Ohio Representative Jim Jordan Talks Midterm Elections

0:00For Begrim, one of Thailand's oldest established companies, growth does not begin with the deal. It begins with trust. Later in this podcast, here how that approach has taken the company from Thailand to South Korea and the United States. Bloomberg Audio Studios Podcasts, Radio News Republican Congressman Jim Jordan of Ohio's Fourth District is joining us now live from the convention hall here on Bloomberg TV and radio. Mr. Chairman, thanks for the time. Welcome back to Balance of Power. When we consider this $5,000 dividend, your colleague Tom Masi said, Congress has a few more days on quoting him directly in session before the election. I should do a discharge petition to give out $5,000 checks before the election. I wonder how many Republicans would sign it. It begs the question, Mr. Chairman, why can't you just do this now? You already have the majority. Well, look, I want to see the proposal. I'm always in favor of letting hardworking Americans, American families keep more of their

1:04money, more of their money to spend on their goals, their dreams, their kids, their grandkids, their endeavor. So, I'm always in favor of that. I want to know how this program, the President announced last night might work. What I do know is the President gave a great speech last night. There was a huge crowd, a lot of energy, which I think we're going to need as we go through this next 54 days in this election period. I think we can keep the majority because I think we can go remind the American people that just how radical the left has become and they now control the Democrat Party. And I think if we do that, and we also remind the American voters about what we've done in cutting taxes, what we've done in securing the border, I think we can win. Well, just to go back to the suggestion that you need to see the details of this proposal, should we understand then that the President hasn't actually talked to Republicans in Congress about this idea before he announced it on that stage? Well, we heard it last night in his speech. Like I said, that was a great speech, a lot of energy here in the arena. But we want to see the details. What I do know is what we did in the big, beautiful bill, largest tax cut in American history,

2:06letting families, letting Americans keep their money to spend on the things that they want to spend it on. That's always better than government, deciding to spend it on some new crazy program. So I think that's good, empowering people with letting them have more of their money than things of good idea. But let's see how the, I don't know all the details of this plan that he announced last night in his speech. Okay. Well, when you consider then the wider picture, which you were just speaking to on the government spending money, this obviously is a program that could cost over a trillion dollars, at least by a rough calculation. You mentioned the one big, beautiful bill, which the Congressional Budget Office said could have that, a four trillion dollars to the deficit over a decade. How is any of this, frankly, Mr. Chairman, fiscally responsible? Is this fiscally conservative? Well, the tax cuts were, one big, beautiful bill. I mean, letting people keep more of their money, letting businesses keep more of their money, doing things that are good for our economy and economic growth, those are all positive.

3:06This idea that somehow that's creating the deficit. Oh, it's the spending side of the equation that's creating the deficits and piling up the huge debt. Now, that's a real problem. We're going to have to address it. I remember the headline in the, headline in the journal back in January, it said, this United States Senate class will be the first Senate class, which will have to deal with the Social Security question on, on, because there's projected to be a shortfall. So we got to make sure we honor that content and make sure Americans get their money. Social Security is sound. That is coming. We don't have to deal with this debt problem, but cutting taxes, letting Americans keep their money. That is not, that does not add to the deficit. It's the spending side of the equation that adds to the deficit. And that's what we got to work on with some of the fraud that's going on, some of the other things that we see government spending on. And President Trump and his team have done good, good work in that area, particularly in the fraud area. Well, when we consider that President Trump and his team, of course, were speaking at the convention, including the Treasury Secretary who has been trying to address the challenges

4:08arising in the bond market because of this fiscal situation as well. And so the Attorney General of the United States, Todd Blanche, I ask you, this is the chair of the Judiciary Committee. Should the Attorney General have had any business speaking at a political convention like he did last night? Todd Blanche is doing good work. I've been in Congress 19 years. He's the best attorney general I've ever worked with. I've been very impressed with Attorney General Blanche and his team, Colin McDonald, the guy that they point as the, as put as the point person for dealing with fraud and going after people, the guy who got the indictments on these folks up in Minnesota who were ripping off taxpayers. Todd Blanche is doing good work. I think it's very, very appropriate, completely fine for him to address the crowd like he did last night. He did a good job and he's doing good work as the Attorney General, giving us information that we never got from Maryland. But doing things, exposing some of that, helping us understand completely what the administration was doing. And a political convention, would you not have had a problem with that, Mr. Chairman?

5:11What of the Hatch Act? My problem with Mayor Garland was the fact that he did the Memorandum saying if you're showing up at a school board meeting as a parent, somehow you're a bad person and we need to spy on you. My problem with Mayor Garland was when the FBI under his leadership did the Memorandum saying if you're a pro-life Catholic, you're an extremist for goodness sake. Those were my problems with Mayor Garland. I think Todd Blanche is cleaning up the place. He's doing the work that you need to do as the Attorney General. And I've really enjoyed working with Mr. Blanche and the work that they're doing in our Justice Department. Well, let's talk about some of that work from the DOJ. The DOJ, of course, is now made repeated asks to the Supreme Court to allow mail-in ballot changes at the U.S. Postal Service that the administration has pushed for to go forward. We're 54 days out from an election, Mr. Chairman. The fact that this remains an open legal question. What is that going to do to Americans' confidence in our voting system and in this method of voting that the President himself has used repeatedly?

6:17Well, I mean, President Trump is trying to make sure we have confidence in our voting. I mean, come on. Hey, everyone knows when you see what happens in California now, every election, like we don't know the winner in some of these races for two or three weeks, you got to be kidding me. So I'm just trying to make sure that the elections are fair. They are accurate that people can have confidence in our system. I know in Ohio, we get results. When the polls close, we get results within an hour and a half, two hours. It's done. Finish. We know who won. The way it's supposed to be. So this idea that somehow in Nevada and California, it takes for New York, it's always seems to be these blue states it takes forever to figure out who won a congressional race, who won a governor. That's ridiculous. That undermines confidence. President Trump is just trying to make sure only citizens are voting. You got to have a photo ID. Only people who are supposed to be on the voting voter registration list are actually there and participating in our elections. I think Americans want that to be the situation. That's what he's trying to do. Are you privy as the chair of the Judiciary Committee to the actual data around how much

7:20mail and ballot fraud is actually happening in states across the country? What do the figures actually look like? Well we're doing an investigation led by one of our subcommittee chairmen's Jeff Andrew from New Jersey. We know in New Jersey, Mikey Cheryl come out and told us, 6,000 people, almost 7,000 people were on their voter registration roles who weren't citizens. Some of them actually voted in an election. I don't think Americans appreciate that fact. What President Trump is trying to do is make sure that that is not happening. That phenomenon is not happening in other states. I think that's just something government should be concerned about and government should deal with, which is exactly what President Trump and his team are looking at. Well and you mentioned leading that investigation given your current gavel on the Judiciary Committee. Do you intend to keep that Mr. Chairman in the committee or should we expect you to be running for a leadership position whether or not it's in the majority or the minority? I am focused on one thing. We got 54 days to make sure Republicans keep the house and keep the Senate.

8:24If the party that now is being controlled by the Democrat Socialists, the Mamdani crowd, if they get in power where they will take this great nation is frightening. Remember what Mamdani said nine months and 10 days ago. He said I was elected as a Democrat Socialist. I will govern as a Democrat Socialist. Where they want to go. They will undermine what this country is always given its citizens. It's a simple idea. You got a goal. You got a dream. You work hard. Good things happen. They will undermine the, look at their crazy principles that they're trying to accomplish. It's really bad for the country. That's the main message. I think we got to take to the voters over the next seven and a half weeks. Well that may be where you think Democrats want to go but where do you want to go? Mr. Chairman, will you run for leadership? I want to, I want to, I want to, I want to, I want to, I want to, I want to, I want to win. I want us to win. Okay. To me, what, what, what the left is up to, the one-scary party of FDR and JFK is now controlled by the, the anti-Israel socialist crazy crowd.

9:29That's who's running the Democrat Party. And frankly, the leadership of the Democrat Party, I am focused on one thing. Helping candidates. I've been traveling all over the country, helping candidates and colleagues so that we win and keep the majority. Is it similar included? Will he win, sir? I'm helping Republican candidates across the board. Just helped one today here in Texas, JCR, bro. Find a wonderful, a new candidate running in one of the open seats here. I'm going to be a great lawyer. I think hopefully be a great member of the judiciary committee or whatever committees it gets on. But we were helping him today. We helped another colleague yesterday, Keith, self here in the Texas area. We're helping Monica, Dale, Cruz, tomorrow going up to Oklahoma to help Mr. Tedford and Tulsa on Saturday. And we're helping candidates all over the place. The goal is to win because if they win, they're going to take the country in a bad, bad direction. Well, that is certainly a very busy schedule. Do you plan, Mr. Chairman, to help any Republican specifically get the gavel next on the Judiciary Committee? Is there someone you would like to see replace you?

10:31We've got a lot of good candidates. That's up to the steering committee in the conference. We'll let that process play out. We've got a lot of good candidates who are interested in being the next year. Okay, fair enough. Finally, Knight II here in Dallas. Obviously it's the vice president who will be giving the keynote speech. Is it your expectation that he will be your party's nominee in 2028? Would you like to see him be? I think JD's done an outstanding job when he was a senator of our great state. The thing he's done an outstanding job is vice president. I think he's certainly in the mix. He'd be great. But I think there's Secretary Rubio. I think there's Governor Youngkin. I think there's Senator Cruz. I mean, there's a lot of people who may run. We got a lot of one thing I know is we got a lot of great candidates on our side that I think could be great presidents. They got, you know, AOC and whoever else they're going to Gavin Newsom, whoever else they're going to, they may nominate. I thought Senator McCormick. Last night did a did a amazing job. I really appreciate Senator McCormick and what he's done. I think he could ease in that mix as well. So we got a number of great candidates.

11:32And of course, the vice president from our great state is right at the top. Yeah. McCormick introduced by Democratic Senator John Federman. I got to say Mr. Chairman, I don't think many people were expecting that one. Thank you for joining Bloomberg TV and Radio Live from the convention hall here in Dallas. The chair of the judiciary committee. I'm out of time, Mr. Chairman. Come back to Bloomberg and we'll talk further. I appreciate your time. A new market, a new partner, a new project. Growth can sound simple, but for one of Thailand's most enduring companies, BeGrim, expansion starts long before any deal is signed. It starts with relationships. It starts with trust. We follow our vision. That's why we went to America. We enter into the US market for the small hydro-protect 30-mg in Malaysia. There are many, many companies that are very successful in their own metrics. And so I think everybody has to define their own way of success. I would find success by being a good part of society. People look at us and say, yeah, this company does well for society.

12:36That I would define a success. Find out more by searching BeGrim, Students of Compassion, wherever you get your podcasts. This is Robert Smith from Business History. If you're listening to this, there's a good chance you're a small business owner. And like every small business owner, you started with a dream. To do what you love and watch it grow. What you probably didn't dream about, keeping up with cyber threats. That's where MasterCard can help. With access to tools that help identify cyber threats to better protect your business. Building a dream business, priceless. For cyber security in a changing world, there's MasterCard. Learn more at mastercard.com slash small business.