ok there longer anything one way right off the pot for you there all together by my friend . joe biden is credited that your best chanceiden is credited thar best chance votes being counted slowly but surely. in the statenges at large. nevada, pennsylvania, north carolina and georgia still in play. the question remains will we have a president tonight or no?

we are awaiting updates from the keystone state this hour. we are expecting former vice president joe biden to speak in prime time. first, the u.s. stock market close the week with gains. the s&p and nasdaq having both their best week since april hold into next week. let's get the latest from sarah ponczek from new york. investors don't seem to care about the uncertainty of the presidential election. sarah: they do not seem to care. today, we did see a slowing in the rally. look at where the major indexes didn't today. the dow element lower, the russell 2000 and small-cap cages -- lower by 1% or so. the constant remains that tech holds that leadership position. albeit a small gain. it is unbelievable to watch the best weeks since april -- the 9%.up 7%, the nasdaq up

even though we have this delayed election result and we are not going to get a blue suite, still on question a little bit as it stands but with the outlook we have, markets do seem to be happy with it, even though last week it was investors said it was not what they wanted. emily: how important do you role will be assuming we do have a president sometime in the next few days? sarah: they will definitely have an important role, whether it's as a leader -- a leader or laggard. look at a week like this one. especially if you have this idea we are not going to get a multi trillion dollar stimulus package. we won't see this reflation trade and what comes to the forefront? it is the secular growth areas of the market. alphabet, microsoft,

amazon, all of 10% this week. google flat but closing at a record high. looking at the break down into the sectors, tech was the best one. we continue to see tech lead after falling to the back burner but in the leadership position and it's going to be important for the direction of the broader indices ahead. emily: thank you so much for that update. turning to the all-important race to the white house -- day three is turning into night number three in the battle for the oval office with joe biden taking the lead in his birth state of pennsylvania over president trump. we are expecting some updates -- fromulin you pennsylvania. i went to get to that with david westin. the votes have been crawling in slowly but surely. for exactly are we waiting

from pennsylvania? david: last time i saw the account, there were 100,000 votes to be counted. many officials say those votes tend to be coming in favoring vice president biden rather than president trump. if that continues, president trump has a problem there. it just switched over this morning to a biden lead and it is only a little over 14,000 votes. it is a small lead compared to how many votes are cast. some issues with ballots in pittsburgh where there may be duplicate us ballots and issues with overseas military personnel. pittsburgh, home to allegheny county. i know we are waiting on votes there. it out like there was momentum toward some sort of conclusion, but that seems even farther away. do you think we are going to have a call tonight or no? knew, i would be a

wealthy man. i have no idea. i would agree that it has felt at times it's almost imminent. right now, i would say are dragging out there are some small margins here, so i would be relatively surprised if we got a definitive projection anytime soon. we have to bear in mind even if there is a projection, we have a runoff in wisconsin, white possibly a runoff in pennsylvania and then there are the pesky legal suits that president trump says he is relying on to make sure he gets the win he thinks he deserves. this pointeems at there will certainly be a recount in georgia. talk about the history when there has been a recount historically. has much in the ultimate count actually changed? david: really good question. officials in georgia have said we expect there to be a recount. there is a very slim lead right

now for vice president biden. they say typically it is a few dozen votes, maybe a few hundred, not in the thousands, for the most part. that ifnt is well taken someone goes into a recount, for example, wisconsin, 20,000 votes, it would be a very rare thing for it to switch. but in georgia, the number is something like 1538 votes -- 1538 votes. it's a pretty small number. biden'se heard from campaign that he will be speaking tonight. but there hasn't been a huge change. what do you imagine we are going to hear from the vice president? david: we heard 24 hours ago from him -- it was about 30 seconds, saying we are not declaring victory. although tonight, i understand, let harris will appear as well, so it sounds like they me -- they may be talking about a bit more. reports from inside the camp is

that they are starting to move reallyg toward they may be going to win this. given all the data, it seems to be pointing that direction but it is not there yet. it's a mistake to jump too soon. watchingat are you over the next hour? you will be hosting "wall street week" at 6 p.m. eastern time. where are your eyes? david: it really is pennsylvania. we are watching nevada and we are watching arizona, even know it was projected, some people are questioning that. president trump has a pretty good lead in north carolina but it all comes down to the commonwealth of pennsylvania. westin, host of "balance of power" will be hosting "wall street week" about an hour from now. thank you for your insight there as we continue to wait for more

votes. the conversation about how to unite a country that is so divided, has been ravaged by a pandemic and economic recession is happening. andrew yang, who ran for president, has some idea about how to get to a more united front. he's the founder of you not -- of humanity forward and has launched a new advocacy campaign. we will talk about that but first we have to talk about where we are. multiple states still in play, but the former vice president has the lead in four of them. where is your head in your heart? andrew: the math says joe biden will be our president-elect in a matter of minutes, hours at the most and i'm so excited we are closing the book on the trump aa and giving our country real chance to recover on so many levels. for us all, america. trump is on the way out, joe is on the way in. this is a wrap. it's going to be called the matter of moments.

emily: i don't want to get too far ahead of ourselves. but there was some momentum this morning, it felt like there was going to be a projection and it feels like we are in the same place. the ballot count has been slow, the president has been mounting legal challenges in various states. how does is joe biden, he even begin to lead when this country is so divided? it is a taller task because he's going to be inherited what looks like could be a divided government. the senate is still potentially up for grabs but the challenges grow because if mitch mcconnell is still the majority leader, he and joe will literally be hashing out what is going to be possible. we need a much more robust approach to having our economy, from both theover coronavirus and the accompanying

recession and millions of lost jobs. ends up seeing reason and that we should be doing much more for our people if that is the situation where he and joe are working together. launched your new humanity forward campaign, you said even if joe biden wins, we have lost something important. what do you mean by that? mandate.his was not a this was not a sweeping victory for democrats. democrats in the house actually lost seven incumbent seats, which was not what they expected. part of that is because we have not been taking care of our people during this pandemic. we got $1200 checks back in april and now it's november. my new campaign is championing cash relief for the people during the next six months of the pandemic so people will be able to feed their families, buy gas for their cars, keep a roof

over their head. that is the kind of thing we should have been doing the whole time. with the role of congress be in making what you believe needs to happen happen? congress authorized the two point $2 trillion cares act and now they have to figure out what the second relief package looks like. 82% of americans agree with me that we should have cash relief front and center because that money is going to flow right back into local small businesses, keep them open, and it has to be an act of congress that makes this happen. i'm thrilled to have hopefully an opportunity to get a second relief package out the door. again, it should have happened months ago. come: should that relief in the form of payments to individuals or small businesses or assistance to state and local governments? andrew: it is all of the above. thing wee most urgent

can do is get money directly in the hands of families because 8 million americans have fallen into poverty. i was in touch with someone, a gig workers -- who runs a gig workers company and sees a potential figure of tens of thousands of gig workers and all their prospects are dimming quickly. we should have programs to support small businesses and local governments. that has beenis growing instead of getting better. emily: besides the financial assistance, what do you believe congress needs to do? andrew: there is so much. it's one reason we are so excited to have joe as our new president. anything center is that helps shore up the economy, create pathways for people to be able to pay their bills. i know joe is going to want to champion and infrastructure

package that will go through congress and creates hundreds of thousands, maybe millions of jobs. we have to get the coronavirus under better control through a combination of public health measures and sending resources to some of these city and state governments that are struggling to protect their people or even reopen schools because in some cases they don't have the proper ppe or funds. there are so many things we have to do as soon as possible. we are way behind the curve and i'm thrilled it's going to be joe signing these act into law. the biden team has been playing out a possible transition for a while. would you be able to accomplish these goals more efficiently with a role in the biden administration? has the biden team talk to you about taking a role? andrew: right now, we are focused on making sure joe -- emily: tell me, andrew.

tell me. andrew: i've been on the record saying if they offered me the opportunity to solve some of the problems i ran on, i would take it. some of those involve technology where i think government has been way behind the curve on summary technology issues, including social media, its effect on our democracy, the use of our data, and thank you, california for passing prop 24. at least california is making progress on our data rights. there are semi things in technology i feel like we should be doing better and maybe i can lend a hand with a new administration on that front. prop 24, which i know you emphatically supported, creates a state agency to enforce privacy protection, gives people control, more control over their own data. do you think the folks in washington, do joe biden,, harris -- do they understand enough the gravity of the issues

facing the tech industry and what needs to be done? that is one reason i'm so grateful to californians. in california are going to have a dedicated agency to help protect your data rights and other states are going to look up and say why is that in california and not here in pennsylvania or washington or new york? eventually, the federal government and congress will look at it and say what are states doing and maybe we should have a national approach. the states andom california, as usual, first to get done, but not the last. you will see more measures like this around the country. not detailedhas his thoughts on antitrust yet under anow big tech is lot of scrutiny from both sides of the aisle. how facebook and twitter moderate the conversations in the days and weeks ahead will be in the spotlight.

how do you think a biden administration should move forward when it comes to big tech? andrew: i think our frameworks when it comes to big tech are way out of date. they are using antitrust and censorship when those issues may not actually address some of the things i described about the use of our data, the effects of social media on the mental health of our kids. i know you are a parent like i am and data, unfortunately, is showing very certainly that there are surges in anxiety and depression among younger users of social media. there are a lot of things we can hopefully make progress on and i think joe has really strong instincts in this direction. but the legal frameworks don't exist properly right now. antitrust was created for oil barons and railroads. [laughter] 230 was written in

1996, before facebook existed. this is just another example of how congress is using a very limited toolset and in my opinion, they need some more modern tools. emily: do you think big tex should be broken up? is that the road you are going down? -- big tech should be broken down? andrew: a one-size-fits-all companies have such an impact in their scope -- i suggest you look at each of the giants individually. facebook, google in particular. and you figure out what are the issues you are most concerned about and then tailor legislation to try and curb any excesses or abuses. to me, that's not like a break them up impulse. i think there should be summed of esther sure of some business units. divestiture -- some of some business units.

business model in silicon valley is not to say we are going to be the next facebook or be the next google, it's just to be bought by them. that's bad for innovation and bad for consumers over time. there should be rules in that direction, but i'm not someone who's going to take a 20th-century approach to 20 problems. to see,ould you like let's say it is joe biden, bring back a chief of technology officer focused more on the digital service to modernize the government? andrew: yes to all of the above. i ticket was a worthy addition of the obama administration. trump let it languish. he didn't care that much. but i think joe should bring back those roles and make them much more well resourced and robust. i believe there should be a area, soin the bay that some of yours and mine who want to solve these problems don't have to move to d.c.

it won't be that swanky because is not like a tech company, but hopefully it won't be depressing. [laughter] then you can solve some of the problems you know are growing and effecting our kids. that is something i think should come other the u.s. digital service but we need to give some more technologists the chance to provide some public service without going through the crazy red tape and rigmarole many techies right now fear if they decide to raise their hand and say they would consider public service. we are still waiting for the boats to be counted, but president trump has made it clear he will not go quietly. if indeed the race is called for joe biden. you anticipate the transition of power, if there is a transition of power, will look like? andrew: there will be a

transition in the biden campaign put it easily where they said they are perfectly capable of removing a trespasser from the premises. [laughter] trump's knows that lawsuits are ridiculous and baseless. they are literally saying give us some more time to figure out what it is we are angry about. [laughter] everyone can see we are counting these votes. you have a republican election officials saying look, we are just counting the votes. the other thing is this isn't even that close in terms of individual states. of thegoing to win four states and pennsylvania alone would do it. lawsuits, and mina fit -- in my opinion, are going to go nowhere. they might be amplified by some partisan media outlets, but most americans will move on. joe biden is going to be our president-elect in a matter of minutes and donald trump's

ability to create an alternative reality is evaporating and i for one could not be happier. emily: while we are waiting for the votes to be counted, always appreciate your enthusiasm. andrew yang, former presidential candidate, founder of humanity forward, thank you for spending some time with us on a big night potentially for your party. coming up, we are talking more about the presidency. we will take you to joe biden's headquarters and have a live report from wilmington, delaware. that's next. this is bloomberg. ♪

emily: the race for the white house could be ending soon with joe biden taking the lead in pennsylvania over president, putting him on the brink of victory, but the votes are coming in slowly. for more on the latest from the

biden campaign, want to get to emily wilkin who is at biden election headquarters. we were just speaking with andrew yang who is already proclaiming victory but it seems extremely unlikely this is going to happen in the next several minutes or hours, given how slow the counting has been. what is the view from the biden team? emily: the biden team is going increasingly optimistic about their chances. we pulled ahead and pennsylvania, they pulled ahead in georgia overnight, they are still ahead in nevada and arizona and all they need is pennsylvania at this point to cross the 270 threshold. said, we know this morning that the campaign announced he would be speaking tonight, but what kind of speech is it going to be without a call . he can't give a victory speech, right?

we will i think what see is biden reiterate some of the themes -- you will come out and project the theme that he will be the winner would all the votes are called. then he will try to put himself at a contrast from what we have seen from donald trump's message from yesterday afternoon. biden reminding people that we are expecting it to take this long because of mail-in ballots, urging patients and calm and reminding everyone it's not up to trump and not up to him to declare themselves the winner, they need to wait for that to happen. emily: how much are these legal challenges being mounted by the trump campaign impacting the optimism of the biden team? the president has made it clear he's not going to go down quietly. emily w: at this point, it doesn't seem like too much. we've seen a couple of lawsuits filed by the trump campaign. the overturned or dismissed by the -- be overturned or dismissed by the courts.

others focus on smaller issues that it doesn't seem like the trump campaign is alleging widespread fraud or accounting of illegal ballots. so the biden campaign is ready. they've got thousands of lawyers all over the country, they've got a legal defense fund set up for this purpose. they have been planning for this for months because trump has been communicating for months this might be a possibility. bloomberg's emily wilkins at biden headquarters. we will stay tuned and get more tonight. thank you for that report. pennsylvania, meantime, in the spotlight as the vote continues. we are expecting a new vote count from pennsylvania, a military and provisional ballot, some of those we are expected to be added to the account. we also believe they have started counting new ballots in allegheny county, home to pittsburgh. we will be speaking with pennsylvania senator bob casey coming up about what's happening in his state. this is bloomberg. ♪

♪ emily: welcome back to a bloomberg special election 202. more now on the race for the white house. joe biden has taken a lead in pennsylvania over president trump, putting him on the cusp of victory in the presidential race. still, no clear projection of the overall race made yet by the ap or other major networks. many states still too close to call. for more, i want to bring in rick davis. mccain's, you ran john campaign back in the day so i have to start with arizona and

the controversy there. the ap called it, fox news called it. nobody else has called it. it is the one state where joe biden's lead is narrowing. what is your take on what's going to happen? rick: i think they will be proven right. i think this will be something that they wonder why they did it so quickly but they will get there. the ballots that are still left over, most of which in the vote rich counties of maricopa county, they will break slightly for donald trump. votes that were registered this morning were below the margins donald trump needs to catch up and pass biden. i think what we will find out probably later tonight, the county will jump more ballots tonight at 9:00 eastern time. by then, i think we will have a very firm sense that arizona is going to be in biden country. only by 20,000, 25,000 votes.

these are close races. outlets thathose declared victory in arizona will be right but they took a big risk three days ago putting that out. emily: now, it feels slow. i know the races are close, but people want an answer. historically, is this really happening slowly or does it feel that way because we are in the moment? rick: you can compare it to 2016. donald trump won four states by a total of 8000 -- 80,000 votes. right now, joe biden is winning four states by a total of 75,000 votes. it is a different look and the reason why it has taken so long is we have an amazingly large turnout. almost 70%. almost 10 million more people than 2016. and a lot of them much more than

normal voted early. a lot of the states, like pennsylvania, don't start counting those early votes until after all the election day votes have been counted. takess extend the time it and these are legitimate reasons to have a longer count. and i do think that because it is such a close race, these jurisdictions are going through these very carefully, very slowly. they don't want to be the ones that make any mistakes. you can imagine the news cycle around the counties that report the wrong outcome. i think we are seeing caution really here, but really as a result of a huge turnout, and that is a really good thing for our democracy. i think if this is the price we have to pay for more people going to the polls and participating in elections, then we should be happy with that. been focusinghave so much on the electoral college, but if you look at the

popular vote, it is not so close. what, four million votes? i know it does not matter -- what does that number tell you? rick: right now, it looks like the popular vote and the winner of the election will be the same person. four years ago, hillary clinton won the popular vote by 3 million and lost. at least we will have alignment between what the popular vote did and potentially if joe biden wraps it up here that the electoral college will adhere to that. i would say it does show how close the country looks at the two candidates and how the parties have coalesced around for two sets of facts about the country. i think that is something that is very much worth exploring as we enter a new administration. how do you align the country's interest? we should not be in a place where people vote, covid

first versus opening up businesses second. we shouldn't have these binary outcomes in politics. i think that is part of what it tells you, what a divided country we have and we need to find things that can unify the country. emily: all right, our bloomberg contributor editor rick davis. thanks so much for your perspective and your historical perspective. we'll continue to cover it. but asn day may be over, ballots continue to be counted, officials remain on high alert for domestic and foreign interference. joining us to discuss on the heels of the third-quarter earnings, cloud flare's owner matthew prints. ce. interesting view into cyberspace, whether there has been interference. what exactly have you seen in

the days leading up to this and the days following the election online? matthew: in 2016, we watched in some horror as cyberattacks that influencey the election and we vowed he would do something about it. we launch the athenian project, which is a security services which we charge large companies millions of dollars for free to state and local officials. moree 2020 election, than half of u.s. states were using our services to stay safe. the good news is, first, while there were some small attacks, it paled in comparison to what we saw in 2016. second, even the small attacks that took place, we were able to deal with and we saw no evidence that there was any type of an attack which interfered with the ability for people to learn about candidates, to register

to vote, to find a polling place or precinct to count the votes, and report those accurately back to secretaries of state and ultimately out to the media. that i haveing spent a lot of sleepless nights with our team and we have been on call the last two months helping states and campaigns to make sure they stay available. i'm glad that cyberattacks are not part of the story this year. emily: i wonder if your team is going to be on call for the next few days and weeks because with so many races close to call, with the country so divided, with the potential for misinformation to run rampant, that is the kind of chaos adversaries prey on. how big is a risk in coming days? matthew: we will stay on call until the states give us the clear, that they feel like the risk is behind them. i think part of the election that we were most concerned about from our perspective was

during the voter registration portion because that was the most internet facing portion of any election. andontinue to protect number of media organizations and others from attacks. again, we stand ready to help however we can. emily: so, you know, i know you have been following the race closely looking at your twitter feed. what would a biden win mean for your business? what if trump stays in office? matthew: i think we provide support for both campaigns. and briefed them. we worked closely with the obama administration, briefing them on cyberattacks when they were in power. we did similar things with the white house for the trump administration. i'm not sure it is a dramatic change in our business one way or the other. we think it is really important

that we help ensure the integrity of, in this case, the elections, but any of the businesses we protect. weren't rooting for one side or another. we were rooting for the process. in this case, the process is sometimes slow and sometimes messy, but we are proud we played some role in making sure cyberattacks were not marring the process. emily: and quickly, i know you just had a strong third-quarter as more of the world moves online and even more so in a pandemic. what are the highlights of growth that you are seeing? matthew: we are seeing really strong growth across our services. the pandemic has forced the world to rely on the internet more than ever. one of the companies to ensure the internet is fast, safe and reliable. that has been a tailwind for our business and i think it shows in the results. emily: all right, matthew prince, cloudflare cofounder and

ceo. thank you so much for stopping by on a busy day. pennsylvania remains in the spotlight as the vote count continues. we will speak with senator bob casey coming up about what is happening in his state. that is next. this is bloomberg. ♪

emily: former vice president joe biden has taken the lead in pennsylvania over president trump and if he wins the state, that would put him over that magical number of 270 electoral votes. joining us now is senator bob casey of the state in question,

pennsylvania. thank you so much for joining us. all eyes are on pennsylvania right now. when will the vote count be finished? sen. casey: that is a really good question. if i could give you the hour, i would. it is hard to estimate or be precise about that but i will say this -- people have worked very hard to get this count to be completed. it is still ongoing and there is still work to do. the last number i saw was in terms of the mail-in ballots is still about 110,000. and then you have provisional ballots that they will start in many counties that have them, that started processing those. but i think we will probably have a much better sense of the vice of the margin that president biden will win the i doubt it would be

late tonight, but certainly sometime tomorrow where you would have a sense of where the margin would be in the unofficial count. that margin would go up, i think pretty significantly when you continue the count to get the official count for the certification of the election. number,id that ultimate the official number will be about 120,000 vote margin. i don't think it will be that high in the next two days or so, the next 24 hours. but i think it will be a margin that will be sufficient where those who are making determinations about calling the election would be able to do that, especially if the margin grows. emily: we are looking at a detailed county by county map behind you. i know the folks across the state have been working very hard to do this quickly.

i was watching on the west coast late into the evening and early morning hours, we were watching the live streams of workers in your state continuing to count the vote. it sounds like you don't think we will get an unofficial leaning tonight though. is that what you are saying? they will not be finished tonight? sen. casey: that is my sense of it. precise. of it is not there is not necessarily a metric, even though you know over all the number of ballots that are left to be counted. you have numbers you can attach to it, but in terms of knowing exactly the timing -- because sometimes the mail-in ballots can be processed at a certain rate because of the nature of those ballots. but then you have something like ballots that have defects and problems, those take longer to examine and review, and there's a process by that. the provisional ballots come

after that and some of those, there are questions that arise because you might have -- someone has been approved for a mail-in ballot but they didn't get one so they showed up to a polling location and they said you can vote by provisional ballot. then, you have to go back and conduct an inquiry to see what ballots get counted. then, you have circumstances someone takes a ballot, gets a valid, returns it to the mail to the dropbox or otherwise and for some reason that ballot was rejected. that can also be a provisional ballot scenario. they take longer. it is not just the processing of one ballot at a time. there is time attached to that. it is a difficult process, but the only thing i am certain about is when the votes are counted, joe biden is going to

be the official winner of pennsylvania and thereby will win the electoral college. president hase mounted legal challenges in several states, including in your state. the commonwealth court ruled in person and mail in votes must be segregated. do you believe that the mill in votes, are you concerned that the mail in votes somehow be discredited as a result of the pushback? sen. casey: no. acted inhe president the most their responsible onsible fashionsp you could imagine. he foreshadowed all of this, his conduct and his behavior, he foreshadowed this weeks or months ago when he started , castingoubt on the doubt on the mail-in ballots system, even though he votes by

mail. he's acting in a manner that it think is not only going to cast out on our election systems all across the nation, thereby insulting democrats, republicans, independents who run these offices, but he's also at the same time undermining democracy. he's undermining national security. when he conducts himself and makes the statements he made yesterday, i'm not sure there's anyone in this country that benefits from that but i am certain if vladimir putin and our enemies do. the president should act like a president. he did say very clearly and forthrightly that he respects the will of the people. that he will fully comply with the obligations to have a peaceful transfer of power. and he could also at he might want to pursue legal action, but if he says that and pursues it,

got to have proof. and so far, he has no proof. he's got a lot of lies, a lot of statements, a lot of tweets. it will not work out too well, because ultimately, there is the constitution that will overwhelm him. he's got to make a choice whether he wants to confront the constitution or whether he wants to comply with the constitution. emily: some of the allegations have been coming from rudy giuliani has alleged massive cheating in the state of pennsylvania. there is concern among some democrats that the republican legislature could send rival trumpdoors tors to vote for if biden wins. how worried about that are you? sen. casey: not at all. two things. first of all, the source of those kinds of smears. it is the same old trump playbook. it is all fear and smear and demonizing people.

they tried that as well to suppress the vote and that didn't work out so well. the national voter turnout record as well. the sources that a credible source, number one. why is a better word. even republican legislators in pennsylvania aren't going in that direction. they put out a statement, i think it was this morning, to that effect. electors are in place. they will go to the electoral college, they will vote. and joe biden, i believe based on what i know about the pennsylvania vote, and it looks like in some other states as well but i cannot speak with authority on those, he will get the electoral college votes he needs and maybe more. emily: that said, the president has made it clear if he does not win this election, he's not going away quietly.

i wonder if you think some of these moves are normal to politics or if this is something greater? sen. casey: i don't know. he does not consult me. look, the national republican party, members of congress, they have a tough decision to make in the next few years if president trump is out of office. they have to make a decision about whether they continue to reflect to him or whether they will begin to do outreach to the groups in our country that are growing and that are going to have a lot more power than they do now, young people, women, communities of color. people that these republican elected officials will have to win their state, like suburban voters. reflecthey continue to

to donald trump for the next few years, they will have trouble on many election days. emily: now, has the votes continue to be counted, what do you think was the resounding message that resonated with pennsylvania voters? sen. casey: i have not really -- i spent a little time through the exit polls and they can be informative in this kind of anermination about what election was about. i think overall generally, you saw it in the polling in the way that campaign transpired, they were looking for leadership. leadership on the virus. they want a president who will take substantial steps to tackle the virus. maybe even at some point to try to control it with all the mitigation steps we should be doing and president trump should have let us in the direction of secondly, they want an economic

strategy. strategy to get us out. we are in a dipper economic issue then we were in 2008, 2009 and 2010. i think joe biden not only demonstrated he has the experience but also the plans to topple them both. emily: senator bob casey of pennsylvania. we will continue to watch your state with bated breath. thank you for taking the time to join us. i do want to get to our mario parker who is standing by at the white house. of course, as the votes continue to come in, we just got a tweet from the president and i want to bring it up. it says joe biden should not wrongfully claim the office of the president. i could make that claim also. legal proceedings are just now beginning.

when you read between the lines, what does the president say? mario: absolutely. the president is saying more or less what he's been saying. we didn't see him today at the white house but he did release a statement through his campaign where he pretty much said legal challenges are just beginning, that he plans to fight through whatever legal resource he has. the president has spent a lot of time saying the mail-in ballots were not valid. so, those claims are us -- unsubstantiated. emily: so, we are waiting to hear from joe biden tonight. are we going to hear from president trump? mario: it does not look like we will hear from him. the white house just called a lid. we are not expected to hear from him unless something changes in the white house lives that lit. we are not expecting any public appearances from the president today. emily: look, we don't know if this is going to happen in the next minutes, hours.

it could be days. what are you watching as this drags out? mario: well, one thing is the president's campaign has been holding calls every day this week with reporters in which they were just giving up optimism and confidence that they will win. one of his advisors said we should know by today, meaning friday, that the president had won the election. there was no such call today from the campaign. the president's rhetoric signals the only recourse they have is through the courts rather than a pathway to 270 as joe biden inches closer to the mark. certainly, we will see a recount in places like georgia, for example, but the final tally could be much wider in a place like pennsylvania. are your sources inside the campaign given you any indication that reason will prevail here?

or will president trump fight this to the bitter end? mario: we will see president trump fight this to the bitter end. in terms of the pathway to 270, quite frankly, it is not looking good. joe biden is on the precipice here. the vote counts that are continuing to come in and laces like pennsylvania and even georgia which has not been won by a democrat since 1992 seem to be favoring joe biden. as of the counts in nevada and arizona. it looks like he has a clear pathway to the white house, albeit whether or not these legal challenges that the president is mounting, they materialize and give some legs. emily: all right, our white house correspondent mario parker standing by with the view from president trump's campaign. thank you so much. we are continuing to watch pennsylvania, nevada, north carolina, georgia and arizona.

do not miss our special coverage continuing with david westin hosting wall street week coming up. that does it for this bloomberg special: election 2020. ♪ are you frustrated with your weight and health?

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and be healthy. get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. david: the long and winding election wrote, but hasn't let us home or to the courthouse? this is bloomberg wall street week. i'm david westin. this week, larry summers of harvard and glenn hubbard of columbia. sam dowell of equity partners. sam: we expect a biden administration would be more pro regulation. david: charmin of goldman sachs. beth akers of the manhattan institute. rebecca greene of william & mary. rebecca: none of that will matter if the defeated ballots would impact the outcome. david: and rick rieder of ac