This year’s G-20 summit in Brazil revealed a new reality: The world order is shifting as President Joe Biden wraps up his final months in office and President-elect Donald Trump returns to power.

On today’s Big Take podcast, Bloomberg’s Flavia Krause-Jackson and host David Gura join the show from Rio de Janeiro to talk through the gathering of the world’s largest economies and how they’re preparing for a new geopolitical era.

This year’s G-20 summit in Brazil revealed a new reality: The world order is shifting as President Joe Biden wraps up his final months in office and President-elect Donald Trump returns to power.
On today’s Big Take podcast, Bloomberg’s Flavia Krause-Jackson and host David Gura join the show from Rio de Janeiro to talk through the gathering of the world’s largest economies and how they’re preparing for a new geopolitical era.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

As the US Turns Inward, the World Order Realigns

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/65413760-7cf0-4159-9300-b22e0167ab3f/transcript

This week marks the end of President Trump’s first year back in office. His busy economic agenda included global tariffs, deregulation, tax cuts and so much more.

The deep and dramatic changes the Trump administration proposed and imposed have fundamentally changed the way the US does business. On today’s Big Take podcast, host David Gura and Bloomberg’s Nancy Cook and Mark Niquette discuss which initiatives have had the biggest impact so far and which are likely to last.

Hosted by David Gura; Produced by Julia Press; Reported by Nancy Cook and Mark Niquette; Edited by Tracey Samuelson and Patrick Hirsch; Fact-checking by Eleanor Harrison-Dengate; Engineering by Katie McMurran; Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

This week marks the end of President Trump&rsquo;s first year back in office. His busy economic agenda included global tariffs, deregulation, tax cuts and so much more.
The deep and dramatic changes the Trump administration proposed and imposed have fundamentally changed the way the US does business. On today&rsquo;s Big Take podcast, host David Gura and Bloomberg&rsquo;s Nancy Cook and Mark Niquette discuss which initiatives have had the biggest impact so far&nbsp;and which are likely to last.
Hosted by David Gura; Produced by Julia Press; Reported by Nancy Cook and Mark Niquette; Edited by Tracey Samuelson and Patrick Hirsch;&nbsp;Fact-checking by Eleanor Harrison-Dengate; Engineering by Katie McMurran; Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Trump’s Economy, One (Second) Year In

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/43d9ccfe-4587-4b7f-9442-b3d4016f84c3/transcript

For Beijing, the US capture of Venezuelan President Nicolás Maduro was a mixed bag -- an embarrassing surprise, a wake-up call over its alliances in Latin America and an opening to step up on the world stage, according to Nicholas Burns, the former US ambassador to China.

On today’s Big Take, host David Gura and Ambassador Burns discuss how President Donald Trump’s military actions and threats are reshaping China’s relationships across the Pacific and the Taiwan Strait—and how the so-called “Donroe Doctrine” could ultimately hand China a global edge.

Read more: How Maduro’s Removal Could Help China in Venezuela and Latin America

Hosted by David Gura; Produced by Rachael Lewis-Krisky; Edited by Jeffrey Grocott.

Fact-checking by Yang Yang and Naomi Ng; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

For Beijing, the US capture of Venezuelan President Nicol&aacute;s Maduro was a mixed bag -- an embarrassing surprise, a wake-up call over its alliances in Latin America and an opening to step up on the world stage, according to Nicholas Burns, the former US ambassador to China.
On today&rsquo;s Big Take, host David Gura and Ambassador Burns discuss how President Donald Trump&rsquo;s military actions and threats are reshaping China&rsquo;s relationships across the Pacific and the Taiwan Strait&mdash;and how the so-called &ldquo;Donroe Doctrine&rdquo; could ultimately hand China a global edge.
Read more: <a href="https://www.bloomberg.com/news/newsletters/2026-01-13/how-maduro-s-removal-could-help-china-in-venezuela-and-latin-america?srnd=undefined">How Maduro&rsquo;s Removal Could Help China in Venezuela and Latin America</a>
Hosted by David Gura; Produced by Rachael Lewis-Krisky; Edited by Jeffrey Grocott.
Fact-checking by Yang Yang and Naomi Ng; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Domino Effect of the ‘Donroe Doctrine’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b1a69f55-7c69-4d33-90ac-b3d4016cfacc/transcript

Since the 2008 financial crisis, private equity firms and other large investors have bought hundreds of thousands of homes across the US, expanding their footprint in the American real estate market. But President Trump blindsided the industry with a Truth Social post last week, announcing he would push for a ban on Wall Street investors scooping up single-family homes.

On today’s Big Take podcast, Bloomberg real estate reporter Patrick Clark and Bloomberg CityLab reporter Kriston Capps join host Sarah Holder to explain how big investors got a slice of the US housing market and whether pushing them out would actually put a dent in the country’s affordability crisis.

Editor's Note: Updated to remove reference to Pretium comment.

Read more: 
Trump Bid to Ban Corporate Homebuying Blindsides Wall Street
Trump Targets Institutional Investors in Affordable Housing Push
Wall Street Homebuyers Plan Counter-Offer After Trump Threat

Hosted by Sarah Holder; Produced by Julia Press;Reported by Patrick Clark and Kriston Capps;Edited by Aaron Edwards;Fact-checking by David Fox and Rachael Lewis-Krisky; Engineering by Alex Sugiura; Senior Producer Naomi Shavin; Deputy Executive Producer Julia Weaver; Executive Producer Nicole Beemsterboer

Since the 2008 financial crisis, private equity firms and other large investors have bought hundreds of thousands of homes across the US, expanding their footprint in the American real estate market. But President Trump blindsided the industry with a Truth Social post last week, announcing he would push for a ban on Wall Street investors scooping up single-family homes.
On today&rsquo;s Big Take podcast, Bloomberg real estate reporter Patrick Clark and Bloomberg CityLab reporter Kriston Capps join host Sarah Holder to explain how big investors got a slice of the US housing market and whether pushing them out would actually put a dent in the country&rsquo;s affordability crisis.
Editor's Note: Updated to remove reference to Pretium comment.
Read more:&nbsp;
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-01-07/trump-s-bid-to-block-corporate-homebuying-blindsides-wall-street">Trump Bid to Ban Corporate Homebuying Blindsides Wall Street</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-01-07/trump-to-target-institutional-purchases-of-single-family-homes">Trump Targets Institutional Investors in Affordable Housing Push</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2026-01-12/wall-street-homebuyers-plan-counter-offer-after-trump-threat">Wall Street Homebuyers Plan Counter-Offer After Trump Threat</a></li>
</ul>
Hosted by Sarah Holder; Produced by Julia Press; Reported by Patrick Clark and Kriston Capps; Edited by Aaron Edwards; Fact-checking by David Fox and Rachael Lewis-Krisky; Engineering by Alex Sugiura; Senior Producer Naomi Shavin; Deputy Executive Producer Julia Weaver; Executive Producer Nicole Beemsterboer

Trump’s Latest Target: Corporate Landlords

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c38a7a77-dbbc-4697-95d4-b3d3016ad1d8/transcript

As the US Turns Inward, the World Order Realigns

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