WEBVTT - Senators Jerry Moran and Jeanne Shaheen Talk Biden, Aerospace Defense

0:00:02.440 --> 0:00:12.360
<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

0:00:13.080 --> 0:00:16.000
<v Speaker 2>It's Binberg, Brief and Menascrani alongside Danny Berger in New

0:00:16.079 --> 0:00:18.680
<v Speaker 2>York with the Democrats are during on President Biden's exit

0:00:18.960 --> 0:00:22.800
<v Speaker 2>from the election race, scoring more than fifty million dollars

0:00:22.840 --> 0:00:27.520
<v Speaker 2>in donations just on Sunday alone since the announcement. Let's

0:00:27.520 --> 0:00:30.240
<v Speaker 2>get the reactions from US law makers who are at

0:00:30.280 --> 0:00:35.560
<v Speaker 2>farmboroth show. Guy Johnson is there. You're talking politics and planes. Guy,

0:00:35.680 --> 0:00:38.519
<v Speaker 2>good morning, It's.

0:00:38.320 --> 0:00:41.080
<v Speaker 3>The perfect combination politics and aerospace. We'll walk of you

0:00:41.080 --> 0:00:44.760
<v Speaker 3>want on a Monday morning. Manas, thank you very much. Indeed, yes, sir,

0:00:44.920 --> 0:00:49.840
<v Speaker 3>welcome from a BLUs three Farmborough air Show. This year's

0:00:49.840 --> 0:00:53.239
<v Speaker 3>events obviously has been overshadowed by the political developments that

0:00:53.280 --> 0:00:55.760
<v Speaker 3>we've seen in the United States overnight. So let's get

0:00:55.760 --> 0:00:58.680
<v Speaker 3>a take now on what that ultimately means, not only

0:00:58.720 --> 0:01:01.480
<v Speaker 3>for the country, but also for the aerospace industry. I'm

0:01:01.520 --> 0:01:04.840
<v Speaker 3>joined by Senator Jerry Moran Public I'm from Kansas, and

0:01:05.000 --> 0:01:09.320
<v Speaker 3>Senator Genie Shahey, Democrats from New Hampshire. I'm going to

0:01:09.319 --> 0:01:14.360
<v Speaker 3>start with you, Senator. Understandably, obviously, the news overnights comes

0:01:14.360 --> 0:01:18.640
<v Speaker 3>as a shock, but not as a shock. Is Vice

0:01:18.680 --> 0:01:21.640
<v Speaker 3>President Harris the right choice? Do you think now to

0:01:21.720 --> 0:01:25.039
<v Speaker 3>take on Joe Biden's mantle? Do you think others should

0:01:25.040 --> 0:01:27.280
<v Speaker 3>be given a choice. I appreciate you being over here

0:01:27.280 --> 0:01:28.760
<v Speaker 3>for the last few days, but you must have a

0:01:28.840 --> 0:01:30.240
<v Speaker 3>view on what is happening here.

0:01:30.560 --> 0:01:32.560
<v Speaker 1>Well. First of all, it's nice to be here at

0:01:32.640 --> 0:01:36.920
<v Speaker 1>Farmer Airshow. Senator Maran and I are co leading a

0:01:37.080 --> 0:01:42.080
<v Speaker 1>bipartisan delegation from all across the United States. We're mostly appropriators,

0:01:42.120 --> 0:01:45.840
<v Speaker 1>so we fund airplanes like the ones we see in

0:01:46.160 --> 0:01:49.600
<v Speaker 1>behind us. But we're also on the Armed Services Committee

0:01:49.600 --> 0:01:52.280
<v Speaker 1>some of us, so it's exciting to be here to

0:01:52.320 --> 0:01:58.120
<v Speaker 1>see what's happening and to promote United States innovation on politics.

0:01:58.560 --> 0:02:01.279
<v Speaker 1>I haven't been in the United States for several days,

0:02:01.640 --> 0:02:04.440
<v Speaker 1>but it's going to be a very interesting process. People

0:02:04.480 --> 0:02:09.720
<v Speaker 1>are very excited. I think Vice President Harris has moved

0:02:09.800 --> 0:02:13.640
<v Speaker 1>very quickly to build support, but the delegates to the

0:02:13.639 --> 0:02:17.040
<v Speaker 1>convention will decide ultimately if she gets the nomination, so

0:02:17.120 --> 0:02:19.000
<v Speaker 1>I think we'll see a lot of activity in the

0:02:19.040 --> 0:02:23.160
<v Speaker 1>coming movie. Does he support her? We are waiting for

0:02:23.200 --> 0:02:27.000
<v Speaker 1>the President to address the nation later this week. President

0:02:27.080 --> 0:02:31.480
<v Speaker 1>Joe Biden has done an excellent job investing in America

0:02:31.560 --> 0:02:34.240
<v Speaker 1>over the last four years. He deserves a tremendous amount

0:02:34.280 --> 0:02:36.920
<v Speaker 1>of respect and credit for his willingness to step down

0:02:36.919 --> 0:02:39.360
<v Speaker 1>and what he believes is the best interest of the country.

0:02:39.760 --> 0:02:41.320
<v Speaker 1>So I'm going to wait to hear from him.

0:02:42.200 --> 0:02:43.800
<v Speaker 3>Do you have a candidate in mind? I guess it's

0:02:43.800 --> 0:02:46.240
<v Speaker 3>the real question, right, So you at the moment are

0:02:46.320 --> 0:02:49.040
<v Speaker 3>reasonably agnostic on who you think ultimately should be his

0:02:49.080 --> 0:02:53.800
<v Speaker 3>successor we'll wait for plane to take off so we

0:02:53.840 --> 0:02:54.640
<v Speaker 3>can hear your answer.

0:02:55.200 --> 0:02:57.000
<v Speaker 1>Well, no, I think it will be important to have

0:02:57.080 --> 0:03:01.280
<v Speaker 1>someone who will carry on the man until of the president,

0:03:01.440 --> 0:03:04.760
<v Speaker 1>and clearly the vice president has done that. But we're

0:03:04.760 --> 0:03:05.120
<v Speaker 1>going to wait.

0:03:05.200 --> 0:03:07.359
<v Speaker 3>See, so a continuousy candidate would be something that you'll

0:03:07.360 --> 0:03:07.800
<v Speaker 3>be looking for.

0:03:07.880 --> 0:03:08.480
<v Speaker 1>That's important.

0:03:08.919 --> 0:03:11.679
<v Speaker 3>Okay, let's look at it from the other side of

0:03:11.680 --> 0:03:15.240
<v Speaker 3>the aisle. We're sitting here in Europe. There is serious

0:03:15.240 --> 0:03:19.160
<v Speaker 3>concern over here about what a Trump two point zero

0:03:19.280 --> 0:03:24.360
<v Speaker 3>presidency would ultimately mean. We all heard what jd Vance

0:03:24.360 --> 0:03:28.120
<v Speaker 3>said the other day at the RNC. There is a

0:03:28.160 --> 0:03:31.800
<v Speaker 3>concern that America is going to become more isolationist. Is

0:03:31.840 --> 0:03:32.840
<v Speaker 3>that your perspective?

0:03:33.760 --> 0:03:37.040
<v Speaker 4>It is not my hope and it's certainly nothing that

0:03:37.160 --> 0:03:40.640
<v Speaker 4>is foretold that's not going to happen if we get

0:03:40.680 --> 0:03:43.720
<v Speaker 4>the right policies in place. We have for seventy five

0:03:43.800 --> 0:03:48.280
<v Speaker 4>years Republican administrations, democratic administrations. America has been hugely engaged

0:03:48.320 --> 0:03:51.000
<v Speaker 4>in NATO, supportive of the cause, and at a time

0:03:51.040 --> 0:03:57.760
<v Speaker 4>in which Putin has invaded Russia, Russians have invaded Ukraine,

0:03:58.560 --> 0:04:00.760
<v Speaker 4>it is not a time for America to back off

0:04:00.800 --> 0:04:03.600
<v Speaker 4>of its commitment around the globe. My experience in being

0:04:03.600 --> 0:04:07.240
<v Speaker 4>here and talking to foreign leaders is that they have

0:04:07.360 --> 0:04:11.920
<v Speaker 4>significant determination, but it takes the United States to have success.

0:04:12.440 --> 0:04:15.560
<v Speaker 4>And so as a team, Europeans and Americans, NATO's and

0:04:15.600 --> 0:04:17.800
<v Speaker 4>our allies of a role to play in the world.

0:04:18.120 --> 0:04:20.680
<v Speaker 4>And I think there's a justification for us making certain

0:04:20.680 --> 0:04:22.520
<v Speaker 4>that we do the right things in a way that

0:04:23.160 --> 0:04:24.919
<v Speaker 4>we share the burdens with our allies.

0:04:25.279 --> 0:04:25.440
<v Speaker 1>Yep.

0:04:25.560 --> 0:04:27.920
<v Speaker 4>But I don't expect America to walk away from the

0:04:27.960 --> 0:04:30.440
<v Speaker 4>world in any administration.

0:04:30.560 --> 0:04:34.160
<v Speaker 3>So you voted for Ukraine eate in the past, I did.

0:04:34.440 --> 0:04:36.520
<v Speaker 3>Do you think that that aid is at risk?

0:04:37.760 --> 0:04:38.160
<v Speaker 1>I do not.

0:04:38.400 --> 0:04:41.960
<v Speaker 4>But again, President Trump, when he was president, made it

0:04:42.040 --> 0:04:45.640
<v Speaker 4>pretty clear that he expects our European allies, our fellow

0:04:45.760 --> 0:04:48.560
<v Speaker 4>NATO members to do more, and that was absolutely the

0:04:48.680 --> 0:04:51.480
<v Speaker 4>right thing to encourage and in fact to insist that

0:04:51.600 --> 0:04:55.440
<v Speaker 4>they do so, and we've seen results of that. It's happening.

0:04:56.000 --> 0:05:01.160
<v Speaker 4>And again, I think there's a path forward Ukraine for success,

0:05:01.400 --> 0:05:05.800
<v Speaker 4>for a victory, and I think that it's important for

0:05:05.920 --> 0:05:07.680
<v Speaker 4>us to continue to pursue this cause.

0:05:08.120 --> 0:05:10.480
<v Speaker 1>And I think it's important to point out that that

0:05:10.839 --> 0:05:14.280
<v Speaker 1>aid package, passed overwhelmingly in both the House and Senate,

0:05:14.440 --> 0:05:18.640
<v Speaker 1>was strong bipartisan support. So while it took longer than

0:05:18.680 --> 0:05:21.400
<v Speaker 1>any of us had hoped, it got there with a

0:05:21.480 --> 0:05:23.240
<v Speaker 1>lot of strong bipartisan support.

0:05:23.880 --> 0:05:29.920
<v Speaker 3>Do you think that's a democratic governments in the United States,

0:05:29.960 --> 0:05:32.719
<v Speaker 3>and democratic governments in the United States will be less

0:05:32.800 --> 0:05:36.240
<v Speaker 3>isolationists than a Republican ministers.

0:05:36.920 --> 0:05:41.040
<v Speaker 1>Look, I expect whoever the next president is to do

0:05:41.240 --> 0:05:44.279
<v Speaker 1>what's in the national security interests of the United States.

0:05:44.720 --> 0:05:49.200
<v Speaker 1>Our role in the world, our role in NATO in

0:05:49.320 --> 0:05:55.800
<v Speaker 1>supporting the Ukrainians in this war, the unprovoked war that

0:05:55.960 --> 0:06:01.400
<v Speaker 1>Russia has instigated in Ukraine, our support for the Indo Pacific,

0:06:01.800 --> 0:06:05.960
<v Speaker 1>for providing the counterbalance to China, all of that is

0:06:06.040 --> 0:06:08.919
<v Speaker 1>in our interest. And whoever's president, I'm sure is going

0:06:09.000 --> 0:06:11.320
<v Speaker 1>to do what's in the best interest of the United States.

0:06:11.920 --> 0:06:14.440
<v Speaker 4>Let me make this point that the world is going

0:06:14.480 --> 0:06:17.120
<v Speaker 4>to change. I mean, as politics is changing the United States,

0:06:17.160 --> 0:06:20.400
<v Speaker 4>and you focus upon what's happening in the US, we're

0:06:20.400 --> 0:06:23.159
<v Speaker 4>going to have additional challenges in the next one hundred days,

0:06:23.160 --> 0:06:26.040
<v Speaker 4>in the next four years, and as the world we

0:06:26.200 --> 0:06:31.080
<v Speaker 4>our adversaries are aligning against us from Iran and their proxies, Russia,

0:06:32.160 --> 0:06:35.360
<v Speaker 4>the South Pacific, and China. So when you ask about

0:06:35.400 --> 0:06:37.280
<v Speaker 4>whether or not the United States is going to be

0:06:37.320 --> 0:06:40.480
<v Speaker 4>in isolation this country, one, the answer is no, But two,

0:06:40.560 --> 0:06:43.120
<v Speaker 4>we're not going to have a choice because the challenges

0:06:43.120 --> 0:06:44.680
<v Speaker 4>are going to be so great to our own nation.

0:06:44.800 --> 0:06:49.120
<v Speaker 3>But the priorities that the priorities are impulsive is Asia.

0:06:49.279 --> 0:06:51.880
<v Speaker 3>Is China a bigger priority than Europe? He talks about

0:06:51.920 --> 0:06:54.360
<v Speaker 3>burden sharing, What does Europe need to do to share

0:06:54.360 --> 0:06:55.200
<v Speaker 3>the burden adequately.

0:06:55.279 --> 0:06:58.400
<v Speaker 4>So a number of my colleagues were opposed to aid

0:06:58.520 --> 0:07:01.760
<v Speaker 4>for Ukraine, Republican colleagues, YEP, because they said the focus

0:07:01.800 --> 0:07:04.839
<v Speaker 4>should be China. But the reality is what we demonstrate

0:07:05.040 --> 0:07:10.520
<v Speaker 4>with our European allies in Ukraine determines what happens. What response.

0:07:10.600 --> 0:07:14.040
<v Speaker 4>What happens to the South Pacific and China is activity.

0:07:14.320 --> 0:07:17.800
<v Speaker 4>So the world watches to see if we're capable, and

0:07:17.920 --> 0:07:21.000
<v Speaker 4>we need to demonstrate that. And it's not just about Ukraine.

0:07:21.080 --> 0:07:25.000
<v Speaker 4>It's about American security, and it's about making certain our

0:07:25.080 --> 0:07:29.400
<v Speaker 4>adversaries present and future know that when America is committed

0:07:29.400 --> 0:07:31.120
<v Speaker 4>to something, they're there for the long haul.

0:07:31.840 --> 0:07:34.280
<v Speaker 3>But I mean, you know he's going to address the

0:07:34.320 --> 0:07:36.920
<v Speaker 3>Joint Session in a few days time, you sit them

0:07:36.920 --> 0:07:38.760
<v Speaker 3>for our relations what do you want to hit.

0:07:39.800 --> 0:07:42.000
<v Speaker 1>I would like to hear him talk about what he

0:07:42.160 --> 0:07:46.360
<v Speaker 1>plans to do to end this war. I would like

0:07:46.400 --> 0:07:48.920
<v Speaker 1>to hear him say that they're going to increase humanitarian

0:07:49.000 --> 0:07:52.880
<v Speaker 1>aid to all of those Palestinians affected in Gaza. I

0:07:52.920 --> 0:07:54.840
<v Speaker 1>would like to hear him say that he's going to

0:07:55.240 --> 0:07:59.120
<v Speaker 1>initiate elections in Israel so that the Israeli people who

0:07:59.160 --> 0:08:03.520
<v Speaker 1>have been demonstrated against his leadership understand that there's the

0:08:03.640 --> 0:08:06.040
<v Speaker 1>potential for an option. I would like to hear him

0:08:06.080 --> 0:08:08.520
<v Speaker 1>say that he's going to figure out how to resolve

0:08:09.400 --> 0:08:13.240
<v Speaker 1>some of the challenges with Southern Lebanon so that we

0:08:13.360 --> 0:08:18.520
<v Speaker 1>don't see an increased war in Southern Lebanon. So I

0:08:18.680 --> 0:08:21.400
<v Speaker 1>hope he will talk about all of those issues. I

0:08:21.400 --> 0:08:22.360
<v Speaker 1>would be surprised.

0:08:22.600 --> 0:08:24.760
<v Speaker 3>Yes, that is quite the list said, This is Shaheen.

0:08:24.800 --> 0:08:27.560
<v Speaker 3>Senator Moran, thank you both indeed for joining us here

0:08:27.560 --> 0:08:29.640
<v Speaker 3>at the Farm burressa and braving the weather with me.

0:08:29.760 --> 0:08:31.760
<v Speaker 3>It's great to see you both. Thank you very much. Indeed,

0:08:32.240 --> 0:08:33.880
<v Speaker 3>very British weather and to be back with you. Think

0:08:33.960 --> 0:08:36.679
<v Speaker 3>it's nice to see you guys Danny Berger and Neil.

0:08:36.960 --> 0:08:37.880
<v Speaker 3>Let me hand things back to you.

0:08:38.120 --> 0:08:40.520
<v Speaker 1>Guy, thank you very much braving the weather and a

0:08:40.600 --> 0:08:42.800
<v Speaker 1>lot of jets taking off to Guy Chanson there at

0:08:42.840 --> 0:08:45.599
<v Speaker 1>the farm Airshow. Important here from two Senators on the

0:08:45.640 --> 0:08:46.800
<v Speaker 1>Subcommittee for Defense