1 00:00:01,760 --> 00:00:06,280 Speaker 1: Now from our nation's capital. This is Bloomberg sound On. 2 00:00:07,280 --> 00:00:08,840 Speaker 1: But let me be very clear to all of you, 3 00:00:09,080 --> 00:00:13,640 Speaker 1: and I'm very clear to the president. He bears responsibilities 4 00:00:13,640 --> 00:00:16,040 Speaker 1: for his words and actions. I've had it with guy. 5 00:00:17,239 --> 00:00:21,280 Speaker 1: What he did is unacceptable. Bloomberg's sound on Politics, policy 6 00:00:21,320 --> 00:00:25,920 Speaker 1: and perspective from DC's top names. Tishers called Marjorie Taylor 7 00:00:25,960 --> 00:00:28,520 Speaker 1: Green to the fans, I was asking people to come 8 00:00:28,640 --> 00:00:32,680 Speaker 1: for a peaceful march. It's absolutely the voters of Georgia 9 00:00:32,760 --> 00:00:34,879 Speaker 1: who have been heard on this. She could wind up 10 00:00:34,920 --> 00:00:38,599 Speaker 1: off the Mount Bloomberg Sound On with Joe Matthew on 11 00:00:38,800 --> 00:00:43,440 Speaker 1: Bloomberg Radio. The Republican leader in the House tries to 12 00:00:43,440 --> 00:00:46,040 Speaker 1: clean up the mess after being caught on tape saying 13 00:00:46,120 --> 00:00:50,199 Speaker 1: he would urge Donald Trump to resign as president. Welcome 14 00:00:50,200 --> 00:00:54,000 Speaker 1: to the fastest hour in politics. Some serious hardball being 15 00:00:54,040 --> 00:00:57,720 Speaker 1: played in Washington. Will let you hear the recordings and 16 00:00:57,760 --> 00:01:00,440 Speaker 1: get analysis from the sound on panel with are without 17 00:01:00,480 --> 00:01:04,080 Speaker 1: the music Bloomberg Politics contributors Jeanie Chanzano and Rick Davis 18 00:01:04,120 --> 00:01:06,800 Speaker 1: or with us. They will also regin on today's testimony 19 00:01:06,840 --> 00:01:10,640 Speaker 1: from Congresswoman Marjorie Taylor Green. There's been no shortage on 20 00:01:10,680 --> 00:01:13,399 Speaker 1: this Friday, Russia trying to cut off Ukraine from the 21 00:01:13,440 --> 00:01:16,360 Speaker 1: Black Sea. We'll talk as well about how the US 22 00:01:16,480 --> 00:01:19,160 Speaker 1: is responding with Bloomberg's bill ferries, and look ahead to 23 00:01:19,240 --> 00:01:22,319 Speaker 1: next week on Capitol Hill. Some important things to prepare 24 00:01:22,360 --> 00:01:26,360 Speaker 1: for with Bloomberg government, Zach Cohen. Just imagine what the 25 00:01:26,400 --> 00:01:31,319 Speaker 1: phone call was like. Kevin McCarthy, minority leader in the House, 26 00:01:32,120 --> 00:01:34,440 Speaker 1: on the line with Donald Trump down at Marrow Lago. 27 00:01:34,560 --> 00:01:38,080 Speaker 1: After the tape played on cable news, A few other 28 00:01:38,120 --> 00:01:41,119 Speaker 1: recordings have emerged since then on other networks, all from 29 00:01:41,120 --> 00:01:44,680 Speaker 1: The New York Times, Jonathan Martin and Alex Burns and 30 00:01:44,760 --> 00:01:48,120 Speaker 1: their forthcoming book This Will Not Pass. Kevin McCarthy talking 31 00:01:48,120 --> 00:01:51,600 Speaker 1: with fellow Republican House members. Imagine the conference call following 32 00:01:51,600 --> 00:01:54,720 Speaker 1: the riot and storming of the Capitol on January six. 33 00:01:54,920 --> 00:01:58,000 Speaker 1: This is the chunk that first emerged. This is less 34 00:01:58,040 --> 00:02:01,520 Speaker 1: than twenty four hours ago. MSNB see McCarthy talking with 35 00:02:01,600 --> 00:02:06,400 Speaker 1: Congresswoman Liz Cheney about Donald Trump and comments that McCarthy's 36 00:02:06,440 --> 00:02:09,920 Speaker 1: office denied that he had said, all right, let's hear it. 37 00:02:10,360 --> 00:02:15,480 Speaker 1: This is what I think. Um, he's a little pass 38 00:02:15,520 --> 00:02:18,000 Speaker 1: the House. I think there's a chance will pass the 39 00:02:18,040 --> 00:02:23,919 Speaker 1: same and even when he's gone. Um, and I think 40 00:02:23,919 --> 00:02:26,840 Speaker 1: there's a lot of different amifications for that. Now. I 41 00:02:26,880 --> 00:02:31,320 Speaker 1: haven't had a discussion the Dems that the GET designed. 42 00:02:31,320 --> 00:02:34,840 Speaker 1: Would it not happened? Now? This is one personal feel 43 00:02:34,919 --> 00:02:37,720 Speaker 1: I have. UM, I do not want to get it 44 00:02:37,760 --> 00:02:41,840 Speaker 1: in any conversation about Penn's party anything I got. I mean, 45 00:02:41,880 --> 00:02:45,359 Speaker 1: the only discussion I would have with him is that 46 00:02:45,560 --> 00:02:47,680 Speaker 1: I think this will pass, and it would be my 47 00:02:47,720 --> 00:02:52,320 Speaker 1: recommendation you should be done. Um. I mean, that would 48 00:02:52,320 --> 00:02:55,760 Speaker 1: be my kid. But I don't think you would take it. 49 00:02:56,600 --> 00:02:59,760 Speaker 1: But I don't know. I don't know. Significant Again, after 50 00:02:59,840 --> 00:03:03,840 Speaker 1: mc hearthy's office denied that the minority leader ever said 51 00:03:03,840 --> 00:03:05,800 Speaker 1: that he would urge the president to resign. But since 52 00:03:05,800 --> 00:03:08,000 Speaker 1: then other recordings have emerged. They kind of rolled out 53 00:03:08,000 --> 00:03:11,519 Speaker 1: throughout the day, like this one from CNN of the 54 00:03:11,360 --> 00:03:13,920 Speaker 1: of the of McCarthy against speaking to members of his 55 00:03:14,080 --> 00:03:18,960 Speaker 1: Republican caucus on the line following January six. Let's listen, 56 00:03:19,720 --> 00:03:22,160 Speaker 1: all right. I know, I know this is not fun, 57 00:03:22,240 --> 00:03:24,360 Speaker 1: I know this is not great, and that this is 58 00:03:24,800 --> 00:03:27,960 Speaker 1: very tough. But what I want to do, especially through here, 59 00:03:28,880 --> 00:03:31,040 Speaker 1: is I don't want to rush things. I want everybody 60 00:03:31,040 --> 00:03:35,760 Speaker 1: to have all the information needed. UM, I've had it 61 00:03:35,840 --> 00:03:41,120 Speaker 1: with this guy. What he did is unacceptable. Um, nobody 62 00:03:41,120 --> 00:03:44,640 Speaker 1: can defend that, and nobody should defend it. I've had 63 00:03:44,680 --> 00:03:48,800 Speaker 1: it with this guyline was splashed across screens today. Jonathan Martin, 64 00:03:48,840 --> 00:03:50,640 Speaker 1: Alex Burne say they have a lot more tape. By 65 00:03:50,680 --> 00:03:52,960 Speaker 1: the way, The Washington Post now, though reporting McCarthy and 66 00:03:52,960 --> 00:03:56,200 Speaker 1: Trump spoke after the audio was released, and the former 67 00:03:56,240 --> 00:04:01,040 Speaker 1: president was not upset with McCarthy. Bloomberg sporting McCarthy has 68 00:04:01,080 --> 00:04:05,080 Speaker 1: been working phones, calling key House Republicans to assure them 69 00:04:05,120 --> 00:04:09,080 Speaker 1: that things are fine with his potential speakership in the balance. Now. 70 00:04:09,160 --> 00:04:12,560 Speaker 1: President Biden ways in unprovoked. He was talking at an 71 00:04:12,560 --> 00:04:15,280 Speaker 1: Earth Day event today in Washington State, and he dropped 72 00:04:15,280 --> 00:04:17,960 Speaker 1: this while describing how few Republicans he was saying would 73 00:04:18,000 --> 00:04:21,599 Speaker 1: vote for climate legislation. Here was President Biden, This ain't 74 00:04:21,600 --> 00:04:25,600 Speaker 1: your father's Republican party. Not not a joke. All you 75 00:04:25,640 --> 00:04:27,520 Speaker 1: gotta do is look what they has been played on 76 00:04:27,680 --> 00:04:34,520 Speaker 1: played this morning about the tape that was released. Anyway, 77 00:04:35,279 --> 00:04:38,880 Speaker 1: you know, but they're all the sign this is a 78 00:04:38,960 --> 00:04:43,279 Speaker 1: mega party now because you know, you got the Center 79 00:04:43,320 --> 00:04:45,760 Speaker 1: from Texas and others. These these guys are a different 80 00:04:45,760 --> 00:04:49,160 Speaker 1: pretty cat. They're not like what I served with for 81 00:04:49,200 --> 00:04:53,640 Speaker 1: so many years. And the people who know better are 82 00:04:53,720 --> 00:04:58,039 Speaker 1: afraid I act correctly because they know they'll be primary 83 00:04:58,440 --> 00:05:00,520 Speaker 1: We need to turn this me It lead to the 84 00:05:00,560 --> 00:05:03,120 Speaker 1: sound on pandel and so we begin with Bloomberg Politics 85 00:05:03,120 --> 00:05:06,839 Speaker 1: contributors Genie Chanzano and Rick Davis. Rick, I want to 86 00:05:06,880 --> 00:05:08,840 Speaker 1: start with you as as one of the key players 87 00:05:08,839 --> 00:05:11,560 Speaker 1: in helping to shape the modern Republican Party. You've run 88 00:05:11,560 --> 00:05:14,000 Speaker 1: a presidential campaign, you worked for years in the Senate, 89 00:05:14,040 --> 00:05:17,279 Speaker 1: as our frequent listeners know, and a Republican White House. 90 00:05:17,839 --> 00:05:22,280 Speaker 1: Are you a different breed of cat than Kevin McCarthy 91 00:05:22,320 --> 00:05:25,200 Speaker 1: and his caucus As any of this going to matter, well, 92 00:05:25,240 --> 00:05:28,160 Speaker 1: I think Biden comments are pretty accurate, which is this 93 00:05:28,279 --> 00:05:31,599 Speaker 1: isn't your father's Republican party. And I guess i'd be 94 00:05:31,680 --> 00:05:34,600 Speaker 1: the father figure that in that category. And so yeah, 95 00:05:34,600 --> 00:05:38,960 Speaker 1: it's different. It's totally different. Uh, constituencies have shifted over 96 00:05:39,000 --> 00:05:42,240 Speaker 1: time and um and leadership has shifted over time, and 97 00:05:42,279 --> 00:05:45,960 Speaker 1: this is a totally different combination of voters who think 98 00:05:45,960 --> 00:05:50,239 Speaker 1: they're Republican and or identify Republican and leaders who represent them. 99 00:05:50,279 --> 00:05:53,520 Speaker 1: So he's right about that. Um, what is unconscionable is 100 00:05:53,560 --> 00:05:57,359 Speaker 1: our leaders have I guess, no guile about telling lies. 101 00:05:57,440 --> 00:05:59,640 Speaker 1: I mean, the thing that I think is most telling 102 00:06:00,200 --> 00:06:04,720 Speaker 1: about this current controversy related to us, uh McCarthy, is 103 00:06:04,800 --> 00:06:07,720 Speaker 1: it one day he completely denies saying what everybody has 104 00:06:07,760 --> 00:06:09,839 Speaker 1: on tape at the time, and then they play the 105 00:06:09,880 --> 00:06:11,960 Speaker 1: tape and and at some point you've got to look 106 00:06:11,960 --> 00:06:14,000 Speaker 1: yourself in the mirror and say, who am I kidding? 107 00:06:14,360 --> 00:06:17,520 Speaker 1: Um to use his phrase, I've really had it with 108 00:06:17,560 --> 00:06:19,640 Speaker 1: this guy. The idea that he wants to be Speaker 109 00:06:19,640 --> 00:06:21,920 Speaker 1: of the House, you know, with this kind of conduct 110 00:06:22,160 --> 00:06:25,160 Speaker 1: is reprehensible. Does this threaten his speakership as long as 111 00:06:25,200 --> 00:06:28,000 Speaker 1: Donald Trump is apparently with him? Well, I think I 112 00:06:28,040 --> 00:06:32,240 Speaker 1: think this threatens his speakership regardless of where Donald Trump 113 00:06:32,320 --> 00:06:35,000 Speaker 1: is or not. I mean, the members are their own 114 00:06:35,320 --> 00:06:37,520 Speaker 1: voting block. Right, Donald Trump doesn't get a vote on this, 115 00:06:37,600 --> 00:06:39,960 Speaker 1: He gets his Sway votes. But a lot of these 116 00:06:39,960 --> 00:06:42,039 Speaker 1: guys are going to be pretty fed up. They a 117 00:06:42,040 --> 00:06:43,880 Speaker 1: lot of them are fed up to begin with. Right, 118 00:06:43,960 --> 00:06:47,880 Speaker 1: that McCarthy has not exhibited true GOP leadership, that he's 119 00:06:48,040 --> 00:06:50,400 Speaker 1: you know, bent on a lot of things. And that 120 00:06:50,520 --> 00:06:53,560 Speaker 1: he hasn't really gotten not much done, and and so 121 00:06:54,000 --> 00:06:56,800 Speaker 1: there's there are questions already in the caucus about his 122 00:06:56,920 --> 00:06:59,080 Speaker 1: leadership and whether or not he's up for the job. 123 00:06:59,400 --> 00:07:01,880 Speaker 1: And this just adds fuel to the fire. And and 124 00:07:02,040 --> 00:07:04,840 Speaker 1: regardless of what Donald Trump says, I think McCarthy is 125 00:07:04,880 --> 00:07:06,400 Speaker 1: gonna have a lot of work that he's got to 126 00:07:06,400 --> 00:07:08,360 Speaker 1: do that he didn't think he had to do if 127 00:07:08,400 --> 00:07:10,120 Speaker 1: he expects to be Speaker of the House. Do you 128 00:07:10,120 --> 00:07:13,440 Speaker 1: have any theories, Rick on on where this came from, 129 00:07:13,480 --> 00:07:16,240 Speaker 1: a lot of people have different motivations. There are staffers 130 00:07:16,280 --> 00:07:20,480 Speaker 1: on these calls. Liz Cheney's office was quick to deny 131 00:07:20,520 --> 00:07:22,840 Speaker 1: any suggestion that they had something to do with it. Yeah, 132 00:07:22,840 --> 00:07:25,720 Speaker 1: I'm glad you mentioned Liz Cheney because what he said 133 00:07:26,040 --> 00:07:29,920 Speaker 1: is exactly why he vilified Liz Cheney for saying exactly 134 00:07:29,960 --> 00:07:33,560 Speaker 1: the things that Kevin McCarthy said. Right, Liz Cheney has 135 00:07:33,600 --> 00:07:37,480 Speaker 1: not ever said one thing that Kevin McCarthy isn't now 136 00:07:37,680 --> 00:07:42,000 Speaker 1: publicly noticed as saying based on these recordings. So so 137 00:07:42,280 --> 00:07:45,040 Speaker 1: she's not fit for leadership, then how is he fit 138 00:07:45,120 --> 00:07:48,559 Speaker 1: for leadership under the same set of rules? So? Uh, yeah, 139 00:07:48,600 --> 00:07:50,760 Speaker 1: I mean, how this gets out. Oh my god, they're 140 00:07:50,800 --> 00:07:53,640 Speaker 1: probably a hundred people on that call, right, I mean, UH, 141 00:07:53,760 --> 00:07:57,520 Speaker 1: staff and members alike. Uh and and everybody at the 142 00:07:57,560 --> 00:07:59,800 Speaker 1: time was in a full meltdown because remember this is 143 00:07:59,800 --> 00:08:03,559 Speaker 1: the day after the insurrection at the Capitol, right, people 144 00:08:03,560 --> 00:08:05,640 Speaker 1: were worried about what was going to happen next. Yeah, 145 00:08:05,840 --> 00:08:09,920 Speaker 1: all these uh guards and police and military on Capitol 146 00:08:10,000 --> 00:08:12,960 Speaker 1: Hill at the time. I mean, it was a scary situation. 147 00:08:12,960 --> 00:08:14,840 Speaker 1: I mean, we we've kind of forgotten about that now, 148 00:08:14,840 --> 00:08:17,480 Speaker 1: but at the time, everybody was on, you know, full alert. 149 00:08:17,560 --> 00:08:20,240 Speaker 1: And so my guess is anybody who could get on 150 00:08:20,280 --> 00:08:22,840 Speaker 1: that call was on that call. So the fact that 151 00:08:22,880 --> 00:08:27,360 Speaker 1: it hasn't come out until now is extraordinary that somebody 152 00:08:27,400 --> 00:08:29,320 Speaker 1: would have had this on tape. And it took these 153 00:08:29,320 --> 00:08:31,680 Speaker 1: two enterprising reporters to dig it up and put it 154 00:08:31,720 --> 00:08:34,559 Speaker 1: into a book. So, uh, kudos to them. Their number 155 00:08:34,559 --> 00:08:36,640 Speaker 1: one on Amazon. There gonna saw a lot of books 156 00:08:36,640 --> 00:08:38,480 Speaker 1: based on this story, and it's not on sale for 157 00:08:38,480 --> 00:08:41,280 Speaker 1: another two weeks or something. We bring in Genie Schanzano 158 00:08:41,360 --> 00:08:43,360 Speaker 1: as part two of our panel of course here on 159 00:08:43,440 --> 00:08:46,360 Speaker 1: sound On Genie, they say they have more. Jonathan Martin 160 00:08:46,360 --> 00:08:48,920 Speaker 1: Alex Burn say a lot more where this came from 161 00:08:49,200 --> 00:08:52,240 Speaker 1: audio recordings that could be damning as we work our 162 00:08:52,280 --> 00:08:54,040 Speaker 1: way through this year or I guess when the book 163 00:08:54,080 --> 00:08:57,080 Speaker 1: comes out. I'm not sure how they plan to sort 164 00:08:57,080 --> 00:09:01,000 Speaker 1: of spoon feed this to the media. But what does 165 00:09:01,080 --> 00:09:04,840 Speaker 1: this mean, you know, for for the midterm elections from 166 00:09:04,840 --> 00:09:08,480 Speaker 1: the Democratic standpoint, I mean they're making commercials for Nancy 167 00:09:08,520 --> 00:09:11,760 Speaker 1: Pelosi right now. Yeah, making commercials as we speak. And 168 00:09:11,800 --> 00:09:14,200 Speaker 1: we always knew Rick Davis was a different breed of cat. 169 00:09:14,280 --> 00:09:16,840 Speaker 1: And you hear him, you hear him talking sense, and 170 00:09:16,920 --> 00:09:19,959 Speaker 1: that's the different breed of cat. Um. You know, they 171 00:09:19,960 --> 00:09:23,240 Speaker 1: are going to keep dropping these as as book sales rise, 172 00:09:23,440 --> 00:09:26,400 Speaker 1: and you know it is stunning. I mean, let's just 173 00:09:26,520 --> 00:09:29,000 Speaker 1: start from one of the basic lessons. When a New 174 00:09:29,040 --> 00:09:31,720 Speaker 1: York Times or any reporter comes to you and says, 175 00:09:31,720 --> 00:09:33,760 Speaker 1: we have an audio of you saying something. Did you 176 00:09:33,840 --> 00:09:36,880 Speaker 1: say it? Maybe don't issue a blanket denial if you're 177 00:09:36,880 --> 00:09:40,160 Speaker 1: not really sure, right, Um, So you know, and this 178 00:09:40,280 --> 00:09:42,240 Speaker 1: is the man who, as Rick was just talking about, 179 00:09:42,440 --> 00:09:45,640 Speaker 1: he will when all likelihood, he will be Speaker of 180 00:09:45,720 --> 00:09:48,080 Speaker 1: the House. And that is not a job for the 181 00:09:48,120 --> 00:09:50,480 Speaker 1: faint of heart, especially in the modern era. It is 182 00:09:50,559 --> 00:09:52,760 Speaker 1: you still feel that way or or you mean, until 183 00:09:52,800 --> 00:09:55,079 Speaker 1: this happened, he was likely speaking. I think he is 184 00:09:55,120 --> 00:09:57,240 Speaker 1: still likely to be Speaker of the House, but my 185 00:09:57,360 --> 00:09:59,679 Speaker 1: guess is it is going to be short lived. I 186 00:09:59,760 --> 00:10:03,120 Speaker 1: think we look for maybe Steve Scalise, maybe Elie Stephonic 187 00:10:03,240 --> 00:10:05,920 Speaker 1: or one of them, and God bless anybody who takes 188 00:10:05,920 --> 00:10:09,920 Speaker 1: that job. Keeping this Republican caucus together is going to 189 00:10:10,080 --> 00:10:14,080 Speaker 1: be a task. And you know, Kevin McCarthy, I think 190 00:10:14,120 --> 00:10:15,400 Speaker 1: he's going to have a lot of I think he 191 00:10:15,480 --> 00:10:17,440 Speaker 1: still will likely be elected. I'll have a lot of 192 00:10:17,559 --> 00:10:19,800 Speaker 1: trouble doing it, and I think it will then get 193 00:10:19,800 --> 00:10:22,440 Speaker 1: turned over very quickly. And that's what's happened in the 194 00:10:22,480 --> 00:10:25,240 Speaker 1: modern era as you look through the most recent Speakers 195 00:10:25,280 --> 00:10:28,480 Speaker 1: of the House, getting these raucous caucuses to stay together, 196 00:10:28,880 --> 00:10:32,000 Speaker 1: especially when they are this big, is very difficult to do. 197 00:10:32,280 --> 00:10:34,600 Speaker 1: He couldn't even get them to follow him on something 198 00:10:34,679 --> 00:10:38,160 Speaker 1: as simple as right after January six, So you can 199 00:10:38,200 --> 00:10:40,920 Speaker 1: imagine where he's headed now. Rick, we get statements from 200 00:10:40,960 --> 00:10:42,840 Speaker 1: Donald Trump when the wind blows. We got one from 201 00:10:42,840 --> 00:10:44,959 Speaker 1: the shutdown of Seeing and plus the other day we 202 00:10:45,040 --> 00:10:48,320 Speaker 1: got one about Piers Morgan. It's been radio silence as 203 00:10:48,320 --> 00:10:51,280 Speaker 1: far as my email can tell me, since this happened, 204 00:10:51,280 --> 00:10:53,520 Speaker 1: how can we haven't heard from Donald Trump? You know, 205 00:10:53,559 --> 00:10:57,320 Speaker 1: it's an interesting question. Usually he'll be rate his target 206 00:10:57,400 --> 00:11:00,240 Speaker 1: and then like, you know, let them off there pit 207 00:11:00,440 --> 00:11:04,120 Speaker 1: once he's gotten the abject apologies in the public domain. 208 00:11:05,920 --> 00:11:08,120 Speaker 1: I think this is probably because there is more to this, 209 00:11:08,400 --> 00:11:11,400 Speaker 1: and I think that that that Trump is actually being 210 00:11:11,400 --> 00:11:17,000 Speaker 1: more cautionary than than than McCarthy was. And uh, believe me, Uh, 211 00:11:17,200 --> 00:11:19,640 Speaker 1: Donald Trump retains the right to throw you under the 212 00:11:19,679 --> 00:11:22,559 Speaker 1: bus at any given moment. He does it all the time. 213 00:11:22,880 --> 00:11:24,480 Speaker 1: But I would say one distinction. I mean, like we 214 00:11:24,520 --> 00:11:26,800 Speaker 1: always talk about like, oh, Donald Trump this and Donald 215 00:11:26,800 --> 00:11:29,720 Speaker 1: Trump that, but this is going to have These comments 216 00:11:29,720 --> 00:11:33,240 Speaker 1: by McCarthy are going to have a impact with voters, 217 00:11:33,320 --> 00:11:35,760 Speaker 1: right Donald Trump, Sure, he has an impact with voters, 218 00:11:35,760 --> 00:11:38,440 Speaker 1: but we know those voters. What we don't know is 219 00:11:38,480 --> 00:11:41,360 Speaker 1: what impact this might have on mid term voters who 220 00:11:41,600 --> 00:11:44,800 Speaker 1: may lose confidence in the GEOP leadership. Another brick in 221 00:11:44,840 --> 00:11:46,720 Speaker 1: the wall here, I guess, a brick in the road 222 00:11:47,480 --> 00:11:50,880 Speaker 1: to the mid terms. Great analysis from Rick Davis and 223 00:11:50,960 --> 00:11:53,720 Speaker 1: Jeanie Schanzano. As I was looking forward to our panel, 224 00:11:53,760 --> 00:11:59,040 Speaker 1: they'll be back as Marjorie Taylor Green testifies, which all 225 00:11:59,120 --> 00:12:01,839 Speaker 1: ties into what we's talking about. Bill Ferries is up next. 226 00:12:02,040 --> 00:12:11,079 Speaker 1: This is Bloomberg. This is Bloomberg sound On on Bloomberg Radio. 227 00:12:13,000 --> 00:12:17,000 Speaker 1: The headline on the terminal Kremlin seeks control of southern Ukraine, 228 00:12:17,160 --> 00:12:20,440 Speaker 1: Russian general says, as we look ahead to what could 229 00:12:20,520 --> 00:12:22,960 Speaker 1: be a pivotal weekend in the war. We are joined 230 00:12:23,080 --> 00:12:26,040 Speaker 1: right now on Bloomberg sound On by Bill Ferries, who 231 00:12:26,080 --> 00:12:29,400 Speaker 1: heads Bloomberg's National security team. And Bill, I know this 232 00:12:29,440 --> 00:12:31,720 Speaker 1: has been a very busy time. I'll point our listeners 233 00:12:31,720 --> 00:12:34,080 Speaker 1: to the Ukraine update that you can find on the Terminal, 234 00:12:34,120 --> 00:12:37,400 Speaker 1: which is constantly evolving throughout the day, and it's been 235 00:12:37,440 --> 00:12:40,880 Speaker 1: an indispensable resource for all of us. So great job 236 00:12:40,920 --> 00:12:42,800 Speaker 1: on that, Bill, and thank you for joining us here. 237 00:12:42,840 --> 00:12:46,800 Speaker 1: It looks like the strategy here has shifted quite a 238 00:12:46,800 --> 00:12:49,400 Speaker 1: bit over the past couple of weeks, after the Russian 239 00:12:49,480 --> 00:12:54,080 Speaker 1: army stopped down and regrouped, spent some time shaping. As 240 00:12:54,120 --> 00:12:56,760 Speaker 1: the Pentagon likes to say, it's been to the east 241 00:12:56,840 --> 00:13:00,600 Speaker 1: and the south. What exactly is Russia trying to do here? 242 00:13:00,520 --> 00:13:04,240 Speaker 1: Are are they in fact narrowing their goals? I think 243 00:13:04,679 --> 00:13:08,520 Speaker 1: they certainly are after effectively getting stymied in their attempts 244 00:13:08,520 --> 00:13:12,360 Speaker 1: to really rush into Ukraine at the beginning of the 245 00:13:12,360 --> 00:13:14,560 Speaker 1: war and try to take Kiev and try to take 246 00:13:14,600 --> 00:13:17,120 Speaker 1: some of the bigger cities, and they really found that 247 00:13:17,120 --> 00:13:20,600 Speaker 1: that style of urban warfare was not going to work 248 00:13:20,640 --> 00:13:24,559 Speaker 1: effectively in a country as large as Ukraine. So they've 249 00:13:24,640 --> 00:13:26,760 Speaker 1: you know, they've pulled back a lot of their forces, 250 00:13:26,840 --> 00:13:30,800 Speaker 1: they started shifting them east. They've had to rebuild many 251 00:13:30,840 --> 00:13:33,599 Speaker 1: of their battle units and uh and they seem to 252 00:13:33,679 --> 00:13:37,480 Speaker 1: be focusing really on the much more of the coastal area, 253 00:13:37,559 --> 00:13:41,160 Speaker 1: the east and the south of Ukraine. We've seen them 254 00:13:41,200 --> 00:13:45,440 Speaker 1: consolidate some gains in Mario pol Um. It sounds like 255 00:13:45,520 --> 00:13:48,960 Speaker 1: there's still there's still some fighters there, but they have 256 00:13:49,280 --> 00:13:52,000 Speaker 1: the Russian forces have the city surrounded, and I think 257 00:13:52,000 --> 00:13:56,760 Speaker 1: they want to try to effectively make Ukraine a landlocked country. Well, 258 00:13:56,760 --> 00:13:59,679 Speaker 1: that's interesting that this major general who you're writing about 259 00:14:00,200 --> 00:14:03,240 Speaker 1: suggesting that they want to seek control of southern Ukraine. 260 00:14:03,280 --> 00:14:07,240 Speaker 1: That's exactly right now, connecting the dots to cut off 261 00:14:07,520 --> 00:14:09,640 Speaker 1: Ukraine from the Black Sea. Is that the goal now, 262 00:14:10,720 --> 00:14:13,559 Speaker 1: it really is. It would it would really make Ukraine 263 00:14:13,640 --> 00:14:16,040 Speaker 1: more of a kind of a rough date. It would 264 00:14:16,040 --> 00:14:19,280 Speaker 1: take a significant amount of territory away from it. You know, 265 00:14:19,320 --> 00:14:23,680 Speaker 1: they've had those two separatist regions battling the Ukrainian government 266 00:14:23,680 --> 00:14:27,440 Speaker 1: since UH, and I think Russia would like to see 267 00:14:27,440 --> 00:14:31,280 Speaker 1: those areas grown a bit connected. And if you if 268 00:14:31,280 --> 00:14:34,240 Speaker 1: you make Ukraine landlocked, you make it you know, you 269 00:14:34,240 --> 00:14:37,040 Speaker 1: you cut it off to some degree from the rest 270 00:14:37,080 --> 00:14:40,080 Speaker 1: of the world. It could still trade across its land 271 00:14:40,080 --> 00:14:43,040 Speaker 1: borders and things like that, but it does lose a 272 00:14:43,080 --> 00:14:46,040 Speaker 1: connection to the world that it's it's had that that's 273 00:14:46,040 --> 00:14:50,320 Speaker 1: helped make it UH successful and independence. Considering what we've 274 00:14:50,320 --> 00:14:53,320 Speaker 1: seen in terms of just failures on the part of 275 00:14:53,360 --> 00:14:57,840 Speaker 1: the Russian military, some are suggesting that these narrowing goals 276 00:14:57,840 --> 00:15:01,200 Speaker 1: here by the Russian military would indicate that once Russia 277 00:15:01,240 --> 00:15:04,040 Speaker 1: can control the Dune Boss and the southern coast, which 278 00:15:04,080 --> 00:15:07,000 Speaker 1: appears to be within Russia's grasp, and you can correct 279 00:15:07,040 --> 00:15:10,600 Speaker 1: me if I'm wrong, that that might actually indicate the 280 00:15:10,720 --> 00:15:12,920 Speaker 1: end of this campaign. Knowing that May nine is an 281 00:15:12,920 --> 00:15:15,560 Speaker 1: important holiday for Russia, is there any chance that that's 282 00:15:15,640 --> 00:15:17,680 Speaker 1: done by then and that's the end of this war. 283 00:15:18,480 --> 00:15:20,000 Speaker 1: I don't know if it would be the end of 284 00:15:20,000 --> 00:15:21,600 Speaker 1: the war. I mean when you you know, when you 285 00:15:21,640 --> 00:15:25,080 Speaker 1: talk with Ukrainians, they'll they'll say, listen, you know, from 286 00:15:25,120 --> 00:15:29,160 Speaker 1: from two thousand and fourteen, when Russia sees Crimea. Up 287 00:15:29,240 --> 00:15:31,480 Speaker 1: till the start of this war, there was an active 288 00:15:31,520 --> 00:15:34,920 Speaker 1: conflict going on in the east, in the east the 289 00:15:34,960 --> 00:15:38,440 Speaker 1: country with these separatist areas. So you could have a 290 00:15:38,480 --> 00:15:42,680 Speaker 1: situation where on May nine, Vladimir Putin is able to 291 00:15:42,680 --> 00:15:46,040 Speaker 1: give a speech saying that, uh, you know, Russian forces 292 00:15:46,080 --> 00:15:49,280 Speaker 1: have taken over more territory, or taken more cities, or 293 00:15:50,040 --> 00:15:52,640 Speaker 1: even he might say they've accomplished their goal if it 294 00:15:52,680 --> 00:15:55,600 Speaker 1: gets that far. But I don't think that means the 295 00:15:55,680 --> 00:15:57,880 Speaker 1: end of the conflict because I think if if that's 296 00:15:57,920 --> 00:16:00,480 Speaker 1: where we are at that point, uh, I think you'll 297 00:16:00,520 --> 00:16:05,280 Speaker 1: continue to see the NATO allies pouring weapons into the country. 298 00:16:05,320 --> 00:16:08,880 Speaker 1: I think you'll continue to see a battle along the 299 00:16:09,000 --> 00:16:11,880 Speaker 1: front there um sim moord of what we've been seeing, 300 00:16:11,880 --> 00:16:14,760 Speaker 1: you know, what we saw prior to this conflict, starting 301 00:16:14,840 --> 00:16:18,760 Speaker 1: with with places like the Don bas Um. Ever since 302 00:16:19,920 --> 00:16:23,120 Speaker 1: General Mark Kimmitt retired. General Kimmitt was on the broadcast 303 00:16:23,200 --> 00:16:26,080 Speaker 1: a couple of days ago and suggested that once Mariopol 304 00:16:26,200 --> 00:16:30,840 Speaker 1: falls Assuming that that does happen, the Ukrainian military gets 305 00:16:30,880 --> 00:16:33,000 Speaker 1: back to doing what it does best, and that's conducting 306 00:16:33,080 --> 00:16:37,560 Speaker 1: sort of guerrilla operations as opposed to a real army 307 00:16:37,600 --> 00:16:40,440 Speaker 1: to army fight. Is that in fact an upper hand 308 00:16:40,440 --> 00:16:42,640 Speaker 1: at that point, As kounter intuitive as it sounds, once 309 00:16:42,720 --> 00:16:47,760 Speaker 1: Mariuble falls, Ukraine gains the upper hand over the Russian military. Well, 310 00:16:47,960 --> 00:16:52,000 Speaker 1: I I'm not a military strategist myself. Um, I do think, 311 00:16:52,400 --> 00:16:56,080 Speaker 1: you know, Ukraine has had its more elite forces in 312 00:16:56,160 --> 00:16:59,160 Speaker 1: the east, and so some of those troops have I 313 00:16:59,160 --> 00:17:01,840 Speaker 1: think are still hold up in Mario pol So their 314 00:17:01,880 --> 00:17:06,439 Speaker 1: fate remains uncertain. Um, And I think, uh, there's you know, 315 00:17:06,480 --> 00:17:09,040 Speaker 1: the next I think the next twist, the turn of 316 00:17:09,080 --> 00:17:13,000 Speaker 1: the screw here would be Russian forces perhaps looking further 317 00:17:13,080 --> 00:17:17,840 Speaker 1: south towards Odessa, which is Ukraine's biggest port there. And 318 00:17:17,880 --> 00:17:21,160 Speaker 1: if if they decide to try to go for Odessa, 319 00:17:21,320 --> 00:17:24,480 Speaker 1: that would be another urban battle that the Ukrainians have 320 00:17:24,560 --> 00:17:27,240 Speaker 1: done well in. But it would also be kind of 321 00:17:27,280 --> 00:17:30,199 Speaker 1: a last stand in many uh, in many senses, because 322 00:17:30,240 --> 00:17:35,199 Speaker 1: that's that's a city the Ukrainians really can't afford. Blues 323 00:17:35,800 --> 00:17:37,800 Speaker 1: Bill Ferris, President Biden says he's going to make a 324 00:17:37,800 --> 00:17:41,880 Speaker 1: big request to Congress more money for military aid next week. 325 00:17:41,920 --> 00:17:45,359 Speaker 1: Do we have any sense how big that request might be. Well, 326 00:17:45,400 --> 00:17:49,640 Speaker 1: we've seen, you know, multiple packages of billion dollars um 327 00:17:49,840 --> 00:17:53,760 Speaker 1: getting announced in recent weeks. I would be surprised if 328 00:17:53,800 --> 00:17:57,120 Speaker 1: it's not something in the billions of dollars. Uh. And 329 00:17:57,400 --> 00:18:00,240 Speaker 1: Speaker Nancy Pelosias said she's going to you know, ask 330 00:18:00,280 --> 00:18:03,240 Speaker 1: track any package that comes. I think we'll be getting 331 00:18:03,240 --> 00:18:06,600 Speaker 1: more information about that early next week. Bill Ferries runs 332 00:18:06,600 --> 00:18:09,360 Speaker 1: our national security team here at Bloomberg News, and it's 333 00:18:09,359 --> 00:18:11,840 Speaker 1: been a very busy team, as you might suspect these 334 00:18:11,840 --> 00:18:14,480 Speaker 1: past weeks. Bill, thanks so much for your insights today. 335 00:18:14,800 --> 00:18:17,640 Speaker 1: Thanks for having me. Joe. Coming up, we'll talk more 336 00:18:17,680 --> 00:18:21,560 Speaker 1: about the president's big ask to Congress next week, is 337 00:18:21,640 --> 00:18:25,200 Speaker 1: any number too big? And a few other important things 338 00:18:25,240 --> 00:18:28,240 Speaker 1: to prepare for as lawmakers returned to the capital. Will 339 00:18:28,680 --> 00:18:32,399 Speaker 1: discuss with Bloomberg Government Zach Cohen. Later. Congresswoman Marjorie Taylor 340 00:18:32,440 --> 00:18:36,720 Speaker 1: Green testifying in court today about the January six attack 341 00:18:36,800 --> 00:18:41,359 Speaker 1: on the Capitol. Some remarkable questions and answers and non answers. 342 00:18:41,680 --> 00:18:44,520 Speaker 1: We're listening so you don't have to and we'll reassemble 343 00:18:44,560 --> 00:18:47,040 Speaker 1: the panel to discuss later. Stay with us on the 344 00:18:47,080 --> 00:18:50,399 Speaker 1: fastest hour in politics. We'll check markets next time. Joe Matthew, 345 00:18:50,480 --> 00:18:55,440 Speaker 1: this is Bloomberg. We spoke yesterday around this time about 346 00:18:55,480 --> 00:18:59,600 Speaker 1: President Biden's latest shipment of heavy artillery to Ukraine. He 347 00:18:59,640 --> 00:19:03,720 Speaker 1: announce this eight hundred million dollars shipman, big shopping spree, 348 00:19:03,880 --> 00:19:08,960 Speaker 1: all the big stuff, the howarzer's, the javelins, the artillery shells, 349 00:19:09,000 --> 00:19:11,840 Speaker 1: everything going over. But he says he's well, he's drawn 350 00:19:11,920 --> 00:19:16,200 Speaker 1: down essentially all the money already that Congress has set aside. 351 00:19:16,200 --> 00:19:18,600 Speaker 1: So we have to go back around and and allocate 352 00:19:18,640 --> 00:19:21,480 Speaker 1: more money if we're gonna keep sending weapons to Ukraine. 353 00:19:21,480 --> 00:19:23,720 Speaker 1: And as he said, he wants to do this in 354 00:19:23,840 --> 00:19:27,119 Speaker 1: uninterrupted fashion. Listen to President Biden at the White House 355 00:19:27,200 --> 00:19:30,960 Speaker 1: here from yesterday. I've almost exhausted the draw down authority. 356 00:19:31,000 --> 00:19:34,640 Speaker 1: I have the Congress authorized for Ukraine and a bipartisan 357 00:19:34,720 --> 00:19:39,080 Speaker 1: spending bill last month. In order to sustain Ukraine for 358 00:19:39,119 --> 00:19:41,639 Speaker 1: the duration of this fight. Next week, I'm going to 359 00:19:41,800 --> 00:19:44,480 Speaker 1: have to be sending to Congress a supplemental budget request 360 00:19:44,920 --> 00:19:48,960 Speaker 1: to keep weapons and ammunition flowing without interruption. The old 361 00:19:49,000 --> 00:19:54,320 Speaker 1: supplemental and without interruption. As I read from Bloomberg Government 362 00:19:55,720 --> 00:19:58,359 Speaker 1: and talking to Steenny Hoyer, of course, the majority leader 363 00:19:58,400 --> 00:19:59,920 Speaker 1: in the House. He says they'll vote next week on 364 00:20:00,040 --> 00:20:02,560 Speaker 1: bill that would make it easier to send Ukraine defense systems. 365 00:20:03,280 --> 00:20:08,760 Speaker 1: Titled the Ukraine Democracy Defense Lend Lease Act. It temporarily 366 00:20:08,800 --> 00:20:12,119 Speaker 1: waives certain requirements for lending defense items. It's like the 367 00:20:12,119 --> 00:20:14,399 Speaker 1: one that we were using with the Europeans and our 368 00:20:14,440 --> 00:20:16,480 Speaker 1: allies in World War Two. The Senate passed it by 369 00:20:16,640 --> 00:20:20,160 Speaker 1: voice vote. I should say on April six. How much 370 00:20:20,240 --> 00:20:23,879 Speaker 1: this request is going to be, however, remains a question. 371 00:20:23,920 --> 00:20:25,879 Speaker 1: As we were just discussing a short time ago with 372 00:20:25,920 --> 00:20:29,600 Speaker 1: Bill Ferries. It's a pleasure to bring in another voice 373 00:20:29,600 --> 00:20:33,720 Speaker 1: from Bloomberg on this, Zach Hohen with Bloomberg Government Congressional reporters. Zach, 374 00:20:33,760 --> 00:20:36,920 Speaker 1: thanks for being here. Uh we're hearing in the billions. 375 00:20:37,000 --> 00:20:39,560 Speaker 1: Is that about all we know about this request from 376 00:20:39,560 --> 00:20:42,320 Speaker 1: the White House that's looming. We don't really know the 377 00:20:42,640 --> 00:20:45,840 Speaker 1: top line yet. Congress had previously signed off on thirteen 378 00:20:45,840 --> 00:20:50,119 Speaker 1: point six billion dollars I think roughly split between military 379 00:20:50,160 --> 00:20:53,400 Speaker 1: aid weapons um and the other half being for humanitarian 380 00:20:53,760 --> 00:20:56,320 Speaker 1: aid and as you mentioned, you know, the by administration 381 00:20:56,440 --> 00:20:59,040 Speaker 1: saying they've basically spent all that money in the months 382 00:20:59,080 --> 00:21:01,440 Speaker 1: since it was approved UM, and there's by parts and 383 00:21:01,520 --> 00:21:04,520 Speaker 1: interest in making sure that UM Congress can sign off 384 00:21:04,560 --> 00:21:06,879 Speaker 1: on more of those funds. I think the congressional schedule 385 00:21:06,920 --> 00:21:09,760 Speaker 1: gets a little interesting, right because they haven't actually said 386 00:21:09,920 --> 00:21:12,560 Speaker 1: they haven't sent the request over to the Hill for 387 00:21:12,600 --> 00:21:14,440 Speaker 1: how much money they're going to need. And the House 388 00:21:14,520 --> 00:21:16,320 Speaker 1: is only supposed to be in for a week next 389 00:21:16,359 --> 00:21:18,800 Speaker 1: week and before they go on recess again, and so 390 00:21:18,840 --> 00:21:21,160 Speaker 1: that'll be worth watching. We'll see how quickly the House 391 00:21:21,200 --> 00:21:24,639 Speaker 1: can take up this request. We know they're motivated. I 392 00:21:24,720 --> 00:21:27,480 Speaker 1: just how does this intersect or how would it intersect 393 00:21:27,520 --> 00:21:29,960 Speaker 1: with the len Lease Act. Does one allocate money and 394 00:21:30,000 --> 00:21:33,200 Speaker 1: the other or one earmark money if that's for lack 395 00:21:33,240 --> 00:21:36,040 Speaker 1: of a better term, in the other uh sort of 396 00:21:36,080 --> 00:21:39,440 Speaker 1: dictate how it is spent. The len Lease Act, I 397 00:21:39,480 --> 00:21:41,359 Speaker 1: think is more of an authorization is opposed to actually 398 00:21:41,359 --> 00:21:43,720 Speaker 1: spending more money. It's similar to what the United States 399 00:21:43,720 --> 00:21:47,480 Speaker 1: did during World War Two, and it basically loaned weapons 400 00:21:47,480 --> 00:21:50,680 Speaker 1: to the United Kingdom in order to fight the Nazis 401 00:21:51,000 --> 00:21:53,320 Speaker 1: in those would be weapons that we already own that 402 00:21:53,320 --> 00:21:56,080 Speaker 1: would be as opposed to buying new stuff for Ukraine. 403 00:21:56,680 --> 00:21:58,879 Speaker 1: That would be my understanding, whereas this you know, spending 404 00:21:58,880 --> 00:22:00,880 Speaker 1: bill would be to actually the money out the door 405 00:22:00,920 --> 00:22:02,560 Speaker 1: in order to buy the stuff that would then be 406 00:22:03,200 --> 00:22:05,480 Speaker 1: need to be sent over exactly. Is it a matter 407 00:22:05,680 --> 00:22:08,920 Speaker 1: of just getting enough cash billions or whatever to keep 408 00:22:08,920 --> 00:22:11,280 Speaker 1: that uninterrupted flow or would there be some sort of 409 00:22:11,359 --> 00:22:13,879 Speaker 1: language in the bill. Uh if if we even know 410 00:22:13,960 --> 00:22:17,560 Speaker 1: this ZAC, that would that would suggest almost a retainer, 411 00:22:17,640 --> 00:22:20,040 Speaker 1: like a rotating payment that would be going to Ukraine. 412 00:22:20,840 --> 00:22:22,520 Speaker 1: I don't think we're sure yet, and so I think 413 00:22:22,560 --> 00:22:24,560 Speaker 1: that's what we're all sort of waiting with bated breath. 414 00:22:24,600 --> 00:22:27,240 Speaker 1: And so that's why I think lawmakers are particularly interested 415 00:22:27,280 --> 00:22:29,880 Speaker 1: in seeing what the actual request is from the White House. 416 00:22:30,200 --> 00:22:32,159 Speaker 1: Um that we need to get sent over before they can, 417 00:22:32,200 --> 00:22:34,199 Speaker 1: you know, then turn it into the legislative text that 418 00:22:34,240 --> 00:22:36,959 Speaker 1: then could be taken up by both the House and Senate. Right. 419 00:22:37,000 --> 00:22:39,280 Speaker 1: I think the hopes get it whatever it is across 420 00:22:39,280 --> 00:22:42,399 Speaker 1: the finish line very quickly. So this goes to the 421 00:22:42,480 --> 00:22:45,840 Speaker 1: Rules committee next week. Uh is there time you mentioned 422 00:22:46,119 --> 00:22:48,679 Speaker 1: the calendar here? I mean I realized that lawmakers are 423 00:22:48,680 --> 00:22:51,120 Speaker 1: passionate about this but I mean they'll have what four 424 00:22:51,200 --> 00:22:53,879 Speaker 1: days to make all that happen, that's right. So at 425 00:22:53,920 --> 00:22:56,560 Speaker 1: least on the led Lease bill UM, they have already 426 00:22:56,600 --> 00:22:58,399 Speaker 1: said that they planned to bring it up to the 427 00:22:58,400 --> 00:23:01,080 Speaker 1: House Rules Committee that would basically allow them to bring 428 00:23:01,080 --> 00:23:03,200 Speaker 1: it up for a vote without requiring the two thirds 429 00:23:03,240 --> 00:23:06,000 Speaker 1: majority necessary under what's called the suspension of the rules. 430 00:23:06,040 --> 00:23:08,880 Speaker 1: Basically just make sure that nothing gets out of hand 431 00:23:08,880 --> 00:23:11,800 Speaker 1: and they can pass this, this len Lease bill before 432 00:23:11,840 --> 00:23:14,359 Speaker 1: they do leave for the recess. And so that should 433 00:23:14,359 --> 00:23:15,920 Speaker 1: be taken up some time in the back half of 434 00:23:15,960 --> 00:23:17,639 Speaker 1: the week and the front half of the week, I 435 00:23:17,640 --> 00:23:20,120 Speaker 1: expect to hear more about the spending bill and how 436 00:23:20,200 --> 00:23:22,920 Speaker 1: large it is and potentially what it gets tied in with. 437 00:23:22,960 --> 00:23:25,160 Speaker 1: There's some other matters that lawmakers want to get done, 438 00:23:25,200 --> 00:23:29,800 Speaker 1: like more COVID aid, especially for the global vaccination efforts, 439 00:23:29,840 --> 00:23:31,920 Speaker 1: so that's worth watching as well. Is that going anywhere? 440 00:23:31,960 --> 00:23:33,880 Speaker 1: I mean, now that the mass mandate is down as well, 441 00:23:33,960 --> 00:23:36,480 Speaker 1: my got it. I just imagine that this complicates the 442 00:23:36,520 --> 00:23:39,399 Speaker 1: debate even more. Were they anywhere near a deal on 443 00:23:39,560 --> 00:23:43,240 Speaker 1: COVID funding. I think the big issue is UM. I 444 00:23:43,240 --> 00:23:45,600 Speaker 1: think it was about ten billion dollars that was dropped 445 00:23:45,600 --> 00:23:50,280 Speaker 1: out of sort of acent deal for vaccines across the world, 446 00:23:50,280 --> 00:23:52,320 Speaker 1: not in the United States, which obviously has plenty of 447 00:23:52,400 --> 00:23:55,080 Speaker 1: vaccines to go around, um, but they couldn't find the 448 00:23:55,119 --> 00:23:56,760 Speaker 1: pay for us to speak, you know, the money to 449 00:23:56,800 --> 00:24:00,480 Speaker 1: actually pay for all these vaccines for third world countries. 450 00:24:00,760 --> 00:24:02,920 Speaker 1: And so that's something that again has sort of by 451 00:24:03,000 --> 00:24:05,600 Speaker 1: partners in interest, um, but it just had to be 452 00:24:05,600 --> 00:24:08,240 Speaker 1: paid for and so that maybe they tie in that 453 00:24:08,400 --> 00:24:12,399 Speaker 1: funding that's sort of has fallen off into a broader 454 00:24:12,440 --> 00:24:15,359 Speaker 1: package that deals with Ukraine as well and with the 455 00:24:15,680 --> 00:24:18,000 Speaker 1: rest of the COVID they were looking for to help 456 00:24:18,040 --> 00:24:20,440 Speaker 1: pay for things like therapeutics, which is something that the 457 00:24:20,480 --> 00:24:23,720 Speaker 1: By administration is looking at expanding next week. Are our 458 00:24:23,720 --> 00:24:26,520 Speaker 1: colleagues have reported, well, that would be a big deal, 459 00:24:26,560 --> 00:24:28,880 Speaker 1: suggesting earlier as well that this stuff was gonna start 460 00:24:28,920 --> 00:24:31,440 Speaker 1: running out if they didn't get more money. Zach Cohen 461 00:24:31,560 --> 00:24:34,280 Speaker 1: is helping you sound smart at the cocktail parties this 462 00:24:34,320 --> 00:24:38,000 Speaker 1: weekend with one more important items Act that hasn't gotten 463 00:24:38,000 --> 00:24:40,720 Speaker 1: a lot of attention, and that is votes on a 464 00:24:40,720 --> 00:24:45,119 Speaker 1: couple of important FED nominees. Layal brainerd Lisa Cook have 465 00:24:45,200 --> 00:24:48,280 Speaker 1: their week next week. That's right, they're going to come 466 00:24:48,359 --> 00:24:50,560 Speaker 1: up for procedural votes earlier next week, as soon as 467 00:24:50,640 --> 00:24:53,600 Speaker 1: Monday for one of them. And these are obviously the 468 00:24:53,600 --> 00:24:56,520 Speaker 1: nominees to the Federal Reserve Board of Governors, basically the 469 00:24:56,520 --> 00:24:58,439 Speaker 1: folks that you know drive the interest rates, as all 470 00:24:58,440 --> 00:25:01,040 Speaker 1: of our listeners now, um. And so those folks have 471 00:25:01,119 --> 00:25:04,360 Speaker 1: been tied up for a while as Republicans were protesting 472 00:25:04,400 --> 00:25:08,520 Speaker 1: the nomination of Sarah Bloom Raskin Um, whose nomination was 473 00:25:08,560 --> 00:25:11,040 Speaker 1: eventually pulled because of the sort of bipartisan opposition to 474 00:25:11,080 --> 00:25:13,960 Speaker 1: her nomination. And now that that's been cleared, you've got 475 00:25:13,960 --> 00:25:16,960 Speaker 1: these four other nominees, including Chairman Drew and Powell, that 476 00:25:17,000 --> 00:25:18,960 Speaker 1: are working their way through the Senate floor, and we 477 00:25:19,040 --> 00:25:21,000 Speaker 1: expect that to happen over the next couple of weeks 478 00:25:21,080 --> 00:25:23,680 Speaker 1: now that they've sort of started this process of um 479 00:25:24,040 --> 00:25:26,439 Speaker 1: limiting debate on those nominations, and they could be confirmed 480 00:25:26,440 --> 00:25:27,840 Speaker 1: as soon as this week, and that would be a 481 00:25:27,920 --> 00:25:30,359 Speaker 1: very big deal obviously for the Federal Reserve, for the 482 00:25:30,520 --> 00:25:33,160 Speaker 1: for the economy. If this has just been absurd how 483 00:25:33,160 --> 00:25:35,639 Speaker 1: long this particular one is dragged out here, um, But 484 00:25:35,720 --> 00:25:38,040 Speaker 1: then we'll have to work on finishing the whole Sarah 485 00:25:38,080 --> 00:25:42,520 Speaker 1: bloom Raskin story with another nomination to follow. All right, 486 00:25:42,560 --> 00:25:45,040 Speaker 1: so you're prepared, you know, let everyone know that Zach 487 00:25:45,080 --> 00:25:47,600 Speaker 1: Cohen sent you. I appreciate the times. Zach Bloomberg Government 488 00:25:47,640 --> 00:25:50,920 Speaker 1: Congress reporter. He hangs out in the pantry with our colleagues, 489 00:25:50,960 --> 00:25:56,600 Speaker 1: Emily Wilkins and of course Jack Fitzpatrick Bloomberg Government up 490 00:25:56,640 --> 00:25:59,120 Speaker 1: on K Street. Will reassemble the panel next. You gotta 491 00:25:59,119 --> 00:26:01,360 Speaker 1: hear what Marjorie Taylor Green and what the lawyers were 492 00:26:01,359 --> 00:26:04,960 Speaker 1: saying a wild day in court. I'm Joe Matthew. This 493 00:26:05,160 --> 00:26:11,240 Speaker 1: is Bloomberg. You're listening to Bloomberg Sound On with Joe 494 00:26:11,280 --> 00:26:17,280 Speaker 1: Matthew on Bloomberg Radio. Bloomberg Law gets right to it 495 00:26:17,920 --> 00:26:22,800 Speaker 1: with the Marjorie Taylor Green testimony today. Taylor Green hearing 496 00:26:22,920 --> 00:26:27,400 Speaker 1: long on theatric short on answers. The headline from John Holland, 497 00:26:29,800 --> 00:26:32,000 Speaker 1: who writes more than three hours into a hearing into 498 00:26:32,000 --> 00:26:35,960 Speaker 1: whether Representative Marjorie's Tayler Green supported an insurrection. An attorney 499 00:26:36,040 --> 00:26:41,200 Speaker 1: representing Georgia voters seeking to block her from reelection played 500 00:26:41,200 --> 00:26:45,400 Speaker 1: a scene from Independence Day, the twenty five year old 501 00:26:45,440 --> 00:26:50,400 Speaker 1: movie about aliens attacking Washington. Yeah, this was something to see. 502 00:26:50,800 --> 00:26:53,600 Speaker 1: There's quite a performance all the way around the hearing, 503 00:26:53,600 --> 00:26:56,080 Speaker 1: based on a complaint by Georgia voters. We talked about 504 00:26:56,119 --> 00:26:57,879 Speaker 1: this little earlier in the week, if you're just catching 505 00:26:57,960 --> 00:27:02,600 Speaker 1: up here. They argued the eighth Amendment, which prohibited those 506 00:27:02,600 --> 00:27:04,680 Speaker 1: who fought against the U S during the Civil War 507 00:27:04,720 --> 00:27:08,119 Speaker 1: from holding office, applies to any member of Congress who 508 00:27:08,200 --> 00:27:11,240 Speaker 1: supported the January six assault. So you can imagine the 509 00:27:11,280 --> 00:27:15,679 Speaker 1: line of questioning. We saw tweets, we saw videos, we 510 00:27:15,800 --> 00:27:19,199 Speaker 1: saw quotes put up on the screen in front of 511 00:27:19,200 --> 00:27:22,800 Speaker 1: the room. Attorney Andrew Sally says he wanted to show 512 00:27:22,840 --> 00:27:29,000 Speaker 1: Green supported the insurrection here, so just for a taste. 513 00:27:29,040 --> 00:27:34,320 Speaker 1: As I also look at the Washington Post h also 514 00:27:34,440 --> 00:27:39,560 Speaker 1: very accurate reporting in that very few questions were answered 515 00:27:40,040 --> 00:27:44,000 Speaker 1: dozens of times during Friday's hearing. The Post right screen 516 00:27:44,080 --> 00:27:47,600 Speaker 1: could not recall her tweets or statements related to the attack. 517 00:27:48,040 --> 00:27:51,000 Speaker 1: It seemed as if she could hardly remember what happened 518 00:27:51,080 --> 00:27:54,680 Speaker 1: on January six, other than the work they were doing 519 00:27:54,680 --> 00:27:58,760 Speaker 1: at the time. As she kept saying to object, here's 520 00:27:58,800 --> 00:28:00,360 Speaker 1: just just a little bit of a tap east. You're 521 00:28:00,359 --> 00:28:03,480 Speaker 1: the back and forth. As the attorney again, Andrew Selly 522 00:28:03,520 --> 00:28:06,040 Speaker 1: is asking about whether she spoke with other members of 523 00:28:06,119 --> 00:28:10,119 Speaker 1: government about this big looming as we heard protest that 524 00:28:10,240 --> 00:28:14,639 Speaker 1: was coming to Washington. He spoke to Representative Bigs or 525 00:28:14,720 --> 00:28:17,840 Speaker 1: his staff about that fact, didn't you? I do not remember. 526 00:28:18,359 --> 00:28:23,720 Speaker 1: How about Representative go Sar, Sorry, I don't remember. Did 527 00:28:23,720 --> 00:28:25,480 Speaker 1: you talk to people at the White House about the 528 00:28:25,520 --> 00:28:27,760 Speaker 1: fact that we're going to be large demonstrations and on 529 00:28:27,880 --> 00:28:33,520 Speaker 1: January six in Washington? I don't remember. Prior to January six, 530 00:28:33,600 --> 00:28:38,080 Speaker 1: Representative Green, did anyone ever mention to you the possibility 531 00:28:38,120 --> 00:28:43,280 Speaker 1: that there might be violence in Washington on January six? One? 532 00:28:43,760 --> 00:28:49,360 Speaker 1: I don't remember remember. Also said she did not remember 533 00:28:49,360 --> 00:28:52,200 Speaker 1: if she urged the president to impose martial law to 534 00:28:52,280 --> 00:28:56,480 Speaker 1: stay in power ahead of January six. As I mentioned, 535 00:28:56,560 --> 00:28:59,840 Speaker 1: this included a video of several actually videos, all of 536 00:29:00,000 --> 00:29:04,080 Speaker 1: which UH Marjorie Taylor Green pointed out were edited and 537 00:29:04,120 --> 00:29:08,000 Speaker 1: therefore suggested they were not accurate. Uh. In one case, 538 00:29:08,160 --> 00:29:11,360 Speaker 1: it was this sort of call to action if you will, 539 00:29:11,400 --> 00:29:13,400 Speaker 1: And this is back when she had a Twitter account 540 00:29:13,440 --> 00:29:17,360 Speaker 1: that sits I realized been deleted and and made this 541 00:29:17,440 --> 00:29:20,040 Speaker 1: particular call to action saying that you know, we will 542 00:29:20,040 --> 00:29:25,520 Speaker 1: not go quietly into the night, and that apparently came 543 00:29:25,560 --> 00:29:29,000 Speaker 1: from a movie. You recognize here again as attorney Andrew Selli. 544 00:29:29,800 --> 00:29:32,040 Speaker 1: The last thing you say in the video is we 545 00:29:32,120 --> 00:29:34,480 Speaker 1: are the people that are going to go quietly into 546 00:29:34,520 --> 00:29:39,640 Speaker 1: the night? Were called out part? Yes, that phrase, we 547 00:29:39,720 --> 00:29:41,800 Speaker 1: aren't the people that are going to go quietly into 548 00:29:41,840 --> 00:29:44,440 Speaker 1: the night. That's not something that you came up with 549 00:29:44,520 --> 00:29:50,040 Speaker 1: on your own, isn't. I have no idea what she mean? Well, 550 00:29:50,040 --> 00:29:53,000 Speaker 1: that's something that you borrowed from a movie. Spread right, 551 00:29:54,600 --> 00:29:57,400 Speaker 1: I don't know what you're talking about. You borrow that 552 00:29:57,440 --> 00:30:04,440 Speaker 1: line from the movie Independence set right, No, this really 553 00:30:04,480 --> 00:30:19,560 Speaker 1: happened an American holiday the world night. Oh my god, 554 00:30:19,760 --> 00:30:23,920 Speaker 1: Genie Chanzano, you are right. We are living in an 555 00:30:24,080 --> 00:30:27,880 Speaker 1: SNL skit. Let's reassemble the panel. Genie is here, of course, 556 00:30:27,960 --> 00:30:31,200 Speaker 1: Rick Davis as well, Bloomberg Politics contributors. That was real, Genie. 557 00:30:31,200 --> 00:30:34,120 Speaker 1: That was of course, probably also the cold open on 558 00:30:34,160 --> 00:30:37,320 Speaker 1: Saturday Night Live tomorrow. It's hard to tell the difference 559 00:30:37,360 --> 00:30:39,640 Speaker 1: when when you're playing it, I'm thinking this can't be 560 00:30:39,720 --> 00:30:43,080 Speaker 1: in a court room for a serious for hours. It is, 561 00:30:43,400 --> 00:30:46,240 Speaker 1: And you know, just to bring this full circle, maybe 562 00:30:46,280 --> 00:30:49,440 Speaker 1: this is why Kevin McCarthy was saying after January six, 563 00:30:49,440 --> 00:30:51,600 Speaker 1: he wished the big tech companies would strip some of 564 00:30:51,680 --> 00:30:55,040 Speaker 1: his members of their social media accounts because this is 565 00:30:55,080 --> 00:30:57,680 Speaker 1: the kind of thing that gets people in trouble. You know, 566 00:30:58,480 --> 00:31:02,800 Speaker 1: this was a here. I mean, I was fascinated by 567 00:31:02,840 --> 00:31:05,640 Speaker 1: the fact that the judge, who of course isn't going 568 00:31:05,680 --> 00:31:07,720 Speaker 1: to be deciding whether she's on the ballot or not, 569 00:31:08,280 --> 00:31:12,000 Speaker 1: but he at points was telling the attorneys this is 570 00:31:12,000 --> 00:31:14,960 Speaker 1: not a theater. You know, you're going too far, um 571 00:31:15,000 --> 00:31:17,520 Speaker 1: and rightly so. But I think it's important to remember 572 00:31:17,560 --> 00:31:19,320 Speaker 1: he's not going to decide if she's on the ballot. 573 00:31:19,400 --> 00:31:23,000 Speaker 1: He's pushing this to the Secretary of State, who himself 574 00:31:23,160 --> 00:31:27,440 Speaker 1: was under fire Brad Raffensburger from Donald Trump over so 575 00:31:27,680 --> 00:31:32,000 Speaker 1: you know, we cannot escape what happened in November and 576 00:31:32,000 --> 00:31:34,959 Speaker 1: on January six, it is still very much with us, 577 00:31:34,960 --> 00:31:37,360 Speaker 1: and we're gonna have to hear what the judge says 578 00:31:37,400 --> 00:31:40,640 Speaker 1: to Raffensburger and what Raffensburger decides, and he himself isn't 579 00:31:40,680 --> 00:31:44,520 Speaker 1: a pretty tough primary on MA. Just to add, you 580 00:31:44,560 --> 00:31:47,720 Speaker 1: know the frosting here for an SNL skit. Matt Gates 581 00:31:47,800 --> 00:31:50,960 Speaker 1: was in the front row for all of this today, Rick, 582 00:31:51,040 --> 00:31:54,000 Speaker 1: I guess to provide moral support. They had kind of 583 00:31:54,040 --> 00:31:57,520 Speaker 1: a road show going together, and they frequently fielded questions 584 00:31:57,520 --> 00:32:00,640 Speaker 1: about January six together. But if this went so far 585 00:32:00,720 --> 00:32:03,120 Speaker 1: off the rails, has anyone taking it seriously enough to 586 00:32:03,120 --> 00:32:07,560 Speaker 1: actually impact Marjorie Taylor Green's political career? Yeah, I don't 587 00:32:07,560 --> 00:32:11,560 Speaker 1: think the hearing today itself is going to be much 588 00:32:11,840 --> 00:32:14,280 Speaker 1: of a news story beyond today, although it is a 589 00:32:14,360 --> 00:32:18,560 Speaker 1: highly entertaining Friday news story. But but at the end 590 00:32:18,600 --> 00:32:21,800 Speaker 1: of the day, I think it does, uh play into 591 00:32:21,800 --> 00:32:24,240 Speaker 1: the narrative that's a much more important narrative that we're 592 00:32:24,280 --> 00:32:26,360 Speaker 1: talking about earlier at the top of the show, which 593 00:32:26,440 --> 00:32:29,959 Speaker 1: is what Republican leadership we're saying in the House about 594 00:32:30,040 --> 00:32:34,040 Speaker 1: this uh incursion into the Capitol and the fact that 595 00:32:34,080 --> 00:32:38,000 Speaker 1: Donald Trump owed some responsibility for it, and and and 596 00:32:38,040 --> 00:32:43,520 Speaker 1: so it just resurrects this entire narrative about how I 597 00:32:43,560 --> 00:32:47,240 Speaker 1: would say, cow towing to Donald Trump the Republican Party 598 00:32:47,240 --> 00:32:50,960 Speaker 1: in the House representative especially has become and that doesn't 599 00:32:51,000 --> 00:32:53,520 Speaker 1: help the party. That doesn't help her. Uh, she's gonna 600 00:32:53,520 --> 00:32:55,440 Speaker 1: get re elected if she's on the ballot. I mean, 601 00:32:55,480 --> 00:32:58,240 Speaker 1: she it's a. It's a one of the most Republican 602 00:32:58,320 --> 00:33:01,920 Speaker 1: districts in the country. Um, and I do think it's 603 00:33:01,920 --> 00:33:05,120 Speaker 1: a little ironic. As Jeannie said that the guy who 604 00:33:05,360 --> 00:33:08,320 Speaker 1: is going to decide whether she's on the bat or 605 00:33:08,360 --> 00:33:11,000 Speaker 1: not is the one that Donald Trump and other senators 606 00:33:11,040 --> 00:33:14,520 Speaker 1: like Lindsey Graham lobbied to to find enough votes to 607 00:33:14,560 --> 00:33:19,160 Speaker 1: win the Georgia state elections. So it's really unreal. Um 608 00:33:19,280 --> 00:33:22,400 Speaker 1: and uh, honestly, it's more fit for daytime TV than 609 00:33:22,400 --> 00:33:24,360 Speaker 1: in the United States of America. Who did she talk 610 00:33:24,440 --> 00:33:26,640 Speaker 1: to last night? Rick? I mean, you've you've suggested that 611 00:33:26,680 --> 00:33:29,600 Speaker 1: she's really not well liked in the caucus. It's not 612 00:33:29,640 --> 00:33:32,920 Speaker 1: like she's got a lot of people rallying to her support. 613 00:33:33,000 --> 00:33:35,440 Speaker 1: But if everyone is shutting down now, all at the 614 00:33:35,480 --> 00:33:38,320 Speaker 1: same time, they clearly realize, you know, that they could 615 00:33:38,360 --> 00:33:40,760 Speaker 1: be in some danger here. Did did she speak with 616 00:33:40,840 --> 00:33:43,520 Speaker 1: anyone in the Republican leadership or she on her own here? Oh? 617 00:33:43,560 --> 00:33:46,080 Speaker 1: I think she's completely on her own. You remember, we've 618 00:33:46,360 --> 00:33:49,240 Speaker 1: the Republican leadership already took her out of committees. She's 619 00:33:49,240 --> 00:33:52,800 Speaker 1: had some really outrageous statements. Um. There's been talk of 620 00:33:52,880 --> 00:33:55,520 Speaker 1: censuring her in the committee. Within the caucus, right, I mean, 621 00:33:55,520 --> 00:33:57,840 Speaker 1: this is a caucus that you know makes a till 622 00:33:57,880 --> 00:34:00,480 Speaker 1: of the hun looks liberal and and and yet she 623 00:34:00,560 --> 00:34:03,640 Speaker 1: can't even get along with that crowd. Um. The fact 624 00:34:03,680 --> 00:34:06,520 Speaker 1: that she only had Matt Gatz there. Uh, it wasn't 625 00:34:06,520 --> 00:34:10,400 Speaker 1: a testament or popularity. It was a demonstration of her unpopularity. 626 00:34:11,480 --> 00:34:16,800 Speaker 1: A pretty remarkable cast of characters here and series of events. Genie, 627 00:34:16,840 --> 00:34:19,720 Speaker 1: Does anything come from it? Though? You know, I actually 628 00:34:19,760 --> 00:34:22,279 Speaker 1: think it does. It's I I think she'll stay on 629 00:34:22,320 --> 00:34:25,640 Speaker 1: the ballot. But you know that that old James Carville 630 00:34:25,719 --> 00:34:28,560 Speaker 1: was out the other day saying what Democrats have to 631 00:34:28,600 --> 00:34:31,040 Speaker 1: do in a year in which you know, let's face it, 632 00:34:31,040 --> 00:34:33,759 Speaker 1: it's going to be very, very tough for Democrats. Is 633 00:34:33,800 --> 00:34:36,200 Speaker 1: what they have to do is show the crazy in 634 00:34:36,239 --> 00:34:40,040 Speaker 1: the Republican Party. And the more you have this kind 635 00:34:40,080 --> 00:34:43,879 Speaker 1: of display going on, and it's not just Marjorie Taylor Green, 636 00:34:44,160 --> 00:34:47,560 Speaker 1: it's Andy Biggs, it's Paul Gossar, it's Madison Cawthorne, look 637 00:34:47,560 --> 00:34:50,160 Speaker 1: at the pictures out about him today. The more you 638 00:34:50,239 --> 00:34:53,680 Speaker 1: have the crazy on display, the narrower the Republican How 639 00:34:53,719 --> 00:34:56,840 Speaker 1: about showing the not crazy in the Republican Party wouldn't 640 00:34:56,880 --> 00:35:01,200 Speaker 1: that be me? Is that true? Rick? You know, I 641 00:35:02,280 --> 00:35:05,440 Speaker 1: think that that a Democrat running against a Republican in 642 00:35:05,480 --> 00:35:08,400 Speaker 1: a in a swing state is going to have to 643 00:35:08,440 --> 00:35:11,160 Speaker 1: decide what issues they think voters are really going to 644 00:35:11,239 --> 00:35:14,279 Speaker 1: care about. Most of the last fifteen minute conversation is 645 00:35:14,280 --> 00:35:16,839 Speaker 1: not going to trigger a lot of voter backlash right there. 646 00:35:17,080 --> 00:35:19,600 Speaker 1: This most people will not even think about this three 647 00:35:19,680 --> 00:35:22,240 Speaker 1: or four months from now. Now there are primaries happening 648 00:35:22,239 --> 00:35:25,320 Speaker 1: in May that this could have some impact on and 649 00:35:25,480 --> 00:35:28,799 Speaker 1: uh and and through the summer. But the reality is, Uh, 650 00:35:28,880 --> 00:35:30,760 Speaker 1: this is not the kind of thing that drives a voter. 651 00:35:31,320 --> 00:35:33,239 Speaker 1: And at the end of the day, that's the that's 652 00:35:33,280 --> 00:35:36,360 Speaker 1: the real test, Uh is do you have an issue 653 00:35:36,560 --> 00:35:38,520 Speaker 1: that you want to talk about as a candidate, either 654 00:35:38,600 --> 00:35:41,400 Speaker 1: as a Democrat against Republicans or vice versa, that is 655 00:35:41,440 --> 00:35:44,960 Speaker 1: actually gonna move votes? And right now, that's still the economy, 656 00:35:45,160 --> 00:35:49,160 Speaker 1: that's you know, putting jobs back together, that's inflation. Uh 657 00:35:49,200 --> 00:35:50,960 Speaker 1: and and and I doubt if this is going to 658 00:35:51,080 --> 00:35:54,400 Speaker 1: distract real campaigns, you know, into the into the summer 659 00:35:54,440 --> 00:35:58,040 Speaker 1: and fall. And for that reason, uh, you seem to 660 00:35:58,080 --> 00:36:02,560 Speaker 1: think that Kevin mccar arthe is in fair shape right now. 661 00:36:02,600 --> 00:36:04,319 Speaker 1: I mean, based on what you just said, who's talking 662 00:36:04,320 --> 00:36:06,360 Speaker 1: about any of this January six business by the end 663 00:36:06,400 --> 00:36:08,640 Speaker 1: of the year. Yeah, you know, it's interesting. I mean, 664 00:36:08,719 --> 00:36:13,120 Speaker 1: you know, he's gotten expectations so high that if Republicans 665 00:36:13,160 --> 00:36:15,959 Speaker 1: don't get you know, forty new members in the House 666 00:36:15,960 --> 00:36:18,920 Speaker 1: of Representatives in addition to what they have today, it 667 00:36:18,960 --> 00:36:21,759 Speaker 1: may look like a disappointment. And and and that will 668 00:36:21,800 --> 00:36:24,200 Speaker 1: be paying back on him because of some of the 669 00:36:24,239 --> 00:36:26,520 Speaker 1: comments that he's made that are out and tape and 670 00:36:26,520 --> 00:36:28,720 Speaker 1: and that we I think he has got a personal 671 00:36:28,719 --> 00:36:31,560 Speaker 1: issue he's got to deal with, which is how do 672 00:36:31,560 --> 00:36:33,839 Speaker 1: you cut through a press narrative where every day there 673 00:36:33,840 --> 00:36:37,320 Speaker 1: seems to be some new in transgression against Trump or 674 00:36:37,360 --> 00:36:39,960 Speaker 1: Trump says something about him. I mean, this is not 675 00:36:40,120 --> 00:36:43,480 Speaker 1: exactly what you wanted going into the most important election 676 00:36:43,520 --> 00:36:46,280 Speaker 1: in your in your career to try and become a speaker. 677 00:36:46,360 --> 00:36:49,120 Speaker 1: And by the way, people have been thrown out of 678 00:36:49,200 --> 00:36:52,640 Speaker 1: speaker's jobs for less than this. So uh, he may 679 00:36:52,680 --> 00:36:56,759 Speaker 1: actually get elected, but not last very long. The thing is, 680 00:36:56,800 --> 00:37:00,560 Speaker 1: does any of it override inflation? Genie? I think it does. 681 00:37:00,600 --> 00:37:02,560 Speaker 1: We were talking the other day around the Santas. It's 682 00:37:02,560 --> 00:37:06,200 Speaker 1: all a culture war inflations critical, but these culture war 683 00:37:06,320 --> 00:37:09,680 Speaker 1: issues and overreach, whether Republicans, it's probably the best motivate 684 00:37:10,120 --> 00:37:12,600 Speaker 1: to run on. Rick and Jeanne are paneled, are the 685 00:37:12,640 --> 00:37:15,399 Speaker 1: best law Me back here Monday. I'm Joe Matthew. This 686 00:37:15,600 --> 00:37:15,680 Speaker 1: is