Latest / Balance of Power / Weekly Washington Policy Pulse: Final Thoughts Before Midterm Elections (November 2, 2026)
Transcript
- 0:02Speaker 1: Bloomberg Audio Studios.
- 0:04Speaker 2: Podcasts.
- 0:05Speaker 3: Radio.
- 0:06Speaker 2: News.
- 0:09Speaker 1: This is your weekly Washington Policy Pulse on the Balance
- 0:13Speaker 1: of Power podcast. I'm Joe Matthew. Every Monday, Bloomberg Intelligence
- 0:17Speaker 1: Senior Policy Analyst and friend of the show Nathan Dean
- 0:20Speaker 1: shares his weekly call on upcoming catalysts in the nation's capital.
- 0:24Speaker 1: Listen for the most recent and relevant policy research from
- 0:27Speaker 1: our team at Bloomberg Intelligence. Now with today's installment, here's
- 0:30Speaker 1: Nathan Dean.
- 0:32Speaker 2: Good morning and good afternoon, everybody.
- 0:34Speaker 3: My name is Nathan Dean. I'm a senior policy analyst
- 0:36Speaker 3: with Bloomberg Intelligence. Welcome to the Washington Policy Pulse. It
- 0:40Speaker 3: is November 2nd. It is 10.02 a.m. It is one
- 0:44Speaker 3: day until the midterm elections. Hope you all had a
- 0:47Speaker 3: great Halloween. Hope you all had a great, beautiful weekend
- 0:50Speaker 3: because it is going to be a very busy week
- 0:52Speaker 3: for those of us In the policy sector.
- 0:54Speaker 2: Also. Feel free.
- 0:56Speaker 3: I don't have a ton to talk about today. So
- 0:58Speaker 3: definitely put some questions in chats. I mean if you
- 0:59Speaker 3: want to do questions in chats. We can certainly entertain that.
- 1:03Speaker 2: As well. Using the.
- 1:06Speaker 3: The zoom protocol and those of you who are listening
- 1:09Speaker 3: to us via the balance of power podcast we always
- 1:11Speaker 3: appreciate listening. We just as a reminder, we are going
- 1:15Speaker 3: to have a webinar a quick reaction webinar on Wednesday
- 1:19Speaker 3: at 10am Eastern where we are going to go through
- 1:22Speaker 3: the results we're going to talk about what we think
- 1:24Speaker 3: is going to happen. If you want to have access
- 1:27Speaker 3: to that, please send me a message over the Bloomberg
- 1:29Speaker 3: terminal or send me an email at nd10 at Bloomberg.net
- 1:33Speaker 3: or find me up on LinkedIn because I will post
- 1:35Speaker 3: a link to this as well on LinkedIn. So just
- 1:38Speaker 3: a little bit of an advertisement. Please feel free to
- 1:40Speaker 3: come back. I'm probably going to be up most of
- 1:42Speaker 3: the night on election night. So if you were in
- 1:44Speaker 3: the European time zone and you want to start chatting around,
- 1:47Speaker 3: I'd say 9, 10 a.m. London time, I'll probably be
- 1:49Speaker 3: online around then. So, you know, if you can see
- 1:51Speaker 3: me and I'm green dot LinkedIn. feel free to send
- 1:53Speaker 3: me a message and I'll give you everything I got
- 1:55Speaker 3: in terms of the results. So what's going on in
- 1:58Speaker 3: terms of the elections? Well, you know, the Cal State
- 2:00Speaker 3: prediction market is at a 93% chance that the Democrats
- 2:03Speaker 3: take the House. The Cook Political Report is that the
- 2:07Speaker 3: Democrats are going to take the House. I mean, pretty
- 2:09Speaker 3: much everybody believes the Democrats are going to take the
- 2:11Speaker 3: House at this point.
- 2:12Speaker 2: So what does that happen?
- 2:13Speaker 3: Well, you know, if that happens and the Republicans lose
- 2:15Speaker 3: the House and for what it's worth, I think that's
- 2:17Speaker 3: going to be called like the House race.
- 2:19Speaker 2: And this is not just there's no research on this.
- 2:21Speaker 2: It's just my own belief.
- 2:23Speaker 3: I think the House race potentially could be called by
- 2:25Speaker 3: around 1130 of midnight Eastern time. The reason being is
- 2:29Speaker 3: that there are about 25, 30 seats that are in
- 2:32Speaker 3: the lean D or toss up category that are Republican held.
- 2:35Speaker 3: A lot of those, I want to say like 15
- 2:37Speaker 3: or 17 of those are located in the Eastern time zone,
- 2:40Speaker 3: like in Pennsylvania or New York or Ohio. If those
- 2:43Speaker 3: races ended up going to the Dems, I could see
- 2:46Speaker 3: a couple of the political watchers saying that, you know,
- 2:49Speaker 3: based off of what's going to happen on the West Coast,
- 2:51Speaker 3: the Democrats may take the House of Representatives. Now, in
- 2:54Speaker 3: that scenario, the Republicans and the Democrats both in the
- 2:56Speaker 3: House are going to have to come back next week.
- 2:58Speaker 3: Because remember, Congress comes back on November 9th. and they're
- 3:02Speaker 3: going to have to have leadership elections. Now, Speaker Johnson
- 3:05Speaker 3: has not made a decision on whether he's going to
- 3:08Speaker 3: run for minority leader in, again, in that scenario. If
- 3:11Speaker 3: the Republicans win, he'll obviously remain Speaker. But in that scenario,
- 3:15Speaker 3: he has not made a decision. We could see Representative
- 3:17Speaker 3: Scalise come into the fold. We could see Representative Jim
- 3:20Speaker 3: Jordan of Ohio come in. And that election is destined
- 3:23Speaker 3: to take place, as of right now, November 10th. So
- 3:26Speaker 3: we'll see what happens on the Republican side. I could
- 3:29Speaker 3: personally see Johnson essentially saying, look, We lost the House.
- 3:33Speaker 3: It's now up to somebody else. But again, it's very
- 3:36Speaker 3: hard for a speaker to say, I'm just going to leave.
- 3:39Speaker 3: I mean, we saw Nancy Pelosi go from speaker to
- 3:41Speaker 3: minority leader, et cetera. So we'll see what happens on
- 3:44Speaker 3: the Republican side. On the Democratic side, look, Hakeem Jeffries,
- 3:48Speaker 3: the representative from New York, is going to be the
- 3:49Speaker 3: next speaker of the House if the Democrats win. That election,
- 3:52Speaker 3: I think they have not made a decision, but a
- 3:55Speaker 3: couple of the news outlets are reporting that that is
- 3:57Speaker 3: going to be taking place the week of November 16th.
- 4:01Speaker 3: And then the way it works is, is that then
- 4:04Speaker 3: you'll want to have your leadership in place, the committee
- 4:07Speaker 3: assignments and the committee chairs and so forth. Those will
- 4:09Speaker 3: generally be announced after Thanksgiving, early December, sometimes a little
- 4:13Speaker 3: bit earlier. I mean, look, I mean, if there's not anybody,
- 4:16Speaker 3: if there's not a race, you know. And it's pretty
- 4:19Speaker 3: much decided. But then the committee chairs are going to
- 4:21Speaker 3: be played out over the next couple of weeks. Over
- 4:24Speaker 3: the House Financial Services Committee, Maxine Waters, who's the current
- 4:27Speaker 3: ranking member, wants to be the next chair. There's one,
- 4:29Speaker 3: if not two, members that are going to be racing
- 4:31Speaker 3: against them. So some of these are easier said than done.
- 4:34Speaker 1: Uh.
- 4:35Speaker 3: now on the senate side to look at the republicans uh...
- 4:38Speaker 3: you know up until you know i'd say up until
- 4:40Speaker 3: last week it looked more of a toss-up now if
- 4:43Speaker 3: you look at the polling data that's come out over
- 4:44Speaker 3: the last couple days and if you look at the
- 4:46Speaker 3: prediction markets the prediction markets went from the democrats are
- 4:49Speaker 3: having a sixty three percent chance to today i just
- 4:51Speaker 3: checked it's now at a seventy four percent chance the
- 4:54Speaker 3: democrats take senate uh... the polling numbers over the last
- 4:57Speaker 3: couple days have been even better for democrats and combine
- 5:01Speaker 3: that with some of the early voting numbers But, you know,
- 5:05Speaker 3: if anybody's here, a Brazil watcher or an Israel watcher
- 5:07Speaker 3: in terms of their elections, we saw the prediction markets
- 5:09Speaker 3: were wrong in that scenario. So there are folks around
- 5:12Speaker 3: here that continue to believe. And I honestly can't tell
- 5:16Speaker 3: you what I believe. I mean, Joe Weisenthal, the host
- 5:19Speaker 3: of Odd Lots, put it out on social media this
- 5:21Speaker 3: morning that the left brain of him tells him. And
- 5:24Speaker 3: I remember if left brain is analytical or creative, but
- 5:27Speaker 3: his left brain is saying that the data is.
- 5:29Speaker 2: Going to be right.
- 5:30Speaker 3: His right brain is going to say Susan Collins never
- 5:32Speaker 3: loses in Maine. Texans are never going to elect a
- 5:35Speaker 3: Democrat statewide office. I'm in the same boat. So I
- 5:38Speaker 3: can honestly see a blue wave coming through. I could
- 5:40Speaker 3: also see the Republicans having a fairly decent night in
- 5:43Speaker 3: the Senate.
- 5:44Speaker 2: But we'll see what happens.
- 5:46Speaker 3: Just for those who are keeping track, the Senate probably
- 5:49Speaker 3: won't be called until Wednesday. For example, in Alaska, I
- 5:53Speaker 3: just learned this this morning, that only 60% of the
- 5:55Speaker 3: votes in Alaska are actually going to be collected on
- 5:58Speaker 3: election night. And then it will actually take up to
- 6:01Speaker 3: 10 days for the rest of Alaska to actually collect
- 6:04Speaker 3: all their votes. And so certain states are faster than others.
- 6:07Speaker 3: Maine is actually a slow state. So California is a
- 6:10Speaker 3: slow state. Virginia and Texas are fast states. So again,
- 6:15Speaker 3: it's just going to be really interesting to see what
- 6:17Speaker 3: happens next. Now, the next thing I'm going to share
- 6:19Speaker 3: with is, let's go ahead and share.
- 6:25Speaker 2: Actually, I just see the question.
- 6:26Speaker 3: Washington chatter on the Stevens switch in the Michigan race,
- 6:28Speaker 3: impactful or just noisy? The question there is, is that
- 6:32Speaker 3: Representative Haley Stevens actually endorsed Mike Rogers over Abdullah El-Sayed
- 6:37Speaker 3: in the.
- 6:38Speaker 2: Senate race just yesterday.
- 6:39Speaker 3: The Washington chatter, from what I've been seeing, and there
- 6:43Speaker 3: was actually a great guest on surveillance this morning who
- 6:48Speaker 3: was a pollster and essentially said, look, you know, It
- 6:52Speaker 3: happened 48 hours before the election, and Michigan's right now
- 6:56Speaker 3: already running at 50%, close to 50% of all the
- 6:58Speaker 3: votes that are expected in Michigan have already been cast.
- 7:02Speaker 3: So it may be too soon or too little too
- 7:05Speaker 3: late type of situation. Representative Stevens essentially has ended her
- 7:10Speaker 3: political career with the Democratic Party.
- 7:11Speaker 2: They kicked her off the voting rolls. We'll see if
- 7:14Speaker 2: it has.
- 7:15Speaker 3: It certainly is going to have an impact, but is
- 7:18Speaker 3: it going to have a significant impact? Probably the prediction
- 7:22Speaker 3: markets didn't think so. I mean, when this came out,
- 7:24Speaker 3: Abdulaziz's number went from about 69% down to about 66%
- 7:29Speaker 3: chance of victory.
- 7:30Speaker 2: But that's as far as it went.
- 7:31Speaker 3: So, you know, it's one of those things where there
- 7:35Speaker 3: are a lot of people around here that think Mike
- 7:37Speaker 3: Rogers is going to win. There's a lot of people
- 7:38Speaker 3: around here that think Abdulaziz is going to win.
- 7:41Speaker 2: Other question.
- 7:42Speaker 3: Do you think there will be a Votapalooza for Republican
- 7:44Speaker 3: minority leader like there was for Kevin McCarthy? The question
- 7:49Speaker 3: here refers to, if you remember, Kevin McCarthy, when he
- 7:53Speaker 3: was the speaker of the House or was going to
- 7:55Speaker 3: be the speaker of the House. I had to go
- 7:56Speaker 3: through 15 rounds of votes.
- 7:58Speaker 2: I think it was 15.
- 7:59Speaker 3: And remember, this is when Patrick McHenry, the former House
- 8:02Speaker 3: Financial Services chair, was the chairman pro temp. He had
- 8:04Speaker 3: to gavel and he was actually gaveling it really hard
- 8:06Speaker 3: to the point where we thought he was going to
- 8:08Speaker 3: break it. Is there going to be a votapalooza on
- 8:11Speaker 3: the minority side?
- 8:12Speaker 2: Potentially.
- 8:14Speaker 3: But if the Democrats lose the House or sorry, if
- 8:16Speaker 3: the Democrats win the House of Representatives. This is just
- 8:19Speaker 3: a pure party line ballot. And I actually think and
- 8:22Speaker 3: somebody you're watching, you probably know. But correct me if
- 8:25Speaker 3: I'm wrong in the chat. I actually think that the
- 8:27Speaker 3: the leadership positions that are for minority leader actually closed
- 8:31Speaker 3: ballot versus an open ballot system and so forth. So
- 8:38Speaker 3: I don't know that off the top of my head,
- 8:39Speaker 3: but I don't think there's going to be a there
- 8:41Speaker 3: could be some hiccups here.
- 8:43Speaker 2: Uh, but I don't think it's going.
- 8:44Speaker 3: To be, uh, a Vodapalooza type thing that, uh, uh,
- 8:48Speaker 3: we're certainly not going to watch. And for one of
- 8:50Speaker 3: the reasons why just a little bit of DC fun fact,
- 8:53Speaker 3: one of the reasons why the Vodapalooza was so fun
- 8:55Speaker 3: to watch from a political perspective is because those cameras that.
- 8:59Speaker 2: Are in the house, those are C-SPAN cameras, right?
- 9:01Speaker 3: The party that owns the house is the party that
- 9:04Speaker 3: controls the camera. But because the House had not been
- 9:07Speaker 3: put into session yet, those cameras were actually being operated
- 9:11Speaker 3: by C-SPAN members or C-SPAN employees. And so the C-SPAN
- 9:15Speaker 3: employee could actually point the camera at somebody and get
- 9:17Speaker 3: their reaction, where if it's a Republican operative or a
- 9:21Speaker 3: Democratic operative, they're going to keep the camera very basic
- 9:24Speaker 3: and just not.
- 9:24Speaker 2: Move it anywhere.
- 9:26Speaker 3: So that was one of the reasons why the Votapalooza
- 9:28Speaker 3: was a little bit.
- 9:29Speaker 2: More fun to watch.
- 9:30Speaker 3: Okay, so going on to the other major thing that
- 9:34Speaker 3: I wanted to show, I'm going to share my screen.
- 9:37Speaker 3: We launched this this morning on the Bloomberg Terminal. This
- 9:41Speaker 3: is a Democratic congressional investigation tracker that I wanted to
- 9:46Speaker 3: show with you. We have identified about 300 companies that
- 9:53Speaker 3: we think the Democrats can go after in terms of investigations.
- 9:57Speaker 3: Because as a reminder, the Democrats don't have the ability
- 10:00Speaker 3: to actually implement policy. You can't get a Trump veto
- 10:03Speaker 3: unless you have two-thirds vote in the House, two-thirds vote
- 10:05Speaker 3: in the Senate. And I'm not seeing any of that.
- 10:08Speaker 3: So what they're going to do is they're going to
- 10:10Speaker 3: conduct investigations. Now, So if you want this tracker, send
- 10:14Speaker 3: me an instant Bloomberg message. It's unfortunately, for those of
- 10:17Speaker 3: you who are listening off terminal, I can't send it
- 10:19Speaker 3: to you off terminal. It's only it's got to remain
- 10:20Speaker 3: on terminal. But over the next few weeks and months,
- 10:25Speaker 3: as the Democratic messages go out and the investigations, I
- 10:29Speaker 3: saw one report saying the investigators.
- 10:31Speaker 2: Are being hired as we speak.
- 10:33Speaker 3: As that is going on, these 200 or so companies
- 10:36Speaker 3: will get whittled down a little bit more. But you
- 10:39Speaker 3: can see here, I just pulled up crypto, for example, Coinbase,
- 10:42Speaker 3: you know, the House Financial Services, Democrats were looking at
- 10:45Speaker 3: in terms of industry payments, business ties to the Trump family, crypto.com, Kraken.
- 10:51Speaker 3: You know, if I just go back to all, let's
- 10:53Speaker 3: just pick on airlines, for example, because it's right here.
- 10:54Speaker 2: Oh, I need to fix that. It should be airlines,
- 10:57Speaker 2: should be airlines. United Airlines, you know.
- 11:01Speaker 3: The United Airlines sponsored the United Freedom 250 sponsorship. But
- 11:08Speaker 3: I honestly think, and this is where my thesis was
- 11:11Speaker 3: in the piece that I put out this morning, the
- 11:14Speaker 3: thesis was that they're going to go after the Trump
- 11:16Speaker 3: family first. And the Trump family investments here and any
- 11:20Speaker 3: company that's close towards the Trump venture capital fund, et cetera.
- 11:26Speaker 3: And so I think what will happen here is if
- 11:28Speaker 3: you're in the crypto sector, the defense sector, SpaceX, Intel,
- 11:32Speaker 3: I mean, questions about the Intel acquisition, the Democrats are
- 11:36Speaker 3: going to look at this. And the way the Democrats
- 11:38Speaker 3: are going to do it is they're essentially going to
- 11:39Speaker 3: pull up the CEO. They're And for what it's worth,
- 11:42Speaker 3: when I send you this tracker, for those of you
- 11:44Speaker 3: on the terminal, if you don't have a terminal, this
- 11:46Speaker 3: is available. Elliot Stein and I did a votes and
- 11:49Speaker 3: verdicts podcast with a partner from A.O. Sherman, one of
- 11:52Speaker 3: the law firms here in town. And we took that
- 11:54Speaker 3: partner through. His name's Adam Schwartz. We took him through
- 11:57Speaker 3: the process of what it's like to be a CEO
- 12:01Speaker 3: who's getting a subpoena from Congress. Because unlike a subpoena
- 12:06Speaker 3: from a criminal or civil through the courts, there's ways
- 12:10Speaker 3: you can combat it. But with Congress, there's a public
- 12:15Speaker 3: perception portion of it. Do you want to fight off
- 12:17Speaker 3: a subpoena that's coming from the Democrats? So if the
- 12:20Speaker 3: CEO does come to Congress and has to testify, the
- 12:23Speaker 3: way the Democrats are going to do it Did you, CEO,
- 12:27Speaker 3: enter into an agreement with the White House that benefited
- 12:29Speaker 3: you over your competition or benefited you to the detriment
- 12:34Speaker 3: of the American consumer? And the CEO will come back
- 12:37Speaker 3: and say, I'm going to give you various high-level thoughts here.
- 12:42Speaker 2: I'm not going to really say anything.
- 12:43Speaker 3: Or the CEO is going to come back and say,
- 12:45Speaker 3: the White House has informed me through the Office of
- 12:48Speaker 3: General Counsel over the White House that that our communications
- 12:51Speaker 3: are considered privileged, which is not the normal way of
- 12:54Speaker 3: looking at things, but because the White House is saying it,
- 12:57Speaker 3: our communications are privileged.
- 12:58Speaker 2: I can't answer that question.
- 12:59Speaker 3: And the next Democrat is going to say same question,
- 13:01Speaker 3: and the CEO is going to say the same answer.
- 13:03Speaker 3: And they're going to drag that CEO for two hours
- 13:06Speaker 3: over the same questions to the point where it doesn't
- 13:08Speaker 3: look good. So from an investing side, it's a headline risk.
- 13:12Speaker 3: But from a shareholder angst position, think of big tobacco.
- 13:16Speaker 3: The big tobacco CEOs. Think of John Stumpf when he
- 13:18Speaker 3: was Wells Fargo CEO back in 2016. He came to
- 13:22Speaker 3: the Senate Banking Committee, very poor hearing, board pushed him
- 13:25Speaker 3: out a month later. So this is where the Democrats
- 13:28Speaker 3: are going because they've seen President Trump push the bully pulpit.
- 13:32Speaker 3: And they were like, we want to come back and
- 13:34Speaker 3: do it as well. So, again, that tracker is probably
- 13:36Speaker 3: going to be updated every Friday, maybe every other week
- 13:40Speaker 3: until we actually start getting to see more traction. But
- 13:43Speaker 3: we're collecting all the letters that the I mean, the
- 13:46Speaker 3: Democrats have been sending letters to these firms for two
- 13:48Speaker 3: years now. And so I will definitely send you that tracker.
- 13:52Speaker 3: But that votes and verdicts episode is available on Apple
- 13:56Speaker 3: and Spotify for all your listening needs.
- 13:59Speaker 2: So. I just want to pull up and make sure
- 14:01Speaker 2: we don't have any additional questions. Okay. I'm seeing not.
- 14:04Speaker 2: Next thing on our list is what happens after the election?
- 14:07Speaker 3: Well, I just went on Bloomberg Radio a few minutes ago,
- 14:10Speaker 3: and I sort of think I gave Paul Sweeney the
- 14:14Speaker 3: wrong answer here because he said, what are you telling
- 14:16Speaker 3: clients most about the election?
- 14:17Speaker 2: And I said, you know what?
- 14:19Speaker 3: One of the most interesting things that I'm telling clients
- 14:21Speaker 3: right now is that by this week, this time next week,
- 14:24Speaker 3: nobody's going to care about the election.
- 14:26Speaker 2: Uh.
- 14:26Speaker 3: and what i mean by that is is that there
- 14:28Speaker 3: is a lot of joking that the presidential races kickoff
- 14:30Speaker 3: for twenty twenty eight on wednesday But it's also being
- 14:33Speaker 3: reported that the United States is considering bombing Iran on Wednesday,
- 14:36Speaker 3: potentially later this week, and that the White House is
- 14:40Speaker 3: preparing a flurry of executive orders in response to the
- 14:43Speaker 3: Democrats taking over the House. Because if you lose the
- 14:46Speaker 3: House and you lose legislation, then how do you implement policy?
- 14:50Speaker 3: You do it via executive orders, and you do it
- 14:52Speaker 3: where the power of the presidency is more powerful.
- 14:53Speaker 2: That's geopolitical. That's tariffs.
- 14:56Speaker 3: Now, in their reporting on the executive orders, they were
- 14:58Speaker 3: talking about tariffs. They were talking about visa restrictions. They
- 15:01Speaker 3: were talking about housing policy. The tariffs ones, absolutely huge
- 15:05Speaker 3: investing impact. If you're Nike or if you're Lululemon or
- 15:08Speaker 3: Costco or anything like that, I mean, we've been telling
- 15:10Speaker 3: clients that 2027 is the year of the tariff. From
- 15:13Speaker 3: a lot of those executive orders, the way this is
- 15:15Speaker 3: how I described it on radio is that when you
- 15:17Speaker 3: get that executive order out, you have to immediately deal
- 15:20Speaker 3: with the volatility risk that comes associated with that headline
- 15:23Speaker 3: because these executive order headlines can be very scary or
- 15:26Speaker 3: very opportunistic depending on where you are on that trade.
- 15:28Speaker 3: But then when you read the executive order, a lot
- 15:30Speaker 3: of times they say, I direct my treasury secretary or
- 15:33Speaker 3: my commerce secretary to either work with Congress or to
- 15:37Speaker 3: conduct a rulemaking or to conduct a study. If you
- 15:40Speaker 3: work for Congress, then the Democrats are going to say no.
- 15:42Speaker 3: If you need to do a rulemaking, that's going to
- 15:44Speaker 3: take a long time to put in place. And if
- 15:46Speaker 3: you're going to conduct a study, it means most likely
- 15:49Speaker 3: the issue is not going to happen before the end
- 15:50Speaker 3: of the 2028 election. So read that executive order, and
- 15:54Speaker 3: then after that executive order, you should get time as
- 15:57Speaker 3: an investor. Once that headline risk has subsided, then you
- 16:01Speaker 3: should get time as an investor and you can certainly
- 16:03Speaker 3: work with us to help figure that out but you
- 16:05Speaker 3: expect a big a bunch of executive orders. So we
- 16:07Speaker 3: talked about Iran we talked about the fact that geopolitical
- 16:10Speaker 3: matters are going to come back. Last two things I
- 16:12Speaker 3: want to keep you up to speed on is the
- 16:15Speaker 3: treasury refunding is scheduled for eight thirty on Wednesday. I
- 16:18Speaker 3: have nothing to do with that but my chief rate
- 16:20Speaker 3: strategist Ira Jersey does so if you ever want to
- 16:22Speaker 3: talk about that just as a heads up. And then
- 16:25Speaker 3: finally the Lisa Cook hearing is scheduled over at the
- 16:27Speaker 3: White House later this week not hearing its committee hearing.
- 16:31Speaker 3: As a reminder, and definitely if you need more intel,
- 16:33Speaker 3: talk to my colleague Elliot Stein on this. But essentially
- 16:37Speaker 3: the way I would work it is that there was
- 16:39Speaker 3: supposed to be or there's supposed to be a hearing
- 16:41Speaker 3: over at the White House about Lisa Cook.
- 16:45Speaker 2: She's not in the country. She's not here.
- 16:47Speaker 3: So I wouldn't be surprised if both sides just say,
- 16:48Speaker 3: you know, let's postpone it to December. Finally, President Trump
- 16:52Speaker 3: is speaking over at the Lincoln Memorial at 2 p.m.
- 16:54Speaker 2: Today.
- 16:55Speaker 3: Those remarks could be somewhat interesting. For those of you
- 16:58Speaker 3: in D.C., they've already started closing down the roads. I
- 17:00Speaker 3: can tell you from a traffic perspective, it's going to
- 17:04Speaker 3: be nuts getting out of here today. But as we
- 17:07Speaker 3: go through election week, please feel free to reach out.
- 17:10Speaker 3: If you see me online with the green dot or
- 17:13Speaker 3: send me a message, I'll get you all the intel
- 17:15Speaker 3: I can get you. I'll get you all the answers
- 17:17Speaker 3: I can get you. That webinar, again, is on Wednesday
- 17:19Speaker 3: at 10 a.m. I'll send that out to folks. It'll
- 17:21Speaker 3: be on my LinkedIn and my social media feeds. But
- 17:23Speaker 3: as always, if we can ever be of assistance, please
- 17:26Speaker 3: don't hesitate to reach out and have a wonderful week.
- 17:28Speaker 2: Thank you.
- 17:31Speaker 1: Our thanks to Nathan Dean, Bloomberg Intelligence Senior Policy Analyst,
- 17:35Speaker 1: bringing you the latest installment of his weekly Washington Policy Pulse.
- 17:39Speaker 1: For more from BI or to join this call live
- 17:42Speaker 1: each week, you can email Nathan at ndean at bloomberg.net.
- 17:47Speaker 1: That's N-D-E-A-N at bloomberg.net. Come back to the podcast later
- 17:52Speaker 1: today for the latest edition of Balance of Power.
- 17:57Speaker 3: Thank you.