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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. You're listening to the

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Speaker 1: Bloomberg Balance of Power podcast. Catch us live weekdays at

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Speaker 1: noon and five pm Eastern on Applecarckley and Android Auto

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Speaker 1: with the Bloomberg Business App. Listen on demand wherever you

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Speaker 1: get your podcasts, or watch us live on YouTube.

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Speaker 2: It's not every day in Washington or anywhere for that matter,

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Speaker 2: you get Donald Trump, Tom Brady, and the Village people

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Speaker 2: in the same room. But that's what we have for

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Speaker 2: you today at the Kennedy Center. It's snowing out in Washington.

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Speaker 2: It's a beautiful day. Actually, kids went to school late.

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Speaker 2: There's pretty much nobody on the roads around here, and

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Speaker 2: the FIFA World Cup draw is underway. A little bit

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Speaker 2: later on in the program, we might see Donald Trump

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Speaker 2: on stage up there, because you know, there's this rumor

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Speaker 2: around town that he's going to win the inaugural FIFA

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Speaker 2: Peace Prize. If that happens, we will let you know.

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Speaker 2: In the meantime, we've got a lot of things to

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Speaker 2: figure out today in Washington. After a ruling that dropped

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Speaker 2: from the Supreme Court. After the late edition of Balance

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Speaker 2: of Power yesterday six', Three texas can move ahead with

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Speaker 2: its plans to redraw congressional. Maps, indeed the New republican drawn,

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Speaker 2: map the redistricting for next year's, election will be in.

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Speaker 2: Place and you know what that. Means look To, california

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Speaker 2: look To, Indiana, florida Even New york and other states

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Speaker 2: that have considered redrawing their maps because of What texas was.

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Speaker 2: Doing we have this story and of course a looming

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Speaker 2: vote next, week and we're not sure exactly what they're

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Speaker 2: going to vote on when it comes to extending or reforming.

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Speaker 2: Healthcare that's why we left the building today to go

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Speaker 2: up To Capitol hill and spend some time with A

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Speaker 2: democratic leader in The. House Hakim jeffrey is with us

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Speaker 2: here exclusively On Bloomberg.

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Speaker 3: Radio.

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Speaker 4: Listen it's unfortunate That Supreme court has rubber stamp a

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Speaker 4: racially jerrymandered extreme map That Donald trump Ordered Texas republicans

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Speaker 4: to engineer as part of his effort to try to

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Speaker 4: rig the midterm elections in twenty twenty. Six but notwithstanding

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Speaker 4: this adverse, ruling we're going to continue to move forward

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Speaker 4: and ensure that there is a fair map across the.

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Speaker 4: Country california voters Enacted. Prop fifty and as a, result

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Speaker 4: we'll have a fair map In california with some additional

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Speaker 4: opportunities to be, competitive AND i expect that you'll see

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Speaker 4: other states across the country continue to.

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Speaker 2: Respond will yours be one of? Them are you on

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Speaker 2: the phone With Governor hokeel today saying it's time to

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Speaker 2: redraw The New york?

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Speaker 4: Map, well The New york map has some particularities relative

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Speaker 4: to The constitution that won't necessarily allow it to be

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Speaker 4: revisited in this particular. Cycle but some voters have filed

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Speaker 4: a lawsuit In New york and we're monitoring that litigation

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Speaker 4: closely to see what the outcome may.

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Speaker 2: Be, okay there's a question about whether you really need,

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Speaker 2: It Leader. Jeffries after the special election In tennessee On,

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Speaker 2: tuesday we saw a plus twenty Two trump districts go

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Speaker 2: down to a plus Nine trump District and you've got

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Speaker 2: a lot of armchair mathematicians out there suggesting that could

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Speaker 2: meet as many as thirty or thirty five seats For

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Speaker 2: democrats in the. Midterms how do you see.

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Speaker 4: It, Well republicans know that if the elections were held,

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Speaker 4: today they would. Lose that's the reason Why Donald trump

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Speaker 4: has decided to engage in this extreme effort to jerrymander

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Speaker 4: congressional maps all across the, country and it's very. Unfortunate

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Speaker 4: our view is that we're not going to unilaterally, disarm

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Speaker 4: and we have to ensure that there's a fair map

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Speaker 4: nationally across the, board so that it's the voters who

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Speaker 4: get to decide who is in the majority after The

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Speaker 4: november twenty twenty sixth. Election part of the challenge With

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Speaker 4: republicans is that they've broken all of their. Promises they

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Speaker 4: indicated that they were going to lower, costs in, fact

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Speaker 4: or lower costs on day, one costs having gone down In,

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Speaker 4: america costs have gone up housing costs or through the,

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Speaker 4: roof grocery prices through the, roof electricity bills through the.

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Speaker 4: Roof and, now because My republican colleagues refuse to extend

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Speaker 4: The Affordable Care act tax, credits we know tens of

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Speaker 4: millions of people are about to experience dramatically increase health care.

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Speaker 4: Costs democrats are actually the party focused on driving down

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Speaker 4: the high cost of.

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Speaker 2: Living so let's talk about a couple of those points

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Speaker 2: of leverage that you just pointed, out affordability and. Healthcare

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Speaker 2: many would argue that it's kind of the same story.

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Speaker 2: Here President trump has been saying that affordability is A democrat,

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Speaker 2: hoax A democrat con. Job does that mean you do

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Speaker 2: not Have republicans on board with you in reforming healthcare

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Speaker 2: or Extending obamacare. Subsidies it appears that.

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Speaker 4: Way it's unfortunate that the president's, position which is The

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Speaker 4: republican parties, position is that the affordability crisis in The

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Speaker 4: United states Of america is a con job and it's a. Hoax,

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Speaker 4: no what was a con job and hoax was the

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Speaker 4: fact That republicans spent all of last year claiming that

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Speaker 4: they were going to lower the high cost of living

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Speaker 4: in The United states Of, america that they were a

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Speaker 4: party committed to addressing the inflationary pressure that The american

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Speaker 4: people were. Under that's all they talked about last. Year

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Speaker 4: but they lied to the. Voters that's the. Conjob you.

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Speaker 4: Lied they absolutely lied to the, voters because there's no

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Speaker 4: evidence throughout this year that they've had any intention to

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Speaker 4: actually address the affordability crisis that. Exists in, fact they

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Speaker 4: now say it's all a. Hoax but Everyday americans when

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Speaker 4: they go to the grocery store the, supermarket when they

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Speaker 4: see their healthcare premiums dramatically, increasing when they see the

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Speaker 4: electricity bills that they, have which are through the, roof

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Speaker 4: in part Because republicans in their one big Ugly bill

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Speaker 4: attacked the clean energy Economy at a time In america

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Speaker 4: where we have growing power needs in terms of what

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Speaker 4: we see with the expansion of artificial, intelligence it's all.

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Speaker 4: Extraordinary So republican leadership has made it clear they have

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Speaker 4: no intention to extend The Affordable Care act tax, credits

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Speaker 4: and that's very.

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Speaker 2: Unfortunate you know what The White house would, Say hold,

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Speaker 2: On Leader. Jeffries this president's been working over time to

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Speaker 2: cut deals to lower the cost of prescription. Drugs serve

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Speaker 2: credit for that. Effort we haven't.

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Speaker 4: Seen any evidence that prescription drug prices have gone down

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Speaker 4: in any meaningful. Way what we have seen that The

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Speaker 4: trump terrorist are out of. Control they've increased costs by

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Speaker 4: thousands of dollars per year on Everyday, americans and they've

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Speaker 4: created an uncertain environment for businesses and corporations throughout the.

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Speaker 4: Country and we know that uncertainty is one of the

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Speaker 4: biggest problems That american corporations and companies may face it's

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Speaker 4: difficult to actually make investments when you have this chaotic

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Speaker 4: environment that has been visited upon the.

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Speaker 2: Economy so let's talk about what you can get done

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Speaker 2: before the expiration of these subsidies at the end of the.

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Speaker 2: MONTH a bill was introduced, yesterday a framework that was.

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Speaker 2: BIPARTISAN A democrat and A Republican gotttheimer And. Kiggins it

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Speaker 2: would extend these subsidies for a year and put new

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Speaker 2: callers on. Eligibility is this a path to renewal in your?

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Speaker 3: Eyes, well we'll have.

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Speaker 4: To take a look at the particulars in the four

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Speaker 4: corners of that. Bill two hundred and Fourteen democrats have

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Speaker 4: sign in The discharge petition that will extend The Affordable

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Speaker 4: Care act tax credits for three years and give The

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Speaker 4: american people the certainty that they need in order to

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Speaker 4: move forward during these otherwise uncertain. Times all we need

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Speaker 4: are Four. Republicans they're two hundred and nineteen of. Them

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Speaker 4: all we need are Four House republicans to join, us

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Speaker 4: and we can extend The Affordable Care act tax. Credits

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Speaker 4: we also want to take a look at what happens

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Speaker 4: in The. Senate i'm thankful for lead To schumer And

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Speaker 4: Senate democrats who will put a bill forward next week

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Speaker 4: and force an up and down vote on an extension

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Speaker 4: of The Affordable Care act tax. Credits we're in this

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Speaker 4: fight until we win this fight on behalf of The american,

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Speaker 4: people because in the wealthiest country in the history of the,

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Speaker 4: world it cannot be the case that working Class americans

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Speaker 4: and middle Class americans are unable to afford to go

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Speaker 4: see a doctor when they need.

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Speaker 2: One are you in touch with The speaker of The

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Speaker 2: house On this Is Mike johnson talking to you about

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Speaker 2: a potential vote After John fune promised a vote on

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Speaker 2: healthcare in The senate Next.

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Speaker 4: Thursday you, know the big challenge With House republicans has

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Speaker 4: been that they've adopted a my way of the highway.

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Speaker 4: Approach they have zero interests in actually sitting down and

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Speaker 4: finding a bipartisan path. Forward we've said from the very

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Speaker 4: beginning of this year and throughout The Trump republicans, shutdown

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Speaker 4: that we will sit down with, anyone, anytime any place

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Speaker 4: here in The capitol or go back to The White,

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Speaker 4: house sit with The president to try to figure out

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Speaker 4: how we can fix our broken healthcare system and address

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Speaker 4: The republican created healthcare crisis that's devastating people all Across.

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Speaker 4: America they've refused repeatedly to sit down and even try

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Speaker 4: to find common.

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Speaker 2: Ground my conversation from a short time ago With Hakim,

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Speaker 2: jeffries of, course The democratic leader in The house Of.

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Speaker 2: Representatives if you want to see the full, interview go

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Speaker 2: to the terminal or look online At bloomberg dot com

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Speaker 2: find it on YouTube moments after we. Spoke this is.

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Speaker 2: Important The speaker of The house may not be in

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Speaker 2: touch With Hakim, jeffries but is With. Bloomberg as we

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Speaker 2: just learned this, Morning Speaker johnson is pushing to unveil

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Speaker 2: A republican healthcare bill in the coming days for a.

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Speaker 2: Vote his office says by the end of the, month,

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Speaker 2: when of, Course obamacare subsidies would. Expire we'll have much

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Speaker 2: more on this for you as we learn more live From.

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Speaker 2: Washington I'm Joe. Matthew thanks for being with us on

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Speaker 2: The friday edition Of balance Of. Power stay with us

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Speaker 2: On balance Of. Power we'll have much more coming up after.

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Speaker 1: This you're listening to The Bloomberg balance Of power. Podcast

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Speaker 1: catch us live weekdays at noon and five Pm eastern

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Speaker 1: On Apple coarclay And Android auto with The Bloomberg Business.

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Speaker 1: App you can also listen live On Amazon alexa from

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Speaker 1: our Flagship New york Station Just Say alexa Played bloomberg

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Speaker 1: eleven thirty On.

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Speaker 2: BLOOMBERG tv And radio Find, us as well streaming live

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Speaker 2: on YouTube with breaking. News ahead of our conversation With

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Speaker 2: Republican Congresswoman lisa, McLain it's SOMETHING i want you to.

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Speaker 2: Hear this is a member of the, leadership chairing The

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Speaker 2: Republican conference in The house and also from the critical

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Speaker 2: swing state Of. Michigan we're going to talk prices and

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Speaker 2: healthcare in just a couple of. Moments, first we want

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Speaker 2: to look at the data. Today we'll set the baseline

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Speaker 2: With Edward, harrison as consumer spending shows up a little

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Speaker 2: changed In. September we got NEW bls data today core

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Speaker 2: personal consumption. Expenditures, yes THE pce said to be The

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Speaker 2: fed's preferred measure of inflation up two tenths From, august

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Speaker 2: up two point eight percent from the prior, year and

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Speaker 2: by THAT i mean more than two. Percent so let's

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Speaker 2: get into it With Edward, Harrison Bloomberg senior strategist and

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Speaker 2: author of the newsletter you should be subscribed to right.

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Speaker 2: Now it's good to see, You. Edward we're hungry for,

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Speaker 2: data so we're poring over anything that we can, get

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Speaker 2: and in this case it's a pretty important one WITH.

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Speaker 2: Pce does this allow THE fed to cut next?

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Speaker 5: Week you, Know, joe interesting beta is is you've kept

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Speaker 5: on saying versus The august, number and here we are In,

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Speaker 5: december so it's all my numbers.

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Speaker 2: Are so do they know.

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Speaker 5: It doesn't really? Matter it doesn't matter because you, know

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Speaker 5: we've moved on from.

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Speaker 3: That it's just too.

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Speaker 5: Stale it's too, stale and a lot of things have

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Speaker 5: happened in the. Interim people are much more concerned about

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Speaker 5: was the holiday shopping? Good and is the consumer after

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Speaker 5: that month long pause in the in THE us government

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Speaker 5: is still able to continue to power THE us.

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Speaker 2: Economy so when you sit down with your everything risk had.

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Speaker 2: On are you more concerned about prices today or the

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Speaker 2: health of the job?

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Speaker 5: Market you, Know i'm probably more concerned about. PRICES i

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Speaker 5: think that the job market concern.

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Speaker 3: It's it's deep in the sense.

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Speaker 5: THAT i think very large pockets of THE us economy

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Speaker 5: or and recession because the job market is so. Weak

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Speaker 5: BUT i think that we still have a price, problem

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Speaker 5: and with The Affordable CARE a subsidies some of those

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Speaker 5: going away In, january it's going to be even more

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Speaker 5: difficult for a lot of us.

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Speaker 3: Consumers well that.

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Speaker 2: What pockets by the way of the economy do you

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Speaker 2: see in? Recession that's quite a.

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Speaker 3: Statement, YEAH i would say.

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Speaker 5: That you, know we've had the housing market at points in,

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Speaker 5: time insiraction office space has been in.

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Speaker 3: Recession and then also.

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Speaker 5: If you take the whole cohort of, people who are you,

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Speaker 5: know say the bottom, quintile bottom two, quintiles they've had

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Speaker 5: a very hard time given the price pressures that we've

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Speaker 5: had and also the very low growth in job.

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Speaker 2: Formation, sure we see consumer sentiment rising for the first

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Speaker 2: time in five. Months do you take heart in that?

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Speaker 2: Number you, KNOW i take some heart in the.

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Speaker 5: Number but if you looked at the present situation, number you,

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Speaker 5: KNOW i really look at it as a reflection Of,

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Speaker 5: okay now the you, know the the we know that

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Speaker 5: the government's not going to be shut down. Anymore but

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Speaker 5: if we looked at the present conditions, number it actually

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Speaker 5: went down Relative it was lower than the. Expectations so

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Speaker 5: people are saying that it's actually not all well and

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Speaker 5: good but you, know enough people from the upper quintiles

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Speaker 5: of the income distribution are, spending and then we HAVE

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Speaker 5: ai bubble as. Well that's helping to keep things. Going

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Speaker 5: but you, know there are pockets of distress there for.

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Speaker 2: Sure interesting when you look at the state of the market,

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Speaker 2: here we've had some shaky. Days november was not a,

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Speaker 2: Blast but the fact of the matter is it's still

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Speaker 2: been a pretty darn good year and the indexes are

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Speaker 2: not that far from their. Highs we haven't had a

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Speaker 2: full blown ten percent correction in a long. Time or

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Speaker 2: does that suggest that the stock market is part of

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Speaker 2: everything risk right now because we haven't accommodated for the

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Speaker 2: trends you're talking.

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Speaker 5: About, yeah you, KNOW i think that the stock market

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Speaker 5: isn't at risk per se unless the labor market weakness

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Speaker 5: starts to broaden. OUT i would say that the buy

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Speaker 5: the dipmanity is still in, effect and that what you

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Speaker 5: see from The bank Of america customer survey is that

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Speaker 5: we had six weeks of tech outflows and then last

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Speaker 5: week we had tech. Inflows so we're at a point

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Speaker 5: now where people feel like they've taken enough risk off

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Speaker 5: the table because OF, ai and then they're back in the.

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Speaker 5: Game the whole by the dip mentality is still.

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Speaker 3: There you.

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Speaker 5: KNOW i would say that there are probably two things

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Speaker 5: that are keeping things a little bit.

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Speaker 3: Tighter one is that.

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Speaker 5: Crypto is constantly creating externalities into other risk. Assets about,

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Speaker 5: that and then the second thing is that actually global

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Speaker 5: interest rates are. Rising you, know THE us is a

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Speaker 5: lagger in terms of the rising of interest rates and

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Speaker 5: also in terms of cutting you, know the next move

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Speaker 5: could be higher for many different central, banks And japan

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Speaker 5: is already.

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Speaker 2: There. Fascinating this has been an interesting couple of. Days Edward,

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Speaker 2: harrison author of The Everything risk. Newsletter it's great to have,

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Speaker 2: you as always with us here In washington On Blomberg

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Speaker 2: I'm Joe matthew as we consider affordability and of course

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Speaker 2: the breaking news coming From Capitol hill today The speaker

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Speaker 2: of The house suggesting that a healthcare proposal will be

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Speaker 2: on the, table A republican healthcare, proposal by the end

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Speaker 2: of next. Week this is something THAT i in fact

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Speaker 2: talked about earlier today On Capitol hill with The Democratic

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Speaker 2: leader in The, House Hakim. Jeffries talked to us about

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Speaker 2: the looming deadline for the expiration Of obamacare subsidies That

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Speaker 2: edward just, mentioned and he doesn't see a lot of

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Speaker 2: opportunity for, cooperation at least not. Yet here's What Hakim

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Speaker 2: jeffries told us.

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Speaker 4: Today the big challenge With House republicans has been that

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Speaker 4: they've adopted a my way of the highway. Approach they

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Speaker 4: have zero interests in actually sitting down and finding a

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Speaker 4: bipartisan path. Forward we've said from the very beginning of

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Speaker 4: this year and throughout The Trump republicans, shutdown that we

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Speaker 4: will sit down with, anyone, anytime any place here in

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Speaker 4: The capitol or go back to The White, house sit

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Speaker 4: with The president to try to figure out how we

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Speaker 4: can fix our broken healthcare system and address The republican

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Speaker 4: created healthcare crisis as devastating people all Across.

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Speaker 2: America, now our next guest is going to disagree with

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Speaker 2: everything That Hakim jeffrey has just, said and that's what

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Speaker 2: we do here on balance of. Power we hear from

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Speaker 2: both sides of the. Aisle the important, headline, though is

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Speaker 2: That republicans apparently will have their own plan next, week

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Speaker 2: and that's where we start our conversation With Congresswoman lisa,

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Speaker 2: McLain Who's chair of The House Republican conference From michigan's ninth.

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Speaker 2: District it's great to see, You. Congresswoman welcome back To

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Speaker 2: BLOOMBERG tv And. Radio do you have a sense of

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Speaker 2: what this plan will look?

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Speaker 6: Like, Yeah i'm actually rather. Excited the biggest difference between

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Speaker 6: The democrats plan and The republicans plan is The democrats

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Speaker 6: want just to subsidize THE aca, credits and the problem

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Speaker 6: with that is if we do, that no one's premium comes.

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Speaker 6: Down all it does is line the pockets of big insurance.

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Speaker 6: Companies and WHAT i might remind everybody is this Is.

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Speaker 6: Obamacare the healthcare crisis was started by The. Democrats SO

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Speaker 6: i am excited to hear that both sides agree that

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Speaker 6: The Affordable Care act is anything but affordable and that

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Speaker 6: it needs.

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Speaker 7: Revamping and that's what we're.

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Speaker 6: Doing we will focus more on driving down actual premiums

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Speaker 6: one and two giving people. Choice so if they get a,

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Speaker 6: subsidy do they have to can they only use that

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Speaker 6: subsidy for the unaffordable healthcare or can they use it somewhere.

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Speaker 6: Else so the main differences are we are really truly

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Speaker 6: focused on driving premium costs, down not subsidizing large insurance.

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Speaker 2: Companies understood what you're saying in, principle But i'm curious

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Speaker 2: what happens in the immediate term. Here there was a

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Speaker 2: bipartisan bill introduced yesterday That i'm sure you know plenty about.

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Speaker 2: It we talked to it about it WITH. Hakem jeffries this.

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Speaker 2: Morning The Gotttheimer kiggins bill would actually Extend obamacare subsidies

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Speaker 2: for one year while also reforming the plan to add

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Speaker 2: some callers around. Eligibility, well we need to see a

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Speaker 2: plan something like that so there's not this so Called

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Speaker 2: obamacare cliff or healthcare cliff that's looming at the end

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Speaker 2: of the.

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Speaker 6: Month, yeah, listen we want to make sure that everybody

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Speaker 6: who wants to keep Their obamacare plan can keep Their

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Speaker 6: obamacare plan and that it's. Affordable, right we both, agree

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Speaker 6: and both sides agree on. Affordability BUT i think you're

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Speaker 6: going to see we have a menu of, options and

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Speaker 6: what we're going to have to see is how do

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Speaker 6: we thread that needle to make sure that premiums are,

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Speaker 6: down that things are, affordable and that we eliminate the

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Speaker 6: waste of fraud and. Abuse BECAUSE i do believe that

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Speaker 6: both sides also agree that somebody making six hundred thousand

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Speaker 6: dollars a year doesn't really qualify for the subsidies or

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Speaker 6: the tax. Credits so that's what we're focused on working.

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Speaker 6: ON i am an optimist by, nature And i've been

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Speaker 6: in those meetings with The speaker and with the heads

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Speaker 6: of our, committees and you will see a plan that

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Speaker 6: will be put on the. Floor there's going to be

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Speaker 6: a lot more work to be, done but it will

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Speaker 6: be a good.

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Speaker 7: Start.

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Speaker 2: Fascinating, president while we're talking about, affordability says he's got

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Speaker 2: an issue with that. Word he calls it A democrat con.

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Speaker 2: Job what does he?

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Speaker 6: Mean, yeah, WELL i think if everyone were to take

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Speaker 6: a look at what got us, Here let's take a

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Speaker 6: look at the past four. Years Under, biden inflation was sky,

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Speaker 6: high you, know upwards of nine. Percent it's down now

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Speaker 6: less to three less than three. Percent he shut off

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Speaker 6: all of the oil and gas in The United states

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Speaker 6: made that more. Difficult so if we talk about the affordability,

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Speaker 6: crisis the root of, that not to mention the trillions

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00:20:04,320 --> 00:20:09,200
Speaker 6: of dollars that His Inflation Reduction act put in place

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00:20:09,280 --> 00:20:14,920
Speaker 6: and insurged into the. Economy it made things very, unaffordable

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Speaker 6: and we are in a recovery period now AND i

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00:20:17,960 --> 00:20:22,520
Speaker 6: think you see progress on that. Right gas prices are,

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00:20:22,640 --> 00:20:28,480
Speaker 6: down heating prices are, down mortgage rates are, down so we're.

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00:20:28,600 --> 00:20:32,879
Speaker 6: Beginning inflation is, down so we're beginning to. Recover not

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Speaker 6: to mention what's going to happen in twenty. Six if

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Speaker 6: you listen To Scott, bessant WHICH i happen to agree,

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Speaker 6: with the economy will be jumped started with higher, wages

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00:20:42,520 --> 00:20:46,719
Speaker 6: no taxes on, tips no taxes on, overtime you, know

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00:20:46,840 --> 00:20:50,440
Speaker 6: less taxes on Social. Security those are all positive things

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00:20:50,480 --> 00:20:55,160
Speaker 6: that puts more money in the people's pockets and drive wages.

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00:20:55,400 --> 00:21:01,199
Speaker 6: Up that's all a positive positive while while avoiding the

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Speaker 6: largest tax crease in history with the working family's tax.

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Speaker 2: CUTS i want to hit you in your backyard, Here.

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00:21:07,960 --> 00:21:10,239
Speaker 2: Congress i'll want to talk cars while you're with. Us

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Speaker 2: The trump administration has begun the process of easing, economy

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Speaker 2: fuel economy, requirements cafe standards as they're called for new.

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Speaker 2: VEHICLES i believe he were standing right next to him

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Speaker 2: in The oval office when this was announced just the other.

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Speaker 2: Day and that's not the only thing that he. Announced,

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Speaker 2: Congressman let's go to The White house and listen to

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Speaker 2: The president from earlier this.

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Speaker 8: Week my administration has taken a sorc action to lower

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Speaker 8: costs For american, consumers Protect american auto, jobs and make

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Speaker 8: buying your car much more affordable for Accountless american.

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00:21:41,400 --> 00:21:44,280
Speaker 9: Families and also, say for gist about everything is. Dad

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Speaker 9: you know this whole thing is they use the word.

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00:21:47,600 --> 00:21:51,320
Speaker 9: Affordability it's A democrat. Hoax they're the ones that drove

404
00:21:51,400 --> 00:21:54,000
Speaker 9: the prices. UP i think affordability is the greatest.

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00:21:54,040 --> 00:21:57,520
Speaker 8: Conduct when they use the word, affordability they never say anything.

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Speaker 2: Else you were standing right next to them at that.

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00:22:01,080 --> 00:22:05,280
Speaker 2: Event what are you hearing from automakers in your? State

408
00:22:05,359 --> 00:22:08,800
Speaker 2: what Does Mary barras? Say what Does Jim farley say

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00:22:08,920 --> 00:22:11,640
Speaker 2: about the cafe? Standards they were all in town as

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Speaker 2: part of. This will this in fact lower the costs

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Speaker 2: of a?

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Speaker 7: Car, yeah listen to what the automakers.

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Speaker 6: Say the people that actually are building the, cars they

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00:22:20,000 --> 00:22:24,040
Speaker 6: are extremely excited about it because it's less regulation and

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00:22:24,080 --> 00:22:28,320
Speaker 6: it makes the car more affordable for the Average. American

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00:22:28,800 --> 00:22:32,600
Speaker 6: there IS i think roughly about sixteen to seventeen thousand

417
00:22:32,640 --> 00:22:39,400
Speaker 6: dollars per employee that these automakers are spending because of

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00:22:39,600 --> 00:22:45,159
Speaker 6: regulation in the more regulation you put on manufacturers on,

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00:22:45,240 --> 00:22:48,960
Speaker 6: people that's passed right down to the. Consumer so they're

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00:22:49,000 --> 00:22:54,080
Speaker 6: excited on. Twofold one that they can produce the automobiles more,

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00:22:54,080 --> 00:23:00,240
Speaker 6: affordable and two that they produce an actual automobile or

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00:23:00,280 --> 00:23:04,200
Speaker 6: a product that people want to. Buy so they're extremely

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Speaker 6: excited about. It don't take my word for, it take. Theirs, well, Okay.

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Speaker 2: SO i want to pick up on something you just,

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Speaker 2: said BECAUSE i always hear That americans want to buy big.

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Speaker 2: Cars we love our, SUVs we love our f, one.

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Speaker 2: FIFTIES i can't even park in the garage half the

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00:23:21,760 --> 00:23:24,520
Speaker 2: time because there's so many big trucks down. There congresswoman

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Speaker 2: the president on truth social, though and he talked about

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Speaker 2: it in the oval with you the other. DAY i

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Speaker 2: have just approved tiny cars to be built In, america he.

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Speaker 2: Says manufacturers have long wanted to do, this just like

433
00:23:35,960 --> 00:23:39,080
Speaker 2: they are so successfully built in other. Countries he says

434
00:23:39,080 --> 00:23:43,080
Speaker 2: they can be gas electric or, hybrid very near, future, inexpensive,

435
00:23:43,160 --> 00:23:47,080
Speaker 2: safe fuel, efficient and he, says quite simply. Amazing start building. Them,

436
00:23:47,080 --> 00:23:48,800
Speaker 2: now what are these tiny cars that are?

437
00:23:48,800 --> 00:23:52,199
Speaker 6: Coming, YEAH i haven't seen the tiny, cars BUT i

438
00:23:52,240 --> 00:23:55,080
Speaker 6: think what The president's trying to do is actually give

439
00:23:55,240 --> 00:23:58,800
Speaker 6: the consumer, choice The american people. Choice if you want

440
00:23:58,800 --> 00:24:01,120
Speaker 6: a big f one to fifty and have. One if

441
00:24:01,160 --> 00:24:04,440
Speaker 6: you want to drive a, small tiny, car you have

442
00:24:04,560 --> 00:24:07,560
Speaker 6: that opportunity and you have that choice as. Well no

443
00:24:07,640 --> 00:24:09,600
Speaker 6: different than if you want to buy an electric car

444
00:24:09,680 --> 00:24:12,840
Speaker 6: or high bred car you. Can but if you want

445
00:24:13,000 --> 00:24:14,640
Speaker 6: a gas powered engine you can.

446
00:24:14,720 --> 00:24:18,440
Speaker 7: Too so we are all, about and The president is all.

447
00:24:18,480 --> 00:24:20,679
Speaker 6: About we don't want to tell you what to, do

448
00:24:20,760 --> 00:24:23,000
Speaker 6: when to do, it how to do. It we actually

449
00:24:23,160 --> 00:24:26,240
Speaker 6: believe in people and people can make the right. Decision

450
00:24:26,680 --> 00:24:29,640
Speaker 6: we don't need big government telling us what to do

451
00:24:29,680 --> 00:24:31,240
Speaker 6: and what to buy and how to buy.

452
00:24:31,280 --> 00:24:35,280
Speaker 2: It i've got you pegged For i'm just blue sky in,

453
00:24:35,359 --> 00:24:39,040
Speaker 2: here escalade. Driver what do you have in the garage?

454
00:24:39,080 --> 00:24:40,399
Speaker 2: CONSOLE i haven't in the state Of.

455
00:24:40,440 --> 00:24:44,679
Speaker 6: MICHIGAN i have an OLD Gmc. Yukon that's WHAT i.

456
00:24:44,760 --> 00:24:46,480
Speaker 6: Drive and it's great driving A.

457
00:24:46,560 --> 00:24:46,840
Speaker 2: Yukon.

458
00:24:47,000 --> 00:24:47,200
Speaker 10: Yep.

459
00:24:47,560 --> 00:24:49,360
Speaker 7: YEAH i have four.

460
00:24:49,200 --> 00:24:52,840
Speaker 6: Kids and they all have, spouses so when we all get,

461
00:24:52,840 --> 00:24:55,000
Speaker 6: together it's a good vehicle to put the whole family.

462
00:24:55,040 --> 00:24:58,720
Speaker 2: In you can't drive that thing Around New. YORK i

463
00:24:58,720 --> 00:25:00,240
Speaker 2: mean you, can't but good. Luck while you're out. There

464
00:25:00,280 --> 00:25:01,960
Speaker 2: it's great to have you back with us live From

465
00:25:01,960 --> 00:25:04,720
Speaker 2: world headquarters In New. York That's Congresswoman lisa, McLain who's

466
00:25:04,760 --> 00:25:07,959
Speaker 2: chair of The House Republican. Conference we've heard From Hackeen,

467
00:25:08,040 --> 00:25:11,000
Speaker 2: jeffreys The democratic leader in The, house now the woman

468
00:25:11,000 --> 00:25:13,320
Speaker 2: who runs The Republican. Conference to give you a sense

469
00:25:13,320 --> 00:25:15,600
Speaker 2: of exactly what the conversation is. Like next week's going

470
00:25:15,640 --> 00:25:17,040
Speaker 2: to be a. Doozy we could have a vote in

471
00:25:17,040 --> 00:25:19,719
Speaker 2: The senate on A democratic health care. Proposal we'll get

472
00:25:19,760 --> 00:25:22,199
Speaker 2: a look at What republicans have up their sleeves as.

473
00:25:22,200 --> 00:25:23,919
Speaker 2: Well that's why we do this every day live From.

474
00:25:24,080 --> 00:25:27,240
Speaker 2: Washington I'm Joe. Matthew this Is BLOOMBERG tv And. Radio

475
00:25:27,400 --> 00:25:28,200
Speaker 2: stay with us.

476
00:25:28,040 --> 00:25:28,639
Speaker 3: On balance Of.

477
00:25:28,720 --> 00:25:30,600
Speaker 2: Power we'll have much more coming up after.

478
00:25:30,640 --> 00:25:38,160
Speaker 1: This you're listening to The Bloomberg balance Of Power. Podcast

479
00:25:38,359 --> 00:25:41,760
Speaker 1: catch us live weekdays at noon and five Pm eastern On,

480
00:25:41,840 --> 00:25:45,080
Speaker 1: Apple cockway And Android auto with The Bloomberg Business. App

481
00:25:45,160 --> 00:25:48,160
Speaker 1: you can also listen live On Amazon alexa from our

482
00:25:48,200 --> 00:25:52,960
Speaker 1: Flagship New york, Station Just Say, Alexa Play bloomberg eleven thirty.

483
00:25:54,200 --> 00:25:57,159
Speaker 2: In, washington where THE Fifa World cup tournament draw is

484
00:25:57,280 --> 00:26:01,320
Speaker 2: underway officially at The Kennedy. Center and, Yes President trump

485
00:26:01,480 --> 00:26:03,840
Speaker 2: is in the. Box we also in fact saw the

486
00:26:03,880 --> 00:26:06,399
Speaker 2: leaders Of canada And mexico. There they're all up on

487
00:26:06,440 --> 00:26:09,520
Speaker 2: the screen at the same time. Smiling maybe this is

488
00:26:09,560 --> 00:26:13,720
Speaker 2: the salve we need for trade in the. Hemisphere but

489
00:26:13,840 --> 00:26:17,879
Speaker 2: a short time from, now we understand that the INAUGURAL

490
00:26:18,040 --> 00:26:22,800
Speaker 2: Fifa Peace prize will be. Awarded he was asked on

491
00:26:22,840 --> 00:26:24,879
Speaker 2: the way in because you've seen the, stories, right this

492
00:26:24,960 --> 00:26:26,600
Speaker 2: is supposed to go To Donald. Trump he was asked

493
00:26:26,600 --> 00:26:28,840
Speaker 2: on the red carpet if he was hoping to win

494
00:26:29,040 --> 00:26:31,920
Speaker 2: the prize or if he had been. Told he said

495
00:26:31,960 --> 00:26:34,640
Speaker 2: there's no. Hope he would just be. Honored in, fact

496
00:26:34,640 --> 00:26:37,480
Speaker 2: went on to, SAY i don't need prizes just to save.

497
00:26:37,560 --> 00:26:40,680
Speaker 2: Lives the pool is in the room. There when he

498
00:26:40,720 --> 00:26:42,600
Speaker 2: gets on, stage we'll show it to you as we

499
00:26:42,720 --> 00:26:49,920
Speaker 2: keep tabs on the latest here big questions about redistricting this.

500
00:26:50,000 --> 00:26:53,960
Speaker 2: Morning after a late call by The Supreme court last.

501
00:26:54,000 --> 00:26:56,200
Speaker 2: Evening this dropped after the late addition to balance of.

502
00:26:56,240 --> 00:26:59,240
Speaker 2: Power right when you Thought texas had to put the map,

503
00:26:59,280 --> 00:27:02,119
Speaker 2: down THE Us Supreme court has cleared the state to

504
00:27:02,200 --> 00:27:04,920
Speaker 2: use its New republican drawn congressional, map the one urged

505
00:27:04,960 --> 00:27:08,159
Speaker 2: By President trump for next year's midterm, elections lifting a

506
00:27:08,200 --> 00:27:11,480
Speaker 2: lower court ruling that had blocked the. Map, now this

507
00:27:11,600 --> 00:27:13,800
Speaker 2: is of course the effort that that took place In,

508
00:27:13,840 --> 00:27:17,680
Speaker 2: texas that Prompted california to Pursue prop, fifty that prompted

509
00:27:17,720 --> 00:27:20,520
Speaker 2: many other states to start doing the, Same red states

510
00:27:20,520 --> 00:27:23,480
Speaker 2: in blue states trying to push back with our own redrawn.

511
00:27:23,520 --> 00:27:26,239
Speaker 2: Maps so we still don't have a real sense of

512
00:27:26,280 --> 00:27:28,160
Speaker 2: exactly what the country is going to look like when

513
00:27:28,160 --> 00:27:31,639
Speaker 2: it comes time to, vote nevermind launch a political. Campaign

514
00:27:32,240 --> 00:27:34,439
Speaker 2: it's a six' three. Ruling here it's one that we've been.

515
00:27:34,440 --> 00:27:37,760
Speaker 2: Waiting for and it's only where we begin our conversation

516
00:27:37,840 --> 00:27:41,280
Speaker 2: because we have a lot to talk about with Constitutional attorney,

517
00:27:42,320 --> 00:27:46,320
Speaker 2: robert McWherter practicing, criminal defense civil Rights Lawyer, Americopa, county

518
00:27:46,320 --> 00:27:50,360
Speaker 2: arizona back with us here Live, On bloomberg, mister micwherter

519
00:27:50,440 --> 00:27:56,000
Speaker 2: it's great to, see you. Welcome back it's open season then, for, Redistricting,

520
00:27:56,080 --> 00:27:57,840
Speaker 2: right oh it looks.

521
00:27:57,920 --> 00:28:01,159
Speaker 11: Like it it's very interesting what the court does and

522
00:28:01,240 --> 00:28:03,440
Speaker 11: some of the liberal justices seem to go along. With

523
00:28:03,480 --> 00:28:06,160
Speaker 11: this it looks like there's going to be a reworking

524
00:28:06,240 --> 00:28:12,600
Speaker 11: of the law related to racial. Jeremi mandering Remember The supreme,

525
00:28:12,640 --> 00:28:16,240
Speaker 11: court said regardless of how many voters, you disenfranchise you

526
00:28:16,280 --> 00:28:19,520
Speaker 11: can politically jerimander all over. THE place i think that's terrible,

527
00:28:19,520 --> 00:28:21,399
Speaker 11: for Democracy and i'd like a court some day to

528
00:28:21,400 --> 00:28:24,280
Speaker 11: really look at that issue or relook. At it, but

529
00:28:24,440 --> 00:28:29,159
Speaker 11: always racial germandering has been violative of The fifteenth amendment

530
00:28:29,240 --> 00:28:32,520
Speaker 11: In The Voting rights act to nineteen, sixty.

531
00:28:32,160 --> 00:28:33,000
Speaker 3: Six so.

532
00:28:35,520 --> 00:28:39,000
Speaker 11: They seem to be signaling that they're going to relook

533
00:28:39,120 --> 00:28:43,880
Speaker 11: at that law related. To that in, The meantime texas

534
00:28:44,200 --> 00:28:47,040
Speaker 11: the new map seems to be back. In place.

535
00:28:48,360 --> 00:28:50,600
Speaker 2: Does this allow every other state to do what? It,

536
00:28:50,680 --> 00:28:54,640
Speaker 2: wants california, for instance is being challenged even though it

537
00:28:54,720 --> 00:28:58,360
Speaker 2: put the vote this idea to a vote. Before voters

538
00:28:58,360 --> 00:29:00,440
Speaker 2: but does there at least a half dozen there's states

539
00:29:00,440 --> 00:29:01,880
Speaker 2: that are thinking about. Doing this do they just?

540
00:29:01,880 --> 00:29:02,120
Speaker 3: Plow?

541
00:29:02,120 --> 00:29:04,040
Speaker 2: AHEAD now i think they just.

542
00:29:04,080 --> 00:29:07,080
Speaker 11: PLOW ahead, i mean you can't argue That what, california

543
00:29:07,120 --> 00:29:10,080
Speaker 11: did which is also bad, for voters REALLY and I

544
00:29:10,080 --> 00:29:13,040
Speaker 11: think california recognizes it because they want to dial that

545
00:29:13,160 --> 00:29:15,520
Speaker 11: back after this whole election cycle. Is OVER after i

546
00:29:15,520 --> 00:29:18,360
Speaker 11: think it says three years in that resolution it is bad.

547
00:29:18,440 --> 00:29:22,000
Speaker 11: For voters but you can't now say That what california

548
00:29:22,080 --> 00:29:26,720
Speaker 11: is doing at excuse me as political jeremandry is somehow

549
00:29:26,800 --> 00:29:29,040
Speaker 11: bad after you've just given the stamp of Approval to

550
00:29:29,120 --> 00:29:30,560
Speaker 11: Texas Political.

551
00:29:30,200 --> 00:29:36,840
Speaker 2: Jeomandry elena kagan writes, today's order this serves the Millions

552
00:29:36,880 --> 00:29:39,800
Speaker 2: of texans whom The district court found were assigned to

553
00:29:39,920 --> 00:29:44,160
Speaker 2: their new districts based on. Their race this is not

554
00:29:44,200 --> 00:29:46,400
Speaker 2: so cut and dry when you add the, Racial, component

555
00:29:47,040 --> 00:29:49,800
Speaker 2: Robert and i'm glad that you brought. This up it's

556
00:29:49,840 --> 00:29:52,720
Speaker 2: still back to the drawing, board, Here, RIGHT oh i

557
00:29:52,720 --> 00:29:53,160
Speaker 2: think very.

558
00:29:53,240 --> 00:29:55,560
Speaker 11: Much so and again we're going to have to see

559
00:29:55,560 --> 00:29:57,680
Speaker 11: how this plays out in. The court but what you

560
00:29:57,800 --> 00:30:00,680
Speaker 11: have is a majority on the court that is not

561
00:30:01,200 --> 00:30:04,280
Speaker 11: open to the issues that courts used to be sensitive

562
00:30:04,320 --> 00:30:09,560
Speaker 11: to about racial discrimination. And voting remember that the great

563
00:30:09,960 --> 00:30:13,240
Speaker 11: cases that came out about racial equality had mostly to

564
00:30:13,280 --> 00:30:15,840
Speaker 11: do with voting From the warrant court from the, nineteen

565
00:30:15,920 --> 00:30:18,240
Speaker 11: sixties and this seems to be a court that's trying

566
00:30:18,280 --> 00:30:21,960
Speaker 11: to dial. That back and they also seem to have

567
00:30:22,040 --> 00:30:24,480
Speaker 11: this fiction that we don't have racial problems in this,

568
00:30:24,520 --> 00:30:28,000
Speaker 11: country anymore and that people are discriminated and voting on

569
00:30:28,040 --> 00:30:30,479
Speaker 11: the basis. Of race so on the basis of, that

570
00:30:30,520 --> 00:30:32,600
Speaker 11: fiction they seem to be going forward, And, saying okay

571
00:30:32,640 --> 00:30:36,640
Speaker 11: we don't need this fix that The fifteenth amendment clearly says,

572
00:30:36,800 --> 00:30:39,800
Speaker 11: is constitutional and so they're just kind of reread all.

573
00:30:39,840 --> 00:30:42,120
Speaker 11: Of THAT and i find that very very sad. And

574
00:30:42,160 --> 00:30:44,920
Speaker 11: disturbing but at least with, this court there's not much

575
00:30:44,920 --> 00:30:45,240
Speaker 11: you can do.

576
00:30:45,280 --> 00:30:49,680
Speaker 2: About, it well let's talk about what's happening meantime In,

577
00:30:49,720 --> 00:30:51,760
Speaker 2: the caribbean because there are a lot of questions about

578
00:30:51,840 --> 00:30:55,480
Speaker 2: legality surrounding what we're now all calling the double tap

579
00:30:55,560 --> 00:30:58,720
Speaker 2: strike against this alleged drug boat coming Out. Of venezuela

580
00:30:59,160 --> 00:31:01,880
Speaker 2: it depends on who you talked to, On. This robert

581
00:31:02,160 --> 00:31:05,040
Speaker 2: if you talk To a republican in the, briefing yesterday

582
00:31:05,400 --> 00:31:08,200
Speaker 2: they're probably going to tell you THAT the us. Acted

583
00:31:08,280 --> 00:31:10,880
Speaker 2: legally that's Certainly What tom. Cotton said he called the,

584
00:31:10,880 --> 00:31:13,440
Speaker 2: STRIKES righteous i believe was the term that. He used

585
00:31:14,120 --> 00:31:17,280
Speaker 2: democrats meantime, are outraged and there are big questions, about

586
00:31:17,280 --> 00:31:20,440
Speaker 2: whether in fact we can put the idea of a

587
00:31:20,480 --> 00:31:23,320
Speaker 2: war crime aside, For now but in fact are conducting

588
00:31:23,320 --> 00:31:26,640
Speaker 2: an illegal operation off the Coast. Of venezuela how do you?

589
00:31:26,680 --> 00:31:31,160
Speaker 11: See, this well, You Know senator cotton can call, things

590
00:31:31,240 --> 00:31:33,240
Speaker 11: RIGHTEOUS but i note he didn't say it. Was legal

591
00:31:34,240 --> 00:31:36,480
Speaker 11: he may think, it's righteous and that's a, political statement

592
00:31:36,760 --> 00:31:39,600
Speaker 11: but whether it's legal is a whole. Different THING if

593
00:31:39,640 --> 00:31:43,320
Speaker 11: I Was, Pete hexth i'd be getting pretty nervous under

594
00:31:43,320 --> 00:31:46,280
Speaker 11: the call it, right now because it looks like what

595
00:31:46,400 --> 00:31:49,280
Speaker 11: is clearly shown is that there were survivors clinging to

596
00:31:49,400 --> 00:31:52,240
Speaker 11: this boat and they went back and did another strike

597
00:31:52,280 --> 00:31:55,680
Speaker 11: to just. Kill people and by, the way they presented

598
00:31:55,720 --> 00:31:58,800
Speaker 11: no evidence that this boat had drugs in the. FIRST place, i,

599
00:31:58,800 --> 00:32:01,360
Speaker 11: mean look the normal course Is the coastguard has always

600
00:32:01,400 --> 00:32:06,120
Speaker 11: operated In. The caribbean they often grab boats that are

601
00:32:06,480 --> 00:32:09,200
Speaker 11: drug traffickers and if those, boats existed they were more

602
00:32:09,240 --> 00:32:11,720
Speaker 11: than happy to display the evidence as a justification for

603
00:32:11,760 --> 00:32:14,680
Speaker 11: the arrest and seizure of. The boats this is just

604
00:32:14,720 --> 00:32:17,000
Speaker 11: wanting to blow things up with. No evidence that's the.

605
00:32:17,040 --> 00:32:20,480
Speaker 11: First problem but then, going back there's a whole series

606
00:32:20,840 --> 00:32:22,680
Speaker 11: of rules. On this and by, the way this goes

607
00:32:22,720 --> 00:32:26,400
Speaker 11: Back To World. War Two But grand amodornits Of The

608
00:32:26,480 --> 00:32:32,000
Speaker 11: german briegsmarine ordered basically or sent out an ambiguous order

609
00:32:32,040 --> 00:32:35,160
Speaker 11: that was clear to his, submarine captains did not help

610
00:32:35,200 --> 00:32:39,040
Speaker 11: any survivors of the boats that were being torpedoed Well.

611
00:32:39,080 --> 00:32:41,200
Speaker 11: At nuremberg after, the war that was considered a war

612
00:32:41,280 --> 00:32:46,360
Speaker 11: crimes and Under The War crimes act in nineteen, ninety

613
00:32:46,360 --> 00:32:51,000
Speaker 11: Six which congress passed a violation of. International law in,

614
00:32:51,000 --> 00:32:57,000
Speaker 11: this Case The geneva convention is now Prosecutable under american

615
00:32:57,080 --> 00:33:01,200
Speaker 11: law in. Federal Court The justice department has to, do

616
00:33:01,200 --> 00:33:03,360
Speaker 11: it And Obviously pam bondi's probably not going to. Do

617
00:33:03,360 --> 00:33:05,520
Speaker 11: anything but there's Something that peach really, worried about and

618
00:33:05,560 --> 00:33:07,480
Speaker 11: that is there is no statute of limitation. On this

619
00:33:07,840 --> 00:33:10,160
Speaker 11: it's a murder on the, high seas and he can

620
00:33:10,200 --> 00:33:14,280
Speaker 11: be prosecuted under another administration twenty thirty years from now

621
00:33:14,280 --> 00:33:17,120
Speaker 11: if it takes. That, long So If, I'm pete i'm getting,

622
00:33:17,120 --> 00:33:19,520
Speaker 11: pretty nervous as should the admiral order.

623
00:33:19,600 --> 00:33:22,720
Speaker 2: To, Strike, okay so but that would also suggest the

624
00:33:22,760 --> 00:33:26,040
Speaker 2: buck stops With The. Defense secretary i'm going to hold

625
00:33:26,040 --> 00:33:28,960
Speaker 2: you right there for, A, minute robert because we've got

626
00:33:29,000 --> 00:33:33,080
Speaker 2: breaking news down the street At The. KENNEDY center i

627
00:33:33,080 --> 00:33:36,920
Speaker 2: didn't see this would come in THE Inaugural Fifa peace

628
00:33:37,000 --> 00:33:42,480
Speaker 2: prize Goes TO. Donald. J trump this is a. Live

629
00:33:42,520 --> 00:33:44,920
Speaker 2: shot you might be listening to us on. The radio

630
00:33:45,000 --> 00:33:50,200
Speaker 2: he's walking out on stage, right now and there is

631
00:33:50,400 --> 00:33:53,960
Speaker 2: there is. The trophy this is. Quite remarkable they were

632
00:33:54,000 --> 00:33:56,959
Speaker 2: just playing a sizzle REEL The Fifa. Peace prize, all

633
00:33:57,040 --> 00:34:00,040
Speaker 2: right where's is there a red hat? On That but,

634
00:34:00,120 --> 00:34:03,720
Speaker 2: i'm sorry we just need to keep the the newsflow

635
00:34:03,800 --> 00:34:04,160
Speaker 2: as it's.

636
00:34:04,200 --> 00:34:04,400
Speaker 3: Going.

637
00:34:04,480 --> 00:34:09,919
Speaker 2: Here, okay so if you're the admiral and there were

638
00:34:10,000 --> 00:34:15,200
Speaker 2: pre existing conditions set By The defense secretary that were

639
00:34:15,200 --> 00:34:19,120
Speaker 2: outlined In The New, york times he just put the metal.

640
00:34:19,160 --> 00:34:20,240
Speaker 3: On himself.

641
00:34:24,200 --> 00:34:28,279
Speaker 2: These conditions dictated how to handle a scenario, like this

642
00:34:28,680 --> 00:34:32,719
Speaker 2: and if in fact the individuals, were, shipwrecked incapacitated no

643
00:34:32,800 --> 00:34:36,000
Speaker 2: longer considered in, the fight they would. Be Rescued, and

644
00:34:36,080 --> 00:34:38,439
Speaker 2: robert that's what we have done since that, first strike? Isn't?

645
00:34:38,480 --> 00:34:38,600
Speaker 3: It?

646
00:34:39,600 --> 00:34:41,840
Speaker 12: Oh yes but this.

647
00:34:41,920 --> 00:34:45,760
Speaker 11: Is, different Look, THE admiral i think is potentially looking

648
00:34:45,960 --> 00:34:49,640
Speaker 11: prosecution Under The uniform Code Of. Military justice you Did Mention.

649
00:34:49,760 --> 00:34:52,160
Speaker 11: DONALD trump. I don't i'm Not Sure donald trump gets

650
00:34:52,160 --> 00:34:52,560
Speaker 11: a pass on.

651
00:34:52,600 --> 00:34:52,680
Speaker 3: This.

652
00:34:52,800 --> 00:34:56,320
Speaker 11: Either wow you Know The supreme Court granted trump broad

653
00:34:56,360 --> 00:35:00,120
Speaker 11: immunity for any. Official acts but we do Have The

654
00:35:00,160 --> 00:35:04,240
Speaker 11: War powers resolution from nineteen, seventy three which drastically limits

655
00:35:04,280 --> 00:35:08,160
Speaker 11: the power of the president to fight an. Undeclared war

656
00:35:08,239 --> 00:35:10,520
Speaker 11: and this is an. Undeclared war, in fact it doesn't

657
00:35:10,520 --> 00:35:12,759
Speaker 11: even fit the definition of, a war regardless of what

658
00:35:12,800 --> 00:35:15,400
Speaker 11: people like to say WITH. The bred so it's not

659
00:35:15,520 --> 00:35:17,799
Speaker 11: beyond the realm of Possibility That donald trump can be

660
00:35:17,840 --> 00:35:21,640
Speaker 11: prosecuted for this, as well depending on where the. Order

661
00:35:21,680 --> 00:35:24,200
Speaker 11: emanated and as this, PLAYS out i think you're going

662
00:35:24,239 --> 00:35:26,080
Speaker 11: to see a lot of people throwing each other under

663
00:35:26,080 --> 00:35:28,120
Speaker 11: the bus on, this issue from the admiral To The

664
00:35:28,160 --> 00:35:32,359
Speaker 11: secretary defense To, the president, all, saying oh it, wasn't

665
00:35:32,400 --> 00:35:34,400
Speaker 11: me and they're already starting to lay the groundwork.

666
00:35:34,480 --> 00:35:34,560
Speaker 3: For.

667
00:35:34,600 --> 00:35:39,960
Speaker 2: That Amazing the president has indicated said so In The

668
00:35:39,960 --> 00:35:42,680
Speaker 2: oval office that he supports the public release of. That

669
00:35:42,800 --> 00:35:45,799
Speaker 2: video so. We'll see maybe we'll be talking about this

670
00:35:45,840 --> 00:35:49,600
Speaker 2: together at some. Point, Soon robert i'm down to our final.

671
00:35:49,640 --> 00:35:51,359
Speaker 2: MINUTE here i don't know if you're buying the Dip

672
00:35:51,400 --> 00:35:54,720
Speaker 2: on netflix, right now but we've got a massive merger

673
00:35:54,760 --> 00:35:58,799
Speaker 2: we're talking, About here Netflix Buying. Warner brothers is this

674
00:35:58,840 --> 00:36:02,000
Speaker 2: going to pass muster. With regulators well it.

675
00:36:02,040 --> 00:36:05,960
Speaker 11: SHOULD not, i mean this is huge and it affects the. Consumer,

676
00:36:06,040 --> 00:36:08,160
Speaker 11: greatly look there's a couple of things to keep. In Mind,

677
00:36:08,239 --> 00:36:10,439
Speaker 11: number one it has to go through the federal anti.

678
00:36:10,440 --> 00:36:13,920
Speaker 11: Trust process the importunate part about that, is basically if

679
00:36:13,920 --> 00:36:16,520
Speaker 11: there's people sucking Up To, donald trump he's going to

680
00:36:17,000 --> 00:36:20,160
Speaker 11: exert pressure to get this. Proved federally but there's another

681
00:36:20,160 --> 00:36:23,080
Speaker 11: thing to, look at and that is states all have anti.

682
00:36:23,080 --> 00:36:25,719
Speaker 11: Trust laws and if you, may recall in the year,

683
00:36:25,760 --> 00:36:29,720
Speaker 11: twenty nineteen it was the states that prevented the Merger

684
00:36:29,760 --> 00:36:33,520
Speaker 11: between SPRINT And. T mobile so Even If donald trump

685
00:36:33,920 --> 00:36:37,880
Speaker 11: exercises his, undue influencer somebody Gets to trump and wants to.

686
00:36:37,920 --> 00:36:40,759
Speaker 11: Approve this typically he'll file a lawsuit and then they'll

687
00:36:40,800 --> 00:36:43,880
Speaker 11: settle lawsuit in, his favor and then he lets the merger,

688
00:36:43,960 --> 00:36:46,480
Speaker 11: go through and then he claims he won a lawsuit

689
00:36:46,520 --> 00:36:50,279
Speaker 11: against the. News outlet, well yeah but they have to

690
00:36:50,320 --> 00:36:52,520
Speaker 11: worry about all the different states attorneys generals, as well

691
00:36:52,560 --> 00:36:56,080
Speaker 11: because this affects every consumer in. Every STATE and i

692
00:36:56,120 --> 00:36:58,680
Speaker 11: can't sit there on my couch at night and get

693
00:36:58,719 --> 00:37:01,560
Speaker 11: a nice inexpense movie anymore Because of andy.

694
00:37:01,560 --> 00:37:05,080
Speaker 2: Trustmay, right wow so a lot of lawyers are going

695
00:37:05,120 --> 00:37:07,640
Speaker 2: to make a lot. Of money it Sounds like. Robert

696
00:37:07,719 --> 00:37:09,759
Speaker 2: macwherder it's great to have. You back let us know

697
00:37:09,800 --> 00:37:12,520
Speaker 2: when you're Coming to washington for crying. Out loud constitutional

698
00:37:12,600 --> 00:37:16,600
Speaker 2: law attorney practicing criminal defense and civil rights lawyer covering

699
00:37:16,600 --> 00:37:19,319
Speaker 2: the waterfront with us here On the. Friday edition we'll

700
00:37:19,320 --> 00:37:21,200
Speaker 2: have much more news straight ahead here and we'll a

701
00:37:21,239 --> 00:37:23,920
Speaker 2: semble our political panel coming up next Only, come bloomber

702
00:37:24,280 --> 00:37:26,440
Speaker 2: stay with Us on Balance. Of power we'll have much

703
00:37:26,480 --> 00:37:27,840
Speaker 2: more coming up. After this.

704
00:37:33,120 --> 00:37:36,600
Speaker 1: You're listening To The bloomberg Balance of. Power podcast catch

705
00:37:36,640 --> 00:37:39,640
Speaker 1: us live weekdays at noon and Five pm Eastern, on

706
00:37:39,800 --> 00:37:43,520
Speaker 1: Applecarclay And android auto With The Bloomberg. Business app listen

707
00:37:43,600 --> 00:37:46,959
Speaker 1: on demand wherever you get, your podcasts or watch us live.

708
00:37:47,040 --> 00:37:50,680
Speaker 2: On YouTube it's a snow, day today kids went. To

709
00:37:50,680 --> 00:37:52,600
Speaker 2: school lights no still. Coming down as a matter, of

710
00:37:52,600 --> 00:37:55,600
Speaker 2: fact as we are reminded that winter is upon us

711
00:37:56,280 --> 00:37:59,480
Speaker 2: and quite the festivity underway down the street At The,

712
00:37:59,520 --> 00:38:04,160
Speaker 2: kennedy center the building That the president envisions someday being

713
00:38:04,200 --> 00:38:06,520
Speaker 2: Called The Trump. Kennedy center he is the chairman of.

714
00:38:06,560 --> 00:38:10,160
Speaker 2: The board, now right IT'S The Fifa world cup draw that's.

715
00:38:10,239 --> 00:38:13,160
Speaker 2: Underway now and if you were with this a short,

716
00:38:13,160 --> 00:38:16,600
Speaker 2: time ago you heard the, breaking news the headline On

717
00:38:16,640 --> 00:38:19,759
Speaker 2: The New york times Here as Trump Covets Nobel, PEACE

718
00:38:19,840 --> 00:38:24,080
Speaker 2: prize fifa cozies up to him with its. Own, award,

719
00:38:24,719 --> 00:38:27,320
Speaker 2: well now how did they know that this? Came out

720
00:38:27,440 --> 00:38:31,280
Speaker 2: what time? This morning this came out just. After midnight

721
00:38:31,400 --> 00:38:33,680
Speaker 2: it's almost as if everyone knew what was going to. Take,

722
00:38:33,719 --> 00:38:38,120
Speaker 2: Place Yes donald trump won THE Inaugural Fifa peace prize

723
00:38:38,680 --> 00:38:40,279
Speaker 2: a short time ago when he was asked about it

724
00:38:40,320 --> 00:38:41,960
Speaker 2: On the red carpet when he was. Walking, IN listen

725
00:38:43,080 --> 00:38:43,879
Speaker 2: i can TELL you i.

726
00:38:43,800 --> 00:38:46,560
Speaker 8: Did settle, eight wars and we have a, ninth coming

727
00:38:47,320 --> 00:38:48,919
Speaker 8: but in which nobody's ever.

728
00:38:48,960 --> 00:38:51,239
Speaker 3: Done BEFORE but i want to really.

729
00:38:51,280 --> 00:38:52,160
Speaker 12: SAVE lives i don't.

730
00:38:52,200 --> 00:38:53,279
Speaker 2: NEED prizes i need to.

731
00:38:53,280 --> 00:38:54,680
Speaker 3: SAVE lives i was saving a lot.

732
00:38:54,680 --> 00:38:56,920
Speaker 8: Of lives i've saved millions and millions, of lives and

733
00:38:56,960 --> 00:38:58,440
Speaker 8: that's REALLY what i want to.

734
00:38:58,480 --> 00:39:04,640
Speaker 2: DO prizes i just want to. Save lives this is

735
00:39:04,640 --> 00:39:07,680
Speaker 2: where we start with our political. Panel Today bloomberg politics

736
00:39:07,680 --> 00:39:11,200
Speaker 2: Contributor and Republican Strategist rick davis is with his Partner

737
00:39:11,280 --> 00:39:16,040
Speaker 2: At Stone Court capital we're also joined by Ymss Egg,

738
00:39:16,040 --> 00:39:18,360
Speaker 2: by waally a former chief of staff advisor To The Biden,

739
00:39:18,360 --> 00:39:22,160
Speaker 2: white house our, democratic strategist Founder Of. Podium strategies it's

740
00:39:22,160 --> 00:39:23,359
Speaker 2: great to have both of you with us.

741
00:39:23,920 --> 00:39:24,000
Speaker 10: And.

742
00:39:24,120 --> 00:39:26,520
Speaker 2: Welcome ricky didn't see, this coming, Did, You.

743
00:39:27,880 --> 00:39:30,319
Speaker 10: Yeah Hard, NEWS friday i can tell this was really

744
00:39:30,440 --> 00:39:34,600
Speaker 10: a big shock and surprise. To everybody, you know at,

745
00:39:34,600 --> 00:39:39,200
Speaker 10: That event president shows up for BASICALLY The fifa draw

746
00:39:39,600 --> 00:39:42,080
Speaker 10: and which is it's got to be the First time

747
00:39:42,120 --> 00:39:47,000
Speaker 10: american president's ever TENANT Of fifa draw and just happened

748
00:39:47,000 --> 00:39:49,000
Speaker 10: to be there when the award. WAS announced, i mean,

749
00:39:49,080 --> 00:39:53,680
Speaker 10: you know imagine the coincidence of him being there to

750
00:39:53,840 --> 00:39:54,720
Speaker 10: accept this award.

751
00:39:54,760 --> 00:39:56,719
Speaker 12: In person, so.

752
00:39:56,960 --> 00:40:00,759
Speaker 10: Yeah, congratulations look the one talking POINT that i completely

753
00:40:00,920 --> 00:40:03,839
Speaker 10: Embrace Of, donald trump's and he says it, a lot

754
00:40:03,920 --> 00:40:06,200
Speaker 10: so it makes me happy is that he wants to

755
00:40:06,200 --> 00:40:08,839
Speaker 10: stop wars and he wants to. Save lives there is

756
00:40:09,040 --> 00:40:12,960
Speaker 10: no downside, to THAT and i applaud. His efforts and

757
00:40:13,000 --> 00:40:15,680
Speaker 10: if it's gone recognized BY the, fifa.

758
00:40:17,160 --> 00:40:18,959
Speaker 12: Group great we.

759
00:40:18,880 --> 00:40:20,920
Speaker 10: Look forward to having them all here spending lots of

760
00:40:20,920 --> 00:40:25,160
Speaker 10: money in twenty twenty six watching their version.

761
00:40:25,160 --> 00:40:28,799
Speaker 2: Of football the headline on the screen if you're with us,

762
00:40:28,840 --> 00:40:32,719
Speaker 2: On YouTube TRUMP Wins Fifa, peace prize and so here.

763
00:40:32,760 --> 00:40:35,840
Speaker 2: We are Does the president Of The united states deserve

764
00:40:35,840 --> 00:40:38,640
Speaker 2: a little credit as he says he's stopped? Eight wars

765
00:40:38,719 --> 00:40:39,239
Speaker 2: is that how you?

766
00:40:39,280 --> 00:40:42,920
Speaker 13: SEE this i DO see fifa as a soft power

767
00:40:42,960 --> 00:40:46,080
Speaker 13: moment for. THE president i think his congenial RELATIONSHIP with

768
00:40:46,120 --> 00:40:48,960
Speaker 13: fifa has been beneficial to him on a. GLOBAL scale,

769
00:40:49,160 --> 00:40:51,520
Speaker 13: i mean at the same time that he's enacted tariffs

770
00:40:51,560 --> 00:40:53,480
Speaker 13: on our allies that have put us at odds with

771
00:40:53,600 --> 00:40:54,320
Speaker 13: some of our.

772
00:40:54,640 --> 00:40:57,319
Speaker 14: Longest serving countries that we've been.

773
00:40:57,320 --> 00:41:00,160
Speaker 13: Partnered with this is really the time where he gets

774
00:41:00,160 --> 00:41:03,200
Speaker 13: to globally piece people. Back together but remember he's doing

775
00:41:03,200 --> 00:41:06,400
Speaker 13: it at a time where the backdrop is domestically in,

776
00:41:06,440 --> 00:41:10,120
Speaker 13: this country immigration is a. Huge issue and at the,

777
00:41:10,160 --> 00:41:12,279
Speaker 13: same time when you overlay it with the fact that

778
00:41:12,320 --> 00:41:15,120
Speaker 13: he has threatened to remove games from cities that he

779
00:41:15,200 --> 00:41:19,080
Speaker 13: deems Unsafe for americans and our, fellow visitors it's all

780
00:41:19,200 --> 00:41:20,840
Speaker 13: a bit of a swirl happening.

781
00:41:20,920 --> 00:41:24,759
Speaker 2: For him well to swirl Or we've what do you

782
00:41:24,800 --> 00:41:28,880
Speaker 2: think though about what you first said there With the

783
00:41:28,880 --> 00:41:32,560
Speaker 2: president Of The united states in this Room with Carnie.

784
00:41:32,560 --> 00:41:36,160
Speaker 2: And shinebaum could, this event which is, you know MADE

785
00:41:36,160 --> 00:41:39,400
Speaker 2: for tv and made for, the president actually bring world?

786
00:41:39,480 --> 00:41:43,640
Speaker 13: Leaders, TOGETHER yeah i think this event could help folks

787
00:41:43,880 --> 00:41:45,680
Speaker 13: feel a bit more confident in.

788
00:41:45,760 --> 00:41:47,440
Speaker 14: HIS leadership, i mean.

789
00:41:47,640 --> 00:41:48,120
Speaker 3: He pulled the.

790
00:41:48,120 --> 00:41:51,759
Speaker 2: Hemisphere together we've been at odds with. Our, neighbors Yeah,

791
00:41:51,880 --> 00:41:52,920
Speaker 2: in mexico Maybe.

792
00:41:52,800 --> 00:41:55,279
Speaker 13: The canadians will come down have a little bit of fun.

793
00:41:55,280 --> 00:41:58,440
Speaker 13: WITH us, i mean he is right that his focus

794
00:41:58,520 --> 00:42:02,440
Speaker 13: has been, foreign pop but that is to the chagrin

795
00:42:02,560 --> 00:42:05,000
Speaker 13: of a lot of people who first elected him based

796
00:42:05,000 --> 00:42:06,759
Speaker 13: on the fact that he was going to focus on

797
00:42:07,520 --> 00:42:10,160
Speaker 13: domestic issues happening here and put in, A Sense.

798
00:42:10,200 --> 00:42:11,560
Speaker 14: America FIRST so i think the.

799
00:42:11,560 --> 00:42:13,719
Speaker 13: Challenge for him and his team is how does he

800
00:42:13,800 --> 00:42:16,399
Speaker 13: promote the fact that he is this global leader while

801
00:42:16,400 --> 00:42:19,719
Speaker 13: at the same time reminding his core base that he

802
00:42:19,840 --> 00:42:21,400
Speaker 13: still believes in the Values Of.

803
00:42:21,480 --> 00:42:23,839
Speaker 2: America first as it was asked, about this, you know

804
00:42:23,840 --> 00:42:26,440
Speaker 2: knowing that the Leaders of Canada and mexico we're going

805
00:42:26,480 --> 00:42:28,040
Speaker 2: to be in, the room, of course and taking part

806
00:42:28,080 --> 00:42:31,560
Speaker 2: here in, the draw Though producer james tells me there

807
00:42:31,560 --> 00:42:34,000
Speaker 2: has yet to be a single team. Drawn yet it's

808
00:42:34,000 --> 00:42:36,239
Speaker 2: been going on for almost. An hour here's What the

809
00:42:36,239 --> 00:42:37,320
Speaker 2: president said, about.

810
00:42:37,080 --> 00:42:40,800
Speaker 8: That how do you need to work pay announced that

811
00:42:40,719 --> 00:42:43,320
Speaker 8: the tensions you Have with Canada.

812
00:42:43,360 --> 00:42:45,200
Speaker 2: And, MEXICO oh i think it's going to make it.

813
00:42:45,200 --> 00:42:47,200
Speaker 2: More exciting tension is a.

814
00:42:47,239 --> 00:42:47,840
Speaker 3: Good, THING.

815
00:42:49,520 --> 00:42:49,920
Speaker 12: Yeah i.

816
00:42:49,960 --> 00:42:51,520
Speaker 2: THINK so i think it makes it much.

817
00:42:51,560 --> 00:42:52,600
Speaker 8: More exciting.

818
00:42:53,760 --> 00:42:56,600
Speaker 2: That was Back. In, March rick is? He right tension

819
00:42:57,120 --> 00:42:58,800
Speaker 2: makes this all. More, EXCITING.

820
00:43:00,080 --> 00:43:03,400
Speaker 10: Yeah a little tension never hurt anybody draws attention to

821
00:43:03,640 --> 00:43:04,880
Speaker 10: the event itself and.

822
00:43:04,920 --> 00:43:07,399
Speaker 12: The events and it will be interesting to.

823
00:43:07,360 --> 00:43:12,880
Speaker 10: See How The tripartheid games events being Held in Mexico

824
00:43:12,960 --> 00:43:14,880
Speaker 10: and canada And The united states.

825
00:43:15,680 --> 00:43:18,280
Speaker 12: Get along Does the president use.

826
00:43:19,640 --> 00:43:24,279
Speaker 10: His somewhat controlling capability on where events are going to

827
00:43:24,280 --> 00:43:30,719
Speaker 10: occur to put leverage on these two to come up

828
00:43:30,719 --> 00:43:34,000
Speaker 10: with A new. Mca agreement. Who knows it'll be all

829
00:43:34,120 --> 00:43:37,240
Speaker 10: very interesting and get lots of press coverage and certainly

830
00:43:37,239 --> 00:43:39,120
Speaker 10: going to give us plenty to talk about between now

831
00:43:39,200 --> 00:43:39,440
Speaker 10: when the.

832
00:43:39,480 --> 00:43:43,160
Speaker 2: Games, kickoff well they are going on stage together. Right

833
00:43:43,200 --> 00:43:45,440
Speaker 2: now maybe they'll actually do the, drawing here but they're sharing.

834
00:43:45,480 --> 00:43:48,760
Speaker 2: A stage this has got to be a positive moment

835
00:43:48,920 --> 00:43:53,040
Speaker 2: for international relations in trade with. Our neighbors, Of, course

836
00:43:53,120 --> 00:43:55,360
Speaker 2: carney if you're with us, on YouTube You see carney

837
00:43:55,440 --> 00:43:59,120
Speaker 2: on the, Right there shinebaum in, The Center president trump

838
00:43:59,160 --> 00:44:03,360
Speaker 2: on stage with, of Course, mister infantino who's having a

839
00:44:03,400 --> 00:44:07,440
Speaker 2: big day Here, IN. WASHINGTON. Dc ms you mentioned the

840
00:44:07,440 --> 00:44:12,000
Speaker 2: president's threat to start moving games out of cities that

841
00:44:12,040 --> 00:44:14,239
Speaker 2: were played, with crime as he. Puts it he was

842
00:44:14,320 --> 00:44:16,520
Speaker 2: asked about that on the red carpet, this morning tried

843
00:44:16,520 --> 00:44:18,520
Speaker 2: to back away from. Those comments you don't think that's

844
00:44:18,520 --> 00:44:20,040
Speaker 2: something he has planned, to, YOU.

845
00:44:19,800 --> 00:44:22,680
Speaker 13: No i mean the folks that have been working on

846
00:44:22,719 --> 00:44:27,080
Speaker 13: this From the american SIDE, for fifa have worked on

847
00:44:27,160 --> 00:44:31,839
Speaker 13: the logistics for, the arenas. FOR staffing, i mean at

848
00:44:31,880 --> 00:44:34,400
Speaker 13: a time when we are talking about immigration right, like

849
00:44:34,680 --> 00:44:37,880
Speaker 13: this our immigration policies are going to impact, temporary workers

850
00:44:38,080 --> 00:44:41,120
Speaker 13: workers that are needed for surging staffing for all of

851
00:44:41,120 --> 00:44:43,840
Speaker 13: these arenas Across The. UNITED states, i mean to move

852
00:44:44,360 --> 00:44:47,680
Speaker 13: these games anywhere would just show, an instability and showing

853
00:44:47,680 --> 00:44:50,120
Speaker 13: instability right now is not something he wants to do

854
00:44:50,239 --> 00:44:53,920
Speaker 13: right like WORKING with fema is his reach towards a

855
00:44:53,960 --> 00:44:57,160
Speaker 13: form of. Normalcy here so he's got to just continue

856
00:44:57,200 --> 00:44:59,239
Speaker 13: to show. Some stability no quick.

857
00:44:59,320 --> 00:45:01,759
Speaker 2: Draws here some of the preparations that we understand have

858
00:45:01,760 --> 00:45:06,080
Speaker 2: been complicated By the president's, migrant crackdown stricter. Visa, rules

859
00:45:06,600 --> 00:45:09,759
Speaker 2: rick how do we rationalize all of these priorities at

860
00:45:09,800 --> 00:45:12,240
Speaker 2: once from? This administration.

861
00:45:13,520 --> 00:45:15,480
Speaker 12: It's hard to reconcile a lot.

862
00:45:15,520 --> 00:45:18,359
Speaker 10: Of them they seem to run in in conflict with

863
00:45:18,360 --> 00:45:19,279
Speaker 10: one another from time.

864
00:45:19,320 --> 00:45:21,000
Speaker 3: TO time a Lot of.

865
00:45:22,480 --> 00:45:26,440
Speaker 10: Hispanic sports enthusiasts in. This country are they going to

866
00:45:26,440 --> 00:45:29,239
Speaker 10: show up at a Stadium if ice is standing in the?

867
00:45:29,280 --> 00:45:33,319
Speaker 10: Parking lot that certainly wouldn't. Be unusual ice have shown

868
00:45:33,400 --> 00:45:36,120
Speaker 10: up in baseball parking lots and football parking lots that's.

869
00:45:36,200 --> 00:45:39,160
Speaker 12: Right before so it should make.

870
00:45:39,200 --> 00:45:42,839
Speaker 3: It stressful is this Good?

871
00:45:42,920 --> 00:45:45,120
Speaker 2: For america you're for to. Sooft power what are we

872
00:45:45,160 --> 00:45:48,279
Speaker 2: getting for this other than maybe some. ECONOMIC stimulus, i.

873
00:45:48,239 --> 00:45:50,040
Speaker 14: Mean this is Really putting america on the.

874
00:45:50,080 --> 00:45:55,680
Speaker 13: WORLD stage I, regretfully nigeria where my, family's from as

875
00:45:55,800 --> 00:45:57,960
Speaker 13: once again not qualified For The.

876
00:45:57,960 --> 00:45:59,080
Speaker 14: World cup but.

877
00:45:59,239 --> 00:46:02,239
Speaker 13: IT'S exciting, i mean it's pulling together all of. The,

878
00:46:02,239 --> 00:46:05,279
Speaker 13: continents look the president has had a contentious relationship with

879
00:46:05,320 --> 00:46:07,680
Speaker 13: some countries on the Continent, of AFRICA but i know

880
00:46:07,719 --> 00:46:10,440
Speaker 13: that those fans are still going to. Come out football

881
00:46:11,719 --> 00:46:15,319
Speaker 13: is one of the most uniting, things globally and we're

882
00:46:15,320 --> 00:46:16,680
Speaker 13: going to just have to call it football in.

883
00:46:16,719 --> 00:46:18,840
Speaker 14: This conversation Sorry to american there is a.

884
00:46:19,000 --> 00:46:21,480
Speaker 2: SOCCER caucus i learned this morning In. THE capitol i

885
00:46:21,480 --> 00:46:23,719
Speaker 2: did not realize that they do call it soccer just

886
00:46:23,760 --> 00:46:25,480
Speaker 2: for what. It's WORTH and i did Hear the president

887
00:46:25,520 --> 00:46:29,200
Speaker 2: refer to soccer as well in terms rick of just.

888
00:46:29,480 --> 00:46:33,680
Speaker 2: Projecting power that's, one thing but when it comes to

889
00:46:33,840 --> 00:46:38,120
Speaker 2: actually Getting into americans. Living rooms you know a lot about.

890
00:46:38,120 --> 00:46:42,480
Speaker 2: Political optics you've got in, this case You're Advising. Donald

891
00:46:42,480 --> 00:46:44,120
Speaker 2: trump you've got your guy on stage here At The

892
00:46:44,160 --> 00:46:46,200
Speaker 2: kennedy center with two. World leaders you just want a.

893
00:46:46,200 --> 00:46:49,560
Speaker 2: Peace Prize tom brady's in. The Room wayne gretzky's going to.

894
00:46:49,640 --> 00:46:51,879
Speaker 2: Be there you got the village. People playing what does

895
00:46:51,920 --> 00:46:57,200
Speaker 2: this mean culturally for this president In This? White house, ye,

896
00:46:57,200 --> 00:46:57,680
Speaker 2: KNOW look i.

897
00:46:57,719 --> 00:47:01,120
Speaker 10: Think when the president hits a skid, on, politics uh

898
00:47:01,239 --> 00:47:04,560
Speaker 10: he's very deaf at uh, you know changing it up

899
00:47:04,600 --> 00:47:07,439
Speaker 10: by doing something that puts, him into as, you say

900
00:47:08,600 --> 00:47:10,319
Speaker 10: millions of living rooms in a.

901
00:47:10,360 --> 00:47:13,520
Speaker 12: Different context and and he's used.

902
00:47:13,360 --> 00:47:16,640
Speaker 10: Sports quite a bit to uh sort of bolster that

903
00:47:16,800 --> 00:47:19,640
Speaker 10: image of, you know being every.

904
00:47:19,400 --> 00:47:20,920
Speaker 12: Man uh In The.

905
00:47:20,960 --> 00:47:24,120
Speaker 10: White house and and whether it's shown up at football

906
00:47:24,160 --> 00:47:27,520
Speaker 10: games or or, other awards ceremonies. Or whatnot, you know

907
00:47:27,600 --> 00:47:31,560
Speaker 10: he's not he's not shy about being on. A platform

908
00:47:31,600 --> 00:47:34,000
Speaker 10: one of the biggest events, he did, you know in

909
00:47:34,040 --> 00:47:36,200
Speaker 10: the campaign that really helped him was shown up AT a.

910
00:47:36,280 --> 00:47:40,200
Speaker 10: Ufc fight very few uh politicians would have thought that

911
00:47:40,360 --> 00:47:42,600
Speaker 10: was going to be something that would, help them and

912
00:47:42,680 --> 00:47:44,840
Speaker 10: he had a key sense of the marketing aspects. Of

913
00:47:44,840 --> 00:47:47,799
Speaker 10: that So uh and and by, the way one of the,

914
00:47:47,880 --> 00:47:50,960
Speaker 10: you know highest growing sports in the world and In

915
00:47:51,000 --> 00:47:54,960
Speaker 10: The united states as far as uh you know people.

916
00:47:54,719 --> 00:47:55,920
Speaker 12: Watching it, you know.

917
00:47:56,200 --> 00:47:59,719
Speaker 10: Is soccer and and so you can only imagine the

918
00:47:59,760 --> 00:48:02,080
Speaker 10: mass some amount of money and effort to build up

919
00:48:02,960 --> 00:48:04,680
Speaker 10: its popularity before the game's.

920
00:48:04,760 --> 00:48:06,680
Speaker 3: Kick off this.

921
00:48:06,719 --> 00:48:08,680
Speaker 2: Is publicity you, can't, BUY right, i mean if you

922
00:48:08,840 --> 00:48:12,640
Speaker 2: to have an elected official surrounded by all the celebrities

923
00:48:12,680 --> 00:48:15,719
Speaker 2: here of course other, world leaders it's kind of less,

924
00:48:15,760 --> 00:48:19,160
Speaker 2: the point to. Be honest but this is INTERRUPTING, daytime,

925
00:48:19,200 --> 00:48:21,640
Speaker 2: tv right this is happening instead of. Soap operas right

926
00:48:21,640 --> 00:48:22,160
Speaker 2: now people are.

927
00:48:22,160 --> 00:48:24,239
Speaker 14: Watching this press is good breass.

928
00:48:24,400 --> 00:48:27,239
Speaker 2: And this is actually pretty, positive though Right the americans

929
00:48:27,320 --> 00:48:29,760
Speaker 2: just watched Him receive you can joke ABOUT the Fifa.

930
00:48:29,840 --> 00:48:32,719
Speaker 2: Peace prize, and however everyone knew he was going to.

931
00:48:32,800 --> 00:48:34,680
Speaker 2: Get this but a Lot of americans aren't reading the

932
00:48:34,680 --> 00:48:36,440
Speaker 2: tip sheets in. The morning they just saw the president

933
00:48:36,440 --> 00:48:38,279
Speaker 2: get a peace PRIZE. On tv what does that mean

934
00:48:38,360 --> 00:48:40,040
Speaker 2: for his image across?

935
00:48:40,040 --> 00:48:42,720
Speaker 13: The, COUNTRY look i could personally believe THAT The Fifa

936
00:48:42,920 --> 00:48:45,799
Speaker 13: peace prize is akin to that of a happy, meal

937
00:48:45,840 --> 00:48:49,560
Speaker 13: toy but globally it does sent a very so.

938
00:48:49,960 --> 00:48:53,040
Speaker 2: One of the great honors of his life a happy.

939
00:48:53,080 --> 00:48:56,600
Speaker 14: Meal toy we'll see who gets the. Second one i'm.

940
00:48:56,640 --> 00:48:57,440
Speaker 14: Not sure oh we got.

941
00:48:57,360 --> 00:48:59,840
Speaker 2: We'll see Holding, Up james we're showing the president. On

942
00:49:00,000 --> 00:49:02,160
Speaker 2: stage it's just it's something, THAT, Says, usa.

943
00:49:02,760 --> 00:49:03,799
Speaker 14: Okay well he drew.

944
00:49:03,800 --> 00:49:03,960
Speaker 13: You, in.

945
00:49:04,000 --> 00:49:06,600
Speaker 2: Okay gotcha. I'm sorry this is the actual. Drawing out

946
00:49:06,880 --> 00:49:09,160
Speaker 2: we're getting to, it here just to the end of the.

947
00:49:09,160 --> 00:49:10,799
Speaker 2: First hour there, we go all three.

948
00:49:10,800 --> 00:49:11,720
Speaker 3: Of, them.

949
00:49:13,000 --> 00:49:14,759
Speaker 2: Rick How many americans knew he was going to Win

950
00:49:14,760 --> 00:49:18,759
Speaker 2: The peace? Prize today are we are we being a

951
00:49:18,760 --> 00:49:19,399
Speaker 2: little too cute?

952
00:49:19,400 --> 00:49:23,200
Speaker 10: About, this yeah we're in, the bubble, you know outside,

953
00:49:23,239 --> 00:49:25,640
Speaker 10: the bubble nobody was thinking. About this nobody was THINKING

954
00:49:25,640 --> 00:49:30,759
Speaker 10: about Fifa draw with all due RESPECT, to fifa and

955
00:49:30,760 --> 00:49:33,719
Speaker 10: and yet your, point, is well, taken earlier is that

956
00:49:34,080 --> 00:49:36,319
Speaker 10: people are all going to see this. Is great, you

957
00:49:36,360 --> 00:49:38,680
Speaker 10: know nobody knows What The Nobel peace prize is and

958
00:49:38,760 --> 00:49:44,080
Speaker 10: we talk about that, every week, so like WHY wouldn't

959
00:49:44,080 --> 00:49:47,920
Speaker 10: fifa be bigger, than that because, you know it's got a.

960
00:49:47,920 --> 00:49:52,080
Speaker 10: Bigger brand so at the end of, the day, you

961
00:49:52,120 --> 00:49:54,759
Speaker 10: know it's it's A good it's A good Friday For.

962
00:49:55,000 --> 00:49:58,839
Speaker 10: Donald trump he's had some really rough, ones lately AND

963
00:49:59,000 --> 00:49:59,760
Speaker 10: today i think.

964
00:49:59,600 --> 00:50:00,399
Speaker 12: They're gonn they're.

965
00:50:00,400 --> 00:50:02,560
Speaker 10: Gonna celebrate maybe they'll open up the deck with some

966
00:50:02,640 --> 00:50:05,760
Speaker 10: heaters and play a little rock music At The white

967
00:50:05,760 --> 00:50:09,040
Speaker 10: house just to celebrate what a good day it's been.

968
00:50:09,080 --> 00:50:11,640
Speaker 2: For him they got the village people. IN town i

969
00:50:11,680 --> 00:50:13,279
Speaker 2: think they're all going to be At The Rose garden club.

970
00:50:13,360 --> 00:50:16,880
Speaker 2: Later right major hat tip To producer james managed to.

971
00:50:16,880 --> 00:50:19,000
Speaker 2: PUT together i never thought we'd have a segment with

972
00:50:19,080 --> 00:50:22,839
Speaker 2: the panel ON The Fifa world, cup draw but this

973
00:50:22,880 --> 00:50:27,480
Speaker 2: is politics in twenty. Twenty five thanks for listening To

974
00:50:27,520 --> 00:50:31,000
Speaker 2: the Balance of. Power podcast make sure to subscribe if you,

975
00:50:31,040 --> 00:50:33,799
Speaker 2: haven't Already, At, apple spotify or wherever you get, your

976
00:50:33,840 --> 00:50:36,919
Speaker 2: podcasts and you can find us live every Weekday, FROM

977
00:50:37,040 --> 00:50:40,600
Speaker 2: washington Dc At New time eastern at bloomberg. Dot com