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Speaker 1: I'm Joe Matthew in Washington. Welcome to Bloomberg Sound On.

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Speaker 1: President Biden making news, telling Bloomberg White House reporter Nancy

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Speaker 1: Cook that he is convinced that Vladimir Putin has made

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Speaker 1: the decision to invade Ukraine. He went on to describe

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Speaker 1: what he calls misinformation by Russia back separatist claiming Ukraine

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Speaker 1: is planning to attack them, a false justification, as he said,

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Speaker 1: to act against Ukraine. This is what the Biden administration

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Speaker 1: has been warning of, the false flag operation that the

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Speaker 1: President appears to think has already begun. Now. This follows

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Speaker 1: careful messaging earlier in the day by the Biden administration overseas.

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Speaker 1: As we prepare to join a conversation with Angela Stamp,

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Speaker 1: we want to walk you through a bit of what's

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Speaker 1: happened today. Vice President Kamala Harris and Secretary of State

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Speaker 1: Anthony B. Lincoln, both speaking earlier at the Annual Munich

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Speaker 1: Security Conference that you just heard. President Biden referred to

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Speaker 1: Secretary Blincoln as well, says Russia has already begun a

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Speaker 1: false flag operation in Ukraine. We are deeply concerned that

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Speaker 1: that is not the path that Russia has embarked on

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Speaker 1: and that everything that we're seeing, including what you've described

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Speaker 1: in the last hours, is part of a scenario that

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Speaker 1: is already in play of creating uh false provocations. And

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Speaker 1: it brings us to another element of this story today,

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Speaker 1: the Russian backed head of the Donat's rebel government announcing

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Speaker 1: the massive evacuation of that city to Russia for fear

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Speaker 1: of what he alleges will be in attack, as the

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Speaker 1: President said, against the region by the Ukrainian military. Ukraine's

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Speaker 1: military chief earlier seeing it has no intentions and never

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Speaker 1: has of invading separatist controlled areas, certainly not now. This

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Speaker 1: is a very complex situation with enormous room for error

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Speaker 1: as we head into this long weekend. We're joined now

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Speaker 1: by someone Bloomberg has been turning to for her extensive

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Speaker 1: experience and insights, Angela Stent, Professor of Government and Foreign Service,

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Speaker 1: director of the Center for Eurasian, Russian and East European

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Speaker 1: Studies at Georgetown University, also author of Putin's World, Ussia

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Speaker 1: Against the West and with the rest ANGELA, thank you

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Speaker 1: for being here. President Biden seems to know what's going

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Speaker 1: on inside Vladimir Putin's head. He's convinced, as we just

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Speaker 1: heard that there will be an invasion of Ukraine. Do

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Speaker 1: you think he's right, Well, they must have intelligence that

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Speaker 1: leads them to this conclusion. I mean, we've been guessing

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Speaker 1: about this now for weeks, but what they're seeing on

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Speaker 1: the ground and the increase in troops even over the

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Speaker 1: past week plus now everything he described with the Russians

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Speaker 1: accusing the Ukrainians of trying to take back the Donbass region,

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Speaker 1: evacuating or planning to evacuate seven hundred thousand people from

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Speaker 1: those two occupied territories in Ukraine. Because again they claim

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Speaker 1: that there's going to be an attack. I guess that

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Speaker 1: really does lead to the conclusion that they're going to

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Speaker 1: use this as a pretext. I think one rule of

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Speaker 1: some when you listen to what the Russians say is

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Speaker 1: they often accuse other people of doing what they themselves

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Speaker 1: are going to do. Fascinating. It's just interesting that the

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Speaker 1: White House has been projecting this, predicting this for a

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Speaker 1: couple of weeks now, maybe more the idea of a

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Speaker 1: false flag. We heard about the video, the fake video

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Speaker 1: that they might put together. Now more recently in these

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Speaker 1: Russia separatist controlled areas, the increase in accounts of breaking

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Speaker 1: the cease fire. Is this how whether this is it

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Speaker 1: or maybe it comes later, Angela, is this how it begins?

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Speaker 1: I mean, it certainly could. And I also have just

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Speaker 1: read accounts that they explosives. Explosives have been placed in

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Speaker 1: various around various public buildings in those occupied territories, which again,

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Speaker 1: if they went off, they would accuse the Ukrainians of terrorism.

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Speaker 1: This is how it could begin. So why would Vladimir

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Speaker 1: Putin do that? Why why go ahead and do that

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Speaker 1: when everyone's already told the world that it was going

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Speaker 1: to happen. The White House strategy was get ahead of this,

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Speaker 1: prevented from happening by by by exposing our intelligence. Yet

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Speaker 1: Vladimir Putin is gonna still continue to play the greatest

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Speaker 1: hits no matter what we expect, Well, you know we will.

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Speaker 1: We always wondered whether all of these ultimatums that were

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Speaker 1: given to the West were just deployed, and we we've

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Speaker 1: just had the Russians again say you didn't meet our

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Speaker 1: demands um, and this is now an excuse to doing

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Speaker 1: what they're doing. On the other hand, it's still some

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Speaker 1: mixed signals, right, they're still saying the Secretary B. Lincoln

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Speaker 1: and Minister I've rather going to meet on Fabru or

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Speaker 1: the B. Lincoln made clear that that's only going to

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Speaker 1: happen if there's no war. So and they're still saying

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Speaker 1: that they don't intend to attack, so they're they're really

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Speaker 1: ramping up the tension, they're ramping up the uncertainty about

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Speaker 1: what they're doing. And this could still be part of

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Speaker 1: the bluff, but if so, it's a pretty expensive bluff

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Speaker 1: and also a very dangerous bluff since we're now in

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Speaker 1: the situation where we've had showing of buildings and uh um,

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Speaker 1: and some deaths as well. What do you expect this

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Speaker 1: weekend and what is the gain of an invasion at

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Speaker 1: this stage after this much time in the standoff? Vladimir

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Speaker 1: Putin has the whole world waiting and listening to him

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Speaker 1: as he apparently wanted. Doesn't he lose that the moment

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Speaker 1: he invades. Of course he does, um. But if his

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Speaker 1: goal is to subdue Ukraine, to control it, to get

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Speaker 1: a government in Ukraine that's pro Russian and that gives

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Speaker 1: up any dream of moving westward, then this is that

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Speaker 1: would be the first step in doing that. Now it

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Speaker 1: could be extremely costly. I don't think Russia does not

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Speaker 1: have enough troops surrounding Ukraine to actually occupy Ukraine. You'd

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Speaker 1: need hundreds of thousands of troops more than that, but

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Speaker 1: you could deliver a major military blow both in the

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Speaker 1: don Vase region but also to Kive Um. And if

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Speaker 1: that overrides any hope of negotiating with the West, that's

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Speaker 1: what they're going to do. Tell me more about what

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Speaker 1: we just heard from President Biden, his posture and the

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Speaker 1: way that we've heard messaging coming from this White House,

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Speaker 1: not just here in Washington, but also from Munich today

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Speaker 1: with with great coordination. To hear the President as we

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Speaker 1: head into this weekend say that Vladimir Putin has made

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Speaker 1: up his mind and to suggest punishing sanctions are about

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Speaker 1: to be imposed. Does that affect the conversation or any

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Speaker 1: decision making by Vladimir Putin so far? Well, so far,

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Speaker 1: I don't think the talk of sanctions has really had

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Speaker 1: any impact on him. Um. It is like President Biden

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Speaker 1: stressed unity, and we've had unity. Um. And I want

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Speaker 1: to assumes if there were a major invasion like the

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Speaker 1: one that President Biden was talking about, there would be

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Speaker 1: massive sanctions from the the US and many European allies

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Speaker 1: would go along with some of them. I mean the

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Speaker 1: German Foreign Minister today at Munich suggested that Germany would

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Speaker 1: go along with those sanctions where there to be, you know,

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Speaker 1: a massive invasion like that. So the messages unity, I'm

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Speaker 1: more skeptical about, you know, in the longer run, how

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Speaker 1: how much that unity would last in terms of sanctions,

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Speaker 1: because you know, sanctioning major Russian banks and things like

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Speaker 1: that um is going to affect our European allies more

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Speaker 1: than it's going to affect us, and it's going to

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Speaker 1: affect them quite badly. Speak to me more about that,

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Speaker 1: Angela Stent, because there's there's so much vague conversation coming

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Speaker 1: out of the government here about sanctions. We're not going

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Speaker 1: to get a bill out of the Senate, and it's

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Speaker 1: difficult to understand what exactly the White House and Treasury

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Speaker 1: are prepared to do. Whether it's kicking Russia out of

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Speaker 1: the Swift network as we've heard from time to time,

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Speaker 1: we're directly targeting Vladimir Putin. Is there a way that

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Speaker 1: they can do that and and try to to to

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Speaker 1: to silo our European allies from the damage so that

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Speaker 1: nobody's really talking about throwing Russia out of the Swift

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Speaker 1: system anymore. But they are talking about sanctioning these two

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Speaker 1: or three major banks in Russia. And my understanding is

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Speaker 1: that they are would be some carve outs for some

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Speaker 1: companies and countries and dealing with that because it be

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Speaker 1: sanctioned the major banks with which you know a lot

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Speaker 1: of European countries do a lot of business. Um, that

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Speaker 1: really hurts them badly too. So there could be that

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Speaker 1: this gets very complicated, but there could be some card outs.

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Speaker 1: And then export controls that's something else that we hear

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Speaker 1: from treasuring the White House, uh not, you know, semiconductor

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Speaker 1: parts making it more difficult for you know, the Russian

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Speaker 1: industrial sector to function. UM. So why ranging export controls?

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Speaker 1: Um sanctions on individuals people you know close to putin

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Speaker 1: with bank accounts in the West. But we've already had

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Speaker 1: that since and that doesn't seem to have had much

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Speaker 1: of an impact on the policy. Um. And then the

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Speaker 1: last one is sanctioning the Russian energy industry, which I

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Speaker 1: think isn't some of those congressional bills, but that I

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Speaker 1: think it's very hard to imagine that they could pull

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Speaker 1: that off, Angela, we're out of time, but I have

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Speaker 1: to ask you what I heard you asked on Bloomberg

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Speaker 1: surveillance just about a week or two ago, and that

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Speaker 1: is is Vladimir Putin winning in? You know, it appears

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Speaker 1: at the moment that he is winning. Because I was

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Speaker 1: afraid you were going to say that. That was your

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Speaker 1: answer a week or two ago. Angela's stand Professor of

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Speaker 1: Government Foreign Service, director of the Center for Eurasian, Russian,

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Speaker 1: East European Studies at Georgetown, her book Putin's World. I

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Speaker 1: guess we're just living in it. Thanks Angela for being

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Speaker 1: with us. We assemble the panel next Rick and Jeanie,

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Speaker 1: our signature panel on a Friday. I'm Joe Matthew and

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Speaker 1: this is Bloombird. You know, it's ironic that what Mr

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Speaker 1: Putin did not want to see happen was a stronger

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Speaker 1: NATO on his fright, and that's exactly what he will

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Speaker 1: see going forward. Stop kissed it ere about the intention

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Speaker 1: of Russian in the region. There's only one country, one

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Speaker 1: country with a hundred fifty thousand troops on the border

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Speaker 1: poised to attack, and that country is Russia. True, think

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Speaker 1: about our security con national security and also true if

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Speaker 1: our troops where we believe the important there is only

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Speaker 1: one country, one country making threats here it is Russian.

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Speaker 1: Thanks for joining us the Friday edition of Bloomberg Sound

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Speaker 1: on the fastest hour in politics, with deep concerns about

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Speaker 1: what's going to happen over this looming weekend. Here I'm Joe,

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Speaker 1: Matthew and Washington as we assemble the panel with headlines

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Speaker 1: crossing the terminal based on what we heard live together

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Speaker 1: from President Biden in the last hour. Biden says, convinced

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Speaker 1: that Putin has decided to invade Ukraine. The question came

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Speaker 1: from Bloomberg's own Nancy Cook, the first question asked today

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Speaker 1: in the Roosevelt Room at the White House, and we've

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Speaker 1: got the signature panel with us. I'd love to hear

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Speaker 1: what everyone thinks about this, Bloomberg Politics contributors Jeannie Chanzano

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Speaker 1: and Rick Davis Genie to have the President come out

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Speaker 1: and say that he is now convinced. We've been hearing

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Speaker 1: warnings from this White House for weeks that an attack,

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Speaker 1: an invasion of some sort could be imminent. They're they're

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Speaker 1: leaning all the way into this now, why not just

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Speaker 1: add the sanctions well that that's a big question. I think,

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Speaker 1: what a sobering assessment by the president. And you know,

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Speaker 1: as we head into this President's Day weekend in the

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Speaker 1: United States, and I think what was particularly chilling was

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Speaker 1: he said that they will target or the United States

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Speaker 1: believes that they will target the Ukrainian capital and this

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Speaker 1: is coming, you know, not that long after we heard

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Speaker 1: the Ukrainian Defense Minister continue to say that they don't

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Speaker 1: believe that some of this is as imminent or likely

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Speaker 1: as the United States is saying. So, you know, I

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Speaker 1: think one of the big questions is, you know, what

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Speaker 1: is the intelligence that's a leading to this conclusion. Well,

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Speaker 1: the Olympics are over, Rick, I guess a couple of

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Speaker 1: weeks ago, that was the idea that that Putin would

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Speaker 1: would wait for the Olympics to wrap up here, and

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Speaker 1: we're already seeing signs, according to the Administration, of this

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Speaker 1: false flag operation beginning. So is this it? It could be.

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Speaker 1: I mean, I certainly believe when the President United States

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Speaker 1: tells us that Vladimir Putin has decided to invade and

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Speaker 1: his intelligence is accurate, I mean, we hope this time

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Speaker 1: intelligence would be wrong. But um uh, certainly he sounded

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Speaker 1: like he had a lot of conviction around it. So, look,

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Speaker 1: we've been wondering when somebody was going to actually say

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Speaker 1: the obvious, which is Vladimir Putin actually gets to do

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Speaker 1: whatever he wants to do. The sanction threat has not

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Speaker 1: kept him from deploying additional forces and ratcheting up the psychops.

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Speaker 1: And and that's where we find ourselves today. Well, you know,

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Speaker 1: I'm just watching the room as we were looking at

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Speaker 1: the cameras here, Rick, before the President came out, and

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Speaker 1: you've got the podium in the two doors you know,

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Speaker 1: where he was in the White House, and you're just

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Speaker 1: imagining what is happening behind those closed doors. We will

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Speaker 1: unless you're in the room. Let's say he's in the

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Speaker 1: Oval office, you have no idea what he's hearing. And

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Speaker 1: in many cases, uh, it's things that would that would

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Speaker 1: but would terrify you. He knows so much more than

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Speaker 1: we do about this. Uh. He's staying at the White

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Speaker 1: House this weekend, and I know part of that is

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Speaker 1: to work on the State of the Union address, Rick,

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Speaker 1: But is it is this an up all night kind

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Speaker 1: of weekend at the White House planning for contingencies? Yeah,

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Speaker 1: this is the actual three am call that we always

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Speaker 1: talk about in politics. Is the president ready to take one?

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Speaker 1: And what will they do? He'll spend time in the

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Speaker 1: situation room. This is what will connect him to his

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Speaker 1: national security foreign policy team that are spread out all

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Speaker 1: over Europe right now. I mean, these aren't people huddled

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Speaker 1: around with him right now. They're actually the shock troops

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Speaker 1: in Europe trying to keep NATO together and apply as

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Speaker 1: much pressure as they can to UH to Russia to

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Speaker 1: try and get an outcome here that is anything short

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Speaker 1: of war. He's his Vice President Genie in Munich, along

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Speaker 1: with the Secretary of State, this in the Secretary Defense,

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Speaker 1: also deployed overseas. UH. It does feel like this administration

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Speaker 1: is about as spread out as it can be in conversations,

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Speaker 1: active conversations with our allies. It's a peculiar footprint to

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Speaker 1: have right now. If if this invasion begins, having everyone

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Speaker 1: spread around the world, that's right. And you know, it's

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Speaker 1: fascinating also because while President Biden is going to be

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Speaker 1: staying at the White House this weekend, the United States

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Speaker 1: has been pressing the President of the ukraine' Zelensky to

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Speaker 1: stay in Keith, and yet he has still said, and

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Speaker 1: this could change that he's going to travel to the

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Speaker 1: security conference. He wants to show that life continues as

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Speaker 1: normal and they aren't panicking. So there's quite a juxtaposition

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Speaker 1: there between what President Biden is planning to do and

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Speaker 1: what President Zelenski has said at least that he will do.

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Speaker 1: And again that could change any moment, of course, but

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Speaker 1: you know, it suggests what has been this real sort

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Speaker 1: of divergence between the West and the United States versus Ukraine,

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Speaker 1: and they're sort of attempt to show that this is

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Speaker 1: you know, life goes on as somewhat normal, even now

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Speaker 1: as we see all of this shelling and bombing that's

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Speaker 1: occurring on the eastern flank. Yeah, these headlines are really

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Speaker 1: something rick more than forty violations of the ceasefire agreement yesterday. Apparently,

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Speaker 1: what are you going to be watching for in the

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Speaker 1: next couple of days to tell the difference between this

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Speaker 1: and what actually could be the prelude or the the

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Speaker 1: initial phases of an invasion. Well, it's it's it's difficult,

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Speaker 1: right because Russia has gotten very good at creating disinformation

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Speaker 1: all over the world, and we're getting it here too.

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Speaker 1: Write I mean, our internet is full of false reports

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Speaker 1: on attacks within the Russian community, living in donuts in

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Speaker 1: other places by the Ukrainian So it's gonna be very

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Speaker 1: hard to tell what the trigger is. And I don't

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Speaker 1: think any event will actually trigger this. It's just whatever

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Speaker 1: Vladimir Putin's timetable is key places go. It's a concern

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Speaker 1: when you don't have the intels on the ground either

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Speaker 1: to tell us what's happening in real time. Rick and

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Speaker 1: Jeanie will be with us for the hour on sound

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Speaker 1: on coming up, Russian Ukraine or not the only things

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Speaker 1: on the President's mind right now, as we'll discuss with Bloomberg,

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Speaker 1: Supreme Court reporter Greg Store, this is Bloomberg the Russia

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Speaker 1: Ukraine conversation, maybe keeping the lights on late at the

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Speaker 1: light of the White House, but it's not the only

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Speaker 1: one happening in the executive mansion. Reporters have been trying

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Speaker 1: for days to get clues on President Biden's process of

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Speaker 1: picking a Supreme Court nominee, and today was no exception.

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Speaker 1: You accidentally leave off of the week ahead the President's

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Speaker 1: interviews of Supreme Court Supreme Court candidates very good. I

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Speaker 1: was like, I'm thinking, maybe I left something off Uh, well,

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Speaker 1: I can tell you that um February is not that

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Speaker 1: much longer. It's ten days if my math is correct. Uh.

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Speaker 1: And we remain on track to to make an announcement

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Speaker 1: about of sup the president selection for a qualified, incredible

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Speaker 1: nominee to serve on the Supreme Court before the end

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Speaker 1: of the month. For the end of the month, White

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Speaker 1: House Press Secretary Jansaki having a little fun with reporters

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Speaker 1: but also making news in a way. President Biden says, well, yeah,

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Speaker 1: we're gonna make good on the pledge to announce a

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Speaker 1: choice by the end of February, and of course, the

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Speaker 1: State of the Union March one appears to be a

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Speaker 1: very real deadline for the administration to make that happen.

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Speaker 1: Maybe that nominee will be invited to the big speech.

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Speaker 1: Let's talk about the process though the shortlist. Remind ourselves

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Speaker 1: where we are. What's happened since then? With Bloomberg Supreme

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Speaker 1: Court reporter Greg Store, It's great to have you here, Greg.

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Speaker 1: Everyone's been asking about the interview process. The White House

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Speaker 1: won't even tell us about this. This has been a

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Speaker 1: fairly leakproof operation. Is that what you have found? Yeah,

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Speaker 1: they're certainly keeping their cards close to their vestum. That said,

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Speaker 1: the three names that were uh sort of understood to

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Speaker 1: be at the top of the list still seem to

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Speaker 1: be the same three names, and that is Judge Kanji

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Speaker 1: Brown Jackson, California Supreme Court Justice Leandre Krueger, and bo

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Speaker 1: District Judge Michelle Child's. Uh, those three all have different

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Speaker 1: backers and different arguments in favor of them, and uh,

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Speaker 1: chances are, it seems, by the end of the month,

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Speaker 1: the President will nominate one of those three. Be an

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Speaker 1: interesting process once this goes public. Uh do you think,

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Speaker 1: by the way that the president knows his pick yet?

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Speaker 1: I mean, are we really in the still in the

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Speaker 1: throes of deciding this or is it more greg about

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Speaker 1: announcing it. Well, you know, the President has we know

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Speaker 1: he has met with at least one of the those

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Speaker 1: top three in a in a different capacity. When Kittanji

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Speaker 1: Brown Jackson was up to be not for nomination to

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Speaker 1: the Federal Appeals Court, President Biden met with her then. Uh,

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Speaker 1: this was last year, so he at least knows her

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Speaker 1: um and may well know that he would be comfortable

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Speaker 1: nominating her to the Supreme Court. Uh, it's hard to

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Speaker 1: imagine that he would uh have his mindset on somebody

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Speaker 1: he hasn't met with yet. But but if if, if,

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Speaker 1: indeed he's thinking about her, he may well have a

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Speaker 1: pretty good idea. It's gonna be interesting, as I mentioned,

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Speaker 1: once this goes public, because the introduction process begins, and

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Speaker 1: then you know, all of the opposition research and everything else.

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Speaker 1: The media battles begin Before we get to that point, though,

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Speaker 1: there are conversations greg underway between the White House and

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Speaker 1: and certain members of the Senate leadership. How much of

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Speaker 1: a sense to lawmakers have about where the president might

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Speaker 1: be in the process? Are they in the is in

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Speaker 1: the dark as we are? It seems like they might be,

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Speaker 1: at least in terms of who the President's choice is

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Speaker 1: going to be. In terms of the schedule, Uh. Dick Durbin,

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Speaker 1: who's the chairman of the Senate Judiciary Committee which would

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Speaker 1: take up the nomination, has been pushing to have a

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Speaker 1: time frame that would the Senate confirm somebody by the

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Speaker 1: Easter recess, so basically the first week of April. Um

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Speaker 1: and Democrats and Republicans seem to think that the White

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Speaker 1: House is going to be moving on a pretty fast schedule. Well,

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Speaker 1: imagining that my goodness to keep this in a compressed

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Speaker 1: period of time while we're dealing with the Russia Ukraine matter,

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Speaker 1: while the President has his own domestic agenda, is actually

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Speaker 1: going to take some effort here. What kind of an

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Speaker 1: apparatus within the administration is in charge of this? Greg

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Speaker 1: is there? You know? Is there a war room set

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Speaker 1: up somewhere where there's a staff that's dedicated to just

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Speaker 1: this project. Yeah, Well, White House Council Dana Remus has

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Speaker 1: been heading up this this effort. Uh. White House Chief

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Speaker 1: of Staff Rod and Klein is has a good deal

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Speaker 1: of experience with this sort of thing in in previous

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Speaker 1: Supreme Court nominations in different capacities. Uh. They have someone

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Speaker 1: a former Senator Doug Jones set up to be her

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Speaker 1: so called sher brother, take her around the Senate and

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Speaker 1: no question, this will be a big push by the

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Speaker 1: White House. Michelle Childs was apparently getting a big push

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Speaker 1: from Congressman Clyburn. There was a lot of writing about

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Speaker 1: that at the time, of course, saying suggesting that this

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Speaker 1: was some sort of payback for essentially helping Joe Biden

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Speaker 1: get the nomination with that South Carolina primary. But the

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Speaker 1: White House has gone out of its way, Greg to

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Speaker 1: say that the President will not be moved by lobbying

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Speaker 1: efforts by other people calling him, and Cliburn himself said,

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Speaker 1: you know, I'm not I'm not putting up any ultimatums.

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Speaker 1: Do we have a sense then, where how how these

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Speaker 1: names stack up? Catangi Brown Jackson was the first one

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Speaker 1: we heard. Leandre Krueger Michelle Childs both came shortly afterwards

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Speaker 1: that we heard about the big push from Clyburn. If

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Speaker 1: if there's no real, uh, sort of lobbying effort like

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Speaker 1: that going on, where do we think this list is

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Speaker 1: in President Biden's head? Well? A couple of points. First

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Speaker 1: of all, Michelle child is the one nominee the White

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Speaker 1: House had suplicitly mentioned. They mentioned her when her hearing

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Speaker 1: to be a Federal Appeals Court judge was put off.

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Speaker 1: They they made clear that she was in the mix

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Speaker 1: for a potential Supreme Court nomination. To time, bron Jackson

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Speaker 1: does have kind of an ace up her sleeve, which

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Speaker 1: is that she has been confirmed by the Senate very recently,

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Speaker 1: and that is something a number of Senators have mentioned

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Speaker 1: that and said that they that they know the President

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Speaker 1: is aware. With three Republicans, if I remember right, yes,

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Speaker 1: with three Republicans voting in her favor, that that is

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Speaker 1: something that can give everybody some assurance that she can

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Speaker 1: get confirmed here and maybe get confirmed with a few

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Speaker 1: Republican votes. Leander Krueger, California Supreme Court justice. Very well regarded,

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Speaker 1: but doesn't have that particular factor, and so in some

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Speaker 1: respects she's a bit more of an unknown at least

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Speaker 1: in terms of the confirmation process. Michelle Child, Scott, Lindsey Graham.

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Speaker 1: Maybe there's one Republican there, correct, Lindsey Graham and Tim

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Speaker 1: Scott has spoken very fair probably of her as well.

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Speaker 1: She is from South Carolina and so those are her

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Speaker 1: home state senors. A couple of things to consider as

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Speaker 1: we prepared for this announcement. Could be by the end

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Speaker 1: of next week, maybe the day before. The state of

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Speaker 1: the Union will find out, and of course we'll be

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Speaker 1: in touch with Gregg Store Bloomberg Supreme Court reporter, who

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Speaker 1: certainly knows what he's talking about. We'll reassemble the panel

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Speaker 1: get their take on this next Rick and Genie or

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Speaker 1: with us on a Friday on Bloomberg Sound On. I'm

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Speaker 1: Joe Matthew. This is Bloomberg. This is Bloomberg So Long

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Speaker 1: with Joe Matthew on Bloomberg Radio. Well, it will be

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Speaker 1: a thinking weekend for President Biden, thinking and working with

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Speaker 1: not only the Russia Ukraine crisis to manage, but a

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Speaker 1: State of the Union addressed to begin preparing for. He's

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Speaker 1: got about a week to go here, and as we

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Speaker 1: just discussed with Greg Store, a Supreme Court nominee to pick,

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Speaker 1: let's reassemble the panel with Bloomberg Politics contributors Jeannie Shenzo

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Speaker 1: and Rick Davis. Rick, I'm curious about the role out here.

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Speaker 1: Obviously we can't get into Joe Biden's brain right now,

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Speaker 1: but you've been part of major political announcements. How do

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Speaker 1: you handle this one? If you're advising the president noting

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Speaker 1: the environment that we're in and the speech that's coming,

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Speaker 1: do you get this out a couple of days before

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Speaker 1: the State of the Union. Do you hold an event

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Speaker 1: which is the two of them? How should work? You know,

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Speaker 1: it's interesting that he's taken the approach that he's taking

431
00:24:22,600 --> 00:24:25,520
Speaker 1: to keep it secret the process so far, many presidents

432
00:24:25,560 --> 00:24:27,920
Speaker 1: in the past have actually taken the opportunity to really

433
00:24:28,320 --> 00:24:31,679
Speaker 1: showcase their leadership by you know, bringing in people to

434
00:24:31,800 --> 00:24:34,359
Speaker 1: interview and having them come to the White House or

435
00:24:34,520 --> 00:24:36,879
Speaker 1: go to Camp David and spend a weekend. In other words,

436
00:24:37,119 --> 00:24:40,480
Speaker 1: you know the recruitment process, right, and the diligence, and

437
00:24:40,480 --> 00:24:43,080
Speaker 1: and this administration shows just to keep it bottled up,

438
00:24:43,119 --> 00:24:46,679
Speaker 1: which I think is fascinating, especially it is over the

439
00:24:46,680 --> 00:24:48,480
Speaker 1: fact that they've really wanted to make a big deal

440
00:24:48,480 --> 00:24:52,520
Speaker 1: about their appointing the first black woman to the Federal Court. Um.

441
00:24:52,680 --> 00:24:55,119
Speaker 1: But then again, they're gonna want to take an opportunity

442
00:24:55,119 --> 00:24:57,879
Speaker 1: to make it big, and I can't imagine a scenario

443
00:24:58,240 --> 00:25:00,480
Speaker 1: where they would want this out before or the State

444
00:25:00,520 --> 00:25:03,159
Speaker 1: of the Union. I wouldn't be shocked that that he

445
00:25:03,200 --> 00:25:06,080
Speaker 1: would want whoever the nominee is to be in the

446
00:25:06,119 --> 00:25:08,760
Speaker 1: hall when he actually points out, here's who I'm going

447
00:25:08,800 --> 00:25:10,720
Speaker 1: to put on the Supreme Court. So so you think

448
00:25:10,720 --> 00:25:13,400
Speaker 1: he announces it that night, I think that was That's

449
00:25:13,480 --> 00:25:17,920
Speaker 1: certainly what other presidents have done with identifying key leaders

450
00:25:17,960 --> 00:25:21,080
Speaker 1: in their community, heroes of the country. Uh, this is

451
00:25:21,119 --> 00:25:24,399
Speaker 1: a well worn concept around State of the Unions, and

452
00:25:24,440 --> 00:25:26,119
Speaker 1: I can't imagine that he wouldn't want to do the

453
00:25:26,119 --> 00:25:28,359
Speaker 1: same thing that night. What more do you want coming

454
00:25:28,359 --> 00:25:31,000
Speaker 1: out of that news and then uh, here's my pick

455
00:25:31,119 --> 00:25:35,120
Speaker 1: for historically significant seat on this on the Supreme Court.

456
00:25:35,240 --> 00:25:37,320
Speaker 1: What do you think, Jennie, that it would be high

457
00:25:37,400 --> 00:25:41,359
Speaker 1: drama in an in an otherwise for some people, very

458
00:25:41,400 --> 00:25:45,840
Speaker 1: long speech, half of which applies to them. Think that's

459
00:25:45,920 --> 00:25:47,640
Speaker 1: right and one of the best nights in the year,

460
00:25:47,720 --> 00:25:50,680
Speaker 1: Joe Matthew State of the Union night, the super Bowl

461
00:25:50,720 --> 00:25:53,520
Speaker 1: of politics. But if you're talking about people sitting at home,

462
00:25:53,560 --> 00:25:55,000
Speaker 1: you know, look, that would that would shake him a

463
00:25:55,040 --> 00:25:57,800
Speaker 1: little bit, It would shake them, you know. I I

464
00:25:58,680 --> 00:26:01,399
Speaker 1: hate to disagree with my great Frienderick Davis, but I

465
00:26:01,440 --> 00:26:04,159
Speaker 1: would not um. Although I do it a lot, I

466
00:26:04,240 --> 00:26:06,760
Speaker 1: would not do it at the State of the Union.

467
00:26:06,840 --> 00:26:10,080
Speaker 1: And because of the politicization of the Supreme Court in

468
00:26:10,080 --> 00:26:13,880
Speaker 1: the federal judiciary, it's something that Joe Biden takes very seriously.

469
00:26:13,880 --> 00:26:17,119
Speaker 1: It's something the Supreme Court justices left right and center

470
00:26:17,359 --> 00:26:20,600
Speaker 1: do take seriously, and should many of them, not all

471
00:26:20,640 --> 00:26:23,399
Speaker 1: of them these days, they used to all attend. And

472
00:26:23,520 --> 00:26:28,320
Speaker 1: the idea that he would showcase his nominee at that event,

473
00:26:28,400 --> 00:26:31,359
Speaker 1: to me would not be something that I would want

474
00:26:31,400 --> 00:26:34,680
Speaker 1: to see um as a political scientist or a citizen.

475
00:26:35,000 --> 00:26:38,240
Speaker 1: He may do it. I think most importantly, he vets

476
00:26:38,280 --> 00:26:42,080
Speaker 1: his candidates very very carefully, and he puts forward as

477
00:26:42,200 --> 00:26:45,399
Speaker 1: somebody in the time frame he committed to who has,

478
00:26:45,640 --> 00:26:50,600
Speaker 1: you know, credentials, who that are unassailable, and who is respected,

479
00:26:50,640 --> 00:26:53,600
Speaker 1: and who meets the the requirements he has laid out.

480
00:26:53,640 --> 00:26:56,200
Speaker 1: What do you make of the secrecy genie that Rick

481
00:26:56,280 --> 00:26:58,679
Speaker 1: points out here and we can't even get an answer

482
00:26:58,680 --> 00:27:01,320
Speaker 1: out of Press Secretary gen Saki about whether they've all

483
00:27:01,359 --> 00:27:05,080
Speaker 1: been interviewed, never mind uh any other names that we

484
00:27:05,160 --> 00:27:08,160
Speaker 1: haven't heard of. I do think that is curious, um.

485
00:27:08,240 --> 00:27:10,760
Speaker 1: And and you know, I think this is a little

486
00:27:10,760 --> 00:27:13,359
Speaker 1: bit as to how the administration has been in some ways.

487
00:27:13,480 --> 00:27:17,040
Speaker 1: That said, both this administration and the Trump administration have

488
00:27:17,160 --> 00:27:20,159
Speaker 1: been wildly successful in terms of their appointments to the

489
00:27:20,160 --> 00:27:23,040
Speaker 1: federal bench. And so if there's an area in which

490
00:27:23,119 --> 00:27:26,439
Speaker 1: they have done well, it's this. So you know, I

491
00:27:26,480 --> 00:27:28,720
Speaker 1: wouldn't question it at this point too much, but it

492
00:27:28,840 --> 00:27:31,080
Speaker 1: is curious they're keeping it under wraps. I can only

493
00:27:31,119 --> 00:27:34,560
Speaker 1: imagine it's because when they do have a stand up

494
00:27:34,640 --> 00:27:37,640
Speaker 1: with whoever this woman is and the president, they want

495
00:27:37,640 --> 00:27:39,560
Speaker 1: to go big and they want to make big news

496
00:27:39,560 --> 00:27:41,760
Speaker 1: on that. Rick does it make you believe that this

497
00:27:41,920 --> 00:27:44,400
Speaker 1: is the short list, since we've heard nothing about them

498
00:27:44,400 --> 00:27:46,680
Speaker 1: really from the White House, seen anyone walking in or

499
00:27:46,680 --> 00:27:48,240
Speaker 1: out of the West Wing, that these are the three

500
00:27:48,359 --> 00:27:51,680
Speaker 1: names that he is actually going to be choosing from. Yeah,

501
00:27:51,800 --> 00:27:53,560
Speaker 1: I would think so. I mean, he's kind of the

502
00:27:53,680 --> 00:27:56,040
Speaker 1: What you see is what you get president. I can't

503
00:27:56,040 --> 00:27:58,439
Speaker 1: imagine them throwing a curveball in here, and and by

504
00:27:58,480 --> 00:27:59,960
Speaker 1: the way, I mean, it's not going to help their

505
00:28:00,040 --> 00:28:03,879
Speaker 1: case on Capitol Hill. Uh if if they throw somebody

506
00:28:03,880 --> 00:28:05,880
Speaker 1: in the mix who has never who has never been

507
00:28:05,920 --> 00:28:10,040
Speaker 1: talked about, I can't imagine it's gonna please senators who

508
00:28:10,080 --> 00:28:13,200
Speaker 1: he is already talking to, especially Republicans, that he's gonna

509
00:28:13,240 --> 00:28:15,720
Speaker 1: make a solid pick, and they've got these names in

510
00:28:15,760 --> 00:28:18,600
Speaker 1: their mind, and he shows up with somebody different after

511
00:28:18,640 --> 00:28:22,240
Speaker 1: what we saw at the hearing. The vote scheduled for

512
00:28:22,240 --> 00:28:24,359
Speaker 1: earlier this week. By the way, we haven't really talked

513
00:28:24,400 --> 00:28:27,679
Speaker 1: about this hasn't gotten much coverage since Tuesday, but there

514
00:28:27,680 --> 00:28:30,600
Speaker 1: were supposed to be five nominees to the Federal Reserve

515
00:28:31,080 --> 00:28:34,200
Speaker 1: getting a vote in the Banking Committee this week. Republicans

516
00:28:34,280 --> 00:28:37,360
Speaker 1: boycotted that event. We talked to Senator Bill Haggerty here

517
00:28:37,359 --> 00:28:40,640
Speaker 1: about it. Pretty high drama. Uh, it'll come back around,

518
00:28:40,680 --> 00:28:42,840
Speaker 1: although I have no idea how or when. And that's

519
00:28:42,840 --> 00:28:45,120
Speaker 1: another question I'll have for you guys. But is there

520
00:28:45,120 --> 00:28:48,480
Speaker 1: a chance that happens, as noted in punch Bowl this morning,

521
00:28:48,480 --> 00:28:50,720
Speaker 1: that happens on the Judiciary Committee when they go to

522
00:28:50,800 --> 00:28:54,480
Speaker 1: vote on a Democratic Supreme Court nominee. What do you think, Rick?

523
00:28:55,320 --> 00:28:57,440
Speaker 1: You know, look, it's a possibility. I mean, the use

524
00:28:57,520 --> 00:29:00,680
Speaker 1: of a quorum is uh is is kind of the

525
00:29:00,800 --> 00:29:03,600
Speaker 1: delaying tactic. It doesn't really kill anything, right, It's not

526
00:29:03,640 --> 00:29:05,680
Speaker 1: like you've you've taken a vote. But when when you

527
00:29:05,680 --> 00:29:08,080
Speaker 1: have people like Lindsey Graham on there, like if it's child,

528
00:29:08,320 --> 00:29:11,560
Speaker 1: he's not gonna walk and uh. And so you know,

529
00:29:11,600 --> 00:29:13,880
Speaker 1: there are a number of Republicans I would say, you

530
00:29:13,920 --> 00:29:17,120
Speaker 1: know himself, till Us Sass who are on that committee

531
00:29:17,120 --> 00:29:20,840
Speaker 1: who would probably not be willing to make stuff like that. Right. Yeah,

532
00:29:20,880 --> 00:29:22,600
Speaker 1: what do you think, Genie? Is that going to become

533
00:29:22,640 --> 00:29:26,280
Speaker 1: the norm for the nominating process? You have people walking

534
00:29:26,280 --> 00:29:28,920
Speaker 1: out of these hearings. We've seen it on both sides,

535
00:29:28,960 --> 00:29:31,760
Speaker 1: Democrats and Republicans have done this. Not at the Supreme

536
00:29:31,800 --> 00:29:34,479
Speaker 1: Court nominee level, but they have done it for lower

537
00:29:34,560 --> 00:29:37,760
Speaker 1: level or other appointees of other of other ilk and

538
00:29:37,920 --> 00:29:41,240
Speaker 1: I do not think it would make sense for Republicans

539
00:29:41,280 --> 00:29:44,040
Speaker 1: to do it because I think, look at the reality

540
00:29:44,080 --> 00:29:49,000
Speaker 1: as they have a solidly majority conservative court. This person

541
00:29:49,120 --> 00:29:51,960
Speaker 1: is not going to change that. Now if the President

542
00:29:52,040 --> 00:29:55,680
Speaker 1: goes and nominates somebody who hasn't been discussed to Rick's point,

543
00:29:55,720 --> 00:29:58,640
Speaker 1: and you know who is is wildly to the left,

544
00:29:58,760 --> 00:30:01,400
Speaker 1: or who raises a red lag, you could see some

545
00:30:01,480 --> 00:30:05,880
Speaker 1: of these delaying tactics, But I think the political consequences

546
00:30:05,920 --> 00:30:08,560
Speaker 1: for Democrats of Republicans rather of trying to delay this,

547
00:30:08,920 --> 00:30:12,760
Speaker 1: particularly the first black woman appointed the Supreme Court in

548
00:30:13,000 --> 00:30:16,040
Speaker 1: you know, over two and forty years we've been in existence.

549
00:30:16,080 --> 00:30:18,640
Speaker 1: I think the politics on that don't work well for

550
00:30:18,680 --> 00:30:20,920
Speaker 1: Republicans and the stakes aren't high enough on the Court

551
00:30:20,960 --> 00:30:23,440
Speaker 1: at this point. Quickly on the Fed, Sarah Bloom Raskin,

552
00:30:23,560 --> 00:30:26,240
Speaker 1: obviously this is uh, this is a major problem for

553
00:30:26,840 --> 00:30:29,840
Speaker 1: Pat Toomey and all of the Republicans on the Banking Committee.

554
00:30:29,880 --> 00:30:32,360
Speaker 1: They say strip that out, will vote on the other four.

555
00:30:32,880 --> 00:30:35,400
Speaker 1: We need more answers from Raskin. The White House says,

556
00:30:35,520 --> 00:30:37,920
Speaker 1: she already answered you Rick, is this leading up to

557
00:30:38,600 --> 00:30:41,600
Speaker 1: a withdrawal from the candidate? Is that actually what Republicans

558
00:30:41,600 --> 00:30:44,000
Speaker 1: are angling for here, because it doesn't appear Democrats are

559
00:30:44,040 --> 00:30:46,160
Speaker 1: gonna budge. Yeah. I think this is the kind of

560
00:30:46,200 --> 00:30:48,520
Speaker 1: thing Republicans would use as a tactic to try and

561
00:30:48,560 --> 00:30:51,040
Speaker 1: get either the Biden administration to pour back or for

562
00:30:51,120 --> 00:30:52,920
Speaker 1: her to resign saying she want to keep the other

563
00:30:52,960 --> 00:30:55,520
Speaker 1: people waiting. Administration won't do that though, right, you know

564
00:30:55,840 --> 00:30:58,120
Speaker 1: they won't, But like that will be the conversation. Hey,

565
00:30:58,520 --> 00:31:00,080
Speaker 1: you know, we'd really like to get this done, and

566
00:31:00,280 --> 00:31:02,160
Speaker 1: you know you're standing in the way, So why don't

567
00:31:02,200 --> 00:31:05,560
Speaker 1: you send us your resignation from the appointment? And uh

568
00:31:05,600 --> 00:31:07,840
Speaker 1: and so look, I mean it just depends upon how

569
00:31:07,920 --> 00:31:09,920
Speaker 1: much the Democrats want to make a cause sleb out

570
00:31:09,920 --> 00:31:11,640
Speaker 1: of this. You know, when they're in the middle of

571
00:31:11,680 --> 00:31:16,680
Speaker 1: a big fight with the inflation and they depend upon this,

572
00:31:16,680 --> 00:31:20,280
Speaker 1: this this Fed to actually take action. I don't think

573
00:31:20,280 --> 00:31:22,880
Speaker 1: they want to see this prolonged. Well, Pat Toomey did

574
00:31:22,920 --> 00:31:25,720
Speaker 1: say the FED can operate fine on its own right now,

575
00:31:25,720 --> 00:31:28,120
Speaker 1: because that criticism is going in the other direction, Genie,

576
00:31:28,120 --> 00:31:30,040
Speaker 1: the White House is saying, hey, you guys are worried

577
00:31:30,040 --> 00:31:32,720
Speaker 1: about inflation, you're coming up the works? Is this going

578
00:31:32,800 --> 00:31:35,320
Speaker 1: to end up with a resignation letter? I don't want

579
00:31:35,320 --> 00:31:37,600
Speaker 1: to be a distraction to the process. Dot dot dot.

580
00:31:38,440 --> 00:31:40,920
Speaker 1: You know, it's so interesting because when we were first

581
00:31:40,920 --> 00:31:43,680
Speaker 1: talking about these nominees to the FED, there was some

582
00:31:44,120 --> 00:31:47,400
Speaker 1: chatter that they could put out a sacrificial lamp. I

583
00:31:47,440 --> 00:31:49,520
Speaker 1: don't think I or anybody else thought it was gonna

584
00:31:49,520 --> 00:31:54,520
Speaker 1: be Sarah Bloom Braska. And she's an eminently qualified woman, absolutely,

585
00:31:54,720 --> 00:31:57,479
Speaker 1: But given what has come out and particularly how they

586
00:31:57,480 --> 00:32:01,360
Speaker 1: are using this issue with this Coloradoe firm that she

587
00:32:01,480 --> 00:32:04,360
Speaker 1: worked for and with, you know, it could be that

588
00:32:04,440 --> 00:32:07,240
Speaker 1: she decides to say, you know, I'm going to step down.

589
00:32:07,680 --> 00:32:10,400
Speaker 1: It would be you know, a blow certainly to Democrats.

590
00:32:10,400 --> 00:32:13,560
Speaker 1: She's somebody who brings an enormous amount and and and

591
00:32:13,680 --> 00:32:15,960
Speaker 1: you know, I think really in terms of what she

592
00:32:16,080 --> 00:32:18,480
Speaker 1: promised to do in this role, I think it would

593
00:32:18,520 --> 00:32:21,280
Speaker 1: be a big loss. But I wouldn't be particularly surprised

594
00:32:21,280 --> 00:32:25,080
Speaker 1: if it happened unless the Democrats decide to separate these out.

595
00:32:25,080 --> 00:32:27,000
Speaker 1: And we don't see any inkling of that. Well, we've

596
00:32:27,000 --> 00:32:29,440
Speaker 1: seen a couple of nominees flop here. Rick, I guess

597
00:32:29,600 --> 00:32:31,560
Speaker 1: you know this could bounce back to your point on

598
00:32:31,560 --> 00:32:33,360
Speaker 1: the White House at some point you get the next

599
00:32:33,400 --> 00:32:36,360
Speaker 1: inflation report and everyone's running stories and how the Federal

600
00:32:36,440 --> 00:32:40,080
Speaker 1: Reserve has five, you know, technically open seats, even though I. J.

601
00:32:40,200 --> 00:32:42,600
Speaker 1: Powell is going to continue doing his work in lele

602
00:32:42,640 --> 00:32:45,400
Speaker 1: brainerd uh. But you know, this is a little bit

603
00:32:45,400 --> 00:32:48,840
Speaker 1: of a delicate situation when if, if inflation is going

604
00:32:48,880 --> 00:32:50,880
Speaker 1: to be the issue in the liability in the midsterm

605
00:32:50,880 --> 00:32:54,080
Speaker 1: election year. Yeah, this is all about President Biden. This

606
00:32:54,160 --> 00:32:56,840
Speaker 1: has nothing to do with Raskin. I mean, Raskin is

607
00:32:57,040 --> 00:32:59,360
Speaker 1: expendable in that regard. I mean I hate to say it,

608
00:32:59,400 --> 00:33:01,640
Speaker 1: but like you know, if you would, if you would

609
00:33:01,720 --> 00:33:03,320
Speaker 1: let someone like that stand in the way of the

610
00:33:03,360 --> 00:33:05,520
Speaker 1: President getting his agenda through to be able to have

611
00:33:05,600 --> 00:33:08,959
Speaker 1: his team on the Federal Reserve, I wouldn't even think

612
00:33:09,000 --> 00:33:11,280
Speaker 1: twice about it. I mean, it would be as Genie says,

613
00:33:11,280 --> 00:33:12,760
Speaker 1: it's been great to have her on there. I'm sure

614
00:33:12,800 --> 00:33:15,320
Speaker 1: she's terrific and she's served on the board before, but

615
00:33:15,400 --> 00:33:17,960
Speaker 1: that is not where we are today. And today the

616
00:33:17,960 --> 00:33:19,720
Speaker 1: President needs his team in place, and he needs to

617
00:33:19,720 --> 00:33:23,000
Speaker 1: make a stand. That's saying he's actually taking action. You

618
00:33:23,000 --> 00:33:25,640
Speaker 1: know and takes inflation seriously and wants his team on

619
00:33:25,640 --> 00:33:27,640
Speaker 1: there doing something about it. And right now he doesn't

620
00:33:27,680 --> 00:33:31,720
Speaker 1: have money talking points when it comes to inflation. Rick Davis,

621
00:33:31,760 --> 00:33:35,040
Speaker 1: Genie Ranzano. Great to spend time and ideas and thoughts

622
00:33:35,080 --> 00:33:36,920
Speaker 1: with both of you. To end this week here on

623
00:33:36,920 --> 00:33:40,200
Speaker 1: Bloomberg Sound On February is Black History Month, and every

624
00:33:40,280 --> 00:33:42,880
Speaker 1: day of this month we're celebrating significant moments in US

625
00:33:42,960 --> 00:33:45,200
Speaker 1: black history. And we'll do it again now if your

626
00:33:45,240 --> 00:33:48,880
Speaker 1: installment for this Friday here is Bloomberg's Nita Young On

627
00:33:48,960 --> 00:33:53,880
Speaker 1: this day in Black History. In Germantown, Pennsylvania, Quakers hold

628
00:33:53,920 --> 00:33:58,320
Speaker 1: the first formal protest against slavery. A petition was drafted

629
00:33:58,320 --> 00:34:01,200
Speaker 1: on behalf of the German town meeting the religious Society

630
00:34:01,200 --> 00:34:04,160
Speaker 1: of Friends. In the document, the four men use the

631
00:34:04,200 --> 00:34:08,239
Speaker 1: Bible's Golden Rule to argue against such inhumane treatment of

632
00:34:08,280 --> 00:34:11,239
Speaker 1: their fellow man, regardless of the color of their skin.

633
00:34:11,800 --> 00:34:14,040
Speaker 1: And the golden rule, of course, is the principle of

634
00:34:14,040 --> 00:34:16,680
Speaker 1: treating others as you would want to be treated. The

635
00:34:16,719 --> 00:34:20,680
Speaker 1: petition argued that every human, regardless of their belief, color,

636
00:34:20,960 --> 00:34:25,360
Speaker 1: or ethnicity, has rights that should not be violated. Seeing

637
00:34:25,360 --> 00:34:29,080
Speaker 1: the injustices of the slave trade. These men courageously took

638
00:34:29,080 --> 00:34:33,640
Speaker 1: a stand against slavery based on their religious and moral beliefs.

639
00:34:33,680 --> 00:34:38,640
Speaker 1: That's today in Black history. I'm Nita Young, Bloomberg Radio. Nita,

640
00:34:38,760 --> 00:34:43,279
Speaker 1: thank you. We'll see you back here on Tuesday. Make

641
00:34:43,320 --> 00:34:46,280
Speaker 1: it a long weekend. Our thoughts are with the people

642
00:34:46,320 --> 00:34:49,319
Speaker 1: of Ukraine. We'll have a lot to talk about when

643
00:34:49,320 --> 00:34:51,680
Speaker 1: we get back here on Tuesday. On sound On, I'm

644
00:34:51,760 --> 00:34:53,840
Speaker 1: Joe Matthew. This is Bloomberg