Monica Ricks

That's a big increase over the $1 trillion he sought for fiscal year 2026.

The president has ordered for Homeland Security workers to get paid as the longest government shutdown in history drags on.

Here's Bloomberg's Ed Kalecki.

The president's also signed an executive order targeting college sports.

It limits the ability for students to transfer schools and oversee collectives that raise money off their name, image, and likeness rights.

The order also calls for a governing body to update these rules, evaluate schools, and protect women's and Olympic sports.

It's likely to face legal challenges.

Meantime, the NCAA men's Final Four take the court tonight for a spot in the national title game.

The women's matchup is already set for tomorrow night after South Carolina beat UConn last night and UCLA top Texas.

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

I'm Monica Ricks and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Monica Ricks.

Iran has shot down a second U.S.

fighter jet, marking a significant escalation as the war in Iran now enters its fifth week.

The U.S.

is also still searching for a second crew member of another downed jet, and former Deputy CENTCOM Commander Vice Admiral Robert Harward says that could affect operations.

Harvard on ABC News.

Iran has offered a bounty for that crew member.

The other pilot was safely rescued.