Trump Targets Home Buying, ICE Agent Kills Woman in Minneapolis, More
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News When You Want It with Bloomberg News Now. I'm Amy Morris. President Trump says he will move to ban institutional investors from buying single-family homes, part of a push to address housing affordability. Wisconsin Republican Congressman Brian Stile is a member of the House Financial Services Committee and says he looks forward to seeing details of the proposal.
Evaluating it when we do, but working broadly to make sure that we are working to make housing more affordable and accessible to families in the United States.
Trump said he would ask Congress to codify the action and that he'll discuss the topic alongside other cost-of-living initiatives during a speech at the World Economic Forum in Davos later this month. Shares of Blackstone fell more than 4 percent on the news. American Home shares fell more than 6 percent. Lennar shares are down about 2 percent. An Immigration and Customs Enforcement officer fatally shot a woman during a confrontation in Minneapolis that has sparked anger over the presence of ICE agents in that city. Minneapolis Mayor Jacob Fry called for ICE agents to leave the city immediately.
To ICE, get the f*** out of Minneapolis.
We do not want you here. Homeland Security Secretary Kristi Noem says ICE officers were attacked.
It was an act of domestic terrorism. What happened was our ICE officers were out in an enforcement action. They got stuck in the snow because of the adverse weather that is in Minneapolis. They were attempting to push out their vehicle and a woman attacked them and those surrounding them and attempted to run them over and ram them with her vehicle.
Minnesota Governor Tim Walz is calling on residents to remain calm. The United States says it has seized two sanctioned oil tankers linked to Venezuela in back-to-back actions in the North Atlantic and the Caribbean. Bloomberg's Mike Shepard.
This would be perhaps the fourth or more seizure of a Venezuela-bound or Venezuela-departing tanker by U.S. forces as a result of this blockade that the U.S. has imposed on around the country seeking to rein in any attempt to extract Venezuelan oil without U.S. permission.
And after briefing Senate lawmakers about the operation in Venezuela, Secretary of State Marco Rubio and Defense Secretary Pete Hegseth talked with reporters about it on Capitol Hill.
We are going to take between 30 and 50 million barrels of oil. We're going to sell it in the marketplace at market rates, not at the discounts Venezuela was getting. That money will then be handled in such a way that we will control how it is dispersed in a way that benefits the Venezuelan people, not corruption, not the regime. So we have a lot of leverage to move on the stabilization front.
Rubio says the second phase will ensure other Western companies have access to the Venezuelan oil market. The Trump administration plans to control future sales of oil from Venezuela and use those proceeds to rebuild Venezuela's economy.
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