Dan Schwartzman

The officers could face termination and potential criminal prosecution for lying under oath, which is a serious federal offense.

A review by Immigration and Customs Enforcement and the Department of Justice revealed that sworn testimony provided by the two officers appear to contain untruthful statements.

Rocket and satellite maker SpaceX is considering a dual-class share structure in its planned IPO, which will give select shareholders stock with extra voting power, which would allow them to dominate decision-making.

The move would also allow insiders such as founder Elon Musk to maintain control of the company, even with a minority stake.

SpaceX is seeking to hold an IPO later this year in a deal that could raise as much as $50 billion to fund artificial intelligence data centers in space and a factory on the moon.

President Trump speaking to reporters outside the White House earlier today discussing inflation, Iran, as well as a current relationship between the U.S.

and Venezuela.

That's President Trump.

Despite Republican Senator Tom Tillis holding firm in his vow to block any vote for federal chair until the Justice Department's probe into the Fed's renovation of its headquarters is completed, Treasury Secretary Scott Besson said he expects a hearing on former Fed Governor Kevin Warsh's nomination to lead the central bank to still take place.

Tillis, speaking to Bloomberg TV at the Munich Security Conference, says he isn't going to allow a vote to happen.

That's Republican Senator Tom Tillis speaking to Bloomberg TV at the Munich Security Conference.

Goldman Sachs' top lawyer Kathy Rumler is leaving her position on June 30th after a months-long saga over her previous association with Jeffrey Epstein.

In documents released by the Department of Justice, it was revealed that Rumler had accepted tens of thousands of dollars in gifts from Epstein and had used affectionate nicknames in their interactions.

Goldman Sachs CEO David Solomon continued to defend Rumler.

That's Goldman Sachs CEO David Solomon.

The Pentagon strangely this morning adding Alibaba, BYD, Baidu, and TP-Link technologies to a list of companies that aid the Chinese military, but withdrew it minutes later without explanation.

The companies rejected the inclusion on the list, with Alibaba and Baidu stating they are not military companies and will take legal action to correct the designation.

We get more details from Bloomberg's Mike Shepard in Washington.

That's Bloomberg's Mike Shepard in the nation's capital.

The move roiled the shares to some of the affected companies, with Alibaba down 2% and Baidu down 3%.