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Speaker 2: This is the fastest show in politics, but we have
Speaker 2: to keep obviously not only tabs on the market, but
Speaker 2: the intersection of Washington and Wall Street. That's what makes
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Speaker 2: on the satellite and on YouTube. The road show begins.
Speaker 2: This is what happens coming off the debate, right, all
Speaker 2: the pollsters go on the field and the candidates hit
Speaker 2: the road. You could probably tell me where they're going
Speaker 2: at this point if you listen to this broadcast. But
Speaker 2: Kamala Harris back on the road today. North Carolina is
Speaker 2: where it's going to happen. Charlotte, Greensboro, Tim Walls in Michigan, Yes,
Speaker 2: hello Grand Rapids. Doug Mhoff heading to Arizona, Nevada, Florida
Speaker 2: the next couple of days, and of course the Trump
Speaker 2: campaign is traveling as well. This is it. This is
Speaker 2: the last big push right Donald Trump today in Tucson, Arizona,
Speaker 2: where he will be focusing on Latino voters onto Nevada.
Speaker 2: After that with an event on inflation and the economy
Speaker 2: in Las Vegas on Friday. That's tomorrow, finally Friday. So
Speaker 2: thanks for joining us here. This is a very important day.
Speaker 2: I don't think enough people are talking about this. It
Speaker 2: was supposed to happen last week. North Carolina, remember, was
Speaker 2: going to send out the first batch of absentee ballots,
Speaker 2: and because of the challenge from RFK Junior, that was delayed.
Speaker 2: So we can tell you now of a straight face
Speaker 2: that today voting begins and the prize goes to Alabama.
Speaker 2: Somebody tell Rick Davis. Alabama wins the race here mailing
Speaker 2: out the first absentee ballots this morning, overtaking North Carolina,
Speaker 2: and there's a big one coming on Monday. That's where
Speaker 2: we start with Laura Davison, Bloomberg Politics editor, driving our
Speaker 2: coverage in the newsroom here in Washington. It's always great
Speaker 2: to see you. This is important time here, particularly noting
Speaker 2: the confusion that Donald Trump has brought to this matter.
Speaker 2: This is an important strategy, right, get people to vote now,
Speaker 2: even as he questions the veracity and legality of early voting.
Speaker 3: Yeah, what both you know sides have realized sort of
Speaker 3: at a party structure, maybe not necessarily in the Trump
Speaker 3: campaign structure, is that if people vote now, it means
Speaker 3: that you know, on election day they don't decide that,
Speaker 3: you know, they don't really want to or the lines
Speaker 3: are too long, or they have to work. If they
Speaker 3: vote now, that's in the bag and then that vote
Speaker 3: is solidified. So you know, in Alabama, the ballots are
Speaker 3: going out. In North Carolina they should be going out soon, obviously,
Speaker 3: a state that is now more in play. And in
Speaker 3: Pennsylvania on Monday, the first state and perhaps the most
Speaker 3: important state that's huge, we'll start early voting, which means
Speaker 3: that you know, people can go to the polls now.
Speaker 3: And so if the candidates realize this that they have
Speaker 3: to be convincing voters now. You can't really leave anything
Speaker 3: on the table till isn't that run for it.
Speaker 2: That's why this debate again was so important this week,
Speaker 2: to think that some folks voted in North Carolina before
Speaker 2: that happened, they didn't have a chance. Now everyone's seen
Speaker 2: the debate. We got new numbers by the way, those
Speaker 2: were preliminary ratings we gave you yesterday at fifty eight million.
Speaker 2: Turns out, sixty seven million people watched that debate this week,
Speaker 2: which is an overwhelming number and a lot more than
Speaker 2: we saw in the first.
Speaker 3: Debate, a lot more than we saw in the first debate,
Speaker 3: a lot more than we saw, like almost three times
Speaker 3: what we saw for the convention. So this is a
Speaker 3: huge audience, perhaps the largest audience that either of them
Speaker 3: are going to have. And then when you counsel with
Speaker 3: the knock on effects of all of the clips, if
Speaker 3: your social media foot feed looked anything like mine, it
Speaker 3: was just full of all sorts of memes and moments
Speaker 3: from the debate.
Speaker 2: Yes, right as far as early voting goes down, these
Speaker 2: people are armed with whatever they saw or wanted to
Speaker 2: see on Tuesday night. Alabama is one thing. It's the
Speaker 2: first and that's why we're making something out of it.
Speaker 2: But voters there actual they have to have a reason
Speaker 2: to vote by mail, such as being absent from the
Speaker 2: county or working on election day. Some other states have
Speaker 2: looser requirements. How do the campaigns target them so they
Speaker 2: you really.
Speaker 3: See the t travel schedule, you know it's all about
Speaker 3: Pennsylvania and North Carolina right now. You know, you see Harris,
Speaker 3: she's in a North Carolina today, She'll be in Pensylvania tomorrow.
Speaker 3: Biden will be going on Monday, the day that voting
Speaker 3: kicks off. Trump as well, has been really targeting those
Speaker 3: early voting states. You see him out west, you know,
Speaker 3: for the weekend. He's doing a bunch of fundraising, which
Speaker 3: is also sort of a weak spot for him. Right now,
Speaker 3: He's will be in California meeting with some big.
Speaker 2: Ground game too though. Right it's door knockers, it's advertising,
Speaker 2: it's telling people not everybody knows that this is on already.
Speaker 3: And we've started to see some of the advertising from
Speaker 3: the super PACs. Those outside groups really pick up. So
Speaker 3: like Elon Musk's pack is hiring doorknocker specifically in North
Speaker 3: Carolina and Michigan, which is interesting that they see sort
Speaker 3: of weak spots there as well as advertising, you know,
Speaker 3: specifically to young men, another kind of area where you
Speaker 3: see that you know, sort of the soccer moms that
Speaker 3: were the sort of swing vote back a couple cycles ago.
Speaker 3: Now the Trump campaign is looking at at young men.
Speaker 2: I'm asking everybody this you can give me a yes
Speaker 2: or no if you want. Is there going to be
Speaker 2: another debate?
Speaker 3: I wouldn't bet on it. There will be a vice
Speaker 3: residential debate.
Speaker 2: I thought about that answer. Sounds like a no on.
Speaker 3: The you know, uh, the Trump has been all over
Speaker 3: the board. Remember he you know, he didn't want to
Speaker 3: have this first debate. Then it did that he didn't.
Speaker 3: These things can change on time, but right now it
Speaker 3: seems that he is down on another debate.
Speaker 2: Interesting as always to spend time with Laura Davison. Great
Speaker 2: work this week on the debate and always covering this campaign.
Speaker 2: Where are we at here? We're under sixty days, right,
Speaker 2: we're getting closed fifty five. Wow, Laura Davison is the
Speaker 2: one who fifty three, says producer James I was told
Speaker 2: there'd be no math Bloomberg Politics contributor, Thank you and
Speaker 2: editor Laura Davison. I'm Joe Matthew and Washington. As we
Speaker 2: turn our attention, i'd say to what's happening in Ukraine,
Speaker 2: But it's really here in Washington where we have a
Speaker 2: real argument, a concerted debate underway.
Speaker 1: Now.
Speaker 2: We brushed up on this yesterday about what to do
Speaker 2: with Western provided and specifically US provided weapons in Ukraine
Speaker 2: should they be used offensively against Russia outside of the
Speaker 2: Curse region where we've already seen across border incursion. It's
Speaker 2: causing a split inside the Republican Party, as Donald Trump,
Speaker 2: who wouldn't even say the other night if you wanted
Speaker 2: Ukraine to win this war, finds himself at odds with
Speaker 2: a lot of hawks here in Washington, Michael McCall among them,
Speaker 2: Mike Rodgers, who are calling for this to happen. A
Speaker 2: Democrat named Ben Cardon is doing the same. Obviously very
Speaker 2: important here when we talk about the Foreign Relations Committee
Speaker 2: in the Senate, we wanted to talk to an authority
Speaker 2: about this important moment because this could be a change
Speaker 2: in the war. Kelly Grico is back with US senior
Speaker 2: fellow at the Stimpson Center's Reimagining US Grand Strategy program.
Speaker 2: When we talk strategy, we call Kelly and it's great
Speaker 2: to see you here. Kelly. How important and we're told
Speaker 2: by the way that a decision could be imminent here
Speaker 2: at least that's what the whisper is in Washington. How
Speaker 2: important would be that change in strategy to loosen these restrictions?
Speaker 4: First, thank you for having me, I'm afraid I don't
Speaker 4: think this decision will actually have, you know, a real
Speaker 4: effect on the battlefield. I think it will be a
Speaker 4: short window if they're given these kinds of permissions that
Speaker 4: it will make a difference. But again, I think that
Speaker 4: anyone who is expecting that taking you know, the leashes
Speaker 4: off and allowing the Ukrainians to engage in longery strike
Speaker 4: is fundamentally going to change the trajectory of the war
Speaker 4: is going to be disappointed.
Speaker 2: Well, I know you're going to tell me why. Because
Speaker 2: Ukraine says they can start knocking down these MiGs that
Speaker 2: carry the big missiles the minute they take off if
Speaker 2: they're allowed to.
Speaker 4: Kelly, yes, So you know, the Ukrainians have been clear
Speaker 4: about what they want to target, which is air bases
Speaker 4: and also logistics hubs. The problem though for Ukraine is
Speaker 4: that Russia is very large, and so yes, the Russians
Speaker 4: can pull back their aircraft, they can pull their aircraft
Speaker 4: in particular further back. But to really have an effect,
Speaker 4: you know, and really degrade Russian capabilities, we would need
Speaker 4: to be able supplying the Ukrainians with really large numbers
Speaker 4: of missiles. So whether that's atackums or something like DASMS
Speaker 4: and certainly an INTACTMS.
Speaker 5: We don't have the numbers for this kind of large campaign.
Speaker 4: And for them to use a missile called JASM, which
Speaker 4: is a surface air to surface missile with their sixteens,
Speaker 4: they would have to fly their sixteens increasingly into Russian
Speaker 4: air space where they would be very vulnerable to air defenses.
Speaker 2: So this is not so much a matter of permission,
Speaker 2: it's having the actual hardware to make it dent, Kelly,
Speaker 2: Is that right?
Speaker 4: Yeah, I mean it is about permission in the sense
Speaker 4: that the Ukrainians have respected the US decision, you know,
Speaker 4: that not to use certain things on Russian territory, and
Speaker 4: so they definitely want those permissions. But I think when
Speaker 4: we're looking at the permissions, we should ask ourselves what
Speaker 4: are the actual military benefits here as we weigh that
Speaker 4: in comparison to sort of the escalatory risks, And in
Speaker 4: my I would just argue that I don't think that
Speaker 4: the benefits are significant enough to necessarily justify the escalatory risks.
Speaker 2: Well, you've had a way of being right so far
Speaker 2: in this conflict, Kelly, and I'm sure that you watched
Speaker 2: the debate along with the rest of US the other night.
Speaker 2: Ukraine did play a bit of a role in the conversation.
Speaker 2: Donald Trump was asked twice I refer to this if
Speaker 2: he wanted Ukraine to win the war. Let's go back
Speaker 2: to Tuesday night in Philadelphia. Here's how it went. Do
Speaker 2: you want Ukraine to win this war?
Speaker 6: I want the war to stop. I want to save
Speaker 6: lives that are being uselessly, people being killed by the millions.
Speaker 6: It's the millions. It's so much worse than the numbers
Speaker 6: that you're getting, which you are fake numbers. Look, we're
Speaker 6: in for two hundred and fifty billion or more because
Speaker 6: they don't ask Europe, which is a much bigger beneficiary
Speaker 6: to getting this thing done.
Speaker 2: Than we are. Okay, that said, Kelly, what would a
Speaker 2: Trump two point oh mean for this question that we're
Speaker 2: asking today, These restrictions would remain in place.
Speaker 4: Right, I would think they certainly would. I think the
Speaker 4: larger question, though, is, you know, this question of victory.
Speaker 4: What does victory look like in Ukraine? You know, I think,
Speaker 4: at least in the West, we often think of that
Speaker 4: perhaps too much, in terms of military victory, that you
Speaker 4: win by imposing, you know, a complete victory on your
Speaker 4: adversary and that's not going to happen for Ukraine. But
Speaker 4: you can't achieve a political victory, you know, so that
Speaker 4: at the negotiating table, that it's able to keep its
Speaker 4: country or largely keep its country intact. And I think
Speaker 4: the military realities are suggesting that both parties are going
Speaker 4: to need to head at some point to a negotiating table.
Speaker 2: You say, at some point, and President Zelenski would say,
Speaker 2: that's why I need these restrictions to come off. We
Speaker 2: need leverage, we need to make a dent before we
Speaker 2: sit down to negotiate. If I can even use that
Speaker 2: word with Vladimir Putin, does he have a point?
Speaker 4: Yes, I mean I understand this idea that he wants
Speaker 4: to negotiate from a position of strength. That's certainly true.
Speaker 4: You know, I'll be I'll just say that I'm very actually,
Speaker 4: very concerned about Ukraine in military position right now.
Speaker 5: You know, I think the Kursk offensive.
Speaker 4: Has sent a lot of manpower and equipment to this
Speaker 4: to Kirsk, and we now know that the Russians are
Speaker 4: engaged in a conor offensive to try to take it back.
Speaker 4: But at the same time that they're now launching this
Speaker 4: counter offensive. They're making gains in the east in Donbas,
Speaker 4: and the Ukraine's a position is quite fragile there at
Speaker 4: the moment, and so, you know, I think there's real
Speaker 4: concerns about Ukraine's ability to sustain the war at this moment,
Speaker 4: and I actually think that might be one of the reasons,
Speaker 4: you know, that the Bide administration is even entertaining this
Speaker 4: idea of long range strike because we've tended to escalate
Speaker 4: at these moments when we fear Ukraine is losing, and so,
Speaker 4: you know, rather than trying to achieve a real victory,
Speaker 4: I think for.
Speaker 5: Ukraine on a military sense, we need to.
Speaker 4: Figure out what's the way to prevent a Russian military victory,
Speaker 4: and that's probably really strengthening defensive positions.
Speaker 2: Great insights from Kelly Grico, and like to ask you
Speaker 2: about what's happening in the Middle East, Kelly, with your
Speaker 2: expertise here in military strategy. It's an important headline. They're
Speaker 2: sending the Teddy Roosevelt home. This is the USS Theodore
Speaker 2: Roosevelt Aircraft Carrier Strike Group. It was a big deal
Speaker 2: and a rare move to have two of them steaming
Speaker 2: their way toward the Middle East. When a retaliatory strike
Speaker 2: by Iran was anticipated the USS Abraham Lincoln still there,
Speaker 2: What does this tell you when we peel off an
Speaker 2: entire carrier strike group, has the threat level diminished?
Speaker 4: Yes, I mean I would say that's certainly with a
Speaker 4: signal that's being sent, there's that there must be a
Speaker 4: feeling in the administration, given whatever intelligence they have to
Speaker 4: suggest that a strike is not imminent. I think it's
Speaker 4: quite remarkable, frankly, that we haven't seen an Iranian attack.
Speaker 4: It's clear that the Iranians, on their part, have been
Speaker 4: careful about escalation, and it seems that they have at
Speaker 4: least for the moment, decided not to proceed with some
Speaker 4: kind of major escalatory act. Obviously, that's very good news
Speaker 4: for the Middle East and for all of us.
Speaker 2: We were asking in the newsroom if this might be
Speaker 2: a part of the negotiating process, if this was an ask,
Speaker 2: for instance, as part of ceasefire negotiations.
Speaker 5: Wow, that's a really good question. You know, it's possible.
Speaker 4: I mean, I can't imagine that is necessarily something that
Speaker 4: you know, Hamas is particularly as much interested in, but
Speaker 4: of course their Iranian backers may have asked for that
Speaker 4: and it may be some kind.
Speaker 5: Of negotiation, an official negotiation.
Speaker 4: With the Iranians, and then the Iranians would put more
Speaker 4: pressure on Hamas to accept some kind of ceasefire terms.
Speaker 2: Amazing. I always love talking to you, Kelly. Thank you
Speaker 2: for joining us, Skelly grecotiating some light on what is
Speaker 2: happening in two regions, two theaters of war that the
Speaker 2: US is involved in, either directly or indirectly. And we'll
Speaker 2: let you know if there is news and a break
Speaker 2: on the restrictions that we're talking about here. This is
Speaker 2: happening now that lawmakers are back in Washington, in the
Speaker 2: wake of the debate that we just played a snippet
Speaker 2: for you there. The calls are growing louder among certain
Speaker 2: members of the Republican conference in the House that could
Speaker 2: unlock something here. We'll let you know what happens with that.
Speaker 1: You're listening to the Bloomberg Balance of Power podcast kens
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Speaker 2: You're in Washington. I'm Joe Matthew on balance of power
Speaker 2: with politics in mind, but we want to stick with
Speaker 2: the intersection of politics and the economy because you cannot
Speaker 2: have one without the other. And an important conversation that
Speaker 2: we can bring you today at an important event that's
Speaker 2: underway right now in Washington. The Congressional Black Caucus is
Speaker 2: having its legislative conference, just a couple of blocks away
Speaker 2: from where I'm sitting in Nicole Austin. Hillary is the
Speaker 2: president and CEO of the CBC Foundation, and she's with
Speaker 2: us now on Bloomberg TV and Radio. Nicole, thank you
Speaker 2: for joining us. We've been spending time talking about kitchen
Speaker 2: table stuff. As people like to say, in the world
Speaker 2: of politics, prices, the strength of the job market, and
Speaker 2: the availability of housing. All of these are very important
Speaker 2: issues for your members and of course their constituents. As
Speaker 2: they say, prices don't have d's or r's attached to them.
Speaker 2: This is obviously a big issue for people no matter
Speaker 2: where they live. And Donald Trump is telling a story
Speaker 2: now that he says is more attractive to black voters
Speaker 2: that he did more for black Americans when he was
Speaker 2: in office than Democrats have been able to do in
Speaker 2: lifting them up, finding opportunity, increasing wages. How do you
Speaker 2: see it?
Speaker 7: First of all, I'd like to thank you for having
Speaker 7: us on the show today. Look, the Annual Legislative Conference
Speaker 7: is fifty three years old. This is our fifty third
Speaker 7: annual conference, and this is an opportunity for all of
Speaker 7: Black America, and in fact all of America to come
Speaker 7: together and talk about those issues that are most salient
Speaker 7: to the Black community. And we know that issues that
Speaker 7: impact the Black community impact all of America. All of
Speaker 7: those issues right now, economics, closing the Black wealth gap,
Speaker 7: dealing with disparities, housing, all of those issues are the
Speaker 7: most prescient issues right now for Black America. This is
Speaker 7: a time for everyday citizens to come to our conference,
Speaker 7: to stand next two members of Congress, to hear from
Speaker 7: them in panel discussions, to ask them questions, to stop
Speaker 7: them in the hallways, to tell them what's going on
Speaker 7: in their own communities.
Speaker 8: And that's why we exist.
Speaker 7: That's why we do this conference because we believe that
Speaker 7: every individual person should be empowered to talk about what
Speaker 7: is happening in their communities and to impact and be
Speaker 7: empowered by their own communities and by the work that
Speaker 7: they are doing so. Again, as you said, I love
Speaker 7: that you said, this is not about whether you're an RD,
Speaker 7: whether you're.
Speaker 8: Purple, green, blue, or yellow.
Speaker 7: This is about individuals coming together, having an opportunity to
Speaker 7: hear from their elected officials and having an opportunity to
Speaker 7: question them, but also make recommendations about what they want
Speaker 7: to see, the kinds of changes they want to see
Speaker 7: in their own backyards.
Speaker 2: Well, that's a productive conversation, and I'd like to get
Speaker 2: specific with you about legislative priorities here. But knowing that
Speaker 2: you were at a watch party, a CBC watch party,
Speaker 2: looking at that debate on Tuesday, did either candidate bring
Speaker 2: plans that resonate with black voters and the people you're
Speaker 2: talking to today.
Speaker 7: We know I can't speak for all black voters. You know,
Speaker 7: the black community is not monolithic. What I can say
Speaker 7: is that both candidates spoke to issues that are of
Speaker 7: concern to the Black community and again that are of
Speaker 7: concern to Americans writ large. They talked about the economy,
Speaker 7: they talked about immigration, they talked about housing, they talked
Speaker 7: about education, artificial intelligence, all of those things that to
Speaker 7: everyday average Americans is going to impact how they live breede, eat, sleep,
Speaker 7: how they take care of their families, how they take
Speaker 7: care of their communities. I think those were issues that
Speaker 7: everyone in this country has an obligation to be focused on,
Speaker 7: has an obligation to be thinking critically about, and has
Speaker 7: an obligation to them think thoughtfully about as they go
Speaker 7: into the ballot box in November and make their choices,
Speaker 7: their personal choices that they think are going to be
Speaker 7: most beneficial to them and their families.
Speaker 2: Well, you just said a lot there, and I find
Speaker 2: it interesting that we're talking about AI as part of
Speaker 2: this conversation as well. Maybe AI is part of the
Speaker 2: kitchen table conversation, Nicole, You tell me because Washington's trying
Speaker 2: to get its arms around this technology right now, and
Speaker 2: there is a civil rights aspect to this, isn't there?
Speaker 8: Yes?
Speaker 7: Absolutely, And AI is something we're talking about here at
Speaker 7: the Annual Legislative Conference. You know, we have over one
Speaker 7: hundred sessions and some of those sessions are specifically looking
Speaker 7: at AI.
Speaker 8: You know.
Speaker 7: The thing that's interesting about AI is and like all technology,
Speaker 7: it is often created to ensure a benefit to all
Speaker 7: of us, but there are often unintended consequences, and particularly
Speaker 7: when we're talking about technology that can really get into
Speaker 7: our hearts and homes, that has the ability to survey
Speaker 7: our movements.
Speaker 8: And in fact to help create our thoughts. That's something
Speaker 8: that we all should be concerned about.
Speaker 7: And we know that AI is seen in every aspect
Speaker 7: in every crucial system of our country, whether we're talking
Speaker 7: about our monetary system, whether we're talking about our voting system,
Speaker 7: whether we're talking about how we do our work each
Speaker 7: and every day. So it's incumbent upon us, as the
Speaker 7: Congressional Black Caucus Foundation and the members of the CBC
Speaker 7: that are leaders here in the country to talk about
Speaker 7: those issues and to talk about what's going to impact
Speaker 7: and change how people live each and every day, and
Speaker 7: how can they ensure that their rights are protected, how
Speaker 7: can they ensure.
Speaker 8: That their voices are heard? And AI is certainly at
Speaker 8: the heart of that.
Speaker 2: Well, Nicole, this is a big deal to our viewers
Speaker 2: and listeners, many of whom are investing a good deal
Speaker 2: of capital in this technology right now and trying to
Speaker 2: figure out if there will be a regulatory answer to
Speaker 2: what has been incredibly fast growth here. Will the CBC
Speaker 2: make this a priority in this Congress?
Speaker 7: You know, you'd have to talk to the individual members themselves.
Speaker 7: The individual individual members, of course, have their own legislative agendas,
Speaker 7: and as a body, they have the legislative agenda. Our
Speaker 7: work with the CBC is to provide policy and research
Speaker 7: information and to make recommendations about what we are learning,
Speaker 7: what our fellows and researchers are developing, and it's then
Speaker 7: for them to assess it and be thoughtful then about
Speaker 7: the legislative decisions and recommendations they are making.
Speaker 8: So I would urge you and.
Speaker 7: Encourage you, and I'm sure they would want to talk
Speaker 7: to you about how they are centering AI and how
Speaker 7: they are dealing with it in terms of how they're
Speaker 7: responding to and being available to their constituents around that issue.
Speaker 2: Well, and I'm glad to say that we're in conversation
Speaker 2: with many of your members on a regular basis here
Speaker 2: on Bloomberg. Nicole, getting a sense of what else is
Speaker 2: important as we move forward here with the idea that
Speaker 2: the housing market is driving a lot of the economic
Speaker 2: challenges for Americans. Right now, you said something important. You're right,
Speaker 2: the black voter is not a monolith. But this again
Speaker 2: is an issue that impacts everybody, whether you're a black
Speaker 2: white Latino voter. Cracking the housing market is something that
Speaker 2: many young voters think is impossible, that they will never
Speaker 2: realize this. Are any of the proposals on the table
Speaker 2: that you're hearing about at the conference or on the
Speaker 2: campaign trail possibly able to unlock that?
Speaker 7: Well, I will tell you I am hearing lots of
Speaker 7: conversations about one centering that as a priority issue, because
Speaker 7: you're absolutely right, young people and everyone in between is
Speaker 7: concerned about how can they afford to put a roof
Speaker 7: over the heads of their families, how can they buy
Speaker 7: into the American dream? And we know that home ownership
Speaker 7: is a way that we pass on generational wealth, and
Speaker 7: that is something that is particularly important to the black community,
Speaker 7: especially since we know based on data that it's been
Speaker 7: very difficult for the black community to pass on similar
Speaker 7: levels of wealth generational wealth to their families. So we
Speaker 7: are having conversations about that, and we are One of
Speaker 7: the things that we're doing is we're listening. This conference
Speaker 7: is not just about hearing from the elected leaders. It's
Speaker 7: about creating a space in a forum where voters, where
Speaker 7: everyday average citizens can be heard. That's something that is rare,
Speaker 7: you know, when we have a town hall discussion like
Speaker 7: we just did this morning.
Speaker 8: We had a town hall discussion.
Speaker 7: It was to a two part discussion, first where we
Speaker 7: talked about democracy and the issues that are at state
Speaker 7: in our democracy, and then we had a second panel
Speaker 7: on black wealth and how we close the black wealth gap.
Speaker 7: One of the reasons we have a town halls because
Speaker 7: a town hall concept is about not only sharing information,
Speaker 7: but about listening. One of the biggest things that leaders
Speaker 7: and elected officials can do is listen to what their
Speaker 7: constituents and community members are saying is important to them,
Speaker 7: what they're saying about, what their needs are, and what
Speaker 7: kinds of changes they want to see. So our conference
Speaker 7: is unique in that way, and we see that as
Speaker 7: our obligation. See it as our obligation to provide a
Speaker 7: forum for for leaders UH to to stand up and
Speaker 7: and and and and speak to the constituents and community members.
Speaker 7: But we also see it as a place where those
Speaker 7: community members can stop legislators right here in our hallway.
Speaker 7: If you were here with me now, you would see
Speaker 7: there are people milling about all over the Washington's Invention Center.
Speaker 7: You can see members that are going to pass you
Speaker 7: in the hallway. You have the opportunity to stop them
Speaker 7: and say, hey, you know, miss legislator or mister legislator,
Speaker 7: here's what I'm concerned about in my community. Here's what
Speaker 7: I'd like you to do, or here's a thought that
Speaker 7: I have about something that we are already engaged in
Speaker 7: as advocates and grassroots workers in our community.
Speaker 8: That's the beauty of this conference.
Speaker 7: And and again I think that's it's that's what's going
Speaker 7: to help us create real movement and change. It's that
Speaker 7: that that dance, that delicate dance that has to be
Speaker 7: done between leaders, uh, not only doing but also being
Speaker 7: listeners and being empathetic and thoughtful.
Speaker 2: Nicole, I only have a minute left, and I want
Speaker 2: to tap your expertise or your expertise on election security.
Speaker 2: Something important happened yesterday. The January sixth certification of the
Speaker 2: election has been declared a national special security event. We
Speaker 2: will have voted by then. How worried are you about
Speaker 2: security in the next two months?
Speaker 7: You know, I will tell you. We do work here
Speaker 7: at the Congressional Black Caucus Foundation on voting. And I've
Speaker 7: spent my career as a civil and human rights lawyer,
Speaker 7: specializing in and working on voting. I will tell you
Speaker 7: that we have one of the most secure voting systems
Speaker 7: in this country. There are so many experts around the country,
Speaker 7: and our research shows that who work every day to
Speaker 7: ensure that our systems are working, that they are fair
Speaker 7: and free, and that they're equitable.
Speaker 8: And I believe in those systems.
Speaker 7: I think we all should, and I think we should
Speaker 7: trust in what those experts are doing and know that
Speaker 7: they have in.
Speaker 8: Touch with us.
Speaker 2: End of scene. There, Nicole Austin Hillary from the Congressional
Speaker 2: Black Caucus Foundation On Bloomberg.
Speaker 1: You're listening to the Bloomberg Balance of Power podcast. Catch
Speaker 1: us live weekdays at noon Eastern on Applecarplay and then
Speaker 1: Rounoro with the Bloomberg Business app. Listen on demand wherever
Speaker 1: you get your podcasts, or watch us live on YouTube.
Speaker 2: Thanks for being with us. Kaylee Lines is off today
Speaker 2: as we bring you our panel once again with our
Speaker 2: eyes on the road like Thelma and Louise, Rick Davis
Speaker 2: and Kristen Hahn heading for North Carolina, while Kamala Harris
Speaker 2: is at least this will not be a surprise coming
Speaker 2: off the debate to see where everyone's going. VP Harris
Speaker 2: Charlotte and Greensboro today. Tim Walls, Grand Rapids, Michigan. The
Speaker 2: map's not changing, maybe as much as some would suggest,
Speaker 2: at least with regard to priorities. Here Doug M. Hoff Arizona, Nevada,
Speaker 2: Florida the next two days. And Donald Trump's hitting the
Speaker 2: road as well, talking to supporters today, Tucson, Arizona. Yes,
Speaker 2: another swing state. He'll be in Nevada tomorrow speaking in
Speaker 2: Las Vegas. Rick Davis, of course, partner at Stone Court,
Speaker 2: Capitol Republican strategist and Bloomberg Politics contributor, joined by Kristin Han,
Speaker 2: democratic strategist from Rock Solutions. Great to see you both here. Kristin,
Speaker 2: do you like the sound of this road show? We
Speaker 2: can start with the Harris campaign because there's been a
Speaker 2: lot of talk about the Sun Belt, and she is
Speaker 2: in North Carolina today with NBC News reporting a new
Speaker 2: batch twenty thousand new volunteers signing up there since the debate.
Speaker 2: Pretty remarkable numbers. As she zeros in on North Carolina.
Speaker 2: Tim Walls in Michigan, is it as simple as this,
Speaker 2: you keep going to the same seven states.
Speaker 9: I think you have to, and I think she's smart
Speaker 9: to go to North Carolina This is a state that
Speaker 9: wasn't necessarily in play when President Biden was running for reelection,
Speaker 9: So spending time there is smart. But yes, I think,
Speaker 9: you know, it's unfortunate, but this race is going to
Speaker 9: come down to these these swing states, and you know,
Speaker 9: I think as well as you did during the debate,
Speaker 9: I think the campaign will tell you that it's still
Speaker 9: a very very very tight race. And really hunkering down
Speaker 9: in these states, making sure that we have the votes,
Speaker 9: making sure that the ground game, which has been you know,
Speaker 9: been developed over many many many months, is at its
Speaker 9: full its peak, will be essential to winning this election
Speaker 9: because you know, I don't think one debate necessarily changes
Speaker 9: things as as as far as you know, it's not
Speaker 9: going to be a landslide. And we need to be
Speaker 9: in all of these states pretty regularly. And it's great
Speaker 9: that we have so many people and so many sargates
Speaker 9: that can be doing events all at once.
Speaker 2: Yeah. Rick, is this the travel discipline that you would
Speaker 2: be showing trying to reach the voters in these seven states?
Speaker 1: Oh for sure.
Speaker 10: I mean I think now the priority on fundraising going
Speaker 10: to places like New York and California where the donors
Speaker 10: are is much much less important than going where the
Speaker 10: votes are. And in fact, I'm really surprised Donald Trump's
Speaker 10: going to spend any time in California. You're not there
Speaker 10: looking for votes, you're there looking for money. And it
Speaker 10: may be a sign that they're feeling a little bit
Speaker 10: less competitive financially than they need to be in these states,
Speaker 10: and so they're going around to pick up some.
Speaker 2: Extra cash along the way.
Speaker 10: But the other thing I think that's really interesting is,
Speaker 10: you know, there's quite a contention of Harris Sergis out
Speaker 10: there that are, you know, making good waves in the
Speaker 10: swing states. And I think it's a real handicap for
Speaker 10: Trump not to have have his wife out there campaigning
Speaker 10: for him. I mean, she's nowhere to be seen in
Speaker 10: this campaign from start to finish. She's not raising money
Speaker 10: for him. Why can't she go to California? Let him
Speaker 10: go to North Carolina or someplace like that. And then
Speaker 10: they have vans basically shadowing Harris. You know, we call
Speaker 10: it bracketing. You know, he goes to the states right
Speaker 10: before her, right after her, and right now he's shadowing
Speaker 10: her in these states. And that is more about her
Speaker 10: strategy than it is about their strategy. So in a
Speaker 10: campaign where it's all about one person, that works great,
Speaker 10: maybe you know, when in primaries and that kind of thing,
Speaker 10: but you want as many, you know, people out there
Speaker 10: hammering away in these states as you can for the
Speaker 10: next fifty five days. And I just this looks like
Speaker 10: to me that Trump campaigns getting out gunned.
Speaker 2: Well, this is interesting. So I think we've established the
Speaker 2: rationale the seven swing states. So kristin Channel four in
Speaker 2: New York says Donald Trump will be holding a rally
Speaker 2: on Long Island on Wednesday. What's he doing there?
Speaker 9: I don't know, And I don't know what jd Vance
Speaker 9: is doing there. Like Rick said, you know, he's there
Speaker 9: for a few fundraisers. So, you know, it seems like
Speaker 9: they're a little off. I mean, Trump has said, you know,
Speaker 9: I think California is in play, which is just ridiculous
Speaker 9: on the face of it. So I'm not sure exactly
Speaker 9: what their camp strategy is. I can't really speak to it,
Speaker 9: but I do know that the Harris Walt's campaign knows
Speaker 9: exactly what they're doing going around to all these states.
Speaker 9: And like Walt said, you know, we can sleep when
Speaker 9: we're dead because there's so much work to be done.
Speaker 9: I think Trump doesn't think that he has to do
Speaker 9: the same things that normal candidates have to do. I mean,
Speaker 9: he said I don't even have to campaign to win,
Speaker 9: and I hope, certainly hope that's not true, because it
Speaker 9: really is the difference, particularly in states like Pennsylvania. He
Speaker 9: the difference ten thousand votes or less and the campaigns
Speaker 9: on the line. So you know, maybe he's going to
Speaker 9: places where he feels comfortable.
Speaker 2: I want to get into the campaign apparatus with both
Speaker 2: of you and Rick inside the Trump campaign. The reports
Speaker 2: that are emerging following the debate, in which he said
Speaker 2: a number of things that the campaign surely did not
Speaker 2: prepare him to say. When we consider the influence of
Speaker 2: Chris las Sevida, Susan Wiles, he held a war room,
Speaker 2: as it's being referred to and reporting by Axios, with
Speaker 2: a number of influencers so called who he has surrounded
Speaker 2: himself by, including the guy behind Pizzagate, the conspiracy theory,
Speaker 2: and anti transactivist I've never heard of. Also Laura Lumer,
Speaker 2: who of course joined him at Ground zero yesterday and
Speaker 2: believes that nine to eleven was an inside job and
Speaker 2: spent the last couple of days promoting these ideas that
Speaker 2: Haitian immigrants in Springfield, Ohio were eating people's pets. That
Speaker 2: actually came out of his mouth. Of course, during the debate,
Speaker 2: you have dealt with challenging candidates, Rick, and I wonder
Speaker 2: what happens inside a campaign when you've lost the direct
Speaker 2: control over the message from your candidate.
Speaker 10: Yeah, and this is all being facilitated by Donald Trump himself.
Speaker 10: I mean, what's interesting about this is this Trump versus
Speaker 10: his campaign. Normally, the camp PA has issues inside direction, strategy,
Speaker 10: what kind of ads we ought to be, you know,
Speaker 10: posting up how much money do we want to put
Speaker 10: in these states? And that's a healthy, lively debate that
Speaker 10: you know, sometimes gets bogged down, but otherwise is what
Speaker 10: every presidential campaign goes through. What's happened with the Trump
Speaker 10: campaign is he's kind of gone rogue on his own campaign.
Speaker 10: I mean, the idea of having Laura Lumer on the
Speaker 10: plane talking to him about topics going into the presidential
Speaker 10: debate I had to have driven Chris Losovita and Susie
Speaker 10: Wilds crazy. I mean, it's bad enough that Trump won't
Speaker 10: sit for debate prep, but to have someone chirping in
Speaker 10: his ear right before he goes on the stage about
Speaker 10: Haitian immigrants eating dogs and cats. No wonder he talked
Speaker 10: about it. And by the way, that's his whole mo.
Speaker 10: It's the last person in his ear and that's what
Speaker 10: comes out of his mouth. So yeah, I mean, it's
Speaker 10: a it's a real struggle, and at a time when
Speaker 10: for performance matters, right and the debate performance matters. What
Speaker 10: he says on the stop now matters, and in addition
Speaker 10: to where he goes and what kind of events he's having,
Speaker 10: And so I really do think we've got a rogue situation.
Speaker 10: We've had it since his speech at the convention where
Speaker 10: he decided to go off script and do his own thing,
Speaker 10: and honestly, ever since then, you know, it was kind
Speaker 10: of the height of his campaign and it's only been
Speaker 10: kind of dribbling down from.
Speaker 2: There, Kristen. Even Marjorie Taylor Green is calling out Laura
Speaker 2: Lumer on Twitter. It's a pretty ugly sweet that I
Speaker 2: will not read on the air that Marjorie Taylor Green
Speaker 2: retweeted called appalling and extremely racist, which might give you
Speaker 2: a sense of where we are on this particular note.
Speaker 2: Is it the campaign's job? Is it not the campaign's
Speaker 2: job to protect the candidate from people like this.
Speaker 9: I mean, I don't think that they can. I mean,
Speaker 9: you're looking at Lauren Bobert. I saw that and it
Speaker 9: was kind of shocking that somebody like her would would
Speaker 9: go against him. But I think the campaign, the campaign
Speaker 9: can only do so much with personalities like that. And
Speaker 9: I think going back to what we were talking about
Speaker 9: earlier with the with the you know, productive surrogates, and
Speaker 9: that's where the Harris Balts campaign is really able to
Speaker 9: cover a lot of these states. You know, the campaign,
Speaker 9: You've got Trump who's on the stump saying, you know,
Speaker 9: I should I go personal and everybody says yes, and
Speaker 9: he goes, great, I'm gonna fire all of my campaign consultants.
Speaker 9: I mean, he clearly doesn't listen to any of them.
Speaker 9: He doesn't care what they have to say. That's the
Speaker 9: way it was the first time around. But you know,
Speaker 9: if the Democrats can really hit the ground and really
Speaker 9: put in the work and appeal to these voters in
Speaker 9: the middle who Trump clearly doesn't think he needs to
Speaker 9: win the election, you know, then I think that will
Speaker 9: ultimately be successful.
Speaker 2: Yeah, Rick, question from a terminal user, what's the Republic
Speaker 2: encounter if there is one, I will insert here to
Speaker 2: Democrats having Taylor Swift pushing eighteen to twenty five year
Speaker 2: olds to vote with an actual link to register in
Speaker 2: her Instagram story.
Speaker 1: Yeah, it's tough stuff.
Speaker 10: We had a lot of a lot of celebrities endorsing
Speaker 10: Barack Obama when we ran John McCain against him in
Speaker 10: two thousand and eight, and it's it's look, I mean,
Speaker 10: part of what you got to talk about is she's
Speaker 10: taking upon herself all these you know, crazy liberal ethics
Speaker 10: that exist in Hollywood, and she's become the Hollywood candidate.
Speaker 10: We called Barack Obama celebrity. We didn't think that was
Speaker 10: a good thing for him. And so there is a
Speaker 10: way to push back. And you are defined by the
Speaker 10: people who endorse you. So everyone thinks, wow, you know,
Speaker 10: this is a great endorsement, but there are going to
Speaker 10: be people who don't like well maybe not in the
Speaker 10: Taylor Swift's case, but other endorsements, and so yeah, but
Speaker 10: like it's a bombshell hard to deal with and it's
Speaker 10: almost like your wasting your breath even getting into the discussion.
Speaker 10: So it's Taylor Swift versus Kid Rock I guess, Kristin,
Speaker 10: do we have a battle of the bands.
Speaker 9: I don't think there's much of a battle there.
Speaker 2: I would totally agree with Rick, you know.
Speaker 9: On the celebrity endorsements. I always kind of kind of
Speaker 9: cringe a little bit every once in a while because Democrats,
Speaker 9: you know, we've always been painted as like the Hollywood
Speaker 9: out of touch, you know, candidate. But I think I
Speaker 9: put the Swifties all on their same their own, their
Speaker 9: own space, because also, you know, one of the big
Speaker 9: things Democrats are trying to do is outreach to younger people,
Speaker 9: and that's something I think she can really help with.
Speaker 2: The link is in the post for crying out loud. Hey, Kristin,
Speaker 2: it's great to see you. Kristin Han Rock Solutions, Democratic
Speaker 2: strategist and of course Rick Davis, Bloomberg Politics contributor partner
Speaker 2: at Stone Court Capital. A great conversation as always, Leon
Speaker 2: Panetta is coming in next. On the Fastest show in Politics.
Speaker 2: I'm Joe Matthew. This is Bloomberg.
Speaker 1: You're listening to the bloom Balance of Power podcast kens
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Speaker 2: Thanks for being with us on the Thursday edition as
Speaker 2: we stand by for news on Ukraine. This is important.
Speaker 2: It will likely happen before we ever get down to
Speaker 2: a matter of funding the government. As Bloomberg reports, a
Speaker 2: decision on Ukraine's request to use Western provided US provided
Speaker 2: weapons offensively against Russia is unlikely to come before the
Speaker 2: UN meeting that we're standing by four in New York,
Speaker 2: scheduled for September twenty two and twenty three, but President
Speaker 2: Biden may weigh in on a potential policy shift sooner
Speaker 2: than that. We've heard from Anthony Blincoln, We've heard from
Speaker 2: Ben Carden, We've heard from Michael McCall. And it's always
Speaker 2: an honority here from Leon Panetta, who's with us right
Speaker 2: now on Bloomberg TV and radio, of course, the former
Speaker 2: US Secretary of Defense, former CIA director, former White House
Speaker 2: Chief of Staff alongest business card in Washington. Mister Secretary,
Speaker 2: it's great to see you here. Do you anticipate that
Speaker 2: we will let our hands off the reins here to
Speaker 2: allow Ukraine to take the fight to Russia.
Speaker 11: Well, I certainly hope we give them a little more
Speaker 11: room to be able to strike it Russian targets and
Speaker 11: be able to defend themselves. So I'm hopeful that they
Speaker 11: can find a way to give Ukraine a little more
Speaker 11: flexibility to be able to go after those vital targets
Speaker 11: that are frankly attacking Ukraine without any kind of retaliation.
Speaker 11: That's got to stop.
Speaker 2: Should they be allowed to shoot down miggs that are
Speaker 2: taking off in Russia armed to attack Ukraine.
Speaker 11: Well, again, I think it's important to give them the
Speaker 11: ability to fully defend themselves. If those megs are going
Speaker 11: after targets in Ukraine, then I think they should take
Speaker 11: steps to be able to defend themselves against that kind
Speaker 11: of attack. Look, this is a war and Russia is
Speaker 11: using everything they have to be able to go after Ukraine,
Speaker 11: and I think it's our responsibility and the responsibility of
Speaker 11: our allies to be able to make sure that Ukraine
Speaker 11: is fully armed, has all of the weapons that are
Speaker 11: necessary in order to fully defend themselves in this war.
Speaker 2: Well, it's something the air raid sirens we know go
Speaker 2: off in Kiev the minute those MiG thirty ones take
Speaker 2: off loaded for bear. Mister secretary, I'm sure you watched
Speaker 2: the debate the other night. There were a lot of
Speaker 2: questions about what would happen to Ukraine policy if Donald
Speaker 2: Trump were re elected. He was asked repeatedly, and we
Speaker 2: can share this moment of the debate with our audience
Speaker 2: whether he even wants Ukraine to win. Here's how it went.
Speaker 1: Do you want Ukraine to win this war?
Speaker 6: I want the war to stop. I want to save
Speaker 6: lives that are being uselessly, people being killed by the millions.
Speaker 6: It's the millions. It's so much worse than the numbers
Speaker 6: that you're getting, which are fake numbers. Look, we're in
Speaker 6: for two hundred and fifty billion or more because they
Speaker 6: don't ask Europe, which is a much bigger beneficiary to
Speaker 6: getting this thing done than we are.
Speaker 2: Mister secretary, you can weigh in on what you think
Speaker 2: of Trump two point zero might mean for Ukraine. But
Speaker 2: we hear from a lot of Trump supporters who say,
Speaker 2: you know what, no new war has started when he
Speaker 2: was in office and the world was a safer place.
Speaker 11: How do you respond, Well, I think that if you're
Speaker 11: going to be a world leader, you have to stand
Speaker 11: up to our enemies. You have to stand up to
Speaker 11: tyrants and to terrorists, and you have to build strong alliances.
Speaker 11: And that's not what Trump is about. Trump thinks that
Speaker 11: somehow he can operate alone and cut deals. I mean,
Speaker 11: the fact that he would not say that Ukraine should
Speaker 11: be successful at defending their democracy tells you an awful
Speaker 11: lot about the way he approaches these issues. And it's
Speaker 11: basically appeasement. It's capitulating to our adversaries, and that's not
Speaker 11: a way to promote peace in the future. Yeah, I
Speaker 11: could get your piece in the short term. I mean,
Speaker 11: he said he can basically cut deals on all of
Speaker 11: the crises that we are facing right now. Yeah, he
Speaker 11: could by simply caving in and letting our adversaries get
Speaker 11: everything they want. You know, that's an approach, frankly, that
Speaker 11: Neville Chamberlain tried with Hitler in Czechoslovakia, and in the end,
Speaker 11: it didn't pay off then and it won't pay off now.
Speaker 11: So I would prefer a president that is willing to
Speaker 11: stand up to our adversaries, build strong alliances, and exercise
Speaker 11: responsible world leadership. And that's not what Trump does. He
Speaker 11: didn't do it in his first term, and he wouldn't
Speaker 11: do it as another president.
Speaker 2: Well, you know, he likes to take credit for encouraging
Speaker 2: incentivizing European nations to contribute more to NATO, for instance,
Speaker 2: What would happen to that alliance under a Trump two
Speaker 2: point zero.
Speaker 11: I'm just afraid that deep down Trump, and he's pretty
Speaker 11: much said it. As an isolationist, he wants to withdraw
Speaker 11: from the rest of the world and basically handle things
Speaker 11: on his own. And my view is that we live
Speaker 11: in a dangerous world that requires United States world leadership,
Speaker 11: and it requires our ability to work closely with our allies.
Speaker 11: That's the key to being able to confront tyrants and
Speaker 11: terrorists in the world. And so I just worry that
Speaker 11: what he would try to do is basically weaken our
Speaker 11: relationship with our allies try to operate alone. And look,
Speaker 11: you know, I mean the record is not that good.
Speaker 11: I mean, he spent three meetings sitting down with Kim
Speaker 11: Jong mun and didn't get a damn thing. So I'm
Speaker 11: not that that encouraged that he knows how to cut
Speaker 11: a good deal.
Speaker 2: How well do you know Vice President Harris mister secretary
Speaker 2: her experience has been called into question by her rival
Speaker 2: in this case, does she have the confidence to run
Speaker 2: the United States military?
Speaker 11: I think she does. You know, I've known her since
Speaker 11: she was a prosecuting attorney. I knew her as a
Speaker 11: district attorney and as Attorney General, and I find her
Speaker 11: to be a pragmatic prosecutor, which is not a bad
Speaker 11: thing to be when you're going to be president in
Speaker 11: the United States and have to deal with challenges and
Speaker 11: look at the evidence involved with each of those challenges
Speaker 11: and crises. So I have a feeling based on what
Speaker 11: I saw or do as Vice President meeting with foreign leaders,
Speaker 11: understanding the crises that are out there, Understanding the role
Speaker 11: that the United States has to play, and most importantly,
Speaker 11: respecting not just the role of our veterans, which Trump
Speaker 11: continues to criticize, but understanding the role of our military.
Speaker 11: The role of our military is to defend us from
Speaker 11: foreign enemies. It's not to threaten Americans. It's not to
Speaker 11: round up immigrants into camps. Our military has its first
Speaker 11: loyalty to the Constitution of the United States, not to
Speaker 11: the President.
Speaker 2: I have to ask you about what's happening in the
Speaker 2: Middle East before we let you go, mister Secretary. There's
Speaker 2: news that the US is bringing the USS Teddy Roosevelt home.
Speaker 2: We had a rare moment where two carrier strike groups
Speaker 2: were in the region for fear that Iran would retaliate.
Speaker 2: Does this tell us that that threat level has diminished
Speaker 2: so much that we don't need the deterrence any longer.
Speaker 11: No, not at all. And my understanding is that the
Speaker 11: Harry Truman carrier is going to be deployed to that
Speaker 11: area soon, and I think we will continue to have
Speaker 11: to provide the military protection in that region, particularly if
Speaker 11: there's no ceasefire. We're going to continue to see missiles
Speaker 11: thrown at one another, and the United States has got
Speaker 11: to be prepared to defend against those missiles, particularly in
Speaker 11: the Red where the Houthis have continued to go after
Speaker 11: ships in the Red Sea. So I believe will continue
Speaker 11: to have a strong presence in the Middle East.
Speaker 2: Fascinating. I think that's news there. The Harry Truman apparently
Speaker 2: on its way. Leon Pennet, it's great to see you,
Speaker 2: mister Secretary. Thank you so much for being with us.
Speaker 2: As always, the insights on Bloomberg TV and Radio from
Speaker 2: the former Secretary of Defense, former director of the CIA,
Speaker 2: and former White House Chief of Staff, never mind member
Speaker 2: of Congress. He's now founder of the Panetta Institute. Thanks
Speaker 2: for listening to the Balance of Power podcast. Make sure
Speaker 2: to subscribe if you haven't already, at Apple, Spotify, or
Speaker 2: wherever you get your podcasts, and you can find us
Speaker 2: live every weekday from Washington, DC at noontime Eastern at
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