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Speaker 1: Why from our nation's cale, this budget thing is going

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Speaker 1: to do nothing space forts. I still think it's interesting

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Speaker 1: President Trump not playing his cards yet. Headlines Policy and

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Speaker 1: politics colliding Floomberg Sound On, The Insiders, the influencers, the insides.

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Speaker 1: I would rather see a congressional solution. It's part of

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Speaker 1: my DNA. The Senate map in looks a lot different

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Speaker 1: than it looked in. You really have a divide within

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Speaker 1: Team Trump. The President has to do exactly what people

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Speaker 1: send him here to do, which is to get it done.

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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: America remembers the anniversary of the September eleven, two thousand

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Speaker 1: and one terror attacks. Were also just twenty four hours

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Speaker 1: away from the third Democratic presidential debate in Houston. My

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Speaker 1: bags are packed. I'm headed down there tonight. And vaping

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Speaker 1: fewer intensifies as President Trump vows tougher US scrutiny regarding

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Speaker 1: the Jewel e cigarettes. All of that, plus more fallout

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Speaker 1: from John Bolton's departure and Inside Look At What went

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Speaker 1: Down and John Bolton's final hours at the White House,

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Speaker 1: Ugar Shamali's here, CEO of Greenwich Media Strategies, former Treasury

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Speaker 1: spokesperson for Terrorism and Financial Intelligence. Craig Gordon returns Bloomberg

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Speaker 1: News Washington Bureau chief, and Ron bon Jean, partner at

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Speaker 1: Rock Solution, former chief of staff to the Senate Republican Conference,

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Speaker 1: as well as communications director to former Speaker of the

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Speaker 1: House Denny Haszard bombshells story crossing the Bloomberg terminal just

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Speaker 1: earlier this morning, Ah the home if of of reporting

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Speaker 1: by our colleagues on the White House team, and we're

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Speaker 1: thrilled to have Craig Gordon, Bloomberg News Washington Bureau chief

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Speaker 1: with us in studio. President Donald Trump discussed easing sanctions

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Speaker 1: on Iran to help secure a meeting with Iranni and

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Speaker 1: President Ruani later this month, prompting then National Security Advisor

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Speaker 1: John Bolton's argue forcefully against against such a step. This

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Speaker 1: according to three people familiar with the matter, this was

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Speaker 1: an Oval Office meeting on Monday when the idea came up,

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Speaker 1: and Treasury Secretary Stephen Venusian voice support for the move

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Speaker 1: as a way to restart negotiations with Iran. It all comes,

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Speaker 1: as we now know Bolton has departed from the administration,

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Speaker 1: but I want to kick things off with Craig Gordon.

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Speaker 1: What does this tell us as a window into the

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Speaker 1: administration for the reasoning why Bolton was houstin. Look, we

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Speaker 1: always thought that John Bolton h and his reputation, and

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Speaker 1: I think he would he would say he would earned

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Speaker 1: this reputation of being a hardliner. Um, he always thought

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Speaker 1: that Iran. Um. You know, Donald Trump says he doesn't

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Speaker 1: want regime change in Iran. John Bolton very much watched

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Speaker 1: regime change in Iran. He wants to essentially eliminate the

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Speaker 1: threat of Iranian weapons against Israel, and he this is

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Speaker 1: a position John Bolton has held for as long as

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Speaker 1: I can remember hearing about John Bolton. So there should

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Speaker 1: be no surprise eyes that when talk of Trump meeting

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Speaker 1: with the Iranian leader Rouhani his first service to Beera's

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Speaker 1: France at the end of the month at the G seven,

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Speaker 1: that a person like John Bolton would think that was

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Speaker 1: not a very good idea, That it is essentially sort

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Speaker 1: of caving into the enemy. Um, you don't talk to

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Speaker 1: these people. This is a country that says death to America. Still,

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Speaker 1: it's a chance you can hear in the streets and

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Speaker 1: tay Iran sometimes, so why would you ever sit down

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Speaker 1: with those people? Donald Trump takes us somewhat more pragmatic view.

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Speaker 1: I think he does take you know, he tends to

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Speaker 1: me a person who thinks I can sit across from anybody,

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Speaker 1: Kim Jongan, Rohani, anybody, and I can cut the better deal.

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Speaker 1: So why not talk? And I think what we saw yesterday,

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Speaker 1: based on the source reporting from Jennifer Jacobs Nkwadums of

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Speaker 1: our terrific team covering the White Houses, that when Donald

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Speaker 1: Trump said maybe we should ease the sanctions so that

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Speaker 1: Rohani will come to the table, John Bolton said, you

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Speaker 1: can't do that. Donald Trump said, yes, I can. I'm

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Speaker 1: the president. Also, by the way, you're fired, and he exactly.

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Speaker 1: And President Trump was asked about that earlier this afternoon

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Speaker 1: inside of the Oval office. I want to play for you,

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Speaker 1: Huggar Shamali, CEO of Greenwich Media Strategies, former Treasury spokesperson

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Speaker 1: for Terrorism and Financial Intelligence. I want to play for you, Haggar.

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Speaker 1: What President Trump said inside of the Oval today about

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Speaker 1: Bolton thinking he was too tough take a lisson. John

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Speaker 1: wasn't in line with what we were doing, and actually

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Speaker 1: it there in the tone President Trump not backing down, Hagar.

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Speaker 1: But from your analysis, from your workings in this world,

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Speaker 1: in both democratic and Republican administrations, from your analysis, where

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Speaker 1: is the U. S. Foreign policy headed as a result

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Speaker 1: of both Bolton's ousting. I don't know that there's gonna

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Speaker 1: be a huge significant change because at the end of

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Speaker 1: the day, President Trump has been working on I mean,

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Speaker 1: he's had he's had their desig he's had disagreements, right,

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Speaker 1: But at the end of the day, he's he pursues

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Speaker 1: what he wants, right, So he's pursued negotiations with Kim

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Speaker 1: jongn He has he allegedly invited the Taliban to Camp

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Speaker 1: David against his wishes. He certainly hasn't used mill Verry

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Speaker 1: first North Korea or or or Iran for example, they

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Speaker 1: didn't pursue the military strike after Iran struck the drone down.

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Speaker 1: So so President Trump has succeeded in getting his way.

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Speaker 1: Bolton has not really been able to sway him of

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Speaker 1: his views. What I think might change is not so

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Speaker 1: much the policy itself, because I think President Trump will

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Speaker 1: continue getting his way. And according to my friends, President

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Speaker 1: Trump has been closer to Secretary Pompeo anyway, and Pompeo

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Speaker 1: and Bolton used to fight but used probably still are right. Yes,

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Speaker 1: I think what what is uh, what is concerning and

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Speaker 1: what I hope gets fixed is this question of the

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Speaker 1: Council myself and going through those systems and the process

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Speaker 1: is critical certainly when you're facing crises and and we're

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Speaker 1: facing a lot right now. I want to pick up

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Speaker 1: on this point because if you're getting in your car

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Speaker 1: hearing about the National Security Council on the process of

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Speaker 1: what this does and what it means, layman's arms, What

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Speaker 1: does it mean? What explain precisely what you mean and

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Speaker 1: take your time with it. In terms of the process

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Speaker 1: of the NSC and how Bolton injected a different type

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Speaker 1: of strategic approach to how the president would listen to

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Speaker 1: the National Security Advisor versus the National Security Council. That's right,

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Speaker 1: So the National Security Council that the agency, the group

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Speaker 1: of if you will, which is about when I was there,

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Speaker 1: it was about two hundred staffers. It grew to four hundred,

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Speaker 1: let's say it somewhere in between that. Now, Uh, the

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Speaker 1: job of the National Security Council is to is to

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Speaker 1: options for a range of national security issues and to

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Speaker 1: help come to an agreement and then to oversee the

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Speaker 1: coordination and implementation of that. Bolton was like, I don't

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Speaker 1: want to follow those rules. Well, not only did he

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Speaker 1: not really want to follow those rules, but he was

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Speaker 1: known for smaller, smaller groups. He was all about, you know,

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Speaker 1: only keeping a very tiny group of people in the know,

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Speaker 1: only allowing a very tiny group of people to make

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Speaker 1: was much more top down, right, So the decision making

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Speaker 1: very he was a big filter, uh, into regarding what

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Speaker 1: information would get to President Trump's desk. Um. And that

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Speaker 1: can be risky because it means that he's the only

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Speaker 1: person really limiting what he hears or or allow, you know,

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Speaker 1: giving him his giving advice yes or no? Does this

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Speaker 1: does Bolton's Alsting make a meeting with President Trump and

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Speaker 1: Iranian President Ruwanni more or less likely at the U.

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Speaker 1: Not yes or no, more or less likely that Trump

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Speaker 1: and Ruwanni meet at the UN General Assembly. It makes

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Speaker 1: it more likely. But I'm not a big I don't

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Speaker 1: I'm not a big believer that will happen. In general.

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Speaker 1: I think it's too soon. Definitely more likely, definitely skeptical

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Speaker 1: it will happen. I mean, there's a part of this

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Speaker 1: conversation that we haven't talked about, which is all the

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Speaker 1: domestic political reasons donald Trump camp meet with Rohani again.

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Speaker 1: Donald Trump is someone who's looking to conservative Jewish voters

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Speaker 1: to break away from the Democrat Party where many times

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Speaker 1: they have voted and come onto his because of his

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Speaker 1: very steadfast support of Israel. Now you're gonna sit down again.

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Speaker 1: They chant death to America. They also chant us to Israel.

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Speaker 1: And I think there's a lot of American Jewish voters.

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Speaker 1: Not to over generalize, but I think you could say

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Speaker 1: safely that would not necessarily think, uh, Donald Trump should

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Speaker 1: ever be in the same room with the Iranian leader,

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Speaker 1: and particularly this one. And so that there's this there's

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Speaker 1: a there's an international reason for him not to do

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Speaker 1: it that you may not want to have that conversation

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Speaker 1: quite yet. It's not tied up yet, there's not enough groundwork. Lad,

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Speaker 1: there's a domestic political reason. And if you think Donald

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Speaker 1: Trump's not thinking about his re election while you're not

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Speaker 1: paying at Ron bung En quickly, we're gonna talk more

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Speaker 1: about this coming up. But Partner Rock Solutions Republican strategist

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Speaker 1: Ron bon Jeen, what does Craig have a point here

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Speaker 1: about the domestic political implications of the Boulton now sitting

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Speaker 1: as part of a larger illustration of where the president

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Speaker 1: is trying to target some of his re election efforts. Now,

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Speaker 1: I think that's a really good point. Look, Bolton had

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Speaker 1: very low standing in the White House, and we do know,

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Speaker 1: I do know that um, while they wanted him to leave,

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Speaker 1: was mcmulviney strategy, and anything could have gone. And next

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Speaker 1: thing you know, you see John Bolton leaving, leaving the

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Speaker 1: White House. I do think that some of Trump's ideas

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Speaker 1: um run counter to some of the some demographics that

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Speaker 1: they're trying to get in. And I just think a

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Speaker 1: lot of the times Trump is just spitballing and throwing

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Speaker 1: out ideas, and then the first president, Yes, he's a

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Speaker 1: freestyle president. Then he gets severe blowback from official channels

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Speaker 1: like Bolton, and then that makes him that that angers

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Speaker 1: him obvious. All right, coming up more politics and policy,

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Speaker 1: A full court preview of the Democratic presidential debate. I'm

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Speaker 1: headed to Houston. We're gonna have special coverage live from

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Speaker 1: inside of the debate spin room floor panel, Stay Cigar Shamali,

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Speaker 1: Craig Gordon, and Ron Bonjeen. Download the Bloomberg Sound On

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Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by

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Speaker 1: downloading the Bloomberg Business app. You can also find me

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Speaker 1: on Radio dot Com, I Heart Radio, and Spotify. I'm

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Speaker 1: Kevin Cirelli, Chief Washington correspondent for Bloomberg Television, Bloomberg Radio,

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Speaker 1: and you're listening to Bloomberg. This is Bloomberg Sound On

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Speaker 1: with Kevin Surreley on Bloomberg and one oh five point

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Speaker 1: seven f M h D two. I'm Kevin Cirelli, chief

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Speaker 1: Washington correspondent for Bloomberg Television, Bloomberg Radio. I'm headed to

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Speaker 1: Houston tonight. Houston, Houston, Texas. I'm trying to get some

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Speaker 1: barbecue that while I'm down there. Third Democratic presidential debate

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Speaker 1: already three, but this time the field is narrowing. Ten

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Speaker 1: Democratic presidential candidates will be on the ABC debate stage.

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Speaker 1: We're gonna have special coverage while we're down there, and

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Speaker 1: the contrast already being drawn. We were talking a little

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Speaker 1: now with D. C. Bloomberg Bureau Chief Craig Craig Gordon

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Speaker 1: the boss. We also have Ron bonjene here, partner at

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Speaker 1: Rock Solution, and Hagar Shamali, CEO of Greenwich Media Strategies,

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Speaker 1: former Treasury spokesperson for Terrorism and Financial Intelligence. Craig we

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Speaker 1: I think Senator Elizabeth Warren is poised to have a

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Speaker 1: very strong night tomorrow night as she looks to contrast

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Speaker 1: Vice President Joe Biden. I think Elizabeth Warren does extremely

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Speaker 1: well in these debates. She's very poised, he's very polished.

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Speaker 1: She obviously has policy papers stacked up to the ceiling,

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Speaker 1: plain spoken way of talking about it, And obviously the

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Speaker 1: whole point of the debate is you're kind of speaking

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Speaker 1: through the camera to the people, to the people in

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Speaker 1: the living room. I beg to differ a little bit

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Speaker 1: on a breakout night. Look, I think if you're with Biden,

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Speaker 1: you want to modern, and if you're with Warren and Sanders,

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Speaker 1: you want a liberal. And if you're with Keamla Harris,

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Speaker 1: I don't know what you want because I don't know

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Speaker 1: what she is. So I have there you go. Um.

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Speaker 1: So I sort of I kind of seriously wonder how

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Speaker 1: important these debates are at this point. I mean, obviously,

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Speaker 1: every time Joe Biden steps in behind the partium in

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Speaker 1: front of a microphone, he has the risk of looking old. Um.

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Speaker 1: He looked, he looked a little old in the first

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Speaker 1: the first couple um. And but people are still kind

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Speaker 1: of hanging with him. I think they still see him

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Speaker 1: as the strongest person to be Trump. So I'm not

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Speaker 1: sure you can kind of you don't win these things

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Speaker 1: on points. You have to win it by convincing people.

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Speaker 1: They have to be able to Picturelize with Warren standing

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Speaker 1: on a stage with Donald Trump and being able to

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Speaker 1: whoop him and I don't think as good as she

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Speaker 1: is these debates, that's something she can accomplish in one debate.

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Speaker 1: I I Ron Manjene come in here, because I hear

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Speaker 1: what Craig saying, and I would never disagree with with

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Speaker 1: Craig Gordon ever, you know, we follow Craig Gordon wherever

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Speaker 1: he maind us Um. But with regards to the debate,

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Speaker 1: do the debates even particularly matter in the sense that

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Speaker 1: the Democrats would argue that they are anticipating the same

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Speaker 1: type of debate with President Trump and a Democratic nominee

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Speaker 1: to be as completely volatile for lack of a better word,

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Speaker 1: as the Clinton Trump debates were. So if we're living

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Speaker 1: in a vacuum where Trump is going to go negative

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Speaker 1: no matter what, and the Democratic nominee just has to

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Speaker 1: win over the seventy votes in Michigan, Ohio, Pennsylvania, and Wisconsin,

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Speaker 1: then don't you need to present more ideas in a

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Speaker 1: way that Biden just hasn't Right now? Well, I think

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Speaker 1: the debates really do matter, and they'll matter much more

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Speaker 1: closer to the convention um And right now this is

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Speaker 1: really just warm up time, um. And you're right. Every

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Speaker 1: time Biden gets up there um, he does. There is

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Speaker 1: a fear of him looking old. There is an old

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Speaker 1: versus new thing, that dynamic that's going on, and Elizabeth

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Speaker 1: Warren is capturing that newness and the media is playing

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Speaker 1: along with it and and showing how many people are

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Speaker 1: at rallies in the snowball effect that's happening right now.

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Speaker 1: I couldn't see her up on stage versus Donald Trump

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Speaker 1: on a debate stage and winning. So these debates are

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Speaker 1: important because it gives these folks practice. At the same time,

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Speaker 1: it helps Republicans tremendously because we're looking at the vulnerabilities

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Speaker 1: of their debate styles. Trump is going to I mean,

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Speaker 1: I just I think Trump first, Elizabeth Warren. I think

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Speaker 1: Trump carries the day because he just goes negative and

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Speaker 1: understands the branding aspect of things and the TV thing.

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Speaker 1: The Hagar Shamali, the the parallel from my vantage point

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Speaker 1: of the parallel of the advantage point between the Clinton

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Speaker 1: OH eight campaign and the Biden campaign or eerily similar.

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Speaker 1: I mean, even Jennifer Epstein's reporting on the Bluebeard terminal

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Speaker 1: earlier this week, where they she was talking about how

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Speaker 1: Biden's going to attack Waren for being a corporate or

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Speaker 1: to go after corporate ties. I mean, that's just not

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Speaker 1: going to fit right, you know. I actually I'm most

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Speaker 1: interested for tomorrow in seeing Biden and Warren finally debate,

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Speaker 1: and they both they're both going to finally have the

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Speaker 1: opportunity to lay out their very different views, you know,

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Speaker 1: very different democratic views and proposals. And I think you know,

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Speaker 1: it's been it's been a long time, long time coming.

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Speaker 1: I agree with you. I see a lot of familiarities

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Speaker 1: from the Hillary Clinton campaign. Uh, and certainly with communications

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Speaker 1: in particular with with with with Joe Biden, Um, where

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Speaker 1: there have been gaffs along the way and where there

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Speaker 1: haven't been really lessons and lessons learned, and UM, anyway,

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Speaker 1: I'm curious to see what happens. It's an opportunity finally

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Speaker 1: to see them. Craig, who's gonna forget about Bernie Warren

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Speaker 1: and Biden for a minute. Who has to really succeed

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Speaker 1: your booker, Klobuchard, Buddha Judge. I mean, what's at stakes

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Speaker 1: for the lower tier candidates? I don't I don't want

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Speaker 1: to sound harsh here, but there's really only three. You've

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Speaker 1: been pretty harsh this second. Only three and a half

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Speaker 1: four maybe people up on that stage and there and

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Speaker 1: there are they are Biden, Warren Sanders. I guess you

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Speaker 1: gotta look at Harris be Oh, it seems to be

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Speaker 1: a ghost of himself. May repeat. I always thought not

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Speaker 1: I didn't want to say I predicted it, but I

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Speaker 1: always thought that it would be a ceiling for him. Um,

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Speaker 1: and I think he's kind of hit it. He's had trouble,

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Speaker 1: kind of having a second act. Um. If you made

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Speaker 1: me name the other five people that are gonna be

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Speaker 1: on that stage, I'm not sure I could. So we're

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Speaker 1: like at the stage. I mean, I know it's uh,

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Speaker 1: it's only um September, but the party needs to Winnow

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Speaker 1: this down already. We know Tom Sire has made the

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Speaker 1: has made the criteria for the October debates. We could

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Speaker 1: be back to two nights and maybe eleven people on

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Speaker 1: the stage or five and six or however they do it.

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Speaker 1: If I'm the Democratic Party, though, let's wrap this up.

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Speaker 1: Let's let's get this down to the real combatants, the

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Speaker 1: real people that are going to fight over the chance

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Speaker 1: to to go after Donald Trump. And I'm sorry to say,

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Speaker 1: but I don't think it's gonna be am culpate jar Wow,

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Speaker 1: We're gonna leave it there. Coming up more politics and

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Speaker 1: policy and tough talk with the Boss. Craig Gordon, Bloomberg

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Speaker 1: News Bureau Chief, Laying it Out Panel Stay Cigar Shamali

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Speaker 1: and Iron Bon Gene. Download the Bloomberg Sound On podcast

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Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading

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Speaker 1: the Bloomberg Business App. You can also find me on

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Speaker 1: Radio dot com, I Heart Radio and Spotify. I'm Kevin Sirelli.

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Speaker 1: You're listening to Bloomberg. You're listening to Bloomberg Sound On

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Speaker 1: with Kevin Sirel on Bloomberg and one oh five point

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Speaker 1: seven m h D two. Freedom itself was attacked this

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Speaker 1: morning by a faceless coward, and freedom will be defended.

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Speaker 1: I want to reassure the American people that full the

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Speaker 1: full resources of the federal government are working to assist

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Speaker 1: local authorities to save lives and to help the victims

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Speaker 1: of these attacks. Eighteen years ago, President former President George W.

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Speaker 1: Bush talking to the nation following the horrific, horrific terrorist attack.

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Speaker 1: UH that really launched a new era for for US

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Speaker 1: foreign policy. America remembers. I'm Kevin Cirelli, Chief Washington, correspondent

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Speaker 1: for Bloomberg Television Bloomberg Radio. My guests with me for

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Speaker 1: the the Hour Craig Gordon, Bloomberg News Washington Bureau chief,

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Speaker 1: and Hagar Shamali, CEO of Each Media Strategies, former Treasury

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Speaker 1: spokesperson for Terrorism and Financial Intelligence, as well as Rombon Jean,

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Speaker 1: partner at Rock Solutions. Craig eighteen years. It's been eighteen years.

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Speaker 1: The President UH had an address today, but wow, we're

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Speaker 1: still very much living in the In the chapter after, yeah,

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Speaker 1: if you're of a certain generation, I guess I'm in

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Speaker 1: that generation. You hear those words that kind of gives

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Speaker 1: you a little bit of a chill. That would have

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Speaker 1: been the first words, Donald Trump, I'm sorry, Donald Trump,

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Speaker 1: the first words George W. Bush spoke to the nation

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Speaker 1: after the attack had occurred. People remember he was in

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Speaker 1: that school in Florida reading a book. They flew around

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Speaker 1: in Air Force one a little bit. It was a

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Speaker 1: confusing and chaotic time, and that was his sort of first,

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Speaker 1: somewhat feeble attempt to reassure the nation. Was always be

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Speaker 1: interesting to me about nine eleven is two things. One,

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Speaker 1: how George I had covered the Bush campaign in two

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Speaker 1: thousand and we all remember the contested Florida results and

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Speaker 1: all of that, and a lot of people think, and

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Speaker 1: I'm one of them, that the day he stood in

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Speaker 1: that pilot ground zero and said, you know, we're going

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Speaker 1: to get the people who knocked down these buildings was

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Speaker 1: really the day George Bush became the president, not an

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Speaker 1: election day, um, and went on to you know, obviously

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Speaker 1: launched Iraq War. It kind of went a little off

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Speaker 1: the tracks for a lot of the American people. But

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Speaker 1: the second thing is really we as a nation had

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Speaker 1: never really been tested that way. We you know, we

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Speaker 1: are lucky enough to have water boarders and friends on

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Speaker 1: the north and South, and so the idea that we

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Speaker 1: were attacked on our own soil was like unthinkable. Um.

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Speaker 1: Two people like me and my generation of the generations

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Speaker 1: after it, that's all changed today went through the airport

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Speaker 1: coming back from Milwaukee around his hometown, you know, going

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Speaker 1: through that security line, and that's all nine eleven. And

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Speaker 1: so they just changed the way we think about our

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Speaker 1: position in the world, the need to defend ourselves, and

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Speaker 1: how we live our lives every day. And I don't

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Speaker 1: think we'll ever really forget Garciamalley take a listen to

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Speaker 1: what President Trump said earlier today marking the eighteenth anniversary

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Speaker 1: of the September eleven terror attacks. Serious eighteen years ago,

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Speaker 1: the terrorsts struck the citadel of power and American strength,

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Speaker 1: but the enemy soon learned that they could not we

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Speaker 1: in the spirit of our people. I found. You know,

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Speaker 1: it's it's a hard moment. I mean, I I um, well, first,

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Speaker 1: that section of his remarks, UM were good. I remember

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Speaker 1: that day. I can't forget it. I was in New York,

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Speaker 1: I was in college at the time, and um, and

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Speaker 1: it just it brings back, obviously harrowing memories. UM. But

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Speaker 1: the thing that I found was so impressive and inspiring

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Speaker 1: is not just the first responders. The first responders were

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Speaker 1: so grateful for it was the number of Americans who

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Speaker 1: dedicated themselves to service after that, a number went to

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Speaker 1: Iraq and Afghanistan. I know, my office at Treasury, which

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Speaker 1: I started in the Office of Terrorist Financing and Financial

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Speaker 1: Crimes in two thousand six, was created through the USA

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Speaker 1: Patriot Act after September eleven, and everybody there was motivated

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Speaker 1: to get at the financial networks that supported al Qaeda. UM.

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Speaker 1: And so you know, I'm reminded of all that, and

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Speaker 1: you know that really actually continues that I find that

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Speaker 1: even eighteen years later, that feeling among a number of Americans,

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Speaker 1: a number of civil servants, UM and military service. It's just, um,

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Speaker 1: it's inspiring. Yeah, thanks very much. So. I was the

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Speaker 1: spokesman for the Senate Majority leader, and I was in

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Speaker 1: the capital with him when we evacuated. After we st

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Speaker 1: looked out our windows and saw the Pentagon on fire,

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Speaker 1: and just running out and seeing the chaos of our

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Speaker 1: government on that day, and then watching our government and

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Speaker 1: stand up and fight back over a series of months

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Speaker 1: and then years was something that that I'm just very

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Speaker 1: proud of our proud of our nation for we've um,

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Speaker 1: you know, obviously we declared war on al Qaeda, we

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Speaker 1: created a Homeland Security Department. Craig was talking about all

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Speaker 1: the security measures that are now in the airports. But

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Speaker 1: you know, we were damaged that day, but we weren't done.

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Speaker 1: And it was very clear when we all saying God

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Speaker 1: bless America on the steps of the Capitol that evening, Um,

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Speaker 1: it's the nation has millions of people looked on. I

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Speaker 1: can't even imagine ron having been so physically, I mean

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Speaker 1: just you were right there when it happened. I agree

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Speaker 1: with you. I mean, one of the things that I

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Speaker 1: find marks my my my government career, um over the

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Speaker 1: course of twelve years, it was really this desire to

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Speaker 1: especially those of us, I mean we all worked in

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Speaker 1: counter terrorism in some way or she perform and it

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Speaker 1: was this desire to make a difference, to coordinate better too.

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Speaker 1: We were drawn by this bigger mission and and truthfully,

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Speaker 1: honestly it's we had a real impact in undermining their

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Speaker 1: finances and preventing uh, not only all kinda but other

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Speaker 1: terrorists organizations from conducting attacks on the homeland. And that

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Speaker 1: is a really important point you just made there. For

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Speaker 1: all the bombs we dropped out of Afghanistan, the different

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Speaker 1: fighting that's been done in that part of the world,

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Speaker 1: obviously taking out beIN lauding himself, it was that terrorist

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Speaker 1: finance and crippling those networks, making it impossible to move

429
00:22:53,560 --> 00:22:55,400
Speaker 1: money around. It's one of those things you look back

430
00:22:55,400 --> 00:22:56,960
Speaker 1: and like, how did we let that happen in the

431
00:22:57,000 --> 00:23:00,000
Speaker 1: first place. But once we sort of figured it out, um,

432
00:23:00,119 --> 00:23:02,200
Speaker 1: the full force of the U. S. Government and working

433
00:23:02,200 --> 00:23:04,359
Speaker 1: with global governments kind of really shut that down and

434
00:23:04,400 --> 00:23:07,840
Speaker 1: really did strangle strangle off that um off that flow

435
00:23:07,840 --> 00:23:10,960
Speaker 1: of money. But look, this is ever vigilant. You know,

436
00:23:11,080 --> 00:23:14,320
Speaker 1: this is we We have pretty much decimated Al Qaeda

437
00:23:14,400 --> 00:23:16,879
Speaker 1: even in Isis is pretty much on the run. But

438
00:23:16,960 --> 00:23:20,720
Speaker 1: there's somebody sitting somewhere in a hut somewhere plotting to

439
00:23:20,760 --> 00:23:23,680
Speaker 1: do something bad to this nation because of what we represent,

440
00:23:23,760 --> 00:23:25,920
Speaker 1: which is freedom and kind of the beacon for the world.

441
00:23:26,000 --> 00:23:29,000
Speaker 1: In journalists aren't usually so kind of mushy about these things.

442
00:23:29,000 --> 00:23:30,919
Speaker 1: We cover the president, We cover these topics in a

443
00:23:30,960 --> 00:23:33,520
Speaker 1: really cold eyed way. But as Ron was saying, you

444
00:23:33,520 --> 00:23:35,520
Speaker 1: could not as an American putting us taking out my

445
00:23:35,600 --> 00:23:38,520
Speaker 1: journalist hat and putting on my American baseball cap or whatever.

446
00:23:38,600 --> 00:23:42,080
Speaker 1: You cannot be anything but moved and impressed at how

447
00:23:42,080 --> 00:23:44,560
Speaker 1: the country came together and know that the next one

448
00:23:44,600 --> 00:23:46,399
Speaker 1: could be around the corner. And it's kind of terrifying

449
00:23:46,480 --> 00:23:49,080
Speaker 1: from from my vantage point, just as as a millennial,

450
00:23:49,160 --> 00:23:52,240
Speaker 1: I mean, I was in sixth grade on September eleven.

451
00:23:52,280 --> 00:23:56,080
Speaker 1: Then you knew it was serious because every single television

452
00:23:56,160 --> 00:23:59,920
Speaker 1: channel had the new the Network news on, from Disney

453
00:24:00,080 --> 00:24:04,640
Speaker 1: to Nickelodeon, all of the children entertainment, it was all

454
00:24:04,680 --> 00:24:09,359
Speaker 1: broadcasting the news, more politics and policy as the nation

455
00:24:09,440 --> 00:24:13,920
Speaker 1: remembers eighteen years ago today the September eleventh terrorist attack.

456
00:24:14,160 --> 00:24:16,520
Speaker 1: Thanks to Craig Gordon for being here. He's the Bloomberg

457
00:24:16,520 --> 00:24:18,480
Speaker 1: News Washington Bureau chief. I know you've got to get

458
00:24:18,520 --> 00:24:22,280
Speaker 1: back to work. Garshamali stays, as does Ron bond Jen.

459
00:24:22,480 --> 00:24:26,000
Speaker 1: Download the Bloomberg Sound On podcast on Apple iTunes, Bloomberg

460
00:24:26,080 --> 00:24:28,280
Speaker 1: dot Com, or the Bloomberg Business App. You can also

461
00:24:28,320 --> 00:24:32,480
Speaker 1: find us on Radio dot Com, I Heart Radio, and Spotify.

462
00:24:32,600 --> 00:24:40,359
Speaker 1: I'm Kevin Cirelli. You're listening to Bloomberg. You're listening to

463
00:24:40,440 --> 00:24:45,080
Speaker 1: Bloomberg Sound On with Kevin Sile on Bloomberg and one

464
00:24:45,119 --> 00:24:49,040
Speaker 1: on five point seven f M H D two. What

465
00:24:49,440 --> 00:24:53,040
Speaker 1: rate song on a rainy day, cloudy day here at Washington,

466
00:24:53,160 --> 00:24:56,080
Speaker 1: d C. I'm headed out of dulless, Oh Boy, to

467
00:24:56,119 --> 00:24:59,800
Speaker 1: go to Houston, Houston, Texas for the third Democratic President

468
00:25:00,040 --> 00:25:03,719
Speaker 1: Old debate. We're gonna have special special coverage all from Houston,

469
00:25:03,800 --> 00:25:08,320
Speaker 1: Texas tomorrow as the winnowing field narrows. Elizabeth Warren showdown

470
00:25:08,920 --> 00:25:11,480
Speaker 1: with former Vice President show. But even I can't say

471
00:25:11,480 --> 00:25:13,320
Speaker 1: it with a straight face. I mean, we in the media,

472
00:25:13,400 --> 00:25:16,240
Speaker 1: we just hype up these debates. Nowadays, it's like Game

473
00:25:16,280 --> 00:25:19,280
Speaker 1: of Thrones or something. Here with me to navigate through

474
00:25:19,320 --> 00:25:22,320
Speaker 1: the politics and the policy of the hour. Hagar Shamali,

475
00:25:22,440 --> 00:25:26,720
Speaker 1: CEO of Greenwich Media Strategies, former Treasury spokesperson for Terrorism

476
00:25:26,840 --> 00:25:29,920
Speaker 1: and Financial Intelligence. So are you've been everywhere lately? I

477
00:25:30,000 --> 00:25:33,000
Speaker 1: saw you on MSNBC the other day. I read some

478
00:25:33,080 --> 00:25:37,560
Speaker 1: column you wrote, You're everywhere. I'm trying, I'm hustling. You know, Hey,

479
00:25:37,600 --> 00:25:39,560
Speaker 1: I'm short on time, not on hustle. You know there's

480
00:25:39,560 --> 00:25:43,000
Speaker 1: not enough hours in the day. But we're grateful that

481
00:25:43,040 --> 00:25:45,240
Speaker 1: you make time for Bloomberg because it really means a

482
00:25:45,280 --> 00:25:49,080
Speaker 1: lot to us and adds to our coverage. Ramban Jean's

483
00:25:49,080 --> 00:25:53,280
Speaker 1: here partner at Rock Solutions, the architect behind the scenes

484
00:25:53,560 --> 00:25:56,120
Speaker 1: of all Republican messaging. You are too kind, but I'll

485
00:25:56,119 --> 00:26:01,960
Speaker 1: take um all right. So now we do this thing

486
00:26:01,960 --> 00:26:06,560
Speaker 1: where it's what's on your radar and stories in the headlines.

487
00:26:07,040 --> 00:26:10,400
Speaker 1: Trump and Jewel, not the singer, but the East sig.

488
00:26:10,800 --> 00:26:14,040
Speaker 1: I texted my UM, I shouldn't say I'm gonna stop talking.

489
00:26:14,080 --> 00:26:18,040
Speaker 1: I have a radio show. But vaping fere intensifies as

490
00:26:18,040 --> 00:26:21,760
Speaker 1: Trump Foul's tougher US scrutiny. Faced with worsening epidemic of

491
00:26:21,800 --> 00:26:27,720
Speaker 1: teenage vaping and a mysterious illness stalking users of cigarette alternatives,

492
00:26:27,720 --> 00:26:31,040
Speaker 1: the Trump administration promised to ratchet up its oversight of

493
00:26:31,080 --> 00:26:34,920
Speaker 1: a burgeoning but increasingly troubled industry. I'm reading from the

494
00:26:34,920 --> 00:26:38,119
Speaker 1: Bloomberg terminal. Trump says that vaping had become an urgent

495
00:26:38,160 --> 00:26:42,520
Speaker 1: public health concern in the US, specifically with respect two children.

496
00:26:43,000 --> 00:26:47,399
Speaker 1: Speaking alongside Health and Human Services Secretary Alex Azar, he

497
00:26:47,480 --> 00:26:52,439
Speaker 1: told reporters that five million. I didn't realize this. Five

498
00:26:53,000 --> 00:26:59,399
Speaker 1: million kids vaped this year alone, and a year prior

499
00:26:59,440 --> 00:27:02,200
Speaker 1: to that it was three point six mill And those

500
00:27:02,200 --> 00:27:04,000
Speaker 1: are just the one survey, because you know, those kids

501
00:27:04,000 --> 00:27:06,120
Speaker 1: who are throwing out the surveys are probably lying. I mean,

502
00:27:06,119 --> 00:27:08,000
Speaker 1: you know you're a poster. I mean, they don't want

503
00:27:08,000 --> 00:27:10,520
Speaker 1: to confess or admit run that they've done these things.

504
00:27:11,000 --> 00:27:15,280
Speaker 1: Five million kids vaped? What were they charging them next

505
00:27:15,320 --> 00:27:17,880
Speaker 1: to their iPhones? I mean it's hard to it's hard

506
00:27:17,920 --> 00:27:19,400
Speaker 1: to say how many times they're doing it, but they're

507
00:27:19,400 --> 00:27:23,560
Speaker 1: doing it a lot more than then they're saying. Obviously, UM,

508
00:27:23,600 --> 00:27:25,840
Speaker 1: I think this is a very smart move on the

509
00:27:25,840 --> 00:27:28,720
Speaker 1: Trump by the Trump administration because they're trying to find

510
00:27:29,200 --> 00:27:32,000
Speaker 1: some type of answer for healthcare. There's a couple of

511
00:27:32,040 --> 00:27:34,840
Speaker 1: issues going on right now. Is the trying to tackle

512
00:27:34,920 --> 00:27:38,560
Speaker 1: the high cost of drug prices um, as well as

513
00:27:38,720 --> 00:27:43,439
Speaker 1: dealing with the surprise surprise billing issue. UM. You know

514
00:27:43,520 --> 00:27:46,160
Speaker 1: that's out there as well, and neither have an easy solution.

515
00:27:46,680 --> 00:27:49,439
Speaker 1: This one is right there, served up on a silver platter.

516
00:27:49,680 --> 00:27:52,399
Speaker 1: You've got a health crisis on your hands. You know,

517
00:27:52,760 --> 00:27:56,399
Speaker 1: you have multiple health officials saying this is bad news.

518
00:27:56,800 --> 00:27:59,800
Speaker 1: So for Trump to capitalize on this politically as a

519
00:27:59,800 --> 00:28:02,840
Speaker 1: smart idea, I actually I agree with you. You You know,

520
00:28:02,920 --> 00:28:06,560
Speaker 1: as as a mom, I find dude, I was yeah,

521
00:28:06,760 --> 00:28:09,439
Speaker 1: or you're nervous. Five million kids have vaped, right like,

522
00:28:09,480 --> 00:28:12,360
Speaker 1: I'm gonna take off my former government hats here and

523
00:28:12,359 --> 00:28:15,520
Speaker 1: and about the Middle East for a second ago as

524
00:28:15,560 --> 00:28:18,320
Speaker 1: a mom of two children, and and you know, it

525
00:28:18,640 --> 00:28:22,080
Speaker 1: concerns me. And it's almost as though this the product

526
00:28:22,200 --> 00:28:26,520
Speaker 1: was created or marketed to children. And that's saying okay.

527
00:28:26,520 --> 00:28:29,159
Speaker 1: And I'll say that because because you know, I'm reading

528
00:28:29,200 --> 00:28:31,680
Speaker 1: these the reports of this all day. It's been everywhere

529
00:28:32,000 --> 00:28:36,000
Speaker 1: social media and whatnot. And Jewel Labs Incorporated had been

530
00:28:36,040 --> 00:28:39,800
Speaker 1: marketing these on on social media marketing. I mean, and

531
00:28:39,840 --> 00:28:42,440
Speaker 1: they've been popping up in the feeds, and you know

532
00:28:43,000 --> 00:28:46,440
Speaker 1: that that's just what's so surprising. So they're gonna really

533
00:28:46,880 --> 00:28:50,600
Speaker 1: really go after Jewel lab Inc. Uh And and it's

534
00:28:50,640 --> 00:28:55,040
Speaker 1: a warning shot about an onslaught of regulatory approaches that

535
00:28:55,040 --> 00:28:58,160
Speaker 1: are going to happen. Ron. But from your work in

536
00:28:58,200 --> 00:29:01,239
Speaker 1: the private sector, what did we learn today about the

537
00:29:01,280 --> 00:29:05,560
Speaker 1: impact that six hundred Pennsylvania Avenue, regardless of who its

538
00:29:05,560 --> 00:29:09,760
Speaker 1: occupant is, whether it's a populist or a centrist, the

539
00:29:09,840 --> 00:29:13,280
Speaker 1: impact they can have on the private sector company with

540
00:29:13,360 --> 00:29:15,960
Speaker 1: the power of a microphone. Right, this is very different

541
00:29:15,960 --> 00:29:18,320
Speaker 1: than a Trump tweet. I mean, this is from the

542
00:29:18,360 --> 00:29:20,920
Speaker 1: Oval Office saying this is a major health crisis and

543
00:29:20,920 --> 00:29:24,240
Speaker 1: they're going to do something about it, which they now will. Um.

544
00:29:24,280 --> 00:29:27,760
Speaker 1: It showcases the fact that companies and brands need to

545
00:29:27,760 --> 00:29:31,080
Speaker 1: be extremely careful when they're dealing with kids, especially anything

546
00:29:31,080 --> 00:29:34,160
Speaker 1: that has to do with flavored. Um. You know something

547
00:29:34,280 --> 00:29:35,840
Speaker 1: something that has to do with flavor that could be

548
00:29:35,840 --> 00:29:38,800
Speaker 1: potentially dangerous for you. I mean remember four logo. Do

549
00:29:38,840 --> 00:29:42,120
Speaker 1: you remember that flavored alcohol? You know, that type of

550
00:29:42,440 --> 00:29:45,840
Speaker 1: thing that was ended up being getting banned. Um, that

551
00:29:45,960 --> 00:29:48,120
Speaker 1: kind of this reminds me of that at a much,

552
00:29:48,200 --> 00:29:50,560
Speaker 1: much wide wider scale. Do you want to read a

553
00:29:50,880 --> 00:29:54,720
Speaker 1: state a statement from Altria Group Incorporated, which invested thirteen

554
00:29:54,760 --> 00:29:58,880
Speaker 1: billion dollars in Jewel at evaluation of approximately thirty five

555
00:29:58,920 --> 00:30:02,400
Speaker 1: billion dollars. A spokesman for Altria says, quote, we agreed

556
00:30:02,440 --> 00:30:05,160
Speaker 1: that urgent action is needed and we look forward to

557
00:30:05,240 --> 00:30:09,040
Speaker 1: reviewing the guidance. Reducing youth use of the vapor products

558
00:30:09,120 --> 00:30:15,560
Speaker 1: is a top priority for Altria and UH. Just as

559
00:30:15,600 --> 00:30:18,120
Speaker 1: a disclaimer, Michael Bloomberg, the founder and majority owner of

560
00:30:18,120 --> 00:30:21,600
Speaker 1: Bloomberg News, parent company of Bloomberg LP, has campaigned and

561
00:30:21,640 --> 00:30:24,360
Speaker 1: given money in support of a band of flavored East

562
00:30:24,400 --> 00:30:28,120
Speaker 1: cigarettes and tobacco. So that's it's on my radar, Jewel Rob,

563
00:30:28,160 --> 00:30:31,600
Speaker 1: what's on your radar? Well? The whether or not President

564
00:30:31,640 --> 00:30:34,440
Speaker 1: Trump is going to do something regarding gun control, If

565
00:30:34,480 --> 00:30:39,000
Speaker 1: he's going to actually um sign an executive order or

566
00:30:39,200 --> 00:30:43,760
Speaker 1: put something over to Congress for for them to actually

567
00:30:43,760 --> 00:30:46,360
Speaker 1: tackle it's really unclear. I mean, you know, if the

568
00:30:46,800 --> 00:30:50,440
Speaker 1: um if the shootings that happened in El Paso and

569
00:30:50,520 --> 00:30:54,080
Speaker 1: in Ohio occurred this week, I think we would see

570
00:30:54,080 --> 00:30:56,040
Speaker 1: action on the floor. I think you would have seen

571
00:30:56,080 --> 00:31:00,240
Speaker 1: a reaction and then moving, but unfortunately you had this

572
00:31:00,320 --> 00:31:03,480
Speaker 1: time go. A lot of time went by in August

573
00:31:03,560 --> 00:31:06,640
Speaker 1: because members of Congress are back home. Joe mentioned the

574
00:31:06,680 --> 00:31:09,440
Speaker 1: Democrat from West Virginia said he talked with President Trump

575
00:31:09,480 --> 00:31:14,520
Speaker 1: about this earlier today. He characterized the conversation is quote

576
00:31:14,600 --> 00:31:18,880
Speaker 1: very encouraging end quote. Democrat Chris Murphy and Pat to me,

577
00:31:18,920 --> 00:31:21,440
Speaker 1: the Republican from Pennsylvania. They said that they're going to

578
00:31:21,520 --> 00:31:25,400
Speaker 1: hear from President Trump by Thursday tomorrow whether or not

579
00:31:25,440 --> 00:31:28,280
Speaker 1: they're going to take a position on background checks. At

580
00:31:28,280 --> 00:31:30,160
Speaker 1: the n r A has opposed and again just as

581
00:31:30,200 --> 00:31:34,640
Speaker 1: another disclaimer, uh, Michael Bloomberg, who owns Bloomberg Elp, founded

582
00:31:34,640 --> 00:31:37,720
Speaker 1: and helps fund every Town for Gun Safety, and nonprofit

583
00:31:37,800 --> 00:31:41,160
Speaker 1: that advocates for universal background checks and other gun violence

584
00:31:41,560 --> 00:31:45,120
Speaker 1: prevention measures. The suburbs that I mean, I hate talking

585
00:31:45,120 --> 00:31:48,680
Speaker 1: about tragedies through the lens of politics, but suburban voters,

586
00:31:48,680 --> 00:31:51,040
Speaker 1: this is a losing issue for for that's a losing

587
00:31:51,080 --> 00:31:53,040
Speaker 1: issue for the n r A and the suburbs. And

588
00:31:53,080 --> 00:31:56,000
Speaker 1: there's independent voters which tilted the House back to blue

589
00:31:56,240 --> 00:31:58,520
Speaker 1: in two thousand and eighteen and two thousand and eighteen.

590
00:31:58,880 --> 00:32:01,680
Speaker 1: Those voters got if they want to win back anything

591
00:32:01,680 --> 00:32:04,240
Speaker 1: the Republicans, they got to win those suburban voters. So

592
00:32:04,320 --> 00:32:07,800
Speaker 1: garments under radar. Yes, Son, in a move that will

593
00:32:07,840 --> 00:32:11,760
Speaker 1: surprise nobody. UM. As a sanctions nerd, I was very

594
00:32:12,200 --> 00:32:14,360
Speaker 1: I know we love to nerd out, um, but I'm

595
00:32:14,400 --> 00:32:16,360
Speaker 1: not like a smart nerd. Go ahead, yes you are.

596
00:32:17,520 --> 00:32:20,760
Speaker 1: I was very impressed with yesterday's action by the White

597
00:32:20,800 --> 00:32:23,440
Speaker 1: House Treasure Department and State Department. The President signed a

598
00:32:23,480 --> 00:32:28,680
Speaker 1: new executive order UM consolidating all counter terrorism sanctions authorities,

599
00:32:28,720 --> 00:32:31,640
Speaker 1: and then treasuring State Department followed up with a number

600
00:32:31,680 --> 00:32:36,280
Speaker 1: of actions against a wide group of terrorist entities, individuals,

601
00:32:36,360 --> 00:32:39,360
Speaker 1: leaders across the board. And what does that mean? Translate it?

602
00:32:39,680 --> 00:32:42,840
Speaker 1: You know, well it Secretary Remolution came out to say

603
00:32:42,880 --> 00:32:45,480
Speaker 1: that they had taken action over the last year against

604
00:32:45,520 --> 00:32:48,560
Speaker 1: an unprecedented number of counter terrorism targets and I expect

605
00:32:48,560 --> 00:32:51,440
Speaker 1: that only to increase. And so I like that muscle flexing,

606
00:32:51,480 --> 00:32:53,800
Speaker 1: certainly when it's on counter terrorism. Certainly when it was

607
00:32:53,840 --> 00:32:59,120
Speaker 1: on the eve of the September eleven anniversary on Bolton's departure. Yeah,

608
00:32:59,160 --> 00:33:02,240
Speaker 1: there's a lot, all right, Uh, We've got literally thirty

609
00:33:02,280 --> 00:33:06,000
Speaker 1: seconds left. So Ron winner and loser tomorrow night in Houston.

610
00:33:06,760 --> 00:33:10,880
Speaker 1: I think Elizabeth Warren scores more points tomorrow night. She's

611
00:33:10,920 --> 00:33:14,800
Speaker 1: on a roll, and who loses like Joe Biden with Ron,

612
00:33:14,880 --> 00:33:19,320
Speaker 1: I agree with Ron. I think I'm gonna say that

613
00:33:19,360 --> 00:33:22,440
Speaker 1: Warren wins, Biden wins. But I think, like a Klobachar

614
00:33:22,600 --> 00:33:24,040
Speaker 1: or a Booker, I think one of them is going

615
00:33:24,080 --> 00:33:26,479
Speaker 1: to have a breakout moment one of the lesser tier Candidas.

616
00:33:26,880 --> 00:33:29,760
Speaker 1: This was a fun show. On had a good time.

617
00:33:29,800 --> 00:33:31,680
Speaker 1: I had a good time. Would you come back? What

618
00:33:31,800 --> 00:33:34,240
Speaker 1: did you come back? I would come back. Appreciate that. Ron.

619
00:33:34,960 --> 00:33:37,440
Speaker 1: I'm kind to Houston. If anybody knows any good places

620
00:33:37,440 --> 00:33:39,960
Speaker 1: to eat down in Houston, I love barbecue, I love

621
00:33:40,000 --> 00:33:42,920
Speaker 1: spicy food. Just let me know, all right, thanks for listening.

622
00:33:43,000 --> 00:33:45,560
Speaker 1: I'm Kevin Surli, Chief Washington correspondent f for Bloomberg Television,

623
00:33:45,560 --> 00:33:47,920
Speaker 1: Bloomberg Radio, and you're listening to Bloomberg