US Considers Iran Action, Trump Says Dimon ‘Wrong’, More
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News when you want it with Bloomberg News Now. I'm Stephen Carroll.
And I'm Caroline Hepker.
US President Donald Trump has raised the prospect of military strikes on Iran as activists say thousands of people have been killed in the wave of protests in the country. The human rights activist news agency estimates at least 2,000 people have died, while the Oslo-based Iran Human Rights Group says the figure could be as high as 6,000. They say a lack of internet access is making independent verification extremely difficult.
What military actions is the US considering regarding Iran?
Speaking to reporters before boarding Air Force One, Donald Trump said the death toll would be a key factor in determining his response.
Iran is on my mind when I see the kind of death that is happening over there, we think. So we're going to get some accurate numbers. I'll have about 20 minutes. We'll get some accurate numbers as to what's happening with regard to the killing. The killing looks like it's significant, but we don't know yet for certain. I'll know within 20 minutes. So and we'll act accordingly.
President Trump had earlier urged Iranians to continue their protests, writing on social media that help is on its way. The comments come days after a White House official said Trump had been briefed on options for an attack, with the American president yesterday also encouraging US citizens and people from allied countries to leave Iran.
Greenland's Prime Minister has ruled out the possibility of the territory becoming part of the United States. At a joint press conference with Danish Prime Minister Meta Fredriksen in Copenhagen, Jens Fredrik Nielsen delivered a forceful response to President Trump's repeated claims that the US must own Greenland.
One thing that everyone must understand, Greenland will not be owned by the United States. Greenland will not be governed by the United States. Greenland will not be part of the United States. We choose the Greenland we know today and which is part of the Kingdom of Denmark.
Asked about those comments by Greenland's Prime Minister Jens Fredrik Nielsen, the US President said, I don't know who he is, I don't know anything about him, but that's going to be a big problem for him. The remarks come ahead of a high-stakes meeting in Washington later today between the Danish and Greenlandic foreign ministers and the US Secretary of State Marco Rubio and Vice President J.D. Vance.
The head of America's largest bank has warned against undermining the Federal Reserve, earning him a rebuke from Donald Trump. JPMorgan Chase CEO Jamie Dimon told reporters after the bank's earnings that anything that chips away at the Fed's independence is, quote, probably not a great idea. The US president was asked about Dimon's comments.
Yeah, I think it's fine what I'm doing. We have a bad Fed person. He was extended by Biden and... Yeah, I think he's wrong. I think it's wrong. He's done a bad job. We should have lower rates. Jamie Dimon probably wants higher rates. Maybe he makes more money that way. No, I'm not. I think that people that are paying 28 percent interest should be protected. We're talking about for a one year period. But when you have a bank, whether it's Jamie Dimon or anybody else, charging people 28, 32 percent, 30 percent, 31 percent, one case, 35 percent. No, I'll help those people.
The Trump administration last week threatened criminal charges against the Fed and has sought to remove members of the Monetary Policy Committee, including Lisa Cook. The comments come as silver broke above $90 an ounce for the first time and gold flirted with another record high as attacks on the Federal Reserve and a tense geopolitical backdrop added impetus to a rally in precious metals.
China's trade surplus hit a new record last year, seemingly unfazed by the US trade war. The world's second largest economy took in a net $1.2 trillion from trade in 2025. Data for last month showed exports rising by 6.6%, more than double the median economist's estimate. But booming trade underlines the rift between China's manufacturing power and its stubbornly weak domestic economy.
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