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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Chrisner. Will A vote for the next speaker of

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Speaker 1: the US House of Representatives is set for next week.

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Speaker 1: Speaking earlier today on Bloomberg Sound On, Republican Congressman french

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Speaker 1: Hill said he's hoping his colleagues will think about the

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Speaker 1: chaos they've left behind.

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Speaker 2: I hope that members will reflect on what a terrible

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Speaker 2: day yesterday was where the wishes of ninety six percent

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Speaker 2: of the members of the House Republican Conference were not

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Speaker 2: honored by aid of their colleagues, and that we reflect

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Speaker 2: on what that's done to the strength of the conservative

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Speaker 2: movement in the House and leadership of House Republicans on

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Speaker 2: these issues, and come back together either Monday night or

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Speaker 2: Tuesday and begin a series of meetings that will allow

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Speaker 2: us to move forward with a new speaker.

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Speaker 1: That's Congressman french Hill. He went on to say that

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Speaker 1: both Jim Jordan and Steve Scalise are qualified candidates for

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Speaker 1: the speaker's job. Both have expressed interest in pursuing the position.

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Speaker 1: Donald Trump left to Manhattan courtroom today one day after

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Speaker 1: a gag order was slapped on him. It was handed

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Speaker 1: down by a judge providing over the civil lawsuit. The

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Speaker 1: gag order follows social media post made by Trump and

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Speaker 1: for things he said regarding New York Attorney General Letitia James.

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Speaker 1: She called them racist and dangerous and I.

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Speaker 3: Will not be bullied.

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Speaker 1: And so mister Trump is no longer here. That Donald

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Speaker 1: Trump show is over. This was nothing more than a

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Speaker 1: political stunt. And on his way out of the courthouse,

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Speaker 1: Trump complained about not having a jury were I'm not entitled.

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Speaker 4: To a jury because if I had a jury, give

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Speaker 4: though it's in New York.

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Speaker 2: And I think I can find New York.

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Speaker 3: But if I had a jury, would win this case

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Speaker 3: very easily.

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Speaker 1: But I don't have a jury. The fact is neither

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Speaker 1: side asked for a jury trial, something they were entitled to.

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Speaker 1: When Trump was asked why he was there in the

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Speaker 1: first place, he said he was doing it for the media.

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Speaker 1: Opening statements began today in the fraud trial of FTX

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Speaker 1: founder Sam Bankman Freed, and a full point was Caroline Ellison.

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Speaker 5: Caroline Ellison is a key figure for both the prosecution

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Speaker 5: and the defense. When you look at the defense. They

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Speaker 5: had said that Sam Bankman Freed guided Caroline Ellison to

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Speaker 5: do more to protect Alameda as a shareholder of Alameda

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Speaker 5: when the crypto crash was starting to arise, his worries

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Speaker 5: about crypto going south except instead of just upward as

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Speaker 5: it had before that time. And so this idea that

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Speaker 5: poor risk management, according to the defense, is not intentional fraud,

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Speaker 5: and that that will have to be proven here in

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Speaker 5: court for mister Bankmin Freed himself.

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Speaker 1: That is Bloomberg Shanali Bosik. Now Bankmin Freed is accused

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Speaker 1: of using billions of dollars in customer deposits at FTX

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Speaker 1: for speculative trading at Alameda Research as well as for

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Speaker 1: luxury real estate and for political contributions as well. Mister

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Speaker 1: Bankmin Freed has pleaded not guilty. There are reports of

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Speaker 1: a chip breakthrough by China Huahuei, as Bloomberg's David Nglace tells,

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Speaker 1: US US Commer Secretary Gena Romundo called the report disturbing.

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Speaker 4: Even stronger, Ramondo said it was incredibly disturbing. Huawei's reported

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Speaker 4: new chip has set off a debate on whether the

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Speaker 4: US is effective in curbing China's technological advancement. That said,

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Speaker 4: Raymondo maintains there is no evidence China can develop advanced

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Speaker 4: chips at scale, but she is facing intense pressure from

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Speaker 4: Republicans to Titan controls. Raymondo emphasized different tools are needed

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Speaker 4: to enforce the US regime. She pointed to the restrict

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Speaker 4: Act that would expand American authority to review and prevent

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Speaker 4: certain transactions that pose a risk to national security.

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Speaker 1: That is Bloomberg's David in glaze. Now, let's get an

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Speaker 1: update on the MLB playoffs from Bloomberg's Brian Curtis.

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Speaker 3: All four wild card series ended in a two game sweep.

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Speaker 3: In the American League, the Tampa Bay Rays fell to

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Speaker 3: the Texas Rangers with a final score of seven to one,

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Speaker 3: while the Minnesota Twins shut out the Toronto Blue Jays

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Speaker 3: to zip over. In the National League, the Arizona Diamondbacks

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Speaker 3: beat the Milwaukee Breweries five to two, while the Philadelphia

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Speaker 3: Phillies eliminated the Miami Marlins with a score of seven

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Speaker 3: to one.

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Speaker 1: Doug, thanks Brian, And that's news when you want it

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Speaker 1: with Bloomberg News. Now, I'm Doug Prisoner, and this is

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Speaker 1: Bloomberg