DOJ Investigating MN Leaders, NASA Begins Artemis Rollout, More
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What is the main topic discussed in this episode?
News when you want it with Bloomberg News Now. I'm Monica Ricks. The Justice Department is investigating whether Minnesota Governor Tim Walz and Minneapolis Mayor Jacob Fry have impeded federal immigration enforcement through public statements they've made. The investigation is focused on potential violation of a conspiracy statute and comes during a weeks-long immigration crackdown in Minneapolis and St.
What is the DOJ investigating regarding Minnesota leaders?
Paul that's resulted in more than 2,500 arrests. The operation escalating after the fatal shooting of Renee Good. Minnesota Attorney General Keith Ellison.
You have the right to protest, but protest smart and protest in a disciplined manner. And for the most part, I've seen people doing exactly that.
For now, President Trump says he's holding off on sending in the National Guard. Meantime, a judge has ruled ICE agents in Minneapolis can't pull over, detain, or use tear gas against peaceful protesters, including those who aren't obstructing operations. Thousands of people have been watching federal agents' activities since early December. Government attorneys have called them rioters and terrorists, arguing officers have a right to enforce immigration laws and protect themselves. The White House has released the names of some of the leaders who will play a key role in overseeing next steps in Gaza and confirmed they met for the first time in Cairo yesterday, pledging to get to work quickly. Leaders expect reconstruction and recovery in the region to take about three years.
A new study in the journal Lancet finds no link between Tylenol used during pregnancy and neurodevelopmental disorders in children. Researchers say they combed through data in dozens of studies with detailed exposure to acetaminophen and say despite strongly held beliefs in the Trump administration, they couldn't find a link between the pain reliever and autism, ADHD or hyperactivity. OBGYNs often recommend Tylenol for pain or fevers while pregnant. Wall Street lost its steam to end the week over concerns about who President Trump plans to nominate to lead the Federal Reserve after signaling it may not be his top economic advisor, Kevin Hassett.
I actually want to keep you where you are if you want to know the truth.
Treasuries dropped and the S&P 500 struggled to gain traction, finishing lower for the week. By the way, Treasury Secretary Scott Besson says he does expect the president to make his pick for Fed chair soon.
We've run a process, and it will be the president's decision in the next couple of days or weeks. I'd expected that we would here have a decision either before he leaves for Davos or when he returns.
Besson on Fox Business. He says BlackRock's chief investment officer Rick Reeder and Fed governors Kevin Warsh and Christopher Waller are still on Trump's short list. President Trump could make another affordability push. Bloomberg's Ed Kalecki explains.
The White House is weighing an executive action to enact President Trump's call for a cap on credit card interest rates, in addition to other measures seeking to ease U.S. affordability challenges. The plan, which is still being crafted as administration officials discuss the terms with industry and Congress, is designed to lower interest rates on credit cards as part of a broader push to reduce costs for Americans. Trump's action may also call on regulators to relax certain liquidity standards to help make the plan more attractive for the banks.
Cheap electric engine cars made in China are coming to Canada soon after the two countries inked a new trade deal this week easing trade barriers. Canada will allow 49,000 low-priced EVs to be imported each year in exchange for lower tariffs on Canadian farm products and lobsters. U.S. regulators have granted Tesla a five-week extension to start addressing a defect investigation in its cars violating traffic laws while in self-driving mode. Bloomberg's Charlie Pellett reports.
The agency opened the investigation in October, citing dozens of instances where Tesla's ran red lights, drove in the wrong direction, or committed other failures.
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