Episode Transcript
News when you want it with Bloomberg News Now, I'm Doug Prisner.
President Trump is calling for a group of Democratic lawmakers to be put on trial for sedition now.
Trump was reacting to a video released by those Democrats that told members of the intelligence community and the military to disobey orders that would violate the law.
Later, in a post on truth Social Trump suggested the lawmakers should face the death penalty.
Trump also reposted another user's statement that called for hanging Democrats.
Here, as White House Press Secretary Caroline Levitt, they are.
Speaker 2Literally saying to one point three million active duty service members not to defy the chain of command.
Every single order that is given to this United States Military by this Commander in Chief and through this chain of command through the Secretary of War is lawful.
We are following the laws.
We don't defy court orders.
We do things by the books.
And to suggest and encourage that active duty service members to by the chain of command is a very dangerous thing for sitting members of Congress to do, and they should be held accountable.
And that's what the President wants to see.
Speaker 1That is White House Press Secretary Caroline Levitt.
President Trump is expanding tariff breaks for Brazilian food products.
Dozens of popular items would be exempted from a forty percent levee imposed on goods from Brazil earlier this year.
Now, this move could help bring down prices for things like coffee, orange juice, and beef at a time of growing US voter dissatisfaction over the cost of living.
In a post this evening on social media, Brazilian President Lula thanked Trump for the tariff relief, but only partially.
We move next to the war in Ukraine.
President Voladimir Zelensky said he has agreed to work on a peace plan drafted by the US and Russia to end this conflict now.
The proposal includes demands for Ukraine to seed territory and for the removal of sanctions on Russia.
Now Ukraine has repeatedly called both unacceptable.
Zelensky is expecting to speak with it and Trump about these proposals.
Here is Mara Rudman, former senior White House security official.
Speaker 3It is essentially the twenty twenty two Russia Plan that it is drafted by the United States and Russia.
So drafted by one of the parties to the conflict and then presented to the other not exactly a prescription for forward movement.
Speaker 1That is Maura Rudman, former senior White House security official.
Now, according to one of our sources, Zelensky did receive signals from the US that he should accept this deal.
Netflix, along with Comcast and Paramount's guidance, have all submitted their bids for all or parts of Warner Brothers Discovery.
The New York Times says these submissions met Warner's Thursday deadline.
Now, Comcast and Netflix are mostly interested in the film and TV library.
Earlier, Bloomberg reported Netflix is even willing to give up opposition to releasing movies in theaters if it were to acquire the studio and the library.
Now Paramount is willing to buy all of Warner Brothers in looting it's cable channels like CNN, TNT, and the Cartoon Network.
Verizon is laying off more than thirteen thousand employees, and this will shrink Verizon's non union workforce by as much as twenty percent.
The bulk of the affected employees will be taken off Horizon's payroll by the end of the year.
Here is Bloomberg analyst John Butler, If.
Speaker 4You're cutting thirteen percent of the workforce.
There's a big cost savings there, so you're getting leaner on the expense line, which gives you a little more room on the revenue line to begin to promote more and really step up in match competitors like T Mobile, which continue to be aggressive on price.
And then at the lower end, of course, you've got the cable operators and their wireless brands, and they have been promoting very hard on price in order to drive up their wireless installed base.
Speaker 1That is Bloomberg analyst John Butler.
Now Verizon will make available a twenty million dollar fund to help employees learn new skills that would include retraining for a job market impacted by the rise of artificial intelligence.
New York City Mayor elect Zoron Mumdani will be meeting with President Trump at the White House tomorrow.
We have more from Bloomberg's Amy Morris in Washington.
Speaker 5Mom Donnie has an agenda for his long awaited meeting with President Trump.
Speaker 6I have many disagreements with the President, and I believe that we should be relentless and pursue all avenues and all meetings that could make our city affordable for every single New York.
Speaker 5New York Republican Congressman Andrew Garbarino tells balance of power, the president needs to flex his muscle.
Speaker 7I hope the President makes clear to the mayor that his past anti police rhetorick.
He can't act this way.
It's mayor, and if he does anything that makes New York less safe, the President has my support in doing what he needs to do and making sure it stays safe.
Speaker 5The meeting comes after the Trump administration reviewed canceling or suspending funds that benefit New York City.
In Washington, Amy Moore as Bloomberg.
Speaker 1Radio, negotiations between the Trump administration and Harvard University are close to an end.
The White House had attempted to freeze nearly three billion dollars in federal research grants to Harvard, citing concerns over anti semitism and liberal bias on campus.
Well that prompted the university to sue the Trump administration, arguing that the funding freeze was unconstitutional and that it amounted to an abuse of executive power.
Here is Education Secretary Linda McMahon.
Speaker 2Their ongoing negotiations, and I feel very comfortable that we are getting close to having those negotiations finalized.
Speaker 4It's been open door conversation all along.
Speaker 1That is Education Secretary Linda McMahon.
Now, the administration's demands include, shuddering diversity, equity and inclusion programs.
And that is news when you want it.
With Bloomberg News Now, I'm Doug Prisner, and this is Bloomberg
