Bloomberg Daybreak: US Edition Trump's War on Media Expands; Trump, Xi to Hold Call
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Sep 19, 2025 In a tense media landscape, the president threatens TV networks that criticize him, claiming they should face scrutiny over their licenses. This move raises concerns over media independence as companies seem to bow to government pressure. Meanwhile, Trump and Xi Jinping are set to hold a significant call that could impact TikTok's future in the U.S. and potentially ease trade tensions. Additionally, Trump seeks to remove Federal Reserve Governor Lisa Cook, leading to legal battles in the Supreme Court.
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Kimmel Suspension Sparks Industry Fallout
- ABC suspended Jimmy Kimmel after his joke about reactions to Charlie Kirk's death, prompting White House comments and industry fallout.
- Disney executives met with Kimmel and sources said the show could return as soon as Monday.
Trump–Xi Call Could Shape TikTok's Future
- Trump and Xi's phone call is a pivotal moment that could decide TikTok's U.S. fate and affect broader trade tensions.
- Markets and negotiators will watch closely for signals about a potential in-person meeting and tariff truce.
Legal Fight Over Fed Governor Cook
- The Trump administration is seeking Supreme Court permission to remove Fed Governor Lisa Cook, citing alleged mortgage fraud she denies.
- Lower courts blocked the ouster while Cook remains in her role as the legal fight continues.