1 00:00:00,080 --> 00:00:10,160 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. Welcome to the Bloomberg 2 00:00:10,240 --> 00:00:15,920 Speaker 1: This Weekend Podcast with David Gura, Christina Raffini, and Elisa Matteo. 3 00:00:17,680 --> 00:00:20,560 Speaker 2: Thanks for joining us for today's selection of conversations from 4 00:00:20,600 --> 00:00:20,959 Speaker 2: the show. 5 00:00:21,200 --> 00:00:23,479 Speaker 3: You can listen to our favorite discussions right here on 6 00:00:23,520 --> 00:00:25,800 Speaker 3: the podcast, but also make sure to join us live 7 00:00:25,960 --> 00:00:28,960 Speaker 3: every Saturday and Sunday morning, starting at seven am Easter. 8 00:00:29,160 --> 00:00:32,760 Speaker 4: We're on Bloomberg Television, Radio and the Bloomberg Business App, 9 00:00:33,040 --> 00:00:37,600 Speaker 4: bringing you unique takes and in depth interviews on news, politics, 10 00:00:37,680 --> 00:00:39,120 Speaker 4: lifestyle and culture. 11 00:00:41,479 --> 00:00:43,160 Speaker 3: All right, it's been a little over twenty four hours 12 00:00:43,200 --> 00:00:46,800 Speaker 3: since Spirit Airlines ceased operations after thirty four years in business, 13 00:00:46,840 --> 00:00:50,040 Speaker 3: sending passengers scrambling to book flights on other carriers. 14 00:00:50,240 --> 00:00:52,680 Speaker 2: Ticket counters are now dark at nearly one hundred airport 15 00:00:52,720 --> 00:00:55,920 Speaker 2: locations where Spirit once flew. In addition to travelers, some 16 00:00:56,080 --> 00:00:59,120 Speaker 2: seventeen thousand employees, contractors and pilots are. 17 00:00:59,000 --> 00:00:59,640 Speaker 5: Out of a job. 18 00:01:00,080 --> 00:01:02,360 Speaker 2: Join us now, Chris and a new president and CEO 19 00:01:02,480 --> 00:01:04,120 Speaker 2: of Airlines for America. 20 00:01:04,200 --> 00:01:05,600 Speaker 6: Thank you so much for joining us. 21 00:01:05,920 --> 00:01:08,200 Speaker 2: First of all, I guess the big question is how 22 00:01:08,240 --> 00:01:11,959 Speaker 2: do Spirit going out of business impacts the airline industry overall. 23 00:01:12,000 --> 00:01:13,560 Speaker 2: What's the biggest thing we're going to see coming out 24 00:01:13,560 --> 00:01:13,880 Speaker 2: of this. 25 00:01:15,920 --> 00:01:17,319 Speaker 7: Well, I think two things. 26 00:01:17,319 --> 00:01:20,240 Speaker 8: In the short term, I think everyone's scrambling to say, Okay, 27 00:01:20,240 --> 00:01:21,759 Speaker 8: how do we take care of those customers? 28 00:01:21,800 --> 00:01:21,959 Speaker 4: Right? 29 00:01:22,040 --> 00:01:23,800 Speaker 7: And how do customers get their money back? 30 00:01:23,840 --> 00:01:25,520 Speaker 8: And they can go to the Spirit website to get 31 00:01:25,520 --> 00:01:29,320 Speaker 8: their money back. And then you have folks like United Airlines, Southwest, Jet, Blue, 32 00:01:29,319 --> 00:01:32,560 Speaker 8: Delta American. They're all providing capitated rates, so they want 33 00:01:32,600 --> 00:01:35,280 Speaker 8: to get those customers taken care of that have plans 34 00:01:35,280 --> 00:01:36,039 Speaker 8: over the next month. 35 00:01:36,160 --> 00:01:38,000 Speaker 7: How do the employees get taken care of? 36 00:01:38,360 --> 00:01:42,720 Speaker 8: They also get preferential treatment with all the existing airlines 37 00:01:42,760 --> 00:01:45,360 Speaker 8: in terms of new jobs and new opportunities there. And 38 00:01:45,400 --> 00:01:47,920 Speaker 8: then in the long term, it's really about making sure 39 00:01:47,960 --> 00:01:52,200 Speaker 8: that the airspace as a whole, which America has the 40 00:01:52,240 --> 00:01:55,040 Speaker 8: strongest airspace in the country. We're rebuilding our air traffic 41 00:01:55,040 --> 00:01:58,360 Speaker 8: control system that again that is robust for the customer. 42 00:01:58,880 --> 00:02:01,040 Speaker 8: And I mean not to go too far afield, but 43 00:02:01,360 --> 00:02:04,120 Speaker 8: we've had two government shutdowns, right. We saw the TSA 44 00:02:04,240 --> 00:02:06,840 Speaker 8: lines because Congress could get their act together. We saw 45 00:02:06,840 --> 00:02:09,840 Speaker 8: the air traffic controllers not getting paid for six seven, eight, 46 00:02:09,880 --> 00:02:12,680 Speaker 8: weeks back in the fall. That system has to work 47 00:02:12,720 --> 00:02:15,480 Speaker 8: as well to make sure that all these other pieces move. 48 00:02:15,680 --> 00:02:17,359 Speaker 7: And unfortunately there's a lesson. 49 00:02:17,040 --> 00:02:19,639 Speaker 8: Here, right So when the merger was going to happen 50 00:02:19,720 --> 00:02:22,720 Speaker 8: between JetBlue and Spirit, that would have put almost four 51 00:02:22,760 --> 00:02:26,920 Speaker 8: billion dollars into Spirit, and the Biden administration crushed it 52 00:02:27,000 --> 00:02:29,600 Speaker 8: and they got political with it, and that was again, 53 00:02:29,639 --> 00:02:32,359 Speaker 8: hopefully the lesson there is when a business comes calling, 54 00:02:32,520 --> 00:02:34,880 Speaker 8: look at the financials, look at the business case, look 55 00:02:34,880 --> 00:02:36,560 Speaker 8: at how it's going to affect the customers, and make 56 00:02:36,600 --> 00:02:39,840 Speaker 8: your decision based on that, not on politics. So some 57 00:02:39,960 --> 00:02:42,919 Speaker 8: lessons learned. I think the industry is responding very well. 58 00:02:43,000 --> 00:02:45,240 Speaker 8: We just want to make sure that folks feel comfortable 59 00:02:45,400 --> 00:02:46,720 Speaker 8: preparing for their summer. 60 00:02:46,520 --> 00:02:48,520 Speaker 3: Deby let me ask you about what might happen next. 61 00:02:48,520 --> 00:02:51,320 Speaker 3: And there's been speculation to other ultra low cost airlines 62 00:02:51,320 --> 00:02:53,359 Speaker 3: are going to be in a pinch as well. Obviously, 63 00:02:53,400 --> 00:02:55,880 Speaker 3: the Spirit situation was unique in many ways. You had 64 00:02:55,880 --> 00:03:00,720 Speaker 3: the Transportation Secretary yesterday batting down calls for their bailouts 65 00:03:00,800 --> 00:03:02,480 Speaker 3: or the need for bailouts, and it's something that your 66 00:03:02,480 --> 00:03:04,000 Speaker 3: group has opposed as well. I'll read a bit from 67 00:03:04,000 --> 00:03:06,440 Speaker 3: a statement that you all released government or invention on 68 00:03:06,480 --> 00:03:08,760 Speaker 3: behalf of those airlines would punish other airlines that have 69 00:03:08,840 --> 00:03:11,600 Speaker 3: engaged in self help in order to deal with increased costs, 70 00:03:11,680 --> 00:03:14,840 Speaker 3: reward airlines who haven't made those tough decisions. That is 71 00:03:14,919 --> 00:03:17,639 Speaker 3: not a level playing field. So we see your opposition 72 00:03:17,680 --> 00:03:20,480 Speaker 3: there to these government bailouts. Are you worried about the 73 00:03:20,480 --> 00:03:23,680 Speaker 3: industry broadly, especially at that lower range of affairs? 74 00:03:26,320 --> 00:03:28,840 Speaker 8: No, I look at competition works, right, and so when 75 00:03:29,120 --> 00:03:31,560 Speaker 8: we have a lot of different carriers there, it's Frontier, 76 00:03:31,680 --> 00:03:34,320 Speaker 8: it's sun Country, it's our velow. Breeze is actually a 77 00:03:34,360 --> 00:03:37,400 Speaker 8: new entrant there. Breeze is a very interesting airline with 78 00:03:37,480 --> 00:03:39,280 Speaker 8: a lot of opportunities. They don't use kind of the 79 00:03:39,960 --> 00:03:42,680 Speaker 8: primary airports, that use some of the secondary airports, providing 80 00:03:42,680 --> 00:03:45,560 Speaker 8: a low cost option for those customers. So, look, if 81 00:03:46,400 --> 00:03:48,280 Speaker 8: the Breezes of the world and some of these others 82 00:03:48,280 --> 00:03:50,920 Speaker 8: weren't doing okay, you can make I think you could 83 00:03:50,920 --> 00:03:53,400 Speaker 8: make that case. But there has to be competition at 84 00:03:53,440 --> 00:03:57,120 Speaker 8: that level, right, And those models can't be kind of 85 00:03:57,160 --> 00:04:00,760 Speaker 8: an older fashion type type models. 86 00:04:00,760 --> 00:04:02,440 Speaker 7: They have to compete in this new world. 87 00:04:02,760 --> 00:04:06,080 Speaker 8: Now again, a lot of these problems financially were happening 88 00:04:06,200 --> 00:04:09,480 Speaker 8: long before the fuel crisis and the jet fuel crisis 89 00:04:09,760 --> 00:04:11,480 Speaker 8: of the last couple of months. I mean, Spirit was 90 00:04:11,480 --> 00:04:13,760 Speaker 8: in trouble years and years ago, so it's not a 91 00:04:13,760 --> 00:04:16,640 Speaker 8: function of that. But when you have the high fuel cost, 92 00:04:16,880 --> 00:04:19,800 Speaker 8: these massive new labor costs. I mean, right now, the 93 00:04:19,880 --> 00:04:22,320 Speaker 8: industry as a whole has about a four to five 94 00:04:22,400 --> 00:04:25,719 Speaker 8: percent profit margin. That's it, four to five percent because 95 00:04:25,720 --> 00:04:29,479 Speaker 8: they've kept their cost solow for the customer, so you'll 96 00:04:29,480 --> 00:04:29,960 Speaker 8: see some. 97 00:04:29,880 --> 00:04:30,840 Speaker 7: Of those move a little bit. 98 00:04:30,880 --> 00:04:33,039 Speaker 8: They have a lot of options now that they didn't 99 00:04:33,040 --> 00:04:35,400 Speaker 8: have before. So as a customer, you can get that 100 00:04:35,440 --> 00:04:38,880 Speaker 8: basic economy seat super cheap, even on the Deltas and 101 00:04:39,000 --> 00:04:42,000 Speaker 8: United and Americans, you can choose to whether you know 102 00:04:42,040 --> 00:04:44,279 Speaker 8: you want to pay for baggage, you can choose for 103 00:04:44,320 --> 00:04:46,000 Speaker 8: that upgrade of that extra legroom. 104 00:04:46,080 --> 00:04:47,400 Speaker 7: So they're giving the customer. 105 00:04:47,640 --> 00:04:50,159 Speaker 8: The new models give the customer a lot more flexibility 106 00:04:50,200 --> 00:04:53,400 Speaker 8: in designing their product and their price point, and everyone 107 00:04:53,440 --> 00:04:55,000 Speaker 8: has to kind of come along with that. So I 108 00:04:55,000 --> 00:04:58,719 Speaker 8: think it's just a faction of getting those ultra low 109 00:04:58,760 --> 00:05:02,040 Speaker 8: cost carriers to maybe update their models a little bit. 110 00:05:02,279 --> 00:05:05,240 Speaker 8: But overall, the industry is very strong. There's a lot 111 00:05:05,240 --> 00:05:08,400 Speaker 8: of opportunity for customers out there. So, yeah, you gonna 112 00:05:08,440 --> 00:05:12,080 Speaker 8: have ebbs and flows here with different carriers, but at 113 00:05:12,080 --> 00:05:13,600 Speaker 8: the end of the day, the customer is going to 114 00:05:13,640 --> 00:05:14,360 Speaker 8: win out. 115 00:05:14,800 --> 00:05:16,719 Speaker 2: But let me ask you, because I know that for 116 00:05:16,760 --> 00:05:18,440 Speaker 2: a lot of airlines, a lot of the bigger airlines, 117 00:05:18,440 --> 00:05:20,480 Speaker 2: a lot of those economy seats are they're flying at 118 00:05:20,480 --> 00:05:22,479 Speaker 2: a loss. Where they're really making money is in the 119 00:05:22,480 --> 00:05:24,520 Speaker 2: front of the plane, and that's why we're seeing additions 120 00:05:24,520 --> 00:05:28,280 Speaker 2: of higher cost seats, business class, economy plus things like that. 121 00:05:28,600 --> 00:05:31,120 Speaker 2: So when you're getting the squeeze on these cheaper airlines, 122 00:05:31,480 --> 00:05:33,880 Speaker 2: is it really fair to say that these other airlines 123 00:05:33,880 --> 00:05:35,320 Speaker 2: are going to pick up the slack and add more 124 00:05:35,360 --> 00:05:37,200 Speaker 2: of these cheaper seats because they're not making money off 125 00:05:37,200 --> 00:05:39,560 Speaker 2: of them. 126 00:05:39,800 --> 00:05:41,800 Speaker 8: Well, again, they have to look at at what their 127 00:05:41,839 --> 00:05:44,719 Speaker 8: customers are looking for, what the typer product is, and 128 00:05:44,760 --> 00:05:47,640 Speaker 8: so they have the ability to add higher end product. 129 00:05:47,880 --> 00:05:49,839 Speaker 8: And again, their higher end product might look a little 130 00:05:49,880 --> 00:05:52,440 Speaker 8: different than some of the other carriers products, but that 131 00:05:52,480 --> 00:05:54,760 Speaker 8: product has to has to kind of fit the model 132 00:05:54,800 --> 00:05:58,880 Speaker 8: of what they're doing. Now, Yes, the larger carriers basically 133 00:05:58,960 --> 00:06:02,520 Speaker 8: only make money going internationally, I mean even domestically. Some 134 00:06:02,600 --> 00:06:04,440 Speaker 8: of the higher end seats make a little bit of money. 135 00:06:04,480 --> 00:06:08,400 Speaker 8: All the economy seats effectively can lose a bit of money. 136 00:06:08,440 --> 00:06:11,040 Speaker 8: So again, you have to look at your product that 137 00:06:11,320 --> 00:06:13,640 Speaker 8: you're placing. You can't just provide the same products that 138 00:06:13,680 --> 00:06:16,719 Speaker 8: you were doing back in twenty sixteen, twenty seventeen, twenty eighteen. 139 00:06:16,720 --> 00:06:18,000 Speaker 7: You have to update those models. 140 00:06:18,000 --> 00:06:20,839 Speaker 8: And for the carriers that didn't update that kind of 141 00:06:20,839 --> 00:06:24,160 Speaker 8: stayed with the old fashioned way, Yeah, they're probably suffering 142 00:06:24,200 --> 00:06:26,880 Speaker 8: a little more. Everybody's moving forward and kind of looking 143 00:06:26,880 --> 00:06:28,520 Speaker 8: at that product spectrum. 144 00:06:29,040 --> 00:06:31,279 Speaker 3: I'd like to ask you about the interface between airlines 145 00:06:31,360 --> 00:06:33,440 Speaker 3: and the administration. Play a bit of sound here from 146 00:06:33,480 --> 00:06:36,360 Speaker 3: Sean Duffy, the Transportation Secretary, who gave a news conference 147 00:06:36,440 --> 00:06:39,000 Speaker 3: yesterday at Newark Liberty International Airport. Take a listen to 148 00:06:39,040 --> 00:06:39,679 Speaker 3: what he had to say. 149 00:06:40,120 --> 00:06:43,520 Speaker 9: Now, you've heard that other airlines have talked about requesting 150 00:06:43,560 --> 00:06:46,680 Speaker 9: a two point five billion dollar bailout. I am in 151 00:06:47,200 --> 00:06:49,600 Speaker 9: continual contact and my team is in contact with all 152 00:06:49,600 --> 00:06:53,120 Speaker 9: the CEOs of the airlines. I would say that at 153 00:06:53,120 --> 00:06:56,160 Speaker 9: this point, I don't think it's necessary. They do have 154 00:06:56,200 --> 00:06:59,000 Speaker 9: access to cash. If they want to come to the 155 00:06:59,080 --> 00:07:03,039 Speaker 9: US government, we would be a lender of last resort 156 00:07:03,120 --> 00:07:06,160 Speaker 9: if they can find dollars in the private markets, I 157 00:07:06,200 --> 00:07:07,320 Speaker 9: think that's better for them. 158 00:07:07,839 --> 00:07:09,600 Speaker 3: Governor, I'd love your reaction to that. I think of 159 00:07:09,640 --> 00:07:13,360 Speaker 3: you as a traditional Republican, New Hampshire Republican, New England Republican, 160 00:07:13,720 --> 00:07:15,640 Speaker 3: and you hear him talk about the government being a 161 00:07:15,680 --> 00:07:18,680 Speaker 3: lender of last resort to these airlines. Obviously, this conversation 162 00:07:18,720 --> 00:07:23,400 Speaker 3: about bailouts, the continued conversations between the administration and executives 163 00:07:23,440 --> 00:07:25,120 Speaker 3: as well. How do you feel about that? Are you 164 00:07:25,200 --> 00:07:27,160 Speaker 3: Are you comfortable with the government playing this role at 165 00:07:27,160 --> 00:07:29,680 Speaker 3: a time and we have seen the administration taking a 166 00:07:29,720 --> 00:07:31,280 Speaker 3: stake in many private companies. 167 00:07:33,280 --> 00:07:35,800 Speaker 7: Yeah, well, I think a Secretary Duffy is spot on. 168 00:07:35,880 --> 00:07:38,200 Speaker 8: He's saying, look, the government isn't here just to bail 169 00:07:38,240 --> 00:07:41,440 Speaker 8: everybody out when a business needs money, right if there 170 00:07:41,480 --> 00:07:43,560 Speaker 8: was a crisis situation. I mean, that's why he kind 171 00:07:43,600 --> 00:07:46,400 Speaker 8: of used the term lender of last resort. But it 172 00:07:46,440 --> 00:07:48,320 Speaker 8: isn't just we're going to be the government should be 173 00:07:48,360 --> 00:07:51,640 Speaker 8: a lender there if they are extranuating circumstances or something 174 00:07:51,680 --> 00:07:55,000 Speaker 8: like that. What he's really referring to is, yes, spirit 175 00:07:55,080 --> 00:07:58,400 Speaker 8: came for a bailout, which made no financial sense whatsoever, 176 00:07:58,720 --> 00:08:01,320 Speaker 8: because they had no assets, they had massive amounts of debt, 177 00:08:01,480 --> 00:08:04,119 Speaker 8: and then all the other carriers, just the low cost guys, 178 00:08:04,400 --> 00:08:05,760 Speaker 8: just said, oh yeah, by the way, how about we 179 00:08:05,760 --> 00:08:07,800 Speaker 8: get two and a half billion two even when some 180 00:08:07,840 --> 00:08:11,200 Speaker 8: of them didn't need it. It really didn't make a 181 00:08:11,200 --> 00:08:13,880 Speaker 8: lot of sense. It was more of an opportunity, as 182 00:08:13,920 --> 00:08:16,840 Speaker 8: the secretary pointed out, than a real need into the industry. 183 00:08:16,880 --> 00:08:19,240 Speaker 8: So no, I'm not a big believer of these bailouts 184 00:08:19,520 --> 00:08:20,280 Speaker 8: by any means. 185 00:08:20,800 --> 00:08:21,600 Speaker 7: I think the government. 186 00:08:21,680 --> 00:08:24,960 Speaker 8: I think President Trump deserves some credit for trying with spirit. 187 00:08:25,160 --> 00:08:26,840 Speaker 8: I mean, he said, let's take a real look at it, 188 00:08:27,160 --> 00:08:28,720 Speaker 8: let's see how we make sure the customers and the 189 00:08:28,720 --> 00:08:31,400 Speaker 8: employees are taken care of. But it made no financial 190 00:08:31,440 --> 00:08:33,560 Speaker 8: sense because its assets had been so gutted. 191 00:08:33,559 --> 00:08:35,400 Speaker 7: They didn't even own their own planes, right. 192 00:08:35,400 --> 00:08:37,520 Speaker 8: They had billions and billions of debt and they had 193 00:08:37,640 --> 00:08:40,400 Speaker 8: virtually no assets to back it up. So again, I 194 00:08:40,440 --> 00:08:43,160 Speaker 8: give the president credit for trying and the administration at 195 00:08:43,240 --> 00:08:46,480 Speaker 8: least taking a look. But to Secretary Duffy's point, the 196 00:08:46,520 --> 00:08:48,880 Speaker 8: government just isn't here to save your business when you 197 00:08:48,920 --> 00:08:51,880 Speaker 8: have a bad business model, save something that doesn't have 198 00:08:51,960 --> 00:08:55,120 Speaker 8: real value or isn't part of that national strategic need 199 00:08:55,559 --> 00:08:57,839 Speaker 8: that might be out there. So no, it's whenever the 200 00:08:57,880 --> 00:08:59,959 Speaker 8: government gets involved, you better be again. 201 00:08:59,800 --> 00:09:03,720 Speaker 7: Really really really really really really cautious, and they're going 202 00:09:03,800 --> 00:09:03,920 Speaker 7: to be. 203 00:09:08,520 --> 00:09:11,480 Speaker 8: Okay, I'm being a little bit of the politician there, 204 00:09:11,480 --> 00:09:15,079 Speaker 8: because yeah, these bailouts, I mean, it's a domino effect. 205 00:09:15,440 --> 00:09:17,679 Speaker 7: When when does it stop? Right at that point? 206 00:09:17,760 --> 00:09:20,560 Speaker 8: So, now businesses need to update and advance the models, 207 00:09:20,559 --> 00:09:22,360 Speaker 8: and a lot of the low cost carriers have done 208 00:09:22,400 --> 00:09:23,400 Speaker 8: that for their customers. 209 00:09:23,400 --> 00:09:24,080 Speaker 7: I think it's great. 210 00:09:24,280 --> 00:09:27,079 Speaker 8: They're looking at maybe trying a little more international, they're 211 00:09:27,120 --> 00:09:29,400 Speaker 8: look at they're looking at trying to upgrade the front 212 00:09:29,400 --> 00:09:32,520 Speaker 8: of their planes. Look what Southwest just did, right, Southwest 213 00:09:32,520 --> 00:09:35,760 Speaker 8: now has the assigned seating. The upgrades they're doing phenomenal 214 00:09:35,840 --> 00:09:39,640 Speaker 8: over there. United Airlines has made and Delta made some huge, 215 00:09:39,800 --> 00:09:44,640 Speaker 8: huge advances American as well. So everyone's adapting, everyone's modifying 216 00:09:44,679 --> 00:09:48,640 Speaker 8: that what they provide based on the needs of the business. 217 00:09:48,720 --> 00:09:50,920 Speaker 8: And and that's the way business should work, right, that's 218 00:09:50,960 --> 00:09:53,840 Speaker 8: the way competition works. When when the Biden administration got 219 00:09:53,880 --> 00:09:56,320 Speaker 8: involved and said, oh no, we're not gonna help, We're 220 00:09:56,360 --> 00:09:59,160 Speaker 8: not gonna let a merger take place, a private merger 221 00:09:59,520 --> 00:10:02,480 Speaker 8: take place for competition. They just didn't even try to 222 00:10:02,520 --> 00:10:05,560 Speaker 8: look at the business case model and understand what the 223 00:10:05,640 --> 00:10:06,080 Speaker 8: need was. 224 00:10:06,160 --> 00:10:06,280 Speaker 9: Right. 225 00:10:06,320 --> 00:10:07,959 Speaker 8: They weren't asking the government for money. They were just 226 00:10:08,040 --> 00:10:10,640 Speaker 8: has some government for permission to let businesses do what 227 00:10:10,679 --> 00:10:13,320 Speaker 8: they do best. And you know, a typical case of 228 00:10:13,320 --> 00:10:15,320 Speaker 8: the government thinking they're smarter than everybody else. But they 229 00:10:15,360 --> 00:10:17,520 Speaker 8: were dead wrong on this. And you know, you saw 230 00:10:17,559 --> 00:10:20,920 Speaker 8: that Spirit customer there, she's nervous. You know, sure the 231 00:10:20,960 --> 00:10:23,560 Speaker 8: airline she used to use is now gone because bad 232 00:10:23,600 --> 00:10:26,120 Speaker 8: government got involved. So look, the good news is there's 233 00:10:26,120 --> 00:10:27,640 Speaker 8: a lot of other carriers out there. There's a lot 234 00:10:27,640 --> 00:10:31,120 Speaker 8: of opportunities out there, low cost, higher and international. There's 235 00:10:31,120 --> 00:10:33,600 Speaker 8: a lot of product there for folks to dive into. 236 00:10:33,640 --> 00:10:35,800 Speaker 8: And I think what the other these airlines are doing 237 00:10:35,920 --> 00:10:40,040 Speaker 8: right now today for those Spirit customers with their capped 238 00:10:40,120 --> 00:10:44,120 Speaker 8: rates is a huge opportunity. I think United has. Just yesterday, 239 00:10:44,320 --> 00:10:48,600 Speaker 8: unitedd twenty seven thousand Spirit customers. Southwest did over twenty 240 00:10:48,720 --> 00:10:51,920 Speaker 8: thousand move those customers seamlessly over in less than a 241 00:10:52,000 --> 00:10:56,520 Speaker 8: day to their carriers to make sure that those folks 242 00:10:56,600 --> 00:10:58,640 Speaker 8: were taken care of at a limited rate. So I 243 00:10:58,640 --> 00:10:59,680 Speaker 8: think everyone's pitching in. 244 00:11:00,000 --> 00:11:00,440 Speaker 6: All right, Governor. 245 00:11:00,480 --> 00:11:02,120 Speaker 2: Before we let you go, you talked about these airlines 246 00:11:02,120 --> 00:11:04,520 Speaker 2: needing to adapt their business models. One thing it is 247 00:11:04,559 --> 00:11:07,680 Speaker 2: hard to adapt two or four is the current price 248 00:11:07,760 --> 00:11:10,960 Speaker 2: of oil and fuel, and that's really was the nail 249 00:11:10,960 --> 00:11:13,199 Speaker 2: in the coffin. It seems like force spirit and could 250 00:11:13,320 --> 00:11:15,520 Speaker 2: cause trouble for a lot of these other airlines. How 251 00:11:15,559 --> 00:11:18,720 Speaker 2: long can they sustain this current pricing and what do 252 00:11:18,800 --> 00:11:20,320 Speaker 2: they do if it doesn't go down by the end 253 00:11:20,320 --> 00:11:20,680 Speaker 2: of the year. 254 00:11:22,640 --> 00:11:25,360 Speaker 8: Sure, So I got to be clear the fuel price 255 00:11:25,559 --> 00:11:27,040 Speaker 8: was not the death nail of spirit. 256 00:11:27,120 --> 00:11:29,120 Speaker 7: It had nothing that you did say it was in 257 00:11:29,160 --> 00:11:29,640 Speaker 7: his statement. 258 00:11:29,640 --> 00:11:31,080 Speaker 3: I did say it was a year was a part 259 00:11:31,080 --> 00:11:34,720 Speaker 3: of it. He talked about the mergery. It would say 260 00:11:34,720 --> 00:11:37,000 Speaker 3: in his statement the fuel prices were a compounding factor. 261 00:11:40,280 --> 00:11:42,760 Speaker 8: I'm just telling you then they wouldn't have been filing 262 00:11:42,760 --> 00:11:45,520 Speaker 8: for bankruptcy two years ago, right. I mean that it 263 00:11:45,679 --> 00:11:48,040 Speaker 8: just we're in a death spile of losing their assets, 264 00:11:48,360 --> 00:11:51,560 Speaker 8: the labor costs, the supply chain issues post COVID, I mean, 265 00:11:51,559 --> 00:11:53,280 Speaker 8: there's a lot of other To your point, there's a 266 00:11:53,320 --> 00:11:55,840 Speaker 8: lot of costs bearing down on this industry that for 267 00:11:55,880 --> 00:11:57,920 Speaker 8: the most part the airlines just kind of eat it. 268 00:11:57,920 --> 00:12:00,800 Speaker 8: They lose profit on it because trying to provide that 269 00:12:00,880 --> 00:12:04,000 Speaker 8: competitive aspect for the customer. Will we see prices move 270 00:12:04,040 --> 00:12:07,040 Speaker 8: a little bit, yeah, maybe five or six or seven percent, 271 00:12:07,200 --> 00:12:10,000 Speaker 8: but not like the doubling of prices that would probably 272 00:12:10,120 --> 00:12:13,440 Speaker 8: justify the doubling and tripling of fuel costs of jet. 273 00:12:13,200 --> 00:12:14,439 Speaker 7: Fuel that we're seeing out there. 274 00:12:14,600 --> 00:12:17,560 Speaker 8: So what happens kind of in the short term, the 275 00:12:17,640 --> 00:12:19,640 Speaker 8: airlines can withstand this, you know, at least for three 276 00:12:19,760 --> 00:12:22,679 Speaker 8: or four months. As you know, as oil prices go up, 277 00:12:22,960 --> 00:12:25,080 Speaker 8: they go down. When they finally start going down, they're 278 00:12:25,080 --> 00:12:27,800 Speaker 8: going to go down slowly, right, It's not like if 279 00:12:27,880 --> 00:12:30,600 Speaker 8: the straight of horn Moose open tomorrow everything comes back 280 00:12:30,640 --> 00:12:33,320 Speaker 8: to normal. It is going to take some time, both 281 00:12:33,400 --> 00:12:36,920 Speaker 8: in the trucking industry, the airline industry, pretty much anybody 282 00:12:36,920 --> 00:12:39,360 Speaker 8: that uses fuel in any way. It's going to take 283 00:12:39,400 --> 00:12:41,640 Speaker 8: some time to get back to some normalcy on that. 284 00:12:42,240 --> 00:12:45,080 Speaker 8: But again, the airlines are resilient, right, They're willing to 285 00:12:45,080 --> 00:12:47,160 Speaker 8: eat a lot of that cost. They're willing to always 286 00:12:47,160 --> 00:12:49,760 Speaker 8: provide a better product for their customer. And again, the 287 00:12:49,760 --> 00:12:52,760 Speaker 8: customers have so many other choices out there between the 288 00:12:52,760 --> 00:12:55,760 Speaker 8: airlines themselves that there is a lot of variability that 289 00:12:55,920 --> 00:12:58,280 Speaker 8: allows the customer to make good financial decision. 290 00:12:58,400 --> 00:12:59,520 Speaker 6: Okay, we're gonna have to leave it there. 291 00:13:00,160 --> 00:13:02,760 Speaker 2: Former republic Governor of New Hampshire and president and CEO 292 00:13:02,880 --> 00:13:04,439 Speaker 2: of Airlines for America, thank. 293 00:13:04,280 --> 00:13:05,120 Speaker 6: You for taking time to dress. 294 00:13:05,160 --> 00:13:06,520 Speaker 3: Thank you for your time. I'm going to just reference 295 00:13:06,559 --> 00:13:08,319 Speaker 3: that statement that I mentioned here again, this was from 296 00:13:08,360 --> 00:13:08,920 Speaker 3: Dave Davis. This. 297 00:13:09,040 --> 00:13:11,040 Speaker 6: I appreciate the backup from my coaker remember here. 298 00:13:11,559 --> 00:13:14,720 Speaker 3: Yes, he did cite the restructuring the issues bondholders said. However, 299 00:13:14,800 --> 00:13:16,920 Speaker 3: the sun and sustained rise and fuel prices in recent 300 00:13:16,920 --> 00:13:19,520 Speaker 3: weeks ultimately has left us with no alternative but to 301 00:13:19,520 --> 00:13:24,480 Speaker 3: pursue an orderly wind down. Stay with us for more 302 00:13:24,640 --> 00:13:39,120 Speaker 3: on Bloomberg this weekend. Right after this, customers of Spirit 303 00:13:39,160 --> 00:13:42,040 Speaker 3: Airlines across the country are in the process of rearranging 304 00:13:42,400 --> 00:13:44,480 Speaker 3: their travel on this Sunday morning, and in some cases 305 00:13:44,480 --> 00:13:46,800 Speaker 3: they're trying to get their money back after Spirit closed 306 00:13:46,800 --> 00:13:49,240 Speaker 3: down over the weekend following the company and its creditors 307 00:13:49,280 --> 00:13:51,880 Speaker 3: and the Trump administration failing to reach an agreement for 308 00:13:51,920 --> 00:13:53,480 Speaker 3: a bailout on deadline. 309 00:13:53,640 --> 00:13:56,640 Speaker 2: Now there's concern about other low cost carriers that are 310 00:13:56,679 --> 00:13:59,480 Speaker 2: also grappling with fuel prices. Of course, those prices of 311 00:13:59,480 --> 00:14:02,120 Speaker 2: spiked matically since the start of the war with Iran. 312 00:14:02,520 --> 00:14:05,160 Speaker 2: Joining US now is a member of the House Transportation 313 00:14:05,200 --> 00:14:09,720 Speaker 2: and Infrastructure Committee. Congressman Kevin Kylie, who represents California's third district. 314 00:14:09,720 --> 00:14:12,000 Speaker 2: He was elected as a Republican but is running for 315 00:14:12,080 --> 00:14:15,400 Speaker 2: re election as an independent. Charsman, thank you for joining us. 316 00:14:15,440 --> 00:14:17,680 Speaker 2: I just want to start off, what is the government's 317 00:14:17,760 --> 00:14:19,920 Speaker 2: role here? What should the government be doing? Should the 318 00:14:19,960 --> 00:14:22,760 Speaker 2: government be doing anything to help these airlines given the 319 00:14:22,800 --> 00:14:23,920 Speaker 2: cost of fuel right now? 320 00:14:25,240 --> 00:14:28,720 Speaker 10: Well, it's certainly true that the cost of fuel is 321 00:14:29,360 --> 00:14:33,760 Speaker 10: a major input for airlines, and it's something that is perceived, 322 00:14:33,840 --> 00:14:37,800 Speaker 10: as I believe in reality, going to be temporary. And 323 00:14:37,920 --> 00:14:41,920 Speaker 10: you know, once we have a sustainable resolution to the 324 00:14:41,960 --> 00:14:46,200 Speaker 10: Cono brand, you should see prices come down across the board. 325 00:14:46,280 --> 00:14:49,120 Speaker 10: And so if this is sort of the limiting factor 326 00:14:49,800 --> 00:14:53,240 Speaker 10: right now and one which will be short term, then 327 00:14:53,280 --> 00:14:56,440 Speaker 10: perhaps there's an argument to be made that, you know, 328 00:14:56,520 --> 00:15:02,600 Speaker 10: you don't want enterprises to collapse systematically based upon what 329 00:15:02,720 --> 00:15:06,320 Speaker 10: is a temporary condition. So if that's the situation, it's 330 00:15:06,320 --> 00:15:08,680 Speaker 10: a very different one than if you have an enterprise 331 00:15:08,760 --> 00:15:11,240 Speaker 10: that you know, just has a totally unsustainable balance sheet 332 00:15:11,400 --> 00:15:12,240 Speaker 10: or isn't viable. 333 00:15:12,600 --> 00:15:14,640 Speaker 3: You've had a number of these ultra low cost airlines 334 00:15:14,680 --> 00:15:16,840 Speaker 3: going to the White House, going to the Transportation Department 335 00:15:16,920 --> 00:15:19,800 Speaker 3: saying their situation is a bit precarious. Here you have 336 00:15:19,880 --> 00:15:23,560 Speaker 3: had a front row seat to the effect that the 337 00:15:23,560 --> 00:15:26,560 Speaker 3: pressures on low cost airlines have had. So Spirit flew 338 00:15:26,560 --> 00:15:28,760 Speaker 3: out of Sacramento. I think until October of last year 339 00:15:28,760 --> 00:15:32,200 Speaker 3: they ended those those routes out of Sacramento in National Airport. 340 00:15:32,720 --> 00:15:35,160 Speaker 3: How acute is that pressure? How worried are you about 341 00:15:35,360 --> 00:15:37,280 Speaker 3: having that low end of the spectrum there when it 342 00:15:37,280 --> 00:15:38,040 Speaker 3: comes to carriers? 343 00:15:39,360 --> 00:15:42,520 Speaker 10: Yeah, I mean obviously, you know, people rely upon these flights, 344 00:15:42,720 --> 00:15:45,200 Speaker 10: folks who are on a budget and need to go 345 00:15:45,320 --> 00:15:48,400 Speaker 10: visit their relatives or need to travel for whatever business 346 00:15:48,480 --> 00:15:51,920 Speaker 10: or personal reasons. And so if you have that, you 347 00:15:51,960 --> 00:15:54,560 Speaker 10: know that part of the market that is going to 348 00:15:54,560 --> 00:15:57,240 Speaker 10: be much more limited or you know, is not going 349 00:15:57,240 --> 00:15:58,840 Speaker 10: to be an option for a lot of people. That 350 00:15:58,960 --> 00:16:00,760 Speaker 10: is a big issue I've read. Actually, you're right, we 351 00:16:00,760 --> 00:16:04,560 Speaker 10: did have a Spirit flight out of Sacramentos which I've taken. 352 00:16:05,200 --> 00:16:07,920 Speaker 10: So I think that you know, it is very concerning 353 00:16:07,960 --> 00:16:09,640 Speaker 10: if you start to see more of some sort of 354 00:16:09,720 --> 00:16:10,680 Speaker 10: domino effect here. 355 00:16:11,200 --> 00:16:13,880 Speaker 2: I think it all just goes into affordability, and we're 356 00:16:13,920 --> 00:16:15,320 Speaker 2: going to talk about some of this pulling later in 357 00:16:15,360 --> 00:16:17,760 Speaker 2: the show. But Americans more and more just feeling like 358 00:16:17,800 --> 00:16:20,240 Speaker 2: they're really getting the squeeze kind of everywhere. And I'm 359 00:16:20,240 --> 00:16:23,800 Speaker 2: wondering going into November, what you're hearing from your constituents 360 00:16:23,840 --> 00:16:25,880 Speaker 2: about the cost of living and who they think is 361 00:16:25,960 --> 00:16:27,680 Speaker 2: responsible for those prices going up. 362 00:16:29,120 --> 00:16:31,880 Speaker 10: Yeah, well, it's absolutely the number one issue for folks 363 00:16:31,920 --> 00:16:35,080 Speaker 10: that I represent in folks throughout California. And I should 364 00:16:35,080 --> 00:16:37,560 Speaker 10: mention that California has the highest cost of living in 365 00:16:37,600 --> 00:16:41,080 Speaker 10: the country. We're just talking about fuel prices. California's fuel 366 00:16:41,080 --> 00:16:44,360 Speaker 10: prices are about a dollar eighty the national average. They're 367 00:16:44,360 --> 00:16:47,920 Speaker 10: a full forty some cents higher than the next closest state, 368 00:16:48,000 --> 00:16:51,320 Speaker 10: which is Hawaii. And it's not just fuel prices. Electricity 369 00:16:51,400 --> 00:16:53,840 Speaker 10: rates in California are higher than anywhere in the country, 370 00:16:54,040 --> 00:16:58,040 Speaker 10: Housing costs and water bills close to the top, groceries 371 00:16:58,120 --> 00:17:00,560 Speaker 10: second or third highest in the country. So it's an 372 00:17:00,600 --> 00:17:03,840 Speaker 10: acute problem for my constituents. Now, as to your second question, 373 00:17:04,040 --> 00:17:06,840 Speaker 10: who's to blame? You know, I think that that question 374 00:17:07,160 --> 00:17:10,159 Speaker 10: is not always you know, constructive when it comes to 375 00:17:10,160 --> 00:17:13,480 Speaker 10: actually trying to address the problem. If I really had 376 00:17:13,480 --> 00:17:16,400 Speaker 10: to answer, I'd say there's plenty of blame to go around. 377 00:17:16,560 --> 00:17:19,119 Speaker 10: In Sacramento, we've had a number of policies that have 378 00:17:19,520 --> 00:17:22,160 Speaker 10: increased the cost of living across all of these dimensions, 379 00:17:22,760 --> 00:17:26,000 Speaker 10: and they're live in Washington, DC, you know, in recent 380 00:17:26,080 --> 00:17:29,359 Speaker 10: years that have done that as well. So i'm, you know, 381 00:17:29,440 --> 00:17:32,440 Speaker 10: the one independent member of the House of Representatives. I've 382 00:17:32,480 --> 00:17:34,800 Speaker 10: said that that gives me a unique ability to hold 383 00:17:34,840 --> 00:17:38,360 Speaker 10: folks accountable both in Washington and in Sacramento, as well 384 00:17:38,400 --> 00:17:40,480 Speaker 10: as to work with people on all sides of the issues. 385 00:17:40,520 --> 00:17:43,000 Speaker 10: So I've proposed a number of measures to lower the 386 00:17:43,040 --> 00:17:45,960 Speaker 10: cost of living through some of the regulations that have 387 00:17:46,000 --> 00:17:48,359 Speaker 10: gone way too far for California that have made our 388 00:17:48,359 --> 00:17:50,520 Speaker 10: state in the most expensive state in the country. But 389 00:17:50,640 --> 00:17:54,360 Speaker 10: it is certainly a nationwide issue that people are feeling everywhere, 390 00:17:54,400 --> 00:17:55,720 Speaker 10: and I think there's a lot more we could do 391 00:17:55,800 --> 00:17:56,720 Speaker 10: in Congress as well. 392 00:17:56,800 --> 00:17:59,080 Speaker 3: If you wouldn't mind t up our next conversation, your 393 00:17:59,119 --> 00:18:01,639 Speaker 3: colleague from the House, Clearfield's Democratic Louisiana is going to 394 00:18:01,680 --> 00:18:03,480 Speaker 3: join us and his district is the center of the 395 00:18:03,520 --> 00:18:06,600 Speaker 3: Supreme Court decision that we got this week, which could 396 00:18:06,600 --> 00:18:09,600 Speaker 3: hollowed out Section two the Voting Rights Act. You have 397 00:18:09,640 --> 00:18:12,840 Speaker 3: been very outspoken about the way that jerrymandering is being 398 00:18:12,920 --> 00:18:16,000 Speaker 3: used as a political weapon by both parties here going 399 00:18:16,000 --> 00:18:19,640 Speaker 3: into the midterm elections and beyond. You mentioned you're an independent, 400 00:18:19,640 --> 00:18:22,040 Speaker 3: now you are Republican. California, of course, is being carved 401 00:18:22,080 --> 00:18:24,879 Speaker 3: up in its congressional districts are changing as a result. 402 00:18:25,600 --> 00:18:28,560 Speaker 3: What is your major takeaway from the decision that was 403 00:18:28,560 --> 00:18:29,880 Speaker 3: handed down at the Court last week. 404 00:18:31,400 --> 00:18:34,719 Speaker 10: Well, I think it has the potential to simply set 405 00:18:34,760 --> 00:18:37,760 Speaker 10: this jerrymandering war, which has been terrible for the country, 406 00:18:37,840 --> 00:18:40,760 Speaker 10: into yet another cycle and spin it out of control 407 00:18:41,280 --> 00:18:44,840 Speaker 10: even further. So that's why I think there's an even 408 00:18:44,960 --> 00:18:50,280 Speaker 10: greater imperative now for congressional action to get this issue 409 00:18:50,320 --> 00:18:54,880 Speaker 10: mandering under control. I think that this whole redistricting war 410 00:18:55,480 --> 00:18:59,320 Speaker 10: has been complete folly, frankly, neither side has really won 411 00:18:59,440 --> 00:19:03,200 Speaker 10: in any means full sense. It's upended representation in state 412 00:19:03,280 --> 00:19:06,439 Speaker 10: after state after state. I think it's eroded trust in 413 00:19:06,480 --> 00:19:10,280 Speaker 10: our politics. It's going to increase polarization and increase distrust 414 00:19:10,800 --> 00:19:14,119 Speaker 10: even more so. I've been against it in Texas, in California, 415 00:19:14,560 --> 00:19:18,199 Speaker 10: in Virginia, in Florida, anywhere that it's happened, And to 416 00:19:18,240 --> 00:19:20,639 Speaker 10: the extent that now other states are seeing a further 417 00:19:20,680 --> 00:19:23,120 Speaker 10: opportunity to do this, it's going to make things even worse. 418 00:19:23,160 --> 00:19:26,560 Speaker 10: So I think it's about time that Congress took responsibility 419 00:19:26,680 --> 00:19:29,320 Speaker 10: for its own elections. We're talking about elections to Congress here, 420 00:19:29,480 --> 00:19:30,200 Speaker 10: So I think think. 421 00:19:30,080 --> 00:19:30,560 Speaker 6: There's to do. 422 00:19:30,960 --> 00:19:34,760 Speaker 10: Number one is to prohibit mid decade redisteresting like we're 423 00:19:34,760 --> 00:19:37,560 Speaker 10: seeing now. I've introduced a bill to do that, and 424 00:19:37,560 --> 00:19:39,720 Speaker 10: then by the time we actually have the next census, 425 00:19:39,720 --> 00:19:42,399 Speaker 10: when we're supposed to do regular redistricting, we should come 426 00:19:42,440 --> 00:19:45,359 Speaker 10: up with a legislative solution to end jerrymandering in this 427 00:19:45,400 --> 00:19:48,440 Speaker 10: country for good and guarantee all Americans' fair district lines. 428 00:19:48,480 --> 00:19:49,520 Speaker 6: All right, we're gonna leave it there. 429 00:19:49,560 --> 00:19:51,840 Speaker 2: Representative vin Kylie from California, thank you so much for 430 00:19:51,920 --> 00:19:52,400 Speaker 2: joining us. 431 00:19:52,520 --> 00:19:54,480 Speaker 3: We want to dig now more into the consequences of 432 00:19:54,480 --> 00:19:56,560 Speaker 3: that Supreme Court decision I just mentioned that places new 433 00:19:56,560 --> 00:19:59,159 Speaker 3: limits on the voting right. Sack the Court rejecting Louisiana's 434 00:19:59,200 --> 00:20:02,439 Speaker 3: congressional map in a six to three decision. In his opinion, 435 00:20:02,520 --> 00:20:05,480 Speaker 3: Justice Samuel Alito calling that map, which includes a second 436 00:20:05,520 --> 00:20:10,840 Speaker 3: majority black district, in unconstitutional racial gerrymander democratic carsman Cleo 437 00:20:10,880 --> 00:20:13,600 Speaker 3: Field's district is at the center of this case, and 438 00:20:13,680 --> 00:20:16,360 Speaker 3: he joins us now want to get into the ramifications 439 00:20:16,359 --> 00:20:17,800 Speaker 3: of this in just a minute, but let me ask 440 00:20:17,840 --> 00:20:21,840 Speaker 3: you on a more micro level what it means for 441 00:20:21,880 --> 00:20:24,040 Speaker 3: you as you look ahead to the midterms. Your district, 442 00:20:24,080 --> 00:20:26,080 Speaker 3: the sixth district in Louisiana, very much at the center 443 00:20:26,080 --> 00:20:26,600 Speaker 3: of this case. 444 00:20:27,640 --> 00:20:29,439 Speaker 11: Well, you know, I tell people all the time the 445 00:20:29,480 --> 00:20:33,400 Speaker 11: issue is not revenant Cleo Fields her another day at Congress, 446 00:20:33,440 --> 00:20:36,000 Speaker 11: but revenant a person who looks like me have an 447 00:20:36,040 --> 00:20:39,800 Speaker 11: opportunity to serve in Congress. I think the governor and 448 00:20:39,840 --> 00:20:43,160 Speaker 11: the Attorney General put the cart before the horse. I mean, 449 00:20:43,240 --> 00:20:47,080 Speaker 11: the Supreme Court decision is not really a final judgment 450 00:20:47,720 --> 00:20:51,800 Speaker 11: until you know the twenty five day elapse for people 451 00:20:51,840 --> 00:20:56,000 Speaker 11: to file the parties revert to follow some type of rehearing. 452 00:20:56,440 --> 00:21:00,439 Speaker 11: That time has not elapsed, and you know, people already 453 00:21:00,480 --> 00:21:02,400 Speaker 11: started voting in Louisiana. 454 00:21:02,840 --> 00:21:04,320 Speaker 12: Qualifying has been had. 455 00:21:04,680 --> 00:21:09,439 Speaker 11: You know, one hundred thousand ballots has been sent to people, 456 00:21:09,640 --> 00:21:14,399 Speaker 11: not only in Louisiana, but overseas. Thousands of them have 457 00:21:14,480 --> 00:21:17,840 Speaker 11: already cast their ballots, and to hold an election up 458 00:21:18,680 --> 00:21:21,879 Speaker 11: because there is a ruin from the Supreme Court to 459 00:21:21,920 --> 00:21:23,639 Speaker 11: me is unconscionable. 460 00:21:23,840 --> 00:21:27,160 Speaker 2: It is justin Kagan and heard Ascent warrened that Section 461 00:21:27,200 --> 00:21:29,240 Speaker 2: two of the Voting Rights Act is now a quote 462 00:21:29,320 --> 00:21:32,919 Speaker 2: dead letter. I'm wondering if you agree that this ruling 463 00:21:32,960 --> 00:21:36,119 Speaker 2: effectively ends the era of creating these majority minority districts 464 00:21:36,160 --> 00:21:36,639 Speaker 2: in the South. 465 00:21:37,440 --> 00:21:38,280 Speaker 12: Oh, I agree. 466 00:21:38,320 --> 00:21:42,640 Speaker 11: I mean, you couldn't have a more horrible decision. I mean, 467 00:21:42,720 --> 00:21:45,720 Speaker 11: and really, people in the southern part of our country, 468 00:21:46,200 --> 00:21:48,560 Speaker 11: the whole purpose of the Voting Rights Act was to 469 00:21:48,600 --> 00:21:53,080 Speaker 11: protect them. There was a time, you know, in Louisiana 470 00:21:53,119 --> 00:21:56,120 Speaker 11: and Mississippi and Alabama, in order to register to vote. 471 00:21:56,160 --> 00:21:59,680 Speaker 11: Although you had the constitutional right to register to vote 472 00:21:59,720 --> 00:22:03,120 Speaker 11: and be a voter in this country, there were states 473 00:22:03,160 --> 00:22:07,320 Speaker 11: like Louisiana that had all types of prerequisites. You know, 474 00:22:07,400 --> 00:22:11,360 Speaker 11: you had to state the priameter to the constitution, literacy tests. Yeah, 475 00:22:11,440 --> 00:22:14,840 Speaker 11: some of required poll taxes. You had to own property. 476 00:22:15,320 --> 00:22:19,440 Speaker 11: Those were unconscionable measures that many Southern states took. And 477 00:22:19,480 --> 00:22:23,600 Speaker 11: thus that's why Congress passed the voting rights back and 478 00:22:23,720 --> 00:22:27,720 Speaker 11: President Vinda B. Johnson signed it for good reason. Now 479 00:22:27,760 --> 00:22:30,679 Speaker 11: there's a lot of debate as to revenant. Some of 480 00:22:30,720 --> 00:22:35,480 Speaker 11: those same tactics take place today, and I would say 481 00:22:35,480 --> 00:22:38,800 Speaker 11: in the southern part of our country, to ampsays absolutely yes, 482 00:22:39,480 --> 00:22:42,919 Speaker 11: you know, you know, they're not literacy tests, but there 483 00:22:42,920 --> 00:22:47,720 Speaker 11: are all types of obstacles that many African Americans have 484 00:22:47,840 --> 00:22:51,159 Speaker 11: faced with in order to access the voting voting box. 485 00:22:51,960 --> 00:22:54,480 Speaker 11: The other thing to real proof in the putting is 486 00:22:54,880 --> 00:22:58,359 Speaker 11: how many African Americans have been elected to Congress from 487 00:22:58,600 --> 00:23:03,240 Speaker 11: Let's just take Louisiana for example, zero, not one, how 488 00:23:03,280 --> 00:23:06,240 Speaker 11: many have run many? So at the end of the day, 489 00:23:06,560 --> 00:23:09,320 Speaker 11: you know, and to move the tests from you know, 490 00:23:09,520 --> 00:23:13,080 Speaker 11: is it has to show intent and not affect. You know, 491 00:23:13,160 --> 00:23:16,479 Speaker 11: I just think that's wrong too, because you know, who's 492 00:23:16,520 --> 00:23:20,119 Speaker 11: to determine what was the intent of the legislature? You know, 493 00:23:20,400 --> 00:23:22,680 Speaker 11: what about what's the effect of what. 494 00:23:22,520 --> 00:23:23,800 Speaker 12: The legislation did? 495 00:23:24,400 --> 00:23:26,840 Speaker 11: And in this case, you know, I was in the 496 00:23:26,920 --> 00:23:30,320 Speaker 11: legislature when the veal passed. You know that we we're 497 00:23:30,400 --> 00:23:33,000 Speaker 11: from a state that has you know, Speaker of the House, 498 00:23:33,119 --> 00:23:36,720 Speaker 11: the majority leader, and one you know one of the 499 00:23:36,840 --> 00:23:40,119 Speaker 11: I mean only one female member of Congress. The members 500 00:23:40,119 --> 00:23:43,880 Speaker 11: of the legislature wanted to protect those individuals, and that's 501 00:23:43,920 --> 00:23:48,000 Speaker 11: perfectly clear, I mean, okay, and thus that's why the 502 00:23:48,040 --> 00:23:50,040 Speaker 11: district ended up the way it ended up. 503 00:23:50,440 --> 00:23:52,280 Speaker 12: I just think it's a horrible decision. 504 00:23:52,359 --> 00:23:57,560 Speaker 11: And what's worse to postpone the elections that had already start. 505 00:23:57,880 --> 00:24:02,119 Speaker 11: Thought it that disenfranchised and I hope the court ultimately 506 00:24:02,240 --> 00:24:06,440 Speaker 11: rule that you just can't hold up the elections. You 507 00:24:06,560 --> 00:24:08,959 Speaker 11: need to go for what because they had already started 508 00:24:09,000 --> 00:24:10,200 Speaker 11: that they all had already want. 509 00:24:10,720 --> 00:24:12,560 Speaker 3: I said I'd start micro and I'm going to go macro. 510 00:24:12,840 --> 00:24:15,199 Speaker 3: I think a consequence of this is a level of 511 00:24:15,240 --> 00:24:18,479 Speaker 3: confusion about the way that congressional districts are drawn in 512 00:24:18,520 --> 00:24:20,879 Speaker 3: this country and when they're drawn. And perhaps that's the 513 00:24:20,960 --> 00:24:24,280 Speaker 3: point that politicians are trying to sow confusion among the 514 00:24:24,520 --> 00:24:27,360 Speaker 3: electric But I matched its incumbent upon you and other 515 00:24:27,400 --> 00:24:31,560 Speaker 3: Democrats now at this moment to explain to voters why 516 00:24:31,600 --> 00:24:33,679 Speaker 3: this as you see it as a bad judgment, it 517 00:24:33,760 --> 00:24:36,840 Speaker 3: needs to change. What's your prescription for doing that going forward? 518 00:24:36,840 --> 00:24:38,560 Speaker 3: What did Democrats need to do here is they look 519 00:24:38,560 --> 00:24:40,440 Speaker 3: at a voting rights Act that has been, as I said, 520 00:24:40,760 --> 00:24:43,159 Speaker 3: hollowed out, not just by this decision that affected Section two, 521 00:24:43,200 --> 00:24:45,560 Speaker 3: but other facets of it as well well. 522 00:24:45,600 --> 00:24:50,400 Speaker 11: I would think that the next Congress, the new Congress, 523 00:24:50,680 --> 00:24:54,160 Speaker 11: should pass a voting rights Act that really a half teeth, 524 00:24:54,280 --> 00:24:56,720 Speaker 11: don't leave anything up a question. 525 00:24:57,000 --> 00:24:58,160 Speaker 12: For the Supreme Court. 526 00:24:58,480 --> 00:25:03,560 Speaker 11: Make it clear, clear and unambiguous, you know, and really 527 00:25:03,680 --> 00:25:07,720 Speaker 11: deal with Section five. Section five was gut it what 528 00:25:07,840 --> 00:25:11,879 Speaker 11: twenty thirteen through to hold the case. Five was so 529 00:25:12,000 --> 00:25:16,119 Speaker 11: important to states like Louisiana. We could always depend on 530 00:25:16,400 --> 00:25:19,879 Speaker 11: the federal government to defend us. 531 00:25:19,600 --> 00:25:22,639 Speaker 12: When we were you know, when our vote, you. 532 00:25:22,640 --> 00:25:27,040 Speaker 11: Know, when legislators were trampling on our rights to access to. 533 00:25:27,119 --> 00:25:31,600 Speaker 12: Voting box, you know, and that is very very important. 534 00:25:31,760 --> 00:25:36,000 Speaker 11: I wouldn't be here today if it wasn't for Section five, 535 00:25:36,040 --> 00:25:38,240 Speaker 11: and then when they took that away section two. And 536 00:25:38,280 --> 00:25:40,399 Speaker 11: I tell people all the time, if you tell me 537 00:25:40,480 --> 00:25:42,960 Speaker 11: I got to run a certain speed, I could perhaps 538 00:25:43,080 --> 00:25:45,480 Speaker 11: do that. Tell me I got to jump with a 539 00:25:45,600 --> 00:25:48,199 Speaker 11: certain height, you know, I could perhaps do that. But 540 00:25:48,240 --> 00:25:49,879 Speaker 11: if you tell me I have to be white to 541 00:25:49,920 --> 00:25:52,600 Speaker 11: be a member of Congress, I need help from the 542 00:25:52,640 --> 00:25:55,800 Speaker 11: federal government. And thus that's the whole purpose of the 543 00:25:55,880 --> 00:25:59,639 Speaker 11: voting rights side, and I think the Spring Court was 544 00:25:59,680 --> 00:26:02,480 Speaker 11: just out so we're wrong. I think Congress should move 545 00:26:02,640 --> 00:26:07,560 Speaker 11: with all expedient feeds to pass the John Lewis voting 546 00:26:07,640 --> 00:26:11,480 Speaker 11: rights back and just leave nothing for question but a 547 00:26:11,600 --> 00:26:14,560 Speaker 11: Supreme Court and not to mint it. I really think 548 00:26:14,680 --> 00:26:16,840 Speaker 11: at this day and age, we need to probably put 549 00:26:16,960 --> 00:26:21,040 Speaker 11: term limits on the Supreme Court because these justices are 550 00:26:21,080 --> 00:26:25,240 Speaker 11: now acting ask the lawmakers, and they ought not do that. 551 00:26:26,000 --> 00:26:29,240 Speaker 11: They are there only to interpret the law, not to 552 00:26:29,320 --> 00:26:32,600 Speaker 11: make it. And there are too many justices that are 553 00:26:32,720 --> 00:26:36,240 Speaker 11: making law in this country. And I do think that, 554 00:26:36,640 --> 00:26:39,280 Speaker 11: you know, there should be some question asked the revenant. 555 00:26:39,760 --> 00:26:43,000 Speaker 11: You know, Supreme Court justices of limited in terms of 556 00:26:43,040 --> 00:26:43,760 Speaker 11: their terms. 557 00:26:43,960 --> 00:26:45,560 Speaker 2: Kris, Before we let you go, I do want to 558 00:26:45,560 --> 00:26:47,639 Speaker 2: ask you when you look at the wider map and 559 00:26:47,680 --> 00:26:50,160 Speaker 2: these re districting efforts. Obviously, this latest round kicked off 560 00:26:50,600 --> 00:26:53,840 Speaker 2: in Texas where they redistrict to get five GP votes. 561 00:26:53,840 --> 00:26:55,960 Speaker 2: Then that was countered in California where they got five 562 00:26:56,040 --> 00:27:00,000 Speaker 2: Democratic potential districts. Virginia has got five new potential Democratic 563 00:27:00,080 --> 00:27:02,280 Speaker 2: district Florida will likely get four, and there's a couple 564 00:27:02,400 --> 00:27:06,000 Speaker 2: handful of others in Missouri, North Carolina, Ohio, and Utah. 565 00:27:06,080 --> 00:27:09,520 Speaker 2: I am a surprising, possibly democratic district in Utah. But 566 00:27:09,560 --> 00:27:12,480 Speaker 2: I'm wondering if you have any concerns that you might 567 00:27:12,520 --> 00:27:14,920 Speaker 2: be trying to win the battle and lose the war 568 00:27:14,960 --> 00:27:17,639 Speaker 2: as you open the floodgates for more redistricting, more of 569 00:27:17,680 --> 00:27:22,160 Speaker 2: this gerrymandering, and if that's partly responsible for the bipartisan 570 00:27:22,240 --> 00:27:24,400 Speaker 2: nature of politics in twenty twenty six. 571 00:27:24,640 --> 00:27:26,480 Speaker 12: Well, it's a race to the bottom. 572 00:27:26,680 --> 00:27:29,040 Speaker 11: It's you know, when a president of the United States 573 00:27:29,080 --> 00:27:31,520 Speaker 11: picks up the phone and call the governor of Texas 574 00:27:31,520 --> 00:27:35,320 Speaker 11: to say, I need five more Republican seats, and then 575 00:27:35,359 --> 00:27:39,680 Speaker 11: the governor of Texas just the right call the legislature intercession. 576 00:27:39,440 --> 00:27:40,280 Speaker 12: To do just that. 577 00:27:40,800 --> 00:27:42,800 Speaker 11: You know, what, do you think wherever there is an action, 578 00:27:42,880 --> 00:27:47,560 Speaker 11: there's always a reaction, and then Democrats react to that. Look, 579 00:27:47,640 --> 00:27:53,680 Speaker 11: we shouldn't have mid Dick Miami mid decade redistricting. We 580 00:27:53,840 --> 00:27:57,640 Speaker 11: just really shouldn't have it. The whole purpose of redistricting 581 00:27:58,200 --> 00:28:01,679 Speaker 11: is based on this census that every ten years, we 582 00:28:01,760 --> 00:28:05,399 Speaker 11: have census in this country and we apportion, you know, 583 00:28:05,960 --> 00:28:10,480 Speaker 11: seats based on population, and we shouldn't have mid decade 584 00:28:10,640 --> 00:28:15,200 Speaker 11: redistricting in this country is too political and it's wrong 585 00:28:15,280 --> 00:28:18,439 Speaker 11: and it's not fair to voters. It just brings about 586 00:28:18,600 --> 00:28:23,040 Speaker 11: more voter confusion. You know, people don't know who their 587 00:28:23,040 --> 00:28:27,520 Speaker 11: representatives are, and I just think we need to stop it, 588 00:28:27,600 --> 00:28:29,920 Speaker 11: and we need to stop it, like right now. 589 00:28:30,520 --> 00:28:33,000 Speaker 3: A quick question unrelated to this. You sit on the 590 00:28:33,359 --> 00:28:35,440 Speaker 3: House Financial Services Committee or on the sub Committee on 591 00:28:35,480 --> 00:28:38,719 Speaker 3: Financialstitutions and Monetary Policy. You're here on Bloomberg. I want 592 00:28:38,720 --> 00:28:40,000 Speaker 3: to ask you about the news of the week that 593 00:28:40,120 --> 00:28:41,840 Speaker 3: is that Federal Reserve Church around Paler is going to 594 00:28:41,880 --> 00:28:44,960 Speaker 3: stick around as governor going forward. What do you make 595 00:28:45,000 --> 00:28:47,280 Speaker 3: of that decision? And now that that investigation by the 596 00:28:47,320 --> 00:28:49,960 Speaker 3: dj has been punted over to the Inspector General at 597 00:28:49,960 --> 00:28:53,240 Speaker 3: the FEDERI are you satisfied? Like it seems like Senator 598 00:28:53,240 --> 00:28:57,640 Speaker 3: Tom Tillis of North Carolina was that the institution and 599 00:28:57,680 --> 00:28:59,880 Speaker 3: the soon to be former chair no longer is imperiled. 600 00:29:00,040 --> 00:29:01,120 Speaker 3: They might have been a few weeks ago. 601 00:29:02,440 --> 00:29:05,720 Speaker 11: Yeah, you know, look, we have to put in confidence 602 00:29:05,760 --> 00:29:09,280 Speaker 11: in our financial institutions. And I'm happy that Chairman Pole 603 00:29:09,440 --> 00:29:12,680 Speaker 11: is sticking around. There's no reason for him to leave. 604 00:29:12,760 --> 00:29:16,200 Speaker 11: That was really no purpose in the investigation to begin with, 605 00:29:16,720 --> 00:29:20,560 Speaker 11: and we got to stop weaponizing the Department of Justice. 606 00:29:20,920 --> 00:29:22,960 Speaker 12: You know, I mean that that was just wrong. 607 00:29:23,200 --> 00:29:25,760 Speaker 11: You know, if you don't like somebody, if the president 608 00:29:25,760 --> 00:29:29,280 Speaker 11: doesn't like somebody in this country, he's seeks the. 609 00:29:28,880 --> 00:29:30,680 Speaker 12: Justice Department on the person. 610 00:29:31,120 --> 00:29:34,880 Speaker 11: You know, that was that was an unfair, you know, 611 00:29:35,160 --> 00:29:38,080 Speaker 11: Unamerican attack to begin with. 612 00:29:38,640 --> 00:29:40,480 Speaker 12: And chairman power. 613 00:29:40,240 --> 00:29:43,360 Speaker 11: Should stay as long as the law gives them the 614 00:29:43,480 --> 00:29:44,120 Speaker 11: right to stay. 615 00:29:44,440 --> 00:29:47,840 Speaker 3: And O the Carson. Thank you very much. That's clear 616 00:29:47,880 --> 00:29:50,480 Speaker 3: Field's Cars with the sixth District of Louisiana joining us 617 00:29:50,520 --> 00:29:51,640 Speaker 3: on this Sunday, Appreciate your time. 618 00:29:53,800 --> 00:29:56,360 Speaker 2: Stay with us for more on Bloomberg this weekend right 619 00:29:56,400 --> 00:29:56,840 Speaker 2: after this. 620 00:30:08,640 --> 00:30:10,800 Speaker 5: Maria Sharapova, she is a tennis legend, right. 621 00:30:10,840 --> 00:30:13,080 Speaker 4: She made history in two thousand and four, she became 622 00:30:13,120 --> 00:30:15,440 Speaker 4: the youngest tennis star to win a Grand Slam since 623 00:30:15,520 --> 00:30:19,120 Speaker 4: Martina Higgins in nineteen ninety seven. Now two decades later, 624 00:30:19,200 --> 00:30:21,760 Speaker 4: she's now a Hall of Famer, a mom, she's venturing 625 00:30:21,760 --> 00:30:24,520 Speaker 4: into this new arena. She's serving up compelling interviews for 626 00:30:24,600 --> 00:30:27,520 Speaker 4: her new podcast. Yeah, I spoke with her about her 627 00:30:27,520 --> 00:30:28,920 Speaker 4: career then and now. 628 00:30:30,360 --> 00:30:33,520 Speaker 13: I really had a steely mentality from the beginning because 629 00:30:33,520 --> 00:30:36,520 Speaker 13: I knew I moved for a purpose. I wanted to 630 00:30:36,520 --> 00:30:39,400 Speaker 13: build on a dream with a lot of hope, but 631 00:30:39,480 --> 00:30:42,680 Speaker 13: also recognizing that it might not go our way and 632 00:30:42,720 --> 00:30:45,840 Speaker 13: you might take a path that might not get you 633 00:30:45,880 --> 00:30:49,800 Speaker 13: to the very top. But ultimately, with a few twists 634 00:30:49,800 --> 00:30:51,880 Speaker 13: and turns and a little bit of good luck and 635 00:30:51,920 --> 00:30:54,840 Speaker 13: hard work, we persevered and I was able to win 636 00:30:55,200 --> 00:30:57,360 Speaker 13: a Grand Slam when I was seventeen years old and 637 00:30:57,400 --> 00:30:59,239 Speaker 13: really build from that. It took me a little bit 638 00:30:59,240 --> 00:31:02,840 Speaker 13: of time to us to kind of fame and getting 639 00:31:02,920 --> 00:31:06,320 Speaker 13: my confidence and performing week in week out, but yeah, 640 00:31:06,360 --> 00:31:07,360 Speaker 13: it was a beautiful journey. 641 00:31:07,600 --> 00:31:10,480 Speaker 4: Oh and speaking of the journey, the International Tennis Hall 642 00:31:10,560 --> 00:31:13,520 Speaker 4: of Fame, that is quite the accomplishment there. And you 643 00:31:13,560 --> 00:31:16,800 Speaker 4: were introduced by Serena Williams. You guys have had this 644 00:31:16,920 --> 00:31:20,920 Speaker 4: interesting relationship back and forth. Talk a little bit more 645 00:31:20,920 --> 00:31:23,600 Speaker 4: about it and how that relationship has evolved over the 646 00:31:23,640 --> 00:31:24,320 Speaker 4: years as women. 647 00:31:24,840 --> 00:31:28,080 Speaker 13: Well, I had some of the toughest matches against Serena 648 00:31:28,160 --> 00:31:31,640 Speaker 13: and she was the ultimate competitor. I got to become 649 00:31:31,680 --> 00:31:34,000 Speaker 13: a better player because of the level that she performed 650 00:31:34,000 --> 00:31:36,040 Speaker 13: at every single day, and I had one of my 651 00:31:36,080 --> 00:31:39,080 Speaker 13: biggest victories in my career. At Wimbledon, I also had 652 00:31:39,080 --> 00:31:41,800 Speaker 13: some of my toughest losses against her. So we went 653 00:31:41,840 --> 00:31:44,520 Speaker 13: through a lot, and I, you know, when the Hall 654 00:31:44,560 --> 00:31:46,320 Speaker 13: of Fame called and said, you know, is there someone 655 00:31:46,320 --> 00:31:49,640 Speaker 13: that you'd like to introduce you on stage, she was 656 00:31:49,680 --> 00:31:51,960 Speaker 13: the first person I thought of. Because of our rivalry, 657 00:31:52,000 --> 00:31:55,160 Speaker 13: because of the respect we have and everything we've gone through. 658 00:31:55,440 --> 00:31:57,920 Speaker 4: What I love about you two is your competitive edge. 659 00:31:58,160 --> 00:32:01,560 Speaker 4: Everyone knows you for it. Even had this name tag 660 00:32:01,600 --> 00:32:02,800 Speaker 4: along with you, the ice coin. 661 00:32:02,880 --> 00:32:03,120 Speaker 10: Yes. 662 00:32:03,240 --> 00:32:05,600 Speaker 5: Now, what was your first reaction when you heard that? 663 00:32:05,840 --> 00:32:09,160 Speaker 13: Yeah, well, I pumped my fist. From a very young age, like, 664 00:32:09,240 --> 00:32:12,800 Speaker 13: I had a very steely mentality. I was focused and 665 00:32:12,920 --> 00:32:14,880 Speaker 13: I was on a different path. The truth is is 666 00:32:15,200 --> 00:32:18,400 Speaker 13: even when I trained at you know, academies with many 667 00:32:18,480 --> 00:32:21,720 Speaker 13: other children, I recognize that I was like the odd 668 00:32:21,720 --> 00:32:24,200 Speaker 13: one out. I would train extra hours, I would get 669 00:32:24,240 --> 00:32:28,160 Speaker 13: extra attention from coaches. I played every single tournament I could, 670 00:32:28,320 --> 00:32:30,080 Speaker 13: like I was the first one in bed at night, 671 00:32:30,120 --> 00:32:32,560 Speaker 13: the first one awake in the morning. So I knew 672 00:32:32,640 --> 00:32:35,560 Speaker 13: from an early age that I had I had a goal, 673 00:32:35,760 --> 00:32:38,200 Speaker 13: like I was there to do something different and to 674 00:32:38,240 --> 00:32:41,040 Speaker 13: be a champion. Whether that would happen or not who knows. 675 00:32:41,040 --> 00:32:44,520 Speaker 13: There are no guarantees in life, and I like. 676 00:32:44,560 --> 00:32:45,640 Speaker 6: The idea of being different. 677 00:32:45,680 --> 00:32:47,960 Speaker 13: You know, I now have a mother of a three 678 00:32:47,960 --> 00:32:49,720 Speaker 13: and a half year old, and you know, I see 679 00:32:49,720 --> 00:32:52,040 Speaker 13: a little boy who wants to be part of the 680 00:32:52,080 --> 00:32:54,880 Speaker 13: pack and part of with his friends, and sometimes I think, well, 681 00:32:55,040 --> 00:32:57,240 Speaker 13: I want to encourage him to be unique and find 682 00:32:57,280 --> 00:33:00,600 Speaker 13: things that makes him stand out and not be scourage, 683 00:33:00,760 --> 00:33:03,680 Speaker 13: you know, to appreciate things that make you different. 684 00:33:04,080 --> 00:33:06,080 Speaker 4: And it seems like it goes right into what you're 685 00:33:06,080 --> 00:33:09,600 Speaker 4: doing now, into your podcast. Yeah, pretty tough, because women 686 00:33:09,680 --> 00:33:12,480 Speaker 4: out there, if we strive for something, you know, it 687 00:33:12,560 --> 00:33:15,200 Speaker 4: seems like we're kind of I wouldn't say put down, 688 00:33:15,320 --> 00:33:17,040 Speaker 4: but just like we're told, you know. 689 00:33:17,000 --> 00:33:20,880 Speaker 5: What, take it easy. Yes? Is that the reason behind 690 00:33:21,040 --> 00:33:21,760 Speaker 5: how you started this? 691 00:33:22,120 --> 00:33:22,360 Speaker 6: Yeah? 692 00:33:22,400 --> 00:33:25,800 Speaker 13: So I've been working on the podcast Pretty Tough for 693 00:33:26,480 --> 00:33:31,240 Speaker 13: many months with Vox Media, and the idea really resonated well. 694 00:33:31,280 --> 00:33:33,720 Speaker 13: First of all, with so many of my mom friends, 695 00:33:33,760 --> 00:33:39,040 Speaker 13: like coming off of careers, having children and always being identified. 696 00:33:38,360 --> 00:33:39,920 Speaker 6: With one thing and one trait. 697 00:33:40,040 --> 00:33:42,320 Speaker 13: And from a young age, I was identified with that 698 00:33:42,400 --> 00:33:45,320 Speaker 13: fist pump like this steally mentality that I was cold 699 00:33:45,720 --> 00:33:47,440 Speaker 13: and then I'd go into a boardroom and I'd have, 700 00:33:47,600 --> 00:33:49,560 Speaker 13: you know, an opinion, or I'd have a joke and 701 00:33:50,080 --> 00:33:52,600 Speaker 13: someone would say, oh, well you have a sense of humor, 702 00:33:52,760 --> 00:33:54,920 Speaker 13: and so you're you know, I always found that you 703 00:33:54,960 --> 00:33:56,920 Speaker 13: were identified with one or the other and you had 704 00:33:56,960 --> 00:34:01,640 Speaker 13: to soften your filter for whichever identity wasn't appreciated as 705 00:34:01,680 --> 00:34:04,160 Speaker 13: you know, part of your characteristic And so when I 706 00:34:04,200 --> 00:34:06,880 Speaker 13: spoke with my friends and I was building the concept, 707 00:34:07,040 --> 00:34:09,360 Speaker 13: it really resonated with a lot of women. And this 708 00:34:09,520 --> 00:34:12,879 Speaker 13: podcast is for women by women, and I now get 709 00:34:12,920 --> 00:34:15,200 Speaker 13: to sit and ask questions, which. 710 00:34:15,040 --> 00:34:16,600 Speaker 6: Is you know, is that I had to. 711 00:34:16,719 --> 00:34:19,560 Speaker 13: Unlearn and learn and I you know, I love preparation. 712 00:34:19,719 --> 00:34:22,160 Speaker 13: That's what I did for my entire career. And now 713 00:34:22,160 --> 00:34:25,160 Speaker 13: I get to learn about incredible women and hopefully we 714 00:34:25,239 --> 00:34:29,520 Speaker 13: can draw these wonderful lessons from these amazing females. 715 00:34:29,920 --> 00:34:31,719 Speaker 4: Who are some of the women that that you plan 716 00:34:31,840 --> 00:34:34,080 Speaker 4: to speak with and what are some of those stories 717 00:34:34,080 --> 00:34:35,400 Speaker 4: that that really resonated with you. 718 00:34:36,440 --> 00:34:39,560 Speaker 13: I want the stories to be honest, to be authentic. 719 00:34:40,440 --> 00:34:42,120 Speaker 13: I want to hear I want to hear the story 720 00:34:42,160 --> 00:34:44,799 Speaker 13: before the success because we all see, you know, we 721 00:34:44,840 --> 00:34:47,360 Speaker 13: all see someone accepting the oscar and we think. You know, 722 00:34:47,400 --> 00:34:50,279 Speaker 13: we just we launched Pretty Tough with Zoe's Aldana, and 723 00:34:50,760 --> 00:34:52,880 Speaker 13: you know, she speaks about the oscar, But the moment 724 00:34:53,719 --> 00:34:57,200 Speaker 13: until that point is that's the That's the part I 725 00:34:57,239 --> 00:34:59,440 Speaker 13: want to learn about. I want to know how her 726 00:34:59,440 --> 00:35:02,400 Speaker 13: about you know, her ballet and dance informed the movements 727 00:35:02,440 --> 00:35:04,439 Speaker 13: of all her move of all the movies that she's 728 00:35:04,440 --> 00:35:07,880 Speaker 13: performed in aging. You know, what is it like to 729 00:35:07,920 --> 00:35:09,640 Speaker 13: be a mom? What is it like to you know, 730 00:35:10,040 --> 00:35:13,080 Speaker 13: to have guilt as we navigate careers and motherhood and 731 00:35:13,120 --> 00:35:15,640 Speaker 13: all the things that you know, society throws at us. 732 00:35:15,680 --> 00:35:18,200 Speaker 13: And yeah, I you know, honesty is the first thing 733 00:35:18,280 --> 00:35:19,719 Speaker 13: that I want. 734 00:35:20,040 --> 00:35:21,640 Speaker 6: I want the conversations to have. 735 00:35:22,280 --> 00:35:25,160 Speaker 4: Podcasting it seems like it's it's a category that's that's 736 00:35:25,200 --> 00:35:27,800 Speaker 4: dominated by men. I know, a lot of statistics point 737 00:35:27,840 --> 00:35:28,080 Speaker 4: to that. 738 00:35:28,160 --> 00:35:29,560 Speaker 5: Viare why do you think that is? 739 00:35:30,480 --> 00:35:32,759 Speaker 13: I mean, I consume podcasts that are hosted by men, 740 00:35:32,760 --> 00:35:36,320 Speaker 13: and I think there are phenomenal podcasts that are hosted 741 00:35:36,320 --> 00:35:38,319 Speaker 13: by men. But I do think there's a lot of 742 00:35:38,400 --> 00:35:41,799 Speaker 13: room for female hosted podcasts. And there I mean, when 743 00:35:41,800 --> 00:35:45,480 Speaker 13: I think of kar Swisher and Mel Robbins, these are 744 00:35:46,120 --> 00:35:48,759 Speaker 13: icons in the field. But I think there's more room 745 00:35:48,800 --> 00:35:49,480 Speaker 13: in the sandbox. 746 00:35:50,040 --> 00:35:53,719 Speaker 4: And you also have another name as entrepreneur. At the 747 00:35:53,719 --> 00:35:57,080 Speaker 4: same time, you work with brands, you invest in companies. 748 00:35:57,760 --> 00:36:00,160 Speaker 4: What's more nerve wracking for you? Is it walking to 749 00:36:00,239 --> 00:36:02,040 Speaker 4: the tennis court or walking into a boardroom. 750 00:36:02,840 --> 00:36:05,840 Speaker 13: Well, I've appreciated walking into a boardroom because it's a 751 00:36:05,840 --> 00:36:08,479 Speaker 13: different kind it's a different energy, and you know, there's 752 00:36:08,480 --> 00:36:11,000 Speaker 13: no match point feeling, you know, when everything's on the 753 00:36:11,040 --> 00:36:14,480 Speaker 13: line in that meeting or or that tennis court or 754 00:36:14,480 --> 00:36:17,560 Speaker 13: that arena. I love the teamwork that business. You know, 755 00:36:17,680 --> 00:36:19,360 Speaker 13: I feel like so many of the lessons that I 756 00:36:19,440 --> 00:36:22,280 Speaker 13: learned through my career I get to apply to the boardroom. 757 00:36:22,320 --> 00:36:25,440 Speaker 13: But coming in and speaking with co Fertility or Amulet 758 00:36:25,680 --> 00:36:28,560 Speaker 13: or Tonal or their Body, all the brands that I've been, 759 00:36:28,840 --> 00:36:31,200 Speaker 13: you know, fortunate to be a part of Balla Bangles 760 00:36:31,719 --> 00:36:35,200 Speaker 13: and just feel like I can participate and incorporate some 761 00:36:35,239 --> 00:36:38,319 Speaker 13: of the ideas and the education and knowledge that I've 762 00:36:38,400 --> 00:36:39,279 Speaker 13: learned along the way. 763 00:36:39,920 --> 00:36:42,480 Speaker 5: And what does a win look like for you today? 764 00:36:43,280 --> 00:36:46,520 Speaker 13: Oh, a win is when my son is happy, when 765 00:36:46,520 --> 00:36:50,040 Speaker 13: I'm with my family. You know, I spent twenty eight 766 00:36:50,120 --> 00:36:55,040 Speaker 13: years on the tour training you know, day and day out, 767 00:36:55,120 --> 00:36:57,759 Speaker 13: and it's been nice to have a zoomed out view 768 00:36:57,800 --> 00:37:01,360 Speaker 13: of that. And now I'm invested into this the podcast space. 769 00:37:02,080 --> 00:37:05,640 Speaker 13: I'm you know, I'm I'm competitive. I have a competitive spirit, 770 00:37:05,760 --> 00:37:07,399 Speaker 13: and I want to do it right and I want 771 00:37:07,400 --> 00:37:09,560 Speaker 13: to do it well, and so I'm pouring all my 772 00:37:09,680 --> 00:37:12,160 Speaker 13: time into it to make sure that I have quality 773 00:37:12,160 --> 00:37:14,480 Speaker 13: content to produce for the audience. 774 00:37:15,960 --> 00:37:19,080 Speaker 4: Stay with us for more on Bloomberg This Weekend. 775 00:37:19,440 --> 00:37:34,040 Speaker 3: Right after this, Welcome back to Bloomber This Weekend or 776 00:37:34,080 --> 00:37:35,440 Speaker 3: BTW as I. 777 00:37:35,440 --> 00:37:39,000 Speaker 2: Say, that's right, bt Doubs David with Cristida Raffini. 778 00:37:39,040 --> 00:37:40,760 Speaker 3: Here are some stories you might have missed this week. 779 00:37:40,920 --> 00:37:43,279 Speaker 3: Lisa Mateo has those bt W. 780 00:37:43,760 --> 00:37:45,440 Speaker 4: Yes, let's get ready to do it, Okay, I want 781 00:37:45,440 --> 00:37:47,120 Speaker 4: to start with this one from the New York Times. 782 00:37:47,480 --> 00:37:50,040 Speaker 4: It's the headline is with the arrival of Goop Kitchen, 783 00:37:50,360 --> 00:37:55,719 Speaker 4: is New York going full correct So it's like a 784 00:37:55,800 --> 00:37:59,279 Speaker 4: healthy eating food chain. It started in Los Angeles, like 785 00:37:59,320 --> 00:38:00,879 Speaker 4: twenty twenty one, but she's brought it to New York, 786 00:38:00,920 --> 00:38:02,399 Speaker 4: so it's come to New York for the first time. 787 00:38:02,600 --> 00:38:03,839 Speaker 3: So it's there. 788 00:38:04,640 --> 00:38:05,920 Speaker 12: You have thounds and bowls. 789 00:38:06,800 --> 00:38:08,120 Speaker 5: If I want to buy sixty dollars. 790 00:38:10,320 --> 00:38:10,719 Speaker 12: I don't know. 791 00:38:11,040 --> 00:38:14,080 Speaker 4: Nothing on the menu includes gluten, refined sugar. 792 00:38:13,840 --> 00:38:18,160 Speaker 5: Seeds, corns, or peanuts. We're preservative yea. So it's very clean, 793 00:38:18,360 --> 00:38:19,280 Speaker 5: very clean, okay. 794 00:38:19,520 --> 00:38:21,759 Speaker 4: But the whole point of the story is that how 795 00:38:21,960 --> 00:38:25,200 Speaker 4: New Yorkers are opening up their palette to this LA 796 00:38:25,320 --> 00:38:26,960 Speaker 4: trend that seems to be coming because a lot of 797 00:38:27,120 --> 00:38:29,439 Speaker 4: LA restaurants are now making their way to New York 798 00:38:29,600 --> 00:38:32,479 Speaker 4: and they're saying, well, New York's only we are only 799 00:38:32,520 --> 00:38:35,960 Speaker 4: like pizzas and hot dogs, that's what they're saying. And 800 00:38:36,000 --> 00:38:37,920 Speaker 4: they say, oh, you know what, So they're opening it 801 00:38:37,960 --> 00:38:40,120 Speaker 4: up their palette to to something better and something new. 802 00:38:40,480 --> 00:38:41,440 Speaker 3: I ordered this online? 803 00:38:41,440 --> 00:38:41,880 Speaker 5: What do I do? 804 00:38:41,880 --> 00:38:42,719 Speaker 3: How do I get this food? 805 00:38:42,760 --> 00:38:42,960 Speaker 5: You do? 806 00:38:43,040 --> 00:38:43,200 Speaker 7: You go? 807 00:38:43,320 --> 00:38:45,880 Speaker 5: It's it's only you could only get it on like online. 808 00:38:45,920 --> 00:38:47,440 Speaker 4: You can't sit and eat in the place. You have 809 00:38:47,480 --> 00:38:50,000 Speaker 4: to go and like order it. But sometimes there's a line. 810 00:38:50,560 --> 00:38:52,319 Speaker 4: I don't you don't do lines. 811 00:38:52,360 --> 00:38:54,279 Speaker 3: They don't know that about New York yet, although we 812 00:38:54,320 --> 00:38:55,920 Speaker 3: have a lot of Californians to come here to wait 813 00:38:55,920 --> 00:38:56,520 Speaker 3: in line. 814 00:38:56,400 --> 00:38:57,839 Speaker 6: So I guess you have to order it like they're 815 00:38:57,840 --> 00:38:59,839 Speaker 6: from lag. You have to use vocal frye to order it. 816 00:38:59,840 --> 00:39:00,760 Speaker 6: I like my stylid. 817 00:39:01,960 --> 00:39:02,520 Speaker 3: It's good. 818 00:39:04,400 --> 00:39:06,400 Speaker 4: I have not tried it, but it does look appetizing. 819 00:39:06,400 --> 00:39:08,240 Speaker 4: I have to tell you, I don't know the prices. 820 00:39:08,320 --> 00:39:09,279 Speaker 4: I haven't seen their price. 821 00:39:09,400 --> 00:39:11,680 Speaker 3: They went by very quickly, a. 822 00:39:11,840 --> 00:39:13,759 Speaker 5: New York's expensive. It didn't look that egregious. 823 00:39:13,800 --> 00:39:16,600 Speaker 4: But true, true, true, Okay. I want to go from 824 00:39:16,640 --> 00:39:20,960 Speaker 4: food to like shows and cruise ships. Okay, because you've 825 00:39:20,960 --> 00:39:22,920 Speaker 4: ever been on a cruise, you know the shows are 826 00:39:22,960 --> 00:39:23,359 Speaker 4: the big things. 827 00:39:23,360 --> 00:39:24,959 Speaker 5: So this is the headline from the Wall Street Journal. 828 00:39:25,000 --> 00:39:27,600 Speaker 4: It says, the cutthroat competition to get a gig on 829 00:39:27,680 --> 00:39:28,400 Speaker 4: a cruise ship. 830 00:39:28,560 --> 00:39:28,799 Speaker 5: Okay. 831 00:39:28,840 --> 00:39:33,560 Speaker 4: So there's apparently this annual convention. It's like America's got talent, 832 00:39:33,640 --> 00:39:37,360 Speaker 4: and all the bookers go there, Yes, cruise bookers. So 833 00:39:37,400 --> 00:39:39,239 Speaker 4: they go and they look at all the talent that's 834 00:39:39,239 --> 00:39:41,640 Speaker 4: out there, and they pick them for the ships that are, 835 00:39:41,640 --> 00:39:42,399 Speaker 4: you know, coming up. 836 00:39:42,440 --> 00:39:44,840 Speaker 5: So these people, I mean, what they get if they 837 00:39:44,960 --> 00:39:46,759 Speaker 5: land a gig. So you ever wonder like what they get? 838 00:39:46,800 --> 00:39:48,920 Speaker 4: Okay, So they get to stay in the normal staterooms, 839 00:39:48,920 --> 00:39:50,240 Speaker 4: they don't stay in the crew quarters. 840 00:39:50,280 --> 00:39:52,520 Speaker 5: Okay. They get to enjoy maybe. 841 00:39:52,280 --> 00:39:55,480 Speaker 4: There's dining, the swimming pools, they get to enjoy all 842 00:39:55,520 --> 00:39:57,840 Speaker 4: the amenities, and a one week contract can pay like 843 00:39:57,880 --> 00:39:59,200 Speaker 4: thousands of dollars for them. 844 00:39:59,440 --> 00:40:01,080 Speaker 5: So it's not a gig if you can get it. 845 00:40:01,120 --> 00:40:01,680 Speaker 5: And that's the thing. 846 00:40:01,760 --> 00:40:02,840 Speaker 3: I have never been on a cruise. 847 00:40:02,840 --> 00:40:04,719 Speaker 2: I've never go on a cruise, but I danced growing up, 848 00:40:04,760 --> 00:40:06,839 Speaker 2: and I know this is a good gig because even 849 00:40:06,920 --> 00:40:09,359 Speaker 2: like twenty years ago, like this was a good job 850 00:40:09,400 --> 00:40:11,480 Speaker 2: to get because first of all, you're booked, like your 851 00:40:11,480 --> 00:40:12,359 Speaker 2: book through six months. 852 00:40:12,400 --> 00:40:13,319 Speaker 6: That's six months of work. 853 00:40:13,360 --> 00:40:15,200 Speaker 2: And I think then they made him stay in the 854 00:40:15,200 --> 00:40:17,359 Speaker 2: state rooms, but it was you got insurance, you got food, 855 00:40:17,400 --> 00:40:18,680 Speaker 2: you had all that stuff, and you could pay your 856 00:40:18,719 --> 00:40:19,160 Speaker 2: bills for. 857 00:40:19,120 --> 00:40:22,560 Speaker 12: Like a year and a half norivirus. 858 00:40:24,000 --> 00:40:27,080 Speaker 6: Looking on the positive side, David Fashion. 859 00:40:26,719 --> 00:40:31,280 Speaker 4: Of here today, I wanted to't go to this next story. 860 00:40:31,920 --> 00:40:34,360 Speaker 5: This is from Bloomberg. Okay, so the headline is you 861 00:40:34,400 --> 00:40:36,800 Speaker 5: ready for this? Got o zempic breath. 862 00:40:37,080 --> 00:40:41,439 Speaker 4: Sure, she sees GOLP one lift for mint and gum. Okay, 863 00:40:41,480 --> 00:40:44,719 Speaker 4: so you heard of like ozempic face, like people lose 864 00:40:45,080 --> 00:40:47,520 Speaker 4: theirs a little bit. Yeah yeah, yeah, So this one 865 00:40:47,560 --> 00:40:51,799 Speaker 4: is ozempic breath because Hershey's CEO, he said that GLP ones. 866 00:40:51,840 --> 00:40:54,200 Speaker 4: They're boosting sales for mint and gum. Like you know, 867 00:40:54,239 --> 00:40:56,160 Speaker 4: they have the icebreakers gum, so that's a big thing 868 00:40:56,200 --> 00:40:59,400 Speaker 4: for them. The reason why is because GLP one drugs, 869 00:40:59,440 --> 00:41:02,680 Speaker 4: they slowed down digestion. Okay, so you can spirit some 870 00:41:02,719 --> 00:41:06,440 Speaker 4: side effects like maybe dry mouth, nausea, things like that, 871 00:41:06,520 --> 00:41:08,880 Speaker 4: and so that's where the ozembic breath comes in. 872 00:41:09,160 --> 00:41:10,640 Speaker 5: So you got to grab a mintor piece of gum. 873 00:41:10,800 --> 00:41:11,520 Speaker 5: It's helping out her. 874 00:41:12,200 --> 00:41:14,520 Speaker 3: Because there's been, as we've talked about, such widespread adoption 875 00:41:14,600 --> 00:41:17,280 Speaker 3: of these, but you like learn of these side effects 876 00:41:17,360 --> 00:41:19,560 Speaker 3: as it goes along. So I have heard complaints about nausea, 877 00:41:19,640 --> 00:41:22,080 Speaker 3: and you know, it's it's not easy for everybody who's 878 00:41:22,120 --> 00:41:23,560 Speaker 3: who's on these. But I had not heard of his 879 00:41:23,600 --> 00:41:24,240 Speaker 3: zempic breath. 880 00:41:24,239 --> 00:41:26,440 Speaker 2: I had heard a breath, but my friend said he 881 00:41:26,560 --> 00:41:29,319 Speaker 2: had like a terrible taste in his mouth the whole 882 00:41:29,320 --> 00:41:31,000 Speaker 2: time he took it. So he was taking months all 883 00:41:31,000 --> 00:41:32,680 Speaker 2: the time just to get rid of you know, sometimes 884 00:41:32,680 --> 00:41:34,480 Speaker 2: in your blood sugar drops. I don't know if that's related, 885 00:41:34,480 --> 00:41:35,799 Speaker 2: but like you get a bitter taste in your mouth. 886 00:41:35,840 --> 00:41:38,440 Speaker 2: He said he just tastes constantly, constantly, he felt like 887 00:41:38,480 --> 00:41:39,520 Speaker 2: he tasted. 888 00:41:39,160 --> 00:41:41,920 Speaker 5: Something terrible in his mouth. Interesting, So it's helping out hers, 889 00:41:42,120 --> 00:41:42,960 Speaker 5: it's doing them a good deal. 890 00:41:43,520 --> 00:41:44,719 Speaker 3: You know, run on gum. 891 00:41:46,400 --> 00:41:48,360 Speaker 5: All right, this one, David, this one's for you. 892 00:41:49,200 --> 00:41:50,520 Speaker 6: So this is from the Weekend. 893 00:41:50,560 --> 00:41:54,960 Speaker 5: Okay, the Weekend. Yes, forget health span. 894 00:41:55,239 --> 00:41:58,799 Speaker 4: Midlife men face pressure to extend hot spin, hot span, 895 00:41:59,080 --> 00:41:59,680 Speaker 4: hot span. 896 00:41:59,800 --> 00:41:59,960 Speaker 11: Yeah. 897 00:42:00,200 --> 00:42:03,839 Speaker 4: So they're saying that millennial men they grew up thinking like, oh, 898 00:42:03,880 --> 00:42:06,560 Speaker 4: we don't have to worry about a health looks, you know, retirement. 899 00:42:06,080 --> 00:42:06,520 Speaker 6: Things like that. 900 00:42:06,560 --> 00:42:10,960 Speaker 5: Instead you have to say hot for like several more decades. Statement. Okay, 901 00:42:11,080 --> 00:42:12,279 Speaker 5: so you need to work on this. 902 00:42:12,920 --> 00:42:15,880 Speaker 3: This is like this is really not so. 903 00:42:16,000 --> 00:42:16,960 Speaker 12: Yes, it's a journey. 904 00:42:17,200 --> 00:42:18,760 Speaker 6: Is a dangerous approach. 905 00:42:19,280 --> 00:42:21,360 Speaker 5: No, but they spoke with plastic surgeons. 906 00:42:21,400 --> 00:42:23,799 Speaker 4: You have to check out this article. Okay, they're saying 907 00:42:24,000 --> 00:42:26,560 Speaker 4: midlife has shifted, writes. So patients in their fifties are 908 00:42:26,560 --> 00:42:29,640 Speaker 4: training for triathlons. You know, they're starting companies, they're they're 909 00:42:29,680 --> 00:42:32,279 Speaker 4: they're dating after divorce, they're raising young kids. Like, they're 910 00:42:32,280 --> 00:42:35,799 Speaker 4: doing all these things at an older age, and they're 911 00:42:35,880 --> 00:42:39,399 Speaker 4: obsessed with longevity, Like do you go to the gym 912 00:42:39,480 --> 00:42:40,719 Speaker 4: to I'm not going. 913 00:42:40,600 --> 00:42:41,840 Speaker 3: To answer these questions. 914 00:42:41,840 --> 00:42:42,360 Speaker 5: For you. 915 00:42:42,360 --> 00:42:42,759 Speaker 7: What are you? 916 00:42:42,800 --> 00:42:44,319 Speaker 5: What are you eating? 917 00:42:44,440 --> 00:42:45,960 Speaker 3: I guess I have to wait time in my fifties 918 00:42:46,200 --> 00:42:48,400 Speaker 3: all of this stuff. Maybe that's the silver lining I 919 00:42:48,440 --> 00:42:51,200 Speaker 3: can see in all of this. You have like Tom 920 00:42:51,239 --> 00:42:53,120 Speaker 3: Cruise up there. So this is why these are celebs 921 00:42:53,120 --> 00:42:53,560 Speaker 3: who are. 922 00:42:53,400 --> 00:42:58,080 Speaker 5: Still still still looking good, still looking good, still looking good. 923 00:42:59,040 --> 00:43:01,759 Speaker 2: Fifty now, still look and it's alligan pretty good. 924 00:43:01,800 --> 00:43:04,799 Speaker 4: It is another like they're talking about this thing because 925 00:43:04,840 --> 00:43:07,239 Speaker 4: you are women talk about menopause. 926 00:43:07,280 --> 00:43:09,920 Speaker 5: They have menopause now. The men are usually. 927 00:43:09,719 --> 00:43:12,920 Speaker 3: All of the new terms here on the show, hot spanning, manopause. 928 00:43:12,640 --> 00:43:13,959 Speaker 5: Bringing it all to you. 929 00:43:14,360 --> 00:43:16,560 Speaker 4: But people pay a lot of money for some of this, Okay, 930 00:43:16,640 --> 00:43:19,520 Speaker 4: get this, six thousand dollars a year for a good 931 00:43:19,560 --> 00:43:22,920 Speaker 4: doctor who can work on your biomarkers, okay. Or you 932 00:43:22,920 --> 00:43:24,840 Speaker 4: can pay three hundred and twenty dollars a month to 933 00:43:24,920 --> 00:43:26,640 Speaker 4: spend on peptides, so we. 934 00:43:26,560 --> 00:43:29,120 Speaker 3: Can do that as peptides. I'm very skeptical. No, I 935 00:43:29,160 --> 00:43:30,560 Speaker 3: don't think they're like approved by any. 936 00:43:30,480 --> 00:43:31,960 Speaker 6: Rate schedule of the biomarkers too. 937 00:43:31,960 --> 00:43:33,480 Speaker 2: I had some girlfriends do it and they're like, my 938 00:43:33,600 --> 00:43:35,040 Speaker 2: physical age is seventeen. 939 00:43:35,120 --> 00:43:36,600 Speaker 6: I was like, they just want you to pay them again. 940 00:43:36,680 --> 00:43:37,399 Speaker 6: I don't believe that. 941 00:43:37,360 --> 00:43:38,879 Speaker 3: For a second, and I did see that piece. Chris 942 00:43:38,880 --> 00:43:40,040 Speaker 3: wrote that for pursuits it's worth. 943 00:43:40,040 --> 00:43:41,239 Speaker 5: It's excellent, it really is. 944 00:43:41,239 --> 00:43:41,800 Speaker 3: It's the weekend. 945 00:43:41,840 --> 00:43:42,640 Speaker 5: Of course, you're not. 946 00:43:42,560 --> 00:43:45,200 Speaker 6: Afraid of the manosphere and the man of wait, what 947 00:43:45,280 --> 00:43:46,279 Speaker 6: is it called? What do we just call it? 948 00:43:46,280 --> 00:43:48,680 Speaker 2: He's not spanning, manopase, man panning. 949 00:43:48,360 --> 00:43:49,920 Speaker 6: All right, one of those things. 950 00:43:52,080 --> 00:43:55,000 Speaker 2: Thanks for joining us on today's Bloomberg This Weekend podcast. 951 00:43:55,160 --> 00:43:57,399 Speaker 2: Don't forget to tune in live for the show every 952 00:43:57,400 --> 00:43:59,920 Speaker 2: Saturday and Sunday morning, starting at seven am Eastern. 953 00:44:00,160 --> 00:44:03,160 Speaker 3: We're on Bloomberg Television Radio and the Bloomberg Business App, 954 00:44:03,280 --> 00:44:07,400 Speaker 3: bringing you unique takes and in depth interviews on news, politics, lifestyle, 955 00:44:07,520 --> 00:44:08,080 Speaker 3: and culture.