Skip to main content

tv   Bloomberg Technology  Bloomberg  March 22, 2019 5:00pm-6:00pm EDT

5:00 pm
♪ emily: i' emily changm. this is bloomberg technology. coming up, ipo fever. pinterest files to go public, posting more than 250 million active monthly users. as stocks has its worst day since the first day of january. president trump names his chief technology officer after the post has been vacant for two years, but can he really see the
5:01 pm
tech industry as an ally? can apple deliver? apple turning to vox for its upcoming subscription service ahead of its big media and entertainment event next week. first, to our top story. ipo season officially in full swing. pinterest has just filed to go public. we will walk you through the numbers in a moment. meantime, lyft is heading to san francisco next week. uber has chosen the new york stock exchange for its public offering. pinterest is planning to list on the nyse as well. the social media discovery platform has applied to list under the ticker pins and says it has more than 250 million monthly active users on a day of a fairly pronounced market drop, having the worst day since the beginning of the year. joining us to discuss, is elizabeth fournier. wang investment
5:02 pm
pouring through interest. selina: revenue increased significantly from 2017 to $756 million in 2018. it also has losses that narrowed significantly. no profits yet but narrowed to $63 million in 2018. another notable metric as they call their users pinners. they had more than 250 million monthly active pinners. they are marketing it as a great place from advertising revenue. they want to buy something, planning a wedding, planning a vacation so advertisers are able to find people at a moment where they can make those purchase decisions. emily: pinterest was planning to file in june and appeared to move that up a couple of months despite the volatility we saw today. what is behind that decision? elizabeth: when you start to see a rush of companies coming to the market.
5:03 pm
we have lyft next week, uber filing in april. people see a window open and they want to take advantage of it. you never know what is going to happen. today, the markets were a bit dirty today. people don't know how long things will last from. . emily: we do have some breaking news that robert mueller's report is out and has been sent to the attorney general. we have been waiting for this for weeks, months, many months. we do not know what is in this report. at this point, the attorney general will take a look at it, will then notify congress. looking for more headlines on this right now as we speak. but again, this has been hotly anticipated. of course, the president has been talking about this a lot. i'm going to wait for more headlines before we talk more about this. selina, let's talk more about
5:04 pm
pinterest in the meantime. a will be efforting reporter from washington on this. the other thing that is interesting is they don't list who owns the shares and how many shares. why not? selina: we don't know that information yet. they do talk about the big founder led companies, the cofounders have more voting rights. they really focus a lot of the energy in this f1 filing on the improving advertising metrics. the global revenue per user increased 25%. in the u.s., 47%. that is a big deal because that means they are getting more volume from advertisers and extracting more for each user. this is impressive for a company that only started monetizing in 2014. emily: we also had some news from uber that they are choosing the new york stock exchange. interest also choosing the new york stock exchange.
5:05 pm
the biggest tech companies are listed in the nasdaq, but the trend to do that has changed. there was a big glitch with the nasdaq that affected listing. what should we take away from this decision to choose the new york stock exchange by uber and now pinterest? elizabeth: nasdaq started out as the listing choice for these companies. we saw smaller companies coming to market. now, maturer companies. pinterest has been around for almost 10 years, uber the same. they are going to wear the biggest companies. i think the shift is partly duehi in the size and maturity of these companies. emily: i want to get back to special counsel robert mueller's report that has been given to the attorney general. the doj has been notifying key lawmakers that attorney general william barr has received this report and it will take some time to review. we have been waiting for this
5:06 pm
now for 22 months. this is not the end. this is actually just the beginning. another long process. the investigation into reports whether president trump or those around him conspired in russia's interference in the 2016 election. we know several of trump's associates have been taken into custody, charged in connection to mueller's investigation. the big question has been whether there was any collusion between the trump campaign or the president himself with the russians. that will be the big question presumablyr's report will seek to answer. givenr's report has been to attorney general william barr. it will take some time to review. this is only the beginning of the struggle between barr, lawmakers and the white house
5:07 pm
about how much of these findings and the evidence will be disclosed to the public. i'm reading our bloomberg news right up on this now which you can find on the terminal. this fight is likely to escalate the social media wars between the president and his critics. the president just fired another wars today, that he believes social media, platforms like twitter and facebook, prioritize liberal views. the irony being the president himself is sort of the tweeter-in-chief. whatever mueller found, the completion of this investigation is a big turning point for the president. he has been dogged with increased about this almost ever since he took office. this report has been given to the attorney general, attorney general william barr. he will be taking some time to read this, and then, we will have the results.
5:08 pm
we don't know how much of the report is going to become public. i believe that is up to congress. of course, this is, again, only the beginning of what will be a many, many months long fight between lawmakers, between the trump administration, between the president himself, and between the special counsel. this investigation has been going on for 22 months. we d know that more than a dozen trump associates have been connected or charged or taken into custody as a result of this investigation, but again, the big question is was there any collusion? was there any collusion between president trump himself and the russians, or president trump's campaign and the russians? we have yet to see any evidence said that affect. now again, this has been
5:09 pm
long-awaited. before wrapping up the probe, we know that robert mueller helped secure guilty pleas from five people involved in trump's presidential campaign. i want to get to steven dennis standing by in d.c. right now. obviously, we have been waiting for a long time. what do we know? steven: we don't know much beyond that he has delivered the report. we are probably not going to know that much more than that for a while because under the doj regulations, the attorney general takes what mueller has given to him and he processes it and he writes his own report. he says he will write his own report and submit that to congress. he does not necessarily have to include all the things that mueller gives him. he has wide discretion on what to include and not to include.
5:10 pm
the only thing he has to do is tell congress if mueller wanted to prosecute somebody and barr overruled him or somebody else -- ron rosenstein, for example. i think everyone sort of wants to know the full story, everything that happened in this investigation and everything it found on the president and the people around him. we may not actually get all those details anytime soon and we could end up with a lengthy court fight because house democrats have already indicated they want the full mueller report. you had the house vote 420-0 to have that report made public. there is legislation in the senate as well, bipartisan legislation by chuck grassley and richard blumenthal to make this report fully public with a few reactions for sensitive information. so, that is where we are now
5:11 pm
heading. how much of this report are we actually going to see? how soon are we going to see it? how long is it going to take the attorney general to process it into a form we can all see? right now, we don't know how long it is. whether it is a short few pages or much lengthier. those are the kinds of details we will try to find out as soon as we can. emily: just reading headlines crossing the terminal now, flooding into the terminal. the department of justice may he top inclusions of this report as early as this weekend. another story that trump circle may be in legal peril despite the fact this report is done. seth waxman is joining me on the phone. what can you tell us about where we go from here? seth: now, bill barr, the attorney general will receive the report. it is his duty to decide how
5:12 pm
much and to what extent he discloses to congress or otherwise. the only thing he is mandated to report to congress is at some point, he or any of his predecessors refused or rejected a request by mueller to issue subpoenas or indictments. that is his only obligation. there is a great deal of deference given to attorney general barr as to what to do next. emily: seth waxman on the phone, former federal prosecutor. talk to us about how long this process will take. how long will it be before the public actually becomes aware of what is in this report? seth: we have been waiting for 22 months now, but we don't know the exact timing. bill barr has a lot of discretion on what he can do. there could be a legal challenge by the president office seeking to review what is executive privilege. if there are parts of the
5:13 pm
report that the white house feels should not be made public. there could be a battle there. if the attorney general refuses to release all of the report because of national security concerns or otherwise, you could have legal battles from congress demanding to see the entire report. we are hearing murmurs of that. i would expect there is going to be a lot of pressure to get that report into the hands of the american people. i suspect we will see a lot of it, it will just take some time. emily: there has already been endless speculation about what could be in this report. as has been discussed over and over again, even though several of trump's associates have been drawn in, there is yet to be any evidence of any of them actually colluding with the russians, isn't that correct? seth: publicly, that is fair to say. we've probably only seen the tip of the iceberg as to where bob mueller is at. for all of those that have
5:14 pm
been speculating or commenting, we are reaching the witching hour. it is my belief that we have seen barely the tip of the iceberg of the true evidence. now it is time to see what actually happened. on seeing very intent that and will know hopefully soon. isn't that is good is public? headlines havee been made? emily: my question is once attorney general barr notifies congress about the headlines in point,port, at that won't we see the details leaking? seth: i think that is a good question. just because the headlines have been made available to congress does not mean the details have. the devil can be in the details. the headlines are is there a recommendation to congress to
5:15 pm
impeach the president? that would be a significant headline obviously. are there recommendations as to others who engage in criminal conduct or recommendations there should be ongoing investigations are further indictments? those would be headlines. those will be the attention grabbers but until we see the entire report, we will not know the full scopelike things are ag to come out. emily: our bloomberg legal reporter is joining us from new york. david,we have any additional details yet, aside from the fact that this report has been given to the attorney general? david: at this point, we really don't know what is in the report from mueller. the attorney general is going to now make his decision about what to forward to the white house or to congress or to make public. i think we are going to have an unspecified waiting period until we learn what is in this report and what the public will not.
5:16 pm
as your other guests have said, it is possible there may be litigation. there may be fights in congress over what will be revealed as a result of mueller's investigation. emily: more headlines crossing the terminal now. attorney general barr saying no effort by robert mueller was blocked during this investigation. there was a big question of whether perhaps mueller tried avenues that the attorney general prevented him from pursuing. david, what does that mean? that william barr is saying he had free reign? david: there was a lot of concern across various political areas that miller may have been constrained in what he could pursue in the investigation, what methods he could use, and whether he would actually be
5:17 pm
fired or not. obviously, he was never fired. barr is saying that mueller could follow whatever leads you needed to follow to complete his investigation. emily: tim o'brien joining us now as well. tim, of course, you have reported on the president extensively and even before he was president. this whole investigation is something that has become of great interest for the president, even when not asked questions about it, he is talking about this investigation. is going toimagine the presidents had right now personally? tim: i am not sure. i think this explains why he has been tweeting so actively and aggressively over the past week. he has tended historically to get engaged with twitter when things are coming down the line legally. we now know that this probably explains a lot of his tweeting since last monday. i don't think anyone can say
5:18 pm
anything definitively until we know the contents of the report. i think that will take more time than i think people have anticipated. bill barr will have to make a decision about how much of this is publicly available in terms of releasing it. national security and legal concerns will inform that decision. i think members of congress will want to see the whole thing. i think that will probably become a food fight between congress and the justice department. specifically, i think adam schiff and jerry nadler in congress will probably be among the more vocal, more aggressive voices in that debate. i think the president now is going to be in -- to a certain extent, in a wait and see mode. he will want to spin this as quickly as he can in terms of shaping public perception about what the report means to his presidency and the legal process. emily: mark crumpton also with
5:19 pm
us now. i know you have been following the latest headlines. still not a lot of information except the attorney general has the report. bob mueller was allowed to do essentially whatever he wanted to do. the doj saying that william barr could alert congress, at least a highlights of the report as early as this weekend. mark: as david and him mentioned, this will be a food fight about just how much of this will be made public. whether congress is going to get involved, how long this is going to wind its way through the court system. this could be a fight of ethic proportions between the executive branch and the legislative branch to figure out when this report is going to be released, how much of it is going to be released, and who is going to see it. chairman nadler, germa chairman schiff are going to have to take this the court in order to see this.
5:20 pm
there has been a cry among most of the democrats in congress saying don't try to block this report. transparency is going to be the best medicine here. if president trump, as he has said over and over over the last couple of years, that this is a witchhunt. the president saying recently, he thinks the report should be made public, so now we are going to find out. emily: seth waxman still with us. before i let you go, what are the main clues you will be watching for in the next 24 to 48 hours as to how this will proceed? seth: one indication we just received from the attorney general is he is saying bob mueller was never blocked in any of his efforts. the good news for everyone is that the full investigative power of bob mueller was allowed to proceed unabated. going forward, we will be seeing -- all eyes will be on the attorney general. what is he saying, what is he going to do?
5:21 pm
then, the president office is going to contend they need to have a shot at the report itself and to challenge it in anyway. those are the two big things. watching the attorney general and watching the president to see how much and so when we will see this more report. -- full report. emily: thank you so much, cephalexin on the phone. gavin, the phone, bill former fbi assistant director. of course, we still don't know a lot. we know the report has been filed and we are getting some signals from the attorney general about how fast this could proceed, that congress could be notified what is in this report or some of what is in this report as early as this weekend. what are you watching for? emily, i think what we have to consider is a couple of things. number one, how long has bill barr had this report?
5:22 pm
did he just get it today or did he have a couple of days to prepare some are marked? he has to be very careful in what is released. some of that report may contain material that may not be available, or might be available within time. the other thing he has to consider is methods that were used to obtain some information that might be obtained in that report. he has to be careful. i don't think everybody will be completely satisfied. i see congress saying if something comes out -- i assume, the assumption is just that, i assume that probably there is going to be nothing regarding collusion with the president. that is not going to make congress very happy, certain members of the congress very happy. they will want to do their own investigation. bill barr is an extremely bright guy. a very great guy.
5:23 pm
i have worked with him a lot in the past. he's going to do the right thing and stand by what he thinks is right. it may please the white house, it may not please the white house, but bill barr will do the right thing in relation to what this report has on his desk. emily: we can only speculate. we have no idea what is in this report. we did just get a tweet from white house secretary sarah sanders. the next steps are up to attorney general barr. the white house has not received or been briefed on the special counsel report." bill, when will the white house be briefed on what is in this report? bill: the white house will be briefed when bill barr looks at it and determines what should be released and what should not be released. i assume probably something going to the potus maybe more than what comes to the public but i don't know that to be sure. bill barr is well versed in what the law is and he will
5:24 pm
absolutely do the right thing. he won't be persuaded by the by, orthe pressure of congress if there is any pressure by the white house. he will not be influenced by that. he will do the right thing. that is the kind of men bill barr is. emily: what makes you say that? he was appointed by president trump as this investigation is ongoing. we could assume president trump was looking for someone who would support him or at least hear him out. bill: here is the fallacy of most of these things that go on. just because somebody was appointed by the president, does that necessarily mean he is in the president's pocket? that he is not a man of character, integrity? no, it does not mean that whatsoever. bill barr is that man of integrity. i say that same thing about the special counsel and the people around him.
5:25 pm
anybody can go any direction they want to, but you have to remember that people do have character and do have pride and integrity. they tend to do the right thing in circumstances like this. emily: well, even the white house saying the next steps are up to william barr. i want to check in with mark crumpton who is standing by and following the latest headlines. mark, anything new? mark: not that i have seen, but i believe mr. gavin hit it on the head. that not everyone is going to be happy about what comes out of this report. i'm not sure if that is necessarily a win-win because some parts of the president can't will not be happy and some of the democrats on the hill will not be happy. they have been smelling blood for the last couple of years, just waiting for mr. mueller to released this report. mr. mueller has been the president's pinata for the past couple of years. the president has question his integrity. the president has questioned
5:26 pm
whether or not this is something that should be happening to him. in the president's words, given the economy, he says his leadership would preclude the release of this report and talks by democrats of impeachment. emily: we are learning more about the timeline here. cnn reporting the white house was informed of the 4:45t and doj had it at p.m. we don't know exactly when the white house will be briefed, but press secretary sarah sanders saying it is up to attorney general barr. i want to get back to tim o'brien. of course, robert mueller has been described as a nonpartisan person of high integrity, but in the middle of this food fight or coming food fight as you call it, will that reputation hold up? tim: i think that is going to be a matter of interpretation.
5:27 pm
i think bob mueller is somebody who has -- he's both sides of the aisle has seen him as somebody who has integrity. i think bill barr came into this mix with people wondering whether or not he was simply there as an operative for the president. people have known bill barr for a long time have said he is someone who respects and executes the rule of law. i think again, this is going to play out in coming weeks. there has been reporting coming now, that came in shortly while we were on air that the president had not seen the contents of the report yet and that he is with a legal team in florida for the weekend and he is going to see some of it then. bloomberg also reported that barr has said that members of congress may at least yet word about the report's general
5:28 pm
conclusion this weekend as well. possibly by the end of the weekend, we will have more clarity about some of the principles, points that mueller has laid out. i think that will become something of a ping-pong ball for both the president's supporters and his critics. emily: also joining us on the phone, bob bauer, former white house counsel to president obama. bob, of course, president trump's lawyers are probably scurrying about at this very moment. how are they going to be involved in this investigation? bob: one of the unanswered questions is what steps the white house is going to take with attorney general barr to raise questions of privilege. that is unanswered from my perspective. it was not answered to my understanding clearing of the hearings with bob barr. that would certainly be a point at which the white house's
5:29 pm
counsel's office would raise questions about review for privilege issues. emily: so, if you were in the white house at this moment, if you were representing the president, what would you be doing? fundamentally, if you are representing the president, you have institutional concerns. the president has a personal legal corps and their concerns are not necessarily different. from an institutional perspective, the questions you would be raising our questions you want to ask questions about. i don't know whether a process may have been established between the attorney general's office and white house counsel. some understanding, protocol to govern what access will be permitted to the white house counsel. what sort of procedure will be available for the raising of these kinds of questions. i don't know the answer to that, obviously. this is somewhat new territory.
5:30 pm
but, i would have some time ago wanted to enter in the conversation with the attorney general's office about what precisely happened to enable the white house counsel to defend institutional equities. emily: right. the white house press secretary sarah sanders says the white house has not been briefed on it, but cnn reporting the white house was made aware the doj had the report about one hour ago. i want to get to craig, our washington bureau chief. you have been waiting for this now for 22 long months. we knew this was coming, but now that it is here, now that the report has been handed over to the department of justice, it is in many ways the beginning. what are you watching for? craig: we are told, attorney general william barr may tell us as soon as this weekend, so say goodbye to this weekend, about
5:31 pm
the principal conclusions about the mueller report. that is much faster than we expected. we had been given some guidance from the department of justice that he was going to move it rather quickly, in a few days. that would be literally a day or two. that is obviously the top concern right now. i think one of the things we will be looking for is when does the white house find out what is in this report? hard to imagine they will find out the same time as us, partly for the reasons mr. barr was mentioning. they are going to be given the opportunity to assert executive privilege on some of the information. the white house actually cooperated with this investigation, turning over literally hundreds of thousands of pages of information. the president has a right to say that is private presidential communication, therefore it should not be included. i think attorney general william barr will give them the opportunity to do that. of course, look, we are in a pretty remarkable moment in american history where there is now a report, we know it exists,
5:32 pm
the public may never see it. the statute, the law that created the job of robert mueller only really requires there to the report by the attorney general. a summary of the report. a report on the report, but the report itself may remain under lock and key for some time, perhaps permanently. this will set off a big scramble to find out what is in there beyond what william barr tells us. emily: bob bauer is still with us, former legal counsel to president obama. all of that said, once william barr hands over the highlights to congress, at that point, isn't it practically public? won't the information leak out no matter what is in the report? bob: i don't know if i would look with any confidence that the possibility of extensive leaks. it is possible that some material will leak out. i don't know anything approaching a full accounting of what is in the report will
5:33 pm
eventually make its way to the public, but i do think what you can anticipate in light of the house vote recently which was unanimous for the full publication of the report is that congress, surly the constitutional power to do so, will move to obtain the full mueller report. whatever that is, however long it is, however detailed it is, it is very likely in connection with congressional oversight investigation, using powers to determine whether an impeachment inquiry is warranted, they would move to obtain the report and eventually would succeed. emily: craig, you have been covering washington for a long time. to a certain extent, this investigation and the coverage of this investigation has been totally unprecedented for any administration. can you just describe for us what the experience has been like for you and your team as you try to get details on the inner workings of mueller and his team?
5:34 pm
details on what they may or may not have? and when this may or may not be given to the doj? i imagine it has been all new territory. craig: in a word, frustrating. kudos to robert mueller and his team. they did not leak. i could not count on one hand the number of stories you could trace directly back to robert mueller. you suspect that was mueller talking. they took that oath very seriously. they were doing a very high-profile investigation, up to and including the president. for a report, it has been slim pickings. the last few days have been interesting. we were starting to get a little bit of signaling from the justice department that a report could come anytime this week or maybe not or maybe it would. we really did have our justice department reporter pretty much duct taped to his chair at the
5:35 pm
justice department press room waiting for this day to come. we only got minutes of notice that the report was coming out at roughly 5:00 today. it has been a pretty amazing roller coaster. the scary part for us journalists is we are really just getting started. all we know today is a report has been filed. we don't know a single thing that is in it. that will be many weeks, months, maybe years of our careers to find out what that is. emily: thank you. i want to get back to mark crumpton who has been following the headlines. i believe you have a statement now from mitch mcconnell. mark: the mcconnell statement. i don't have that one. emily: all right. mark crumpton monitoring the headlines for us. let me know when you get that statement in front of you. we are starting to hear members of congress speak. joining me on the phone is frank montoya, former fbi special
5:36 pm
agent who was in charge of the fbi's seattle field office. frank, can you give us an idea of what mueller's team must've been going through over the last several weeks and months? there has been intense pressure on them. craig gordon talked about how there were basically zero leaks to the press about what was happening. you can imagine it must of been a pressure cooker on the inside. what do you imagine the people working on this investigation, what they have been going through? frank: i think they were so busy that they did not pay attention to the outside pressure. i work closely with bob mueller for a number of years and i can tell you he is really good at insulating us from a lot of the outside pressure. either at some points, the lightning rod to deflect it or he would just tell us to focus on what we are doing and not worry what is going on in the outside world. emily: we have that statement now from mitch mcconnell. he says "i welcome the
5:37 pm
announcement the special counsel has finally completed his investigation into russia's efforts to interfere in the 2016 elections. many republicans have long believed russia poses a significant threat to american interests. i hope the special counsel's report will help inform and improve our efforts to protect our democracy." frank montoya still with us on the phone, former fbi special agent. frank, there were many moments months and months ago where some thoughts the report could have been filed or could have been imminent or perhaps the investigation should have concluded more quickly than it did. what do you think it was that led robert mueller to conclude the investigation was done, it was time to hand it over? frank: i think a lot of the reaction and actions of the special counsel for the last year and a half has been to protect the integrity of the investigation. it is taking place at the
5:38 pm
highest levels of government. it was rightly so, a lot of focus on protecting that integrity. you think what has happened now is he has gone to the end of his, at least his mandate as far as the investigation is concerned. just because this is over does not mean everything is over. there are still all of that work going on in the southern district of new york. still some outstanding prosecutions and indictments relative to the special counsel's investigation itself. and, who knows how many other cases have been handed off to other u.s. attorney's office is around the country? i think this does is it is a signal that bob mueller was doing is now completed, but that does not mean the investigations are over. there is so much more to go. emily: we are continuing to get statements from congressional leaders. a tweet from mark warner saying "congress and the american people deserve to judge the
5:39 pm
facts of the mueller report themselves. it must be provided to congress immediately and the attorney general should swiftly prepare a declassified version for the public. nothing short of that will suffice." joining us is alex wayne who has been reporting on what other congressional leaders are saying, what is happening in congress. what is happening, aside from waiting? alex: there is a lot of reaction from congress. there has been a lot of pressure from congress on the attorney general to make at least some of this report public or some version public. the house passed a resolution unanimously last week demanding that the mother report be made public -- mueller report be made public. the senate has not passed the resolution itself, but the president said he would happily support it. the president had said publicly he wants the report to be made public. now, the president is at his mar-a-lago resort, palm beach, florida with aides, waiting like
5:40 pm
we are to find out what mueller f ound. -- found. emily: the white house says it has not been briefed on this report. that will be up to attorney general william barr. a lot is up to attorney general william barr at this point. talk to me about the chuck schumer, nancy pelosi call. alex: i wish i knew more about that. i have been sitting on set. me unprepared for that. emily: we are trying to get more details on all of this as we have them. alex, we talked a little bit about the experience with greg gordon or covering this story, new territory for you as a journalist. what are your next few days looking like? what is the information you will be trying to get? alex: bill barr said he may communicate through congress as soon as this weekend some of the findings of the report. we expect that, just as the
5:41 pm
letter became public. stuff he tells congress will quickly make it into the public sphere. i would expect us to learn much more about what mueller found and what he reported to bob barr as the weekend unfolds. we also expect that some point that the attorney general will inform the white house as to whether anything in this report should qualify for executive privilege. that could prompt a court fight. the white house could try to stop part of this report from being submitted even to congress, claiming executive privilege. that may well wind up in the supreme court of that happens. emily: i do have more information on what senate democratic leader chuck schumer and house speaker nancy pelosi are saying, calling on attorney general barr to make the full mueller report public. saying the american people have
5:42 pm
a right to the truth. alex, what are the chances of that? alex: i don't think the full report will be made public unless congress successfully subpoenas it. or i suppose they may be able to negotiate with william barr, the attorney general, to get a full version of the report that they then could vote to release. i think it could be difficult for the full report to be made public because of the way the statute is written. the special counsel is only required to report to the attorney general and it is up to the attorney general to decide what information is released. emily: michael moore joining us on the phone. what do you think the chances are of the full mueller report being made public? michael: i think it is unlikely the entire thing will be made public. there is a general policy in the department of justice where you don't reveal things or allegations that don't result in criminal charges against people.
5:43 pm
smirch them.is mergbe i think there are a lot of things the president will try to claim privilege on. that will be some things becomes litigation and fodder for a continued battle. the difference today is that democrats control the house which means they control oversight committees and can bring this information to the public's attention. politically, the question is whether the president can survive of keeping parts of the report hidden from the public. emily: what can you tell us about what attorney general barr is doing at this very moment, you imagine? michael: i imagine he is going through the report, staff going through the report. they will report on anything interesting in particular. they will be looking for items where privilege might be claimed. my guess he is probably
5:44 pm
assessing the damage that could be done to the administration through the report. he isl see if in fact willing to let the report come out or if he will try to summarize it in some way just to give tidbits out that heare not enlightening. we are in the public arena, a fairly damming set of facts against the administration. you got meetings with the russians. polling data being shared with no explanation. where you have smoke, you have to wonder where the fire is. my guess is the report will contain some information about that fire. i imagine barr is assessing that right now. emily: the question is is there a fire? is there more than smoke? i don't know if this is the correct legal terminology, but
5:45 pm
circumstantial evidence. david is still with us in new york. talk to us about what this investigation to show if indeed it was going to show collusion? was tryueller's mandate to determine was there russian interference in the 2016 election? through a series of public court filings, he has shown pretty conclusively that the russians did interfere in the election. what mueller had also investigated was whether anyone in the trump campaign coordinated with the russians. so, his conclusions on that question are going to be fascinating because he has had a full look into the evidence the public has not had and has been able to talk to cooperating witnesses. he has seen electronic evidence that the rest of the public did not have. his conclusions on whether there
5:46 pm
was coordination between the trump campaign and the russians could be quite explosive. theoretically, it could lead to impeachment proceedings. people are going to be looking very closely to what he decides on just that question, as well bstructedr trump o justice during the investigation which was another main area of his inquiry. emily: jeff on our bloomberg investigations team joining us. as we have been discussing, there has been several trump associates who have been pulled in as a part of mueller's investigation but there is no evidence to this point that we know of that has been presented to the public that proves collusion or proves some sort of more direct link between the trump campaign and the russians. what exactly is mueller's investigation going to have to show? jeff: we know there are a lot of
5:47 pm
threads that are weaving close to the trump team. we don't quite see there is a connection between the trump side and the russian side. we know roger stone, for example, had communications with the trump team and communications with wikileaks and with a hacker who we now know were russian intelligence agents. there are questions ar about those threads being put together. we also no paul manafort shared polling information with a russian associate who mueller's team says was associated with russian intelligence. there is information we don't know because it has been redacted from filings. there are a lot of black spaces in the filings we have seen. the question is what is back there? what other information does
5:48 pm
mueller have about those potential connections if they exist or don't exist? what could happen as if there is information there that mueller believes is not strong enough to bring charges, we might not learn yet what is there. that could cause a lot of frustration. emily: the big question is what is in there, but when will we find out what is in there? michael moore is still on the phone with us. earlier, you are indicating where there is smoke, there is fire. there has certainly been smoke. what do you think the chances are that there really is fire in this report if we don't know about it? i think every single washington reporter has been trying to figure this out, trying to find some sort of connection here. the mueller team has been fairly locked down. there has not been leaks, but something that big, would that not have leaked out at this
5:49 pm
point? michael: you got to remember we are talking about what evidence they have. there is circumstantial evidence. that -- those are things that happen or pieces of evidence that certain eventually prove something happen. you may be looking for a letter from putin to trump say we are glad you won the election thanks to our efforts. that may never happen. you look at the other things -- the polling data, contact with stone, whether it is manafort -- all of the circumstantial evidence can be looked at. we are not talking about proving a case beyond a reasonable doubt for lyrical purposes -- political purposes. that is a different standard. sort of like in the country down here, if you drive down the road and you smell something that is bad, you can know there is a chicken house nearby. something that is malodorous
5:50 pm
about what is going on with the trump campaign and russia. now we are trying to figure out if it is something bad. we have the circumstantial body of evidence that we know about. what we don't know about these areas that have been redacted. we will learn all of that. we will hear information, but we already know the transition team, people high up in the administration very close to the president, including his children, son-in-law, were in contact with russians during the time we were told there was nothing going on. i do think there is some evidence out there. it may not be the very smoking gun that people keep waiting on, but there is clearly circumstantial evidence something was a foot. emily: this is interesting. we just got a new headline that robert mueller is planning no additional indictments in the russia probe.
5:51 pm
what does that tell you? michael: it tells me that he probably gave some of this out to the southern district of new york. mueller is a consummate professional. a true believer in the power and limitations of the department of justice. he knows what his mandate is. somew that he has referred of the investigations to the new york attorney's office southern district to investigate and pursue certain cases that he felt fell outside of his mandate. as we sit here today, there may be other ongoing investigations. remember, it was earlier this week that we heard, i think it was gates who was continuing to cooperate in investigations. we still don't know what michael flynn had to say. his testimony is still out there. there are other things still swirling around. he may have completed the body of his report but there are other things. emily: our senior white house
5:52 pm
correspondent is with us. margaret is in florida. you were at mar-a-lago earlier, where the president is. we are getting additional color on what he was doing when this report was received. he was on the phone with german chancellor angela merkel when he was notified the doj have been given the report. talk to us about the president's demeanor today and the last couple of days? it has been pretty clear that this report, this imminent report has been on his mind. margaret: i think that is right. not only washington has been on pins and needles, but president trump has been acting like it as well. you have seen this kind of incessant regurgitation's of his frustrations with john mccain who has not been with us for some time now. the president calling out the fact he felt the late senator mccain had been trying to put him in jeopardy with the fbi. that was one of the most startling tells, president trump
5:53 pm
hammering home this point. why does he keep talking about it? the report was bound to come sooner or later and it became apparent it is going to be today. today, we landed in florida. there were a number of distractions the president was throwing out there. everything from the isis has caliphate has been eliminated and the moves to bring back north korea sanctions that were imposed. that brings us to the afternoon. he spent a couple of hours with caribbean leaders. he had a little bit of downtime between then and the fundraiser that will be happening with lindsey graham at mar-a-lago later tonight. the white house, about four minutes after 5:00, during a call that the president had with the german chancellor. i will say normally when the president has a call with a foreign leader, it is hours before the readout comes out. this readout was out four
5:54 pm
minutes after the mueller report was delivered and possibly they were still on the phone. the white house wanted to get the message out as quickly as possible the president was behaving presidential the time the report was delivered. emily: your job just got a lot more interesting. tim o'brien still with us. you wrote a book on the president before he became president. what do you imagine president trump is doing right now? is he popping a diet coke? drafting a tweet? tim: a senior justice department official said the special counsel's office will not be pursuing further indictments. at a minimum, that gives the trump family cause to celebrate, that donald trump, jr. and jared kushner did not fall into the crosshairs of the special counsel's office. that does not mean they are no longer legally exposed. that are active state attorneys general in motion.
5:55 pm
the southern district of new york has a very robust investigation underway. both of them could be exposed there. this issue of whether or not bob mueller was going to move into the trump family's circle appears to be answered here. in that case -- i think had it gone that far, i think mueller -- i think the president probably would have considered trying to fire mueller if his family members were threatened and you would have had a constitutional crisis at that point. that is all put to the side now. that would probably give the president cause to pop a diet coke. there is a long legal road ahead here. five congressional committees looking at all of this. these other jurisdictions we have mentioned. this is the end of the beginning really for the trump family around some of this stuff legally. emily: the end of the beginning and the beginning for margaret talev who is in florida, where
5:56 pm
the president is right now in mar-a-lago. we've got about 30 seconds left. what happens next for you and the president? the next couple of days, the next 24 to 48 hours will be very interesting. margaret: it is not going to be a sleepy weekend of duty. we don't know whether we will see him or hear from him later tonight. he was expected to be perhaps an unofficial pop in guest at the fundraiser happening at his own resort. we don't know if we will get to hear or see any of that. normally, this would be a go lf-heavy weekend, meeting with athletes, business associates, friends. we do know many of his top advisers are down here in person as well. emily: get on it. margaret talev, tim o'brien, david, jeff.
5:57 pm
this concludes our special coverage of robert mueller giving his final report to the department of justice about president trump. it is now on barr to make some moves. this is bloomberg. ♪ this isn't just any moving day.
5:58 pm
5:59 pm
this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving simple. easy. awesome. stay connected with the best wifi experience and two-hour appointment windows. click, call or visit a store today.
6:00 pm
♪ david: they said you are now in charge of greece. jean-paul: the people at l'oreal had proposed the job to everyone. and no one wanted to take it. [laughter] david: people are happier when they use your products. jean-paul: by creating beauty products, you make people happy. david: can you tell the difference in brands? jean-paul: not from far away. but -- david: you take a four-week vacation, is that a requirement to be french? jean-paul: mandatory. david: what would you say is the secret to a being a good business leader? jean-paul: the most important thing is to love what you do. >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was

10 Views

info Stream Only

Uploaded by TV Archive on