Trump-Harris Debate; Buffett Trims Big Bank Stock

Bloomberg Audio Studios, Podcasts, Radio News. 0:00:10.000 --> 0:00:10.560 Good morning. 0:00:10.560 --> 0:00:13.400 I'm Nathan Hager and I'm Karen Moscow. Here are the 0:00:13.440 --> 0:00:14.920 stories we're following today. 0:00:15.120 --> 0:00:17.840 Karen, let's start with the latest on the presidential race. 0:00:18.000 --> 0:00:20.799 Former President Donald Trump has yet to commit to a 0:00:20.840 --> 0:00:23.639 debate with Vice President Kambala Harris now that she's the 0:00:23.680 --> 0:00:27.040 Democrat's presumptive nominee, but in an interview last night with 0:00:27.080 --> 0:00:30.120 Fox News host Laura Ingram, Trump said he will probably 0:00:30.240 --> 0:00:31.920 end up debating Harris eventually. 0:00:32.320 --> 0:00:34.519 I want to do a debate, but I also can 0:00:34.560 --> 0:00:38.800 say this. Everybody knows who I am, and now people 0:00:38.840 --> 0:00:42.160 know who she is. She's a radical left lunatic. She'll 0:00:42.200 --> 0:00:44.080 destroy our country. She once openboord. 0:00:44.120 --> 0:00:44.760 Why not debater? 0:00:44.920 --> 0:00:47.720 Well wait, but because they already know everything. 0:00:48.280 --> 0:00:50.760 Former President Trump says if he does debate Harris, he 0:00:50.760 --> 0:00:52.920 would like to do it before early votes are cast. 0:00:53.000 --> 0:00:55.880 Harris has accused Trump of backpedaling on a debate set 0:00:55.920 --> 0:00:59.280 for September tenth on ABC News. In the Fox interview, 0:00:59.320 --> 0:01:02.760 Trump called a a a quote terrible outfit. He complained 0:01:02.760 --> 0:01:04.880 about the network getting rich off the debate. 0:01:05.560 --> 0:01:08.479 Meanwhile, Nathan Vice President Harris is honing in on her 0:01:08.560 --> 0:01:11.240 search for a running mate, and now she has one 0:01:11.520 --> 0:01:15.360 less candidate to consider. North Carolina Governor Roy Cooper is 0:01:15.440 --> 0:01:18.600 pulling his name from consideration. In a post on x 0:01:18.680 --> 0:01:21.240 he says it's not the right time for him or 0:01:21.280 --> 0:01:24.040 his state to be on a national ticket. And Cooper 0:01:24.160 --> 0:01:25.920 was campaigning for Harris last night. 0:01:26.160 --> 0:01:30.440 If white males would vote one to two percent more 0:01:30.600 --> 0:01:35.960 for Democrats than they usually do, then we win this race. 0:01:36.640 --> 0:01:39.600 Governor Roy Cooper took part in a Zoom call dubbed 0:01:39.680 --> 0:01:42.760 white Dudes for Harris. Today, Harris will be back out 0:01:42.800 --> 0:01:45.399 on the campaign trail with a rally in Atlanta. The 0:01:45.480 --> 0:01:48.280 vice president is looking to expand the electoral map into 0:01:48.280 --> 0:01:52.000 the sun Belt states of Georgia, Arizona, and Neveda, along 0:01:52.040 --> 0:01:56.000 with the democrats traditional blue wall of Michigan, Wisconsin, and Pennsylvania. 0:01:56.160 --> 0:01:58.640 Less for President Biden Karen He's no longer on the 0:01:58.640 --> 0:02:00.880 campaign trail, but he is is making a play for 0:02:01.040 --> 0:02:04.160 major Supreme Court reform in an appearance at the Lynden 0:02:04.240 --> 0:02:07.600 Bins Johnson Library in Austin, Texas. We get that story 0:02:07.600 --> 0:02:08.880 from Bloomberg's Ed Baxter. 0:02:09.440 --> 0:02:12.519 President Biden is calling for lawmakers to pass new binding 0:02:12.680 --> 0:02:15.280 ethic rules and term limits for the justices. 0:02:15.600 --> 0:02:17.680 This nation was founded on the principle there are no 0:02:17.840 --> 0:02:19.680 kings in America. 0:02:19.880 --> 0:02:21.560 Each of usn't equal before the law. 0:02:22.400 --> 0:02:26.239 But Senate Minority Leader Mitch McConnell says it is not necessary. 0:02:26.360 --> 0:02:29.200 President Biden has left as well as that don't like 0:02:29.280 --> 0:02:32.560 the current composition of the Court, so they want to 0:02:32.600 --> 0:02:34.560 shred the constitution to change it. 0:02:34.880 --> 0:02:38.800 McConnell says they're already ethics rules in place. Biden attends 0:02:38.840 --> 0:02:42.800 the current court is undermined long established civil rights principles 0:02:42.840 --> 0:02:46.640 and protections. Ed Baxter Bloomberg Radio, All. 0:02:46.560 --> 0:02:47.240 Right, and thank you. 0:02:47.280 --> 0:02:51.200 Now to the latest developments in the presidential election in Venezuela. 0:02:51.320 --> 0:02:55.240 The country's opposition says it can prove electoral fraud as 0:02:55.320 --> 0:02:57.960 thousands took to the streets of the capital, Caracas to 0:02:58.040 --> 0:03:03.200 protest what they say is Nicholas Maduro's fraudulent win. Opposition 0:03:03.280 --> 0:03:07.000 leader Maria Colorina Machado, speaking through an interpreter, says her 0:03:07.080 --> 0:03:09.880 candidate won more than double Maduro's votes. 0:03:10.360 --> 0:03:16.040 Oda good today. 0:03:16.360 --> 0:03:20.239 I want to tell all Venezuelans in the country and abroad, 0:03:20.280 --> 0:03:22.960 to all the Democrats of the world, we now have 0:03:23.080 --> 0:03:26.960 proof of the truth of what happened yesterday in Venezuela. 0:03:27.200 --> 0:03:30.520 Yeah, the administration has accused Machado of being involved in 0:03:30.520 --> 0:03:33.320 a plot to alter the voting results. That our national 0:03:33.480 --> 0:03:37.520 pressure has been ramping up on Maduro to provide transparency 0:03:37.680 --> 0:03:38.800 over the election tally. 0:03:39.200 --> 0:03:41.400 Back to the US now, Karen with a focus on 0:03:41.440 --> 0:03:45.480 the FED begins its two day meeting on interest rates today. 0:03:45.840 --> 0:03:49.920 No change in monetary policy is expected tomorrow, but policymakers 0:03:49.920 --> 0:03:52.040 are expected to set the stage for a rate cut 0:03:52.080 --> 0:03:56.000 in September. Amanda Linum, head of macro credit research at Blackrock, 0:03:56.080 --> 0:03:58.160 talked about the FED on Bloomberg surveillance. 0:03:58.480 --> 0:04:00.000 The way it stands right now is we don't see 0:04:00.360 --> 0:04:04.360 a lot of urgency for large or swift rate cuts. 0:04:04.400 --> 0:04:06.600 So the base case that we have is twenty five 0:04:06.640 --> 0:04:10.080 basis points every other meeting, So that means maybe two 0:04:10.120 --> 0:04:13.800 cuts this year and then a handful of cuts next year. 0:04:14.040 --> 0:04:17.080 Say we land at a terminal rate closer to four percent, 0:04:17.520 --> 0:04:20.599 definitely less restrictive where we are now, but nowhere near 0:04:21.120 --> 0:04:23.839 the zero lower bound of the post financial crisis era. 0:04:23.800 --> 0:04:26.599 Black Rocks Amanda line them says swaps markets are fully 0:04:26.640 --> 0:04:28.080 pricing a September move. 0:04:28.600 --> 0:04:29.040 Well, Nathan. 0:04:29.080 --> 0:04:31.520 The yen is weakening against the dollar as the Bank 0:04:31.520 --> 0:04:34.599 of Japan also kicks off a two day policy meeting, 0:04:34.640 --> 0:04:37.960 overnight index swaps price and a thirty four percent chance 0:04:38.000 --> 0:04:41.679 of an interest rate increase of fifteen basis points in Europe. 0:04:41.680 --> 0:04:44.200 Care in the euro Area economy grew more than expected 0:04:44.240 --> 0:04:47.560 in the second quarter, as resilient expansion in key countries 0:04:47.600 --> 0:04:52.080 allowed the region to shrug off Germany's surprise contraction. Gross 0:04:52.080 --> 0:04:54.719 domestic product grows three tenths of one percent as both 0:04:54.720 --> 0:04:57.440 France and Spain beat estimates and Italy kept growing as well. 0:04:57.440 --> 0:05:00.440 That offset a tenth of one percent drop in Germany. 0:05:01.000 --> 0:05:02.599 Nathan Earnings also in focus. 0:05:02.600 --> 0:05:05.600 Shares Adagio down eight and a half percent in Europe, 0:05:05.640 --> 0:05:09.159 A slotted Latin America, the Caribbean and the US pushed 0:05:09.160 --> 0:05:11.760 the maker of Johnny Walker whiskey to its first annual 0:05:11.839 --> 0:05:13.560 sales declines since the pandemic. 0:05:13.839 --> 0:05:16.599 Shares a VP meanwhileer up about one and a half percent. 0:05:16.680 --> 0:05:19.760 The British oil giant posted profit above analyst estimates. Strong 0:05:19.839 --> 0:05:23.000 second quarter earnings from pumping crude offset weakness in other 0:05:23.040 --> 0:05:25.760 parts of the business. BP also maintained the pace of 0:05:25.800 --> 0:05:28.799 share buybacks, and increased its dividend. 0:05:28.720 --> 0:05:31.200 Well here in the US, Nathan. Big tech earnings are 0:05:31.240 --> 0:05:34.360 in focus as Microsoft reports after the closing bill, and 0:05:34.400 --> 0:05:37.680 Bloomberry's Tom Busby has more on what to expect. 0:05:38.080 --> 0:05:41.080 The big focus for investors whether Microsoft can continue to 0:05:41.120 --> 0:05:44.320 post strong growth in its cloud unit, led by its 0:05:44.440 --> 0:05:48.320 Azure Cloud infrastructure business. Also key, whether the billions of 0:05:48.360 --> 0:05:52.560 dollars had spent on its generative AI chatbot Microsoft Copilot 0:05:53.000 --> 0:05:55.680 will start to pay off. Consensus calls for revenue of 0:05:55.720 --> 0:05:58.960 sixty four point five to two billion dollars adjusted earnings 0:05:58.960 --> 0:06:02.080 per share of two dollars ninety four cents. Tom Busby, 0:06:02.200 --> 0:06:03.520 Bloomberg Radio. 0:06:03.320 --> 0:06:05.120 All right, Tom, thank you, And ahead of those earnings, 0:06:05.120 --> 0:06:07.800 Microsoft is calling on Congress to crack down on so 0:06:07.880 --> 0:06:11.360 called deep fakes. The company's urging lawmakers to pass a 0:06:11.440 --> 0:06:14.640 comprehensive law aimed at images and sound made with artificial 0:06:14.640 --> 0:06:19.040 intelligence to prevent election interference and malicious targeting of individuals. 0:06:19.080 --> 0:06:22.520 Microsoft is calling for labels on AI generated content, as 0:06:22.520 --> 0:06:25.279 well as federal and state laws that penalize creation and 0:06:25.320 --> 0:06:28.240 distribution of sexually exploitative deep fakes. 0:06:28.680 --> 0:06:31.920 Nathan Moren Buffett is unloading more shares of Bank of America. 0:06:31.960 --> 0:06:35.599 Buffett's Berkshire Hathaway disclosed its third disposal this month of 0:06:35.640 --> 0:06:39.920 BFA shares, pairing its massive profitable bet on the lender 0:06:40.000 --> 0:06:43.000 by more than three billion dollars. Even with the reduction, 0:06:43.120 --> 0:06:46.280 Berkshire still holds almost nine hundred to sixty two million 0:06:46.320 --> 0:06:49.400 shares worth thirty nine and a half billion dollars. 0:06:49.600 --> 0:06:52.680 Man Karen, Famed short seller Andrew Left has pleaded not 0:06:52.839 --> 0:06:56.120 guilty to federal fraud charges. This sets the stage for 0:06:56.160 --> 0:07:00.320 a high profile legal battle over his strategies. Prosecutors hughes 0:07:00.320 --> 0:07:03.279 the Citron Research founder, of manipulating the market to benefit 0:07:03.320 --> 0:07:07.240 his trading and making false statements to investigators. If convicted, 0:07:07.320 --> 0:07:10.920 Left faces decades behind bars. His trial is set for 0:07:11.000 --> 0:07:11.800 late September. 0:07:15.520 --> 0:07:16.800 And it's time now for a look at some of 0:07:16.840 --> 0:07:19.280 the other stories making news in New York and around 0:07:19.280 --> 0:07:22.280 the world. And for that we're joined by Bloomberg's Michael Barr. Michael, 0:07:22.280 --> 0:07:23.800 Good morning, Good morning, Karen. 0:07:23.880 --> 0:07:27.000 There are fears over a broader regional war in the 0:07:27.000 --> 0:07:30.880 Middle East after Israel promised retaliation for a missile strike 0:07:30.960 --> 0:07:33.880 that killed twelve children on a soccer field in the 0:07:33.960 --> 0:07:37.920 Israeli controlled Golan Heights over the weekend. Has Belah Is 0:07:38.000 --> 0:07:41.240 denied being behind the attack. Some people in the community 0:07:41.280 --> 0:07:44.720 where it struck have openly questioned the claim that the 0:07:44.720 --> 0:07:49.680 civilian area was intentionally targeted. Prime Minister Benjamin NETANYAHUO visiting 0:07:49.720 --> 0:07:52.360 the site of the attack, says this cannot be ignored, 0:07:53.240 --> 0:07:57.560 and Illinois sheriff says his department quote failed. Sonya Massy. 0:07:58.080 --> 0:08:00.240 She was the black woman shot to death by a 0:08:00.280 --> 0:08:03.160 white deputy in her home after she called nine one 0:08:03.280 --> 0:08:08.240 one about possible intruders. Sangamon County Sheriff Jack Campbell spoke 0:08:08.320 --> 0:08:11.480 at a community meeting in response to outrage over the 0:08:11.480 --> 0:08:13.320 shooting at protest nationwide. 0:08:13.560 --> 0:08:17.520 I'm sorry, she Calfordhall and Fair. 0:08:22.640 --> 0:08:26.160 The now fire Deputy Sean Grayson is charged with homicide 0:08:26.760 --> 0:08:29.400 a horrible knife attack in Britain. Police say at the 0:08:29.400 --> 0:08:33.120 stabbings at a children's dance class in northwest England yesterday 0:08:33.520 --> 0:08:37.400 killed two children and injured nine others. The event was 0:08:37.440 --> 0:08:40.760 a Taylor Swift themed dance and yoga event for children 0:08:40.880 --> 0:08:44.200 aged about six to eleven years old. It took place 0:08:44.240 --> 0:08:48.360 at a community center in Southport, near Liverpool. Chief Constable 0:08:48.480 --> 0:08:49.320 Serena Kennedy. 0:08:49.640 --> 0:08:52.960 When they arrived, they were shocked to find that multiple people, 0:08:53.480 --> 0:08:56.040 many of whom were children, had been subjected to a 0:08:56.080 --> 0:08:57.160 ferocious attack. 0:08:58.200 --> 0:09:01.440 Chief Kennedy says officials ever Ran hosted a seventeen year 0:09:01.520 --> 0:09:05.400 old boy in the incident. Today, New York's highest Court 0:09:05.520 --> 0:09:08.560 will hear the latest GOP challenge to the state's mail 0:09:08.600 --> 0:09:12.040 in Voting Act. They argue the Democrats violated the state 0:09:12.120 --> 0:09:15.720 constitution when they passed the early voting law last year, 0:09:16.160 --> 0:09:19.400 but New York state political expert Michael Krasner says that's 0:09:19.480 --> 0:09:21.480 not what this is really all about. 0:09:21.920 --> 0:09:25.080 What's really on their mind is winning and losing elections, 0:09:25.280 --> 0:09:29.280 and in general, the easier it is for people to vote, 0:09:29.320 --> 0:09:33.600 the better Democrats do, and the more likely Republicans are 0:09:33.760 --> 0:09:34.280 to lose. 0:09:34.400 --> 0:09:37.600 Krasner says, what the legislation is doing is protecting and 0:09:37.640 --> 0:09:40.959 extending a basic right. Global news twenty four hours a 0:09:41.040 --> 0:09:43.880 day and whenever you want it with the Bloomberg News Now, 0:09:43.960 --> 0:09:46.920 I'm Michael Barr, and this is Bloomberg Karen. 0:09:47.080 --> 0:09:48.360 All right, Michael Barr, thank you. 0:09:53.240 --> 0:09:56.200 Time now for the Bloomberg Sports Update with John stash Hour. 0:09:56.320 --> 0:09:58.920 John, Good morning, Good morning Karen, easy victories for the 0:09:58.920 --> 0:10:01.520 Mets and Yankees. The only drama was in scene which 0:10:01.600 --> 0:10:03.680 New York team would score the most runs. 0:10:03.720 --> 0:10:04.520 It was the Mets. 0:10:04.840 --> 0:10:07.880 They walloped the Twins at City Field fifteen to two. 0:10:08.000 --> 0:10:11.120 Scored all their runs in three innings, six in the fourth, 0:10:11.240 --> 0:10:13.760 five and the sixth four more on the eighth. Mets 0:10:13.760 --> 0:10:16.240 had seventeen hits, only one homer, that from Pete Alonzo. 0:10:16.320 --> 0:10:19.360 The Yankees hit six home runs in Philadelphia, and sure 0:10:19.440 --> 0:10:21.640 enough for pair from the captain. 0:10:21.720 --> 0:10:23.559 March's pitch to swim on. 0:10:23.880 --> 0:10:26.000 Oh hit in the air to d blaff. There it 0:10:26.160 --> 0:10:27.640 goes way back. 0:10:28.000 --> 0:10:30.640 Oh hoy, useemy. 0:10:30.160 --> 0:10:32.559 Go, Oh what a shot? 0:10:33.320 --> 0:10:36.920 Sharon Judge his second. 0:10:36.559 --> 0:10:37.400 Barb of the night. 0:10:37.640 --> 0:10:40.360 Wfan had It's a Judge now thirty nine homers on 0:10:40.400 --> 0:10:43.439 the season, and welcome to the Yankees. Jazz Chisholm his 0:10:43.520 --> 0:10:46.160 second game of his new team, he homer twice. Ben 0:10:46.240 --> 0:10:48.400 Rice and Anthony Volpe also left the Yard Yanks all 0:10:48.440 --> 0:10:51.640 over the Major League leading Phillies fourteen to four. Yanks 0:10:51.640 --> 0:10:53.959 have scored forty runs in their last four games, only 0:10:53.960 --> 0:10:57.080 half game behind Baltimore, who' split a doublehead of with Toronto, 0:10:57.240 --> 0:11:00.640 last place Blue Jays, waving the white flag in their season, 0:11:00.640 --> 0:11:04.000 traded Justin Turner to Seattle. Pitcher use Kakuchi, the Houston 0:11:04.040 --> 0:11:08.120 outfielder Lane Thomas going from Washington to Cleveland. Cincinnati traded 0:11:08.120 --> 0:11:12.319 Frankie Montest in Milwaukee. The Giants del Jorge Solaiir to Atlanta. 0:11:12.360 --> 0:11:15.880 The trade deadline six o'clock Today. At the Olympics, US 0:11:15.920 --> 0:11:19.040 won a couple of silver medals five bronze. They still 0:11:19.040 --> 0:11:21.959 have only three gold medals that could change today in 0:11:22.000 --> 0:11:24.760 the women's gymnastics finals. Simone Biles will be in all 0:11:24.760 --> 0:11:25.440 four events. 0:11:25.800 --> 0:11:26.320 In the pool. 0:11:26.400 --> 0:11:29.520 Yesterday, fifteen medals won by swimmers from ten different nations, 0:11:29.559 --> 0:11:32.559 and three golds were won by swimmers under the age 0:11:32.559 --> 0:11:36.280 of twenty one. Seventeen year old Canadian phenom Summer Macintosh 0:11:36.320 --> 0:11:38.920 won the four hundred am. She's expected to win a 0:11:38.960 --> 0:11:42.440 couple more goals. John Stashewer, Bloomberg Sports Kerry Newton. 0:11:44.480 --> 0:11:48.640 Coast to Coast on Bloomberg Radio, nationwide on Sirius XM, 0:11:48.720 --> 0:11:51.640 and around the world on Bloomberg dot Com and the 0:11:51.679 --> 0:11:55.760 Bloomberg Business app. This is Bloomberg Daybreak. Good morning. 0:11:55.760 --> 0:11:58.240 I'm Nathan Hager, watching political developments on a couple of 0:11:58.320 --> 0:12:01.360 fronts this morning. In Venezuela, the opposition says it can 0:12:01.480 --> 0:12:06.000 prove candidated. Mundo Gonzalez defeated President Nicholas Maduro on Sunday 0:12:06.000 --> 0:12:09.080 in a landslide. While here in the US, former President 0:12:09.120 --> 0:12:11.200 Donald Trump's going back and forth on whether he wants 0:12:11.200 --> 0:12:13.800 to debate his new opponent in the twenty twenty four race. 0:12:14.200 --> 0:12:16.840 Vice President Kamala Harris. For the latest on all the 0:12:16.880 --> 0:12:21.120 politics were joined now by Bloomberg News Senior editor Bill Ferries. Bill, 0:12:21.160 --> 0:12:24.160 good morning, What is the latest in this disputed election 0:12:24.320 --> 0:12:28.840 result in Venezuela. Maduro The president has been declared the winner, 0:12:28.840 --> 0:12:32.479 but the opposition apparently says it's got a pretty significant 0:12:32.559 --> 0:12:33.320 tally of its own. 0:12:34.360 --> 0:12:34.560 Right. 0:12:34.679 --> 0:12:37.480 We saw thousands of people taking to the streets, not 0:12:37.679 --> 0:12:40.120 just in Caracas, but in some other parts of the 0:12:40.160 --> 0:12:44.000 country and within Caracas in neighborhoods that have in the 0:12:44.040 --> 0:12:47.479 past been more pro Maduro. So it's a very tense situation. 0:12:48.000 --> 0:12:51.880 The opposition says that it has seen detailed voter data 0:12:52.240 --> 0:12:56.200 that shows they had an irreversible win with more than 0:12:56.320 --> 0:13:00.000 double the vote count for their candidate at Mundo Gonzala 0:13:00.160 --> 0:13:02.760 US than what Maduro got so we have to see 0:13:02.800 --> 0:13:07.240 what happens as morning unfolds there in South America, the 0:13:07.400 --> 0:13:11.520 opposition has called for what they're calling citizen assemblies to 0:13:11.600 --> 0:13:16.240 begin taking place around eleven eleven thirty am, and other 0:13:16.320 --> 0:13:19.440 news related to that. President Biden is expected to have 0:13:19.520 --> 0:13:22.840 a call with Brazil's president today as well to discuss 0:13:22.880 --> 0:13:27.800 the situation. And Venezuela's government, meanwhile, has said has accused 0:13:27.840 --> 0:13:31.200 the opposition of trying to rig the election, and we 0:13:31.320 --> 0:13:34.439 haven't seen arrest warrants go out for the opposition leaders, 0:13:34.679 --> 0:13:38.960 but that's something that their supporters, opposition supporters are watching 0:13:38.960 --> 0:13:39.319 out for. 0:13:39.640 --> 0:13:42.920 Apart from those next steps, including that conversation between the 0:13:42.920 --> 0:13:46.240 president and Brazil's leader, who's been a traditional ally I 0:13:46.280 --> 0:13:49.680 believe of Maduro. Unless I'm mistaken, I guess the ball 0:13:49.760 --> 0:13:54.160 is in now Maduro's court to show that the election 0:13:54.360 --> 0:13:58.720 results as certified by the Electoral Center are indeed valid. 0:14:00.120 --> 0:14:05.080 Maduro government and going back before him, his predecessor, Hugo Chavez, 0:14:05.320 --> 0:14:08.720 I mean, all the major elections that they had were 0:14:08.760 --> 0:14:12.600 tainted by accusations of fraud, but it definitely feels different 0:14:12.640 --> 0:14:15.480 this time. The opposition was pretty buoyant heading into the 0:14:15.520 --> 0:14:20.400 Sunday vote, there is widespread doubt even some of Maduro's 0:14:20.760 --> 0:14:24.480 more traditional allies. You mentioned Brazil, but also the government 0:14:24.480 --> 0:14:28.680 in Mexico, government in Colombia, a little more left leaning governments. 0:14:28.960 --> 0:14:32.240 They have so far not really you know, stepped up 0:14:32.280 --> 0:14:35.240 to congratulate Maduro. They say they want to see more 0:14:35.280 --> 0:14:38.920 transparency about how these votes, how these votes played out, 0:14:38.960 --> 0:14:41.600 and what the breakdown was. 0:14:42.160 --> 0:14:43.960 Meanwhile, we've got a whole new race here in the 0:14:44.080 --> 0:14:48.680 US with President former President Trump now facing Vice President 0:14:48.720 --> 0:14:51.600 Harrison and kind of going back and forth on whether 0:14:51.760 --> 0:14:54.680 he's going to commit to a debate with Harris or 0:14:54.680 --> 0:14:55.640 even agree to a debate. 0:14:56.280 --> 0:14:59.240 He certainly seems to be trying to keep his options open. 0:14:59.320 --> 0:15:02.320 He says, yes, cell debate, but you know, I may 0:15:02.320 --> 0:15:06.480 not he you know, the official line has been that 0:15:06.840 --> 0:15:10.200 the Republicans are waiting for the Democrats to officially make 0:15:10.560 --> 0:15:14.000 Kamala Harris their nominee. That should happen by I think 0:15:14.040 --> 0:15:17.280 August seventh is the date for that. But yeah, there's 0:15:17.360 --> 0:15:21.160 some hemming and hawing about whether it'll take place. Maybe 0:15:21.200 --> 0:15:24.200 there'll be adjustments to the date. The September tenth date. 0:15:24.720 --> 0:15:26.920 Trump has also said he'd like to see it hosted 0:15:26.920 --> 0:15:30.000 by a different network than ABC. So those are some 0:15:30.160 --> 0:15:33.640 of the tweaks. But I think, certainly, I think both 0:15:33.680 --> 0:15:36.600 sides right now seem to be expecting a debate, but 0:15:36.720 --> 0:15:39.480 whether it happens on the terms previously agreed remains to 0:15:39.520 --> 0:15:39.880 be seen. 0:15:40.120 --> 0:15:43.000 This is Bloomberg day Break Today, your morning brief on 0:15:43.080 --> 0:15:46.720 the stories making news from Wall Street to Washington and beyond. 0:15:46.880 --> 0:15:49.680 Look for us on your podcast feed at six am 0:15:49.720 --> 0:15:53.400 Eastern each morning, on Apple, Spotify, and anywhere else you 0:15:53.480 --> 0:15:54.640 get your podcasts. 0:15:54.760 --> 0:15:57.480 You can also listen live each morning starting at five 0:15:57.520 --> 0:16:00.720 am Wall Street time, on Bloomberg eleven three in New York, 0:16:00.880 --> 0:16:04.240 Bloomberg ninety nine one in Washington, Bloomberg one oh sixty 0:16:04.280 --> 0:16:07.720 one in Boston, and Bloomberg ninety sixty in San Francisco. 0:16:08.120 --> 0:16:11.280 Our flagship New York station is also available on your 0:16:11.320 --> 0:16:12.840 Amazon Alexa devices. 0:16:13.400 --> 0:16:16.040 Just say Alexa play Bloomberg eleven. 0:16:15.760 --> 0:16:20.240 Thirty plus listen coast to coast on the Bloomberg Business app, SERIUSXM, 0:16:20.320 --> 0:16:23.400 the iHeartRadio app, and on Bloomberg dot Com. 0:16:23.440 --> 0:16:25.520 I'm Nathan Hager and I'm Karen Moscow. 0:16:25.720 --> 0:16:28.480 Join us again tomorrow morning for all the news you 0:16:28.600 --> 0:16:31.840 need to start your day, right here on Bloomberg Daybreak