Bloomberg News Now
Bondi's Combative Hearing, Columbia Admitted Epstein's Girlfriend, More
11 Feb 2026
Transcript generated automatically by AI and may contain errors.
Chapter 1: What are the business advantages of the UK?
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over Ā£10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
News when you want it with Bloomberg News Now, I'm Amy Morris. Attorney General Pam Bondi was on Capitol Hill today where she launched into a wide-ranging passionate defense of President Trump, repeatedly shouting at Democrats during a combative hearing before the House Judiciary Committee.
Bondi was reprimanded by Democratic lawmakers for the release of files on disgraced financier Jeffrey Epstein, with critics claiming those redactions were excessive and mishandled. Democratic Representative Pramila Jayapal... Will you apologize for what your Department of Justice has put them through with the absolutely unacceptable release of the Epstein files and their information?
Merrick Garland sat in this chair twice. Attorney General Bondi. I'm not going to get in the gutter for her theatrics. Bondi, backed by Republicans on the panel, touted her department's record on enforcement against undocumented immigrants who had been accused of committing crimes.
Columbia University admitted Jeffrey Epstein's girlfriend to its dental school via an irregular process coinciding with fundraising solicitations by former faculty and alumni to Epstein. Epstein paid her tuition and donated at least $50,000 to Columbia in her name. Messages about the admission were revealed in a years-long chain of communication between
between Epstein's camp and senior members of Columbia Dental Faculty. Traders are adjusting their bets on the Fed's next move after a big surprise from the January jobs report. 130,000 new jobs added in the month, twice as many as economists expected, and the unemployment rate ticked down to 4.3 percent. Claudia Somm is a former Fed economist now with New Century Advisors.
My base case is still two rate cuts this year, but we're going to get a lot more information and the Fed is going to watch the labor market extremely carefully.
in terms of how they adjust going forward diane swank chief economist at kpmg says those numbers are even better the more you dig that underemployment rate where you get discouraged workers and those having just got part-time that fell to eight percent from 8.4 in december what we're starting to see is some of the ice melt in the labor market now and things beginning to shift a bit
We need to keep up that momentum. The Fed has since signaled to lenders that it plans to abandon some of the confidential warnings it previously sent them to improve operations as Vice Chair Michelle Bowman continues to relax the central bank's oversight of financial firms.
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Chapter 2: How did Attorney General Pam Bondi defend President Trump?
The two-year yield at 3.51 percent. Bitcoin down 1.6 percent, now around $67,000. The Pentagon has reportedly told a second aircraft carrier strike group. The Wall Street Journal reports the president was weighing sending a second carrier to the Middle East if negotiations with Iran fail.
President Trump says he insisted to Israeli Prime Minister Benjamin Netanyahu during today's White House meeting that negotiations with Iran continue as the U.S. pushes for a nuclear deal with Tehran. In a social media post, Trump called it a very good meeting, but that there was nothing definitive reached.
President Trump's energy chief is in Venezuela meeting with the nation's new leader and assessing its energy infrastructure. Bloomberg's Anne-Marie Hordern is traveling with Energy Secretary Chris Wright. What's the message from the business community? Have they been calling you? Are they excited to come back in? Are they still a little bit concerned?
Chapter 3: What controversy surrounded the release of Epstein files?
It's tremendous, absolutely overwhelming interest to come into Venezuela. You know, Americans are enterprising capitalists. We produce oil and gas all around the world. So, of course, the interest there is tremendous. Energy Secretary Chris Wright speaking with Bloomberg's Anne-Marie Hordern in Venezuela.
The Trump administration plans to appeal a series of court rulings blocking efforts to stop construction of offshore wind farms. Interior Secretary Doug Burgum says offshore wind farms are expensive and they pose a national security threat. If you've got massive radar interference just off our huge population centers.
If you wanted to attack America, you would launch autonomous drones through those things, or you'd launch autonomous submarines because of the sonar interference. And so we just have to wake up. Warfare has changed in the last four years, and we have to be ready to respond to it. Interior Secretary Burgum on Bloomberg surveillance. Supporters of wind energy say those claims are bogus.
The airspace closure over El Paso, Texas, reportedly stemmed from the Pentagon's plans to test a laser for use in shooting down drones used by Mexican drug cartels. The plan caused friction with the FAA, which wanted to ensure commercial air safety. So the FAA shuttered the airspace after the Pentagon wanted to go ahead with the test. It's not clear if that laser was ultimately deployed.
Lindsey Vonn says she had a successful third surgery on her broken left leg after her downhill crash at the Olympics. She had said earlier this week that she had a complex tibia fracture that will require multiple surgeries. We are watching the Winter Olympics medal count. Norway and Italy both have the most medals at 13. The U.S. has 11. Actor James Van Der Beek has died.
He's best known for playing Dawson Leary on Dawson's Creek. Van Der Beek was diagnosed with colorectal cancer in 2023. James Van Der Beek was 48 years old. That's news when you want it with Bloomberg News Now. I'm Amy Morris and this is Bloomberg. As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many.
As one of the world's leading financial centres, the UK puts over Ā£10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research. This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism.
Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth. Hello, I'm Stephen Carroll.
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Chapter 4: How did Columbia University handle Epstein's girlfriend's admission?
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