Skip to content
Bloomberg the Company & Its ProductsThe Company & its ProductsBloomberg Terminal Demo RequestBloomberg Anywhere Remote LoginBloomberg Anywhere LoginBloomberg Customer SupportCustomer Support
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  • Company

    • About
    • Careers
    • Inclusion at Bloomberg
    • Tech at Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg Beta

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Company

    • About
    • Careers
    • Inclusion at Bloomberg
    • Tech at Bloomberg
    • Philanthropy
    • Sustainability
    • Bloomberg Beta

    Communications

    • Press Announcements
    • Press Contacts

    Follow

    • Facebook
    • Instagram
    • LinkedIn
    • YouTube
  • Products

    • Bloomberg Terminal
    • Data
    • Trading
    • Risk
    • Compliance
    • Indices

    Industry Products

    • Bloomberg Law
    • Bloomberg Tax
    • Bloomberg Government
    • BloombergNEF
  • Media

    • Bloomberg Markets
    • Bloomberg
      Technology
    • Bloomberg Pursuits
    • Bloomberg Politics
    • Bloomberg Opinion
    • Bloomberg
      Businessweek
    • Bloomberg Live Conferences
    • Bloomberg Radio
    • Bloomberg Television
    • News Bureaus

    Media Services

    • Bloomberg Media Distribution
    • Advertising
  • Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

    For Customers

    • Bloomberg Anywhere Remote Login
    • Software Updates
    • Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

Subscribe
Live TV
  • Markets
    Chevron Down
  • Economics
  • Industries
  • Tech
  • Politics
  • Businessweek
  • Opinion
  • More
    Chevron Down
US Edition
Chevron Down
Subscribe
これはエドマンドからの速報です - Edmund!
日米首脳会談を実施、関税協議が正念場-自動車などの合意が焦点に
Read more
これはエドマンドからの速報です
LIVEこれはエドマンドからの速報です
PlayJoin Now
Live on Bloomberg TV

CC-Transcript

  • 00:00With regard to Lisa. Okay, let's talk about this Ty Cobb. They wait to find out if she's going to be charged with a felony Trump guy. I mean, start with Bolton. I mean, Bolton, he could attack Ty Cobb could have pointed out was Judge Royce Lamberth. I saw your rule in the Hill that John Bolton likely jeopardized national security, gamble with national security, and the Trump administration would have likely prevailed on the merits of the case, if any, going forward and Trump had been reelected. Now, what would that I would have meant likely jail term for John Bolton. So don't tell me, Ty Cobb, that we're going after John Bolton, the U.S. That guy took, by his own admission, copious notes in places like The Situation Room, in places where national intelligence secrets were being done. And then he cashed in on that with his with his with his memoirs. And he's just been out of control ever since. He's a threat to national security. The guy should be be investigated if they find he's got what we think he might have, that guy should go to a federal prison. That same approach to Lisa Cooke. Why not wait to find out? So let's talk Lisa Cook. So here's the thing. This is a very interesting case. The way the statute reads is that the president unequivocally has the authority to fire for a cause. In this case, the cause would be malfeasance. So what do we know here? What we know here appears to be a slam dunk, damning case. What do we got? I couldn't believe it when I showed it to mortgage applications. Yes. In two weeks where she put on to be fully. Both claimed they were her permanent residence. The way the rules are, you got to occupy within 60 days and stay there for at least a year. I mean, by the math of it, you can't do that in two houses. Okay. So on the face of it, that's malfeasance. Now, the statute doesn't say the malfeasance has to happen while you're in office in the Fed. It just says malfeasance. Now, look at the history. I mean, we've had I, I can I can go 20, 20 names of people who left the administrations because of allegations like this under a scandal, appearance or impression. I mean, one of the one of the case, though, because what is he asked you about politicizing the Fed? Why not embrace due process? This is due process. The president has the power to do exactly what she's doing, fire her for cause, in this case, malfeasance. Now, for those who, like Nixon, resigned without it, without a trial, we had the whole contra thing. Those people were gone without a trial. She said it was. It's the ones that's most relevant here is the independent agency guys who were fired by Biden. One of my good friends, Mark Calabria, was at an agency and he got fired and the court said Biden had every right to do it. So what's going on in a world in which she gets the injunction and she stays in that job while this criminal investigation is underway and Donald Trump is sitting in the White House proofing air every day. How ugly did this got? Look, when she got appointed Joe. Yeah, back when I was outside and Biden Joe Biden was the appointee. I said flat out it was a terrible hire. It was a DUI hire. She's not qualified. If you look at the arc of what she has done as Fed governor, she was the one who was wanted. Jay Paul's votes to keep rates artificially low as the inflation crisis began because of Biden's overspending, she fed into the inflation is transitory narrative, which was pure partisanship, and she was the one who helped light light the inflationary spiral that we've been fighting with ever since. And then and then Trump gets in there, What does she do? She flips and it's like partisan again. It's like she won't lower rates. She's a partisan animal who weaponized the Federal Reserve. This is not about federal Fed independence. It's about about I mean, think about it, Joe. Two mortgages in two weeks claiming falsely. Now, here's the thing. This is personal to me. Well, I understand. I was using language like. And I went to prison. I went to prison, Joe, for defending the Constitution. And when I was in there, which is why this is relevant, his there were at least two guys I knew in there who were in there for a long time for similar charges. And not only you don't only go to prison, you get your assets seized. There's forfeiture and generally there's restitution that has to be paid. So this is not this is not folks, this is not a slap on the wrist. This is not a little thing. I mean, people are in prison. What is it? Say about the world if she tries to hide behind the fact that she hasn't had a trial yet, when in fact the facts are the facts and it doesn't require a trial. I read your view on that. I don't think you want to you don't want to call this a cooking animal. You didn't mean that. Oh, what an animal. I didn't say that. I didn't mean to say a partisan animal. I just want to say the animal. Okay, We understand. I understand, but I apologize. I just want to give you. I don't want you to leave with a partisan. I mean, look, it said, look, if she's appropriate, investigate everyone who disagrees with Donald Trump. Of course not. But that's not what this is about. It's not this. Absolutely not. This is about the mortgage. That's not what that's about. Like she did before she walked out of the White House in a huff. And the only thing he shares with Ty Cobb, it proves my thing. Never trust a guy with a handlebar mustache. It's about a mad that he walks out with a stack of copious notes screwing both the president everybody works with. And he goes, And what it looks like to Judge Royce Lambert, Don't ask me. It looks like he relied on information that should otherwise have not seen the light of day under Ford. Possible different statutes. And if he did that, as Royce Lambert said, okay, you know, hey, I've never talk to you for this long without bringing up tariffs, you know? Yeah, we got India today. Let's do this. 80%. Are we actually in talks with India right now? Is there a potential for a deal to change that number? Look, it's real easy that India can get 25% off tomorrow if it stops buying Russian oil and helping to feed the war machine. Not sending that signal. They're not. And look, here's the thing. I'm puzzled, okay? Because Modi is a great leader. These people are this is a mature democracy with intelligent people running it. And they look us boldfaced in the eye on on the tariff part and say we don't have the highest tariffs in the world when in fact they do. There's no dispute about that. If you look at the numbers and then they say we're not we're not going to stop buying Russian oil. Now, what what does that mean? I mean, we've talked about this was we're talking to your viewers again, when India buys Russian oil at a discount and then Indian refiners in partnership in India with Russian refiners make that and sell it at a premium to the rest of the world. Right. Russia uses the money it gets. To fund its war machine, kill more Ukrainians. And then the next thing it happens, of course, is Ukraine comes to us and Europe and says, give us some more money. So we everybody in America loses because of what India is doing that can hurt consumers and businesses and everything lose and workers lose because India has high tariffs, costs jobs and factories and income and higher wages, and then the taxpayers lose because we got to fund Modi's war. Okay. The road to peace runs at least partly right through New Delhi's war. I mean, Modi's war. Let me ask, because the road to peace runs in part through New Delhi. I mean, that's a lot of money. It's a lot of it's a lot of money. There are some who say that we're we're losing leverage with China by eliminating the the next biggest economic alternative, which so tired of the the what the national security strategy is being too cute by half. The reality is you got to stop India and China from buying Russian oil. You do that tomorrow when the war is over and the war is over. If if everybody, including Europe, this is like Europe still buying Russian oil, which is crazy. If people just stop buying Russian oil, then it's only a matter of time before Putin doesn't have the money to fund that war. So Modi's a big part of. It's a million and a half barrels of oil a day. That buys a lot of a lot of drones and bombs to kill Ukrainians. Okay. A lot. Okay. So what's troubling to me, Joe, is that the Indians are so arrogant about this. They say, oh, we don't have higher tariffs. Oh, it's our sovereignty. We can buy oil from any one we want. India, you're the biggest democracy in the world. Okay. Act like one side with the democracies. You're getting in bed with the authoritarians. You know China. You've been a quiet war with them for decades. They invaded Aksai Chin and all your territory. These are not your friends, folks. Okay. And the Russians? I mean, come on with a direct appeal to the listeners. Yes. He was here. Yes. I love India. Peter Navarro, it's great to have you back, as always.
  • NOW PLAYING

    Navarro Weighs In on Bolton, Lisa Cook and India Tariffs (Video)

  • 00:40

    EU Foreign Ministers Meet to Discuss Trade Agreement (Video)

  • 03:27

    Spar Pivot: Pulling Back From Europe to Focus on Africa (Video)

  • 01:14

    Deutschlands Ernährung (Video)

  • 47:51

    Balance of Power Late Edition 8/29/2025 (Video)

  • 07:08

    Threat to Fed Higher Than I've Ever Seen: Bernstein (Video)

  • 01:30:14

    The Close 8/29/2025 (Video)

  • 04:34

    Court's Uncomfortable With Politicized Fed: David Super (Video)

  • 04:30

    Could See Another Airline Absorb Spirit Assets: Analyst (Video)

  • 07:29

    Inside the Wild Life of a Pro Tennis Player (Video)

  • 09:58

    US Open Sees Record-Breaking Attendance: USTA CCO (Video)

  • 06:16

    PepsiCo Boosts Stake in Celsius With $585 Million Deal (Video)

  • 02:24

    US Appeals Court Rules Trump’s Global Tariffs Illegal

  • 52:27

    Bloomberg Businessweek Daily 8/29/2025 (Video)

  • 44:11

    Bloomberg Tech 8/29/2025 (Video)

  • 09:45

    Ukraine Economic Minister on Rebuilding, Minerals Fund (Video)

Stream Schedule:

U.S. BTV+
  • U.S. BTV+
  • U.S. BTV
  • Europe BTV
  • Asia BTV
  • Australia BTV
  • U.S. Live Event
  • EMEA Live Event
  • Asia Live Event
  • Politics Live Event
No schedule data available.
BTV Channel FinderWatch BTV in your area

Navarro Weighs In on Bolton, Lisa Cook and India Tariffs (Video)

  • Bloomberg Markets

  • Balance of Power

August 27th, 2025, 9:55 PM GMT+0000


  • More From Bloomberg Markets

    • 07:08

      Threat to Fed Higher Than I've Ever Seen: Bernstein (Video)

      20 hours ago
    • 04:34

      Court's Uncomfortable With Politicized Fed: David Super (Video)

      20 hours ago
    • 02:24

      US Appeals Court Rules Trump’s Global Tariffs Illegal

      21 hours ago
    • 09:45

      Ukraine Economic Minister on Rebuilding, Minerals Fund (Video)

      22 hours ago
    All episodes and clips
  • More From Balance of Power

    • 07:08

      Threat to Fed Higher Than I've Ever Seen: Bernstein (Video)

      20 hours ago
    • 04:34

      Court's Uncomfortable With Politicized Fed: David Super (Video)

      20 hours ago
    • 02:24

      US Appeals Court Rules Trump’s Global Tariffs Illegal

      21 hours ago
    • 09:45

      Ukraine Economic Minister on Rebuilding, Minerals Fund (Video)

      22 hours ago
    All episodes and clips
    See all shows
    Terms of ServiceTrademarksPrivacy Policy
    CareersMade in NYCAdvertise
    Ad Choices
    Help©2025 Bloomberg L.P. All Rights Reserved.