Trump Threatens Insurrection Act, BNY in Epstein Probe, More
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Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.
And I'm Nathan Hager. Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S. Edition. It's your daily 15-minute podcast on the latest in global news, politics, and international relations.
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Find us on Apple, Spotify, or anywhere you listen. News when you want it with Bloomberg News Now. I'm Nathan Hager. President Trump is threatening to send the military to Minnesota. That's after more than a week of unrest over violent encounters between federal immigration agents and protesters. The president posted on Truth Social this morning he will invoke the Insurrection Act unless state officials stop demonstrators from attacking ICE officers. Minnesota Governor Tim Walz says the ICE enforcement is causing chaos.
We will reclaim our communities from Donald Trump. We will reestablish a sense of safety for our neighbors and we will bring an end to this moment of chaos, confusion and trauma.
Minnesota Governor Tim Walz spoke in a primetime address after last week's ice shooting death of Rene Good in Minneapolis. Last night, DHS says one of its officers shot a Venezuelan migrant in the leg after two people attacked the officer while he was chasing the man during a targeted traffic stop. Breaking news in another high-profile immigration case. A federal appeals panel has reversed a lower court decision that released Mahmoud Khalil from custody. Khalil was an outspoken leader of the pro-Palestinian movement at Columbia University. This appeals decision brings the government a step closer to detaining him again and ultimately deporting him. A new development in the Jeffrey Epstein investigation.
Senate Democrat Ron Wyden has asked BNY Mellon for information on about 270 wire transfers it processed for the late sex offender worth about $378 million. Wyden is the top Democrat on the Senate Banking Committee. He says BNY failed to report all the transactions through 2019 and that may have enabled Epstein's crimes. The U.S. blockade of Venezuelan oil continues after the ouster of Nicolas Maduro. U.S. Southern Command says it seized another sanctioned tanker off the country's coast overnight, bringing the total to six. Continental Resources founder Harold Hamm is one of the oil leaders looking to invest in Venezuela's energy infrastructure.
It's a much safer place today as a result of the president's actions. I trust the president. and taken out this narco-terrorist.
Harold Hamm with Continental Resources appeared on Bloomberg's surveillance.
What are the implications of Trump's threat to invoke the Insurrection Act?
President Trump is set to meet today with Venezuelan opposition leader Maria Corina Machado. Iran may have reverted U.S. strikes by pledging not to execute protesters following pressure from President Trump. As Bloomberg's Tyler Kendall reports, the president says he's heard that promise from sources on the other side.
The potential for military strikes still remains on the table, though his comments, combined with a top Iranian official pledging not to carry out executions, has appeared to narrow the potential that a U.S. attack is imminent just one day after President Trump urged Iranians to continue protesting and said that help was on the way.
Bloomberg's Tyler Kendall in Washington. Human rights groups say at least 3,400 protesters have died over more than two weeks of unrest. Troops from NATO countries, including France and Germany, are arriving in Greenland. That's after talks in Washington among Denmark, Greenland and the U.S. highlighted disagreements over the Arctic island's future. Bloomberg's Oliver Crook has more.
They're trying to de-escalate the situation. They said that they're now going to start this working group. And I thought it was interesting that the Danish foreign minister said that the working group would be there to explore if, if they can find a common way forward.
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