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Speaker 1: Why from our nation's camera. All talk here in Washington,

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Speaker 1: d C. Turns to President elect Joe Biden's administration, Historically

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Speaker 1: speaking the markets that performed better when there is divided government.

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Speaker 1: The biggest pressure for physical stimulus is an up taking cases.

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Speaker 1: Bloomberg Sound On the Insiders, the Influencers, the inside siding

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Speaker 1: has Thomas again and again it he will unite the

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Speaker 1: country's state government's control elections as in the Constitution. I

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Speaker 1: think that we can expect a smooth, thoughtful, methodical transition.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg

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Speaker 1: and one oh five point seven m h D two

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Speaker 1: name Doc Trump has potential to upset markets with final acts.

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Speaker 1: What will he do ahead of the Georgia special runoff election. Meanwhile,

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Speaker 1: stocks rise to ten week high with rally in big tech,

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Speaker 1: and this COVID surge is America's longest and it's getting longer.

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Speaker 1: We have a lot to get through, including what President

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Speaker 1: Trump could do in his final months in office. This

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Speaker 1: as President elect Joe Biden continues to get ready for

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Speaker 1: his transition, and we're going to cover all of that.

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Speaker 1: But we begin tonight with a big national story. This

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Speaker 1: COVID surge is America's longest, and it's getting longer. Bloomberg's

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Speaker 1: Jonathan Levin reports on the terminal, the American pandemic's most

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Speaker 1: sustained increase in COVID nineteen infections appears poised to get

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Speaker 1: even longer, a worrisome indicator for overworked doctors and nurses.

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Speaker 1: The nationwide uptick in cases that became noticeable around mid

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Speaker 1: September is now in its ninth week, counting from the

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Speaker 1: previous low point in the seven day average. That's a

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Speaker 1: longer run than the March April tragedy that unfolded largely

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Speaker 1: in the Northeast and the June July upswing that hit

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Speaker 1: the Sun Belt hardest. According to tracking information by hospitalizations,

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Speaker 1: the picture is similarly grim, and this third surge patients

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Speaker 1: hospitalized with COVID nineteen started increasing more than seven weeks ago,

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Speaker 1: the longest streak yet. Take a listen to what governors

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Speaker 1: had to say earlier today, including Governor Charlie Baker of

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Speaker 1: Massachusetts and Governor Andrew Cromo of New York, plus Governor

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Speaker 1: Larry Hogan, the centrist Republican of Maryland. Here they are

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Speaker 1: the virus has returned to our state in a big way.

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Speaker 1: More people are getting infected with the virus, more people

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Speaker 1: are being hospitalized, more people are going into intensive care,

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Speaker 1: and more Marylanders are dying. I can't think of a

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Speaker 1: worse time to stall a transition than amid a deadly

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Speaker 1: pandemic that the federal government continues to own primary responsibility

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Speaker 1: for responding to. If the national numbers are going up

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Speaker 1: and the states around you were going up, be prepared.

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Speaker 1: Jordan Fabian is a Bloomberg White House reporter. Jordan's as

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Speaker 1: the current administration taking this seriously, and what can they

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Speaker 1: be doing in order to better prepare states for this

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Speaker 1: uptick in cases that we're also seeing a round the world.

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Speaker 1: It started to tell they're taking more seriously, Kevin, because

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Speaker 1: we haven't had a Coronavirus Task Force update publicly in

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Speaker 1: months now. Those three pins all but stopped for the press.

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Speaker 1: We do know that the task force met last week

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Speaker 1: under the supervision of Vice President Mike Pence, but it

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Speaker 1: seems like at this point the administration is putting all

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Speaker 1: this eggs in the vaccine basket. They were cutting that

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Speaker 1: news about the Fiser study that showed their candidate is

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Speaker 1: possibly effectives, but public health officials law across the country

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Speaker 1: running until that vaccine is available for the vast majority

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Speaker 1: of Americans, that people need to still practice social distancing,

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Speaker 1: wear masks, and take those precautions that they've been urging

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Speaker 1: for months in order to stop the disease is spread.

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Speaker 1: You know, I'm on my Bloomberg terminal and I'm following

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Speaker 1: along with the COVID tracking project. Of course, Johns Hopkins

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Speaker 1: University data really at the forefront of this. Nationally, the

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Speaker 1: US reported a hundred and thirty five thousand, more than

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Speaker 1: a hundred and thirty five thousand new COVID nineteen cases

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Speaker 1: just yesterday alone, bringing the seven day average to a

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Speaker 1: record hundred and twenty three thousand. Meanwhile, there were one thousand,

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Speaker 1: three hundred and ninety three deaths, which put the seven

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Speaker 1: day average above one thousand. This is the first time

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Speaker 1: that there have been more than one thousand deaths in

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Speaker 1: the seven day average since August. Overall, there's been nearly

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Speaker 1: two hundred and forty thousand fatalities as a result of

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Speaker 1: COVID nineteen. I say this data, Jordan, because folks, what

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Speaker 1: we're going through in terms of the uptick we have

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Speaker 1: not seen. We have not seen this. Since mid April,

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Speaker 1: the U S had a record sixty one thousand, nine

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Speaker 1: hundred and sixty four patients currently in hospitals with COVID

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Speaker 1: nineteen just alone on yesterday, and the previous high, the

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Speaker 1: previous record daily record for hospitalizations was on April. Jordan's

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Speaker 1: it would appear that states are going to have no

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Speaker 1: choice but to take a look at the hard data

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Speaker 1: and and and make some difficult decisions as Americans enter

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Speaker 1: into holiday season. You're right, Kevin, because that guy isn't coming,

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Speaker 1: at least publicly from the federal government, So it's going

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Speaker 1: to be incumbent upon these states to make the decisions themselves.

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Speaker 1: And what's going to make it even more complicated, though,

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Speaker 1: is that you're going to have Americans traveling for the holidays,

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Speaker 1: even though that public health officials are warning against large gatherings.

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Speaker 1: I mean, inevitably, they're going to be people traveling to

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Speaker 1: see their friends and relatives, and they're they're possibly going

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Speaker 1: to be traveling back home and possibly carrying the virus

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Speaker 1: with them and seeing new infections. And that's what has

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Speaker 1: public health officials so concerned, is that not only we've

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Speaker 1: seen this rise, and it's gonna come in a period

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Speaker 1: where there's gonna be even more possibilities to spread the

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Speaker 1: virus all around. Meanwhile, President Trump also making different news

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Speaker 1: with regards to Pentagon's leadership. You report or our colleagues

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Speaker 1: rather trying to Capachio leading the team reporting a flurry

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Speaker 1: of changes in the Pentagon's top ranks is underway as

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Speaker 1: President Trump elevates longtime allies and moves that critics say

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Speaker 1: sends a signal of turmoil and the leadership of the

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Speaker 1: U S military just after a contentious election. What are

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Speaker 1: your sources telling you at the White House, Jordan's about

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Speaker 1: whether or not there's going to be additional moves in

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Speaker 1: the coming weeks. Well, Kevin, it's been a bit of

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Speaker 1: a black box, but I think all the public speculation

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Speaker 1: has pointed to a possible another round of firings or

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Speaker 1: or resignations and other places in the US government. People

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Speaker 1: have been speculating for a long time about the FBI

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Speaker 1: director Christopher Ray, who the President has publicly criticized repeatedly,

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Speaker 1: and also the CIA director Gina Haskell, and the presidents

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Speaker 1: a long time critic of the intelligence community. And I'll

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Speaker 1: note that Gena. Haskell was on Capitol Hill the other

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Speaker 1: day this week meeting with the Senate Majority Leader, Mr. McConnell.

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Speaker 1: They both have some Kentucky ties, and a lot of

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Speaker 1: people were wondering why that meeting was happening, whether it's

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Speaker 1: possible that Hasspoll is going to McConnell for some support

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Speaker 1: with the president, because of course those two men are allied.

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Speaker 1: So we'll have to see what happens when the President

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Speaker 1: takes this further, But he does appear to be targeting

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Speaker 1: some long time votes or perceived potes in the federal

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Speaker 1: government in the final stretch of his administration. Do your

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Speaker 1: sources understand that President electro Biden's inauguration is January twenty?

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Speaker 1: You know, some people I talked to Kevin in Trump

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Speaker 1: world do acknowledge that, and they do think that the

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Speaker 1: President will eventually acknowledge that. But but there are others

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Speaker 1: who who don't acknowledge it and and are sort of

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Speaker 1: fully in the tank for this effort to somehow overturn

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Speaker 1: the results of the election. And there's one you know,

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Speaker 1: point out Kevin with the FBI director. If the president

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Speaker 1: does move you remove Christopher Ray, that would be removing

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Speaker 1: a Republican FBI director and allowing Joe Biden to appoint

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Speaker 1: somebody else to fill that role. And so that would

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Speaker 1: be the unintended consequence of such a thatch remove. Okay,

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Speaker 1: So if that wasn't enough to keep Washington busy with

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Speaker 1: the uptick in COVID nineteen cases, the developments coming from

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Speaker 1: President Trump's final weeks in office with regards to shake

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Speaker 1: ups at the Pentagon, there's also a fiscal stimulus now.

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Speaker 1: Earlier today, Congressman Brendan Boyle, Democrat from Pennsylvania, frequently a

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Speaker 1: guest on this program, he spoke with my colleague David

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Speaker 1: weston on Balance and Power about whether or not there

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Speaker 1: can be a stimulus deal in the lame duck session.

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Speaker 1: Here is, we'll be doing this longstalled COVID relief bill.

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Speaker 1: We right now have the worst numbers during the entire pandemic.

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Speaker 1: It is badly needed. Um. We passed two different bills

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Speaker 1: out of the House of Representatives. We think we've been

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Speaker 1: close to agreement with Secretary Manuchin and the administration. The

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Speaker 1: center Republican side has been the real stumbling block. And

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Speaker 1: so I hope now that the election is beyond us,

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Speaker 1: we can finally reach an agreement. We got a minute left,

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Speaker 1: Jordan's are are your sources optimistic that there could be

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Speaker 1: a lame duck deal? There's hope, I would say, Kevin,

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Speaker 1: but not optimism because let me ask a better question,

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Speaker 1: because this is my fault. Are there serious discussions taking

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Speaker 1: place about this? Maybe among the lawmakers, but we haven't

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Speaker 1: seen a ton of engagement from the administration, and that's

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Speaker 1: what's going to be needed to get us across the

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Speaker 1: finish line. It's always going to have needed a nudge

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Speaker 1: from the President to get these hold out Republican senators

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Speaker 1: to fall on mine. And there's no indication of the

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Speaker 1: president it's compared to do that. We haven't seen him

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Speaker 1: in almost a week, or at least seen him publicist

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Speaker 1: speak publicly. Uh, you know, he's been hold up in

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Speaker 1: the White House, and it doesn't really appear that he's

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Speaker 1: engaged in these talks. All right, Jordan Baby and Bloomberg

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Speaker 1: White House Reporter. Excellent reporting, Thank you so much for

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Speaker 1: your time, and coming up, we pivot to the economy.

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Speaker 1: What happened in the markets today? We're gonna check in

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Speaker 1: with an economist on not from John Author's d John

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Speaker 1: Author senior editor from Markets to Bloomberg Opinion. I'm Kevin CURRELLI.

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Speaker 1: You're listening to Bloomberg N one. This is Bloomberg's Sound

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Speaker 1: On with Kevin Surreley on Bloomberg and one All five

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Speaker 1: point seven m h D two. My name is Kevin SERELLI.

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Speaker 1: I'm the chief Washington correspondent for Bloomberg Television and for

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Speaker 1: Bloomberg Radio. So here we are in a rainy day

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Speaker 1: in Washington. I got a call from my friends Tammy.

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Speaker 1: I say, Tam, what's up. She goes, you gotta get

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Speaker 1: a dog Tag Bakery. I said, I was just there yesterday.

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Speaker 1: I've had too much coffee today. I don't need any

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Speaker 1: more coffee. She goes, Vice President elect Kamala Harris is

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Speaker 1: getting coffee at dog Tech. I said, no on Veteran's Day.

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Speaker 1: So our friends over at dog Tag Bakery, who just

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Speaker 1: do incredible, incredible work for entrans. They're gonna check in

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Speaker 1: with us in the next hour to give us a

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Speaker 1: load down on what did what did the Vice President

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Speaker 1: elect Kamal Laharis get a dog Tag Bakery? Gotta find out, folks,

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Speaker 1: gotta find out. Anyway, for the record, we're gonna be

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Speaker 1: in special golf programming tomorrow. Um My dad had a

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Speaker 1: rule that surrealis don't golf and surrealis don't skate. I've

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Speaker 1: been skiing a couple of times in my life, sorry Dad,

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Speaker 1: but I've only been golfing once. But so I'm not

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Speaker 1: the best golf fan, but I know many people are.

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Speaker 1: And you can listen to all of the golf tomorrow

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Speaker 1: and Friday. And I have off until next Tuesday, so

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Speaker 1: I'll be back from uh my slumber. I don't know.

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Speaker 1: I'm not doing anything um next Tuesday. And we've got

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Speaker 1: a lot to talk about obviously as well. Okay, enough

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Speaker 1: about me, let's talk about the market. Stocks climbed as

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Speaker 1: giant tech companies rallied and a shift back to the

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Speaker 1: safety trade that has powered this year's gains amid speculation

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Speaker 1: the economic recovery will be slow with a virus resurgence,

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Speaker 1: The SMP five hundred rows to the highest since September two,

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Speaker 1: while the Nasdaq one hundred jumps more than two heavyweights. Apple,

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Speaker 1: Amazon surged alongside some stand home shares that were hit

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Speaker 1: hard by this week's sell off, such as Zoom. Because

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Speaker 1: of the results of the UH. Positive developments on the

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Speaker 1: vaccination front. Okay, So, my colleagues on Bloomberg Television of

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Speaker 1: Radio spoke with Mark Mobius earlier today. He's the co founder,

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Speaker 1: obviously of Mobias Capital Partners. Uh, and he says that

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Speaker 1: the markets will begin to bounce back next year as

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Speaker 1: a suitable vaccine nears the consumer market for the mass public.

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Speaker 1: Take a listen to what Mark said. So I think, uh,

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Speaker 1: the picture it looks very very good beginning next year.

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Speaker 1: As I mentioned many times, I think we're going to

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Speaker 1: have a v shaped recovery, and I think it's based

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Speaker 1: on the fact that this COVID nineteen fear will be over.

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Speaker 1: Joining us now to help understand what happened in the

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Speaker 1: markets today as well as to play this forward on

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Speaker 1: what the fiser vaccination front means for for the economic

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Speaker 1: side of things is John Authors. I am so incredibly

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Speaker 1: grateful that he's become a frequent guest on this program

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Speaker 1: because he is a senior editor for Markets and Bloomberg

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Speaker 1: opinion columnists, and of course he has had decades long

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Speaker 1: career and at the Financial Times before joining us here

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Speaker 1: at Bloomberg. So John, thank you truly for joining us. Okay,

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Speaker 1: so let's start with what happened in the markets today

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Speaker 1: and how the developments where I am in Washington, d C.

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Speaker 1: On the transition front, the fiscal stimulus front, some of

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Speaker 1: the uncertainty coming from Washington front. Um, how is that

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Speaker 1: impacting investors? Well, they all impact in different ways. There's

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Speaker 1: the things that there are so many different cross cutting

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Speaker 1: factors at the moment. The one thing this is, I

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Speaker 1: have to say, surprised me is that, um, given the

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Speaker 1: real stubbornness or that you know, the the apparent clear

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Speaker 1: intent by by Trump to not to concede and to

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Speaker 1: try to make a contested election of this, which is

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Speaker 1: something that was much feared for months reading scenario analysis

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Speaker 1: from investment analysts about what would happen if he did

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Speaker 1: try to contest the results of an election he lost.

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Speaker 1: It's quite interesting that the market has taken it is

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Speaker 1: taking it so calmly and oddly enough for quite an

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Speaker 1: indictment for for for Donald Trump that basically invested aren't

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Speaker 1: taking him seriously. They think he'shupping and puffing. Let's hope

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Speaker 1: the investors are right about that. When it comes to

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Speaker 1: the virus, you have this very strange situation where the

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Speaker 1: vaccine is you know, there's no way to call it

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Speaker 1: other than good news. But what it means is that

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Speaker 1: you've had I would say, the biggest rotation ever in

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Speaker 1: terms of switching around within the markets. And you know,

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Speaker 1: a lot of the really intense interest in the big

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Speaker 1: tech names that were seen as sort of being immune

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Speaker 1: to the virus has has gone. So a lot of

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Speaker 1: those companies took a big step back, while companies like

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Speaker 1: AMC rose fifty to day the vaccine came out to

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Speaker 1: a cinema operator. That's really very major, good, major good news.

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Speaker 1: What we've seen today is what you generally expect in

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Speaker 1: the physics of of markets. You've seen a flight bounce

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Speaker 1: back um, which is no surprise at all after you know,

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Speaker 1: a really massive savage move after the first vaccine news.

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Speaker 1: But basically the picture remains that we're people are feeling

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Speaker 1: very much more positive than they were because of the

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Speaker 1: vaccine that for the time being blocks out negativity about

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Speaker 1: the stimulus and about the political uncptity. Okay, John Authur's

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Speaker 1: is that the senior editor from Markets and Bloomberg columnists

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Speaker 1: John I say this, seriously, are the markets hoping for

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Speaker 1: a photo finish of sorts on the vaccination front. And

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Speaker 1: what I mean by that is the developments with Fiser

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Speaker 1: on Monday played out above the fold on print newspapers

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Speaker 1: on Tuesday and obviously dominated the websites and and and

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Speaker 1: felt like that's and we saw the market reaction. Are

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Speaker 1: they hoping for? You know? This, this this image of

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Speaker 1: people getting a shot, uh, mass produced? But because based

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Speaker 1: upon my reporting and what the scientists are telling us

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Speaker 1: is that it's going to be a gradual rollout. Do

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Speaker 1: you get what I'm getting I'm trying to get out exactly?

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Speaker 1: I'd make two points about it. Certainly I agree with

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Speaker 1: you that that um just because the news on Monday

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Speaker 1: was genuinely good in that we we knew they were

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Speaker 1: going to get testers. Elso around about now, the fact

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Speaker 1: that it appears to be effective really is great news.

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Speaker 1: It was not in the price that you would have

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Speaker 1: the first vaccine to get this far would appear to

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Speaker 1: work this well, So you know that that's genuinely but

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Speaker 1: it's it's it's but we are talking literally about the

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Speaker 1: military operation, military level of logistics needed to get this

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Speaker 1: into enough arms, and obviously, particularly in this country, there

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Speaker 1: are plenty of people who are going to refuse to

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Speaker 1: have it. Um What matters now, There are two things.

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Speaker 1: One is that it's great that we've got one vaccine

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Speaker 1: that works, but there are limits on capacity and we

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Speaker 1: want more vaccines that work, so it will be here.

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Speaker 1: The other one that will really interest people is the

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Speaker 1: one from Oxford because that one does that one only

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Speaker 1: requires refrigeration rather than to be kept in minus hundred degrees.

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Speaker 1: It becomes far easier to distribute in the developing world.

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Speaker 1: It's a much easier vaccine to distribute. And there were

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Speaker 1: also some in the pipeline that hope they can do

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Speaker 1: it with only one shot rather than two, which also

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Speaker 1: makes logistics. So yes, this is this is far from over.

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Speaker 1: It's just the fact that that test was that successful

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Speaker 1: but had that big an impact in terms, and it

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Speaker 1: brings forward by a few months for notional period when

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Speaker 1: we can begin to get back to normal. That's what

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Speaker 1: markets care about. It doesn't mean people in the market

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Speaker 1: series you think we can go back to normal tomorrow,

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Speaker 1: because that ain't happening. That's definitely not the case. One

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Speaker 1: minute left with you. But I've always wanted to ask

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Speaker 1: you how no, no, no, no, no, You're so brilliant,

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Speaker 1: and I mean truly, I'm so grateful. How did you

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Speaker 1: get into what what made you want to get into

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Speaker 1: these issues as a reporter, in the issues of the

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Speaker 1: vaccine or no, no, no, no, How did you get

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Speaker 1: to where you are? What was the driving force that

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Speaker 1: you wanted to be interested in markets? Now we have

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Speaker 1: like various other people didn't give me jobs, and various

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Speaker 1: people who are interested in mark Indeed, I love me

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Speaker 1: than that. If there is anything, if there is anything,

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Speaker 1: the people at the place that's always first with the

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Speaker 1: news is the market. The day that there was the

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Speaker 1: coup against Gorpuchov back in my first year at the

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Speaker 1: Financial Times, you knew about it because the screens had

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Speaker 1: gone red. Wow, immediately, this is brilliant. The news breaks

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Speaker 1: first on market John John Author's I feel like we're

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Speaker 1: gonna be friends, all right. John Author's I cannot thank

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Speaker 1: you enough. Brilliant, just brilliant. I mean, seriously, folks, That's

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Speaker 1: why I love my job. John Author's, senior editor from

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Speaker 1: Markets and Bloomberg Opinion columnists. Thank you, sir for educating

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Speaker 1: us and for giving us making time for us on

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Speaker 1: this program. Much more coming up next year. Listening to

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Speaker 1: Bloomberg from our nation, I'll talk here in Washington. D

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Speaker 1: C turns to President elect Joe Biden's administration historical speaking

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Speaker 1: the markets that performed better when there is divided government.

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Speaker 1: The biggest pressure for physical stimulus is an of taking cases.

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Speaker 1: Bloomberg Sound On the Insiders, the influencers, the insiders siding

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Speaker 1: has Thomas again and again it he will unite the

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Speaker 1: country's state government, control elections US in the constitution. I

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Speaker 1: think that we can expect a smooth, thoughtful, methodical transition.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirlette on Bloomberg

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Speaker 1: and one oh five point seven h D two. This

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Speaker 1: COVID surge is America's longest and it's getting longer. What

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Speaker 1: can be done to stop the spread? Plus stocks rise

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Speaker 1: to attend week high with rally in big tech and

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Speaker 1: Georgia still on everyone's mind. What does it mean for

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Speaker 1: control of the Senate? We check in with one lawmaker

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Speaker 1: on Capitol Hill. All of that, plus Ronald Robney McDaniel

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Speaker 1: suggests the Biden wind the chairwoman of the Republican National Committee.

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Speaker 1: We've got a lot to cover and an all star panel.

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Speaker 1: I want to wish a happy Veterans Day to all

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Speaker 1: of Americans veterans as well as their families. We recognize

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Speaker 1: honor and are grateful for their service. We're gonna catch

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Speaker 1: up with my friends over at dog Tag Bakery later

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Speaker 1: on this hour, but we begin tonight with a pressing matter.

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Speaker 1: This COVID surge is America's longest and it's getting longer.

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Speaker 1: The American pandemics most sustained increase in COVID nineteen infections

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Speaker 1: appears poised to get even longer, a worrisome indicator for

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Speaker 1: overworked doctors and nurses. The nationwide uptick in cases that

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Speaker 1: became noticeable around mid September is now in its ninth week,

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Speaker 1: counting from the previous low point in the seven day average.

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Speaker 1: That's a longer run than the March April tragedy that

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Speaker 1: unfolded largely in the Northeast and the June July upswing

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Speaker 1: that hit the Sun Belt hardest. Across the country. Governors

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Speaker 1: are taking notice and now having to impact new restrictions

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Speaker 1: in their states. Take a listen to Governor Charlie Baker

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Speaker 1: of Massachusetts, Governor Andrew Cuomo of New York, and Governor

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Speaker 1: Larry Hogan of Maryland, the virus has returned to our

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Speaker 1: state in a big way. More people are getting infected

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Speaker 1: with the virus, more people are being hospitalized, more people

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Speaker 1: are going into intensive care, and more Marylanders are dying.

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Speaker 1: I can't think of a worse time to stall a

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Speaker 1: transition than amid a deadly pandemic that the federal government

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Speaker 1: continues to own primary responsibility for responding to. If the

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Speaker 1: national numbers are going up and the states around you

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Speaker 1: were going up, be prepared. According to the Bloomberg Terminal

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Speaker 1: Data Trackers on COVID nineteen up fueled by John Hopkins

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Speaker 1: University research, in this third surge, patients hospitalized with COVID

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Speaker 1: nineteen started increasing more than seven weeks ago. This is

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Speaker 1: the longest streak yet. Nationally, the US reported a hundred

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Speaker 1: and thirty five thousand plus new COVID nineteen cases just

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Speaker 1: yesterday alone. The seven day average is now at a

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Speaker 1: record one hundred and twenty three thousand plus cases. Meanwhile,

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Speaker 1: there were one thousand, three hundred and ninety three deaths,

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Speaker 1: which put the seven day average above one thousand deaths

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Speaker 1: for the first time since August. Overall, two hundred and

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Speaker 1: forty thousand American fatalities, and according to COVID nineteen Tracking

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Speaker 1: Project data, the US hit a record sixty one thousand

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Speaker 1: plus patients currently hospitalized with COVID nineteen just yesterday alone.

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Speaker 1: The previous high was on April. All of this comes

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Speaker 1: following incredibly positive developments earlier this week, when fis AER

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Speaker 1: announced that they have a vaccine in trials with a

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Speaker 1: more than effective rate and a therapeutic in development with

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Speaker 1: regards to ELI Lily. Earlier today, Congress and Brendan Boyle,

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Speaker 1: a frequent guest on this program, spoke with my colleague

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Speaker 1: David Weston on Balance of Power. Take a listen to

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Speaker 1: what the Democrat from Pennsylvania had to say about the

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Speaker 1: impact that the COVID nineteen cases and the developments on

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Speaker 1: the health front might place on lawmakers to get to

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Speaker 1: a fiscal stimulus deal in the Lame Duck. Will be

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Speaker 1: doing this longstalled COVID relase bill. We right now have

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Speaker 1: the worst numbers during the entire pandemic. It is badly needed.

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Speaker 1: Um We passed two different bills out of the House

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Speaker 1: of Representatives. We think we've been close to agreement with

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Speaker 1: Secretary Manuchin and the administration. The Senate Republican side has

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Speaker 1: been the real stumbling block, and so I hope now

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Speaker 1: that the election is beyond us, we can finally reach

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Speaker 1: an agreement. Kristen Haunt is a Democratic strategist and a

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Speaker 1: partner at Rock Solutions. She is also the former Blue

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Speaker 1: Dog Coalition communications director, and Brendan buck is a partner

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Speaker 1: at Seven Letter and a former spokesman advisor to how

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Speaker 1: Speaker Paul Ryan there with me for the hour. Thank

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Speaker 1: you for joining us, Chris, and let me start with you. Uh.

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Speaker 1: You hear these cases and it feels bigger than a

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Speaker 1: specific moment. But given the volatility coming from the White House,

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Speaker 1: is this going to be up to the governors and

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Speaker 1: who right now should be coordinating the response and what

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Speaker 1: has become not just an American issue with the uptaking cases,

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Speaker 1: but also now is penetrating and wreaking havoc across Europe. Yeah,

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Speaker 1: thanks for having me on um. I think you know

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Speaker 1: that we can talk all day long about the lack

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Speaker 1: of leadership from the administration and the impacts were going

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Speaker 1: to have. But we we've been told by the scientists

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Speaker 1: over and over and over again. Whether we wanted to

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Speaker 1: believe it or not that we were going to have

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Speaker 1: UM this surge in the fall, and it is upon us.

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Speaker 1: And I don't see the administration, the current administration UM

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Speaker 1: doing anything more um than they have been. Unfortunately. Uh,

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Speaker 1: you know, President like Biden has given some guidance, He's

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Speaker 1: been putting his pass force together. There's so much, only

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Speaker 1: so much he can do before he takes office. So

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Speaker 1: uh you know, I think the governors will probably a

431
00:26:10,359 --> 00:26:12,600
Speaker 1: lot of it will be up to them, UM. And

432
00:26:12,640 --> 00:26:16,560
Speaker 1: then once we have a new president who is responsible

433
00:26:16,640 --> 00:26:19,200
Speaker 1: in the White House, UM, we can have more guidance

434
00:26:19,240 --> 00:26:22,040
Speaker 1: of the nation. But unfortunately I don't see that happening

435
00:26:22,480 --> 00:26:27,200
Speaker 1: until January when he takes the office. Brendan Buck yesterday alone,

436
00:26:27,440 --> 00:26:31,480
Speaker 1: I was really struck by this. Yesterday alone, seven states.

437
00:26:31,640 --> 00:26:37,320
Speaker 1: I want to make sure that I have them Rhode Island, Pennsylvania, Ohio, Illinois, Montana, Wyoming,

438
00:26:37,560 --> 00:26:40,720
Speaker 1: New Mexico, and Colorado. Eight states. I correct myself, eight

439
00:26:40,840 --> 00:26:46,000
Speaker 1: states yesterday alone had single day record cases. Now, one

440
00:26:46,040 --> 00:26:48,280
Speaker 1: of the things that I hear frequently is what we're

441
00:26:48,280 --> 00:26:52,000
Speaker 1: doing more testing. The testing that we're doing does not

442
00:26:52,240 --> 00:26:54,359
Speaker 1: keep up with the pace. And this is according to

443
00:26:54,400 --> 00:26:56,960
Speaker 1: the data. The testing that we're doing does not keep

444
00:26:57,080 --> 00:27:00,440
Speaker 1: up with the pace of the spread of the IRS.

445
00:27:00,480 --> 00:27:03,160
Speaker 1: And it's very clear when you look at the charts. Yes,

446
00:27:03,240 --> 00:27:05,480
Speaker 1: we are doing more testing, and the Department of Health

447
00:27:05,680 --> 00:27:09,639
Speaker 1: our DHS announced earlier this week that only about thirty

448
00:27:09,680 --> 00:27:12,960
Speaker 1: one million tests were issued last month and there are

449
00:27:13,000 --> 00:27:17,200
Speaker 1: more than a hundred and sixty million tests available nationwide,

450
00:27:17,240 --> 00:27:21,240
Speaker 1: so folks aren't even utilizing them for whatever reason. But

451
00:27:21,320 --> 00:27:25,560
Speaker 1: Brendan Buck has this simply become a state issue, a

452
00:27:25,640 --> 00:27:30,359
Speaker 1: state response issue. It's a state issue, and it's also

453
00:27:30,760 --> 00:27:32,639
Speaker 1: an individual issue. And I think this is one of

454
00:27:32,680 --> 00:27:35,600
Speaker 1: the fundamental problems that it's going to be really hard

455
00:27:35,640 --> 00:27:39,240
Speaker 1: for Joe Biden to solve, and it is the cultural resistance.

456
00:27:39,240 --> 00:27:42,800
Speaker 1: A lot of people have to taking this seriously. Governors

457
00:27:42,800 --> 00:27:45,160
Speaker 1: are going to have to get more strict um. There's

458
00:27:45,200 --> 00:27:47,560
Speaker 1: going to have to be new new restrictions put in place,

459
00:27:47,600 --> 00:27:50,040
Speaker 1: and how people respond to those, I think is going

460
00:27:50,080 --> 00:27:53,520
Speaker 1: to be really important. Uh Christian said it. The President

461
00:27:53,560 --> 00:27:57,720
Speaker 1: hasn't shown really any leadership on this, and as a result,

462
00:27:57,960 --> 00:27:59,960
Speaker 1: you have a lot of people who don't take it seriously.

463
00:28:00,640 --> 00:28:02,560
Speaker 1: That's not something that Joe Biden is going to be

464
00:28:02,600 --> 00:28:05,560
Speaker 1: able to solve. In fact, Donald Trump I think was

465
00:28:05,720 --> 00:28:08,920
Speaker 1: uniquely positioned to solve that some people who just naturally

466
00:28:08,920 --> 00:28:11,760
Speaker 1: are resistant to government telling them what to do or

467
00:28:11,760 --> 00:28:14,919
Speaker 1: how to live their lives. Uh, and pushing back on

468
00:28:15,000 --> 00:28:18,119
Speaker 1: that and providing clear guidance of what what's safe and

469
00:28:18,119 --> 00:28:19,840
Speaker 1: what's good and what's gonna help you and your family

470
00:28:19,880 --> 00:28:23,080
Speaker 1: and help your local economy. Uh. He resisted. Um, you know,

471
00:28:23,160 --> 00:28:25,640
Speaker 1: and it fits and starts he would do the responsible thing,

472
00:28:25,640 --> 00:28:28,760
Speaker 1: but largely didn't. So Yeah, going forward, you're gonna have

473
00:28:28,800 --> 00:28:30,920
Speaker 1: to look to go to governors to do things. And

474
00:28:31,040 --> 00:28:32,960
Speaker 1: it was great news that we've got a vaccine coming,

475
00:28:33,080 --> 00:28:35,080
Speaker 1: but that is a long way off, and this is

476
00:28:35,119 --> 00:28:39,160
Speaker 1: gonna be a painful winter if people continue to be

477
00:28:39,280 --> 00:28:42,360
Speaker 1: resistant to what we need to do. Um. I hope

478
00:28:42,360 --> 00:28:44,760
Speaker 1: it's it's not that bad. The one thing that I'm

479
00:28:44,800 --> 00:28:47,360
Speaker 1: that I am if there's any silver lining here, and

480
00:28:47,400 --> 00:28:51,040
Speaker 1: maybe we'll get Congress to take this a little more seriously. Um.

481
00:28:51,080 --> 00:28:54,440
Speaker 1: We came back from the election and it feels that

482
00:28:54,480 --> 00:28:57,760
Speaker 1: we were right back where we were with Gridlock on

483
00:28:57,760 --> 00:28:59,960
Speaker 1: on a COVID bill, even though it's gotten so much.

484
00:29:00,440 --> 00:29:02,040
Speaker 1: We're going to talk more about that coming up, and

485
00:29:02,120 --> 00:29:05,080
Speaker 1: we should not, folks, this is not a uniquely American problem.

486
00:29:05,120 --> 00:29:09,800
Speaker 1: Countries UK, France, UH, Germany, Israel all having to deal

487
00:29:09,840 --> 00:29:11,959
Speaker 1: with other countries as well having to deal with an

488
00:29:12,560 --> 00:29:15,480
Speaker 1: increase in cases. More Next with the panel, I'm Kevin SURRELI.

489
00:29:15,520 --> 00:29:38,320
Speaker 1: You're listening to Bloomberg, George Georgia, the whole Bloomberg Radio.

490
00:29:38,600 --> 00:29:41,360
Speaker 1: I feel like with the nation focusing on Georgia, we're

491
00:29:41,360 --> 00:29:43,640
Speaker 1: gonna be listening to a lot of Ray Charles friends

492
00:29:44,000 --> 00:29:46,640
Speaker 1: over the next couple of weeks as we all prepare

493
00:29:46,720 --> 00:29:51,200
Speaker 1: for January fifth special runoff election. It's Senator David Purdue,

494
00:29:51,360 --> 00:29:56,000
Speaker 1: the Republican incumbent against the Democratic challenger John assaf John

495
00:29:56,000 --> 00:30:01,560
Speaker 1: ass Off and UH Senator Kelly Lefler the other special election,

496
00:30:01,600 --> 00:30:06,120
Speaker 1: the Republican incumbent up against Reverend Raphael Warnock. That's those

497
00:30:06,120 --> 00:30:08,600
Speaker 1: are the stakes. Okay. So the math in the in

498
00:30:08,640 --> 00:30:12,880
Speaker 1: the Senate for next Congress is currently um at fifty

499
00:30:13,040 --> 00:30:20,840
Speaker 1: to So this is interesting because obviously if the Democrats

500
00:30:21,400 --> 00:30:24,920
Speaker 1: go for the two point conversion and they get us

501
00:30:24,920 --> 00:30:28,680
Speaker 1: off in Warnock, then it's fifty split and who gets

502
00:30:28,720 --> 00:30:31,520
Speaker 1: the deciding vote in the Senate. The current Vice president

503
00:30:31,560 --> 00:30:34,680
Speaker 1: elect soon to be Vice President Kamala Harris. So there's

504
00:30:34,680 --> 00:30:38,000
Speaker 1: a lot of stake and that is specifically what Senator

505
00:30:38,080 --> 00:30:43,120
Speaker 1: Kelly Leffler told supporters with regards to the upcoming upcoming

506
00:30:43,720 --> 00:30:48,160
Speaker 1: run off election. Here she is earlier. We are not

507
00:30:48,360 --> 00:30:59,280
Speaker 1: done yet. The road to socialism does not run through

508
00:30:59,360 --> 00:31:03,240
Speaker 1: Georgia and this race. These races rather are attracting national,

509
00:31:03,600 --> 00:31:06,480
Speaker 1: national attention and a lot of money. I spoke with

510
00:31:06,600 --> 00:31:09,840
Speaker 1: one source close to the president's reelection campaign who said

511
00:31:09,880 --> 00:31:12,800
Speaker 1: that they are actually having conversations with Republican donors to

512
00:31:13,000 --> 00:31:17,120
Speaker 1: fund the special runoff elections. Senator Marco Rubio, a Republican

513
00:31:17,120 --> 00:31:20,360
Speaker 1: from Florida, who, mind you, is often named as the

514
00:31:20,400 --> 00:31:25,920
Speaker 1: potential presidential contender. Well, he went to Georgia Atlanta, and

515
00:31:26,000 --> 00:31:29,200
Speaker 1: he had this to say. This is literally, you know,

516
00:31:30,360 --> 00:31:33,120
Speaker 1: the showdown of all showdowns in terms of politics and

517
00:31:33,120 --> 00:31:35,840
Speaker 1: what it means rarely does a state, rarely do what

518
00:31:35,920 --> 00:31:38,200
Speaker 1: people get the opportunity that you've been handed, and that

519
00:31:38,360 --> 00:31:41,320
Speaker 1: is to determine in a non presidential race the very

520
00:31:41,360 --> 00:31:44,440
Speaker 1: direction of the country. Brendan buck is with us Kristin

521
00:31:44,520 --> 00:31:48,360
Speaker 1: haun Kristen. Can the Democrats pull off an upset and

522
00:31:48,400 --> 00:31:53,160
Speaker 1: go for the political two point conversion. Yeah, I'd never

523
00:31:53,200 --> 00:31:56,280
Speaker 1: say never. I think we've got an uphill battle, um,

524
00:31:56,360 --> 00:31:59,320
Speaker 1: to say the least, but I think that, um, you know,

525
00:31:59,360 --> 00:32:02,520
Speaker 1: the votes could be there. Georgia seems to be trending

526
00:32:02,520 --> 00:32:05,040
Speaker 1: our way this time. People look at the presidential election

527
00:32:05,080 --> 00:32:08,560
Speaker 1: times believe Joe Biden will win that state. Um. But

528
00:32:08,600 --> 00:32:10,560
Speaker 1: it's gonna be tough. And it's interesting if we do

529
00:32:10,760 --> 00:32:13,000
Speaker 1: end up pulling off the two point conversion, what actually

530
00:32:13,000 --> 00:32:16,320
Speaker 1: happens in the Senate. I believe the last piets happened.

531
00:32:16,360 --> 00:32:20,960
Speaker 1: Trent lot Um and Um Tom dashall actually came together

532
00:32:21,360 --> 00:32:23,040
Speaker 1: over the course of several weeks to come up with

533
00:32:23,240 --> 00:32:26,520
Speaker 1: rules about leading the Senate. Um. The one thing that's

534
00:32:26,520 --> 00:32:30,400
Speaker 1: really interesting about this, regardless of whether or not Georgia

535
00:32:30,600 --> 00:32:33,840
Speaker 1: UM goes to the Democrats, is how close the Senate

536
00:32:33,880 --> 00:32:36,880
Speaker 1: will be and how narrow the Democratic majority is in

537
00:32:36,920 --> 00:32:39,720
Speaker 1: the House. So Biden has already got his work cut

538
00:32:39,720 --> 00:32:42,120
Speaker 1: out for him. The Speaker has already got her work

539
00:32:42,160 --> 00:32:46,479
Speaker 1: cut out for her. UM. So uh, it seems like

540
00:32:46,560 --> 00:32:48,719
Speaker 1: you should there's nothing to be optimistic about. But in

541
00:32:48,760 --> 00:32:52,400
Speaker 1: my mind, UM, we may be forcing bipartisanship on some

542
00:32:52,480 --> 00:32:55,040
Speaker 1: of these numbers. UM. And for anything to get done,

543
00:32:55,560 --> 00:32:57,400
Speaker 1: anything durable to get done, they're going to have to

544
00:32:57,440 --> 00:33:02,640
Speaker 1: do it in a bipartisan fashion, regardless the outcome of Georgia. UM.

545
00:33:02,720 --> 00:33:04,680
Speaker 1: And you know, that's the first time this has happened

546
00:33:04,680 --> 00:33:06,760
Speaker 1: in a really long time. It will be very interesting

547
00:33:06,800 --> 00:33:10,920
Speaker 1: to watch. UM. And I think businesses, UM should you

548
00:33:11,000 --> 00:33:13,440
Speaker 1: just should maybe think a look at this and UM

549
00:33:13,560 --> 00:33:15,760
Speaker 1: be comforted that people are gonna be forced to come

550
00:33:15,760 --> 00:33:18,640
Speaker 1: together and and and work on solutions some of these

551
00:33:18,640 --> 00:33:22,080
Speaker 1: difficult problems facing our country. I hear you on that point.

552
00:33:22,400 --> 00:33:24,640
Speaker 1: But there's still a difference. And Brendan Buck you know

553
00:33:24,720 --> 00:33:27,720
Speaker 1: this from your time working for former House Speaker Paul Ryan.

554
00:33:27,920 --> 00:33:30,800
Speaker 1: There's still a different I mean two Senate seats. Uh,

555
00:33:30,840 --> 00:33:33,440
Speaker 1: there's a huge difference, right, Brendan. I mean, I get

556
00:33:33,480 --> 00:33:37,360
Speaker 1: I I agree with Christians analysis smart analysis with regards

557
00:33:37,400 --> 00:33:41,920
Speaker 1: to Republicans not having still having a huge voice in

558
00:33:42,000 --> 00:33:45,600
Speaker 1: terms of the Senate. But there's a difference between fifty

559
00:33:45,640 --> 00:33:52,200
Speaker 1: split and spread. Oh huge. UM. And you know, let

560
00:33:52,200 --> 00:33:53,840
Speaker 1: me start off, I think as a Georgia native, I'm

561
00:33:53,920 --> 00:33:56,800
Speaker 1: very excited that Georgia is not a politically relevant state,

562
00:33:56,960 --> 00:33:59,840
Speaker 1: a swing state. I'm glad. We're all giving it its due.

563
00:34:03,560 --> 00:34:06,480
Speaker 1: The northern Atlanta suburbs that just gave Joe Biden the

564
00:34:06,520 --> 00:34:13,040
Speaker 1: state Alpharetta. Actually yeah wow, uh so yeah, Look, I'm

565
00:34:13,160 --> 00:34:16,320
Speaker 1: I'm laser focused on this. I think it's fascinating. Um,

566
00:34:16,400 --> 00:34:20,120
Speaker 1: this should be uh a, both of these races should

567
00:34:20,120 --> 00:34:23,479
Speaker 1: be ones that Republicans can win. You have in ass

568
00:34:23,520 --> 00:34:27,040
Speaker 1: Off and war Knock, two Democrats who are much further

569
00:34:27,120 --> 00:34:29,480
Speaker 1: to the left than Joe Biden. Yes, yes, Joe Biden

570
00:34:29,520 --> 00:34:33,320
Speaker 1: won this state. But these are not Joe Biden Democrats running. Really,

571
00:34:33,360 --> 00:34:35,720
Speaker 1: all the Republicans need to do is sort of replicate

572
00:34:35,760 --> 00:34:38,719
Speaker 1: what they did in election day. Uh David Purdue won

573
00:34:38,840 --> 00:34:41,719
Speaker 1: by three points or so, just do that again and

574
00:34:41,360 --> 00:34:43,200
Speaker 1: and and you're fine, and you've got a you know,

575
00:34:43,239 --> 00:34:46,640
Speaker 1: a decent majority there. The problem is the president. Um,

576
00:34:46,880 --> 00:34:50,080
Speaker 1: you know, he is uh lashed onto Georgia as a

577
00:34:50,120 --> 00:34:52,799
Speaker 1: place where he wants to make the point on voter

578
00:34:52,960 --> 00:34:56,279
Speaker 1: fraud or whatever it is he's claiming. And he has

579
00:34:56,360 --> 00:34:59,880
Speaker 1: really caused the two senators there to jump in that

580
00:35:00,000 --> 00:35:03,359
Speaker 1: pool with him. Yesterday they uh maybe it was two

581
00:35:03,400 --> 00:35:05,880
Speaker 1: days ago, they called on the Secretary of State to resign.

582
00:35:06,520 --> 00:35:09,840
Speaker 1: Crazy stuff like that's just nonsense. There's no no reason

583
00:35:09,880 --> 00:35:13,400
Speaker 1: for that. The election was carried out perfectly in Georgia. Um,

584
00:35:13,400 --> 00:35:16,760
Speaker 1: but he's so obsessed with this, and they know that

585
00:35:17,400 --> 00:35:19,600
Speaker 1: he doesn't really care about the majority. He doesn't care

586
00:35:19,600 --> 00:35:22,040
Speaker 1: about them. If he were to turn on them and

587
00:35:22,040 --> 00:35:24,960
Speaker 1: and and and aim his fire at at those two,

588
00:35:25,080 --> 00:35:27,560
Speaker 1: it could have real consequences on turnout. So I think

589
00:35:27,560 --> 00:35:29,840
Speaker 1: this is a Uh. These are two races that Republicans

590
00:35:29,880 --> 00:35:33,160
Speaker 1: should win based on the character of the state and

591
00:35:33,239 --> 00:35:36,080
Speaker 1: the two Democrats who are running. But as always, Donald

592
00:35:36,120 --> 00:35:39,359
Speaker 1: Trump is the wild card. Brennan, let me follow up

593
00:35:39,360 --> 00:35:43,200
Speaker 1: with you on this point. Do you think Georgia is

594
00:35:43,239 --> 00:35:46,600
Speaker 1: coloring what comments from people like Secretary of State Mike

595
00:35:46,640 --> 00:35:50,240
Speaker 1: Pompeo and and and uh, of course sign A Majority

596
00:35:50,320 --> 00:35:52,680
Speaker 1: Leader Mitch McConnell are making in terms of the tone

597
00:35:52,719 --> 00:35:59,839
Speaker 1: that they're taking with regards to President Trump's not conceding. Yeah.

598
00:35:59,840 --> 00:36:02,879
Speaker 1: I can't explain what Mike Pompey was saying, but generally, yes,

599
00:36:02,920 --> 00:36:04,800
Speaker 1: Republican senators and some of them have even sort of

600
00:36:04,840 --> 00:36:09,160
Speaker 1: acknowledged this. Look, we always talk about what are Republicans

601
00:36:09,160 --> 00:36:11,960
Speaker 1: so afraid of? With the presidents. Here's your example. Here's

602
00:36:12,000 --> 00:36:15,799
Speaker 1: exactly what we're talking about. Republican voters are much more

603
00:36:15,880 --> 00:36:19,680
Speaker 1: loyal to the president than anybody else, any idea at

604
00:36:19,680 --> 00:36:22,759
Speaker 1: this point, certainly any senator at this point. And they

605
00:36:22,800 --> 00:36:26,960
Speaker 1: all know that if they basically upset him and caused

606
00:36:27,000 --> 00:36:30,160
Speaker 1: him to go fly off the handle and turn his

607
00:36:30,200 --> 00:36:33,799
Speaker 1: anger on Republicans in Georgia who aren't doing enough to

608
00:36:33,920 --> 00:36:36,960
Speaker 1: overturn the election, or whatever he comes up with, that

609
00:36:37,000 --> 00:36:38,920
Speaker 1: could really depress turn out. I think it could depress

610
00:36:38,960 --> 00:36:41,320
Speaker 1: It's gonna depress turn out either way. He's basically telling

611
00:36:41,320 --> 00:36:43,040
Speaker 1: people in Georgia, and I've talked a lot of folks

612
00:36:43,040 --> 00:36:46,320
Speaker 1: down there, say this is what Republicans are internalizing, except

613
00:36:46,320 --> 00:36:49,319
Speaker 1: the elections are rigged. Their vote doesn't matter. Democrats are

614
00:36:49,320 --> 00:36:51,439
Speaker 1: going to steal it. When you tell people that enough,

615
00:36:51,560 --> 00:36:54,719
Speaker 1: they're gonna stop voting as much. So you know there's that,

616
00:36:54,800 --> 00:36:57,719
Speaker 1: but they all but the bigger concern is that, and

617
00:36:57,760 --> 00:36:59,480
Speaker 1: I think all of them are saying it. It's going

618
00:36:59,480 --> 00:37:02,200
Speaker 1: to turn turn into a bad thing for the Republicans

619
00:37:02,200 --> 00:37:04,319
Speaker 1: on the ballot. Fascinating, all right, much more coming with

620
00:37:04,360 --> 00:37:06,040
Speaker 1: next for you had to Capitol Hill. I'm Kevin Surly,

621
00:37:06,080 --> 00:37:14,480
Speaker 1: Pndle six around. You're listening to Bloomberg nine and nine one.

622
00:37:19,760 --> 00:37:24,319
Speaker 1: This is Bloomberg Sound On with Kevin Surley on Bloomberg

623
00:37:25,440 --> 00:37:27,839
Speaker 1: and one oh five point seven f M h D two.

624
00:37:28,600 --> 00:37:31,759
Speaker 1: My name is Kevin Currellian the chief Washington correspondent for

625
00:37:31,840 --> 00:37:34,880
Speaker 1: Bloomberg Television and for Bloomberg Radio. And a reminder you

626
00:37:34,920 --> 00:37:39,239
Speaker 1: can catch the masters tomorrow and Friday right here in

627
00:37:39,320 --> 00:37:44,160
Speaker 1: this time slot on Bloomberg one on your radio dial,

628
00:37:44,320 --> 00:37:48,719
Speaker 1: Bloomberg Radio on nine nine one FM. And I have

629
00:37:48,920 --> 00:37:53,080
Speaker 1: off until Tuesday, so I will be back on Tuesday,

630
00:37:53,160 --> 00:37:56,040
Speaker 1: but I'm staying put. You know, I'm doing a staycation.

631
00:37:56,200 --> 00:37:58,680
Speaker 1: You know why I can't go back to Delco with

632
00:37:58,800 --> 00:38:01,520
Speaker 1: the COVID cases surgeony, Okay, I talked to my mom

633
00:38:01,600 --> 00:38:03,560
Speaker 1: back in Dunka today as a mom, we can't do

634
00:38:03,640 --> 00:38:06,960
Speaker 1: Thanksgiving with these with this virus surging. I mean, yes,

635
00:38:07,000 --> 00:38:08,960
Speaker 1: I want to go to Linvilla Orchards and get the

636
00:38:08,960 --> 00:38:12,440
Speaker 1: pumpkin pie and the apple pie just as much as anybody,

637
00:38:12,480 --> 00:38:17,040
Speaker 1: but we gotta respect this virus. So it's Veterans Day,

638
00:38:17,160 --> 00:38:19,959
Speaker 1: and someone from my neck of the woods back home,

639
00:38:20,520 --> 00:38:25,080
Speaker 1: to quote the great Al Roker is Congresswoman Chrissie Houlihan UM.

640
00:38:25,160 --> 00:38:28,000
Speaker 1: She is an Air Force veteran, an engineer, an entrepreneur,

641
00:38:28,080 --> 00:38:30,759
Speaker 1: and an educator UM and we have a lot to

642
00:38:30,800 --> 00:38:34,839
Speaker 1: catch up. She represents Pennsylvania's sixth congressional district, which is

643
00:38:35,000 --> 00:38:39,080
Speaker 1: just neighboring. I want to say, uh, Delaware County and

644
00:38:39,360 --> 00:38:42,960
Speaker 1: if you know Westchester, Pennsylvania, that's where she's from. Congresswoman,

645
00:38:42,960 --> 00:38:44,920
Speaker 1: welcome to the program. Happy Veterans Day, and thank you

646
00:38:44,960 --> 00:38:48,040
Speaker 1: for your service. Thank you. And I will miss Linvilla

647
00:38:48,160 --> 00:38:50,960
Speaker 1: Orchards as well. And and my district is Chessco. So

648
00:38:51,160 --> 00:38:53,279
Speaker 1: it's nice to be on the program with somebody who

649
00:38:53,400 --> 00:38:55,880
Speaker 1: understands where I'm from. Okay, I have to say the

650
00:38:55,880 --> 00:38:59,480
Speaker 1: fact that you know Linville Linvilla Orchards is do you

651
00:38:59,520 --> 00:39:03,919
Speaker 1: ever have the the apple taffy? Absolutely? Absolutely, It's it's

652
00:39:03,920 --> 00:39:06,960
Speaker 1: a family tradition to go uh and I will miss

653
00:39:07,000 --> 00:39:09,759
Speaker 1: it definitely this year. And I'm glad that you are

654
00:39:09,800 --> 00:39:12,319
Speaker 1: respecting the virus. I think that's really important for all

655
00:39:12,400 --> 00:39:14,759
Speaker 1: of us to do. I appreciate that. Okay, let's I

656
00:39:14,800 --> 00:39:16,560
Speaker 1: want to talk to you about all the incredible work

657
00:39:16,560 --> 00:39:20,279
Speaker 1: that you've done on this bipartisan bill that combats veterans suicide.

658
00:39:20,719 --> 00:39:24,000
Speaker 1: But I do want to ask you quickly about fiscal stimulus,

659
00:39:24,000 --> 00:39:26,480
Speaker 1: because that is on the minds of so many Americans,

660
00:39:26,560 --> 00:39:30,760
Speaker 1: especially as this calendar year winds down and the COVID

661
00:39:30,840 --> 00:39:35,280
Speaker 1: nineteen cases uptake, and in addition to that, states across

662
00:39:35,320 --> 00:39:38,839
Speaker 1: the country are having to make some difficult decisions about

663
00:39:38,880 --> 00:39:42,200
Speaker 1: having some more restrictions. Are you confident, Congresswoman that there

664
00:39:42,239 --> 00:39:47,680
Speaker 1: could be a lame duck fiscal stimulus deal? So I'm

665
00:39:47,680 --> 00:39:50,560
Speaker 1: really glad that you're asking that question. I am. I

666
00:39:50,560 --> 00:39:53,600
Speaker 1: would never say I'm confident about much in Washington. I'm

667
00:39:53,600 --> 00:39:56,040
Speaker 1: a freshman, so I have only about twenty or so

668
00:39:56,160 --> 00:39:58,759
Speaker 1: months of experience that my experience is that this is

669
00:39:58,840 --> 00:40:01,880
Speaker 1: always up for grabs until it's done. Um. But what

670
00:40:01,920 --> 00:40:05,000
Speaker 1: I would say is that I am heartened to hear

671
00:40:05,400 --> 00:40:07,960
Speaker 1: both the House and the Senate, and of course the

672
00:40:08,000 --> 00:40:11,719
Speaker 1: President himself, having at various points in time, said that

673
00:40:11,800 --> 00:40:14,560
Speaker 1: this is important. And I'm hopeful that during the lame

674
00:40:14,680 --> 00:40:17,120
Speaker 1: duck that everybody will, you know, kind of get over

675
00:40:17,200 --> 00:40:19,960
Speaker 1: all of what we need to get over and recognize

676
00:40:20,000 --> 00:40:22,520
Speaker 1: that the people in our communities and in our Commonwealth

677
00:40:22,520 --> 00:40:25,400
Speaker 1: of Pennsylvania and in this country really, as you mentioned,

678
00:40:25,400 --> 00:40:29,040
Speaker 1: need the support of the federal government, and as you mentioned,

679
00:40:29,120 --> 00:40:33,000
Speaker 1: particularly state and uh kind of local municipalities are really

680
00:40:33,080 --> 00:40:37,040
Speaker 1: under a lot of pressure as the virus increases in

681
00:40:37,040 --> 00:40:40,759
Speaker 1: in um frequency and as their conference have become uh

682
00:40:41,040 --> 00:40:44,640
Speaker 1: you know, uh more empty over time. So I am very,

683
00:40:44,719 --> 00:40:47,000
Speaker 1: very hopeful that things like the Heroes Act or the

684
00:40:47,040 --> 00:40:50,239
Speaker 1: subsequent kind of heroes to point oh will become the

685
00:40:50,320 --> 00:40:53,560
Speaker 1: subject of the conversation once again. It's going to be remarkable,

686
00:40:53,600 --> 00:40:57,040
Speaker 1: I mean, and so many it's the markets in addition

687
00:40:57,120 --> 00:40:59,120
Speaker 1: to that, I mean, we always talking about the markets,

688
00:40:59,120 --> 00:41:01,319
Speaker 1: but the markets are are trying to figure out the

689
00:41:01,360 --> 00:41:02,920
Speaker 1: timing of this and whether or not it's going to

690
00:41:03,000 --> 00:41:07,239
Speaker 1: be after President electro Biden sworn in on January, if

691
00:41:07,239 --> 00:41:10,120
Speaker 1: there would be another round and just a final follow

692
00:41:10,200 --> 00:41:12,040
Speaker 1: up on this point, or do you think that that

693
00:41:12,160 --> 00:41:15,040
Speaker 1: could be in the cards where once Biden's sworn in,

694
00:41:15,480 --> 00:41:18,239
Speaker 1: that another round of stimulus could come even before the

695
00:41:18,320 --> 00:41:22,560
Speaker 1: vaccine the vaccine is in the full marketplace. Well, I mean,

696
00:41:22,600 --> 00:41:24,480
Speaker 1: I hope that we don't have to wait as long

697
00:41:24,520 --> 00:41:26,879
Speaker 1: as January or sort of know the answer to that,

698
00:41:26,960 --> 00:41:29,719
Speaker 1: because I don't think that the American people should have

699
00:41:29,800 --> 00:41:32,920
Speaker 1: to wait that long. Um, it's been six or seven

700
00:41:32,920 --> 00:41:35,399
Speaker 1: months since the very First Year's Act was passed, which

701
00:41:35,400 --> 00:41:38,319
Speaker 1: would have been the third stimulus bill. And UH, in

702
00:41:38,360 --> 00:41:40,960
Speaker 1: those six or seven months, I've heard from my part

703
00:41:41,040 --> 00:41:43,920
Speaker 1: of you know, Pennsylvania is purple, it's you know, Red's

704
00:41:44,040 --> 00:41:46,800
Speaker 1: counties and blue counties, and both of them are asking

705
00:41:46,840 --> 00:41:49,879
Speaker 1: for this stimulus help. UH. And my community is full

706
00:41:49,920 --> 00:41:52,600
Speaker 1: of small and mid sized businesses and individuals who are

707
00:41:52,640 --> 00:41:55,840
Speaker 1: really struggling, and they, you know, they can't wait till January.

708
00:41:55,920 --> 00:41:57,680
Speaker 1: So I sure hope we don't have to wait for

709
00:41:57,760 --> 00:42:00,400
Speaker 1: whatever administration we're waiting for, which, of course I believe

710
00:42:00,480 --> 00:42:03,400
Speaker 1: to be a Biden administration. Okay, you were sponsored on

711
00:42:03,400 --> 00:42:07,799
Speaker 1: a bill that just got into law, signed into law. Uh,

712
00:42:07,800 --> 00:42:13,000
Speaker 1: and it Uh, it's a it really helps combat veteran

713
00:42:13,040 --> 00:42:17,040
Speaker 1: suicide and this epidemic, this this other epidemic, the veteran

714
00:42:17,120 --> 00:42:20,680
Speaker 1: suicide epidemic. Today is Veteran's Day, as we all know.

715
00:42:21,400 --> 00:42:24,040
Speaker 1: And tell me about what this law will do and

716
00:42:24,080 --> 00:42:27,960
Speaker 1: what else still needs to be done. Yes, I'm a

717
00:42:28,040 --> 00:42:30,400
Speaker 1: I'm a veteran, and I come from a military family

718
00:42:30,440 --> 00:42:33,239
Speaker 1: and have active duty cousins right now as well so

719
00:42:33,280 --> 00:42:35,799
Speaker 1: this is kind of personal to me, and mental health

720
00:42:35,920 --> 00:42:38,480
Speaker 1: at large is very important, not just for the veteran

721
00:42:38,520 --> 00:42:42,560
Speaker 1: population but for the country at large. But we definitely

722
00:42:42,560 --> 00:42:44,920
Speaker 1: have an issue with our veterans who are increasingly more

723
00:42:44,960 --> 00:42:48,279
Speaker 1: and more likely to take their lives by suicide. And

724
00:42:48,320 --> 00:42:52,000
Speaker 1: so this particular piece of legislation is called the Improved Act.

725
00:42:52,480 --> 00:42:56,640
Speaker 1: And I worked with actually another freshman, General Bergman, who

726
00:42:56,719 --> 00:42:59,760
Speaker 1: has not a freshman to life, but a freshman to Congress,

727
00:42:59,840 --> 00:43:02,600
Speaker 1: on the Republican side, and we together put forward Diversion

728
00:43:02,600 --> 00:43:04,960
Speaker 1: on the House side, and then there was a companion

729
00:43:05,000 --> 00:43:08,399
Speaker 1: bill on the Senate side. And this bill basically recognizes

730
00:43:08,440 --> 00:43:12,000
Speaker 1: that not all veterans are able to easily access the

731
00:43:12,080 --> 00:43:14,759
Speaker 1: v A or are comfortable accessing the d A when

732
00:43:14,760 --> 00:43:18,160
Speaker 1: they are at these really critical inflection points in their lives.

733
00:43:18,200 --> 00:43:21,320
Speaker 1: And it provides opportunities for community based support, you know,

734
00:43:21,400 --> 00:43:23,279
Speaker 1: kind of a warm handoff to the v A s

735
00:43:23,320 --> 00:43:26,080
Speaker 1: as well, to make sure that we try to address

736
00:43:26,080 --> 00:43:30,960
Speaker 1: the fact that unfortunately the veteran suicide rate is going up, uh,

737
00:43:30,960 --> 00:43:33,920
Speaker 1: and we haven't figured out a way to be helpful.

738
00:43:34,280 --> 00:43:36,520
Speaker 1: This is a hopeful way to be more helpful through

739
00:43:36,560 --> 00:43:39,960
Speaker 1: our community based programs. Okay, So this is so incredibly

740
00:43:40,000 --> 00:43:45,359
Speaker 1: important as this veteran suicide rate increases what can be

741
00:43:45,440 --> 00:43:49,839
Speaker 1: done to support the brave men and women who serve

742
00:43:50,040 --> 00:43:56,399
Speaker 1: when they come back two allow them to transition back

743
00:43:56,400 --> 00:43:59,799
Speaker 1: into civilian life, but also keeps up with them and

744
00:44:00,000 --> 00:44:05,640
Speaker 1: supports them in a way that destigmatizes, uh, dis incredibly

745
00:44:05,719 --> 00:44:10,279
Speaker 1: incredibly nuanced issue. Well, you know right now, what we're

746
00:44:10,360 --> 00:44:12,399
Speaker 1: doing together is part of what we can do, which

747
00:44:12,440 --> 00:44:15,719
Speaker 1: is having conversations that say it is literally okay to

748
00:44:15,840 --> 00:44:18,719
Speaker 1: not be okay, you know, to be able to articulate

749
00:44:18,960 --> 00:44:22,000
Speaker 1: to whomever is listening out there, that's okay if you're

750
00:44:22,000 --> 00:44:24,600
Speaker 1: not feeling okay, uh, and that this is not a

751
00:44:24,640 --> 00:44:26,960
Speaker 1: stigma and that we should be just like if you

752
00:44:27,000 --> 00:44:30,040
Speaker 1: have any other medical issue seeking help, if you feel, uh,

753
00:44:30,200 --> 00:44:32,120
Speaker 1: you know that you need to talk to somebody, you

754
00:44:32,120 --> 00:44:34,879
Speaker 1: should Another way that we're working on that is being

755
00:44:34,880 --> 00:44:37,080
Speaker 1: able to find people where they are. And so a

756
00:44:37,080 --> 00:44:40,920
Speaker 1: great example of that is that I'm a I'm a woman. Obviously,

757
00:44:40,920 --> 00:44:43,839
Speaker 1: in a veteran women tend to not feel quite as

758
00:44:43,840 --> 00:44:46,680
Speaker 1: welcome in d A systems as as men do, and

759
00:44:46,719 --> 00:44:50,000
Speaker 1: they are twice as likely as civilian women to commit suicide.

760
00:44:50,320 --> 00:44:53,600
Speaker 1: And so one program that we have also gotten successfully

761
00:44:54,160 --> 00:44:58,640
Speaker 1: into funding and very shortly into law is about allowing

762
00:44:58,640 --> 00:45:01,680
Speaker 1: a transition program for women as they exit the military

763
00:45:01,719 --> 00:45:04,680
Speaker 1: to get a training for lack of a better word,

764
00:45:04,719 --> 00:45:06,920
Speaker 1: to tell them about their opportunities and options in the

765
00:45:07,040 --> 00:45:09,200
Speaker 1: v A so that hopefully they'll be able to access

766
00:45:09,239 --> 00:45:13,560
Speaker 1: that care and if they are having problems with suicidal ideations,

767
00:45:13,600 --> 00:45:15,920
Speaker 1: so they're able to get the help they need. Congressman

768
00:45:15,960 --> 00:45:18,960
Speaker 1: Christie cooliands With, a Democrat from Pennsylvania's sixth congressional district,

769
00:45:19,000 --> 00:45:21,560
Speaker 1: a veteran UH and one of the sponsors on a

770
00:45:21,600 --> 00:45:24,640
Speaker 1: bill that was signed into law to help combat veterans suicide.

771
00:45:24,920 --> 00:45:26,200
Speaker 1: You know, I want to follow up at the point

772
00:45:26,200 --> 00:45:28,279
Speaker 1: that you just made, which is meeting people where they are.

773
00:45:28,600 --> 00:45:30,080
Speaker 1: And I wish I had more time when we have

774
00:45:30,239 --> 00:45:33,239
Speaker 1: just under two minutes left, Congresswoman, but meeting people where

775
00:45:33,239 --> 00:45:36,200
Speaker 1: they are, I'm sure we're going to hear from dog

776
00:45:36,239 --> 00:45:39,200
Speaker 1: Tag Bakery coming up in the program, just an incredible

777
00:45:39,320 --> 00:45:43,200
Speaker 1: financial literacy program for veterans once they come back. I

778
00:45:43,239 --> 00:45:46,319
Speaker 1: want to give you the opportunity to to highlight in Spotlight,

779
00:45:46,680 --> 00:45:50,040
Speaker 1: an organization that helps veterans and meets them where they are,

780
00:45:50,160 --> 00:45:54,480
Speaker 1: whether it's a gym, whether it's a horseback farm for example.

781
00:45:54,960 --> 00:45:58,040
Speaker 1: There are so many incredible organizations that really meet veterans

782
00:45:58,040 --> 00:46:00,919
Speaker 1: where they are. And I'm wondering what comes to mind

783
00:46:00,920 --> 00:46:03,960
Speaker 1: for you. Well, you know, you kind of caught me

784
00:46:04,000 --> 00:46:05,719
Speaker 1: off guard, but let me share me. He's something that

785
00:46:05,800 --> 00:46:08,080
Speaker 1: my parents do. I mentioned that my dad is a

786
00:46:08,239 --> 00:46:11,239
Speaker 1: that he served thirty or so years in the Navy,

787
00:46:11,320 --> 00:46:14,080
Speaker 1: and my mom and my dad, you know, together served

788
00:46:14,120 --> 00:46:16,719
Speaker 1: a career. Because you know that the that the spouses

789
00:46:16,760 --> 00:46:19,560
Speaker 1: and family members serve as well, and in their in

790
00:46:19,600 --> 00:46:22,719
Speaker 1: their retirement, they actually raised seeing eye dog puppies but

791
00:46:22,880 --> 00:46:25,920
Speaker 1: also can be used to be service dogs as well.

792
00:46:26,360 --> 00:46:29,680
Speaker 1: And so meeting a veteran where they are maybe something

793
00:46:29,680 --> 00:46:32,200
Speaker 1: as simple as providing a companion for them that's able

794
00:46:32,239 --> 00:46:35,200
Speaker 1: to do tasks with them, are able to be empathic,

795
00:46:35,360 --> 00:46:37,920
Speaker 1: you know, to them and know when their stressed and struggling.

796
00:46:38,320 --> 00:46:40,399
Speaker 1: And so my parents are now in the ninth dog.

797
00:46:40,480 --> 00:46:43,920
Speaker 1: I think that they have had raised from puppyhood into

798
00:46:44,000 --> 00:46:46,759
Speaker 1: being able to graduate to be helpful UH in in

799
00:46:46,960 --> 00:46:51,040
Speaker 1: UH with veterans or with those who are have sight impairments.

800
00:46:51,360 --> 00:46:56,960
Speaker 1: I love that Congressman Chrissie hold Ahead, Democrat from Chessco.

801
00:46:58,160 --> 00:47:00,960
Speaker 1: Thank you, and knows Linvilla or Church go Eagles. We're

802
00:47:00,960 --> 00:47:04,600
Speaker 1: gonna be at the Giants, Congresswoman this weekend. I appreciate

803
00:47:04,640 --> 00:47:08,200
Speaker 1: that much more. Coming up next, I'm Kevin Sireli, Chief

804
00:47:08,239 --> 00:47:18,040
Speaker 1: Washington correspondent. You're listening to Bloomberg One. You're listening to

805
00:47:18,160 --> 00:47:22,759
Speaker 1: Bloomberg Sound On with Kevin Sirel on Bloomberg and one

806
00:47:22,800 --> 00:47:25,680
Speaker 1: Old five point seven a m h D two. I'm

807
00:47:25,760 --> 00:47:29,400
Speaker 1: Kevin Sirelli, Chief Washington correspondent for Bloomberg Television and for

808
00:47:29,440 --> 00:47:31,920
Speaker 1: Bloomberg Radio. It's time now for my favorite part of

809
00:47:31,920 --> 00:47:34,480
Speaker 1: the program. What is on the panel's radar? Kristin Han,

810
00:47:34,800 --> 00:47:38,560
Speaker 1: Democratic strategist partner Congrats on the Promotion partner at Rock

811
00:47:38,760 --> 00:47:42,880
Speaker 1: Solutions and former Blue Dog Coalition communications director and Brendon

812
00:47:42,920 --> 00:47:45,320
Speaker 1: Buck partner at seven Letter, and former spokesman and advisor

813
00:47:45,680 --> 00:47:49,080
Speaker 1: to Paul Ryan how speaker Paul Ryan Uh, Kristen, what's

814
00:47:49,080 --> 00:47:52,719
Speaker 1: on your radar? So we kind of covered that a

815
00:47:52,719 --> 00:47:55,960
Speaker 1: little bit with I'm really just interested to see with

816
00:47:56,239 --> 00:48:00,000
Speaker 1: um what happens in the House Democratic Caucus for speaking

817
00:48:00,000 --> 00:48:02,520
Speaker 1: about politics. It's going to be a really interesting time

818
00:48:02,560 --> 00:48:06,280
Speaker 1: for our party going forward and how we legislate UM

819
00:48:06,280 --> 00:48:08,680
Speaker 1: with a Biden president. But what I do want to

820
00:48:08,719 --> 00:48:11,720
Speaker 1: really highlight I work with an organization since the Veterans

821
00:48:11,800 --> 00:48:16,960
Speaker 1: Day UM, Iraq and Afghanistan Veterans of America. They're a nonpartisan,

822
00:48:17,120 --> 00:48:21,640
Speaker 1: excellent organization, and this year they just launched a program

823
00:48:21,960 --> 00:48:24,480
Speaker 1: UM that I've been helping to promote. It's called the

824
00:48:24,560 --> 00:48:28,000
Speaker 1: Quick Reaction Force. And the Commerceman was talking about veterans

825
00:48:28,040 --> 00:48:32,440
Speaker 1: suicide being such an epidemic. It's such a problem in

826
00:48:32,480 --> 00:48:38,479
Speaker 1: this country, and this organization has UM people on call

827
00:48:38,680 --> 00:48:42,160
Speaker 1: twenty four seven for veterans and their families to help

828
00:48:42,200 --> 00:48:46,320
Speaker 1: with any number of things UM that lead to UH

829
00:48:46,400 --> 00:48:49,160
Speaker 1: these high rates of veterans suicide. So I really just

830
00:48:49,200 --> 00:48:51,839
Speaker 1: want to highlight them the great work that they do

831
00:48:51,920 --> 00:48:55,600
Speaker 1: with their CEO, Jeremy Butler. UM. Anybody who needs help

832
00:48:55,680 --> 00:49:00,320
Speaker 1: can go online to Quick Reaction Force dot org and

833
00:49:00,320 --> 00:49:03,520
Speaker 1: and UM they can get you the help that you need. UM.

834
00:49:03,560 --> 00:49:06,040
Speaker 1: And if you're looking for somewhere, your listeners are looking

835
00:49:06,080 --> 00:49:08,640
Speaker 1: for somewhere, something to do, somewhere to contribute or len

836
00:49:08,680 --> 00:49:11,880
Speaker 1: the hand UM to veterans in need across this country.

837
00:49:11,960 --> 00:49:15,080
Speaker 1: I v a dot org. It's such a great organization,

838
00:49:15,239 --> 00:49:19,600
Speaker 1: so that a all day today. It's an amazing organization.

839
00:49:19,680 --> 00:49:22,759
Speaker 1: Thanks for that, Christen. Okay, Brandon buck puts on your radar. Well,

840
00:49:22,760 --> 00:49:24,640
Speaker 1: I don't have anything nearly as noble as that, so

841
00:49:24,719 --> 00:49:29,760
Speaker 1: I apologize. No, uh, you know, I I'm obviously interested

842
00:49:29,800 --> 00:49:32,360
Speaker 1: in in the future of the Republican Party as somebody

843
00:49:32,400 --> 00:49:37,359
Speaker 1: who's been I'm disappointed in the yeah in the last

844
00:49:37,400 --> 00:49:39,279
Speaker 1: four years. So I'm keeping an eye on the R

845
00:49:39,360 --> 00:49:42,400
Speaker 1: and C. And there's a lot of rumbling about Trump

846
00:49:42,440 --> 00:49:46,520
Speaker 1: figures trying to insert themselves into the party infrastructure so

847
00:49:46,560 --> 00:49:50,600
Speaker 1: that there is a lasting foothold for the future. Rono

848
00:49:50,680 --> 00:49:53,239
Speaker 1: McDaniel's term is up in January, and I'm really going

849
00:49:53,280 --> 00:49:55,759
Speaker 1: to be interested to see what that looks like, what

850
00:49:55,840 --> 00:49:58,160
Speaker 1: kind of personnel are put in place over there, and

851
00:49:58,280 --> 00:50:02,239
Speaker 1: whether the family is really moving in. Who decides who's

852
00:50:02,280 --> 00:50:06,319
Speaker 1: the chair of the RNC, members of the committee, and

853
00:50:06,360 --> 00:50:14,520
Speaker 1: who's on the committee. Yeah, often times they're there their

854
00:50:14,760 --> 00:50:21,840
Speaker 1: donors or organizers, local um, local officials, sometimes just people

855
00:50:21,840 --> 00:50:25,640
Speaker 1: who have had long been involved in party politics locally. Typically,

856
00:50:26,040 --> 00:50:29,080
Speaker 1: So does President Trump have better sway over the committee?

857
00:50:29,160 --> 00:50:32,160
Speaker 1: Or do other forces that better sway over the committee. Well,

858
00:50:32,160 --> 00:50:34,480
Speaker 1: I think he has a lot of sway over everything

859
00:50:34,480 --> 00:50:36,080
Speaker 1: in the party right now. So I think if he

860
00:50:36,120 --> 00:50:38,480
Speaker 1: if he worked way in on on that, I think

861
00:50:38,640 --> 00:50:39,960
Speaker 1: he would have a lot of sway. I don't I

862
00:50:40,000 --> 00:50:43,280
Speaker 1: don't know that. Um, you know a family member themselves

863
00:50:43,280 --> 00:50:45,319
Speaker 1: actually want to want the role that I wouldn't be

864
00:50:45,360 --> 00:50:47,919
Speaker 1: surprised if if they made a run for it. Yeah,

865
00:50:47,920 --> 00:50:50,040
Speaker 1: it's going to be to get a member of the

866
00:50:50,280 --> 00:50:53,439
Speaker 1: committee to be um, to be the chair. But uh,

867
00:50:53,680 --> 00:50:57,319
Speaker 1: those things can be handled. What do you mean so again,

868
00:50:57,360 --> 00:50:59,160
Speaker 1: I'm not I'm not trying to to take I mean

869
00:50:59,400 --> 00:51:01,359
Speaker 1: from a pros standpoint when you say that they can

870
00:51:01,360 --> 00:51:04,160
Speaker 1: be handled, that that isn't a hard set rule, is

871
00:51:04,200 --> 00:51:08,000
Speaker 1: what you're saying. Somebody can always be replaced as a

872
00:51:08,040 --> 00:51:12,400
Speaker 1: member of the committee. Okay, it's fascinating, fascinating, um, and

873
00:51:12,480 --> 00:51:17,200
Speaker 1: so much too uh to see on that front. Okay,

874
00:51:17,320 --> 00:51:21,560
Speaker 1: here's what's on my radar panel. Uh, dog Tag Bakery.

875
00:51:21,680 --> 00:51:25,560
Speaker 1: So get this. So I my friend's Tammy calls me

876
00:51:25,640 --> 00:51:27,879
Speaker 1: up today and goes Kevin go to dog Tech. I say,

877
00:51:27,880 --> 00:51:30,080
Speaker 1: I'm always a dog Tag. Get my coffee. Uh, and

878
00:51:30,120 --> 00:51:33,719
Speaker 1: Georgetown and and I said, but today's raining, and she goes, well,

879
00:51:33,840 --> 00:51:35,919
Speaker 1: Vice president of Lek Kamala Harris is a dog Tag

880
00:51:35,920 --> 00:51:39,840
Speaker 1: Bakery over in Georgetown, and I said, the one time,

881
00:51:39,880 --> 00:51:43,319
Speaker 1: I'm not there. Uh. And if you don't know, I've

882
00:51:43,320 --> 00:51:47,000
Speaker 1: talked about it before, but dog Tag Bakery is partnered

883
00:51:47,120 --> 00:51:51,239
Speaker 1: with Georgetown University and what they do is incredible work.

884
00:51:51,320 --> 00:51:56,680
Speaker 1: They have a program for financial literacy for UH veterans

885
00:51:56,719 --> 00:52:02,759
Speaker 1: and their families to work, take business courses, entrepreneurial classes,

886
00:52:03,440 --> 00:52:07,440
Speaker 1: as well as training in this incredibly awesome cafe environment.

887
00:52:07,480 --> 00:52:10,000
Speaker 1: It's not just a bakery. They have incredible cakes and whatnot,

888
00:52:10,040 --> 00:52:12,600
Speaker 1: but they also have sandwiches and breakfast sandwiches and everything,

889
00:52:12,920 --> 00:52:16,640
Speaker 1: and it's a way to transition veterans to start some

890
00:52:16,760 --> 00:52:20,040
Speaker 1: small businesses of their own. UM. I have been just

891
00:52:20,160 --> 00:52:22,759
Speaker 1: completely blown away and inspired by the work that they do.

892
00:52:23,239 --> 00:52:26,040
Speaker 1: Whether you know people some of their graduates of this

893
00:52:26,080 --> 00:52:30,440
Speaker 1: program that have done that, they've done this have made

894
00:52:30,640 --> 00:52:35,480
Speaker 1: everything from farming to honey to hot sauces. I mean,

895
00:52:35,480 --> 00:52:37,719
Speaker 1: it's really really incredible, and then they go on to

896
00:52:37,719 --> 00:52:42,000
Speaker 1: sell them at stores all over the country. It's also,

897
00:52:42,040 --> 00:52:45,200
Speaker 1: of course the site where now President Electjoe Biden met

898
00:52:45,239 --> 00:52:48,640
Speaker 1: with Barack Obama for the first time together since they

899
00:52:48,680 --> 00:52:51,160
Speaker 1: had left office in a social setting a couple of

900
00:52:51,200 --> 00:52:53,080
Speaker 1: months ago. It might not have been the first time together,

901
00:52:53,120 --> 00:52:56,279
Speaker 1: but it was a notable meeting UM ahead of Biden's run.

902
00:52:56,800 --> 00:52:59,600
Speaker 1: And uh, the vice president elect was there today. So

903
00:52:59,719 --> 00:53:03,240
Speaker 1: Meg in Ogilvy's here, she's the CEO of dog Tag. Megan,

904
00:53:04,080 --> 00:53:10,400
Speaker 1: what the vice president elect order? Um? So she ordered

905
00:53:10,640 --> 00:53:14,560
Speaker 1: four cupcakes, to chocolate and to vanilla, a lock and

906
00:53:14,600 --> 00:53:19,600
Speaker 1: then just a regular coffee. Okay, but I don't know,

907
00:53:19,840 --> 00:53:22,440
Speaker 1: Actually I should double check. UM, I don't know what

908
00:53:22,480 --> 00:53:24,759
Speaker 1: kind of milk, but yeah, find out the type of milk.

909
00:53:25,800 --> 00:53:27,640
Speaker 1: You know, we're not free bakery, so it had to

910
00:53:27,680 --> 00:53:29,960
Speaker 1: be you know, one of an oat milk or a

911
00:53:29,960 --> 00:53:33,560
Speaker 1: little fashioned milk. Okay. So why why do you think

912
00:53:33,560 --> 00:53:37,279
Speaker 1: she went there today? I mean all kidding aside. Um,

913
00:53:37,320 --> 00:53:40,200
Speaker 1: you know, we've had this current administration reach out and

914
00:53:40,440 --> 00:53:43,800
Speaker 1: UM and now you know, you know, m Vice President elect.

915
00:53:44,040 --> 00:53:47,239
Speaker 1: UM shall up to say. I think we're a nonpartisan.

916
00:53:47,400 --> 00:53:50,520
Speaker 1: I think everyone in this country understands the value of

917
00:53:51,120 --> 00:53:53,759
Speaker 1: the one percent that served UM. And I don't think

918
00:53:53,800 --> 00:53:58,000
Speaker 1: this is a political discussion. Um, again we are we

919
00:53:58,160 --> 00:53:59,839
Speaker 1: You know, you can come to the bakery, you can

920
00:54:00,080 --> 00:54:02,799
Speaker 1: our alumni, you can hear the stories of those that

921
00:54:02,840 --> 00:54:05,200
Speaker 1: come through our program to redefine what purpose now means

922
00:54:05,200 --> 00:54:08,719
Speaker 1: is they're transitioning out. How do you redefine success? Um?

923
00:54:08,719 --> 00:54:10,360
Speaker 1: And how do you go through this culture humility of

924
00:54:10,360 --> 00:54:13,240
Speaker 1: recognizing you're going from the military life now the civilian world.

925
00:54:13,560 --> 00:54:16,960
Speaker 1: And and it's really this challenge and as that's fortunate

926
00:54:17,000 --> 00:54:19,080
Speaker 1: to be protected by the one percent, you know, we

927
00:54:19,120 --> 00:54:21,600
Speaker 1: have this opportunity to serve. So you know, I think

928
00:54:21,600 --> 00:54:23,759
Speaker 1: our our organization just like a lot of other non

929
00:54:23,880 --> 00:54:27,240
Speaker 1: better organizations. UM. You know, we're a place of hope

930
00:54:27,360 --> 00:54:30,439
Speaker 1: or a place of empowerment um. And that's something that

931
00:54:30,480 --> 00:54:32,440
Speaker 1: you know, both sides of the aisle can agree on

932
00:54:32,480 --> 00:54:35,280
Speaker 1: and want to support. And so we're just exceptionally grateful

933
00:54:35,520 --> 00:54:38,640
Speaker 1: um that you know, all the administrations across the board

934
00:54:38,640 --> 00:54:41,399
Speaker 1: of mad effort to come and visit and learn who's

935
00:54:41,400 --> 00:54:43,600
Speaker 1: in our program and what we do. How has COVID

936
00:54:43,680 --> 00:54:47,360
Speaker 1: nineteen and um, the I just got you know, I

937
00:54:47,360 --> 00:54:50,040
Speaker 1: know you guys are having your your upcoming graduation ceremony

938
00:54:50,120 --> 00:54:52,640
Speaker 1: via zoom for example, but how have you guys had

939
00:54:52,680 --> 00:54:54,920
Speaker 1: to rework in the wake of the pandemic and how

940
00:54:54,920 --> 00:54:58,120
Speaker 1: have you been impacted by it? We went an in

941
00:54:58,200 --> 00:55:01,040
Speaker 1: person fellowship. It's a five for five months twice a year,

942
00:55:01,320 --> 00:55:04,000
Speaker 1: fifteen fellows in person, a classroom that sits right about

943
00:55:04,000 --> 00:55:06,880
Speaker 1: the bakery. We have George hamp professors you know, teach

944
00:55:06,920 --> 00:55:09,520
Speaker 1: six courses of you know, six hours a week. We

945
00:55:09,560 --> 00:55:12,440
Speaker 1: have rotations within our organization. We have guest speakers come

946
00:55:12,480 --> 00:55:14,759
Speaker 1: in UM and now we had a pivot that within

947
00:55:14,840 --> 00:55:17,840
Speaker 1: one week to be completely virtual UM. And then the

948
00:55:17,880 --> 00:55:20,719
Speaker 1: bakery itself, you know, within about fifteen to sixteen days

949
00:55:20,760 --> 00:55:23,640
Speaker 1: went from operating to shutting down UM and we were

950
00:55:23,640 --> 00:55:25,919
Speaker 1: down for two months and so UM. You know, Shad

951
00:55:25,960 --> 00:55:28,279
Speaker 1: this for small businesses to his nonprofit. But you know,

952
00:55:28,320 --> 00:55:30,520
Speaker 1: the fact the matter is is that you have to innovate,

953
00:55:30,760 --> 00:55:32,719
Speaker 1: you know, you have to find a way to push through.

954
00:55:32,840 --> 00:55:35,080
Speaker 1: So we've you know, we've had our program pushed to

955
00:55:35,080 --> 00:55:37,520
Speaker 1: become one humpertand virtual. And when you look at the

956
00:55:37,680 --> 00:55:39,720
Speaker 1: you know, demographic we serve a veterans that have service

957
00:55:39,719 --> 00:55:43,120
Speaker 1: connected disabilities and military spaces and military caregivers. The communities,

958
00:55:43,239 --> 00:55:46,520
Speaker 1: issues of transition, our isolation and lack of community and

959
00:55:46,520 --> 00:55:48,600
Speaker 1: and that's really driven by the lack of purpose. You know,

960
00:55:48,680 --> 00:55:50,640
Speaker 1: you you serve your country and you volunteer for that,

961
00:55:50,680 --> 00:55:52,800
Speaker 1: whether it's home and abroad, and now you're out and

962
00:55:53,040 --> 00:55:54,759
Speaker 1: you know you're not in the same uh, you know,

963
00:55:55,040 --> 00:55:58,000
Speaker 1: military community. And so you know, COVID has challenged us,

964
00:55:58,000 --> 00:56:00,319
Speaker 1: but we realized the need for connectivity is even leader.

965
00:56:00,560 --> 00:56:04,080
Speaker 1: Our program is still having a similar impact differently, um

966
00:56:04,120 --> 00:56:06,239
Speaker 1: and I think for our bakeries procects. I mean, it's

967
00:56:06,280 --> 00:56:08,799
Speaker 1: forced us to pivot to be online heavy. You know,

968
00:56:08,840 --> 00:56:11,040
Speaker 1: we've innovated, We learned how to ship cakes, We've learned

969
00:56:11,080 --> 00:56:13,239
Speaker 1: how to you know, we now send sticky buns and

970
00:56:13,680 --> 00:56:16,080
Speaker 1: simon rolls, and we're now you know, building out our

971
00:56:16,120 --> 00:56:19,920
Speaker 1: online platform and a big holiday basket push. So like

972
00:56:20,000 --> 00:56:22,840
Speaker 1: every other organization in small business, we're innovating because we

973
00:56:22,880 --> 00:56:25,200
Speaker 1: have to. And our community that were so fortunately be

974
00:56:25,200 --> 00:56:28,360
Speaker 1: part of the support of that. Megan Ogilvy, the CEO

975
00:56:28,440 --> 00:56:30,120
Speaker 1: of Dr Tight Bakery, thank you so much for calling

976
00:56:30,160 --> 00:56:33,480
Speaker 1: in Happy Veterans Day, Megan, appreciate all the work the

977
00:56:33,640 --> 00:56:36,640
Speaker 1: organizations like that to all around this country. Thank you

978
00:56:36,680 --> 00:56:39,000
Speaker 1: to the panel, thank you to the lawmakers, Thank you

979
00:56:39,040 --> 00:56:42,040
Speaker 1: to John authors. I'm Kevin Serelli. This is Bloomberg one,