1 00:00:00,240 --> 00:00:04,080 Speaker 1: I'm Kevin CURRELLI Chief Washington correspondent from Bloomberg Television and 2 00:00:04,080 --> 00:00:06,840 Speaker 1: Bloomberg Radio. And there you just had to, folks, the 3 00:00:07,000 --> 00:00:11,639 Speaker 1: chair of the Democratic Party in Iowa saying that the 4 00:00:11,680 --> 00:00:15,480 Speaker 1: results are going to be coming in, and of course 5 00:00:15,520 --> 00:00:18,480 Speaker 1: we are going to be carefully monitoring this situation. As 6 00:00:18,520 --> 00:00:21,040 Speaker 1: we get those numbers, we're gonna dissect them. We've got 7 00:00:21,040 --> 00:00:23,200 Speaker 1: a team of all stars, Adam Green, co founder of 8 00:00:23,239 --> 00:00:26,680 Speaker 1: the Progressive Change Campaign Committee in Iowa, John Seaton, he's 9 00:00:26,720 --> 00:00:29,520 Speaker 1: a Republican insider and knows all things Iowa. He's a 10 00:00:29,520 --> 00:00:33,280 Speaker 1: partner at Camelback Strategy and former national field director and 11 00:00:33,840 --> 00:00:38,360 Speaker 1: Iowa caucus director for the John McCain presidential campaign. Congressman 12 00:00:38,360 --> 00:00:40,720 Speaker 1: friend Chill is gonna call in coming up. He's a 13 00:00:40,760 --> 00:00:44,720 Speaker 1: Republican congressman representing Arkansas's district, to give us a preview 14 00:00:45,320 --> 00:00:47,519 Speaker 1: of the State of the Union address. So we have 15 00:00:47,560 --> 00:00:51,360 Speaker 1: a lot to get through, But first I just want 16 00:00:51,400 --> 00:00:53,440 Speaker 1: to get a check in terms of Adam, Adam, what 17 00:00:53,440 --> 00:00:55,840 Speaker 1: are you going to be looking for from these headline 18 00:00:55,880 --> 00:00:58,080 Speaker 1: from these numbers when we get them, I know you've 19 00:00:58,120 --> 00:01:00,000 Speaker 1: got You've got a lot to look for for Elizabe 20 00:01:00,000 --> 00:01:03,480 Speaker 1: with Warren. Yeah, so honestly, big picture, I think we 21 00:01:03,520 --> 00:01:06,600 Speaker 1: already see what's happening here, which is despite all the 22 00:01:06,840 --> 00:01:08,760 Speaker 1: lack of clarity, one thing it's very clear is that 23 00:01:08,840 --> 00:01:12,360 Speaker 1: Joe Biden uh dramatically fell in Iowa. I think the 24 00:01:12,440 --> 00:01:14,759 Speaker 1: numbers will show that he was fourth place, probably fourth place, 25 00:01:14,800 --> 00:01:17,399 Speaker 1: with a big gap between fourth and third. And for 26 00:01:17,440 --> 00:01:21,679 Speaker 1: anybody who thought that he was inevitable, invincible, most electable, 27 00:01:21,720 --> 00:01:24,240 Speaker 1: I think a lot of people are re evaluating that 28 00:01:24,480 --> 00:01:27,600 Speaker 1: as New Hampshire begins to vote. Um, so, really what 29 00:01:27,640 --> 00:01:28,960 Speaker 1: I see as a three way race at this point, 30 00:01:28,959 --> 00:01:31,160 Speaker 1: Elizabeth Warren, Bernie Sanders, people to judge going to New 31 00:01:31,200 --> 00:01:34,479 Speaker 1: Hampshire and John as as a Republican. You know, you're 32 00:01:34,480 --> 00:01:37,080 Speaker 1: looking at all the confusion here. There's just so much 33 00:01:37,160 --> 00:01:40,679 Speaker 1: that has changed within just how the caucus over the 34 00:01:40,720 --> 00:01:43,440 Speaker 1: past day or so has really played out, John and 35 00:01:43,520 --> 00:01:47,760 Speaker 1: you knowing how this process works. Will this take away 36 00:01:47,880 --> 00:01:50,720 Speaker 1: from Iowa being first in the nation in the future, Well, 37 00:01:50,840 --> 00:01:52,480 Speaker 1: I don't know if it will. You know, if it's 38 00:01:52,520 --> 00:01:54,800 Speaker 1: the end of the Iowa caucuses is as we know, 39 00:01:54,880 --> 00:01:57,040 Speaker 1: what I will say, I think it's unfortunate if it is. 40 00:01:57,080 --> 00:02:01,120 Speaker 1: I think that Iowa is a great first organizational test 41 00:02:01,200 --> 00:02:05,120 Speaker 1: for Democratic and Republican candidates from the running for president. 42 00:02:05,160 --> 00:02:07,840 Speaker 1: It's not just a money race, it's not just it's 43 00:02:07,840 --> 00:02:09,640 Speaker 1: not just to who can put the most ads on TV. 44 00:02:09,760 --> 00:02:14,160 Speaker 1: It really forces campaigns to organized, to to be present 45 00:02:14,160 --> 00:02:16,960 Speaker 1: at the grassroots level. And so I am I'm hopeful 46 00:02:17,000 --> 00:02:18,680 Speaker 1: that this isn't the end of the caucuses, but it's 47 00:02:18,720 --> 00:02:21,920 Speaker 1: also increasingly difficult to defend when you have disasters like 48 00:02:22,000 --> 00:02:24,839 Speaker 1: what happened. Yeah, and you know, I think you still 49 00:02:24,880 --> 00:02:27,120 Speaker 1: have that retail campaigning without it being a caucus. I 50 00:02:27,200 --> 00:02:28,959 Speaker 1: was struck just being on the ground and Iowa last 51 00:02:28,960 --> 00:02:30,919 Speaker 1: couple of days, how many people said to me, I've 52 00:02:30,919 --> 00:02:33,360 Speaker 1: been paying attention, I would like to vote. I have 53 00:02:33,440 --> 00:02:35,720 Speaker 1: to work right my job starts to seven pm. My 54 00:02:35,800 --> 00:02:38,000 Speaker 1: job starts at nine pm. And I, uh, you know, 55 00:02:38,040 --> 00:02:41,160 Speaker 1: said to one woman, the rules are different this year. 56 00:02:41,200 --> 00:02:43,040 Speaker 1: They're gonna be shorter. And then I actually went to 57 00:02:43,040 --> 00:02:44,680 Speaker 1: her caucus sight and it was almost two hours long, 58 00:02:44,960 --> 00:02:47,200 Speaker 1: and start to justify that. So I think, you know, 59 00:02:47,240 --> 00:02:50,040 Speaker 1: simplicity would actually have gotten this results, twigger and been 60 00:02:50,040 --> 00:02:52,079 Speaker 1: better for working people actually participating. You know, I think 61 00:02:52,080 --> 00:02:54,000 Speaker 1: that's such a great point, you guys, and especially as 62 00:02:54,040 --> 00:02:55,600 Speaker 1: we try to get these numbers, and if you're just 63 00:02:55,680 --> 00:03:01,079 Speaker 1: joining us, we're really awaiting for the partial UH caucus 64 00:03:01,080 --> 00:03:04,680 Speaker 1: results they just got posted. So literally all around the country, 65 00:03:05,000 --> 00:03:08,799 Speaker 1: folks are crunching their numbers, they've got their calculators out, 66 00:03:09,040 --> 00:03:12,280 Speaker 1: and they've got the there at results dot the caucuses 67 00:03:12,360 --> 00:03:14,880 Speaker 1: dot org, which of course is the official site for 68 00:03:14,960 --> 00:03:18,240 Speaker 1: we're going to get them. And we just truthfully have 69 00:03:18,440 --> 00:03:22,440 Speaker 1: sixty two percent reporting, which is one thousand and ninety 70 00:03:22,520 --> 00:03:26,680 Speaker 1: nine of the seventeen six of the one thousand, seven 71 00:03:26,760 --> 00:03:31,240 Speaker 1: hundred and sixty five precincts that are UH totals, So 72 00:03:31,360 --> 00:03:35,119 Speaker 1: only sixty are reporting. So is that even I mean, 73 00:03:35,560 --> 00:03:37,640 Speaker 1: is that even enough? And actually we do have a 74 00:03:37,640 --> 00:03:40,160 Speaker 1: headline crossing the Bloomberg terminal as we speak, and we'll 75 00:03:40,280 --> 00:03:42,760 Speaker 1: get this to you now. Former South Ben Mayor People 76 00:03:42,840 --> 00:03:47,120 Speaker 1: to Judge led Democrats in Iowa with sixty two percent 77 00:03:47,320 --> 00:03:50,360 Speaker 1: of the precincts reporting. Again, former South Ben may Or 78 00:03:50,400 --> 00:03:54,200 Speaker 1: People to Judge led the Democrats in Iowa with sixty 79 00:03:54,240 --> 00:03:57,280 Speaker 1: two percent of the precincts reporting, John Wow, We had 80 00:03:57,360 --> 00:04:02,280 Speaker 1: heard from UH, the their UH staffers that they had 81 00:04:02,480 --> 00:04:04,200 Speaker 1: expected to have a good night. I was with you 82 00:04:04,240 --> 00:04:08,240 Speaker 1: actually watching some of the early exit poll data. Numbers 83 00:04:08,280 --> 00:04:12,800 Speaker 1: come in enough to declare victory, No, I don't think so. 84 00:04:12,880 --> 00:04:16,000 Speaker 1: I think um Again, like just about every decision that 85 00:04:17,000 --> 00:04:21,880 Speaker 1: Iowa Democratic Party has has made here too four UM 86 00:04:21,880 --> 00:04:25,040 Speaker 1: releasing these partial numbers and trying to extrapolate anything from them, 87 00:04:25,040 --> 00:04:26,920 Speaker 1: and and maybe it's out there, we don't have it yet. 88 00:04:26,960 --> 00:04:31,480 Speaker 1: But where these precincts are they predominantly suburban, urban, rural? 89 00:04:32,040 --> 00:04:34,280 Speaker 1: Where are they coming from? So? UM, I do think 90 00:04:34,320 --> 00:04:37,120 Speaker 1: that this is yet another decision that'll be that'll be questioned, 91 00:04:37,520 --> 00:04:40,880 Speaker 1: especially if um, if the top two end up ultimately changing. 92 00:04:40,880 --> 00:04:44,159 Speaker 1: All Right, you're furiously Adam Green typing on your on 93 00:04:44,200 --> 00:04:47,200 Speaker 1: your phone and I'm watching you with me get these 94 00:04:47,200 --> 00:04:49,640 Speaker 1: results in real times. I thought we were gonna do 95 00:04:49,680 --> 00:04:53,800 Speaker 1: this last night. But here we are, sixty of the 96 00:04:53,920 --> 00:04:58,560 Speaker 1: precincts reporting Buddha Gentes leading. I. We don't have developments 97 00:04:58,600 --> 00:05:01,680 Speaker 1: as to where Warren I expectable get it momentarily where 98 00:05:01,680 --> 00:05:05,240 Speaker 1: Warren falls in here. But it's enough to declare victory 99 00:05:05,279 --> 00:05:07,839 Speaker 1: if your pe bud judge, it's not enough to declare victory. 100 00:05:07,960 --> 00:05:10,000 Speaker 1: But again, just looking at what we do have here. 101 00:05:10,200 --> 00:05:14,640 Speaker 1: We do have Buddha, Judge, Um, Uh, Sanders, and Warren 102 00:05:14,680 --> 00:05:16,720 Speaker 1: clearly in the top three. That will probably shift around 103 00:05:16,720 --> 00:05:18,520 Speaker 1: in some way, shape or form. But I don't think 104 00:05:18,520 --> 00:05:21,040 Speaker 1: Biden's gonna jump into it. I did in fourth place 105 00:05:21,040 --> 00:05:24,080 Speaker 1: headline crossing the Bloomberg terminal. Now former Vice President Joe 106 00:05:24,120 --> 00:05:29,120 Speaker 1: Biden placed fourth in the Iowa caucuses with six precincts. Look, 107 00:05:29,120 --> 00:05:31,640 Speaker 1: if Barack Obama were in these caucuses, uh, he would 108 00:05:31,640 --> 00:05:33,560 Speaker 1: not be in fourth place. Right. This is not a 109 00:05:33,600 --> 00:05:35,960 Speaker 1: continuation of the Obamba legacy. This is someone who is 110 00:05:36,000 --> 00:05:38,719 Speaker 1: out of steam. And I think that's very clear for voters. 111 00:05:39,080 --> 00:05:40,960 Speaker 1: So I think for South Carolina voters they have they 112 00:05:41,000 --> 00:05:43,240 Speaker 1: be asking themselves, do I want to bail this guy out? Right? 113 00:05:43,320 --> 00:05:46,000 Speaker 1: Firewalls work when you have momentum going into a firewall. 114 00:05:46,160 --> 00:05:48,320 Speaker 1: He does not have momentum um, you know. So I 115 00:05:48,360 --> 00:05:50,039 Speaker 1: think what we've seen saw about last night was a 116 00:05:50,080 --> 00:05:53,359 Speaker 1: huge victory for progressives between Bernie and Warren. You know, obviously, 117 00:05:53,680 --> 00:05:56,359 Speaker 1: you know, Pete's theory of the case that progressive ideas 118 00:05:56,360 --> 00:05:59,800 Speaker 1: won't sell in the Midwest was completely vanquished. And I'm 119 00:06:00,000 --> 00:06:03,160 Speaker 1: and forward to uh, you know, eventually Bernie versus Warren Race. 120 00:06:03,480 --> 00:06:05,760 Speaker 1: I don't see how Pete winds Hampshire. I don't see 121 00:06:05,760 --> 00:06:07,880 Speaker 1: where he wins. Beyond that, I think at this point 122 00:06:07,880 --> 00:06:10,000 Speaker 1: he will be a spoiler no matter what these results are. 123 00:06:10,000 --> 00:06:11,960 Speaker 1: All right, so here's what we know. Who to judge 124 00:06:13,520 --> 00:06:20,520 Speaker 1: finishing at the top, just reporting right, true. Now, first 125 00:06:20,560 --> 00:06:22,760 Speaker 1: of all, can we just take a breath. This is 126 00:06:22,800 --> 00:06:25,720 Speaker 1: such a mess in terms of how the Iowa Democratic 127 00:06:25,720 --> 00:06:28,680 Speaker 1: Party has handled this. But here's what we know of 128 00:06:29,080 --> 00:06:31,839 Speaker 1: All of the votes have come in, and Buddha judges 129 00:06:31,880 --> 00:06:35,920 Speaker 1: out top bidens of fourth. Go ahead, John of the precincts, 130 00:06:35,960 --> 00:06:38,400 Speaker 1: all right, let's take a breather. So we're gonna pause 131 00:06:38,480 --> 00:06:42,760 Speaker 1: here because they're not even the full results. But in 132 00:06:42,800 --> 00:06:45,599 Speaker 1: just a few short hours, if you're John, and you're you, 133 00:06:45,839 --> 00:06:48,560 Speaker 1: you having really worked on the ground in Iowa here, 134 00:06:49,800 --> 00:06:52,200 Speaker 1: would you declare victory ahead of the state of the union. 135 00:06:52,279 --> 00:06:54,680 Speaker 1: I mean, put on your political cap. I'm seeing you 136 00:06:54,720 --> 00:06:56,680 Speaker 1: shake your head. And if you're listening on your way 137 00:06:56,720 --> 00:06:59,080 Speaker 1: home from from work, if it sounds confusing, if it 138 00:06:59,160 --> 00:07:02,760 Speaker 1: sounds rushed, if it sounds haphazard, it's because it is. 139 00:07:03,080 --> 00:07:05,400 Speaker 1: I mean, every source that I've spoken with for the 140 00:07:05,400 --> 00:07:07,560 Speaker 1: past twenty four hours, has no idea what's going on 141 00:07:07,640 --> 00:07:10,800 Speaker 1: with respect to YouTube gentlemen who are incredibly well connected, 142 00:07:10,800 --> 00:07:15,560 Speaker 1: well sourced individuals. This is mayhem. Yeah, I think you know. Look, 143 00:07:15,600 --> 00:07:18,400 Speaker 1: I think Pete going out and giving his speech he 144 00:07:18,400 --> 00:07:20,400 Speaker 1: gave last night. I know it was very controversial on Twitter. 145 00:07:20,520 --> 00:07:23,360 Speaker 1: I don't know what that did. I would imagine that 146 00:07:23,400 --> 00:07:25,920 Speaker 1: actually did good things for his online fundraising last night. 147 00:07:25,920 --> 00:07:29,760 Speaker 1: When he did make his speech, it was a very um, upbeat, 148 00:07:29,800 --> 00:07:32,400 Speaker 1: optimistic speech and which, despite what he's now saying, he 149 00:07:32,440 --> 00:07:34,880 Speaker 1: did declare victory. Um. I think he said that moment. 150 00:07:34,920 --> 00:07:36,480 Speaker 1: He's got to go on to New Hampshire. He's got 151 00:07:36,480 --> 00:07:39,240 Speaker 1: to move on and and try to um prove my 152 00:07:39,280 --> 00:07:40,840 Speaker 1: colleague wrong and see if he can make in roads 153 00:07:40,840 --> 00:07:43,280 Speaker 1: outside of Iowa. All right, but but how do you 154 00:07:43,360 --> 00:07:45,800 Speaker 1: do this, Adam? I mean, do you give a speech? 155 00:07:46,240 --> 00:07:48,360 Speaker 1: Do you do it before the State of the Union. 156 00:07:48,440 --> 00:07:52,120 Speaker 1: Do you wait till after? It's just I'm watching your faces. 157 00:07:52,160 --> 00:07:54,280 Speaker 1: You're trying to figure out what you you're gonna tell, 158 00:07:54,480 --> 00:07:56,600 Speaker 1: what you're gonna tell the war In campaign to do, 159 00:07:56,920 --> 00:07:58,760 Speaker 1: and you're gonna tex them to do. I mean, it's 160 00:07:58,800 --> 00:08:01,840 Speaker 1: it's a mess. Okay, I honestly, I think her strategy 161 00:08:01,880 --> 00:08:04,280 Speaker 1: is pretty straightforward, right. I mean again, there there is 162 00:08:04,320 --> 00:08:06,440 Speaker 1: a three way race at this point, so step one. 163 00:08:06,480 --> 00:08:08,640 Speaker 1: I just saw that Chuck Todd said that fourth place 164 00:08:08,680 --> 00:08:11,520 Speaker 1: is catastrophic for Joe Biden. That's right. This is a 165 00:08:11,520 --> 00:08:13,960 Speaker 1: new world as somebody who's actually been lobbying members of 166 00:08:13,960 --> 00:08:16,360 Speaker 1: Congress last week to get them off defense and in 167 00:08:16,400 --> 00:08:19,600 Speaker 1: support Elizabeth Warren. Some have, some haven't. I heard from 168 00:08:19,600 --> 00:08:22,280 Speaker 1: so many people. I love her, I want her to 169 00:08:22,280 --> 00:08:25,160 Speaker 1: be president. Let's just see how Iowa goes. They just 170 00:08:25,200 --> 00:08:29,760 Speaker 1: need to see she was viable. She's and very disorganized. Well, 171 00:08:29,880 --> 00:08:33,840 Speaker 1: I the process was, but clearly Elizabeth Warren is you know, 172 00:08:33,880 --> 00:08:35,280 Speaker 1: if there's you know, she's one of the top three 173 00:08:35,320 --> 00:08:37,120 Speaker 1: at this point. And the main person they were thinking 174 00:08:37,120 --> 00:08:39,600 Speaker 1: about as alternative was Biden, not because they loved him, 175 00:08:39,720 --> 00:08:42,640 Speaker 1: but because they thought it was inevitable. And this I predict, 176 00:08:42,679 --> 00:08:45,000 Speaker 1: I'll make prediction of hear that there will be a 177 00:08:45,040 --> 00:08:48,040 Speaker 1: flood of new endorsements for Warren because people can now 178 00:08:48,080 --> 00:08:50,320 Speaker 1: follow the heart and they don't feel like there's this 179 00:08:50,400 --> 00:08:52,760 Speaker 1: juggernaut of Joe Biden that is just destined to win. 180 00:08:52,840 --> 00:08:57,559 Speaker 1: Confusion says something, says something, and so what it's not necessarily. 181 00:08:57,559 --> 00:08:59,680 Speaker 1: What I'm gathering from you too, is that it's not 182 00:08:59,720 --> 00:09:03,080 Speaker 1: necess serially who was number one. It's the fact that 183 00:09:03,120 --> 00:09:05,760 Speaker 1: Biden wasn't. Is that what I'm hearing. I want to 184 00:09:05,760 --> 00:09:08,520 Speaker 1: read from Bloomberg Terminal my colleagues Tyler Patriot, Jennifer Epstein, 185 00:09:08,520 --> 00:09:11,960 Speaker 1: and Jennifer Jacobs reporting quote pe Bojedge led in the 186 00:09:12,000 --> 00:09:15,680 Speaker 1: Iowa caucuses in early results, cementing his status as a 187 00:09:15,679 --> 00:09:19,520 Speaker 1: credible contender after an extraordinary rise from the little known 188 00:09:19,559 --> 00:09:22,640 Speaker 1: mayor of a small Indiana city to the top tier 189 00:09:22,760 --> 00:09:27,120 Speaker 1: of the presidential race. With sixty two percent of precincts reporting, 190 00:09:27,440 --> 00:09:30,600 Speaker 1: Bernie Sanders was a close second. The results were a 191 00:09:30,640 --> 00:09:33,800 Speaker 1: major setback for Joe Biden, who was in fourth place 192 00:09:34,120 --> 00:09:39,079 Speaker 1: behind Elizabeth Warren John. I mean, with a hundred percent 193 00:09:39,080 --> 00:09:41,680 Speaker 1: of the precincts reporting, that could move around a bit, 194 00:09:41,760 --> 00:09:45,439 Speaker 1: but not some good developments for Joe Biden. No, I think. Look, 195 00:09:45,440 --> 00:09:46,839 Speaker 1: I think first of all, and I think this has 196 00:09:46,880 --> 00:09:49,880 Speaker 1: to be said, um, as someone who who has loved 197 00:09:49,920 --> 00:09:55,280 Speaker 1: working on campaigns in the state, Pete ran a tremendous, 198 00:09:55,400 --> 00:09:59,280 Speaker 1: tremendous campaign. Uh, he really did he ran almost picture 199 00:09:59,320 --> 00:10:02,840 Speaker 1: perfect Iowa campaign. Does that translate into New Hampshire, South 200 00:10:02,840 --> 00:10:05,160 Speaker 1: Carolina and beyond. I'm not so sure, but he but 201 00:10:05,200 --> 00:10:07,240 Speaker 1: he did do a good job. And on the flip 202 00:10:07,240 --> 00:10:10,080 Speaker 1: side of that coin, I have to agree Vice President 203 00:10:10,120 --> 00:10:14,440 Speaker 1: Biden did not. And I think when I spoke to 204 00:10:14,480 --> 00:10:17,760 Speaker 1: Donald Trump Jr. In an exclusive interview last night, this 205 00:10:17,880 --> 00:10:20,440 Speaker 1: was the key development that came out of that interview 206 00:10:20,840 --> 00:10:24,760 Speaker 1: was that he said, if if the Republicans were if 207 00:10:24,800 --> 00:10:27,400 Speaker 1: Donald Trump was in Iowa and had Iowa to himself 208 00:10:27,520 --> 00:10:30,000 Speaker 1: where there was a major development, and Joe Biden, as 209 00:10:30,080 --> 00:10:33,520 Speaker 1: Joe Biden and peoplea Jedge did respectfully Bruta judge doesn't 210 00:10:33,520 --> 00:10:36,920 Speaker 1: serve in Congress, they were able to be here that 211 00:10:37,000 --> 00:10:41,119 Speaker 1: it would have been perceived very differently for these lawmakers, 212 00:10:41,120 --> 00:10:43,080 Speaker 1: I mean, I for who were having to split time 213 00:10:43,120 --> 00:10:47,120 Speaker 1: between Washington, d C. With the impeachment trial and here. Essentially, 214 00:10:47,160 --> 00:10:50,360 Speaker 1: Biden as the front runner, had Iowa to himself in 215 00:10:50,360 --> 00:10:51,920 Speaker 1: the sense that he could be here as much as 216 00:10:51,920 --> 00:10:54,480 Speaker 1: he wanted. Coming up, we're gonna have much more developments. 217 00:10:54,520 --> 00:10:57,560 Speaker 1: Let's catch our breath here and let's be uh continue 218 00:10:57,600 --> 00:11:00,720 Speaker 1: to digest the numbers. But again, the Sinks reporting in 219 00:11:00,720 --> 00:11:04,199 Speaker 1: the Iowa Caucus. Here's the order of the results. Buddha 220 00:11:04,280 --> 00:11:09,160 Speaker 1: j Edge, Bernie Warren Biden coming up also a policy 221 00:11:09,240 --> 00:11:12,760 Speaker 1: and political complete preview of the President's State of the 222 00:11:12,840 --> 00:11:15,480 Speaker 1: Union address. You can listen to that live on Bloomberg 223 00:11:15,559 --> 00:11:18,640 Speaker 1: Radio and Bloomberg Television. My colleague David Weston will be 224 00:11:18,679 --> 00:11:21,120 Speaker 1: anchoring on that front. Download the Bloomberg Sound On podcast 225 00:11:21,200 --> 00:11:23,800 Speaker 1: on APPLEI James and Bloomberg dot Com, or by downloading 226 00:11:23,800 --> 00:11:25,599 Speaker 1: the Bloomberg Business app. You can also find me on 227 00:11:25,679 --> 00:11:27,720 Speaker 1: Radio dot Com, I Heart Radio, and Spotify. Never a 228 00:11:27,760 --> 00:11:29,800 Speaker 1: dull moment. We're breaking the news as it happens. I'm 229 00:11:29,880 --> 00:11:37,079 Speaker 1: Kevin Cerelli. This is Bloomberg. You're listening to Sound On 230 00:11:37,240 --> 00:11:41,920 Speaker 1: with Kevin's really live from the Iowa Caucuses on Bloomberg Radio. 231 00:11:43,679 --> 00:11:48,040 Speaker 1: I'm Kevin Cerelli, Chief Washington correspondent from Bloomberg Television and 232 00:11:48,160 --> 00:11:52,000 Speaker 1: Bloomberg Radio, and i am broadcasting live from downtown Zamine, 233 00:11:52,600 --> 00:11:55,680 Speaker 1: and I'm joined by a panel of all stars, and 234 00:11:55,720 --> 00:11:59,120 Speaker 1: we're crunching the numbers because we just got six of 235 00:11:59,160 --> 00:12:02,480 Speaker 1: the precincts for boarding. What a day in America and 236 00:12:02,600 --> 00:12:07,560 Speaker 1: Iowa politics and in UH politics in general. So let's 237 00:12:07,600 --> 00:12:09,360 Speaker 1: just go over what we have before we check him 238 00:12:09,360 --> 00:12:12,000 Speaker 1: with our panel. Adam Green, co founder of the Progressive 239 00:12:12,080 --> 00:12:15,640 Speaker 1: Change Campaign Committee, and Elizabeth Warren Backer and John Seaton, 240 00:12:15,679 --> 00:12:18,520 Speaker 1: a partner a Camelback Strategy. He's the former national field 241 00:12:18,520 --> 00:12:22,760 Speaker 1: director and Iowa caucus director for John McCain's presidential campaign. Alright, gentlemen, 242 00:12:22,760 --> 00:12:24,920 Speaker 1: thanks for being here. Let's just catch everyone up to speed. 243 00:12:25,120 --> 00:12:28,640 Speaker 1: Laura Curtis reporting on the Bloomberg terminal. Former South then mayor, 244 00:12:29,720 --> 00:12:32,800 Speaker 1: former South Ben mayor Pee Booda Edge leads over Bernie 245 00:12:32,880 --> 00:12:36,280 Speaker 1: Sanders and Democratic hopefuls in Iowa. According to partial data 246 00:12:36,360 --> 00:12:40,480 Speaker 1: posted by the state's Democratic Party, Buddha Edge has sent 247 00:12:41,080 --> 00:12:46,600 Speaker 1: Sanders has Elizabeth Warren has eighteen percent, and Biden has 248 00:12:46,640 --> 00:12:51,480 Speaker 1: six percent. Coloba char hast percent with six of the 249 00:12:51,559 --> 00:12:54,640 Speaker 1: precincts reporting. Troy Price, who was, of course the chairman 250 00:12:54,720 --> 00:12:58,400 Speaker 1: of the Iowa Democratic Party, said that he apologizes deeply. 251 00:12:58,559 --> 00:13:02,079 Speaker 1: I apologize deeply his war for all of the situation 252 00:13:02,120 --> 00:13:05,760 Speaker 1: that we find ourselves in. All right, in the break, John, 253 00:13:06,480 --> 00:13:11,240 Speaker 1: you having run McCain's Iowa operation here about a decade ago, 254 00:13:12,240 --> 00:13:17,360 Speaker 1: thanks to that, well, I mean sorry, Uh what I 255 00:13:17,400 --> 00:13:21,160 Speaker 1: would from your vantage point, if your Buddha, judge Bernie Biden, 256 00:13:21,200 --> 00:13:24,440 Speaker 1: if you're any of these folks, would you speak to 257 00:13:24,480 --> 00:13:28,520 Speaker 1: your supporters now as we're ahead of President Trump's Day 258 00:13:28,559 --> 00:13:30,640 Speaker 1: of the Union address, or would you wait? I mean, 259 00:13:31,240 --> 00:13:34,760 Speaker 1: just kind of paint a picture of how insane this 260 00:13:34,840 --> 00:13:37,240 Speaker 1: whole thing is. It really is, and I think, you know, 261 00:13:37,360 --> 00:13:38,960 Speaker 1: for better worse, you kind of get one bite at 262 00:13:38,960 --> 00:13:40,599 Speaker 1: the apple. I think Pete took his last night. I 263 00:13:40,600 --> 00:13:42,200 Speaker 1: think he did a pretty good job. What we did, 264 00:13:42,640 --> 00:13:46,640 Speaker 1: um actually twelve years ago was UM the center. McCain. 265 00:13:46,800 --> 00:13:48,679 Speaker 1: He was really focused on New Hampshire, so he got 266 00:13:48,679 --> 00:13:51,320 Speaker 1: out of Iowa the day of the Caucuses. He spoke 267 00:13:51,360 --> 00:13:53,360 Speaker 1: to his supporters from New Hampshire and it looked like 268 00:13:53,400 --> 00:13:55,200 Speaker 1: we were going to get a top uh you know, 269 00:13:55,240 --> 00:13:56,880 Speaker 1: we're we're gonna be in the top three, top four, 270 00:13:56,920 --> 00:13:58,319 Speaker 1: which is which is really what we needed. So I 271 00:13:58,320 --> 00:14:00,320 Speaker 1: think you really get one bite at the apple. I 272 00:14:00,360 --> 00:14:03,360 Speaker 1: think that it's gonna be very, very difficult to break 273 00:14:03,360 --> 00:14:05,440 Speaker 1: through the noise of the State of the Union today, 274 00:14:05,760 --> 00:14:09,720 Speaker 1: and then you've got the impeachment vote tomorrow, so um, 275 00:14:09,760 --> 00:14:12,160 Speaker 1: you know, I think that that really the winner. The 276 00:14:12,160 --> 00:14:16,760 Speaker 1: Cocuss really was hurt on this. I'm starting to hear 277 00:14:17,360 --> 00:14:22,040 Speaker 1: some Okay, so Adam Green, I know that you guys 278 00:14:22,080 --> 00:14:25,800 Speaker 1: can hear some other counterprogramming, and we're having some technical difficulties, 279 00:14:25,800 --> 00:14:28,280 Speaker 1: so feel free to talk into your microphone and remove 280 00:14:28,320 --> 00:14:33,480 Speaker 1: the headphones from your ears. But how it seems like 281 00:14:33,520 --> 00:14:35,080 Speaker 1: all of the media right now it's just going to 282 00:14:35,160 --> 00:14:38,280 Speaker 1: be reporting Pete Buddha Judge and that that's the free 283 00:14:38,280 --> 00:14:44,040 Speaker 1: media that they're going to earn Pete budud. Yeah. I 284 00:14:44,040 --> 00:14:47,400 Speaker 1: don't think that's I don't think that's accurate. Um. So again, 285 00:14:47,520 --> 00:14:49,960 Speaker 1: I'm just like the numbers that are coming across are 286 00:14:50,000 --> 00:14:52,160 Speaker 1: all over the place. You know, I'm seeing some members 287 00:14:52,160 --> 00:14:54,320 Speaker 1: to say that Pete actually didn't win some of the 288 00:14:54,480 --> 00:14:57,640 Speaker 1: various votes, Like there's three to three metrics. The final 289 00:14:57,720 --> 00:15:00,760 Speaker 1: metric is a very wonky state delegate Qui state. They'll 290 00:15:00,760 --> 00:15:03,920 Speaker 1: get equivalent metric if it sounds wwankie. That's what it is. 291 00:15:04,680 --> 00:15:06,280 Speaker 1: The numbers all over the place. That's the bottom line. 292 00:15:06,640 --> 00:15:10,000 Speaker 1: Pete Buddha Judge is going to claim victory. Bernie Sanders 293 00:15:10,040 --> 00:15:12,520 Speaker 1: will claim victory on other metrics. Elizabeth Warren has already 294 00:15:12,520 --> 00:15:15,000 Speaker 1: spoken to her reporters and said to her supporters and said, 295 00:15:15,200 --> 00:15:17,000 Speaker 1: this is a three way race. And I think that's 296 00:15:17,000 --> 00:15:18,760 Speaker 1: what the Chuck TODs of the world will actually report 297 00:15:18,880 --> 00:15:21,440 Speaker 1: that there are three candidates with momentum. The real question 298 00:15:23,000 --> 00:15:25,600 Speaker 1: not everyone is chuck to But but what I think 299 00:15:25,600 --> 00:15:27,920 Speaker 1: the thread that that we're talking about here, if John, 300 00:15:28,000 --> 00:15:30,960 Speaker 1: is that Biden had a rough night and now there's 301 00:15:31,000 --> 00:15:33,200 Speaker 1: a lot of pressure on him his candidacy about whether 302 00:15:33,280 --> 00:15:35,960 Speaker 1: or not he's got to compete in New Hampshire. Yeah. No, 303 00:15:36,040 --> 00:15:37,440 Speaker 1: he had a tough night. I don't think that there's 304 00:15:37,440 --> 00:15:40,920 Speaker 1: regardless of who won last night. Yeah. Um, I don't 305 00:15:40,920 --> 00:15:43,520 Speaker 1: know if I agree that it's a definitely a three 306 00:15:43,520 --> 00:15:46,240 Speaker 1: person race at this point. But but Joe Biden needs 307 00:15:46,280 --> 00:15:48,760 Speaker 1: to show some Vice President Biden, he shows some positive 308 00:15:48,800 --> 00:15:52,440 Speaker 1: momentum and quickly heading into South Carolina, we will see 309 00:15:52,440 --> 00:15:55,680 Speaker 1: if that firewall holds. But he's he's he's got to 310 00:15:55,720 --> 00:15:57,840 Speaker 1: show some signs of life. All right, let's pivot to 311 00:15:57,840 --> 00:16:00,080 Speaker 1: the State of the Union address coming up. We're going 312 00:16:00,120 --> 00:16:02,560 Speaker 1: to crunch those numbers again. I just want to allow 313 00:16:02,640 --> 00:16:05,760 Speaker 1: some of the dust to settle on those numbers as 314 00:16:06,000 --> 00:16:08,320 Speaker 1: and then we'll catch everyone up to speed. Against six 315 00:16:08,920 --> 00:16:12,360 Speaker 1: of the precincts reporting right now based upon Bloomberg terminal reporting, 316 00:16:12,400 --> 00:16:15,680 Speaker 1: Buddha Jedge, Bernie Warren and Biden and then Clovi chart 317 00:16:15,800 --> 00:16:20,440 Speaker 1: in that order. And we'll allow are our intrepid reporters 318 00:16:21,080 --> 00:16:22,880 Speaker 1: to crunch those numbers some more and we'll get some 319 00:16:22,920 --> 00:16:26,200 Speaker 1: more insight analysis coming up. All right, Donald Trump, who's 320 00:16:26,200 --> 00:16:28,480 Speaker 1: his audience tonight, John? Is it the suburbs or is 321 00:16:28,520 --> 00:16:31,440 Speaker 1: it the base? You know, I think that speaking as 322 00:16:31,480 --> 00:16:34,720 Speaker 1: a Republican consultant, we're we're certainly hopeful that he he 323 00:16:34,800 --> 00:16:37,800 Speaker 1: does tell a pretty good story to UH swing voters 324 00:16:37,840 --> 00:16:40,640 Speaker 1: about the economy, about the progress that the country's moving 325 00:16:40,880 --> 00:16:44,120 Speaker 1: UH in, and that he doesn't necessarily give a base 326 00:16:44,200 --> 00:16:46,240 Speaker 1: ridden red meat speeds, that he really does speak to 327 00:16:46,600 --> 00:16:48,920 Speaker 1: those voters that he's going to need to to win 328 00:16:48,960 --> 00:16:52,160 Speaker 1: in November, and that a lot of our targeted races 329 00:16:52,200 --> 00:16:54,280 Speaker 1: are across the country, and and we're hopeful that he'll 330 00:16:54,480 --> 00:16:57,320 Speaker 1: talk to those voters and again tell the good economic 331 00:16:57,360 --> 00:16:59,160 Speaker 1: news that has come out of the last three years 332 00:16:59,160 --> 00:17:02,680 Speaker 1: of his administration. Adam who who is giving the Democratic 333 00:17:02,720 --> 00:17:05,639 Speaker 1: response and will warrant speak after the President of the 334 00:17:05,640 --> 00:17:08,399 Speaker 1: State of the Union. Bernie is Warren't going to the 335 00:17:08,400 --> 00:17:11,360 Speaker 1: State of the Union tonight. I don't think she will 336 00:17:11,400 --> 00:17:14,480 Speaker 1: be there. She's up in New Hampshire. So it's a 337 00:17:15,320 --> 00:17:19,080 Speaker 1: It's even that even the dynamics of the UH of 338 00:17:19,160 --> 00:17:22,240 Speaker 1: the State of the Union addresser up, up and up 339 00:17:22,280 --> 00:17:24,480 Speaker 1: in the air. It relates to tonight, what are you 340 00:17:24,480 --> 00:17:26,400 Speaker 1: going to be listening forward for the from the president? 341 00:17:26,680 --> 00:17:31,080 Speaker 1: In terms of how that works? So um every every year. 342 00:17:31,440 --> 00:17:32,960 Speaker 1: I watched State of the the Union with some people when 343 00:17:33,000 --> 00:17:35,359 Speaker 1: we play a drinking game where we try to guess 344 00:17:35,359 --> 00:17:37,360 Speaker 1: what words will come out of his mouth, and I'm 345 00:17:37,359 --> 00:17:40,560 Speaker 1: looking for I'm looking for words like um, which hunt 346 00:17:41,119 --> 00:17:43,560 Speaker 1: and rigged and other things that will serve his distractions 347 00:17:43,560 --> 00:17:46,320 Speaker 1: from what he should be talking about. It will be 348 00:17:46,880 --> 00:17:49,520 Speaker 1: you can playing up. I think it'll be a dumpster fire. 349 00:17:49,680 --> 00:17:51,080 Speaker 1: You know. He he is one of the most easily 350 00:17:51,080 --> 00:17:54,440 Speaker 1: distracted presidents ever. Maybe if he's on a teleprompter um 351 00:17:54,520 --> 00:17:56,600 Speaker 1: his his aids will help him out little bit. But 352 00:17:56,840 --> 00:17:58,800 Speaker 1: the bottom line is this, even if he goes to 353 00:17:58,800 --> 00:18:01,119 Speaker 1: to his best case scenario and talks about an economy, 354 00:18:01,160 --> 00:18:03,440 Speaker 1: we actually don't have an economy that's working for regular people. 355 00:18:03,680 --> 00:18:07,000 Speaker 1: People who have jobs are often getting underpaid, working multiple jobs. 356 00:18:07,280 --> 00:18:09,480 Speaker 1: We have wage stagnation. I think whoever is doing the 357 00:18:09,480 --> 00:18:12,159 Speaker 1: Democratic response will be making that case. You know. I 358 00:18:12,160 --> 00:18:14,280 Speaker 1: think if if we're to play the same drinking game, 359 00:18:14,320 --> 00:18:16,320 Speaker 1: if I if I, if I drank on jobs and 360 00:18:16,800 --> 00:18:18,440 Speaker 1: you drank on which hunt, I think that I'd have 361 00:18:18,440 --> 00:18:19,720 Speaker 1: a little bit more of a buzz by the time 362 00:18:19,800 --> 00:18:23,920 Speaker 1: the nights over. Um. Look, I think's drinking on my show. 363 00:18:24,560 --> 00:18:26,199 Speaker 1: I think we're coming up. We're gonna produce do more 364 00:18:26,240 --> 00:18:27,760 Speaker 1: of a preview with the state of the Union. I'm 365 00:18:27,760 --> 00:18:29,520 Speaker 1: looking for some policy. I want to know what he 366 00:18:29,560 --> 00:18:31,879 Speaker 1: says on foreign policy, on the areas where Republicans and 367 00:18:31,920 --> 00:18:34,959 Speaker 1: Democrats agree, especially as it relates to Israel, especially as 368 00:18:34,960 --> 00:18:37,920 Speaker 1: it relates to Iran. I'm watching to see the reaction 369 00:18:38,000 --> 00:18:40,280 Speaker 1: of Democrats when they when the President talks about the 370 00:18:40,359 --> 00:18:43,359 Speaker 1: killing of Costum salamani uh. And I'm also going to 371 00:18:43,440 --> 00:18:47,280 Speaker 1: be watching for prescription drug pricing and the coronavirus. And 372 00:18:47,280 --> 00:18:49,159 Speaker 1: we're gonna dive into the specifics of all of this 373 00:18:49,280 --> 00:18:52,119 Speaker 1: coming up. Remember, folks, he inked that phase one of 374 00:18:52,160 --> 00:18:54,800 Speaker 1: the US trying to trade deal. But the coronavirus has 375 00:18:54,800 --> 00:18:57,439 Speaker 1: injected global volatility into the market. So I want to 376 00:18:57,480 --> 00:18:59,480 Speaker 1: know what the President has to say about that. Based 377 00:18:59,520 --> 00:19:02,639 Speaker 1: upon my own reporting, I would anticipate a calmer tone 378 00:19:03,040 --> 00:19:05,360 Speaker 1: from the President, and I think that he's got an 379 00:19:05,359 --> 00:19:08,520 Speaker 1: eye on the reactions of Democrats in the room, and 380 00:19:08,560 --> 00:19:10,600 Speaker 1: also and I on the suburbs, which if he wants 381 00:19:10,600 --> 00:19:13,280 Speaker 1: to get reelected, he's going to need to win. Adam's 382 00:19:13,280 --> 00:19:16,320 Speaker 1: gonna stay, John's gonna stay the Tyler Pager's summer with 383 00:19:16,359 --> 00:19:18,920 Speaker 1: a calculator crunching the numbers, and I'm gonna stay too. 384 00:19:19,240 --> 00:19:36,920 Speaker 1: I'm Kevin Cirelli, and you're listening to Bloomberg. This is 385 00:19:37,040 --> 00:19:40,280 Speaker 1: Sound On with Kevin c Really live from the Iowa 386 00:19:40,320 --> 00:19:46,480 Speaker 1: Caucuses on Bloomberg Radio. I'm Kevin Sireli, chief Washington correspondent 387 00:19:46,520 --> 00:19:50,439 Speaker 1: for Bloomberg Television and Bloomberg Radio, trying to catch my 388 00:19:50,480 --> 00:19:53,640 Speaker 1: breath amid the cocopiny of headlines that are coming out 389 00:19:54,240 --> 00:19:57,760 Speaker 1: of Des Moines, Iowa, where I still am, and we're 390 00:19:57,800 --> 00:20:00,840 Speaker 1: gonna have full analysis of those numbers. Sick of the 391 00:20:00,840 --> 00:20:04,679 Speaker 1: precincts reporting. Troy Price, remember that name, chairman of the 392 00:20:04,720 --> 00:20:09,639 Speaker 1: Democratic Iowa Party, issuing an apology just within the last 393 00:20:09,640 --> 00:20:13,199 Speaker 1: hour a sixty of the precincts are reporting, and here's 394 00:20:13,240 --> 00:20:16,800 Speaker 1: where it stands former South ben Mayor p Bouddha Jedge, 395 00:20:17,359 --> 00:20:21,359 Speaker 1: Senator Bernie Sanders and second Elizabeth Warren and third, and 396 00:20:21,440 --> 00:20:24,560 Speaker 1: Joe Biden in fourth place. Much more analysis on that 397 00:20:24,600 --> 00:20:27,320 Speaker 1: coming up, but I'm thrilled to have a State of 398 00:20:27,359 --> 00:20:31,120 Speaker 1: the Union preview by a friend of the program, French Hill. 399 00:20:31,240 --> 00:20:35,080 Speaker 1: He is a Republican congressman representing Arkansas's second district. He's 400 00:20:35,080 --> 00:20:37,480 Speaker 1: a member of the Financial Services Committee. He's also the 401 00:20:37,520 --> 00:20:41,640 Speaker 1: former Deputy Assistant Secretary for the Treasury. UH Congressman, thanks, 402 00:20:41,680 --> 00:20:45,520 Speaker 1: as always for your insights. Let's start with the economic policy. 403 00:20:45,720 --> 00:20:49,119 Speaker 1: Take me out of the spin and the what the 404 00:20:49,200 --> 00:20:51,399 Speaker 1: left is gonna say and the and the right is 405 00:20:51,400 --> 00:20:55,520 Speaker 1: gonna say. I know you're a serious finance guy. Tell 406 00:20:55,560 --> 00:20:59,560 Speaker 1: me what can actually get done as the president agenda 407 00:20:59,680 --> 00:21:06,160 Speaker 1: set in Congress signance the law between now an election day. 408 00:21:06,359 --> 00:21:08,480 Speaker 1: Thanks for having me on. I think it's going to 409 00:21:08,520 --> 00:21:13,000 Speaker 1: be a very quiet year legislative w I think you 410 00:21:13,080 --> 00:21:16,440 Speaker 1: know that, and I know that we've gotten the appropriations 411 00:21:16,480 --> 00:21:21,360 Speaker 1: finished for and in the UH consensus between the House 412 00:21:21,400 --> 00:21:26,119 Speaker 1: and Senate. I'm really not looking for something landmark between now, 413 00:21:26,160 --> 00:21:28,880 Speaker 1: I think the President should lay out that he's had 414 00:21:28,920 --> 00:21:32,000 Speaker 1: a great three years. On the economy, though and not 415 00:21:32,119 --> 00:21:34,840 Speaker 1: from a spend point of view. Major tax reform, something 416 00:21:34,880 --> 00:21:37,560 Speaker 1: that people work thirty years to do, to stop double 417 00:21:37,640 --> 00:21:41,560 Speaker 1: taxation of corporate income on earnings from abroad. Get trade 418 00:21:41,600 --> 00:21:46,080 Speaker 1: deals done with China, with Korea, get the new NaSTA, 419 00:21:46,160 --> 00:21:51,280 Speaker 1: the U s m c A completed, reduced burdensome government regulations. 420 00:21:51,320 --> 00:21:54,439 Speaker 1: These were all goals of lots of administrations, and I 421 00:21:54,480 --> 00:21:57,320 Speaker 1: think those are the key points the president on a 422 00:21:57,400 --> 00:22:01,560 Speaker 1: point to looking back over the past three years and 423 00:22:01,760 --> 00:22:04,119 Speaker 1: on the economy, I think he needs to talk about 424 00:22:04,400 --> 00:22:07,440 Speaker 1: what he wants to do going forward on the economy, 425 00:22:07,520 --> 00:22:10,840 Speaker 1: which I think includes trade arrangements with the European Union, 426 00:22:10,920 --> 00:22:15,720 Speaker 1: trade arrangements with Mexico, I mean, with Great Britain, maybe 427 00:22:15,720 --> 00:22:18,679 Speaker 1: expand trade with some of the Asian countries that were 428 00:22:18,720 --> 00:22:24,160 Speaker 1: in the original Transpacific Partnership, like Vietnam and Malaysia. French 429 00:22:24,200 --> 00:22:26,640 Speaker 1: Hills on the line. He's a congressman, he represents He's 430 00:22:26,640 --> 00:22:31,040 Speaker 1: Republican congressman representing Arkansas's second district. I gotta ask you 431 00:22:31,080 --> 00:22:33,960 Speaker 1: about China, and I have to ask you about the coronavirus. 432 00:22:34,440 --> 00:22:37,960 Speaker 1: Based upon my own reporting, I would anticipate the President 433 00:22:38,040 --> 00:22:42,159 Speaker 1: tonight make some reference Congressman to the coronavirus which has 434 00:22:42,200 --> 00:22:46,280 Speaker 1: injected so much volatility into the global marketplace and has 435 00:22:46,440 --> 00:22:49,879 Speaker 1: added some question marks to how the US and China 436 00:22:50,160 --> 00:22:53,000 Speaker 1: and of course the UK there was headlines on that front, 437 00:22:53,119 --> 00:22:56,440 Speaker 1: are going to be able to do business with China. 438 00:22:56,680 --> 00:22:58,359 Speaker 1: What do you want to hear from the President? What 439 00:22:58,359 --> 00:23:00,719 Speaker 1: do you want to hear from the administration for how 440 00:23:00,760 --> 00:23:04,800 Speaker 1: they're handling the coronavirus with regards to China. Well, I 441 00:23:04,800 --> 00:23:07,440 Speaker 1: think look, whenever you have a public health scare, whether 442 00:23:07,480 --> 00:23:12,240 Speaker 1: it's Ebola, stars or any other major contagion that we've 443 00:23:12,280 --> 00:23:16,680 Speaker 1: dealt with, you want to overreact. You want governments being transparent, 444 00:23:16,760 --> 00:23:20,840 Speaker 1: You want them to pour resources and coordinate those resources 445 00:23:21,160 --> 00:23:25,239 Speaker 1: around the world in order to stall the advance of 446 00:23:25,240 --> 00:23:28,280 Speaker 1: that contagion. So I believe the United States has volunteered 447 00:23:28,280 --> 00:23:32,000 Speaker 1: to be helpful and to not let the situation grow, 448 00:23:32,040 --> 00:23:33,840 Speaker 1: and I think the President ought to address it. I 449 00:23:33,880 --> 00:23:36,560 Speaker 1: think it would be important. We've seen this, we know 450 00:23:36,680 --> 00:23:40,000 Speaker 1: will weather this storm, but we weather the storm because 451 00:23:40,119 --> 00:23:43,280 Speaker 1: countries work together and put their best public health officials 452 00:23:43,920 --> 00:23:49,320 Speaker 1: right on the firing line, taking the best practices into account. Congressman, 453 00:23:49,800 --> 00:23:53,040 Speaker 1: it's tonight in terms of a foreign policy vision, when 454 00:23:53,080 --> 00:23:56,199 Speaker 1: the President talks about Iran, when the President talks about Israel, 455 00:23:56,680 --> 00:23:59,760 Speaker 1: the pageantry, I think tonight will be on full display, 456 00:24:00,080 --> 00:24:03,680 Speaker 1: specially with the cameras. You know, Chief Justice John Roberts 457 00:24:03,800 --> 00:24:06,280 Speaker 1: is going to be there just on the eve of 458 00:24:06,320 --> 00:24:10,200 Speaker 1: the President's likely acquittal tomorrow in the impeachment trial. How 459 00:24:10,240 --> 00:24:14,360 Speaker 1: Speaker Nancy Pelosi will be seated directly behind the President 460 00:24:14,359 --> 00:24:17,000 Speaker 1: and of course next to Vice President Pence. But when 461 00:24:17,000 --> 00:24:21,000 Speaker 1: the cameras pan out, when the cameras show the Democrats, 462 00:24:21,040 --> 00:24:24,199 Speaker 1: and I really believe if you're watching at home, no 463 00:24:24,200 --> 00:24:26,159 Speaker 1: matter which side of the aisle or where in the 464 00:24:26,240 --> 00:24:31,280 Speaker 1: ideological spectrum you fall, it's going to illustrate the divide 465 00:24:31,280 --> 00:24:35,920 Speaker 1: on foreign policy as it relates to where thinks stand, Congressman, 466 00:24:36,520 --> 00:24:41,840 Speaker 1: with where Democrats are. Yeah, Kevin, this is something that 467 00:24:41,960 --> 00:24:45,920 Speaker 1: in my uh private sector work in public sector work 468 00:24:45,960 --> 00:24:49,920 Speaker 1: over the past four decades, I'm disappointed with how divided 469 00:24:49,960 --> 00:24:53,439 Speaker 1: we are on foreign policy when it comes to trying 470 00:24:53,480 --> 00:24:57,080 Speaker 1: something new with North Korea. This was attempting to break 471 00:24:57,119 --> 00:25:00,439 Speaker 1: the stalemate that President Trump saw when he came into office, 472 00:25:00,480 --> 00:25:04,120 Speaker 1: President Obama warned him that North Korea was a problem 473 00:25:04,160 --> 00:25:06,680 Speaker 1: and he needed to engage on it. So he chose 474 00:25:06,680 --> 00:25:10,000 Speaker 1: a different direction to see if he could change the network, 475 00:25:10,040 --> 00:25:15,160 Speaker 1: and we got you in ratifications of sanctions, including support 476 00:25:15,200 --> 00:25:17,280 Speaker 1: by China and Russia. Nobody had done that before to 477 00:25:17,359 --> 00:25:21,160 Speaker 1: try to compel North Korea change its holistic missile strategy. 478 00:25:21,440 --> 00:25:25,119 Speaker 1: President Trump saw the failings in the Joint j p 479 00:25:25,359 --> 00:25:28,040 Speaker 1: c O a deal for Iran and wanted to go 480 00:25:28,080 --> 00:25:31,840 Speaker 1: in a different direction. And now Europe backs the President's 481 00:25:31,920 --> 00:25:35,439 Speaker 1: different direction that could result in snap back sanctions on Iran. 482 00:25:36,080 --> 00:25:39,520 Speaker 1: We've spent years during the Obama administration saying we were 483 00:25:39,520 --> 00:25:42,560 Speaker 1: going to defeat ISIS, and the President tackled ISIS and 484 00:25:42,640 --> 00:25:47,680 Speaker 1: defeated uh ISIS. The President followed up on President Bush's 485 00:25:48,040 --> 00:25:51,600 Speaker 1: objective of getting two of g d P spent on 486 00:25:51,720 --> 00:25:54,520 Speaker 1: defense in Europe as a part of NATO, and the 487 00:25:54,560 --> 00:25:57,920 Speaker 1: President has been outspoken on that. And of course President 488 00:25:57,920 --> 00:26:01,879 Speaker 1: Clinton promised to move the america An Embassy to Jerusalem, 489 00:26:01,920 --> 00:26:05,679 Speaker 1: and President Trump has delivered on that, plus a fresh 490 00:26:05,760 --> 00:26:09,919 Speaker 1: look at a Palestinian Israel proposal. So the President has 491 00:26:09,960 --> 00:26:12,880 Speaker 1: been so engaged on foreign policy. I haven't agreed with 492 00:26:13,800 --> 00:26:17,280 Speaker 1: uh everything that he's done, but he again has been 493 00:26:17,320 --> 00:26:20,399 Speaker 1: engaging in America, has been leading, and I think it 494 00:26:20,640 --> 00:26:23,399 Speaker 1: is very important that Congress worked to stay on the 495 00:26:23,440 --> 00:26:26,320 Speaker 1: same page as it approaches foreign policy and that we 496 00:26:26,400 --> 00:26:30,960 Speaker 1: look united as we look off the US shores. Especially, 497 00:26:31,000 --> 00:26:32,840 Speaker 1: I mean that I hear you on the on the 498 00:26:32,880 --> 00:26:36,520 Speaker 1: foreign policy front, but especially on technology as it relates 499 00:26:36,560 --> 00:26:39,000 Speaker 1: to foreign policy fall Way five G. I mean, all 500 00:26:39,080 --> 00:26:42,360 Speaker 1: of that's so incredibly important as well. Congressmen French Hills 501 00:26:42,359 --> 00:26:44,120 Speaker 1: on the line. You've got a couple of minutes left. Congressman, 502 00:26:44,119 --> 00:26:46,439 Speaker 1: You've been so generous with your time. When I'm listening 503 00:26:46,480 --> 00:26:49,200 Speaker 1: to you, I'm struck by your tone, and I'm struck 504 00:26:49,240 --> 00:26:51,280 Speaker 1: by your tone because it's a very different tone that 505 00:26:51,400 --> 00:26:54,520 Speaker 1: I think most Americans are used to hearing from the 506 00:26:54,560 --> 00:26:59,800 Speaker 1: Republicans right now, especially when uh coming from President Trump. Now. 507 00:26:59,800 --> 00:27:02,000 Speaker 1: The White House advisors that I'm speaking with that I'm 508 00:27:02,040 --> 00:27:04,160 Speaker 1: connecting with over the past week or so at these 509 00:27:04,560 --> 00:27:08,000 Speaker 1: laid out their agenda, they say that tonight the President 510 00:27:08,080 --> 00:27:10,240 Speaker 1: is going to strike a very different tone. So he 511 00:27:10,320 --> 00:27:13,840 Speaker 1: talked about the policy, but from a rhetorical approach. He 512 00:27:13,920 --> 00:27:16,159 Speaker 1: has to talk to suburban America tonight, does he not? 513 00:27:17,520 --> 00:27:20,480 Speaker 1: He does, and it's important. I think the president's biggest 514 00:27:20,760 --> 00:27:24,520 Speaker 1: vulnerability in the election is making making sure that he's 515 00:27:24,560 --> 00:27:28,040 Speaker 1: reaching out to families and suburban America across the country 516 00:27:28,560 --> 00:27:31,840 Speaker 1: urban near urban and talk about things that I think 517 00:27:31,880 --> 00:27:35,280 Speaker 1: are important, such as how do we lower healthcare costs 518 00:27:35,320 --> 00:27:39,320 Speaker 1: for families, how do we lower prescription drug costs for families, 519 00:27:39,480 --> 00:27:43,000 Speaker 1: how do we keep our community safe from violence, whether 520 00:27:43,080 --> 00:27:47,640 Speaker 1: it's UH that person with behavioral health problems that's got 521 00:27:47,640 --> 00:27:52,520 Speaker 1: a mass shooting UH challenge, or the opioid addiction. All 522 00:27:52,560 --> 00:27:55,760 Speaker 1: these things the president has worked on, but I believe 523 00:27:55,880 --> 00:27:58,880 Speaker 1: so strongly that we need to make sure that we 524 00:27:59,119 --> 00:28:01,439 Speaker 1: talk to those with about those issues. They looked at 525 00:28:01,480 --> 00:28:04,760 Speaker 1: the things that he's done from the standpoint of proposing 526 00:28:04,800 --> 00:28:10,600 Speaker 1: and signing into law UH paid leave for children for 527 00:28:10,840 --> 00:28:14,960 Speaker 1: parents having children. That's a major change in UH policy. 528 00:28:15,640 --> 00:28:17,840 Speaker 1: So he's done some things there. But I think to 529 00:28:17,920 --> 00:28:19,800 Speaker 1: your point, I think it would be good if he 530 00:28:19,840 --> 00:28:23,520 Speaker 1: addressed him in this talk tonight. And just for the record, 531 00:28:23,600 --> 00:28:26,880 Speaker 1: he spoke to some reporters back in Washington today UH 532 00:28:26,880 --> 00:28:30,080 Speaker 1: and he was very colorful that's what That's what I'll say. 533 00:28:30,200 --> 00:28:33,400 Speaker 1: He was very colorful, especially as he was talking about 534 00:28:33,440 --> 00:28:37,520 Speaker 1: freshman Congresswoman Alexandria Acasio Cortes, and he said he said, 535 00:28:37,600 --> 00:28:39,960 Speaker 1: could beat Chuck Schumer in a primary. I mean, you 536 00:28:40,040 --> 00:28:42,200 Speaker 1: gotta you gotta see the humor, right, we got we 537 00:28:42,280 --> 00:28:44,600 Speaker 1: got like ninety seconds left, Congressman. But I would be 538 00:28:44,640 --> 00:28:48,080 Speaker 1: remiss if I didn't ask you about when I'm drowning 539 00:28:48,080 --> 00:28:51,520 Speaker 1: in de Moines here with all of the chaos. I'm 540 00:28:51,560 --> 00:28:53,800 Speaker 1: sure you're glad that it's the other side of the aisle, 541 00:28:53,880 --> 00:28:57,080 Speaker 1: Congressman that's having to deal with this and not Republicans. 542 00:28:57,120 --> 00:29:00,480 Speaker 1: But I'm just curious, as an as a river, as 543 00:29:00,560 --> 00:29:03,400 Speaker 1: as a congressman, what are you what's going through your 544 00:29:03,440 --> 00:29:07,200 Speaker 1: mind as you're watching all of this unfold and in 545 00:29:07,320 --> 00:29:11,000 Speaker 1: the freezing in the freezing cool tundra of January two 546 00:29:11,040 --> 00:29:14,920 Speaker 1: thousand and eight, I was in Iowa working the caucuses 547 00:29:15,040 --> 00:29:18,840 Speaker 1: for former Governor my Kuckabees presidential campaign. He won the 548 00:29:18,880 --> 00:29:21,479 Speaker 1: hour caucuses that night. You know what they added. They 549 00:29:21,520 --> 00:29:24,240 Speaker 1: added all on chalkboards on piece of the paper, and 550 00:29:24,280 --> 00:29:26,280 Speaker 1: we knew before ten o'clock in the evening, who was 551 00:29:26,280 --> 00:29:29,680 Speaker 1: gonna who was the winner. We've come a long way 552 00:29:29,760 --> 00:29:32,000 Speaker 1: now there's an app for that? Or is there because 553 00:29:32,000 --> 00:29:39,440 Speaker 1: the app didn't work? Congress go ahead, all right, that's 554 00:29:39,480 --> 00:29:42,320 Speaker 1: Congressman Friendshill. I know he's got a busy night ahead 555 00:29:42,320 --> 00:29:46,640 Speaker 1: of he's added to Capitol Hill for all the pageantry 556 00:29:46,920 --> 00:29:49,680 Speaker 1: of the President's State of the Union addressed tonight. Remember, 557 00:29:49,680 --> 00:29:52,560 Speaker 1: please tune in to Bloomberg Radio. David Weston's got an 558 00:29:52,600 --> 00:29:55,040 Speaker 1: all star team. He's gonna be leading our coverage life 559 00:29:55,040 --> 00:29:58,000 Speaker 1: from Washington, d C. I'm headed to New Hampshire early 560 00:29:58,080 --> 00:30:00,320 Speaker 1: right and early tomorrow morning. But we're gonna to break 561 00:30:00,320 --> 00:30:01,840 Speaker 1: it down every angle and if you want to know 562 00:30:01,880 --> 00:30:04,480 Speaker 1: about the policy, I really encourage you to listen, because 563 00:30:04,480 --> 00:30:07,120 Speaker 1: no one does it better than Weston. Coming up, we're 564 00:30:07,120 --> 00:30:10,880 Speaker 1: gonna keep crunching the numbers on the Iowa Caucus. I'm 565 00:30:10,960 --> 00:30:15,320 Speaker 1: Kevin Cerelli, chief Washington correspondent for Bluemberg Television and Bloomberg Radio. 566 00:30:15,560 --> 00:30:18,240 Speaker 1: I need a steak in Iowa. After all what's happened. 567 00:30:18,280 --> 00:30:20,480 Speaker 1: I need at least I need to filet as something. 568 00:30:20,680 --> 00:30:27,440 Speaker 1: You're listening to Bloomber This is Sound On with Kevin 569 00:30:27,480 --> 00:30:31,680 Speaker 1: c really live from the Iowa caucuses on Bloomberg Radio. 570 00:30:32,960 --> 00:30:36,720 Speaker 1: I'm Kevin Cereli, chief Washington correspondent for Blueberg Television and Radio. 571 00:30:36,760 --> 00:30:39,320 Speaker 1: I'm still at the Marriott and douth Montemoy kicking out 572 00:30:39,320 --> 00:30:41,920 Speaker 1: of Iowa folks because they just released the numbers. We're 573 00:30:41,920 --> 00:30:45,120 Speaker 1: gonna have all of that analysis coming up out of 574 00:30:45,160 --> 00:30:48,480 Speaker 1: Green's here, co founder of the Progressive Change Campaign Committee. 575 00:30:48,480 --> 00:30:51,200 Speaker 1: I was watching you while I was interviewing Congressman Friendshill. 576 00:30:51,240 --> 00:30:53,840 Speaker 1: Adam and you are all over that phone making sure 577 00:30:53,920 --> 00:30:56,520 Speaker 1: that Warren World knows what to say, what's going on 578 00:30:56,680 --> 00:30:59,080 Speaker 1: and and everything. So I want to get your take 579 00:30:59,160 --> 00:31:03,040 Speaker 1: as sort of the US too seemingly settled now on 580 00:31:03,080 --> 00:31:06,400 Speaker 1: those results. Uh. And John Zeen's here, his first time 581 00:31:06,440 --> 00:31:10,440 Speaker 1: on the program. He is a partner of Camelback Strategy. 582 00:31:10,480 --> 00:31:13,320 Speaker 1: He's the former national field director and Iowa caucus director 583 00:31:13,520 --> 00:31:17,960 Speaker 1: for John McCain's presidential campaign. Well, Adam was talking to 584 00:31:18,000 --> 00:31:20,320 Speaker 1: Warren World. You were on your phone trying to figure 585 00:31:20,320 --> 00:31:27,000 Speaker 1: out the NBA trade deadline. So what the wiggins from? 586 00:31:28,360 --> 00:31:31,920 Speaker 1: You heard it here first? Um? And all right, so 587 00:31:32,040 --> 00:31:33,840 Speaker 1: we do this thing, John, since this is your first, 588 00:31:33,840 --> 00:31:35,800 Speaker 1: first of all, your first time on the program, heck 589 00:31:35,840 --> 00:31:39,400 Speaker 1: of a show to have your first time on the program. 590 00:31:39,800 --> 00:31:43,040 Speaker 1: Stayed in the Union, Iowa. But I was struck John 591 00:31:43,080 --> 00:31:45,320 Speaker 1: when we were we were at the in the lobby 592 00:31:45,600 --> 00:31:48,720 Speaker 1: last night, just before I headed over to the Filing 593 00:31:48,800 --> 00:31:52,959 Speaker 1: Center for the media. Wow, I was so naive then. 594 00:31:53,000 --> 00:31:55,920 Speaker 1: I thought we were going to have a winner. And um, 595 00:31:56,000 --> 00:31:58,080 Speaker 1: but watching you watch some of the exam poles coming, 596 00:31:58,080 --> 00:32:01,040 Speaker 1: I mean, you are a true political junkie and you 597 00:32:01,280 --> 00:32:03,840 Speaker 1: don't even have a dog in this fight. If you're 598 00:32:03,880 --> 00:32:06,840 Speaker 1: a Republican and you're you're you're like, oh, look at this. 599 00:32:06,920 --> 00:32:08,880 Speaker 1: And I'm watching you talk to Rick Davis, you know, 600 00:32:08,960 --> 00:32:12,920 Speaker 1: your mentor, right and and and he of course is 601 00:32:12,920 --> 00:32:15,920 Speaker 1: the chairman of the or the the campaign manager of 602 00:32:15,960 --> 00:32:19,200 Speaker 1: the mccame presidential campaign. You know, I'll look at these 603 00:32:19,200 --> 00:32:22,240 Speaker 1: exit poles, and this demographic came in, and that demographic 604 00:32:22,280 --> 00:32:25,560 Speaker 1: came in, and it was really insightful to watch because 605 00:32:25,600 --> 00:32:29,200 Speaker 1: you are a true political animal in that regard and 606 00:32:29,280 --> 00:32:32,200 Speaker 1: so well, I mean, what would you have done if 607 00:32:32,280 --> 00:32:35,000 Speaker 1: you were in this caucus and if one of your 608 00:32:35,040 --> 00:32:37,440 Speaker 1: candidates was in this caucus? You know, I think actually 609 00:32:37,480 --> 00:32:40,720 Speaker 1: I was impressed that Amy Clobishar was first to market. 610 00:32:40,800 --> 00:32:44,520 Speaker 1: I thought that as as um, everyone was waiting for results, 611 00:32:44,560 --> 00:32:47,719 Speaker 1: and there's only so many times the talking heads on 612 00:32:48,160 --> 00:32:52,920 Speaker 1: CNN or Fox News or television radio can can can, 613 00:32:53,160 --> 00:32:55,320 Speaker 1: can can say the same things and and try to 614 00:32:55,360 --> 00:32:58,160 Speaker 1: make the same passions. Amy Clobshar went out there. She 615 00:32:58,200 --> 00:33:01,680 Speaker 1: took the initiative, and um, I thought she, for someone 616 00:33:01,720 --> 00:33:04,480 Speaker 1: who evidently finished fifth, did a really really good job 617 00:33:04,480 --> 00:33:06,280 Speaker 1: and it was very smart. Wasn't a mike drop. It 618 00:33:06,360 --> 00:33:09,520 Speaker 1: was a mic grab. Sometimes you gotta grab that mike. 619 00:33:09,600 --> 00:33:12,440 Speaker 1: You know what I felt like, Adam, I literally felt 620 00:33:12,520 --> 00:33:15,160 Speaker 1: like someone dragged me into Times Square on a freezing 621 00:33:15,200 --> 00:33:17,480 Speaker 1: cold night on New Year's Eve to count down from 622 00:33:17,520 --> 00:33:19,840 Speaker 1: ten for the ball to drop, and then the ball 623 00:33:19,920 --> 00:33:23,040 Speaker 1: got stuck. That's what it was like. As the app froze. 624 00:33:23,480 --> 00:33:25,120 Speaker 1: That was a really good analogy. I just want to 625 00:33:25,160 --> 00:33:26,760 Speaker 1: pay homage to that. Thank you. I was working on 626 00:33:26,800 --> 00:33:29,240 Speaker 1: it all day. Well done. I practiced it like a 627 00:33:29,240 --> 00:33:32,680 Speaker 1: million times since three thirty this morning, when I was yeah, 628 00:33:32,840 --> 00:33:35,120 Speaker 1: go ahead, all right. So having had a chance to 629 00:33:35,200 --> 00:33:37,000 Speaker 1: more calmly look at the numbers, So this is what's 630 00:33:37,040 --> 00:33:39,680 Speaker 1: on your radar, This is your quick take. Yeah, I 631 00:33:39,680 --> 00:33:42,840 Speaker 1: I think that Biden that Buddha, Judge, and Sanders will 632 00:33:43,040 --> 00:33:45,920 Speaker 1: compete to claim first place, and that's fine, they can 633 00:33:45,920 --> 00:33:49,040 Speaker 1: do that. From a warrant perspective. The biggest thing she 634 00:33:49,080 --> 00:33:52,760 Speaker 1: needed leaving Iowa was the perception of momentum and viability, 635 00:33:52,800 --> 00:33:54,640 Speaker 1: and she got that. And I just think that there 636 00:33:54,800 --> 00:33:56,760 Speaker 1: is a floodgate of stuff that's about to happen that 637 00:33:56,800 --> 00:33:59,120 Speaker 1: will kind of pult her, you know it just much 638 00:33:59,520 --> 00:34:01,360 Speaker 1: get his stuff. I love it. It's like there's like 639 00:34:01,640 --> 00:34:04,120 Speaker 1: of endorsements and basically there's so many people holding back 640 00:34:04,520 --> 00:34:07,360 Speaker 1: because of you know, so many people attacking her just 641 00:34:07,400 --> 00:34:09,600 Speaker 1: to see if she would leave Iowa viable and beating 642 00:34:09,800 --> 00:34:11,920 Speaker 1: the former vice president and being honestly, looking at the 643 00:34:11,920 --> 00:34:14,480 Speaker 1: percentage is just a couple of points away from Buddha, 644 00:34:14,520 --> 00:34:18,760 Speaker 1: Judge and Sanders means that everybody basically of the three 645 00:34:19,239 --> 00:34:21,160 Speaker 1: has auction in the room to do what they need 646 00:34:21,200 --> 00:34:22,880 Speaker 1: to do to compete in the next day. So I'm 647 00:34:22,880 --> 00:34:25,000 Speaker 1: really looking forward to this three way rays. So here 648 00:34:25,040 --> 00:34:29,200 Speaker 1: in Iowa there you can't seriously, folks, you cannot turn 649 00:34:29,320 --> 00:34:33,560 Speaker 1: on television, radio, or your phone and not be inundated 650 00:34:33,600 --> 00:34:36,319 Speaker 1: with an ad by one of the candidates running. But 651 00:34:36,480 --> 00:34:40,040 Speaker 1: Warren's message was that she's the unity candidate. So if 652 00:34:40,080 --> 00:34:42,279 Speaker 1: you look at it from the war in World perspective, 653 00:34:42,640 --> 00:34:48,320 Speaker 1: Bruta Judge more centrist, Lane Burnie, more democratic socialist Lane Biden. 654 00:34:48,440 --> 00:34:50,319 Speaker 1: Since I mean, from your point of view, what you're 655 00:34:50,320 --> 00:34:52,799 Speaker 1: telling me Biden now is done from not I'm not 656 00:34:52,880 --> 00:34:54,360 Speaker 1: saying that, I'm saying this is this, this is what 657 00:34:54,360 --> 00:34:57,640 Speaker 1: I'm hearing from Warren world. And so this would appear 658 00:34:57,680 --> 00:35:00,319 Speaker 1: that she's saying, hey, look look at me. If you 659 00:35:00,320 --> 00:35:02,319 Speaker 1: don't you know, I can unite the Buddha Judge and 660 00:35:02,360 --> 00:35:05,200 Speaker 1: the burning wakes. Yeah, that's right. Let one anecdote and 661 00:35:05,200 --> 00:35:07,239 Speaker 1: one fact. So last night I was in the caucus site. 662 00:35:07,360 --> 00:35:09,960 Speaker 1: I saw many people when Amy Klobuchar was not viable, 663 00:35:10,400 --> 00:35:12,920 Speaker 1: go to Elizabeth Warren and they said, we need a 664 00:35:12,960 --> 00:35:16,440 Speaker 1: first woman president. UM. And the caucus I was at, UH, 665 00:35:16,560 --> 00:35:19,320 Speaker 1: I think she got four times as many people swinging 666 00:35:19,320 --> 00:35:22,759 Speaker 1: over to her from other lanes than UH Sanders did. 667 00:35:23,120 --> 00:35:25,719 Speaker 1: And anecdotally on Twitter, people who were reporting from other 668 00:35:25,719 --> 00:35:29,040 Speaker 1: precincts said the same thing, that her ability to build 669 00:35:29,040 --> 00:35:33,160 Speaker 1: a coalition in the room was exponentially bigger. UM. What 670 00:35:33,160 --> 00:35:35,920 Speaker 1: we've seen in general is that there's also portions of 671 00:35:36,480 --> 00:35:40,839 Speaker 1: you know, the establishment moderate Democrats who are comfortable enough 672 00:35:41,320 --> 00:35:44,400 Speaker 1: with Elizabeth Warren to campaign actively for her, whereas they 673 00:35:44,440 --> 00:35:46,760 Speaker 1: are less comfortable with Sanders. And that's just a reality. 674 00:35:46,960 --> 00:35:49,399 Speaker 1: He's always had a high floor, but also a low 675 00:35:49,400 --> 00:35:52,640 Speaker 1: ceiling compared to her. I just think the other three Pete, 676 00:35:52,800 --> 00:35:55,799 Speaker 1: Sanders and Warren. She has the highest ceiling to grow 677 00:35:55,920 --> 00:35:58,239 Speaker 1: right now. All she needed was auction in the room, 678 00:35:58,520 --> 00:36:00,560 Speaker 1: the perception of viability, and she with him, got that. 679 00:36:01,000 --> 00:36:03,040 Speaker 1: All right, We're gonna be watching him that. When I'm 680 00:36:03,040 --> 00:36:05,240 Speaker 1: headed to New Hampshire, I'm gonna be on the trail 681 00:36:05,239 --> 00:36:07,359 Speaker 1: with her. So I'm gonna be watching for her specifically 682 00:36:07,640 --> 00:36:09,800 Speaker 1: on Hampshire. Is a very different dynamic than here, in 683 00:36:09,880 --> 00:36:13,600 Speaker 1: a different race than here in in Iowa. Thank you, Adam. 684 00:36:13,600 --> 00:36:15,640 Speaker 1: All right, So John, what's your quick take? What's your 685 00:36:16,040 --> 00:36:18,600 Speaker 1: thing on your radar? So I'm actually an Iowa, not 686 00:36:18,719 --> 00:36:20,839 Speaker 1: for the Coxes at all. It was a coincidence. I'm 687 00:36:20,880 --> 00:36:22,839 Speaker 1: here for a down ballot race. I'm here working with 688 00:36:23,520 --> 00:36:25,759 Speaker 1: David Young, he's running for his old congressional seat in 689 00:36:25,800 --> 00:36:29,200 Speaker 1: Congression List three. I'm really interested, obviously in in down 690 00:36:29,200 --> 00:36:34,280 Speaker 1: ballot races. Um The presidential campaign really takes up the oxygen. 691 00:36:34,480 --> 00:36:37,960 Speaker 1: But I think an app on a phone that no 692 00:36:38,000 --> 00:36:41,600 Speaker 1: one heard of until last night, go ahead, thank Kevin 693 00:36:42,040 --> 00:36:46,359 Speaker 1: until political therapy. Because as you know, as we look 694 00:36:46,400 --> 00:36:48,680 Speaker 1: at as we look at the impact that the presidential 695 00:36:48,760 --> 00:36:50,719 Speaker 1: is going to have, you know, I expect that that 696 00:36:51,080 --> 00:36:54,360 Speaker 1: down ballot Republicans are actually going to claw back some 697 00:36:54,400 --> 00:36:57,040 Speaker 1: of the ground that they lost. And and so I 698 00:36:57,080 --> 00:36:59,680 Speaker 1: think that um, as the economy continues to do well, 699 00:36:59,880 --> 00:37:05,000 Speaker 1: is as um the president again hopefully accentuates that in 700 00:37:05,040 --> 00:37:08,359 Speaker 1: the speech tonight and going forward, you're going to see Republicans, 701 00:37:08,560 --> 00:37:10,000 Speaker 1: like I said, take back some of the some of 702 00:37:10,080 --> 00:37:11,960 Speaker 1: the ground that they lost, and it's going to be 703 00:37:12,000 --> 00:37:14,759 Speaker 1: a heck of our rise. So this notion that Republicans 704 00:37:14,760 --> 00:37:16,880 Speaker 1: are at risk of losing the Senate, you don't buy. 705 00:37:17,200 --> 00:37:19,359 Speaker 1: I don't, I I can't. We you know, we look 706 00:37:19,400 --> 00:37:21,359 Speaker 1: at the whole day. I think I think I think 707 00:37:21,400 --> 00:37:23,880 Speaker 1: they hold setting The map is not the most friendly 708 00:37:23,920 --> 00:37:26,040 Speaker 1: map for for Republicans this time around, and so I 709 00:37:26,040 --> 00:37:28,080 Speaker 1: think that gaining seats will be tough, but I think 710 00:37:28,120 --> 00:37:31,440 Speaker 1: that holding steady is definitely a goal. And if they 711 00:37:31,480 --> 00:37:34,960 Speaker 1: come out of election night with fifty three United States senators, 712 00:37:34,960 --> 00:37:36,640 Speaker 1: they'll be very I never thought on the eve of 713 00:37:36,680 --> 00:37:39,239 Speaker 1: an impeachment trial vote that I would that I would 714 00:37:39,280 --> 00:37:41,720 Speaker 1: not talk a lot about impeachment. But as impeachment playing 715 00:37:41,719 --> 00:37:45,080 Speaker 1: in these down ballut races, for you, you don't hear 716 00:37:45,160 --> 00:37:46,560 Speaker 1: much about it. You don't hear much about it, and 717 00:37:46,640 --> 00:37:49,479 Speaker 1: I don't hear much about it from my Democratic sources either. 718 00:37:49,560 --> 00:37:51,719 Speaker 1: All right, so great job in terms of what's under Rader. 719 00:37:51,800 --> 00:37:54,239 Speaker 1: I also don't think impeachment come November is going to 720 00:37:54,320 --> 00:37:56,560 Speaker 1: be something that people are going to be talking about 721 00:37:56,640 --> 00:37:58,480 Speaker 1: or voting on on the down baut racist. Here's what's 722 00:37:58,480 --> 00:38:01,400 Speaker 1: all my radar. Yes, the President's State of the Union address, 723 00:38:01,400 --> 00:38:02,839 Speaker 1: and I just want to plug it one more time. 724 00:38:03,160 --> 00:38:06,640 Speaker 1: Please listen to David Weston's reporting tonight cross platform on 725 00:38:06,680 --> 00:38:09,200 Speaker 1: Bloomberg TV and radio, because he has got you can 726 00:38:09,239 --> 00:38:11,400 Speaker 1: dive into the policy in a way that no one 727 00:38:11,440 --> 00:38:14,680 Speaker 1: else can uh and it and you can really sort 728 00:38:14,719 --> 00:38:17,799 Speaker 1: through all of the noise. But for me, it's it's 729 00:38:17,840 --> 00:38:20,240 Speaker 1: an aspect of the speech tonight, but it's it's China. 730 00:38:20,400 --> 00:38:22,640 Speaker 1: For the president's speech tonight, how is he going to 731 00:38:22,640 --> 00:38:26,840 Speaker 1: talk about General Secretary Teesing Ping, especially with the shadow 732 00:38:26,920 --> 00:38:30,319 Speaker 1: of the coronavirus expanding and now other countries. The UK 733 00:38:30,520 --> 00:38:33,600 Speaker 1: government the latest to ask their citizens to leave China, 734 00:38:34,000 --> 00:38:37,480 Speaker 1: while Hong Kong reporting and death from the coronavirus. This 735 00:38:37,560 --> 00:38:40,680 Speaker 1: has really injected so much uncertainty back into the trade 736 00:38:40,680 --> 00:38:42,960 Speaker 1: relationships with the U S and China, but other countries 737 00:38:43,000 --> 00:38:47,320 Speaker 1: as well. Larry Cudlow said publicly within the last twenty 738 00:38:47,320 --> 00:38:52,319 Speaker 1: four hours that an export boom for the US and 739 00:38:52,680 --> 00:38:54,200 Speaker 1: for the U S trade deal which China, could be 740 00:38:54,239 --> 00:38:58,160 Speaker 1: delayed because of the coronavirus outbreak. And there was a clause. 741 00:38:58,520 --> 00:39:00,520 Speaker 1: I don't know if anyone, I mean blank, you'll miss it. 742 00:39:00,760 --> 00:39:02,800 Speaker 1: There was a clause in the US trying to trade 743 00:39:02,840 --> 00:39:06,200 Speaker 1: one phase deal that actually said if there were to 744 00:39:06,320 --> 00:39:09,600 Speaker 1: be a national catastrophe or something like an outbreak, that 745 00:39:09,760 --> 00:39:13,080 Speaker 1: it could inject volatility or or and and and some 746 00:39:13,120 --> 00:39:17,080 Speaker 1: new uncertainty into the trade deal. So take a deep breath, 747 00:39:17,200 --> 00:39:20,480 Speaker 1: because the trade talks are just getting started, the tariffs 748 00:39:20,520 --> 00:39:23,880 Speaker 1: are just getting started. And look Bernie and Elizabeth Warren, 749 00:39:24,480 --> 00:39:26,480 Speaker 1: uh to some other extime people to judge, they have 750 00:39:26,520 --> 00:39:28,279 Speaker 1: all said that they would use tariffs as a tool 751 00:39:28,320 --> 00:39:31,360 Speaker 1: to negotiate with these other Economies. Thank you everybody for 752 00:39:31,400 --> 00:39:33,520 Speaker 1: listening to our coverage. I hope you had at least 753 00:39:33,520 --> 00:39:35,240 Speaker 1: a little bit of fun as we caught our breath 754 00:39:35,280 --> 00:39:38,200 Speaker 1: and tried to speed through all the headlines. Much more 755 00:39:38,239 --> 00:39:40,520 Speaker 1: coming up on a busy day, busy seventy two hours 756 00:39:40,520 --> 00:39:44,040 Speaker 1: in America politics. I'm Kevin CURRELLI, Chief Washington correspondent from 757 00:39:44,040 --> 00:39:46,280 Speaker 1: Bloomberg Television and Radio. Thank you to all my friends 758 00:39:46,280 --> 00:39:48,160 Speaker 1: here in De Moines for all their help, and to 759 00:39:48,200 --> 00:39:50,400 Speaker 1: our team on the ground. You're listening to Bloomberg