Donald Trump Wins US Presidency; GOP Win Control of Senate

Bloomberg Audio Studios, Podcasts, radio News. Good morning, I'm Nathan 0:00:10.880 --> 0:00:13.840 Hager and I'm Karen Moscow. Here are the stories we're 0:00:13.880 --> 0:00:14.680 following today. 0:00:15.000 --> 0:00:17.480 Karen, it is the morning after the election, and Donald 0:00:17.480 --> 0:00:19.920 Trump has pulled off one of the most stunning political 0:00:19.920 --> 0:00:24.000 comebacks in American history. The former president is now president 0:00:24.040 --> 0:00:26.639 elect once again, winning the White House, claiming two hundred 0:00:26.680 --> 0:00:29.840 and seventy seven Electro College votes so far to Kamala 0:00:29.880 --> 0:00:33.280 Harris's two hundred and twenty four. Donald Trump appeared before 0:00:33.280 --> 0:00:36.240 his supporters in West Palm Beach, Florida, early this morning 0:00:36.240 --> 0:00:39.080 after the network's called the blue Wall state of Pennsylvania 0:00:39.159 --> 0:00:39.840 in his favor. 0:00:40.159 --> 0:00:43.040 I want to thank the American people for the extraordinary 0:00:43.120 --> 0:00:48.440 honor of being elected your forty seventh president and your 0:00:48.800 --> 0:00:49.919 forty fifth president. 0:00:50.479 --> 0:00:53.880 Donald Trump is projected to win Pennsylvania and Wisconsin. He 0:00:53.960 --> 0:00:57.560 is also ahead in Michigan and now promising to bring 0:00:57.600 --> 0:00:58.600 the country together. 0:00:58.960 --> 0:01:03.920 We're going to help our country, hel who can help 0:01:03.960 --> 0:01:04.720 our country. Here. 0:01:04.840 --> 0:01:08.920 We have a country that these help and did these 0:01:08.959 --> 0:01:12.000 help very badly? And Trump is pledging to get tough 0:01:12.040 --> 0:01:15.640 on an issue that he emphasized throughout his campaign. Immigration. 0:01:16.160 --> 0:01:18.399 We're going to fix our borders. We're going to fix 0:01:18.440 --> 0:01:20.080 everything about our country. 0:01:20.120 --> 0:01:24.360 And we've made history for a reason tonight, and the 0:01:24.440 --> 0:01:25.920 reason is going to be just. 0:01:25.959 --> 0:01:29.480 That President elect Donald Trump is declaring it a magnificent 0:01:29.600 --> 0:01:31.319 victory for the American people. 0:01:31.880 --> 0:01:34.280 Well Nathan, joining Trump on stage in West Palm Beach 0:01:34.319 --> 0:01:36.560 to celebrate his running mate JD. Vance. 0:01:37.120 --> 0:01:41.039 Well, mister President, I appreciate you allowing me to join 0:01:41.080 --> 0:01:43.440 you on this incredible journey. I thank you for the 0:01:43.560 --> 0:01:46.480 trust that you have placed in me, and I think 0:01:46.520 --> 0:01:49.920 that we just witnessed the greatest political comeback in the 0:01:50.000 --> 0:01:51.800 history of the United States of America. 0:01:53.160 --> 0:01:55.520 The forty year old JD. Vance is poised to become 0:01:55.600 --> 0:01:58.160 the third youngest vice president in history. 0:01:58.240 --> 0:02:00.520 And Karen we have yet to hear from Kamala Harris. 0:02:00.560 --> 0:02:03.000 The Vice president, watched the results roll in from her 0:02:03.000 --> 0:02:06.600 alma mater, Howard University in Washington. We do expect her 0:02:06.600 --> 0:02:09.359 to make remarks later this morning. Along with the electoral 0:02:09.360 --> 0:02:13.240 College count, Donald Trump leads in the popular vote as well, 0:02:13.280 --> 0:02:17.680 with nearly seventy two million votes to Kamala Harris's sixty 0:02:17.720 --> 0:02:19.000 six point seven million. 0:02:19.520 --> 0:02:21.880 Well, Nathan, we have plenty of reaction to Donald Trump's 0:02:21.880 --> 0:02:25.880 win this morning. His victory is his story. He'll be 0:02:25.919 --> 0:02:29.080 the first former president to return to power since eighteen 0:02:29.160 --> 0:02:33.120 ninety two. Began more with Bloomberg political contributor Jeanie Zeno. 0:02:33.720 --> 0:02:36.720 In the aftermath, a lot of questions are going to 0:02:36.720 --> 0:02:40.880 be asked, including why didn't she choose the very popular 0:02:41.040 --> 0:02:44.200 governor of Pennsylvania's her running mate? Why did she go 0:02:44.320 --> 0:02:46.560 instead with the governor of Minnesota. 0:02:46.600 --> 0:02:50.720 Bloomberg political contributor Jeanie Zeno's says that seventy eight, Trump 0:02:50.720 --> 0:02:52.880 would be the oldest person elected to the office. 0:02:53.840 --> 0:02:56.240 Well, Karen, let's move past the president's race for just 0:02:56.240 --> 0:02:58.000 a moment. We'll get you caught up on some other 0:02:58.080 --> 0:03:01.800 key election results as well. Republicans have secured control of 0:03:01.840 --> 0:03:05.640 the Senate with fifty one seats. At least, control of 0:03:05.680 --> 0:03:08.640 the upper chamber of Congress is in Republican hands for 0:03:08.680 --> 0:03:11.960 the first time in four years. In Ohio, the seat 0:03:12.000 --> 0:03:15.799 held by Democrat and Senate Banking chairman Shared Brown flipped 0:03:15.840 --> 0:03:19.359 to Republican Bernie Moreno, who secured fifty point two percent 0:03:19.400 --> 0:03:22.560 of the vote. Shared Brown conceded defeat after finishing with 0:03:22.600 --> 0:03:25.880 forty six percent of the tally. Tonight, I'm sad, but 0:03:25.960 --> 0:03:28.200 I'm never giving up, and neither is Connie. 0:03:28.280 --> 0:03:30.760 No way, in the light of day, I know most of. 0:03:30.720 --> 0:03:32.160 You are never giving up either. 0:03:33.160 --> 0:03:37.080 Meantime, in West Virginia, Jim Justice, the former Republican governor, 0:03:37.120 --> 0:03:40.400 won Joe Manchins open Senate seat. He defeated Democrat Glenn 0:03:40.400 --> 0:03:44.480 Elliott eight point nine percent to twenty seven point six percent. 0:03:44.800 --> 0:03:48.080 Republican deb Fisher in Nebraska overcame a tough challenge from 0:03:48.120 --> 0:03:50.880 Democrat Dan Osborne. She won fifty three percent to forty 0:03:50.880 --> 0:03:54.840 six percent. Those three races did secure the GOP Senate majority. 0:03:55.120 --> 0:03:59.400 Other notable contests were decided in Republicans favor. In Texas, 0:03:59.440 --> 0:04:02.800 Ted Cruze fended off Democrat Colin Allred, winning fifty three 0:04:02.800 --> 0:04:06.920 percent to forty four percent. Republican Pete Ricketts of Nebraska 0:04:06.920 --> 0:04:10.520 defeated Democrat Preston Love sixty three to thirty seven percent. 0:04:10.880 --> 0:04:14.600 Florida Republican Rick Scott won his race over Democrat Debbie 0:04:14.640 --> 0:04:18.400 Mcersle Powell fifty five to forty two percent. In Pennsylvania, 0:04:18.560 --> 0:04:22.120 Republican Dave McCormick is looking to unseat Democrat Bob Casey. 0:04:22.200 --> 0:04:25.480 McCormick is ahead, but he's stopping short of declaring victory. 0:04:25.640 --> 0:04:29.440 In the coming days, the election results will be finalized, 0:04:29.760 --> 0:04:34.760 and when they are we will look forward to a 0:04:34.760 --> 0:04:38.360 new agenda. Dave McCormick leads that Senate race in Pennsylvania 0:04:38.400 --> 0:04:41.120 forty nine to forty eight percent with ninety six percent 0:04:41.120 --> 0:04:44.000 of the votes counted, and Republican Tim Sheehey is trying 0:04:44.000 --> 0:04:47.760 to flip Democrat John Tester's seat in Montana seventy seven 0:04:47.839 --> 0:04:50.360 percent of the votes counted there and she he currently 0:04:50.440 --> 0:04:52.680 leads fifty three to forty four percent. 0:04:53.240 --> 0:04:56.159 Still, Nathan Democrats did secure some victories in the upper 0:04:56.240 --> 0:05:00.120 chamber of Congress. California Democrat Adam Schiff defeated republic In 0:05:00.240 --> 0:05:03.120 Steve Garvey with fifty eight percent of the vote. New 0:05:03.200 --> 0:05:07.880 York Democrat Kirsten Gillibrand was re elected defeated GOP challenger 0:05:07.920 --> 0:05:12.080 Michael Sapracne fifty eight to forty one percent. Massachusetts Democrat 0:05:12.120 --> 0:05:14.880 Elizabeth Warren one a third term as Senator, a cruising 0:05:14.920 --> 0:05:17.919 to victory over John Deaton with sixty percent of the vote, 0:05:17.960 --> 0:05:22.040 and Democrats are closely following Reuben Diego's race in Arizona. 0:05:22.080 --> 0:05:25.640 The Democrat leads Republican carry Lake fifty to forty seven percent, 0:05:25.960 --> 0:05:28.839 but just about sixty percent of the vote counted. And 0:05:28.880 --> 0:05:32.560 there were two other historic wins in the Senate for Democrats. 0:05:32.600 --> 0:05:35.599 Lisa Blunt Rochester won a seat in Delaware over Republican 0:05:35.720 --> 0:05:39.080 Eric Hanson, garnering fifty six percent of the vote, and 0:05:39.080 --> 0:05:43.080 Angela also Brooks a Maryland, defeated former Republican Governor Larry 0:05:43.080 --> 0:05:46.240 Hogan fifty two to forty five percent. Their victories will 0:05:46.279 --> 0:05:49.000 mark the first time two black women will serve together 0:05:49.120 --> 0:05:49.680 in the Senate. 0:05:49.880 --> 0:05:51.640 Okay, Karen, Let's take a look at results for the 0:05:51.720 --> 0:05:54.400 US House. Now, Democrats need a net gain of four 0:05:54.480 --> 0:05:57.239 seats to take control and fend off a Republican sweep. 0:05:57.279 --> 0:06:00.120 There are still uncalled races, but right now GOP he 0:06:00.640 --> 0:06:04.599 holds a lead one ninety six to one seventy nine. 0:06:04.839 --> 0:06:08.400 Democrats picked up a seat in Alabama's newly drawn second district. 0:06:08.440 --> 0:06:12.599 Chamari Figures defeated GOPA challenger Caroline Dobson fifty four to 0:06:12.720 --> 0:06:17.160 forty five percent. In Louisiana, Democrat Troy Carter defeated multiple 0:06:17.200 --> 0:06:20.760 Republican challengers with sixty percent of the vote. Democrats also 0:06:20.800 --> 0:06:24.760 won illinois seventeenth district this morning, Eric Sorenson defeated Republican 0:06:24.839 --> 0:06:28.279 Joe McGrath fifty three to forty six percent. Democrats are 0:06:28.279 --> 0:06:32.080 also looking to flip Iowa's District one seat. GOP incumbent 0:06:32.120 --> 0:06:35.840 Marionette Miller Meeks and Democrat Christina Bohannon are tied at 0:06:35.880 --> 0:06:39.360 fifty percent apiece with ninety seven percent of votes counted. 0:06:39.640 --> 0:06:43.880 Republicans are performing well in Midwest states. In Michigan's seventh District, 0:06:43.920 --> 0:06:46.719 the GOP's Tom Barrett flipped the seat. He defeated Democrat 0:06:46.800 --> 0:06:49.680 Curtis Hurdle with fifty percent of the vote. In Pennsylvania's 0:06:49.680 --> 0:06:53.320 eighth district, Republican Robert Bresnahan defeated incumbent or I'm Sorry 0:06:53.400 --> 0:06:57.080 Leeds incumbon Democrat Matt Cartwright with fifty one percent of 0:06:57.120 --> 0:06:59.680 the vote. That race stoked too close to call. In 0:06:59.680 --> 0:07:04.040 pennce vania seventh district, incumbent Democrat Susan Wilde trails Republican 0:07:04.120 --> 0:07:06.920 challenger Ryan Mackenzie. That's a tight race as well, currently 0:07:06.960 --> 0:07:09.720 at fifty point seven percent to forty nine point three. 0:07:10.000 --> 0:07:13.760 And in Pennsylvania's tenth district, GOP incumbent Scott Perry's holding 0:07:13.760 --> 0:07:17.160 onto a tight lead over Democratic challenger den Janelle Stelson. 0:07:17.560 --> 0:07:19.480 Ninety eight percent of the votes are counted there and 0:07:19.480 --> 0:07:22.000 that race is at fifty point eight to forty nine 0:07:22.080 --> 0:07:25.920 point two percent. In North Carolina, Democrat Don Davis leads 0:07:25.960 --> 0:07:28.680 Republican Laurie Buckout for the state's first district of forty 0:07:28.720 --> 0:07:30.920 nine and a half percent of the vote. In Virginia, 0:07:31.000 --> 0:07:34.720 Eugene Vinman is looking to replace fellow Democrat Abigail Spanberger, 0:07:34.720 --> 0:07:37.840 who is not running for reelection. Vinman leads the GOP's 0:07:38.000 --> 0:07:40.800 Derek Anderson fifty one to forty nine percent with ninety 0:07:40.840 --> 0:07:43.520 nine percent of votes counted, and two incumbents are fighting 0:07:43.560 --> 0:07:47.120 to hold on two seats in tight races Elsewhere, Nebraska, 0:07:47.320 --> 0:07:51.320 Republican Don Bacon leads Democrat Tony Vargas fifty one point 0:07:51.400 --> 0:07:54.440 two to forty eight point eight percent, and Democrat Jared 0:07:54.480 --> 0:07:57.040 Golden of Maine is up fifty point eight to forty 0:07:57.040 --> 0:07:59.800 eight point nine percent over Republican Austin Terio. 0:08:00.480 --> 0:08:04.720 Another high profile House wins Nathan include House Speaker Mike Johnson. 0:08:04.760 --> 0:08:08.240 He defeated GOPA challenger Joshua Morid with a whopping eighty 0:08:08.320 --> 0:08:12.000 five percent of the vote. Texas Democrat Henry Quayard defeated 0:08:12.040 --> 0:08:15.880 Republican Jay Furman fifty two to forty seven percent. Former 0:08:15.960 --> 0:08:19.520 Democratic House Speaker Nancy Pelosi crushed Republican Bruce lou with 0:08:19.600 --> 0:08:22.760 eighty percent of the vote. And in Delaware, Democrat Sarah 0:08:22.880 --> 0:08:26.480 McBride be GOPA challenger John Wayland fifty seven to forty 0:08:26.480 --> 0:08:30.240 two percent in Delaware's sole congressional district, becoming the first 0:08:30.280 --> 0:08:32.640 openly transgender member of Congress. 0:08:32.760 --> 0:08:34.520 Well Care in the battle for the House could ultimately 0:08:34.559 --> 0:08:37.120 come down to tight races in California, and they might 0:08:37.160 --> 0:08:40.320 not be decided until next week due to absentee ballot rules. 0:08:40.679 --> 0:08:43.840 Notable races there include Republican Mike Garcia. He's in a 0:08:43.880 --> 0:08:48.520 tough contest with Democrat George Whitesides in California's twenty seventh district. 0:08:48.760 --> 0:08:51.760 Garcia leads fifty one point one percent to forty eight 0:08:51.800 --> 0:08:55.640 point nine percent. Incumbent Democrat Dave Minn trails the GOP 0:08:55.760 --> 0:08:58.520 Scott Bough fifty point six to forty nine point four percent. 0:08:58.559 --> 0:09:02.440 In California's forty seveneventh district, Will Rawlins is looking to 0:09:02.520 --> 0:09:06.160 unseat longtime Republican Ken Calvert of the forty first district. 0:09:06.440 --> 0:09:09.760 Rawlins leads the GOP candidate fifty point three to forty 0:09:09.840 --> 0:09:12.600 nine point seven percent. Sixty five percent of the votes 0:09:12.640 --> 0:09:15.840 are counted there, and Republican John Duarte is in a 0:09:15.880 --> 0:09:20.080 rematch with Democrat Adam Gray. In the thirteenth California District. 0:09:20.120 --> 0:09:23.200 The GOP incumbent currently leads fifty one to forty nine 0:09:23.240 --> 0:09:25.880 percent with about half of votes counted. 0:09:26.200 --> 0:09:29.040 All Right, Nathan. There were also some ballot measures up 0:09:29.080 --> 0:09:31.320 for a vote in states last night, from decisions on 0:09:31.360 --> 0:09:36.120 abortion restrictions to legalizing marijuana. Bloomberg's Michael Barr joins US 0:09:36.160 --> 0:09:38.079 now with a detail smuglecon morning. 0:09:37.840 --> 0:09:41.520 Good Morning Karen. Several states had pro abortion rights items 0:09:41.559 --> 0:09:44.400 on the ballot. In Florida, an abortion ban after six 0:09:44.480 --> 0:09:48.600 weeks remains in effect. A right to an abortion failed. Arizona. 0:09:48.640 --> 0:09:51.200 Voters said he asked on abortion right sixty three percent 0:09:51.200 --> 0:09:54.959 to thirty seven percent. In Montana, they approved an abortion 0:09:55.160 --> 0:09:59.000 rights amendment to the state's constitution. Missouri voters said he 0:09:59.000 --> 0:10:02.000 asked to abortion right fifty two percent to forty eight percent, 0:10:02.080 --> 0:10:05.280 changing from a total ban. Voters in Nebraska had competing 0:10:05.320 --> 0:10:09.040 abortion amendments. Voters agreed to keep a twelve week abortion 0:10:09.200 --> 0:10:12.760 ban in effect fifty five percent to forty five percent. 0:10:13.160 --> 0:10:16.200 South Dakota voted against Abortion Right sixty one percent to 0:10:16.240 --> 0:10:20.280 thirty nine percent, keeping a total abortion ban. Colorado voted 0:10:20.320 --> 0:10:23.040 for Abortion Right sixty one percent to thirty nine percent. 0:10:23.320 --> 0:10:26.200 Nevada voted for abortion rights. The current law is a 0:10:26.240 --> 0:10:30.160 twenty four week ban. Maryland voted for reproductive freedom seventy 0:10:30.160 --> 0:10:33.360 four percent to twenty six percent. New Yorker has passed 0:10:33.400 --> 0:10:37.559 an amendment to bar discrimination on the basis of pregnancy outcomes. 0:10:37.880 --> 0:10:42.000 It passed sixty two percent to thirty eight percent. Increases 0:10:42.040 --> 0:10:44.960 to the minimum wage are on the ballot in several states. 0:10:45.120 --> 0:10:48.920 In California, an increase the minimum wage from sixteen dollars 0:10:49.120 --> 0:10:53.600 to eighteen dollars fifty four percent. In Noah's ahead fifty 0:10:53.640 --> 0:10:57.480 two percent to forty eight percent. Massachusetts rejected a minimum 0:10:57.520 --> 0:11:00.720 wage hike from fifteen dollars an hour. The vote is 0:11:00.800 --> 0:11:05.360 sixty four percent against to thirty sixty four. Several states 0:11:05.360 --> 0:11:10.079 considered whether to legalize marijuana. Florida said no. South Dakota 0:11:10.360 --> 0:11:13.360 is on a path to legalize pot with eighty percent 0:11:13.360 --> 0:11:16.040 of the vote. In it's leading fifty seven percent to 0:11:16.080 --> 0:11:19.079 forty three percent. North Dakota, it looks like pott will 0:11:19.120 --> 0:11:22.160 be legal fifty three percent to forty seven percent. Voters 0:11:22.160 --> 0:11:26.480 in Nebraska approved medicinal marijuana seventy one percent to twenty 0:11:26.559 --> 0:11:30.840 nine percent. New York had five other ballot proposals. Proposal 0:11:30.840 --> 0:11:35.000 two allows the Sanitation Department increased authority to keep all 0:11:35.080 --> 0:11:38.360 city property clean. It's up sixty two percent to thirty 0:11:38.360 --> 0:11:43.240 eight percent. Ballot proposal three requiring a fiscal analysis seventy 0:11:43.240 --> 0:11:46.280 percent in up fifty six percent to forty four percent. 0:11:46.760 --> 0:11:50.520 Ballot Proposal four calls for more notice before votes on 0:11:50.559 --> 0:11:54.040 public safety legislation. It's up fifty seven percent to forty 0:11:54.080 --> 0:11:58.400 three percent. Ballot Proposal five capital planning, up fifty eight 0:11:58.440 --> 0:12:02.480 percent to forty two percent. And ballot Proposal six, it 0:12:02.520 --> 0:12:05.560 would create a new role to support minority and women 0:12:05.720 --> 0:12:09.320 own business enterprise. It's up fifty three percent to forty 0:12:09.360 --> 0:12:12.120 seven percent. That's a look at the results on ballot 0:12:12.160 --> 0:12:15.360 measures this morning in New York. I'm Michael Barr Bloomberg Radio. 0:12:15.480 --> 0:12:19.160 Appreciate that, Michael, Thank you, Donald Trump. The forty fifth 0:12:19.240 --> 0:12:22.160 president of the United States is now projected to become 0:12:22.240 --> 0:12:26.080 the forty seventh president of the United States, currently with 0:12:26.120 --> 0:12:30.120 an electoral College vote count of two seventy seven. Let's 0:12:30.120 --> 0:12:32.600 get more analysis. We are joined by two key members 0:12:32.679 --> 0:12:35.840 of our Bloomberg Politics team, Bloomberg News Managing editor Derek 0:12:35.880 --> 0:12:41.120 Wallbank and our senior editor Bill Ferries. Gentlemen, Good morning, Derek. 0:12:41.320 --> 0:12:43.880 We knew the battleground states were going to be tight. 0:12:44.000 --> 0:12:47.480 The polls showed it, the results show it as well. 0:12:47.800 --> 0:12:51.120 I think maybe the one thing that wasn't predicted was 0:12:51.200 --> 0:12:53.960 just how quickly this result would be declared. 0:12:54.040 --> 0:12:58.240 Good morning, Good morning, Nat. And yes it has all 0:12:58.360 --> 0:13:00.360 if you sort of figure it was a bit on 0:13:00.400 --> 0:13:02.680 a knife edge in terms of all of the polling, 0:13:03.040 --> 0:13:05.560 and he said, well, each of these individuals swing states 0:13:05.600 --> 0:13:07.400 could go one way or the other. Now they're not 0:13:07.480 --> 0:13:10.320 all called, but it looks like pretty much everything has 0:13:10.360 --> 0:13:13.520 gone in Trump's direction. I think particularly one of the 0:13:13.559 --> 0:13:18.760 things you and I were talking about in conversations leading 0:13:18.840 --> 0:13:22.040 up to election day was what was going to happen 0:13:22.440 --> 0:13:26.680 with Donald Trump's pulling in rural voters and turning them 0:13:26.679 --> 0:13:30.720 out at levels Democrats were surprised by up against maybe 0:13:30.800 --> 0:13:33.400 a gender gap advantage for Harris. Well, it turned out 0:13:33.400 --> 0:13:37.640 that there was a gender advantage gap for Trump. He 0:13:37.720 --> 0:13:42.840 really was successful in turning out male voters who had 0:13:42.880 --> 0:13:46.680 not gone for Republicans quite so much, and Harris did 0:13:46.720 --> 0:13:50.319 not make similar inroads among female voters. And indeed, if 0:13:50.360 --> 0:13:53.880 you look across the US, this is not really a 0:13:53.920 --> 0:13:58.240 situation other than about Metro Atlanta where you can say 0:13:58.280 --> 0:14:01.240 that there was anything other than a uniform swing. It 0:14:01.320 --> 0:14:05.640 was a pretty uniform swing towards Donald Trump across the nation. 0:14:06.280 --> 0:14:09.880 Interesting as well, built to see that uniform swing in 0:14:10.080 --> 0:14:13.200 not just the rural vote, but in the gender gap vote. 0:14:13.360 --> 0:14:16.040 When for the most part, we saw a number of 0:14:16.240 --> 0:14:22.360 abortion ballot measures go to pro abortion rights victories that 0:14:22.400 --> 0:14:26.800 did not seem to be enough to give Kamala Harris 0:14:26.800 --> 0:14:27.160 a wave. 0:14:28.800 --> 0:14:32.080 Right, there was a bet by Democrats, including you know, 0:14:32.160 --> 0:14:35.320 petitioning to have some of these measures put on the 0:14:35.360 --> 0:14:39.280 ballots in different states as a way of juicing turnout 0:14:39.720 --> 0:14:43.680 and helping Harris. But we are seeing quite a bit, 0:14:44.080 --> 0:14:46.520 you know, you're seeing quite a bit of tickets splitting 0:14:47.520 --> 0:14:50.760 in the breakdown of how people are voting, So you know, 0:14:50.880 --> 0:14:55.560 people may have voted for Donald Trump but also voted 0:14:55.600 --> 0:14:59.320 for abortion rights at the same time, like they were 0:14:59.360 --> 0:15:02.040 able to sort of of keep those two things together. 0:15:02.240 --> 0:15:05.480 So very interesting to see that. You know, I think, 0:15:05.920 --> 0:15:09.360 as as Derek was saying, kind of across the board, 0:15:09.720 --> 0:15:16.120 you see you see Trump overperforming across demographic groups pretty 0:15:16.200 --> 0:15:18.640 much across almost you know, sort of every group you 0:15:18.680 --> 0:15:21.400 can think of, and Harris underperforming. So, you know, we 0:15:21.480 --> 0:15:26.520 spent this, we spent this sort of election eve watching 0:15:27.320 --> 0:15:30.200 you know, nuggets of good news come in for the 0:15:30.240 --> 0:15:33.520 Trump campaign and not really seeing any breaks at all 0:15:33.560 --> 0:15:36.160 for the Harris campaign. And you know you're seeing that 0:15:36.240 --> 0:15:39.280 now in the popular vote total, and and what's turning 0:15:39.320 --> 0:15:41.840 out to be, you know, a pretty impressive showing by 0:15:41.840 --> 0:15:45.720 the Trump campaign across that vaunted blue wall that the 0:15:45.840 --> 0:15:48.960 Harris campaign said was their last firewall. 0:15:49.240 --> 0:15:51.760 On that blue wall. Derek, how do you account for 0:15:51.920 --> 0:15:55.440 the over performance by former President Trump? Is there gonna 0:15:55.480 --> 0:15:59.320 be some soul searching on the Democratic side about whether 0:15:59.360 --> 0:16:02.960 they should have I've ushered President Biden out of the 0:16:03.080 --> 0:16:07.160 race in states that he did quite a bit better 0:16:07.240 --> 0:16:08.600 in four years ago. 0:16:09.200 --> 0:16:10.680 Well, Nathan, I think there's going to be a lot 0:16:10.680 --> 0:16:14.040 of soul searching from Democrats. And indeed, I don't think 0:16:14.040 --> 0:16:16.360 that you take an election like this and it's still 0:16:16.720 --> 0:16:20.800 it was. It was narrow in terms of the popular vote, 0:16:20.840 --> 0:16:24.480 but it was wide enough. I don't take think that 0:16:24.520 --> 0:16:27.720 you take a loss like this and not look really 0:16:27.760 --> 0:16:29.840 deep in and sort of figure things out. You know, 0:16:29.880 --> 0:16:32.680 sometimes in a very close race, you can say any 0:16:32.760 --> 0:16:34.760 one thing might have made the difference. In a very 0:16:34.840 --> 0:16:37.680 wide race, you really do have to look back and say, Okay, 0:16:38.200 --> 0:16:41.400 what were the sort of national trends, what were the 0:16:41.400 --> 0:16:43.720 things people were feeling. I mean, look, there's been a 0:16:43.760 --> 0:16:46.720 big disconnect and you look about look at this blue 0:16:46.760 --> 0:16:49.920 wall states, especially right states. I know very very well. 0:16:51.400 --> 0:16:55.160 You're looking at these these issues like the economy and 0:16:55.640 --> 0:16:59.640 for all of the things that people might say that 0:16:59.640 --> 0:17:02.840 are positive science. If you're looking at the idea of 0:17:03.000 --> 0:17:05.399 I want to get a house, I want to have kids, 0:17:05.440 --> 0:17:07.640 and I might have to pay for daycare, I want 0:17:07.640 --> 0:17:09.720 to save for those kids college, and I got to 0:17:09.760 --> 0:17:14.280 pay for healthcare. All of those things are very expensive 0:17:14.359 --> 0:17:17.560 compared to where they were twenty thirty years ago. And 0:17:17.600 --> 0:17:20.560 so you have all of these voters who are coming 0:17:20.600 --> 0:17:23.880 into the economy over the last you know, the last 0:17:23.920 --> 0:17:27.280 little while, last twenty thirty years, who are saying I 0:17:27.359 --> 0:17:29.919 don't really feel like I've got as good a shot 0:17:30.040 --> 0:17:34.160 to hit that American dream as my parents did. And 0:17:34.160 --> 0:17:39.240 that's a very profound thing to think, right And so 0:17:39.480 --> 0:17:42.960 as much as much as we can talk about stock 0:17:43.040 --> 0:17:45.639 markets doing this, how's the US dollar against you know, 0:17:45.760 --> 0:17:48.320 various other currencies, at the end of the day, there 0:17:48.359 --> 0:17:51.560 really is a simple question of do you feel better 0:17:51.600 --> 0:17:55.080 now than you did four years ago? And whatever people 0:17:55.119 --> 0:17:58.320 want to say, Voters in a lot of these swing 0:17:58.359 --> 0:18:00.800 states really did come out and say not. 0:18:01.080 --> 0:18:01.159 Not. 0:18:01.320 --> 0:18:05.200 Really, trade is very important in these blue wall states bill, 0:18:05.320 --> 0:18:09.320 so is immigration. We've heard former President Trump promise huge 0:18:09.520 --> 0:18:12.960 tax cuts, tariffs on the rest of the world, and 0:18:13.560 --> 0:18:17.359 a massive deportation if he returns to the White House. 0:18:17.400 --> 0:18:20.080 In our last minute bill, what do you see Trump 0:18:20.080 --> 0:18:22.439 two point zero actually pulling forward. 0:18:24.520 --> 0:18:26.800 Yeah, I think he's going to use that thread of 0:18:26.840 --> 0:18:30.560 tariffs as leverage against a lot of countries, rivals and 0:18:31.320 --> 0:18:34.200 allies as well. So I don't know that we get 0:18:34.200 --> 0:18:37.359 a flat, flat tariff across on all imports, but I 0:18:37.359 --> 0:18:39.560 think he's going to try to use that as a 0:18:39.560 --> 0:18:42.240 wedge against other countries to try to get them to 0:18:42.280 --> 0:18:46.080 buy more American goods or to to to compete more 0:18:46.119 --> 0:18:51.320 favorably on trade. I think, uh, you know, on immigration, 0:18:51.480 --> 0:18:54.240 I think the focus is going to be on looking 0:18:54.280 --> 0:18:58.560 at people who have criminal records and trying to deport them. 0:18:58.600 --> 0:18:58.840 First. 0:18:58.920 --> 0:19:00.840 I don't think there's gonna be an effort to deport 0:19:00.880 --> 0:19:04.000 thirteen million people, but I think he's going to start 0:19:04.119 --> 0:19:06.720 making progress on some of that agenda he promised. 0:19:07.480 --> 0:19:10.920 This is Bloomberg Daybreak, your morning podcast on the stories 0:19:11.000 --> 0:19:14.040 making news from Wall Street to Washington and beyond. 0:19:14.280 --> 0:19:16.680 Look for us on your podcast feed by six am 0:19:16.720 --> 0:19:20.159 Eastern each morning, on Apple, Spotify, or anywhere else you listen. 0:19:20.320 --> 0:19:23.200 You can also listen live each morning starting at five 0:19:23.240 --> 0:19:25.840 am Wall Street time on Bloomberg eleven three to zero 0:19:25.960 --> 0:19:28.840 in New York, Bloomberg ninety nine to one in Washington, 0:19:28.920 --> 0:19:32.240 Bloomberg ninety two to nine in Boston, and nationwide on 0:19:32.400 --> 0:19:34.600 serious XM Channel one twenty one. 0:19:35.000 --> 0:19:37.760 Plus listen coast to coast on the Bloomberg Business app 0:19:37.800 --> 0:19:40.600 now with Apple CarPlay and Android auto interfaces. 0:19:40.840 --> 0:19:43.840 And don't forget to subscribe to Bloomberg News Now. It's 0:19:43.840 --> 0:19:46.600 the latest news whenever you want it in five minutes 0:19:46.680 --> 0:19:49.800 or less. Search Bloomberg News Now on your favorite podcast 0:19:49.840 --> 0:19:54.000 platform to stay informed all day long. I'm Karen Moscow. 0:19:53.800 --> 0:19:56.320 And I'm Nathan Hager. Join us again tomorrow morning for 0:19:56.359 --> 0:19:58.280 all the news you need to start your day right 0:19:58.320 --> 0:19:59.760 here on Bloomberg Day Ray