Bloomberg Daybreak: US Edition US Seeks to Control Ukraine Investment; Hegseth Faces Signal Breach Questions
Mar 28, 2025
The U.S. aims to control investment in Ukraine, seeking a dominant role in infrastructure and minerals amidst conflict with Russia. Defense Secretary Pete Hegseth faces scrutiny over a leaked military chat, raising concerns about national security. Meanwhile, Elon Musk claims he can identify a trillion dollars in budget cuts within 130 days of Trump's term, challenging government efficiency. As these geopolitical tensions unfold, issues like inflation and trade difficulties with China provide a backdrop to the ongoing drama.
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Putin Proposes UN-Led Administration for Ukraine
- Putin proposes a UN-led transitional administration in Ukraine to oversee democratic elections.
- He suggests this would pave the way for a viable government and peace treaty negotiations.
Hegseth Faces Signal Breach Questions
- Defense Secretary Pete Hegseth shared an attack timeline for Yemen via Signal, including with a journalist.
- He faces calls to resign and a judge ordered preservation of related Signal communications.
Musk's Trillion-Dollar Savings Claim
- Elon Musk claims he can cut $1 trillion from the federal budget by the end of May.
- However, his team's figures show only $22 billion in contract savings, and legal setbacks hinder progress.