Lawler Wants Trump Apology for Racist Post, Japan Election, More

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What is the main topic discussed in this episode?

Unknown 0:00
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £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.
Monica Ricks 0:29
News when you want it with Bloomberg News Now. I'm Monica Ricks. More Republicans are calling for President Trump to apologize for posting a racist video on social media this week of the Obamas. New York Congressman Mike Lawler says he's disappointed in the White House for releasing it and refusing to own up to its mistake.
Mike Lawler 0:46
Whether it was intentional or a mistake, the fact is it's wrong, and we should all just be able to acknowledge that and move forward.
Monica Ricks 0:56
Lawler on ABC's This Week. That video's since been deleted, but President Trump has said he won't apologize. Midterm elections are now less than nine months away, and Democrats are worried Trump may try to undermine results if it means GOP losses. California Senator Adam Schiff also talked to ABC and says he fears another insurrection.
Adam Schiff 1:16
The best protection we have is to mobilize the largest voter turnout in U.S. history to so overwhelm the vote and get the kind of margins we saw in Texas last
Monica Ricks 1:28
That district he's talking about had been a reliably Republican state Senate district in Texas that Trump won by 17 points in 2024. Democrats flipped it last weekend. Then days later, the FBI raided Fulton County election headquarters in Georgia over Trump's 2020 election loss. Democrats are now questioning the timing of that raid since votes there had been counted multiple times and several courts ruled there was no interference. ICE's top lawyer in Minnesota has resigned. The New York Times reports Jim Stolle never publicly addressed the circumstances of his departure, but says it comes as the state deals with a crush of litigation stemming from the Trump administration's aggressive immigration crackdown in the state.
Monica Ricks 2:09
He reportedly told a judge that the number of lawsuits filed by recently detained immigrants had become unmanageable. Meantime, White House Border Czar Tom Homan says he'd like to draw down the surge of ICE agents in Minneapolis over the next two weeks.
Tom Homan 2:23
I came here, President Trump asked to come here, and we're going to do it smarter. We're going to do it better.
Monica Ricks 2:28
Homan, speaking to ABC affiliate KSTP in Minneapolis, he says he'll need more cooperation from state and local leaders to do it. Exit polls show Japan Premier Sanae Takeuchi's ruling Liberal Democratic Party is on track now to win a majority in a lower House vote. She currently holds a razor-thin majority in the chamber, and analysts say a win would be a clear mandate from Japanese voters for spending and investment plans. Iran's President Massoud Pazeshkian described Friday's nuclear talks with Washington as a step forward and insists that the Islamic Republic's not pursuing nuclear weapons. President Trump has threatened strikes on Iran over its crackdown on protests, as well as its nuclear ambitions.
Monica Ricks 3:10
He says more talks are expected this week. Hims and Hers says it'll stop selling a copycat version of Wegovy's new weight loss pill just two days after launching it. The decision follows the FDA's announcement this week that said it was cracking down on imitation weight loss treatments.

What controversy is surrounding President Trump's recent social media post?

Monica Ricks 3:26
Novo Nordisk, which makes Wegovy, had also threatened to take action. Block is making job cuts now in a big efficiency push. Bloomberg's Ed Kalecki has details.
Ed Kalecki 3:36
Jack Dorsey's Block has been notifying hundreds of employees that their jobs may be eliminated during annual performance reviews as the payments firm embarks in a broader business overhaul. Up to 10% of Block's workforce is at risk of being cut. The company had fewer than 11,000 employees as of late November. Block has been retooling its business model and staffing since 2024 when it reorganized reporting lines and outlined a plan to operate more efficiently.

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