Bloomberg Audio Studios, podcasts, radio news. You're listening to the Bloomberg Balance of Power podcast. Catch Just Live weekdays at noon Eastern on Appo, CarPlay, and.

Bloomberg Audio Studios, podcasts, radio news. You're listening to the Bloomberg Balance of Power podcast. Catch Just Live weekdays at noon Eastern on Appo, CarPlay, and.

Then roud Otto with the Bloomberg Business app.

Then roud Otto with the Bloomberg Business app.

Listen on demand wherever you get your podcasts, or watch us live on YouTube.

Listen on demand wherever you get your podcasts, or watch us live on YouTube.

We know now what we've all been waiting to know for the last sixteen days. Who was going to join Vice President Kamala Harris on the ticket this cycle? We now know that it is the Governor of Minnesota, Tim Walls, perhaps not known to many, but maybe known to some in part because of his viral cataloging of JD. Vance and Donald Trump as weird. Remember this on CNN earlier this summer, people.

We know now what we've all been waiting to know for the last sixteen days. Who was going to join Vice President Kamala Harris on the ticket this cycle? We now know that it is the Governor of Minnesota, Tim Walls, perhaps not known to many, but maybe known to some in part because of his viral cataloging of JD. Vance and Donald Trump as weird. Remember this on CNN earlier this summer, people.

Kept talking about, look, Donald Trump is going to put women's lives at risk.

Kept talking about, look, Donald Trump is going to put women's lives at risk.

That's one hundred percent true.

That's one hundred percent true.

Donald Trump is potentially going to end constitutional liberties that we have, end voting. I do believe all those things are a real possibility, but it gives him way too much power. Listen to the guy he's talking about, Hannibal Lecter and you shocking Sharks and just whatever crazy thing pops into his mind. And I thought we just give him way too much credit.

Donald Trump is potentially going to end constitutional liberties that we have, end voting. I do believe all those things are a real possibility, but it gives him way too much power. Listen to the guy he's talking about, Hannibal Lecter and you shocking Sharks and just whatever crazy thing pops into his mind. And I thought we just give him way too much credit.

Weird crazy. There you have it from Tim Walls. Fast forward Kaylee a week in change and he's now on the Democratic ticket. We're going to be seeing him at five thirty Eastern time, or so goes the schedule, alongside Kamala Harris at Temple University in Philadelphia. So we've got a race here, and the sprint begins as we bring in Gregory Cordy, Bloomberg Politics reporter with this at the table here. Gregor, you've been covering this campaign cycle since the beginning. It's not till now that we actually have a race, which is kind of remarkable. Here in the throes of August, on our way to the Chicago convention, Republicans have been trying to frame Kamala Harris, trying to identify her. They've got another job here to try to identify an essentially unknown politician when it comes to the most households and a race to frame this person into something that can help one side or the other. How's this going to work out?

Weird crazy. There you have it from Tim Walls. Fast forward Kaylee a week in change and he's now on the Democratic ticket. We're going to be seeing him at five thirty Eastern time, or so goes the schedule, alongside Kamala Harris at Temple University in Philadelphia. So we've got a race here, and the sprint begins as we bring in Gregory Cordy, Bloomberg Politics reporter with this at the table here. Gregor, you've been covering this campaign cycle since the beginning. It's not till now that we actually have a race, which is kind of remarkable. Here in the throes of August, on our way to the Chicago convention, Republicans have been trying to frame Kamala Harris, trying to identify her. They've got another job here to try to identify an essentially unknown politician when it comes to the most households and a race to frame this person into something that can help one side or the other. How's this going to work out?

Yeah, he is pretty much a blank slate for most voters, and so both sides will try to sort of, as you say, frame up some sort of a reference point for who.

Yeah, he is pretty much a blank slate for most voters, and so both sides will try to sort of, as you say, frame up some sort of a reference point for who.

Is this guy?

Is this guy?

And was it say about Kamala Harris that she chose him as her running mate. You know, I think what we've already seen from Republicans is that he is an extreme liberal. I'm not sure how that's going to play. He is sort of a middle American. He's got a you know, life story that is, you know what, born in a small town. Yeah, when in the Army National Guard, rose to the rank of command sergeant major. So this isn't an officer. This is the highest ranking enlisted man ever to serve in Congress. He was a teacher and a football coach before he decided to run for Congress. So those are the things we're going to hear from from Democrats. But he also, it does have a very progressive streak. As a governor. He instituted paid leave and childcare, free free lunch and breakfast at public schools, lgbtq Q rights, abortion rights, a whole litany of progressive policy positions. So yeah, he is somebody who, depending on how you look at him, could be either a very moderate or very liberal.

And was it say about Kamala Harris that she chose him as her running mate. You know, I think what we've already seen from Republicans is that he is an extreme liberal. I'm not sure how that's going to play. He is sort of a middle American. He's got a you know, life story that is, you know what, born in a small town. Yeah, when in the Army National Guard, rose to the rank of command sergeant major. So this isn't an officer. This is the highest ranking enlisted man ever to serve in Congress. He was a teacher and a football coach before he decided to run for Congress. So those are the things we're going to hear from from Democrats. But he also, it does have a very progressive streak. As a governor. He instituted paid leave and childcare, free free lunch and breakfast at public schools, lgbtq Q rights, abortion rights, a whole litany of progressive policy positions. So yeah, he is somebody who, depending on how you look at him, could be either a very moderate or very liberal.

Well, when we think more critically about some of those quote unquote progressive policy positions, free lunch for school children, paid family leave. Are these ideas that are actually unpopular or are these actually, whether or not you cast them as left right or center, things that most of America would sign on too too.

Well, when we think more critically about some of those quote unquote progressive policy positions, free lunch for school children, paid family leave. Are these ideas that are actually unpopular or are these actually, whether or not you cast them as left right or center, things that most of America would sign on too too.

Oh.

Oh.

I think the the what we can now call the Harris Walls ticket hopes that they are very popular, and they are if any one of these policies in isolation and you pull them, these are very popular things. What Republicans is going to try to do is sort of put them in a package of very expensive nanny state proposals that are big sign of how she's going to be big government, big spending liberal in the mold of what we have seen from Joe Biden with his Building Back Better agenda that has focused on this sort of care infrastructure of American life.

I think the the what we can now call the Harris Walls ticket hopes that they are very popular, and they are if any one of these policies in isolation and you pull them, these are very popular things. What Republicans is going to try to do is sort of put them in a package of very expensive nanny state proposals that are big sign of how she's going to be big government, big spending liberal in the mold of what we have seen from Joe Biden with his Building Back Better agenda that has focused on this sort of care infrastructure of American life.

People were just as surprised to learn as it was Tim Wallas as were surprised to learn it was not Josh Shapiro, which really seemed to be the narrative going into this day. The tip sheets were maybe onto something this morning in a slightly different way. But the statement from Josh Shapiro is striking if you read this. This came a couple of hours after the news leaked. As I've said repeatedly over the past several weeks, the running mate decision was a deeply personal decision for the vice president, and it was also a deeply personal decision for me. He says. Pennsylvanians elected me to a four year term as their governor, and my work here is far from finished, suggesting that this was some sort of mutual decision. I'm guessing the campaign didn't approve of this statement.

People were just as surprised to learn as it was Tim Wallas as were surprised to learn it was not Josh Shapiro, which really seemed to be the narrative going into this day. The tip sheets were maybe onto something this morning in a slightly different way. But the statement from Josh Shapiro is striking if you read this. This came a couple of hours after the news leaked. As I've said repeatedly over the past several weeks, the running mate decision was a deeply personal decision for the vice president, and it was also a deeply personal decision for me. He says. Pennsylvanians elected me to a four year term as their governor, and my work here is far from finished, suggesting that this was some sort of mutual decision. I'm guessing the campaign didn't approve of this statement.

Look, I mean, this is part of the game of selecting a vice president. And if you are if you can read the writing on the wall as a potential running mate and see that you're not going to get it anyway, as perhaps Roy Cooper, the governor of North Carolina did, and withdraw your name from consideration, saying it's not the right time or for personal reasons or family reasons or whatever have you, it's better to sort of bow out early. I think, you know, there's a lot of face saving here. In the end, I'm not sure how much of that really matters. I mean, there's only one person who can be vice president at a time. There's only one other person she can put on the ticket she had, you know, I think her campaign would say she had a lot of good Democrats to choose from. Yeah, the fact that she waited just as Trump did, right but to the last possible self imposed deadline to make this decision just hours before she's set to appear with with this candidate. I mean, this was something that she spent a good amount of time over the past few days, really sort of agonizing over all.

Look, I mean, this is part of the game of selecting a vice president. And if you are if you can read the writing on the wall as a potential running mate and see that you're not going to get it anyway, as perhaps Roy Cooper, the governor of North Carolina did, and withdraw your name from consideration, saying it's not the right time or for personal reasons or family reasons or whatever have you, it's better to sort of bow out early. I think, you know, there's a lot of face saving here. In the end, I'm not sure how much of that really matters. I mean, there's only one person who can be vice president at a time. There's only one other person she can put on the ticket she had, you know, I think her campaign would say she had a lot of good Democrats to choose from. Yeah, the fact that she waited just as Trump did, right but to the last possible self imposed deadline to make this decision just hours before she's set to appear with with this candidate. I mean, this was something that she spent a good amount of time over the past few days, really sort of agonizing over all.

Right, Gregory Cordy, who covers all things politics for us here at Bloomberg, thank you so much. It took a little bit longer than we thought, but the pick is in and we get reaction now from our signature political panel, Rick Davis and Jeanie shan Zey Noo Bloomberg Politics contributors are with us now here on Bloomberg TV and Radio. So obviously we know at this point, guys, Walls has been well received by Democrats from the AOC end of the spectrum all the way to Joe Mansion of West Virginia. It does seem that his candidacy is being welcomed with open arms. So for me, it's not even just a question of the Democratic reaction, it's the question of the Republican one, right, because they too also seem quite happy with this pick. Is Tim Walls the easiest one to run against.

Right, Gregory Cordy, who covers all things politics for us here at Bloomberg, thank you so much. It took a little bit longer than we thought, but the pick is in and we get reaction now from our signature political panel, Rick Davis and Jeanie shan Zey Noo Bloomberg Politics contributors are with us now here on Bloomberg TV and Radio. So obviously we know at this point, guys, Walls has been well received by Democrats from the AOC end of the spectrum all the way to Joe Mansion of West Virginia. It does seem that his candidacy is being welcomed with open arms. So for me, it's not even just a question of the Democratic reaction, it's the question of the Republican one, right, because they too also seem quite happy with this pick. Is Tim Walls the easiest one to run against.

Well, he doesn't control any electoral votes directly, so I know Republicans were very nervous about having to fight a rearguard action against a VP like Shapiro who actually is in a state and is popular, who's got electoral votes that matter. So this simplifies things. They can tee off on him and there'll be no blowback. They've plan to lose Minnesota anyway, so that's one thing too. It does play to the sort of narrative that they've tried and frankly really unsuccessfully to pin Kamala Harrison, which is, oh, well, she's much too liberal for America. You know, coming out of the Biden administration. Biden is seen as a centrist. Kamala Harris they're trying to make her something other than that, and you know, this is their narrative, and so this kind of plays into that much harder to pin down other candidates like Kelly and Shapiro in that regard. So they're happy about this. They get this opportunity, and it's not without its controversy. Right, We've talked a little bit about you know, today the George Floyd incident and the the amount of time that the Vice president nominee Walls took as governor to get the National Guard out. There'll be all those kinds of things. There's plenty to talk about. The reality is this is a tough decision by Republicans because every day they go after Walls, they're not going after Kamala Harris. This is terrific for Kamala Harris because buying large people vote on her, not on him. So if they waste a lot of time and effort and money to define Walls, they could find out that in the meantime she has grown her image and is very popular and right now she's the only politician in this race that has higher positives than negatives, and they might miss that opportunity. So right now it's kind of a tough period of time for Republicans to figure out, like do they just give Walls a walk and go after Harris or do they jump on Walls. Today it's all Walls.

Well, he doesn't control any electoral votes directly, so I know Republicans were very nervous about having to fight a rearguard action against a VP like Shapiro who actually is in a state and is popular, who's got electoral votes that matter. So this simplifies things. They can tee off on him and there'll be no blowback. They've plan to lose Minnesota anyway, so that's one thing too. It does play to the sort of narrative that they've tried and frankly really unsuccessfully to pin Kamala Harrison, which is, oh, well, she's much too liberal for America. You know, coming out of the Biden administration. Biden is seen as a centrist. Kamala Harris they're trying to make her something other than that, and you know, this is their narrative, and so this kind of plays into that much harder to pin down other candidates like Kelly and Shapiro in that regard. So they're happy about this. They get this opportunity, and it's not without its controversy. Right, We've talked a little bit about you know, today the George Floyd incident and the the amount of time that the Vice president nominee Walls took as governor to get the National Guard out. There'll be all those kinds of things. There's plenty to talk about. The reality is this is a tough decision by Republicans because every day they go after Walls, they're not going after Kamala Harris. This is terrific for Kamala Harris because buying large people vote on her, not on him. So if they waste a lot of time and effort and money to define Walls, they could find out that in the meantime she has grown her image and is very popular and right now she's the only politician in this race that has higher positives than negatives, and they might miss that opportunity. So right now it's kind of a tough period of time for Republicans to figure out, like do they just give Walls a walk and go after Harris or do they jump on Walls. Today it's all Walls.

A lot of interesting labels being thrown around here. Gregory Cordy just says, you need depending on the issues you pick, you could frame Tim Walls as a liberal or a moderate. I think you described him already as a populist progressive. What is that?

A lot of interesting labels being thrown around here. Gregory Cordy just says, you need depending on the issues you pick, you could frame Tim Walls as a liberal or a moderate. I think you described him already as a populist progressive. What is that?

Well, you know, I was trying to differentiate him from this notion that he is progressive. Let's face it, he did get the endorsements of the more progressive wing, from Bernie Sanders to Ilhan Omar. But many people look at Tim Waltz who know him from the Midwest and say he is something more of a populist and something that Gregory was talking about when in your conversation, this idea of populism as smaller government, stay out of our business. And Tim Waltz, when you look at it, has repeatedly said the golden rule of small town America is keep to yourself, mind your own business, and that is very popular to populists. Sorry for the double wording there as opposed to a progressive notion of big spending economic policies. And Kaylee was just talking about the fact that many of the policies he's supported, they're widely popular. And one thing when you listen to Tim Waltz defend his record, what does he say. He says, attack me any time you want. For giving every young person a free lunch at their school, that's something you can stand on attack me every time you want for helping subsidize the ridiculously expensive childcare costs in this country. So he's got a defense of that that is very attractive. And I would just say one statement that came out in support of him by Joe Manchin that you mentioned twice. Use the term that Josh you Win Grove is using in his article on the terminal now, which is normal bring back normality. That's what Tim Waltz does, normalcy in Washington. Can you imagine that's another popular thing that Democrats want to talk about with his choice.

Well, you know, I was trying to differentiate him from this notion that he is progressive. Let's face it, he did get the endorsements of the more progressive wing, from Bernie Sanders to Ilhan Omar. But many people look at Tim Waltz who know him from the Midwest and say he is something more of a populist and something that Gregory was talking about when in your conversation, this idea of populism as smaller government, stay out of our business. And Tim Waltz, when you look at it, has repeatedly said the golden rule of small town America is keep to yourself, mind your own business, and that is very popular to populists. Sorry for the double wording there as opposed to a progressive notion of big spending economic policies. And Kaylee was just talking about the fact that many of the policies he's supported, they're widely popular. And one thing when you listen to Tim Waltz defend his record, what does he say. He says, attack me any time you want. For giving every young person a free lunch at their school, that's something you can stand on attack me every time you want for helping subsidize the ridiculously expensive childcare costs in this country. So he's got a defense of that that is very attractive. And I would just say one statement that came out in support of him by Joe Manchin that you mentioned twice. Use the term that Josh you Win Grove is using in his article on the terminal now, which is normal bring back normality. That's what Tim Waltz does, normalcy in Washington. Can you imagine that's another popular thing that Democrats want to talk about with his choice.

Well, Genie, as you bring up this notion of populism, that of course is also how we describe JD. Vance and Donald Trump, maybe in different ways, but it does seem that there is an attempt here to appeal to the exact same kind of voter, one in which populace messaging does resonate, specifically the American worker. We know that labor has come out in favor of Governor Walls, but labor is also a group that Trump and Vance are trying to attract. So what is the messaging that wins them over and how much daylight is there actually between the policies that both are likely to pursue.

Well, Genie, as you bring up this notion of populism, that of course is also how we describe JD. Vance and Donald Trump, maybe in different ways, but it does seem that there is an attempt here to appeal to the exact same kind of voter, one in which populace messaging does resonate, specifically the American worker. We know that labor has come out in favor of Governor Walls, but labor is also a group that Trump and Vance are trying to attract. So what is the messaging that wins them over and how much daylight is there actually between the policies that both are likely to pursue.

You know, I think this is a really smart choice just for that reason you described, because what the Democrats will try to do is co opt some of those moderate independents, maybe even soft and never trump Republicans who they need to win in these seven swing states. And you just take one example, an issue like gun control. Tim Waltz is famously somebody who it has guns, who uses guns, is a Second Amendment advocate, But he comes to it saying, we can have smart policies where people who use guns and are educated to use them and train to use them, can use them and have them in their homes, but we can do so safely, all the while protecting our young people in their schools. That's attractive to many people in the Middle. Yes, let people have their guns, but let's do so in a common sensical way. If you're not going to be able to have a gun, if you're on a terrorist watch list, maybe you're not allowed to have one at all. So he comes to it with that kind of approach that is attractive to people in the middle If they can co opt those people, they feel that they have a shot in some of these hard to reach middle of America towns and cities that are going to be so important in this blue wall.

You know, I think this is a really smart choice just for that reason you described, because what the Democrats will try to do is co opt some of those moderate independents, maybe even soft and never trump Republicans who they need to win in these seven swing states. And you just take one example, an issue like gun control. Tim Waltz is famously somebody who it has guns, who uses guns, is a Second Amendment advocate, But he comes to it saying, we can have smart policies where people who use guns and are educated to use them and train to use them, can use them and have them in their homes, but we can do so safely, all the while protecting our young people in their schools. That's attractive to many people in the Middle. Yes, let people have their guns, but let's do so in a common sensical way. If you're not going to be able to have a gun, if you're on a terrorist watch list, maybe you're not allowed to have one at all. So he comes to it with that kind of approach that is attractive to people in the middle If they can co opt those people, they feel that they have a shot in some of these hard to reach middle of America towns and cities that are going to be so important in this blue wall.

Reaching young people and reaching folks who may not always be politically active or interested is another part of this genie, and it's something that we talk a lot about the chemistry between these two, but also the personality, the way they project themselves in different forums here and I'm compelled by Tim Wall's command of social media, the number of young people who are aware of him from his cooking videos. This type of thing something Kamala Harris has gotten involved in, taking to Instagram or TikTok to do this kind of stuff. Here's a taste of what Tim Wallas is up to online.

Reaching young people and reaching folks who may not always be politically active or interested is another part of this genie, and it's something that we talk a lot about the chemistry between these two, but also the personality, the way they project themselves in different forums here and I'm compelled by Tim Wall's command of social media, the number of young people who are aware of him from his cooking videos. This type of thing something Kamala Harris has gotten involved in, taking to Instagram or TikTok to do this kind of stuff. Here's a taste of what Tim Wallas is up to online.

Just clip off the back you some shrink wrap connectors on there, tape it back together and put it back in. It's about a five minute fix and you're back on the road, safe and sound.

Just clip off the back you some shrink wrap connectors on there, tape it back together and put it back in. It's about a five minute fix and you're back on the road, safe and sound.

So pro tip of the day.

So pro tip of the day.

Second one is get out and vote for one Minnesota.

Second one is get out and vote for one Minnesota.

Then you take it out, cut it and bone.

Then you take it out, cut it and bone.

Up and tea.

Up and tea.

Well, well, come on, bone up and tea. Kamala Harris working on dinner there. But they're not alone. Donald Trump, of course, no stranger to social media, has got his own social media company, and you might have seen him sit down for an interview with this Aiden Ross, a video gamer who's apparently very popular online. Rick he gifted Donald Trump a Tesla cyber truck and a Rolex, tapping into this sort of young macho guy thing online. How much of this presidential race and the bid to find people who are either undecided or not politically involved is going to find itself born here on social media?

Well, well, come on, bone up and tea. Kamala Harris working on dinner there. But they're not alone. Donald Trump, of course, no stranger to social media, has got his own social media company, and you might have seen him sit down for an interview with this Aiden Ross, a video gamer who's apparently very popular online. Rick he gifted Donald Trump a Tesla cyber truck and a Rolex, tapping into this sort of young macho guy thing online. How much of this presidential race and the bid to find people who are either undecided or not politically involved is going to find itself born here on social media?

Yeah, it's obviously Donald Trump is leaning into sort of the social media side of the campaign. Much of his campaign is really playing out on social media. I'll admit that I don't quite understand the whole influencer craze. The idea that millions of people would follow this young man who's you know, painted up Tesla truck and a watch and gave it to Donald Trump. I mean, to me, that is kind of an odd campaign event. I'm not sure I would have gone for it. But you know, they've probably got millions of views on you know, Instagram or x or true social. So the reality is there are kind of two, you know, different campaigns playing out. There's traditional media campaign where you hold events and you talk to the press and you buy TV advertising, and then there's an entire campaign being waged out there on social media where things like world wrestling champions prevail and folks who drive Tesla trucks seem to have a real hook. Whether or not that can actually turn out votes is a big question. I don't think anybody I know thinks that that necessarily is is good fruit to pick.

Yeah, it's obviously Donald Trump is leaning into sort of the social media side of the campaign. Much of his campaign is really playing out on social media. I'll admit that I don't quite understand the whole influencer craze. The idea that millions of people would follow this young man who's you know, painted up Tesla truck and a watch and gave it to Donald Trump. I mean, to me, that is kind of an odd campaign event. I'm not sure I would have gone for it. But you know, they've probably got millions of views on you know, Instagram or x or true social. So the reality is there are kind of two, you know, different campaigns playing out. There's traditional media campaign where you hold events and you talk to the press and you buy TV advertising, and then there's an entire campaign being waged out there on social media where things like world wrestling champions prevail and folks who drive Tesla trucks seem to have a real hook. Whether or not that can actually turn out votes is a big question. I don't think anybody I know thinks that that necessarily is is good fruit to pick.

Jury's still out on a lot of things here with our signature panel, great analysis from Rick Davis and Genie Shanzano. Just hours after the pick, Tim walls it is and thank you both for the insights they were on Kick, Kaylee, are you familiar with the platform no Kick live streaming and gaming mad Millennial?

Jury's still out on a lot of things here with our signature panel, great analysis from Rick Davis and Genie Shanzano. Just hours after the pick, Tim walls it is and thank you both for the insights they were on Kick, Kaylee, are you familiar with the platform no Kick live streaming and gaming mad Millennial?

Yeah, I just missed the boat.

Yeah, I just missed the boat.

On a lot of that.

On a lot of that.

I can't watch you gaming online? No, I guess we don't do that here.

I can't watch you gaming online? No, I guess we don't do that here.

You can see us here though. On Bloomberg TV and radio.

You can see us here though. On Bloomberg TV and radio.

You're listening to the Bloomberg Balance of Power podcast live weekdays at noon Eastern on Applecarplay and then roud.

You're listening to the Bloomberg Balance of Power podcast live weekdays at noon Eastern on Applecarplay and then roud.

Oro with the Bloomberg Business app.

Oro with the Bloomberg Business app.

You can also listen live on Amazon Alexa from our flagship New York station, Just Say Alexa Play Bloomberg eleven.

You can also listen live on Amazon Alexa from our flagship New York station, Just Say Alexa Play Bloomberg eleven.

Thirty While we've talked a lot about the news of the day, which is of course the presidential race and more specifically the tapping of Governor Tim Walls to be Vice President Kamala Harris's running mate, the current president of the United States has been busy today too. A readout just coming from the National Security Council spokesman saying that he just got off the phone with the leaders of Cutter and Egypt discussing diplomatic efforts to de escalate tension in the Middle East in the region and bring a ceasefire and hostage release deal to a conclusion. It's a reminder to us all, Joe that we are still awaiting retaliation from Iran and its proxies against Israel for the Israeli strikes we've seen against Hesbola and Hamas leaders in recent week.

Thirty While we've talked a lot about the news of the day, which is of course the presidential race and more specifically the tapping of Governor Tim Walls to be Vice President Kamala Harris's running mate, the current president of the United States has been busy today too. A readout just coming from the National Security Council spokesman saying that he just got off the phone with the leaders of Cutter and Egypt discussing diplomatic efforts to de escalate tension in the Middle East in the region and bring a ceasefire and hostage release deal to a conclusion. It's a reminder to us all, Joe that we are still awaiting retaliation from Iran and its proxies against Israel for the Israeli strikes we've seen against Hesbola and Hamas leaders in recent week.

And we know the Secretary of State Anthony Blincoln met with top officials from Cutter in Egypt as well just yesterday, so we have an interesting moment here. We should also remind our listeners and viewers Joe Biden and Kamala Harris were together in the Situation room yesterday being briefed on Iran backed militia attacks against Americans in Iraq. This is a very delicate moment we're in, But Kaylee, I will say that the narrative has changed a bit here. We're seeing references to a response from Iran as a work in progress, and hope among American officials that they can prevent a retaliatory strike. We'll see how all of that goes. As Kaylee mentioned, I'm glad to be joined here at the table by Michael Allen, of course speaking global strategies and a reliable voice of ours when it comes to national security issues. Michael, it's good to see you and welcome back.

And we know the Secretary of State Anthony Blincoln met with top officials from Cutter in Egypt as well just yesterday, so we have an interesting moment here. We should also remind our listeners and viewers Joe Biden and Kamala Harris were together in the Situation room yesterday being briefed on Iran backed militia attacks against Americans in Iraq. This is a very delicate moment we're in, But Kaylee, I will say that the narrative has changed a bit here. We're seeing references to a response from Iran as a work in progress, and hope among American officials that they can prevent a retaliatory strike. We'll see how all of that goes. As Kaylee mentioned, I'm glad to be joined here at the table by Michael Allen, of course speaking global strategies and a reliable voice of ours when it comes to national security issues. Michael, it's good to see you and welcome back.

Could we be in a world where there is no retaliation, it won't be for long. I think the Iranians have telegraphed that they feel like they have to do it. They were, of course, were embarrassed by the fact that they had a very senior Hamas political leader killed in in an Iranian government facility. So I think for their own sake, their own deterrence, their own toughness in the region, and the appearance that they need to give to their proxies, they have to do something.

Could we be in a world where there is no retaliation, it won't be for long. I think the Iranians have telegraphed that they feel like they have to do it. They were, of course, were embarrassed by the fact that they had a very senior Hamas political leader killed in in an Iranian government facility. So I think for their own sake, their own deterrence, their own toughness in the region, and the appearance that they need to give to their proxies, they have to do something.

The question is what do they do directly.

The question is what do they do directly.

From their own territory versus what do their proxies do.

From their own territory versus what do their proxies do.

I don't think it's either or.

I don't think it's either or.

I think both will act in some way, shape or form. But I know the Iranians want to do it differently than last time. Last time everything was intercepted. I think they actually want to feel like they landed a punch this time.

I think both will act in some way, shape or form. But I know the Iranians want to do it differently than last time. Last time everything was intercepted. I think they actually want to feel like they landed a punch this time.

Well, as we think back to April, and it's been described to US as iron having sent it slowest things first, basically giving Israel forewarning that the attack was coming. Do you think they won't do that this time around, that not just Israel, but the other allies who came to Israel's defense, including the US, won't have as much time to prepare a response.

Well, as we think back to April, and it's been described to US as iron having sent it slowest things first, basically giving Israel forewarning that the attack was coming. Do you think they won't do that this time around, that not just Israel, but the other allies who came to Israel's defense, including the US, won't have as much time to prepare a response.

I really do think that they will not to the degree that they telegraphed last time, and that's still up for I'll think I think they do less of it.

I really do think that they will not to the degree that they telegraphed last time, and that's still up for I'll think I think they do less of it.

This time around because I think they.

This time around because I think they.

At the end of the day, were probably losers in the equation. No people were killed, no major damage, certainly no damage to Israeli military facilities.

At the end of the day, were probably losers in the equation. No people were killed, no major damage, certainly no damage to Israeli military facilities.

So I think they want to be able to have a talking point. They want to claim a scalp.

So I think they want to be able to have a talking point. They want to claim a scalp.

They want to say that we're tough and that we did something and that we're the regional hedgemon, and so I think they'll be less telegraphing and more trying to actually land a punch.

They want to say that we're tough and that we did something and that we're the regional hedgemon, and so I think they'll be less telegraphing and more trying to actually land a punch.

You wonder to what extent that de escalates things. You were a special assistant to the President in the Bush administration. Someone else has your old job. Now, what are they telling Joe Biden about the various scenarios to plan for?

You wonder to what extent that de escalates things. You were a special assistant to the President in the Bush administration. Someone else has your old job. Now, what are they telling Joe Biden about the various scenarios to plan for?

Here?

Here?

Do you let Iran land a punch knowing that that might be the end of the tit for tat? How do you keep guardrails on this thing without getting too involved?

Do you let Iran land a punch knowing that that might be the end of the tit for tat? How do you keep guardrails on this thing without getting too involved?

So, as you know, we have the head of Central Command is in the region coordinating with the Israelis. I think that we're going to do as much or more than we did last time. More yes, to try to prevent drones, missiles, whatever the case may be, from getting into Israel proper. I think that's a very appropriate role for the United States. And I'm certain that we've tried to knit up others like the Saudi's and the UAE and the region to contribute as much as they possibly can. But what I think Biden's thinking about right now is what happened last night in Baghdad. Did they target directly our troops at the Air Force base there and or will they go after directly other US embassies or naval platforms or whatever the case may be in the region. I don't think they'll go for it, but we have to be ready for it because Hesbola took a shot at US.

So, as you know, we have the head of Central Command is in the region coordinating with the Israelis. I think that we're going to do as much or more than we did last time. More yes, to try to prevent drones, missiles, whatever the case may be, from getting into Israel proper. I think that's a very appropriate role for the United States. And I'm certain that we've tried to knit up others like the Saudi's and the UAE and the region to contribute as much as they possibly can. But what I think Biden's thinking about right now is what happened last night in Baghdad. Did they target directly our troops at the Air Force base there and or will they go after directly other US embassies or naval platforms or whatever the case may be in the region. I don't think they'll go for it, but we have to be ready for it because Hesbola took a shot at US.

Israel, of course killed one of their leaders.

Israel, of course killed one of their leaders.

And I think the way the Iranians view thinks is that we're complicit in whatever.

And I think the way the Iranians view thinks is that we're complicit in whatever.

Israel does well.

Israel does well.

And the US has tried and true come to the defense of Israel, but has consistently decided not to go on offense in many ways as especially you bring up the attack on the base in a Rock last night that we saw in a number of US personnel we're injured. Do you expect the US could actually be offensive in the region if things escalate further.

And the US has tried and true come to the defense of Israel, but has consistently decided not to go on offense in many ways as especially you bring up the attack on the base in a Rock last night that we saw in a number of US personnel we're injured. Do you expect the US could actually be offensive in the region if things escalate further.

So we've all been trying to look at what Biden said previously about what his personal redlines are. Was it actually that an American get injured or that an American die? To me, that's dancing on the head of a pen. They took a shot at us, the United States thought to hit back against them in some proper way, I think we have to worry about our own deterrence in the region, so I might lean a little bit more hawkish than someone else, But yeah, I think it is something that is on Biden's play right now. They took a shot at our people. We want to prevent them from doing this. Remember they were able to kill several some weeks some months ago now at a different installation than we had in Syria, and we just don't want that to tap it again.

So we've all been trying to look at what Biden said previously about what his personal redlines are. Was it actually that an American get injured or that an American die? To me, that's dancing on the head of a pen. They took a shot at us, the United States thought to hit back against them in some proper way, I think we have to worry about our own deterrence in the region, so I might lean a little bit more hawkish than someone else, But yeah, I think it is something that is on Biden's play right now. They took a shot at our people. We want to prevent them from doing this. Remember they were able to kill several some weeks some months ago now at a different installation than we had in Syria, and we just don't want that to tap it again.

We'll talk about all this from a distance here as we sit in Washington. As you reference, could be the same or more support that we saw last time. There were American fighter jets shooting down missiles with air to air missiles in the middle of that operation. How high could the risk get for American pilots and navigators in the middle of all of this.

We'll talk about all this from a distance here as we sit in Washington. As you reference, could be the same or more support that we saw last time. There were American fighter jets shooting down missiles with air to air missiles in the middle of that operation. How high could the risk get for American pilots and navigators in the middle of all of this.

Well, I think it depends on how many ballistic missiles and drones the Iranians try to go right now.

Well, I think it depends on how many ballistic missiles and drones the Iranians try to go right now.

It's the equivalent of boots on the ground, though we're just okay.

It's the equivalent of boots on the ground, though we're just okay.

Well, yeah, it sort of sounds like it, doesn't it. I mean, we're over Israeli airspace, probably Saudi and UAE air space at different times, trying to knock all of these out. I just don't think the Iranians are going to do it exactly like last time. Not that it was easy last time, but we were able to achieve what we wanted to achieve.

Well, yeah, it sort of sounds like it, doesn't it. I mean, we're over Israeli airspace, probably Saudi and UAE air space at different times, trying to knock all of these out. I just don't think the Iranians are going to do it exactly like last time. Not that it was easy last time, but we were able to achieve what we wanted to achieve.

They're going to make it harder this go around.

They're going to make it harder this go around.

I think the Israelis have to be prepared that some of this is going to go through, even if in the aggregate the United States has sent more squadrons and more other equipment and the like to the region.

I think the Israelis have to be prepared that some of this is going to go through, even if in the aggregate the United States has sent more squadrons and more other equipment and the like to the region.

So of course, all of this is happening against the backdrop of the ongoing conflict between Israel and Hamas, which is very highly political here in the US, if you will, and some would argue played a role in the selection of the vice president that Kamala Harris announced today. There are some in the Republican Party suggesting that the choice not to tap Governor Josh Shapiro, who is Jewish, was an anti Semitic one and it was bowing to the pro Hamas forces within the Democratic Party.

So of course, all of this is happening against the backdrop of the ongoing conflict between Israel and Hamas, which is very highly political here in the US, if you will, and some would argue played a role in the selection of the vice president that Kamala Harris announced today. There are some in the Republican Party suggesting that the choice not to tap Governor Josh Shapiro, who is Jewish, was an anti Semitic one and it was bowing to the pro Hamas forces within the Democratic Party.

What do you think about that idea.

What do you think about that idea.

I think that there's probably a little bit to it, because I think what Kamala Harris probably wants to do most of all is.

I think that there's probably a little bit to it, because I think what Kamala Harris probably wants to do most of all is.

Play it safe.

Play it safe.

I don't think it was the decisive factor, but was it one among many? Do they want to have another big fight about what the Democratic administration's policy is on Israel and especially two state solution in the rest.

I don't think it was the decisive factor, but was it one among many? Do they want to have another big fight about what the Democratic administration's policy is on Israel and especially two state solution in the rest.

I don't think that was the number one factor, but I bet.

I don't think that was the number one factor, but I bet.

At the back of their mind they're thinking, we're trying to unite party, We're trying to put everything back together.

At the back of their mind they're thinking, we're trying to unite party, We're trying to put everything back together.

Let's not find an issue that splits us.

Let's not find an issue that splits us.

Well, it's been suggested though, that Kamala Harris is not the same, even though in the same administration, not the same when it comes to Israel. As Joe Biden. John Kirby says, there's no sunlight between them. Most people in Washington don't see it that way. How about you.

Well, it's been suggested though, that Kamala Harris is not the same, even though in the same administration, not the same when it comes to Israel. As Joe Biden. John Kirby says, there's no sunlight between them. Most people in Washington don't see it that way. How about you.

Well, Kirby has to say that, of course, because she still serves in the Biden administration.

Well, Kirby has to say that, of course, because she still serves in the Biden administration.

But I even thought.

But I even thought.

Her body language when bb was in town last week was a little bit more perfunctory than it is around Biden. I can just sort of tell with her record and the way that I think that she's responded to some of these issues in the past, she's more in tune. I believe with what the progressive wing of the Democratic party thinks about Israel. Of course, net and Yaho's unpopular almost with all Democrats and even maybe many Republicans. So if Netanyaho's not there, maybe things change a little bit or hair to win. But for now, I think it's a safe bet to assume that she would be a little bit harder on a bb Netanyahu administration than would be certainly Trump, but obviously Biden also well.

Her body language when bb was in town last week was a little bit more perfunctory than it is around Biden. I can just sort of tell with her record and the way that I think that she's responded to some of these issues in the past, she's more in tune. I believe with what the progressive wing of the Democratic party thinks about Israel. Of course, net and Yaho's unpopular almost with all Democrats and even maybe many Republicans. So if Netanyaho's not there, maybe things change a little bit or hair to win. But for now, I think it's a safe bet to assume that she would be a little bit harder on a bb Netanyahu administration than would be certainly Trump, but obviously Biden also well.

Of course, Natanyahu's facing domestic pressures of his own, specifically pressure to get the hostages home to agree to some kind of ceasefire deal. Do you realistically think that happens while President Biden is still in office.

Of course, Natanyahu's facing domestic pressures of his own, specifically pressure to get the hostages home to agree to some kind of ceasefire deal. Do you realistically think that happens while President Biden is still in office.

I'm increasingly thinking it's just not on the table. I mean, when you go and kill the head political leader for Hamas, who is an interlocutor of yours as you try to negotiate to get a hostage deal, I feel like what the Israelis are saying is is that this is not even at the.

I'm increasingly thinking it's just not on the table. I mean, when you go and kill the head political leader for Hamas, who is an interlocutor of yours as you try to negotiate to get a hostage deal, I feel like what the Israelis are saying is is that this is not even at the.

Very top of our priority list.

Very top of our priority list.

What's at the top is going after Hamas, finishing up whatever we can do there if their targets there are not anymore.

What's at the top is going after Hamas, finishing up whatever we can do there if their targets there are not anymore.

I know that's.

I know that's.

Something that the Israeli generals have been communicating but I think Netanyahu's ready to move on to Hezbola. I think in his mind that he cannot live with another gen sidled terrorist organization on a second border like it occurred in the South with Gaza and Hamas. I feel like he's determined to go in. That was certainly the feeling I get.

Something that the Israeli generals have been communicating but I think Netanyahu's ready to move on to Hezbola. I think in his mind that he cannot live with another gen sidled terrorist organization on a second border like it occurred in the South with Gaza and Hamas. I feel like he's determined to go in. That was certainly the feeling I get.

The more Israelis I talk to.

The more Israelis I talk to.

So I think re establishing is Raleigh deterrence around the region, and resetting things in.

So I think re establishing is Raleigh deterrence around the region, and resetting things in.

The Middle East for Israel are at the top of his list, and I don't think.

The Middle East for Israel are at the top of his list, and I don't think.

The hostage deal is at at least among the top two or three priorities.

The hostage deal is at at least among the top two or three priorities.

Yes, all right, well, we have to continue to watch things in the Middle East as they develop. Thank you for helping us do so. Michael Allen, Managing director and partner at Beacon Strategies and as Joe mentioned, former special assistant to the President during the Bush administration.

Yes, all right, well, we have to continue to watch things in the Middle East as they develop. Thank you for helping us do so. Michael Allen, Managing director and partner at Beacon Strategies and as Joe mentioned, former special assistant to the President during the Bush administration.

You're listening to the Bloomberg Balance of Power podcast. Catch Just Live weekdays at noon Eastern on Apocarplay and.

You're listening to the Bloomberg Balance of Power podcast. Catch Just Live weekdays at noon Eastern on Apocarplay and.

Then Proudoto with the Bloomberg Business app.

Then Proudoto with the Bloomberg Business app.

Listen on demand wherever you get your podcasts, or watch us live on YouTube.

Listen on demand wherever you get your podcasts, or watch us live on YouTube.

As we add the voice of Andre Gillespie, Professor of political Science at Emory University. Professor, it's great to have you. Before I ask you about Tim Walls and this selection. I just want to finish with what we were discussing there with Laura, and that's the idea that Josh Shapiro was the wrong pick. He was getting beat up for weeks about labor, about Israel, about a number of issues that had progressives concerned, and Tim Wallas is apparently the antidote to all of those things. Why do you think she looked past the governor of Pennsylvania because we also heard about his personality. John Fetterman said he was too ambitious. He might primary Kamala Harris in twenty twenty eight. Is that the real problem or was that the real problem with him?

As we add the voice of Andre Gillespie, Professor of political Science at Emory University. Professor, it's great to have you. Before I ask you about Tim Walls and this selection. I just want to finish with what we were discussing there with Laura, and that's the idea that Josh Shapiro was the wrong pick. He was getting beat up for weeks about labor, about Israel, about a number of issues that had progressives concerned, and Tim Wallas is apparently the antidote to all of those things. Why do you think she looked past the governor of Pennsylvania because we also heard about his personality. John Fetterman said he was too ambitious. He might primary Kamala Harris in twenty twenty eight. Is that the real problem or was that the real problem with him?

Well, I have no way of knowing that, so I won't speculate about those issues. What I will consider are all the pluses and minuses of each of the candidates, and the way that Tim Walls checks off boxes that Vice President Harris thinks are important when you're making vice presidential choice. Vice Presidential candidates rarely make enough of a DPT to actually help a candidate win an election, so people have been studying this for decades, and some of the earliest estimates suggested that perhaps you get a slight bump in the vice presidential nominees home state. It may not be enough to make a difference in a presidential outcome unless it's a raizor thin outcome, but people do look for things like balancing out the ticket and working well together. Only Vice President Harris and the people whom she interviewed can talk about what their chemistry was, but we can look at some of the ways that Tim Walls ostensibly balances out the ticket in ways that Josh Shapiro did not. So Tim Walls is somebody who is very well received by progressives in the Democratic Party, but his manner speaks very much to folks who are in the middle, That Midwestern plane spokenness. Just the idea of the invocation of weird as actually being an effective attack line against the Trump dvance machine is something that, you know, seems really natural to him. As a Midwesterner. He really does kind of embody every man populism.

Well, I have no way of knowing that, so I won't speculate about those issues. What I will consider are all the pluses and minuses of each of the candidates, and the way that Tim Walls checks off boxes that Vice President Harris thinks are important when you're making vice presidential choice. Vice Presidential candidates rarely make enough of a DPT to actually help a candidate win an election, so people have been studying this for decades, and some of the earliest estimates suggested that perhaps you get a slight bump in the vice presidential nominees home state. It may not be enough to make a difference in a presidential outcome unless it's a raizor thin outcome, but people do look for things like balancing out the ticket and working well together. Only Vice President Harris and the people whom she interviewed can talk about what their chemistry was, but we can look at some of the ways that Tim Walls ostensibly balances out the ticket in ways that Josh Shapiro did not. So Tim Walls is somebody who is very well received by progressives in the Democratic Party, but his manner speaks very much to folks who are in the middle, That Midwestern plane spokenness. Just the idea of the invocation of weird as actually being an effective attack line against the Trump dvance machine is something that, you know, seems really natural to him. As a Midwesterner. He really does kind of embody every man populism.

He's somebody who.

He's somebody who.

Was not, you know, a lawyer. He's not a business person. He was a high school teacher and a football coach. Right, he served in the military as an enlisted person. He served in Congress where he was bipartisan and where he won in a district that was Republican. So he actually can satisfy progressives, and I think that he can make a strong case for being able to reach out to folks in the middle. He's got federal experience, and he's from the Midwest, and so Jos Shapiro brought a lot of strengths to a possible ticket with Kamala Harris, but one of the things that he couldn't bring was Midwestern balance or looking at the middle of the country instead of sort of thinking about that problem that Democrats have, you know, currently have sort of in recent history of being perceived as being the party of coastal elites. Bringing somebody in from Minnesota who grew up in Nebraska on a farm, I think really does kind of speak to some of those attacks and might cause some folks in the middle to give the ticket a second look, even though at the end of the day, people are going to decide based on Kamala Harrison, on Donald Trump, and not on JD.

Was not, you know, a lawyer. He's not a business person. He was a high school teacher and a football coach. Right, he served in the military as an enlisted person. He served in Congress where he was bipartisan and where he won in a district that was Republican. So he actually can satisfy progressives, and I think that he can make a strong case for being able to reach out to folks in the middle. He's got federal experience, and he's from the Midwest, and so Jos Shapiro brought a lot of strengths to a possible ticket with Kamala Harris, but one of the things that he couldn't bring was Midwestern balance or looking at the middle of the country instead of sort of thinking about that problem that Democrats have, you know, currently have sort of in recent history of being perceived as being the party of coastal elites. Bringing somebody in from Minnesota who grew up in Nebraska on a farm, I think really does kind of speak to some of those attacks and might cause some folks in the middle to give the ticket a second look, even though at the end of the day, people are going to decide based on Kamala Harrison, on Donald Trump, and not on JD.

Vance. And that's one of the smartest answers, one of the smartest answers. I've heard yet Midwestern Balance suggesting professor that geography does matter, but not in the most obvious way that we think about with a governor delivering his or her own state. It's a different, more nuanced dynamic. And with that in mind, I'll ask you what it will be to put him on stage with jd Vance if in fact there's a vice presidential debate. Jd Vance spoke earlier today, he was on his jet. I actually called Tim Wats he said, I left a voicemail, didn't get him, told him congratulations. It'll be a good ride. Maybe he'll call me back, maybe he won't. Should Tim Walls return that phone call? And should these two debate?

Vance. And that's one of the smartest answers, one of the smartest answers. I've heard yet Midwestern Balance suggesting professor that geography does matter, but not in the most obvious way that we think about with a governor delivering his or her own state. It's a different, more nuanced dynamic. And with that in mind, I'll ask you what it will be to put him on stage with jd Vance if in fact there's a vice presidential debate. Jd Vance spoke earlier today, he was on his jet. I actually called Tim Wats he said, I left a voicemail, didn't get him, told him congratulations. It'll be a good ride. Maybe he'll call me back, maybe he won't. Should Tim Walls return that phone call? And should these two debate?

Well, I think the.

Well, I think the.

Two should debate, you know, I think it remains to be seen. I don't know if it harms, you know, either candidacy one way or the other by putting somebody who's older, whose populist roots are not going to be called into question. It actually does, and in some ways at least call out Donald Trump's choice of jd Vance as the a spokesperson for the everyday working person. Tim Walt can more than hold his own against jd Vance and it would be really interesting to see them kind of talking, you know, in a debate and debating on those kinds of issues. I think in those particular instances, what Harris is betting on is that Waltz's age is actually an advantage here. So you get the extra twenty years of life experience, you get somebody whose career did kind before he went into politics, focused on normal, everyday politics, whereas when jd. Vance went to law school, you know, he then off into kind of sort of you know, high end business and you know, you know, and it was coming with a pedigree from Yale Law School. So I think in many ways, like the balance is actually also a counter to what Donald Trump was hoping to achieve by selecting jd Vance as his spokesperson.

Two should debate, you know, I think it remains to be seen. I don't know if it harms, you know, either candidacy one way or the other by putting somebody who's older, whose populist roots are not going to be called into question. It actually does, and in some ways at least call out Donald Trump's choice of jd Vance as the a spokesperson for the everyday working person. Tim Walt can more than hold his own against jd Vance and it would be really interesting to see them kind of talking, you know, in a debate and debating on those kinds of issues. I think in those particular instances, what Harris is betting on is that Waltz's age is actually an advantage here. So you get the extra twenty years of life experience, you get somebody whose career did kind before he went into politics, focused on normal, everyday politics, whereas when jd. Vance went to law school, you know, he then off into kind of sort of you know, high end business and you know, you know, and it was coming with a pedigree from Yale Law School. So I think in many ways, like the balance is actually also a counter to what Donald Trump was hoping to achieve by selecting jd Vance as his spokesperson.

You talk about Midwestern balance, rural sensibility might be another way to look at it. He didn't move to Saint Paul until he won the governor's race. It's gonna be interesting to see these two out on the road together, Professor. They're going to be followed by J. D Vance over the course the next four stops or something like that on the road tour this week. How will Tim Walls be framed. They're going to have a video and so forth. He's going to be introduced. There's gonna be a lot of people yelling in a big standing ovation. But how will he be framed by the campaign? Is it this way that we're talking Is it Midwestern balance, rural sensibility. What is Kambala Harris going to serve up to the crowd later today in Philadelphia.

You talk about Midwestern balance, rural sensibility might be another way to look at it. He didn't move to Saint Paul until he won the governor's race. It's gonna be interesting to see these two out on the road together, Professor. They're going to be followed by J. D Vance over the course the next four stops or something like that on the road tour this week. How will Tim Walls be framed. They're going to have a video and so forth. He's going to be introduced. There's gonna be a lot of people yelling in a big standing ovation. But how will he be framed by the campaign? Is it this way that we're talking Is it Midwestern balance, rural sensibility. What is Kambala Harris going to serve up to the crowd later today in Philadelphia.

I think she's going to all of that up. I think she's going to talk about the notion of Minnesota nice. So the idea that Walt can be the attack dog, sarrogate and spokesperson that vice presidential candidate usually is, but he can do so in a way that's uplifting and that isn't mean and divisive. The idea that he can hit back and hit back hard, but still be able to hold his dignity. I think she's going to tout his bipartisan record as an overture to those voters in the middle who may still be deciding who they're going to vote for, or moderate Republicans who might still have misgivings about supporting a Trump advance ticket, especially as it has emerged since the Republican nominating convention. I think he's going to talk about his record of providing goods and services to Minnesotan's with the legislature that he has at his disposal, So talking about things like free lunch for students and parental lead, all of these types of things that Democratic voters want to hear about and that Democratic politicians are usually trying to tout and talk about. He's actually been able to produce a record in Minnesota that actually speaks to those.

I think she's going to all of that up. I think she's going to talk about the notion of Minnesota nice. So the idea that Walt can be the attack dog, sarrogate and spokesperson that vice presidential candidate usually is, but he can do so in a way that's uplifting and that isn't mean and divisive. The idea that he can hit back and hit back hard, but still be able to hold his dignity. I think she's going to tout his bipartisan record as an overture to those voters in the middle who may still be deciding who they're going to vote for, or moderate Republicans who might still have misgivings about supporting a Trump advance ticket, especially as it has emerged since the Republican nominating convention. I think he's going to talk about his record of providing goods and services to Minnesotan's with the legislature that he has at his disposal, So talking about things like free lunch for students and parental lead, all of these types of things that Democratic voters want to hear about and that Democratic politicians are usually trying to tout and talk about. He's actually been able to produce a record in Minnesota that actually speaks to those.

Kinds of things.

Kinds of things.

Andrew, it's really great to have you back. Associate Professor Political Science, Emmery University, Andre Gillespie. We always look forward to the conversation. Here.

Andrew, it's really great to have you back. Associate Professor Political Science, Emmery University, Andre Gillespie. We always look forward to the conversation. Here.

You're listening to the Bloomberg Balance of Power podcast kens Just Live weekdays at noon Eastern on Applecarplay and then royd Oto with the Bloomberg Business App. You can also listen live on Amazon Alexa from our flagship New York station, Just Say Alexa Play Bloomberg eleven thirty.

You're listening to the Bloomberg Balance of Power podcast kens Just Live weekdays at noon Eastern on Applecarplay and then royd Oto with the Bloomberg Business App. You can also listen live on Amazon Alexa from our flagship New York station, Just Say Alexa Play Bloomberg eleven thirty.

Tim Walls the pick for Kamala Harris's running mate. We have not seen them together yet, but we will a bit later on five point thirty pm Eastern time. Temple University the venue for their first event together here, and that's going to kick off a road trip that will follow here. Knowing that was the case, we were wondering, Kaylee, why it took so long for this choice to emerge. It's kind of confounding. She went bed last night, we're told, not knowing who she was going to pick. The staff was tasked with writing multiple speeches and creating the effects for multiple events depending on who she would pick. This morning, then the media leaked the news. It wasn't exactly the role out that the campaign had planned.

Tim Walls the pick for Kamala Harris's running mate. We have not seen them together yet, but we will a bit later on five point thirty pm Eastern time. Temple University the venue for their first event together here, and that's going to kick off a road trip that will follow here. Knowing that was the case, we were wondering, Kaylee, why it took so long for this choice to emerge. It's kind of confounding. She went bed last night, we're told, not knowing who she was going to pick. The staff was tasked with writing multiple speeches and creating the effects for multiple events depending on who she would pick. This morning, then the media leaked the news. It wasn't exactly the role out that the campaign had planned.

Yeah, we do have to keep in mind because it's easy to lose sight of because everything has been so fast moving. But this was an incredibly truncated process. Well, yes, she only found out that Joe Biden wasn't running for president and wanted her to do it sixteen days ago, so she didn't have much time to think about this choice, maybe trying to soak every minute up that she could before letting the world know that it was. Indeed, Governor Walts she selected today.

Yeah, we do have to keep in mind because it's easy to lose sight of because everything has been so fast moving. But this was an incredibly truncated process. Well, yes, she only found out that Joe Biden wasn't running for president and wanted her to do it sixteen days ago, so she didn't have much time to think about this choice, maybe trying to soak every minute up that she could before letting the world know that it was. Indeed, Governor Walts she selected today.

The democratic game of apprentice, and this case, we're told they didn't know each other terribly well before they met at the Naval Observatory last weekend. But I guess hit it off in a way that made this work. We heard a lot, Kayley, about chemistry going into this, not just geography.

The democratic game of apprentice, and this case, we're told they didn't know each other terribly well before they met at the Naval Observatory last weekend. But I guess hit it off in a way that made this work. We heard a lot, Kayley, about chemistry going into this, not just geography.

Yeah, indeed we did. And of course it is worth pointing out as you talk about the notion they may not have known each other very well. A lot of America probably doesn't know that's correct, Tim Walls very well. Who may have been googling when they heard the news today? Who exactly is that unless you're part of the social media crowd that got in on the weird trend he seems to have started. So on that note, let's turn now to Matt Bennett. He is executive vice president for public Affairs at Third Way and a democratic strategist. Matt, great to have you back here on Balance of Power. I'm Bloomberg TV and Radio. Obviously a lot of Democrats are celebrating this decision today. But when we consider we got a guy named Tim also being called America's dad, running with a woman, does this take you back to twenty sixteen in a way that makes you even just a little bit nervous.

Yeah, indeed we did. And of course it is worth pointing out as you talk about the notion they may not have known each other very well. A lot of America probably doesn't know that's correct, Tim Walls very well. Who may have been googling when they heard the news today? Who exactly is that unless you're part of the social media crowd that got in on the weird trend he seems to have started. So on that note, let's turn now to Matt Bennett. He is executive vice president for public Affairs at Third Way and a democratic strategist. Matt, great to have you back here on Balance of Power. I'm Bloomberg TV and Radio. Obviously a lot of Democrats are celebrating this decision today. But when we consider we got a guy named Tim also being called America's dad, running with a woman, does this take you back to twenty sixteen in a way that makes you even just a little bit nervous.

It does sound a little familiar, but I am not nervous. The context is very very different.

It does sound a little familiar, but I am not nervous. The context is very very different.

Back then.

Back then.

We were not taking Trump as seriously as we auto. We weren't taking the third party threats seriously. All of that has changed. We know we're in a dogfight in this election. So I'm much more confident than I would otherwise be.

We were not taking Trump as seriously as we auto. We weren't taking the third party threats seriously. All of that has changed. We know we're in a dogfight in this election. So I'm much more confident than I would otherwise be.

So how does the Democratic Party or how does the ticket? I guess more specifically, here Matt Bennett frame this person most Americans have never heard of. To Kaylee's points, some know about the weird thing. He's labeled Trump and JD Vans and Republicans as weird, and that's stuck. They even have T shirts saying not weird that they're wearing at the Democrat rallies here. So is this the weird versus normal campaign?

So how does the Democratic Party or how does the ticket? I guess more specifically, here Matt Bennett frame this person most Americans have never heard of. To Kaylee's points, some know about the weird thing. He's labeled Trump and JD Vans and Republicans as weird, and that's stuck. They even have T shirts saying not weird that they're wearing at the Democrat rallies here. So is this the weird versus normal campaign?

Yeah, exactly, I mean that's part of it. Like Tim Walls is about as normal a character type as you are likely to come across anywhere in American politics. I mean, he is the avuncular guy next door who can help fix your car. He's a football coach, he ice fishes. He was a very senior enlisted a guy in the United States Army and National Guard. He was a command sergeant major. I mean he checks a lot of boxes. And of course he's from the dead center middle of the country. He also is being characterized, I think incorrectly as being progressive because a lot of folks on the left were pushing for him. But in fact, if you look at his record, he's really a moderate. He was in Congress, he is his governor, and I think he's a perfect balance to the ticket for Kamala Harris.

Yeah, exactly, I mean that's part of it. Like Tim Walls is about as normal a character type as you are likely to come across anywhere in American politics. I mean, he is the avuncular guy next door who can help fix your car. He's a football coach, he ice fishes. He was a very senior enlisted a guy in the United States Army and National Guard. He was a command sergeant major. I mean he checks a lot of boxes. And of course he's from the dead center middle of the country. He also is being characterized, I think incorrectly as being progressive because a lot of folks on the left were pushing for him. But in fact, if you look at his record, he's really a moderate. He was in Congress, he is his governor, and I think he's a perfect balance to the ticket for Kamala Harris.

Well.

Well.

If his record is indeed more middle of the road Matt, it certainly isn't being characterized that way today by the opposition already calling him a radical liberal, dangerously liberal, perhaps describing him as leftist, a leftist leftists kind of a hard word to say. But if that already is out there percolating, how hard is it going to be for the now Harris Wall's campaign to fight back against that.

If his record is indeed more middle of the road Matt, it certainly isn't being characterized that way today by the opposition already calling him a radical liberal, dangerously liberal, perhaps describing him as leftist, a leftist leftists kind of a hard word to say. But if that already is out there percolating, how hard is it going to be for the now Harris Wall's campaign to fight back against that.

I mean, they're going to have to do it a little. But remember they would call anybody. If she had picked Joe Manchin, he would have been a radical leftist, communist, socialist nutcase. I mean, that's what they do. But Tim Walls is none of those things. I mean, he wanted back in twenty eleven when he was in Congress, he voted for four trillion dollars of deficit reduction. He was part of the pay as you go caucus. He's very focused on kind of deficit and deficit reduction. He had an A plus rating from the NRA when he was in Congress. This is nobody's idea of a left wing radical. And keep in mind, of course, that while there was a lot of focus on Walls and what he's done leading up to this and today and maybe tomorrow after that, it's all about Kamala Harris and Donald Trump. It's the top of the ticket that people make their minds on, and so I think Walls will be a very good partner to her and will be a great surrogate for her, but ultimately it's up to Harris to beat Trump.