News when you wanted with Bloomberg News Now, I med Keleggy, President of Like. Donald Trump's team stood by Pete Hegseth, his nominee four Defense secretary, after media reports that police investigated a sexual assault claim against him and that his tattoos raised concern by a fellow army member. Stephen Chung, Trump's communication director said in a statement, mister Hegseith has vigorously denied any at all accusations and no charges were filed. The Washington Post reported Friday that Hegseth was investigated by police in California following an allegation that he sexually assaulted a woman in twenty seventeen, and that Trump's transition team is weighing his future in light of the revelations. The Post report cited a person familiar with the complaint, without identifying them. Monterey Police said they investigated Hegseth, an Army veteran and Fox News host, and that the incident did not result in criminal charges. The Post quoted Tim Parlatour, an attorney for Hegseeth, as saying that the assault allegation was fully invent, destigated, and found not to be true. President elect Trump filled more cabinet positions Friday North Dakota Governor Doug Bergham for Interior Secretary, Stephen Chung for White House Communications Director, Caroline Levitt for White House Press Secretary, and Todd Blanche for Deputy Attorney General. President elect Trump is still weighing candidates for Treasury Secretary. The list includes Key Square Group founder Scott Bessant, Canter Fitzgerald CEO, Howard Lutnik, and Robert Leiteizer, Trump's first term trade advisor. This according to sources, Bloomberg's Selia Mosen says, it appears the President elect is leaning towards a Wall Street friendly pick.

News when you wanted with Bloomberg News Now, I med Keleggy, President of Like. Donald Trump's team stood by Pete Hegseth, his nominee four Defense secretary, after media reports that police investigated a sexual assault claim against him and that his tattoos raised concern by a fellow army member. Stephen Chung, Trump's communication director said in a statement, mister Hegseith has vigorously denied any at all accusations and no charges were filed. The Washington Post reported Friday that Hegseth was investigated by police in California following an allegation that he sexually assaulted a woman in twenty seventeen, and that Trump's transition team is weighing his future in light of the revelations. The Post report cited a person familiar with the complaint, without identifying them. Monterey Police said they investigated Hegseth, an Army veteran and Fox News host, and that the incident did not result in criminal charges. The Post quoted Tim Parlatour, an attorney for Hegseeth, as saying that the assault allegation was fully invent, destigated, and found not to be true. President elect Trump filled more cabinet positions Friday North Dakota Governor Doug Bergham for Interior Secretary, Stephen Chung for White House Communications Director, Caroline Levitt for White House Press Secretary, and Todd Blanche for Deputy Attorney General. President elect Trump is still weighing candidates for Treasury Secretary. The list includes Key Square Group founder Scott Bessant, Canter Fitzgerald CEO, Howard Lutnik, and Robert Leiteizer, Trump's first term trade advisor. This according to sources, Bloomberg's Selia Mosen says, it appears the President elect is leaning towards a Wall Street friendly pick.

It does seem like Trump wants to pick someone with Wall Street pedigree, which is what he did in his first term. He has Steven Mnusian, who came from Goldman Sachs, a Hollywood financier, an interesting background there and had known Trump for many, many years, and he was someone that he had a long term relationship with and saw him as someone who would implement his policies.

It does seem like Trump wants to pick someone with Wall Street pedigree, which is what he did in his first term. He has Steven Mnusian, who came from Goldman Sachs, a Hollywood financier, an interesting background there and had known Trump for many, many years, and he was someone that he had a long term relationship with and saw him as someone who would implement his policies.

Salaja Mosen, speaking Withlomberg's Kelly Lines. Larry Kudlow, Trump's former National Economic Council director, who was in the Mix for a senior economic policy job, informed the President elect's team that he does not want a role. Republican Speaker of the House Mike Johnson is urging the House Ethics Committee to keep secret AIDS findings on alleged sexual and other misconduct by former House Member Matt Gates. President elect Trump's choice for Attorney General, Bloomberg Scott Carr has.

Salaja Mosen, speaking Withlomberg's Kelly Lines. Larry Kudlow, Trump's former National Economic Council director, who was in the Mix for a senior economic policy job, informed the President elect's team that he does not want a role. Republican Speaker of the House Mike Johnson is urging the House Ethics Committee to keep secret AIDS findings on alleged sexual and other misconduct by former House Member Matt Gates. President elect Trump's choice for Attorney General, Bloomberg Scott Carr has.

More even some members of Trump's own party have been wary of approving Gates as the nation's chief law enforcement officer. Senators from both sides of the aisle continued to press for the results of the investigation by a House Ethics panel into the allegations that Gates engaged in sexual misconduct, took illicit drugs, and accepted improper gifts to be released, at least to them prior to any Senate confirmation hearings. Speaker Johnson says giving in to calls to release the report would open a Pandora's box, setting a precedent for disclosing potentially derogatory information on former members of Congress. Gates has denied the allegations. In Washington, Scott car Bloomberg, Radio.

More even some members of Trump's own party have been wary of approving Gates as the nation's chief law enforcement officer. Senators from both sides of the aisle continued to press for the results of the investigation by a House Ethics panel into the allegations that Gates engaged in sexual misconduct, took illicit drugs, and accepted improper gifts to be released, at least to them prior to any Senate confirmation hearings. Speaker Johnson says giving in to calls to release the report would open a Pandora's box, setting a precedent for disclosing potentially derogatory information on former members of Congress. Gates has denied the allegations. In Washington, Scott car Bloomberg, Radio.

Democrat Jared Golden won reelection in Maine second Congressional district. According to the Associated Press, Golden defeated Republican Austin Terrio, a state lawmaker and former NASCAR driver. Golden has held the seat since twenty nineteen. In addition, Democratic Representative Josh hard won re election to a US House seat representing California Friday, defeating Republican Kevin Lincoln. Harder, who had been a venture capitalist, was first elected in twenty eighteen when he defeated a four term GOP incumbent. As President Biden meets with China's Xijin Ping, the prospect of a policy reversal by the president elect looms large. Representative Ashley Hinted, Republican from Iowa, is a member of both the Agriculture Appropriation Subcommittee and the China Competition Committee. She said in a Bloomberg interview that she favors a tougher policy towards China.

Democrat Jared Golden won reelection in Maine second Congressional district. According to the Associated Press, Golden defeated Republican Austin Terrio, a state lawmaker and former NASCAR driver. Golden has held the seat since twenty nineteen. In addition, Democratic Representative Josh hard won re election to a US House seat representing California Friday, defeating Republican Kevin Lincoln. Harder, who had been a venture capitalist, was first elected in twenty eighteen when he defeated a four term GOP incumbent. As President Biden meets with China's Xijin Ping, the prospect of a policy reversal by the president elect looms large. Representative Ashley Hinted, Republican from Iowa, is a member of both the Agriculture Appropriation Subcommittee and the China Competition Committee. She said in a Bloomberg interview that she favors a tougher policy towards China.

What we will see as president, she probably take a little bit of a different posture. Now, who's coming in next and he's seen this show before. He knows that President Trump talks tough. We still need to be able to sell our products to China. For every action that we take. We know China is going to take some sort of action to retaliate.

What we will see as president, she probably take a little bit of a different posture. Now, who's coming in next and he's seen this show before. He knows that President Trump talks tough. We still need to be able to sell our products to China. For every action that we take. We know China is going to take some sort of action to retaliate.

When President Trump levied tariffs on China in his first term, China retaliated against American farm exports, leading to more US government farm subsidy payments. Federal Reserve Bank of Chicago President Austin Goulesby sees rates coming down in line with the FEDS dot plot over the next year.

When President Trump levied tariffs on China in his first term, China retaliated against American farm exports, leading to more US government farm subsidy payments. Federal Reserve Bank of Chicago President Austin Goulesby sees rates coming down in line with the FEDS dot plot over the next year.

I still think we have a long way to go down with raids. There's some dispute about what is the neutral rate at which we're going to settle down. If there's disagreement about that, that we don't just charge right to it, that we slow the pace as we get toward it.

I still think we have a long way to go down with raids. There's some dispute about what is the neutral rate at which we're going to settle down. If there's disagreement about that, that we don't just charge right to it, that we slow the pace as we get toward it.

Austin Golesby spoke with Bloomberg's Michael McKee on Bloomberg Business Sweek. Goolsby added that interest rates remain restrictive, so there's still room to cut borrowing costs to a more neutral level. The country is producing millions of small, lightweight drones, but Kiev has a limited budget to buy them. Above Ukraine, a sky full of drones is changing the war. You can read all about it in Bloomberg's weekend edition exploring the places where finance, life and culture meets. Find it now on Bloomberg dot com, in the Bloomberg Business App. The Friday numbers on Wall Street, the Dow was down three hundred and six, Nasdaq lost four one hundred and twenty eight, and the S and P was down seventy nine. That's news when you want it with Bloomberg News Now. I met Kleggi, and this is Bloomberg

Austin Golesby spoke with Bloomberg's Michael McKee on Bloomberg Business Sweek. Goolsby added that interest rates remain restrictive, so there's still room to cut borrowing costs to a more neutral level. The country is producing millions of small, lightweight drones, but Kiev has a limited budget to buy them. Above Ukraine, a sky full of drones is changing the war. You can read all about it in Bloomberg's weekend edition exploring the places where finance, life and culture meets. Find it now on Bloomberg dot com, in the Bloomberg Business App. The Friday numbers on Wall Street, the Dow was down three hundred and six, Nasdaq lost four one hundred and twenty eight, and the S and P was down seventy nine. That's news when you want it with Bloomberg News Now. I met Kleggi, and this is Bloomberg