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Speaker 1: Now from our nation's capital. This is Bloomberg Sound On.

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Speaker 1: Moments ago, Frank Robert James was stopped on the street

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Speaker 1: and arrested by members of the New York City Police Department.

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Speaker 1: Bloomberg Sound on Politics, Policy and perspective from DC's tough name.

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Speaker 1: This case was quickly solved using technology, video canvases and

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Speaker 1: then getting that information out to the public. The bright

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Speaker 1: spots of the incredible heroism of our fellow New Yorkers

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Speaker 1: helping each other at time of crisis. Bloomberg Sound On

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Speaker 1: with Joe Matthew on Bloomberg Radio. They got him on

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Speaker 1: a tip, New York City Police announcing the arrest. As

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Speaker 1: you just heard Frank James. It's all unfolded live here

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Speaker 1: on Bloomberg. He never left town. Welcome to the fastest

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Speaker 1: hour in politics. As we join you again from Bloomberg

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Speaker 1: World Headquarters in New York. I'm Joe Matthew, and we

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Speaker 1: rebuild today the events that led to the arrest and

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Speaker 1: explore the case that investigators are now building. Charges already filed.

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Speaker 1: Will be joined at a moment by New York criminal

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Speaker 1: Defense attorney former Brooklyn prosecutor David Schwartz, later by Bloomberg

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Speaker 1: Law host June Grosso Analysis today from our panel. Bloomberg

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Speaker 1: Politics contributor and Republican strategist Rick Davis along for the

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Speaker 1: hour today along with Joe Crowley, former Democratic congressman from

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Speaker 1: New York. First in a news briefing that you heard

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Speaker 1: on Bloomberg and included a live video address from the

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Speaker 1: Mayor of New York, Eric Adams, who we remind you

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Speaker 1: the next few days at least is in quarantine for COVID.

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Speaker 1: Here he is myself. New York is we got, we got.

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Speaker 1: I cannot think the men and women the New York

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Speaker 1: City Police enough, as well as federal agents. I'll stay police,

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Speaker 1: our first respondence from the nine raids, two vary women

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Speaker 1: from our medical professions. We got him. Set it over

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Speaker 1: and over again as he spoke from home in what

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Speaker 1: looked like a professional setting, they piped him in by zoom. There.

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Speaker 1: It was a tip, as I mentioned, that brought James arrest.

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Speaker 1: As we heard a few moments later from New York Police,

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Speaker 1: crimestopper tip comes in reports at the Mails and the

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Speaker 1: McDonald's on sixth Street and and First Avenue in the

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Speaker 1: ninth Precinct down on the Lower East Side, in the

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Speaker 1: East Village, officers respond to the McDonald's. He's not in

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Speaker 1: the McDonald's. They start driving around the neighborhood looking for him.

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Speaker 1: They see him on the corner of St. Mark's and First,

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Speaker 1: and they take him into custody, simple as that. Now

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Speaker 1: facing a federal terrorism charge. And that is where we

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Speaker 1: begin with David Schwartz, New York criminal defense attorney, partner

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Speaker 1: at Gerstmand Schwartz, former Bruton prosecutor. David, it's great to

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Speaker 1: have you here. I wonder your thoughts on this first salvo,

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Speaker 1: the first charge that's been filed, having heard just twenty

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Speaker 1: four hours ago that this was not being investigated as

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Speaker 1: a case of terrorism. What do the semantics tell us

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Speaker 1: here about this charge? Good to be here, Joe, Yeah,

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Speaker 1: there's a lot of semantics here, back and forth. Uh,

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Speaker 1: you know, I don't I think the statements in the

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Speaker 1: beginning by the Police Commissioner were meant not to create

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Speaker 1: panic amongst New Yorkers, but certainly it didn't preclude a

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Speaker 1: terrorism charge. Which certainly, Uh, this fits right into the

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Speaker 1: federal Terrorist Statute and it fits right directly into the

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Speaker 1: State Terrorist Statute. Okay, there, Now they're still obviously in

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Speaker 1: the process of gathering intelligence. This investigation still has legs.

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Speaker 1: It will likely go on for weeks. David, do you

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Speaker 1: expect many more charges? How does this unful? Yeah, it's

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Speaker 1: just the beginning of the investigation, and the investigation is

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Speaker 1: going to be all about strengthening in the case. You know.

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Speaker 1: The bottom line is the charges will be the federal

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Speaker 1: terrorism charge, will be attempted murder charges. On the state level,

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Speaker 1: there will be state charges. I believe federal charges. The

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Speaker 1: federal case will come first. D A. Eric Gonzalez will

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Speaker 1: be working very very closely with the federal prosecutors in

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Speaker 1: the Eastern District of New York. And certainly the crime

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Speaker 1: and crime of terrorism, you know, where you commit this

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Speaker 1: mass shooting on a public transportation system, a public transit

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Speaker 1: system with the intent to to influence a you know,

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Speaker 1: to to promote this panic amongst a society of people,

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Speaker 1: that's certainly full square within the federal Terrorist Statute and

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Speaker 1: the state terrorist Statute. You'll have your attempted murders in there.

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Speaker 1: You'll have assaults in there. You'll have carrying illegal weapons

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Speaker 1: over state lines. Uh, You'll have multiple illegal weapons charges. Uh,

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Speaker 1: bomb aching equipment, you name it, there'll be plenty of

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Speaker 1: charges there. But as far as the investigation goes, the

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Speaker 1: investigation has just begun. That's gonna be all kinds of

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Speaker 1: identification evidence being gathered eyewitnesses. There's gonna be d NA,

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Speaker 1: there's gonna be blood evidence. There's gonna be all kinds

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Speaker 1: of physical evidence, where a lot of it has been

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Speaker 1: recovered at the scene already, some of it is yet

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Speaker 1: to be recovered, uh and and that physical evidence has

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Speaker 1: to be analyzed, will be probably hundreds of pieces of

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Speaker 1: physical evidence to be uh analyzed here. So we are

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Speaker 1: at the beginning, but there is enough evidence to charge

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Speaker 1: this defendant at that at this point right now, absolutely, David,

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Speaker 1: I'm assuming that there's an intense uh questioning session that's

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Speaker 1: going on right now. Tell me if if you see

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Speaker 1: it differently. I remember the Marathon bombers at this point.

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Speaker 1: I believe they were a question for sixteen hours or

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Speaker 1: something like that. At least the older brother was. What's

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Speaker 1: happening to David Schwartz right now? I'm sorry to the

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Speaker 1: to this aspect right now. Right well, he has to

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Speaker 1: be given his Miranda warnings and like any other defendant,

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Speaker 1: if he's um you know, if he's on the ball,

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Speaker 1: he'll invoke his right to an attorney and the questioning

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Speaker 1: would have to stop. That's what any defendant should do

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Speaker 1: in any case, no matter how heinus the crime is.

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Speaker 1: And this is certainly a heinous crime. So assuming that happens,

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Speaker 1: and the questioning has to stop. But if if this

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Speaker 1: defendant does not invoke his right to an attorney or

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Speaker 1: and and decides to speak, there'll be a lot of questioning.

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Speaker 1: I think a big focus will be who who else

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Speaker 1: is involved here? Is it just this one person? We

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Speaker 1: don't know that right now? So are there any other suspects?

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Speaker 1: Did he receive any help? Are there any co conspirator?

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Speaker 1: Spurreit is out there? Is this part of a bigger movement?

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Speaker 1: You know, there's a lot of unanswered questions here. So

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Speaker 1: that will that's gonna be a whole another investigation altogether.

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Speaker 1: Along with gathering evidence against this defendant, the question becomes

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Speaker 1: who else is involved? How are you if if you're

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Speaker 1: defending this case, David, how are you going about it?

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Speaker 1: Obviously you're gonna lose this case, right What would the

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Speaker 1: narrative be that you're building starting now? Well? Well as

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Speaker 1: a criminal defense, attorney. It's never obvious that you're gonna

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Speaker 1: lose any case. I've never felt that way in my

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Speaker 1: entire life, and I know most criminal defense attorneys have not. However,

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Speaker 1: obviously this is a different type of case. So so so, look,

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Speaker 1: you've got to approach the case like any other case.

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Speaker 1: You've got to challenge all the prosecution's evidence, you've got

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Speaker 1: to challenge all their theories. You've got to keep all

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Speaker 1: your defenses alive, including the defense, the insanity defense, because

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Speaker 1: we may be dealing with an insanity insanity defense here. Uh, look,

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Speaker 1: you gotta, you gotta, you gotta protect your client. That's

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Speaker 1: what the sixth Amendment calls for, calls for the passionate

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Speaker 1: representation of a criminal defendant, and certainly every every criminal

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Speaker 1: defendant deserves that, and every criminal defendant must be presumed

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Speaker 1: innocent until proven guilty beyond a reasonable doubt and the

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Speaker 1: same standards. That's what's that's what's beautiful and wonder full

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Speaker 1: about our great nation that no matter how the crime is,

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Speaker 1: every criminal defendant has those rights. And that's why the

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Speaker 1: prosecution as their burden and they are obviously they're gonna

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Speaker 1: be gathering evidence and and and going to uh you know,

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Speaker 1: you know, going for a conviction. How to New York

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Speaker 1: police look today, David. This ended up with a tipster

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Speaker 1: finally leading them after thirty hours, with hundreds of officers

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Speaker 1: looking for this individual who apparently was going on his

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Speaker 1: way to hide very well. I mean he was like,

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Speaker 1: I don't know, he was walking around the but at

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Speaker 1: McDonald's that you know, uh that the police looked fine.

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Speaker 1: I mean, I mean this that you know, I'm sure

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Speaker 1: they takes a while sometimes the city of nine million people,

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Speaker 1: it's a big city. Um, there's a lot of uh

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Speaker 1: you know, we have no idea where he was hiding

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Speaker 1: before this, and and um, you know, I think that

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Speaker 1: I think the police did their investigation. I think certainly, uh,

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Speaker 1: capturing someone within one day is very reasonable. Uh you know,

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Speaker 1: I'd like to hear more about these cameras that weren't

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Speaker 1: working in the subway system. Does that become part of

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Speaker 1: the case, David, the what the cameras you're working? You know,

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Speaker 1: if you're look, if you're building a defense, does that

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Speaker 1: have anything? Is or is there just this video from

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Speaker 1: social media from other security from businesses and so forth.

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Speaker 1: Apparently according to the empty a you know, those cameras

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Speaker 1: may or may not have been working, but there were

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Speaker 1: hundreds of other cameras that were working, and they had

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Speaker 1: him uh in the subway system. Right. We haven't seen

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Speaker 1: that video yet, but apparently that video exists. But look,

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Speaker 1: as a defense attorney, you you need to challenge every

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Speaker 1: single piece of evidence. They're gonna challenge the evidence. That's

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Speaker 1: certainly going to be making a lot of uh emotions

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Speaker 1: to preclude evidence in this case. And the defense attorneys

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Speaker 1: are gonna do their jobs, and I'm sure they're going

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Speaker 1: to do a great job. But getting back to the police. Uh,

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Speaker 1: you know, this NYPD is the best in the world,

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Speaker 1: and and certainly capturing this defendant, um within a day

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Speaker 1: is not unreasonable. From here, they try to build a motive, David,

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Speaker 1: how do they do that? Does it start on social media?

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Speaker 1: Or is it interviewing the actual suspect? Sure, I mean

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Speaker 1: all the above. So yeah, interviewing that you suspect if

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Speaker 1: he decides to speak, which he has a right not

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Speaker 1: to speak, um, and he has a right to an attorney, um.

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Speaker 1: So so so keep that in mind. And and also

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Speaker 1: the social media is certainly very compelling evidence. It gives

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Speaker 1: a lot it gives a lot towards his motive. They're

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Speaker 1: gonna be conducting searches of places where he resided, and

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Speaker 1: they're gonna try to find all types of evidence. There's

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Speaker 1: there's so much evidence to be gathered right now. They're

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Speaker 1: gonna be speaking to witnesses that his neighbors and and

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Speaker 1: other people that he spoke to. You know, apparently he's

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Speaker 1: a very troubled person, clearly, clearly troubled. But he's made

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Speaker 1: a lot of statements, a lot of hate speech, a

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Speaker 1: lot of racist speech, and all this needs to be

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Speaker 1: gathered to develop a motive. Makes the defense more difficult

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Speaker 1: the more a motive becomes clear or no dat, Yeah,

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Speaker 1: of course, yeah, this I mean, look, I'm not trying

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Speaker 1: to underplay the defense, and the defense is up against

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Speaker 1: the world right now. Of course, it's a very tough

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Speaker 1: case from a defense standpoint, but um, you want to

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Speaker 1: chop into that motive also as a defense attorney. But

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Speaker 1: the prosecution really needs to develop the motive, especially for

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Speaker 1: the terrorism charges. You know, you know, you you need

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Speaker 1: that you need to show that intent. You need to

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Speaker 1: show that intent to cause havoc amongst a civilian population.

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Speaker 1: That's really the crux of the terrorism statute. Certainly you've

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Speaker 1: got this mass shooting, right, but but but then it

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Speaker 1: would just be a mass shooting. But what makes it terrorism.

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Speaker 1: I'm out of time. I just wonder how many years

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Speaker 1: before a trial. Oh, it could be a year, it

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Speaker 1: could be two years, you know, David Schwartz, great conversation.

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Speaker 1: I'm deletted. You came in New York criminal defense attorney

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Speaker 1: Gursman Schwartz on Sound On. I'm Joe Matthew the panel. Next,

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Speaker 1: this is Bloomberg. You're listening to Bloomberg. You sound on

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Speaker 1: with Joe Matthew on Bloomberg Radio. A twenty one year

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Speaker 1: old man from Syria says he helped with the apprehension

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Speaker 1: of Frank James. Natalie Wong has the story on the terminal.

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Speaker 1: His name, Zack to Han. Was working security for a

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Speaker 1: shop near St. Mark's Place, First Avenue the East Village.

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Speaker 1: Saw somebody walk by on the cameras who looked a

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Speaker 1: lot like the photos that we had seen of Frank James.

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Speaker 1: Natalie Wong actually spent a little bit of time with

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Speaker 1: him in the neighborhood. Here's what Zach said. The camera

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Speaker 1: from the screen and I oh, my god, that's that guy.

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Speaker 1: He killed. Incredible. As we assemble the panel now Bloomberg

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Speaker 1: Politics contributor of Republican strategist Rick Davis, and joining again

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Speaker 1: today by Joe Crowley, former New York Congressman and Democratic

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Speaker 1: Caucus chairman. It's great to have both of you with us. Joe,

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Speaker 1: I'm going to start with you as a New Yorker.

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Speaker 1: Somebody had said to me earlier today that unlike any

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Speaker 1: other city, this one has the ability to lay down

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Speaker 1: a blanket to connect the dots between all of the

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Speaker 1: people on this island. But the alert out to find

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Speaker 1: somebody like this, and Joe, by god, it was it

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Speaker 1: was a bystander who made a tip that brought this

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Speaker 1: to a close. What does it say about it's it's, it's,

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Speaker 1: it's it's nothing. Sort of remarkable in so new respects,

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Speaker 1: but also, uh, you know, it's New York and people

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Speaker 1: pay attention to what's going on. I think it also

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Speaker 1: is reflective of the post nine eleven world, Um, that

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Speaker 1: people are more conscious about who's around them, maybe maybe

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Speaker 1: keeping their eyes open a bit. And that's not a

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Speaker 1: bad thing, um. But you also have to think of

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Speaker 1: the of a police work that went into this as well.

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Speaker 1: And and really you know now closing those avenues of

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Speaker 1: escape I think for Mr Frank James. But this is

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Speaker 1: all hands on deck, citizens doing their part to to

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Speaker 1: to to bring this man to justice for it. What

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Speaker 1: are you attempted to do? And that was to murder

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Speaker 1: innocent men and women and children, I suspect Rick Davis.

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Speaker 1: We're going to be learning a lot more in the

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Speaker 1: days ahead, the weeks ahead. Is this case is built,

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Speaker 1: a motive is established, they release more information on the

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Speaker 1: evidence and so forth. But there's already a federal terrorism charge.

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Speaker 1: What does that tell you? Well, that tells me they're

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Speaker 1: playing to win. Um. I was very impressed at the

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Speaker 1: very first thing we heard after the arrest was that

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Speaker 1: the Eastern District of New York U S. Attorney has

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Speaker 1: charged him with a federal terrorism charge. And you know

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Speaker 1: that's that's heavy white stuff. And I think they're throwing

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Speaker 1: a they're throwing the book at this guy, and as

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Speaker 1: well they should. How do you think he looked today, Rick?

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Speaker 1: Thirty hours the man hunt, Uh, it's already shut down.

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Speaker 1: Although there were people who were complaining this morning that

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Speaker 1: they didn't know if they should get on the subway

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Speaker 1: because he had been apprehended yet. Yeah, I thought David

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Speaker 1: Schwartz made a good point where you just interviewed, said,

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Speaker 1: you know that you know, New York has got the

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Speaker 1: best police force in in the world and and they

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Speaker 1: proved it today. I mean, thirty hours on the lamb

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Speaker 1: uh still within the boroughs uh and they found him

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Speaker 1: regardless of of who called it in, they were right

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Speaker 1: there to pick him up at the time. And um,

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Speaker 1: And you know, I think it's I think it's great.

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Speaker 1: I think one of the things that that it proves

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Speaker 1: is having cops on the street and being ever vigilant

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Speaker 1: pays off. And I think you know, folks like uh um,

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Speaker 1: AOC who would like to see fewer cops on the

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Speaker 1: street and one who protested having a bigger presence in

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Speaker 1: the m T a h with police, are going to

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Speaker 1: learn their lesson through this. Joe Crowley has a pretty

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Speaker 1: unique view of of AOC as you put it, Rick.

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Speaker 1: But you know, with all seriousness, Joe and we talked

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Speaker 1: about this on Balance of Power yesterday. The sort of

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Speaker 1: politics behind this, the view of some Democrats or the

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Speaker 1: Democratic Party at large as being soft on crime. To

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Speaker 1: events like this turned the AOC's attention back to law

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Speaker 1: enforcement maybe change some feelings in the Democratic Party. Well,

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Speaker 1: I don't think that the the the opinions of a

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Speaker 1: few should be really aligned with the entire party. It's

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Speaker 1: just the same way I don't think that all Republicans

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Speaker 1: are against sensible gun control, you know, So if I

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Speaker 1: thought that we never be able to get anything done

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Speaker 1: at all, so I think that, you know, as E. J.

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Speaker 1: Dion has an account and the post at Washington Post,

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Speaker 1: he said, our politics treat crime as an issue to

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Speaker 1: be exploited, not a problem to be solved. And I

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Speaker 1: think that's also, unfortunately the politics of our country right

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Speaker 1: now every and Democrats use it against republic and advice

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Speaker 1: a verse. I just mentioned the gun issue. Um, but

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Speaker 1: these are real people's lives at stake, and we shouldn't be,

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Speaker 1: you know, assigning these isms to parties for purely political purposes.

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Speaker 1: If at the end of the day it's not to

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Speaker 1: actually get anything done, it doesn't serve anyone's benefit. And

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Speaker 1: I know, listen, you know, when I was running in

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Speaker 1: my prime rate, my opponent at the COMMUNOC came out

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Speaker 1: to UH to get rid of ice, and I could

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Speaker 1: not a good conscience say that I would never do that, um,

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Speaker 1: and so you know I don't. At the same time,

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Speaker 1: I think that we should see the police should get

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Speaker 1: rid of all police officers. You know, you can't have

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Speaker 1: a civil society without having some form of protection for

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Speaker 1: the rights of people, but also police departments need to

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Speaker 1: respect the civil rights of the citizenry as well. I

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Speaker 1: think you can have both that protection and the protection

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Speaker 1: of civil rights. Joe Crowley and Rick Davis with us

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Speaker 1: on Bloomberg Sound On. We have ranking news from the

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Speaker 1: seated press that confirms what some folks had actually asked

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Speaker 1: about during the briefing earlier. The subway shooting suspect Frank

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Speaker 1: James called police on himself gave his location before the arrest,

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Speaker 1: according to law enforcement officials. Talking with the a P,

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Speaker 1: he said, I'm Matt McDonald's. We'll learn more about this

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Speaker 1: and explore the charges at least as they stand now.

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Speaker 1: Coming up with June Grosso, the host of Bloomberg Law

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Speaker 1: be curious to pick June's brain on this one because

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Speaker 1: we have a lot to learn. Still, Jack Markets and

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Speaker 1: traffic on the way stay with us the Fastest hour

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Speaker 1: in Politics. I'm Joe Matthew, This is Bloomberg joined in

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Speaker 1: studio here at Bloomberg World headquarters by June Grosso. I'm

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Speaker 1: so glad we could work this out, the host of

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Speaker 1: Bloomberg Law, and you must be working on a doozy

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Speaker 1: for ten o'clock tonight. Wall Street Team, we get you first. Uh,

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Speaker 1: just to start off with this headline. It's great to

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Speaker 1: see you with this headline about out and we already

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Speaker 1: knew there were tipsters. He called the police on himself.

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Speaker 1: I don't know if that changes the contours of this

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Speaker 1: case very much to you. But should we believe that

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Speaker 1: there could have been dozens of calls coming into police? Oh,

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Speaker 1: I'm sure there were. Whenever they have anything like this

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Speaker 1: where there's a reward of fifty dollars offered, you know,

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Speaker 1: those those lines are going. But from what I understand,

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Speaker 1: even if he did call them on himself, it was

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Speaker 1: a couple of you know, New Yorkers who spotted him

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Speaker 1: from the photos that have been and said to the oh,

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Speaker 1: here he is here. He is so who knows. I

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Speaker 1: don't know. I think that it changes things except maybe

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Speaker 1: to bring up perhaps some kind of mental kind of defense.

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Speaker 1: You know, he's not in control of what he's doing.

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Speaker 1: He doesn't know right from wrong, that kind of thing,

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Speaker 1: which is very hard, by the way to prove. But

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Speaker 1: but that action may speak to his mental state and

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Speaker 1: it will play into this case. And also I heard

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Speaker 1: a quote from his sister that was something like he's

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Speaker 1: always been alone his whole life. So we don't know

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Speaker 1: where it's going. We heard from David Schwartz earlier in

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Speaker 1: the broadcast. Criminal defense attorney says, you know they're going

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Speaker 1: to be charges rolled out over the course of days, weeks,

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Speaker 1: and likely months, where this thing is going to be,

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Speaker 1: you know, much larger than it is now. But there

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Speaker 1: is a charge that has been filed. What do you

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Speaker 1: know about so they're charging him it's eighteen you in

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Speaker 1: case you want the lingo, it's eighteen Usc. Nine two

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Speaker 1: A seven because we lawyers love those subdivisions and divisions

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Speaker 1: and it prohibits terrorism or other violent attacks against mass

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Speaker 1: transportation system. So you see where that fits in directly here. Um,

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Speaker 1: there are other charges that they could file against him,

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Speaker 1: and I think you know they're right, they're going to

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Speaker 1: as the days go on, they're going to be looking

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Speaker 1: at it before maybe even Thursday, when he's I rained

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Speaker 1: you'll see more. But the problem, you know, the problem

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Speaker 1: is that people say, oh, you know, charging with terrorism.

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Speaker 1: There is no real domestic, standalone domestic terrorism federal domestic

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Speaker 1: terrorism law in this country. And it's come up a

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Speaker 1: lot since January six because, as you're called her, a

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Speaker 1: lot of lawmakers saying, well, we should have this, and

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Speaker 1: others saying well that old story like, you don't really

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Speaker 1: need it. You have other things to charge him under.

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Speaker 1: So they're charging him under this at this point it

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Speaker 1: does carry life in prison without parole. So the last

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Speaker 1: time we had an attack like this, uh in a

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Speaker 1: subway station was Time Square during rush hour and it

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Speaker 1: was a pipe bomb that exploded and amazingly no one

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Speaker 1: was injured. Just like this is amazing that no one

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Speaker 1: was seriously injured. In fact, we don't talk enough about that.

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Speaker 1: I mean, the police are getting a lot of credit here,

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Speaker 1: the first responders, the people in the hospital deserve a

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Speaker 1: lot of credit here. I mean they save lives. We

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Speaker 1: had people in critical condition in the outset. Remarkable and

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Speaker 1: that is something that we have to remind ourselves off here.

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Speaker 1: What's this arrangement going to look like on Thursday? The

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Speaker 1: arrangement he's got a federal public defender assigned to him,

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Speaker 1: so that right away shows that he doesn't have the

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Speaker 1: money to have. Of course, they'll probably be lawyers now

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Speaker 1: wanting to represent him pro bono because of the high

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Speaker 1: profile nature of the trial. So all that's going to happen.

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Speaker 1: He is going to go into the courtroom and they're

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Speaker 1: going to announce the charges, read the charges to him,

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Speaker 1: and he'll plead guilty or not guilty, not guilty most likely.

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Speaker 1: I've never heard anyone pleading guilty, you know, that would

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Speaker 1: really show something. Then the process of establishing a motive,

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Speaker 1: right well, that's one thing that no one knows they've

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Speaker 1: been talking about. You know that he was looking at

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Speaker 1: at videos and saying things about mayor Adams, But no

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Speaker 1: one really has a motive here, and maybe there isn't

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Speaker 1: a motive. Does that matter in a lone wolf situation

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Speaker 1: like this, if he's disgruntled, does it matter who he's angry?

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Speaker 1: You don't. You don't need a motive in these case.

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Speaker 1: You don't need a motive at all in any kind,

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Speaker 1: despite what you see on TV shows where you know

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Speaker 1: everyone has what's the motive? You don't need a motive

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Speaker 1: in these in any kind of case like this and

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Speaker 1: what's but prosecutors like to give a motive because the

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Speaker 1: jury likes to hear that. They want to know what

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Speaker 1: may what made this happen, so you know they'll come

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Speaker 1: up with something when they do. I mean, look at

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Speaker 1: all they've done already. It's only a day since this happened,

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Speaker 1: and they've already they could shut this down right now

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Speaker 1: they say, proved this case based on the evidence that

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Speaker 1: we already know about. Actually and as I as we

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Speaker 1: said in the break, I mean they've already been to

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Speaker 1: Philadelphia to the warehouse. They've recovered all kinds of of

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Speaker 1: ammunition and guns and stuff with a no knock warrant,

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Speaker 1: which means they didn't have to announce anything, just go

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Speaker 1: right in. And um, you rarely get those. So how

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Speaker 1: long is this going to take? People are used to

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Speaker 1: these lasting years. Are we looking at the two to

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Speaker 1: three year span before we're actually at trial or before

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Speaker 1: there's They might mean this faster than than usual, they

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Speaker 1: might move it, but yeah, I would say at least

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Speaker 1: a year before there's a trial. And you know, there

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Speaker 1: is always the possibility of a plea bargain. But I

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Speaker 1: don't know what. They probably would not give him anything

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Speaker 1: less than life in prison because he apparently has a

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Speaker 1: criminal background, so some records, so that might eliminate that.

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Speaker 1: But I think this is going to bring up, you know,

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Speaker 1: once again the question of whether we should have a

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Speaker 1: domestic terrorism law in this country, and um, you know

428
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Speaker 1: that's always been a question instead of just doing this

429
00:24:12,359 --> 00:24:16,280
Speaker 1: piece meal. And um, when we start talking about victims compensation,

430
00:24:16,440 --> 00:24:20,600
Speaker 1: is that the conversation that's looming. I don't I mean,

431
00:24:21,400 --> 00:24:24,440
Speaker 1: I don't think that he probably has no money to

432
00:24:24,520 --> 00:24:28,480
Speaker 1: compensate the victims, but so and I don't know what

433
00:24:28,760 --> 00:24:32,440
Speaker 1: kind of victims compensation fund would be. I mean, probably

434
00:24:32,520 --> 00:24:34,399
Speaker 1: there will be people who will raise money for that.

435
00:24:34,720 --> 00:24:37,320
Speaker 1: Will there be lawsuits if that it's proven that that

436
00:24:37,480 --> 00:24:41,879
Speaker 1: camera was malfunctioning? If? I think there usually are lawsuits

437
00:24:41,960 --> 00:24:45,200
Speaker 1: when things like this are involved. I mean, lawyers find

438
00:24:45,240 --> 00:24:47,680
Speaker 1: a way to sue and if there's any kind of

439
00:24:47,840 --> 00:24:51,159
Speaker 1: negligence on the part of the m t A. Or

440
00:24:51,640 --> 00:24:54,399
Speaker 1: I think the police department was was pretty you know,

441
00:24:54,760 --> 00:24:57,760
Speaker 1: rapidly rapidly responded and stuff here, But there could be Yeah,

442
00:24:57,800 --> 00:25:01,399
Speaker 1: there could be lawsuits. Um. June Grasso, what questions are

443
00:25:01,440 --> 00:25:06,040
Speaker 1: you asking tonight at ten at ten, I'm I'm talking

444
00:25:06,080 --> 00:25:09,119
Speaker 1: about domestic terrorism too, and you know what, what do

445
00:25:09,240 --> 00:25:11,720
Speaker 1: we need a domestic terrorism laws? And enough that we

446
00:25:11,840 --> 00:25:14,639
Speaker 1: have this now, could anything else have been done? And

447
00:25:14,720 --> 00:25:17,120
Speaker 1: also just you know the point of there's so much

448
00:25:17,320 --> 00:25:20,760
Speaker 1: the crime, the rising crime in New York City has

449
00:25:20,840 --> 00:25:25,840
Speaker 1: been just awful to look at. And but finally we

450
00:25:25,920 --> 00:25:29,640
Speaker 1: have this huge incident which really pointed up before there

451
00:25:29,760 --> 00:25:32,040
Speaker 1: this incident. There's a one incident in the West Side

452
00:25:32,119 --> 00:25:35,960
Speaker 1: here there, but this is like so big that I think,

453
00:25:36,000 --> 00:25:38,480
Speaker 1: you know, they have to address the whole issue. And

454
00:25:38,560 --> 00:25:40,920
Speaker 1: that's what Mayor Adams was elected for. Let's face it,

455
00:25:41,280 --> 00:25:43,159
Speaker 1: he was the law and order candidate, and he was

456
00:25:43,160 --> 00:25:44,760
Speaker 1: the one who said I'm a I was a cop,

457
00:25:45,200 --> 00:25:46,879
Speaker 1: I can do this. So now we'll say I can

458
00:25:46,960 --> 00:25:51,040
Speaker 1: get people back on the subway. Fascinating as always to

459
00:25:51,119 --> 00:25:53,680
Speaker 1: spend time with June Grasso. Thank you, Junior. Don't miss

460
00:25:53,680 --> 00:25:56,200
Speaker 1: Bloomberg Law tonight ten o'clock Wall Street Time here on

461
00:25:56,280 --> 00:25:59,639
Speaker 1: Bloomberg Radio, the best in the biz. We reassemble the

462
00:25:59,680 --> 00:26:02,920
Speaker 1: panel next Joe Crowley and Rick Davis coming back on

463
00:26:03,080 --> 00:26:06,520
Speaker 1: sound on the fastest hour in politics. I'm Joe Matthew,

464
00:26:06,680 --> 00:26:13,560
Speaker 1: This is Bloomberg. You're listening to Bloomberg. You sound on

465
00:26:14,119 --> 00:26:21,040
Speaker 1: with Joe Matthew on Bloomberg Radio. Hearing NYPD Chief of

466
00:26:21,200 --> 00:26:27,600
Speaker 1: Detectives James described what happened inside that train car when

467
00:26:27,680 --> 00:26:31,920
Speaker 1: Frank James carried out his attack is chilling. This happened today.

468
00:26:32,040 --> 00:26:35,199
Speaker 1: During today's briefing announcing the arrest, announcing that he had

469
00:26:35,800 --> 00:26:39,199
Speaker 1: been taken into custody, Essex telling reporters what investigators had

470
00:26:39,280 --> 00:26:42,919
Speaker 1: heard from eyewitnesses on the train. We we have witnesses

471
00:26:43,000 --> 00:26:45,760
Speaker 1: on the train who said he was sitting in the

472
00:26:45,840 --> 00:26:49,639
Speaker 1: back corner of the second car, uh and he popped

473
00:26:50,800 --> 00:26:55,160
Speaker 1: uh the smoke radade. And we have one witness who says,

474
00:26:56,920 --> 00:26:59,080
Speaker 1: what did you do? He goes, oops, and then it pops.

475
00:26:59,119 --> 00:27:02,280
Speaker 1: The two Brandison is the fire ump and fires thirty

476
00:27:02,359 --> 00:27:06,520
Speaker 1: three times, fires thirty three times. It's hard to imagine

477
00:27:06,560 --> 00:27:07,960
Speaker 1: what you would do, when any of us would do

478
00:27:08,840 --> 00:27:12,560
Speaker 1: in that scenario. But there was just something chilling to

479
00:27:12,800 --> 00:27:17,280
Speaker 1: hear that he said oops after he popped the first canister.

480
00:27:19,640 --> 00:27:22,800
Speaker 1: Went on to ask for other witnesses to come forward.

481
00:27:22,880 --> 00:27:26,160
Speaker 1: They haven't likely spoken with everyone yet who was there,

482
00:27:27,040 --> 00:27:29,760
Speaker 1: and so we do have an enormous amount to learn. Left,

483
00:27:29,840 --> 00:27:33,399
Speaker 1: let's reassemble the panel. Glad to be joined today by

484
00:27:33,520 --> 00:27:38,360
Speaker 1: Rick Davis, Sploomberg Politics contributor, Republican Strategists, joined with or by,

485
00:27:38,440 --> 00:27:40,600
Speaker 1: I should say, Joe Crowley, the former New York Congressman

486
00:27:40,640 --> 00:27:44,600
Speaker 1: Democratic Caucus Chair. Uh Rick, It's hard to fathom what

487
00:27:45,040 --> 00:27:48,240
Speaker 1: those people went through, the fear that they felt, but

488
00:27:48,400 --> 00:27:50,399
Speaker 1: we do need to hear from more of them. How

489
00:27:50,480 --> 00:27:54,159
Speaker 1: important is it to kind of rebuild that scene when

490
00:27:54,200 --> 00:27:58,400
Speaker 1: they were underground and nobody was watching, you know, It's

491
00:27:58,560 --> 00:28:01,320
Speaker 1: it's well beyond just lesson learned, right, There'll be plenty

492
00:28:01,359 --> 00:28:03,440
Speaker 1: of that done in the aftermath of this is to

493
00:28:03,520 --> 00:28:06,119
Speaker 1: how to prevent this from happening again. But I think

494
00:28:06,160 --> 00:28:09,200
Speaker 1: when you talk about like the psychological impact of being

495
00:28:09,240 --> 00:28:12,400
Speaker 1: on a train, you know, you're in enclosed space. Uh

496
00:28:12,760 --> 00:28:15,600
Speaker 1: You've you've you know, you've you've got some fear already,

497
00:28:15,800 --> 00:28:18,359
Speaker 1: because the same subway is not like a walk in

498
00:28:18,440 --> 00:28:21,200
Speaker 1: the park every day, and and and and all of

499
00:28:21,280 --> 00:28:23,920
Speaker 1: a sudden, it's filled with smoke and there's gunfire. I mean,

500
00:28:24,040 --> 00:28:26,920
Speaker 1: it's just unbelievable. I saw one narrative about a woman

501
00:28:27,000 --> 00:28:31,399
Speaker 1: who was protecting another woman who was pregnant. I mean,

502
00:28:31,520 --> 00:28:33,720
Speaker 1: just the idea that there's a pregnant woman on that

503
00:28:33,840 --> 00:28:36,600
Speaker 1: train in the middle of this reign of gunfire is

504
00:28:36,680 --> 00:28:39,160
Speaker 1: just chilling to me to read these articles. And they

505
00:28:39,240 --> 00:28:43,040
Speaker 1: will carry that forever. Uh, Joe Crowley, this is part

506
00:28:43,080 --> 00:28:45,840
Speaker 1: of the New York story that we are telling here,

507
00:28:45,880 --> 00:28:49,040
Speaker 1: and obviously, Uh, these victims need to be cared for.

508
00:28:49,480 --> 00:28:53,120
Speaker 1: How do you compel other people to come forward? Well,

509
00:28:53,240 --> 00:28:57,120
Speaker 1: I think, uh, first of all, there's a calculated risk

510
00:28:57,200 --> 00:29:00,320
Speaker 1: of living in New York City. Carriers you take the

511
00:29:00,360 --> 00:29:02,960
Speaker 1: good and the bad. And I think we've known that.

512
00:29:03,080 --> 00:29:06,120
Speaker 1: I grew up during the seventies and the eighties and

513
00:29:06,240 --> 00:29:08,240
Speaker 1: the dark some of the darker days in New York

514
00:29:08,320 --> 00:29:10,959
Speaker 1: and it still was a great, wonderful city in its

515
00:29:11,000 --> 00:29:15,080
Speaker 1: own right. But look, you know, uh, it's important for

516
00:29:15,320 --> 00:29:17,720
Speaker 1: people to be able to rely on the subway to

517
00:29:17,800 --> 00:29:20,120
Speaker 1: get to and from work to school and to have

518
00:29:20,280 --> 00:29:22,760
Speaker 1: faith in it. And we've had incidents in the past,

519
00:29:22,800 --> 00:29:25,840
Speaker 1: have been derailments, there have been other incidents that have

520
00:29:25,960 --> 00:29:28,320
Speaker 1: taken place, and New Yorker is a pretty spirited to

521
00:29:28,360 --> 00:29:30,360
Speaker 1: get right back up on the horse and they keep

522
00:29:30,400 --> 00:29:33,240
Speaker 1: going again. And I think that's what's important to here, um,

523
00:29:33,720 --> 00:29:36,400
Speaker 1: and that New Yorker has worked together to whether he

524
00:29:36,800 --> 00:29:38,840
Speaker 1: turned himself in or it was a combination of all

525
00:29:38,880 --> 00:29:41,840
Speaker 1: this is working there with police department, that the recognized

526
00:29:41,880 --> 00:29:44,120
Speaker 1: recognizing that we have to work with each other in

527
00:29:44,280 --> 00:29:46,840
Speaker 1: order to prevent things from happening in the future or

528
00:29:46,960 --> 00:29:48,880
Speaker 1: to react to them when they do happen. How do

529
00:29:48,920 --> 00:29:50,920
Speaker 1: you get people back on the train though, Joe Crowley,

530
00:29:51,240 --> 00:29:54,040
Speaker 1: this is something that is now in the air that

531
00:29:54,240 --> 00:29:56,560
Speaker 1: seen people have They're looking at it on Twitter on

532
00:29:56,640 --> 00:29:58,840
Speaker 1: their phones. So you know what, I think, maybe I'll

533
00:29:58,840 --> 00:30:01,080
Speaker 1: stay home and work from home, or maybe I'll take

534
00:30:01,120 --> 00:30:03,840
Speaker 1: you over to work. You know, for some people it's

535
00:30:03,880 --> 00:30:06,400
Speaker 1: gonna be hard. Some people it's gonna be difficult, you know,

536
00:30:06,560 --> 00:30:09,280
Speaker 1: to do that. But as I said, New York New

537
00:30:09,320 --> 00:30:13,720
Speaker 1: Yorkers are resilient and we find ways to overcome those

538
00:30:13,800 --> 00:30:16,880
Speaker 1: heres and because we need to, New York needs to

539
00:30:16,920 --> 00:30:19,640
Speaker 1: continue to operate. Um. You know, there are fears of

540
00:30:19,800 --> 00:30:22,680
Speaker 1: terrorism events in the past, you know, since even prior

541
00:30:22,760 --> 00:30:26,320
Speaker 1: to Night eleven, uh, you know, the concerns about sarin

542
00:30:26,400 --> 00:30:29,000
Speaker 1: gas and other things that potentially could happen there, and

543
00:30:29,200 --> 00:30:32,800
Speaker 1: it's it's impossible. We've event every possible thing from happening.

544
00:30:33,640 --> 00:30:37,960
Speaker 1: We know over night eleven uh unbelievable happened that day.

545
00:30:38,160 --> 00:30:40,360
Speaker 1: We never thought anything like that could have happened, and

546
00:30:40,440 --> 00:30:43,520
Speaker 1: yet it did happen. And so whether it's in New

547
00:30:43,600 --> 00:30:47,000
Speaker 1: York or Omaha or wherever we may be, we just

548
00:30:47,080 --> 00:30:49,120
Speaker 1: have to keep on living our lives and keep on

549
00:30:49,400 --> 00:30:53,040
Speaker 1: going because that's what we do. That's that's what makes

550
00:30:53,120 --> 00:30:55,600
Speaker 1: New York and makes his country so great, but particularly

551
00:30:55,680 --> 00:30:57,880
Speaker 1: New York. We get back up on the horse and

552
00:30:57,920 --> 00:31:01,800
Speaker 1: we keep riding, and that's well, we have to depress it.

553
00:31:01,920 --> 00:31:04,440
Speaker 1: The mayor is going to do that, um and I

554
00:31:04,520 --> 00:31:06,280
Speaker 1: think average New York is going to do that as well.

555
00:31:06,440 --> 00:31:09,000
Speaker 1: What's going to be the impact? Rick Davis in Washington,

556
00:31:09,080 --> 00:31:12,440
Speaker 1: we've talked about the remarkable timing. The President Biden held

557
00:31:12,600 --> 00:31:15,600
Speaker 1: a gun control and an anti crime event the night

558
00:31:15,680 --> 00:31:18,440
Speaker 1: before this happened at the White House there and with

559
00:31:18,640 --> 00:31:20,719
Speaker 1: ghost guns in the Rose Garden, and here we are

560
00:31:21,440 --> 00:31:24,080
Speaker 1: just two days later having this conversation. He was criticized

561
00:31:24,120 --> 00:31:27,280
Speaker 1: by Republicans for pursuing gun control, and of course he's

562
00:31:27,320 --> 00:31:31,280
Speaker 1: been criticized by Republicans as well for being as as

563
00:31:31,360 --> 00:31:34,400
Speaker 1: they have termed it soft on crime, But of course

564
00:31:34,480 --> 00:31:36,920
Speaker 1: he's not relying on the legislature to get this done.

565
00:31:36,960 --> 00:31:41,600
Speaker 1: I just wonder if there's any further response on Capitol Hill. Yeah,

566
00:31:41,680 --> 00:31:46,000
Speaker 1: I'm sure that um, the Balkanization will continue, right, that

567
00:31:46,240 --> 00:31:50,160
Speaker 1: Republicans will continue to push for more funding and and

568
00:31:50,360 --> 00:31:52,680
Speaker 1: and and more support for a police And I would say,

569
00:31:52,760 --> 00:31:54,760
Speaker 1: I mean, you know, when you look at uh, this

570
00:31:54,960 --> 00:31:58,440
Speaker 1: last year's budget and all the earmarks that were placed

571
00:31:58,480 --> 00:32:01,240
Speaker 1: in it, a lot, if not maybe the majority of

572
00:32:01,360 --> 00:32:05,120
Speaker 1: Democratic lawmakers were asking for earmarks for their local police departments.

573
00:32:05,480 --> 00:32:07,840
Speaker 1: So it's not a one sided argument in regards to

574
00:32:08,640 --> 00:32:11,760
Speaker 1: local crime fighting. But I do think it will uh

575
00:32:11,960 --> 00:32:15,280
Speaker 1: stoke up again as it always does, um the gun debate,

576
00:32:15,520 --> 00:32:18,360
Speaker 1: and and you know, we're gonna now hear what kind

577
00:32:18,360 --> 00:32:21,320
Speaker 1: of arsenal this guy had. Uh seems like he had

578
00:32:21,400 --> 00:32:24,120
Speaker 1: quite a bit of weapons at his disposal. And the

579
00:32:24,240 --> 00:32:26,600
Speaker 1: question is going to be, you know, should we make

580
00:32:26,640 --> 00:32:28,640
Speaker 1: it that easy? And and that's that's not going to

581
00:32:28,680 --> 00:32:30,760
Speaker 1: surprise anybody that that's going to be a hot issue

582
00:32:30,840 --> 00:32:33,320
Speaker 1: right before the midterm elections. Joe Probuby, do you expect

583
00:32:33,360 --> 00:32:36,840
Speaker 1: Republicans on Capitol Hill to to make a move legislative

584
00:32:36,920 --> 00:32:41,880
Speaker 1: leader to defang that rule change that President Biden announced

585
00:32:41,960 --> 00:32:45,360
Speaker 1: this week, or is that not possible? I think, you know,

586
00:32:45,800 --> 00:32:48,240
Speaker 1: as Rick is saying, I think the polarization on all

587
00:32:48,360 --> 00:32:52,160
Speaker 1: sides right now, UH is deep. It's very deep. And

588
00:32:53,080 --> 00:32:56,120
Speaker 1: it's hard to imagine given all the events that we've

589
00:32:56,160 --> 00:33:01,280
Speaker 1: seen happen throughout the last decade UH of increased gun violence,

590
00:33:01,400 --> 00:33:04,400
Speaker 1: the multiple events, whether it's in Sandy Hook or is

591
00:33:04,440 --> 00:33:09,080
Speaker 1: in Tampa, Uh, just everywhere in Texas and in Vegas, UH,

592
00:33:09,360 --> 00:33:13,920
Speaker 1: in Aurora, Colorado, and just everywhere, and we haven't moved.

593
00:33:14,040 --> 00:33:16,520
Speaker 1: It's hard to imagine that this is gonna move, folks.

594
00:33:16,600 --> 00:33:19,520
Speaker 1: But there's no question in my mind that James, that

595
00:33:19,680 --> 00:33:24,400
Speaker 1: that that this individual, UH Frank James should never, given

596
00:33:24,480 --> 00:33:27,520
Speaker 1: his criminal background record, ever been able to buy a

597
00:33:27,640 --> 00:33:31,240
Speaker 1: weapon because he has never charged with the felony. UM.

598
00:33:31,400 --> 00:33:35,400
Speaker 1: You know, that's simply unacceptable. Uh. He has. He's just

599
00:33:35,480 --> 00:33:37,960
Speaker 1: given his his his background and his record. And by

600
00:33:38,000 --> 00:33:39,960
Speaker 1: the way, you know, the crowd that he's been charged

601
00:33:40,040 --> 00:33:43,040
Speaker 1: with federally, we don't yet know what the motivation is.

602
00:33:43,160 --> 00:33:44,920
Speaker 1: And you know, when you do something in a subway

603
00:33:45,000 --> 00:33:48,200
Speaker 1: like this, it doesn't matter because it's it's an enclosed space,

604
00:33:48,880 --> 00:33:52,880
Speaker 1: it's a public, uh place as well, and the book

605
00:33:52,920 --> 00:33:55,040
Speaker 1: needs to be throwne there. But we still don't know

606
00:33:55,120 --> 00:33:56,720
Speaker 1: what his frame of mind is, and I think that's

607
00:33:56,720 --> 00:33:59,000
Speaker 1: gonna be important as well in terms of when when

608
00:33:59,080 --> 00:34:01,600
Speaker 1: this this case it does move forward. It's it's gonna

609
00:34:01,600 --> 00:34:03,480
Speaker 1: be interesting to know what that is. Does the president

610
00:34:03,720 --> 00:34:07,080
Speaker 1: Rick needs to start reminding people already that he's proposing

611
00:34:07,200 --> 00:34:11,960
Speaker 1: increased police funding in his new budget. Well, I hope,

612
00:34:12,160 --> 00:34:14,480
Speaker 1: I hope he does, because I think it's a positive

613
00:34:14,560 --> 00:34:17,440
Speaker 1: thing for the country and I'm sure that will resound

614
00:34:17,880 --> 00:34:21,800
Speaker 1: positively for some voters on the Democratic side. Um. And

615
00:34:21,880 --> 00:34:24,160
Speaker 1: I really thought this would have been a perfect week

616
00:34:24,239 --> 00:34:26,600
Speaker 1: for him if he was going to launch this attack

617
00:34:26,640 --> 00:34:29,800
Speaker 1: on ghost guns, to just keep campaigning on on that

618
00:34:30,000 --> 00:34:34,480
Speaker 1: and other issues about crime. But he's pivoted and talking

619
00:34:34,520 --> 00:34:38,799
Speaker 1: about infrastructure. So, um, I think one of the things

620
00:34:38,880 --> 00:34:41,160
Speaker 1: this administration has to get their heads around is do

621
00:34:41,280 --> 00:34:43,320
Speaker 1: they want to talk about crime? Is that going to

622
00:34:43,400 --> 00:34:46,480
Speaker 1: be one of the things that they're gonna tackle before

623
00:34:46,560 --> 00:34:53,520
Speaker 1: the Western Hotel? Yeah, because of the actions of this,

624
00:34:53,800 --> 00:34:57,200
Speaker 1: But like it's not like he's uh had a plan

625
00:34:57,440 --> 00:35:01,680
Speaker 1: because the ghost gun legislator regulation to go out and

626
00:35:01,719 --> 00:35:05,319
Speaker 1: actually hit the communities that have been affected by gun violence. Uh,

627
00:35:05,560 --> 00:35:09,319
Speaker 1: he's going to Iowa to talk about infrastructure and so. Uh.

628
00:35:09,640 --> 00:35:11,640
Speaker 1: You know, it's one thing to react to events of

629
00:35:11,680 --> 00:35:13,320
Speaker 1: the day. It's another thing to have a plan around that.

630
00:35:13,480 --> 00:35:16,440
Speaker 1: And what's a plan around this administration's commitment to crime? Joe,

631
00:35:16,520 --> 00:35:18,800
Speaker 1: what do you think is it time for a national

632
00:35:18,880 --> 00:35:21,880
Speaker 1: address on crime? Coming from the White House the President

633
00:35:22,360 --> 00:35:25,799
Speaker 1: in the East Room in a formal speech on this. Well,

634
00:35:25,840 --> 00:35:29,879
Speaker 1: I think it's the points. Uh, you know, it's it's consistency.

635
00:35:29,960 --> 00:35:32,480
Speaker 1: It's you have to talk about these things over and

636
00:35:32,600 --> 00:35:34,839
Speaker 1: over and over and over and over again in order

637
00:35:34,880 --> 00:35:36,520
Speaker 1: to break Troy. I think he has a good point

638
00:35:36,680 --> 00:35:38,960
Speaker 1: on that. I think we served the president well to

639
00:35:39,280 --> 00:35:41,840
Speaker 1: to do this more often. But he's dealing with a

640
00:35:41,920 --> 00:35:44,800
Speaker 1: myriad of issues. That's the least of which is a

641
00:35:44,880 --> 00:35:48,320
Speaker 1: war that going on halfway around the world. He was

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00:35:48,400 --> 00:35:53,560
Speaker 1: talking about inflation and reducing inflation by increasing the level

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00:35:53,680 --> 00:35:57,600
Speaker 1: of ethanol in gasoline, a boon to Middle American in

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00:35:57,719 --> 00:36:00,719
Speaker 1: terms of corn growing states as well. So those are

645
00:36:00,760 --> 00:36:03,920
Speaker 1: also important issues. But I think there is something to

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Speaker 1: be said for repetition, repetition when it comes to politics,

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00:36:06,719 --> 00:36:09,200
Speaker 1: when it comes to driving a message, and as the

648
00:36:09,239 --> 00:36:10,719
Speaker 1: President needs to do more of that. I agree with

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Speaker 1: on that. We'll tell you what, Rick, if you're gonna

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00:36:12,520 --> 00:36:15,080
Speaker 1: hold an event on infrastructure right now, maybe you talk

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00:36:15,160 --> 00:36:18,319
Speaker 1: about security upgrades in the New York subway system. That's

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00:36:18,360 --> 00:36:19,920
Speaker 1: where some of that money is gonna go, isn't it.

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00:36:21,760 --> 00:36:24,319
Speaker 1: Oh for sure? And uh And that's the greatest thing

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00:36:24,400 --> 00:36:27,520
Speaker 1: about this massive bill. I mean, this has got all

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00:36:27,640 --> 00:36:31,640
Speaker 1: kinds of good opportunities to tighten up and improve mass

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00:36:31,680 --> 00:36:34,839
Speaker 1: trains at all across America. But I would say too,

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Speaker 1: I mean, it's unfortunate that the Mayor of New York City,

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00:36:39,080 --> 00:36:42,200
Speaker 1: Eric Adams, has COVID, but this is a moment for

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00:36:42,320 --> 00:36:44,359
Speaker 1: him to pull the city together to he'll come out

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00:36:44,400 --> 00:36:46,840
Speaker 1: of COVID at some point soon, and I think you

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00:36:46,920 --> 00:36:49,759
Speaker 1: know he will. He will have the spotlight on him

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00:36:49,880 --> 00:36:52,920
Speaker 1: for the first time in his administration. Shelley Banjo at

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00:36:52,960 --> 00:36:56,160
Speaker 1: Blue Bird Reporting that's Eric Adams in fact, is expected

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Speaker 1: to emerge from quarantine on Saturday, So prepare for a

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00:37:00,160 --> 00:37:04,200
Speaker 1: major public event then, Rick Davis, Joe Crowley, former Congressman,

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Speaker 1: great pleasure as always our panel on what is It?

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00:37:08,040 --> 00:37:11,040
Speaker 1: The Wednesday Yes edition of Sound On. I'm Joe Matthew,

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Speaker 1: This is Bloomberg