1 00:00:00,320 --> 00:00:03,120 Speaker 1: Why from our nations this budget thing is going to 2 00:00:03,200 --> 00:00:05,920 Speaker 1: do nothing space forces. I still think it's interesting President 3 00:00:05,960 --> 00:00:09,600 Speaker 1: Trump not playing his cards yet headlines Policy and Politics 4 00:00:09,680 --> 00:00:14,400 Speaker 1: colliding sound on with Kevin's. He related the insiders, the influencers, 5 00:00:14,560 --> 00:00:17,360 Speaker 1: the insides. I would rather see a congressional solution. It's 6 00:00:17,400 --> 00:00:20,360 Speaker 1: part of my DNA. The Senate map in looks a 7 00:00:20,360 --> 00:00:22,680 Speaker 1: lot different than it looked in. You really have a 8 00:00:22,720 --> 00:00:26,000 Speaker 1: divide within Team Trump. The president has to do exactly 9 00:00:26,040 --> 00:00:27,560 Speaker 1: what people send him here to do, which is to 10 00:00:27,600 --> 00:00:31,240 Speaker 1: get it done. He's sound on with Kevin's her relate 11 00:00:31,520 --> 00:00:34,960 Speaker 1: on Bloomberg one and one oh five point seven f 12 00:00:35,080 --> 00:00:39,600 Speaker 1: m h D two Botimore Mueller's Mike drops Special Counsel 13 00:00:39,720 --> 00:00:43,479 Speaker 1: Bob Mueller says that his probe did not clear President 14 00:00:43,560 --> 00:00:47,240 Speaker 1: Trump on the obstruction of justice issue. This as he 15 00:00:47,320 --> 00:00:50,240 Speaker 1: announces that he is resigning, he is shutting down the 16 00:00:50,280 --> 00:00:53,880 Speaker 1: Special Council office, and he is returning to public life. 17 00:00:53,960 --> 00:00:59,600 Speaker 1: But does public life include testifying before Congress? That remarkable 18 00:00:59,680 --> 00:01:02,800 Speaker 1: from arkable statement, can't really call it a press conference. 19 00:01:02,840 --> 00:01:06,240 Speaker 1: He didn't take questions statement that he gave earlier today 20 00:01:06,959 --> 00:01:09,280 Speaker 1: at the Department of Justice. What does it all mean? 21 00:01:09,400 --> 00:01:12,640 Speaker 1: Plus the stock market today, the DAW and the SMP 22 00:01:12,880 --> 00:01:16,840 Speaker 1: falling to a twelve week low, and the latest regarding 23 00:01:17,000 --> 00:01:20,360 Speaker 1: the U s foreign policy, the US directing nine hundred 24 00:01:20,400 --> 00:01:23,559 Speaker 1: new Middle East troops to Saudi Arabia and cutter amid 25 00:01:23,760 --> 00:01:26,640 Speaker 1: escalating tensions in the region. All of that plus trade 26 00:01:26,680 --> 00:01:30,280 Speaker 1: policy with an all star, all star sound on panel 27 00:01:30,400 --> 00:01:34,240 Speaker 1: Terry Sullivan, partner at Firehouse Strategies public relations firm and 28 00:01:34,280 --> 00:01:39,360 Speaker 1: the former presidential campaign manager to Senator Marco Rubio, and A. B. Stoddard, 29 00:01:39,360 --> 00:01:42,760 Speaker 1: associate editor and columnists at Real Clear Politics. Who I 30 00:01:42,840 --> 00:01:46,000 Speaker 1: gotta say, my father is president of A. B. Stoddard's 31 00:01:46,240 --> 00:01:49,960 Speaker 1: fan club. It really was a busy, busy day, especially 32 00:01:50,000 --> 00:01:53,360 Speaker 1: of historic proportions, as folks finally got to hear from 33 00:01:53,720 --> 00:01:57,040 Speaker 1: Special Counsel Robert Mueller. Finally, I mean it was it 34 00:01:57,080 --> 00:02:00,240 Speaker 1: was kind of interesting. Most of the general public never 35 00:02:00,280 --> 00:02:03,560 Speaker 1: heard him speak before. So he gives this statement at 36 00:02:03,600 --> 00:02:08,760 Speaker 1: about just before noon and essentially says, well, I'll let 37 00:02:08,919 --> 00:02:10,880 Speaker 1: I'll let him take it from here. Take a listen 38 00:02:10,919 --> 00:02:15,160 Speaker 1: to what Special Counsel Bob Mueller said making his first 39 00:02:15,240 --> 00:02:20,000 Speaker 1: public statement on the Russia investigation and concluding that there well, 40 00:02:20,280 --> 00:02:24,600 Speaker 1: on his own conclusions. Here's the Special counselor after that investigation. 41 00:02:25,160 --> 00:02:28,720 Speaker 1: If we had had confidence that the president clearly did 42 00:02:28,800 --> 00:02:33,000 Speaker 1: not commit a crime, we would have said so. We did, not, however, 43 00:02:33,120 --> 00:02:35,960 Speaker 1: make a determination as to whether the President did commit 44 00:02:36,040 --> 00:02:40,280 Speaker 1: a crime. So Special Counsel Bob Muller not saying when 45 00:02:40,400 --> 00:02:43,760 Speaker 1: we're dodging once again whether or not he believes that 46 00:02:44,120 --> 00:02:47,840 Speaker 1: President Trump committed a crime with me for the hour. A. B. Stodded, 47 00:02:47,880 --> 00:02:51,120 Speaker 1: associate editor and columnists at Real Clear Politics, Terry Sullivan, 48 00:02:51,440 --> 00:02:55,120 Speaker 1: partner at fire How Strategies PR firm, and the former 49 00:02:55,200 --> 00:02:59,400 Speaker 1: presidential campaign manager to Senator Marco Rubio. A B. What 50 00:02:59,560 --> 00:03:05,239 Speaker 1: when you year that played from the Special counsel Your reaction, Well, 51 00:03:06,120 --> 00:03:09,200 Speaker 1: a lot of the people who want to believe, you know, 52 00:03:09,280 --> 00:03:12,359 Speaker 1: Trump's supporters, Trump allies today are saying, basically, everything that 53 00:03:12,520 --> 00:03:15,040 Speaker 1: came out of Bob Mueller's mouth today was already in 54 00:03:15,120 --> 00:03:17,040 Speaker 1: the report. And you can make that argument that he 55 00:03:17,200 --> 00:03:20,519 Speaker 1: made the decision to come and say a select few 56 00:03:20,680 --> 00:03:25,600 Speaker 1: things from the report on camera for posterity's sake, and too, 57 00:03:25,840 --> 00:03:29,799 Speaker 1: I think underscore the fact he contradicted the Attorney general. 58 00:03:30,000 --> 00:03:32,880 Speaker 1: He said he believes he made his assessments in good faith. 59 00:03:32,960 --> 00:03:35,360 Speaker 1: But he didn't say, and I agree with him. He 60 00:03:35,520 --> 00:03:40,800 Speaker 1: basically contradicted him by making the case that he followed 61 00:03:41,360 --> 00:03:44,240 Speaker 1: legal guidelines rules of the Justice Department called the Office 62 00:03:44,240 --> 00:03:47,480 Speaker 1: of Legal Counsel guidelines that he could not indict a 63 00:03:47,560 --> 00:03:49,640 Speaker 1: sitting president, and so he never even thought he could 64 00:03:49,680 --> 00:03:51,680 Speaker 1: come up with the idea of charging him. He knew 65 00:03:51,720 --> 00:03:56,520 Speaker 1: that from the start, and that um he he obviously 66 00:03:56,600 --> 00:03:59,160 Speaker 1: made it explicit by repeating this that he could not 67 00:03:59,320 --> 00:04:04,280 Speaker 1: exonerate him, and I think he did it generally speaking. Kevin, 68 00:04:04,400 --> 00:04:06,560 Speaker 1: My sense of the whole thing, the whole nine minutes 69 00:04:06,680 --> 00:04:09,640 Speaker 1: was he believes Americans are not reading this report, that 70 00:04:09,720 --> 00:04:12,400 Speaker 1: they've been misled on the interpretation and the narrative, and 71 00:04:12,520 --> 00:04:16,440 Speaker 1: that the rush apart the actual attack on our democracy 72 00:04:16,680 --> 00:04:19,599 Speaker 1: is so is so grave and urgent, and that people 73 00:04:19,640 --> 00:04:22,440 Speaker 1: are not understanding that the import of that. Yeah, he 74 00:04:22,560 --> 00:04:26,520 Speaker 1: may be a phenomenal legal mind, but if he is 75 00:04:26,600 --> 00:04:30,720 Speaker 1: surprised that Americans haven't read a four page report, then 76 00:04:30,800 --> 00:04:33,520 Speaker 1: he maybe is lacking in the common sense front. I mean, look, 77 00:04:34,920 --> 00:04:40,239 Speaker 1: not one single Americans mind has changed about the report 78 00:04:40,560 --> 00:04:43,200 Speaker 1: after he came out today, which says more about Americans 79 00:04:43,320 --> 00:04:45,680 Speaker 1: than it does, probably about Bob Bob Mueller or the 80 00:04:45,760 --> 00:04:47,920 Speaker 1: report or anything else. But at the end of the day, 81 00:04:48,320 --> 00:04:51,479 Speaker 1: people believe what they want to believe. And to his point, 82 00:04:51,560 --> 00:04:54,160 Speaker 1: if Donald Trump shot someone on on Fifth Avenue, you 83 00:04:54,200 --> 00:04:56,680 Speaker 1: can get away with it. Maybe I was struck by this. 84 00:04:56,839 --> 00:05:00,760 Speaker 1: I mean nine minutes. We got nine minutes, nine minutes 85 00:05:01,000 --> 00:05:04,600 Speaker 1: of a statement that Special Counsel Bob Muller offered, and 86 00:05:04,760 --> 00:05:07,160 Speaker 1: he did it really, really was a reiteration of this 87 00:05:07,360 --> 00:05:11,880 Speaker 1: report which was more than twenty nine months to subpoenas 88 00:05:11,960 --> 00:05:16,160 Speaker 1: or something like that. Um and he was the historical 89 00:05:16,320 --> 00:05:19,920 Speaker 1: figure that history will remember, history will judge, and he 90 00:05:20,000 --> 00:05:23,520 Speaker 1: offered nine minutes. I mean, there's there's some folks who, 91 00:05:23,600 --> 00:05:26,360 Speaker 1: I think reasonable folks, who would say, the American people 92 00:05:26,440 --> 00:05:31,000 Speaker 1: deserve to hear and from this man under oath before 93 00:05:31,080 --> 00:05:34,880 Speaker 1: Congress to answer questions not from a mainstream cable news 94 00:05:34,960 --> 00:05:38,160 Speaker 1: fight fodder, but but real questions that that folks have 95 00:05:38,320 --> 00:05:41,080 Speaker 1: about this. And then I think there are other folks 96 00:05:41,120 --> 00:05:44,320 Speaker 1: who would say, well, you know, he wants the report 97 00:05:44,400 --> 00:05:46,840 Speaker 1: to speak for himself. Is there any way to reconcile 98 00:05:46,960 --> 00:05:51,279 Speaker 1: both of those thoughts? Right? That is such an important question. 99 00:05:51,360 --> 00:05:53,680 Speaker 1: Kevin I mean, that's the paradox of Bob Mueller, right, 100 00:05:53,720 --> 00:05:56,520 Speaker 1: that he wants to remain the sphinx. He likes to 101 00:05:56,600 --> 00:06:03,080 Speaker 1: be so intentionally, um, hyper measured and kind of subtle 102 00:06:03,160 --> 00:06:06,160 Speaker 1: in his rhetoric that he that nothing can be used 103 00:06:06,240 --> 00:06:09,479 Speaker 1: in like SoundBite form and can be used by either 104 00:06:09,560 --> 00:06:13,200 Speaker 1: political side in a fight. Uh. And he sort of 105 00:06:13,520 --> 00:06:16,800 Speaker 1: takes pains to to be fair to the point where 106 00:06:16,800 --> 00:06:19,360 Speaker 1: he's just sort of jumbling, you know, a bunch of 107 00:06:19,480 --> 00:06:23,880 Speaker 1: marbles out and trying to bury things to leaves. It's exhausting, 108 00:06:23,920 --> 00:06:27,120 Speaker 1: and people want context, which is a really interesting word 109 00:06:27,200 --> 00:06:29,960 Speaker 1: that he chose to use when he wrote to the 110 00:06:30,000 --> 00:06:32,640 Speaker 1: Attorney General about the way his findings were released in 111 00:06:32,760 --> 00:06:35,719 Speaker 1: some reform. He put it in a letter which everyone 112 00:06:35,839 --> 00:06:38,279 Speaker 1: knew was very un Bob Mueller like because he knew 113 00:06:38,320 --> 00:06:40,680 Speaker 1: it would be leaked. And one of the words he 114 00:06:40,800 --> 00:06:44,960 Speaker 1: said was the context that he felt confusion had been created. 115 00:06:45,320 --> 00:06:49,600 Speaker 1: And what you describe is Bob Muller answering questions for 116 00:06:49,760 --> 00:06:53,520 Speaker 1: the public under oath. It would be it's an effort 117 00:06:53,560 --> 00:06:55,520 Speaker 1: to see context. A lot of things that are in 118 00:06:55,640 --> 00:06:58,279 Speaker 1: his report and he doesn't want to talk about the context, 119 00:06:58,600 --> 00:07:01,279 Speaker 1: but it is very hard to to remedy. By the book, 120 00:07:01,320 --> 00:07:03,800 Speaker 1: Bob wants to stay in the background. And by the book, Bob, 121 00:07:03,880 --> 00:07:06,920 Speaker 1: who so cares as a marine and in a long time, 122 00:07:07,000 --> 00:07:09,800 Speaker 1: longest serving FBI director about the rule of law, has 123 00:07:09,840 --> 00:07:12,240 Speaker 1: to understand this is an extraordinary a situation. He might 124 00:07:12,320 --> 00:07:14,240 Speaker 1: have to put on his big boy pants and be 125 00:07:14,400 --> 00:07:17,840 Speaker 1: uncomfortable in a judiciary committee hearing. Yeah, but wouldn't matter. 126 00:07:18,000 --> 00:07:21,040 Speaker 1: I mean, first of all, the notion of that Congress, 127 00:07:21,280 --> 00:07:25,680 Speaker 1: anybody in Congress just about could question him in as Kevin, 128 00:07:25,720 --> 00:07:28,200 Speaker 1: did you put a non cable news kind of way 129 00:07:28,800 --> 00:07:31,640 Speaker 1: is ludicrous. I mean, everyone's going to be be positioning 130 00:07:31,720 --> 00:07:34,840 Speaker 1: for their Spartacus moment, and they're all going to try 131 00:07:34,880 --> 00:07:37,480 Speaker 1: to grandstand and and try to give him got your questions. 132 00:07:37,720 --> 00:07:39,160 Speaker 1: And that's why I doesn't want to do it. And 133 00:07:39,520 --> 00:07:41,760 Speaker 1: at the end of the day, the guy came out 134 00:07:41,800 --> 00:07:44,480 Speaker 1: today and functionally said the he believes the president broke 135 00:07:44,520 --> 00:07:47,160 Speaker 1: the law. When he said, if we thought he didn't, 136 00:07:47,200 --> 00:07:49,040 Speaker 1: we would have said it. We didn't say I mean 137 00:07:49,120 --> 00:07:51,080 Speaker 1: he said it. I mean it was a nuanced way 138 00:07:51,080 --> 00:07:53,400 Speaker 1: and it wasn't you know. But but that's what he said. 139 00:07:53,760 --> 00:07:55,280 Speaker 1: And again I go back to the point. I don't 140 00:07:55,320 --> 00:07:58,480 Speaker 1: think one single Americans mind is changed on the issue 141 00:07:58,480 --> 00:08:00,800 Speaker 1: because anymore people believe what they want to believe about 142 00:08:00,800 --> 00:08:02,840 Speaker 1: the politicians they believe in. All Right, coming up, we're 143 00:08:02,880 --> 00:08:06,520 Speaker 1: gonna talk more about the fallout from the reaction rather 144 00:08:06,600 --> 00:08:10,840 Speaker 1: from Democrats and President Trump himself. Regarding Special Counsel Bob 145 00:08:10,920 --> 00:08:14,240 Speaker 1: Miller's comments today, Uh, and I do just want to 146 00:08:14,400 --> 00:08:18,119 Speaker 1: reiterate the final statement that he made before he walked 147 00:08:18,120 --> 00:08:20,920 Speaker 1: away from that microphone, not taking questions. He said, quote, 148 00:08:21,160 --> 00:08:24,680 Speaker 1: I will close by reiterating the central allegation of our 149 00:08:24,840 --> 00:08:29,960 Speaker 1: indictments that there were multiple systematic efforts to interfere in 150 00:08:30,120 --> 00:08:35,600 Speaker 1: our election. That allegation deserves the attention of every American. 151 00:08:36,240 --> 00:08:39,760 Speaker 1: Hump Day, folks, a beautiful, beautiful summer day here in Washington, 152 00:08:39,840 --> 00:08:42,959 Speaker 1: d C. I gotta be honest, I've joined the scooter club. 153 00:08:43,440 --> 00:08:45,800 Speaker 1: I now am going from the White House to Capitol 154 00:08:45,840 --> 00:08:48,400 Speaker 1: Hill via scooter. Not that anybody cares, but if you 155 00:08:48,760 --> 00:08:50,920 Speaker 1: if you're driving on the roads, watch out for those scooters. 156 00:08:51,000 --> 00:08:54,000 Speaker 1: It could be keV with me here in studio for 157 00:08:54,200 --> 00:08:58,040 Speaker 1: the hour. Terry Sullivan, partner at Firehouse Strategies public relations firm. 158 00:08:58,360 --> 00:09:02,000 Speaker 1: He's also the former presidential campaign manager to Senator Marco Rubio. 159 00:09:02,080 --> 00:09:03,880 Speaker 1: I hear he rides a motorcycles and knows a thing 160 00:09:04,000 --> 00:09:07,240 Speaker 1: or two about vehicles that are not cars, and ab 161 00:09:07,440 --> 00:09:11,040 Speaker 1: started associate editor and columnists at Real Clear Politics. We're 162 00:09:11,080 --> 00:09:13,680 Speaker 1: talking about the Muller might drop or as a by called, 163 00:09:13,720 --> 00:09:15,839 Speaker 1: what'd you call it? By the Book Bob? That's his 164 00:09:16,000 --> 00:09:18,679 Speaker 1: sort of nickname. I mean, that's his reputation nickname. I 165 00:09:18,720 --> 00:09:20,800 Speaker 1: don't think people come up to him and say, hey, 166 00:09:20,880 --> 00:09:23,839 Speaker 1: by the Book hasn't hanging today, that they say it 167 00:09:23,920 --> 00:09:26,559 Speaker 1: behind his back when they're when they're not at Martin's tavern. 168 00:09:26,640 --> 00:09:29,040 Speaker 1: You know, Dudley do right and whatever. Those lists of 169 00:09:29,120 --> 00:09:31,400 Speaker 1: people who you know, I guess they're the worst nicknames. 170 00:09:31,520 --> 00:09:33,800 Speaker 1: I mean, the president hasn't really tweeted a nickname for 171 00:09:33,880 --> 00:09:35,439 Speaker 1: By the Book Bob, but I mean that kind of 172 00:09:35,760 --> 00:09:37,959 Speaker 1: I don't know if he would would agree with that. 173 00:09:38,080 --> 00:09:42,440 Speaker 1: But the President, for his part tweeting responding to Special 174 00:09:42,520 --> 00:09:46,559 Speaker 1: counsel Bob Mueller's uh, Mueller might drop or however you 175 00:09:46,640 --> 00:09:49,360 Speaker 1: want to call it, and saying that nothing has changed. 176 00:09:50,120 --> 00:09:53,120 Speaker 1: Do you think that his comments today change anything? A 177 00:09:53,280 --> 00:09:57,920 Speaker 1: b Well, I um, I do think that it is, 178 00:09:58,880 --> 00:10:01,760 Speaker 1: as we've all been talking about, putting enormous pressure on 179 00:10:01,840 --> 00:10:05,240 Speaker 1: the Democrats because many people interpret what he said today 180 00:10:05,400 --> 00:10:10,240 Speaker 1: as basically an emphatic push to the Congress that he 181 00:10:10,400 --> 00:10:13,840 Speaker 1: couldn't uh indict or clear this president and the remedy 182 00:10:13,920 --> 00:10:17,719 Speaker 1: in the Constitution is on their laps and it's their responsibility. 183 00:10:18,160 --> 00:10:21,960 Speaker 1: And so you see, you know, a real pushback. Candidates 184 00:10:22,040 --> 00:10:24,920 Speaker 1: are all on board. Pelosi and then of course Biden 185 00:10:25,120 --> 00:10:27,760 Speaker 1: instantly do their sort of it's all on the table, okay, 186 00:10:27,840 --> 00:10:31,000 Speaker 1: but really not yet. Um. They're they're continuing to put 187 00:10:31,040 --> 00:10:34,640 Speaker 1: to pump the brakes. And so I think that's he 188 00:10:34,880 --> 00:10:38,040 Speaker 1: he really put a fire under impeachment that wasn't there 189 00:10:38,440 --> 00:10:41,719 Speaker 1: this morning before he spoke. UM, And I don't think that. 190 00:10:42,280 --> 00:10:44,920 Speaker 1: I think it is really easy for everyone, as we've 191 00:10:44,960 --> 00:10:47,600 Speaker 1: been saying in Trump world, to say, look, nothing's new, 192 00:10:47,679 --> 00:10:49,480 Speaker 1: just like the President said, although he did not call 193 00:10:49,520 --> 00:10:51,560 Speaker 1: it a hoax or a winch hunt today, in his response, 194 00:10:51,600 --> 00:10:54,720 Speaker 1: he said, insufficient evidence in a tweet clearly authored by 195 00:10:54,800 --> 00:10:58,800 Speaker 1: somebody else under the Trump name, But it'll be interesting 196 00:10:58,880 --> 00:11:03,480 Speaker 1: to see fit. You know, after Congressman Amash held this um, 197 00:11:03,800 --> 00:11:06,720 Speaker 1: you know, town hall last night, not knowing Mueller would 198 00:11:06,720 --> 00:11:09,560 Speaker 1: talk to us today, and he basically said, look, my colleagues, 199 00:11:09,600 --> 00:11:12,760 Speaker 1: including the House Republican leader, are not reading the report 200 00:11:12,800 --> 00:11:14,600 Speaker 1: and they don't care. And the ones who have agree 201 00:11:14,600 --> 00:11:17,480 Speaker 1: with me privately, we don't know that. Um. You know, 202 00:11:17,679 --> 00:11:19,800 Speaker 1: in the days to come, this won't put more pressure 203 00:11:19,800 --> 00:11:23,080 Speaker 1: on Republicans to respond. Have you read the Mueller report? 204 00:11:23,160 --> 00:11:24,920 Speaker 1: And what do you think of what Bob Mueller said 205 00:11:24,960 --> 00:11:27,080 Speaker 1: the other day? And what do you can you defend 206 00:11:27,160 --> 00:11:29,840 Speaker 1: what's in the Muller President Trump's tweeting six hours ago 207 00:11:29,960 --> 00:11:33,760 Speaker 1: quote nothing changes from the Mueller report. There was insufficient evidence, 208 00:11:33,840 --> 00:11:37,520 Speaker 1: and therefore, in our country, a person is innocent. The 209 00:11:37,600 --> 00:11:39,640 Speaker 1: case is closed. Thank you. Speaker of the House, Nancy 210 00:11:39,679 --> 00:11:42,839 Speaker 1: Pelosi disagrees. Here's the Speaker of the House, speaking in 211 00:11:43,120 --> 00:11:47,920 Speaker 1: San France, Beloved San fran at the Commonwealth Club of California, 212 00:11:48,480 --> 00:11:51,959 Speaker 1: responding to Special Council Bob Mueller's remarks. Here's the Speaker 213 00:11:52,000 --> 00:11:55,040 Speaker 1: of the House. Everybody wants the president to be held 214 00:11:55,200 --> 00:11:59,560 Speaker 1: accountable in the most serious way, and everybody believes, I'm 215 00:11:59,640 --> 00:12:03,360 Speaker 1: tongue the Democratic side, that no one is above the law, 216 00:12:04,400 --> 00:12:08,120 Speaker 1: especially the president of the United States. That was Speaker 217 00:12:08,160 --> 00:12:11,760 Speaker 1: of the House Nancy Pelosi, talking earlier today, responding to 218 00:12:11,840 --> 00:12:15,079 Speaker 1: special counsel Bob Muller, You know, Terry, you've worked on 219 00:12:15,240 --> 00:12:18,200 Speaker 1: like a trillion campaigns. When did the gloves come off 220 00:12:18,240 --> 00:12:21,199 Speaker 1: for these dens? I mean, when does the Democratic presidential 221 00:12:21,280 --> 00:12:23,840 Speaker 1: candidate actually say, hey, you know what, it would help 222 00:12:23,880 --> 00:12:26,840 Speaker 1: me politically to go after Speaker Nancy Pelosi and say 223 00:12:27,360 --> 00:12:30,000 Speaker 1: quit playing political referee and trying to have it both ways. 224 00:12:30,080 --> 00:12:32,880 Speaker 1: Either want to impeach or you don't. Well, probably because 225 00:12:32,920 --> 00:12:35,839 Speaker 1: she's saving them. She's saving them from themselves or from 226 00:12:35,880 --> 00:12:38,520 Speaker 1: the base. She I mean, look for her, she's doing 227 00:12:38,520 --> 00:12:41,240 Speaker 1: the best thing humanly possible for the Democrats running a 228 00:12:41,240 --> 00:12:46,520 Speaker 1: president right now, because an impeachment proceedings isn't unless and 229 00:12:46,960 --> 00:12:49,199 Speaker 1: she said it, unless they figure out how to convince 230 00:12:49,280 --> 00:12:52,040 Speaker 1: a whole bunch of Republicans in the Senate. It doesn't matter. 231 00:12:52,440 --> 00:12:54,640 Speaker 1: It may be cathartic, it may you know, but all 232 00:12:54,679 --> 00:12:57,120 Speaker 1: it's gonna do is create a distraction that Trump will 233 00:12:57,160 --> 00:13:00,199 Speaker 1: love and who used to his advantage. And at the 234 00:13:00,280 --> 00:13:02,120 Speaker 1: end of the day, they need to focus on running 235 00:13:02,120 --> 00:13:05,160 Speaker 1: a campaign for and not an impeachment. But like, okay, 236 00:13:05,240 --> 00:13:07,680 Speaker 1: like in some warped world where you are a Democrat 237 00:13:07,760 --> 00:13:10,839 Speaker 1: and not a Republican when you like, can't you go 238 00:13:11,040 --> 00:13:13,720 Speaker 1: behind the scenes and your and your Senator Kamala Harris 239 00:13:13,840 --> 00:13:16,559 Speaker 1: or your Senator Elizabeth Warren, they're calling for impatiment, but 240 00:13:16,600 --> 00:13:21,559 Speaker 1: they're not targeting Speaker Pelosi. Wouldn't couldn't A political strategists 241 00:13:21,600 --> 00:13:23,840 Speaker 1: make the case that if you go at I mean, 242 00:13:23,880 --> 00:13:26,439 Speaker 1: if you take off the gloves and you start saying 243 00:13:27,400 --> 00:13:30,679 Speaker 1: like enough, you either want to impeach or you don't, 244 00:13:31,040 --> 00:13:34,040 Speaker 1: the similar the same way that AOC had that you know, 245 00:13:34,240 --> 00:13:36,439 Speaker 1: sit in with with you know, and and kind of 246 00:13:36,520 --> 00:13:39,559 Speaker 1: put some pressure on on Speaker Pelosi, that it might 247 00:13:39,840 --> 00:13:42,679 Speaker 1: say that this is a new Democratic party, this is 248 00:13:42,720 --> 00:13:46,080 Speaker 1: not the Democratic Party of yesteryear. Sure, but look, if 249 00:13:46,160 --> 00:13:47,800 Speaker 1: I was working for Democrats, I do the same thing 250 00:13:47,880 --> 00:13:50,839 Speaker 1: when I work for Republicans, which is focused on winning 251 00:13:50,840 --> 00:13:54,199 Speaker 1: a damn election, not about changing the movement or the 252 00:13:54,280 --> 00:13:57,400 Speaker 1: party or this or that. It's about winning. And everybody 253 00:13:57,480 --> 00:14:00,720 Speaker 1: from Kamilla Harris to Corey book or to Joe Biden, 254 00:14:01,320 --> 00:14:04,120 Speaker 1: anybody in any of their organizations realized that an impeachment 255 00:14:04,280 --> 00:14:07,480 Speaker 1: is only going to hurt their prospects of winning I 256 00:14:07,559 --> 00:14:10,480 Speaker 1: think one of the most fascinating things to um bubble 257 00:14:10,600 --> 00:14:13,959 Speaker 1: up in the last few weeks is this news that 258 00:14:14,640 --> 00:14:16,719 Speaker 1: the woke fest that we thought was going to be 259 00:14:16,800 --> 00:14:19,080 Speaker 1: the Democratic primary campaign turns out to be a bunch 260 00:14:19,080 --> 00:14:21,880 Speaker 1: of terrified people who want it defeat Donald Trump, and 261 00:14:21,920 --> 00:14:26,280 Speaker 1: they're backing Biden by incredible margins he has. The last 262 00:14:26,320 --> 00:14:28,480 Speaker 1: poll I saw, he was at fifty and a twenty 263 00:14:28,520 --> 00:14:31,840 Speaker 1: three person field with a non white vote. Why because 264 00:14:32,000 --> 00:14:37,280 Speaker 1: African American voters want to win. They don't want to represent, 265 00:14:37,480 --> 00:14:41,080 Speaker 1: you know, the AOC contingent on the left. Um. In fact, 266 00:14:41,160 --> 00:14:43,880 Speaker 1: they've had it with these types. And so this is 267 00:14:43,960 --> 00:14:46,000 Speaker 1: the really interesting strain is that we thought, oh, there's 268 00:14:46,000 --> 00:14:49,800 Speaker 1: gonna be like this new push and everyone has to impeach. 269 00:14:49,880 --> 00:14:52,440 Speaker 1: I think if you're Kamala Harris and this is more 270 00:14:52,440 --> 00:14:54,240 Speaker 1: in a different story, but I think most of them, 271 00:14:54,960 --> 00:14:58,320 Speaker 1: it's Terry's right, you say it's time to impeach, but 272 00:14:58,440 --> 00:15:00,560 Speaker 1: you do not actually try to do this, And like 273 00:15:00,680 --> 00:15:03,280 Speaker 1: take on Pelosi, you just say it and then go 274 00:15:03,400 --> 00:15:05,680 Speaker 1: along with a party that wants to win. And she's 275 00:15:05,680 --> 00:15:07,840 Speaker 1: doing a hell of a good job pounding the heck 276 00:15:07,920 --> 00:15:10,520 Speaker 1: out of Trump for these folks like you know, she's 277 00:15:10,560 --> 00:15:13,360 Speaker 1: their best ally. These presidential candidates on the Democrat side 278 00:15:13,640 --> 00:15:15,400 Speaker 1: not to mention. Look, look at two thousand and ten, 279 00:15:15,480 --> 00:15:18,080 Speaker 1: the Tea Party revolution of the Republican Party. You know, 280 00:15:18,520 --> 00:15:21,880 Speaker 1: all these Tea Party Republicans come sweeping in. Who does 281 00:15:21,920 --> 00:15:24,840 Speaker 1: the Republican Party nominate as a presidential nominee two years later, 282 00:15:25,080 --> 00:15:27,720 Speaker 1: Mitt Romney. Now, you can argue whether whether it turned 283 00:15:27,760 --> 00:15:29,720 Speaker 1: out the way they had planned, but at the end 284 00:15:29,760 --> 00:15:31,480 Speaker 1: of the day, they said, look, we were more concerned 285 00:15:31,480 --> 00:15:33,600 Speaker 1: about beating Barack Obama than we are about continuing the 286 00:15:33,640 --> 00:15:35,560 Speaker 1: Tea Party. I want to play for you what House 287 00:15:35,600 --> 00:15:39,640 Speaker 1: Judiciary Committee Chairman Jerry Nadler. Jerry Nadler, the Democrat from 288 00:15:39,680 --> 00:15:44,680 Speaker 1: New York, and he he responded about whether or not 289 00:15:45,440 --> 00:15:50,120 Speaker 1: Congress needs to act. Here's House Judiciary Committee Chairman Jerry 290 00:15:50,160 --> 00:15:53,880 Speaker 1: Nadler responding to Special Counsel Bobbler. It forced to Congress 291 00:15:54,280 --> 00:15:58,560 Speaker 1: to respond to the crimes, lies, and other wrongdoing of 292 00:15:58,680 --> 00:16:03,120 Speaker 1: President Trump. We will do so. So one of the things. 293 00:16:03,160 --> 00:16:06,920 Speaker 1: I mean, look, I'm not a Washington insider by any means. 294 00:16:07,000 --> 00:16:09,040 Speaker 1: I'm just a guy from Delka. You're just a scooter. 295 00:16:09,240 --> 00:16:13,720 Speaker 1: I'm just I'm just scooting surrills. But but like, but 296 00:16:13,960 --> 00:16:17,240 Speaker 1: one of the things that never fails here in Washington, 297 00:16:17,360 --> 00:16:21,000 Speaker 1: inside of the Beltway is that everyone is fixated on 298 00:16:21,080 --> 00:16:23,520 Speaker 1: the word impeachment. But they could pull some word out, 299 00:16:23,680 --> 00:16:27,880 Speaker 1: they could do like a a centure, a centure or something. 300 00:16:27,960 --> 00:16:31,120 Speaker 1: I mean, I don't know, is that you think that 301 00:16:31,280 --> 00:16:33,880 Speaker 1: that's really where we're headed or I'm actually interested in 302 00:16:33,960 --> 00:16:37,920 Speaker 1: terry thoughts on this. So the push now is to 303 00:16:38,040 --> 00:16:40,280 Speaker 1: explain to the public that an impeachment proceeding is not 304 00:16:40,480 --> 00:16:42,400 Speaker 1: necessarily a vote for removal, that they never have to 305 00:16:42,440 --> 00:16:44,640 Speaker 1: hold the vote, But then to try to educate them 306 00:16:44,640 --> 00:16:48,040 Speaker 1: on Watergate and how they took a year to drag 307 00:16:48,200 --> 00:16:50,840 Speaker 1: public opinion their way, which they did, and that he 308 00:16:51,200 --> 00:16:53,760 Speaker 1: resigned President Nixon because he was afraid he was going 309 00:16:53,800 --> 00:16:55,920 Speaker 1: to be impeached, and that what you do is you 310 00:16:56,040 --> 00:16:58,160 Speaker 1: tell the story through the hearings and you never have 311 00:16:58,240 --> 00:17:01,440 Speaker 1: to hold the vote and then worry about the center trial, uh, 312 00:17:01,800 --> 00:17:05,600 Speaker 1: you know, acquitting him, blah blah blah. I just think that, Um, 313 00:17:05,840 --> 00:17:08,199 Speaker 1: that's this interesting thing where I think that when they 314 00:17:08,240 --> 00:17:10,120 Speaker 1: get behind closed doors and they fight about this, that's 315 00:17:10,160 --> 00:17:12,120 Speaker 1: what the fight is about. Can we just at least 316 00:17:12,160 --> 00:17:15,200 Speaker 1: start the inquiry because we'll get to grand jury information 317 00:17:15,280 --> 00:17:19,000 Speaker 1: and you know, speed the way to compelling witnesses. I 318 00:17:19,040 --> 00:17:22,480 Speaker 1: think there's like a technical um discussion going on. But 319 00:17:22,920 --> 00:17:25,760 Speaker 1: but people like Pelos here worried that the public beliefs 320 00:17:25,760 --> 00:17:27,680 Speaker 1: impeachment means you're out of here, and it's like you 321 00:17:27,760 --> 00:17:30,120 Speaker 1: get ejected right away, and that's what the vote means. 322 00:17:30,520 --> 00:17:33,359 Speaker 1: But the problem is impeachment is a is a political thing, 323 00:17:33,600 --> 00:17:37,320 Speaker 1: and we all know that that members of Congress are 324 00:17:37,359 --> 00:17:39,600 Speaker 1: are not a bunch of leaders their followers. They follow 325 00:17:39,640 --> 00:17:42,960 Speaker 1: their voters. And right now the country is so divided 326 00:17:43,320 --> 00:17:45,760 Speaker 1: and you're so passionate. The country has never been more 327 00:17:45,880 --> 00:17:49,200 Speaker 1: segregated on where they get their information in the history 328 00:17:49,359 --> 00:17:53,320 Speaker 1: of the Republic. And so you only get your information 329 00:17:53,560 --> 00:17:56,639 Speaker 1: from news organizations or people on Facebook that agree with 330 00:17:56,760 --> 00:17:59,919 Speaker 1: you or and and so you you segregate your information 331 00:18:00,000 --> 00:18:02,320 Speaker 1: and flow so you don't trust the other side. So 332 00:18:02,400 --> 00:18:04,600 Speaker 1: there's no Wow, that's a really good point. Let me 333 00:18:04,640 --> 00:18:06,879 Speaker 1: think that through. It's that's fake news. It's coming from 334 00:18:06,880 --> 00:18:08,960 Speaker 1: the other side, and both sides do it, and so 335 00:18:09,359 --> 00:18:12,359 Speaker 1: I think that it's near and possible for them to 336 00:18:12,600 --> 00:18:16,879 Speaker 1: drag voters over to their point of view over the 337 00:18:16,960 --> 00:18:18,399 Speaker 1: course of a year, because they're not even gonna be 338 00:18:18,440 --> 00:18:19,919 Speaker 1: tuned into it. They're gonna say, oh, that's fake. They 339 00:18:19,920 --> 00:18:22,440 Speaker 1: should tune into sound On Coming up, we talked policy 340 00:18:22,560 --> 00:18:25,560 Speaker 1: US China trade talks in particular, plus more reaction from 341 00:18:25,560 --> 00:18:29,800 Speaker 1: the President's negotiations with Japanese Prime Minister Shinzo Abe. I mean, 342 00:18:29,800 --> 00:18:32,080 Speaker 1: we're talking about all these impeachment stuff. Fun fact, I 343 00:18:32,280 --> 00:18:35,200 Speaker 1: was in the eighth grade school play of school House Rock. 344 00:18:35,280 --> 00:18:37,560 Speaker 1: I feel like we should just watch school House Rock 345 00:18:38,040 --> 00:18:42,160 Speaker 1: get some of these impeachment proceding literature, how a bill 346 00:18:42,280 --> 00:18:44,680 Speaker 1: becomes a law, not just for the audience. The audience 347 00:18:44,720 --> 00:18:47,520 Speaker 1: gets it, but the members of Congress. I'm Kevin Cirelli, 348 00:18:47,640 --> 00:18:50,920 Speaker 1: Chief Washington correspondent from Bloomberg TV and Bloomberg Radio. And 349 00:18:51,040 --> 00:18:54,040 Speaker 1: we have all stars, all stars in the sound on 350 00:18:54,320 --> 00:18:58,640 Speaker 1: house today, Terry Sullivan, partner at Firehouse Strategies public relations 351 00:18:58,720 --> 00:19:04,800 Speaker 1: firm and former law Go Rubio presidential campaign manager, and A. B. Stoddard, 352 00:19:04,840 --> 00:19:09,080 Speaker 1: Associate editor and columnist at Real Clear Politics. And we 353 00:19:09,200 --> 00:19:12,399 Speaker 1: were talking about the Mueller mic drop earlier on and 354 00:19:12,520 --> 00:19:15,080 Speaker 1: what happened today. But I gotta be honest I think 355 00:19:15,119 --> 00:19:17,000 Speaker 1: it's trade, and Terry, we were talking about this in 356 00:19:17,080 --> 00:19:19,280 Speaker 1: the break. I think it's trade which is really going 357 00:19:19,320 --> 00:19:22,119 Speaker 1: to have the biggest impact. It's going to be like 358 00:19:22,320 --> 00:19:26,000 Speaker 1: the healthcare debate and the seen cycle, but the large 359 00:19:26,080 --> 00:19:29,600 Speaker 1: policy debate for this cycle is going to be trade. 360 00:19:29,640 --> 00:19:32,639 Speaker 1: And I'm looking through the Bloomberg terminal as we speak, 361 00:19:32,680 --> 00:19:35,640 Speaker 1: and on the Bloomberg terminal, what we're seeing the headlines 362 00:19:35,720 --> 00:19:39,399 Speaker 1: that Canada has introduced legislations to ratify a U S 363 00:19:39,560 --> 00:19:41,920 Speaker 1: m c A. Then you've got the fallout with the 364 00:19:42,040 --> 00:19:45,120 Speaker 1: US and China, and China readying tariffs to hit back 365 00:19:45,640 --> 00:19:49,680 Speaker 1: even more against the United States. Where politically does this 366 00:19:49,800 --> 00:19:53,159 Speaker 1: leave us? Terry Sullivan, Look, you know, to quote the 367 00:19:53,200 --> 00:19:57,960 Speaker 1: Bill Clinton campaign of nineteen, it's the economy stupid, and 368 00:19:58,560 --> 00:20:01,720 Speaker 1: you know, all this other stuff with Mueller, everything that's 369 00:20:01,760 --> 00:20:03,480 Speaker 1: going on. It's really a side show that the feud 370 00:20:03,560 --> 00:20:07,000 Speaker 1: between Pelosi and Trump, and Americans are willing to put 371 00:20:07,080 --> 00:20:10,000 Speaker 1: up with that as long as the economy is going strong. 372 00:20:10,640 --> 00:20:13,760 Speaker 1: But if the economy starts to teeter, as it looks 373 00:20:13,800 --> 00:20:16,200 Speaker 1: like it could be with with these this China trade war, 374 00:20:16,760 --> 00:20:19,600 Speaker 1: that's going to create a real drag on a on 375 00:20:19,680 --> 00:20:22,320 Speaker 1: a Trump reelection campaign. I mean a serious problem for 376 00:20:22,400 --> 00:20:25,760 Speaker 1: him in states where it matters the most, like a Pennsylvania, 377 00:20:25,840 --> 00:20:28,920 Speaker 1: like a Wisconsin, like a Michigan, like a Minnesota, those 378 00:20:29,000 --> 00:20:34,440 Speaker 1: states right across there, trade impacts them a lot. Maybe. Well, 379 00:20:34,520 --> 00:20:36,560 Speaker 1: what's interesting is that the President has been looking a 380 00:20:36,640 --> 00:20:40,240 Speaker 1: lot of internal polling obviously that shows Biden ahead of him, 381 00:20:40,320 --> 00:20:42,600 Speaker 1: as you can tell by his tweeting habits Um, this 382 00:20:42,800 --> 00:20:45,879 Speaker 1: is on his mind. Uh. And in those states that 383 00:20:45,960 --> 00:20:48,679 Speaker 1: he won by less than one percent Pennsylvania, Wisconsin, Michigan, 384 00:20:49,280 --> 00:20:52,040 Speaker 1: he wins again only if Democrats stay home. That's what 385 00:20:52,119 --> 00:20:56,000 Speaker 1: happened in sixteen if you look at its approval numbers. Uh, 386 00:20:56,160 --> 00:20:58,840 Speaker 1: he just doesn't have Okay, we don't have a nominee. 387 00:20:58,840 --> 00:21:01,159 Speaker 1: But at this point for the election were held tomorrow, 388 00:21:01,240 --> 00:21:04,440 Speaker 1: he's worried about those states and looking at the Midwest, 389 00:21:04,520 --> 00:21:08,359 Speaker 1: where not only have tariffs ravaged the egg industry, but 390 00:21:08,480 --> 00:21:13,400 Speaker 1: then flooding is also really really uh just devastated them. Um, 391 00:21:14,040 --> 00:21:18,119 Speaker 1: those people I wonder about because they you know, Trump 392 00:21:18,200 --> 00:21:21,680 Speaker 1: can talk down to people who aren't farmers and convince 393 00:21:21,800 --> 00:21:25,040 Speaker 1: them that China is paying the tariffs, but farmers actually 394 00:21:25,119 --> 00:21:29,600 Speaker 1: understand trade and they understand that, uh if right now 395 00:21:29,880 --> 00:21:34,320 Speaker 1: he dropped all every tariff everywhere, the Chinese are still 396 00:21:34,359 --> 00:21:36,679 Speaker 1: buying the soybeans they used to buy from US from Brazil, 397 00:21:36,800 --> 00:21:40,320 Speaker 1: and that the long term damage to them cannot be 398 00:21:40,480 --> 00:21:44,320 Speaker 1: reversed quickly, if at all. And so that's really because 399 00:21:44,680 --> 00:21:48,399 Speaker 1: they don't see a deal looming on China. Um, the 400 00:21:48,480 --> 00:21:51,960 Speaker 1: panic is actually really setting in and the Republican senators 401 00:21:52,080 --> 00:21:54,879 Speaker 1: you see that there's a correlation between the pain on 402 00:21:54,960 --> 00:21:57,200 Speaker 1: the ground and how much they're willing to now speak 403 00:21:57,240 --> 00:22:00,520 Speaker 1: out publicly, and that that I think is a huge 404 00:22:00,680 --> 00:22:03,399 Speaker 1: problem for I think it's it's it's it's fascinating to 405 00:22:03,560 --> 00:22:07,400 Speaker 1: watch just how much worse this could get because there 406 00:22:07,520 --> 00:22:11,000 Speaker 1: was a major, major non decision within the last twenty 407 00:22:11,040 --> 00:22:14,040 Speaker 1: four hours. Of course, I'm referencing the Treasury Department deciding 408 00:22:14,119 --> 00:22:18,240 Speaker 1: not to label China a currency manipulator. Now, had they 409 00:22:18,840 --> 00:22:21,280 Speaker 1: labeled China a currency manipulator, that would have been like, 410 00:22:21,720 --> 00:22:24,960 Speaker 1: you know, like a I don't, I don't, I'm it 411 00:22:25,000 --> 00:22:29,399 Speaker 1: would be like dropping a political bombshell of epic trade 412 00:22:29,440 --> 00:22:33,480 Speaker 1: war proportions on this if they labeled them a currency manipulator. 413 00:22:33,880 --> 00:22:36,440 Speaker 1: And President Trump has tweeted within the past year or 414 00:22:36,520 --> 00:22:39,520 Speaker 1: so toying with the idea of doing that. When Treasury 415 00:22:39,560 --> 00:22:42,480 Speaker 1: Secretary Stephen Manusian was up on Capitol Hill the other week, 416 00:22:43,040 --> 00:22:47,520 Speaker 1: he politely sidestep the questions on this. But designation as 417 00:22:47,560 --> 00:22:51,040 Speaker 1: a currency manipulator would come with no immediate penalties, but 418 00:22:51,160 --> 00:22:54,000 Speaker 1: that could really rattle the market. So I'm curious, Terry, 419 00:22:54,640 --> 00:22:57,560 Speaker 1: if you think President Trump and deciding not to label 420 00:22:58,000 --> 00:23:01,240 Speaker 1: China a currency manipulator was doing it as a as 421 00:23:01,280 --> 00:23:05,160 Speaker 1: a favor to China, or more as a wink wink 422 00:23:05,240 --> 00:23:07,560 Speaker 1: and a nod nod to the markets, which of course 423 00:23:07,600 --> 00:23:12,280 Speaker 1: have been rattled rattled in recent weeks. And just you know, 424 00:23:12,640 --> 00:23:14,560 Speaker 1: I'll I'll be quiet here in a second. But the 425 00:23:14,640 --> 00:23:19,760 Speaker 1: ux U s stocks falling to a twelve week low today. Yeah. Look, 426 00:23:19,800 --> 00:23:23,880 Speaker 1: I mean, I think that premise would presume that there 427 00:23:24,040 --> 00:23:25,920 Speaker 1: is some sort of plan or strategy, and I just 428 00:23:25,960 --> 00:23:28,840 Speaker 1: don't think there is. I think that he believes that, 429 00:23:29,240 --> 00:23:33,240 Speaker 1: you know, the trade and balance is this huge problem 430 00:23:33,920 --> 00:23:39,280 Speaker 1: um and the irony is that China is a currency manipulator. 431 00:23:39,560 --> 00:23:43,400 Speaker 1: China does steal intellectual property rights. We're starting a war 432 00:23:43,560 --> 00:23:46,000 Speaker 1: with Tina. China and economic word of China over the 433 00:23:46,080 --> 00:23:49,560 Speaker 1: wrong thing. It's the one thing that they make cheap stuff. 434 00:23:49,600 --> 00:23:52,440 Speaker 1: We buy cheap stuff. That's not the problem. The problem 435 00:23:52,560 --> 00:23:54,000 Speaker 1: is all the other things that we do, but we 436 00:23:54,160 --> 00:23:56,800 Speaker 1: can't deal with those things when he's starting this trade war, 437 00:23:56,880 --> 00:23:59,440 Speaker 1: So he's attacking the wrong part of the relationship. And 438 00:23:59,520 --> 00:24:01,240 Speaker 1: I just want to even dive a little bit deeper 439 00:24:01,280 --> 00:24:05,199 Speaker 1: into the weeds here, because are our colleagues across the globe, 440 00:24:05,680 --> 00:24:08,640 Speaker 1: around the world, in China and Beijing in particular, doing 441 00:24:08,720 --> 00:24:10,840 Speaker 1: excellent reporting on this and keeping tabs on all of 442 00:24:10,920 --> 00:24:13,280 Speaker 1: it on the Bloomberg terminal, Because there were a flurry 443 00:24:13,400 --> 00:24:17,720 Speaker 1: of Chinese media reports on Wednesday, including an editorial in 444 00:24:17,800 --> 00:24:20,760 Speaker 1: the flagship newspaper of the Communist Party. And I think 445 00:24:20,880 --> 00:24:23,440 Speaker 1: we take this for granted. I mean everyone always says like, oh, 446 00:24:23,640 --> 00:24:26,359 Speaker 1: Fox is in it for for Trump or MSNBC is 447 00:24:26,400 --> 00:24:28,760 Speaker 1: in it for the left. But think about it, folks, 448 00:24:29,000 --> 00:24:32,879 Speaker 1: China actually has a Communist Party newspaper. And if you 449 00:24:33,000 --> 00:24:35,080 Speaker 1: really want to know where traders are getting a lot 450 00:24:35,160 --> 00:24:38,159 Speaker 1: of their insights from, it's from these editorial boards in 451 00:24:38,320 --> 00:24:41,680 Speaker 1: the Communist Party newspaper. And they raised the prospects of 452 00:24:41,760 --> 00:24:48,200 Speaker 1: Beijing cutting exports of commodities that are critical, critical in defense, energy, electronics, 453 00:24:48,280 --> 00:24:50,960 Speaker 1: and automobile sectors. I do want to pull out a 454 00:24:51,080 --> 00:24:55,240 Speaker 1: number of the day that China supplies eight eight of 455 00:24:55,440 --> 00:24:59,119 Speaker 1: US imports on rare earths. All of this comes obviously, 456 00:24:59,240 --> 00:25:00,920 Speaker 1: I mean a b M. Seeing you not your head. 457 00:25:01,160 --> 00:25:05,479 Speaker 1: This is so incredibly targeted and so precise, and when 458 00:25:05,520 --> 00:25:08,119 Speaker 1: we talk about, you know, the headline risk of of 459 00:25:08,240 --> 00:25:10,560 Speaker 1: the U S. China trade talks, this is so precise 460 00:25:10,680 --> 00:25:13,879 Speaker 1: and clearly a response not just to the tariffs but 461 00:25:14,200 --> 00:25:18,639 Speaker 1: also to the executive orders which have bipartisan support on 462 00:25:18,800 --> 00:25:22,800 Speaker 1: Huawei and ZT. Yeah, I mean it's so it's so 463 00:25:22,880 --> 00:25:26,080 Speaker 1: interesting that you raise the designation of the currency manipulator 464 00:25:26,200 --> 00:25:29,119 Speaker 1: because that, you know, might be in reaction to the 465 00:25:29,240 --> 00:25:32,159 Speaker 1: reaction to Huahwei decisions. You know, we we try to 466 00:25:32,280 --> 00:25:37,159 Speaker 1: read the leaves on this. What we all know, no 467 00:25:37,320 --> 00:25:39,840 Speaker 1: matter what happens each week, is that the China is 468 00:25:39,920 --> 00:25:42,720 Speaker 1: playing the long game and can play a long game. 469 00:25:44,200 --> 00:25:47,080 Speaker 1: And that Terry said something important. I think people are 470 00:25:47,080 --> 00:25:52,160 Speaker 1: committing into realize there's no strategy. Lightheiser revolution are working 471 00:25:52,240 --> 00:25:54,920 Speaker 1: with their counterparts. There's a desperate urgency to come to 472 00:25:55,000 --> 00:25:57,320 Speaker 1: a deal, but there wasn't really a long term strategy 473 00:25:57,359 --> 00:25:59,480 Speaker 1: to this, and Trump just lives in kind of hour 474 00:25:59,600 --> 00:26:03,320 Speaker 1: to our reactive mode. And the problem in the recent 475 00:26:03,359 --> 00:26:06,600 Speaker 1: weeks since the collapse of the official talks has been 476 00:26:06,680 --> 00:26:08,639 Speaker 1: that he keeps talking about how great tariffs are and 477 00:26:08,680 --> 00:26:11,800 Speaker 1: how they're even better with all this imaginary revenue. He 478 00:26:11,840 --> 00:26:14,600 Speaker 1: thinks it brings to the Treasury than a deal itself. 479 00:26:14,760 --> 00:26:17,280 Speaker 1: And so it's very when you when you see the 480 00:26:17,440 --> 00:26:23,600 Speaker 1: sort of draconian punishing measures they're considering. Um, it's just 481 00:26:23,760 --> 00:26:26,640 Speaker 1: hard to imagine that it's it's it's more I think 482 00:26:27,000 --> 00:26:29,720 Speaker 1: obvious that a plan is not in a drawer somewhere, 483 00:26:29,760 --> 00:26:32,560 Speaker 1: and it doesn't appear that the Europeans are are acting 484 00:26:32,600 --> 00:26:36,720 Speaker 1: in lockstep with the US in terms of US China negotiations, 485 00:26:36,760 --> 00:26:39,480 Speaker 1: and that has the beneficiaries of this, and they're the 486 00:26:39,560 --> 00:26:43,640 Speaker 1: economic direction because I thought about this before. And lastly, 487 00:26:44,240 --> 00:26:47,359 Speaker 1: there's no real framework like there was with U s 488 00:26:47,480 --> 00:26:49,600 Speaker 1: m c A. So even if there is a framework 489 00:26:49,640 --> 00:26:51,800 Speaker 1: of an agreement with China, there's not going to be 490 00:26:51,880 --> 00:26:54,240 Speaker 1: a need for ratification of Congress. And keep in mind 491 00:26:54,359 --> 00:26:56,960 Speaker 1: U S m c A that hasn't been ratified with Congress. 492 00:26:57,680 --> 00:26:59,760 Speaker 1: So this thing could. I mean, it could go from 493 00:27:00,080 --> 00:27:03,360 Speaker 1: really bad to really awful soon. I'm an optimist, Terry. 494 00:27:03,400 --> 00:27:05,399 Speaker 1: I'm an optimist at summer here in Washington, d C. 495 00:27:05,600 --> 00:27:08,639 Speaker 1: I'm Kevin Curreally, Chief Washington correspondent to Bloomberg TD and 496 00:27:08,640 --> 00:27:11,959 Speaker 1: Bloomberg Radio. Tomorrow we're going to have a special interview 497 00:27:12,080 --> 00:27:16,240 Speaker 1: with Housing Secretary Ben Carson. Then Carson, he's going to 498 00:27:16,320 --> 00:27:19,159 Speaker 1: be appearing on Bloomberg Television and Bloomberg Radio. We're going 499 00:27:19,240 --> 00:27:22,520 Speaker 1: to be interviewing him all things policy and politics with 500 00:27:22,720 --> 00:27:26,040 Speaker 1: me for the hour. Terry Sullivan, partner at Firehouse Strategies 501 00:27:26,080 --> 00:27:30,200 Speaker 1: public relations firm. He's the former presidential campaign manager of 502 00:27:30,240 --> 00:27:33,840 Speaker 1: a lot of different campaigns, including Senator Marco Rubio and A. B. Stotter, 503 00:27:33,960 --> 00:27:36,880 Speaker 1: Associate editor and columnists at Real Clear Politics. I don't 504 00:27:36,880 --> 00:27:38,879 Speaker 1: like to really normally do this, But what should I 505 00:27:38,920 --> 00:27:43,320 Speaker 1: ask Secretary Carson tomorrow? AB? Should I tell them? What 506 00:27:43,560 --> 00:27:46,520 Speaker 1: I want you to ask him? I think that I 507 00:27:46,560 --> 00:27:48,399 Speaker 1: would like to hear his story about growing up in 508 00:27:48,480 --> 00:27:51,760 Speaker 1: public housing, Okay, a little bit of it. I'd like 509 00:27:51,840 --> 00:27:54,640 Speaker 1: to hear about that and how it affects his policy decisions. Okay, 510 00:27:54,680 --> 00:27:56,760 Speaker 1: I think I think that's a that's a great question, Terry. 511 00:27:56,760 --> 00:27:58,440 Speaker 1: What do you think I should what do you what 512 00:27:58,520 --> 00:28:00,239 Speaker 1: do you think I should ask him? Terry a leg 513 00:28:00,280 --> 00:28:02,560 Speaker 1: you really think like the belt buckle stabbing story, Like 514 00:28:02,760 --> 00:28:05,080 Speaker 1: I'm just saying, like, that's just a weird story. Lad. 515 00:28:05,080 --> 00:28:08,000 Speaker 1: He wrote in a book. I mean, you know, Trump 516 00:28:08,040 --> 00:28:09,920 Speaker 1: called him out on it. What you know, what I 517 00:28:09,960 --> 00:28:11,320 Speaker 1: think you would put it in a book you want 518 00:28:11,359 --> 00:28:13,560 Speaker 1: to be asked about. I think we should explain it. 519 00:28:14,440 --> 00:28:16,240 Speaker 1: What kind of how big was the belt buckle that 520 00:28:16,320 --> 00:28:18,520 Speaker 1: it shielded you from a knife. You know, I've never 521 00:28:18,600 --> 00:28:21,840 Speaker 1: really talked about this, but I actually was. I was 522 00:28:21,920 --> 00:28:25,360 Speaker 1: assigned to Ben Carson and Donald Trump's presidential campaigns when 523 00:28:25,400 --> 00:28:28,359 Speaker 1: I first like literally my first day of Bloomberg because 524 00:28:28,400 --> 00:28:29,920 Speaker 1: they thought that they were going to fizzle out. This 525 00:28:30,000 --> 00:28:33,080 Speaker 1: is when there was like seventeen Democrats and turns out, well, 526 00:28:33,200 --> 00:28:35,680 Speaker 1: here we are today, Chief Washington, correspondent from Bloomberg TV 527 00:28:35,800 --> 00:28:39,280 Speaker 1: and Bloomberg Radio. Pivoting now, we'll have that Secretary Carson 528 00:28:39,320 --> 00:28:42,440 Speaker 1: interview for you tomorrow. Pivoting now to foreign policy. The 529 00:28:42,560 --> 00:28:46,040 Speaker 1: US sending additional troops directed to the Middle East, to 530 00:28:46,120 --> 00:28:50,000 Speaker 1: Saudi Arabia and cutter as America standoff with Iran shows 531 00:28:50,080 --> 00:28:52,960 Speaker 1: few signs of abating this, according to my colleague Glenn 532 00:28:53,000 --> 00:28:56,600 Speaker 1: Carey on the Bloomberg terminal. UH. This comes following remarks 533 00:28:56,640 --> 00:28:59,880 Speaker 1: from the Acting Secretary of Defense Patrick Shanahan a. B. 534 00:29:00,360 --> 00:29:05,040 Speaker 1: You're so plugged into this to these the foreign geopolitical world, 535 00:29:05,120 --> 00:29:07,840 Speaker 1: and you talked to to every lawmaker connected to the 536 00:29:07,920 --> 00:29:12,160 Speaker 1: situation in Iran. What are lawmakers looking for and how 537 00:29:12,280 --> 00:29:17,040 Speaker 1: the administration is conducting it's around policy? Well, as you know, 538 00:29:17,240 --> 00:29:19,360 Speaker 1: there's been a little bit of discrepancy between the way 539 00:29:19,400 --> 00:29:22,800 Speaker 1: that the Democratic lawmakers and Republican lawmakers described the threat 540 00:29:22,920 --> 00:29:27,040 Speaker 1: presented in the intelligence they've been uh, they've seen UM, 541 00:29:27,160 --> 00:29:30,360 Speaker 1: and that's a little disheartening to see a partisan difference 542 00:29:30,480 --> 00:29:33,480 Speaker 1: about that. But there are enough voices saying that this 543 00:29:33,920 --> 00:29:38,800 Speaker 1: that this heightened sort of provocation and threat is genuine 544 00:29:38,840 --> 00:29:40,560 Speaker 1: and we have to respond to it. I think there's 545 00:29:40,680 --> 00:29:43,600 Speaker 1: consensus that UM, some kind of show of force to 546 00:29:44,000 --> 00:29:49,720 Speaker 1: to UM to respond without you know, actually launching any 547 00:29:49,800 --> 00:29:52,840 Speaker 1: kind of military operation would be effective. I think the 548 00:29:53,480 --> 00:29:57,440 Speaker 1: the problem, and Republicans aren't saying this a lot UM, 549 00:29:57,680 --> 00:29:59,480 Speaker 1: is that we really have no idea what the plan 550 00:29:59,640 --> 00:30:02,520 Speaker 1: is at the Trump administration. He has the President himself 551 00:30:02,600 --> 00:30:05,600 Speaker 1: made it. I mean he said bluntly, now publicly several times, 552 00:30:05,640 --> 00:30:08,320 Speaker 1: we don't want regime change, we don't want a problem, 553 00:30:08,440 --> 00:30:10,160 Speaker 1: we don't want war. We just want them to give 554 00:30:10,240 --> 00:30:11,720 Speaker 1: up their nukes. But really we can talk on the 555 00:30:11,800 --> 00:30:15,040 Speaker 1: phone and and then you have different voices obviously um 556 00:30:15,480 --> 00:30:18,760 Speaker 1: coming from other top officials on this, and it's very 557 00:30:19,160 --> 00:30:21,920 Speaker 1: very troubling because it weakens us in terms of what 558 00:30:22,000 --> 00:30:26,480 Speaker 1: the Iranians think. Uh and UM, it makes you know, 559 00:30:26,520 --> 00:30:30,880 Speaker 1: it's it's ysfunctional. So there's always division around the table 560 00:30:31,040 --> 00:30:34,960 Speaker 1: among experts in every administration, but these last two weeks 561 00:30:35,040 --> 00:30:38,080 Speaker 1: I think have really been disturbing in terms of, uh, 562 00:30:38,280 --> 00:30:40,160 Speaker 1: we knew what the we knew what the plan was 563 00:30:40,200 --> 00:30:42,440 Speaker 1: in event as well, we actually knew that this government, 564 00:30:42,520 --> 00:30:47,040 Speaker 1: our government sided with the opposition leader and wanted to 565 00:30:47,680 --> 00:30:51,480 Speaker 1: eject you know, President Maduro from office. We don't know 566 00:30:51,600 --> 00:30:54,640 Speaker 1: what their plan is with Iran. And it's it creates 567 00:30:54,720 --> 00:30:57,720 Speaker 1: the the likelihood of what everyone keeps talking about is 568 00:30:57,760 --> 00:31:02,400 Speaker 1: the scary miscalculation and miss calculations lead to war, right. 569 00:31:02,440 --> 00:31:05,520 Speaker 1: I mean, look, it's it's foreign policy by tweet, and 570 00:31:05,600 --> 00:31:10,760 Speaker 1: it's it's dangerous. Um, the I do think that Uh 571 00:31:11,200 --> 00:31:13,600 Speaker 1: Secretary of State Pompeo is doing a good job and 572 00:31:13,680 --> 00:31:17,080 Speaker 1: he's trying to be a moderating voice within the administration 573 00:31:17,160 --> 00:31:19,600 Speaker 1: on on the can kind of adult decisions on this, 574 00:31:20,080 --> 00:31:22,400 Speaker 1: And he's done a really good job of of navigating 575 00:31:23,800 --> 00:31:28,520 Speaker 1: the distance between Trump's tweets, which are all over the map, 576 00:31:28,800 --> 00:31:32,520 Speaker 1: and the actual policy. And so I think that's that's 577 00:31:33,000 --> 00:31:35,360 Speaker 1: gives me some reassurance. We got less than a minute, 578 00:31:35,400 --> 00:31:37,720 Speaker 1: So yes or no? This is like closing round of 579 00:31:37,840 --> 00:31:41,040 Speaker 1: sound on Vice President Biden right now, is only one 580 00:31:41,280 --> 00:31:43,720 Speaker 1: who was saying no to impeachment. There are a couple 581 00:31:43,800 --> 00:31:46,560 Speaker 1: of other candidates on the Democratic field who say they 582 00:31:46,720 --> 00:31:48,840 Speaker 1: that they personally believe that it's up to Congress and 583 00:31:48,840 --> 00:31:52,000 Speaker 1: blah blah blah blah. But he's the one who was saying, essentially, 584 00:31:52,080 --> 00:31:56,360 Speaker 1: according to Biden, uh that he's resisting impeachments but wants 585 00:31:56,400 --> 00:31:59,000 Speaker 1: Congress to investigate. Does Joe Biden get away with that 586 00:31:59,120 --> 00:32:01,120 Speaker 1: or is he gonna have to change his position? Terry Sullivan? 587 00:32:01,200 --> 00:32:03,120 Speaker 1: And is he gonna have to call for impeachment? Look, 588 00:32:03,600 --> 00:32:06,400 Speaker 1: he's yes, he gets away with it. I agree, he's 589 00:32:06,400 --> 00:32:10,400 Speaker 1: the establishment, he's a Pelosi and he's once he's off 590 00:32:10,440 --> 00:32:13,479 Speaker 1: the ground, that campaign is cleared the tree. My language, 591 00:32:13,480 --> 00:32:15,960 Speaker 1: he's a scooter. He's a scare that is fully charged. 592 00:32:16,000 --> 00:32:19,680 Speaker 1: That's it for me. Kevin CURRELLI, Chief Washington correspondent for 593 00:32:19,720 --> 00:32:23,000 Speaker 1: Bloomberg TV and Radio. A V and Terry, Such a 594 00:32:23,080 --> 00:32:25,440 Speaker 1: fun show for me, Such a treat, Such such a treat. 595 00:32:25,480 --> 00:32:28,360 Speaker 1: I'm very grateful. You can download the sound on podcast 596 00:32:28,440 --> 00:32:31,160 Speaker 1: on Apple iTunes, at Bloomberg dot com, or by downloading 597 00:32:31,320 --> 00:32:33,360 Speaker 1: the Bloomberg Business app. You can also find us on 598 00:32:33,480 --> 00:32:37,240 Speaker 1: radio dot com, I Heart Radio, and Spotify. Secretary Ben 599 00:32:37,400 --> 00:32:40,800 Speaker 1: Carson tomorrow. That's it for me. You're listening to Bloomberg