More House Democrats Want Biden Out of Race, France in Limbo After Elections

Bloomberg Daybreak: US Edition

On today's podcast:

1) More House Democrats Want Biden Out of Race as Tension Rises

2) France Dodges Far-Right Win But Macron Has No One to Govern

3) Boeing to Plead Guilty to Fraud for Violating Crashes Deal  

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2024-07-08 17 min Transcript

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Bloomberg Audio Studios, Podcasts, Radio News. Good morning, I'm Amy 0:00:10.800 --> 0:00:13.680 Morris and I'm Karen Moscow. Here are the stories we're 0:00:13.720 --> 0:00:14.520 following today. 0:00:14.720 --> 0:00:17.840 Karen, we begin with politics, the crucial week for President 0:00:17.920 --> 0:00:21.440 Biden as he looks to recover following its disastrous debate 0:00:21.480 --> 0:00:24.759 performance with Donald Trump and reassure voters that he can 0:00:24.840 --> 0:00:28.320 surmount a lead and beat Trump in November's presidential election. 0:00:28.840 --> 0:00:31.560 Despite growing calls for Biden to step aside, the President 0:00:31.680 --> 0:00:33.960 vows to stay in the race now. Over the weekend, 0:00:34.040 --> 0:00:37.839 he spoke with ABC's George Stephanopolis in an exclusive interview, 0:00:38.120 --> 0:00:40.400 insisting that he is sharp enough to do the job 0:00:40.479 --> 0:00:41.680 for another term. 0:00:41.880 --> 0:00:45.159 I have a cognitance test every single day. Every day. 0:00:45.200 --> 0:00:47.320 I have that test everything we do. 0:00:48.000 --> 0:00:50.720 You know, not only am I campaigned on running the world? 0:00:50.840 --> 0:00:54.240 Would you be willing to have the independent medical evaluation watch? 0:00:54.360 --> 0:00:54.880 Maybe twot. 0:00:54.960 --> 0:00:57.720 There's a lot of time rests in this campaign, and 0:00:57.880 --> 0:01:00.880 President Biden did not entertain the possible ability of leaving 0:01:00.880 --> 0:01:03.800 the race, despite growing calls for him to do so. 0:01:04.360 --> 0:01:08.600 If you are told reliably from your allies, from your 0:01:08.640 --> 0:01:11.600 friends and supporters in the Democratic Party, in the House 0:01:11.600 --> 0:01:14.400 and the Senate, that they're concerned you're going to lose 0:01:14.440 --> 0:01:16.080 the House in the Senate if you stay in. 0:01:16.440 --> 0:01:17.160 What will you do? 0:01:17.560 --> 0:01:20.360 I'm not going to answer that question, the President did 0:01:20.360 --> 0:01:24.399 tell ABC's George Stephanopolis, though he is hearing discontent in 0:01:24.440 --> 0:01:27.600 the Democratic Party through the press, well let me. 0:01:27.680 --> 0:01:32.320 Despite Biden's defiance, several influential Democrats spoke privately yesterday and 0:01:32.400 --> 0:01:35.959 a virtual call organized by House Minority Leader Hakim Jeffries, 0:01:36.319 --> 0:01:38.680 and they say they want Biden to step aside as 0:01:38.720 --> 0:01:42.479 the party's nominee, sources Toel Bloomberg, the latest affections include 0:01:42.640 --> 0:01:46.360 several Democratic leaders of House committees, including Jerry Nabler and 0:01:46.480 --> 0:01:49.840 Joe Morell of New York. In total, nine House Democrats 0:01:49.840 --> 0:01:53.160 have called for Biden to step aside. Publicly, many Democrats 0:01:53.200 --> 0:01:57.040 continue to support the president, including California Representative Adam Schiff, 0:01:57.320 --> 0:02:00.480 who says he understands voter concerns but has no Biden 0:02:00.520 --> 0:02:02.040 will do the right thing for the country. 0:02:02.280 --> 0:02:07.040 The performance on the debate stage, I think rightfully raised 0:02:07.080 --> 0:02:10.000 questions among the American people about whether the president has 0:02:10.040 --> 0:02:14.440 the vigor to defeat Donald Trump. And this is an 0:02:14.480 --> 0:02:20.000 existential race given Joe Biden's incredible record given Donald Trump's 0:02:20.080 --> 0:02:24.079 terrible record, he should be mopping the floor with Donald Trump. 0:02:25.120 --> 0:02:27.760 And Adam Schiff made those comments on named Issis Meet 0:02:27.800 --> 0:02:29.000 the Press, and. 0:02:29.000 --> 0:02:32.200 Despite pressure from donors and from the party, President Biden 0:02:32.240 --> 0:02:35.200 registered his best showing yet as he closes the gap 0:02:35.240 --> 0:02:38.480 on current front runner Republican Donald Trump. That's according to 0:02:38.520 --> 0:02:42.000 a Bloomberg News Morning Consult tracking poll of battleground states, 0:02:42.240 --> 0:02:46.040 Trump led Biden by only two percentage points forty five 0:02:46.080 --> 0:02:49.160 percent and the critical states needed to win the November election, 0:02:49.480 --> 0:02:53.840 which marks the smallest gap since the poll began last October. However, 0:02:53.840 --> 0:02:57.760 Bloomberg News political director Jody Schneider says Biden is farthest 0:02:57.760 --> 0:02:59.600 behind in one critical state. 0:03:00.080 --> 0:03:03.000 A swing state poll that does show Biden trailing the 0:03:03.040 --> 0:03:07.079 most in Pennsylvania, done by seven points, and that's going 0:03:07.120 --> 0:03:09.040 to be very problem matter for him if he can't 0:03:09.080 --> 0:03:10.799 start making up some of that gap. 0:03:11.240 --> 0:03:14.240 Bloomberg's Tody Schneider says the poll is the first comprehensive 0:03:14.280 --> 0:03:17.440 survey of states most likely to decide the elections, Hence 0:03:17.480 --> 0:03:19.480 the debate. On June twenty seventh. 0:03:19.720 --> 0:03:23.160 Well over in Europe, amy European stocks edged higher and 0:03:23.240 --> 0:03:25.960 the Europe paired to decline along with French bonds as 0:03:26.000 --> 0:03:30.120 Trigers digested the unexpected result of France's snap election. A 0:03:30.200 --> 0:03:32.880 surprise win by a left wing coalition in the country's 0:03:32.880 --> 0:03:36.760 parliamentary elections good send France into political gridlock. The New 0:03:36.800 --> 0:03:39.960 Popular Front won the most seats in Sunday's voteo was 0:03:40.000 --> 0:03:43.440 around one hundred short of a majority. National Rally Party 0:03:43.480 --> 0:03:46.920 leader Marine la Penn says the outcome will hurt France right. 0:03:47.400 --> 0:03:50.280 France is going to be totally deadlocked with three groups 0:03:50.280 --> 0:03:53.960 of roughly equal size in the National Assembly, so that's 0:03:54.000 --> 0:03:57.440 the way to go. It's unfortunate. We will lose another year, 0:03:57.800 --> 0:04:03.360 another year of illegal immigration, another year of purchasing power laws, 0:04:03.560 --> 0:04:06.760 another year of insecurity exploding in our country. 0:04:07.400 --> 0:04:10.160 The right wing National rallies Marine la Penn, speaking there 0:04:10.160 --> 0:04:12.320 through an interpreter, her party won one hundred and forty 0:04:12.320 --> 0:04:15.440 three seats, while President at Manuel mccron's allies secured one 0:04:15.560 --> 0:04:18.159 hundred and fifty six and the New Popular Front got 0:04:18.200 --> 0:04:19.440 one hundred seventy eight. 0:04:20.240 --> 0:04:23.200 Meanwhile, in the Middle East, Iran has elected former health 0:04:23.200 --> 0:04:27.560 minister Mazoud Peseshkian as president, beating a hardline rival in 0:04:27.600 --> 0:04:30.479 a runoff vote, although the US State Department called the 0:04:30.560 --> 0:04:33.960 election not free or fare. The newly elected president is 0:04:34.000 --> 0:04:37.240 widely expected to seek improved relations with the West amid 0:04:37.360 --> 0:04:40.640 high tensions with Iran's involvement in the Israel Hamas War. 0:04:40.960 --> 0:04:43.760 His predecessor was killed in a helicopter crash in May, 0:04:43.839 --> 0:04:45.599 triggering the election to replace him. 0:04:46.120 --> 0:04:49.080 While back in the US, Amy there's more trouble for Boeing, 0:04:49.120 --> 0:04:52.400 as the planemaker agrees to plead guilty to criminal conspiracy. 0:04:52.440 --> 0:04:55.680 In Bloomberg's John Tucker has the details, John Goodburning. 0:04:55.520 --> 0:04:57.880 And Karen The guilty plea comes in connection with two 0:04:57.920 --> 0:05:01.080 fatal crashes of its seven thirty seven Mas five years ago. 0:05:01.480 --> 0:05:04.440 Under the deal with prosecutors, Boeing faces a criminal fine 0:05:04.480 --> 0:05:08.000 close to half a billion dollars. In addition, Boeing would 0:05:08.040 --> 0:05:11.440 be placed under tight external supervision for years to come. 0:05:11.880 --> 0:05:15.200 The agreement also has the potential to complicate Boeing's interaction 0:05:15.279 --> 0:05:18.800 with the government as a major defense contractor, but Justice 0:05:18.839 --> 0:05:22.400 Department determined back in May that Boeing breached a deferred 0:05:22.440 --> 0:05:26.039 prosecution tied to those crashes that follow the blowout of 0:05:26.080 --> 0:05:29.040 a door panel on a seven thirty seven Max nine, 0:05:29.240 --> 0:05:32.360 the latest agreement being bitterly criticized by families of the 0:05:32.360 --> 0:05:35.680 crash victims who were not consulted before it was unveiled. 0:05:35.960 --> 0:05:38.040 John Tucker, Bloomberg Radio, all. 0:05:38.000 --> 0:05:40.360 Right, John, thank you, and elsewhere on the company news front. 0:05:40.360 --> 0:05:43.520 Paramount Global has agreed to merge with Skydance Media in 0:05:43.560 --> 0:05:46.240 a deal that hands control of the storied Hollywood studio 0:05:46.320 --> 0:05:50.000 to producer David Ellison. Paramount chair Sherry Redstone agreed to 0:05:50.080 --> 0:05:54.560 sell her family's National Amusements Incorporated, which controls about seventy 0:05:54.600 --> 0:05:57.200 seven percent of the voting stock in Paramount, for two 0:05:57.279 --> 0:05:58.839 point four billion dollars. 0:05:59.200 --> 0:06:02.720 Melami, Let's tart to the markets. Now, Futures retreating following 0:06:02.800 --> 0:06:06.000 last week's rally, we fed charedjer Own Powell set to 0:06:06.040 --> 0:06:09.720 testify before Congress beginning tomorrow. I would call futures little 0:06:09.760 --> 0:06:12.520 change to lower right now. Traders are looking to solidify 0:06:12.600 --> 0:06:15.720 bets that policy easing could begin as early as September. 0:06:15.839 --> 0:06:18.760 Investors will also be following some other key eco headlines 0:06:18.800 --> 0:06:21.560 this week. On Thursday, we get the latest Consumer Price 0:06:21.640 --> 0:06:24.599 Index reading and PPI the next day and earning some 0:06:24.760 --> 0:06:28.400 major US banks, including JP morgan A also do this week. 0:06:28.800 --> 0:06:31.360 And taking a look at oil now adding lower after 0:06:31.400 --> 0:06:34.719 four straight weekly gains, even as traders follow production threats 0:06:34.720 --> 0:06:39.360 from natural disasters. Wildfires in Alberta are threatening supplies, as 0:06:39.400 --> 0:06:41.719 is a hurricane barreling to the US to the Gulf 0:06:41.720 --> 0:06:45.960 of Mexico. Checking WTI prices right now down one percent 0:06:46.080 --> 0:06:48.599 or ninety one cents now trading at eighty two dollars 0:06:48.680 --> 0:06:50.159 twenty five cents a barrel. 0:06:50.160 --> 0:06:53.520 And looking at hurricane barrel amy, it just made landfall minutes. 0:06:53.600 --> 0:06:56.840 I'll go along the Texas coast. Texas Acting Governor Dan 0:06:56.920 --> 0:06:59.559 Patrick issued a warning for those in the storm's path. 0:07:00.200 --> 0:07:03.360 Will be a deadly storm for people who are directly 0:07:03.400 --> 0:07:04.159 in that path. 0:07:04.920 --> 0:07:07.760 Texas Acting Governor Dan Patrick urged people to take shelter 0:07:07.839 --> 0:07:10.840 ahead of the storm's arrival. Beryl caused devastation last week 0:07:10.840 --> 0:07:13.960 as it ripped through the Caribbean and Mexico, leaving nine 0:07:14.000 --> 0:07:19.320 people dead. And it's time now for a look at 0:07:19.320 --> 0:07:21.080 some of the other stories making news in New York 0:07:21.120 --> 0:07:23.280 and around the world. For that, we're joined by Bloomberg's 0:07:23.280 --> 0:07:25.840 Michael Barr. Michael, Good morning, Good morning Karen. 0:07:25.920 --> 0:07:28.560 A heat advisory and effect in the New York area 0:07:28.680 --> 0:07:32.040 from twelve pm this afternoon until Tuesday at eight pm. 0:07:32.400 --> 0:07:35.600 Temperatures are expected to reach up to ninety five, but 0:07:35.760 --> 0:07:40.120 the real feel will be over one hundred degrees. Over 0:07:40.320 --> 0:07:43.600 New Yorkers who don't have air conditioning, there are cooling 0:07:43.640 --> 0:07:47.120 centers available, and while it has been hot in the 0:07:47.160 --> 0:07:50.840 New York area, it's nothing like in Las Vegas. Yesterday, 0:07:50.920 --> 0:07:54.280 the city broke its all time temperature record by three degrees, 0:07:54.320 --> 0:07:57.760 hitting one hundred and twenty degrees several times since they 0:07:57.800 --> 0:08:02.920 started recording temperatures in nineteen thirty. This visiting newlywed couple 0:08:02.960 --> 0:08:05.080 is trying to manage the heat right now. 0:08:05.600 --> 0:08:06.120 We are. 0:08:07.680 --> 0:08:11.000 So we are getting pictures taken outside really quickly back 0:08:11.000 --> 0:08:13.440 in the car with air con on that movie. The 0:08:13.520 --> 0:08:16.400 venues are all conditioned, so we can we can manage. 0:08:16.880 --> 0:08:20.200 Others say it's tooant to even walk down the strip. Meanwhile, 0:08:20.240 --> 0:08:24.200 Phoenix set a new daily record for the warmest load temperature. 0:08:24.480 --> 0:08:27.720 It never got below ninety two degrees yesterday, and a 0:08:27.760 --> 0:08:32.320 motorcyclist died from heat exposure while visiting Death Valley National Park, 0:08:32.360 --> 0:08:36.360 where it hit one hundred and twenty eight degrees. Wildfires 0:08:36.400 --> 0:08:41.240 in the West prompted evacuations and threatened homes. Extreme conditions 0:08:41.240 --> 0:08:44.840 are fueling at least twenty one wildfires in California. One 0:08:45.000 --> 0:08:48.960 fire in Santa Barbara County exploded over the weekend, burning 0:08:49.000 --> 0:08:52.760 more than sixteen thousand acres. Last night, authority said the 0:08:52.800 --> 0:08:56.560 fire was zero percent contained and within one mile of 0:08:56.679 --> 0:08:59.760 Neverland Ranch, the twenty seven hundred acre former home of 0:08:59.800 --> 0:09:03.760 Mychael Jackson. Closing arguments take place today in the corruption 0:09:03.920 --> 0:09:08.479 trial of Democratic Senator Bob Menendez of New Jersey. Menendez 0:09:08.559 --> 0:09:12.160 is accused of taking bribes to benefit foreign interests. For 0:09:12.440 --> 0:09:16.800 NASA volunteers have exited their ground based home over the 0:09:16.840 --> 0:09:20.080 weekend after a year long mission where they lived in 0:09:20.120 --> 0:09:25.400 assimulated Mars environment. The crew took Mars walks, grew and 0:09:25.480 --> 0:09:30.319 harvested several vegetables, and maintained their equipment and habitat. They 0:09:30.360 --> 0:09:35.439 also operated under additional specific stressors a Mars crew would experience, 0:09:35.720 --> 0:09:41.439 including communication delays with Earth, resource limitations, and isolation. Flight 0:09:41.520 --> 0:09:44.040 engineer Ross Brockwell took part in the study. 0:09:44.400 --> 0:09:47.960 Very grateful to have had this incredible opportunity to live 0:09:48.000 --> 0:09:50.960 for a year within the spirit of planetary adventure. 0:09:51.840 --> 0:09:53.160 Towards an exciting future. 0:09:53.640 --> 0:09:56.440 Two additional missions are planned for twenty twenty five and 0:09:56.760 --> 0:09:59.640 twenty twenty seven. Global news twenty four hours a day 0:09:59.679 --> 0:10:02.079 and whatever you want it with Bloomberg News Now. I'm 0:10:02.120 --> 0:10:03.760 Michael Barr. This is Bloomberg. 0:10:03.840 --> 0:10:10.760 Karen sor Ry, Michael Barr. Thank you time now for 0:10:10.760 --> 0:10:13.400 the Bloomberg Scores update with John Stashauer and John. 0:10:13.440 --> 0:10:14.680 Good morning, Good morning, Karon. 0:10:14.720 --> 0:10:18.079 Red Sox and Yankees are tribals going in opposite ways. 0:10:18.160 --> 0:10:21.079 Boston has won sixteen of its last twenty two games. 0:10:21.120 --> 0:10:24.480 The Yanks since mid June or five and twenty without 0:10:24.520 --> 0:10:26.360 a two game winning streak. They have failed to win 0:10:26.400 --> 0:10:28.600 any of their last seven series, and two of those 0:10:28.600 --> 0:10:31.840 series losses against the Sockx, who won three nothing. In 0:10:31.840 --> 0:10:33.400 the Bronx, they hit solo home runs in each of 0:10:33.400 --> 0:10:35.880 the last three innings, two of those homers hit by 0:10:35.960 --> 0:10:39.960 Yankee killer Rafield Evers. The Yanks, who scored fourteen runs Saturday, 0:10:40.360 --> 0:10:42.760 came back with only four hits Sunday. Their three games 0:10:42.800 --> 0:10:45.240 behind the Orioles, who won six to three in Oakland. 0:10:45.240 --> 0:10:47.520 The Mets in Pittsburgh scoreless game through seven innings. The 0:10:47.520 --> 0:10:50.200 Mets broke through then fell behind bottom of the eighth. 0:10:50.240 --> 0:10:53.960 They rallied in the ninth, the one to one wind 0:10:54.040 --> 0:10:54.720 drive left. 0:10:54.640 --> 0:10:55.520 Field falling in. 0:10:55.800 --> 0:10:59.959 They said by ling Door Cavil scores, Petter ramc third 0:11:00.160 --> 0:11:01.040 Hey scores. 0:11:01.280 --> 0:11:02.679 The throw is cut. 0:11:02.440 --> 0:11:05.080 Off on the way to the The Mets take the 0:11:05.160 --> 0:11:08.079 lead with their backs against the wall or against a 0:11:08.200 --> 0:11:11.679 role this Chapman Lindor drives in two, and the Mets 0:11:11.679 --> 0:11:12.720 have a three to two. 0:11:12.600 --> 0:11:13.240 Lead in the night. 0:11:13.440 --> 0:11:16.000 At the final WCVS to call, Mets are now forty 0:11:16.000 --> 0:11:18.600 four and forty four. They'll be represented at next week's 0:11:18.600 --> 0:11:20.800 All Star Game by Pete Alonzo. He'll also be in 0:11:20.840 --> 0:11:23.640 the home run derby thirty two first time All Stars 0:11:23.640 --> 0:11:26.520 were named nineteen guys under the age of twenty seven, 0:11:26.559 --> 0:11:29.800 including Pittsburgh's Paul Steins, who just a year ago had 0:11:29.840 --> 0:11:32.040 just finished pitching in the College World Series. Is about 0:11:32.040 --> 0:11:34.040 to become the first pick of the draft. He began 0:11:34.120 --> 0:11:37.160 this season in the minors. Wimbledon begins the second week today, 0:11:37.200 --> 0:11:40.160 and women's singles eight of the top ten seeds are out, 0:11:40.160 --> 0:11:43.160 including the top three second seed in Coco Goff, who 0:11:43.280 --> 0:11:45.240 burst onto the scene as a fifteen year old five 0:11:45.320 --> 0:11:47.920 years ago when she reached the fourth round, has still 0:11:47.960 --> 0:11:51.640 not advanced further. At Wimbledon, Coco upset by fellow American 0:11:51.679 --> 0:11:54.559 Emma Navarro. Men's side, American Tommy Paul Is into the 0:11:54.600 --> 0:11:58.400 quarterfinals as our Janick sinner in Carlos Alcarez. Twenty five 0:11:58.480 --> 0:12:00.920 year old Davis Thompson won the John in Illinois. He's 0:12:00.920 --> 0:12:03.760 got twenty eight under part one by four. It's his 0:12:03.880 --> 0:12:07.120 first PGA tournament. Went John Stasha went Bloomberg Sports. 0:12:07.160 --> 0:12:14.280 Karenamy Coast to Coast on Bloomberg Radio, nationwide on Sirius XM, 0:12:14.360 --> 0:12:17.240 and around the world on Bloomberg dot Com and the 0:12:17.320 --> 0:12:20.720 Bloomberg Business app. This is Bloomberg Daybreak. 0:12:22.559 --> 0:12:27.080 Several influential congressional Democrats have been talking about getting Joe 0:12:27.080 --> 0:12:29.960 Biden off the ticket. They said privately just yesterday that 0:12:30.040 --> 0:12:32.360 they want the president to step aside as the party's 0:12:32.360 --> 0:12:36.000 White House nominee as the President enters a pivotal week 0:12:36.040 --> 0:12:39.439 for his teetering reelection campaign. At the same time, though, 0:12:39.480 --> 0:12:42.200 there's a Bloomberg News Morning console pull out that shows 0:12:42.200 --> 0:12:44.960 Biden is actually narrowing the gap with Donald Trump in 0:12:44.960 --> 0:12:48.360 some swing states. We're joined now by Bloomberg's Gregory Cordy, 0:12:48.360 --> 0:12:49.920 He's going to sort all of this out for us 0:12:50.280 --> 0:12:53.640 and Gregory. More defections from the Democratic Party, at least 0:12:53.640 --> 0:12:54.440 on the House side. 0:12:54.440 --> 0:12:59.160 What are you hearing? Yeah, so the number the numbers 0:12:59.160 --> 0:13:01.240 mounted over the weekend, And as you said, the names 0:13:01.280 --> 0:13:04.719 that jumped out to me were Jerry Nadler of New 0:13:04.800 --> 0:13:08.680 York and Adam Smith of Washington. These are Democrats who 0:13:09.440 --> 0:13:12.960 chair committees and prominent committees in the House when the 0:13:13.000 --> 0:13:19.079 Democrats are in power, and so yeah, those are sort 0:13:19.120 --> 0:13:22.880 of a drip drip drip for Joe Biden of every day, 0:13:23.160 --> 0:13:26.839 a few more Democrats. It's by no means the majority 0:13:26.880 --> 0:13:31.839 of his party, but it's got to be concerning as 0:13:32.120 --> 0:13:34.800 the president heads into his convention next month, trying to 0:13:34.880 --> 0:13:36.240 unite the party around him. 0:13:36.559 --> 0:13:39.559 Now we're hearing a lot from the Democrats in the House, perhaps, 0:13:39.559 --> 0:13:41.400 but what are you hearing from Democrats in the Senate? 0:13:42.880 --> 0:13:43.080 Yeah? 0:13:43.240 --> 0:13:46.360 The Senate is always a kind of a different animal 0:13:47.080 --> 0:13:51.280 and always on every issue a little bit more circumspect. 0:13:51.400 --> 0:13:56.880 So we have heard that Mark Warner of Virginia is 0:13:57.320 --> 0:14:01.679 trying to gather a group of senators there to also 0:14:01.720 --> 0:14:07.440 put pressure on Biden to step aside and let somebody 0:14:07.440 --> 0:14:10.959 else run for the Democratic nomination. But remember, Joe Biden 0:14:11.040 --> 0:14:13.760 served in the Senate for decades and has a lot 0:14:13.800 --> 0:14:16.160 of deep friendships there and a lot of deep alliances there, 0:14:16.200 --> 0:14:20.360 So we might expect fewer senators to make that call. 0:14:21.160 --> 0:14:23.200 Now, this is happening at the same time as that 0:14:23.280 --> 0:14:27.680 new Bloomberg Morning Consult poll shows that the President's narrowing 0:14:27.720 --> 0:14:31.480 that gap in swing states. What does that poll indicate 0:14:31.520 --> 0:14:35.680 for Biden's staying power even with the Democrats pushing back? 0:14:37.160 --> 0:14:39.720 Yeah, I mean, one way to read this poll is 0:14:39.880 --> 0:14:45.480 that while this is the current obsession with the Beltway 0:14:45.600 --> 0:14:50.680 class in Washington, among journalists, among members of his own party, 0:14:50.800 --> 0:14:55.000 certainly Republicans are having a field day with this issue. 0:14:55.440 --> 0:15:00.280 Outside the Beltway, voters are always focused on somewhat different issues. 0:15:00.360 --> 0:15:04.600 And remember that also in the past month, Donald Trump 0:15:04.840 --> 0:15:08.160 was convicted of thirty four felonies. Voters have not forgotten that. 0:15:08.760 --> 0:15:12.200 And so what our Bloomberg News Morning Console poll of 0:15:12.240 --> 0:15:15.560 the seven swing states found was that Joe Biden is 0:15:15.680 --> 0:15:19.440 only two points behind across those seven states. He's spent 0:15:19.480 --> 0:15:23.920 a little bit more in some Wisconsin and Michigan notably, 0:15:24.360 --> 0:15:29.200 and he's down in others. At most concerning for him Pennsylvania. 0:15:29.560 --> 0:15:32.440 But this is the best poll that he's had since 0:15:32.440 --> 0:15:36.720 we've been doing this series of polls beginning last October, 0:15:37.240 --> 0:15:40.760 and so it did give Biden and his allies a 0:15:40.760 --> 0:15:42.760 little bit of a boost over the weekend and thinking 0:15:42.760 --> 0:15:44.920 that maybe he can stick with this. Of course, we're 0:15:44.960 --> 0:15:47.480 going to want to see more evidence of this. You 0:15:47.560 --> 0:15:50.000 never want to look at just one poll in isolation. 0:15:51.000 --> 0:15:54.000 Even our own poll, i'll say, is just one data point, 0:15:54.400 --> 0:15:56.000 and we're going to want to see if this trend 0:15:56.040 --> 0:15:57.840 continues in more polling going forward. 0:15:58.200 --> 0:16:01.080 And briefly you mentioned the democ at a national convention 0:16:01.160 --> 0:16:03.040 in August. How does this set the table for that. 0:16:04.960 --> 0:16:07.480 Yeah, we'll see if we even get there. Because one 0:16:07.520 --> 0:16:10.640 of the things that Democrats had talked about even before 0:16:10.880 --> 0:16:14.400 the debate, even before we got into this discussion about 0:16:14.480 --> 0:16:19.760 Joe Biden's age and his mental acuity, Democrats had planned 0:16:19.800 --> 0:16:24.760 to perhaps nominate him virtually by some sort of online 0:16:24.880 --> 0:16:28.320 roll call in late July, and that was originally to 0:16:28.400 --> 0:16:30.560 get on the bout in Ohio, which had an early 0:16:30.600 --> 0:16:33.880 babot deadline. Now if they follow through with that plan, 0:16:33.960 --> 0:16:38.040 it could also serve the purpose of nominating Biden outside 0:16:38.120 --> 0:16:40.480 the convention early to put a stop to all of 0:16:40.520 --> 0:16:42.840 this discussion before they even get through the convention. 0:16:43.000 --> 0:16:46.320 You're listening to Bloomberg Daybreak today, your morning brief on 0:16:46.360 --> 0:16:50.240 the stories making news from Wall Street to Washington and beyond. 0:16:50.800 --> 0:16:53.560 Look for us on your podcast feed at six am 0:16:53.640 --> 0:16:57.320 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:57.400 --> 0:16:58.240 get your podcast. 0:16:58.320 --> 0:17:01.400 You can also listen live each morning starting at five 0:17:01.440 --> 0:17:04.320 am Wall Street time on Bloomberg eleven three to zero 0:17:04.359 --> 0:17:07.240 in New York, Bloomberg ninety nine to one in Washington, 0:17:07.280 --> 0:17:10.480 Bloomberg one oh sixty one in Boston, and Bloomberg nine 0:17:10.600 --> 0:17:12.040 sixty in San Francisco. 0:17:12.240 --> 0:17:15.720 Flagship New York station is also available on your Amazon 0:17:15.760 --> 0:17:19.960 alection devices. Just say Alexa play Bloomberg eleven third. 0:17:19.840 --> 0:17:22.840 Listen coast to coast on the Bloomberg Business app, Sirius 0:17:23.040 --> 0:17:26.960 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:17:27.000 --> 0:17:27.600 dot Com. 0:17:27.600 --> 0:17:30.320 I'm Amy Morris and I'm Karen Moscow. Join us again 0:17:30.359 --> 0:17:33.080 tomorrow morning for all the news you need to start 0:17:33.119 --> 0:17:35.760 your day right here on Bloomberg Daybreak

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