1 00:00:00,600 --> 00:00:02,560 Speaker 1: Thank you, Charlie. My name is Kevin Surly, and I 2 00:00:02,560 --> 00:00:05,400 Speaker 1: am the chief Washington correspondent for Bloomberg Television and for 3 00:00:05,440 --> 00:00:10,080 Speaker 1: Bloomberg Radio, accompanied by our all star policy panel Bloomberg 4 00:00:10,119 --> 00:00:13,800 Speaker 1: political contributors Rick Davis and Jeanie Shanday No, I gotta say, 5 00:00:13,920 --> 00:00:16,439 Speaker 1: since it's Friday, I'm feeling a little relaxed. Maybe I 6 00:00:16,440 --> 00:00:19,720 Speaker 1: shouldn't say this. Never in my life that I think 7 00:00:19,720 --> 00:00:22,639 Speaker 1: that I would say. I am awaiting an interview for 8 00:00:22,760 --> 00:00:27,320 Speaker 1: a secretary of a cabinet Secretary, Genie, to enter into 9 00:00:27,360 --> 00:00:30,760 Speaker 1: a zoom room so that I can conduct the interview. 10 00:00:31,080 --> 00:00:34,599 Speaker 1: And I am That's where we find ourselves on this Friday, 11 00:00:34,680 --> 00:00:38,400 Speaker 1: after this beautiful Friday afternoon. We are awaiting an official 12 00:00:38,520 --> 00:00:41,920 Speaker 1: of the United States government in this pandemic to enter 13 00:00:42,000 --> 00:00:44,320 Speaker 1: into a zoom room so that I can interview the 14 00:00:44,360 --> 00:00:48,199 Speaker 1: Secretary of Transportation Pee botat just some color on this Friday, Genie. 15 00:00:48,320 --> 00:00:51,280 Speaker 1: It's so true, Kevin Surly, and I cannot wait because 16 00:00:51,360 --> 00:00:53,280 Speaker 1: I am so excited to hear all the things you 17 00:00:53,280 --> 00:00:56,080 Speaker 1: have to ask him, because I have so many questions 18 00:00:56,080 --> 00:00:58,240 Speaker 1: and this is not the top one. But as you know, 19 00:00:58,760 --> 00:01:01,600 Speaker 1: he is starring in a new documentary that's coming on 20 00:01:01,680 --> 00:01:06,280 Speaker 1: Amazon made by one of my favorite, most favorite documentarians 21 00:01:06,319 --> 00:01:09,480 Speaker 1: who really made a beautiful movie. And his movie is 22 00:01:09,520 --> 00:01:11,920 Speaker 1: called May Repeat. They made Boy Staid as well, So 23 00:01:12,760 --> 00:01:14,520 Speaker 1: you know, there's just one little thing. It's not at 24 00:01:14,520 --> 00:01:16,800 Speaker 1: the top of your list. I understand you're much more 25 00:01:16,840 --> 00:01:19,280 Speaker 1: serious than that. Right after the gas tax I'll ask 26 00:01:19,360 --> 00:01:23,560 Speaker 1: him about the Friday, as you said. So I'm just 27 00:01:23,640 --> 00:01:25,840 Speaker 1: excited to hear what he has to say. I love this. 28 00:01:25,880 --> 00:01:28,000 Speaker 1: We should have we should have had our we should 29 00:01:28,000 --> 00:01:31,319 Speaker 1: have done this before. Rick Davis. Uh, you know, but seriously, 30 00:01:31,760 --> 00:01:35,840 Speaker 1: all kidding aside, Sorry, no, I love it. No, but 31 00:01:35,880 --> 00:01:38,480 Speaker 1: all kidding aside. I mean, here we are tonight awaiting 32 00:01:38,760 --> 00:01:41,399 Speaker 1: for the House of Representatives to pass their stimulus bill 33 00:01:41,680 --> 00:01:45,240 Speaker 1: after the Senate parliamentarian just ruled, and gonna happen with this, 34 00:01:45,360 --> 00:01:47,840 Speaker 1: with this minimum wage hike to be included in there, 35 00:01:47,880 --> 00:01:49,840 Speaker 1: and that that's no laughing matter in the sense that 36 00:01:50,120 --> 00:01:52,720 Speaker 1: for millions of Americans who were eager to know whether 37 00:01:52,840 --> 00:01:56,120 Speaker 1: or not they were going to get a wage increase 38 00:01:56,160 --> 00:01:58,440 Speaker 1: over the next couple of years. But it also has 39 00:01:58,480 --> 00:02:03,000 Speaker 1: substantial policy implications over the next six to nine months, 40 00:02:03,240 --> 00:02:06,320 Speaker 1: especially if a Secretary Booty Judge wants to pass an 41 00:02:06,320 --> 00:02:08,919 Speaker 1: infrastructure package and they have to raise things like the 42 00:02:08,919 --> 00:02:11,560 Speaker 1: gas tax or dare I stay the corporate tax rate? Yeah. 43 00:02:11,600 --> 00:02:13,320 Speaker 1: I think that there are a lot of questions that 44 00:02:13,760 --> 00:02:17,160 Speaker 1: this passage tonight by the House of Representatives UH is 45 00:02:17,160 --> 00:02:19,880 Speaker 1: going to raise when this package one point nine train 46 00:02:19,919 --> 00:02:22,799 Speaker 1: and dollar package gets to the Senate. As you say, uh, 47 00:02:22,919 --> 00:02:26,240 Speaker 1: the the wage increases almost dead on arrival. It's been 48 00:02:26,320 --> 00:02:29,600 Speaker 1: judged to be not meeting the budget standards, so that 49 00:02:29,760 --> 00:02:31,840 Speaker 1: portion of it will be lifted out. What are they 50 00:02:31,840 --> 00:02:34,880 Speaker 1: gonna do with the money that was applied to that? Uh? 51 00:02:34,919 --> 00:02:38,919 Speaker 1: There is talk by Ron Widen to find a different alternative, 52 00:02:39,120 --> 00:02:43,520 Speaker 1: maybe tax corporations that wages aren't up to a certain level. 53 00:02:44,080 --> 00:02:46,160 Speaker 1: I think that debate is gonna get really hot in 54 00:02:46,160 --> 00:02:48,320 Speaker 1: the Senate, so we we expect a little bit of 55 00:02:48,400 --> 00:02:50,680 Speaker 1: fireworks one and this this bill gets to the Senate. 56 00:02:51,480 --> 00:02:53,560 Speaker 1: And here's a red headline that just across the Bloomberg 57 00:02:53,600 --> 00:02:55,840 Speaker 1: terminal that the FDA has said that the Johnson and 58 00:02:55,919 --> 00:03:01,079 Speaker 1: Johnson vaccine benefits outweigh the risks. So some more positive 59 00:03:01,080 --> 00:03:04,400 Speaker 1: news on this Friday on the vaccination front. Let's stick 60 00:03:04,400 --> 00:03:08,400 Speaker 1: with stimulus as we await the Transportation Secretary to join us. 61 00:03:08,880 --> 00:03:13,360 Speaker 1: I've got sound on this from Leader Kevin mc I 62 00:03:13,440 --> 00:03:17,200 Speaker 1: don't have sound on this from Leader Kevin McCarthy. I 63 00:03:17,320 --> 00:03:19,880 Speaker 1: was just told but Leader McCarthy, I'll read the quote 64 00:03:20,080 --> 00:03:22,480 Speaker 1: that I have in front of me. He said, quote, Uh, Genie, 65 00:03:22,600 --> 00:03:25,160 Speaker 1: this isn't for the progressive wing of the party who 66 00:03:25,240 --> 00:03:27,400 Speaker 1: says they will not vote for the bill unless they 67 00:03:27,440 --> 00:03:29,840 Speaker 1: have that in there. He's referring to the minimum wage. 68 00:03:30,120 --> 00:03:34,440 Speaker 1: That's why I'll be voting no on the Pelosi payoff bill. 69 00:03:34,680 --> 00:03:38,120 Speaker 1: Republicans feel like this is a winning argument, Genie, that 70 00:03:38,160 --> 00:03:41,920 Speaker 1: they can go against uh, the uh, the stimulus. They're 71 00:03:41,960 --> 00:03:44,840 Speaker 1: they're not they're not too concerned about these polls. They 72 00:03:44,880 --> 00:03:46,720 Speaker 1: think that at the end of the day and in 73 00:03:46,760 --> 00:03:49,160 Speaker 1: a in a year or two, uh, that that this 74 00:03:49,200 --> 00:03:52,360 Speaker 1: will come back to haunts Democrats. And they're thinking that 75 00:03:52,440 --> 00:03:56,040 Speaker 1: particularly the members in the House, although not not solely 76 00:03:56,480 --> 00:03:59,400 Speaker 1: because they're base and the people who will be getting 77 00:03:59,440 --> 00:04:03,320 Speaker 1: out in the term do have issues with this bill. 78 00:04:03,360 --> 00:04:05,720 Speaker 1: I think it is a bit I think it is 79 00:04:05,760 --> 00:04:09,320 Speaker 1: a win for Joe Biden that the parliamentarian took out 80 00:04:09,440 --> 00:04:12,760 Speaker 1: the minimum wage. I'm let me press you on this wife. 81 00:04:13,280 --> 00:04:15,960 Speaker 1: I think so, because I think then they're going to 82 00:04:16,000 --> 00:04:19,440 Speaker 1: try to either do a standalone which would allow him 83 00:04:19,480 --> 00:04:22,520 Speaker 1: to make the case for perhaps compromising which he wants 84 00:04:22,560 --> 00:04:25,719 Speaker 1: to do to an eleven dollar with the e verify. 85 00:04:25,800 --> 00:04:28,280 Speaker 1: You know that we have two proposals now that he 86 00:04:28,320 --> 00:04:32,480 Speaker 1: could potentially they Democrats could work with. I understand progressives 87 00:04:32,480 --> 00:04:35,200 Speaker 1: won't be happy about that, but he may be able 88 00:04:35,240 --> 00:04:37,400 Speaker 1: to get the sixty there, which would be I think 89 00:04:37,440 --> 00:04:39,839 Speaker 1: a big win for him. And then there's also this 90 00:04:40,000 --> 00:04:43,200 Speaker 1: backdoor idea that Bernie Sanders and Ron Wyden and some 91 00:04:43,279 --> 00:04:46,240 Speaker 1: of the other progressives in the Senate support, which would 92 00:04:46,279 --> 00:04:49,640 Speaker 1: be to give incentive to small companies and to penalize 93 00:04:49,680 --> 00:04:52,680 Speaker 1: big companies who don't pay fifteen dollar minimum wage. I 94 00:04:52,720 --> 00:04:55,200 Speaker 1: think Mansion and some of the moderates maybe a skeptical there, 95 00:04:55,240 --> 00:04:59,279 Speaker 1: but they do have some options. But my thought is 96 00:04:59,320 --> 00:05:02,640 Speaker 1: that this is a win for Biden because this bill 97 00:05:02,839 --> 00:05:06,320 Speaker 1: was not probably not going to get through if that 98 00:05:06,400 --> 00:05:08,840 Speaker 1: was included in it, and I think that administration was 99 00:05:08,880 --> 00:05:11,600 Speaker 1: aware of that well. And even to your point, Gun, 100 00:05:11,800 --> 00:05:15,520 Speaker 1: I mean, I've got Jen Jacobs, my friend Jen Jacobs, 101 00:05:15,520 --> 00:05:19,240 Speaker 1: reporting on the Bloomberg terminal, which she reports quote senior 102 00:05:19,279 --> 00:05:22,800 Speaker 1: executives for more than one hundred and fifty companies are 103 00:05:22,880 --> 00:05:26,320 Speaker 1: voicing support for President Biden's one point nine trillion dollars 104 00:05:26,360 --> 00:05:29,920 Speaker 1: stimulus package in a letter to congressional leaders urging them 105 00:05:29,920 --> 00:05:33,919 Speaker 1: to pass coronavirus relief. So it goes from David Solomon 106 00:05:34,400 --> 00:05:39,800 Speaker 1: of Goldman, Stephen Schwartzman of black Stone, Sundar Pecai of Google. 107 00:05:39,960 --> 00:05:42,679 Speaker 1: I mean, these are heavy hitters, and they write, quote 108 00:05:42,920 --> 00:05:46,400 Speaker 1: Congress should act swiftly and on a bipartisan basis to 109 00:05:46,560 --> 00:05:49,919 Speaker 1: authorize a stimulus and relief package along the lines of 110 00:05:49,960 --> 00:05:55,560 Speaker 1: the Biden Harris Administration's proposed American Rescue Plan. I mean 111 00:05:55,920 --> 00:06:01,120 Speaker 1: that right there, uh Rick Davis, uh is is really 112 00:06:01,720 --> 00:06:04,120 Speaker 1: you know, the private sector wants this just as much 113 00:06:04,160 --> 00:06:06,960 Speaker 1: as as the middle class and lower middle class wants this. 114 00:06:07,320 --> 00:06:09,599 Speaker 1: So what are I mean, you're there, You're our go 115 00:06:09,800 --> 00:06:12,760 Speaker 1: to Republican guru. What are the Republicans seeing that we're 116 00:06:12,760 --> 00:06:16,039 Speaker 1: not seeing? Well? I think that they're playing politics for 117 00:06:16,080 --> 00:06:18,799 Speaker 1: two thousand twenty two or two thousand twenty four, depending 118 00:06:18,839 --> 00:06:22,000 Speaker 1: upon who they are, and and they just have it 119 00:06:22,080 --> 00:06:25,520 Speaker 1: on faith that this big spending package they can demonize. 120 00:06:26,040 --> 00:06:29,600 Speaker 1: Um both Nancy Pelosi, Chuck Schumer, and ultimately Joe Biden. 121 00:06:30,120 --> 00:06:32,920 Speaker 1: The problem is they're not reading the polling data. I mean, 122 00:06:33,000 --> 00:06:37,000 Speaker 1: this is a wildly uh popular measure that the Biden 123 00:06:37,000 --> 00:06:41,839 Speaker 1: administration is promoting. Uh. Republicans think it's a good idea, 124 00:06:42,279 --> 00:06:46,080 Speaker 1: a much higher percentage of Democrats and independence. All right, 125 00:06:46,120 --> 00:06:49,719 Speaker 1: we go now to the White House where Transportation Secretary 126 00:06:49,720 --> 00:06:52,640 Speaker 1: Piopoota Judge joins us via telephone. Mr Secretary, thank you 127 00:06:52,640 --> 00:06:55,240 Speaker 1: for joining us. A big night for the administration. As 128 00:06:55,279 --> 00:06:59,400 Speaker 1: the House of Representatives votes to pass this one point 129 00:06:59,440 --> 00:07:03,880 Speaker 1: nine trillly dollar stimulus bill. But I gotta be candid. 130 00:07:03,920 --> 00:07:06,640 Speaker 1: It heads to the Senate where the minimum wage increase 131 00:07:06,839 --> 00:07:09,000 Speaker 1: is not going to be included because of that Senate 132 00:07:09,000 --> 00:07:14,840 Speaker 1: parliamentary terry and ruling. Are you still optimistic that it 133 00:07:14,920 --> 00:07:18,840 Speaker 1: could eventually be included, if not in this stimulus bill 134 00:07:19,160 --> 00:07:22,680 Speaker 1: in another vehicle? Well, what we know. What we know 135 00:07:22,760 --> 00:07:25,520 Speaker 1: is the American people want this. It's good for the economy, 136 00:07:25,520 --> 00:07:29,080 Speaker 1: it's good for workers, it's good for families, and so, uh, 137 00:07:29,120 --> 00:07:31,720 Speaker 1: we remain committed to this as a matter of policy. 138 00:07:31,840 --> 00:07:35,520 Speaker 1: And you know, whatever the mechanics are on Capitol Hill, 139 00:07:35,720 --> 00:07:38,120 Speaker 1: bottom line is it's gonna make a big difference, and 140 00:07:38,120 --> 00:07:41,280 Speaker 1: it's a good idea. Uh. In meantime, we are pursuing 141 00:07:41,280 --> 00:07:44,080 Speaker 1: this rescue plan that is just so important at a 142 00:07:44,120 --> 00:07:46,720 Speaker 1: moment when we are a long way from being out 143 00:07:46,720 --> 00:07:49,000 Speaker 1: of the woods. We have got to get doses of 144 00:07:49,080 --> 00:07:51,280 Speaker 1: vaccine out to sights, we gotta get shots in arms, 145 00:07:51,280 --> 00:07:54,400 Speaker 1: and we've gotta get checks out to families. Uh a uh. 146 00:07:55,120 --> 00:07:58,960 Speaker 1: An abundantly bipartisan majority of the American people want this 147 00:07:59,080 --> 00:08:01,320 Speaker 1: to be done. We're hoping that will amount to a 148 00:08:01,320 --> 00:08:05,200 Speaker 1: bipartisan majority on Capitol Hill too. Just just to stay 149 00:08:05,200 --> 00:08:07,760 Speaker 1: on the issue of the minimum wage. Just for a 150 00:08:07,880 --> 00:08:10,200 Speaker 1: follow up, do you think that Democrats should abolish the 151 00:08:10,200 --> 00:08:12,480 Speaker 1: filibuster and if so, what would that mean for the 152 00:08:12,480 --> 00:08:15,200 Speaker 1: rest of Biden's agenda. If they don't, you know, I'll 153 00:08:15,280 --> 00:08:17,840 Speaker 1: let the presidents speak to that. What we know is 154 00:08:17,920 --> 00:08:21,880 Speaker 1: that again we're talking about things that the American people want. Uh. 155 00:08:21,920 --> 00:08:24,480 Speaker 1: And you know, you can you can only face down 156 00:08:24,480 --> 00:08:26,640 Speaker 1: the American people for so long when they say loud 157 00:08:26,640 --> 00:08:29,440 Speaker 1: and clear that these kinds of policy changes are needed. 158 00:08:29,520 --> 00:08:31,600 Speaker 1: This is part of why the American people chose Joe 159 00:08:31,600 --> 00:08:35,080 Speaker 1: Biden to be president. Camp campaigning on a promise to 160 00:08:35,120 --> 00:08:38,000 Speaker 1: deliver this kind of relief and support for American families. 161 00:08:38,320 --> 00:08:40,800 Speaker 1: And that's why we have such optimism that it will 162 00:08:40,840 --> 00:08:45,040 Speaker 1: be able, even in Washington, to carry the day. As 163 00:08:45,080 --> 00:08:47,840 Speaker 1: you look in this particular plan. One of the issues 164 00:08:47,840 --> 00:08:50,280 Speaker 1: that I think has not been covered enough is is 165 00:08:50,320 --> 00:08:52,600 Speaker 1: the effect that the stimulus would have on veterans. You've 166 00:08:52,600 --> 00:08:57,319 Speaker 1: obviously served, uh in the military, but just we talked 167 00:08:57,360 --> 00:08:59,880 Speaker 1: so much, especially on this program, about the effect that 168 00:09:00,040 --> 00:09:02,840 Speaker 1: the this has on the private sector, on small businesses 169 00:09:02,840 --> 00:09:06,200 Speaker 1: on Main Street, that debate about minimum wage for restaurants. 170 00:09:06,200 --> 00:09:09,559 Speaker 1: But how will this stimulus bill directly affect veterans who 171 00:09:09,559 --> 00:09:14,880 Speaker 1: have been absolutely crushed by this economic downtterm. Well, that's 172 00:09:14,880 --> 00:09:17,720 Speaker 1: exactly right. You look at the economic hardship, unemployment rates, 173 00:09:17,760 --> 00:09:20,160 Speaker 1: things that veterans are up against, and uh, you know, 174 00:09:20,240 --> 00:09:23,240 Speaker 1: veterans are are Americans who have given so much to 175 00:09:23,320 --> 00:09:26,960 Speaker 1: this country, deserve for this country to take care of them, 176 00:09:27,000 --> 00:09:29,520 Speaker 1: to to make sure that, uh, this is a country 177 00:09:29,559 --> 00:09:32,240 Speaker 1: that is economically strong, just as they've put their lives 178 00:09:32,280 --> 00:09:34,720 Speaker 1: on the line to make sure that this country is 179 00:09:34,760 --> 00:09:38,280 Speaker 1: physically strong. And whether we're talking about the public health benefits, 180 00:09:38,520 --> 00:09:42,319 Speaker 1: the educational benefits or the simple cash benefits that are 181 00:09:42,360 --> 00:09:46,240 Speaker 1: clearly needed, that are again wildly popular in terms of 182 00:09:46,280 --> 00:09:49,280 Speaker 1: bipartisan support among the American people. Uh, it feels to 183 00:09:49,400 --> 00:09:52,920 Speaker 1: us like a no brainer for Congress to act. Secretary 184 00:09:52,960 --> 00:09:57,400 Speaker 1: Bruta Jedge, you know, prior obviously to to your becoming secretary, 185 00:09:57,440 --> 00:10:00,880 Speaker 1: you are the former South ben mayor at and you 186 00:10:00,920 --> 00:10:04,680 Speaker 1: know when you put it through that perspective of the heartland. Uh. 187 00:10:04,720 --> 00:10:09,320 Speaker 1: And and some of these economic dire needs of small businesses, 188 00:10:10,760 --> 00:10:13,400 Speaker 1: I'm curious if you think that they would be able 189 00:10:13,400 --> 00:10:15,679 Speaker 1: to afford or whether there needs to be more done 190 00:10:16,000 --> 00:10:20,560 Speaker 1: in terms of retraining for for emerging industries. So many, unfortunately, 191 00:10:20,920 --> 00:10:23,120 Speaker 1: of these industries that have been ravaged by the pandemic. 192 00:10:23,360 --> 00:10:25,439 Speaker 1: The data suggests that they're just not going to come back, 193 00:10:25,480 --> 00:10:26,720 Speaker 1: or if they do come back, it's going to be 194 00:10:26,720 --> 00:10:30,280 Speaker 1: a sliver of what they were. Uh. Is there enough 195 00:10:30,320 --> 00:10:35,240 Speaker 1: money in this stimulus for retraining for the middle class? Well, 196 00:10:35,240 --> 00:10:38,080 Speaker 1: when it comes to retraining, my answer is yes, but yes, 197 00:10:38,120 --> 00:10:39,679 Speaker 1: we've got to do it. We've got to make sure 198 00:10:39,679 --> 00:10:42,760 Speaker 1: that we're preparing workers for the jobs that are going 199 00:10:42,800 --> 00:10:46,000 Speaker 1: to be growing, because we know are going to be 200 00:10:46,040 --> 00:10:50,280 Speaker 1: full of technological and economic change. The butt is that 201 00:10:50,600 --> 00:10:52,880 Speaker 1: retraining is not enough. We've also got to make sure 202 00:10:52,880 --> 00:10:56,200 Speaker 1: that we're supporting workers and working families. Uh, not just 203 00:10:56,240 --> 00:10:58,480 Speaker 1: in terms of the immediate mechanics of of getting the 204 00:10:58,520 --> 00:11:01,840 Speaker 1: next job, but being able be healthy and in thriving communities. 205 00:11:02,320 --> 00:11:04,600 Speaker 1: The rescue plan, let's be clear, is just that this 206 00:11:04,679 --> 00:11:06,400 Speaker 1: is a rescue plan. This is in order to make 207 00:11:06,400 --> 00:11:09,240 Speaker 1: sure that the economy and the country and families get 208 00:11:09,360 --> 00:11:13,240 Speaker 1: through this dark season and survive. It is uh the 209 00:11:13,360 --> 00:11:17,199 Speaker 1: first and not the last statement about the broader vision 210 00:11:17,200 --> 00:11:19,599 Speaker 1: that the president was elected to deliver, which is to 211 00:11:19,640 --> 00:11:22,640 Speaker 1: build back better. And uh, you know, once we have 212 00:11:22,760 --> 00:11:25,120 Speaker 1: been able to deliver this rescue plan, which is our 213 00:11:25,520 --> 00:11:28,840 Speaker 1: our total focus right now as an administration, then there's 214 00:11:28,840 --> 00:11:31,280 Speaker 1: an opportunity to zoom out to look at a bigger 215 00:11:31,320 --> 00:11:34,199 Speaker 1: picture and to look in particular at the ways where frankly, 216 00:11:34,240 --> 00:11:37,360 Speaker 1: we have been disinvesting as a country for a good 217 00:11:37,400 --> 00:11:40,240 Speaker 1: forty years or so, are paying the price, but don't 218 00:11:40,240 --> 00:11:42,560 Speaker 1: have to do it the old way anymore. And Uh, 219 00:11:42,640 --> 00:11:45,800 Speaker 1: I expect that you'll see a lot of discussion and 220 00:11:45,840 --> 00:11:48,800 Speaker 1: a lot of action going into this question of how 221 00:11:48,840 --> 00:11:50,839 Speaker 1: to make sure workers are ready. You look at my area, 222 00:11:50,920 --> 00:11:53,720 Speaker 1: loan transportation and some of the things that might be 223 00:11:53,760 --> 00:11:57,280 Speaker 1: happening in terms of automation, electrification. You know, that can 224 00:11:57,320 --> 00:11:59,400 Speaker 1: put a lot of jobs in danger, but it can 225 00:11:59,440 --> 00:12:01,760 Speaker 1: also create ate a lot of jobs if and only 226 00:12:01,840 --> 00:12:04,719 Speaker 1: if we're making the investments to make sure American workers win. 227 00:12:05,000 --> 00:12:06,640 Speaker 1: Let me let me follow up on that on that 228 00:12:06,720 --> 00:12:09,199 Speaker 1: job creation and from not only from a domestic standpoint, 229 00:12:09,200 --> 00:12:12,320 Speaker 1: but from a geopolitical one. What disadvantages the United States 230 00:12:12,320 --> 00:12:15,440 Speaker 1: that if it loses its its ground and their seeds 231 00:12:15,440 --> 00:12:18,600 Speaker 1: its grounds other countries like China, for example, Mr. Secretary, 232 00:12:18,720 --> 00:12:21,800 Speaker 1: where they are continuing to make those investments, not just 233 00:12:21,960 --> 00:12:24,439 Speaker 1: in their own infrastructure, but in their digital infrastructure as well. 234 00:12:25,640 --> 00:12:30,080 Speaker 1: Our strategic competitors are wasting no time in making these investments. 235 00:12:30,240 --> 00:12:32,720 Speaker 1: And they're not stupid. They're doing it because they know 236 00:12:32,800 --> 00:12:35,720 Speaker 1: it makes them more competitive, and if we're not doing it, 237 00:12:35,720 --> 00:12:38,280 Speaker 1: it makes us less competitive. We've got to invest in 238 00:12:38,360 --> 00:12:41,760 Speaker 1: human capital, just as we've got to invest in physical infrastructure, 239 00:12:42,000 --> 00:12:44,920 Speaker 1: and recognize that infrastructure for the future means things like 240 00:12:45,240 --> 00:12:48,880 Speaker 1: digital infrastructure, broadband. We've got to treat our national airspace 241 00:12:48,960 --> 00:12:51,080 Speaker 1: as a piece of infrastructure, even if it's not as 242 00:12:51,200 --> 00:12:54,160 Speaker 1: as tangible. Some you can grab hold of, and we 243 00:12:54,200 --> 00:12:57,560 Speaker 1: will absolutely be left behind if we don't. So this 244 00:12:57,679 --> 00:13:00,280 Speaker 1: is the season where we've got to decide whether the 245 00:13:00,320 --> 00:13:03,120 Speaker 1: US will lead the world or whether we're just another country. 246 00:13:03,600 --> 00:13:05,320 Speaker 1: So when Republicans say they don't want to bail out 247 00:13:05,320 --> 00:13:08,679 Speaker 1: blue states, you say, what this is about Americans? And 248 00:13:08,720 --> 00:13:11,719 Speaker 1: the President doesn't see blue Americans and red Americans. He 249 00:13:11,960 --> 00:13:15,000 Speaker 1: sees and we see in this Biden Haaris administration an 250 00:13:15,040 --> 00:13:18,120 Speaker 1: American people who are going to rise and fall together. 251 00:13:18,640 --> 00:13:20,560 Speaker 1: And by the way, our state and local governments have 252 00:13:20,720 --> 00:13:24,320 Speaker 1: often had to do a heroic job just of keeping 253 00:13:24,360 --> 00:13:27,720 Speaker 1: the lights on, of meeting those actual everyday needs. You know, 254 00:13:27,760 --> 00:13:30,360 Speaker 1: I think of this as a mayor where we didn't 255 00:13:30,360 --> 00:13:33,520 Speaker 1: have the option to shut down the government because we 256 00:13:33,520 --> 00:13:35,400 Speaker 1: were in charge of things that you literally need in 257 00:13:35,480 --> 00:13:37,800 Speaker 1: order to live, like drinking water. We've got to support 258 00:13:37,840 --> 00:13:40,839 Speaker 1: those local and state governments, and the presidents committed to 259 00:13:40,880 --> 00:13:43,760 Speaker 1: doing just that. Alright, just a two more questions for you, 260 00:13:43,880 --> 00:13:45,839 Speaker 1: Mr Secretary. I know it's a Friday, I know it's 261 00:13:45,920 --> 00:13:47,600 Speaker 1: it's been a long week. There's a huge vote. In 262 00:13:47,640 --> 00:13:49,920 Speaker 1: just a couple of hours, you were on the hill 263 00:13:50,200 --> 00:13:54,840 Speaker 1: Earlier this week, you testified before the Senate Commerce Committee, 264 00:13:54,840 --> 00:13:56,840 Speaker 1: and you were asked about whether or not the gas 265 00:13:56,920 --> 00:14:02,000 Speaker 1: tax could be included as a mechanism, Uh, for infrastructure. 266 00:14:02,280 --> 00:14:05,000 Speaker 1: Is this something that's on the table. You know, the 267 00:14:05,000 --> 00:14:08,040 Speaker 1: President has made a commitment that this administration will not 268 00:14:08,240 --> 00:14:11,480 Speaker 1: raise taxes on people making less than four hundred thousand 269 00:14:11,480 --> 00:14:14,520 Speaker 1: dollars a year, and so that rules out approaches like 270 00:14:14,600 --> 00:14:17,160 Speaker 1: the old fashioned gas tax. What we do know is 271 00:14:17,160 --> 00:14:19,880 Speaker 1: that we've got to come up with revenues that are 272 00:14:19,880 --> 00:14:22,320 Speaker 1: going to be sustainable, that are going to be predictable, 273 00:14:22,360 --> 00:14:23,960 Speaker 1: and that are going to be robust enough to get 274 00:14:24,000 --> 00:14:27,600 Speaker 1: us the highway infrastructure that we need. And look, whatever 275 00:14:27,720 --> 00:14:30,160 Speaker 1: happens in the short term in terms of our reliance 276 00:14:30,200 --> 00:14:32,280 Speaker 1: on the gas tex, let's remember that cars are using 277 00:14:32,320 --> 00:14:35,840 Speaker 1: less gas and eventually no gases electric vehicles kick in, 278 00:14:35,960 --> 00:14:37,800 Speaker 1: so sooner or later, we're going to have to think 279 00:14:37,840 --> 00:14:40,920 Speaker 1: in a more long term way about how we fund 280 00:14:40,920 --> 00:14:43,400 Speaker 1: our road infrastructure. And there's no time, like the President. 281 00:14:44,000 --> 00:14:45,880 Speaker 1: Some of us aren't even using cars, some of us 282 00:14:45,880 --> 00:14:48,680 Speaker 1: are using bikes. I don't tweet that much anymore, Mr Secretary, 283 00:14:48,760 --> 00:14:50,880 Speaker 1: but I am aware of what goes viral and I 284 00:14:50,920 --> 00:14:53,600 Speaker 1: gotta tell you, you have been going viral and you 285 00:14:53,640 --> 00:14:57,200 Speaker 1: were criticized. I say it respectfully. You were criticized for 286 00:14:57,280 --> 00:14:59,760 Speaker 1: by bike Twitter because you were riding your bike. He 287 00:14:59,800 --> 00:15:02,240 Speaker 1: does and do the car. He he was doing the 288 00:15:02,280 --> 00:15:05,880 Speaker 1: bike share back to his home and they said that 289 00:15:05,920 --> 00:15:08,840 Speaker 1: your seat was too low. And I'm just curious if 290 00:15:08,840 --> 00:15:11,720 Speaker 1: you're gonna I'm curious if you're going to weigh in 291 00:15:11,760 --> 00:15:13,920 Speaker 1: on this. And then from a serious standpoint, did you 292 00:15:13,920 --> 00:15:16,840 Speaker 1: have any ideas about expanding access to bike shares or 293 00:15:17,000 --> 00:15:19,400 Speaker 1: I don't know. You are the transportation secretary, now you 294 00:15:19,400 --> 00:15:21,320 Speaker 1: know maybe you had maybe you had a thought while 295 00:15:21,360 --> 00:15:24,640 Speaker 1: you were while you were peddling. Yeah, so you know, 296 00:15:24,680 --> 00:15:27,000 Speaker 1: I'm a big believer not only in making sure that 297 00:15:27,080 --> 00:15:30,120 Speaker 1: our cars are greener, but also that people have different 298 00:15:30,160 --> 00:15:33,160 Speaker 1: alternatives to get around and in making our communities more 299 00:15:33,200 --> 00:15:36,360 Speaker 1: bikeable is part of that. And I realized, actually I 300 00:15:36,400 --> 00:15:38,480 Speaker 1: was going through my HR paperwork coming on as an 301 00:15:38,480 --> 00:15:41,120 Speaker 1: employee like everybody else, and there was a sheet in 302 00:15:41,160 --> 00:15:43,640 Speaker 1: there to let me know there's a employee benefit that 303 00:15:43,720 --> 00:15:45,440 Speaker 1: we have a kind of a group membership in the 304 00:15:45,520 --> 00:15:47,640 Speaker 1: Capital bike share program where you can rent a bike 305 00:15:47,680 --> 00:15:50,240 Speaker 1: from any one of these convenient stations around town, and 306 00:15:50,520 --> 00:15:52,200 Speaker 1: so I thought I might as well practice what I 307 00:15:52,240 --> 00:15:55,080 Speaker 1: preach and go home that way, especially since it was 308 00:15:55,120 --> 00:15:58,280 Speaker 1: a pretty nice evening. So I've done it a couple 309 00:15:58,320 --> 00:16:01,440 Speaker 1: of times this week and took advantage of that program. 310 00:16:01,440 --> 00:16:03,840 Speaker 1: And look, this is a really important part of how 311 00:16:03,880 --> 00:16:08,360 Speaker 1: people can and should get around. It's it's it's cleaner, greener, healthier, 312 00:16:08,800 --> 00:16:11,360 Speaker 1: and in many cases more economical. And and we've got 313 00:16:11,360 --> 00:16:14,560 Speaker 1: to make sure our cities and communities are set up 314 00:16:14,560 --> 00:16:16,680 Speaker 1: for this. It's one more area where I hate to 315 00:16:16,680 --> 00:16:20,240 Speaker 1: see America behind other countries and other cities. So you'll 316 00:16:20,280 --> 00:16:23,800 Speaker 1: you'll see me out there preaching the virtues of of 317 00:16:23,800 --> 00:16:26,040 Speaker 1: biking to work and biking around for sure. But you know, 318 00:16:26,120 --> 00:16:28,480 Speaker 1: bike Twitter wasn't wrong. I was in a little bit 319 00:16:28,520 --> 00:16:29,640 Speaker 1: of a hurry to get home. I was a little 320 00:16:29,680 --> 00:16:32,200 Speaker 1: bit lazy about adjusting the seat, and uh it was 321 00:16:32,280 --> 00:16:35,240 Speaker 1: admittedly not exactly where it ought to be for an 322 00:16:35,280 --> 00:16:38,640 Speaker 1: efficient ride. Secretary Brutajesh, thank you so much there for 323 00:16:38,680 --> 00:16:40,680 Speaker 1: your time. I appreciate it, you know, breaking down all 324 00:16:40,680 --> 00:16:43,400 Speaker 1: the important issues from the gas tacts too to the 325 00:16:44,000 --> 00:16:48,440 Speaker 1: appropriate seed height. That is the Secretary of Transportation who 326 00:16:48,440 --> 00:16:52,920 Speaker 1: gets around on bike via or bike or car. Joining 327 00:16:53,000 --> 00:16:57,480 Speaker 1: us now for a complete analysis is our Bloomberg All 328 00:16:57,520 --> 00:17:03,280 Speaker 1: Star Policy Panel of Blue Enberg Politics contributors Rick Davis 329 00:17:03,320 --> 00:17:05,760 Speaker 1: and Genie Zano. Rick Davis, I mean, I thought he 330 00:17:05,800 --> 00:17:07,480 Speaker 1: made some news there on the gas tax. He walked 331 00:17:07,520 --> 00:17:10,560 Speaker 1: back a comment that he made on the that he 332 00:17:10,600 --> 00:17:13,200 Speaker 1: testified before the Cement Commerce Committee. Yeah, and the hearing 333 00:17:13,480 --> 00:17:15,720 Speaker 1: it sounded like that was a deal on the table, 334 00:17:15,840 --> 00:17:18,280 Speaker 1: and and I think he he walked it back with 335 00:17:18,520 --> 00:17:21,200 Speaker 1: a proper rationalization. It's a regressive tax. If you don't 336 00:17:21,200 --> 00:17:24,359 Speaker 1: want to tax people under certain income limit, you're you're 337 00:17:24,359 --> 00:17:26,520 Speaker 1: gonna have to do away with things like gas tacks. 338 00:17:26,800 --> 00:17:29,480 Speaker 1: It will raise an interesting debate, is that, Now, what 339 00:17:29,520 --> 00:17:31,639 Speaker 1: are you gonna do in an e V world? You know, 340 00:17:31,840 --> 00:17:34,879 Speaker 1: are you gonna start you know, you know, picking up 341 00:17:34,880 --> 00:17:39,720 Speaker 1: the tax at the charging station? Yeah? Right, And I 342 00:17:39,760 --> 00:17:45,240 Speaker 1: think especially as as another infrastructure battle goes forward, another 343 00:17:45,320 --> 00:17:49,040 Speaker 1: infrastructure battle goes forward, a Genie, you know, that is 344 00:17:49,080 --> 00:17:51,400 Speaker 1: really going to be one of the key issues and 345 00:17:51,400 --> 00:17:54,560 Speaker 1: and and an election mid term cycle, that gas tax 346 00:17:54,640 --> 00:17:57,919 Speaker 1: is going to be incredibly controversial, but really interesting to 347 00:17:58,000 --> 00:18:00,639 Speaker 1: hear the position that Secretary Booty Jezz put for it 348 00:18:00,840 --> 00:18:03,439 Speaker 1: really important that he walked that back tonight, and I 349 00:18:03,480 --> 00:18:06,719 Speaker 1: think that is big news coming out of this certainly. Um. 350 00:18:06,760 --> 00:18:10,400 Speaker 1: You know, it's unclear to me from based on his hearings, 351 00:18:10,840 --> 00:18:14,480 Speaker 1: his confirmation hearings, UM, where the Republicans are going to 352 00:18:14,640 --> 00:18:18,000 Speaker 1: come down. They keep saying they support an infrastructure bill, 353 00:18:18,119 --> 00:18:21,360 Speaker 1: they look forward to future discussions, but they have disagreements. 354 00:18:21,840 --> 00:18:23,679 Speaker 1: You know, it was unclear to me during the hearings 355 00:18:23,720 --> 00:18:26,400 Speaker 1: what those disagreements are, and in your discussion with him, 356 00:18:26,600 --> 00:18:29,040 Speaker 1: he laid out several things that he would like to 357 00:18:29,080 --> 00:18:33,040 Speaker 1: see happen. My question is the one you're raising about 358 00:18:33,040 --> 00:18:35,280 Speaker 1: the tax, the gas tax, is how are we going 359 00:18:35,359 --> 00:18:38,560 Speaker 1: to pay for that, particularly after this one point nine 360 00:18:38,600 --> 00:18:41,600 Speaker 1: trillion if it does pass COVID relief bill. And I 361 00:18:41,640 --> 00:18:43,040 Speaker 1: think that's where the rubber is going to hit the 362 00:18:43,119 --> 00:18:45,000 Speaker 1: road night. That's why I think it's so important about 363 00:18:45,000 --> 00:18:48,280 Speaker 1: the gas tex. Well, it's and it's hugely important in 364 00:18:48,359 --> 00:18:50,080 Speaker 1: terms of whether or not they're going to be able 365 00:18:50,080 --> 00:18:52,920 Speaker 1: to find revenue to pay for infrastructure at a time 366 00:18:52,960 --> 00:18:55,240 Speaker 1: in which they're likely going to pass a nearly two 367 00:18:55,280 --> 00:18:59,080 Speaker 1: trillion dollar economic stimulus bill. And again, just to reset here, 368 00:18:59,080 --> 00:19:02,240 Speaker 1: a major red line crossing the Bloomberg terminal. I alluded 369 00:19:02,280 --> 00:19:03,600 Speaker 1: to this at the top of the show, but here 370 00:19:03,600 --> 00:19:07,200 Speaker 1: it is again. Uh, the FDA advisors say that Johnson 371 00:19:07,200 --> 00:19:11,960 Speaker 1: and Johnson's COVID nineteen vaccine benefits outweigh the risks. Again, 372 00:19:12,000 --> 00:19:15,440 Speaker 1: FDA advisors say the j n J COVID nineteen vaccine 373 00:19:15,480 --> 00:19:19,200 Speaker 1: benefits outweigh the risks. So some positive news on the 374 00:19:19,280 --> 00:19:24,040 Speaker 1: vaccination front. You know, it's it's interesting to talk to 375 00:19:24,119 --> 00:19:29,679 Speaker 1: a cabinet secretary just before a major policy vote in 376 00:19:29,720 --> 00:19:33,200 Speaker 1: the House of Representatives, Rick, and you know, they want 377 00:19:33,200 --> 00:19:35,440 Speaker 1: to make no mistakes, they want to make no errors. 378 00:19:35,520 --> 00:19:36,919 Speaker 1: They just want to get this thing over to the 379 00:19:36,960 --> 00:19:41,600 Speaker 1: finish line. But behind the scenes, Uh, there is actually 380 00:19:41,640 --> 00:19:44,800 Speaker 1: a sigh of relief that the administration is breathing. That 381 00:19:45,040 --> 00:19:50,440 Speaker 1: the Senate Parliamentary in Elizabeth McDonough has really made the 382 00:19:50,480 --> 00:19:54,119 Speaker 1: wage increase issue a non issue in the sense that 383 00:19:54,280 --> 00:19:56,880 Speaker 1: they're able to move on from this Rick, and they're 384 00:19:56,920 --> 00:19:59,520 Speaker 1: not and they don't have to have an open debate 385 00:19:59,720 --> 00:20:03,600 Speaker 1: where Democrats are divided because Senator Cinema as well as 386 00:20:03,640 --> 00:20:06,400 Speaker 1: Senator Mansion has come out against it. Yeah, I think 387 00:20:06,440 --> 00:20:10,040 Speaker 1: that they got a favor right. I mean, they can 388 00:20:10,080 --> 00:20:12,080 Speaker 1: decry it as saying, oh, gee, you know, this is 389 00:20:12,119 --> 00:20:13,919 Speaker 1: an affair. We wanted to have a vote on this. 390 00:20:14,359 --> 00:20:16,720 Speaker 1: The Progressive Wayne was looking for a fight on this. 391 00:20:17,160 --> 00:20:19,480 Speaker 1: It's obviously going to pass in the in the bill 392 00:20:19,520 --> 00:20:23,760 Speaker 1: tonight in the House, but by the parliamentarian determining that 393 00:20:23,800 --> 00:20:26,359 Speaker 1: it doesn't meet budget requirements, uh, it just takes it 394 00:20:26,400 --> 00:20:28,199 Speaker 1: completely off the table. So there won't even be a 395 00:20:28,200 --> 00:20:30,879 Speaker 1: debate about this. There there will be debates about what 396 00:20:31,000 --> 00:20:34,639 Speaker 1: other things they can do to try and affect minimum wage. 397 00:20:34,680 --> 00:20:37,040 Speaker 1: And maybe there is, as Jennie was saying earlier in 398 00:20:37,080 --> 00:20:39,960 Speaker 1: the show, an effort toward a standalone bill, But at 399 00:20:40,000 --> 00:20:43,159 Speaker 1: this stage you're gonna have a completely different discussion in 400 00:20:43,200 --> 00:20:45,840 Speaker 1: the Senate. As soon as the House passes this bill, 401 00:20:45,880 --> 00:20:49,040 Speaker 1: and and and then you'll have to reconcile the two bills. 402 00:20:49,080 --> 00:20:51,199 Speaker 1: It Senate bill will not have this in it, in 403 00:20:51,240 --> 00:20:54,040 Speaker 1: the House bill will, And so when it goes to conference, 404 00:20:54,359 --> 00:20:56,160 Speaker 1: they're going to have to do some serious horse trading 405 00:20:56,200 --> 00:20:58,760 Speaker 1: because there's a big dollar difference between the two bills. 406 00:20:58,800 --> 00:21:01,160 Speaker 1: If that's the case. And to follow up on that, rick, 407 00:21:01,200 --> 00:21:03,679 Speaker 1: there is a big difference between the two and I 408 00:21:03,720 --> 00:21:07,040 Speaker 1: thought it was really important. Kevin asked about the filibuster, 409 00:21:07,160 --> 00:21:10,000 Speaker 1: because that's another issue, right, If they want to stand 410 00:21:10,000 --> 00:21:12,600 Speaker 1: alone minimum wage bill, you either got to compromise and 411 00:21:12,640 --> 00:21:15,600 Speaker 1: get the sixty or you can move on the filibuster. 412 00:21:16,119 --> 00:21:18,640 Speaker 1: And I am curious to see if there is any 413 00:21:18,680 --> 00:21:21,760 Speaker 1: support for that in the administration. Um there is some 414 00:21:21,840 --> 00:21:25,439 Speaker 1: support for that in Congress and particularly amongst progressives, but 415 00:21:25,480 --> 00:21:27,919 Speaker 1: I think that is going to continue to be raised 416 00:21:28,160 --> 00:21:31,440 Speaker 1: throughout this process. Well, Jennie, and as you know, there 417 00:21:31,560 --> 00:21:36,359 Speaker 1: is a deal between UH former Majority Leader Mitch McConnell 418 00:21:36,480 --> 00:21:40,159 Speaker 1: and and current Majority Leader Schumer that they won't break 419 00:21:40,240 --> 00:21:43,000 Speaker 1: that rule. And so is are we going to see 420 00:21:43,000 --> 00:21:46,199 Speaker 1: in the first year open rebellion against the rules that 421 00:21:46,200 --> 00:21:49,160 Speaker 1: they set at the beginning? If they say about deals, 422 00:21:49,800 --> 00:21:53,160 Speaker 1: I was gonna say the trust are made to be broken. 423 00:21:53,680 --> 00:21:56,480 Speaker 1: Just kidding. That's what they say in Delko, But not anymore. 424 00:21:56,560 --> 00:21:58,800 Speaker 1: I'm I'm true to my word. Hey Rick Davis, do 425 00:21:58,800 --> 00:22:02,440 Speaker 1: you have you ever? Have you ever used a bike share? Yeah? 426 00:22:02,520 --> 00:22:04,680 Speaker 1: I have in New York. I almost lost my life, 427 00:22:04,720 --> 00:22:07,560 Speaker 1: so I'll probably never to do it again. Rick gotta 428 00:22:07,600 --> 00:22:10,040 Speaker 1: wear a helmet, buddy, I gotta get him on a helmet. 429 00:22:10,080 --> 00:22:12,520 Speaker 1: What about a scooter? Does Rick Davis get around town 430 00:22:12,840 --> 00:22:16,600 Speaker 1: on a scooter? I had a scooter before they were electrified. 431 00:22:16,720 --> 00:22:18,600 Speaker 1: I had the ones you push with your feet and 432 00:22:18,760 --> 00:22:20,920 Speaker 1: almost killed myself with that too. So I'm just a 433 00:22:21,160 --> 00:22:25,160 Speaker 1: two foot man. I stay imbedded to the ground. I'm 434 00:22:25,160 --> 00:22:29,800 Speaker 1: not trying any new transportation. What about you, Genie scooter. 435 00:22:30,440 --> 00:22:33,320 Speaker 1: I am not a scooter or a bike person. I'm sorry, Kevin, 436 00:22:33,520 --> 00:22:37,040 Speaker 1: to you and the secretary. I flip flopped on that. 437 00:22:37,119 --> 00:22:38,879 Speaker 1: I used to hate the scooters, Now I love him. 438 00:22:39,040 --> 00:22:50,920 Speaker 1: I'm Kevin s. Really, this is Bloomberg. This is Bloomberg. 439 00:22:51,080 --> 00:22:56,800 Speaker 1: Sound on with n on Bloomberg Radio. You ever just 440 00:22:56,840 --> 00:23:01,639 Speaker 1: get to a Friday and you're like, thank you, swhere 441 00:23:01,640 --> 00:23:04,600 Speaker 1: I'm at. I'm Kevin CURRELI. I'm the chief Washington correspondent 442 00:23:04,640 --> 00:23:08,720 Speaker 1: for Bloomberg TV and for Bloomberg Radio, accompanied none other 443 00:23:08,760 --> 00:23:13,240 Speaker 1: than our Bloomberg Policy all star panel, Rick Davis and 444 00:23:13,359 --> 00:23:15,840 Speaker 1: Jennie Sean Zano and I gotta say it's a it takes, 445 00:23:15,920 --> 00:23:19,560 Speaker 1: it takes more than a village. It's Matt Shirley Christine 446 00:23:19,600 --> 00:23:23,520 Speaker 1: Barrata are our producer and executive producer, and of course 447 00:23:24,000 --> 00:23:26,679 Speaker 1: we've got Darden as I call them, Darden has been 448 00:23:26,720 --> 00:23:28,880 Speaker 1: sent down here to help us as well, and we've 449 00:23:28,880 --> 00:23:32,280 Speaker 1: been dardan Pula. We've been having a great time as 450 00:23:32,280 --> 00:23:34,680 Speaker 1: we've been putting together these shows on these Fridays. And 451 00:23:34,720 --> 00:23:37,119 Speaker 1: let me tell you, it's doing it virtually. It's interesting 452 00:23:37,240 --> 00:23:40,440 Speaker 1: enough about us, because it's all about you. Let's talk 453 00:23:40,440 --> 00:23:45,040 Speaker 1: to your politics. Um. Huge developments, Rick Davis on the 454 00:23:45,040 --> 00:23:48,080 Speaker 1: Saudi uh on the Saudi front, I mean, I'm diving 455 00:23:48,119 --> 00:23:51,320 Speaker 1: into the Bloomberg terminal. We finally got this jama Ka 456 00:23:51,400 --> 00:23:55,320 Speaker 1: Shogi report that came out, the intelligence report that was 457 00:23:55,359 --> 00:24:00,520 Speaker 1: released earlier today, and it here's the report quote. Saudi 458 00:24:00,560 --> 00:24:03,840 Speaker 1: Arabia's Crown Prince Mohammed been Salmon signed off on the 459 00:24:03,960 --> 00:24:07,280 Speaker 1: killing of Washington Post columnist Jamaka Shogi, according to the 460 00:24:07,359 --> 00:24:09,119 Speaker 1: U S intel report. I'm going to read from the 461 00:24:09,160 --> 00:24:12,920 Speaker 1: report quote, we assess that Saudi Arabia's Crown Prince Mohammed 462 00:24:12,960 --> 00:24:16,920 Speaker 1: but Salmon approved an operation in Istanbul, Turkey to capture 463 00:24:17,000 --> 00:24:21,040 Speaker 1: or kill Saudi journalist Jamaka Shogi. The report builds unclassified 464 00:24:21,040 --> 00:24:24,800 Speaker 1: intel from the CIA and other agencies after Kasos murder 465 00:24:25,040 --> 00:24:29,400 Speaker 1: in Octoberen inside the Saudi consulate and is stumble. Why 466 00:24:29,440 --> 00:24:33,040 Speaker 1: does this matter from a geopolitical standpoint, Rick Davis, Well, 467 00:24:33,040 --> 00:24:36,560 Speaker 1: Saudi Arabia has been our most reliable partner in the 468 00:24:36,560 --> 00:24:39,800 Speaker 1: Middle East. They've stood with us in two Gulf Wars 469 00:24:39,800 --> 00:24:42,600 Speaker 1: in the last twenty five years, and UH and the 470 00:24:43,560 --> 00:24:47,800 Speaker 1: regime has supported even our policies related to hydrocarbon so 471 00:24:48,440 --> 00:24:50,879 Speaker 1: um for a long time. They've been someone we can 472 00:24:50,960 --> 00:24:55,280 Speaker 1: rely on. The question of reliability is now very clear. 473 00:24:55,920 --> 00:25:00,840 Speaker 1: Can we trust the Crown Prince UH and BS too 474 00:25:01,840 --> 00:25:04,320 Speaker 1: be able to manage a country in a way that 475 00:25:04,440 --> 00:25:08,840 Speaker 1: we find meets our values and our standards. And what 476 00:25:09,000 --> 00:25:13,919 Speaker 1: this report tells us is that he hasn't done it today. Yeah, Jennie, 477 00:25:14,080 --> 00:25:16,800 Speaker 1: especially as we we talk about Iran and coming up 478 00:25:16,800 --> 00:25:18,720 Speaker 1: we're gonna we're gonna talk about Syria. But to stay 479 00:25:18,720 --> 00:25:22,639 Speaker 1: on on Saudi for a second, because of the new 480 00:25:22,680 --> 00:25:26,720 Speaker 1: relationship between the Israelis and the SAUDIASTUH, this report could 481 00:25:26,760 --> 00:25:31,439 Speaker 1: have significant reverberations through the region. It absolutely does have 482 00:25:31,520 --> 00:25:35,560 Speaker 1: significant reverberations, and I think it also is having reverberations 483 00:25:35,680 --> 00:25:39,280 Speaker 1: within the Democratic Party and here at home in particular. 484 00:25:40,080 --> 00:25:44,040 Speaker 1: Let's not forget that during the campaign Joe Biden candidate 485 00:25:44,640 --> 00:25:49,080 Speaker 1: called Saudi Arabia a pariah state with no redeeming social value. 486 00:25:49,520 --> 00:25:53,679 Speaker 1: You fast forward now he's thirty five days into his 487 00:25:53,720 --> 00:25:58,000 Speaker 1: administration and he is getting pushed back significant on a 488 00:25:58,040 --> 00:26:03,120 Speaker 1: decision not to penalize the Prince. And I think there 489 00:26:03,240 --> 00:26:07,119 Speaker 1: is reason to do that. But I we also know 490 00:26:07,280 --> 00:26:11,840 Speaker 1: that people on the democratic side, in particular civil libertarians, 491 00:26:11,920 --> 00:26:14,639 Speaker 1: human rights folks, they are not going to be happy 492 00:26:14,760 --> 00:26:19,159 Speaker 1: about a decision not to hold the Prince and the 493 00:26:19,160 --> 00:26:22,760 Speaker 1: Saudi Arabia accountable, and obviously for all the reasons that 494 00:26:22,840 --> 00:26:28,160 Speaker 1: Rick just laid out. All right. Meanwhile, another major development overnight, 495 00:26:28,200 --> 00:26:31,119 Speaker 1: the Biden administration has taken their first military action with 496 00:26:31,280 --> 00:26:34,960 Speaker 1: strikes on Syria. Militia's Jordan Fabian and Tony Capachio o 497 00:26:35,000 --> 00:26:37,640 Speaker 1: report on the Bloomberg Terminal quote the US carried out 498 00:26:37,640 --> 00:26:41,040 Speaker 1: air strikes in eastern Syria overnight on sites connected to 499 00:26:41,240 --> 00:26:44,119 Speaker 1: Iranni and backed groups believed to be involved in recent 500 00:26:44,160 --> 00:26:47,000 Speaker 1: attacks in Iraq. This is the first overt used to 501 00:26:47,080 --> 00:26:50,639 Speaker 1: military force under President Biden. The assault came after a 502 00:26:50,680 --> 00:26:54,040 Speaker 1: series of rocket attacks in recent days on facilities in 503 00:26:54,080 --> 00:26:57,080 Speaker 1: Iraq used by the United States, including one that killed 504 00:26:57,080 --> 00:27:01,320 Speaker 1: a contractor working with the US led coalition in the country. 505 00:27:01,400 --> 00:27:05,399 Speaker 1: At least twenty two Iraqi militants allied are allied with 506 00:27:05,520 --> 00:27:09,040 Speaker 1: Iran were killed and three ammunition trucks were destroyed in 507 00:27:09,040 --> 00:27:13,520 Speaker 1: the attack. I mean, Rick Davis, Uh, you know, as 508 00:27:13,600 --> 00:27:19,400 Speaker 1: this intensifies, uh and as the Iraq situation, and it's 509 00:27:19,480 --> 00:27:22,919 Speaker 1: it's in many ways a reversal from the type of 510 00:27:22,960 --> 00:27:26,040 Speaker 1: strategy that we've seen in the previous administration. But just 511 00:27:26,119 --> 00:27:29,040 Speaker 1: walk us through the significance of this first attack on 512 00:27:29,080 --> 00:27:32,520 Speaker 1: behalf of Biden. Yeah, everybody's gonna scrutinize this because it's 513 00:27:32,560 --> 00:27:36,199 Speaker 1: his first command um as a commander in chief to 514 00:27:36,280 --> 00:27:41,760 Speaker 1: the military to use lethal weapons uh in another country. Uh. 515 00:27:41,800 --> 00:27:46,520 Speaker 1: It is very tied into Kevin the entire debate around 516 00:27:46,560 --> 00:27:48,760 Speaker 1: Iran in their nuclear weapons. I mean, one, you have 517 00:27:48,800 --> 00:27:51,399 Speaker 1: to wonder what Iran is doing sponsoring these groups that 518 00:27:51,440 --> 00:27:54,640 Speaker 1: are attacking you a serviceman, if they're actually looking for 519 00:27:54,680 --> 00:27:57,400 Speaker 1: engagement with this administration. It's almost like a test how 520 00:27:57,440 --> 00:28:00,680 Speaker 1: far can we push him? His response show just how 521 00:28:00,720 --> 00:28:03,639 Speaker 1: far you cannot push him. And so, you know, the 522 00:28:03,880 --> 00:28:07,840 Speaker 1: proxy debate here is really Iran, not Syria. In Iraq 523 00:28:08,119 --> 00:28:11,440 Speaker 1: and So the question is does this attack now set 524 00:28:11,440 --> 00:28:14,639 Speaker 1: back or does it level set the debate that the 525 00:28:14,680 --> 00:28:17,680 Speaker 1: administrations trying to have with I ran on nuclear weapons, 526 00:28:18,440 --> 00:28:22,359 Speaker 1: And to your point, by by striking the facility in Syria, 527 00:28:22,600 --> 00:28:26,119 Speaker 1: the US avoids raising tensions if they were to have 528 00:28:26,240 --> 00:28:29,879 Speaker 1: strikes Iran. Who there at this point, Jennie trying to 529 00:28:29,920 --> 00:28:32,280 Speaker 1: persuade to come back to the negotiation table, and they've 530 00:28:32,280 --> 00:28:34,440 Speaker 1: had a little bit of, you know, difficulty in trying 531 00:28:34,480 --> 00:28:37,800 Speaker 1: to do that. It's it's interesting. I think it was 532 00:28:37,880 --> 00:28:40,880 Speaker 1: a smart decision that it was, you know, a scale 533 00:28:40,960 --> 00:28:43,680 Speaker 1: down attack, as you mentioned, it wasn't in Iran. It 534 00:28:43,760 --> 00:28:46,520 Speaker 1: was meant to, you know, not escalate the situation, if 535 00:28:46,560 --> 00:28:49,720 Speaker 1: you will. And obviously we are just at the very 536 00:28:49,760 --> 00:28:52,800 Speaker 1: early stages of this administration. I think we can't forget 537 00:28:53,080 --> 00:28:55,240 Speaker 1: that most of the people working on this in Joe 538 00:28:55,240 --> 00:28:58,080 Speaker 1: Biden's administration have been at this for many, many years 539 00:28:58,080 --> 00:29:01,360 Speaker 1: as part of the Obama administration. And I think very 540 00:29:01,440 --> 00:29:04,040 Speaker 1: very soon we're going to be asking questions the press, 541 00:29:04,120 --> 00:29:08,320 Speaker 1: academics and others, what is the strategy here visa vi Iran? 542 00:29:08,440 --> 00:29:11,600 Speaker 1: Are we entering back into this deal? What is going 543 00:29:11,680 --> 00:29:13,520 Speaker 1: to happen here? And I don't think we've had answers 544 00:29:13,560 --> 00:29:18,200 Speaker 1: to that yet. Exactly exactly, um, and it'll be fascinating. 545 00:29:18,200 --> 00:29:21,479 Speaker 1: Are coming up. I dream a lot about California. When 546 00:29:21,520 --> 00:29:22,920 Speaker 1: I was a kid, I wanted to live in California. 547 00:29:23,080 --> 00:29:25,360 Speaker 1: So we're gonna go interview the former San Diego Mayor 548 00:29:25,760 --> 00:29:28,840 Speaker 1: Kevin Faulkner, who is challenging Governor Newsom. He wants there 549 00:29:28,880 --> 00:29:33,080 Speaker 1: to be he wants there to be a recall against 550 00:29:33,120 --> 00:29:43,720 Speaker 1: Governor Newsome. That's coming up next. This is Bloomberg. This 551 00:29:44,120 --> 00:29:51,040 Speaker 1: is Bloomberg Sound On with Kevin on Bloomberg Radio. Kevin Cirelli, 552 00:29:51,200 --> 00:29:54,640 Speaker 1: Chief Washington correspondent for Bloomberg TV and Radio, along with 553 00:29:54,680 --> 00:30:00,200 Speaker 1: Bloomberg political contributors Jeni Zano and Rick Davis. Rough week 554 00:30:00,240 --> 00:30:04,240 Speaker 1: for some governors, Governor Cuomo, Governor Newsome, and I guess 555 00:30:04,240 --> 00:30:07,400 Speaker 1: Senator Ted Cruz after the whole Cancoon thing. But I 556 00:30:07,440 --> 00:30:11,040 Speaker 1: want to focus in on California, Genie. I mean for 557 00:30:11,080 --> 00:30:14,200 Speaker 1: Governor Newsom, he really could be recalled in a state. 558 00:30:14,840 --> 00:30:17,560 Speaker 1: Uh that I know, folks listening who are familiar with 559 00:30:17,640 --> 00:30:21,000 Speaker 1: California politics are thinking California would never flip. Well. Arnold 560 00:30:21,000 --> 00:30:28,000 Speaker 1: Schwarzenegger was a Republican and candidly, uh, Republican politics in 561 00:30:28,000 --> 00:30:31,640 Speaker 1: California are are not the same like they are down 562 00:30:31,680 --> 00:30:36,680 Speaker 1: to Marl Auto. And it's interesting because Arnold Schwarzinger, the 563 00:30:36,760 --> 00:30:40,400 Speaker 1: last Republican to be elected statewide in California was in 564 00:30:40,480 --> 00:30:43,360 Speaker 1: two thousand and six, I believe, and he was first elected, 565 00:30:43,360 --> 00:30:47,440 Speaker 1: as we we remember, in a recall election. So you know, 566 00:30:47,560 --> 00:30:50,120 Speaker 1: if this recall goes forward and it seems to be 567 00:30:50,160 --> 00:30:53,400 Speaker 1: picking up momentum to your point, it's a real possibility. 568 00:30:53,720 --> 00:30:56,920 Speaker 1: And we should also know that the Republican candidates in 569 00:30:56,960 --> 00:31:00,720 Speaker 1: the House who got some Democratic seats the last year, 570 00:31:01,320 --> 00:31:03,920 Speaker 1: there has been a case that they have been more 571 00:31:04,000 --> 00:31:07,320 Speaker 1: diverse than in previous years, and so there may be 572 00:31:07,440 --> 00:31:11,520 Speaker 1: momentum there. Although I'm curious to see, um what Kevin 573 00:31:11,520 --> 00:31:13,840 Speaker 1: Faulkner has to say about some of the differences in 574 00:31:13,880 --> 00:31:16,920 Speaker 1: the California Republican Party, because there is some infighting there 575 00:31:17,120 --> 00:31:19,840 Speaker 1: like there is nationwide between the moderates and the Conservatives. 576 00:31:20,400 --> 00:31:23,960 Speaker 1: But even to to to to that point precisely, I 577 00:31:23,960 --> 00:31:27,480 Speaker 1: mean Faulkner, mayor Faulkner of San Diego. When he was 578 00:31:27,840 --> 00:31:30,840 Speaker 1: first elected, you know, about a decade ago, he did 579 00:31:30,840 --> 00:31:34,600 Speaker 1: not give the r n C radio address. He's tried 580 00:31:34,640 --> 00:31:39,000 Speaker 1: to distance himself at the time from the party because 581 00:31:39,040 --> 00:31:42,720 Speaker 1: in San Diego that wouldn't play well. Rick Davis and 582 00:31:42,840 --> 00:31:46,200 Speaker 1: he's a he's not. I think it's almost unfair to 583 00:31:46,280 --> 00:31:49,040 Speaker 1: call the guy a Republican because he's just so. I mean, 584 00:31:49,040 --> 00:31:51,360 Speaker 1: he is a Republican, but he he's not the way 585 00:31:51,360 --> 00:31:55,640 Speaker 1: that Rick Davis and I and and Jeannie talk about Republicans. Izzy, Uh, 586 00:31:55,760 --> 00:32:00,200 Speaker 1: Rick Davis, Well, he is a classic old school California politician. Right. 587 00:32:00,240 --> 00:32:03,960 Speaker 1: He opposed for gun control. That's a better way to 588 00:32:04,000 --> 00:32:07,600 Speaker 1: say it. Go ahead, Yeah, he's he's he's for abortion rights, 589 00:32:07,640 --> 00:32:11,320 Speaker 1: he supports ethnic diversity. I mean, this guy is uh 590 00:32:11,480 --> 00:32:15,880 Speaker 1: typical of the Republicans that represented the state and statewide 591 00:32:15,880 --> 00:32:18,800 Speaker 1: successes we had with you know, Governor Duke Magin and 592 00:32:18,880 --> 00:32:22,680 Speaker 1: Pete Wilson and people like that. So he is old 593 00:32:22,720 --> 00:32:26,160 Speaker 1: school California Goop. The problem that he's got is that 594 00:32:26,240 --> 00:32:30,880 Speaker 1: the new school California goop is hard right Trump Conservatism. 595 00:32:31,320 --> 00:32:34,560 Speaker 1: They've made the party much smaller. They have fewer representatives 596 00:32:34,600 --> 00:32:37,960 Speaker 1: every year, and so the question is who's going to 597 00:32:38,080 --> 00:32:42,720 Speaker 1: hold the keys to the future elections? As you point out, uh. Great. 598 00:32:42,800 --> 00:32:45,440 Speaker 1: Davis was thrown out of the governorship by the last 599 00:32:45,840 --> 00:32:49,320 Speaker 1: uh time they had a recall, and Arnold Schwarzenegger took 600 00:32:49,320 --> 00:32:53,000 Speaker 1: advantage of it because you didn't need more than a plurality. 601 00:32:53,160 --> 00:32:56,000 Speaker 1: And in Arnold's first election he won by forty eight percent. 602 00:32:56,400 --> 00:33:00,160 Speaker 1: You could have the next governor, especially depending on how 603 00:33:00,160 --> 00:33:04,200 Speaker 1: many people run elected with far less than of the vote. 604 00:33:04,680 --> 00:33:08,000 Speaker 1: All right, let's bring in the other keV for this conversation, 605 00:33:08,160 --> 00:33:11,920 Speaker 1: the former mayor of San Diego, Kevin Faulkner. It's great 606 00:33:11,960 --> 00:33:14,760 Speaker 1: to talk with you, Mr Mayor. I want to start 607 00:33:14,800 --> 00:33:18,720 Speaker 1: with schools because that's been the big issue nationwide that 608 00:33:18,800 --> 00:33:23,200 Speaker 1: I think people are wondering is when ken kids, when kids, 609 00:33:23,240 --> 00:33:24,880 Speaker 1: what are the school is going to be reopened. You've 610 00:33:24,920 --> 00:33:28,120 Speaker 1: been really aggressive in terms of your criticism against the 611 00:33:28,160 --> 00:33:33,480 Speaker 1: Democrats in California. That's saying reopen the schools. Yeah, I have, Kevin, 612 00:33:33,560 --> 00:33:36,400 Speaker 1: And look, I believe that schools should be open now, 613 00:33:36,880 --> 00:33:39,880 Speaker 1: not next month, right now. And I say that, you know, 614 00:33:39,920 --> 00:33:41,880 Speaker 1: not just as a as a candidate for governor, but 615 00:33:41,920 --> 00:33:46,160 Speaker 1: as a father with two kids and in public schools. Uh, 616 00:33:46,160 --> 00:33:49,080 Speaker 1: you know, a computer screen is no substitute for a classroom. 617 00:33:49,120 --> 00:33:51,440 Speaker 1: And look at the fact that California is one of 618 00:33:51,480 --> 00:33:55,520 Speaker 1: the states that has not opened its public schools. The 619 00:33:55,560 --> 00:33:58,240 Speaker 1: fact that private schools are open in California and teachers 620 00:33:58,240 --> 00:34:02,160 Speaker 1: are safely teaching kids, they're safely learning in the classroom. 621 00:34:02,520 --> 00:34:06,600 Speaker 1: Look there, there's absolutely no reason why California public schools 622 00:34:06,760 --> 00:34:09,560 Speaker 1: have not been opened except for sailed leadership coming out 623 00:34:09,560 --> 00:34:12,200 Speaker 1: of the governor's office. You know, I do want to 624 00:34:12,239 --> 00:34:17,640 Speaker 1: also ask you about some of the economic um economic 625 00:34:18,160 --> 00:34:22,200 Speaker 1: developments in your state, because Governor Newsome had unveiled a 626 00:34:22,280 --> 00:34:25,520 Speaker 1: portion of his budget UH in which he called for 627 00:34:25,600 --> 00:34:29,960 Speaker 1: there to be zero emission vehicle infrastructure at one point 628 00:34:29,960 --> 00:34:33,000 Speaker 1: five billion dollars worth. You've said that in the middle 629 00:34:33,040 --> 00:34:36,360 Speaker 1: of the pandemic and a deep recession, California's highest priority 630 00:34:36,600 --> 00:34:42,600 Speaker 1: should not be zero emission vehicles. Why well, look, because 631 00:34:42,840 --> 00:34:45,640 Speaker 1: I think it's incredibly important that we focus on getting 632 00:34:45,640 --> 00:34:49,040 Speaker 1: our economy backs on track and supporting our businesses that 633 00:34:49,120 --> 00:34:51,840 Speaker 1: have been affected by the pandemic, particularly are small and 634 00:34:51,880 --> 00:34:55,239 Speaker 1: medium sized businesses. And I was very vocal is Mayor 635 00:34:55,280 --> 00:34:57,200 Speaker 1: that one of the things that I worried about the 636 00:34:57,280 --> 00:34:59,640 Speaker 1: most is that when we get on the other side 637 00:34:59,640 --> 00:35:01,960 Speaker 1: of this endem again we will, but that when we 638 00:35:02,000 --> 00:35:04,360 Speaker 1: get in the other side, that folks actually have jobs 639 00:35:04,400 --> 00:35:07,360 Speaker 1: to go back to. UM and you know, we talked 640 00:35:07,360 --> 00:35:11,240 Speaker 1: so much about unfortunately California being anti competitive. We should 641 00:35:11,239 --> 00:35:15,520 Speaker 1: be doing everything we can to promote California jobs, promote 642 00:35:15,520 --> 00:35:19,640 Speaker 1: California companies, not over regulate, and focus on getting people 643 00:35:19,680 --> 00:35:22,240 Speaker 1: back to work and and being very good at the basics. 644 00:35:22,239 --> 00:35:25,040 Speaker 1: And when we do that, we're gonna grow our economy. 645 00:35:25,080 --> 00:35:29,040 Speaker 1: But that has not, unfortunately been the focus here under 646 00:35:29,120 --> 00:35:33,400 Speaker 1: Governor news Um Mayor the Rick Davis. Uh. First of all, 647 00:35:33,440 --> 00:35:35,319 Speaker 1: I want to thank you for your stewardship of San 648 00:35:35,840 --> 00:35:38,759 Speaker 1: San Diego. I actually have a condo in Coornado, so 649 00:35:38,880 --> 00:35:41,560 Speaker 1: I I really watched the goings on in San Diego 650 00:35:41,600 --> 00:35:44,839 Speaker 1: politics and the first time hearing of this go ahead, well, 651 00:35:44,880 --> 00:35:47,440 Speaker 1: I haven't been there in a long time. But uh, 652 00:35:47,480 --> 00:35:49,719 Speaker 1: but thank you for your management of the city. It's 653 00:35:49,800 --> 00:35:52,360 Speaker 1: one of the best cities in the face of the earth. 654 00:35:52,440 --> 00:35:56,000 Speaker 1: So well done. Uh. Talk about your future a little bit. 655 00:35:56,280 --> 00:36:00,239 Speaker 1: You've got a recall going on where you know, they 656 00:36:00,760 --> 00:36:04,160 Speaker 1: think almost coming up on one point five million signatures, 657 00:36:04,160 --> 00:36:07,120 Speaker 1: just a couple of hundred thousand more and Uh. And 658 00:36:07,120 --> 00:36:11,920 Speaker 1: and there's a recall of of the governor. Um. Uh, 659 00:36:12,040 --> 00:36:15,879 Speaker 1: how's it looking in the campaign so far? Well, thank you, Rick, 660 00:36:15,960 --> 00:36:18,960 Speaker 1: and Uh. Look, I think there's no doubt that the 661 00:36:19,000 --> 00:36:22,879 Speaker 1: recall is going to qualify here in California. The the 662 00:36:22,880 --> 00:36:26,600 Speaker 1: threshold is one point five million valid signatures. They're already 663 00:36:26,640 --> 00:36:28,319 Speaker 1: up to one point eight. I think they'll get close 664 00:36:28,360 --> 00:36:31,640 Speaker 1: to two million. They're getting about a hundred thousand a 665 00:36:31,680 --> 00:36:35,000 Speaker 1: week right now. And what you're seeing in California is 666 00:36:35,040 --> 00:36:41,080 Speaker 1: widespread disconnect. And it's not just Republicans, it's Republicans, Democrats, independence, 667 00:36:41,600 --> 00:36:44,080 Speaker 1: families and kids aren't school. Business owners have been you know, 668 00:36:44,160 --> 00:36:46,880 Speaker 1: locked up, shut down, open and closed four and five times. 669 00:36:46,880 --> 00:36:49,759 Speaker 1: So so I think there's no doubt that we get 670 00:36:49,760 --> 00:36:52,560 Speaker 1: into a recall situation. And I think what people are 671 00:36:52,560 --> 00:36:55,000 Speaker 1: going to be looking for. Uh. And obviously I'm a 672 00:36:55,040 --> 00:36:59,440 Speaker 1: little biased, but somebody that has the experience and results 673 00:37:00,040 --> 00:37:03,000 Speaker 1: on issues that Californians care about, and you know, as 674 00:37:03,000 --> 00:37:05,880 Speaker 1: a mayor with with two terms who actually had to 675 00:37:05,920 --> 00:37:08,520 Speaker 1: get results and proud of what we did on some 676 00:37:08,640 --> 00:37:11,520 Speaker 1: of the key issues. You know, just a couple of 677 00:37:11,560 --> 00:37:13,440 Speaker 1: quick ones. Uh. I think one of the biggest ones 678 00:37:13,440 --> 00:37:16,279 Speaker 1: that we're seeing in California is the issue homelessness. We 679 00:37:16,280 --> 00:37:20,000 Speaker 1: were the only big city in California where homelessness went 680 00:37:20,120 --> 00:37:24,120 Speaker 1: down in San Diego, down by double digeons, and unfortunately 681 00:37:24,160 --> 00:37:27,680 Speaker 1: you're seeing it explode in other places across our state. 682 00:37:27,920 --> 00:37:29,600 Speaker 1: Um the governor has given a lot of lip service 683 00:37:29,640 --> 00:37:32,600 Speaker 1: to that, but no action. We took, dramatic action in 684 00:37:32,719 --> 00:37:36,160 Speaker 1: San Diego made a huge difference. I did not, I repeat, 685 00:37:36,200 --> 00:37:39,239 Speaker 1: I did not allow tent encampments on our sidewalks in 686 00:37:39,239 --> 00:37:41,839 Speaker 1: San Diego. Why because we care about people. We care 687 00:37:41,840 --> 00:37:43,359 Speaker 1: about you enough not to let you die in our 688 00:37:43,400 --> 00:37:46,080 Speaker 1: streets and our sidewalks. So the change that we made 689 00:37:46,239 --> 00:37:49,200 Speaker 1: is something we're gonna have to replicate statewide. I'm gonna 690 00:37:49,239 --> 00:37:52,719 Speaker 1: take that same approach, that problem solving approach. You don't. 691 00:37:52,840 --> 00:37:54,600 Speaker 1: You don't have the luxury when you're married to just 692 00:37:54,920 --> 00:37:57,080 Speaker 1: stand up in virtue signal all day and not get 693 00:37:57,080 --> 00:37:59,920 Speaker 1: anything done. You have to get results, so you're not 694 00:38:00,040 --> 00:38:02,359 Speaker 1: gonna be mayored too long off you're city. I got 695 00:38:02,360 --> 00:38:04,920 Speaker 1: two quick questions for you. The first is can you 696 00:38:04,960 --> 00:38:09,200 Speaker 1: win a recall if there is a a pro Trump 697 00:38:09,239 --> 00:38:13,040 Speaker 1: candidate like a Rick Rnell. But yes, look, well, we're 698 00:38:13,040 --> 00:38:14,760 Speaker 1: gonna I think you're gonna have a lot of candidates 699 00:38:14,840 --> 00:38:17,760 Speaker 1: jump in in a in a recall scenario. And again, 700 00:38:17,800 --> 00:38:21,080 Speaker 1: what I think that people are looking for in California 701 00:38:21,520 --> 00:38:24,279 Speaker 1: is somebody who can actually get results. I mean, I've 702 00:38:24,320 --> 00:38:27,080 Speaker 1: paid half the streets in San Diego during my tenures mayor, 703 00:38:27,080 --> 00:38:29,800 Speaker 1: and I didn't with a focus on infrastructure without raising 704 00:38:29,840 --> 00:38:32,960 Speaker 1: taxes and so. And you know you talk about the 705 00:38:33,000 --> 00:38:36,160 Speaker 1: business climate and growing our jobs and companies. I did 706 00:38:36,200 --> 00:38:38,399 Speaker 1: that a lot in San Diego. So I think what 707 00:38:38,440 --> 00:38:41,360 Speaker 1: people are looking for. I think they're less concerned with 708 00:38:41,480 --> 00:38:44,720 Speaker 1: an R or a D next to your name, but actually, 709 00:38:44,880 --> 00:38:47,360 Speaker 1: can you get the job done? And I think if 710 00:38:47,400 --> 00:38:49,919 Speaker 1: you can demonstrate that you can do that, and that's 711 00:38:49,920 --> 00:38:52,520 Speaker 1: how you win with in California, you have And it's Friday. 712 00:38:52,680 --> 00:38:54,880 Speaker 1: It's Friday, And I gotta ask you this because I 713 00:38:54,880 --> 00:38:57,640 Speaker 1: did my homework on you, and you ran. You ran 714 00:38:57,760 --> 00:39:00,600 Speaker 1: with the bulls once in your life, and I've I've 715 00:39:00,640 --> 00:39:04,400 Speaker 1: always wanted to do that. What was that like? I 716 00:39:04,440 --> 00:39:08,800 Speaker 1: have not gotten that questions exactly, but I'm gonna ask it. 717 00:39:10,200 --> 00:39:13,359 Speaker 1: It was phenomenal and I was scared as hell. Sow, 718 00:39:14,640 --> 00:39:16,920 Speaker 1: So maybe you're up for a recall. If you can 719 00:39:17,000 --> 00:39:20,280 Speaker 1: run with the bulls, why not why not run against 720 00:39:20,360 --> 00:39:23,359 Speaker 1: you know, a Trump candidate, a Democratic governor who knows, 721 00:39:23,400 --> 00:39:25,560 Speaker 1: who knows what will happen. Thank you so much, Mr Mayor, 722 00:39:25,640 --> 00:39:28,920 Speaker 1: Come back on and talk with us anytime. February is 723 00:39:28,920 --> 00:39:31,440 Speaker 1: Black History Month, and we're honoring Black history. And here 724 00:39:31,440 --> 00:39:34,359 Speaker 1: with today's installment is Bloomberg Trinida Young. On this day 725 00:39:34,360 --> 00:39:37,720 Speaker 1: in Black History. In nineteen sixty six, Andrew Brimmer becomes 726 00:39:37,760 --> 00:39:40,680 Speaker 1: the first black governor appointed to the Federal Reserve Board. 727 00:39:41,000 --> 00:39:43,719 Speaker 1: Born the son of sharecroppers, Brimmer was an economist and 728 00:39:43,760 --> 00:39:48,440 Speaker 1: a renowned expert on monetary policy, capital markets, and international finance. 729 00:39:48,719 --> 00:39:51,520 Speaker 1: While he was a doctoral student at Harvard University, he 730 00:39:51,600 --> 00:39:53,920 Speaker 1: worked as an economist for the Federal Reserve Bank of 731 00:39:53,960 --> 00:39:56,840 Speaker 1: New York. He also traveled to the Sudan in Africa 732 00:39:56,920 --> 00:40:00,360 Speaker 1: to establish a central bank. During the administrations of President 733 00:40:00,440 --> 00:40:03,239 Speaker 1: John F. Kennedy and Lyndon B. Johnson, Brimmer served as 734 00:40:03,239 --> 00:40:06,680 Speaker 1: Assistant Secretary of Economic Affairs in the Department of Commerce. 735 00:40:07,160 --> 00:40:09,800 Speaker 1: After his stint on the Federal Reserve Board of Governors, 736 00:40:09,880 --> 00:40:13,080 Speaker 1: Brimmer took a teaching post at Harvard, then established the 737 00:40:13,120 --> 00:40:16,720 Speaker 1: consulting firm Brimmer and Company. That's today in black history. 738 00:40:17,000 --> 00:40:20,959 Speaker 1: I'm really to young Bloomberg Radio. Thank you to our team, 739 00:40:21,000 --> 00:40:23,240 Speaker 1: thank you to Rick Davis, thank you to Genie shown Zano, 740 00:40:23,320 --> 00:40:26,360 Speaker 1: Thank you to you for listening. Have a great weekend 741 00:40:26,360 --> 00:40:29,440 Speaker 1: of the safe, stay positively grateful. I'm talking to myself 742 00:40:29,880 --> 00:40:33,759 Speaker 1: and on Monday, we've got Congressman Katko and former Rep. 743 00:40:33,840 --> 00:40:36,120 Speaker 1: Joe Crowley. You don't want to miss that. Coco is 744 00:40:36,160 --> 00:40:40,440 Speaker 1: the top Republican on Home WE Security. This is brimber