1 00:00:00,120 --> 00:00:04,680 Speaker 1: Politics, policy and perspective from DC's top names. So, even 2 00:00:04,680 --> 00:00:07,800 Speaker 1: though I won't be your nominee, I remain deeply committed 3 00:00:07,880 --> 00:00:11,119 Speaker 1: to Pennsylvania and to the United States. Premaricans President is 4 00:00:11,200 --> 00:00:14,160 Speaker 1: encouraged by the discussions that are happening currently in the 5 00:00:14,200 --> 00:00:17,880 Speaker 1: Senate and it shows the urgency. Bloomberg Sound On with 6 00:00:18,040 --> 00:00:23,880 Speaker 1: Joe Matthew on Bloomberg Radio. Boris Johnson survives the confidence vote, 7 00:00:24,079 --> 00:00:27,800 Speaker 1: but the rebellion was larger than many expected. Welcome to 8 00:00:27,840 --> 00:00:30,280 Speaker 1: the fastest hour in politics. Will get the latest from 9 00:00:30,280 --> 00:00:34,479 Speaker 1: London for you. Discussed with David Smith, Washington correspondence at 10 00:00:34,520 --> 00:00:38,840 Speaker 1: the Guardian. Lawmakers are back in the bubble back in Washington, 11 00:00:38,960 --> 00:00:42,200 Speaker 1: and so is talk of reconciliation. It's been a while, 12 00:00:42,360 --> 00:00:45,400 Speaker 1: possibly on guns, possibly on inflation. We're going to discuss 13 00:00:45,440 --> 00:00:49,159 Speaker 1: that ahead with Ed Mills, Washington Policy Analysts managing partner 14 00:00:49,200 --> 00:00:54,160 Speaker 1: Raymond James. Seven states holding primaries tomorrow, including California. Jack Pitney, 15 00:00:54,160 --> 00:00:56,680 Speaker 1: the political scientist from Claire Mott McKenna College, will help 16 00:00:56,720 --> 00:01:00,120 Speaker 1: us understand why the race for mayor of l a 17 00:01:00,920 --> 00:01:03,400 Speaker 1: has become one of the most expensive, if not the 18 00:01:03,560 --> 00:01:07,080 Speaker 1: most expensive, in the country. Our signature panels in place. 19 00:01:07,080 --> 00:01:11,720 Speaker 1: Bloomberg Politics contributors Jeanie Chanzano and Rick Davis with analysis 20 00:01:11,800 --> 00:01:15,480 Speaker 1: on these stories. Boris Johnson will wake up tomorrow as 21 00:01:15,480 --> 00:01:19,080 Speaker 1: Prime Minister once again, but he may be thinking about 22 00:01:19,080 --> 00:01:21,679 Speaker 1: a new approach. I don't know. After surviving a confidence 23 00:01:21,760 --> 00:01:25,240 Speaker 1: vote by less than well he likely had hoped, it 24 00:01:25,360 --> 00:01:27,000 Speaker 1: was said of more than a hundred and thirty three 25 00:01:27,080 --> 00:01:29,840 Speaker 1: MPs voted against Johnson today, he may have bigger problems 26 00:01:29,840 --> 00:01:35,080 Speaker 1: than he realized, certainly bigger than Theresa May faced turned 27 00:01:35,080 --> 00:01:38,080 Speaker 1: out a hundred and forty eight voted against him. Let's 28 00:01:38,080 --> 00:01:41,319 Speaker 1: get a bit of perspective here. Political perspective from David Smith, 29 00:01:41,360 --> 00:01:44,319 Speaker 1: the Washington correspondent for The Guardian. It's great to have 30 00:01:44,360 --> 00:01:46,360 Speaker 1: you on a busy day, David. Is this suggests the 31 00:01:46,440 --> 00:01:49,320 Speaker 1: tally here, the size of the rebellion suggests that Boris 32 00:01:49,400 --> 00:01:55,400 Speaker 1: Johnson maybe nearing the end of his time as Prime minister. Yes, 33 00:01:55,480 --> 00:01:58,440 Speaker 1: quite possibly. I think it is a bitter disappointment for 34 00:01:58,560 --> 00:02:05,560 Speaker 1: Johnson that that total of one d conservative MP's voting 35 00:02:05,600 --> 00:02:08,200 Speaker 1: to remove him from office and not enough to do 36 00:02:08,240 --> 00:02:13,000 Speaker 1: it mathematically, but it's it is quite a body blow. 37 00:02:13,080 --> 00:02:16,079 Speaker 1: And I noticed um for example, David Lammy, who's the 38 00:02:16,120 --> 00:02:21,079 Speaker 1: shadow Foreign Secretary, a labor MP, pointing out this is 39 00:02:21,120 --> 00:02:24,960 Speaker 1: actually a worse percentage for Boris Johnson than for past 40 00:02:25,080 --> 00:02:28,760 Speaker 1: Tory Prime ministers Margaret Thatcher, Theresa May and John Major, 41 00:02:29,040 --> 00:02:31,680 Speaker 1: none of whom lasted very long. And so Lammy writes 42 00:02:31,720 --> 00:02:35,480 Speaker 1: on Twitter, Boris Johnson is a dead man walking. He's 43 00:02:35,520 --> 00:02:38,440 Speaker 1: got to go. And I think quite a few people 44 00:02:39,160 --> 00:02:41,800 Speaker 1: saying that and agreeing with that, and I would agree 45 00:02:41,800 --> 00:02:44,320 Speaker 1: with that, but for the fact that we live in 46 00:02:44,360 --> 00:02:48,839 Speaker 1: the political era of Boris Johnson, Donald Trump and those 47 00:02:48,880 --> 00:02:52,560 Speaker 1: other leaders who don't necessarily played by the old rules 48 00:02:52,760 --> 00:02:59,560 Speaker 1: of accepting defeat or displaying shame or humility. And Johnson 49 00:02:59,560 --> 00:03:02,640 Speaker 1: has survived so much in the past that if anyone 50 00:03:02,720 --> 00:03:06,320 Speaker 1: can survive this again, maybe he just about can. So 51 00:03:06,400 --> 00:03:08,880 Speaker 1: maybe history does not rewrite itself. Maybe he's not out 52 00:03:08,880 --> 00:03:11,480 Speaker 1: of work in six months, but I wonder, you know, 53 00:03:11,760 --> 00:03:14,760 Speaker 1: just imagining and recalling the images of him walking around 54 00:03:15,240 --> 00:03:17,880 Speaker 1: the streets of Kiev just a couple of weeks ago. 55 00:03:18,000 --> 00:03:20,560 Speaker 1: He's central to this war in Ukraine right now, certainly 56 00:03:20,560 --> 00:03:24,000 Speaker 1: as a partner to the US. David talked to us 57 00:03:24,000 --> 00:03:26,920 Speaker 1: about his relationship with this white House and what a 58 00:03:26,919 --> 00:03:31,240 Speaker 1: different prime minister might mean for continuity in a wartime. Yeah, 59 00:03:31,280 --> 00:03:33,239 Speaker 1: I mean you're you're reminding me of the roller coaster 60 00:03:33,320 --> 00:03:36,680 Speaker 1: ride here where Johnson did seem completely doomed. And then 61 00:03:37,280 --> 00:03:40,040 Speaker 1: a few weeks later, as you say, he's strutting around 62 00:03:40,120 --> 00:03:43,400 Speaker 1: Kiev or this a sort of Churchill in figure with 63 00:03:44,080 --> 00:03:46,400 Speaker 1: President of Ukraine. At that point people were saying he's 64 00:03:46,440 --> 00:03:49,680 Speaker 1: untouchable and the attempt to remove him from power has failed, 65 00:03:49,720 --> 00:03:52,480 Speaker 1: and now here we are back again with him, you know, 66 00:03:52,560 --> 00:03:56,680 Speaker 1: dangling by a thread. And and and part of that 67 00:03:56,840 --> 00:04:01,320 Speaker 1: Ukraine effort was indeed this uh close relationship between the 68 00:04:01,400 --> 00:04:07,960 Speaker 1: UK and the US militarily and diplomatically on the Ukraine crisis. UM. 69 00:04:08,360 --> 00:04:11,240 Speaker 1: I think it has brought those two countries together, and 70 00:04:11,520 --> 00:04:16,760 Speaker 1: indeed brought the US and Europe together. I think Boris 71 00:04:16,800 --> 00:04:20,120 Speaker 1: Johnson was trying to construct an argument that parties at 72 00:04:20,160 --> 00:04:24,240 Speaker 1: Downing Streets are pretty you know, small fry, pretty trivial 73 00:04:24,800 --> 00:04:29,120 Speaker 1: compared to the future of the West and the geopolitics 74 00:04:29,960 --> 00:04:35,200 Speaker 1: visit the Russia. Um. And it perhaps helped build some 75 00:04:35,240 --> 00:04:39,839 Speaker 1: bridges between Biden and Johnson, even though I don't think 76 00:04:39,839 --> 00:04:42,640 Speaker 1: they are a natural fit. And done in the past, 77 00:04:43,400 --> 00:04:47,200 Speaker 1: they've been wrinkles there. For example, Joe Biden a few 78 00:04:47,279 --> 00:04:51,080 Speaker 1: years ago describing Boris Johnson as the physical and emotional 79 00:04:51,160 --> 00:04:56,240 Speaker 1: clone of Donald Trump. So Ukraine seemed to be sort 80 00:04:56,240 --> 00:04:58,840 Speaker 1: of cementing that. But but look, I think if if 81 00:04:58,839 --> 00:05:02,800 Speaker 1: Boris Johnson is a actually ousted and replaced by a 82 00:05:02,839 --> 00:05:06,360 Speaker 1: new British Prime Minister, Joe Biden will not be weeping 83 00:05:06,400 --> 00:05:10,440 Speaker 1: tears over that, will be happy to get It's great 84 00:05:10,480 --> 00:05:16,159 Speaker 1: context and appreciate your time. Fascinating conversation once again, uh 85 00:05:16,160 --> 00:05:18,680 Speaker 1: with David Smith, the Washington correspondent for The Guardian. You 86 00:05:18,680 --> 00:05:21,400 Speaker 1: can follow him on Twitter at smith in America. He's 87 00:05:21,440 --> 00:05:23,440 Speaker 1: been very good on this, keeping us up to Daton. 88 00:05:23,600 --> 00:05:26,520 Speaker 1: Come back and talk to us soon, David. All the while, 89 00:05:26,800 --> 00:05:30,360 Speaker 1: in Washington, lawmakers are back. It was a busy day, 90 00:05:30,400 --> 00:05:34,000 Speaker 1: a busy night at Reagan National Airport. They're back in 91 00:05:34,040 --> 00:05:36,760 Speaker 1: the bubble, and of course the first question that everyone 92 00:05:36,839 --> 00:05:40,760 Speaker 1: is asking is what's the situation with guns? Do we 93 00:05:40,800 --> 00:05:43,160 Speaker 1: know that senators have been talking about a gun safety 94 00:05:43,200 --> 00:05:49,000 Speaker 1: measure through telephone and zoom meetings basically since you'valdi. They've 95 00:05:49,000 --> 00:05:52,279 Speaker 1: been out for for some time. Here Karine John Pierre, 96 00:05:52,320 --> 00:05:54,479 Speaker 1: the Press secretary at the White House, was asked about 97 00:05:54,520 --> 00:05:57,080 Speaker 1: this just today. We are going to see how the 98 00:05:57,120 --> 00:05:59,280 Speaker 1: negotiations go. We're going to give it the space that 99 00:05:59,360 --> 00:06:02,000 Speaker 1: it needs, uh and we're not going to speak to 100 00:06:02,440 --> 00:06:06,159 Speaker 1: what exactly is being discussed the pieces of legislation, but 101 00:06:06,240 --> 00:06:09,240 Speaker 1: we are encouraged and we think these incremental steps, these 102 00:06:09,240 --> 00:06:12,039 Speaker 1: steps that they're taking, this conversation that they're having is 103 00:06:12,200 --> 00:06:17,719 Speaker 1: very important. During that word incremental a lot. And as 104 00:06:18,279 --> 00:06:23,000 Speaker 1: lawmakers return, you know there were several different efforts under way. 105 00:06:23,040 --> 00:06:24,599 Speaker 1: You've got this one in the Senate. In fact, there 106 00:06:24,600 --> 00:06:26,560 Speaker 1: are a couple of groups in the Senate. We know 107 00:06:26,640 --> 00:06:29,760 Speaker 1: that there is a massive package of gun safety gun 108 00:06:29,760 --> 00:06:32,360 Speaker 1: control measures being marked up in the House, just went 109 00:06:32,360 --> 00:06:37,000 Speaker 1: through Judiciary Committee last week, and now we're hearing more 110 00:06:37,040 --> 00:06:43,120 Speaker 1: talk about reconciliation. The focus on what Democrats say is 111 00:06:43,120 --> 00:06:46,400 Speaker 1: important legislation on the economy, the Bipartisan Innovation Act, which 112 00:06:46,440 --> 00:06:49,919 Speaker 1: includes the Chip Act, and a reconciliation bill aimed at inflation, 113 00:06:51,080 --> 00:06:54,800 Speaker 1: I should say reconciliation. It's been a while. This is 114 00:06:54,800 --> 00:06:56,640 Speaker 1: why we want to talk to. Ed Milsey's back with 115 00:06:56,720 --> 00:07:00,120 Speaker 1: us today Washington Policy Analysts, Managing director at Raymond James, 116 00:07:00,640 --> 00:07:02,719 Speaker 1: and are we going to talk about a reconciliation bill 117 00:07:02,760 --> 00:07:04,400 Speaker 1: for the rest of this year only to see nothing 118 00:07:04,400 --> 00:07:08,960 Speaker 1: happen again by November? Joe, It's certainly possible. Um. What 119 00:07:09,040 --> 00:07:12,280 Speaker 1: I'm telling clients that Raymond James is that what the 120 00:07:12,320 --> 00:07:16,560 Speaker 1: Biden administration and Congressional Democrats are attempting right now is 121 00:07:16,600 --> 00:07:20,200 Speaker 1: a bit of a economic sprint between Memorial Day and 122 00:07:20,320 --> 00:07:24,400 Speaker 1: Labor Day that starts with this Bipartisan Investment Acts, that's 123 00:07:24,440 --> 00:07:27,200 Speaker 1: the U. S. China Competition Bill. There'll be decisions on 124 00:07:27,360 --> 00:07:30,400 Speaker 1: China and tariffs, and they would like to cap that 125 00:07:30,480 --> 00:07:35,040 Speaker 1: off with reconciliation. The odds are going up on reconciliation, 126 00:07:35,200 --> 00:07:38,360 Speaker 1: but it is far from a done deal. Senator Mansion 127 00:07:38,440 --> 00:07:40,800 Speaker 1: once again is at the center of all this. But 128 00:07:40,960 --> 00:07:43,800 Speaker 1: even if you get a negotiation um in a deal 129 00:07:43,840 --> 00:07:45,960 Speaker 1: with him, how do you sell it to the rest 130 00:07:46,000 --> 00:07:47,920 Speaker 1: of the Senate? How do you get the progressives on 131 00:07:47,960 --> 00:07:51,720 Speaker 1: board in the House? That fragile flower of consensus is 132 00:07:51,760 --> 00:07:55,440 Speaker 1: going to be very difficult to achieve, not impossible, but 133 00:07:55,600 --> 00:07:59,320 Speaker 1: that is the goal here between now and when members 134 00:07:59,320 --> 00:08:01,360 Speaker 1: go off to their August recess. So is this the 135 00:08:01,440 --> 00:08:05,080 Speaker 1: last gasp of the Democratic majority on Capitol Hill, because 136 00:08:05,120 --> 00:08:08,360 Speaker 1: it's not just economic issues we're hearing about. I spoke 137 00:08:08,440 --> 00:08:12,200 Speaker 1: earlier today ed with Congressman Don Buyer, the Democrat from Virginia, 138 00:08:12,840 --> 00:08:15,600 Speaker 1: is proposing a gun control bill of sorts. It would 139 00:08:15,600 --> 00:08:21,000 Speaker 1: actually impose a one thousand percent tax on all assault weapons, 140 00:08:21,000 --> 00:08:22,880 Speaker 1: the idea being that it would have the same effect 141 00:08:22,880 --> 00:08:25,080 Speaker 1: as a band, which could never pass the Senate. Instead, 142 00:08:25,840 --> 00:08:30,080 Speaker 1: he could do it through reconciliation with only Democratic votes. 143 00:08:30,760 --> 00:08:32,960 Speaker 1: I'm assuming that's not likely to happen, but these are 144 00:08:32,960 --> 00:08:35,120 Speaker 1: the kind of ideas coming up here when the time 145 00:08:35,200 --> 00:08:39,600 Speaker 1: is short and another party has breathing down your neck. Yeah, Joe, 146 00:08:39,600 --> 00:08:41,640 Speaker 1: I listened to that was a great interview you had, 147 00:08:41,880 --> 00:08:44,800 Speaker 1: and it is, you know, I think, kind of showing 148 00:08:44,840 --> 00:08:48,079 Speaker 1: you how they are trying to get creative. Uh, they 149 00:08:48,120 --> 00:08:52,400 Speaker 1: are looking for solutions that might not necessarily require that 150 00:08:52,480 --> 00:08:56,880 Speaker 1: sixty vote threshold in the Senate. Congressman Buyer was very 151 00:08:56,920 --> 00:08:59,800 Speaker 1: clear about how he was attempting to do that. But 152 00:08:59,840 --> 00:09:02,200 Speaker 1: I do think that if they get something done, it 153 00:09:02,280 --> 00:09:04,680 Speaker 1: is what you highlight it at the beginning of the segment, 154 00:09:04,760 --> 00:09:09,000 Speaker 1: which is that incremental. What Democrats are hoping to do 155 00:09:09,640 --> 00:09:12,000 Speaker 1: is work with the kind of their colleagues in the 156 00:09:12,080 --> 00:09:14,679 Speaker 1: Senate to show them that they can get something done 157 00:09:14,840 --> 00:09:18,160 Speaker 1: on gun control and that it does not harm them 158 00:09:18,200 --> 00:09:20,880 Speaker 1: at the ballot box. Uh. That is not in in 159 00:09:21,000 --> 00:09:24,280 Speaker 1: terms of what a don buyer is looking for. It's 160 00:09:24,320 --> 00:09:27,959 Speaker 1: more in terms of what uh the Senator Murphy, Senator 161 00:09:30,480 --> 00:09:35,960 Speaker 1: corn in corn did we lisen? Well, now you cut 162 00:09:36,000 --> 00:09:39,080 Speaker 1: out there for a minute, all right, the Murphy corn 163 00:09:39,160 --> 00:09:43,200 Speaker 1: and Bill are we talking about a red flag incentive Bill? 164 00:09:43,320 --> 00:09:45,720 Speaker 1: I mean, this is it's kind of the lowest rung 165 00:09:45,800 --> 00:09:49,360 Speaker 1: of the ladder here, right, and getting something done. It 166 00:09:49,520 --> 00:09:52,600 Speaker 1: is it's it's it's money to states to implement red 167 00:09:52,600 --> 00:09:56,000 Speaker 1: flag laws. That's going to be them though. Yeah, it's 168 00:09:56,000 --> 00:09:59,360 Speaker 1: it's it's it's things that um, you know, kind of 169 00:09:59,400 --> 00:10:04,040 Speaker 1: have so pork by of voters. UM. And Republicans are 170 00:10:04,040 --> 00:10:07,959 Speaker 1: in the potentially difficult position here because they are kind 171 00:10:07,960 --> 00:10:10,360 Speaker 1: of looking kind of at their polls and it looks 172 00:10:10,360 --> 00:10:13,000 Speaker 1: pretty good and they don't want to be completely on 173 00:10:13,040 --> 00:10:15,480 Speaker 1: the wrong side. So at the bare minimum from a 174 00:10:15,480 --> 00:10:19,079 Speaker 1: political perspective, they have to go through the process of 175 00:10:19,400 --> 00:10:22,800 Speaker 1: negotiations and seeing what can be done. We'll see if 176 00:10:22,840 --> 00:10:25,760 Speaker 1: they can kind of find that agreement that it would 177 00:10:25,800 --> 00:10:30,480 Speaker 1: be enough for Democrats to also be supportive. Murphy talks 178 00:10:30,480 --> 00:10:34,679 Speaker 1: about that increment full view. Um, I'm not fully sure 179 00:10:34,840 --> 00:10:38,080 Speaker 1: all of his colleagues things incremental is enough. Well, no, 180 00:10:38,200 --> 00:10:40,920 Speaker 1: and of course it depends which colleagues you ask and 181 00:10:40,920 --> 00:10:43,960 Speaker 1: who might be up for reelection. Uh this time around. 182 00:10:44,000 --> 00:10:45,920 Speaker 1: And just to get back though you you mentioned the 183 00:10:45,960 --> 00:10:49,520 Speaker 1: mansion on the hill, Joe Mansion. Talking again about not 184 00:10:49,720 --> 00:10:52,240 Speaker 1: build back better. We'll find a different name. It's it's 185 00:10:52,280 --> 00:10:54,920 Speaker 1: what does it build America? I don't even they'll they'll 186 00:10:54,920 --> 00:10:57,240 Speaker 1: be a hat for it at some point. But this 187 00:10:57,320 --> 00:10:59,480 Speaker 1: is a stripped down version of what they could not 188 00:10:59,520 --> 00:11:03,880 Speaker 1: get done last year. Does this have a better chance? Um, 189 00:11:04,080 --> 00:11:06,600 Speaker 1: better chance because we're still talking about it. If something 190 00:11:06,640 --> 00:11:11,119 Speaker 1: gets done and it's two core things, one something on healthcare. 191 00:11:11,400 --> 00:11:14,359 Speaker 1: I think what doesn't get discussed enough is the healthcare 192 00:11:14,440 --> 00:11:17,880 Speaker 1: cliffs that occur later this year. Uh. The subsidies for 193 00:11:17,920 --> 00:11:20,320 Speaker 1: the Affordable Care Act that we're part of, the American 194 00:11:20,320 --> 00:11:24,440 Speaker 1: Rescue Plan last year would cause massive increases UM in 195 00:11:24,520 --> 00:11:28,080 Speaker 1: exchange paid plans at the end of this year. Democrats 196 00:11:28,120 --> 00:11:30,800 Speaker 1: would like to avoid that. The public health emergency could 197 00:11:31,000 --> 00:11:36,280 Speaker 1: move millions of people off of Medicare Medicaid. I'm sorry 198 00:11:36,720 --> 00:11:40,320 Speaker 1: once that is lifted, so they're really focusing on that 199 00:11:40,320 --> 00:11:43,160 Speaker 1: that's more politically popular than other parts of the plan. 200 00:11:43,559 --> 00:11:46,840 Speaker 1: And then on energy, Ed Mills, come back and talk 201 00:11:46,880 --> 00:11:49,240 Speaker 1: to us. That story also is not getting enough coverage. 202 00:11:49,240 --> 00:11:51,680 Speaker 1: Come back and talk to us here on Bloomberg Sound 203 00:11:51,679 --> 00:11:54,840 Speaker 1: on Washington Policy analyst Raymond James will assemble the panel. Next, 204 00:11:54,840 --> 00:11:56,920 Speaker 1: We've got Rick and Genie on the way. I'm Joe Matthew. 205 00:11:57,040 --> 00:12:03,800 Speaker 1: This is Bloomberg. You're listening to Bloomberg. You sound on 206 00:12:04,200 --> 00:12:10,120 Speaker 1: with Joe Matthew on Bloomberg Radio. Somebody mentioned Joe Match 207 00:12:10,160 --> 00:12:12,880 Speaker 1: and say his name match and look at the headline, 208 00:12:13,400 --> 00:12:18,400 Speaker 1: not just reconciliation. Talking about the economy, he says he 209 00:12:18,400 --> 00:12:22,320 Speaker 1: would consider backing a ban on assault weapons, telling CNN 210 00:12:22,400 --> 00:12:26,360 Speaker 1: that he supports raising the age for purchasing semi automatic weapons. 211 00:12:26,920 --> 00:12:29,560 Speaker 1: Also said he would consider backing a ban on assault 212 00:12:29,559 --> 00:12:32,000 Speaker 1: weapons depending on the proposal. And that's a big covey 213 00:12:32,080 --> 00:12:35,360 Speaker 1: oft there, because we can't even seem to define them 214 00:12:35,720 --> 00:12:39,439 Speaker 1: in most cases. For these conversations, let's assemble the panel 215 00:12:39,520 --> 00:12:41,280 Speaker 1: right now. Pick up on where we left off with 216 00:12:41,440 --> 00:12:43,400 Speaker 1: Ed Mills, Rick and Genie are with us on a 217 00:12:43,400 --> 00:12:48,000 Speaker 1: Monday Bloomberg Politics contributors Rick Davis and Genie Chanzano. Does 218 00:12:48,000 --> 00:12:52,040 Speaker 1: the Mansion headline move this story at all, Rick, or 219 00:12:52,160 --> 00:12:55,560 Speaker 1: is he just too far ahead? We're talking about red flags, 220 00:12:56,000 --> 00:12:59,120 Speaker 1: maybe expanded background checks in the Senate right now, as 221 00:12:59,160 --> 00:13:02,320 Speaker 1: opposed to raising the age of for buying a weapon. Yeah, 222 00:13:02,320 --> 00:13:04,600 Speaker 1: I'm not sure about that, Joe. I think that there 223 00:13:04,679 --> 00:13:07,679 Speaker 1: is a debate going on about the raising of age. Uh. 224 00:13:07,840 --> 00:13:11,040 Speaker 1: It was in part of the Florida laws that were 225 00:13:11,120 --> 00:13:15,760 Speaker 1: passed uh in um in in twenty nineteen, and so 226 00:13:15,920 --> 00:13:19,240 Speaker 1: I think that certainly Republicans see those as having been 227 00:13:19,280 --> 00:13:22,600 Speaker 1: effective in Florida, and and the question now is will 228 00:13:22,640 --> 00:13:24,800 Speaker 1: they be willing to do it on capital A lot 229 00:13:24,800 --> 00:13:28,440 Speaker 1: of Republicans UM like Adam Kinzinger have been speaking out 230 00:13:28,440 --> 00:13:33,760 Speaker 1: about it. Uh, positively. I think more likely for long guns, 231 00:13:34,080 --> 00:13:37,760 Speaker 1: uh specifically, and UH, I think Joe Manchin was talking 232 00:13:37,760 --> 00:13:40,800 Speaker 1: about semi automatics, you know, but I do think it's 233 00:13:40,800 --> 00:13:44,720 Speaker 1: on the table. A ban on assault weapons is another story, correct, 234 00:13:45,640 --> 00:13:47,800 Speaker 1: for sure. I think that that's a totally different kettle 235 00:13:47,840 --> 00:13:50,480 Speaker 1: of fish. It hasn't worked in the past, As you say, 236 00:13:50,559 --> 00:13:52,280 Speaker 1: you get into this whole debate about what is an 237 00:13:52,280 --> 00:13:56,600 Speaker 1: assault weapon? Uh, and I don't imagine that is likely 238 00:13:56,640 --> 00:13:59,000 Speaker 1: to occur other than maybe some elements of it, like 239 00:13:59,080 --> 00:14:01,760 Speaker 1: clips and things like that that U that have been 240 00:14:01,800 --> 00:14:04,120 Speaker 1: subject to regulation in the past by the federal government. 241 00:14:04,559 --> 00:14:07,480 Speaker 1: Genie Jane Harmon told us earlier today on Balance of 242 00:14:07,520 --> 00:14:10,720 Speaker 1: Power that she voted for the assault weapons ban in 243 00:14:12,000 --> 00:14:15,160 Speaker 1: and almost lost her seat over it. It was within 244 00:14:15,320 --> 00:14:18,240 Speaker 1: nine votes or something. This is a Democrat from California. 245 00:14:18,480 --> 00:14:21,200 Speaker 1: I realized it was not considered a liberal district. But 246 00:14:21,320 --> 00:14:23,880 Speaker 1: my goodness, fast forward to two and it gives you 247 00:14:23,880 --> 00:14:25,400 Speaker 1: a good sense of what that would mean for a 248 00:14:25,440 --> 00:14:29,080 Speaker 1: lot of lawmakers. It does, and it's fascinating because of 249 00:14:29,120 --> 00:14:31,960 Speaker 1: course that's n as you mentioned in California for a 250 00:14:32,000 --> 00:14:35,120 Speaker 1: Democrat of all places. And you know, I am sitting 251 00:14:35,120 --> 00:14:37,480 Speaker 1: in here in New York and we've got Chris Jacobs. 252 00:14:37,480 --> 00:14:41,560 Speaker 1: He loses ten people in his district. He's a freshman 253 00:14:41,640 --> 00:14:45,080 Speaker 1: from New York. He comes out in support of fairly 254 00:14:45,160 --> 00:14:50,320 Speaker 1: common sense gun regulations, and he within two weeks is 255 00:14:50,400 --> 00:14:53,240 Speaker 1: pushed out of his run for re election. And that's 256 00:14:53,280 --> 00:14:55,800 Speaker 1: again New York. He is a freshman Republican, But it 257 00:14:55,920 --> 00:14:58,840 Speaker 1: just tells you what the state of the party is. 258 00:14:58,960 --> 00:15:02,520 Speaker 1: And you know, I have to say that Joe Mansion 259 00:15:02,600 --> 00:15:05,600 Speaker 1: went through this, you know, the Mansion to Me bill. 260 00:15:05,720 --> 00:15:08,280 Speaker 1: You know, once we even get language on one of 261 00:15:08,320 --> 00:15:11,760 Speaker 1: these things, the amount of misinformation that comes forward about 262 00:15:11,800 --> 00:15:14,720 Speaker 1: that language was one of the things that upset their 263 00:15:14,760 --> 00:15:18,200 Speaker 1: ability to pass that that bill. So we have a 264 00:15:18,240 --> 00:15:20,680 Speaker 1: long way to go before we get what I still 265 00:15:20,720 --> 00:15:24,600 Speaker 1: believe is going to be really incremental focused on mental 266 00:15:24,600 --> 00:15:27,600 Speaker 1: health and and maybe a school safety, but they're not 267 00:15:27,640 --> 00:15:31,120 Speaker 1: going to be addressing any real restrictions on our new 268 00:15:31,120 --> 00:15:33,800 Speaker 1: gun laws. Do we have this week essentially for timing 269 00:15:33,920 --> 00:15:37,280 Speaker 1: on a deal? Rick? Yeah, I think this is the moment, right. 270 00:15:37,320 --> 00:15:40,320 Speaker 1: I mean, we've talked so many times about these crisises, 271 00:15:40,640 --> 00:15:43,920 Speaker 1: these attacks that occur and that, and that the focus 272 00:15:44,000 --> 00:15:47,400 Speaker 1: wanes after a week or two, people look another direction, 273 00:15:48,040 --> 00:15:50,000 Speaker 1: And so this is the time. And I do think 274 00:15:50,040 --> 00:15:53,680 Speaker 1: there's a bipartisan effort that's that's really open. I think 275 00:15:53,760 --> 00:15:57,840 Speaker 1: Chris Murphy Democrat has done an enormously good job of 276 00:15:58,000 --> 00:16:01,040 Speaker 1: not demagoguing this issue and bringing people to the table 277 00:16:01,160 --> 00:16:04,320 Speaker 1: to try and find solutions. I think I think this 278 00:16:04,400 --> 00:16:06,640 Speaker 1: could be a package that people could stand up and say, hey, 279 00:16:06,680 --> 00:16:09,440 Speaker 1: we've actually done something about it. And I do think 280 00:16:09,560 --> 00:16:12,400 Speaker 1: that age allows them to go out if they raise 281 00:16:12,480 --> 00:16:14,440 Speaker 1: it from eighteen to twenty one for long guns and said, 282 00:16:14,480 --> 00:16:17,800 Speaker 1: you know what, if this had been law, uh, you've 283 00:16:17,800 --> 00:16:20,960 Speaker 1: all day would not have And boy, isn't that the point, Genie? 284 00:16:21,000 --> 00:16:24,640 Speaker 1: How many times have I asked, whether it's lawmakers or 285 00:16:24,800 --> 00:16:27,080 Speaker 1: or activists on one side or another this issue over 286 00:16:27,080 --> 00:16:29,480 Speaker 1: the last several weeks, would would your idea have stopped 287 00:16:29,480 --> 00:16:33,200 Speaker 1: those last shootings? The answers usually no. And of course, 288 00:16:33,240 --> 00:16:35,320 Speaker 1: my goodness, we got another pile of them over the weekend. 289 00:16:35,360 --> 00:16:37,120 Speaker 1: So that changes the rules here all over again when 290 00:16:37,160 --> 00:16:40,040 Speaker 1: you're asking that. But that's that's going to be the 291 00:16:40,040 --> 00:16:42,280 Speaker 1: test for a lot of lawmakers. You can pass something, 292 00:16:42,320 --> 00:16:45,600 Speaker 1: but would it have prevented any of these from happening? Yeah? 293 00:16:45,800 --> 00:16:48,280 Speaker 1: And you know, and as you mentioned, in so many cases, 294 00:16:48,320 --> 00:16:50,480 Speaker 1: I mean, we've been listening to you do these interviewes. 295 00:16:50,520 --> 00:16:53,200 Speaker 1: In almost every case, unfortunately, the answer, as you mentioned 296 00:16:53,280 --> 00:16:56,120 Speaker 1: is no. In a spade of violence over the weekend. 297 00:16:56,400 --> 00:16:58,320 Speaker 1: And I think the question we're going to be asking 298 00:16:58,480 --> 00:17:01,080 Speaker 1: if something does get PAS is going to be was 299 00:17:01,120 --> 00:17:03,760 Speaker 1: it a meaningful would it have made a difference at all? 300 00:17:04,280 --> 00:17:07,359 Speaker 1: And you know that is usually, again the answer to 301 00:17:07,359 --> 00:17:10,399 Speaker 1: those questions going to be no, particularly if it doesn't 302 00:17:10,400 --> 00:17:13,600 Speaker 1: address the number of guns in the country in a 303 00:17:13,640 --> 00:17:16,920 Speaker 1: meaningful way, and by any stretch of the imagination, it's 304 00:17:16,920 --> 00:17:18,960 Speaker 1: hard to believe we're going to get there. Cornan who 305 00:17:18,960 --> 00:17:21,280 Speaker 1: seems to be negotiating in good faith, he wants to 306 00:17:21,359 --> 00:17:25,320 Speaker 1: be majority leader of his conference at some point, he's 307 00:17:25,359 --> 00:17:26,919 Speaker 1: not going to be able to do this with just 308 00:17:27,040 --> 00:17:30,159 Speaker 1: ten Republicans of they can even get there. So I 309 00:17:30,200 --> 00:17:31,760 Speaker 1: think we have a long way to go if we're 310 00:17:31,760 --> 00:17:34,040 Speaker 1: going to get something meaningful. We're talking about a fairly 311 00:17:34,160 --> 00:17:37,320 Speaker 1: narrow slice of this story here, Rick does if something 312 00:17:37,440 --> 00:17:41,240 Speaker 1: gets done to the extent that we're describing UH in Congress, 313 00:17:41,680 --> 00:17:46,639 Speaker 1: could that open a conversation about, for instance, illegal guns, 314 00:17:47,119 --> 00:17:50,960 Speaker 1: how to control illegal guns in street crime, how illegal 315 00:17:51,000 --> 00:17:55,359 Speaker 1: guns are impacting UH communities of color, for instance, in 316 00:17:55,440 --> 00:17:59,360 Speaker 1: cities all over the country. Never mind the idea of 317 00:17:59,359 --> 00:18:03,359 Speaker 1: of on fatal shootings, of which there are so many 318 00:18:03,400 --> 00:18:05,960 Speaker 1: that would never make the news. Gun violence is more 319 00:18:06,000 --> 00:18:09,560 Speaker 1: than school shootings, Joe. We've seen so many facets of 320 00:18:09,640 --> 00:18:13,160 Speaker 1: this gun debate go beyond what we're talking about. As 321 00:18:13,200 --> 00:18:16,040 Speaker 1: you say, um, you know, we just saw the administration 322 00:18:16,160 --> 00:18:20,600 Speaker 1: take real action, uh, from the executive branch, you know, 323 00:18:20,720 --> 00:18:23,680 Speaker 1: on these ghost guns, and and now you're talking about 324 00:18:23,720 --> 00:18:25,920 Speaker 1: something that's at the heart of an explosion of crime 325 00:18:25,960 --> 00:18:29,200 Speaker 1: across the country, and that's illegal weapons in the cities especially, 326 00:18:29,640 --> 00:18:31,480 Speaker 1: And so I think all of this stuff is going 327 00:18:31,520 --> 00:18:34,040 Speaker 1: to get aired out, especially during this election cycle. I 328 00:18:34,080 --> 00:18:36,080 Speaker 1: hope it's a way to get to that conversation here 329 00:18:36,160 --> 00:18:38,720 Speaker 1: with Rick and Jennie. We do this every day, try 330 00:18:38,760 --> 00:18:41,480 Speaker 1: to air out both sides on the fastest hour in politics. 331 00:18:41,720 --> 00:18:44,240 Speaker 1: We'll turn to primary day next after we check traffic 332 00:18:44,320 --> 00:18:47,320 Speaker 1: and markets for you. I'm Joe Matthew. This is Bloomberg. 333 00:18:50,000 --> 00:18:51,679 Speaker 1: We'll have more of the panel a bit later on. 334 00:18:51,800 --> 00:18:53,439 Speaker 1: Rick and Jeanie are with us for the hour. As 335 00:18:53,480 --> 00:18:55,760 Speaker 1: we now turned the primary day tomorrow. We've got a 336 00:18:55,800 --> 00:19:01,640 Speaker 1: big one here seven states, California, Iowa, New Mexico, South Dakota, 337 00:19:01,760 --> 00:19:06,040 Speaker 1: New Jersey, Montana, Mississippi. This is the biggest day of 338 00:19:06,119 --> 00:19:10,199 Speaker 1: voting basically in the cycle until election day itself. As 339 00:19:10,240 --> 00:19:12,080 Speaker 1: I read on the terminal, Greg Joro has got his 340 00:19:12,200 --> 00:19:13,960 Speaker 1: great piece as always by the way if you want 341 00:19:13,960 --> 00:19:16,679 Speaker 1: to get yourself together, here with all the breakdowns on 342 00:19:16,760 --> 00:19:19,080 Speaker 1: the races to watch in each state. Not just the 343 00:19:19,119 --> 00:19:21,320 Speaker 1: busiest day of voting, but we'll be voters will be 344 00:19:21,359 --> 00:19:25,359 Speaker 1: selecting general election nominees in almost a fifth of the 345 00:19:25,440 --> 00:19:30,840 Speaker 1: four hundred and thirty five House districts in just one day. 346 00:19:30,920 --> 00:19:33,119 Speaker 1: The race for l A mayor has really captured our 347 00:19:33,119 --> 00:19:34,760 Speaker 1: attention that we've been talking about it a lot, and 348 00:19:34,800 --> 00:19:38,320 Speaker 1: we wanted to hear about it from Jack Pitney. As 349 00:19:38,359 --> 00:19:40,760 Speaker 1: you've got a mayoral race. I realized it's l A. 350 00:19:40,880 --> 00:19:45,359 Speaker 1: This is a big city. But to become what could 351 00:19:45,400 --> 00:19:48,359 Speaker 1: be the most expensive race in the country is saying something. 352 00:19:48,480 --> 00:19:53,520 Speaker 1: Rick Caruso has spent thirty four million dollars on this race, 353 00:19:53,600 --> 00:19:57,919 Speaker 1: single handedly making it what it is. This is remember 354 00:19:57,960 --> 00:20:02,000 Speaker 1: the Republican turn Democrat. His main all is Representative Karen Bass, 355 00:20:02,320 --> 00:20:06,560 Speaker 1: who with an allied superpack has spent about two million dollars. 356 00:20:06,600 --> 00:20:11,080 Speaker 1: That's thirty four million to two million, Caruso outspending her 357 00:20:11,720 --> 00:20:17,200 Speaker 1: to one. Jack Pitney Again, political scientists from Claremont McKenna College, 358 00:20:17,640 --> 00:20:20,159 Speaker 1: does this race have your attention as well? How expensive 359 00:20:20,880 --> 00:20:24,960 Speaker 1: good this get? Absolutely? It was going to be expensive 360 00:20:25,000 --> 00:20:28,040 Speaker 1: because it's the Los Angeles media market, which is a 361 00:20:28,080 --> 00:20:33,080 Speaker 1: notoriously expensive by and Caruso has been all over the place. 362 00:20:33,680 --> 00:20:36,160 Speaker 1: My home is not in the city of Los Angeles, 363 00:20:36,240 --> 00:20:40,040 Speaker 1: but I'm getting Crusoe ads all over the place. So 364 00:20:40,160 --> 00:20:43,440 Speaker 1: he is spending a lot of money, and uh, it's 365 00:20:43,440 --> 00:20:47,480 Speaker 1: paid off. Polls indicate that he is going to make 366 00:20:47,520 --> 00:20:52,040 Speaker 1: the top two. Whether he uh Outpoles Karen Bass is 367 00:20:52,040 --> 00:20:56,160 Speaker 1: another question, but it seems very likely that the result 368 00:20:56,200 --> 00:20:59,600 Speaker 1: tomorrow night will be that Karen Bass and Rick Crusoe 369 00:20:59,680 --> 00:21:02,120 Speaker 1: will be on the ballot in November. And that's important. 370 00:21:02,160 --> 00:21:04,040 Speaker 1: This is the way it goes in California. Right, You've 371 00:21:04,080 --> 00:21:07,359 Speaker 1: got you've got the two top vote getters moving on 372 00:21:07,440 --> 00:21:11,560 Speaker 1: to the general That's right, but with one important difference. 373 00:21:11,560 --> 00:21:15,240 Speaker 1: In a mayoral race and most statewide races, the top 374 00:21:15,280 --> 00:21:17,720 Speaker 1: two just proceed to the general election no matter how 375 00:21:17,760 --> 00:21:21,160 Speaker 1: many votes either of them get. In a local election, 376 00:21:21,240 --> 00:21:25,040 Speaker 1: if one of the candidates get game over, that person 377 00:21:25,080 --> 00:21:28,879 Speaker 1: wins out Right, That's possible tomorrow night, but not very likely. 378 00:21:29,400 --> 00:21:33,040 Speaker 1: Rick Caruso has resonated with the crime story in l A. 379 00:21:33,240 --> 00:21:36,920 Speaker 1: Is that what has also brought him this far crime 380 00:21:36,920 --> 00:21:40,760 Speaker 1: and homelessness. If you talk to anybody who's recently visited 381 00:21:41,320 --> 00:21:44,760 Speaker 1: Los Angeles, they'll be shocked at the homeless encampments all 382 00:21:44,760 --> 00:21:49,600 Speaker 1: over the city. Uh. It's a huge humanitarian problem and 383 00:21:49,800 --> 00:21:51,840 Speaker 1: one that the city government has not been able to 384 00:21:51,880 --> 00:21:54,840 Speaker 1: manage very effectively, and both candidates have had a lot 385 00:21:54,880 --> 00:21:57,159 Speaker 1: to say about it. I wasn't going to ask you 386 00:21:57,200 --> 00:22:00,119 Speaker 1: too much about the gubernatorial race because Gavin Newsom is 387 00:22:00,160 --> 00:22:03,240 Speaker 1: apparently going to have a pretty great day. But Michael Schellenberger, 388 00:22:04,160 --> 00:22:06,639 Speaker 1: homeless advocate, has done pretty well for himself on that 389 00:22:06,680 --> 00:22:10,560 Speaker 1: issue on a state level as well. That's right. The 390 00:22:10,640 --> 00:22:13,840 Speaker 1: question is whether he is going to make the top two. 391 00:22:13,880 --> 00:22:19,200 Speaker 1: He's running as an independent now in the top two primary, 392 00:22:19,280 --> 00:22:23,040 Speaker 1: that shouldn't make much of a difference, but Republicans and 393 00:22:23,080 --> 00:22:25,720 Speaker 1: Democrats tend to stay in their partisan silos, and the 394 00:22:25,760 --> 00:22:30,360 Speaker 1: polls indicate that, Uh, the number two candidate is very 395 00:22:30,480 --> 00:22:33,000 Speaker 1: very likely to end up being a Republican and that 396 00:22:33,040 --> 00:22:36,360 Speaker 1: person will get crushed in November. Well, what's Karen Bass's 397 00:22:36,680 --> 00:22:40,080 Speaker 1: message to voters if she's not throwing nearly the money 398 00:22:40,200 --> 00:22:42,040 Speaker 1: that her rival is. If we can get back to 399 00:22:42,240 --> 00:22:45,720 Speaker 1: the l A mayor's race for a minute, competence and compassion. 400 00:22:46,600 --> 00:22:49,919 Speaker 1: She has a long record public service. She was Speaker 401 00:22:49,920 --> 00:22:53,520 Speaker 1: of the California Assembly. Those state issues, those local issues, 402 00:22:53,680 --> 00:22:57,920 Speaker 1: what national issues, and she has a reputation for even 403 00:22:57,920 --> 00:23:01,320 Speaker 1: though she's pretty progressive on the issue. Uh, she's a 404 00:23:01,359 --> 00:23:04,880 Speaker 1: practical dealmaker. She can get things done. That's her message. 405 00:23:05,400 --> 00:23:09,200 Speaker 1: And uh it's actually the same message as uh Rick 406 00:23:09,240 --> 00:23:13,960 Speaker 1: Caruso as a practical problem solver. There are a couple 407 00:23:14,000 --> 00:23:17,960 Speaker 1: of interesting House races to watch in California as well, 408 00:23:18,440 --> 00:23:23,639 Speaker 1: particularly uh, those who voted to impeach Donald Trump. Uh. 409 00:23:23,840 --> 00:23:26,840 Speaker 1: There were ten House Republicans, and one of them is 410 00:23:26,960 --> 00:23:31,440 Speaker 1: in California. Of course here David Valado, if I'm saying 411 00:23:31,480 --> 00:23:34,960 Speaker 1: his name correctly, is that Valadeo? Excuse me? Is that 412 00:23:34,960 --> 00:23:40,000 Speaker 1: going to bite back in his primary tomorrow? It's possible. Uh, 413 00:23:40,119 --> 00:23:45,760 Speaker 1: it's uh, it is within the realm possibility that a 414 00:23:45,880 --> 00:23:49,640 Speaker 1: pro Trump Republican could outpoll him, uh and get into 415 00:23:49,680 --> 00:23:52,119 Speaker 1: the top two for November. We'll we'll see how the 416 00:23:52,200 --> 00:23:55,600 Speaker 1: vote shakes out. But that's something of great concern. Tod 417 00:23:55,840 --> 00:23:58,200 Speaker 1: we talked about crime and homelessness. What else is motivating 418 00:23:58,240 --> 00:24:00,280 Speaker 1: voters to actually get to the polls in California in 419 00:24:00,320 --> 00:24:04,280 Speaker 1: an off election year. Those are the big ones in California. 420 00:24:04,320 --> 00:24:06,720 Speaker 1: And the thing to remember about crime is that this 421 00:24:06,800 --> 00:24:09,720 Speaker 1: state has a reputation for being very democratic, very blue, 422 00:24:09,720 --> 00:24:13,240 Speaker 1: but we also have a relatively conservative streak when it 423 00:24:13,320 --> 00:24:18,399 Speaker 1: comes to crime. Uh. In the last election, California voters 424 00:24:18,440 --> 00:24:21,520 Speaker 1: by a fairly substantial origin voted down a measure to 425 00:24:21,560 --> 00:24:23,879 Speaker 1: abolish cash bail. And if you look over a time, 426 00:24:25,480 --> 00:24:28,520 Speaker 1: the voters have tended to indicate that they favorite a 427 00:24:28,520 --> 00:24:30,879 Speaker 1: tough on crime stance. In the city of San Francisco, 428 00:24:31,320 --> 00:24:34,480 Speaker 1: for instance, the very progressive district attorney is likely to 429 00:24:34,480 --> 00:24:38,120 Speaker 1: be recalled tomorrow. Uh. So that's an issue that probably 430 00:24:38,160 --> 00:24:41,880 Speaker 1: works to the advantage of Rick Crusoe in Los Angeles. Yeah, 431 00:24:41,960 --> 00:24:45,920 Speaker 1: this point, there's nothing like California politics. Jack Pitney knows that. 432 00:24:45,920 --> 00:24:47,359 Speaker 1: That's why we had him in and we thank you 433 00:24:47,400 --> 00:24:50,960 Speaker 1: for your insights. Jack, political scientists from Claremont McKenna College. 434 00:24:50,960 --> 00:24:53,679 Speaker 1: I'd love to just get quickly with Rick and Jennie 435 00:24:53,760 --> 00:24:55,600 Speaker 1: on this because we covered a lot of ground there. 436 00:24:55,600 --> 00:24:57,600 Speaker 1: But this l a mayor's race. Something I heard you 437 00:24:57,640 --> 00:25:01,840 Speaker 1: both discussing earlier today is a race about money. Is 438 00:25:01,880 --> 00:25:03,800 Speaker 1: there going to be a lesson learned here, Rick that 439 00:25:04,520 --> 00:25:07,520 Speaker 1: you know, money doesn't buy everything in politics. Well, I 440 00:25:07,520 --> 00:25:11,200 Speaker 1: think it's gonna buy Crusoe a ticket into the general 441 00:25:11,240 --> 00:25:14,600 Speaker 1: election and then watch how much gets spent. So I 442 00:25:14,600 --> 00:25:17,120 Speaker 1: don't think we've even scratched the surface. I mean, obviously 443 00:25:17,119 --> 00:25:19,600 Speaker 1: the primary was a key thing for him to buy 444 00:25:19,720 --> 00:25:22,240 Speaker 1: name I D and get into this runoff. But it 445 00:25:22,280 --> 00:25:24,800 Speaker 1: sounds like that's what's going to happen. I can't imagine 446 00:25:24,800 --> 00:25:27,000 Speaker 1: what he's willing to spend, mostly of his own money, 447 00:25:27,040 --> 00:25:29,240 Speaker 1: by the way, uh, you know, to get elected in 448 00:25:29,240 --> 00:25:31,919 Speaker 1: the general election. So I think we're gonna see this 449 00:25:32,040 --> 00:25:35,119 Speaker 1: is probably a record breaker for for California mayors versus 450 00:25:35,160 --> 00:25:37,520 Speaker 1: maybe for the rest of the country. Can Karen Bass 451 00:25:37,520 --> 00:25:39,560 Speaker 1: helped to make up the difference with money from Washington, 452 00:25:39,600 --> 00:25:41,960 Speaker 1: Gene She may be able to. But I think the 453 00:25:42,040 --> 00:25:44,600 Speaker 1: real story here is this, you know, fight in the 454 00:25:44,640 --> 00:25:48,280 Speaker 1: Democratic Party between the establishment and progressives, and progressives are 455 00:25:48,320 --> 00:25:50,920 Speaker 1: having a hard time in a democratic state right now. 456 00:25:51,240 --> 00:25:53,920 Speaker 1: It's a great set up for our next conversation. We've 457 00:25:53,920 --> 00:25:57,640 Speaker 1: got to talk about Pennsylvania as well, fetterman Oz. It's 458 00:25:57,720 --> 00:26:01,040 Speaker 1: on and so are Rick and Genie. Next. This is Bloomberg. 459 00:26:03,000 --> 00:26:06,800 Speaker 1: You're listening to Bloomberg. You sound on with Joe Matthew 460 00:26:07,160 --> 00:26:13,080 Speaker 1: on Bloomberg Radio. Well, so much for the recounts. In Pennsylvania. 461 00:26:13,200 --> 00:26:16,359 Speaker 1: After a couple of weeks of pins and needles, the 462 00:26:16,480 --> 00:26:20,640 Speaker 1: race for senator is set after David McCormick conceded on Friday, 463 00:26:22,200 --> 00:26:24,879 Speaker 1: even though I won't be your nominee, I remained deeply 464 00:26:24,920 --> 00:26:28,160 Speaker 1: committed to Pennsylvania and to the United States of America. 465 00:26:30,080 --> 00:26:33,720 Speaker 1: Nice and easy, he said. He called Dr Roz and 466 00:26:33,800 --> 00:26:36,440 Speaker 1: let him know here. So Oz will face John Fetterman 467 00:26:36,520 --> 00:26:38,360 Speaker 1: in the general, which sets up a race that Rick 468 00:26:38,440 --> 00:26:42,480 Speaker 1: Davis described earlier as I believe a doctor patient contest. 469 00:26:42,520 --> 00:26:46,280 Speaker 1: Having learned that Fetterman's heart condition. Remember he had a 470 00:26:46,280 --> 00:26:50,280 Speaker 1: stroke right before the primary. They put a defibrillator in 471 00:26:50,320 --> 00:26:52,760 Speaker 1: his heart. I guess it was worse than first revealed. 472 00:26:53,119 --> 00:26:55,560 Speaker 1: Let's reassemble the panel for more on this, Rick, it 473 00:26:55,720 --> 00:26:58,680 Speaker 1: seems like opportunities abound for a candidate who is known 474 00:26:58,760 --> 00:27:02,480 Speaker 1: as a medical doctor, as a surgeon, being able to 475 00:27:02,600 --> 00:27:07,679 Speaker 1: question his rival here about disclosures when it comes to 476 00:27:07,720 --> 00:27:11,240 Speaker 1: medical health. Well, I think that even if he just says, 477 00:27:11,400 --> 00:27:15,919 Speaker 1: I hope every day of the campaign that Lieutenant Governor 478 00:27:16,000 --> 00:27:19,280 Speaker 1: Fetterman is is doing well. It just reminds everybody that 479 00:27:19,359 --> 00:27:22,000 Speaker 1: he may not be. Uh. And so it's it's it's 480 00:27:22,000 --> 00:27:24,359 Speaker 1: really not incoming upon him. I think to put it 481 00:27:24,359 --> 00:27:26,760 Speaker 1: out there, I think every single day, reporters on the 482 00:27:26,800 --> 00:27:29,240 Speaker 1: campaign trailer are gonna be asking Fetterman, how do you 483 00:27:29,280 --> 00:27:32,520 Speaker 1: feel today? I mean, he's not going to escape this. Um. 484 00:27:32,560 --> 00:27:34,920 Speaker 1: It's one thing to have gone through the health scare 485 00:27:35,000 --> 00:27:38,119 Speaker 1: that he had during the primaries, but evidently he was 486 00:27:38,200 --> 00:27:42,320 Speaker 1: diagnosed back in two thousand seventeen of a heart condition 487 00:27:42,600 --> 00:27:46,680 Speaker 1: and and did not follow his doctor's instructions. So um. 488 00:27:46,840 --> 00:27:49,119 Speaker 1: I think there's a lot of splaining to do for 489 00:27:49,280 --> 00:27:52,000 Speaker 1: the Fetterman campaign. And I think this is going to 490 00:27:52,080 --> 00:27:54,720 Speaker 1: dog them for the rest of the election. How damaging 491 00:27:54,840 --> 00:27:57,159 Speaker 1: is this genie does? The Fetterman campaign needs to be 492 00:27:57,200 --> 00:27:59,600 Speaker 1: proactive here, you know, start putting out the E K 493 00:27:59,760 --> 00:28:02,199 Speaker 1: G scans. I mean, how do you manage this? You know? 494 00:28:02,440 --> 00:28:04,800 Speaker 1: I think they need to show that that they didn't 495 00:28:04,840 --> 00:28:08,600 Speaker 1: withhold any information. There's been a lot of questions about that, 496 00:28:08,600 --> 00:28:11,919 Speaker 1: that they were honest about his health. Um, and so 497 00:28:11,960 --> 00:28:14,120 Speaker 1: they're gonna need to put information out there. But let's 498 00:28:14,119 --> 00:28:18,440 Speaker 1: not forget. You know, Fetterman won all sixties seven counties 499 00:28:18,560 --> 00:28:22,720 Speaker 1: fifty nine percent of the vote against a Canada and 500 00:28:22,760 --> 00:28:25,280 Speaker 1: Connor Lamb, who people, you know, at one point thought 501 00:28:25,400 --> 00:28:28,240 Speaker 1: was the future of of the Democratic Party in Pennsylvania. 502 00:28:28,600 --> 00:28:31,760 Speaker 1: You juxtapose that with Oz, who barely scraped by with 503 00:28:31,840 --> 00:28:34,520 Speaker 1: less than a thousand votes against McCormick, was in a 504 00:28:34,560 --> 00:28:37,480 Speaker 1: recount and had to wait. So you know, yes, Fetterman 505 00:28:37,520 --> 00:28:40,440 Speaker 1: has had this horrific health scare, and we hope he's well. 506 00:28:40,680 --> 00:28:43,520 Speaker 1: But Oz has been damaged as well. And we've already 507 00:28:43,520 --> 00:28:46,160 Speaker 1: seen the Fetterman campaign come out and they have a 508 00:28:46,160 --> 00:28:48,480 Speaker 1: bumper sticker or a pen now that says Dr Oz 509 00:28:48,520 --> 00:28:51,200 Speaker 1: for New Jersey because of course he's you know, not 510 00:28:51,320 --> 00:28:54,080 Speaker 1: from Pennsylvania as they like to talk about. So there 511 00:28:54,160 --> 00:28:56,000 Speaker 1: is gonna be a lot of back and forth here. 512 00:28:56,000 --> 00:29:00,120 Speaker 1: It's certainly a Republican year. But you know, Fetterman, for 513 00:29:00,280 --> 00:29:03,360 Speaker 1: this health scare, was sort of a poster child for 514 00:29:03,400 --> 00:29:07,240 Speaker 1: showing how Democrats could do this and be this outsider 515 00:29:07,400 --> 00:29:09,880 Speaker 1: sort of does this impact a tough guy image, Jennie 516 00:29:10,080 --> 00:29:12,520 Speaker 1: not so tough now, and you've got a heart problem. 517 00:29:12,360 --> 00:29:16,200 Speaker 1: I'm I'm genuinely asking it does I mean, it doesn't. 518 00:29:16,200 --> 00:29:18,040 Speaker 1: They're going to have to address that. Some people like 519 00:29:18,120 --> 00:29:20,600 Speaker 1: to describe him as the Paul Bunyan common man. You know, 520 00:29:21,120 --> 00:29:22,600 Speaker 1: you know he's not a superman. But you know, I 521 00:29:22,600 --> 00:29:24,440 Speaker 1: thought they did a good job when he said a 522 00:29:24,480 --> 00:29:26,920 Speaker 1: lot of men his age don't like to go to 523 00:29:26,960 --> 00:29:29,360 Speaker 1: the doctor, and he was the same way. That's an 524 00:29:29,400 --> 00:29:32,160 Speaker 1: honest view, and I think that's the kind of argument 525 00:29:32,160 --> 00:29:33,880 Speaker 1: that he's going to need to make to say, Hey, 526 00:29:33,960 --> 00:29:36,680 Speaker 1: I'm like everybody else, but I've learned and again he 527 00:29:36,680 --> 00:29:40,080 Speaker 1: he may have to be forthcoming about his physical health 528 00:29:40,120 --> 00:29:42,080 Speaker 1: going forward more than they have been. I suspect a 529 00:29:42,080 --> 00:29:44,120 Speaker 1: lot of people could relate with that. Rick, but wait 530 00:29:44,160 --> 00:29:46,040 Speaker 1: till Donald Trump gets ahold of this right, or maybe 531 00:29:46,120 --> 00:29:48,880 Speaker 1: Donald Trump shouldn't be the one talking about heart health. Well, 532 00:29:48,920 --> 00:29:50,560 Speaker 1: I think the more Donald Trump stays out of the 533 00:29:50,600 --> 00:29:53,000 Speaker 1: Pennsylvania Senate race, a better off it is for Dr Odd. 534 00:29:53,840 --> 00:29:57,040 Speaker 1: I really think that, uh, as you described, this should 535 00:29:57,040 --> 00:29:58,920 Speaker 1: be a good turn out. You're would he be the 536 00:29:58,960 --> 00:30:01,040 Speaker 1: comedy without Trump? Or that's the point you go in 537 00:30:01,080 --> 00:30:03,680 Speaker 1: the general election? Have Donald Trump stay at Marlou Yeah, 538 00:30:03,680 --> 00:30:06,440 Speaker 1: I think I think the best methodology Donald Trump has 539 00:30:06,560 --> 00:30:09,080 Speaker 1: is make your picks in the primary, and then uh 540 00:30:09,560 --> 00:30:13,360 Speaker 1: help whenever the base gets unruly, but otherwise stay out 541 00:30:13,360 --> 00:30:15,120 Speaker 1: of it because you've got to go beyond your base 542 00:30:15,160 --> 00:30:17,560 Speaker 1: in order to win out of state like Pennsylvania. And 543 00:30:17,600 --> 00:30:19,440 Speaker 1: as Genie was saying, it is likely to be a 544 00:30:19,440 --> 00:30:22,920 Speaker 1: close race, um um, you know, your Republicans usually only 545 00:30:22,920 --> 00:30:25,520 Speaker 1: win by a couple of points there, and so it 546 00:30:25,600 --> 00:30:28,920 Speaker 1: will be competitive. I would say that the early indications 547 00:30:28,960 --> 00:30:33,680 Speaker 1: by the large turnout in the Pennsylvania Republican primary is 548 00:30:33,760 --> 00:30:36,719 Speaker 1: indicative of a lot of good intensity by Republicans, and 549 00:30:36,760 --> 00:30:39,320 Speaker 1: so it's Oz's job to keep that moving. Rick, you 550 00:30:39,400 --> 00:30:44,600 Speaker 1: have actually managed a candidate's health status publicly before. What 551 00:30:44,640 --> 00:30:47,160 Speaker 1: would be your advice to the Fetterman camp. Yeah, I 552 00:30:47,200 --> 00:30:49,080 Speaker 1: think it's very similar to what Genie was saying, you know, 553 00:30:49,120 --> 00:30:51,720 Speaker 1: be very transparent. I mean, when we had this come 554 00:30:51,800 --> 00:30:54,920 Speaker 1: up with John McCain in the two thousand presidential campaign, 555 00:30:55,040 --> 00:30:57,520 Speaker 1: Oh my god, how did he survive the prison camp? 556 00:30:57,520 --> 00:31:00,200 Speaker 1: He must be crazy. We release all of his is 557 00:31:00,400 --> 00:31:03,040 Speaker 1: uh military medical records. I mean there were probably eight 558 00:31:03,040 --> 00:31:05,440 Speaker 1: thousand pages, and we let people come in and read 559 00:31:05,440 --> 00:31:09,320 Speaker 1: through them, and reporters and and and and physicians alike 560 00:31:09,440 --> 00:31:12,120 Speaker 1: and so uh and and and Frankly, there's a lot 561 00:31:12,160 --> 00:31:14,480 Speaker 1: of good news in there, even if there's some bad news, 562 00:31:14,480 --> 00:31:15,920 Speaker 1: and you have to put it all out and be 563 00:31:15,960 --> 00:31:19,360 Speaker 1: transparent about it. Otherwise the issue isn't their health. It's 564 00:31:19,400 --> 00:31:22,880 Speaker 1: like you're not being cleared American you know, voters, and 565 00:31:22,880 --> 00:31:25,560 Speaker 1: and that is worse. We're spending time with Rick and 566 00:31:25,640 --> 00:31:28,160 Speaker 1: Jeanie our signature panel on Bloomberg sound On. I'm Joe 567 00:31:28,200 --> 00:31:31,840 Speaker 1: Matthew at World Headquarters in New York as we prepare 568 00:31:31,920 --> 00:31:38,200 Speaker 1: not only for primaries tomorrow, but a very important hearing 569 00:31:38,240 --> 00:31:40,520 Speaker 1: on Thursday. And I haven't had a chance to ask 570 00:31:40,680 --> 00:31:43,240 Speaker 1: you guys about this. This is the January six Committee, 571 00:31:43,240 --> 00:31:45,080 Speaker 1: and there's a lot of news about this. Over the weekend. 572 00:31:45,080 --> 00:31:47,600 Speaker 1: Members of the committee are really starting to get out 573 00:31:47,600 --> 00:31:49,840 Speaker 1: there a little bit, do a little bit of previewing here. 574 00:31:49,920 --> 00:31:52,600 Speaker 1: This is, of course, the committee investigating the capital attack, 575 00:31:53,080 --> 00:31:56,239 Speaker 1: and they're planning their first televised hearing. Not just that 576 00:31:56,320 --> 00:31:59,200 Speaker 1: you could you know, you could have a televised hearing 577 00:31:59,240 --> 00:32:01,520 Speaker 1: that nobody would ever see at ten o'clock in the morning. 578 00:32:01,520 --> 00:32:06,320 Speaker 1: This is truly prime time at eight pm. Uh. Among 579 00:32:06,400 --> 00:32:08,960 Speaker 1: those getting out ahead of this. Liz Cheney, of course, 580 00:32:09,000 --> 00:32:11,720 Speaker 1: one of only two Republicans on the panel. She sat 581 00:32:11,760 --> 00:32:15,320 Speaker 1: down with Robert Costa at CBS to talk about what 582 00:32:15,480 --> 00:32:17,560 Speaker 1: is an inflection point as she sees it here for 583 00:32:17,600 --> 00:32:21,840 Speaker 1: the Republican Party. Is this moment a moral test for 584 00:32:21,880 --> 00:32:26,320 Speaker 1: the Republican Party? Absolutely, no, no question, and and right 585 00:32:26,360 --> 00:32:29,840 Speaker 1: now we're failing. You know, in my state, the state 586 00:32:29,880 --> 00:32:32,520 Speaker 1: party chairman is a member of the oath Keepers. He 587 00:32:32,640 --> 00:32:36,200 Speaker 1: was he was here on January six. He was here 588 00:32:36,240 --> 00:32:38,640 Speaker 1: with a walkie talkie in his hand on January six. 589 00:32:38,960 --> 00:32:43,080 Speaker 1: That is a mortal threat, and it is a moral test. 590 00:32:43,920 --> 00:32:46,440 Speaker 1: We can't fail that moral test. But there are too 591 00:32:46,440 --> 00:32:49,440 Speaker 1: many right now and my party m who are failing. 592 00:32:49,480 --> 00:32:53,240 Speaker 1: In great curious as a Republican your response to that, 593 00:32:53,400 --> 00:32:56,800 Speaker 1: and if you do expect to see something meaningfully new 594 00:32:56,960 --> 00:32:59,360 Speaker 1: on Thursday, Well, I think a lot of it has 595 00:32:59,400 --> 00:33:02,600 Speaker 1: been that out already. The committee has actually built some 596 00:33:02,680 --> 00:33:07,600 Speaker 1: momentum around these hearings by selectively releasing uh, different kinds 597 00:33:07,600 --> 00:33:11,120 Speaker 1: of information that that frankly is pretty interesting. Uh. And 598 00:33:11,160 --> 00:33:14,160 Speaker 1: I think they're aided by some of the Justice Department 599 00:33:14,200 --> 00:33:18,680 Speaker 1: prosecutions like today announcing charges against the Proud Boys members, 600 00:33:18,760 --> 00:33:21,840 Speaker 1: you know, with sedition charges. So there's a there's a 601 00:33:21,840 --> 00:33:24,280 Speaker 1: building of a crescendo. And of course for Liz Cheney, 602 00:33:24,360 --> 00:33:28,600 Speaker 1: it's not only just about the moral uh turpitude of 603 00:33:28,640 --> 00:33:31,920 Speaker 1: her own party, the GOP, but it's also like her 604 00:33:32,160 --> 00:33:35,720 Speaker 1: entire reelection is going to be banked on whether or 605 00:33:35,760 --> 00:33:38,840 Speaker 1: not these hearings are seen in her state, and and 606 00:33:38,840 --> 00:33:41,800 Speaker 1: and that people frankly change their minds when they see them. 607 00:33:41,960 --> 00:33:44,280 Speaker 1: At least six of these hearings are planned Genie, two 608 00:33:44,320 --> 00:33:49,400 Speaker 1: of them in prime time. There are professional video producers 609 00:33:49,480 --> 00:33:56,080 Speaker 1: apparently helping to create portions of this presentation. Most people 610 00:33:56,160 --> 00:33:58,800 Speaker 1: think they already know everything about January six, right, that's 611 00:33:58,800 --> 00:34:01,800 Speaker 1: why we're not talking about it every day. How important 612 00:34:01,880 --> 00:34:05,400 Speaker 1: will these hearings be to bring something new to light? 613 00:34:06,120 --> 00:34:09,160 Speaker 1: They're critically important, and you know, the committee has been 614 00:34:09,200 --> 00:34:13,040 Speaker 1: promising that, you know, this is going to be astonishing, 615 00:34:13,160 --> 00:34:15,680 Speaker 1: it's going to blow people's minds, all of those things. 616 00:34:15,680 --> 00:34:17,560 Speaker 1: And so a big question is going to be can 617 00:34:17,640 --> 00:34:20,680 Speaker 1: they meet their own test and can they capture the 618 00:34:20,760 --> 00:34:25,759 Speaker 1: nation's attention with this or or people so as you mentioned, 619 00:34:25,800 --> 00:34:28,439 Speaker 1: committed to where what to what they know they lived 620 00:34:28,440 --> 00:34:30,399 Speaker 1: through it, they don't need to know anything more about 621 00:34:30,440 --> 00:34:32,120 Speaker 1: it that they're just going to sort of ignore it. 622 00:34:32,440 --> 00:34:34,920 Speaker 1: And you know, you juxtapose this with say the Watergate 623 00:34:34,960 --> 00:34:38,080 Speaker 1: hearings or even around contract. The media has changed an 624 00:34:38,080 --> 00:34:41,160 Speaker 1: awful lot. And we've already seen that President Trump, former 625 00:34:41,200 --> 00:34:45,440 Speaker 1: President Trump, is talking about counter programming. He's already reaching 626 00:34:45,440 --> 00:34:48,799 Speaker 1: out to allies McCarthy, Stefanik, who he's got a fundraiser 627 00:34:48,880 --> 00:34:52,120 Speaker 1: for tonight to lead the charge on that. And so 628 00:34:52,160 --> 00:34:54,279 Speaker 1: as much as Republicans may not want to talk about it, 629 00:34:54,320 --> 00:34:56,759 Speaker 1: there's some allies there who are going to talk about it. 630 00:34:57,000 --> 00:34:59,399 Speaker 1: So it's going to be fascinating to see if they 631 00:34:59,520 --> 00:35:02,520 Speaker 1: can live up to the hype that they've set on 632 00:35:02,560 --> 00:35:07,200 Speaker 1: this and truly given narrative that people captures people really hard, 633 00:35:07,560 --> 00:35:09,920 Speaker 1: as we all know to do in this environment. So 634 00:35:09,920 --> 00:35:11,960 Speaker 1: what are we talking about here, Rick? I mean, is 635 00:35:12,000 --> 00:35:14,600 Speaker 1: it going to be the Capital riot from a different 636 00:35:14,600 --> 00:35:17,040 Speaker 1: angle we haven't seen before. You know that there's gonna 637 00:35:17,040 --> 00:35:19,160 Speaker 1: be a video camera you didn't know, or will there 638 00:35:19,200 --> 00:35:23,239 Speaker 1: be actually new information, new names or or at least 639 00:35:23,719 --> 00:35:26,319 Speaker 1: better connections to the names that we've been hearing about. Yeah, 640 00:35:26,360 --> 00:35:28,360 Speaker 1: I think part of it is There's gonna be evidence, right, 641 00:35:28,400 --> 00:35:30,839 Speaker 1: There's gonna be email exchanges that will come to light, 642 00:35:30,920 --> 00:35:34,480 Speaker 1: There'll be you know, interviews with the committee that they'll 643 00:35:34,520 --> 00:35:36,759 Speaker 1: talk about. This will all get make its way into 644 00:35:36,800 --> 00:35:39,040 Speaker 1: the public domain, and so a lot of it will 645 00:35:39,040 --> 00:35:41,360 Speaker 1: be proof. Right, it won't be just speculation as to 646 00:35:41,400 --> 00:35:43,240 Speaker 1: what happened, but a lot of it will also focus 647 00:35:43,320 --> 00:35:46,640 Speaker 1: on the run up to September six or to January six? 648 00:35:46,719 --> 00:35:51,600 Speaker 1: What what was the intent? Was this really a soft coup? Uh? 649 00:35:51,760 --> 00:35:54,879 Speaker 1: And and I think that's part of what the conclusion 650 00:35:55,400 --> 00:35:57,959 Speaker 1: We don't know yet, but what what people are saying, 651 00:35:58,000 --> 00:35:59,840 Speaker 1: you know what, what it's going to be Ultimately the 652 00:36:00,000 --> 00:36:03,680 Speaker 1: inclusion was there an attempt by the President United States 653 00:36:03,760 --> 00:36:05,960 Speaker 1: and his allies and government and in a in a 654 00:36:06,000 --> 00:36:09,200 Speaker 1: private sector to thwart the outcome of an election, And 655 00:36:09,200 --> 00:36:12,400 Speaker 1: and that could be a huge impact in a country 656 00:36:12,440 --> 00:36:14,560 Speaker 1: that's already divided. You just wonder who's going to be 657 00:36:14,600 --> 00:36:18,120 Speaker 1: paying attention, Jennie. I don't know if the networks are 658 00:36:18,160 --> 00:36:21,360 Speaker 1: carrying this, If this is just the cables, it could 659 00:36:21,400 --> 00:36:25,080 Speaker 1: stand to just galvanize a lot of existing beliefs. That's right, 660 00:36:25,120 --> 00:36:26,520 Speaker 1: And a lot of this, of course, is going to 661 00:36:26,640 --> 00:36:28,759 Speaker 1: be you know what do people break out of it 662 00:36:28,760 --> 00:36:31,000 Speaker 1: and put on Twitter or put on Instagram. You know, 663 00:36:31,120 --> 00:36:33,560 Speaker 1: these young people don't tend to watch these kinds of 664 00:36:33,640 --> 00:36:37,680 Speaker 1: live They stream everything. Yeah, and so they're going to 665 00:36:37,760 --> 00:36:39,759 Speaker 1: have to have people cutting this out and and and 666 00:36:39,800 --> 00:36:42,080 Speaker 1: moving it forward as you will. So you know, I 667 00:36:42,480 --> 00:36:45,160 Speaker 1: I am very curious to see how this plays, because 668 00:36:45,160 --> 00:36:48,800 Speaker 1: again we are a long ways away from the Watergate hearings, 669 00:36:49,000 --> 00:36:51,719 Speaker 1: and of course we can't forget what a serious situation 670 00:36:51,840 --> 00:36:53,920 Speaker 1: this was and what a test the committee has in 671 00:36:53,960 --> 00:36:57,160 Speaker 1: front of them. To meet eight o'clock Washington time Thursday. 672 00:36:57,160 --> 00:37:00,160 Speaker 1: We're gonna have a lot to talk about on Friday. 673 00:37:00,239 --> 00:37:02,480 Speaker 1: Then again, we have a lot to talk about every day. 674 00:37:02,560 --> 00:37:04,799 Speaker 1: We've got a primary day tomorrow. We'll be talking about 675 00:37:04,840 --> 00:37:07,280 Speaker 1: it with Rick and Jeannie right here on the fastest 676 00:37:07,280 --> 00:37:09,120 Speaker 1: hour in politics. I'll meet you back in d C. 677 00:37:09,360 --> 00:37:11,440 Speaker 1: I'm Joe Matthew. This is Bloomberg