35 Burst results for "Jake Sullivan"
A highlight from Growing Unease: Current Administrations Approach to Security and Travel with David Bellavia
"What do you think they're doing with cash, right? What deal do you make where someone says, I'll bring a box of money to you? Yeah. What do you, it's, this is a state sponsor of terrorism. Ladies and gentlemen, distinguished guests and my fellow citizens. America's comeback now. starts right Welcome back Financial Guys podcast. Mike Speraza in studio live today with a guest in the studio. I haven't had this in a long time. Staff Sergeant medal of honor recipient David Bellavia joining me for about a half hour today. David, thank you for joining us. Thank you for having me. I appreciate it. Absolutely. So I'm going to stick based on your background. I'm going to stick with a lot of military stuff today and I want to start, we'll go all the way back to the beginning of the Joe Biden presidency. The Afghanistan withdrawal, in my opinion, did not go very smoothly. I'm sure many people listening agree. What were your overall thoughts of that withdrawal and how it actually ended up happening? I know we lost, you know, sadly lost 13 soldiers in that, in that withdrawal. People say we went off the wrong air base. People say that we shouldn't have gone out in the middle of the summer. There was a lot of different things there. What were your overall thoughts on that? I think it's like the worst day in American history since Market Garden. Just absolutely. And the reason why it was so difficult was it was totally unnecessary. So let's rewind to the Obama trade, Bull Bergdahl and the three first round draft picks. They get Marshall, they get MacArthur and they get Patton that end up the resurgence of the Taliban. These men not just go back to the enemy, they go back to the battlefield. They're in power when the government falls. You have misinformation coming from the White House that the president of Afghanistan is leaving with billions of dollars on his plane, which wasn't true. And then you leave the equipment, the cash. There's no recovery. We're getting reports of sales of American equipment left in Afghanistan in Southeast Asia. We're moving material across the globe. Our children will fight and pay and have to atone for these miscalculations. Let's talk about that. You being in the military and you knowing that area too, why did they just find it the easiest way out to just say, you know, just leave that billion dollar billions of dollars of equipment there and not think, again, if it was me and I'm speaking that someone that's never been in the military, but if it's me and I'm the president, I'm thinking, OK, I don't want to leave all our weaponry there. I don't want to lose any of my men. Number two. And number three, I want to make sure that everybody knows when and how we're getting out of there. And it just felt like poof. One day they said we're getting out of here. Well, it's because the military didn't make any of those decisions. I mean, look, Millie, it can criticize him. You can criticize Secretary of Defense worthy of criticism. However, none of these individuals are making decisions. This is about NGOs on the ground. This is about the State Department. So you've got Bagram Air Base, the equivalent of JFK. You've got Karzai International Airport, the equivalent of Teterboro. Right. Why would you ever do an exfil out of Karzai International Airport? It makes absolutely no sense. It's tactically unsound. But and then you've got all the ISIS -K. We retaliate from the murder of 13 of our bravest and we drop a bomb on a guy delivering water. He's on our payroll and we kill children on that. Then we take out Borat on a tuk tuk driving around like that wasn't even really what was happening. It's just a den of lies. And Tony Blinken and Jake Sullivan, all the heroes that brought us, you know, the Bergdahl deal, the Iran nuke deal. This is these. They the State Department is running all foreign policy, including what the DOD used to run. Well, that's I was going to say. I mean, I know Biden's the president, but do you blame him at all or is it everybody underneath him that, you know, maybe was giving him bad information? And again, some of these decisions, David, is Biden even involved in some of these decisions? Like, I don't even know anymore. Is he around? Is he paying attention to anything going on? Well, I mean, just from the press conferences, it was apparent he didn't know what was going on. And the great irony is that they actually were predicting that Ukraine was going to be invaded and, you know, no one believed them. So it's like you can't influence your friends. The allies don't trust you. The enemy doesn't respect you. You know, I mean, you've got Ben Rhodes is really proud of this State Department. Susan Rice loves what they're doing. But, you know, again, Americans died. And, you know, and what is the perfect culmination of the adventure in Afghanistan? Looking at your watch at Dover Air Base when bodies are coming home. I mean, nothing could you couldn't ask for a just it's it's a debacle. Yeah. And it's sad that that's that's the leader of our country there. Let's move in. You brought up the Ukraine there. So the Russia Ukraine conflict will get to Zelensky in a minute. He is as we speak in New York City right now. But so Trump's in office. We don't see many of these conflicts or any conflicts actually started under his watch. And then we have the Biden administration come in. And a year later, we have Russia invading Ukraine. Why did this happen and why? Why the timing of February of 2022? So let's go back to when we were fighting ISIS. Trump engaged and destroyed estimated some say 300 members of Wagner forces. But those were Russian nationals. We engaged. We destroyed them. What was the response from Putin? Nothing at all. So what do people in that section of the world, Eastern Europe, the Middle East, what do they respect? They respect power. They respect authority. You're not going to get any respect if you don't engage the enemy when they present themselves. I don't understand the calculus of again, I'm trying hard to figure it out. I don't get it. I don't. You know, Romania and Hungary and Poland, you're letting them unilaterally decide whether or not they want to send reinforcements into Ukraine. That's an act of war. If NATO members engage the enemy, all of NATO is engaged against the enemy. Poland doesn't unilaterally make that decision. Hungary and Romania don't unilaterally make that decision. We can't even articulate what the mission is. And if you look, go to the Institute for the Study of War, there's a plug for them. Check out their overlay from when the battle started, when the war started with Russia. And tell me what success this offensive in Ukraine has produced. I mean, let me ask this question, because I get confused. The answer is nothing. I asked this on Twitter, X, whatever it's called, all the time. What is the end game and how do we get there? Because all I see the answer is, hey, just blank checks. Hey, just write a check. Hey, here's a billion. Hey, here's 20 billion. Hey, here's another 10 billion. I don't actually see a look. I mean, like anything, right? If I write a business plan of what I want to do in 2024, my goal is X. I write down my steps to get X. I don't just write down X and say it's going to happen. I don't really know. And then the answer always is, well, we have to fight. We have to back Ukraine. Okay. But when does that end? Because the Afghanistan war and the war in Iraq lasted 20 years plus, right? And was there a real end to it? I don't know. That's where it gets frustrating for me, Dave, where I'm like, how do we know what the end game is? Do you win or lose? When does that happen? I don't know. I don't know. At least you're thinking about it. And I have fear that our leaders aren't, and that's the problem. So here's what this comes out. You're going to get a negotiated settlement out of Ukraine, right? But you talked about the billions of dollars that we're spending and giving to Ukraine as a blank check. First of all, Zelensky visited Ukrainian soldiers in the United States. Did you know that there were wounded Ukrainian soldiers in the United States? I did not know that. Well, today he visited them. So what's happening there? So that's a cost that no one is putting on the ledger. So now let's look at the blank check that Ukraine is getting. And by the way, I'm pro Ukraine. I want to fight communists all day and night. So let's punch Putin hard in the face. However, you're giving them a blank check and you're giving them munitions. Now here's the problem. We have to replace those munitions. Those munitions were purchased for 20 year global war and terror. And let's be honest, inflation is involved. So what you purchased for $10 is now $17. So you're not just giving them the money. You're giving them the equipment and the munitions that you have to replace yourself at the value of what is valued today. We haven't scratched the surface for the amount of money. CBO absent at the wheel. No one is tracking this. 2024 can't get here fast enough. How does this work, though, when you talk about some of these NATO nations coming together and making decisions, but us not just giving weaponry, giving everything money, whatever we're giving there? Is that not an act of war, too, though, David, at some point? We're continuing to fund Ukraine continuing the war in Ukraine. I mean, that to me seems like we're backing a war. Well, I mean, by the letter of the law and NATO charter, it's not. But here's the problem. It's schizophrenic because we were told that what was an offensive weapon was going to mitigate, you know, that wasn't going to help peace at all. So we went from, I don't know if they should get tracked vehicles to I'm not sure an artillery piece is what they need to high Mars rockets being launched. And let's be honest. I mean, the Ukrainians are I mean, the payload that they're going through, what you would have to have cataclysmic casualty numbers to be able to to the spandex that they're doing on the ground that they need to replace Patriot. If you're going through thirty five Patriot to, you know, missiles, I would expect to at least the C 20 makes that are shot down. They're using them for air artillery. They're using there for indirect fire. I don't know what they're doing, but this is going to end with Don Boss going to Russia. This is going to end with that land chain that Putin wanted through Crimea. And again, our friends in NATO, what are they even doing for Ukraine? What? Look, if you they said that Trump wanted to kill NATO, Biden did it. Right. Biden did it. And now Germany. And so Putin was selling oil at thirty dollars a barrel. What's it at ninety six? Yeah. He's making more money than he did before. And he's financing a war and killing innocent people. You mentioned before, too, and I think this is a good point. Everybody on the left and I'll say the media, the establishment, whoever you want to say, says that if you don't agree with the war in Ukraine, you're like pro Putin. Right. And that's just the most outrageous thing in the world, because I agree with you. I feel for the people of Ukraine. I don't want this for them. I don't want this for innocent people. However, at some point, the world's every every one of the world's problems can't be America's problem when we have a border crisis. And then I think they said yesterday ten thousand people came across. They got, I think, eight thousand of the ten thousand. But you see the numbers day over day. It's a problem. We have crime that's rampant. We have overdoses that are at record numbers. We have we have suicides at record numbers. At some point, we have to maybe just think about ourselves and not everybody else, because if we fall, sadly, I think the world falls at that point. Amen. The thing that I would add is I love the way the Ukraine refugee has been crowbarred into the migrant crisis in the United States. New York leaders from the city to all over Kathy Hochul, the governor of the state of New York, mentioning that, you know, like the Ukrainians in Poland, the the Polish have no intention to keep Ukrainians forever. That's a temporary you know, they're leaving a conflict to return to their country after the conflict is over. Again, this is just we're we're putting a round peg into a square hole and just hammering it away. But but there's no the media. There's you're our destroying military. I go to parents all the time around this country and ask them to give us their sons and daughters to join the military. And the one thing they bring up is Afghanistan. It's not about anything. It's Afghanistan. How are you going to assure us that you're going to maintain your commitment to our son and daughter when you betrayed us in Afghanistan that has lasting effects? And there's not a I'm trying to find a segment of our of our of our nation that's functioning. I don't know what it is. I saw in Chicago, they're going to have municipally owned grocery stores. Maybe that will figure it out there. Yeah, yeah, it's good. Real quick, do you think and we'll finish up on this topic, but do you think that they will we will ever have boots in the ground on Ukraine? I mean, I hope not, because I just don't know what the I mean, look at I'm I'm we're getting ready for China. We're trying to revolutionize everything. I don't know what the what the plan is. I mean, again, if you want to put a base in Ukraine, and you want to make that a sustainment operation going forward, that I here's the point. I don't understand what the inactive ready reserve call up was for. Why are you bringing those troops in the non combat support? Why are they going to Ukraine? What are you building infrastructure there? Here's what I do know. We're talking a minimum of $11 trillion to build Ukraine back. That is cataclysmic amounts of money. There isn't water, electricity, internet, you know, you want to help Ukraine. You're going to Russia is not paying for that if you negotiate a settlement. So I don't know what the plan is. But I hope we never see boots on the ground. I could guess what the plan is. I won't I won't say for sure. But I could guess that we'll be paying a chunk of that. And I do have one last one. So I did interview Colonel Douglas McGregor a few months back. And he talked about he's a real optimist. But he is really very, very bullish on Ukraine. Yes, very, very optimistic. I'm dropping some all over the place. But he brought up some staggering numbers, though. And even if they're half true, it's a problem. The amount of casualties and wounded soldiers on the Ukrainian side that we're not hearing about the media. I don't know if you agree with some of those numbers or not. But he's saying, I mean, it's people are acting as if this is an even war right now. And it's not even close. First of all, McGregor's a stud. I mean, he's an absolute, you know, that we're glad he's on our side. He's a military mind. I don't know if those numbers are accurate. I could tell you they're juxtaposed to almost everything we're hearing from every institution that we have, including a lot of our intel from Germany and England. But again, I don't know what to believe. So when you don't have when you don't have transparency, when you're not holding regular press conferences, when your Pentagon spokesman is now working in the White House and now you're getting a triple spin. I mean, the U .S. Open double backspin. You've gotten so many spins on the narrative. I don't know what to believe. But if he is even close to what is a segment of truth, you know, then look, Ukraine needs an investigation. There's a lot of investigations. We've got to start on Afghanistan. We were promised that by Speaker McCarthy. We need a hot wash on Afghanistan. And then we need to go to what who is oversighting the money that's going to Ukraine. And what have we got for our return on investment? Yeah, I'm not asking for much. Really, all I'm asking for in this conflict is can we just talk about what the end game is? And to your point, can we get an accounting of where the money's going and what's being spent in a real accounting of it? The Iran deal that just happened last week. First off, the fact that that was negotiated and completed on 11th September to me is just the ultimate slap in the face. But you again, you know more about this than I do. We do a five for five trade. OK, I'm going to use sports analogies. We trade five for five. And then we also approved of six billion dollars that apparently wasn't ours, but it was in a fund that now they can release to Iran. How are we winning on that one? Well, first of all, I was hoping that at least it was a digital transfer. The fact that it went as euros in cash through Qatar. And OK, so what happens the 24 hours after that deal is made? We're now getting issues in the West Bank. We're now hearing about issues in Yemen. We've now got Hezbollah that's reinforced. I mean, look, what do you think they're doing with cash? Right. What deal do you make where someone says, I'll bring a box of money to you? What do you it's this is a state sponsor of terrorism. They haven't changed. By the way, their president is now in New York City addressing the United Nations. This guy's killed 6500 of his own people. He admits to it. He killed the students that revolted and wanted democracy when we did nothing. He killed 5000 of his citizens in 1988. He's killed over 300 Americans. There's no accountability whatsoever. I don't understand what it is about Jake Sullivan and Tony Blinken that believe that Iran is a partner. All you've done 10 years ago, they were refining 10 percent of their oil. And now they're a force. Now they're working with Maduro in Venezuela, and they're a huge part of their members of of the international community. They're in good standing there. I don't get it. Does anyone believe that the Iran nuke deal? Look, we got hit with cruise missiles under Trump in Iraq. How did they have those cruise missiles? Those cruise missiles were illegal under the Obama nuke deal. So how are you refurbishing missiles in two years? Do we believe that their centrifuges have stopped? That they won't have a program if they don't have one already? No, I mean, I guess my question, David, is how I mean, I know that you pay a lot of attention to this stuff, but how do people like in the media not ask these questions? Right. I mean, these are legitimate. I mean, we just traded to I put this on my notes here. This is on the heels of trading a WNBA basketball player for the Merchant of Death like six months ago. Right. I mean, and again, I'm glad Americans are coming back to America. I don't want to sound pessimistic on that. That's great news. But we also I mean, this this stuff just seems like I don't care what side of the aisle you're on. It warrants questions, but nobody seems to care. I'm in the world that if you take hostages, we take hostages. You want to exchange people? We'll exchange people. You know, we definitely have the partners in the area to do that. For whatever reason, this administration, they're they're they're contrarians. They're contrarians to you know, they claim Bush and Cheney are their best friends, yet they just go 180 degrees from that doctrine. I don't know what the Biden doctrine is. I don't know what Bidenonomics is either, but I could tell you that they believe that Iran is a partner. Now, here's another thing. Our envoy to Iran not only is no longer the envoy, he doesn't have a security clearance. Does anyone curious at The New York Times as to what happened to the lead negotiator in Iran that is escorted off a bus, taken into American custody, given a job at Yale or Princeton or wherever he's working now? I've never heard of a person going from top secret classified negotiations to no clearance whatsoever and in the custody of American intelligence community. No one cares. No one cares at all. It's fascinating. And again, for me, I mean, these are big decisions that we're making. And correct me if I'm wrong, but it used to be, you know, maybe we did a two for five deal and then we made the six billion. Now we're like, we're giving stuff away and we're on the losing end. Correct me if I'm wrong, but America was never, you know, America losing. It was always America winning, right? America getting the best of deals. At least McDonald's has a five for five. We didn't even get that. You know what this does though? Honest to God, if you're thinking about traveling overseas, things go sideways, cartel, South America, Mexico, wherever you're going, you have a price in your head now. No one in their right mind is going to bring you back whether it's Haiti or wherever you are, you're worth $1 .25 billion. And thugs and scumbags are going to take advantage of that. I mean, that's a great point too. Do you think about leaving the country? I don't know anymore. That's a little bit concerning. I don't care where you're going, right? That's concerning. This one I just had to bring up because it happened two days ago or yesterday. How do we lose a plane? And I heard that's like a third one in the last six weeks that something like this has happened. How are we losing $80 million planes? Well, they're not $80 million anymore because they've got a new engine and all this other stuff. Look, the F -35 program is a complete disaster. You want to talk about why our allies think we're crazy. We sold them a plane. This program has been around since the early 90s and we've got nothing on return for it. So basically two planes are flying in a buddy team. They're doing training and a guy punches out. We don't even know why he punched out, but that plane could have easily hit a building. It didn't, thank God. But the wingman didn't follow where his buddy went. So what is he doing? He just kind of went on and did his own thing. And now the Marine Corps put a Facebook post like a dog is missing. We're expecting the Ukrainian farmers to carry the F -35 out with their tractors. I don't know what the point of it's wild. Look, stop embarrassing us. Just stop humiliating us. That's all I'm asking. Just be the army and the Marine Corps that we know our men and women are capable of being. Get out of their way. This gender garbage, this social experiment nonsense, stop humiliating our military. That's all I ask. Why can we not get the... I mean, I know why we can't get the answer, but I'm asking this to you. But why can't we, at a press conference at the White House, why can't we say, I want to talk to the guy that was in the other plane, or you can tell us the transcript of what happened when that happened. Talk to the guy who jumped out of the plane. Why did you do that? And again, I'm not trying to put our military on the spot, but these are kind of big questions to ask, right? I mean, if I do something in my business, I have to go face the music on that. Why doesn't everybody have to face music for their decisions or why things are happening? I think it's kind of important. Well, you don't want to talk to generals because they're going to tell you the truth and they won't be generals anymore. True. And you don't want to talk to enlisted people. Because look, I mean, let's be honest. How many people are... Is this a merit -based military anymore? Do we have a meritocracy? Are we promoting people based on pronouns? Go figure. When we're putting politics above military strength, accidents happen. We don't know the facts, but the fact that nobody cares about getting to the bottom of it, the day of the Pentagon paper reporters are gone. Yep. Yep. Let's just talk about the 2024 race quick, and then we will wrap up for today. So your thoughts on the Republican primary so far, I'll stay away from the Democratic side till the very end, but your thoughts on, you know, there's obviously Trump who is now in a, has a huge lead. Ron DeSantis seems to be crumbling underneath himself. Vivek Ramaswamy has jumped up in the polls. Nikki Haley's there. Tim Scott's there. A few others that probably aren't going to get a lot of votes. Chris Christie's the anti -Trump candidate. Mike Pence is, I don't know what Mike Pence is. I'm not really sure. Your thoughts about the whole field so far? I mean, look, it's impressive. They've got a deep bench. There's a lot of diversity. I, you know, none of it matters. Trump is the guy. The more you indict him, the more you empower him. You know, I'd like him to work on his communications a little bit better. You know, but if Trump is Trump, Trump is a Frankenstein monster of Barack Obama. As long as you have that faction, you're going to get, you know, Trump is going to be empowered. I just don't want to see Governor Noem anywhere near the White House. And I, if he's going to pick a running mate, you know, it's hard to find an ally here, you know. But it would be nice to find a governor. I don't want to take anyone from the Senate. I don't want to take anyone from the House with the margins that tight. But I mean, the idea that Governor Noem is being floated right now. I mean, I'd rather take North Dakota. Yeah. A little sled there. You know, it's funny you mentioned that because I saw a lot of that this weekend. I mean, can we just, for lack of a better term, keep it in our pants for about a year and then do what you got to do? It really is. I mean, every time you turn, somebody's doing something idiotic, whether it's Boebert. And again, I say this, David, a lot of people know who you are. A lot more know who you are than they'll ever know who I am. But when you go out in public into a movie theater like that, and I'm going to Boebert, not Noem for a second, you're, you're extremely well known. I don't care if it's dark or if it's as light as it is in the studio right now. What are you thinking? I, you know, she's, she's, she's an embarrassment. She is. She's bad, too. Who would have thought that Marjorie Taylor Greene would have been the, the oasis of the Maryland? I mean, seriously, I, again, you're, you're in Congress every day. You're out in public, you're on the job. You know, at least she wasn't wearing a hoodie, you know, that's all in shorts. She was at least dressed for the occasion, but I, it was, it's wildly embarrassing. Vaping, singing, whatever you're doing. Getting groped. Yes. Who is your VP candidate then? Because I think, you know, you have names thrown around. There's, there's, the vague has been thrown around in there. You know, Byron Donald's has been thrown around in there. Carrie Lake has. I don't know. I love Carrie Lake. I just don't know that Trump needs to go with somebody so divisive there. I think he's got to go with somebody that's, that's firm in their beliefs, but also not maybe going to turn off half the country. Well, you know, it's, it's impossible. One of the, one of the problems with making Trump, you know, the, the enemy of the state that the left has done is that you've really made it difficult for him to even put a cabinet together. You know, I mean, what are you going to do with it? You've got a lot of loyalists out there. You know, the vague is, is I think maybe the most intelligent dynamic candidate we've ever seen run for president, but experience does matter. But you know, I love the way he thinks. I love the movement. I don't know if he would even take the job to be honest with it. I don't think he needs it. But you look at a Tim Scott, I think Tim Scott is, you know, there's a whole lot to his message and I think he's, he's got the experience in the Senate, but honestly, you could literally take the Clint Eastwood chair and, and throw it in there as vice president. I'm going with that because this, this from top to bottom, we have to have seismic change in 24. Do you think he would ever choose Kristi Noem at this point with all that now? Yeah, no one knew Mike Pence was a, was a 24 hour story and then he was the vice president candidate. So who knows? I mean, a lot can happen between now and then, but I just, I don't need, you know, let's just pick people on their merit. Let's pick people that are ready to be the president. Imagine this, imagine picking a vice president that can lead the country. If something happens to a 75 year old president, you know, like Kamala Harris. Yeah. Someone like that.
Monitor Show 23:00 09-06-2023 23:00
"Interactive brokers, clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances rate subject to change. Visit IBKR dot com slash interest rates to learn more Friday at 6 p .m. Eastern right here on Bloomberg Radio. And that does it for this episode of Bloomberg Best. I'm Justin Milliner. Stay with us. Today's top stories and global business headlines are coming up right now. Broadcasting 24 hours a day at Bloomberg dot com and the Bloomberg Business Act. This is Bloomberg Radio. A heatwave is expected to bring 100 degree temperatures to tens of millions of Americans this week. The eastern and central U .S. were sizzled over the holiday weekend, with some cities seeing record highs. It was in the 90s Tuesday in places like Philadelphia, Washington, D .C., New York City and Chicago. The Biden administration says North Korea will pay a price if it provides weapons to Russia for its ongoing war in Ukraine. We will continue to call on North Korea to abide by its public commitments, not to supply weapons to Russia that will end up killing Ukrainians. National Security Adviser Jake Sullivan told reporters today discussions between the two countries are actively advancing. He said Russia's defense minister recently made a trip to North Korea to ask for weapons. A Georgia judge says the state can resume its ban on health care for transgender youth. Senate Bill 140 initially took effect July 1st, but Judge Sarah Garrity put the bill on hold, saying transgender children faced imminent risks from the health care ban. On Tuesday, Judge Garrity announced keeping the injunction in place is no longer possible due to a ruling that allowed a similar ban in Alabama to take effect. California U .S. Representative Josh Harder is introduced to the bill.
Biden arrives in Japan and meets with prime minister ahead of G7 - CNN
"President Biden meets with the Japanese prime minister ahead of the G 7 summit. President Biden greeted troops a Japanese officials at a hangar at a Marine Corps air base near Hiroshima before heading to a meeting with Japanese prime minister fumio kushida. The bottom line, mister prime minister is that on our country's stand together, we stand stronger. White House national security adviser Jake Sullivan says the two leaders have a lot to talk about ahead of the larger group of 7 summit. The military dimension of the alliance, the economic dimension of the recently concluded agreement on clean energy, the work we're doing together in economic security,
Biden off to Japan for Group of Seven summit, says there's 'work to do' on global stage
"President Biden will head home earlier than planned from an overseas trip to deal with the debt crisis. For weeks, The White House and since did he could manage both the Capitol Hill talks and foreign commitments while abroad. The president could be president anywhere. That was just yesterday. Hours before the administration announced the president would scrap the last two legs of his trip. The president wanted to come back, come back a little bit early. Spokeswoman karine Jean Pierre faced multiple questions aboard Air Force One about why, given that it meant putting off visits to Australia and Papua New Guinea. National security adviser Jake Sullivan says that work is important. But can wait. Default can't be postponed, but the trip can be postponed. Sullivan's rejecting claims the change will do diplomatic damage or give China leverage. Sagar Meghani, Washington.
Intruder Sneaks Into White House Adviser Jake Sullivan's Home
"Your worst day is a Secret Service agent a small detail is when to protect he comes up and knocks on the car window with three in the morning That means something went really bad So apparently Jake Sullivan comes walking out at 3 a.m. and knocks on the window and says hey mister Secret Service guy There's a dude in my kitchen or whatever In my house Now you think your day is bad when he's knocking on the window because you're like what the hell is Jake Sullivan knocking on the window at 3 a.m. It got even worse when you're the one on the protection assignment And the knock on the window happens and you hear There's a dude in my living room in my kitchen Now apparently from the story I read at Fox and I read it The Washington Post too Here's a guy who wasn't a threat He was maybe a little in talks you know had a few adult sodas If you know what I mean walked in an open door in the wrong house whatever it may be It doesn't matter That's still a colossal screw up
US to send nuclear ballistic submarines to Korean Peninsula
"The U.S. is set to give South Korea a conspicuous show of support, amid growing concern over North Korea's nuclear threats. Senior administration officials say the U.S. will dock nuclear armed submarines in South Korea for the first time in more than 40 years. It's part of an agreement President Biden will sign during today's state visit with South Korean counterpart Yun sook yule. President Biden and president yoon will announce major deliverables on extended deterrence, White House national security adviser Jake Sullivan earlier this week. The planned dock visits are part of what's being called the Washington declaration, aimed at both easing South Korean fears over the north's aggressive nuclear weapons program and urging soul not to restart its own program. Sagar Meghani, Washington.
Former Obama Staffer Witnesses Crime on Pivotal Flight
"Listen, you blew me away when I first heard you on the American adversaries because you obviously had evidence and I want people to hear this and make sure that you share where people can go and find your stuff on substack here, Mike, but you are an ex Obama staffer. You are a former White House staffer. You worked for a few presidents and you worked as a stenographer, but the reason you're on here is because you went on to Fox News and you and you said you were on the flight to I believe it was Kyiv on April 21st of 2014 and you literally saw our witness a crime take place that maybe you didn't realize was a crime at the time. Talk to us about that mic. Yes, exactly, Carl. And you know what? There's a little errors actually a little bit of breaking news. I just found out about this this afternoon, the story just came out. This evening in the New York Post by Stephen Nelson. So I've worked with Steven Nelson on this story. He wrote a story about two weeks ago and he got put in the New York Post and then went to Fox. Today, Steven was at The White House briefing room and Jake Sullivan walked out to do a briefing. I guess briefing and Steve he called on Steven, Steven said, he asked me a question about The White House stenographer me that said, you know, you were on this flight and were you involved with Joe Biden? And he had a
US facilitating land evacuation of private citizens in Sudan
"Two days after a military evacuation of its embassy in Sudan, the U.S. has started helping private American citizens who want to leave the country. This morning, Secretary of State Anthony blinken said it's hard to know exactly how many Americans are in Sudan and how many would want to stay. I would say some dozens have expressed an interest in leaving hours later here at The White House. American citizens have begun arriving in port Sudan and we are helping to facilitate their onward travel. National security adviser Jake Sullivan said they're traveling in convoys from cartoon, while there are no American troops on the ground Sullivan says there are intelligence surveillance and reconnaissance assets in the sky over the land evacuation route to provide Overwatch. Sagar Meghani at The White House.
China Takes Center Stage
"Latest in the war. French and Chinese leaders meet amid tensions, okay? So Macron has gone to Beijing. You know this is playing the center stage role here. General secretary Xi Jinping, because nobody wants to meet with Biden because the president is in firm. Saudi Iranian foreign ministers agreed to resume flights after Beijing meeting. Oh, great. What meaning is that? The one that's not being reported on because of this idiocy in Manhattan. Iran and Saudi foreign ministers meet in China. They've had a restore security and stability. I'm just a UAE, our strongest ally along with Israel in the Middle East. The United Arab Emirates, meeting with Iran. This is what happens with an infant president. It's your allies say how we can't count on this guy. We can't come on this team. Tony blinken and Jake Sullivan, nah, and they begin to make deals with the enemy. And Beijing emerges.
Why the RESTRICT Act Is a Dangerous Patriot Act for the Internet
"I'm continuing my discussion of TikTok. The Chinese run app, very popular in America, very popular in other places in the world, popular also in China, although restricted in China, and there's an attempt to restrict or block TikTok in the United States. This is the so called restrict act. And the restrict act is being promoted as the remedy for TikTok, the bill, by the way, sponsored in the Senate by Mark Warner and John Boone. So this is really the establishment wings of both the Republican and the Democratic Party. And when you look at this restrict act, it sends a chill down your spine. Why? Because it's a remedy that is far worse than the disease. You might think that this is a bill to ban TikTok. And in fact, Josh hawley, I think thought it was exactly that. Josh hawley has been crusading for banning TikTok, and then it seems he finally read the restrict act and he goes, I'm not quoting him. The problem with the restrict act is it doesn't bang TikTok. It gives the president a whole bunch of new authority and it does nothing to stop the CCP just ban TikTok. So seemingly haul he's saying I would prefer a different law that is narrowly tailored to TikTok. But I want to focus on this restrict act because of how creepy it really is. It is an act that defers an enormous amount of authority to the executive branch and think of how little we can trust the executive branch. We're talking here about Joe Biden himself, and we're talking about his natural security adviser, Jake Sullivan, and we're talking about his secretary of commerce. So this is basically a baleful, untrustworthy crew. And what are they given the authority to do? It turns out they're given the authority to make a kind of national security assessment of, you guessed it all of social media.
GOP lawmakers assail Biden for not sending F-16s to Ukraine
"Some U.S. lawmakers are pushing the Biden administration to supply Ukraine with a fighter jets. It's asking for. While the CIA chief says Russia is overly confident. Not everyone in Congress supports more military aid for Ukraine, but Alaska senator Dan Sullivan says they need F-16 fighter jets and the Biden administration should do it now. They have slow rolled critical military weapon systems. He spoke on NBC's meet the press. So did White House national security adviser Jake Sullivan defending the stance on the fighter jets. This phase is about ground combat and being able to have the tools in the hands of the Ukrainians. CIA director William Byrne says that he thinks Russia is underestimating the U.S. resolve and that its president Vladimir Putin will be facing pressure at home with the cost of the war in dollars and lives. I'm Jackie Quinn.
Two Steps Forward, Three Steps Back
"Now, let me state now the second part of the argument, it's always the same with this White House. Two steps forward, three steps back. They do the best thing in the presidency and they announced, by the way, we're sending a half billion more and none of it is advanced weaponry. Don't worry, not it's like Jake Sullivan is walking back the impact of the president's trip even as it's happening. Yeah, I didn't see the latest they've been by Jake Sullivan. Well, I'm not sure if Jake. It's an unnamed, but Jake is with him. Jake Sullivan, the national security adviser is with him. So I assume it's him. Yeah, I mean, sometimes you see that there's a reticence from this White House. In fact, I was surprised that Biden, like I said, did not spend more time in his State of the Union talking about the high stakes in Ukraine winning the war against Russia. But look, there are political considerations. There are divisions within the Republican Party, the divisions of the Democratic Party to a lesser extent about how much time, how much money, what types of weapons we should spend. So they're very sensitive to the domestic politics, usually they come around, usually they've been continuing to give the support that you bet Ukraine needs, the weapons that they need. But sometimes it takes a little while and sometimes they're trying to kind of get across their teeth, not their eyes and make sure they got the politics straight. Yeah,
Darren Beattie: How the U.S. Planned for Nord Stream Pipeline Bombing
"Joe Biden kind of intimated as much He said you know one way or another Nord stream two is not going to not going to be around anymore if Putin continues this Victoria Nuland whom I mentioned there is a key figure in all kinds of operations in Europe She was involved in the Euro maidan color revolution And so forth She intimated as much as well And then sure enough this thing blows up And up until then I think most thinking people understand it's the U.S. either directly or indirectly But then enter Seymour hersh this Pulitzer Prize winning journalist who has a history of reporting stories that are embarrassing to the U.S. government Going all the way back to Vietnam And he publishes this highly detailed story that purports to give a direct operational account of what actually happened And it's more explosive than even I would have imagined because it says it wasn't just it wasn't just proxy This was the U.S. Navy doing it And furthermore the planning began before the invasion even took place And that U.S. Navy divers were recruited to plant explosives on the pipeline under the guise of some routine military exercise near the Baltics And that this comes directly goes all the way to the top to the Biden White House to blinken to Jake Sullivan and to Victoria Nuland and they were very much aware of the sensitivities at issue because this is very clearly an act of war an attack on another country's piece of infrastructure like that
Rich Grenell: Who Coordinated the Shooting of the Spy Balloon?
"And how about commercial jets and military jets There's thousands of them up there any given time During the course of a day or a week or people just looking in the sky like they did a Montana everybody missed them every single person missed them Makes no sense It doesn't make any sense And look I'm now hearing from so many people within government who are formally Intel official some who are currently in television There's a lot of finger pointing going on here Let's also remember one thing Mark Joe Biden said that he told the military to shoot it down on Wednesday And it didn't get shot down until Saturday What went wrong there How could that be Did they not get the message to Jake Sullivan not carry the message until Saturday Did they just decide on their own that they were going to do a different time was Biden really in charge with somebody else kind of coming up with some compromise directive I mean look a Congress we work very hard to put conservatives in Congress Now that they're there on the house side they got to get to work They got to get immediately to the bottom of the penis should be flying This is a national security issue
"jake sullivan" Discussed on Bloomberg Radio New York
"Pushes for some partnership work, Ed Baxter with more from the Bloomberg newsroom at San Francisco, Eddie. Yeah, and the push is coming up from the United States for sure. The deals will include advanced defense and computing tech. This is the Biden administration is seeking to move New Delhi away from Russia and to hurry up efforts to counter China's advances as well. The plan will be known as the U.S. India initiative on critical and emerging technologies. A U.S. national security adviser Jake Sullivan says today that Beijing's aggressive military moves at economic practices have had a profound impact on the thinking in Delhi and that other capitals around the world are following along. He says that China, Russia factors are real. U.S. president Joe Biden says the U.S. has no plans to send F-16 warplanes to Ukraine, Bloomberg's Anne Marie horde says the U.S. is not alone in this. It's not just the U.S. that is saying no on fighter jets. It's the United Kingdom and it's Germany, but Ukraine has been pushing for them with the deputy foreign minister taking to Twitter saying without these fighter jets, we can not secure our skies. And Anne Marie says if history is a teacher, this is not the final answer. The no has turned to yes on a number of occasions, witnessed the Abram tanks issue, and Eurasia group founder and president Ian bremmer says attitudes may change as of one year anniversary of the Russian invasion. And he says, taking those tanks. As the Ukrainians have been effective on the ground and as the Russians have escalated, perhaps less than some have feared, there's just been incrementally greater willingness to support Ukraine. Yeah, bremer says more aid, more success breeds more aid. U.S. government accountability office says U.S. warships are saying fewer days at sea since 2011. It says more are breaking down more frequently than expected and taking longer to fix. It says this is of concern as a Pentagon struggles to catch up with China's larger naval fleet of specific concern, of course, is in the indo Pacific region. U.S. president Joe Biden is in New York today. His rail week tour continues. He has formally announcing a $292 million in grants to improve the long awaited Hudson tunnel project. The problem anywhere along the line means delays up and down these coasts for folks trying to get to work. Business is trying to ship goods, travel is trying to get to see their families. Now Biden says he will improve reliability for 200,000 weekday passengers traveling to and from Manhattan on Amtrak and New Jersey transit. U.S. Secretary of State Antony Blinken has visited the West Bank for discussions with Palestinian president Mahmoud Abbas, blinken says the rising tensions in the area have to be cooled off, and then the United States is committed to working toward our enduring goal of ensuring that Palestinians and Israelis enjoy equal measures of freedom, security, opportunity, justice, and dignity. And blanket and repeating that the two state arrangement is best for the Middle East going forward and Senate minority leader Mitch McConnell is backing the Senate intelligence committee's request for Department of Justice information on classified documents found outside of The White House. But
"jake sullivan" Discussed on Bloomberg Radio New York
"Remains sort of more of a there are lots of folks who are worried about supply chain disruptions again and that certainly possible, although I think we're not going to see a repeat of what we saw earlier in the COVID era. Particularly because local governments will take steps to try to avoid large scale lockdowns. However, we can't rule them out altogether as you mentioned at the top of the hour. There's potential for up to a million deaths. We hope very much that that those are wildly overestimates, but there is the possibility out there. And deaths do search local governments will have to take steps. People will be afraid to come out of their houses. So supply chain disruption certainly are not out of the question over the next three months. Mary, moving to another issue that's of great importance to China and to China's U.S. relations. Semiconductors because there's a lot of talk about whether there's an economic Cold War going on and we're going to have it around. But boy, as I look at it in semiconductors, there really is sort of a Cold War, isn't there? Well, the U.S. is certainly gotten more aggressive in its stance. As we know, Jake Sullivan, the U.S. national security adviser, has said not that we want to just stay a generation ahead, but we want to basically make sure they can't progress from where they are. And that has led to not only sanctions on chips, but also on equipment that produces chips, how much of an impact it will have on China is not really known. It clearly will impede their ability to move to the frontier, but a lot of what they use for civilian and military uses is in fact not frontier chips. So there are many people who question how big an impact this will have. On Chinese military modernization as well as its economy. It is clearly seen as an escalation. However, with president Xi and President Biden meeting in Bali with secretary blinken, heading to Beijing, we may see the U.S. and China agreeing on a, you know, this is where we're going to be for a while. There's no benefit really for the Chinese and escalating here. So we may not see an escalation from this. Well, I'm very curious about that specific point. I was going to ask about the mini between president Xi and President Biden leading up to that there was a lot of talk about setting out red lines for both sides, which you can't go over. Semiconductors even on the table for negotiation at this point, given the positions of the two countries. Just from the U.S. side, I would say no, the U.S. has made its decision. It is following through. It is pushing its allies to join those efforts are ongoing. So I don't think this is a negotiable point on the U.S. side. There's still a lot of other areas where they can cooperate and some of those are economic. We could potentially still see some revisions to the Trump era trade war tariffs. There's other ways in which we can cooperate. One good sign is that we're beginning to see delegations of scholars and business people coming back to the United States. Not immediately, but over the next 6 months, we may see U.S. scholars and business people going back to China. So there is a possibility here that we will reach some kind of a new normal. Not immediately, but say over the next 6 to 12 months. Okay, Mary, that was very helpful. As it always is, thank you. That's very lovely. Senior fellow at the Peterson institute for international economics
"jake sullivan" Discussed on Bloomberg Radio New York
"Charlie, thank you. The Pentagon is treading very carefully around this story from Poland today as The Associated Press reports to Russian missiles crossed the Ukrainian border into Poland killing two people. Pentagon spokesman Brigadier general pat Ryder. So as I mentioned right now, we are aware of the press reporting on this. We have no information at this time to corroborate those reports, but again are taking them seriously and looking into them. And so I will make sure that we provide you with any updates as soon as we have them. And we've been waiting. The news prompted though an emergency meeting of leaders in Poland with Warsaw now considering invoking article four of the NATO treaty, which brings consultation with allies to raise concerns about national security, a step away, of course, from a possible article 5 response, which is what everyone today has been asking about. When it comes to our security commitments and article 5, we've been crystal clear that we will defend every inch of NATO territory. That's a Brigadier general pat rider once again, echoing the words of the president, right? President Biden just a couple of months ago. Attack on one is an attack on all and we will defend every inch of NATO territory. Or the Secretary of Defense, Lloyd Austin. Miss President Biden made clear, we will defend every inch of NATO territory if required. Every inch. We're making good on that on that promise. Every inch, but what if it was an accident? What if NATO decides it's more dangerous to respond militarily? What if Poland doesn't ask for help? We are facing some big questions tonight, and that's why we're lucky to have former Secretary of Defense Mark Esper back with us on sound on, author of the book sacred oath, mister secretary, welcome back. We understand that President Biden has spoken with president duda. We also know national security adviser Jake Sullivan has gotten on the phone with the chief of Poland's national security bureau, bring us behind the scenes into what's happening right now. Well, Joe, first of all, great to be with you on this important day. So I think behind the scenes, the Secretary of Defense is having conversations with his counterpart as well. I think the critical thing is to understand what the polls know and what they don't know. Based on the forensics on the ground as they look at the wreckage of the missiles to compare radar tracks, if you will to try and figure out the point of origination. And then to kind of get their head with regard to where the government is thinking what the government is thinking as we weigh out responses. My suspicion is that this was an accidental firing caused by either poor targeting or a malfunction by one of the Russian missiles. But we need to go through a deliberate process investigated out and come to the facts before we draw any conclusions. If we do conclude that it was an accident. Does that mean no military response or is it not that easy? Well, look, accidents happen. United States has created accidents in the past if you recall the shooting down of an Iranian jetliner decades ago by U.S. Navy ship and there have been other actions in the past. I don't see it as a reason to go to war, but it's certainly a reason for us to demand a full explanation from the Russians to demand some type of actions that they plan to take to make sure this doesn't happen again and to continue to warn them that we will defend NATO territory from attack. Should the president be saying every inch that line that we've heard repeatedly, he's even said, you know, whether it's on purpose or not, or have we gone too far to draw that red line without allowing for some flexibility over a potential screw up like this one. Well, I think it's important to be resolute. You're sending a message to at least two audiences. One Russia and number two, the allies. You're going to reassure the frontline states, the Baltics, Poland, et cetera, that we will be there to defend them. But you have to balance that out with a message to all the players and the American people that we need to get to the bottom of this first. And we need to sort out whether it was an accident or intentional. And intentionality makes a big difference here, particularly when you're talking about possibly escalating the conflict and injecting NATO into it. When you read, actually read the article 5, it refers to action as deemed necessary, mister secretary, including the use of armed force to restore security, implying that that's an option, one of potentially several options that the allies have to do this, even if it was on purpose, that does not guarantee a military response, right? No, that's right. A lot of people misread article to 5 to believe that it's just an automatic reaction military response. And frankly, what it means is that the decision has to go back to national capitals for decision first. And then consultation among the allies within NATO. So it's not automatic and they can consider a full range of responses. And I believe that this was an accident that appropriate response would be a diplomatic one. But on the other hand, we should consider what additional actions we should take NATO should
"jake sullivan" Discussed on Bloomberg Radio New York
"And ahead of the G 20, the leaders of Japan, South Korea and the U.S. have met regarding the increasing threat of North Korea and Baxter's got more. It. Yeah, exactly right, Paul, fumio, Keisha, UNICEF, you all in Joe Biden talked about Kim Jong-un with kisha saying the three expect North Korean provocations to continue and escalate. NSA director Jake Sullivan says to reassure you and Keisha. I'm sorry, here we go. We have very little misunderstanding. We just got to figure out where the red lines are and what are the most important things to each of us. Now, they also talk to other issues like supply chain, and of course China, which is what will happen in Bali today, Bali time when Biden sits down with China's president Xi Jinping for the first face to face during his presidency. Because again, the sticking point is the verbiage on Russia's war in Ukraine. Sergei Lavrov, who is here representing Vladimir Putin. He's the foreign minister. He puts the blame on the United States and its allies for the strongly insistence on strongly used language condemning the war. Now that is Bloomberg's Stephen engel saying there may be no joint communique. There wasn't one out of Ozzy on and that's something that G 7 has been pushing at four G 20. And so it may not happen this time around. Australian prime minister Anthony albanese has become the first Australian p.m. in three years to speak face to face to Chinese leader. This after premier lei kuchen saw him out at Ozzy on in Cambodia. So the U.S. midterm election Nevada has been called for Democrat Catherine Cortez masto, which, in turn, ensures a democratically controlled Senate with runoff in Georgia to come, a failure for Trump, and for extremism, Republican governor Chris sununu on ABC says the party needs to sit up and take some notice. But what I think people said was, look, we can work on these policies later, but as America is, we got to fix extremism right now. And on the democratic side, the Senate majority leader Chuck Schumer says his party fought back the red wave because the public rejected the election deniers. Too many Republican
"jake sullivan" Discussed on Bloomberg Radio New York
"This morning, Waller and bullard both back in 75 basis points in terms of rate rises this month. As for Italy, really an instant reaction in markets to the offer of resignation by Draghi, you had a sell off of the MSCI Italian ETF, a loss of 6.2% after the news the FTSE mib index closed down 3.4% and let's see what happens though today and oil poised to end the week below a $100 a barrel for the first time since April breakthrough trades at 99 96. Right now, that is a Bloomberg radio business slash now here's the anger and more on our top stories. Good morning Leanne. Caroline good morning, China's economy grew at the slowest pace since a country was first hit by the coronavirus outbreak two years ago. GDP grew 0.4% in the second quarter underlining the impact of Beijing's stricter approach to controlling COVID economists had forecast 1.2% of growth. The reading means Beijing will likely miss its full year growth target by a wide margin. Now in Italy, the president has rejected Mario Draghi's offer to resign as a prime minister. It is a bid to avert a political crisis that would unsettle financial markets and leaves the door open to Draghi leading the government until elections are due next year, Draghi will address parliament early next week, though it's not yet clear what will follow next, and Saudi Arabia is to open its airspace to all airlines, including Israeli flag carrier LL, the move marks a small win for Biden as he works to advance U.S. strategic interests in his visit to the Middle East this week. National security adviser Jake Sullivan says it pays the way for a more integrated, stable and secure region. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in will then 120 countries and the Ann gerrans, this is Bloomberg, Stephen. Leann, thank you. Well, let's get more on that story of mesley now ew economy commissioner Paolo gentiloni says that Europe is facing slower growth period as Russia's actions disrupt the economy, but that uncertainty remains about the future of Mario Draghi's time in office, gentil only saying that Draghi strong leadership has helped its economy to recover. He's been speaking about the European Commission growth and inflation forecasts, the commissioner warning that the risk of a full shutdown has become more than just a hypothetical scenario. Growth at 2.7 inflation at 7.6 this year. Of course, if we will have a complete gas cut, this scenario could even go in a more negative way. And here is Paolo gentiloni commenting on the leadership of Mario Draghi. Which such a strong leadership is the best solution to implement all our plan and especially our recovery and resilience plan. That was the economy commissioner pilot gentleman speaking in Brussels on Thursday. Well, of course, Italian markets were pummeled, weren't they after Draghi offered his resignation. The turmoil in Italy could, of course, make the job of the ECB harder joining us now from Rome is Bloomberg's at Italy government reporter chiara albanese are great to have you on radio this morning. What are markets most concerned about if the technocrat Draghi actually goes? Good question. Where can start? So in the short term, an Italy without Mario Draghi is a much weaker Italy. First of all, because it is very uncertain what would happen in the very short term. Italy has never held elections in the summer or either in the ocean. Due to the need to have like a fully functioning government in place in September to work on the budget load. So that would be just like a practical uncertainty in terms of who runs the country. But investors are also also very concerned and questioning what could happen with ambitious reform agenda that includes the justice reform and it also cutting into this is also now being questioned. Kiara, how much of a concern is this political terminal for the ECB? This is also a big concern. Clearly Italy is vulnerable. While dragging during is a month in power as managed to somehow start pushing the Italian finances back in check, community that there's nothing need to pass through any government that's being a moment of surging inflation of spiking energy prices. So this is also going to be problematic for any government coming and you can guess like somebody 8 models like there's not solved it. Who else can? Okay. A person for me is saying that Draghi will address lawmakers on Tuesday or Wednesday. I mean, the whole turmoil was triggered by the 5 star movement, but also by Draghi's reaction, which is I won't govern unless I've got the support of all the parties in the coalition. Yeah, drug has been very, very clear in his messages, like he is remaining as primitive. So only for the parties are in line. So while he's still has the support of a majority of lawmakers, that is not sufficient for him to continue. Now, this is not due to him being picky about it, is mostly because that would have otherwise kind of opened up the procedure by the parties and black nailing him as well for other measures. So either it's absolutely understandable why doggy is being extremely clear on that longing. Okay, Bloomberg's actually a government reporter chiara albanese. Thank you very much for joining us with the latest from Rome coming up next. We'll hear from our interview with South Africa's
Kash Patel: Robby Mook Testified Early Because of a Vacation to Spain
"Cash there was a lot more in that answer I know you caught it He wrote in Jake Sullivan into that too Jake Sullivan who is now the national security adviser at The White House into the decision to disseminate the hoax and you got to be thinking to yourself how the hell does Jake Sullivan still have his job at The White House This is crazy No you look you're totally right And Jake Sullivan is another guy that I interrogated under oath And that's why I think Robbie mook was boxed in because look all of these transcripts are we put them up for free at Durham Ross dot com We want the whole world to see everything that's been out there on Russia gate So go read them Your audience should go educate themselves Jake's all done I think lied to Congress about his involvement in the Russia gate hoax And the reason I think Robbie mook has to say what he said was because we boxed them in four years ago and his lawyers were like listen you can't really lie on the witness stand here because there's a transcript review basically already copied to it But here's the kicker that no one's talking about And Robbie mook was not a witness for the government John Durham had not finished the government's case the defense asked the judge to let Robbie move testify early because he had a vacation in Spain He had to get to Now Dan you and I both know when it comes to federal court In what universe does the government's case stop for a defense witness who's going to be the Spain And it could not have backfired more superbly for them The defense put this guy up and now he's taken out Clinton world and the Durham prosecution is going to continue It's amazing what's unraveling here
Robby Mook: Clinton Agreed to Feed Trump-Russia Material to Reporter
"People are saying oh my the lawyers were shocked During testimony today by the campaign chairman for the Hillary Clinton decide this campaign Robbie mook and my okay As reported by the Washington examiner Hillary Clinton personally signed off on sharing since debunked Trump Russia allegations related to alpha bank With the media during the 2016 election according to our campaign manager Robbie moved testified today he was briefed about the alpha issue first by Clinton campaign general council Mark Elias There's another reprobate In this summary 2016 you said the campaign leadership quickly had a meeting about whether the share the information with the media which they decided to do Now they had to know the information was false Do you know how They concocted it They're also present in the meeting where campaign chairman John Podesta A longtime scud Communications director Jennifer palmieri policy adviser Jake Sullivan who is now President Biden's national security adviser according to mook So they all get together and they're trying to figure out how to put this false information out In October as an October surprise to ruin the Trump campaign
"jake sullivan" Discussed on Bloomberg Radio New York
"Let's get rolled in national news Nathan Hager has a All right Paul thank you Ukraine is getting its first unannounced visit from American officials since the Russian invasion now nearly two months ago and they're both Republicans senator Steve daines of Montana and Indiana congresswoman Victoria spartz arrived in key of the today and they have visited Sykes where Russia is accused of war crimes outside the Ukrainian capital Danes tells The New York Times they got the invite from Ukraine's government on a day's notice Spartz is the first Ukrainian American elected to Congress a source tells the times the Biden administration is considering sending its own high level official to Kyiv in the coming days This week President Biden called Russia's actions in Ukraine genocide White House national security adviser Jake Sullivan says that's the president's personal view delivered deliberately There is a legal process our State Department goes through The lawyers look at the terms of the genocide convention and make a determination as to whether in fact it meets the legal standard That's something that will take quite a bit of time Jake Sullivan spoke at the economic club of Washington Meantime The Pentagon says it can not determine what caused the fire that has Russia towing its flagship in the Black Sea back to port Ukraine says it struck the mosque of the cruiser with anti ship missiles this morning Moscow confirms explosions on board but says the main missile systems on the ship are undamaged Former Trump senior adviser Stephen Miller's testifying today before the House committee investigating the January 6th riot that's what a source is telling The Associated Press Florida governor Ron DeSantis just signed a 15 week abortion ban into law Current law in Florida allows abortions up to 24 weeks Global news 24 hours a day on air and on Bloomberg quicktake powered.
Cully Stimson: Who Are the Senior Officials Who Can Calm the Room?
"Now colleague you're right I read that piece in the journal and they cite examples of people who've done this FDR Truman they brought in people from the opposite party but people who had some level of bona fides with the opposition party who could who could sell a bipartisan effort to advance the interests of the United States And it's clear at this point collie that he's not doing that I mean who is advising this guy I mean you got Jake Sullivan a PP tape hoaxer I mean he's on tape talking about the collusion hoax with Wolf Blitzer I mean really because you think of a more inappropriate guy And then you've got Susan Rice You know another one knee deep in all these political scandals in the last administration Colleague these are people with not even zero that negative credibility on it You'd almost rather them have zero credibility It's like anything they say people believe the opposite So I agree with your point You just want to expound on that a bit Well I mean ask yourself this and I would ask your listeners your big audience to think about this Who are the old hands in the senior or former senior government official post Where are the big new brzezinski Where are the Robert Gates Where are the Henry L stimson No relation to me Where are the people like that who could come in and calm the waters and be the room Who Biden would very privately quietly rely on and listen to as opposed to some of the other folks who you mentioned who clearly come with baggage don't have serious national security jobs And I don't know who those people are And I don't think he's going to do it
Why Biden Won't Get Tough On Russia
"And let's talk about whether Joe Biden is actually doing enough to confront the threat that is Russia right now. I would argue no, and part of the reason why I say absolutely not is because he keeps telegraphing that we're not going to do this. We're not going to do that. Now, you know, I don't believe in saying we're not going to commit troops. Apparently today he was over in Poland and actually said something to the effect that we would be willing and then had to backtrack it. You know, I don't like the backtracking. Why not just say everything's on the table? I don't know what we're going to do, but you know what? We're going to respond in some way, shape, or form. He did say at one point that we would respond in kind and then Jake Sullivan, for The White House, had to pedal back and say, well, let me clarify, that doesn't mean chemical weapons. Why all the clarification? Why not just say, you know what? You mess with us. You mess with our friends. We will respond. And just leave it out in the open.
"jake sullivan" Discussed on Bloomberg Radio New York
"National security adviser Jake Sullivan emphasized this would also involve the allies clamping down on attempts by other countries to help Russia get around them and existential threat to Russia could cause it to use nuclear weapons That's what a chief spokesperson for president Vladimir Putin told CNN This has been a special report I'm Brian chuck This is Bloomberg best on Bloomberg radio This is a special edition of Bloomberg best I'm head Baxter And ug to these Pellegrini Denise what makes a great investor Well that is a very important question and it's one a lot of people often do wonder about And that's one of the things that we had a chance to hear about from billionaire Ken Griffin A Griffin is the founder of the hedge fund Citadel He starts here though Denise on Bloomberg wealth with David Rubenstein telling David why he was willing to spend more than $43 million for a rare copy of the constitution So David I'm actually then in your territory because I know you've been incredible collection of American and frankly global historical documents As you know I'm a big art collector And to me collecting art is about collecting works of humanity where people have really broken the mold They've gone to an unconventional place Our founding fathers broke the mold of governance in the constitution In that document are so many values and principles that are just dearly important to me You know my story in the United States represents the American Dream And the American Dream is what the constitution provides for So to have a chance to be a steward of such an important part of our country's history is really important to me And I hope that by sharing the constitution across the country in various museums over the rest of my life I will help other people really think about the greatness of the accomplishment of our founding fathers in creating a system of governments that we call democracy And at this moment in time we're the very ethos of democracy gets challenged routinely in the popular press I think it's very important for us to take a step back and to think about how remarkable it is that we as a people write our own destiny So you don't see this as an investment You see this as a testament of your faith in our country This is a testament of my faith in our country and my belief in America You know over time it may or may not be an investment that yields returns It just wasn't that important to me So when you were bidding for this document there were a lot of competition and it was said that you were competing against a group of cryptocurrency people who had come together to either team with you or compete with you Did you ever consider teaming with them So I had not considered teaming with them during the auction itself And to be clear you could see in the days before the auction the stunning amount of money they raised to pursue the constitution of the United States There's that moment of take a deep breath This is going to cost a lot but it was really important to me to have the constitution in a collection where it would be shared with Americans and where that stewardship would exist For me the dial brought up some real concerns around governance First of all kudos to everybody who made that happen I mean what an incredible story to raise $40 million in just a few days to pursue buying the constitution But after the auction we actually reached out to the Dow about for example would you want an NFT for everybody who contributed a token or symbol of what you accomplished together as a community They couldn't even make that decision And so I'm really relieved that I ended up having bought the constitution because I know that the stewardship will be there And Dao decentralized by its very nature would we have had the stewardship that we want for such an important part of our nation's history Now as somebody who's bought some historic documents myself am I now going to have a new competitor in this world I don't think so And I know some of the great documents that you own and I admire your passion in the field This for me is such a Pinnacle of the American story It's one that grabbed me and motivated me in a way that will be hard to replicate with other documents So I don't think you'll see me as a competitor down the road I am really excited though that a crystal bridges where this will be displayed first They are being so thoughtful about the experience of people who have in understanding American history Talking about freedom of expression when you think about it what an artist is doing when he or she is painting something is expressing themselves You've been very supportive of a lot of artists and supported their careers and you bought a fair amount of art and you put it on display in many places around the world What is it that appeals to you about art To me art represents an element of humanity that it's our creativity It's our ability to great artists transcend the conception of what is art They change the very definition of the field So for example the American abstract artists of the 1950s radically redefined art or the impressionists in the 1880s did the same And I just I'm so fascinated by the men and women who choose to go outside of the lanes of tradition to do something radically new that changes our conception of beauty Now you have bought a fair amount of art recently that painted by African American artists bad squat is one of them and you have put one of his works of art one of his most famous works of art at the Art Institute have you focused on African American artists recently because of the problems we have in race in the United States or is there some other reason No I have a significant collection of art and I have an incredible collection of art by African American artists which I started building years ago for one simple reason It's great art I mean Mark Bradford is so talented and to have a chance to live with his works is such a privilege Basquiat is one of the greatest artists in American history I mean he went outside the boundaries of conventional art He really transformed our very conception of what art even means And so to have a chance again to own art by these individuals who were just in their field they were leaders They were the game changers They were to art with Steve Jobs was to music Or to a phone And I just have great admiration for people who are willing to extend the creative boundaries of humanity So as you look back on your career what would you say is the best investment advice you ever received Probably the best investment advice that I never received but that I've lived my whole life around is surround yourself with really good people I thought about it just today I do many times What makes a great investor A great investment firm is comprised of people who are optimists And pessimists and realists because in the intersection of the debates that go across that wide range of personalities is where you find truth It's part of the reason I'm so focused on freedom of expression I see it my own four walls the robust and Folsom debates around how we commit our capital what defines a good idea What businesses to build or pursue that's what drives the success that's Citadel And I've been very fortunate in life to have always had a group of friends who really push me who make me.
"jake sullivan" Discussed on Bloomberg Radio New York
"Good morning there Caroline good morning and thank you Moscow was asked China for military equipment to support its offensive according to U.S. officials That will likely be on the agenda when national security adviser Jake Sullivan meets communist member Yang Jiechi in Rome later today They are the first high level in person talks between the U.S. and China since Russia did invade Ukraine Ukrainian ambassador to Japan Sergei kosinski has told Bloomberg Beijing needs to rethink its relationship with the Kremlin I do think that Putin set a trap for China Signing this huge declaration of February 4 On February 4 he already knew that he would invade Ukraine And he already knew that brynden this visibility of China a supporter of Russia would have toxic consequences for Chinese images which in his economy Also on the agenda for U.S. China talks will be the war's impact on regional and global security and enforcement of sanctions imposed by a Western Allies As a conflict in Ukraine now enters its 19th day there is a concern attacks will spill over to the country's borders Yesterday 35 people were killed at the Ukrainian air by base of 15 miles from the border of NATO member Poland President Joe Biden's national security adviser Jake Sullivan has told NBC's meet the press the Russians are continuing to fail It's no surprise that the Russians are trying to expand the number of targets in this war because they're frustrated by their lack of ability to take some of the major cities by the fact that they are well behind the objectives they set for themselves and by the incredibly stiff and brave resistance Meanwhile Russia has been warned it will be met with the full force of NATO if an attack happens within its territory has been warned it will be met with the full force of NATO if an attack happens within its territory And when it comes to the refugee response British families are now awaiting details on how they can help Ukrainians fleeing the war Local authorities will receive 10,000 pounds per refugee to cover costs while households that commit to hosting Ukrainians for at least 6 months will get 350 pounds a month the leavening up secretary Michael gove and sis It is more than a bed that's been offered to support refugees We will also make sure that people who come here have the chance to work and get the support from the NHS from education and from other services that they need Over 2.5 million people have fled Ukraine with almost 1.7 million crossing over to Poland and finally staying here in the UK the Chancellor says businesses should think very carefully about any activity that would fund the Kremlin's war in Ukraine Rishi sunak also praised firms who have announced plans to reduce or sell holdings in Russia Global news 24 hours a day on air and on Bloomberg quicktake powered by mold and 2700 journalists and analysts in wall then 120 countries I'm leann gerrans this is Bloomberg Anna Thanks very much Leigh Anne Let us talk about what's going on in debt markets now war sanctions perplexing government decrees and disruptive payment chains are leaving investors in Russian bonds scratching their heads payments to foreigners were halted under a set of Russian capital controls designed to insulate the economy from sanctions triggered by the evasion of Ukraine Let us get more details on what is happening with our distressed debt reporter IRENA Garcia Perez who's with us now and helps us understand whether we're looking at a Russian default here how we would define it What's the latest IRENA give us the thoughts Good morning so we had over the weekend work from Nordic sneaker president Vladimir Putin mentioning how his company had got a license to pay debt for that in foreign currency And now while the decree specified that these licenses were to pave in Frank currency only to creditors in countries that had not imposed sanctions on Russia it sounded like everyone got paid regardless of where they were sitting which is quite an interesting development Okay so we've got this big date in the diary of Wednesday when the big kind of foreign Bond foreign currency bonds have to be repaid Russian companies struggling there to find advisers when it comes to these big deadlines and restructuring They are they are in the reason for that is every law firm every financial adviser as well They are having this conversation internally and whether or not they should take Russian clients and so far they are steering clear out of it Okay Erin thank you very much for joining us We've been very distressed debt report Dennis Garcia Perez with the latest on the Russian debt story whether we'll see a default how that gets defined who pays Walter whom and who receives the money all very interesting and whether the Russian debt originators have the right advice and are able to rely on on advisers It's going to be a crucial part of that Thanks very much to Irene for joining us with the details there Caroline I'm going to be jumping off to get ready for the next hour What's coming up here on the big radio Absolutely you're hopping over to the TV studio Well I'm going to be speaking to kiran Ganesh with multi asset strategist at UBS global wealth management So we're thinking about stocks at the moment performing reasonably well here in Europe or half.
"jake sullivan" Discussed on Bloomberg Radio New York
"The U.S. says Russia is asking for help from China and its invasion of Ukraine Let's get to Ed Baxter and San Francisco with the latest it Yeah truly at a new wrinkle Reports say the request is for equipment replacement for the heavy losses of Russians have suffered and Bloomberg's chief north Asia correspondent Stephen engel says this comes as there are high level meetings scheduled The highest level diplomatic in person meeting since the war in Ukraine began is going to be between the national security adviser Jake Sullivan and the top diplomat Politburo member young jets here in Rome on Monday Obviously the Biden administration is trying to enlist Beijing support of the sanctions and also exert its influence on Moscow to end the war in Ukraine Which obviously would not include sending health to Russia This is Russia's heavily attacked a military training base in the west of Ukraine just ten miles inside the border with Poland which has led national security adviser Jake Sullivan to say if any munitions land in Poland there would be severe consequences If the United States will work with our allies to every inch of NATO territory and that means every inch And if there is a military attack on NATO territory it would cause the invocation of article 5 and we would bring the full force of the NATO alliance to bear in responding to it Yeah Sullivan on a CBS has heard here on Bloomberg is saying shelling also along the south of Ukraine the deputy mayor of mirepoix Andre moskalenko on ABC has heard here on Bloomberg says residents are just not protected anymore It's like a new edge in this war because we don't have any safety place in Ukraine I suppose even all over the world And he says if they can bomb a children's hospital and there must have no limits two areas of China have been hit very hard with COVID cases It's Shenzhen has been on total lockdown now 17.5 million residents and for the next week cases double nationwide in early 3400 and the government says Shenzhen's proximity to Hong Kong is causing the spread So Bloomberg's ammo Brian says the strategy here The way China works this is about sort of kneecapping the virus outbreak really bringing it down to zero so that they can reopen again and before it gets to a size like what they've been seeing in Hong Kong out of control Yeah Shanghai also experiencing an increase in cases Emma says Hong Kong still formulating plans for mass testing and Hong Kong is still getting a large number of cases over 27,000 cases day to day The death count also high 285 In San Francisco I met Baxter this is Bloomberg Thank you Ed Let's get to global sports.
"jake sullivan" Discussed on Bloomberg Radio New York
"News Possible diplomatic hope but no progress on defusing the situation over Ukraine with Russian troops amassing on the border for that and other global news let's get to bloom's limburg's Denise Pellegrini Denise Thank you Julia and here is what national security adviser Jake Sullivan said when he was asked if the U.S. is seeing Russian troops move into tactical positions for invading Ukraine We have seen over the course of the past ten days dramatic acceleration in the build up of Russian forces and the disposition of those forces in such a way that they could launch a military action essentially at any time They could do so this coming week And Sullivan on CBS face the nation heard here on Bloomberg radio And what does Vladimir Putin really want Well we asked Arielle Cohen He's senior fellow at the Atlantic council To push NATO out of Eastern Europe So that Russia gets freedom of action there and rebuilt its sphere of influence and in case of Ukraine and Belarus rebuilds the Slavic Russia dominated empire And Cohen there on Bloomberg daybreak Asia here and he says Putin is asking for more than the U.S. is willing to give in terms of rolling back NATO and he thinks it Putin doesn't get what he wants he will invade Ukraine source the same time The White House is planning on sending more aid to Ukraine And Germany's Chancellor Olaf Scholes heads to Kyiv tomorrow and then supposed to meet with Putin the day after that New record high for COVID cases in Hong Kong and this could overwhelm hospitals and also overwhelm Hong Kong's zero COVID strategy and Bloomberg Stephen engel says chief secretary John Lee in Hong Kong traveled to China to talk about all this This is triggering a high level of anxiety in Hong Kong He went across the border to Shenzhen to meet with Chinese officials to discuss cooperation efforts and potential what Beijing help could be offered and there was lots of speculation I had people actually stop me in the streets and say what's going on Is there going to be a total lockdown We don't report rumors but I'm it's almost a news story and it said in itself that people are acting on the rumors whether it's run for groceries produce and the like And Stephen engel from Hong Kong also says the government there is warning supplies of vegetables and poultry could be limited Police in Canada say they have cleared a major bridge there between the U.S. and Canada and Bloomberg's Toronto bureau chief Daniel bokov says protesters were just fed up All of the protests that we're seeing in Canada reflect a certain amount of exhaustion as we're seeing around the world with restrictions that in Canada have been in place longer Than many other parts of the world And Boko also says the demonstrations began as truckers in Canada protested the country's COVID vaccine mandate Global news 24 hours a day on aired on Bloomberg quick take powered by more than 2700 journalists and analysts in more than a 120 countries In the news among Denise Pellegrini this is Bloomberg Thanks today's city Our time for global sports.
"jake sullivan" Discussed on Bloomberg Radio New York
"Hey we had some heavy selling here in the U.S. on Friday Jules with the S&P dropping about 1.9% This was triggered primarily by the national security adviser Jake Sullivan who was saying Russia could initiate military action or attempt to spark a conflict inside Ukraine as early as this week So that is a very important factor because it triggered haven buying treasuries were caught a bit We had a drop in long-term interest rates at ten year treasury last quoted in New York at around one 93 We're trading one 95 interestingly now in the Tokyo session The other factor we had a very disappointing read on consumer sentiment here in the U.S. So that cast a pall over the market Thing here is with talk about aggressive fed tightening What's the risk of a policy error that seemed to kind of creep into the narrative in terms of trading on U.S. sovereign debt We've got that tenure at one 95 a two year at one 51 The dollar is showing a little bit of weakness right now but we were up in New York trading on Friday The end very strong here at one 1540 and that is now kind of depressing the equity market in Japan but to be fair Tokyo was on holiday last Friday so we're playing a little bit of catch up where Japanese equities are concerned One thing is also very clear energy is out in force in the Japanese equity session with the energy group up about 2.9% This is kind of mirroring a big move higher that we're seeing in the price of crude oil now 94 70 in WTI this correlates to the tension in terms of what we're seeing play out with Russia Vis-à-vis Ukraine as we know Russia is a top energy producer Right now if you look at the price action in the South Korean equity market the cost be down a little more than one and a half percent although in Sydney the ASX 200 higher by two tenths of 1% will take another look at markets for you in about 15 minutes Juliet Thanks Doug Well it is Paramount for the fed to be measured and data dependent as it hikes rates to ensure stability this according to San Francisco fed president Mary Daly Bloomberg's susannah Palmer tells us more Daly said it's too early to call the number of interest rate hikes this year but she did say so I look at the data and I see that it is obvious that we need to pull some of the accommodation out of the economy But history tells us with fed policy that abrupt and aggressive action can actually have a destabilizing effect on the very growth and price stability we're trying to achieve Daily was interviewed today on CBS's face the nation Susanna Palmer Bloomberg daybreak Asia Well economists have added over whether China's Central Bank needs to cut interest rates for a second month A majority of economists surveyed by Bloomberg say the PBOC will keep the interest rate on its one year policy loans unchanged Bloomberg's and a current breaks down the reasons That's because they will want to see how a the recent interest rate cuts are flowing through the economy and B there was a big uptick in the credit impulse flowing through the economy in January so that they'll want to see how that's ticking over three there is an optics involved in it They don't want to be seeing to do back to back rate cooks that sends all kinds of signals that China's policy makers are getting worried And we are expecting the pvo's deceit maybe a C's decision tomorrow Tuesday It is four minutes past the hour time for global news.
"jake sullivan" Discussed on Bloomberg Radio New York
"Yards for the Cincinnati Bengals Since he is looking to win the franchise's first Super Bowl while the rams are playing for their second the first coming when the team played in St. Louis back in 1999 and the enchantment that your Bloomberg world sports opd 8 Markets headlines and breaking news 24 hours a day At Bloomberg dot com the Bloomberg business app And it Bloomberg quick tape This is a Bloomberg business flash So markets in Asia are reacting to the sell off that we had in a U.S. equities Friday precipitated by comments from the U.S. national security adviser Jake Sullivan saying that Russia could initiate military action or attempt to spark a conflict in Ukraine as early as this week Havens and heavy demand in the treasury market long-term rates were down with a ten year around one 93 interestingly we're moving up a little bit and yield right now one 94 in the Tokyo session Now bear in mind that last Friday the Japanese market was closed for a public holiday and in that intervening period we had a lot of strength in the end build in the New York session with the yen picking up about a half of 1% against the greenback right now the end trading one 1537 the Nike though down about 2.3% In fact the only industry group within the Nike under R 11 energy is the only group that is positive in that kind of correlates to this big move higher that we're seeing in crude oil WTI 94 30 now given the heightened tension around what's developing in Ukraine you'll know that Russia is a key player the top one of the top producers in the energy market at a time when global supplies are already tight WTI 94 30 Brent crude trading 95 40 The dollar a little weaker but we were strong in New York trading on Friday and as I mentioned at the end quite a bit stronger now at one 1535 and sold the cost is down one and a half percent The market in Australia has been fluctuating between gains and losses right now The ASX 200 is essentially flat We have shares in crown resorts rallying by about 2% This after the U.S. private equity firm Blackstone won its pursuit of crown it's a deal worth about 6.4 billion U.S. We'll take a look at market action again in about 15 minutes Let's get caught up on global headlines Denise Pellegrini is in the Bloomberg newsroom Denise Progress made as you mentioned between Russian president Putin and President Biden and their weekend talks national security adviser Jake Sullivan says this Wednesday could be a pivotal day.
"jake sullivan" Discussed on Bloomberg Radio New York
"Debt If you're joining from Japan or anywhere in the apec good morning I'm Doug prisoner at the Bloomberg interactive broker studio in New York And I'm Juliette sali in Singapore yeah new training weekly to react to what happened on Wall Street two Doug when U.S. stocks fell Friday Yeah most definitely with the S&P down about 1.9% jewels in the Friday session This was precipitated by a comments from national security adviser Jake Sullivan he was saying that Russia could initiate military action or even attempt to spark a conflict inside Ukraine as early as this week So havens were in demand in the bond market we had long-term interest rates moving lower ten year treasury at about one 93 Interestingly now in the Tokyo session we've moved up in yield terms trading one 96 but on the equity side of things we got a lot of weakness in the nikkei largely because of a much stronger yen now one 1555 the Nike is weaker by about 1.4% In the opening moments in Seoul the cost be down about 1.2% although in Sydney the ASX 200 is pushing higher by about four tenths of 1% We've got that crown resorts after trading was delayed a little bit up about 2.4% We have the private equity firm Blackstone after it's near yearlong pursuit of crowns succeeding the troubled Australian casino operator accepting Blackstone's 6.4 billion U.S. dollar takeover offer Keeping a close high on crude oil given the tension around the Ukrainian story WTI right now 94 55 so we're up about one and a half percent here in the electronic session We'll take another look at market action for you in about 15 minutes Jules Well it is Paramount for the fed to be measured and data dependent as it hikes rates to ensure stability This according to San Francisco fed president Mary Daly Bloomberg's susannah Palmer tells us more Daly said it's too early to call the number of interest rate hikes this year but she did say So I look at the data and I see that it is obvious that we need to pull some of the accommodation out of the economy But history tells us with fed policy that abrupt and aggressive action can actually have a destabilizing effect on the very growth and price stability we're trying to achieve Daily was interviewed today on CBS's face the nation Susanna Palmer Bloomberg daybreak Asia Well we go from the fed to the PBOC economists are divided as to whether or not China's Central Bank needs to cut interest rates for a second month A majority of economists surveyed by Bloomberg say the PBOC will keep the rate on its one year policy loans unchanged and they are arguing that the PBOC can afford to wait and see whether earlier easing measures are taking effect Now the January figures on credit growth showed strong expansion that's a positive sign right Last month the PBOC already cut rates by about ten basis points and another drop would be in a very aggressive step and perhaps a sign of heightened concern over China's growth outlook It would also widen the policy divergence that we have talked about here between what the PBOC is doing and what other major central banks are doing like the fed incidentally we're expecting the PBOC's decision Tuesday in Beijing Juliet It is four minutes past the hour time for global news The U.S. is eyeing Russia's intentions in Ukraine while Hong Kong is eyeing record COVID cases for that another global news let's get to the Bloomberg newsroom and.
"jake sullivan" Discussed on Bloomberg Radio New York
"My dog when I'm taking Steve around the blocks Steve is myself Yeah Steve Bloomberg markets with Paul Sweeney and Matt Miller My dream scenario is that Paul sells his house then the bubble bursts and then I can find one week few mornings at ten eastern Never met Steve I thought that's the TV a lot On Bloomberg radio the Bloomberg business app and Bloomberg radio dot com The house is set to discuss a stopgap funding bill this week House majority leader steny Hoyer tells MSNBC the chamber would likely pass a continuing resolution to give negotiations a little more time I think that we're going to get both on the top line how much spending is going to be in and how it will be spent but it's not there yet Pointer made the comments Sunday as the body looks to avoid a government shutdown as work is done on an overarching spending proposal National security adviser Jake Sullivan says the U.S. is ready to respond to any Russian action at the Ukraine border appearing on Fox News Sunday Sullivan declined to say if he thought an invasion was imminent he explained that predicting the day to today movements of Russia was not his job but added he's responsible for making sure the U.S. is prepared for any scenario The U.S. women's hockey team crushed Switzerland ahead of their match with Canada at the Winter Olympics Team USA scored 5 goals in the first 20 minutes en route to an 8 nothing victory the wind followed Saturday's 5 nothing shutout against Russia I'm Brad sea And I'm Doug Chris Bloomberg world headquarters in New York Let's check this hour's top business stories and the markets shares in Mainland China are trading after a weeklong holiday for the lunar new year Now the gains that we're seeing right now in the Shanghai composite are not nearly as robust as we saw last week in Hong Kong where the hang seng rallied by more than 3% after its break from the lunar new year holiday Right now we are seeing the Shanghai composite up about 1.8% meantime the hang seng is down about 6 tenths of 1% Several Chinese travel related stocks are trading lower This is after the state broadcaster CCTV reported the country's domestic tourism trips fell during the lunar new year holiday Right now in the Tokyo session we have shares in Olympus down by about 10% This is after the company just maintained its forecast for full year operating profit the weakness in Olympus helping to send the nikkei two 25 lower by about 9 tenths of 1% Crude oil prices are just below a 7 year high WTI right now down about 6 tenths of 1% 91 75 but so far this year WTI is up nearly 20% and the oil trader vtol group saying that prices could be boosted further by China potentially replenishing its inventories after the lunar new year holiday Analysts are saying that the fundamentals for the oil market do remain solid with demand expanding stockpiles falling and backwardation in extreme Brent crude right now is trading at 93 30 We check markets every 15 minutes here on Bloomberg and sold the Cosby weaker by 9 tenths of 1% and in Sydney the ASX 200 is off three tenths of 1% The ten year treasury in the Tokyo session with the yield of 1.90% Global news 24 hours a day on air and on Bloomberg quick take powered by more than 2700 journalists and analysts This is Bloomberg.
"jake sullivan" Discussed on Bloomberg Radio New York
"Security adviser Jake Sullivan they're talking about the meeting he helped convene with some of the top tech companies over concerns about security with open-source software while settled in didn't have much to say about the meeting My next guest does I'm joined now by Philip venables He is the chief information security officer of Google Cloud and attended that White House meeting Phil what's your big takeaway How did it go You haven't I think it went really well You know it's very pleasing to see the government reaching out and seeking to collaborate with all of the large tech companies and the foundations and many other organizations And I think the interesting thing is already been a lot of work done on this For example the industry set up the open-source security foundation last year We and many other companies and specifically Google we committed over a $100 million to that and many other companies of committed likewise and pledge to that funding So there's a lot of work going on but it's really pleasing to see the government reaching out and wanting to partner with the private sector to really drive this important topic forward and making sure that we're probably appropriately defending the infrastructure that relies on open-source software Now with so many agencies and departments involved you've got the National Security Council sisa defense commerce Is it confusing as a private company like Google do you know where to turn when there are issues Yeah I mean we've got very very close partnerships I mean I think to the outside it can often seem confusing but for those of us that work in the industry we see each individual group within the government has its own particular purpose and they're increasingly coordinating very well and partnering with us So we have great partnerships with the National Security Council The White House cybersecurity director the DHS system organization There's many others And we recognize each has its purpose and they're quite well coordinated and in the private sector as well we coordinate amongst ourselves to drive that partnership forward So we think it works quite well I wouldn't say everything's perfect but things are things that are continuing to get better and that partnership is key Now look the concern is that millions of devices could be at risk right now If these kinds of collaborations don't happen what is the threat Well all about digitized society is highly dependent on software and large part of that is open-source software The good news is a lot of that software is already quite well maintained There's a lot of highly curated projects that are managed by the large tech companies in partnership with the maintainers But there is still a long tail of other issues as we've seen recently And so we definitely need to keep improving And through things like the open-source security foundation the commitments we've made the commitments that we're partnering with government on we're going to keep working through all of the other issues to keep helping helping make sure we're managing the risk here And I don't think any of us are taking any less vigilance on this It's going to be a big area of focus for the entire tech industry All of the consumers are open-source software and it's key for us to keep partnering with the government and having that strong public private partnership to really drive the agenda forward to defend all of our critical infrastructure Now I got to ask you because the House select committee just subpoenaed alphabet and other companies for more information tied to the January 6th attacks And this is a security issue potentially even a cybersecurity issue Do you think YouTube played a role in those attacks Well I'm sure there's plenty of people at Google that are going to work effectively on talking about those issues Not for me today my entire focus today has been on the open-source security issue and partner with government to just defend our critical infrastructure So that's been all of my focus and it's a big part of my focus going forward So look given we're approaching you know we're going into another election What kind of assurance can you give us Can you give Google's users that Google is taking all the precautions with their accounts And their information given that the attackers the cyberattackers are always one step ahead it seems So we have very large numbers of highly capable teams that work across all of the cyber threats that face all of our all of our products and services and we're very very focused on protecting our users Our consumers are enterprise customers and partnering with their security teams and partnering with all the relevant government agencies So very key focus for us and it's something that we're always vigilant about especially as threats evolve And we're paying a lot of attention to this and partner with the right organizations to make sure we can stay focused on that protecting our protecting our users and our customers All right filled edibles Google Cloud's chief information security officer Thank you for joining us Coming up When TikTok stars make more.
"jake sullivan" Discussed on The Erick Erickson Show
"I gotta be honest with you. I'm trying to find something other than this. 'cause i it's it's a it's just a presley to this point it's the big news of the day and and you gotta go for to to a degree but i'm just. I'm stunned by. How bad jake jake sullivan is doing. Worse than the president did yesterday. Listen just one more bit.
"jake sullivan" Discussed on WTVN
"Security Advisor Jake Sullivan on ABC s this week. We're prepared to engage in diplomacy towards their ultimate objective. But work on practical measures. It can help us make progress along the way towards that goal. He was asked about North Korea after a senior foreign minister from the country, said President Biden made a blunder. When describing North Korea's nuclear program is a threat, The minister warned the U. S would soon face a grave situation. White House also says the president's ready to compromise on a deal for infrastructure. He wants one that's more than $2 Trillion, Senator John Barrasso of West Virginia, a Republican, said. This is a staggering amount of Spending like someone with a new credit card and these air for things that we don't necessarily need. We certainly can't afford, but they're going to delight the liberal left of the party. 64% of Americans say they're optimistic about the direction of the country. That's according to a new ABC News Ipsos poll, and that is the highest. That number has been since December of 2006. Travel restrictions on travel from India go into effect Tuesday. Non US citizens who've been to India in the last 14 days will not be allowed to enter the country. India reported almost 400,000 new coronavirus cases, The search continues, and Jeffrey Gettleman, South Asian Bureau chief of the New York Times, tells ABC what's really scary. Is the healthcare system is collapsing around us. The hospitals are totally full. They're running out of medicine. The running out of oxygen. People are racing around the city trying to get help. People who were dying on the streets because they can't find even the most basic things in the waters of the Gulf of Mexico. Specks in the NASA team on behalf of crew one and and our families, We just want to say thank you, Commander Mike Hopkins. After four astronauts splashed down in the Gulf on a space X capsule, you're listening to ABC News. Paid for by government. A comic mothers.