1 00:00:03,320 --> 00:00:07,560 Speaker 1: Live from our nation's capital. This is Bloomberg Sound on. 2 00:00:08,160 --> 00:00:10,560 Speaker 1: The parties are divided in terms of the effect that 3 00:00:10,600 --> 00:00:13,480 Speaker 1: the stimulus is going to have. This inflation debate has 4 00:00:13,560 --> 00:00:16,360 Speaker 1: really been heating up the effect of what the Biden 5 00:00:16,400 --> 00:00:21,880 Speaker 1: administration is spending on political capital. Bloomberg Sound On. The insiders, 6 00:00:21,960 --> 00:00:25,599 Speaker 1: the influencers, the insights, a group of centrists are the 7 00:00:25,720 --> 00:00:29,200 Speaker 1: key senators to watch. Jill Biden gives number one focus 8 00:00:29,240 --> 00:00:32,680 Speaker 1: in addition to the COVID health crisis, is jobs. I 9 00:00:32,680 --> 00:00:35,239 Speaker 1: don't think we have red roads and blu roads, and 10 00:00:35,320 --> 00:00:38,040 Speaker 1: that's the way we're looking at this. Schoomberg Sound On 11 00:00:38,440 --> 00:00:44,920 Speaker 1: with Devin Surreling on Bloomberg Radio. Stimulus heads to the Senate. 12 00:00:45,040 --> 00:00:49,720 Speaker 1: Will it have any last minute hijinks before reaching President 13 00:00:49,840 --> 00:00:55,480 Speaker 1: Biden's desk. Meanwhile, Senator Elizabeth Warren wants to tax millionaires 14 00:00:55,880 --> 00:00:59,200 Speaker 1: and the one percent elsewhere. President Shi Jing Ping and 15 00:00:59,280 --> 00:01:02,480 Speaker 1: China Mobile is China for a tech revolution to cut 16 00:01:02,520 --> 00:01:07,319 Speaker 1: dependence on the West end. Vice President Kamala Harris speaks 17 00:01:07,319 --> 00:01:12,720 Speaker 1: exclusively at Bloomberg City City Lab Global Cities event lots 18 00:01:12,760 --> 00:01:15,279 Speaker 1: to get through. We begin tonight with the big story, 19 00:01:15,319 --> 00:01:19,120 Speaker 1: and that is the stimulus deal. Nears the Senate, and 20 00:01:19,160 --> 00:01:22,680 Speaker 1: we've got exclusive sound on this from Vice President Kamala Harris. 21 00:01:22,800 --> 00:01:27,280 Speaker 1: She spoke earlier today at Bloomberg City Lab Global City Summit, 22 00:01:27,560 --> 00:01:30,040 Speaker 1: and she says that the US has the imperative to 23 00:01:30,160 --> 00:01:34,319 Speaker 1: strengthen infrastructure in our cities and create good union jobs, 24 00:01:34,319 --> 00:01:38,440 Speaker 1: but first they need to finish passing the stimulus. Here's 25 00:01:38,440 --> 00:01:41,720 Speaker 1: the sound on that the President and I are pushing 26 00:01:41,760 --> 00:01:46,160 Speaker 1: the United States Congress to finish passing our American Rescue 27 00:01:46,200 --> 00:01:50,320 Speaker 1: Plan so cities have the resources they need to innovate 28 00:01:50,480 --> 00:01:54,880 Speaker 1: and replicate the best ideas. This plan includes critical support 29 00:01:55,000 --> 00:01:58,400 Speaker 1: for those communities that have been hardest hit, keeping small 30 00:01:58,440 --> 00:02:03,080 Speaker 1: businesses open and first responders on the job. I want 31 00:02:03,080 --> 00:02:06,240 Speaker 1: to welcome into this conversation Congressman John Katko. He is 32 00:02:06,280 --> 00:02:10,000 Speaker 1: a Republican representing New York's twenty four congressional district. He 33 00:02:10,120 --> 00:02:13,040 Speaker 1: is also the top Republican on the House Committee on 34 00:02:13,160 --> 00:02:16,040 Speaker 1: Homeland Security and a member of the House Committee on 35 00:02:16,120 --> 00:02:19,760 Speaker 1: Transportation and Infrastructure. Congressman, thank you so much for joining us. 36 00:02:19,800 --> 00:02:23,000 Speaker 1: Great to have you here on an important policy newsday. 37 00:02:23,040 --> 00:02:27,280 Speaker 1: Is stimulus going to pass in the Senate? Well, I 38 00:02:27,320 --> 00:02:30,239 Speaker 1: think in some way shape or form I think it well, um, 39 00:02:30,240 --> 00:02:32,480 Speaker 1: it's not gonna look like it did. But when it 40 00:02:32,520 --> 00:02:35,760 Speaker 1: came out of the House, and particularly with the economy 41 00:02:35,800 --> 00:02:38,200 Speaker 1: crushing fifteen dollar minimum wage which would lead to one 42 00:02:38,200 --> 00:02:41,280 Speaker 1: point four million job losses, that's not a stimulus. So 43 00:02:41,360 --> 00:02:43,520 Speaker 1: with that tape being taken out of the equation, I 44 00:02:43,560 --> 00:02:45,360 Speaker 1: know that there's some horse trading going on in the 45 00:02:45,400 --> 00:02:47,720 Speaker 1: Senate right now, and it looks forward to see what 46 00:02:47,720 --> 00:02:49,399 Speaker 1: the final product is. I'm going to keep an open 47 00:02:49,440 --> 00:02:51,959 Speaker 1: mind on it, you know, and and just to to 48 00:02:52,160 --> 00:02:55,040 Speaker 1: move beyond this. In terms of the infrastructure, and you've 49 00:02:55,040 --> 00:02:57,880 Speaker 1: been really at the forefront of a conversation on non 50 00:02:57,919 --> 00:03:01,880 Speaker 1: partisan talk about enhancing digital infrastructure. You know, we're thinking, 51 00:03:01,960 --> 00:03:04,880 Speaker 1: of course about the recent solar winds hacks. You've said 52 00:03:05,200 --> 00:03:09,280 Speaker 1: cybersecurity needs to be a non partisan issue as we 53 00:03:09,360 --> 00:03:12,240 Speaker 1: look beyond the stimulus talks and into the summer, and 54 00:03:12,320 --> 00:03:15,760 Speaker 1: dare I say the fall even is infrastructure something that 55 00:03:15,840 --> 00:03:19,760 Speaker 1: has Is there room for infrastructure spending even after the 56 00:03:19,800 --> 00:03:23,320 Speaker 1: stimulus advances? Well, a couple of you could touch on 57 00:03:23,360 --> 00:03:26,040 Speaker 1: a couple of different things with respect to cybersecurity, which 58 00:03:26,080 --> 00:03:27,640 Speaker 1: is at the forefront of what we're trying to do 59 00:03:27,720 --> 00:03:31,560 Speaker 1: on Homeland security. I think that there is bipartison support 60 00:03:31,560 --> 00:03:35,600 Speaker 1: to provide more funding and give the Pugnment of Homeland 61 00:03:35,600 --> 00:03:40,440 Speaker 1: Security and their cyber uh cybersecurity arm called SISSA the 62 00:03:40,520 --> 00:03:43,360 Speaker 1: funding and the and the manpower they need to be 63 00:03:43,400 --> 00:03:45,720 Speaker 1: able to better deal with hacks like the Solar winds. 64 00:03:45,960 --> 00:03:49,920 Speaker 1: It's one of the most devastating cyberespionage campaigns we've ever experienced. 65 00:03:50,200 --> 00:03:51,760 Speaker 1: So yeah, for sure we need to do with that. 66 00:03:51,800 --> 00:03:53,400 Speaker 1: And I'm encouraged by some of the things I'm hearing 67 00:03:53,440 --> 00:03:56,640 Speaker 1: out of the Senate about additional spending and funding for 68 00:03:56,720 --> 00:03:59,520 Speaker 1: the System Agency and giving them the tools they need 69 00:03:59,560 --> 00:04:01,960 Speaker 1: to fight back. We're finding an arms race where they're 70 00:04:01,960 --> 00:04:04,520 Speaker 1: outspending us to a fairly well, and we need to 71 00:04:04,560 --> 00:04:08,160 Speaker 1: catch up the other science infrastructure. And I'm gonna just 72 00:04:08,200 --> 00:04:11,080 Speaker 1: picture real quick, Um, the highway built is a is 73 00:04:11,120 --> 00:04:13,400 Speaker 1: a perfect opportunity for us to fix it once and 74 00:04:13,400 --> 00:04:15,400 Speaker 1: for all, so roads and bridges can get back to 75 00:04:15,440 --> 00:04:16,880 Speaker 1: where they need to be. In am alle about front 76 00:04:16,920 --> 00:04:19,960 Speaker 1: help path, you know, and and to your point, I mean, 77 00:04:20,000 --> 00:04:23,000 Speaker 1: we go from cybersecurity and solar winds with the Russians, 78 00:04:23,080 --> 00:04:26,840 Speaker 1: but you know, you can't not talk about China here either. 79 00:04:27,040 --> 00:04:29,559 Speaker 1: I mean, you've released a statement just the other week 80 00:04:29,680 --> 00:04:34,320 Speaker 1: in response to President Biden's executive Orders UH in in 81 00:04:34,400 --> 00:04:39,080 Speaker 1: relation to studying domestic Supply Chain uh TO to protect 82 00:04:39,160 --> 00:04:43,919 Speaker 1: America from their reliance upon China, for example, on a 83 00:04:43,960 --> 00:04:47,880 Speaker 1: host of different critical infrastructure supply chains. But you've said 84 00:04:47,920 --> 00:04:50,719 Speaker 1: you'd like to see DHS, the Department of Homeland Security 85 00:04:51,200 --> 00:04:55,920 Speaker 1: at the forefront of this conversation. Why is that important, Congressman, Well, 86 00:04:55,960 --> 00:04:58,440 Speaker 1: we have a first of all, China is over the 87 00:04:58,480 --> 00:05:01,120 Speaker 1: next fifty years will be the biggest threat we have 88 00:05:01,800 --> 00:05:04,839 Speaker 1: UH to our democracy period. And I'm not trying to 89 00:05:04,839 --> 00:05:07,920 Speaker 1: be engaged in hyperboly here. It's just a fact. And 90 00:05:08,320 --> 00:05:11,480 Speaker 1: there's several things that we're doing with respect to homeland security, 91 00:05:11,800 --> 00:05:14,760 Speaker 1: trying to keep our homeland safe. Cybersecurity is pre eminent, 92 00:05:14,800 --> 00:05:18,080 Speaker 1: but that's not the only thing. Supply chains, trying to 93 00:05:18,120 --> 00:05:21,400 Speaker 1: get um some resilience, some resiliency within the United States 94 00:05:21,480 --> 00:05:24,320 Speaker 1: from when we have calamities and catastrophes like a pandemic, 95 00:05:24,320 --> 00:05:25,960 Speaker 1: where we don't have to rely on the foreign actor 96 00:05:26,080 --> 00:05:29,279 Speaker 1: like China, who can be somewhat unreliable. But we also 97 00:05:29,400 --> 00:05:32,839 Speaker 1: have these things that are called work work. We're holding 98 00:05:32,839 --> 00:05:35,919 Speaker 1: release orders where we're products coming into our country. We 99 00:05:35,960 --> 00:05:37,720 Speaker 1: gotta make sure they're not made with slave labor, that 100 00:05:38,520 --> 00:05:41,279 Speaker 1: they're not made in the non fair manner. We have 101 00:05:41,320 --> 00:05:44,760 Speaker 1: a tremendous number these WI cases pending right now because 102 00:05:44,760 --> 00:05:48,160 Speaker 1: of what China is doing in the Northwest Provinces. They 103 00:05:48,160 --> 00:05:52,039 Speaker 1: are literally engaging in genocide as defined by the United Nations, 104 00:05:52,400 --> 00:05:55,760 Speaker 1: to a group of ethnic muscles that are referred to 105 00:05:55,839 --> 00:05:58,400 Speaker 1: as a leaders and um. One of the three million 106 00:05:58,480 --> 00:06:03,000 Speaker 1: people are interred in concentration camps, their forced sterilization, there's 107 00:06:03,080 --> 00:06:06,240 Speaker 1: forced abortions, and they're to producing products that are being 108 00:06:06,279 --> 00:06:10,200 Speaker 1: sent into the United States. So the the problem going 109 00:06:10,279 --> 00:06:13,760 Speaker 1: forward is quite substantial with China, and unless we take 110 00:06:13,800 --> 00:06:18,080 Speaker 1: a tougher stance um your human rights violations which are despicable, 111 00:06:18,640 --> 00:06:23,080 Speaker 1: or their their cybersecurity attacks, we're gonna have a real 112 00:06:23,080 --> 00:06:26,840 Speaker 1: problem going forward. No, solar Winds was a Russian generated attack, 113 00:06:26,880 --> 00:06:29,360 Speaker 1: but make no mistake about it, China has engaged in 114 00:06:29,400 --> 00:06:32,160 Speaker 1: an awful lot of cyber espionage in our country and 115 00:06:32,200 --> 00:06:34,240 Speaker 1: we have to fight back against him. And you need 116 00:06:34,279 --> 00:06:36,560 Speaker 1: to take a stronger stance, especially when we're committing acts 117 00:06:36,560 --> 00:06:39,880 Speaker 1: of genocide. Congressman John Katko is with us. He is 118 00:06:39,920 --> 00:06:43,320 Speaker 1: a Republican from New York reading from the Bloomberg terminal 119 00:06:43,440 --> 00:06:47,239 Speaker 1: right now. She mobilizes China for tech revolution to cut 120 00:06:47,320 --> 00:06:51,039 Speaker 1: dependence on the West. Bloomberg News reports for US politicians, 121 00:06:51,120 --> 00:06:55,480 Speaker 1: China's potential to dominate sensitive cutting edge technologies poses one 122 00:06:55,480 --> 00:06:58,800 Speaker 1: of the biggest geo political threats of the next few decades. 123 00:06:59,040 --> 00:07:02,000 Speaker 1: President shi Jing paying is similarly worried that the US 124 00:07:02,040 --> 00:07:05,480 Speaker 1: will block China's rise, and this week will unveil plans 125 00:07:05,520 --> 00:07:10,560 Speaker 1: for greater self sufficiency. Just to your point there, Congressman, 126 00:07:10,600 --> 00:07:14,600 Speaker 1: it looks like she is responding to the shift that 127 00:07:14,680 --> 00:07:17,440 Speaker 1: the US is making and hoping to bring Europe back 128 00:07:17,480 --> 00:07:21,800 Speaker 1: on board. Uh and and to operate from one geopolitical playbook, 129 00:07:21,880 --> 00:07:25,200 Speaker 1: especially as it relates to tech. Well, listen, we want 130 00:07:25,200 --> 00:07:27,200 Speaker 1: to live in a peaceful world, Americans, but we are 131 00:07:27,240 --> 00:07:29,160 Speaker 1: also the leaders of the free world, and we have 132 00:07:29,200 --> 00:07:32,680 Speaker 1: to recognize the fact that China wants to dominate the world. 133 00:07:33,080 --> 00:07:35,600 Speaker 1: And that's their hundred year plan, that's our fifty year plan, 134 00:07:35,720 --> 00:07:39,360 Speaker 1: that's their plan going forward. They see cybersecurity and cyber 135 00:07:39,960 --> 00:07:43,040 Speaker 1: espionage as a very key part of that they see 136 00:07:43,440 --> 00:07:46,880 Speaker 1: embedding people posing as students in our country, like they 137 00:07:46,880 --> 00:07:49,400 Speaker 1: have been doing it for years as a way to 138 00:07:49,440 --> 00:07:52,880 Speaker 1: collect as much information and espionage as they can for 139 00:07:53,000 --> 00:07:55,640 Speaker 1: us for them rather and bring it back to their countries. 140 00:07:55,880 --> 00:07:57,960 Speaker 1: And here's a concern I have, and I'm trying to 141 00:07:57,960 --> 00:08:00,520 Speaker 1: bring more light to this, and I appreciate the opportunity 142 00:08:00,560 --> 00:08:03,920 Speaker 1: to do so. Here. Uh, they are literally actively engaged 143 00:08:03,960 --> 00:08:07,160 Speaker 1: in genocide. The Dutch government is recognized that the Canadian 144 00:08:07,160 --> 00:08:09,680 Speaker 1: government has recognized it. I'm trying to get the United 145 00:08:09,680 --> 00:08:12,880 Speaker 1: States government to recognize it and make a significant statement 146 00:08:12,920 --> 00:08:15,119 Speaker 1: that we're not going to stand for it by having 147 00:08:15,160 --> 00:08:19,400 Speaker 1: President Biden asked that the Olympics moved to a site 148 00:08:19,440 --> 00:08:22,200 Speaker 1: where they're not engaged in genocide, because I want any 149 00:08:22,200 --> 00:08:24,280 Speaker 1: of you to tell me when's the last time we 150 00:08:24,320 --> 00:08:27,480 Speaker 1: had an Olympics where they were actively engaged in genocide 151 00:08:27,480 --> 00:08:29,880 Speaker 1: in the in the host country. So you don't and 152 00:08:29,920 --> 00:08:32,440 Speaker 1: you need to be we need be leaders in every guard. 153 00:08:33,040 --> 00:08:35,560 Speaker 1: You've been out front on this. You and your Republican colleagues, 154 00:08:35,600 --> 00:08:38,319 Speaker 1: and at least one Democrat in the House of Representatives 155 00:08:38,320 --> 00:08:41,480 Speaker 1: are calling on the Biden administration to it's it's a 156 00:08:41,559 --> 00:08:44,960 Speaker 1: push for the Beijing Games to be held elsewhere. Have 157 00:08:45,040 --> 00:08:48,120 Speaker 1: you spoken directly with President Biden about this or any 158 00:08:48,120 --> 00:08:51,880 Speaker 1: other members of the Biden administration. I'm hoping I put 159 00:08:51,880 --> 00:08:54,679 Speaker 1: in I put in a request to speak with them. 160 00:08:54,760 --> 00:08:57,679 Speaker 1: It's been very difficult to have a back enforce with 161 00:08:57,720 --> 00:09:00,680 Speaker 1: them thus far. But I've had a history President Biden. 162 00:09:01,280 --> 00:09:02,920 Speaker 1: He went to law school the same law school went 163 00:09:03,040 --> 00:09:05,120 Speaker 1: to here in syracusey still has family here from his 164 00:09:05,160 --> 00:09:08,840 Speaker 1: first wife was tragically killed the Hunter family in Aubertin, 165 00:09:08,880 --> 00:09:11,160 Speaker 1: which is near here, so he comes back her quite often. 166 00:09:11,400 --> 00:09:13,199 Speaker 1: I'm hoping to engage with him on this. This is 167 00:09:13,240 --> 00:09:15,360 Speaker 1: a I think this is a point in time we 168 00:09:15,440 --> 00:09:17,920 Speaker 1: really think about it. If we if those Olympics go 169 00:09:18,040 --> 00:09:22,040 Speaker 1: on as plan next year and you have people getting 170 00:09:22,120 --> 00:09:25,920 Speaker 1: killed in in any concentration camps and being them committing 171 00:09:25,920 --> 00:09:29,560 Speaker 1: acts of genocide on a on a massive scale, and 172 00:09:29,760 --> 00:09:32,480 Speaker 1: we don't do anything about it. We're giving him a 173 00:09:32,520 --> 00:09:35,840 Speaker 1: stamp of approval by being there and letting them showcase 174 00:09:35,960 --> 00:09:39,600 Speaker 1: what China is about about, highlighting what China is really about, 175 00:09:40,000 --> 00:09:41,760 Speaker 1: and to me to bring something that we have to 176 00:09:41,760 --> 00:09:43,920 Speaker 1: stand up. I want to bring it to this conversation. 177 00:09:43,920 --> 00:09:47,120 Speaker 1: Bloomberg Politics contributor Rick Davis. He, of course, is the 178 00:09:47,160 --> 00:09:50,959 Speaker 1: former campaign manager to John McCain's presidential campaign. Rick, I 179 00:09:51,040 --> 00:09:54,760 Speaker 1: knew you have questioned. Yeah, Congressman, you can only imagine 180 00:09:54,800 --> 00:09:56,880 Speaker 1: what John McCain would be saying right now about your 181 00:09:56,920 --> 00:09:59,240 Speaker 1: comments about China. I mean, he was always looking for 182 00:09:59,280 --> 00:10:01,680 Speaker 1: a fight. There is I think long time ago he 183 00:10:01,760 --> 00:10:04,560 Speaker 1: realized this was not a country that was going to 184 00:10:04,640 --> 00:10:08,920 Speaker 1: actually be our partner, but more a competitor. Uh. I 185 00:10:08,920 --> 00:10:10,240 Speaker 1: want to ask you a little bit more about this 186 00:10:10,280 --> 00:10:13,720 Speaker 1: Olympics approach because I mean, look, arguably Russia when they 187 00:10:13,760 --> 00:10:17,640 Speaker 1: hosted the Winter Olympics were no uh ingine news in 188 00:10:17,640 --> 00:10:22,400 Speaker 1: in the category of genocide, and China has already hosted 189 00:10:22,400 --> 00:10:26,199 Speaker 1: in Olympics, and arguably the Igers were repressed at least 190 00:10:26,200 --> 00:10:31,079 Speaker 1: and and probably genocidically attacked at most. Where do we 191 00:10:31,200 --> 00:10:34,560 Speaker 1: draw the line on sort of the standard for uh, 192 00:10:34,600 --> 00:10:37,439 Speaker 1: the Olympic Games and how they relate to the countries 193 00:10:37,480 --> 00:10:38,960 Speaker 1: that have hosted them. I mean, we can go all 194 00:10:38,960 --> 00:10:42,320 Speaker 1: the way back to Nazi Germany hosting the Olympics. Uh. 195 00:10:42,720 --> 00:10:46,040 Speaker 1: It seems to be a pretty spotty record. It is, 196 00:10:46,160 --> 00:10:48,880 Speaker 1: and I guess I look at it more fundamentally there 197 00:10:49,000 --> 00:10:52,559 Speaker 1: was at best sketchy information back when the last Olympics 198 00:10:52,559 --> 00:10:56,360 Speaker 1: were held in China. It's clear now, it's absolutely clear 199 00:10:56,440 --> 00:10:59,559 Speaker 1: now that China is engaging in genocide with the leakers 200 00:11:00,000 --> 00:11:02,840 Speaker 1: in the Northwest Province. It's just it's a fact. And 201 00:11:02,880 --> 00:11:05,280 Speaker 1: that's why I think about it. The two most dominant 202 00:11:05,360 --> 00:11:10,599 Speaker 1: countries in Winter Olympics are the Dutch and the Canadians, 203 00:11:10,679 --> 00:11:13,640 Speaker 1: and they're both saying that China's engaged in genocide and 204 00:11:13,640 --> 00:11:16,040 Speaker 1: we should move to the Olympics. So that should tell 205 00:11:16,040 --> 00:11:18,640 Speaker 1: you something that that is it has been elevated. And 206 00:11:18,679 --> 00:11:21,360 Speaker 1: I guess I just challenge challenge you all to tell 207 00:11:21,400 --> 00:11:24,800 Speaker 1: me when's the last time the country hosted an Olympics 208 00:11:24,800 --> 00:11:27,640 Speaker 1: when they were actively engaging in genocide. I mean, you 209 00:11:27,679 --> 00:11:30,640 Speaker 1: may say that maybe back when Hitler had in the 210 00:11:30,720 --> 00:11:34,719 Speaker 1: thirty six, but you know, the genocidal tendencies really accelerated, 211 00:11:34,880 --> 00:11:39,040 Speaker 1: uh during the advent of World War two. So um, 212 00:11:39,960 --> 00:11:42,400 Speaker 1: I just don't see how legitimizing it. And if we 213 00:11:42,480 --> 00:11:45,200 Speaker 1: don't stand up to China, at some point, they're going 214 00:11:45,280 --> 00:11:47,120 Speaker 1: to run over us and run over the rest of 215 00:11:47,160 --> 00:11:49,959 Speaker 1: the world. We know what their cyber spion notge capabilities 216 00:11:50,440 --> 00:11:54,040 Speaker 1: that they're they're capable of doing significant damage to US 217 00:11:54,080 --> 00:11:57,840 Speaker 1: already we know by their spying capabilities and there and 218 00:11:57,960 --> 00:12:00,760 Speaker 1: their confucious project if you all that, their rental train 219 00:12:00,880 --> 00:12:04,560 Speaker 1: United States universities, and a routinely stealing information from US 220 00:12:04,559 --> 00:12:07,320 Speaker 1: and technologies from US. So we wanted to be a 221 00:12:07,320 --> 00:12:11,720 Speaker 1: good citizen of the international community, not at all costs. 222 00:12:11,760 --> 00:12:13,440 Speaker 1: And I think if you turn a blind eye to this, 223 00:12:13,600 --> 00:12:16,880 Speaker 1: it will only embolden them more. And um, I'm not 224 00:12:16,920 --> 00:12:20,120 Speaker 1: saying canceled the Olympics. No, I'm saying we have quick 225 00:12:20,200 --> 00:12:22,160 Speaker 1: enough we can move them and have them somewhere else 226 00:12:22,600 --> 00:12:25,240 Speaker 1: my country that's not actively engaging and killing its people. 227 00:12:26,040 --> 00:12:28,200 Speaker 1: I mean, we're talking with Congressman John Kato. I just 228 00:12:28,240 --> 00:12:30,240 Speaker 1: have a couple more questions for you, Congressman. I mean, 229 00:12:30,280 --> 00:12:34,600 Speaker 1: it has been a massive development on on Capitol Hill 230 00:12:34,600 --> 00:12:37,679 Speaker 1: with regards to policy. You, sir, have I really crafted 231 00:12:37,720 --> 00:12:40,600 Speaker 1: yourself as a as a centrist and a moderate within 232 00:12:40,640 --> 00:12:44,439 Speaker 1: the Republican Party. President Trump at sea Packs was said 233 00:12:44,480 --> 00:12:48,160 Speaker 1: to to out vote you and other Republicans who supported 234 00:12:48,200 --> 00:12:50,800 Speaker 1: his impeachment. Uh, And I just got to ask you 235 00:12:50,800 --> 00:12:53,679 Speaker 1: if you have any response to that. Look at um, 236 00:12:53,920 --> 00:12:56,400 Speaker 1: he's intitled to do what he wants and say what 237 00:12:56,480 --> 00:12:58,880 Speaker 1: he wants. Uh is The only thing I can tell 238 00:12:58,920 --> 00:13:00,880 Speaker 1: you is I am a very good hand on the 239 00:13:00,880 --> 00:13:03,200 Speaker 1: pulse of my finger, in the pulse of my district. 240 00:13:03,320 --> 00:13:05,920 Speaker 1: I know it very well. The President lost my district 241 00:13:05,920 --> 00:13:08,599 Speaker 1: by nine points I wanted by ten and a half. Um, 242 00:13:08,640 --> 00:13:12,240 Speaker 1: so that's a pretty substantial over over performing from him. 243 00:13:12,280 --> 00:13:14,800 Speaker 1: And I know my district, and I know how my 244 00:13:14,840 --> 00:13:18,120 Speaker 1: district feels, and um, I'm I'm confident that I can 245 00:13:18,120 --> 00:13:21,280 Speaker 1: weather the storm. And final question for you, have you 246 00:13:21,320 --> 00:13:24,160 Speaker 1: been following this news on New York Governor Andrew Cuomo? 247 00:13:24,240 --> 00:13:28,400 Speaker 1: So we'll go. We'll go congressman from Trump to Culomo Cuomo. 248 00:13:29,760 --> 00:13:33,559 Speaker 1: The headline is Cuomo steps out a spotlight as scandals 249 00:13:33,559 --> 00:13:36,040 Speaker 1: put his future in doubt during New Yorker. You just 250 00:13:36,080 --> 00:13:38,480 Speaker 1: told me about your district. What are you hearing? I mean? 251 00:13:38,480 --> 00:13:43,080 Speaker 1: Should should Governor Cuomo resign? Well, if the allegations are 252 00:13:43,120 --> 00:13:47,320 Speaker 1: proven true, absolutely, I have no doubt, to have no doubt, 253 00:13:47,720 --> 00:13:50,400 Speaker 1: I have no reason to doubt those those women, and 254 00:13:50,600 --> 00:13:54,560 Speaker 1: if those allegations are true, he should be gone. But 255 00:13:54,880 --> 00:13:57,000 Speaker 1: we need to let the investigation go. I hope it's 256 00:13:57,000 --> 00:13:59,760 Speaker 1: a fair of full and fair investigation. I hope it's 257 00:13:59,760 --> 00:14:04,040 Speaker 1: not politically motivated to protect him, and we need answers soon. 258 00:14:04,679 --> 00:14:08,720 Speaker 1: Um uh. He tended to acknowledge what was going on 259 00:14:08,800 --> 00:14:11,400 Speaker 1: and saying he was just like a playful language or 260 00:14:11,440 --> 00:14:14,079 Speaker 1: something like that, trying to downplay it. That's that's a 261 00:14:14,200 --> 00:14:17,760 Speaker 1: little very troubling and so um he's a he's a 262 00:14:17,800 --> 00:14:19,680 Speaker 1: governor of New York State and he should be held 263 00:14:19,640 --> 00:14:22,480 Speaker 1: to a very high standard. And if those allegations are true, 264 00:14:22,520 --> 00:14:24,680 Speaker 1: we probably should be gone, there's no doubt about it. 265 00:14:24,960 --> 00:14:26,880 Speaker 1: Unless not going to He has the whole nursing home 266 00:14:26,960 --> 00:14:29,520 Speaker 1: stance scandal as well, but he's dealing with and respawned 267 00:14:29,520 --> 00:14:33,360 Speaker 1: a criminal investigation. That's what I You know that I 268 00:14:33,480 --> 00:14:35,760 Speaker 1: appreciate you coming on. You are really in the in 269 00:14:35,840 --> 00:14:37,920 Speaker 1: the eye of the storm in New York State. So 270 00:14:37,920 --> 00:14:40,480 Speaker 1: I very much appreciate your time, sir, to talk about 271 00:14:40,560 --> 00:14:42,920 Speaker 1: especially what's going on in China. I don't think we 272 00:14:42,960 --> 00:14:45,240 Speaker 1: talked about it enough, and I really appreciate you, sir, 273 00:14:45,520 --> 00:14:47,880 Speaker 1: making the time for us. That's Congressman John Katgo. He 274 00:14:47,960 --> 00:14:51,240 Speaker 1: is a Republican representing New York's twenty four congressional district. 275 00:14:51,280 --> 00:14:54,160 Speaker 1: The top Republican on the House Committee of Homeland Security, 276 00:14:54,160 --> 00:14:56,320 Speaker 1: and I hope you'll come back on especially as it 277 00:14:56,360 --> 00:15:00,520 Speaker 1: relates to China. All right, let's reset here. My name 278 00:15:00,560 --> 00:15:03,280 Speaker 1: is Kevin CURRELLI I'm the chief Washington correspondent from Bloomberg 279 00:15:03,320 --> 00:15:06,800 Speaker 1: TV and Bloomberg Radio. I'm accompanied by Bloomberg Politics contributor 280 00:15:06,880 --> 00:15:09,760 Speaker 1: Rick Davis, also by Joe Crowley. He is a former 281 00:15:10,160 --> 00:15:14,480 Speaker 1: Democratic UH member of Congress representing a district in the 282 00:15:14,480 --> 00:15:18,040 Speaker 1: state of New York UH and he has also been 283 00:15:18,080 --> 00:15:20,960 Speaker 1: listening to these conversations. Joe, I mean, I know that 284 00:15:21,040 --> 00:15:24,680 Speaker 1: you know Governor Cuomo and and I'll ask the same 285 00:15:24,760 --> 00:15:27,840 Speaker 1: question to you. Have you been following the situation with 286 00:15:27,920 --> 00:15:30,000 Speaker 1: Governor Cuomo and what do you think his next steps 287 00:15:30,080 --> 00:15:33,520 Speaker 1: should be politically? Sure, I've been following it as much 288 00:15:33,520 --> 00:15:37,680 Speaker 1: as anyone else has. Certainly, UH who's pays attention at 289 00:15:37,680 --> 00:15:41,480 Speaker 1: all to politics, especially to my home state of New York. 290 00:15:41,680 --> 00:15:45,160 Speaker 1: And you know, as as a reported you know Ntzi 291 00:15:45,240 --> 00:15:49,800 Speaker 1: Plosi has said she believes the credible sources and it 292 00:15:49,840 --> 00:15:52,280 Speaker 1: needs to be done in a sensitive way and uh, 293 00:15:52,640 --> 00:15:55,320 Speaker 1: in a just way. UM. And I think the governor 294 00:15:55,560 --> 00:15:58,920 Speaker 1: certainly has called upon that in terms of independent astigation. 295 00:15:58,960 --> 00:16:01,760 Speaker 1: It's now in the hands to the Attorney General's office, 296 00:16:01,800 --> 00:16:05,880 Speaker 1: and I think she will move perdicciously and and and 297 00:16:05,880 --> 00:16:09,920 Speaker 1: and and and and trying to find out what really 298 00:16:09,920 --> 00:16:15,640 Speaker 1: happened here. It's uh, it's really remarkable, I think, uh rick, 299 00:16:15,800 --> 00:16:21,040 Speaker 1: just to see the political scandal really moved toward New York, 300 00:16:21,560 --> 00:16:24,280 Speaker 1: especially just over the weekends. Yeah, I mean, when you 301 00:16:24,320 --> 00:16:29,840 Speaker 1: look at these crisis management activities, you wonder, uh, really, 302 00:16:29,880 --> 00:16:32,360 Speaker 1: how these folks are are thinking through these problems, because 303 00:16:32,400 --> 00:16:35,080 Speaker 1: we know what Joe just said that the governors now 304 00:16:35,240 --> 00:16:37,080 Speaker 1: you know, put this in the hands of an independent 305 00:16:37,600 --> 00:16:40,320 Speaker 1: uh investigator at the Attorney General's office. But like his 306 00:16:40,400 --> 00:16:42,680 Speaker 1: first instinct was, oh, I've got a friend, he's going 307 00:16:42,760 --> 00:16:45,640 Speaker 1: to do this investigation. We're gonna keep it internal. And 308 00:16:45,640 --> 00:16:48,680 Speaker 1: and that created a superstorm on top of the storm 309 00:16:48,720 --> 00:16:52,440 Speaker 1: that had already been created by the by the disclosures, 310 00:16:52,440 --> 00:16:56,520 Speaker 1: and so uh no, it just defies logic sometimes that 311 00:16:56,560 --> 00:16:58,640 Speaker 1: no matter how long you've been in politics, no matter 312 00:16:58,680 --> 00:17:01,880 Speaker 1: how long you've served in government, your first instinct is 313 00:17:01,920 --> 00:17:06,080 Speaker 1: always to sort of retreat inside the fence and and 314 00:17:06,119 --> 00:17:09,280 Speaker 1: shoot outside. And uh and I think that has actually 315 00:17:09,320 --> 00:17:13,520 Speaker 1: exacerbated the problem that he's got. So so what in 316 00:17:13,720 --> 00:17:15,720 Speaker 1: terms of as as we move forward and let's pivot 317 00:17:15,760 --> 00:17:17,440 Speaker 1: fact to policy now, and just Rick, I want to 318 00:17:17,440 --> 00:17:20,439 Speaker 1: get your insights into what we gleaned carring from UH 319 00:17:20,720 --> 00:17:23,960 Speaker 1: from Congressman Katko just a couple of minutes ago, especially 320 00:17:23,960 --> 00:17:26,959 Speaker 1: on the US China front, because as I alluded to 321 00:17:27,280 --> 00:17:30,360 Speaker 1: this over over the last couple of minutes, and President 322 00:17:30,400 --> 00:17:33,000 Speaker 1: shi Jing Ping and China right now is doubling down 323 00:17:33,080 --> 00:17:36,719 Speaker 1: on their positions as it relates to geopolitics and and 324 00:17:36,720 --> 00:17:39,840 Speaker 1: and digital infrastructure at a time in which the United 325 00:17:39,840 --> 00:17:42,720 Speaker 1: States is doing the exact same thing. Just to put 326 00:17:42,760 --> 00:17:45,800 Speaker 1: this in context, we have on this program really focused 327 00:17:46,160 --> 00:17:49,720 Speaker 1: UH domestically on the stimulus, but but we cannot look 328 00:17:49,720 --> 00:17:51,639 Speaker 1: at the at the massive amounts of money that the 329 00:17:51,680 --> 00:17:54,639 Speaker 1: United States is talking about in a vacuum when China 330 00:17:54,760 --> 00:17:58,359 Speaker 1: essentially is doing the exact same thing around on the 331 00:17:58,359 --> 00:18:01,440 Speaker 1: other side of the world. I think it's really been 332 00:18:01,480 --> 00:18:04,199 Speaker 1: fantastic that you've focused as much of the program in 333 00:18:04,359 --> 00:18:07,480 Speaker 1: recent weeks on the China issue, because it really hasn't 334 00:18:07,520 --> 00:18:11,000 Speaker 1: gotten that much airplay. During the course of the Trump administration. 335 00:18:11,040 --> 00:18:14,240 Speaker 1: We heard about trade issues and and the retaliation that 336 00:18:14,320 --> 00:18:18,000 Speaker 1: the US had towards trade UH practices by China. But 337 00:18:18,080 --> 00:18:19,720 Speaker 1: we really didn't see a lot of focus on this. 338 00:18:19,800 --> 00:18:22,399 Speaker 1: We had the Huawei issue that cropped up, but it 339 00:18:22,480 --> 00:18:25,480 Speaker 1: came and went almost as quickly. And so it is 340 00:18:25,560 --> 00:18:28,840 Speaker 1: really fundamental. I mean, the President has laid out a 341 00:18:28,840 --> 00:18:32,840 Speaker 1: plan to try and secure the the supply chain UH 342 00:18:32,920 --> 00:18:36,119 Speaker 1: and and not leasta, which is our technical technical advantages 343 00:18:36,160 --> 00:18:40,320 Speaker 1: that we have in manufacturing and and China isn't actually 344 00:18:40,359 --> 00:18:42,719 Speaker 1: doing anything different. It's just we've now drawn a line 345 00:18:42,760 --> 00:18:44,040 Speaker 1: in the sand and said we're just not going to 346 00:18:44,119 --> 00:18:48,000 Speaker 1: allow you to steal our I p to encroaching our systems, 347 00:18:48,359 --> 00:18:51,360 Speaker 1: you know, to plant your your devices in our technology. 348 00:18:51,480 --> 00:18:54,560 Speaker 1: And and I think we're finally finding a level place 349 00:18:54,760 --> 00:18:57,439 Speaker 1: with China where it's like we're we are actually going 350 00:18:57,480 --> 00:18:59,840 Speaker 1: to compete against you. I would say part of what 351 00:18:59,840 --> 00:19:03,040 Speaker 1: we hear about and and Congressman Kako mentioned is quite 352 00:19:03,080 --> 00:19:06,560 Speaker 1: a bit UH government needs to do x y z are. 353 00:19:06,560 --> 00:19:11,280 Speaker 1: Our primary advantage is our free enterprise system is the 354 00:19:11,320 --> 00:19:14,960 Speaker 1: companies that have been pioneers in the technology need to 355 00:19:14,960 --> 00:19:18,760 Speaker 1: step up and help the government through this process. Well 356 00:19:18,840 --> 00:19:21,840 Speaker 1: to that point, Joe Crowley I mean, and your understanding 357 00:19:21,880 --> 00:19:24,760 Speaker 1: of not just the New York City landscape, but also 358 00:19:24,880 --> 00:19:28,400 Speaker 1: the Washington landscape and how it interacts with to Rick's point, 359 00:19:28,520 --> 00:19:33,600 Speaker 1: San Francisco, I mean, is there an ability for those 360 00:19:33,680 --> 00:19:38,040 Speaker 1: three spheres to triangulate in order to make sure that 361 00:19:38,080 --> 00:19:41,439 Speaker 1: they're on the same page when dealing with Beijing, Because 362 00:19:41,440 --> 00:19:43,160 Speaker 1: as you know, Joe and you and I have talked 363 00:19:43,160 --> 00:19:46,320 Speaker 1: about this offline for so many years, they just weren't 364 00:19:46,359 --> 00:19:49,960 Speaker 1: on the same page. Well, I think, first of all, 365 00:19:50,160 --> 00:19:54,000 Speaker 1: I think Rick would agree, uh that although what John 366 00:19:54,080 --> 00:19:57,560 Speaker 1: Tacto said Thomason CaCO said was not new, it still 367 00:19:57,600 --> 00:19:59,439 Speaker 1: was very sobering in the way which she said it 368 00:19:59,480 --> 00:20:03,080 Speaker 1: as well in terms of the threat that China really 369 00:20:03,320 --> 00:20:07,600 Speaker 1: uh uh we as a country face in terms of China. Um. 370 00:20:07,640 --> 00:20:10,680 Speaker 1: But I do think um has mentioned before the the 371 00:20:10,680 --> 00:20:13,399 Speaker 1: the what's happening in terms of genocide in that country 372 00:20:13,440 --> 00:20:16,120 Speaker 1: would happened on human rights were in large is not new. 373 00:20:16,480 --> 00:20:18,680 Speaker 1: I can remember being back on the Farm Affairs Committee 374 00:20:18,680 --> 00:20:22,680 Speaker 1: twenty years ago, Chris Smith from New Jersey was was 375 00:20:23,119 --> 00:20:25,600 Speaker 1: was someone I interacted with quite often on many of 376 00:20:25,640 --> 00:20:28,800 Speaker 1: these issues. Uh. And so um, you know, this is 377 00:20:28,840 --> 00:20:31,560 Speaker 1: something that we know of their quest for a blue 378 00:20:31,560 --> 00:20:34,720 Speaker 1: water navy. We know that there is what they're doing 379 00:20:34,720 --> 00:20:37,399 Speaker 1: in China. They're trying to expand beyond their borders, and 380 00:20:37,480 --> 00:20:40,760 Speaker 1: not just on their their their their their borders in Asia. 381 00:20:40,960 --> 00:20:43,800 Speaker 1: Well beyond that, we see the influence in Africa, we 382 00:20:43,840 --> 00:20:46,200 Speaker 1: see the influence on the parts in South America and 383 00:20:46,240 --> 00:20:49,160 Speaker 1: other parts of the world their soft power, and we're 384 00:20:49,200 --> 00:20:52,119 Speaker 1: not reacting. I don't think as was simiously, certainly as 385 00:20:52,160 --> 00:20:54,160 Speaker 1: we should have been. I think the last four years 386 00:20:54,280 --> 00:20:57,480 Speaker 1: was also uh sometime that was that was lost in 387 00:20:57,560 --> 00:20:59,919 Speaker 1: terms of pushing back against China. But I do think 388 00:21:00,040 --> 00:21:02,840 Speaker 1: will turn here both of Pelosi there was no stranger 389 00:21:02,920 --> 00:21:05,320 Speaker 1: to these causes, as well as Biden, I think will 390 00:21:05,320 --> 00:21:07,560 Speaker 1: also take a different approach. I want to ask this 391 00:21:07,640 --> 00:21:09,080 Speaker 1: question to both of you in the in the final 392 00:21:09,160 --> 00:21:12,399 Speaker 1: few minutes that we have left on this topic. I mean, Rick, Uh, 393 00:21:12,760 --> 00:21:15,280 Speaker 1: the past few years for America in terms of its 394 00:21:15,280 --> 00:21:20,920 Speaker 1: own personal reckoning with many issues, including race, including gender, 395 00:21:21,000 --> 00:21:24,040 Speaker 1: including income and equality, and a host of other different issues, 396 00:21:24,400 --> 00:21:28,160 Speaker 1: has really UH forced Americans to look at our own 397 00:21:28,160 --> 00:21:30,879 Speaker 1: country and the own issues are our own issues that 398 00:21:30,920 --> 00:21:35,160 Speaker 1: we have to be a more perfect union. Did we 399 00:21:35,240 --> 00:21:38,800 Speaker 1: lose any of our ability to spotlight the genocide that 400 00:21:38,920 --> 00:21:42,480 Speaker 1: is happening elsewhere in the world. You know, anytime you 401 00:21:42,920 --> 00:21:45,040 Speaker 1: have a situation where you have to look internally, it 402 00:21:45,080 --> 00:21:47,639 Speaker 1: takes time away from the external and and but we 403 00:21:47,720 --> 00:21:50,560 Speaker 1: have been going through a cycle, uh even all over 404 00:21:50,600 --> 00:21:53,240 Speaker 1: the world of trying to fix the problems we have 405 00:21:53,359 --> 00:21:56,200 Speaker 1: at home and and in our country isn't the only 406 00:21:56,240 --> 00:22:00,120 Speaker 1: one there. But the good news is by addressing those problem, 407 00:22:00,240 --> 00:22:03,280 Speaker 1: you make your country stronger. The way China addresses those 408 00:22:03,320 --> 00:22:06,480 Speaker 1: problems is they arrest people, and they persecute people, and 409 00:22:06,480 --> 00:22:10,679 Speaker 1: they put them in jails and they have them uh killed, 410 00:22:11,040 --> 00:22:14,080 Speaker 1: and and that's that's the fundamentals of what Congressman Khako 411 00:22:14,240 --> 00:22:18,280 Speaker 1: was talking about. They've been performing genocide and that ultimately 412 00:22:18,359 --> 00:22:21,080 Speaker 1: makes their country weaker. And so as painful as the 413 00:22:21,119 --> 00:22:24,080 Speaker 1: process is, the process we've been going through is going 414 00:22:24,119 --> 00:22:27,159 Speaker 1: to make us a stronger country. And countries like China 415 00:22:27,280 --> 00:22:30,320 Speaker 1: and Russia that quash dissidents is going to make them 416 00:22:30,320 --> 00:22:34,040 Speaker 1: weaker in the long run. Go ahead, Joe, I couldn't 417 00:22:34,040 --> 00:22:37,280 Speaker 1: agree more with Rick. I think he's dead on the 418 00:22:37,320 --> 00:22:40,720 Speaker 1: reality is that China has been behaving in this way, 419 00:22:40,840 --> 00:22:43,840 Speaker 1: um for forever. Who quite frankly for the better part 420 00:22:44,160 --> 00:22:47,919 Speaker 1: of a hundred years. And so, um, you know, I 421 00:22:47,960 --> 00:22:50,280 Speaker 1: do agree with Rick as well. We have our issues 422 00:22:50,320 --> 00:22:52,800 Speaker 1: here in the United States. Certainly over the last four years. 423 00:22:52,840 --> 00:22:54,439 Speaker 1: It's it's shown a lot of the warts that we 424 00:22:54,520 --> 00:22:57,960 Speaker 1: have as a nation. But at the same time, a jennocide, 425 00:22:58,040 --> 00:23:01,760 Speaker 1: you know, not since the Native Rickans, and uh, certainly 426 00:23:02,080 --> 00:23:05,960 Speaker 1: what we did to the African American population during slavery 427 00:23:06,440 --> 00:23:08,800 Speaker 1: is not something we're really identified with as a nation, 428 00:23:09,080 --> 00:23:13,359 Speaker 1: certainly the twenty one centuries. And so I do think, 429 00:23:13,840 --> 00:23:18,360 Speaker 1: um that China itself, Uh, it's gonna it's gonna implode 430 00:23:18,359 --> 00:23:20,960 Speaker 1: because of the positions they've taken and not without a 431 00:23:21,000 --> 00:23:24,040 Speaker 1: strong stay for the rest of the world. All right, 432 00:23:24,080 --> 00:23:27,920 Speaker 1: Coming up next, we talk domestic politics President former President 433 00:23:27,920 --> 00:23:31,440 Speaker 1: Trump at Sea pack. I'm Kevin CURRELLI. Panel stays, this 434 00:23:31,760 --> 00:23:51,160 Speaker 1: is Bloomberg. I'm Kevin Currelli, Chief Washington correspondent for Bloomberg 435 00:23:51,240 --> 00:23:54,320 Speaker 1: TV and for Bloomberg Radio. Coming up, Norm Rule, former 436 00:23:54,440 --> 00:23:59,480 Speaker 1: national intelligence manager for Iran and a former senior CIA official. 437 00:23:59,520 --> 00:24:04,360 Speaker 1: We've got to great political panel, Bloomberg Politics contributor Rick Davis, 438 00:24:04,480 --> 00:24:07,879 Speaker 1: and none other than former Congressman Joe Crowley is also 439 00:24:08,000 --> 00:24:11,199 Speaker 1: with us. UH. Joe is one of the go to 440 00:24:11,880 --> 00:24:17,480 Speaker 1: people to be candid with you um in in democratic politics. 441 00:24:17,520 --> 00:24:21,639 Speaker 1: But he's also a massive Bruce Springsteen fan. And I 442 00:24:21,680 --> 00:24:26,320 Speaker 1: gotta say these days, Joe, the competition. Bruce Springsteen has 443 00:24:26,320 --> 00:24:29,320 Speaker 1: turned into the competition because he's got this Spotify thing 444 00:24:29,880 --> 00:24:33,439 Speaker 1: with former President Barack Obama. So I am now direct. 445 00:24:33,600 --> 00:24:36,640 Speaker 1: You and I Joe Crowley are in direct competition with 446 00:24:36,680 --> 00:24:44,240 Speaker 1: the Boss and Obama? No competition? Do you sell yourself 447 00:24:44,240 --> 00:24:50,679 Speaker 1: too short? I appreciate that you. Obama has nothing on you. Springsteen, 448 00:24:50,720 --> 00:24:55,080 Speaker 1: on the other hand, is something on that. Listen, Joe. 449 00:24:55,119 --> 00:24:56,480 Speaker 1: I don't want to get you in trouble and I 450 00:24:56,520 --> 00:24:59,600 Speaker 1: don't want to get me in trouble either, But let's 451 00:24:59,640 --> 00:25:01,399 Speaker 1: just be it's a Rick Davis. Hey, Rick, did you 452 00:25:01,440 --> 00:25:04,280 Speaker 1: follow Sea Packer over the weekend? Can I talk about 453 00:25:04,320 --> 00:25:07,840 Speaker 1: Springsteen instead? Go ahead, go ahead if you want to. Yeah, 454 00:25:07,880 --> 00:25:10,000 Speaker 1: I follow up a C. Pack I mean, it's always 455 00:25:10,040 --> 00:25:14,040 Speaker 1: a entertaining distraction from politics in the United States to 456 00:25:14,119 --> 00:25:17,320 Speaker 1: watch Seapac and UH, and this year was no exception. 457 00:25:17,359 --> 00:25:21,600 Speaker 1: I mean, between the folks who UH worship different kinds 458 00:25:21,640 --> 00:25:27,240 Speaker 1: of UH spiritual UH leaders and UH President Trump bringing 459 00:25:27,359 --> 00:25:30,160 Speaker 1: up the UH the end of the conference with his speech, 460 00:25:30,600 --> 00:25:33,879 Speaker 1: it was it was no different but a lot of 461 00:25:33,920 --> 00:25:36,720 Speaker 1: the same from Sea Pack. Well, let's take a listen 462 00:25:36,760 --> 00:25:38,280 Speaker 1: to some of this, because it's got sound on this 463 00:25:38,320 --> 00:25:42,560 Speaker 1: from former President Donald Trump, which of course dominated all 464 00:25:42,560 --> 00:25:45,479 Speaker 1: of the morning political tip sheets here in the Beltway 465 00:25:45,520 --> 00:25:47,439 Speaker 1: where I am. Take a listen. Here's the sound on 466 00:25:47,480 --> 00:25:50,320 Speaker 1: this from Trump. I am not starting a new party. 467 00:25:51,560 --> 00:25:56,840 Speaker 1: That was fake news. Fake news. Now, wouldn't that be brilliant. 468 00:25:56,920 --> 00:25:59,439 Speaker 1: Let's start a new party and let's divide our vote 469 00:26:00,119 --> 00:26:02,919 Speaker 1: so that you can never win. So I made this 470 00:26:02,960 --> 00:26:05,640 Speaker 1: point earlier to a colleague, but but Rick, I would 471 00:26:05,640 --> 00:26:09,040 Speaker 1: love your analysis on this. I mean, from a political standpoint, 472 00:26:09,119 --> 00:26:13,400 Speaker 1: it would be bad politics for anyone, UH with that 473 00:26:13,480 --> 00:26:16,359 Speaker 1: type of name recognition to not openly flirt with running 474 00:26:16,359 --> 00:26:18,600 Speaker 1: for president, because it would take him out of the 475 00:26:18,600 --> 00:26:20,920 Speaker 1: equation for the mid terms, It would take him out 476 00:26:20,920 --> 00:26:25,200 Speaker 1: of the equation for being a kingmaker and really kind 477 00:26:25,200 --> 00:26:28,359 Speaker 1: of just allow him to seed the ground to the 478 00:26:28,359 --> 00:26:31,080 Speaker 1: future of the party. Should he not say that he 479 00:26:31,160 --> 00:26:34,520 Speaker 1: wants to run for is flirting with running for president? Yeah? 480 00:26:34,560 --> 00:26:37,880 Speaker 1: I think this is sort of Donald Trump one on one. 481 00:26:38,040 --> 00:26:40,600 Speaker 1: I mean, we remember back in two thousand and fifteen 482 00:26:40,600 --> 00:26:43,880 Speaker 1: when he was making his first real run for president, 483 00:26:44,000 --> 00:26:46,600 Speaker 1: he said, look, if I can't get the delegate selection 484 00:26:46,640 --> 00:26:48,720 Speaker 1: process the way I want it, I may leave and 485 00:26:48,800 --> 00:26:51,440 Speaker 1: run as an independent. And everyone's like, oh my god, 486 00:26:51,480 --> 00:26:54,160 Speaker 1: you can't do that. It's deja vu all over again. 487 00:26:54,240 --> 00:26:57,240 Speaker 1: So now you know he set up the the the process. 488 00:26:57,280 --> 00:27:00,359 Speaker 1: I mean, it wasn't fake news that created the noise 489 00:27:00,400 --> 00:27:02,399 Speaker 1: about him leaving the party. It was he and his 490 00:27:02,560 --> 00:27:05,520 Speaker 1: advisors who went out and said he's so mad at 491 00:27:05,560 --> 00:27:08,840 Speaker 1: the Republican Party he's gonna leave it. And we continue 492 00:27:08,920 --> 00:27:11,119 Speaker 1: to get played by former President Trump. Joe, I can 493 00:27:11,160 --> 00:27:13,600 Speaker 1: hear you laughing. I take it that this is music 494 00:27:13,680 --> 00:27:16,720 Speaker 1: to your ears and for the Democrats. Should Trump decide 495 00:27:16,720 --> 00:27:19,600 Speaker 1: to run again, well, I think the whole notion idea 496 00:27:19,640 --> 00:27:21,960 Speaker 1: is Rick said that he wasn't thinking about creating a 497 00:27:21,960 --> 00:27:24,600 Speaker 1: new party. It's just preposterous. Of course he was, and 498 00:27:24,600 --> 00:27:26,600 Speaker 1: he was threatening it. He was ranting and raving about 499 00:27:27,280 --> 00:27:29,560 Speaker 1: as well. And it's just as an inlignement has been 500 00:27:29,560 --> 00:27:31,440 Speaker 1: saying all along the lines he's been telling over the 501 00:27:31,520 --> 00:27:34,280 Speaker 1: last four years in his whole entire life. But I 502 00:27:34,320 --> 00:27:36,160 Speaker 1: do think it's you know, really for the party. It's 503 00:27:36,200 --> 00:27:40,000 Speaker 1: said that he's continued to uh to question the results 504 00:27:40,000 --> 00:27:43,439 Speaker 1: of the elections, the outcome voter for the United States. 505 00:27:43,440 --> 00:27:46,240 Speaker 1: It's just utterly ridiculous, and it's not what the rank 506 00:27:46,280 --> 00:27:48,680 Speaker 1: and file Republican members of Congress won't to hear this. 507 00:27:48,920 --> 00:27:52,000 Speaker 1: They do not want to be defending this anymore. But 508 00:27:52,119 --> 00:27:54,080 Speaker 1: Rick Davis, I mean, when you talk to your sources 509 00:27:54,119 --> 00:27:57,760 Speaker 1: and you talk to Republican insiders, I mean you you've 510 00:27:57,880 --> 00:28:00,800 Speaker 1: said it on this program. I've talked with folks down 511 00:28:00,840 --> 00:28:03,920 Speaker 1: in Florida who have suggested that he is fully intending 512 00:28:03,960 --> 00:28:06,639 Speaker 1: to play a kingmaker in the mid terms, that he 513 00:28:06,720 --> 00:28:09,880 Speaker 1: is fully going to try to to ouse people like 514 00:28:10,280 --> 00:28:13,720 Speaker 1: Congressman Katko, who we just spoke with, I mean, and 515 00:28:13,720 --> 00:28:15,920 Speaker 1: and people like Congressman Kako. I mean, maybe they're not 516 00:28:15,960 --> 00:28:19,000 Speaker 1: saying it publicly, but behind the scenes are very concerned 517 00:28:19,000 --> 00:28:23,040 Speaker 1: about being primaried from the Trump contingency of the Republican Party. 518 00:28:23,240 --> 00:28:26,359 Speaker 1: Do they have the ability to to to fend off 519 00:28:26,400 --> 00:28:28,760 Speaker 1: the political attacks that are coming their way in just 520 00:28:28,840 --> 00:28:32,080 Speaker 1: a couple of months. Kevin is gonna be hard. Uh. 521 00:28:32,280 --> 00:28:36,560 Speaker 1: Congressman Kacko is one of the ten congressman Republicans who 522 00:28:36,640 --> 00:28:39,800 Speaker 1: voted for Trump's impeachment in the House, and and and 523 00:28:39,840 --> 00:28:42,040 Speaker 1: Trump has made no bones about the fact. He announced 524 00:28:42,040 --> 00:28:44,440 Speaker 1: it in uh his speech at Seapack that he was 525 00:28:44,480 --> 00:28:46,720 Speaker 1: going to go after him and and he will need 526 00:28:46,760 --> 00:28:49,960 Speaker 1: to be prepared. There are other congressmen who also voted 527 00:28:50,000 --> 00:28:53,240 Speaker 1: to impeach uh Donald Trump, who like Adam Kinsinger, who 528 00:28:53,280 --> 00:28:56,920 Speaker 1: have started supporting super pacts to try and build some 529 00:28:57,000 --> 00:29:00,400 Speaker 1: financial capability to oppose Trump's attacks that he's going to 530 00:29:00,800 --> 00:29:04,920 Speaker 1: bring down on those ten um House members. So, uh, 531 00:29:04,960 --> 00:29:07,960 Speaker 1: this is the politics that we know. I mean, Donald Trump. 532 00:29:08,000 --> 00:29:11,120 Speaker 1: I'm not sure I'd use the word kingmaker, because what 533 00:29:11,160 --> 00:29:14,120 Speaker 1: he wants to do is take people who are already 534 00:29:14,240 --> 00:29:17,840 Speaker 1: in office, run primaries against him and beat them, which 535 00:29:17,880 --> 00:29:21,480 Speaker 1: actually creates opportunities for Joe Crowley and his friends to 536 00:29:21,520 --> 00:29:23,680 Speaker 1: try and steal a few districts that otherwise would be 537 00:29:23,760 --> 00:29:30,880 Speaker 1: routinely Republican. Joe, I gotta switching gears just quickly. Elizabeth 538 00:29:30,920 --> 00:29:33,720 Speaker 1: Moran wants to to raise taxes on the wealthy. The 539 00:29:33,760 --> 00:29:36,480 Speaker 1: minimum wage debate no longer in going to be in 540 00:29:36,520 --> 00:29:39,680 Speaker 1: the stimulus in the Senate. There's this is there a 541 00:29:39,720 --> 00:29:43,280 Speaker 1: divide that is now exacerbated on the left. We've talked 542 00:29:43,280 --> 00:29:47,120 Speaker 1: about the right, but on the left, well, I think 543 00:29:47,120 --> 00:29:49,200 Speaker 1: there has to be a reality check here as well. 544 00:29:49,560 --> 00:29:51,600 Speaker 1: You only have a full vote, but charity of the House, 545 00:29:51,640 --> 00:29:55,360 Speaker 1: you have the Senate. But what is really accomplishable is 546 00:29:55,640 --> 00:29:58,600 Speaker 1: the question. And as we've seen right now, this bill, 547 00:29:58,720 --> 00:30:01,800 Speaker 1: this package is one point nine trillion dollar COVID release package, 548 00:30:02,200 --> 00:30:04,719 Speaker 1: is the first major bill of this presidency, and it 549 00:30:04,760 --> 00:30:07,840 Speaker 1: needs to get through. It needs Biden half to love 550 00:30:07,920 --> 00:30:10,960 Speaker 1: for the American people. That's important. We're gonna have more 551 00:30:10,960 --> 00:30:14,080 Speaker 1: opportunities to a toward the minimum wage and other progressive 552 00:30:14,120 --> 00:30:16,320 Speaker 1: ideas and try to work ways to get them through, 553 00:30:16,320 --> 00:30:18,960 Speaker 1: maybe even through reconciliation in the future. But right now, 554 00:30:19,080 --> 00:30:21,800 Speaker 1: job one is getting this bill through and signed by 555 00:30:22,240 --> 00:30:25,640 Speaker 1: March fourteen. So what's your dog's name? We couldn't think 556 00:30:25,680 --> 00:30:27,400 Speaker 1: of it in the in the group chat. I know 557 00:30:27,480 --> 00:30:32,520 Speaker 1: it's named after Springsteen, Bruce Springsteen. That's the Oh that 558 00:30:32,640 --> 00:30:34,680 Speaker 1: it's that simple. And it's Bruce all right? Because I 559 00:30:34,720 --> 00:30:36,480 Speaker 1: called Joe the other day to ask him to come on. 560 00:30:36,600 --> 00:30:39,480 Speaker 1: He was in the middle of running and walking the dog, 561 00:30:39,560 --> 00:30:41,719 Speaker 1: and I said, Joe, I didn't mean to interrupt the workout. 562 00:30:41,800 --> 00:30:45,120 Speaker 1: Joe Crowley, thanks for coming on. Appreciate it. Rick stays, 563 00:30:45,160 --> 00:30:47,720 Speaker 1: I'll stay too. Coming up next, Normal Rule. I'm Kevin Surreally. 564 00:30:47,840 --> 00:31:05,200 Speaker 1: This is Bloomberg. This is Bloomberg Sound on Bloomberg Radio. 565 00:31:06,480 --> 00:31:09,400 Speaker 1: My name is Kevin Surley, on the Chief Washington correspondent 566 00:31:09,440 --> 00:31:12,480 Speaker 1: for Bloomberg TV and Radio. Coming up tomorrow, a conversation 567 00:31:12,520 --> 00:31:17,000 Speaker 1: with Senator Elizabeth Warren. Don't miss that. We pivot now 568 00:31:17,080 --> 00:31:21,040 Speaker 1: back to Geo politics, and we do so with Bloomberg 569 00:31:21,080 --> 00:31:25,440 Speaker 1: Politics contributor Rick Davis and Norm Rule. He is a 570 00:31:25,480 --> 00:31:29,280 Speaker 1: former national intelligence manager for Iran and a former senior 571 00:31:29,320 --> 00:31:34,720 Speaker 1: CIA official. He specializes in all things Middle East. Norm. 572 00:31:34,760 --> 00:31:36,560 Speaker 1: It's great to have you back on the program. I'm 573 00:31:36,640 --> 00:31:40,680 Speaker 1: very appreciative of your time. Last week, President Biden took 574 00:31:40,760 --> 00:31:44,560 Speaker 1: his first military action when he launched a series of 575 00:31:44,600 --> 00:31:48,520 Speaker 1: strikes against Syria. It was largely praised by Republicans and 576 00:31:48,560 --> 00:31:52,400 Speaker 1: Democrats alike as being measured UH. And it was in 577 00:31:52,480 --> 00:31:58,160 Speaker 1: relation to Iran's backing UH and finangling really UH with 578 00:31:58,240 --> 00:32:03,120 Speaker 1: regards to some of the geopolitics in Syria. But regardless, 579 00:32:04,000 --> 00:32:08,560 Speaker 1: Iran has said that they're not going to really follow 580 00:32:08,640 --> 00:32:11,600 Speaker 1: what President Biden has wanted to do, which is to 581 00:32:11,680 --> 00:32:14,719 Speaker 1: restart nuclear disarmament talks. I've got sound on this from 582 00:32:14,720 --> 00:32:18,120 Speaker 1: White House Press Secretary Jen Saki, who spoke earlier today. 583 00:32:18,320 --> 00:32:20,400 Speaker 1: Here's the sound on this from Jen Psaki on Iran. 584 00:32:20,840 --> 00:32:24,200 Speaker 1: We're disappointed in Iran's response. We remain ready to re 585 00:32:24,320 --> 00:32:28,040 Speaker 1: engage in meaningful diplomacy to achieve a mutual return to 586 00:32:28,120 --> 00:32:33,840 Speaker 1: compliance with j c p o A commitments a norm. 587 00:32:34,040 --> 00:32:38,920 Speaker 1: You know, how have the US Iran relationship? How has 588 00:32:39,000 --> 00:32:43,640 Speaker 1: this administration already changed the approach? Well, good evening, Kevin, 589 00:32:43,680 --> 00:32:45,720 Speaker 1: It's great to be with you. The first thing is 590 00:32:45,840 --> 00:32:50,160 Speaker 1: the Biden administration sent awarding message to Iran through this strike. 591 00:32:50,400 --> 00:32:53,440 Speaker 1: By conducting the strike in Syria in response to an 592 00:32:53,480 --> 00:32:56,920 Speaker 1: attack that took place in your luck, Biden administration has 593 00:32:56,920 --> 00:33:00,280 Speaker 1: been able to punish Iran without destabilizing your rock. The 594 00:33:00,400 --> 00:33:04,440 Speaker 1: question is will Lauran take this message or Iran play 595 00:33:04,560 --> 00:33:07,280 Speaker 1: chicken and just presume that they can continue to be 596 00:33:07,280 --> 00:33:11,880 Speaker 1: aggressive and that we might cave eventually. Regarding the nuclear issue, 597 00:33:12,120 --> 00:33:15,520 Speaker 1: Iran is trying to raise the anti through its aggressive behavior, 598 00:33:15,800 --> 00:33:18,840 Speaker 1: hoping that to do so will encourage concessions. From the 599 00:33:18,920 --> 00:33:21,920 Speaker 1: United States and Europe. Thus far, that hasn't happened. But 600 00:33:22,000 --> 00:33:25,560 Speaker 1: Iran has a ways to go before it's reserves run out, 601 00:33:25,640 --> 00:33:29,400 Speaker 1: so it will attempt to continue to play the play 602 00:33:29,440 --> 00:33:32,200 Speaker 1: hardball with the US. Let me just ask a follow 603 00:33:32,320 --> 00:33:36,040 Speaker 1: up on this. How long until Iran's reserves run out? Well, 604 00:33:36,040 --> 00:33:38,240 Speaker 1: it depends on how they spend them. But Iran is 605 00:33:38,320 --> 00:33:41,840 Speaker 1: estimated they have about nine billion dollars that accessible reserves, 606 00:33:42,080 --> 00:33:44,800 Speaker 1: and that means they have additional reserves to bolster their 607 00:33:44,800 --> 00:33:47,760 Speaker 1: banking system, which is about the second worst in the world, 608 00:33:47,960 --> 00:33:51,640 Speaker 1: as well as their currency. But this, this, this accessible 609 00:33:51,680 --> 00:33:54,800 Speaker 1: reserve pool is what they used to buy raw materials 610 00:33:54,840 --> 00:33:58,360 Speaker 1: to sustain their economy. Depending on how they tightened belts 611 00:33:58,400 --> 00:34:01,440 Speaker 1: and how they spend it, it could last year, maybe 612 00:34:01,520 --> 00:34:04,960 Speaker 1: maybe two years. I should note that the Biden administrations 613 00:34:05,000 --> 00:34:08,440 Speaker 1: a parent of green light to the South Korean government 614 00:34:08,680 --> 00:34:11,480 Speaker 1: to provide some cash to run in order to release 615 00:34:11,480 --> 00:34:14,200 Speaker 1: the captured South Korean ship, could provide it wrong with 616 00:34:14,239 --> 00:34:17,480 Speaker 1: as much as one billion dollars possibly more, which would 617 00:34:17,520 --> 00:34:20,320 Speaker 1: certainly expand the amount of money it has to sustain 618 00:34:20,360 --> 00:34:23,600 Speaker 1: those precious imports. All right, let's go to another part 619 00:34:23,600 --> 00:34:25,960 Speaker 1: of the region, and that is Saudi Arabia. There was, 620 00:34:26,000 --> 00:34:28,920 Speaker 1: of course the Jamaica Showgy report that was released at 621 00:34:28,920 --> 00:34:32,480 Speaker 1: the end of last week UH and the Nick Wadham's 622 00:34:32,480 --> 00:34:35,600 Speaker 1: reports on the Bloomberg terminal. US calls tougher Saudi stands 623 00:34:35,880 --> 00:34:41,080 Speaker 1: a recalibration, not a rupture. Do you agree with that? Is? 624 00:34:41,080 --> 00:34:44,040 Speaker 1: Is this just a recalibration and and and what does 625 00:34:44,080 --> 00:34:48,600 Speaker 1: the what does this mean for US Saudi relations? Well, 626 00:34:48,640 --> 00:34:51,080 Speaker 1: I think it is a recalibration. We've already seen the 627 00:34:51,120 --> 00:34:54,880 Speaker 1: President to reduce his contact with the with the Saudi 628 00:34:54,920 --> 00:34:58,120 Speaker 1: Crown Prince and transfer that contact to the king. That's 629 00:34:58,160 --> 00:35:02,000 Speaker 1: that's traditional informal, but there have been numerous contexts between 630 00:35:02,000 --> 00:35:05,040 Speaker 1: our Secretary of Defense State as well as the National 631 00:35:05,080 --> 00:35:08,040 Speaker 1: Security Staff with the Saudis and the State Apartment with 632 00:35:08,080 --> 00:35:11,880 Speaker 1: the Saudis. Because we have important trade, energy, and regional 633 00:35:11,920 --> 00:35:15,360 Speaker 1: issues we can't simply ignore and we must continue to 634 00:35:15,520 --> 00:35:18,960 Speaker 1: exploit the relationship with the Saudis for a mutual national 635 00:35:19,000 --> 00:35:23,560 Speaker 1: security benefit. Hey, norm this Rick Davis. Thanks for being on. 636 00:35:23,600 --> 00:35:26,640 Speaker 1: This is really informative for our listeners, and I wonder 637 00:35:26,760 --> 00:35:29,320 Speaker 1: if you could elaborate to a little bit on leadership 638 00:35:29,400 --> 00:35:32,000 Speaker 1: because I know that it's always kind of hard to 639 00:35:32,040 --> 00:35:34,800 Speaker 1: figure out what's happening in the in the in the palace, 640 00:35:34,880 --> 00:35:38,040 Speaker 1: and and and what succession is like. And certainly MBS, 641 00:35:38,120 --> 00:35:39,799 Speaker 1: I think caught a lot of us by surprise when 642 00:35:39,800 --> 00:35:44,200 Speaker 1: he was elevated. But um, a lot of politicians in Washington, 643 00:35:44,239 --> 00:35:47,359 Speaker 1: and some including Lindsay Graham, have said, Look, our relationship 644 00:35:47,800 --> 00:35:51,120 Speaker 1: is with the country, not the individual. And and how 645 00:35:51,200 --> 00:35:56,200 Speaker 1: much of that is really what Biden is defining in that, Um, 646 00:35:56,680 --> 00:35:58,560 Speaker 1: we want to work with a country and the people 647 00:35:58,600 --> 00:36:02,440 Speaker 1: are ancillary to that. And secondly, is there any scenario 648 00:36:02,480 --> 00:36:06,800 Speaker 1: that you can imagine where MBS has so much pressure 649 00:36:06,800 --> 00:36:10,680 Speaker 1: on him because of the affair that he ultimately doesn't 650 00:36:10,719 --> 00:36:15,080 Speaker 1: accede to the king? Great question, So let me work backwards. 651 00:36:15,160 --> 00:36:17,880 Speaker 1: At this point, there is no evidence to indicate that 652 00:36:17,960 --> 00:36:22,440 Speaker 1: Mohammed bin Salman's hold on power and his likely ascension 653 00:36:22,520 --> 00:36:25,080 Speaker 1: to be king of Saudi Arabia, a rain which may 654 00:36:25,120 --> 00:36:28,160 Speaker 1: last as long as fifty years, is under any threat. 655 00:36:28,360 --> 00:36:32,919 Speaker 1: Security services appear loyal, the population appears to be behind him, 656 00:36:33,000 --> 00:36:35,719 Speaker 1: and indeed much of the population, which is very young 657 00:36:36,920 --> 00:36:39,959 Speaker 1: under the age of thirty five, support everything he's doing 658 00:36:40,000 --> 00:36:43,200 Speaker 1: to reform the country as as should we This said, 659 00:36:43,880 --> 00:36:46,360 Speaker 1: the Biden administration has made it clear there was a 660 00:36:46,360 --> 00:36:48,440 Speaker 1: new sheriff in tone, We're not going to have the 661 00:36:48,480 --> 00:36:52,160 Speaker 1: same type of relations, and the Saudi's must conduct themselves 662 00:36:52,200 --> 00:36:56,880 Speaker 1: according to a standard of international um behavior, which we 663 00:36:57,000 --> 00:36:59,360 Speaker 1: believe reasonable, and I think they will do so. I 664 00:36:59,360 --> 00:37:03,040 Speaker 1: think they learned found lesson from the Shogi affair, and 665 00:37:03,080 --> 00:37:07,000 Speaker 1: I personally believe they're unlikely to repeat this well. And 666 00:37:07,440 --> 00:37:10,080 Speaker 1: I think people often forget, but it was a democratic 667 00:37:10,120 --> 00:37:14,080 Speaker 1: president who won over the Saudis and with FDR and so, 668 00:37:14,160 --> 00:37:16,399 Speaker 1: and obviously that was you know, more than seventy five 669 00:37:16,480 --> 00:37:20,040 Speaker 1: years ago, norm But you know, this is a country 670 00:37:20,080 --> 00:37:24,960 Speaker 1: that has really in recent years, whether it's through MBS 671 00:37:25,000 --> 00:37:27,640 Speaker 1: and yes, not fast enough, but has tried to make 672 00:37:27,719 --> 00:37:32,520 Speaker 1: gains on on women's issues and other human rights issues. 673 00:37:32,600 --> 00:37:35,600 Speaker 1: But do you think the Biden administration has an opportunity 674 00:37:35,920 --> 00:37:40,439 Speaker 1: to continue to usher them into especially on the human 675 00:37:40,560 --> 00:37:45,800 Speaker 1: rights abuse front. I do. Indeed, the Saudi government, although 676 00:37:45,840 --> 00:37:48,239 Speaker 1: this doesn't receive a lot of publicity, although you could 677 00:37:48,239 --> 00:37:50,759 Speaker 1: read about it in the open press, has undertaken a 678 00:37:50,840 --> 00:37:54,080 Speaker 1: number of human rights reforms to its legal system to 679 00:37:54,200 --> 00:37:59,480 Speaker 1: remove the influence of hardline Islamic clerics in its court system. 680 00:37:59,719 --> 00:38:01,680 Speaker 1: It will take some time to do this, but they're 681 00:38:01,719 --> 00:38:05,320 Speaker 1: moving their social structure exactly to the area where we 682 00:38:05,360 --> 00:38:08,280 Speaker 1: would like them to go to becoming a modern society, 683 00:38:08,480 --> 00:38:10,400 Speaker 1: and it's where the people of the country want to 684 00:38:10,440 --> 00:38:13,759 Speaker 1: go most importantly. So as you look in terms of 685 00:38:13,800 --> 00:38:17,680 Speaker 1: the congressional avenues here just in the region, I mean, 686 00:38:17,800 --> 00:38:20,600 Speaker 1: the last couple of years and the Trump administrations, as 687 00:38:20,640 --> 00:38:22,719 Speaker 1: you and I have talked about on this program, have 688 00:38:22,840 --> 00:38:27,120 Speaker 1: been very UH transformational in terms of the geopolitics of 689 00:38:27,160 --> 00:38:29,440 Speaker 1: the Middle East in relation to the United States. What 690 00:38:29,520 --> 00:38:32,960 Speaker 1: do you forecast UH is going to be the common 691 00:38:33,000 --> 00:38:37,239 Speaker 1: thread for that particular region over the next couple of 692 00:38:37,280 --> 00:38:40,840 Speaker 1: years in the Biden administration. So the Biden administration is 693 00:38:40,840 --> 00:38:44,680 Speaker 1: going to seek stability and quiet and to avoid any 694 00:38:44,680 --> 00:38:47,080 Speaker 1: sort of conflict. And here the societies can play a 695 00:38:47,080 --> 00:38:51,200 Speaker 1: profound role. For example, as we pull ourselves out of Afghanistan, 696 00:38:51,320 --> 00:38:54,680 Speaker 1: we need someone to convince the talabunt to allow women 697 00:38:54,719 --> 00:38:57,719 Speaker 1: to play their role in afghanis society. I think well, 698 00:38:57,800 --> 00:39:00,200 Speaker 1: all of your listeners will agree that the people who 699 00:39:00,280 --> 00:39:02,840 Speaker 1: ruled Mecca and Medina will have a greater likelihood of 700 00:39:02,840 --> 00:39:05,120 Speaker 1: being able to do that than the people who run Washington. 701 00:39:05,440 --> 00:39:07,960 Speaker 1: It's there where we needed societies to play the role, 702 00:39:08,040 --> 00:39:11,600 Speaker 1: to push back on militancy extremists and to show that 703 00:39:11,680 --> 00:39:14,640 Speaker 1: they can be part of the solutions for the next century. 704 00:39:15,000 --> 00:39:17,040 Speaker 1: You know, Norm, I gotta be honest. You're always the 705 00:39:17,040 --> 00:39:19,520 Speaker 1: guest that Christine Barata are executive producer and I we 706 00:39:19,560 --> 00:39:23,840 Speaker 1: always say we wish we had more time. We greatly 707 00:39:23,880 --> 00:39:26,960 Speaker 1: appreciate you stopping by Bloomberg Radio to talk about these 708 00:39:27,000 --> 00:39:30,600 Speaker 1: important important issues. Norm rule everybody. He of course is 709 00:39:30,640 --> 00:39:34,480 Speaker 1: a senior U s Intelligence former senior US Intelligence official 710 00:39:34,520 --> 00:39:38,200 Speaker 1: who has a great deep understanding of the geopolitics in 711 00:39:38,239 --> 00:39:41,320 Speaker 1: the region. I also want to thank Rick Davis for spending, 712 00:39:41,320 --> 00:39:43,400 Speaker 1: of course the hour with us. Rick, we covered a 713 00:39:43,440 --> 00:39:45,680 Speaker 1: lot of ground today. We've been around the world twice. 714 00:39:45,719 --> 00:39:49,640 Speaker 1: Today We've we've been around the world twice. Today uh 715 00:39:49,840 --> 00:39:52,680 Speaker 1: March is Women's History mont The Bloomberg Radio is looking 716 00:39:52,719 --> 00:39:55,000 Speaker 1: back at some of those who have played a vital 717 00:39:55,120 --> 00:39:58,160 Speaker 1: role in American history. Here with today's installment is Bloomberg 718 00:39:58,280 --> 00:40:00,840 Speaker 1: or need a young on this day in Women's History. 719 00:40:01,120 --> 00:40:05,160 Speaker 1: In nineteen twelve, Isabella Goodwin is appointed the first female 720 00:40:05,320 --> 00:40:08,640 Speaker 1: US detective. She started in the New York City Police 721 00:40:08,640 --> 00:40:12,720 Speaker 1: Department as a police matron, overseeing female inmates and cleaning 722 00:40:12,800 --> 00:40:16,640 Speaker 1: jail sales. But a bank heist made national headlines and 723 00:40:16,680 --> 00:40:20,520 Speaker 1: the police department asked Goodwin to step in. She posed 724 00:40:20,560 --> 00:40:23,960 Speaker 1: as a maid and infiltrated a CD boarding house. The 725 00:40:24,000 --> 00:40:26,920 Speaker 1: information Goodwin found out led to the arrest of a 726 00:40:27,000 --> 00:40:31,600 Speaker 1: gangster named Eddie the boob Kinsman. The department rewarded Goodwin 727 00:40:31,640 --> 00:40:35,600 Speaker 1: with the first grade Detective Shield. If her story sounds familiar, 728 00:40:35,640 --> 00:40:38,040 Speaker 1: you might have seen it on TV. In the recent 729 00:40:38,120 --> 00:40:42,040 Speaker 1: TV series The Alienist, based on Caleb Carr's novel of 730 00:40:42,040 --> 00:40:46,440 Speaker 1: the same name, Dakota Fanning plays Sarah Howard, who's based 731 00:40:46,480 --> 00:40:50,640 Speaker 1: on Isabella Goodwin. That's today in women's history. I'm many 732 00:40:50,760 --> 00:40:55,120 Speaker 1: a young Bloomberg radio coming out tomorrow, Senator Elizabeth Warren, 733 00:40:55,120 --> 00:40:57,320 Speaker 1: Hey Rick Davis, Do you know the piece of legislation 734 00:40:57,360 --> 00:41:00,520 Speaker 1: that she introduced with your former boss John McCain, No, 735 00:41:00,719 --> 00:41:03,200 Speaker 1: which one is it? Did I stump Rick Davis? The 736 00:41:03,239 --> 00:41:06,960 Speaker 1: Glass Stiegel the reintroduction of glass Stiegel. That's what we 737 00:41:07,000 --> 00:41:10,480 Speaker 1: tried to talk him out of that. Frankly, I've Kevin 738 00:41:10,560 --> 00:41:11,840 Speaker 1: surreally this is Bloomberg,