1
00:00:00,880 --> 00:00:04,360
Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch us

2
00:00:04,400 --> 00:00:07,600
Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the

3
00:00:07,640 --> 00:00:10,760
Speaker 1: iHeartRadio app, and the Bloomberg Business app, or listen on

4
00:00:10,800 --> 00:00:12,840
Speaker 1: demand wherever you get your podcasts.

5
00:00:14,000 --> 00:00:16,400
Speaker 2: And welcome to the Wednesday edition of Sound On. I

6
00:00:16,480 --> 00:00:19,360
Speaker 2: am Amy Morris and for Joe Matthew, and we start

7
00:00:19,400 --> 00:00:22,960
Speaker 2: with our top story today, as Colorado's highest court ruled

8
00:00:23,000 --> 00:00:27,040
Speaker 2: that Donald Trump is ineligible to service president because of

9
00:00:27,040 --> 00:00:30,600
Speaker 2: his actions inciting the January sixth attack on the US Capitol.

10
00:00:30,760 --> 00:00:32,839
Speaker 2: We're going to learn more about this right now. Bloomberg

11
00:00:32,920 --> 00:00:36,559
Speaker 2: Supreme Court reporter Greg's Store joins us. Greg. The trial

12
00:00:36,680 --> 00:00:40,240
Speaker 2: judge in this case several weeks ago said Trump could

13
00:00:40,320 --> 00:00:42,760
Speaker 2: stay on the ballot, but the Supreme Court in Colorado

14
00:00:42,800 --> 00:00:45,440
Speaker 2: has now overturned that exactly.

15
00:00:45,800 --> 00:00:48,320
Speaker 3: The trial judge said that this provision that that issue

16
00:00:48,320 --> 00:00:51,520
Speaker 3: in the case, the insurrection clause of the US Constitution,

17
00:00:52,120 --> 00:00:55,760
Speaker 3: didn't apply to the president. The Colorado Supreme Court said, yes,

18
00:00:55,800 --> 00:00:58,480
Speaker 3: it did. And in addition, we agree with the trial

19
00:00:58,600 --> 00:01:01,720
Speaker 3: judge that Donald Trump actually engage in an insurrection when

20
00:01:01,720 --> 00:01:05,399
Speaker 3: he incited those rioters to go into the Capitol on

21
00:01:05,560 --> 00:01:06,520
Speaker 3: January the sixth.

22
00:01:07,319 --> 00:01:11,360
Speaker 2: Well, that's really my main question, because has Donald Trump

23
00:01:11,440 --> 00:01:14,640
Speaker 2: been convicted of insurrection? Are they setting themselves up for

24
00:01:14,720 --> 00:01:15,959
Speaker 2: a question of due process?

25
00:01:16,640 --> 00:01:19,360
Speaker 3: So he has not been been convicted, that is That

26
00:01:19,480 --> 00:01:22,960
Speaker 3: is a really important point, and it may make a difference,

27
00:01:23,120 --> 00:01:25,399
Speaker 3: It may not be framed in terms of due process,

28
00:01:25,480 --> 00:01:28,760
Speaker 3: but this is a provision that has basically, you know,

29
00:01:29,200 --> 00:01:32,000
Speaker 3: almost never been applied and certainly not applied in a

30
00:01:32,040 --> 00:01:36,640
Speaker 3: situation like this. And so the question is do you

31
00:01:36,680 --> 00:01:39,080
Speaker 3: need a criminal conviction or do you need an Act

32
00:01:39,120 --> 00:01:42,280
Speaker 3: of Congress or something else, or can a state court

33
00:01:42,480 --> 00:01:44,399
Speaker 3: just do what it did here, look at the evidence

34
00:01:44,400 --> 00:01:45,920
Speaker 3: itself and make a decision.

35
00:01:46,760 --> 00:01:49,360
Speaker 2: And time is of the essence here. We do expect

36
00:01:49,360 --> 00:01:50,720
Speaker 2: Trump's lawyers to appeal this.

37
00:01:51,800 --> 00:01:55,200
Speaker 3: We do so the chlora Supreme Court order said we're

38
00:01:55,200 --> 00:01:57,760
Speaker 3: putting this order on hold. As long as Donald Trump

39
00:01:57,840 --> 00:02:00,440
Speaker 3: appeals to the Supreme Court by January the four, which

40
00:02:00,480 --> 00:02:02,680
Speaker 3: his campaign has said he's going to do, the rule

41
00:02:02,760 --> 00:02:04,720
Speaker 3: is going to stay on hold. So he may end

42
00:02:04,800 --> 00:02:07,360
Speaker 3: up still on the primary ballot there. But if the

43
00:02:07,400 --> 00:02:10,880
Speaker 3: Supreme Court agrees to take up the appeal, it will

44
00:02:10,919 --> 00:02:13,400
Speaker 3: be in a position of basically deciding whether he can

45
00:02:13,440 --> 00:02:16,080
Speaker 3: be on general election ballots all across the country.

46
00:02:16,919 --> 00:02:19,799
Speaker 2: So this could see up other fourteenth Amendment questions then.

47
00:02:20,960 --> 00:02:24,600
Speaker 3: It could or the Supreme Court could just resolve everything now.

48
00:02:24,639 --> 00:02:27,840
Speaker 3: And certainly there's a lot of reasons why one might

49
00:02:27,919 --> 00:02:31,079
Speaker 3: think the Supreme Court would want to do this. Better

50
00:02:31,080 --> 00:02:33,959
Speaker 3: to get a decision now one way or another, or

51
00:02:34,040 --> 00:02:38,400
Speaker 3: decision soon, rather than have this issue, you know, you know,

52
00:02:38,560 --> 00:02:40,880
Speaker 3: sort of drift on towards the fall when it gets

53
00:02:40,880 --> 00:02:43,239
Speaker 3: harder and harder to make a change in terms of

54
00:02:43,320 --> 00:02:44,800
Speaker 3: who the Republican nominee is.

55
00:02:45,560 --> 00:02:48,080
Speaker 2: You know. Conventional wisdom has it that the Supreme Court

56
00:02:48,240 --> 00:02:51,800
Speaker 2: moves quite slowly when it comes to certain cases, but

57
00:02:52,240 --> 00:02:54,720
Speaker 2: they can actually move as fast as they like. Correct,

58
00:02:54,800 --> 00:02:56,840
Speaker 2: So they could expedite this if they need to.

59
00:02:57,680 --> 00:03:01,520
Speaker 3: Absolutely Bush they gore in two thousand. Think about that case.

60
00:03:01,800 --> 00:03:04,760
Speaker 3: That appeal was actually filed on Saturday and the case

61
00:03:04,840 --> 00:03:07,120
Speaker 3: was resolved on Tuesday, three days away. So if the

62
00:03:07,120 --> 00:03:10,040
Speaker 3: Supreme Court feels the need, it can. Of course. The

63
00:03:10,080 --> 00:03:13,520
Speaker 3: course also got this other matter before them involving Donald

64
00:03:13,520 --> 00:03:17,359
Speaker 3: Trump's claim of immunity from criminal prosecution. The Special Council

65
00:03:17,400 --> 00:03:19,360
Speaker 3: there has asked the Supreme Court to decide that on

66
00:03:19,400 --> 00:03:23,440
Speaker 3: an expedited basis, and the timeframe he is asking for

67
00:03:23,480 --> 00:03:25,560
Speaker 3: there is two months, which is about what the court

68
00:03:25,639 --> 00:03:28,600
Speaker 3: took in the Nixon tapes case back in the seventies.

69
00:03:30,080 --> 00:03:32,360
Speaker 2: Assuming the Supreme Court does take it, well, first of all,

70
00:03:32,400 --> 00:03:34,040
Speaker 2: let me ask you if you think they will. Does

71
00:03:34,080 --> 00:03:36,160
Speaker 2: it look like is it a foregone conclusion the Supreme

72
00:03:36,160 --> 00:03:37,040
Speaker 2: Court will take this up.

73
00:03:37,640 --> 00:03:40,360
Speaker 3: I wouldn't say foregone conclusion, but most of the people

74
00:03:40,440 --> 00:03:42,840
Speaker 3: I've been talking to you both before and after the

75
00:03:42,920 --> 00:03:45,600
Speaker 3: decision came out, had been saying if a state supreme

76
00:03:45,640 --> 00:03:48,320
Speaker 3: court says Donald Trump cannot be on our ballot, then

77
00:03:48,320 --> 00:03:50,520
Speaker 3: the Supreme Court would have to get involved. It was

78
00:03:50,560 --> 00:03:53,200
Speaker 3: one thing as long as lower courts were saying, no,

79
00:03:53,280 --> 00:03:55,040
Speaker 3: nothing to see here, We're going to let the election

80
00:03:55,120 --> 00:04:01,360
Speaker 3: go ahead. Like plan that the color Redo Supreme Court

81
00:04:01,640 --> 00:04:04,520
Speaker 3: has intervened. It seems really hard for the Supreme Court

82
00:04:04,600 --> 00:04:06,360
Speaker 3: to say, we're just going to let that decision go

83
00:04:06,600 --> 00:04:09,560
Speaker 3: and wait a while until we see more from other courts.

84
00:04:09,840 --> 00:04:12,600
Speaker 3: So odds are pretty good that the Supreme Court will

85
00:04:12,640 --> 00:04:13,560
Speaker 3: agree to take this up.

86
00:04:14,560 --> 00:04:16,600
Speaker 2: A bit of a touchy question here, but I think

87
00:04:16,600 --> 00:04:21,279
Speaker 2: you can handle it. Is there expected pressure on Clarence Thomas.

88
00:04:21,600 --> 00:04:25,120
Speaker 2: Justice Thomas to accuse himself considering some of the allegations

89
00:04:25,160 --> 00:04:26,679
Speaker 2: regarding he and his wife.

90
00:04:27,160 --> 00:04:29,359
Speaker 3: Well, there will certainly be pressure. There will be calls

91
00:04:29,400 --> 00:04:32,760
Speaker 3: for him to recuse. That is a decision that has

92
00:04:32,839 --> 00:04:34,640
Speaker 3: always been and looks like it will continue to be

93
00:04:35,120 --> 00:04:38,159
Speaker 3: up to the individual justice. Justice Thomas for the most

94
00:04:38,160 --> 00:04:40,880
Speaker 3: part has not recused from any cases connected to Jane

95
00:04:40,960 --> 00:04:44,039
Speaker 3: Ray six. The one exception too, that had to do

96
00:04:44,160 --> 00:04:48,920
Speaker 3: with John Eastman, the lawyer for President Trump. Former lawyer,

97
00:04:49,800 --> 00:04:52,800
Speaker 3: he's a former Clarence Thomas law clerk, and that case

98
00:04:52,839 --> 00:04:57,080
Speaker 3: also sort of involved talk about efforts to persuade Justice

99
00:04:57,080 --> 00:05:00,560
Speaker 3: Thomas himself, So there were some special circumstances there. You know,

100
00:05:00,600 --> 00:05:02,640
Speaker 3: there's nothing that I have seen that would indicate that

101
00:05:02,760 --> 00:05:06,160
Speaker 3: Justice Thomas is going to change his approach and recuse

102
00:05:06,160 --> 00:05:08,680
Speaker 3: from this case. But I'm sure there will be calls.

103
00:05:09,520 --> 00:05:13,800
Speaker 2: Do you anticipate a national response to this? What sort

104
00:05:13,839 --> 00:05:15,680
Speaker 2: of impact do you see from the ruling on the

105
00:05:15,720 --> 00:05:16,160
Speaker 2: High Court?

106
00:05:17,080 --> 00:05:19,360
Speaker 3: Well, it will have a huge national impact. I mean,

107
00:05:19,480 --> 00:05:22,200
Speaker 3: it is possible this Supreme Court will take up this

108
00:05:22,320 --> 00:05:25,760
Speaker 3: case and effectively declare Donald Trump cannot be a candidate

109
00:05:25,839 --> 00:05:29,960
Speaker 3: for president and that is every bit that is big

110
00:05:30,000 --> 00:05:34,839
Speaker 3: of a decision, as it sounds like, you know, an

111
00:05:34,880 --> 00:05:37,040
Speaker 3: awful lot of people don't think the Supreme Court will

112
00:05:37,080 --> 00:05:39,840
Speaker 3: be willing to do that. This is a court that

113
00:05:40,560 --> 00:05:42,719
Speaker 3: doesn't always want to put itself in the middle of

114
00:05:42,800 --> 00:05:44,960
Speaker 3: political battles, and this, you know, in addition to a

115
00:05:45,040 --> 00:05:48,400
Speaker 3: legal battle, is very much a political battle. But if

116
00:05:48,440 --> 00:05:50,599
Speaker 3: the Court were to do that, it would just have

117
00:05:50,680 --> 00:05:53,279
Speaker 3: a seismic impact, and you know, you would certainly be

118
00:05:53,360 --> 00:05:56,720
Speaker 3: ranking that up there with among the very biggest decisions

119
00:05:56,760 --> 00:05:58,080
Speaker 3: the Supreme Court has ever issued.

120
00:05:58,560 --> 00:06:00,880
Speaker 2: It's incredible and we're going to I can keep watching

121
00:06:00,920 --> 00:06:04,080
Speaker 2: it with you, Bloomberg Supreme Court reporter Greg Store. Always

122
00:06:04,080 --> 00:06:07,039
Speaker 2: a pleasure. Thanks so much for taking the time with us. Now,

123
00:06:07,200 --> 00:06:09,919
Speaker 2: let's turn to the war between Israel and Hamas and

124
00:06:09,960 --> 00:06:13,479
Speaker 2: the humanitarian crisis in Gaza and the attacks in the

125
00:06:13,520 --> 00:06:15,800
Speaker 2: Red Sea. Michael Knights is a senior fellow at the

126
00:06:15,880 --> 00:06:19,800
Speaker 2: Washington Institute for Near East Policy and he joins us now, Michael,

127
00:06:19,880 --> 00:06:21,919
Speaker 2: thank you for taking the time with us. We're just

128
00:06:21,960 --> 00:06:23,600
Speaker 2: going to go with the top news of the day.

129
00:06:23,640 --> 00:06:25,840
Speaker 2: A top political leader of Hamas was in Cairo in

130
00:06:25,960 --> 00:06:29,920
Speaker 2: Egypt today holding talks with Egyptian officials about a possible

131
00:06:29,960 --> 00:06:32,520
Speaker 2: truce in the war in Gaza and how to make

132
00:06:32,560 --> 00:06:34,040
Speaker 2: that happen. What does that signal for.

133
00:06:34,040 --> 00:06:39,720
Speaker 4: You, Well, it signals that Hamas is desperate for the

134
00:06:39,760 --> 00:06:42,640
Speaker 4: action to stop. They want to a series of long

135
00:06:42,720 --> 00:06:46,520
Speaker 4: lasting truces or cease fires and to get back to

136
00:06:46,560 --> 00:06:52,480
Speaker 4: the business of horse trading for hostages. That's their survival

137
00:06:52,560 --> 00:06:56,560
Speaker 4: technique to try and stop the Israeli military action and

138
00:06:56,800 --> 00:06:59,039
Speaker 4: get into a space they're much more comfortable with, which

139
00:06:59,080 --> 00:06:59,960
Speaker 4: is hostage exchange.

140
00:07:00,080 --> 00:07:06,240
Speaker 2: Use How okay? Would a truce then, I'm trying to

141
00:07:06,240 --> 00:07:08,039
Speaker 2: figure out how to frame this. Would a truce then

142
00:07:08,320 --> 00:07:12,600
Speaker 2: help throughout the region as far as attacks from the

143
00:07:12,600 --> 00:07:16,520
Speaker 2: Hooties and would it create more of a buffer to

144
00:07:16,600 --> 00:07:22,200
Speaker 2: prevent other proxy type attacks.

145
00:07:22,120 --> 00:07:25,480
Speaker 4: The Houthis and the other Iran backed members of the

146
00:07:25,480 --> 00:07:28,720
Speaker 4: Axis of Resistance. We'll keep attacking as long as there

147
00:07:28,760 --> 00:07:32,520
Speaker 4: is a ground war in Gaza. So it certainly would

148
00:07:32,560 --> 00:07:36,080
Speaker 4: reduce the amount of military tension in the region, But

149
00:07:36,120 --> 00:07:39,360
Speaker 4: the Biden administration still seems committed to allowing Israel to

150
00:07:39,360 --> 00:07:43,520
Speaker 4: finish the job on Hamas. Before we moved to a

151
00:07:43,560 --> 00:07:44,480
Speaker 4: full sease fire.

152
00:07:45,720 --> 00:07:49,320
Speaker 2: Now Israeli President Isaac Herzog says his country is prepared

153
00:07:49,360 --> 00:07:53,040
Speaker 2: to agree to a second humanitarian pause in fighting in

154
00:07:53,160 --> 00:07:55,760
Speaker 2: exchange for these hostages. There are still more than one

155
00:07:55,840 --> 00:07:59,720
Speaker 2: hundred and twenty hostages being held there. What does that

156
00:07:59,760 --> 00:08:02,440
Speaker 2: tell you as far as over the next few weeks

157
00:08:02,520 --> 00:08:04,200
Speaker 2: or even a few months, as far as how the

158
00:08:04,280 --> 00:08:07,720
Speaker 2: fighting may rotate through, how they're going to be able

159
00:08:07,720 --> 00:08:09,080
Speaker 2: to have these future pauses.

160
00:08:11,160 --> 00:08:14,480
Speaker 4: Well, CIA Director Bill Burns and a number of other

161
00:08:14,600 --> 00:08:17,680
Speaker 4: regional officials are working twenty four to seven to try

162
00:08:17,720 --> 00:08:21,440
Speaker 4: and get both the foreign hostages and the Israeli hostages

163
00:08:21,880 --> 00:08:27,360
Speaker 4: back from her Mass. The Israelis became very tired of

164
00:08:27,400 --> 00:08:31,520
Speaker 4: her Masses negotiating tactics in which they would dangle the

165
00:08:31,560 --> 00:08:34,040
Speaker 4: hostages and then pull them back at the last moment

166
00:08:34,200 --> 00:08:36,960
Speaker 4: in search of a better deal. That's why we've got

167
00:08:36,960 --> 00:08:40,080
Speaker 4: the collapse of the ceasefire and the new phase of

168
00:08:40,200 --> 00:08:43,920
Speaker 4: ground operations. There's an attempt now to get a new

169
00:08:44,000 --> 00:08:47,720
Speaker 4: set of hostage releases going, but if a mass uses

170
00:08:48,040 --> 00:08:52,640
Speaker 4: its delay tactics again, that effort will probably collapse as well.

171
00:08:53,400 --> 00:08:53,600
Speaker 5: Well.

172
00:08:53,640 --> 00:08:56,360
Speaker 2: That was what my concern is is that the hostages

173
00:08:56,520 --> 00:08:58,679
Speaker 2: are a bargaining chip, and they're not going to be

174
00:08:58,720 --> 00:09:02,000
Speaker 2: willing to give up that bargain. How far can this go?

175
00:09:04,080 --> 00:09:07,000
Speaker 4: Well, the Israelis believe that they're about three to six

176
00:09:07,080 --> 00:09:13,280
Speaker 4: weeks away from completing the operation, which would include overrunning

177
00:09:13,280 --> 00:09:17,439
Speaker 4: the locations where the hostages would in theory be located.

178
00:09:17,679 --> 00:09:21,200
Speaker 4: Those will be there's a smaller, smaller number of places

179
00:09:21,200 --> 00:09:23,760
Speaker 4: where they can be and as those three to six

180
00:09:23,800 --> 00:09:28,480
Speaker 4: weeks go by, Hamas's leverage is reduced because those hostages

181
00:09:28,520 --> 00:09:31,480
Speaker 4: are going to get reached by the Israelis anyway. So

182
00:09:31,559 --> 00:09:34,559
Speaker 4: the Israelis are counting on being able to reduce the

183
00:09:34,679 --> 00:09:37,680
Speaker 4: masses leverage and eventually force them into a position where

184
00:09:37,679 --> 00:09:41,760
Speaker 4: they give back the hostages in response for perhaps a

185
00:09:41,840 --> 00:09:45,480
Speaker 4: deal where the Hamas leadership can relocate to another country

186
00:09:45,559 --> 00:09:46,000
Speaker 4: like Cutter.

187
00:09:46,960 --> 00:09:49,880
Speaker 2: So then who is operating under a greater sense of urgency?

188
00:09:49,920 --> 00:09:51,840
Speaker 2: Would it be Israel or Hamas.

189
00:09:53,200 --> 00:09:55,960
Speaker 4: Hamas gambled when it took the hostages that Israel would

190
00:09:55,960 --> 00:09:58,640
Speaker 4: be feeling all the pressure, But in fact, Israel has

191
00:09:58,960 --> 00:10:02,840
Speaker 4: been very steady in continuing its military operations and the

192
00:10:02,960 --> 00:10:05,360
Speaker 4: US has provided very strong.

193
00:10:05,080 --> 00:10:07,400
Speaker 5: Support to Israel to continue those operations.

194
00:10:07,400 --> 00:10:10,480
Speaker 4: So that's probably surprised to mass and the broader access

195
00:10:10,559 --> 00:10:11,199
Speaker 4: of resistance.

196
00:10:12,520 --> 00:10:16,440
Speaker 2: We are talking with Washington Institute Senior fellow Michael Knights. Michael,

197
00:10:16,480 --> 00:10:19,240
Speaker 2: you have a new study out on the tricky challenge

198
00:10:19,400 --> 00:10:23,000
Speaker 2: posed by the Hooties for the United States. How much

199
00:10:23,120 --> 00:10:25,120
Speaker 2: of a threat do they pose and to whom?

200
00:10:27,000 --> 00:10:31,080
Speaker 4: L Huthi's posed a very significant threat to global trade

201
00:10:31,120 --> 00:10:34,600
Speaker 4: moving through the Sewers Canal. You know what they've currently

202
00:10:34,640 --> 00:10:37,600
Speaker 4: done with their attacks on shipping in the Red Sea,

203
00:10:38,440 --> 00:10:40,880
Speaker 4: which is south of Israel, and you know, is the

204
00:10:40,880 --> 00:10:43,520
Speaker 4: way that you reach the Sewers Canal to connect the

205
00:10:43,520 --> 00:10:47,199
Speaker 4: Indian Ocean to the Mediterranean. They've essentially put global shipping

206
00:10:47,320 --> 00:10:50,880
Speaker 4: back to the eighteen fifties in some ways where you

207
00:10:50,920 --> 00:10:55,079
Speaker 4: had to go around South Africa to get from Asia

208
00:10:55,480 --> 00:10:58,520
Speaker 4: to Europe. So they've had a very significant effect in

209
00:10:58,640 --> 00:11:01,559
Speaker 4: terms of affecting global shipping. You know, we remember when

210
00:11:01,600 --> 00:11:05,160
Speaker 4: the ever Given tanker turned sideways in the Sewerz Canal

211
00:11:05,200 --> 00:11:10,280
Speaker 4: and it caused enormous economic damage to both Asia.

212
00:11:10,000 --> 00:11:13,000
Speaker 5: And to Europe. So that's the threat that they pose.

213
00:11:14,000 --> 00:11:15,920
Speaker 4: You know, at the moment, the US is pulling together

214
00:11:16,040 --> 00:11:20,679
Speaker 4: a escort mission with a variety of nations so that

215
00:11:20,720 --> 00:11:24,920
Speaker 4: ships can feel and insurers can feel safer to use

216
00:11:24,960 --> 00:11:26,319
Speaker 4: the Red Sea and the Sewiz Canal.

217
00:11:26,320 --> 00:11:30,319
Speaker 2: Again, in your column that you the study that you wrote,

218
00:11:30,320 --> 00:11:33,120
Speaker 2: you referred to them as the Axis of Resistance. I

219
00:11:33,200 --> 00:11:36,760
Speaker 2: wonder if that was an intentional use of the terminology

220
00:11:36,800 --> 00:11:38,560
Speaker 2: that we may remember from World War Two.

221
00:11:41,000 --> 00:11:42,800
Speaker 4: And then there was also the Axis of Evil if

222
00:11:42,800 --> 00:11:44,640
Speaker 4: we remember from two thousand and two as well.

223
00:11:44,679 --> 00:11:46,719
Speaker 5: But it's what they call themselves.

224
00:11:46,760 --> 00:11:51,160
Speaker 4: Actually, it's an attempt to bring together all the different

225
00:11:51,280 --> 00:11:55,359
Speaker 4: Iran backed elements like Lebaniesays, Bulla, Hamas, the Iraqi militias,

226
00:11:55,600 --> 00:11:59,040
Speaker 4: and the Huthis in one movement that is there to

227
00:11:59,160 --> 00:12:02,880
Speaker 4: resist both Israel and the United States. So it's their

228
00:12:02,920 --> 00:12:08,719
Speaker 4: own terminology, and the Huthis rather are trying to demonstrate

229
00:12:08,800 --> 00:12:13,240
Speaker 4: that they're the most radical and risk acceptant member of

230
00:12:13,280 --> 00:12:15,680
Speaker 4: the Axis of resistance.

231
00:12:15,200 --> 00:12:16,040
Speaker 5: In this crisis.

232
00:12:16,880 --> 00:12:18,679
Speaker 2: Now, we only have a couple of minutes here, and

233
00:12:18,720 --> 00:12:20,360
Speaker 2: I don't want to get too deep into it, but

234
00:12:20,400 --> 00:12:23,200
Speaker 2: I think it's important that we establish what the relationship

235
00:12:23,280 --> 00:12:27,079
Speaker 2: is between the Hooties and Iran. Can you briefly explain

236
00:12:27,120 --> 00:12:27,920
Speaker 2: that for our audience.

237
00:12:29,520 --> 00:12:36,120
Speaker 4: Yes, the Huthis built their movement as a clone of Lebanese,

238
00:12:36,160 --> 00:12:40,720
Speaker 4: says Buller, which was itself a clone of the post

239
00:12:40,760 --> 00:12:45,080
Speaker 4: revolution Iran's government. So if you imagine, the Huthis would

240
00:12:45,120 --> 00:12:49,360
Speaker 4: be the younger brother to Lebanese, says Buller, and they

241
00:12:49,360 --> 00:12:52,360
Speaker 4: both look up to their parents, the Islamic Republic of Iran.

242
00:12:53,040 --> 00:12:55,680
Speaker 4: And there are very strong Commond control links between the

243
00:12:55,720 --> 00:12:58,400
Speaker 4: Iranians and the Huthis, including the provision of all of

244
00:12:58,440 --> 00:13:02,200
Speaker 4: these advanced weapons which have been at Israel or at

245
00:13:02,200 --> 00:13:03,280
Speaker 4: international shipping.

246
00:13:03,800 --> 00:13:06,560
Speaker 5: So there's very tight connections.

247
00:13:06,040 --> 00:13:09,920
Speaker 2: Indeed, And in our last minute here, Michael, how does

248
00:13:09,960 --> 00:13:13,840
Speaker 2: the US then secure its own interests while keeping in

249
00:13:13,880 --> 00:13:18,000
Speaker 2: mind the future of the NY people? What sort of

250
00:13:18,080 --> 00:13:20,720
Speaker 2: position does this put our US military?

251
00:13:22,400 --> 00:13:25,280
Speaker 4: US military is in a strange position because it's facing

252
00:13:25,320 --> 00:13:29,559
Speaker 4: an opponent, the Houthis, who don't fear America. And it's

253
00:13:29,600 --> 00:13:32,760
Speaker 4: also coming at a time when the Yemen peace process,

254
00:13:32,840 --> 00:13:35,760
Speaker 4: which might end the nine year long war, the world's

255
00:13:35,760 --> 00:13:40,240
Speaker 4: greatest humanitarian crisis, is almost ready to be signed. So

256
00:13:40,280 --> 00:13:43,360
Speaker 4: the US doesn't want to do anything to disrupt that.

257
00:13:43,559 --> 00:13:46,240
Speaker 4: And as a result, the Houthis are kind of bulletproof

258
00:13:46,320 --> 00:13:48,920
Speaker 4: right now. They can do this to global shipping and

259
00:13:48,960 --> 00:13:52,480
Speaker 4: nobody's going to do anything back to them.

260
00:13:52,640 --> 00:13:54,920
Speaker 2: What should we be watching for over the next few weeks.

261
00:13:54,920 --> 00:13:56,160
Speaker 2: We have about thirty seconds here.

262
00:13:57,880 --> 00:13:59,760
Speaker 4: We should be watching to see how many more nations

263
00:13:59,840 --> 00:14:02,520
Speaker 4: do in the US in the escort mission in the

264
00:14:02,559 --> 00:14:03,160
Speaker 4: Red City.

265
00:14:04,040 --> 00:14:05,920
Speaker 2: All right, we're going to continue to watch that with you.

266
00:14:05,960 --> 00:14:08,040
Speaker 2: Thank you so much for filling us in and for

267
00:14:08,080 --> 00:14:10,719
Speaker 2: bringing us up to speed on how this is developing.

268
00:14:11,200 --> 00:14:14,040
Speaker 2: Michael Knights is a Senior Fellow at the Washington Institute.

269
00:14:14,040 --> 00:14:18,240
Speaker 2: He specializes in the military and security affairs of Iran, Iraq,

270
00:14:18,679 --> 00:14:21,200
Speaker 2: and the Gulf States. We have much more still to come.

271
00:14:21,240 --> 00:14:25,240
Speaker 2: Stay with us. You are listening to sound On. This

272
00:14:25,400 --> 00:14:26,000
Speaker 2: is Bloomberg.

273
00:14:30,080 --> 00:14:33,440
Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the

274
00:14:33,480 --> 00:14:37,360
Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the

275
00:14:37,400 --> 00:14:40,760
Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App.

276
00:14:40,880 --> 00:14:43,720
Speaker 1: You can also listen live on Amazon Alexa from our

277
00:14:43,760 --> 00:14:48,240
Speaker 1: flagship New York station. Just say Alexa play Bloomberg eleven thirty.

278
00:14:49,640 --> 00:14:51,960
Speaker 2: You are listening to sound On, and I'm Amy Morris

279
00:14:52,040 --> 00:14:55,120
Speaker 2: in for Joe Matthew. Let's turn out to our political panel.

280
00:14:55,440 --> 00:14:59,760
Speaker 2: Bloomberg Politics contributor Rick Davis and Democratic strategist Jim Kessler,

281
00:15:00,000 --> 00:15:03,040
Speaker 2: you're vice president of Third Way, joining me today. Thanks

282
00:15:03,040 --> 00:15:05,840
Speaker 2: so much for being here. We want to begin with

283
00:15:05,960 --> 00:15:08,800
Speaker 2: the Supreme Court of Colorado the ruling that Donald Trump

284
00:15:08,920 --> 00:15:11,520
Speaker 2: cannot be on the primary ballot in that state because

285
00:15:11,560 --> 00:15:14,760
Speaker 2: of his action surrounding the January sixth attack on the

286
00:15:14,800 --> 00:15:18,520
Speaker 2: capitol back in twenty twenty one. First, I'm interested in

287
00:15:18,640 --> 00:15:23,360
Speaker 2: each of your reactions to that Supreme Court decision that

288
00:15:23,400 --> 00:15:27,120
Speaker 2: they overturned the trial court's decision. Was that a surprise

289
00:15:27,200 --> 00:15:27,800
Speaker 2: to either of you.

290
00:15:30,440 --> 00:15:33,680
Speaker 6: Well, take a stab at that, Amy, and welcome to

291
00:15:33,720 --> 00:15:34,800
Speaker 6: the show. We love having you.

292
00:15:35,120 --> 00:15:36,200
Speaker 7: What an interesting day.

293
00:15:37,720 --> 00:15:40,960
Speaker 6: I would say that it wasn't a surprise that the

294
00:15:41,000 --> 00:15:42,800
Speaker 6: Supreme Court took it up. I mean, it's a pretty

295
00:15:42,800 --> 00:15:45,880
Speaker 6: weighty issue, and anytime you're debating a constitutional issue like this,

296
00:15:46,360 --> 00:15:51,680
Speaker 6: especially something as hyper sensitive as a presidential election, you're

297
00:15:51,720 --> 00:15:54,720
Speaker 6: going to get the priority. So nobody, I don't think

298
00:15:55,200 --> 00:15:57,840
Speaker 6: in the political world was surprised that they would take

299
00:15:57,880 --> 00:16:00,320
Speaker 6: it up. I think you know they were. I think

300
00:16:00,360 --> 00:16:02,000
Speaker 6: it was a flip of a coin as to whether

301
00:16:02,080 --> 00:16:03,840
Speaker 6: or not they would rule the way they did, because

302
00:16:04,040 --> 00:16:06,520
Speaker 6: you know, four other states have said basically no We're

303
00:16:06,520 --> 00:16:10,440
Speaker 6: not gonna we're not gonna take this moment to uh

304
00:16:10,680 --> 00:16:16,000
Speaker 6: make a decision uh based on the fourteenth Amendment that

305
00:16:16,400 --> 00:16:18,920
Speaker 6: Donald Trump you shouldn't be on a ballot. So this

306
00:16:19,000 --> 00:16:22,160
Speaker 6: is this is a surprise outcome, a close one four

307
00:16:22,160 --> 00:16:26,320
Speaker 6: to three. Uh. And yet I think, uh, we're gonna

308
00:16:26,600 --> 00:16:29,480
Speaker 6: we're gonna probably see that Donald Trump will make better

309
00:16:29,640 --> 00:16:32,440
Speaker 6: use of the propaganda around this. You know, the systems

310
00:16:32,480 --> 00:16:35,680
Speaker 6: against me, these are all Democrats who got put on

311
00:16:35,720 --> 00:16:38,960
Speaker 6: the bench, and and and and he'll make incredibly good

312
00:16:39,040 --> 00:16:42,800
Speaker 6: use of this. Now the media will try to uh

313
00:16:43,080 --> 00:16:45,280
Speaker 6: talk about it as if it's a problem for him,

314
00:16:45,320 --> 00:16:47,480
Speaker 6: But I think we're going to find out that, you know,

315
00:16:47,560 --> 00:16:50,640
Speaker 6: this is another way that Donald Trump turns title on

316
00:16:50,760 --> 00:16:53,680
Speaker 6: us and and we'll make it actually a centerpiece of

317
00:16:53,720 --> 00:16:54,400
Speaker 6: his campaign.

318
00:16:55,040 --> 00:16:59,320
Speaker 8: Jim your thoughts, well, I think Donald Trump will sink

319
00:16:59,400 --> 00:17:02,240
Speaker 8: or swim based on what voters do, not on what courts.

320
00:17:02,320 --> 00:17:07,679
Speaker 8: Do you know. I was I wasn't overly surprised at

321
00:17:07,720 --> 00:17:11,720
Speaker 8: the Colorado decision because a lot of secretary of Secretaries

322
00:17:11,760 --> 00:17:17,960
Speaker 8: of state in many different states are doing legal actions

323
00:17:17,960 --> 00:17:20,760
Speaker 8: to try and prevent Donald Trump from being on the ballot.

324
00:17:21,240 --> 00:17:24,040
Speaker 8: Based on January sixth, and you know, eventually one of

325
00:17:24,119 --> 00:17:27,479
Speaker 8: these cases was going to go through. I expect that

326
00:17:27,520 --> 00:17:31,359
Speaker 8: the Supreme Court will overturn that ruling and Donald Trump

327
00:17:31,400 --> 00:17:36,680
Speaker 8: will be on the ballot in Colorado. I don't think

328
00:17:36,720 --> 00:17:39,399
Speaker 8: this is a clear victory for Donald Trump, although I

329
00:17:39,960 --> 00:17:44,560
Speaker 8: agree with Rick Davis that he'll make hay out of it.

330
00:17:44,600 --> 00:17:47,200
Speaker 8: Is what I think is very possible is the Supreme

331
00:17:47,280 --> 00:17:50,800
Speaker 8: Court will have this ruling in front of it and say,

332
00:17:51,880 --> 00:17:56,560
Speaker 8: look for due process reasons, donald Trump has not been

333
00:17:56,600 --> 00:17:59,960
Speaker 8: found guilty of insurrection. He should stay on the ballot.

334
00:18:00,160 --> 00:18:00,280
Speaker 5: It.

335
00:18:00,920 --> 00:18:03,639
Speaker 8: But there's another case that's heading to the Supreme Court

336
00:18:04,040 --> 00:18:07,960
Speaker 8: that is Jack Smith's case at the federal level and

337
00:18:08,040 --> 00:18:14,080
Speaker 8: whether Trump is immune from prosecution, you know, as as president.

338
00:18:14,520 --> 00:18:17,480
Speaker 8: And it could very easily be a split decision where

339
00:18:17,480 --> 00:18:19,960
Speaker 8: the Supreme Court says Trump can be on the ballot

340
00:18:19,960 --> 00:18:22,760
Speaker 8: in Colorado, but we're also going to rule that he's

341
00:18:23,840 --> 00:18:28,160
Speaker 8: you know, he's not immune from prosecution. So that case

342
00:18:28,200 --> 00:18:31,919
Speaker 8: is actually more serious for Donald Trump for his political future.

343
00:18:33,040 --> 00:18:35,840
Speaker 2: Both of you, gentlemen, agree that Donald Trump is likely

344
00:18:35,880 --> 00:18:39,159
Speaker 2: to make hay of this. But we'll say, Nikki Haley

345
00:18:39,200 --> 00:18:41,479
Speaker 2: make hay of it, or Joe Biden make hay of it.

346
00:18:41,520 --> 00:18:44,840
Speaker 2: Does this move the needle for any of his opponents,

347
00:18:44,840 --> 00:18:46,240
Speaker 2: whether Democrat or Republican.

348
00:18:47,520 --> 00:18:51,200
Speaker 6: Yeah, I'm much more confident amy that Joe Biden is

349
00:18:51,240 --> 00:18:53,720
Speaker 6: going to make better use of this than the Republicans

350
00:18:53,960 --> 00:18:57,040
Speaker 6: running directly against Donald Trump, you know, who are on

351
00:18:57,119 --> 00:19:00,640
Speaker 6: a ballot with him. In two weeks. This has been

352
00:19:00,680 --> 00:19:05,159
Speaker 6: the most docile primary I've ever seen, where, you know,

353
00:19:05,240 --> 00:19:07,040
Speaker 6: Donald Trump has a big lead, and everyone's trying to

354
00:19:07,080 --> 00:19:09,119
Speaker 6: catch up with him, and somehow we're going to try

355
00:19:09,160 --> 00:19:11,920
Speaker 6: and catch up with him by not even talking about him.

356
00:19:11,960 --> 00:19:17,760
Speaker 6: That is really difficult. And so I've been woefully unimpressed

357
00:19:17,840 --> 00:19:21,480
Speaker 6: with the competitiveness of this field from the perspective of

358
00:19:21,520 --> 00:19:24,040
Speaker 6: willing to take on Donald Trump to try and beat

359
00:19:24,080 --> 00:19:26,439
Speaker 6: him in a nomination. If they're trying to get him

360
00:19:26,440 --> 00:19:30,040
Speaker 6: the nomination, I think they're doing a great job, but

361
00:19:30,520 --> 00:19:34,280
Speaker 6: certainly not from that perspective. And it's only been recently

362
00:19:34,960 --> 00:19:37,400
Speaker 6: that Joe Biden has gotten into the act of sort

363
00:19:37,440 --> 00:19:41,080
Speaker 6: of checking Donald Trump. And that's equally baffling to me,

364
00:19:41,280 --> 00:19:44,520
Speaker 6: knowing that it's highly likely for the last six months

365
00:19:44,560 --> 00:19:46,280
Speaker 6: that Donald Trump was going to be the nominee of

366
00:19:46,280 --> 00:19:52,000
Speaker 6: the party and for all intentsive purposes, the Biden campaign

367
00:19:52,040 --> 00:19:55,040
Speaker 6: has been willing to let him consolidate his hold on

368
00:19:55,080 --> 00:19:58,199
Speaker 6: the Republican Party without having any noise coming from the

369
00:19:58,200 --> 00:19:58,720
Speaker 6: White House.

370
00:20:00,040 --> 00:20:02,080
Speaker 2: I'm a question for you. In New York Times Siena

371
00:20:02,119 --> 00:20:05,359
Speaker 2: poll see in a College poll finds nearly a quarter

372
00:20:05,400 --> 00:20:08,080
Speaker 2: of Trump supporters believe that he shouldn't be the GOP

373
00:20:08,200 --> 00:20:11,800
Speaker 2: nominee if he is found guilty of a crime. Does

374
00:20:11,880 --> 00:20:13,080
Speaker 2: that move the needle at all?

375
00:20:15,320 --> 00:20:19,920
Speaker 8: Possibly? I mean, look, I think what these polls show

376
00:20:20,040 --> 00:20:23,760
Speaker 8: is that Donald Trump has a commanding lead, but not

377
00:20:23,840 --> 00:20:27,760
Speaker 8: a stranglehold on the nomination. I do believe that Nikki

378
00:20:27,840 --> 00:20:31,360
Speaker 8: Haley has a shot. A second place finish in Iowa

379
00:20:32,040 --> 00:20:34,879
Speaker 8: might mean a first place finish in New Hampshire. And

380
00:20:34,920 --> 00:20:37,440
Speaker 8: then at that point, I think every media outlet, from

381
00:20:37,520 --> 00:20:41,159
Speaker 8: the Weather Channel to ESPN, the o Cho will be

382
00:20:41,480 --> 00:20:46,040
Speaker 8: wondering if Donald Trump is vulnerable. But you know, this

383
00:20:46,080 --> 00:20:50,719
Speaker 8: goes back to I think an original sin from the

384
00:20:50,760 --> 00:20:55,520
Speaker 8: Republican Party, which was you had the January sixth insurrection,

385
00:20:56,160 --> 00:20:59,119
Speaker 8: and then many Republicans thought, Okay, that's the end of Trump,

386
00:20:59,760 --> 00:21:03,600
Speaker 8: so we let you know, we'll just we'll let him die.

387
00:21:03,960 --> 00:21:08,120
Speaker 8: There and then they all rallied back in support of him.

388
00:21:08,240 --> 00:21:12,600
Speaker 8: So the situation where you know, the court can rule

389
00:21:12,640 --> 00:21:15,879
Speaker 8: in a certain way, you know, and allow Trump on

390
00:21:15,920 --> 00:21:19,040
Speaker 8: the ballot. The reason why that helps Trump is because

391
00:21:19,320 --> 00:21:23,880
Speaker 8: Republicans after January sixth decided to hold back rather than

392
00:21:23,920 --> 00:21:27,119
Speaker 8: to say this was truly a serious crime, he should

393
00:21:27,119 --> 00:21:30,159
Speaker 8: no longer be part of our party. And they're paying

394
00:21:30,200 --> 00:21:32,000
Speaker 8: the price right now.

395
00:21:33,240 --> 00:21:35,480
Speaker 2: And Rick, to you, what stood out to me in

396
00:21:35,520 --> 00:21:38,200
Speaker 2: that poll is that nearly a quarter of Trump supporters

397
00:21:38,200 --> 00:21:40,760
Speaker 2: believe he shouldn't be the nominee. To me, it sounds

398
00:21:40,800 --> 00:21:44,800
Speaker 2: like just a quarter, Like why would his supporters or

399
00:21:44,840 --> 00:21:48,400
Speaker 2: why would the GOP think this is okay to nominate

400
00:21:48,440 --> 00:21:50,359
Speaker 2: someone who may be convicted of a crime.

401
00:21:51,640 --> 00:21:53,720
Speaker 6: Yeah, I think you got to take in a context.

402
00:21:53,760 --> 00:21:58,680
Speaker 6: This is a national survey. Very few states are actually

403
00:21:58,720 --> 00:22:01,960
Speaker 6: well represented the survey where the campaign is actually happening.

404
00:22:02,080 --> 00:22:06,720
Speaker 6: I mean, when you look into where Donald Trump is

405
00:22:06,720 --> 00:22:08,680
Speaker 6: on the ballot, most of these states as polls taken,

406
00:22:08,760 --> 00:22:11,200
Speaker 6: he's at like sixty sixty five percent, right, I mean,

407
00:22:11,280 --> 00:22:14,120
Speaker 6: there really isn't a primary going on in the rest

408
00:22:14,119 --> 00:22:18,119
Speaker 6: of the country. When you then look at places like Iowa,

409
00:22:18,200 --> 00:22:21,159
Speaker 6: New Hampshire, where the campaigns have been going at it

410
00:22:21,240 --> 00:22:24,920
Speaker 6: for the last year. You have a lot more, almost

411
00:22:25,760 --> 00:22:29,520
Speaker 6: a third, if not half, in New Hampshire of Donald

412
00:22:29,520 --> 00:22:32,400
Speaker 6: Trump's ballot support. You know, people who are saying they

413
00:22:32,480 --> 00:22:34,800
Speaker 6: plan to vote for him, who are saying, but they

414
00:22:34,880 --> 00:22:38,159
Speaker 6: look at other options right now, right, So you do

415
00:22:38,359 --> 00:22:41,520
Speaker 6: see echoes of a willingness to move off of Trump,

416
00:22:42,040 --> 00:22:45,679
Speaker 6: especially based on well, if he gets convicted or you know,

417
00:22:45,760 --> 00:22:48,359
Speaker 6: if some of these other things happen, or just in general,

418
00:22:48,400 --> 00:22:50,880
Speaker 6: are you willing to look at other people? And that's

419
00:22:50,920 --> 00:22:54,960
Speaker 6: where the field has their hopes, right that they can

420
00:22:55,040 --> 00:22:57,400
Speaker 6: peel off some of these folks off of the Trump

421
00:22:57,480 --> 00:22:59,960
Speaker 6: ballot in the late hours of the primary in both

422
00:23:00,160 --> 00:23:03,000
Speaker 6: Iowa and New Hampshire to do exactly what Jim Kessler

423
00:23:03,080 --> 00:23:06,439
Speaker 6: talked about in this case, Nikki Haley actually, you know,

424
00:23:06,640 --> 00:23:09,280
Speaker 6: overperforming in Iowa and beating Donald Trump in New Hampshire

425
00:23:09,359 --> 00:23:11,600
Speaker 6: and all of a sudden we're having a completely different

426
00:23:11,640 --> 00:23:15,679
Speaker 6: conversation about Fortress Trump, you know, down in mar A Lago,

427
00:23:15,760 --> 00:23:16,919
Speaker 6: thinking he's unbeatable.

428
00:23:17,880 --> 00:23:20,280
Speaker 2: All right, One more quick question for Jim. If the

429
00:23:20,320 --> 00:23:22,199
Speaker 2: Supreme Court does decide to take this up and it

430
00:23:22,200 --> 00:23:25,040
Speaker 2: looks like they may. Is there going to be a

431
00:23:25,040 --> 00:23:28,280
Speaker 2: more national impact from this ruling? What sort of impact

432
00:23:28,840 --> 00:23:29,920
Speaker 2: do you anticipate.

433
00:23:32,119 --> 00:23:35,800
Speaker 8: I anticipate that the Supreme Court will say that Donald

434
00:23:35,840 --> 00:23:39,720
Speaker 8: Trump should be on the ballot in Colorado. I think

435
00:23:39,760 --> 00:23:43,040
Speaker 8: they will cite due process that he has not been

436
00:23:43,119 --> 00:23:49,040
Speaker 8: convicted of a crime, and the net result will be

437
00:23:50,160 --> 00:23:55,240
Speaker 8: further i'd say, distrust of the Supreme Court in some

438
00:23:55,280 --> 00:23:58,399
Speaker 8: ways and feeling like, well, this is a Trump appointed court.

439
00:23:59,720 --> 00:24:05,280
Speaker 8: But you know, I think that Jack Smith case is

440
00:24:05,400 --> 00:24:08,399
Speaker 8: the one that has more weight here than the Colorado case.

441
00:24:09,760 --> 00:24:12,160
Speaker 8: So we'll see what happens there with the Supreme Court.

442
00:24:14,880 --> 00:24:18,359
Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us

443
00:24:18,400 --> 00:24:21,560
Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the

444
00:24:21,680 --> 00:24:24,760
Speaker 1: iHeartRadio app, and the Bloomberg Business App, or listening on

445
00:24:24,800 --> 00:24:26,720
Speaker 1: demand wherever you get your podcast.

446
00:24:27,960 --> 00:24:30,560
Speaker 9: The top story in politics today very much is that

447
00:24:30,600 --> 00:24:33,960
Speaker 9: court decision out of Colorado, the state Supreme Court ruling

448
00:24:34,200 --> 00:24:37,640
Speaker 9: that former President Donald Trump is ineligible to be president

449
00:24:37,960 --> 00:24:40,280
Speaker 9: because of his actions and what they say was inciting

450
00:24:40,320 --> 00:24:43,520
Speaker 9: insurrection at the capitol on January sixth, twenty twenty one.

451
00:24:43,600 --> 00:24:46,960
Speaker 9: This was a four to three decision the majority, writing quote,

452
00:24:46,960 --> 00:24:50,000
Speaker 9: President Trump did not merely incite the insurrection. Even when

453
00:24:50,040 --> 00:24:53,199
Speaker 9: the siege on the Capitol was fully underway, he continued

454
00:24:53,480 --> 00:24:55,480
Speaker 9: to support it. And what this comes down to in

455
00:24:55,560 --> 00:24:58,960
Speaker 9: terms of the legal question here really is the fourteenth Amendment,

456
00:24:59,359 --> 00:25:01,439
Speaker 9: which says that no one can hold public office who

457
00:25:01,480 --> 00:25:04,439
Speaker 9: has engaged in insurrection or rebellion. And this is actually

458
00:25:04,480 --> 00:25:07,600
Speaker 9: a question that President Biden himself had to address today

459
00:25:07,640 --> 00:25:09,480
Speaker 9: when a reporter asked him about it.

460
00:25:09,560 --> 00:25:12,439
Speaker 10: Here he is, well, I think you start freightening yourself.

461
00:25:12,480 --> 00:25:15,560
Speaker 10: Evident he saw it all know whether the fourteenth nine

462
00:25:15,600 --> 00:25:17,400
Speaker 10: of the five I let the courtinke that decision.

463
00:25:17,840 --> 00:25:19,360
Speaker 8: But he's certainly supported any.

464
00:25:19,200 --> 00:25:25,840
Speaker 10: Insurrection, no question about it, none, zero, And he seems

465
00:25:25,840 --> 00:25:27,440
Speaker 10: to be doubling down about everything.

466
00:25:29,520 --> 00:25:32,080
Speaker 9: Joining me now for more on this is Gregory Cordy,

467
00:25:32,280 --> 00:25:35,920
Speaker 9: who is one of our great politics reporters here at Bloomberg. So, Gregory,

468
00:25:35,960 --> 00:25:38,119
Speaker 9: we just heard the president say it's self evident it

469
00:25:38,160 --> 00:25:42,800
Speaker 9: was insurrection issue? Is President Trump? Former President Trump has

470
00:25:42,800 --> 00:25:45,920
Speaker 9: been charged with many things, insurrection is not one of them,

471
00:25:45,920 --> 00:25:48,840
Speaker 9: and he's been convicted of nothing. So how does this work?

472
00:25:49,280 --> 00:25:52,640
Speaker 7: So the fourteenth Amendment was passed, was adopted by Congress

473
00:25:52,640 --> 00:25:55,600
Speaker 7: and the States and incorporating the Constitution after the Civil War,

474
00:25:55,720 --> 00:26:00,199
Speaker 7: when we had all these Confederate officers returning in to

475
00:26:00,240 --> 00:26:03,480
Speaker 7: the fold, and the idea was that they shouldn't be

476
00:26:03,480 --> 00:26:06,480
Speaker 7: able to hold office, certainly in Congress if they had

477
00:26:06,840 --> 00:26:09,520
Speaker 7: sworn to uphold the Constitution, and then they were traders

478
00:26:09,600 --> 00:26:12,720
Speaker 7: to the Union cause. And so now we're applying that

479
00:26:12,920 --> 00:26:15,560
Speaker 7: one hundred and fifty, one hundred and sixty years later,

480
00:26:15,720 --> 00:26:18,640
Speaker 7: right in an unprecedented case. We've never in all that time,

481
00:26:18,680 --> 00:26:20,439
Speaker 7: we've never gotten this before. And so there's a lot

482
00:26:20,480 --> 00:26:22,639
Speaker 7: of questions, a lot of legal questions here. One is,

483
00:26:23,119 --> 00:26:26,000
Speaker 7: what is the definition of insurrection? How does that apply

484
00:26:26,040 --> 00:26:28,280
Speaker 7: to what happened on January sixth? Can we say that

485
00:26:28,560 --> 00:26:33,399
Speaker 7: President then President Trump engaged in that insurrection on the

486
00:26:33,400 --> 00:26:36,600
Speaker 7: Capitol when he wasn't physically at the Capitol. But also

487
00:26:36,720 --> 00:26:38,359
Speaker 7: does this apply to the office of the President of

488
00:26:38,520 --> 00:26:42,040
Speaker 7: the United States. There's an argument that it doesn't. Who

489
00:26:42,160 --> 00:26:46,240
Speaker 7: enforces it? Right, does Congress enforce it or does the

490
00:26:46,280 --> 00:26:51,080
Speaker 7: Colorado Secretary of State essentially enforce it by determining whether

491
00:26:51,160 --> 00:26:52,639
Speaker 7: or not he can appear on the ballot. And so

492
00:26:52,880 --> 00:26:55,840
Speaker 7: all of these are brand new questions that because they're

493
00:26:55,880 --> 00:26:58,320
Speaker 7: novel questions, the Supreme Court of the United States will

494
00:26:58,320 --> 00:26:59,959
Speaker 7: almost certainly have to take this up.

495
00:27:00,400 --> 00:27:03,639
Speaker 9: Well, the Colorado State Court has stayed this decision until

496
00:27:03,720 --> 00:27:06,639
Speaker 9: January fourth to give Trump that opportunity to appeal it

497
00:27:06,920 --> 00:27:08,480
Speaker 9: to the highest court in the land, and he has

498
00:27:08,520 --> 00:27:11,240
Speaker 9: said he will do so. So it's very, very likely

499
00:27:11,520 --> 00:27:13,520
Speaker 9: that this is going to come down to nine justices,

500
00:27:13,600 --> 00:27:16,800
Speaker 9: three of which Trump appointed. Is the feeling here in

501
00:27:16,920 --> 00:27:19,679
Speaker 9: Washington today essentially that the court, the Supreme Court of

502
00:27:19,720 --> 00:27:22,560
Speaker 9: the United States, is going to overturn the Supreme Court

503
00:27:22,560 --> 00:27:23,160
Speaker 9: of Colorado.

504
00:27:24,359 --> 00:27:27,199
Speaker 7: That's obviously unknown. I mean, if you are I have

505
00:27:27,240 --> 00:27:30,320
Speaker 7: a political mind, you look at the composition of the court.

506
00:27:30,359 --> 00:27:33,159
Speaker 7: It's a super majority for conservatives six to three, and

507
00:27:33,200 --> 00:27:35,880
Speaker 7: as you point out, three of those six were appointed

508
00:27:35,880 --> 00:27:40,320
Speaker 7: by President Trump himself. But also there's a lot of

509
00:27:40,400 --> 00:27:43,040
Speaker 7: legal issues here. And one thing we do know about

510
00:27:43,160 --> 00:27:46,200
Speaker 7: this John Roberts Court is that it likes to decide

511
00:27:46,359 --> 00:27:50,040
Speaker 7: cases on the narrowest possible grounds they can, and so

512
00:27:50,640 --> 00:27:53,040
Speaker 7: they may try to find some procedural grounds. One of

513
00:27:53,119 --> 00:27:55,080
Speaker 7: the issues that came up in the descent in the

514
00:27:55,080 --> 00:27:58,720
Speaker 7: Colorado case was the descending justices pointing out that President

515
00:27:58,760 --> 00:28:01,760
Speaker 7: Trump really didn't have any right to do process here,

516
00:28:01,800 --> 00:28:05,400
Speaker 7: as you point out, he's not criminally charged with insurrection.

517
00:28:05,840 --> 00:28:09,320
Speaker 7: The fourteenth Amendment doesn't say explicitly you have to be

518
00:28:09,359 --> 00:28:13,320
Speaker 7: criminally charged. But there is also due process built in

519
00:28:13,359 --> 00:28:16,760
Speaker 7: the Fourteenth Amendment other sections of the fourteenth Amendment that

520
00:28:17,080 --> 00:28:20,960
Speaker 7: give people the right to be heard, And the question

521
00:28:21,040 --> 00:28:23,440
Speaker 7: is whether or not Trump had an adequate defense here

522
00:28:23,480 --> 00:28:26,320
Speaker 7: in the Colorado case, that could be more narrow grounds

523
00:28:26,359 --> 00:28:30,119
Speaker 7: for the Spree Court to overturn this, but then that

524
00:28:30,160 --> 00:28:35,760
Speaker 7: would open the floodgates for potentially a dozen different mini

525
00:28:35,840 --> 00:28:38,160
Speaker 7: trials over the course of the next election year, as

526
00:28:38,280 --> 00:28:40,280
Speaker 7: different states that are trying to exclude Trump from the

527
00:28:40,320 --> 00:28:43,920
Speaker 7: ballot basically put him on trial for insurrection against the

528
00:28:44,000 --> 00:28:44,600
Speaker 7: United States.

529
00:28:44,640 --> 00:28:46,440
Speaker 9: Well, and with a lot of these crimes that the

530
00:28:46,480 --> 00:28:49,720
Speaker 9: president has been charged with the former president ninety one

531
00:28:49,760 --> 00:28:53,200
Speaker 9: total felony charges across four different criminal cases, all of

532
00:28:53,240 --> 00:28:55,640
Speaker 9: those legal issues to this point have just galvanized his

533
00:28:55,680 --> 00:28:59,080
Speaker 9: base of supporters. Really, this legal issue, though, could actually

534
00:28:59,120 --> 00:29:02,200
Speaker 9: have an impact on attempt to once again be seated

535
00:29:02,240 --> 00:29:04,040
Speaker 9: in the oval office. Right if you're not on the ballot,

536
00:29:04,040 --> 00:29:07,680
Speaker 9: how do you win the presidency if this grows larger

537
00:29:07,680 --> 00:29:08,720
Speaker 9: than it is right now.

538
00:29:09,360 --> 00:29:12,840
Speaker 7: Yeah, and so that's certainly an argument that say Chris Christie,

539
00:29:12,840 --> 00:29:15,680
Speaker 7: the former governor of New Jersey, has been making all along,

540
00:29:15,840 --> 00:29:18,720
Speaker 7: is that Republicans shouldn't be putting all their eggs into

541
00:29:18,760 --> 00:29:21,320
Speaker 7: the Trump basket at this point because we don't know

542
00:29:21,640 --> 00:29:23,840
Speaker 7: what the outcome of those criminal trials will be for

543
00:29:24,080 --> 00:29:27,600
Speaker 7: different criminal trials in four different jurisdictions. But then there's

544
00:29:27,640 --> 00:29:30,840
Speaker 7: also this case of the fourteenth Amendment. And I should

545
00:29:30,920 --> 00:29:33,160
Speaker 7: say that Chris Christy did come out last night and

546
00:29:33,200 --> 00:29:35,760
Speaker 7: say this isn't his preferred way to do it. He

547
00:29:35,800 --> 00:29:40,080
Speaker 7: would prefer to beat Trump on the ballot rather than

548
00:29:40,080 --> 00:29:42,400
Speaker 7: have a court decide whether Trump can compete in the

549
00:29:42,400 --> 00:29:45,560
Speaker 7: first place. But yes, that's certainly been an argument that

550
00:29:46,360 --> 00:29:49,479
Speaker 7: Republicans should begin to look at other options, just because

551
00:29:49,520 --> 00:29:51,880
Speaker 7: there's so many unknowns with Trump and his legal problems

552
00:29:51,880 --> 00:29:52,520
Speaker 7: over the next year.

553
00:29:52,560 --> 00:29:54,440
Speaker 9: And it wasn't just Chris Christie who was saying leave

554
00:29:54,440 --> 00:29:56,440
Speaker 9: it up to the voters, not the courts. Nikki Haley

555
00:29:56,520 --> 00:29:58,000
Speaker 9: said something similar.

556
00:29:57,720 --> 00:29:58,880
Speaker 7: As Rondosantus as well.

557
00:29:58,960 --> 00:30:01,680
Speaker 9: Yeah, all right, Gregory, always wonderful to talk to you,

558
00:30:01,720 --> 00:30:03,200
Speaker 9: thank you so much for joining us, and if you

559
00:30:03,200 --> 00:30:05,840
Speaker 9: have any more questions around the fourteenth Amendment. Gregory does

560
00:30:05,880 --> 00:30:08,240
Speaker 9: have a great quick take piece out today breaking it

561
00:30:08,280 --> 00:30:10,240
Speaker 9: all down, so make sure to check that out. We

562
00:30:10,280 --> 00:30:13,960
Speaker 9: want to get the reaction from Congressman Brian's Style of Wisconsin,

563
00:30:13,960 --> 00:30:16,880
Speaker 9: who we are very lucky to say is joining us now. Congressman,

564
00:30:16,920 --> 00:30:19,000
Speaker 9: obviously it's been a big twenty four hours in the

565
00:30:19,040 --> 00:30:21,920
Speaker 9: legal Trump universe. What is your reaction to the decision

566
00:30:22,200 --> 00:30:23,320
Speaker 9: out of the state of Colorado.

567
00:30:24,440 --> 00:30:27,560
Speaker 11: I think it's actually pretty simple. Voters should deest side elections,

568
00:30:27,600 --> 00:30:30,240
Speaker 11: not judges, and I think people are frustrated when they

569
00:30:30,320 --> 00:30:32,360
Speaker 11: have to listen to all the legal ees debate back

570
00:30:32,440 --> 00:30:35,000
Speaker 11: and forth rather than just simply allowing voters to have

571
00:30:35,120 --> 00:30:37,520
Speaker 11: their say in our upcoming elections.

572
00:30:38,840 --> 00:30:42,200
Speaker 9: So Congressman, that you think the former president has done

573
00:30:42,280 --> 00:30:44,560
Speaker 9: nothing wrong, or just that you think it should be

574
00:30:44,640 --> 00:30:47,440
Speaker 9: voters that dictate whether or not he has done anything wrong.

575
00:30:48,760 --> 00:30:51,520
Speaker 11: The basis of our entire democracy is that voters get

576
00:30:51,560 --> 00:30:54,480
Speaker 11: to choose who their elected representatives are. And when judges

577
00:30:54,600 --> 00:30:57,920
Speaker 11: put themselves in the position of making those decisions rather

578
00:30:57,960 --> 00:31:00,960
Speaker 11: than voters, were moving in the wrong direction. Trust the voters.

579
00:31:01,200 --> 00:31:03,080
Speaker 11: Put the decision in the hands of the voters, and

580
00:31:03,120 --> 00:31:06,520
Speaker 11: I think we're far better off in our democracy.

581
00:31:07,280 --> 00:31:09,440
Speaker 9: Well, and it's voters that aren't just going to have

582
00:31:09,480 --> 00:31:11,160
Speaker 9: to make a decision about who they want to be

583
00:31:11,200 --> 00:31:13,080
Speaker 9: the president of the United States. They're going to be

584
00:31:13,080 --> 00:31:15,840
Speaker 9: making decisions about who they want representing them all over

585
00:31:15,880 --> 00:31:18,640
Speaker 9: the country at all different levels of office. And when

586
00:31:18,680 --> 00:31:22,040
Speaker 9: you have just questions around whether a former president seen

587
00:31:22,080 --> 00:31:25,200
Speaker 9: as the leader of the Republican Party inside in an insurrection,

588
00:31:25,280 --> 00:31:28,160
Speaker 9: whether he's even eligible to hold office, let alone all

589
00:31:28,200 --> 00:31:32,080
Speaker 9: of the other rhetoric we have heard debated repeatedly over

590
00:31:32,120 --> 00:31:34,040
Speaker 9: the course of the last several days. What does it

591
00:31:34,120 --> 00:31:36,000
Speaker 9: mean more broadly for your party.

592
00:31:37,360 --> 00:31:39,520
Speaker 11: I think people are just simply frustrated with the fact

593
00:31:39,520 --> 00:31:42,520
Speaker 11: that there's individuals that want to have their say override

594
00:31:42,520 --> 00:31:44,440
Speaker 11: the will of the voters. I think people just want

595
00:31:44,440 --> 00:31:47,640
Speaker 11: to simply go through this primary process, go through the

596
00:31:47,640 --> 00:31:50,680
Speaker 11: presidential electional at the voters make the decision as to

597
00:31:50,680 --> 00:31:52,640
Speaker 11: who the next president of the United States is. Right now,

598
00:31:52,640 --> 00:31:55,200
Speaker 11: President Biden is in my home state of Wisconsin with

599
00:31:55,280 --> 00:31:59,160
Speaker 11: me here. He's in Milwaukee touting Biden nomics. We should

600
00:31:59,200 --> 00:32:01,960
Speaker 11: be talking about the economic policies, in my opinion, the

601
00:32:02,040 --> 00:32:06,160
Speaker 11: failed economic policies of this administration. Rather than allowing our

602
00:32:06,280 --> 00:32:09,240
Speaker 11: entire conversation to be gobbled up by legal lease, let

603
00:32:09,280 --> 00:32:11,960
Speaker 11: the voter speak. Let's actually talk about the issues that

604
00:32:12,080 --> 00:32:14,600
Speaker 11: Americans are facing right now. And we're facing a lot

605
00:32:14,640 --> 00:32:17,280
Speaker 11: of significant issues in this country that need to be addressed.

606
00:32:18,240 --> 00:32:20,440
Speaker 9: All right, Well, Congressman, since you brought it up. President

607
00:32:20,520 --> 00:32:23,240
Speaker 9: Biden has just wrapped up his remarks in Milwaukee, who

608
00:32:23,280 --> 00:32:26,719
Speaker 9: was addressing the Black Chamber of Commerce. You just were

609
00:32:26,760 --> 00:32:29,720
Speaker 9: talking about Bidenomics and how it failed. I was taking

610
00:32:29,720 --> 00:32:32,400
Speaker 9: a look at some numbers before the show. According to

611
00:32:32,440 --> 00:32:35,080
Speaker 9: the latest figures we have from the Bureau of Labor Statistics,

612
00:32:35,080 --> 00:32:38,120
Speaker 9: the unemployment rates in Wisconsin is lower than the national

613
00:32:38,160 --> 00:32:40,760
Speaker 9: average three point two percent. According to Triple A, the

614
00:32:40,800 --> 00:32:43,440
Speaker 9: average price of a gallon of gas is two seventy six.

615
00:32:43,800 --> 00:32:46,240
Speaker 9: That's down more than two dollars from the high in

616
00:32:46,320 --> 00:32:49,120
Speaker 9: June of last year. Inflation, as we know, has come

617
00:32:49,160 --> 00:32:51,000
Speaker 9: down more broadly, So what's wrong with that?

618
00:32:52,440 --> 00:32:54,200
Speaker 11: Simply go to any grocery store in the state of

619
00:32:54,240 --> 00:32:56,600
Speaker 11: Wisconsin with me, and let's talk to the customers as

620
00:32:56,600 --> 00:32:59,719
Speaker 11: they're checking out. Recognizing that their grocery bill is up

621
00:32:59,720 --> 00:33:02,760
Speaker 11: to twenty twenty percent since President Biden took office, and

622
00:33:02,800 --> 00:33:06,520
Speaker 11: everything they're purchasing is up seventeen percent. Wage growth going

623
00:33:06,560 --> 00:33:10,160
Speaker 11: into the pandemic was robust and across the board, people

624
00:33:10,160 --> 00:33:12,640
Speaker 11: were moving ahead in their lives. Now as we came

625
00:33:12,680 --> 00:33:15,240
Speaker 11: out of the pandemic, what we've seen is stagnant or

626
00:33:15,320 --> 00:33:20,280
Speaker 11: falling wage growth. Is inflation has outpaced wages. In many cases,

627
00:33:20,560 --> 00:33:23,360
Speaker 11: families can't afford the things that they need. People are frustrated,

628
00:33:23,400 --> 00:33:25,760
Speaker 11: and it's the economic policies of the Biden administration that

629
00:33:25,800 --> 00:33:28,680
Speaker 11: has brought us here. Everything from his war on energy

630
00:33:28,720 --> 00:33:31,640
Speaker 11: on day one, beginning with the killing of the Keystone

631
00:33:31,760 --> 00:33:36,280
Speaker 11: XLE pipeline, and continuing on is the president's policies of

632
00:33:36,320 --> 00:33:39,320
Speaker 11: paying people not to work after the pandemic, massive multi

633
00:33:39,320 --> 00:33:42,600
Speaker 11: trillion dollar spending bills that drove inflation. And the end

634
00:33:42,640 --> 00:33:45,000
Speaker 11: result is if you speak to people here in Wisconsin,

635
00:33:45,280 --> 00:33:48,160
Speaker 11: regular folks on the street, they're getting clabbered by Bidenomics

636
00:33:48,160 --> 00:33:49,920
Speaker 11: and they want to see Washington change course.

637
00:33:50,080 --> 00:33:50,960
Speaker 5: And I agree with them.

638
00:33:52,560 --> 00:33:55,160
Speaker 9: So when you say Washington changed course, can we talk

639
00:33:55,160 --> 00:33:58,400
Speaker 9: about what specific policies is This mostly on the tax

640
00:33:58,480 --> 00:34:01,400
Speaker 9: side of the equation. No, that this administration also has

641
00:34:01,440 --> 00:34:05,600
Speaker 9: made a lot of investment into infrastructure with bipartisan support,

642
00:34:05,640 --> 00:34:08,560
Speaker 9: as well investments in cleaner energy that are at the

643
00:34:08,640 --> 00:34:11,840
Speaker 9: end of the day, argued to reduce these inflationary pressures.

644
00:34:11,880 --> 00:34:13,319
Speaker 9: What is it that needs to be done that isn't

645
00:34:13,360 --> 00:34:14,240
Speaker 9: being done right now?

646
00:34:15,480 --> 00:34:18,719
Speaker 11: A lot of spending decisions are about prioritization. So it's

647
00:34:18,760 --> 00:34:20,319
Speaker 11: just like your family budget. There's a lot of things

648
00:34:20,360 --> 00:34:21,520
Speaker 11: you'd like to spend down, but at the end of

649
00:34:21,560 --> 00:34:23,120
Speaker 11: the day, you come to the table and sit down

650
00:34:23,400 --> 00:34:27,040
Speaker 11: and identify what your priorities are. Washington continues to fail

651
00:34:27,200 --> 00:34:29,399
Speaker 11: to do that, and in particular, in the first two

652
00:34:29,440 --> 00:34:32,600
Speaker 11: years the Biden administration under Democratic one party control, what

653
00:34:32,640 --> 00:34:36,279
Speaker 11: we saw was massive spending bills where everything including the

654
00:34:36,320 --> 00:34:39,680
Speaker 11: kitchen sink, got into those bills, and those that vast

655
00:34:39,760 --> 00:34:43,759
Speaker 11: amount of new federal government spending in large part drove

656
00:34:43,800 --> 00:34:46,279
Speaker 11: the inflation that clobbered people on the back end. And

657
00:34:46,280 --> 00:34:49,720
Speaker 11: when you recognize that family budgets are stretched in large

658
00:34:49,719 --> 00:34:52,799
Speaker 11: part because of seventeen percent of cumulative inflation since the

659
00:34:52,800 --> 00:34:55,640
Speaker 11: president came to office, explains a lot of the frustration.

660
00:34:55,760 --> 00:34:57,680
Speaker 11: But it carries over into other areas. We could look

661
00:34:57,680 --> 00:35:00,680
Speaker 11: at the median mortgage in the United States America went

662
00:35:00,719 --> 00:35:04,680
Speaker 11: from two hundred dollars a month to four hundred dollars

663
00:35:04,680 --> 00:35:07,160
Speaker 11: a month, doubling over the course of the last three years.

664
00:35:07,160 --> 00:35:09,239
Speaker 11: So to come and speak to a young couple here

665
00:35:09,680 --> 00:35:12,359
Speaker 11: in James Lil, Wisconsin who's trying to move into their

666
00:35:12,360 --> 00:35:14,480
Speaker 11: first home, trying to go from paying the rent to

667
00:35:14,520 --> 00:35:16,880
Speaker 11: paying a mortgage, it just got a whole heck of

668
00:35:16,920 --> 00:35:20,359
Speaker 11: a lot harder. And so getting inflation control to allow

669
00:35:20,400 --> 00:35:23,479
Speaker 11: the Federal Reserve to bring the interest rates back down

670
00:35:23,800 --> 00:35:25,600
Speaker 11: is going to have a huge impact. You can't do

671
00:35:25,719 --> 00:35:28,759
Speaker 11: that if you continue the inflationary policies that we've seen

672
00:35:28,800 --> 00:35:29,719
Speaker 11: from this administration.

673
00:35:31,080 --> 00:35:33,400
Speaker 9: Just on the subject, Congressman of the FED bringing interest

674
00:35:33,480 --> 00:35:36,359
Speaker 9: rates back down, how hard do you think the Fed

675
00:35:36,360 --> 00:35:39,080
Speaker 9: should be cutting knowing you're on the Financial Services Committee,

676
00:35:39,280 --> 00:35:39,879
Speaker 9: and how soon?

677
00:35:41,360 --> 00:35:43,880
Speaker 11: Well, ultimately that's going to be a decision for the

678
00:35:43,880 --> 00:35:45,960
Speaker 11: Federal Reserve. I'm not going to supplant the FED and

679
00:35:45,960 --> 00:35:49,000
Speaker 11: their decision making process, but as policy makers, we should

680
00:35:49,000 --> 00:35:51,760
Speaker 11: be working on policies that assist the FED to bring

681
00:35:51,800 --> 00:35:54,160
Speaker 11: inflation down. There's a lot of Congress could be doing that,

682
00:35:54,239 --> 00:35:56,680
Speaker 11: it hasn't. In particular, as we look at the War

683
00:35:56,719 --> 00:35:59,239
Speaker 11: on Energy and the impact that energy has had on

684
00:35:59,320 --> 00:36:02,600
Speaker 11: driving inflation higher, we should be working to increase the

685
00:36:02,640 --> 00:36:06,080
Speaker 11: domestic supply of energy here in the United States. Coming

686
00:36:06,080 --> 00:36:09,000
Speaker 11: out of the pandemic, this administration was literally paying people

687
00:36:09,400 --> 00:36:11,399
Speaker 11: not to work. The key there is to get more

688
00:36:11,440 --> 00:36:14,799
Speaker 11: people into the workforce and assisting them and gaining the

689
00:36:14,800 --> 00:36:16,920
Speaker 11: skills they need to prepare them for the jobs of

690
00:36:16,920 --> 00:36:20,440
Speaker 11: the future. If we were focused in Congress on economic

691
00:36:20,680 --> 00:36:23,919
Speaker 11: growing opportunities that would bring inflation down, it would allow

692
00:36:23,960 --> 00:36:26,200
Speaker 11: the Federal Reserve to be able to bring that rate

693
00:36:26,280 --> 00:36:26,840
Speaker 11: down faster.

694
00:36:28,560 --> 00:36:30,920
Speaker 9: It's just worth noting, because you've referenced the War on

695
00:36:31,040 --> 00:36:33,320
Speaker 9: Energy a few times here, that we got shale figures

696
00:36:33,320 --> 00:36:36,160
Speaker 9: out just a few days ago. US production of oil

697
00:36:36,239 --> 00:36:38,680
Speaker 9: is actually at a record right now. But because you

698
00:36:38,719 --> 00:36:40,600
Speaker 9: were just talking about the work Congress needs to do,

699
00:36:40,719 --> 00:36:43,279
Speaker 9: obviously you're now at home. The Senate's heading out of

700
00:36:43,280 --> 00:36:45,760
Speaker 9: town today. We have wrapped up the year of twenty

701
00:36:45,800 --> 00:36:48,800
Speaker 9: twenty three, and we don't have top line appropriations figures.

702
00:36:48,840 --> 00:36:50,800
Speaker 9: We don't have a deal when it comes to border

703
00:36:50,840 --> 00:36:53,960
Speaker 9: security and Ukraine funding Congressman, how much are you dreading

704
00:36:54,000 --> 00:36:56,480
Speaker 9: returning to all the work Congress has to get done

705
00:36:56,520 --> 00:36:57,200
Speaker 9: in January.

706
00:36:58,320 --> 00:36:59,880
Speaker 11: Well, let me go on record and saying I was

707
00:37:00,000 --> 00:37:02,840
Speaker 11: disappointed that we all left Washington, DC. We should have

708
00:37:02,920 --> 00:37:05,399
Speaker 11: kept Congress in place to get that work done. It's

709
00:37:05,440 --> 00:37:08,719
Speaker 11: far too important to take the break that Congress is doing.

710
00:37:08,840 --> 00:37:10,799
Speaker 11: That said, when we come back, we have a ton

711
00:37:10,840 --> 00:37:12,080
Speaker 11: of really important issues.

712
00:37:12,120 --> 00:37:13,240
Speaker 8: Probably number one.

713
00:37:13,160 --> 00:37:15,680
Speaker 11: On that list is, as you noted, the top line

714
00:37:15,760 --> 00:37:19,120
Speaker 11: number for appropriations is still not agreed to. That makes

715
00:37:19,120 --> 00:37:21,440
Speaker 11: me more and more concerned every day as we head

716
00:37:21,520 --> 00:37:25,480
Speaker 11: towards the next potential lapse in funding in mid January.

717
00:37:25,520 --> 00:37:27,800
Speaker 11: And so we got to get our act together. Congress

718
00:37:27,840 --> 00:37:30,480
Speaker 11: has been abysmal this year working with the President to

719
00:37:30,480 --> 00:37:33,680
Speaker 11: get things done. I remain probably as frustrated as anybody,

720
00:37:33,680 --> 00:37:35,879
Speaker 11: and we have some huge topics on the table when

721
00:37:35,920 --> 00:37:37,080
Speaker 11: we return in the new year.

722
00:37:38,320 --> 00:37:41,120
Speaker 9: When we think about those top line appropriations figures, would

723
00:37:41,160 --> 00:37:44,760
Speaker 9: you be encouraging Speaker Johnson and Republican leadership to stick

724
00:37:44,800 --> 00:37:47,279
Speaker 9: to what was agreed to in the debt ceiling deal

725
00:37:48,040 --> 00:37:50,560
Speaker 9: midway through this year? Are those the numbers we should

726
00:37:50,560 --> 00:37:51,319
Speaker 9: be working with here?

727
00:37:52,560 --> 00:37:56,480
Speaker 11: Well, why we're having this difficult debate after we passed

728
00:37:56,520 --> 00:37:59,080
Speaker 11: the legislation that said here are the top line numbers,

729
00:37:59,080 --> 00:38:01,920
Speaker 11: and now we have centered Chuck Schumer trying to increase

730
00:38:02,000 --> 00:38:05,560
Speaker 11: that number unilaterally is beyond frustrating. And so the fact

731
00:38:05,600 --> 00:38:08,880
Speaker 11: that we reached an agreement across the board by cameral

732
00:38:08,960 --> 00:38:12,560
Speaker 11: bipartisan deal to say here are the top line numbers

733
00:38:12,560 --> 00:38:15,640
Speaker 11: to actually get spending under control, and then we're allowing

734
00:38:15,680 --> 00:38:18,320
Speaker 11: Chuck Schumer to hold us all hostage as he tries

735
00:38:18,400 --> 00:38:23,080
Speaker 11: to rework that negotiated deal and increase total spending is frustrating.

736
00:38:23,120 --> 00:38:25,759
Speaker 11: The Appropriations Committee has a ton of work to do

737
00:38:26,120 --> 00:38:29,239
Speaker 11: between now and our opportunity to pass that legislation on

738
00:38:29,280 --> 00:38:31,200
Speaker 11: the House floor. I'm concerned we're going to be in

739
00:38:31,239 --> 00:38:33,279
Speaker 11: a position at either a kick the can down the

740
00:38:33,320 --> 00:38:35,720
Speaker 11: road or a worst case scenario where we would allow

741
00:38:35,760 --> 00:38:37,480
Speaker 11: government funding to actually lapse.

742
00:38:39,239 --> 00:38:41,640
Speaker 9: So there's the shutdown question. There also is the question

743
00:38:41,719 --> 00:38:44,759
Speaker 9: around supplemental funding. And we have about a minute left. Congressman,

744
00:38:44,840 --> 00:38:46,919
Speaker 9: how confident are you that a deal can be made

745
00:38:47,400 --> 00:38:50,439
Speaker 9: on the border and is the House willing to give

746
00:38:50,560 --> 00:38:53,160
Speaker 9: the White House a win potentially on border security.

747
00:38:54,440 --> 00:38:56,040
Speaker 11: I think the focus is let's get a win for

748
00:38:56,040 --> 00:38:58,640
Speaker 11: the American people. The border needs to be secure. We

749
00:38:58,680 --> 00:39:01,480
Speaker 11: have an opportunity to do that. The House past comprehensive

750
00:39:01,719 --> 00:39:05,160
Speaker 11: Border Security legislation in HR two. The Senate has yet

751
00:39:05,200 --> 00:39:06,640
Speaker 11: to take it up. I think we have a big

752
00:39:06,680 --> 00:39:11,160
Speaker 11: opportunity here to leverage potential supplemental funding to actually get

753
00:39:11,160 --> 00:39:13,640
Speaker 11: the border secure. I'm less concerned about who gets the win,

754
00:39:13,920 --> 00:39:16,080
Speaker 11: other than making sure the American people win and the

755
00:39:16,120 --> 00:39:19,720
Speaker 11: American people win if we truly secure the US Mexico border.

756
00:39:21,280 --> 00:39:23,319
Speaker 9: All right, Congressman, always great to talk to you. Thank

757
00:39:23,360 --> 00:39:25,000
Speaker 9: you very much for joining us, and if we don't

758
00:39:25,000 --> 00:39:27,359
Speaker 9: see you beforehand, happy holidays to you in a very

759
00:39:27,400 --> 00:39:29,319
Speaker 9: happy new year. We'll look forward to having you back

760
00:39:29,600 --> 00:39:32,480
Speaker 9: in twenty twenty four. That's Congressman Brian Style, the Republican

761
00:39:32,520 --> 00:39:35,920
Speaker 9: from Wisconsin and chair of the House Administration Committee. And

762
00:39:35,960 --> 00:39:39,279
Speaker 9: as I mentioned, also on financial services.

763
00:39:41,600 --> 00:39:44,960
Speaker 1: You're listening to The Bloomberg Sound on podcast. Catch the

764
00:39:45,000 --> 00:39:48,880
Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the

765
00:39:48,960 --> 00:39:52,280
Speaker 1: tune in alf, Bloomberg dot Com, and the Bloomberg Business App.

766
00:39:52,400 --> 00:39:55,279
Speaker 1: You can also listen live on Amazon Alexa from our

767
00:39:55,280 --> 00:39:59,760
Speaker 1: flagship New York station. Just say Alexa Play Bloomberg eleven thirty.

768
00:40:01,600 --> 00:40:05,080
Speaker 9: I'm Kaylee Lyons in for Joe Matthew today and yes,

769
00:40:05,200 --> 00:40:07,640
Speaker 9: we call this the fastest show in politics, and headlines

770
00:40:07,680 --> 00:40:11,279
Speaker 9: certainly are flying fast today. We just got news from

771
00:40:11,360 --> 00:40:14,840
Speaker 9: former President Trump and the Supreme Court. The former president

772
00:40:14,920 --> 00:40:18,279
Speaker 9: saying the US Supreme Court should hold off on intervening

773
00:40:18,320 --> 00:40:21,000
Speaker 9: in the federal criminal case against him over his efforts

774
00:40:21,000 --> 00:40:25,560
Speaker 9: to overturn the twenty twenty presidential election. Remember, Jack Smith

775
00:40:25,640 --> 00:40:28,280
Speaker 9: is the Special Council who brought these charges against trumb

776
00:40:28,360 --> 00:40:30,799
Speaker 9: here in Washington. He has asked the Supreme Court to

777
00:40:30,880 --> 00:40:35,040
Speaker 9: weigh in fast track consideration on the former president's claim

778
00:40:35,120 --> 00:40:38,560
Speaker 9: of immunity from prosecution. But former President Trump and his

779
00:40:38,640 --> 00:40:42,040
Speaker 9: legal team today are saying the court should not do so.

780
00:40:42,080 --> 00:40:45,200
Speaker 9: His lawyer's arguing the Special Council has identified no compelling

781
00:40:45,239 --> 00:40:48,560
Speaker 9: reason for the extraordinary haste he proposes, They say in

782
00:40:48,600 --> 00:40:51,759
Speaker 9: they're filing the only injury the Special Council asserts in

783
00:40:51,840 --> 00:40:55,560
Speaker 9: this appeal, possible delay of the trial date, remembering he's

784
00:40:55,600 --> 00:40:58,239
Speaker 9: trying to take this to trial in March, even if

785
00:40:58,239 --> 00:41:00,680
Speaker 9: it is cognizable at all, is not caused by the

786
00:41:00,719 --> 00:41:04,600
Speaker 9: District Court's decision in the prosecution's favor on all issues.

787
00:41:04,880 --> 00:41:07,239
Speaker 9: Let's bring in a real expert on this now to

788
00:41:07,280 --> 00:41:09,760
Speaker 9: help break down what this means for this case. Lawrence

789
00:41:09,800 --> 00:41:12,000
Speaker 9: Tribe is joining us. He is the Karl M. Lobe

790
00:41:12,120 --> 00:41:16,560
Speaker 9: University Professor of Constitutional Law Emeritus at Harvard University. He's

791
00:41:16,600 --> 00:41:21,560
Speaker 9: also served as lead counsel in three dozen Supreme Court cases. So, Professor,

792
00:41:21,600 --> 00:41:24,759
Speaker 9: thank you very much for being with us here. Are

793
00:41:24,760 --> 00:41:28,080
Speaker 9: you surprised that the former president is asking the court

794
00:41:28,160 --> 00:41:30,240
Speaker 9: not to weigh in on this in an expeditious manner?

795
00:41:31,640 --> 00:41:37,000
Speaker 12: Well, I'm not surprised, Kaylee, because that's his go to strategy, delay, delay, delay,

796
00:41:38,160 --> 00:41:42,759
Speaker 12: But he is contradicting himself. Usually, when you have an

797
00:41:42,880 --> 00:41:48,160
Speaker 12: argument about what's wrong with a criminal prosecution, you wait

798
00:41:48,200 --> 00:41:50,440
Speaker 12: to see if you're convicted, and then you have an appeal.

799
00:41:50,480 --> 00:41:53,439
Speaker 12: In fact, that's usually the only time you can raise

800
00:41:53,480 --> 00:42:00,760
Speaker 12: an issue. Here, the president former president called him president

801
00:42:00,760 --> 00:42:03,560
Speaker 12: because that's what he insists on calling himself. But here

802
00:42:03,600 --> 00:42:06,839
Speaker 12: the former president is the one who said, hurry up.

803
00:42:08,000 --> 00:42:12,840
Speaker 12: Every minute that this indictment hangs over my head, claiming

804
00:42:13,000 --> 00:42:17,640
Speaker 12: that I tried to seize power after losing an election,

805
00:42:17,800 --> 00:42:20,600
Speaker 12: every minute that I am accused of the crime of

806
00:42:20,680 --> 00:42:25,000
Speaker 12: obstructing Congress. Is a minute that I am irreparably harmed.

807
00:42:25,080 --> 00:42:28,680
Speaker 12: I'm entitled to go up and get a court to

808
00:42:28,760 --> 00:42:34,960
Speaker 12: decide right now that Tanya Chuckkin is wrong in putting

809
00:42:34,960 --> 00:42:38,640
Speaker 12: me on trial because as a former president, I should

810
00:42:38,719 --> 00:42:41,360
Speaker 12: never be on trial for anything I did. And besides

811
00:42:41,400 --> 00:42:46,040
Speaker 12: this double jeopardy since I wasn't convicted by the Senate.

812
00:42:47,080 --> 00:42:50,640
Speaker 12: They're very weak arguments, but normally you would wait. In

813
00:42:50,680 --> 00:42:54,760
Speaker 12: his case, he says, don't wait, rush, rush, hurry, consider

814
00:42:54,800 --> 00:42:58,720
Speaker 12: it now. Oh you want to really hurry rush? Oh,

815
00:42:58,760 --> 00:43:02,200
Speaker 12: I take it back, slow it down. That's ridiculous. He

816
00:43:02,239 --> 00:43:05,080
Speaker 12: can't have it both ways. If he has a right

817
00:43:05,160 --> 00:43:10,319
Speaker 12: and he does have this appeal considered immediately, then the

818
00:43:10,360 --> 00:43:14,000
Speaker 12: government has the right to step on the gas and

819
00:43:14,040 --> 00:43:17,520
Speaker 12: not the breaks and have it considered really immediately. Why

820
00:43:17,560 --> 00:43:20,160
Speaker 12: wait to see what the Court of Appeals says? These

821
00:43:20,160 --> 00:43:23,200
Speaker 12: are purely legal questions. The Court of Appeals has no

822
00:43:23,320 --> 00:43:26,080
Speaker 12: special expertise. Whatever it says is going to be subject

823
00:43:26,440 --> 00:43:29,440
Speaker 12: to review by the US Supreme Court. Anyway, there's no

824
00:43:29,480 --> 00:43:32,640
Speaker 12: reason to wait. His own arguments are the reason not

825
00:43:32,760 --> 00:43:35,239
Speaker 12: to wait. And of course it's hugely important that it

826
00:43:35,320 --> 00:43:38,319
Speaker 12: be decided so that voters know when they're going to

827
00:43:38,360 --> 00:43:41,759
Speaker 12: the polls whether they're voting for a convicted felon or

828
00:43:41,800 --> 00:43:45,919
Speaker 12: for someone who was wrongly accused. There's a huge overwhelming

829
00:43:46,000 --> 00:43:50,240
Speaker 12: national interest in resolving that question before the election, indeed,

830
00:43:50,280 --> 00:43:51,640
Speaker 12: before the Republican Convention.

831
00:43:53,680 --> 00:43:55,640
Speaker 9: So, Lawrence, if all of this comes down to timing

832
00:43:55,680 --> 00:43:59,200
Speaker 9: and understanding, you think these are contradictory arguments here that

833
00:43:59,239 --> 00:44:01,640
Speaker 9: the former president and his legal team are making. What

834
00:44:01,640 --> 00:44:04,040
Speaker 9: do you make of their argument that, essentially the special

835
00:44:04,080 --> 00:44:08,120
Speaker 9: counsel's desertion that the injury is possible delay of the

836
00:44:08,120 --> 00:44:11,840
Speaker 9: trial date is not adequate enough injury when he's seeking

837
00:44:11,840 --> 00:44:14,480
Speaker 9: a trial date that is just less than three months away.

838
00:44:14,520 --> 00:44:17,440
Speaker 9: March fourth is when Jack Smith would like it to begin.

839
00:44:18,520 --> 00:44:21,000
Speaker 9: What do you make of that argument in particular? And also,

840
00:44:21,080 --> 00:44:24,120
Speaker 9: do you think a March trial is realistic? Knowing as

841
00:44:24,160 --> 00:44:26,760
Speaker 9: you said, that the former president in his legal camp

842
00:44:26,920 --> 00:44:28,840
Speaker 9: tend to delay in every way they can.

843
00:44:30,320 --> 00:44:35,880
Speaker 12: Well, it's realistic if his attempts to delay are turned down,

844
00:44:35,960 --> 00:44:38,280
Speaker 12: and in this case there is no basis for delay.

845
00:44:38,880 --> 00:44:41,880
Speaker 12: He says, there's no good reason for the trial to

846
00:44:41,920 --> 00:44:46,239
Speaker 12: occur in March. Why not hold it after the election. Well,

847
00:44:46,280 --> 00:44:50,200
Speaker 12: we know that that's ridiculous. People then won't know whether

848
00:44:50,200 --> 00:44:53,799
Speaker 12: they're voting for a convicted criminal or not. And if

849
00:44:53,800 --> 00:44:58,239
Speaker 12: he happens to win, for managers to act as though

850
00:44:58,280 --> 00:45:00,760
Speaker 12: he has won the election, and we know the first

851
00:45:00,800 --> 00:45:04,560
Speaker 12: thing he does after he is born in is get

852
00:45:04,640 --> 00:45:08,759
Speaker 12: rid of this prosecution, fire the attorney general who brought it,

853
00:45:08,960 --> 00:45:13,120
Speaker 12: pardon himself. So it's overwhelmingly important if people are to

854
00:45:13,160 --> 00:45:16,160
Speaker 12: be accountable under the law, if no one is above

855
00:45:16,239 --> 00:45:19,400
Speaker 12: the law, that people not be able to delay a

856
00:45:19,480 --> 00:45:23,520
Speaker 12: trial until it's too late to have a trial, the

857
00:45:23,560 --> 00:45:24,200
Speaker 12: old thing.

858
00:45:24,400 --> 00:45:27,800
Speaker 9: So lawrence on that point of no one being above

859
00:45:27,840 --> 00:45:30,080
Speaker 9: the law. Really, the root of this question is whether

860
00:45:30,160 --> 00:45:32,319
Speaker 9: or not a former president of the United States can

861
00:45:33,280 --> 00:45:37,200
Speaker 9: be prosecuted. So in your legal opinion, the answer is yes,

862
00:45:37,400 --> 00:45:38,839
Speaker 9: just as any other citizen can.

863
00:45:39,640 --> 00:45:42,640
Speaker 12: Absolutely, and I expect the US Supreme Court to agree

864
00:45:42,680 --> 00:45:46,720
Speaker 12: as well. Otherwise, a sitting president can just shoot someone

865
00:45:46,760 --> 00:45:50,000
Speaker 12: on Fifth Avenue, maybe a familiar example, and as long

866
00:45:50,040 --> 00:45:51,919
Speaker 12: as he does it, well he's president. He can never

867
00:45:51,960 --> 00:45:56,279
Speaker 12: reprosecute it. That can't be the law. And if he says, oh, well,

868
00:45:56,320 --> 00:46:00,040
Speaker 12: but this wasn't shooting someone. It was just trying to

869
00:46:00,280 --> 00:46:03,080
Speaker 12: hold on to power. That's also not part of the

870
00:46:03,120 --> 00:46:07,239
Speaker 12: president's job. So it's absolutely crucial if we're going to

871
00:46:07,280 --> 00:46:09,640
Speaker 12: have a democracy and the rule of law, that he

872
00:46:09,840 --> 00:46:13,960
Speaker 12: beheld accountable, that anyone be held accountable. And as I

873
00:46:14,000 --> 00:46:19,400
Speaker 12: was earlier saying, justice delayed, is really justice denied in

874
00:46:19,480 --> 00:46:22,600
Speaker 12: this case, whether you think he's guilty or innocent, We're

875
00:46:22,760 --> 00:46:25,480
Speaker 12: entitled to have the answer from a jury of his

876
00:46:25,640 --> 00:46:29,080
Speaker 12: peers in a trial that begins on schedule on March

877
00:46:29,160 --> 00:46:33,800
Speaker 12: fourth or soon thereafter, and that requires us Okay, soupe.

878
00:46:33,840 --> 00:46:37,360
Speaker 9: This so what you're describing though, in terms of the

879
00:46:37,440 --> 00:46:40,960
Speaker 9: rule of law, of law, a jury of Pierre's actual

880
00:46:41,000 --> 00:46:44,520
Speaker 9: conviction or not. This is due process, right, this is

881
00:46:44,520 --> 00:46:46,560
Speaker 9: how the system works. So i'd like to get your

882
00:46:46,600 --> 00:46:49,040
Speaker 9: thoughts on another matter very much in the news today,

883
00:46:49,080 --> 00:46:52,839
Speaker 9: the Supreme Court of Colorado ruling that former President Trump

884
00:46:52,880 --> 00:46:55,120
Speaker 9: should be removed from the ballot in that state because

885
00:46:55,120 --> 00:46:58,640
Speaker 9: he incited the insurrection at the capitol on January sixth,

886
00:46:58,680 --> 00:47:01,520
Speaker 9: twenty twenty one, and in doing so violated the fourteenth

887
00:47:01,520 --> 00:47:04,920
Speaker 9: Amendment of the Constitution. What do you think of that ruling?

888
00:47:05,000 --> 00:47:08,040
Speaker 9: Knowing he hasn't even been charged with insurrection, let alone

889
00:47:08,080 --> 00:47:10,160
Speaker 9: convicted of any federal crime.

890
00:47:11,960 --> 00:47:15,400
Speaker 12: Whether you're charged or convicted has everything to do with

891
00:47:15,480 --> 00:47:17,759
Speaker 12: whether you should go to jail. It has nothing to

892
00:47:17,800 --> 00:47:21,240
Speaker 12: do with whether you're disqualified. The whole point of putting

893
00:47:21,239 --> 00:47:26,320
Speaker 12: in this democracy protecting provision in the Fourteenth Amendment after

894
00:47:26,360 --> 00:47:31,040
Speaker 12: the Civil War was that people who are found in

895
00:47:31,080 --> 00:47:36,200
Speaker 12: a fair proceeding, and the week long trial that Colorado

896
00:47:36,320 --> 00:47:40,360
Speaker 12: held in this case was very fair proceeding. The president

897
00:47:40,400 --> 00:47:43,960
Speaker 12: had every opportunity to put in evidence. If you're found,

898
00:47:44,000 --> 00:47:47,520
Speaker 12: after a fair proceeding to have taken an oath to

899
00:47:47,640 --> 00:47:53,000
Speaker 12: uphold the Constitution and then turned against it by engaging

900
00:47:53,040 --> 00:47:56,120
Speaker 12: in an insurrection against the Constitution, you can't be trusted

901
00:47:56,160 --> 00:48:00,759
Speaker 12: with power again, because that's the path to destroy democracy.

902
00:48:01,120 --> 00:48:03,440
Speaker 12: That's why that provision is in. There has nothing to

903
00:48:03,520 --> 00:48:06,400
Speaker 12: do with whether you are tried and convicted of a

904
00:48:06,400 --> 00:48:10,560
Speaker 12: crime or held civilly liable. The president had a week

905
00:48:11,280 --> 00:48:14,319
Speaker 12: of detailed hearings. There were two hundred and ninety eight

906
00:48:14,440 --> 00:48:18,680
Speaker 12: baptual findings made by the trial court in Colorado. They

907
00:48:18,719 --> 00:48:22,640
Speaker 12: were not upset on appeal. None of the justices of

908
00:48:22,680 --> 00:48:26,280
Speaker 12: the Supreme Court of Colorado, including the ones who descended

909
00:48:26,360 --> 00:48:30,239
Speaker 12: on different grounds, found any fault with those findings. And

910
00:48:30,280 --> 00:48:33,719
Speaker 12: now it's time for the US Supreme Court, which is

911
00:48:33,760 --> 00:48:36,560
Speaker 12: certainly going to have to decide that case as soon

912
00:48:36,640 --> 00:48:42,239
Speaker 12: as the former president asks it to do so. It's

913
00:48:42,280 --> 00:48:44,480
Speaker 12: time for the US Supreme Court to weigh in on

914
00:48:44,560 --> 00:48:48,920
Speaker 12: whether he is disqualified under those provisions of the fourteenth Amendment.

915
00:48:51,320 --> 00:48:55,480
Speaker 9: And knowing that this court is a conservative supermajority, frankly,

916
00:48:55,520 --> 00:48:59,759
Speaker 9: there's six conservative justices, half of which were appointed by

917
00:48:59,800 --> 00:49:02,200
Speaker 9: the former president. What way would you expect the Supreme

918
00:49:02,200 --> 00:49:04,040
Speaker 9: Court to rule on that matter?

919
00:49:05,080 --> 00:49:06,960
Speaker 12: Well, I don't have a crystal ball. I think as

920
00:49:07,000 --> 00:49:11,440
Speaker 12: they follow the law. Judge Michael Ludig a very distinguished conservative,

921
00:49:11,440 --> 00:49:13,760
Speaker 12: and I think they will have to affirm the decision

922
00:49:14,640 --> 00:49:20,120
Speaker 12: and render an unexpected, perhaps in many ways unpopular ruling

923
00:49:20,160 --> 00:49:23,320
Speaker 12: that keeps them off the ballot. They find some way

924
00:49:23,760 --> 00:49:27,839
Speaker 12: consistent with the Fourteenth Amendment and their post of the Constitution,

925
00:49:28,440 --> 00:49:31,680
Speaker 12: some exit ramp, some way of not keeping him off

926
00:49:31,719 --> 00:49:34,360
Speaker 12: the ballot. I don't really see what it could be.

927
00:49:34,960 --> 00:49:37,840
Speaker 12: But it's a pretty ingenious court and they have found

928
00:49:37,840 --> 00:49:40,560
Speaker 12: ways to do some pretty strange things.

929
00:49:41,640 --> 00:49:43,359
Speaker 9: All right on that note, we will leave it. Thank

930
00:49:43,360 --> 00:49:45,480
Speaker 9: you very much for hopping on with us on this

931
00:49:45,560 --> 00:49:48,200
Speaker 9: breaking news. We really really appreciate your legal insight. That

932
00:49:48,239 --> 00:49:52,040
Speaker 9: was Lawrence Tribe, Professor Emeritus of the Carl M. Lob University,

933
00:49:52,040 --> 00:49:57,200
Speaker 9: Professor of Constitutional Law at Harvard University. We sincerely appreciate it.

934
00:49:59,200 --> 00:50:01,120
Speaker 2: Thanks for listening to the Sound on podcasts.

935
00:50:01,160 --> 00:50:04,440
Speaker 7: Make sure to subscribe if you haven't already, at Apple, Spotify, and.

936
00:50:04,480 --> 00:50:07,000
Speaker 6: Anywhere else you get your podcasts, and you can find

937
00:50:07,080 --> 00:50:10,160
Speaker 6: us live every weekday from Washington, DC at one pm

938
00:50:10,200 --> 00:50:10,600
Speaker 6: Eastern

939
00:50:10,640 --> 00:50:14,360
Speaker 2: Time at Bloomberg dot com