September 28, 2025 • 5 mins
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Speaker 1 (00:01):
News when you want it with Bloomberg News. Now, I'm
Doug Prisner. We begin in New York City, where Mayor
Eric Adams has ended his reelection bid five weeks before
election day. Previously, Adams insisted he would stay in the
race despite dismal polling numbers. Today, Adams said he could
not see a path to a second term. Here is
Adams speaking in a video message on x Although.
Speaker 2 (00:24):
This is the end of my reelection campaign, it is
not the end of my public service. I will continue
to fight for this city as I have for forty
years since the day I joined the NYPD, to make
our streets safer in our systems.
Speaker 1 (00:45):
Theaarer New York City Mayor Eric Adams now he had
been considering potential job offers from both the Trump administration
and the private sector in exchange for bowing out and
clearing a path for former New York Governor Andrew Cuomo. Today,
Cuomo praised Adams for putting the cities well being ahead
of his own, and at the same time, in a
(01:05):
swipe at Cuomo, Democratic nominee Zoron Mumdani, said New York
deserves better than trading one disgraced, corrupt politician for another.
Here is Mom Donni speaking to the local ABC News affiliate.
Speaker 3 (01:19):
Well, I think the race continues to be the same
as it was, where it's a race between us and
the failed politics that we've seen, whether it's Andrew Cuomo
or Eric Adams, it's a politics where Donald Trump and
billionaire donors are determining the actions of failed executives. We're
going to show that they can't dictate the outcome of
this race.
Speaker 1 (01:34):
Democratic nominee Zoron Mumdani, speaking to the local ABC News
affiliate in New York. Incidentally, former New York City Mayor
Michael Bloomberg, the founder and majority owner of Bloomberg News
parent Bloomberg Galpi, endorsed Cuomo in the primary, and Bloomberg
contributed to a pact supporting Cuomo's candidacy. In Moldova, the
(01:55):
ruling Pro European Party is on track to win the
most votes in a parliamentary election. Now. Such an outcome
would keep the country on a path to European Union membership,
would also raise the risk of an escalation intentions with Russia.
We go to Michigan next, where a gunman opened fire
inside a Mormon church in Grand Blank during Sunday services
(02:16):
before apparently setting fire to the building. Authorities are saying
at least four people were killed eight others injured. Now,
police did shoot and kill the suspect, a forty year
old man who was identified as Thomas Jacob Sanford. Here
is Police Chief William Rennie.
Speaker 4 (02:32):
We were onseen within thirty seconds from that original nine
to one one call. Within eight minutes, that suspect was
neutralized in the back parking lot of the church.
Speaker 1 (02:44):
That was Grand Blank Police Chief William Rennie speaking there now.
President Trump condemned the shooting and said the FBI would
be leading the federal investigation. In Oregon, the state has
sued the Trump administration one day after President Trump said
he will send troops to Portland. Lawsuit comes after Defense
Secretary Pete Hegseth sent a memo to Oregon Governor Tina
(03:05):
Kotek on Sunday ordering two hundred members of the Oregon
National Guard to perform federal functions for sixty days. Here
is Oregon State Attorney General Dan Rayfield.
Speaker 5 (03:17):
I had told our staff, and we've been talking about
this for a really long time, that the moment that
we got notice of a deployment that I wanted to
be in court with a lawsuit filed within twelve hours.
As of two o'clock today, we have a lawsuit filed
in Portland in the United States District Court to protect
Oregon and its values. Less than six hours from the moment,
(03:38):
we receive notice here in Oregon.
Speaker 1 (03:41):
That was Oregon State Attorney General Dan Rayfield speaking now.
The Oregon lawsuit says that the president lacks authority to
deploy the National Guard. The law does permit federal control
of the National Guard only in cases of invasion, rebellion,
or when federal laws cannot otherwise be enforced, and says
those conditions are not happening. It is a busy week
(04:04):
ahead for FED speakers. We have a preview from Bloomberg's
Charlie Pellett.
Speaker 6 (04:08):
Monday, New York FED President John Williams has a moderated
Q and A at the Rochester Institute of Technology, while
Atlanta FED President Raphaelbostik moderates a conversation with Ed Bastion,
the CEO of Delta Airlines. Tuesday, FED Vice Chair Philip
Jefferson and ECB President Christine Legard each give keynote speeches
(04:28):
at a Finland Central Bank conference. Chicago FED President Austin
Goolesby will participate in a Q and A at his
bank's agriculture conference, and then Thursday, Dallas FED President Laurie
Logan speaks at a University of Texas Energy and Polise
conference in Austin. In New York, Charlie Pellett Bloomberg Radio.
Speaker 1 (04:48):
In sports, the Ryder Cup has wrapped up at Bethpage
Black and Europe has retained the trophy, beating the US
fifteen to thirteen. And the MLB regular season has come
to an end and the playoff bracket has been set.
In the American League, the Toronto Blue Jays have clinched
the number one overall seed and the Cleveland Guardians clinched
(05:08):
the American League Central Division. In the National League, that
Cincinnati Reds clinched the third wildcard spot. And that is
news when you want it with Bloomberg News Now, I'm
Doug Chrisner in this is Bloomberg
News when you want it with Bloomberg News. Now, I'm
Doug Prisner. We begin in New York City, where Mayor
Eric Adams has ended his reelection bid five weeks before
election day. Previously, Adams insisted he would stay in the
race despite dismal polling numbers. Today, Adams said he could
not see a path to a second term. Here is
Adams speaking in a video message on x Although.
Speaker 2 (00:24):
This is the end of my reelection campaign, it is
not the end of my public service. I will continue
to fight for this city as I have for forty
years since the day I joined the NYPD, to make
our streets safer in our systems.
Speaker 1 (00:45):
Theaarer New York City Mayor Eric Adams now he had
been considering potential job offers from both the Trump administration
and the private sector in exchange for bowing out and
clearing a path for former New York Governor Andrew Cuomo. Today,
Cuomo praised Adams for putting the cities well being ahead
of his own, and at the same time, in a
(01:05):
swipe at Cuomo, Democratic nominee Zoron Mumdani, said New York
deserves better than trading one disgraced, corrupt politician for another.
Here is Mom Donni speaking to the local ABC News affiliate.
Speaker 3 (01:19):
Well, I think the race continues to be the same
as it was, where it's a race between us and
the failed politics that we've seen, whether it's Andrew Cuomo
or Eric Adams, it's a politics where Donald Trump and
billionaire donors are determining the actions of failed executives. We're
going to show that they can't dictate the outcome of
this race.
Speaker 1 (01:34):
Democratic nominee Zoron Mumdani, speaking to the local ABC News
affiliate in New York. Incidentally, former New York City Mayor
Michael Bloomberg, the founder and majority owner of Bloomberg News
parent Bloomberg Galpi, endorsed Cuomo in the primary, and Bloomberg
contributed to a pact supporting Cuomo's candidacy. In Moldova, the
(01:55):
ruling Pro European Party is on track to win the
most votes in a parliamentary election. Now. Such an outcome
would keep the country on a path to European Union membership,
would also raise the risk of an escalation intentions with Russia.
We go to Michigan next, where a gunman opened fire
inside a Mormon church in Grand Blank during Sunday services
(02:16):
before apparently setting fire to the building. Authorities are saying
at least four people were killed eight others injured. Now,
police did shoot and kill the suspect, a forty year
old man who was identified as Thomas Jacob Sanford. Here
is Police Chief William Rennie.
Speaker 4 (02:32):
We were onseen within thirty seconds from that original nine
to one one call. Within eight minutes, that suspect was
neutralized in the back parking lot of the church.
Speaker 1 (02:44):
That was Grand Blank Police Chief William Rennie speaking there now.
President Trump condemned the shooting and said the FBI would
be leading the federal investigation. In Oregon, the state has
sued the Trump administration one day after President Trump said
he will send troops to Portland. Lawsuit comes after Defense
Secretary Pete Hegseth sent a memo to Oregon Governor Tina
(03:05):
Kotek on Sunday ordering two hundred members of the Oregon
National Guard to perform federal functions for sixty days. Here
is Oregon State Attorney General Dan Rayfield.
Speaker 5 (03:17):
I had told our staff, and we've been talking about
this for a really long time, that the moment that
we got notice of a deployment that I wanted to
be in court with a lawsuit filed within twelve hours.
As of two o'clock today, we have a lawsuit filed
in Portland in the United States District Court to protect
Oregon and its values. Less than six hours from the moment,
(03:38):
we receive notice here in Oregon.
Speaker 1 (03:41):
That was Oregon State Attorney General Dan Rayfield speaking now.
The Oregon lawsuit says that the president lacks authority to
deploy the National Guard. The law does permit federal control
of the National Guard only in cases of invasion, rebellion,
or when federal laws cannot otherwise be enforced, and says
those conditions are not happening. It is a busy week
(04:04):
ahead for FED speakers. We have a preview from Bloomberg's
Charlie Pellett.
Speaker 6 (04:08):
Monday, New York FED President John Williams has a moderated
Q and A at the Rochester Institute of Technology, while
Atlanta FED President Raphaelbostik moderates a conversation with Ed Bastion,
the CEO of Delta Airlines. Tuesday, FED Vice Chair Philip
Jefferson and ECB President Christine Legard each give keynote speeches
(04:28):
at a Finland Central Bank conference. Chicago FED President Austin
Goolesby will participate in a Q and A at his
bank's agriculture conference, and then Thursday, Dallas FED President Laurie
Logan speaks at a University of Texas Energy and Polise
conference in Austin. In New York, Charlie Pellett Bloomberg Radio.
Speaker 1 (04:48):
In sports, the Ryder Cup has wrapped up at Bethpage
Black and Europe has retained the trophy, beating the US
fifteen to thirteen. And the MLB regular season has come
to an end and the playoff bracket has been set.
In the American League, the Toronto Blue Jays have clinched
the number one overall seed and the Cleveland Guardians clinched
(05:08):
the American League Central Division. In the National League, that
Cincinnati Reds clinched the third wildcard spot. And that is
news when you want it with Bloomberg News Now, I'm
Doug Chrisner in this is Bloomberg
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