kailey: tucker carlson as well.e awaiting the big event roughly one hour and a half from now trump will bring a message of unity. let's talk about it with john fleischman ahead of the big speech. good to see you and thank you for joining us. when you consider the projection the speakers list is something. is this fight night? john: crescendo night. we've had wonderful nights but tonight donald trump will take the stage. i was with the president and vice president select. guide preview, a night of unity for the country and a great positive message from president trump. i've been there, it will be outstanding. kailey: you got a preview, would you share what trump is going to say? >> he has said he will talk about unity, his choice in j.d. vance. he is so excited, i've known him for quite some time but he referenced j.d. vance and changed his speech just to talk about how good of a pick he is and what a good vice president he will be. a strong team for november, trump will fix this country quickly and get us back on tr

kailey: absolutely.looking through the opinion to get to the dissent, one of which is authored with justice sotomayor. they say it makes a mockery of the principal foundational to our system of government that no man is above the law. that is what the court was deciding, whether in some cases when acting in an official capacity the president is above the law. they would call it that is one way to characterize it. if i can present the argument on the others presented to the supreme court, it is if you allow former presidents to be indicted for anything they did in office, it will curtail the authority of the current president to exercise discretion. that is why we have immunity for police officers for example so they are not limited in how they exercise discretion. certainly, we want no person to be above the law, including the president. that was decided with the nixon tapes. on the other hand, you have to consider, could you be curtailing the ability of a president to exercise his discretion and do what

kailey: that is exactly what i wanted to ask you.t was supposed to be a celebration, effectively the coronation of donald trump as nominee. there was going to be excitement around his vice presidential pick. instead, it has become about a failed assassination attempt. >> i talked to a campaign official this morning and they are not changing the lineup or who speaks. i think what is up for grabs right now is the tone. i think there was going to be a lot of bashing of president biden and talking about biden's record and the inflation, the economy, and immigration. i think we will still see that but more the idea of trump as a fighter who came through impeachments and now in assassination attempt. they will position him as even more a movement figure four republicans. this is a moment where the whole country is coming together. no one wants to see anyone get shot. i think they will try to capitalize on that to reach new voters. kailey: you are seeing bipartisan calls to condemn political violence in addition to seeing that image of dona

kailey: welcome to "balance of power."e are getting ready to mark almost exactly 24 hours since joe biden's this tort decision to drop out of the presidential race, not seek reelection and instead throw his endorsement behind kamala harris. the list of democrats that have followed him is getting longer and longer of us every hour. joe: senator john fetterman, the most recent surprise. he was behind joe biden until the very end. speaking passionately in his defense. it gives us a sense of where this is going. a number of groups will be on the floor of the convention. this is the important part of this. what happens to the delegates? you can add illinois, north carolina, now florida as kamala harris trust to coalesce support. she

paul: kailey leinz in milwaukee at the republican national convention.ll to come we will speak exclusively with the ceo of invest india and hear how they plan on luring more global investments next. this is bloomberg. ♪ paul: welcome back, let's look at how the indian markets are doing a few seconds after the open. a modest's golf tone right now, the sensex off a quarter of 1%, the nifty 100 off by a similar amount. really echoing the theme across the asian pacific the moment. broadly it is a risk on tone across the region. let's bring in the ceo and managing director of invest india, the governments investment promotion agency. thank you for joining us. i want you to explain how successful you feel schemes have been in attracting investment to india perhaps at the expense of china. >> the indian government has been doing a lot of things. when you look at how do we provide incentives to address certain deficits india has in terms of the ability to import things that currently don't have supplies of the peer we have a very structured way of providing ince

for more, we're joined by kailey leinz. this has serious ramifications for the election upcoming but map out the path here from now until november for donald trump when you take this most recent decision into perspective. kailey: it potentially looks clearer because he may not have another child to contend with between now and november in washington. i would remind our audience the case brought against him in washington was brought by special counsel jack smith, for different criminal counts relit its efforts to efforts to overturn the 2020 election. the supreme court ruled today that donald trump should be immune from prosecution for official acts he took during his presidency, though he does not have immunity for unofficial acts. this is only a partial victory for donald trump. the victory essentially comes in the idea that this is going to delay the process significantly further. what the court did in the 6-3 ruling, split along party lines, they have now kicked it back down to lower courts to delineate what exactly cons

kailey: her bill would create a stockpile that the u.s.ould have to hold a bitcoin saying it would be a million bitcoin over five years. and during those two decades, it could be used to reduce the national debt. we saw her putting forward crypto legislation before. and that's really going to a key here because yes, donald trump or kamala harris if they were president, who had the pour to make a decision but actually legitimating, divvying up the authority between the sec and the cftc is going to be an act of congress. it is worth pointing out that senator of the ag committee has been working on legislation that would give them more power. she was supposed to push forward with that this week before the senate leaves the august recess but pulled it back. it supports the idea that especially considering the house is already home until mid september that any legitimating when it comes to crypto is going to have to wait until after the election. sonali: thank you, kailey, for staying all over it. let's discuss this more with coin share's u.s.

your analysis, kailey. interesting that she chose not to speak about her own qualifications to be president of the united states now that she has declared she does intend to earn the democratic nomination, but instead to begin her remarks in her first official seventh since all of this went down to talk about joe biden's legacy, describing him as having in one term, saying the audience could clap for this, he's already surpassed the legacy of most presidents who served two terms in office, talking about honesty and integrity and faith, deeply grateful for his service to our nation. so she's not necessarily making this about her today. she's talking about joe biden and the legacy he will leave behind, knowing that he is going to be a one-term president in his decision not to seek re-election. and even as he has suggested he would like to see the baton, or the torch passed to her, she didn't take this moment at least initially to plead her own case and treat this like a campaign event. she moved right from ta

kailey: yes. it's critical. it's the first time we have seen a democratic member of the senate called for biden to step out. senator peter welch has done that in a washington post op-ed overnight. it is noteworthy biden campaign aides, some of the most senior officials this hour are set to meet senate democrats to try to stem the bleeding. we have only seen one senator at this point call for biden to drop out publicly. we have seen a number of members of the house, now up to 10, publicly called for him to step out. today a democrat from michigan, hillary shelton joined the chorus. blumenauer called for him to drop out overnight as well. at this point they haven't proven they stopped the bleeding. there is a question. once nato is over what will happen then? house speaker emeritus nancy pelosi went on nbc yesterday and not only declined to full throated lee endorse his reelection efforts, but encouraged everyone to essentially pipe down until nato is over. there is a question whether or not that was a signal to h

kailey: it is a partial win for donald trump and a partial loss. with the supreme court has ruled is that donald trump is immune from prosecution for official acts that he took while in office, but not for unofficial acts. this court in a 6-3 ruling, the conservatives ruling in the majority, has sent this down back to lower courts. especially the case related to 2020 election subversion in washington. it will be up to the lower courts to decide which is an which is not an official act. this sets precedent for future presidents of the united states. it also effectively makes sure this case will not go to trial before the election in november. the judge has said the parties will have at least three months to prepare for a trial and all of this official versus unofficial matter will have to be sorted out as well. this does provide a win to donald trump in delaying that trial to a point where likely will not happen until voters make their choice in november. donald trump has spoken on this today, calling it a big win for our constitution and democracy

kailey: it was more than an hour and a half long.s a stunning split screen with donald trump meandering at times, talking about the policy he would like to pursue, while we are very much questioning whether joe biden will continue to pursue a second term as we have now eight or nine democratic lawmakers within the last 24 hours calling for him to drop out of the race. we have a third senator. another congressman calling for him to step aside.

i'm joe mathieu alongside kailey leinz. it is fascinating. both up with their first salvos.e ads about kamala harris. kailey: kamala harris's pad is about her record of being a fearless prosecutor. $50 million and coming by her campaign whereas the first tranche from donald trump campaign is also about harris, her record or the said restrictions record when it comes to the border and immigration. joe: dangerously liberal she is

joining us now, kailey leinz. a lot of breaking news to continue to digest. kailey: there is the utmost being what happened over the weekend when the former was shot in the ear. it very much changes the tenor of milwaukee this week. there is incredibly intense security. donald trump was considering postponing his trip, but did come yesterday and is preparing to announce his vice presidential pick today. the news does not stop there. we learned this morning that the judge in the criminal case brought against him in florida, a judge appointed by him, has now completely dismissed that case against him on the appointment of the special counsel was unconstitutional. there is room for an appeal and the justice department is likely to do so, but that is another piece of news that works in the former president's favor. ed: later in the program, we will discuss some of the big names from the technology world who have come out and endorsed president trump following the events of the weekend or wait in frankly over what happened. the other story is the response from pre

i'm joe mathieu alongside kailey leinz in washington.oe biden reports raising tens of millions of dollars after the debate that was said to be such a disaster. kailey: the days since the debate, $38 million raised. they had a record month of june with $127 million according to the campaign get there are calls within the party providing to consider not being -- biden to consider not being the -- lloyd doggett represents the district once are presented by lyndon johnson. he says in this

i'm joe mathieu alongside kailey leinz in washington. we have new polling out. national poll and tends to be favorable to joe biden showing a tied race. kailey: npr, pbs putting out new data. it shows biden actually leading trump 50% to 48%. that's in a head-to-head contest. we add third parties in, trump is ahead by a single point. this

kailey: well, it will be marked by more speeches. really the big event of the rnc was the vice presidential selection for that is what we had all been waiting for. trump did that by design. he wanted to improve that ratings of the rnc by announcing the pic while we were in milwaukee. now that is over, it will come to accepting those nominations. j.d. vance, as the vice presidential nominee, will speak wednesday. trump will give his speech, which he has rewritten in the aftermath of the assets nation attempt, to something with more of a message with unity. in the interim, we will hear from others in the party, including nikki haley, who will speak today. the question is that unity donald trump is now speaking about, the idea that he did extend that invitation, which was not initially given to her after she competed against him in the republican party, trying to signify the party is coming back together, coalescing around former president donald trump. certainly he received almost overwhelming reception when he walked in, made his firs

kailey: it will only last for a few months as he confirmed to the oval office -- from the oval officeacy is on the line and set his actions are in the name of trying to protect democracy and the legacy that he has and wants to leave, peace in the middle east, cease-fire in gaza came up, i wonder to what extent that will be expressed behind

welcome to "balance of power," on bloomberg tv and radio, i'm kailey leinz so low in washington on thishours out from president biden dropping out of his reelection race in the vice president kamala harris has secured enough pledges to make her the presumptive nominee as she campaigns in milwaukee, wisconsin today. in a few minutes we are expecting her to receive a joint endorsement from the democratic leaders of congress, hakeem jeffries and chuck schumer, expected to give the endorsement in just minutes. we will bring that to you when we get it. we have a lot to cover but first as always, let's bring you more on the markets from chip -- from charlie pellett.

joe mathieu and kailey leinz listened to all 90 minutes of the president's speech. they watched every single moment. they watched every country artist. they earned it. joe: and kid rock. tom: what did you learn in milwaukee that moves forward after this historic sunday? joe: i think the only thing anyone learned in milwaukee is it is still the same trump rate there were questions if we would get something different. when the applause for peter navarro fresh out of prison died down, trump was up talking about hannibal lector and all of the things we have been hearing so long. tom: from your reporting, will vice president harris go after that discourse of the former president? joe: 100% yes. let's see how it plays in the public sphere. the romp she had in north carolina at the podium was a successful speech. find out where she will be a month from now on the campaign trail and how effective she will be in the september debate. david: that is so critical and gets back to something i said a few minutes ago. we have seen her out there recently. what will she be like as a

kailey: welcome to balance of power on bloomberg tv and radio. joe mathieu is off today.ere in washington, d.c. just about one hour from now, it is really prime minister benjamin netanyahu is set to address a joint session of congress on capitol hill. with a lot of lawmakers protesting the speech and we will speak to one of them. democratic congressman ami bera from california. there is other big speech this evening. prime time it :00 p.m. eastern joe biden addresses the nation from the oval office about his decision to leave the presidential race. we will have more with our political panel. there is a lot happening in financial markets. a lot of red on my screen. i but a lot of red on charlie pellett's. he has a check from new

. >> thank you, kailey.n mother. >> it is unofficial, but it is going to be so much fun. we will have a lot of fun watching them. we have a lot coming up in gymnastics. >> we do. i know you met with the team in paris, so they're feeling good. >> you know someone else who knows how they're feeling is laurie hernandez. she was teammates with some of these great olympians. you have such a unique perspective on how things are looking for the team. so give us your assessment. >> reporter: it is so exciting watching all the athletes go out there and train. like you mentioned, a lot of them are my friends. seeing them get out there, get a feel for the equipment, i think we will see amazing gymnastics. not just from team usa but from all the countries. it will be an amazing competition. >> four of the five have been there before. that's got to be a big advantage. don't you think? >> reporter: absolutely. and we're also seeing a lot of older athletes. this is the oldest women's gymnastics team that we have seen in qu

jonathan: looking forward to your coverage with kailey leinz of that convention. question we all have after saturday night. how on earth did this happen? joining us is republican congressman mike turner and chair of the house intelligence committee. i understand you bracing with the -- i understand you have a briefing with the fbi later today. what are the questions you have for them? rep. turner: that is the first question, how could this happen? as we learn more it becomes unexplainable and unbelievable this individual would've had the ability to pull this off by himself and this vulnerability would've been there at the event any would've had access and the ability to execute in a manner which put donald trump's life at risk. thank god donald trump is alive and his iconic rise from the stage to show america he is alive and his strength was shown. that certainly plays a tremendous impact on world leaders to see the strength of donald trump. annmarie: this is not the first secret service security lapse we have seen. something we've been grappling with is this a re