Bloomberg News Now June 19, 2025: Court Allows Trump's National Guard Use, US Weighs Iran Strike, More
Jun 20, 2025
Political tensions escalate as a ruling permits President Trump to oversee National Guard deployment amid immigration protests. The complex relationship between the U.S. and Iran comes into focus with discussions on nuclear ambitions and alliances. Economic implications are also examined, including the Bank of England's rate decisions and the fallout from recent tech failures, such as a costly outage for a UK retailer. The conversation dives into workplace efficiency and how proactive measures can mitigate the impact of technology glitches.
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Trump's National Guard Control Upheld
- The court ruled President Trump can keep control of National Guard troops deployed in LA without state approval.
- This marks the first presidential deployment of state National Guard troops without a governor's consent since 1965.
US Mulls Iran Strike Decision
- President Trump plans to decide within two weeks whether to strike Iran amid rising tensions.
- Israel and Iran exchanged attacks, escalating conflict risks in the Middle East.
Trump Slams Fed Amid Market Jitters
- Trump criticized the Fed's high interest rates, calling Powell "dumb and destructive".
- The Fed's rate hold amid economic downgrade adds to market anxiety, especially with Middle East tensions.