Chapter 1: What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now, I'm Doug Krisner. President Trump will refrain from imposing tariffs on goods from those European nations opposed to his effort to take possession of Greenland. Earlier today in a post on Truth Social, Trump cited a framework on a future deal reached with NATO.
This followed a meeting with NATO Secretary General Mark Rutte at the World Economic Forum in Davos. Later in the day, Rutte explained the Greenland framework. On Fox News, Rutte said the talks with Trump did not include Danish control of Greenland.
That issue did not come up anymore in my conversations tonight, Mr. President. He very much focused on what do we need to do to make sure that that huge Arctic region, where change is taking place at the moment, where the Chinese and Russians are more and more active, how we can protect that. That was really the focus of our discussions.
That is NATO Secretary-General Mark Rutte speaking earlier on Fox News. President Trump's decision on a candidate to be the next Fed chair is near conclusion. The list includes finalists like BlackRock's Rick Reeder, NEC Director Kevin Hassett, Fed Governor Chris Waller, and former Fed Governor Kevin Warsh.
Today, Treasury Secretary Scott Besson said the president would reach a decision next week. Trump talked about his process today with CNBC on the sidelines of the World Economic Forum in Davos.
I'd say we're down to three, but we're down to two. And I probably can tell you we're down to maybe one in my mind. But I will say this is very impressive. Yeah, he's been there because for a while the betting markets had wars in the league. Rick is very good. They're all good. You know, all three are good. All three would be, I think, good.
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Chapter 2: What is the significance of the Greenland deal discussed by Trump?
The ayes have it. Pursuant to this vote, the committee hereby favorably reports and adopts this report recommending that the House of Representatives find William J. Clinton in contempt of Congress for refusal to comply with the subpoena duly issued by this committee.
That is House Oversight Committee Chair James Comer. Now, this contempt charge will next head to the House floor for a full vote. Passage would set up a referral to the DOJ, which then would have to decide whether to prosecute. On Thursday, U.S. Special Envoy Steve Witkoff and Trump's son-in-law Jared Kushner will be traveling to Russia.
They are set to talk with President Vladimir Putin on the latest proposals for a peace plan to end the war in Ukraine. And at the same time, President Trump said he's planning to meet with Ukrainian President Volodymyr Zelensky on Thursday in Davos. Trump said he believes Ukraine and Russia are at a point where they can come together and get a deal done.
Here is Witkoff speaking earlier to Bloomberg at the World Economic Forum in Davos.
Me at the president, with Jared at the president's direction, while working so hard for the peace, we hope that'll occur.
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Chapter 3: What framework did Trump propose regarding Greenland?
We think people, you're right, are suffering on both sides. It's cold there. And not to have heat is terrible. And we've got to correct all of these things. But a peace deal corrects it. And the president is focused on that peace deal. It's a very, very important part of his agenda.
That is U.S. Special Envoy Steve Witkoff speaking to Bloomberg at the World Economic Forum in Davos, Switzerland. OpenAI CEO Sam Altman has been meeting with top investors in the Middle East to line up funding for a new investment round. We are told OpenAI is looking to raise $50 billion or more in this round, and that would give the company a valuation of between $750 billion and $830 billion.
And that is News When You Want It with Bloomberg News Now. I'm Doug Krisner, and this is Bloomberg.
Today's show is brought to you by Vanguard. To all the financial advisors listening, let's talk bonds for a minute. Capturing value and fixed income is not easy. Bond markets are massive, murky, and let's be real, lots of firms throw a couple flashy funds your way and call it a day. But not Vanguard. At Vanguard, institutional quality isn't a tagline. It's a commitment to your clients.
We're talking top-grade products across the board of over 80 bond funds. actively managed by a 200-person global squad of sector specialists, analysts, and traders. These folks live and breathe fixed income. So if you're looking to give your clients consistent results year in and year out, go see the record for yourself at Vanguard.com slash audio. That's Vanguard.com slash audio.
All investing is subject to risk. Vanguard Marketing Corporation Distributor.
Donald Trump is rewriting the Washington rulebook and reshaping the global economy. If you're trying to connect the dots behind the headlines, Bloomberg's Trumponomics podcast is here to help. I'm Stephanie Flanders, head of government and economics at Bloomberg. Every week I'll bring you a smart, focused conversation with reporters and experts from Washington, Wall Street and beyond.
Listen to new episodes every Wednesday and follow Trumponomics wherever you listen.
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