Bloomberg News Now October 31, 2025: Judges Order Trump to Pay SNAP, Huang Completes Share Sale, More
Nov 1, 2025
In this episode, Bloomberg Radio reporter Amy Morris dives into the recent ruling that compels the Trump administration to restore SNAP benefits, shedding light on the political response from lawmakers like Hakeem Jeffries. She also covers the uncertainty surrounding alleged military strikes in Venezuela amid conflicting reports and Trump's denial. Additionally, Jensen Huang's massive NVIDIA share sale and the impact of FAA staffing shortages on U.S. air travel are discussed, painting a picture of current market and political dynamics.
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Courts Push To Keep SNAP Funded
- Two federal judges found the Trump administration's suspension of food aid during the shutdown likely unlawful.
- Judges urged using contingency funds and other federal sources to keep benefits flowing for November.
Jeffries Praises Rulings, Seeks Negotiation
- House Minority Leader Hakeem Jeffries praised the rulings and said contingency funds exist to prevent hunger.
- Jeffries added Democrats have always been ready to negotiate with Republicans.
Huang Finishes Billion-Dollar Share Sale
- NVIDIA CEO Jensen Huang completed a pre-planned sale exceeding $1 billion, finishing a program begun in March.
- The stock's 40% rally since June made the sale far more valuable than when it started.