Bloomberg News Now
Trump Calls DOJ Fund 'Great Idea,' US Could Float Iranian Assets, More
07 Jun 2026
Transcript generated automatically by AI and may contain errors.
Chapter 1: What is the main topic discussed in this episode?
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
We're up early every weekday, keeping an eye on what's happening across Europe and around the world. We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going. From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
And from London, I'm looking at what all that means for markets, money and the wider economy. We've got reporters across Europe and around the globe feeding in as stories break.
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point.
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News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump says he's interested in reviving his so-called anti-weaponization fund and paying some of the $1.8 billion to rioters convicted of assaulting police officers on January 6th.
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Chapter 2: What is President Trump's stance on the DOJ fund?
Here at home, a manhunt continues in Ohio where police are looking for two shooters who injured 12 people at a street festival in Toledo. Councilman John Hobbs.
What happened today is not a reflection of what our city is and what we stand for. And so we are hoping that as a community, we will come together and get this solved quickly.
Today's festivities have been canceled. In Washington, tech industry leaders have some reservations over new AI framework that's now making its way through the house. Bloomberg's Amy Morris reports.
The new bipartisan AI framework, known as the Great American AI Act, aims to create a federal standard. It includes provisions for punishing bad actors, bolstering education and training, and establishing a center within the Commerce Department.
Tech leaders are raising concerns, though, about the federal preemption language, which they say goes too far and would strip states of their authority to protect their citizens against AI-driven harms. In Washington, Amy Morris, Bloomberg Radio.
OpenAI is gearing up for a major platform overhaul ahead of its highly anticipated IPO later this year. The Financial Times reports the company plans to transform ChatGPT from a standard Q&A chatbot into a more comprehensive super app. Those changes could roll out in just a few weeks.
And New York Knicks fans are being asked to arrive early for Game 3 tomorrow as Madison Square Garden steps up security for President Trump's visit. Secret Service will be implementing TSA-style screening procedures with a strict no-bag policy. It'll be the first time a sitting president's ever attended an NBA Finals game. And that's news when you want it with Bloomberg News Now.
I'm Monica Ricks. And this is Bloomberg.
A new chapter in global growth is being written, and much of it is happening in Africa.
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Chapter 3: How are Republicans reacting to Trump's weaponization fund proposal?
I'm Jennifer Zabasaja. Every week on the Next Africa podcast, we track capital flows and political shifts shaping the continent's future.
The digitalization of Africa is going to power its growth. Creating the world of something like HIV is possible. Population growth is so enormous in Africa.
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