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Bloomberg's Sink on the Melania Trump Speech Controversy(Audio) · Bloomberg Intelligence

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  Speaker 1: Broadcasting live to New York, Bloomberg even, to Washington, d C.
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  Speaker 1: where we're speaking with Justin Sink, government reporter for Bloomberg News.
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  Speaker 1: Now look at other news from around the world. Thank you,
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  Speaker 1: Charlie from the Bloomberg Newsroom. I'm Jill Schneider. This news
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  Speaker 1: How Speaker Paul Ryan told a group of Taxes delegates
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  Speaker 1: today that they are either with Donald Trump or against him.
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  Speaker 1: It is either Donald Trump or Hillary Clinton. If you're
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  Speaker 1: not for Donald Trump, if you're not voting, if you're
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  Speaker 1: not showing up, you're hupping Hillary Clinton. Is just pretty
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  Speaker 1: much like we're Ryan will be amongst several congressional leaders
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  Speaker 1: taking the stage in Cleveland tonight. It looks like there's
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  Speaker 1: protest of Soul's decision to allow the deployment of an
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  Speaker 1: Bloomberg Radio. The Obama administration is asking the Supreme Court
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  Speaker 1: A dot net. I'm Charlie Pellett. That's a Bloomberg business flash.
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  Speaker 1: You're listening to taking stock with Kathleen and Pim Fox
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  Speaker 1: on Bloomberg Radio. Feuds and unforced or is at the
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  Speaker 1: Republican National Convention. Joining us now, Justin sink, government reporter,
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  Speaker 1: Bloomberg News, joining us from Cleveland, Ohio, site of the
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  Speaker 1: Republican Convention. Justin, Let's begin with Donald Trump's campaign to
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  Speaker 1: in a sense, control the damage or the blame game
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  Speaker 1: that has intensified over who was responsible for the perhaps
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  Speaker 1: plagiarism flap surrounding milani A. Trump's primetime speech last night. Yeah,
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  Speaker 1: we've heard the campaign sort of immediately take aim at
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  Speaker 1: two parties. First, Hillary Clinton. They're saying that this is
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  Speaker 1: emblematic of her typical line of attack, and and the
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  Speaker 1: second as the media blaming them for over exaggerating. Uh,
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  Speaker 1: what the Trump campaign insists is not actual plagiarism. The
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  Speaker 1: problem with the first charge is that the Clinton campaign
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  Speaker 1: didn't really have anything to do with the the organic
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  Speaker 1: kind of growth and focus on what seemed to be
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  Speaker 1: very similar passages between Donald Trump's speech and Michelle Obama's speech,
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  Speaker 1: and there achieved me Donald Trump's wife speech and Michelle
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  Speaker 1: Obama speech back in two thousand eight. But you know,
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  Speaker 1: this has quickly become I think the dominant theme and
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  Speaker 1: topic and question among all the delegates, all the all
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  Speaker 1: the party leaders here in Cleveland, and something that we're
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  Speaker 1: just hearing a lot about and and has really overshadowed
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  Speaker 1: everything else. Is there any way to understand what the
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  Speaker 1: future is for the campaign manager Paul Manafort in this instance, Well,
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  Speaker 1: we saw Manafort out this morning doing interviews. That's an
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  Speaker 1: indication that the Trump campaign is now is sticking with him.
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  Speaker 1: Although um there are certainly some suggestions that this is
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  Speaker 1: ablematic of problems with within the campaign and competency questions.
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  Speaker 1: There have been a lot of a lot of internal
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  Speaker 1: discord among the Trump campaign and so, uh, you never
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  Speaker 1: really know with with Donald Trump and what hell decided
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  Speaker 1: to do depending on how long this sort of controversy
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  Speaker 1: players on. Tell us more about the anti Trump forces
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  Speaker 1: that disrupted proceedings yesterday over convention rules, and I believe
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  Speaker 1: that Colorado delegation actually walked off the floor. Yeah, we
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  Speaker 1: saw some real anger among delegates who are here. But
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  Speaker 1: in opposition to Donald Trump's domination. There was a fight
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  Speaker 1: over a rule of package that it would essentially smooth
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  Speaker 1: over sailing for for the rest of the conventions for
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  Speaker 1: Donald Trump and his nomination passed by a voice vote.
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  Speaker 1: When delegates demanded a roll call vote that would have
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  Speaker 1: at the very least kind of stretched out those proceedings,
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  Speaker 1: it was overruled by the chair and it led to
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  Speaker 1: big four fight, people yelling at each other, cutting off
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  Speaker 1: the mics for about ten minutes, and and really sort
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  Speaker 1: of underscored a lot of the disunity within the Republican Party.
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  Speaker 1: There's a possibility that we see another version of that
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  Speaker 1: tonight as as Donald Trumps exp to be nominated formally.
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  Speaker 1: But it's also more of a theatric thing than a
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  Speaker 1: procedural thing. He has the delegates to secure the nomination
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  Speaker 1: and the roles package that was pasted yesterday, and sure
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  Speaker 1: is that that will happen. John Kaik, the Ohio governor,
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  Speaker 1: he's been described as making a big mistake and embarrassing
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  Speaker 1: his state by skipping the convention, but that's coming from
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  Speaker 1: the Donald Trump campaign. Yeah, this is a really unique
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  Speaker 1: situation where you see the the candidate attacking the sitting
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  Speaker 1: governor of an important swing states, somebody who they're really
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  Speaker 1: gonna need to help if Donald Trump has a chance
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  Speaker 1: of winning Ohio, which is a crucial state for him.
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  Speaker 1: It's this kind of rust belt state, big swing state
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  Speaker 1: with a lot of electoral votes. And so that this
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  Speaker 1: type of disunity that these types of arguments are going
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  Speaker 1: on as the convention on a really kind of embarrassing
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  Speaker 1: national stage, is a sign that, um, there's a lot
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  Speaker 1: that needs to be papered over and a lot of
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  Speaker 1: bridges that probably need to be built four November for
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  Speaker 1: Donald Trump to to be able to rely on that
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  Speaker 1: state infrastructure that John Kasak has built up. Well, building
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  Speaker 1: that infrastructure might actually cost some money and wants your
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  Speaker 1: thoughts on Las Vegas casino mogul Sheldon Adelson. Is he
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  Speaker 1: going to give a major donation to Donald Trump's campaign?
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  Speaker 1: Has he actually come out and supported Donald Trump. It's
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  Speaker 1: interesting he was asked questions about why he hasn't donated
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  Speaker 1: today and remained completely silent as he was sort of
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  Speaker 1: peppered by questions peppered with questions by reporters. Um, you know,
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  Speaker 1: fundraising has been a struggle for Donald Trump throughout this campaign.
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  Speaker 1: He hasn't designated a superpack. His fundraising his flag significantly
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  Speaker 1: behind Hillary Clinton, as has his cash on hands. And
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  Speaker 1: he's responded to that criticism by saying that he could
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  Speaker 1: self fund his campaign. But lots of Donald Trump's assets
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  Speaker 1: are hied up in real estate or other non liquid assets.
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  Speaker 1: There's a great Bloomberg story today about his valuation and
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  Speaker 1: where all his money comes from. And so there are
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  Speaker 1: some serious questions I think going forward about whether he'll
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  Speaker 1: have the cash that he needs to go up against
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  Speaker 1: Seller Clinton. And just finally, what's the most important thing
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  Speaker 1: we should look for tonight as the Republican Convention continues?
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  Speaker 1: Justin I think we're going to hear from both um
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  Speaker 1: how Speaker Paul Ryan and sent a majority Leader Mitch
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  Speaker 1: McConnell these are the two most establishment Republicans in some senses,
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  Speaker 1: and so to hear the offense which they are actually
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  Speaker 1: stolean Donald Trump's virtues rather than just kind of generally
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  Speaker 1: talking about conservative values. I think it's going to be
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  Speaker 1: a big parton And the second is how this roll
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  Speaker 1: call vote or stay? If I stay, vote for his domination.
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  Speaker 1: Justin Sink Government reporter Bloomberg News joining us from Cleveland, Ohio.
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  Speaker 1: This is Bloomberg coming up. We'll get an overview of
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  Speaker 1: equity markets and take a look at bonds, but also
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