Ed Kalecki

That's the lowest since last January.

FCC Chairman Brendan Carr sees legitimate competition concerns in Netflix's proposed acquisition of Warner Bros.

Discovery Studios and streaming businesses, concerns he doesn't share if Paramount Skydance were to acquire those assets.

The FCC, which regulates broadcast TV licenses, doesn't have jurisdiction over the Netflix deal.

Carr said there is a scenario in which the commission might have to review a Paramount-Warner Brothers combination because Paramount, owner of the CBS TV network, plans to raise money from foreign sources.

The Friday number is on Wall Street.

The Dow, it lost 285.

NASDAQ gained 65.

The S&P up two.

The 10-year Treasury yield is at 4.23%.

The two-year yield at 3.59%.

That's news when you want it with Bloomberg News Now.

I'm Ed Kalecki.

This is Bloomberg.

The candidacy of BlackRock's Rick Reeder to be the next Federal Reserve chair has gained late momentum as President Trump weighs congressional blowback in his bid to put a friendlier face at the head of the central bank.

Trump's interview Thursday with Reader went well.

Key senators such as Republican Banking Committee member Tom Tillis have warned that Trump's Fed picks will get more scrutiny after the Justice Department subpoenaed the Fed last week over statements by Chair Jerome Powell related to a renovation project at the bank's headquarters.

Ed Kalecki, Bloomberg Radio.

The candidacy of BlackRock's Rick Reeder to be the next Federal Reserve chair has gained late momentum as President Trump weighs congressional blowback in his bid to put a friendlier face at the head of the central bank.

Trump's interview Thursday with Reader went well.