1
00:00:00,960 --> 00:00:03,600
Speaker 1: Dunes when he want it with Bloomberg News Now, I'm

2
00:00:03,680 --> 00:00:07,120
Speaker 1: Dan Schwartzman. President Biden has been officially invited by the

3
00:00:07,160 --> 00:00:11,039
Speaker 1: House Oversight Committee Chairman James Comer to testify before the panel.

4
00:00:11,400 --> 00:00:13,920
Speaker 1: Biden has been accused of using his office to profit

5
00:00:13,920 --> 00:00:17,119
Speaker 1: from his family's feigm business deals. The committee proposed April

6
00:00:17,160 --> 00:00:19,920
Speaker 1: sixteenth as the date. The White House, when asked for comment,

7
00:00:19,960 --> 00:00:23,599
Speaker 1: referred back to earlier denouncements of the impeachment proceedings. The

8
00:00:23,720 --> 00:00:27,000
Speaker 1: US Department of Transportation is providing sixty million dollars of

9
00:00:27,040 --> 00:00:31,000
Speaker 1: immediate funding towards emergency work necessary following the collapse of

10
00:00:31,040 --> 00:00:33,879
Speaker 1: the Franciscaki Bridge in Baltimore after it was hit by

11
00:00:33,920 --> 00:00:37,559
Speaker 1: the containership Dolly on Tuesday. The federal agency says the

12
00:00:37,600 --> 00:00:40,360
Speaker 1: money is a down payment towards initial costs as a

13
00:00:40,400 --> 00:00:43,360
Speaker 1: state of Maryland begins work on emergency repairs along with

14
00:00:43,400 --> 00:00:47,000
Speaker 1: designing and reconstructing the bridge. As the project moves forward,

15
00:00:47,040 --> 00:00:50,120
Speaker 1: additional money will be made available. The boat was carrying

16
00:00:50,120 --> 00:00:54,640
Speaker 1: around forty seven hundred containers. DHL Supply Chain CEO Oscar

17
00:00:54,680 --> 00:00:57,760
Speaker 1: Debac tells Bloomberg some of those containers were shipped through

18
00:00:57,760 --> 00:01:00,520
Speaker 1: his company Buddy says the bridge collbs will have a

19
00:01:00,560 --> 00:01:03,080
Speaker 1: minimal impact on the overall supply chain.

20
00:01:03,200 --> 00:01:06,760
Speaker 2: While the impact to the board itself is dramatic. While

21
00:01:06,760 --> 00:01:11,600
Speaker 2: obviously the event itself is trategic, but the overall impact

22
00:01:11,640 --> 00:01:14,319
Speaker 2: on the global supply chain and the US supply chain,

23
00:01:14,720 --> 00:01:18,280
Speaker 2: I think will not be as large as you would fear.

24
00:01:18,480 --> 00:01:20,600
Speaker 1: The Box says he's seen a major improvement in the

25
00:01:20,640 --> 00:01:24,520
Speaker 1: past few years in how rapidly supply chains adjust to disruptions.

26
00:01:24,959 --> 00:01:28,280
Speaker 1: Judge Lewis Kaplan sentenced f TX co founder Sam Bankman

27
00:01:28,319 --> 00:01:31,120
Speaker 1: Free to twenty five years in prison for stealing billions

28
00:01:31,160 --> 00:01:34,440
Speaker 1: of dollars from customers. Blueber's Jude Grosso says it's a

29
00:01:34,440 --> 00:01:35,880
Speaker 1: tough but expected sentence.

30
00:01:36,280 --> 00:01:39,640
Speaker 3: The judge said that there's a risk that this man

31
00:01:39,680 --> 00:01:42,160
Speaker 3: will be in a position to do something very bad

32
00:01:42,280 --> 00:01:45,480
Speaker 3: in the future, and it's not a trivial risk. Part

33
00:01:45,520 --> 00:01:47,840
Speaker 3: of my sentence will be for the purpose of disabling

34
00:01:47,920 --> 00:01:50,320
Speaker 3: him to the extent that it can be appropriately done

35
00:01:50,360 --> 00:01:52,160
Speaker 3: to him for a significant period of time.

36
00:01:52,400 --> 00:01:55,400
Speaker 1: In addition to the prison sentence, Judge Kaplan said that

37
00:01:55,480 --> 00:01:59,280
Speaker 1: Bankment freed should forfeit more than eleven billion dollars SBF

38
00:01:59,320 --> 00:02:01,320
Speaker 1: faced as long as one hundred and ten years behind

39
00:02:01,360 --> 00:02:05,240
Speaker 1: bars after being convicted last year of seven offenses. After

40
00:02:05,280 --> 00:02:09,519
Speaker 1: Russia's envoy vetoed the US resolution to extend sanctioned supervision

41
00:02:09,560 --> 00:02:13,400
Speaker 1: over North Korea on Thursday, Ambassador Robert Wood quickly reacted.

42
00:02:13,720 --> 00:02:16,560
Speaker 1: Would the alternate US representative to the UN for Special

43
00:02:16,560 --> 00:02:19,600
Speaker 1: Political Affairs, said, Russia's shoulders to blame for making the

44
00:02:19,600 --> 00:02:22,600
Speaker 1: world done safe. Because North Korea's dictator has no fear

45
00:02:22,639 --> 00:02:24,519
Speaker 1: of using nuclear weapons.

46
00:02:24,320 --> 00:02:29,040
Speaker 3: Moscow has undermined the prospect of a peaceful diplomatic resolution

47
00:02:29,840 --> 00:02:33,120
Speaker 3: of one of the world's most dangerous nuclear proliferation issues.

48
00:02:33,360 --> 00:02:36,880
Speaker 1: That's Ambassador Robert Wood. A fundraiser for President Biden in

49
00:02:36,919 --> 00:02:39,920
Speaker 1: New York City that also featured former Presidents Barack Obama

50
00:02:39,919 --> 00:02:43,079
Speaker 1: and Bill Clinton raised a whopping twenty five million dollars.

51
00:02:43,480 --> 00:02:46,120
Speaker 1: Biden's campaign says the event set a new record for

52
00:02:46,160 --> 00:02:49,160
Speaker 1: the most ever haul for a single political event. Meanwhile,

53
00:02:49,160 --> 00:02:51,480
Speaker 1: Donald Trump was also in New York attending the wake

54
00:02:51,520 --> 00:02:54,720
Speaker 1: for slain NYPD officer Jonathan Diller, who was gunned down

55
00:02:54,760 --> 00:02:58,720
Speaker 1: on Monday after approaching an illegally parked vehicle. Trump says, unfortunately,

56
00:02:58,840 --> 00:03:00,120
Speaker 1: this isn't anything new.

57
00:03:00,360 --> 00:03:01,880
Speaker 4: We have to get back to law and order.

58
00:03:01,919 --> 00:03:05,040
Speaker 1: We have to do a lot of things differently because

59
00:03:05,080 --> 00:03:05,880
Speaker 1: this is not working.

60
00:03:05,960 --> 00:03:07,240
Speaker 4: This is happening too often.

61
00:03:07,600 --> 00:03:11,040
Speaker 1: That's former President Donald Trump remembering the life and legacy

62
00:03:11,040 --> 00:03:13,280
Speaker 1: of Joe Lieberman, who died at the age of eighty two.

63
00:03:13,680 --> 00:03:16,920
Speaker 1: Bloomberg's Joe Matthew spoke with Connecticut Governor Ned Lamont about

64
00:03:16,960 --> 00:03:19,680
Speaker 1: the US Senator and vice presidential nominee.

65
00:03:19,840 --> 00:03:23,400
Speaker 4: We had a pretty frisky primary going back about sixteen

66
00:03:23,480 --> 00:03:26,560
Speaker 4: years ago, and he ended up running as an independent,

67
00:03:26,680 --> 00:03:30,240
Speaker 4: winning and we shook hands. It was a debate about

68
00:03:30,240 --> 00:03:33,160
Speaker 4: the war in Iraq, but you have a debate about

69
00:03:33,160 --> 00:03:36,080
Speaker 4: the big issues of the day, then the people decide.

70
00:03:36,120 --> 00:03:40,040
Speaker 4: And we've been close ever since. And we're going to

71
00:03:40,040 --> 00:03:42,680
Speaker 4: have a memorial service for Center Labram tomorrow. There's going

72
00:03:42,760 --> 00:03:44,280
Speaker 4: to be a bright out pouring of support.

73
00:03:44,680 --> 00:03:48,160
Speaker 1: That's Connecticut Governor Ned Lamont. Lieberman's funeral will be held

74
00:03:48,200 --> 00:03:51,480
Speaker 1: in his hometown of Stanford, Connecticut. That's news when you

75
00:03:51,520 --> 00:03:54,560
Speaker 1: want it. With Bloomberg News. Now, I'm Dan Schwartzman, and

76
00:03:54,640 --> 00:03:55,800
Speaker 1: this is Bloomberg