Nathan Hager

President Trump ended his first term with $7.8 trillion in added debt

The 2027 proposal should give an update to 10-year deficit projections that currently stand around $16 trillion.

President Trump may be considering another major change to his cabinet.

The New York Times is among outlets reporting the president's discussed firing Attorney General Pam Bondi.

We get that story from Bloomberg's Monica Ricks.

Bloomberg's Monica Ricks notes the president's made just one cabinet shift in his second term, replacing Kristi Noem with Mark Wayne Mullen as Homeland Security Secretary.

The latest report on layoff notices is out from Challenger Gray and Christmas.

We get that from Bloomberg's Michael McKee.

Bloomberg's Mike McKee says that 60.6 thousand number is up more than 24 percent from February.

He says these are layoff notices.

It doesn't mean the layoffs have actually happened.

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

I'm Nathan Hager.

This is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Nathan Hager.

And I'm Alexis Christophorus.

Here are the stories we're following today.

Alexis, we begin with a major speech from President Donald Trump as the U.S.

war with Iran nears the end of the five-week mark.