December 2, 2025 • 5 mins
Listen for the latest from Bloomberg News
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
News when you wanted with Bloomberg News Now, I'm Doug Krisner.
Talks between Russian President of Vladimir Putin and US Envoy
Steve Witkoff, along with Jared Kushner, have concluded that the
Kremlin following nearly five hours now, these discussions were focused
on a draft peace plan to end the war in Ukraine.
The Kremlin called the talks productive, but no details have
(00:21):
emerged so far. Here is Bloomberg's Eric Martin.
Speaker 2 (00:25):
Of course, these have been fraud negotiations because as the
pendulum swings to one side, as it swings more towards
the priorities of Ukraine, it swings away from those of Russia.
And we need to see some kind of a balance
struck in the middle in order for this to move
forward and for us to get a ceasefire, let alone
the more comprehensive peace agreement, that.
Speaker 1 (00:46):
Is Bloomberg's Eric Martin. Now from the Ukrainian side, President
Zelenski said he is waiting for the results of this meeting.
The White House continues to defend the legality of its
strikes on suspected drug boats in the Caribbean Sea. However,
unease is spreading through Congress over allegations the military may
have committed a war crime in a second strike, reportedly
(01:08):
to kill survivors seen clinging to the wreckage of their boat. Today,
Defense Secretary Pete Hegseth said the Trump administration remains firm
on the strike call.
Speaker 2 (01:18):
I did not personally see survivors, but I stand because
the thing was on fire.
Speaker 3 (01:23):
I've exploded in fire or smoke.
Speaker 4 (01:25):
You can't see any you got digital. This is called
the fog of war.
Speaker 1 (01:28):
Defense Secretary Pete heg Seth. Meantime, President Trump suggested the
Pentagon we'll soon start targeting drug cartels with strikes on
land in Venezuela and beyond.
Speaker 5 (01:38):
You know, the land is much easier, it's much easier,
and we know the routes they take. We know everything
about them. We know where they live, we know where
the bad ones live. And we're going to start that
very soon.
Speaker 1 (01:49):
To President Trump speaking there, there is a winner in
the special election for Tennessee seventh Congressional District. Republican Matt
Van Epps has defeated Democrat Afton Baine. Here is Van
Epps speaking earlier to supporters.
Speaker 4 (02:03):
The President book the largest most diverse coalition to ever
elect a Republican, and we leaned it on that President
Trump was all in with us, and it made the
difference in Congress. I'll be all in with him.
Speaker 1 (02:18):
That is Republican Matt Van Epps, the winner of the
special election for Tennessee's seventh congressional district. Now, the margin
of victory was narrower than expected, and that in and
of itself is a potential warning sign for Republicans before
the twenty twenty six mid term elections. The founder of
Dell Technologies, Michael Dell, and his wife Susan, are giving
(02:40):
twenty five million American children two hundred and fifty dollars
each to jumpstart investment accounts for their futures. Dell's pledge
is worth six and a quarter billion dollars, and it's
part of the Invest America initiative, better known as Trump Accounts,
created earlier this year as part of the Big Beautiful Bill. Now,
the government will deposit one thousand dollars into investment accounts
(03:03):
for all children born between twenty twenty five and twenty
twenty eight. Here is Michael Dell speaking earlier to Bloomberg.
Speaker 6 (03:10):
We hope that you know this.
Speaker 7 (03:14):
You know, inspires them and gives them hope and opportunity
and prosperity.
Speaker 6 (03:20):
I've spoken with a number of other philanthropists. I believe
you'll see some other significant gifts.
Speaker 2 (03:25):
And we know many companies are going to match the
government's contribution, as Dell Technologies is certainly doing, and a
number of companies.
Speaker 6 (03:33):
Have already announced.
Speaker 1 (03:34):
So we're super excited about what this can become. Michael
Dell there, the CEO of Dell Technologies. President Trump says
he'll announce a new FED chair early next year. More
from Bloomberg's Charlie Pellett.
Speaker 6 (03:46):
Word came at a White House Cabinet meeting in which
the President repeated his criticism of fedhair J.
Speaker 3 (03:51):
Powell, who should reduce rates. So even Jamie Diamond said
he should be reducing rates. I never saw Jamie Diamond
say that. I went away, he said, but he really
said it because he's right. But we have a guy
that's just a stubborn ucks who probably doesn't like your president,
your favorite president.
Speaker 6 (04:10):
Treasury Secretary Scott Bessen, who has been overseeing the FED
chair selection process, previously said the pick could be revealed
around Christmas. Over the weekend. The President told reporters he
knew who he would nominate, without offering further details. In
New York, Charlie Bloomberg.
Speaker 1 (04:27):
Radio, subsidies tied to the Affordable Care Actor set to
expire at the end of the month, and if no
action is taken, millions of Americans will likely see significantly
higher premiums for health insurance. Now, Democratic lawmakers have been
fighting to extend them. House Speaker Mike Johnson says Republicans
are planning to talk about it next week.
Speaker 7 (04:47):
We're pulling those ideas together and there will be a
Republican response to this, Okay, So I can't project in
advance what that will be because I don't know what
the consensus is in that room. But you will see
Arsley's rolled up in that work being done in Earthwareness
this week as we bring all that together.
Speaker 1 (05:02):
Now, talks on a compromise in both parties have stalled.
A bipartisan deal is not expected before those subsidies do expire.
And that is news when you want it. With Bloomberg
News Now, I'm Doug Krisner, and this is Bloomberg
News when you wanted with Bloomberg News Now, I'm Doug Krisner.
Talks between Russian President of Vladimir Putin and US Envoy
Steve Witkoff, along with Jared Kushner, have concluded that the
Kremlin following nearly five hours now, these discussions were focused
on a draft peace plan to end the war in Ukraine.
The Kremlin called the talks productive, but no details have
(00:21):
emerged so far. Here is Bloomberg's Eric Martin.
Speaker 2 (00:25):
Of course, these have been fraud negotiations because as the
pendulum swings to one side, as it swings more towards
the priorities of Ukraine, it swings away from those of Russia.
And we need to see some kind of a balance
struck in the middle in order for this to move
forward and for us to get a ceasefire, let alone
the more comprehensive peace agreement, that.
Speaker 1 (00:46):
Is Bloomberg's Eric Martin. Now from the Ukrainian side, President
Zelenski said he is waiting for the results of this meeting.
The White House continues to defend the legality of its
strikes on suspected drug boats in the Caribbean Sea. However,
unease is spreading through Congress over allegations the military may
have committed a war crime in a second strike, reportedly
(01:08):
to kill survivors seen clinging to the wreckage of their boat. Today,
Defense Secretary Pete Hegseth said the Trump administration remains firm
on the strike call.
Speaker 2 (01:18):
I did not personally see survivors, but I stand because
the thing was on fire.
Speaker 3 (01:23):
I've exploded in fire or smoke.
Speaker 4 (01:25):
You can't see any you got digital. This is called
the fog of war.
Speaker 1 (01:28):
Defense Secretary Pete heg Seth. Meantime, President Trump suggested the
Pentagon we'll soon start targeting drug cartels with strikes on
land in Venezuela and beyond.
Speaker 5 (01:38):
You know, the land is much easier, it's much easier,
and we know the routes they take. We know everything
about them. We know where they live, we know where
the bad ones live. And we're going to start that
very soon.
Speaker 1 (01:49):
To President Trump speaking there, there is a winner in
the special election for Tennessee seventh Congressional District. Republican Matt
Van Epps has defeated Democrat Afton Baine. Here is Van
Epps speaking earlier to supporters.
Speaker 4 (02:03):
The President book the largest most diverse coalition to ever
elect a Republican, and we leaned it on that President
Trump was all in with us, and it made the
difference in Congress. I'll be all in with him.
Speaker 1 (02:18):
That is Republican Matt Van Epps, the winner of the
special election for Tennessee's seventh congressional district. Now, the margin
of victory was narrower than expected, and that in and
of itself is a potential warning sign for Republicans before
the twenty twenty six mid term elections. The founder of
Dell Technologies, Michael Dell, and his wife Susan, are giving
(02:40):
twenty five million American children two hundred and fifty dollars
each to jumpstart investment accounts for their futures. Dell's pledge
is worth six and a quarter billion dollars, and it's
part of the Invest America initiative, better known as Trump Accounts,
created earlier this year as part of the Big Beautiful Bill. Now,
the government will deposit one thousand dollars into investment accounts
(03:03):
for all children born between twenty twenty five and twenty
twenty eight. Here is Michael Dell speaking earlier to Bloomberg.
Speaker 6 (03:10):
We hope that you know this.
Speaker 7 (03:14):
You know, inspires them and gives them hope and opportunity
and prosperity.
Speaker 6 (03:20):
I've spoken with a number of other philanthropists. I believe
you'll see some other significant gifts.
Speaker 2 (03:25):
And we know many companies are going to match the
government's contribution, as Dell Technologies is certainly doing, and a
number of companies.
Speaker 6 (03:33):
Have already announced.
Speaker 1 (03:34):
So we're super excited about what this can become. Michael
Dell there, the CEO of Dell Technologies. President Trump says
he'll announce a new FED chair early next year. More
from Bloomberg's Charlie Pellett.
Speaker 6 (03:46):
Word came at a White House Cabinet meeting in which
the President repeated his criticism of fedhair J.
Speaker 3 (03:51):
Powell, who should reduce rates. So even Jamie Diamond said
he should be reducing rates. I never saw Jamie Diamond
say that. I went away, he said, but he really
said it because he's right. But we have a guy
that's just a stubborn ucks who probably doesn't like your president,
your favorite president.
Speaker 6 (04:10):
Treasury Secretary Scott Bessen, who has been overseeing the FED
chair selection process, previously said the pick could be revealed
around Christmas. Over the weekend. The President told reporters he
knew who he would nominate, without offering further details. In
New York, Charlie Bloomberg.
Speaker 1 (04:27):
Radio, subsidies tied to the Affordable Care Actor set to
expire at the end of the month, and if no
action is taken, millions of Americans will likely see significantly
higher premiums for health insurance. Now, Democratic lawmakers have been
fighting to extend them. House Speaker Mike Johnson says Republicans
are planning to talk about it next week.
Speaker 7 (04:47):
We're pulling those ideas together and there will be a
Republican response to this, Okay, So I can't project in
advance what that will be because I don't know what
the consensus is in that room. But you will see
Arsley's rolled up in that work being done in Earthwareness
this week as we bring all that together.
Speaker 1 (05:02):
Now, talks on a compromise in both parties have stalled.
A bipartisan deal is not expected before those subsidies do expire.
And that is news when you want it. With Bloomberg
News Now, I'm Doug Krisner, and this is Bloomberg
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.