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Speaker 1: Like never before. You're looking at Tobany Kennedy for different vaccines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound on with on

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Speaker 1: BLOOMBERGHD two. The virus has reshaped special contest for Maryland

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Speaker 1: seat in Congress. We keep it local plus live updates.

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Speaker 1: Coronavirus sited as House leaders abandoned plans to return to Washington,

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Speaker 1: d C. Next week. They delayed it again. They delayed

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Speaker 1: it again. Virginia agrees to waive witness requirement for male

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Speaker 1: in ballots. And my exclusive interview with Pennsylvania Senator Pat Toomey,

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Speaker 1: the Republican from Pennsylvania who's on the oversight commission of

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Speaker 1: the Central Banks liquidity trillions of dollars. Elizabeth Warren got

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Speaker 1: her pick, Pat to me weighs in, plus Fred Hackburg

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Speaker 1: and Roger Fisk. Will he play guitar? I don't know?

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Speaker 1: So did you see this guy's? House leaders have abandoned

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Speaker 1: their plans to return to Washington next week less than

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Speaker 1: twenty four hours, literally, less than twenty four hours after

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Speaker 1: members were told to prepare to come back. House majority

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Speaker 1: leader Standing Hoyer, Democrat from Maryland our backyard told reporters

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Speaker 1: that the change was made in light of advice from

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Speaker 1: the attending physician at the Capitol and because of the

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Speaker 1: continued spread at the coronavirus in Washington and the meerbs

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Speaker 1: all around it. I'm reading a course from the Bloomberg rminal.

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Speaker 1: So they're not coming back, which I guess means that

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Speaker 1: they're gonna delay again another round of economic stimulus. So

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Speaker 1: the fight continues. I got this news while I was

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Speaker 1: headed to Slipstream. Don't tell Bahwa to get a cup

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Speaker 1: of coffee on fourteen Street, And I'm sitting there and

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Speaker 1: I'm thinking carbside, So I'm not really sitting. I was

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Speaker 1: walking and I'm on four teen shirt and I'm thinking

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Speaker 1: to myself. So they're delaying this again to come back

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Speaker 1: this as this Small Business Administration's website crashed again, So

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Speaker 1: you know, it's par for the course, I guess these days,

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Speaker 1: no matter which party that you're in in Washington, DC,

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Speaker 1: he still no plan for remote voting either. So that's

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Speaker 1: where we begin my conversation in an exclusive interview tonight

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Speaker 1: with Senator Pat Toomey. He's a Republican from Pennsylvania. He's

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Speaker 1: Republicans hold the Senate, folks, he's in line to become

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Speaker 1: Senate Banking Committee chair, and a little p A politics

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Speaker 1: for you. Lots of rumors that he's not gonna run

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Speaker 1: for Senate again, but actually going to go after governor

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Speaker 1: against the Democratic governor of Pennsylvania, Sam Wolfs. So interesting

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Speaker 1: politics going on and p A. But Senator Pat Toomey,

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Speaker 1: Republican from Pennsylvania Majority leader um Mitch McConnell. Senate Majority

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Speaker 1: Leader Mitch McConnell named Pat Toomey to be one of

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Speaker 1: the people on the commission that has oversight, a bipartisan

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Speaker 1: commission that has oversight over the Federal Reserve and all

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Speaker 1: of the different trillions of dollars that are being uh

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Speaker 1: put out. It's a financial institution. So I asked him

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Speaker 1: about all of this. Take a listen to my interview

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Speaker 1: with Senator Pat Toomey. Here it is, how do you

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Speaker 1: make sure that the FEDS stays within its statue you

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Speaker 1: uh and as you look to provide oversight over the

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Speaker 1: sexual Bank. Well, I think there's several elements of this,

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Speaker 1: but the two that I'm going to be focusing on

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Speaker 1: initially will be the processes that the that sets up

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Speaker 1: the procedures, uh, you know, the internal checks that they

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Speaker 1: develop for the implementation of the thirteen three lending facilities

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Speaker 1: that we have authorized in legislation, and then of course execution.

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Speaker 1: You know, it doesn't in fact, uh proceed as it

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Speaker 1: is um as it is supposed to, as it is designed. UM.

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Speaker 1: So I look forward to that role. This is unprecedented

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Speaker 1: in its scale and it's nature for that matter, And

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Speaker 1: so for both of those reasons, we owe it to

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Speaker 1: the taxpayers that we provide the oversight that we're responsible for.

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Speaker 1: Is there any word ye don't want? A chairman might

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Speaker 1: be appointed and when that report will come out? Well,

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Speaker 1: actually there will be periodic reports. Uh. The statute require

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Speaker 1: monthly reports once the that starts actually extending credit. Uh.

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Speaker 1: And Uh, it's not entirely clear exactly when the chairman

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Speaker 1: will be agreed to. That is a decision that has

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Speaker 1: to be made jointly by Leader McConnell, the Senate Republican

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Speaker 1: Majority Leader, and Democrat House Speaker Nancy Clothy. So they

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Speaker 1: don't have to find, uh, find someone they can agree

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Speaker 1: on to get us a German. Last week in Pennsylvania,

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Speaker 1: the Democratic governor there Tom Wolfe released his reopening framework

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Speaker 1: for the Pennsylvania economy. You also released a framework of

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Speaker 1: your own. What's the biggest difference between your two plans. Well,

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Speaker 1: I think the biggest difference is that my plan would

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Speaker 1: allow more businesses to reopen sooner than the Governor's UM,

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Speaker 1: and mine, I think is a little more objectives. There

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Speaker 1: are straightforward criteria that if a business meets, they would

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Speaker 1: know they're able to reopen, whereas with the governor it's

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Speaker 1: a it's a little more subjective. We won't find out

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Speaker 1: until May eight whether or not a company UM meets

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Speaker 1: those more subjective criteria, and nothing happens until May, whereas

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Speaker 1: under my plan we would have had a number of

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Speaker 1: categories of business opening UM. Really late last week you

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Speaker 1: wrote a letter to Treasury Secretary Stephen Manution as well

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Speaker 1: as to others, oppertaining to the Small Business Administration and

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Speaker 1: to make sure that small businesses and medium sized businesses

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Speaker 1: are able to get the loans that they've applied for.

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Speaker 1: Have you heard back from the Treasury Department, have you

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Speaker 1: heard from s B a UH and what can be

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Speaker 1: done to make sure that these companies are getting the

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Speaker 1: cash that they need? Well? The good news is you

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Speaker 1: have to have heard back. I spoke with Secretary Manution

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Speaker 1: again yesterday. We speak periodically during the implementation of this.

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Speaker 1: I have to say the Treasury was extremely responsive to

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Speaker 1: the feedback that we were providing and others were providing

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Speaker 1: about the the the challenges of implementation. Just to reiterate

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Speaker 1: that this is completely without precedent and for the federal

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Speaker 1: government to stand up a program as quickly as they did,

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Speaker 1: I mean in a matter of a couple of weeks

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Speaker 1: and start making thousands and tens of thousands and ultimately

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Speaker 1: millions of loans. UM. Big majority of all the loans

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Speaker 1: are actually quite small, very small businesses are participating. The

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Speaker 1: secret to that, UM I think always was and remains

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Speaker 1: the fact that small banks, uh those are the banks

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Speaker 1: that provide financial services for small businesses, and small banks

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Speaker 1: are able and have demonstrated their willingness to participate in

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Speaker 1: this program. So that's been the key to making sure

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Speaker 1: that the p p P program, the small business lending

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Speaker 1: program is available to even the smallest of business is

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Speaker 1: and UM that does seem to be working. And in

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Speaker 1: terms of once once small businesses are able to get

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Speaker 1: that liquidity, get that cash, how do you ensure that

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Speaker 1: there's policies in place, maybe even de regulatory policies and

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Speaker 1: place Senator so that their shovel ready projects that are

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Speaker 1: good to go and that people can get back to

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Speaker 1: work immediately. Well, this is not an exercise in providing

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Speaker 1: shovel ready projects for business. This is an exercise and

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Speaker 1: allowing business to survive what should be a very brief

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Speaker 1: shutdown so that they can then resume normal business. You know,

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Speaker 1: our economy was absolutely booming. We had nearly three percent

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Speaker 1: unemployment and record low unemployment for many demographic categories and

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Speaker 1: a fifty year low for the population as a general

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Speaker 1: in general, strong economic growth, wage gains. I mean we

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Speaker 1: we didn't We didn't need a uh a new batch

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Speaker 1: of government programs to get our economy going. What we

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Speaker 1: need now, given that we have shut down our economy

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Speaker 1: UH is to to bridge these businesses, bridge their finances,

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Speaker 1: provide them with the ability to make payroll for what

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Speaker 1: really should be just a matter of weeks. And and

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Speaker 1: as you know, we are gradually reopening our economy across

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Speaker 1: the country in different to different degrees, and so hopefully

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Speaker 1: this program gets us through this spell and then m

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Speaker 1: businesses back able to stand uh stand on its own.

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Speaker 1: That was my exclusive interview with Senator Pat to me

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Speaker 1: the Republican from Pennsylvania again, folks, he could be next

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Speaker 1: in line to be the Senate Banking Committee Chairman and

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Speaker 1: then could launch a gubertatorial run the key battleground state

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Speaker 1: of Pennsylvania. Coming up, we check in with Fred Hackberg

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Speaker 1: and Roger Fisk and our very own Wendy Benjaminson. I'm

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Speaker 1: Kevin surreli Chief Washington correspondent for Bloomberg Television and Bloomberg Radio,

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Speaker 1: and you're listening to Bloomberg point one, you're listening to

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Speaker 1: Bloomberg Sound On with Kevin sirelate on Bloomberg and one

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Speaker 1: oh five point seven MHD two. So I gotta say this, folks.

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Speaker 1: Tim O'Brien over Bloomberg Opinion. Tim O'Brien over Bloomberg Opinion.

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Speaker 1: He wrote this brilliant column about the l A Lakers,

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Speaker 1: the Los Angeles Lakers, And you know I'm a sports fan.

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Speaker 1: I've been obsessed with the Michael Jordan's uh ESPN documentary.

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Speaker 1: That's been getting me through. Its been one of the

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Speaker 1: things getting me through the shelter in place, stay at

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Speaker 1: home order but the l A Lakers typical Lakers. You're

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Speaker 1: ready for this. The l A Lakers got federal aid

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Speaker 1: is the headline of Tim O'Brien's Bloomberg opinion piece, The

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Speaker 1: Lakers got federal aid and your corner shop didn't and

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Speaker 1: the pre coronavirus days. The Los Angeles Lakers, mr O'Brien writes,

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Speaker 1: was one of the most valuable and profitable sports franchises

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Speaker 1: on the planet. Forbes estimated last year that the team

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Speaker 1: earned a hundred and forty seven million dollars in two

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Speaker 1: thousand and eighteen and would fetch about three point seven

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Speaker 1: billion dollars in a sale they uh. And then the Lakers,

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Speaker 1: as ESPN reported on Monday, received four point six million

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Speaker 1: dollars in a bailout fund from the federal government as

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Speaker 1: part of the three forty nine billion paycheck protection program.

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Speaker 1: I'm a journalist. I will tell you objectively, that is

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Speaker 1: ludicrous that the l A Lakers thought that they were

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Speaker 1: deserving of four point six million dollars of a tack

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Speaker 1: of your money. Of my voice, crack, that's all sudd

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Speaker 1: I am about this of your money, four point six

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Speaker 1: million dollars, and they had to pay it back. This

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Speaker 1: is excellent reporting by ESPN. This is excellent reporting by

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Speaker 1: the Los Angeles Times. And Fred Hackburger's on the line,

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Speaker 1: former chairman of the Export Import Bank. I didn't think, Yeah,

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Speaker 1: I bet you didn't think you were coming on and

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Speaker 1: talk about the Lakers. But I do want to get

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Speaker 1: you a way in on just how obscene it is

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Speaker 1: that the Los Angeles Lakers thought that they deserved four

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Speaker 1: point six million dollars and tax payer bailout money. Well, Kevin, listen,

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Speaker 1: when you pass a bill in a great hurry, they're

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Speaker 1: going to be a lot of loopholes. And that was

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Speaker 1: one of them, that closing that one up, the closing

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Speaker 1: the one up on public companies. Uh, that's the challenge

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Speaker 1: when you're trying to rush this stuff through. No one's

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Speaker 1: having a chance to read every line of his of

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Speaker 1: these bills, and we're gonna find problems like this. Really

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Speaker 1: make sure we get rid of them fast. Yeah. I agree.

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Speaker 1: And here's what Fred's Fred is being a gentleman and

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Speaker 1: and and respectful because him and he and I had

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Speaker 1: a we had an offline conversation about just how how

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Speaker 1: I was saying they got to rush this through small

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Speaker 1: businesses need this cash. They needed it yesterday. This is

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Speaker 1: a couple of weeks ago. We had this conversation and

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Speaker 1: Fred who chaired the Export Import Bank in the Obama administration, said, Kevin,

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Speaker 1: this is not the way the process works. And you know, Fred,

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Speaker 1: I think you're seeing this. You know you were right.

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Speaker 1: You're you're seeing this play out in real time. And

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Speaker 1: I don't mean to bash the Lakers, but respectfully, I mean,

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Speaker 1: if it's if the Lakers, but if if it's in

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Speaker 1: the law and and there's no protection to have them

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Speaker 1: avoiding doing this, then I guess you know they were

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Speaker 1: following the rules. Good on them. I guess for for

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Speaker 1: giving back the money, right, you know, I think Harvard

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Speaker 1: University got some money, and a couple of other pop

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Speaker 1: deli and so forth, And so that the answer is

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Speaker 1: to fix that because that's not what the American voters want,

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Speaker 1: that's not what it was, not fully the intent of

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Speaker 1: members of Congress, at least I believe so. And uh,

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Speaker 1: the question is too quickly turn it around and not

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Speaker 1: unless that things fit there and not potetuating because we've

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Speaker 1: got a lot of small businesses and a lot of

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Speaker 1: people who are suffering horribly and we're going to make

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Speaker 1: sure they get the money. Well, Listen, this country has

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Speaker 1: a lot of problems if lawmakers are passing bills to

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Speaker 1: help the Los Angeles Lakers fans. That's all I'm gonna say.

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Speaker 1: It's all i'm gonna say. But but getting aside, Joe Um,

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Speaker 1: when you were chairman of the Export Import Bank, you

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Speaker 1: did a lot of work with the Small Business Administration

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Speaker 1: and and you know, politics aside, joking aside from a

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Speaker 1: procedural standpoint, I was talking with some small business owners

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Speaker 1: throughout the past several days, and they're wondering when they

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Speaker 1: should expect if they applied for an sp A loan,

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Speaker 1: when they should expect to hear from their bank that

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Speaker 1: that that it was approved or denied. Well, from what

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Speaker 1: I can tell, Kevin, the as long as we still

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Speaker 1: have fun, and I was being part of the bill

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Speaker 1: last week, is to sort of replenish the account once

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Speaker 1: they've got approved those funds a growing up fast. I've

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Speaker 1: made a couple of spot calls is anecdotal, but people

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Speaker 1: got applications in, got to funds rather quickly. What is

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Speaker 1: often the challenge for small businesses is making sure they

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Speaker 1: have the records and they have the the materials so

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Speaker 1: that they can actually put an application and put it

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Speaker 1: in quickly. And that's that's frequently the challenge. But um,

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Speaker 1: it's it's that party is to be working. Um and

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Speaker 1: uh sometimes I've heard completing reports sometimes at community banks

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Speaker 1: have done very well because there's less of a backlog

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Speaker 1: at some of those smaller community banks. But that's what

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Speaker 1: Senator to Me said. Senator to Me said the same

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Speaker 1: thing he said. He he alluded to this and my

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Speaker 1: interview with him, and it's fascinating to hear you say

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Speaker 1: this as well, that that small and medium sized banks

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Speaker 1: have actually been able to to to act anecdotally, there's

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Speaker 1: no data to support this, but but you and Senator

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Speaker 1: to me different sides of the political spectrum praising small

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Speaker 1: and community midsized banks because they're smaller they've been able

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Speaker 1: to act more quickly. Well, uh, I would say that

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Speaker 1: if you're a small business, because I'm going to have

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Speaker 1: your small business advice, you want to choose whether it's

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Speaker 1: your accountants or your lawyer or your bank, someone that

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Speaker 1: you're going to be important too, and sometimes it will

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Speaker 1: be a smaller bank. But frankly, having as you know, worked,

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Speaker 1: I worked at the expert input banks. Some of the

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Speaker 1: challenge for small business and export. They need a bank

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Speaker 1: that is global that can also help them the other countries,

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Speaker 1: not something the local community. And that's it sounds a

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Speaker 1: lot of these companies have. I got one of the

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Speaker 1: questions for you in terms of international finance, and then

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Speaker 1: I want to ask you about Hillary Clinton and Biden.

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Speaker 1: But so just the U. S a I D has

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Speaker 1: been taking the lead UH FRED UH in terms of investment,

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Speaker 1: in terms of coronavirus relief in in in countries in Africa.

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Speaker 1: And I know that you did an incredible amount of

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Speaker 1: work in your time as chairman of xm UM, but

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Speaker 1: can you just tell our audience and tell our listeners

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Speaker 1: just the importance that U. S a i D plays here,

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Speaker 1: especially as as as UH countries less fortunate than America

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Speaker 1: and our allies are grappling with this virus. Well, I

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Speaker 1: mean US A I D H the Agency for in

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Speaker 1: the hal active Agency for International Development. It really is

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Speaker 1: that's where foreign aid goes through that agency, whether it's

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Speaker 1: building hospitals, roads, schools, fresh water systems in developing countries

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Speaker 1: and UH and they were they didn leave the Power Africa,

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Speaker 1: which President Obama pushed through during his time there. So

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Speaker 1: they've been a very key uh player of sort of

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Speaker 1: showing the many good sides of our country or foreign policy. Uh,

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Speaker 1: and Franky sometimes in contest prensors to China, which has

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Speaker 1: taken a very different view uh in their foreign policy

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Speaker 1: in places like sub shore in Africa. Fred, can you

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Speaker 1: stick her on for one more break? Yeah? Alright, cool,

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Speaker 1: We're gonna catch up with Fred Hawkburg about the Hillary's

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Speaker 1: endorsement to Joe Biden. Coming up next morning with Fred Hawkbord,

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Speaker 1: Roger Fisk, and her very own Wendy Benjaminson, plus my

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Speaker 1: exclusive interview with Congresswoman Carolyn Maloney, Democrat from New York.

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Speaker 1: I'm Kevin Cirelli. You're listening to Bloomberg. You're listening to Bloomberg.

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Speaker 1: Sound on with Kevin on Bloomberg and one h D

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Speaker 1: two so U. Over the weekend, I picked up a

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Speaker 1: copy of this month's Washingtonian. Washingtonian magazine. Beautiful cover, by

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Speaker 1: the way, an incredible cover. We will get through this

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Speaker 1: it is and it's a It's a magnificent black and

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Speaker 1: white photograph of the Washington Monument and a child jumping

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Speaker 1: over a puddle in the in the middle of a

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Speaker 1: of a mostly barren um reflection pool, and the photo

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Speaker 1: spread of of just the monuments of the small businesses

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Speaker 1: in our community really powerful, and it hits you like

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Speaker 1: a ton of bricks because you're like, Wow, we're living

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Speaker 1: through this, this is this is what's going on. And

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Speaker 1: until you see the photographs. That's why I have so

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Speaker 1: much respect for photo journalist because until you see those

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Speaker 1: photographs really puts it in perspective the magnitude of the moment.

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Speaker 1: But anyway, I'm flipping through the pages of Washingtonian and

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Speaker 1: they interviewed some yoga instructors. Yoga, they're telling you to

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Speaker 1: breathe in, breathe out. So I'm doing my meditations. I'm

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Speaker 1: breathing in, I'm breathing out. I light the candle. I'm

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Speaker 1: trying to calm down, you know. And then I read

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Speaker 1: about the Los Angeles Lakers and I lost it. What

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Speaker 1: I tell you that I saw that they got four

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Speaker 1: point six million and a bailout money. They gave the

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Speaker 1: money back. But all I could keep thinking as if

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Speaker 1: Philadelphia Sixers fan, heck, I'll even go with the Washington Wizards.

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Speaker 1: If the Wizards are the Sixers did that, we wouldn't

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Speaker 1: hear the end of it, folks. They'd be dragging them in.

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Speaker 1: Congress would actually convene. They would be dragging them in

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Speaker 1: in order to just go off. So I don't know

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Speaker 1: what it is. But Tim O'Brien's piece, Tim O'Brian on

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Speaker 1: Bloomberg opinion remarkable, I'll tweet it out. Remarkable column just

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Speaker 1: about how that came to be, and he puts it

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Speaker 1: in perspective in terms of what ESPN in the Los

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Speaker 1: Angeles Times had done. Can as Lakers fans enough of that?

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Speaker 1: I Freed? Hackberg still on the line, he's not a

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Speaker 1: Lakers fan, Freed. Who's your favorite sports team? Whoever is yours? Kevin?

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Speaker 1: Do you know that I'm not good at fen stuff?

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Speaker 1: Fred Fred? Fred? No, we love the Sixers on this program.

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Speaker 1: We love the Philadelphia Eagles on this program, and we

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Speaker 1: do love our DC United. And uh, if Philadelphia isn't

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Speaker 1: playing Wolof for Washington, how's that? Fred, Kevin, whatever team

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Speaker 1: you're for, I'm all in. Thank you. Moving on Hillary

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Speaker 1: back and Biden. Does it matter? Of course? It matters?

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Speaker 1: You know, she was She got more votes than any

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Speaker 1: Democrat has gotten uh and a three million vote plurality

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Speaker 1: of majority. Uh. Last time they were once rivals and

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Speaker 1: more important and importantly, I think they really both have

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Speaker 1: a global view of the world. They have a view

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Speaker 1: of the United States seems to be a leader in

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Speaker 1: the world and provide leadership. And as she said, I

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Speaker 1: thought eloquently, you know, she to Joe a president right now,

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Speaker 1: and I think many of us do that. If Joe

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Speaker 1: Biden was president right now, we would be dealing with

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Speaker 1: this crisis all right now, Okay, we're gonna try something

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Speaker 1: new for the first time because we're all working from home,

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Speaker 1: So stay on the line, Fred, and I want to

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Speaker 1: bring in Roger fisk And I want to see if

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Speaker 1: this works live on Bloomberg Salad on Roger, can you talk?

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Speaker 1: I cannot. He's there, everybody, Rod, So we can have

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Speaker 1: two guests on at once. I haven't done this in weeks.

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Speaker 1: I haven't done this. I feel like I'm flying U out.

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Speaker 1: This is like when Cal Waiting came out and Fred,

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Speaker 1: can you talk? Yes? Okay, well, let me get Rogered

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Speaker 1: away in here because this has been How how you

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Speaker 1: know you're a longtime Obama insider, Roger fisk Um, How

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Speaker 1: how is this pandemic played out in terms of the

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Speaker 1: timing of so many of these rollout, whether it's Hillary Clinton,

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Speaker 1: for Joe Biden, or Bernie Sanders or Elizabeth Warren. To

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Speaker 1: be honest, I feel like they've they've I don't want

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Speaker 1: to say that they're not important. They're obviously important and

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Speaker 1: the parties unified, but they've lacked the ability to drive

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Speaker 1: a new cycle because so many people are rightfully preoccupied

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Speaker 1: with other things. Roger sure, Sure, And first off, Kevin,

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Speaker 1: thanks so much for having it. It's great to be

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Speaker 1: on with Fred. You know, at first, I was just like,

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Speaker 1: they're not going to roll out any big endorsements during

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Speaker 1: this pandemic thing. And then when um, when they rolled

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Speaker 1: out the former president, then you know, it makes a

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Speaker 1: lot of sense when you think about because one, there's

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Speaker 1: not a lot of tools in the toolbox for Biden

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Speaker 1: right now, right so you can basically appoint kind of

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Speaker 1: working groups and steering committees around small business development and

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Speaker 1: veterans issues and whatever. That's all, you know, basically kind

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Speaker 1: of clerical. Um. But the small thing is is by

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Speaker 1: rolling these out now you get to goose the list,

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Speaker 1: and you get the clicks and the eyeballs and the

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Speaker 1: small towne dollars, et cetera. And then when the day

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Speaker 1: comes when this all opens up, you can take the

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Speaker 1: entire thing out for a whole another set of laps

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Speaker 1: around the track, right, So you can go out and

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Speaker 1: do like the five city tour with the former president.

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Speaker 1: He can go out and you know, hit the areas

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Speaker 1: where the former secretary of State is very popular. So

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Speaker 1: in that sense, I think it makes sense because what

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Speaker 1: what else can you really do to crack the headlines, um,

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Speaker 1: other than just like you know, these kind of like

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Speaker 1: working groups and things like that. So Roger, you from

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Speaker 1: based upon what you're saying, you think we're gonna get

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Speaker 1: to some point in the next two or three months

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Speaker 1: where political rallies will come back. Well, believe it or not,

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Speaker 1: I'm very comfortable saying, you know, I comment on politics

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Speaker 1: and stuff, but I'm not actually going to take on

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Speaker 1: the the position or the or the posturing of a

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Speaker 1: medical professional. Why everybody else U Yeah, And I'm not

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Speaker 1: going to be endorsing various therapies or or or potential

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Speaker 1: cure is either. Um. But in a planning sense, in

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Speaker 1: a logistical sense, one has to be ready, right, So

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Speaker 1: if I were sitting at a desk in Philadelphia the

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Speaker 1: Biden campaign, I'd be looking at ramping up some kind

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Speaker 1: of road activity in the June Neck of the Woods,

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Speaker 1: because you don't want to just throw up your hands

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Speaker 1: and not plan right, and then you don't want the

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Speaker 1: day to come when you can actually be active and

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Speaker 1: not have a whole battle plan ready. So I think

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Speaker 1: the posture has to be forward leaning and has to

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Speaker 1: be planning to be active so that when that day

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Speaker 1: does come, and I think it's going to be more

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Speaker 1: of a dial than a switch, but even when that

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Speaker 1: dial starts to open up, that you'll be ready what

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Speaker 1: you want to roll out where the geography, the media, markets,

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Speaker 1: the constituencies, etcetera. Fred, how has this impacted in your

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Speaker 1: conversations with prominent Democrats? And you hear what Roger Fisk

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Speaker 1: is saying. Democratic strategist Fred Hackburg, former chairman of the

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Speaker 1: x And Bank for Obama, how has this impacted a

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Speaker 1: Biden world's ability to fundraise, Biden world's ability to organize

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Speaker 1: during this pandemic? Well, Biden Camp Mayne had a spectacular launch.

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Speaker 1: Those numbers didn't uh. My recollections in a range of

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Speaker 1: forty six million dollars. Uh, they're all virtual fundraisers happening

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Speaker 1: the vice press advising, I believe every single day of

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Speaker 1: the week. Um, and we're all getting people are getting

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Speaker 1: used to that idea that you're not going to be

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Speaker 1: in the same room, but you're gonna be in a

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Speaker 1: conversation and it can be more tailored. Um. There was

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Speaker 1: one I was on last week last week, there's uh,

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Speaker 1: there's one right now with Senator climpachar Uh, there's one

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Speaker 1: tomorrow with Nicky Freed from UH in Miami. And so

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Speaker 1: I should say so, um, you know, I think they're

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Speaker 1: both candidates and UM, voters donors are going to get

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Speaker 1: used in a different way of engaging. There's no thing

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Speaker 1: is I think about. By the way, down ballot races

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Speaker 1: were all you need to collect signatures to get on

428
00:24:51,240 --> 00:24:54,840
Speaker 1: the ballot. That's gonna be a real challenge for downballot races.

429
00:24:55,320 --> 00:24:58,080
Speaker 1: Uh come to come this fall in its election season.

430
00:24:58,680 --> 00:25:00,560
Speaker 1: So Rocher, how do you ever come to of challenges

431
00:25:00,640 --> 00:25:04,200
Speaker 1: that that Fred talks about? Well, I mean it gets

432
00:25:04,240 --> 00:25:07,200
Speaker 1: that the different states have different you know laws. There's

433
00:25:07,280 --> 00:25:10,040
Speaker 1: still when I first started doing voter registration, which was

434
00:25:10,119 --> 00:25:12,879
Speaker 1: like during the first cleaning campaign, you still have to

435
00:25:12,960 --> 00:25:16,280
Speaker 1: have someone physically with you when you registered voters that

436
00:25:16,440 --> 00:25:19,520
Speaker 1: could notarize the signatures and things like that. So we've

437
00:25:19,520 --> 00:25:21,359
Speaker 1: gotten past that, but there's still a couple of states

438
00:25:21,400 --> 00:25:25,000
Speaker 1: I think they're I think Kansas comes to mind, and

439
00:25:25,040 --> 00:25:27,159
Speaker 1: a few others still have very busy team kind of

440
00:25:27,240 --> 00:25:31,199
Speaker 1: voter registration laws. Whether or not. Unfortunately, I think you're

441
00:25:31,200 --> 00:25:34,320
Speaker 1: gonna see kind of wealth divide that the states that

442
00:25:34,440 --> 00:25:37,320
Speaker 1: have the resources are going to be able to update

443
00:25:37,440 --> 00:25:39,760
Speaker 1: their processes, whereas some of the folks that are a

444
00:25:39,800 --> 00:25:42,119
Speaker 1: little bit more stretched for resources are not going to

445
00:25:42,200 --> 00:25:44,320
Speaker 1: be able to do that. But campaigns are going to

446
00:25:44,440 --> 00:25:47,040
Speaker 1: have to figure this out. And fortunately, the way the

447
00:25:47,080 --> 00:25:50,320
Speaker 1: cultures of campaign works is, you know, campaigns are just

448
00:25:50,480 --> 00:25:52,960
Speaker 1: one thing going wrong after another. Right, you just fix

449
00:25:53,040 --> 00:25:54,720
Speaker 1: one problem, then you get up and you fix the next,

450
00:25:54,800 --> 00:25:57,000
Speaker 1: and then you fix the next. So there's just you know,

451
00:25:57,119 --> 00:26:00,720
Speaker 1: kind of grows in more in in to that into

452
00:26:00,800 --> 00:26:04,480
Speaker 1: that process. And then depending on how the states do it,

453
00:26:04,640 --> 00:26:06,520
Speaker 1: you know a lot of them are opening they're they're

454
00:26:06,760 --> 00:26:10,280
Speaker 1: broadening the time frame within which you can early vote.

455
00:26:10,520 --> 00:26:12,360
Speaker 1: Things like that. I haven't drilled all the way down

456
00:26:12,400 --> 00:26:16,600
Speaker 1: to nomination signatures, because that's very interesting. Um, I wonder,

457
00:26:16,960 --> 00:26:18,720
Speaker 1: I mean, it would be interesting to see how folks

458
00:26:18,760 --> 00:26:22,360
Speaker 1: are navigating that. But the campaign posture, and especially coming

459
00:26:22,400 --> 00:26:24,359
Speaker 1: from someone who is a road warrior, is you know,

460
00:26:24,440 --> 00:26:26,080
Speaker 1: you just you just fixed stuff and then you move

461
00:26:26,119 --> 00:26:28,080
Speaker 1: on to the next thing. So I'm sure folks are

462
00:26:28,080 --> 00:26:29,320
Speaker 1: going to figure it out, and it will be very

463
00:26:29,359 --> 00:26:31,239
Speaker 1: interesting to look at the frantics after this is all

464
00:26:31,280 --> 00:26:34,399
Speaker 1: said and done. I'm a has been road warrior. I

465
00:26:34,600 --> 00:26:37,160
Speaker 1: used to travel. I used to live out of a suitcase.

466
00:26:37,720 --> 00:26:41,560
Speaker 1: Not no more, folks, not no more. I'm sheltered in place.

467
00:26:41,880 --> 00:26:46,040
Speaker 1: I'm working from the living room. It's awful. I miss it.

468
00:26:46,200 --> 00:26:48,639
Speaker 1: I miss it so bad. I can't even articulate it.

469
00:26:48,960 --> 00:26:51,159
Speaker 1: Did you see this? And to both of you, to

470
00:26:51,240 --> 00:26:56,119
Speaker 1: both of your points. Virginia Virginia Attorney General Mark Herring,

471
00:26:56,560 --> 00:26:59,040
Speaker 1: he's a Democrat. He said earlier today that the state

472
00:26:59,119 --> 00:27:03,320
Speaker 1: has agreed to waive the requirement that a witness must

473
00:27:03,440 --> 00:27:08,320
Speaker 1: sign off on ballots cast by mail in the June

474
00:27:08,359 --> 00:27:11,640
Speaker 1: twenty three primary election amid the coronavirus pandemic. So they're

475
00:27:11,640 --> 00:27:14,280
Speaker 1: tweaking the rules left and right. It's it's been remarkable.

476
00:27:14,320 --> 00:27:16,119
Speaker 1: I was talking to a senior aide to d C

477
00:27:16,280 --> 00:27:18,920
Speaker 1: Mayor Murial Bowser, by the way, just about the high

478
00:27:19,280 --> 00:27:22,880
Speaker 1: profile national figures that she's unlisted, including former First Lady

479
00:27:22,880 --> 00:27:26,960
Speaker 1: Michelle Obama, celebrity chef Jose Andreas. I was talking to

480
00:27:27,080 --> 00:27:30,320
Speaker 1: a senior aide to to Muriel Bowser, the mayor, UH

481
00:27:30,359 --> 00:27:32,280
Speaker 1: and they said that things are moving quite along in

482
00:27:32,400 --> 00:27:35,040
Speaker 1: terms of just their communication. The reason I bring that

483
00:27:35,200 --> 00:27:38,240
Speaker 1: up in this context is DC has a lot of

484
00:27:38,480 --> 00:27:43,400
Speaker 1: democratic star power right now, and I'm curious about that dynamic.

485
00:27:43,680 --> 00:27:45,240
Speaker 1: And this will be my last question, and I'm gonna

486
00:27:45,280 --> 00:27:47,560
Speaker 1: pose this question to each of you, and and Fred,

487
00:27:47,600 --> 00:27:50,040
Speaker 1: I'll let you go first, and then Roger just answer

488
00:27:50,160 --> 00:27:52,840
Speaker 1: right after. Just about the star power that has come

489
00:27:52,920 --> 00:27:56,520
Speaker 1: to Washington, d C. In the White House's backyard. How

490
00:27:56,560 --> 00:27:59,760
Speaker 1: will that impact do you think when you've got Michelle Obama,

491
00:28:00,040 --> 00:28:03,879
Speaker 1: Is Andreas, Susan Rice um and others, and it's it's

492
00:28:03,960 --> 00:28:08,760
Speaker 1: a um ah as they record robo calls and radio

493
00:28:08,840 --> 00:28:11,440
Speaker 1: ads and the like, how is that going to impact

494
00:28:11,920 --> 00:28:17,879
Speaker 1: this national debate if at all? Fred, Well, you know,

495
00:28:18,720 --> 00:28:21,320
Speaker 1: people need to be excited about a candidate, People need

496
00:28:21,359 --> 00:28:26,120
Speaker 1: to be motivated Barack Obama excited people across this country,

497
00:28:26,280 --> 00:28:32,280
Speaker 1: across age, UH, sexual orientation, religion, rates, and so the

498
00:28:32,440 --> 00:28:35,240
Speaker 1: idea that we have to get people excited about this election.

499
00:28:35,880 --> 00:28:38,520
Speaker 1: And because so much of elections, I still think about

500
00:28:38,600 --> 00:28:41,880
Speaker 1: sheer and anger. UH. There's a lot of here right

501
00:28:41,920 --> 00:28:44,600
Speaker 1: now with the coronavirus and anger how we dealt with it.

502
00:28:44,880 --> 00:28:46,640
Speaker 1: But we also have to have a positive message that

503
00:28:46,760 --> 00:28:49,320
Speaker 1: maybe motivates people to get out of the polls and

504
00:28:49,480 --> 00:28:52,520
Speaker 1: vote and vote first and foremost for the present, but

505
00:28:52,800 --> 00:28:55,280
Speaker 1: for the rest of the ticket as well. Let me ask,

506
00:28:55,400 --> 00:28:57,360
Speaker 1: let me I think you might have. I asked the

507
00:28:57,440 --> 00:29:01,320
Speaker 1: question and I wasn't clear my question. What I was

508
00:29:01,360 --> 00:29:04,080
Speaker 1: saying is Mayor Bowser of Washington, d C. Has enlisted

509
00:29:04,120 --> 00:29:08,280
Speaker 1: Michelle Obama and others for her coronavirus task force, and

510
00:29:08,440 --> 00:29:10,560
Speaker 1: that has really that has put her at odds. It's

511
00:29:10,600 --> 00:29:12,320
Speaker 1: not your fault, it's my fault. That has put her

512
00:29:12,360 --> 00:29:15,600
Speaker 1: in odds with UH with President Trump. UH. And she

513
00:29:15,760 --> 00:29:19,080
Speaker 1: has said publicly now in a CNN interview that she's

514
00:29:19,120 --> 00:29:23,120
Speaker 1: broken with the White House essentially, and she's saying that

515
00:29:23,240 --> 00:29:27,200
Speaker 1: the peak hasn't come to Washington, d C. As the

516
00:29:27,280 --> 00:29:29,600
Speaker 1: White House has been a bit more optimistic about about

517
00:29:29,640 --> 00:29:33,120
Speaker 1: those numbers when she's enlisting Susan Rice, when she's enlisting

518
00:29:33,200 --> 00:29:37,480
Speaker 1: Jose Andreas, And um, I'm Michelle Obama. I mean, what

519
00:29:37,800 --> 00:29:40,480
Speaker 1: what does that mean for DC's mayor to enlist such

520
00:29:40,600 --> 00:29:44,920
Speaker 1: democratic star star power uh in in this current climate?

521
00:29:46,920 --> 00:29:51,520
Speaker 1: Well with me, I'm sorry about that, Fred, Fred, you

522
00:29:51,560 --> 00:29:54,440
Speaker 1: can answer it. It kind of gets back to to

523
00:29:54,560 --> 00:29:56,560
Speaker 1: your question about the Biden thing too, which is right,

524
00:29:56,640 --> 00:29:58,680
Speaker 1: like nature awards the back, so you can't just sit

525
00:29:58,760 --> 00:30:02,360
Speaker 1: here and do nothing specifically to you know, kind of

526
00:30:02,440 --> 00:30:06,720
Speaker 1: I think the atmospheric question, I would imagine that mayor

527
00:30:06,800 --> 00:30:09,120
Speaker 1: barbs are probably called a wide variety of people. I

528
00:30:09,160 --> 00:30:11,920
Speaker 1: don't think that a municipal leader doesn't have the latitude

529
00:30:11,960 --> 00:30:14,960
Speaker 1: to just limit themselves to a particular ideology when they're

530
00:30:14,960 --> 00:30:18,360
Speaker 1: trying to stick something like this, right, So there's that,

531
00:30:18,560 --> 00:30:20,560
Speaker 1: And then the question also is is like you know,

532
00:30:20,680 --> 00:30:22,760
Speaker 1: she called the people that are here that are active,

533
00:30:22,880 --> 00:30:26,160
Speaker 1: Mrs Obama's out there in the world doing positive things.

534
00:30:26,280 --> 00:30:28,600
Speaker 1: That jos Andreas is out there in the world doing

535
00:30:28,680 --> 00:30:31,000
Speaker 1: positive things. So it stands for reason they kind of

536
00:30:31,080 --> 00:30:34,320
Speaker 1: self identify themselves as high profile individuals that would be

537
00:30:34,360 --> 00:30:37,200
Speaker 1: logical to tap. And I'd like to think if either

538
00:30:37,280 --> 00:30:40,200
Speaker 1: one of those two folks were living in Atlanta or

539
00:30:40,280 --> 00:30:42,800
Speaker 1: Los Angeles or Seattle or Boston, that they would respond

540
00:30:42,880 --> 00:30:46,160
Speaker 1: to that mayor's call as well, because ultimately, you know,

541
00:30:46,760 --> 00:30:50,880
Speaker 1: in this in this climate, when there's so much source

542
00:30:50,920 --> 00:30:53,600
Speaker 1: of concern and kind of darkness, people want to wrap

543
00:30:53,680 --> 00:30:56,520
Speaker 1: their arms around something that's positive and that they can

544
00:30:56,640 --> 00:31:02,040
Speaker 1: do something um with because ultimately, you know, looking at

545
00:31:02,040 --> 00:31:06,040
Speaker 1: the current occupant, you can't bank your strategy on the

546
00:31:06,280 --> 00:31:09,320
Speaker 1: on the strengths or stumbles or weaknesses of your opponent, right,

547
00:31:09,360 --> 00:31:12,760
Speaker 1: you still have to be out there hustling every single

548
00:31:12,880 --> 00:31:15,640
Speaker 1: day and work like you're you're losing, and and and

549
00:31:15,800 --> 00:31:18,480
Speaker 1: the and the weaknesses of your opponent are not going

550
00:31:18,520 --> 00:31:20,239
Speaker 1: to get you over the finish line. So that's going

551
00:31:20,280 --> 00:31:22,080
Speaker 1: to play out whoever it is. So I think the

552
00:31:22,200 --> 00:31:25,080
Speaker 1: mayor is being smart and doing it. It's no surprise

553
00:31:25,160 --> 00:31:27,080
Speaker 1: that the folks that responded to her call are the

554
00:31:27,120 --> 00:31:29,360
Speaker 1: same folks who have responded to so many other calls.

555
00:31:29,760 --> 00:31:32,640
Speaker 1: And she's she's using, just as my analogy with the

556
00:31:32,720 --> 00:31:36,000
Speaker 1: former vice president um and these endorsements, she's using the

557
00:31:36,040 --> 00:31:38,400
Speaker 1: tools in her toolbox So it makes sense to me, Fred,

558
00:31:38,480 --> 00:31:41,200
Speaker 1: when you see the star power that Mayor Bowerser. Mayor

559
00:31:41,240 --> 00:31:47,120
Speaker 1: Bowser has enlisted, uh, Michelle Obama, Josan Andreas. What politically

560
00:31:47,480 --> 00:31:49,360
Speaker 1: I mean that that's that there's the point. I mean

561
00:31:49,440 --> 00:31:51,400
Speaker 1: that kind of makes your stand apart in terms of

562
00:31:51,520 --> 00:31:54,959
Speaker 1: other mayors in the region, and for her to enlist them,

563
00:31:55,840 --> 00:31:58,360
Speaker 1: is it says something? What does it say to you,

564
00:31:58,480 --> 00:32:03,600
Speaker 1: Fred Hackberg. Let's be clear, Washington DC, something like had

565
00:32:05,000 --> 00:32:08,360
Speaker 1: voted for Dullary Clinton and about five percent of Donald

566
00:32:08,400 --> 00:32:11,000
Speaker 1: Trump is a democratic city. A mayor is going to

567
00:32:11,120 --> 00:32:15,080
Speaker 1: call upon prominent citizens in her city to get help,

568
00:32:15,720 --> 00:32:18,360
Speaker 1: just like DULs of Lassil would call on people in

569
00:32:18,440 --> 00:32:23,720
Speaker 1: his city, Eric locals. So if you're calling on local

570
00:32:23,800 --> 00:32:28,040
Speaker 1: citizens who are prominent can be helpful in Washington, DC,

571
00:32:28,720 --> 00:32:30,840
Speaker 1: nine and a half of ten are going to be Democrats.

572
00:32:32,120 --> 00:32:34,840
Speaker 1: We're gonna leave it there. Well, said Fred, that's interesting, No,

573
00:32:35,000 --> 00:32:36,880
Speaker 1: but it is. It's just remarkable to see. I mean,

574
00:32:37,000 --> 00:32:39,320
Speaker 1: especially there's been a lot of rumors about whether or

575
00:32:39,360 --> 00:32:42,440
Speaker 1: not Michelle Obama has any political ambitions, and for her

576
00:32:42,480 --> 00:32:44,800
Speaker 1: to be now front and center in the nation's capital,

577
00:32:44,880 --> 00:32:46,880
Speaker 1: it's gonna be fascinating to cover. We will talk about

578
00:32:46,920 --> 00:32:49,800
Speaker 1: it every step of the way. My thanks to Roger Fiske.

579
00:32:49,840 --> 00:32:51,719
Speaker 1: It's you. Got to talk to you. Roger fisk longtime

580
00:32:51,760 --> 00:32:55,440
Speaker 1: Obama ally and of course a Democratic strategist. And Fred Hackberg,

581
00:32:55,480 --> 00:32:58,040
Speaker 1: another friend of the program, former chairman of the Export

582
00:32:58,120 --> 00:33:00,640
Speaker 1: Import Bank. Thank you both so much for coming on.

583
00:33:00,760 --> 00:33:03,960
Speaker 1: And hey it worked, guys. My transition into it was rough,

584
00:33:04,200 --> 00:33:06,440
Speaker 1: but hey, we're all working from home and we're all

585
00:33:06,440 --> 00:33:08,880
Speaker 1: appreciative that we were able to get two guests on

586
00:33:09,440 --> 00:33:13,000
Speaker 1: at the same time. It's not just city politics, it's

587
00:33:13,040 --> 00:33:17,640
Speaker 1: not just presidential politics that are being impacted by the coronavirus.

588
00:33:17,760 --> 00:33:22,719
Speaker 1: It's also census. Earlier today, I spoke with Congresswoman Caroline Maloney.

589
00:33:22,800 --> 00:33:24,959
Speaker 1: She's a Democrat from New York and she is one

590
00:33:24,960 --> 00:33:27,440
Speaker 1: of the leading voices in Congress on a bipartisan issue,

591
00:33:27,440 --> 00:33:29,640
Speaker 1: which is filling out the census, and I got to

592
00:33:29,680 --> 00:33:32,080
Speaker 1: speak with her about that. Take a listen to my

593
00:33:32,200 --> 00:33:36,480
Speaker 1: interview with Congresswoman Carolyn Maloney. Congresswoman Maloney is one of

594
00:33:36,560 --> 00:33:39,960
Speaker 1: the top Democrats who is leading the charge with regards

595
00:33:40,040 --> 00:33:43,800
Speaker 1: to the US census, and she has not stopped even

596
00:33:43,880 --> 00:33:47,480
Speaker 1: in the midst of the COVID nineteen pandemic. Congresswoman, how

597
00:33:47,600 --> 00:33:54,440
Speaker 1: has COVID nineteen impacted the US census well? As we

598
00:33:54,600 --> 00:33:58,680
Speaker 1: face the coronavirus crisis, A full and accurate census count

599
00:33:59,040 --> 00:34:04,360
Speaker 1: matters now more than ever, and it's absolutely critical to

600
00:34:04,520 --> 00:34:08,880
Speaker 1: secure the funding the community's need for critical services like education,

601
00:34:08,960 --> 00:34:13,680
Speaker 1: medical care, and job programs. UH. Obviously it has impacted

602
00:34:13,800 --> 00:34:18,040
Speaker 1: us in that we're quarantined and it's UH. Everyone is

603
00:34:18,080 --> 00:34:22,880
Speaker 1: focused on on COVID nineteen. UH. The census count, for

604
00:34:23,040 --> 00:34:25,040
Speaker 1: at least for my district is lower than what it

605
00:34:25,200 --> 00:34:27,319
Speaker 1: was ten years ago, so we have to work hard

606
00:34:27,360 --> 00:34:32,120
Speaker 1: to adjust that. But nationally, the response rate is that

607
00:34:32,560 --> 00:34:38,719
Speaker 1: UH per cent, which is pretty pretty good, but my

608
00:34:38,880 --> 00:34:41,680
Speaker 1: district is a good ten points behind forty three percent.

609
00:34:41,760 --> 00:34:44,279
Speaker 1: In New York is it even lower at forty two

610
00:34:44,360 --> 00:34:47,440
Speaker 1: point eight percent. So it has impacted. One of the

611
00:34:47,520 --> 00:34:50,000
Speaker 1: ways it's impacted is that we haven't been able to

612
00:34:50,080 --> 00:34:53,759
Speaker 1: do the UH non response follow up, which is go

613
00:34:53,960 --> 00:34:57,080
Speaker 1: door to door to talk to people and get them

614
00:34:57,120 --> 00:35:00,280
Speaker 1: to fill out their census forms. And for that re reason,

615
00:35:00,880 --> 00:35:06,640
Speaker 1: the administration has asked for requesting Congress to pass a

616
00:35:06,840 --> 00:35:10,880
Speaker 1: law delaying the since its deadline. So that we'll have

617
00:35:11,000 --> 00:35:14,400
Speaker 1: more time to go out and reach out to people.

618
00:35:14,520 --> 00:35:19,440
Speaker 1: Delay it ninety days to kill October one. Do you

619
00:35:19,480 --> 00:35:23,839
Speaker 1: think that that has bipartisan support? I truly do, absolutely.

620
00:35:24,160 --> 00:35:28,080
Speaker 1: The census is really bipartisan. Everybody wants an accurate count.

621
00:35:28,239 --> 00:35:31,040
Speaker 1: It's very important for business too, It's important for cities,

622
00:35:31,080 --> 00:35:36,239
Speaker 1: it's important for states, counties, everyone. And this number that

623
00:35:36,360 --> 00:35:38,319
Speaker 1: you get for the census is going to be there

624
00:35:38,480 --> 00:35:42,640
Speaker 1: for ten years, so it will dictate the funding formulas

625
00:35:43,120 --> 00:35:49,480
Speaker 1: for critical services like housing, medical care, education, and job programs.

626
00:35:49,760 --> 00:35:53,279
Speaker 1: And imagine where we would be if we had had

627
00:35:53,320 --> 00:35:56,880
Speaker 1: an under camp ten years ago when we did the census,

628
00:35:57,120 --> 00:36:01,600
Speaker 1: in terms of having the money the hospital, see personnel

629
00:36:01,920 --> 00:36:06,200
Speaker 1: to respond to this a COVID crisis that we're living

630
00:36:06,280 --> 00:36:08,160
Speaker 1: through now. And you know, you make a really really

631
00:36:08,360 --> 00:36:12,400
Speaker 1: strong point, especially from the business perspective and the business angle,

632
00:36:12,560 --> 00:36:16,560
Speaker 1: because so many small businesses on Main Street are going

633
00:36:16,719 --> 00:36:20,520
Speaker 1: to need funds, are going to need an accurate reporting count,

634
00:36:20,800 --> 00:36:26,480
Speaker 1: especially in the wake of the COVID nineteen pandemic. I

635
00:36:26,520 --> 00:36:31,960
Speaker 1: would say that businesses rely greatly on census numbers for planning.

636
00:36:32,640 --> 00:36:37,000
Speaker 1: It shows where populations are, it shows what services are there.

637
00:36:37,200 --> 00:36:40,719
Speaker 1: It shows all kinds of information where they can decide

638
00:36:40,800 --> 00:36:45,240
Speaker 1: where they need to put a plant or a company

639
00:36:45,480 --> 00:36:48,640
Speaker 1: or a small store or whatever. So if your census

640
00:36:48,760 --> 00:36:51,640
Speaker 1: numbers aren't right, your data is not right, so then

641
00:36:51,719 --> 00:36:55,000
Speaker 1: your policies and planning aren't right. So it's critical in

642
00:36:55,440 --> 00:36:59,680
Speaker 1: that respect. It's also critical to the support and funding

643
00:37:00,000 --> 00:37:03,640
Speaker 1: of the community in which a business resides. So if

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00:37:03,680 --> 00:37:06,279
Speaker 1: you are undercounted, you don't have the money for the

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00:37:06,360 --> 00:37:09,880
Speaker 1: schools to educate the people to work, and businesses you

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00:37:09,960 --> 00:37:13,399
Speaker 1: don't have the mass transit dollars to bring them into

647
00:37:13,680 --> 00:37:16,440
Speaker 1: the sites where they work, or the or the roads

648
00:37:16,480 --> 00:37:20,160
Speaker 1: and bridges repairs that are needed. So it's really very critical.

649
00:37:20,239 --> 00:37:23,360
Speaker 1: If many people think it's boring, but it's actually critical

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00:37:24,000 --> 00:37:27,040
Speaker 1: to our our way of life in many ways. It's

651
00:37:27,080 --> 00:37:31,800
Speaker 1: one of the few responsibilities of government that is actually

652
00:37:31,920 --> 00:37:35,719
Speaker 1: listed in the Constitution as a must do requirement of

653
00:37:35,840 --> 00:37:40,879
Speaker 1: government for planning to go forward. So businesses should make

654
00:37:40,960 --> 00:37:43,600
Speaker 1: a big effort to make sure that all of their

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00:37:44,160 --> 00:37:47,200
Speaker 1: people who work with them fill out their forms, that

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00:37:47,360 --> 00:37:50,200
Speaker 1: they tell their families, their neighbors, their community to fill

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00:37:50,239 --> 00:37:53,759
Speaker 1: it out. Uh. It's uh, it's good for everyone. And

658
00:37:53,880 --> 00:37:57,160
Speaker 1: your staff chairwoman prepared to report for you. Uh. And

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00:37:57,280 --> 00:37:59,959
Speaker 1: one of the items in the report that I found

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00:38:00,680 --> 00:38:03,920
Speaker 1: just I highlighted it especially as it as it relates

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00:38:03,960 --> 00:38:07,600
Speaker 1: to the underserved in our country. For every low income

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00:38:07,719 --> 00:38:11,920
Speaker 1: worker who gets counted, the programs will receive four hundred

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00:38:12,000 --> 00:38:15,320
Speaker 1: and seventy dollars in the district. So if there is

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00:38:15,400 --> 00:38:18,200
Speaker 1: just a one percent under count in two thousand and twenty,

665
00:38:18,480 --> 00:38:21,200
Speaker 1: a district could lose more than three hundred and twenty

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00:38:21,320 --> 00:38:24,480
Speaker 1: thousand dollars in federal funding. And you and I both know,

667
00:38:24,640 --> 00:38:27,120
Speaker 1: and this is regardless of which party are in that

668
00:38:27,360 --> 00:38:29,800
Speaker 1: that money counts. That money means something, that's food on

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00:38:29,880 --> 00:38:33,080
Speaker 1: the table, and that's you know, basic services for for

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00:38:33,320 --> 00:38:36,840
Speaker 1: the underserved in our country. That's true. And for schools,

671
00:38:36,960 --> 00:38:39,719
Speaker 1: we did it and it showed that for a one

672
00:38:39,800 --> 00:38:43,239
Speaker 1: percent under count you can lose in your school it's

673
00:38:43,280 --> 00:38:46,360
Speaker 1: for your school districts over four hundred and thirty thousand dollars.

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00:38:46,440 --> 00:38:49,320
Speaker 1: That's a lot of wow. So it's a lot of

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00:38:49,400 --> 00:38:54,160
Speaker 1: money in schools and job training and our our formulas

676
00:38:54,239 --> 00:38:58,320
Speaker 1: really for medicare, medicaid, all of these items that go

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00:38:58,520 --> 00:39:03,480
Speaker 1: into community to help support the community and keep the community.

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00:39:04,680 --> 00:39:10,120
Speaker 1: That was my exclusive interview with counter siman Carolyn Maloney. UH.

679
00:39:10,320 --> 00:39:13,360
Speaker 1: And again you can check that out on Bloomberg Bloomberg

680
00:39:13,440 --> 00:39:15,279
Speaker 1: tv dot com. I want to thank, by the way,

681
00:39:15,360 --> 00:39:18,200
Speaker 1: all of our work from Home Squad, Charlie Vallmer, Christine

682
00:39:18,239 --> 00:39:22,360
Speaker 1: barattam At Shirley, Bob Bragg and all of the rest

683
00:39:22,560 --> 00:39:25,320
Speaker 1: for all of their help in uh once again continuing

684
00:39:25,560 --> 00:39:27,520
Speaker 1: to make this work. My tweet of the day goes

685
00:39:27,600 --> 00:39:30,799
Speaker 1: to my friend, my mentor someone who keeps me from

686
00:39:31,400 --> 00:39:34,239
Speaker 1: getting in too much trouble. Tom Keane, who tweeted out

687
00:39:34,440 --> 00:39:37,680
Speaker 1: something at d c S which just published a story

688
00:39:38,120 --> 00:39:41,280
Speaker 1: on their blog that Bench Chili Bowl folks has gotten

689
00:39:41,320 --> 00:39:44,000
Speaker 1: a p p P loan. Bench Chili Bowl, our friends

690
00:39:44,040 --> 00:39:46,799
Speaker 1: at Bench Chilli Bowl has gotten a p p P loan.

691
00:39:46,880 --> 00:39:49,480
Speaker 1: That's some good news for you, right enough of the Lakers,

692
00:39:49,560 --> 00:39:51,600
Speaker 1: Bench Chili Bowl is gonna still be in business. They

693
00:39:51,680 --> 00:39:54,880
Speaker 1: got a the legendary Bench Chili Bowl got a p

694
00:39:55,000 --> 00:39:56,600
Speaker 1: p P loan. It kind of makes me hungry for

695
00:39:56,640 --> 00:39:58,879
Speaker 1: Bench Chili Bowl. Um. Coming up later this week, we've

696
00:39:58,880 --> 00:40:01,879
Speaker 1: got more exclusive interviews. UM. We're all stars. UH. We're

697
00:40:01,880 --> 00:40:04,920
Speaker 1: gonna check in with Congressman Dan Crenshaw, a rising Republican

698
00:40:04,960 --> 00:40:09,600
Speaker 1: star from Texas Tomorrow full analysis of the FED as

699
00:40:09,680 --> 00:40:12,320
Speaker 1: well and everything that they're grappling with. I'm Kevin CURRELLI

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00:40:12,400 --> 00:40:15,880
Speaker 1: cheap Washington correspondent for Bloomberg TV and Bloomberg Radio. I

701
00:40:15,960 --> 00:40:18,200
Speaker 1: kind of want some Ben Sholly Ball. Thanks for listening

702
00:40:18,239 --> 00:40:20,239
Speaker 1: to Bloomberg One