September 20, 2025 • 5 mins
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Speaker 1 (00:00):
News when you want it with Bloomberg News. Now, I'm
in Kahalenki. The White House is revealing details on the
TikTok deal. President Trump says he struck with China's leader
Shei Hunping, and Bloomberg's Windy Benjamin Sin in Washington says
it appears the deal checks all the boxes in the
new US law on control of the social media platform
currently owned by Chinese parents Byte Dance.
Speaker 2 (00:23):
Americans would hold six of the seven board seats for TikTok,
and the algorithm would tirely US controlled. And also American
board members would have national security and cybersecurity credentials, and
that seventh board member who would be chosen by Byte Dance,
TikTok's parent company, would be excluded from the Security committee.
(00:45):
So what we're really seeing is a real draw down
in Chinese control of TikTok.
Speaker 1 (00:50):
Bloomberg's Windy benjaminsin reporting from Washington, President Trump urged Afghanistan
to return the Bagram Air Base to US control, threatening
bad thing for the Taliban led country if it fails
to comply. The demand made it a post on truth
Social Saturday, follows comments from Trump earlier this week, during
a joint press conference with British Prime Minister Kure Starmer
(01:12):
that the US is trying to reclaim the base. Trump
has long criticized his predecessor, Joe Biden over the tumultuous
US withdrawal from Afghanistan, saying that the move left in
the hands of the Taliban, American weaponry and other military assets,
including the base at Bogram. Luigi Mangioni's lawyers urged a
judge Saturday to bar federal prosecutors from seeking the death
(01:34):
penalty in the killing of United Healthcare CEO Brian Thompson,
arguing that authorities prejudiced his case by turning his arrest
into a Marvel movie spectacle and by publicly declaring their
desire to see him executed. Fresh from a legal victory
that he eliminated terrorism charges in Mangioni's state murder case,
his lawyers are now fighting to have his federal case dismissed,
(01:58):
seizing on US Attorney Gis General Pam Bondi's declaration prior
to his April indictment that capital punishment is warranted for
a premeditated, cold blooded assassination that shocked America tech companies
are scrambling to figure out what new visa policies mean
for business. The President has introduced a one hundred thousand
dollars application fee for the H one B visa program,
(02:20):
a Trump Gold Card visa program for one million dollars.
Bloomberg's Hadriana Lowenkron says the program is controversial even among
some loyal Trump supporters.
Speaker 3 (02:30):
That's something that people like Elon Musk, you know, an
Ali of his, vivik Ramaswami. You know, these are people
who have you know, voiced support for that program, whereas
you have other people and this more kind of more
to the right maga faction of his base that are
against US.
Speaker 1 (02:51):
Meantime, lowen Cron says President Trump is also talking about
a new platinum level car that would cost five million
and allow the holder to come to the US for
up to two hundred and seventy days a year without
being subject to US taxes on non US income. Commerce
Secretary Lutnix says new visa programs could bring in at
least one hundred billion dollars in revenue. SEC Chair Paul
(03:12):
Atkins says the Commission will move forward with plans to
overhaul investor disclosure rules for publicly traded companies. We get
more on this from Bloomberg's Charlie Pellett.
Speaker 4 (03:22):
The announcement came the same week that President Trump issued
a social media posts suggesting the SEC should move to
semi annual rather than quarterly reporting, and in an interview
on CNBC, Atkins said, quote, it's a good time to
look at the whole panopoly of ways that people get information,
how it's disseminated, and what's fit for purpose. He noted
(03:44):
that many investors get more information from earnings calls rather
than the quarterly reports. In New York Charlie Pellett Bloomberg Radio.
Speaker 1 (03:53):
The Bureau of Labor Statistics is postponing the release of
an important annual report on consumer expenditures that was supposed
to come out this coming week. We get more on
this from Bloomberg's Denise Pellegriney.
Speaker 5 (04:04):
The report on consumer expenditures is closely watched because of
its data unspending, income, and demographics. It's also used to
figure out the waiting of various goods and services in
the coming year's Consumer Price Index. The announcement on the
BLS website doesn't say why the Tuesday release is being
held or when it might come out. President Trump fired
the head of the BLS last month after her agency
(04:26):
reported week jobs growth in July and substantial downward revisions
to the two prior months. Denise Pellegrine Bloomberg Radio.
Speaker 1 (04:34):
For President Trump's crackdown on wind energy maybe putting thousands
of jobs at risk. We get more on this from
Bloomberg's Nathan Hagar in Washington.
Speaker 6 (04:41):
More than fifteen thousand jobs in New England alone. That's
according to a Bloomberg News analysis of company and state announcements.
And it doesn't count a six billion dollar project off
Maryland's coast that the Trump Administration's fighting in court last month.
Stopwork order on the Revolution Wind Farm off Rhode Island
affects two thousand jobs. More than three thirteen thousand others
are threatened in offshore projects near Massachusetts that are still
(05:04):
waiting for construction. In Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1 (05:08):
That's news when you want it with Bloomberg News. Now.
I made Koleggi. This is Bloomberg
News when you want it with Bloomberg News. Now, I'm
in Kahalenki. The White House is revealing details on the
TikTok deal. President Trump says he struck with China's leader
Shei Hunping, and Bloomberg's Windy Benjamin Sin in Washington says
it appears the deal checks all the boxes in the
new US law on control of the social media platform
currently owned by Chinese parents Byte Dance.
Speaker 2 (00:23):
Americans would hold six of the seven board seats for TikTok,
and the algorithm would tirely US controlled. And also American
board members would have national security and cybersecurity credentials, and
that seventh board member who would be chosen by Byte Dance,
TikTok's parent company, would be excluded from the Security committee.
(00:45):
So what we're really seeing is a real draw down
in Chinese control of TikTok.
Speaker 1 (00:50):
Bloomberg's Windy benjaminsin reporting from Washington, President Trump urged Afghanistan
to return the Bagram Air Base to US control, threatening
bad thing for the Taliban led country if it fails
to comply. The demand made it a post on truth
Social Saturday, follows comments from Trump earlier this week, during
a joint press conference with British Prime Minister Kure Starmer
(01:12):
that the US is trying to reclaim the base. Trump
has long criticized his predecessor, Joe Biden over the tumultuous
US withdrawal from Afghanistan, saying that the move left in
the hands of the Taliban, American weaponry and other military assets,
including the base at Bogram. Luigi Mangioni's lawyers urged a
judge Saturday to bar federal prosecutors from seeking the death
(01:34):
penalty in the killing of United Healthcare CEO Brian Thompson,
arguing that authorities prejudiced his case by turning his arrest
into a Marvel movie spectacle and by publicly declaring their
desire to see him executed. Fresh from a legal victory
that he eliminated terrorism charges in Mangioni's state murder case,
his lawyers are now fighting to have his federal case dismissed,
(01:58):
seizing on US Attorney Gis General Pam Bondi's declaration prior
to his April indictment that capital punishment is warranted for
a premeditated, cold blooded assassination that shocked America tech companies
are scrambling to figure out what new visa policies mean
for business. The President has introduced a one hundred thousand
dollars application fee for the H one B visa program,
(02:20):
a Trump Gold Card visa program for one million dollars.
Bloomberg's Hadriana Lowenkron says the program is controversial even among
some loyal Trump supporters.
Speaker 3 (02:30):
That's something that people like Elon Musk, you know, an
Ali of his, vivik Ramaswami. You know, these are people
who have you know, voiced support for that program, whereas
you have other people and this more kind of more
to the right maga faction of his base that are
against US.
Speaker 1 (02:51):
Meantime, lowen Cron says President Trump is also talking about
a new platinum level car that would cost five million
and allow the holder to come to the US for
up to two hundred and seventy days a year without
being subject to US taxes on non US income. Commerce
Secretary Lutnix says new visa programs could bring in at
least one hundred billion dollars in revenue. SEC Chair Paul
(03:12):
Atkins says the Commission will move forward with plans to
overhaul investor disclosure rules for publicly traded companies. We get
more on this from Bloomberg's Charlie Pellett.
Speaker 4 (03:22):
The announcement came the same week that President Trump issued
a social media posts suggesting the SEC should move to
semi annual rather than quarterly reporting, and in an interview
on CNBC, Atkins said, quote, it's a good time to
look at the whole panopoly of ways that people get information,
how it's disseminated, and what's fit for purpose. He noted
(03:44):
that many investors get more information from earnings calls rather
than the quarterly reports. In New York Charlie Pellett Bloomberg Radio.
Speaker 1 (03:53):
The Bureau of Labor Statistics is postponing the release of
an important annual report on consumer expenditures that was supposed
to come out this coming week. We get more on
this from Bloomberg's Denise Pellegriney.
Speaker 5 (04:04):
The report on consumer expenditures is closely watched because of
its data unspending, income, and demographics. It's also used to
figure out the waiting of various goods and services in
the coming year's Consumer Price Index. The announcement on the
BLS website doesn't say why the Tuesday release is being
held or when it might come out. President Trump fired
the head of the BLS last month after her agency
(04:26):
reported week jobs growth in July and substantial downward revisions
to the two prior months. Denise Pellegrine Bloomberg Radio.
Speaker 1 (04:34):
For President Trump's crackdown on wind energy maybe putting thousands
of jobs at risk. We get more on this from
Bloomberg's Nathan Hagar in Washington.
Speaker 6 (04:41):
More than fifteen thousand jobs in New England alone. That's
according to a Bloomberg News analysis of company and state announcements.
And it doesn't count a six billion dollar project off
Maryland's coast that the Trump Administration's fighting in court last month.
Stopwork order on the Revolution Wind Farm off Rhode Island
affects two thousand jobs. More than three thirteen thousand others
are threatened in offshore projects near Massachusetts that are still
(05:04):
waiting for construction. In Washington, I'm Nathan Hager, Bloomberg Radio.
Speaker 1 (05:08):
That's news when you want it with Bloomberg News. Now.
I made Koleggi. This is Bloomberg
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