January 25, 2026: Winter Storm in NYC, Dems Oppose DHS Funding After MN Shooting, More
episodePreviously titled “Winter Storm in NYC, Dems Oppose DHS Funding After MN Shooting, More” — renamed by the publisher on Aug 2, 2026
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That's Vanguard.com slash audio. All investing is subject to risk. Vanguard Marketing Corporation Distributor. News when you want it with Bloomberg News Now, I'm Doug Krisner. We begin with a massive winter storm spreading ice, snow, and sleet across the eastern U.S. In New York City, MTA Chief Jano Lieber says the transit system will be able to handle the storm.
We have our own snow fighting equipment to supplement what the city's Department of Sanitation does with their 2,000 plows and 4,000 workers who are working round the clock to make sure that the bus system is ready to go. Shoveling away 10,000 subway employees ready to go. And we're also very much preparing on the Long Island River to Metro North, which are part of the MTA system as well.
That's MTA Chief Jano Lieber. This storm is also straining electric grids and grounding thousands of flights. It's also presenting a test for New York City's new mayor, Zoran Mamdani. He spoke this afternoon at a press briefing.
Our administration has opened 10 warming centers in school buildings across the city, two in each borough, and they will be operational through at least tomorrow evening. Food will be provided at each of these sites. That is in addition to the 126 shelters, over 50 hospitals, and 35 safe havens where people in need can come in and get warm. A code blue remains in effect.
Now, New York City schools will be closed on Monday with students resorting to remote learning. We go to Minneapolis next, where people braved freezing temperatures last night for protests and vigils following a second fatal shooting by federal agents. It was on Saturday Border Patrol agents arrived. shot and killed Alex Preddy, a 37-year-old ICU nurse, after he was subdued and on his hands and knees. Now, Preddy had a permit to carry a weapon, which the agents found on him before the killing. Minnesota Governor Tim Walz spoke at a press conference.
President Trump, you can end this today. Pull these folks back. Do humane, focused, effective immigration control. You've got the support of all of us to do that. Let our law enforcement continue to do what they do, making Minnesota one of the safest states in the country, one of the best places to live.
That's Minnesota Governor Tim Walz. Meantime, Senate Democratic Leader Chuck Schumer is vowing to block a spending package this week unless Republicans strip funding for the Department of Homeland Security. Now, that will increase the risk of a partial U.S. government shutdown. We heard today from Democratic Senator Amy Klobuchar of Minnesota. She spoke on ABC's This Week.
Somehow, 50,000 peaceful protesters in 10 below weather, I was there with them marching, were able to march without any problems. And then the next day, a half a dozen ICE and border control agents couldn't handle a guy with a cell phone taking video of them and shot him. So I think it's pretty obvious what's going on here. And what needs to happen is they need to leave.
That is Minnesota Senator Amy Klobuchar on ABC's This Week. On Wednesday, we'll get a rate decision from the Federal Reserve. However, the latest Bloomberg survey shows we may not see a change until June.
What impact does the winter storm have on New York City?
Bloomberg's Michael McKee has a preview.
It's going to be an interesting meeting because they're not going to do anything right now.
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