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Speaker 1: Live from our nation's camera. How do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do? From the United States Relationship with China?

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Speaker 1: Bloomberg Sound On, the Insiders, the influencers, the insides. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. We're looking at seventy kendidates for different vectines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin

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Speaker 1: Surrelate on Bloomberg and one oh five point seven f

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Speaker 1: m h D two President Trump heads amount rushmore for

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Speaker 1: a fourth of July, addressed to the nation. The latest

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Speaker 1: on how it's impacting the race. US cases rise two

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Speaker 1: percent above past weeks one point eight average. The White

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Speaker 1: House says that they're catching asymptomatic cases. What does that

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Speaker 1: mean in terms of reopening or reclosing? Sent a Majority

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Speaker 1: Leader Mitch McConnell expects new by of his relief bill

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Speaker 1: by the end of the month. Wow. End of the month.

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Speaker 1: We thought we weren't going to get until the fall.

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Speaker 1: We've got a lot to get through. All of that,

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Speaker 1: plus Kanye West easy launching a bid. You knew I

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Speaker 1: was gonna have to talk about that. Come on, yea,

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Speaker 1: we were gonna have to talk about Yeah, Kim Kardashi

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Speaker 1: and Kanye you know, we gotta We're gonna cover it all.

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Speaker 1: I hope everyone had a safe and happy Fourth of

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Speaker 1: July weekend, celebrating with your loved ones. You know, I

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Speaker 1: gotta say the fire there's no better place to watch fireworks,

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Speaker 1: no better place to watch fireworks in the nation's capital.

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Speaker 1: Every year that I've been here, I look up at

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Speaker 1: the sky and I see those fireworks. I get goose bumps.

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Speaker 1: I mean, we're in Washington, d C. Take a moment,

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Speaker 1: folks on Independence Day. I love it. I love it.

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Speaker 1: I love it. I love it. And that flyover was

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Speaker 1: something else. I felt like I was a kid watching

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Speaker 1: them back home when my dad used to take me

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Speaker 1: we were growing up, growing up in Delco. We would

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Speaker 1: go to the see the flyovers. Amazing, amazing. I'm gonna

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Speaker 1: ask Jim Kessler about that. Jim Kessler of Third Way

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Speaker 1: is going to join us this first time on the show.

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Speaker 1: He used to work for Chuck Schumer. Jimmy, we got

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Speaker 1: a lot to talk about all right, first, let's kick

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Speaker 1: things off with Jordan Fabian. He is, of course, Bloomberg

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Speaker 1: White House reporter. Jordan's I want to begin by framing

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Speaker 1: this segment up by talking about that speech at the

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Speaker 1: President gave it Mount Rushmore. That was in many ways

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Speaker 1: a resetting for the President's re election campaign to say

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Speaker 1: it's us against them, was it not. Yeah, that's right, Kevin.

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Speaker 1: And it really seems like he's now completely abandoned any

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Speaker 1: pretense of wanting to make any kind of gesture towards

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Speaker 1: the protesters who are protesting against police brutality, police perform,

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Speaker 1: and that's he used to be all at the window,

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Speaker 1: and he's now focused on really attacking these protesters and

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Speaker 1: in flaming racial divisions in a in a way to

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Speaker 1: you know, appeal to his mostly white bass and get

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Speaker 1: them fired up to come out and vote for him

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Speaker 1: in November. Take us behind the scenes to the President's

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Speaker 1: re election campaign. What is Tim Mertal telling individuals in

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Speaker 1: battleground states about messaging to try to win over some

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Speaker 1: of those independent swing voters. Take us behind the scenes

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Speaker 1: on on on how they've been trying to to break

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Speaker 1: through beyond the base. Yeah. Well, It's it's an interesting dynamic, Kevin,

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Speaker 1: because you have some advisors to the president who wish

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Speaker 1: he would do things differently, like take Joe Biden on

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Speaker 1: more directly and really draw some contracts with China and

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Speaker 1: other issues. But instead the President has decided to focus

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Speaker 1: on these racially divisive issues and go all in on

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Speaker 1: issues like the Confederate Flag statues and monuments, and as

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Speaker 1: we saw today, you know, NASCAR and the name of

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Speaker 1: the Washington Redskins, of the Cleveland Indians. These are all

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Speaker 1: these divisive issues that he's playing up, while some of

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Speaker 1: his advisors would wish you would focus on on other things,

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Speaker 1: like you said, would appeal to more of independent voter

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Speaker 1: people on the suburbs, people who he really needs to

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Speaker 1: win a second term. You know, I want to keep

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Speaker 1: it focused, but I don't see how the Washington Redskins

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Speaker 1: keep that name. I just I don't see it, especially

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Speaker 1: given everything going on in the dynamics. But I mean,

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Speaker 1: it seems like the president is running not a national campaign,

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Speaker 1: but a MacComb County campaign McComb County in Michigan, a

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Speaker 1: key battleground state, and he's really essentially trying to double

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Speaker 1: down on how these are going to play in these

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Speaker 1: swing counties, and there's only about a hundred of them

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Speaker 1: throughout the country, representing about you know, a hundred thousand

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Speaker 1: swing voters. And so I'm I'm really struck in terms

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Speaker 1: of just how the Biden campaign really is going to

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Speaker 1: be able to do this or to go uh in

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Speaker 1: terms of just riding it out, because if you play

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Speaker 1: this forward, there's gonna be some turbulent debates and some

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Speaker 1: turbulent study in contrast for for the conventions. Jordan Fabiu, Right.

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Speaker 1: I think that's one thing that the President's team is

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Speaker 1: hoping for that once you get the president into a

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Speaker 1: room with Joe Biden, that the dynamic is going to change,

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Speaker 1: because in this period of of lockdowns, we've seen the

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Speaker 1: President really lose ground as he fumbled the coronavirus response,

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Speaker 1: has this this response we've been talking about to the

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Speaker 1: protest against the police brutality, while Joe Biden sort of

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Speaker 1: lays back and is able to kind of let Trump

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Speaker 1: trip over himself. But again, once they get toe to toe,

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Speaker 1: the Trump people are hoping that, uh, this dynamic will change.

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Speaker 1: All right. Now, let's switch gears now, because some of

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Speaker 1: the P P P loan transparency was released, and really

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Speaker 1: it was a anybody was connected got alone. You've got

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Speaker 1: a firm that was linked to Speaker of the House,

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Speaker 1: Nancy Pelosi's husband, she got that got a virus loan,

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Speaker 1: President Trump's partner, and the Betsy Divos tied company, among

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Speaker 1: other PPP recipients. What has been the buzz around the

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Speaker 1: p p P recipients about who got access to this money? Well,

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Speaker 1: first of all, I said, we still don't have a

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Speaker 1: complete list because there's still those smaller firms that the

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Speaker 1: government hasn't released yet. And I know news organizations are

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Speaker 1: pushing to get full access to the figures. But from

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Speaker 1: what we do know, as you said, a number of

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Speaker 1: politically connected folks have gotten loans forced on all of

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Speaker 1: the loans. But some interesting names. You have Grover Northwest

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Speaker 1: of Americans or tax Reform, someone who's advocated for small

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Speaker 1: government and little to no taxes, taking you know, thousands

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Speaker 1: of dollars in government funds to keep this organization afloat.

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Speaker 1: And so you have these interesting uh you know, a

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Speaker 1: little uh little maybe hypocrisy as you see, and some

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Speaker 1: of the people who have applied to these things. So

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Speaker 1: I know, another one media matters on the left, somebody's

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Speaker 1: been very critical of the president's virus response taking advantage

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Speaker 1: of of that loan as well. So I know reporters

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Speaker 1: here in Washington if it had fun time today digging

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Speaker 1: through these names and number and looking for some interesting

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Speaker 1: interesting names. You know, if there's one thing we in

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Speaker 1: the media do well, it's it's fake outrage. So I'm

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Speaker 1: on the one hand, I rolled my eyes. On the

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Speaker 1: other hand, on the other hand, I'm enraged. But you know,

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Speaker 1: regardless of that, I think what everyone can agree on

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Speaker 1: is the one dred and thirty seven million dollars that

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Speaker 1: was left over in the in the loans, I could

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Speaker 1: have gone to um to two small businesses, to Main Street.

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Speaker 1: And so I was really struck by this by hearing

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Speaker 1: from Senate Majority Leader Mitch McConnell that on the day

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Speaker 1: when we're getting some of these transparency numbers, he's saying

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Speaker 1: that the next round of stimulus could actually come Jordan's

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Speaker 1: by the end of the month, so before the August recess.

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Speaker 1: And so I'm curious what the White House is saying

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Speaker 1: about that, because Republicans that I've spoken to on both

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Speaker 1: you know, on all sides of the ideological conservative um

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Speaker 1: spectrum are very divided in terms of how this ought

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Speaker 1: to play. I think, Kevin, from what I've heard from

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Speaker 1: senior Administration official, there's a broad knowledge with is going

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Speaker 1: to be another rescue package. The despite all of the

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Speaker 1: loans we saw that went to politically effected people, Uh,

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Speaker 1: there's no arguing that those loans did help number of

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Speaker 1: small businesses stay afloat during the COVID crisis when the

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Speaker 1: economy is essentially closed. So there's broa acknowledgement that with

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Speaker 1: this problem ongoing, uh, with with states having still not

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Speaker 1: fully reopened, they need some more assistance. But what that

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Speaker 1: looks like is still up for debateing you know, the

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Speaker 1: White House is pushing for things like a payroll tax cut,

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Speaker 1: um other measures that liability protections that Democrats might hold

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Speaker 1: their nose that and so, uh, we're really not going

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Speaker 1: to know how it looks like one until the lawmakers

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Speaker 1: come back from July four and really get down the

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Speaker 1: brass tacks. But there's some big ideological golf here between

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Speaker 1: Republicans Democrats, which could make a big package hard to

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Speaker 1: pass through the cogress Jordan very quickly, right now, what

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Speaker 1: is your go to fourth of July song. Wow, you're

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Speaker 1: really on the spot here, Kevin. I mean Board of

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Speaker 1: the USA by Bruce Branton is always a closset. I agree,

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Speaker 1: we're gonna leave it there. I listen to that over

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Speaker 1: the weekend. Yeah, it's a good one, all right, Jordan

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Speaker 1: Fabian to keep up great reporting, Bloomberg White House Reporter.

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Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg

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Speaker 1: and one oh five point seven f M HD two.

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Speaker 1: Did did you hear what Dr Fauci said over the weekend.

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Speaker 1: Let's really grabbed my attention. Um here it is. Dr

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Speaker 1: Fauci says that the vaccines likely are going to offer

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Speaker 1: only finite protection. Any vaccine I'm reading on the Bloomberg terminal,

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Speaker 1: any vaccine developed to ward off the novel coronavirus would

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Speaker 1: likely be limited and how long it would shield against

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Speaker 1: infection top Us Infectious disease expert Anthony Fauci said Monday,

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Speaker 1: you can assume that we'll get protection at least to

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Speaker 1: take us through this cycle. Fouchi said, but we're still

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Speaker 1: knee deep in the first wave, so I mean, it's

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Speaker 1: it's really unclear in terms of when the vaccine is

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Speaker 1: going to come, when it's going to be in production,

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Speaker 1: and what that will essentially mean in terms of getting

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Speaker 1: it into the supply chain like the farm the national

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Speaker 1: pharmacies and the small town pharmacies all throughout the country.

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Speaker 1: I want to continue reading from this report quote A

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Speaker 1: shot to protect against COVID nineteen won't work like the

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Speaker 1: measles vaccine, which lasts throughout a person's lifetime. Fauci said,

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Speaker 1: we may need a boost to continue the protection, but

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Speaker 1: right now we don't know how long it lasts. So

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Speaker 1: I think this is incredibly important, folks, because this isn't

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Speaker 1: like a one shot cure all vaccine that we're waiting for.

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Speaker 1: It is a temporary fix. This is according to what

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Speaker 1: Dr Fauci said earlier today. UM Kevin CEREALI chief Washington

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Speaker 1: correspondent for Bloomberg Television and from Bloomberg Radio, and I

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Speaker 1: want to welcome in my nest next guest to get

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Speaker 1: the reaction not to Dr Faucci, but to terms of

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Speaker 1: how this will impact the economy, which of course is

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Speaker 1: going to be waiting for there to be some type

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Speaker 1: of vaccine to reopen to stay closed. You know all

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Speaker 1: of that. Calvin Schnore returns to the program. Calvin is

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Speaker 1: a senior economist at nay Read. Calvin, I want to

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Speaker 1: get to jobs numbers in the economic outlook, but first

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Speaker 1: I do want to get the reaction of waiting for

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Speaker 1: the vaccine and how the markets and businesses are are

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Speaker 1: factoring that in. You know, we've all been hoping to

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Speaker 1: get the vaccine, but that's really like saying we're waiting

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Speaker 1: for a silver bullet. We're waiting for something that's just

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Speaker 1: going to solve our problem miraculously, and it would be

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Speaker 1: really nice if we can get that, and that will

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Speaker 1: give us comfort that we would really really love to have.

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Speaker 1: But there are a lot of countries that have been

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Speaker 1: effective in controlling this virus without the vaccine, and they've

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Speaker 1: just done old school public health in terms of the

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Speaker 1: social distancing, the testing, the contact tracing, and you look

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Speaker 1: at what they've done and read a lot of the

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Speaker 1: Asian countries, and you look what New York State has done. Um,

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Speaker 1: I think we're all going to be you're just waiting

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Speaker 1: for the vaccine to say we can have real certainty,

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Speaker 1: but we can do an awful lot and have economic

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Speaker 1: activity if we get this under control using those old

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Speaker 1: school techniques. So I think it's interesting for how economists

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Speaker 1: like yourself have been factoring in and the data that

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Speaker 1: they've been relying on in order to see where the

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Speaker 1: economy is moving along. And we were talking about this

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Speaker 1: last week, but I want to continue it into this

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Speaker 1: week's conversation on this program, which is it's not necessarily

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Speaker 1: the number of reported cases. It's more looking at the

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Speaker 1: number of hospital beds that is on that are that

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Speaker 1: are that are that are filled, because if the hospitals

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Speaker 1: are prepared h then you know then that things can

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Speaker 1: be open. But the hospitals are not prepared, that's when

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Speaker 1: we run into trouble. Yes, that's true. There there are

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Speaker 1: many different levels of this, and the number of recorded

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Speaker 1: reported cases is an easy number that we can get quickly.

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Speaker 1: That is a rough guide of what's going to be

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Speaker 1: going on. The hospital bids are important because that tells

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Speaker 1: you if your public health system is being overwhelmed. But

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Speaker 1: really we want to know is whether there is enough

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Speaker 1: virus in the community that you are at risk if

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Speaker 1: you go about your daily business and you need to

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Speaker 1: protect yourself. And that's ultimately what we're looking for is

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Speaker 1: if this can be under control enough under control through

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Speaker 1: through the social distancing, wearing a mask, testing um and

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Speaker 1: contact tracing so that you can find cases fairly quickly,

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Speaker 1: so you can have some confidence that you can go

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Speaker 1: to the mall and if you behave reasonably well, you

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Speaker 1: don't have an undoe risk. Right now, we can't do

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Speaker 1: that in a lot of places because there's just so

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Speaker 1: much of the virus out there. There's a selected both

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Speaker 1: in the number of new cases and the hospital bits.

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Speaker 1: So we have a long way to go on a

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Speaker 1: lot of fronts, you know, and and and even though

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Speaker 1: we're still getting through it, Calvin, we're still going to

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Speaker 1: make it through Calvin stories on the line. He's a

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Speaker 1: senior economist that they read. And that's okay because we

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Speaker 1: talked about playing it forward. But the jobs numbers last

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Speaker 1: week we're pretty good. I mean, the unemployment rates eleven

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Speaker 1: point one percent, near the eighteen millions people still unemployed.

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Speaker 1: That's tragic, but but they've beat expectations last month. What

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Speaker 1: is what is going on? Is it because of the reopenings.

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Speaker 1: Do you think that now that states had have had

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Speaker 1: to issue some new closures that they could we could

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Speaker 1: be in for a rocky summer how do you figure this? Sure?

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Speaker 1: This is this is all because of the reopening. And

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Speaker 1: I just say this is this was the strongest job

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Speaker 1: game we've ever seen. You can't say it's the strongest

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Speaker 1: jobs report because there's still almost eighteen million people unemployed

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Speaker 1: in that rate is higher than it had been in

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Speaker 1: the previous recession. Um. But this is what this really else.

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Speaker 1: This is the economic engine is not broken as long

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Speaker 1: as the pandemic is under control and people can go

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Speaker 1: out to the shops and the stores and so on. Um.

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Speaker 1: So that that's good news, But that's a big asterisk

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Speaker 1: just because these numbers were put together early June, before

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Speaker 1: the virus started surging again. So I think we're all

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Speaker 1: a little bit anxious whether the July and August is

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Speaker 1: going to keep be able to keep up this pace

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Speaker 1: of improvement or we're gonna have some re regression. All right.

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Speaker 1: I want to ask you about something just in the

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Speaker 1: in then two minutes that we have left, because it's

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Speaker 1: something that economists are starting to talk about, and that's

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Speaker 1: the education system and schools. Because we're right around the

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Speaker 1: corner from schools going back or not going back, and

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Speaker 1: no one has it figured out. It's not going to

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Speaker 1: be a one size fits all program, but that could

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Speaker 1: be an economic driver, and and and and explain to

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Speaker 1: us from an economic sense how school openings or non

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Speaker 1: openings will impact the economy. Well, workers are more than

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Speaker 1: just an employee. They're people, and they have families, and

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Speaker 1: they have live and anyone who has children at home

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Speaker 1: has to coordinate that and your your family and children

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Speaker 1: are going to come first. Um. Schools are a place that,

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Speaker 1: if you're not careful, could transmit the virus very rapidly

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Speaker 1: through a lot of the rest of the community, including

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Speaker 1: older people. So you want to be careful. And what

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Speaker 1: happens if the school is only open two or three

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Speaker 1: days a week and those aren't the days that you

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Speaker 1: have to go to the office and you're in trouble.

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Speaker 1: The schools need to be synchronized with the office work,

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Speaker 1: and that's gonna be really difficult to do. Remarkable, remarkable,

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Speaker 1: All right, Calvin Schnort, I'm gonna have to leave it there.

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Speaker 1: He has senior economists at Navy. Thank you so much

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Speaker 1: for coming on and giving us your insights. This is

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Speaker 1: Bloomberg's Sound On with Kevin Surley on Bloomberg and one

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Speaker 1: or five point seven f m h D two. That's

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Speaker 1: such a great song, bitter sweet symphony by the verb

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Speaker 1: so good, so good. It's really a song for the moment.

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Speaker 1: My name is Kevin's really I'm chief Washington correspondent for

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Speaker 1: Bloomberg Television and Bloomberg Radio. And now let's talk politics

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Speaker 1: with our political panel. Jim or Nacy is a former

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Speaker 1: Republican Ohio congressman. He returned to the program. Jim. Great

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Speaker 1: to have you and Jim Kessler. Jim Kessler of Third Way,

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Speaker 1: the centrist democratic think tank in Washington, d C. Jim,

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Speaker 1: we used to talk all the time, but this is

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Speaker 1: your first time on the program. I am thrilled to

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Speaker 1: have you on. How have you been? How is your

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Speaker 1: Fourth of July? It was excellent. I did not go

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Speaker 1: down to them all to the Fourth of July because

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Speaker 1: so many people set off their own fireworks in my neighborhood.

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Speaker 1: It's like a private showing for me, and that's what

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Speaker 1: I did. Jim, you know, it's I had the same feeling.

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Speaker 1: I mean, they've been setting off fireworks, not just in

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Speaker 1: d C, New York, Philly, They've been setting off fireworks

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Speaker 1: all summer. I don't really understand it, but you know

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Speaker 1: we're gonna go with it. However, I did go to

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Speaker 1: the Kennedy Center. I sat on the lawn, you know,

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Speaker 1: I saw the flyover, uh and got to see yeah,

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Speaker 1: and got to see h a great view. And I

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Speaker 1: love that flyover. I mean, it really is just gives

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Speaker 1: you so much another moment to reflect and pause for

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Speaker 1: all the brave and the women who have served our country.

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Speaker 1: All right, Renassy and Kessler, I gotta refer to you

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Speaker 1: by your last names, because you're both named Jim Barratta,

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Speaker 1: our executive producer. She just said in the chat, call

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Speaker 1: them by their last names. You can't call them Jim's Jimmy's.

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Speaker 1: All right, let's start with this. Did you see this

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Speaker 1: in Politico? Renaissy? Did you see this in political I

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Speaker 1: want to get your reaction. Democrats smell a route and

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Speaker 1: the chance to control redistricting in twenty twenty one. The

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Speaker 1: party is starting to think bigger than just beating Trump.

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Speaker 1: Christopher Caldago and the Tasha Correcti report, Donald Trump's collapsing

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Speaker 1: poll numbers have Democrats thinking bigger than just winning the

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Speaker 1: White Allison seizing the Senate. They're imagining a route that

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Speaker 1: extends all the way down the ballot. What do you think, Well, Kevin,

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Speaker 1: thank you for having me. And you know, it's interesting

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Speaker 1: because we seem to always talk about polls. But one

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Speaker 1: thing I learned I was a businessman long before I

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Speaker 1: got into politics, and I got into politics. I learned

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Speaker 1: that the only poll that really matters is one on

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Speaker 1: November three this year, and everything prior to that means

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Speaker 1: very little because it just depends on the temperature of

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Speaker 1: the day. But I did a little uh. I went

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Speaker 1: back in the history in two thousand sixteen and and

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Speaker 1: the polls that were being pushed out at this exact

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Speaker 1: same time in two thousand and sixteen, the Tender average

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Speaker 1: had Clinton up six points. The Reuters on July second

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Speaker 1: had Clinton plus eleven. So the ten day average was

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Speaker 1: Clinton plus six. But July second through six, Clinton was

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Speaker 1: plus eleven. Michigan, the Gravis Pole July seven, Clinton plus six, Wisconsin,

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Speaker 1: Marquet Pole July seven through tenth, Clinton plus for the

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Speaker 1: p A NBC, so I fifty printing plus nine. So

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Speaker 1: I think what that tells you is it doesn't really

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Speaker 1: matter what's going on in July. What really matters, that's

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Speaker 1: what's going on in November three, there's a twenty days left,

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Speaker 1: and I think it's going to come down to what

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Speaker 1: candidate can make people feel most comfortable on November three.

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Speaker 1: Al Right, I hear you on that. And speaking of

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Speaker 1: taking the temperature, it's a hot and humid one here

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Speaker 1: in Washington, D C. Kessler. When you look and to

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Speaker 1: analyze the down ballot races though, this really would appear

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Speaker 1: an opportunity for the Democrats to said, to make some

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Speaker 1: significant gains on on down ballot races. Where where do

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Speaker 1: you have your eye on? So I'm optimistic. Look, Democrats

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Speaker 1: are equally optimistic and petrified about November. Because Democrats thought

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Speaker 1: they were going to win. They weren't over you know,

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Speaker 1: they weren't eufork about. They were worried. But you know,

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Speaker 1: Trump's win was a shot. So Democrats are worried that

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Speaker 1: it could it could happen again. I am confident going

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Speaker 1: into this. So if you look at the polling and

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Speaker 1: you know, um, Mr Vernacia is right the uh You

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Speaker 1: know that the polls do fluctuate. But if you look

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Speaker 1: at the question on the voters who say I don't

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Speaker 1: like either candidate and who are they going to vote for? Well,

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Speaker 1: in the folks that didn't like both Hillary and Donald

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Speaker 1: Trump ended up voting for Trump by seventeen points. Right

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Speaker 1: now in the polls, they're voting for Joe Biden by

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Speaker 1: thirty points. And that is the difference between being incumbent

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Speaker 1: and in a way, Hillary Clinton ran as an incumbent,

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Speaker 1: has a third term Democratic term, and now that's what

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Speaker 1: Trump has right now. So I do feel pretty optimistic

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Speaker 1: that Democrats are gonna win, that Joe Biden is gonna win,

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Speaker 1: and I think Democrats are going to retake the Senate.

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Speaker 1: I think this is a disastrous election shaping up for Republicans.

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Speaker 1: And I would even look at some states where you know,

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Speaker 1: looking steel pretty solid, like Iowa and Montana, and those

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Speaker 1: those states could fall, Those could fall too Democrats. Well,

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Speaker 1: I mean, I've find this fascinating because Jim Kesler knows

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Speaker 1: all the ins and outs, and he was the policy

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Speaker 1: director for Truck Schumer, that was his previous old boss.

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Speaker 1: And I find it absolutely fascinating to hear this type

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Speaker 1: of smart analysis because it really captures I think where

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Speaker 1: the Democratic Party is, and there are so many he

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Speaker 1: talks about. I don't want to put words in his mouth,

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Speaker 1: but He's talking about this almost political anxiety that exists

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Speaker 1: right now on the Democratic Party because there is so

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Speaker 1: many unanswered questions on a host of different policy issues

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Speaker 1: relating to the economy, for for example, on foreign policy,

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Speaker 1: for example, on a host of different issues, and yet

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Speaker 1: they are the assumed front runner at this particular moment. So,

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Speaker 1: Jim Urnacy, former Ohio congressman, Republican, I want to put

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Speaker 1: this to you. What does the Trump campaign have to do,

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Speaker 1: not to size up the base, but to go into

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Speaker 1: Ohio and win over those folks who are looking at

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Speaker 1: these two candidates and saying, I don't like either of them,

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Speaker 1: but I'm gonna lean right now to Ward Biden. How

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Speaker 1: does he win back that voter? Well, it's interesting, and uh,

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Speaker 1: it's it's funny because today I was actually with a

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Speaker 1: Democrat voter and a Republican voter. The Democrat voter, well, first,

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Speaker 1: the Republican voters said he's not going to vote for

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Speaker 1: Trump again. So um, Mr Kessler would agree that there

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Speaker 1: are some Republican voters to say that. But the Democrat

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Speaker 1: voter who actually voted for Clinton, UM said to me that, uh,

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Speaker 1: he cannot vote for Joe Biden because Joe Biden. Uh.

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Speaker 1: Number one doesn't really have the pulse of the country anymore.

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Speaker 1: Number two he used or is see now, which I

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Speaker 1: don't believe that I've known Vice President Biden, but um,

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Speaker 1: and number three he has no idea where the Democrat

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Speaker 1: Party and totality is going to take the country, and

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Speaker 1: they're afraid of the far left swing. This guy was

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Speaker 1: afraid of the far left swing that the Democrat Party

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00:23:55,480 --> 00:23:57,760
Speaker 1: has taken. So I think what the president has to

430
00:23:57,800 --> 00:23:59,240
Speaker 1: do is he has to get out there and explain.

431
00:23:59,359 --> 00:24:02,280
Speaker 1: But look, where were we when when I took over?

432
00:24:02,680 --> 00:24:05,800
Speaker 1: Where did I take us prior to coronavirus? And where

433
00:24:05,840 --> 00:24:08,000
Speaker 1: can I take us afterwards? And then he's got to

434
00:24:08,080 --> 00:24:12,240
Speaker 1: make sure that he shows the difference between the Obama

435
00:24:12,359 --> 00:24:15,639
Speaker 1: Biden eight years and what he was able to do

436
00:24:16,320 --> 00:24:19,200
Speaker 1: prior to coronavirus. That's what I said. I don't think

437
00:24:19,359 --> 00:24:23,320
Speaker 1: things really matter until November, because it's November. If the

438
00:24:23,400 --> 00:24:26,600
Speaker 1: economy is still down, if the coronavirus is in its

439
00:24:26,680 --> 00:24:29,879
Speaker 1: second waves, it could be problematic for the president because

440
00:24:29,880 --> 00:24:32,639
Speaker 1: it's hard to for people to look back at what

441
00:24:32,760 --> 00:24:35,480
Speaker 1: the president has done. But let's look at our economy,

442
00:24:35,560 --> 00:24:37,640
Speaker 1: let's look at our unemployment. Let's look at what things

443
00:24:37,680 --> 00:24:40,800
Speaker 1: are starting to tick back up again, and let's get

444
00:24:40,840 --> 00:24:44,119
Speaker 1: back to really explaining the differences between Joe Biden and

445
00:24:44,240 --> 00:24:46,320
Speaker 1: Donald Trump. And that's how I think Donald Trump wants

446
00:24:47,160 --> 00:24:49,080
Speaker 1: Jim Jim Kessler. I want to pick up on what

447
00:24:49,200 --> 00:24:51,720
Speaker 1: Jim or Nacy just said there, because when when when

448
00:24:51,760 --> 00:24:55,040
Speaker 1: you look at what Nassy is saying, is for some

449
00:24:55,240 --> 00:24:59,040
Speaker 1: independent voters, they're unsure of what Abiden administration would look

450
00:24:59,080 --> 00:25:02,160
Speaker 1: like and how much the far left progressive flank, how

451
00:25:02,240 --> 00:25:05,760
Speaker 1: much clout they would have excuse me in the administration.

452
00:25:06,240 --> 00:25:08,320
Speaker 1: So is it does Biden need to get out there

453
00:25:08,359 --> 00:25:10,920
Speaker 1: and say this is what my economic agenda would look like,

454
00:25:11,680 --> 00:25:14,320
Speaker 1: or does he just need to continue to make this

455
00:25:14,640 --> 00:25:18,200
Speaker 1: a referendum vote and not really put out what what

456
00:25:18,600 --> 00:25:20,560
Speaker 1: his economic plan would look like or what a Biden

457
00:25:20,600 --> 00:25:25,040
Speaker 1: Treasury secretary would look like. Joe Biden is a moderate

458
00:25:25,359 --> 00:25:28,960
Speaker 1: and he is going to campaign as a moderate. That

459
00:25:29,160 --> 00:25:31,879
Speaker 1: is his sensibility. That's what he's been his entire career.

460
00:25:32,240 --> 00:25:36,800
Speaker 1: He won the Democratic nomination separating himself from that far

461
00:25:36,960 --> 00:25:40,040
Speaker 1: left wing of the Democratic Party. At the same time,

462
00:25:40,119 --> 00:25:42,920
Speaker 1: he is also one who tries to build coalitions and

463
00:25:43,480 --> 00:25:45,719
Speaker 1: to his credit, he has reached out to Bernie Sanders

464
00:25:45,800 --> 00:25:49,760
Speaker 1: and Sanders supporters, and Sanders has reciprocated and has behaved well.

465
00:25:50,359 --> 00:25:52,760
Speaker 1: And there's a lot of unity within the Democratic Party.

466
00:25:53,080 --> 00:25:55,879
Speaker 1: But Joe Biden, for his entire career, and it's a

467
00:25:55,960 --> 00:25:59,440
Speaker 1: long career, has been a moderate. Here's the problem for

468
00:25:59,600 --> 00:26:03,720
Speaker 1: Donald Trump. Yes, the economy might pick up a little

469
00:26:03,720 --> 00:26:06,600
Speaker 1: bit and it might go back, but he mishandled the

470
00:26:06,640 --> 00:26:11,360
Speaker 1: coronavirus outbreak, you know, to a level that no other

471
00:26:11,520 --> 00:26:15,719
Speaker 1: country can match. And you can't open up this country

472
00:26:15,880 --> 00:26:19,520
Speaker 1: and have fifty new cases per day. So what Donald

473
00:26:19,560 --> 00:26:21,960
Speaker 1: Trump is trying to do is trying to make this

474
00:26:22,600 --> 00:26:26,040
Speaker 1: race either about Joe Biden is too far left, and

475
00:26:26,240 --> 00:26:28,600
Speaker 1: you know he will try and do that, and about

476
00:26:28,680 --> 00:26:33,880
Speaker 1: things like Confederate monuments, Colin Kapernick and Bubba Wallace. You're

477
00:26:33,960 --> 00:26:37,800
Speaker 1: listening to Bloomberg Sound On with Kevin Currele on Bloomberg

478
00:26:38,920 --> 00:26:41,200
Speaker 1: and one oh five point seven f M H D two.

479
00:26:42,359 --> 00:26:44,200
Speaker 1: I still don't really understand what's going to happen with

480
00:26:44,280 --> 00:26:47,960
Speaker 1: the NBA for the MLB. The only thing I know

481
00:26:48,119 --> 00:26:49,840
Speaker 1: is that I think the Washington Redskins are going to

482
00:26:49,920 --> 00:26:51,639
Speaker 1: have to change their name. My name is Kevin Cirelli.

483
00:26:51,680 --> 00:26:54,600
Speaker 1: I'm the chief Washington correspondent to Bloomberg Television and the

484
00:26:54,600 --> 00:26:58,600
Speaker 1: Bloomberg Radio. The Gym's we should call this segment to

485
00:26:58,800 --> 00:27:03,359
Speaker 1: Jim's that a keV Jim n a c former Ohio congressman, Republican.

486
00:27:03,440 --> 00:27:06,000
Speaker 1: He's on the line. He's a businessman, you know, before

487
00:27:06,040 --> 00:27:09,200
Speaker 1: he was in office, and I understand was very involved

488
00:27:09,240 --> 00:27:12,359
Speaker 1: in sports as well. Uh. And Jim Kessler of Third

489
00:27:12,400 --> 00:27:16,040
Speaker 1: Way an stp over the guy over a third Way

490
00:27:16,040 --> 00:27:17,480
Speaker 1: who I used to talk with all the time in

491
00:27:17,840 --> 00:27:20,520
Speaker 1: another life, Jim when I was at the Hill newspaper

492
00:27:20,600 --> 00:27:23,920
Speaker 1: all those years ago, back in the day, back in

493
00:27:24,000 --> 00:27:27,600
Speaker 1: the day. Uh. But Renee, see, let me ask you this, though,

494
00:27:28,200 --> 00:27:30,199
Speaker 1: the Redskins are gonna have to change their name. Am

495
00:27:30,240 --> 00:27:34,320
Speaker 1: I wrong on this or no? Well, you know what,

496
00:27:34,440 --> 00:27:37,320
Speaker 1: it's going to really be up to what the ownership

497
00:27:37,600 --> 00:27:41,440
Speaker 1: in the NFL believes. Uh. In the end, we've gotten

498
00:27:41,520 --> 00:27:44,080
Speaker 1: through many many years with those names. It'll be interesting

499
00:27:44,080 --> 00:27:46,440
Speaker 1: to see what the decisions they make. I mean, look,

500
00:27:46,560 --> 00:27:50,120
Speaker 1: this is not a subject that just didn't come up today.

501
00:27:50,280 --> 00:27:54,480
Speaker 1: It's it's been up a number of times, and inians

502
00:27:54,520 --> 00:27:58,359
Speaker 1: took the chief y'all who offer their symbol and just

503
00:27:58,480 --> 00:28:01,760
Speaker 1: have the scene now. But there's the Indians and um

504
00:28:01,880 --> 00:28:04,120
Speaker 1: and they seem to continue to have a fan base,

505
00:28:04,160 --> 00:28:06,080
Speaker 1: and of course the Redkin and Redskins have done the

506
00:28:06,160 --> 00:28:10,719
Speaker 1: same thing. So um it. Look, we're in changing times

507
00:28:11,160 --> 00:28:14,640
Speaker 1: the NBA and the NFL and some of these team

508
00:28:14,720 --> 00:28:17,720
Speaker 1: owners are going to have to make some decisions as

509
00:28:17,760 --> 00:28:20,800
Speaker 1: to where they want to be going forward. But I'm

510
00:28:20,840 --> 00:28:24,320
Speaker 1: not too sure the change is guaranteed because, like I said,

511
00:28:24,359 --> 00:28:27,120
Speaker 1: we've been through this before. Okay, But you who has

512
00:28:27,200 --> 00:28:30,280
Speaker 1: been behind the scenes in the executive management of professional

513
00:28:30,400 --> 00:28:33,000
Speaker 1: sports take us behind the scenes. What is what is

514
00:28:33,040 --> 00:28:35,080
Speaker 1: the process? Like? I mean, what is the pressure that

515
00:28:35,119 --> 00:28:38,760
Speaker 1: they're under? Is it from is it from you know,

516
00:28:39,000 --> 00:28:41,760
Speaker 1: the is it from executives that the league? Is that

517
00:28:41,840 --> 00:28:45,560
Speaker 1: the players association? I mean, what what's going on? Well?

518
00:28:45,840 --> 00:28:48,480
Speaker 1: I always chuckle because I don't care whether in politics

519
00:28:48,600 --> 00:28:52,080
Speaker 1: or business or in baseball, football or basketball, it all

520
00:28:52,120 --> 00:28:54,720
Speaker 1: comes down to money. So it does come down to

521
00:28:55,480 --> 00:28:59,160
Speaker 1: UH sponsorships. It comes down to UH the fans and

522
00:28:59,200 --> 00:29:01,280
Speaker 1: the stands by in the seats as we called it,

523
00:29:01,840 --> 00:29:03,480
Speaker 1: and you need to be able to make sure you

524
00:29:03,600 --> 00:29:06,480
Speaker 1: continue to bring your sponsors in. You can continue to

525
00:29:06,560 --> 00:29:09,800
Speaker 1: get people in the seats, and you've got you have

526
00:29:09,960 --> 00:29:13,240
Speaker 1: to make sure that the decisions you may continue to

527
00:29:13,920 --> 00:29:17,200
Speaker 1: you know, fill the seats and continue to bring sponsors him. Hey, Kessler,

528
00:29:17,280 --> 00:29:20,760
Speaker 1: you know what I say, Fly Eagles fly, That's all

529
00:29:20,800 --> 00:29:25,000
Speaker 1: that matters. All right, We're gonna bring it back. Go ahead,

530
00:29:25,280 --> 00:29:28,880
Speaker 1: whoever wanted to talk about them. I'm just it's over

531
00:29:29,000 --> 00:29:31,920
Speaker 1: for the Redskins. I mean, they will not be the

532
00:29:31,960 --> 00:29:35,920
Speaker 1: Red skin by the opening day the season. Colin Kaepernick

533
00:29:36,120 --> 00:29:41,000
Speaker 1: just signed a contact with Disney to do programming on

534
00:29:41,760 --> 00:29:45,280
Speaker 1: race and social issues. That's how fast this has moved.

535
00:29:45,440 --> 00:29:49,560
Speaker 1: And frankly, you look at Trump speech at Mount Brushmore

536
00:29:49,760 --> 00:29:53,600
Speaker 1: and and he's not even in the last centers in

537
00:29:53,720 --> 00:29:57,680
Speaker 1: the previous century. It seems we've created these myths. These

538
00:29:57,760 --> 00:30:01,520
Speaker 1: myths have turned out to be lies, and the house

539
00:30:01,600 --> 00:30:04,360
Speaker 1: of cards is crumbling around them. So I think, you

540
00:30:04,440 --> 00:30:07,640
Speaker 1: know this is gonna move fast, and thankfully so. And

541
00:30:07,800 --> 00:30:11,000
Speaker 1: that's why. Oh yeah, I know, Keslo is a Philly guy.

542
00:30:11,120 --> 00:30:13,360
Speaker 1: All right, uh so let me let I want to

543
00:30:13,440 --> 00:30:15,560
Speaker 1: do now this segment where we want to return we

544
00:30:15,640 --> 00:30:17,120
Speaker 1: used to do it for those who been listening since

545
00:30:17,160 --> 00:30:19,480
Speaker 1: the start um. We used to have this segment called

546
00:30:19,520 --> 00:30:21,480
Speaker 1: What's on Your Radar, and now that we have a panel,

547
00:30:21,760 --> 00:30:23,520
Speaker 1: I wanted to bring it back, and I'm gonna kick

548
00:30:23,560 --> 00:30:25,600
Speaker 1: things off because this is not What's all my Radar?

549
00:30:25,680 --> 00:30:26,960
Speaker 1: But I wanted to get it all the way. And

550
00:30:27,040 --> 00:30:29,719
Speaker 1: that's Kanye West because he says he's running for president.

551
00:30:29,840 --> 00:30:32,920
Speaker 1: But I'm gonna turn to CNN for the Kanye update.

552
00:30:33,280 --> 00:30:36,800
Speaker 1: Uh and CNN has reported that he hasn't actually taken

553
00:30:36,920 --> 00:30:40,800
Speaker 1: any steps yet. Getting on the ballot won't be easy.

554
00:30:41,400 --> 00:30:44,240
Speaker 1: According to CNN dot Com, Kanye West said Saturday he

555
00:30:44,320 --> 00:30:46,800
Speaker 1: is running for president in the U s election and

556
00:30:46,880 --> 00:30:49,720
Speaker 1: apparent challenge to go head to head with President Trump.

557
00:30:49,920 --> 00:30:52,480
Speaker 1: We must now realize the promise of America by trusting God,

558
00:30:52,600 --> 00:30:55,040
Speaker 1: unifying our vision, and building our future. I am running

559
00:30:55,080 --> 00:30:57,720
Speaker 1: for president of the United States. But then he hasn't

560
00:30:57,720 --> 00:31:00,200
Speaker 1: really done anything with it, so I don't know, got

561
00:31:00,240 --> 00:31:02,480
Speaker 1: a lot of clicks, you know, I'm reading off the CNN,

562
00:31:02,560 --> 00:31:04,920
Speaker 1: but as of now, nothing, It's it's not even all

563
00:31:04,960 --> 00:31:07,440
Speaker 1: my radar, which is a prologue to this segment. Okay,

564
00:31:07,520 --> 00:31:09,840
Speaker 1: so that's out of the way, Kessler, I'm gonna come

565
00:31:09,880 --> 00:31:13,800
Speaker 1: to you first, what's on your radar? So um, I

566
00:31:13,920 --> 00:31:16,800
Speaker 1: am fascinated by how the pp A Tour is going

567
00:31:16,880 --> 00:31:22,320
Speaker 1: to hand the Masters Tournament in this new era of

568
00:31:22,560 --> 00:31:27,040
Speaker 1: racial consciousness. The p A Tour has never been ahead

569
00:31:27,080 --> 00:31:30,520
Speaker 1: of the game on race. The Masters has been even

570
00:31:30,600 --> 00:31:34,800
Speaker 1: further behind. I'm just wondering how the color and pageantry

571
00:31:34,920 --> 00:31:39,000
Speaker 1: of this wonderful place of Augusta, which is steeped in racism,

572
00:31:39,400 --> 00:31:40,960
Speaker 1: is going to have to deal with it in this

573
00:31:41,120 --> 00:31:44,400
Speaker 1: new era and is a really good one. It is fascinating.

574
00:31:44,440 --> 00:31:46,240
Speaker 1: It really fits with sort of the conversation that we

575
00:31:46,320 --> 00:31:48,960
Speaker 1: were having about the Washington Redskins about what's been going

576
00:31:49,040 --> 00:31:52,200
Speaker 1: on in NASCAR. You know, you've got just so many

577
00:31:52,360 --> 00:31:55,680
Speaker 1: different I mean sports really is one could make the

578
00:31:55,880 --> 00:32:02,400
Speaker 1: argument at the first round of businesses from a national

579
00:32:02,520 --> 00:32:06,080
Speaker 1: perspective that are having to deal head on with how

580
00:32:06,160 --> 00:32:08,880
Speaker 1: to return to work with all of the different uh

581
00:32:09,040 --> 00:32:12,400
Speaker 1: new socially social consciousness that has been injected into the

582
00:32:12,440 --> 00:32:15,840
Speaker 1: American culture UH and and come to the forefront. It

583
00:32:16,000 --> 00:32:19,600
Speaker 1: really is very, very remarkable. And then I'm obsessed. I

584
00:32:19,840 --> 00:32:21,880
Speaker 1: always talk about this, but the n b A and

585
00:32:21,960 --> 00:32:24,920
Speaker 1: the relationship with the Communist Party, the SI Jing Ping

586
00:32:25,080 --> 00:32:27,040
Speaker 1: and and what's been going on with Hong Kong. But

587
00:32:27,120 --> 00:32:28,760
Speaker 1: that's a great one in terms of the PJ Rene,

588
00:32:28,840 --> 00:32:31,600
Speaker 1: see what's on your radar? Well, first, King, and I

589
00:32:31,640 --> 00:32:33,680
Speaker 1: want to tell you my new friend Jim Cussler says

590
00:32:33,680 --> 00:32:36,479
Speaker 1: something about the Redskins. He guaranteed that the Redskins are

591
00:32:36,520 --> 00:32:39,440
Speaker 1: going to be a change name. And I was remembering politics,

592
00:32:39,560 --> 00:32:43,360
Speaker 1: you never guarantee anything, So just throw that out as

593
00:32:43,400 --> 00:32:49,800
Speaker 1: a little trivia because you never want to say you

594
00:32:49,960 --> 00:32:53,840
Speaker 1: guarantee something. And and but um, we'll see, I guess

595
00:32:53,920 --> 00:32:56,040
Speaker 1: as the year passes. You know what's interesting, I'd like

596
00:32:56,120 --> 00:32:59,200
Speaker 1: to divert back to something that was on my radar

597
00:32:59,600 --> 00:33:01,920
Speaker 1: when I fust got to Washington and still is on

598
00:33:02,040 --> 00:33:04,040
Speaker 1: my radar. And we don't seem to talk about it

599
00:33:04,200 --> 00:33:07,440
Speaker 1: enough because people don't like to talk about it. But

600
00:33:07,600 --> 00:33:11,040
Speaker 1: most people aren't aware that our national dint went from

601
00:33:11,120 --> 00:33:15,160
Speaker 1: twenty three trillion to twenty six trillion in the span

602
00:33:15,280 --> 00:33:17,960
Speaker 1: of just a couple of months. And I remember back

603
00:33:18,000 --> 00:33:20,400
Speaker 1: into I remember back in two thousand and ten one

604
00:33:20,520 --> 00:33:23,520
Speaker 1: I ran and people said, you have to stop this

605
00:33:23,720 --> 00:33:26,240
Speaker 1: national debt from growing. And then it was only ten

606
00:33:26,320 --> 00:33:33,000
Speaker 1: trillion dollars but amazing from from March fifteenth to June fifteenth,

607
00:33:33,160 --> 00:33:35,840
Speaker 1: we have gone from twenty three point five trillion to

608
00:33:35,960 --> 00:33:39,600
Speaker 1: twenty six point two trillion and two point four times

609
00:33:40,520 --> 00:33:43,320
Speaker 1: what we were estimating the national debt to increase of share.

610
00:33:43,360 --> 00:33:45,360
Speaker 1: And by the way, that is both a Republican and

611
00:33:45,520 --> 00:33:49,120
Speaker 1: the Democrat member's fault. I realized we had to do

612
00:33:49,200 --> 00:33:51,920
Speaker 1: a stimulus. I'm not saying I was against it, but

613
00:33:52,000 --> 00:33:54,480
Speaker 1: at some point in time, the day of reckoning will

614
00:33:54,560 --> 00:33:57,080
Speaker 1: come when you continue to spend account of money we're

615
00:33:57,080 --> 00:34:00,160
Speaker 1: spending and buckle up because they're passing another stimulustic ring

616
00:34:00,160 --> 00:34:01,920
Speaker 1: to McConnell by the end of the month. So, I

617
00:34:02,000 --> 00:34:04,440
Speaker 1: mean it is I think, Nas, where you're at, what

618
00:34:04,560 --> 00:34:07,040
Speaker 1: you're talking about is really where I think that the

619
00:34:07,120 --> 00:34:10,839
Speaker 1: Republican Party is going to be talking about ahead of two.

620
00:34:10,920 --> 00:34:12,520
Speaker 1: But I I mean, yeah, there are a lot of

621
00:34:12,560 --> 00:34:15,160
Speaker 1: Republicans like you who are who are very concerned you

622
00:34:15,239 --> 00:34:17,000
Speaker 1: gotta run for governor. I gotta ask you every time

623
00:34:17,040 --> 00:34:18,640
Speaker 1: you're on I'm gonna ask you that question. You're running

624
00:34:18,680 --> 00:34:22,560
Speaker 1: for governor of Ohio. Everybody asked that question, you know,

625
00:34:22,760 --> 00:34:24,680
Speaker 1: I just continue to say, I'm going to continue to

626
00:34:24,760 --> 00:34:27,080
Speaker 1: do what I'm doing. I sit on a few boards.

627
00:34:27,120 --> 00:34:28,920
Speaker 1: I know what's going on in the business world and

628
00:34:28,960 --> 00:34:31,760
Speaker 1: the trenches, and uh, I'm gonna do what I feel

629
00:34:32,360 --> 00:34:34,880
Speaker 1: I can do to change things. I'm gonna have a

630
00:34:34,960 --> 00:34:41,480
Speaker 1: grandson tomorrow, right, and so you know he's gonna be

631
00:34:41,560 --> 00:34:44,240
Speaker 1: guaranteed born because Mike donald Law is going into hospital.

632
00:34:44,280 --> 00:34:49,640
Speaker 1: And I keep telling everybody we have lost vision. Leadership

633
00:34:49,680 --> 00:34:51,960
Speaker 1: across the board has lost their twenty vision when it

634
00:34:52,000 --> 00:34:54,600
Speaker 1: comes to debt and policies and racism, all these things

635
00:34:54,680 --> 00:34:57,440
Speaker 1: we just talked about. We better start having a vision

636
00:34:57,560 --> 00:35:00,640
Speaker 1: so that all those children being born this year, what's

637
00:35:00,680 --> 00:35:05,640
Speaker 1: our That's my new discussion point. You know, I gotta,

638
00:35:05,719 --> 00:35:07,440
Speaker 1: I gotta, I gotta tell you, Jim. I was going

639
00:35:07,480 --> 00:35:09,879
Speaker 1: to talk about how Janet Yellen says another DoD Frank

640
00:35:10,000 --> 00:35:11,680
Speaker 1: is necessary. That was going to be the thing on

641
00:35:11,760 --> 00:35:16,400
Speaker 1: my radar. But your grandson being born tomorrow, that's what

642
00:35:16,480 --> 00:35:17,919
Speaker 1: I have. That's how I want to end this show.

643
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Speaker 1: You know, my sister had a baby during all this.

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Speaker 1: I have so much respect for any parent out there

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Speaker 1: who is brought a child into this world during this time.

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Speaker 1: My my prayers for your family, Jim and and and

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Speaker 1: congratulations and I hope it's a safe, safe, safe delivery.

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Speaker 1: Thank you to Jim Ornac, Thank you to Jim Kessler.

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Speaker 1: Thank to you truly for listening, for giving me the

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Speaker 1: time and the opportunity. I'm Kevin CURRELLI, Chief Washington correspondent

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Speaker 1: for Bloomberg Television and from Woomberg Radio, and you're listening

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Speaker 1: to Bloomberg w