Navigated to October 9, 2025: Israel Gov. Approves Hostage Deal, Letitia James Indicted, More - Transcript

October 9, 2025: Israel Gov. Approves Hostage Deal, Letitia James Indicted, More

Episode Transcript

Speaker 1

News when you want it with Bloomberg News Now, I'm Doug Prisner.

The US is sending about two hundred troops to Israel to help support and monitor the ceasefire deal in Gaza following a peace accord with Hamas.

AP is reporting it's part of a team of partner nations, non governmental organizations, and private sector players.

Earlier today, Israeli Prime Minister Benjamin Ecnyaho said in a post on x that the Israeli government approved an outline to free hostages and begin implementing a ceasefire.

Now, these two sides will exchange prisoners and Hamas will release all remaining hostages.

Hamas also said it will reopen the Rafa crossing for the entry of humanitarian aid.

At the same time, President Trump said he'll travel to Israel to be on hand for the release of those hostages under terms of this deal.

Trump spoke on the agreement at the White House Cabinet meeting.

Speaker 2

It will be disarming, it will be pulled back, so there'll be a lot of things are happening.

You know, I gave you all the lists of twenty two different things that will have it will take place, and I think it will take place, and I think you could end up with peace in the Middle East, but we have to get our hostages.

Speaker 1

Back, President Trump, speaking at a cabinet meeting.

There is no word yet on whether the parties will agree to a Phase two, which would address long term plans for GAZO.

We go to New York next, where a state attorney general, Letitia James, has been indicted for bank fraud.

James is a longtime foe of President Trump, and she is one of several Democratic state ags who have sued to block the administration's actions.

James is perhaps best known for bringing a civil fraud case against Trump and his family real estate company back in twenty twenty two.

After today's indictment, James took to social media.

Speaker 3

This is nothing more than a continuation of the President's desperate weaponization of our justice system.

He's forcing federal law enforcement agencies to do his bidding, all because I did my job as the New York's Attorney general.

Ease charges are baseless, and the president's own public statements make clear that his only goal is political retribution at any cost.

Speaker 1

That was Letitia James in a video posted to x Incidentally, she pushed back against the charges one count of alleged bank fraud and one count of making false statements to financial institutions.

A federal judge has blocked President Trump's efforts to send hundreds of National Guard troops to Chicago.

The ruling on Thursday halts the president's order for at least fourteen days, and it comes as the administration is challenging a similar ruling by another judge limiting the use of the military in Portland, Oregon.

Trump is attempting to use the National Guard to counter protest against his immigration crackdown in democratic led cities.

The Bureau of Labor Statistics is bringing backstaff to prepare the September Consumer Price Index report.

More from Bloomberg's Charlie Pellett.

Speaker 4

Said the agency was directed by the White House Office of Management and Budget to bring back employees to assemble the report in time for publication by the end of the month.

The data, which was originally scheduled to be released October fifteenth, is key to calculating the size of next year's social Security checks.

The BLS had suspended all operations, including data collection and the production of economic statistics, as a result of the government shutdown in New York Charlie Pellet Bloomberg Radio.

Speaker 1

President Trump renewed his threats of using the federal government shutdown to make cuts to democratic priorities as well as the federal bureaucracy.

The President has repeatedly talked about firing federal workers, as well as withholding back pay for some government employees and cutting funds for programs favored by Democrats.

So far, none of materialized.

The shutdown is now in its ninth day and there is no sign of progress on breaking the stalemate.

House Minority Leader Haakim Jeffrey says Republicans are to blame.

Speaker 5

They've refused to negotiate at every step of the way throughout this year.

They've taken a my way or the highway approach.

They've gone it alone.

And now we find ourselves dealing with this mess of this Republican healthcare crisis, and time has run out.

Speaker 1

House Minority Leader Haakim Jeffrey, speaking earlier to Bloomberg.

Now government workers and military personnel are preparing for missed paychecks and the general public is feeling the effects on everything from taxpayer services to air travel.

Now we are told the Senate has canceled plans for a recess next week to stay in Washington if the shutdown persists.

And that is news when you want it with Bloomberg News.

Now I'm deg prisoner, and this is Bloomberg

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