In short
Maggie Haberman explains how Trump’s “unreality bubble” shapes the administration’s Iran war strategy and midterm politics, and what Democrats might do if they gain subpoena power. She argues the White House runs on a tight, loyal inner circle, with secrecy and positive feedback limiting accurate information. She also discusses how Trump’s campaign approach focuses on grievances and media credit rather than sustained travel, and why Democrats may slow-walk or avoid impeachment again.
Guest
Maggie Haberman, New York Times reporter covering Trump for years; co-author (with Jonathan Swan) of Regime Change: Inside the Imperial Presidency of Donald Trump.
Key claims
Trump is frustrated the Iran war isn’t ending quickly; he won’t admit it failed. The administration’s core decision group excludes key energy/war planners until late due to leak fears. Democrats lack appetite for a third impeachment and may delay subpoenas.
Notable examples
Trump’s diner/CPAC reception in 2011; Iran strike planning before Feb 28; Harp’s constant briefing; Trump’s “most powerful” historian pages listing Hitler/Mao/Stalin, etc.; Elon Musk/DOGE as a “de facto co-presidency.”
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOUnderstanding Trump's Inner Circle
0:30 to 1:05
Discussion on the loyalty and structure of Trump's second-term team.
“Some people treat ChatGPT like some kind of smart search engine, and some use it to get work done.”
Understanding Trump's Inner Circle
2:45 to 3:47
Discussion on the loyalty and structure of Trump's second-term team.
“Notwithstanding the odd departure, overall, the core team that came back with Donald Trump that is delivering his core plan has remained pretty much intact.”
Maggie's Insights on Reporting
3:47 to 4:50
Maggie reflects on her extensive reporting on Trump.
“One of the key things we learned from that book was all the analysis of what happened in the run-up to and then after the Iran war began.”
Historical Context of Donald Trump
4:50 to 7:40
Maggie shares her experiences with Trump from before his presidency.
“I want to obviously congratulate you on regime change, but also tell you and show you how much use it has been to me.”
Shifts in Trump's Political Landscape
7:40 to 11:28
Examining how Trump's approval has changed with the midterms approaching.
“He had flirted with running before many times.”
The Current Administration Dynamics
11:28 to 14:00
Discussions on the key advisors and decision-making dynamics in Trump's White House.
“promising, he's just on the verge of doing for most of this year, and it hasn't quite come to pass that way.”
Inside the White House Meetings on Iran
14:00 to 16:46
Learn about the dynamics and secrecy within the Trump administration leading up to military actions against Iran.
“So depending on the issue, you can have, you know, Scott Besant there or Chris Wright there, the energy secretary and treasury secretary.”
Sources and Reporting Challenges
16:46 to 19:15
Explore the challenges reporters face in a tightly knit White House and how they source information.
“There are still people who tell you things.”
Pride and Defiance Within Trump's Circle
19:15 to 21:05
Understand the mindset of Trump's aides and how they perceive the political landscape in light of past scandals.
“And they're generally quite proud of what they've accomplished, both in terms of coming back.”
ChatGPT and Future Work Trends
21:05 to 21:51
Discover how ChatGPT Work is changing the way we approach projects and information management.
“160 years of experience to help you move forward.”
Show all 18 chapters
ChatGPT and Future Work Trends
22:07 to 22:40
Discover how ChatGPT Work is changing the way we approach projects and information management.
“Connect with senior decision makers, gain actionable insights and be part of the conversations driving business forward.”
Anticipating the Democrats' Strategies Post-Midterms
23:28 to 27:52
Examine potential outcomes and strategies for Democrats if they gain power in the midterms.
“What do you think that's going to be like for the administration?”
Trump's Frustration with the Iran War
28:01 to 29:29
Explore Trump's private frustrations and perceptions regarding the Iran war's progress.
“We should go back to the Iran war, which you chart in such detail those days in the run up, including Netanyahu's visit to the Situation Room.”
Trump's Engagement in Domestic Issues
29:30 to 31:50
Discussion on Trump's engagement with domestic issues and his detachment from public concerns.
“And there were always these sort of tricks around how certain pieces of information would be conveyed, especially when they were what Trump would call negative.”
Presidential Power and the Imperial Presidency
31:51 to 33:45
Examine Trump’s perception of presidential power and its implications on governance.
“There's a lot of voter anger about data centers, especially where they've pushed up electricity prices for people.”
Trump's Unusual Sources of Validation
33:46 to 36:15
Understanding Trump's validation from unconventional sources and his unique perspective.
“And it really is overwhelming when you walk in.”
Political Journalism and Personal Impact
36:16 to 40:38
Maggie Haberman discusses the impact of political journalism on society and her personal experiences.
“Well, he is not somebody who has spent a whole lot of time concerned with human rights or civil rights or small d democracy.”
Political Journalism and Personal Impact
44:04 to 44:16
Maggie Haberman discusses the impact of political journalism on society and her personal experiences.
“Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI.”
Transcript
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0:30Some people treat ChatGPT like some kind of smart search engine, and some use it to get work done. ChatGPT Work is a new way of working in ChatGPT that can take action across your apps and files, stay with a project for hours if needed, and turn a goal into finished work. It's designed to help you move from a chaotic starting point to a reviewable first version. So all the source materials, briefs, and scattered information that you have to grind through to turn into something useful can just become something useful. Put ChatGPT to work on your most ambitious ideas and projects. Get started at ChatGPT.com by selecting Work Mode, available on Plus and Pro plans.
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1:51I don't think that we are likely to see another Donald Trump anytime soon, if ever again. This is a fundamental reimagining of the U.S. presidency. It has shown that the post-World War II order won't stand. Maggie Haberman, whose reporting scoops on the Trump White House just keep coming. The way that President Trump talks about you publicly, including calling you maggot rather than Maggie, I sort of would imagine that anyone close to him would be terrified of going anywhere near you. People tend to have their own reasons for talking to reporters. This is a group of people who actively want to see him succeed.
2:29They believe in him. He was elected more decisively than before. And they are proud of that. From Bloomberg Weekend, this is The Michelle Hussain Show. I'm Michelle Hussain.
2:44It is pretty clear by now that this Trump White House in the second term is run by a much tighter, more loyal group of people than the first time around. Notwithstanding the odd departure, overall, the core team that came back with Donald Trump that is delivering his core plan has remained pretty much intact. And if there's one reporter who has really been able to burrow inside the inner workings of that team and the president himself, who's covered Donald Trump since long before he ever ran for office, it's Maggie Haberman of The New York Times. To give you an idea of just how embedded in this world she has been, back in 2016, she had nearly 600 bylines in the paper.
3:34And since then, she has written many stories and two books, most recently co-authored with Jonathan Swan, Regime Change, Inside the Imperial Presidency of Donald Trump. One of the key things we learned from that book was all the analysis of what happened in the run-up to and then after the Iran war began. Maggie's work is widely respected. Personally, I marvel not only at her sourcing, but also the volume and the quality of her output. And now with the midterms just six weeks away, I wanted her to take us inside the Trump White House right now to bring us right up to date with the atmosphere. the attitude of the president himself to the fact that the Iran war is not going according to plan, to get a sense of election strategy, what the next two years of this presidency might look like.
4:28What's Donald Trump thinking? What is he doing day by day, even minute by minute? She is the kind of reporter who can tell us that. So here is that conversation with Maggie Haberman. As ever, Bloomberg subscribers can read my notes on this episode. that's the case with all our episodes, you'll find a link in our show notes. And with that, on to Maggie herself, who joined us from her home. Hello, Maggie. Hi there. I want to obviously congratulate you on regime change, but also tell you and show you how much use it has been to me. Can you see all the post-its? Wow, I sure can. That's fabulous. We love to see that.
5:08Thank you. So it's been a resource as well as a read for me, particularly because we have... We had Tucker Carlson on the show a few weeks ago. So all of that was particularly useful. So thank you for your work in more ways than one, essentially. Well, thank you. I'm glad that it was of utility. Most definitely. You know, I've been thinking about how many reporters have observed Donald Trump for as long as you have. And I realized that for you, the story goes back considerably before the 2016 election when you were working in New York. This is before your New York Times days. Tell me about that period and how you saw him like way back before he ran for president.
5:53So I started my career at the New York Post just slightly over 30 years ago to the month as a clerk. And Trump was – think of how to describe this – he was almost etched into the fabric of the place by then. The New York Post had been re-bought and saved by Rupert Murdoch. The paper would have folded without him. But Trump was somebody who people liked reading about. By then, it was very clear that he was an over-leveraged businessman. He had had his near complete personal financial crash of the early 1990s. His marriage had broken up to Ivana Trump. He had married Marla Maples, and then they divorced.
6:35He liked being seen as a playboy. He was somebody who was always available for a quote. He would often provide his own background information to Page Six, the gossip page, as a source close to Trump. And he was often the source. So he was just around. And then in the 2000s, much of my time after the September 11th terrorist attacks was covering rebuilding at the Trade Center site for the first few years, he had no connection to the site. He did go down near the site in the day after or two days after. He had no role, though, in the recovery. He did propose, I think it was twice, rebuilding the original Twin Towers as they were, which was not in the cards.
7:18And they had already moved on with planning. I think he was very critical of the design. And then in 2010, he decided that he wanted to become more involved in national politics. I had just started at Politico that year, and I had a blog about New York, and he was hosting a fundraiser for the Republican Governors Association. And I think that was October. And that was the avatar that he was getting more serious, or I should say the warning sign that he was getting more serious about national politics. He had flirted with running before many times. But in 2011, he did make moves that one would make if they were running.
7:52He had a number of conversations. He went to New Hampshire. This was also when he started fanning the flames of birtherism, which predated him, but did not have this kind of a mainstream injection into media coverage before that because the media was in part, we were fact checking him, but it just made it go further. Amplifying the lie about Barack Obama not being born in the United States. Correct. But so that's my arc of watching him. And it's been a while. I'm interested that you did take this move towards running for office in 2011 seriously, given that he was an overleveraged businessman whose ideas like, you know, rebuilding the Twin Towers weren't taken seriously.
8:35Why did you take him at his word at that point, even though that That was not the year he ran for president in the end. It wasn't, but I could see from my trip to New Hampshire following him, putting aside the press conference that he did about Obama's birth certificate in an airport hangar. But he went to a diner. He walked around. I can't remember which town it was. It's in whatever story I wrote. There was true interest in him that went somewhat beyond celebrity. And the reaction that he got at the – he gave his first real speech at the Conservative Political Action Conference. and he was incredibly well received.
9:10And he gave this speech that he could have given it at any point in the last 15 years, frankly, except for actually the last year where he's been much more pro-war. But he talked about China. He talked about the U.S. losing its edge. There was this sense of sort of national injury that in the post-fiscal collapse, U.S. had a lot of appeal to a lot of voters. And I can't really actually explain it other than the fact that he was able to punch through in a way that clearly the operative class was taking more seriously than I had expected. But massively helped by the fact people knew him from TV by this time.
9:47No question. The Apprentice has been running for many, many years. But I think you're saying there was more than that. He did have some kind of touch beyond that. I am saying that definitely the celebrity played a role and definitely the fact that The Apprentice, which was not a real representation of his business or his business acumen, And it was a reality show, but it gave people the ability to see him in this high-backed leather chair looking leaderly. They could envision it in a way that I think they might not have been able to otherwise. It certainly introduced him to people's homes in a different way.
10:21But there was a receptiveness to him on a political level that went beyond just the, hey, can you give me an autograph, sir, that I was struck by. And then, as you correctly say, he pulled back and he re-upped with The Apprentice. And it was right after the White House Correspondents Association dinner where President Obama roasted him. Yes. And while this current President Trump will continue to claim that he loved it, he did not love it. So I know, Maggie, in this conversation, we're bound to go back and forth in time a bit. But I kind of want to go right up to the present day because here we are talking six weeks away from the midterms.
10:59that popular touch that he had at that point. What, if anything, has changed in recent months? Like in regime change, you chart the run up and the early period of the Iran war. His approval ratings are very low. The war's not going as planned. Voters have concerns that he doesn't seem to be responding to. So has he lost some of that? That's the question that we're all wrestling with right now, that if he goes out on the campaign trail, as his advisors have been promising, he's just on the verge of doing for most of this year, and it hasn't quite come to pass that way. If he does consistently go out to a number of different states, that is what we are going to be testing.
11:41But so far, he seems more interested in talking about the credit he is being denied, in his view, media coverage that he wishes that he could get, and a list of grievances that go back a while. Now, we'll see whether he is able to gin up enough fear among voters. And you are seeing a really expansive amount of Islamophobia across the party right now. And that does actually relate to 2011, too. But that may be enough because it is not a presidential election, because it is much more state and candidate based. But yes, the main concern, and his own advisors know this, is that the amount of monetizing of the presidency is on a scale we have never seen, which is not to say there is no president that has ever made money after or had a family member who is controversial.
12:27This is just something fundamentally different. We keep being told by the White House, it's all very transparent. It's done without his knowledge. And it may be, look, to your question about whether he still has that touch, one of the things that Jonathan and I, my co-author, write about in Regime Change, and you know this because you've read it, is just how cloistered he has been in this White House. And there are some reasons for it. There are legitimate security concerns. There are ways to deal with it, though. And he is surrounded by such a small group of advisors. The decisions that are made in this government are made by a handful of people in the Oval Office with him.
13:00And if the rest of the government is not in the room, they can often have no idea what's happening. And he gets this positive feedback loop from Natalie Harp, his ever-present aide, who's been called the human printer by her colleagues, by people who call him supportively. It's hard to break through that unreality bubble with him. And again, this is why being out on the campaign trail will be a big test. Six people running the administration. So - Give or take, but yes. Okay. So hang on, take us through them. Stephen Miller, Susie Wiles, Natalie Harp. Are you saying the woman who sits in the corner?
13:36No, Natalie Harp is not a decision maker. She is a direct influencer, to put it sort of gently, in terms of her constant printout of information to him. Susie Wiles, Stephen Miller, John Ratcliffe, the CIA director, Pete Hegseth, the secretary of defense slash war, Dan Cain, chairman of the Joint Chiefs of Staff, Marco Rubio. So depending on the issue, you can have, you know, Scott Besant there or Chris Wright there, the energy secretary and treasury secretary. But just to that point, and as we write in the book, in the meetings in the lead up to the first strike on Iran from the U.S. on February 28th, Besant and Wright, the two people who are going to have to manage the biggest global energy shock in history, and that is what has happened, they weren't even in the room.
14:25They were not in these meetings up until the final moment because this White House was so afraid of leaks. Information is a commodity that a huge premium is put on and secrecy. You didn't put J.D. Vance in that very close group. I should put J.D. Vance in there. I apologize. Well, I wondered if anything has changed between him and the president because of, you know, J.D. Vance voicing his opposition to the Iran war to the president. So one of the things that we showed in the book is how Vance was the only one early on in these lead up meetings about Iran who was actively against it in front of others with the president.
15:04Now, there might have been one offs where other people told the president they didn't think this was a great idea. But Vance put some capital on the line and it cost him with the president. The president got very irritated with him. I also just want to point out that it's to your question, you know, I think they're in a perfectly fine place. That does not mean the president's going to rush to endorse J.D. Vance or to get involved in the 2028 race. I'd be shocked if he does anytime soon. But it's not actually helpful to Vance to have the headlines out there about how he opposed Trump. His whole political life rests on Trump being behind him, to your question.
15:44But that is where they were. Ask me in a month where they might be. Yeah, well, because obviously the key thing is whether what's happened in the last few months might pivot him further towards Marco Rubio being the chosen successor rather than J.D. Vance. Yeah. And look, in terms of Rubio, just to be clear, Jonathan and I have no reporting suggesting that Rubio is actively looking at a candidacy. Now, he could scale up pretty fast. There are things he can't do as the secretary of state. He would really have to step away. I don't know what the constituency is in this party for Marco Rubio. He's very popular with neoconservatives, with some Republican donors and with some West Wing staffers.
16:25But J.D. Vance is actually much more representative of where the GOP is right now. One of the many things that's fascinated me about the book and your reporting with Jonathan Swan and on your own is the fact that in this much tighter White House, exactly the kind of circle you're describing, very different to the first term, you still have your sources. There are still people who tell you things. I mean, you must see how curious that sounds. No, I mean, I certainly understand the question. Look, to be clear, just a couple of things can be true at once. This book was the hardest work that either Jonathan or I have ever done, in part because it is such a closed circle, as you were saying, in part because this information environment is so difficult.
17:17It's don't trust and then try to verify, you know, and then anything you can't verify goes to the side. That should seem pretty obvious in reporting, except that we have to make sure that every single account, all corners of every single account line up. If there was a 5 % of doubt in anything that we had, it went aside. And you will notice that there really haven't been denials. Maybe there's been the broad denials from the president. It's all fake, et cetera, et cetera. but there have not been individual denials from people in this book. And I think that's a testament to the reporting. Jonathan and I have both covered his world for a really long time.
17:53And so there are some advantages to being old in the news business. That's one of them. There aren't many these days, but that is one. But look, it doesn't mean that, you know, I'm sure there are people who are upset about the book and that might make certain aspects of our jobs harder, but we're still going to do them. But the people in the circle who are talking to you, are there motives that they're wrestling with internal politics. And that's why they want to talk to you. Because the way that President Trump talks about you publicly, and I'm sorry to repeat this, but including calling you maggot rather than Maggie.
18:26I've heard it before. I sort of would imagine that anyone close to him would be terrified of going anywhere near you. So without getting into sourcing and who we speak to, people tend to have their own reasons for talking to reporters. And I don't think there's any exception to that in this current government. Sometimes it's because people know the reporters, sometimes it's because people are sort of working something else out in their own head and are just talking. I would say that in this government, unlike Trump 1.0, where you had a lot of people who were sort of using a huge array of reporters as almost therapists, you know, what do you make of this?
19:05Why is he doing this? Because he didn't know most of his government and vice versa when he came to Washington. This time, this is a group of people who actively want to see him succeed. They believe in him. And they're generally quite proud of what they've accomplished, both in terms of coming back. You know, it is a historic win in 2024. I don't mean by the margins. I don't mean by his vote count. I don't mean that he had a majority of the popular vote. But what I do mean is that the country elected a convicted felon who had been indicted repeatedly. There is not a single person in this country who has not heard some aspect of Trump's character or his business past or his behavior.
19:45And he was elected more decisively than before. And they are proud of that. And so they are proud of the work they're doing. And frankly, most of them don't see much wrong with how they're conducting a lot of their most controversial behaviors. Well, in 2021, I think even he didn't think he had a political future when you went to see him for that series of interviews at Mar-a-Lago in the wake of January the 6th. And I think at one point you were talking about the future and he's like, what do you mean 2024? Well, it was actually, I looked at that answer slightly differently. It was, I wanted to talk about the future and he just wanted to talk about the election that had just happened.
20:20And I don't think that it was so much that he didn't think he had a future. I think he was so stuck on proving, quote unquote, that he really won in 2020, that that was where his focus was more than anything. And he really did believe, or at least appeared to believe, he had a real chance of getting reinstated that year in 2021.
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22:39Maggie, then let's look beyond the midterms. Let's say the Democrats do manage to take the Senate as well as the House. Let me ask first of all, how likely you think that is? I always hate making predictions because I'm often wrong and then I'm on tape being wrong. if the climate is today i can see a scenario where the democrats win plus two maybe plus three senate seats um uh there are such individual races in the senate it's a little different the house it is hard to see the republicans holding it's just the margin is the question so i just wonder what you think the next two years will be like if the democrats are in a position where they're chairing committees and they can send out the subpoenas and at least try and compel people to come and testify.
23:31What do you think that's going to be like for the administration? So normally when we get to this point in a lame duck presidency, I can see what will happen after the midterms just with some level of reliability. But I look past this November and it's a black hole because, you know, we've seen administrations not respond to subpoenas before, not just this one, but others. I don't know what it looks like when potentially an entire government slow walks or just ignores subpoenas. And I have every expectation that they will try to delay as much as possible if they engage at all. I think that you will see a lot of subpoenas sent to people outside the White House, but I think those subpoenas will get slow walked too.
24:12And I also think that Democrats can't decide exactly what targets they want to go at right now. And that is a struggle they're having. So explain why you say that, why you're not sure about the Democrats, as in you're not sure how they would use that power if they had it. I think they are not sure how they're going to use that power if they have it. And to be clear, there is a debate right now about whether to try to impeach him again. It would be a third time. There is a real lack of appetite for that at the highest levels of the Democratic leadership because they're concerned that the voters are just going to sort of roll their eyes and think this has been done before.
24:50The chances that Trump gets removed from office are pretty low, even if they get a conviction. And it wouldn't be a two-thirds majority, almost certainly in the Senate. There's a lot of voter anger at government broadly. Many voters feel as if the majority changes and nothing changes for them. And their cost of living is very, very high. The other point that I would just mention, and we say this in the book, we wrote this in the book, reported it. Trump has promised any number of people, you know, he has said that he's going to pardon, you know, anyone who's come within a certain radius of the Oval Office.
Read the full transcript
25:24He changes the footage depending on who he's talking to. He's been saying that for over a year. I expect that will happen. Most people are counting on their pardons who we talked to for this book. It would be quite something to, you know, take the House and the Senate and to have these powers, the congressional powers, and then not use them, the Democrats, I mean, against the man you've told the electorate you are the opposite of and that's why they should vote you in. Right. And this has been the problem for Democrats for the last 10 years is that it's sort of heads Trump wins, tails they lose.
25:58Right. Because it's not completely clear which way they want to go. I think some of them genuinely believe what they say about Trump. I think some of them, you know, think that the messaging goes too far, but it just depends on who you talk to. The subtitle of your first book, Confidence Man, is The Making of Donald Trump and the Breaking of America. Do you think that by the time he leaves office, he will have changed America? And I'm thinking primarily of what we're describing, the way the government works, this pattern that the use of executive orders or the mass use of pardons again. I don't think that we are likely to see another Donald Trump anytime soon, if ever again, because he is sui generis for a lot of reasons, including the celebrity we were talking about.
26:45But this is also the reason that the title regime change exists for Jonathan and my book. We were describing and witnessing a form of regime change in our own country. It's not about Iran. We thought of this title long before the Venezuela raid to capture Maduro earlier this year in Caracas. This is a fundamental reimagining of the U.S. presidency. It has shown that the post-World War II order won't stand. I don't know why any future president in this country would have the trust of European leaders, Democrat or Republican, frankly. It's certainly Republican because I think they'll assume that it's from the same party of Trump unless it's somebody who completely disavows Trump.
27:22And that's not going to be a Republican anytime soon. What you're asking is essentially what levels of pushing the limits does a future president agree to pull back on? Biden actually did on a lot of them, almost all, in fact. And his party was frustrated with him. They want to see a fighter. Expansions of executive power have occurred before, and there have been corrections, obviously, after Nixon in particular. The imperial presidency is a term that was coined in 1973. But it's going to really require a heave of different branches of government to try to institute more formal change for a system that is primarily norms and not laws.
28:01So we'll see. We should go back to the Iran war, which you chart in such detail those days in the run up, including Netanyahu's visit to the Situation Room. But I want to ask you what you're gauging about how bothered Donald Trump is that the war hasn't gone according to plan. Is he ignoring the news? Is he frustrated? I mean, he can't be happy with where things are. No, he's frustrated. You know, he will be very clear with people privately how frustrated he is. He just wants this to end. And it obviously has not gone how he hoped it would. And frankly, every path that they were hoping would get them out has led to some other constraint.
28:43He's definitely frustrated that the war is not over. He thought this was going to be a quick war because he had a feeling because Venezuela had gone quickly, because he thought the Iran regime was a paper tiger based on how they had behaved around the 12-day war. When we speak to people inside the administration, what we hear is they just want to see gas go below$4 by Election Day, and they'll figure out the rest after that. So he is briefed on all these things. It's not that he's in a bubble where he's only on truth social and he's only watching the markets. He does know about these realities.
29:16The unreality bubble doesn't mean that he's not aware of actual reality. It just means it's that he is sticking to his version of reality. But he is briefed. He is told. Now, do people like giving him bad news in this government? Not at all. They didn't in the first one either. And there were always these sort of tricks around how certain pieces of information would be conveyed, especially when they were what Trump would call negative. But he is briefed on how this is going. He does know what the truth is. Does he know how bad his approval ratings are? Absolutely. But again, that's another, you know, reality is what you make it as he projects.
29:54Right. But if he knows, then again, I'm wondering why he's not going all out on the campaign trail. I mean, I know he's not on the ballot, but how Republicans do. That is why. Sorry? That is why. I mean, you just answered your own question. That is why. But how Republicans do is going to reflect on him. He doesn't see it that way. And it's interesting because there was a reason for that for a long time where he would poll somewhat better than the generic Republican brand. I don't think that's the case now. But, you know, he said something last year about how he was either proud or honored that Republicans don't do as well when he's not on the ballot.
30:32He has set up this distance from his own party. And again, going back to that celebrity piece that we've talked about, by a lot of voters, he is viewed as separate from the Republican Party and the brand or the worst of it, quote unquote, in terms of how it polls. He said something, Laura Ingram from Fox asked him at that midterms convention in Dallas last week, you know, are you going to campaign harder than you ever have before? And he just said no. And he made clear that he's not running. This is not, He doesn't see these as his races. She kept presenting him with exactly what you just said.
31:06And he just does not see it that way. Is he even spending much money from that war chest on these candidates? Is that money going out to his favored candidates? It is now, actually. It took a long time, and that was to the frustration of a lot of candidates and people in his party. But there is actually a sizable amount of money going out now. We'll see where it ends up and how much of a difference it makes at this stage. I do think there is an argument to be made that some of the races might shift with this late spending, we'll say. Away from Iran, I'm wondering whether he is engaged at all in other domestic issues beyond, I don't mean inflation, but look at something like AI, where it feels like even before the latest warnings that AI could be existential for us.
31:52There's a lot of voter anger about data centers, especially where they've pushed up electricity prices for people. He seems unmoved by that. He's been asked about it and it doesn't seem to register. I think even more than not registering. I mean, he's made comments that would have been fatal for a politician before about this, that, you know, people want to stay poor if they don't want this. Everybody should want this. It goes to the out of touch thing that we were talking about. Look, the president believes his own instincts are better than any other data that people give him and any other information.
32:26It's why he went into Iran. He told Tucker Carlson, again, we have this in the book, it's going to be OK because it always is. And in his mind, it always is for him. It's just not always OK for other people. But it certainly is not OK right now. But we'll see. Well, that's it. That's it. So does that mean that do you think that that realization on Iran will come to him at some point? Or is it that when it doesn't go his way, there's just a sort of denial attitude? I think there is a denial. First of all, I don't think he's ever going to admit that Iran did not work out the way he wanted it to.
33:00And he has this sort of rubric of can't have a nuclear weapon, can't have a nuclear weapon, which is what he has said over and over again. He has never made a compelling case to the American public about why this war was necessary right now. We'll see if that ever happens. But no, he can't just cut and run from this, which I think is what he would love to be able to do. But there is no way right now. But he'll never admit that it did not go the way he wanted. Regime change ends with the moment you and Jonathan go and see him in the White House for the final interview for the book. And the Iran war, I think, has been running for more than two weeks at that point.
33:36And he has - 17 days. 17 days. And he has pictures of trees, maples, that he's looking at at that moment, like when you come in. It was an interesting moment because Jonathan and I had not been in the Oval Office this term before the gildification of it, the goldification of it. And it really is overwhelming when you walk in. And so he came in from this door that's to his left if he's sitting at the resolute desk, connects to his dining room, private dining room. and you would have thought that there would be maps of the Middle East or briefing books or something related to it on the desk and no he went over the desk and there were trees maple trees I'm picking trees for the White House I pick good trees okay and then after that he showed us some mock-ups of the ballroom you know these are columns that are supposed to be evocative of Athens and these are supposed to be evocative of Rome and how does the width relate to the Supreme Court columns and it was that was a while that was the first several minutes and then you know the work really was sort of the furthest thing from his mind.
34:35But the second question that we asked was about presidential power, because he had been, we knew this, telling people that he was the most powerful U.S. president that there had ever been. And we wanted to see what he would say to us if we put that question to him, and we did. And what happened was he directed Natalie Harp to, he says, very interesting. Natalie, go get the pages from the historian. And she comes back with this two-page document. We each get a copy. The president gets a copy. And the supposition from what he said was a historian was that Donald Trump is the most powerful person who's ever walked the planet.
35:08And then it goes on to list what he describes as the top 10. Hitler, Mao, Stalin, Napoleon, Alexander the Great, the Caesars, Tamerlane, William the Conqueror, Attila the Hun. I mean, this was the list. And he wasn't looking at this from a moral plane. It was that they had power and he has more and that he's willing to use it. And that's what he wanted us to take from this. And because he has the reach of modern technology and the U.S. military, but he is also willing to do things other people are not. And that is certainly true. Now, this was not a historian. It was somebody who had been a volunteer caddy for Gary Player, the golfer.
35:47He's a history buff. But anyway, but it really was, hyperbole aside, the premise of our book, which is that he is, And to your question, remaking the way the U.S. presidency exists. We'll see if anybody else wants to use the power that way. I doubt they will, but we'll see. So actually, judging by that, your subtitle, Inside the Imperial Presidency of Donald Trump, which, you know, when we think about democracy, imperial doesn't have good vibes. But I guess to him, it probably does. Well, he is not somebody who has spent a whole lot of time concerned with human rights or civil rights or small d democracy.
36:25He likes the idea of doing things fast and by fiat. And that's part of why pardons are an action that he loves. They are quick and unilateral and the recipient owes him. So no, I don't think Imperial bothers him especially. It bothers people around him, but it doesn't bother him. What has surprised you, Maggie, let's say in this year or even since the start of this presidency? What are the moments which you really, when someone told you, were just jaw-dropping? I don't even know how to answer that. I think what I didn't envision in all seriousness was the de facto co-presidency of Elon Musk, because that really did stymie the administration for the first several months.
37:06And I think we make that clear in the book. Doge just was a failure. It just didn't work. The fact that the GOP Congress has acted like an arm of the executive branch has been pretty shocking in a way I've never seen before in my lifetime. That is the difference. I talked to Elon Musk for quite a long interview on a stage when he was still running Doge, actually, but not long before he decided that he'd had enough. And I think he really didn't like being asked questions about how that was going because it probably was, I hazard a guess, harder than he imagined it was going to be to make a difference there.
37:47Correct. Do you think that the Democrats, if they get subpoena powers, might subpoena people like him, like Elon Musk? Oh, 100 percent. I mean, people have privately told me that that's what they plan to do. Again, what they say they plan to do and what they will do can sometimes be different. But I do think that they will. I think the question becomes what they think they can accomplish doing this within a short amount of time. Because remember, part of why the investigation into what happened on January 6th, 2021, and Trump's efforts to stay in power, part of why it went the way it did, the House committee actually really got a ton of information.
38:23But it was not a perfect investigation, in part because they knew they only had two years and the House was likely to flip. So I think you're going to have potentially the same thing here. And I think that might impact what they do and who they look at. But I do think that Musk and Doge are going to be topics. Can I bring it back to you, Maggie, before we let you go? And that is to ask what work like this takes out of you. I've heard both you and Jonathan say that this book has taken everything out of you. The book nearly killed us. Yeah, he said no more books, which would be a shame. But for you, when the phone rings, you have to take it.
39:04I know you've got a husband and three children. I've seen your acknowledgements. So does Jonathan. So can you carry on at this pace? Yeah, I mean, sure. I'm 52. I've been doing this. I'm turning 53 in a few weeks. I've done this pace for a very long time. There's a bit of wear and tear on the bike at this point. I can't run quite as hard as I used to. I also just the thing that has sort of, that's been interesting as a parent of older children and one soon to be adult child, a little legal to drink child, I should say, is their needs are very different and actually more expansive at this age. So that's been my moderating force.
39:44I have one speed, and that's both good and bad. But that said, I will say this term does not have the same level of constant pedal, in part because he's not on Twitter X anymore. And his truth social feed exists in something of a void, and it's mostly him posting memes at this point, you know, and AI slop instead of declarations. That helps. It's a good reality check that you're saying is actually a little bit calmer than it was before. Correct. It's more intense, but it is calmer separately. I follow you. Are you a political junkie? Do you love it? Do you get a kick out of this? No, I'll kick is the wrong word.
40:29I mean, I am a massive consumer of political news and how politics impacts the country, but because it's how it impacts people, not as a game. I think that Twitter slash X slash social media have been among the worst things that happened to journalism collectively. On the one hand, elevated voices who were often not able to be heard in newsrooms, but also just all of us, and I take full responsibility for this on my own front, just did things on Twitter or social media we just never should be having conversations about because we're not sitting in a newsroom. But I raise that to just say that I think that a lot of people have come away thinking reporters think this is all a game.
41:08And I think some reporters do think it's a game. I don't. my definitional experience as a reporter was 9-11. And I was six blocks or so from the second tower when it fell and had to run up 6th Avenue and, as I said, spent several years covering rebuilding. And I think this country and the world, but this country, have gone through a series of national traumas ever since. And so I don't get a kick out of it. It's just what I know how to do. Maggie Haberman. We'll let you go to make the next set of calls or take the next set of calls, whoever they're going to be from. Thank you. Thank you very much for talking to us.
41:45Of course. Thanks for having me.
41:52And that's where we left it, with my imagination running wild about whose numbers she has stored in her phone. Maggie's book is called Regime Change, and as she mentioned, it was co-authored with Jonathan Swan. The copy I have really is peppered with Post-its. And if you want to listen back to how I referenced it talking to Tucker Carlson, that episode is linked in the show notes. Speaking of notes, and hopefully you know this already, you can read mine on this episode and all the previous ones if you are a Bloomberg subscriber. Go to Bloomberg.com forward slash Michelle. And so to the team, the producers are Jessica Beck and Chris Martlou.
42:32The video, because you can watch every conversation in full, is produced and edited by Andy Haywood. Our guest booking is by Elan Bird. Music by Bart Warshaw. And this week, John Canfield was running the studio and Sam Gould is looking after social media. The executive producer is Louisa Lewis. At Bloomberg Weekend, thanks to Brendan Francis Newnham and our executive editor, Catherine Bell. And of course, to you for listening. The next episode is next week. We reveal who it is on a Wednesday on my social media and the episode drops on Friday. I hope you'll come back for it. For now, goodbye.
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From the publisher
Few journalists have watched Donald Trump as closely or for as long as Maggie Haberman.
The New York Times reporter first encountered him as a tabloid fixture in the 1990s and has since chronicled his ascent to the White House, the period between his presidencies and the transformation of the office itself.
Her book, Regime Change: Inside the Imperial Presidency of Donald Trump, written with Jonathan Swan, examines the Republican’s second term through the first weeks of the US-Israel war with Iran.
In this conversation with Mishal Husain, Haberman looks ahead to the US midterm elections. She discusses Trump’s “unreality bubble,” his attitude to the war, his complex relationship with Vice President JD Vance and why she sees a “black hole” ahead.
Read Mishal’s notes and reflections on this conversation https://www.bloomberg.com/mishal
Listen to Mishal’s interview with Tucker Carlson
Contact The Mishal Husain Show mishalshow@bloomberg.net
Subscribe today on Apple Podcasts and Spotify.
See omnystudio.com/listener for privacy information.




