23 Burst results for "Craig Gordon"

"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:54 min | 11 months ago

"craig gordon" Discussed on Bloomberg Radio New York

"Mild move lover down. 17 were off by about 4/10 of 1%. The bigger move is in the NASDAQ is in Big tech, John I notice while 67 or seven and Brent crude or yet to frame out $70 a barrel, let alone people looking at the $80 a barrel as well. We will watch tech the tape a little weak and again the text story a little bit behind, but I really want to emphasize Standard and poor's 500 incurred. Action mowed down 0.25% a quarter of 1% from recognizing Dow with that 32,000 statement yesterday, devastating as well right now, and this is timely on the global impact of the vaccines. Can America prosper out of pandemic? If the rest of the world does not. David, Mile past joins us the World Bank President, Mr Montez wonderful to have you with us. Your World Bank wants a shared prosperity and want you to explain to our fancy audience why we need the impoverished world to get beyond the vaccine in the pandemic to get beyond a pandemic. So we can prosper as well. Great question. Hi everybody into to your to your well manicured audience. The challenge is both the moral the moral issues, meaning we really want people everywhere in the world to do well, but there's a very hard economic reason as well that that That people will create markets of the future, and they will also be the innovators, the the really practitioners off growth that's got to come from all over the world, So I think there's there's both the responsibility to be engaged in countries worldwide on also the the the profit motive for everyone in the world. We all do better. It's a positive sum game if everyone can be in The global economy in a positive way and constructive and keeping track of global public goods like climate history, David I have said this for years full disclosure, Mr Male passes in my book of eons ago, David Malpass. I want to make clear you on the word fast. You have always looked at the calculus of the global economy, and now you do it through the prism of the World Bank. We recovering fast? Some of the countries are you know China didn't even really have a recession in 20 in 2020. The US now looks to be in in a fast recovery, which is welcome on But as as we look at the rest of the at many parts of the world, the inequality is the more striking condition So you can see that you I heard you, the announcer prior talking about commodity prices, and you were talking about oil 70 or $80. That has a differential impact on different countries. Commodity exporters are feeling the rise right now from commodity prices. And so that's good. But the countries that that used commodities that aren't commodity producers, for example, if your primary export is tourism, you know the tourist destinations in the developing world. They're still feeling it very hard, and I think it's going to be a hard 2021. David. As we believe. In this reflection, Trader at least markets do globally. There's been a lot of money that's flown into the developing world into emerging markets assets. Do you think the chance of a debt crisis in the developing world has basically gotten diminished to near nothing? Or do you think that that's still a really prominent risk? I think it's a prominent risk for a lot of the country's I at the bottom on that has to do with the difficulty of getting new investment. You know, it's not enough to get just new debt. You need to have that debt applied in the country's two projects that are really going to create growth. We're trying to provide the vaccine support that we can that helps the people of the country begin to put it back together again. Food insecurity is a big problem because Both the things going on on a global scale in terms of climate changes, but also because the supply change were disrupted. So all of those mean that the people at the bottom are still not are not feeling a lift, and I think they really need some new systems that will give them that kind of lift. One new system would be at least wiping out some of their debt to give them a leg up as they try to enter a new growth trajectory. There's been some talk nascent talk. About linking at debt reduction to addressing climate change issues. How far along are you in those talks? We're working closely with the I'm up on ways that we can envision the connection. It's not just climate, its development in general, the country's need, as if there if there could be debt reduction that would That would temporarily disadvantage the creditors, but it would provide resource is in the country for them to invest into healthcare into covert response on did into climate on so the rest of the world should see that there's a beneficial linkage from foreign countries where their debt is unsustainable because maybe past governments took on too much debt. Or the projects that they were being financed, didn't work out. Some some of the countries have giant white elephants projects that someone thought five years ago or 10 years ago thought it was a good project, and it doesn't work out and still the people the country have to pay the debt a year after year after year, So there's got to be some way out of that for the poorest countries. Mr Bell Pass, I have to ask for Craig Gordon in our Washington team. The delicate question always asked when we see a change in administrations. You were appointed by President Trump to a five year term after World Bank I believed her 2024. But now you have a different president explain the dynamic of the president of the World Bank with a new Biden administration and how you see that unfolding here in the coming months. Yeah, I think pretty well. I was proposed by President Trump. But I was selected by the board of the of the World Bank. I worked for the World Bank and for the shareholders of the World Bank and the governor's, which countries around the world. So as the Biden administration comes in, they guide the relationship as the biggest shareholder in the in the World Bank. But I work for the for the bank. And we're doing things that Biden administration is supportive of. I think Can I? I'm sure that they're very supportive of global growth of developing countries. Doing better of a recognizing the importance of climate change is in the in the formation of economic policies in countries. All of those are work synergistically and work well. And they also I think I mean, I'm sure are very interested in the poverty reduction goals of the World Bank. That's one of the cores and I'm looking forward to that new relationship. David Malpass. Thank you so much. The World Bank president this morning with the good news we've seen over the last number of weeks. Better pandemic statistics. John I really think we have to turn to where we are in 6.5 minutes Leases played this up nicely. Which is the shock still of 708 under dare I say 900,000 claims 25 the estimate 125,000 previous rate was 861 is gonna take a while. I go back to Governor Brain this speech. In the last 24 to this I missed human. He steps on in a very, very simple way for people to understand. Previously the Federal Reserve's for unemployment going lower and try to get ahead of it before it starts to stoke inflation. I've been conditioned by experience not.

David Malpass David $80 Craig Gordon 0.25% 2020 17 World Bank 2024 yesterday seven 67 6.5 minutes 708 Montez John Mile 500 Both five years ago
Some Black-Owned Businesses Are Turning To New Banks For Paycheck Protection Loans

All Things Considered

04:02 min | 1 year ago

Some Black-Owned Businesses Are Turning To New Banks For Paycheck Protection Loans

"To help keep workers on payrolls. Businesses owned by black and Latino people were often at the back of the line. Those firms often had to wait longer for money, even though many were desperate for financial help. With a new round of business loans in the pipeline. Authorities are now trying to address that disparity as NPR's Scott Horsley reports like a lot of business sellers. Jennifer Kelly's income took a hit last year when the pandemic struck. She's a clinical psychologist near Atlanta, and some of her clients didn't make the adjustment to online or telephone counseling. Kelly, who has two employees applied to her regular bank for a loan under the federal government's Paycheck protection program. But she says the process was frustrating. It's kind of like trying to get the vaccine. They put my name on the list. And there they finally said, Oh, we all have anymore, And we're sorry that first round of P P p loans was exhausted In less than two weeks. Lots of businesses complained that banks were prioritizing their biggest customers. Bones were especially hard to come by in neighborhoods with a lot of black and brown residents When I needed them. They were not available to man, including. I'm not the big business, but I'm a small business and committed like with the fabric of America. When Congress okayed a second round of P P p loans last year, Kelly applied again. This time through a bank 250 miles away in Savannah, Georgia that specializes in working with black own firms. They were very patient through that entire process, and I didn't get approved for the loan, and I do hope that, especially in the small black banks will survive because We need to have those institutions that second bank Kelly worked with. Carver State Bank was founded 94 years ago with the goal of building financial freedom for its African American customers. 80% of its loans go to black owned businesses. Robert James, who sits on the bank's board, says he received P P p applications from around the country most looking for less than $50,000. Most of our applications are very small businesses individually owned gas station in the neighborhood or restaurants are people deserve a lot of credit for the hard work that they're putting in just to make sure that we get help to the customers that need it. The most According to the Federal Reserve Bank of New York. Even before the pandemic, black owned businesses were more than twice as likely beyond shaky financial footing as white owned firms. CEO Janine Jake Oak of the Community Development Bankers Association, says that means the extra time it took for loans to reach those businesses could be costly. They had a lot less cushion to start with, which made them much more vulnerable when the economy went south. Authorities have tried to address the disparity in P P p lending in a number of ways. First they've made more money available. They also gave banks that specialize in minority and low income communities, a head start when the latest round of paycheck protection loans was launched last month. Finally, while the loans were designed to be forgiven, some black borrowers are suspicious, a legacy of the long history of discriminatory lending. So education is also important. Carver States, James says he tried to reassure African American borrowers they can use P p p loans to keep their businesses and communities afloat. I've heard a lot of stories of customers who were eligible for these funds, but didn't trust that there wouldn't be some sort of a catch. Craig Gordon runs a company that provides in home nursing care in Georgia about 30% of his business is on hold right now because many of his customers are wary of letting anyone even a skilled nurse into their home during the pandemic. With Carver States help Gordon's just been approved for a second p p. P loan. This will buy us probably three of four months, and I'm hoping that all of those vulnerable folks that we served by again will be well vaccinated. In the meantime, cordon says the forgivable loan will help him keep dozens of people on the payroll. Scott Horsley. NPR NEWS Washington

Scott Horsley Jennifer Kelly Kelly Carver State Bank NPR Ceo Janine Jake Oak Community Development Bankers Robert James Federal Government Atlanta Savannah Georgia Federal Reserve Bank Of New Yo Congress America Carver
"craig gordon" Discussed on KCRW

KCRW

01:48 min | 1 year ago

"craig gordon" Discussed on KCRW

"House do whatever it is, they are doing about a new relief bill. We're learning more about how the last one played out specifically about the Paycheck protection program. A new congressional report says. The Treasury Department suggested banks favor their existing customers. When considering applications for PPP loans, which meant that a lot of businesses, especially companies owned by women and minorities. Kind of out of luck marketplaces. Justin Ho has that one. Back in April, J. Craig Gordon tried to apply through a bank for a P P P loan for the home Healthcare company. He Ron's in Savannah. It wasn't even a situation where we could even get on application in. He didn't have a relationship with that bank. He tried applying through another bank. No luck there, either. Gordon cut his own salary and put expansion plans on hold. The next layer of cuts, unfortunately, was gonna probably have to be some administrative layoffs. But thank goodness you know, we weren't in a situation where we have to get that hurdles. Like the one Gordon had to clear discouraged many black business owners from applying for PPP loans, says Amanda Valentine, executive director of the small business advocacy group Main Street Alliance. Black business owners were 50% more likely than white business owners to believe they wouldn't be approved. And we're three times more likely than white business owners to be unaware that the program even existed. A Main Street alliance poll found that almost half of black owned small businesses have either shut down already or will soon And even for those that managed to stay open the pandemic recession is likely to do long term damage, says Rashad Robinson, president of the racial justice, nonprofit color of Change. They maybe lose connections with some of their customers with the supply chain day before materials or other things necessary to keep the business alive and that damaged the businesses, Robinson says, makes black communities.

J. Craig Gordon Main Street Alliance Ron Rashad Robinson Justin Ho Treasury Department Savannah Amanda Valentine president executive director
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:56 min | 1 year ago

"craig gordon" Discussed on Bloomberg Radio New York

"Program with a close up look at what happens in the event that a president has temporarily or permanently unable to fulfill his or her duties. A conversation that takes on significant since President Trump was diagnosed with Kobe 19. And for that we're gonna bring in our Bloomberg Washington bureau chief, Craig Gordon. Craig, first off what happens what is what is the Constitution's say about a situation like this. And in terms of historical president? What can we learn from that? Sure. I mean, there is something in the Constitution, the 25th amendment that allows for sort of a transition of power from the president, the vice president. Interestingly enough, it's often used for very routine medical procedures. I think Jersey George W. Bush handed Power over to Dick Cheney for a couple hours of the time honored during a couple colonoscopies, things like that. So those were obviously just routine things, but you know there is there needs to be a leader of the country. If the president is incapacitated in some way, usually it's it's again pretty pro forma. Saying This case obviously would be a much more serious situation where if Trump were unable to perform his duties, Essentially, it's a fairly automatic process. It sort of just goes over to The vice president, of course, that Mike Pence. Trump would probably have to sign a letter and there are different legalisms that would come into play. But you know the Constitution does provide for you know what is hoped to be a very sort of routine transfer of power, even in a very extreme. Situation like the one we're in right now, where the president's been, you know, testifies for carnivorous now what defines incapacitated or however, it's defined in the Constitution or elsewhere. Yeah. I mean, it's pretty plain language. When you look at the amendment is sort of cannot, you know, cannot discharge his duties. I think it probably does. His duties could got his her on. But I don't think it has too awful much more than that. I think there has been a little bit of different presidents have chosen to define that in different ways. But I think that it's pretty much a plain English reading it. If the guy said by the Resolute desk can't you can't do the job? Well, that's why we have a vice president and that person can step in. So I again in most situations. This is all very sort of routine. The president doesn't voluntarily. Service in the movies. Different times. You know, that kind of comes into place. Interesting power from the president. You know, it's meant to be just like, okay. I can't do this. You take take the wheel for a little while. The intent obviously it will come back to the president. When when you know they do go back to being able to do the job. So, you know, they say the Constitution is built for all kinds of scenarios. It's meant to make it just a kind of a seamless situation. So there's never even a nanosecond where there's no one who's literally the commander in chief of the armed forces. Things like that. Andi would fully anticipate if it came to that. That's what happened this time, too. Yeah, and we should point out to listeners. This may sound very premature, but we do have to discuss these options in the eventuality if it does come to pass, But we're certainly not at that point just yet, Craig in terms of this White House and the communications Is there a good deal of transparency? And can you just go back a few days and tell us how this all transpired and in terms of transparency? Whatthe White House did tell you guys Yeah, And then you know here, I'll just state the facts and you're you're our listeners can decide. You know, we have now learned to the terrific reporting of our White House. One of our senior reporters there, Jennifer Jacobs that Donald Trump was told About his aide of Hope X is one of his very close sort of personal aides being tested positive. On Thursday morning. The White House never released that information reveal that information. Share that with the press or the media, even a lot of people inside the White House for kept in the dark about that, and this is again a person in whole picks who had traveled with Donald Trump to the debate and travelled on his trip to the rally in Minnesota. She has been a lot of time around. Donald Trump, in fact, trumps on the Hannity program on Fox News that you know, he even said himself. I guess I've spent a lot of time with hope picks on and I have over the past, you know. Few days, so it wasn't like a close call, And that sounds like you know, they even Trump admitted they had spent a lot of time in each other's company, which is pretty much sort of the CDC definition of contact or when you have to start taking it seriously about covert, so no, no revelation of that. And, you know, speaking candidly, the White House on Lee Kind of came clean. About a one Jennifer Jacobs again are terrific Reporter broke the story that home picks and tested positive. So I can't tell you when they were playing to release it. Or if they're playing to release. I don't know about that. I just know that they didn't Even though it was pretty well known for solidly all day, Thursday and Wednesday night. Hope folks tell Hill. I think there was a great suspicion she had contracted corner virus. Can I be confident A cz, a US citizen, that going forward? I'm going to get the latest and most accurate and best information and complete transparency from The doctors, the president's doctors and the White House. I do think we're moving into a different phase. The president Stasis testifies for corner virus 2000 people have died for coronavirus in this country. Is a very, very serious disease and illness and problem and I think it's that point You would have kind of again the machinery of government with sort of takeover, it stops being individual decisions. By one man. Even if that man is the president, United States There are processes there our system to have the transfer of power and such. And I do feel like now that the you know, said the cat is out of the bag. I do feel like the information would come a little more freely and find out what's Congress. Congress is role in all this. That's interesting. There are some provisions in the 25th amendment, where the Congress has to get involved. If there's a permanent transfer, and you know who becomes the president, vice president things like that. I think we're a little ways down the road on that, Craig thanks very much for your time. Appreciate it. Bloomberg Washington bureau chief Craig Gordon and just ahead on Bloomberg Daybreak week at the possible storm brewing in British.

president vice president Donald Trump White House Craig Gordon Bloomberg Washington United States Whatthe White House Congress Jennifer Jacobs bureau chief George W. Bush Dick Cheney Bloomberg Mike Pence Fox News Washington bureau chief Andi
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:34 min | 1 year ago

"craig gordon" Discussed on Bloomberg Radio New York

"And the conversation not just between Democrats and the White House, but also Democrats and the White House and the C Suite and the airline industry. I mean that also another driving economic force on jobs day, the final jobs day before the election. And like you mentioned more positive note from McConnell. He was saying that I think we're getting closer to an outcome. Nancy Pelosi was more positive the morning and then she talked about how there's still significant disagreement with the White House on about. She listen about five funding for unemployment, insurance, money for schools and state and local governments, amount of the child tax credit and earned income tax credit. Restrictions on the use of testing money and 44 billion gap on appropriate discretionary funding. But at least that specific, I feel like that's more specificity than I've heard in a while. And I wonder having heard that McConnell as well that you can get a number and then you can scale up to where everybody's unhappy. I mean me, and there has been movement. I mean, and we always talk. Just the difference between where Republicans are is still about a trillion dollars from where the Democrats are, but that's still a trillion dollars closer. So where they had been, and just again. I mean, that. Just put this in perspective, the president United States might be negotiating a deal on fiscal stimulus. From Walter Reed. All right, Kevin, let's sport and bring in a Craig Gordon Washington Bureau chief. Ah, Bloomberg joining us there as well. Hey, Greg, we're just talking about the stimulus conversation. And where are we in that? What kind of tone did you hear? That was different. That was maybe more partisan than we've heard in a very long time today. I mean, look, you know we have a very visit example of why the country might need somewhere economic stimulus. In the person of the president states falling ill. You know, you know, a lot of politics is actually very personal. Nothing can sharpen the focus on this for Donald Trump more, perhaps than catching the virus himself. I think that Pelosi Mnuchin were already moving together a little bit. They were still several billion dollars apartment in Washington. That's you know, that's some change. That's easy. Cross the gap, and then it kind of came down to, you know, can they do they have spent on airlines are staying local or give people checks or whatever. You know If you ask me three days ago and said, no way, no how similar steel right now, I would say. Things definitely seem to be moving in the right direction. And obviously the situation. A Dwight House, you know, has to be at least part of that. Part of the reason for that. Yeah, very much so very different than even from a couple days ago. Craig is you're looking for your research watching television shows this weekend talking your sources like what was the key thing you need to know. You know it's going to be going on in D. C. Come Monday morning for investors. I mean, look, the most important question right now in the United States, and probably in the world is how sick of Donald Trump I mean, Hoover has a terrific team that covers health care issues. Um they find it very interesting that he's going to Walter Reed for a few days. That isn't always the customary procedure for someone with a sort of a mild case of the White House is saying, And I know Kevin Us. Really. You're terrific. DC anchor just said it that you know there's an officer there, and you can kind of work work from there. No problem. I would caution the viewers on that one a little bit. You know, the President states want to be at the White House from hate hospitals. We know this So the fact that he's going there and, you know, we reported that in our story just now is a sign. You know, it's serious or potentially serious, or the doctors were worried and again. I don't want to be alarmist. We have the facts in front of us that we know right now. But I think you know, frankly, the next 72 hours are going to tell the tale. Just how sick is Donald Trump is going to be able to get back on the campaign trail. How quickly What does that look like? Um, these are serious. Serious questions. You know, folks, remember watching more shots in the UK Prime Minister go through this. It was very perilous. He you know he was In very dire straits of different points there obviously pulled out or pulled, pulled out of it and is now back back in business. And obviously, as you say, the country certainly rooting for that for Donald Trump. But that's that's what we need to know it affects the election. It affects the stimulus it affect this coat is a Supreme Court fight it affects every single thing is touched by the health. Status of the commander in chief. We should note that Senator Mike Lee, a Republican from Utah, also saying today that he, too, has tested positive for Cove in 19, and he also released a statement saying that as a member of the Senate Judiciary Committee, hey is going to be quarantining and fully expects to be back before the Senate Judiciary Committee. So the Jamie Cockney Barrett confirmation hearing still very much on the minds of lawmakers and senators who have been impacted by this. We talked about the economics. We talked about the judicial. We talked about the domestic political front, but Craig Gordon put this in a geopolitical frame. The commander in chief And Walter Reed a symbol Really? The symbolism can't be understated, especially as our allies as well as our adversaries are watching every move, Craig No, That's a really good point, Kevin. I mean, look, you know, we all spent a lot of time hearing about 25th amendment these days, which obviously allows for sort of a transfer over to the vice president. The president's in some way incapacitated. The reason the 25th amendment exists. First and foremost so that our adversaries know someone's in charge. Someone could make the call someone can, you know? Send in the troops send in the planes dropped the bombs. God forbid, if that were to be needed. That is why that amendment exists. So yes, this is obviously a very personal component of this. Donald Trump's a man..

Donald Trump White House president Walter Reed Kevin Us McConnell Nancy Pelosi United States Craig Gordon Washington Bureau Craig Gordon vice president Senate Judiciary Committee Washington Dwight House Craig Bloomberg
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:48 min | 1 year ago

"craig gordon" Discussed on Bloomberg Radio New York

"T. ICU TOY remains it just above $40 a barrel while gold is higher this morning and trades that just below $1890 per ounce to get two more color on those equity futures returned the Bluebird Cross Asset reporter Sara Sara, What are you looking at this morning? You know, Paul, so we're really been picking up from is where we left off yesterday. Yes, we think about the trade yesterday. We had this Unbelievable. Brett, You look at members within the major benchmarks gaining 93% in the S and P and NASDAQ that's very healthy At the same time you saw cyclical areas like energy and banks leading. But if you look at the benchmark level all of a sudden what used to be support has turned into resistance. And that is that 50 day moving average on the S and P 500 which is around 33 53. We have not been able To get through it, but certainly focused today we think about the debate coming up tonight. Also, the Democrats did propose that slightly scaled back to $0.2 trillion stimulus package. So still, some hopes embedded for investors, especially since Friday. But like you said, not a much of anything so far this morning. SNP futures as I look at my screen down just 1/10 of a percent basically flat. That's interesting. I think the the debate is going to clearly be the issue for the next couple of days. It seems like and I guess the question is, you know who's got more to lose and and and his relates to the markets, you know if, in fact Former vice president Biden does do well and therefore his position. His polling position continues to be strong. The questions I think investors are going to be trying to figure out is kind of what does that mean for markets broadly defined, right? I mean, we're almost into the month of October, which means that the election is that much closer. It's almost like having the first debate tonight makes this really investors now have to pay attention to it. As if they weren't paying attention before, and you still see these nerves reflected in volatilities markets across equities across affects markets commodities to you see that showing up and now to the point where I've had plenty of emails, hitting my inbox from investor's portfolio managers saying, Sell the noise. We don't think this might be As big of an issue regarding a contested election as thought. Project cross. That's that reporter. We thank you appreciate that very much. Tom, are you actually going to stay up and watch this? You know, I am I usually full disclosure folks because his beauty sleep And usually I just passed when I get the highlight, So we got a great team led by Craig Gordon in Washington who get it done, and I get briefed in very quickly. I gotta admit Paul, Tonight's going to be fascinating It is. I think you're right. I think it's gonna be really must see TV like we haven't seen for some time could be heard Such a question of you know how Biden can you fare against President Trump and what has been, you know very difficult debating scenarios..

Biden reporter Paul Sara Sara Craig Gordon vice president President Trump Brett Washington Tom
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 1 year ago

"craig gordon" Discussed on Bloomberg Radio New York

"Living former presidents there. Clinton Bush Obama. I just loved it. I always will. And I'm so grateful that he stayed true to form He's going up yonder and left us with marching orders. He's been called on American Saint. I believe we're willing to give up everything. Even life itself to bear witness to the truth that drove him all his life. There. We could build a world of peace and justice, harmony and dignity and love. He knew that every single one of us Has a God given power. The fake. Of this democracy depends on how we use that democracy isn't automatic President Obama calling for Election Day to be a national holiday so that everyone can vote for automatic citizen registration as well this on a day when President Donald Trump said he's thinking about moving the election day back Met with swift bipartisan rebuke. Republican Senator Lamar Alexander says election day will not change and he has a very interesting take on this president's term in the vice president's term expires on January 20th and we were to delay the election past January 20th The president would be speaker of the House, Delancey Pelosi. But Bloomberg's Craig Gordon says, Mr Trump has a plan. There's a lot of questions about Trump, you know, attempting and in the eyes of some, and certainly in the Democratic Party to de legitimize the election itself, all the questions about mail in voting And it requires an act of Congress Old by the way, Senate Majority Leader Mitch McConnell is moving forward with extension of unemployment insurance, in essence, forcing debate. Democrats have said it cannot be separated..

President Obama President Donald Trump president Senator Lamar Alexander vice president Mitch McConnell Bloomberg Craig Gordon Clinton Democratic Party Senate Delancey Pelosi Congress
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:42 min | 1 year ago

"craig gordon" Discussed on Bloomberg Radio New York

"Up Barely up by one point. I'm Charlie. It's a Bloomberg business Flash. All right, Charlie, Thank you so much. You are listening to Bloomberg. BusinessWeek. Well, this is one of those rub your hands together interviews Carol, because I'm so excited to catch up. Again with Craig Gordon Washing bureau chief executive editor for Bloomberg joining us on the phone from the nation's capital and its environs. So, Craig, I am tempted to just talk about you to radio in the return to serious extend that both you and I was so happy about, But we have other business to discuss, and I guess I would start by asking you as you look across. All that your reporters are working on all the inputs. You're getting What's the most important story in Washington right now? I think the most important story right now, actually is Donald Trump's handling of the current situation regarding things like Confederate flag and some of these racial issues. Obviously, there's stimulus. There's the virus. There's a lot going on, but we're seeing a real window. Into Trump's psyche as he starts to look the same poll numbers. We're looking at that show him kind of Ah, you know, blinking red across the board. Most of the swing states right now suggested be going to Biden. The country right track wrong track number, which is one of the main numbers that people look at, you know, in terms of presidents, prospects of reelection are all going there's air all in the wrong direction for Trump. Instead of finding a message to try to either unite the country during Cove it or, you know some of the some of the racial here in healing that might be available to him. He's actually going in the complete opposite direction. He's he talked. Hey, talked again this morning. Ah, a little bit about the Confederate flag. That was a tweet from yesterday. Actually, he said Kellyanne Conway out to defend his comments on that. Obviously, we all saw the speeches from Friday and Saturday night where he's standing amount Rushmore a real chance again to kind of try to have some unifying words, you know, standing under the visages of our greatest presidents. And really want one pretty pretty negative. So I think a lot of times with trump what you see is what you get. He's not a man who has a pretty good It has a very good poker face, and I think he's worried about losing, and I think the more he's worried about losing. He's going to start lashing out in these, you know, and frankly, pretty ugly ways. Azad tries to keep Joe Biden down. Does he not want to be President? Oh, you know, I won't put in my car quite that far. That's always on the question right now is more surprising. Donald Trump on Election Night 2016. But he definitely I feel like you know, he's he's a politician who kind of one with sort of one good trick, and that trick was Muslim Ban. It was the wall. It was us versus them. It was sort of. Ah, you know, speaking to the so called downtrodden Americans and kind of stoking some of those darker impulses in the American psyche. I think that's how he got to be the president's first time. He's the president. Now. President has a lot of tools at their disposal. There could be virus things or against another racial hearing. You just economic economic message. I'm going to bring the economy back, which he sort of says a lot that doesn't do much, Andi said. He's kind of going back to that one trick over and over, and I would respectfully argue, even perhaps in an even darker way. The problem for Trump is a lot of the country's not really with him. I mean, you know, he won by the slimmest of majorities wasn't even a majority plurality. Last time, Even some of those people are Scared about the virus. They don't like the way things are going with the economy. We know the seniors who are pretty strong for him in 2016 are kind of starting to drift away. And so I mean, you know, we all know Donald Trump's advisers have a pretty poor record of getting him to change his ways. For boy. This does not feel like he's playing a winning hand right now. And yet he keeps doubling down on doubling down on doubling down. Well, Craig, you know, we just have a headline crossing the Bloomberg about California, seeing 6090 new virus cases, versus about 6600 for the 14 day average. You know, we constantly are watching these virus headlines and a lot of states that are very important to the president. You know, we're seeing cases Spike in the problem getting bigger and bigger. How problematic is his handling of the virus, ultimately to him come November. Yeah, And this to me is a bit. It was sort of the mystery of it. We had a terrific story out by great recording. Mike Dorney just yesterday on the Bloomberg terminal, talking about how in the very states where the case is air up. Trump's numbers are down. It's almost like a 1 to 1 correlation where the case is air up. The numbers are down. This isn't blue states like California, which you mentioned New York, New Jersey, which obviously had his share of problems. This is Florida. This is Arizona. This is places he won and really needs to win again. If he has any chance of all of getting back into the White House, so it again, it does seem to study even run counter to that these air his voters these air his states. This is Trump country, and they're suffering right now with the virus, And yet they look to the White House. They looked at the president. And they're really I mean, Trump almost barely mentioned the virus anymore. Obviously went from the extreme of those nightly two and three hour long briefings to now, he barely will say the word. You know the I r us on DH. I'm sorry. I think some of the voters in those places again. Maybe they don't want to wear a mask. Maybe they wish they could go back to the barn. Whatever people are feeling right now we're all a little antsy. I'm in week 17 and work from home. I, You know, I feel their pain. But I do think they're looking to the White House and looking to the leader of the country for some answers to help their states and their friends and neighbors and they're saying nothing, And that's a problem for Trump. Oh, and Craig. It's also interesting to see a shift in tone. It feels like over the last week from whether it's Mitch McConnell or even vice president. Pence saying, Wear a mask. I mean, it sounds so ridiculous to point that out, and at the same time, it's notable right that wearing the works right now on Pence's comments, because I picked up a little bit on that, just as you did over the weekend that even my pants is the Loyalist loyalist. Obviously. Carried a lot of water for this president is kind of ever so slightly, edging away from among the question of a mask that it's okay to wear a mask and call. No one's idea of flaming liberal is out there saying the same thing. So right, it's like that's what strikes me and I think that we made me answer your question of why did the top the top tier of what's the most important thing? It's both that Trump is doubling down on what feels to me and I think the polls suggest is kind of a losing message, but he's starting to lose. His loyalists when Mike Pence is starting to talk a little differently around Trump way. That's that's a pretty notable day. Mitch McConnell some of these other folks, and that's where the trouble really is right now for President Trump, because you've had a hard time finding any daylight between those Tio since three election, that's for sure. We're going to continue our conversation with Craig Gordon in just a few minutes after we do some news in some business, one of the things And I want to talk about is while Craig Gordon may be unwilling to put this president couch his niece was willing to in some way, and that book is meant to be a blockbuster, and some copies, air leaking out. It's supposed to come out next week, and he thought John Bolton's book Got Tongues wagon. This one looks like it's gonna do similarly, and maybe even bigger strike to another new tell.

President Trump President Craig Gordon Bloomberg Trump Mitch McConnell White House Joe Biden Mike Pence Charlie California Washington BusinessWeek Kellyanne Conway Carol vice president Rushmore Arizona bureau chief Andi
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:16 min | 2 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"Craig Gordon so quick I'll ask you first we make which we're seeing so far in terms of Joe Biden and how well he's doing the south yeah look I mean I will I will say I was a bit of a skeptic that whether Joe Biden could turn that very decisive win in South Carolina just on Saturday just a couple of days ago into big wins on super Tuesday we we know there's a lot of early voting it happens now and I wondered if a lot of Bernie Sanders supporter was kind of baked into the results are ready that is absolutely not the case then I Joe Biden decisive victory in Virginia the network called essentially as soon as the polls closed North Carolina we thought it would do well they ring state to South Carolina now we think it's just an Alabama Bernie Sanders of course picked up his home state of Vermont so you know three victories to two to one for Sanders obviously Texas in California looming out there is the big delegate prize of the night so we don't get ahead of ourselves but if your job but you have to be feeling very very good that those South Carolina results did give you a nice little tail wind heading into super Tuesday well there doesn't seem to be any surprise you know what I mean Craig I mean if you're if you're Biden's campaign and you wanted to projectionist after the results coming in for super Tuesday and early media reports that are coming out from the east coast and southern states there's no surprise there's no upset from Elizabeth Warner Michael Bloomberg that's true I Virginia was thought to be a little bit closer Michael Bloomberg was actually thought to be doing pretty well there you might imagine a suburban kind of college educated stay like that would be decent for for Bloomberg the fact that bind wanna so decisively I think was a good was a good showing for him but he had to do a bunch of states you got Oklahoma Tennessee Arkansas a a little bit of you know the states here and there so really we're going to find out if he could and turn the tide in Texas where bind it always run pretty strong but Sanders was still doing well this is more just told us among Hispanic voters there as well yeah can I wonder are you surprised at the size of Joe Biden's victories in particular in Virginia and Alabama for that matter as well as North Carolina the site on the south side is really quite large yeah I I couldn't agree more you know when I was talking with some sources earlier today David they mentioned this notion that Craig just alluded to which was suburban districts think back to two thousand and eighteen the whole crux of them a credit card it was that they were able to flip some of those districts in two thousand and eighteen that Republicans carried in twenty sixteen and they got the majority in the house of your Joe Biden your his campaign you're looking at northern Virginia you're going to be looking at suburban Houston in suburban Dallas to see those particular returns because that's going to be their argument tomorrow even if senator Sanders comes out and wins in Texas or winds and likely wins California they're going to be saying dig deeper and say these numbers here folks and look at the suburbs because of Biden carries them that's going to be there what they're going to argue Mr momentum coming out of super Tuesday he was funny creek we had Basil smoke on earlier today and he made exactly the same point with respect to California as Kevin just suggested even yeah Bernie Sanders really wins even wings well in California if he's losing the suburb of suburbs that should be an argument about electability for Bernie Sanders yeah I mean the you know it is we're talking about here those folks tend to vote again tend to be college educated ten I'm pretty good jobs make a few Bucks they they care about elections they care about their tax bills in their college education for their kids and things and so if Joe Biden can sort of cost some of those people away from Bernie Sanders that's very good news for him it looks Sanders has done well we talk about Latino voters in Texas you know he's running on essentially free government pay for health care well if you're you know if you're a casino worker in Nevada or you know you you have a sort of a a middle to low paying job in California that all sounds pretty good free health care free college education Bernie Sanders something pretty good candidate for you is biting though that has to try to get some of those others are more middle income people to try to come on to his side and he he's you know he had the electability argument he completely lost it when we also on those the Baystate is very soon to be a little out of sap in a and a little past his prime if he can get some of that energy back in that sense of the establishment wing of the Democratic Party unifies behind Joe Biden says he is the person to both stop Bernie Sanders and getting the nomination and B. Donald Trump boy that's a pretty good case for drop by to be the nominee of the Democratic Party the rule senator Sanders last cycle trying to get them changed to got it changed others rules might come back to bite us yeah I know you know with delegate math of makes my eyes glaze over same but you are you are shaping up you know with a pretty good chance you could have that contested convention you could have that brokered convention it's kind of a reporter's dream I mean what better than you know sort of suspense on the convention floor Milwaukee in July but that is not good news for the Democratic Party they would love to get behind somebody and send that person into battle against Donald Trump there's already comparisons being made to the Hillary Clinton race in twenty sixteen or Bernie Sanders I looked it up he did not he did not nominate her did not endorse her until July he drained her resources you drain your energy and then there was Donald Trump ready to kind of pick her off for the for the race for the white house Democrats are terrified of a repeat of that and that's why there are a lot of steps from Democrats open Joe Biden can wrap this up more quickly Democrats okay I think they have a clean fresh forgot all about that she was a rumor that wall you're hardly ever mentions it right sure right thanks to Kevin's really host of sound on and Bloomberg Washington bureau.

Craig Gordon Joe Biden
Democratic debate: Bernie Sanders and Elizabeth Warren

Bloomberg Law

10:09 min | 2 years ago

Democratic debate: Bernie Sanders and Elizabeth Warren

"Craig Gordon runs our political coverage based in DC's up here in Manchester with us as as we watch and wait it gets closer as the vote goes up Greg anybody like you has I know you have a list of stories in your head right now that you want your team to get out there and and right tomorrow the days ahead give us a sense of that what do you what what intrigues you which is yeah I mean I think for the Bloomberg news audience a story that we're going to have tomorrow morning is about the flow of the class of lives with Warren I mean again if we've been sitting here a year ago having this conversation we would have probably been talking about her as a potential front runner actually in this state done well here a nationally had done well so the polls had a little bit of a moment there Wall Street obviously not the biggest fans of Elizabeth Warren and so her classes been quite spectacular the and I think for our customers in particular our listeners and readers that's a good that's a person they want to know more about it seemed like she I think what our story kind of tries to get at is you know I have a plan for that well we have a plan for everything it's very easy to start poking holes and she made some real missteps on Medicare for all where you know Bernie Sanders I was gonna cost would cost and I can worry about and she had to go over the number and never was very good and she's a little bit evasive and I think they were like wait a minute I thought you were like the one with the plan I think you're the one with all the all the tease cross and I's dotted and when that fell away she just didn't have a lot to kind of fall back on she also spent a lot of money and digital advertising less on TV advertising that's you know a surprising to me a little bit twenty twenty the TV advertising still move the needle was a quite a lot I don't think she ever quite did that as much as she should how many governing centers there is there's just like only so much oxygen in the race for two very liberal candidates who you know if you put their positions on paper there the pretty much identical in they're very different personally in the different people and and their approach to politics but you know if you have the Sir two choices it made it hard for a warm to find the oxygen to kind of take kind of co exist with when Sanders and then in that race you know earlier tonight I think it was Kevin who said Kevin so really who said he thought that were worn started we were talking about you know policies but he said he thought it was wind Bernie and she team you know to blows on stage and one went up and one went down yeah I it was it was one of the first and most ugliest kind of interactions where she basically said the Bernie Sanders and told her to private mean that women can't win the presidency Bernie said of course the night that we all got to listen to that hot Mike moment where you kind of challenge them for any kind of pushed back and it was kind of it was like to just like her to watch you know it's sort of a I don't know who said what I could imagine pretty my system like that or criticism misinterpreted to be like that but yeah I think there was there's so many supporters it could go either way that I do think that my turns people off to to warn yet to your point and and you've just you know he here Bernie Sanders and Elizabeth Warren have basically the the the same position when it comes to Medicare for all and it you know burning a test the question because you have going to cost you know thirty trillion dollars in Elizabeth Warren basically cover the same answer yet she tanks and he searches I'm Bernie is that I think burning the problem for war as you try to get a little bit to the left of Bernie Sanders there's no room to the left Bernie Sanders again here there's no room there yeah and so when she sort of tried out Medicare for all him when his answer is essentially up thirty four trillion of breaking taxes and that's what's going to happen for a lot of people wild maybe some people don't want to have the taxes raises a very clear answers seem like he understood his position and he was a little bit like take it or leave it like that I think this will we need to for the country Medicare for all I think give raise taxes to pay for it and I think it's an important thing to raise the taxes I think warrant kind of try to dance around it a little bit you took a little while even come up with a number of was I was about the same thirty four trillion as you say but in that sort of sense of like I I I was use the word evasiveness like wait a minute like I thought again if I knew what the plans at that you're the one that was the truth teller here and I mean I feel like he's being very clear and you're being very evasive in our like that and I just think that when you run against your own narrative that's right exactly so most interesting into politics he had built a whole narrative of being the person with all the answers the most important question I would argue which is Medicare for all health care's thirty some percent since the one topic your New Hampshire tonight what is it I suppose if you don't have your answer straight on that that's that could be for you know you know listen and we were going to refresh these numbers sixty three percent now reporting of the eight PM organ using a P. numbers as Craig says that's what bloomer goes with here some of the networks maybe calling this but it's tightening of sixty four percent now Bernie Sanders has twenty five point nine percent of the of the vote the judge has twenty four percent that's what that's one point nine percent difference in culture in a twenty point one so here's the big what if Craig what if Pete booted judge wins the New Hampshire primary have we put to rest some of the murky miss that we've been muddling through tonight not one bit yeah I mean I sent out one yeah I mean look you could make an argument that if if it works are worn surging magenta repeating Sanders so now you have you know again we have like thirty two lanes left not a part of the parties burning kind of come to be there and you've got to eventually three cameras in the other they're going to get out and that's nobody should feel they should feel good about her win tonight her third place finish right that's structuring for more surprising to us but it just means you know on to the bat on the South Carolina the races the marking the race of fluid and anybody hoping for answers you into this a moment ago you you want your kids go to a store and lives with one let me re site this Elizabeth Warren no sixty four percent of the vote in nine point four percent Biden eight point four I mean the threshold here's fifteen in they were hovering in the you know the low teens now they drop below ten is this is got to be even more surprising than one would imagine yeah I mean the Biden collapses been kind of a parent since I was a very poorly there came here it is you know a lot of energy as events and they their whole you know vine campaign says it's you know the classic marathon not a sprint the first concerts reporting South Carolina matters we can't decide the nominee and those of African American Hispanic or get a chance to have their say all fine points but if your entire calling cars let's ability I'm the one that could be done trump and you're getting not even ten percent in the state that you should do fine in that that's just that's just crushing crushing move or is there anything Sanders can do to broaden his appeal to the the moderates the Democratic Party I mean he's been really leaning hard lately on this electability argument that goes back to what I said like I'm electable because not because I'm the moderate you know the kind of the middle of the road person but I'm the person that can inspire the energy in the youth and other kind of in the laughs and again I've you could buy that he could not buy it but it's the case in these kind of sticking to it so that is his case I think he needs to go beyond being just the guy with the crazy hair and he's a socialist and get all of to being a person like no no I can actually beat down from like Joe Biden thought told he could he's couldn't clearly warned that chance rejects Chrysler seven years only ran a small town in Indiana for a few years I'm the guy on the person can do and again he he started to give his argument that direction slightly and I think he the more he leans into that if you get people to buy it that we you can't just state he's got a movement going he's got he's got to have a why just like any of these things that I was saying when something I have to win something right so you know and second tonight after blue judges are like wait a minute I thought you were the guy yeah trump so you know that that doesn't exactly hold that argument but he has tried to broaden his hit the case it is making the voters and I think it was some over by you is there any measure other than these primaries are these caucuses where we can see that Bernie or anybody for that matter is picking up support yeah the one place is money and he's he's always fundraise always man's very strong twenty three seven million I think in the last quarter he does it again it's a small donors people and write a little check drop an envelope whatever that is a real again coming to rally signs support writing a check men's real so warm and I was the need money could be in politics but also as a way to show people like yes I have the sort of army of grassroots folks that are willing to spend their hard earned money to help me get elected president that's a big deal yeah you you said something that was interesting a few moments ago you said if Amy coe charges so we don't have her supporters be project has his supporters and you said you know Amy Klobuchar hadn't done so well and Pete had picked up a few more of Amy's of voters you know Pete could have check could be the one winning tonight are those the supporters of Bridget clover charm of supporters are they one of the same I mean is not exactly but I do think they're looking for I mean in some ways they're looking for who is the anti Bernie a lot you know we've we've all watch the debates we're judging call which are muted first more vociferously in the later debates of said Medicare fraud be a disaster take away feels private health insurance you know maybe when I was love our health insurance but I mean a lot of people are pretty calm for that program to get for the employer the idea that I was going to take it over so I think for a lot of voters Bernie just seems I use the word like radical you know just sort of seems like a little bit out there on the left in the whole thing the insurance thing is a very clear differentiator between us canceling as if you have private insurance I'm not sure ready to throw that over for a government plan where you know you're coming up prisoners to be able to work that out so they're not identical I mean I'm sure we know in these covers Gessle this form for women obviously people to jazz for something he gave you know presidents can get this far as certain as for those camps others there are variations within their base but a lot of it is I don't like the direction Bernie says we take this country and I get by some of the can first stop Bernie and then the truck Greg we it's been great conversation but we know you have things to do we're gonna let you go as much as I hate to

Craig Gordon Manchester Greg Bloomberg
What are power purchase agreements?

Climate Connections

01:12 min | 2 years ago

What are power purchase agreements?

"Getting a lot more renewable energy on the grid make money back over time otherwise no wonder is going to give you to build a project Craig Gordon is with in vanity a wind and solar developer he says one way to provide that guarantee is through a power purchase agreement a power purchase agreement is simply contract between a wind farm solar farm and or buyer like a utility or a large industrial customer like Google or facebook or Microsoft which enables us to go to the can say look here bank we have twenty year contract with XYZ utility for X. amount of dollars now will you lend us the money so that we can build this Dan to meet clean energy targets so a power purchase agreement is a lot more than a legal document is a tool to help transition to a clean energy economy.

Craig Gordon Google Microsoft DAN Developer Facebook Twenty Year
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:29 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"Of the top stories for investors in the coming week. Now, let's head of the nation's capital where battles being rage with special counsel. Robert Muller's full report on the Russian election interference, Bloomberg Washington bureau, chief Craig Gordon joins me now from the nation's capital and Craig so the attorney general says the report will come out next month where does that leave this fight? Well, it's very interesting because attorney general William bartering his confirmation hearing never committed to releasing the full or sort of the redacted for Muller report. He had always left the idea out there that he would do the two. Steps one. He did already which was to put out a short letter summarising the principal conclusions of Mars report. And then he would release a second sort of a summary longer summary of what what else was in. What is report many people, including Donald Trump, Jerry? Now, the head of the House Judiciary committee, a top democrat, Senator Lindsey Graham, top Republican on the judiciary side on there. But all said, no, we need to see a version of the report we need to see Robert Muller's own words, you can leave out the stuff about grand jury. Testimony leave out the stuff about future investigations that are still going on. But we really need to see what Robert Muller said. And you know, how he said it and attritional bar said, okay? You get that. He is going to release a redacted version of the report he said, it's a pushing four hundred pages sometime in mid April bar also agreed to come and testify before congress about the investigation in in the first week in may and so both of those things where. Things that we, you know, a lot of people in Washington were hoping would happen was never clear that they would happen attorney. Joe bar now says, Yep. I'll go ahead and do it. Now is that likely to make the Democrats happy? I mean, look, you know, we were talking about this in our newsroom this report, you're going to if it is let's say as four hundred pages there could literally be fifty one hundred some very large number of pages that are just a giant black box covering over the words of the report because we know that mother did do a lot of very, obviously, very confidential interviews. There are a lot of pieces of the motor investigation that are sort of still arms of it that are still continuing. And then there's some, you know, even classified information that was likely reviewed by Muller, perhaps foreign wiretaps and such like that. So there's there's very high potential that a large number of pages of this report will be completely redacted completely blacked out. And I have a feeling we're going to see some conspiracy theories spring up around that what did mother. What did what did bar leave out at cetera? But the goal here does seem to be to have as much of a full accounting of the narrative of what mother investigated what he found why he decided there was no collusion. Why he decided he could not prosecute Trump on fraction of Justice. Even though he also said he couldn't exonerate them. And I think bar I think bar certified public pressure, you know, most. But a lot of time almost two years getting this the public kind of wanted to know what he found out in the bar seems to be saying, you know, what I'm going to do my best to put as much of that report out as I can in mid April. Now, I can understand why they would redact a copy that would go public but us Mr. bar suggesting that these lawmakers can't be trusted. Well, it would actually be right. The truth. I mean, look if if if William bar a full unredacted copy of the report to congress the reporters in the Bloomberg newsroom and every other newsroom in town would have it probably within hours. I'm afraid to say congress is kind of a leaky place as goodness for people for journalists like me and my team, but but maybe bad news for for Robert Muller. So, yeah, I do think there is an understanding that, you know, the full congress can't get to see the full mother report. It is possible. And what often happens a situation like this is that they will give a more classified confidential briefing, sometimes known as the gay of eight which is essentially the leadership in the two houses to that'd be Nancy Pelosi and Mitch McConnell in the Senate, you know, some of the Intel chiefs, and such with who are people with higher security clearances, people are trusted with some of the nation's secrets, and you know, they may get to see the the more the more of the full report. But the idea of handing it to five hundred thirty five lawmakers unredacted that would be it would be on the streets. Within within hours. No, I seem to recall also that one of the other options that they've used in the past is sort of a reading room where the lawmakers go in. But it's for their is only, basically. Yeah, we've heard no talk of that. But that's true. There have been some recent instances where it's it's actually a room in the capitol known as the crypt and is a locked room security guards. It's sort of a top secret room. And you can literally go in read the report, you don't get to take a copy. You don't really even get to take too many notes, you can serve is only. No talk of that yet. But I do think we're we're really just getting started. I mean for bar to take the step to say even releasing a redacted Muller report, which she had never promised to do before is a pretty big step. And as I say, I think a recognition on his part, and I would say wisely that that the public is. You know, does have some right to know what mother spent two years doing and what he found out Bloomberg Washington bureau chief, Craig Gordon. Thank you very much coming up on Bloomberg daybreak weekend. Investors returned to Wall Street.

Robert Muller Joe bar Craig Gordon Bloomberg attorney congress Bloomberg Washington William Donald Trump special counsel Senator Lindsey Graham House Judiciary committee Washington Trump principal Washington bureau chief Nancy Pelosi Senate Mitch McConnell
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:22 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"I have to say Golden State cider an east German sneaker. I gotta get my hands on and killer. Snails we can't forget that line. And we've got a China takeover a whole section devoted to what's going on in China. What I love about this insight, whether it's questions about economic data, and what it tells us about what's going on the Chinese economy. Whilst gotta look at suing your boss. Not surprisingly not so easy to do Jason on Friday. President Trump, of course, announcing a deal to reopen the government for three weeks. It did end that thirty five day partial government shutdown without those securing the border wall money that he has been demanding for a long time. I am very proud to it. Ounce today that we have reached a deal to end the shutdown and reopen the federal government and after thirty five days, the shutdown is over. Let's get a sense of what it all means. Craig Gordon, executive editor and Washington bureau chief joins us, the hardest working man in Hollywood. I know Craig. So what do we take away from what we've heard from the president? What you saw was a complete and utter capitulation by the president on his demand for wall funding. You may remember that he said he would not sign a Bill that did not include five point seven billion dollars to build a wall. And then he accepted exactly zero dollars. That is huge. What happening? Why did he all of a sudden why did he capitulate? I think what happened is LaGuardia Airport got shut down. And you know, it's all fun and games until someone can't land the airplane. It's hard not to take note of the timing of the Roger stone indictment on the same day. But you know, Trump is a master of distraction, and certainly a lot of us in the newsroom horror writing stories about Roger stone. And how his close ties to candidate Trump President Trump, suddenly we're now having to write about the end of the shutdown. So we'll be we'll be back to stone before long hair. But you did have just a lot of pressure piling up on Trump. I think also you saw after they took those two votes in the Senate that both failed McConnell and Schumer. Got together. And I think there was a little bit of a growing drumbeat. Among even some Republicans senators to say, look, Mr President, if you're not going to open this up we will. So obviously better for him to look like he's in control of the situation. But it is it is pretty hard to overstate. How much he gave up on the wall? And it does feel on the other side like a pretty clean win for speaker Nancy Pelosi here. Yeah. I mean, I, you know, it's interesting because there are a lot of questions about whether Pelosi was sort of the right leader for the new democratic majority. You've got a kind of a younger and more diverse majority in the house now boy, I think she's she's earn her pay. Right. She's really she's kind of getting it done for them right now. I mean, look she stood in with president United States. And she pretty much got everything she wanted so far, and he's gotten almost nothing that he wanted so far, and that's kind of a win by any measure. So Craig I gotta ask you to one of the things that I think has been played many times. And maybe not surprisingly is that seemingly seminal meeting in the Oval Office. Among the president the vice president Senator Schumer speaker Pelosi or then house minority leader Pelosi where Trump said I will own this. I will shut down the government. How much has that come to haunt him in a way, especially in terms of public perception of who's to blame for what happened over the past thirty five days? Yeah. I mean, I think it was sort of determinative if you go back and west that take my favorite part of that tape is is look at Chuck Schumer, the Senate top Senate democrat he can barely contain his laughter because he knows he's got them. He's got him in that moment. And look. There's been a lot of Paul's out about who's to blame for the shutdown. There's not a single one that I've seen that says Democrats have the blame or the majority blame blame Trump and the Republicans, and that's that has given Pelosi and Schumer just enormous ability to maneuver, they know that they they sort of have the public against Trump on this. They kind of felt like they were on the side of the angels. I thought that when Pelosi said he couldn't deliver the state of the union that might have been a misstep on her part because he is the president, and he wants to give speeches should give a speech. But that's the thing that seemed to have changed the chains a dynamic, and here we are just a few days later where Trump is capitulating. So they have had public opinion on their side. And I do think, you know, the LaGuardia thing was was a pretty seminal moment. But just the whole drumbeat people not getting paid foodbanks. We've covered I've been through the airport and watching those people, and you know, they're not getting paid. They're still doing their job. I think for a lot of Americans that was that was pleasant, and they decided that Trump was the one that bore the blame. But to quote, one of our former colleagues Hans Nichols. Who tweeted a ceasefire not a truce? I mean. This ain't over. No. But I agree with that. I I would say a couple of things about that. It seems like it'd be really hard to shut down the government again having just pump through it. I know this. This only is a three week deal. And theoretically on February fifteenth the money runs out just like it ran out before and you could you could happen again. Boy, I think at that point you might have a lot of a lot of lawmakers in the Republican side again saying like, look, Mr President. We can do this easy way to do this hard way. I don't think they want to kind of go through this again. And Secondly, you know, it again. You know, I've said it about five times, there's no way there's no way to look at this except Trump caved. I mean, Nancy Pelosi is Chuck Schumer knows that the Democratic Party knows that. And so the idea that he comes back three weeks later playing a stronger hand and having a better chance to get the wall. There's no version of politics that I I'm familiar with where that's true. Let's talk about you reference, Roger stone. So is that investigation getting to the president? Yeah. I mean, you know, we don't know where this is all going to lead. I think of it a little bit like Centric circles with Donald Trump in the middle. You know and Muller is alleging that stone lied and some of his testimony. So that's usually fairly easy to prove. But again, you now have a very direct link between WikiLeaks Russia stone and people in the Trump campaign. There's a very tantalizing part of that. Diving it talks about stone is directed by senior Trump campaign officials to sort of reach out to WikiLeaks and see what they had on the Democratic National Committee emails or any kind of dirt on Hillary. We don't know who did the reaching out. But there again, there's another person who's likely target of future Muller action. So with every step he's building this very methodical case, it does feel like we're getting closer to Donald Trump. Thank you. Thank you Craig Jordan Washington bureau..

Trump President Trump president Nancy Pelosi Trump Mr President Roger stone Chuck Schumer Craig Senate LaGuardia Airport Craig Gordon Craig Jordan China Jason Senator Schumer Muller Democratic National Committee Schumer vice president
Trump Signs Bill Reopening Government for 3 Weeks in Surprise Retreat From Wall

Bloomberg Businessweek

05:01 min | 3 years ago

Trump Signs Bill Reopening Government for 3 Weeks in Surprise Retreat From Wall

"Over. Let's get a sense of what it all means. Craig Gordon, executive editor and Washington bureau chief joins us, the hardest working man in Hollywood. I know Craig. So what we take away from what we heard from the president. What you saw was a complete and utter capitulation by the president on his demand for wall funding. You may remember that he said he would not sign a Bill that did not include five point seven billion dollars to build a wall. And then he accepted exactly zero dollars. That is huge. What happened? Why did he all of a sudden why did he capitulate? I think what happened is LaGuardia Airport got shut down. And you know, it's all fun and games until some can't land their airplane. It's hard not to take note of the timing of the Roger stone indictment on the same day. But you know, Trump is a master of distraction, and certainly a lot of us in the newsroom horror writing stories about Roger stone, and how his close ties to candidate Trump and President Trump, suddenly we're now having read about the end of the shutdown. So we'll we'll be back to stone before long hair. But you did have just a lot of pressure piling up on Trump. I think also you saw after they took those two votes in the Senate that both failed McConnell and Schumer. Got together. And I think there was a little bit of growing drumbeat. Among even some Republican senators to say, look, Mr President, if you're not going to open this up we will. So obviously better for him to look like he's in control of the situation. But it is it is pretty hard to overstate. How much he he gave up on the wall? And it does feel on the other side like a pretty clean win for speaker Nancy Pelosi here. Yeah. I mean, I, you know, it's interesting because there are a lot of questions about whether Pelosi was sort of the right leader for the new democratic majority. You've got a kind of a younger and more diverse majority in the house now boy, I think she's she's earn her pay. She's really she's kind of getting it done for them right now. I mean, look she stood in with the president United States. And she pretty much got everything she wanted so far he's gotten almost nothing that he wanted so far, and that's kind of a win by any measure. So Craig I gotta as one of the things that I think has been played many times. And maybe not surprisingly is that seemingly seminal meeting in the Oval Office. Among the president the vice president Senator Schumer speaker Pelosi or then house minority leader Pelosi where Trump said I will own this. I will shut down the government. How much has that come to haunt him in a way, especially in terms of public perception of who's to blame for what's happened over the past thirty five days. Yeah. I mean, I think it was sort of determinative if you go back and take my favorite part of that tape is is look at Chuck Schumer. Top Senate democrat. He can barely contain his laughter because he knows he's got them. He's got him in that moment. And look I there's been a lot of Paul's at about who's to blame for the shutdown. There's not a single one that I've seen that says Democrats have the blame or the majority blame blame Trump and the Republicans, and that's that has given Pelosi and Schumer just enormous ability to maneuver, they know that they they sort of have the public against Trump on this kind of felt like they were on the side of the angels. I thought that when Pelosi said he couldn't deliver the state of the union that might have been a misstep on her part because he is the president. And he wants to give a speech, you should give a speech. But that's the thing even seemed to have changed the change the dynamic, and here we are just days later where Trump is capitulating. So they have had you know, public opinion on their side. And I do think the LaGuardia thing was was pretty seminal moment, but just the whole drumbeat people not getting paid foodbanks. We've been through the airport and watching those TSA people, you know, they're not getting paid. They're still doing their job. I think for a lot of Americans that was that was unpleasant. And they decided that Trump was the one that or the blame. But to quote, one of our former colleagues Hans Nichols. Who tweeted a ceasefire not a truce? I mean, this ain't over. No. But I agree with that. I I would say a couple of things about that. It seems like it'd be really hard to shut down the government again having just come through it. I know that this this only a three week deal and theoretically on February fifteenth the money runs out just like it ran out before. And you could you could happen again. I think at that point you might have a lot of a lot of lawmakers in the Republican side again saying look, Mr President, we can disease where we'll do this hard way. I don't think they want to go through this again. And and Secondly it again. I've said it about five times, there's no way there's no way to look at this except that Trump caved. I mean, Nancy Pelosi is Chuck Schumer knows the Democratic Party knows that. And so the idea that he comes back three weeks later playing a stronger hand and having a better chance to get the wall. There's no version of politics that I I'm familiar with are. That's true. Let's talk about you referenced Roger stone. So is that investigation getting to the president? Yeah. I mean, you know, we don't know where this is all going to lead. I think of it a little bit like concentric circles with Donald Trump in the middle and mother is alleging that stone lied and some of his testimony. So that's usually fairly easy to prove. But again, you now have a very direct link between

President Trump Nancy Pelosi Donald Trump Mr President Roger Stone Chuck Schumer Craig Gordon Senate Laguardia Airport Senator Schumer Schumer Vice President Hollywood United States Executive Editor Oval Office Washington Bureau Chief
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:31 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"I have to say Golden State cider and a east German sneaker. I gotta get my hands on and killer. Snails we can't forget that one. And we've got to China takeover a whole section devoted to what's going on in China. What I love about this insight, whether it's questions about economic data, and what it tells us about what's going on the Chinese economy. Get a look at suing your boss. Not surprisingly not so easy to do Jason on Friday. President Trump, of course, announcing a deal to reopen the government for three weeks. It did end that thirty five day partial government shutdown without though, securing any of the border wall money that he has been demanding for a long time. I am very proud to announce. Today that we have reached a deal to end the shutdown and reopen the federal government and after thirty five days, the shutdown is over. Let's get a sense of what it all means. Craig Gordon, executive editor and Washington bureau chief joins us, the hardest working man in Hollywood. I know Craig. So what do we take away from what we heard from the president? What you saw was a complete and utter capitulation by the president on his demand for wall. Fungi may remember that he said he would not sign a Bill that did not include five point seven billion dollars to build a wall. And then he accepted exactly zero dollars. That is huge. What happened? Why did he all of a sudden why did he pitch Elat? I think what happened is LaGuardia Airport got shut down. And you know, it's all fun and games until someone can't land there airplane. It's hard not to take note of the timing of the Roger stone indictment on the same day. But you know, Trump is a master of distraction and certainly a lot of us in the newsroom horror writing. Stories about Roger stone. And how his close ties to candidate Trump and President Trump, suddenly we're now having to write about the end of the shutdown. So we'll we'll be back to stone before long hair. But you did have just a lot of pressure piling up on Trump. I think also you saw after they took those two votes in the Senate that both failed McConnell and Schumer got together. And I think there was a little bit of a growing drumbeat. Among even some Republicans senators and say, look, Mr President, you're not going to open this up. We will. So obviously better for him to look like he's in control of the situation. But it is it is pretty hard to overstate. How much he gave up on the wall? And it does feel on the other side like a pretty clean wind for speaker Nancy Pelosi here. Yeah. I mean, I, you know, it's interesting because there are a lot of questions about whether Pelosi was sort of the right leader for the new democratic majority. You've got a kind of a younger and more diverse majority in the house now boy, I think she's she's earn her pay. She's really she's kind of getting it done for them right now. I mean, look she stood with the president United States. And she pretty much got everything she wanted so far, and he's gotten almost nothing that he wanted so far, and that's kind of a win by any measure. So Craig I gotta ask you to one of the things that I think has been played many times. And maybe not surprisingly is that seemingly seminal meeting in the Oval Office. Among the president the vice president Senator Schumer speaker Pelosi or then house minority leader Pelosi where Trump said I will own this will shut down the government. How much has that come to haunt him in a way, especially in terms of public perception of who's to blame for what's happened over the past thirty five dollars? Yeah. I mean, I think it was sort of determinative if you go back and watch that take my favorite part of that tape is is look at Chuck Schumer, the Senate top Senate democrat he can barely contain his laughter because he knows he's got them. He's got him in. In that moment. And look I there's been a lot of polls out about who's to blame for the shutdown. There is not a single one that I've seen that says Democrats have the blame or the majority blame blame Trump and the Republicans, and that's that has given Pelosi and Schumer just enormous ability to maneuver, they know that they have the public against Trump on this. They they've kind of felt like they were on the side of the angels. I thought that when Pelosi said he couldn't deliver the state of the union that might have been a misstep on her part because he is the president. And he wants to give speeches you give a speech. But that's the thing that seemed to have changed the James dynamic, and here we are just a few days later where Trump is capitulating. So they have had public opinion on their side. And I do think the LaGuardia thing was was a pretty seminal moment. But just the whole drumbeat people not getting paid foodbanks. We've I've been through the airport and watching those TSA people, you know, they're not getting paid and they're still doing their job. I think for a lot of Americans that was that was unpleasant. And they decided that Trump was the one that bore the blame. But to quote, one of our former colleagues Hans Nichols. Who tweeted a ceasefire? A truce. I mean, this ain't over. No. But I agree with that. I I would say a couple of things about that. It seems like it'd be really hard to shut down the government again having just come through it. I know that this this only as a three week deal and theoretically on February fifteenth the money runs out just like it ran out before. And you could you could happen again. Boy, I think at that point you might have a lot of a lot of lawmakers on the Republican side again saying like, look, Mr President, we can disease. Do this hard way. I don't think they want to go through this again. And Secondly, it again, you know, I've said it about five times, there's no way there's no way to look at this except the Trump gate. I mean, Nancy Pelosi Chuck Schumer knows that Democratic Party knows that. So the idea that he comes back three weeks later playing a stronger hand and having a better chance to get the wall. There's no version of politics that I I'm familiar with where that's true. Let's talk about you reference, Roger stone. So is that investigation getting to the president? Yeah. I mean, you know, we don't know where this is all going to lead. I think of it a little bit like concentric circles with Donald Trump in the middle and mother is alleging that stone lied and some of his testimony. So that's usually fairly easy to prove. But again. Can you now have a very direct link between WikiLeaks Russia stone and people in the Trump campaign? There's a very tantalizing part of that indictment were talks about stone is directed by senior Trump campaign officials to sort of reach out to WikiLeaks and see what they had on the Democratic National Committee emails or any kind of dirt on Hillary. We don't know who did the reaching out. But there again, there's another person who's likely target of future Muller action. So with every step he's building this very methodical case, it does feel like we're getting closer to Donald Trump. Thank you. Thank you Craig Jordan, Washington bureau chief at Bloomberg news from our ninety nine one studio in the nation's capital. You're listening to Bloomberg BusinessWeek coming up Japan. It's looking to develop a flying car.

President Trump president Nancy Pelosi Roger stone Chuck Schumer Trump Mr President Trump gate Craig Senate LaGuardia Airport Washington bureau chief Craig Gordon China Craig Jordan Jason Bloomberg Senator Schumer Democratic National Committee
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:28 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"You. No longer doing out any money for the wall. Now. Have I not clear on okay? No, I have been very clear on the wall. Yeah. Very clear, but let me just go to the previous question and say, this is an associate myself with the remarks of the leader in our caucus, the beauty of it is the mix, and I always say when people say to me, oh, you're so good at it. We're getting a caucus. No. I don't unifier. Our values unify us. And I'm sure it's the same in the Senate. And the fact is is that our diversity is our strength, the differences in so many different ways, including differences of opinion. That's our strength. But our unity is our power. And that is not maybe the president underestimated. Thank you everybody. All right. So you've been listening from Washington house speaker Nancy Pelosi and the Senate minority leader Senator Chuck Schumer. Of course as expected to address falling those comments by President Trump and the shutdown. I think what's key is that at this point the government is reopened. And now they are going to go back. I would assume to the negotiating table, and they will try to figure out something in terms of funding. Ding when it comes to homeland security, and so that is still an issue. A key issue to be worked at at this point as for the state of the union. This is something we've talked about Craig Gordon Nancy Pelosi saying the state of the union is not planned at this moment. The address what happened next week, right, but not expected to and she said, she would discuss a date for that address when the government is up and running well, and one notable thing we did talk to Craig Gordon about this is well Chuck Schumer, saying something, they'd probably Nancy Pelosi can't say about herself speaker policy can't say, which is that the president learned not to underestimate Nancy Pelosi, and as Craig I think very wisely pointed out, and and remember Nancy Pelosi's paths back to the speakership was not clear, you know, within the party hard to imagine this happening under someone without her political savvy, candidly we're talking about. The history books and how we're going to write this era of our political history. But I think what's going to be interesting just about the Trump tenure at least so far is you've got the first two years right where he had his party in charge of congress. And now you've got a split congress, and it's a little bit of a different situation..

Craig Gordon Nancy Pelosi Senator Chuck Schumer Nancy Pelosi president President Trump Craig Gordon Senate congress Washington Craig two years
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:44 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"General Electric has altered the terms of a deal to unload its locomotive business GE shares. They're up now by four point two percent. And after earnings last night Starbucks up by three point two percent. Recapping US equities higher SNP up twenty one a gain of eight tenths of one percent. I'm Charlie Pellett. And that is a Bloomberg business flash much appreciated. Charlie pellett. You are listening to Bloomberg BusinessWeek Carol Massar along with Jason Kelly right here. Here on Bloomberg radio. I am very proud to announce today that we have reached a deal to end the shutdown and reopen the federal government. And that was President Trump speaking just moments ago in the rose garden down at the White House in the nation's capital much-anticipated, and after thirty five days, it appears the shutdown is over it's been a busy day in Washington owing to that and some other headlines. So let's get a sense of what it all means. Craig Gordon, executive editor and Washington bureau chief joins us, the hardest working man in Hollywood. I know Craig. So what do we take away from what we just heard from the president? What you sorry. There was a complete and utter capitulation by the president on his demand for wall funding. You may remember that he said he would not sign a Bill that did not include five point seven billion dollars to build a wall. Then yesterday, they said, well at least a down payment, but like our big now payment and then today, he accepted exactly zero dollars. That is huge. What happened? Why did he all of a sudden why did he capitulate? I think what happened is LaGuardia Airport. Gotcha down today. And it's all fun and games until someone can't land their airplane. It's hard not to take note of the timing of the Roger stone indictment on the same day when talk about that minute. But you know, Trump is a master of distraction, and certainly a lot of us in the newsroom horror writing stories about Roger stone, and how his close ties to candidate Trump and President Trump, suddenly we're now having about the end of the shutdown. So we'll we'll be back to stone before long here. But. He did have just a lot of pressure piling up on Trump. I think also you saw yesterday after they took those votes in the Senate that both failed McConnell and Schumer got together. And I think there was a little bit of a growing drumbeat. Among even some Republicans senators and say, look, Mr President, if you're not going to open this up we will. So obviously better for him to look like he's in control of the situation. But it is it is pretty hard overstate. How much he gave up on the wall? Well, and we were tight Carol. Now, we're talking as we were listening to and and it does feel on the other side like a pretty clean win for speaker Nancy Pelosi here. Yeah. I mean, I, you know, it's interesting because there were a lot of questions about whether Pelosi was sort of the right leader for the new democratic majority. You've got a kind of a younger and more diverse majority in the house now boy, I think she's she's earn her pay. She's really she's kind of getting it done for them right now. I mean, look she stood in with resin, the United States, and she pretty much got everything she wanted so far and he's gotten almost nothing that he wanted so far, and that's kind of a win by any measure. So Craig I gotta ask you, you know, one of the things that I think has been played many times. And maybe not surprisingly is that is seemingly seminal meeting in the Oval Office. Among the president the vice president Senator Schumer speaker Pelosi or then house minority leader Pelosi where Trump said I will own this. I will shut down the government. How much has that come to haunt him in a way, especially in terms of public perception of who's to blame for what's happened over the past thirty five dollars? Yeah. I mean, I think it was sort of determinative if you go back and watch that take my favorite part of that tape is is look at Chuck Schumer, the Senate top Senate democrat he can barely contain his laughter because he knows he's got them. He's got him in. That moment. And look there's been a lot of polls out about who's to blame for the shutdown there, not a single one that I've seen that says Democrats have the blame or the majority blame blame Trump and the Republicans, and that's that has given Pelosi and shimmer just enormous ability to maneuver, they know that they have the public against Trump on this kind of felt like they were on the side of the angels. I thought that when Pelosi said he couldn't deliver the state of the union that might have been a misstep on her part because he is the president, and he wants to give speeches should give a speech. But that's isn't even seem to have changed the change of dynamic. And here we are just a few days later where Trump is capitulating. So they have had public opinion on their side. And I do think the LaGuardia thing was was a pretty several moment. But just the whole drumbeat people not getting paid food banks. We've been through the airport and watching those TSA people when you know, they're not getting paid and they're still doing their job. I think for a lot of Americans that was that was unpleasant. And they decided that Trump was the one that bore the blame. But to quote, one of our former colleagues Hans Nichols. Who tweeted a ceasefire not? The truth. I mean, this ain't over. No. But then I agree with that. I would say a couple of things about that. It seems like it'd be really hard to shut down the government again having just come through it. I know that this is a three week deal. And theoretically on February fifteenth the money runs out just like it ran out before. And you could you could happen again. Boy, I think at that point you might have a lot a lot of lawmakers on the Republican side again saying like, look, Mr President, we can do this hard way. I don't think they want to kind of go through this again. And Secondly it again. I've said it about five times, there's no way there's no way to look at this except that Trump caved. I mean, Nancy Pelosi is Chuck Schumer knows the Democratic Party knows that. And so the idea that he comes back three weeks later playing a stronger hand and having a better chance to get the wall. There's no version of politics that I am familiar with where that's true. So Craig is the pressure. So let's let's talk about you reference Roger stone today 'cause you're right. We came bang out of the gate this morning. I'm reading in you know, and this was the big story. And I thought this was going to be the big story in addition to the shutdown, but really the big story out of Washington. So Roger stone longtime Republican strategists sometime confident of the president charged with obstructing special counsel Robert Muller's investigation of Russia Russian interference in the two thousand sixteen elections. So is that investigation getting to the president? Yeah. I mean, you know, we don't know where this is all going to lead. I think of it a little bit like concentric circles with Donald Trump in the middle and Muller has been moving through those Manafort, I that was kind of low hanging fruit. He had some some filing violations, etc. That was kind of an easy one. Once they rated Cohen that was one circle closer to Trump. They got other records from from Satele room and all that stuff. Now, you've got stone who is a confidante of Trump for many many years meeting in a couple of New Yorkers go back a long way, probably thirty years in New York City, New York state politics. So they know each other. Well, again, mother is alleging that stone lied and some of his testimony. So that's usually fairly easy to prove. It's interesting in the indictment. It doesn't really get to the substance of too much into the self-censor. Stone is not charge related to the substance of the Muller allegation that he was the go-between between WikiLeaks on the Russian hat Democratic National Committee emails and the Trump campaign in there. It's talked about it's sort of that's the role. The Muller believes are alleges that stone play he's charged with any of that. So that's most of us just perjury and such. But again, you now have a very direct link between WikiLeaks Russia. Stone and people in the Trump campaign. There's a very tantalizing part of that Diana where it talks about stone has directed by senior Trump campaign officials to sort of reach out to WikiLeaks and see what they had on the Democratic National Committee emails or any kind of dirt on Hillary. We don't know who did the reaching out. But there again, there's another person who's likely target of future Muller action. So with every step he's building this very methodical case, it does feel like we're getting closer to Donald Trump. Right. And well, it seems like a long time ago at least to me. I mean this earlier this was the week that earlier we heard a little bit of back and forth round. Michael Cohen, the president's former lawyer as it relates to his plan. Testimony on Capitol Hill in front of the house being postponed by him this voluntary testimony. But now is do I have it, right? That he has been subpoenaed to testify behind closed doors in front of the Senate. Yeah. Following the bouncing ball. I'm pretty sure that's right. It's again, it's like we can do is easy way. The hardware come in. He'd said I'll tell my story anytime anyplace downtown started tweeting some rather threatening things about members of his family. And he decided, you know, maybe not, but they can't subpoena him Democrats have subpoena power. They they could bring him in to talk, and again, probably nobody on earth, except Donald Trump himself knows more about Donald Trump's business dealings than Michael Cohen, Roger stone. Again, we can presume was we know was in close contact with Trump off and on during the campaign a afford again was right in the middle of the campaign along with his associate Rick gates. So Robert Muller knows a lot of things right now. And as I say, I want to use the cliche of tip of the iceberg because it's hard to know, exactly. Where in the iceberg. We are ready to the Muller investigation. But I think, you know, again, even in the stone diamond there's nothing specifically laying out point by point the the alleged ties between stone WikiLeaks and the Trump campaign and all that. But it's all. There. It's all like right there in there, and you can only presume the Muller has a lot more to say on that that puts people like stone and others from the campaign much more directly in in the middle of that. And now, you have a situation where you have essentially a US presidential campaign seeking information from a foreign government that's supposed to do that. And so I it seems like is heading in that direction. So if that's ultimately where we end up Craig I mean, what could potentially happen to does. That mean, you have charges against a sitting president illegally. This is kind of a new world for us know if that indeed is how it plays out. How would it play out? Yeah. I mean, I it's it's a little hard to tell. I do think we're we're kind of back to the old like what did the president now on when we now know it from the days of Watergate, and that and that we don't know. I mean, just to be fair to all involved here. We certainly have a lot of people who we know talk to Donald Trump for Roger stone people like that. And Michael Cohen in pretty close proximity to some some bad and likely illegal things, we don't know yet, if they told Trump if Trump new Trump directed them, we just we simply don't know. And again, I think we will know before the end of this. But that's going to ultimately be the question. I mean, you really blend of blunt about it how much trouble Donald gets trouble down. Trump gets in is how much he knew and how much he directed. If any if anything, and we just don't know yet. Well, last quick question does the president delivers state of the union speech on January twenty ninth. I don't think it'll be on the twenty ninth. 'cause that'd be a pretty quick turnaround. Just almost logistically, but we actually were watching the watching the rose garden event that just happened to see if he would sort of say, oh, by the way, I'm gonna give my speech. So stay tuned. More to come on that right? You are the best. And I know it's been busy for you guys in your team. But I always get us up to speed. Thank you. Thank you. Craig Jordan, Washington bureau chief at Bloomberg news from our ninety nine one studio in the nation's capital. So as you have been hearing, it appears there is an agreement to reopen the government based on what the president United States just said moments ago in the rose garden, you heard some of the context just there from executive editor and DC bureau chief Craig Gordon more to come on that more to come on the market reaction. This is work..

President Trump president Roger stone Trump Robert Muller Craig US Nancy Pelosi Mr President Chuck Schumer Bloomberg Senate Michael Cohen Craig Gordon Carol Massar Starbucks Charlie Pellett Washington bureau chief General Electric
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:08 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"We are in the fourth week of a partial government shutdown, and that's where we'll start with Craig Gordon. He is Washington bureau chief and an executive editor here at Bloomberg joins us from our ninety nine when studio down there in the nation's capital. Mr. Gordon Commissioner, how is it going? Where are we on this shutdown? We are at day twenty four the lines are getting longer at airports, but I come today with a tiny flicker of hope how man talk to us. This just end just literally within the past hour, or so the Democrats are going to people recall they've been putting up spending bills that Mitch McConnell has refused to take up in the Senate. Donald Trump has said he won't sign. Most of those had an end date if every eight they've done some to fund the government all the way till September. But they threw in a little bit of a curveball this afternoon and said they're going to put forward a Bill later this week to keep the government to reopen the government through February twenty eighth now that date isn't really important. Except for the fact that this lines up with the plan put forward by the Senator from South Carolina, Lindsey Graham who last week sort of came out and said, why don't we just reopen the government for a little while? So everyone could get back to work at their paychecks government. Get back in business will we'll hash out the wall again for another six weeks. And then if we still can't come thing, we'll just close it back down again to show, everyone Donald Trump is serious about this. And a lot of people in Washington thought there is a certain kind of Washington logic to that probably not real world logical Washington logic to that Trump has said no way. No how. But now the fact that the Democrats are putting forward this Bill with that date, and that sort of echo of Lindsey Graham's plan suggests maybe they know something we don't that. There is a little bit of a movement. Look, the polls are really bad for Republicans right now. And they may be trying to find a solution. And I do wonder does it speak to you Craig that that Republicans and Democrats are meeting behind closed doors saying, okay, we know where the president is on this. But let's see if we can figure out something, folks. Yeah. I mean, look, I, you know, we've said I've said many times since I. Probably even on this program. I think Democrats are kind of still winning the shutdown of the Senate, but he wins a shutdown. But even the Democrats are going to start to feel pressure from folks in their hometowns a lot of these federal workers that are not getting paychecks. The number two House Democrat is as from Maryland Hoyer. So a lot of his constituents are federal workers. And so look the pain there's a lot of pain to go around here. And I think Democrats would actually genuinely could imagine a day when they actually do start getting blamed now the polls right now show, the blame squarely Donald Trump the Republicans. We had a nice story today pulling together six of the polls, very well respected polls. Fifty six percent blame. Trump Fifty-three percent blame. Trump fifty five percent playing Trump down the line Trump, and therefore the Republican party getting blamed for this. So they definitely have a little more incentive Lindsey Graham Republican he's trying to find a way out and kind of throw a lifeline to the president. You know, maybe the Democrats, you know, they could see clear to to kinda coming to some kind of arrangement where they can get the government back open and get that to me does suggest. Starting to feel ever so slightly a little bit of pressure on the Democrats. Well, we just want to mention the headline crossing the Bloomberg terminal. This has to do with President Trump's plan to undo ObamaCare contraceptive rule. It is being blocked. This is a Pennsylvania judge issuing a nationwide injunction. So essentially, it's veg in federal judge in Philadelphia blocking the Trump administration's plan to rollback Obama's cares contraception mandate for businesses claiming religious or moral objection. Remember, we got a similar ruling. I think it was late Sunday over the weekend from a judge in California. What's key about this one? Jason is that this preliminary injunction is being applied Nash, right, right? And then sure we're going to continue to to follow that story. Still speaking with Craig Gordon, our Washington bureau chief, so I wanna ask you one of the parts of the government that is still open. Obviously is the Senate that's going to hear from William bar Tamar. Former attorney general nominated to be attorney general again in the Trump administration. We got his opening remarks earlier today, and even more scrutiny on what he's going to say tomorrow, given some of the reporting over the weekend about Russia and its potential ties to the president and his campaign. What do you expect to hear when Mr. bar does appear on Capitol Hill tomorrow? Sure. So we know from this is his actual testimony. So sort of read it into the record tomorrow in front of the TV cameras where he says that he actually thinks it's very important that congress and the public both be told other results Robert Mueller special counsel into whether there was any collusion between the Trump campaign and the Russian government. I mean, you know, he he tried to make it sound like he was going to be very transparent he made clear, however that he would only release the report or the final sort of findings of Muller to the extent the law allowed, and I think what Democrats will say tomorrow is he'll only do it to the extent. He's required. Right. And there's a little bit of ambiguity there. You know, we don't have special counsels every day, and the the the laws of changed through the years. So it's not entirely clear at this moment. Exactly what he's required to do. What he's able to do what he could say he could not do. So democrats. I think are gonna work him over pretty hard on this question and try to get some kind of an airtight promise from him. You know, basically you've obviously looked at the law. You know, people remember bar wrote a memo saying that Muller was overstepping his bounds. So it's not like this is unfamiliar to him. He wants to be the chief essentially law enforcement officer for the country. You could imagine you might have done some research, and they will seek to get some kind of a lock down promise that whatever motor puts forward. He will find a way to put out to the public. I don't think they'll get it in. And we're going to spend about two days worth testimony going back and forth over that cake. Craig just got about forty seconds left here on sixty minutes over the weekend. It highlighted a piece with the house oversight and reform committee chairman, and we're talking about Elijah Cummings talking about hitting the ground running to investigate the Trump administration. Is that what we're all getting ready for sorry? It just got about twenty five seconds. Yeah. They've they've said it they're going to do it. I'm a little surprised. It's taken them this long to get some.

President Trump Trump administration Craig Gordon Donald Trump Lindsey Graham Senate president Trump Washington bureau chief Bloomberg Bill Muller Washington Mitch McConnell Mr. Gordon Commissioner Maryland South Carolina attorney William bar Tamar Elijah Cummings
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:57 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"In New York. Let's head to our Bloomberg ninety nine one newsroom in Washington now to see what items in politics and government are set to top the agenda next week for that we bring in Bloomberg daybreak anchor. Nathan Hager, Bob, the era of divided government. Under President Trump begins in earnest in the coming week the first full week of action for the democratic controlled house. Led by returning speaker Nancy Pelosi together, we will let it be known that this house will truly be the people's health. But the work in the house still has to get past Republican controlled Senate for more. We're joined by Bloomberg news, Washington bureau, chief Craig Gordon, a Craig as Pelosi read took the gavel we heard a pretty ambitious agenda for her and the Democrats, but given the current environment can any of what Pelosi wants to do over the next two years. Get passed the house not really is the honest answer. But. You know, right now, Nancy Pelosi's job is to lay out an agenda to tell voters heading into the twenty twenty presidential. And of course, congressional elections at your to. Hey, this is what it would look like if Democrats controlled Washington, we're going to try to raise the minimum wage, we're going to try to make college more formidable. We're going to try to you know, do some middle class sort of things to help the middle class. If you like it vote for our candidates in two thousand twenty to be Donald Trump. So she has an important function in the party. I mean, look she is essentially the leader of the Democratic Party right now until there is a presidential candidate that person tends to kind of become the titular head of the party. But if you are trying to find out how Democrats would govern you look to Nancy Pelosi, and our newly minted majority in the house. So where does this leave the Senate, then under majority leader Mitch McConnell does the Senate become the body where you'd think of legislation cooling does suddenly freeze now be cool? Ing saucers. Yeah. He's over what you're saying. Yeah. You look, I think Mitch McConnell's in a very very. Tough spot. And for a lot of us have been in Washington for a while he's handling the shutdown in a very unusual way. You know, one thing you learn when you cover Washington is that the the leaves the house and the Senate, you know, they view themselves as a co equal branch of government. That's how founder set it up. So they're not wrong. But they tend to take that prerogative very seriously, and they don't like to be bossed around by the White House. Even if as McConnell's case, fellow Republican, Donald Trump is is running the White House on the shutdown though. It's almost as though Mitch McConnell was handed his his gavel over to the president. He has said he will not bring a Bill to the floor unless he knows the president will support it for a lot of us. That's remarkable the idea that I mean, you might say look, he's a Republican Republican. He's just being loyal to the president. But the idea that the Senate would essentially abandoned his frog to put for the legislation that believes is the right path. I it's pretty striking to a lot of us. And again, Mitch McConnell is a person who considers himself kind of master legislator master tactician. And in this case, he's kind of shrugging the shoulders. Saying I'm going to wait and see what Trump wants does that mean that he's going to wait and see on other types of policy proposals that the president might want a above and beyond the shutdown. Yeah. We don't know if it's gonna go quite that far. I do think McConnell has obviously tried to be deferential to the to the Republican president for the past two years. I think that's in a lot of ways gotten harder for McConnell to do people. Remember, the ObamaCare fight where you know. The Trump changes a physician a bunch of different types of ever could get that could get that through. They did Nancy get through the tax reform working closely with the president. But look, let's be honest. I don't Trump is a difficult person to be a partner to he changes his mind a lot. It's never really clear who speaks for him as is becoming increasingly a problem in the shutdown. He said the vice President Mike Pence to to congress with an offer to accept less money for the border wall. And then Trump pulled the rug out from under underpants. So if you're Mitch McConnell, I it's it's actually pretty tough to even know what Trump wants let alone to deliver it, I think he will generally try to be lockstep with Trump again as to Republicans hoping to hold the Senate hold the White House, but it's not going to be easy. And and I think you could see McConnell goes on way from time to time. Yeah, it's interesting. You say that because being in lockstep with the president as you point out might be difficult when that lockstep shifts with the wind almost seemingly. Yeah. I mean, people may recall just before the Christmas holiday they. They thought they had a deal to keep the government open. Trump had said he wasn't interested in doing a shutdown McConnell. And and then there was you know, Paul Ryan. But even closer with the incoming speaker all said great. We don't wanna shut down the government either. Let's let's put some funding to keep us through till February eighth and never can go home. And enjoy the holidays a little bit two days later under some pressure from conservative talk radio host from changes. Mine said he needed the wall said it needed to be the full five billion and shutdown commenced. So even in that even in this recent history, it's hard to know exactly where Trump Trump's loyalties lie. All right. Thanks as always great. That's Bloomberg Washington bureau chief Craig Gordon, and that's what's happening here in the nation's capital. I'm Nathan Hager..

Mitch McConnell President Trump Senate president Nancy Pelosi Trump Bloomberg Democrats White House Washington Nathan Hager Craig Gordon New York vice President Democratic Party Washington bureau chief
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:57 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"In New York. Let's head to our Bloomberg ninety nine one newsroom in Washington now to see what items in politics and government are set to top the agenda next week for that we bring in Bloomberg daybreak anchor. Nathan Hager, Bob, the of divided government under President Trump begins in earnest in the coming week the first full week of action for the democratic controlled house. Led by returning speaker Nancy Pelosi together, we will let it be known that this house will truly be the people's health. But the work in the house still has to get past a Republican controlled Senate for more. We're joined by Bloomberg news, Washington bureau, chief Craig Gordon and Craig as Pelosi retook, the gavel we heard a pretty ambitious agenda for her and the Democrats, but given the current environment can any of what Pelosi wants to do over the next two years. Get past the house. Not really is the honest answer. But you know, right now, Nancy Pelosi's job is to lay out an agenda to tell voters heading into the twenty twenty presidential. And of course, the congressional elections at your to. Hey, this is what it would look like if Democrats controlled Washington, we're gonna try to raise the minimum wage, we're going to try to make college more affordable. We're going to try to you know, do some middle class sort of things to help the middle class. If you like it vote for our candidates in two thousand twenty to be Donald Trump. So she has an important function in the party. I mean, look she is essentially the leader of the Democratic Party right now until there is a presidential candidate that I intend to kind of become the titular head of the party. But if you are trying to find out how Democrats would govern you look to Nancy Pelosi, and our newly minted majority in the house. So where does this leave the Senate, then under majority leader Mitch McConnell does the Senate become the body where you'd think of legislation cooling does it suddenly freeze now the cooling saucer? He's over. Yeah. You look I think Mitch McConnell's in a very very tough spot. And for a lot of us have been in Washington for a while he's handling the shutdown in a very unusual way. One thing you learn when you cover Washington is that the the leaders of the house and the Senate, you know, they view themselves as a Coequal branch of government. That's how the founders set it up. So they're not wrong, but they tend to take that very seriously, and they don't like to be bossed around by the White House. Even if as McConnell's case, fellow Republican, Donald Trump is is running the White House on the shutdown though. It's almost as though Mitch McConnell was handed his his gavel over to the president. He has said he will not bring a Bill to the floor unless he knows the president will support it for a lot of us. That's remarkable the idea that I mean, you might say look, he's a Republican Trump's Republican he just being loyal to the president. But the idea that the Senate would essentially abandoned his frog to put for the legislation that believes is the right path. I it's pretty striking to a lot of us. And again Mitch is a person who considers himself kind of master legislator master tactician. And in this case. Case. He's kinda shrug in the shoulders and saying I'm going to wait and see what Trump wants does that mean that he's going to wait and see on other types of policy proposals that the president might want a above and beyond the shutdown. Yeah. We don't know if it's gonna go quite that far. I do think McConnell has obviously tried to be deferential to the to the Republican president for the past two years. I think that's in a lot of ways gotten harder for McConnell to do people. Remember, the ObamaCare fight where the Trump changes a physician a bunch of different types never could get that could get that through. They did manage to get through the tax reform working closely with the president. But look, let's be honest. I don't Trump is a difficult person to be a partner to he changes his mind a lot. It's never really clear who speaks for him as is becoming increasingly a problem in the shutdown. He said the vice President Mike Pence to to congress with an offer to accept less money for the border wall. And then Trump pulled the rug out from under pants. So if you're if you're rich McConnell, I it's it's actually pretty tough to even know what Trump wants let alone to deliver it, I think he will. Generally, try to be a lockstep with Trump again as to Republicans hoping to hold the Senate, hold the White House. But it's not going to be easy. And I think you could see McConnell goes on way from time to time. Yeah, it's interesting. You say that because being in lockstep with the president as you point out might be difficult when that lockstep shifts rum with the wind almost seemingly. Yeah. I mean, people may recall just before the Christmas holiday, they thought they had a deal to keep the government open. Trump had said he wasn't incident and doing a shutdown McConnell. And and then there was, you know, Paul Ryan, but even Pelosi with the incoming speaker all said great. We don't wanna shut down the government either. Let's let's put some funding to keep us through till February eighth and never can go home. And enjoy the holidays a little bit two days later under some pressure from conservative talk radio host, Trump changes his mind said he needed the wall said it needed to be the four five billion and shutdown commenced. So even in that even in this recent history, it's hard to know exactly where Trump Trump's loyalties lie. All right. Thanks. That's Bloomberg Washington bureau chief Craig Gordon, and that's what's happening here in the nation's capital. I'm Nathan Hager. Follow.

Donald Trump Mitch McConnell president Senate Nancy Pelosi Trump White House Democrats Bloomberg Washington Craig Gordon Nathan Hager vice President New York Democratic Party Washington bureau chief
"craig gordon" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:09 min | 3 years ago

"craig gordon" Discussed on Bloomberg Radio New York

"Six points on Friday. I'm barton. This is Bloomberg daybreak weekend. Our global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. Let's head to our Bloomberg ninety nine one newsroom in Washington now to see what items in politics and government are sent to top the agenda next week for that we bring in Bloomberg daybreak anchor. Nathan Hager, Bob, the of divided government under President Trump begins in earnest in the coming week the first full week of action for the democratic controlled house. Led by returning speaker Nancy Pelosi together, we will let it be known that this house will truly be the people's health. But the work in the house still has to get past Republican controlled Senate for more. We're joined by Bloomberg news, Washington bureau, chief Craig Gordon, a Craig Pelosi retook, the gavel we heard a pretty ambitious agenda for her and the Democrats, but given the current environment can any of what Pelosi wants to do over the next two years. Get passed the house not. Really is the honest answer. But you know, right now, Nancy Pelosi's job is to lay out and agenda to tell voters heading into the twenty twenty presidential. And of course, congressional elections at your to. Hey, this is what it would look like if Democrats controlled Washington, we're gonna try to raise the minimum wage, we're going to try to make college more affordable. We're going to try to you know, do some middle class sort of things down to the middle class. If you like it vote for our candidates and twenty twenty to be Donald Trump. So she has an important function in the party. I mean, look she is essentially the leader of the Democratic Party right now until there is a presidential candidate that person tends to kind of become the titular head of the party. But if you are trying to find out how Democrats would govern you look to Nancy Pelosi, and our newly minted majority in the house. So where does this leave the Senate, then under majority leader Mitch McConnell does the Senate become the body where you'd think of legislation cooling does suddenly freeze now the cooling saucer? He's over interesting. Yeah. You look I think Mitch McConnell's in a very very tough spot. And for a lot of us have been in Washington for awhile. He's handling the shutdown in a very unusual way. You know, one thing you learn when you cover Washington is that the leaders of the house and the Senate, you know, they view themselves as Coequal branch of government that's other founder set it up. So they're not wrong. But they tend to take that very seriously, and they don't like to be bossed around by the White House. Even if as a McConnell's cases, fellow Republican, Donald Trump is is running the White House on the shutdown though. It's almost as though Mitch McConnell was handed his his gavel over to the president. He has said he will not bring a Bill to the floor unless he knows the president will support it for a lot of us. That's remarkable the idea that I mean, you might say look, he's a Republican Trump's Republican he just being loyal to the president. But the idea that the Senate would essentially abandon his frog if to put for the legislation it believes is the right path. It's pretty striking to a lot of us. And again, Mitch McConnell is a person who considers himself kind of a master legislator master tactician. And in this case, he's kinda shrug in a shoulders and saying I'm going to wait and see what Trump wants does that mean that he's going to wait and see on other types of policy proposals that the president might want a above and beyond the shutdown. Yeah. We don't know if it's gonna go quite that far. I do think McConnell has obviously tried to be deferential to the to the Republican president for the past two years. I think that's in a lot of ways gotten harder for McConnell to do people. Remember, the ObamaCare fight where the Trump changes position a bunch of different types never could get that could get that through. They did Nancy get through the tax reform working closely with the president. But look, let's be honest. I'll Trump is a difficult person to be a partner to he changes his mind a lot. It's never really clear who speaks for him as becoming increasingly a problem in the shutdown. He sent the vice President Mike Pence to to congress with an offer to accept less money for the border wall. And then Trump pulled the rug out from under underpants. So if you're if you're Mitch McConnell, I it's it's actually pretty tough to even know what Trump wants let alone to deliver it, I think. He will generally try to be lockstep with Trump again as to Republicans hoping to hold the Senate hold the White House, but it's not going to be easy. And and I think you could see McConnell goes on way from time to time. Yeah, it's interesting. You say that because being in lockstep with the president as you point out might be difficult when that lockstep shifts rum with the wind almost seemingly. Yeah. I mean, people may recall just before the Christmas holiday, they thought they had a deal to keep the government open. Trump had said he wasn't incident and doing a shutdown McConnell. And and then it was, you know, Paul Ryan. But even closer with the incoming speaker all said great. We don't wanna shut down the government either. Let's let's put some funding into keep us through till February eighth and never can go home. And enjoy the holidays a little bit two days later under some pressure from conservative talk radio host, Trump changes mine said he needed the wall said it needed to be the full five billion and shutdown commence. So even in that even in this recent history, it's hard to know exactly where Trump Trump's loyalties lie. All right. Thanks as always great. That's Bloomberg Washington bureau chief Craig Gordon, and that's what's happening here in the nation's capital. I'm Nathan Hager. Follow.

Donald Trump Mitch McConnell president Senate Nancy Pelosi Bloomberg Democrats Trump White House Washington Nathan Hager Craig Gordon Bob moon vice President New York Democratic Party Washington bureau chief
President Trump, United States and Iran discussed on Bloomberg Daybreak

Bloomberg Daybreak

05:00 min | 3 years ago

President Trump, United States and Iran discussed on Bloomberg Daybreak

"Daybreak I'm John Tucker in New York with your global look ahead of the top stories for investors in the coming week still ahead apple and tesla lead more than one hundred forty companies reporting earnings but first let's head to our Bloomberg ninety nine one newsroom in Washington to see what items in politics and government set the top the agenda. Next week and for that we bring a Nathan Hager host of our politics, policy, power and. Law program. Aired weekdays At noon on Bloomberg radio Nathan John foreign. Policy will, top the agenda at least at the start of the week President. Trump welcomes, Italy's new prime minister Giuseppi Kante to the White House on Monday just days after that positive meeting on trade with European Commission president John Claude. Juncker we agreed, today first of all to work together towards zero tariffs zero non-tariff barriers and zero subsidies Or, non auto industrial goods thank you and Bloomberg news. Washington bureau chief Craig Gordon joins me now so Craig what are the expectations going, into this meeting with the new Italian prime minister I mean this is a lot more populous government. I would say then Europe is a whole right and the Italians of course their. Economies not exactly blooming right now so it's a tough you know could be a tough meaning, for this prime minister the meaning with Yonker was fascinating because a. Lot of tough talk on both sides and. Then we got word of a quickie sort of news conference came out to announce a deal. So right now I, think we're still trying to sort through what that deal means it seems like the Europeans agreed to buy some more soybeans and by some, more, natural gas the word in our stories, is they don't really need them anymore so, it means on natural gas from Russia so it's not totally clear what the bang for the buck is going to be on this I serve, American, companies but, Donald Trump shirt seemed happy and so happy that he was willing to, take off the table for now Leased his threat of point five percent auto tariffs from cars command from that part of the, world and also on the foreign policy front this week secretary of. State Mike Pompeo is heading back to Singapore. For the Ozzy on summit and Iran is expected to sign an agreement they're just as the. Trump administration is mounting, this new maximum pressure campaign against Iran yeah you're starting to think Pompeo should just get an apartment in Singapore Spend so much time there between the the Chem summit and and all of that but yes this is an important early needing the full Asia summit is. Not until November in that, part of the world but right now they usually have sort of pre. Meetings, with the, foreign ministers usually the economy minister Steve Mnuchin in the case of the United States would go to, these things so it will be a chance for. Pump hair to be in the room with a lot of Asian leaders who seem like they wanna cut a deal with Iran to have a more open relationship there, right at the very moment the. United States is is really trying to crack down on the Iranians obviously people remember President Trump pulled out of the Iran nuclear, deal told, the Europeans are trying to hold that together then pretty tough, without the US that's for sure and then Pompeo, himself gave a, pretty tough speech essentially seeming to try to rally dissident groups inside Aranda to overthrow the government prevail stop just. Short of saying that but the message is. Pretty clear so perhaps a little bit. Of, awkward staging here where you have the the US leader in the Iranian leader kind of in the. Same airspace but you know, for other parts of the world Iran Kip provide oil it can provide. A, lot of, things and even if the United States is not so happy with the government there doesn't mean these, Asian countries don't want to do business with them. And of course like overshadowing just about everything here in Washington is the ongoing Muller investigation now we've gotten reports in the past week that Muller's now looking into President, Trump's tweets for possible obstruction and. Michael Cohen is looking more and more like he's ready to flip where does this go from here Yeah the developments. Of, recent vintage here are quite important this meeting between some members senior members of the Trump campaign and these Russian operatives is taken on a very big role we believe in. The Muller investigation remember what happened Some folks came and said they wanted to talk to the Trump. Campaign extensively about you know Russian children being are, moving to the United States, and the and that sort of thing foster children turns out they. Were, according to the reports offering to feed them. A negative. Information about Hillary Clinton the Trump campaign people seem to listen at least seemed open to the idea and they have always said that Donald Trump himself than the candidate now the. President did not know about the meeting Michael Cohen Trump's time. Lawyer and really personal sort of was now tells a different story that Trump in fact did know about the meeting and I only. Knew about it but, approved it so, that puts that whole meeting to a very different light. If the candidate. We're open to hearing about negative information about Hillary, Clinton, from Russians who. Boy. That gives rubber mother-in-law to work with that's Bloomberg Washington bureau chief Craig Gordon, and that is what's happening here in the nation's capital.

President Trump United States Iran Donald Trump Bloomberg Prime Minister Mike Pompeo Michael Cohen Trump Craig Gordon Washington Bureau Chief Muller Washington Singapore Hillary Clinton Nathan Hager Nathan John John Tucker
UK lawmakers set to decide on Heathrow expansion

Good Day USA

04:10 min | 3 years ago

UK lawmakers set to decide on Heathrow expansion

"Probably the single most consequential impact segment interesting on that subject to central bank comments from the head of economics at the bs was telling central bankers essentially hold your nerve don't be put off by a little bit of a bumpy ride in markets if you're gonna if you're gonna increase interest rates go home go all right go ahead and do it right expecting that i think so i think some of them have no choice quite frankly i thought it was absolutely fascinating the of all the central bankers to sort of rally or or talk to the fed this time around it was india became came approach the fed and said can you slow down your process tightening it's getting it's getting to be a bit of a crunch and that i think is symptomatic of how important us policy is for other central banks around the world you know india is one of these economies that everyone has been sort of optimistic about has supposedly supposedly going to escape a lot of the weakness and yet that was the central banker that came to the fed to say hey can you slow down a little bit quick question is the feds when does the fed break the us economy is going to at some point what's the gap between the yield curve going flat and and us equities rolling over it's hard to say if the fed will allow it to happen i have i've been in this business for twenty years now and i've never heard so much focus on the yield curve in advance of it actually inverting including the focus at the fed so it's very rare that they experience we're going through right now where the fed is saying we don't want to invert the curve we're going to try not to invert the yield curve the sensitivity is extraordinary so i think you can't rule out the possibility that later this year the fed slows down precipitously in an attempt not to invert the yield curve they may let inflation move a little more look for the sevens ten spread i think guy this week could negative servants to turn i'm looking for one that might that might invert this week lovely to see you on the side of the atlantic thank you very much indeed for joining us gina martin adams is find out what the international headlines a little light his markus karlsson good morning guy a bloomberg investigation has found that hedge funds hide polling companies who sold them critical advance information or the eu referendum including data that would have been illegal for them to get to the public this allowed some of them too unfortunately by shortselling the british pound although confidentiality agreements have made it difficult to discover the identities of many of the hedge funds bloomberg has found at that at least a dozen were involved italy's prime minister just pay kante has warned that europe's borders free travel zone could be in danger if no solution is found found on the issue of migration if follows an informal meeting of e you leaders in brussels bloomberg's marine staus reports leaders agreed to strengthen the us border protection force and to speed up agreements with third countries for the repatriation of illegal immigrants into eu the leaders however to agree on how to allocate refugees internally and on stemming the flow of protection seekers from frontier eu countries to the more affluent gore including germany in brussels minds hose bloomberg daybreak europe national security adviser john bolton will this week lay the groundwork for a potential trump putin summit in july bloomberg's craig gordon says the us president has a lot to discuss with the russian leader you know issues like syria iran the middle east all these things every one of these things are vitamin putin has managed to insert himself a very important way and force the rest of the world to come to his door and get his help on these things donald trump has gone to the same and uk lawmakers will today vote on whether they back to the controversial plans for a third runway to be build that's london's heathrow airport the cabinet supports an expansion but a number of conservative and peace are opposing the proposals labor's ruth cadbury is echoing those concerns the risks great risk of nato challenge the restore major logistical difficulties it's the most expensive option that could possibly be the uk aviation and it won't even benefit the regions and.

Twenty Years