Trump Threatens Fresh Iran Attacks, Hamas Disarmament Deal, More
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What is the main topic discussed in this episode?
Hi, I'm David Weston.
News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump is weighing new attacks on Iran this weekend. That's according to the Wall Street Journal, which is citing sources that are now casting doubts on negotiations to end the war. The president also talked to reporters about it from Camp David yesterday.
They're being decimated. They have no Navy. They have no Air Force. They have no anti-aircraft. Doesn't mean they don't have any capability.
The U.S. and Iran exchanged more airstrikes this week, and Trump has repeatedly expressed frustration with the state of this conflict, which continues to cause disruptions to global energy markets and could create political risks for Republicans in November. But the news follows a deal Trump is calling a great breakthrough. He says Hamas has agreed to disarm if Israel agrees to end its strikes and withdraw from Gaza. Bloomberg's Dan Williams has more from Jerusalem.
The Israelis have been quietly expressing misgivings. We'll be watching tomorrow when Netanyahu convenes his cabinet to see if there's a formal acceptance of what's being called the roadmap into the Trump peace plan.
Reporter Dan Williams on Bloomberg this weekend. Israeli officials say it won't withdraw from Gaza unless Hamas gives up its heavy weaponry first, which suggests the two sides have yet to agree on a way forward. Stocks ended a chaotic week and month yesterday as investors weighed big tech earnings and decision-making at the Fed under new chairman Kevin Warsh. The New York Times reports Warsh may now be considering scaling back the central bank's scheduled policy meetings, undoing decades of precedent. Bloomberg's Ed Kalecki has more.
Currently, Fed policymakers meet eight times a year for a two-day gathering, after which they announce their policy decision. A reduction in the number of meetings would mark a significant shift for the U.S. central bank, coming at a moment when investors have criticized Warsh's attempt to limit guidance to markets on the direction of interest rates and as the Fed faces mounting pressure to do more to curb inflation. Ed Kalecki, Bloomberg Radio.
The Fed held interest rates steady this week, which was expected, but investors weren't happy when Walsh declined to explain why, triggering the S&P's worst sell-off on a Fed decision day since December of 2024. Jonathan Golub is chief equity strategist at Seaport Research Partners and says this shows the market doesn't like uncertainty.
If the Fed wants to raise or lower rates, they're going to have to move less frequency in bigger amounts. The speculation around that goes up, the volatility goes up. And the value of assets, whether it be equities or bonds, is lower in that kind of an environment.
Equity strategist Jonathan Golub on Bloomberg this weekend. Cybersecurity experts are blaming Anthropic and OpenAI for sloppy safeguards and say they could now be threats to national security after their models broke into outside organizations. Anthropic's model Claude was supposed to be off the internet during experiments, but an error allowed it to access the web and conduct attacks.
Is Trump considering new attacks on Iran and what sources report this?
OpenAI suffered a similar mishap with Hugging Face last week. FIFA's president's backing off a plan now to sell a stake in the World Cup to outside investors after days of fierce international backlash. Sports marketing analyst Bob Dorfman called it shocking.
Infantino saw the writing on the wall and realized that this wasn't going to go anywhere. It didn't help that he really didn't let on that this was going on. He didn't really advance notice anyone. It just felt wrong.
UEFA, CONCACAF, and the Asian Football Confederation had all vowed to boycott the World Cup if the plan went ahead. Trump Media and Technology Group launches Truth API today. It's a data feed that provides faster access to posts from the highest-ranking truth social accounts, like President Trump's, for a fee. House Democrats are looking into it because Trump frequently uses truth social to make pronouncements that move markets.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–3:27
2
Is Trump considering new attacks on Iran and what sources report this?
3:27–4:42
3
What did President Trump say at Camp David about Iran's military capabilities?
4:42–6:37
4
What is the reported Hamas disarmament deal and how might Israel respond?
6:37–7:29
Speakers
10 identifiedMore from Bloomberg News Now
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