February 21, 2025 • 17 mins
On today's podcast:
1) President Trump urges Republican governors to embrace his agenda as he reshapes Washington
President Donald Trump told Republican governors that implementing his agenda was key to their own political futures, arguing that embracing it could mitigate or even prevent losses in the midterm elections. Trump reiterated his agenda to key allies in the states ahead of crucial gubernatorial races in Virginia and New Jersey later this year, and in three dozen other states next year.
2) Israel warns Hamas over a murdered hostage it says was misidentified
Israel announced that a body returned as part of a ceasefire agreement with Hamas was not that of Shiri Bibas, a young mother taken hostage in October 2023.The remains of Shiri's two sons, Ariel and Kfir, were returned and identified, with the IDF stating that they were "brutally murdered by terrorists in captivity in November 2023."
3) New York Governor Hochul said she doesn't plan to remove New York City Mayor Eric Adams
Governor Kathy Hochul plans to establish "guardrails" on the Adams administration, including creating a state-level deputy inspector general for New York City and giving more legal power to non-mayoral officials. Hochul does not plan to remove Mayor Eric Adams for now, citing the will of the voters and the supremacy of democratic elections.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow.
Speaker 3 (00:13):
Here are the stories we're following today.
Speaker 2 (00:15):
Karen, we begin in Washington, where President Trump continues to
push for broader control of the federal government. The President
pushed his agenda in a speech last night to the
Republican Governors Association to.
Speaker 4 (00:27):
Protect American workers and bring billions of dollars into our treasury.
Speaker 5 (00:31):
We we're in the process.
Speaker 4 (00:32):
Of opposing reciprocal tariffs on any nation that tries to
cheat us or still our jobs.
Speaker 2 (00:38):
The President told the governors they would do better in
upcoming midterm elections if they embrace his agenda. Republicans currently
have slim majorities in both the House and Senate. President
Trump also threatened to cut funds to Maine if that
state allows transgender people to play women's sports.
Speaker 4 (00:55):
Is anybody here from Maine, ah who is a.
Speaker 6 (01:01):
Said the governor.
Speaker 4 (01:03):
That's well, I hate to tell you this, but we're
not going to give many federal money. They are still
saying that we want men to play in women's sports,
and I cannot believe that they're doing that.
Speaker 2 (01:14):
President Trump's comments came after a Republican lawmaker and main
posted a photo of a female high school athlete who
she said was transgender. That picture has been shared widely
and picked up by conservative media.
Speaker 3 (01:25):
Meanwhile, Nathan the President continues to make rapid moves to
reshape the federal government. According to The Washington Post, the
President is planning an executive order this week to fire
the board at the US Postal Service and fold the
agency into the Commerce Department and Secretary Howard Lutnik. The
report says the board is prepared to sue if the
President threatens its independence. Bloomberg News meanwhile has learned a
(01:47):
staffer with Elon Musk's Department of Government Efficiency who has
fired over racist social media posts, is now back at
the Social Security Administration. Marco Ellas had received support from Trump,
Musk and Vice President JD. Vance, and thousands of IRS
employees reported to working yesterday expecting an email telling them
they were being placed on leave, but a technical glitch
(02:10):
kept many of those emails from arriving. Those workers are
getting paper copies of their termination letters instead.
Speaker 2 (02:17):
Karen now I turned to the latest on the war
in Ukraine. The US s has sanctions on Russia are
on the negotiating table and talks to end the war.
Treasury Secretary Scott Besson says the White House is prepared
to either ramp up or ease penalties on Moscow as
negotiations progress. He also continued the administration's criticism of Ukraine's
President Vladimir Zlenski.
Speaker 7 (02:38):
I think President Vilensky unfortunately escalated and has put some
daylight between the escalator that a lot of his remarks
in Munich I thought were inappropriate. President Zelenski, when I
met with him, assured me that he'd be the signing
(02:58):
the minerals deal Inmmune.
Speaker 6 (03:00):
He has not.
Speaker 2 (03:02):
Treasury Secretary Beset spoke with Anne Marie Hordern there on
Bloomberg's surveillance. America's change in tone on Ukraine has affected
talks among the Group of Seven nations. Countries are struggling
to agree on a draft community marking three years since
Russia's invasion. The US is objecting to references to Russia's
war of aggression.
Speaker 3 (03:22):
Well in the Middle East, Nathan Israel's military says Hamas
has violated the Gaza ceasefire deal by handing over an
anonymous body instead of one of the hostages. The IDF
said the remains they were given were not those of
Shiri Bibas, who has captured alongside her two sons. In
the October seventh the TEXX. Here's Israeli Prime Minister Benjamin Atanya,
who's speaking through an interpreter.
Speaker 1 (03:43):
We will work with determination to bring Shiry home together
with all the hostages, both living and dead, and ensure
that Tamas pays the full price for this cruel and
malicious violation of the agreement.
Speaker 3 (03:56):
Israeli Prime Minister Benjamin Atinnyahu Ojamas is due to free
six living hostages tomorrow, accelerating the original plan of a
staggered return across two weeks.
Speaker 2 (04:08):
Well I returned to the US Karen to get the
latest on the political future of New York City Mayor
Eric Adams. Governor Kathy Hulkel is not removing him from
office for now. We get more from Bloomberg's Ed Coleggi
in Manhattan.
Speaker 8 (04:21):
Governor Hulkel made her announcement Thursday afternoon.
Speaker 9 (04:24):
After careful consideration, I have determined that I will not
commence removal proceedings at this time. My strong belief is
that the will of the voters and the supremacy and
sanctity of democratic elections preclude.
Speaker 5 (04:35):
Me from any other action.
Speaker 8 (04:37):
Calls for Adams to leave office intensified after a top
official at President Trump's Justice Department directed federal prosecutors in
Manhattan to drop their pending bribery case against the mayor.
Critics say the directive was a quid pro quo in
exchange for the Mayor's assistance in helping facilitate Trump's crackdown
on migrants. At Kleeggi Bloomberg.
Speaker 3 (04:55):
Radio, all right and thank you what We turned to
the markets now and futures are a little changed. Following
yesterday's losses on Wall Street, the down dropped one percent
this morning. Stocks in Asia are leading gains. Hong Kong's
Hang Saying index jumped four percent and stocks in China
gained one and a quarter percent on the back of
strong earnings from Ali Baba.
Speaker 2 (05:14):
One stock with big gains in Asia this morning karen
Is Nissan. Those shares are driving higher by nine and
a half percent this morning. The Financial Times is reporting
a high level Japanese group has drawn up plans to
seek investment from Elon Musk's Tesla. The paper says the
group thinks the electric vehicle maker is interested in acquiring
Nissan's plants in the US.
Speaker 3 (05:35):
Well on Wall Street. Nathan City Group is changing course
on its DEI goals, and we get that story with
Bloomberry's Charlie Pellett.
Speaker 5 (05:43):
It cites pressure from the Trump administration. In a memo
to staff from CEO Jane Fraser seen by Bloomberg News,
the bank will no longer have quote aspirational representation goals
except as required by local law, and it will abandon
a polse for diverse and candidates and interview panels. It
will also rename its Diversity, Equity and Inclusion and Talent
(06:06):
Management team to Talent Management and Engagement in New York.
Charlie Pellett, Bloomberg Radio.
Speaker 2 (06:13):
All right, Charlie, thank you. Meanwhile, Coca Cola is warning
of potential negative impacts from DEI changes. The soft drink
giant says policies that could lead to a less diverse
global workforce pose a potential risk to its business going forward.
Rival PepsiCo, which is also a federal contractor, has joined
a number of other companies in dropping DEI programs. That
(06:34):
includes cutting staff, representation targets and expanding its supplier diversity program.
Speaker 3 (06:44):
It's time now for a look at some of the
other stories making news in New York and around the world,
and for that we're joined by Bloomberg's John Tunker. John,
Good morning, and.
Speaker 10 (06:51):
Good morning, Karen. New Poll numbers are out on the
Trump presidency. Washington Post IPSOS poll has Trump's approval rating
at forty five percent. Fifty three percent of Americans disapproving.
Fifty seven percent say the president has exceeded his authority
since taking office. The Senate has narrowly confirmed Cash Battel
to lead the FBI.
Speaker 11 (07:12):
The yea's are fifty one, the nays are forty nine.
Speaker 5 (07:17):
The confirmation is confirmed.
Speaker 10 (07:18):
Senator Susan Collins of Maine and Lisa Murkowski of Alaska
were the two Republicans to vote no, in a split
that otherwise fell along party lines. Mattilla's found to steer
the MPI toward its traditional crime fighting role. Critics are
concerned they'll use the role to seek political retribution. On
his eighty third birthday, GOP Senator Mitch McConnell of Kentucky,
(07:40):
the former majority leader, confirmed he'll not seek re election.
Representing our Commonwealth has been the honor of a lifetime.
McConnell was the longest serving Senate Party leader in American history.
When he relinquished his leadership post at the start of
the year, his tradition brand of conservatism was overtaken by
(08:02):
Donald Trump's populism. Elon muss recommends taking the International Space
Station out of orbit. He wants to do it within
two years instead of the current five year target. Musk
argues on social media that the ISS has served its purpose.
Dozens of major news organizations, including some conservative outlets, urging
(08:22):
the Trump administration to stop blocking the Associated Press from
press events. The White House has said it's blocking reporters
from the news service because the outlet refers to the
Gulf of Mexico in its articles, rather than the Gulf
of America, as decreed by President Trump. Global News twenty
four hours a day and whenever you want it with
Bloomberg News Now. I'm John Tucker, and this is Bloomberg Karen.
Speaker 3 (08:47):
All right, John, thank you time now for the Bloomberg
Sports outdate, brought to you by Tri State Audi. Here's
Dan Schwarzman.
Speaker 12 (08:58):
Dan, good morning, Good morning, Kenon Nathan, And if you
stayed up late, you saw Canada to take home the
winning overtime knocking off the US in the final of
the Four Nations Face Off tournament in Boston, as Oilers
star Conny McDavid wins it for Canada.
Speaker 6 (09:11):
Verry P mcd stars.
Speaker 3 (09:14):
David. Who's that for?
Speaker 12 (09:19):
That's courtis CVSPN. The game was a seesaw battle through
the first two periods. Canada had taken an early one
nothing lead before the US tied it up late in
that first period to send the game into the first intermission.
Tied it one, the US then taking the lead seven
minutes into the second period, before Canada scored seven minutes
later to tie the game up at two. After no
goals were scored in the third period, McDavid winning it
(09:40):
in thrilling fashion. McDavid afterwards talking about the significance of
the win.
Speaker 6 (09:45):
Obviously, it means lots of our group.
Speaker 13 (09:47):
You know, I think a lot of people were wondering
if you know what this tournament would mean to guys,
and obviously.
Speaker 6 (09:52):
You can see what it means to everyone on our side.
Speaker 7 (09:55):
It was, yeah, really exciting.
Speaker 12 (09:58):
That's Connor McDavid. Thirty five years. Major League Baseball and
ESPN are ending their broadcast relationship. At the end of
the twenty twenty five season, ESPN had scaled down its
baseball coverage in the last contract to just thirty games
this year, as well as the Wildcard round of the
playoffs and the All Star Home Run Derby in ten
preseason games. The San Antonio Spurs have shut down big
(10:18):
man Victor Wembanyama for the rest of the season due
to deep vein thrombosis in his right shoulder. The team
is optimistic that the twenty one year old will make
a full recovery in time for next year. Seven time
First Team All Pro guard Zach Martin and the Dallas
Cowboys announcing his retirement from the game. The nine time
pro bowler only accumulated seven accepted holding penalties in his
(10:39):
entire career. That's your Bloomberg Sports Update. I'm Dan Schwartzman,
Karen and Nathan.
Speaker 1 (10:46):
Coast to Coast on Bloomberg Radio nationwide on Serious Exam
and around the world on Bloomberg dot Com and the
Bloomberg Business app.
Speaker 6 (10:54):
This is Bloomberg Daybreak.
Speaker 5 (10:56):
Good morning.
Speaker 2 (10:57):
I'm Nathan Hager. Israel Is expressed outrage after Hamas returned
the bodies of four hostages taken in the October seventh attack.
Prime Minister Benjamin Netanyaho is leading the national mourning cold Bite.
Speaker 11 (11:10):
Sam Today, every home in Israel bows its head, We
bow our heads over the heavy loss of four of
our hostages. We all feel pain mixed with rage. We
are all outraged at the Hamas monsters.
Speaker 2 (11:23):
Prime Minister Natan Yaho spoke there through an interpreter, and
now Israel is saying one of those victims Hamas says
it returned yesterday, thirty three year old mother, Shiri Beeboss,
was not actually her, and Neta Yaho is calling that
a cruel and malicious violation of the ceasefire. Joining us
now from Tel Aviv is Bloomberg News Israel Bureau Chief
Ethan Bronner, and Ethan, I know that Sheri Beboss and
(11:46):
her two little boys are becoming almost a national symbol
in Israel. To find out that the little boys were
returned but their mother was not, it is really difficult
to imagine what the what the feeling is in Israel
right now.
Speaker 6 (11:59):
Good morning, good morning. You're right.
Speaker 13 (12:03):
There's something else worth insisting on right up front too.
It's not just what the little boys were returned, but
that they actually have been murdered in captivity based on forensics.
That's what the Israelis have discovered, as did the eighty
three year old.
Speaker 6 (12:16):
Oh did liftshit?
Speaker 13 (12:17):
So we were in this rather ghoulish ceremony yesterday w
they returned the foreign coffins with big posters, insisting that
they had all been murdered by Israeli war plagues in
an attack and they were now kindly returning them.
Speaker 6 (12:35):
It turned out that they're not returning all of them.
Speaker 13 (12:38):
The mother is not there and the other three were
killed by them in captivity.
Speaker 6 (12:43):
So it's very very angry Israel today.
Speaker 14 (12:46):
You're absolutely right, So what does this mean going forward?
Were in the later stages of a first phase of
a cease fire. President Trump has talked about letting all
help break out. If all the hostages aren't returned soon,
it must feel like things are on a real precipice here.
Speaker 6 (13:07):
They do they do? There is in theory?
Speaker 13 (13:11):
Well we have so tomorrow's Saturday, there do six more
living hostages or do out in exchange for several hundred
Palestinian prisoners will be released.
Speaker 6 (13:21):
That seems likely to go forward.
Speaker 13 (13:24):
I think the Israelis are going to make an effort
to get a few more living hostages out, But I
think you're right that the likelihood of there being an
actual permanencies far is very low at the moment.
Speaker 6 (13:36):
In theory. These negotiations are starting next week.
Speaker 2 (13:41):
In terms of the negotiations, where do they stand right
now and what is the Israeli military doing. Are they
preparing to go back into Gaza.
Speaker 13 (13:51):
They are, They've movedchs near the border, and they've also
started fairly intense activities in the northern part of the
world West Bank, because there were also bus bombs that
went off that didn't kill anyone but just by luck
south of Tel Aviv, in the towns of Batyam and Falone,
And so there is a general sense, I would say,
(14:15):
in the Israeli government that it's very important that they
take a very tough line against all Palaestitian militantism.
Speaker 6 (14:22):
Now.
Speaker 13 (14:23):
At the same time, we have in the Arab world
a desire to try to come up with a plan
to rebuild Gaza and preserve the possibility of a Palestinian state.
Speaker 6 (14:32):
So I think there's very strong conflict.
Speaker 13 (14:35):
Underway because Israel does not want to see a Palestinian state.
And I don't know where the Trump administration will come
out on that, but it's a little hard to imagine
that the two very distinct goals, Israel's desire to end
any palis Citian sovereignty and the West of the region's
desire to preserve.
Speaker 6 (14:55):
It is going to end.
Speaker 2 (14:57):
Well, it's difficult to they're being much support on the
US side for the possibility of a Palestinian state. When
President Trump has talked about the US taking over gas
and redeveloping it, is that something that's still under consideration.
Where does that factor in when it comes to what's
been going on with the hostage exchanges. We've only got
(15:20):
about a minute left, sure, So I.
Speaker 6 (15:22):
Mean, I don't know. I think there's always a.
Speaker 13 (15:24):
Great mystery around what the Trump administration wants to do
and the gap between.
Speaker 6 (15:28):
What it says and that it says the next day.
So I don't know.
Speaker 13 (15:32):
It doesn't feel I think Trump administration is particularly interested
in Palestinian state. On the other hand, the Saladies don't
want to move forward with the normalization unless there is
a Palestinian state on the horizon, and that normalization does
seem important to the Americans. And so that's why there's
still some lack of clarity about.
Speaker 6 (15:50):
Where we're headed.
Speaker 13 (15:51):
But I would agree with you if I had to bet,
they probably side with the Israeli government against a Palestinian state.
Speaker 3 (15:57):
This is Bloomberry Daybreak, your morning pond podcast on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (16:04):
Look for us on your podcast feed by six am
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Speaker 3 (16:10):
You can also listen live each morning starting at five
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Speaker 2 (16:25):
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Speaker 3 (16:31):
And don't forget to subscribe to Bloomberg News Now. It's
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Speaker 2 (16:44):
And I'm Nathan Hager. Join us again tomorrow morning for
all the news you need to start your day right
here on Bloomberg.
Speaker 10 (16:49):
Dabray
Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow.
Speaker 3 (00:13):
Here are the stories we're following today.
Speaker 2 (00:15):
Karen, we begin in Washington, where President Trump continues to
push for broader control of the federal government. The President
pushed his agenda in a speech last night to the
Republican Governors Association to.
Speaker 4 (00:27):
Protect American workers and bring billions of dollars into our treasury.
Speaker 5 (00:31):
We we're in the process.
Speaker 4 (00:32):
Of opposing reciprocal tariffs on any nation that tries to
cheat us or still our jobs.
Speaker 2 (00:38):
The President told the governors they would do better in
upcoming midterm elections if they embrace his agenda. Republicans currently
have slim majorities in both the House and Senate. President
Trump also threatened to cut funds to Maine if that
state allows transgender people to play women's sports.
Speaker 4 (00:55):
Is anybody here from Maine, ah who is a.
Speaker 6 (01:01):
Said the governor.
Speaker 4 (01:03):
That's well, I hate to tell you this, but we're
not going to give many federal money. They are still
saying that we want men to play in women's sports,
and I cannot believe that they're doing that.
Speaker 2 (01:14):
President Trump's comments came after a Republican lawmaker and main
posted a photo of a female high school athlete who
she said was transgender. That picture has been shared widely
and picked up by conservative media.
Speaker 3 (01:25):
Meanwhile, Nathan the President continues to make rapid moves to
reshape the federal government. According to The Washington Post, the
President is planning an executive order this week to fire
the board at the US Postal Service and fold the
agency into the Commerce Department and Secretary Howard Lutnik. The
report says the board is prepared to sue if the
President threatens its independence. Bloomberg News meanwhile has learned a
(01:47):
staffer with Elon Musk's Department of Government Efficiency who has
fired over racist social media posts, is now back at
the Social Security Administration. Marco Ellas had received support from Trump,
Musk and Vice President JD. Vance, and thousands of IRS
employees reported to working yesterday expecting an email telling them
they were being placed on leave, but a technical glitch
(02:10):
kept many of those emails from arriving. Those workers are
getting paper copies of their termination letters instead.
Speaker 2 (02:17):
Karen now I turned to the latest on the war
in Ukraine. The US s has sanctions on Russia are
on the negotiating table and talks to end the war.
Treasury Secretary Scott Besson says the White House is prepared
to either ramp up or ease penalties on Moscow as
negotiations progress. He also continued the administration's criticism of Ukraine's
President Vladimir Zlenski.
Speaker 7 (02:38):
I think President Vilensky unfortunately escalated and has put some
daylight between the escalator that a lot of his remarks
in Munich I thought were inappropriate. President Zelenski, when I
met with him, assured me that he'd be the signing
(02:58):
the minerals deal Inmmune.
Speaker 6 (03:00):
He has not.
Speaker 2 (03:02):
Treasury Secretary Beset spoke with Anne Marie Hordern there on
Bloomberg's surveillance. America's change in tone on Ukraine has affected
talks among the Group of Seven nations. Countries are struggling
to agree on a draft community marking three years since
Russia's invasion. The US is objecting to references to Russia's
war of aggression.
Speaker 3 (03:22):
Well in the Middle East, Nathan Israel's military says Hamas
has violated the Gaza ceasefire deal by handing over an
anonymous body instead of one of the hostages. The IDF
said the remains they were given were not those of
Shiri Bibas, who has captured alongside her two sons. In
the October seventh the TEXX. Here's Israeli Prime Minister Benjamin Atanya,
who's speaking through an interpreter.
Speaker 1 (03:43):
We will work with determination to bring Shiry home together
with all the hostages, both living and dead, and ensure
that Tamas pays the full price for this cruel and
malicious violation of the agreement.
Speaker 3 (03:56):
Israeli Prime Minister Benjamin Atinnyahu Ojamas is due to free
six living hostages tomorrow, accelerating the original plan of a
staggered return across two weeks.
Speaker 2 (04:08):
Well I returned to the US Karen to get the
latest on the political future of New York City Mayor
Eric Adams. Governor Kathy Hulkel is not removing him from
office for now. We get more from Bloomberg's Ed Coleggi
in Manhattan.
Speaker 8 (04:21):
Governor Hulkel made her announcement Thursday afternoon.
Speaker 9 (04:24):
After careful consideration, I have determined that I will not
commence removal proceedings at this time. My strong belief is
that the will of the voters and the supremacy and
sanctity of democratic elections preclude.
Speaker 5 (04:35):
Me from any other action.
Speaker 8 (04:37):
Calls for Adams to leave office intensified after a top
official at President Trump's Justice Department directed federal prosecutors in
Manhattan to drop their pending bribery case against the mayor.
Critics say the directive was a quid pro quo in
exchange for the Mayor's assistance in helping facilitate Trump's crackdown
on migrants. At Kleeggi Bloomberg.
Speaker 3 (04:55):
Radio, all right and thank you what We turned to
the markets now and futures are a little changed. Following
yesterday's losses on Wall Street, the down dropped one percent
this morning. Stocks in Asia are leading gains. Hong Kong's
Hang Saying index jumped four percent and stocks in China
gained one and a quarter percent on the back of
strong earnings from Ali Baba.
Speaker 2 (05:14):
One stock with big gains in Asia this morning karen
Is Nissan. Those shares are driving higher by nine and
a half percent this morning. The Financial Times is reporting
a high level Japanese group has drawn up plans to
seek investment from Elon Musk's Tesla. The paper says the
group thinks the electric vehicle maker is interested in acquiring
Nissan's plants in the US.
Speaker 3 (05:35):
Well on Wall Street. Nathan City Group is changing course
on its DEI goals, and we get that story with
Bloomberry's Charlie Pellett.
Speaker 5 (05:43):
It cites pressure from the Trump administration. In a memo
to staff from CEO Jane Fraser seen by Bloomberg News,
the bank will no longer have quote aspirational representation goals
except as required by local law, and it will abandon
a polse for diverse and candidates and interview panels. It
will also rename its Diversity, Equity and Inclusion and Talent
(06:06):
Management team to Talent Management and Engagement in New York.
Charlie Pellett, Bloomberg Radio.
Speaker 2 (06:13):
All right, Charlie, thank you. Meanwhile, Coca Cola is warning
of potential negative impacts from DEI changes. The soft drink
giant says policies that could lead to a less diverse
global workforce pose a potential risk to its business going forward.
Rival PepsiCo, which is also a federal contractor, has joined
a number of other companies in dropping DEI programs. That
(06:34):
includes cutting staff, representation targets and expanding its supplier diversity program.
Speaker 3 (06:44):
It's time now for a look at some of the
other stories making news in New York and around the world,
and for that we're joined by Bloomberg's John Tunker. John,
Good morning, and.
Speaker 10 (06:51):
Good morning, Karen. New Poll numbers are out on the
Trump presidency. Washington Post IPSOS poll has Trump's approval rating
at forty five percent. Fifty three percent of Americans disapproving.
Fifty seven percent say the president has exceeded his authority
since taking office. The Senate has narrowly confirmed Cash Battel
to lead the FBI.
Speaker 11 (07:12):
The yea's are fifty one, the nays are forty nine.
Speaker 5 (07:17):
The confirmation is confirmed.
Speaker 10 (07:18):
Senator Susan Collins of Maine and Lisa Murkowski of Alaska
were the two Republicans to vote no, in a split
that otherwise fell along party lines. Mattilla's found to steer
the MPI toward its traditional crime fighting role. Critics are
concerned they'll use the role to seek political retribution. On
his eighty third birthday, GOP Senator Mitch McConnell of Kentucky,
(07:40):
the former majority leader, confirmed he'll not seek re election.
Representing our Commonwealth has been the honor of a lifetime.
McConnell was the longest serving Senate Party leader in American history.
When he relinquished his leadership post at the start of
the year, his tradition brand of conservatism was overtaken by
(08:02):
Donald Trump's populism. Elon muss recommends taking the International Space
Station out of orbit. He wants to do it within
two years instead of the current five year target. Musk
argues on social media that the ISS has served its purpose.
Dozens of major news organizations, including some conservative outlets, urging
(08:22):
the Trump administration to stop blocking the Associated Press from
press events. The White House has said it's blocking reporters
from the news service because the outlet refers to the
Gulf of Mexico in its articles, rather than the Gulf
of America, as decreed by President Trump. Global News twenty
four hours a day and whenever you want it with
Bloomberg News Now. I'm John Tucker, and this is Bloomberg Karen.
Speaker 3 (08:47):
All right, John, thank you time now for the Bloomberg
Sports outdate, brought to you by Tri State Audi. Here's
Dan Schwarzman.
Speaker 12 (08:58):
Dan, good morning, Good morning, Kenon Nathan, And if you
stayed up late, you saw Canada to take home the
winning overtime knocking off the US in the final of
the Four Nations Face Off tournament in Boston, as Oilers
star Conny McDavid wins it for Canada.
Speaker 6 (09:11):
Verry P mcd stars.
Speaker 3 (09:14):
David. Who's that for?
Speaker 12 (09:19):
That's courtis CVSPN. The game was a seesaw battle through
the first two periods. Canada had taken an early one
nothing lead before the US tied it up late in
that first period to send the game into the first intermission.
Tied it one, the US then taking the lead seven
minutes into the second period, before Canada scored seven minutes
later to tie the game up at two. After no
goals were scored in the third period, McDavid winning it
(09:40):
in thrilling fashion. McDavid afterwards talking about the significance of
the win.
Speaker 6 (09:45):
Obviously, it means lots of our group.
Speaker 13 (09:47):
You know, I think a lot of people were wondering
if you know what this tournament would mean to guys,
and obviously.
Speaker 6 (09:52):
You can see what it means to everyone on our side.
Speaker 7 (09:55):
It was, yeah, really exciting.
Speaker 12 (09:58):
That's Connor McDavid. Thirty five years. Major League Baseball and
ESPN are ending their broadcast relationship. At the end of
the twenty twenty five season, ESPN had scaled down its
baseball coverage in the last contract to just thirty games
this year, as well as the Wildcard round of the
playoffs and the All Star Home Run Derby in ten
preseason games. The San Antonio Spurs have shut down big
(10:18):
man Victor Wembanyama for the rest of the season due
to deep vein thrombosis in his right shoulder. The team
is optimistic that the twenty one year old will make
a full recovery in time for next year. Seven time
First Team All Pro guard Zach Martin and the Dallas
Cowboys announcing his retirement from the game. The nine time
pro bowler only accumulated seven accepted holding penalties in his
(10:39):
entire career. That's your Bloomberg Sports Update. I'm Dan Schwartzman,
Karen and Nathan.
Speaker 1 (10:46):
Coast to Coast on Bloomberg Radio nationwide on Serious Exam
and around the world on Bloomberg dot Com and the
Bloomberg Business app.
Speaker 6 (10:54):
This is Bloomberg Daybreak.
Speaker 5 (10:56):
Good morning.
Speaker 2 (10:57):
I'm Nathan Hager. Israel Is expressed outrage after Hamas returned
the bodies of four hostages taken in the October seventh attack.
Prime Minister Benjamin Netanyaho is leading the national mourning cold Bite.
Speaker 11 (11:10):
Sam Today, every home in Israel bows its head, We
bow our heads over the heavy loss of four of
our hostages. We all feel pain mixed with rage. We
are all outraged at the Hamas monsters.
Speaker 2 (11:23):
Prime Minister Natan Yaho spoke there through an interpreter, and
now Israel is saying one of those victims Hamas says
it returned yesterday, thirty three year old mother, Shiri Beeboss,
was not actually her, and Neta Yaho is calling that
a cruel and malicious violation of the ceasefire. Joining us
now from Tel Aviv is Bloomberg News Israel Bureau Chief
Ethan Bronner, and Ethan, I know that Sheri Beboss and
(11:46):
her two little boys are becoming almost a national symbol
in Israel. To find out that the little boys were
returned but their mother was not, it is really difficult
to imagine what the what the feeling is in Israel
right now.
Speaker 6 (11:59):
Good morning, good morning. You're right.
Speaker 13 (12:03):
There's something else worth insisting on right up front too.
It's not just what the little boys were returned, but
that they actually have been murdered in captivity based on forensics.
That's what the Israelis have discovered, as did the eighty
three year old.
Speaker 6 (12:16):
Oh did liftshit?
Speaker 13 (12:17):
So we were in this rather ghoulish ceremony yesterday w
they returned the foreign coffins with big posters, insisting that
they had all been murdered by Israeli war plagues in
an attack and they were now kindly returning them.
Speaker 6 (12:35):
It turned out that they're not returning all of them.
Speaker 13 (12:38):
The mother is not there and the other three were
killed by them in captivity.
Speaker 6 (12:43):
So it's very very angry Israel today.
Speaker 14 (12:46):
You're absolutely right, So what does this mean going forward?
Were in the later stages of a first phase of
a cease fire. President Trump has talked about letting all
help break out. If all the hostages aren't returned soon,
it must feel like things are on a real precipice here.
Speaker 6 (13:07):
They do they do? There is in theory?
Speaker 13 (13:11):
Well we have so tomorrow's Saturday, there do six more
living hostages or do out in exchange for several hundred
Palestinian prisoners will be released.
Speaker 6 (13:21):
That seems likely to go forward.
Speaker 13 (13:24):
I think the Israelis are going to make an effort
to get a few more living hostages out, But I
think you're right that the likelihood of there being an
actual permanencies far is very low at the moment.
Speaker 6 (13:36):
In theory. These negotiations are starting next week.
Speaker 2 (13:41):
In terms of the negotiations, where do they stand right
now and what is the Israeli military doing. Are they
preparing to go back into Gaza.
Speaker 13 (13:51):
They are, They've movedchs near the border, and they've also
started fairly intense activities in the northern part of the
world West Bank, because there were also bus bombs that
went off that didn't kill anyone but just by luck
south of Tel Aviv, in the towns of Batyam and Falone,
And so there is a general sense, I would say,
(14:15):
in the Israeli government that it's very important that they
take a very tough line against all Palaestitian militantism.
Speaker 6 (14:22):
Now.
Speaker 13 (14:23):
At the same time, we have in the Arab world
a desire to try to come up with a plan
to rebuild Gaza and preserve the possibility of a Palestinian state.
Speaker 6 (14:32):
So I think there's very strong conflict.
Speaker 13 (14:35):
Underway because Israel does not want to see a Palestinian state.
And I don't know where the Trump administration will come
out on that, but it's a little hard to imagine
that the two very distinct goals, Israel's desire to end
any palis Citian sovereignty and the West of the region's
desire to preserve.
Speaker 6 (14:55):
It is going to end.
Speaker 2 (14:57):
Well, it's difficult to they're being much support on the
US side for the possibility of a Palestinian state. When
President Trump has talked about the US taking over gas
and redeveloping it, is that something that's still under consideration.
Where does that factor in when it comes to what's
been going on with the hostage exchanges. We've only got
(15:20):
about a minute left, sure, So I.
Speaker 6 (15:22):
Mean, I don't know. I think there's always a.
Speaker 13 (15:24):
Great mystery around what the Trump administration wants to do
and the gap between.
Speaker 6 (15:28):
What it says and that it says the next day.
So I don't know.
Speaker 13 (15:32):
It doesn't feel I think Trump administration is particularly interested
in Palestinian state. On the other hand, the Saladies don't
want to move forward with the normalization unless there is
a Palestinian state on the horizon, and that normalization does
seem important to the Americans. And so that's why there's
still some lack of clarity about.
Speaker 6 (15:50):
Where we're headed.
Speaker 13 (15:51):
But I would agree with you if I had to bet,
they probably side with the Israeli government against a Palestinian state.
Speaker 3 (15:57):
This is Bloomberry Daybreak, your morning pond podcast on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (16:04):
Look for us on your podcast feed by six am
Eastern each morning, on Apple, Spotify, or anywhere else you listen.
Speaker 3 (16:10):
You can also listen live each morning starting at five
am Wall Street Time on Bloomberg eleven three to zero
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Speaker 2 (16:25):
Plus listen coast to coast on the Bloomberg Business app
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Speaker 3 (16:31):
And don't forget to subscribe to Bloomberg News Now. It's
the latest news whenever you want it in five minutes
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platform to stay informed all day long. I'm Karen Moscow.
Speaker 2 (16:44):
And I'm Nathan Hager. Join us again tomorrow morning for
all the news you need to start your day right
here on Bloomberg.
Speaker 10 (16:49):
Dabray
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