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Pelosi calls for Trump’s removal through 25th Amendment

Yahoo Finance’s Alexis Christoforous, Jessica Smith, Rick Newman and Andy Serwer discuss Pelosi's calls to remove Trump from office.

Video Transcript

ALEXIS CHRISTOFOROUS: I want to check in, though, with our Washington correspondent, Jessica Smith, who has been listening in on House Speaker Nancy Pelosi's press conference. Oddly enough, she was holding her press conference at the same time President-Elect Joe Biden was speaking, so not too sure on the timing there.

But, Jess, I understand from some headlines I'm seeing come over that Pelosi, too, is adding her voice to the chorus of folks asking for Vice President Pence to invoke the 25th Amendment and to remove President Trump from office immediately. What else can you tell us?

JESSICA SMITH: Yes, she is calling for the 25th Amendment to be invoked. She says that the president incited sedition yesterday and incited an armed insurrection against America. She said it is an urgent matter, an emergency of the highest magnitude. She says she knows that there are only a few days, really, left of the Trump presidency. But she says any day could be a horror show.

So she is calling for the Cabinet and the vice president to use the 25th Amendment to remove him from office. And she said if that doesn't happen, there's a chance that Congress could move forward with impeachment. That's also what we've heard from the Democratic leader in the Senate. He said the same thing, that President Trump needs to be removed immediately in light of all the events yesterday. We are going to keep listening to Speaker Pelosi as she talks to reporters. And we'll keep you updated on what else she has to say.

ALEXIS CHRISTOFOROUS: All right, thanks a lot, Jess. I want to get reaction from our editor-in-chief, Andy Serwer, and senior columnist, Rick Newman. So, Andy, how likely is it? I mean, he has 13 days left in office. Would removing him now be more symbolic than anything else?

ANDY SERWER: Well, for sure. I mean, I don't totally disagree with Nancy Pelosi that on any given day, anything can happen with President Trump in office. I don't-- I get the feeling that while you can make a very strong case that President Trump is unfit for office in light-- and particularly, in light-- of what happened yesterday, I just get the feeling that there is not the political capital for this to happen.

And you go back to those numbers. OK, sure, you had Lindsey Graham and Paul Rand, and you had Kelly Loeffler in the Senate sort of switching sides with the objection last night. I don't think they're going to vote to impeach President Trump, though. I mean, these are all matters of degree. And I just don't think that the Democrats are going to have the numbers. And the clock's going to run out very quickly. Congress, the people are scattered to the winds. I just don't see it happening.

RICK NEWMAN: Andy--

ALEXIS CHRISTOFOROUS: Rick, where does--

RICK NEWMAN: --I agree with you. And I would add one other point, which is, so what we're seeing now is that the members of the Cabinet or senior people in the Trump administration who seem to object to what has happened the most, they're not sticking around to remove Trump through the 25th Amendment. They're resigning. So who does that leave? That leaves Cabinet members who are more loyal to Trump and are less inclined to do this thing with the 25th.

So I think you're right. I think Trump is going to stay in office until the-- until January 20th. And look, we can only hope that he understands, at this point, that he has so marginalized himself that he has no institutional support left from the Republican Party. He has fringe radical Republicans still supporting him. But the party itself seems to be basically fracturing in two.

And he does not-- he has lost so much support from the GOP just within the last 24 hours, really, that he can't do very much. But look, he's still-- he clearly has made the choice to burn the house down on the way out. And I think Nancy Pelosi is right that he remains dangerous.

ALEXIS CHRISTOFOROUS: And that shall be his legacy. Rick Newman, Andy Serwer, thanks so much.