Trump Prime-Time Speech, US and Iran Step Up Attacks, More
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The Bloomberg This Weekend Podcast. News, politics, and the lighter side of Bloomberg.
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News when you want it with Bloomberg News Now. I'm Nathan Hager.
And I'm Karen Moscow.
Karen, we begin with a primetime address from President Donald Trump. The president took to the East Room of the White House last night and used a roughly 25-minute speech heard live on Bloomberg Radio to revive claims that the 2020 election was stolen.
Tonight, I'm announcing the immediate declassification and release of critical intelligence, revealing shocking vulnerabilities in our election infrastructure. man president pointed the finger at china claiming it tried to access americans voter data over a period of years starting during the twenty twenty election cycle the people's republic of china carried out what is believed to be the largest compromise of election data in history, resulting in China's illicit acquisition of 220 million U.S. voter files.
President Trump also accused U.S. government officials of trying to cover up Chinese interference and alleged hacking of voting machines from Venezuela. Bloomberg News senior editor Derek Walbank reports the president has made many of these claims before.
A lot of things you're hearing litigated around the 2020 election, some things that came up at that time that came forward. Now, the White House said that there was there were new things that they were declassifying and that they were going to put an awful lot of documents out. And they did drop an awful lot of documents on the White House website. It will take time to go through all of those.
Bloomberg's Derek Walbank reports Homeland Security Secretary Mark Wayne Mullen plans to hold a briefing today on voting systems.
Well, Nathan, now let's get to the latest on the war in the Middle East. The U.S. is continuing its strikes against Iran. It has carried out a sixth consecutive night of strikes intended to degrade Iran's ability to attack commercial shipping. Iran responded by attacking U.S.
What did President Trump claim in his primetime East Room address about 2020 election interference?
bases in the Middle East. And we get the latest from Bloomberg News Director Will Kennedy.
Well, we seem to have fallen into a bit of a pattern. Every night, the U.S. launches relatively limited strikes against Iran, targeting its infrastructure along the Strait of Hormuz. The U.S. says that that will limit its ability to enforce its will in the region. And Iran strikes back by launching missiles at countries in the region that post U.S. bases, Qatar, for example, last night. Thus far, it doesn't seem to have spiraled into a full-blown conflict.
And that's Bloomberg's Will Kennedy. The latest escalation as oil on the rise once again. NYMEX crude oil up 1.8% at $80.33 a barrel. Brent is up 1.5% at $85.50. Oil up about 12% this week.
And Iran was a big focus of the Aspen Security Forum in Colorado, Karen. Bloomberg's David Gurra is there. He sat down with Democratic Senator Chris Murphy of Connecticut to get his take on the situation.
This is the most significant foreign policy disaster in the last 20 years. Iran effectively has control of the strait. They are going to have control of the strait for the long run. As a price of opening that strait, they want all the sanctions released, which is going to put a lot of new money into their economy, but also allow them to send money out to their proxy groups in the region. This war should have never started. It's hard to figure out what to do now because it's kind of like asking somebody, now that the raw egg is splattered over the floor, how do you put it back together?
In Connecticut, Senator Chris Murphy again speaking with Bloomberg's David Gurra. You can hear their full conversation and all our coverage of the Aspen Security Forum on Bloomberg this weekend.
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