Trump's Message to Republican Governors; Hochul Won't Remove Adams

Bloomberg Audio Studios, Podcasts, radio News. 0:00:10.240 --> 0:00:13.160 Good morning, I'm Nathan Hager and I'm Karen Moscow. 0:00:13.280 --> 0:00:15.160 Here are the stories we're following today. 0:00:15.360 --> 0:00:18.279 Karen, we begin in Washington, where President Trump continues to 0:00:18.280 --> 0:00:21.759 push for broader control of the federal government. The President 0:00:21.840 --> 0:00:24.680 pushed his agenda in a speech last night to the 0:00:24.720 --> 0:00:27.000 Republican Governors Association to. 0:00:27.040 --> 0:00:31.360 Protect American workers and bring billions of dollars into our treasury. 0:00:31.400 --> 0:00:32.800 We we're in the process. 0:00:32.400 --> 0:00:36.400 Of opposing reciprocal tariffs on any nation that tries to 0:00:36.479 --> 0:00:38.519 cheat us or still our jobs. 0:00:38.600 --> 0:00:40.600 The President told the governors they would do better in 0:00:40.680 --> 0:00:44.840 upcoming midterm elections if they embrace his agenda. Republicans currently 0:00:44.920 --> 0:00:48.159 have slim majorities in both the House and Senate. President 0:00:48.159 --> 0:00:51.159 Trump also threatened to cut funds to Maine if that 0:00:51.280 --> 0:00:54.600 state allows transgender people to play women's sports. 0:00:55.040 --> 0:00:59.680 Is anybody here from Maine, ah who is a. 0:01:01.280 --> 0:01:02.080 Said the governor. 0:01:03.800 --> 0:01:06.399 That's well, I hate to tell you this, but we're 0:01:06.440 --> 0:01:09.880 not going to give many federal money. They are still 0:01:09.880 --> 0:01:12.040 saying that we want men to play in women's sports, 0:01:12.040 --> 0:01:13.800 and I cannot believe that they're doing that. 0:01:14.080 --> 0:01:17.200 President Trump's comments came after a Republican lawmaker and main 0:01:17.280 --> 0:01:19.880 posted a photo of a female high school athlete who 0:01:19.920 --> 0:01:23.040 she said was transgender. That picture has been shared widely 0:01:23.080 --> 0:01:24.800 and picked up by conservative media. 0:01:25.440 --> 0:01:28.600 Meanwhile, Nathan the President continues to make rapid moves to 0:01:28.720 --> 0:01:31.720 reshape the federal government. According to The Washington Post, the 0:01:31.720 --> 0:01:34.720 President is planning an executive order this week to fire 0:01:34.760 --> 0:01:37.560 the board at the US Postal Service and fold the 0:01:37.600 --> 0:01:41.319 agency into the Commerce Department and Secretary Howard Lutnik. The 0:01:41.400 --> 0:01:43.679 report says the board is prepared to sue if the 0:01:43.680 --> 0:01:47.160 President threatens its independence. Bloomberg News meanwhile has learned a 0:01:47.240 --> 0:01:50.560 staffer with Elon Musk's Department of Government Efficiency who has 0:01:50.600 --> 0:01:54.080 fired over racist social media posts, is now back at 0:01:54.080 --> 0:01:59.240 the Social Security Administration. Marco Ellas had received support from Trump, 0:01:59.440 --> 0:02:03.120 Musk and Vice President JD. Vance, and thousands of IRS 0:02:03.240 --> 0:02:06.920 employees reported to working yesterday expecting an email telling them 0:02:07.080 --> 0:02:10.639 they were being placed on leave, but a technical glitch 0:02:10.760 --> 0:02:14.040 kept many of those emails from arriving. Those workers are 0:02:14.040 --> 0:02:16.919 getting paper copies of their termination letters instead. 0:02:17.400 --> 0:02:19.200 Karen now I turned to the latest on the war 0:02:19.200 --> 0:02:22.080 in Ukraine. The US s has sanctions on Russia are 0:02:22.120 --> 0:02:24.480 on the negotiating table and talks to end the war. 0:02:24.840 --> 0:02:28.000 Treasury Secretary Scott Besson says the White House is prepared 0:02:28.000 --> 0:02:31.000 to either ramp up or ease penalties on Moscow as 0:02:31.040 --> 0:02:36.320 negotiations progress. He also continued the administration's criticism of Ukraine's 0:02:36.360 --> 0:02:37.840 President Vladimir Zlenski. 0:02:38.480 --> 0:02:44.240 I think President Vilensky unfortunately escalated and has put some 0:02:44.360 --> 0:02:49.440 daylight between the escalator that a lot of his remarks 0:02:49.480 --> 0:02:54.840 in Munich I thought were inappropriate. President Zelenski, when I 0:02:54.960 --> 0:02:58.600 met with him, assured me that he'd be the signing 0:02:58.600 --> 0:03:00.400 the minerals deal Inmmune. 0:03:00.600 --> 0:03:01.200 He has not. 0:03:02.440 --> 0:03:05.680 Treasury Secretary Beset spoke with Anne Marie Hordern there on 0:03:05.680 --> 0:03:10.040 Bloomberg's surveillance. America's change in tone on Ukraine has affected 0:03:10.120 --> 0:03:13.400 talks among the Group of Seven nations. Countries are struggling 0:03:13.440 --> 0:03:16.280 to agree on a draft community marking three years since 0:03:16.360 --> 0:03:20.360 Russia's invasion. The US is objecting to references to Russia's 0:03:20.400 --> 0:03:21.359 war of aggression. 0:03:22.080 --> 0:03:24.960 Well in the Middle East, Nathan Israel's military says Hamas 0:03:25.000 --> 0:03:28.080 has violated the Gaza ceasefire deal by handing over an 0:03:28.080 --> 0:03:31.280 anonymous body instead of one of the hostages. The IDF 0:03:31.360 --> 0:03:33.560 said the remains they were given were not those of 0:03:33.600 --> 0:03:36.600 Shiri Bibas, who has captured alongside her two sons. In 0:03:36.640 --> 0:03:40.160 the October seventh the TEXX. Here's Israeli Prime Minister Benjamin Atanya, 0:03:40.240 --> 0:03:41.600 who's speaking through an interpreter. 0:03:43.880 --> 0:03:47.160 We will work with determination to bring Shiry home together 0:03:47.240 --> 0:03:50.720 with all the hostages, both living and dead, and ensure 0:03:50.720 --> 0:03:53.480 that Tamas pays the full price for this cruel and 0:03:53.640 --> 0:03:55.800 malicious violation of the agreement. 0:03:56.480 --> 0:04:01.720 Israeli Prime Minister Benjamin Atinnyahu Ojamas is due to free 0:04:01.760 --> 0:04:05.400 six living hostages tomorrow, accelerating the original plan of a 0:04:05.680 --> 0:04:07.880 staggered return across two weeks. 0:04:08.040 --> 0:04:10.120 Well I returned to the US Karen to get the 0:04:10.200 --> 0:04:13.080 latest on the political future of New York City Mayor 0:04:13.240 --> 0:04:17.200 Eric Adams. Governor Kathy Hulkel is not removing him from 0:04:17.200 --> 0:04:20.599 office for now. We get more from Bloomberg's Ed Coleggi 0:04:20.680 --> 0:04:21.240 in Manhattan. 0:04:21.800 --> 0:04:24.680 Governor Hulkel made her announcement Thursday afternoon. 0:04:24.839 --> 0:04:27.640 After careful consideration, I have determined that I will not 0:04:27.680 --> 0:04:31.039 commence removal proceedings at this time. My strong belief is 0:04:31.040 --> 0:04:33.360 that the will of the voters and the supremacy and 0:04:33.400 --> 0:04:36.279 sanctity of democratic elections preclude. 0:04:35.839 --> 0:04:36.960 Me from any other action. 0:04:37.160 --> 0:04:40.039 Calls for Adams to leave office intensified after a top 0:04:40.040 --> 0:04:44.040 official at President Trump's Justice Department directed federal prosecutors in 0:04:44.120 --> 0:04:47.159 Manhattan to drop their pending bribery case against the mayor. 0:04:47.240 --> 0:04:49.680 Critics say the directive was a quid pro quo in 0:04:49.760 --> 0:04:53.360 exchange for the Mayor's assistance in helping facilitate Trump's crackdown 0:04:53.360 --> 0:04:55.920 on migrants. At Kleeggi Bloomberg. 0:04:55.520 --> 0:04:57.360 Radio, all right and thank you what We turned to 0:04:57.400 --> 0:04:59.920 the markets now and futures are a little changed. Following 0:05:00.120 --> 0:05:02.920 yesterday's losses on Wall Street, the down dropped one percent 0:05:03.279 --> 0:05:06.799 this morning. Stocks in Asia are leading gains. Hong Kong's 0:05:06.839 --> 0:05:10.440 Hang Saying index jumped four percent and stocks in China 0:05:10.520 --> 0:05:12.400 gained one and a quarter percent on the back of 0:05:12.440 --> 0:05:14.080 strong earnings from Ali Baba. 0:05:14.520 --> 0:05:18.279 One stock with big gains in Asia this morning karen 0:05:18.440 --> 0:05:21.040 Is Nissan. Those shares are driving higher by nine and 0:05:21.080 --> 0:05:23.839 a half percent this morning. The Financial Times is reporting 0:05:23.839 --> 0:05:26.039 a high level Japanese group has drawn up plans to 0:05:26.040 --> 0:05:30.200 seek investment from Elon Musk's Tesla. The paper says the 0:05:30.200 --> 0:05:33.080 group thinks the electric vehicle maker is interested in acquiring 0:05:33.200 --> 0:05:34.920 Nissan's plants in the US. 0:05:35.600 --> 0:05:38.640 Well on Wall Street. Nathan City Group is changing course 0:05:38.680 --> 0:05:41.359 on its DEI goals, and we get that story with 0:05:41.400 --> 0:05:42.840 Bloomberry's Charlie Pellett. 0:05:43.279 --> 0:05:47.040 It cites pressure from the Trump administration. In a memo 0:05:47.160 --> 0:05:50.960 to staff from CEO Jane Fraser seen by Bloomberg News, 0:05:51.240 --> 0:05:55.560 the bank will no longer have quote aspirational representation goals 0:05:55.600 --> 0:05:58.840 except as required by local law, and it will abandon 0:05:58.880 --> 0:06:02.760 a polse for diverse and candidates and interview panels. It 0:06:02.800 --> 0:06:06.760 will also rename its Diversity, Equity and Inclusion and Talent 0:06:06.880 --> 0:06:11.520 Management team to Talent Management and Engagement in New York. 0:06:11.600 --> 0:06:13.599 Charlie Pellett, Bloomberg Radio. 0:06:13.440 --> 0:06:16.240 All right, Charlie, thank you. Meanwhile, Coca Cola is warning 0:06:16.240 --> 0:06:20.280 of potential negative impacts from DEI changes. The soft drink 0:06:20.320 --> 0:06:22.800 giant says policies that could lead to a less diverse 0:06:22.839 --> 0:06:27.359 global workforce pose a potential risk to its business going forward. 0:06:27.800 --> 0:06:31.480 Rival PepsiCo, which is also a federal contractor, has joined 0:06:31.520 --> 0:06:34.839 a number of other companies in dropping DEI programs. That 0:06:34.920 --> 0:06:44.080 includes cutting staff, representation targets and expanding its supplier diversity program. 0:06:44.240 --> 0:06:45.680 It's time now for a look at some of the 0:06:45.640 --> 0:06:48.120 other stories making news in New York and around the world, 0:06:48.120 --> 0:06:50.520 and for that we're joined by Bloomberg's John Tunker. John, 0:06:50.560 --> 0:06:51.520 Good morning, and. 0:06:51.480 --> 0:06:53.640 Good morning, Karen. New Poll numbers are out on the 0:06:53.720 --> 0:06:58.080 Trump presidency. Washington Post IPSOS poll has Trump's approval rating 0:06:58.120 --> 0:07:02.120 at forty five percent. Fifty three percent of Americans disapproving. 0:07:02.480 --> 0:07:06.039 Fifty seven percent say the president has exceeded his authority 0:07:06.360 --> 0:07:10.600 since taking office. The Senate has narrowly confirmed Cash Battel 0:07:10.800 --> 0:07:12.000 to lead the FBI. 0:07:12.880 --> 0:07:16.720 The yea's are fifty one, the nays are forty nine. 0:07:17.080 --> 0:07:18.760 The confirmation is confirmed. 0:07:18.920 --> 0:07:22.640 Senator Susan Collins of Maine and Lisa Murkowski of Alaska 0:07:22.760 --> 0:07:25.400 were the two Republicans to vote no, in a split 0:07:25.440 --> 0:07:29.000 that otherwise fell along party lines. Mattilla's found to steer 0:07:29.000 --> 0:07:32.720 the MPI toward its traditional crime fighting role. Critics are 0:07:32.760 --> 0:07:36.480 concerned they'll use the role to seek political retribution. On 0:07:36.480 --> 0:07:39.960 his eighty third birthday, GOP Senator Mitch McConnell of Kentucky, 0:07:40.040 --> 0:07:43.880 the former majority leader, confirmed he'll not seek re election. 0:07:44.720 --> 0:07:51.160 Representing our Commonwealth has been the honor of a lifetime. 0:07:52.200 --> 0:07:55.920 McConnell was the longest serving Senate Party leader in American history. 0:07:56.160 --> 0:07:58.800 When he relinquished his leadership post at the start of 0:07:58.800 --> 0:08:02.840 the year, his tradition brand of conservatism was overtaken by 0:08:02.880 --> 0:08:07.640 Donald Trump's populism. Elon muss recommends taking the International Space 0:08:07.680 --> 0:08:10.880 Station out of orbit. He wants to do it within 0:08:10.920 --> 0:08:13.880 two years instead of the current five year target. Musk 0:08:14.000 --> 0:08:18.040 argues on social media that the ISS has served its purpose. 0:08:18.760 --> 0:08:22.920 Dozens of major news organizations, including some conservative outlets, urging 0:08:22.960 --> 0:08:27.040 the Trump administration to stop blocking the Associated Press from 0:08:27.080 --> 0:08:30.600 press events. The White House has said it's blocking reporters 0:08:30.600 --> 0:08:32.880 from the news service because the outlet refers to the 0:08:32.880 --> 0:08:36.240 Gulf of Mexico in its articles, rather than the Gulf 0:08:36.280 --> 0:08:40.640 of America, as decreed by President Trump. Global News twenty 0:08:40.679 --> 0:08:42.720 four hours a day and whenever you want it with 0:08:42.760 --> 0:08:46.720 Bloomberg News Now. I'm John Tucker, and this is Bloomberg Karen. 0:08:47.080 --> 0:08:54.080 All right, John, thank you time now for the Bloomberg 0:08:54.160 --> 0:08:57.320 Sports outdate, brought to you by Tri State Audi. Here's 0:08:57.400 --> 0:08:58.120 Dan Schwarzman. 0:08:58.200 --> 0:09:00.320 Dan, good morning, Good morning, Kenon Nathan, And if you 0:09:00.360 --> 0:09:02.240 stayed up late, you saw Canada to take home the 0:09:02.280 --> 0:09:04.800 winning overtime knocking off the US in the final of 0:09:04.800 --> 0:09:07.800 the Four Nations Face Off tournament in Boston, as Oilers 0:09:07.800 --> 0:09:09.880 star Conny McDavid wins it for Canada. 0:09:11.280 --> 0:09:13.520 Verry P mcd stars. 0:09:14.840 --> 0:09:16.599 David. Who's that for? 0:09:19.000 --> 0:09:21.920 That's courtis CVSPN. The game was a seesaw battle through 0:09:21.920 --> 0:09:24.160 the first two periods. Canada had taken an early one 0:09:24.280 --> 0:09:26.720 nothing lead before the US tied it up late in 0:09:26.800 --> 0:09:29.520 that first period to send the game into the first intermission. 0:09:29.600 --> 0:09:32.040 Tied it one, the US then taking the lead seven 0:09:32.080 --> 0:09:35.400 minutes into the second period, before Canada scored seven minutes 0:09:35.480 --> 0:09:37.800 later to tie the game up at two. After no 0:09:37.880 --> 0:09:40.640 goals were scored in the third period, McDavid winning it 0:09:40.960 --> 0:09:44.400 in thrilling fashion. McDavid afterwards talking about the significance of 0:09:44.440 --> 0:09:44.679 the win. 0:09:45.080 --> 0:09:46.400 Obviously, it means lots of our group. 0:09:47.480 --> 0:09:49.080 You know, I think a lot of people were wondering 0:09:49.120 --> 0:09:51.559 if you know what this tournament would mean to guys, 0:09:51.559 --> 0:09:52.560 and obviously. 0:09:52.200 --> 0:09:55.120 You can see what it means to everyone on our side. 0:09:55.400 --> 0:09:57.840 It was, yeah, really exciting. 0:09:58.600 --> 0:10:02.000 That's Connor McDavid. Thirty five years. Major League Baseball and 0:10:02.160 --> 0:10:04.720 ESPN are ending their broadcast relationship. At the end of 0:10:04.720 --> 0:10:08.160 the twenty twenty five season, ESPN had scaled down its 0:10:08.200 --> 0:10:10.800 baseball coverage in the last contract to just thirty games 0:10:10.800 --> 0:10:12.920 this year, as well as the Wildcard round of the 0:10:12.920 --> 0:10:15.400 playoffs and the All Star Home Run Derby in ten 0:10:15.440 --> 0:10:18.600 preseason games. The San Antonio Spurs have shut down big 0:10:18.640 --> 0:10:21.120 man Victor Wembanyama for the rest of the season due 0:10:21.120 --> 0:10:24.560 to deep vein thrombosis in his right shoulder. The team 0:10:24.760 --> 0:10:26.800 is optimistic that the twenty one year old will make 0:10:26.840 --> 0:10:30.120 a full recovery in time for next year. Seven time 0:10:30.200 --> 0:10:32.400 First Team All Pro guard Zach Martin and the Dallas 0:10:32.480 --> 0:10:35.440 Cowboys announcing his retirement from the game. The nine time 0:10:35.480 --> 0:10:39.360 pro bowler only accumulated seven accepted holding penalties in his 0:10:39.600 --> 0:10:43.000 entire career. That's your Bloomberg Sports Update. I'm Dan Schwartzman, 0:10:43.160 --> 0:10:44.240 Karen and Nathan. 0:10:46.200 --> 0:10:50.240 Coast to Coast on Bloomberg Radio nationwide on Serious Exam 0:10:50.520 --> 0:10:53.360 and around the world on Bloomberg dot Com and the 0:10:53.360 --> 0:10:54.560 Bloomberg Business app. 0:10:54.880 --> 0:10:56.480 This is Bloomberg Daybreak. 0:10:56.760 --> 0:10:57.320 Good morning. 0:10:57.360 --> 0:11:02.320 I'm Nathan Hager. Israel Is expressed outrage after Hamas returned 0:11:02.320 --> 0:11:05.520 the bodies of four hostages taken in the October seventh attack. 0:11:05.600 --> 0:11:10.599 Prime Minister Benjamin Netanyaho is leading the national mourning cold Bite. 0:11:10.600 --> 0:11:14.640 Sam Today, every home in Israel bows its head, We 0:11:14.679 --> 0:11:17.040 bow our heads over the heavy loss of four of 0:11:17.080 --> 0:11:20.640 our hostages. We all feel pain mixed with rage. We 0:11:20.720 --> 0:11:23.319 are all outraged at the Hamas monsters. 0:11:23.679 --> 0:11:26.520 Prime Minister Natan Yaho spoke there through an interpreter, and 0:11:26.559 --> 0:11:29.760 now Israel is saying one of those victims Hamas says 0:11:29.760 --> 0:11:32.560 it returned yesterday, thirty three year old mother, Shiri Beeboss, 0:11:33.240 --> 0:11:35.880 was not actually her, and Neta Yaho is calling that 0:11:36.040 --> 0:11:40.400 a cruel and malicious violation of the ceasefire. Joining us 0:11:40.440 --> 0:11:43.600 now from Tel Aviv is Bloomberg News Israel Bureau Chief 0:11:43.679 --> 0:11:46.680 Ethan Bronner, and Ethan, I know that Sheri Beboss and 0:11:46.720 --> 0:11:50.120 her two little boys are becoming almost a national symbol 0:11:50.280 --> 0:11:52.719 in Israel. To find out that the little boys were 0:11:52.760 --> 0:11:55.679 returned but their mother was not, it is really difficult 0:11:55.920 --> 0:11:59.080 to imagine what the what the feeling is in Israel 0:11:59.200 --> 0:11:59.559 right now. 0:11:59.559 --> 0:12:02.480 Good morning, good morning. You're right. 0:12:03.040 --> 0:12:06.559 There's something else worth insisting on right up front too. 0:12:06.600 --> 0:12:09.200 It's not just what the little boys were returned, but 0:12:09.240 --> 0:12:13.079 that they actually have been murdered in captivity based on forensics. 0:12:13.080 --> 0:12:16.160 That's what the Israelis have discovered, as did the eighty 0:12:16.200 --> 0:12:16.840 three year old. 0:12:16.880 --> 0:12:17.720 Oh did liftshit? 0:12:17.880 --> 0:12:22.800 So we were in this rather ghoulish ceremony yesterday w 0:12:23.120 --> 0:12:28.280 they returned the foreign coffins with big posters, insisting that 0:12:28.320 --> 0:12:31.920 they had all been murdered by Israeli war plagues in 0:12:31.960 --> 0:12:35.280 an attack and they were now kindly returning them. 0:12:35.360 --> 0:12:38.080 It turned out that they're not returning all of them. 0:12:38.160 --> 0:12:40.880 The mother is not there and the other three were 0:12:40.960 --> 0:12:43.479 killed by them in captivity. 0:12:43.600 --> 0:12:46.120 So it's very very angry Israel today. 0:12:46.120 --> 0:12:50.120 You're absolutely right, So what does this mean going forward? 0:12:50.240 --> 0:12:54.640 Were in the later stages of a first phase of 0:12:54.679 --> 0:12:59.160 a cease fire. President Trump has talked about letting all 0:12:59.320 --> 0:13:03.040 help break out. If all the hostages aren't returned soon, 0:13:04.360 --> 0:13:06.960 it must feel like things are on a real precipice here. 0:13:07.800 --> 0:13:11.400 They do they do? There is in theory? 0:13:11.960 --> 0:13:16.040 Well we have so tomorrow's Saturday, there do six more 0:13:16.120 --> 0:13:19.200 living hostages or do out in exchange for several hundred 0:13:19.480 --> 0:13:21.480 Palestinian prisoners will be released. 0:13:21.960 --> 0:13:23.880 That seems likely to go forward. 0:13:24.559 --> 0:13:26.760 I think the Israelis are going to make an effort 0:13:26.800 --> 0:13:30.240 to get a few more living hostages out, But I 0:13:30.280 --> 0:13:32.760 think you're right that the likelihood of there being an 0:13:32.760 --> 0:13:36.120 actual permanencies far is very low at the moment. 0:13:36.440 --> 0:13:39.200 In theory. These negotiations are starting next week. 0:13:41.120 --> 0:13:44.640 In terms of the negotiations, where do they stand right 0:13:44.679 --> 0:13:47.880 now and what is the Israeli military doing. Are they 0:13:47.920 --> 0:13:50.199 preparing to go back into Gaza. 0:13:51.160 --> 0:13:56.320 They are, They've movedchs near the border, and they've also 0:13:56.520 --> 0:13:59.800 started fairly intense activities in the northern part of the 0:13:59.840 --> 0:14:03.600 world West Bank, because there were also bus bombs that 0:14:03.640 --> 0:14:06.400 went off that didn't kill anyone but just by luck 0:14:07.200 --> 0:14:10.240 south of Tel Aviv, in the towns of Batyam and Falone, 0:14:10.840 --> 0:14:14.040 And so there is a general sense, I would say, 0:14:15.040 --> 0:14:18.640 in the Israeli government that it's very important that they 0:14:18.880 --> 0:14:22.280 take a very tough line against all Palaestitian militantism. 0:14:22.800 --> 0:14:22.960 Now. 0:14:23.000 --> 0:14:26.320 At the same time, we have in the Arab world 0:14:26.320 --> 0:14:28.160 a desire to try to come up with a plan 0:14:28.320 --> 0:14:32.560 to rebuild Gaza and preserve the possibility of a Palestinian state. 0:14:32.640 --> 0:14:36.200 So I think there's very strong conflict. 0:14:35.800 --> 0:14:38.880 Underway because Israel does not want to see a Palestinian state. 0:14:39.280 --> 0:14:42.280 And I don't know where the Trump administration will come 0:14:42.320 --> 0:14:45.800 out on that, but it's a little hard to imagine 0:14:46.400 --> 0:14:51.040 that the two very distinct goals, Israel's desire to end 0:14:51.080 --> 0:14:54.800 any palis Citian sovereignty and the West of the region's 0:14:54.800 --> 0:14:56.240 desire to preserve. 0:14:55.920 --> 0:14:57.240 It is going to end. 0:14:57.280 --> 0:15:01.560 Well, it's difficult to they're being much support on the 0:15:01.680 --> 0:15:05.760 US side for the possibility of a Palestinian state. When 0:15:05.840 --> 0:15:08.680 President Trump has talked about the US taking over gas 0:15:08.760 --> 0:15:13.800 and redeveloping it, is that something that's still under consideration. 0:15:13.960 --> 0:15:16.920 Where does that factor in when it comes to what's 0:15:16.920 --> 0:15:20.240 been going on with the hostage exchanges. We've only got 0:15:20.280 --> 0:15:22.480 about a minute left, sure, So I. 0:15:22.400 --> 0:15:24.440 Mean, I don't know. I think there's always a. 0:15:24.400 --> 0:15:27.240 Great mystery around what the Trump administration wants to do 0:15:27.440 --> 0:15:28.920 and the gap between. 0:15:28.600 --> 0:15:30.480 What it says and that it says the next day. 0:15:30.760 --> 0:15:31.680 So I don't know. 0:15:32.000 --> 0:15:34.880 It doesn't feel I think Trump administration is particularly interested 0:15:34.880 --> 0:15:38.400 in Palestinian state. On the other hand, the Saladies don't 0:15:38.400 --> 0:15:41.480 want to move forward with the normalization unless there is 0:15:41.480 --> 0:15:45.040 a Palestinian state on the horizon, and that normalization does 0:15:45.080 --> 0:15:48.480 seem important to the Americans. And so that's why there's 0:15:48.480 --> 0:15:50.760 still some lack of clarity about. 0:15:50.520 --> 0:15:51.200 Where we're headed. 0:15:51.240 --> 0:15:53.160 But I would agree with you if I had to bet, 0:15:53.520 --> 0:15:57.440 they probably side with the Israeli government against a Palestinian state. 0:15:57.760 --> 0:16:00.720 This is Bloomberry Daybreak, your morning pond podcast on the 0:16:00.800 --> 0:16:04.280 stories making news from Wall Street to Washington and beyond. 0:16:04.560 --> 0:16:06.960 Look for us on your podcast feed by six am 0:16:06.960 --> 0:16:10.400 Eastern each morning, on Apple, Spotify, or anywhere else you listen. 0:16:10.600 --> 0:16:13.440 You can also listen live each morning starting at five 0:16:13.480 --> 0:16:16.200 am Wall Street Time on Bloomberg eleven three to zero 0:16:16.200 --> 0:16:19.120 in New York, Bloomberg in ninety nine to one in Washington, 0:16:19.160 --> 0:16:23.120 Bloomberg ninety two nine in Boston, and nationwide on serious 0:16:23.320 --> 0:16:25.000 XM Channel one twenty one. 0:16:25.280 --> 0:16:28.000 Plus listen coast to coast on the Bloomberg Business app 0:16:28.040 --> 0:16:30.840 now with Apple CarPlay and Android Atto interfaces. 0:16:31.080 --> 0:16:34.080 And don't forget to subscribe to Bloomberg News Now. It's 0:16:34.120 --> 0:16:36.840 the latest news whenever you want it in five minutes 0:16:36.920 --> 0:16:40.040 or less. Search Bloomberg News Now and your favorite podcast 0:16:40.080 --> 0:16:44.240 platform to stay informed all day long. I'm Karen Moscow. 0:16:44.040 --> 0:16:46.560 And I'm Nathan Hager. Join us again tomorrow morning for 0:16:46.640 --> 0:16:48.560 all the news you need to start your day right 0:16:48.560 --> 0:16:49.600 here on Bloomberg. 0:16:49.680 --> 0:16:50.040 Dabray