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Bloomberg News Now

Takaichi Wins Supermajority, Jeffries Pushes ICE Reforms, More

08 Feb 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What historic victory did Prime Minister Sonei Takeuchi achieve in Japan?

0.031 - 28.485 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.

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30.187 - 54.686 Doug Krisner

News when you want it with Bloomberg News Now. I'm Doug Krisner. And we begin in Japan where Prime Minister Sonei Takeuchi has secured a historic landslide win in Sunday's snap election. Local broadcaster NHK reports Takeuchi's ruling Liberal Democratic Party has won a two-third supermajority in the lower house. Now this outcome positions her as Japan's strongest leader in the post-war era.

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55.126 - 56.869 Doug Krisner

Here is Bloomberg's Brian Fowler.

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Chapter 2: What implications does Takeuchi's supermajority have for Japan's political landscape?

56.849 - 76.802 Brian Fowler

I mean, six months ago, the LDP was completely on the ropes. It had lost its majorities in both houses of parliament and was muddling through the summer. And then Takahichi becomes the nation's first ever female prime minister in October. Four months later, she secured the greatest election victory in the history, certainly in the post-war history.

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77.022 - 83.152 Brian Fowler

And she's going to become that much more assertive, I think, on the international stage. as well as domestically.

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83.272 - 103.72 Doug Krisner

That is Bloomberg's Brian Fowler. Analysts say Takeichi now has a clear mandate to use fiscal stimulus to break a longstanding deflationary cycle. The yen is weaker right now at 157.65. Later in the day on Sunday, Takeichi said she is looking forward to visiting the White House in the spring to strengthen the Japan-U.S.

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Chapter 3: What reforms are being proposed by Hakeem Jeffries regarding ICE and Border Patrol?

103.78 - 119.624 Doug Krisner

alliance. Friday marks the deadline for Congress to reach a deal on funding the Department of Homeland Security. House Minority Leader Hakeem Jeffries and Senate Democratic Leader Chuck Schumer have listed 10 restrictions they want placed on ICE and Border Patrol.

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120.205 - 133.566 Doug Krisner

Now, these include prohibiting DHS officers from entering private property without a judicial warrant and requiring agents to wear body cameras and identification. Jeffrey spoke on CNN's State of the Union.

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133.63 - 151.723 Hakeem Jeffries

Immigration enforcement should be fair, it should be just, and it should be humane. So dramatic changes are necessary to the manner in which the Department of Homeland Security officers are conducting themselves before any funding bill should move forward.

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151.703 - 169.307 Doug Krisner

House Minority Leader Hakeem Jeffries on CNN's State of the Union. In Thailand, the ruling Conservative Party clinched a solid election win on Sunday, marking a clear defeat for an emerging progressive movement. Here is Thailand's Prime Minister Anutin Chonvirakul.

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Chapter 4: How is the Thai election affecting the political climate in Thailand?

169.327 - 193.581 Anutin Chonvirakul

We have had the right people to tackle all those problems and we think Thailand is now in a steady state. And we look forward to moving on with even a stronger cabinet and government.

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193.741 - 209.285 Doug Krisner

That is Thailand's Prime Minister Anutin Chandvirakul. Kroger is reportedly planning to name former Walmart executive Greg Foran as its next CEO. The Wall Street Journal reports Kroger is expected to announce the choice of foreign as early as Monday.

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209.786 - 233.567 Doug Krisner

Now, Kroger has been searching for a permanent leader for nearly a year after the departure of longtime CEO Rodney McMullin for an undisclosed ethics violation. U.S. politics is an issue at the Winter Olympics. Last Friday, U.S. athletes were asked by reporters how they felt representing the country during the Trump administration's heightened immigration enforcement actions.

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Chapter 5: What are the latest developments in Kroger's CEO search?

233.547 - 257.486 Doug Krisner

American skier Hunter Hess said it was a little hard and he felt mixed emotions. Hess said just because he's wearing the flag doesn't mean he represents everything that's going on in the U.S. Well, today in a post on Truth Social, Trump said it's too bad Hess is on the team and that it's hard to support him. Trump called Hess a real loser. The U.S. has won two gold medals.

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257.867 - 270.953 Doug Krisner

Italy sits atop the leaderboard with a total of nine. Attending this year's Super Bowl in the Bay Area is an exclusive and an expensive event. How expensive? Here's Bloomberg's Charlie Pellett.

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Chapter 6: How much does it cost to attend this year's Super Bowl?

270.973 - 298.45 Charlie Pellett

Motel rooms are running $1,000 a night. Private jets at $12,000 a seat for the NFL championship at Levi's Stadium, pitting the Seahawks against the Patriots. Regardless of the draw, tickets, hotel, and airfare to the nation's most watched sporting event has attendees forking over more than $9,400 on average per according to data collected from SeatGeek, Hotels.com, and Hopper.

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298.951 - 307.744 Charlie Pellett

And for many fans, the total cost of a three-day weekend will reach well into five figures. In New York, Charlie Pellett, Bloomberg Radio.

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307.984 - 313.572 Doug Krisner

And that is news when you want it. With Bloomberg News Now, I'm Doug Krisner, and this is Bloomberg.

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317.669 - 342.872 Unknown

As a place to do business, the UK stands apart. Not because of a single advantage, but a uniquely powerful combination of many. As one of the world's leading financial centres, the UK puts over £10 trillion to work every day, fuelling innovation across every sector. Home to four of the world's top universities, it provides exceptional talent and breakthrough research.

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343.673 - 364.112 Unknown

This sits alongside a clear 10-year industrial strategy, unlocking smarter regulation and making it faster and easier to operate. Stability with dynamism. Global connectivity with local depth. It all adds up to greater growth. Visit business.gov.uk slash growth.

364.193 - 392.04 Barry Ritholtz

I'm Barry Ritholtz, inviting you to join me for the Masters in Business podcast. Every week, we bring you fascinating conversations with the people who shape markets, investing, and business. CEOs, fund managers, billionaires, Nobel laureates, traders, analysts, economists, everybody that affects what's going on in the market, whether you own stocks, bonds, real estate, commodities, crypto,

392.02 - 414.245 Barry Ritholtz

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.

414.645 - 423.242 Barry Ritholtz

That's the Masters in Business podcast with me, Barry Ritholtz. Listen on Apple, Spotify, or wherever you get your podcasts.

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