1 00:00:00,400 --> 00:00:05,080 Speaker 1: Live from our nation's camera. How do we reopen this economy? 2 00:00:05,200 --> 00:00:08,320 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,440 --> 00:00:11,399 Speaker 1: does this do from the United States relationship with China? 4 00:00:11,600 --> 00:00:16,520 Speaker 1: Bloomberg Sound on, the insiders, the influencers, the insides. We're 5 00:00:16,560 --> 00:00:19,720 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:19,880 --> 00:00:23,400 Speaker 1: never before. You're looking at seveny cannidates for different vaccines. 7 00:00:23,480 --> 00:00:26,120 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,200 --> 00:00:30,760 Speaker 1: never happens again? This is Bloomberg Sound on with Kevin'surrelate 9 00:00:31,040 --> 00:00:35,720 Speaker 1: on Bloomberg and one oh five seven m h d two. 10 00:00:35,960 --> 00:00:40,560 Speaker 1: Time to start the Republican National Convention virtually plus the 11 00:00:40,600 --> 00:00:43,840 Speaker 1: enjoy back on Capitol Hill. I'll bring you an interview 12 00:00:44,560 --> 00:00:48,519 Speaker 1: with Garner Summon, Sheila Jackson Lee, a Democrat from Houston, 13 00:00:48,600 --> 00:00:50,879 Speaker 1: and an all star panel all week long. We'll be 14 00:00:50,960 --> 00:00:54,960 Speaker 1: checking in with the Trump reelection campaign tomorrow an interview 15 00:00:54,960 --> 00:00:57,960 Speaker 1: with Donald Trump Jr. But we kick things off on 16 00:00:58,000 --> 00:01:02,560 Speaker 1: this virtual I'm so sick of it, the Virtual Republican 17 00:01:02,680 --> 00:01:06,320 Speaker 1: National Convention with Tim Marton. He is director of communications 18 00:01:06,360 --> 00:01:10,880 Speaker 1: for the President's re election campaign. Tim Happy Convention week. 19 00:01:11,319 --> 00:01:14,119 Speaker 1: Where are you and how how are you guys gonna 20 00:01:14,120 --> 00:01:18,319 Speaker 1: play things differently than Democrats from a stylistic standpoint, with 21 00:01:18,400 --> 00:01:27,440 Speaker 1: this virtual stuff. H looks like we do not have 22 00:01:27,600 --> 00:01:31,960 Speaker 1: I'm sorry, Tim, he's there, Tim, how are you. I'm 23 00:01:31,959 --> 00:01:35,200 Speaker 1: doing well. I'm speaking to you from Arlington County, Virginia, 24 00:01:35,319 --> 00:01:37,560 Speaker 1: on the other side of the Potomac River from our 25 00:01:37,640 --> 00:01:41,800 Speaker 1: nation's capital. And Uh, I would say that the stylistically 26 00:01:42,000 --> 00:01:45,120 Speaker 1: and thematically, I think our our convention is going to 27 00:01:45,240 --> 00:01:47,760 Speaker 1: be radically different from the from the Democrats, if you 28 00:01:48,080 --> 00:01:51,680 Speaker 1: forgive the use of that word derivative, being radical on 29 00:01:51,840 --> 00:01:54,960 Speaker 1: the In the case of their convention, we saw four 30 00:01:55,080 --> 00:01:59,080 Speaker 1: nights of really a dark and gloomy projection of what 31 00:01:59,120 --> 00:02:02,000 Speaker 1: the United States is like. And uh, really, if you 32 00:02:02,000 --> 00:02:03,960 Speaker 1: listen to them tell the story, it's so wonder why 33 00:02:04,000 --> 00:02:06,720 Speaker 1: anyone would want to live in the United States. And 34 00:02:06,960 --> 00:02:09,040 Speaker 1: they really didn't pay any attention to the fact that 35 00:02:09,160 --> 00:02:11,280 Speaker 1: if things are so bad in this country as they 36 00:02:11,360 --> 00:02:13,600 Speaker 1: laid them out, then what are they what are they doing? 37 00:02:13,639 --> 00:02:17,000 Speaker 1: Have an the nominee who's been in Washington elected office 38 00:02:17,040 --> 00:02:19,720 Speaker 1: for forty seven years. Uh, And I think if you 39 00:02:19,720 --> 00:02:22,639 Speaker 1: look at our convention, it's going to be an optimistic 40 00:02:22,720 --> 00:02:26,880 Speaker 1: and forward looking bright, look at America, where we've come 41 00:02:26,919 --> 00:02:30,079 Speaker 1: from and where we're going, and President Trump's accomplishments. You know, 42 00:02:30,120 --> 00:02:34,720 Speaker 1: President Trump UH is an unapologetic patriot. He loves this country, 43 00:02:34,840 --> 00:02:37,360 Speaker 1: thinks it's the greatest country that the world has ever known. 44 00:02:37,760 --> 00:02:40,160 Speaker 1: And that is the message that we're going to be broadcasting. 45 00:02:40,160 --> 00:02:42,480 Speaker 1: We'll be hearing from a lot of regular people, normal 46 00:02:42,520 --> 00:02:47,320 Speaker 1: Americans whose lives have improved because of the President's policies. UH. 47 00:02:47,320 --> 00:02:49,680 Speaker 1: And we also, of course reserve the right to draw 48 00:02:49,720 --> 00:02:52,880 Speaker 1: a contrast between President Trump and his record and Joe 49 00:02:52,919 --> 00:02:55,240 Speaker 1: Biden and his record. You know, as we play this 50 00:02:55,360 --> 00:02:58,079 Speaker 1: out and yesterday when I was talking to sources in 51 00:02:58,120 --> 00:03:02,000 Speaker 1: the administration as it relates to cutting through regulatory red 52 00:03:02,040 --> 00:03:06,960 Speaker 1: tape on FDA approval for things like convalescent plasma and 53 00:03:07,080 --> 00:03:11,040 Speaker 1: the scientific community and the ongoing push to find a vaccine, 54 00:03:11,080 --> 00:03:14,560 Speaker 1: You've got really two tracks. You've got so many Americans 55 00:03:14,639 --> 00:03:16,679 Speaker 1: right now, it's him concerned about getting their kids back 56 00:03:16,680 --> 00:03:20,000 Speaker 1: to school, getting their job, keeping their jobs, and then 57 00:03:20,000 --> 00:03:22,760 Speaker 1: of course the health concerns, the very real health concerns. 58 00:03:23,120 --> 00:03:26,480 Speaker 1: How is the convention going to balance both of them 59 00:03:26,520 --> 00:03:29,679 Speaker 1: and still stick with optimism, Because as you know, it's 60 00:03:29,680 --> 00:03:32,480 Speaker 1: a really anxious time for many many Americans of all 61 00:03:32,520 --> 00:03:36,080 Speaker 1: different political stripes. Yeah, and I understand that, and I 62 00:03:36,080 --> 00:03:39,160 Speaker 1: think the President understands that. But I think look at 63 00:03:39,640 --> 00:03:43,040 Speaker 1: the President views that we can be safe and still 64 00:03:43,080 --> 00:03:46,280 Speaker 1: move ahead. We can be safe and have our economy reopen. 65 00:03:46,360 --> 00:03:49,440 Speaker 1: We can be safe and have our schools reopened. And 66 00:03:49,680 --> 00:03:52,440 Speaker 1: Joe Biden and the Democrats really cast this as an 67 00:03:52,480 --> 00:03:56,200 Speaker 1: either or situation. Situation, either we can be safe or 68 00:03:56,400 --> 00:03:58,600 Speaker 1: we can have our economy and the schools open. And 69 00:03:58,640 --> 00:04:00,560 Speaker 1: we just reject that kind of thing. King. We think 70 00:04:00,600 --> 00:04:02,520 Speaker 1: you can do both at the same time. And I 71 00:04:02,560 --> 00:04:05,720 Speaker 1: think you saw that reflected last night on the ABC 72 00:04:05,840 --> 00:04:09,839 Speaker 1: interview that Joe Biden and Kamala Harris set through. And 73 00:04:10,040 --> 00:04:12,760 Speaker 1: you see Joe Biden saying that he would shut down 74 00:04:12,760 --> 00:04:15,480 Speaker 1: the economy again, you know, if certain doctors told him 75 00:04:15,520 --> 00:04:17,719 Speaker 1: to do that. Look, we're just coming out of the 76 00:04:17,760 --> 00:04:21,680 Speaker 1: coronavirus economic downturn. We've seen the last three months of 77 00:04:21,720 --> 00:04:25,080 Speaker 1: record job creation, and Joe Biden says, look, if they 78 00:04:25,080 --> 00:04:27,280 Speaker 1: told me to, I'd shut it down again. And we 79 00:04:27,400 --> 00:04:29,880 Speaker 1: know that. You know, you could listen to other health 80 00:04:29,920 --> 00:04:33,920 Speaker 1: experts who would tell you that a prolonged economic downturn, 81 00:04:34,040 --> 00:04:36,839 Speaker 1: and we're shutting down of the entire national economy, as 82 00:04:36,920 --> 00:04:39,760 Speaker 1: Joe Biden said he would consider doing. That comes with 83 00:04:39,839 --> 00:04:43,560 Speaker 1: its own very serious health risks above and beyond what 84 00:04:43,640 --> 00:04:47,039 Speaker 1: the coronavirus would cause. And so we do not look 85 00:04:47,080 --> 00:04:49,840 Speaker 1: at it as an either or situation. We think that 86 00:04:49,880 --> 00:04:53,440 Speaker 1: we can be safe and continue down the path of reopening. 87 00:04:53,440 --> 00:04:56,440 Speaker 1: And I think that the President's policies and the rebirth 88 00:04:56,480 --> 00:04:58,840 Speaker 1: of the economy is proving that. I got some more 89 00:04:58,880 --> 00:05:01,200 Speaker 1: questions for Tim martell as on two more topics. For 90 00:05:01,640 --> 00:05:03,880 Speaker 1: Tim Martall's on the line. He's the communications director for 91 00:05:03,960 --> 00:05:06,640 Speaker 1: the President's re election campaign. We're very grateful to have 92 00:05:06,720 --> 00:05:09,200 Speaker 1: him share some of his busy schedule in time with us. 93 00:05:09,200 --> 00:05:12,000 Speaker 1: That this is the issue of law and order, because 94 00:05:12,160 --> 00:05:13,720 Speaker 1: as I look at the cross tabs, and we saw 95 00:05:13,760 --> 00:05:15,839 Speaker 1: the Wall Street Journal cross tab poles where the President 96 00:05:15,880 --> 00:05:19,799 Speaker 1: is still leading against Biden on the economy despite trailing nationally, 97 00:05:19,880 --> 00:05:23,360 Speaker 1: but you can't electorally. He's within striking district distance of 98 00:05:23,400 --> 00:05:25,680 Speaker 1: all the battleground states. But on the issue of law 99 00:05:25,680 --> 00:05:29,000 Speaker 1: and order, how crucial of that, how crucial of a 100 00:05:29,120 --> 00:05:31,600 Speaker 1: role is that going to play? Tim Merton to to 101 00:05:31,839 --> 00:05:35,040 Speaker 1: winning back some of the suburban districts. And how do 102 00:05:35,040 --> 00:05:37,679 Speaker 1: you how do you use that issue of law and order, 103 00:05:38,040 --> 00:05:39,919 Speaker 1: because uh, I hear that that's going to be a 104 00:05:39,920 --> 00:05:43,640 Speaker 1: really important issue, especially in swing districts. It is, it's 105 00:05:43,640 --> 00:05:45,400 Speaker 1: going to be an important issue. And I think whether 106 00:05:45,440 --> 00:05:47,000 Speaker 1: you live in the suburbs, or if you live in 107 00:05:47,040 --> 00:05:49,440 Speaker 1: the cities, or even if you live in a rural area, 108 00:05:49,520 --> 00:05:52,479 Speaker 1: what what you've seen, what Americans have seen on television 109 00:05:52,560 --> 00:05:55,280 Speaker 1: coming out of very many of our major cities, uh, 110 00:05:55,400 --> 00:05:57,880 Speaker 1: is not a pretty picture. It's not things that people 111 00:05:57,920 --> 00:06:00,680 Speaker 1: think about as America. We don't think about our cities 112 00:06:00,680 --> 00:06:04,720 Speaker 1: being on fire and and looting and burning and just 113 00:06:04,880 --> 00:06:07,560 Speaker 1: random acts of violence. We don't we don't like. Americans 114 00:06:07,640 --> 00:06:09,800 Speaker 1: don't like to see that. And I think the point 115 00:06:09,880 --> 00:06:13,240 Speaker 1: has to be made and made strongly that the cities 116 00:06:13,320 --> 00:06:16,640 Speaker 1: in which these incidents are happening have been under one 117 00:06:16,800 --> 00:06:20,800 Speaker 1: party Democrat control for decades and almost a century in 118 00:06:20,880 --> 00:06:22,920 Speaker 1: some of the cases. And so I think there is 119 00:06:22,920 --> 00:06:26,480 Speaker 1: a clear delineation. And you saw Joe Biden when asked 120 00:06:26,480 --> 00:06:30,039 Speaker 1: a question of by a liberal activist, would can we 121 00:06:30,120 --> 00:06:33,160 Speaker 1: all agree that you would redirect police funding to other 122 00:06:33,240 --> 00:06:37,000 Speaker 1: areas of government. Joe Biden said, yes, absolutely. We also 123 00:06:37,040 --> 00:06:39,320 Speaker 1: know that during his time as Vice president, in the 124 00:06:39,400 --> 00:06:43,160 Speaker 1: eight years during the Obama administration, federal funding for state 125 00:06:43,200 --> 00:06:47,360 Speaker 1: and local law enforcement fell. It has risen under President Trump, 126 00:06:47,360 --> 00:06:50,720 Speaker 1: precipitously rising. And so I think there is a clear 127 00:06:50,760 --> 00:06:53,440 Speaker 1: delineation President Trump. Just like the rest of us, we 128 00:06:53,520 --> 00:06:56,039 Speaker 1: honor and respect the First Amendment and the rights of 129 00:06:56,040 --> 00:06:59,520 Speaker 1: people to protest peacefully. It's when that line is crossed, 130 00:07:00,000 --> 00:07:02,599 Speaker 1: I think. I think that you see this in the 131 00:07:02,640 --> 00:07:06,360 Speaker 1: reaction by the law enforcement community that they know well 132 00:07:06,480 --> 00:07:09,440 Speaker 1: who signed which one of these two candidates is on 133 00:07:09,440 --> 00:07:13,040 Speaker 1: one after another. The police unions are endorsing President Trump 134 00:07:13,120 --> 00:07:15,880 Speaker 1: over Joe Biden because they know that Joe Biden has 135 00:07:15,920 --> 00:07:18,400 Speaker 1: turned his back on them. Joe Biden, given every chance, 136 00:07:18,680 --> 00:07:22,320 Speaker 1: has sided with the rioters and made excuses for the 137 00:07:22,480 --> 00:07:26,040 Speaker 1: rioters against the interests of law abiding citizens and people 138 00:07:26,080 --> 00:07:27,920 Speaker 1: who live whether it's in the suburbs or in the 139 00:07:27,960 --> 00:07:30,240 Speaker 1: cities or anywhere else. I don't want to see that 140 00:07:30,280 --> 00:07:33,000 Speaker 1: kind of lawlessness, and I think it's going to be 141 00:07:33,080 --> 00:07:36,320 Speaker 1: remarkable on tonight. UH. Senator Tim Scott, a Republican from 142 00:07:36,320 --> 00:07:39,360 Speaker 1: South Carolina, he's giving one of the primetime addresses, and 143 00:07:39,360 --> 00:07:42,680 Speaker 1: you can follow that along Bloomberg Television and radio. He 144 00:07:42,720 --> 00:07:45,000 Speaker 1: of course is a Republican from South Carolina. All right. 145 00:07:45,240 --> 00:07:48,320 Speaker 1: On the issue of foreign policy, I was really surprised 146 00:07:48,320 --> 00:07:50,640 Speaker 1: that foreign policy didn't really come up. I mean, even 147 00:07:50,640 --> 00:07:53,400 Speaker 1: though the reformer secretaries of State that spoke at last 148 00:07:53,440 --> 00:07:57,280 Speaker 1: weeks conventioned China was not really front and center. And 149 00:07:57,320 --> 00:08:00,920 Speaker 1: it's the one area quite honestly, Republicans and Democrats on 150 00:08:01,000 --> 00:08:04,320 Speaker 1: the Hill I've been pushing for and um, but I 151 00:08:04,360 --> 00:08:07,440 Speaker 1: would take it, especially with Secretary Pompeius speaking in Israel, 152 00:08:07,680 --> 00:08:10,600 Speaker 1: that foreign policy is going to be front and center, 153 00:08:10,720 --> 00:08:13,840 Speaker 1: especially this issue with China. Oh you bet we're going 154 00:08:13,920 --> 00:08:16,640 Speaker 1: to talk about China this week. Absolutely, and and and 155 00:08:16,680 --> 00:08:19,360 Speaker 1: we're gonna talk about it in the in the scope 156 00:08:19,400 --> 00:08:22,440 Speaker 1: of Joe Biden and China. Joe Biden, I'm not surprised 157 00:08:22,440 --> 00:08:24,280 Speaker 1: he didn't want to talk about it at his convention 158 00:08:24,360 --> 00:08:28,640 Speaker 1: because he's got a decade long career of appeasing China 159 00:08:28,840 --> 00:08:32,360 Speaker 1: and promoting China's interests. He argued for a Most Favorite 160 00:08:32,400 --> 00:08:35,160 Speaker 1: Nation status for China, and he paved the way for 161 00:08:35,240 --> 00:08:38,040 Speaker 1: them to be admitted to the World Trade Organization that 162 00:08:38,160 --> 00:08:40,600 Speaker 1: led to the loss of three and a half million 163 00:08:40,720 --> 00:08:45,199 Speaker 1: American jobs, and Biden has never taken China seriously as 164 00:08:45,200 --> 00:08:47,760 Speaker 1: an economic threat to the United States to this day, 165 00:08:47,840 --> 00:08:50,400 Speaker 1: he does not. I mean, everyone's seen the videotape of 166 00:08:50,480 --> 00:08:53,280 Speaker 1: him on the campaign trail this cycle, laughing about it, saying, 167 00:08:53,400 --> 00:08:55,800 Speaker 1: what China is gonna eat our lunch? Come on, man, 168 00:08:56,240 --> 00:08:58,440 Speaker 1: you know they're they're not They're not bad folks, but 169 00:08:58,480 --> 00:09:02,240 Speaker 1: they're not a threat. Mean, seriously, China is our greatest 170 00:09:02,320 --> 00:09:05,000 Speaker 1: economic rival on the face of the planet today, and 171 00:09:05,080 --> 00:09:07,880 Speaker 1: Joe Biden does not take it seriously. Even in the 172 00:09:07,880 --> 00:09:12,200 Speaker 1: coronavirus situation. Everyone knows China lied to us, lied to 173 00:09:12,240 --> 00:09:15,200 Speaker 1: the rest of the world, and everyone also knows that 174 00:09:15,240 --> 00:09:18,480 Speaker 1: the World Health Organization helped them lie to the world. 175 00:09:18,559 --> 00:09:21,240 Speaker 1: And what's Joe Biden's response to that. He doesn't want 176 00:09:21,280 --> 00:09:24,240 Speaker 1: the president to restrict travel from China at the very beginning, 177 00:09:24,240 --> 00:09:27,839 Speaker 1: as he did to save American lives during the coronavirus outbreak. Uh. 178 00:09:28,040 --> 00:09:30,840 Speaker 1: He doesn't want the president to mention that it's the 179 00:09:30,920 --> 00:09:33,600 Speaker 1: Chinese virus and that it came from the Wuhan province 180 00:09:33,600 --> 00:09:37,440 Speaker 1: of China. And he wants to continue sending taxpayer money 181 00:09:37,640 --> 00:09:41,160 Speaker 1: to the w h O, which helped China lie to 182 00:09:41,240 --> 00:09:43,679 Speaker 1: us and put us behind the eight ball in responding 183 00:09:43,679 --> 00:09:47,559 Speaker 1: to the coronavirus outbreak. So we are not surprised even 184 00:09:47,880 --> 00:09:50,120 Speaker 1: in the least that Joe Biden didn't want to talk 185 00:09:50,120 --> 00:09:53,880 Speaker 1: about China or other aspects of foreign policy. Remember, Robert Gates, 186 00:09:54,080 --> 00:09:57,240 Speaker 1: the former Defense secretary under Obama and Biden, said that 187 00:09:57,320 --> 00:10:00,240 Speaker 1: Joe Biden has been wrong on every foreign pol see 188 00:10:00,240 --> 00:10:03,600 Speaker 1: call for the last four decades. So if I were 189 00:10:03,600 --> 00:10:05,440 Speaker 1: all Joe, I guess I wouldn't talk about it either. 190 00:10:05,920 --> 00:10:10,880 Speaker 1: Tim Murtzo kicking off our virtual convention, Republican Convention, Thank 191 00:10:10,920 --> 00:10:12,880 Speaker 1: you Tim for for calling in giving us a preview. 192 00:10:12,880 --> 00:10:14,959 Speaker 1: And China. You've just heard it right there, folks. I've 193 00:10:14,960 --> 00:10:17,079 Speaker 1: been saying it all day on Bloomberg TV. China is 194 00:10:17,080 --> 00:10:19,120 Speaker 1: going to be front and center on the geopolitical front 195 00:10:19,160 --> 00:10:21,400 Speaker 1: for this, for this convention. More next, I'm Kevin's Really 196 00:10:21,440 --> 00:10:26,280 Speaker 1: This is Bloomberg ninety nine one. This is Bloomberg's Sound 197 00:10:26,360 --> 00:10:30,880 Speaker 1: On with Kevin Surreley on Bloomberg and one oh five 198 00:10:30,920 --> 00:10:33,520 Speaker 1: point seven f M h D two. My name is 199 00:10:33,559 --> 00:10:36,680 Speaker 1: Kevin Surreally I'm the chief Washington correspondent from Bloomberg Television 200 00:10:36,720 --> 00:10:40,960 Speaker 1: and for Bloomberg Radio. Special coverage cross platform, headed up, 201 00:10:40,960 --> 00:10:44,160 Speaker 1: of course by the David Weston on Bloomberg Television and 202 00:10:44,160 --> 00:10:46,320 Speaker 1: on Bloomberg Radio. I'm headed to the White House this 203 00:10:46,400 --> 00:10:50,199 Speaker 1: evening for our coverage. Now we switch gears. Let's go 204 00:10:50,320 --> 00:10:53,160 Speaker 1: back to the Democrats. Earlier today, I spoke with Countersuman 205 00:10:53,200 --> 00:10:58,200 Speaker 1: Sheila Jackson Lee about what she's expecting from the Republican 206 00:10:58,280 --> 00:11:01,920 Speaker 1: National Convention. The rested from Houston had a lot to say. 207 00:11:02,320 --> 00:11:06,000 Speaker 1: Take a listen. Uh last week, of course, you heard 208 00:11:06,040 --> 00:11:08,880 Speaker 1: from people who know how to govern. You heard from 209 00:11:08,960 --> 00:11:13,480 Speaker 1: people who recognize that the nation is changing. It's enormously diverse, 210 00:11:13,840 --> 00:11:18,520 Speaker 1: regionally diverse, multicultural, and we spoke with voices to those individuals. 211 00:11:18,520 --> 00:11:23,160 Speaker 1: We didn't try to reframe America in our image. We 212 00:11:24,520 --> 00:11:27,960 Speaker 1: listen to the voices of Americans. That's what the Biden 213 00:11:28,000 --> 00:11:31,120 Speaker 1: Harris team represents. I think the challenges that we will 214 00:11:31,160 --> 00:11:35,079 Speaker 1: have in the upcoming convention. And might I just indicate 215 00:11:35,200 --> 00:11:38,200 Speaker 1: that the Gulf Coast, as you well know in this week, 216 00:11:38,400 --> 00:11:42,960 Speaker 1: is faith. You're seeing do hurricanes on top of a 217 00:11:43,040 --> 00:11:46,160 Speaker 1: COVID nineteen pandemic, and I expressed my concern for my 218 00:11:46,840 --> 00:11:51,080 Speaker 1: neighbors in Louisiana and of course my fellow Texans. As 219 00:11:51,080 --> 00:11:53,840 Speaker 1: we get prepared, you have to know how to govern. 220 00:11:54,440 --> 00:11:56,880 Speaker 1: What we'll hear are a lot of words from this 221 00:11:57,000 --> 00:12:03,360 Speaker 1: convention about how powerful, how impressive this administration has been. 222 00:12:04,000 --> 00:12:07,400 Speaker 1: But the sad news is breaking news is that there 223 00:12:07,400 --> 00:12:10,880 Speaker 1: will be no evidence of how this administration has helped 224 00:12:10,880 --> 00:12:13,720 Speaker 1: the American people, and so there will be a lot 225 00:12:13,800 --> 00:12:17,040 Speaker 1: of puffery. But unlike what we tried to do was 226 00:12:17,120 --> 00:12:19,679 Speaker 1: to say we're willing to listen in uh and to 227 00:12:19,840 --> 00:12:22,920 Speaker 1: govern by listening and to know how to govern, I 228 00:12:23,000 --> 00:12:25,720 Speaker 1: will expect that there will be a lot of words, 229 00:12:25,760 --> 00:12:29,320 Speaker 1: but an absence to proof that this administration can govern 230 00:12:29,800 --> 00:12:32,959 Speaker 1: the nation that we are now today. Well, Carter, soon, 231 00:12:33,040 --> 00:12:34,360 Speaker 1: let me ask you about this because you have such 232 00:12:34,760 --> 00:12:37,600 Speaker 1: a deep level of experience in terms of the policy, 233 00:12:37,800 --> 00:12:41,760 Speaker 1: especially as the deputy Chief Whip for the Democratic Caucus 234 00:12:41,760 --> 00:12:44,439 Speaker 1: and the House of Representatives. So when you look at 235 00:12:44,440 --> 00:12:48,959 Speaker 1: the economic vision that the nominee Biden is putting forward, 236 00:12:49,080 --> 00:12:51,240 Speaker 1: do you think he's going to be more progressive or 237 00:12:51,280 --> 00:12:56,320 Speaker 1: more centrist? And his approach of governing oriented and what 238 00:12:56,400 --> 00:12:59,079 Speaker 1: does that mean, Um, I don't think there is a 239 00:12:59,120 --> 00:13:03,400 Speaker 1: litmus test. As small businesses across America. That means they 240 00:13:03,400 --> 00:13:07,560 Speaker 1: come in all regions and all political persuasions. This administration 241 00:13:07,600 --> 00:13:11,319 Speaker 1: recognizes that small businesses are the economic engine of America. 242 00:13:11,640 --> 00:13:14,200 Speaker 1: One of his proposals is to ensure that the federal 243 00:13:14,200 --> 00:13:17,439 Speaker 1: government in a very large way does business with small 244 00:13:17,440 --> 00:13:20,520 Speaker 1: business making it easier to access giving small businesses the 245 00:13:20,520 --> 00:13:26,040 Speaker 1: ability to access credit, recognizing independent entrepreneurs and small contractors 246 00:13:26,080 --> 00:13:30,640 Speaker 1: and sole proprietors. That is not a partisan issue. And 247 00:13:30,679 --> 00:13:33,200 Speaker 1: then at the same time, I think he will well 248 00:13:33,280 --> 00:13:38,920 Speaker 1: recognize that different regions need different responses. Joe Biden knows 249 00:13:39,000 --> 00:13:42,240 Speaker 1: how to boost manufacturing to really have it grow. Why 250 00:13:42,240 --> 00:13:44,840 Speaker 1: does he know that because he was at the centerpiece 251 00:13:44,960 --> 00:13:49,400 Speaker 1: of reforming or bringing back uh the auto industry, and 252 00:13:49,440 --> 00:13:52,160 Speaker 1: I was there in the United States Congress. So the 253 00:13:52,240 --> 00:13:55,160 Speaker 1: proof really is in the evidence of Joe Biden's work, 254 00:13:55,679 --> 00:13:58,559 Speaker 1: and I believe that he will have an economic policy 255 00:13:59,040 --> 00:14:02,960 Speaker 1: that is both responsive and attractive to all of America. 256 00:14:03,480 --> 00:14:04,960 Speaker 1: I want to come back to the economy and the 257 00:14:05,000 --> 00:14:07,520 Speaker 1: domestic front and Congress in a second, but sticking with 258 00:14:07,600 --> 00:14:10,960 Speaker 1: the campaign just for for a little bit longer here. 259 00:14:11,200 --> 00:14:15,160 Speaker 1: Houston has been impacted by the U. S And China 260 00:14:15,240 --> 00:14:19,160 Speaker 1: trade relations in terms of the President's policies and dealing 261 00:14:19,160 --> 00:14:22,240 Speaker 1: with China as well as Europe to some extent. I'm 262 00:14:22,320 --> 00:14:27,680 Speaker 1: curious what would Abiden administration mean on the economic trade front, 263 00:14:27,920 --> 00:14:31,360 Speaker 1: as you know your district so very much impacted by 264 00:14:31,400 --> 00:14:35,040 Speaker 1: whomever is the occupant of the White House on trade. Well, 265 00:14:35,080 --> 00:14:39,000 Speaker 1: I can tell you this, Um, we cannot do foreign 266 00:14:39,000 --> 00:14:43,560 Speaker 1: policy or trade policy by throwing spears. I think that 267 00:14:43,640 --> 00:14:47,800 Speaker 1: we worked very hard on the trade legislation that has 268 00:14:47,840 --> 00:14:51,280 Speaker 1: not yet been passed, dealing with Canada, United States, and 269 00:14:51,360 --> 00:14:56,240 Speaker 1: Mexico with Democrats heavily involved, we spoke more to a 270 00:14:56,280 --> 00:15:01,520 Speaker 1: balanced trade policy. I believe the Biden presidency with Kamala 271 00:15:01,560 --> 00:15:06,160 Speaker 1: Harris will not throw spears, but will stand firmly on 272 00:15:06,240 --> 00:15:10,280 Speaker 1: the position that the trade should always benefit UH, the 273 00:15:10,360 --> 00:15:15,640 Speaker 1: United States, businesses and people and working people. UH. Joe 274 00:15:15,640 --> 00:15:18,600 Speaker 1: Biden has been engaged in trade negotiations in the past. 275 00:15:18,640 --> 00:15:20,640 Speaker 1: So the way we will lead, the way the value 276 00:15:20,680 --> 00:15:24,440 Speaker 1: will lead, is that we will try to fix, if 277 00:15:24,480 --> 00:15:28,920 Speaker 1: you will, to mend the broken China United States relationship 278 00:15:29,320 --> 00:15:33,080 Speaker 1: without China dominating our trade policies. We will try to 279 00:15:33,240 --> 00:15:40,760 Speaker 1: mend the European United States relationship without Europe dominating our 280 00:15:41,080 --> 00:15:46,280 Speaker 1: economic policies, but we'll have a collaborative economic roadmap to follow. Congressman, 281 00:15:46,400 --> 00:15:49,600 Speaker 1: you are are on Homeland Security. You are the sub 282 00:15:50,320 --> 00:15:54,600 Speaker 1: committee chairwoman of cyber Intelligence and as well. UH. And 283 00:15:54,640 --> 00:15:57,640 Speaker 1: there's been a lot of talk in recent weeks, especially 284 00:15:57,680 --> 00:16:00,520 Speaker 1: as it relates to China and intellectual property. UH. The 285 00:16:00,520 --> 00:16:04,600 Speaker 1: President has suggested through executive orders that UH apps like 286 00:16:04,680 --> 00:16:07,520 Speaker 1: TikTok should not be able to be run by China 287 00:16:07,600 --> 00:16:09,920 Speaker 1: here in the United States. Is this a bipartisan issue? 288 00:16:09,960 --> 00:16:13,520 Speaker 1: Is this a nonpartisan issue? Where on the US China 289 00:16:13,680 --> 00:16:19,160 Speaker 1: tech front are we in terms of coalitions in Congress? Well, 290 00:16:19,200 --> 00:16:20,680 Speaker 1: I'm very glad to say, as a member of that 291 00:16:20,680 --> 00:16:24,680 Speaker 1: committee that we have been able to force bipartisan legislation 292 00:16:24,760 --> 00:16:28,760 Speaker 1: that deals with cybersecurity. UM. I think that the idea 293 00:16:29,040 --> 00:16:32,040 Speaker 1: of protecting the cyber network of the United States is 294 00:16:32,040 --> 00:16:35,960 Speaker 1: one of the major domestic security issues, national security issues, 295 00:16:36,000 --> 00:16:40,040 Speaker 1: and frankly international issues. UH. In order to however, have 296 00:16:40,160 --> 00:16:45,440 Speaker 1: a solution again, UM, you just can't be use innilateral 297 00:16:45,520 --> 00:16:48,520 Speaker 1: in your efforts. And under this president administration, why we 298 00:16:48,560 --> 00:16:52,720 Speaker 1: have been unsuccessful in getting massive agreements, i e. Dropping 299 00:16:52,720 --> 00:16:55,160 Speaker 1: out of the Iran agreement is because it has all 300 00:16:55,200 --> 00:17:00,800 Speaker 1: been unilateral. Joe Biden Press presidency, Kamala Harris Vice Presidency 301 00:17:00,960 --> 00:17:05,360 Speaker 1: will clearly be UH if you will engaged in bilateral 302 00:17:05,520 --> 00:17:09,800 Speaker 1: ethos and so once we do our work UH in 303 00:17:09,880 --> 00:17:14,520 Speaker 1: the national sphere of cybersecurity, protecting cybersecurity. I even introduced 304 00:17:14,600 --> 00:17:19,879 Speaker 1: legislation for um a major catastrophe and how the United 305 00:17:19,920 --> 00:17:22,800 Speaker 1: States respond in its cyber network. But the point is 306 00:17:22,800 --> 00:17:27,160 Speaker 1: is that this new indication of the leadership of Joe 307 00:17:27,200 --> 00:17:31,320 Speaker 1: Biden and Kamala Harris would be we restore our international 308 00:17:31,320 --> 00:17:35,760 Speaker 1: alliances around cybersecurity. We indicate to China that we will 309 00:17:35,800 --> 00:17:39,719 Speaker 1: not have the intrusion that they have been UH frankly 310 00:17:39,760 --> 00:17:42,600 Speaker 1: recklessly engaging in. And whether or not the ending of 311 00:17:43,160 --> 00:17:46,200 Speaker 1: TikTok is the ultimate results here in the United States. 312 00:17:46,240 --> 00:17:48,720 Speaker 1: As you well know, the negotiations going on for the 313 00:17:48,760 --> 00:17:52,480 Speaker 1: purchase of TikTok by United States Company. I happen to 314 00:17:52,520 --> 00:17:56,120 Speaker 1: support that, but in any event, we will not handle 315 00:17:56,200 --> 00:18:01,160 Speaker 1: our cyber network, which is really international, as evidenced by 316 00:18:01,280 --> 00:18:04,520 Speaker 1: the Russian intrusion into the elections in twenty six. We 317 00:18:04,560 --> 00:18:08,840 Speaker 1: will not do it unilaterally this governor governance. Rather, Biden 318 00:18:09,000 --> 00:18:14,160 Speaker 1: and Harris will look to bilateral relationships on the cybersecurity front. 319 00:18:14,720 --> 00:18:16,920 Speaker 1: And one final question I got to ask you about 320 00:18:16,560 --> 00:18:21,320 Speaker 1: the prospects of more economic fiscal stimulus. The what we're 321 00:18:21,320 --> 00:18:23,280 Speaker 1: gathering is that there might be some sorde of skinny 322 00:18:23,280 --> 00:18:27,440 Speaker 1: deal before the election and then afterwards another round of stimulus. 323 00:18:27,560 --> 00:18:30,000 Speaker 1: Is that what you're hearing, uh? And is the support 324 00:18:30,040 --> 00:18:33,200 Speaker 1: there for that? You know, the economy is turned by 325 00:18:33,400 --> 00:18:36,480 Speaker 1: the consumers of this nation, and that is your everyday 326 00:18:36,520 --> 00:18:40,119 Speaker 1: mom and pop. That's your person who is now struggling 327 00:18:40,119 --> 00:18:43,760 Speaker 1: because they don't have six hundred dollars or the cash dispersement. UM. 328 00:18:43,840 --> 00:18:49,720 Speaker 1: We are urging leadership UM to view uh, this as 329 00:18:49,760 --> 00:18:52,359 Speaker 1: they have been doing. As you well know. Democrats passed 330 00:18:52,760 --> 00:18:55,320 Speaker 1: this more than a hundred days ago, the Heroes Act, 331 00:18:56,000 --> 00:18:59,760 Speaker 1: and Republicans, including those in the Senate, have absolutely refused 332 00:18:59,760 --> 00:19:03,720 Speaker 1: to be concerned about mom and pop across America whose suffering. 333 00:19:04,200 --> 00:19:06,359 Speaker 1: We are willing to sit down at the negotiating table. 334 00:19:06,400 --> 00:19:10,760 Speaker 1: The President obviously is distracted by this week. That was 335 00:19:11,440 --> 00:19:18,280 Speaker 1: my interview earlier today with Congresswoman Sheila Jackson Lee She 336 00:19:18,440 --> 00:19:22,600 Speaker 1: is a Democrat from Houston. Coming up, more policy and 337 00:19:22,680 --> 00:19:27,080 Speaker 1: politics with an all star, all star pedel. I'm Kevin Sirelli, 338 00:19:27,160 --> 00:19:30,000 Speaker 1: Chief Washington correspondent for Bloomberg Television and for Bloomberg Radio. 339 00:19:30,040 --> 00:19:32,240 Speaker 1: And remember, folks, you can catch all of our cross 340 00:19:32,320 --> 00:19:36,879 Speaker 1: platform coverage this evening, led by David Weston. I'll be 341 00:19:36,920 --> 00:19:44,840 Speaker 1: at the White House. You're listening to Bloomberg. Why how 342 00:19:44,880 --> 00:19:48,639 Speaker 1: do we reopen this economy? The latest on how this 343 00:19:48,760 --> 00:19:51,760 Speaker 1: pandemic is impacting farmers. What does this do from the 344 00:19:51,840 --> 00:19:56,440 Speaker 1: United States relationship with China? Bloomberg Sound Off, the insiders, 345 00:19:56,720 --> 00:20:01,400 Speaker 1: the influencers. We're responding to this cry and manufacturers are 346 00:20:01,400 --> 00:20:04,840 Speaker 1: stepping up like never before. You're looking at tebny cannidates 347 00:20:04,840 --> 00:20:07,880 Speaker 1: for different victims. How do we make sure a pandemic 348 00:20:07,960 --> 00:20:11,679 Speaker 1: of this scale never happens again? This is Bloomberg Sound 349 00:20:11,760 --> 00:20:17,960 Speaker 1: On with Kevin Shirl on Bloomberg and one h D two. 350 00:20:18,400 --> 00:20:22,359 Speaker 1: Stocks climb to an all time high amid treatment hope 351 00:20:22,440 --> 00:20:27,000 Speaker 1: plus Get ready, it's the Virtual Republican National Convention. A 352 00:20:27,080 --> 00:20:31,320 Speaker 1: complete preview on all fronts. Coming up. We're gonna talk 353 00:20:31,320 --> 00:20:35,400 Speaker 1: all about stocks climbing to an all time high, amid treatment. Hope, 354 00:20:35,600 --> 00:20:38,080 Speaker 1: I'll give you the complete markets rap. But we begin 355 00:20:38,119 --> 00:20:43,600 Speaker 1: tonight with the first night of the Virtual Republican National Convention. 356 00:20:43,680 --> 00:20:45,640 Speaker 1: Justin Sink is on the line. He has a Bloomberg 357 00:20:45,640 --> 00:20:48,679 Speaker 1: White House reporter, Justin how are you hey? Doing well? 358 00:20:48,720 --> 00:20:51,360 Speaker 1: How are you well? You know, I'm doing all right 359 00:20:51,400 --> 00:20:55,359 Speaker 1: considering that the Sixers got completely handed to them for 360 00:20:55,400 --> 00:21:01,240 Speaker 1: nothing against the Boston At this point, it's like, come on, gritty, 361 00:21:01,320 --> 00:21:04,960 Speaker 1: give us a win, give us okay, Night one of 362 00:21:05,000 --> 00:21:08,720 Speaker 1: the Virtual Republican National Convention. Tim Scott's speaking, What else 363 00:21:08,720 --> 00:21:11,080 Speaker 1: can we expect from tonight? And what are you hearing? 364 00:21:11,119 --> 00:21:14,040 Speaker 1: We heard from Tim Murton earlier that they're saying it's 365 00:21:14,040 --> 00:21:16,360 Speaker 1: going to be a much more optimistic convention that they're 366 00:21:16,359 --> 00:21:18,600 Speaker 1: going to talk for in policy and draw a contrast 367 00:21:18,640 --> 00:21:21,000 Speaker 1: on China. What else do you think we're going to 368 00:21:21,119 --> 00:21:24,040 Speaker 1: hear from the people that you talk to? Justin Zinc Yeah, 369 00:21:24,080 --> 00:21:26,720 Speaker 1: I mean, so you've mentioned what Tim murtad to say, 370 00:21:27,160 --> 00:21:29,480 Speaker 1: and I do think that that is what Republicans are 371 00:21:29,520 --> 00:21:34,560 Speaker 1: saying we're going to hear tonight. But you know, President 372 00:21:34,560 --> 00:21:37,280 Speaker 1: Trump headed down to North Carolina today to sort of 373 00:21:37,520 --> 00:21:41,440 Speaker 1: formally accept the nomination. He did a brief, unexpected, uh 374 00:21:41,760 --> 00:21:44,600 Speaker 1: kind of swing through the Commission site in Charlotte, and 375 00:21:44,880 --> 00:21:46,399 Speaker 1: what we heard out of him was a lot of 376 00:21:46,400 --> 00:21:48,640 Speaker 1: the same kind of tenor and tone that we've heard 377 00:21:48,640 --> 00:21:50,600 Speaker 1: from the White House for the last few months. So 378 00:21:51,119 --> 00:21:53,240 Speaker 1: a lot of talk about how Democrats are trying to 379 00:21:53,280 --> 00:21:56,520 Speaker 1: steal away this election, not a lot of talk about, 380 00:21:56,520 --> 00:22:00,320 Speaker 1: you know, what his policy priorities are going for words 381 00:22:00,400 --> 00:22:03,719 Speaker 1: so um, you know, tonight we're going to hear from 382 00:22:03,760 --> 00:22:09,080 Speaker 1: people like Nicky Haley, who's a potential president presidential aspirin 383 00:22:09,160 --> 00:22:11,760 Speaker 1: of her own. UM. Tim Stott, I think that's going 384 00:22:11,800 --> 00:22:15,359 Speaker 1: to talk um as the only black Republican in the 385 00:22:15,400 --> 00:22:17,720 Speaker 1: in the US Senate is going to talk probably about 386 00:22:18,359 --> 00:22:22,200 Speaker 1: um not only opportunities, own projects and things that he's 387 00:22:22,200 --> 00:22:25,440 Speaker 1: worked with President Trump on, but perhaps even go after 388 00:22:25,520 --> 00:22:28,000 Speaker 1: Joe Biden for some of his gaffs on on racially 389 00:22:28,080 --> 00:22:31,040 Speaker 1: charged issues. But we're also going to hear from people 390 00:22:32,320 --> 00:22:35,320 Speaker 1: um like Donald Trump Jr. The President's son, who really 391 00:22:35,480 --> 00:22:41,440 Speaker 1: is uh made his I don't know, become a personality 392 00:22:41,560 --> 00:22:45,840 Speaker 1: in the last few years as a really harsh critic 393 00:22:45,920 --> 00:22:48,040 Speaker 1: of Democrats. He kind of has a stand up act 394 00:22:48,080 --> 00:22:50,679 Speaker 1: that I'll do before before the president's rallies at times. 395 00:22:50,680 --> 00:22:53,399 Speaker 1: And so you know, while they say that this is 396 00:22:53,440 --> 00:22:55,760 Speaker 1: going to be kind of a focus on people who 397 00:22:55,760 --> 00:22:58,800 Speaker 1: have benefited from the president's policies, it's hard not to 398 00:22:58,840 --> 00:23:00,240 Speaker 1: imagine that it's not going to be a lot of 399 00:23:00,280 --> 00:23:04,320 Speaker 1: red meat for for the presidents. Um, I think most 400 00:23:04,440 --> 00:23:06,760 Speaker 1: ardent supporters. I think it's really the three names that 401 00:23:06,800 --> 00:23:10,000 Speaker 1: you just picked out. I think Nicky Haley obviously someone 402 00:23:10,080 --> 00:23:13,359 Speaker 1: who does have presidential aspirations. Tim Scott, I think you 403 00:23:13,400 --> 00:23:15,840 Speaker 1: should also we should also know he could he gets 404 00:23:15,880 --> 00:23:21,560 Speaker 1: likely named as someone with a potential running record. And 405 00:23:21,600 --> 00:23:24,000 Speaker 1: then Don Junior, who's going to be on tomorrow. But 406 00:23:24,080 --> 00:23:26,040 Speaker 1: I think you know he Hill's play to the base. 407 00:23:26,440 --> 00:23:29,920 Speaker 1: So you've got this this sense of diversity, and then 408 00:23:30,080 --> 00:23:32,879 Speaker 1: the red meat the red meat. So it's a really 409 00:23:32,920 --> 00:23:36,639 Speaker 1: interesting mix. I'm struck just you know, as as an 410 00:23:36,640 --> 00:23:40,439 Speaker 1: observer of all of this, just to see whether or 411 00:23:40,440 --> 00:23:43,480 Speaker 1: not they make any changes stylistically. Have you heard? I mean, 412 00:23:43,480 --> 00:23:44,760 Speaker 1: and I guess we're gonna have to wait a couple 413 00:23:44,800 --> 00:23:47,280 Speaker 1: more hours, but if you heard about how stylistically it 414 00:23:47,320 --> 00:23:51,680 Speaker 1: might look different than what the Dems did last week. Yeah, 415 00:23:51,720 --> 00:23:54,000 Speaker 1: So I think there was a lot of criticism um 416 00:23:54,119 --> 00:23:57,520 Speaker 1: from the President and some of those allies that the 417 00:23:57,560 --> 00:24:02,120 Speaker 1: Democratic Convention felt overproduced, that there wasn't sort of live spontaneity, 418 00:24:02,400 --> 00:24:05,640 Speaker 1: spontaneity to it. So we know Republicans have taken over 419 00:24:05,680 --> 00:24:10,119 Speaker 1: the Melon Arena or Melan Auditorium that's uh in downtown Washington. 420 00:24:10,200 --> 00:24:12,520 Speaker 1: So I think we're gonna steal a little less of 421 00:24:12,600 --> 00:24:15,320 Speaker 1: the sort of prepackaged fits that we saw in the 422 00:24:15,359 --> 00:24:20,119 Speaker 1: Democratic Convention and more um of kind of speakers going live. 423 00:24:20,320 --> 00:24:22,520 Speaker 1: I think we also expect to hear from the president 424 00:24:22,600 --> 00:24:25,840 Speaker 1: each night, so uh tonight, I'm sure there will be 425 00:24:25,880 --> 00:24:30,680 Speaker 1: some way that sort of integrate him into into the proceedings. UM. 426 00:24:30,720 --> 00:24:33,800 Speaker 1: And uh. We know from talking to them that that 427 00:24:33,880 --> 00:24:36,240 Speaker 1: the president has really enjoyed moments in his presidency where 428 00:24:36,240 --> 00:24:38,520 Speaker 1: he's able to sort of surprise people he you know, 429 00:24:38,720 --> 00:24:43,320 Speaker 1: the classic reality television show uh reveal that he really 430 00:24:43,320 --> 00:24:46,520 Speaker 1: loves and so, you know, lots of people involved in 431 00:24:46,520 --> 00:24:49,000 Speaker 1: the commission keeps saying that that we should expect some 432 00:24:49,080 --> 00:24:52,640 Speaker 1: surprises and expect some spontaneity. That cuts both ways, though, 433 00:24:52,640 --> 00:24:55,520 Speaker 1: I mean, Democrats were able to really effectively sort of 434 00:24:55,520 --> 00:24:58,160 Speaker 1: make their case for Joe Biden make their case against 435 00:24:58,200 --> 00:25:01,440 Speaker 1: Donald Trump over fortnights, even if it seems to kind 436 00:25:01,440 --> 00:25:06,239 Speaker 1: of drag at points, especially early on UM. But with 437 00:25:06,320 --> 00:25:08,840 Speaker 1: Republicans kind of ripping up the schedule constantly making a 438 00:25:08,920 --> 00:25:12,400 Speaker 1: lot of changes, there's a lot of room for potential errors, 439 00:25:12,640 --> 00:25:16,640 Speaker 1: moments that the team off message or um create gas 440 00:25:16,760 --> 00:25:18,680 Speaker 1: or things that they're gonna have to respond to down 441 00:25:18,680 --> 00:25:21,280 Speaker 1: the road. So that's going to be the challenges is 442 00:25:21,359 --> 00:25:26,000 Speaker 1: to inject that spontaneity and keep people uh interested in 443 00:25:26,040 --> 00:25:30,000 Speaker 1: the proceedings without running into some trouble. Yeah, and and 444 00:25:30,000 --> 00:25:32,240 Speaker 1: and coming up, we'll have some more economic reaction. But 445 00:25:32,240 --> 00:25:35,960 Speaker 1: it's a pivot now to domestic politics and the virus. 446 00:25:36,000 --> 00:25:39,160 Speaker 1: I'm reading from the Bloomberg terminal justin Sanka, a Bloomberg 447 00:25:39,400 --> 00:25:42,840 Speaker 1: White House reporter. Market sentiment was supported by news over 448 00:25:42,880 --> 00:25:45,439 Speaker 1: the weekend that the US Food and Drug Administration is 449 00:25:45,480 --> 00:25:49,680 Speaker 1: working to expand access to a virus treatment involving blood 450 00:25:49,760 --> 00:25:54,480 Speaker 1: plasma from recovered patients. Separately, The Financial Times reported that 451 00:25:54,480 --> 00:25:58,560 Speaker 1: the Trump administration is considering whether to bypass regulatory standards 452 00:25:58,680 --> 00:26:03,600 Speaker 1: to accelerate and sparemental vaccine. So what has the response 453 00:26:03,680 --> 00:26:08,959 Speaker 1: been from the President's announcement yesterday, uh that uh plasma 454 00:26:09,320 --> 00:26:12,760 Speaker 1: is going to be more readily available, and you know, yes, 455 00:26:12,800 --> 00:26:15,280 Speaker 1: there's debate in the medical community about how effective of 456 00:26:15,280 --> 00:26:17,840 Speaker 1: a treatment this is, but I think everyone agrees it's 457 00:26:17,840 --> 00:26:21,720 Speaker 1: another tool in the medical community's disposal now for them 458 00:26:21,760 --> 00:26:26,760 Speaker 1: to utilize for for treatment for COVID nineteen. Yeah, I mean, 459 00:26:26,800 --> 00:26:29,440 Speaker 1: I think you mentioned that markets are obviously really excited 460 00:26:29,480 --> 00:26:33,040 Speaker 1: by this, and I think the President's allies would say, yeah, 461 00:26:33,040 --> 00:26:36,600 Speaker 1: this is another example of us pushing the FDA really 462 00:26:36,600 --> 00:26:39,640 Speaker 1: hard to start getting treatments into people's hands. I think 463 00:26:39,680 --> 00:26:42,760 Speaker 1: that this has the potential, especially if used early and 464 00:26:42,840 --> 00:26:46,560 Speaker 1: used by people, um who are younger and don't necessarily 465 00:26:46,560 --> 00:26:49,040 Speaker 1: have some of the underlying conditions, that this can prevent 466 00:26:49,760 --> 00:26:53,439 Speaker 1: a bad COVID case from getting worse. Now, you you 467 00:26:53,520 --> 00:26:56,640 Speaker 1: did kind of suggest, um that there is some concern 468 00:26:56,680 --> 00:26:59,560 Speaker 1: within the medical community, and I think that it's important 469 00:26:59,600 --> 00:27:02,920 Speaker 1: to acknowledge that, especially as we start talking about vaccines, 470 00:27:02,920 --> 00:27:06,240 Speaker 1: because that's going to be an even bigger example of 471 00:27:06,240 --> 00:27:09,080 Speaker 1: this issue. But but on plasma, so there's a worry 472 00:27:09,200 --> 00:27:12,159 Speaker 1: both that the treatment might not be as effective as 473 00:27:12,440 --> 00:27:15,280 Speaker 1: the President sort of builded, as could give people false 474 00:27:15,320 --> 00:27:18,879 Speaker 1: hope could have consequences that are not yet known. And 475 00:27:18,920 --> 00:27:22,920 Speaker 1: there's especially worried that by doing this emergency youth authorization, 476 00:27:23,600 --> 00:27:25,760 Speaker 1: it's gonna screw with the way that they do sort 477 00:27:25,800 --> 00:27:30,520 Speaker 1: of um medical trials where people get placebo's, people get 478 00:27:30,520 --> 00:27:34,400 Speaker 1: the actual treatment, they can look at at the consequences 479 00:27:34,440 --> 00:27:38,480 Speaker 1: over time and weigh it against the possible side effects. 480 00:27:38,960 --> 00:27:42,800 Speaker 1: If there's difficult difficulty recruiting people those studies, it may 481 00:27:42,840 --> 00:27:45,680 Speaker 1: be longer for us to find out how effectually effective 482 00:27:45,680 --> 00:27:48,320 Speaker 1: the treatment actually is. And that's always the balance that 483 00:27:48,359 --> 00:27:52,720 Speaker 1: I think doctors and medical professionals face, Right, you want 484 00:27:52,720 --> 00:27:54,680 Speaker 1: to get the science good on something, but you also 485 00:27:54,680 --> 00:27:57,480 Speaker 1: don't want to deprive people of the treatment there And 486 00:27:57,480 --> 00:27:59,639 Speaker 1: and that's the debate that that it's certainly happening with 487 00:27:59,680 --> 00:28:03,400 Speaker 1: apply asthma, and could potentially happen if there's political pressure 488 00:28:04,040 --> 00:28:06,280 Speaker 1: from the Trump administration or to push forward with the 489 00:28:06,400 --> 00:28:09,080 Speaker 1: VEC scene just quickly. What are the chances that that 490 00:28:09,160 --> 00:28:11,360 Speaker 1: Congress gets to a deal this week during the Republican 491 00:28:11,440 --> 00:28:13,080 Speaker 1: National Convention. That'd be a pretty big deal. And even 492 00:28:13,119 --> 00:28:14,320 Speaker 1: if they don't get it this week and they get 493 00:28:14,320 --> 00:28:17,199 Speaker 1: it next week, it's still you know, another feather in 494 00:28:17,240 --> 00:28:20,600 Speaker 1: the President's cap. Yeah, I think it's gonna be hard 495 00:28:20,600 --> 00:28:22,280 Speaker 1: for a deal to come together this week because it 496 00:28:22,280 --> 00:28:24,600 Speaker 1: doesn't sound like the White House and the House Democrats 497 00:28:24,600 --> 00:28:28,320 Speaker 1: are even really negotiating at this point. But I do 498 00:28:28,400 --> 00:28:30,000 Speaker 1: think that there's a sense that there's going to be 499 00:28:30,119 --> 00:28:34,400 Speaker 1: political pressure, especially um as some of the president's uh 500 00:28:34,760 --> 00:28:37,280 Speaker 1: unilateral efforts don't bear as much for it as they 501 00:28:37,280 --> 00:28:40,360 Speaker 1: hope to get everybody back to negotiating table. Democrats are 502 00:28:40,360 --> 00:28:43,040 Speaker 1: feeling that pressure too over the Post Office and and 503 00:28:43,160 --> 00:28:47,560 Speaker 1: try to get a deal. Brett Brown's done with the Sixers. Yeah, 504 00:28:47,600 --> 00:28:53,440 Speaker 1: it's it's time to turn the page. Last word they're 505 00:28:53,600 --> 00:28:56,320 Speaker 1: from Justine Sinkets. I haven't heard the page sixers. The 506 00:28:56,400 --> 00:28:59,520 Speaker 1: Brett Brown era needs to end. I'm vince, really you're 507 00:28:59,560 --> 00:29:11,760 Speaker 1: listening into Bloomberg. This is Bloomberg's sound on with Kevin 508 00:29:11,800 --> 00:29:16,200 Speaker 1: Surley on Bloomberg and one oh five point seven FM 509 00:29:16,360 --> 00:29:20,239 Speaker 1: HD two. So I have a confession. First of all, 510 00:29:20,280 --> 00:29:22,120 Speaker 1: my name is Kevin Sili. I'm the Chief Washington Course 511 00:29:22,160 --> 00:29:25,120 Speaker 1: Monitor member TV and radio. So I'm watching the Sixers 512 00:29:25,240 --> 00:29:30,120 Speaker 1: yesterday and I really didn't get into I don't even 513 00:29:30,120 --> 00:29:32,120 Speaker 1: know if you can call this a season. I still 514 00:29:32,200 --> 00:29:34,080 Speaker 1: it doesn't feel like a season. But I you know, 515 00:29:34,120 --> 00:29:37,240 Speaker 1: I listened to a lot of sports, and it turns 516 00:29:37,240 --> 00:29:39,880 Speaker 1: on the game yesterday, I'm like, they're now three and three, 517 00:29:39,880 --> 00:29:43,480 Speaker 1: and oh, come on, keV, do it for the sixth 518 00:29:43,520 --> 00:29:46,280 Speaker 1: grade version of yourself and just root for Alan Iverson 519 00:29:46,320 --> 00:29:49,280 Speaker 1: against the Lakers. But so I'm watching the game, and 520 00:29:49,640 --> 00:29:52,680 Speaker 1: has anyone seen these games? They don't have fans in 521 00:29:52,720 --> 00:29:56,200 Speaker 1: the stands. They've got like it reminds me of that 522 00:29:56,240 --> 00:29:58,040 Speaker 1: computer game I used to play when I was a kid, 523 00:29:58,120 --> 00:30:00,959 Speaker 1: like Backyard Basketball, and anyone play that and it and 524 00:30:01,040 --> 00:30:06,440 Speaker 1: it's it's literally avatars. It was so weird. I And 525 00:30:06,480 --> 00:30:09,240 Speaker 1: then I was trying to figure out if they're actually 526 00:30:09,280 --> 00:30:12,760 Speaker 1: playing the game without fans in the stansas because they 527 00:30:12,800 --> 00:30:17,640 Speaker 1: had a crowd soundtrack, and but I'm thinking to myself 528 00:30:17,680 --> 00:30:19,760 Speaker 1: as a quiet in the stadium. I got real in 529 00:30:19,800 --> 00:30:22,840 Speaker 1: my head about it. And the Sixers lost. All right, 530 00:30:23,080 --> 00:30:29,360 Speaker 1: enough basketball talk, and uh, let's welcome the panel. Bill McGinley, 531 00:30:29,520 --> 00:30:34,680 Speaker 1: principal at the Vocal Group, former White House Cabinet Thanks 532 00:30:34,680 --> 00:30:36,520 Speaker 1: for coming on. Bill, It's great to have you back. 533 00:30:36,760 --> 00:30:39,360 Speaker 1: He's a former White House Cabinet Secretary and former Deputy 534 00:30:39,400 --> 00:30:45,440 Speaker 1: Council at the Republican National Committee. And Fernando Espellas. He 535 00:30:45,600 --> 00:30:49,080 Speaker 1: is the CEO of a new Hispanic super pac American 536 00:30:49,240 --> 00:30:52,800 Speaker 1: Latinos United. Fernando, this is your first time on the program. 537 00:30:52,800 --> 00:30:55,640 Speaker 1: Thank you so much for joining me. Well, thank you, Kevin, 538 00:30:55,680 --> 00:30:57,680 Speaker 1: thanks for the invitation. It's applied to be with you. 539 00:30:57,680 --> 00:31:01,040 Speaker 1: You are also a Univision Radio ho in Los Angeles, 540 00:31:01,080 --> 00:31:05,600 Speaker 1: which is the largest market for Spanish language media, so 541 00:31:05,640 --> 00:31:09,160 Speaker 1: I very much appreciate you making some time for me. 542 00:31:09,200 --> 00:31:11,959 Speaker 1: We've got a lot to talk about, Bill. What are 543 00:31:11,960 --> 00:31:16,560 Speaker 1: you going to be looking for, uh tonight at the convention? 544 00:31:16,600 --> 00:31:19,760 Speaker 1: From Nicky Haley, from Tim Scott at a course from 545 00:31:19,880 --> 00:31:24,080 Speaker 1: Don Jr. So I really got to tell you, Kevin, 546 00:31:24,120 --> 00:31:27,160 Speaker 1: I'm focusing on the average Americans that are going to 547 00:31:27,240 --> 00:31:30,760 Speaker 1: be speaking at this convention tonight. Like the National Convention, 548 00:31:30,800 --> 00:31:33,640 Speaker 1: they're gonna have kind of the political all stars, the 549 00:31:33,680 --> 00:31:38,160 Speaker 1: elected officials, the former administration officials, family members come on 550 00:31:38,240 --> 00:31:40,760 Speaker 1: and and talk about their relationship with the President and 551 00:31:40,760 --> 00:31:42,840 Speaker 1: how they worked with them. But some of the people 552 00:31:42,880 --> 00:31:44,440 Speaker 1: that I'm really going to be looking at are going 553 00:31:44,480 --> 00:31:47,440 Speaker 1: to be Amy Johnson Ford, who is a nurse who's 554 00:31:47,480 --> 00:31:51,240 Speaker 1: going to talk about her COVID experience. Natalie Harp um 555 00:31:51,640 --> 00:31:54,520 Speaker 1: catcher survivor, UM, who's going to talk about the Right 556 00:31:54,560 --> 00:31:59,040 Speaker 1: to Try Act, which was legislation that allowed experimental drugs 557 00:31:59,080 --> 00:32:03,720 Speaker 1: to be UM used for terminally ill patients. For Kim Classic, 558 00:32:03,760 --> 00:32:08,400 Speaker 1: who is the candidate in the Maryland's seventh congressional district. 559 00:32:08,440 --> 00:32:12,080 Speaker 1: She's the one who put together UM that social media 560 00:32:12,200 --> 00:32:16,760 Speaker 1: video that went viral about policies to help inner cities. Uh. 561 00:32:16,840 --> 00:32:20,760 Speaker 1: Andrew Pollock, who I think is uh really somebody who 562 00:32:20,760 --> 00:32:23,920 Speaker 1: has suffered a lot of tragedy. He's a Parkland father. Um, 563 00:32:23,960 --> 00:32:27,560 Speaker 1: he lost his daughter in that tragic shooting, and he's 564 00:32:27,560 --> 00:32:30,320 Speaker 1: going to be talking about school safety and what the 565 00:32:30,360 --> 00:32:34,080 Speaker 1: administration has done there. And then Tanya Wandrous, who was 566 00:32:34,120 --> 00:32:37,560 Speaker 1: a small business owner who received a P P P loan. 567 00:32:38,120 --> 00:32:40,240 Speaker 1: So I think, you know, by selecting a lot of 568 00:32:40,280 --> 00:32:45,320 Speaker 1: these speakers, average Americans talking about the administration's policies in 569 00:32:45,400 --> 00:32:49,560 Speaker 1: the immediate immaterial impact that they've had on their lives 570 00:32:49,600 --> 00:32:52,320 Speaker 1: and some of the issues that they face. UM, it's 571 00:32:52,320 --> 00:32:54,200 Speaker 1: gonna be I think you're gonna see a pretty compelling 572 00:32:54,280 --> 00:32:56,840 Speaker 1: narrative come out of it UM. In addition to the 573 00:32:57,280 --> 00:33:00,880 Speaker 1: all stars that that you mentioned, NICKI Haley can obviously, 574 00:33:00,880 --> 00:33:04,760 Speaker 1: Ambassador Haley can talk about UH foreign policy and what 575 00:33:04,880 --> 00:33:07,280 Speaker 1: happened at the u N but also her travels across 576 00:33:07,320 --> 00:33:11,520 Speaker 1: the globe and how the president's foreign policy UM really 577 00:33:11,600 --> 00:33:14,360 Speaker 1: kind of put the American people first and tried to 578 00:33:14,360 --> 00:33:17,959 Speaker 1: really help with some of the struggles that we have abroad. UH. 579 00:33:18,040 --> 00:33:21,160 Speaker 1: Don Jr. Obviously has been extremely involved in the campaign 580 00:33:21,160 --> 00:33:23,960 Speaker 1: as a terrific surrogate for his father. Is going to 581 00:33:24,040 --> 00:33:29,040 Speaker 1: talk passionately about A Yeah, exactly. I think he is 582 00:33:29,080 --> 00:33:32,560 Speaker 1: going to be UH the Red Mediate Mediact and and 583 00:33:32,560 --> 00:33:34,960 Speaker 1: and Senator Scott, as you mentioned in the top I 584 00:33:34,960 --> 00:33:37,120 Speaker 1: think is somebody who I really can't wait to hear from. 585 00:33:37,440 --> 00:33:41,120 Speaker 1: Well he he inherits the Jack Kemp, the Jack Kemp 586 00:33:41,160 --> 00:33:45,040 Speaker 1: economic model of that and you know, the opportunity zones 587 00:33:45,080 --> 00:33:47,520 Speaker 1: and whatnot, which is really a policy right from Jack 588 00:33:47,600 --> 00:33:50,760 Speaker 1: Kemp's economic model for NATO spailers. I want to bring 589 00:33:50,800 --> 00:33:53,440 Speaker 1: you into this conversation because last week, I mean, you 590 00:33:53,560 --> 00:33:55,920 Speaker 1: hear what Bill's talking about, and it's very much counter 591 00:33:56,080 --> 00:33:59,840 Speaker 1: narrative to the UH story and the and the push 592 00:34:00,000 --> 00:34:02,880 Speaker 1: at the Democrats put out last week. And so I 593 00:34:02,960 --> 00:34:06,360 Speaker 1: guess from your perspective on night one of this opening 594 00:34:06,400 --> 00:34:09,719 Speaker 1: bid for the Republican National Convention, what are you going 595 00:34:09,760 --> 00:34:11,960 Speaker 1: to be looking for as some of those key themes, 596 00:34:12,360 --> 00:34:16,640 Speaker 1: especially for minority groups, whether they're Hispanics, whether they're African Americans, 597 00:34:17,320 --> 00:34:21,759 Speaker 1: or or other underserved groups in the United States. Well, 598 00:34:21,800 --> 00:34:26,800 Speaker 1: I think that beyond anyone's speech, the uninvited guest that 599 00:34:26,920 --> 00:34:30,600 Speaker 1: this convention is the pandemic. Um. We know from polling 600 00:34:30,640 --> 00:34:34,399 Speaker 1: that this is the number one concern for a supermajority 601 00:34:34,480 --> 00:34:38,480 Speaker 1: of Americans with both parties and no party alike. And UM, 602 00:34:38,520 --> 00:34:40,799 Speaker 1: I think people are going to if they're going to 603 00:34:40,880 --> 00:34:43,120 Speaker 1: tune in, and I'm talking about people who may be 604 00:34:43,160 --> 00:34:47,000 Speaker 1: persuaded to vote for President Trump, I think they want 605 00:34:47,040 --> 00:34:49,680 Speaker 1: to hear what this administration is going to do about this, 606 00:34:49,880 --> 00:34:53,879 Speaker 1: what what are their actual plans. I think the big 607 00:34:54,000 --> 00:34:57,600 Speaker 1: risk for the Republicans during this week is that they 608 00:34:57,920 --> 00:35:01,359 Speaker 1: essentially avoid the sub it right that they are so 609 00:35:01,440 --> 00:35:05,000 Speaker 1: determined to follow through on Trump's cues that this is 610 00:35:05,080 --> 00:35:07,960 Speaker 1: over and you know, just people will die and it 611 00:35:08,080 --> 00:35:10,359 Speaker 1: is what it is. Um. I think that's a real 612 00:35:10,680 --> 00:35:14,160 Speaker 1: communications risk here. I don't think there is any number 613 00:35:14,440 --> 00:35:18,000 Speaker 1: of really brilliant speeches that can overcome that major issue. 614 00:35:18,440 --> 00:35:22,120 Speaker 1: And on the secondary plane, although very close to the pandemic, 615 00:35:22,280 --> 00:35:25,319 Speaker 1: is the economy. Um. I'm assuming there's going to be 616 00:35:25,360 --> 00:35:28,480 Speaker 1: millions of people who want to hear how the president 617 00:35:28,560 --> 00:35:31,239 Speaker 1: managed the economy before the pandemics. But I'm assuming that 618 00:35:31,280 --> 00:35:34,840 Speaker 1: anybody who's persuadable at this point wants to hear a 619 00:35:35,000 --> 00:35:40,800 Speaker 1: cogent um coherent plans for rebuilding the economy. And based 620 00:35:40,840 --> 00:35:43,400 Speaker 1: on some of the communications that were released by the 621 00:35:43,400 --> 00:35:47,840 Speaker 1: convention today, uh, it seems very much focused on slogans 622 00:35:47,840 --> 00:35:50,040 Speaker 1: at this point. Obviously they have the opportunity to fill 623 00:35:50,080 --> 00:35:53,000 Speaker 1: in with some real content. But again, I think just 624 00:35:53,120 --> 00:35:55,320 Speaker 1: claiming that it was the best economy in the history 625 00:35:55,400 --> 00:35:58,040 Speaker 1: of the US, UM, you know, might be good for 626 00:35:58,200 --> 00:36:00,000 Speaker 1: the believers, but I don't think it's going to be 627 00:36:00,200 --> 00:36:02,919 Speaker 1: very persuasive unless they add to that with some real 628 00:36:03,640 --> 00:36:06,960 Speaker 1: real plans here to to what people can see the future. 629 00:36:07,440 --> 00:36:10,080 Speaker 1: And yet even even despite that, you look at this 630 00:36:10,120 --> 00:36:13,400 Speaker 1: Wall Street Journal NBC News poll that was that popped 631 00:36:13,400 --> 00:36:17,440 Speaker 1: over the weekend, and it has I want to make 632 00:36:17,480 --> 00:36:19,480 Speaker 1: sure you get the numbers, the numbers correct. I mean 633 00:36:20,840 --> 00:36:25,320 Speaker 1: Biden's leading Trump to UH to forty one percent nationally, 634 00:36:25,320 --> 00:36:27,480 Speaker 1: which really doesn't matter. I mean, it's the swing states, 635 00:36:27,480 --> 00:36:31,319 Speaker 1: which and which there's they're in striking distance, but he 636 00:36:31,719 --> 00:36:37,880 Speaker 1: Trump leads Trump leads UH by ten points on who 637 00:36:37,920 --> 00:36:41,439 Speaker 1: would best handle the economy. Trump scores ten percentage points 638 00:36:41,480 --> 00:36:44,080 Speaker 1: higher than Biden on which candidate best handles the economy. 639 00:36:44,080 --> 00:36:46,480 Speaker 1: Coming up, we're gonna talk more about that with our panel. 640 00:36:46,520 --> 00:36:49,840 Speaker 1: I'm Kevin cur really, chief Washington correspondent for Bloomberg Television 641 00:36:49,840 --> 00:36:51,600 Speaker 1: and Radio, and you're listening to Bluebird and nine and 642 00:36:51,640 --> 00:37:16,879 Speaker 1: nine one M's Kevin Seilli. I'm the chief Washington cores 643 00:37:16,880 --> 00:37:19,960 Speaker 1: monitor for Bloomberg Television and for Bloomberg Radio. And that 644 00:37:20,280 --> 00:37:22,880 Speaker 1: is my song of the summer, Good Time's Role by 645 00:37:23,000 --> 00:37:27,360 Speaker 1: Jimmy Allen featuring Nellie joining us on the panel to 646 00:37:27,440 --> 00:37:31,040 Speaker 1: talk all things policy and politics. And we're gonna talk 647 00:37:31,080 --> 00:37:33,440 Speaker 1: now about mail in voting because Louis de Joeb was 648 00:37:33,480 --> 00:37:36,000 Speaker 1: on Capitol Hill. He of course heads up the US 649 00:37:36,080 --> 00:37:41,120 Speaker 1: Postal Service and was testifying CAT concluding a second day 650 00:37:41,200 --> 00:37:44,759 Speaker 1: of of Hill testimony virtually. Of course, Friday he was 651 00:37:44,800 --> 00:37:49,799 Speaker 1: in the Senate and UH and Monday he was in 652 00:37:49,880 --> 00:37:52,080 Speaker 1: the House, Nancy Lions telling me in the group chat 653 00:37:52,120 --> 00:37:58,520 Speaker 1: that the Sixers head coach Brown is out, is done. 654 00:37:58,600 --> 00:38:02,239 Speaker 1: Brett Brown is God alright, So back to this though, 655 00:38:02,320 --> 00:38:06,080 Speaker 1: Louis de joy was on Capitol Hill. Fernando ceo of 656 00:38:06,239 --> 00:38:09,680 Speaker 1: a new Hispanic superPAC American Latinos United. He is also 657 00:38:09,760 --> 00:38:13,160 Speaker 1: a Univision radio host in Los Angeles, the largest market 658 00:38:13,200 --> 00:38:16,480 Speaker 1: for Spanish language media, and Bill McGinley, principle at the 659 00:38:16,560 --> 00:38:20,200 Speaker 1: Vogel Group, former White House Cabinet Secretary and former Deputy 660 00:38:20,200 --> 00:38:25,360 Speaker 1: Council at the Republican National Committee. Fernando, how important of 661 00:38:25,400 --> 00:38:29,120 Speaker 1: an issue is mail in voting and to be learn 662 00:38:29,200 --> 00:38:32,719 Speaker 1: anything that's a game changer? From Louis to Joy Lewis 663 00:38:32,760 --> 00:38:36,560 Speaker 1: de Joyce, Well, I think it's very big for a 664 00:38:36,800 --> 00:38:38,799 Speaker 1: very practical reason, which is that we're in the midst 665 00:38:38,800 --> 00:38:42,680 Speaker 1: of a pandemic and giving people an ability to vote 666 00:38:43,200 --> 00:38:46,359 Speaker 1: in without exposing themselves to a virus seems to be 667 00:38:46,760 --> 00:38:48,560 Speaker 1: a bit of a brainer. When you add to it 668 00:38:48,600 --> 00:38:51,960 Speaker 1: that there are several states, both Republican leaning in Democratic 669 00:38:52,040 --> 00:38:54,840 Speaker 1: leaning states that have used mel in voting for a 670 00:38:55,000 --> 00:38:59,480 Speaker 1: long long time with complete security and high levels of trust. 671 00:39:00,200 --> 00:39:03,960 Speaker 1: This is of course an invented issue by Trump both 672 00:39:04,280 --> 00:39:06,839 Speaker 1: his own paranoia that if everyone gets a chance to vote, 673 00:39:06,840 --> 00:39:09,759 Speaker 1: they'll vote against him, which I think is a supremely 674 00:39:09,840 --> 00:39:12,759 Speaker 1: weak uh point of view. And he did say a 675 00:39:12,800 --> 00:39:15,399 Speaker 1: few months ago that if everyone got a chance to vote, 676 00:39:15,440 --> 00:39:18,000 Speaker 1: Republicans would never be elected again. So he once again 677 00:39:18,040 --> 00:39:21,080 Speaker 1: he's telling us exactly what he thinks. So for him 678 00:39:21,120 --> 00:39:25,400 Speaker 1: to have created this artifice of a crisis, really I 679 00:39:25,440 --> 00:39:30,839 Speaker 1: think it's bouncing uh boomerang boomerang back at him because 680 00:39:30,840 --> 00:39:33,279 Speaker 1: it turns out that there's no partisan vent to the 681 00:39:33,320 --> 00:39:36,879 Speaker 1: post Office. It's really about utility and and something which 682 00:39:36,920 --> 00:39:38,799 Speaker 1: I was not aware of before this thing blew up 683 00:39:38,880 --> 00:39:42,160 Speaker 1: is that the post office is very popular among Americans. 684 00:39:42,160 --> 00:39:45,120 Speaker 1: So he's attacking in Fernando, I feel like you just 685 00:39:45,200 --> 00:39:47,160 Speaker 1: I feel like you just kind of gave your I 686 00:39:47,200 --> 00:39:50,920 Speaker 1: feel like it's not popular amongst Fernando A swell us. No, no, no, no. 687 00:39:51,200 --> 00:39:53,560 Speaker 1: I had no no actual consciousness of it. You know, 688 00:39:53,719 --> 00:39:56,200 Speaker 1: it worked, and so I though about it. I didn't 689 00:39:56,200 --> 00:39:58,360 Speaker 1: realize that it was so that it actually had a 690 00:39:58,400 --> 00:40:01,120 Speaker 1: fan club and it was made up of the vast 691 00:40:01,120 --> 00:40:04,560 Speaker 1: majority of American But I think soul I used the 692 00:40:04,560 --> 00:40:06,560 Speaker 1: Post Office. I gotta cut in here. I got to 693 00:40:06,560 --> 00:40:09,160 Speaker 1: defend the post office. I use it for everything, all 694 00:40:09,160 --> 00:40:11,160 Speaker 1: write my thank you notes. You know, I do all 695 00:40:11,280 --> 00:40:15,120 Speaker 1: that I do. Uh pro mail. I'm pro mail. I'm 696 00:40:15,120 --> 00:40:17,359 Speaker 1: totally pro male. I just was not aware how pro 697 00:40:17,480 --> 00:40:22,320 Speaker 1: maile everyone else around me. Right, But yeah, but but no, 698 00:40:22,480 --> 00:40:24,840 Speaker 1: I mean, I I do think that what was interesting 699 00:40:24,840 --> 00:40:28,760 Speaker 1: about the postmas in general's testimony is his claim that 700 00:40:28,880 --> 00:40:34,480 Speaker 1: they will actually fulfill their responsibilities by processing balance very 701 00:40:34,560 --> 00:40:36,520 Speaker 1: quickly to make sure the election works out. Now, whether 702 00:40:36,560 --> 00:40:39,799 Speaker 1: he does that or not, whether he's just frankly making 703 00:40:39,800 --> 00:40:41,960 Speaker 1: it up because he's under such a tremendous pressure remains 704 00:40:42,000 --> 00:40:44,200 Speaker 1: to be seen. But certainly, I think this this was 705 00:40:44,239 --> 00:40:47,640 Speaker 1: a very weird, kind of paranoid thing that Trump kind 706 00:40:47,640 --> 00:40:50,480 Speaker 1: of just burped up at one point, and it's become 707 00:40:50,600 --> 00:40:53,560 Speaker 1: a real problem for him politically. Certainly. Well, I think, 708 00:40:53,680 --> 00:40:55,279 Speaker 1: you know, Bill, when I was watching some of the 709 00:40:55,840 --> 00:40:58,160 Speaker 1: rhetoric coming from the left and the right, I think 710 00:40:58,200 --> 00:41:01,080 Speaker 1: both sides have really utilized this issue as an as 711 00:41:01,120 --> 00:41:05,480 Speaker 1: a way to, uh to drum up support for their basis. 712 00:41:05,560 --> 00:41:08,320 Speaker 1: You've got you know, whether it's former President Obama and 713 00:41:08,640 --> 00:41:12,279 Speaker 1: former First Lady Obama speaking last week at the convention, saying, 714 00:41:12,280 --> 00:41:14,560 Speaker 1: you know, wait in line, stay in line, or get 715 00:41:14,640 --> 00:41:17,919 Speaker 1: your ballots in early. Or you have the president today 716 00:41:18,000 --> 00:41:22,480 Speaker 1: speaking at the Republican National Convention already briefly uh officially 717 00:41:22,480 --> 00:41:25,960 Speaker 1: after he was named, of course, the nominee again saying, 718 00:41:26,120 --> 00:41:27,719 Speaker 1: you know, be careful. We gotta we gotta be on 719 00:41:27,719 --> 00:41:29,919 Speaker 1: the lookout for no funny business. Both sides are really 720 00:41:30,000 --> 00:41:34,680 Speaker 1: using this to speak to their respective basis. Bill, Yeah, 721 00:41:34,719 --> 00:41:37,040 Speaker 1: I agree with that, and um, what a surprise in 722 00:41:37,960 --> 00:41:42,120 Speaker 1: that a nonpartisan institution becomes a partisan punching bag from 723 00:41:42,160 --> 00:41:45,720 Speaker 1: both sides. Um. You know a couple of things about 724 00:41:45,760 --> 00:41:49,719 Speaker 1: the mail and UH issue and the post office. Number one, 725 00:41:49,840 --> 00:41:52,520 Speaker 1: the Post Office does have funds, right, you know, the 726 00:41:52,560 --> 00:41:56,560 Speaker 1: Democrats are saying it needs an additional billion, but every 727 00:41:56,600 --> 00:41:59,239 Speaker 1: report that I've read says that you've got about ten 728 00:41:59,280 --> 00:42:03,440 Speaker 1: billion dollars UM that they can access to assist with operations, 729 00:42:04,000 --> 00:42:07,279 Speaker 1: um if necessary. Um. The use of the U. S. 730 00:42:07,360 --> 00:42:10,040 Speaker 1: Post Office from other data that I've been reading, has 731 00:42:10,040 --> 00:42:14,920 Speaker 1: been declining over the years because people increasingly send messages 732 00:42:14,960 --> 00:42:18,600 Speaker 1: electronically and photographs and everything else. They're not mailing it. 733 00:42:19,160 --> 00:42:22,600 Speaker 1: And in fact, during the Obama administration. You know, in 734 00:42:22,640 --> 00:42:25,400 Speaker 1: some of their budgets, Um, there was talk about the 735 00:42:25,440 --> 00:42:28,759 Speaker 1: need for reform that you know, UPS and FedEx were 736 00:42:28,800 --> 00:42:31,640 Speaker 1: doing fine. It was the Post Office that was struggling. 737 00:42:31,680 --> 00:42:34,759 Speaker 1: I think was the quote that President Obama got caught 738 00:42:34,800 --> 00:42:37,080 Speaker 1: in in a in a candid moment, and in fact, 739 00:42:37,160 --> 00:42:40,040 Speaker 1: some of their budgets that they submitted, Um, they wanted 740 00:42:40,040 --> 00:42:42,480 Speaker 1: to scale back the Post Office from a six day 741 00:42:42,480 --> 00:42:47,560 Speaker 1: delivery system to a five day delivery system by eliminating Saturday. Um. 742 00:42:47,600 --> 00:42:50,680 Speaker 1: They also talked about no more to the door delivery 743 00:42:51,239 --> 00:42:54,719 Speaker 1: of post of mail, but you know, instead trying to 744 00:42:54,760 --> 00:42:57,000 Speaker 1: do it to some sort of central location where people 745 00:42:57,040 --> 00:42:59,680 Speaker 1: could come pick it up. So there have been issues 746 00:42:59,719 --> 00:43:02,160 Speaker 1: with the Post Office, but the Post Office has showed 747 00:43:02,360 --> 00:43:06,120 Speaker 1: a lot of resiliency during the pandemic. UM. And in fact, 748 00:43:06,239 --> 00:43:08,719 Speaker 1: I believe the Postmaster General when he says that they're 749 00:43:08,719 --> 00:43:10,680 Speaker 1: going to be able to do it. Um the proof 750 00:43:10,760 --> 00:43:13,560 Speaker 1: is in the pudding. We'll see how it goes. But um, 751 00:43:13,600 --> 00:43:15,640 Speaker 1: I think in this testimony he did say that they 752 00:43:15,640 --> 00:43:18,080 Speaker 1: were going to be able to handle the surge in 753 00:43:18,200 --> 00:43:20,560 Speaker 1: both mail and ballots for those states to do that, 754 00:43:20,680 --> 00:43:25,120 Speaker 1: but also the absentee ballot, you know, go ahead. Well, 755 00:43:25,120 --> 00:43:26,880 Speaker 1: I was going to say over the weekend, just speaking, 756 00:43:26,960 --> 00:43:29,920 Speaker 1: just catch everybody up to speed. UH. And Eric Wasson 757 00:43:30,400 --> 00:43:32,240 Speaker 1: was working for us over the weekend. He's a Bloomberg 758 00:43:32,280 --> 00:43:36,520 Speaker 1: congressional reporter. The House voted on that twenty five billion 759 00:43:36,640 --> 00:43:40,759 Speaker 1: dollar funding bill UH, and it passed with every Democrat 760 00:43:40,880 --> 00:43:43,320 Speaker 1: voting for it. It It also passed the twenty six Republicans. 761 00:43:43,360 --> 00:43:47,440 Speaker 1: Twenty six Republicans vote across the island UH and voted 762 00:43:47,600 --> 00:43:52,560 Speaker 1: for this billion dollar funding for the Postal Service. Ten 763 00:43:52,560 --> 00:43:54,839 Speaker 1: billion is what the Senate version of the bill had 764 00:43:54,880 --> 00:43:58,200 Speaker 1: called for. But these are some pretty conservative members. Republican 765 00:43:58,320 --> 00:44:02,440 Speaker 1: John Katko, he is an endangered New York incumbent Republican. 766 00:44:02,719 --> 00:44:05,560 Speaker 1: He said in a statement why he voted for it. Quote, 767 00:44:05,600 --> 00:44:10,239 Speaker 1: slowing of these services would have a disastrous impact on 768 00:44:10,280 --> 00:44:12,480 Speaker 1: the lives of many Americans. Now was not the time 769 00:44:12,480 --> 00:44:18,239 Speaker 1: to jeopardize USPS operations or delay services. Oklahoma Representative Tom 770 00:44:18,280 --> 00:44:21,520 Speaker 1: Cole he said that he voted for it a Republican. 771 00:44:21,560 --> 00:44:24,040 Speaker 1: He said the complete freezing of service changes at the 772 00:44:24,120 --> 00:44:28,600 Speaker 1: January level will quote ultimately make it harder to improve 773 00:44:28,680 --> 00:44:32,360 Speaker 1: operations and ensure that the Postal Services set on a 774 00:44:32,440 --> 00:44:37,080 Speaker 1: ready course for the future. And then there's Will Heard. 775 00:44:37,360 --> 00:44:41,359 Speaker 1: Congressman Will Heard is retiring and he voted for it 776 00:44:41,440 --> 00:44:45,720 Speaker 1: and said that the postal services vital. They provide prescriptions, 777 00:44:46,280 --> 00:44:48,520 Speaker 1: I mean, and we haven't really talked about that is 778 00:44:48,800 --> 00:44:51,440 Speaker 1: about how many Americans, millions of Americans rely on the 779 00:44:51,440 --> 00:44:56,440 Speaker 1: postal Service for prescriptions. But according to her, no, wait, 780 00:44:56,520 --> 00:44:59,520 Speaker 1: let me finish, they also provide absentee ballots, a method 781 00:44:59,560 --> 00:45:02,120 Speaker 1: to pay bills, and so much more to the American people, 782 00:45:02,400 --> 00:45:05,360 Speaker 1: and they're doing this throughout the pandemic. They are essential, 783 00:45:05,440 --> 00:45:08,399 Speaker 1: and like always, I will continue to supportment. That's from 784 00:45:08,400 --> 00:45:12,439 Speaker 1: Congress Hurd whoever I interrupted, go ahead, come in here. Yeah, 785 00:45:12,440 --> 00:45:16,080 Speaker 1: I'm sorry to do that. Here's here's the issue, though, 786 00:45:16,160 --> 00:45:20,680 Speaker 1: right when you have a president who pronounces out loud 787 00:45:20,719 --> 00:45:24,040 Speaker 1: that if there's universal mailing voting, Republicans will never win again. 788 00:45:24,560 --> 00:45:28,040 Speaker 1: Whatever happens after that is a function of that. I mean, 789 00:45:28,080 --> 00:45:31,640 Speaker 1: the idea of the President United States said these things 790 00:45:31,760 --> 00:45:34,080 Speaker 1: out loud and then that the people that work for 791 00:45:34,239 --> 00:45:38,319 Speaker 1: him don't actually implement it is a ludicrous idea. So 792 00:45:38,440 --> 00:45:40,760 Speaker 1: even if there is a need to reform the post Office, 793 00:45:40,800 --> 00:45:43,680 Speaker 1: there probably is. It does not mean that it has 794 00:45:43,719 --> 00:45:47,200 Speaker 1: to be happened just before an election, after the president 795 00:45:47,239 --> 00:45:51,799 Speaker 1: has articulated his fear that people voting is bad for 796 00:45:51,960 --> 00:45:54,960 Speaker 1: him and for Republicans. So so what we have here 797 00:45:55,160 --> 00:46:00,480 Speaker 1: is a presidency that unfortunately is so based on Trump's 798 00:46:00,520 --> 00:46:04,960 Speaker 1: personality beyond any policy consideration um, that is so driven 799 00:46:05,080 --> 00:46:08,160 Speaker 1: by his id, so driven by these tweets, which you know, 800 00:46:08,200 --> 00:46:10,080 Speaker 1: the tweets are just kind of a reflection of what's 801 00:46:10,080 --> 00:46:12,839 Speaker 1: happening in his brain at any one moment um. And 802 00:46:12,840 --> 00:46:15,560 Speaker 1: and so that there, you there you have a situation 803 00:46:15,680 --> 00:46:18,960 Speaker 1: which is very hard for Americans to believe that what, 804 00:46:19,200 --> 00:46:21,040 Speaker 1: you know, whatever is being done with the post Office 805 00:46:21,040 --> 00:46:24,440 Speaker 1: actually has a good purpose as opposed to trying to 806 00:46:24,480 --> 00:46:29,040 Speaker 1: make sure that the president doesn't lose a panel. You know, 807 00:46:29,239 --> 00:46:31,279 Speaker 1: we gotta jump, but coming up next, we're gonna talk more, 808 00:46:31,280 --> 00:46:32,520 Speaker 1: and you guys can tell me what's on your radar, 809 00:46:32,560 --> 00:46:34,959 Speaker 1: because I gotta go to break but but but hold 810 00:46:34,960 --> 00:46:36,279 Speaker 1: it right there. And the one thing that I would 811 00:46:36,320 --> 00:46:40,000 Speaker 1: just add to this is states run elections. So I 812 00:46:40,000 --> 00:46:42,840 Speaker 1: think we're all conflating the issue that the Postal Service 813 00:46:42,880 --> 00:46:46,160 Speaker 1: has to stamp the elections will actually the rules for 814 00:46:46,239 --> 00:46:50,160 Speaker 1: governing mail in voting come from the states, and that 815 00:46:50,200 --> 00:46:52,440 Speaker 1: gets decided as in the case of Washington State, it 816 00:46:52,520 --> 00:46:56,279 Speaker 1: took twenty years, twenty years for a liberal state like 817 00:46:56,320 --> 00:46:59,640 Speaker 1: Washington to get to the point of of of mail 818 00:46:59,719 --> 00:47:02,399 Speaker 1: in voting. I'm Kevin Surreally much more coming up next. 819 00:47:02,480 --> 00:47:17,640 Speaker 1: You're listening to Bloomberg. You're listening to Bloomberg Sound On 820 00:47:17,719 --> 00:47:21,759 Speaker 1: with Kevin Surreley on Bloomberg and one on five point 821 00:47:21,800 --> 00:47:24,719 Speaker 1: seven f M h D two. I'm Kevin Sireli, Chief 822 00:47:24,760 --> 00:47:31,080 Speaker 1: Washington correspondent for Bloomberg Television and for Bloomberg Radio. And 823 00:47:31,120 --> 00:47:33,880 Speaker 1: now it's time for my favorite part of the program, 824 00:47:33,920 --> 00:47:36,759 Speaker 1: which is what is on your radar or is on 825 00:47:36,840 --> 00:47:40,680 Speaker 1: the Panels radar. Fernando espelas the CEO of a new 826 00:47:40,719 --> 00:47:44,560 Speaker 1: Hispanic superPAC called American Latinos United. He is a Univision 827 00:47:44,640 --> 00:47:48,319 Speaker 1: radio host in l A, which you know, I'm gonna 828 00:47:48,360 --> 00:47:49,880 Speaker 1: say it. I thought I was going to be spending 829 00:47:49,920 --> 00:47:52,040 Speaker 1: a lot of time in California when this year began. 830 00:47:52,360 --> 00:47:56,600 Speaker 1: It's the largest market for Spanish language media. And Bill McGinley, 831 00:47:56,640 --> 00:47:59,399 Speaker 1: principle at the Vogel Group. He is the former White 832 00:47:59,440 --> 00:48:03,120 Speaker 1: House Cabinet Secretary and former Deputy Council at the Republican 833 00:48:03,200 --> 00:48:06,680 Speaker 1: National Committee. I'm still California, dream And Fernando, are you 834 00:48:06,719 --> 00:48:10,520 Speaker 1: out in l A. I'm actually in d C. Moved 835 00:48:10,640 --> 00:48:14,799 Speaker 1: my show out here some years ago. But yeah, it's nice. 836 00:48:15,239 --> 00:48:17,360 Speaker 1: It's very nice. I've got family out there. And Um, 837 00:48:17,440 --> 00:48:19,960 Speaker 1: I was just talking about yesterday and I was like, oh, 838 00:48:20,000 --> 00:48:22,319 Speaker 1: He's like, yeah, it's hot and and I'm on going 839 00:48:22,360 --> 00:48:24,600 Speaker 1: to the beach with the kids, like I wish I 840 00:48:24,640 --> 00:48:29,480 Speaker 1: was at the beach. Fernando, what is on your radar? Yeah? Well, um, 841 00:48:29,520 --> 00:48:31,080 Speaker 1: you know you asked up at the beginning of the 842 00:48:31,120 --> 00:48:35,160 Speaker 1: program how minority voters were thinking about things. Well, there's 843 00:48:35,200 --> 00:48:39,080 Speaker 1: something that gets almost zero coverage, which is that there, 844 00:48:39,200 --> 00:48:42,080 Speaker 1: if there's one group of voters in the United States 845 00:48:42,120 --> 00:48:44,520 Speaker 1: that Trump has been able to maintain and in some 846 00:48:44,600 --> 00:48:48,880 Speaker 1: surveys grow his support are actually like you know, um 847 00:48:48,960 --> 00:48:52,840 Speaker 1: so um. The reality of his fan export for Trump 848 00:48:52,960 --> 00:48:56,439 Speaker 1: is something that is very shocking to Democrats. But it's 849 00:48:56,680 --> 00:49:01,640 Speaker 1: real and constant and doesn't to move I know very much. Um. 850 00:49:01,680 --> 00:49:03,480 Speaker 1: And there's a whole bunch of reasons for that, their 851 00:49:03,520 --> 00:49:09,440 Speaker 1: cultural reasons, their social issues around it, Catholicism, Yeah, all 852 00:49:09,480 --> 00:49:11,560 Speaker 1: sorts of things that are related to right to life, 853 00:49:11,560 --> 00:49:14,839 Speaker 1: to gay rights, and of course depending on which group 854 00:49:14,840 --> 00:49:17,960 Speaker 1: and Hispanics were talking about issues like Castro and Emmaduro 855 00:49:18,040 --> 00:49:21,239 Speaker 1: and so forth. And so that's really a fascinating dynamic 856 00:49:21,480 --> 00:49:26,439 Speaker 1: of of someone who constantly in self asthetic people being 857 00:49:26,480 --> 00:49:29,960 Speaker 1: able to maintain roughly a third of Hispanic support, of 858 00:49:30,880 --> 00:49:33,440 Speaker 1: a third of the overall Hispanic elector to continue to 859 00:49:33,440 --> 00:49:37,839 Speaker 1: support the president. Well, what do you think, what what rate? 860 00:49:38,440 --> 00:49:42,120 Speaker 1: What percentage right do you think that they get to 861 00:49:42,840 --> 00:49:47,120 Speaker 1: um in terms of or what right do Republicans need 862 00:49:47,200 --> 00:49:50,320 Speaker 1: in order to outperform the expectation? I guess is the 863 00:49:50,360 --> 00:49:53,200 Speaker 1: better question. Yeah, well that's interesting. So if you look 864 00:49:53,239 --> 00:49:56,439 Speaker 1: at the last four elections of five elections, you see 865 00:49:56,480 --> 00:50:01,239 Speaker 1: that Republicans consistently received somewhere from the bottom, which was 866 00:50:01,320 --> 00:50:04,880 Speaker 1: Romney all the way up to and they're different numbers 867 00:50:04,920 --> 00:50:07,560 Speaker 1: related to how how well President Bush did in two 868 00:50:07,560 --> 00:50:12,280 Speaker 1: thousand four, but people generally think around but most of 869 00:50:12,280 --> 00:50:15,759 Speaker 1: of of his fantish pots Republicans in presidential elections is 870 00:50:15,800 --> 00:50:21,000 Speaker 1: around thirty thirty, two thirty three, and President Trump received 871 00:50:21,040 --> 00:50:25,319 Speaker 1: in the exit polls at least in roughly in the 872 00:50:25,400 --> 00:50:29,359 Speaker 1: latest NBC poll, he's clocking in at and that's like 873 00:50:29,400 --> 00:50:31,880 Speaker 1: the third version of that poll that he's actually doing 874 00:50:31,920 --> 00:50:34,600 Speaker 1: better than out performing his exit polls. So I think 875 00:50:34,640 --> 00:50:38,719 Speaker 1: this is just the reality that Democrats absolutely do not 876 00:50:38,880 --> 00:50:41,680 Speaker 1: want to face. They live in a fantasy world in 877 00:50:41,719 --> 00:50:45,720 Speaker 1: which Hispanics have no options except to vote for Democrats, 878 00:50:45,800 --> 00:50:49,319 Speaker 1: and they're constantly disappointed that they actually don't get more 879 00:50:49,400 --> 00:50:54,040 Speaker 1: votes from our community. I find that remarkable. And do 880 00:50:54,080 --> 00:50:56,120 Speaker 1: you think because because it's even and it goes back 881 00:50:56,160 --> 00:50:58,040 Speaker 1: to the Wall Street Churnal poll because and you look 882 00:50:58,080 --> 00:51:00,200 Speaker 1: at the cross tabs on these polls, and I said 883 00:51:00,200 --> 00:51:02,839 Speaker 1: it to my friend Tammy today earlier lunch, I said, 884 00:51:02,840 --> 00:51:05,000 Speaker 1: I think this race is a lot closer than people think, 885 00:51:05,440 --> 00:51:09,440 Speaker 1: because you've got a majority of fifty eight percent in 886 00:51:09,480 --> 00:51:13,040 Speaker 1: the Wall Street Journal NBC News survey disapproved of Trump's 887 00:51:13,280 --> 00:51:16,719 Speaker 1: pandemic management. But he's still leading on the issue of 888 00:51:16,800 --> 00:51:19,400 Speaker 1: the economy. And so that's it's like they're these two 889 00:51:19,480 --> 00:51:21,640 Speaker 1: and and that's still the number one issue. The number 890 00:51:21,640 --> 00:51:23,680 Speaker 1: one issue that people are voting on, according to the polls, 891 00:51:24,360 --> 00:51:27,319 Speaker 1: is the economy, not the pandemic. And so that's why 892 00:51:27,400 --> 00:51:30,799 Speaker 1: it's like there's these very competing data flows that are 893 00:51:30,800 --> 00:51:34,000 Speaker 1: out there, and it's going to be really interesting to see. Fernando, 894 00:51:34,000 --> 00:51:35,200 Speaker 1: I'll give you the last word. I know you have 895 00:51:35,239 --> 00:51:36,840 Speaker 1: to go, so I want to give you a final 896 00:51:36,880 --> 00:51:40,480 Speaker 1: word before before before you jump off. All right, thank you, 897 00:51:40,600 --> 00:51:42,279 Speaker 1: and yeah, I have to go do my show. But 898 00:51:42,280 --> 00:51:46,319 Speaker 1: but very when we we we look at um and 899 00:51:46,360 --> 00:51:48,759 Speaker 1: we know that the Trump won mission, for example, by 900 00:51:48,760 --> 00:51:51,840 Speaker 1: a round ten thousand votes. What never gets reported is 901 00:51:51,880 --> 00:51:55,680 Speaker 1: he received nineties thousand Hispanic votes. So said in a 902 00:51:55,680 --> 00:52:02,200 Speaker 1: different way, if Democrats actually ever become proficient uh persuading Hispanics, 903 00:52:02,200 --> 00:52:04,800 Speaker 1: which they have, and um, you know, they could actually 904 00:52:04,840 --> 00:52:08,200 Speaker 1: win even close elections in the electoral college. And short 905 00:52:08,200 --> 00:52:12,080 Speaker 1: of doing that, unfortunately for them, they're going to continue 906 00:52:12,080 --> 00:52:15,760 Speaker 1: to underperform and disappoint the rest of the country. Spellers, 907 00:52:15,800 --> 00:52:17,719 Speaker 1: go on air, Go do your thing. CEO of the 908 00:52:17,760 --> 00:52:22,040 Speaker 1: New Anytime American Latinos United, a Univision radio host in 909 00:52:22,160 --> 00:52:25,200 Speaker 1: l A, the largest market for Spanish language and media, Bill, 910 00:52:25,560 --> 00:52:30,560 Speaker 1: all right, sear me what is on your radar? Bill McGinley, UH, 911 00:52:30,760 --> 00:52:34,200 Speaker 1: College and high school athletics. Yes, I could talk about this. 912 00:52:34,320 --> 00:52:36,120 Speaker 1: I could do five shows on this, but no one 913 00:52:36,200 --> 00:52:38,319 Speaker 1: lets me go ahead and I gotta tell you as 914 00:52:38,360 --> 00:52:42,120 Speaker 1: a parent of two high school aged kids. UM, both 915 00:52:42,160 --> 00:52:46,440 Speaker 1: schools have canceled UH sports for the fall, and the 916 00:52:46,520 --> 00:52:49,680 Speaker 1: proposal is, assuming that the virus is under control and 917 00:52:49,680 --> 00:52:51,960 Speaker 1: it can be safely done, to try and cram three 918 00:52:52,040 --> 00:52:55,480 Speaker 1: seasons into the spring semester um. Which if that's the case, 919 00:52:55,520 --> 00:52:58,200 Speaker 1: I hope they can pull it off. Schools are facing 920 00:52:58,200 --> 00:53:01,040 Speaker 1: a real challenge because a lot of them are going 921 00:53:01,080 --> 00:53:04,719 Speaker 1: to be hybrid beginning. My son has already started high school, 922 00:53:04,760 --> 00:53:07,120 Speaker 1: my daughter is going to begin in a week, UM, 923 00:53:07,160 --> 00:53:10,279 Speaker 1: but athletics is a big part of their school experience, 924 00:53:10,760 --> 00:53:13,520 Speaker 1: not only for socialization but of course the important activity 925 00:53:13,560 --> 00:53:16,879 Speaker 1: of physical exercise. And so I think it's a real 926 00:53:16,920 --> 00:53:19,120 Speaker 1: issue that the school districts are going to have to 927 00:53:19,840 --> 00:53:22,640 Speaker 1: grapple with. And of course, on the college level, the 928 00:53:22,680 --> 00:53:25,600 Speaker 1: Pact twelve in the Big Ten UM have canceled their 929 00:53:25,640 --> 00:53:29,000 Speaker 1: football seasons, which just broke my heart. But it sounds 930 00:53:29,000 --> 00:53:32,160 Speaker 1: like SEC A SEC and Big twelve may continue. So 931 00:53:32,640 --> 00:53:35,799 Speaker 1: it's a real ASTERIX here for fall athletics. Okay, you're 932 00:53:35,800 --> 00:53:39,400 Speaker 1: ready for what's happening in Pennsylvania where Governor Tom Wolf 933 00:53:39,880 --> 00:53:44,480 Speaker 1: the Pennsylvania Democrat. Governor Tom Wolf he recommended that the 934 00:53:44,560 --> 00:53:47,680 Speaker 1: p I Double A, which is the Pennsylvania Athletic High 935 00:53:47,680 --> 00:53:51,680 Speaker 1: School Sports for all the public schools and UH in Pennsylvania, 936 00:53:51,719 --> 00:53:54,799 Speaker 1: he recommended that they not play any fall sports. This 937 00:53:54,840 --> 00:53:58,880 Speaker 1: is in Pennsylvania, Governor Tom Wolf, uh and the p 938 00:53:59,040 --> 00:54:03,160 Speaker 1: I Double A, they're not listening to them. They voted 939 00:54:03,320 --> 00:54:08,080 Speaker 1: last Friday to start fall sports practices today today. Yeah, 940 00:54:08,080 --> 00:54:11,640 Speaker 1: today today, with the potential first day of the season 941 00:54:11,680 --> 00:54:15,520 Speaker 1: on Friday, September eleven. So then in a statement responding 942 00:54:15,520 --> 00:54:18,720 Speaker 1: to this, they said, Uh. The Wolf administration says, while 943 00:54:18,800 --> 00:54:22,000 Speaker 1: the administration expressed broad concern with the p I double 944 00:54:22,040 --> 00:54:25,279 Speaker 1: AS plans, including the request for liability protections, we've made 945 00:54:25,320 --> 00:54:27,799 Speaker 1: it clear to them since July that this decision should 946 00:54:27,840 --> 00:54:30,160 Speaker 1: be made by the p I Double A in concert 947 00:54:30,200 --> 00:54:34,600 Speaker 1: with local school districts. So they're going against the governor. 948 00:54:34,800 --> 00:54:37,480 Speaker 1: So even in a battleground states like I'm telling you, 949 00:54:37,520 --> 00:54:41,200 Speaker 1: it's all political. It's uh. Even in the state like Pennsylvania, 950 00:54:41,200 --> 00:54:45,239 Speaker 1: it's political. It's political, but it's also data driven, right. 951 00:54:45,280 --> 00:54:47,200 Speaker 1: I Mean a lot of these schools need to be 952 00:54:47,239 --> 00:54:50,520 Speaker 1: looking at the data, the infection data, what's working, what's 953 00:54:50,520 --> 00:54:53,000 Speaker 1: not working, and if they can make it work. I 954 00:54:53,000 --> 00:54:55,919 Speaker 1: think most parents would agree, let's get the kids back 955 00:54:55,960 --> 00:54:59,040 Speaker 1: to school. Uh if it's gonna be yeah. But but 956 00:54:59,040 --> 00:55:01,240 Speaker 1: but now you have the then you have this question. Okay, 957 00:55:01,239 --> 00:55:03,160 Speaker 1: so they're gonna play sports, but they're not allowed to 958 00:55:03,160 --> 00:55:04,719 Speaker 1: go to school or there there they can only do 959 00:55:04,840 --> 00:55:08,720 Speaker 1: virtual learning. I mean, it's just there's all of these questions. 960 00:55:08,840 --> 00:55:10,560 Speaker 1: If you're gonna have sports, you at least have to 961 00:55:10,600 --> 00:55:14,120 Speaker 1: have a hybrid model. I think for the classroom. Oh yeah, 962 00:55:14,160 --> 00:55:16,279 Speaker 1: it's it's remarkably you know what I mean, Like, you 963 00:55:16,280 --> 00:55:18,399 Speaker 1: can't have one without the other. It needs to be 964 00:55:18,600 --> 00:55:21,560 Speaker 1: all in or it needs it can't be bifurcated like that. 965 00:55:21,840 --> 00:55:24,440 Speaker 1: All right, what's on my radar is the U S 966 00:55:24,440 --> 00:55:27,280 Speaker 1: stocks rose to record highs and bonds fell on signs 967 00:55:27,280 --> 00:55:30,640 Speaker 1: that the Trump administration may fast track vaccines and treatments 968 00:55:30,719 --> 00:55:34,839 Speaker 1: for the Corona virus. The SMP five notched another all 969 00:55:34,920 --> 00:55:39,040 Speaker 1: time high as optimism amounted that the virus won't hamper growth. 970 00:55:39,040 --> 00:55:43,400 Speaker 1: The NASTAC also closed a record for the second consecutive session. 971 00:55:43,880 --> 00:55:48,520 Speaker 1: Companies that benefit for from a more robust UH economic 972 00:55:48,560 --> 00:55:51,960 Speaker 1: restart led the gains. So that's on the economic front, 973 00:55:52,000 --> 00:55:54,800 Speaker 1: and then the story I'm obsessed with I'm gonna do too? 974 00:55:55,400 --> 00:55:59,160 Speaker 1: Uh is the zoom crash the zoom outage Monday ground 975 00:55:59,239 --> 00:56:01,440 Speaker 1: some work meetings, an online learning to a halt on 976 00:56:01,480 --> 00:56:04,239 Speaker 1: the first day of class for many US students, highlighting 977 00:56:04,239 --> 00:56:08,719 Speaker 1: the vulnerabilities of virtual school during the Corona virus pandemic. 978 00:56:09,920 --> 00:56:12,000 Speaker 1: Thanks for spending the hour with me, My friend principal 979 00:56:12,040 --> 00:56:14,160 Speaker 1: at the Vogel Group. He is, of course, the former 980 00:56:14,239 --> 00:56:17,160 Speaker 1: Deputy council at the Republican National Committee and the former 981 00:56:17,160 --> 00:56:20,960 Speaker 1: White House Cabinets Secretary. I've headed to the White House 982 00:56:21,280 --> 00:56:24,360 Speaker 1: Night one of the RNC kicks off tonight. I'm Kevin Sireli, 983 00:56:24,440 --> 00:56:27,440 Speaker 1: Chief Washington Course monit from Bloomberg Television and from Bloomberg 984 00:56:27,560 --> 00:56:30,680 Speaker 1: Radio Don Junior. Tomorrow, I'm heading to the Trump Hotel 985 00:56:30,719 --> 00:56:33,520 Speaker 1: to interview Don Jr. You're listening to Bloomberg