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Chapter 1: What is the main topic discussed in this episode?
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.
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News when you want it, with Bloomberg News Now, I'm Ed Kalecki. Leaders continue to react to the shooting death of a 37-year-old man killed by federal agents this morning in the streets of Minneapolis. The Associated Press said the man who was killed was identified by his parents as Alex Prette, an intensive care unit nurse. This is Minneapolis Police Chief Brian O'Hara.
This is a 37-year-old white male. who is a Minneapolis resident, and we believe he is an American citizen.
Minneapolis Mayor Jacob Frey.
I just saw a video of more than six masked agents pummeling one of our constituents and shooting him to death.
How many more residents, how many more Americans need to die or get badly hurt for this operation to end? Minnesota Governor Tim Walz.
This federal occupation of Minnesota long ago stopped being a matter of immigration enforcement. It's a campaign of organized brutality against the people of our state.
Border Patrol Chief Gregory Bovino called the shooting defensive. Fearing for his life and the lives and safety of fellow officers, a Border Patrol agent fired defensive shots. The Minnesota Timberwolves have postponed tonight's game versus the Golden State Warriors to, quote, prioritize the safety and security of the Minneapolis community.
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Chapter 2: What happened in the Minneapolis DHS shooting incident?
Likewise on subways, we're out there all over the system with our de-icer trains, putting the debris trains in place. We're laying up actual subway trains underground overnight rather than having them in yards in some cases.
Meteorologist Craig Allen on what the Northeast may be facing.
Well, I hope you're finishing up on getting your essentials for what will likely be an extremely challenging winter storm. The snow is going to begin tonight in the D.C. area, then spread up 95 to New York City and Boston and beyond during Sunday afternoon. And all travel will become hazardous, if not impossible.
Chapter 3: Who was the victim of the Minneapolis shooting and what do we know about him?
Thousands of flight cancellations, too. Now, I'm still looking at 6 to 12 inches for the majority of the region. And some places may reach upwards of 18 inches. But a switch to sleet and freezing rain would lower those totals a bit south and east of 95 near the coast. But then you'll have a disruptive ice storm on top of the snow.
And bitter wind chills of 10 to 20 below zero will continue after the storm leaves on Monday. So repairs are going to take longer and the snow will be around for many days.
It's meteorologist Craig Allen. The Federal Emergency Management Agency has halted planned terminations of some temporary disaster relief workers as the major winter storm moves across the country. Bloomberg's Amy Morris reports from Washington.
An internal email instructed FEMA leaders to cease off-boarding certain employees effective immediately, with updated guidance to follow. The affected workers are part of FEMA's cadre of On-Call Response Recovery Employees, or CORE, a temporary workforce hired on one- or multi-year contracts.
The Trump administration has broadly targeted temporary and probationary workers as part of its efforts to shrink the federal workforce. FEMA said in a statement that it was following standard protocol and that news of the staffing cuts being rescinded was manufactured drama. In Washington, Amy Morris, Bloomberg Radio.
Meanwhile, early Saturday, the Mid-Continent Independent System Operator, which runs an electric grid across parts of the Midwest and South, declared an energy emergency alert, too, in its northern and central sections. This means it faces a shortage and needs to reduce energy demand.
In such a situation, MISO is able to get generation that's not usually available and can ask area utilities to encourage customers to conserve. It's one level beneath the highest for emergency situations. President Trump is threatening more sky-high tariffs against Canada. Bloomberg's Monica Ricks explains why.
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Chapter 4: What are the reactions from Minneapolis leaders regarding the shooting?
President Trump's threatening 100% tariffs against Canada on all of its exports to the U.S. if it makes a trade deal with China. Trump says Canada was sorely mistaken for allowing China to increase its imports of electric vehicles and claims China will eat Canada alive for it.
The move comes as Trump and Canada's Prime Minister Mark Carney launched a war of words over the president's takeover plans of Greenland. But it's still unclear what change would mean for how U.S. tariffs apply to any goods traded under the United States-Mexico-Canada agreement. Right now, goods under that trade deal are tariff-free. Monica Ricks, Bloomberg Radio.
That's news when you want it with Bloomberg News Now. I'm Ed Kalecki. This is Bloomberg.
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