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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: This is the Bloomberg Daybakup podcast, available every morning on Apple,

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Speaker 2: Spotify or wherever you listen. It's Monday, the fifteenth of

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Speaker 2: July in London. I'm Caroline Hepkitt.

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Speaker 1: And I'm Stephen Carroll. Coming up today. Former US President

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Speaker 1: Donald Trump's defiant display after surviving an assassination attempt helps

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Speaker 1: to supercharge his bid for reelection.

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Speaker 2: President Biden calls for cooler rhetoric as Trump says he's

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Speaker 2: rewritten his Republican convention speech.

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Speaker 1: And it's still not coming home. Heartbreak for England as

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Speaker 1: they lose the Euro Finals to one to Spain.

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Speaker 2: Let's start with a roundup of our top stories.

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Speaker 1: Donald Trump says he has rewritten his Republican National Convention

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Speaker 1: speech to call for unity instead of focusing on President

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Speaker 1: Biden after he survived an assassination attempt. In an exclusive

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Speaker 1: interview with the conservative publication The Washington Examiner, Trump's said quote,

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Speaker 1: it is a chance to bring the country together. I

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Speaker 1: was given that chance. The comments come as President Biden

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Speaker 1: called for politicians to cool their rhetoric following Saturday's shooting,

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Speaker 1: speaking in a rare oval office address, Biden warned the

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Speaker 1: nation was heading down a dangerous path in which violence

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Speaker 1: subverts the will of Americans.

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Speaker 3: There's no place in America of this kind of violence,

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Speaker 3: for any violence ever, no exceptions. We can allow this

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Speaker 3: violence to be normalized. You know, the political regulus country

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Speaker 3: has gotten very heated. It's time to cool down.

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Speaker 1: Biden used the address to try to rise above the

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Speaker 1: fray as he looked to move beyond calls for him

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Speaker 1: to drop out of the race. He failed assassination attempt

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Speaker 1: to shift to the dynamics of the presidential contest. It

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Speaker 1: allows the Republican to focus on his own campaign around

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Speaker 1: the idea of unity. Bloomberg understands that in the hours

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Speaker 1: after the shooting, Trump personally contacted his primary opponent, Nikki

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Speaker 1: Haley to invite her to speak at the Republican convention.

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Speaker 2: Tempted assassination has further solidified Donald Trump's control of his

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Speaker 2: party as it prepares to nominate him at the convention

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Speaker 2: beginning in Wisconsin today. Meanwhile, business leaders Elon Musk and

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Speaker 2: Bill Ackman, who previously resisted endorsing the former president, came

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Speaker 2: out with public statements backing Trump within minutes of his

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Speaker 2: being struck and professor of political science at MIT, Charles

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Speaker 2: Stewart says that the shooting and Trump's iconic bloodied fist

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Speaker 2: pumping response will rally voters and donors behind the Republican candidates.

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Speaker 4: The specific reaction of Donald Trump to these events will

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Speaker 4: solidify his support and among again that small group of

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Speaker 4: people who are on the edge, maybe not willing to

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Speaker 4: heretofore declare their support of Donald Trump. You know they're

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Speaker 4: going to come on board because part of the Republican

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Speaker 4: brand is being strong, being assertive, staying up to domestic enemies,

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Speaker 4: and certain Donald Trump is playing that role right now.

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Speaker 2: Charles Stuart says that the challenge for Biden now is

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Speaker 2: how to push forwards without seeming insensitive. The president plans

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Speaker 2: to reiterate his condemnation of violence in politics on Monday

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Speaker 2: in a primetime interview with NBC News. Then, according to

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Speaker 2: a campaign official, his political operation will pivot back to

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Speaker 2: drawing contrast between Biden's vision and Trump's.

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Speaker 1: The US Secret Service is facing harsh public scrutiny and

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Speaker 1: investigations following the incident, which American law enforcement agencies have

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Speaker 1: labeled as an assassination attempt. Since Saturday's shooting. Trump allies

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Speaker 1: have blasted the agency over its protection of the former president.

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Speaker 1: The FBI is leading a probe into the events, which

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Speaker 1: Director Christopher Ray says will be thorough.

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Speaker 5: We have committed the full force of the FBI to

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Speaker 5: this investigation. An attempt to assassinate a presidential candidate can

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Speaker 5: only be described as absolutely despicable and will not be

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Speaker 5: tolerated in this country.

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Speaker 1: FBI Director Christopher Ray, speaking there The Secret Service provides

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Speaker 1: round the clock security to former presidents, but some critics

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Speaker 1: have claimed the agency rejected requests from Trump's team for

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Speaker 1: more protection, charge it says is absolutely false. Secret Service

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Speaker 1: agents will now turn their attention to the Republican Convention

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Speaker 1: in Milwaukee. The agency, and coordination with local, state, and

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Speaker 1: federal law enforcement, insists there are robust security plans in

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Speaker 1: place ahead of the arrival of over fifty thousand expected attendees.

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Speaker 2: As for traders, they are noticeably, if modestly, leaning into

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Speaker 2: asset scene as benefiting in the event of Trump winning

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Speaker 2: the November election. The Bloomberg dollar spot indexes up modestly,

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Speaker 2: with the Mexican PAESO having led the slide. Futures point

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Speaker 2: to arise in treasury yields when cash trading starts in

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Speaker 2: Europe and bitcoin has risen above sixty two two thousand,

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Speaker 2: six hundred dollars. The trades are based on anticipation that

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Speaker 2: the Republicans returned to the White House would usher in

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Speaker 2: tax cuts, looser regulations, and higher tariffs, particularly against China.

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Speaker 2: Although some see Trump trades gaining momentum, the emergence of

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Speaker 2: political violence in the US may also simply add to

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Speaker 2: market volatility.

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Speaker 1: In other news, China's economic growth has dropped the slowest

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Speaker 1: pace in five quarters, as the country reports a raft

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Speaker 1: of economic data showing an uneven recovery. Blimberg's Brian Curtis

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Speaker 1: has more from Hong Kong.

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Speaker 6: This adds a whole lot of pressure on policymakers to

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Speaker 6: lift confidence in the economy. The Third Planum is underway today.

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Speaker 6: GDP expanded four point seven percent in the second quarter

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Speaker 6: from a year ago, that missed the estimate of five

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Speaker 6: point one percent. Meantime, in June, industrial production up five

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Speaker 6: point three percent year on year versus a forecast of

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Speaker 6: five percent, Retail sales rising two percent that was much

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Speaker 6: lower than forecast, and fixed down set investment gaining three

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Speaker 6: point nine percent in the first six months in line.

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Speaker 6: On top of all that, China's new and existing home

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Speaker 6: prices fell again in June in Hong Kong, Brian Curtis

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Speaker 6: Bloomberg Radio.

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Speaker 2: And finally, England's fifty eight years of hurt will continue.

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Speaker 2: After losing two to one to Spain in the Euro

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Speaker 2: twenty twenty four final last night, Gareth Southgate's side were

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Speaker 2: aiming to become the country's first men's team to win

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Speaker 2: a major trophy since nineteen sixty six, but the England

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Speaker 2: manager says that he can have no complaints about the

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Speaker 2: result in Berlin.

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Speaker 7: They couldn't have given me anymore, They couldn't have given

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Speaker 7: the country anymore. So ultimately we loft to the better

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Speaker 7: side and we have to reflect on how that happened.

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Speaker 7: But it's very clear in my mind the game for me,

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Speaker 7: the key was positioned of the ball tonight and we

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Speaker 7: didn't have enough control.

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Speaker 2: Gareth Southgate says that he needs time to discuss his

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Speaker 2: future following England's defeat. Although the Football Association is believed

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Speaker 2: to want to keep his role, Southgate says that he's

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Speaker 2: not yet made a decision. Now it has been a

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Speaker 2: seismic weekend in the United States. It's been a generation

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Speaker 2: since US voters saw an episode of political violence like

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Speaker 2: this one when a gunman seriously injured President Ronald Reagan

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Speaker 2: of course in Washington in nineteen eighty one, and now

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Speaker 2: over the weekend the shocking news that there was an

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Speaker 2: attempt also against former President Donald Trump.

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Speaker 1: Yeah, I mean, I think the image of Donald Trump

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Speaker 1: raising his fist after with this, with blood streaming down

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Speaker 1: the side of his face, is a defining moment, perhaps

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Speaker 1: the defining moment of this campaign. Our colleagues writing about

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Speaker 1: it have described it as a flash of horror turned

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Speaker 1: into pure Trumpian spectacle, and our colleagues Nancy Cookananajic Kaiser

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Speaker 1: have been writing about this and the image of what

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Speaker 1: it means for the campaign. This is something that has

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Speaker 1: changed the dynamics and how the politics is playing out

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Speaker 1: in the United States as well. But it's also a

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Speaker 1: shocking incident when you consider that, you know, this is

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Speaker 1: something that, as you say, hasn't been seen in the generation.

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Speaker 2: No, and I think that it also has and resonates

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Speaker 2: around the world because of the more heated rhetoric, certainly

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Speaker 2: across Europe that we've seen and in the UK. Remember,

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Speaker 2: two MPs in recent years have been killed themselves in

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Speaker 2: the UK by attackers, so this resonates abroad. But I

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Speaker 2: think the images are enormously influential in terms of the

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Speaker 2: political campaign to war coverage after that incident. It's a

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Speaker 2: long campaign, but this could certainly be a decisive moment.

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Speaker 1: And heading into the Republican National Convention as well in Milwaukee,

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Speaker 1: this is to a moment which Donald Trump can can

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Speaker 1: turn to his political advantage, and we're already seeing that

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Speaker 1: in the reporting that we've seen in his interview with

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Speaker 1: the Washington Examiner newspaper as well, that there is you

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Speaker 1: know that he's planning to rewrite his speech of the

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Speaker 1: convention as well. He's reached out to Nikki Hayley to

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Speaker 1: invite her there as well. This focus on unity echoing

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Speaker 1: really some of the mesters that we also heard from

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Speaker 1: Joe Biden and his address thenation.

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Speaker 2: Yeah, and this is very interesting. It was one of

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Speaker 2: the criticisms, in fact, in his perhaps first term in office,

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Speaker 2: that President Trump was not enough of a unifying force.

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Speaker 2: So in some ways it's also a political evolution of

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Speaker 2: Donald Trump Joe Biden. Yes, you're right, said something very

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Speaker 2: similar in the White House in the national address that

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Speaker 2: he gave in terms of unity, but that also being

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Speaker 2: converted by a President Trump into additional support and particularly

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Speaker 2: from donors. You know, those donors coming out immediately afterwards

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Speaker 2: in terms of sympathy and support and fundraising. I think

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Speaker 2: is huge important too.

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Speaker 1: Well, let's bring in our US government out of John

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Speaker 1: Harney in Washington for more on this story. John, how

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Speaker 1: much does this shooting now change the election campaign?

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Speaker 8: Well, that's that's a question on everybody's minds right now.

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Speaker 8: I mean, of course, it gives Donald Trump a huge advantage,

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Speaker 8: even though probably one he didn't necessarily he probably certainly

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Speaker 8: didn't want, given the horrible event of Saturday when he

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Speaker 8: was nearly killed. But you know, he came out of

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Speaker 8: it looking strong and looking like a leader, a hero

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Speaker 8: certainly to his followers and perhaps beyond that. He's in

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Speaker 8: Milwaukee and he enters this convention for his third nomination

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Speaker 8: as president as a hero to a lot of people.

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Speaker 1: He's given this interview to the Washington Examiner where he's

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Speaker 1: talked about rewriting his speech to focus on unity. I mean,

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Speaker 1: how significant is that going to be?

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Speaker 8: Well, I mean, President Biden gave a similar address from

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Speaker 8: the Oval Office, as he put it, to lower the temperature,

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Speaker 8: and that seems to me, at least for the moment,

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Speaker 8: a intent on the part of both parties to ease

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Speaker 8: on some of this very intense, angry rhetoric that has

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Speaker 8: pervaded our political discourse for some time now and only

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Speaker 8: seemed to escalate. You know, something like this perhaps focuses

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Speaker 8: people on the great dangers involved. I mean, you know,

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Speaker 8: this was the first assassination attempt well this was a

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Speaker 8: former president, of course, but of such a high profile

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Speaker 8: figure since the attempted assassination of Ronald Raid in nineteen

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Speaker 8: eighty one, and that was traumatic. And you know, I

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Speaker 8: think there is a sense of pulling back, as I

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Speaker 8: think Biden put it. And we'll see, we'll see what

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Speaker 8: Donald Trump says in his speech later the next week.

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Speaker 2: Yeah. Absolutely, And the convention surely we will attract even

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Speaker 2: more attention than ever. I mean, you've talked about present

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Speaker 2: former president Trump a hero. He will surely get a

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Speaker 2: heroes welcome, and the idea of him also inviting NICKI Haley,

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Speaker 2: you know, former adversary obviously another Republican, former South Carolina

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Speaker 2: governor to speak. That's also quite an interesting political move,

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Speaker 2: isn't it.

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Speaker 8: It certainly is. I mean, they were, of course former

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Speaker 8: allies and then became pretty bitter adversaries during the during

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Speaker 8: the primaries, and of course she said, you know, she

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Speaker 8: didn't plan to go to the convention, and then he

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Speaker 8: personally invited her. However, she did, I should say, before

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Speaker 8: before this released her delegates to him, which which you

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Speaker 8: know was sort of a gesture of alliance, I would say,

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Speaker 8: But but it is, it is important that she's there

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Speaker 8: and along with those who had been loyal to him

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Speaker 8: all along.

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Speaker 1: John, what about the Joe Biden and all of this

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Speaker 1: as well? We heard from him and his speaks to

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Speaker 1: the nation. But what does this mean for his reelection campaign?

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Speaker 8: That's hard to say. Of course. The question is will

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Speaker 8: this movement to get him to step aside after his

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Speaker 8: his disastrous to debate against Trump back on July twenty seventh,

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Speaker 8: which seems like a long time ago. Now, we'll have

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Speaker 8: to see whether that aspiration, if you will, among some Democrats,

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Speaker 8: will abate or if it will intensify. At the same time,

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Speaker 8: President Biden seems to be trying to be less of

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Speaker 8: a candidate, perhaps a more of a as a put it,

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Speaker 8: consoler in chief at a time of time of fear

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Speaker 8: and trauma, as an episode like this certainly is. He's

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Speaker 8: trying to, as he put it, unify the country, asking

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Speaker 8: people to step back from some of this violent rhetoric

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Speaker 8: that has obtained over this election, certainly and over these

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Speaker 8: last several years.

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Speaker 2: John, thank you so much for being with us to

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Speaker 2: discuss the US government. Editor John Harney their Live for

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Speaker 2: US from Washington. I think, you know, using the word

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Speaker 2: trauma for what happened over the weekend seems highly appropriate.

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Speaker 1: The US Secret Service facing public scrutiny now and investigations

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Speaker 1: after the assassination attempt against Donald Trump thrust the agency

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Speaker 1: into the center of a political fire storm, are reported

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Speaker 1: to ated Bio joins us now for more on this.

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Speaker 1: He were just to bring us up to date on

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Speaker 1: the investigation into the shooting, the incident itself, and the

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Speaker 1: man who carried it out.

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Speaker 7: Yeah.

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Speaker 9: So, the alleged tutor has been identified now by the

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Speaker 9: FBI as twenty year old Thomas Matthew Crooks. He was

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Speaker 9: killed at the scene by law enforcement officials. Now there

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Speaker 9: is limited information on what we know about him. Further

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Speaker 9: the FBI says he wasn't known to them prior to

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Speaker 9: this incident in a statement, and his motive remains unknown.

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Speaker 9: He didn't have a criminal history. Is an ongoing investigation

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Speaker 9: into this incident by the FBI about who this man

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Speaker 9: is and why he may have permitted this attack. So

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Speaker 9: they have been searching the shooters home and vehicle for

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Speaker 9: further information. That search has found that suspicious devices were

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Speaker 9: at both vocations, so both at his home and in

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Speaker 9: the vehicle. Although those devices have been now rendered safe

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Speaker 9: by bomb technicians, they're still being evaluated at an FBI lab.

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Speaker 9: Forces are still searching his phone as well. But over

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Speaker 9: the weekend there was some further information that did emerge

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Speaker 9: about the shooter's background, including the fact that he was

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Speaker 9: actually registered as a Republican voter according to voter registration records,

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Speaker 9: but he did actually donate fifteen dollars to the Progressive

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Speaker 9: Turnout Project, which is an organization aimed at mobilizing Democratic

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Speaker 9: voters in January twenty twenty one.

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Speaker 6: So there is a.

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Speaker 9: Conflicting picture emerging about who this lled shooter is, but

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Speaker 9: there is still much to be gleaned from the ongoing

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Speaker 9: FBI investigation.

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Speaker 2: What sort of criticism those being leveled also at the

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Speaker 2: US Security Services.

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Speaker 9: Well, Caroline, the Secret Service is a unit of the

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Speaker 9: US Department of Homeland Security, and it is part of

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Speaker 9: their role, amongst other things, to provide round the clock

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Speaker 9: security to all former presidents. But now some critics are

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Speaker 9: saying that the agency had rejected requests from Trump's team

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Speaker 9: for more protection. Trump is, of course, not just a

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Speaker 9: candidate standing in this presidential election, but a former president.

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Speaker 9: Now the agency is saying that that's a claim that's

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Speaker 9: absolutely false. But Trump's allies and others are saying that

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Speaker 9: there is a number of unanswered questions about the incident,

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Speaker 9: including queries about potential security lapses. We've heard actually from

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Speaker 9: Mike Turner, who chairs the House Intelligence Committee. He said

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Speaker 9: that certain eyewitness statements about the events are alarming. He

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Speaker 9: specifically raised the example of a bystander who told the

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Speaker 9: BBC that before the shooting, he and other individuals saw

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Speaker 9: a man crawling up onto the roof with a rifle

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Speaker 9: and tried to alert the law enforcement authorities. Now Mike

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Speaker 9: Turner is saying that specific account is cause for concern.

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Speaker 9: So in response to this, the Security Service has said

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Speaker 9: in a statement that the former President Trump as well

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Speaker 9: as President Biden are subject to a number of threats

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Speaker 9: which they take extremely seriously, and they added that they

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Speaker 9: are constantly evaluating the dynamic threat environment and responding to it.

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Speaker 9: So there's an emerging picture here. There will, no doubt

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Speaker 9: be further questions leveled at the agency as the investigation

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Speaker 9: is ongoing and continues to yield further information about what

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Speaker 9: exactly happened.

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Speaker 1: Focus switching now though TIWA to the Republican Convention, and

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Speaker 1: of course even more security now expected there.

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Speaker 9: Yeah, so this has all happened the weekend before one

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Speaker 9: of the biggest events on the Republican political calendar. That's

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Speaker 9: the once every four years convention. This year it's in

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Speaker 9: Milwaukee and there's expected to be over fifty thousand attendees.

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Speaker 9: Obviously the organization of that now has been thrown into

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Speaker 9: doubt in light of this event. We've heard over the

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Speaker 9: weekend that the event is still going ahead. Of course,

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Speaker 9: there are now a number of other security concerns. The

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Speaker 9: US Secret Service is making an attempt to sort of

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Speaker 9: assure people that there are security plans in place in

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Speaker 9: coordination with the local, state and federal law enforcement. Agencies

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Speaker 9: as well. We have heard that there will now be

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Speaker 9: stricter measures including vehicle checkpoints, pedestrian restrictions, also limitations on

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Speaker 9: public transport, and that's been created to sort of safeguard

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Speaker 9: the four day event. Further, as for the actual participants,

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Speaker 9: Donald Trump has said that he was initially after the

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Speaker 9: assassination attempt, considering delaying his trip to the convention by

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Speaker 9: two days, but he has since posted on truth social

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Speaker 9: that he could not allow a shooter or a potential

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Speaker 9: assassin to force a change to his scheduling or anything else.

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Speaker 9: So we can see here that the security concerns did

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Speaker 9: affect the plans of Donald Trump, but he is now

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Speaker 9: making an effort to go ahead as planned. There are

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Speaker 9: also reports that he's planning to use the speech as

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Speaker 9: an opportunity to call for unity and perhaps sooth ongoing tensions.

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Speaker 9: He's also reported We've reported on Bloomberg that he's asked

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Speaker 9: his one time rival Nicki Haley to attend the convention

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Speaker 9: and what many are seeing as another attempt to project

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Speaker 9: a sort of united image. So it seems that there

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Speaker 9: are efforts on both the part of security forces and

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Speaker 9: participants to ensure that this is a safe convention and

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Speaker 9: goes ahead without any further in incident.

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Speaker 1: This is Bloomberg Daybreak Europe, your morning brief on the

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