Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing
Podcast Image

Bloomberg News Now

Partial Shutdown Begins, Goldman CEO Rattles Bank, More

14 Feb 2026

Transcription

Transcript generated automatically by AI and may contain errors.

What are the implications of the partial government shutdown?

0.031 - 28.198 Unknown

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.

0

29.545 - 48.323 Ed Kalecki

News when you want it with Bloomberg News Now. I'm Ed Kolegi. House Minority Leader Hakeem Jeffrey says Democrats will respond to the White House's unserious Homeland Security funding offer, with funding for the agency now expired as a partial shutdown has begun. Jeffrey stresses he's ready to talk.

0

48.663 - 63.032 Hakeem Jeffries

I'm here, ready, willing, and able to have a conversation with anyone, anytime, anyplace. That's always been the Democratic posture, Mike Johnson has once again sent House Republicans home.

0

63.412 - 81.253 Ed Kalecki

Congressional Democrats previously called for a set of reforms to immigration enforcement, including judicial warrant requirements, in exchange for their votes to fund the Department of Homeland Security. The White House and Democrats remain at loggerheads with no agreement yet on funding for the agency, which includes the TSA and FEMA.

0

81.233 - 103.805 Ed Kalecki

Both the House and Senate left town Thursday for the weekend and have a scheduled recess next week, though leadership could call lawmakers back to D.C. if there is a funding deal. Kathy Rumler is leaving her position as Goldman Sachs' top lawyer, drawing to a close a month-long saga that saw the investment bank staunchly defend Rumler over her previous association with Jeffrey Epstein.

104.245 - 107.73 Ed Kalecki

Goldman CEO David Solomon talked about it on CNBC.

107.71 - 129.35 David Solomon

She called me yesterday afternoon and told me that the press coverage of the work that she had done previously of this whole situation had just gotten to a level of noise and distraction that she thought it was distracting the firm. It was putting her in a position where it was hard for her to execute on her job and her responsibilities, and she just thought it was time to step away.

129.41 - 136.536 David Solomon

And so you saw our statement and her statement. I reluctantly accepted her resignation.

136.516 - 147.971 Ed Kalecki

For weeks, Goldman has faced a steady drumbeat of headlines as the public has poured over the millions of pages of documents that have been released by the Department of Justice, which mention Rumler's name thousands of times.

Comments

There are no comments yet.

Please log in to write the first comment.