joining us to discuss leadership in our national crisis is carly fiorina, former ceo and 2016 presidential candidate >> good morning, how are you >> i'm doing well. talking about leadership i want to talk about it from a national perspective president trump is trying to extend executive authority, whether it's threw potentially invoking the insurrection act, the order involving social media or pushing states to open their economies when governors may not be ready yet what's your take on that, the balance behind asserting leadership in a time of crisis and pushing too far? >> first, i have long said and long believed that power concentrated is power abused so i am never in favor of the concentration of power for the purposes of exerting it. i have also long said that the exertion of power is not the same as leadership it's not to say that leaders don't have power and should use that power judiciously and well, it is to say that leadership, particularly in a crisis, begins with the leader understanding that their role is to serve others a leader's role, particularly in a crisis, is to solve

. >> carly fiorina ran against trump in 2016 but voted for him. she's going to vote for biden calling him a person of empathy and character. she's using the word empathy. is the president in trouble >> i don't know that he is, erin. i think that his support with republicans is still strong. now, remember, if he -- if his support declines even a little bit amongst his own party, it puts his re-election in jeopardy. so it doesn't take that many republicans. but as a general matter, the president is performing very well with republicans still. there is that margin, though, where i think he needs to be concerned. people like murkowski and carly fiorina -- >> he can do extremely well with registered republicans, but he needs more than that to win. where are you on voting for him? are you set that you will or have not decided? >> i'm still trying to figure things out and see where things go. i think a lot of republicans are in the same boat. >> i appreciate your time. thank you. >>> and next, it could be one of the biggest political upsets of the year.

even a good republican like carlie fiorina says she's going to vote for vice president biden. fix it. >> dana: what about being nimble? the things that might matter are the three debates this fall. >> jesse: i'm so glad juan thinks everything is working perfectly. i'm so glad that the democratic party thinks this is going well. because here's the deal. i was just as nervous when i'm looking at the poll numbers. i said is trump really losing that badly? how can this be? so i called the best poll guy in the business. you know what he said? this is how they frame the biden lead. they don't poll likely voters. they poll adults and registered voters. those people don't vote. they're not going to vote. that takes away tens of millions of potential trump voters. then they screw with the sample size. the election poll of 2016 had party affiliate 33% republican. when they do the sample in these polls, it's like 23% republican. so they take out 10% of the republican affiliations right there alone. then what they do is that they load up the poll with a racial questionnaire. so they take

in the second hour on bloomberg radio, we will hear from tom steyer and carly fiorina on balancing thes "balance of power" on bloomberg television and radio. ♪ d radio. ♪ vonnie: it is 1:00 p.m. in new york, 6:00 p.m. in london, and 1:00 a.m. in hong kong. i'm vonnie quinn. welcome to bloomberg markets. here are the top stories we are following from around the world. u.s. stocks have taken a u-turn, lower now on this quadruple witching friday. marcus samuelsson on black lives matter and the crisis in hospitality from the coronavirus, this is new york city moves to phase two of reopening. and the warning to eu leaders. the ecb president and german chancellor say the consequences could be dire if they failed to agree on the stimulus proposal. let's take a look at the markets. we are seeing a nice bounce through the first half of the trading session but that has all been erased, except in the case of the nasdaq. that is up .2%. the s&p has erased all of its games. the dow is

carly fiorina ran against donald trump and saying who she's going to pick. >> i've been very clear that i can't support donald trump. and you know, elections are binary choices. >> so you are voting for joe biden? >> well, it is not for november, is it? i am not voting for trump. >> if it is a binary choice. >> it's a binary choice. if faced with a binary choice on a ballot, yes. i think this moment calls on joe biden to be a leader. i am encouraged that joe biden is a person of humility, empathy, and character. >> a little tortured, finally got there in the end. it feels like joe biden is coasting without having to do much more than be a grownup. at this point, the strategy inside the campaign, just be an adult. >> just be a decent human being. look, joy, you started off the show talking about the six states that joe biden is up, six states that donald trump won in 2016, and here's the thing. donald trump has the power of the incumbency, yet joe biden is beating him in these states, almost in every poll. and joe biden is expanding the map. ess he is expanding the map, building a coalit

carly fiorina, who ran for the republican nomination for president, okay, she wanted to be the republicanee in 2016, she just came out, i don't know if we have the sound ready yet, because it just crossed. but she just came out and said that she is going to vote for joe biden. she said, i've been very clear that i can't support donald trump. the citizens vote is more than a check on the box. it's a statement about where we want to go. and i think we need now actually -- what we need now is actually real leadership, she says, that can unify the country. i'm encouraged that joe biden is a person of humility and empathy and character. i think he's demonstrated that throughout his life. it really is such a long way from 2016, david. >> such a long way. and obviously, she tangled with donald trump. and you know, he was personally insulting and she obviously questioned his fitness for the job then. and so it may not be a surprise to a lot of people, but here is a conservative, this is a business republican, and this is another republican saying, enough. i can't deal with donald trump anymore. i

coming up in the second hour of balance of power on radio, two special guests, carly thierry fiorina,eyer -- and tom steyer. this is bloomberg. ♪ ♪ taylor: it is 1:00 in new york 6:00 p.m. in london, and 1:00 , a.m. in hong kong. i'm taylor riggs. welcome to bloomberg markets. here are the top stories we are following from around the world. a blowout u.s. jobs report. the labor market defies forecast for a surgeon unemployment as payrolls grow by 2.5 million in may, and the jobless rate falls. that sent the nasdaq to a record high and the s&p 500 is now just around 1% down for the year. we will hear from julia coronado, the president and founder of macropolicy perspectives. thinks about this surprise jobs report, and what it means for the pace of recovery. and then later i was peter tom bene, ceo of the national restaurant association. food services saw a higher than expected boom in that report, adding one point one million jobs. let's get a quick