1 00:00:00,480 --> 00:00:03,280 Speaker 1: Live from our Nations. This budget thing is going to 2 00:00:03,360 --> 00:00:06,120 Speaker 1: do nothing. Space Forts. I still think it's interesting President 3 00:00:06,120 --> 00:00:09,799 Speaker 1: Trump not playing his cards yet. Headlines Policy and politics 4 00:00:09,840 --> 00:00:15,120 Speaker 1: colliding Floomberg Sound on, the Insiders, the influencers, the insides. 5 00:00:15,240 --> 00:00:17,520 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,520 --> 00:00:20,680 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,680 --> 00:00:23,480 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,680 --> 00:00:26,239 Speaker 1: Team Trump. The president has to do exactly what people 9 00:00:26,239 --> 00:00:28,000 Speaker 1: send him here to do, which is to get it done. 10 00:00:28,400 --> 00:00:32,960 Speaker 1: This is Bloomberg Sound On with Heaven's Shirling on Bloomberg 11 00:00:33,520 --> 00:00:35,880 Speaker 1: nine one and one oh five points of f M 12 00:00:36,000 --> 00:00:39,680 Speaker 1: h D two. We are now just a few hours 13 00:00:39,720 --> 00:00:44,320 Speaker 1: away from the historic impeachment vote where President Trump will 14 00:00:44,360 --> 00:00:48,560 Speaker 1: likely become the third president in history to be impeached 15 00:00:48,640 --> 00:00:51,680 Speaker 1: by the House of Representatives. Will bring you all of 16 00:00:51,720 --> 00:00:54,800 Speaker 1: the latest live on Capitol Hill, where we are broadcasting 17 00:00:54,800 --> 00:00:58,560 Speaker 1: a special program this evening live from the House of 18 00:00:58,560 --> 00:01:02,800 Speaker 1: Representatives the Cannon Office Building, where all of the reporters 19 00:01:02,800 --> 00:01:06,479 Speaker 1: are gathered covering the impeachment proceedings. We've got a panel 20 00:01:07,080 --> 00:01:10,600 Speaker 1: of all stars, Tyler Deepness here, Kevin Walling is here 21 00:01:10,640 --> 00:01:13,160 Speaker 1: as well, we'll bring you the latest on what Speaker 22 00:01:13,160 --> 00:01:16,600 Speaker 1: Pelosi is saying, what Leader McConnell is saying, and a 23 00:01:16,600 --> 00:01:20,119 Speaker 1: preview of President Trump's remarks as he heads to Michigan 24 00:01:20,240 --> 00:01:24,199 Speaker 1: to hit the campaign trail tonight, virtually in lock step 25 00:01:24,640 --> 00:01:28,160 Speaker 1: in real time, as the House votes to impeach him, 26 00:01:28,160 --> 00:01:31,720 Speaker 1: President Trump will hold a campaign rally. We'll give you 27 00:01:31,760 --> 00:01:34,479 Speaker 1: a preview of that as well. But first, let's get 28 00:01:34,480 --> 00:01:36,440 Speaker 1: a check in the headlines. From Martin to Carrol Martin, 29 00:01:37,080 --> 00:01:39,800 Speaker 1: Let's write Kevin. Soon, the full House is expected to 30 00:01:39,880 --> 00:01:42,840 Speaker 1: wrap up debate and vote two articles of impeachment accused 31 00:01:42,880 --> 00:01:46,840 Speaker 1: President Trump of abusing his power and obstructing Congress's investigation 32 00:01:47,400 --> 00:01:51,120 Speaker 1: centering on his conduct in the Ukraine affair. The Democratic 33 00:01:51,160 --> 00:01:54,320 Speaker 1: majority is expected to carry the day, making Trump only 34 00:01:54,360 --> 00:01:57,200 Speaker 1: the third president in American history to be impeached. To 35 00:01:57,280 --> 00:02:00,200 Speaker 1: make the case against the President, Speaker Nancy Pello. She 36 00:02:00,400 --> 00:02:03,000 Speaker 1: charged that he used the power of his public office 37 00:02:03,200 --> 00:02:06,560 Speaker 1: to obtain an improper personal political benefit. It is a 38 00:02:06,600 --> 00:02:09,639 Speaker 1: matter of fact that the president is an ongoing threat 39 00:02:09,760 --> 00:02:13,239 Speaker 1: to our national security and the integrity of our elections, 40 00:02:13,400 --> 00:02:16,600 Speaker 1: the basis of our democracy. It is tragic that the 41 00:02:16,639 --> 00:02:22,360 Speaker 1: President's reckless actions make impeachment necessary. He gave us no choice. 42 00:02:22,680 --> 00:02:25,960 Speaker 1: Republicans asserted President Trump did not pressure the President of 43 00:02:26,080 --> 00:02:29,120 Speaker 1: Ukraine to help him with re election, and Democrats aimed 44 00:02:29,160 --> 00:02:32,320 Speaker 1: at impeachment from the very first day of his administration. 45 00:02:32,680 --> 00:02:35,640 Speaker 1: On Capitol Hill or Chapman Bloomberg Radio, the House is 46 00:02:35,639 --> 00:02:38,520 Speaker 1: set to vote tomorrow final approval for the new North 47 00:02:38,560 --> 00:02:41,920 Speaker 1: American Free Trade Pact, known as U S m c A. 48 00:02:41,880 --> 00:02:43,960 Speaker 1: A vote in the Senate may not happen until after 49 00:02:44,000 --> 00:02:48,240 Speaker 1: an impeachment trial ends. Ohio Republican Senator Rob Portman tells 50 00:02:48,240 --> 00:02:51,720 Speaker 1: Bloomberg the updates to the outdated parts of NAFTA too 51 00:02:51,760 --> 00:02:54,799 Speaker 1: important to be undercut by any impeachment bitterness. It has 52 00:02:54,919 --> 00:02:58,360 Speaker 1: new digital protection, so the digital economy wasn't around twenty 53 00:02:58,360 --> 00:03:00,880 Speaker 1: five years ago, and so there's no send the correct 54 00:03:01,440 --> 00:03:05,200 Speaker 1: NAFTA accord. President Trump considers replacing NAFTA one of his 55 00:03:05,280 --> 00:03:09,560 Speaker 1: top priorities ahead of the election. Americans would be able 56 00:03:09,600 --> 00:03:13,280 Speaker 1: to buy cheaper prescription drugs imported from Canada under an 57 00:03:13,280 --> 00:03:17,280 Speaker 1: administration proposal announced today by Health and Human Services Secretary 58 00:03:17,320 --> 00:03:21,240 Speaker 1: Alex Aser. This would potentially allow for the sale of 59 00:03:21,280 --> 00:03:25,280 Speaker 1: these drugs at lower list prices than currently offered to 60 00:03:25,400 --> 00:03:29,440 Speaker 1: American consumers. A second draft plan would let pharmaceutical companies 61 00:03:29,440 --> 00:03:32,960 Speaker 1: seek approval to import their own drugs from any country. 62 00:03:33,040 --> 00:03:37,920 Speaker 1: In Senate testimony today, the Justice Department's internal watchdog, Michael Harrowich, 63 00:03:37,920 --> 00:03:41,360 Speaker 1: pledged the first ever deep dive to determine the extent 64 00:03:41,480 --> 00:03:44,360 Speaker 1: of abuses of the secret court known as FISA, that 65 00:03:44,400 --> 00:03:48,440 Speaker 1: approves wire taps of suspected terrorists and national security threats. 66 00:03:48,880 --> 00:03:52,440 Speaker 1: Attorney General William Barr announced a new law enforcement effort 67 00:03:52,440 --> 00:03:56,440 Speaker 1: to combat violent crime in seven cities Detroit, Memphis, Baltimore, 68 00:03:56,520 --> 00:04:00,440 Speaker 1: Kansas City, Cleveland, Milwaukee, Albuquerque because of their high violent 69 00:04:00,480 --> 00:04:04,720 Speaker 1: crime rates, were quoting it operation Relentless Pursuit UH and 70 00:04:04,760 --> 00:04:07,840 Speaker 1: it's a two pronged attack on on violent cross. Speaking 71 00:04:07,880 --> 00:04:11,240 Speaker 1: in Detroit, Bar said more federal law enforcement officers and 72 00:04:11,360 --> 00:04:14,720 Speaker 1: funding will be sent to those partner cities. Former Trump 73 00:04:14,760 --> 00:04:18,080 Speaker 1: campaign manager Paul Manafort, serving seven and a half years 74 00:04:18,080 --> 00:04:21,560 Speaker 1: from multiple felony convictions, won't have to face state charges 75 00:04:21,600 --> 00:04:24,800 Speaker 1: in New York. After all, the state judge in Manhattan 76 00:04:24,839 --> 00:04:28,560 Speaker 1: has dismissed a residential mortgage fraud case against Manafort. New 77 00:04:28,640 --> 00:04:32,159 Speaker 1: York Supreme Court Justice Maxwell wildly ruled the charges amounted 78 00:04:32,200 --> 00:04:35,039 Speaker 1: to double jeopardy since Manafort has already been convicted of 79 00:04:35,080 --> 00:04:39,240 Speaker 1: federal bank in tax fraud under special counsel Robert Mueller's investigation. 80 00:04:39,480 --> 00:04:43,120 Speaker 1: Manhattan District Attorney Cyrus Vance's office brought the state charges 81 00:04:43,320 --> 00:04:45,800 Speaker 1: in an effort to keep Manafort in custody in case 82 00:04:45,839 --> 00:04:49,440 Speaker 1: President Trump pardons him for the federal convictions. In Washington. 83 00:04:49,600 --> 00:04:53,240 Speaker 1: Nathan Hagar Bloomberg Radio Time Now for the Beltway Business Report. 84 00:04:53,440 --> 00:04:56,679 Speaker 1: Wrapping up the day on Wall Street. Here's Bloomberg's Tracy Junkie. 85 00:04:56,760 --> 00:04:59,400 Speaker 1: We didn't get a third straight and tell record or 86 00:04:59,440 --> 00:05:02,640 Speaker 1: a fourth SMP record, but the NASDAK did improve a 87 00:05:02,680 --> 00:05:05,479 Speaker 1: little on its record yesterday, and that is five in 88 00:05:05,520 --> 00:05:08,440 Speaker 1: a row. The Nasdaq is up four points at eight, 89 00:05:08,720 --> 00:05:11,160 Speaker 1: The Dow fell twenty eight points to twenty eight thousand 90 00:05:11,200 --> 00:05:14,600 Speaker 1: to thirty nine, the SMPS down one point stock and 91 00:05:14,680 --> 00:05:18,520 Speaker 1: FedEx dropped ten percent. Its quarterly results are being described 92 00:05:18,560 --> 00:05:21,800 Speaker 1: as breathtaking lee bad pressured in Europe and Asia by 93 00:05:21,800 --> 00:05:24,800 Speaker 1: falling demand, and in the US, FedEx lost Amazon as 94 00:05:24,800 --> 00:05:27,000 Speaker 1: a customer and had to spend more money to get 95 00:05:27,040 --> 00:05:30,760 Speaker 1: other online purchases to their buyers on time Cardigo knows 96 00:05:30,800 --> 00:05:35,200 Speaker 1: something about falling demand and rising expenses. Daimler and BMW 97 00:05:35,360 --> 00:05:37,760 Speaker 1: say those are the reasons they are pulling the car 98 00:05:37,760 --> 00:05:40,760 Speaker 1: sharing service out of North America at the end of February. 99 00:05:41,120 --> 00:05:43,600 Speaker 1: That means no more Card to Go in d C 100 00:05:43,960 --> 00:05:49,040 Speaker 1: and Arlington County. Freddie Mack is reportedly offering early retirement packages. 101 00:05:49,120 --> 00:05:51,800 Speaker 1: Reuter says the buyout offers are going to about a 102 00:05:51,880 --> 00:05:55,520 Speaker 1: quarter of the mortgage lenders staff, or around six hundred employees. 103 00:05:55,839 --> 00:05:58,880 Speaker 1: The Jump administration has been pushing to shrink and privatize. 104 00:05:58,920 --> 00:06:01,479 Speaker 1: Freddie Mack and an May you have to date on 105 00:06:01,520 --> 00:06:04,080 Speaker 1: business From the belt Way to Baltimore. I'm Tracy Johnkie. 106 00:06:04,120 --> 00:06:07,240 Speaker 1: This is Bloomberg one or five point seven f m 107 00:06:07,360 --> 00:06:10,159 Speaker 1: HD two Global News, twenty four hours a day on 108 00:06:10,279 --> 00:06:12,680 Speaker 1: air and a Quick Take by Bloomberg, powered by more 109 00:06:12,720 --> 00:06:16,560 Speaker 1: than journalists and analysts and more than a hundred twenty countries. 110 00:06:17,000 --> 00:06:20,880 Speaker 1: I'm Martin DeCaro, Kevin, Thank you, Martin. I'm Kevin Sirelli, 111 00:06:20,920 --> 00:06:24,320 Speaker 1: Chief Washington correspondent for Bloomberg Television and Bloomberg Radio. I'm 112 00:06:24,320 --> 00:06:28,040 Speaker 1: broadcasting live from Capitol Hill, where in just a few 113 00:06:28,040 --> 00:06:30,600 Speaker 1: short hours, the House of Representatives will take up two 114 00:06:30,760 --> 00:06:34,839 Speaker 1: articles of impeachment anticipating a party line vote in the 115 00:06:34,880 --> 00:06:38,520 Speaker 1: Democratic controlled House of Representatives. My guests with me for 116 00:06:38,560 --> 00:06:41,520 Speaker 1: the hour Kevin Walling, a Democratic strategist at h G 117 00:06:41,680 --> 00:06:45,800 Speaker 1: Creative Media, and Tyler Deeton, a Republican strategist and fundraiser. 118 00:06:45,920 --> 00:06:49,280 Speaker 1: He is also the president of Allegiance Strategies. Gentlemen, thank 119 00:06:49,279 --> 00:06:52,440 Speaker 1: you both for being here. Let's begin tonight with Speaker 120 00:06:52,480 --> 00:06:55,680 Speaker 1: Pelosi because she has really been orchestrating all of this. 121 00:06:56,200 --> 00:06:59,040 Speaker 1: We're just a few short hours away from that vote, 122 00:06:59,520 --> 00:07:02,520 Speaker 1: and we'll lead things off with what Speaker Pelosi said 123 00:07:02,560 --> 00:07:06,320 Speaker 1: when she convened this six hours worth of discussion on 124 00:07:06,360 --> 00:07:09,239 Speaker 1: the House of Representatives floor. Here's the Speaker of the House. 125 00:07:09,880 --> 00:07:12,160 Speaker 1: It is a matter of fact that the president is 126 00:07:12,200 --> 00:07:16,440 Speaker 1: an ongoing threat to our national security and the integrity 127 00:07:16,480 --> 00:07:22,360 Speaker 1: of our elections, the basis of our democracy. Wow. I mean, Tyler, 128 00:07:22,360 --> 00:07:25,320 Speaker 1: when you hear her say that he is an ongoing 129 00:07:25,480 --> 00:07:30,160 Speaker 1: threat to our national security, I mean that she's not 130 00:07:30,200 --> 00:07:34,000 Speaker 1: mincing words. I think she's distilling their case down quite 131 00:07:34,040 --> 00:07:36,880 Speaker 1: in a straightforward way, which is something that has been lacking. 132 00:07:37,160 --> 00:07:39,600 Speaker 1: I mean, this has been a long and winding road 133 00:07:39,680 --> 00:07:42,120 Speaker 1: to get to this moment with an outcome that has 134 00:07:42,160 --> 00:07:46,040 Speaker 1: been essentially all but guaranteed since the beginning. Um, I'm 135 00:07:46,080 --> 00:07:47,840 Speaker 1: glad to be getting this behind us. In the House 136 00:07:47,840 --> 00:07:50,720 Speaker 1: of Representatives. I if I hear the phrase walk and 137 00:07:50,840 --> 00:07:54,120 Speaker 1: chew gum one more, just gonna be sick. But why 138 00:07:54,120 --> 00:07:57,960 Speaker 1: did you have to say it's not even of actually 139 00:07:58,000 --> 00:08:01,080 Speaker 1: doing that, And so the old business of the country 140 00:08:01,120 --> 00:08:03,760 Speaker 1: has fallen behind Um, there's a lot of work that 141 00:08:03,800 --> 00:08:06,000 Speaker 1: we need to do, and so I'm just excited that finally, 142 00:08:06,000 --> 00:08:08,520 Speaker 1: with this behind us, we might ratify U. S m 143 00:08:08,560 --> 00:08:11,360 Speaker 1: c A tomorrow, which is the most significant trade agreement 144 00:08:11,360 --> 00:08:14,520 Speaker 1: of this administration so far. Well, it's clearly I mean 145 00:08:14,520 --> 00:08:19,040 Speaker 1: and Speaker Pelosi coupling. Uh, they're really sandwishing rather the 146 00:08:19,040 --> 00:08:23,520 Speaker 1: the impeachment vote today tonight, with the budget agreement yesterday 147 00:08:23,560 --> 00:08:26,320 Speaker 1: and U s m c A tomorrow. But take us 148 00:08:26,320 --> 00:08:30,120 Speaker 1: behind the scenes, Kevin Wallingman, you talk to your Democratic colleagues, 149 00:08:30,120 --> 00:08:32,040 Speaker 1: when you talk to members of Congress, when you talk 150 00:08:32,160 --> 00:08:35,559 Speaker 1: to advisors as well as folks on the presidential campaign, 151 00:08:36,440 --> 00:08:40,000 Speaker 1: are they happy to be getting this behind them and 152 00:08:40,080 --> 00:08:43,560 Speaker 1: to to pivot to a quick trial in the Senate. 153 00:08:44,080 --> 00:08:46,240 Speaker 1: I think they are. Kevin, It's a good question, you know. 154 00:08:46,320 --> 00:08:49,040 Speaker 1: I I was shocked to see and we've kind of 155 00:08:49,080 --> 00:08:51,000 Speaker 1: seen it trickling out from a lot of these members. 156 00:08:51,040 --> 00:08:53,400 Speaker 1: There's thirty one members currently serving who was known as 157 00:08:53,400 --> 00:08:56,960 Speaker 1: Trump districts. These are districts in which the President wanted 158 00:08:58,360 --> 00:09:02,360 Speaker 1: Democrats flit those districts into the eighteen and they are uniformly, 159 00:09:02,600 --> 00:09:07,120 Speaker 1: aside from two UH members Tom Peterson and Jeff and Drew, 160 00:09:07,480 --> 00:09:11,800 Speaker 1: uniformly in in favor of articles impeach it both obstruction 161 00:09:11,800 --> 00:09:16,040 Speaker 1: of Congress and um UH and abusive power of this president. 162 00:09:16,280 --> 00:09:18,360 Speaker 1: So that was the surprising thing for me coming into 163 00:09:18,400 --> 00:09:21,520 Speaker 1: this week was seeing the uniformity of the Democratic caucus. Yeah, 164 00:09:21,520 --> 00:09:23,360 Speaker 1: but I gotta push back, I gotta play. I gotta 165 00:09:23,400 --> 00:09:26,600 Speaker 1: push back because two votes isn't uniformity. I mean, it's 166 00:09:26,600 --> 00:09:29,880 Speaker 1: not unanimous. There are a handful of Democrats who are 167 00:09:29,920 --> 00:09:33,560 Speaker 1: not voting with Speaker Pelosi, who had made the decision 168 00:09:33,920 --> 00:09:36,880 Speaker 1: that against what Speaker Pelosi said on the House floor 169 00:09:36,920 --> 00:09:39,280 Speaker 1: that he has a threat to national security. They don't, 170 00:09:39,400 --> 00:09:41,160 Speaker 1: do you feel that way? I would argue that those 171 00:09:41,200 --> 00:09:44,080 Speaker 1: two Democrats are more concerned about keeping their jobs, especially 172 00:09:44,120 --> 00:09:46,840 Speaker 1: with Jeff Fan Drew in New Jersey, uh seeing poll 173 00:09:46,960 --> 00:09:50,000 Speaker 1: numbers in his southern New Jersey district than actually putting 174 00:09:50,040 --> 00:09:53,760 Speaker 1: the constitution first. There were dozens of Democrats that jumped 175 00:09:53,800 --> 00:09:57,160 Speaker 1: shipped during the Clinton impeachment and actually voted with Republicans 176 00:09:57,200 --> 00:10:00,360 Speaker 1: on those three articles of impeachment. Democrats are un unided 177 00:10:00,840 --> 00:10:05,120 Speaker 1: make or break on this on these questions, well, I look, 178 00:10:05,160 --> 00:10:08,280 Speaker 1: clearly Democrats aren't entirely united. But I'm not gonna quibble 179 00:10:08,320 --> 00:10:10,480 Speaker 1: over two votes. All I would say is that Speaker 180 00:10:10,520 --> 00:10:13,560 Speaker 1: Pelosi opened this up as though that they would be 181 00:10:13,559 --> 00:10:16,920 Speaker 1: pulling over Republicans across the center aisle, and that she 182 00:10:17,040 --> 00:10:19,760 Speaker 1: has failed completely. She's going to lose more Democrats than 183 00:10:19,760 --> 00:10:22,200 Speaker 1: they gained Republicans on this vote, and that sets this 184 00:10:22,360 --> 00:10:24,960 Speaker 1: up very badly for what's going to happen in the Senate. 185 00:10:25,000 --> 00:10:27,800 Speaker 1: Tyler Gaton's here, he's a Republican insider. Kevin Wellings here 186 00:10:27,800 --> 00:10:31,640 Speaker 1: a Democratic insider. But to but to to Tyler's point, Kevin, 187 00:10:32,160 --> 00:10:37,000 Speaker 1: in terms of she fright, she the she framed this 188 00:10:37,160 --> 00:10:39,520 Speaker 1: as a threat to national security. This is a national 189 00:10:39,640 --> 00:10:44,079 Speaker 1: security argument. Was she successful in making her case too? 190 00:10:44,160 --> 00:10:47,640 Speaker 1: Independent voters, not her caucus not the Democratic Caucus, not 191 00:10:48,240 --> 00:10:52,359 Speaker 1: uh Rashida Talib not not AOC. But was she successful 192 00:10:52,480 --> 00:10:55,720 Speaker 1: to the union worker in Wisconsin? Was she successful to 193 00:10:55,760 --> 00:10:58,800 Speaker 1: the union worker in Battle Creek, Michigan? Were President Trump 194 00:10:58,800 --> 00:11:02,240 Speaker 1: will campaign tonight? Polls say no, well no, Actually polls 195 00:11:02,240 --> 00:11:04,439 Speaker 1: when it comes to independents say yes. And there's actually 196 00:11:04,480 --> 00:11:07,240 Speaker 1: an interesting comparison between a Fox News poll a month 197 00:11:07,280 --> 00:11:10,679 Speaker 1: ago and a Fox News pole just out from the 198 00:11:10,679 --> 00:11:13,480 Speaker 1: the eleventh and twelfth of December showing that independents are 199 00:11:13,480 --> 00:11:17,280 Speaker 1: actually breaking in favor of impeaching and removing this president 200 00:11:17,280 --> 00:11:21,080 Speaker 1: from office. And Pete obviously, impeachment is very divisive between 201 00:11:21,120 --> 00:11:24,800 Speaker 1: registered Democrats and Republicans, attracts very much along the lines 202 00:11:24,960 --> 00:11:28,160 Speaker 1: of approval ratings of this president. But I think actually 203 00:11:28,200 --> 00:11:32,080 Speaker 1: independents are breaking for impeachment, uh, which is a nice 204 00:11:32,120 --> 00:11:34,360 Speaker 1: thing to see for the Democrats. Moving forward, all right, 205 00:11:34,880 --> 00:11:37,520 Speaker 1: coming up, we're gonna talk about how Republicans are are 206 00:11:37,600 --> 00:11:40,960 Speaker 1: navigating this. We handled the Democrats and what they're doing again. 207 00:11:41,000 --> 00:11:44,600 Speaker 1: We're just anticipating that historic impeachment vote just with under 208 00:11:45,040 --> 00:11:48,440 Speaker 1: I believe under two hours from now, where the House 209 00:11:48,480 --> 00:11:53,240 Speaker 1: of Representatives will vote likely to impeach the President. From 210 00:11:53,320 --> 00:11:56,000 Speaker 1: there it will go to the Senate instead. A majority 211 00:11:56,040 --> 00:11:58,280 Speaker 1: leader Mitch McConnell has said that he is in favor 212 00:11:58,679 --> 00:12:02,840 Speaker 1: of a quick trial. Uh. He was on Hugh Hewitts 213 00:12:02,880 --> 00:12:06,120 Speaker 1: radio program earlier today. We'll dive into that coming up. 214 00:12:06,160 --> 00:12:08,679 Speaker 1: Tyler Deeton stays, Kevin Walling stays. You can download the 215 00:12:08,679 --> 00:12:12,640 Speaker 1: Bloomberg Sound On podcast on Apple iTunes by downloading Bloomberg 216 00:12:12,640 --> 00:12:16,600 Speaker 1: Business App four on Bloomberg dot com. You can also 217 00:12:16,640 --> 00:12:19,560 Speaker 1: find us on Radio dot com, iHeart Radio, and Spotify. 218 00:12:19,679 --> 00:12:22,280 Speaker 1: My name is Kevin Sirelia, the chief Washington correspondent for 219 00:12:22,360 --> 00:12:25,679 Speaker 1: Bloomberg Television and Bloomberg Radio. And you're listening to Bloomberg 220 00:12:26,160 --> 00:12:33,000 Speaker 1: on one. You're listening to Bloomberg Sound On with Kevin 221 00:12:33,000 --> 00:12:37,120 Speaker 1: Surley on Bloomberg and one on five point seven FM 222 00:12:37,240 --> 00:12:41,000 Speaker 1: h D two. The decision to try to angrily negotiate 223 00:12:41,040 --> 00:12:45,120 Speaker 1: through the press, it's unfortunately, but no amount of bluster 224 00:12:45,679 --> 00:12:47,839 Speaker 1: will change the simple fact that we already have a 225 00:12:47,960 --> 00:12:52,679 Speaker 1: unanimous bipartisan president. You have a hundred senators thought this 226 00:12:52,760 --> 00:12:56,160 Speaker 1: approach is good enough for President Clutton. Yeah, I ought 227 00:12:56,160 --> 00:13:00,920 Speaker 1: to be good enough for President Trump. That was Senate 228 00:13:00,920 --> 00:13:05,040 Speaker 1: Majority Leader Mitch McConnell, speaking earlier this morning on the 229 00:13:05,080 --> 00:13:09,280 Speaker 1: Senate floor. He also gave an interview to Hugh Hewitt 230 00:13:09,920 --> 00:13:13,800 Speaker 1: on his conservative radio program, in which he said that 231 00:13:13,920 --> 00:13:19,679 Speaker 1: he had concerns that the impeachment process would become the norm, 232 00:13:19,679 --> 00:13:24,880 Speaker 1: that it would become normalized to impeach president. Meanwhile, I'm 233 00:13:24,960 --> 00:13:28,640 Speaker 1: Kevin Cirelli, Chief Watchington correspondent from Bloomberg Television in Bloomberg Radio, 234 00:13:28,679 --> 00:13:32,120 Speaker 1: broadcasting live this evening from Capitol Hill, where we are 235 00:13:32,160 --> 00:13:36,840 Speaker 1: awaiting that historic impeachment vote just under two hours from now. 236 00:13:37,520 --> 00:13:43,120 Speaker 1: Lawmakers making their speeches on the House floor and discussing 237 00:13:43,520 --> 00:13:46,800 Speaker 1: why they feel or why they do not feel, uh, 238 00:13:46,880 --> 00:13:50,640 Speaker 1: the president should be impeached. Congresswoman Caroline Caroline Maloney is 239 00:13:50,679 --> 00:13:53,439 Speaker 1: speaking right now. She's a Democrat from New York because 240 00:13:53,440 --> 00:13:57,960 Speaker 1: she's she's the chairwoman of the Oversight and Reform Committee, 241 00:13:58,000 --> 00:14:01,680 Speaker 1: saying that the president has a used his power. Tyler 242 00:14:01,679 --> 00:14:05,200 Speaker 1: Deaton's here, Republican insider. Kevin Walling is here, a Democratic insider. 243 00:14:05,240 --> 00:14:08,360 Speaker 1: You've seen him all over Fox News. All right, So 244 00:14:08,440 --> 00:14:13,520 Speaker 1: take us from a Republican leadership, uh calculation, Tyler in 245 00:14:13,600 --> 00:14:16,080 Speaker 1: terms of leader McConnell and the and how he's been 246 00:14:16,120 --> 00:14:19,360 Speaker 1: able to navigate, not Speaker Pelosi, but really to be 247 00:14:19,440 --> 00:14:22,320 Speaker 1: able to navigate President Trump, who wanted a pomp and 248 00:14:22,400 --> 00:14:25,360 Speaker 1: circumstance trial, doesn't look like he's gonna get it. Yeah, 249 00:14:25,400 --> 00:14:27,160 Speaker 1: he's he's not going to get that. And I think 250 00:14:27,160 --> 00:14:30,080 Speaker 1: that it's just it's again, it's the political brilliance of 251 00:14:30,200 --> 00:14:33,640 Speaker 1: Leader McConnell to protect his majority. They know what the 252 00:14:33,640 --> 00:14:37,160 Speaker 1: map looks like heading into um, they know what states 253 00:14:37,200 --> 00:14:39,080 Speaker 1: they have to defend, they know what states they need 254 00:14:39,120 --> 00:14:42,080 Speaker 1: to compete in. And Leader McConnell is not going to 255 00:14:42,360 --> 00:14:46,120 Speaker 1: allow his members to get into a muddy debate over 256 00:14:46,160 --> 00:14:48,520 Speaker 1: the impeachment. He's just not gonna let that happen. You know. 257 00:14:48,600 --> 00:14:52,200 Speaker 1: I was speaking with some aids Kevin walling Uh to 258 00:14:53,320 --> 00:14:56,600 Speaker 1: Republicans earlier today, and really they said, this is really 259 00:14:56,640 --> 00:14:59,680 Speaker 1: just business as usual in terms of how the impeachment 260 00:15:00,200 --> 00:15:04,400 Speaker 1: is going to play out and whatnot. But I was 261 00:15:04,520 --> 00:15:08,760 Speaker 1: struck by the contrast of Speaker and similarities to some 262 00:15:08,840 --> 00:15:13,720 Speaker 1: extent of Speaker Pelosi and Leader McConnell. Speaker Pelosi has, 263 00:15:13,760 --> 00:15:17,000 Speaker 1: as we've talked about, discussed really capture caucus and lockstep 264 00:15:17,040 --> 00:15:21,000 Speaker 1: with her, with the exception of a handful moderates and 265 00:15:21,520 --> 00:15:24,960 Speaker 1: Leader McConnell has virtually been able to do the same 266 00:15:25,000 --> 00:15:28,760 Speaker 1: exact thing. Yeah, you've seen, you know comments from account 267 00:15:28,840 --> 00:15:33,240 Speaker 1: thirteen senators Republican senators are currently serving that have questioned 268 00:15:33,720 --> 00:15:35,960 Speaker 1: h that it was not, in fact a perfect call 269 00:15:36,040 --> 00:15:39,600 Speaker 1: by the president. Of course, Democrats would need twenty of 270 00:15:39,680 --> 00:15:42,360 Speaker 1: their colleagues from the Republican side to join with them 271 00:15:42,520 --> 00:15:45,640 Speaker 1: to actually convict the president on one of two of 272 00:15:45,680 --> 00:15:48,760 Speaker 1: these articles in order to actually remove the president. But 273 00:15:48,800 --> 00:15:50,600 Speaker 1: I think you're right, and I think it's actually a 274 00:15:50,600 --> 00:15:52,240 Speaker 1: sad fact. I think it's a sad fact for this 275 00:15:52,320 --> 00:15:55,880 Speaker 1: country that we are looking down the nose of a 276 00:15:55,960 --> 00:15:59,360 Speaker 1: purely partisan impeachment process where Democrats in the House by 277 00:15:59,400 --> 00:16:02,200 Speaker 1: party line beach to the president and Republicans in the 278 00:16:02,240 --> 00:16:05,560 Speaker 1: Senate by a party line vote vote to umu quit 279 00:16:05,640 --> 00:16:08,160 Speaker 1: the president. That's not what the Framers intended. This is 280 00:16:08,160 --> 00:16:11,200 Speaker 1: not supposed to be something for political whims, but actually real, 281 00:16:11,720 --> 00:16:15,480 Speaker 1: uh serious challenges to the rule of law. I think 282 00:16:15,480 --> 00:16:18,560 Speaker 1: as a Democrat that this president is committed. Tyler disagrees, obviously, 283 00:16:18,920 --> 00:16:21,520 Speaker 1: um with that assessment. But we can't go down this 284 00:16:21,600 --> 00:16:26,080 Speaker 1: road where Chambers flip opposite party in the White House. Well, 285 00:16:26,120 --> 00:16:28,640 Speaker 1: you think we're gonna have multiple impeachment? Is impeachment going 286 00:16:28,680 --> 00:16:30,520 Speaker 1: to be the new shutdown? I mean you think, I 287 00:16:30,560 --> 00:16:33,040 Speaker 1: mean it should gonna be. It shouldn't be. But do 288 00:16:33,080 --> 00:16:35,320 Speaker 1: you think there's a chance it will be. Well, hopefully 289 00:16:35,360 --> 00:16:39,240 Speaker 1: a future Democratic president doesn't create these kind of problems 290 00:16:39,240 --> 00:16:42,040 Speaker 1: in the future where uh, I was a kids calls 291 00:16:42,080 --> 00:16:44,120 Speaker 1: for their impeach when I was a kid, Tyler Deaton, 292 00:16:44,160 --> 00:16:49,920 Speaker 1: I mean impeachment, impeachment, impeachlin you know it was done, done, done. 293 00:16:50,360 --> 00:16:52,200 Speaker 1: And and as one stafford put it to me, well, 294 00:16:53,080 --> 00:16:55,400 Speaker 1: of America's about this is a stafford, This isn't Kevin 295 00:16:55,480 --> 00:16:57,960 Speaker 1: a stafford saying of Americans are about to find out 296 00:16:57,960 --> 00:16:59,960 Speaker 1: that being impeach doesn't mean you're gonna get removed from office. 297 00:17:00,080 --> 00:17:03,000 Speaker 1: It's getting called into the principal's office. It's it's it's 298 00:17:03,040 --> 00:17:05,800 Speaker 1: it's not it's not getting expelled from your school. Yeah, 299 00:17:05,960 --> 00:17:08,080 Speaker 1: so is this is this is a charade. No, I 300 00:17:08,880 --> 00:17:13,200 Speaker 1: don't think that it's a sharade. This is polarized politics 301 00:17:13,320 --> 00:17:15,640 Speaker 1: at its worst. And look, Kevin Walling is very smart 302 00:17:15,640 --> 00:17:17,920 Speaker 1: and I'm not going to argue with his numbers all 303 00:17:17,960 --> 00:17:20,359 Speaker 1: I want to raise for the listeners is the last 304 00:17:20,359 --> 00:17:24,239 Speaker 1: time that a president was facing impeachment, there were a 305 00:17:24,240 --> 00:17:28,520 Speaker 1: lot of Republicans who were willing to vote not to 306 00:17:28,600 --> 00:17:31,200 Speaker 1: convict President Clinton in the Senate. And I think that's 307 00:17:31,200 --> 00:17:32,760 Speaker 1: a big part of what's changed. And some of those 308 00:17:32,760 --> 00:17:35,880 Speaker 1: Senate Republicans are still with a Susan Collins being one 309 00:17:35,880 --> 00:17:40,480 Speaker 1: of them. There was actually bipartisanship then that there were 310 00:17:40,480 --> 00:17:43,440 Speaker 1: Republican senators who were willing to say that President Clinton's 311 00:17:43,440 --> 00:17:46,760 Speaker 1: impeachment might have been too political for them to convict. 312 00:17:46,960 --> 00:17:50,040 Speaker 1: And so where the Democrats today who would equally look 313 00:17:50,040 --> 00:17:53,080 Speaker 1: at the situation and like Republicans in the nineties, say 314 00:17:53,320 --> 00:17:56,720 Speaker 1: maybe this has going too far into partisan But I 315 00:17:56,720 --> 00:17:59,560 Speaker 1: would say that's what's changed, is like the parties are 316 00:17:59,760 --> 00:18:01,680 Speaker 1: on both sides far too lock step. But in the 317 00:18:01,760 --> 00:18:04,760 Speaker 1: nineties it was Republicans who actually bucked their party. I 318 00:18:04,760 --> 00:18:06,639 Speaker 1: wanted to continue with this notion of whether or not 319 00:18:06,680 --> 00:18:10,440 Speaker 1: impeachment has become normalized because I spoke with one Democratic 320 00:18:10,480 --> 00:18:13,000 Speaker 1: congressman earlier today who asked not to be named, and 321 00:18:13,240 --> 00:18:16,679 Speaker 1: I'll respect that, and what this congressman told me was 322 00:18:17,440 --> 00:18:20,879 Speaker 1: their President Trump could get it peached again and again 323 00:18:21,359 --> 00:18:24,879 Speaker 1: and again. Well. Actually, President Trump, in a recent interview, 324 00:18:24,920 --> 00:18:26,760 Speaker 1: was surprised that this was actually the thing that actually 325 00:18:26,800 --> 00:18:30,399 Speaker 1: impeached him. I think a lot of peoples, with everything 326 00:18:30,440 --> 00:18:33,400 Speaker 1: else that that's going on in terms of campaign finance violations, 327 00:18:33,440 --> 00:18:36,280 Speaker 1: a monument cause issues, that this was actually the thing 328 00:18:36,359 --> 00:18:39,280 Speaker 1: in terms of extorting a foreign government to interfere in 329 00:18:39,320 --> 00:18:41,720 Speaker 1: our elections was the thing that actually got him impeached. Um. 330 00:18:41,800 --> 00:18:44,639 Speaker 1: But you know, the Framers envisioned this as something that 331 00:18:44,760 --> 00:18:48,240 Speaker 1: was so um serious and totality that it shouldn't be 332 00:18:48,280 --> 00:18:50,600 Speaker 1: a party line vote, you know, But you look at 333 00:18:50,640 --> 00:18:52,520 Speaker 1: Andrew Johnson. That was a party line vote. It was 334 00:18:52,600 --> 00:18:55,040 Speaker 1: a party out of power that disagreed with what President 335 00:18:55,119 --> 00:18:57,959 Speaker 1: Johnson had done with the cabinet secretary that he fired. Um. 336 00:18:58,080 --> 00:19:01,720 Speaker 1: Bill Clinton's impeachment was a highly artisan tarade back in 337 00:19:01,760 --> 00:19:03,680 Speaker 1: the day in terms of the three articles that they 338 00:19:03,720 --> 00:19:05,679 Speaker 1: got him on in terms of perjuring things like that, 339 00:19:05,720 --> 00:19:08,000 Speaker 1: And there were Republicans of conscious that said, this is 340 00:19:08,080 --> 00:19:10,119 Speaker 1: beyond but let me ask a better question. Let me 341 00:19:10,240 --> 00:19:11,600 Speaker 1: let me ask a more point of question. Is this 342 00:19:11,640 --> 00:19:15,520 Speaker 1: democrats one shot to impeach President Trump? I sure hope not. 343 00:19:15,640 --> 00:19:19,639 Speaker 1: I mean, I think it's I think it's been problematic 344 00:19:19,720 --> 00:19:22,680 Speaker 1: on our side when we have Democratic members that come 345 00:19:22,680 --> 00:19:25,159 Speaker 1: out of the gate saying we need to impeach, you know, 346 00:19:25,359 --> 00:19:27,840 Speaker 1: using a foul language, and Al Green who introduced the 347 00:19:27,880 --> 00:19:30,480 Speaker 1: resolution trying to impeach this president from day one. That's 348 00:19:30,520 --> 00:19:34,960 Speaker 1: problematic because it does cheapen and lessen this process that 349 00:19:35,000 --> 00:19:38,000 Speaker 1: should be It's inherent in the Constitution and should be 350 00:19:38,080 --> 00:19:41,480 Speaker 1: a fail safe against the corrupt administration, not something that's 351 00:19:41,480 --> 00:19:45,879 Speaker 1: thrown around. Will be serious. This is the final act 352 00:19:45,960 --> 00:19:48,720 Speaker 1: that Congress has to hold any president, regardless of party, 353 00:19:48,760 --> 00:19:51,239 Speaker 1: accountable for their actions. All right, if you were if 354 00:19:51,320 --> 00:19:54,560 Speaker 1: you were to predict, you think President President, I remember 355 00:19:54,600 --> 00:19:57,000 Speaker 1: doing hypotheticals, but I think his bears repeating, because I 356 00:19:57,000 --> 00:19:59,000 Speaker 1: think it is going to come up, especially if the 357 00:19:59,000 --> 00:20:01,840 Speaker 1: president is re elected and Democrats and the and the 358 00:20:01,880 --> 00:20:05,840 Speaker 1: balance of power remains the statu quo will president do 359 00:20:05,880 --> 00:20:08,920 Speaker 1: you think Democrats? Is this a one shot deal or 360 00:20:09,240 --> 00:20:12,720 Speaker 1: will it happen that I would predict that the House 361 00:20:13,040 --> 00:20:16,160 Speaker 1: of Representatives in this current Congress will impeach him again. 362 00:20:16,680 --> 00:20:18,920 Speaker 1: And I would also predict that Speaker Pelosi is going 363 00:20:18,960 --> 00:20:20,960 Speaker 1: to lose more members of her Party on the vote 364 00:20:21,040 --> 00:20:24,480 Speaker 1: than Leader McConnell will in the Senate, not necessarily. I 365 00:20:24,520 --> 00:20:28,680 Speaker 1: think you know, the the infamous call in, they happened 366 00:20:28,720 --> 00:20:32,240 Speaker 1: literally the day after Muller testified in Congress, and the 367 00:20:32,240 --> 00:20:35,560 Speaker 1: American people seemingly moved on from calls for impeachment. This 368 00:20:35,680 --> 00:20:38,680 Speaker 1: president the day after felt vindicated enough to go try 369 00:20:38,720 --> 00:20:40,960 Speaker 1: and extort a foreign country. I think he will feel 370 00:20:41,040 --> 00:20:44,439 Speaker 1: vindicated if he's acquitted and will continue this disastrous behavior 371 00:20:44,480 --> 00:20:46,720 Speaker 1: that just you know, and maybe it's because I grew 372 00:20:46,760 --> 00:20:49,240 Speaker 1: up in Delko, Kevin Wally, but I'm right across the 373 00:20:49,280 --> 00:20:52,840 Speaker 1: river in the Jersey, my man. But listen, I I 374 00:20:52,960 --> 00:20:55,640 Speaker 1: just think when you take a step back. I told 375 00:20:55,640 --> 00:20:58,159 Speaker 1: this to Tom Keane earlier, my my mentor here a 376 00:20:58,200 --> 00:21:00,600 Speaker 1: Bloomberg Tom Keane, you know, and all up the script 377 00:21:00,640 --> 00:21:03,920 Speaker 1: for a second. But you know all the networks they 378 00:21:03,960 --> 00:21:06,879 Speaker 1: cut in to the impeachment. You know, they're covering the 379 00:21:06,920 --> 00:21:12,240 Speaker 1: impatient Wisconsin, Michigan, Ohio, Pennsylvania. You go to some of 380 00:21:12,320 --> 00:21:16,160 Speaker 1: these states and it's and and to just be candid 381 00:21:16,240 --> 00:21:21,600 Speaker 1: here the president is is really dare I say, taking 382 00:21:21,640 --> 00:21:25,639 Speaker 1: impeachment and trying to turn it into a mobilization effort 383 00:21:25,720 --> 00:21:28,679 Speaker 1: for his re election. He is literally going to have 384 00:21:30,359 --> 00:21:33,480 Speaker 1: He's raising a lot of He's gonna have a prime 385 00:21:33,600 --> 00:21:38,240 Speaker 1: time viewership tonight across every network, every channel that will 386 00:21:38,280 --> 00:21:41,159 Speaker 1: carry his remarks. This isn't Bill Clinton celebrating in the 387 00:21:41,200 --> 00:21:45,159 Speaker 1: West Wing playing the saxophone. This is the President in 388 00:21:45,320 --> 00:21:50,200 Speaker 1: full fledged reelection vote, surrounded by thousands of his supporters 389 00:21:50,240 --> 00:21:55,400 Speaker 1: and offering in real time a direct rebuttal to Speaker Pelosi. 390 00:21:55,960 --> 00:21:58,320 Speaker 1: All of the networks haven't carried one of his rallies 391 00:21:58,320 --> 00:21:59,840 Speaker 1: in an evening in a long time, and we'll see 392 00:21:59,840 --> 00:22:02,000 Speaker 1: if to do. They probably will, but I do I 393 00:22:02,040 --> 00:22:05,639 Speaker 1: do think fundamentally he will feel wounded coming out of this, 394 00:22:05,840 --> 00:22:08,399 Speaker 1: that we know that the House is a foregone conclusion. 395 00:22:08,760 --> 00:22:10,879 Speaker 1: You see the way he's acting out that six page 396 00:22:10,960 --> 00:22:14,680 Speaker 1: letter directed to Speaker Pelosi. He knows that this will 397 00:22:14,720 --> 00:22:17,399 Speaker 1: be the first line of his obituary, that he just 398 00:22:17,560 --> 00:22:20,920 Speaker 1: as it is for Bill Clinton. That uh, in modern history, 399 00:22:20,920 --> 00:22:23,679 Speaker 1: there's been two presents that were impeached, not convicted, but impeach. 400 00:22:23,760 --> 00:22:25,560 Speaker 1: That will always be part of his legacy. And I 401 00:22:25,600 --> 00:22:29,280 Speaker 1: think that wounds him personally more than anyone else. I 402 00:22:29,359 --> 00:22:32,040 Speaker 1: don't know how much it wounds him. I don't know 403 00:22:32,080 --> 00:22:36,480 Speaker 1: what wounds President Trump. Um. I do think that the 404 00:22:36,520 --> 00:22:38,879 Speaker 1: fact that this is finally coming out of the House 405 00:22:39,440 --> 00:22:41,720 Speaker 1: is going to be a political milestone for his re 406 00:22:41,840 --> 00:22:45,560 Speaker 1: election campaign. That he holds every single House Republican in 407 00:22:45,640 --> 00:22:49,520 Speaker 1: his column, including people who are retiring, including very moderate 408 00:22:49,520 --> 00:22:52,240 Speaker 1: House Republican members. That is going to send a signal 409 00:22:52,280 --> 00:22:55,000 Speaker 1: to independent voters. And also, by a year from now, 410 00:22:55,000 --> 00:22:57,200 Speaker 1: when we're actually having the elections, I would just take 411 00:22:57,240 --> 00:22:59,680 Speaker 1: issue with this idea that any independent voter in America 412 00:23:00,080 --> 00:23:02,280 Speaker 1: is going to be voting based on impeachment. I think 413 00:23:02,320 --> 00:23:05,480 Speaker 1: by that point we'll be talking about the economy. I think, Tyler, 414 00:23:05,560 --> 00:23:07,840 Speaker 1: you and I have talked about this before. I I 415 00:23:07,880 --> 00:23:10,800 Speaker 1: think who who are the Republican surrogates for the suburbs. 416 00:23:10,840 --> 00:23:13,560 Speaker 1: I think that's a question mark for for the Republican Party. 417 00:23:13,760 --> 00:23:16,560 Speaker 1: And that that that letter, by the way, that did 418 00:23:16,600 --> 00:23:18,320 Speaker 1: you see what the Times did, But that letter they 419 00:23:18,320 --> 00:23:22,840 Speaker 1: had annotated President's letter to Speaker Pelosi, had annotated an 420 00:23:22,840 --> 00:23:26,960 Speaker 1: annotated wine byline interpretation, and Politico Jake Sherman and Politico 421 00:23:27,320 --> 00:23:29,880 Speaker 1: he said, uh, he said it was like a Twitter riant. 422 00:23:29,920 --> 00:23:32,879 Speaker 1: It was like a sixth page Twitter and will be 423 00:23:32,960 --> 00:23:36,480 Speaker 1: in The Smithsonian. Coming up. We talked policy U s 424 00:23:36,600 --> 00:23:39,800 Speaker 1: m c A. It's fourth and inches, really and fourth 425 00:23:39,840 --> 00:23:42,000 Speaker 1: and goal for U. S m c A coming up 426 00:23:42,040 --> 00:23:44,760 Speaker 1: with Tyler Deaton and Kevin Walling. Download the Bloomberg Sound 427 00:23:44,760 --> 00:23:48,320 Speaker 1: On podcasts on Apple iTunes by downloading the Bloomberg Business app, 428 00:23:48,400 --> 00:23:50,399 Speaker 1: or at Bloomberg dot com. You can also find me 429 00:23:50,440 --> 00:23:52,960 Speaker 1: on Radio dot com, I Heart Radio, and Spotify. My 430 00:23:53,040 --> 00:23:55,680 Speaker 1: name is Kevin Silliam, the chief Washington correspondent for Bloomberg 431 00:23:55,720 --> 00:23:57,480 Speaker 1: TV and Bloomberg Radio. I'm want a red eye to 432 00:23:57,720 --> 00:24:01,280 Speaker 1: l A tonight for our special coverage tomorrow of the 433 00:24:01,320 --> 00:24:05,400 Speaker 1: Democratic presidential debate. It's back on, folks, you're listening to Bloomberg. 434 00:24:09,440 --> 00:24:14,040 Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg 435 00:24:15,160 --> 00:24:17,560 Speaker 1: and one or five point seven f M H D two. 436 00:24:18,359 --> 00:24:21,160 Speaker 1: I'm Kevin sirill h Chief watching your correspondent for Bloomberg 437 00:24:21,200 --> 00:24:25,560 Speaker 1: Television of Bloomberg Radio. Tyler Deeton's here, he's a Republican 438 00:24:25,680 --> 00:24:30,680 Speaker 1: insider president of Allegiance Strategies. Kevin Walling is also here. 439 00:24:30,720 --> 00:24:35,159 Speaker 1: He is Democratic strategist over at h G Creative Media. 440 00:24:35,200 --> 00:24:37,199 Speaker 1: All right, let's put you both on the spot for 441 00:24:37,240 --> 00:24:40,399 Speaker 1: a second. What has been more intense this impeachment day 442 00:24:40,560 --> 00:24:45,879 Speaker 1: or Caven all Day? Oh, very good question. On the 443 00:24:45,920 --> 00:24:48,359 Speaker 1: Republican side of the aisle, I would have said that 444 00:24:48,359 --> 00:24:51,080 Speaker 1: the Cavan all Day has been way more intense than 445 00:24:51,119 --> 00:24:53,560 Speaker 1: anything happening today. I agree. I think in terms of 446 00:24:53,560 --> 00:24:57,199 Speaker 1: public interest to everyone was glued to see Dr Ford's testimony. 447 00:24:57,440 --> 00:25:00,000 Speaker 1: I don't think anyone is watching the House Flori today 448 00:25:00,040 --> 00:25:02,920 Speaker 1: in terms of the American people, and Kevin's a Democrat 449 00:25:02,960 --> 00:25:05,000 Speaker 1: and it's not a Democrat. I mean that it was 450 00:25:05,040 --> 00:25:08,359 Speaker 1: really compelling television. Listen. I know it's bad radio for 451 00:25:08,400 --> 00:25:11,040 Speaker 1: everybody to agree, but I totally agree. I thought Cavin 452 00:25:11,119 --> 00:25:13,359 Speaker 1: all Day was I mean I was having flashbacks to 453 00:25:13,440 --> 00:25:18,000 Speaker 1: covering some court cases that I covered early in my career. 454 00:25:18,080 --> 00:25:19,520 Speaker 1: I mean it was we didn't know what was going 455 00:25:19,560 --> 00:25:23,399 Speaker 1: to happen conclusion today exactly. You didn't know what was 456 00:25:23,440 --> 00:25:27,440 Speaker 1: gonna happen there. It was, it was cultural, it was politics, sure, 457 00:25:27,520 --> 00:25:30,080 Speaker 1: it was you had you know, down to the wire votes. 458 00:25:30,480 --> 00:25:33,359 Speaker 1: This just feels again, do I dare I say it? 459 00:25:33,480 --> 00:25:36,119 Speaker 1: Or let me ask the question, does it feel anti climatic? 460 00:25:36,200 --> 00:25:39,200 Speaker 1: It feels a little pre baked, it feels a little partisan, 461 00:25:39,280 --> 00:25:43,040 Speaker 1: it feels a little predictable, and again like this didn't 462 00:25:43,359 --> 00:25:46,479 Speaker 1: have to take two months. All right, Well, let's talk 463 00:25:46,520 --> 00:25:49,040 Speaker 1: about where I'm going tonight, Los Angeles, the city of 464 00:25:50,720 --> 00:25:53,880 Speaker 1: Los Angeles, l a X, I Land. I don't even 465 00:25:53,880 --> 00:25:56,960 Speaker 1: know what time. Hopefully I make the flight. I'm kidding, 466 00:25:56,960 --> 00:25:59,600 Speaker 1: I'm gonna make the flight for the debate. What do 467 00:25:59,640 --> 00:26:01,840 Speaker 1: you have your own for the debate tomorrow night, Kevin. 468 00:26:02,240 --> 00:26:04,960 Speaker 1: Is the first time we have just seven candidates on 469 00:26:05,000 --> 00:26:06,880 Speaker 1: that stage. I think there's gonna be a lot more 470 00:26:06,920 --> 00:26:09,600 Speaker 1: sparks between them because the time is the same in 471 00:26:09,680 --> 00:26:11,880 Speaker 1: terms of you know how long this debate is gonna last. 472 00:26:12,000 --> 00:26:14,200 Speaker 1: But this is where it's getting down to the wire, 473 00:26:14,320 --> 00:26:16,240 Speaker 1: right We've got a month and a half before Iowa. 474 00:26:16,720 --> 00:26:19,760 Speaker 1: I think there's actually gonna be some division between Centator 475 00:26:19,840 --> 00:26:23,600 Speaker 1: Sanders and Senator Warren. They know they gonna fight on well, 476 00:26:23,600 --> 00:26:26,119 Speaker 1: on Medicare for All. You saw Center Warren backtracking in 477 00:26:26,200 --> 00:26:29,600 Speaker 1: terms of her support on that, and I think dropped significantly. 478 00:26:29,640 --> 00:26:32,280 Speaker 1: And yeah she has and she knows the calculation she 479 00:26:32,400 --> 00:26:34,720 Speaker 1: took on Mayor Pete. The last two weeks didn't see 480 00:26:34,760 --> 00:26:37,440 Speaker 1: any bumper pulse. Her numbers actually went down, and they're 481 00:26:37,480 --> 00:26:41,359 Speaker 1: fighting for the same votes. I just well, I think personally, 482 00:26:41,400 --> 00:26:43,640 Speaker 1: I think actually a lot of those Bernie voters could 483 00:26:43,640 --> 00:26:48,560 Speaker 1: be Biden supporters. Yeah, I sure. And I think also 484 00:26:48,680 --> 00:26:50,720 Speaker 1: too Interestingly enough, I talked to a lot of people 485 00:26:50,720 --> 00:26:53,119 Speaker 1: in Iowa and they're seeming to tell me that Amy 486 00:26:53,160 --> 00:26:55,040 Speaker 1: Klobuchar might be on the rise and be the day 487 00:26:56,200 --> 00:26:58,520 Speaker 1: that's the talk of the town. He might be peeking 488 00:26:58,720 --> 00:27:01,480 Speaker 1: at the right time. You know, you saw Mayor Pete 489 00:27:01,800 --> 00:27:04,560 Speaker 1: kind of peeking. Uh. And it's still pretty high up 490 00:27:04,560 --> 00:27:07,720 Speaker 1: in terms of North New Hampshire and Iowa. But they're 491 00:27:07,760 --> 00:27:10,120 Speaker 1: saying that Amy Klovi charge she has a breakout moment 492 00:27:10,160 --> 00:27:15,240 Speaker 1: tomorrow night might be able to capitalize on. She potentially 493 00:27:15,600 --> 00:27:18,919 Speaker 1: could be the one senator who actually could use that 494 00:27:19,000 --> 00:27:23,200 Speaker 1: momentum in the Senate trial. Similarly, we're talking earlier about Cavanall, 495 00:27:23,359 --> 00:27:28,440 Speaker 1: how she did with Cavanall, she was pretty effectives were 496 00:27:28,680 --> 00:27:31,480 Speaker 1: really humanizer too, right, talking about her father who who 497 00:27:31,560 --> 00:27:35,480 Speaker 1: was alic um and struggled with with addiction, and that 498 00:27:35,560 --> 00:27:37,840 Speaker 1: really humanizer. And and you know, she was a career 499 00:27:37,880 --> 00:27:41,119 Speaker 1: prosecutor before she ran for the Senate. In Minnesota. So 500 00:27:41,280 --> 00:27:43,000 Speaker 1: I think you're absolutely right that she could have a 501 00:27:43,320 --> 00:27:46,359 Speaker 1: moment that shines. Same with Kamala Harris, unfortunately, who's no 502 00:27:46,400 --> 00:27:47,879 Speaker 1: longer in this race. But I think she's going to 503 00:27:47,960 --> 00:27:51,159 Speaker 1: have a lot of moments now that she's focusing on impeachment. 504 00:27:52,200 --> 00:27:56,040 Speaker 1: She has come plenty of time. If if they were stocks, 505 00:27:56,080 --> 00:27:58,359 Speaker 1: I would sell Warren, I would sell Buddha Jedge, and 506 00:27:58,359 --> 00:28:02,560 Speaker 1: I would absolutely buy shows up on Bloomberg and starts 507 00:28:02,560 --> 00:28:06,600 Speaker 1: equating the candidates to stocks. I think that Senator in 508 00:28:06,640 --> 00:28:10,760 Speaker 1: addition to Vice President Biden, are probably the only two 509 00:28:10,840 --> 00:28:14,560 Speaker 1: people in the field that Democrats if they're serious about 510 00:28:14,600 --> 00:28:18,280 Speaker 1: beating Trump, they basically have to pick between those two individuals. 511 00:28:18,440 --> 00:28:20,960 Speaker 1: And I'm not actually sure yet that the Democratic Party 512 00:28:21,359 --> 00:28:25,280 Speaker 1: is serious about the feat I've said. I think Senator 513 00:28:25,320 --> 00:28:29,520 Speaker 1: Bernie Sanders, I think that he has really proven to 514 00:28:29,640 --> 00:28:33,280 Speaker 1: be a lot more formidable than people think. I think. 515 00:28:33,359 --> 00:28:36,080 Speaker 1: I think here inside of the Beltway, inside of this 516 00:28:36,160 --> 00:28:39,640 Speaker 1: town and the chattering class, they shrug him off. But listen, 517 00:28:40,200 --> 00:28:43,000 Speaker 1: every you look at the college age. You know they 518 00:28:42,960 --> 00:28:44,840 Speaker 1: don't college kids don't vote, but I mean they all 519 00:28:44,880 --> 00:28:47,720 Speaker 1: want them, the young, the the youths. One Bernie Sanders. 520 00:28:47,720 --> 00:28:49,680 Speaker 1: The pop stars want Bernies. He's got momentum, right, He's 521 00:28:49,720 --> 00:28:52,240 Speaker 1: doing well with Generation Z and here Pete's doing well 522 00:28:52,280 --> 00:28:55,600 Speaker 1: with who would who would have thought? Senator Sanders is 523 00:28:55,640 --> 00:28:58,960 Speaker 1: also doing well with people of color up there. Not 524 00:28:59,000 --> 00:29:01,600 Speaker 1: as much as for the former vice president, but he 525 00:29:01,640 --> 00:29:05,239 Speaker 1: actually does very well, especially with Lutino's in Nevada. UM. 526 00:29:05,280 --> 00:29:07,000 Speaker 1: So that's something to look at it. I do think, 527 00:29:07,120 --> 00:29:09,720 Speaker 1: you know, any other candidate a heart attack at his 528 00:29:09,920 --> 00:29:13,000 Speaker 1: at their age would have knocked him out of the race. Yeah, 529 00:29:13,040 --> 00:29:16,400 Speaker 1: they're all over send right everything the president. I don't 530 00:29:16,400 --> 00:29:21,680 Speaker 1: know how Blas probably right around there. So you know what, 531 00:29:21,720 --> 00:29:26,760 Speaker 1: I'm not an agist. I say, hey, you got enough? Run? Yeah? Run? 532 00:29:27,320 --> 00:29:29,240 Speaker 1: And this is why Senator Cloba Shark could come on 533 00:29:29,320 --> 00:29:31,440 Speaker 1: strong in Iowa. I think she's Taylor made for the 534 00:29:31,480 --> 00:29:34,320 Speaker 1: Iowa caucuses. Um, who could forget her kick off? And 535 00:29:34,400 --> 00:29:38,680 Speaker 1: then in this snow she's ready for Iowa right now? 536 00:29:39,440 --> 00:29:43,040 Speaker 1: That was that was amazing television. That's what's going on 537 00:29:43,160 --> 00:29:46,440 Speaker 1: right now in De Moines. Snowstorm is more interesting than 538 00:29:46,440 --> 00:29:48,400 Speaker 1: these floor proceedings coming up. I'm an ask what's on 539 00:29:48,400 --> 00:29:51,080 Speaker 1: the panel's radar. I promise we'll talk policy. Download the 540 00:29:51,080 --> 00:29:53,960 Speaker 1: Bloomberg salent On podcast on Apple iTunes by downloading the 541 00:29:53,960 --> 00:29:56,800 Speaker 1: Bloomberg Business app, or at Bloomberg dot com. You can 542 00:29:56,840 --> 00:29:58,720 Speaker 1: also find us on Radio dot com, I Heart Radio, 543 00:29:58,760 --> 00:30:01,960 Speaker 1: and Spotify. Kevin Surre the chief Washington correspondent from Bloomberg 544 00:30:02,000 --> 00:30:09,360 Speaker 1: TV and Radio. You're listening to Bloomberg one. This is 545 00:30:09,400 --> 00:30:14,720 Speaker 1: Bloomberg Sound On with Kevin Shirley on Bloomberg and one 546 00:30:14,760 --> 00:30:18,680 Speaker 1: oh five point seven f m h D two. I'm 547 00:30:18,760 --> 00:30:22,840 Speaker 1: Kevin Cirelli, Chief Washington correspondent from Bloomberg Television and Bloomberg Radio. 548 00:30:23,000 --> 00:30:27,400 Speaker 1: I'm broadcasting live from the Cannon Office Building in the 549 00:30:27,440 --> 00:30:30,920 Speaker 1: House of Representatives. Were in just over an hour, the 550 00:30:30,960 --> 00:30:33,840 Speaker 1: House is likely going to vote on two articles of impeachment. 551 00:30:34,440 --> 00:30:37,760 Speaker 1: We're carefully following all day the back and forth of 552 00:30:37,800 --> 00:30:41,280 Speaker 1: ballmakers who are making their addresses on the floor. My 553 00:30:41,360 --> 00:30:43,480 Speaker 1: guest with me for the hour Tyler Deton, he is 554 00:30:43,520 --> 00:30:47,320 Speaker 1: a Republican insider president of Allegiance Strategy, And Kevin Walling, 555 00:30:47,560 --> 00:30:52,400 Speaker 1: who is a Democratic strategist over at h G Creative Media. 556 00:30:52,440 --> 00:30:54,600 Speaker 1: All right, it's time now for what's on your radar. 557 00:30:55,640 --> 00:30:58,200 Speaker 1: Who wants to go first? I'll go first. I'm happy 558 00:30:58,240 --> 00:31:02,240 Speaker 1: to go first, just an equip change of subjects UM. 559 00:31:02,280 --> 00:31:04,840 Speaker 1: A lot of people know how Congressman Duncan Hunter Jr. 560 00:31:04,840 --> 00:31:08,880 Speaker 1: Has recently pled guilty to campaign finance crimes UM part 561 00:31:08,920 --> 00:31:10,960 Speaker 1: of it as he was using campaign funds to fly 562 00:31:11,040 --> 00:31:13,520 Speaker 1: his pet rabbit back and forth across the country. So 563 00:31:13,600 --> 00:31:16,800 Speaker 1: now he's gonna be resigning after the holidays and he's 564 00:31:16,840 --> 00:31:18,960 Speaker 1: creating an open seat. And this race is gonna have 565 00:31:19,000 --> 00:31:21,200 Speaker 1: a lot of buzz coming into the new year because 566 00:31:21,200 --> 00:31:24,640 Speaker 1: former Congressman Darryl Lisa is trying to come back to 567 00:31:24,760 --> 00:31:27,680 Speaker 1: Congress after previously retiring, and he's running against an up 568 00:31:27,720 --> 00:31:30,840 Speaker 1: and coming younger Republican named Karl Demio who's running in 569 00:31:30,840 --> 00:31:33,240 Speaker 1: that seat, who's actually a gay Republican. And if he 570 00:31:33,960 --> 00:31:36,960 Speaker 1: in San Diego right on the city council like the 571 00:31:37,000 --> 00:31:41,200 Speaker 1: Silicon Valley one who lost, was he on the city 572 00:31:41,240 --> 00:31:45,400 Speaker 1: council or did her license a street fighter? He is 573 00:31:45,600 --> 00:31:49,520 Speaker 1: absolutely war chest. This race is gonna have a lot 574 00:31:49,560 --> 00:31:51,600 Speaker 1: of interest in buzz as we go in because Duncan 575 00:31:51,640 --> 00:31:54,680 Speaker 1: hunter Juniors resignation creating an open seat. It's a safe 576 00:31:54,720 --> 00:31:57,800 Speaker 1: Republican seat. It's a good will play out in the 577 00:31:57,800 --> 00:32:02,239 Speaker 1: primary race. Yeah, we feelded a young guy against him, 578 00:32:02,560 --> 00:32:05,800 Speaker 1: um last cycle that really didn't go anywhere. It raised 579 00:32:05,800 --> 00:32:08,960 Speaker 1: a bunch of money against then Congressman Hunter, but but 580 00:32:09,120 --> 00:32:12,520 Speaker 1: wasn't ultimately successful. All right, interesting, so you've got your 581 00:32:12,520 --> 00:32:14,640 Speaker 1: eye on that race. What's on your radar? Episode on 582 00:32:14,680 --> 00:32:16,920 Speaker 1: my radar, keV is a new piece coming out of 583 00:32:16,920 --> 00:32:19,800 Speaker 1: the Hill this week that I wrote that actually focuses 584 00:32:19,880 --> 00:32:24,200 Speaker 1: on the president standing with independence. We know from exit 585 00:32:24,240 --> 00:32:28,600 Speaker 1: polling in that the President actually one independence about forty 586 00:32:28,640 --> 00:32:33,160 Speaker 1: seven to forty one percent against Secretary Clinton. His approval 587 00:32:33,320 --> 00:32:36,800 Speaker 1: ratings right now UM are underwater with independence, which are 588 00:32:36,800 --> 00:32:39,280 Speaker 1: gonna be crucial. It's about thirty percent of the vote 589 00:32:39,520 --> 00:32:44,840 Speaker 1: that is either independent or unaffiliated, and right now of 590 00:32:44,840 --> 00:32:49,760 Speaker 1: those individuals, um uh disapprove of his job performance. Right now, 591 00:32:49,760 --> 00:32:52,840 Speaker 1: he's down six points in the last foxtionings pole from 592 00:32:52,840 --> 00:32:56,520 Speaker 1: a previous month ago. UM. With independent, specifically on impeachment, 593 00:32:56,720 --> 00:32:58,760 Speaker 1: that's gonna be a crucial voting block. A lot of 594 00:32:58,800 --> 00:33:01,560 Speaker 1: them went from him in the final weeks of sixteen, 595 00:33:01,600 --> 00:33:04,880 Speaker 1: as we remember with the Jim Comey letter against Secretary Clinton. 596 00:33:04,920 --> 00:33:06,959 Speaker 1: He's gonna have to win those folks back. Probably one 597 00:33:06,960 --> 00:33:09,000 Speaker 1: of the reasons why he's going to Battle Creek, Michigan 598 00:33:09,080 --> 00:33:12,600 Speaker 1: tonight for this rally. But see in Speaker Pelosi's defense, 599 00:33:12,720 --> 00:33:15,800 Speaker 1: and I would say this, I don't think she brought 600 00:33:15,920 --> 00:33:19,480 Speaker 1: up this impeachment because she would I don't think she 601 00:33:19,520 --> 00:33:22,160 Speaker 1: thought it would help Democrats politically, but many very well 602 00:33:22,440 --> 00:33:25,440 Speaker 1: she was. She was very hesitant all along. That's all 603 00:33:25,480 --> 00:33:27,000 Speaker 1: I can say in her defense is like, I don't 604 00:33:27,000 --> 00:33:29,160 Speaker 1: think it has helped them politically, and I don't think 605 00:33:29,160 --> 00:33:31,960 Speaker 1: that she ever did it thinking it would help them politically. Yeah, again, 606 00:33:32,000 --> 00:33:34,080 Speaker 1: I think and she's she's always talked to it at 607 00:33:34,080 --> 00:33:36,760 Speaker 1: the times they've called them forward to do this. She's 608 00:33:36,760 --> 00:33:39,520 Speaker 1: always quoting the founders and things like that. So I 609 00:33:39,560 --> 00:33:41,760 Speaker 1: do think you're right. I think she was hesitant all along, right, 610 00:33:42,120 --> 00:33:44,280 Speaker 1: h and kind of holding back the left flank of 611 00:33:44,280 --> 00:33:47,479 Speaker 1: our our party against this. So I think your your 612 00:33:47,480 --> 00:33:50,800 Speaker 1: analysis spout on with the speaker. You know what's what's 613 00:33:50,800 --> 00:33:54,520 Speaker 1: all my radar as as House Financial Services Committee Chairwoman 614 00:33:54,960 --> 00:33:58,360 Speaker 1: Maxine Broders, the Democrat from California, one of the earliest, 615 00:33:58,640 --> 00:34:02,120 Speaker 1: I believe, the earliest voices of impeachment. She's just taken 616 00:34:02,160 --> 00:34:04,760 Speaker 1: the floor of the House of representatives where she is 617 00:34:04,800 --> 00:34:07,960 Speaker 1: saying that the president needs to be impeached. She was 618 00:34:08,000 --> 00:34:11,080 Speaker 1: really one of the first and you know around town 619 00:34:11,560 --> 00:34:14,359 Speaker 1: in the financial services sector, you know, there have been 620 00:34:14,360 --> 00:34:18,520 Speaker 1: many who have openly started questioning whether or not she's 621 00:34:18,560 --> 00:34:22,399 Speaker 1: done enough in terms of organizing her members to help 622 00:34:22,440 --> 00:34:26,800 Speaker 1: them fund raise on the Financial Services Committee to develop 623 00:34:27,080 --> 00:34:30,680 Speaker 1: some significant war chest, or if she's played more into 624 00:34:30,719 --> 00:34:33,120 Speaker 1: the impeachment saga. Kevin, what do you hear about that? Yeah? 625 00:34:33,160 --> 00:34:35,319 Speaker 1: My rito on this is actually, you know, while she's 626 00:34:35,320 --> 00:34:37,680 Speaker 1: outspoken in the media, she actually has a pretty strong 627 00:34:37,719 --> 00:34:40,399 Speaker 1: reputation actually running the committee and has a really good 628 00:34:40,400 --> 00:34:45,800 Speaker 1: relationship with the Republican ranking member financial Services that that 629 00:34:46,080 --> 00:34:49,920 Speaker 1: public personal doesn't match through committee. I haven't heard that 630 00:34:49,960 --> 00:34:52,560 Speaker 1: at all. Well, you and I are talking to different people, 631 00:34:52,560 --> 00:34:55,040 Speaker 1: and I come at it from a different angle. All Right, 632 00:34:55,120 --> 00:34:58,440 Speaker 1: she's been I think an effective chairwoman of that committee. Alright, 633 00:34:58,760 --> 00:35:01,120 Speaker 1: what do you think about Like can confirmed the nature 634 00:35:01,239 --> 00:35:03,680 Speaker 1: of the chairwoman's relationship with the ranking member. But I 635 00:35:03,719 --> 00:35:09,240 Speaker 1: will say that the Republicans on Financial Services are fundraising powerhouses. 636 00:35:09,640 --> 00:35:11,839 Speaker 1: The Democrats aren't. And and listen, I mean, I can't 637 00:35:11,840 --> 00:35:13,600 Speaker 1: believe we're going off on a tangent here. But it 638 00:35:13,680 --> 00:35:16,880 Speaker 1: is interesting. House Financial Services Committee Chairwoman Maxine Water is 639 00:35:16,920 --> 00:35:19,719 Speaker 1: just giving up her floor time there, and there was 640 00:35:19,719 --> 00:35:21,960 Speaker 1: a random of pause when she left the podium in 641 00:35:22,040 --> 00:35:25,160 Speaker 1: sound as she just as she discusses impeachment, one of 642 00:35:25,200 --> 00:35:29,839 Speaker 1: the first voices or earliest voices calling for impeachment. But no, listen. 643 00:35:29,840 --> 00:35:31,880 Speaker 1: I mean, I've spoken with Democrats who say that, you know, 644 00:35:31,960 --> 00:35:34,200 Speaker 1: they're a little frustrated that they haven't been able. So 645 00:35:34,239 --> 00:35:36,680 Speaker 1: it's a fundraise in the way that that the Republicans 646 00:35:36,719 --> 00:35:39,239 Speaker 1: on that committee have been able to do so. But 647 00:35:39,280 --> 00:35:41,319 Speaker 1: that's not what's all my radar U s m c A. 648 00:35:41,440 --> 00:35:45,120 Speaker 1: It's U s m c A. Folks, come on US 649 00:35:46,400 --> 00:35:48,480 Speaker 1: U s m c A, U s m c A 650 00:35:48,600 --> 00:35:51,480 Speaker 1: say that five million times fast. UH is getting a 651 00:35:51,560 --> 00:35:54,560 Speaker 1: vote tomorrow. And I just heard from an aid to 652 00:35:54,760 --> 00:35:57,240 Speaker 1: one of the members who has really been a prominent 653 00:35:57,360 --> 00:36:00,880 Speaker 1: force on us M U S I can't do it. 654 00:36:00,920 --> 00:36:03,600 Speaker 1: That's a two point though, UH. And the vote is 655 00:36:03,719 --> 00:36:09,680 Speaker 1: likely going to happen before noon tomorrow and around eleven 656 00:36:09,719 --> 00:36:14,480 Speaker 1: am New York Times. A vote, well, it's it is. 657 00:36:14,560 --> 00:36:17,920 Speaker 1: It is a massive deal. UH. And I think it 658 00:36:18,040 --> 00:36:21,120 Speaker 1: says something about the moment that we're in in terms 659 00:36:21,120 --> 00:36:24,840 Speaker 1: of the budget getting improved yesterday, tomorrow, us m c 660 00:36:25,040 --> 00:36:29,720 Speaker 1: a uh and and tonight impeachment. Clearly, Speaker Pelosi trying 661 00:36:29,800 --> 00:36:33,080 Speaker 1: to go full steam ahead. Sure, and actually this is 662 00:36:33,120 --> 00:36:35,960 Speaker 1: this is a good thing for modertor Caucus to take 663 00:36:36,000 --> 00:36:39,040 Speaker 1: home with them folks that need to run, saying that 664 00:36:39,200 --> 00:36:41,000 Speaker 1: we work with the president where we can, and we 665 00:36:41,120 --> 00:36:43,680 Speaker 1: pushed back with the President where we need to. So 666 00:36:43,719 --> 00:36:45,960 Speaker 1: this is I think this is a win win obviously 667 00:36:46,040 --> 00:36:48,640 Speaker 1: for the President, for the Democrats in Congress that were 668 00:36:48,760 --> 00:36:53,120 Speaker 1: very influential, especially with Bob Blakheiser or US Trade Representative. 669 00:36:53,320 --> 00:36:56,560 Speaker 1: Speaker Pelosi was with him in UM working on this 670 00:36:56,680 --> 00:36:59,319 Speaker 1: all aspects of the trade deal, especially when it came 671 00:36:59,320 --> 00:37:02,160 Speaker 1: to environment aneral protections and the labor aspects of it. 672 00:37:02,200 --> 00:37:04,240 Speaker 1: So again, I think this is a win win. I won't, 673 00:37:04,280 --> 00:37:08,560 Speaker 1: as Tyler said, make reference to walking and chewing that. 674 00:37:08,560 --> 00:37:11,680 Speaker 1: Now we're gonna end the show with that UM poll numbers. 675 00:37:11,800 --> 00:37:16,200 Speaker 1: Does President Trump get a bump or a hit in 676 00:37:16,280 --> 00:37:19,600 Speaker 1: the in the polls after being impeached. I think I 677 00:37:19,640 --> 00:37:22,520 Speaker 1: think he will take a slight hit because you never 678 00:37:22,520 --> 00:37:25,840 Speaker 1: want to see your last name Nixon and peached, Clinton impeached, 679 00:37:26,360 --> 00:37:29,120 Speaker 1: Trump impeached. I think for for folks that aren't really 680 00:37:29,120 --> 00:37:31,839 Speaker 1: paying attention to this, uh, that is a black mark 681 00:37:31,920 --> 00:37:35,439 Speaker 1: on this president. But of course we'll we'll see time 682 00:37:35,440 --> 00:37:38,000 Speaker 1: will tell. Politics moves on pretty quickly, and we may 683 00:37:38,000 --> 00:37:41,120 Speaker 1: already forget that this president was impeached. Come November. He 684 00:37:41,200 --> 00:37:42,680 Speaker 1: might lose a point or two and then he'll gain 685 00:37:42,719 --> 00:37:44,640 Speaker 1: a point or two when the headlines come out. Send 686 00:37:44,719 --> 00:37:47,680 Speaker 1: it a quit. And this is where we're heading, right. 687 00:37:47,719 --> 00:37:50,120 Speaker 1: It was like everyone has known from day one how 688 00:37:50,120 --> 00:37:52,040 Speaker 1: this was going to play out. Some of the other 689 00:37:52,080 --> 00:37:54,360 Speaker 1: things that I would just set two months ago. I 690 00:37:54,360 --> 00:37:55,800 Speaker 1: didn't know if U s n c A would be 691 00:37:55,840 --> 00:37:57,440 Speaker 1: done by the end of the year. I didn't There 692 00:37:57,480 --> 00:37:59,600 Speaker 1: was actually people floating that it wasn't gonna happen until 693 00:37:59,600 --> 00:38:02,400 Speaker 1: the first order. That's right. Well, and technically the Senate 694 00:38:02,440 --> 00:38:03,799 Speaker 1: is still going to take it up in the new year, 695 00:38:03,800 --> 00:38:05,640 Speaker 1: and that would actually be my one complaint is I 696 00:38:05,719 --> 00:38:08,799 Speaker 1: really wish Senate majority would have gotten their their part 697 00:38:08,800 --> 00:38:11,640 Speaker 1: of U s m c A done this week as well. Well, 698 00:38:11,719 --> 00:38:14,799 Speaker 1: you know, I think I think that is a good point. Um, well, 699 00:38:14,840 --> 00:38:16,759 Speaker 1: here we are impeach, benieve and just an hour and 700 00:38:16,800 --> 00:38:18,200 Speaker 1: a half. I think if it really is exciting, I 701 00:38:18,280 --> 00:38:20,880 Speaker 1: think for your writings. Yeah, well, just being here in 702 00:38:20,880 --> 00:38:23,759 Speaker 1: this road te right, you know, painting the pictures. You know, 703 00:38:23,800 --> 00:38:26,840 Speaker 1: we're sitting and we're standing here. We've got these marble columns, 704 00:38:27,040 --> 00:38:30,200 Speaker 1: were surrounded by every other news network that there is 705 00:38:30,200 --> 00:38:33,000 Speaker 1: a reporting live on the different aspects of this vote 706 00:38:33,000 --> 00:38:35,319 Speaker 1: that's happening right now. And it's I mean, it's just 707 00:38:35,360 --> 00:38:40,160 Speaker 1: an exciting to to sum it up. I mean, Wow, 708 00:38:40,280 --> 00:38:44,400 Speaker 1: that's all I got. Wow. President gets impeached. There's a 709 00:38:44,440 --> 00:38:48,640 Speaker 1: debate tomorrow night, the budgets open, the trade deal gets passed, 710 00:38:49,160 --> 00:38:51,279 Speaker 1: and you know what, the Eagles are gonna beat the Cowboys. There, 711 00:38:51,280 --> 00:38:53,799 Speaker 1: you have it, right, can we just can we do that? 712 00:38:53,840 --> 00:38:57,360 Speaker 1: We're gonna have special coverage of impeachment all throughout the 713 00:38:57,480 --> 00:39:00,200 Speaker 1: night on Bloomberg Television of Bloomberg Radio. We're also going 714 00:39:00,200 --> 00:39:03,120 Speaker 1: to have complete coverage tomorrow. I'll be in l A, 715 00:39:03,320 --> 00:39:06,279 Speaker 1: will be monitoring the Democratic presidential debate, and we will 716 00:39:06,320 --> 00:39:10,080 Speaker 1: also be talking all about the U. S m c 717 00:39:10,320 --> 00:39:14,040 Speaker 1: A passage again, that vote likely before noon. I'm Kevin 718 00:39:14,080 --> 00:39:17,440 Speaker 1: CURIALI my thanks to Tyler Beating, My thanks to Kevin Walling, 719 00:39:17,600 --> 00:39:20,239 Speaker 1: My thanks to you for listening. Drive safe out there, 720 00:39:20,280 --> 00:39:21,800 Speaker 1: everybody you're listening to Bloomberg