54,640 --> 00:41:57,759 Speaker 1: I'm predicting a big win in Florida. Okay, So take 723 00:41:57,840 --> 00:42:01,800 Speaker 1: off the congressional for a second. Take off the Republican 724 00:42:01,880 --> 00:42:04,359 Speaker 1: hat for the second, and play reporter with me. Congressman 725 00:42:04,680 --> 00:42:08,480 Speaker 1: Neil dont a Republican from the second Congressional District of Florida, 726 00:42:08,800 --> 00:42:12,759 Speaker 1: walk me through what data from the early voting we 727 00:42:12,840 --> 00:42:15,560 Speaker 1: are going to get in Florida this evening and when 728 00:42:15,640 --> 00:42:18,640 Speaker 1: it will come in. So remember we have two time 729 00:42:18,760 --> 00:42:22,120 Speaker 1: zones and the first start repairing reporting will be after seven, 730 00:42:22,680 --> 00:42:24,719 Speaker 1: and I think that that's going to be as you 731 00:42:24,840 --> 00:42:30,120 Speaker 1: suggested tight. But we have early voting turnouts on Republicans 732 00:42:30,200 --> 00:42:33,640 Speaker 1: and Democrats that show that this is better than two 733 00:42:33,719 --> 00:42:36,520 Speaker 1: thousand and sixteen, and we think it continues to be 734 00:42:36,640 --> 00:42:39,320 Speaker 1: that way through seven pm. Uh, in the in the 735 00:42:39,440 --> 00:42:42,919 Speaker 1: period that's Eastern time, from seven to a Eastern time, 736 00:42:43,680 --> 00:42:46,359 Speaker 1: we're still voting over here in our central time zone, 737 00:42:46,400 --> 00:42:51,000 Speaker 1: the Panhandle, and that's a very deeply Republican end of 738 00:42:51,040 --> 00:42:54,759 Speaker 1: the state. Uh. Typically Donald Trump wins an excess of 739 00:42:55,200 --> 00:42:59,680 Speaker 1: sixty over here, and he polls close to seventy. Right now, 740 00:43:00,360 --> 00:43:03,360 Speaker 1: we're thinking it's gonna be a good evening, Okay. Do 741 00:43:03,480 --> 00:43:06,279 Speaker 1: you think uh, in terms of what goes on with 742 00:43:06,480 --> 00:43:09,279 Speaker 1: regards to litigation. I mean, people just have flashbacks to 743 00:43:09,320 --> 00:43:11,840 Speaker 1: two thousand and the hanging Chad's in Miami Dade County 744 00:43:11,880 --> 00:43:14,480 Speaker 1: and whatnot. Uh. Are you getting the sense that the 745 00:43:14,520 --> 00:43:18,640 Speaker 1: Republican Party is bracing for a litigated court battle on 746 00:43:18,719 --> 00:43:22,920 Speaker 1: the elections? Not in Florida. I think Florida has cleaned 747 00:43:23,000 --> 00:43:25,719 Speaker 1: up the system. You know, we had some supervisors of 748 00:43:25,800 --> 00:43:31,160 Speaker 1: elections that weren't unifyingly uh, applying to rules, and we 749 00:43:31,320 --> 00:43:33,080 Speaker 1: have taken care of that. At this point, we have 750 00:43:33,160 --> 00:43:36,600 Speaker 1: a long standing absentee ballot system for mail votes, so 751 00:43:36,920 --> 00:43:40,480 Speaker 1: it's well well horn pathway. I think Florida is going 752 00:43:40,520 --> 00:43:43,680 Speaker 1: to be a shining example. Uh tonight. I think we're 753 00:43:43,719 --> 00:43:46,879 Speaker 1: gonna be talking about other states perhaps for the next 754 00:43:46,920 --> 00:43:50,920 Speaker 1: few days. Okay. Meanwhile, Congressman Neil Done is with me. 755 00:43:51,080 --> 00:43:55,440 Speaker 1: He is the Republican from the He is the Republican 756 00:43:55,560 --> 00:43:59,600 Speaker 1: from the state of Florida second Congressional District. Fiscal stimuluts. 757 00:43:59,600 --> 00:44:01,239 Speaker 1: I gotta get in a question about this. If there 758 00:44:01,360 --> 00:44:04,400 Speaker 1: is a lot of election volatility, what pressure does that 759 00:44:04,520 --> 00:44:07,879 Speaker 1: put on lawmakers like yourself in order to navigate through 760 00:44:07,960 --> 00:44:12,080 Speaker 1: the election volatility with as cases are increasing in states 761 00:44:12,239 --> 00:44:15,360 Speaker 1: might have to weigh new restrictions like conservative UK and 762 00:44:15,480 --> 00:44:19,280 Speaker 1: progressive Germany and France have done in terms of passing 763 00:44:19,320 --> 00:44:23,760 Speaker 1: additional stimulus. So the stimulus, I think we've tried thirty 764 00:44:23,840 --> 00:44:27,120 Speaker 1: nine times to uh, we have thirty nine different propositions. 765 00:44:27,160 --> 00:44:28,920 Speaker 1: We've put the polos who we can't get on the 766 00:44:29,080 --> 00:44:31,880 Speaker 1: on the floor. So you know when I think, you know, 767 00:44:32,080 --> 00:44:34,920 Speaker 1: there's going to be a stimulus after the election. But 768 00:44:35,040 --> 00:44:38,000 Speaker 1: the reason we couldn't get one earlier than the over 769 00:44:38,080 --> 00:44:41,880 Speaker 1: and above what we have was simple and transigence. Uh. 770 00:44:41,960 --> 00:44:44,960 Speaker 1: In terms of the the what how the economy is 771 00:44:45,000 --> 00:44:49,120 Speaker 1: going to respond? I'm a big fan of focused quarantines, 772 00:44:49,200 --> 00:44:51,920 Speaker 1: not lockdowns on the whole economy. I don't think I did. 773 00:44:52,040 --> 00:44:55,040 Speaker 1: We know who's at risk. We were getting much better 774 00:44:55,120 --> 00:44:57,759 Speaker 1: testing figuring out who has it. Let's let's treat the 775 00:44:57,800 --> 00:45:00,400 Speaker 1: people who have it, and we have treatments now, and 776 00:45:00,880 --> 00:45:03,319 Speaker 1: let's uh, let's quarantine the people who are at risk 777 00:45:03,640 --> 00:45:06,160 Speaker 1: and of course the ones with the disease. So we 778 00:45:06,360 --> 00:45:08,680 Speaker 1: we can do this with a focus quarantine just as 779 00:45:08,719 --> 00:45:11,040 Speaker 1: well as we can lockdowns. And it's a lot less 780 00:45:11,080 --> 00:45:14,280 Speaker 1: expensive to the economy. All right, My thanks to Congressman 781 00:45:14,400 --> 00:45:17,720 Speaker 1: Neil Toun He is a Republican from Florida's second congressional district. 782 00:45:17,760 --> 00:45:21,359 Speaker 1: Great to check in on the Sunshine State on election day. 783 00:45:21,480 --> 00:45:25,280 Speaker 1: Coming up, Panel returns what's on their radar, And remember, folks, 784 00:45:25,480 --> 00:45:28,520 Speaker 1: stick with Bloomberg Radio and Bloomberg Television, where my colleague 785 00:45:28,600 --> 00:45:31,960 Speaker 1: David Weston and myself will continue to monitor all of 786 00:45:32,000 --> 00:45:36,320 Speaker 1: the election night developments. I'm Kevin Cereli. This is Bloomberg. 787 00:45:49,760 --> 00:45:55,080 Speaker 1: This is Bloomberg Sound on Election with Kevin Curreli on 788 00:45:55,400 --> 00:45:59,359 Speaker 1: Bloomberg Radio. My name is Kevin Cirelli. I'm the chief 789 00:45:59,400 --> 00:46:03,240 Speaker 1: Washington co respondent for Bloomberg Television and for Bloomberg Radio. 790 00:46:03,360 --> 00:46:06,280 Speaker 1: And you know, folks on a daylight. Today, when political 791 00:46:06,360 --> 00:46:10,120 Speaker 1: tensions are running high, it's important to remember that what 792 00:46:10,280 --> 00:46:14,000 Speaker 1: we are witnessing this evening is an important ritual in 793 00:46:14,080 --> 00:46:18,440 Speaker 1: American society, in American history that dates back all the 794 00:46:18,520 --> 00:46:22,360 Speaker 1: way to our founders, and of course George Washington in 795 00:46:22,520 --> 00:46:25,360 Speaker 1: seventeen nine. And I don't say it's again on a 796 00:46:25,440 --> 00:46:28,520 Speaker 1: cereally soap box. I say it because it's important to 797 00:46:28,640 --> 00:46:32,640 Speaker 1: remember the stoicism of this moment, the importance of this 798 00:46:32,880 --> 00:46:36,520 Speaker 1: moment when an electoral college back in seventeen eighty nine 799 00:46:36,640 --> 00:46:40,440 Speaker 1: unanimously voted in New York City, the site of the 800 00:46:40,480 --> 00:46:44,640 Speaker 1: original capital of the United States, for George Washington. Mind you, 801 00:46:44,719 --> 00:46:48,160 Speaker 1: George Washington is the only president to have been inaugurated 802 00:46:48,280 --> 00:46:52,800 Speaker 1: in two different cities, New York City the first, and 803 00:46:52,920 --> 00:46:56,239 Speaker 1: then in the second go around the city of brotherly love, Philadelphia, 804 00:46:56,560 --> 00:46:59,839 Speaker 1: where the Senate Chamber of Converse Hall was the site 805 00:46:59,880 --> 00:47:04,560 Speaker 1: of his second inauguration on March fourth in seventeen three. 806 00:47:04,719 --> 00:47:07,279 Speaker 1: If you're just joining us, uh, we've an all star 807 00:47:07,440 --> 00:47:10,680 Speaker 1: political panel who have helped me navigate and preview all 808 00:47:10,760 --> 00:47:13,840 Speaker 1: of the different dynamics of this evening. Jen Psaki, she 809 00:47:14,120 --> 00:47:17,839 Speaker 1: was the previous community. Uh, spokesperson for the Obama States 810 00:47:17,880 --> 00:47:21,120 Speaker 1: Department and then of course the communications director for former 811 00:47:21,200 --> 00:47:24,759 Speaker 1: President Obama, as well as Tyler Deeton. Tyler is a 812 00:47:24,840 --> 00:47:29,440 Speaker 1: Republican insider uh. He knows everyone in in Republican circles 813 00:47:29,840 --> 00:47:33,879 Speaker 1: uh and is a fundraiser and president of Allegiance Strategies. Jean, 814 00:47:33,960 --> 00:47:36,880 Speaker 1: before I before I get what's on your radar, just, 815 00:47:37,520 --> 00:47:40,200 Speaker 1: I think it's important to note in these incredibly polarized 816 00:47:40,239 --> 00:47:44,440 Speaker 1: times that this is still, albeit maybe imperfect, a democracy 817 00:47:44,600 --> 00:47:47,520 Speaker 1: and a system that works, and the power of one 818 00:47:47,640 --> 00:47:52,480 Speaker 1: vote can truly change the outcome in a state. I 819 00:47:52,600 --> 00:47:55,759 Speaker 1: think that's absolutely true. And look, I'm a born and 820 00:47:55,840 --> 00:47:59,239 Speaker 1: bred Democrat, but two million people have voted by mail. 821 00:47:59,400 --> 00:48:02,560 Speaker 1: That's pretty amazing, right, And you know, according to the 822 00:48:02,640 --> 00:48:05,160 Speaker 1: Biden numbers, you know, they have voter protection lines that 823 00:48:05,239 --> 00:48:07,080 Speaker 1: people can call, and none out of ten of the 824 00:48:07,200 --> 00:48:10,279 Speaker 1: calls to those are questions about where they're polling places are. 825 00:48:10,719 --> 00:48:14,120 Speaker 1: There's been a much lower percentage of ballots thrown out 826 00:48:14,200 --> 00:48:17,960 Speaker 1: than I think people anticipated. So there's always things that 827 00:48:18,080 --> 00:48:20,480 Speaker 1: could happen on election day and will happen in the 828 00:48:20,600 --> 00:48:23,400 Speaker 1: days ahead. But you know, overall, that's that's kind of 829 00:48:23,480 --> 00:48:26,480 Speaker 1: a win for democracy, and it's it's great that there's 830 00:48:26,520 --> 00:48:29,520 Speaker 1: been such record turnout. Tyler diton what's your favorite election 831 00:48:29,600 --> 00:48:35,560 Speaker 1: memory ever? Or do I ever ever? No, don't we 832 00:48:35,600 --> 00:48:40,920 Speaker 1: can skip. I have this. This is this is a 833 00:48:40,960 --> 00:48:45,400 Speaker 1: little pet peeve of mine. I have knocked on doors 834 00:48:45,920 --> 00:48:49,480 Speaker 1: and I have made thousands of phone calls for the 835 00:48:49,520 --> 00:48:52,319 Speaker 1: Republican Party since before I even turned eighteen. I've been 836 00:48:52,320 --> 00:48:54,919 Speaker 1: working in the Republican Party since I was sixteen years old. 837 00:48:55,520 --> 00:48:58,880 Speaker 1: And I think we've got too many people, uh working 838 00:48:58,920 --> 00:49:01,719 Speaker 1: in the party who haven't done those things. Kevin, I 839 00:49:01,840 --> 00:49:04,040 Speaker 1: think you've got to make the phone calls. I think 840 00:49:04,080 --> 00:49:06,480 Speaker 1: you've got to knock on boards. You've gotta handwrite letters 841 00:49:06,560 --> 00:49:10,239 Speaker 1: and lick the envelopes to really know what's going on 842 00:49:10,440 --> 00:49:15,000 Speaker 1: in either party. And I think one thing, I think 843 00:49:15,080 --> 00:49:17,560 Speaker 1: one thing everyone can agree with is that all those 844 00:49:17,600 --> 00:49:21,520 Speaker 1: text messages more than a billion according to Bloomberg, more 845 00:49:21,560 --> 00:49:24,800 Speaker 1: than one billion text messages sent out by the Democrats 846 00:49:24,840 --> 00:49:27,520 Speaker 1: and Republicans this cycle, maybe they will stop. It's time 847 00:49:27,560 --> 00:49:29,360 Speaker 1: now for my favorite part of the program. What is 848 00:49:29,440 --> 00:49:34,399 Speaker 1: on the panel's radar? What's on your radar tonight? Jen Sake, Well, 849 00:49:34,560 --> 00:49:37,840 Speaker 1: I am kind of timing out my snacks and drink 850 00:49:37,880 --> 00:49:43,759 Speaker 1: schedule by the same but because I gotta be on air, 851 00:49:43,920 --> 00:49:45,640 Speaker 1: so I don't. I want to make sure that I'm 852 00:49:45,760 --> 00:49:48,840 Speaker 1: that I'm eating and well caffeinated throughout the early morning. 853 00:49:48,880 --> 00:49:51,400 Speaker 1: Go ahead, JENNI right, it's it's it's there's a real 854 00:49:51,440 --> 00:49:53,880 Speaker 1: strategy behind that. But you know, I think in the 855 00:49:54,000 --> 00:49:59,800 Speaker 1: seven pm hour, there's Florida, Georgia, Virginia, New Hampshire seventh 856 00:49:59,880 --> 00:50:02,680 Speaker 1: or the Ohio North Carolina. It doesn't mean we'll know 857 00:50:02,800 --> 00:50:06,480 Speaker 1: results immediately, but some of these are early indicators, so 858 00:50:06,640 --> 00:50:09,319 Speaker 1: I'll be watching in those categories. Some of the early 859 00:50:09,480 --> 00:50:14,759 Speaker 1: Florida numbers UM certainly North Carolina Georgia. Of course, if 860 00:50:14,800 --> 00:50:18,000 Speaker 1: there's a strong outcome or strong turnout or even strong 861 00:50:18,080 --> 00:50:21,440 Speaker 1: reporting numbers for Biden, that's a really good sign of 862 00:50:21,520 --> 00:50:24,400 Speaker 1: where the night is headed. So I think there's actually 863 00:50:24,480 --> 00:50:27,279 Speaker 1: some interesting data that we could gather even in the 864 00:50:27,360 --> 00:50:30,040 Speaker 1: first hour or two after the polls closed. I agree, 865 00:50:30,080 --> 00:50:33,759 Speaker 1: Will you be sleeping tonight or no? Uh tb D. 866 00:50:36,000 --> 00:50:38,759 Speaker 1: I don't know. I I feel like, you know, just 867 00:50:38,920 --> 00:50:41,080 Speaker 1: like as a political anim like get pretty wound up 868 00:50:41,160 --> 00:50:43,319 Speaker 1: on these nights. So and I just had a cup 869 00:50:43,400 --> 00:50:47,000 Speaker 1: of coffee, so that may also have any Tyler. Are 870 00:50:47,000 --> 00:50:48,360 Speaker 1: you gonna sleep tonight or are you gonna? Are you 871 00:50:48,360 --> 00:50:52,200 Speaker 1: gonna wait for forever? Yeah, I'm gonna sleep like a baby. 872 00:50:52,640 --> 00:50:55,680 Speaker 1: And I'm about to go on my radar. I've got bourbon, 873 00:50:55,880 --> 00:50:58,439 Speaker 1: I've got popcorn, You've got some steaks. We're gonna grill. 874 00:50:59,000 --> 00:51:04,120 Speaker 1: I'm about the lling to I'm gonna go grid for 875 00:51:04,320 --> 00:51:06,759 Speaker 1: about two hours. I'm just about to disappear, and I'm 876 00:51:06,760 --> 00:51:09,560 Speaker 1: not even gonna check back in until we've had at 877 00:51:09,640 --> 00:51:13,120 Speaker 1: least half the country close their polls. Um, And I'm 878 00:51:13,120 --> 00:51:15,200 Speaker 1: gonna be thinking about what we do to fix vote 879 00:51:15,200 --> 00:51:21,040 Speaker 1: by mail because your radar, Yeah, and you know it 880 00:51:21,120 --> 00:51:23,680 Speaker 1: has been since March. I have been banging the vote 881 00:51:23,680 --> 00:51:27,160 Speaker 1: by mail drums since this pandemic was first identified. We 882 00:51:27,280 --> 00:51:30,200 Speaker 1: need to be moving to vote by mail anyway. Um. 883 00:51:30,320 --> 00:51:33,080 Speaker 1: We need to be employing technology to make voting easier 884 00:51:33,160 --> 00:51:36,759 Speaker 1: and more secure. So, while I'm happy at the tremendous 885 00:51:36,760 --> 00:51:39,359 Speaker 1: success we've had with vote by mail this year, there's 886 00:51:39,360 --> 00:51:41,520 Speaker 1: a lot more to do. And I would say first 887 00:51:41,600 --> 00:51:44,560 Speaker 1: on that list is the USPS needs our help. I 888 00:51:44,680 --> 00:51:46,759 Speaker 1: think we would have an even better performance this year 889 00:51:46,800 --> 00:51:49,759 Speaker 1: with vote by mail. If the USPS had gotten a 890 00:51:49,800 --> 00:51:52,760 Speaker 1: support from Congress and from the administration that they deserve, 891 00:51:53,200 --> 00:51:56,400 Speaker 1: they need. They need new trucks, Kevin, they need electric 892 00:51:56,440 --> 00:51:59,920 Speaker 1: trucks to deliver the mail. Uh. The workers need healthcare. 893 00:52:00,719 --> 00:52:03,960 Speaker 1: M Retiring postal workers need to be taken care of 894 00:52:04,200 --> 00:52:06,880 Speaker 1: by our country. And there's just this whole issue that 895 00:52:06,960 --> 00:52:08,759 Speaker 1: we have that I think that the USPS has just 896 00:52:08,880 --> 00:52:12,240 Speaker 1: taken advantage of and is sort of neglected by our country. 897 00:52:12,320 --> 00:52:14,799 Speaker 1: And it is provided for in the constitution. Now, I'm 898 00:52:14,800 --> 00:52:16,799 Speaker 1: not going to talk about the postal service all night long, 899 00:52:16,920 --> 00:52:20,720 Speaker 1: but there is an immediate need for ten billion dollars 900 00:52:20,880 --> 00:52:23,840 Speaker 1: because of the pandemic that they need from our country 901 00:52:24,120 --> 00:52:26,640 Speaker 1: to save the postal service. We all need it. We 902 00:52:26,760 --> 00:52:29,320 Speaker 1: get our drugs, we get our medications, we get paid. 903 00:52:29,640 --> 00:52:32,120 Speaker 1: The postal service is a huge part of every person's life, 904 00:52:32,360 --> 00:52:34,560 Speaker 1: no matter where you live, no matter how rich you are, 905 00:52:34,640 --> 00:52:37,320 Speaker 1: no matter what color you are. With that, I'll leave it. 906 00:52:37,440 --> 00:52:40,279 Speaker 1: But if we had the USPS PIX, we could have 907 00:52:40,360 --> 00:52:43,319 Speaker 1: even had an even better election this year and even 908 00:52:43,440 --> 00:52:46,319 Speaker 1: safer and an even higher turnout. I think Tyler didon 909 00:52:46,360 --> 00:52:52,239 Speaker 1: how do you Cook Your Stick? Medium? Rare, Smart you know, 910 00:52:52,840 --> 00:52:59,200 Speaker 1: I feel like it's a good election night and degrees 911 00:53:00,040 --> 00:53:02,520 Speaker 1: hundred degree You're gonna make everybody hungry on election right. 912 00:53:02,560 --> 00:53:06,760 Speaker 1: Here's what's on my radar. Delaware County, Pennsylvania. Delaware County, Pennsylvania, Delco. 913 00:53:07,040 --> 00:53:09,360 Speaker 1: It's my hometown. I'm a bit biased, but it's a 914 00:53:09,400 --> 00:53:13,000 Speaker 1: collar county outside of the City of Brotherly Love, and 915 00:53:13,760 --> 00:53:16,160 Speaker 1: it's it's really at the at the eye of the 916 00:53:16,560 --> 00:53:20,319 Speaker 1: political storm given what's been happening in Philadelphia. There's been 917 00:53:20,360 --> 00:53:24,880 Speaker 1: some protests regarding racial inequality. There was a recent um 918 00:53:25,640 --> 00:53:30,640 Speaker 1: curfew imposed by the Democratic governor there, uh for the 919 00:53:31,640 --> 00:53:35,520 Speaker 1: city of Brotherly Love. And it's also fracking country, and 920 00:53:35,640 --> 00:53:37,920 Speaker 1: it's a part of the state where fracking is incredibly 921 00:53:37,960 --> 00:53:42,040 Speaker 1: important to the local local economy. And so I'm gonna 922 00:53:42,040 --> 00:53:47,360 Speaker 1: be watching to see if Democrats outperformed Hillary Clinton in 923 00:53:48,080 --> 00:53:50,520 Speaker 1: two thousand and sixteen, because that could be a real 924 00:53:50,600 --> 00:53:52,239 Speaker 1: sign of how the state is going to go. I'm 925 00:53:52,280 --> 00:53:54,160 Speaker 1: also gonna be watching to see a President Trump is 926 00:53:54,200 --> 00:53:59,640 Speaker 1: able to win some of the energy townships. Not the county, 927 00:53:59,719 --> 00:54:02,839 Speaker 1: it's a Democratic county, but the townships Tenncam, Marcus Hook 928 00:54:03,280 --> 00:54:08,080 Speaker 1: and and elsewhere where. Again, refinery workers are unionized, Kennedy Catholics, 929 00:54:08,160 --> 00:54:11,960 Speaker 1: Reagan Democrats type of voters. It's going to be fascinating. 930 00:54:12,239 --> 00:54:16,200 Speaker 1: Truly a privilege tonight, folks to participate in our coverage 931 00:54:16,560 --> 00:54:19,880 Speaker 1: with David Weston on Bloomberg Radio and Bloomberg Television. And 932 00:54:20,640 --> 00:54:24,080 Speaker 1: truly a privilege to have Tyler Deaton, a Republican strategist 933 00:54:24,120 --> 00:54:27,440 Speaker 1: and fundraiser, president of Allegiance Strategies at of course, massive 934 00:54:27,480 --> 00:54:30,160 Speaker 1: privilege as well to have Jen Saki, the former spokesperson 935 00:54:30,200 --> 00:54:33,120 Speaker 1: for the Obama State Department and former communications director for 936 00:54:33,280 --> 00:54:36,719 Speaker 1: the Obama administration. UM. And coming up next, we're gonna 937 00:54:37,000 --> 00:54:40,279 Speaker 1: keep it with continuing coverage. My colleagues Doug Prisoner and 938 00:54:40,360 --> 00:54:44,560 Speaker 1: the Baxter have continued special election coverage. I'm gonna go caffeineate. 939 00:54:45,040 --> 00:54:47,000 Speaker 1: I feel like Tyler and Jen just told me to 940 00:54:47,040 --> 00:54:50,759 Speaker 1: go drink some more coffee as we prepare together as 941 00:54:50,800 --> 00:54:55,080 Speaker 1: a country of Kevin CURRELLI. You're listening to Bloomberg Radio 942 00:55:14,640 --> 00:55:14,680 Speaker 1: and