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Axios Re:Cap

Impeachment and the Big Red Wall

Axios Re:Cap

Axios

Daily News, News

4.5705 Ratings

🗓️ 7 October 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

Dan talks with Axios CEO Jim VandeHei about the likelihood of impeachment, President Trump’s favorability and the public debate ahead of 2020. Plus: racial inequality in automation and very bad news for private equity.

Transcript

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0:00.0

Welcome to access to Prerata, where we take just 10 minutes to get you smarter on the collision of tech, business, and politics.

0:12.8

Sponsored by Silicon Valley Bank. Ideas Bank here. I'm Dan Permac. On today's show, racial inequality in automation and very bad news for private equity.

0:22.0

But first, impeachment and the big red wall.

0:25.2

So impeachment might seem like it's more about November 2020 than November 2019, but the reality is that it's seeping its way into other immediate issues.

0:34.7

China, for example, reportedly isn't planning to offer many, if any,

0:38.5

concessions during trade talks this week in D.C., perhaps thinking it can wait out a wounded

0:42.9

president. And many, many other pressing policy issues, from infrastructure to immigration,

0:48.4

to cybersecurity, to social media regulation, they all could get left in the dust if for no

0:53.5

other reason than that the White

0:54.9

House and the Congress are consumed by impeachment. That's all very real. What's less real,

1:00.0

of course, is the likelihood that Trump will actually get removed from office. Remember,

1:04.1

impeachment is just the House sending something to the Senate. It's the Senate, controlled by

1:08.4

Republicans, that would need a two-thirds vote to remove Trump.

1:12.1

And despite all of the recent revelations, despite Trump saying last week on camera that China should

1:17.3

investigate his political rival Joe Biden, there are no Senate Republicans so far who've said

1:22.7

they'd vote to remove and just a couple who will even criticize behavior that used to be

1:27.3

bipartisan taboo. The bottom

1:29.2

line, Trump won the White House by breaking through the big blue wall in 2016. Now he plans to use

1:35.2

the big red wall to keep it. In 15 seconds, we'll go deeper with Axios founder and CEO Jim Bandahe.

1:40.5

But first, this. This episode is brought to you by Silicon Valley Bank.

1:46.8

Know everything about coding, but not so much about banking.

1:51.3

For more than 35 years, Silicon Valley Bank has been helping high-growth companies navigate through each stage of the startup journey.

...

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