Chapter 1: What is the main topic discussed in this episode?
News when you want it with Bloomberg News Now. I'm Nathan Hager. Protesters in the Twin Cities are saying the name of the woman shot and killed in a confrontation yesterday with Immigration and Customs Enforcement in Minneapolis.
Public schools in the city have canceled classes for the rest of the week as viral video of the encounter with Renee Good has only added to tensions over ICE operations. Wendy Schiller is a professor of political science at Brown University. We see that Americans want border security. They want legal immigration process, but they don't like Trump's tactics.
Chapter 2: What are the latest tensions in Minneapolis regarding ICE operations?
And I'm talking about, you know, 63 percent or something like that disapprove, including Republicans and independents. Brown University's Wendy Schiller, Vice President J.D. Vance posted on X that goods killing was a tragedy of her own making. Vance will appear at a White House briefing this afternoon. Minneapolis Mayor Jacob Fry says ICE needs to get out of his city.
President Trump is indicating the U.S. could stay in Venezuela indefinitely after the ouster of Nicolas Maduro. The president said only time will tell in an interview with The New York Times. But oil traders are jockeying for position as we hear from Bloomberg's Alexander Pearson. Venezuela has not been a great prospect in terms of investments for many decades.
And even now, with the removal of President Maduro, His allies are still in office. The country is still in a very uncertain political environment. It's not clear where it's going to go, when the next elections are going to happen. Bloomberg's Alexander Pearson reporting.
Energy Secretary Chris Wright told Fox Business ConocoPhillips and ExxonMobil are among companies looking for ways to help rebuild Venezuela's energy. President Trump plans to meet with energy executives at the White House tomorrow. French President Emmanuel Macron is accusing the US of breaking international law.
He spoke to a group of French ambassadors in Paris about the strike on Venezuela and the president's renewed talk about taking over Greenland. We get more on that from Bloomberg's Joe Doe. Our president is a little loose with his words, but European officials still kind of Act in the way that typical Western officials have since post-World War II, right?
Which is we take words seriously regardless of whether or not they're just an empty threat or not.
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Chapter 3: How does public opinion reflect on Trump's immigration tactics?
Bloomberg's Joe Doe reports U.S. officials are rushing to come up with business deals and other options to shore up Greenland links. Secretary of State Marco Rubio plans to meet with Danish officials next week about U.S. plans for their Arctic island. Defense stocks are soaring, with President Trump saying he wants to boost the military's budget from $1 to $1.5 trillion.
More on that from Bloomberg Government's Mika Solner. He explained in his Truth Social post that he put yesterday that he wants to build this dream military. So this has been a big push for the administration. He's got three years to do it. I think he wants to get one final huge ask through Congress here while Republicans remain in total control in Washington.
Bloomberg government's Mika Solner reporting right now defense stocks are outperforming the broader market. Shares of Northrop Grumman are up 4%. Lockheed Martin's up 5.5%. RTX is up 1.5%. While the S&P 500 is down 0.1%. The Nasdaq Composite is down 0.7%. and the Dow Jones Industrial Average is holding on to a four-tenths of one percent gain.
The White House is reportedly working on an executive order that would make it easier to tap into retirement and college savings accounts to put a down payment on a home. That's after President Trump posted on social media he'll ask Congress to ban institutional investors from buying single-family houses. Bloomberg Government's Jonathan Tamari reports that raises some questions.
Will that stand up legally? Will he need approval from Congress? And how much housing do they really own? If you look at the overall market... It's a relatively small amount that's owned by these big institutional investors. Still, Bloomberg government's John Tamari says the idea may have bipartisan appeal.
California's Democratic Governor Gavin Newsom plans to announce a crackdown on corporate landlords in his state today. The House is expected to vote on a three-year extension of expired Obamacare tax credits.
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Chapter 4: What is the current political situation in Venezuela after Maduro's ouster?
The Congressional Budget Office says that would cost $80.6 billion over a decade. New York Governor Kathy Hochul has announced a new investment to make child care free for all two-year-olds in New York City. She made the announcement alongside the city's new mayor, Zoran Mamdani. The families have been crying for help.
Whether you live in Flatbush or you live upstate in the Finger Lakes, this is something every family can agree on. The cost of child care is too damn high. Governor Hochul's announcement fulfills part of Mamdani's campaign promise of universal care from six months to five years.
The group New Yorkers United for Child Care estimates providing it to two-year-olds will cost about $1.3 billion a year. And that's news when you want it with Bloomberg News Now. I'm Nathan Hager. This is Bloomberg.