On today's podcast:

1) China Hits Back Against Trump’s Tariffs With Targeted Actions

2) UBS Extends Decline as Executives Discuss Capital Rules

3) Netanyahu Set for Trump Meeting With Fragile Grip on Power

On today's podcast:
1) China Hits Back Against Trump&rsquo;s Tariffs With Targeted Actions
2) UBS Extends Decline as Executives Discuss Capital Rules
3) Netanyahu Set for Trump Meeting With Fragile Grip on Power

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

China Hits Back Against Trump’s Tariffs; Netanyahu-Trump Meeting

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2c4f0395-9d61-4e41-94ff-b27a00accd4e/transcript

Today's top stories, with context, in just 15 minutes.

On today's podcast:
1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, amid efforts to deescalate tensions after federal agents killed two US citizens. White House border czar Tom Homan, who President Trump sent to Minneapolis as part of an effort to ease pressure amid local outrage, emphasized a shift to more targeted enforcement after a surge of immigration agents sparked widespread protests. Homan also said cooperation with local authorities to detain immigrants with criminal records had improved. About 2,000 federal immigration agents will remain, down from the peak of the operation but still much higher than the roughly 150 officers that would be normal, Homan told reporters Wednesday.
2) President Trump sent a fresh warning to Iran’s leaders as US military forces amass in the region, even as diplomatic talks between Washington and Tehran were set for later this week. “I would say he should be very worried, yeah. He should be,” Trump said in an interview with NBC News on Wednesday, when asked about Iran’s supreme leader. Iranian Foreign Minister Abbas Araghchi said in a social media post Wednesday that talks with the US were scheduled to be held in Muscat, Oman on Friday morning. The US and Iran still plan to meet in Oman on Friday to discuss a nuclear deal, according to a White House official.
3) President Trump said he would have passed on Kevin Warsh as his nominee to lead the Federal Reserve if Warsh had expressed a desire to hike interest rates. The president said there was “not much” doubt the Fed would lower rates because “we’re way high in interest” but now “we’re a rich country again.” Trump’s comments could come up during Warsh’s confirmation process, where the Fed’s independence will likely be a central topic. Trump said he believed “in theory” that the central bank was an independent body, while saying he was a “smart guy” whose economic predictions should be considered. Republican Senator Thom Tillis, a member of the Banking Committee, has pledged to block any of Trump’s nominees to the institution until the Justice Department ends an investigation into the central bank’s renovation.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, amid efforts to deescalate tensions after federal agents killed two US citizens. White House border czar Tom Homan, who President Trump sent to Minneapolis as part of an effort to ease pressure amid local outrage, emphasized a shift to more targeted enforcement after a surge of immigration agents sparked widespread protests. Homan also said cooperation with local authorities to detain immigrants with criminal records had improved. About 2,000 federal immigration agents will remain, down from the peak of the operation but still much higher than the roughly 150 officers that would be normal, Homan told reporters Wednesday. 2) President Trump sent a fresh warning to Iran&rsquo;s leaders as US military forces amass in the region, even as diplomatic talks between Washington and Tehran were set for later this week. &ldquo;I would say he should be very worried, yeah. He should be,&rdquo; Trump said in an interview with NBC News on Wednesday, when asked about Iran&rsquo;s supreme leader. Iranian Foreign Minister Abbas Araghchi said in a social media post Wednesday that talks with the US were scheduled to be held in Muscat, Oman on Friday morning. The US and Iran still plan to meet in Oman on Friday to discuss a nuclear deal, according to a White House official. 3) President Trump said he would have passed on Kevin Warsh as his nominee to lead the Federal Reserve if Warsh had expressed a desire to hike interest rates. The president said there was &ldquo;not much&rdquo; doubt the Fed would lower rates because &ldquo;we&rsquo;re way high in interest&rdquo; but now &ldquo;we&rsquo;re a rich country again.&rdquo; Trump&rsquo;s comments could come up during Warsh&rsquo;s confirmation process, where the Fed&rsquo;s independence will likely be a central topic. Trump said he believed &ldquo;in theory&rdquo; that the central bank was an independent body, while saying he was a &ldquo;smart guy&rdquo; whose economic predictions should be considered. Republican Senator Thom Tillis, a member of the Banking Committee, has pledged to block any of Trump&rsquo;s nominees to the institution until the Justice Department ends an investigation into the central bank&rsquo;s renovation.

Trump Orders Minneapolis Pullback; US-Iran Talks Set for Friday

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/86854a49-becf-496b-bd59-b3e800ac2883/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The partial US government shutdown ended late Tuesday after President Trump signed into law a funding deal he negotiated with Senate Democrats, overcoming opposition from both ends of the political spectrum amid a standoff over his administration’s immigration crackdown. Trump applauded the funding package as “a great victory for the American people” and stressed that the legislation continues to fund deportation flights, which have provoked backlash from Democrats. Still, a more limited funding lapse looms within days since the Department of Homeland Security is only funded through Feb. 13 while Trump negotiates with Democrats over their demands for new restraints on immigration enforcement agents. The rest of the government is funded through the Sept. 30 end of the fiscal year.
2) Iran has asked the US to move diplomatic talks originally planned for Turkey to Oman and to limit the agenda to the Islamic Republic’s nuclear program, according to people familiar with the matter. President Trump reiterated that the US and Iran are maintaining talks, even after an earlier skirmish in the Arabian Sea spooked oil markets amid heightened tensions between the two countries. “We are negotiating with them right now” and “they’d like to do something,” Trump told reporters at the White House Tuesday. Earlier Tuesday, a US F-35C warplane shot down a drone in self-defense as the unmanned aircraft “aggressively approached” the USS Abraham Lincoln with “unclear intent,” US Central Command said in a statement. CentCom said no American service members were harmed and no US equipment was damaged.
3) Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, will appear before a House committee investigating their ties to disgraced financier Jeffrey Epstein on Feb. 26 and 27, the panel confirmed Tuesday. A full House vote had been planned this week to hold the Clintons in criminal contempt if they continued to defy subpoenas in its inquiry into Epstein and his activities. The Clintons “have agreed to appear for transcribed, filmed depositions to face questioning as part of the investigation related to Jeffrey Epstein’s and Ghislaine Maxwell’s crimes,” the committee said in a statement posted on its website.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The partial US government&nbsp;shutdown&nbsp;ended late Tuesday after President&nbsp;Trump&nbsp;signed into law a funding deal he negotiated with Senate Democrats, overcoming opposition from both ends of the political spectrum amid a standoff over his administration&rsquo;s immigration crackdown. Trump applauded the funding package as &ldquo;a great victory for the American people&rdquo; and stressed that the legislation continues to fund deportation flights, which have provoked backlash from Democrats. Still, a more limited funding lapse looms within days since the Department of Homeland Security is only funded through Feb. 13 while Trump negotiates with Democrats over their demands for new restraints on immigration enforcement agents. The rest of the government is funded through the Sept. 30 end of the fiscal year. 2) Iran has asked the US to move diplomatic talks originally planned for Turkey to Oman and to limit the agenda to the Islamic Republic&rsquo;s nuclear program, according to people familiar with the matter. President&nbsp;Trump&nbsp;reiterated that the US and Iran are maintaining talks, even after an earlier skirmish in the Arabian Sea spooked oil markets amid heightened tensions between the two countries. &ldquo;We are negotiating with them right now&rdquo; and &ldquo;they&rsquo;d like to do something,&rdquo; Trump told reporters at the White House Tuesday. Earlier Tuesday, a US F-35C warplane shot down a drone in self-defense as the unmanned aircraft &ldquo;aggressively approached&rdquo; the USS Abraham Lincoln with &ldquo;unclear intent,&rdquo; US Central Command said in a statement. CentCom said no American service members were harmed and no US equipment was damaged. 3) Former President&nbsp;Bill Clinton&nbsp;and his wife, former Secretary of State&nbsp;Hillary Clinton, will appear before a House committee investigating their ties to disgraced financier&nbsp;Jeffrey Epstein&nbsp;on Feb. 26 and 27, the panel confirmed Tuesday. A full House vote had been planned this week to hold the Clintons in criminal contempt if they continued to defy subpoenas in its inquiry into Epstein and his activities. The Clintons &ldquo;have agreed to appear for transcribed, filmed depositions to face questioning as part of the investigation related to Jeffrey Epstein&rsquo;s and Ghislaine Maxwell&rsquo;s crimes,&rdquo; the committee said in a statement posted on its website.

Government Shutdown Ends; New Iran Negotiations

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4e211e51-794d-40b1-9c03-b3e700ac5dd3/transcript

Today's top stories, with context, in just 15 minutes.

On today's podcast:
1) Republican opposition to President Trump’s deal with Democrats to end the partial US government shutdown began to crumble late Monday despite the ongoing a standoff over the administration’s immigration crackdown. Trump implored House Republicans in a social media post to pass the spending measure immediately and with no changes. Soon after, two conservative holdouts — Anna Paulina Luna of Florida and Tim Burchett of Tennessee — said they agreed after a talk with the White House to end their threatened blockade, clearing the way to a Tuesday vote on the bipartisan agreement. House Speaker Mike Johnson had faced a tricky path to clear a Senate-passed spending package — the product of a negotiation between Trump and Senate Democratic leader Chuck Schumer. That measure would fund most agencies through Sept. 30, and the Department of Homeland Security through Feb. 13, preserving funding for immigration raids while both parties negotiate changes to enforcement policies. 
2) President Trump said he’s seeking $1 billion in “damages” from Harvard University after the New York Times reported that his administration had backed off demands for $200 million to satisfy accusations of wrongdoing by the Ivy League institution. Trump didn’t specify under what authority he would seek the $1 billion. Harvard didn’t immediately respond to a request for comment. In an article earlier Monday, the Times reported that administration officials had dropped their demands for the $200 million “amid sagging approval ratings for Mr. Trump, and as he faces outrage over immigration enforcement tactics and the shooting deaths of two Americans by federal agents in Minnesota.”
3) Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, will appear before a congressional committee investigating the disgraced financier Jeffrey Epstein, their lawyers said Monday. A full House vote had been planned this week to hold the Clintons in criminal contempt if they continued to defy subpoenas in its inquiry into Epstein and his activities. Bill Clinton has previously said that he parted ways with Epstein many years before his death in a New York jail cell in 2019, and that he had no knowledge of his crimes.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Republican opposition to President Trump&rsquo;s deal with Democrats to end the partial US government shutdown began to crumble late Monday despite the ongoing a standoff over the administration&rsquo;s immigration crackdown. Trump implored House Republicans in a social media post to pass the spending measure immediately and with no changes. Soon after, two conservative holdouts &mdash; Anna Paulina Luna of Florida and Tim Burchett of Tennessee &mdash; said they agreed after a talk with the White House to end their threatened blockade, clearing the way to a Tuesday vote on the bipartisan agreement. House Speaker Mike Johnson had faced a tricky path to clear a Senate-passed spending package &mdash; the product of a negotiation between Trump and Senate Democratic leader Chuck Schumer. That measure would fund most agencies through Sept. 30, and the Department of Homeland Security through Feb. 13, preserving funding for immigration raids while both parties negotiate changes to enforcement policies. 2) President Trump said he&rsquo;s seeking $1 billion in &ldquo;damages&rdquo; from Harvard University after the New York Times reported that his administration had backed off demands for $200 million to satisfy accusations of wrongdoing by the Ivy League institution. Trump didn&rsquo;t specify under what authority he would seek the $1 billion. Harvard didn&rsquo;t immediately respond to a request for comment. In an article earlier Monday, the Times reported that administration officials had dropped their demands for the $200 million &ldquo;amid sagging approval ratings for Mr. Trump, and as he faces outrage over immigration enforcement tactics and the shooting deaths of two Americans by federal agents in Minnesota.&rdquo; 3) Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, will appear before a congressional committee investigating the disgraced financier Jeffrey Epstein, their lawyers said Monday. A full House vote had been planned this week to hold the Clintons in criminal contempt if they continued to defy subpoenas in its inquiry into Epstein and his activities. Bill Clinton has previously said that he parted ways with Epstein many years before his death in a New York jail cell in 2019, and that he had no knowledge of his crimes.

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bd2c5b06-0a41-4d57-b999-b3e600ab0e51/transcript

China Hits Back Against Trump’s Tariffs; Netanyahu-Trump Meeting

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