Bloomberg's Gordon on Obama's Endorsement of Clinton (Audio)

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President Obama has formally endorsed Hillary Clinton and implored Democrats to come together in order to elect her after a bruising primary battle. He says that the stakes of the election were too high to allow party divisions to stand

in the way of defeating Donald J. Trump. Here to tell us more is Craig Gordon, Managing editor from Bloomberg News in Washington, d C. Craig tell us the feeling right now in Washington and all of the information you have about this endorsement, absolutely, I mean right now, there is definitely a sense that the Bernie Sanders campaign is seeing its twilight. Um, the President invited Bernie Sanders, or had Bernie Sanders over to the White House, where told

Bernie Sanders asked for the meeting. It's clear they had a respectful discussion. But it also sounds like President Barack Obama said to Bernie Sanders, I'm gonnador Hillary Clinton today. So like you've had your meeting, You've had now a phone call on Sunday, a meeting today. I's trying to move forward, and Hillary is about to get my endorsement. Um. So, Bernie Sanders came out and said he'll continue campaigning through Tuesday's primary in d C. But it's pretty much over

at this point. Yeah, and probably a foregone conclusion because we knew that the President was meeting with Bernie Sanders, we know that he had talked to him on the phone over the weekend. One thing Hillary Clinton and Bernie Sanders have in common to a certain extent, is, uh, at least during the campaign months, a crusade against Wall Street.

Is it significant that one of the first things we learn as the President endorses Hillary Clinton now, uh, that she's going to consult with Elizabeth Warren on Wall Street. Elizabeth Warren who has been very tough on Wall Street and would probably like to see even stricter rules applied. Yeah. I mean, at one level, that is not a huge surprise. Um. Right now, Hillary Clinton's job is but even before she has to turn to the task of beating Donald Trump in November, she has to get a lot of those

Bernie Sanders supporters on board with her. There's still a lot of sore feelings, uh, in in the Sanders camp and in the Sanders campaign and the Standard supporters toward Hillary. It was was actually that's sort of a I would say, a bitter fight. Um, Bernie Sanders did not go quietly. He decided to stay until the end. He still does

not think. I think to this day, based on his comments at the White House at Chilly is fully embracing the issues that he's brought to the table, or whether it's an income inequality or health care for all college you know, paid for by the government, and he is trying to keep that voice going. So a lot of his people came with him because they did not really

believe in Hillary clintor want to support Hillary Clinton. So first and foremost she has to say to them, Look, I'm I'm with you all, do for you what Bernie Sanders would have done. No better way to say that than to talk up Elizabeth Warren on a day like today. In a lot of ways, a lot of those Bernie Sanders voters had hoped Elizabeth Warren, the Senator from Massachusetts, would be the one running. She didn't. He did, so they had to back Bernie. I'm not I don't mean

to make light of it. It's very possible that Hilly Clinton is going to talk very seriously with Elizabeth Warren, possibly even a cabinet post. There's a lot of rumors in d C. You know, who knows, maybe a Clinton Warren ticket president vice president, not just one woman on the ticket historically, but too. I'm not sure we're gonna see that go quite that far, but it's a good day for really going to be talking about Elizabeth Warren as Bernie Sanders supporters are looking for someplace to go

with their votes. Craig, one thing that is not a rumor is that Hillary Clinton, as the standard bearer of the Democratic Party and endorsed by the president, is the first woman to hold that role. Is there a sense of the historic quality? I will tell you it's actually funny. As reporters who cover this, and we've been covering this since all the way back in the first week in

February in Iowa, it is occasionally easy to forget. You know, you're so busy in the in the here and now, you're so busy with the who's up, who's down, what's happening today, that on Tuesday night we had to have a little huddle in our newsroom there in New York, a little bit to be like, hey, let's remember this is actually kind of a big night. We're actually witnessing

some history here. I'm not saying we're pro Hily Clinton, right, that we're just saying, undisputably, as you said, indisputably, as you say, there's there's some history being made here. It's easy to sort of forget that. I think Hillary Clinton is going to spend a lot of time making sure we don't forget that. I was struck by how much she talked about the historic milestone she achieved on on Tuesday Night, the becoming the first major party nominee who

was a woman. And I think she's gonna talk about that quite a lot. On the trail in two thousand and eight, she really almost never talked about it. In she's talking about a lot. She needs those women voters to come out and support her to be Donald Tromp a huge part of her base. She needs to get him fired up, and she's trying. And of course, what many people pointed out is that, uh, sometimes with women,

if you if you're gonna find a weak spot. She's stronger with older women and maybe not as strong with millennials, right, And maybe it's you kind of wonder then, because we have Margaret Talive on the show yesterday, your colleague who covers the White House for Bloomberg News, and she pointed out, you know, but Hillary has been first lady. She's been, you know, the the head of the State Department. So maybe that's another reason why it doesn't feel quite as like,

oh wow, there's a woman up there. But I wonder if this this issue for younger women is they're kind of more used to women being in positions of power. I totally agree. Um. I mean, look, you have Janet Ellen runs the Federal Reserve, Angelo Mercle runs Germany, Christine Legarde runs the I M f uh, you know going, and even Margaret Thatcher ran you know, the UK for

a while. It is it is while it is an enormous historical mouth, and inside the United States, around the rest of the world, they could fairly say, hey, what are you folks on waiting for over there? You know, come and join the party. So I do you know, I've always reluctant to talk, you know, go too far down the roads and within the mind of year old women. But I could see them saying, you know, yeah, she was the first lad then she was the center, then

she was the Secretary of State. This doesn't seem like quite as big a milestone, but I think for a certain there's a certain generational split. And some of our polling it was women under forty were less impressed, women over forty were more impressed. There is a historical split there, or a generational split there. I think he was gonna try to talk to both halfs of that split and and try to get him on board with her campaign. Quick question, do you really think she'd pick a woman

woman to be the vice president? I mean, she's a woman. Do you need to on the ticket? Off? Do you need to I don't know if you need to. Look. I'll say about this is that there is a there is a little bit of historical president Bill Clinton. I was much remarked about when he picked Al Gore, another Southern younger politician, to be on his ticket. He won the White House that way. It's not such a crazy idea. It's in a year that we've seen all kinds of

things we would never have expected. We shall see. Craig Gordon, thank you so very much for joining as part of our Bloomberg Politics team in Washington. D c We're gonna talk player with Megan Murphy, his colleague in Washington, as well Bloomberg's Washington bureau chief, about the latest on the campaign trail. This is taking Stock on Boomberg Radio. Coming up on taking stock a bet for seen? How about joining George Soros and buying some gold? It's up this year?

Will it continue? We'll find out more