Clinton's Epstein Testimony, Trump Wants Cuba Reliant on US, More
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News When You Want It with Bloomberg News Now. I'm Amy Morris. Former Secretary of State Hillary Clinton is testifying before House lawmakers that she had no knowledge of Jeffrey Epstein's crimes and does not recall meeting him. Chairman James Comer of the House Oversight Committee says they have more questions for the Clintons.
The purpose of the whole investigation is to try to understand Epstein. How did he accumulate so much wealth? How was he able to surround himself with some of the most powerful men in the world?
Now, this is the first of two days of closed door depositions in Chappaqua, New York, that will also include former President Bill Clinton. Hillary Clinton maintains their knowledge of Epstein is, quote, very limited. Bill Clinton is scheduled to appear before lawmakers tomorrow. So now Democrats are demanding President Trump also testify to congressional investigators about his ties to Jeffrey Epstein. Representative Robert Garcia is the panel's top ranking Democrat.
From day one, we have said that we want to talk to anyone, any person with information about Jeffrey Epstein, about his crimes, about how he was able to get so much wealth. So we're happy to be here, and we're glad that both Secretary Clinton and former President Clinton are willing to talk to this committee.
Garcia says the House committee's subpoena to a former president sets a precedent. The Trump administration's move to ease fuel shipments to Cuba's private sector is part of a plan to make the island more reliant on the U.S. for supplies, and that increases Washington's leverage to bring about political and economic change. Sources tell Bloomberg the plan is continuing to take shape, although tensions are running high after a speedboat carrying 10 people approached Cuba's North Shore and opened fire on Cuban soldiers. The soldiers returned fire, killing four people and wounding six others. The U.S. government is still gathering information about that incident. Iran and the United States have now wrapped up another round of indirect talks in Geneva.
Oman says technical-level talks will be held next week in Vienna. Iran's Tasnim news agency says the meeting was limited to a handshake and, quote, basic courtesy. Axios posted on social media that White House envoys Jared Kushner and Steve Witkoff were disappointed by what they heard from Iran in today's meeting. A Pentagon spokesman says the Department of Defense won't let AI company Anthropic dictate limits on how its models can be used. Sean Parnell posted on social media that the Pentagon has no interest in using AI to conduct mass surveillance of Americans, which is illegal. Anthropic's policies prevent their models from being used for those purposes.
What did Hillary Clinton say about her knowledge of Jeffrey Epstein?
The Pentagon gave Anthropic until 5.01 p.m. tomorrow to open up its technology or risk losing its contract and be designated a supply chain risk. NVIDIA suffered its worst stock decline in three months after that company's latest forecast failed to dispel fears of an AI bubble. Investors are seeking stronger assurances that booming AI spending can be maintained, with lingering questions over whether the current AI spending wave can sustain growth beyond the next few years. NVIDIA shares now more than 4.5% lower. And stocks did continue to fall after those NVIDIA results. We check markets for you all day long here at Bloomberg. The S&P 500 down 0.6%, NASDAQ down 1.3%. The Dow, though, little changed on the downside.
The 10-year Treasury yield at 4.02% and the 2-year yield at 3.44%. Bitcoin is down about 1.9%. That's around $67,600. Warner Brothers Discovery reported lower fourth quarter sales and earnings, underscoring the challenges it faces as it looks into competing takeover bids from Paramount and Netflix.
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