News when you want it with Bloomberg News Now, I'm Doug Chrisner. Israel has launched military strikes on Hamas targets in Gaza. Israeli Prime Minister Benjamin Netniahu's office said it will act with increasing military force against Hamas now. These strikes come after nearly two months of a ceasefire preceded by fifteen months of fighting. White House Press Secretary Caroline Levitt says the Trump administration was consulted on the latest Gaza strikes by Israel. Here she is speaking on Fox News.

News when you want it with Bloomberg News Now, I'm Doug Chrisner. Israel has launched military strikes on Hamas targets in Gaza. Israeli Prime Minister Benjamin Netniahu's office said it will act with increasing military force against Hamas now. These strikes come after nearly two months of a ceasefire preceded by fifteen months of fighting. White House Press Secretary Caroline Levitt says the Trump administration was consulted on the latest Gaza strikes by Israel. Here she is speaking on Fox News.

President Trump has made it clear Hamas the who thiast aaran. All those who seek to terrorize not just Israel, but also the United States of America will see a price to pay. All hell will break.

President Trump has made it clear Hamas the who thiast aaran. All those who seek to terrorize not just Israel, but also the United States of America will see a price to pay. All hell will break.

Loose, that is White House Press Secretary Caroline Levitt, speaking earlier on Fox News Now. The Israeli Prime Minister's office stated the move follows Hamas's refusal to release hostages and its rejection of proposals from the US we go to the Federal Reserve next. Governor Michelle Bowman has been tapped to serve as the Central Bank's Vice chair for supervision. President Trump made the announcement earlier in a post on social media, and we got reaction from Patrick McHenry, former US Representative of North Carolina.

Loose, that is White House Press Secretary Caroline Levitt, speaking earlier on Fox News Now. The Israeli Prime Minister's office stated the move follows Hamas's refusal to release hostages and its rejection of proposals from the US we go to the Federal Reserve next. Governor Michelle Bowman has been tapped to serve as the Central Bank's Vice chair for supervision. President Trump made the announcement earlier in a post on social media, and we got reaction from Patrick McHenry, former US Representative of North Carolina.

President Trump is nominated somebody who've got a wide bipartison vote of the United States Senate to the FED Board at number one, Number two highly qualified. Number three comes from the banking industry. I would call this a normative pick right in the broader set of politics of Washington, but a significant change for the Fed on how they're going to approach bank capital.

President Trump is nominated somebody who've got a wide bipartison vote of the United States Senate to the FED Board at number one, Number two highly qualified. Number three comes from the banking industry. I would call this a normative pick right in the broader set of politics of Washington, but a significant change for the Fed on how they're going to approach bank capital.

Patrick McHenry there, He is a former congressman from North Carolina. Now Bowman has been a sharp critic of a plan to require banks to hold more capital, and if confirmed, she's expected to support a lighter touch on bank regulation than her predecessor, Michael Barr. Tonight, a federal judge in Washington grilled the Department of just over its failure to comply with the judge's order to halt the deportation of hundreds of alleged Venezuelan gang members over the weekend. The Trump administration invoked the Alien Enemies Act as the basis for these deportations, and more than two hundred alleged gang members were placed on a flight to l Salvador that happened on Saturday. The judge ordered a halt to the process, but those deportations occurred anyway. So now the judge wants the DOJ to tell him by noon tomorrow exactly when the DOJ believed his order went into effect. President Trump is set to have a call with Russian President Vladimir Putin tomorrow about stopping the fighting in Ukraine. Now, the US is pressing for Russia to agree to a thirty day cease fire. Ukraine has already said it's ready to accept these terms. However, Putin has insisted on a number of conditions before he is ready to commit. Here is Trump speaking with reporters at the Kennedy Center. It's a bad situation in Russia, and it's a bad.

Patrick McHenry there, He is a former congressman from North Carolina. Now Bowman has been a sharp critic of a plan to require banks to hold more capital, and if confirmed, she's expected to support a lighter touch on bank regulation than her predecessor, Michael Barr. Tonight, a federal judge in Washington grilled the Department of just over its failure to comply with the judge's order to halt the deportation of hundreds of alleged Venezuelan gang members over the weekend. The Trump administration invoked the Alien Enemies Act as the basis for these deportations, and more than two hundred alleged gang members were placed on a flight to l Salvador that happened on Saturday. The judge ordered a halt to the process, but those deportations occurred anyway. So now the judge wants the DOJ to tell him by noon tomorrow exactly when the DOJ believed his order went into effect. President Trump is set to have a call with Russian President Vladimir Putin tomorrow about stopping the fighting in Ukraine. Now, the US is pressing for Russia to agree to a thirty day cease fire. Ukraine has already said it's ready to accept these terms. However, Putin has insisted on a number of conditions before he is ready to commit. Here is Trump speaking with reporters at the Kennedy Center. It's a bad situation in Russia, and it's a bad.

Situation, and what's happening in Ukraine is not good.

Situation, and what's happening in Ukraine is not good.

But we're going to see if we can.

But we're going to see if we can.

Work a peace agreement to ceasefire and peace, and I think we'll be able to do it.

Work a peace agreement to ceasefire and peace, and I think we'll be able to do it.

That is President Trump speaking earlier with reporters. Meantime, European leaders are worried that Trump may concede too much on Ukraine's behalf in any direct exchange with Putin, and they are pushing for security guarantees and for a peace keeping force to deter Russia from renewing hostilities in the future. Alphabet is in talks to acquire the cybersecurity startup Whiz. We are told the price tag is around thirty three billion dollars. You may remember last summer Alphabet was close to a deal for Whiz at roughly twenty three billion. Those talks, though, fell apart after Whiz and some of its investors had concern about the time it would take for a deal to clear regulatory hurdles. Today's data on retail sales suggest consumer spending is not collapsing. Overall retail sales rose by less than forecast in February, and the figures for January were revised down to mark the biggest decline since July twenty twenty one. Here is Bloomberg's Michael McKee.

That is President Trump speaking earlier with reporters. Meantime, European leaders are worried that Trump may concede too much on Ukraine's behalf in any direct exchange with Putin, and they are pushing for security guarantees and for a peace keeping force to deter Russia from renewing hostilities in the future. Alphabet is in talks to acquire the cybersecurity startup Whiz. We are told the price tag is around thirty three billion dollars. You may remember last summer Alphabet was close to a deal for Whiz at roughly twenty three billion. Those talks, though, fell apart after Whiz and some of its investors had concern about the time it would take for a deal to clear regulatory hurdles. Today's data on retail sales suggest consumer spending is not collapsing. Overall retail sales rose by less than forecast in February, and the figures for January were revised down to mark the biggest decline since July twenty twenty one. Here is Bloomberg's Michael McKee.

The seasonal of factors for February this year were very, very generous, and so we were expecting a rise in maybe a better than expected rise in the core component, which is what we got, but it really only netted out with a negative one percent. Revised down a figure for January, so for the first two months of the year it was flat, and of course the headline numbers were not very good at all, which may have something to do with the weather. We just don't know at this point, but we'll keep an eye on that going into March.

The seasonal of factors for February this year were very, very generous, and so we were expecting a rise in maybe a better than expected rise in the core component, which is what we got, but it really only netted out with a negative one percent. Revised down a figure for January, so for the first two months of the year it was flat, and of course the headline numbers were not very good at all, which may have something to do with the weather. We just don't know at this point, but we'll keep an eye on that going into March.

That is Bloomberg's Michael McKee. Separately, today, a pair of business surveys suggested growing caution. There were signs of financial stress mounting given risk of the escalating trade wars. And that is news when you want it with Bloomberg News. Now, I'm Doug Chrisner, and this is Bloomberg

That is Bloomberg's Michael McKee. Separately, today, a pair of business surveys suggested growing caution. There were signs of financial stress mounting given risk of the escalating trade wars. And that is news when you want it with Bloomberg News. Now, I'm Doug Chrisner, and this is Bloomberg