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CC-Transcript

  • 00:00EMILY: AMAZON IS FACING MORE PUCKBACK ON ITS EXPANSION. TWO SEATTLE CITY COUNCIL MEMBERS ARE URGING OFFICIALS IN NEW YORK TO HOLD THE TECH GIANT ACCOUNTABLE AS IT MOVES FORWARD WITH ITS HQ 2 PLANS. SPENCER JOINS US FROM SEATTLE. THESE TWO SEATTLE LAWMAKERS TRAVELING TO NEW YORK TO EXPRESS THESE CONCERNS? SPENCER: YEAH, THAT ' S WHAT JUMPED OUT AT US TOO. IT ' S NOT SOMETHING YOU SEE EVERY DAY. SO WHAT YOU HAVE HERE ARE TWO SEATTLE CITY COUNCIL MEMBERS WARNING ABOUT THINGS LIKE -- ESSENTIALLY PEOPLE GETTING SQUEEZED OUT. THEY ' RE WARNING NEW YORK LAWMAKERS TO PREPARE FOR THE AFFORDABLE HOUSING CRUNCH, TO PREPARE FOR TRANSIT PROBLEMS, PREPARE FOR HOMELESSNESS AND MAKE SURE AMAZON IS PAYING ITS FAIR SHARE TO ADDRESS THOSE ISSUES. EMILY: AS I UNDERSTAND IT THE DEAL IS DONE. COULD THE DONE. COULD THE TERMS OF THE DEAL CHANGE AS A RESULT OF THESE PROTESTS AND PUSHBACK? SPENCER: THAT ' S WHERE IT GETS MURKY. LET ' S THINK ABOUT HOW THIS WAS STRUCTURED. AMAZON NEGOTIATED DIRECTLY WITH THE GOVERNOR OF NEW YORK AND NEW YORK CITY MAYOR SO A LOT OF THESE OTHERS MAKING NOISE WERE LEFT OUT SO NOW THEY ' RE LOOKING FOR ANY MEANS NECESSARY THAT THEY CAN SLOW IT DOWN, INFLUENCE IT. I DON ' T THINK ANYONE SEEMS TO THINK THEY ' RE GOING TO COMPLETELY STOP THIS THING. THEY MIGHT LIMIT SOME OF THE FUNDING AMAZON GETS FROM THE STATE OR BASICALLY GET SOME ASHURRONS FROM AMAZON PUT ON THE TABLE. THEY CAN FILE LAWSUITS TO SLOW IT DOWN, GO TO SOME OF THESE APPOINTED POLITICAL BODIES THAT STILL HAVE A APPROVE PART OF THIS PROCESS. THERE ARE SOME THINGS THEY CAN DO.
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Seattle City Council Members Deliver Cautionary Message About Amazon HQ2

  • Bloomberg Technology

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January 8th, 2019, 12:07 AM GMT+0000

Two politicians from Amazon.com Inc.’s hometown traveled across the country to New York to deliver a cautionary message about the company’s expansion in the city. Bloomberg's Spencer Soper has more on "Bloomberg Technology." (Source: Bloomberg)


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