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. Five-year-old Liam Ramos and his father are back in Minnesota after being released from an ICE detention facility in Texas following a judge's order. The boy and his dad were detained by immigration agents in Minnesota on January 20th.
Today, Texas Republican Michael McCaul spoke about federal immigration enforcement on CBS Face the Nation.
I still believe the American people want us to remove dangerous, violent criminals from the streets, but they don't want to see these images of children and people being dragged out of their cars and U.S. citizens. Those excessive use of forces cases need to stop.
Meantime, there were protests this weekend across the U.S. over the shootings of American citizens Renee Good and Alex Preddy, both shot by ICE agents. Oklahoma City Mayor David Holt spoke about it on CBS Face the Nation.
We have enforced immigration laws in this country for over a century. ICE has been around for two decades. There was even a previous Trump administration. And in none of those times did you see this level of chaos in our cities.
Oklahoma City Mayor David Holt on CBS Face the Nation. The Senate passed a spending package late Friday to avert a long U.S. government shutdown. The White House and Democrats are continuing to negotiate on placing new limits on immigration raids. Right now, the government is in a partial shutdown. House lawmakers will return to Washington on Monday.
House Speaker Mike Johnson tells NBC's Meet the Press he believes he has the Republican votes to end this partial shutdown.
Well, let's say I'm confident that we'll do it at least by Tuesday. We have a logistical challenge of getting everyone in town. And because of the conversation I had with Hakeem Jeffries, I know that we've got to pass a rule and probably do this mostly on our own. I think that's very unfortunate.
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Chapter 2: What recent events led to the release of Liam Ramos and his father?
Now, ICE still has to pay companies to outfit those buildings with toilets, showers, beds, dining and recreation areas, and then run them as detention centers. A third warehouse in El Paso, Texas, could be among the largest jails in the country with 8,500 beds. ICE plans to use as many as 23 warehouses for detaining thousands of immigrants.
The plans have sparked opposition from local residents and leaders. They're looking into ways to stop them. In Washington, Amy Morris, Bloomberg Radio.
In Ukraine, more than a dozen people were killed on Sunday when a Russian drone struck a bus transporting workers in central Ukraine. Officials say the strike hit civilian infrastructure, burning a bus with people inside. Now, the attack happened as the U.S. tries to mediate peace talks between Moscow and Kiev.
Ukrainian President Volodymyr Zelensky says another round of negotiations will be held this week in Abu Dhabi. Here is Zelensky speaking through a translator.
I have scheduled a meeting for tomorrow to agree on the framework of the conversation and prepare everything. On Monday evening the team will be on its way to the negotiations. Today's Russian attack on a bus is a crime which once again demonstrates that Russia is responsible for the escalation.
That is Ukrainian President Volodymyr Zelensky speaking through a translator. Tomorrow, we'll get quarterly earnings from the data analytics and AI software firm Palantir Technologies. Bloomberg's Tom Busby has a preview.
Palantir expected to show annualized revenue growth above 60% for the second quarter in a row, while the company's net retention rate has been a key driver of growth expectations. but new customer gains for integrating its ontology into large language models has actually lagged behind Anthropic and some other competitors.
Bloomberg Consensus calls for revenue of $1.33 billion on adjusted earnings per share of 23 cents. Tom Busby, Bloomberg Radio.
And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg.
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Chapter 3: How are protests influencing the conversation around immigration enforcement?
You really need to hear these conversations. Sometimes it's behaviorists like Dick Thaler or Bob Schiller. Sometimes it's fund managers like Peter Lynch, Bill Miller, Ray Dalio. Sometimes it's authors, Michael Lewis, author of The Big Short and Moneyball. Regardless of the conversation, these are the folks that move markets each week.
That's the Masters in Business podcast with me, Barry Ritholtz. Listen on Apple, Spotify, or wherever you get your podcasts.