1 00:00:00,400 --> 00:00:03,080 Speaker 1: Why from our nation's cale, this budget thing is going 2 00:00:03,120 --> 00:00:05,560 Speaker 1: to do nothing space forces. I still think it's interesting 3 00:00:05,600 --> 00:00:08,920 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,080 --> 00:00:14,440 Speaker 1: politics colliding to sound with Kevin's related, the insiders, the influencers, 5 00:00:14,640 --> 00:00:17,440 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,480 --> 00:00:20,439 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,440 --> 00:00:22,759 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,760 --> 00:00:26,079 Speaker 1: divide within Team Trump. The President has to do exactly 9 00:00:26,120 --> 00:00:27,639 Speaker 1: what people send him here to do, which is to 10 00:00:27,680 --> 00:00:31,639 Speaker 1: get it done. He's sound on with Kevin's related on 11 00:00:31,760 --> 00:00:35,760 Speaker 1: Bloomberg one and one point seven m h D two 12 00:00:35,760 --> 00:00:43,280 Speaker 1: Boltimore see g I fits Friday. We made it. It's 13 00:00:43,280 --> 00:00:46,559 Speaker 1: a Friday, congratulations, but we still a lot of news 14 00:00:46,600 --> 00:00:49,800 Speaker 1: to get through before we formally kick off the weekend. 15 00:00:50,120 --> 00:00:54,280 Speaker 1: All things are on US policy, in particular how President 16 00:00:54,320 --> 00:00:58,960 Speaker 1: Trump says he backed off a decision to retaliate against 17 00:00:59,000 --> 00:01:03,520 Speaker 1: the Iranians. Why why he made that call? And what's ahead? 18 00:01:03,560 --> 00:01:07,039 Speaker 1: What's ahead in the next couple of days. Virtually every 19 00:01:07,080 --> 00:01:11,240 Speaker 1: day now is the situation over in Tehran continues. What 20 00:01:11,280 --> 00:01:13,720 Speaker 1: does it mean for the US standing in the world. 21 00:01:13,760 --> 00:01:16,320 Speaker 1: We are now just less than one week out from 22 00:01:16,360 --> 00:01:21,040 Speaker 1: the first Democratic presidential debate down in Miami. I'm packing 23 00:01:21,040 --> 00:01:24,080 Speaker 1: my bags this weekend. I'm heading to Miami. There's like 24 00:01:24,120 --> 00:01:26,480 Speaker 1: twenty million people running for president. We're going to try 25 00:01:26,480 --> 00:01:28,800 Speaker 1: to make sense of it. We'll have a full preview 26 00:01:28,880 --> 00:01:31,720 Speaker 1: on that account. I'll tell you what some d n 27 00:01:31,800 --> 00:01:35,440 Speaker 1: C staffers were telling me earlier today. And the budget battle, 28 00:01:35,680 --> 00:01:38,880 Speaker 1: the looming budget battle, what does that mean for the 29 00:01:38,959 --> 00:01:42,440 Speaker 1: policy implications of this administration as they try to get 30 00:01:42,520 --> 00:01:46,560 Speaker 1: to some type of trade deal. All Star Panel, Friends 31 00:01:46,560 --> 00:01:49,560 Speaker 1: of the Program, Friends of Mine, Shannon Petty, Peace Bloomberg 32 00:01:49,560 --> 00:01:53,560 Speaker 1: News White House, Jack Fitzpatrick, b Gov All Star Bloomberg, 33 00:01:53,560 --> 00:01:57,680 Speaker 1: Government Congressional Reporter, Al Weaver, National political reporter for the Hill, 34 00:01:57,720 --> 00:01:59,760 Speaker 1: Bob Kuzack's Neck of the Woods. Before we get to 35 00:01:59,800 --> 00:02:02,960 Speaker 1: all of that, though, Happy Happy Friday, Let's kick things 36 00:02:03,040 --> 00:02:06,640 Speaker 1: off with the us of RAM tensions and here to 37 00:02:06,680 --> 00:02:09,480 Speaker 1: walk us through all of it. Al Weaver, National political 38 00:02:09,480 --> 00:02:14,000 Speaker 1: reporter at the Hill, Jack Fitzpatrick, Bloomberg Government congressional reporter, 39 00:02:14,320 --> 00:02:16,360 Speaker 1: and Shannon Petty peaces Bloomberg in his White House reporter. 40 00:02:16,360 --> 00:02:18,680 Speaker 1: All right, sham, let me start with you so we 41 00:02:18,800 --> 00:02:21,920 Speaker 1: get these comments within the last twenty four hours. Following 42 00:02:22,400 --> 00:02:28,600 Speaker 1: Tehron's taking down of a US drone flying in international waters, 43 00:02:28,960 --> 00:02:32,520 Speaker 1: torn shoots down this drone. President Trump wasn't too happy 44 00:02:32,520 --> 00:02:36,000 Speaker 1: about it. And then he suggests that if it was 45 00:02:36,040 --> 00:02:39,919 Speaker 1: a manned or a piloted aircraft, that that it would 46 00:02:40,000 --> 00:02:44,320 Speaker 1: warrant some type of military response. Then we find out 47 00:02:44,639 --> 00:02:50,200 Speaker 1: that he says, essentially ten minutes, ten minutes before the U. 48 00:02:50,320 --> 00:02:54,760 Speaker 1: S Military was fully prepared, fully prepared to launch a 49 00:02:54,800 --> 00:02:59,720 Speaker 1: retaliatory attack against Tehran, he pulled the plug. He pulled 50 00:02:59,760 --> 00:03:02,600 Speaker 1: the decided not to pull the trigger. Why because he 51 00:03:02,639 --> 00:03:05,920 Speaker 1: said it was disproportionate. He, according to his Twitter account, 52 00:03:06,440 --> 00:03:09,200 Speaker 1: said that a hundred and fifty people. Hundred and fifty 53 00:03:09,200 --> 00:03:11,840 Speaker 1: people would have lost their lives. So President Trump decided 54 00:03:11,840 --> 00:03:13,720 Speaker 1: against it. What's the backstory? What are you hearing at 55 00:03:13,720 --> 00:03:17,000 Speaker 1: the White House? What's the White House saying publicly privately? Shannon? 56 00:03:17,320 --> 00:03:20,280 Speaker 1: Tell us about your reporting. Well, this dominated the conversation 57 00:03:20,280 --> 00:03:22,720 Speaker 1: in the White House for much of yesterday. There were 58 00:03:22,760 --> 00:03:25,880 Speaker 1: a lot of strategies presented, a lot of back and forth, 59 00:03:25,919 --> 00:03:28,000 Speaker 1: a lot of different advice that the President was getting 60 00:03:28,040 --> 00:03:31,119 Speaker 1: from all his various advisors. Um, you know, the official 61 00:03:31,960 --> 00:03:35,760 Speaker 1: military advisors and sort of the unofficial kitchen cabinet uh 62 00:03:35,960 --> 00:03:38,600 Speaker 1: type folks that he reaches out to. Uh. It was 63 00:03:38,640 --> 00:03:41,360 Speaker 1: a decision that some people thought this strike was going 64 00:03:41,440 --> 00:03:44,240 Speaker 1: to go through up until kind of late tomorrow night. UM. 65 00:03:44,280 --> 00:03:46,600 Speaker 1: I believe we talked to one person who said they 66 00:03:46,640 --> 00:03:48,440 Speaker 1: woke up this morning and was surprised to see that 67 00:03:48,480 --> 00:03:51,680 Speaker 1: it hadn't happened. So even late until uh the evening, 68 00:03:52,240 --> 00:03:54,280 Speaker 1: there were people in the administration who still thought that 69 00:03:54,360 --> 00:03:56,720 Speaker 1: this was going to go through. Uh. It opped in 70 00:03:56,880 --> 00:03:59,920 Speaker 1: and I think leaves the president in an interesting position 71 00:04:00,080 --> 00:04:02,560 Speaker 1: where he has one of these moments where he can 72 00:04:02,640 --> 00:04:04,760 Speaker 1: look like the commander in chief. He can look like 73 00:04:04,800 --> 00:04:07,640 Speaker 1: someone who was tough and Iran, who was ready to 74 00:04:07,840 --> 00:04:11,960 Speaker 1: pull drigger, but then someone who can look measured and reasonable, 75 00:04:12,160 --> 00:04:15,120 Speaker 1: because he says, then he came back from the brink 76 00:04:15,160 --> 00:04:17,760 Speaker 1: here and decided to stand down. UH. So for people 77 00:04:17,800 --> 00:04:20,440 Speaker 1: who think he's someone who can't be trusted with the 78 00:04:20,560 --> 00:04:23,359 Speaker 1: nuclear codes, UH, it kind of shows that he has 79 00:04:23,400 --> 00:04:26,640 Speaker 1: someone who is moderation, who has been thoughtful about these things. UM. 80 00:04:26,680 --> 00:04:28,680 Speaker 1: But it also shows him looking very strong on Iran. 81 00:04:28,800 --> 00:04:30,920 Speaker 1: And in terms of the policy argument here, the White 82 00:04:30,960 --> 00:04:35,680 Speaker 1: House has obviously withdrawn from the Iron nuclear disarmament deal 83 00:04:36,160 --> 00:04:38,280 Speaker 1: now more than a year ago, I believe, uh, and 84 00:04:38,360 --> 00:04:42,960 Speaker 1: they've issued crippling, crippling sanctions against Iron. Their strategy, they 85 00:04:43,080 --> 00:04:46,800 Speaker 1: argued that by putting these crippling sanctions against Tehran, that 86 00:04:46,839 --> 00:04:50,800 Speaker 1: they would isolate Iran from the international community, from their 87 00:04:50,800 --> 00:04:54,080 Speaker 1: ability to do business with other countries, and therefore would 88 00:04:54,120 --> 00:04:56,599 Speaker 1: try to get them to the drawing board or to 89 00:04:56,680 --> 00:04:59,919 Speaker 1: the negotiation table with the international community, I either UN 90 00:05:00,040 --> 00:05:05,600 Speaker 1: United Nations to try to limit their nuclear ambitions. Critics 91 00:05:05,600 --> 00:05:09,120 Speaker 1: of that policy, Democrats included, say that that that that 92 00:05:09,160 --> 00:05:13,200 Speaker 1: those sanctions have only really just rattled them and that 93 00:05:13,360 --> 00:05:15,640 Speaker 1: is part of the reason why they've tried to lash out. 94 00:05:15,720 --> 00:05:18,640 Speaker 1: And the sinking of the two ships or the minding 95 00:05:18,640 --> 00:05:21,279 Speaker 1: of the two ships last week and then shooting down 96 00:05:21,320 --> 00:05:25,760 Speaker 1: that that unmanned drone. So the administration says, well, this 97 00:05:25,920 --> 00:05:29,640 Speaker 1: latest brash of actions coming out of Tehran and is 98 00:05:29,640 --> 00:05:32,520 Speaker 1: is an example of them kind of on their last leg. 99 00:05:32,960 --> 00:05:36,679 Speaker 1: Critics Democrats say, well, they're acting up and they still haven't. 100 00:05:36,720 --> 00:05:38,680 Speaker 1: So it really is that that that's the lay of 101 00:05:38,720 --> 00:05:41,240 Speaker 1: the land. Uh, Jack, I want to play for you 102 00:05:41,320 --> 00:05:45,599 Speaker 1: what President Trump tells NBC's Meet the Press Chuck Todd 103 00:05:45,640 --> 00:05:48,800 Speaker 1: in an interview set to air on Sunday. He's describing 104 00:05:49,080 --> 00:05:52,040 Speaker 1: the scene that Shannon just accounted for. Here's the President 105 00:05:52,080 --> 00:05:54,920 Speaker 1: of the United States. They came and they said, so, 106 00:05:55,080 --> 00:05:56,920 Speaker 1: we're ready to go. We'd like a decision. I said, 107 00:05:56,920 --> 00:05:59,279 Speaker 1: I want to know something before you go. How many 108 00:05:59,320 --> 00:06:03,479 Speaker 1: people will be killed? In this case Iranians? I said, 109 00:06:03,480 --> 00:06:06,680 Speaker 1: how many people won't be killed? Uh? Sir, I'd like 110 00:06:06,720 --> 00:06:10,279 Speaker 1: to get back during that great people, these generals, they said, 111 00:06:11,240 --> 00:06:16,479 Speaker 1: came back approximately. So there you have a check. What 112 00:06:16,560 --> 00:06:19,560 Speaker 1: are folks up on Capitol Hills saying about the situation 113 00:06:19,680 --> 00:06:23,240 Speaker 1: regarding Iran? So I think the Pelosi clip we heard 114 00:06:23,279 --> 00:06:25,760 Speaker 1: earlier kind of sums up the sense of relief that 115 00:06:25,800 --> 00:06:29,240 Speaker 1: he didn't go through with it. There is some concern 116 00:06:29,360 --> 00:06:32,840 Speaker 1: based on that description, though, that according to Trump's version 117 00:06:32,839 --> 00:06:36,760 Speaker 1: of events, he didn't know until almost the last minute, 118 00:06:37,240 --> 00:06:40,200 Speaker 1: exactly how much collateral damage would occur, how much loss 119 00:06:40,240 --> 00:06:43,640 Speaker 1: of life would occur. Uh. And this was not conveyed 120 00:06:43,680 --> 00:06:46,600 Speaker 1: to him until, as we heard, about ten minutes before 121 00:06:46,600 --> 00:06:50,600 Speaker 1: it happened. So, really, I think this is gonna start 122 00:06:50,640 --> 00:06:54,760 Speaker 1: a broader debate over congressional limits on his power. I 123 00:06:54,760 --> 00:06:57,760 Speaker 1: think it's notable that when the House passed a Defense 124 00:06:57,800 --> 00:07:01,479 Speaker 1: appropriations bill earlier this week included a measure that would 125 00:07:01,480 --> 00:07:04,760 Speaker 1: repeal the Authorization for Use of military force. That's the 126 00:07:04,800 --> 00:07:07,320 Speaker 1: first time that the House has passed a repeal of 127 00:07:07,360 --> 00:07:09,680 Speaker 1: that since it went into place in two thousand one. 128 00:07:10,560 --> 00:07:12,600 Speaker 1: I don't know exactly where this goes over the next 129 00:07:12,640 --> 00:07:17,400 Speaker 1: few months as lawmakers kind of consider how much to 130 00:07:17,400 --> 00:07:22,680 Speaker 1: try to constrain last minute decisions and gut decisions and 131 00:07:22,760 --> 00:07:24,800 Speaker 1: kind of shooting from the hip from the president. But 132 00:07:25,040 --> 00:07:27,280 Speaker 1: I think that's going to be a really significant concern. 133 00:07:27,360 --> 00:07:30,520 Speaker 1: Go Jack Fitzpatrick, Bloomberg Government All Star Congressional Reporter. We're 134 00:07:30,520 --> 00:07:32,840 Speaker 1: gonna talk more about those budget caps coming up later 135 00:07:32,880 --> 00:07:36,360 Speaker 1: on in the program. Out Weaver, National political reporter at 136 00:07:36,400 --> 00:07:39,640 Speaker 1: the Hill. What about the divide right now amongst Republicans 137 00:07:39,640 --> 00:07:43,240 Speaker 1: and Democrats and really this public sort of figuring out 138 00:07:43,240 --> 00:07:46,800 Speaker 1: where politicians stand in Congress about the situation in iron 139 00:07:46,840 --> 00:07:48,480 Speaker 1: What are you hearing? Well, I think there's two main 140 00:07:48,520 --> 00:07:51,120 Speaker 1: things here. Obviously, have Democrats and they still they don't 141 00:07:51,160 --> 00:07:53,920 Speaker 1: trust the president of anything, especially in foreign policy. I mean, 142 00:07:54,000 --> 00:07:56,720 Speaker 1: you hear what policy had to say today, Um, they 143 00:07:56,960 --> 00:07:58,440 Speaker 1: simply don't trust from this point. And you have a 144 00:07:58,480 --> 00:08:01,720 Speaker 1: lot of Republicans who really this whole this really exhibits 145 00:08:01,800 --> 00:08:05,080 Speaker 1: a divide and Republicanism going back the last decade, last 146 00:08:05,080 --> 00:08:07,080 Speaker 1: couple of decades, and so you have a lot of 147 00:08:07,080 --> 00:08:09,800 Speaker 1: Republicans in the past who are you know, hawks that 148 00:08:10,080 --> 00:08:11,920 Speaker 1: want to save a rattle a little bit more. And 149 00:08:11,960 --> 00:08:13,560 Speaker 1: now you have Trump who comes in and he's a 150 00:08:13,560 --> 00:08:16,080 Speaker 1: bit of a I want to say moderating voice, but 151 00:08:16,160 --> 00:08:18,120 Speaker 1: he's a more of a he's he's not as much 152 00:08:18,120 --> 00:08:20,120 Speaker 1: of a warhawk. He's not trying to push that as 153 00:08:20,200 --> 00:08:22,000 Speaker 1: much as a lot of workings. I think there was 154 00:08:22,000 --> 00:08:24,120 Speaker 1: the news the other day that Tucker Carlson was advising 155 00:08:24,160 --> 00:08:26,120 Speaker 1: him on stuff. So, I mean, you had that type 156 00:08:26,120 --> 00:08:28,080 Speaker 1: of stuff to him, and I think that divide comes 157 00:08:28,120 --> 00:08:30,720 Speaker 1: down to a divide over what is the endgame here 158 00:08:30,720 --> 00:08:33,800 Speaker 1: with Iran? Do you want regime change? There are certainly 159 00:08:33,840 --> 00:08:36,640 Speaker 1: people who want regime change in the Republican Party, you know, 160 00:08:36,760 --> 00:08:39,400 Speaker 1: in this zwn administration. Do you just want a more 161 00:08:39,400 --> 00:08:42,680 Speaker 1: reasonable regime? Is this an attempt to get Iran to 162 00:08:42,720 --> 00:08:44,640 Speaker 1: come back to the table. And a lot of the 163 00:08:44,679 --> 00:08:47,200 Speaker 1: President's allies were spinning this today as a sort of 164 00:08:47,240 --> 00:08:50,480 Speaker 1: saber rattling, that sort of fire and fury language that 165 00:08:50,559 --> 00:08:53,560 Speaker 1: got Kim Jong Oon to come to negotiating table, and 166 00:08:53,559 --> 00:08:55,920 Speaker 1: that this is an attempt to show Iran that we 167 00:08:56,000 --> 00:08:58,480 Speaker 1: are very serious. We could have done this, but we 168 00:08:58,520 --> 00:09:01,079 Speaker 1: didn't at the last minute. But Iran has not shown 169 00:09:01,080 --> 00:09:02,960 Speaker 1: any signs yet that the sort of gun to the 170 00:09:03,000 --> 00:09:05,440 Speaker 1: head negotiating strategy is going to work with them. And 171 00:09:05,520 --> 00:09:07,559 Speaker 1: there's a reason that might not because there people will 172 00:09:07,640 --> 00:09:10,400 Speaker 1: argue that the Iranian people will move closer to the regime. 173 00:09:10,440 --> 00:09:12,760 Speaker 1: The bigger an enemy of the United States appears to be. 174 00:09:12,840 --> 00:09:15,920 Speaker 1: You know, I was with Tom King last night at 175 00:09:15,920 --> 00:09:18,160 Speaker 1: the St Regis. We were, you know, just talking. So 176 00:09:18,200 --> 00:09:20,319 Speaker 1: I'm gonna take a page out of Tom Keen's But 177 00:09:20,520 --> 00:09:23,480 Speaker 1: by the way, Gollam Bloomberg Television watch his exclusive interview 178 00:09:23,520 --> 00:09:26,000 Speaker 1: with Richard Clarida did just did you catch that? Just 179 00:09:26,120 --> 00:09:30,480 Speaker 1: absolutely fascinating to see the master, the Maestro Tom Keene 180 00:09:30,520 --> 00:09:32,880 Speaker 1: at work. But I'll stay on topic here as Tom 181 00:09:32,920 --> 00:09:34,760 Speaker 1: tells me I have to do and I'm gonna say 182 00:09:34,800 --> 00:09:37,400 Speaker 1: my My My Friday must ree, not my morning rust reed, 183 00:09:37,559 --> 00:09:41,280 Speaker 1: must read tom My Friday Must Read by James STABBARDUS. 184 00:09:41,400 --> 00:09:44,600 Speaker 1: He is a Bloomberg opinion columnists retired U S. Navy 185 00:09:44,640 --> 00:09:49,079 Speaker 1: admiral and former Supreme Commander of NATO Shannon. He's hitting 186 00:09:49,080 --> 00:09:52,480 Speaker 1: your point here in this column. He says that the Iranians, quote, 187 00:09:52,480 --> 00:09:54,920 Speaker 1: are taking a page out of the playboat North Korean 188 00:09:55,000 --> 00:09:59,240 Speaker 1: leader Kim Jong un, who, among other affronts, launches missiles 189 00:09:59,240 --> 00:10:02,520 Speaker 1: in the direction of Japan, seeking to demonstrate to the U. 190 00:10:02,640 --> 00:10:04,720 Speaker 1: S and the global community that he can be a 191 00:10:04,760 --> 00:10:09,600 Speaker 1: great deal of trouble both. Everyone virtually here is trying 192 00:10:09,640 --> 00:10:12,400 Speaker 1: to sort through where the US fits on this. But 193 00:10:12,520 --> 00:10:14,760 Speaker 1: let's not lose the big picture. No one in the 194 00:10:14,840 --> 00:10:19,280 Speaker 1: United States government and Democratic leadership or Republican leadership or 195 00:10:19,280 --> 00:10:22,520 Speaker 1: at the White House wants Tehran to have a nuclear weapon. 196 00:10:22,640 --> 00:10:24,079 Speaker 1: I'll play for you now with Speaker of the House 197 00:10:24,200 --> 00:10:26,800 Speaker 1: Nancy Pelosi had to say here she is and maybe 198 00:10:26,800 --> 00:10:30,160 Speaker 1: be very clear. The Democrats and the meeting House and 199 00:10:30,240 --> 00:10:35,960 Speaker 1: Senate Democrats were very clear that Congress must actum must 200 00:10:36,000 --> 00:10:39,440 Speaker 1: have the authority of Congress before we initiate a military 201 00:10:39,480 --> 00:10:43,600 Speaker 1: hostilities and into a Imran. She's speaking there about the 202 00:10:43,640 --> 00:10:46,079 Speaker 1: debate that is percolated in the halls of Congress is 203 00:10:46,120 --> 00:10:49,680 Speaker 1: al as Jack both know about precisely in this modern 204 00:10:49,720 --> 00:10:53,840 Speaker 1: era that we live in, post nine eleven, How how 205 00:10:54,280 --> 00:10:57,120 Speaker 1: does a commander in chief go about a military attack? 206 00:10:57,240 --> 00:11:00,360 Speaker 1: Much more on politics and policy, All Star Panel Shannon 207 00:11:00,400 --> 00:11:03,480 Speaker 1: Petty Peace, Stays, Jack FETs Patrick al Weaver. You Contempt 208 00:11:03,480 --> 00:11:06,640 Speaker 1: with the Sound On podcast on Apple iTunes, at Bloomberg 209 00:11:06,640 --> 00:11:09,160 Speaker 1: dot com, or by downloading the Bloomberg Business app. You 210 00:11:09,200 --> 00:11:12,839 Speaker 1: can also find us on radio dot com, I Heart Radio, Spotify, 211 00:11:13,000 --> 00:11:20,560 Speaker 1: and the Bloomberg Terminal. I'm Kevin Cirelli. You're listening. You're 212 00:11:20,640 --> 00:11:25,640 Speaker 1: listening to Sound On with Kevin CURRELLI on Bloomberg one 213 00:11:25,760 --> 00:11:27,880 Speaker 1: and one of one of m h D two, Baltimore. 214 00:11:29,320 --> 00:11:33,720 Speaker 1: Happy Friday and a very very happy birthday to my 215 00:11:33,800 --> 00:11:39,079 Speaker 1: oldest sister, Maura Sirelli Giamati back in Delco. She is 216 00:11:39,080 --> 00:11:41,920 Speaker 1: an all star and the best. So happy birthday, mar 217 00:11:42,200 --> 00:11:45,200 Speaker 1: my biggest sister and my first friend. We're talking all 218 00:11:45,240 --> 00:11:49,640 Speaker 1: things politics and policy today with an all star panel. 219 00:11:49,679 --> 00:11:52,000 Speaker 1: Shannon Petty Peace, another one of my friends. Bloomberg News 220 00:11:52,000 --> 00:11:55,599 Speaker 1: White House Reporter, Jack Fitzpatrick, Bloomberg Government Congressional Reporter, and 221 00:11:55,720 --> 00:11:58,960 Speaker 1: al Weaver, National political reporter at the Hill earlier, we 222 00:11:58,960 --> 00:12:02,800 Speaker 1: were talking about the implications of the US and Iran 223 00:12:03,000 --> 00:12:06,880 Speaker 1: policy and how that's going to be impacting the congressional front, 224 00:12:06,920 --> 00:12:11,120 Speaker 1: but also the president's decision to not use a retaliatory 225 00:12:11,200 --> 00:12:14,520 Speaker 1: strike against the Iranians. Shannon Guban on the impact that 226 00:12:14,559 --> 00:12:18,840 Speaker 1: this could have presidential So, one of Trump's key campaign 227 00:12:18,920 --> 00:12:21,839 Speaker 1: promises was about getting US troops out of the Middle East, 228 00:12:21,920 --> 00:12:24,719 Speaker 1: ending what he calls these senseless, endless wars in the 229 00:12:24,760 --> 00:12:28,280 Speaker 1: Middle East. Uh. He has struggled to find a way 230 00:12:28,280 --> 00:12:31,080 Speaker 1: to get us out of Afghanistan. UH. He has drawn 231 00:12:31,160 --> 00:12:33,200 Speaker 1: US back of it in Syria, but not, you know, 232 00:12:33,320 --> 00:12:36,240 Speaker 1: not completely out as he said he was going to do. UH. 233 00:12:36,280 --> 00:12:38,280 Speaker 1: And now we've sent a thousand more troops to the 234 00:12:38,280 --> 00:12:41,680 Speaker 1: Middle East to deal with this crisis, to stand off 235 00:12:41,720 --> 00:12:44,920 Speaker 1: with Iran. UH. If this escalates and the president finds 236 00:12:45,000 --> 00:12:48,640 Speaker 1: himself in some sort of terry conflict before UH, that's 237 00:12:48,640 --> 00:12:51,160 Speaker 1: gonna be Renegia, one of his key campaign promises. And 238 00:12:51,200 --> 00:12:54,559 Speaker 1: there's not a great track record necessarily for presidents who 239 00:12:54,600 --> 00:12:58,040 Speaker 1: start wars right before an election, particularly wars that aren't 240 00:12:58,200 --> 00:13:02,520 Speaker 1: um seen as necessary, where the national security is directly impact. 241 00:13:02,600 --> 00:13:04,520 Speaker 1: And I gotta say this, and I know Shannon agrees 242 00:13:04,559 --> 00:13:06,800 Speaker 1: with me here. I know Alan jackergerith me here. It's 243 00:13:06,880 --> 00:13:10,640 Speaker 1: it's just so awkward to talk about the political implications 244 00:13:10,640 --> 00:13:13,920 Speaker 1: of war, especially when when so I mean, and I 245 00:13:13,920 --> 00:13:16,679 Speaker 1: know we've we've had so many No, we've had no 246 00:13:16,800 --> 00:13:18,520 Speaker 1: we know it's not where your brain is because that's 247 00:13:18,520 --> 00:13:20,600 Speaker 1: why we're friends, because we've had so many conversations about this. 248 00:13:20,800 --> 00:13:22,679 Speaker 1: But but I want to you said about how the 249 00:13:22,679 --> 00:13:26,160 Speaker 1: president has said a thousand troops, a thousand troops to 250 00:13:26,640 --> 00:13:29,280 Speaker 1: he moved those troops. Correct, it wasn't those maybe a 251 00:13:29,320 --> 00:13:31,840 Speaker 1: week or so ago. It was a movement. It was 252 00:13:31,880 --> 00:13:35,040 Speaker 1: a movement. It wasn't like an additional deployment. But yeah, 253 00:13:35,080 --> 00:13:37,160 Speaker 1: but I mean, these are just this. I think this 254 00:13:37,280 --> 00:13:40,000 Speaker 1: escalation is still kind of just beginning. We still haven't 255 00:13:40,040 --> 00:13:42,800 Speaker 1: really determined how we're going to respond to this drone strike. 256 00:13:42,880 --> 00:13:44,240 Speaker 1: So there's going to be more to come from this. 257 00:13:44,679 --> 00:13:48,640 Speaker 1: What are you hearing from presidential crop of presidential characters 258 00:13:48,880 --> 00:13:50,840 Speaker 1: who are running for president, What are they saying about 259 00:13:51,320 --> 00:13:54,199 Speaker 1: the Iran situation? Well, I think it's a lot of 260 00:13:54,240 --> 00:13:55,679 Speaker 1: the same as it's a lot of kind of what 261 00:13:55,720 --> 00:13:58,080 Speaker 1: we expect. You know, they don't. They don't. They don't 262 00:13:58,080 --> 00:14:00,200 Speaker 1: trust the president in any way, shape or form. This 263 00:14:00,240 --> 00:14:02,800 Speaker 1: whole thing. Uh. They all say that, you know, he's 264 00:14:03,280 --> 00:14:05,600 Speaker 1: you know, he's impulsive. They say all this other stuff 265 00:14:05,600 --> 00:14:07,679 Speaker 1: about him. You know that he doesn't have a team, 266 00:14:07,720 --> 00:14:10,640 Speaker 1: and he doesn't have uh, you know, the right sensibilities 267 00:14:10,640 --> 00:14:12,679 Speaker 1: when it comes to dealing with Middle East, that he doesn't, 268 00:14:12,679 --> 00:14:15,959 Speaker 1: that he hasn't thought out plans in advance, and stuff 269 00:14:16,000 --> 00:14:18,040 Speaker 1: like this. They all say that, oh, you know, I'm 270 00:14:18,080 --> 00:14:19,720 Speaker 1: the person, and that he's not a true and he's 271 00:14:19,760 --> 00:14:23,160 Speaker 1: not the commander in chief that you know he should be. Um, 272 00:14:23,200 --> 00:14:24,720 Speaker 1: you know, but I think but it's you look at 273 00:14:24,760 --> 00:14:26,640 Speaker 1: some of these issues you're talking about Syria, were talking 274 00:14:26,640 --> 00:14:29,120 Speaker 1: about that happened last year obviously, or at the end 275 00:14:29,120 --> 00:14:31,520 Speaker 1: of last year into this year. Um, you know, a 276 00:14:31,520 --> 00:14:33,720 Speaker 1: lot of Democrats they kind of agree with him on that. 277 00:14:33,760 --> 00:14:35,600 Speaker 1: They may not agree with the way he went about 278 00:14:35,640 --> 00:14:37,760 Speaker 1: it by going out and saying on Twitter and going 279 00:14:37,840 --> 00:14:40,440 Speaker 1: it's maddis and whatnot, but overall they kind of agree 280 00:14:40,440 --> 00:14:41,960 Speaker 1: with the plans. So they're kind of in a tough 281 00:14:41,960 --> 00:14:44,400 Speaker 1: spot here. And when are they even talking about this 282 00:14:44,520 --> 00:14:47,400 Speaker 1: are they talking about Biden? Because I mean everything I 283 00:14:47,440 --> 00:14:51,080 Speaker 1: hear on put it this way. The oxygen right now 284 00:14:51,360 --> 00:14:53,720 Speaker 1: is with Biden, and it's with Booker, and it's with segregation. 285 00:14:53,760 --> 00:14:55,760 Speaker 1: I can't even Okay, so catch us up to speed. 286 00:14:55,840 --> 00:14:59,080 Speaker 1: What where are we at with former Vice President Joe 287 00:14:59,280 --> 00:15:01,440 Speaker 1: then the segregation? This issue? If if you're just tuning 288 00:15:01,440 --> 00:15:03,440 Speaker 1: in on your way home from work, what's going on 289 00:15:03,480 --> 00:15:05,840 Speaker 1: in Biden world? Well, Biden stillinger attack from the likes 290 00:15:05,840 --> 00:15:07,920 Speaker 1: of Corey Booker and and Bernie Sanders that he has 291 00:15:07,920 --> 00:15:09,920 Speaker 1: been for the last couple of days. Tom Harris and 292 00:15:10,000 --> 00:15:15,080 Speaker 1: Kamala Harris, you're right about that, Kamala Harris, um and 293 00:15:15,080 --> 00:15:16,960 Speaker 1: and it just isn't stopping. I mean, and you have 294 00:15:17,000 --> 00:15:19,520 Speaker 1: a debate next what But for people just tuning in, 295 00:15:19,800 --> 00:15:22,560 Speaker 1: what happened? Well, the Vice President was at a couple 296 00:15:22,600 --> 00:15:25,280 Speaker 1: of fundraisers this week and he started talking about multiple 297 00:15:25,360 --> 00:15:29,000 Speaker 1: s aggregationalist UH Democratic centers Dikti Kratz that he dealt 298 00:15:29,040 --> 00:15:31,160 Speaker 1: with back in the late seventies in his early time 299 00:15:31,160 --> 00:15:32,760 Speaker 1: in the Senate, and how they used to deal with 300 00:15:32,760 --> 00:15:34,360 Speaker 1: each other, and that it was an air of civility 301 00:15:34,400 --> 00:15:36,520 Speaker 1: in the in the in the Senate at the time 302 00:15:36,720 --> 00:15:39,080 Speaker 1: and how they're able to get things done. And since then, 303 00:15:39,080 --> 00:15:40,760 Speaker 1: Biden has coming in our attack from the from the 304 00:15:40,760 --> 00:15:44,000 Speaker 1: three centers we just talked about, and it's really created 305 00:15:44,000 --> 00:15:46,800 Speaker 1: a problem for him. He's something he's he's got a 306 00:15:46,840 --> 00:15:48,960 Speaker 1: focus on. It's it's take up all the oxygen. He 307 00:15:49,000 --> 00:15:50,960 Speaker 1: can't talk about anything else. At this point, you mentioned 308 00:15:51,000 --> 00:15:55,440 Speaker 1: Corey Booker. You mentioned Senator Corey Booker, Democratic presidential candidate 309 00:15:55,680 --> 00:15:58,360 Speaker 1: Corey Booker, Democrat from New Jersey, about what he had 310 00:15:58,440 --> 00:16:01,280 Speaker 1: to say about former Vice President Joe Biden. Take a 311 00:16:01,360 --> 00:16:05,040 Speaker 1: listen to Corey Booker and what he told reporters earlier 312 00:16:05,080 --> 00:16:09,560 Speaker 1: about all this serious. Vice President Biden shouldn't need this 313 00:16:09,760 --> 00:16:12,600 Speaker 1: lesson and at a time when we have from the 314 00:16:12,640 --> 00:16:17,560 Speaker 1: highest offices in the land divisiveness, racial hatred, and biggot 315 00:16:17,600 --> 00:16:21,000 Speaker 1: treat he should have the sensitivity to know that this 316 00:16:21,080 --> 00:16:22,600 Speaker 1: is a time. I need to be an ally. I 317 00:16:22,600 --> 00:16:24,400 Speaker 1: need to be a healer. I need to not engage 318 00:16:24,400 --> 00:16:27,920 Speaker 1: in usage of words that will harm folks that Senator 319 00:16:27,960 --> 00:16:33,160 Speaker 1: Corey Booker. All right, Jack Fitzpatrick and Shannon, listen to this. Uh, 320 00:16:33,760 --> 00:16:35,880 Speaker 1: I want to play for you guys with civil rights icon, 321 00:16:36,880 --> 00:16:41,400 Speaker 1: Civil Rights icon John Lewis. Congressman John Lewis, the House 322 00:16:41,440 --> 00:16:47,920 Speaker 1: Democrat from Georgia, had to say about the Biden conversations 323 00:16:47,960 --> 00:16:51,040 Speaker 1: controversy that we're having. Here's civil rights icon John Lewis. 324 00:16:51,760 --> 00:16:55,440 Speaker 1: I don't think the remarks don height of a sivil 325 00:16:55,520 --> 00:17:02,440 Speaker 1: ranks movement. We worked with people, um and got to 326 00:17:02,480 --> 00:17:08,200 Speaker 1: know people. There was members of the clan, people who 327 00:17:08,200 --> 00:17:14,719 Speaker 1: opposed us, even people who beat us, arrested us and 328 00:17:14,840 --> 00:17:21,440 Speaker 1: jail us. We never gave up on a fella human beans. Jack. 329 00:17:21,520 --> 00:17:24,879 Speaker 1: That's that's John Lewis. Uh, what do you what do 330 00:17:24,920 --> 00:17:26,760 Speaker 1: you make about this? And what are you hearing from 331 00:17:26,800 --> 00:17:29,720 Speaker 1: from folks as as they're talking about the story. Well, 332 00:17:29,760 --> 00:17:32,919 Speaker 1: that's very John Lewis, bonse. I mean it was close 333 00:17:33,040 --> 00:17:36,600 Speaker 1: with Martin Luther King during the civil rights movement. He's 334 00:17:36,640 --> 00:17:40,080 Speaker 1: always taken a very inclusive tone. And if you've been 335 00:17:40,200 --> 00:17:43,400 Speaker 1: in politics for days the way he has and Biden 336 00:17:43,600 --> 00:17:46,399 Speaker 1: have has, uh, you know that there are going to 337 00:17:46,440 --> 00:17:49,719 Speaker 1: be some people who are are not very wise with 338 00:17:49,800 --> 00:17:52,880 Speaker 1: their words. You know, when Biden said James east Lynn 339 00:17:52,880 --> 00:17:55,520 Speaker 1: always called me son, he didn't call me boy. Some 340 00:17:55,600 --> 00:17:59,520 Speaker 1: people took offense to that, probably rightfully, so because Biden 341 00:17:59,640 --> 00:18:04,439 Speaker 1: is white, and that's that's not who racists in the 342 00:18:04,480 --> 00:18:08,000 Speaker 1: past have called boy. But there's a certain level of 343 00:18:08,080 --> 00:18:11,000 Speaker 1: forgiveness for people who had to go through the civil 344 00:18:11,080 --> 00:18:14,520 Speaker 1: rights movement and had to go through politics and deal 345 00:18:14,560 --> 00:18:18,320 Speaker 1: with the Senate in the sixties, seventies, eighties. But then 346 00:18:18,520 --> 00:18:20,600 Speaker 1: obviously you heard from Corey Booker and people who are 347 00:18:20,640 --> 00:18:25,439 Speaker 1: pushing not only for inclusion of more political allies, but 348 00:18:26,240 --> 00:18:29,600 Speaker 1: I think a kind of language that is is more 349 00:18:29,680 --> 00:18:33,760 Speaker 1: respectful to minorities, and there's a real focus on the 350 00:18:33,800 --> 00:18:37,080 Speaker 1: exact words that you use that maybe John Lewis wasn't 351 00:18:37,160 --> 00:18:40,360 Speaker 1: quite as picky about for his whole career, leading to now, Yeah, 352 00:18:40,359 --> 00:18:44,400 Speaker 1: it shows this different, this different in generations of politicians, 353 00:18:44,560 --> 00:18:47,200 Speaker 1: and also the fact that people pointing this out before 354 00:18:47,200 --> 00:18:49,720 Speaker 1: Biden even ran. Historically he has not been a great 355 00:18:49,760 --> 00:18:53,840 Speaker 1: presidential candidate. He has not been a super savvy politician, 356 00:18:54,160 --> 00:18:56,639 Speaker 1: and it's kind of showing him at a touch with 357 00:18:56,680 --> 00:18:58,880 Speaker 1: the moment to some extent. I mean not just this, 358 00:18:58,920 --> 00:19:03,520 Speaker 1: but we remember the me two issues with the handsiness, 359 00:19:03,640 --> 00:19:06,359 Speaker 1: and he struggled to let that go or no, it 360 00:19:06,400 --> 00:19:08,320 Speaker 1: was a little tone deaf on that issue when he 361 00:19:08,359 --> 00:19:10,919 Speaker 1: was trying to address it. So I think, yes, not 362 00:19:10,960 --> 00:19:12,920 Speaker 1: only does he have vulnerabilities in his record, but we're 363 00:19:12,920 --> 00:19:15,280 Speaker 1: also seeing some vulnerabilities in his in his role as 364 00:19:15,320 --> 00:19:18,200 Speaker 1: a candidate. Now, Donald Trump wasn't a great candidate or 365 00:19:18,240 --> 00:19:21,280 Speaker 1: an orthodox candidate um and did not always say the 366 00:19:21,400 --> 00:19:24,160 Speaker 1: right things most of the time didn't say the right things. 367 00:19:24,359 --> 00:19:26,360 Speaker 1: He was elected president. So it doesn't mean that someone 368 00:19:26,400 --> 00:19:28,600 Speaker 1: who's not politically correct and out of step with the 369 00:19:28,600 --> 00:19:31,560 Speaker 1: moment can't get elected president. But in the Democratic Party, 370 00:19:31,640 --> 00:19:33,440 Speaker 1: I think it's gonna make him. It's going to be 371 00:19:33,520 --> 00:19:34,879 Speaker 1: more of a struggle for him, and he's gonna have 372 00:19:34,880 --> 00:19:37,880 Speaker 1: to have other things that he was never gonna win 373 00:19:37,920 --> 00:19:40,280 Speaker 1: those votes anyway out. No, you're right about that. But 374 00:19:40,320 --> 00:19:42,119 Speaker 1: I will say the one thing that's really striking is 375 00:19:42,119 --> 00:19:44,119 Speaker 1: this divide in the party right now. You have a 376 00:19:44,119 --> 00:19:46,439 Speaker 1: lot of the you have a lot of CBC, a 377 00:19:46,440 --> 00:19:50,359 Speaker 1: lot of the old establishment folks. You have Diane Feinstein, Claiburne, 378 00:19:50,400 --> 00:19:52,520 Speaker 1: a bunch of them. They've come to Biden's defense in 379 00:19:52,520 --> 00:19:54,480 Speaker 1: the last couple of days over this. And then you 380 00:19:54,480 --> 00:19:56,320 Speaker 1: have this new school. You have the Corey Bookers, the 381 00:19:56,359 --> 00:19:58,720 Speaker 1: Kamala Harris, and they're the ones really making them making 382 00:19:58,760 --> 00:20:01,359 Speaker 1: him pay for this. It's a real divine the party 383 00:20:01,359 --> 00:20:03,640 Speaker 1: and something Biden's having to deal with. He's it's something 384 00:20:03,680 --> 00:20:05,360 Speaker 1: he's gonna to answer for the next week as far 385 00:20:05,359 --> 00:20:07,000 Speaker 1: as with the debates coming, all right, if all, if 386 00:20:07,040 --> 00:20:10,640 Speaker 1: all that wasn't enough, I gotta, I gotta. Roy Moore 387 00:20:10,680 --> 00:20:13,760 Speaker 1: is running again. Roy Moore's I mean bows that for 388 00:20:13,800 --> 00:20:17,160 Speaker 1: a pivot, Christine. Roy Moore is running again down in Alabama. 389 00:20:17,200 --> 00:20:19,399 Speaker 1: And I want to play for you what Roy Moore 390 00:20:19,600 --> 00:20:23,880 Speaker 1: said in Montgomery, Alabama about whether or not he can win. 391 00:20:24,000 --> 00:20:26,080 Speaker 1: Roy Moore, the guy who ran to get uh for 392 00:20:26,160 --> 00:20:28,920 Speaker 1: Jeff's Seaton lost to Doug Jones. But remember the whole 393 00:20:29,000 --> 00:20:32,840 Speaker 1: yearbook and the we all remember the sexual controversy of 394 00:20:33,520 --> 00:20:37,919 Speaker 1: like to forget. Yeah, but here's Roy Moore. Yes I 395 00:20:37,960 --> 00:20:42,120 Speaker 1: can win. Not only they know I can't. That's why 396 00:20:42,119 --> 00:20:45,040 Speaker 1: there's such opposition. I'm just gonna leave it there. I 397 00:20:45,080 --> 00:20:46,840 Speaker 1: don't really want to spend much more time on that 398 00:20:46,920 --> 00:20:50,439 Speaker 1: for now. It's Friday. It's Friday, Shannon, You're kicking Graham. 399 00:20:50,560 --> 00:20:54,919 Speaker 1: Horseback writing. We have horseback writing lessons on Saturday, and 400 00:20:54,960 --> 00:20:57,840 Speaker 1: probably on an All Star n five and a half 401 00:20:58,160 --> 00:21:00,560 Speaker 1: and I feel like I'm six months away from buying 402 00:21:00,600 --> 00:21:04,119 Speaker 1: a truck and a horse trailer. All right, we'll have 403 00:21:04,240 --> 00:21:05,879 Speaker 1: fun with that ship. And thanks for hanging out with 404 00:21:05,920 --> 00:21:08,440 Speaker 1: us on this Friday, Alan Jack, are going to stick around. 405 00:21:08,440 --> 00:21:11,360 Speaker 1: Download the Sound On podcast on Apple iTunes, at Bloomberg 406 00:21:11,400 --> 00:21:14,119 Speaker 1: dot com, or by downloading the Bloomberg Business app. You 407 00:21:14,160 --> 00:21:16,600 Speaker 1: can also find us on Radio dot com, I Heart Radio, 408 00:21:16,640 --> 00:21:20,520 Speaker 1: and Spotify. Budget Caps. We're talking budget caps coming up next. 409 00:21:20,600 --> 00:21:27,080 Speaker 1: I'm Kevin Serelli. You're listening to Bloomberg. You're listening to 410 00:21:27,359 --> 00:21:31,960 Speaker 1: Sound On with Kevin Surreally on Bloomberg one and one 411 00:21:32,000 --> 00:21:34,480 Speaker 1: oh five point seven of m h D two Baltimore. 412 00:21:35,720 --> 00:21:39,320 Speaker 1: Welcome back. I'm Kevin Sereli, Chief Washington correspondent to Bloomberg 413 00:21:39,359 --> 00:21:42,280 Speaker 1: Television and to Bloomberg Radio. My guest with me for 414 00:21:42,400 --> 00:21:46,440 Speaker 1: the hour our Jack Fitzpatrick, Bloomberg government congressional reporter and 415 00:21:46,560 --> 00:21:51,440 Speaker 1: Al Weaver national political reporter, Philadelphia sportsman for The Hill newspaper. 416 00:21:51,520 --> 00:21:53,880 Speaker 1: You can find his reporting on the Hill dot com. Right. Yes, 417 00:21:53,960 --> 00:21:56,720 Speaker 1: and then you write a newsletter to the Morning Report 418 00:21:56,800 --> 00:21:59,119 Speaker 1: every morning to your inbox at six thirty. It's one 419 00:21:59,119 --> 00:22:00,920 Speaker 1: of my if you want to subscribe to that. What 420 00:22:00,960 --> 00:22:03,320 Speaker 1: do you do? Uh, just go to my Twitter feed. 421 00:22:03,320 --> 00:22:05,600 Speaker 1: I have a link there. You can subscribe to that 422 00:22:05,640 --> 00:22:07,600 Speaker 1: and any other newsletter you want. For the help, al Weaver, 423 00:22:08,000 --> 00:22:12,640 Speaker 1: easy to find, easy to subscribe to. Jack, you're covering this, 424 00:22:12,800 --> 00:22:15,560 Speaker 1: this story that's really about to bubble over next week, 425 00:22:15,760 --> 00:22:18,399 Speaker 1: which is the Trump administration. Reading from your reporting on 426 00:22:18,400 --> 00:22:21,159 Speaker 1: the Bloomberg terminal, the Trump administration would be forced to 427 00:22:21,200 --> 00:22:25,280 Speaker 1: send aid to Central American countries and the military would 428 00:22:25,320 --> 00:22:28,320 Speaker 1: miss out on a hundred and forty million dollars in 429 00:22:28,359 --> 00:22:32,280 Speaker 1: a four point five billion dollar how supplemental spending measure 430 00:22:32,680 --> 00:22:37,280 Speaker 1: for humanitarian needs at the southern border, according to released 431 00:22:37,320 --> 00:22:40,080 Speaker 1: on Friday. So what's going on with this? Yes, So, 432 00:22:40,320 --> 00:22:43,240 Speaker 1: since the beginning of May, the Trump administration has been saying, 433 00:22:43,359 --> 00:22:45,760 Speaker 1: we've had such an influx of people coming across the 434 00:22:45,800 --> 00:22:48,440 Speaker 1: southern border, we need four and a half to five 435 00:22:48,520 --> 00:22:51,399 Speaker 1: billion dollars more, not for a border wall, just to 436 00:22:51,520 --> 00:22:57,080 Speaker 1: take care of processing people, keeping people in a safe place. Uh. 437 00:22:57,600 --> 00:23:01,360 Speaker 1: I think we're gonna jump later to AOC's concentration comments, 438 00:23:01,400 --> 00:23:06,840 Speaker 1: but essentially avoiding avoiding actual concentration camps and uh and 439 00:23:07,000 --> 00:23:13,240 Speaker 1: processing people. The Democrats in the House in particularly are saying, Okay, 440 00:23:13,359 --> 00:23:16,520 Speaker 1: we're gonna put restricts on that. We will fund what 441 00:23:16,600 --> 00:23:18,920 Speaker 1: you need to process people and take care of people 442 00:23:18,920 --> 00:23:21,920 Speaker 1: at the border. But for one, when Trump said on 443 00:23:21,960 --> 00:23:25,560 Speaker 1: Monday he's going to cut aid to Central American countries, 444 00:23:25,600 --> 00:23:30,719 Speaker 1: including Guatemala and Honduras until they help take care of 445 00:23:30,720 --> 00:23:33,679 Speaker 1: all this, the Democrats say, no, you're not going to 446 00:23:33,720 --> 00:23:36,080 Speaker 1: cut aid to Central America. That's going to be a 447 00:23:36,160 --> 00:23:39,080 Speaker 1: real sticking point before there's any kind of deal. They 448 00:23:39,119 --> 00:23:41,760 Speaker 1: also don't want to give any money to the military 449 00:23:41,840 --> 00:23:45,560 Speaker 1: that has played some role in this. Uh. And they 450 00:23:45,600 --> 00:23:49,399 Speaker 1: are not going to fund any ice detention increase, no 451 00:23:49,560 --> 00:23:53,879 Speaker 1: detention capacity. Uh. They will continue fighting for even a limit. 452 00:23:53,960 --> 00:23:56,200 Speaker 1: So so, like top line view, if you're if you're 453 00:23:56,200 --> 00:23:58,400 Speaker 1: heading into the weekend and you're trying to follow her 454 00:23:58,440 --> 00:24:00,560 Speaker 1: on you're trying to follow the debate next week, and 455 00:24:00,560 --> 00:24:03,480 Speaker 1: then you've got this budget battle. If they don't pass 456 00:24:04,000 --> 00:24:06,440 Speaker 1: legislation or they don't get a deal by the week 457 00:24:06,480 --> 00:24:10,200 Speaker 1: long July fourth recess, what happens. Uh. They are going 458 00:24:10,240 --> 00:24:13,640 Speaker 1: to try hard to do it, but well, I don't 459 00:24:13,680 --> 00:24:17,360 Speaker 1: know for this partip portion of the budget battle that's 460 00:24:17,400 --> 00:24:21,200 Speaker 1: going on This is really about a humanitarian crisis that 461 00:24:21,240 --> 00:24:23,760 Speaker 1: they need to act on now. Both sides say they 462 00:24:23,800 --> 00:24:26,000 Speaker 1: need to act on this, on this now. This has 463 00:24:26,160 --> 00:24:29,199 Speaker 1: nothing even to do with there's an October deadline to 464 00:24:29,200 --> 00:24:31,280 Speaker 1: fund the government. This is something they need to do 465 00:24:31,359 --> 00:24:33,639 Speaker 1: as soon as possible because the gut they're going to 466 00:24:33,760 --> 00:24:36,439 Speaker 1: run out of money for unaccompanied children and those people 467 00:24:37,040 --> 00:24:40,680 Speaker 1: probably in July if they don't get billions of more dollars, 468 00:24:40,960 --> 00:24:44,640 Speaker 1: and the conditions there are getting very very bad. Uh So, 469 00:24:44,920 --> 00:24:48,120 Speaker 1: now after months of delay, you have both parties saying 470 00:24:48,160 --> 00:24:50,919 Speaker 1: we absolutely need to do something to take care of 471 00:24:50,960 --> 00:24:55,160 Speaker 1: these people, but they are still fighting over foreign aid 472 00:24:55,359 --> 00:24:58,720 Speaker 1: money to the military, ice detention, that kind of thing. 473 00:24:58,720 --> 00:25:02,440 Speaker 1: You think they're going to get a deal. I think 474 00:25:02,560 --> 00:25:06,080 Speaker 1: fifty fifty by next week. At some point something will happen. 475 00:25:06,600 --> 00:25:09,159 Speaker 1: I think it's it's fifty fifty that they'll do this 476 00:25:09,200 --> 00:25:11,119 Speaker 1: before they leave town. But if they go out for 477 00:25:11,119 --> 00:25:14,159 Speaker 1: a week long recess over July four, a lot of 478 00:25:14,200 --> 00:25:15,679 Speaker 1: these people are going to really hear it from just 479 00:25:15,800 --> 00:25:18,200 Speaker 1: the imagery of going on a July fourth recess. Well, 480 00:25:18,240 --> 00:25:22,080 Speaker 1: this is just it's hard to even articulate. Well, there's 481 00:25:22,119 --> 00:25:24,119 Speaker 1: two things I'd make a point about one thing is 482 00:25:24,160 --> 00:25:26,440 Speaker 1: that I mean obviously the July four you talk about 483 00:25:26,440 --> 00:25:29,000 Speaker 1: their home, they're probably gonna hear a lot from their constituents. 484 00:25:29,200 --> 00:25:32,240 Speaker 1: And overall before the August August recess, when they're away 485 00:25:32,240 --> 00:25:35,399 Speaker 1: from a month there is there is a month and 486 00:25:35,400 --> 00:25:37,200 Speaker 1: a half you're because it must be nice they leave 487 00:25:37,200 --> 00:25:40,359 Speaker 1: around I think they're only here for another I believe 488 00:25:40,400 --> 00:25:43,439 Speaker 1: it's sixteen legislative days. That's not much time to get 489 00:25:43,480 --> 00:25:45,280 Speaker 1: a deal like this. And number two, I think there 490 00:25:45,320 --> 00:25:47,399 Speaker 1: was a good story about one of my colleagues, Alex Bolton. 491 00:25:47,400 --> 00:25:50,320 Speaker 1: They had a story that they did a story about 492 00:25:50,320 --> 00:25:52,800 Speaker 1: the Democrats have done a you turn on on this 493 00:25:52,880 --> 00:25:54,920 Speaker 1: humanitarian a And I remember a couple of months ago, 494 00:25:55,040 --> 00:25:57,520 Speaker 1: even when you know, especially when they're talking about the 495 00:25:57,520 --> 00:25:59,359 Speaker 1: disaster rate even and they will up to that how 496 00:25:59,400 --> 00:26:02,000 Speaker 1: they didn't want any humanitarian aid into that. They obviously 497 00:26:02,000 --> 00:26:05,800 Speaker 1: didn't make him into the disaster rate package. And but 498 00:26:05,640 --> 00:26:07,399 Speaker 1: but I think that all kind of changed when j 499 00:26:07,520 --> 00:26:09,640 Speaker 1: Johnson came out and said, yes, there's a real Christ 500 00:26:09,880 --> 00:26:11,600 Speaker 1: on the southern border, and it kind of took took 501 00:26:11,600 --> 00:26:14,240 Speaker 1: that talking white point from Democrats And you're seeing that 502 00:26:14,359 --> 00:26:16,520 Speaker 1: right now. I mean would be with Lakey and Shelby, 503 00:26:16,520 --> 00:26:18,840 Speaker 1: they can they struck a deal at tentative deal on 504 00:26:18,880 --> 00:26:21,760 Speaker 1: the four point six. Uh, you know that wasn't gonna 505 00:26:21,760 --> 00:26:25,000 Speaker 1: happen a few months ago. So what would Arnie Vennick say? 506 00:26:25,040 --> 00:26:29,680 Speaker 1: Coming up, we dive into that, plus AOC the controversy, 507 00:26:29,800 --> 00:26:35,240 Speaker 1: the fallout, more fallout for Congresswoman Alexandria Acasio Cortez, Panel stays, 508 00:26:35,720 --> 00:26:39,680 Speaker 1: Jack Fitzpatrick Bigov, All Star, and Al Weaver, National political 509 00:26:39,800 --> 00:26:42,280 Speaker 1: reporter at the Hill. You can download the Sound On 510 00:26:42,359 --> 00:26:46,040 Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by 511 00:26:46,080 --> 00:26:49,280 Speaker 1: downloading the Bloomberg Business app. You can also find us 512 00:26:49,320 --> 00:26:53,439 Speaker 1: on Radio dot Com, I Heart Radio, and Spotify. Go 513 00:26:53,640 --> 00:26:57,040 Speaker 1: listen on Bloomberg Television to Tom Keane's interview with Richard Clarida. 514 00:26:57,240 --> 00:27:03,040 Speaker 1: I'm Kevin Cirilli. You're listening to Bloomberg nine one. This 515 00:27:03,680 --> 00:27:08,440 Speaker 1: is Sound On with Ken on Bloomberg one and one 516 00:27:08,480 --> 00:27:12,840 Speaker 1: oh five seven m h D two Boltemore Friday, Folks, 517 00:27:13,040 --> 00:27:16,840 Speaker 1: to quote Jonathan and Pharaoh Friday. It's Friday. Welcome to 518 00:27:17,000 --> 00:27:20,919 Speaker 1: the weekend. James Comey, I'm reading from the Bloomberg terminal. 519 00:27:21,359 --> 00:27:25,159 Speaker 1: James Comey says that the threat from Huawei is something 520 00:27:25,280 --> 00:27:28,680 Speaker 1: he and Trump agree on. According to my colleague Billy House, 521 00:27:29,160 --> 00:27:33,320 Speaker 1: reporting on the Bloomberg terminal, former FBI Director James Comey 522 00:27:33,440 --> 00:27:38,600 Speaker 1: said the Trump administration's actions against White Technologies company stem 523 00:27:38,640 --> 00:27:42,199 Speaker 1: from a quote fact based intelligence concern end quote, and 524 00:27:42,400 --> 00:27:45,639 Speaker 1: aren't just part of a trade war with China. Who 525 00:27:45,680 --> 00:27:51,280 Speaker 1: would have thought, guys, James Coby, James Comey agreeing, agreeing 526 00:27:51,359 --> 00:27:55,320 Speaker 1: with President Trump. Al Weaver's here, national political reporter for 527 00:27:55,359 --> 00:27:59,560 Speaker 1: The Hill. Jack, that's Patrick Bloomberg, government congressional reporter. I 528 00:27:59,680 --> 00:28:03,240 Speaker 1: was whych rewatching because I have no life congress froman 529 00:28:03,240 --> 00:28:06,720 Speaker 1: Alexandria Acascio Cortez's interview with Jonathan Carl last week from 530 00:28:07,040 --> 00:28:10,000 Speaker 1: the Sunday Shows, and she says she's working with speaking 531 00:28:10,000 --> 00:28:14,040 Speaker 1: of strange political bedfellows, working with Senator Ted Cruz on something. 532 00:28:14,160 --> 00:28:17,439 Speaker 1: So I guess it's on like and and BENK Carson 533 00:28:17,960 --> 00:28:20,840 Speaker 1: on on some issues that they're trying to work together 534 00:28:20,880 --> 00:28:24,480 Speaker 1: on birth control. And it's going to be interesting to 535 00:28:24,560 --> 00:28:29,280 Speaker 1: see where all of that goes. So James Comey and 536 00:28:29,359 --> 00:28:34,720 Speaker 1: President Trump on Huawei, Ao c and Ted Cruz speaking 537 00:28:34,760 --> 00:28:37,920 Speaker 1: of AOC. That's where I want to take this, uh, 538 00:28:38,160 --> 00:28:42,280 Speaker 1: this concentration camp. Earlier we were talking about concentration or 539 00:28:42,320 --> 00:28:45,000 Speaker 1: the situation at the border and how the budget money 540 00:28:45,080 --> 00:28:48,760 Speaker 1: is running out for the detention centers for children who 541 00:28:48,880 --> 00:28:52,160 Speaker 1: are here while their parents are being deported and whatnot, 542 00:28:52,240 --> 00:28:55,000 Speaker 1: and the money is going to run out. Democrats, Republicans 543 00:28:55,000 --> 00:28:57,280 Speaker 1: degree there has to be some type of fix before 544 00:28:57,280 --> 00:29:00,880 Speaker 1: the July fourth recess. And AOC has been referring to 545 00:29:00,920 --> 00:29:05,120 Speaker 1: them as concentration camps, and that has a lot of 546 00:29:05,120 --> 00:29:08,920 Speaker 1: folks speaking out against it, UM because of the of 547 00:29:08,960 --> 00:29:10,920 Speaker 1: what it does. I want to play for you what 548 00:29:11,000 --> 00:29:14,120 Speaker 1: AOC said earlier this week, Jack, and I want to 549 00:29:14,120 --> 00:29:17,400 Speaker 1: gather what both of you were hearing from from lawmakers 550 00:29:17,440 --> 00:29:20,880 Speaker 1: on capital. Here. Here here is AOC saying why she 551 00:29:21,040 --> 00:29:24,280 Speaker 1: is referring to them as concentration camps. There is a 552 00:29:24,400 --> 00:29:28,360 Speaker 1: very clear academic consensus on what constitutes a concentration camp, 553 00:29:28,600 --> 00:29:30,920 Speaker 1: and that is the mass attention of a community of 554 00:29:30,960 --> 00:29:34,560 Speaker 1: people without a trial or do process. I think it's 555 00:29:34,560 --> 00:29:38,640 Speaker 1: pretty universally uh and non controversial to say that the 556 00:29:39,280 --> 00:29:42,920 Speaker 1: administration is doing exactly that and meets the academic requirement 557 00:29:42,920 --> 00:29:46,760 Speaker 1: for what a concentration campus. It is controversial, UM, a 558 00:29:46,760 --> 00:29:48,600 Speaker 1: lot of folks are dotting offense to this. What are 559 00:29:48,640 --> 00:29:51,239 Speaker 1: you hearing Jack Fitzpatrick about her usage of the of 560 00:29:51,720 --> 00:29:54,040 Speaker 1: saying what's going on at the border is saying that's 561 00:29:54,040 --> 00:29:57,880 Speaker 1: a concentration camp. Well, I it doesn't appear to help 562 00:29:57,920 --> 00:30:00,600 Speaker 1: as you have both parties trying to them together on 563 00:30:00,640 --> 00:30:03,760 Speaker 1: an actual deal to alleviate some of the problems there. 564 00:30:04,520 --> 00:30:09,120 Speaker 1: A lot of the lawmakers have have not wanted to 565 00:30:09,120 --> 00:30:12,560 Speaker 1: touch on those comments specifically and instead just try to 566 00:30:12,600 --> 00:30:16,840 Speaker 1: get something through. I should probably point out one she 567 00:30:17,120 --> 00:30:19,920 Speaker 1: is not right to say it's uncontroversial. It's clearly controversial 568 00:30:20,160 --> 00:30:25,080 Speaker 1: to the other kind of pushback here, uh, is the 569 00:30:25,400 --> 00:30:29,040 Speaker 1: mention of due process or some very complicated issues with 570 00:30:29,080 --> 00:30:31,960 Speaker 1: how you provide due process to the people who are 571 00:30:32,120 --> 00:30:35,120 Speaker 1: being kept here because in some tape cases they're trying 572 00:30:35,120 --> 00:30:37,920 Speaker 1: to figure out who their family is. In some cases 573 00:30:37,960 --> 00:30:40,240 Speaker 1: they're limited as far as how long they can keep 574 00:30:40,280 --> 00:30:43,080 Speaker 1: them in a detention center before they put them somewhere else. 575 00:30:43,320 --> 00:30:45,960 Speaker 1: The fact is they're going through the court system, the 576 00:30:45,960 --> 00:30:50,440 Speaker 1: immigration court system, and that is meant to be due process. 577 00:30:50,720 --> 00:30:54,240 Speaker 1: So we have judicial we did not, for example, during 578 00:30:54,280 --> 00:30:57,000 Speaker 1: World War Two with Japanese in tournament camps. But that 579 00:30:57,160 --> 00:30:59,920 Speaker 1: is the I think probably key legal difference if you 580 00:31:00,000 --> 00:31:03,160 Speaker 1: were to make that com that comparison is these people 581 00:31:03,200 --> 00:31:06,080 Speaker 1: are getting court hearings at least. I don't know how 582 00:31:06,080 --> 00:31:08,360 Speaker 1: we got it's it's I don't know how we got here, 583 00:31:08,400 --> 00:31:12,200 Speaker 1: Speaker Pelosi. Speaker Nancy Pelosi, who everyone, you all know this, 584 00:31:12,320 --> 00:31:17,400 Speaker 1: We talked to the same people. Cannot fathom why AOC 585 00:31:17,640 --> 00:31:19,800 Speaker 1: is talking like this here. Speaker of the House Nancy Pelosi, 586 00:31:19,840 --> 00:31:25,480 Speaker 1: responding to questions earlier this week about AOC invoking concentration 587 00:31:25,520 --> 00:31:29,760 Speaker 1: camps into the rhetoric curtious. I do have some comments 588 00:31:29,800 --> 00:31:33,920 Speaker 1: to make to my caucus writ large about the political 589 00:31:34,000 --> 00:31:38,719 Speaker 1: nature of how politically charged the atmosphere is. So understand 590 00:31:39,560 --> 00:31:42,720 Speaker 1: that the Republicans have no interest in holding the president 591 00:31:42,720 --> 00:31:47,240 Speaker 1: accountable for his words. They will misrepresent anything that you say, 592 00:31:47,840 --> 00:31:50,160 Speaker 1: just if you have one word in the sense that 593 00:31:50,280 --> 00:31:53,320 Speaker 1: they can exploit. We were to Speaker Pelosi have any 594 00:31:53,320 --> 00:31:56,920 Speaker 1: attention to hold members of her caucus accountable for their words. Oh, 595 00:31:56,960 --> 00:31:59,120 Speaker 1: that's a good question. I would say two things here. 596 00:31:59,240 --> 00:32:02,400 Speaker 1: Number one of his number one goal obviously did everything 597 00:32:02,440 --> 00:32:05,000 Speaker 1: she obviously wants to get legislation to But politically speaking, 598 00:32:05,040 --> 00:32:07,480 Speaker 1: she wants to keep the House, and AOC is not 599 00:32:07,560 --> 00:32:09,080 Speaker 1: a is not a factor in that. At this point, 600 00:32:09,120 --> 00:32:12,640 Speaker 1: it's all about protecting the folks that brought that brought 601 00:32:12,640 --> 00:32:15,440 Speaker 1: the majority home for the Democrats. It's it's protecting people 602 00:32:15,680 --> 00:32:19,520 Speaker 1: in the in Philadelphia suburbs, it's protecting folks in the Midwest, 603 00:32:19,600 --> 00:32:22,600 Speaker 1: it's protecting folks and suburban count and districts throughout the country. 604 00:32:22,840 --> 00:32:26,280 Speaker 1: And comments like this living matter too much at this point. 605 00:32:26,480 --> 00:32:29,840 Speaker 1: And the other thing. Just generally speaking, it's not usually 606 00:32:29,880 --> 00:32:32,240 Speaker 1: a good idea to invoke the Holocaust. It just doesn't. 607 00:32:32,520 --> 00:32:34,800 Speaker 1: And I think the better and I think you're looking 608 00:32:35,000 --> 00:32:37,160 Speaker 1: look look at it. Next week we have debates coming up. 609 00:32:37,640 --> 00:32:39,360 Speaker 1: I would not be shocked if this is asked on 610 00:32:39,400 --> 00:32:42,000 Speaker 1: the debate stage, if this is invoked on the debate 611 00:32:42,040 --> 00:32:45,160 Speaker 1: stage by you know, moderator mentions, Oh hey, uh you 612 00:32:45,200 --> 00:32:47,720 Speaker 1: know ex Canada, what do you AFC said this? What 613 00:32:47,760 --> 00:32:49,560 Speaker 1: do you say? What do you have to say? That's 614 00:32:49,560 --> 00:32:51,440 Speaker 1: gonna be very interesting to uh, you know, to hear 615 00:32:51,520 --> 00:32:55,440 Speaker 1: what how how Democratic candidates attack that question, whether they 616 00:32:55,480 --> 00:32:58,440 Speaker 1: side with AOC, whether they against that. I think that's 617 00:32:58,480 --> 00:33:01,600 Speaker 1: gonna be fascinating next week warning and what they say 618 00:33:01,720 --> 00:33:04,440 Speaker 1: is going to be absolutely I'm looking forward to a 619 00:33:04,440 --> 00:33:07,440 Speaker 1: minute morning to keep it tight. Gentlemen, what are you 620 00:33:07,480 --> 00:33:12,040 Speaker 1: watching for on that debate stage this weekend? Sixty second morning? Now, 621 00:33:12,080 --> 00:33:14,840 Speaker 1: go ahead, quick. Who's gonna have a breakout debate? Jack Fitzpatrick. 622 00:33:15,440 --> 00:33:17,880 Speaker 1: I think the big question is does Joe Biden strike 623 00:33:17,960 --> 00:33:20,640 Speaker 1: back at anyone else or does he just entirely focus? 624 00:33:20,720 --> 00:33:22,520 Speaker 1: So I think he does. I think he comes out swinging. 625 00:33:22,560 --> 00:33:25,960 Speaker 1: I think it's let Biden be Biden ready, Arnie Vinnick 626 00:33:26,120 --> 00:33:28,959 Speaker 1: west Wing reference. God, I'm gonna watch that this this weekend. 627 00:33:29,160 --> 00:33:31,120 Speaker 1: I'm getting off topic and we got just a little bit. 628 00:33:31,200 --> 00:33:33,520 Speaker 1: Who's gonna have a big debate next week? Al said 629 00:33:33,520 --> 00:33:35,880 Speaker 1: Elizabeth Warren. She's got a lot of She's got a 630 00:33:35,920 --> 00:33:38,440 Speaker 1: lot of oxygen. She's the main person on that stage, 631 00:33:38,600 --> 00:33:41,000 Speaker 1: the one she's on. The other ones that obviously Biden, 632 00:33:41,080 --> 00:33:43,960 Speaker 1: Bernie Buddha Edge and Kamala Harris are all on the 633 00:33:43,960 --> 00:33:48,200 Speaker 1: same debate stage. Warren has the show to her is 634 00:33:48,200 --> 00:33:50,800 Speaker 1: gonna shock people. I want to thank Jack Fitzpatrick, my 635 00:33:50,920 --> 00:33:53,920 Speaker 1: big of all star pal, as well as Al Weaver, 636 00:33:54,920 --> 00:33:57,360 Speaker 1: political reporter, National political reporter at the Hill. I have 637 00:33:57,360 --> 00:34:00,360 Speaker 1: a great weekend everybody. Happy birthday to my oldest sister Mara, 638 00:34:01,160 --> 00:34:03,600 Speaker 1: and thanks for listening. Take care. I'm packing for Miami. 639 00:34:03,600 --> 00:34:09,360 Speaker 1: You're listening to Bloomberg. Yeah,