New CEO Close for Disney, Partial Shutdown Timeline, More
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News when you want it with Bloomberg News Now, I'm Doug Krisner. The board of Walt Disney is aligning on promoting theme park division chairman Josh DeMauro to the role of CEO. Now, DeMauro has led the unit that has delivered most of Disney's profits since 2020. We are told the board will vote on naming a new leader next week. The Senate passed a spending package last Friday to avert a long U.S. government shutdown. Now 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 be returning to Washington on Monday. Here is House Speaker Mike Johnson on NBC's Meet the Press.
I tip my hat to everybody, appropriators in both parties who got this together. After the Senate acted over the weekend, we will now have 11 of 12 separate appropriations bills approved by both chambers. Because they modified our package, they've sent it over a little differently, which means we've got to address the bills again. So they're going to separate the Department of Homeland Security bill. Our intention is by Tuesday to fund all agencies of the federal government except for that one, and then we'll have two weeks of good faith negotiations to figure it out.
House Speaker Mike Johnson speaking to NBC's Meet the Press. Homeland Security Secretary Kristi Noem has undermined her support as she fights to keep her job, and some members of Congress are frustrated by her rare appearances for hearings on Capitol Hill. Bloomberg's Amy Morris has more from Washington.
Republican Senator Tom Tillis blamed Homeland Security Secretary Kristi Noem for decisions that he said are tarnishing DHS's and ICE's reputation. But it's not just the fallout from Minneapolis. Noem's policy requiring her personal sign-off on expenses exceeding $100,000 has dramatically slowed recovery after hurricanes and floods, and some lawmakers feel like she's stiff-armed Congress. All of this has raised questions about Noem's long-term job security. with some senators calling for her job, others expressing frustration with her interactions with Congress. In Washington, Amy Morris, Bloomberg Radio.
The Department of Justice has released another three million pages of material related to its probe of Jeffrey Epstein. Now, this release includes a draft indictment of Epstein, as well as financial and travel records, along with email correspondence. Now, the DOJ says there are some redactions in the latest release, such as identifiable information on victims.
Who has been named the new CEO of Disney?
Deputy Attorney General Todd Blanch signaled that no new charges will be brought in the Epstein investigation. Here is Blanch speaking on CNN's State of the Union.
The victims want to be made whole, and so we want that. The Attorney General wants that more than anything, but that doesn't mean we can just create evidence or that we can just kind of come up with a case that isn't there.
Deputy Attorney General Todd Blanch speaking on CNN's State of the Union. 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 down a bus with people inside. Now, the attack happened as the U.S. tries to mediate peace talks between Moscow and Kyiv. According to Ukrainian President Volodymyr Zelensky, another round of negotiations will be held this Wednesday and Thursday in Abu Dhabi. President Trump has nominated Kevin Warsh as the next chair of the Federal Reserve, and if confirmed by the Senate, he would succeed current chair Jay Powell, whose term as chair ends in May.
Fed Governor Stephen Myron says he is expecting Warsh to be effective in his leadership.
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