1 00:00:02,160 --> 00:00:06,440 Speaker 1: Live from our nation's capital. This is Bloomberg Sound On. 2 00:00:07,520 --> 00:00:10,080 Speaker 1: No president should be able to sustain booth on the 3 00:00:10,080 --> 00:00:14,080 Speaker 1: ground without congressional approval and without a clear explanation of 4 00:00:14,160 --> 00:00:16,560 Speaker 1: what the mission is and what the endgame is. This 5 00:00:16,720 --> 00:00:20,360 Speaker 1: isn't really about the chonomic policy. This is about the coronavirus. 6 00:00:20,400 --> 00:00:25,439 Speaker 1: Floomberg Sound On, Politics, Policy and perspective from DC's top name. 7 00:00:25,920 --> 00:00:29,000 Speaker 1: We must use every school possible to defeat the default 8 00:00:29,040 --> 00:00:32,120 Speaker 1: on women's reproductive rights. This is a steady growth that 9 00:00:32,159 --> 00:00:33,960 Speaker 1: we're seeing here in our economy, you know, over the 10 00:00:34,000 --> 00:00:38,599 Speaker 1: last three months. Bloomberg Sound On with Joe Matthew on 11 00:00:38,800 --> 00:00:43,640 Speaker 1: Bloomberg Radio. We are alive with breaking news from Washington, 12 00:00:43,760 --> 00:00:47,520 Speaker 1: where an FDA advisory panel has just voted to recommend 13 00:00:47,520 --> 00:00:51,559 Speaker 1: approval of a fiser booster shot, at least for older 14 00:00:51,600 --> 00:00:54,880 Speaker 1: and more vulnerable Americans. This after rejecting a third shot 15 00:00:54,880 --> 00:00:58,639 Speaker 1: of the vaccine for the general population an hour earlier. 16 00:00:58,720 --> 00:01:01,840 Speaker 1: Confused yet, We'll talk about it with Bloomberg Health reporter 17 00:01:01,880 --> 00:01:05,319 Speaker 1: Angelica Levito, and more with Dr Peter Lory, president of 18 00:01:05,319 --> 00:01:08,440 Speaker 1: the Center for Science and the Public Interest, formally with 19 00:01:08,520 --> 00:01:10,280 Speaker 1: the f d A give us a peek inside of 20 00:01:10,280 --> 00:01:12,400 Speaker 1: this conversation, maybe get a sense of where we're going. 21 00:01:13,000 --> 00:01:15,920 Speaker 1: And later we'll talk with security firm Kroll about security 22 00:01:15,920 --> 00:01:18,479 Speaker 1: around the Capitol ahead of this weekend's J six rally 23 00:01:18,560 --> 00:01:21,560 Speaker 1: as they're calling it. As well, today our Friday Reporters 24 00:01:21,640 --> 00:01:25,840 Speaker 1: round table with Bloomberg Government's Jack Fitzpatrick and Bloomberg Radio 25 00:01:25,880 --> 00:01:29,320 Speaker 1: and TV political director Jody Schneider. The first word came 26 00:01:29,360 --> 00:01:33,000 Speaker 1: down this afternoon from the FDA's advisory panel on whether 27 00:01:33,040 --> 00:01:36,039 Speaker 1: to recommend approval of the Fiser booster shot for the 28 00:01:36,080 --> 00:01:39,520 Speaker 1: general population and by that I mean people sixteen and over. 29 00:01:41,880 --> 00:01:45,600 Speaker 1: This the vote did not pass since the majority vote 30 00:01:45,600 --> 00:01:50,040 Speaker 1: didn't know. Thank you, Thank you, final tally sixteen to two. 31 00:01:50,120 --> 00:01:53,000 Speaker 1: After members of the committee heard conflicting data throughout the day. 32 00:01:53,040 --> 00:01:56,040 Speaker 1: It was an hour's long meeting, adding to the confusion 33 00:01:56,080 --> 00:01:59,120 Speaker 1: around all. This followed by another vote. They took a 34 00:01:59,160 --> 00:02:02,880 Speaker 1: second vote, This just happened unanimously recommending boosters for people 35 00:02:02,960 --> 00:02:07,240 Speaker 1: over sixty five and those considered at high risk, generating 36 00:02:07,240 --> 00:02:10,280 Speaker 1: the headline on the terminal. FDA advisors back a narrower 37 00:02:10,400 --> 00:02:15,560 Speaker 1: authorization for Visor booster and we're joined for the latest 38 00:02:15,720 --> 00:02:19,600 Speaker 1: on this by Bloomberg Health reporter Angelica Levito, Angelica, we 39 00:02:19,639 --> 00:02:21,400 Speaker 1: thank you for joining us. Did you expect such an 40 00:02:21,400 --> 00:02:25,600 Speaker 1: overwhelming results on people sixteen and over, Well, I think 41 00:02:25,639 --> 00:02:28,520 Speaker 1: it came clear throughout the day that there was a 42 00:02:28,639 --> 00:02:32,560 Speaker 1: lot of skepticism that every single person who has already 43 00:02:32,560 --> 00:02:36,240 Speaker 1: gotten two shots needed a third. So as the day 44 00:02:36,280 --> 00:02:39,400 Speaker 1: went on, I think I wasn't really surprised to see 45 00:02:39,440 --> 00:02:42,520 Speaker 1: that they went the way they did. However, it was 46 00:02:42,639 --> 00:02:46,480 Speaker 1: unusual to watch them just changing course in real time 47 00:02:46,520 --> 00:02:50,080 Speaker 1: and literally writing the second vote in the middle of 48 00:02:50,120 --> 00:02:53,400 Speaker 1: their break after they rejected the first one, so that 49 00:02:53,520 --> 00:02:56,400 Speaker 1: wasn't planned. They decided to go back in for that vote, 50 00:02:56,440 --> 00:02:59,160 Speaker 1: kind of a game day call here today. They did 51 00:02:59,240 --> 00:03:02,120 Speaker 1: because it was so obvious that people kept saying over 52 00:03:02,160 --> 00:03:05,920 Speaker 1: and over, we're okay recommending a booster for people who 53 00:03:05,919 --> 00:03:08,400 Speaker 1: are sixty five and older or at high risk, but 54 00:03:08,520 --> 00:03:12,520 Speaker 1: we are not comfortable recommending people who are sixteen, in 55 00:03:12,520 --> 00:03:15,799 Speaker 1: their twenties maybe even getting this third shot. So they 56 00:03:15,840 --> 00:03:19,400 Speaker 1: decided to to narrow that recommendation down to make people 57 00:03:19,400 --> 00:03:22,880 Speaker 1: feel better. So, Angelica, this is the first step. Right. 58 00:03:22,919 --> 00:03:24,960 Speaker 1: We're now going to have to wait to hear from 59 00:03:24,960 --> 00:03:27,679 Speaker 1: the full agency and the FDA typically does what this 60 00:03:27,720 --> 00:03:30,760 Speaker 1: panel tells it to do, right exactly, So this is 61 00:03:30,840 --> 00:03:34,080 Speaker 1: just an advisory committee. They are not members of the 62 00:03:34,080 --> 00:03:36,160 Speaker 1: f d A. I mean, members of the FDA do 63 00:03:36,440 --> 00:03:39,840 Speaker 1: sit on these meetings and weigh in, but these are 64 00:03:40,040 --> 00:03:45,040 Speaker 1: simply advisors and the agency can now decide to follow 65 00:03:45,080 --> 00:03:48,440 Speaker 1: the recommendation or go their own way. And typically the 66 00:03:48,520 --> 00:03:51,960 Speaker 1: f d A does follow the recommendation, but that's not 67 00:03:52,080 --> 00:03:55,240 Speaker 1: always the case. So now we will wait to see 68 00:03:55,240 --> 00:03:58,320 Speaker 1: what they do, and if they do approve a booster 69 00:03:58,400 --> 00:04:01,040 Speaker 1: for at least some people, then next week we will 70 00:04:01,080 --> 00:04:04,760 Speaker 1: see this c d C S advisory committee talk about 71 00:04:04,840 --> 00:04:09,520 Speaker 1: how to exactly narrow those recommendations we had back when 72 00:04:09,560 --> 00:04:14,560 Speaker 1: the vaccines were originally being approved. We hear from the panel, 73 00:04:14,560 --> 00:04:16,400 Speaker 1: and then within a day or two we'd hear from 74 00:04:16,400 --> 00:04:19,479 Speaker 1: the full agency. Do you expect that quicker turnaround? And 75 00:04:19,480 --> 00:04:21,800 Speaker 1: then we've got the c d C next week. If 76 00:04:21,800 --> 00:04:24,480 Speaker 1: the FDA says no, will the c d C follow? 77 00:04:25,320 --> 00:04:28,880 Speaker 1: You're exactly right. We've seen the f d A responding 78 00:04:29,080 --> 00:04:32,599 Speaker 1: almost within hours of its advisory meetings. This one is 79 00:04:32,640 --> 00:04:35,880 Speaker 1: a little bit more contentious, so I wouldn't be surprised. 80 00:04:35,960 --> 00:04:39,880 Speaker 1: And since the CDC advisory meeting is already scheduled for 81 00:04:40,080 --> 00:04:43,440 Speaker 1: mid next week. They have some breathing room. There's less pressure, 82 00:04:43,480 --> 00:04:46,000 Speaker 1: I think, whereas before it was we need to get 83 00:04:46,040 --> 00:04:48,520 Speaker 1: these shots out as fast as we can so we 84 00:04:48,560 --> 00:04:52,320 Speaker 1: can get them into the arms of the American public. Lastly, Angelica, 85 00:04:52,360 --> 00:04:55,400 Speaker 1: what about Maderna, What about J and JA? Those are separate. 86 00:04:55,400 --> 00:04:57,840 Speaker 1: We're talking Fiser exclusively here, right, Will there be other 87 00:04:57,920 --> 00:05:00,640 Speaker 1: votes on the other vaccines we're talking king about Fightser 88 00:05:00,720 --> 00:05:04,360 Speaker 1: specifically today. Maderna does have an application for its own 89 00:05:04,360 --> 00:05:07,680 Speaker 1: booster shot, and J and J we still, um, it's 90 00:05:07,720 --> 00:05:11,520 Speaker 1: still not clear whether people will get a booster a 91 00:05:11,640 --> 00:05:14,880 Speaker 1: second shot in that case, and so it's still really 92 00:05:14,920 --> 00:05:17,599 Speaker 1: early to know. Um. I think that's something that a 93 00:05:17,640 --> 00:05:20,000 Speaker 1: lot of people I've heard are frustrated if they've gotten 94 00:05:20,080 --> 00:05:22,760 Speaker 1: J and J, and something that health officials will have 95 00:05:22,839 --> 00:05:27,000 Speaker 1: to try to communicate effectively, especially if they do approve 96 00:05:27,040 --> 00:05:29,440 Speaker 1: the Visor booster, they have to make it clear that 97 00:05:29,480 --> 00:05:34,200 Speaker 1: it's just for Fiser. Great reporting today from Angelica Vido 98 00:05:34,279 --> 00:05:35,800 Speaker 1: in the great City of Boston. We thank you for 99 00:05:35,839 --> 00:05:39,040 Speaker 1: coming on Angelica in the clutch here. This stuff all 100 00:05:39,120 --> 00:05:41,280 Speaker 1: just broken. We want to continue the conversation with someone 101 00:05:41,320 --> 00:05:44,120 Speaker 1: who's very familiar with the inner workings of the agency. 102 00:05:44,200 --> 00:05:46,679 Speaker 1: Dr Peter Laurie is president of the Center for Science 103 00:05:46,760 --> 00:05:50,279 Speaker 1: in the Public Interest, former Associate Commissioner for Public Health 104 00:05:50,279 --> 00:05:53,599 Speaker 1: Strategy and Analysis at the f D. A doctor welcome. 105 00:05:54,200 --> 00:05:57,719 Speaker 1: Did the panel do the right thing today? You know, 106 00:05:57,800 --> 00:05:59,799 Speaker 1: I think they did. Um. You know, it was a 107 00:06:00,120 --> 00:06:03,040 Speaker 1: a tough meeting to be sure. Um. You know, one 108 00:06:03,240 --> 00:06:06,360 Speaker 1: vote that turned out unfavorably, I dare say, for at 109 00:06:06,400 --> 00:06:11,240 Speaker 1: least leaders at the agency UM followed by a modification UM, 110 00:06:11,240 --> 00:06:14,479 Speaker 1: which was a form of consensus, really unanimity. So I 111 00:06:14,480 --> 00:06:18,040 Speaker 1: think they got it right in the end. What do 112 00:06:18,080 --> 00:06:21,160 Speaker 1: you make of the confusion that has been wrought here 113 00:06:21,560 --> 00:06:23,719 Speaker 1: starting with the White House kind of getting ahead of 114 00:06:23,760 --> 00:06:29,640 Speaker 1: the agency's recommending that booster shots begin Monday this next week. 115 00:06:29,680 --> 00:06:32,360 Speaker 1: When the President spoke a month ago, were we were 116 00:06:32,360 --> 00:06:35,599 Speaker 1: looking ahead to that week in September? Uh. This is 117 00:06:35,640 --> 00:06:38,320 Speaker 1: the concern, right that people say, you know what, I'm 118 00:06:38,360 --> 00:06:40,560 Speaker 1: done with these vaccines. They don't know if they're common 119 00:06:40,640 --> 00:06:45,760 Speaker 1: are going well. I certainly hope they don't reach that conclusion, 120 00:06:45,800 --> 00:06:49,159 Speaker 1: because these are vaccines that are extraordinarily effective and a 121 00:06:49,240 --> 00:06:53,600 Speaker 1: true accomplishment of science in getting them to us as 122 00:06:53,680 --> 00:06:57,400 Speaker 1: quickly as we've been able to. UM. I do think though, 123 00:06:57,400 --> 00:06:59,440 Speaker 1: that the White House got a little bit ahead of 124 00:06:59,480 --> 00:07:04,000 Speaker 1: itself in this case by in effect endorsing vaccines more 125 00:07:04,000 --> 00:07:07,440 Speaker 1: widely before doing what we always do, which is go 126 00:07:07,880 --> 00:07:11,600 Speaker 1: to the FDA and then to the CDC. UM and 127 00:07:11,680 --> 00:07:13,800 Speaker 1: so I think there was a perception that there was 128 00:07:13,840 --> 00:07:17,200 Speaker 1: pressure on the agency. UM. I think that the advisors 129 00:07:17,240 --> 00:07:20,120 Speaker 1: understood that. I think they pushed back against it. I 130 00:07:20,200 --> 00:07:22,880 Speaker 1: think they in effect stood up for the agency and 131 00:07:22,920 --> 00:07:25,680 Speaker 1: its independence UM. And I think it's something of a 132 00:07:25,760 --> 00:07:28,640 Speaker 1: rebuke to the White House EVENTUM. On the other hand, 133 00:07:28,800 --> 00:07:32,280 Speaker 1: I think what the White House will likely say is, look, 134 00:07:32,760 --> 00:07:36,280 Speaker 1: we were always going to prioritize people of what a 135 00:07:36,440 --> 00:07:40,200 Speaker 1: view in any case, people at high risk. We were 136 00:07:40,200 --> 00:07:42,760 Speaker 1: always going to go with them first. So we'll be 137 00:07:42,800 --> 00:07:45,440 Speaker 1: able to start as soon as possible with them anyway, 138 00:07:45,760 --> 00:07:48,840 Speaker 1: and they'll probably call it a victory. DR. This is 139 00:07:48,880 --> 00:07:52,440 Speaker 1: President Biden one month ago, depending approval from the Food 140 00:07:52,440 --> 00:07:57,280 Speaker 1: and Drug Administration, the CDC's committee. I'm outside experts, we'll 141 00:07:57,280 --> 00:08:00,720 Speaker 1: be ready to start these boosters, this booster program during 142 00:08:00,720 --> 00:08:05,120 Speaker 1: the week of September twenty, in which time anyone vaccinated 143 00:08:05,880 --> 00:08:09,280 Speaker 1: honored before January twenty will be eligible to get a 144 00:08:09,320 --> 00:08:11,680 Speaker 1: booster shop. Do you have a sense of who was 145 00:08:11,720 --> 00:08:14,720 Speaker 1: advising the White House on this and why the confusion 146 00:08:14,760 --> 00:08:19,520 Speaker 1: between agencies? Well, you know, I think there's even frankly 147 00:08:19,800 --> 00:08:23,320 Speaker 1: confusion within agencies, and that's even in its way more upsetting. 148 00:08:23,320 --> 00:08:25,880 Speaker 1: I mean, I don't think that the White househood from 149 00:08:25,880 --> 00:08:29,360 Speaker 1: its usual advisors Dr. Fauci, Dr Murphy, the Surgeon General 150 00:08:29,400 --> 00:08:32,760 Speaker 1: and others um And they made that decision, but they 151 00:08:32,800 --> 00:08:36,560 Speaker 1: were supported in that by senior officials at FDA, the 152 00:08:36,640 --> 00:08:40,280 Speaker 1: Acting Commissioner, Dr Woodcock, and the head of the biologic 153 00:08:40,440 --> 00:08:45,960 Speaker 1: Center it's called, which includes vaccines, Dr. Marks. But extraordinarily, 154 00:08:46,679 --> 00:08:50,160 Speaker 1: just this past week, a couple of slightly more junior 155 00:08:50,240 --> 00:08:53,520 Speaker 1: people at FDA pendant article in the launch of the 156 00:08:53,600 --> 00:08:56,760 Speaker 1: leading British medical journal in which they took issue with 157 00:08:57,160 --> 00:09:00,719 Speaker 1: the position of the President, Dr Woodcock, Dr bos in 158 00:09:00,760 --> 00:09:04,320 Speaker 1: effect um, and so the whole meeting had that as 159 00:09:04,360 --> 00:09:06,880 Speaker 1: a as a kind of a subtext to it um. 160 00:09:07,000 --> 00:09:10,800 Speaker 1: In the end, I dare say that more junior folks 161 00:09:11,480 --> 00:09:14,800 Speaker 1: at f D a U probably one the day because 162 00:09:14,840 --> 00:09:18,880 Speaker 1: they came out in their article against widespread boost of vaccination. 163 00:09:20,679 --> 00:09:24,120 Speaker 1: We actually all know people Maybe maybe you don't, but 164 00:09:24,920 --> 00:09:27,080 Speaker 1: a lot of people have already taken it upon themselves 165 00:09:27,160 --> 00:09:29,960 Speaker 1: to get boosters in some states where they're available. Doctor, 166 00:09:30,120 --> 00:09:32,079 Speaker 1: Is that going to become a health risk or does 167 00:09:32,120 --> 00:09:35,840 Speaker 1: that add to the confusion. Is that a concern of yours? Well? 168 00:09:35,880 --> 00:09:40,480 Speaker 1: I think it is a concern. Um. You know, ideally 169 00:09:40,520 --> 00:09:43,880 Speaker 1: people follow the recommendations of the FDA once they're finalized, 170 00:09:43,920 --> 00:09:46,560 Speaker 1: and as you reporter pointed out, they haven't quite been, 171 00:09:46,679 --> 00:09:48,920 Speaker 1: and once we've put it from the CDC as well, 172 00:09:49,000 --> 00:09:51,880 Speaker 1: which we also haven't yet. But assuming it goes the 173 00:09:51,960 --> 00:09:54,319 Speaker 1: same way as this though today, and I would speculate 174 00:09:54,320 --> 00:09:57,840 Speaker 1: that it will. Um, you know, following those guidelines is 175 00:09:57,840 --> 00:10:00,920 Speaker 1: the most orderly way to get vaccine to the people 176 00:10:01,000 --> 00:10:04,040 Speaker 1: most at risk. So, um, you know, if some of 177 00:10:04,040 --> 00:10:07,439 Speaker 1: these folks who are pushing hard to get vaccines, even 178 00:10:07,480 --> 00:10:12,200 Speaker 1: though they would be indicated for you know them, based 179 00:10:12,240 --> 00:10:15,520 Speaker 1: on this vote, if they're pushing aside folks who really 180 00:10:15,559 --> 00:10:18,040 Speaker 1: ought to be getting the vaccine, and that's a problem. 181 00:10:18,080 --> 00:10:21,320 Speaker 1: We should try to keep things orderly. Um. And my 182 00:10:21,400 --> 00:10:24,400 Speaker 1: guess that will be the order prescribed by the vote. Today, 183 00:10:24,679 --> 00:10:28,240 Speaker 1: Dr lor you mentioned Janet Woodcock, the the acting commissioner 184 00:10:28,400 --> 00:10:30,640 Speaker 1: for the FDA, who is now reportedly not in the 185 00:10:30,720 --> 00:10:33,760 Speaker 1: race for the permanent position. I just wonder, from a 186 00:10:33,840 --> 00:10:37,440 Speaker 1: from a management standpoint, from an organizational standpoint, we've gone 187 00:10:37,640 --> 00:10:39,480 Speaker 1: months without a sense of who is going to end 188 00:10:39,559 --> 00:10:42,480 Speaker 1: up leading this agency at a very precarious time. Is 189 00:10:42,520 --> 00:10:47,480 Speaker 1: that impacting operations and opinions at the FDA? Well, you know, 190 00:10:47,559 --> 00:10:50,320 Speaker 1: I can't say, of course, since I since I'm not there, 191 00:10:50,360 --> 00:10:53,400 Speaker 1: but I think it's unquestionable that an agency that doesn't 192 00:10:53,400 --> 00:10:57,080 Speaker 1: have a permanent head is an agency that's defended to 193 00:10:57,240 --> 00:10:59,800 Speaker 1: some extent um. And so you know, I think it 194 00:10:59,920 --> 00:11:03,840 Speaker 1: is imperative at this point, especially given the pandemic, for 195 00:11:03,880 --> 00:11:07,840 Speaker 1: them to find somebody permanent that increases the credibility of 196 00:11:07,840 --> 00:11:09,959 Speaker 1: the agency when they go up to meetings with the 197 00:11:09,960 --> 00:11:12,559 Speaker 1: White House, for example. So the sooner the better from 198 00:11:12,559 --> 00:11:14,400 Speaker 1: my point of view, that would be one heck of 199 00:11:14,440 --> 00:11:17,920 Speaker 1: a approval process, I imagine, But it is it's kind 200 00:11:17,920 --> 00:11:21,040 Speaker 1: of surprising that there aren't more candidates that have been 201 00:11:21,040 --> 00:11:25,720 Speaker 1: brought forth by this White House. Well, they've considered a number, 202 00:11:25,760 --> 00:11:30,120 Speaker 1: including Dr Wilcox, who's a longstanding official at FDA, and 203 00:11:30,360 --> 00:11:34,720 Speaker 1: you know, as a highly creditable career under her belt. Um. 204 00:11:34,800 --> 00:11:39,400 Speaker 1: But she, in the view of some was implicated in 205 00:11:39,920 --> 00:11:42,760 Speaker 1: the problems of the opioid epidemic, and as a result, 206 00:11:42,840 --> 00:11:45,080 Speaker 1: certain Senators have said that they're not willing to vote 207 00:11:45,080 --> 00:11:48,240 Speaker 1: for her. So I didn't know to what degreece she 208 00:11:48,320 --> 00:11:51,720 Speaker 1: really was the favorite candidate of the White House, but 209 00:11:51,760 --> 00:11:54,520 Speaker 1: I think everybody feels that has somewhat sent him back 210 00:11:54,520 --> 00:11:56,720 Speaker 1: to the drawing board. Dr Peter Laurie, We thank you 211 00:11:56,760 --> 00:11:58,880 Speaker 1: for your expertise. Sound On is brought to you by 212 00:11:58,880 --> 00:12:01,440 Speaker 1: Barish and McGarry Lloyd years for the nine eleven community. 213 00:12:01,440 --> 00:12:03,679 Speaker 1: For twenty years. They've been fighting for those who continue 214 00:12:03,720 --> 00:12:06,440 Speaker 1: to get sick from the nine eleven Toxin's free healthcare 215 00:12:06,440 --> 00:12:14,080 Speaker 1: and compensation available visit nine eleven Victims dot com. This 216 00:12:14,520 --> 00:12:19,320 Speaker 1: is Bloomberg So Long with Joe Matthew on Bloomberg Radio. 217 00:12:22,120 --> 00:12:25,719 Speaker 1: Unclear what the FDA will do with the recommendations, but 218 00:12:25,760 --> 00:12:28,760 Speaker 1: the agency tends to follow the advice of its advisory committee, 219 00:12:28,760 --> 00:12:31,199 Speaker 1: as we've been hearing. This is why today's sixteen to 220 00:12:31,280 --> 00:12:34,559 Speaker 1: two vote against a fiser booster for the general population 221 00:12:35,400 --> 00:12:38,640 Speaker 1: is significant, and we bring in our Friday Reporters round 222 00:12:38,679 --> 00:12:43,440 Speaker 1: Table for analysis with Bloomberg Government's Jack Fitzpatrick and Bloomberg 223 00:12:43,559 --> 00:12:47,720 Speaker 1: Radio and TV political director Jody Schneider. Jody, I'd love 224 00:12:47,760 --> 00:12:49,480 Speaker 1: to start with you on this because you covered COVID 225 00:12:49,520 --> 00:12:52,720 Speaker 1: for so long from for Bloomberg and from around the 226 00:12:52,720 --> 00:12:55,440 Speaker 1: world with regard to this. On a political standpoint, we 227 00:12:55,480 --> 00:12:58,240 Speaker 1: heard the comments from Joe Biden a month ago. He 228 00:12:58,320 --> 00:13:00,320 Speaker 1: was essentially telling people to get ready to aren't there 229 00:13:00,360 --> 00:13:04,320 Speaker 1: boosters on September? How did the White House get so 230 00:13:04,400 --> 00:13:07,560 Speaker 1: ahead of the f d A. Well, that's the real question, Joe. 231 00:13:07,600 --> 00:13:10,200 Speaker 1: Now that we know what the f d A expert 232 00:13:10,679 --> 00:13:14,319 Speaker 1: panels recommendation is, and we presume we will see something 233 00:13:14,400 --> 00:13:17,280 Speaker 1: like this from both the CDC and and the FDA 234 00:13:17,360 --> 00:13:20,480 Speaker 1: itself next week, that's the real question. Why did the 235 00:13:20,480 --> 00:13:23,319 Speaker 1: White House make everybody think that, you know, this Monday, 236 00:13:23,480 --> 00:13:27,960 Speaker 1: the September twenty, we could start going and getting those boosters. Uh? 237 00:13:27,960 --> 00:13:32,040 Speaker 1: And was that a political maneuver? Uh? The White House 238 00:13:32,080 --> 00:13:35,640 Speaker 1: obviously is still pushing very hard that people get vaccinated 239 00:13:35,960 --> 00:13:39,400 Speaker 1: and realizes that vaccination is the key to trying to 240 00:13:39,440 --> 00:13:42,679 Speaker 1: get ahead of this variant, this delta variant and has 241 00:13:42,720 --> 00:13:45,760 Speaker 1: said so for months, So where were they on this 242 00:13:45,840 --> 00:13:48,560 Speaker 1: and and exactly where were they getting their advice? I 243 00:13:48,559 --> 00:13:51,160 Speaker 1: think those are real questions. And you know, another not 244 00:13:51,280 --> 00:13:54,199 Speaker 1: so great week for Joe Biden came out of Afghanistan. 245 00:13:54,280 --> 00:13:56,120 Speaker 1: But now we have the flap with the French. They 246 00:13:56,200 --> 00:14:00,080 Speaker 1: just recalled their ambassador over that the this deal with 247 00:14:00,240 --> 00:14:03,559 Speaker 1: UM that they felt they were pushed out of and UH, 248 00:14:03,600 --> 00:14:05,959 Speaker 1: and now we have this other news. So it's it's 249 00:14:06,000 --> 00:14:08,360 Speaker 1: another tough, tough week. But this is a real question. 250 00:14:08,400 --> 00:14:10,600 Speaker 1: I think that we're going to be having a lot 251 00:14:10,679 --> 00:14:13,760 Speaker 1: of discussion about this UH incoming weeks. Why did the 252 00:14:13,760 --> 00:14:16,360 Speaker 1: White House make us think that we were all going 253 00:14:16,400 --> 00:14:19,640 Speaker 1: to get boosters when now their own experts are saying 254 00:14:19,680 --> 00:14:21,600 Speaker 1: not so fast. I know that I don't want to 255 00:14:21,600 --> 00:14:23,720 Speaker 1: play the politics all the way to the end of 256 00:14:23,720 --> 00:14:25,640 Speaker 1: this Jack because it gets to be, you know, somewhat 257 00:14:25,680 --> 00:14:28,240 Speaker 1: dangerous giving people the wrong idea. But I'm assuming that 258 00:14:28,280 --> 00:14:30,040 Speaker 1: Republicans are gonna make hey out of this, that that 259 00:14:30,040 --> 00:14:32,080 Speaker 1: that the Republicans on Capitol Hill are going to say 260 00:14:32,080 --> 00:14:34,240 Speaker 1: I told you so. I'm actually not entirely sure that's 261 00:14:34,240 --> 00:14:36,680 Speaker 1: the case. I had asked around a little bit before 262 00:14:36,880 --> 00:14:40,080 Speaker 1: Biden made his announcement and after um and I was 263 00:14:40,120 --> 00:14:43,080 Speaker 1: surprised the degree to which lawmakers on Capitol Hill in 264 00:14:43,160 --> 00:14:47,040 Speaker 1: both parties. Obviously you have some sort of anti vax members, 265 00:14:47,080 --> 00:14:50,360 Speaker 1: but mostly they really let the White House take the 266 00:14:50,480 --> 00:14:53,760 Speaker 1: lead on the issue of boosters. And I spoke a 267 00:14:53,800 --> 00:14:56,800 Speaker 1: while back to Tom Cole, who's the top Republican in 268 00:14:56,840 --> 00:14:59,920 Speaker 1: the House on funding h h S, and said, you know, 269 00:15:00,000 --> 00:15:02,520 Speaker 1: are you guys gonna get involved. You're gonna write parameters 270 00:15:02,560 --> 00:15:05,120 Speaker 1: for booster shots, You're gonna give money. What do you need? 271 00:15:05,160 --> 00:15:07,120 Speaker 1: And he said, the White House will tell us what 272 00:15:07,160 --> 00:15:09,680 Speaker 1: they need. And I think they'd be bipartisan support for 273 00:15:09,720 --> 00:15:13,520 Speaker 1: backing booster shots. So it was really notable that Congress 274 00:15:13,640 --> 00:15:16,320 Speaker 1: let the President kind of run with this, and then 275 00:15:16,360 --> 00:15:18,960 Speaker 1: it's the FDA that trips his plan up. Maybe I 276 00:15:18,960 --> 00:15:22,200 Speaker 1: should have asked you that question somewhat differently, What will 277 00:15:22,240 --> 00:15:25,160 Speaker 1: some Republican governors make of this In the next couple 278 00:15:25,160 --> 00:15:27,040 Speaker 1: of days. They're going to be raising money, They're gonna 279 00:15:27,040 --> 00:15:29,880 Speaker 1: be talking about it. Yeah, I mean on the campaign trail. 280 00:15:30,000 --> 00:15:34,040 Speaker 1: The vaccine issue is has a really wide wild one, 281 00:15:34,360 --> 00:15:36,840 Speaker 1: and as it pertains to states, you know a lot 282 00:15:36,880 --> 00:15:40,080 Speaker 1: of the conflict between the White House and Republican governors 283 00:15:40,120 --> 00:15:43,560 Speaker 1: has been more on the issue of mandates. UH, schools 284 00:15:43,560 --> 00:15:45,760 Speaker 1: are a tough issue. This is a tough one to 285 00:15:45,800 --> 00:15:49,480 Speaker 1: see how it's gonna play out politically, just because you know, 286 00:15:49,480 --> 00:15:52,640 Speaker 1: when you when you talk to Republicans, there's sort of 287 00:15:52,640 --> 00:15:56,800 Speaker 1: this fault line developing in terms of how much support 288 00:15:56,840 --> 00:16:01,240 Speaker 1: there is for vaccines versus opposition to some mandates. It's 289 00:16:01,280 --> 00:16:04,560 Speaker 1: it's still kind of a nebulous issue. That's everybody's feeling 290 00:16:04,560 --> 00:16:06,680 Speaker 1: their way out of this. I honestly have no idea 291 00:16:06,880 --> 00:16:09,800 Speaker 1: encouraged by your response the booster shot issue is going 292 00:16:09,840 --> 00:16:11,520 Speaker 1: to play. It's it's a really tough one to tell. Well, 293 00:16:11,720 --> 00:16:14,240 Speaker 1: let's hope it stays that way, Jody, there was pretty 294 00:16:14,240 --> 00:16:18,800 Speaker 1: compelling data from Israel showing that booster shot they started 295 00:16:18,800 --> 00:16:21,640 Speaker 1: giving boosters out in July and Israel showing that they 296 00:16:21,640 --> 00:16:24,000 Speaker 1: helped to round the bend on a on a pretty 297 00:16:24,000 --> 00:16:26,920 Speaker 1: major surge of delta. Are you surprised that didn't compel 298 00:16:27,080 --> 00:16:29,800 Speaker 1: more members of the panel today, Yeah, I mean it was. 299 00:16:29,920 --> 00:16:32,080 Speaker 1: It was some of a surprising decision. I think that 300 00:16:32,440 --> 00:16:35,840 Speaker 1: people had presumed there would be discussion, and given that 301 00:16:35,880 --> 00:16:38,920 Speaker 1: there's various studies, but that the Israel study did seem 302 00:16:38,960 --> 00:16:40,560 Speaker 1: to you know, have a lot of credence to it 303 00:16:40,600 --> 00:16:43,480 Speaker 1: and got a lot of attention. So um, it is 304 00:16:43,520 --> 00:16:45,440 Speaker 1: a little bit of a you know, it's a little 305 00:16:45,440 --> 00:16:48,600 Speaker 1: bit of a surprise. However, the FDA, and this FDA 306 00:16:48,720 --> 00:16:51,680 Speaker 1: panel in particular, you might recall, has been you know, 307 00:16:51,760 --> 00:16:54,760 Speaker 1: somewhat cautious at various points after J and J After 308 00:16:54,880 --> 00:16:57,720 Speaker 1: they pulled J and j UM you might recall list 309 00:16:57,720 --> 00:17:01,920 Speaker 1: Spring for a while because there were some reports of 310 00:17:02,240 --> 00:17:06,240 Speaker 1: very serious reactions and they then allowed to go back, 311 00:17:06,280 --> 00:17:09,000 Speaker 1: but with some caution. So and there was a lot 312 00:17:09,040 --> 00:17:11,639 Speaker 1: of discussion. I listened in at that point to that 313 00:17:12,000 --> 00:17:14,119 Speaker 1: to the that hearing, and there was a lot of 314 00:17:14,160 --> 00:17:17,200 Speaker 1: talk about, hey, if we feel like there's any risk 315 00:17:17,280 --> 00:17:20,200 Speaker 1: at all, we need to make that clear to the public. 316 00:17:20,480 --> 00:17:22,840 Speaker 1: So I think maybe that's part of this here. Then 317 00:17:22,880 --> 00:17:24,960 Speaker 1: the other question that you know, goes along with this 318 00:17:25,160 --> 00:17:28,199 Speaker 1: is how much it's needed. And they've been telling us 319 00:17:28,240 --> 00:17:31,840 Speaker 1: all along that two shots protect us pretty well, and 320 00:17:31,880 --> 00:17:34,320 Speaker 1: they also don't know how much it could protect us 321 00:17:34,400 --> 00:17:38,119 Speaker 1: against future variants. And that's a question too well, it 322 00:17:38,200 --> 00:17:40,080 Speaker 1: sure is, and and that that's going to be a 323 00:17:40,080 --> 00:17:43,240 Speaker 1: completely different conversation, I suspect, but there's also been a 324 00:17:43,280 --> 00:17:46,119 Speaker 1: push Jack, to to provide more or at least reserve 325 00:17:46,200 --> 00:17:48,480 Speaker 1: more doses for the rest of the world that you 326 00:17:48,520 --> 00:17:51,320 Speaker 1: know here, you guys go classic American, We have given 327 00:17:51,359 --> 00:17:53,720 Speaker 1: yourself a third shot before half the world doesn't get 328 00:17:53,720 --> 00:17:56,080 Speaker 1: a first one. Does that factor in here on a 329 00:17:56,119 --> 00:17:58,960 Speaker 1: political level, Well, that's that's a significant issue. I don't 330 00:17:59,000 --> 00:18:01,399 Speaker 1: know if that really a driving factor for the f 331 00:18:01,560 --> 00:18:05,280 Speaker 1: d A. Their reasoning seemed to be more focused on 332 00:18:05,720 --> 00:18:08,359 Speaker 1: what amount of evidence is this is there that this 333 00:18:08,400 --> 00:18:11,480 Speaker 1: would be effective? There are there is the potential for 334 00:18:11,480 --> 00:18:14,120 Speaker 1: for some negative effects for people, so that I don't 335 00:18:14,119 --> 00:18:16,159 Speaker 1: know if that was an issue with the FDA, but 336 00:18:16,160 --> 00:18:18,359 Speaker 1: it's going to be more politically speak. Yeah, it's a 337 00:18:18,400 --> 00:18:23,600 Speaker 1: significant one politically, And actually to your question about maybe Republicans, uh, 338 00:18:24,240 --> 00:18:27,520 Speaker 1: how they feel about a failure for Biden, it's somewhat 339 00:18:27,560 --> 00:18:30,920 Speaker 1: of a leftist point of view and an international pushback 340 00:18:30,960 --> 00:18:34,120 Speaker 1: to Biden's plan, saying we should we we should look 341 00:18:34,119 --> 00:18:38,960 Speaker 1: internationally before bolstering our own domestic needs. Jack Fitzpatrick, Jody 342 00:18:39,000 --> 00:18:40,679 Speaker 1: Schneider hang out with us for the hour and they 343 00:18:40,680 --> 00:18:42,640 Speaker 1: will be back in a bit coming up. The fences 344 00:18:42,680 --> 00:18:45,400 Speaker 1: back up around the US capital. Streets are being closed. 345 00:18:45,400 --> 00:18:48,840 Speaker 1: Police say they're ready for tomorrow's so called Justice for 346 00:18:49,000 --> 00:18:51,960 Speaker 1: j six rally. We'll talk about it with Jordan Strauss 347 00:18:51,960 --> 00:18:55,520 Speaker 1: of the security firm Kroll. Stay right here. I'm Joe Matthew, 348 00:18:55,720 --> 00:19:02,080 Speaker 1: and this is Bloomberg broad casting live from our nation's capitol. 349 00:19:02,160 --> 00:19:08,320 Speaker 1: Bloomberg to New York, Bloomberg eleven, Frio to Boston, Bloomberg one, 350 00:19:08,320 --> 00:19:12,080 Speaker 1: O six one to San Francisco, Bloomberg nine sixty to 351 00:19:12,160 --> 00:19:16,280 Speaker 1: the country Serious XM Channel one, and around the globe 352 00:19:16,280 --> 00:19:20,200 Speaker 1: of Bloomberg Business app and Bloomberg Radio dot Com. This 353 00:19:20,560 --> 00:19:26,480 Speaker 1: is Bloomberg Sound On with Joe Matthew. Capitol Hill is 354 00:19:26,520 --> 00:19:29,040 Speaker 1: in lockdown again. Members of Congress have been told to 355 00:19:29,080 --> 00:19:32,040 Speaker 1: stay away from the complex tomorrow as a rally is 356 00:19:32,080 --> 00:19:34,600 Speaker 1: planned in support of those arrested during the attack on 357 00:19:34,640 --> 00:19:37,880 Speaker 1: the Capitol in January. Yeah, we told you it was coming, 358 00:19:37,880 --> 00:19:40,480 Speaker 1: and we'll discuss the security risks ahead this weekend and 359 00:19:40,560 --> 00:19:44,080 Speaker 1: more broadly on Capitol Hill with Jordan's Strauss, managing director 360 00:19:44,560 --> 00:19:48,240 Speaker 1: at the security firm Kroll, former director for Incident Management 361 00:19:48,240 --> 00:19:50,520 Speaker 1: at the White House. As we keep an eye on 362 00:19:50,560 --> 00:19:54,240 Speaker 1: the Capitol for more reasons than usual, as law enforcement 363 00:19:54,280 --> 00:19:58,359 Speaker 1: prepares for demonstrations tomorrow in protest of those arrested in 364 00:19:58,400 --> 00:20:02,200 Speaker 1: the Capitol riot on January or A six. Tom Mangers, 365 00:20:02,240 --> 00:20:06,479 Speaker 1: Assistant Chief for Protective and Intelligence Operations at the Capitol Police. 366 00:20:06,600 --> 00:20:09,920 Speaker 1: We are planning for a safe event tomorrow, but there 367 00:20:09,920 --> 00:20:13,800 Speaker 1: have been some threats of violence associated with UH. This 368 00:20:14,400 --> 00:20:17,600 Speaker 1: the events for tomorrow, and we have a strong plan 369 00:20:17,760 --> 00:20:22,280 Speaker 1: in place to ensure UH that it remains peaceful and 370 00:20:22,320 --> 00:20:25,760 Speaker 1: that if violence does occur um that we can stop 371 00:20:25,800 --> 00:20:28,399 Speaker 1: it as quickly as possible. He was part of a 372 00:20:28,480 --> 00:20:31,880 Speaker 1: large briefing earlier today with other law enforcement officials, some federal, 373 00:20:31,960 --> 00:20:35,640 Speaker 1: some local, who acknowledged increased chatter ahead of this weekend, 374 00:20:37,320 --> 00:20:40,000 Speaker 1: but they were not specific about the threats. And we're 375 00:20:40,080 --> 00:20:43,840 Speaker 1: joined now by a security expert, Jordan Strauss, managing director 376 00:20:44,440 --> 00:20:48,160 Speaker 1: at the security firm Croll, former Director for Incident Management 377 00:20:48,160 --> 00:20:51,119 Speaker 1: of the White House National Security Council Staff, former Director 378 00:20:51,119 --> 00:20:54,920 Speaker 1: of Preparedness in response at the Justice Department. It's quite 379 00:20:54,920 --> 00:20:57,040 Speaker 1: a business card you have their Jordan, welcome. Are you 380 00:20:57,080 --> 00:20:59,359 Speaker 1: concerned about this weekend or is this the equivalent of 381 00:20:59,359 --> 00:21:01,200 Speaker 1: bringing an un all to make sure it doesn't rain. 382 00:21:02,119 --> 00:21:03,600 Speaker 1: Thanks Joe. First of all, it's great to be back 383 00:21:03,640 --> 00:21:06,880 Speaker 1: with Bloomberg today. Uh. You know, Look, there's no such 384 00:21:06,920 --> 00:21:09,639 Speaker 1: thing as over preparing. I mean, the worst case from 385 00:21:09,640 --> 00:21:15,280 Speaker 1: a preparation standpoint, Uh, any threat gets met appropriately. Best case, 386 00:21:15,359 --> 00:21:19,160 Speaker 1: nothing happens, and there's an opportunity to rehearse new kinds 387 00:21:19,160 --> 00:21:23,119 Speaker 1: of information sharing. Working across different law enforcement organizations and 388 00:21:23,160 --> 00:21:25,359 Speaker 1: in this case, working across different branches of government. I mean, 389 00:21:25,359 --> 00:21:29,119 Speaker 1: it's important to remember the Capitol police work for the Capital. Uh. 390 00:21:29,160 --> 00:21:31,639 Speaker 1: You know, the article the article one branch, not the 391 00:21:31,720 --> 00:21:34,480 Speaker 1: article to branch. Everybody else works in an article to 392 00:21:35,200 --> 00:21:38,719 Speaker 1: the January six insurrection was the most documented crime in history. 393 00:21:39,080 --> 00:21:40,920 Speaker 1: There's going to be even more cameras and attention and 394 00:21:40,960 --> 00:21:44,240 Speaker 1: readiness now. I think that to do something illegal tomorrow, 395 00:21:44,920 --> 00:21:47,840 Speaker 1: and it's important to remember that the normal peaceful assembly 396 00:21:48,000 --> 00:21:50,240 Speaker 1: is protected by the First Amendment. It's an American tradition. 397 00:21:50,280 --> 00:21:53,040 Speaker 1: Even if if if, if you and me and most 398 00:21:53,040 --> 00:21:56,240 Speaker 1: of your listeners might disagree with what they're they're they're 399 00:21:56,240 --> 00:21:59,439 Speaker 1: they're protesting, Uh, you know, it is protected, and to 400 00:21:59,480 --> 00:22:01,600 Speaker 1: do something equal in an environment like that would just 401 00:22:01,680 --> 00:22:06,120 Speaker 1: be dumb. Yeah, They were very cagy about details here 402 00:22:06,160 --> 00:22:08,560 Speaker 1: about what they're prepared to do. But how much of 403 00:22:08,560 --> 00:22:13,280 Speaker 1: this is deterrent versus preparing for a response Jordans, I'd 404 00:22:13,280 --> 00:22:16,119 Speaker 1: say it's probably equal parts. You know, this idea of 405 00:22:16,320 --> 00:22:19,960 Speaker 1: chatter U, which is something that that's very familiar to 406 00:22:19,960 --> 00:22:22,440 Speaker 1: folks who have worked in the intelligence community or law enforcements, 407 00:22:22,880 --> 00:22:25,320 Speaker 1: you know, and all of my colleagues. It's a little 408 00:22:25,320 --> 00:22:28,119 Speaker 1: bit different when you're talking about stuff that's going on 409 00:22:28,200 --> 00:22:30,520 Speaker 1: and being said by Americans in America. You know, there 410 00:22:30,520 --> 00:22:34,159 Speaker 1: are real limits and there should be to the kinds 411 00:22:34,200 --> 00:22:39,040 Speaker 1: of of listening that law enforcement and certainly intelligence agencies 412 00:22:39,040 --> 00:22:42,119 Speaker 1: can do without a warrant on on public platforms. So 413 00:22:42,119 --> 00:22:44,840 Speaker 1: I think when they're talking about chatter, it is likely 414 00:22:44,880 --> 00:22:50,639 Speaker 1: either information gleaned from lawful, court authorized surveillance or things 415 00:22:50,640 --> 00:22:54,440 Speaker 1: they're seeing on public, open message boards. But I think 416 00:22:54,440 --> 00:22:57,680 Speaker 1: in this case, over preparation is a good thing. It's 417 00:22:57,720 --> 00:23:00,960 Speaker 1: always difficult to see fences and and visible layers of 418 00:23:00,960 --> 00:23:06,480 Speaker 1: security around democratic landmarks like the capital. But given what 419 00:23:06,560 --> 00:23:09,240 Speaker 1: happened on January six, given other attacks on the Capitol 420 00:23:09,280 --> 00:23:11,760 Speaker 1: police this year, given the number of people who died 421 00:23:11,800 --> 00:23:16,200 Speaker 1: on January six, Uh, there really can't be over preparation 422 00:23:16,240 --> 00:23:18,000 Speaker 1: on a day like this. Well, Jordan, if you were 423 00:23:18,040 --> 00:23:20,760 Speaker 1: advising law enforcement around this, how worried would you be 424 00:23:20,800 --> 00:23:23,280 Speaker 1: about the capital versus the rest of the city. And 425 00:23:23,320 --> 00:23:25,360 Speaker 1: I have this conversation as we're on the air here 426 00:23:25,400 --> 00:23:28,920 Speaker 1: today in the district of Columbia. We've got a festival, 427 00:23:28,920 --> 00:23:31,400 Speaker 1: the A Street Festivals happening this weekend. People are going 428 00:23:31,400 --> 00:23:33,640 Speaker 1: out to eat, people are trying to get out, uh 429 00:23:33,640 --> 00:23:36,280 Speaker 1: and what will hopefully be a nice weekend. Could that 430 00:23:36,359 --> 00:23:39,200 Speaker 1: be some kind of a diversion for other funny business, 431 00:23:39,320 --> 00:23:42,159 Speaker 1: bad business that could happen around the city. You know, 432 00:23:42,160 --> 00:23:44,000 Speaker 1: there's always a risk. I mean the in the ten 433 00:23:44,080 --> 00:23:46,280 Speaker 1: or eleven years that I lived in Washington working in 434 00:23:46,320 --> 00:23:48,440 Speaker 1: these spaces, and I did, I did learn a few things. 435 00:23:48,520 --> 00:23:52,119 Speaker 1: Number One, the citizens of Washington, particularly in times like this, 436 00:23:52,160 --> 00:23:56,000 Speaker 1: are unusually vigilant. They're they're much more likely uh than 437 00:23:56,119 --> 00:23:58,280 Speaker 1: people in other parts of the country to report, you know, 438 00:23:58,359 --> 00:24:01,480 Speaker 1: something strange on the metro or something concerning. Uh. It's 439 00:24:01,520 --> 00:24:04,400 Speaker 1: caused some flack recently, but the DC Police Department is 440 00:24:04,520 --> 00:24:08,880 Speaker 1: actually a very professional, uh, you know, very solid law 441 00:24:08,920 --> 00:24:13,280 Speaker 1: enforcement organization. Generally, there's a ton of FBI agents, another 442 00:24:13,480 --> 00:24:16,320 Speaker 1: federal law enforcement headquartered there. So I think if there's 443 00:24:16,400 --> 00:24:19,560 Speaker 1: a problem, and I do worry a little about, uh, 444 00:24:19,600 --> 00:24:21,879 Speaker 1: you know, somebody trying to use the pretext of a 445 00:24:21,960 --> 00:24:24,960 Speaker 1: lawful protest to come in and and do violence, it's 446 00:24:25,040 --> 00:24:27,040 Speaker 1: likely that the city will be able to handle it. Well. 447 00:24:27,040 --> 00:24:28,840 Speaker 1: Remember this is a city that has a State of 448 00:24:28,840 --> 00:24:33,119 Speaker 1: the Union every year, UM an inauguration every four years, 449 00:24:33,440 --> 00:24:37,720 Speaker 1: and deals with countless dignitaries, lawful protected protests, you know, 450 00:24:37,840 --> 00:24:41,479 Speaker 1: controversial Supreme Court decisions every single day. It's it's a highly, 451 00:24:41,600 --> 00:24:43,880 Speaker 1: highly resilient city. I also think it's gonna be pretty 452 00:24:43,920 --> 00:24:46,840 Speaker 1: hot this weekend, so that you know, it's more likely 453 00:24:46,880 --> 00:24:49,320 Speaker 1: than than usual that people are going to be largely 454 00:24:49,359 --> 00:24:52,679 Speaker 1: staying indoors. Well, different than early January. I listened to 455 00:24:52,720 --> 00:24:56,359 Speaker 1: that briefing today, Jordan its entirety, and if I could 456 00:24:56,359 --> 00:24:59,359 Speaker 1: pick out real concern, it was when they talked about 457 00:24:59,400 --> 00:25:03,639 Speaker 1: counterp testers, that they didn't necessarily think people would overrun 458 00:25:03,680 --> 00:25:06,000 Speaker 1: the fence or that we'd see a repeat of January six, 459 00:25:06,000 --> 00:25:08,160 Speaker 1: but that counter protesters would come up and it would 460 00:25:08,200 --> 00:25:11,200 Speaker 1: be difficult to control violence between those two groups. How 461 00:25:11,240 --> 00:25:14,280 Speaker 1: big of a worry is that that's always a worry 462 00:25:14,320 --> 00:25:17,720 Speaker 1: when you've got controversial activity. Um, you know, you see 463 00:25:17,720 --> 00:25:21,000 Speaker 1: this for example, you know, periodically in Philadelphia you have 464 00:25:21,320 --> 00:25:26,040 Speaker 1: extraordinarily controversial UH groups marching and you get you know, 465 00:25:26,080 --> 00:25:29,320 Speaker 1: you can get over overreaction. This happens in New York 466 00:25:29,359 --> 00:25:32,080 Speaker 1: and Washington too, So it's it's a hard thing to control. 467 00:25:32,160 --> 00:25:37,800 Speaker 1: But again, law enforcement around Washington are more well versed 468 00:25:37,880 --> 00:25:41,040 Speaker 1: than usual with First Amendment activity. I actually think, you know, 469 00:25:41,080 --> 00:25:43,520 Speaker 1: for many of your listeners and certainly for many of 470 00:25:43,560 --> 00:25:48,440 Speaker 1: our clients. I mean, we're as worried about the violence 471 00:25:48,480 --> 00:25:51,280 Speaker 1: issues we were as we are about our clients or 472 00:25:51,320 --> 00:25:55,200 Speaker 1: their brands being unwittingly pulled into one side or another here. 473 00:25:55,600 --> 00:25:59,720 Speaker 1: You know, particularly in times like this, when there's so 474 00:25:59,800 --> 00:26:03,119 Speaker 1: much investment in things like social media ambassadors, and the 475 00:26:03,160 --> 00:26:08,159 Speaker 1: backlash of a public or controversial decision or the affiliation 476 00:26:08,680 --> 00:26:14,680 Speaker 1: with a controversial idea or thought is so incredibly rapid. Um, 477 00:26:14,720 --> 00:26:16,840 Speaker 1: you know, what we see is is worried that like, 478 00:26:16,880 --> 00:26:19,160 Speaker 1: oh gosh, you know, what if one of our employees 479 00:26:19,160 --> 00:26:22,320 Speaker 1: shows up, what if you know, one of the one 480 00:26:22,320 --> 00:26:27,399 Speaker 1: of our YouTube UH personalities endorses violence or something like 481 00:26:27,440 --> 00:26:29,159 Speaker 1: that is that is that going to blow back to 482 00:26:29,280 --> 00:26:30,760 Speaker 1: our brand and you know that that that's the kind 483 00:26:30,760 --> 00:26:33,600 Speaker 1: of preventable nightmare that we've been We've been talking conched 484 00:26:33,640 --> 00:26:35,720 Speaker 1: out a little bit this week. Jordan Strouss with the 485 00:26:35,720 --> 00:26:38,600 Speaker 1: perfect Bloomberg angle here. I appreciate a smart talk to Jordan. 486 00:26:38,680 --> 00:26:41,440 Speaker 1: Thank you for that. Managing director in the business Intelligence 487 00:26:41,440 --> 00:26:46,680 Speaker 1: and Investigations practice of security firm Kroll, spend time as 488 00:26:46,680 --> 00:26:49,240 Speaker 1: a security expert at the White House injustice to Barbin. 489 00:26:49,359 --> 00:26:53,159 Speaker 1: Let's hope we don't have to worry about anything here tomorrow. 490 00:26:53,240 --> 00:26:55,919 Speaker 1: But we'll get back to our Friday Reporters round Table 491 00:26:56,000 --> 00:26:59,560 Speaker 1: on this more on security and tragic news today from 492 00:26:59,560 --> 00:27:05,040 Speaker 1: Afghan Stand. I'm Joe Matthew. This is Bloomberg. This is Bloomberg. 493 00:27:05,200 --> 00:27:11,600 Speaker 1: So long with Joe Matthew on Bloomberg Radio. Thanks for 494 00:27:11,600 --> 00:27:15,200 Speaker 1: spending some time with us on the fastest hour in politics. 495 00:27:15,480 --> 00:27:18,320 Speaker 1: As we round the bend here with our reporters round table, 496 00:27:18,359 --> 00:27:22,000 Speaker 1: I'm Joe Matthew and Washington, and we start with tragic 497 00:27:22,040 --> 00:27:26,719 Speaker 1: news announced today from the Pentagon. Our investigation now concludes 498 00:27:27,000 --> 00:27:30,919 Speaker 1: that the strike was a tragic mistake. General Frank Mackenzie 499 00:27:31,400 --> 00:27:33,840 Speaker 1: with an update today that no one wanted to hear 500 00:27:35,160 --> 00:27:38,240 Speaker 1: about the drone strike in Afghanistan the twenty nine August, 501 00:27:39,160 --> 00:27:41,520 Speaker 1: now we were told was necessary to prevent an attack 502 00:27:42,160 --> 00:27:46,200 Speaker 1: on American troops. Our investigation now concludes that the strike 503 00:27:46,280 --> 00:27:49,360 Speaker 1: was a tragic mistake. With details on that more from 504 00:27:49,359 --> 00:27:52,360 Speaker 1: the General coming thoroughly reviewed the findings of the investigation 505 00:27:52,720 --> 00:27:56,280 Speaker 1: in the supporting analysis by interagency partners, I am now 506 00:27:56,320 --> 00:27:59,600 Speaker 1: convinced that as many as ten civilians, including up to 507 00:27:59,680 --> 00:28:04,320 Speaker 1: seven children, were tragically killed in that strike. Moreover, we 508 00:28:04,359 --> 00:28:07,480 Speaker 1: now assess that it is unlikely that the vehicle and 509 00:28:07,520 --> 00:28:10,760 Speaker 1: those who died were associated with isis K or were 510 00:28:10,760 --> 00:28:13,840 Speaker 1: a director at the U S Forces. I offered my 511 00:28:13,920 --> 00:28:17,200 Speaker 1: profound condolences to the family and friends of those who 512 00:28:17,200 --> 00:28:20,320 Speaker 1: were killed. This is a tough break here. This was 513 00:28:20,440 --> 00:28:25,080 Speaker 1: the strike that follows the terror attack killed thirteen Americans 514 00:28:26,760 --> 00:28:30,920 Speaker 1: outside the airport in Cobble when after a white toy 515 00:28:30,960 --> 00:28:36,439 Speaker 1: Yota sedan that they said was loaded with explosives. The 516 00:28:36,520 --> 00:28:40,200 Speaker 1: investigation was based around video evidence and on interviews with 517 00:28:40,240 --> 00:28:42,480 Speaker 1: more than a dozen people, according to The New York Times, 518 00:28:42,480 --> 00:28:46,160 Speaker 1: including the driver's co workers and family members in Cobble. 519 00:28:47,400 --> 00:28:50,400 Speaker 1: So what is the political fallout or has everyone already 520 00:28:50,400 --> 00:28:54,240 Speaker 1: turned away from Afghanistan. We turned to our Friday Reporters 521 00:28:54,280 --> 00:28:57,520 Speaker 1: round table with Bloomberg Government's Jack Fitzpatrick Bloomberg Radio and 522 00:28:57,520 --> 00:29:01,080 Speaker 1: TV political director Jody Schneider. Do you were mentioning just 523 00:29:01,120 --> 00:29:03,200 Speaker 1: a little while ago about this being a tough week 524 00:29:03,240 --> 00:29:05,920 Speaker 1: for the Biden administration. You made reference to this headline 525 00:29:06,240 --> 00:29:09,400 Speaker 1: This is not what the president wanted to hear. That's 526 00:29:09,400 --> 00:29:12,120 Speaker 1: all right, this is yet another, you know, tough thing. 527 00:29:12,200 --> 00:29:16,520 Speaker 1: We were saying that obviously the booster shot politics, Uh, 528 00:29:16,960 --> 00:29:21,040 Speaker 1: the French politics. They've pulled their ambassador. But now we 529 00:29:21,160 --> 00:29:24,400 Speaker 1: have this question of you know, who knew what when? 530 00:29:24,680 --> 00:29:29,280 Speaker 1: And uh, this is really adding on to the Afghanistan story. 531 00:29:29,680 --> 00:29:32,600 Speaker 1: And this is the Afghanistan story. Obviously the Biden administration 532 00:29:32,640 --> 00:29:35,400 Speaker 1: wants to move past. They've made it very clear we've 533 00:29:35,440 --> 00:29:39,200 Speaker 1: pulled out. You know, we're sorry for any losses. We 534 00:29:39,280 --> 00:29:41,360 Speaker 1: tried to get as many Americans out as we could. 535 00:29:41,560 --> 00:29:44,520 Speaker 1: But this really then raises all those questions that were, 536 00:29:44,640 --> 00:29:47,520 Speaker 1: you know, being raised those weeks in August. It also 537 00:29:47,600 --> 00:29:49,760 Speaker 1: raises another question, and we have a good story on 538 00:29:49,800 --> 00:29:52,960 Speaker 1: the terminal about this um. It raises questions about the 539 00:29:53,040 --> 00:29:58,000 Speaker 1: competency in US foreign policy of the current administration. Joe 540 00:29:58,000 --> 00:30:01,680 Speaker 1: Biden was coming into into office saying, you know, Donald 541 00:30:01,680 --> 00:30:05,280 Speaker 1: Trump has basically, uh, you know, been a diplomatic bomb thrower, 542 00:30:05,320 --> 00:30:08,080 Speaker 1: as we say in the story, didn't care America first 543 00:30:08,160 --> 00:30:12,120 Speaker 1: roomed relationships, and Joe Biden was supposed to heal those. Well, 544 00:30:12,240 --> 00:30:14,280 Speaker 1: some of the things this week showed that that is 545 00:30:14,360 --> 00:30:18,280 Speaker 1: hardly happening and raises the question as to whether, um, 546 00:30:18,320 --> 00:30:21,880 Speaker 1: you know, the healing that maybe started has come to 547 00:30:21,960 --> 00:30:25,560 Speaker 1: an end. Also raises questions, Jody about this over the 548 00:30:25,560 --> 00:30:28,560 Speaker 1: horizon approach that they've been talking about. Never mind over 549 00:30:28,600 --> 00:30:30,600 Speaker 1: the horizon. We didn't get it right even when we 550 00:30:30,640 --> 00:30:32,720 Speaker 1: had people who were still their boots on the ground. 551 00:30:33,280 --> 00:30:35,760 Speaker 1: That's right, and so it tells you now that we're gone, 552 00:30:36,400 --> 00:30:39,120 Speaker 1: um you know, what is happening and raises a specter 553 00:30:39,440 --> 00:30:42,320 Speaker 1: of all the fears that had that had come up 554 00:30:42,360 --> 00:30:45,480 Speaker 1: about what our exit could look like and what it 555 00:30:45,520 --> 00:30:49,400 Speaker 1: would leave behind. Jack Fitzpatrick I recall a news conference 556 00:30:49,440 --> 00:30:53,040 Speaker 1: with the Republican leadership in the House, Kevin McCarthy, surrounded 557 00:30:53,080 --> 00:30:58,160 Speaker 1: by his fellow leaders in the Republican Party, just lamb 558 00:30:58,240 --> 00:31:02,120 Speaker 1: basing the Biden administration making it clear that they are 559 00:31:02,160 --> 00:31:04,280 Speaker 1: going to make this a campaign issue going into the 560 00:31:04,320 --> 00:31:07,920 Speaker 1: mid terms. This is just another brick in the wall here. Yeah, 561 00:31:07,960 --> 00:31:09,920 Speaker 1: this is clearly going to be an issue that Republicans 562 00:31:10,160 --> 00:31:13,200 Speaker 1: don't just let go. And and to some extent, maybe 563 00:31:13,200 --> 00:31:17,400 Speaker 1: some Democrats who were not happy with how the pullout 564 00:31:17,400 --> 00:31:20,160 Speaker 1: from Afghanistan happened, even if they support it. I did 565 00:31:20,240 --> 00:31:25,240 Speaker 1: notice almost immediately you saw Ted Cruz on Twitter saying, uh, 566 00:31:25,280 --> 00:31:27,320 Speaker 1: you know, we need to know to what extent the 567 00:31:27,440 --> 00:31:32,920 Speaker 1: US federal government trusted information on the story the strikes 568 00:31:33,000 --> 00:31:35,800 Speaker 1: and the people they were targeting from the afghan from Taliban. 569 00:31:36,240 --> 00:31:38,120 Speaker 1: It did there was there a level of trust in 570 00:31:38,120 --> 00:31:41,680 Speaker 1: the Taliban that contributed to the assumption that we could 571 00:31:41,680 --> 00:31:45,920 Speaker 1: do over the horizon capabilities that you know, these are 572 00:31:45,960 --> 00:31:49,680 Speaker 1: early early responses, early questions about it. But this is 573 00:31:49,720 --> 00:31:52,719 Speaker 1: obviously going to be a politicized issue that doesn't go 574 00:31:52,800 --> 00:31:56,280 Speaker 1: away anytime soon. Absolutely. Uh. And and again it's going 575 00:31:56,320 --> 00:32:00,239 Speaker 1: to be a question of whether people have long enough memories, right, 576 00:32:00,280 --> 00:32:02,600 Speaker 1: I mean, are people still are when I say people 577 00:32:02,680 --> 00:32:06,160 Speaker 1: the general population voters watching what's happening in Cobble or 578 00:32:06,200 --> 00:32:08,240 Speaker 1: will they need to be reminded with political ads for 579 00:32:08,280 --> 00:32:11,360 Speaker 1: the next year. Well, this is a pretty dominant issue 580 00:32:11,480 --> 00:32:14,080 Speaker 1: in the news, I think for good reason, not only 581 00:32:14,120 --> 00:32:16,920 Speaker 1: because of the bad parts of how this has gone, 582 00:32:16,960 --> 00:32:19,560 Speaker 1: but the significance of the decision alone to pull out 583 00:32:19,560 --> 00:32:22,880 Speaker 1: of Afghanistan. Now, we're a ways off from the election, 584 00:32:23,160 --> 00:32:25,160 Speaker 1: and you can think of a million examples of things 585 00:32:25,200 --> 00:32:27,760 Speaker 1: that were huge in the news cycle a year out 586 00:32:27,800 --> 00:32:29,560 Speaker 1: from an election that didn't turn out to be the 587 00:32:29,600 --> 00:32:32,720 Speaker 1: dominant issue. The thing about Republicans, though, is as the 588 00:32:32,720 --> 00:32:35,480 Speaker 1: minority party, they can switch to another issue if there's 589 00:32:35,560 --> 00:32:38,280 Speaker 1: another issue that helps them, and you know they're they're 590 00:32:38,440 --> 00:32:42,080 Speaker 1: just playing the cards they're dealt. It's a significant enough thing, though, 591 00:32:42,160 --> 00:32:45,400 Speaker 1: so that you know it could be an issue as 592 00:32:45,400 --> 00:32:47,640 Speaker 1: we get closer to November. I'll ask both of you, 593 00:32:47,720 --> 00:32:51,880 Speaker 1: does this impact the debate over the Defense Authorization Act 594 00:32:51,920 --> 00:32:54,800 Speaker 1: that's being debated now defense spending? Jody, do you think 595 00:32:55,400 --> 00:33:00,320 Speaker 1: Republicans will be looking for more money for gosh, god 596 00:33:00,320 --> 00:33:03,480 Speaker 1: only knows what operations in Afghanistan, or say, less money 597 00:33:03,520 --> 00:33:05,960 Speaker 1: for the resettling of refugees as an impact of debate 598 00:33:05,960 --> 00:33:09,840 Speaker 1: at all. Well, I'll let Jack, who's our appropriations expert, 599 00:33:09,880 --> 00:33:11,960 Speaker 1: way and that specifically in that. But what I would 600 00:33:12,040 --> 00:33:15,040 Speaker 1: say is that while this seems to be, you know, 601 00:33:15,200 --> 00:33:17,760 Speaker 1: such a tough and it's been a tough month for 602 00:33:18,000 --> 00:33:21,360 Speaker 1: the administration, UH, and that this is you know, something 603 00:33:21,400 --> 00:33:24,760 Speaker 1: that's front and center now. Americans do have short attention 604 00:33:24,840 --> 00:33:29,000 Speaker 1: spans and the midterms of about fourteen months away. And 605 00:33:29,320 --> 00:33:32,440 Speaker 1: also again, um, even though it's you know, not something 606 00:33:32,440 --> 00:33:34,720 Speaker 1: I think that says a lot about Americans around the world, 607 00:33:35,280 --> 00:33:39,600 Speaker 1: we do tend to downplay foreign policy. People vote, and 608 00:33:39,640 --> 00:33:44,360 Speaker 1: they vote, particularly in UH in house races, with their 609 00:33:44,400 --> 00:33:47,800 Speaker 1: own set of concerns, which your pocketbook concerns. Absolutely, as 610 00:33:47,840 --> 00:33:50,240 Speaker 1: history has shown us, Jack, the n d a A 611 00:33:50,880 --> 00:33:53,360 Speaker 1: Is is up for a vote pretty soon, right, They've 612 00:33:53,320 --> 00:33:55,000 Speaker 1: got to get this done. Is this impact the debate 613 00:33:55,000 --> 00:33:57,200 Speaker 1: at all or is it separate? It plays into the debate. 614 00:33:57,240 --> 00:33:59,440 Speaker 1: I don't know if it necessarily has a huge impact, 615 00:33:59,480 --> 00:34:02,520 Speaker 1: because it actually seemed to an extent like lawmakers were 616 00:34:02,640 --> 00:34:05,480 Speaker 1: on a track to come together and push back a 617 00:34:05,520 --> 00:34:10,000 Speaker 1: little against Biden who said, let's essentially flatline defense spending, 618 00:34:10,360 --> 00:34:13,520 Speaker 1: and they're already started to be some bipartisan support for 619 00:34:13,560 --> 00:34:18,080 Speaker 1: about a billion dollar increase over what Biden requested. So 620 00:34:18,600 --> 00:34:22,160 Speaker 1: it coincides with a little bit of bipartisan pushback, and 621 00:34:22,200 --> 00:34:24,400 Speaker 1: I think as we go to a floor debate and 622 00:34:24,440 --> 00:34:28,279 Speaker 1: then the appropriations defense debate, it'll play into that. But 623 00:34:28,800 --> 00:34:32,000 Speaker 1: to some extent, I think Biden didn't hold all the 624 00:34:32,080 --> 00:34:36,560 Speaker 1: cards on the issue of defense spending and foreign policy, 625 00:34:36,560 --> 00:34:38,120 Speaker 1: and there was always maybe going to be a little 626 00:34:38,120 --> 00:34:41,560 Speaker 1: bit of pushback, even with a bipartisan flavor to it. 627 00:34:41,760 --> 00:34:43,960 Speaker 1: I'm wondering, before we go away, what what's on your 628 00:34:44,000 --> 00:34:46,960 Speaker 1: minds ahead of this, uh, this protest tomorrow? If if 629 00:34:47,040 --> 00:34:49,920 Speaker 1: you think we've already talked this out, or Jody, if 630 00:34:49,920 --> 00:34:52,160 Speaker 1: you have concerns when you see fence is going back 631 00:34:52,239 --> 00:34:55,080 Speaker 1: up around the US Capital, I think what that. I 632 00:34:55,160 --> 00:34:57,720 Speaker 1: actually think the fence is going up is a good sign. 633 00:34:57,920 --> 00:35:00,759 Speaker 1: It shows that we paid attention. Um there. You know, 634 00:35:00,840 --> 00:35:03,399 Speaker 1: there were all these hearings and all this discussion after 635 00:35:03,480 --> 00:35:06,520 Speaker 1: January six about how didn't they know and how could 636 00:35:06,520 --> 00:35:09,080 Speaker 1: they miss this? And tomorrow, first of all, there won't 637 00:35:09,120 --> 00:35:11,480 Speaker 1: be any lawmakers at the capital. It's a Saturday, and 638 00:35:11,520 --> 00:35:14,400 Speaker 1: they've been told to stay away, so uh, and in 639 00:35:14,440 --> 00:35:17,239 Speaker 1: the National Guards on speed dial and UH, and they're 640 00:35:17,239 --> 00:35:19,680 Speaker 1: getting ready. So I actually think it's it's a good sign. 641 00:35:19,680 --> 00:35:22,000 Speaker 1: I hope we've learned some lessons here and I hope 642 00:35:22,000 --> 00:35:24,279 Speaker 1: it will not be an issue. There was there was 643 00:35:24,360 --> 00:35:28,840 Speaker 1: quite a debate over spending money to secure the capital 644 00:35:29,239 --> 00:35:31,879 Speaker 1: Jack the House and Senate both passed that deal. Right 645 00:35:31,960 --> 00:35:36,440 Speaker 1: this are they investing in hardening the capital for events 646 00:35:36,480 --> 00:35:38,920 Speaker 1: like these? Yeah, they've done some of the upfront stuff, 647 00:35:39,000 --> 00:35:42,000 Speaker 1: and they've essentially had the debate over fencing, and this 648 00:35:42,080 --> 00:35:44,719 Speaker 1: is temporary fencing going up. There is going to need 649 00:35:44,760 --> 00:35:47,600 Speaker 1: to be some follow up over the course of maybe 650 00:35:47,640 --> 00:35:52,000 Speaker 1: a few years in just the regular appropriations bills. But 651 00:35:52,000 --> 00:35:54,160 Speaker 1: but you know the fact that they sort of had 652 00:35:54,200 --> 00:35:57,120 Speaker 1: that hash out in terms of taking down the permanent 653 00:35:57,239 --> 00:35:59,640 Speaker 1: or more permanent fence, and it looked like they got 654 00:35:59,640 --> 00:36:02,080 Speaker 1: this temp very defense up very quickly, and if they 655 00:36:02,120 --> 00:36:05,480 Speaker 1: if they take it down quickly, then it's sort of settled. 656 00:36:05,520 --> 00:36:07,640 Speaker 1: If this stays up for a while, there's probably gonna 657 00:36:07,680 --> 00:36:11,640 Speaker 1: be Republican pushback as there was before, saying Pelosi's overreaching 658 00:36:11,640 --> 00:36:15,400 Speaker 1: with the security measures. But assuming it comes down pretty quickly, 659 00:36:15,680 --> 00:36:19,240 Speaker 1: it seems they have sort of hashed out the fencing 660 00:36:19,320 --> 00:36:22,520 Speaker 1: issues in Congress. To our listeners here in Washington, d C. 661 00:36:22,680 --> 00:36:25,520 Speaker 1: Be careful tomorrow with with where you're going and what 662 00:36:25,600 --> 00:36:28,000 Speaker 1: you do. Let the let law enforcement do its work. 663 00:36:28,440 --> 00:36:30,400 Speaker 1: How about next week, guys, I'd love to hear from 664 00:36:30,440 --> 00:36:33,480 Speaker 1: each of you, Uh, Jody, We're gonna start talking about 665 00:36:33,480 --> 00:36:37,200 Speaker 1: the CR funding the government and Continuing Resolution with rules 666 00:36:37,560 --> 00:36:39,680 Speaker 1: to be drawn up on Monday. Are they going to 667 00:36:39,800 --> 00:36:42,200 Speaker 1: get this done in time? Well, that's the question. And 668 00:36:42,200 --> 00:36:44,680 Speaker 1: what do they try to put on that CR and 669 00:36:44,719 --> 00:36:47,520 Speaker 1: do the does the Democrats end up having to do 670 00:36:47,520 --> 00:36:50,399 Speaker 1: it by themselves which may be the case, And there's 671 00:36:50,400 --> 00:36:53,040 Speaker 1: that debt selling looming out there, Oh and Joe Biden's 672 00:36:53,080 --> 00:36:56,560 Speaker 1: infrastructure package, So there's a lot of things on the 673 00:36:56,560 --> 00:36:58,960 Speaker 1: plate uh that this week. I do think they get 674 00:36:59,000 --> 00:37:01,799 Speaker 1: it done. I don't think people want to repeat. I 675 00:37:01,800 --> 00:37:03,759 Speaker 1: actually think they get the debt ceiling done. They don't 676 00:37:03,760 --> 00:37:07,440 Speaker 1: want to repeat at that downgrade in But how they 677 00:37:07,520 --> 00:37:09,640 Speaker 1: do that, it's you know, going to be messy to watch. 678 00:37:09,920 --> 00:37:12,480 Speaker 1: They have to do a standalone debt ceiling Jack, or 679 00:37:12,480 --> 00:37:15,439 Speaker 1: do they throw that into the Continuing Resolution and pin 680 00:37:15,600 --> 00:37:17,680 Speaker 1: Republicans to the wall with that. It may be the 681 00:37:17,719 --> 00:37:21,640 Speaker 1: case that the Democrats combine the two to make it tough, uh, 682 00:37:21,680 --> 00:37:25,400 Speaker 1: and and put Republicans in a tough position. But Republicans 683 00:37:25,400 --> 00:37:27,000 Speaker 1: have made it clear the votes aren't going to be there, 684 00:37:27,040 --> 00:37:29,759 Speaker 1: so they're probably ultimately going to have to separate the two. 685 00:37:30,239 --> 00:37:33,000 Speaker 1: Stay tuned from war On this next week. Always love 686 00:37:33,040 --> 00:37:36,040 Speaker 1: the reporters round Table, Jack, thank you great work, and Jody, 687 00:37:36,080 --> 00:37:39,320 Speaker 1: thanks for being with us in New York. Bloomberry sound 688 00:37:39,320 --> 00:37:43,680 Speaker 1: On brought you by s e I Challenges, highlight ones, character, partnership, 689 00:37:43,719 --> 00:37:47,279 Speaker 1: and resilience. At SEI, they act as one community with 690 00:37:47,320 --> 00:37:50,760 Speaker 1: their clients. Go to s e i c dot com, 691 00:37:51,000 --> 00:37:55,719 Speaker 1: slash banks and half a weekend. Be safe out there 692 00:37:55,960 --> 00:37:58,640 Speaker 1: and stay cool. If you're in d C. I'm Joe Matthew. 693 00:37:58,640 --> 00:38:01,000 Speaker 1: I'll meet you back here Monday of the fastest hour 694 00:38:01,160 --> 00:38:04,440 Speaker 1: in politics. It's sound On. If you don't catch us live, 695 00:38:04,520 --> 00:38:07,719 Speaker 1: subscribe to the podcast This is Bloomberg