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Bloomberg News Now

Winter Storm Threatens East Coast, Trump's Greenland Dream, More

23 Jan 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 8.024 Karen Moskow

Bloomberg Daybreak is your best way to get informed first thing in the morning, right in your podcast feed. Hi, I'm Karen Moskow.

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8.204 - 21.465 Nathan Hager

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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21.445 - 27.936 Karen Moskow

Listen to the Bloomberg Daybreak U.S. edition podcast each morning for the stories that matter with the context you need.

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27.997 - 37.654 Nathan Hager

Find us on Apple, Spotify, or anywhere you listen. News when you want it with Bloomberg News Now. I'm Nathan Hager.

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37.914 - 39.657 Karen Moskow

And I'm Karen Moscow.

39.923 - 53.815 Nathan Hager

Karen, we begin with the impending major winter storm that will impact a large part of the country. The East Coast is expected to be particularly hard hit. Let's get the very latest with Bloomberg meteorologist Craig Allen. Craig, what is the update?

54.2 - 74.571 Craig Allen

Right now, Nathan, we're watching snow falling throughout the central portion of the United States and ice that's headed in our direction. I would think right now that it could reach the Washington Baltimore area sometime during late Saturday night into the early, early hours of Sunday. That's when it starts, makes its way on up. Ninety five goes.

74.551 - 93.775 Craig Allen

past Philadelphia, Baltimore, and right on up towards New York City, probably by around sunrise or so. I would think it'll be snowing when you wake up Sunday morning and it'll be coming down hard and sticking right away because the air will be so cold. And then it makes its way on up right into New England. So Boston.

93.755 - 110.674 Craig Allen

Figure by about midday on Sunday, the snow will be falling and also sticking right away. In terms of accumulations, by the time this all starts to wind down, I'm saying right now that there could be anywhere from six inches or more for the Washington, D.C. area.

Chapter 2: What is the latest update on the winter storm threatening the East Coast?

177.802 - 188.629 Karen Moskow

The storm is already having an impact on the airlines. They're making contingency plans for an expected weekend of messy travel, and Bloomberg's Tom Busby continues our team coverage.

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188.812 - 208.6 Tom Busby

U.S. carriers are out with backup plans for passengers ahead of wicked winter weather expected to impact 125 million Americans from today through Monday and disrupt air traffic from coast to coast. Delta offering to rebook flights to and from 41 airports in the south and southwest. United waiving change fees for flights at 61 airports.

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208.981 - 219.395 Tom Busby

An American will do the same at airports from New Mexico to Virginia. Even low-cost carriers like Spirit, Southwest, and JetBlue will waive fees for travelers. Tom Busby, Bloomberg Radio.

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219.595 - 239.095 Nathan Hager

Okay, Tom, thank you. As we continue to track the weather, we're also looking at President Donald Trump's foreign policy plans as we learn more about the president's framework of a future deal on Greenland. Sources tell Bloomberg News the U.S. wants to rewrite its defense agreement with Denmark to remove any limits on its military presence on the island.

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239.455 - 254.331 Nathan Hager

The current arrangement was signed in 1951, amended in 2004. It calls for the U.S. to consult with both Denmark and Greenland before it makes any significant changes to its posture. But the president says his goal is permanent total access to Greenland.

254.791 - 263.3 Donald Trump

We can do anything we want. We can do military. We can do anything we want. And it's being negotiated. And let's see what happens. I think it'll be good.

263.66 - 272.65 Nathan Hager

President Trump spoke aboard Air Force One on his way back to Washington from Davos. Danish Prime Minister Mette Frederiksen says she's open to expanding the 1951 treaty.

272.748 - 282.929 Mette Frederiksen

I think everybody in NATO agrees about that. The Arctic states, but also other member states, that we need a permanent presence from NATO in the Arctic region, including around Greenland.

283.049 - 287.618 Nathan Hager

But Danish Prime Minister Mette Frederiksen says the question of Greenland's sovereignty is a red line.

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