WEBVTT - FBI Raids Trump’s Florida Home

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<v Speaker 1>Stunning development and the ongoing legal battles involving former President Trump.

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<v Speaker 1>For the first time in history, a search warrant executed

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<v Speaker 1>at the home of a former president, and let's find

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<v Speaker 1>out more this morning, joined by Joe Matthew, the host

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<v Speaker 1>of Bloomberg's Sound On. Joe, thanks for me with us.

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<v Speaker 1>There are a couple of ways that the law enforcement

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<v Speaker 1>can get stuff that they want, either through a subpoena

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<v Speaker 1>or a search warrant. In the distinction is important here, well,

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<v Speaker 1>it is, and this is you know, we want to

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<v Speaker 1>be careful here in the way we're framing this. People

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<v Speaker 1>are using the word raid because that's what Donald Trump

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<v Speaker 1>called it in his statement to the media last night.

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<v Speaker 1>This was a search warrant facilitated by the Secret Service,

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<v Speaker 1>So I just want to be clear. They weren't knocking

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<v Speaker 1>down doors, there were no battering rams. People were not

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<v Speaker 1>taken into custody. And this brings us back to January

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<v Speaker 1>when the National Archives first went in to retrieve fifteen

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<v Speaker 1>boxes at that point of documents and items from mar

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<v Speaker 1>A Lago that should have been turned over when Trump

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<v Speaker 1>left the White House. At that time, they said they

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<v Speaker 1>were continuing to search for additional records, and they have

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<v Speaker 1>been asking the Trump former White House, the former administration

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<v Speaker 1>to hand these over ever since. So what we saw yesterday,

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<v Speaker 1>just to be clear, was was a very deliberate search

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<v Speaker 1>facilitated by the Secret Service, approved by a judge. And

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<v Speaker 1>you cannot get a search warrant like this unless you

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<v Speaker 1>not only make the case of probable cause, but you

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<v Speaker 1>also have to be specific about what you are looking for. Now,

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<v Speaker 1>granted they took a lot of boxes out of there,

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<v Speaker 1>they got into the safe, they could be looking for

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<v Speaker 1>as little as one document, as far as we know,

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<v Speaker 1>if it is top secret, that's all it would take

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<v Speaker 1>to trigger that search yesterday. Is it implicit that not

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<v Speaker 1>going the root of a subpoena, Uh, they thought that

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<v Speaker 1>they wouldn't get it. Otherwise that's possible. We don't know this.

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<v Speaker 1>We have to remember, of course, that there have been

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<v Speaker 1>a lot of reports about Donald Trump disposing of documents,

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<v Speaker 1>tearing them up, flushing them down the toilet, and in fact,

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<v Speaker 1>some of the documents that were provided to the National

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<v Speaker 1>Archives at the beginning of the or as I mentioned

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<v Speaker 1>in January uh, in fact had been taped back together.

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<v Speaker 1>They were torn up, thrown away and they had to

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<v Speaker 1>be reconstructed at the White House. All of that violates

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<v Speaker 1>the Presidential Records Act. Do we know what the documents

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<v Speaker 1>they were looking for possibly relate to? We We really don't.

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<v Speaker 1>And this is where it gets interesting here, Like, look,

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<v Speaker 1>just about every administration people should also understand this have

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<v Speaker 1>had some violation of the Presidential Records Act. The Washington

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<v Speaker 1>Post reminds us this morning, Bill and Hillary Clinton had

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<v Speaker 1>to return twenty eight thousand dollars in furnishings that they

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<v Speaker 1>said we're gifts were actually property of the White House.

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<v Speaker 1>We've just never seen anything on this scale. So it

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<v Speaker 1>does imply that this is important. This is a top

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<v Speaker 1>secret memo, It could be a series of documents, and

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<v Speaker 1>it also John could be tied potentially to the Department

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<v Speaker 1>of Justices January six investigation. That remains completely unclear to us.

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<v Speaker 1>And we have to be honest about how little we know. Okay,

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<v Speaker 1>so what is the former president and what are his

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<v Speaker 1>supporters saying at this point? Well, it's you know, it's

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<v Speaker 1>a doom scroll. This morning on Twitter, Kevin McCarthy was

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<v Speaker 1>quick to tweet, this is the Minority leader that he

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<v Speaker 1>promises an investigation into this. He will be specifically investigating

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<v Speaker 1>Merrick Garland. He tweeted to him, he said, put the

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<v Speaker 1>date on your calendar, assuming that he becomes speaker after

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<v Speaker 1>the mid terms. New oversight to the FBI Marjorie Taylor

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<v Speaker 1>Green among others. Uh, in Trump's uh ecosphere, if you will,

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<v Speaker 1>are calling for defunding the FBI, not unlike defund the police.

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<v Speaker 1>Now this is the new defund the FBI. Uh. Matt Gates,

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<v Speaker 1>another Trump supporter congressman, refers to January six as the

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<v Speaker 1>FED surrection. So this really reinforces this allergy that Trump

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<v Speaker 1>supporters have to federal law enforcement. Well, can the former

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<v Speaker 1>president metaphorically sent fire to the Justice Department with his

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<v Speaker 1>supporters to evade responsibility? Could I ask the question again,

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<v Speaker 1>could he do what? Could he metaphorically set fire to

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<v Speaker 1>the Justice Department at this point? Well, if he got reelected,

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<v Speaker 1>I suppose, but I'm not sure if you mean Donald Trump,

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<v Speaker 1>I'm not sure what's way he would have over the

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<v Speaker 1>Justice Department right now. If Republicans take the majority in

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<v Speaker 1>the House, you're gonna see a lot of hearings. But

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<v Speaker 1>that does not necessarily do anything to change the case

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<v Speaker 1>for Donald Trump. And what does it do to change

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<v Speaker 1>the case, possibly for the general election. That's a great question,

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<v Speaker 1>and it's pretty difficult to roll out more than two

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<v Speaker 1>years at the moment. Here. I would remind you, though,

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<v Speaker 1>that Christopher Ray, the FBI director, was selected by President

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<v Speaker 1>Trump after he fired director Come and uh, although you

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<v Speaker 1>would not necessarily expect, you know, such a bold move

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<v Speaker 1>a hundred days before the midterm elections for violating the

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<v Speaker 1>Presidential Records Act, never mind elections. All right, Joe, thanks

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<v Speaker 1>very much. Well, before you go, what do we look

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<v Speaker 1>for next? Well, gosh, that's a great question. Look, Donald

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<v Speaker 1>Trump would also, it strikes me have a copy of

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<v Speaker 1>that warrant. I think that we will. We will have

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<v Speaker 1>to learn at some point what it is they were

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<v Speaker 1>looking for. But knowing that they have laptops, hard drives,

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<v Speaker 1>documents and so forth, there's gonna be weeks, if not months,

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<v Speaker 1>of download and ingesting data, could be some time before

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<v Speaker 1>we understand, unless, of course, the FBI is a little leaky,

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<v Speaker 1>and that we might know as soon as today. Joe,

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<v Speaker 1>always a pleasure, appreciate it. Joe Matthew hosts a Boomberg

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<v Speaker 1>sound on on