Latest / Bloomberg Intelligence / Bloomberg's Heilemann on Trump, Fracture of Republicans (Audio)

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Bloomberg's Heilemann on Trump, Fracture of Republicans (Audio) · Bloomberg Intelligence

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  Speaker 1: very much, Bill Maloney, So again an update for US
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  Speaker 1: to taking Stock with Kathleen Names and Pim Fox on
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  Speaker 1: Bloomberg Radio broadcasting line today from Smith Malinsky near Boston
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  Speaker 1: Harmer in Boston's Seaport District. Time now for our daily
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  Speaker 1: dive into politics. As Donald Trump throws out yet another
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  Speaker 1: stunner to a zonn party by declaring himself unready to
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  Speaker 1: endorse House Speaker Paul Ryan, who's you know, the highest
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  Speaker 1: ranking elected Republican, as well as two other prominent Senate
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  Speaker 1: Republicans here to discuss this and more is John Heilman. John,
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  Speaker 1: of course, is host of With All Due Respect week
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  Speaker 1: nights at five pm on Bloomberg TV, and you can
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  Speaker 1: also catch the show on Bloomberg in Washington, d C. So, John,
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  Speaker 1: how important is this to Paul Ryan and other Republicans?
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  Speaker 1: How much does this help or hurt Donald Trump? First
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  Speaker 1: of all, Um, have you guys, either one of you
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  Speaker 1: guys had a stake up there yet? Well not today,
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  Speaker 1: I had the stake tips, but I have had stakes here? Okay?
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  Speaker 1: Is it good? At pass? John? Him? Quite good? Okay? Good?
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  Speaker 1: I just wonder whether next time I was in Boston
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  Speaker 1: I hit Smith Will Lensky. And it sounds like you
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  Speaker 1: guys are big endorsers. It's beautiful out here speaking of endorsements. Um,
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  Speaker 1: you endorse Smith Ollen Lenski more, um, more vehemently than
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  Speaker 1: Donald Trump endorses Paul Ryan, John mckinn and Kelly and
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  Speaker 1: Um it's it's look forget about whether it helps them
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  Speaker 1: or not. Paul Ryan's gonna win his primary. John McCain
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  Speaker 1: is in a more complicated situation. Kelly it's probably gonna
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  Speaker 1: win um her scenario. But it's really just an unprecedented thing.
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  Speaker 1: You know, You're we're now into the well into the
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  Speaker 1: general election. Donald Trump is the head of the Republican Party. UM,
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  Speaker 1: he's been endorsed by the Speaker of the House, who
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  Speaker 1: is the highest ranking Republican elected official in the country. UM.
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  Speaker 1: For Donald Trump not to endorse Paul Ryan, even though
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  Speaker 1: it is the case that Paul Ryan has criticized Trump
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  Speaker 1: on some occasions. He's really unprecedented, nothing like it ever
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  Speaker 1: really in the history of modern politics. And it goes
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  Speaker 1: to a sense that I think some people have, which
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  Speaker 1: is that you know, Trump, who used to be kind
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  Speaker 1: of thought of as the Chaos candidate, is maybe now
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  Speaker 1: the Kama Kazee candidate. UM behaving in ways over the
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  Speaker 1: course of UH particularly over the course of these last
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  Speaker 1: um five six days, starting with his attacks over many
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  Speaker 1: days now in a row of the Khan family, UM
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  Speaker 1: who spoke against him, as you will recall at the
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  Speaker 1: Democratic Convention and caused a huge fure. His behavior has
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  Speaker 1: been so erratic, so much more erratic than even normal
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  Speaker 1: by Trump standards, that you know, people are starting to
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  Speaker 1: wonder whether this guy is UM just hell bent on
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  Speaker 1: destroying himself, his candidacy and the Republican Party in the process,
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  Speaker 1: and it's caused an extraordinary moment right now in which
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  Speaker 1: much of official Republican in Washington and the party in
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  Speaker 1: general is trying to figure out what to do. Should
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  Speaker 1: they stick with Donald Trump, Should they renounced Donald Trump?
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  Speaker 1: Should they withdraw their endorsements of Trump? UM? Are there
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  Speaker 1: political interests now such that what they thought before was true,
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  Speaker 1: which was they were uncomfortable with Trump, but they saw
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  Speaker 1: more upside in endorsing him and distancing themselves. Is it
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  Speaker 1: now more in their political interests to just completely cut
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  Speaker 1: their ties with him and try to go it alone?
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  Speaker 1: John Heilman, is there an active discussion in the Republican
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  Speaker 1: Party about what would happen if Donald Trump exits the race?
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  Speaker 1: There's an active discussion of that. UM. It's not widespread,
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  Speaker 1: but it's active, and there are lawyers in Washington. Over
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  Speaker 1: the last twenty four hours you've been looking at the
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  Speaker 1: rules of the Republican National Committee as to what would
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  Speaker 1: happen if Trump dropped out again. A lot of the
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  Speaker 1: stems from the notion that maybe Trump is is if
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  Speaker 1: he got frustrated enough that and he thought he was losing,
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  Speaker 1: would he possibly drop out of the race and just
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  Speaker 1: say the hell with us. I don't want to be
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  Speaker 1: part of this anymore. It's a rig system. Everyone's against me.
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  Speaker 1: I'm gonna go back to my business. Um. So there's
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  Speaker 1: a discussion about it, and people have discovered that, Uh,
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  Speaker 1: contrary to what a lot of people think, that Mike Pence,
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  Speaker 1: the running mate the vice presidential nominee and the Republican Party,
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  Speaker 1: would not automatically become the Republican nominee. In fact, the
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  Speaker 1: decision about who would be the new Republican nominee falls
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  Speaker 1: entirely to the Republican National Committee and it's hundred and
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  Speaker 1: sixty eight members. Um, It's there's a lot of complexity
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  Speaker 1: to how it would go down, but essentially the RNC
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  Speaker 1: would pick a new nominee if that were the case. Now, again,
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  Speaker 1: no one's saying this is the high probability likelihood. But
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  Speaker 1: again to speak to the unprecedented nature of the moment
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  Speaker 1: we're in, we're having this discussion right now and it's August. So, Um,
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  Speaker 1: nothing like this has ever happened in my career covering politics,
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  Speaker 1: and that's about twenty five years, and I would say
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  Speaker 1: nothing like this has ever happened in the modern history
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  Speaker 1: of Republican or Democratic politics. So, John, what do you
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  Speaker 1: hear from inside the Clinton camp? Are the laughter, laughter, uh,
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  Speaker 1: gasps of amazement? Um, Look, I mean they're they're now
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  Speaker 1: trying in a very aggressive way. And you saw President
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  Speaker 1: Obama yesterday, uh, speaking out at the press conference that
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  Speaker 1: he gave yesterday when asked a question about this kind
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  Speaker 1: of trying to make the points, trying to put a
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  Speaker 1: very fine point on the question. How can you he
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  Speaker 1: said yesterday, Republicans who have endorsed Donald Trump, how can
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  Speaker 1: you be in a position where you are forced to
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  Speaker 1: denounce him all the time and still maintain your endorsements.
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  Speaker 1: Don't you think you should? You know, isn't your isn't
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  Speaker 1: it your conscience telling you that you must now walk away?
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  Speaker 1: What's happening there is the Democratic Party and the former
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  Speaker 1: President Obama and the Clinton campaign are trying to break
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  Speaker 1: the back of the Republican Party right now. And that's
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  Speaker 1: a sign of how much vulnerability they sense because of
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  Speaker 1: Trump's recent behavior. John Heilman just quickly at George W.
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  Speaker 1: Bush criticizing Trump's policies at a fundraiser. Yes um uh
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  Speaker 1: he President Bush uh took two spoke, did not mention
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  Speaker 1: Donald Trump by name, but talked about nativism, isolationism, and
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  Speaker 1: protectionism and said those are all bad things. Um, all
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  Speaker 1: three of those things are associated with Donald Trump. So
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  Speaker 1: you don't have to do much reading between the lines
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  Speaker 1: to hear where President Bush is on the question of
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  Speaker 1: Donald Trump. Thank you very much. John Heilman, the host
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