Chapter 1: What is the main topic discussed in this episode?
News when you want it. With Bloomberg News Now, I'm Doug Krisner. We begin in Minnesota, where a woman is dead after being shot by an ICE officer during an immigration operation in Minneapolis. Now, the Department of Homeland Security says the officer fired in self-defense as the woman tried to run down officers with her vehicle.
Chapter 2: What happened during the ICE shooting incident in Minnesota?
Here is Homeland Security Secretary Kristi Noem. ICE officers and agents approached the vehicle of the individual in question who was blocking the officers in with her vehicle, and she had been stalking and impeding their work all throughout the day. ICE agents repeatedly ordered her to get out of the car and to stop obstructing law enforcement, but she refused to obey their commands.
She then proceeded to weaponize her vehicle, and she attempted to run a law enforcement officer over. That is Homeland Security Secretary Kristi Noem. Now, Minneapolis Mayor Jacob Fry said the incident was reckless and unnecessary. President Trump is moving to ban institutional investors from buying single-family homes in the U.S.
Chapter 3: What does Homeland Security say about the ICE officer's actions?
This shows the president is attempting to address housing affordability ahead of this year's midterm elections. Now, Blackstone is a major investor in single-family homes in the U.S. Today, its shares were down 5.5%. Here is Meredith Whitney, the CEO and founder of Meredith Whitney Advisory.
Everyone also has to remember that one of Trump's bigger donors and advisors is Steve Schwarzman, one of the co-founders of Blackstone. So I think when whoever put this tweet out, whether it was the president or someone doing it for the president, he quickly got a message, Mr. President, Steve Schwarzman's holding on line one. That's Meredith Whitney of Meredith Whitney Advisory.
On social media, President Trump said he would expand on his housing plan. at the World Economic Forum in Davos, Switzerland, later this month. Also today, the president said he will not permit defense companies to issue dividends or buy back stock. Trump cited excessive pay packages for executives, as well as unsatisfactory maintenance and delivery of military equipment.
Here is Palmer Luckey, founder of Andrel. If I am getting paid by taxpayers, they should have the ability to elect people, elect representatives, elect who will then nominate people who can hold me to account in any way they wish. If they want to say that I only pay myself $5 million until I'm caught up with my schedules, they should be allowed to do that.
Palmer Luckey, founder at Adderall, speaking to Bloomberg at the CES in Las Vegas. Incidentally, shares in the major defense contractors dropped today. Then after the bell, President Trump threatened to cut ties with Raytheon.
Trump said either Raytheon steps up and begins investing in more upfront investments like plants and equipment, or the company will no longer be doing business with the Department of Defense. Separately, Trump said he will request an increase in the U.S. military budget of $500 million. Trump said the increase is necessary in very troubled and dangerous times to build a dream military.
We are told that JPMorgan Chase will be replacing Goldman Sachs as the partner for Apple's credit card business. More from Bloomberg's Charlie Pellett. The source said a deal is expected to be announced soon. It was expected as Goldman Sachs has moved away from consumer lending, a foray generally perceived as having been a failure for the institution best known for its investment banking.
Cupertino, California-based Apple, however, has stood by its bet on consumer-focused financial services, dominating the digital wallet space in New York. Charlie Pellett, Bloomberg Radio. This week, Congress has a chance to show its independence. More from Bloomberg's Amy Morris in Washington.
House and Senate lawmakers are set to vote on several measures that could defy President Trump, including overriding two vetoes and extending Affordable Care Act subsidies. The Senate will vote on a Democratic resolution to limit any further military action in Venezuela without lawmakers' approval.
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