1 00:00:00,320 --> 00:00:03,040 Speaker 1: Live from our nation's came this budget thing is going 2 00:00:03,080 --> 00:00:05,520 Speaker 1: to do nothing Space Force. I still think it's interesting 3 00:00:05,559 --> 00:00:08,880 Speaker 1: President Trump not playing his cards yet headlines policy and 4 00:00:09,039 --> 00:00:14,960 Speaker 1: politics colliding Floomberg sound On, the Insiders, the influencers, the insides. 5 00:00:15,080 --> 00:00:17,319 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,320 --> 00:00:20,480 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,520 --> 00:00:22,880 Speaker 1: than it looked in. President Trump was sent here to 8 00:00:22,920 --> 00:00:26,439 Speaker 1: smash conventional norms in a sense Bernie Sanders has already was. 9 00:00:26,960 --> 00:00:31,600 Speaker 1: This is Bloomberg Sound On with Kevin Surley on Bloomberg 10 00:00:32,479 --> 00:00:36,120 Speaker 1: one oh five point seven m h D two. Bill 11 00:00:36,200 --> 00:00:38,960 Speaker 1: Barr says he has his boss is making his job 12 00:00:39,080 --> 00:00:44,560 Speaker 1: quote unquote impossible. The fallout, the drama following Roger Stone 13 00:00:44,640 --> 00:00:46,600 Speaker 1: Somewhere Roger Stone, I would love to know what he 14 00:00:46,640 --> 00:00:49,760 Speaker 1: thinks about all of his drama surrounding his sentencing and 15 00:00:49,880 --> 00:00:52,800 Speaker 1: President Trump continuing to respond it's now the lead story again. 16 00:00:52,800 --> 00:00:55,720 Speaker 1: I thought we were past the impeachment stuff. We're not. 17 00:00:56,080 --> 00:00:58,520 Speaker 1: We're just gonna dive right into it. And of course, 18 00:00:58,520 --> 00:01:01,480 Speaker 1: the latest on the coronavirus this is it's continuing to 19 00:01:01,520 --> 00:01:05,800 Speaker 1: send some shockwaves through the financial world as general Secretary 20 00:01:05,880 --> 00:01:09,960 Speaker 1: Shi Jing Ping really doing the proper job and working 21 00:01:10,000 --> 00:01:12,759 Speaker 1: with the United States. A lot of questions about that, folks. 22 00:01:13,000 --> 00:01:17,600 Speaker 1: And of course, now in full fledged is we inch 23 00:01:17,720 --> 00:01:23,000 Speaker 1: closer to that Nevada Las Vegas Nevada debate next week? 24 00:01:23,680 --> 00:01:27,240 Speaker 1: I'm Kevin Surreally, Chief Washington corresponded for Bloomberg Television and Radio. 25 00:01:27,360 --> 00:01:31,240 Speaker 1: Sarah Kim's in the building. Sarah Kim, Republican strategist ditch 26 00:01:31,360 --> 00:01:35,080 Speaker 1: DC for Dallas, former senior adviser and the Trump administration, 27 00:01:35,120 --> 00:01:38,199 Speaker 1: an attorney at Sheep and Stone. She's back in Washington. 28 00:01:38,600 --> 00:01:42,160 Speaker 1: So she's going to join us and Roger Fisk, Democratic strategist, 29 00:01:42,240 --> 00:01:46,360 Speaker 1: longtime President Obama aid and principle of New Day Strategy. Trouble, folks, 30 00:01:46,360 --> 00:01:48,320 Speaker 1: the three of us together, you never know what's gonna 31 00:01:48,360 --> 00:01:50,120 Speaker 1: come out. This is gonna be a fun show, which 32 00:01:50,160 --> 00:01:53,120 Speaker 1: means I have to be serious because two of my 33 00:01:53,200 --> 00:01:56,320 Speaker 1: favorites are here, Sarah Kim, Republican strategist, and Roger Fisk, 34 00:01:56,400 --> 00:01:59,560 Speaker 1: a Democratic strategist. And I said in the intro trouble 35 00:01:59,800 --> 00:02:04,400 Speaker 1: with the three of us, who really knows? And I 36 00:02:04,440 --> 00:02:07,560 Speaker 1: have off tomorrow, so this is technically my Friday. So 37 00:02:07,680 --> 00:02:09,760 Speaker 1: and I said, to Anthony Mancini, who's the big boss 38 00:02:09,840 --> 00:02:11,960 Speaker 1: of Bloomberg Radio. I caught him before I came on 39 00:02:11,960 --> 00:02:13,799 Speaker 1: the show. He is off tomorrow. He said it to 40 00:02:13,840 --> 00:02:16,080 Speaker 1: Bethany Beach. I said, I'm headed to my uncle's hogi 41 00:02:16,120 --> 00:02:18,200 Speaker 1: shop and Delco. Oh my god, so we can tell 42 00:02:18,280 --> 00:02:23,760 Speaker 1: like the sixty minute version of the Aristocrats joke, I'm 43 00:02:23,840 --> 00:02:26,680 Speaker 1: going to Delco, gonna get some hot wings with my dad, 44 00:02:27,160 --> 00:02:29,799 Speaker 1: Gonna have my hog from from the best Sandwiches and 45 00:02:29,880 --> 00:02:33,840 Speaker 1: Delco ever for forty three years now, my uncle Mikey, 46 00:02:33,919 --> 00:02:37,280 Speaker 1: and I'm excited. You know, How's How's what do you 47 00:02:37,639 --> 00:02:39,840 Speaker 1: Valentine's say? So I can see my parents because Kevin's single. 48 00:02:39,960 --> 00:02:44,399 Speaker 1: But here also well, we are also going out of town. 49 00:02:44,400 --> 00:02:49,519 Speaker 1: We're going to South Carolina toge ptoluffs like Hilton Head. 50 00:02:50,040 --> 00:02:51,919 Speaker 1: Very nice. Yeah, the bott of folks are going to 51 00:02:51,960 --> 00:02:53,720 Speaker 1: be headed down to South Carolina over the next couple 52 00:02:53,760 --> 00:02:56,280 Speaker 1: of weeks. Roger, who has the upper hand of the 53 00:02:56,280 --> 00:02:59,560 Speaker 1: Democratic race, we'll talk about it coming up. It's seemingly 54 00:02:59,600 --> 00:03:01,680 Speaker 1: the same one the current occupant of the White House 55 00:03:01,760 --> 00:03:04,239 Speaker 1: right now, but we'll we'll see. I mean, he's he's 56 00:03:04,480 --> 00:03:06,760 Speaker 1: he's had a good week and and uh, you know, 57 00:03:06,840 --> 00:03:09,800 Speaker 1: primaries are always messy, right, and they're always kind of 58 00:03:09,919 --> 00:03:14,160 Speaker 1: splintered and fractured and giant mess Yeah, and it should 59 00:03:14,160 --> 00:03:16,360 Speaker 1: at this point. I mean, part of that is good 60 00:03:16,639 --> 00:03:20,000 Speaker 1: in the sense of like it makes the fall much 61 00:03:20,040 --> 00:03:23,760 Speaker 1: more real and much more precipitous. Right. And it's similar. 62 00:03:23,800 --> 00:03:25,880 Speaker 1: I always think of it as like when Obama burned 63 00:03:26,360 --> 00:03:29,480 Speaker 1: bombed the first debate. It wakes people up to the 64 00:03:29,520 --> 00:03:32,600 Speaker 1: idea that you know, we could lose this, and that 65 00:03:32,680 --> 00:03:35,640 Speaker 1: helps with organizing, It helps with motivation, it helps with focus. 66 00:03:35,840 --> 00:03:37,839 Speaker 1: But I feel I still feel like and we're gonna 67 00:03:38,040 --> 00:03:39,840 Speaker 1: talk about the main story coming up, but just to 68 00:03:39,840 --> 00:03:42,560 Speaker 1: put a dot dot dot on that for coming up, 69 00:03:42,880 --> 00:03:46,960 Speaker 1: I still feel like Bernie Standers has been absolutely crushing it. Yeah, 70 00:03:47,160 --> 00:03:50,880 Speaker 1: I mean well, I mean, first off, sometimes we overcomplicate things, 71 00:03:50,880 --> 00:03:52,880 Speaker 1: and I always just like a win is a win, right, 72 00:03:53,120 --> 00:03:56,760 Speaker 1: And yes, and and Iowa was had its had its problems. 73 00:03:57,200 --> 00:04:00,160 Speaker 1: Um he wanted he won New Hampshire. No, I'm not 74 00:04:00,160 --> 00:04:02,640 Speaker 1: trying to make light of that, but any any any 75 00:04:02,760 --> 00:04:06,880 Speaker 1: anyone New Hampshire. He didn't meet some of the numbers 76 00:04:06,880 --> 00:04:08,800 Speaker 1: that he had last time. But it was more binary, 77 00:04:08,880 --> 00:04:10,760 Speaker 1: right because it was he was just him and one 78 00:04:10,760 --> 00:04:13,240 Speaker 1: other person, so it's a broader field. And then I 79 00:04:13,280 --> 00:04:15,400 Speaker 1: think the biggest story, and I know we'll get into 80 00:04:15,400 --> 00:04:18,039 Speaker 1: this at some point, but the biggest story is two tiered, 81 00:04:18,080 --> 00:04:22,520 Speaker 1: which is one UH Senator Clobachar, and then the the 82 00:04:22,560 --> 00:04:26,039 Speaker 1: addendum to that is the gap between Clobachar and Warren. 83 00:04:26,320 --> 00:04:30,320 Speaker 1: Because me a proud Bostonian, um, I've worked a lot 84 00:04:30,320 --> 00:04:33,880 Speaker 1: of New Hampshire races in my time, and if you're 85 00:04:34,080 --> 00:04:36,760 Speaker 1: a U. S. Senator from a neighboring state, you should 86 00:04:36,800 --> 00:04:40,360 Speaker 1: have some level of organization that can head across that 87 00:04:40,600 --> 00:04:43,000 Speaker 1: border and knock on doors and and get and turn 88 00:04:43,080 --> 00:04:45,480 Speaker 1: people out. So the forensics of this will be very 89 00:04:45,520 --> 00:04:47,800 Speaker 1: interesting once we can actually dig into what happened up there. 90 00:04:47,880 --> 00:04:50,920 Speaker 1: Let's dig into coming up. But now let's begin tonight 91 00:04:50,960 --> 00:04:53,560 Speaker 1: with our lead story. Reading from the Bloomberg terminal, Attorney 92 00:04:53,600 --> 00:04:57,120 Speaker 1: General William Barr said, Donald Trump's tweets and public comments 93 00:04:57,160 --> 00:05:00,960 Speaker 1: about the Justice Department and ongoing says make his job 94 00:05:01,080 --> 00:05:05,440 Speaker 1: quote unquote impossible. A rare public rebuke of the President 95 00:05:05,480 --> 00:05:08,159 Speaker 1: by one of his most trusted cabinet members. I'm gonna 96 00:05:08,160 --> 00:05:10,680 Speaker 1: play for you now. A portion of that interview that A. G. 97 00:05:10,800 --> 00:05:12,840 Speaker 1: Bar gave with ABC News Seria, and I want to 98 00:05:12,880 --> 00:05:16,040 Speaker 1: get your response. Take a listen to Attorney General William Barr. 99 00:05:16,400 --> 00:05:20,840 Speaker 1: To have public statements and tweets made about the department 100 00:05:21,839 --> 00:05:26,920 Speaker 1: about people in the department. Are are men and women here? 101 00:05:26,960 --> 00:05:31,000 Speaker 1: About cases pending in the department, and about judges before 102 00:05:31,000 --> 00:05:35,919 Speaker 1: whom we have cases, Uh, make it impossible for me 103 00:05:36,000 --> 00:05:39,000 Speaker 1: to do my job. So this is this is riveting 104 00:05:39,120 --> 00:05:42,200 Speaker 1: because here's someone who is in lockstep up until now 105 00:05:42,640 --> 00:05:47,520 Speaker 1: with President Trump. And it all comes uh since the 106 00:05:47,560 --> 00:05:50,279 Speaker 1: Department of Justice was thrust into a crisis when it 107 00:05:50,360 --> 00:05:53,480 Speaker 1: reversed course this week on a recommendation about how long 108 00:05:53,600 --> 00:05:58,600 Speaker 1: time Roger Stone ally Roger Obama ally Roger Stone about 109 00:05:58,640 --> 00:06:02,200 Speaker 1: how long he would serve and go to prison for Trump? 110 00:06:02,240 --> 00:06:05,200 Speaker 1: Alley Trump, Allay, who did I say? Obama? It was 111 00:06:05,240 --> 00:06:09,800 Speaker 1: an overlap from my introducing me ye bad things. I 112 00:06:09,839 --> 00:06:12,120 Speaker 1: know that Roger Stone is not an ally of Barack 113 00:06:12,160 --> 00:06:15,920 Speaker 1: Obama and is an ally kicking the show off with agreement. 114 00:06:16,040 --> 00:06:20,239 Speaker 1: Here I go, Anthony, are you listening? Said okay? Roger 115 00:06:20,279 --> 00:06:24,840 Speaker 1: Stone joking, Okay, Roger Stone, longtime ally of Trump that 116 00:06:25,040 --> 00:06:30,160 Speaker 1: he got his prison sentence shortened after these public comments, 117 00:06:30,160 --> 00:06:33,120 Speaker 1: and now you have bar Serry Kim saying that it's 118 00:06:33,120 --> 00:06:37,599 Speaker 1: impossible for intersum. I'm baffled by this. Well, I would 119 00:06:37,600 --> 00:06:40,800 Speaker 1: recommend you not be baffled for two reasons. First and foremost, 120 00:06:40,800 --> 00:06:44,320 Speaker 1: when sentencing guidelines goes into the Department of Justice, they're 121 00:06:44,360 --> 00:06:47,680 Speaker 1: always under review. It's not like you know, boxing up 122 00:06:47,720 --> 00:06:50,200 Speaker 1: something and sending it back to Amazon Prime. There's a 123 00:06:50,240 --> 00:06:54,080 Speaker 1: process that goes into effect, and so this is not unusual. 124 00:06:54,160 --> 00:06:56,240 Speaker 1: This is much like when the Inspector General of the 125 00:06:56,240 --> 00:07:00,280 Speaker 1: Department of Justice said that Attorney General Eric Holder flew 126 00:07:00,320 --> 00:07:02,680 Speaker 1: one point two million dollars worth of private jets and 127 00:07:02,720 --> 00:07:06,000 Speaker 1: it was illegal. These things happen. So I'm baffled the 128 00:07:06,120 --> 00:07:09,840 Speaker 1: bar Is is speaking out, and so that that would 129 00:07:09,880 --> 00:07:13,880 Speaker 1: be the other thing. President Trump has always loved candor, 130 00:07:14,000 --> 00:07:17,120 Speaker 1: and one of the reasons why bar is held highly 131 00:07:17,160 --> 00:07:19,480 Speaker 1: in regard is what you see is what you get. 132 00:07:19,560 --> 00:07:22,640 Speaker 1: Much like the President and unlike let's say, for instance, 133 00:07:22,800 --> 00:07:26,160 Speaker 1: General Kelly, who would say one thing and do something else, 134 00:07:26,440 --> 00:07:29,320 Speaker 1: what bar is saying is what he feels. I like candor, 135 00:07:29,600 --> 00:07:31,560 Speaker 1: I like canderin someone picks up the phone and tells 136 00:07:31,560 --> 00:07:34,640 Speaker 1: me what they're thinking not when they go on ABC News. Roger, Yeah, 137 00:07:34,800 --> 00:07:37,600 Speaker 1: I agreed with the first part of what Sarah said, 138 00:07:37,640 --> 00:07:42,400 Speaker 1: but there's scant evidence that the president appreciates being advised 139 00:07:42,400 --> 00:07:46,720 Speaker 1: in public. And I can't tell if this is kind 140 00:07:46,760 --> 00:07:49,640 Speaker 1: of a kabuki dance on the Attorney General's part, which 141 00:07:49,680 --> 00:07:52,040 Speaker 1: is to say, hey, Mr President, I'm going to go 142 00:07:52,080 --> 00:07:54,360 Speaker 1: out there and have to you know, kind of establish 143 00:07:54,360 --> 00:07:56,440 Speaker 1: a little bit of independence from the last seventy two 144 00:07:56,480 --> 00:08:00,000 Speaker 1: hours and just so you know, because I don't necessary 145 00:08:00,000 --> 00:08:03,320 Speaker 1: early buy it and I understand the process parts, but 146 00:08:03,400 --> 00:08:06,680 Speaker 1: you would think that that consultation would happen when the 147 00:08:06,760 --> 00:08:11,480 Speaker 1: case is being deliberated internally, not after the prosecutors have 148 00:08:11,560 --> 00:08:15,000 Speaker 1: submitted their sentencing recommendations to the judge. Those kind of 149 00:08:15,000 --> 00:08:17,640 Speaker 1: conversations within the d o J going you know, in 150 00:08:17,720 --> 00:08:20,160 Speaker 1: a in a vertical up and down between leadership and 151 00:08:20,240 --> 00:08:24,920 Speaker 1: the frontline prosecutors would happen before that, before that recommendation 152 00:08:25,000 --> 00:08:27,160 Speaker 1: is made from the prosecutors. So I hear you on 153 00:08:27,200 --> 00:08:30,200 Speaker 1: the process parts, but to expect it to happen after 154 00:08:30,280 --> 00:08:32,880 Speaker 1: as a a little unusual. Let's hear from President Trump, 155 00:08:32,880 --> 00:08:35,000 Speaker 1: but he said yesterday we don't have reaction yet and 156 00:08:35,000 --> 00:08:36,640 Speaker 1: what he what he has to say about barronw On on 157 00:08:36,600 --> 00:08:39,000 Speaker 1: on ABC News. But here's President Trump. I want to 158 00:08:39,040 --> 00:08:42,959 Speaker 1: thank the Justice Department for seeing this, this horrible thing. 159 00:08:42,960 --> 00:08:44,440 Speaker 1: And I didn't speak to him, by the way, just 160 00:08:44,480 --> 00:08:48,000 Speaker 1: so you understand, they saw the horribleness of a nine 161 00:08:48,080 --> 00:08:51,440 Speaker 1: years sentence for doing nothing. That was President Trump. And 162 00:08:51,480 --> 00:08:53,320 Speaker 1: coming up, we're gonna talk a little bit more about this. 163 00:08:53,480 --> 00:08:55,560 Speaker 1: We're also going to get fresh reaction from Speaker of 164 00:08:55,559 --> 00:08:58,760 Speaker 1: the House Nancy Pelosi on this saga as well, and 165 00:08:58,840 --> 00:09:01,720 Speaker 1: of course on correct onavirus and China US trying to 166 00:09:01,720 --> 00:09:05,520 Speaker 1: trade relations back into the forefront of the news cycle 167 00:09:05,800 --> 00:09:09,839 Speaker 1: as paway developments shaking things up along with coronavirus. I'm 168 00:09:09,880 --> 00:09:12,840 Speaker 1: Kevin Cirelli, Chief Watching a correspondent for Bloomberg Television and 169 00:09:12,920 --> 00:09:16,640 Speaker 1: Bloomberg Radio. The kabuki dance continues with Roger Fisk and 170 00:09:16,880 --> 00:09:27,120 Speaker 1: Sarah Kim. You're listening to Bloomberg. You're listening to Bloomberg. 171 00:09:27,240 --> 00:09:31,319 Speaker 1: Sound on with Kevin Currel on Bloomberg and one oh 172 00:09:31,400 --> 00:09:33,840 Speaker 1: five point seven f M h D two. This is 173 00:09:33,880 --> 00:09:36,400 Speaker 1: an effusive power that the president is again trying to 174 00:09:36,480 --> 00:09:41,480 Speaker 1: manipulate federal law enforcement to serve his political interest. That 175 00:09:41,640 --> 00:09:46,240 Speaker 1: was Speaker of the House Nancy Pelosi. She was talking 176 00:09:46,440 --> 00:09:50,880 Speaker 1: about Roger Stone, who got his sentence reduced. You know what, 177 00:09:50,960 --> 00:09:54,040 Speaker 1: I think he has a gag order on himself, so 178 00:09:54,080 --> 00:09:56,320 Speaker 1: we can't hear from Roger Stone. But you know, somewhere 179 00:09:56,360 --> 00:09:58,880 Speaker 1: down in Florida, folks, Roger Stone is just keeping a 180 00:09:58,960 --> 00:10:01,880 Speaker 1: journal or do something. And I'm no reporting to back 181 00:10:01,880 --> 00:10:03,480 Speaker 1: this up because I haven't spoken to him because he's 182 00:10:03,480 --> 00:10:06,880 Speaker 1: got that gag order. But you know, I'm dying to 183 00:10:06,960 --> 00:10:09,680 Speaker 1: know what Roger Stone has to say about all of this. 184 00:10:09,920 --> 00:10:11,920 Speaker 1: I just think he's in the center of the news 185 00:10:11,920 --> 00:10:14,880 Speaker 1: cycle and Roger Stone can't talk. He's he must be 186 00:10:14,960 --> 00:10:18,640 Speaker 1: going crazy. Roger Fisk is here, a long time ally 187 00:10:18,760 --> 00:10:23,959 Speaker 1: aide to former President Barack Obama. And Sarah Kim is here, 188 00:10:24,040 --> 00:10:28,240 Speaker 1: she's a Republican strategist. Ditched us for Texas, and uh, 189 00:10:28,280 --> 00:10:31,400 Speaker 1: maybe I'll be there for Super Tuesday. Sorry. Jerry Jones says, hello, 190 00:10:31,480 --> 00:10:34,840 Speaker 1: I know how much you love the Dallas Cowboys. Mr Eagles. 191 00:10:36,440 --> 00:10:39,360 Speaker 1: You know, literally I got challenged. Did you hear the show? 192 00:10:39,400 --> 00:10:43,600 Speaker 1: I mean, but Governor Chris Sun earlier this week literally 193 00:10:43,720 --> 00:10:45,960 Speaker 1: challenged me to a fight. When I went after the Patriots, 194 00:10:46,280 --> 00:10:48,720 Speaker 1: I'm telling you people take people a real serious and 195 00:10:48,760 --> 00:10:52,640 Speaker 1: you go up Hampshire. It was disgusting to see how 196 00:10:52,679 --> 00:10:56,880 Speaker 1: many people have Patriots fan dear on their hats. They 197 00:10:56,880 --> 00:11:02,360 Speaker 1: have they have, they have jackets and sweatshirts, sacril bumper stickers. 198 00:11:02,800 --> 00:11:06,119 Speaker 1: Here I am at the one thing Trump world, a Democrat, 199 00:11:06,880 --> 00:11:09,120 Speaker 1: Bernie Sanders world agrees on up there is they all 200 00:11:09,160 --> 00:11:14,040 Speaker 1: like the Patriots. It's disgusting anyway. Um, so let's just 201 00:11:14,040 --> 00:11:15,520 Speaker 1: put an ud point on this. We just heard from 202 00:11:15,520 --> 00:11:19,559 Speaker 1: Speaker Pelosi Roger what could she do? They already impeached him. 203 00:11:19,559 --> 00:11:23,840 Speaker 1: It didn't go anywhere. She can do nothing. And apparently 204 00:11:23,880 --> 00:11:26,640 Speaker 1: the president can, you know, in the bar vision of articles, 205 00:11:26,640 --> 00:11:29,880 Speaker 1: who can do whatever he wants and bars bars fingerprints 206 00:11:29,880 --> 00:11:34,280 Speaker 1: are directly on that idea that is now infected the 207 00:11:34,280 --> 00:11:38,040 Speaker 1: president's brain. Um, because that didn't just happen in a vacuum. 208 00:11:38,120 --> 00:11:41,680 Speaker 1: There's people around him that actually say and and I 209 00:11:41,679 --> 00:11:43,480 Speaker 1: know we're going to talk about warpowers, but a lot 210 00:11:43,520 --> 00:11:46,640 Speaker 1: of this gets back to that that kind of title 211 00:11:47,160 --> 00:11:50,679 Speaker 1: push and pull as the White House changes parties and 212 00:11:50,720 --> 00:11:53,440 Speaker 1: things like that about the strong executive and you know, 213 00:11:53,440 --> 00:11:55,839 Speaker 1: it goes back to the Vietnam War in some ways, 214 00:11:55,840 --> 00:11:59,240 Speaker 1: and it goes back to nine eleven more recently, um 215 00:11:59,720 --> 00:12:01,600 Speaker 1: and and people are you know, it's kind of the 216 00:12:01,679 --> 00:12:04,480 Speaker 1: classic reflective surface right when when the when the parties 217 00:12:04,480 --> 00:12:05,960 Speaker 1: out of the White House, they want to reign in 218 00:12:06,000 --> 00:12:07,960 Speaker 1: a president. When the party's in the White House, they're 219 00:12:08,360 --> 00:12:11,680 Speaker 1: big fans of a robust executive um. But to bring 220 00:12:11,720 --> 00:12:14,480 Speaker 1: us full circle to your question, I mean the speakers 221 00:12:14,559 --> 00:12:16,960 Speaker 1: just acting as the most senior Democrat in the federal 222 00:12:17,000 --> 00:12:21,439 Speaker 1: government and trying to hold some kind of uh spotlight 223 00:12:21,640 --> 00:12:25,520 Speaker 1: on on the ethical, moral, political shortcomings of the administration, 224 00:12:25,720 --> 00:12:28,640 Speaker 1: of which there are many. So let's talk about two things. 225 00:12:28,640 --> 00:12:32,440 Speaker 1: One would be the actual terminology abusive power. Because Nancy 226 00:12:32,440 --> 00:12:35,120 Speaker 1: Pelosi has spent the last three to four months saying 227 00:12:35,160 --> 00:12:38,079 Speaker 1: that abusive power was at the heart of the Ukrainian 228 00:12:38,120 --> 00:12:41,240 Speaker 1: issue they impeach the president on. It no longer has meaning. 229 00:12:41,280 --> 00:12:43,160 Speaker 1: It's like when you put scotch tape to a wall 230 00:12:43,400 --> 00:12:45,200 Speaker 1: and peel it off a bunch of time, it no 231 00:12:45,280 --> 00:12:48,480 Speaker 1: longer sticks. That terminology doesn't work. She needs a new 232 00:12:48,480 --> 00:12:50,680 Speaker 1: one if she's going to go after Trump. And second, 233 00:12:50,760 --> 00:12:54,200 Speaker 1: as it relates to the war powers itself. Um, it's 234 00:12:54,240 --> 00:12:57,120 Speaker 1: fine that a couple of senators on the Republican party 235 00:12:57,200 --> 00:12:59,920 Speaker 1: want to vote against the president. But let's go there. 236 00:13:00,520 --> 00:13:03,160 Speaker 1: Let's let's go there. Because just to catch everybody up 237 00:13:03,160 --> 00:13:05,840 Speaker 1: to speed, now that we've talked about, uh, the whole 238 00:13:05,880 --> 00:13:08,560 Speaker 1: situation with Roger Stone, that the other big story today 239 00:13:08,960 --> 00:13:11,760 Speaker 1: is how the Senate voted to restrict President Trump's ability 240 00:13:11,800 --> 00:13:16,760 Speaker 1: to take military action against Iran, and eight Republicans joined 241 00:13:16,760 --> 00:13:21,840 Speaker 1: Democrats to approve a measure that would require express Congressional 242 00:13:21,840 --> 00:13:24,600 Speaker 1: approval before a strike. I'm reading from my colleagues, from 243 00:13:24,600 --> 00:13:28,240 Speaker 1: my colleague Daniel Flatley's reporting on the Bloomberg terminal. So 244 00:13:28,559 --> 00:13:34,280 Speaker 1: Tim Caine, Democrat from Virginia, introduced this resolution, and what 245 00:13:34,360 --> 00:13:37,640 Speaker 1: it does is bars the United States troops from engaging 246 00:13:37,640 --> 00:13:40,959 Speaker 1: in hostilities against Iran or in any part of its 247 00:13:40,960 --> 00:13:46,080 Speaker 1: government or military unless Congress declares war or specifically authorizes 248 00:13:46,120 --> 00:13:50,160 Speaker 1: the use of military force. I'm struck by this because 249 00:13:50,200 --> 00:13:52,960 Speaker 1: this is a debate that has been going on for years. 250 00:13:53,040 --> 00:13:56,559 Speaker 1: And uh, Mike Lee and Rampaul remember a couple of 251 00:13:56,640 --> 00:13:59,160 Speaker 1: weeks ago said that they didn't get an adequate briefing 252 00:13:59,720 --> 00:14:06,000 Speaker 1: by it. I mean, well, and Lee was furious. The problem, 253 00:14:08,240 --> 00:14:10,320 Speaker 1: but the problem is not what a couple of United 254 00:14:10,320 --> 00:14:13,360 Speaker 1: States senators want. You have to always write the text 255 00:14:13,720 --> 00:14:18,600 Speaker 1: tightly when you cry. So this is the problem as 256 00:14:18,600 --> 00:14:22,000 Speaker 1: a former Hill staffer, as an attorney. If you write 257 00:14:22,040 --> 00:14:25,440 Speaker 1: a word, it has to have significant effect. If you 258 00:14:25,520 --> 00:14:28,760 Speaker 1: say strike, it has to mean something a United States 259 00:14:28,760 --> 00:14:32,640 Speaker 1: president has done quote unquote strikes for since the creation 260 00:14:32,760 --> 00:14:36,320 Speaker 1: of the American presidency. You have to tightly construe that language. 261 00:14:36,320 --> 00:14:38,560 Speaker 1: And they did a bad job. And that's why it's 262 00:14:38,600 --> 00:14:40,600 Speaker 1: going to come out with only fifty five and the 263 00:14:40,600 --> 00:14:43,280 Speaker 1: President is going to vie to it. But more I did, 264 00:14:43,520 --> 00:14:46,400 Speaker 1: I did want to mention that. So the president, as 265 00:14:46,440 --> 00:14:49,400 Speaker 1: as it stands right now, has the ability to override 266 00:14:49,720 --> 00:14:51,400 Speaker 1: to override that. I mean, you know, they don't have 267 00:14:51,440 --> 00:14:53,120 Speaker 1: the votes to override it as it stands right now. 268 00:14:53,120 --> 00:14:54,840 Speaker 1: The President is going to vito it, right. And then 269 00:14:54,880 --> 00:14:58,320 Speaker 1: the second thing is just basically national security. You have 270 00:14:58,480 --> 00:15:01,680 Speaker 1: seen your listeners do all four of us have seen it. 271 00:15:02,120 --> 00:15:05,400 Speaker 1: When you have a highly partisan environment and you don't 272 00:15:05,440 --> 00:15:08,760 Speaker 1: have access to all the information, people make decisions that 273 00:15:08,800 --> 00:15:11,400 Speaker 1: we don't even know about. So why should the United 274 00:15:11,400 --> 00:15:13,920 Speaker 1: States Department of Defense which is under the executive be 275 00:15:14,040 --> 00:15:17,200 Speaker 1: constrained by partisan politicis. So let me let me ask 276 00:15:17,200 --> 00:15:20,480 Speaker 1: you this, and quickly so. According to the wordage and 277 00:15:20,560 --> 00:15:25,800 Speaker 1: the language of this particular legislation that they voted on today, this, 278 00:15:26,600 --> 00:15:29,840 Speaker 1: do you think it's specific enough or would hold up 279 00:15:29,840 --> 00:15:33,400 Speaker 1: in court to keep the President Serai Kim from from 280 00:15:33,440 --> 00:15:37,720 Speaker 1: acting against an imminent threat in Iran? Absolutely not no, 281 00:15:37,880 --> 00:15:41,840 Speaker 1: do you? And do you Roger Fisk? Because he would 282 00:15:41,880 --> 00:15:43,920 Speaker 1: just go ahead and do whatever he wanted in the 283 00:15:44,080 --> 00:15:47,440 Speaker 1: GOP would roll out. And I say this respectfully, Roger, 284 00:15:48,120 --> 00:15:52,239 Speaker 1: But the previous administration Obama, which happens to be Democrat, 285 00:15:52,360 --> 00:15:57,040 Speaker 1: and the administration before that, Republican Bush. I mean both 286 00:15:57,120 --> 00:16:02,000 Speaker 1: of those administrations used drone strikes, use other military there 287 00:16:02,040 --> 00:16:07,080 Speaker 1: are troops overseas. I mean, I get from a from 288 00:16:07,080 --> 00:16:11,440 Speaker 1: a non political junkie, non national security perspective, what today's 289 00:16:11,640 --> 00:16:14,760 Speaker 1: legislation does and what it signifies. But to hold it 290 00:16:14,840 --> 00:16:18,800 Speaker 1: up in court, dare I say it feels impractical? I 291 00:16:18,800 --> 00:16:22,200 Speaker 1: would more come at it categorically rather than nations specific 292 00:16:22,280 --> 00:16:25,440 Speaker 1: and say the Warpowers Act can be re upt every 293 00:16:25,520 --> 00:16:29,520 Speaker 1: eighteen months with some you know margin in the Senate 294 00:16:29,640 --> 00:16:31,560 Speaker 1: or something like that, because I think one of the 295 00:16:31,600 --> 00:16:34,720 Speaker 1: issues here and it gets someone to Saria's point about 296 00:16:34,880 --> 00:16:37,160 Speaker 1: you know, the wording is it must, shall, should, won't 297 00:16:37,200 --> 00:16:40,440 Speaker 1: will that kind of stuff. But also if it's so 298 00:16:40,480 --> 00:16:44,400 Speaker 1: elastic that it can encompass any situation and it can 299 00:16:44,480 --> 00:16:48,080 Speaker 1: ultimately mean everything, then it really ultimately means nothing in 300 00:16:48,120 --> 00:16:49,840 Speaker 1: the sense of like if if it can just be 301 00:16:49,880 --> 00:16:53,360 Speaker 1: willy nilly applied to any situation in the world, then 302 00:16:53,400 --> 00:16:56,360 Speaker 1: it's then it's it's time to bring it to a 303 00:16:56,400 --> 00:16:59,640 Speaker 1: full stop and then and modernize it all right, coming 304 00:16:59,720 --> 00:17:01,800 Speaker 1: upward and to talk more about this as well as 305 00:17:01,800 --> 00:17:04,480 Speaker 1: the U. S and China. This conversation that we're having. 306 00:17:04,520 --> 00:17:06,960 Speaker 1: By the way, I don't think it's had enough. I 307 00:17:06,960 --> 00:17:10,240 Speaker 1: think it's so polarized right now. But what Rogers said, 308 00:17:10,240 --> 00:17:12,399 Speaker 1: what you just said, Sarah in terms of there actually 309 00:17:12,480 --> 00:17:14,640 Speaker 1: is unit unity on it, and and it's a very 310 00:17:14,680 --> 00:17:17,399 Speaker 1: complex issue in nuanced and I appreciate it, especially when 311 00:17:17,440 --> 00:17:19,440 Speaker 1: we're able to see past party lines. I'm Kevin's really 312 00:17:19,600 --> 00:17:29,160 Speaker 1: you're listening to Bloomberg. This is Bloomberg Sound On with 313 00:17:29,240 --> 00:17:33,640 Speaker 1: Kevin Surreley on Bloomberg and one oh five point seven 314 00:17:33,720 --> 00:17:36,520 Speaker 1: f M H. D two. The Senate just sent a 315 00:17:36,640 --> 00:17:41,919 Speaker 1: clear shot across the bow. A bipartisan majority of Senators 316 00:17:42,480 --> 00:17:47,080 Speaker 1: don't want the president waging war without congressional approval. That's 317 00:17:47,080 --> 00:17:51,359 Speaker 1: Sentimentarity Leader Chuck Schumer, Democrat from New York, talking about 318 00:17:51,359 --> 00:17:55,439 Speaker 1: that War Powers Act that past and the Senate today 319 00:17:55,960 --> 00:17:58,280 Speaker 1: aimed at sending a message President Trump as it relates 320 00:17:58,280 --> 00:18:01,320 Speaker 1: to military action against a row. But President said he's 321 00:18:01,320 --> 00:18:04,000 Speaker 1: gonna veto it, and the votes aren't there for an override. 322 00:18:04,040 --> 00:18:07,320 Speaker 1: I'm Kevin Cirelli, Chief Washington correspondent for Bloomberg Television and 323 00:18:07,359 --> 00:18:11,159 Speaker 1: Bloomberg Radio. Sarah Kim's here, Republican strategist, former senior advisor 324 00:18:11,200 --> 00:18:14,119 Speaker 1: of the Trump administration and attorney at Chief and Stone 325 00:18:14,160 --> 00:18:19,720 Speaker 1: in Texas, Dallas, Texas. And Roger Fisk, Democratic strategist, longtime 326 00:18:19,760 --> 00:18:22,800 Speaker 1: President Obama aid and principal of New Day Strategy. You know, Sarah, 327 00:18:22,840 --> 00:18:25,280 Speaker 1: I gotta be honest, just because I think folks, if 328 00:18:25,280 --> 00:18:26,680 Speaker 1: they're in their car on their way home from work, 329 00:18:26,960 --> 00:18:30,040 Speaker 1: we've been eating this whole time, not while people have 330 00:18:30,160 --> 00:18:32,399 Speaker 1: been while we've been talking. We haven't been talking with 331 00:18:32,640 --> 00:18:35,240 Speaker 1: their mouthful, but we have been shoving Girl Scout cookies. 332 00:18:35,680 --> 00:18:44,560 Speaker 1: By we do you mean you? Okay, that's because Barata, 333 00:18:45,600 --> 00:18:48,280 Speaker 1: our executive producer. Now I'm off bike because I'm reaching 334 00:18:48,280 --> 00:18:51,200 Speaker 1: for more Girl Scout cookies. She got me two boxes, 335 00:18:51,560 --> 00:18:55,440 Speaker 1: the toffee Tastic ones and the trough Foils, which are 336 00:18:55,480 --> 00:19:00,800 Speaker 1: the best. Girl Scout cookies are so good. Five dollar Roger. Yeah, 337 00:19:00,840 --> 00:19:02,280 Speaker 1: put a couple of those in a blender with some 338 00:19:02,359 --> 00:19:03,920 Speaker 1: ice cream. That's good. Like before you go to the 339 00:19:03,960 --> 00:19:07,600 Speaker 1: gym or something, or when you wake up breakfast. What's 340 00:19:07,640 --> 00:19:17,560 Speaker 1: your favorite Girl Scout cookie? I like frozen coconut, so 341 00:19:17,720 --> 00:19:19,760 Speaker 1: I put the thin mints in the freeze. I do too. 342 00:19:19,760 --> 00:19:22,920 Speaker 1: I put over your eyes when you wake up in 343 00:19:23,440 --> 00:19:26,800 Speaker 1: the morning. I don't know what the heck when this 344 00:19:26,880 --> 00:19:29,440 Speaker 1: tradition started, but I got to tell you my whole life, 345 00:19:29,480 --> 00:19:31,919 Speaker 1: I've loved those Girls Scout cookies. It's a great tradition. 346 00:19:31,960 --> 00:19:38,160 Speaker 1: I hope on his way to Rope, it's probably like, Kevin, 347 00:19:38,160 --> 00:19:40,720 Speaker 1: please get back to the Political Business Show. Okay, So 348 00:19:40,800 --> 00:19:42,920 Speaker 1: let's get back to it. Okay, Bernie Sanders, we kicked 349 00:19:42,960 --> 00:19:46,000 Speaker 1: off the show, roger're talking about just a little bit, 350 00:19:46,000 --> 00:19:47,919 Speaker 1: but let's go back to it. I mean, this is 351 00:19:47,960 --> 00:19:52,040 Speaker 1: a massive, massive, dare I say, a populist candidate who 352 00:19:52,040 --> 00:19:54,360 Speaker 1: has ascended to the top of the pack, and now 353 00:19:54,520 --> 00:19:58,000 Speaker 1: we're just a few weeks away from the Nevada Nevada 354 00:19:58,880 --> 00:20:04,199 Speaker 1: Caucus and the top union, the powerful union Culinary Workers 355 00:20:04,320 --> 00:20:07,640 Speaker 1: Union on Thursday. This is a huge deal for anyone 356 00:20:07,640 --> 00:20:10,399 Speaker 1: who's a political drunkie like us. They did not endorse 357 00:20:10,520 --> 00:20:15,360 Speaker 1: a candidate, and it was the biggest loser in this 358 00:20:15,440 --> 00:20:20,119 Speaker 1: dynamic is Joe Biden, because he was seen as a 359 00:20:20,200 --> 00:20:23,359 Speaker 1: shoe in to get the Culinary Workers Union, which is 360 00:20:23,400 --> 00:20:25,639 Speaker 1: all of the restaurant workers across the state, ahead of 361 00:20:25,640 --> 00:20:29,479 Speaker 1: the February contest. And the fact that they're not doing 362 00:20:29,520 --> 00:20:32,360 Speaker 1: this is like for everyone who says Iowa and New 363 00:20:32,359 --> 00:20:35,760 Speaker 1: Hampshire don't matter, it does because otherwise Joe Biden, if 364 00:20:35,800 --> 00:20:38,040 Speaker 1: you would have had a strong showing in Iowa and 365 00:20:38,119 --> 00:20:42,119 Speaker 1: in New Hampshire, would have picked up matter. Well no, 366 00:20:42,240 --> 00:20:44,720 Speaker 1: but but I'm serious. If he had finished that, he 367 00:20:44,880 --> 00:20:46,560 Speaker 1: that he that you know he would have done this. 368 00:20:46,640 --> 00:20:48,280 Speaker 1: So Roger, I'll kick it off with you as a 369 00:20:48,280 --> 00:20:51,159 Speaker 1: Democrat who knows everyone knows on Nevada works and everything. 370 00:20:51,760 --> 00:20:54,800 Speaker 1: I mean, wow, I was struck by this. Yeah, no, absolutely, 371 00:20:54,840 --> 00:20:57,119 Speaker 1: I think it I think it brings in like a 372 00:20:57,240 --> 00:21:01,560 Speaker 1: head and hard kind of tug of war, um, because 373 00:21:01,640 --> 00:21:05,920 Speaker 1: we're Nevada is the first overtly kind of labor state, right, 374 00:21:06,320 --> 00:21:08,840 Speaker 1: so then and you just reference this, but the unions 375 00:21:08,920 --> 00:21:11,080 Speaker 1: kind of have to look at, you know, their heart. 376 00:21:11,280 --> 00:21:14,160 Speaker 1: You know they've been with with Joe in some firm 377 00:21:14,240 --> 00:21:18,320 Speaker 1: or another for quite a while, or like more philosophically, 378 00:21:18,480 --> 00:21:21,560 Speaker 1: more in tune with kind of like their agenda um 379 00:21:22,000 --> 00:21:24,680 Speaker 1: than they have Bernie. So it'll be very interesting. Each 380 00:21:24,840 --> 00:21:28,480 Speaker 1: each of the top and middle tier have uh, interesting 381 00:21:28,560 --> 00:21:31,840 Speaker 1: challenges ahead of them. For example, Senator Klobuchar has to 382 00:21:32,400 --> 00:21:35,240 Speaker 1: hire about a thousand people in the next forty eight 383 00:21:35,240 --> 00:21:38,280 Speaker 1: hours um to be able to staff up eight and 384 00:21:38,320 --> 00:21:41,320 Speaker 1: ten dates down the calendar. Right if she's gonna take 385 00:21:41,400 --> 00:21:44,199 Speaker 1: this little window of opportunity and turn it into some 386 00:21:44,280 --> 00:21:47,080 Speaker 1: kind of sustainable movement, and then you can just tick 387 00:21:47,119 --> 00:21:50,080 Speaker 1: down the ticket. Bootages has to prove uh that he 388 00:21:50,119 --> 00:21:52,200 Speaker 1: can start to compete in multiple states at once and 389 00:21:52,240 --> 00:21:54,800 Speaker 1: also in more diverse states. So it'll be very very 390 00:21:54,840 --> 00:21:56,960 Speaker 1: interesting to see how this all plays out. And I 391 00:21:56,960 --> 00:21:59,040 Speaker 1: think the field is going to be a lot smaller 392 00:21:59,359 --> 00:22:02,400 Speaker 1: after possibly even before Super Tuesday. So I would say 393 00:22:02,440 --> 00:22:06,119 Speaker 1: three quick things. One, the same organization chose not to 394 00:22:06,200 --> 00:22:08,960 Speaker 1: endorse anybody in twenty sixteen, so this is the second 395 00:22:08,960 --> 00:22:12,840 Speaker 1: time out that they have decided to not endorse. So 396 00:22:13,040 --> 00:22:16,600 Speaker 1: too again, when we talk about endorsements, when we talk 397 00:22:16,640 --> 00:22:20,280 Speaker 1: about primary states, we're talking about a traditional model, which 398 00:22:20,320 --> 00:22:25,920 Speaker 1: President Donald Trump decimated in polling. Doesn't matter, states, doesn't matter. 399 00:22:25,960 --> 00:22:28,600 Speaker 1: What matters is the personality and the message, and the 400 00:22:28,680 --> 00:22:31,199 Speaker 1: Democrats are flailing to try to find one. And the 401 00:22:31,200 --> 00:22:34,280 Speaker 1: third thing that I would remind people is that while 402 00:22:34,320 --> 00:22:36,760 Speaker 1: we look at Michael Bloomberg, and while we put him 403 00:22:36,800 --> 00:22:39,520 Speaker 1: aside saying he has so much money, he's just buying 404 00:22:39,560 --> 00:22:41,960 Speaker 1: the vote, this, that, and the other people fail to 405 00:22:42,000 --> 00:22:46,000 Speaker 1: realize that he is a very successful man and money. 406 00:22:46,080 --> 00:22:48,600 Speaker 1: If that was the only thing that people were judging, 407 00:22:48,640 --> 00:22:52,240 Speaker 1: We've had two other billionaires in this race. Howard is out, 408 00:22:52,320 --> 00:22:55,280 Speaker 1: the Starbucks CEO Tom Steyer is in. But his two 409 00:22:55,640 --> 00:22:58,359 Speaker 1: million isn't buying him very much media attention. And I 410 00:22:58,359 --> 00:23:01,199 Speaker 1: think the Democrats and the republic Kids, so long as 411 00:23:01,240 --> 00:23:04,720 Speaker 1: they continue to silo Michael Bloomberg because he has a 412 00:23:04,760 --> 00:23:08,439 Speaker 1: lot of money, are doing themselves a huge disservice he 413 00:23:08,600 --> 00:23:12,080 Speaker 1: was successful in the private sector, he was successful as 414 00:23:12,160 --> 00:23:15,040 Speaker 1: New York City mayor, and people are buying his message 415 00:23:15,119 --> 00:23:18,600 Speaker 1: of success. To dovetail on your point because I agree 416 00:23:18,640 --> 00:23:22,040 Speaker 1: with much of what you just said, um. Stires Styre 417 00:23:22,080 --> 00:23:24,919 Speaker 1: actually started spending money in the third and the fourth 418 00:23:24,960 --> 00:23:28,200 Speaker 1: state a couple of months ago, so different than Iowa 419 00:23:28,280 --> 00:23:30,360 Speaker 1: New Hampshire. And I don't I'm not privy to any 420 00:23:30,400 --> 00:23:33,800 Speaker 1: of his calculus, obviously, but um, you are seeing his 421 00:23:35,000 --> 00:23:37,640 Speaker 1: You are seeing movement in his numbers. UM. For example, 422 00:23:37,680 --> 00:23:40,240 Speaker 1: amongst African American voters in South Carolina, I think he's 423 00:23:40,280 --> 00:23:43,880 Speaker 1: up into the mid teens, which is very very interesting. 424 00:23:44,080 --> 00:23:48,080 Speaker 1: I'm not in anyone's tank or on anyone's side or anything. UM, 425 00:23:48,160 --> 00:23:49,680 Speaker 1: So I don't know if that's a result of him 426 00:23:49,720 --> 00:23:52,240 Speaker 1: holding off on some spending in some of those early 427 00:23:52,320 --> 00:23:55,760 Speaker 1: states and then and then banking more towards Nevada and 428 00:23:56,119 --> 00:23:59,280 Speaker 1: UH and UH in South Carolina. But his numbers are moving, 429 00:23:59,320 --> 00:24:03,679 Speaker 1: So I agree with you in some ways. UM. But money, 430 00:24:04,000 --> 00:24:06,240 Speaker 1: you know, still can can nudge these things as long 431 00:24:06,240 --> 00:24:08,800 Speaker 1: as there's as long as they're the connection between the 432 00:24:08,800 --> 00:24:11,119 Speaker 1: individual and the movement and the moment are kind of 433 00:24:11,160 --> 00:24:13,760 Speaker 1: hormones Tom Styre has also been on the debate stage. 434 00:24:13,840 --> 00:24:16,240 Speaker 1: Tom Styre has also had a tax and so I 435 00:24:16,280 --> 00:24:19,119 Speaker 1: think now over the past forty eight hours, we've started 436 00:24:19,160 --> 00:24:23,960 Speaker 1: to see some of the political scrutiny against UH former 437 00:24:24,000 --> 00:24:27,280 Speaker 1: New York City mayor Michael Bloomberg, particularly as it relates 438 00:24:27,320 --> 00:24:30,720 Speaker 1: to stop and frisk. And you've seen Valerie Jarrett come 439 00:24:30,720 --> 00:24:33,120 Speaker 1: out and and say that he needs to do more 440 00:24:33,280 --> 00:24:35,520 Speaker 1: in terms of defending that audio from two thousand and 441 00:24:35,520 --> 00:24:39,439 Speaker 1: fifteen from the Aspen Institute, and should he qualify for 442 00:24:39,480 --> 00:24:42,359 Speaker 1: the next week's debate. I would imagine that that his 443 00:24:42,400 --> 00:24:46,679 Speaker 1: political rivals will raise those scrutiny. And and just as 444 00:24:46,720 --> 00:24:50,280 Speaker 1: a disclaimer, bloom Michael Bloomberg, who is seeking the Democratic 445 00:24:50,320 --> 00:24:53,760 Speaker 1: presidential nomination as the founder and majority owner of Bloomberg LP, 446 00:24:53,920 --> 00:24:56,800 Speaker 1: the parent company of Bloomberg Radio, to bring it back 447 00:24:56,840 --> 00:25:02,080 Speaker 1: to Nevada. However, Bloomberg's not competing aggressively. Don't even know 448 00:25:02,080 --> 00:25:05,120 Speaker 1: if he wants to be on those debate stages. Frankly right, 449 00:25:05,840 --> 00:25:08,479 Speaker 1: but again, he's not competing in South Carolina. But let 450 00:25:08,480 --> 00:25:10,879 Speaker 1: me let me not to. I mean, go ahead and 451 00:25:10,880 --> 00:25:12,360 Speaker 1: say your point. I'm not trying to cut you off. 452 00:25:12,359 --> 00:25:14,159 Speaker 1: So go ahead. No, it's fine. I just want to 453 00:25:14,160 --> 00:25:16,879 Speaker 1: say it. But again, talking about debate stages is a 454 00:25:16,960 --> 00:25:20,440 Speaker 1: traditional model, and Michael Bloomberg is doing the non traditional 455 00:25:20,480 --> 00:25:24,000 Speaker 1: thing that Donald Trump did. Yeah, but but again he did. 456 00:25:24,160 --> 00:25:27,679 Speaker 1: I disagree with you, I think, Bloomberg, I'm not Trump 457 00:25:27,760 --> 00:25:29,840 Speaker 1: showed up to all the debates, and I think that, 458 00:25:29,920 --> 00:25:33,240 Speaker 1: you know, as people want to know who their candidate 459 00:25:33,280 --> 00:25:34,720 Speaker 1: is more than they want to. I don't know what 460 00:25:34,800 --> 00:25:38,240 Speaker 1: we'll find out, but I think it'll be interesting, especially 461 00:25:38,280 --> 00:25:41,280 Speaker 1: as questions about his records are raised. You know, talking 462 00:25:41,320 --> 00:25:44,000 Speaker 1: to voters on a debate stage is a way to 463 00:25:44,040 --> 00:25:48,680 Speaker 1: do that. But for Nevada, again, this is why I 464 00:25:48,720 --> 00:25:50,960 Speaker 1: pushed back against the notion that the early caucus in 465 00:25:51,000 --> 00:25:54,159 Speaker 1: primary states don't matter, because if they didn't matter, Biden 466 00:25:54,200 --> 00:25:56,240 Speaker 1: would still be a front runner, and he's not seen 467 00:25:56,280 --> 00:26:00,040 Speaker 1: as one. And so sixty thousand members are in a 468 00:26:00,080 --> 00:26:05,520 Speaker 1: Nevada culinary union, sixty members and Las Vegas and Reno 469 00:26:05,840 --> 00:26:09,800 Speaker 1: Okay half of them, okay, more than half, So more 470 00:26:09,840 --> 00:26:14,080 Speaker 1: than thirty of those members, and those unions are Latino. Okay. 471 00:26:14,119 --> 00:26:18,200 Speaker 1: How many people voted in the Nevada caucus eighty four 472 00:26:18,359 --> 00:26:21,840 Speaker 1: thousand people? That right, there shows you the power if 473 00:26:21,920 --> 00:26:25,840 Speaker 1: only a fraction of these folks show up and there 474 00:26:25,840 --> 00:26:30,400 Speaker 1: to do it. So I'm baffled that they wouldn't endorse. Um, 475 00:26:30,440 --> 00:26:33,880 Speaker 1: I'm very surprised by that, but you know, go ahead. Sorry, Well, 476 00:26:33,920 --> 00:26:36,119 Speaker 1: I was going to say, this is where Senator Sanders 477 00:26:36,280 --> 00:26:39,159 Speaker 1: needs to really corral what he wants to do in 478 00:26:39,200 --> 00:26:42,639 Speaker 1: this election, because that association came out and said that 479 00:26:42,720 --> 00:26:46,920 Speaker 1: because his online supporters attacked them so much, they couldn't 480 00:26:46,920 --> 00:26:49,880 Speaker 1: actually do anything to support him or else there people 481 00:26:49,920 --> 00:26:55,000 Speaker 1: wouldn't pay duetrolls. Maybe it's because I grew up I've 482 00:26:55,040 --> 00:26:57,600 Speaker 1: never known journalism without social media. I think there's a 483 00:26:57,600 --> 00:26:59,919 Speaker 1: lot people need manners with social media. I get it, 484 00:27:00,240 --> 00:27:03,160 Speaker 1: But at the same time, like get off of social media. 485 00:27:03,200 --> 00:27:05,160 Speaker 1: If you don't like the trolls, don't don't pay attention 486 00:27:05,160 --> 00:27:07,439 Speaker 1: to the trolls. Coming up? Much more from the panel, 487 00:27:07,480 --> 00:27:09,760 Speaker 1: what's their quick take? What's on the radar? We find out? 488 00:27:10,160 --> 00:27:13,600 Speaker 1: Kevin Cirelli, Chief Washington corresponded for Bloomberg Television of Bloomberg Radio. 489 00:27:14,280 --> 00:27:16,840 Speaker 1: Download the Bloomberg Sound On podcast on Apple iTunes and 490 00:27:16,840 --> 00:27:19,080 Speaker 1: Bloomberg dot Com, or by downloading the Bloomberg Business app. 491 00:27:19,119 --> 00:27:20,960 Speaker 1: You can also find us on Radio dot Com, I 492 00:27:21,080 --> 00:27:30,880 Speaker 1: Heart Radio, and Spotify. You're listening to Bloomberg one. You're 493 00:27:30,920 --> 00:27:35,760 Speaker 1: listening to Bloomberg Sound On with Kevin Surley on Bloomberge 494 00:27:35,840 --> 00:27:38,200 Speaker 1: and one oh five point seven FM h D two. 495 00:27:38,760 --> 00:27:41,720 Speaker 1: There's so much news that happened today, so much news. 496 00:27:41,840 --> 00:27:45,080 Speaker 1: I mean, Judy Shelton was on Capitol Hill and that 497 00:27:45,160 --> 00:27:48,640 Speaker 1: was President Trump's pick to lead the FED and uh 498 00:27:48,760 --> 00:27:50,800 Speaker 1: for the Federal Reserve Board, not to lead, to lead 499 00:27:51,080 --> 00:27:53,880 Speaker 1: for the Federal Reserve Board, Judy Shelton, and she got 500 00:27:53,960 --> 00:27:57,880 Speaker 1: questioned by Republican members of the Republican controlled Senate Banking Committee, 501 00:27:58,320 --> 00:28:01,679 Speaker 1: Senator Richard Shelby, avelup, Amma Patrick to me from Pennsylvania, 502 00:28:01,760 --> 00:28:04,600 Speaker 1: John Kennedy from Louisiana, all said that they had not 503 00:28:04,720 --> 00:28:06,840 Speaker 1: decided that they are going to vote for confirm her. 504 00:28:07,440 --> 00:28:10,439 Speaker 1: That's really remarkable, folks. And the President's picked for the 505 00:28:10,480 --> 00:28:15,000 Speaker 1: Federal Reserve Board now under fire. So there's that, Blincoln, 506 00:28:15,000 --> 00:28:17,399 Speaker 1: you'll miss it. And then we talked about the feud 507 00:28:17,480 --> 00:28:22,080 Speaker 1: brewing between Attorney General William Barr, who's talking to ABC 508 00:28:22,240 --> 00:28:25,560 Speaker 1: News about President Trump and saying that the tweets about 509 00:28:25,640 --> 00:28:29,160 Speaker 1: Roger Stone are making his job quote unquote impossible. Well, 510 00:28:29,640 --> 00:28:33,080 Speaker 1: John Kelly, the President's former chief of staff, is now 511 00:28:33,200 --> 00:28:38,000 Speaker 1: why he's attacking Trump on the whole issue with the impeachment. 512 00:28:38,320 --> 00:28:41,600 Speaker 1: And then President Trump's tweeting at that he couldn't have 513 00:28:41,640 --> 00:28:45,200 Speaker 1: fired Kelly fast enough and that the retired Marine Corps 514 00:28:45,240 --> 00:28:48,080 Speaker 1: general was in way over his head quote unquote way 515 00:28:48,120 --> 00:28:50,960 Speaker 1: over his head as the top White House chief of staff. 516 00:28:50,960 --> 00:28:55,360 Speaker 1: That's according to President Trump's tweets. And I'm told we 517 00:28:55,400 --> 00:28:57,600 Speaker 1: have a son, Christine Barratt in the control room, our 518 00:28:57,640 --> 00:29:00,360 Speaker 1: executive producer. Let's let's play it from John Kelly what 519 00:29:00,480 --> 00:29:03,120 Speaker 1: he had to say last night when he was at 520 00:29:03,200 --> 00:29:06,640 Speaker 1: Drew University in New Jersey, and what he said about 521 00:29:06,680 --> 00:29:09,160 Speaker 1: Lieutenant Colonel Vinman in the whole Ukraine phone call. Here 522 00:29:09,320 --> 00:29:18,240 Speaker 1: is he thought war and don't follow and if you, 523 00:29:18,560 --> 00:29:26,920 Speaker 1: if you ever there, he's talking about Lieutenant Colonel Vinman, 524 00:29:26,960 --> 00:29:29,400 Speaker 1: whom the President has gotten rid of, and the whole 525 00:29:29,440 --> 00:29:32,479 Speaker 1: situation with the Ukraine PVOE call. So there's that that's brewing. 526 00:29:33,080 --> 00:29:35,840 Speaker 1: But you know, I mean, it's just another day in Washington. 527 00:29:35,840 --> 00:29:39,240 Speaker 1: I'm Kevin Sirelli, chief Washington correspondent for Limberg television and 528 00:29:39,320 --> 00:29:42,600 Speaker 1: Bloomberg Radio. Roger Trump gets his hands on whoever hired 529 00:29:42,720 --> 00:29:46,560 Speaker 1: Kelly to begin with Democratic strategist for the hour, and 530 00:29:46,680 --> 00:29:49,960 Speaker 1: Sarah Kim is here our Republican strategists. I had to 531 00:29:50,000 --> 00:29:52,400 Speaker 1: mention the Judy Shelton and the John Kelly story because 532 00:29:52,440 --> 00:29:54,640 Speaker 1: that neither of those things or what's on my radar, 533 00:29:54,720 --> 00:29:56,960 Speaker 1: and they're not my quick take, but I I would 534 00:29:56,960 --> 00:29:59,040 Speaker 1: be remiss if I didn't spend time on them, and 535 00:29:59,040 --> 00:30:01,240 Speaker 1: I'm not trying to fly through them, but if you 536 00:30:01,280 --> 00:30:02,880 Speaker 1: guys want to weigh in on either of them before 537 00:30:02,880 --> 00:30:05,960 Speaker 1: we move on, I mean, there's just a fuselage of data, 538 00:30:06,000 --> 00:30:08,480 Speaker 1: so it's kind of hard to consume everything that happens. 539 00:30:08,520 --> 00:30:15,240 Speaker 1: The new cycle is like Anthony, we would like to ours, 540 00:30:16,080 --> 00:30:20,320 Speaker 1: But I would actually say the most the most interesting 541 00:30:20,520 --> 00:30:23,560 Speaker 1: name that you just mentioned is Senator Pat to me, 542 00:30:23,680 --> 00:30:26,400 Speaker 1: because that's my week take for the day. I've read 543 00:30:26,480 --> 00:30:30,360 Speaker 1: multiple articles today about how much money um former mayor 544 00:30:30,400 --> 00:30:33,600 Speaker 1: Bloomberg has been spending in this race, and interestingly, he 545 00:30:33,680 --> 00:30:38,520 Speaker 1: gave a leven point three million dollars to Pat to me, 546 00:30:38,920 --> 00:30:41,040 Speaker 1: I would like somebody to give me that money. But 547 00:30:41,680 --> 00:30:43,960 Speaker 1: the most important statistic out of all of that is 548 00:30:44,000 --> 00:30:47,440 Speaker 1: that since Bloomberg is paying so much money for staffers, 549 00:30:47,880 --> 00:30:51,560 Speaker 1: the down ticket candidates can't hire. Because if you're going 550 00:30:51,600 --> 00:30:54,880 Speaker 1: to be a field campaign manager for a state assemblymen 551 00:30:55,200 --> 00:30:58,400 Speaker 1: and Michael Bloomberg will pay you triple that to go 552 00:30:58,640 --> 00:31:01,240 Speaker 1: knocking on doors for him California, what are you going 553 00:31:01,280 --> 00:31:05,480 Speaker 1: to do? So if he does win the Democratic nomination 554 00:31:05,560 --> 00:31:07,960 Speaker 1: and does become president the United States, but in state 555 00:31:08,000 --> 00:31:11,680 Speaker 1: houses and in Congress, you can't have members that are 556 00:31:11,720 --> 00:31:15,160 Speaker 1: Democratic too. That does no good. Wow. So you're saying 557 00:31:15,200 --> 00:31:20,120 Speaker 1: that there's other repercussions to this, correct the people. Well, 558 00:31:20,320 --> 00:31:22,800 Speaker 1: and I would, I mean, I would also raise the issue. Okay, 559 00:31:22,880 --> 00:31:25,320 Speaker 1: But if you're if you're looking to break into you 560 00:31:25,360 --> 00:31:27,680 Speaker 1: said Pennsylvania for example, if you're looking to break into 561 00:31:27,680 --> 00:31:31,160 Speaker 1: Pennsylvania politics, there you know there, it's not. There is 562 00:31:31,200 --> 00:31:34,360 Speaker 1: something to be said for working for a downballot race 563 00:31:34,400 --> 00:31:36,440 Speaker 1: if that's your on either party, if that's if that's 564 00:31:36,440 --> 00:31:38,680 Speaker 1: your chosen career path. But if you're twenty two years 565 00:31:38,720 --> 00:31:45,120 Speaker 1: old and I used to be back back yesterday, I'm 566 00:31:45,160 --> 00:31:49,960 Speaker 1: just kidding. I can't. I can't be serious When Rogers says, 567 00:31:50,120 --> 00:31:52,640 Speaker 1: neither can I, And it makes me nervous because I 568 00:31:53,000 --> 00:31:55,960 Speaker 1: forget that I'm on radio. But there's something to be said. 569 00:31:56,280 --> 00:31:59,959 Speaker 1: Like Joe Lockhart, who was President Brighton's White House press secretary. 570 00:32:00,160 --> 00:32:02,680 Speaker 1: He said that he made fift hundred dollars a month 571 00:32:02,960 --> 00:32:05,959 Speaker 1: when he was outfield organizing, and that experience and knowledge 572 00:32:06,000 --> 00:32:09,000 Speaker 1: helped carry him into the White House. Sometimes when things 573 00:32:09,040 --> 00:32:11,400 Speaker 1: are easy for you and you made six thousand dollars 574 00:32:11,400 --> 00:32:13,440 Speaker 1: a month as a twenty two year old doing politics, 575 00:32:13,680 --> 00:32:16,680 Speaker 1: that's going to have ramifications ten years down the line. 576 00:32:16,840 --> 00:32:18,640 Speaker 1: These people are going to expect to make money that 577 00:32:18,640 --> 00:32:21,000 Speaker 1: they shouldn't and they should have to suffer a little bit. 578 00:32:21,120 --> 00:32:24,640 Speaker 1: I knocked on so many doors. Okay, we're not going 579 00:32:24,680 --> 00:32:26,800 Speaker 1: to turn this into the like when I was a kid. 580 00:32:27,760 --> 00:32:30,200 Speaker 1: I will say when I was a kid working on Politico, 581 00:32:31,120 --> 00:32:33,640 Speaker 1: I had a weekend job at the Java Shack in Arlington, 582 00:32:33,680 --> 00:32:36,240 Speaker 1: which they just shut down last week or last month, 583 00:32:36,720 --> 00:32:40,280 Speaker 1: and I was devastated. The best coffee in Arlington, across 584 00:32:40,320 --> 00:32:42,640 Speaker 1: the river. They shut it down. They said, what's going 585 00:32:42,680 --> 00:32:45,120 Speaker 1: on with that? But I love that place anyway. Just 586 00:32:45,200 --> 00:32:47,880 Speaker 1: as a disclaimer, Michael Bloomberg, who is seeking the Democratic 587 00:32:47,920 --> 00:32:51,360 Speaker 1: presidential nomination, is the founder and majority owner of Bloomberg LP, 588 00:32:51,520 --> 00:32:54,120 Speaker 1: the parent company of Bloomberg Radio. So here's a fast 589 00:32:54,120 --> 00:32:56,640 Speaker 1: fact for you. I can make a mean a mean 590 00:32:57,680 --> 00:33:00,880 Speaker 1: me not to do that because I used to work 591 00:33:00,880 --> 00:33:07,800 Speaker 1: at Colstone Creamery, but a latte fun fact for or 592 00:33:07,960 --> 00:33:10,520 Speaker 1: machiata anyway, anyway, what's your quick take on your radar? 593 00:33:10,920 --> 00:33:12,960 Speaker 1: I like that one, Saria a lot that that gives 594 00:33:12,960 --> 00:33:14,120 Speaker 1: you a lot to think about. It gives you the 595 00:33:14,160 --> 00:33:19,760 Speaker 1: business of politics for career staffers, and Amos Sneed actually 596 00:33:19,760 --> 00:33:22,160 Speaker 1: wrote a whole book on that, so it's interesting. Go ahead, 597 00:33:22,760 --> 00:33:26,440 Speaker 1: First off, shout out to my neighbors, Maria and Sylvia 598 00:33:26,560 --> 00:33:30,280 Speaker 1: and Sylvia small little infant listeners, how old are two 599 00:33:30,320 --> 00:33:31,720 Speaker 1: and a half and five and a half? Okay, well, 600 00:33:31,800 --> 00:33:34,880 Speaker 1: first of all on their way home from school? Shout 601 00:33:34,880 --> 00:33:40,680 Speaker 1: out to your wife, Happy Valentine's Day, throwing the Sylvia 602 00:33:40,880 --> 00:33:46,280 Speaker 1: and Maria and Maria. Hopefully this is more entertaining than cartoons. 603 00:33:47,040 --> 00:33:50,560 Speaker 1: And to switch gears to what's on my radar. Lately 604 00:33:50,760 --> 00:33:53,280 Speaker 1: stumbled on a very interesting fact. And I mean there's 605 00:33:53,280 --> 00:33:54,800 Speaker 1: a lot of twos involved, So let me see if 606 00:33:54,840 --> 00:33:58,600 Speaker 1: I can get this out smoothly. A for profit venture 607 00:33:58,760 --> 00:34:01,680 Speaker 1: is two times more likely to succeed if it has 608 00:34:01,800 --> 00:34:07,040 Speaker 1: one founder rather than two. Wow. And corollary to that 609 00:34:07,760 --> 00:34:11,000 Speaker 1: is the flip side, which is a nonprofit venture, is 610 00:34:11,040 --> 00:34:12,640 Speaker 1: not all the way to two times. It's likely, but 611 00:34:12,680 --> 00:34:15,799 Speaker 1: it's more likely to succeed with two founders rather than 612 00:34:15,840 --> 00:34:20,719 Speaker 1: one the exact inverse. How does how is that applicable 613 00:34:20,800 --> 00:34:25,439 Speaker 1: to uh? This town? Seriously? Well, I mean the DC 614 00:34:25,600 --> 00:34:27,640 Speaker 1: is becoming a little bit more tech a little there's 615 00:34:27,680 --> 00:34:30,920 Speaker 1: more startups as the kind of app world builds itself 616 00:34:30,960 --> 00:34:33,680 Speaker 1: around politics and things like that, and there's also a 617 00:34:33,719 --> 00:34:37,839 Speaker 1: relatively vibe and VC such you know, seen going on here. Um. So, 618 00:34:37,920 --> 00:34:40,360 Speaker 1: I just thought that was really interesting that you would 619 00:34:40,440 --> 00:34:44,440 Speaker 1: think a combination of talents would you know, kind of 620 00:34:44,480 --> 00:34:48,160 Speaker 1: statistically enhance the chance for success. But there's something about 621 00:34:48,280 --> 00:34:51,880 Speaker 1: just a singular vision and allowing that singular vision to 622 00:34:52,200 --> 00:34:56,799 Speaker 1: you know, become operationalized. Um that isn't that interesting? It's 623 00:34:56,960 --> 00:35:00,520 Speaker 1: very interesting because especially where they're so we're living in 624 00:35:00,520 --> 00:35:03,480 Speaker 1: a time where everything is so fragmented. So to hear that, really, 625 00:35:03,560 --> 00:35:06,319 Speaker 1: I think one could argue puts it in perspective great one. 626 00:35:06,840 --> 00:35:08,879 Speaker 1: So here's what's my quick think on my radar as 627 00:35:08,920 --> 00:35:12,280 Speaker 1: I as I set out tomorrow to return to Delco 628 00:35:12,719 --> 00:35:15,640 Speaker 1: to have chicken wings with my father and go to 629 00:35:15,760 --> 00:35:28,399 Speaker 1: Uncle Mikey's pokey shop. Coronavirus. I can't wait to see 630 00:35:28,400 --> 00:35:30,480 Speaker 1: my mom and my best friend from growing up, Jeffrey. 631 00:35:30,960 --> 00:35:33,360 Speaker 1: Uh No, I'm so excited for President's Day weekend and 632 00:35:33,360 --> 00:35:37,439 Speaker 1: I'll be back next week. But if we're all here 633 00:35:37,480 --> 00:35:39,840 Speaker 1: after this virus spreads, no, But I mean it is 634 00:35:39,880 --> 00:35:42,279 Speaker 1: the coronavirus. And how we talked about yesterday about how 635 00:35:42,280 --> 00:35:44,719 Speaker 1: the Chinese are not allowing the best scientists in the 636 00:35:44,719 --> 00:35:48,239 Speaker 1: world from the United States to go into China's a help. 637 00:35:48,520 --> 00:35:51,560 Speaker 1: I mean, this is a global thing. It's impacting everyone. 638 00:35:51,600 --> 00:35:56,319 Speaker 1: It's impacting airlines. It's air Bus has steak in the 639 00:35:56,640 --> 00:36:00,719 Speaker 1: in in a joint venture. As it relates to the coronavirus. 640 00:36:00,800 --> 00:36:03,400 Speaker 1: I mean, everything is just it's so interconnected and the 641 00:36:03,400 --> 00:36:08,640 Speaker 1: fact that they're not allowing for support is just anti American, 642 00:36:08,719 --> 00:36:11,080 Speaker 1: and I guess I don't understand it because I'm American. 643 00:36:11,160 --> 00:36:14,040 Speaker 1: But everyone is ramping down their activity, Like I go 644 00:36:14,080 --> 00:36:16,080 Speaker 1: to Asia a couple of times a year, and even 645 00:36:16,120 --> 00:36:20,480 Speaker 1: like conference, like like marketing conferences in Malaysia are like 646 00:36:20,600 --> 00:36:23,680 Speaker 1: punting until Q three because they're like, no one's gonna 647 00:36:23,680 --> 00:36:26,000 Speaker 1: come here in Q one, no one. And just if 648 00:36:26,040 --> 00:36:29,080 Speaker 1: that wasn't enough, Huawei has been hit with a racketeering 649 00:36:29,160 --> 00:36:32,640 Speaker 1: charge in the expanding US case. So Huawei, the world's 650 00:36:32,719 --> 00:36:38,400 Speaker 1: largest maker of telecommunications equipment, uh, they are now using 651 00:36:38,880 --> 00:36:41,800 Speaker 1: the US IS is raising the stakes in this battle 652 00:36:41,840 --> 00:36:45,080 Speaker 1: with Jawi, using a law historically associated with what you 653 00:36:45,160 --> 00:36:48,239 Speaker 1: guessed it, the mafia, throwing them with the book. I'm 654 00:36:48,320 --> 00:36:51,279 Speaker 1: Kevin Cilli, chief Washington correspondent from Martini and Radio. See 655 00:36:51,280 --> 00:36:54,799 Speaker 1: you next week, folks, Thanks for listening to Bloomberg One.