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Wayne on Manafort Resignation & Trump Campaign (Audio) · Bloomberg Intelligence

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  Speaker 1: Are we turned to another issue and Washington, d C.
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  Speaker 1: Alex Wayne Are a white House editor for a Bloomberg News.
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  Speaker 1: He can be followed on Twitter at A A Wayne
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  Speaker 1: and he's here to tell us more about politics. All right, Alex.
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  Speaker 1: A shake up in the Trump campaign again, Right, go ahead.
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  Speaker 1: Paul Manafourt, the campaign chairman, resigned today, the day after
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  Speaker 1: Trump layered over some some new executives to to help
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  Speaker 1: run his campaign. Uh, and the day after damaging report
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  Speaker 1: was published by the Associated Press essentially alleging that Manaford
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  Speaker 1: had had violated federal law and the violation would be
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  Speaker 1: related to his work for a pro Russian party in
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  Speaker 1: the Ukraine. That's right, the the AP. Uh. It's interesting.
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  Speaker 1: The APE has been reporting on this story for a
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  Speaker 1: while and their leads have gotten increasingly aggressive. They sort
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  Speaker 1: of they sort of the previous stories hadn't really asserted
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  Speaker 1: that that Manafort had violated the law. They've been a
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  Speaker 1: little bit cagy about it because they don't think they
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  Speaker 1: were sure. Today's Today's story or the story that published
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  Speaker 1: last night, flat out said that it appeared that Manafort
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  Speaker 1: should have registers a foreign agent for Ukraine and did
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  Speaker 1: not tell us about this. In the context of the
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  Speaker 1: changes in the Trump campaign with the appointment I believe
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  Speaker 1: of Stephen Bannon, the had the executive from Breitbart News
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  Speaker 1: and also the polster Kelly and Conway as the campaign manager. Yeah,
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  Speaker 1: you know, Trump had had created this kind of what
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  Speaker 1: looked like a fairly unworkable leadership situation where where he
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  Speaker 1: had all of these people who generally kind of had
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  Speaker 1: campaign manager titles. So it makes sense that that one
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  Speaker 1: of them had to go. And since since Bannon and
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  Speaker 1: Conway are the new ones, it's not surprising that Manafort
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  Speaker 1: would step down. It's hard to tell how much of
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  Speaker 1: this Ukraine stuff influenced Trump's decision. I'm not sure he
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  Speaker 1: cares much at all about that. What is Mr Banion's
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  Speaker 1: reputation within the ranks of the Republican Party such as
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  Speaker 1: Paul Ryan, Representative and the leading Republican in the House,
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  Speaker 1: flamethrower thorn in their side? Um, he's he's a headache
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  Speaker 1: for establishment Republicans. He had he had reporters from his
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  Speaker 1: his News organization earlier this year go to go to
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  Speaker 1: Paul Ryan's home in Wisconsin and make a big deal
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  Speaker 1: about the wall that surrounds Ryan's house. Uh as kind
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  Speaker 1: of a ploy to pressure Ryan to to back Trump's
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  Speaker 1: proposal to bill a wall in the Mexican border. So
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  Speaker 1: he's not a popular guy among establishment Republicans. Well, this
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  Speaker 1: hurt Republicans who are running on the ticket with Trump,
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  Speaker 1: meaning congress people, congress men and women, and also senators.
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  Speaker 1: Depends on whether Trump loses. I guess he's uh, he's
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  Speaker 1: still well behind in the polls. I don't he gave
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  Speaker 1: an interesting speech last night, or he made this kind
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  Speaker 1: of vague apology for some of his pastorate marks didn't
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  Speaker 1: specify which ones. He didn't specify who he was apologying
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  Speaker 1: to apologizing to exactly, but it was It was definitely
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  Speaker 1: a change in tone from Donald from the Donald Trump
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  Speaker 1: we've seen previously. A lot of people think maybe this
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  Speaker 1: polster prompted that change. It's um, it doesn't seem like
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  Speaker 1: something that that Steve Bannon would have pressed for. But
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  Speaker 1: if he continues down that path, uh, perhaps he starts
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  Speaker 1: to peel off especially Republican too who have abandoned him
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  Speaker 1: for for Hillary Clinton. Perhaps they go the other way
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  Speaker 1: as as a new Donald Trump emerges in the campaign,
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  Speaker 1: just give you about forty seconds here. The Clinton campaign
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  Speaker 1: and the Clinton Foundation explained going on there. The foundation
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  Speaker 1: announced today that if Hillary Clinton wins the presidency, it'll
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  Speaker 1: stop accepting foreign in corporate donations. UH. This is supposed
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  Speaker 1: to mitigate some of the ethical issues that have been raised.
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  Speaker 1: There's a lot of thinking that that donors have given
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  Speaker 1: money to the Clinton Foundation merely as a way to
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  Speaker 1: cray favorite with the Clinton's I don't see it really
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  Speaker 1: relieving Hillary Clinton of those ethical of this ethical cloud.
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  Speaker 1: I think probably the only solution is to shut down
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  Speaker 1: the foundation altogether. Interesting. Thank you very much. Alex Wayne
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  Speaker 1: white House, edator for Bloomberg News, joining us from Washington,
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  Speaker 1: d C, home to Bloomberg one FM and one oh
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  Speaker 1: five point seven h D two. You can follow alex
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  Speaker 1: Wayne on Twitter at a A Wayne, this is taking Stock.
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  Speaker 1: I'm pim Fox, and this is Bloomberg