Trump Makes Grand Entrance at RNC; Taps Vance as Running Mate

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 --> 0:00:14.640 following today. 0:00:14.800 --> 0:00:17.840 Karen, let's begin with the latest from the Republican National Convention. 0:00:18.040 --> 0:00:22.120 A dramatic moment on the first night in Milwaukee. 0:00:21.760 --> 0:00:23.360 Please welcome Donald J. 0:00:23.720 --> 0:00:24.119 Trump. 0:00:24.760 --> 0:00:28.600 The former president entered Fiser arena to a standing ovation 0:00:28.760 --> 0:00:30.880 with his right ear and a bandage from the bullet 0:00:30.920 --> 0:00:34.320 wound he suffered on Saturday. This was Trump's first public 0:00:34.360 --> 0:00:38.680 appearance since that assassination attempt in Pennsylvania. Convention speakers are 0:00:38.720 --> 0:00:42.400 throwing their support behind their nominee, including South Dakota Governor 0:00:42.440 --> 0:00:43.080 Christy Nome. 0:00:43.640 --> 0:00:44.320 Donald J. 0:00:44.680 --> 0:00:48.240 Trump is our man in the arena. 0:00:48.360 --> 0:00:52.160 He will never stop fighting for us. He will never 0:00:52.240 --> 0:00:55.120 stop and now he is bringing all of us together. 0:00:55.480 --> 0:00:55.639 Now. 0:00:55.640 --> 0:00:58.560 Former President Trump did not speak at the convention last night. 0:00:58.560 --> 0:01:00.760 He did walk into a box near his family and 0:01:00.880 --> 0:01:03.320 stand next to Senator JD. Vance, the man he had 0:01:03.320 --> 0:01:06.119 tapped just hours before as his running mate. 0:01:05.840 --> 0:01:08.640 Well Nathan. Senator Vance is already making it clear that 0:01:08.720 --> 0:01:12.680 he'll boost former President Trump's populist stance on foreign policy. 0:01:12.959 --> 0:01:16.039 In his first interview since getting the vice presidential nod. 0:01:16.120 --> 0:01:19.679 Vance told Fox's Sean Hennity how Trump would bring the 0:01:19.720 --> 0:01:21.360 war in Ukraine to an end. 0:01:22.600 --> 0:01:24.920 I think what President Trump has promised to do is 0:01:25.000 --> 0:01:28.679 go in there, negotiate with the Russians and Ukrainians, bring 0:01:28.760 --> 0:01:31.360 this thing to a rapid close so that America can 0:01:31.440 --> 0:01:34.320 focus on the real issue, which is China. That's the 0:01:34.360 --> 0:01:37.360 biggest threat for our country, and we're completely. 0:01:36.800 --> 0:01:37.600 Distracted from her. 0:01:38.160 --> 0:01:42.000 Senator JD. Vance on Fox News, Republican Governor Brian Kemp 0:01:42.000 --> 0:01:44.880 of Georgia says Vance will be able to help Trump 0:01:44.920 --> 0:01:46.960 deliver a domestic message as well. 0:01:47.480 --> 0:01:49.640 For me, and what I'm hearing every day is that, 0:01:50.000 --> 0:01:53.120 you know, Americans and Georgians can afford another four years 0:01:53.120 --> 0:01:55.280 of Joe Biden. I think that is a message that 0:01:55.440 --> 0:01:56.760 JD Vance can deliver. 0:01:57.280 --> 0:02:01.000 Georgia Governor Brian Kemp appeared on Bloomberg's Balance of Power 0:02:01.040 --> 0:02:04.440 from the Republican National Convention in Milwaukee. 0:02:03.920 --> 0:02:06.800 And Karen jed Vance joining the GOP tickets also being 0:02:06.840 --> 0:02:09.360 cheered in a portion of Silicon Valley. We get that 0:02:09.400 --> 0:02:12.239 part of the story from Bloomberg's Ed Baxter in San Francisco. 0:02:12.919 --> 0:02:15.560 Much of the area here has been a liberal bastion, 0:02:15.720 --> 0:02:19.560 a Democratic stronghold, but recently a louder voice is being 0:02:19.639 --> 0:02:22.720 heard here in the valley, that of smaller tech and 0:02:22.800 --> 0:02:26.760 venture capital. Vance has been there and today Summon Tech 0:02:26.960 --> 0:02:29.600 chearing one of their own closer to the Oval office, 0:02:29.840 --> 0:02:33.880 Elon Musk saying great choice, David Sachs calling Vance an 0:02:33.880 --> 0:02:37.800 American patriot, Peter Teel who has had his on and 0:02:37.800 --> 0:02:41.760 off relationship cheering the pick, and of course the GOP 0:02:41.919 --> 0:02:44.600 hope is that some of these techies will pony up 0:02:44.880 --> 0:02:48.600 when it comes to financial support. In San Francisco. I'm 0:02:48.600 --> 0:02:49.880 at Baxter Bloomberg Radio. 0:02:50.080 --> 0:02:52.920 All right, and thanks well, I did mention Elon Musk 0:02:53.040 --> 0:02:56.840 approving the Vance VP selection. The billionaires now pledging to 0:02:56.880 --> 0:03:00.320 pour forty five million dollars a month in to a 0:03:00.440 --> 0:03:04.280 pro Donald Trump political groups, a move that would flood 0:03:04.280 --> 0:03:07.240 the Republican nominee re election effort with cash through the 0:03:07.240 --> 0:03:10.800 November election. Must endorse Trump and a post on X 0:03:10.960 --> 0:03:12.640 after this assassination attempt. 0:03:12.800 --> 0:03:15.320 Well as for President Biden, Karen, He's now saying it 0:03:15.360 --> 0:03:17.080 was a mistake to say he wanted to put a 0:03:17.120 --> 0:03:20.400 bullseye on Donald Trump. But in an NBC News interview 0:03:20.400 --> 0:03:23.440 with Lester Holt, the President says his opponent's rhetoric has 0:03:23.480 --> 0:03:24.560 been more incendiary. 0:03:24.840 --> 0:03:26.560 The truth of the matter was what I guess I 0:03:26.600 --> 0:03:29.960 was talking about as the time was there's very little 0:03:29.960 --> 0:03:34.920 focus on Trump's Yeah, the term as bullseye was a 0:03:34.960 --> 0:03:38.320 mistake to use. I I didn't say crossnairs bulls. I'm 0:03:38.560 --> 0:03:43.000 focus on it, Focus on what he's doing, focus on 0:03:43.200 --> 0:03:46.520 as as policies, focus on the number of lies, he 0:03:46.640 --> 0:03:47.800 told the Debate Now. 0:03:47.840 --> 0:03:50.520 President Biden also told NBC's leicster Hold he plans to 0:03:50.560 --> 0:03:53.119 debate former President Trump again in September. 0:03:53.600 --> 0:03:53.760 Well. 0:03:53.760 --> 0:03:57.200 This morning, Nathan President Biden is unveiling a new proposal 0:03:57.240 --> 0:04:00.480 to cap a rental costs across the country. Plan would 0:04:00.480 --> 0:04:03.600 strip at tax benefit from landlords who increase attendance rent 0:04:03.600 --> 0:04:06.560 by more than five percent per year. The measure would 0:04:06.600 --> 0:04:08.200 need to be approved by Congress. 0:04:08.360 --> 0:04:10.800 Turning to the economy Now, Karen J. Powell says recent 0:04:10.880 --> 0:04:14.320 data give policymakers more confidence than inflation is heading toward 0:04:14.360 --> 0:04:16.560 the Fed's two percent goal. The FED chair spoke with 0:04:16.600 --> 0:04:20.440 David Rubinstein at the Economic Club of Washington on inflation. 0:04:21.320 --> 0:04:23.840 In the first quarter. We didn't make any more progress 0:04:24.160 --> 0:04:27.360 the second quarter. Actually, we did make some more progress. 0:04:27.400 --> 0:04:30.920 We've had now three better readings, and if you average them, 0:04:31.440 --> 0:04:32.440 that's a pretty good pace. 0:04:33.000 --> 0:04:35.799 Fed Chair Powell also insists he's not sending a message 0:04:35.800 --> 0:04:38.559 about rate cut timing. The next decision from the Fed 0:04:38.680 --> 0:04:40.040 is July thirty first. 0:04:40.400 --> 0:04:43.000 Well on the equity front, Nathan, we get second quarter 0:04:43.040 --> 0:04:46.360 earnings this morning from two of the nation's biggest banks, 0:04:46.360 --> 0:04:48.480 and we get more from Bloombury Stown Busby. 0:04:49.279 --> 0:04:52.080 Bank of America warned back in April that second quarter 0:04:52.160 --> 0:04:54.960 net interest income could be at a quote low point 0:04:55.000 --> 0:04:58.880 for the year, expected to fall for a third quarter straight. Meantime, 0:04:58.920 --> 0:05:03.400 Morgan Stanley Maypoe its largest revenue gained since twenty twenty one, 0:05:03.480 --> 0:05:06.680 with an expected increase of six percent. That's thanks to 0:05:06.720 --> 0:05:10.320 equity trading and a resilient fixed income market. Tom Busby, 0:05:10.440 --> 0:05:11.440 Bloomberg Radio. 0:05:11.600 --> 0:05:13.880 All right, Tom, thanks for also watching shares of Match 0:05:13.960 --> 0:05:16.479 this morning. They're up eight percent in early trading. Activist 0:05:16.520 --> 0:05:19.120 investors Starboards built to stake more than six point six 0:05:19.160 --> 0:05:21.279 percent in the dating app. That's according to a letter 0:05:21.279 --> 0:05:24.000 reviewed by Bloomberg News. Starboard plans to push for a 0:05:24.080 --> 0:05:26.760 sale of Match if the company fails to turn around 0:05:26.800 --> 0:05:28.400 its operations. 0:05:28.120 --> 0:05:31.320 And in Germany, Nathan shares of Hugo Boss are plunging 0:05:31.320 --> 0:05:34.360 to their lowest level since twenty twenty one. The high 0:05:34.440 --> 0:05:37.800 end fashion retailer slashed its profited guidance for the year, 0:05:38.200 --> 0:05:41.359 citing weakness and key markets like China and the UK, 0:05:41.480 --> 0:05:45.080 and Hugo Boss shares down more than eight percent this morning. 0:05:48.520 --> 0:05:49.760 But as time now for a look at some of 0:05:49.800 --> 0:05:51.800 the other stories making news in New York and around 0:05:51.839 --> 0:05:54.400 the world. For that, we're joined by Bloomberg's Michael Barr 0:05:54.480 --> 0:05:55.640 Michael Good Morning. 0:05:55.440 --> 0:05:57.920 Good Morning care In the New York Attorney General and 0:05:58.080 --> 0:06:01.799 New York Civil Liberties Union have filed lawsuit against Nassau County. 0:06:02.240 --> 0:06:06.680 It comes after County Executive Blakeman signed a new law 0:06:06.720 --> 0:06:11.920 that bans transgender females from participating in women's sporting events 0:06:11.920 --> 0:06:16.400 at county run parks and facilities. Fellow Republican county legislator 0:06:16.600 --> 0:06:18.239 Howard Capel would say. 0:06:18.760 --> 0:06:23.640 It's a common sense kind of measure because. 0:06:25.000 --> 0:06:27.960 Biological males are stronger, they're. 0:06:27.800 --> 0:06:33.320 Bigger, they're faster. Gabriella Lerios is an attorney at the NYCLU. 0:06:34.240 --> 0:06:36.800 This law just like the executive order that came before 0:06:36.839 --> 0:06:40.599 it clearly violates our state's anti discrimination laws. 0:06:41.120 --> 0:06:45.880 Audio courtesy of w NBC. Blakeman signed the order after 0:06:46.040 --> 0:06:49.960 it passed along party lines in the county legislature. Jury 0:06:50.000 --> 0:06:52.800 deliberations will continue for a third day today in the 0:06:52.800 --> 0:06:57.279 corruption trial of Senator Bob Menendez. Yesterday, the jury deliberating 0:06:57.480 --> 0:07:01.040 over eighteen charges at the bribery tru of the New 0:07:01.120 --> 0:07:05.240 Jersey Democrat asked the judge in Manhattan Federal Court if 0:07:05.360 --> 0:07:10.560 unanimity is required to acquit on a single account. Hours later, 0:07:10.640 --> 0:07:13.280 they recessed for the day without reaching a verdict. The 0:07:13.360 --> 0:07:16.840 Menendez trial is in its tenth week. A jury has 0:07:16.880 --> 0:07:21.600 already found former NRI chief executive Wayne LaPier guilty of 0:07:21.640 --> 0:07:26.080 misspending millions of dollars to fund his lavish lifestyle. Now 0:07:26.200 --> 0:07:30.000 the organization's independence will be decided in the second phase 0:07:30.360 --> 0:07:33.080 of a New York civil trial in New York. In 0:07:33.160 --> 0:07:35.720 the first phase of the corruption trial brought by New 0:07:35.800 --> 0:07:40.120 York State Attorney General Letitia James, a jury found LaPier guilty. 0:07:40.520 --> 0:07:43.840 Now prosecutors are seeking remedies, including one that would curb 0:07:43.920 --> 0:07:47.960 the NRA's independence. A judge will decide whether the organization 0:07:48.000 --> 0:07:51.280 will be subject to three years of outside monitoring of 0:07:51.320 --> 0:07:54.960 its finances and whether LaPier will be permanently banned from 0:07:54.960 --> 0:07:59.720 ever returning to nr A leadership. Storms with tornadoes blew 0:07:59.720 --> 0:08:04.920 through Iowa, Illinois, including Chicago, and Indiana, downing trees and 0:08:05.080 --> 0:08:07.800 power lines and cutting power to more than four hundred 0:08:07.800 --> 0:08:11.520 and sixty thousand people. This woman lives in Genoa, Illinois. 0:08:11.920 --> 0:08:14.640 Transformers in our backyards all blue, and a tree fell 0:08:14.680 --> 0:08:15.480 onto them. 0:08:15.720 --> 0:08:18.520 Now we're trying to figure out what all has been 0:08:18.520 --> 0:08:19.400 affected out here. 0:08:19.560 --> 0:08:20.480 Trees are everywhere. 0:08:20.480 --> 0:08:22.280 We are already hit with branches in the backyard. 0:08:22.920 --> 0:08:26.480 The National Weather Service confirmed that a tornado hit Des Moines, Iowa. 0:08:26.640 --> 0:08:30.239 Special Consul Jack Smith will appeal a Florida judge's decision 0:08:30.600 --> 0:08:35.040 dismissing the federal case charging Donald Trump with mishandling classified 0:08:35.120 --> 0:08:39.720 information and obstruction. US District Judge Aleen Kennon tossed out 0:08:39.720 --> 0:08:43.400 the case after finding Attorney General Merrick Garland's appointment of 0:08:43.520 --> 0:08:48.920 Smith as Special Counsul to investigate Trump was unconstitutional. The 0:08:48.960 --> 0:08:51.640 government will now take the fight to the Eleventh Circuit 0:08:51.800 --> 0:08:55.079 US Court of Appeals. Global News twenty four hours a 0:08:55.160 --> 0:08:57.800 day and whenever you want it with the Bloomberg News. Now, 0:08:57.960 --> 0:09:01.520 I'm Michael Barr, and this is Bloomberg Karen. 0:09:01.600 --> 0:09:08.760 Ray, Michael Barr, thank you time now for the Bloomberg 0:09:08.840 --> 0:09:11.000 Sports Update with John stash Hour. 0:09:10.960 --> 0:09:14.199 John all Right, Karen Tonight at Globe Live Field, Arlington, Texas. 0:09:14.200 --> 0:09:17.120 It's the ninety fourth Baseball All Star Game nationally one 0:09:17.200 --> 0:09:19.120 last year, first time since twenty twelve, and the n 0:09:19.240 --> 0:09:22.640 L starting pitcher tonight is Pirates rookie Paul Steins. It 0:09:22.720 --> 0:09:25.360 was just a year ago that he got drafted first overall, 0:09:25.400 --> 0:09:27.439 he has very much lived up with the hype off 0:09:27.440 --> 0:09:30.079 a great season at LSU. Aaron Judge will be facing 0:09:30.200 --> 0:09:31.040 Steams tonight. 0:09:31.280 --> 0:09:34.599 That's exciting. You know, got a chance to watch a 0:09:34.640 --> 0:09:36.840 couple of his games, you know, the past couple of weeks, 0:09:36.880 --> 0:09:39.160 you know, since he got called up, and it's it's 0:09:39.480 --> 0:09:41.280 it's special stuff, man, electric stuff. 0:09:41.280 --> 0:09:41.440 You know. 0:09:41.520 --> 0:09:42.920 Not only is you. 0:09:42.920 --> 0:09:45.160 Can talk about the velocity on his pitches and what 0:09:45.200 --> 0:09:46.880 he does, but you know, the guy's. 0:09:46.679 --> 0:09:47.200 A pitcher man. 0:09:47.240 --> 0:09:49.520 He can work all three, four or five of his pitches, 0:09:50.000 --> 0:09:51.840 throwed every part of his own any count. 0:09:51.960 --> 0:09:54.560 Judge batting fourth in the AL order right behind his 0:09:54.640 --> 0:09:56.840 Yankee team made Juan Sota, who's playing in a third 0:09:56.880 --> 0:09:58.920 straight All Star Game with the third different team. The 0:09:58.920 --> 0:10:02.360 Orioles Corbin starts tonight, So the al last night the 0:10:02.400 --> 0:10:04.439 Home Run Derby. It came down of the Dodgers Tiascar 0:10:04.480 --> 0:10:07.320 Hernandez and the Royals young star Bobby Witt Junior, who 0:10:07.360 --> 0:10:10.040 at the twenty eighteen All Star Game won the High 0:10:10.080 --> 0:10:12.760 School Home Run Derby. His last swing to try and 0:10:12.800 --> 0:10:16.079 tie Hernandez came up just short, and Hernandez won fourteen thirteen, 0:10:16.160 --> 0:10:18.720 first Dodger to win the Derby pee. Alonso was going 0:10:18.720 --> 0:10:20.320 for three wins in the last four years. He went 0:10:20.320 --> 0:10:23.520 out in the first round. Alonso the lone Mets representative. 0:10:23.520 --> 0:10:26.640 Tonight in Abu Dhabi, US Olympic basketball team had a 0:10:26.640 --> 0:10:30.000 struggle but got by Australia ninety eight ninety two Anthony 0:10:30.040 --> 0:10:33.080 Davis seventeen points, fourteen rebounds. The US has another tune 0:10:33.160 --> 0:10:36.840 up game tomorrow in Abu dab against Nikola Jokich and Serbia. 0:10:36.960 --> 0:10:40.319 That's who Their first Olympic game is against wild Night 0:10:40.360 --> 0:10:44.080 in Miami. Before Columbia's lost to Argentina in the Copa 0:10:44.120 --> 0:10:47.240 America final that was bedlam fans storming into without tickets, 0:10:47.240 --> 0:10:50.480 and then after the game, the president of Columbia's Federation 0:10:50.600 --> 0:10:54.040 and his son were both arrested. They faced felony battery 0:10:54.120 --> 0:10:57.080 chargers after an altercation with a security guard. John Stash 0:10:57.200 --> 0:10:58.280 Edward Bloomberg. 0:10:57.920 --> 0:11:04.320 Sports Coast to Coast on Bloomberg Radio, nationwide on Sirius XM, 0:11:04.520 --> 0:11:07.400 and around the world on Bloomberg dot Com and the 0:11:07.440 --> 0:11:10.800 Bloomberg Business app. This is Bloomberg Daybreak. 0:11:10.840 --> 0:11:13.360 You're listening to Bloomberg day Break with me, Nathan Hager 0:11:13.760 --> 0:11:16.320 and Karen Moskow. I want to get more now on 0:11:16.400 --> 0:11:20.319 the presidential race with former President Donald Trump now officially 0:11:20.360 --> 0:11:23.320 the Republican nominee for a third time, thirty nine year 0:11:23.320 --> 0:11:26.480 old Senator JD. Vance as his running mate. Joining us 0:11:26.520 --> 0:11:30.360 now is presidential historian Andy Rude Levich, Professor of Government 0:11:30.400 --> 0:11:33.360 at Bowden College. Andy, good morning, Thanks for being with us. 0:11:33.880 --> 0:11:35.880 I have a feeling we're going to be seeing in 0:11:35.920 --> 0:11:39.400 a loop that image of former President Trump marching into 0:11:39.440 --> 0:11:42.920 Fiserv Arena in Milwaukee with his fist pumping and the 0:11:43.080 --> 0:11:46.640 bandage over his ear. But I want to get your 0:11:46.679 --> 0:11:50.960 impressions of the message we're hearing from the Republican National 0:11:51.000 --> 0:11:52.480 Convention after the first night. 0:11:52.520 --> 0:11:55.640 What are your takeaways, Yeah, well, thanks for having me, 0:11:55.679 --> 0:11:57.679 good morning. I think it's a little bit of a 0:11:57.720 --> 0:12:00.600 mixed message, to be honest, excuse me. The one hand, 0:12:00.640 --> 0:12:04.480 you've got this sort of move towards unity and certainly 0:12:04.520 --> 0:12:07.800 a very united Republican Party that was rapturous in its 0:12:07.840 --> 0:12:12.640 response to the appearance of former President Trump. On the 0:12:12.679 --> 0:12:15.280 other you have you know, sort of these calls for 0:12:15.400 --> 0:12:18.560 unity up against you know, a number of speeches that 0:12:18.600 --> 0:12:22.520 were not particularly unifying, and then of course the naming 0:12:22.559 --> 0:12:25.920 of Senator JD. Vance as the new vice presidential nominee. 0:12:26.160 --> 0:12:28.600 Vance of course, was husually critical of President Trump back 0:12:28.640 --> 0:12:32.880 in twenty sixteen. He's come around. He is, you know, 0:12:32.920 --> 0:12:36.800 now an aggressive proponent of the you know, Maga philosophy. 0:12:38.280 --> 0:12:41.320 But he's again not necessarily a unifying figure, not necessarily 0:12:41.360 --> 0:12:45.360 somebody who's going to expand the Trump base beyond those 0:12:45.400 --> 0:12:49.040 who are already devoted to him. So, you know, I 0:12:49.040 --> 0:12:51.040 thought this might be a chance for a reset, you know, 0:12:51.120 --> 0:12:54.560 where we had, you know, a sort of a broadening 0:12:55.480 --> 0:12:58.200 of the ticket, you know, maybe to include Trump critics 0:12:58.240 --> 0:13:01.920 like Nicki Haley, Trump is sort of doubling down. So 0:13:01.960 --> 0:13:05.079 there's an interesting decision there and we'll see how it 0:13:05.120 --> 0:13:05.960 plays more widely. 0:13:06.320 --> 0:13:09.360 Since you mentioned Nikki Haley, we are expecting the one 0:13:09.400 --> 0:13:12.320 time rival, the one time UN ambassador in the Trump 0:13:12.400 --> 0:13:15.760 cabinet to make her appearance at the RNC this evening. 0:13:15.800 --> 0:13:21.160 What are you expecting to hear from former Ambassador Hailey tonight? 0:13:22.640 --> 0:13:26.000 Yeah, Well, I assume that whatever she has planned as 0:13:26.040 --> 0:13:28.760 a text has been pretty well vetted by the Trump campaign. 0:13:29.000 --> 0:13:31.760 But it'll be interesting to see if she continues to, 0:13:32.280 --> 0:13:35.040 you know, to she rather chooses to hew to the 0:13:35.080 --> 0:13:37.800 sort of more isolationist line with regards, for example, to 0:13:38.120 --> 0:13:42.960 NATO or Ukraine that the top of the ticket and 0:13:43.000 --> 0:13:45.640 now number two on the ticket have been pretty vocal about. 0:13:46.559 --> 0:13:50.200 You know. She was sort of more in the traditional 0:13:50.360 --> 0:13:56.720 you know, foreign policy conservative lane during the primary season, 0:13:56.920 --> 0:14:00.319 and of course was pretty critical of President Trump as 0:14:00.679 --> 0:14:03.280 you know, also being old and perhaps passed his time 0:14:03.320 --> 0:14:05.800 in office. I imagine all that has gone. So you're 0:14:05.800 --> 0:14:07.719 going to talk about unity. She'll talk about the need 0:14:07.880 --> 0:14:12.280 for everyone to come together, and I assume that she will, 0:14:12.679 --> 0:14:16.319 you know, say that President Biden's not up to that task. 0:14:17.280 --> 0:14:20.480 To have a running mate like JD. Vance who sort 0:14:20.520 --> 0:14:25.360 of mirrors former President Trump's populist positions on foreign and 0:14:25.440 --> 0:14:28.920 domestic policy. Does that put the wing represented by Nikki 0:14:29.000 --> 0:14:31.040 Haley sort of on the sidelines in the GOP? 0:14:31.920 --> 0:14:34.640 Oh, for sure. And of course she was disinvited to 0:14:34.720 --> 0:14:37.280 the convention, you know, to start with, it's after the 0:14:37.280 --> 0:14:41.920 assassination attempt. That was revised quickly, and of course he 0:14:42.000 --> 0:14:45.680 had already released her delegates to former President Trump and 0:14:45.800 --> 0:14:49.840 had said she would vote for him. But Yeah, in 0:14:49.920 --> 0:14:54.200 terms of the policies that the Republican platform has adopted, 0:14:54.240 --> 0:14:58.240 and certainly those espoused most loudly by now the two 0:14:58.280 --> 0:15:00.800 people on the ticket, I don't see a lot of 0:15:00.880 --> 0:15:03.400 room for that part of, you know, what was a 0:15:03.400 --> 0:15:07.000 pretty big part of the Republican Party over time to 0:15:07.040 --> 0:15:08.520 have much prominence. 0:15:08.520 --> 0:15:10.200 And the time we have left, Andy, I'd want to 0:15:10.200 --> 0:15:13.040 get your thoughts as well on the latest comments we've 0:15:13.040 --> 0:15:16.720 heard from President Biden putting himself out there much more 0:15:16.800 --> 0:15:19.600 in recent days, not just after the debate performance, but 0:15:20.040 --> 0:15:23.800 after the assassination attempt and the interview with NBC News 0:15:24.320 --> 0:15:26.960 last night, sort of defending his rhetoric. 0:15:27.440 --> 0:15:33.320 Your thoughts, Yeah, Well, certainly, they've been trying now to 0:15:33.360 --> 0:15:40.840 make a clear distinction between the attacks on Trump policy 0:15:41.360 --> 0:15:45.320 and attacks on Trump the person. You know, maybe the 0:15:45.320 --> 0:15:47.960 Republican Convention will give them more stances to focus on 0:15:48.040 --> 0:15:51.600 substance rather than personality. But of course Trump is all 0:15:51.640 --> 0:15:54.360 about personality, and it's pretty hard to distinguish the two 0:15:54.400 --> 0:15:56.960 in a lot of ways, and Biden honestly was not 0:15:57.160 --> 0:16:01.720 that careful in trying to do so. For the assassination attempt. 0:16:01.920 --> 0:16:04.600 I mean, we use Marshall language all the time, we 0:16:04.680 --> 0:16:06.960 take a shot at something, you know. I think the 0:16:07.360 --> 0:16:11.720 use of the word bullseye was probably unfortunate, but surely 0:16:11.760 --> 0:16:14.480 not literal. On the other hand, yeah, I mean, for 0:16:14.520 --> 0:16:16.760 Biden to be on that foot is probably not great. 0:16:16.840 --> 0:16:18.760 He wants to be in a position where he is, 0:16:18.800 --> 0:16:22.800 in fact showing that he is, you know, empathetic, that 0:16:22.840 --> 0:16:26.080 he is unifying, and you know, the more he's talking 0:16:26.120 --> 0:16:28.600 about his own rhetoric, that's obviously going to be difficult. 0:16:28.920 --> 0:16:31.960 This is Bloomberg Daybreak Today, your morning brief on the 0:16:32.000 --> 0:16:35.440 stories making news from Wall Street to Washington and beyond. 0:16:35.920 --> 0:16:38.640 You can also listen live each morning starting at five 0:16:38.680 --> 0:16:41.200 am Wall Street time on Bloomberg eleven three to oh 0:16:41.320 --> 0:16:41.880 in New York. 0:16:42.000 --> 0:16:44.760 Look for us on your podcast beat at six am 0:16:44.800 --> 0:16:48.480 Eastern each morning, on Apple, Spotify, and anywhere else you 0:16:48.520 --> 0:16:49.720 get your podcasts. 0:16:49.880 --> 0:16:52.600 You can also listen live each morning starting at five 0:16:52.640 --> 0:16:55.160 am Wall Street Time on Bloomberg eleven three to oh 0:16:55.280 --> 0:16:58.120 in New York, Bloomberg ninety nine to one in Washington, 0:16:58.240 --> 0:17:01.320 Bloomberg one six to one in bod and Bloomberg nine 0:17:01.480 --> 0:17:02.840 sixty in San Francisco. 0:17:03.000 --> 0:17:06.120 Our flagship New York station is also available on your 0:17:06.160 --> 0:17:11.439 Amazon Alexa devices. Just say Alexa Play Bloomberg eleven thirty bus. 0:17:11.440 --> 0:17:14.439 Listen coast to coast on the Bloomberg Business app, serious 0:17:14.600 --> 0:17:18.560 XM Channel one nineteen, the iHeartRadio app, and on Bloomberg 0:17:18.640 --> 0:17:20.480 dot Com. I'm Nathan Hager. 0:17:20.200 --> 0:17:23.320 And I'm Karen Moscow. Join us again tomorrow morning for 0:17:23.480 --> 0:17:25.960 all the news you need to start your day right 0:17:26.000 --> 0:17:27.639 here on Bloomberg Daybreak