Bloomberg Surveillance Bloomberg Surveillance TV: October 9th, 2025
Oct 9, 2025
Hakeem Jeffries, House Minority Leader from New York, discusses the U.S. government shutdown and the essential negotiations with Republicans around healthcare policy. Israel's Ambassador to the UN, Danny Danon, shares updates on the Israel-Gaza war and the prospects for regional diplomacy and hostage negotiations. Richard Bernstein, Chief Investment Officer, encourages diversification in equities amid evolving market trends, while Vincent Reinhart, Chief Economist, highlights the Federal Reserve's cautious stance and reliance on alternative data during the shutdown.
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Health-Care Crisis Is Central To Talks
- Hakeem Jeffries says Democrats will negotiate anytime to reopen government but demand Republicans address a health-care crisis.
- He stresses urgency to extend Affordable Care Act tax credits before open enrollment begins.
Negotiate Before Expecting Support
- Jeffries urges Republicans to sit down and negotiate rather than demand unilateral support for their spending bill.
- He advises any bipartisan proposal must meaningfully protect working- and middle-class Americans' health care.
'Clean' CR Not So Clean, Says Democrats
- Jeffries rejects framing the current measure as a 'clean' continuing resolution because the House GOP bill contains harmful cuts.
- He highlights $500 million cuts to law-enforcement grants as a key objection.