November 16, 2025: Trump: "Nothing to Hide" in Epstein Files, Flight Cuts End, More

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Episode Transcript

Speaker 1 (00:01):
News when you wanted with Bloomberg News. Now, I'm Doug Krisner,
and we begin with the latest on the case of
Jeffrey Epstein. This Tuesday, the House is set to vote
on legislation to force the Department of Justice to release
all available records related to the convicted sex offender. Now,
this is a move that Trump has in the past criticized,
but tonight, in a post on truth Social the President

(00:24):
is saying that House Republicans should vote to release the
Epstein files, Trump writing, we have nothing to hide now.
Last Friday, the president publicly rebuked Georgia Congresswoman Marjorie Taylor
Green over her signature on a petition to vote on
the release of these files, and Trump's social media post
included insults. Here is Green responding earlier on CNN's State

(00:47):
of the Union.

Speaker 2 (00:48):
I have something in my heart that I think is
incredibly important for our country, and that is to end
the toxic fighting and politics. And this has been going
on for years, and it is divided our country, split
up friends and families, neighbors, and it's not solving our problems.
The most hurtful thing he said, which is absolutely untrue,

(01:11):
is he called me a trader, and that is so
extremely wrong. And those are the types of words us
that can radicalize people against me and put my life
in danger.

Speaker 1 (01:25):
Georgia Congresswoman Marjorie Taylor Green on CNN State of the Union.
The FAA is ending it shut down era of flight
cuts at forty US airports. So now airlines will be
permitted to return to normal schedules, and they will do
so beginning Monday. President Trump's proposal to send two thousand
dollars dividend payments from tariffs to US citizens would require

(01:47):
congressional approval. US Treasury Secretary Scott Besson said so. When
Fox News Sunday Morning Futures host Maria Bartiromo asked whether
Trump would be sending the payments, we will see.

Speaker 3 (02:00):
We need legislation for that.

Speaker 2 (02:02):
And again, President Trump is all about solutions, Maria, and
everything is on the table.

Speaker 1 (02:09):
That's Treasury Secretary Scott Besson speaking on Fox News Sunday
Morning Futures. President Trump said that he will support proposed
Senate legislation to sanctioned countries that conduct business with Russia. Now,
this bill would allow Trump to impose tariffs on imports
from countries that buy Russian energy products and are not
actively supporting Ukraine. This would mean China and India could

(02:32):
be targeted. Trump also mentioned that Iran may be added
to this list now. This legislation is the result of
efforts by Democrats and some Republicans to punish Russia for
its continued war on Ukraine. Tesla is reportedly requiring its
suppliers to exclude components made in China for US manufactured vehicles.

(02:53):
The Wall Street Journal reports Tesla has been trying to
reduce its dependence on Chinese made parts for the US
since the pandemic is disrupted flows of goods from China,
but President Frump's tariffs have complicated those strategies, and it's
caused the ev maker to accelerate its move away from
Chinese parts. Now, Tesli is aiming to switch to other components,

(03:13):
those made outside of China over the next year or two.
Some of Japan's biggest tourism and retail related stocks are
down today. That's after Beijing warned its citizens against traveling
to and studying in Japan because of heightened risk for
Chinese citizens. Meantime, the Japanese economy contracted in Q three
for the first time in six quarters on an annualized

(03:35):
basis negative one point eight percent, still better than what
economist had forecast a negative two point four percent. Bloomberg's
Paul Jackson covers the economies of Japan and South Korea.

Speaker 4 (03:46):
The fall was expected. We knew there was going to
be a pullback from exports over the summer because we
had the bringing forward of exports in the previous quarters.
Companies tried to eat the tariffs of Donald Trump, so
that part was expected. We also knew there was going
to be a sharp drop off in spending on housing.

(04:08):
It's actually a third fall in the amount spent on
the property market, reflecting environmental changes regulations that came in.
So there was again a flood of spending before the spring,
and then that's tailed off.

Speaker 1 (04:23):
That was Bloomberg's Paul Jackson. Now this GDP news comes
as Japan's new Prime Minister Takei Ichi is preparing a
major stimulus package. The government is still working to reschedule
economic releases impacted by the shutdown. Even so, there is
plenty for the markets to watch out for. In the
week ahead, we have more from Bloomberg's Karen Moscow.

Speaker 3 (04:43):
The week begins with a report on Empire manufacturing and
comments from VID Governor Christopher Waller as well as New
York VIED President John Williams. Tuesday begin earnings from Home
Depot and Wednesday in Nvidia market expectations are high after
Nvidia recently became the first company to hit a five
trillion dollar market. The FED also releases minutes from its
October meeting, shedding light and an unusual split among policymakers

(05:06):
after a decision to cut rates by a quarter point. Thursday,
we get existing home sales and earnings from Walmart, and
consumer sentiment is out on Friday. Karen Moscow Bloomberg Radio,
and that is news.

Speaker 1 (05:16):
When you want it with Bloomberg News. Now, I'm Doug Chrisner,
and this is Bloomberg