Sound On

Reports of crimes targeting Jews, Muslims and Arabs have risen around the world in since the Oct. 7 Hamas attack on Israel, and the Israeli military's retaliatory operation in Gaza. While previous conflicts in the Middle East also sparked a backlash outside the region, this time it is more intense and the wave of hate may be far from cresting, according to advocacy groups, former law enforcement officials and analysts. In this Bloomberg Radio special report, Stephen Carroll examines how these communities are confronting a global surge in hate speech and hate crimes.See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Government Congress Reporter Jonathan Tamari about the House of Representatives vote to expel George Santos. Weiser Family Distinguished Fellow at the Atlantic Council Daniel Fried about the end of the truce between Israel and Hamas in Gaza. Bloomberg Reporter Simone Foxman about the potential replacements for George Santos. Former Republican Congressman Denver Riggleman about the state of the House GOP. Republican Congressman Bill Huizenga of Michigan about his decision to vote against removing Santos from the House. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Former Secretary of Defense William Cohen about the latest extension of the truce between Israel and Hamas. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino as members of the House Freedom Caucus say they are willing to back funding levels previously agreed upon in the debt limit deal negotiated earlier this year. Bloomberg National Security Reporter Nick Wadhams on hopes from US Secretary of State that the pause in fighting between Israel and Hamas will continue. Committee for a Responsible Federal Budget Senior Vice President Marc Goldwein about the fiscal trajectory of the United States as Congress debates new funding deals. See omnystudio.com/listener for privacy information.

Henry Kissinger, the child refugee who rose to become US Secretary of State and defined American foreign policy during the 1970s with his strategies to end the Vietnam War and contain communist countries, has died. He was 100. Not long before his passing, Kissinger sat down with Bloomberg Editor-in-Chief John Micklethwait for an extended conversation. He talked about his life and career, what shaped his worldview, and his thoughts on the current state of global affairs. Listen here for that special conversation, in its entirety.  See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Republican Congresswoman Nicole Malliotakis of New York about negotiations on Capitol Hill over border security. Bloomberg Politics Contributor Rick Davis and Democratic Strategist Brad Howard about new polling data on President Joe Biden's reelection chances. Brookings Institution's Michael O'Hanlon about the ongoing negotiations between Israel and Hamas to free more hostages. See omnystudio.com/listener for privacy information.

Ipsos President of US Public Affairs Cliff Young about how the state of the economy will impact President Joe Biden's reelection chances. Bloomberg Politics Contributor Jeanne Sheehan Zaino and former RNC Communications Director Lisa Camooso Miller about the debate on Capitol Hill over what an Israel aid package should look like. Coalition for a Safer Web President and former US Ambassador to Morocco Marc Ginsberg about Israel and Hamas trading blame over truce violations. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Bloomberg White House Reporter Jordan Fabian about the Biden Administration reaction to the extension of the truce between Israel and Hamas to release more hostages. Rapidan Energy Group President Bob McNally about the OPEC+ decision to reschedule their latest meeting. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the US role in negotiations between Israel and Hamas. Co-Founder of the House Freedom Caucus and former Republican Congressman Mick Mulvaney about the week ahead for Congress as they return from Thanksgiving recess. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Congressman Ami Bera of California about the hostage deal brokered between Israel and Hamas and the work ahead for Congress following Thanksgiving. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about the Biden Administration's involvement in the hostage deal. Pangea Policy Founder Terry Haines about the state of the 2024 Republican Presidential Primary. Atlantic Council Senior Fellow Ellen Wald about the OPEC+ decision to delay their latest meeting. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Former US Ambassador to Poland Daniel Fried about negotiations between Israel and Hamas to release hostages. Emerson College Polling Center Executive Director Spencer Kimball about polling data from the Senate and White House campaign trail. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about Speaker of the House Mike Johnson's meeting with former President Donald Trump in Mar-a-Lago. Democratic Congressman Brad Sherman of California about the role of the United States in aiding allies while protecting civilian lives. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: University of Virginia's Center for Politics' Kyle Kondik about how the balance of power in Congress will shaped by the large number of incumbents not seeking reelection. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about new approval rating numbers for President Joe Biden on his 81st birthday. Bloomberg Government Congress Reporter Jack Fitzpatrick about what to expect when Congress returns from Thanksgiving recess. Co-Founder of the House Freedom Caucus and former Republican Congressman Mick Mulvaney about the relationship between Speaker Mike Johnson and the conservative wing of the Republican conference in the House. See omnystudio.com/listener for privacy information.

 Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe speaks with: Hadar Susskind, president and chief executive officer for Americans For Peace Now about the growing humanitarian crisis in Gaza as Israel's military's offensive continues, and Israeli Prime Minister Benjamin Netanyahu's standing around the world Marc Short, former Director of White House Legislative Affairs, former Chief of Staff to the House Republican Conference, and former Chief of Staff to Vice President Mike Pence about the latest on Capitol Hill, a looming budget fight in January, and how the GOP race is stacking up as the field narrows Patrick De Haan, Head of Petroleum Analysis at GasBuddy on gas and travel costs as we enter the holiday travel season Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino on the trouble following George Santos, and the likelihood of an expulsion  See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe speaks with: Bloomberg Senior Reporter Iain Marlow for a recap of yesterday's meeting between US President Joe Biden and President of the People's Republic of China Xi Jinping. Democratic Congressman Jake Auchincloss of Massachusetts about his "No" vote for the continuing resolution due to it's lack of Israel and Ukraine aid. Republican Congressman Bryan Steil of Wisconsin about the next funding battle on Capitol Hill. Bloomberg White House Reporter Jordan Fabian about the two-year anniversary of the Bipartisan Infrastructure Law. US Secretary of Transportation Pete Buttigieg about the future of infrastructure projects and investments across the United States. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Government Congress Reporter Jonathan Tamari about the continuing resolution passed by the House of Representatives Tuesday night. Wilson Center Chair of the Middle East Program James Jeffrey about Congress' inability to pass supplemental foreign aid while fighting continues in Ukraine and Israel. PIMCO Head of US Policy Libby Cantrill about the future spending battle if this continuing resolution passes the Senate and is signed by President Biden. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:  Democratic Congresswoman Gwen Moore of Wisconsin about why she supports the continuing resolution put forward by Speaker of the House Mike Johnson and a preview of any foreign aid package to come from Congress.  US Special Envoy to Northern Ireland for Economic Affairs Joe Kennedy III about the impact of sustained diplomacy by the US in Northern Ireland and the state of American democracy. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Democratic Congresswoman Chrissy Houlahan of Pennsylvania about the stopgap government funding plan released by Speaker Mike Johnson over the weekend and the absence of supplemental aid in the plan. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about the possibility of future US aid to Israel and Ukraine separate from a funding solution to avoid a government shutdown. Former Director of the Office of Management and Budget Mick Mulvaney about the state of play on Capitol Hill as Speaker Johnson looks to pass a continuing resolution without any steep budget cuts. Managing Director of Sabato's Crystal Ball Kyle Kondik about the 2024 Presidential campaign as Senator Tim Scott announced he's dropping out of the race. See omnystudio.com/listener for privacy information.

Matt Miller and Hannah Elliott have a new podcast focused on cars. Listen for drive reviews, news updates and dealership details from auto industry insiders.     If you like this episode, download more and subscribe on Apple, Spotify or anywhere you get your podcasts.     Apple: http://apple.co/4935eTf     Spotify: http://spoti.fi/3MaWkJT     Anywhere: http://bit.ly/3QqrPC2     See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Republican Congresswoman Victoria Spartz of Indiana about negotiations on Capitol Hill to avoid a government shutdown just a week away from the federal funding deadline. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about results from a new Bloomberg News/Morning Consult poll that shows former President Donald Trump leads President Joe Biden in six of seven swing states in 2024. Morning Consult's Eli Yokley and Bloomberg's Gregory Korte with a deeper dive into the new polling data and where the race for the White House stands less than a year until Election Day 2024. US Army Retired Brigadier General Mark Kimmitt on Veterans Day as Sen. Tommy Tuberville continues his holds on over 300 military promotions. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: University of Virginia Center for Politics Director Larry Sabato about the winner of the Republican debate that once again didn't feature the GOP frontrunner. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about if any of the other candidates in the field can get a boost from their debate performance. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Republican Congressman French Hill of Arkansas about progress the House GOP is making on a stopgap spending bill and potential changes to Foreign Intelligence Surveillance Act. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about Tuesday's election results across and the political future of Virginia Governor Glenn Youngkin. Bloomberg Washington Senior Editor Wendy Benjaminson and Bloomberg Politics & Government Reporter Mark Niquette about how abortion issues on the ballot turns out voters. The Messina Group CEO and former White House Deputy Chief of Staff Jim Messina about what Tuesday's elections mean for national elections in 2024. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, June Grasso and Jack Fitzpatrick are in for Joe. They speak with: Republican Congressman Steve Womack of Arkansas about the plans in the House for stopgap spending just under two weeks from the government spending deadline. Bloomberg Politics Contributor Rick Davis and Democratic Strategist Al Mottur about the spending battle on Capitol Hill. Former Virginia Governor Jim Gilmore about the top races to watch on Election Day 2023. Ipsos US Public Affairs President Cliff Young about the various headwinds President Joe Biden faces in his 2024 reelection efforts. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, June Grasso and Wendy Benjaminson are in for Joe. They speak with: Former Assistant United States Attorney for the Southern District of New York Jim Zirin about Former President Donald Trump's testimony in his New York civil fraud trial. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about new polling data that continues to show Trump leads President Joe Biden in several key swing states in a possible 2024 matchup. Co-Founder of the House Freedom Caucus and Former Republican Congressman Mick Mulvaney about Speaker of the House Mike Johnson's role in government funding negotiations in Congress. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: White House Council of Economic Advisers Chair Jared Bernstein about the overall state of the US economy and the latest jobs data. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about what that data means for the Biden administration and the battle on Capitol Hill over foreign aid. Democratic Congressman Ami Bera of California about what bipartisan Israel, Ukraine aid bills could look like. Co-Head of International Practice at BGR Government Affairs Lester Munson about US Secretary of State Antony Blinken's latest trip to Israel. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Bloomberg Government Congress Reporter Jonathan Tamari about the split between the House of Representatives and the Senate on an Israel aid package. The Washington Institute Fellow Michael Knights about the role of Iran-backed militas in the Israel-Hamas war. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the Capitol Hill battle for foreign aid and the Senate's efforts to get around Tommy Tuberville's holds of military nominations. Democratic Congresswoman Debbie Wasserman Schultz of Florida about why she's against cutting IRS funds to pay for Israel aid. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe speaks with: Bipartisan Policy Center Senior Vice President Bill Hoagland about Speaker Mike Johnson's plans to cut funds from IRS to pay for a standalone Israel aid bill. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the role the Republicans in the Senate will play in supplemental spending negotiations.     FULL TRANSCRIPT:     You're listening to the Bloomberg Sound On podcast. Catch us live weekdays at one Eastern on Bloomberg dot com, the iHeartRadio app, and the Bloomberg Business App, or listen on demand wherever you get your podcast. The White House threatens to veto the Republican Israeli Aid bill, as the CBO now says that bill will add to the nation's deficit. Welcome to the fastest show in politics, as we get a first look at the fine print in the Speaker's plan on Israel, even as the President takes his own approach, including money for Ukraine for the border. We'll be joined ahead by Bill Hoagland at the Bipartisan Policy Center with analysis from our signature panel. They're with us on this FED day. Rick Davis and Genie Shanzano weighing in as well on the latest from Washington and Israel. And Welcome to the Wednesday edition of Bloomberg Sound On. I'm Joe Matthew in Washington, where, of course it's going to be all about the FED, certainly here on Bloomberg starting in about a half hour's time, when we'll bring you our special coverage of the FED meeting. The announcement and the news conference. But we have breaking news on Israel that I want to start with today, and I'm glad you're with us here on the radio, on the satellite, and on YouTube. You can always find us on YouTube by searching Bloomberg Global News. The cameras are lit with the headline on the terminal. Biden says some Americans will depart Gaza today. We're just hearing this now from the White House, as the President says American citizens will exit Gaza today and the US expects more departures tomorrow and over the coming days. He also said save passage has been secured for wounded Palestinians and for foreign nationals to exit Gaza. And this is the type of headline that some of his critics in his own Democratic Party have been looking to see, with much more news coming out of Israel and Washington. Here, the Speaker of the House, Mike Johnson, is having lunch today with the Senate Republican Conference. Interesting as we turn to the matter of funding, and this is something we're going to talk about in a moment with Bill Hoagland. We brought this to you yesterday. Speaker of the House wants to split Israel funding from the rest of the supplemental package that the President has put forward, And if you listen to this show, you could probably tell us by now yourself that was going to include Ukraine, the border in Taiwan. Not so, says the speaker who's going to bring that bill to the floor tomorrow. It looks like and it is also expected to fail, so lawmakers are weighing in now. Republicans say this is a way of keeping the governments from spending too much money that we heard from the CBO when we learn it's actually going to add to the deficit. And Senator Ben Cardon of Maryland, who's now chair of the Senate Foreign Relations Committee, says, GOP is playing games with the money. We need to keep this together because it represents the priorities that need to be done. Now, there are supplemental appropriations which were not planned for in the normal appropriation process. There's no need for offsets, and we got to get this dumb without the political parsianship we see in the House. Now that's the chair. The Republican Senator from Wyoming John Barrasso, also on that committee, says, no, this is the way it should be done, and more specifically, pay for it by defunding the IRS. I support defunding the IRS taking that money out of that as a source of payment for the money to Israel. I want to make sure Israel has what they need to fight the war they need to fight. So there you have it from both sides of the aisle. According to the Treasury Department, If that matters to you, those thousands of IRS employees will not be targeting small businesses and regular Americans. In fact, we heard from the IRS Commissionery yesterday said these offsets would end up costing ninety billion dollars in fact, because of less scrutiny on tax evasion at the highest levels of wealth. So much for armed agents knocking down your door. This is where we start with. Bill Hogan, Senior vice president of the Bipartisan Policy Center, spent many years working on Capitol Hill. Knows how the sausage is made and might be helpful here with a reality check. Bill two questions your thought number one on just putting Israel funding alone on the floor, knowing that it likely doesn't have support, but too paying for it with IRS funding, calling it an offset when it's actually going to cost more maybe you can help me rationalize this. Well, thank you for having me, Joe. Again, this is an area where we seems that Republicans like to go to, and that is reducing the IRS budget. We've been here, if you recall back in the spring, when we were dealing with the debt limit, increasing the debt limit, finding offsets. Historically, the scoring on this particular issue has always been that if you have additional money that you provide for the IRS to to carry out their responsibilities, does result in an increase in revenues collected. And so I'm an old CBO or, so I'll be a little biased here, but I think the CBO is right that if you're cutting fourteen billion dollars out of the IRS budget, then you shouldn't expect them the revenues that were anticipated to come in. So I think this is an unfortunate situation. Literally, as we speak here right now, Joe, the Senate is voting on a Center Rand Paul amendment to the Senate Appropriation Bill to reduce the IRS funding and it's going to fail. So I think we'll get over this. And as you mentioned in your comments earlier, I think the House does not have the votes to use the IRS as an offset. This is an emergency. In the past, when we've had emergencies, yes, we don't usually offset let's say disaster spending. And I think this is a critical emergency that I'd like to see it offset, but i'd like to see it offset with real spending reductions as opposed to the IRS budget. Okay, we'll see if that happens. I'm assuming that we won't get that far with this legislation, But does the Senate lead the way here then? Bill they're looking at a combined appropriations bill that would include the money for Ukraine that I know turns off a lot of House Republicans. Well, I think we're probably headed toward a situation Joe here in about two and a half weeks when we're up against another possibility of a government shutdown and the current Continuing Resolution runs out. I think all this is going to get bunched up as it relates to that next Continuing resolution around the middle of November, where we'll probably have a situation where we will have both the funding for Ukraine and I think Israel, but also most importantly, as we keep remembering that the President's request does also include about to a similar amount about fourteen billion dollars, the same amount for Israel for border security here in the United States, for new border patrol agents, new immigration judges and asylum officers and custom officers. So I think where we're headed here is a combination getting up against that deadline in November the seventeenth, when we'll see this coming to a head once again. I think, yes, I think the Senate's going to play a pretty big role here in terms of what they send over the House. I think this is going to be a major test for the new Speaker, and it could lead to here we go again. It could lead to a potential shutdown. But I hope that we can get over this and we can find a solution where we have both the funding that we need here on the domestic side of the equation or our border security, as well as some disaster response. We keep forgetting that the President not only had a request for Israel and Ukraine and border, but he also had something for about a fifty five billion dollars for disaster relief. We still have FEMA problems, we still have such issues, are sorting with the issues around the child Care Stabilization Fund. So we have a we have a lot, they have a lot to do in a very short amount of time. I want you to picture this as we understand. The Speaker of the House is attending the Senate Republican lunch today, CNN reporting, who was flanked by Senators Rick Scott and Ted budd on the way in and did not answer questions. Does this sound like a meet and greet to you or a real conversation about what you and I are talking about? Well, we always have the policy lunches, and I'm not there. I can't say exactly what's going on. But no, I think they have I think the news A lot of senators who do not know the news speaker have not have not met him. This is an opportunity at least to have an initial reaction, But I think they will get down. They'll have to get down to some substant discussions very quickly about where the Senate's headed and where the Speaker wants to go, and what they'll be able to work out between the two two chambers going forward. Once again, I have to believe this is going to come down to no surprise coming from the Bi Parson Policy Center, that you're going to have to find a solution here that includes both Democrats and Republicans. At the end of the day, that may cause again problems for the new Speaker, as it did for mister McCarthy, but this is too important of an issue not to find some quick Biparson solutions providing the aid that Israel needs, that Ukraine needs, and our borders need. We're talking with Bill Hogland at the Bipartisan Policy Center and you mentioned you mentioned the word that I might not have brought up otherwise, and that's shut down. But it's important to note what's not going to make headlines today, Bill, and that is the House Rules Committee taking up Transportation and Housing Bill, an Interior Environment spending bill, along with the supplemental budget request, and I know the Senate is taking up minibus today. There are actually professionals who should be taken seriously who are working behind the scenes to do the real work of the legislature. The question is can they get anything done in time? Do you think this new speaker makes the idea of a shot down more or less likely? Well, I think the Speaker had made it very clear and part of his mode of selection process was to agree that they would the House would pass what we call the twelve regular appropriation bills, and as you say, Joe, they have passed. They still have seven bills to do, the Outstanding and Transportation, Legislative Branch, Financial Securities, Interior, and Agriculture. They still have to do those individual bills. And that's what they're doing in the House, and I think that's what the Speaker said he would do he'd passed those bills individually. Difficulty is going to be that, of course, that's fine, but we have a United States Senate that's also trying to get its twelve bills done and it has not passed any of them yet, and that's why they're bundling their bills into three package, three packages of three, and they'll end up, i think, probably trying to try. They'll have to go to conference and work this out. This is all going to come down once again to another continuing resolution. I don't think there's any question that we're going to have to have a continuing resolution. I think the Senator has made that clear. I think even the House Speaker expects they'll have to have a continuing resolution. And the question will be will be that at as it was back on October, the first, will that be at the current level which caused mister McCarthy some problems. But I see they are working their best just to do the basic funding that they have to do for the current fiscal year that we're in, fiscal year twenty four that began here a month ago. Yeah, it's always great to spend time with you, Bill. Do you think the motion to vacate will be beefed up at all? They're going to raise the threshold on this or is it going to stay the same way it is looming over this speaker? Listen, I'm an oh Senate staffer or not a House staffer. I can't really comment on the rules of the procedures in the House that much. But I have to believe, having spent what twenty one days or so and the chaos over in the House, that they do not want to go through that again. And I think that to the extent that the new Speaker can at least get his twelve individual appropriation bills done and out of the way. He's met at first. He's got over a first hurdle here that allows him to not face the possibility of another emotion to vacate. I just don't believe they want to go through that again. And I could be wrong, but I think that they have a speaker now, they want to work with that new speaker, and we'll continue to work on this. I want of them to remain optimistic that we will get through this difficult time. There are major issues that have to be addressed here, and I hope that we can find a common ground between the House and Senator over the next at least thirty or forty days. Bill Hoaglan, Bipartisan Policy Centers, Senior Vice President, one of our next door neighbors. Almost here in downtown Washington. Great to see you, Bill as we assemble our panel today. Rick Davis and Jeanie Shanzano are back together Bloomberg Politics contributors. Ricky sounds kind of like, you don't ask me about what's going on in that crazy house. I'm a creature of the Senate. But in this case, the Senate's going to loom large over this process. And I wonder if that's why the speaker is at that GOP luncheon today. What do you think they're talking about. Yeah, look, this is a normal courtesy that would be granted to any new speaker. It doesn't have much of a footprint up on the Senate side, and obviously the things that he is doing right now today are having a prety dramatic impact on the Senate agenda. You know, even just bifurcating the supplemental bills with trying to take an independent vote on Israel is upsetting the Republican majority or the minority in the Senate. And so I think it was probably like, hey, we need to get him up here and make sure we set our agendas together. So half introduction, half agenda setting, but frankly, because of the time that we have available, probably later than it should have happened, but obviously an important meeting. When's he going to sit down in the Oval office? Jeni? You hope it is soon. You know, he just hasn't had the opportunity to meet everybody, including the president, even though he is second in line to the presidency. So there should be a meeting and there should be real conversation. You know, he's only been on the job for a week, so it is going to take some time to get up to speed. But those personal introductions are critically important, as is his staffing. You know, the man hasn't even had a chance. He's starting to staff up, but that is a huge challenge. Been a hiring spree in the last twenty four hours. We can talk about that. We just heard from him on the CBO score. That's next. This is Bloomberg. You're listening to the Bloomberg Sound on podcast. Catch the program live weekdays at one Eastern on Bloomberg Radio, the tune in app, Bloomberg dot Com, and the Bloomberg Business App. You can also listen live on Amazon Alexa from our flagship New York station. Just say Alexa, play Bloomberg. Eleven thirty. We just heard from the Speaker of the House, Mike Johnson, for the first time on this new CBO score on the standalone Israel funding bill. This is the one that the CBO said would add almost twenty seven billion dollars to the budget deficit, remembering that it would be paid for by taking money from the IRS. And this is where we're getting some discord here. Fourteen point three billion dollars and cuts to IRS funding that was part of the Inflation Reduction Act. Now, the White House already says that it's going to veto this thing if it reaches the President's desk, which apparently it's not because I don't know the votes in the House. The Senate doesn't like it, and the Speaker says, I guess pay no attention to the fine print. Heerio, you'd be careful, everybody careful. Were you surprised by the CBO's courser, Not surprise at all. Only in Washington, when you cut spending do they call it a are you along in? Only in Washington, when you cut spending do they call it an increase in the deficit. Let's assemble our panel for their take. Genie Schanzano and Rick Davis are with us. The math is difficult to argue with here, Rick, am I missing something? Yeah? I think the political overlay to this right American public here is that the Speaker is trying to cut funding. Maybe a little of that seeps into oh, by the way, it's the irs, and virtually none of that will go to OH. The CBO says that'll increase the deficit. I mean, like CBO doesn't have a mouthpiece like the speaker does. But then there's reality, right, Genie, that's right, And we talked about this yesterday, and so only somebody trying to play political games, and not very effectively, by the way, would try to pull the wool over people's eyes and pretend that they didn't realize that cutting this money to the IRS would actually decrease revenue and increase the deficit. It is a pay for it that doesn't pay for anything. We do need to pay for our spending, but you have to do it in a fiscally responsible and even somebody I don't know, in maybe third grade math, can figure out that when you cut IRS enforcement, you diminish our ability to collect money that the government needs to keep funded. And so Mike Johnson should know that. I am terribly concerned if he doesn't realize that. But I think he realized it, and he's trying to play political games and the politics aside. All thinking people realize this is the reality. It doesn't take a math genius. This has nothing to do with Washington. This is to do with Mike Johnson trying to play political games. Fiscally responsible people don't do this. Just look at Tom Massey, a very conservative guy, who said this is not fiscally responsible. It will add to the deficit. Even Marjorie Taylor Green said the same thing. So you know, he's got to go back to the table on this. Let's find some real cuts for the new speaker so he can move ahead. We know we're in trouble when Genie is quoting Marjorie Taylor Greenrick, I don't know what you want to do with that, but I will point you to the Republican Accountability Project, Rick Davis, what do you think of It's a six figure ad campaign to shame Speaker Johnson over his efforts to overturn the twenty twenty election. This is another part of, of course, the narrative in his first full week on the job, that we're hearing a lot more about the amicus brief that he wrote that would have brought from the state of Texas these results to the Supreme Court. Here's just a taste of this ad. It's gonna be running in primetime on Fox News. Republican Mike Johnson just became Speaker of the House, but he's the last person who should be leading Congress. After Donald Trump lost the elections, Johnson started pushing Trump's big lie, pressuring the Supreme Court to overturn the will of voters in four states and if they go on to call him a danger to our democracy. Rick, I could keep this thing running, but I'm sure we'll all begin and dated by the ad. If we're watching cable news, who's this resonating with? You mentioned the lack of a megaphone at the CBO. Will this get into the right living rooms? Will it make it? Then? I don't get into some I mean they've obviously targeted the right states, you know, Georgia, Arizona, Michigan, Pennsylvania, Wisconsin. I mean, that's where the fight's going to be for a presidential election. And by the way, all of a sudden, we have a new speaker who nobody's ever heard of, which means they don't hate him yet. You know, voters hated Nancy Pelosi, voters hated you know McCarthy. Voters hate our leaders because they have to go through all this kind of negative campaign advertising. And here's this guy Johnson no one has ever heard of. They haven't learned to hate him yet. So this is step one and teaching people to hate, you know, Speaker Johnson. It's critically critically important that the Democrats are able to demonize Republican leadership, and Mitch McConnell's kind of hard to argue with he's doing a lot of business with Democrats these days, so they're gonna have to find someone to be the target. Johnson's time in the barrel is now his time in the barrel? Genie. How long is it going to last? You know, I think it will, it will last. I have long thought that it's really really tough to demonize the new speaker because his personality doesn't really play with that. You know, it was far easier for the Republicans to demonize Nancy Pelosi than it's going to be to demonize somebody like Mike Johnson. His personality is, quite frankly, a lot more like somebody like our former president, a former vice president, rather Mike Pence. And I think that's going to make it tough now or is he going to go through vetting? Are people going to look back at what he's done? All of that is fair game. All of the things that he has said, he hasn't been vetted as most speakers would be, and so a lot of this is new. But I think unless he changes his tone in a distinct way, that demon demonization is going to be hard. But I do think anybody who plays a role in trying to say the twenty twenty election was stolen. That is fair game to say, look, folks, this is who is leading this party. Do you feel safe putting your trust in this party to run the House? I think that's fair game. He's the one who led the charge quietly as he did. Well. When you go big picture, Rick, and you look at that Bloomberg poll that we've talked a lot about with Morning Consult, looking at these seven swing states that are critical, some of which will have that ad running in them, the economy ends up being the number one issue. And is this why no one seems to be dwelling on twenty twenty. Yeah, I think twenty twenty is well. The only person who's dwelling on twenty twenty is is Donald Trump. And the Democrats couldn't be happier about that. That's what they want point. But everybody else is like moving on and Democrats are using a lot of the issues to their success from twenty twenty. We see it in advertisings everywhere here in Virginia for the legislative elections that are next week. Abortion, abortion, abortion right. I mean it was Republicans are going to take away your rights, and so we know where they're headed, and Republicans are talking about the economy, so you know, money's on the economy, and that's where I think the twenty twenty four election will be prosecuted at. That's why Biden's going to Wisconsin to talk about the economy and bringing jobs to rural America, you know, trying to get some of those blue collar jobs back. So you see it playing out in real time. But I would say, you know, shoot your bullets on you know, Speaker Johnson in a presidential targeted state doesn't make much sense. If they think it's going to be Trump, they ought to be shooting at him. How about that. Rick Davis and Geenie Shan say, No, great conversation on what is truly the fastest show in politics today, because we've got a Federal Reserve announcement coming up here, and I want to thank you both for great insights. As always, our signature panel Bloomberg Politics contributors Rick Davis and Genie Shann say, No, I'm Joe Matthew in Washington, where tomorrow it's going to be inflation, inflation inflation, right. Thanks for listening to the Sound on podcast. Make sure to subscribe if you haven't already at Apple, Spotify, and anywhere else you get your podcasts, and you can find us live every weekday from Washington, DC at one pm Eastern Time at Bloomberg dot com See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Brookings Institution Phil Knight Chair in Defense and Strategy Michael O'Hanlon about the ongoing Israel-Hamas war and the US role in any possible peace process. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about the separate plans in Congress for foreign aid and the growth of the US labor movement. Capital Peak Strategies LLC Founder and Principal Alex Zerden about Speaker Johnson's plans to strip funding from IRS for an Israel supplemental aid bill. Republican Senator Rick Scott of Florida about his support of Johnson's plan for a standalone Israel aid package.      See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Global Situation Room President Brett Bruen about the ongoing Israel-Hamas war and the efforts to protect civilians in Gaza. Bloomberg Politics Contributor Rick Davis and ROKK Solutions Vice President Alvin Jordan about Congress' plans for supplemental aid to Israel and the latest from the 2024 GOP Presidential Race. Bloomberg Government Congress Reporter Jack Fitzpatrick about Speaker Mike Johnson's first full week with the gavel. Former Acting White House Chief of Staff Mick Mulvaney about what we can expect from the House of Representatives with Johnson as Speaker. Cornell University's School of Industrial and Labor Relations Director of Labor Studies Arthur Wheaton about UAW's tentative agreements with Detroit's Big Three automakers. Four Corners Public Affairs Partner and former US Department of Commerce Senior Advisor Caitlin Legacki about President Biden's new executive order regulating artificial intelligence. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Chair of the Middle East Program at the Wilson Center James Jeffrey about the ongoing Israel-Hamas war and the potential for further escalation in the region. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about Mike Johnson's first national TV interview as Speaker of the House and a new Democratic candidate for President. Republican Congressman Tim Burchett of Tennessee about Congress' priorities now that a Speaker has been elected. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Ret. Gen. Wesley Clark, former Supreme Allied Commander Europe of NATO, about the ongoing conflict in Israel. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about what's next for Congress now that a new Speaker of the House has been elected. Palm Beach Country State Attorney Dave Aronberg about the legal challenges former President Donald Trump is facing. Wall Street Journal's Paul Beckett about the continued to efforts to secure the release of Evan Gershkovich from Russian prison.     Full Transcript:     You're listening to the Bloomberg Sound On podcast. Catch us live weekdays at one Eastern on Bloomberg dot com, the iHeartRadio app, and the Bloomberg Business app, or listen on demand wherever you get your podcast. The Democratic Leader in the House calls on the new speaker to take shutdown off the table, and Israel conducts raids in Gaza to prepare for the next phase. Welcome to the fastest show in politics with twin leads this day in Washington. After the new Speaker was installed and Hamas now claims Israeli raids have killed almost fifty hostages. We'll talk about the next steps in Israel and the threat posed by Iran. Coming up with retired Army General Wesley Clark, a former Supreme Allied Commander for Europe, with analysis today from our signature panel. They're both back with us. Bloomberg Politics contributors Rick Davis and Gdi Shanzano will be with us for the hour to distill a lot of information from the past twenty five four hours here in Washington. A bit later this hour, a special conversation with the Secretary of the Treasury Jennet Yellen, is with us today in our offices at Bloomberg in Washington. Our bureau chief Peggy Collins will be conducting an interview across the platforms here, the radio, the satellite, and YouTube coming up in just about a half hour's time. So you want to stay with us for an important conversation ahead as we begin on Capitol Hill now, and welcome General Wesley Clark to the conversation. It's good to see you, General, I know you're on Capitol Hill as you join us today from the Russell Rotunda to talk with Senators about threats posed by Iran and our policy towards Iran. I'd like to start by asking you though about the urgency around a supplemental budget request that now there is a new speaker, there's going to be some action on this. In your thoughts on how quickly and what is needed for Israel now, Well, we need the full request that the administration's made, We need it passed as rapperly as possible. And let's not forget it's not just Israel, it's also Ukraine. The two are linked. Russia and Iran are strategic partners, and you can be sure that Vladimir Putin is really happy to see what's going on in Israel. How much he had to do with it, Maybe we won't know for a while, but we know Iran had a lot to do with it. We have to understand that this Both actions are threats to democracy, it's the international order, the rule of law in the world today, and of course obviously to our business community internationally. So we have to keep both in mind when need to get that those appropriations passed immediately. Well, there does seem to be an appetite for supporting Israel in this case general. But there is an argument overfunding for Ukraine, and I know that the Republican Conference in the House is looking to bring an Israel only bill to the floor. What do you make of this argument? Sixty billion dollars for Ukraine with some members saying not another dollar. But the president, as you just put it, is trying to link the two together as a matter of national security. You see continuity between these two requests. They are linked together. Vladimir Putin is working with Iran, Iran's working with Putin. Yes, they're linked, but also understand this, that's sixty billion dollars for Ukraine. Most of that money doesn't go to Ukraine. That money goes to the United States. That's keeping and building up our industrial base to face the challenges of the Middle East, to face future challenges in NATO, and of course to face the challenge of China. We've let our industrial base, our military industrial base, deteriorate over the last thirty years since the end of the Cold War. We allowed a wholesale consolidation of defense industries. We reduced the rates of supply that we need of everything. Is this sort of half step, We've got to put that money into our own base. The appropriations we've already given to Ukraine. That money went to American firms. We just gave them a bunch of old equipment, old ammunition. We need to keep that system alive and strengthen it for the challenges ahead. That's why putting Ukraine in that appropriations bill is so important. Well, there's so much to talk about here general. We talk about the DIB here on the program, the defense industrial base that you're referring to. This goes for Israel as well, And I think that's your point, right. If we're going to be making missiles to replenish the Iron Dome, for instance, we do not have a manufacturing chain, according to companies like Raytheon to make them fast enough. How do we accelerate that process? Does this supplemental request? Do it supply and demand put the money into it. The companies will respond, but without that funding, No, if they can't hire the people, invest in the capital goods that are necessary create the supply chaange. No, they have to have contracts, and these are multi year contracts procurement contracts by the Defense Department, and that requires a funding. So it's very simple, and it's if you don't do it now, who knows what's going to happen in twenty four, twenty five, twenty twenty six, twenty seven with Taiwan. So all of this is linked. You can't artificially separate it. Well, are you hearing that message received on Capitol Hill today? I trust you're talking with members of both parties. I know you're briefing senators today on our Iran policy. What do they say to you about this matter, the supplemental request and the need for a more streamlined and enhanced manufacturing chain. Well, I think they're all generally in support of this. In the United States Senate, the question is the House, and there's a lot of let's say, misunderstanding in the House about what the funding for Ukraine actually does and why it's needed. And hopefully this can become something that can be corrected by information and not just sort of a partisan tagline. But the big thing up here today is Iran and what we're going to do about Iran. You know, we've tried for forty years to work with this government in Iran. We've pulled on it, pushed on it, we've appeased it, we've patted it on the back, we've sanctioned it, we've threatened it. Nothing changes the direction of this Iranian government. They use terror and murder at home and abroad. They want regional dominance. They've destroyed the state of Lebanon. They've built a huge military complex and they've forward positioned it through his Bilah ready to attack Israel. Look, this crisis in Hamas brings this to a head. Can't appease this government in Iran. It's time to let the Iranian people have a government that represents them. And that means we, the United States, stage and our allies need to delegitimize the Iyatolas, get rid of them in international organizations, cut off their access to funding, sanction individually, get after their families, stop this government from having control over its people. Doesn't take a war, don't want an invasion. But if we keep going the way we're going, Iran is going to provoke a war in the region. And that's the day. Well, I'd like to ask you more about that. Let me first ask you about the Biden administration's repeated message that there is no actual evidence that Iran was directly involved in or helped plan or fund the Hamas terror attack. Do you need to see that evidence or is that kind of missing the point in this conversation. You're pointing to a long history that the administration is also acknowledged, but without that evidence to put the two together, the presidents seems to be a bit tied up on this. Do you think, well, I think it's I think it's what the administration's appetite is for acting in many different directions at once, and what the capacity is Washington typically is a one crisis at a time town. And you know, we've got a crisis right now. We're worried about what Israel will do in Gaza, will they have the support they need? What about his law and what I'm suggesting is you've got to go to the source, and the source is Iran. Now is it the immediate source? Did the Iranians tell the Hamas people on this specific day, I want you to go out this specific gate, come in with these paragliders, kill these people. No, probably not, But we do know have evidence that they trained a bunch of Palestinian fighters as late as September. We know there are meetings that have been held. Do we know what's said in those meetings? Well, not at the unclassified level, and maybe we don't even know at the most secret level. It's a question of how the administration sees its way through the crisis. And what I'm suggesting is that you have to be able to do more than one thing at a time. You've got Ukraine, that's a critical at a critical state right now. They need sustainment and they're facing a really tough Russian attack. In the northeast, You've got Israel and Gaza, and then you've got the region, and so in the region you have to understand the source of these tensions. It is Iran. And there's nothing like a crisis to bring on a path to a resolution. And in this case the resolution is to delegitimate that government in Tehran. There's talk about a second or third front opening. I know that's a great fear of the administration and the Pentagon general, But when you look around, we've already seen incursions repeatedly to the north. We've seen attacks against US military installations in Iraq and Syria. We've seen an American warship intercept cruise missiles from Yemen. Are the second and third fronts already hot? Is this already happening? Well, let's put it this way. They're warming it up. But I don't think the decision has been made by the Ayatolas to really open up the northern front yet. It's it's nuisances right now. Yeah, they're killing people, they're firing, but they haven't really committed. They want to wait and see what Israel is able to do in Gaza, whether it's so deeply enmeasure in Gaza that it can't defend itself from the north, whether the whole world turns against it because of the need to bring heavy firepower in an urban area to dislodge Hamas, if they can bring world opinion totally against it, isolate the United States and Israel. If they think the Israelis can't protect themselves from all three directions at once, then maybe they will unleash his blow. And they haven't made that decision yet, as we can tell publicly. General, while you're with us, I want to ask you about the matter of military readiness in the blockade on military promotions in the Senate. You might have even spoken with Tommy Tubberville today, but there's a new effort that Democrats are making to send a resolution to the Rules Committee that would allow three hundred plus promotions that have been held up to all go to the floor at one time. Would you support that movement? Is it set a bad precedent? Oh? I think it's essential at this point. Look, Senator TULLVERRLL has made his point. Everybody understands where he stands, what he stands for, that he's a man who's willing to fight for what he believes in. Okay, enough is enough. Let's get on with getting these military leaders and their families and their right positions and preparing for the challenges that are on our doorstep right now. There's no time to waste on this. Is it impacting our readiness? There's no doubt about it. Have you talked to Tommy Tubberville to let him know your thoughts. Well, I haven't talked to him on this. No, I'm one of many in the retired general officer ranks who's watching this very anxiously. I'd be delighted if he would call me and ask me for some his assistance or advice on it. He's got to back his way out, and he hasn't been willing to do that. But you know, he's a senator. He's do his respect, and he has the right to put a hold on nominations. But enough's enough. Let's get on with the business of the United States government. You've been generous with your time today. General. I wonder lastly, as you're speaking with senators, are you also talking to the administration about policy toward Iran, next step, sanctions, whatever you think the next step should be. Well, I talk to anybody who will listen on this. This is a looming crisis that we've seen coming for some time. And you know, there's an odd thing about Iran. When things are quiet and they're not attacking our troops and there's diplomacy going on, people say, well, don't worry, so much about it. Us don't shake the tree, and then when there's a crisis, people say, oh, this is a crisis. This is no time to reach in to change the policy. And so we never seem to want to move past what's been forty years of fruitless efforts one way or another to engage with this Iranian regime. It is time to recognize that this is an illegitimate regime and get it out of international legitimacy. General Wesley Clark, we appreciate the time and the insights today on Bloomberg. Thank you for joining us. This is Bloomberg Sound On. I'm Joe, Matthew and Washington. As we assemble our panel here the day after we got a speaker. Rick Davis and Genie Shanzino are with us now, Bloomberg Politics Contributor's great to have you both here. Genie, what's your thought about what we just heard? Because the General sounded a lot like Rick Davis, to be honest with regard to Iran. This is, of course a man who ran for president as a Democrat. Is there a daylight between what he's saying and what we're hearing from Joe Biden? Yeah, I mean it's a fascinating conversation because I do think there is a divide in the Democratic Party on this, and there has been for some time. You know, we can go back to Barack Obama's approach to Iran, but you can go back even further, and I think he is echoing what is a sort of in the momentum continuing to gain hold, which is that efforts to what some people describe as a peace or some people describe as contain I mean, there's a lot of different adjectives you can use. Iran simply have not worked, and what has happened since October seventh, but even earlier is proved positive of that. But the problem is there is very little agreement on where to go forward and how to go forward. I mean, shared Brown's view on what the Banking Committee alone should do on Iran is fascinating and shows this divide. So there's a necessary conversation, and you were just having a really key part of it with somebody with very strong views on this. Yeah, what do you think, Rick, what should the next move be for the Biden administration? The generals on Capitol Hill to sound the alarm today? Do they need to move past the idea of finding evidence that links Iran. I mean, the general's talking about shutting this down, even going after their families. Yeah, I think it's parsing that's actually just going to make them look weak in the eyes of the American public. You know. Look, I mean, Ran has been a horrible influence in the region around the world for as long as the Iatola has been running it, and we've allowed that to sustain itself. We're afraid of the development of their nuclear weapons. We don't want to get in a scrape with them in the Middle East, and yet they dictate all the terms that occur there. I mean, the reason that this is all happening is because through US efforts to normalize relations between Saudi Arabia and Israel, they put a kebash to it, and and so like, who's not surprised by all this? And and this naivete within the Biden administration that they can somehow do business with Iran but let them be a pure and interest in the region is absolutely insane. They've got to rationalize this to us in their relationship with Iran in a way that is absolutely clear to the American public, which is Iran's the enemy. They've always been the enemy. They're always going to be the enemy. They don't have the same views around the world, values that we all hold dear on human life. And just look at what they've been able to accomplish in the region, you know, supporting Hamas, supporting Husbala, supporting Syrian Islamis. I mean, it's it's there's nothing positive about their conduct whatsoever. So let's quit saying, oh, well, there's no direct evidence that they pulled the triggers. It's a little bit late for that. We'll have a lot more with our panel, Rick Davis and Genie Shanzano. We haven't even gotten to the matter of the speaker race. The new Speaker of the House, Mike Johnson making waves already today in Washington and meeting with Biden administration officials about avoiding a shutdown. We're going to get to that next with Rick and Jeannie on the Fastest Show in Politics. I'm Joe, Matthew and Washington. Thanks for being with us on the radio, on the satellite, and on YouTube. Search Bloomberg Global News to find us. This is Bloomberg. You're listening to the Bloomberg Sound on podcast. Catch the program live weekdays at one Eastern on Bloomberg Radio, the tune in app, Bloomberg dot Com, and the Bloomberg Business App. You can also listen live on Amazon Alexa from our flagship New York station, Just Say Alexa play Bloomberg eleven thirty Live from Washington with breaking news on the new Speaker of the House. It's the first full day on the job for Speaker Johnson. Meeting with Biden administration's administration officials. Easy for me to say on the big funding request we were just talking about with the general here, bipartisan briefing with congressional leadership. This is the first time the Speaker is interfacing with the Biden administration as the man who holds the gavel. And it's coming less than twenty four hours after the big celebration on the steps of the House after he made the grade. He was joined by all the members of the Republican Conference and it was a LoveFest. We're going to act consistently. We're going to exhibit two things here, trust and teamwork, and this group will deliver for the American people. I said it in the Chamber and I will say it here. We're going to govern well, We're going to govern well endorsed by everyone else who wanted to get the job, including Steve Scalise. You know, if you think about what's happened these last three weeks, while a lot of people outside of Washington and talk about dysfunction, this great group of men and women behind me have been talking about how to fix what's broken in Washington, and so this was really good for everybody. Ask Tom Emmer, this is like the best time he ever had. I guess remember you had the nomination for I think four hours. From an outside point of view, these last few weeks probably looked like total chaos, confusion. Oh, I don't no end in sight. But from my perspective, this is one of the greatest experiences in recent history, in the recent history of our republic. We couldn't have planned it better. Let's reassemble the panel. Rick Davis and Genie Shanzey no Bloomberg Politics contributors. Haven't heard from either of you yet. Can't wait, Rick, what do you think of our new Speaker of the House? Well, I'm holding my breath. Is he a member of the Vote No Hope, Yes Caucus? He voted against Ukraine funding when all three of those people McCarthy, Emmer and Scleeves voted yes. What kind of leadership is he going to give if he's opposing those kinds of things? I don't know. I'm very nervous that we've got a deadlock house of representatives. It's only going to make bad look worse. Wow. Joe Biden was asked about him yesterday, Genie. He was in the Rose Garden with the Prime Minister of Australia. The question pretty obvious for this president, knowing that this is not only an election denier, but someone who actually wrote the amicus brief in the Texas case to bring this to the Supreme Court. Here's how it went to the White House. If you win reelection in twenty twenty four, are you worried that a Speaker Johnson would again attempt to overturn the election? No? Why not? Because he can't? Look just like I was not worried that the last time I'd be able to overturn the election. They have not sixty lawsuits and all the way to the the Supreme Court, and every time they lost. I understand the constitution. Do you share his Confidenie? Well, I applaud Joe Biden, Unlike Mike Johnson for answering the question, because of course, yesterday when Mike Johnson was asked the question he was it was Virginia Fox. I think who said shut up, shut up to the report. So you know, he's a constitutional lawyer described as a constitutional scholar, but he does not want to get up there and answer questions. So thank you to the President for answering. The President seems confident. I'm gonna go with Rick and say I'm holding my breath on this aspect of it, you know, Mike Johnson, and I'm so glad you raised that amicus cure I brief. It's one of the most confounding things that he would write the brief to help the disgraced Ken Paxton try to say that Texas can overturn the votes of four other states, something that even the hardliners on the Supreme Court found so baffling constitutionally that they didn't even take the case. And that is Mike Johnson. We don't know how he's going to behave and as speaker, he may turn out to be a great speaker. We simply don't know. But the reality is we know what he's done before, and that is lead the effort to vote to overturn the twenty election, defend Donald Trump, and also support Ken Paxton in the ridiculousness of Texas overturning other states votes for the presidency. Rick, we only have a couple of minutes before our sit down conversation with the Treasury Secretary. How concerned are you that every member of the Republican Conference voted for an election? Denier? Yeah, look, I think it's a it's a bad form. I'm shocked that Emmer didn't press the point of actually having a floor vote for his own Speakership candidacy. Frankly, I suspect a bunch of Democrats would have voted for him, because in retrospect you look at that and say, gee, we could have had Emmer. Democrats are going to really pay a price for for not having the opportunity to put a reasonable Republican in the seat who actually believed the elections weren't flawed. So this has been a horrible three week period for the Republican Party. I think the onus is going to be on Speaker Johnson to try and write that ship. Nothing in his background indicates that he has the ability to do that. So this is a real test by Fire. You're listening to the Bloomberg Sound on podcast. Catch us live weekdays at one Eastern on Bloomberg dot Com, the iHeartRadio app, and the Bloomberg Business App, or listen on demand wherever you get your podcasts. Then there's the former president, who, in these wild times we've really only been talking about through the guise of the speaker race. But this is Donald Trump, who's been in court every day lately to talk about the value of his company or face off with Michael Cohen or whatever might be happening. Ye did you see he took the stand yesterday? I did. This is incredible. Now we keep seeing him in the lobby and people are asking questions about yesterday, violating the gag order in this case New York curious where with respect to what very no any other questions, any other questions. They're trying to figure out who was he talking about? Who was he disparaging because he goes in there and he just you know, he lobs, spitballs at everybody and talks negatively about the judge, about the prosecutor in this case, though the judge issued a ten thousand dollars fine for what is Donald Trump's second violation of a gag order in the civil fraud trial against him New York State and called him to the stand, asking him to talk about what he meant with these remarks. Immediately told him he was not credible. Sit down. Here's a ten thousand dollars fine. Yeah, and as you said, this is the second fine, because last week he was fined five thousand dollars for violating disorder. This is incredible. We kind of knew Joe right that this is the former president we are talking about. We know how open he usually is with his commentary. And when all of these either restricted gag orders or you know, different judges doing different things, it was a question, how are you actually going to enforce that? And I guess we're seeing it enforced in this case. But there's many others to consider as well. Well. There are a lot of others. And that's why I can't believe we have Dave Ehrenberg in Washington and at the table with us. You've heard him, you've seen him on zoom and the Palm Beach County State Attorney is with us in person. What a treat. It's great to see you. Welcome to the Capitol. It is great to be with you. Both guys are too good looking to be on radio. Well that's why they're on YouTube now too. My god, Yes, we're doing everything with you today. It's great and thanks for coming. My gosh, your thoughts on the gag order? Here? Will this be kind of a weekly Obviously ten thousand dollars is not a matter for Donald Trump, but to be kind of spanked publicly by the judge like that is remarkable. He got up and left. He walked out before the session was over. I think he gets under Trump's skin like this case, whether it's a gag order from a judge he does not like, or for the valuation of mar Lago at between eighteen and twenty eight million, which is really way below market value. It cuts him to the core to have to see what's going on there. Even though this is not a criminal case. He will not be sent to jail for this case, but this one is personal for him and as far as what the future punishments will be for him if he continues to violate the gag order, I think the judge will continue to find him increasing amounts of money. It's ten thousand dollars this time, maybe the next time he will be fifty and then on. But I do not expect this judge to sentence him to jail for contempt because after all, it's a civil case, not a criminal one. Well, and it is a civil case, so are we just going to see him stop showing up. He's not mandated to be there in the room, right correct, Unlike a criminal case, he does not have to be there for this civil trial. But he has his own reasons. He wanted to glower and Michael Cohen. He really hates his former lawyer. He wants the optics of looking like he's the aggrieved individual here. He wants people and his party to believe that somehow he's entitled to a jury trial and the court wouldn't give it to him, when it's really his own lawyer, Alena Haba, who forgot to check the right box. So he only has his own lawyers to blame. But nothing fuels Maga like grievance and martyrdom. That's why he's showing up and just having a blast talking to cameras every day. But to be called to the stand like that, it was like, you know, the troubled student called at the front of the class to be scolded. How often are we going to see that type of thing. The idea of Donald Trump ending up on the stand might suggest it's not always wise to show up when you don't have that's right. You know, he can end up in a perjury trap himself, and so it's not always a great idea. But look, lawyers can't control their own defendants, especially defendants their clients like Donald Trump. Donald Trump wants to be there, he will be there, and he has other motivations. It's about the optics. He's the leading candidate for president, and he wants people to believe that I am aggrieved. I could be in Iowa right now, but I have to be here, when in reality he was missing a golf match by being in court. Excellent, But it's all about show. Yeah, well, we definitely know that for sure that the former president does have a reputation for being quite a showman every day. This is how he operates. And as we were just alluding to, this is just one case that he is facing, and it's a civil case. He's facing a multitude of criminal cases as well. And the one I think that has been the most interesting over the course of the last several weeks is Georgia the racketeering case. There's now been what four plea deals, some high profile including Jenna Ellis, Mark Sidney Powell, Mark Meadows, Scott Hall. Do you think this is just dominoes that are going to fall one by one? How do you think this is going to play out? I think there'll be more defendants copying the plea. They're going to get FOMO. These other defendants, I fear a missing out. And there's what fourteen others here that we are considering. Look at this. If you're on YouTube, you can see all the mugshots that got them in two different columns. Now, yeah, see, I'm guilty, all not guilty. All those folks in the right, they all have FOMO. They are worrying that the longer they weigh, the worst the deal will get. Right now, the folks on the left, if you're on YouTube, you can see the four of them, they got plea deals with no jail time. They were facing years in prison. But first one in is the first to win. That's something defense law is like to say. If you get in first the prosecutor's door, you get the best deal. But that door is closing soon and I anticipate that future plea deals. Maybe not yet, but pretty soon they'll start including incarceration. Wow, what do you make of the Meadows deal? Specifically, as compelled as I am to talk about Sidney Powell at any turn, the idea here, and we've heard a lot of people suggest this, including Chris Christy yesterday, of course, a former prosecutor. You don't just cut a deal with the chief of staff who was clearly involved in this and may well deserve to be punished for his role that he played unless he's really got some important Was that the deal that closes the walls in on Donald Trump? Well, we don't know. Joe Weather Mark Meadows cut a deal with prosecutors other than receiving immunity to test why before the grand jury. So apparently he spoke to Jacksmith's team three separate times this year and test why before the grand jury. You cannot force someone to self incriminate unless you give them immunity at the grand jury. That's what happens. So they call him before the grand jury, they say we're going to give you immunity, and then he testifies truthfully. But as far as weather he entered into a non prosecution deal where I will be a cooperating witness in return for your not prosecuting me. That's not clear. It's be up to ultimately Jack Smith and Mark Meadows whether it goes that far. But right now I'm just thinking he just tests by before the grand jury got immunity for his testimony, and I can't extrapolate beyond that. That's really something we should clarify. That is the January sixth case here in Washington, And I'm actually curious the Sydney and the others you mentioned in Georgia, Kayley, are they also talking to Jack Smith at the same time. There's no indication that Sidney Powell is talking to Jack Smith, but it looks like Mark Meadows people wanted us to know that he was talking to the grand jury to Jack Smith for whatever reason. Now what's interesting is how does Fannie Willis take this. Fannie Wills has got to be concerned that she really should not try to use the information that Mark Meadows gave to Jack Smith under immunity against him in the state case, because then there are some complex issues of whether state proscuers can feed off of the information where he was grand immunity. There was an Oliver North case, you remember that guy. He was ultimately cleared or at least found the case was thrown out against him because of those types of issues. So proscuers are very careful. So I think what's going to happen is she's going to continue to go after Mark Meadows, who is an indicted individual in Fulton County, based on the evidence she accumulates, not on the evidence that Jack Smith gives her. But overall Marcmetto's aside with the other plea deals that have now been entered, her job is getting easier, not harder, generally, right, It is definitely getting easier when you have a number of your co defendants flip because nineteen co defendants, that's very difficult, and in a reco case that takes months to try. What was going to happen is you had two people, cheesebro and Sidney Powell, who requested speedy trial. They were going to be tried first. They were going to give Donald Trump a dress rehearsal. They were going to expose the state's arguments. It was to Donald Trump's benefit. But now they're out of the way. So not only does Donald Trump not get to see an advanced copy of the prosecution. He also could be tried before the election. Had the others been tried first, it would have pushed his case beyond the election. But now there's no one to wait for. That's incredible and something that we have to remember with, you know, as we juggled for indictments. With all of that said, you consider his life over the next year as he's running for president. Made the point, Hey, I wish I could be in Iowa, but I'm here in court on some days. That might actually be true. And his campaign will need him to be in certain places. How much flexibility will he have to actually run for president while he's managing all these That's a really good question because we don't know the schedule yet. I do believe the case that will happen before the election is the case in DC that we've been discussing Judge Chuck, and she's not fooling around, and that case from Jack Smith is built for speed. There are no other co defendants. There are unindicted ones, but not indicted ones. There are only four counts against Trump. Because Jack Smith wants that to happen before the election, and I think it will so can he campaign fully while being put on trial? I don't know, but I don't think. I'm not certain that the other cases will happen before the election. I think because of the plea deals now, it's a better chance the Fulton County one happens before the election. But I think the strongest case against Trump is the one in my neck of the woods good Documents case. They got them dead to rights there. But you got Judge Cannon, who's not quite Judge Chuckan. She's new, and she is slow walking this thing. And I think that case is going to get pushed beyond the election. And if we're saying then beyond the election, he very well could be president at that time, right, So how would that? Does that mean that this case just never gets tried? To feel like that's where we get into really murky waters? Are you now having a sitting president of the United States on trial? Oh? I don't think it's a murky firm at all. I think that's his only defense, that he has no defense to the document's case they got him. His only defense is become president and then order his Department of Justice to drop the case. That's what he'll do, and the case goes bye bye. The Trigckier one is what happens if he's convicted in Atlanta or in New York, which also could happen for the election itself. In the state case, he can't pardon himself. You know what will happen? So if becomes president and he's convicted or they keep trying to prosecute him, he'll say, Okay, New York, Okay, Georgia, I'm surrounded by my secret service here in the Oval Office. Come and get me. Yeah, who will be a constution crisis to say that the reality continues? Is it wrong? I'm admiring the lapel pin, the badge. I don't know if people can see that, probably not on YouTube. Is it wrong that I want one of those? Does that make me a herschel walker? Is that? Is that like a state attorney's How do you get that? You can't get this in a costume store. You've got to get elected state attorney at one of these days. That's so cool. Now here's the here's the insider tip there. We exchange them with each other. So this is actually someone else's tell me it's funny, Willis's. This is Tim Cruz from Massachusetts looking at it. Hey, my friend, no kidding, Republican to Massachusetts. I love that. Dave Ehrenberg, what a treat to have you in Washington. Get home safe, good luck here in the Capitol. I'm Joe Matthew with Kayley Lines. This is Bloomberg. You're listening to the Bloomberg Sound on podcast. Catch the program live weekdays at one Eastern on Bloomberg Radio, Tune in alf Bloomberg dot Com, and the Bloomberg Business App. You can also listen live on Amazon Alexa from our flagship New York station, Just say Alexa play Bloomberg eleven thirty. As we head for Bloomberg BusinessWeek, we want to bring you an important conversation with Paul Beckett. You might have heard him a couple of months ago. Join us on Bloomberg as the bureau chief of the Wall Street Journal here in Washington, DC, and Kayley. As I said earlier, it's not too often that you see Bloomberg and the WSJ making news together here. But it's important because he's not actually the bureau chief, at least not at the moment in Washington. He's become assistant editor of the journal dedicated the efforts to secure Evan Gershkovic's release. And it's Evan's birthday, ye thirty two years old, his two hundred and eleventh day of incarceration, as I read on the Wall Street Journal. And it's always an honor to bring Paul back on the air. It's good to see you, and thanks for coming across town to say hello to us. If you're with us on YouTube, see Paul's pin that says free Evan that I suspect you're wearing everywhere right now. And I just wonder if you could give us an update on his situation, what you're hearing from him when the last time he spoke, thank you so much. He is in decent shape, but in decent shape in a Russian prison where he's been for two hundred and eleven days. As you mentioned, he spends a great deal of that time in isolation. He's given one hour in the prison yard each day. He's working very hard to keep himself in shape, both mentally and physically. But we really just see this stretching on far too long, and we hope everything can be done to bring him home. Yeah, what's his degree of optimism and your degree of optimism? That his incarceration there is going to end anytime soon. This will end with the negotiation between the US government and the Russian government, So we would just like to see more action taken. At the moment, his pre trial attention will last until November thirtieth. They have twelve months to keep extending that detention, so that would put it into the spring of next year. But it's so opate. We don't even really know when you'll go to trial and what happens after that, so it's very murky, and that's the dispariting part. So is this a diplomatic solution, a prisoner swap, or is it actually infect a legal resolution that you're hoping for. One of the ways it will happen, and probably the most likely, given what's happened in the past, is through a prisoner swap. He has been accused of very serious espionized charges, which we of course will say to the end of the earth are completely false, but he will probably go into the Russian statement. So far, I have to go through that trial before the meaningful negotiations can take place. We hope to circuit that process, but in the mists ahead, that's about all we can see so you suggested you would like to see the US doing more here to push this What kind of conversations are you having with the Biden administration with those in government who may be able to help push this case. How committed do they seem to Evans? Cause? President Biden met with Evans family at the Whites correspond Association dinner and made a promise there to bring Evan home. So that's something that they have been relying on that we have been relying on for action. We can't see everything obviously that the government is doing. The public statements have been encouraging that this is a top priority, but we just want to make sure that it remains there. Boy, can you describe the conditions that he's in there? We spoke last time about the facility that he was staying and is he still there? Is he around other people or is he isolated? He's in the the forte of a prison Maxicmum Security Security Services prison in Moscow. We think he's in okay shape. We have lawyers that go in to see him once a week. He's had a few visits from the US ambassador to Moscow. So from what we can tell, it is he's reading he's meditating, he's exercising when he can, but it's a lot of work in the circumstances are awful. I'm sure is there anything that the journal is doing as well? For those journalists who are not currently incarcerated in Russia but still have to do the kind of work that Evan was doing and that he is now being essentially punished for. What do you do to make sure that others don't end up in the position he is currently in. Well, we are actually trying to be helpful in a position of another reporter who is in a similar circumstance. Alsu Kumasheva from Free Europe Radio Liberty was detained in Russia recently. So the extent that we can our experience can be helpful to them, then of course I'm more than happy to engage on that. I think overall, what you're seeing is a real stifling of what little free press or independent press there was in Russia. So so many reporters now have to cover Russia from outside, from Warsaw, from Berlin, from Dubai, from wherever they can, and it's just not the same. We're spending time with Paul Beckett from the Wall Street journal who is working to secure Evan Gershkovich's release as people consider what he's going through right now, and more broadly, what journalists are facing on a daily basis. Here we've got journalists in very dangerous places and it could get a lot more dangerous, for instance, in the Middle East. Does it change policies at the journal and the way that you look at deploying reporters around the world. We've always, as I'm shore Bloomberg, has put the safety of our reporters first absolutely. In spite of having very strict protocols, bad things will happen, and to some degree is the nature of the business. You do see a increase in violence towards harassment of and targeting of journalists around the world. We've seen it recently in the Middle East with sim Abdallah, the writers Yes reporter in Lebanon who is monitoring a live feed and he was killed and several other reporters were injured when that location was hit by a missile. So it is very dangerous days for reporters out there, and I think sometimes press can be an easy punching bag. I think it's a moment to reflect on how many people do extraordinary things to bring us. A news producer, Matt reminds us Kayley thirty four journalists killed in a line of duty this year. So far this calendar year, five hundred and ten journalists are detained as we speak, and Evan, of course, is one of them. Obviously, I know communication reaching him in a communicative way is probably immensely difficult. But if you had one message for him on what is again his thirty second birthday, could you share that for us. We're doing everything we can to make sure he doesn't spend his thirty third birthday in jail. How often, if at all, does the journal does his employer get to speak with him or is it through his lawyers on that weekly basis that you referenced, that's the chief point of contact. We have letters going in now. His family write some letters, his colleagues write him letters, and in those letters they try and fill him in on what he's missing the world. I think that's the messages that he wants to hear. He is a huge arsenal FC fan. He wants to hear they're doing. His sister sends him celebrity gossip to keep him up to speed. Anything that will boy, his spirits during such difficult time and his strength there is an inspiration to all of us doing well. I want you to know how much we respect the role that you've taken on there. You were the Washington Bureau chief, which is a very proud position, and the fact that you're doing this full time to secure his release is honorable and we thank you for what you're doing. There's not a lot that we can do here, I think, Kaylee. Other thing keep talking about this and keep reporting on it, and Paul, that's the pledge that we'll make to you, So stay in touch with us. Greatly appreciate, great, Thank you by so much. Thank you for the all Beckett from the Wall Street Journal with us here on an important conversation on the thirty second birthday of Evan Gershkovich, Joe Matthew and Washington along with Kaylee Lines. Thank you so much for spending time with us on the radio, on the satellite, and on YouTube. We certainly learn a lot today, as always, Kaylee, and we'll be back with one more of these. Tell me it's real. Tomorrow is Friday home stretch check on a working weekend. Right, We've got a speaker. We got some things worked well, don't Chinxit now? Fuh fair enough with Kaylee, I'm joke. Thanks for listening to the sound on podcast. Make sure to subscribe if you haven't already, at Apple, Spotify, and anywhere else you get your podcasts, and you can find us live every weekday from Washington, DC at one pm Eastern Time at Bloomberg dot com 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Treasury Secretary Janet Yellen says she sees the makings of a soft landing for the US economy based on the latest economic data. She spoke about the state of the American economy in a fireside chat with Bloomberg Washington Bureau Chief Peggy Collins.  See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg White House & Politics Reporter Gregory Korte, Reset Public Affairs Partner Lisa Camooso Miller and Third Way Executive Vice President for Policy Jim Kessler immediately following Rep. Mike Johnson being named Speaker of the House. PIMCO Head of US Public Policy Libby Cantrill about how the market will react to the new Speaker. Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch about the US response to the Israel-Hamas war. See omnystudio.com/listener for privacy information.

 Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Former Republican Congressman Denver Riggleman of Virginia about the newest, and now former speaker-designate for the House GOP. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about a possible third party disruptor in the 2024 Presidential Election. Democratic Congressman Sean Casten of Illinois about what viable solutions exist to resume the work of the House of Representatives. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Congressional Reporter Billy House about the Republican congressmen who are now vying for Speaker of the House. Pangea Policy Founder Terry Haines about the week ahead for the House of Representatives as the House GOP meets Monday night to decide on a Speaker candidate. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about dysfunction in the House while the US government responds to war in Israel and Ukraine. Bloomberg Government Congress Reporter Jack Fitzpatrick Co-Founder of the House Freedom Caucus and former Congressman Mick Mulvaney about President Biden's supplement aid request for Israel, Ukraine and other funding priorities. Foundation for the Defense of Democracies Senior Fellow Craig Singleton about the state of US-China relations. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg News Congress Team Lead Megan Scully after Rep. Jim Jordan loses a third vote for Speaker of the House. Democratic Congressman Dan Kildee of Michigan about the current state of the House of Representatives that remains without a Speaker. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the chaos in the Congress and President Biden's Oval Office address on Israel and Ukraine. Former Commanding General of US Army Europe Lt. Gen. Ben Hodges about the ongoing Israel-Hamas war. Former US Ambassador to China and former US Senator from Montana Max Baucus about the relationship between China and Russia. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this special edition from Bloomberg CityLab's 2023 event in Washington DC, Joe speaks with: City of Fort Collins Mayor Jeni Arndt about the effect the housing market and rising utilities prices has on people in her city. City of Cincinnati Mayor Aftab Pureval about closing the racial wealth gap in his city. Morning Consult US Politics Analyst Eli Yokley about a new Bloomberg News and Morning Consult Poll that show former President Donald Trump leading President Joe Biden in several key swing states in the 2024 General Election. City of Scranton Mayor Paige Cognetti about how inflation is affecting people in her city. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Bloomberg Politics Editor Laura Davison as Rep. Jim Jordan fails to win the gavel following the second Speaker of the House vote this week. Democratic Congressman Seth Moulton of Massachusetts about what's to come for his chamber of Congress. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Davis about Congress potentially elevating the role of Speaker Pro Tem Patrick McHenry and President Joe Biden's trip to Israel. PIMCO Head of US Public Policy Libby Cantrill about what's next now that Jim Jordan has lost a second vote for Speaker. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Republican Main Street Partnership President and CEO Sarah Chamberlain about a splintered House Republican conference. Reset Public Affairs Partner Lisa Camooso Miller and Third Way Co-Founder Matt Bennett about what's next as Rep. Jim Jordan doesn't secure enough votes to win the gavel. Sabato's Crystal Ball Managing Editor Kyle Kondik about if Jordan still has a chance to become Speaker of the House. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg White House Correspondent Jordan Fabian about President Biden's response to the Israel-Hamas war. Mitchell Institute for Aerospace Studies Dean Lt. Gen. David Deptula (USAF, Ret.) about the complexity of military operations in Gaza. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the potential of a Biden visit to Israel. Co-Founder of the House Freedom Caucus Mick Mulvaney on Rep. Jim Jordan's push in the Speaker of the House race. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.   On this edition, Joe and Kailey speak with: Chair of the Middle East Program at the Wilson Center, Former US Ambassador to Iraq, Turkey, and Albania, and Former-Deputy National Security Advisor James Jeffrey talks about why Israel will go into Gaza. U.S. Rep. for Virginia's 6th Congressional District & Member of the Freedom Caucus Ben Cline says he backs Chairman Jim Jordan and believes there is a consensus. Bloomberg Politics Contributor Jeanne Sheehan Zaino & Former Director of White House Legislative Affairs, former Chief of Staff to the House Republican Conference Marc Short discuss political support for Israel and the House speaker saga. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Bloomberg US National Security Team Lead Nick Wadhams on US Secretary of State Antony Blinken's trip to Israel. US Army Retired Brigadier General Mark Kimmitt about a potential ground war between Israel and Hamas and instability in the Middle East. Steer PR Partner Lauren Tomlinson on the latest developments from the Middle East and Capitol Hill. Republican Congresswoman Nicole Malliotakis about her conference's challenge to choose a new Speaker of the House. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino about the GOP conference selecting Rep. Steve Scalise to be their nominee for Speaker of the House and the likelihood Scalise can secure the majority of votes now needed to become Speaker. Maj. Gen. Arnold Punaro (Ret.), former Commanding General of the 4th Marine Division, about the ongoing Israel-Hamas war and the ability of the US defense industrial base to support the Israeli war effort. Former Republican Congressman and GOP Candidate for President Will Hurd about the need for House Republicans to coalesce behind Scalise as Speaker of the House and his endorsement of former South Carolina Governor Nikki Haley for President. Bloomberg Washington Senior Editor Wendy Benjaminson about what to expect next on Capitol Hill. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe and Kailey speak with: Former Secretary of Defense Mark Esper about next steps in military operations in the Israel-Hamas war. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about the Biden Administration's response to the ongoing situation in Israel and new developments in the Speaker of the House race. Former Commanding General of US Army Europe Lt. Gen. Ben Hodges (Ret.) about the complexities of military operations in Israel and Gaza. Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch for reaction to President Biden's speech about the Israel-Hamas war and the role the United States will play in this conflict. See omnystudio.com/listener for privacy information.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Global Situation Room President Brett Bruen about the latest developments from the Israel-Hamas war. Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis about how the US will respond to the ongoing situation in Israel and how Congress will proceed without a new Speaker of the House. Former Acting White House Chief of Staff Mick Mulvaney about the state of the House GOP caucus and an all-of-government response to the Israel-Hamas war. Rapidan Energy Group President Robert McNally about the impact ongoing fighting in Israel will have on oil supply. See omnystudio.com/listener for privacy information.