Episode Transcript
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Speaker 1 (00:01):
News when you want it with Bloomberg News Now, I'm
in in kleggi. President Trump called his Friday meeting with
Russian counterpart Vladimir Putin extremely productive, but indicated that a
deal to end the war had still not been finalized.
On Fox News Friday Night, Trump told Sean Hannity that
Ukrainian President Vladimir Zelensky should make a deal.
Speaker 2 (00:21):
Now it's really up to President Zolensky to get it done.
And I would also say the European nations, they have
to get involved a little bit, but it's up to
President Zelensky. I think we are and if they'd like,
I'll be at that next meeting. They're going to set
up a meeting now between President Zelensky and President Putin
and myself. I guess you know, I didn't even I
(00:41):
didn't ask you about it. Not that I want to
be there, but I want to make sure it gets done,
and we have a pretty good chance of getting it done.
Speaker 1 (00:48):
That's President Trump speaking Friday evening with Fox News. Is
Sean Hannity. Bloomberg Politics contributor Rick Davis on how Putin
will view Friday as a victory.
Speaker 3 (00:58):
The only real winner is Latimir who got to come
to the United States in a historic moment, stand side
by side, be treated as a world leader on par
with the President United States, lifting him out of obscurity
within Russia as a war criminal. It's really going to
be something if nothing comes of this.
Speaker 1 (01:15):
Bloomberg Politics contributor Jean she and Zano on Trump's gamble
in doing this summit.
Speaker 4 (01:20):
I give the President credit. He took a gamble going
It's not one I would have taken or advised, but
he took it. And I think the question now is
what does he do going forward? Has he really learned
to Vladimir Putin is and the fact is that he's
not willing to negotiate with Donald Trump the way Donald
Trump has long promised, And what does he do about that?
(01:41):
I think is the question going forward.
Speaker 1 (01:43):
Bloomberg Managing editor Kevin Whitelaw on how European leaders might
view Friday summit.
Speaker 5 (01:48):
European leaders have to react carefully here because they need
to keep Trump on board with support to Ukraine. They're
relying on the US military supplies weaponry to be delivered,
so they have to find a way to keep him
on size without allowing him to make concessions that they
simply find unacceptable. So they're going to have to continue
to play this game of phrasing him gently while offering
(02:11):
him cautions and words.
Speaker 1 (02:14):
Top Democrats released a draft congressional map Friday that may
lead to Republicans losing five US House seats as Governor
Devin Newsom pushes to offset possible GOP gains from redistricting
in Texas. The California map, released Friday by the Democratic
Congressional Campaign Committee would imperil the twenty twenty six reelection
bids of Republicans, including Representatives Doug LaMalfa, Kevin Kylie, David Valdeo,
(02:39):
Ken Calvert, and Daryl Aisa. It would also bolster some
swing district Democrats who won close twenty twenty four elections.
The Trump administration is getting the go ahead to lay
off most of the Consumer Financial Protection Bureau. Bloomberg's Nathan
Hager has more from Washington.
Speaker 6 (02:54):
A federal appeals court in Washington has overturned a lower
court decision that the firings were likely to roy the
Consumer Protection Agency before she had the chance to rule
on challenges from the laid off workers. The appeals court
says the trial judge lacked jurisdiction to consider their claims.
This ruling now allows the Trump administration to terminate hundreds
of employees who regulate banks, FinTechs, and other financial institutions
(03:18):
while their legal challenges continue. In Washington, I'm Nathan Hager
Bloomberg Radio.
Speaker 1 (03:23):
A move lower Friday for the S and P five
hundred index and Nasdaq, while the Dow gain flirting with
a record. We get more from Bloomberg's Charlie Pellet.
Speaker 7 (03:31):
Stocks fell from records as data showed mixed indications on
how American consumers are feeling about the economy. Economic data
showed up broad based advance in US retail sales, but
consumer sentiment unexpectedly fell and inflation expectations rose. Applied materials
led losses, and chip makers on a disappointing outlook, down
(03:52):
fourteen percent. United Health Groups soared twelve percent as prominent
funds piled into the insurer. The S and P five
hundred index events for a second week, up point nine percent,
The Dow this week up one point seven percent, NASDAK
up by point eight percent. In New York. Charlie Pellet
Bloomberg Radio.
Speaker 1 (04:11):
The Friday numbers on Wall Street, the Dow gain thirty four,
Nasdaq fell eighty seven, the SNP dropped eighteen. The ten
year Treasury yield is four point three two percent. The
two year Treasurer yield stands at three point seven five percent.
That's news when you want it with Bloomberg News now,
I'm Ad Kaleggy. This is Bloomberg