1 00:00:01,920 --> 00:00:06,480 Speaker 1: Now from our nation's capital. This is Bloomberg Sound on, 2 00:00:07,640 --> 00:00:10,440 Speaker 1: I really don't know we can do this, and hunger 3 00:00:10,480 --> 00:00:14,280 Speaker 1: in this country by the year ties not because we 4 00:00:14,320 --> 00:00:17,919 Speaker 1: don't have enough food. Bloomberg Sound on, Politics, Policy and 5 00:00:18,000 --> 00:00:23,080 Speaker 1: Perspective from DC's Top Names. Russia is attempting to annext 6 00:00:23,120 --> 00:00:27,640 Speaker 1: the territory of another sovereign nations. The United States will 7 00:00:27,760 --> 00:00:32,919 Speaker 1: never recognize any territory Russia attempts to see. Hurricane e 8 00:00:33,040 --> 00:00:37,800 Speaker 1: Ian is now making landfall in southwest Florida. Boomberg Sound 9 00:00:37,840 --> 00:00:43,600 Speaker 1: On with Joe Matthew on Bloomberg Radio. Inflation is helping 10 00:00:43,640 --> 00:00:46,800 Speaker 1: to make a food crisis even worse. Welcome to the 11 00:00:46,840 --> 00:00:50,760 Speaker 1: fastest hour in politics, as Washington tries to get its 12 00:00:50,880 --> 00:00:53,640 Speaker 1: arms around this matter with the first White House Food 13 00:00:53,720 --> 00:00:56,880 Speaker 1: Summit in over fifty years. We talked solutions with the 14 00:00:57,000 --> 00:00:59,640 Speaker 1: architect of the event, Congressman Jim mcgoverned, chair of the 15 00:00:59,680 --> 00:01:02,240 Speaker 1: House Rules Committee, who is now knee deep in the 16 00:01:02,280 --> 00:01:05,080 Speaker 1: debate over how to fund the government. Later this hour, 17 00:01:05,200 --> 00:01:07,880 Speaker 1: Russia moves to annex a big chunk of Ukraine after 18 00:01:07,920 --> 00:01:11,520 Speaker 1: declaring landslide victories and what the White House calls sham 19 00:01:11,560 --> 00:01:14,520 Speaker 1: referendums will be talking about it with Melinda Herring of 20 00:01:14,560 --> 00:01:18,200 Speaker 1: the Atlantic Council's Eurasia Center on Ukraine and with our 21 00:01:18,240 --> 00:01:22,240 Speaker 1: signature panel Bloomberg Politics contributors Rick Davis and Jeanie Schanzano 22 00:01:22,800 --> 00:01:24,920 Speaker 1: back with us for the hour. We talked so much 23 00:01:24,959 --> 00:01:27,680 Speaker 1: about the causes and side effects of inflation. It's a 24 00:01:27,760 --> 00:01:31,160 Speaker 1: daily story here at Bloomberg knowing that rising prices are 25 00:01:31,200 --> 00:01:34,319 Speaker 1: leaving people with less buying power, and that makes food 26 00:01:34,360 --> 00:01:37,280 Speaker 1: insecurity a reality for a lot of people. And that's 27 00:01:37,280 --> 00:01:39,560 Speaker 1: why they held the first Hunger Summit today and over 28 00:01:39,640 --> 00:01:43,800 Speaker 1: fifty years in Washington, President Nixon was in power the 29 00:01:43,880 --> 00:01:46,800 Speaker 1: last time that happened in office. The White House Conference 30 00:01:47,120 --> 00:01:49,720 Speaker 1: on Hunger, Nutrition and Health is what it's really called. 31 00:01:49,720 --> 00:01:52,880 Speaker 1: President Biden spoke there today. Since that time, advances a 32 00:01:52,960 --> 00:01:56,480 Speaker 1: research in medicine have taught us so much more about 33 00:01:56,560 --> 00:02:01,919 Speaker 1: nutrition and health. Today, I'm convenient this conference again because 34 00:02:02,000 --> 00:02:04,440 Speaker 1: I believe we can use these advances to do even 35 00:02:04,520 --> 00:02:07,920 Speaker 1: more to make America stronger and a healthier nation. Talking 36 00:02:07,960 --> 00:02:11,920 Speaker 1: policy and solutions. Congressman Jim McGovern of Massachusetts was the 37 00:02:12,040 --> 00:02:14,280 Speaker 1: drive behind the summit to begin with, the chair of 38 00:02:14,280 --> 00:02:16,640 Speaker 1: the House Rules Committee, joins us to talk about that 39 00:02:16,840 --> 00:02:19,560 Speaker 1: end of course, whether Congress can find a way to 40 00:02:19,560 --> 00:02:22,560 Speaker 1: fund the government this week. Congressman, welcome back to Bloomberg. 41 00:02:23,200 --> 00:02:25,280 Speaker 1: I'm happy to be with you. You've been working to 42 00:02:25,320 --> 00:02:28,120 Speaker 1: make this summit happen for years, and I congratulate you 43 00:02:28,160 --> 00:02:31,119 Speaker 1: on at the timing is remarkable considering the inflation we've 44 00:02:31,160 --> 00:02:34,239 Speaker 1: seen in food prices, the shortages caused by the war 45 00:02:34,280 --> 00:02:38,280 Speaker 1: in Ukraine. Congressman, is there a food crisis in this country? 46 00:02:39,480 --> 00:02:41,520 Speaker 1: There is a food crisis, and it's not because we 47 00:02:41,560 --> 00:02:44,840 Speaker 1: don't have enough food. Uh, It's because our systems are 48 00:02:44,840 --> 00:02:48,320 Speaker 1: set up in such a way that it's difficult for 49 00:02:48,360 --> 00:02:51,280 Speaker 1: many people to be able to get access to that food. Um. 50 00:02:51,320 --> 00:02:54,680 Speaker 1: You know, look, you know, a hunger, in my opinion, 51 00:02:54,720 --> 00:02:57,280 Speaker 1: should be illegal right there. There is no nation on 52 00:02:57,320 --> 00:03:01,160 Speaker 1: this planet that is better equipped to eliminate er than us. Uh. 53 00:03:01,200 --> 00:03:04,000 Speaker 1: And it persists because we lack the political will. Hunger 54 00:03:04,160 --> 00:03:07,840 Speaker 1: is a political condition. Food and security is a political condition. 55 00:03:08,520 --> 00:03:11,240 Speaker 1: Lack of access to nutrition is a political condition, and 56 00:03:11,280 --> 00:03:14,359 Speaker 1: we can change that. The percentage of people living in 57 00:03:14,760 --> 00:03:18,040 Speaker 1: homes that are considered food and secure has gone up 58 00:03:18,040 --> 00:03:20,560 Speaker 1: to about eleven and a half percent, according to the 59 00:03:20,600 --> 00:03:24,720 Speaker 1: census that's up from a little over ten uh just 60 00:03:24,880 --> 00:03:28,079 Speaker 1: months earlier. Congressman, what's going on in this country? And 61 00:03:28,440 --> 00:03:32,800 Speaker 1: is that the symptom of what you're talking about. Well, 62 00:03:33,600 --> 00:03:36,600 Speaker 1: there are many, uh, symptoms that are contributing, that are 63 00:03:36,640 --> 00:03:40,160 Speaker 1: contributing to this challenge. I mean, there's there's an intersectionality 64 00:03:40,200 --> 00:03:42,600 Speaker 1: with a whole bunch of issues. I mean, obviously, when 65 00:03:42,680 --> 00:03:44,960 Speaker 1: energy costs go up and food costs goes goes up, 66 00:03:45,240 --> 00:03:47,960 Speaker 1: you know, that has an impact. But so does the 67 00:03:48,040 --> 00:03:52,640 Speaker 1: high cost of housing. So does you know, uh, medical bills, Uh, 68 00:03:52,840 --> 00:03:54,840 Speaker 1: you know that you know and so and the other 69 00:03:54,880 --> 00:03:58,600 Speaker 1: thing is that pandemic programs that were designed to provide 70 00:03:58,600 --> 00:04:01,680 Speaker 1: people some a little additional help during the pandemic are 71 00:04:01,680 --> 00:04:04,520 Speaker 1: now expiring because you know, we're saying we're out of 72 00:04:04,560 --> 00:04:07,640 Speaker 1: the pandemic. So, for example, the Child Tax Credit, which 73 00:04:07,680 --> 00:04:10,880 Speaker 1: provided a lot of relief to many families and lifted 74 00:04:11,040 --> 00:04:14,120 Speaker 1: you know, uh, you know, millions and millions of children 75 00:04:14,160 --> 00:04:16,599 Speaker 1: out of poverty that you know, they're expired and the 76 00:04:16,600 --> 00:04:18,920 Speaker 1: Republicans don't want to allow us to put it back 77 00:04:18,920 --> 00:04:22,200 Speaker 1: in place. So that's contributing to uh, uh, you know, 78 00:04:22,560 --> 00:04:24,960 Speaker 1: the rise in food and security as well, the President 79 00:04:25,000 --> 00:04:28,240 Speaker 1: just announced more than eight billion dollars in private and 80 00:04:28,360 --> 00:04:32,120 Speaker 1: public financial commitments here more than a hundred organizations. Many 81 00:04:32,160 --> 00:04:35,919 Speaker 1: of the proposals outlined though as solutions here congressmen require 82 00:04:35,960 --> 00:04:41,080 Speaker 1: approval from Congress. Expanded food stamps, free school meals, expanded 83 00:04:41,080 --> 00:04:43,360 Speaker 1: free school meals. How do you get that done post 84 00:04:43,640 --> 00:04:48,839 Speaker 1: midterm elections? Well, look, I mean we do it because 85 00:04:48,960 --> 00:04:52,320 Speaker 1: we create the political will and the political pressure all 86 00:04:52,320 --> 00:04:55,040 Speaker 1: throughout the country to get Congress to do the right thing. 87 00:04:55,279 --> 00:05:01,640 Speaker 1: But for example, on universal free uh school meals. Uh, California, Vermont, 88 00:05:02,160 --> 00:05:05,840 Speaker 1: and Maine have already done it. Uh, and Massachusetts has 89 00:05:05,839 --> 00:05:07,920 Speaker 1: just extended free school meals for a year. We want 90 00:05:07,920 --> 00:05:10,560 Speaker 1: to we want to, you know, make it a permanent. 91 00:05:11,120 --> 00:05:16,520 Speaker 1: Senators sell Uh. D Domenico is from Massachusetts is here, 92 00:05:17,040 --> 00:05:20,040 Speaker 1: who was was was a champion of that. Um so 93 00:05:20,200 --> 00:05:21,960 Speaker 1: um you know. And so what we need to do 94 00:05:22,080 --> 00:05:24,159 Speaker 1: is get done what we can get done at the 95 00:05:24,160 --> 00:05:26,599 Speaker 1: federal level and not go state by state by state. 96 00:05:26,600 --> 00:05:28,880 Speaker 1: But we can do this. This is all doable. You 97 00:05:28,920 --> 00:05:31,000 Speaker 1: mentioned the enhanced Child tax Credit that was a big 98 00:05:31,080 --> 00:05:32,960 Speaker 1: part of the Build Back Better debate. Of course, it 99 00:05:33,040 --> 00:05:36,599 Speaker 1: was actually codified by the House it never got through 100 00:05:36,640 --> 00:05:39,159 Speaker 1: the Senate and and and became law. Is there another 101 00:05:39,240 --> 00:05:43,719 Speaker 1: vehicle for that? Congressman? Uh, you know what? Um, you know, 102 00:05:43,760 --> 00:05:46,359 Speaker 1: we unfortunately with the Fellowbusher in the Senate, you have 103 00:05:46,440 --> 00:05:48,520 Speaker 1: to think creatively. I mean, I don't know. I'd like 104 00:05:48,600 --> 00:05:51,160 Speaker 1: to be maybe a second reconciliation bill at some point 105 00:05:51,279 --> 00:05:54,880 Speaker 1: or you know, because I mean, if that's what it takes. 106 00:05:55,120 --> 00:05:56,400 Speaker 1: I mean, we'll have to wait and see what happens 107 00:05:56,440 --> 00:05:59,040 Speaker 1: in the election. But obviously, I mean, I you know, 108 00:05:59,320 --> 00:06:03,159 Speaker 1: if if you know, we have more sympathetic uh people 109 00:06:03,240 --> 00:06:05,000 Speaker 1: who get elected in the House and Senate, we can 110 00:06:05,080 --> 00:06:07,880 Speaker 1: do a lot more. But unfortunately, you know, the Senate, 111 00:06:08,120 --> 00:06:11,520 Speaker 1: with their sixty vote requirement, you know, makes it really 112 00:06:11,520 --> 00:06:14,120 Speaker 1: difficult to get some of these things done. Well, we've 113 00:06:14,120 --> 00:06:16,159 Speaker 1: proven that in the last couple of hours here, and 114 00:06:16,160 --> 00:06:18,000 Speaker 1: I know you're preparing to debate and vote on a 115 00:06:18,040 --> 00:06:21,320 Speaker 1: government funding bill this week that will not include Joe 116 00:06:21,400 --> 00:06:24,440 Speaker 1: Manchin's permitting legislation. But will that I guess we can 117 00:06:24,480 --> 00:06:27,360 Speaker 1: call it a clean cr pass by the deadline on Friday. 118 00:06:28,000 --> 00:06:29,840 Speaker 1: I believe it will. I believe it will. I mean, 119 00:06:29,880 --> 00:06:32,400 Speaker 1: I think it will pass the Senate either today or 120 00:06:32,400 --> 00:06:34,080 Speaker 1: tomorrow and then it will come right to the House. 121 00:06:34,720 --> 00:06:36,359 Speaker 1: Uh and you know, and we're prepaid to bring it 122 00:06:36,360 --> 00:06:39,480 Speaker 1: to the floor immediately. Uh and uh. And my hope 123 00:06:39,560 --> 00:06:42,479 Speaker 1: is that after the election, we can you know, I know, 124 00:06:42,640 --> 00:06:46,440 Speaker 1: some of the differences and get an omnibus budget pass 125 00:06:46,480 --> 00:06:48,280 Speaker 1: so that we can have funding for the for all 126 00:06:48,320 --> 00:06:50,200 Speaker 1: of next year and we can we can move on. 127 00:06:50,920 --> 00:06:53,640 Speaker 1: But look, you know, the the issues of hunger and 128 00:06:53,720 --> 00:06:56,719 Speaker 1: nutrition and security, these are these are solvable issues, and 129 00:06:56,800 --> 00:06:59,960 Speaker 1: some of it you know, requires uh acts of Congress. 130 00:07:00,160 --> 00:07:04,040 Speaker 1: Some of it requires systems to change and and embrace 131 00:07:04,560 --> 00:07:07,119 Speaker 1: you know, new and innovative approaches to with the with 132 00:07:06,960 --> 00:07:09,720 Speaker 1: the with the issue you know. Um, you know, and 133 00:07:09,400 --> 00:07:13,240 Speaker 1: I think that uh you know, you mentioned the eight 134 00:07:13,280 --> 00:07:16,040 Speaker 1: billion dollars and commitments from the private sector. I mean 135 00:07:16,160 --> 00:07:19,800 Speaker 1: that money can be used to help support innovative initiatives 136 00:07:19,840 --> 00:07:22,680 Speaker 1: all across the country that are helping combat hunger and 137 00:07:22,680 --> 00:07:26,560 Speaker 1: promoting better nutritions. So, uh, you know, states can do stuff. 138 00:07:26,600 --> 00:07:29,880 Speaker 1: You know, the nonprofits can do stuff. Faith based organization 139 00:07:29,960 --> 00:07:32,800 Speaker 1: can do stuff, so you know. Um, so you know, 140 00:07:32,840 --> 00:07:35,320 Speaker 1: so I'm hopeful that we can we can get we 141 00:07:35,320 --> 00:07:38,200 Speaker 1: can move forward dramatically in some of those areas you mentioned, 142 00:07:38,240 --> 00:07:40,800 Speaker 1: the loss of COVID funding, the president's request for twenty 143 00:07:40,840 --> 00:07:43,840 Speaker 1: two billion dollars, it is not in the legislation that 144 00:07:43,840 --> 00:07:46,280 Speaker 1: that you're looking at this week. Is that a mistake, Congressman? 145 00:07:46,320 --> 00:07:49,040 Speaker 1: How long can this go on for before the administration 146 00:07:49,120 --> 00:07:51,720 Speaker 1: is being blamed again for a lack of resources when 147 00:07:51,720 --> 00:07:54,760 Speaker 1: we get the next search. Yeah, but look, I mean 148 00:07:54,800 --> 00:07:57,560 Speaker 1: the administration is doing everything it can. Democrats in the 149 00:07:57,560 --> 00:07:59,440 Speaker 1: House to trying to do everything we can. I mean, 150 00:07:59,480 --> 00:08:01,520 Speaker 1: we have a problem in the Senate where you need 151 00:08:01,560 --> 00:08:04,400 Speaker 1: sixty votes and so you need tense center just to 152 00:08:04,480 --> 00:08:06,920 Speaker 1: join with us. Look, we're gonna do everything we can 153 00:08:07,040 --> 00:08:09,440 Speaker 1: to make sure we don't have a government shutdown. Remember 154 00:08:09,480 --> 00:08:11,520 Speaker 1: the last time we had a government shutdown, the Republicans 155 00:08:11,520 --> 00:08:13,760 Speaker 1: controlled the White House, the House, and the Senate. I mean, 156 00:08:13,920 --> 00:08:16,400 Speaker 1: that was irresponsible. We would we would we would not 157 00:08:16,440 --> 00:08:18,840 Speaker 1: do that and that and that, you know, and and 158 00:08:18,960 --> 00:08:20,480 Speaker 1: you know, the fact of the matter is there's a 159 00:08:20,480 --> 00:08:22,119 Speaker 1: lot of stuff that we I would like to see 160 00:08:22,360 --> 00:08:24,560 Speaker 1: in the cr and there's a lot of stuff you know, 161 00:08:24,600 --> 00:08:27,240 Speaker 1: that I would like to add on, but you know, 162 00:08:27,320 --> 00:08:29,080 Speaker 1: I know I can't get it past the Senate. So 163 00:08:29,200 --> 00:08:31,320 Speaker 1: we have to do the best we can working with 164 00:08:31,360 --> 00:08:33,439 Speaker 1: the people that we we have to deal with. It 165 00:08:33,559 --> 00:08:37,320 Speaker 1: sounds like Democrats uh prepared to do another reconciliation bill 166 00:08:37,559 --> 00:08:40,280 Speaker 1: after the mid terms. Well, I would like to. I 167 00:08:40,280 --> 00:08:43,480 Speaker 1: don't know whether you know, that's just my idea, um, 168 00:08:43,559 --> 00:08:47,280 Speaker 1: but but I mean that's you know, my my My 169 00:08:47,400 --> 00:08:50,160 Speaker 1: idea is that, you know, we have to get some 170 00:08:50,200 --> 00:08:51,839 Speaker 1: stuff done. And by the way, I'm just speaking for 171 00:08:51,960 --> 00:08:54,320 Speaker 1: myself on that. Lots were made out of the fact 172 00:08:54,320 --> 00:08:56,960 Speaker 1: that it's been fifty years since nineteen sixty nine, actually 173 00:08:57,000 --> 00:09:01,840 Speaker 1: since the last Food summit. It was during the an administration. Congressman, 174 00:09:01,880 --> 00:09:04,559 Speaker 1: how come it took so long to do another Yeah, 175 00:09:04,600 --> 00:09:06,560 Speaker 1: well that's a good question. I Mean, one is the 176 00:09:06,600 --> 00:09:10,200 Speaker 1: polarization of Congress. Uh. One is the demonization of four 177 00:09:10,200 --> 00:09:13,760 Speaker 1: people in this country, um, you know, the you know. 178 00:09:13,920 --> 00:09:17,240 Speaker 1: And the other thing is that to solve this problem, 179 00:09:17,520 --> 00:09:20,880 Speaker 1: it requires more than just about increasing um you know, 180 00:09:20,960 --> 00:09:23,559 Speaker 1: the amount of money for one program or or is 181 00:09:23,600 --> 00:09:27,120 Speaker 1: more than more than just having one agency do something. 182 00:09:27,559 --> 00:09:31,559 Speaker 1: It requires multiple, um, you know, all of government to 183 00:09:31,640 --> 00:09:33,760 Speaker 1: come together. That's what we're having this conference to pull 184 00:09:33,840 --> 00:09:35,559 Speaker 1: everybody Again, this is not just a U. S d. 185 00:09:35,640 --> 00:09:38,200 Speaker 1: A issue it's a healthy human services issue, it's a 186 00:09:38,240 --> 00:09:40,800 Speaker 1: transportation issue, a housing issue. So the point of the 187 00:09:40,840 --> 00:09:43,400 Speaker 1: conference to get everybody to the table to talk about 188 00:09:43,480 --> 00:09:45,240 Speaker 1: something we've got to be able to agree on. And look, 189 00:09:45,360 --> 00:09:48,199 Speaker 1: you know we talked about Republicans, you know, George mcgovernor, 190 00:09:48,200 --> 00:09:52,959 Speaker 1: Bob Dole, Democrat and Republican Liberal Conservatives came together during 191 00:09:52,960 --> 00:09:57,480 Speaker 1: the nineties seminees and past historic legislation to combat hunger 192 00:09:57,840 --> 00:10:00,760 Speaker 1: uh and UH and in nutrition and secure party. They 193 00:10:00,760 --> 00:10:02,080 Speaker 1: you know, they believe you don't have to agree on 194 00:10:02,080 --> 00:10:04,480 Speaker 1: everything to agree on something. I hope that we can 195 00:10:04,520 --> 00:10:07,680 Speaker 1: all agree uh and united around food. And I hope 196 00:10:07,679 --> 00:10:10,200 Speaker 1: we can also united around the importance of ending hungred. 197 00:10:10,200 --> 00:10:12,360 Speaker 1: That's what this is all about. What we were thinking 198 00:10:12,360 --> 00:10:15,560 Speaker 1: big and we're thinking both we can solve this problem. Uh. 199 00:10:15,559 --> 00:10:18,920 Speaker 1: And Democrats and Republicans come together on there's no matter 200 00:10:18,960 --> 00:10:21,960 Speaker 1: what our differences maybe on other things. Well, let's talk 201 00:10:21,960 --> 00:10:24,600 Speaker 1: again when there's action. Congressman, thank you so much for 202 00:10:24,679 --> 00:10:26,240 Speaker 1: being with us in the middle of what I'm sure 203 00:10:26,320 --> 00:10:28,360 Speaker 1: is a heck of a busy day. Congressman Jim mcgoverned 204 00:10:28,360 --> 00:10:30,920 Speaker 1: from the Great City of Worcester, mass Thanks for being 205 00:10:30,960 --> 00:10:34,120 Speaker 1: with us. On Bloomberg all the best things. As we 206 00:10:34,240 --> 00:10:36,480 Speaker 1: turned to the panel now for their feelings on some 207 00:10:36,600 --> 00:10:40,160 Speaker 1: of what we just heard, Bloomberg Politics contributors Jeannie Chanzano 208 00:10:40,280 --> 00:10:42,560 Speaker 1: and Rick Davis with us for a bit of a 209 00:10:42,600 --> 00:10:46,800 Speaker 1: swing at this genie. I'm curious your thoughts on Democrats 210 00:10:46,840 --> 00:10:51,160 Speaker 1: coming back around after the mid terms for another reconciliation 211 00:10:51,280 --> 00:10:55,079 Speaker 1: bill to maybe get some of these policies enacted. To 212 00:10:55,200 --> 00:10:58,880 Speaker 1: consider the expanded child tax credit as a good example. Yeah, 213 00:10:58,880 --> 00:11:00,880 Speaker 1: I mean, and that's the road is much of what 214 00:11:01,000 --> 00:11:03,600 Speaker 1: is laid out in the President's very ambitious plan to 215 00:11:03,800 --> 00:11:07,800 Speaker 1: combat food and security in eight years requires action by Congress, 216 00:11:07,800 --> 00:11:09,720 Speaker 1: and so the Democrats have no choice but to go 217 00:11:09,720 --> 00:11:13,760 Speaker 1: on reconciliation because Republicans oppose expansion of things like food 218 00:11:13,760 --> 00:11:16,280 Speaker 1: stamps and school meals. So I think what's gonna happen. 219 00:11:16,280 --> 00:11:17,959 Speaker 1: That's gonna be hard for them to do, and we're 220 00:11:17,960 --> 00:11:20,720 Speaker 1: going to be dealing with small ball again. Things that 221 00:11:20,760 --> 00:11:24,280 Speaker 1: don't take Congress is action like food labels, which are important, 222 00:11:24,600 --> 00:11:26,880 Speaker 1: but hardly the type of thing that we need to 223 00:11:26,960 --> 00:11:30,000 Speaker 1: combat these massive food in security. One out of ten 224 00:11:30,080 --> 00:11:33,520 Speaker 1: Americans facing this problem. I don't know what the rules 225 00:11:33,520 --> 00:11:36,080 Speaker 1: are here exactly, Rick, if that's even allowed again in 226 00:11:36,120 --> 00:11:40,760 Speaker 1: this calendar year. But can we do reconciliation too, you 227 00:11:40,800 --> 00:11:44,080 Speaker 1: know so much. It's going to depend upon who prevails 228 00:11:44,080 --> 00:11:48,120 Speaker 1: in the midterm elections. Uh. If Democrats hold the majority, 229 00:11:48,240 --> 00:11:51,800 Speaker 1: they'll be emboldened to try and get something through like that. 230 00:11:52,400 --> 00:11:55,320 Speaker 1: There's obviously an expansive agenda that they want to do 231 00:11:55,360 --> 00:11:58,720 Speaker 1: that they left undone this year, and yet it's also 232 00:11:59,400 --> 00:12:02,520 Speaker 1: got a un impact on all Right, we're just getting 233 00:12:02,520 --> 00:12:06,800 Speaker 1: started with the panel. Hold that thought, Rick, Jeannie Chanzano 234 00:12:06,840 --> 00:12:09,840 Speaker 1: and Rick Davis with more straight ahead on the fastest 235 00:12:09,840 --> 00:12:13,800 Speaker 1: hour in politics as we follow the bouncing ball to 236 00:12:13,880 --> 00:12:16,760 Speaker 1: the deadline on Friday. I'm Joe Matthew and Washington. This 237 00:12:17,080 --> 00:12:24,360 Speaker 1: is Bloomberg. You're listening to Bloomberg Sound On with Joe 238 00:12:24,480 --> 00:12:30,640 Speaker 1: Matthew on Bloomberg Radio. You heard Congressman McGovern say it's 239 00:12:30,679 --> 00:12:33,200 Speaker 1: here on sound On. They're going to vote on this 240 00:12:33,440 --> 00:12:37,280 Speaker 1: stop gap funding bill. They'll do it by Friday. There's 241 00:12:37,320 --> 00:12:40,680 Speaker 1: no risk of a shutdown. This of course, after it 242 00:12:40,760 --> 00:12:43,839 Speaker 1: all came together during the broadcast last evening, wasn't that 243 00:12:43,960 --> 00:12:48,080 Speaker 1: something fifteen minutes into the show, all of a sudden 244 00:12:48,160 --> 00:12:52,920 Speaker 1: Joe Manchin says goodbye Permitting bill, and uh, the whole 245 00:12:52,920 --> 00:12:56,560 Speaker 1: thing came together with a Senate approval seventy two twenty three. 246 00:12:56,600 --> 00:13:01,200 Speaker 1: Funny how well that worked. Chuck schum Or, the Majority Leader, 247 00:13:01,280 --> 00:13:03,320 Speaker 1: held a briefing today, is there to talk about the 248 00:13:03,360 --> 00:13:06,400 Speaker 1: accomplishments of Democrats. And you know, one of the first 249 00:13:06,440 --> 00:13:09,400 Speaker 1: question was, Hey, I thought you had a deal with 250 00:13:09,480 --> 00:13:11,800 Speaker 1: Joe Manchon. Here's how he handled it. I kept my 251 00:13:11,840 --> 00:13:15,480 Speaker 1: commitment to Senator Mansion, and look who blocked it, the Republicans. 252 00:13:15,840 --> 00:13:20,480 Speaker 1: My commitment was Democrats. We had good democratic unity Senator Mansion. 253 00:13:20,760 --> 00:13:22,520 Speaker 1: And he will be the first to admit this, and 254 00:13:22,559 --> 00:13:24,440 Speaker 1: you saw it in his speech. Was supposed to get, 255 00:13:24,720 --> 00:13:27,040 Speaker 1: would wanted to get, and thought he could get on 256 00:13:27,120 --> 00:13:30,840 Speaker 1: Permitting reform. The number of the requisite number of Republicans 257 00:13:30,880 --> 00:13:33,640 Speaker 1: to get sixty, he didn't. That's where it's at. Thought 258 00:13:33,679 --> 00:13:36,760 Speaker 1: he could get so kind of Joe Mansion's fault too. 259 00:13:38,160 --> 00:13:40,880 Speaker 1: You're reading that the same way. Let's bringing the panel. 260 00:13:41,320 --> 00:13:45,200 Speaker 1: Rick Davis and Jennie Chanzano, Bloomberg Politics contributors. Rick, what 261 00:13:45,240 --> 00:13:46,839 Speaker 1: do you think about this? You know, when you make 262 00:13:46,840 --> 00:13:49,880 Speaker 1: a deal, there's there's no promise that you're gonna have 263 00:13:49,920 --> 00:13:53,280 Speaker 1: the votes, right, no problems, You're gonna have the votes. 264 00:13:53,360 --> 00:13:55,720 Speaker 1: You can make a commitment to put it on the agenda, 265 00:13:55,760 --> 00:13:57,320 Speaker 1: you can make a commitment to try and tag it 266 00:13:57,320 --> 00:14:00,760 Speaker 1: on a pieceful legislation. But at the end of the day, Um, 267 00:14:01,040 --> 00:14:04,640 Speaker 1: you can only be responsible for working your caucus. You 268 00:14:04,679 --> 00:14:07,560 Speaker 1: can't be responsible for the opposition for the other side 269 00:14:07,600 --> 00:14:10,160 Speaker 1: of the aisle. And in this case, it did come 270 00:14:10,160 --> 00:14:13,400 Speaker 1: back and bite Mansion and Schumer. I mean, this makes 271 00:14:13,440 --> 00:14:15,720 Speaker 1: Schumer look like, you know, cutting a deal with him 272 00:14:15,720 --> 00:14:19,360 Speaker 1: in the future, doesn't have any teeth and that's his leadership. Well, 273 00:14:19,480 --> 00:14:21,360 Speaker 1: is that the case, you're genie? I mean, did Chuck 274 00:14:21,400 --> 00:14:26,400 Speaker 1: Schumer also, uh bear some responsibility in in providing the votes? 275 00:14:27,200 --> 00:14:30,440 Speaker 1: You know he does, I mean, he is a majority leader, 276 00:14:30,480 --> 00:14:32,880 Speaker 1: but he didn't live up to his part. He promised 277 00:14:32,920 --> 00:14:34,800 Speaker 1: to get this, you know, if he could get the 278 00:14:34,880 --> 00:14:37,440 Speaker 1: votes to get this included. He couldn't get it. But 279 00:14:37,560 --> 00:14:41,480 Speaker 1: you know, for me, the real shame here is the fact. 280 00:14:41,640 --> 00:14:44,400 Speaker 1: And I understand they wanted the ira A to pass 281 00:14:44,600 --> 00:14:47,680 Speaker 1: very badly, so they moved expeditiously to get that done 282 00:14:47,720 --> 00:14:50,160 Speaker 1: and they took what they could get. But the fact 283 00:14:50,280 --> 00:14:54,360 Speaker 1: is this kind of reform would have helped in many areas, 284 00:14:54,440 --> 00:14:57,640 Speaker 1: including for the many green projects, and the fact that 285 00:14:57,800 --> 00:15:00,600 Speaker 1: very few people have made that case, and all we 286 00:15:00,760 --> 00:15:03,560 Speaker 1: keep hearing about is the fact that this is going 287 00:15:03,640 --> 00:15:06,120 Speaker 1: to help fossil fuel industry. But the fact is it 288 00:15:06,160 --> 00:15:08,880 Speaker 1: helps solar, it helps wind, it helps geothermal. The fact 289 00:15:08,920 --> 00:15:11,680 Speaker 1: that that case was not made, either by Mansion or 290 00:15:11,760 --> 00:15:14,200 Speaker 1: Schumer is a shame because when Schumer says we we 291 00:15:14,240 --> 00:15:16,720 Speaker 1: had unity on the Democratic side, no he did not. 292 00:15:16,960 --> 00:15:19,480 Speaker 1: He didn't have the green folks, and they didn't make 293 00:15:19,520 --> 00:15:21,800 Speaker 1: the case to them to pull them over. Well, it's 294 00:15:21,800 --> 00:15:25,880 Speaker 1: really something today we heard from Gavin Newsom Uh in 295 00:15:25,880 --> 00:15:29,520 Speaker 1: an interview on MSNBC that the Democrats are just not 296 00:15:30,120 --> 00:15:32,920 Speaker 1: delivering the message to your point right there, Genie and 297 00:15:33,280 --> 00:15:38,400 Speaker 1: Rick made a similar remark when it comes to their accomplishments, 298 00:15:38,480 --> 00:15:42,920 Speaker 1: they're just not often able to seize the right message 299 00:15:43,040 --> 00:15:47,440 Speaker 1: and in fact sometimes lose. Uh in this case, How 300 00:15:47,560 --> 00:15:50,360 Speaker 1: damaging is that for Democrats Rick going into the mids 301 00:15:50,400 --> 00:15:52,920 Speaker 1: terms here without being able to pull pull this off. 302 00:15:54,240 --> 00:15:56,760 Speaker 1: I think it's really damaging. I think that their messages 303 00:15:56,920 --> 00:15:59,600 Speaker 1: all over the map. They had a good run post 304 00:16:00,120 --> 00:16:03,560 Speaker 1: Dobb's decision where they focused on abortion and press that 305 00:16:03,680 --> 00:16:06,040 Speaker 1: and it actually helped their numbers in a lot of 306 00:16:06,040 --> 00:16:09,320 Speaker 1: these key states. But Newsom knows something about this. I mean, 307 00:16:09,400 --> 00:16:14,280 Speaker 1: probably the best spokesman they've had has been Governor Newsom 308 00:16:14,280 --> 00:16:17,880 Speaker 1: going after Republican governors right and sort of like saying, Okay, 309 00:16:17,920 --> 00:16:20,240 Speaker 1: we're not gonna put up with this anymore, and we're 310 00:16:20,280 --> 00:16:22,920 Speaker 1: gonna come right at you guys. And you know, so 311 00:16:23,040 --> 00:16:26,400 Speaker 1: much in Congress gets lost in congressional speak. They're talking 312 00:16:26,400 --> 00:16:30,240 Speaker 1: about crs and you know, things like that, and most 313 00:16:30,280 --> 00:16:32,640 Speaker 1: voters couldn't care less what a CR is. I mean, 314 00:16:32,800 --> 00:16:35,360 Speaker 1: like they don't even know. And and so it's very 315 00:16:35,360 --> 00:16:39,760 Speaker 1: hard for congressman to make good, clear arguments. But that's 316 00:16:39,800 --> 00:16:42,120 Speaker 1: the job of the White House. And again we've talked 317 00:16:42,120 --> 00:16:45,520 Speaker 1: about this on this show for two years now. Biden 318 00:16:45,680 --> 00:16:49,520 Speaker 1: administration has a problem with a clear and convincing message 319 00:16:49,520 --> 00:16:52,480 Speaker 1: to the American people on their priorities and accomplishments. And 320 00:16:52,560 --> 00:16:55,760 Speaker 1: that's it, Genie. That's a tough spot to be in 321 00:16:55,800 --> 00:16:58,760 Speaker 1: here as you consider six weeks I believe it is 322 00:16:59,280 --> 00:17:03,160 Speaker 1: until the midst elections. What what does the message need 323 00:17:03,200 --> 00:17:05,840 Speaker 1: to be? You know, we talked about the clock ticking 324 00:17:06,040 --> 00:17:08,960 Speaker 1: on on the fiscal year, the clock is taking on 325 00:17:09,000 --> 00:17:11,960 Speaker 1: the mid terms. They'll get us through mid December and 326 00:17:12,080 --> 00:17:15,000 Speaker 1: set up another fight till then. But my goodness, you 327 00:17:15,040 --> 00:17:17,800 Speaker 1: know there's gonna be more talk of inflation and the 328 00:17:17,840 --> 00:17:21,200 Speaker 1: FED meeting right as we go into this midterm campaign, 329 00:17:21,720 --> 00:17:25,080 Speaker 1: and the President can't seem to shake that particular story. No, 330 00:17:25,240 --> 00:17:28,120 Speaker 1: And you know, the Washington Post, a poll that came 331 00:17:28,119 --> 00:17:31,200 Speaker 1: out over the weekend had pretty good numbers for Joe 332 00:17:31,240 --> 00:17:33,920 Speaker 1: Biden in terms of getting things done. To Rick's point, 333 00:17:34,000 --> 00:17:36,159 Speaker 1: they had a much better summer, you know, me on 334 00:17:36,280 --> 00:17:38,439 Speaker 1: miss pessimism, They had a much better summer than I 335 00:17:38,480 --> 00:17:42,040 Speaker 1: ever thought they would getting legislation through, and yet the 336 00:17:42,080 --> 00:17:45,080 Speaker 1: fact that they haven't been able to parlay that is 337 00:17:45,200 --> 00:17:48,560 Speaker 1: in a messaging sense, is really problematic for Democrats. I 338 00:17:48,640 --> 00:17:50,720 Speaker 1: do agree with Newsom on that, although I would be 339 00:17:50,760 --> 00:17:53,600 Speaker 1: cautious about Newsom. We all know, while you're talking about 340 00:17:53,640 --> 00:17:57,720 Speaker 1: twenty two, Joe, he's thinking about twenty four. So he's 341 00:17:57,720 --> 00:17:59,960 Speaker 1: got a real incentive to be out there making this case. 342 00:18:00,000 --> 00:18:02,200 Speaker 1: He's got to be very careful not to undermine the president. 343 00:18:02,400 --> 00:18:04,800 Speaker 1: But they really have to get this message out there 344 00:18:04,800 --> 00:18:08,600 Speaker 1: that they have had enormous successes that people like me 345 00:18:08,640 --> 00:18:12,479 Speaker 1: would have never imagined. Well, it's something to consider as 346 00:18:12,520 --> 00:18:14,600 Speaker 1: we turned to what we're going to discuss next, the 347 00:18:14,640 --> 00:18:18,680 Speaker 1: situation uh In in Russia and Ukraine, which is also 348 00:18:18,720 --> 00:18:21,639 Speaker 1: going to feed into this debate. Of course, the story 349 00:18:21,680 --> 00:18:25,600 Speaker 1: today the White House warned us, calling them sham referendums, 350 00:18:25,600 --> 00:18:30,840 Speaker 1: and they have shockingly been complete in favor of Russia. 351 00:18:31,320 --> 00:18:33,920 Speaker 1: We're gonna do that next. Rick and Genie stay where 352 00:18:33,960 --> 00:18:37,439 Speaker 1: you are, signature panel here on Bloomberg Sound On. The 353 00:18:37,520 --> 00:18:42,560 Speaker 1: latest from this whole situation is really something as Vladimir 354 00:18:42,600 --> 00:18:47,400 Speaker 1: Putin raises more pressure moving to annex Ukraine, and will 355 00:18:47,440 --> 00:18:51,080 Speaker 1: have details on this coming up straight ahead with Melinda 356 00:18:51,160 --> 00:18:56,080 Speaker 1: Herring of the Atlantic Council's Eurasia Center on Ukraine. It's 357 00:18:56,119 --> 00:18:58,880 Speaker 1: the fastest hour in politics time. Joe Matthew and Washington 358 00:18:58,920 --> 00:19:01,080 Speaker 1: will update traffic and markets for you as we make 359 00:19:01,080 --> 00:19:17,520 Speaker 1: our way through. This is Bloomberg. It's Bloomberg Sound On. 360 00:19:17,560 --> 00:19:21,960 Speaker 1: I'm Joe Matthew and Washington with news from Moscow declaring 361 00:19:22,040 --> 00:19:25,679 Speaker 1: landslide victories, which is exactly what everyone expected in the 362 00:19:25,840 --> 00:19:31,640 Speaker 1: hastily organized referendums. If we can call them that referenda 363 00:19:31,800 --> 00:19:35,240 Speaker 1: that it held in territory is currently occupied by Russian 364 00:19:35,280 --> 00:19:39,680 Speaker 1: forces on their heels. Of course, following, as I mentioned, 365 00:19:39,680 --> 00:19:44,040 Speaker 1: a string of military setbacks, the u N is condemning 366 00:19:44,080 --> 00:19:49,480 Speaker 1: the voting as illegal, people sometimes forced to vote at gunpoint, 367 00:19:49,760 --> 00:19:53,199 Speaker 1: apparently reaction from the White House. They see it in 368 00:19:53,200 --> 00:19:55,520 Speaker 1: a similar way. They were already calling it a sham 369 00:19:55,640 --> 00:19:58,520 Speaker 1: vote before it happened. This is Press Secretary Karina John Pierre. 370 00:19:59,080 --> 00:20:03,240 Speaker 1: These so called referenda have been an exercise and coercion 371 00:20:03,760 --> 00:20:10,800 Speaker 1: and disinformation executed by puppet authority authorities following orders from Russia. 372 00:20:12,040 --> 00:20:16,480 Speaker 1: Based on our information, every aspect of this referendum process 373 00:20:16,640 --> 00:20:21,520 Speaker 1: was pre stage and orchestrated by the Kremlin. U s 374 00:20:21,560 --> 00:20:24,840 Speaker 1: Ambassador to the UN lend And Thomas Greenfield spoke today 375 00:20:24,960 --> 00:20:28,160 Speaker 1: at at a UN Security Council meeting specifically on Ukraine. 376 00:20:28,200 --> 00:20:31,320 Speaker 1: Here's how she put it. The United States will never 377 00:20:31,520 --> 00:20:37,280 Speaker 1: recognize any territory Russia attempts to seize are allegedly annex 378 00:20:37,680 --> 00:20:41,359 Speaker 1: as anything other than part of Ukraine. But does it 379 00:20:41,440 --> 00:20:46,560 Speaker 1: matter what the U S recognizes If Russia considers something 380 00:20:46,640 --> 00:20:50,680 Speaker 1: an attack on its sovereign territory, this war could get 381 00:20:50,680 --> 00:20:54,000 Speaker 1: a lot more complicated. Melinda Herring is with us. I'm 382 00:20:54,000 --> 00:20:57,480 Speaker 1: glad to say, Deputy director of the Atlantic Council's Eurasia 383 00:20:57,520 --> 00:20:59,920 Speaker 1: Center on Ukraine and back as part of the conver 384 00:21:00,040 --> 00:21:03,200 Speaker 1: station here on Bloomberg Radio. Melinda, thank you for sharing 385 00:21:03,240 --> 00:21:05,240 Speaker 1: some time with us here. How concerned are you about 386 00:21:05,240 --> 00:21:09,440 Speaker 1: this development, Hey, Joe, Very concerned, is the answers. So 387 00:21:10,040 --> 00:21:13,080 Speaker 1: you're right that it doesn't matter a whole lot that 388 00:21:13,160 --> 00:21:15,639 Speaker 1: the US is not recognizing it. No one's going to 389 00:21:15,680 --> 00:21:19,280 Speaker 1: recognize these references. Their shamps right, It is not Russian democracy. 390 00:21:19,600 --> 00:21:22,600 Speaker 1: But the point is that these four provinces it's about 391 00:21:23,760 --> 00:21:27,680 Speaker 1: of Ukraine are going to be brought under Moscow's nuclear umbrella, 392 00:21:28,160 --> 00:21:31,960 Speaker 1: and Ukraine is not covered by the West nuclear umbrella. 393 00:21:32,200 --> 00:21:35,440 Speaker 1: That's why the situation is getting very serious. Moscow is 394 00:21:35,520 --> 00:21:38,639 Speaker 1: huffing and puffing, and they have a history of huffing 395 00:21:38,640 --> 00:21:42,720 Speaker 1: and puffing about using nuclear weapons and they've never used them. 396 00:21:42,720 --> 00:21:45,160 Speaker 1: So a lot of experts in town think that this 397 00:21:45,280 --> 00:21:48,840 Speaker 1: is just the same old thing, but it's different this time. 398 00:21:48,960 --> 00:21:51,920 Speaker 1: Vladimir Putin is in a corner. He's getting his butt 399 00:21:52,000 --> 00:21:54,600 Speaker 1: kicked in Ukraine and he doesn't have that many options, 400 00:21:54,840 --> 00:21:56,879 Speaker 1: and we don't think he has a face saving option. 401 00:21:57,840 --> 00:21:59,800 Speaker 1: So this could be the prelude to the use of 402 00:22:00,119 --> 00:22:03,360 Speaker 1: nuclear weapons, what you're saying. So, I've been asking all 403 00:22:03,359 --> 00:22:05,639 Speaker 1: the experts in town who who have been doing this 404 00:22:05,720 --> 00:22:07,720 Speaker 1: a lot longer than I have, and no one thinks 405 00:22:07,760 --> 00:22:10,760 Speaker 1: he's going to use nuclear weapons. It's quite complicated for 406 00:22:10,840 --> 00:22:13,760 Speaker 1: him to do it. It involves a lot of decision makers. 407 00:22:13,800 --> 00:22:17,040 Speaker 1: There's no evidence that the Russians are putting the pieces 408 00:22:17,080 --> 00:22:19,880 Speaker 1: in place that would need to be done in order 409 00:22:19,880 --> 00:22:23,080 Speaker 1: to use nuclear weapons. Uh, as far as we can 410 00:22:23,080 --> 00:22:25,600 Speaker 1: tell as a community, there's about a five percent chance 411 00:22:25,680 --> 00:22:28,159 Speaker 1: that he would he would use weapons. But you know 412 00:22:28,359 --> 00:22:31,680 Speaker 1: there's still a chance, right, That's why this is. And 413 00:22:32,560 --> 00:22:35,119 Speaker 1: he has other levers as well. He's starting to use 414 00:22:35,119 --> 00:22:37,720 Speaker 1: the nuclear weapons. But he could also not renew the 415 00:22:37,800 --> 00:22:41,160 Speaker 1: grain deal, so he cut off all the grain from Ukraine, 416 00:22:41,160 --> 00:22:43,600 Speaker 1: and that would really hurt food prices and it could 417 00:22:43,600 --> 00:22:46,160 Speaker 1: starve a lot of people in October. He could also 418 00:22:46,200 --> 00:22:49,560 Speaker 1: cut off Russian oil in November and that would also 419 00:22:49,640 --> 00:22:52,280 Speaker 1: cause prices to really spike here in the US during 420 00:22:52,359 --> 00:22:55,520 Speaker 1: election season. So he still has leverage. He is, in fact, 421 00:22:55,640 --> 00:22:58,760 Speaker 1: threatening to cut off the last gas pipeline uh to 422 00:22:59,400 --> 00:23:03,639 Speaker 1: UH European allies here, this is a pretty desperate situation 423 00:23:03,800 --> 00:23:07,240 Speaker 1: as well, UH this winter. My goodness, you talk about 424 00:23:08,119 --> 00:23:12,800 Speaker 1: his ability to weaponize almost anything here. Weaponizing energy is 425 00:23:12,840 --> 00:23:15,000 Speaker 1: clearly one way to do it. But also it doesn't 426 00:23:15,000 --> 00:23:16,639 Speaker 1: have to be nuclear, and I think you made this 427 00:23:16,680 --> 00:23:19,240 Speaker 1: point last time we spoke, Melinda. He can do an 428 00:23:19,400 --> 00:23:23,160 Speaker 1: enormous amount of damage against civilian populations with conventional weapons, 429 00:23:24,160 --> 00:23:26,440 Speaker 1: that's right, that's right, So he doesn't have to use 430 00:23:26,800 --> 00:23:29,320 Speaker 1: nuclear weapons. He could use a tactical nuke and that's 431 00:23:29,359 --> 00:23:31,960 Speaker 1: a lot easier to do. He could also continue to 432 00:23:32,080 --> 00:23:36,159 Speaker 1: do hit civilian targets in Ukraine and really turn up 433 00:23:36,200 --> 00:23:39,479 Speaker 1: the pressure so that there's another refugee flow into Europe 434 00:23:39,840 --> 00:23:43,040 Speaker 1: this winter, and that would put more pressure. So look, Joe, 435 00:23:43,080 --> 00:23:45,439 Speaker 1: I expect him to turn up all the levers of 436 00:23:45,480 --> 00:23:48,280 Speaker 1: pressure on Europe to try to break the solidarity that 437 00:23:48,320 --> 00:23:51,399 Speaker 1: we've seen. He could also cut cable uh TO to Europe. 438 00:23:51,400 --> 00:23:54,920 Speaker 1: He could cut cable to Ukraine. Ukrainian the state really 439 00:23:54,960 --> 00:23:58,159 Speaker 1: relies on internet, so he's got a lot of ways 440 00:23:58,400 --> 00:24:02,920 Speaker 1: to monkey about. Nord Stream. The pipeline is leaking gas 441 00:24:03,200 --> 00:24:06,440 Speaker 1: in the Baltic sea right now. There are early reports 442 00:24:07,000 --> 00:24:09,920 Speaker 1: that this is sabotage. I know it's being investigated. The 443 00:24:09,960 --> 00:24:12,520 Speaker 1: White House really didn't want to weigh in one way 444 00:24:12,640 --> 00:24:14,960 Speaker 1: or the other on that today, although the State Department 445 00:24:15,000 --> 00:24:17,879 Speaker 1: did acknowledge that as a possibility. But it's created this 446 00:24:18,080 --> 00:24:24,960 Speaker 1: massive methane gas leak. It is a potential climate disaster here, 447 00:24:24,960 --> 00:24:28,159 Speaker 1: and it's something that we talked about today with John Kerry, 448 00:24:28,200 --> 00:24:31,920 Speaker 1: of course, the former Secretary of State now climate advisor 449 00:24:32,040 --> 00:24:34,760 Speaker 1: to President Biden. He spoke to David Weston earlier. Here's 450 00:24:34,800 --> 00:24:37,320 Speaker 1: what he said, Well, anytime you have a major league 451 00:24:37,359 --> 00:24:39,679 Speaker 1: and I mean, leaks are the problem with methane all 452 00:24:39,720 --> 00:24:42,760 Speaker 1: around the world. But this is a massive leak bubbling 453 00:24:42,840 --> 00:24:47,360 Speaker 1: up under the water, much larger than the normal leak. 454 00:24:48,440 --> 00:24:52,600 Speaker 1: Methane is twenty eight times more damaging than CEO two, okay, 455 00:24:52,640 --> 00:24:56,000 Speaker 1: and so it has a profound impact. In adding the 456 00:24:56,040 --> 00:24:59,280 Speaker 1: amount of methane in the air makes us think, Melinda, 457 00:24:59,320 --> 00:25:03,320 Speaker 1: the vladim Or Putin can also weaponize climate candy. That's 458 00:25:03,320 --> 00:25:06,280 Speaker 1: exactly right. And this was no accident. It's way too 459 00:25:06,320 --> 00:25:09,600 Speaker 1: coincidental that these two pipes, you know, had leaks, you know, 460 00:25:09,680 --> 00:25:12,520 Speaker 1: around the same time. Uh, it's it's not a coincidence. 461 00:25:12,560 --> 00:25:16,480 Speaker 1: Russia has been weaponizing energy for years and Bladimir Putin 462 00:25:16,520 --> 00:25:19,240 Speaker 1: is flexing his muscles and showing the West and saying, 463 00:25:19,280 --> 00:25:20,920 Speaker 1: look what I can do, and I can do more. 464 00:25:21,119 --> 00:25:23,880 Speaker 1: That's what he was doing with with with these these 465 00:25:23,920 --> 00:25:27,680 Speaker 1: gas leaks. Do these developments change the US posture? Are 466 00:25:27,680 --> 00:25:31,080 Speaker 1: we doing everything we can knowing that the rules are 467 00:25:31,080 --> 00:25:34,800 Speaker 1: continuing to change as we go? So the US just 468 00:25:34,840 --> 00:25:38,560 Speaker 1: announced another package to Ukraine. Good, let's do more. There's 469 00:25:38,720 --> 00:25:41,800 Speaker 1: I think eighteen more high mars. These are the long 470 00:25:41,920 --> 00:25:45,200 Speaker 1: range weapon rocket launchers. But the White House is still 471 00:25:45,240 --> 00:25:48,000 Speaker 1: refusing to send those long range rockets that we talked 472 00:25:48,000 --> 00:25:51,240 Speaker 1: about last time. They're still afraid of escalation. And this 473 00:25:51,320 --> 00:25:53,359 Speaker 1: is the one thing that the Ukrainians are really begging 474 00:25:53,400 --> 00:25:56,200 Speaker 1: for right now that they need to finish this war. 475 00:25:56,520 --> 00:25:59,000 Speaker 1: But we also need to continue to send budgetary to 476 00:25:59,119 --> 00:26:02,240 Speaker 1: support to Ukraine, and the European Union needs to do 477 00:26:02,320 --> 00:26:05,840 Speaker 1: its part. It's committed nine billion and it's only sent one. 478 00:26:06,240 --> 00:26:10,199 Speaker 1: One of the nine billion in Ukraine is heavily. Yeah, 479 00:26:10,240 --> 00:26:12,720 Speaker 1: it's really bad. So you know, my favorite idiom is 480 00:26:13,240 --> 00:26:16,520 Speaker 1: uh all all all all had no cattle and that's 481 00:26:16,560 --> 00:26:19,520 Speaker 1: really what the Europeans are guilty of. So they talk 482 00:26:19,560 --> 00:26:21,600 Speaker 1: a big game, but they actually haven't sent the money 483 00:26:21,800 --> 00:26:25,480 Speaker 1: and the state in Ukraine really needs it. We learned 484 00:26:25,480 --> 00:26:27,719 Speaker 1: something every time we talked to Melinda Herring. Please come 485 00:26:27,720 --> 00:26:29,480 Speaker 1: back and talk to the soon, Deputy Director of the 486 00:26:29,480 --> 00:26:32,440 Speaker 1: Atlantic Council's your agious center on Ukraine. Willinda? Thank you? 487 00:26:32,960 --> 00:26:36,040 Speaker 1: We turn it to the panel next. Of course, the 488 00:26:36,160 --> 00:26:39,000 Speaker 1: situation is not getting easier. In fact, it's getting a 489 00:26:39,000 --> 00:26:41,439 Speaker 1: lot more dangerous. I'm Joe Matthew. This is sound On 490 00:26:41,760 --> 00:26:49,240 Speaker 1: only on Bloomberg. You're listening to Bloomberg. You sound On 491 00:26:49,680 --> 00:26:55,520 Speaker 1: with Joe Matthew on Bloomberg Radio. Vladimir Putin attempting to 492 00:26:55,560 --> 00:26:58,080 Speaker 1: move the goalposts here once again. The question is will 493 00:26:58,119 --> 00:27:00,240 Speaker 1: it make any difference at all? Let's real us numble 494 00:27:00,280 --> 00:27:01,960 Speaker 1: the panel. We've got a few things you want to 495 00:27:02,000 --> 00:27:04,760 Speaker 1: hit on in the next couple of minutes with Brick 496 00:27:04,840 --> 00:27:08,800 Speaker 1: Davis and Genie Chanzano, Bloomberg Politics contributors are signature panel 497 00:27:08,840 --> 00:27:13,000 Speaker 1: on the Fastest Hour in Politics. Rick, this idea of 498 00:27:13,240 --> 00:27:17,200 Speaker 1: annexing portions of Ukraine is straight out of the Putin playbook. 499 00:27:17,240 --> 00:27:20,359 Speaker 1: The White House predicted it would happen. The question is 500 00:27:20,400 --> 00:27:24,919 Speaker 1: what happens when Ukraine potentially strikes it. It seems inevitable 501 00:27:25,080 --> 00:27:27,840 Speaker 1: one of these areas and Putin declares that to be 502 00:27:29,240 --> 00:27:34,399 Speaker 1: Russian territory. Yeah, you look, I mean, Blamir Putin is 503 00:27:34,400 --> 00:27:37,159 Speaker 1: looking for leverage anyway he can get it. This was 504 00:27:37,240 --> 00:27:42,680 Speaker 1: sort of a mistake freeway he could he could orchestrate 505 00:27:42,720 --> 00:27:47,400 Speaker 1: this sham election, declare it Russian territory and and sell 506 00:27:47,480 --> 00:27:50,280 Speaker 1: it back into a country that is really starting to 507 00:27:50,320 --> 00:27:54,000 Speaker 1: reject his battle plan. So he's trying to create leverage 508 00:27:54,000 --> 00:27:56,800 Speaker 1: both at home and abroad. The reality is, I think 509 00:27:56,840 --> 00:27:58,960 Speaker 1: this puts him in an even tougher position because what 510 00:27:59,040 --> 00:28:01,399 Speaker 1: happens if he doesn't and he's claiming that this is 511 00:28:01,480 --> 00:28:05,040 Speaker 1: Russian territory. Um, you know, everybody seems to think that 512 00:28:05,119 --> 00:28:07,960 Speaker 1: he's using this for a reason to use nuclear weapons 513 00:28:08,000 --> 00:28:10,800 Speaker 1: or tactical nuclear weapons, or or to up the any 514 00:28:10,840 --> 00:28:12,840 Speaker 1: of the war. If he could up the any of 515 00:28:12,880 --> 00:28:15,000 Speaker 1: the war, he would have done it before he mobilized 516 00:28:15,040 --> 00:28:19,240 Speaker 1: three hundred thousand young Russians who are not equipped to fight. So, 517 00:28:19,320 --> 00:28:21,040 Speaker 1: I mean, this is this is right out of the 518 00:28:21,040 --> 00:28:23,000 Speaker 1: game plan. But I'm not sure it doesn't do anything 519 00:28:23,040 --> 00:28:25,760 Speaker 1: but really put him in a worse position rather than 520 00:28:25,800 --> 00:28:28,600 Speaker 1: thinking it's actually going to give him a rationale for 521 00:28:28,600 --> 00:28:32,400 Speaker 1: further escalation. So is this territory the new Crimea if 522 00:28:32,480 --> 00:28:35,920 Speaker 1: you will hear Genie, or does it if this fails, 523 00:28:35,960 --> 00:28:40,200 Speaker 1: does that throw CRIMEA in doubt? That's where obviously President 524 00:28:40,240 --> 00:28:42,560 Speaker 1: Zelenski seems to think this war is gonna end as 525 00:28:42,600 --> 00:28:47,160 Speaker 1: he reincorporates that territory back into Ukraine. Yeah, and I 526 00:28:47,200 --> 00:28:49,640 Speaker 1: think failure is the watchword of the day when you 527 00:28:49,640 --> 00:28:52,200 Speaker 1: talk about this. I mean because of the failures that 528 00:28:52,280 --> 00:28:55,080 Speaker 1: Russia and Putin have experienced in this war. He changed 529 00:28:55,120 --> 00:28:57,719 Speaker 1: the objectives in his speech. He made it, you know, 530 00:28:57,760 --> 00:29:00,880 Speaker 1: a defensive mission or he tried to say that. This 531 00:29:00,960 --> 00:29:04,280 Speaker 1: came on the heels of that organization co operative organizational 532 00:29:04,320 --> 00:29:06,680 Speaker 1: meeting in Shanghai where he really took a beating from 533 00:29:06,680 --> 00:29:09,560 Speaker 1: Modi and g So you know he's trying to go 534 00:29:09,600 --> 00:29:11,880 Speaker 1: on the offensive. It shows him. I think Melinda is 535 00:29:11,920 --> 00:29:15,880 Speaker 1: absolutely right. Putin in a corner, is putin dangerous and 536 00:29:16,160 --> 00:29:18,760 Speaker 1: he is going to try to use this to his advantage. 537 00:29:18,760 --> 00:29:21,240 Speaker 1: But he doesn't have much more that he can do 538 00:29:21,280 --> 00:29:24,120 Speaker 1: at this point. That's why, you know, Rick is talking about, 539 00:29:24,320 --> 00:29:26,520 Speaker 1: you know, signs of nuclear where we know that the 540 00:29:26,600 --> 00:29:30,000 Speaker 1: United States is looking for those signs intelligence agencies. They 541 00:29:30,040 --> 00:29:31,680 Speaker 1: don't know if they're going to find them if he 542 00:29:31,760 --> 00:29:34,640 Speaker 1: decides to use them. But we do see really a 543 00:29:34,720 --> 00:29:37,120 Speaker 1: cornered Putin at this point, and we don't know what 544 00:29:37,160 --> 00:29:40,920 Speaker 1: to expect. It's a really dangerous time for Russia and 545 00:29:40,960 --> 00:29:43,800 Speaker 1: for Ukraine. For those reasons, we've seen no movement in 546 00:29:43,880 --> 00:29:48,920 Speaker 1: Russia's nuclear arsenal. Rick, you just heard Melinda speaking earlier 547 00:29:49,560 --> 00:29:52,400 Speaker 1: making a very clear Melinda Herring from the Atlantic Council 548 00:29:52,440 --> 00:29:55,120 Speaker 1: that no one in Washington really expects that to happen. 549 00:29:55,120 --> 00:29:58,480 Speaker 1: Are you in that same group? Yeah? I mean, look, 550 00:29:58,600 --> 00:30:03,600 Speaker 1: we gotta remember earlier of this month, um, Ukraine claims 551 00:30:03,640 --> 00:30:07,480 Speaker 1: responsibility for attacks on Crimean air fields. Now this was 552 00:30:07,560 --> 00:30:12,640 Speaker 1: long before the announced referendum in these disputed areas, and 553 00:30:12,800 --> 00:30:17,200 Speaker 1: Crimea is considered by Vladimir Putin part of the Russian territory. 554 00:30:17,360 --> 00:30:21,960 Speaker 1: So when air bases were attacked in Crimea, did he 555 00:30:22,040 --> 00:30:26,720 Speaker 1: threatened a nuclear attack because we you know, because Ukraine 556 00:30:27,320 --> 00:30:31,440 Speaker 1: was hitting bases in Crimea. Uh no, more so than 557 00:30:31,480 --> 00:30:34,440 Speaker 1: he has in general. So uh, you know, I think 558 00:30:34,480 --> 00:30:36,600 Speaker 1: you's got to use history as the guide. And and 559 00:30:36,640 --> 00:30:39,520 Speaker 1: the reality is, you know, he likes to bluster about 560 00:30:39,600 --> 00:30:42,960 Speaker 1: you know, uh, you know, trying to escalate this war 561 00:30:43,040 --> 00:30:45,440 Speaker 1: because he thinks he gets a reaction out of the 562 00:30:45,520 --> 00:30:48,800 Speaker 1: US and our European allies. And he has right. We're 563 00:30:48,800 --> 00:30:52,080 Speaker 1: sitting around twisting in the wind about night giving F 564 00:30:52,200 --> 00:30:56,640 Speaker 1: six teams or Ukraine because we'll worry about escalation. Well, 565 00:30:56,760 --> 00:30:58,920 Speaker 1: you know the only thing that is escalatory at this 566 00:30:59,000 --> 00:31:03,120 Speaker 1: point is is Vladimir Putin using nuclear weapons? And and 567 00:31:03,320 --> 00:31:05,760 Speaker 1: and you just have to make a decision where you 568 00:31:05,760 --> 00:31:08,000 Speaker 1: think he's bluffed or not. I fear we're in for 569 00:31:08,040 --> 00:31:13,360 Speaker 1: another series of topless hunting photos, but we won't hold 570 00:31:13,360 --> 00:31:15,000 Speaker 1: our breath for that. Rick and Genie, I want to 571 00:31:15,040 --> 00:31:19,480 Speaker 1: ask you about hurricane Ian category for made landfall west 572 00:31:19,520 --> 00:31:23,160 Speaker 1: of Fort Myers. This is a big one, a big deal, uh, 573 00:31:23,200 --> 00:31:26,280 Speaker 1: and it is storm like this always comes with a 574 00:31:26,320 --> 00:31:30,120 Speaker 1: certain level of politics. President Biden talked about it today 575 00:31:30,160 --> 00:31:33,880 Speaker 1: at the aforementioned Hunger summit here in Washington and had 576 00:31:33,920 --> 00:31:37,280 Speaker 1: a warning, a warning for oil and gas companies. Listen. 577 00:31:37,640 --> 00:31:41,720 Speaker 1: My experts informed me the production of only about hundred 578 00:31:41,720 --> 00:31:44,120 Speaker 1: and nine thousand bars a day has been impacted by 579 00:31:44,160 --> 00:31:47,440 Speaker 1: the storm as far as listen to percentity United States 580 00:31:47,520 --> 00:31:51,000 Speaker 1: daily production impact for a very short period of time. 581 00:31:51,880 --> 00:31:57,040 Speaker 1: This small, temporary storm impact on oil production provides no excuse, 582 00:31:58,000 --> 00:32:02,240 Speaker 1: no excuse for price increases at the pump. None. If 583 00:32:02,280 --> 00:32:06,160 Speaker 1: guests companies try to use this storm to raise prices 584 00:32:06,160 --> 00:32:08,760 Speaker 1: the pump, I will ask officials are looking to whether 585 00:32:08,840 --> 00:32:12,720 Speaker 1: price gouging is going on. America is watching the industry 586 00:32:12,720 --> 00:32:15,800 Speaker 1: should do the right thing. Is that just a prerequisite 587 00:32:15,800 --> 00:32:18,280 Speaker 1: to say that when a storm is coming at this point, Genie, 588 00:32:18,320 --> 00:32:21,600 Speaker 1: this is a president that has had a very challenged 589 00:32:21,640 --> 00:32:25,280 Speaker 1: relationship with these companies lately. He has and he is 590 00:32:25,440 --> 00:32:28,000 Speaker 1: right to put this out there. The reality is and 591 00:32:28,000 --> 00:32:30,720 Speaker 1: and Joe Biden knows this better than anybody, that these 592 00:32:30,800 --> 00:32:34,640 Speaker 1: natural disasters can make or break a politician. It really 593 00:32:34,880 --> 00:32:37,400 Speaker 1: is a point at which you are seen as either 594 00:32:37,480 --> 00:32:41,280 Speaker 1: capable and able to manage a crisis or not. And 595 00:32:41,320 --> 00:32:44,680 Speaker 1: we've seen plenty of people who have been broken by storms. 596 00:32:44,720 --> 00:32:46,840 Speaker 1: You know, I live in New York and build a 597 00:32:46,840 --> 00:32:50,160 Speaker 1: Blasio never recovered from that first snow storm at his term, 598 00:32:50,480 --> 00:32:52,800 Speaker 1: John Lindsay, I mean you can go through the list, 599 00:32:53,040 --> 00:32:55,680 Speaker 1: So both Joe Biden and and de Santis know this 600 00:32:55,960 --> 00:32:58,080 Speaker 1: very well. I think this is a more fraught time, 601 00:32:58,160 --> 00:33:01,360 Speaker 1: quite frankly for the governor of Flora, because he's almost 602 00:33:01,560 --> 00:33:03,680 Speaker 1: in a position of he's damned if he doesn't, damned 603 00:33:03,680 --> 00:33:05,680 Speaker 1: if he doesn't, because he's facing Donald Trump on the 604 00:33:05,680 --> 00:33:07,920 Speaker 1: other side of Joe Biden. Well, let's talk about that. 605 00:33:08,080 --> 00:33:10,360 Speaker 1: Rhonda Santis got on the phone with Joe Biden, got 606 00:33:10,360 --> 00:33:12,440 Speaker 1: a phone call from Joe Biden. Everybody wants to be 607 00:33:12,480 --> 00:33:15,200 Speaker 1: a fly on the wall here, and it's just amazing, 608 00:33:15,240 --> 00:33:17,920 Speaker 1: you know, with shades of Obama and Chris Christie, although 609 00:33:17,960 --> 00:33:21,320 Speaker 1: I really just don't see a hug coming here. Rhonde 610 00:33:21,440 --> 00:33:24,640 Speaker 1: Santis talked about the call and was, you know, quite 611 00:33:24,640 --> 00:33:27,560 Speaker 1: respectful for somebody who's calling out Joe Biden on a 612 00:33:27,600 --> 00:33:30,480 Speaker 1: regular basis. Listen, you know, my my phone line is open. 613 00:33:30,760 --> 00:33:33,480 Speaker 1: When people's lives and their property at risk like this, 614 00:33:33,560 --> 00:33:35,600 Speaker 1: you know, we all need to work together, regardless of 615 00:33:35,600 --> 00:33:39,680 Speaker 1: party lines. The Biden administration has approved our request for 616 00:33:39,720 --> 00:33:43,320 Speaker 1: a pre landfall declaration and did that very quickly, so 617 00:33:43,320 --> 00:33:46,040 Speaker 1: so we're thankful for that. You know. Obviously, as this 618 00:33:46,160 --> 00:33:48,680 Speaker 1: the impacts are known, uh, you know, there's gonna be 619 00:33:48,760 --> 00:33:53,120 Speaker 1: more requests, particularly for individual assistance for fluoridians and may 620 00:33:53,120 --> 00:33:55,400 Speaker 1: have been displaced, you know. And it's my sense that 621 00:33:55,440 --> 00:33:57,760 Speaker 1: the administration, you know, wants to help. I think they 622 00:33:57,840 --> 00:34:01,640 Speaker 1: realize that this is a really significant warm How about that. 623 00:34:01,880 --> 00:34:03,760 Speaker 1: Is this the storm that takes the edge off the 624 00:34:03,760 --> 00:34:07,280 Speaker 1: santis Rick? Well, it certainly shows him to be more 625 00:34:07,280 --> 00:34:09,840 Speaker 1: of a statesman than most of his activities, you know, 626 00:34:10,000 --> 00:34:13,719 Speaker 1: shipping immigrants around the country. So uh yeah, I mean 627 00:34:14,680 --> 00:34:17,520 Speaker 1: this is right out of sort of politics one oh one. 628 00:34:18,120 --> 00:34:20,640 Speaker 1: You know, when when faced with this kind of massive 629 00:34:20,680 --> 00:34:24,160 Speaker 1: destructive power of a storm like this, uh, you got 630 00:34:24,239 --> 00:34:26,560 Speaker 1: to grow up and act like an adult. And and 631 00:34:26,640 --> 00:34:28,640 Speaker 1: he's doing that, and so is Joe Biden. I mean, 632 00:34:28,719 --> 00:34:33,160 Speaker 1: they they they are sounding like what politicians were supposed 633 00:34:33,160 --> 00:34:35,400 Speaker 1: to sound like when faced with this kind of crisis. 634 00:34:35,800 --> 00:34:39,920 Speaker 1: Cooperative states working with the federal government and vice versa 635 00:34:40,360 --> 00:34:43,600 Speaker 1: to ensure the safety of their people. And you know, 636 00:34:43,800 --> 00:34:45,640 Speaker 1: kudos to them for laying down the arms and not 637 00:34:45,680 --> 00:34:48,600 Speaker 1: taking shots at each other. And I just hope that 638 00:34:48,440 --> 00:34:52,560 Speaker 1: the you know, sort of chattering class in Washington takes 639 00:34:52,560 --> 00:34:55,120 Speaker 1: a lead from that and sort of just shuts up 640 00:34:55,160 --> 00:34:57,360 Speaker 1: for a little while. Between now and the midterms on 641 00:34:57,400 --> 00:35:00,640 Speaker 1: this so that the people of Florida can recover. Here here, 642 00:35:00,719 --> 00:35:02,960 Speaker 1: Well said, Uh, something else, I've got to ask you 643 00:35:02,960 --> 00:35:06,280 Speaker 1: guys about that happened at this UH Food summit today. 644 00:35:06,880 --> 00:35:09,520 Speaker 1: President Biden's just some this is kind of a tough 645 00:35:09,560 --> 00:35:11,680 Speaker 1: one to bring up, but he asked. He asked the 646 00:35:11,760 --> 00:35:14,439 Speaker 1: crowd there during that same speech of a congresswoman who 647 00:35:14,480 --> 00:35:18,120 Speaker 1: died last month was present. Listen to Joe Biden. I 648 00:35:18,200 --> 00:35:21,080 Speaker 1: want to thank all of you here for including bipartisan 649 00:35:21,120 --> 00:35:27,920 Speaker 1: elected officials like Representative Governor, Senator Braun, Senator Booker, Representative Jackie. 650 00:35:27,920 --> 00:35:32,759 Speaker 1: Are you here? Where's Jackie? I think here to help 651 00:35:32,840 --> 00:35:37,680 Speaker 1: make this a reality. That's Jackie Wolorski, the late Republican congresswoman. 652 00:35:37,719 --> 00:35:39,960 Speaker 1: We of course talked about this when had happened Indiana 653 00:35:40,960 --> 00:35:45,439 Speaker 1: Republican who died in a tragic car accident. The car crash. 654 00:35:45,480 --> 00:35:48,040 Speaker 1: The President clearly, I mean, if we could play it back, 655 00:35:48,080 --> 00:35:50,480 Speaker 1: but he sure seemed to think that she was supposed 656 00:35:50,520 --> 00:35:53,080 Speaker 1: to be there. Uh. This came up in the White 657 00:35:53,120 --> 00:35:55,520 Speaker 1: House briefing the White House Press Secretary. I'm not sure 658 00:35:55,520 --> 00:35:58,920 Speaker 1: it helped the matter. With her answer, here's Karine John Pierre. So, 659 00:35:59,040 --> 00:36:02,160 Speaker 1: the President, as you all know, you guys were watching 660 00:36:02,440 --> 00:36:06,280 Speaker 1: today's event, a very important event on food and security. 661 00:36:06,320 --> 00:36:09,880 Speaker 1: The President was naming the congressional champions on this issue 662 00:36:10,160 --> 00:36:14,160 Speaker 1: and was acknowledging her incredible work. He had. He had 663 00:36:14,200 --> 00:36:18,800 Speaker 1: already planned to welcome the congresswoman's family to the White 664 00:36:18,800 --> 00:36:21,640 Speaker 1: House on Friday. There will be a bill signing in 665 00:36:21,719 --> 00:36:25,480 Speaker 1: her honor this coming Friday. So of course she was 666 00:36:25,640 --> 00:36:28,160 Speaker 1: on his mind. She was of top of mind for 667 00:36:28,280 --> 00:36:31,920 Speaker 1: the President. He uh looks very much looks forward to 668 00:36:32,000 --> 00:36:35,960 Speaker 1: discussing her remarkable legacy of public service with them when 669 00:36:36,000 --> 00:36:39,440 Speaker 1: he sees her family this coming Friday, said Jackie already here? 670 00:36:39,480 --> 00:36:42,720 Speaker 1: Where's Jackie? She must not be here. I totally understand. 671 00:36:42,760 --> 00:36:45,120 Speaker 1: I just I just explained she was on top of mind, 672 00:36:45,800 --> 00:36:49,520 Speaker 1: top of mind, or on top of mind, as Karine 673 00:36:49,560 --> 00:36:52,080 Speaker 1: John Pierre put it. There, Genie is is? That's really 674 00:36:52,120 --> 00:36:56,400 Speaker 1: all anyone got in further questioning, here, is there a 675 00:36:56,440 --> 00:37:01,440 Speaker 1: line between gaff and competency or capacity when something like 676 00:37:01,520 --> 00:37:05,200 Speaker 1: this happens. You know, Joe Biden making gaffs is no 677 00:37:05,360 --> 00:37:08,440 Speaker 1: surprise to anyone. Um, We're all reminded. When he asked 678 00:37:08,520 --> 00:37:10,840 Speaker 1: Chuck Graham to stand up and Chuck Graham was in 679 00:37:10,840 --> 00:37:14,439 Speaker 1: a wheelchair. That was many, many years ago. Um, and 680 00:37:14,640 --> 00:37:17,520 Speaker 1: so this is not new for for for Joe Biden. 681 00:37:17,600 --> 00:37:21,160 Speaker 1: But I think, to me, this is a real failure 682 00:37:21,200 --> 00:37:24,000 Speaker 1: if I can call that of his communications team both 683 00:37:24,080 --> 00:37:27,280 Speaker 1: prior to the event, giving him what he needed to 684 00:37:27,320 --> 00:37:31,040 Speaker 1: succeed at that event, and then in the aftermath. You know, yes, 685 00:37:31,120 --> 00:37:34,400 Speaker 1: she's on his mind, but that was not an appropriate response. 686 00:37:34,640 --> 00:37:36,200 Speaker 1: What did you think of that reply? What do you 687 00:37:36,200 --> 00:37:39,319 Speaker 1: do with that? Rag? Yeah? Yeah, sometimes you just got 688 00:37:39,320 --> 00:37:42,279 Speaker 1: to say I'm sorry, right, I mean, the President made 689 00:37:42,320 --> 00:37:44,800 Speaker 1: a mistake today. Um. You know, this is one of 690 00:37:44,800 --> 00:37:48,000 Speaker 1: the things I really was impressed by John McCain, you know, 691 00:37:48,080 --> 00:37:50,359 Speaker 1: and working for him all those years. He did not 692 00:37:50,520 --> 00:37:53,239 Speaker 1: mind going out to the press and saying I screwed up, 693 00:37:53,760 --> 00:37:56,160 Speaker 1: and there it is, and then it stops the story. 694 00:37:56,400 --> 00:37:58,360 Speaker 1: And now this is we're gonna be talking about this 695 00:37:58,400 --> 00:37:59,880 Speaker 1: for a couple of days ago to make fun of 696 00:38:00,000 --> 00:38:02,400 Speaker 1: the genie with a spejove, this is Bloomberg