Episode Transcript
News when you want it with Bloomberg News Now, I'm in keleggy.
Representative Marjorie Taylor Green of Georgia, a once loyal supporter of President Trump who has become a critic, said Friday nine she is resigning from Congress in January.
Green, in more than a ten minute video posted online, explained her decision.
Hi, everyone, I've always represented the common American man and woman as a member of the House of Representatives, which is why I've always been despised in Washington, d C.
Speaker 2And just never fit in.
Speaker 1Green's resignation followed a public fallout with Trump in recent months, as the congresswoman criticized him for his stance on the files related to Jeffrey Epstein, along with foreign policy and healthcare.
She said her last day would be January.
Fifth.
Supreme Court Justice Samuel Alito temporarily restored a Republican drawn congressional map in Texas, acting little more than an hour after the state in its GOP leaders sought emergency intervention.
Alite host late Friday order, which offered no explanation applies until either he or the full Court axe again.
He signaled quick action, asking for opponents of the map to file a response by Monday.
A lower court said this week that the map drawn at President Trump's behest was probably an unconstitutional racial gerrymander.
President Trump says he wants to see Zora on mom Donnie succeed saying after a highly anticipated sit down, that he would feel very comfortable living in a New York run by the mayor elect, and that he does not anticipate cutting off funding for the country's most populous city.
No, I don't expect.
I expect to be helping him, not hurting him, A big help because I want New York City to be great, the President added, he was surprised by the mayor elect.
Speaker 3We had a.
Speaker 1Meeting today that actually surprised me.
He wants to see no crime, he wants to see housing being built, he wants to see rents coming down, all things that I agree with.
The meeting was the first between the two leaders, who have clashed publicly over their political agendas, but are seeking to determine if they can work together.
Their talks on high stakes for the government of the capital of global finance and for their respective political parties.
Ahead of next year's midterm elections.
US officials are having early discussions on whether to let Nvidia sell its H two hundred artificial intelligence chips to China.
This according to people familiar with the matter.
Megan O'Sullivan, former Deputy National Security Advisor under the George W.
Bush administration, says possible deals like this concern Washington.
Speaker 2Some of this goes to how far ahead you think China is.
Is it actually very close to reaching or matching the US capability when it comes to these chips and it comes to the development of AI, And if you think it is right on America's heels, then maybe you think allowing them to import very high end chips is not going to change the landscape very much.
Speaker 1You can hear more from Megan O'Sullivan on the Bloomberg Balance of Power podcast.
President Trump's team has held internal talks about H two hundred chip shipments in recent days.
No final decision has been made.
If approved, the H two hundred move would constantly to significant easing of US trade restrictions designed to curtail China's prowess and artificial intelligence.
Boston Fed President Susan Collins is a guest on the latest edition of the Bloomberg Oddlots podcast, where she discusses the path forward for the FED.
Speaker 3If we were seeing evidence, if I were seeing evidence that the labor market were notably deteriorating, I would take that very seriously, and that certainly could justify, you know, mere term additional easing, and so careful to kind of qualify my statements based on what I'm seeing at the moment that it is based on balancing risks.
Speaker 1That's Boston FED President Susan Cullins.
Get the full conversation on the Bloomberg Oddlots podcast downloaded wherever you get your podcasts.
President Vladimir Zelenski says Ukraine risks losing its key partner after the US threatened to cut off support unless Kieve agrees to a peace deal that would force it to seed territory to Russia, cap the size of its military, and pledge never to join NATO.
In a video addressed to his nation on Friday, after he was presented with a twenty eight point piece plan drafted by the US and Russia, Zelenski said Ukraine may face a hard choice either the loss of our dignity or the loss of our key partner.
Kiev's biggest European allies have lined up with Zelenski to push back against the elements of the plan which would force Ukraine to give up large chunks of territory taken by Russia, acceding to many of President Vladimir Putin's wartime demands.
Billionaire investor Bill Ackman is preparing a public listing of his hedge fund company, Pershing Square Capital Management, in a stock market debut that could come early next year.
Akman had told some existing investors in his twenty one billion dollars in assets hedge fund and begun speaking with advisors about the listing plans.
There's some two people briefed on the matter.
The listing could come as early as the first quarter of twenty twenty six.
The people cautioned, though that the talks were at a preliminary stage and could ultimately be delayed or not lead to a public offering, depending on market conditions.
Pershing Square declined to comment.
The Friday numbers on Wall Street, the Dow added four ninety three, that's just over one percent.
Nasdaq was up one ninety five, The S and P gained sixty four.
The ten year treasury yields at four point zero six percent, the two year at three point five zero percent.
That's news when you want it with Bloomberg News.
Now I'm in Kleggy.
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