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Chapter 1: What new information was revealed about Jeffrey Epstein's files?
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 Doug Krisner. Today, members of Congress were allowed to review unredacted files on Jeffrey Epstein. Some key lawmakers are now pushing for more information on the sex trafficking probe of Epstein, and they're raising the prospect of new criminal prosecutions.
Republican Thomas Massey and Democrat Ro Khanna said they believe there are six men whose names have not been revealed who could face criminal charges. Massey said he is willing to give the DOJ more time to make their names public.
Chapter 2: What implications do the Epstein files have for lawmakers?
I mean, what we're after is the men who Jeffrey Epstein trafficked women to. We want those names published. We're not out to embarrass people. And the problem is we went in there hoping to see that in 302 forms. What we found out is those 302 forms were redacted before they got to the DOJ.
That is Kentucky Republican Congressman Thomas Massey. Earlier in the day, Ghislaine Maxwell, the convicted accomplice of Epstein, refused to answer any questions from a House panel investigating his activities. She asserted her Fifth Amendment rights. Now, the fallout from the release of the Epstein files is spreading overseas. UK Prime Minister Keir Starmer is facing a call to resign.
Chapter 3: How is the UK Prime Minister responding to the Epstein fallout?
Starmer had been advised to appoint Peter Mandelson as ambassador to the U.S. Later, it was revealed Mandelson had ties to Epstein. Over the weekend, Starmer's chief of staff, Morgan McSweeney, quit, saying he took full responsibility for recommending Mandelson. But today, several of Starmer's cabinet members voiced support for their prime minister.
President Trump said his pick to lead the Fed, Kevin Warsh, can get the American economy to grow at a rate of 15%. Here is Trump speaking earlier to Fox Business.
If our new head of the Fed, who I think is going to be great, and he's a really high-quality person, but if he does the job that he's capable, we can grow at 15 percent. I think more than that.
President Trump speaking earlier to Fox Business. He went on to say that during the search for a new Fed chairman, he wanted a candidate who would lower interest rates.
Chapter 4: What are Trump's predictions for economic growth under Kevin Warsh?
Trump also said he would not have picked Warsh if he advocated raising rates. Alphabet is going global to finance its ambitions on artificial intelligence. The company is raising $20 billion from a U.S. dollar bond offering. This was more than five times oversubscribed. Alphabet is also pitching what would be the first ever offerings in Switzerland and the U.K. Here is Bloomberg's Caroline Hyde.
They're tapping the Swiss market and the sterling market. In fact, they're looking to sell a really rare 100-year sterling bond as well. So Alphabet is out there across every type of part of the debt market.
Chapter 5: How is Alphabet financing its AI ambitions?
That is Bloomberg's Caroline Hyde. Now, the four largest US tech companies are planning to spend a total of $650 billion this year on building out AI infrastructure. Bitcoin traded on either side of $70,000 today after a roller coaster ride at the end of last week.
Today, Fed Governor Chris Waller said the initial optimism that lifted crypto markets after President Trump was elected may now be fading.
These kind of ups and downs in the crypto world have become so common they actually have a name for them, winters. So when you start saying something's a season, you know it's going to be a regular phenomenon. That's part of the game. You get in, you make some money, you might lose some money. That's the nature of the beast in a lot of these things.
Waller was speaking at an event at the Global Independence Center.
Chapter 6: What legal actions is Novo Nordisk taking against Hims and Hers Health?
Now, he went on to say the recent volatility in crypto could be also driven by regulatory uncertainty and risk management moves. Novo Nordisk is suing Hims and Hers Health for making knockoffs of Novo's obesity medicines, even though Hims already scrapped plans to sell a copycat version of Novo's Wagovi pill. Here is Bloomberg's Madison Muller.
Novo is suing on the grounds of patent infringement, which is something we haven't seen before. Novo and Lilly have both filed lawsuits against compounding pharmacies, telehealth companies, med spas that are selling these knockoff versions of the drugs, but they haven't gone after anyone for patent infringement yet.
So this is actually the drug semaglutide, which is the active ingredient in both Ozempic and Wagovi. Novo is saying that HIMSS is violating that patent in the United States.
That is Bloomberg's Madison Muller. We're keeping track of the medal count at the Winter Olympic Games. Italy leads with nine, Japan has seven, and Norway with six. And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner, 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.
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