Bloomberg News Now

Federal prosecutors have launched a criminal investigation into Fed Chair Jay Powell, focusing on renovations at the Federal Reserve. Responses from Senators include calls for a pause on Fed confirmations. Tensions are rising in Iran with protests against the government, as the U.S. considers its response. The situation in Minneapolis has escalated with protests and federal agents deployed after a fatal shooting. Additionally, discussions are underway about revitalizing Venezuela's oil sector and concerns are growing over NATO's military presence in Greenland.

Federal prosecutors have launched a criminal investigation into Jay Powell, the Fed Chair, over renovation issues, igniting reactions from key Senators. Meanwhile, protests in Iran escalate, prompting discussions about U.S. intervention. A federal response to civil unrest following a shooting in Minneapolis is also highlighted. In other news, the Defense Secretary is set to visit aerospace giants, and talks about the rebuilding of Venezuela's oil industry are underway. Finally, the AFC wildcard sees the Buffalo Bills clinch a victory.

The U.S. launches missile strikes in Syria following the tragic deaths of two soldiers. In Minneapolis, thousands protest against police actions after a fatal shooting. Tensions rise in Iran as anti-government demonstrations escalate despite stern government warnings. The podcast discusses Trump's new directive on Venezuelan oil and the resulting security advisory for Americans. It also covers Trump's proposal for capping credit card interest rates and recent updates on housing initiatives. The shocking announcement of Bob Weir's death adds to the day's dramatic news.

Kate Sullivan, a Bloomberg reporter with expertise in Washington politics and energy, shares insights on President Trump's meeting with oil executives to discuss Venezuela's oil potential. She highlights how the White House is framing this strategy as an affordability initiative ahead of the midterms. Sullivan also touches on reports of Venezuelan oil shipments and an anticipated ramp-up in investments from Chevron, emphasizing the administration's focus on security without deploying U.S. troops.

The House has passed a bipartisan measure to extend Affordable Care Act subsidies for three years, but prospects in the Senate look uncertain. A shooting involving CBP agents in Portland raises questions, as local police detail their rapid response to gunshot victims. Tensions continue in Minneapolis after an ICE authorized shooting, with differing narratives on self-defense. Meanwhile, NASA’s Crew 11 returns early due to a medical issue, and President Trump makes headlines by proposing significant mortgage bond purchases to lower housing costs.

An ICE officer shot a woman in Minneapolis during a vehicle altercation, raising questions about self-defense protocols. Trump is proposing a ban on institutional investors from buying single-family homes to enhance housing accessibility. The discussion also covers limits on dividends for defense companies and Trump’s warning to Raytheon regarding their investment strategies. In international news, the U.S. seizes oil tankers linked to Venezuela as plans for controlling oil sales become clearer, potentially funding American agriculture.

Trump claims Venezuela might sell millions of barrels of sanctioned oil to the U.S., sparking uncertainty about the deal's validity. The White House is exploring energy meetings to revitalize Venezuela's oil sector while pressuring for reduced ties with China and Russia. Trump also hints at military options for acquiring Greenland, prompting strong reactions from European leaders. Meanwhile, NVIDIA announces a robust revenue forecast driven by AI demand, while stocks surge on optimism about easier Fed policies.

Gunfire erupts near Venezuela's presidential palace, raising tensions and questions about security. In a surprising twist, Donald Trump proposes funding U.S. companies to rebuild Venezuela's oil sector. Meanwhile, Nicolas Maduro pleads not guilty in New York, maintaining his innocence as he awaits trial. The U.S. frames recent operations in Venezuela as law enforcement, while discussions emerge about a potential shift in policy focus in the Western Hemisphere. Closer to home, Minnesota's governor announces he won't seek re-election amidst investigations.

In a compelling discussion, President Trump advocates for U.S. access to Venezuela's oil to improve its infrastructure. Meanwhile, reactions from Chinese social media highlight potential implications for Taiwan following a high-profile military operation. The podcast also covers North Korea's recent hypersonic missile tests, escalating tensions in the region. Additionally, Swiss authorities investigate a ski resort fire for possible negligence. Lastly, Saks seeks significant financial aid amid leadership changes.

The podcast dives into Nicolas Maduro's controversial arrival in New York after his capture by U.S. forces. It discusses shocking casualties from a U.S. strike on Venezuela, claiming at least 40 lives. Trump asserts that the U.S. is effectively running Venezuela and hints at more military action if needed. Reactions from the Venezuelan diaspora reveal celebrations amid uncertainty over opposition leadership. The UN condemns the attack, while discussions unfold around OPEC's future and implications for the oil market.