From the Bloomberg Interactive Brokers Studios. This is Bloomberg Daybreak for this Friday, June ninth.
Coming up today, first foreign ex President Donald Trump charged for refusing to turn over classified documents.
I'm an innocent man, I'm an innocent person.
Well A Moore from Trump Plus analysis on the historic case and.
Also the politics at play, how this impacts the run for the White House.
Air Quality in New York City improves for the first time since Monday. Plus is surprise Supreme Court ruling on Alabama's congressional maps. I'm Michael Barr.
More ahead, I'm John Stash Aaron sports, heartbreaking loss for the Mets, doubleheader split for the Yankees Florida in Vegas, and overtime in the Stanley Cup Final.
That's all straight Ahead on Bloomberg day Break, the business news you need to stirn your day in just one fifteen minute podcast each morning on Apples, Spotify, the Bloomberg Business app and everywhere you get your podcasts.
And good morning.
I'm John Tucker, I'm Nathan Hager. We begin this morning with extraordinary news in presidential politics. For the first time in history, a former US president is facing federal charges. Sources tell us Donald Trump is facing seven counts over his refusal to return classified documents from his home in Florida. The former president maintained his innocence in a truth social post last night.
It's election interference at the highest level. There's never been anything like what's happened. I'm an innocent man, I'm an innocent person, and we'll fight this out, just like we've been fighting for seven years. It would be wonderful if we could devote our full time to making America great again, and that's exactly what we did. But now again, our country is in decline. We're a failing nation, and this is what they do.
The former president Trump says he's been asked to appear at the federal courthouse in Miami to face the charges on Tuesday and Nathan.
Before word of the indictment came down, there were reports that charges were immin it and against that backdrop, President Biden rejected the idea that the case would be politically motivated, because.
You notice I have never once, not one single time, suggested you're justice farmer what they should do or not do. Ra Elton bringing to charge and not bring to charge.
I'm honest.
President Biden addressed the matter following a joint news conference with the UK Prime Minister Richard Sunek.
Non reaction is pouring into the indictment. Jenie Sheianzano is a political contributor for Bloomberg News.
The word here is extraordinary. Never in American history have we seen something like this happen to a former president, let alone somebody who is the leading candidate for the nomination for the major party.
Now.
While this may be a big advantage for the former president's Republican opponents, Bloomberg's Wendy Benjaminson says it may not be enough to derail Trump's campaign.
He may still despite the indictment, and despite being on trial during the primary season next year, he may still be able to pull off the nomination.
Bloomberg's Wendy Benjaminson reports the indictment was filed under seal. Bloomberg News has learned to contain seven charges, including wilful retention of national defense information, corruptly concealing documents, and conspiracy to obstruct justice. For more on this extraordinary news, we bring in Julie Norman, co director of the Center on US Politics at University College London, professor, thanks for being
with us this morning. And we've seen former president Trump take US politics into uncharted territory many times before, but federal charges against a former president, it's really something we've never seen before.
It is indeed unprecedented, again, as things often are with Trump. The first federal criminal charges distinct from the state level charges, of course that we saw several months ago. Notable, of course, what these charges are regarding the wilful perhaps a wilful retention of national defense secrets, as well as obstruction of justice.
So these are relatively serious charges for Trump. I will say, however, though, that Trump is, as usual trying to get out in front of it, put a lot of spin on it, show himself as the victim of a government witch hunt. And this is the same narrative that's being picked up by even many other Republican contenders for the primary nomination. So this is probably not going to hurt Trump that much with his supporters right off the bat.
Might not hurt him with his supporters, but since we've brought it into the realm of presidential politics here, does this hurt him with some of those potential swing voters that might still be out there, you know, more than a year before the presidential election.
Well, definitely, Nathan, and I think that's the important thing to keep in mind here is that the short term and the long term political implications of this for the primaries, for Trump's base. Again, if anything, this will probably galvanize him further. But if he does get that nomination, if he is in that general election, I do think this would hurt him with independence, with moderates and as you said, with those key swing voters that he needs would need to get him over the line.
Again, this comes with the same Special Council still investigating the former president's efforts to overturn the twenty twenty Elie. This is just over the classified documents case at mar Lago. Could this potentially be more serious then the other investigation that this special Council is still mounting.
We will probably still hear something from Department of Justice about if they're going to pursue anything for Trump regarding January sixth. I do think that would land it hit a little bit differently, but that's further down the road for this investigation. They have been looking at this for a while now and decide to go forward with these charges based on you a couple different pieces of evidence that I assume will come to light a bit more next week. But again, this is still on the backdrop
of numerous state charges still playing out as well. We're still expecting something from Georgia. So this is one of many. But I would say the fact that it's federal, the fact that they do think they have a case here, is notable.
The former president's competitors are going to have a difficulty staying out of the fray here. You mentioned that they've started to comment on this as well. Do you see this overshadowing the race when you have so many other candidates involved in this twenty twenty four campaign.
Well, it does in a way, Nathan. I mean, I think this is one reason why Trump really just took over the headlines, you know, this spring and kind of pushed even you dissant as other people that we thought might be bigger players into a bit more of a sideline role because he was just in the headline so much with these legal challenges, and I think that will continue to be the case here, and it puts those candidates on you know, the response to then they can't
talk about what they want to talk about they have to respond to what's happening with Trump.
All right, thanks for this professor, Good to have you with us. That's Julie Norman, co director of the Center on US Politics at University College London. That's the political side of things. Stay tuned for legal analysis of the charges against former President Trump that is coming up shortly right here on Bloomberg Daybreak, and for a look at some of the other stories making news in New York and around the world. We're joined by Bloomberg's Michael Barr.
Good morning, Michael, Good morning, Nathan.
A thick, hazardous haze of wildfire smoke is looming over daily life for millions of people across the eastern US and Canada for a third day. The air quality in New York City improved to moderate overnight, according to data from the New York Department of Environmental Conservation. People in the city who are sensitive to particle pollution are still
being advised to consider reducing their activity. Mayor Eric Adams says while conditions will likely improve throughout the weekend, people should keep their masks on and not let their guards down.
We clearly understand that these crises that we're facing around our health is something we want to have to deal with. Climate change is real and we must be prepared as we are dealing with the issues that come from climate change.
New Jersey Governor Phil Murphy says he spoke to Canadian authorities.
And the scale of this is extraordinary. They said they had ten million acres burning, that that number was going to go up. They believed to twelve million. That there are over two hundred separate fires.
The conditions sent as must sufferers to hospitals, delayed flights, postponed ball games, and pushed back a White House Pride Month celebration. The main suspect in the two thousand and five disappearance of Natalie Holloway is in Alabama after being handed over to US custody. Jurin van der Slute's arrival comes roughly a month after both countries agreed on his extradition. He is wanted in the US on account of extortion
and wire fraud. Nearly two decades ago, Holloway disappeared during a high school graduation trip on the Caribbean island of Aruba. The Supreme Court decision ordering Alabama to withdraw its congressional maps was seen by many minority lawmakers and voting rights activists.
As a stunning victory, The Court, in a five to four ruling, found that Alabama concentrated black voters in one district while spreading them out among the others to make it much more difficult to elect more than one candidate of their choice. Dewel Ross with the Legal Defense Fund, argued the case to change the congressional map.
This is a really important decision. It has implications nationally for voting rights litigation all over the country, including in places like Georgia and Louisiana.
Playing his attorney, Duel Ross spoke to ABC Global News twenty four hours a day, powered by more than twenty seven hundred journalist and analysts in over one hundred twenty countries. Michael Barr, this is Bloomberg, Nathan.
Thank you, Michael.
Time now for the Bloomberg Sports update. Here with that is John Stinshauer.
All right, Nathan, as heartbreaking losses go hard to top what just happened to the Mets in Atlanta, considered how much they needed a win out the end of five game Lousion Street. They scored in five straight inning. Brandon Nimmo at a grand slam Francisco Albarez omer twice. The
Mets led ten to six. In the sixth inning, back came the Braves, Travis Darnaut to run homer eighth ining off Drew Smith, Orlando Arcia game time solo shot with one out of the ninth off David Robertson tenth Inny and Ozzie Albis face Tommy Hunter two on two out to pitch Swallon outed deep.
Braigfield, get out of here, Rosie home run back game.
If you asked for the dagger, Ben, you got the dagger. Look at that celebration at home, playing a little party.
The Braves swept the Mets. They won thirteen to ten. Yankees and White Sox split two at the Stadium. Chicago hit four home runs in the opener, won six to five. Yanks, then won three nothing behind rookie Randy Vaskaz the Yanks of those struggling Red Sox. Tonight we'll see if the Florida Panthers can come back and win the Stanley Cup Final. They still trail Vegas two games to one, but winner losing the series. Whatever run it's been for the Panthers,
seeded eight, faced elimination three times. In the first round against Boston, they were one minute from losing Game seven, and last night they were three minutes from trailing three nothing. In the series. Matthew Kitchuck continued his great playoff with the time goal. Carter Verheg scored an overtime. The Panthers won three two. They are seven to zeroe overtime games. NBA Finals tonight Denver, also at Miami, and the Nuggets
are up to one French j opin semifinals. This morning, it's thirty six year old Novak Djokovic, the winner of twenty two Grand slams, versus the twenty year old phenom Carlos Alcaraz, who's actually the betting favorite today in Paris. John stash Allen Bloomberg.
Sports from coast to coast, from New York to San Francisco, Boston to Washington, d C. Nationwide on SYRIASXAM, the Bloomberg Business app in Bloomberg dot Com.
This is Bloomberg Daybreak. Good morning, I'm Nathan Hager. We go right back to our top story of the morning, federal charges against former President Donald Trump. We are told the former president is facing seven counts from Special Counsel Jacksmith, including wilful retention of national defense information, corruptly concealing documents, and conspiracy to obstruct justice. All of this related to his handling of classified documents taken from the White House
and stored at his home at barl Lago, Florida. To dig into the details now, on the legal side of things, we are joined once again by Bloomberg Legal analyst and host of Bloomberg Law, June Grosso June. It's good to have you back with us this morning. Tell us more about what these charges mean and what kind of legal jeopardy the former president is under right now.
Well, he's just serious charges. He faces years in prison on many of these counts, and of course it hasn't been unsealed yet, so we don't know for sure what all the counts are, but some of them. For example, willful retention of National defense documents is part of the Espionage Act, and it says that any authorized person who knowingly removes would intend to retain at an unauthorized location
classified documents about US defense. So you can see there that it doesn't matter exactly where he kept them or whatever, but you can see that that's one of the easier counts. The conspiracy count is the most interesting, actually, because it means that they have at least one other person. There has to be an agreement for people to commit a crime and a step taken, so they have another person who is involved in this who is likely able to testify.
And what's interesting about this is that we know what we've heard. It's been reported that there is an audio tape of the former president waiving a document around and saying that this document is about national secrets having to do with Iran and that he shouldn't have it. So what you see there is that they're trying to show that there's an intent that he knows what he's doing, and he knows they weren't that they weren't unclassified, as
he said so many times before. So I mean, I think it's going to be pretty broad and we expect to learn a lot more just by reading the indictment. It might be a speaking indictment, which the one in New York was not, which would tell us all the information that it's based on.
Now we've heard from the president of the past defending himself even before this indictment came down saying that he had a standing order to declassified documents. He even told a interviewer in one case that he could declassify documents just by thinking about it. How could the former president potentially defend himself against the Special Council charges.
So that's the real big question right now, because the charges look pretty substantial, and that defense that he's raised so many times that you mentioned, I mean, there just is no backup for that defense. And also, from what we understand from reports, the Special Council has called people to testify before the grand jury that former President Trump knew what the first proper procedure was for declassifying documents, and so that would point to the fact that what
he's saying is just not true. He did declassify documents in the proper way. That just seems not to fly. So maybe they could say something about intent, that he didn't have the intent to do any of these things. However, there's a lot of information out there and a lot
of testimony that shows that he had did intend. I mean, there's some information that there's a tape of a person moving documents moving boxes at laur A Lago the day before the Justice Department was coming in to collect documents, and if he directed that person as is suspected or reported, then that would show his intent. So there are a lot of different pieces here, but I think I can't see a definitive defense right now. Of course, we don't know the facts, and we don't know all the facts.
We don't know all the charges. So you know, everyone always happens is that you think, oh, there's no possible defense here, Then lawyers come up with defenses. So we'll have to wait and see on that.
This is Bloomberg Daybreak today, your morning brief on the stories making news from Wall Street to Washington and beyond.
Look for us on your podcast feed by six am Eastern each morning, on Apples, Spotify, and anywhere else you get your podcasts.
You can also listen live each morning starting at five am Wall Street Time on Bloomberg eleven three to zero in New York, Bloomberg ninety nine to one in Washington, Bloomberg one oh sixty one in Boston, and Bloomberg ninety sixty in San Francisco.
Our flagship New York station is also available on your Amazon Alexa devices. Just say Alexa play Bloomberg eleven.
Thirty Plus listen coast to coast on the Bloomberg Business app, serious XM Channel one nineteen, the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager.
And I'm John Tucker. Join us again tomorrow morning for all the news you need to start your day right here on Bloomberg day Break