Dan Schwartzman

News when you want it with Bloomberg News Now, I'm Dan Schwartzman.

President Trump's board of peace set up to secure an end to the war in Gaza met today for the first time in Washington.

Trump says the board received roughly $17 billion in pledges toward humanitarian and reconstruction efforts in Gaza, with the U.S.

contributing $10 billion.

The president also announcing that more than a half dozen countries have promised personnel toward a stabilization force in the Palestinian enclave.

Trump also says that son-in-law Jared Kushner will be a, quote, envoy of peace, and also talked about the conflict with Iran and that the Islamic Republic cannot be allowed to go nuclear.

Meanwhile, oil is jumping on the reports that the U.S.

may be edging closer to war with Iran than many Americans might think.

We get more details from Bloomberg's David Gurra.

That's Bloomberg's David Gura.

West Texas Intermediary is currently trading at close to $66.50 a barrel.

Former Prince Andrew, the brother of King Charles III, was arrested on suspicion of misconduct in public office after further details emerged about his relationship with convicted sex offender Jeffrey Epstein.

We get more with Bloomberg's Louise Moon in the UK.

That's Bloomberg's Louise Moon.

Michelle Hussain, host of Bloomberg's The Michelle Hussain Show, gives more details into what the British police may be looking for.

That's Bloomberg's Michelle Hussain.

Federal Reserve Bank of Minneapolis President Neil Kashkari says recent comments by National Economic Council Director Kevin Hassett, which were critical of a New York Fed study on tariffs, undermines the central bank's independence.

Kashkari says the comments were, quote, just another step to try to compromise the Fed's independence.

Hassett had called the study, which showed U.S.

companies were bearing most of the burden from President Trump's tariff hikes, an embarrassment.