WEBVTT - Debt-Limit Deadline Nears; TikTok Banned in First US State

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<v Speaker 1>From the Bloomberg Interactive Burgers Studios. This is Bloomberg day

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<v Speaker 1>Break for Thursday, May eighteenth.

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<v Speaker 2>Coming up today, Debt ceiling talks continue, with potential default

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<v Speaker 2>now just two weeks away.

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<v Speaker 3>President Biden arrived at the g seventh Summit in Japan.

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<v Speaker 4>TikTok is banned in one US state.

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<v Speaker 3>And retail earnings continue with Walmart recording. This morning, there.

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<v Speaker 5>Are conflicting accounts about a Papaanzza car chase involving Prince

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<v Speaker 5>Arey in Manhattan, plus the controversy about where the House

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<v Speaker 5>migrants in New York continues by Michael Barrn.

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<v Speaker 4>More ahead, I'm John stan Stalwin Sports.

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<v Speaker 6>I'll walk off win for the Mets, the walk off

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<v Speaker 6>lost for the Yankees. The Miami Heat won Game one

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<v Speaker 6>from the Celtic.

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<v Speaker 7>That's all straight ahead on Bloomberg day Break, The Business

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<v Speaker 7>news You need to starn your day in just one

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<v Speaker 7>fifteen minute podcast each morning on Apples, Spotify, the Bloomberg

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<v Speaker 7>Business Appen everywhere you get your podcasts.

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<v Speaker 4>Good morning, I'm Nathan Hager.

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<v Speaker 1>And I'm Karen Moscow. Here are the stories we're following today, Karen.

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<v Speaker 2>The US is now two weeks away from a potential

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<v Speaker 2>government default. President Biden is now out of the country,

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<v Speaker 2>with debt ceiling negotiations continuing in Washington. He's expressing confidence

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<v Speaker 2>that a deal will get done in time.

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<v Speaker 8>Every leader in the room understands the consequences.

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<v Speaker 9>Of we failed of Paya bills, and it would be

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<v Speaker 9>catastrophic for the for the.

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<v Speaker 7>American economy and the American people if we didn't pay bills.

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<v Speaker 2>President Biden says he will be in constant contact with

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<v Speaker 2>negotiators while he's away. House Speaker Kevin McCarthy says just

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<v Speaker 2>having a negotiation is a win. They finally backed off

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<v Speaker 2>the insane, unrational, unsensible idea that you just raise the

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<v Speaker 2>debt ceiling. Speaker McCarthy says he too, is hopeful a

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<v Speaker 2>deal can be reached before US default, which could come

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<v Speaker 2>as early as June first.

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<v Speaker 3>Well as negotiations continue.

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<v Speaker 1>Nathan McCarthy is criticizing the president's trip to Japan for

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<v Speaker 1>an international summit. The President arrived at the G seven

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<v Speaker 1>meeting about two hours ago, so Bloomberg. Stephen Angel is

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<v Speaker 1>there and says Russia is likely to be a major topic.

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<v Speaker 10>The National Security Advisor of the US J. Sullivan, says

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<v Speaker 10>the US will likely have a package of sanctions associated

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<v Speaker 10>with the G seven statement, further sanctions on Russia. They're

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<v Speaker 10>trying to close loopholes as well, third party nations, perhaps

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<v Speaker 10>funneling high tech elements to Moscow to help its war

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<v Speaker 10>in Ukraine. We'll also likely to see talk of economic

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<v Speaker 10>and humanitarian support to Ukraine. So it's the G seven.

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<v Speaker 1>There's a lot of unity and Bloomberg Stephen Angel and

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<v Speaker 1>Hiroshima says G seven leaders are also grappling with the

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<v Speaker 1>question of how to tackle China.

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<v Speaker 2>Meantime, Karen China's president shi Jinping, is holding a summit

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<v Speaker 2>of his own. The two day China Central Asia Summit

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<v Speaker 2>will assemble leaders from Kazakhstan, Kirryzstan, Taijikistan, Turkmenistan, and Uzbekistan.

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<v Speaker 2>It is She's way of reminding the G seven of

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<v Speaker 2>China's influence outside the US led world order.

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<v Speaker 1>Well back here in the US, Nathan presidential politics are

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<v Speaker 1>in focus, and there are more signs at Florida Governor

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<v Speaker 1>Ronda Santis is prime to announce a challenge to Donald

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<v Speaker 1>Trump for the Republican nomination.

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<v Speaker 3>We get the details from Bloomberg's Ed Baxter.

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<v Speaker 8>DeSantis has summoned financial backers for a meeting in Miami

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<v Speaker 8>next week. This, of course, is upping the speculation that

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<v Speaker 8>he may officially announce very soon. It is set for

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<v Speaker 8>the twenty fourth next week, and then for political briefing

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<v Speaker 8>the next morning, and then with the tes following the briefing,

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<v Speaker 8>the fun begins. They're encouraged to work with the team

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<v Speaker 8>through the night of the twenty fifth. DeSantis will have

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<v Speaker 8>to announce he is officially running before contributions can be solicited,

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<v Speaker 8>so the announcement could come during those two days in

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<v Speaker 8>San Francisco. I'm at Baxter Bloomberg Daybreak. Okay, ed, thank you.

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<v Speaker 8>TikTok is under more pressure from the US this morning.

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<v Speaker 8>The state of Montana has now enacted the first ever

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<v Speaker 8>been on the wildly popular app, and we get the

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<v Speaker 8>details now from Bloomberg's John Tucker John Nathan.

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<v Speaker 11>It's short on technical details and nobody's really certain how

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<v Speaker 11>it's going to be enforced. The measure bars app stores

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<v Speaker 11>for making TikTok available for download within Montana's borders, something

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<v Speaker 11>you can get around simply by using a virtual private network.

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<v Speaker 11>The governor says it's to protect residents data from the

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<v Speaker 11>Chinese Communist Party. TikTok is owned by Beijing based Byte Dance.

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<v Speaker 11>App stores would be liable for fines of ten thousand

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<v Speaker 11>dollars a day for violating the law. Individual TikTok users,

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<v Speaker 11>they wouldn't be punished. The real news will certainly be

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<v Speaker 11>the challenges to it. They'll offer insight into whether courts

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<v Speaker 11>will uphold efforts in Congress to ban TikTok. TikTok has

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<v Speaker 11>roughly one hundred and fifty million users in the US

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<v Speaker 11>in New York On John Tucker Bloomberg, dam.

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<v Speaker 1>Break all right, John, Thanks well, looking at Marcus this morning.

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<v Speaker 3>Let's update you on some of the stocks on the move.

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<v Speaker 1>Shares of Cisco are done about three and a half percent,

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<v Speaker 1>The largest maker of computer network machines as orders to

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<v Speaker 1>cline twenty three percent in the past quarter.

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<v Speaker 2>Now on the flip side, Careen shares of Take two

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<v Speaker 2>Interactive are up nine point six percent. The company known

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<v Speaker 2>for its Grand Theft auto video game top quarterly sales estimates.

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<v Speaker 2>Take two is also hinting of a release date for

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<v Speaker 2>an new version of its wildly popular title.

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<v Speaker 1>Well up next, Nathan retail earnings come into focus. We

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<v Speaker 1>get results this morning from Walmart, and Bloomberg's Tom Busby

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<v Speaker 1>has a preview.

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<v Speaker 9>The focus for investors is the strength of grocery sales

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<v Speaker 9>at Walmart, which makes up about half its annual revenues,

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<v Speaker 9>and they may be more important than ever after Target

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<v Speaker 9>reported its shoppers have been buying just the basics food

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<v Speaker 9>and household goods, not as much clothing or electronics. Also,

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<v Speaker 9>Home Depot noted a pullback by consumers in their report

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<v Speaker 9>earlier this week. Look for adjusted earnings of one dollar

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<v Speaker 9>thirty one cents a share, revenue of one hundred and

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<v Speaker 9>forty eight point seven billion dollars, and same store sales

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<v Speaker 9>forecast arise just over five percent. Tom Busby, Bloomberg Daybreak.

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<v Speaker 4>Okay, Tom, thank you.

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<v Speaker 2>Shares of Micron Technology are also on the move this morning,

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<v Speaker 2>that stocks up more than two percent in early trading.

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<v Speaker 2>Source to say Micron's pois to land about one and

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<v Speaker 2>a half billion dollars in financial incentives from the Japanese

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<v Speaker 2>government to help make it the next generation memory chips

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<v Speaker 2>in the country.

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<v Speaker 1>And Deutsche Bank coming under fire this morning Nathan or

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<v Speaker 1>It's work with Jeffrey Epstein. The bank will page seventy

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<v Speaker 1>five million dollars to settle a US lawsuit involving the

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<v Speaker 1>late disgraced financier. Victims of Epstein's sexual abuse accuse the

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<v Speaker 1>German bank of facilitating his sex trafficking operation. JP Morgan

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<v Speaker 1>is also facing a similar suit. And we have your

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<v Speaker 1>latest local headlines, plus a check of sports.

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<v Speaker 3>And this is Bloomberg.

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<v Speaker 2>I'm going to take a look at some of the

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<v Speaker 2>other stories making news in New York and around the world.

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<v Speaker 2>And for that beer, joined by Bloomberg's Michael Bargo Morning, Michael.

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<v Speaker 5>Good Morning. Nathan Saifulu Sipov, the Isis inspired terrorist who

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<v Speaker 5>carried out a deadly attack with a truck in New

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<v Speaker 5>York City, a sentenced to life in prison for killing

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<v Speaker 5>eight people when he sped down a bike path and

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<v Speaker 5>a branded truck. JP Patrick, the Jerry Foreman, spoke outside

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<v Speaker 5>the courthouse.

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<v Speaker 7>The gruesome nature of this crime was just hard to

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<v Speaker 7>take as a As a.

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<v Speaker 5>Jure, Sipov had been spared the death penalty. The life

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<v Speaker 5>sentence means he is headed to the nation's most secure

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<v Speaker 5>federal prison in Colorado. Once there, he's in for twenty

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<v Speaker 5>two hours a day alone in his cell. The House

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<v Speaker 5>voted to refer in battled Republican Congressman George Santos's case

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<v Speaker 5>to the Ethics Committee. Santos says, referring the resolution to

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<v Speaker 5>Ethics is the best path forward.

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<v Speaker 2>I was elected by them to come represent them.

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<v Speaker 4>I will continue to do that.

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<v Speaker 2>I have not not done my job since I've gotten here.

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<v Speaker 4>I can chew and walk them at the same time.

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<v Speaker 4>I can chew them and walk at the same time.

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<v Speaker 5>Some of his colleagues. He called Santos after his news conference, if.

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<v Speaker 2>I could understand you over my colleague screaming here, the

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<v Speaker 2>reality is better.

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<v Speaker 5>I gotta go there, come on. Santos is facing thirteen

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<v Speaker 5>federal charges, including money laundering. A spokesperson for Prince Harry

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<v Speaker 5>and Duchess Meghan claimed that they were involved in a

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<v Speaker 5>near catastrophic car chase while being pursued by paparazzi and

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<v Speaker 5>Manhattan Tuesday night. Meanwhile, the NYPD says it wasn't at

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<v Speaker 5>as traffic but merely challenging to get Megan and Harry home.

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<v Speaker 5>After heading to a police precinct for safety, Harry and Meghan,

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<v Speaker 5>along with her mother and a security guard, held a

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<v Speaker 5>taxi to elude photographers, but the cab drivers stopped short

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<v Speaker 5>of calling it a chase. New York's Mayor Eric Adams

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<v Speaker 5>also expressed skepticism about the chase lasting two hours, but

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<v Speaker 5>a lot of people are using our streets of any

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<v Speaker 5>type of high speed chase that involves something of that

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<v Speaker 5>nature is inappropriate. In nineteen ninety seven, Prince Harry's mother,

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<v Speaker 5>Princess Diana, died in a crash while being chased by

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<v Speaker 5>paparazzi in Paris. Meanwhile, Mayor Adams delivered some harsh words

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<v Speaker 5>for people criticizing the city's decision to house thousands of

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<v Speaker 5>migrants in the city's hotels. Adams says while he would

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<v Speaker 5>rather keep those hotels open for tourists, the city needs

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<v Speaker 5>to house the asylum seekers somewhere, and calls on others

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<v Speaker 5>for suggestions moving forward. Global News twenty four hours a day,

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<v Speaker 5>powered by more than seven hundred journalist and analysts in

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<v Speaker 5>over one hundred and twenty countries. I'm Michael Barr. This

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<v Speaker 5>is Bloomberg, Nathan.

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<v Speaker 2>Thank you, Michael, come now for the Blueberg Sports Update,

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<v Speaker 2>brought to you by tri State out Ay you.

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<v Speaker 4>Good morning, John stansh Hour, Good morning Nathan.

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<v Speaker 6>A wild and much needed win for the Mets, who've

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<v Speaker 6>been floundering for nearly a month, looked like another loss.

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<v Speaker 6>They trailed Tampa Bay two not in the city field later.

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<v Speaker 4>Five to two.

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<v Speaker 6>They tied the game with a dramatic three run homer

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<v Speaker 6>with two outs on the bottom of the ninth any

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<v Speaker 6>by Francisco Alvarez, but then they fell behind yet again

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<v Speaker 6>in the tenth inning.

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<v Speaker 4>When it was time for.

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<v Speaker 11>More drama, Fairbanks holds a cent the old one, swinging a.

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<v Speaker 4>High fly deep left field.

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<v Speaker 12>Peter Alonzo has what the game? It's a three run

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<v Speaker 12>walk off home run, Hey seven.

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<v Speaker 4>New York WCBS.

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<v Speaker 6>Just as the Mets were hitting those two three run

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<v Speaker 6>homers one to tie, one to win, a three run

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<v Speaker 6>shot into by the Blue Jays Danny Jansen of Wandy

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<v Speaker 6>Peralto for the first and only runs in the game.

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<v Speaker 6>Blue Jays shutout the Yankees three nothing in ten innings.

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<v Speaker 6>The Yanks had only three hits Game one of the

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<v Speaker 6>NBA East Finals to the heat their third straight series

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<v Speaker 6>opening win on the road. Fifteen to ever do that

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<v Speaker 6>beat the Celtics in Boston one twenty three, one sixteen,

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<v Speaker 6>led by Jimmy Butler thirty five points, five rebounds, seven assists,

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<v Speaker 6>six steals, the Heat made over half their three pointers.

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<v Speaker 6>They'll play Game two in the West tonight, Lakers Nuggets

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<v Speaker 6>in Denver where the Nuggets are seven, and oh Stanley

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<v Speaker 6>Cup playoffs are back to night.

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<v Speaker 4>Game one of the East Florida at Carolina.

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<v Speaker 6>Second Golf Major of the aar PGA Championship at Oak

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<v Speaker 6>Hill in Rochester. Big names going off over this morning,

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<v Speaker 6>like world number one in Masters Champ John Rom defending

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<v Speaker 6>Champ Justin Thomas playing.

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<v Speaker 4>With Orya McElroy live cover today.

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<v Speaker 6>I'm Blueberg Radio, starting just after the end of trading

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<v Speaker 6>at four Sons Stashewer.

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<v Speaker 4>Bloomberg's points.

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<v Speaker 7>Live from coast to coast, from New York to San Francisco,

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<v Speaker 7>Boston to Washington, nationwide on SYRIASXAM.

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<v Speaker 4>The Bloomberg Business app, and Bloomberg dot Com. This is

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<v Speaker 4>Bloomberg Daybreak. Good morning. I'm Nathan Hager.

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<v Speaker 2>President Biden and other world leaders have begun arriving in Hiroshima,

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<v Speaker 2>Japan for the annual Group of Seven Leaders Summit. The

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<v Speaker 2>warren Ukraine, arising China, and for the President, a debt

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<v Speaker 2>crisis back home will all be top of mind. Bloomberg's

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<v Speaker 2>and Marie Horden is covering the G seven for US

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<v Speaker 2>from Hiroshima and joins US Live this morning. Good to

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<v Speaker 2>have you with us and Marie as we watch headlines

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<v Speaker 2>cross the Bloomberg Terminal from the President's early meeting just now,

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<v Speaker 2>with Japanese Prime Minister Kashida saying that he wants to

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<v Speaker 2>hold Russia accountable for its brutal aggression in Ukraine, working

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<v Speaker 2>on nuclear non proliferation and working on partnerships between Japanese

0:11:46.600 --> 0:11:49.679
<v Speaker 2>and US companies. Already getting something of a glimpse of

0:11:49.720 --> 0:11:52.479
<v Speaker 2>the themes that are going to be dominating this G seven.

0:11:53.880 --> 0:11:55.760
<v Speaker 13>Certainly, and good morning to you. I think we should

0:11:55.760 --> 0:11:59.280
<v Speaker 13>start there with the nuclear weapons proliferation because obviously the

0:11:59.320 --> 0:12:03.800
<v Speaker 13>summit of Hiarashima is a potent reminder, of course what

0:12:03.920 --> 0:12:07.199
<v Speaker 13>happened in Japan twice with nuclear weapons by the United States.

0:12:07.280 --> 0:12:11.120
<v Speaker 13>It's also where Fumyo Koshida, Prime Minister is from. This

0:12:11.240 --> 0:12:15.240
<v Speaker 13>is incredibly important to him. But the main topics that

0:12:15.640 --> 0:12:18.679
<v Speaker 13>are going to probably be the most tense and you're

0:12:18.720 --> 0:12:21.600
<v Speaker 13>going to want to see the most action from world

0:12:21.679 --> 0:12:24.319
<v Speaker 13>leaders they potentially have some agreements on is going to

0:12:24.400 --> 0:12:27.120
<v Speaker 13>be Russia. There's a ton of sanctions already on the

0:12:27.200 --> 0:12:29.560
<v Speaker 13>Russian economy, so potentially going to look at how they

0:12:29.600 --> 0:12:32.640
<v Speaker 13>can close the gaps for how Russia is still getting

0:12:32.640 --> 0:12:37.520
<v Speaker 13>some material from third world countries, third party countries, excuse me.

0:12:37.800 --> 0:12:41.400
<v Speaker 13>And then of course China, how do they tackle China.

0:12:41.480 --> 0:12:43.959
<v Speaker 13>We know the United States wants to come out and

0:12:44.000 --> 0:12:46.920
<v Speaker 13>talk about economic coersion with China, but the issue they

0:12:47.000 --> 0:12:50.559
<v Speaker 13>have is how do they agree and get all of

0:12:50.640 --> 0:12:53.520
<v Speaker 13>the seven countries to not just agree on language, but

0:12:53.720 --> 0:12:56.599
<v Speaker 13>beyond language, what can actually be done Because all of

0:12:56.679 --> 0:13:00.640
<v Speaker 13>these economies, whether it's trade, whether it's investment, whether it's

0:13:01.320 --> 0:13:07.200
<v Speaker 13>supply chains, are critically linked with Beijing. So these going

0:13:07.280 --> 0:13:09.599
<v Speaker 13>to be very difficult conversations. And then to top it

0:13:09.679 --> 0:13:12.720
<v Speaker 13>off all for the president, he is going to feel

0:13:12.720 --> 0:13:15.600
<v Speaker 13>a tremendous amount of pressure for obviously negotiations that are

0:13:15.640 --> 0:13:18.439
<v Speaker 13>taking place back home in Washington, DC, and it is

0:13:18.480 --> 0:13:21.839
<v Speaker 13>a thirteen hour, brutal time difference, So it's going to

0:13:21.880 --> 0:13:24.480
<v Speaker 13>be a big one for this team to work through.

0:13:24.840 --> 0:13:27.800
<v Speaker 2>Yeah, to your point on the China question, Anne, Marie,

0:13:27.840 --> 0:13:31.120
<v Speaker 2>we've seen the leaders at this summit specifically taking some

0:13:31.320 --> 0:13:35.280
<v Speaker 2>pretty broad approaches when it comes to confronting President She

0:13:35.480 --> 0:13:38.599
<v Speaker 2>we had Emmanuel Macron, the president of France, take a

0:13:38.679 --> 0:13:42.480
<v Speaker 2>more open stance while the US is trying to get

0:13:42.520 --> 0:13:46.280
<v Speaker 2>past some of the tensions following the spy balloon incident

0:13:46.360 --> 0:13:49.839
<v Speaker 2>back in February. How can this gathering potentially lead to

0:13:49.960 --> 0:13:53.360
<v Speaker 2>some kind of consensus on just how to tackle the

0:13:53.480 --> 0:13:54.160
<v Speaker 2>Chinese question.

0:13:55.640 --> 0:13:58.040
<v Speaker 13>Well, they're looking to send a signal to China and

0:13:58.160 --> 0:14:01.800
<v Speaker 13>they're going to be announcing a joint effort according to

0:14:01.880 --> 0:14:05.000
<v Speaker 13>our reporting, to counter this economic coersion. But you know,

0:14:05.120 --> 0:14:08.080
<v Speaker 13>you mentioned Emmanue Macron, you mentioned what the president is doing.

0:14:08.160 --> 0:14:10.319
<v Speaker 13>What you're going to hear? I think a lot of languages,

0:14:10.440 --> 0:14:12.839
<v Speaker 13>there is a lot of talk of decoupling at one point.

0:14:13.200 --> 0:14:17.360
<v Speaker 13>Now everyone's talking about de risking. Amaanu. Macron will be

0:14:17.520 --> 0:14:21.000
<v Speaker 13>definitely one that is going to be watched because he

0:14:21.160 --> 0:14:24.360
<v Speaker 13>of course had this what Summer's definitely saying, and if

0:14:24.440 --> 0:14:26.640
<v Speaker 13>it's say it's a controversial trip that he talked about

0:14:26.640 --> 0:14:29.800
<v Speaker 13>strategic autonomy when it comes to China and how he

0:14:29.840 --> 0:14:32.640
<v Speaker 13>didn't want to decouple. But then you're going to look

0:14:32.680 --> 0:14:36.320
<v Speaker 13>at other leaders like Italy's Georgia Maloney, who recently met

0:14:36.400 --> 0:14:39.280
<v Speaker 13>with Speaker McCarthy and from our reporting, she told him

0:14:39.320 --> 0:14:41.880
<v Speaker 13>that they do plan to get out of China's Belton

0:14:42.000 --> 0:14:45.520
<v Speaker 13>Road initiative. So potentially some wins for the United States.

0:14:45.760 --> 0:14:48.600
<v Speaker 13>But the issue is how can they all align on

0:14:48.800 --> 0:14:53.440
<v Speaker 13>the actions, because for China it's very difficult in terms

0:14:53.560 --> 0:14:57.000
<v Speaker 13>of the economics work that is being done in each

0:14:57.080 --> 0:15:01.680
<v Speaker 13>individual country's trade, the investment. There's one potential area where

0:15:01.720 --> 0:15:05.120
<v Speaker 13>we could hear talk, and this is about outbound investment restrictions.

0:15:05.160 --> 0:15:07.600
<v Speaker 13>To that, Secretary Yellen when I was in the Gatta

0:15:07.720 --> 0:15:10.160
<v Speaker 13>spoke about this at the Finance Minister's meeting. She wants

0:15:10.160 --> 0:15:12.400
<v Speaker 13>to talk to other countries about it. But even that

0:15:12.600 --> 0:15:15.960
<v Speaker 13>at the moment looks very narrow in the scope. So potential,

0:15:15.960 --> 0:15:17.680
<v Speaker 13>there's going to be a lot of talk on China,

0:15:18.240 --> 0:15:22.400
<v Speaker 13>but really what happens in terms of tangible deliverables is

0:15:22.440 --> 0:15:23.080
<v Speaker 13>the big question.

0:15:23.680 --> 0:15:25.360
<v Speaker 4>Got about a minute left here, Anne Marie.

0:15:25.520 --> 0:15:27.560
<v Speaker 2>The President has said he's going to stay engaged with

0:15:27.640 --> 0:15:30.920
<v Speaker 2>the negotiations on the debt ceiling back in Washington. How

0:15:31.000 --> 0:15:33.360
<v Speaker 2>much of an overhang could this be for the other

0:15:33.560 --> 0:15:36.400
<v Speaker 2>leaders gathered at the G seven when it comes to

0:15:36.480 --> 0:15:37.960
<v Speaker 2>the US standing.

0:15:37.680 --> 0:15:41.600
<v Speaker 13>In the world, well, already, the President had a cancel

0:15:41.720 --> 0:15:43.920
<v Speaker 13>part of his trip. He was going to pop A

0:15:43.960 --> 0:15:45.880
<v Speaker 13>New Guinea, which was supposed to be a big play

0:15:45.960 --> 0:15:48.280
<v Speaker 13>on a tour in China, and he was also going

0:15:48.320 --> 0:15:51.320
<v Speaker 13>to Australia meeting with the Quad. They are going to

0:15:51.400 --> 0:15:54.480
<v Speaker 13>be here and have a sideline meeting alongside the G seven.

0:15:54.840 --> 0:15:57.120
<v Speaker 13>But the President was making a bigger push in the

0:15:57.200 --> 0:15:59.840
<v Speaker 13>Asia Pacific and he had to cut short to be

0:16:00.200 --> 0:16:03.800
<v Speaker 13>with what is going on domestically. So there will be

0:16:04.040 --> 0:16:07.560
<v Speaker 13>probably a lot of criticism for that on the international

0:16:07.720 --> 0:16:11.120
<v Speaker 13>stage that domestic politics is getting getting in the way

0:16:11.320 --> 0:16:15.400
<v Speaker 13>of foreign policy. We also have criticism back home for

0:16:15.520 --> 0:16:19.560
<v Speaker 13>the president, Super McCarthy telling the President stop hiding, stop traveling.

0:16:20.200 --> 0:16:21.800
<v Speaker 13>This is going to be a big one for the president,

0:16:21.840 --> 0:16:24.040
<v Speaker 13>but he exhibited a lot of confidence before he left

0:16:24.080 --> 0:16:26.960
<v Speaker 13>that he thinks his team dealing with the Republicans can

0:16:27.080 --> 0:16:27.880
<v Speaker 13>find an agreement.

0:16:30.440 --> 0:16:33.320
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