On Monday, Trump envoy Steve Witkoff flew to Moscow, while Ukrainian President Volodymyr Zelenskiy visited France. 

Witkoff is expected to meet with Russian President Vladimir Putin to try and sell him on the latest version of a peace deal, which has Ukrainian input. But after a phone call between Witkoff and a Russian counterpart, Zelenskiy is trying to shore up support among European allies — both to increase pressure on Trump to align with Ukraine and to garner more military support.

On today’s Big Take podcast, national security team leader Nick Wadhams unpacks the state of play between Russia and Ukraine, the developments of the last few days  and whether an end to the war could be in sight. 

Read more:
US Says Ukraine Talks Productive as Witkoff Heads to Russia
Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump
Witkoff Discusses Ukraine Plans With Key Putin Aide: Transcript

On Monday, Trump envoy Steve Witkoff flew to Moscow, while Ukrainian President Volodymyr Zelenskiy visited France. Witkoff is expected to meet with Russian President Vladimir Putin to try and sell him on the latest version of a peace deal, which has Ukrainian input. But after a phone call between Witkoff and a Russian counterpart, Zelenskiy is trying to shore up support among European allies &mdash; both to increase pressure on Trump to align with Ukraine and to garner more military support.
On today&rsquo;s Big Take podcast, national security team leader Nick Wadhams unpacks the state of play between Russia and Ukraine, the developments of the last few days&nbsp; and whether an end to the war could be in sight.&nbsp;
Read more:
<ul>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-11-30/rubio-calls-ukraine-talks-productive-as-witkoff-heads-to-russia?srnd=phx-europe-politics">US Says Ukraine Talks Productive as Witkoff Heads to Russia</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-11-25/witkoff-advised-russia-on-how-to-pitch-ukraine-plan-to-trump">Witkoff Advised Russia on How to Pitch Ukraine Plan to Trump</a></li>
<li aria-level="1"><a href="https://www.bloomberg.com/news/articles/2025-11-25/witkoff-discusses-ukraine-plans-with-key-putin-aide-transcript?itm_source=record&amp;itm_campaign=War_in_Ukraine&amp;itm_content=Witkoff_Call_Transcript-2">Witkoff Discusses Ukraine Plans With Key Putin Aide: Transcript</a></li>
</ul>

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

Where US-Russia Talks Leave Ukraine

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/80b6b83b-b178-4a88-a928-b3a6017f9489/transcript

The mayor of an affluent suburb of Los Angeles pleaded guilty to acting as an agent of the Chinese government last month. And while cable networks across the US had a field day with the story, Bloomberg’s Drake Bennett and Jordan Robertson have been reporting on cases like this one for years. The two co-hosted the podcast series, The Sixth Bureau, which detailed the inner workings of one of the most powerful and mysterious spy agencies in the world, China’s Ministry of State Security.

On today’s Big Take podcast, Drake and Jordan walk host David Gura through what we know about Wang’s case and what it tells us about the extent of Chinese propaganda and espionage in the United States amid ongoing tensions between the world’s two superpowers.

Further listening: http://swap.fm/l/9guIFZxhu17KqTWLxBFh 

Read more: https://www.bloomberg.com/features/the-sixth-bureau/

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by David Gura; Produced by Julia Press and Victor Yvellez; Reported by Drake Bennett and Jordan Robertson; Edited by Nicole Beemsterboer

Fact-checking by Laura Newcombe; Engineering by Alex Sugiura.

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

The mayor of an affluent suburb of Los Angeles pleaded guilty to acting as an agent of the Chinese government last month. And while cable networks across the US had a field day with the story, Bloomberg&rsquo;s Drake Bennett and Jordan Robertson have been reporting on cases like this one for years. The two co-hosted the podcast series, The Sixth Bureau, which detailed the inner workings of one of the most powerful and mysterious spy agencies in the world, China&rsquo;s Ministry of State Security. On today&rsquo;s Big Take podcast, Drake and Jordan walk host David Gura through what we know about Wang&rsquo;s case and what it tells us about the extent of Chinese propaganda and espionage in the United States amid ongoing tensions between the world&rsquo;s two superpowers.
Further listening:&nbsp;<a href="http://swap.fm/l/9guIFZxhu17KqTWLxBFh">http://swap.fm/l/9guIFZxhu17KqTWLxBFh</a>&nbsp;
Read more:&nbsp;<a href="https://www.bloomberg.com/features/the-sixth-bureau/">https://www.bloomberg.com/features/the-sixth-bureau/</a>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by David Gura; Produced by Julia Press and Victor Yvellez; Reported by Drake Bennett and Jordan Robertson; Edited by Nicole Beemsterboer
Fact-checking by Laura Newcombe; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

China Is Recruiting US Citizens to Work for Its Government

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d48e3747-0c05-4fdb-b106-b459013fc6b5/transcript

Free speech lawyers are watching in real time as the US government escalates efforts to unmask anonymous critics of ICE.

On today’s Big Take podcast, Justice Department reporter Jimmy Jenkins and legal reporter Zoe Tillman join host David Gura to break down their exclusive reporting on how the DOJ is deploying an old legal tool in a novel way.

We’ll hear from an attorney defending one of the users and explore what the new strategy means for social media platforms, online anonymity and First Amendment freedoms. 

Read more: The DOJ Wants to Know Who on Reddit and X Is Criticizing ICE's Tactics

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by David Gura; Produced by Julia Press; Reported by Jimmy Jenkins and Zoe Tillman; Edited by Jeffrey Grocott

Fact-checking by Rachael Lewis-Krisky and Laura Newcombe; Engineering by Alex Sugiura.

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

Free speech lawyers are watching in real time as the US government escalates efforts to unmask anonymous critics of ICE.
On today&rsquo;s Big Take podcast, Justice Department reporter Jimmy Jenkins and legal reporter Zoe Tillman join host David Gura to break down their exclusive reporting on how the DOJ is deploying an old legal tool in a novel way.
We&rsquo;ll hear from an attorney defending one of the users and explore what the new strategy means for social media platforms, online anonymity and First Amendment freedoms.&nbsp;
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2026-05-28/trump-s-doj-ramps-up-probes-of-anonymous-ice-critics-with-x-reddit-subpoenas">The DOJ Wants to Know Who on Reddit and X Is Criticizing ICE's Tactics</a>
We have a special Bloomberg subscription offer for podcast listeners at <a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by David Gura; Produced by Julia Press; Reported by Jimmy Jenkins and Zoe Tillman; Edited by Jeffrey Grocott
Fact-checking by Rachael Lewis-Krisky and Laura Newcombe; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The DOJ's Campaign to Track Down Anonymous ICE Critics

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/24a08645-12c8-46f7-97cc-b458015c86b7/transcript

The US Justice Department has announced it would establish a $1.776 billion legal fund to compensate people who claim they’ve been targeted unfairly by the federal government. The plan has been met with swift bipartisan backlash, with some lawmakers calling it a “slush fund” that could line the pockets of Trump loyalists and Jan. 6 rioters with taxpayer dollars.

On today’s Big Take podcast, host Sarah Holder joins Bloomberg reporters Chris Strohm and Erik Wasson to break down the mechanics of the fund, the Trump administration’s rationale for using it and the mounting questions around its oversight and legal grounds.

Read more: Jan. 6 Rioters Who Beat Police May Get Payouts, Blanche Says

Trump’s $1.8 Billion Settlement Fund Hits Senate GOP Backlash

Why Critics Call Trump’s $1.8B Anti-Weaponization Fund an Abuse of Power

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Sarah Holder; Produced by David Fox; Reported by Chris Strohm, Erik Wasson; Edited by Aaron Edwards.

Fact-checking by Laura Newcombe, Rachael Lewis-Krisky; Engineering by Emma Munger.

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

The US Justice Department has announced it would establish a $1.776 billion legal fund to compensate people who claim they&rsquo;ve been targeted unfairly by the federal government. The plan has been met with swift bipartisan backlash, with some lawmakers calling it a &ldquo;slush fund&rdquo; that could line the pockets of Trump loyalists and Jan. 6 rioters with taxpayer dollars.
On today&rsquo;s Big Take podcast, host Sarah Holder joins Bloomberg reporters Chris Strohm and Erik Wasson to break down the mechanics of the fund, the Trump administration&rsquo;s rationale for using it and the mounting questions around its oversight and legal grounds.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-05-19/jan-6-rioters-who-fought-police-could-get-payouts-blanche-says">Jan. 6 Rioters Who Beat Police May Get Payouts, Blanche Says</a>
<a href="https://www.bloomberg.com/news/articles/2026-05-21/gop-stalemates-on-trump-ballroom-funding-weaponization-fund">Trump&rsquo;s $1.8 Billion Settlement Fund Hits Senate GOP Backlash</a>
<a href="https://www.bloomberg.com/news/articles/2026-05-21/trump-s-1-8b-anti-weaponization-fund-fuels-corruption-claims">Why Critics Call Trump&rsquo;s $1.8B Anti-Weaponization Fund an Abuse of Power</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Sarah Holder; Produced by David Fox; Reported by Chris Strohm, Erik Wasson; Edited by Aaron Edwards.
Fact-checking by Laura Newcombe, Rachael Lewis-Krisky; Engineering by Emma Munger.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

Unpacking Trump’s $1.8 Billion Anti-Weaponization Fund

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/76c475dd-c4c8-4651-95dc-b457014a52fc/transcript

Where US-Russia Talks Leave Ukraine

In 1 playlist(s)

Big Take

Social links

Follow podcast

Recent clips