Doing the Math on Trump’s Tax Bill
As the debate about President Trump’s tax bill — known as the “One Big Beautiful Bill” — plays out among lawmakers in Washington, there’s been increasingly heated criticism of the non-partisan Congressional Budget Office. It calculates the costs and savings from the bill — including from the White …
What Happens Next in Los Angeles?
Today on the Big Take, Bloomberg national immigration reporter Alicia Caldwell joins host David Gura from Los Angeles to discuss the protests over ICE immigration raids, the clash between California and the federal government and how this fight could play out in other cities and in the courts.
What’s Driving Europe’s Political Shift to the Right?
Poland’s election of a Trump-backed conservative nationalist president early this week is part of a larger shift to the right across the European continent: Much like in the US, conservative, nationalist and right-wing parties are gaining traction. On today’s Big Take podcast, Bloomberg’s Rodney J…
The Dollar’s Dominance Is Unwinding in Asia
As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is under pressure. After Taiwan’s currency saw the biggest surge against the dollar in almost 40 years in early May, some money managers are saying the spike signals the acceleration of a bigger trend of moving in…
Stephen Miran Says There’s No Secret Dollar Pact
Chairman of the White House Council of Economic Advisers Stephen Miran has been a key voice in the Trump administration’s efforts to re-shape US economic policy, from near universal tariffs to a tax bill still in progress. On today’s Big Take DC podcast, Miran sits down with host Saleha Mohsin to…
President Trump’s Plans to Monetize the Middle East
President Trump is wrapping a whirlwind trip to the Middle East — complete with a flurry of proposed investment deals , controversial gifts and a major shift in US-Syria policy. On today’s Big Take podcast, Bloomberg’s Joumanna Bercetche joins host David Gura to unpack the biggest headlines from t…
Inside Trump’s First 100 Days
President Trump will celebrate 100 days back in office this week. The milestone comes amid a US-China trade war, ongoing conflict overseas and high-stakes battles over the future of higher education. On today’s Big Take podcast, Bloomberg’s Josh Wingrove joins host David Gura to take stock of how …
How Trump’s Tariffs Are Hitting Global Economic Growth
The International Monetary Fund released a forecast this week projecting that global GDP will grow just 2.8% — down half a percentage point since US President Donald Trump unleashed a raft of tariffs on April 2. Their projection for US GDP growth was particularly grim: Down nearly an entire percent…
Can Trump Tell Powell ‘You’re Fired'?
President Trump’s attacks on Federal Reserve Chair Jerome Powell just keep coming. Today on the Big Take, Bloomberg’s Michael McKee and Saleha Mohsin join Sarah Holder and David Gura to ask: Canthe president actually fire Powell? And what impact could his ongoing threats have on the US dollar and …
Who Will Blink First in the US-China Trade War?
As the trade war between Donald Trump and Xi Jinping continues to escalate, economists around the world are asking who will blink first. On today’s Big Take podcast, Bloomberg’s John Liu and Jennifer Welch join host David Gura to discuss what it will take for both presidents to come to the negotia…