February 11, 2026: US House Votes to Repeal Canada Tariffs, Passes SAVE Act, More
episodePreviously titled “US House Votes to Repeal Canada Tariffs, Passes SAVE Act, More” — renamed by the publisher on Aug 2, 2026
Transcript
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What is the main topic discussed in this episode?
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News when you want it with Bloomberg News Now, I'm Doug Krisner. In Washington, the Republican-led U.S. House has passed legislation aimed at ending President Trump's tariffs on Canada. Now, this signals a growing anxiety over the White House's economic agenda ahead of midterm elections focused heavily on affordability. Passage by the House is not veto proof, meaning the vote was largely symbolic and a way to get lawmakers on the record for their support of these tariffs on Canadian goods. Here is Bloomberg's Derek Walbank.
These votes sort of represent an increase in political pressure on the president to change course just months before the midterm elections. They also, though, represent a big difficulty for some swing district Republicans whose districts may be heavily affected by tariffs. but who have to face a very real question about whether or not they want to cross the president on his signature issue.
That was Bloomberg's Derek Walbank. Now, passage of this measure comes as President Trump privately weighs quitting the U.S.-Mexico-Canada trade pact he signed during his first term. Also today, the House passed the Save America Act. This was backed by President Trump. The bill would change voting regulations by requiring proof of citizenship during voter registration. It also significantly curtails mail-in voting. Here is House Speaker Mike Johnson.
Proof of citizenship and photo ID to vote. Everyone in the country understands the necessity of that, understands how simple it is and how important it is. And the only people that oppose it are people who want to cheat our system.
That is House Speaker Mike Johnson. U.S. Energy Secretary Chris Wright is in Venezuela, where he'll make an assessment of the country's oil industry. Wright met with Venezuelans acting President Delcy Rodriguez, and he's expected to meet with several government officials. Wright said the U.S. government is working to issue new licenses to businesses who want to work in Venezuela.
We know that working together, the people of Venezuela and the people of the United States, this year we can drive a dramatic increase in Venezuelan oil production, in Venezuelan natural gas production, in Venezuelan electricity production, and most importantly of all, all of these are to increase the job opportunities, the wages, and the quality of life for all of the Venezuelans across the country.
That is US Energy Secretary Chris Wright. President Trump is ordering the Pentagon to purchase electricity from coal-fired power plants for military operations.
What legislation did the U.S. House pass regarding tariffs on Canada?
Trump announced millions of dollars to upgrade existing facilities. This includes $175 million to fund upgrades to six coal plants.
Under our leadership, we're becoming a massive energy exporter. In just the past few months, we've made historic trade deals with Japan, Korea, India, and others to increase our coal exports dramatically. We're now exporting coal to all over the world, and the quality of our coal is supposed to be, I mean, I'm not an expert in coal, but I've been very good to the people that are The quality of our coal is supposed to be the finest anywhere in the world.
Trump also said the actions would help boost coal power generation, and the president said this would deliver in turn lower prices for consumers and ensure industries critical to national security had steady power supplies. Attorney General Pam Bondi was in the hot seat today before the House Judiciary Committee, and she was reprimanded by Democrats for using the DOJ to target enemies of President Trump. Bondi was also criticized for her handling of the Epstein files, including the many redactions made. Here is an exchange between Bondi and New York Congressman Jerry Nadler.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–3:07
2
What legislation did the U.S. House pass regarding tariffs on Canada?
3:07–5:17
3
What are the implications of the House's vote on tariffs ahead of midterm elections?
5:17–8:02
4
What changes does the SAVE Act propose for voting regulations?
8:02–8:23
Speakers
10 identifiedMore from Bloomberg News Now
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