1 00:00:03,200 --> 00:00:06,600 Speaker 1: Global business news twenty four hours a day, if Bloomberg 2 00:00:06,640 --> 00:00:09,720 Speaker 1: dot Com, the Radio plus mobile app and on your radio. 3 00:00:10,000 --> 00:00:14,360 Speaker 1: This is a Bloomberg Business Flash from Bloomberg World Handquaters. 4 00:00:14,440 --> 00:00:17,720 Speaker 1: I'm Charlie Pellet. Stalks are lower. Crude oil now at 5 00:00:17,760 --> 00:00:21,080 Speaker 1: forty five eleven and barrel it is down four point 6 00:00:21,200 --> 00:00:25,080 Speaker 1: nine percent, Gold down five thirty the thirteen sixty one 7 00:00:25,120 --> 00:00:28,240 Speaker 1: to drop there of four tenths of one percent. Treasury 8 00:00:28,320 --> 00:00:31,920 Speaker 1: is falling with gold amid easing demand for haven assets 9 00:00:31,920 --> 00:00:35,040 Speaker 1: ahead of tomorrow's payrolls report. The ten you're down six 10 00:00:35,080 --> 00:00:38,600 Speaker 1: thirty seconds. Zeal there one point three nine percent. Equities 11 00:00:38,600 --> 00:00:41,480 Speaker 1: lower across the board, Nestack dropping a point a little 12 00:00:41,560 --> 00:00:44,519 Speaker 1: change there. We've got the SMP down nine points, a 13 00:00:44,640 --> 00:00:47,040 Speaker 1: drop of four tenths of one percent, The down down 14 00:00:47,159 --> 00:00:50,040 Speaker 1: ninety one points, a drop of five tenths of one percent. 15 00:00:50,440 --> 00:00:55,440 Speaker 1: I'm Charlie Pellett. That's a Bloomberg Business flash. You're listening 16 00:00:55,520 --> 00:00:59,480 Speaker 1: to taking Stock with Kathleen and pin Box on Bloomberg Radio. 17 00:01:00,200 --> 00:01:02,840 Speaker 1: How Speaker Paul Ryan has sent a letter to the 18 00:01:02,880 --> 00:01:06,959 Speaker 1: Director of National Intelligence, James Clapper, requesting that he denied 19 00:01:07,000 --> 00:01:09,800 Speaker 1: any classified information to Hillary Clinton for the rest of 20 00:01:09,800 --> 00:01:14,679 Speaker 1: the twenties sixteen campaign. Let's find out more about Hillary Clinton, 21 00:01:14,880 --> 00:01:18,600 Speaker 1: the email scandal and James Comey, the director of the FBI, 22 00:01:18,720 --> 00:01:21,160 Speaker 1: testifying before Congress today. I want to bring it in 23 00:01:21,200 --> 00:01:25,880 Speaker 1: the thesis national security reporter for Bloomberg News. Thanks for 24 00:01:25,959 --> 00:01:27,840 Speaker 1: joining us and the FISAI tell us a little bit 25 00:01:27,880 --> 00:01:31,120 Speaker 1: about what is at stake here in terms of the 26 00:01:31,160 --> 00:01:35,080 Speaker 1: sort of reputation of the FBI and the Justice Department. Hi. 27 00:01:35,319 --> 00:01:39,880 Speaker 1: Thanks yeah. Today, UH, Director James Komey was under an 28 00:01:39,880 --> 00:01:45,560 Speaker 1: intense grilling from the Committee on Oversight Government Reform. He 29 00:01:45,760 --> 00:01:48,320 Speaker 1: was answering a lot of questions about whether there was 30 00:01:48,360 --> 00:01:51,720 Speaker 1: any kind of biased or political influence from Hillary Clinton 31 00:01:51,840 --> 00:01:55,120 Speaker 1: the campaign on his decision not to bring about criminal 32 00:01:55,240 --> 00:02:00,000 Speaker 1: charges over the use of private email while she was secretary, 33 00:02:01,040 --> 00:02:04,960 Speaker 1: and UH call me reinforced his message from a couple 34 00:02:04,960 --> 00:02:06,560 Speaker 1: of days ago when he said they would not bring 35 00:02:06,600 --> 00:02:10,080 Speaker 1: about charges, repeating himself several times and saying that no 36 00:02:10,120 --> 00:02:12,840 Speaker 1: matter the circumstances, he would have reached the same conclusion. 37 00:02:13,280 --> 00:02:16,800 Speaker 1: He spoke about how they had question Clinton some of 38 00:02:16,840 --> 00:02:20,320 Speaker 1: his agents on Saturday, UH and found that she didn't 39 00:02:20,320 --> 00:02:23,200 Speaker 1: really have an intent to you know, break any laws, 40 00:02:23,280 --> 00:02:26,040 Speaker 1: and so again saying why he came to that conclusion. 41 00:02:27,040 --> 00:02:30,640 Speaker 1: Republican chairman of this committee, Jason Chavitz, said that he 42 00:02:30,720 --> 00:02:34,000 Speaker 1: was mystified and confused, um and saying that there seems 43 00:02:34,040 --> 00:02:36,800 Speaker 1: to be two standards for people who are safe, famous 44 00:02:36,800 --> 00:02:39,880 Speaker 1: such as Hillary Clinton and an average, an average Joe. 45 00:02:40,280 --> 00:02:42,960 Speaker 1: So again, they asked him, um, you know, was there 46 00:02:43,000 --> 00:02:45,960 Speaker 1: any type of double standard? And if so, um, you know, 47 00:02:46,160 --> 00:02:48,280 Speaker 1: was he did he take any bribes? Was there any 48 00:02:48,360 --> 00:02:50,440 Speaker 1: kind of influence? And he kept saying no, there was 49 00:02:50,480 --> 00:02:55,840 Speaker 1: no bias, and he dismissed any kind of accusations or 50 00:02:55,840 --> 00:03:00,120 Speaker 1: allegations that he was swayed in any kind of way. Oh, 51 00:03:00,440 --> 00:03:03,560 Speaker 1: he was certainly steadfast on that. You know. It was 52 00:03:03,600 --> 00:03:07,520 Speaker 1: a long testimony, and it's it's it's the story once 53 00:03:07,560 --> 00:03:12,200 Speaker 1: again is in everybody's eye. But along in answering many questions, 54 00:03:12,440 --> 00:03:15,560 Speaker 1: did he say something along the lines of he he 55 00:03:15,639 --> 00:03:18,360 Speaker 1: did not want to leave the impression that in similar 56 00:03:18,400 --> 00:03:21,600 Speaker 1: cases there would not be consequences that others might have 57 00:03:21,680 --> 00:03:24,519 Speaker 1: to face. Does that then give the critics some grounds 58 00:03:24,520 --> 00:03:27,440 Speaker 1: for saying, well, hey, if other people might have consequences 59 00:03:27,480 --> 00:03:30,600 Speaker 1: for this kind of action, why doesn't Hillary is it 60 00:03:30,639 --> 00:03:32,480 Speaker 1: just because she's running for president and you guys don't 61 00:03:32,520 --> 00:03:34,080 Speaker 1: want to upset the apple cart. That seems to be 62 00:03:34,080 --> 00:03:36,720 Speaker 1: the sense, right, And you you heard that from some 63 00:03:36,760 --> 00:03:39,320 Speaker 1: other public alotmakers saying that, you know, are you creating 64 00:03:39,320 --> 00:03:42,440 Speaker 1: a precedent that you know, says Hillary Clinton becomes president, 65 00:03:42,520 --> 00:03:44,560 Speaker 1: she might be allowed to do the same thing. Or 66 00:03:44,600 --> 00:03:46,920 Speaker 1: if there's an average person who were under the same 67 00:03:47,000 --> 00:03:51,040 Speaker 1: kind of circumstances, uh, you know, high classified information, but 68 00:03:51,160 --> 00:03:53,560 Speaker 1: wasn't as high profile as as Hillary Clinton, that you're 69 00:03:53,560 --> 00:03:55,200 Speaker 1: saying that you know, she might be allowed he or 70 00:03:55,240 --> 00:03:56,840 Speaker 1: she might be allowed to get away with something like this. 71 00:03:56,960 --> 00:03:59,440 Speaker 1: And he said again and that you know, being able 72 00:03:59,480 --> 00:04:03,440 Speaker 1: to establish whether the person actually wanted to break the 73 00:04:03,520 --> 00:04:06,640 Speaker 1: law was part of what helped determine whether they were 74 00:04:06,680 --> 00:04:09,440 Speaker 1: going to bring about charges. And so that's what's making 75 00:04:09,440 --> 00:04:14,360 Speaker 1: it um you know, sort of a intense, attense discussion 76 00:04:14,400 --> 00:04:17,080 Speaker 1: intense time because there is a lot of discussion around 77 00:04:17,080 --> 00:04:19,080 Speaker 1: the fact that you know, it is Hillary Clinton, and 78 00:04:19,360 --> 00:04:23,200 Speaker 1: the timing of his announcement the other day, uh, two 79 00:04:23,240 --> 00:04:26,120 Speaker 1: days ago, where he made the announcement and then shortly 80 00:04:26,160 --> 00:04:28,479 Speaker 1: after that we had President Obama campaigning with her. Lu 81 00:04:28,560 --> 00:04:31,520 Speaker 1: Clinton so again, so the you know, congressmen were asking, 82 00:04:32,000 --> 00:04:35,240 Speaker 1: you know, did you plan that timing? They were suspicious 83 00:04:35,279 --> 00:04:39,279 Speaker 1: of how the events unfolded, and again because of Hilly 84 00:04:39,320 --> 00:04:42,760 Speaker 1: Clinton being the presumptive Democratic nominee NEPSA. So you, thank 85 00:04:42,800 --> 00:04:44,479 Speaker 1: you so very much for joining us on such a 86 00:04:44,520 --> 00:04:47,600 Speaker 1: busy afternoon for you and your team in Washington. She's 87 00:04:47,680 --> 00:04:51,200 Speaker 1: national security reporter fort Bloomberg and News. Now we turned 88 00:04:51,200 --> 00:04:55,160 Speaker 1: to Jennifer Jacobs, she's senior national political reporter for Bloomberg News, 89 00:04:55,200 --> 00:04:59,599 Speaker 1: also joining us from Washington today, and Jennifer, certainly the 90 00:05:00,080 --> 00:05:03,080 Speaker 1: BA may have declined to file any kind of charges 91 00:05:03,120 --> 00:05:05,760 Speaker 1: again Hillary Clinton, but we can be pretty sure that Republicans, 92 00:05:05,839 --> 00:05:09,799 Speaker 1: led by Donald Trump will be filing all kinds of charges. Uh, 93 00:05:09,839 --> 00:05:11,880 Speaker 1: in their in their remarks over this. What are you 94 00:05:11,920 --> 00:05:15,240 Speaker 1: hearing so far? Yes, um, I know that that was 95 00:05:15,279 --> 00:05:17,600 Speaker 1: a topic of of Donald Trump's meeting with some of 96 00:05:17,640 --> 00:05:20,320 Speaker 1: the members of Congress this morning, and in fact, one 97 00:05:20,360 --> 00:05:22,800 Speaker 1: member of Congress said he left that meeting saying that 98 00:05:22,839 --> 00:05:26,520 Speaker 1: he's more confident in than ever that Republicans can defeat 99 00:05:26,600 --> 00:05:29,680 Speaker 1: Hillary Clinton. Now, so it's definitely a point of confidence 100 00:05:29,720 --> 00:05:31,640 Speaker 1: for Republicans and something that they planned to use on 101 00:05:31,680 --> 00:05:34,000 Speaker 1: the campaign trail. Can you bring us up to date 102 00:05:34,120 --> 00:05:38,719 Speaker 1: on the vice presidential candidates for Donald Trump as the 103 00:05:38,720 --> 00:05:42,640 Speaker 1: Republican candidate for president? Yes, So, who knows who he's 104 00:05:42,680 --> 00:05:46,760 Speaker 1: going to choose? Um My sources familiar with the search 105 00:05:46,800 --> 00:05:49,240 Speaker 1: have told me he's narrowed it down to five people 106 00:05:49,600 --> 00:05:52,520 Speaker 1: that he intends to make up his mind, hopefully by 107 00:05:52,520 --> 00:05:54,640 Speaker 1: the end of next week, but definitely before the convention. 108 00:05:54,680 --> 00:05:57,120 Speaker 1: But he truly does not know yet who's he's going 109 00:05:57,160 --> 00:05:59,920 Speaker 1: to pick. The vetting process continues, but in the meantime 110 00:06:00,000 --> 00:06:01,839 Speaker 1: he seems to be having a lot of fun instead 111 00:06:01,880 --> 00:06:05,920 Speaker 1: of sneaking around and doing covert meetings with people. He's 112 00:06:05,960 --> 00:06:09,120 Speaker 1: been very public about it. He had Sarah Palin tag 113 00:06:09,120 --> 00:06:12,160 Speaker 1: along with him in Colorado Friday to a big fundraiser. 114 00:06:12,440 --> 00:06:15,760 Speaker 1: He played golf on Saturday with Mike Pence, the governor 115 00:06:15,800 --> 00:06:19,200 Speaker 1: of Indiana. On fourth of July, he had lunch in 116 00:06:19,240 --> 00:06:22,640 Speaker 1: New Jersey with Joni Ernst, the senator from Iowa. Um 117 00:06:22,640 --> 00:06:26,279 Speaker 1: in North Carolina, a big swing state. He had Tennessee 118 00:06:26,320 --> 00:06:29,520 Speaker 1: Senator Bob Corker on stage with him and flying with him. 119 00:06:29,600 --> 00:06:32,840 Speaker 1: Then last night in Ohio, it was another audition at 120 00:06:32,839 --> 00:06:35,320 Speaker 1: this time for new Grich the former speaker, and then 121 00:06:35,400 --> 00:06:38,680 Speaker 1: he caught up with just Jeff Sessions in DC today. 122 00:06:39,080 --> 00:06:42,240 Speaker 1: So he keeps tweeting about these meetings and talking about 123 00:06:42,240 --> 00:06:45,200 Speaker 1: it with reporters. So he's just building the intrigue. Who 124 00:06:45,200 --> 00:06:47,000 Speaker 1: knows whether he will pick any of these people are 125 00:06:47,040 --> 00:06:48,920 Speaker 1: also it will be someone you know whose name hasn't 126 00:06:48,960 --> 00:06:52,560 Speaker 1: even surfaced yet. But in the meantime, he's really stoking 127 00:06:52,600 --> 00:06:55,480 Speaker 1: the excitement over who he's going to pick. He certainly 128 00:06:55,640 --> 00:06:58,480 Speaker 1: is um, is there any So what's what's the deadline? 129 00:06:58,480 --> 00:07:01,880 Speaker 1: I mean, what how late can wait to tell us? Well, 130 00:07:01,920 --> 00:07:04,599 Speaker 1: he needs to for sure at the convention, and we're 131 00:07:04,640 --> 00:07:07,960 Speaker 1: eleven days out from the convention. But I'm told that 132 00:07:08,000 --> 00:07:10,120 Speaker 1: he will make up his mind next week. He has 133 00:07:10,120 --> 00:07:12,280 Speaker 1: not decided where he will announce, but he does want 134 00:07:12,280 --> 00:07:15,480 Speaker 1: to make a big announcement at the end of the week. Um. 135 00:07:15,520 --> 00:07:17,960 Speaker 1: And you know, in the meantime, he really seems to 136 00:07:18,000 --> 00:07:20,160 Speaker 1: be enjoying himself, and it seems like it's almost like 137 00:07:20,160 --> 00:07:23,160 Speaker 1: he's running promotions for a big primetime TV show. By 138 00:07:23,240 --> 00:07:25,920 Speaker 1: dropping all these hints, he's testing to see if these 139 00:07:25,960 --> 00:07:28,440 Speaker 1: prospects can really rile up a crowd and how how 140 00:07:28,440 --> 00:07:31,240 Speaker 1: the geop bass reacts to them. But also, even if 141 00:07:31,280 --> 00:07:33,840 Speaker 1: he doesn't pick obviously won't pick most of these people, 142 00:07:33,960 --> 00:07:38,040 Speaker 1: he's showcasing that he has the ability to have elected officials, 143 00:07:38,200 --> 00:07:42,040 Speaker 1: establishment Republicans respected people willing to stand up with him. 144 00:07:42,160 --> 00:07:45,280 Speaker 1: Joni Earns, for example. You know, she has said that 145 00:07:45,320 --> 00:07:47,480 Speaker 1: she's not being officially vetted, so it sounds like she's 146 00:07:47,600 --> 00:07:51,760 Speaker 1: crossed off our speculation list. But just by associating with her, 147 00:07:51,840 --> 00:07:55,240 Speaker 1: she was the first female combat veteran elected to the U. S. Senate. 148 00:07:55,760 --> 00:07:58,080 Speaker 1: Just by having her to lunch and be in public 149 00:07:58,120 --> 00:08:01,679 Speaker 1: about that. And perhaps Donald Trump helps himself with female 150 00:08:01,720 --> 00:08:04,680 Speaker 1: voters and with military members that sort of thing. So 151 00:08:04,800 --> 00:08:08,520 Speaker 1: just by associating with these people, he's trying to promote 152 00:08:08,560 --> 00:08:11,239 Speaker 1: himself in the campaign. Jennifer, can we just talk about 153 00:08:11,240 --> 00:08:13,920 Speaker 1: money for a second, because Donald Trump what he raised 154 00:08:13,920 --> 00:08:16,600 Speaker 1: more than twenty six million dollars through online and male 155 00:08:16,640 --> 00:08:19,960 Speaker 1: solicitations in June, plus another twenty five million at Republican 156 00:08:20,040 --> 00:08:23,320 Speaker 1: National Committee events. But that's less than Hillary Clinton. She's 157 00:08:23,440 --> 00:08:26,000 Speaker 1: raised sixty eight and a half million during the same 158 00:08:26,000 --> 00:08:29,280 Speaker 1: time period. Are we just going to see increasing amounts 159 00:08:29,280 --> 00:08:33,439 Speaker 1: of fundraising and as the GOP fundraising machine working. Yeah, 160 00:08:33,559 --> 00:08:35,960 Speaker 1: so Donald Trump is really really proud of that fifty 161 00:08:35,960 --> 00:08:38,679 Speaker 1: one million number that was for both the campaign and 162 00:08:38,760 --> 00:08:41,200 Speaker 1: for the Goop parties, even though you're right it was 163 00:08:41,440 --> 00:08:43,880 Speaker 1: much less than Hillary Clinton. But he pointed out he 164 00:08:44,080 --> 00:08:46,560 Speaker 1: was ramping up, he was just becoming the presumptive nominee. 165 00:08:46,600 --> 00:08:49,160 Speaker 1: He was just getting his fundraising operation going. And for 166 00:08:49,280 --> 00:08:50,840 Speaker 1: him to raise that much money in such a short 167 00:08:50,880 --> 00:08:55,280 Speaker 1: amount of time, they really started trying new tactics, doing emails, 168 00:08:55,320 --> 00:08:59,440 Speaker 1: these mass emails to Americans asking for small donations. He 169 00:08:59,520 --> 00:09:04,520 Speaker 1: got his sons involved. Um people really respond to his children, 170 00:09:04,559 --> 00:09:07,040 Speaker 1: to Ivanka, to Eric, to Don Jr. And so he 171 00:09:07,400 --> 00:09:11,320 Speaker 1: was having his son's send email solicious solicitations. He's been 172 00:09:11,360 --> 00:09:15,040 Speaker 1: advertising on Facebook, so he's he's just starting to branch out. 173 00:09:15,160 --> 00:09:18,280 Speaker 1: And he told members of Congress this morning in their 174 00:09:18,280 --> 00:09:21,000 Speaker 1: closed door meeting that he expects his July number to 175 00:09:21,040 --> 00:09:24,520 Speaker 1: be much bigger than his June number. So, inside the 176 00:09:24,520 --> 00:09:27,079 Speaker 1: Trump campaign and outside, when you talk to people on 177 00:09:27,240 --> 00:09:30,760 Speaker 1: the Hill, uh are they I mean, Donald Trump continues 178 00:09:30,800 --> 00:09:33,480 Speaker 1: to say things that maybe to light Democrats because I 179 00:09:33,480 --> 00:09:35,880 Speaker 1: think they're so terrible and outrageous and will turn off voters, 180 00:09:35,880 --> 00:09:38,560 Speaker 1: but they also seem to annoy Republicans because they're off message, 181 00:09:38,600 --> 00:09:41,040 Speaker 1: and they seem to be concerned that Donald Trump has 182 00:09:41,080 --> 00:09:43,720 Speaker 1: a hard time controlling what he says too much shooting 183 00:09:43,760 --> 00:09:46,520 Speaker 1: from the hip. What are you hearing right? Um? I 184 00:09:46,559 --> 00:09:49,440 Speaker 1: talked to several members of Congress after their meetings, and 185 00:09:50,080 --> 00:09:53,040 Speaker 1: h Read Ripple from Wisconsin said he's still not backing Trump. 186 00:09:53,360 --> 00:09:57,319 Speaker 1: He said the reaction in that meeting this morning was muted. UM. 187 00:09:57,360 --> 00:10:00,800 Speaker 1: But Trent Franks from Arizona, UH congressman from Arizona, said 188 00:10:00,840 --> 00:10:03,800 Speaker 1: he was a vociferous opponent to Donald Trump. He's now 189 00:10:03,840 --> 00:10:07,480 Speaker 1: one of his most committed backers. So it's it's just 190 00:10:07,640 --> 00:10:08,960 Speaker 1: you know, I was I was told in this meeting 191 00:10:09,000 --> 00:10:11,240 Speaker 1: this morning. Donald Trump did mention that fifty one million 192 00:10:11,280 --> 00:10:14,079 Speaker 1: that he raised. People raised some concerns that said, can 193 00:10:14,080 --> 00:10:17,360 Speaker 1: we trust you to follow through with these promises that 194 00:10:17,400 --> 00:10:20,160 Speaker 1: you're making on the campaign trail? Will you reform wealth 195 00:10:20,280 --> 00:10:23,439 Speaker 1: the welfare system? Will you help us defeat isis? Will 196 00:10:23,480 --> 00:10:26,240 Speaker 1: you help us secure the border? And his answers to 197 00:10:26,400 --> 00:10:28,480 Speaker 1: these members of Congress this morning, according to some of 198 00:10:28,480 --> 00:10:31,440 Speaker 1: the members, was very satisfying. So for the most part, 199 00:10:31,960 --> 00:10:34,480 Speaker 1: many of these members of Congress left these meetings and 200 00:10:34,520 --> 00:10:36,320 Speaker 1: told us that they felt pretty good about it. There 201 00:10:36,320 --> 00:10:38,440 Speaker 1: were some sense moments in the in the meeting with 202 00:10:38,480 --> 00:10:42,920 Speaker 1: the senators, um uh, we're hearing. The Washington Post reported 203 00:10:42,920 --> 00:10:45,560 Speaker 1: on that, But for the most part, it sounds like 204 00:10:45,880 --> 00:10:48,719 Speaker 1: they're building unity. People who didn't support him before are 205 00:10:48,760 --> 00:10:50,720 Speaker 1: now telling us that they're starting to come on board, 206 00:10:50,720 --> 00:10:52,880 Speaker 1: and they'll being They're very confident in him, in him. 207 00:10:52,920 --> 00:10:55,000 Speaker 1: Thank you very much for spending time with us and 208 00:10:55,320 --> 00:10:59,800 Speaker 1: illuminating the battle for the presidency. Jennifer Jacobs National senior 209 00:10:59,840 --> 00:11:03,480 Speaker 1: now sational political reporter for Bloomberg News. You're listening to 210 00:11:03,520 --> 00:11:07,080 Speaker 1: taking stock him pim Fox my co host Kathleen Hayes, 211 00:11:07,440 --> 00:11:09,240 Speaker 1: and this is Bloomberg