Ed Kalegi

News when you want it with Bloomberg News Now, I'm Ed Kalecki.

A man was shot by Secret Service agents near the White House Saturday after he opened fire with a handgun.

The man had been pacing along the street for some time before he approached a Secret Service police checkpoint, pulled a pistol from his bag and began firing indiscriminately at the checkpoint.

Secret Service police officers returned fire striking the suspect who was transported to an area hospital where he later died.

A bystander was also struck during the shooting.

It was not clear whether the bystander was hit by the suspect's initial gunfire or in the exchange that followed.

The suspect was previously known to the Secret Service.

This according to a person familiar with the matter.

He had a prior encounter with authorities near the White House in July 2025 when he was arrested for unlawful entry and

after walking into a restricted area at a pedestrian checkpoint, this according to court records.

President Trump says that a peace deal with Iran has largely been negotiated, and he plans to announce the deal shortly.

Trump wrote in a social media post, in addition to many other elements of the agreement, the Strait of Hormuz will be reopened.

Earlier, Iran said talks on a peace deal with the U.S.

focused on ensuring fighting ends on all fronts are progressing and that other key points of contention would be ironed out at a later stage.

Pakistan and several Arab nations have been pushing negotiations towards a bigger deal.

that would extend a fragile ceasefire that has largely held for six weeks.

Trump met Saturday with advisers at the White House after speaking with several Arab leaders as well as Israeli Prime Minister Benjamin Netanyahu about what he called a memorandum of understanding pertaining to peace.

President Trump's latest financial disclosures shows 3,711 trades, mostly in shares of companies across America, which has drawn scrutiny for its astonishing scale in warnings of insider dealing.

Elena Popina covers U.S.

equities for Bloomberg.