Shutdown Ends, Lilly Sees Surging Sales, Stocks Bounce, More
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News when you want it with Bloomberg News Now. I'm Karen Moscow. We have another busy morning for earnings and we'll take a look at some of those in just a moment. But first, the partial government shutdown is over. President Trump has signed his deal with Senate Democrats to reopen most of the government through September 30th, but with less than two weeks of funds for the Department of Homeland Security.
This bill is a great victory for the American people. Instead of a bloated and wasteful omnibus monstrosity full of special interest handouts, we've succeeded in passing a fiscally responsible package.
That was President Trump at the Oval Office bill signing that was heard live on Bloomberg Radio. Bloomberg's Eric Wasson reports lawmakers will not have much time to negotiate new limits on immigration enforcement.
The Department of Homeland Security could run on, you know, sort of a mini shutdown for a while. ICE agents, Border Patrol will continue to be paid from the one big, beautiful tax bill money. But, you know, you would see, you know, FEMA workers and TSA workers missing a paycheck that's due on February 17th. So this is going to be unpleasant for those individuals.
Bloomberg's Eric Wasson reports that partial shutdown for DHS would begin after February 13th, nine days from now, if lawmakers don't reach a deal. Bill and Hillary Clinton have agreed to testify on Capitol Hill at the end of the month about their ties to Jeffrey Epstein. The House Oversight Committee says the closed-door depositions will take place February 26th and 27th. The Clintons had faced a criminal contempt vote in the House if they kept defying the committee's subpoenas. President Trump commented about it at the Oval Office.
I think it's really time for the country to get onto something else. Now that nothing came out about me other than it was a conspiracy against me, literally by Epstein and other people.
President Trump again speaking in the Oval Office. A former president has never been compelled to appear before Congress until now. The Clinton's attorneys say the hearing should be held in public to address their fairness concerns. Envoys from Russia and Ukraine are meeting in Abu Dhabi for U.S.-brokered talks aimed at ending the nearly four-year war. The talks, which began today, include U.S. officials and focus on various topics. Russian President Vladimir Putin has praised growing economic ties with China during a video call with Chinese leader Xi Jinping. The call today comes amid Xi's meetings with Western leaders seeking to boost ties despite differences over Russia's war in Ukraine. Bloomberg News has learned Iran is asking the U.S.
to move diplomatic talks this Friday from Turkey to Oman. Sources say Tehran wants the talks to focus only on Iran's nuclear activities and not its support for proxy militias in the Middle East and its ballistic missiles. President Trump has threatened to strike Iran if it does not agree to a deal, which his administration has signaled must include Iran's missiles and militia support. Sources tell the Associated Press investigators have found signs of forced entry in the Arizona home of today's show host Savannah Guthrie's mother. Meanwhile, the host asked for prayers to help bring back the missing 84-year-old. Authorities believe she was taken against her will. The sheriff said Nancy Guthrie must be found soon because she could die without her medication.
We turn to the markets now where futures are higher and gold is nearing $5,100 an ounce once again. Yesterday, tech stocks fell, led by the recent sell-off led by software stocks. Bloomberg's John Tucker joins us with the latest. John, good morning.
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