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Speaker 1: Why from our nation's cale, this budget thing is going

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Speaker 1: to do nothing. Space Force. I still think it's interesting

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Speaker 1: President Trump not playing his cards yet. Headlines Policy and

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Speaker 1: politics colliding Floomberg Sound On, the Insiders, the influencers, the insides.

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Speaker 1: I would rather see a congressional solution. It's part of

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Speaker 1: my DNA. The Senate map in looks a lot different

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Speaker 1: than it looked in. You really have a divide within

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Speaker 1: Team Trump. The president has to do exactly what people

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Speaker 1: sent him here to do, which is to get it done.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg

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Speaker 1: one and one oh five point h d two Democrats

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Speaker 1: odds to be tested by impeachment hearings. Meanwhile, good news

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Speaker 1: for Joe Biden. Joe Biden leading in a new Granite

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Speaker 1: state poll, the first primary state in the nation, New Hampshire.

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Speaker 1: Will bring you the latest on the campaign front as well,

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Speaker 1: and Wall Street waiting for President Donald Trump's remarks tomorrow

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Speaker 1: before the Economic Club of New York. The latest on

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Speaker 1: reading the US China trade tea leaves lots to get through.

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Speaker 1: Dave Brown's here, Democratic strategist, former advisor to Senator Patty

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Speaker 1: Murray Emily Miller returns Republican strategists and former State Department

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Speaker 1: Deputy Press secretary. But first, let's get a check on

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Speaker 1: the headlines for my good friend Nancy Lyons Nancy Hey,

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Speaker 1: Kevin Thanks. Another Republican congressman is opting out of running

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Speaker 1: for another term. New York's Peter King discussed his decision

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Speaker 1: on w o RS the Lenn Berman and Michael Rydell Show.

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Speaker 1: King told him it was not an easy decision. It

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Speaker 1: was a season for everything, and after fourteen terms, twenty

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Speaker 1: eight years, and that's four days a week in Washington,

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Speaker 1: I just felt it was time to do something different,

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Speaker 1: to stay here in Seafort and spend more time with

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Speaker 1: my family. King says President Trump's ongoing impeachment battle did

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Speaker 1: not factor into his decision. Well. Public impeachment hearings begin

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Speaker 1: this week. Two days of hearings are scheduled on Wednesday

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Speaker 1: and Friday. White House Acting Chief of Staff mcmoll vny

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Speaker 1: has been among those who have defied a subpoena from

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Speaker 1: impeachment investigators. Now he's facing opposition in his bid to

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Speaker 1: join a lawsuit over testimony that was brought by former

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Speaker 1: National Security advisor John Bolton and his deputy he has

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Speaker 1: Mulvaney has asked to sign onto the lawsuit brought by

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Speaker 1: Bolton and Charles Cooperman, who are asking a court for

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Speaker 1: clarification on compliance with congressional subpoenas. The Washington Post quotes

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Speaker 1: people close to Bolton and Cooperman who say they consider

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Speaker 1: mulvaney a key participant in Trump's alleged effort to pressure

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Speaker 1: Ukraine to pursue investigations of his political opponent. Maryland Governor

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Speaker 1: Larry Hogan has been urging Marylanders today to set aside

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Speaker 1: time to honor veterans by raising a flag and simply

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Speaker 1: saying thanks. These small but meaningful gestures honor the spirit

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Speaker 1: of veteran's day and remind us never to forget or

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Speaker 1: to take for granted the incredible debt that we oh

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Speaker 1: to all of those who have worn the flag of

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Speaker 1: our nation on their arms. Hogan spoke this morning at

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Speaker 1: the state's World War Two Memorial. Public and private school

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Speaker 1: teachers can now start voting on their choice for the

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Speaker 1: Maryland State Board of Education. Voting began yesterday to choose

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Speaker 1: an active school teacher from among thirteen teacher candidates to

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Speaker 1: fill a board seat for the next two and a

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Speaker 1: half years. Voting ends November, with the results to be

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Speaker 1: released December. Maryland State Education Association President Cheryl Bost says

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Speaker 1: it'll be good to have an active practitioner of teaching

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Speaker 1: on the board to provide a voice for the profession.

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Speaker 1: Another new board seat will be filled by a parent,

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Speaker 1: Amy Morris, Bloomberg and one oh five point seven f

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Speaker 1: m HD two. It is time now for the Beltway

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Speaker 1: Business Report. For that, we go to Bloomberg's Tracy john Kie.

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Speaker 1: There's been at least one Wall Street record in five

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Speaker 1: of the past six trading days. That Dow climbed ten

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Speaker 1: points to a record twenty seven thousand, six one. The

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Speaker 1: Nasdaq fell eleven points to eight four sixty four. The

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Speaker 1: SMP is down six points. The Dow did it with

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Speaker 1: Boeing's help, after Boeing mapped out a seven thirty seven

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Speaker 1: max return to service over the next two months, and

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Speaker 1: all day bright Spot was balgreen s. Bloomberg News reports KKR,

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Speaker 1: a New York private equity firm, has approached Walgreens about

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Speaker 1: buying out shareholders. There's no guarantee anything will happen, but

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Speaker 1: the stock is up five Amazon's preparing to launch a

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Speaker 1: new supermarket brand, one that is not based on whole

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Speaker 1: foods or it's cashierless Amazon Go convenience stores. Amazon has

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Speaker 1: posted four jobless sings in Los Angeles for what it

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Speaker 1: describes as its first grocery store. They've been selling jewelry

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Speaker 1: and Woodbridge for thirty years now. The owners of Jewelry

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Speaker 1: by Designs want to explore other interests. They are closing

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Speaker 1: the store inside Melva reports. The going out of business

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Speaker 1: sales starts tomorrow. You're up to date on business from

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Speaker 1: the Beltway to Baltimore. I'm Tracy john Kie. This is

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Speaker 1: Bloomberg and one of five points seven f m HD two.

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Speaker 1: Thanks Racy. Global News twenty four hours a day on

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Speaker 1: air and at TikTok on Twitter. How ared buying more

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Speaker 1: than twenty seven journalists and analyst and more than a

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Speaker 1: d twenty countries. I'm Nancy Allions. Back to you, Kevin.

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Speaker 1: Thank you, Nancy. Happy Veterans Day, everybody. I'm Kevin Curilli,

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Speaker 1: chief Washington correspondent for Bloomberg Television and Bloomberg Radio. I'm

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Speaker 1: joined by two political all stars, Dave Brown, Democratic strategists

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Speaker 1: and former adviser to Senator Patty Murray and Emily Miller,

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Speaker 1: republican strategist former States Department Deputy Press Secretary Emily, I

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Speaker 1: know the veterans are and veteran advocacy groups are something

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Speaker 1: that you're incredibly passionate about. You and I have shared

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Speaker 1: that in common throughout our friendship. What what did you

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Speaker 1: do today to honor veterans? And what did you do

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Speaker 1: over the weekend to honor veterans? Or how can we

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Speaker 1: remember them and keep them uh in in our thoughts today?

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Speaker 1: Thanks Kevin for making me feel like a totally horrible

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Speaker 1: person right now. I've been sick all weekend, so I

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Speaker 1: didn't do anything, but you always keep them in mind. No,

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Speaker 1: of course I am. She's being so humble, modest right now,

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Speaker 1: right star to show what I usually do on Veterans Day,

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Speaker 1: I wasn't. I was in bed, as you can hear

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Speaker 1: from well, I know right you over the veterans, right, Kevin. So, um,

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Speaker 1: what I usually do on Veterans Day and on Memorial

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Speaker 1: Days go to Arlington and and yeah go to the

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Speaker 1: graves and especially go to the newer graves, which heartbreaking

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Speaker 1: obviously the ones from Sire that those were losing in Syria,

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Speaker 1: some considered the forgotten exactly. I have gravestones, Dave. You know,

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Speaker 1: Veterans Day, just so much going on in the city,

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Speaker 1: and I was a dog Tag Bakery, as you guys

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Speaker 1: both know, one of my favorite spots in all of Washington,

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Speaker 1: d C. Just the advocacy work that they do with

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Speaker 1: veterans and financial literacy, and how they partner with Georgetown University.

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Speaker 1: I don't I don't think we talked about veterans issues enough.

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Speaker 1: I agree, And and you know, my first job in DC, Kevin,

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Speaker 1: when I moved here in twenty eleven, was getting to

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Speaker 1: serve Chairman Patty Murray at the time when she chaired

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Speaker 1: the Senate Veterans Affairs Committee, And so I got to

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Speaker 1: spend the bulk of my time on Capitol Hill in

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Speaker 1: service to veterans. And obviously I'm a you know, son

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Speaker 1: and grandson, and my brother's active duty right now, so

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Speaker 1: this is certainly yeah, so this is um he's in

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Speaker 1: the Army, which most of my father's dismayed. My father

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Speaker 1: was an Air Force pilot, so my brother. But no, Kevi,

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Speaker 1: I think you raised a really important point. And you know,

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Speaker 1: amid all the sexier headlines. Um, the focus on reform

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Speaker 1: at via the fact that we still haven't fully resolved

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Speaker 1: the claims backlog, the fact that we still have very

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Speaker 1: serious is exactly thank you mental healthy to see. So

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Speaker 1: um yeah, in fact, I think we should do an

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Speaker 1: entire show in those issues. I would would, I would

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Speaker 1: love to do. But we'll do it. We'll do something

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Speaker 1: in the next couple of weeks. I've been everyone knows this,

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Speaker 1: uh dog Tag Bakery. I just think they do incredible work,

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Speaker 1: and so we've been having some private conversations with them

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Speaker 1: about ways to talk about some veterans issues when we're

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Speaker 1: ready to disclose me with very cool and um, what

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Speaker 1: was I going to add on that front? There is

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Speaker 1: so much going on, uh this week. I'm actually the

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Speaker 1: grandson of a purple Heart. But yeah, I know my

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Speaker 1: my dad's father received the Purple Heart in which in

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Speaker 1: World War Two. Really know. Yeah, so that's a fun fact,

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Speaker 1: little known facts about Kevin Sirillian. We're grateful for all

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Speaker 1: of the service that families do and everyone we should

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Speaker 1: keep talking about them, all right, With that intro done,

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Speaker 1: let's talk about all right. So, so the hearings start

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Speaker 1: this week, and I was prepping for these hearings they

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Speaker 1: start Wednesday, and I'm not sure Dave that one the

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Speaker 1: American people are going to be closely following the ins

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Speaker 1: and outs of this and too that it will change

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Speaker 1: the trajectory of the race. What about what are you

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Speaker 1: what's your broad takeaway of this? Yeah, broad takeaways. It's

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Speaker 1: it's way too early I think to reach a conclusion

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Speaker 1: on either of those points. Um. Definitely agree with you

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Speaker 1: on t I think that's an open question. And I think,

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Speaker 1: you know, for for House members Democrats who who flipped

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Speaker 1: seats that Trump won in sixteen, obviously the stakes are

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Speaker 1: are quite high for them. I think thirty or thirty one.

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Speaker 1: It's Um, the presidential field has largely answered the question, right,

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Speaker 1: I mean, there isn't a huge variants other than maybe

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Speaker 1: Tulsi Gabert on whether or not they think the president

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Speaker 1: should be impeached. So I think at least in terms

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Speaker 1: of presidential politics, it's settled on that level. Um. But

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Speaker 1: for purposes of Wednesday and onwards, Yeah, I mean, look,

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Speaker 1: you know, over pages of transcript have already been released. Um.

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Speaker 1: Democrats and committees have done very important work in terms

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Speaker 1: of the depositions that have happened. Uh, And now this

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Speaker 1: is a public process. And so from a Democrats perspective,

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Speaker 1: you know, being able to really ensure a cogent narrative

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Speaker 1: and helping walk the American people through the testimony in

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Speaker 1: a way that is meticulous, transparent and also um understandable

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Speaker 1: and relatable, I think is going to be a very

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Speaker 1: important task. And when you have folks like Senator Rampaul

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Speaker 1: and others who are really trying to muddy the water,

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Speaker 1: that's when it gets obviously the politics get super true. Well,

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Speaker 1: you mentioned Kentucky Senator Ram Paul. Let's let's hear a

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Speaker 1: little bit from him, and then I'll get your and

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Speaker 1: then i'll get your your analysis of it. Here Senator

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Speaker 1: Ran Paul, Republican from Kentucky, to take a listen. If

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Speaker 1: you're not allowed to give aid to people who are corrupt,

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Speaker 1: there's always contingencies on aid. Even even President Obama withheld aid.

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Speaker 1: You know, he was supposed to give lethal aid. Congress

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Speaker 1: said give them three hundred million in lethal aid, and

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Speaker 1: he sent them blankets. So presidents, since the beginning of time,

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Speaker 1: I resisted Congress and there's been this sort of back

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Speaker 1: and forth jockeying over what is sent, but also presidents

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Speaker 1: have withheld aid before for corruption. That was Senator Rampaul

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Speaker 1: on NBC's Meet the Press yesterday, you know, and candidly,

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Speaker 1: it's a conversation that I've been having with Republicans on

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Speaker 1: this program and privately for for weeks, which is they

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Speaker 1: they're making the case it's not that he was going

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Speaker 1: after the Bidens, it's that he was going after corruption. Now,

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Speaker 1: whether or not folks believe that, I'll leave it to

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Speaker 1: folks to decide on their own. But that's that's that's

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Speaker 1: exactly what they're gonna lay out in these hearings on

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Speaker 1: Wednesday and Friday this week. Yeah, I mean, which it's

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Speaker 1: what I think it's gonna be. Going back to the

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Speaker 1: Davi's talking about it where the house plays outside the

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Speaker 1: belt Way, I mean inside the Beltway. It's gonna be

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Speaker 1: very nuanced. Like you said, it's gonna be whether it's

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Speaker 1: the corruption, whether it's what there's about Hunter Biden, whether

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Speaker 1: it's about VP Biden, whether it's about about twenty sixteen,

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Speaker 1: but you know, history the time. How much is a

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Speaker 1: public going to understand of this? How much is the

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Speaker 1: public going to care about this and does a strike

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Speaker 1: into and does this a fect presidential election Ukraine? The

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Speaker 1: US Diplomat for Ukraine, Bill Taylor, is going to testify

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Speaker 1: on Monday. Those hearing start at ten am. Then the

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Speaker 1: Deputy Assistant Secretary for European and Eurasian Affairs, George Kent,

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Speaker 1: He's also going to testify Bill Taylor, George Kent, those

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Speaker 1: are the names on Wednesday. And then Yavanovitch, Marie Yavanovitch,

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Speaker 1: she's the former US ambassador to Ukraine. We've heard a

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Speaker 1: lot about Marie Yavanovitch. She's going to testify on Friday.

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Speaker 1: So look, I mean the names keep coming. I think

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Speaker 1: the Republicans are going to use this as an opportunity

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Speaker 1: to Biden Bash. I think the Democrats are going to

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Speaker 1: use it as an opportunity to to continue to Trump Bash. Yeah,

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Speaker 1: and I'm not sure much much change is coming up. Well, actually,

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Speaker 1: did you hear about well, let's play with shoe or set,

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Speaker 1: because then when it goes to the Senate, here's Senatement

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Speaker 1: already leader Chuck Humor, Democrat from New York. Here's Chuck

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Speaker 1: Shoumarticulos and what he said, if I am ready to

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Speaker 1: sit down with Leader McConnell and try to come up

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Speaker 1: with fair rules. There's no reason why we shouldn't be

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Speaker 1: able to do that. He's talking about the rules from

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Speaker 1: when I get to the Senate. Leader McConnell last week

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Speaker 1: got out in front of the sticks, as they're called,

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Speaker 1: Member that the sticks they're they're like the microphones about

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Speaker 1: the clock in the capital and the Ohio right now.

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Speaker 1: So the Ohio clocks, if you're in your car on

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Speaker 1: you're driving or you're listening to us outside of Washington,

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Speaker 1: the Ohio Clock in the Senate UH is this clock

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Speaker 1: that's a marker right outside of the Senate Chamber, and

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Speaker 1: it's like a spot for for journalists to huddle with

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Speaker 1: where there's mike, where there's a microphone that sometimes gets

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Speaker 1: set up for the lawmakers to give reporters. An't allowed

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Speaker 1: to just run around that capital with with microphones and cameras.

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Speaker 1: It's one of those allocated places. So at the Ohio

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Speaker 1: clocks last week, UH Leader mccon know, Dave gets out

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Speaker 1: and says he doesn't really think there's going to be

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Speaker 1: a removal and that was the signal. Right after Bill

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Speaker 1: Taylor's testimony gets released, and then Schumer's out there saying,

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Speaker 1: you know, today, all right, we're gonna get some rules.

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Speaker 1: But I don't know, McConnell arguably the most powerful person

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Speaker 1: in Congress right now. Yeah, there's there's this a little

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Speaker 1: thing called the U S constitutions can be a problem

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Speaker 1: for for the majority leader. Uh, And he's gonna he's

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Speaker 1: gonna have to at least go through the motions of

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Speaker 1: a trial. I don't think he wiggles his way out

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Speaker 1: of this one, no matter his extraordinary cynicism and his

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Speaker 1: approach to this. But look, here's here's what he also

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Speaker 1: said last week, which I thought was interesting. He he pointed,

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Speaker 1: I think he pointed to the Bill Clinton impeachment process

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Speaker 1: and that subsequent trial as a as a as an

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Speaker 1: example of the types of rules that might be adopted.

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Speaker 1: And that was a relatively quick uh proceeding. I think

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Speaker 1: the case the House made their case and maybe two

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Speaker 1: days and then the president's uh defense team had like

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Speaker 1: a day or something, So it was relatively quick. Um.

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Speaker 1: But you know, we also said, and this was sort

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Speaker 1: of a classic Mitch shakedown. He he he said he'd

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Speaker 1: sure hate for Democrats to be tied to the Senate

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Speaker 1: instead of being out on the campaign trail sort of signaling,

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Speaker 1: you know, a longer process might be politically inconvenient for Democrats,

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Speaker 1: which I think is again the height of cynicism. But

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Speaker 1: I actually think there's a there's an open question in

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Speaker 1: my mind for Senate Republicans, just assuming that we actually

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Speaker 1: get to you know, impeachment happens, um, whether there's a

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Speaker 1: strategy to actually play this out a bit longer so

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Speaker 1: that they have more time to make a better case

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Speaker 1: to the American people in terms of actually cutting through

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Speaker 1: the noise. If you accept the premise all this is

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Speaker 1: going to play, do they use this as a way

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Speaker 1: to sort of try to rebut some of these these

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Speaker 1: arguments that are and that's the big question. I mean,

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Speaker 1: Nancy Pelosie was so far against doing this because it

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Speaker 1: was pulling so badly and it was not it was

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Speaker 1: not helping, and it was it was um if remember

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Speaker 1: Nadler was the one and I was I was working

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Speaker 1: for did some work for kourl Lewandowski was the first

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Speaker 1: witness at that first hearing. I did some for him, yes,

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Speaker 1: UM for UM handling his media. So sat behind him

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Speaker 1: during that that hearing, and that was Nadler but I

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Speaker 1: mean you could not find Nancy Pelosi within five miles

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Speaker 1: of that hearing. That was just you know, the far left.

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Speaker 1: And now they're wanting to push that and that. Remember

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Speaker 1: that was just a month and a half ago, and

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Speaker 1: that was about now. I can't remember what they're impeaching

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Speaker 1: them about back then. So, I mean, this has happened,

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Speaker 1: this this Ukraine issue, it was about more report and

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Speaker 1: instruct central today say, I do remember, but I've purpose

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Speaker 1: the Ukraine came out of nowhere in the last few weeks,

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Speaker 1: and so and Pelosi, I mean, it is a legitimate

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Speaker 1: I agree. I will say I agree that this one

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Speaker 1: is actually somewhat legit. This is a legitimate issue to investigate.

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Speaker 1: I mean, did he did did the president withhold funds?

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Speaker 1: Was it a quid pro quote? That's that's a legitimate

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Speaker 1: issue to investigate if that happened. Um. That being said,

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Speaker 1: I don't know how this is going to play with

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Speaker 1: the public. And then we're gonna have to see how

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Speaker 1: far the Democrats want to take this in the Senate.

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Speaker 1: I we generally speaking, the public hates this. It's unstable

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Speaker 1: to the markets, it's unstable to their homes, it's unpleasant

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Speaker 1: people don't people like to be unified as Americans. We

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Speaker 1: did not like this so well as you know someone

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Speaker 1: who worked on Capitol Hill. Were you on Capitol in

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Speaker 1: the Clinton impeachment? Oh? No, I missed that. I was

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Speaker 1: like in high school. Jo. Coming up. We're gonna coming

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Speaker 1: up for the coming up from the download the Bloomberg

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Speaker 1: Sound Podcast on Apple iTunes at Bloomberg dot com. We're

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Speaker 1: by downloading the Bloomberg Business App. You can also find

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Speaker 1: us on Radio dot com. I aren't radio and Spotify.

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Speaker 1: Kevin's really never a dull moment. She's Washington course spawning

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Speaker 1: for Bloomberg Television and Radio. You're listening to Bloomberg. This

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Speaker 1: is Bloomberg Sound on with Kevin Surley on Bloomberg and

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Speaker 1: one oh five point seven f M h D two.

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Speaker 1: Whether it was the majority of minority, whether it was

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Speaker 1: the Republican president or a Republican House, Republican Senate, I

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Speaker 1: would have made the same decision. That's why I facted.

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Speaker 1: As I was thinking it all over, said under I

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Speaker 1: deal circumstances where I still leave in the ants with yes.

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Speaker 1: That was Congressman Peter King, the Republican Peter King of

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Speaker 1: New York. He's he's resigning. He's not really, he's not

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Speaker 1: running again. He's stepping down from Congress. Lots of Republicans

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Speaker 1: have decided they're not going to run again. I'm Kevin

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Speaker 1: cur really, Chief Washington corresponded for Bloomberg Television of Bloomberg Radio.

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Speaker 1: I'm still here, folks. Dave Brown, still here, folks, Democratic tragist,

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Speaker 1: Emily Miller, Republican strategist, still here, folks. Just for the record.

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Speaker 1: In the break, you were giving me a little grief

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Speaker 1: and saying that I wasn't born during the Clinton impeachment.

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Speaker 1: For the record, I was in kindergarten. Okay, that makes

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Speaker 1: it so much Wow, you're just like because you're sick

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Speaker 1: that you're just like there's teat you know how much

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Speaker 1: trouble you're going to get me. You got this sidefect

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Speaker 1: from behind the counter. This is just not this is

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Speaker 1: not okay. This this for the record. You're humorous and

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Speaker 1: i and boring and straight lace and buttoned up. News

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Speaker 1: been Dave Brown. Peter King's not running again for Congress.

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Speaker 1: What does this say? He's start fourteen terms? Did you

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Speaker 1: know that? Fourteen terms? And he's the twenty member of

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Speaker 1: his party from the House to plan at exit in Yeah.

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Speaker 1: So uh. Two comments have one sort of micro about

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Speaker 1: the district, one big picture micro Cook The Cook Report

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Speaker 1: still has King's District is lean Republican in twenties, so

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Speaker 1: open question whether Democrats are able to carry that seat

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Speaker 1: and sort of lift up along with with uh, you

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Speaker 1: know the presidents sort of the presidential race helping to

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Speaker 1: helping to get out the vote in that district. But

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Speaker 1: you know, big picture, this isn't good news for the

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Speaker 1: Republican Party at large because the more the more members

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Speaker 1: they have retiring, you lose the incumbency advantage the more

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Speaker 1: seats you actually have to defend. So when you're doing

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Speaker 1: the math and you're thinking about how many seats you

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Speaker 1: need to flip to take the majority back, uh, it's

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Speaker 1: just that much harder. And you know, for Democrats, we're

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Speaker 1: gonna run a strong candidate in this district and we're

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Speaker 1: gonna make Republicans. We're gonna make Republicans spend money to

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Speaker 1: defend that seat, and that is money otherwise would go.

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Speaker 1: I want Don Junior to run against Chelsea Clinton in

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Speaker 1: this district. Well, neither of them live there because they

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Speaker 1: live in fancy places. I know district too because I

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Speaker 1: worked for m Glasgow District. Um, it flips back and

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Speaker 1: forth blue and red. It's very moderate, but it's it's Um,

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Speaker 1: these are not This is not the Hampton's so neither

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Speaker 1: Don Junior North Chelsea Clinton would ever go there. But

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Speaker 1: I mean it is interesting. Peter King has been around,

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Speaker 1: as you said, has been around for a long time.

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Speaker 1: You said a different district. It's been redistricted. He Um.

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Speaker 1: He's a moderate Republican and he's one of the very

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Speaker 1: before you were born, when neither of you were born, right, yeah, exactly, exactly,

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Speaker 1: so um back in my day. Um, I'll tell you

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Speaker 1: kids one day about this. But there are these moderates

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Speaker 1: in the how Democrats and Republicans in the House representatives.

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Speaker 1: There are no more. I mean peeking peeking is a

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Speaker 1: bit of uh, we're on air. He says some crazy

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Speaker 1: stuff sometimes. He was very outspoken and that was really

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Speaker 1: that was really his his home mantra. I mean he was.

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Speaker 1: He was incredibly outspoken, take weird positions on things. I

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Speaker 1: want I want to read some some of my colleagues

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Speaker 1: reporting from the Bloomberg terminal. They report quote King joins

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Speaker 1: an exodus of Republican lawmakers from the House since Democrats

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Speaker 1: took control of the Chamber in the eighteen elections. So far,

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Speaker 1: the top Republicans on the Agriculture, Defense, and Natural Resources

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Speaker 1: committees have all announced retirements. Uh. And they go on

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Speaker 1: to say that many of those seats are in safe

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Speaker 1: conservative districts, but not all. And King's districts is both

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Speaker 1: of you have alluded to, is one of several that

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Speaker 1: has the potential keyword potential to flip. I'm struck by this.

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Speaker 1: I think King is that New York Republican that I

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Speaker 1: think many people perhaps when candidate Donald Trump was running

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Speaker 1: for office and tried to contrast himself with with people

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Speaker 1: like Senator Ted Cruiser Marko Vial, he tapped into that

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Speaker 1: outspoken republic Yeah. And and so it's been interesting to

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Speaker 1: see how that how Trump navigated that, but also how

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Speaker 1: Peter King has navigated that as well. He was one

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Speaker 1: of those rare folks on the issue of the state

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Speaker 1: and local tax deduction of the salt policy during the

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Speaker 1: tax reform bill who was really outspoken about how that

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Speaker 1: would impact many of these districts. Coming out, We're gonna

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Speaker 1: check in on US China trade policy Panels Stays, Dave Brown,

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Speaker 1: Emily Miller. Download Bloomberg Sound On podcast on Apple iTunes,

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Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business app.

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Speaker 1: You can also find us on Radio dot Com, I

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Speaker 1: Heart Radio, and Spotify. I'm Kevin CURRELLI, Chief Washington correspondent

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Speaker 1: for Bloomberg Television of Bloomberg Radio. You're listening to Bloomberg.

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Speaker 1: This is Bloomberg's Sound On with Kevin Surreley on Bloomberg

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Speaker 1: and one All five point seven f m HD two. Well,

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Speaker 1: we can never repay our warriors for their boundless service

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Speaker 1: and sacrifice. We must upholl with supreme vigilance, our sacred

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Speaker 1: obligation to care for those who have borne the battle.

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Speaker 1: That was President Trump speaking earlier today on Veterans Day,

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Speaker 1: hailing the legacy of the American Armed Forces and a

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Speaker 1: Veterans Day speech. This according to The Hill Newspaper, he

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Speaker 1: made the remarks at Madison Square Park in Manhattan, where

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Speaker 1: there was a Veterans Day parade. I'm Kevin Cirelli, Chief

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Speaker 1: Washington correspondent for Blueberg Television Bloomberg Radio. My guests with

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Speaker 1: me are Dave Brown, Democratic strategist Emily Miller, Republican strategist,

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Speaker 1: and President Trump's in New York. He's got a big

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Speaker 1: speech today with Veterans Day Emily. But tomorrow all eyes

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Speaker 1: are gonna be on him at the Economic Club of

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Speaker 1: New York, where he's speaking at a luncheon, and Wall

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Speaker 1: Streets awaiting. Wall Street is awaiting to see what he

427
00:22:43,800 --> 00:22:47,600
Speaker 1: has to say with regards to US China trade talks.

428
00:22:47,600 --> 00:22:49,760
Speaker 1: And there's a lot of anticipation about this. It's really

429
00:22:49,760 --> 00:22:52,159
Speaker 1: been one of the driving forces of the week in

430
00:22:52,280 --> 00:22:54,639
Speaker 1: terms of what economists are going to be looking out for.

431
00:22:54,760 --> 00:22:56,960
Speaker 1: We're just a couple of weeks away, mind you, from

432
00:22:56,960 --> 00:23:00,360
Speaker 1: when those tariffs, billions of dollars worth of tariffs are

433
00:23:00,359 --> 00:23:02,919
Speaker 1: set to go into effect on a host of different

434
00:23:03,200 --> 00:23:06,359
Speaker 1: Chinese goods come in December. Behind the scenes, I can

435
00:23:06,400 --> 00:23:09,720
Speaker 1: tell you, based upon my own reporting, that the administration

436
00:23:09,800 --> 00:23:12,760
Speaker 1: has been working with China so potentially take some of

437
00:23:12,760 --> 00:23:15,679
Speaker 1: those tariffs off the table. But tomorrow, a big speech

438
00:23:15,680 --> 00:23:17,959
Speaker 1: for President Trump as it relates to trade. I mean,

439
00:23:17,960 --> 00:23:20,160
Speaker 1: it's really interesting to see how it affects the markets.

440
00:23:20,160 --> 00:23:22,440
Speaker 1: I mean, this has been everybody thought this deal would

441
00:23:22,440 --> 00:23:25,639
Speaker 1: be struck by May I think, I mean inside the

442
00:23:25,880 --> 00:23:29,679
Speaker 1: inside the administration, and it's it's obviously become more complicated.

443
00:23:29,720 --> 00:23:33,600
Speaker 1: And then the president Mr. You know, you know, the dealmaker,

444
00:23:33,840 --> 00:23:36,879
Speaker 1: you know, like this is what he does. So I

445
00:23:36,880 --> 00:23:38,600
Speaker 1: thought he'd get the deal by September by putting all

446
00:23:38,600 --> 00:23:40,760
Speaker 1: those tariffs out there, and then had to push some back.

447
00:23:41,359 --> 00:23:46,240
Speaker 1: So again we have another deadline. Um and uh, I

448
00:23:46,280 --> 00:23:48,080
Speaker 1: mean this is just how slow. I mean, having work

449
00:23:48,119 --> 00:23:51,160
Speaker 1: to the State Department, I spent gazillions of hours and

450
00:23:51,440 --> 00:23:55,760
Speaker 1: really boring name Brown. I mean, how important is this

451
00:23:55,840 --> 00:23:59,120
Speaker 1: in terms of the terroiffs, especially as it inches closer

452
00:23:59,160 --> 00:24:01,199
Speaker 1: into the end of the calendar year. We're just a

453
00:24:01,200 --> 00:24:04,040
Speaker 1: couple of weeks away from their potentially being a government

454
00:24:04,080 --> 00:24:07,800
Speaker 1: shutdown even I mean the uncertainty, as we've reported on

455
00:24:07,840 --> 00:24:11,760
Speaker 1: this program, not much trader, not many traders, hardly any

456
00:24:11,800 --> 00:24:13,840
Speaker 1: are trading off of the impeachment inquiry or even some

457
00:24:13,920 --> 00:24:16,880
Speaker 1: of those testimonies or transcripts that are being coming out.

458
00:24:16,920 --> 00:24:19,880
Speaker 1: But the but the volatility really stemming from the trade

459
00:24:19,920 --> 00:24:24,160
Speaker 1: negotiations as well as from the potential of a shutdown. Yeah,

460
00:24:24,240 --> 00:24:26,520
Speaker 1: so December fifteenth, obviously is when the next struanch of

461
00:24:27,000 --> 00:24:28,919
Speaker 1: tarists go into effect. If they go into effect, and

462
00:24:28,920 --> 00:24:31,520
Speaker 1: they're they're on consumer goods. So I think you're right

463
00:24:31,560 --> 00:24:33,680
Speaker 1: to find that, Kevin, in terms of the proximity to

464
00:24:33,720 --> 00:24:35,879
Speaker 1: the Christmas holiday into the holiday season and what that

465
00:24:35,920 --> 00:24:39,359
Speaker 1: effect will be for for ordinary Americans who are going

466
00:24:39,400 --> 00:24:41,520
Speaker 1: about doing their holiday shopping. Right, They're actually gonna really

467
00:24:41,520 --> 00:24:43,200
Speaker 1: feel it in a way that maybe they haven't felt

468
00:24:43,240 --> 00:24:44,600
Speaker 1: it to date. So I think there's a click on

469
00:24:44,680 --> 00:24:47,920
Speaker 1: my Amazon right. But but but I mean I think

470
00:24:47,920 --> 00:24:49,800
Speaker 1: there's a there's a political reality to that, and there's

471
00:24:49,800 --> 00:24:52,040
Speaker 1: a market reality. And you know, I think the President

472
00:24:52,080 --> 00:24:54,360
Speaker 1: potentially has boxed himself in a bit if you look

473
00:24:54,400 --> 00:24:56,679
Speaker 1: at the comments he made last week and about a

474
00:24:56,720 --> 00:24:59,359
Speaker 1: potential deal and now sort of walking that back. You know,

475
00:24:59,400 --> 00:25:02,400
Speaker 1: the markets of trying to account for when they need

476
00:25:02,440 --> 00:25:04,400
Speaker 1: to take take him seriously and take the White House

477
00:25:04,400 --> 00:25:06,680
Speaker 1: seriously and anticipation of a deal versus not. And if

478
00:25:06,720 --> 00:25:09,520
Speaker 1: the markets sort of baked in that, yeah, this is

479
00:25:09,520 --> 00:25:10,840
Speaker 1: a this is a done thing, and I mean he's

480
00:25:10,920 --> 00:25:13,040
Speaker 1: rolling it back. That creates the kind of altility that

481
00:25:13,080 --> 00:25:15,160
Speaker 1: I think is problematic. And the politics just aren't great

482
00:25:15,480 --> 00:25:18,399
Speaker 1: attacks on the American people at Christmas time. Even beyond this,

483
00:25:18,920 --> 00:25:20,920
Speaker 1: I mean, he could go off prompter or this is

484
00:25:20,960 --> 00:25:25,479
Speaker 1: the thing the Wall Street crowd up at the Economic Club, right,

485
00:25:25,520 --> 00:25:27,840
Speaker 1: I mean, it's it's a very wet and he was

486
00:25:28,080 --> 00:25:30,440
Speaker 1: he was wet. He did not but this, but the

487
00:25:30,440 --> 00:25:34,240
Speaker 1: thing is, I mean here's someone who privately they're really

488
00:25:34,359 --> 00:25:38,640
Speaker 1: drumming up too. You know, watch this speech and especially

489
00:25:38,640 --> 00:25:41,000
Speaker 1: for for the economic circles that you know we're in,

490
00:25:41,359 --> 00:25:44,200
Speaker 1: and so he's he could he could go off on trade,

491
00:25:44,240 --> 00:25:46,120
Speaker 1: he could go off on the Fed chair, he could

492
00:25:46,160 --> 00:25:48,200
Speaker 1: go off on the Central Bank. I mean, there's so much.

493
00:25:48,440 --> 00:25:52,760
Speaker 1: Jared Sieberg, he wrote in a note, Uh, the quote

494
00:25:52,800 --> 00:25:54,879
Speaker 1: this speech will be fascinating him as we don't know

495
00:25:55,000 --> 00:25:57,040
Speaker 1: until he starts speaking if he will stick to prepare

496
00:25:57,080 --> 00:26:00,080
Speaker 1: remarks or making prompts to comments. The headline risk this

497
00:26:00,160 --> 00:26:03,040
Speaker 1: is with interesting headline risk on everything from the Federal

498
00:26:03,080 --> 00:26:07,000
Speaker 1: Reserve to trade to taxes. I mean, it's it's fascinating

499
00:26:07,040 --> 00:26:12,000
Speaker 1: just because of how again he is driving the conversation

500
00:26:12,240 --> 00:26:16,240
Speaker 1: with Wall Street. Will definitely be covering the President's remarks

501
00:26:16,280 --> 00:26:19,560
Speaker 1: tomorrow all day special coverage on Bloomberg Television and of

502
00:26:19,600 --> 00:26:22,159
Speaker 1: course on Bloomberg Radio. We'll be talking about the speech

503
00:26:22,320 --> 00:26:25,959
Speaker 1: tomorrow as well. Uh, and again it will be interesting

504
00:26:26,000 --> 00:26:27,879
Speaker 1: to see what kind of Tony strikes because if he

505
00:26:28,080 --> 00:26:31,639
Speaker 1: strikes a more calm tone or a more u n

506
00:26:31,760 --> 00:26:34,359
Speaker 1: type of tone where he's more by the book, clearly

507
00:26:34,400 --> 00:26:36,680
Speaker 1: he's sending a signal to President she that he wants

508
00:26:36,680 --> 00:26:38,399
Speaker 1: to get Phase one done by the end of the

509
00:26:38,440 --> 00:26:41,480
Speaker 1: calendar year year of the of the in terms of

510
00:26:41,480 --> 00:26:43,520
Speaker 1: the US China trade talks. But if he goes off

511
00:26:43,560 --> 00:26:47,600
Speaker 1: message or he starts attacking, I just I mean, the

512
00:26:47,600 --> 00:26:49,880
Speaker 1: President has been tweeting so NonStop. It's I know it's

513
00:26:49,880 --> 00:26:52,000
Speaker 1: hard to track. But the last night I just saw

514
00:26:52,000 --> 00:26:55,040
Speaker 1: this one. He tweeted that the Chinese from sixty minutes.

515
00:26:55,080 --> 00:26:57,760
Speaker 1: I guess he's watching sixty minutes the Chinese say about

516
00:26:57,760 --> 00:27:01,119
Speaker 1: Trump's war and tariffs. He brought us to the table.

517
00:27:01,560 --> 00:27:03,479
Speaker 1: This is the most prosperous economy in the world has

518
00:27:03,520 --> 00:27:05,880
Speaker 1: ever seen. It's going to be a very prosperous economy.

519
00:27:06,160 --> 00:27:08,560
Speaker 1: Thank your publican. Trump in the publican party, so they

520
00:27:08,680 --> 00:27:12,600
Speaker 1: made that's what They've been very warm and I would

521
00:27:12,640 --> 00:27:14,359
Speaker 1: totally agree. In terms of what's coming out of the

522
00:27:14,359 --> 00:27:17,200
Speaker 1: White House, from Nusian to Lightheiser and all the rest,

523
00:27:17,400 --> 00:27:20,680
Speaker 1: they have been striking a much more calm tone coming up.

524
00:27:20,680 --> 00:27:23,760
Speaker 1: What's on the Panel's Radar Watch all of the latest

525
00:27:23,760 --> 00:27:26,879
Speaker 1: polling data. Download the Bloomberg Sound On podcast on Apple iTunes,

526
00:27:26,880 --> 00:27:29,760
Speaker 1: at Bloomberg dot com, or by downloading the Bloomberg Business App.

527
00:27:29,760 --> 00:27:32,240
Speaker 1: You can also find us on Radio dot Com, I

528
00:27:32,359 --> 00:27:36,240
Speaker 1: Heart Radio, and Spotify. I'm Kevin Cirelli, Chief Washington correspondent

529
00:27:36,280 --> 00:27:38,880
Speaker 1: for Bloomberg Television and Bloomberg Radio. You're listening to Bloomberg

530
00:27:38,880 --> 00:27:46,440
Speaker 1: and nine one m. This is Bloomberg Sound On with

531
00:27:46,520 --> 00:27:50,960
Speaker 1: Kevin Surley on Bloomberg and one or five point seven

532
00:27:51,240 --> 00:27:56,320
Speaker 1: m h D two. I'm Kevin Cirelli, Chief Washington correspondent

533
00:27:56,320 --> 00:27:59,760
Speaker 1: from Bloomberg Television and Bloomberg Radio. It's time now for

534
00:28:00,000 --> 00:28:03,399
Speaker 1: one of my favorite segments of the day of the show.

535
00:28:03,480 --> 00:28:06,320
Speaker 1: Of the day of the show, What's on the Panel's Radar.

536
00:28:06,400 --> 00:28:10,920
Speaker 1: Dave Brown's here, Democratic strategist, former adviser to Senator Patty Murray.

537
00:28:11,000 --> 00:28:14,120
Speaker 1: Emily Miller is also here, a Republican strategist, former State

538
00:28:14,160 --> 00:28:19,240
Speaker 1: Department Deputy Press Secretary. Alright, Dave, I will start with you.

539
00:28:19,800 --> 00:28:23,840
Speaker 1: What is on your radar? Joe Biden? Really? Yes? Why?

540
00:28:24,359 --> 00:28:27,719
Speaker 1: Because the the Quinnipiac. I can never say that work.

541
00:28:27,880 --> 00:28:29,239
Speaker 1: It's a fun way. It rolls right off the time.

542
00:28:29,359 --> 00:28:34,320
Speaker 1: Dave quin not to be confused with ras Mussin. This

543
00:28:34,359 --> 00:28:36,159
Speaker 1: is why you're the you're the journalist, you're the pro

544
00:28:36,240 --> 00:28:38,280
Speaker 1: on that one. Um. But the poll that came out today,

545
00:28:38,280 --> 00:28:44,080
Speaker 1: the Quinnipiac pulled today. Sorry, Biden is in New Hampshire,

546
00:28:44,640 --> 00:28:49,840
Speaker 1: warns at Pizza at fifteen and Sanders is at fourteen. Yeah. Well,

547
00:28:49,840 --> 00:28:52,840
Speaker 1: and she's still leading real clear politics has her head

548
00:28:52,880 --> 00:28:55,840
Speaker 1: in Iowa, although pizza and striking distance. And so here's

549
00:28:55,840 --> 00:28:57,640
Speaker 1: why I think this is interesting for Biden, Kevin, if

550
00:28:57,640 --> 00:29:00,800
Speaker 1: you wins New Hampshire game set match, right, will that's

551
00:29:00,880 --> 00:29:02,800
Speaker 1: the argument. So it goes the argument right because he's

552
00:29:02,800 --> 00:29:06,360
Speaker 1: still ahead across the average nationally. But those are kind

553
00:29:06,400 --> 00:29:08,680
Speaker 1: of those polls are a field, don't really matter, right,

554
00:29:08,880 --> 00:29:11,560
Speaker 1: So if he doesn't win New Hampshire or even worse

555
00:29:11,880 --> 00:29:16,160
Speaker 1: like just performs below expectations and his firewall collapses in

556
00:29:16,200 --> 00:29:19,920
Speaker 1: South Carolina with African American voters, what happens to Nevada?

557
00:29:20,000 --> 00:29:22,000
Speaker 1: That's really the last Standford Biden. And when you look

558
00:29:22,040 --> 00:29:25,280
Speaker 1: at the money he's raising or not raising, I just

559
00:29:25,320 --> 00:29:26,920
Speaker 1: think this is this is a do or die moment

560
00:29:26,960 --> 00:29:28,920
Speaker 1: for the former vice president, a good poll for him.

561
00:29:29,080 --> 00:29:31,400
Speaker 1: It's it's a good point, is it? I mean, is

562
00:29:31,440 --> 00:29:33,720
Speaker 1: it though? He's the former vice president United States and

563
00:29:34,440 --> 00:29:38,560
Speaker 1: the war is just like it's almost like you were

564
00:29:38,600 --> 00:29:40,800
Speaker 1: hitting high notes there, Dave. Wait, so wait, doing my

565
00:29:40,800 --> 00:29:43,760
Speaker 1: best to be like you, Kevin, So you think you

566
00:29:43,840 --> 00:29:46,040
Speaker 1: think that you think this is a bad poll because

567
00:29:46,080 --> 00:29:47,840
Speaker 1: it's closer, and you think that Warren, what do you

568
00:29:47,840 --> 00:29:49,479
Speaker 1: see in this? Help us? I don't want to put

569
00:29:49,560 --> 00:29:51,560
Speaker 1: I think I think Warren is is the defensive front

570
00:29:51,600 --> 00:29:54,840
Speaker 1: runner right now, and I think that the vice president

571
00:29:54,840 --> 00:29:56,400
Speaker 1: is playing catch up. I think he's playing catch up.

572
00:29:56,760 --> 00:29:58,160
Speaker 1: You think he's playing catch up? What do you think

573
00:29:58,160 --> 00:30:00,680
Speaker 1: of that? I mean, to his point, it's to Dave's

574
00:30:00,720 --> 00:30:02,400
Speaker 1: point in terms of good news bad news for this

575
00:30:02,400 --> 00:30:05,240
Speaker 1: new Quinnipiac poll that has Biden in a dead heat

576
00:30:05,280 --> 00:30:08,520
Speaker 1: with Elizabeth more sixteen percent on Buddha Jet coming on

577
00:30:08,560 --> 00:30:11,720
Speaker 1: strong with I will never say his name out loud

578
00:30:11,880 --> 00:30:15,000
Speaker 1: is way too difficult. It's of course in Quinipac, Quinnipiac

579
00:30:15,080 --> 00:30:18,840
Speaker 1: or whatever. Um. I think I mean, Donald Trump is like,

580
00:30:19,160 --> 00:30:21,480
Speaker 1: bring on Elizabeth Warren, I mean Donald Trump less with

581
00:30:21,520 --> 00:30:25,120
Speaker 1: Warren is like would be a total re election. Objectively,

582
00:30:25,640 --> 00:30:27,520
Speaker 1: its me a little bit harder because they have they

583
00:30:27,560 --> 00:30:30,080
Speaker 1: overlap in a lot of those rustbelt states in the

584
00:30:30,080 --> 00:30:32,680
Speaker 1: moderate It would be a true populist election if it

585
00:30:32,720 --> 00:30:36,880
Speaker 1: was Elizabeth Warren versus President Trump for re election. I mean,

586
00:30:36,920 --> 00:30:40,080
Speaker 1: it would just really show how a decade plus out

587
00:30:40,120 --> 00:30:43,920
Speaker 1: after the two thousand and eight financial collapse, the populism,

588
00:30:44,000 --> 00:30:47,960
Speaker 1: the streak of politics is really captured, not just the imagination,

589
00:30:48,000 --> 00:30:52,120
Speaker 1: but the attention and the ideology and the the conversations

590
00:30:52,120 --> 00:30:56,440
Speaker 1: around dinner tables all throughout this country and a generation

591
00:30:56,800 --> 00:31:00,680
Speaker 1: that has grown up in the aftermath of the economic collapse.

592
00:31:00,720 --> 00:31:04,440
Speaker 1: That is a very fascinating pole. I'm struck by Buddha Jedge.

593
00:31:04,440 --> 00:31:08,200
Speaker 1: I think that he's still is continuing to gain grounds

594
00:31:09,520 --> 00:31:14,960
Speaker 1: and I but when you're seeing Senator Amy Klobuchar, the

595
00:31:15,240 --> 00:31:17,840
Speaker 1: knives getting sharp. I gave these cliches that we all used,

596
00:31:18,320 --> 00:31:20,960
Speaker 1: I got it. But she's drawing the contrast even more

597
00:31:20,960 --> 00:31:24,000
Speaker 1: aggressively against Buddha Jedge, saying that she said this over

598
00:31:24,040 --> 00:31:26,040
Speaker 1: the weekend. I believe she said if she if Buddha

599
00:31:26,080 --> 00:31:28,840
Speaker 1: Judge was a woman, that there there would be a

600
00:31:28,840 --> 00:31:31,720
Speaker 1: different standard and he wouldn't be able to run because

601
00:31:31,760 --> 00:31:34,680
Speaker 1: of a lack of experience. Yeah, and and she said that,

602
00:31:34,800 --> 00:31:36,400
Speaker 1: and there was that hit piece. I thought it was

603
00:31:36,440 --> 00:31:38,040
Speaker 1: a hit piece in the New York Times this weekend

604
00:31:38,280 --> 00:31:40,440
Speaker 1: as something. Headline was like why the rest of the

605
00:31:40,440 --> 00:31:42,920
Speaker 1: field doesn't like Mayor Pete And it kind of goes

606
00:31:42,960 --> 00:31:44,640
Speaker 1: to the same point Kevin, which is, you know, Senah

607
00:31:44,640 --> 00:31:47,240
Speaker 1: Clobachar is calling double standard colona feal there, and then

608
00:31:47,400 --> 00:31:49,240
Speaker 1: everybody else is saying, well, he's a mayor of a

609
00:31:49,280 --> 00:31:52,280
Speaker 1: of a small town. You know. Uh. Former Secretary Castro

610
00:31:52,520 --> 00:31:55,520
Speaker 1: has made this point, he's what are his real credentials? Um,

611
00:31:56,280 --> 00:32:00,440
Speaker 1: I think that misses the broader, compelling case for his candidacy,

612
00:32:00,440 --> 00:32:02,560
Speaker 1: which is he is, I think a generational candidate in

613
00:32:02,560 --> 00:32:04,800
Speaker 1: the sense he's the first millennial other than Tulsa Gabber.

614
00:32:04,880 --> 00:32:07,560
Speaker 1: But he's a credible candidate. He is a veteran, he

615
00:32:07,680 --> 00:32:10,600
Speaker 1: is openly gay, and that is incredibly significant too. But

616
00:32:10,640 --> 00:32:13,200
Speaker 1: he's also bringing a vision to the table where he

617
00:32:13,320 --> 00:32:16,240
Speaker 1: is he is calling for generational change, but he's also

618
00:32:16,280 --> 00:32:19,440
Speaker 1: not apologetic that he's I don't know what, oh see,

619
00:32:19,440 --> 00:32:21,080
Speaker 1: I disagree with you man, look at what he's doing

620
00:32:21,120 --> 00:32:24,360
Speaker 1: with medicare for all or not. Wait wait, wait, it's

621
00:32:24,360 --> 00:32:27,720
Speaker 1: not disagreement. I think when you look at the front runners,

622
00:32:27,880 --> 00:32:31,280
Speaker 1: I think Warren and Sanders, you might agree or disagree

623
00:32:31,320 --> 00:32:34,239
Speaker 1: with their ideas, but similarly, you know what their ideas are.

624
00:32:34,240 --> 00:32:36,240
Speaker 1: When Trump was running for office, you knew he wanted

625
00:32:36,240 --> 00:32:38,640
Speaker 1: to build a wall. But but I'm serious, I mean

626
00:32:38,680 --> 00:32:40,960
Speaker 1: they had and that was like a thing. I think

627
00:32:41,000 --> 00:32:44,400
Speaker 1: Buddha Jedge doesn't. There's still time, but I don't know.

628
00:32:44,480 --> 00:32:47,960
Speaker 1: He's more personality personality. It's a value. It's look, I

629
00:32:47,960 --> 00:32:53,240
Speaker 1: mean what exactly, because I mean, you're you're a campaign person,

630
00:32:53,280 --> 00:32:54,840
Speaker 1: you know, like what is it? You're either like you're

631
00:32:54,840 --> 00:32:57,480
Speaker 1: an issues person or you're like a values driven candidate,

632
00:32:57,560 --> 00:33:00,080
Speaker 1: right like and like last year I did, I was

633
00:33:00,120 --> 00:33:03,280
Speaker 1: in Texas all doing Ted cruizes Senate campaign, Ted cruizes

634
00:33:03,400 --> 00:33:05,880
Speaker 1: Mr Policy Man. Yes you know, I mean goodness knows.

635
00:33:05,880 --> 00:33:08,000
Speaker 1: He hit me list to carry around with thirty three

636
00:33:08,040 --> 00:33:12,280
Speaker 1: bills that he passed, just the bill may numbers didn't

637
00:33:12,280 --> 00:33:14,240
Speaker 1: even have the names on it. And then he's running

638
00:33:14,240 --> 00:33:16,640
Speaker 1: about his beader work. Who goes what a burger skateboarding?

639
00:33:16,960 --> 00:33:19,080
Speaker 1: And we only win by two point six percent. I

640
00:33:19,120 --> 00:33:23,959
Speaker 1: mean it's a I mean character personality. I mean the

641
00:33:24,000 --> 00:33:27,400
Speaker 1: people vote Antica. He reminds me of Barack Obama. You

642
00:33:27,440 --> 00:33:33,120
Speaker 1: can realize with that, but I mean there's Obama. For

643
00:33:33,120 --> 00:33:35,680
Speaker 1: the record, I didn't roll mask. I think what I'm

644
00:33:35,720 --> 00:33:39,400
Speaker 1: trying to decipher as a reporter is what would a

645
00:33:39,400 --> 00:33:42,280
Speaker 1: Buddha jenda agenda look like? Is it clearly would be

646
00:33:42,280 --> 00:33:45,120
Speaker 1: more centrist on Elizabeth warrener Bernie Sanders. I do think

647
00:33:45,160 --> 00:33:49,000
Speaker 1: there's still time, but I'm curious to see what are

648
00:33:49,240 --> 00:33:53,320
Speaker 1: his specific ideas because right now, from a policy standpoint,

649
00:33:53,400 --> 00:33:57,200
Speaker 1: he is reacting his his candidacy on a policy standpoint

650
00:33:57,200 --> 00:34:00,760
Speaker 1: has been reactionary to the contrast he's trying to draw

651
00:34:00,840 --> 00:34:03,640
Speaker 1: with Elizabeth Warren that well, this Medicare plan is this

652
00:34:03,760 --> 00:34:06,040
Speaker 1: or this is this, And I'm curious to see what

653
00:34:06,040 --> 00:34:09,080
Speaker 1: would specifically his plans be you should have you should

654
00:34:09,120 --> 00:34:10,640
Speaker 1: have on the circuits. I mean, look like the Douglas

655
00:34:10,719 --> 00:34:13,040
Speaker 1: Plan that he rolled out is specifically focused on what

656
00:34:13,080 --> 00:34:15,040
Speaker 1: he would do for the African American community this country.

657
00:34:15,320 --> 00:34:17,799
Speaker 1: The Veterans Plan that he rolled out today lays out

658
00:34:17,840 --> 00:34:20,960
Speaker 1: an incredibly robust and I think pretty compelling agenda actually

659
00:34:20,960 --> 00:34:22,759
Speaker 1: touching on a lot of the issues that we talked

660
00:34:22,760 --> 00:34:24,359
Speaker 1: about at the top of the show, Kevin in terms

661
00:34:24,400 --> 00:34:28,520
Speaker 1: of UH claims and backlog and healthcare, etcetera. In the hospital,

662
00:34:28,640 --> 00:34:31,160
Speaker 1: fixing the hospital. So you know, he's definitely rolling out

663
00:34:31,160 --> 00:34:32,960
Speaker 1: a lot of paper and a lot of a lot

664
00:34:33,000 --> 00:34:35,520
Speaker 1: of policies. But are you ridiculous to me? By the way, well,

665
00:34:35,600 --> 00:34:37,319
Speaker 1: not to interrupt you, but I will interrupt. It's so

666
00:34:37,400 --> 00:34:39,960
Speaker 1: ridiculous myself that these are you know what on this issue.

667
00:34:40,000 --> 00:34:42,600
Speaker 1: It is much that the Republicans and that's not about me.

668
00:34:42,840 --> 00:34:46,239
Speaker 1: The Republicans and Democrats can't get together and fix the

669
00:34:46,360 --> 00:34:52,279
Speaker 1: v A. It's it's so outrageous, it is so egregious.

670
00:34:52,360 --> 00:34:58,680
Speaker 1: It's so quite frankly to me that that this whole

671
00:34:59,200 --> 00:35:04,799
Speaker 1: journalism did. Media covered the media, media exposed lot. There's

672
00:35:04,840 --> 00:35:08,320
Speaker 1: a very popular issue, and then it became an unpopular issue,

673
00:35:08,760 --> 00:35:13,719
Speaker 1: but nothing changed. I was outraged today when I saw

674
00:35:13,800 --> 00:35:17,759
Speaker 1: that UVA. You told me I'm not only to say

675
00:35:17,800 --> 00:35:22,520
Speaker 1: a certain word, okay from candidate, So how to defaulted outrage?

676
00:35:22,520 --> 00:35:24,680
Speaker 1: I'm not really outraged. I'm just annoyed. It's more of

677
00:35:24,719 --> 00:35:28,440
Speaker 1: a hashtag. I roll um the uv A, the University

678
00:35:28,440 --> 00:35:33,320
Speaker 1: of Virginia canceled their annual annual twenty one gun salute

679
00:35:33,320 --> 00:35:36,600
Speaker 1: for veterans because um and I was just looking at

680
00:35:36,600 --> 00:35:41,000
Speaker 1: the president of of u of UVA. What's Jim Ryan

681
00:35:41,280 --> 00:35:43,160
Speaker 1: post this thing on Facebook? You go look at it

682
00:35:43,719 --> 00:35:47,080
Speaker 1: about that it would just in light grounds, in light

683
00:35:47,160 --> 00:35:50,720
Speaker 1: of gun violence that has happened across our nation, especially

684
00:35:50,760 --> 00:35:54,239
Speaker 1: in schools, university campuses. What in the world was a

685
00:35:54,320 --> 00:35:56,359
Speaker 1: twenty one gun salute which we do all the time

686
00:35:56,360 --> 00:35:59,759
Speaker 1: at Arlington Cemetery, which UVA has a long history in

687
00:35:59,800 --> 00:36:04,279
Speaker 1: this country Thomas Jefferson had built. It have to do

688
00:36:04,440 --> 00:36:07,799
Speaker 1: with gun violence? Zero nothing. And the statement from uv

689
00:36:07,880 --> 00:36:12,080
Speaker 1: A President Jim Ryan, who has canceled, canceled or they

690
00:36:12,080 --> 00:36:16,400
Speaker 1: haven't canceled, they've changed part of their annual one. The

691
00:36:16,440 --> 00:36:18,520
Speaker 1: guns are gone, They're still going to honor the veterans.

692
00:36:18,520 --> 00:36:23,640
Speaker 1: I just want to write them. Here's the statement. Quote

693
00:36:24,080 --> 00:36:27,400
Speaker 1: it would be disrupted to classes and to Unfortunately, with

694
00:36:27,480 --> 00:36:30,200
Speaker 1: gun violence in the United States, there was some concern

695
00:36:30,280 --> 00:36:33,160
Speaker 1: that we would cause a panic if someone heard gunshots

696
00:36:33,200 --> 00:36:37,279
Speaker 1: on ground. End quote. Dave, what you heard what I

697
00:36:37,440 --> 00:36:38,880
Speaker 1: had to say about this? What do you what do

698
00:36:38,960 --> 00:36:43,120
Speaker 1: you think? Of that. I mean, look, if if our

699
00:36:43,160 --> 00:36:46,319
Speaker 1: focus on honoring veterans is whether or not there's a

700
00:36:46,320 --> 00:36:48,359
Speaker 1: twenty one gun salute, then we're missing the entire point

701
00:36:48,400 --> 00:36:50,279
Speaker 1: of the day and the holiday and the fact that

702
00:36:50,719 --> 00:36:54,080
Speaker 1: there is a agenda is an agenda. There is an

703
00:36:54,120 --> 00:36:56,880
Speaker 1: agenda that should be focused in prioritizing this town for

704
00:36:56,920 --> 00:36:59,480
Speaker 1: the other three sixty four days, which which it's not

705
00:36:59,760 --> 00:37:02,840
Speaker 1: in the way that I care about. So I actually,

706
00:37:03,360 --> 00:37:05,560
Speaker 1: I mean, I don't really care about the twenty one gun,

707
00:37:05,600 --> 00:37:08,000
Speaker 1: so I care about whether or not. Again, we're from

708
00:37:09,880 --> 00:37:11,839
Speaker 1: and honestly, if it's triggering Republicans on Twitter, it's kind

709
00:37:11,840 --> 00:37:13,920
Speaker 1: of funny. Okay, it's not trigger posed, but it's triggering

710
00:37:14,600 --> 00:37:16,560
Speaker 1: the veterans who went to uv A. So there are

711
00:37:16,600 --> 00:37:18,719
Speaker 1: all the reason this. He put out this statement after

712
00:37:18,760 --> 00:37:21,200
Speaker 1: the fact and said, I'm getting all this response from

713
00:37:21,200 --> 00:37:25,080
Speaker 1: our lums who are veterans because this is so ridiculous

714
00:37:25,680 --> 00:37:29,200
Speaker 1: and there's no gun violence, so this is nothing with anything,

715
00:37:29,280 --> 00:37:31,920
Speaker 1: and it's just very snowflaky. I don't know if that's

716
00:37:31,920 --> 00:37:34,719
Speaker 1: the word yet. And the point is is that this

717
00:37:34,840 --> 00:37:36,800
Speaker 1: is nothing to do with the veterans, but the veterans

718
00:37:36,840 --> 00:37:40,800
Speaker 1: are angry about it, and because it's taking a twenty

719
00:37:40,800 --> 00:37:43,720
Speaker 1: one gun salute, which is an honor, a military honor,

720
00:37:43,880 --> 00:37:48,160
Speaker 1: and making it into this liberal cultural cultural war. It's

721
00:37:48,160 --> 00:37:50,960
Speaker 1: all right, what's on my radar? You guys know, I'm

722
00:37:50,960 --> 00:37:52,480
Speaker 1: a space learn and I want to go to outer

723
00:37:52,520 --> 00:37:55,360
Speaker 1: space and do a live shot from outer space. Anthony

724
00:37:55,400 --> 00:37:58,080
Speaker 1: Capaccio is my colleague here at Bloomberg and he has

725
00:37:58,120 --> 00:38:00,000
Speaker 1: the story up on the Bloomberg terminal that says space

726
00:38:00,040 --> 00:38:04,480
Speaker 1: smore threats from China, Russia getting new US assessment. The U. S.

727
00:38:04,520 --> 00:38:09,080
Speaker 1: Intelligence community is updating its assessment of space warfare capabilities

728
00:38:09,400 --> 00:38:13,760
Speaker 1: of Russia and China as military commanders express concerns about

729
00:38:13,800 --> 00:38:18,080
Speaker 1: advances in the adversaries ability to jam, ram or destroy

730
00:38:18,160 --> 00:38:22,319
Speaker 1: satellites in orbit. Air Force General John Heighten requested that

731
00:38:22,360 --> 00:38:26,000
Speaker 1: the national Intelligence estimate before he left his prior command

732
00:38:26,040 --> 00:38:28,799
Speaker 1: at the US Strategic Command. But they're looking into this

733
00:38:29,120 --> 00:38:31,279
Speaker 1: and the new U. S. Space Command will use the

734
00:38:31,400 --> 00:38:36,680
Speaker 1: updated Intel estimate alongside some of their current infrastructure. So

735
00:38:36,719 --> 00:38:40,200
Speaker 1: they're looking at space wars, not and not in like

736
00:38:40,239 --> 00:38:42,680
Speaker 1: the traditional star wars way, but in terms of taking

737
00:38:42,680 --> 00:38:45,600
Speaker 1: out satellites, in terms of taking out a lot of

738
00:38:46,400 --> 00:38:51,440
Speaker 1: auto or I'm sorry artificially intelligence um computer systems. But

739
00:38:51,480 --> 00:38:53,759
Speaker 1: I want to thank Dave Brown, I want to thank

740
00:38:53,800 --> 00:38:56,680
Speaker 1: Emily Miller. I also, more importantly, want to thank all

741
00:38:56,719 --> 00:38:59,080
Speaker 1: of our veterans, their family members, and all of the

742
00:38:59,120 --> 00:39:03,759
Speaker 1: sacrifices that they have made for this incredibly awesome country

743
00:39:03,840 --> 00:39:06,480
Speaker 1: that we are so privileged to call home. I'm Kevin Cirilli,

744
00:39:06,560 --> 00:39:09,920
Speaker 1: Chief Washington corresponded from Bloomberg Television Radio, and you're listening

745
00:39:09,920 --> 00:39:13,719
Speaker 1: to Bloomberg nine one. Yeah,