1 00:00:00,400 --> 00:00:03,240 Speaker 1: Five from our nations. This budget thing is going to 2 00:00:03,320 --> 00:00:06,040 Speaker 1: do nothing space forts. I still think it's interesting President 3 00:00:06,080 --> 00:00:09,760 Speaker 1: Trump not playing his cards yet headlines Policy and Politics 4 00:00:09,800 --> 00:00:14,520 Speaker 1: colliding to sound on with Kevin's really the insiders, the influencers, 5 00:00:14,680 --> 00:00:17,520 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,520 --> 00:00:20,479 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,480 --> 00:00:22,799 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,840 --> 00:00:26,120 Speaker 1: divide within Team Trump. The President has to do exactly 9 00:00:26,160 --> 00:00:27,720 Speaker 1: what people send him here to do, which is to 10 00:00:27,720 --> 00:00:31,240 Speaker 1: get it done. Is he's sound on with Kevin Cyril 11 00:00:31,640 --> 00:00:36,400 Speaker 1: on Bloomberg one and one m h D two Boltimore. 12 00:00:37,040 --> 00:00:40,479 Speaker 1: President Trump says he's sending armed soldiers to the border 13 00:00:40,640 --> 00:00:44,280 Speaker 1: following a border incident. But will he make do on 14 00:00:44,400 --> 00:00:47,920 Speaker 1: that threat? We have the latest, plus the spotlight turns 15 00:00:47,960 --> 00:00:51,360 Speaker 1: to Stephen Moore after Herman Kane drops his bid to 16 00:00:51,440 --> 00:00:56,000 Speaker 1: join President Trump's Federal Reserve Board. As the pressure mounting 17 00:00:56,040 --> 00:00:59,840 Speaker 1: now against Stephen Moore or can he suffice and make 18 00:00:59,840 --> 00:01:03,040 Speaker 1: it over? The finish line All Star Panel today. All 19 00:01:03,040 --> 00:01:07,280 Speaker 1: of that plus full trade talk and were now just 20 00:01:07,400 --> 00:01:11,160 Speaker 1: one day away from when former Vice President Joe Biden 21 00:01:11,200 --> 00:01:13,920 Speaker 1: expected to make it official and announced that he is 22 00:01:13,920 --> 00:01:17,960 Speaker 1: in fact entering into the race. Kapri Caafarro is an 23 00:01:17,959 --> 00:01:22,120 Speaker 1: executive in residence at American University. She's former minority leader 24 00:01:22,160 --> 00:01:27,000 Speaker 1: as a Democrat in the Ohio Senate and Dr Christopher Metzler. 25 00:01:27,160 --> 00:01:31,679 Speaker 1: He is a conservative political strategist. But first President Trump 26 00:01:31,720 --> 00:01:34,240 Speaker 1: saying that he plans to send armed soldiers to the 27 00:01:34,240 --> 00:01:38,160 Speaker 1: southern U. S. Border, And of course he's blasting Mexico 28 00:01:38,240 --> 00:01:44,000 Speaker 1: for quote unquote not doing nearly enough to apprehend migrants. Uh. 29 00:01:44,080 --> 00:01:46,920 Speaker 1: He tweeted out. It all started earlier this morning on Twitter, 30 00:01:47,200 --> 00:01:50,760 Speaker 1: he said, quote Mexico soldiers recently pulled guns on our 31 00:01:50,880 --> 00:01:55,880 Speaker 1: National Guard soldiers, probably as a divisionary tactic for drug 32 00:01:55,960 --> 00:01:59,160 Speaker 1: smugglers on the border. Better not happen again. We are 33 00:01:59,200 --> 00:02:02,200 Speaker 1: now sending our armed soldiers, all caps, armed soldiers to 34 00:02:02,240 --> 00:02:05,520 Speaker 1: the border. Mexico is not doing nearly enough and apprehending 35 00:02:05,880 --> 00:02:07,520 Speaker 1: and returning. I want to start with this, and then 36 00:02:07,560 --> 00:02:10,079 Speaker 1: I want to talk Mueller with Kaprika far Oh She's 37 00:02:10,080 --> 00:02:14,120 Speaker 1: a Friend of the Program, executive in residents at American University, 38 00:02:14,120 --> 00:02:18,000 Speaker 1: a Democrat and former minority leader in the Ohio State Senate. 39 00:02:18,240 --> 00:02:22,919 Speaker 1: And Dr Christopher Metzler he is a conservative political strategist 40 00:02:23,240 --> 00:02:27,880 Speaker 1: and a seasoned conservative political operative. Your first time Mr 41 00:02:27,960 --> 00:02:31,400 Speaker 1: Metzler on the program. We welcome, Thank you. All right, So, 42 00:02:31,639 --> 00:02:37,080 Speaker 1: is President Trump really going to send armed armed soldiers 43 00:02:37,120 --> 00:02:40,639 Speaker 1: to the border. Isn't Couldn't that potentially put create a 44 00:02:40,680 --> 00:02:46,440 Speaker 1: disaster and dramatically escalate the situation? Well, I do believe that, 45 00:02:46,480 --> 00:02:50,720 Speaker 1: in fact, he is going to send um armed soldiers 46 00:02:50,760 --> 00:02:54,720 Speaker 1: to the border. Um in terms of a dramatic escalation. 47 00:02:54,960 --> 00:02:58,120 Speaker 1: And um, you know, Mexico is not doing, as the 48 00:02:58,160 --> 00:03:02,560 Speaker 1: President correctly said, all that it can do, uh to 49 00:03:03,240 --> 00:03:07,079 Speaker 1: stop the flow of migrants into this country. So at 50 00:03:07,120 --> 00:03:09,840 Speaker 1: some point, as the commander in chief, he has to 51 00:03:09,880 --> 00:03:14,399 Speaker 1: take control. Um. So that was just double checking the uh, 52 00:03:14,600 --> 00:03:17,480 Speaker 1: some of the statistics on this or the laws on this. 53 00:03:17,600 --> 00:03:20,720 Speaker 1: And if I've called correctly, and I do, Uh, there's 54 00:03:20,800 --> 00:03:24,200 Speaker 1: something called the posse connotatious Act. I can't can never 55 00:03:24,240 --> 00:03:27,240 Speaker 1: pronounce it that essentially prohibits the use of active duty 56 00:03:27,280 --> 00:03:31,880 Speaker 1: personnel to execute the laws on domestic soil. So this 57 00:03:31,960 --> 00:03:34,160 Speaker 1: has been something that's gone back and forth as far 58 00:03:34,200 --> 00:03:37,120 Speaker 1: as the legality of whether or not President Trump can 59 00:03:37,280 --> 00:03:43,000 Speaker 1: send troops to the border in order to execute domestic law, UM, 60 00:03:43,040 --> 00:03:45,760 Speaker 1: so I would survive. Um. Some of the states might 61 00:03:45,920 --> 00:03:50,360 Speaker 1: push back, places like California, whereas others, um like Texas 62 00:03:50,600 --> 00:03:53,320 Speaker 1: may not necessarily try to flex in that way and 63 00:03:53,400 --> 00:03:55,240 Speaker 1: let him do what he wants. You know, from an 64 00:03:55,240 --> 00:04:01,680 Speaker 1: economic standpoint, uh, Christopher Metzler, this really does pose some 65 00:04:01,880 --> 00:04:06,520 Speaker 1: significant economic risk, particularly for commodity traders. If you look 66 00:04:06,560 --> 00:04:10,760 Speaker 1: at the train tracks down there, as even trucking and 67 00:04:10,840 --> 00:04:13,040 Speaker 1: the training that goes on there on the border, it's 68 00:04:13,080 --> 00:04:16,720 Speaker 1: billions of dollars daily. So what do you say to 69 00:04:16,880 --> 00:04:20,880 Speaker 1: businesses who are skeptical, forget about the politics for a second, 70 00:04:21,120 --> 00:04:25,159 Speaker 1: are skeptical or a bit even uncertain about how this 71 00:04:25,320 --> 00:04:28,680 Speaker 1: crisis at the border is going to be impacting some 72 00:04:28,880 --> 00:04:31,800 Speaker 1: of their bottom lines. Well, I think for businesses, look, 73 00:04:31,880 --> 00:04:37,640 Speaker 1: the businesses are doing business in a danger zone, and 74 00:04:37,720 --> 00:04:41,479 Speaker 1: so from the standpoint of risk, they have to look 75 00:04:41,600 --> 00:04:46,479 Speaker 1: at what their risk are. Politics aside, They've got to 76 00:04:46,520 --> 00:04:50,400 Speaker 1: determine what the risk are. I mean, I think that's 77 00:04:50,400 --> 00:04:54,320 Speaker 1: actually a good point that you know, the actual um 78 00:04:54,600 --> 00:04:58,440 Speaker 1: transfer of goods over the border could potentially be at risk, 79 00:04:58,480 --> 00:05:00,400 Speaker 1: and when you are sort of put that in the 80 00:05:00,440 --> 00:05:02,880 Speaker 1: matrix of whether or not you want to do business 81 00:05:02,920 --> 00:05:06,440 Speaker 1: and actually engage in uh, you know, multinational trade. You 82 00:05:06,440 --> 00:05:08,520 Speaker 1: know you're gonna have to, um, sort of build that 83 00:05:08,600 --> 00:05:11,479 Speaker 1: into the issue because you know, you may actually get 84 00:05:11,520 --> 00:05:13,919 Speaker 1: your goods confiscated, for example. But that goes back to 85 00:05:13,920 --> 00:05:15,800 Speaker 1: the issue of you know, Trump wanted said he wanted 86 00:05:15,839 --> 00:05:18,160 Speaker 1: to close the border down. Um, and a lot of 87 00:05:18,200 --> 00:05:19,960 Speaker 1: folks pushed back as they said, oh, my goodness, what's 88 00:05:19,960 --> 00:05:23,480 Speaker 1: going to happen if he closes the border and and then, um, 89 00:05:23,640 --> 00:05:26,520 Speaker 1: we're not gonna be able to see trade across across 90 00:05:26,600 --> 00:05:29,920 Speaker 1: from Mexico into the United States and vice versa. Well, 91 00:05:29,960 --> 00:05:33,960 Speaker 1: I think from the standpoint of the closing of the border, 92 00:05:34,120 --> 00:05:37,279 Speaker 1: I think what he has said is that, in fact, 93 00:05:37,360 --> 00:05:40,520 Speaker 1: he's going to delay that He's going to see, um, 94 00:05:40,640 --> 00:05:44,920 Speaker 1: what happens in in over the course of a year, 95 00:05:45,080 --> 00:05:48,839 Speaker 1: probably less um. But I do think that, you know, 96 00:05:48,960 --> 00:05:53,200 Speaker 1: businesses look from a risk standpoint. Businesses always have to 97 00:05:53,240 --> 00:05:57,400 Speaker 1: take risk into consideration. It is part of the equation 98 00:05:57,800 --> 00:06:01,320 Speaker 1: in doing business. Alright, President, and moving on, because I mean, 99 00:06:01,360 --> 00:06:04,880 Speaker 1: the situation of the border is really going to depend 100 00:06:04,880 --> 00:06:06,599 Speaker 1: on whether or not President Trump makes good on his 101 00:06:06,640 --> 00:06:09,240 Speaker 1: word and says that he's going to close portions of 102 00:06:09,279 --> 00:06:11,520 Speaker 1: the border, and that I think is kind of where 103 00:06:11,520 --> 00:06:14,000 Speaker 1: we're at at this at this particular point. Uh. And 104 00:06:14,040 --> 00:06:15,960 Speaker 1: we we do know that that you have this divide 105 00:06:15,960 --> 00:06:20,400 Speaker 1: within the administration, uh, in terms of in terms of 106 00:06:21,520 --> 00:06:24,960 Speaker 1: various actions of the administration with Kevin mcaleen and the 107 00:06:25,040 --> 00:06:28,080 Speaker 1: acting director of the Department of Homeland Security versus the 108 00:06:28,120 --> 00:06:31,920 Speaker 1: more Stephen More Steven Miller. We're talking about seven more 109 00:06:31,960 --> 00:06:35,000 Speaker 1: coming up. Stephen Miller asked, wings the more a bandoned 110 00:06:35,000 --> 00:06:37,240 Speaker 1: asque wing of the administration. So it's going to be 111 00:06:37,279 --> 00:06:40,400 Speaker 1: interesting to see that tug and tugging. And it's not 112 00:06:40,440 --> 00:06:42,320 Speaker 1: going away. It's not going away. I thought Lesser Hall 113 00:06:42,360 --> 00:06:44,560 Speaker 1: did a great, great interview with Kevin McLean and the other. Yeah, 114 00:06:44,560 --> 00:06:47,080 Speaker 1: I mean, it's not gonna go away. And in fact, 115 00:06:47,120 --> 00:06:51,320 Speaker 1: I think the President's decision is best informed when you 116 00:06:51,520 --> 00:06:57,160 Speaker 1: have uh, competing points of view in the administration. With that, 117 00:06:57,200 --> 00:06:59,000 Speaker 1: except the fact that it seems we're having less and 118 00:06:59,080 --> 00:07:02,920 Speaker 1: less um, you know, variety when it comes to um 119 00:07:03,040 --> 00:07:06,360 Speaker 1: policy positions in the administration. Yeah, And ultimately he is 120 00:07:06,400 --> 00:07:10,320 Speaker 1: the decider, so he will ultimately make the decision. All right, 121 00:07:10,360 --> 00:07:13,240 Speaker 1: So did you see this that the President was asked 122 00:07:13,240 --> 00:07:16,520 Speaker 1: today about the Mueller investigation and all of the fallout 123 00:07:16,560 --> 00:07:19,000 Speaker 1: that's been going on, and how Democrats are going to respond. 124 00:07:19,040 --> 00:07:22,120 Speaker 1: Will they or won't they bring up articles of impeachment. 125 00:07:22,360 --> 00:07:24,840 Speaker 1: There's a divide, by the way in the Democratic Party, Kapri. 126 00:07:24,960 --> 00:07:27,360 Speaker 1: We're gonna get your take on that, uh in a second. 127 00:07:27,360 --> 00:07:31,120 Speaker 1: But here's the President Trump had to say about about 128 00:07:31,200 --> 00:07:35,360 Speaker 1: the Mueller investigation and and and whatnot. Here is it 129 00:07:35,480 --> 00:07:39,840 Speaker 1: was the most thorough investigation probably in the history of 130 00:07:39,840 --> 00:07:42,720 Speaker 1: our country. I think I read where they interviewed five 131 00:07:42,880 --> 00:07:47,800 Speaker 1: hundred people. I say, it's enough. Get back to infrastructure, 132 00:07:48,280 --> 00:07:53,120 Speaker 1: get back to cutting taxes, get back to lowering drug prices. 133 00:07:53,200 --> 00:07:56,560 Speaker 1: That's what really, that's what we should be doing, Capri. 134 00:07:56,760 --> 00:08:00,400 Speaker 1: Democratic Democrats as a democratic strategy, hate when I call 135 00:08:00,400 --> 00:08:03,760 Speaker 1: you that, because I'm not okay, But should Democrats turn 136 00:08:03,840 --> 00:08:06,400 Speaker 1: the page? I think that they have to strike a balance. 137 00:08:06,440 --> 00:08:08,560 Speaker 1: And I think that what President Trump you know, said 138 00:08:08,640 --> 00:08:10,080 Speaker 1: right there, as far as we need to focus on 139 00:08:10,120 --> 00:08:14,280 Speaker 1: things like infrastructure and reducing uh, you know, pharmaceutical prices 140 00:08:14,360 --> 00:08:17,720 Speaker 1: and and things of that nature, is the appropriate pivot um. 141 00:08:17,760 --> 00:08:20,200 Speaker 1: And I think that Democrats, to their peril, could you know, 142 00:08:20,240 --> 00:08:22,800 Speaker 1: if they don't also pivot on policy and focus on 143 00:08:22,840 --> 00:08:25,760 Speaker 1: things like healthcare, could really hurt them. At the same time, 144 00:08:25,800 --> 00:08:30,080 Speaker 1: I think that it is appropriate for the House Judiciary 145 00:08:30,120 --> 00:08:32,640 Speaker 1: Committee to bring in Robert Mueller and have him answer 146 00:08:32,760 --> 00:08:37,280 Speaker 1: some of the unanswered questions within them within that Mueller report. UM, 147 00:08:37,360 --> 00:08:40,520 Speaker 1: for example, why did he um just basically throw up 148 00:08:40,520 --> 00:08:42,760 Speaker 1: his hands and not subpoena the president, you know, outside 149 00:08:42,760 --> 00:08:44,040 Speaker 1: of the fact that he said it would drag the 150 00:08:44,040 --> 00:08:46,760 Speaker 1: investigation on, you know that sort of thing. But we 151 00:08:46,800 --> 00:08:48,760 Speaker 1: can't beat this dead horse. We've got to move Okay, 152 00:08:48,800 --> 00:08:51,760 Speaker 1: So then we should not impeach next wow. Okay, So 153 00:08:51,920 --> 00:08:54,240 Speaker 1: you don't think there should be impeachment, Absolutely not, for 154 00:08:54,240 --> 00:08:57,040 Speaker 1: a number of reasons. Number one, there's not enough there um. 155 00:08:57,160 --> 00:08:59,280 Speaker 1: Number Two, I think that it plays directly into the 156 00:08:59,280 --> 00:09:02,160 Speaker 1: hand of President Trump is being targeted UM, and it 157 00:09:02,160 --> 00:09:04,960 Speaker 1: makes Democrats look like sore losers were better off moving 158 00:09:05,000 --> 00:09:08,920 Speaker 1: on UM. And for those Democrats that are looking to impeachment, 159 00:09:09,000 --> 00:09:12,560 Speaker 1: like Elizabeth Warren and Kamala Harris UM, who I respect, 160 00:09:12,720 --> 00:09:15,439 Speaker 1: but I respectfully disagree there. I think they're just trying 161 00:09:15,480 --> 00:09:17,520 Speaker 1: to stand out in some way, shape or form. But 162 00:09:18,240 --> 00:09:20,800 Speaker 1: I mean, when you look at polls and Democratic polling 163 00:09:20,800 --> 00:09:24,880 Speaker 1: in particular. The basis is incredibly angry and incredibly mistrusting 164 00:09:24,880 --> 00:09:26,920 Speaker 1: of the administration. But let me let me ask you 165 00:09:26,960 --> 00:09:29,880 Speaker 1: this question. Next week, Speaker of the House, Nancy Pelosi, 166 00:09:30,040 --> 00:09:32,080 Speaker 1: she's going to the White House. I wish I could 167 00:09:32,080 --> 00:09:35,080 Speaker 1: be a fly on the wall and that write what 168 00:09:35,240 --> 00:09:39,680 Speaker 1: should her message be to President Trump? Because clearly, and 169 00:09:39,720 --> 00:09:43,040 Speaker 1: we've seen this throughout the past couple of months, where 170 00:09:43,080 --> 00:09:45,280 Speaker 1: he said, you know, I'm why why would I try 171 00:09:45,320 --> 00:09:47,640 Speaker 1: to work with with someone a leader of a party 172 00:09:47,640 --> 00:09:50,439 Speaker 1: who's only trying to impeach me. Well, I think that 173 00:09:50,440 --> 00:09:54,000 Speaker 1: that Speaker Pelosi has been relatively clear on her you know, 174 00:09:54,559 --> 00:09:57,280 Speaker 1: take of being very cautious around this. But what if 175 00:09:57,320 --> 00:09:59,280 Speaker 1: what happens to President Trump's in that Oval office and 176 00:09:59,320 --> 00:10:01,400 Speaker 1: he says to her, you know, wait a minute, we're 177 00:10:01,400 --> 00:10:03,160 Speaker 1: not moving forward. Unless you can't give me a hard 178 00:10:03,200 --> 00:10:06,080 Speaker 1: no that that we're not moving forward on impeachment, it's good. 179 00:10:06,120 --> 00:10:08,640 Speaker 1: I don't I don't think that. I mean, I don't 180 00:10:08,640 --> 00:10:11,920 Speaker 1: necessarily know, but I think that she probably is unlikely 181 00:10:12,080 --> 00:10:14,880 Speaker 1: to say to cut that deal. And let's not forget 182 00:10:14,960 --> 00:10:16,800 Speaker 1: there may be cameras in the room which could totally 183 00:10:16,840 --> 00:10:19,320 Speaker 1: take you know, we took the dynamic like it was 184 00:10:19,360 --> 00:10:23,880 Speaker 1: with Chuck and Nancy. Yeah. I mean for me, I 185 00:10:23,880 --> 00:10:28,240 Speaker 1: would love if Democrats decided that they wanted to impeach. 186 00:10:28,320 --> 00:10:30,839 Speaker 1: I would love that. And the reason I would love 187 00:10:30,880 --> 00:10:34,040 Speaker 1: that is it makes our entry and it makes the 188 00:10:34,080 --> 00:10:38,439 Speaker 1: presence sound re election that much easier. Look the facts 189 00:10:38,440 --> 00:10:42,240 Speaker 1: why I'm against it. The fact of the matter is 190 00:10:42,760 --> 00:10:46,800 Speaker 1: based on um Muller's report. Look, Muller made a decision 191 00:10:47,080 --> 00:10:50,200 Speaker 1: when he took the job. He knew what the constraints were, 192 00:10:50,520 --> 00:10:53,280 Speaker 1: but he took the job. He took the job, He 193 00:10:53,400 --> 00:10:57,400 Speaker 1: understand what the special counsel's um charge was. He took 194 00:10:57,400 --> 00:11:01,000 Speaker 1: the job anyway, and so no need to if Democrats 195 00:11:01,080 --> 00:11:04,320 Speaker 1: wanted to do that. Fine. Coming up, coming up, we're 196 00:11:04,320 --> 00:11:06,960 Speaker 1: gonna hear from Speaker Nancy Pelosi what she had to 197 00:11:06,960 --> 00:11:10,720 Speaker 1: say earlier today. Two reporters on the issue of whether 198 00:11:10,840 --> 00:11:14,280 Speaker 1: or not to impeach will also dive into the politics 199 00:11:14,320 --> 00:11:18,280 Speaker 1: of the Fedboard. Herman Kaine's out Can Stephen Moore survive? 200 00:11:19,120 --> 00:11:21,640 Speaker 1: We will let you know. Download the sound on podcast 201 00:11:21,679 --> 00:11:23,720 Speaker 1: at Apple it Tunes, to Bloomberg dot Com, or by 202 00:11:23,760 --> 00:11:26,679 Speaker 1: downloading the Bloomberg Business app. You can also find us 203 00:11:26,679 --> 00:11:30,160 Speaker 1: on radio dot Com, I Heart Radio, and Spotify. Panel 204 00:11:30,240 --> 00:11:35,080 Speaker 1: stays I'm Kevin Surreally. You are listening to Bloomberg one. 205 00:11:37,520 --> 00:11:41,400 Speaker 1: This is Sound On with Kevin's your Really on Bloomberg 206 00:11:42,240 --> 00:11:45,360 Speaker 1: one and one oh five point seven m h D two, Baltimore. 207 00:11:46,120 --> 00:11:49,440 Speaker 1: We will do our agenda for the people, lowering healthcare 208 00:11:49,559 --> 00:11:53,240 Speaker 1: costs by lowering the costs of prescription drugs, raising paychecks 209 00:11:53,240 --> 00:11:57,600 Speaker 1: by building infrastructure of American a greenway and cleaner government. 210 00:11:58,880 --> 00:12:03,600 Speaker 1: That was how Speaker Nancy Pelosi speaking earlier about questions 211 00:12:03,720 --> 00:12:07,360 Speaker 1: on whether or not Democrats in the House of Representatives 212 00:12:07,360 --> 00:12:11,719 Speaker 1: will move to impeach President Trump. It would face an 213 00:12:11,760 --> 00:12:15,720 Speaker 1: uphill battle, to put it mildly, to convict the president 214 00:12:15,840 --> 00:12:20,360 Speaker 1: of impeachment in a Republican controlled Senate. The votes are 215 00:12:20,440 --> 00:12:23,840 Speaker 1: not there. Uh anyway, you'll slice and dice the numbers. 216 00:12:23,880 --> 00:12:26,280 Speaker 1: And even in folks in the Republican Party in the 217 00:12:26,320 --> 00:12:29,320 Speaker 1: Senate who have been somewhat critical of President Trump, there's 218 00:12:29,360 --> 00:12:31,760 Speaker 1: only about one or two and not even they are 219 00:12:31,840 --> 00:12:34,400 Speaker 1: saying that they would get on board with the issue 220 00:12:34,559 --> 00:12:37,079 Speaker 1: of impeachment. We're talking about all that. We were also 221 00:12:37,120 --> 00:12:39,640 Speaker 1: talking about the President saying that he's going to be 222 00:12:39,760 --> 00:12:44,200 Speaker 1: sending armed soldiers to the border as a result of 223 00:12:44,200 --> 00:12:47,920 Speaker 1: the situation going on at the US Mexico border. The 224 00:12:47,960 --> 00:12:51,560 Speaker 1: economic impacts of that, all of this through the lens 225 00:12:51,559 --> 00:12:53,880 Speaker 1: of trade, of course, But I do want to want 226 00:12:53,880 --> 00:12:58,520 Speaker 1: to close out what we're hearing within the Democratic Party 227 00:12:58,559 --> 00:13:01,520 Speaker 1: on the issue of impeachment. All Star Panel with US Dr. 228 00:13:02,040 --> 00:13:08,400 Speaker 1: Christopher Metzler. He is a Republican operative. Wow, Like, if 229 00:13:08,400 --> 00:13:10,280 Speaker 1: your title is operative, what does it even mean? Like 230 00:13:10,280 --> 00:13:13,280 Speaker 1: I'm operate, Like, what are you operating? This is his 231 00:13:13,320 --> 00:13:16,240 Speaker 1: first time on the program. Well, you know, it's all 232 00:13:16,280 --> 00:13:21,440 Speaker 1: about shaping message. It's all about staying on message. Um. 233 00:13:21,559 --> 00:13:24,440 Speaker 1: And that's all the president of tweets whenever he wants. Well, 234 00:13:24,800 --> 00:13:26,720 Speaker 1: you know, the presidents of the president, we can do 235 00:13:26,800 --> 00:13:30,319 Speaker 1: his advice. Um. But from the standpoint of it's all 236 00:13:30,360 --> 00:13:34,760 Speaker 1: about making America great again. We love that. And Kapri Kafara, 237 00:13:34,840 --> 00:13:37,560 Speaker 1: who is not a democratic strategist, but she has served 238 00:13:37,600 --> 00:13:40,480 Speaker 1: in elected office. She is a I don't I just 239 00:13:40,559 --> 00:13:42,560 Speaker 1: I don't like the word pundit, and I just feel 240 00:13:42,559 --> 00:13:44,720 Speaker 1: like that's a yeah, because that's like, sure, you're like 241 00:13:44,720 --> 00:13:49,400 Speaker 1: a political animal, a democratic political animal. And the previous 242 00:13:49,880 --> 00:13:54,439 Speaker 1: State Senate minority leader. Indeed, no, I think my spirit 243 00:13:54,520 --> 00:13:59,960 Speaker 1: animal would be all right. That's another shown Democrats mean 244 00:14:00,040 --> 00:14:04,000 Speaker 1: us atarned from Speaker Pelosi Capri about the decision that 245 00:14:04,080 --> 00:14:06,760 Speaker 1: they're having to make. I spoke with about five senior 246 00:14:06,800 --> 00:14:12,360 Speaker 1: staffers yesterday to Democratic members in Congress, some folks who 247 00:14:12,360 --> 00:14:16,559 Speaker 1: will say absolutely moved toward impeachment, others who say no way. 248 00:14:16,600 --> 00:14:19,120 Speaker 1: But the bottom line is that what once was a 249 00:14:19,160 --> 00:14:22,520 Speaker 1: conversation that was only whispered about, is now out there 250 00:14:22,640 --> 00:14:26,120 Speaker 1: on the campaign trail. It's now dominating the mainstream press, 251 00:14:26,400 --> 00:14:30,680 Speaker 1: and it's now dominating political discourse all around this country. 252 00:14:30,840 --> 00:14:32,560 Speaker 1: And I think that that is one of the reasons 253 00:14:32,640 --> 00:14:36,280 Speaker 1: why Speaker Pelosi has tried to tamp down this concept 254 00:14:36,400 --> 00:14:39,600 Speaker 1: of and she hasn't worked well. But but but here's the thing, 255 00:14:39,640 --> 00:14:42,120 Speaker 1: because the media keeps talking about it, and there are 256 00:14:42,120 --> 00:14:46,680 Speaker 1: a select group of of Democrats in the House that 257 00:14:46,840 --> 00:14:48,360 Speaker 1: you know, continue to bang this drum, and then you've 258 00:14:48,360 --> 00:14:53,520 Speaker 1: got the presidential candidates. But I mean, but to say 259 00:14:53,560 --> 00:14:57,520 Speaker 1: that the entire Democratic Party is it's not working, and 260 00:14:57,640 --> 00:15:01,040 Speaker 1: some somehow the Democratic Party is what they believe and 261 00:15:01,080 --> 00:15:05,200 Speaker 1: it's gonna be really hard that like two presidential candidates 262 00:15:05,520 --> 00:15:08,760 Speaker 1: in the United States Senate where impeachment proceedings do not 263 00:15:09,120 --> 00:15:12,600 Speaker 1: originate from and a few uh, you know, House members 264 00:15:12,600 --> 00:15:16,000 Speaker 1: that are squawking, does not mean that somehow articles of 265 00:15:16,000 --> 00:15:18,440 Speaker 1: an impeachment are going to be brought. Look, Brad Sherman, 266 00:15:19,040 --> 00:15:23,160 Speaker 1: a very long serving Democratic member from California, has brought 267 00:15:23,240 --> 00:15:26,280 Speaker 1: up this resolution on impeachment every year since Trump has 268 00:15:26,320 --> 00:15:30,280 Speaker 1: been in office. It doesn't mean anything. Unfortunately, again, as 269 00:15:30,320 --> 00:15:33,440 Speaker 1: I said before, it's walking into the Republicans hands. And 270 00:15:33,480 --> 00:15:35,720 Speaker 1: the more that the issue of impeachment gets talked about 271 00:15:36,040 --> 00:15:38,520 Speaker 1: on the campaign trail in places like where I am from, 272 00:15:38,840 --> 00:15:41,080 Speaker 1: in Ohio and in the rust Belt, and we're not 273 00:15:41,120 --> 00:15:44,800 Speaker 1: talking about healthcare and jobs and and so security and medicare, solvency, 274 00:15:44,920 --> 00:15:47,920 Speaker 1: the world staff, We're going to be all right. Christopher Metzler, 275 00:15:48,440 --> 00:15:51,640 Speaker 1: a Republican operative, did you see this about how the 276 00:15:51,640 --> 00:15:53,520 Speaker 1: White House is trying to protect themselves from all of 277 00:15:53,520 --> 00:15:57,680 Speaker 1: the subpoenas that are being issued. They're using this legality 278 00:15:57,920 --> 00:16:01,200 Speaker 1: to to rebuff all of the subpoenas, whether it's for 279 00:16:01,280 --> 00:16:05,880 Speaker 1: the Trump organization or issues pertaining to how folks got 280 00:16:05,960 --> 00:16:09,640 Speaker 1: national security clearances, and and there was a letter that 281 00:16:09,760 --> 00:16:15,280 Speaker 1: was released publicly today from Treasury Secretary Stephen Venusian uh. 282 00:16:15,320 --> 00:16:18,080 Speaker 1: And this, of course is in response to House to 283 00:16:18,120 --> 00:16:23,680 Speaker 1: Oversight Chairman Elijah Cummings Uh, because they wanted tax records, 284 00:16:23,760 --> 00:16:25,880 Speaker 1: and the Democrats have been trying to get the president's 285 00:16:25,920 --> 00:16:30,360 Speaker 1: tax records even virtually since the last campaign. So according 286 00:16:30,400 --> 00:16:35,280 Speaker 1: to the administration, they don't need to comply with these subpoenas. 287 00:16:35,320 --> 00:16:39,760 Speaker 1: Christopher Messler, Republican Operative because there is quote unquote no 288 00:16:40,240 --> 00:16:44,800 Speaker 1: legitimate legislative purpose. So this is like a really wonky 289 00:16:44,920 --> 00:16:50,200 Speaker 1: inside lawyery legally type of reasoning to say, we don't 290 00:16:50,240 --> 00:16:53,680 Speaker 1: have to do this because there's no legitimate legislative purpose. 291 00:16:55,000 --> 00:16:59,480 Speaker 1: And they're okay, but could this not bite Republicans when 292 00:17:00,040 --> 00:17:03,720 Speaker 1: if the roles are ever reversed. Well, I mean, look 293 00:17:03,800 --> 00:17:08,320 Speaker 1: anything by the other party, but for me, as an 294 00:17:08,320 --> 00:17:13,119 Speaker 1: Oxford Train constitutional lawyer, I gotta tell you they are 295 00:17:13,160 --> 00:17:16,080 Speaker 1: a hundred percent correct. Okay, So then why why what 296 00:17:16,160 --> 00:17:19,120 Speaker 1: was the legislative purpose to get Hillary Clinton's emails? Well, 297 00:17:19,200 --> 00:17:23,000 Speaker 1: the legislative purpose to get her emails was relative to 298 00:17:23,200 --> 00:17:26,320 Speaker 1: Benghazi and a number of other things. And I think 299 00:17:26,359 --> 00:17:28,600 Speaker 1: that to the defense of all of this. I actually 300 00:17:28,600 --> 00:17:30,880 Speaker 1: think that the issue here has to do with there 301 00:17:31,040 --> 00:17:34,040 Speaker 1: is statutory authority of the House Ways and Means Committee 302 00:17:34,040 --> 00:17:36,399 Speaker 1: to be able to get basically anything from the I 303 00:17:36,520 --> 00:17:39,879 Speaker 1: R S. Henceforth, the argument is you in order to 304 00:17:40,080 --> 00:17:42,880 Speaker 1: execute that that role on behalf of the House Ways 305 00:17:42,880 --> 00:17:45,280 Speaker 1: and Means Committee specifically, you need to have some kind 306 00:17:45,280 --> 00:17:48,119 Speaker 1: of legislative problem, of which they do not have issue. 307 00:17:48,560 --> 00:17:52,600 Speaker 1: They don't Wow, they don't have the legislative purpose if 308 00:17:52,640 --> 00:17:54,720 Speaker 1: they have the legislative I mean, that's I mean, I 309 00:17:54,760 --> 00:17:59,040 Speaker 1: think that is like situation that is a correct all right, 310 00:17:59,080 --> 00:18:01,439 Speaker 1: coming up, we're gonna say, with the legislative purposes, what 311 00:18:01,520 --> 00:18:05,600 Speaker 1: the Fed purposes for Stephen Moore? Can he survive? Ken? 312 00:18:05,640 --> 00:18:08,639 Speaker 1: Stephen Moore survive? I'm gonna ask our panel panel stays. 313 00:18:08,680 --> 00:18:13,159 Speaker 1: Download the Sound On podcast on Apple iTunes, at Bloomberg 314 00:18:13,200 --> 00:18:16,520 Speaker 1: dot com, or by downloading the Bloomberg Business app. Check 315 00:18:16,600 --> 00:18:20,480 Speaker 1: us out on Radio dot com, I Heart Radio and Spotify. 316 00:18:20,520 --> 00:18:27,960 Speaker 1: I'm Kevin Serelli. Thanks for listening. It's Bloomberg. This is 317 00:18:28,040 --> 00:18:32,640 Speaker 1: Sound On with Kevin Currelate on Bloomberg one and one 318 00:18:32,640 --> 00:18:35,119 Speaker 1: oh five point seven of m h D two Baltimore. 319 00:18:36,000 --> 00:18:38,760 Speaker 1: I love that song, Matt Kearney, such a great song. 320 00:18:38,800 --> 00:18:41,879 Speaker 1: When is he going on tour? I'm Kevin Serelli, Bloomberg 321 00:18:41,960 --> 00:18:45,840 Speaker 1: TV and Bloomberg Radio Chief Washington correspondent. We are talking 322 00:18:45,920 --> 00:18:50,399 Speaker 1: all things politics and policy, including of course the president's 323 00:18:50,400 --> 00:18:53,600 Speaker 1: tweets earlier today in which he said he was going 324 00:18:53,640 --> 00:18:58,600 Speaker 1: to be sending armed soldiers to the US Mexico border. 325 00:18:58,760 --> 00:19:03,320 Speaker 1: The saga continues, and of course Democrats still grappling on 326 00:19:03,320 --> 00:19:08,520 Speaker 1: whether or not to bring articles of impeachment against President Trump. 327 00:19:08,640 --> 00:19:13,359 Speaker 1: This on the eve of a reset in the presidential race. 328 00:19:13,800 --> 00:19:17,359 Speaker 1: Former Vice President Joe Biden largely expected to make an 329 00:19:17,359 --> 00:19:20,760 Speaker 1: official tomorrow to say that he's throwing his name in 330 00:19:20,800 --> 00:19:24,160 Speaker 1: a very crowded field. How was that going to reshape 331 00:19:24,640 --> 00:19:28,400 Speaker 1: not just the politics, but the policy, The policy impact 332 00:19:28,560 --> 00:19:35,200 Speaker 1: zones all across this country, including in Ohio, where our Youngstown, Ohio, 333 00:19:35,280 --> 00:19:40,320 Speaker 1: where our panelist Kapri Kafaro has once represented as a Democrat, 334 00:19:40,640 --> 00:19:44,639 Speaker 1: serving as the former minority leader in the Ohio State Senate. 335 00:19:44,720 --> 00:19:48,000 Speaker 1: She is an executive in residence now at American University. 336 00:19:48,040 --> 00:19:52,280 Speaker 1: Always found on Fox News and Dr Christopher Metzler. He 337 00:19:52,400 --> 00:19:57,160 Speaker 1: is a conservative political strategist, having previously worked in several administrations, 338 00:19:57,200 --> 00:20:03,240 Speaker 1: including advising former Secretary of State Condeliza Rice. I want 339 00:20:03,240 --> 00:20:08,119 Speaker 1: to stick with FED policy because this week Herman Kine, 340 00:20:08,640 --> 00:20:12,000 Speaker 1: remember him, Herman Kine. I know you are a close 341 00:20:12,040 --> 00:20:16,800 Speaker 1: friend of Mr Metzler. Ah, he withdrew his name from 342 00:20:16,960 --> 00:20:21,679 Speaker 1: the FED Board race. Why well, because you know, I think, look, 343 00:20:22,040 --> 00:20:26,120 Speaker 1: as Herman said, you know the factors. He can make 344 00:20:26,200 --> 00:20:29,680 Speaker 1: more money doing what he's doing now rather than being 345 00:20:29,800 --> 00:20:32,000 Speaker 1: a member of the FED Board. I mean, look, I'm 346 00:20:32,040 --> 00:20:34,600 Speaker 1: a I mean I like capitalism as much as anybody, 347 00:20:34,760 --> 00:20:38,240 Speaker 1: but but I mean I like the public service. I mean, 348 00:20:38,280 --> 00:20:42,440 Speaker 1: isn't there a calling, a calling that people have Christopher 349 00:20:42,440 --> 00:20:46,720 Speaker 1: Metzler republican operative in which you would want to serve 350 00:20:46,800 --> 00:20:52,040 Speaker 1: maybe take a breather for making cash? No, well, you 351 00:20:52,119 --> 00:20:54,119 Speaker 1: know he must have some sort of public service. But 352 00:20:54,320 --> 00:20:58,399 Speaker 1: because he obviously did run for Yeah, he does, I 353 00:20:58,440 --> 00:21:01,080 Speaker 1: mean he does, but this is not the right bug 354 00:21:01,119 --> 00:21:03,359 Speaker 1: at the right time. He just decided, you know what, 355 00:21:04,119 --> 00:21:07,080 Speaker 1: I've had enough of this. I'm just gonna continue making capital. 356 00:21:07,160 --> 00:21:11,240 Speaker 1: How Secretary Carson doing. Secretary Carson is doing very well, 357 00:21:11,280 --> 00:21:14,120 Speaker 1: all right, speaking of folks, maybe maybe want to make 358 00:21:14,160 --> 00:21:18,240 Speaker 1: some capital. Uh, Stephen Moore. How does Herman Kaine's austing, 359 00:21:18,960 --> 00:21:21,840 Speaker 1: I'm gonna call it a austing. How does that impact 360 00:21:21,960 --> 00:21:25,760 Speaker 1: Stephen Moore's chances at all? Because there's been so many 361 00:21:25,920 --> 00:21:29,719 Speaker 1: different UH controversies now or tricklings that have come out. 362 00:21:29,760 --> 00:21:32,320 Speaker 1: Do you think Stephen Moore can can beat UH at 363 00:21:32,320 --> 00:21:35,240 Speaker 1: the FED Board? Yeah, I definitely think so. We don't 364 00:21:35,280 --> 00:21:37,959 Speaker 1: have Republicans who have come out in the Senate and 365 00:21:38,000 --> 00:21:42,840 Speaker 1: said they're going to vote against UH Steven Moore. We 366 00:21:43,000 --> 00:21:45,960 Speaker 1: did have that in Herman Kaine's case. We don't have 367 00:21:46,040 --> 00:21:49,720 Speaker 1: that at this point. I think Stephen Moore, UM, we'll 368 00:21:49,840 --> 00:21:52,600 Speaker 1: make it through the confirmation process and will be a 369 00:21:52,720 --> 00:21:58,119 Speaker 1: member of the FED. UM. I think that the calculus 370 00:21:58,160 --> 00:22:01,240 Speaker 1: is probably right there. Um. You know, I mean, obviously, 371 00:22:01,240 --> 00:22:03,960 Speaker 1: Steven Stephen Moore is the one of the founders of 372 00:22:04,000 --> 00:22:06,960 Speaker 1: the Club for Growth, something that's very popular amongst uh, 373 00:22:07,000 --> 00:22:10,439 Speaker 1: you know, many Republicans, and and as you noted, you know, 374 00:22:10,520 --> 00:22:13,679 Speaker 1: we're not in a situation where there are Republican senators 375 00:22:13,680 --> 00:22:17,040 Speaker 1: saying that they wouldn't UH confirms UH, you know, in 376 00:22:17,040 --> 00:22:19,440 Speaker 1: this in this case. But I think he is gonna 377 00:22:19,560 --> 00:22:21,560 Speaker 1: you know, he's haying right now in the press he's 378 00:22:21,600 --> 00:22:25,040 Speaker 1: being quote unquote kavanad um, you know, because of some 379 00:22:25,080 --> 00:22:27,359 Speaker 1: of these things that he has said previously about women 380 00:22:27,440 --> 00:22:31,600 Speaker 1: not being able to be UH coaches for sports, and 381 00:22:31,640 --> 00:22:35,400 Speaker 1: I guess some other, you know, issues surrounding his divorce 382 00:22:35,520 --> 00:22:38,560 Speaker 1: or separations. So you know, I think he'll be dragged 383 00:22:38,560 --> 00:22:40,320 Speaker 1: through the mud. But will he ultimately end up on 384 00:22:40,359 --> 00:22:43,320 Speaker 1: the FED Probably? Sure. He's from the conservative Club for Growth. 385 00:22:43,359 --> 00:22:46,000 Speaker 1: If you look at the Senate Banking Committee in particular, 386 00:22:46,320 --> 00:22:49,080 Speaker 1: I think Senator Romney likes the Club for Growth. He's 387 00:22:49,119 --> 00:22:51,959 Speaker 1: a member of the Senate Banking Committee. I think Chairman 388 00:22:52,040 --> 00:22:55,480 Speaker 1: Craipo is seemingly short. His rhetoric is moving in there 389 00:22:55,760 --> 00:22:59,080 Speaker 1: and moving in the trending positive direction. The thing about 390 00:22:59,119 --> 00:23:00,760 Speaker 1: Stephen Moore is going to be how is he going 391 00:23:00,800 --> 00:23:04,520 Speaker 1: to face that confirmation hearing? Exactly? How is Senator Elizabeth 392 00:23:04,560 --> 00:23:08,359 Speaker 1: Woren a member of this committee when she's sit then 393 00:23:08,440 --> 00:23:11,680 Speaker 1: Kamala Harris, I believe, how are they going They're going 394 00:23:11,720 --> 00:23:15,280 Speaker 1: to grill him? Well, you know they're gonna grill him. 395 00:23:15,359 --> 00:23:19,720 Speaker 1: I'm sure, Um, you know, any nominee goes through what 396 00:23:19,760 --> 00:23:23,920 Speaker 1: we call murder boards, and I'm sure he would be 397 00:23:24,000 --> 00:23:27,760 Speaker 1: ready to present his responses. Are they gonna grill him? Yes? 398 00:23:28,280 --> 00:23:34,520 Speaker 1: Is that grilling going to ultimately result in his demise? No? Um? 399 00:23:34,560 --> 00:23:36,840 Speaker 1: And I think that's where we are. The person's made 400 00:23:36,880 --> 00:23:39,520 Speaker 1: clear this is who he wants for the position, and 401 00:23:39,560 --> 00:23:41,479 Speaker 1: I think that's how we're going to move forward. All right, 402 00:23:41,520 --> 00:23:45,439 Speaker 1: moving forward, we're gonna talk panel, stays Dr Chritzopher Metzler, 403 00:23:45,560 --> 00:23:51,280 Speaker 1: conservative political strategist previously working under Secretary of State Condoleeza 404 00:23:51,400 --> 00:23:55,439 Speaker 1: Rice Capri Cafarro, executive and residents at American University, and 405 00:23:55,560 --> 00:23:59,159 Speaker 1: former minority leader as a Democrat in the Ohio Senate. 406 00:23:59,200 --> 00:24:02,240 Speaker 1: Also a very good baker, but she has yet refused 407 00:24:02,560 --> 00:24:06,760 Speaker 1: to show up any Kenny food anytime she comes to 408 00:24:06,840 --> 00:24:09,720 Speaker 1: visit her Bloomberg friends. You can download the sound on 409 00:24:09,840 --> 00:24:13,239 Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by 410 00:24:13,280 --> 00:24:15,960 Speaker 1: downloading the Bloomberg Business app. You can also find us 411 00:24:15,960 --> 00:24:19,280 Speaker 1: on Radio dot com, I Heart Radio, and Spotify. Are 412 00:24:19,320 --> 00:24:23,240 Speaker 1: you enjoying congressional recess as much as I am? Kevin Sirelli, 413 00:24:23,280 --> 00:24:29,120 Speaker 1: you're listening to Bloomber. You're listening to Sound On with 414 00:24:29,200 --> 00:24:34,159 Speaker 1: Kevin Surreally on Bloomberg one and one seven m h 415 00:24:34,320 --> 00:24:42,560 Speaker 1: D two. Boltemore officially finally gets official, officially sort of tomorrow. 416 00:24:42,600 --> 00:24:44,040 Speaker 1: I mean, I feel like we've been talking about the 417 00:24:44,440 --> 00:24:48,840 Speaker 1: ramp up to the presidential race for Edburgh, but former 418 00:24:48,920 --> 00:24:53,160 Speaker 1: Vice President Joe Biden no doubt has the largest name 419 00:24:53,200 --> 00:24:57,120 Speaker 1: recognition in the crowded democratic field. He is a likely 420 00:24:57,480 --> 00:25:01,439 Speaker 1: going to have. He's likely going to make it official 421 00:25:01,480 --> 00:25:03,840 Speaker 1: tomorrow when he formerly on bails that he's going to 422 00:25:03,920 --> 00:25:06,080 Speaker 1: be announcing did you guys see this? And I'm gonna 423 00:25:06,119 --> 00:25:09,360 Speaker 1: ask our all star panel? Kapri Kafaro, executive and residents 424 00:25:09,359 --> 00:25:13,440 Speaker 1: at American University and former minority leader in the Ohio Senate. Sorry, 425 00:25:13,440 --> 00:25:20,560 Speaker 1: I like sped through your You know, I always feel 426 00:25:20,600 --> 00:25:22,520 Speaker 1: bad when I go through the titles because I like 427 00:25:22,800 --> 00:25:31,320 Speaker 1: I'm like and Dr Christopher Metzler, conservative political strategists. It's 428 00:25:31,320 --> 00:25:34,439 Speaker 1: his first time on the program. A friend of Dena Bass, 429 00:25:34,600 --> 00:25:36,840 Speaker 1: any friend of Dina Bass is a friend of mine. 430 00:25:37,320 --> 00:25:39,320 Speaker 1: We're thrilled to have you here. He previously served in 431 00:25:39,320 --> 00:25:42,080 Speaker 1: the Bush administration under as a special assistant to his 432 00:25:42,320 --> 00:25:46,400 Speaker 1: former Secretary of State Condoleeza Rice. You also advise celebrities. 433 00:25:47,440 --> 00:25:51,200 Speaker 1: Can you tell us who know? In my spare time? 434 00:25:53,440 --> 00:25:55,880 Speaker 1: That would be so I wonder if any of those 435 00:25:55,880 --> 00:25:59,400 Speaker 1: celebrities would ever run for office. Interesting moving on though, 436 00:25:59,600 --> 00:26:04,840 Speaker 1: and the that we have ahead Democratic presidential primary field, 437 00:26:05,000 --> 00:26:08,400 Speaker 1: there's already these back and forth reports. The Washington Examiner 438 00:26:08,520 --> 00:26:11,400 Speaker 1: reported that the McCain's were going to endorse the Bidens, 439 00:26:11,640 --> 00:26:14,920 Speaker 1: and now Cindy McCain is brushing that off, and all 440 00:26:15,040 --> 00:26:18,720 Speaker 1: I mean, I I just I get I'm gonna be 441 00:26:19,040 --> 00:26:23,880 Speaker 1: very interested to watch the rollout of Joe Biden because 442 00:26:24,320 --> 00:26:27,200 Speaker 1: he is someone who has crafted his political career off 443 00:26:27,240 --> 00:26:30,399 Speaker 1: of being off the cuff of pretty much like a Trump. 444 00:26:30,400 --> 00:26:34,000 Speaker 1: It's very Trumpian in many ways, and it sounds like 445 00:26:34,040 --> 00:26:37,760 Speaker 1: it's this controlled launch Capri. They've got a video and 446 00:26:37,800 --> 00:26:40,760 Speaker 1: then he's gonna have a rally. It feels very not 447 00:26:41,000 --> 00:26:44,800 Speaker 1: Joe Biden. It's gonna be really interesting to see. I 448 00:26:44,840 --> 00:26:47,120 Speaker 1: agree with you. I think that part of they they've 449 00:26:47,119 --> 00:26:49,400 Speaker 1: already kind of stepped on themselves, and I think they're 450 00:26:49,400 --> 00:26:53,000 Speaker 1: trying to undo that because they had originally UH talked 451 00:26:53,040 --> 00:26:57,240 Speaker 1: about doing the launch in Charlottesville, Virginia, UM where you know, 452 00:26:57,280 --> 00:27:00,320 Speaker 1: there was some individuals that died when they had the 453 00:27:00,320 --> 00:27:04,640 Speaker 1: big like white nationalist UH demonstrations about two years ago, 454 00:27:04,720 --> 00:27:08,040 Speaker 1: and Trump's first year in office, and so they decided 455 00:27:08,080 --> 00:27:10,080 Speaker 1: that that would be ghost as my grandma would say. 456 00:27:10,119 --> 00:27:12,919 Speaker 1: And so now they're, um, you know, doing this this 457 00:27:13,119 --> 00:27:16,480 Speaker 1: controlled as you said video, which actually is that Bernie 458 00:27:16,560 --> 00:27:19,919 Speaker 1: Sanders did a video as well. You know. Well, I 459 00:27:20,000 --> 00:27:22,280 Speaker 1: actually have some theories on that because I actually think 460 00:27:22,320 --> 00:27:24,560 Speaker 1: that Biden is falling into the same pitfalls as Hillary 461 00:27:24,600 --> 00:27:27,920 Speaker 1: Clinton had as well. Well, okay, so I also think 462 00:27:27,960 --> 00:27:32,240 Speaker 1: that because we are all political junkies. Christopher us A 463 00:27:32,280 --> 00:27:36,640 Speaker 1: christ or Christopher Christopher, Christopher Christopher were all political junkies, 464 00:27:36,720 --> 00:27:38,720 Speaker 1: I don't think most Americans and either party are going 465 00:27:38,760 --> 00:27:41,199 Speaker 1: to be like, oh he released a video, Oh he 466 00:27:41,240 --> 00:27:44,640 Speaker 1: didn't release he did. Nobody care, no one even I mean, 467 00:27:44,680 --> 00:27:47,080 Speaker 1: I will say, Senator Cloba charge rollout with the whole 468 00:27:47,119 --> 00:27:50,040 Speaker 1: like that was kind of I mean, I laughed, and 469 00:27:50,119 --> 00:27:52,280 Speaker 1: Senator Cloba char I actually think it is going to 470 00:27:52,359 --> 00:27:55,600 Speaker 1: go very far in this. But Biden, how does he 471 00:27:56,680 --> 00:27:59,720 Speaker 1: reshape the dynamic from a Republican perspective? Well, I don't 472 00:27:59,720 --> 00:28:03,240 Speaker 1: think he does. I mean from my perspective. Listen, there 473 00:28:03,240 --> 00:28:08,080 Speaker 1: what now twenty people, um, including the mayor of Marma, Florida, 474 00:28:08,200 --> 00:28:12,119 Speaker 1: UM running for the I don't think Biden changes the 475 00:28:12,160 --> 00:28:16,600 Speaker 1: equation at all. I think from a Republican perspective, there 476 00:28:16,640 --> 00:28:23,320 Speaker 1: are no candidates who can beat president, but who gives 477 00:28:23,320 --> 00:28:28,120 Speaker 1: you the most pause? None of them seriously. From now now, 478 00:28:28,119 --> 00:28:31,040 Speaker 1: it's been on our business executive has okay? How does 479 00:28:31,119 --> 00:28:35,159 Speaker 1: Biden's entry into the race reset the forecast of the 480 00:28:35,200 --> 00:28:38,920 Speaker 1: policy debate that business leaders from a trade perspective? From 481 00:28:38,920 --> 00:28:42,800 Speaker 1: a business bottom line, does he mark a goal post 482 00:28:42,960 --> 00:28:46,920 Speaker 1: in the middle and maybe is a magnet back towards 483 00:28:46,920 --> 00:28:51,000 Speaker 1: center centerism? Well, I think he's gonna try to do that. 484 00:28:51,040 --> 00:28:53,040 Speaker 1: But I can tell you, as someone who owns a 485 00:28:53,120 --> 00:28:57,520 Speaker 1: number of businesses, I will never vote for Biden because 486 00:28:57,560 --> 00:29:01,760 Speaker 1: I think Trump from a business inspective is the best 487 00:29:01,920 --> 00:29:05,800 Speaker 1: candidate available. From your perspective, caprie on issues like trade, 488 00:29:05,840 --> 00:29:09,280 Speaker 1: on issues like UM, on issues like who's nominated the fedboard? 489 00:29:09,280 --> 00:29:14,160 Speaker 1: How does how does Biden's entrance uh make Biden is 490 00:29:14,240 --> 00:29:17,360 Speaker 1: true to himself and doesn't try to redefine himself and 491 00:29:18,200 --> 00:29:21,840 Speaker 1: you know and and apologize for forty years of of uh, 492 00:29:21,880 --> 00:29:25,280 Speaker 1: you know, being in government and actually is who he is. 493 00:29:25,320 --> 00:29:27,520 Speaker 1: From a policy perspective, I think that it does, you know, 494 00:29:27,600 --> 00:29:30,720 Speaker 1: reset and create a contrast with Elizabeth the Elizabeth Warrens 495 00:29:30,960 --> 00:29:33,520 Speaker 1: and Bernie Sanders of the world. I think the question becomes, 496 00:29:34,200 --> 00:29:38,080 Speaker 1: does he does Joe Biden try to lurch further to 497 00:29:38,160 --> 00:29:41,640 Speaker 1: the left, or is does he recognize that he has 498 00:29:41,720 --> 00:29:44,560 Speaker 1: access to that quote unquote center lane and that is 499 00:29:44,680 --> 00:29:46,880 Speaker 1: his only option because the rest of it is too 500 00:29:46,920 --> 00:29:51,080 Speaker 1: crowd and the center lane doesn't tweet that. Why don't 501 00:29:51,160 --> 00:29:53,920 Speaker 1: centers tweet? That's a really good question, Okay, speaking is 502 00:29:53,960 --> 00:29:57,480 Speaker 1: someone who I call myself a militant moderate US militant 503 00:29:57,760 --> 00:30:01,160 Speaker 1: wig exactly own you for very long time and for 504 00:30:01,200 --> 00:30:05,720 Speaker 1: the record, world I have never heard referred to herself 505 00:30:05,760 --> 00:30:11,040 Speaker 1: as a militant moderate. What does that even mean? Exactly? Well, no, 506 00:30:11,120 --> 00:30:13,760 Speaker 1: it's it's like I don't even want to know, but 507 00:30:14,600 --> 00:30:17,000 Speaker 1: it's it's just kind of funny because you think moderates 508 00:30:17,000 --> 00:30:21,120 Speaker 1: are just milk toasts and you know, we're probably you know, 509 00:30:21,200 --> 00:30:25,720 Speaker 1: but you know, militant implies like military now militant. It 510 00:30:25,840 --> 00:30:30,160 Speaker 1: just I just I just see, I don't know, like yeah, whatever, whatever. 511 00:30:33,600 --> 00:30:37,640 Speaker 1: But look, I do agree that basically moderates and centrists 512 00:30:37,680 --> 00:30:41,320 Speaker 1: need to be more vocal because it is the very 513 00:30:41,400 --> 00:30:45,480 Speaker 1: loud fringes that are defining who the parties are right now, 514 00:30:45,600 --> 00:30:48,920 Speaker 1: and they're eclipsing the reality of you know, many moderate 515 00:30:48,960 --> 00:30:52,480 Speaker 1: members of the House that actually flipped districts from red 516 00:30:52,520 --> 00:30:55,239 Speaker 1: to blue in this last you know, midterm election. And 517 00:30:55,360 --> 00:30:57,880 Speaker 1: if we don't speak up, but it's hard to speak 518 00:30:58,880 --> 00:31:02,400 Speaker 1: as a moderate, you know, in nuance, in you know, 519 00:31:02,600 --> 00:31:05,440 Speaker 1: in the room you have on Twitter. It's tough, all right, well, 520 00:31:05,440 --> 00:31:09,680 Speaker 1: and and and but we're focusing a lot on the 521 00:31:09,680 --> 00:31:12,960 Speaker 1: presidential race. I think we also need to look at 522 00:31:13,000 --> 00:31:17,640 Speaker 1: the House races. And Joe Crawley was on he earlier 523 00:31:17,680 --> 00:31:20,320 Speaker 1: this week on our program, and he lost, of course 524 00:31:20,320 --> 00:31:23,120 Speaker 1: to your Congresswoman Alexandria Cassio Cortez. And he made the 525 00:31:23,160 --> 00:31:25,280 Speaker 1: same points that you guys are making, which is, look, 526 00:31:25,320 --> 00:31:27,840 Speaker 1: he lost to a Democratic socialist, but most of the 527 00:31:27,880 --> 00:31:31,440 Speaker 1: Democrats who won are kind of in that more moderate 528 00:31:31,480 --> 00:31:34,600 Speaker 1: suburban lane. Coming up this week, we've got about two 529 00:31:34,640 --> 00:31:36,720 Speaker 1: minutes left, and I want to put some stuff on 530 00:31:36,720 --> 00:31:40,600 Speaker 1: our radar for what's ahead. Japanese Prime Minister Shinzo Abe 531 00:31:40,720 --> 00:31:44,120 Speaker 1: he's going to be at the White House on Friday. 532 00:31:44,280 --> 00:31:47,400 Speaker 1: This comes, of course, as Chinese President Shi Jing Ping 533 00:31:47,600 --> 00:31:52,480 Speaker 1: is continuing his Asian tour with the Asia one Road 534 00:31:52,520 --> 00:31:55,760 Speaker 1: one Belt one Road initiative. So there's a lot of 535 00:31:55,960 --> 00:31:58,560 Speaker 1: jockey and going on with Mr Abbe as he's here 536 00:31:58,600 --> 00:32:01,120 Speaker 1: in the US and Kim, did you see this? This 537 00:32:01,160 --> 00:32:02,760 Speaker 1: is important. I don't think this has gotten a lot 538 00:32:02,800 --> 00:32:07,520 Speaker 1: of chatter. Kim Jong n is UH with Vladimir Putin, 539 00:32:08,000 --> 00:32:10,080 Speaker 1: and in fact, Kim Jong un is grappling for a 540 00:32:10,080 --> 00:32:12,160 Speaker 1: way out of his stalemate in nuclear talks with the 541 00:32:12,160 --> 00:32:16,160 Speaker 1: Trump administration as he meets with Russian President Vladimir Putin 542 00:32:16,240 --> 00:32:19,600 Speaker 1: for the first time on Thursday. Bottom line though on 543 00:32:19,640 --> 00:32:21,800 Speaker 1: the issue of Kim Jong un will dive into this tomorrow, 544 00:32:22,160 --> 00:32:24,400 Speaker 1: is that he has been normalized. Whether or not you 545 00:32:24,400 --> 00:32:27,840 Speaker 1: agree with the normalization, he is normalized, and that means 546 00:32:28,600 --> 00:32:33,000 Speaker 1: that he's talking. He is talking to the US. UH. 547 00:32:33,200 --> 00:32:35,280 Speaker 1: That makes it interesting. I want to thank Christopher Metzler. 548 00:32:35,320 --> 00:32:37,520 Speaker 1: I also want to thank kaprekafar. Oh that's it for me. 549 00:32:37,920 --> 00:32:44,840 Speaker 1: I'm Kevin SERRELLI you are listening to Bloomberg one