1 00:00:00,480 --> 00:00:03,200 Speaker 1: Why from our nation's cale, this budget thing is going 2 00:00:03,240 --> 00:00:06,080 Speaker 1: to do nothing spaceports. I still think it's interesting President 3 00:00:06,120 --> 00:00:09,799 Speaker 1: Trump not playing his cards yet. Headlines Policy and Politics 4 00:00:09,840 --> 00:00:15,120 Speaker 1: Colliding Floomberg Sound On, The Insiders, the influencers, the insides. 5 00:00:15,240 --> 00:00:17,479 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,520 --> 00:00:20,680 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,680 --> 00:00:23,480 Speaker 1: than it looked in. You really have a divide within 8 00:00:23,680 --> 00:00:26,239 Speaker 1: Team Trump. The President has to do exactly what people 9 00:00:26,239 --> 00:00:28,000 Speaker 1: sent him here to do, which is to get it done. 10 00:00:28,400 --> 00:00:32,960 Speaker 1: This is Bloomberg Sound On with Kevin Shirley on Bloomberg 11 00:00:34,159 --> 00:00:36,600 Speaker 1: and one oh five point seven fm h D two 12 00:00:37,800 --> 00:00:44,000 Speaker 1: Impeachment Hearing, Eve, Folks, We've got the complete, complete preview 13 00:00:44,080 --> 00:00:46,640 Speaker 1: for what you need to be watching. Plus, President Trump 14 00:00:46,680 --> 00:00:51,040 Speaker 1: warns Wall Street that his defeat would endanger market gains. 15 00:00:51,040 --> 00:00:54,200 Speaker 1: He was at the Economic Club of New York, and 16 00:00:54,280 --> 00:00:57,040 Speaker 1: I will bring you the latest, the complete latest on 17 00:00:57,080 --> 00:01:01,279 Speaker 1: what President Trump had to say, Mark get reaction and 18 00:01:01,360 --> 00:01:04,800 Speaker 1: the policy dive. Meanwhile, President Trump also prepping for a 19 00:01:04,840 --> 00:01:07,080 Speaker 1: meeting here in Washington, not just impeachment on his mind. 20 00:01:07,400 --> 00:01:11,080 Speaker 1: President Air tooan of Turkey, what will go on with that? 21 00:01:11,200 --> 00:01:16,000 Speaker 1: And DACA, Supreme Court DOCTA. We've got it all covered. 22 00:01:16,080 --> 00:01:18,880 Speaker 1: So much to get through today on a cold, windy, 23 00:01:18,959 --> 00:01:22,560 Speaker 1: windy day here in the nation's capital. My guests with 24 00:01:22,640 --> 00:01:27,160 Speaker 1: me for the hour, Roger Fisk, Democratic strategist, longtime President 25 00:01:27,240 --> 00:01:30,560 Speaker 1: Obama aid and principle of New Day Strategy, his reaction 26 00:01:30,600 --> 00:01:34,080 Speaker 1: to beat Buddha gedge surging in Iowa. Matt Gorman, vice 27 00:01:34,120 --> 00:01:38,880 Speaker 1: president at targeted victory, former NRCC communications director, and Ben 28 00:01:38,959 --> 00:01:44,600 Speaker 1: Chang returns, former White House National Security Council Director of Communications. 29 00:01:44,640 --> 00:01:48,160 Speaker 1: Before we get to a jam packed day of news, 30 00:01:48,960 --> 00:01:52,760 Speaker 1: President Trump speaking at the Economic Club of New York, 31 00:01:53,080 --> 00:01:55,280 Speaker 1: which is a really big deal. I think sometimes here 32 00:01:55,320 --> 00:01:58,760 Speaker 1: in the belt Way we forget about the society of 33 00:01:58,800 --> 00:02:01,080 Speaker 1: New York City. And he has a history, as I 34 00:02:01,120 --> 00:02:03,160 Speaker 1: was telling my my good friend and mentor here, Tom 35 00:02:03,240 --> 00:02:07,160 Speaker 1: Keane earlier, he has a history with the Economic Club 36 00:02:07,160 --> 00:02:09,600 Speaker 1: of New York, having spoke there even when he was 37 00:02:09,639 --> 00:02:13,640 Speaker 1: toying with the idea of running for president. And this 38 00:02:13,720 --> 00:02:19,480 Speaker 1: is a very elite, status oriented organization which is very measured, 39 00:02:19,480 --> 00:02:21,120 Speaker 1: and I got to be candid, they were all worried. 40 00:02:21,560 --> 00:02:23,400 Speaker 1: They were worried that he was going to arrive and 41 00:02:23,440 --> 00:02:29,079 Speaker 1: go off prompter and deliver a rambunctious rhetorical approach. Turns 42 00:02:29,080 --> 00:02:32,080 Speaker 1: out everybody was worried over nothing. He stuck to the prompter, 43 00:02:32,560 --> 00:02:35,600 Speaker 1: and he warned Wall Street that his defeat would endanger 44 00:02:35,720 --> 00:02:38,600 Speaker 1: market gains. Reading now from my colleagues reporting on the 45 00:02:38,600 --> 00:02:42,200 Speaker 1: Bloomberg terminal, President Donald Trump delivered a stump speech aimed 46 00:02:42,240 --> 00:02:45,639 Speaker 1: at Wall Street, touting his economic record to an audience 47 00:02:45,720 --> 00:02:50,320 Speaker 1: of executives and economists while warning that a Democratic victory 48 00:02:50,440 --> 00:02:55,160 Speaker 1: in would endanger stock market gains. And then he spoke 49 00:02:55,560 --> 00:02:58,040 Speaker 1: about the US China trade deal. But I was struck 50 00:02:58,040 --> 00:03:00,360 Speaker 1: he he delivered. You know, Trump feeds off the crowd, right, 51 00:03:00,400 --> 00:03:04,000 Speaker 1: So if he was in you know, Mississippi with screaming folks, 52 00:03:04,000 --> 00:03:05,600 Speaker 1: he's gonna go off prompter. But when it's a bunch 53 00:03:05,680 --> 00:03:08,600 Speaker 1: of you know, kind of Wall Street types Economic Club 54 00:03:08,680 --> 00:03:10,400 Speaker 1: of New York, I guess it's not really that surprised 55 00:03:10,400 --> 00:03:12,320 Speaker 1: that he really didn't feel the need to go off script. 56 00:03:12,680 --> 00:03:14,560 Speaker 1: But look, I mean, in a in a perfect world, 57 00:03:14,560 --> 00:03:17,200 Speaker 1: Trump beginning speakers all the time, right, economy is doing 58 00:03:17,200 --> 00:03:20,600 Speaker 1: pretty well, instead of you know, kind of going and 59 00:03:21,280 --> 00:03:23,280 Speaker 1: going on the stump and doing all these different things 60 00:03:23,919 --> 00:03:26,320 Speaker 1: he'd keep focus on. Economic message should be a lot better, 61 00:03:26,720 --> 00:03:29,160 Speaker 1: um shape right now, especially in the pulse. Let's take 62 00:03:29,160 --> 00:03:30,720 Speaker 1: a listen to what President Trump had to say anything 63 00:03:30,720 --> 00:03:33,919 Speaker 1: economic club earlier today. Here is and I won't use 64 00:03:33,960 --> 00:03:36,360 Speaker 1: this word cheated. I will not say the word cheated. 65 00:03:36,680 --> 00:03:38,800 Speaker 1: But nobody's cheated better than China, but I will not 66 00:03:38,920 --> 00:03:41,440 Speaker 1: say that. So in terms of that, I mean, that's 67 00:03:41,440 --> 00:03:43,040 Speaker 1: a very measured approach. And then he had this to 68 00:03:43,080 --> 00:03:45,200 Speaker 1: say about U. S m c A and Democrats, Roger. 69 00:03:45,280 --> 00:03:47,200 Speaker 1: So the next question to you, when we U s 70 00:03:47,280 --> 00:03:49,600 Speaker 1: m c A gets on, here's the president on us A. 71 00:03:49,880 --> 00:03:55,480 Speaker 1: Democrats in Washington would rather pursue outrageous hoaxes and delusional 72 00:03:55,520 --> 00:03:59,040 Speaker 1: witch hunts, which are going absolutely nowhere. Don't worry about it. 73 00:04:01,040 --> 00:04:04,560 Speaker 1: First off, thanks for having me, Um. It's very interesting 74 00:04:04,600 --> 00:04:09,000 Speaker 1: if you just look at his actions in a strategic context. 75 00:04:09,400 --> 00:04:12,320 Speaker 1: He really can't go more than forty eight hours without 76 00:04:12,360 --> 00:04:16,400 Speaker 1: taking a gratuitous wipe at some Democratic leader in the capital, 77 00:04:16,839 --> 00:04:20,480 Speaker 1: be that and Elijah Cummings that recently departed, Elijah Cummings 78 00:04:20,880 --> 00:04:24,440 Speaker 1: the Speaker, the Senate Majority leader, etcetera. So I would 79 00:04:24,480 --> 00:04:27,320 Speaker 1: hate to be working in White House legislative affairs right now, 80 00:04:27,360 --> 00:04:29,760 Speaker 1: because they're probably going up and they're doing these meetings 81 00:04:29,839 --> 00:04:31,719 Speaker 1: and they're talking about what it means for the districts 82 00:04:31,720 --> 00:04:34,960 Speaker 1: and everything else, and then you just have this kind 83 00:04:35,000 --> 00:04:39,080 Speaker 1: of ordinance that's flying in and and hitting people that 84 00:04:39,720 --> 00:04:42,520 Speaker 1: ruin those conversations. So I don't know that to what 85 00:04:42,600 --> 00:04:46,160 Speaker 1: extent he can separate himself. And it sounds like he 86 00:04:46,200 --> 00:04:48,520 Speaker 1: exercised a little bit of self restraint today, which I 87 00:04:48,520 --> 00:04:50,360 Speaker 1: think we could roughly count on one hand the time 88 00:04:50,400 --> 00:04:55,159 Speaker 1: that he's done that. Um, the capacity to to exercise 89 00:04:55,200 --> 00:04:59,000 Speaker 1: that self restraint and and check some of his personality 90 00:04:59,120 --> 00:05:03,279 Speaker 1: impulses and pursue something resembling a sustained strategy. You know, 91 00:05:03,320 --> 00:05:05,200 Speaker 1: these are his people, right, These are the people, as 92 00:05:05,200 --> 00:05:07,479 Speaker 1: you said, he got he was there before you're ever president. 93 00:05:07,480 --> 00:05:13,040 Speaker 1: These the people he's wanted to impress, he's trying to impress, 94 00:05:11,360 --> 00:05:15,400 Speaker 1: want to accept. But like but even before right when 95 00:05:15,400 --> 00:05:17,560 Speaker 1: he when he when he well before your president, he 96 00:05:17,640 --> 00:05:20,320 Speaker 1: was just the kind of uh, you know, a guy 97 00:05:20,320 --> 00:05:22,400 Speaker 1: in the an NBC or before that. These are the 98 00:05:22,400 --> 00:05:25,520 Speaker 1: people he wanted to be in with. These crowd, right, 99 00:05:25,720 --> 00:05:27,520 Speaker 1: I mean, you know it's interesting, Roger, I'm gonna politely 100 00:05:27,560 --> 00:05:30,400 Speaker 1: disagree on one thing that you said, which was regards 101 00:05:30,440 --> 00:05:34,240 Speaker 1: to he held back a little. He wasn't so rough 102 00:05:34,279 --> 00:05:36,760 Speaker 1: against Democrats. He was more rough against FED Chair J. Pale. 103 00:05:36,800 --> 00:05:38,520 Speaker 1: Take a listen to what he said against FED Chair J. 104 00:05:38,600 --> 00:05:41,440 Speaker 1: Pale in terms of the FED policy. Here is I'm 105 00:05:41,480 --> 00:05:45,640 Speaker 1: not president of the world, the president of our country, 106 00:05:45,839 --> 00:05:50,080 Speaker 1: but we are competing against these other countries nonetheless, and 107 00:05:50,120 --> 00:05:53,599 Speaker 1: the Federal Reserve doesn't let us play at that game. 108 00:05:54,560 --> 00:05:58,479 Speaker 1: It puts us at a competitive disadvantage to other countries. 109 00:05:58,600 --> 00:06:01,960 Speaker 1: I was so up by that. It's something that truthfully, 110 00:06:02,080 --> 00:06:04,800 Speaker 1: just in covering these issues for eight years now here 111 00:06:04,800 --> 00:06:09,080 Speaker 1: in Washington, d C. Just to see how aggressively the 112 00:06:10,080 --> 00:06:12,880 Speaker 1: president going after the central Bank and how he feels 113 00:06:12,880 --> 00:06:17,560 Speaker 1: that in this time where there's so much economic global volatility, 114 00:06:17,600 --> 00:06:21,159 Speaker 1: and how other countries are able to quickly utilize their 115 00:06:21,240 --> 00:06:24,360 Speaker 1: central bank and deploy their central bank. He has at 116 00:06:24,560 --> 00:06:27,800 Speaker 1: every turn, whether it's on Twitter, whether it's at the 117 00:06:27,800 --> 00:06:31,159 Speaker 1: Economic Club of New York, whether it's commenting to reporters 118 00:06:31,600 --> 00:06:34,680 Speaker 1: UH on Pebble Beach at the White House, really taken 119 00:06:34,720 --> 00:06:36,839 Speaker 1: it to the central Bank. And that just wasn't the 120 00:06:36,880 --> 00:06:38,520 Speaker 1: only part take a listen to what else he had 121 00:06:38,560 --> 00:06:40,839 Speaker 1: to say with regards to the FED and his view 122 00:06:41,080 --> 00:06:44,080 Speaker 1: holding back the US. And if we had a federal 123 00:06:44,160 --> 00:06:46,560 Speaker 1: Reserve that worked with us, you could have added another 124 00:06:47,680 --> 00:06:51,400 Speaker 1: each one of those numbers. I guarantee you that amazing. 125 00:06:51,520 --> 00:06:54,160 Speaker 1: It really is amazing. And and I was looking at 126 00:06:54,320 --> 00:06:56,120 Speaker 1: you know, when you look at some of the market reaction, 127 00:06:56,160 --> 00:07:00,440 Speaker 1: there wasn't too much, uh too much reaction. They it 128 00:07:00,480 --> 00:07:03,880 Speaker 1: wasn't devastating. That's what I'll say. Uh. But overall since 129 00:07:03,920 --> 00:07:10,440 Speaker 1: he's taken office, Roger, the SMP is up thirty six 130 00:07:11,000 --> 00:07:12,880 Speaker 1: I mean that's not that's no small number. And the 131 00:07:12,960 --> 00:07:17,400 Speaker 1: dal Jones industrial average has gained forty percent. So for 132 00:07:17,480 --> 00:07:20,360 Speaker 1: those independent voters who are looking at their four oh 133 00:07:20,400 --> 00:07:24,320 Speaker 1: one case, those are strong numbers. Yeah, I mean it 134 00:07:24,400 --> 00:07:27,200 Speaker 1: relates to the first question that you threw my way 135 00:07:27,480 --> 00:07:30,200 Speaker 1: in that And we've talked about this a little bit before. 136 00:07:30,280 --> 00:07:31,880 Speaker 1: His numbers tend to go up when he's not in 137 00:07:31,920 --> 00:07:34,200 Speaker 1: the news. So if he can just keep his mouth 138 00:07:34,200 --> 00:07:37,160 Speaker 1: shut for seventy two hours or or or at least 139 00:07:37,480 --> 00:07:40,600 Speaker 1: put a lid on the fire hose of vitriol and 140 00:07:41,000 --> 00:07:43,800 Speaker 1: conspiracy that he spreads all over the country every day 141 00:07:43,880 --> 00:07:50,240 Speaker 1: he benefits. But again, um, First off, uh, he expects obedience, right, 142 00:07:50,280 --> 00:07:52,600 Speaker 1: that's part of his impulse. So when he looks at 143 00:07:52,640 --> 00:07:57,080 Speaker 1: some at some sovereign, standalone um pillar of our government, 144 00:07:57,120 --> 00:07:59,560 Speaker 1: like the Federal Reserve, it's it's not part of his 145 00:07:59,720 --> 00:08:02,760 Speaker 1: cow key lists that that people don't immediately just bend 146 00:08:02,800 --> 00:08:05,640 Speaker 1: to his will. Um. And then the second part, which 147 00:08:05,720 --> 00:08:08,240 Speaker 1: also links to kind of his personality quirks, is he's 148 00:08:08,280 --> 00:08:11,920 Speaker 1: incapable of ever accepting any kind of blame or responsibility. 149 00:08:12,000 --> 00:08:15,280 Speaker 1: So of course it's perfectly natural for him to turn 150 00:08:15,480 --> 00:08:18,200 Speaker 1: to one side and say, we have the best economy 151 00:08:18,280 --> 00:08:21,920 Speaker 1: in the history of the world, and I'm being hindered 152 00:08:21,960 --> 00:08:24,880 Speaker 1: by all these forces that aren't cooperating. You know. It's 153 00:08:25,080 --> 00:08:27,880 Speaker 1: it's the victim and the champion complex that he is 154 00:08:27,920 --> 00:08:30,480 Speaker 1: able to portray himself as in literally every situation. Thought 155 00:08:30,480 --> 00:08:33,120 Speaker 1: of his interesting mc gorman Republican strategist, when he said 156 00:08:33,559 --> 00:08:38,360 Speaker 1: in this speech that the Democratic policy proposals and candidates 157 00:08:38,400 --> 00:08:42,640 Speaker 1: have quote unquote gone loco. I'm struck by this because 158 00:08:42,679 --> 00:08:44,720 Speaker 1: I think Democrats have to be careful that they're not 159 00:08:44,880 --> 00:08:47,800 Speaker 1: running in two thousand and twenty at the presidential level 160 00:08:47,880 --> 00:08:52,720 Speaker 1: or on the down ballot level, hoping that the economy wigans. 161 00:08:53,000 --> 00:08:55,840 Speaker 1: And it's a tough tough line to walk, and he 162 00:08:55,880 --> 00:08:59,640 Speaker 1: certainly can't be cheering that, right, It's a hard sell 163 00:08:59,720 --> 00:09:01,800 Speaker 1: to make anyway, Right. I worked for Mitt Romney in 164 00:09:01,840 --> 00:09:04,640 Speaker 1: twelve and his in his you know, in large part 165 00:09:04,640 --> 00:09:06,920 Speaker 1: of his strategy was based on telling people, you know, 166 00:09:07,040 --> 00:09:09,680 Speaker 1: how bad the economy wasn't it wasn't doing well. But 167 00:09:10,200 --> 00:09:12,640 Speaker 1: you know, that's a hard sell to make a lot 168 00:09:12,640 --> 00:09:15,280 Speaker 1: of times, especially not even with you know, when Wall Street, 169 00:09:15,600 --> 00:09:17,120 Speaker 1: as you were saying, he's doing pretty well. But I 170 00:09:17,120 --> 00:09:20,680 Speaker 1: mean the media income, it's raised by five thousand dollars 171 00:09:20,679 --> 00:09:23,280 Speaker 1: of the Trump presidency, you know, per per household. So look, 172 00:09:23,320 --> 00:09:25,600 Speaker 1: there's been there's been gains across the board on this. 173 00:09:25,679 --> 00:09:27,880 Speaker 1: And not only can you not be seen as cheerleading 174 00:09:27,960 --> 00:09:31,600 Speaker 1: against the economy, but um, you need to also find 175 00:09:31,640 --> 00:09:35,600 Speaker 1: a way to certainly maybe bait Trump um and talking 176 00:09:35,600 --> 00:09:37,560 Speaker 1: about other things. And it, as Roger was saying, it's 177 00:09:37,600 --> 00:09:39,880 Speaker 1: not always the hardest thing to do. All right, coming up, 178 00:09:39,880 --> 00:09:42,880 Speaker 1: we're gonna talk much more policy and politoic politics with 179 00:09:43,000 --> 00:09:46,000 Speaker 1: our panel. Say that three times past, Roger Fisk, Matt 180 00:09:46,040 --> 00:09:49,600 Speaker 1: Gorman and Ben Chang. Download the Bloomberg Sound On podcast 181 00:09:49,640 --> 00:09:52,760 Speaker 1: on Apple iTunes at Bloomberg dot com, where by downloading 182 00:09:52,760 --> 00:09:54,840 Speaker 1: the Bloomberg Business app, you can also find us on 183 00:09:54,960 --> 00:09:58,280 Speaker 1: Radio dot com, I Heart Radio and Spotify. And Kevin Cirelli, 184 00:09:58,320 --> 00:10:01,760 Speaker 1: I didn't fake my co of Time Magazine. Have you 185 00:10:01,800 --> 00:10:04,440 Speaker 1: seen this? It's been going around on Twitter, the NBC 186 00:10:04,559 --> 00:10:07,840 Speaker 1: news story. There's a deputy assistant secretary at the State Department, 187 00:10:08,280 --> 00:10:12,080 Speaker 1: no joke, who faked her Time magazine cover. Can't make 188 00:10:12,080 --> 00:10:20,160 Speaker 1: it up, Folks, you're listening to Bloomberg. This is Bloomberg 189 00:10:20,320 --> 00:10:24,839 Speaker 1: Sound On with Kevin Surrel on Bloomberg one and one 190 00:10:24,840 --> 00:10:28,320 Speaker 1: oh five point seven f M HD two. I'm Kevin Sireli, 191 00:10:28,440 --> 00:10:32,680 Speaker 1: Chief Washington correspondent from Bloomberg Television and Bloomberg Radio All 192 00:10:32,760 --> 00:10:36,760 Speaker 1: Star Panel. Here. Ben Chang, spokesman now for the University 193 00:10:36,800 --> 00:10:40,360 Speaker 1: of Princeton. He's the former White House National Security Council 194 00:10:40,600 --> 00:10:42,840 Speaker 1: Director of Communications. Last time you were on here, you 195 00:10:42,880 --> 00:10:46,840 Speaker 1: were telling me about a family of a Princeton alum 196 00:10:46,880 --> 00:10:50,920 Speaker 1: who was a journalist who was I believe imprisoned in 197 00:10:51,080 --> 00:10:54,240 Speaker 1: iran graduate student, graduate student in prison, over three years 198 00:10:54,240 --> 00:10:56,680 Speaker 1: in prison in iran tell any updated, is there anything 199 00:10:56,920 --> 00:10:58,280 Speaker 1: to tell? It will tell us the name of the 200 00:10:58,400 --> 00:11:00,120 Speaker 1: of the student and what the update is and and 201 00:11:00,160 --> 00:11:03,079 Speaker 1: how all his son is doing. Thank you for asking. 202 00:11:03,800 --> 00:11:08,000 Speaker 1: Wang graduate student at Princeton University, American citizen has been 203 00:11:08,000 --> 00:11:12,080 Speaker 1: imprisoned for over three years in Airble prison and UM 204 00:11:12,320 --> 00:11:17,079 Speaker 1: and we are uh still advocating and arguing and striving 205 00:11:17,120 --> 00:11:21,280 Speaker 1: for his release. His family, his small son, his young 206 00:11:21,320 --> 00:11:24,240 Speaker 1: son and wife are still in Princeton. Uh. They are 207 00:11:25,280 --> 00:11:28,400 Speaker 1: struggling without their father, without their husband, and we're doing 208 00:11:28,440 --> 00:11:30,600 Speaker 1: all we can, working with the administration, working with the 209 00:11:30,600 --> 00:11:33,840 Speaker 1: international community to secure his release. He's a young kid. 210 00:11:33,920 --> 00:11:37,000 Speaker 1: This this the son is young and his dad's a hero, 211 00:11:37,120 --> 00:11:39,320 Speaker 1: and we're all thinking about it and more has to 212 00:11:39,360 --> 00:11:41,120 Speaker 1: be done. And where can people go if they want 213 00:11:41,120 --> 00:11:43,680 Speaker 1: to find out more information about this student? Uh, they 214 00:11:43,679 --> 00:11:45,760 Speaker 1: can go to Princeton dot e d u uh and 215 00:11:45,800 --> 00:11:50,040 Speaker 1: we will have we always will have stories about his 216 00:11:50,160 --> 00:11:53,200 Speaker 1: research and uh the need to free him. Thank you 217 00:11:53,240 --> 00:11:55,480 Speaker 1: for asking, of course, of course. All right, so tomorrow 218 00:11:55,520 --> 00:11:59,600 Speaker 1: there's the impeachment impeachment hearings. Are you ready, folks? It's 219 00:11:59,640 --> 00:12:01,760 Speaker 1: gonna be everywhere if you want to tune it out, 220 00:12:01,800 --> 00:12:04,679 Speaker 1: you can't. It's everywhere and here with us to go 221 00:12:04,760 --> 00:12:07,200 Speaker 1: through it. In addition to the ben Chang Roger fist, 222 00:12:07,280 --> 00:12:10,760 Speaker 1: Democratic strategist Matt Gorman VP a target of victory. He's 223 00:12:10,800 --> 00:12:13,760 Speaker 1: a Republican conservative. What are you gonna be looking for, 224 00:12:13,800 --> 00:12:18,920 Speaker 1: Matt tomorrow when these public hearings begin underway on Capitol 225 00:12:18,960 --> 00:12:21,800 Speaker 1: Hill in the House Intelligence Committee. I can't even make 226 00:12:21,840 --> 00:12:24,240 Speaker 1: it more. I feel like, I know that was like 227 00:12:24,280 --> 00:12:27,720 Speaker 1: the guy who does the movie trailers. I always want 228 00:12:28,000 --> 00:12:31,040 Speaker 1: what you call the movie never Runding Groundhog because you 229 00:12:31,120 --> 00:12:33,000 Speaker 1: kind of look like the guy from Groundhog Day. Roger, 230 00:12:33,400 --> 00:12:41,400 Speaker 1: that too, Bill Murray. Anyway, this is a rating radio. 231 00:12:42,280 --> 00:12:44,040 Speaker 1: But no, it looked two things. Number One, I'm looking 232 00:12:44,040 --> 00:12:46,600 Speaker 1: at the narrative that the Dems are trying to push 233 00:12:46,679 --> 00:12:48,840 Speaker 1: right when they when they release those transcripts day by day, 234 00:12:48,840 --> 00:12:50,080 Speaker 1: I mean, they look they could have done it all 235 00:12:50,160 --> 00:12:52,520 Speaker 1: in fifteen minutes. They did two at a time, and 236 00:12:52,559 --> 00:12:55,040 Speaker 1: they were clustered, not according to chronological ard or anything 237 00:12:55,080 --> 00:12:56,640 Speaker 1: like that. It was a recording narrative, right, So what 238 00:12:56,720 --> 00:12:59,040 Speaker 1: is a narrative in the first first day they're gonna build? 239 00:12:59,480 --> 00:13:02,320 Speaker 1: Number two is how do the Republicans go about rebutting 240 00:13:02,360 --> 00:13:05,520 Speaker 1: this right, like with with Jim Jordan's committee, now they 241 00:13:05,559 --> 00:13:08,520 Speaker 1: swapped out uh someone else for him. He's more of 242 00:13:08,559 --> 00:13:11,840 Speaker 1: a firebrand bomb thrower. What's their tactic? And I was 243 00:13:11,880 --> 00:13:14,640 Speaker 1: reading today earlier. Lee Zelden, who I know pretty well 244 00:13:14,800 --> 00:13:17,240 Speaker 1: worked in the middle at the n RCC, was playing 245 00:13:17,280 --> 00:13:20,720 Speaker 1: Adam shift when they were prepping today, and like you know, 246 00:13:20,760 --> 00:13:24,720 Speaker 1: I'm curious how each side interprets kind of what the 247 00:13:24,800 --> 00:13:26,480 Speaker 1: chess moves are for the other side and how they 248 00:13:26,520 --> 00:13:28,439 Speaker 1: prep and as we go through the course of day 249 00:13:28,480 --> 00:13:32,360 Speaker 1: what that is. Like Roger, what's on your impeachment to 250 00:13:32,400 --> 00:13:36,840 Speaker 1: do list? Just to for the record, um, just to 251 00:13:36,840 --> 00:13:39,160 Speaker 1: make sure that I don't always bash the current occupant 252 00:13:39,160 --> 00:13:40,800 Speaker 1: of the White House, I will say that he is 253 00:13:40,840 --> 00:13:45,120 Speaker 1: an excellent judge of the power of good television. And 254 00:13:45,200 --> 00:13:48,120 Speaker 1: I think one of his concerns and navigating the Muller 255 00:13:48,200 --> 00:13:51,520 Speaker 1: investigation and one of his successes, was that the Mueller 256 00:13:51,640 --> 00:13:57,160 Speaker 1: investigation never became good television. So the question now is 257 00:13:57,160 --> 00:13:59,480 Speaker 1: is there gonna be Is it gonna be Vinman in 258 00:13:59,520 --> 00:14:01,400 Speaker 1: his mill and Harry Outfit? Is there going to be 259 00:14:01,480 --> 00:14:06,600 Speaker 1: someone that makes good television that rings his bell? Because 260 00:14:06,640 --> 00:14:09,440 Speaker 1: I think he knows when this becomes good television, it 261 00:14:09,480 --> 00:14:14,599 Speaker 1: becomes easily digestible and and and widely watched, that's not 262 00:14:14,640 --> 00:14:16,280 Speaker 1: going to go well for him. But I don't think 263 00:14:16,360 --> 00:14:18,280 Speaker 1: it's gonna be why. I mean, it's gonna be everywhere 264 00:14:18,280 --> 00:14:22,000 Speaker 1: in all encompassing wine consumed. Yeah, because I think to 265 00:14:22,120 --> 00:14:24,200 Speaker 1: your point, and that's it's an excellent point, is that 266 00:14:24,240 --> 00:14:27,760 Speaker 1: you brought up the Mueller investigation. I mean, the intensity 267 00:14:27,880 --> 00:14:30,720 Speaker 1: that surrounded the release of the Mueller Report and what 268 00:14:30,880 --> 00:14:32,800 Speaker 1: was going to come of the Mueller report. It's night 269 00:14:32,840 --> 00:14:35,680 Speaker 1: and day firsts the hearing that that and the show 270 00:14:35,720 --> 00:14:38,040 Speaker 1: that we're going to see tomorrow. And I'll say this, 271 00:14:38,480 --> 00:14:41,440 Speaker 1: the Fed chair that hearing tomorrow is going to do 272 00:14:41,520 --> 00:14:45,480 Speaker 1: more for market reaction and that testimony than than the impeachment, 273 00:14:45,800 --> 00:14:48,480 Speaker 1: than the appeachient. Wall Street hasn't even blinked. And I've 274 00:14:48,480 --> 00:14:50,000 Speaker 1: said it every day. I feel like a broken record. 275 00:14:50,000 --> 00:14:52,360 Speaker 1: They have not blinked on the appeachment news. There was 276 00:14:52,480 --> 00:14:56,360 Speaker 1: some movement for Mueller, but it was very, very small. 277 00:14:56,720 --> 00:14:58,720 Speaker 1: But in terms of what we're seeing with this, it's 278 00:14:58,800 --> 00:15:02,680 Speaker 1: it's it's it's an echo, not even and and tactically, 279 00:15:03,160 --> 00:15:06,600 Speaker 1: I'll say that it's the reverse of what the administration 280 00:15:06,600 --> 00:15:08,640 Speaker 1: had to do with the mail report. There they had 281 00:15:08,640 --> 00:15:11,880 Speaker 1: to take a complicated narrative and simplify it, and here 282 00:15:11,920 --> 00:15:14,280 Speaker 1: they have to take a simple narrative and complicate it. 283 00:15:14,360 --> 00:15:17,040 Speaker 1: So what you are going to see from them, and 284 00:15:17,040 --> 00:15:20,280 Speaker 1: you can see it from their wish list of witnesses 285 00:15:20,280 --> 00:15:23,160 Speaker 1: and things like that, is they desperately want to cloud 286 00:15:23,240 --> 00:15:26,760 Speaker 1: this and they want to make it much less um 287 00:15:27,280 --> 00:15:31,640 Speaker 1: or much less digestible in terms of just the aid, 288 00:15:32,560 --> 00:15:35,800 Speaker 1: the interactions between Pence and Trump and the and the 289 00:15:35,920 --> 00:15:39,560 Speaker 1: Ukrainian officials, et cetera, the patterns of the communications and texts. 290 00:15:39,560 --> 00:15:42,040 Speaker 1: It's a relatively straightforward story to tell, whether or not 291 00:15:42,080 --> 00:15:44,960 Speaker 1: you believe it, But the narrative is easy. I still 292 00:15:45,000 --> 00:15:46,960 Speaker 1: don't understand why they didn't have and then we're going 293 00:15:47,000 --> 00:15:48,720 Speaker 1: to get another transcript by the end of the week 294 00:15:48,720 --> 00:15:51,080 Speaker 1: between Trump and Zelinsky. But I still don't understand why 295 00:15:51,080 --> 00:15:53,960 Speaker 1: Speaker Pelosi just didn't have an impeachment vote right when 296 00:15:53,960 --> 00:15:56,920 Speaker 1: that transcript that the abridged transfer, whatever you wanna call it, 297 00:15:56,960 --> 00:15:59,280 Speaker 1: came out, Because I don't think any votes. I think 298 00:15:59,320 --> 00:16:00,960 Speaker 1: if you if they're is a way to see who 299 00:16:01,000 --> 00:16:04,360 Speaker 1: would have voted for impeachment after that transcript was released, 300 00:16:04,480 --> 00:16:07,720 Speaker 1: and when ultimately they do vote on transcript, I don't 301 00:16:07,760 --> 00:16:10,520 Speaker 1: think there's going to be any difference. And who would 302 00:16:10,520 --> 00:16:12,520 Speaker 1: have changed their mind after we go through all of this, 303 00:16:12,560 --> 00:16:15,520 Speaker 1: possibly in public opinion though, which I think you've seen 304 00:16:15,600 --> 00:16:17,880 Speaker 1: move Ben and and I want to bring Ben into 305 00:16:17,920 --> 00:16:20,880 Speaker 1: this because Ben, you worked with Bill Taylor, who was 306 00:16:21,000 --> 00:16:25,480 Speaker 1: testifying tomorrow. Thanks Ken tell us about Bill and sure well, 307 00:16:25,640 --> 00:16:27,640 Speaker 1: like I was looking for before I went to the 308 00:16:27,720 --> 00:16:30,760 Speaker 1: University of Princeton Princeton University, I was a career Foreign 309 00:16:30,800 --> 00:16:33,280 Speaker 1: service officer, so I had a chance to cross paths 310 00:16:33,440 --> 00:16:36,440 Speaker 1: many times with Ambassador Taylor uh In, particularly when he 311 00:16:36,440 --> 00:16:38,600 Speaker 1: was at the US Institute of Peace. We have to 312 00:16:38,640 --> 00:16:41,560 Speaker 1: remember that he was a career ambassador to Ukraine under 313 00:16:41,720 --> 00:16:44,680 Speaker 1: President Bush. Is a West Point graduate, He's got an 314 00:16:44,680 --> 00:16:47,920 Speaker 1: extensive he's a lifelong career of public service, as does 315 00:16:47,960 --> 00:16:51,360 Speaker 1: George kent Um. These are two relatable people and to 316 00:16:51,400 --> 00:16:53,240 Speaker 1: the point about what kind of stories will come out 317 00:16:53,240 --> 00:16:56,560 Speaker 1: of this in the sense that they they have been 318 00:16:56,720 --> 00:16:58,000 Speaker 1: let me putting this way, they have rolled up their 319 00:16:58,040 --> 00:17:02,480 Speaker 1: sleeves and have had these public uh service careers. Um 320 00:17:02,720 --> 00:17:06,080 Speaker 1: they didn't come from Wall Street or a big fortune 321 00:17:06,119 --> 00:17:08,760 Speaker 1: one hundred company and then moonlighted as a diplomat. They've 322 00:17:08,800 --> 00:17:11,200 Speaker 1: done this for a long long time. UM. They're used 323 00:17:11,240 --> 00:17:14,520 Speaker 1: to telling their story UM about what they do day 324 00:17:14,520 --> 00:17:16,240 Speaker 1: to day. And the reason I use the relatable is 325 00:17:16,240 --> 00:17:19,560 Speaker 1: actually this that to to your point about taking something 326 00:17:19,960 --> 00:17:23,280 Speaker 1: simple and making a complicated UM. People can relate to 327 00:17:23,359 --> 00:17:26,119 Speaker 1: the idea of phone calls and text messages and and 328 00:17:26,200 --> 00:17:28,280 Speaker 1: the way that this was transacted. So I will say 329 00:17:28,320 --> 00:17:31,159 Speaker 1: to see George and Bill um in front of the 330 00:17:31,160 --> 00:17:34,960 Speaker 1: cameras and microphones might make that splash in terms of 331 00:17:35,000 --> 00:17:37,920 Speaker 1: public opinion because we're talking about things that people UM 332 00:17:38,000 --> 00:17:40,880 Speaker 1: actually transact with and can understand what influence is trying 333 00:17:40,920 --> 00:17:46,159 Speaker 1: to be uh brought to bear on UM foreign partner 334 00:17:46,240 --> 00:17:50,920 Speaker 1: through to you then, because because what my Republican sources 335 00:17:51,480 --> 00:17:54,680 Speaker 1: they're there, I don't know. There was hate using the 336 00:17:54,720 --> 00:17:56,840 Speaker 1: word narrative and one of my I used to work 337 00:17:56,880 --> 00:17:59,240 Speaker 1: in Politico my first time Washington, and one of my 338 00:17:59,359 --> 00:18:02,000 Speaker 1: editors there said, quit using the more narrative. It's so 339 00:18:02,200 --> 00:18:04,399 Speaker 1: and I couldn't agree more. And I always still say, 340 00:18:04,480 --> 00:18:08,280 Speaker 1: but one of their response they're they're pushback. I don't know, uh, 341 00:18:08,440 --> 00:18:13,520 Speaker 1: is that it is not unusual for the occupant of 342 00:18:14,040 --> 00:18:20,399 Speaker 1: the White House two put out there that you can't 343 00:18:20,800 --> 00:18:23,679 Speaker 1: that's it's a withhold a because of corruption. And the 344 00:18:23,760 --> 00:18:27,680 Speaker 1: mistake the President Trump made was by insinuating Biden and 345 00:18:28,160 --> 00:18:30,800 Speaker 1: saying Biden. But but if you look back in the 346 00:18:30,840 --> 00:18:33,560 Speaker 1: past administrations, they have said we're not going to give 347 00:18:33,600 --> 00:18:36,080 Speaker 1: you this money if unless you clean up corruption. And 348 00:18:36,160 --> 00:18:38,560 Speaker 1: that's I think that the narrative, for lack of a 349 00:18:38,600 --> 00:18:40,760 Speaker 1: better word, that Republicans are going to spend some Moorrow. 350 00:18:40,840 --> 00:18:42,760 Speaker 1: I don't know that the transcripts we've seen so far, 351 00:18:44,000 --> 00:18:47,520 Speaker 1: the testimony records, and what Kent and Taylor will say 352 00:18:47,520 --> 00:18:51,119 Speaker 1: tomorrow will bear that out. There was a direct reference 353 00:18:51,200 --> 00:18:56,840 Speaker 1: to doing investigations on American citizens as the exchange here. 354 00:18:57,320 --> 00:18:58,720 Speaker 1: Also don't like to speak in Latin a lot, and 355 00:18:58,840 --> 00:19:00,879 Speaker 1: I took it when I was engineer and forgot it 356 00:19:00,920 --> 00:19:03,640 Speaker 1: since then. So there's a direct exchange. There was pressure 357 00:19:03,680 --> 00:19:06,440 Speaker 1: applied here, right, that's what we're talking about, and that's 358 00:19:06,480 --> 00:19:08,520 Speaker 1: different from what you as you said, and I've I've 359 00:19:08,520 --> 00:19:11,480 Speaker 1: seen since I've served in the Clipon administration through Bush 360 00:19:11,520 --> 00:19:15,560 Speaker 1: to Obama that there are criteria for aid packages and 361 00:19:15,600 --> 00:19:18,480 Speaker 1: so on. Um, there are standards that we keep. Now 362 00:19:18,480 --> 00:19:20,320 Speaker 1: this aid had been approved, That's the other thing we 363 00:19:20,359 --> 00:19:22,800 Speaker 1: need to remember here, and so what exactly was being 364 00:19:23,280 --> 00:19:25,920 Speaker 1: held up here? Um when the aid was going to 365 00:19:25,960 --> 00:19:28,000 Speaker 1: be used to address a lot of the fundamental issues 366 00:19:28,280 --> 00:19:32,840 Speaker 1: that the Ivanovitch because she's Friday, I did not, but 367 00:19:32,840 --> 00:19:36,160 Speaker 1: but but many friends, colleagues and former colleagues that think 368 00:19:36,359 --> 00:19:39,000 Speaker 1: the highest of her UH and her service and agin 369 00:19:39,040 --> 00:19:41,919 Speaker 1: I would say, these are all diplomats and public servants 370 00:19:41,920 --> 00:19:44,760 Speaker 1: who have a lengthy career that is UH served through 371 00:19:44,840 --> 00:19:47,480 Speaker 1: different administrations and different parties. Well, it's going to be 372 00:19:47,520 --> 00:19:51,320 Speaker 1: a circus, that's for sure. Coming up DOCTA the latest 373 00:19:51,480 --> 00:19:54,640 Speaker 1: on the Supreme Court. Ben's here, Rogers here, Matt's here. 374 00:19:54,720 --> 00:19:57,439 Speaker 1: Download the Bloomberg Sound on podcast on Apple iTunes, at 375 00:19:57,440 --> 00:20:00,280 Speaker 1: Bloomberg dot com, or by downloading the Bloomberg Busines sapp. 376 00:20:00,320 --> 00:20:02,359 Speaker 1: You can also find us on Radio dot com, I 377 00:20:02,440 --> 00:20:04,639 Speaker 1: Heart Radio, and Spotify. I'm Kevin Cirelli. I will be 378 00:20:04,680 --> 00:20:07,360 Speaker 1: up on Capitol Hill tomorrow all throughout the day keeping 379 00:20:07,400 --> 00:20:10,520 Speaker 1: an eye on Fedchair Powell and of course the impeachment 380 00:20:10,600 --> 00:20:16,680 Speaker 1: Hearing's Tune into Bloomberg Television you're listening to Bloomberg. You're 381 00:20:16,720 --> 00:20:20,600 Speaker 1: listening to Bloomberg. Sound On with Kevin Sirele on Bloomberg 382 00:20:21,400 --> 00:20:23,480 Speaker 1: one and one oh five point seven f M h 383 00:20:23,640 --> 00:20:26,280 Speaker 1: D two. All right, welcome back. I'm Kevin Cirelli, chief 384 00:20:26,280 --> 00:20:30,160 Speaker 1: Fashion and correspondent for BTV in Bloomberg Radio. Roger Fiske 385 00:20:30,240 --> 00:20:33,119 Speaker 1: is here. Democratic strategist mc gorman's here complaining that I 386 00:20:33,119 --> 00:20:35,080 Speaker 1: didn't give him enough airtime in the last I would 387 00:20:35,119 --> 00:20:40,240 Speaker 1: never do that. That was calf and Ben Chang's here 388 00:20:40,400 --> 00:20:42,879 Speaker 1: complaining that I said the University of Princeton and not 389 00:20:42,960 --> 00:20:45,880 Speaker 1: Princeton University, of which you are a spokesman. They're two 390 00:20:45,880 --> 00:20:47,800 Speaker 1: different schools. Are they two different schools? They are not 391 00:20:50,359 --> 00:20:54,280 Speaker 1: Stranger State, not Pen the University of Penn the other one. 392 00:20:54,359 --> 00:20:56,520 Speaker 1: I went to Penn State. Um, I went to the 393 00:20:56,560 --> 00:21:01,639 Speaker 1: University of Harvard. Did you really doesn't exist? Did it are? Okay? 394 00:21:01,920 --> 00:21:07,200 Speaker 1: Where'd you go? Suffolk University, Suffix, Grape Poles, Stone Hill College. 395 00:21:07,040 --> 00:21:10,919 Speaker 1: Right right, I'll just something there in Houston with an 396 00:21:10,920 --> 00:21:14,240 Speaker 1: eye on the clock. Ben Chang DOCCA. Today's Supreme Court 397 00:21:14,480 --> 00:21:18,719 Speaker 1: justices seemed inclined to let Trump canceled DACA, reading from 398 00:21:18,720 --> 00:21:22,080 Speaker 1: my colleagues on the Bloomberg terminal. US Supreme Court justices 399 00:21:22,400 --> 00:21:25,720 Speaker 1: seemed inclined to let President Trump cancel an Obama era 400 00:21:25,840 --> 00:21:30,960 Speaker 1: program that shields almost seven thou young undocumented immigrants from 401 00:21:31,000 --> 00:21:35,720 Speaker 1: deportation in a case with broad political and humanitarian ramifications. 402 00:21:36,080 --> 00:21:38,040 Speaker 1: I would agree with that last part. There are broad 403 00:21:38,200 --> 00:21:41,960 Speaker 1: ramifications to this basket of cases that the Supreme Court 404 00:21:41,960 --> 00:21:45,560 Speaker 1: took up this morning, Among them the case that Princeton University, 405 00:21:45,560 --> 00:21:50,040 Speaker 1: Microsoft and Maria Perella Sanchez, a dreamer an alumna of Princeton, 406 00:21:50,080 --> 00:21:53,879 Speaker 1: brought arguing that the recision the termination of doctor was 407 00:21:53,960 --> 00:21:57,320 Speaker 1: unlawful by the administration. I'd also add that it's early days. 408 00:21:57,400 --> 00:22:01,920 Speaker 1: This hearing was the first public set of arguments. We 409 00:22:01,960 --> 00:22:06,120 Speaker 1: expect a decision next year, say June. UH. There will 410 00:22:06,160 --> 00:22:09,120 Speaker 1: be a lot of work done in the chambers obviously 411 00:22:09,200 --> 00:22:13,440 Speaker 1: until between now and then. Um Either way, I would 412 00:22:13,440 --> 00:22:17,840 Speaker 1: say that from our vantage point, Princeton, Microsoft and Maria Uh, 413 00:22:17,920 --> 00:22:20,639 Speaker 1: we need to find a permanent path to citizenship. We 414 00:22:20,680 --> 00:22:23,879 Speaker 1: need to find a legislative solution for dreamers, and that 415 00:22:23,920 --> 00:22:26,080 Speaker 1: needs to come from call. It's just so crazy to me, 416 00:22:26,080 --> 00:22:28,560 Speaker 1: Matt that again, it's been like how many years have 417 00:22:28,600 --> 00:22:30,480 Speaker 1: we been talking about this issue. I mean and and 418 00:22:30,480 --> 00:22:34,480 Speaker 1: and Republicans have tried to tried to carve out some 419 00:22:34,560 --> 00:22:36,920 Speaker 1: type of of approach where they could work with Democrats, 420 00:22:36,920 --> 00:22:39,600 Speaker 1: but given the polarization of the moment, I don't see 421 00:22:39,640 --> 00:22:42,440 Speaker 1: it ending. I think one of the big missed opportunities 422 00:22:42,440 --> 00:22:44,920 Speaker 1: for both parties and Trump presidency was the border wall 423 00:22:45,000 --> 00:22:48,639 Speaker 1: for DACA enshrinement. Um. Obviously they couldn't get together on 424 00:22:48,680 --> 00:22:50,479 Speaker 1: the funding, they couldn't get together what kind of what 425 00:22:50,520 --> 00:22:53,600 Speaker 1: they meant for you know, what the exact things were 426 00:22:53,640 --> 00:22:55,840 Speaker 1: for DOCCA. But I think for both sides that is 427 00:22:55,880 --> 00:23:00,719 Speaker 1: a huge missed opportunity. Um. And look, I mean again, 428 00:23:00,760 --> 00:23:03,640 Speaker 1: it's I always a very leary to read into how 429 00:23:03,760 --> 00:23:06,160 Speaker 1: justice has acted during the arguments, because if we had 430 00:23:06,240 --> 00:23:09,600 Speaker 1: then Obamacare would be put um because everybody was talking 431 00:23:09,600 --> 00:23:11,760 Speaker 1: about that and how terrible of a job done really 432 00:23:11,760 --> 00:23:15,280 Speaker 1: this Solicitor general did back in the day. Um. However, 433 00:23:15,400 --> 00:23:19,080 Speaker 1: if this were to go away, Um, this adds a 434 00:23:19,119 --> 00:23:21,400 Speaker 1: cudgel to Democrats in it, I don't know, might help 435 00:23:21,440 --> 00:23:24,000 Speaker 1: by Republicans will say, put and cudgel two great words 436 00:23:24,000 --> 00:23:25,639 Speaker 1: you use there. I just want to say, coming up, 437 00:23:25,680 --> 00:23:30,680 Speaker 1: what's on the panel's radar. Ah, what's on everybody's right? 438 00:23:30,840 --> 00:23:34,160 Speaker 1: Are rogers giving me the evil? I Mac Warman Ben Chang. 439 00:23:34,160 --> 00:23:36,800 Speaker 1: Download the Bloomberg sald On podcast on Apple iTunes, at 440 00:23:36,800 --> 00:23:40,000 Speaker 1: Bloomberg dot com, or by downloading the Bloomberg Business app. 441 00:23:40,040 --> 00:23:41,960 Speaker 1: You can also find us on Radio dot Com, I 442 00:23:42,040 --> 00:23:44,760 Speaker 1: Heart Radio and Spotify. Who's going to Don Junior's book 443 00:23:44,800 --> 00:23:47,120 Speaker 1: party to night at the Trump Hotel. I'm Kevin Serelli, 444 00:23:47,400 --> 00:23:51,160 Speaker 1: Chief Washington correspondent for Bloomberg Television and Bloomberg Radio. You're 445 00:23:51,160 --> 00:24:00,840 Speaker 1: listening to Bloomberg n This is Bloomberg's owned On with 446 00:24:00,920 --> 00:24:05,040 Speaker 1: Kevin Surreley on Bloomberg one and one oh five point 447 00:24:05,119 --> 00:24:08,560 Speaker 1: seven FM HD two. Did you download Disney Plus? Disney 448 00:24:08,600 --> 00:24:12,080 Speaker 1: Plus arrived today, all the Disney shows. I texted my 449 00:24:12,080 --> 00:24:15,359 Speaker 1: my oldest sister, not my old sister, my oldest sister, 450 00:24:15,440 --> 00:24:18,879 Speaker 1: my eldest sister, Mara uh. And for my godson, because 451 00:24:19,280 --> 00:24:21,520 Speaker 1: Pet is a big fan of a host of those 452 00:24:22,119 --> 00:24:27,080 Speaker 1: different different Disney shows. I'm Kevin Surly, Chief Washington correspondent 453 00:24:27,280 --> 00:24:31,200 Speaker 1: of Bloomberg Television Radio, the godfather of this Surreally household 454 00:24:31,480 --> 00:24:35,760 Speaker 1: back in Delco. Roger Fisku is here, Democratic strategist Matt Gorman, 455 00:24:36,080 --> 00:24:39,000 Speaker 1: back Gorman, will you download Disney Plus? I tried this morning. 456 00:24:39,000 --> 00:24:41,160 Speaker 1: They don't have an Apple TV. You would have tried, 457 00:24:42,880 --> 00:24:46,200 Speaker 1: and I know, and so I tried. I was ready 458 00:24:46,200 --> 00:24:47,960 Speaker 1: to pay Disney. What are you doing to me? I'm 459 00:24:47,960 --> 00:24:50,120 Speaker 1: I'm a willing customer and you won't have it ready 460 00:24:50,160 --> 00:24:53,119 Speaker 1: for a nuts world was trending nationally, Star Wars at 461 00:24:53,119 --> 00:24:55,640 Speaker 1: the Simpsons on their Wow. I didn't know that all 462 00:24:55,720 --> 00:24:58,520 Speaker 1: of the marvel right is up Christmas, Carol's coming up 463 00:24:59,320 --> 00:25:02,159 Speaker 1: Christmas time. It's Christmas time. Ben Shanks here, he's the 464 00:25:02,160 --> 00:25:09,000 Speaker 1: former White House National Security I know somebody who can 465 00:25:09,040 --> 00:25:10,640 Speaker 1: I tell you something I believed and what he said 466 00:25:10,680 --> 00:25:13,560 Speaker 1: that because you believe what the National Security Council tells you, folks. 467 00:25:13,560 --> 00:25:15,800 Speaker 1: And that's where he was, of course, the former constractor 468 00:25:15,800 --> 00:25:19,679 Speaker 1: now he's a spokesman at Princeton and Sean Spicer just 469 00:25:19,760 --> 00:25:22,639 Speaker 1: to acknowledge it and passing was booted off of Dancing 470 00:25:22,640 --> 00:25:26,359 Speaker 1: with the Stars and back home. My mother is a 471 00:25:26,400 --> 00:25:30,600 Speaker 1: devoutlet of watcher viewer of Dancing with the Stars. Roger, 472 00:25:30,680 --> 00:25:31,919 Speaker 1: you were telling me in the break that you were 473 00:25:31,960 --> 00:25:35,159 Speaker 1: voting every week for Sean Spicer. Yeah, it was a 474 00:25:35,280 --> 00:25:38,879 Speaker 1: little project I did. I tried to mobilize thousands of 475 00:25:38,880 --> 00:25:42,840 Speaker 1: people through social media because I just want I give 476 00:25:42,920 --> 00:25:45,840 Speaker 1: him credit. I honestly I give him credit because I 477 00:25:45,880 --> 00:25:47,800 Speaker 1: would not have the guts to go on Dancing with 478 00:25:47,840 --> 00:25:50,200 Speaker 1: the Stars. I have, I don't. I just I get 479 00:25:50,200 --> 00:25:52,399 Speaker 1: I give him credit. So and Sean, I hope he 480 00:25:52,440 --> 00:25:54,160 Speaker 1: comes on and talks about it, and when he when 481 00:25:54,160 --> 00:25:56,120 Speaker 1: he gets when he comes up for air from from 482 00:25:56,119 --> 00:25:58,159 Speaker 1: all of that all in Hannah Brown, Now, I know 483 00:25:58,200 --> 00:26:00,600 Speaker 1: you're a reality guy. Now you don't watch Bachelor, Hannah Brown, 484 00:26:00,640 --> 00:26:05,600 Speaker 1: Now that spiders out a huge reality television. I don't. 485 00:26:05,680 --> 00:26:10,520 Speaker 1: That's like the one show that all that's the one. Yeah. No, 486 00:26:10,600 --> 00:26:13,760 Speaker 1: but I'm a huge so pure no, no, no, I 487 00:26:15,960 --> 00:26:18,879 Speaker 1: I watch. I watch like Jersey Shore. This week they 488 00:26:18,880 --> 00:26:22,199 Speaker 1: came to Washington, d C. To try to get uh 489 00:26:22,320 --> 00:26:24,919 Speaker 1: Mike the situation out of jail. I know all of it. Okay, anyway, 490 00:26:24,960 --> 00:26:27,000 Speaker 1: back to what's on your radar? Enough of the water 491 00:26:27,040 --> 00:26:30,400 Speaker 1: cooler talk, Roger. This new pole just to lead into 492 00:26:30,480 --> 00:26:33,840 Speaker 1: this peepoota judge Southamy or peopoota judge now in first place, 493 00:26:33,880 --> 00:26:37,080 Speaker 1: according to a new Iowa caucus poll, beating war and 494 00:26:37,160 --> 00:26:40,600 Speaker 1: beating standards, beating Joe Biden really looks like in the 495 00:26:40,600 --> 00:26:44,600 Speaker 1: early caucus state, Buddha Judges has really come on strong. Yeah, 496 00:26:44,600 --> 00:26:47,360 Speaker 1: and this is pretty much a good time to do it. Ideally, 497 00:26:47,560 --> 00:26:49,720 Speaker 1: wait like another maybe four or five weeks, to the 498 00:26:49,760 --> 00:26:52,320 Speaker 1: extent that there's like an exact science of control over 499 00:26:52,359 --> 00:26:56,639 Speaker 1: these things. Their challenge is, you know, going to be 500 00:26:56,680 --> 00:26:59,800 Speaker 1: maintaining this and basically, you know, when in in I 501 00:27:00,040 --> 00:27:02,040 Speaker 1: way you look at your ones through fives, the ones 502 00:27:02,040 --> 00:27:03,639 Speaker 1: are the people you already have. The fives are the 503 00:27:03,640 --> 00:27:05,720 Speaker 1: ones that you're never gonna get. The question is is 504 00:27:05,760 --> 00:27:07,679 Speaker 1: in your look in your closing ten weeks, do you 505 00:27:07,720 --> 00:27:10,760 Speaker 1: focus on your twos or your threes? Do you focus 506 00:27:10,760 --> 00:27:12,879 Speaker 1: on the folks right in the middle that are possibly 507 00:27:12,920 --> 00:27:16,480 Speaker 1: open to supporting but don't have a relationship with a campaign, 508 00:27:16,680 --> 00:27:18,639 Speaker 1: or do you try to take the soft support and 509 00:27:18,680 --> 00:27:22,080 Speaker 1: make it strong. That's that's the decision they have to 510 00:27:22,080 --> 00:27:24,600 Speaker 1: make right now. Um, I think the lead is going 511 00:27:24,640 --> 00:27:28,520 Speaker 1: to change once or twice more. But for being uh, 512 00:27:28,560 --> 00:27:32,440 Speaker 1: for coming where he is from. Numerically speaking, this is 513 00:27:32,480 --> 00:27:34,960 Speaker 1: great news and it's a great it's a great point 514 00:27:35,040 --> 00:27:36,720 Speaker 1: in the cycle. To be hitting this kind of a 515 00:27:36,720 --> 00:27:40,320 Speaker 1: benchmark mom at the University poll UH posted earlier today 516 00:27:40,359 --> 00:27:43,119 Speaker 1: shows that Buddha j Edge is the first choice of 517 00:27:44,080 --> 00:27:47,520 Speaker 1: of likely Democratic caucus schoers. I'm reading from politicos report 518 00:27:47,560 --> 00:27:50,640 Speaker 1: of the poll out running all other rivals in Iowa 519 00:27:50,680 --> 00:27:53,440 Speaker 1: for the party's nomination for Trump. It's it's a good 520 00:27:53,520 --> 00:27:56,040 Speaker 1: poet's if you're if you're following Buddha Jedge, this is 521 00:27:56,080 --> 00:27:58,520 Speaker 1: a key moment now that he has surpassed at his 522 00:27:58,640 --> 00:28:02,000 Speaker 1: leading now in Iowa. What's on your radar? Roger? Two 523 00:28:02,040 --> 00:28:06,800 Speaker 1: things very quickly. I looked at UM monthly sales recently 524 00:28:07,080 --> 00:28:13,280 Speaker 1: for home Depot and Walmart, and the trajectories are very 525 00:28:13,400 --> 00:28:16,680 Speaker 1: very similar. But the Home Depot trajectory is roughly about 526 00:28:16,680 --> 00:28:19,719 Speaker 1: a month ahead of the Walmart trajectory, So the same 527 00:28:19,960 --> 00:28:24,080 Speaker 1: same peaks, the same valleys, the same overall trends, but 528 00:28:24,280 --> 00:28:26,080 Speaker 1: just about a month off. And I thought that was 529 00:28:26,160 --> 00:28:28,520 Speaker 1: very very interesting, And I'm assuming there's very very smart 530 00:28:28,520 --> 00:28:30,679 Speaker 1: people out there that are trying to figure out what 531 00:28:30,720 --> 00:28:32,240 Speaker 1: that means, because I don't know what it means, but 532 00:28:32,280 --> 00:28:34,639 Speaker 1: I know that it's interesting. The second is that I 533 00:28:34,680 --> 00:28:39,080 Speaker 1: heard recently that there's a electoral correlation between the number 534 00:28:39,160 --> 00:28:42,680 Speaker 1: of international flights out of the big airports in any 535 00:28:42,680 --> 00:28:45,960 Speaker 1: given city and to the extent that they're um supporters 536 00:28:45,960 --> 00:28:48,880 Speaker 1: of Trump. So if you look at the red estates, 537 00:28:48,960 --> 00:28:51,800 Speaker 1: they basically have zero international flights, and as you creep 538 00:28:51,880 --> 00:28:56,080 Speaker 1: up with number of international flights, it almost exactly replicates 539 00:28:56,800 --> 00:29:01,240 Speaker 1: the temperature, the hotter coldness. There's us his nationalists, or 540 00:29:01,280 --> 00:29:03,000 Speaker 1: at least you could go in a hold bunch of 541 00:29:04,400 --> 00:29:09,520 Speaker 1: I like comfortability. What's on your radar? Really quick? Just 542 00:29:09,600 --> 00:29:13,720 Speaker 1: a quick story. Um, mid mid December, Roger talks about 543 00:29:13,720 --> 00:29:15,920 Speaker 1: peaking a little too early, Rick sand Torn winded up 544 00:29:16,000 --> 00:29:18,800 Speaker 1: barely win the eyewall focuses. We got a call from 545 00:29:18,800 --> 00:29:21,520 Speaker 1: our constructor being like, we got to start a book 546 00:29:21,520 --> 00:29:23,000 Speaker 1: on Rick Santurm, and we have to do it right 547 00:29:23,000 --> 00:29:25,239 Speaker 1: now because I was an opposition researcher for that part 548 00:29:25,280 --> 00:29:27,760 Speaker 1: of the primary and so I totally understand what your point. 549 00:29:27,840 --> 00:29:31,040 Speaker 1: I think. Yeah for around me, Um, first thing, I'm 550 00:29:31,320 --> 00:29:34,840 Speaker 1: the thing I'm that's that's no, no, yeah, really quick though, 551 00:29:35,440 --> 00:29:37,480 Speaker 1: I'm a big Cormani, the author of the opposite of 552 00:29:37,520 --> 00:29:41,880 Speaker 1: research book against Sorry, right, I'm a bit of a 553 00:29:41,880 --> 00:29:43,960 Speaker 1: weather nerd and So this really cool thing about I 554 00:29:44,000 --> 00:29:45,800 Speaker 1: wanted to be a weather man before I wanted to 555 00:29:45,840 --> 00:29:47,480 Speaker 1: be got to check the charts, when even one of 556 00:29:47,480 --> 00:29:50,200 Speaker 1: the gott to check the charts. Um, what's happening in 557 00:29:50,240 --> 00:29:53,800 Speaker 1: your The Weather Channel is introducing this program using AI 558 00:29:54,160 --> 00:29:56,800 Speaker 1: that will really take a lot of the really high 559 00:29:56,800 --> 00:29:59,600 Speaker 1: tech forecast the Western world, uses Japan as well as 560 00:29:59,600 --> 00:30:03,200 Speaker 1: the US UM and bring it to developing countries. So 561 00:30:03,200 --> 00:30:06,480 Speaker 1: with now climate change, sever your weather acting up. Obviously, 562 00:30:07,120 --> 00:30:09,760 Speaker 1: it's really important that developing countries get notified just as 563 00:30:09,760 --> 00:30:12,360 Speaker 1: soon as we do. And so with this new program, 564 00:30:12,360 --> 00:30:15,520 Speaker 1: it's going to make it universally available. Very good. That's 565 00:30:15,560 --> 00:30:18,360 Speaker 1: so interesting because we've talked in recent weeks about how 566 00:30:18,440 --> 00:30:23,600 Speaker 1: artificial intelligence is finally being applicable in ways that people 567 00:30:23,600 --> 00:30:27,160 Speaker 1: can understand, whether it's whether whether it's combat and terrorism. 568 00:30:27,160 --> 00:30:30,400 Speaker 1: Maybe there's a way to utilize it for combating um 569 00:30:30,520 --> 00:30:34,160 Speaker 1: mass shootings. Uh So yeah, that that's a really that's 570 00:30:34,320 --> 00:30:36,680 Speaker 1: a very interesting one, Ben Chang, what's on your radar? 571 00:30:36,960 --> 00:30:39,560 Speaker 1: I would love to pick up on either the environment 572 00:30:39,640 --> 00:30:41,400 Speaker 1: or AI because we'll do a lot of research in 573 00:30:41,480 --> 00:30:44,360 Speaker 1: both at Princeton, but have two other things that scream 574 00:30:44,400 --> 00:30:48,400 Speaker 1: red white and blue. One is given that yesterday was 575 00:30:48,480 --> 00:30:52,160 Speaker 1: Veterans Day, believe it or not. In higher education across 576 00:30:52,280 --> 00:30:55,040 Speaker 1: higher ed we're looking at more and different and innovative 577 00:30:55,080 --> 00:30:58,040 Speaker 1: ways to make sure that veterans realize I have an 578 00:30:58,080 --> 00:31:01,400 Speaker 1: opportunity to study and in a college degree, including places 579 00:31:01,440 --> 00:31:04,080 Speaker 1: like Princeton. General Millie, a chairman of the Joint Chiefs 580 00:31:04,080 --> 00:31:07,360 Speaker 1: of Staff, is a Princeton alum UH and he sent 581 00:31:07,480 --> 00:31:09,280 Speaker 1: us a message on the occasion of a hundred years 582 00:31:09,280 --> 00:31:13,600 Speaker 1: of our OTC at Princeton about the UH intertwining of 583 00:31:13,680 --> 00:31:17,560 Speaker 1: higher education and service to this country and to the 584 00:31:17,600 --> 00:31:20,080 Speaker 1: idea of America. The second red, white and blue thing 585 00:31:20,200 --> 00:31:24,960 Speaker 1: is Christian Pulisic. My eyes on him and his rejuvenation 586 00:31:25,160 --> 00:31:28,400 Speaker 1: as our American soccer ambassador in England. He's doing great 587 00:31:29,600 --> 00:31:32,960 Speaker 1: well so the last few games for Chelsea the Football 588 00:31:33,120 --> 00:31:36,120 Speaker 1: the soccer club in England. He has gone from a 589 00:31:36,160 --> 00:31:38,680 Speaker 1: bench warmer to a starter and he has been key 590 00:31:38,760 --> 00:31:41,600 Speaker 1: to the resurgence of that club into the upper tiers 591 00:31:41,680 --> 00:31:45,400 Speaker 1: of European soccer. That's awesome. I was devastated that d 592 00:31:45,520 --> 00:31:47,640 Speaker 1: C United didn't go further in the playoffs, so was 593 00:31:47,680 --> 00:31:50,680 Speaker 1: I Yeah, I I but they played awful and that 594 00:31:50,800 --> 00:31:52,640 Speaker 1: one game that I forget it, I'm blanking on the 595 00:31:52,720 --> 00:31:55,000 Speaker 1: but there was like four red cards or something and 596 00:31:55,040 --> 00:31:59,200 Speaker 1: they lost. But anyway, your Philadelphia Union did I actually 597 00:31:59,240 --> 00:32:01,959 Speaker 1: am going to Well, yeah, I like the Union, but 598 00:32:01,960 --> 00:32:04,640 Speaker 1: but I will root for DC United because I like 599 00:32:04,680 --> 00:32:06,480 Speaker 1: what they do for the community. They do a lot 600 00:32:06,520 --> 00:32:09,360 Speaker 1: of great work here in the city. Uh. And what's 601 00:32:09,360 --> 00:32:11,719 Speaker 1: on my radar? Mina Chang? Did you guys see this 602 00:32:11,800 --> 00:32:14,400 Speaker 1: on NBC News? They have this story. A senior Trump 603 00:32:14,400 --> 00:32:18,280 Speaker 1: administration official embellished her resume with misleading claims with her 604 00:32:18,320 --> 00:32:23,800 Speaker 1: professional background, even creating a fake Time magazine cover with 605 00:32:23,800 --> 00:32:25,920 Speaker 1: her face on it, and she was asked about it 606 00:32:25,960 --> 00:32:28,560 Speaker 1: in an interview and and spoke about it. This raises 607 00:32:28,640 --> 00:32:32,880 Speaker 1: questions about her qualifications to hold a top position at 608 00:32:32,880 --> 00:32:37,640 Speaker 1: the State's Department. The deputy is in secretary and the 609 00:32:37,680 --> 00:32:42,160 Speaker 1: State Department's Bureau of Conflict and Stability Operations. I mean, 610 00:32:42,240 --> 00:32:46,800 Speaker 1: that story is wild. Vetting is important. I want to 611 00:32:46,800 --> 00:32:48,760 Speaker 1: thank hey, we vetted all of you. I want to 612 00:32:48,760 --> 00:32:51,480 Speaker 1: thank mc gorman, Roger Fisk, and Ben Chang. Download the 613 00:32:51,480 --> 00:32:55,120 Speaker 1: Bloomberg Sounddog podcast on Appleichunes, at Bloomberg dot com or 614 00:32:55,160 --> 00:32:57,960 Speaker 1: the Bloomberg Business at full coverage tomorrow. The impeachment hearing 615 00:32:58,000 --> 00:33:00,600 Speaker 1: is of FED chair Powell and of Cours Air Deawan 616 00:33:00,720 --> 00:33:03,240 Speaker 1: and Trump Kevin Sairley, Bloomberg ninety nine one