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Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Prisner,

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Speaker 1: the Pentagon's watchdog has found Defense Secretary Pete Hegseth risked

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Speaker 1: endangering American troops when he shared attack plans on the

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Speaker 1: Signal messaging app. As you may recall, back in March,

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Speaker 1: the group chat about airstrikes against toothy rebels in Yemen

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Speaker 1: inadvertently included the editor of The Atlantic magazine. Now, the

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Speaker 1: report from the acting Pentagon Inspector General said that Hegseth

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Speaker 1: violated government policies by using his personal phone and signal

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Speaker 1: to transmit information marked secret. Here is Bloomberg's Tony Capasio.

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Speaker 2: The issue of the signal, what was put on signal,

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Speaker 2: and whether it was properly classified or not. The issue

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Speaker 2: the IG raised was if that information was intercepted by

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Speaker 2: a foreign power that could endanger US troops. That's where

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Speaker 2: the headline comes from. So that could is going to

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Speaker 2: be parsed to death by his defenders and and his detractors.

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Speaker 2: The Pentagon IG did acknowledge that he had to power

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Speaker 2: hid the authority to declassify information, but they didn't get

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Speaker 2: into whether he did it improperly or properly. That's one

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Speaker 2: of those very gray areas that will be parsed.

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Speaker 1: That was Bloomberg's Tony Capacio. By the way, a declassified

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Speaker 1: version of the report on the Signal Group chat is

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Speaker 1: expected to be released publicly by Friday. US Treasury Secretary

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Speaker 1: Scott Bessen may become the top White House economic advisor

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Speaker 1: in addition to his current job, should Kevin has It

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Speaker 1: be tapped as the next chair of the Federal Reserve.

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Speaker 1: We are told President Trump's aides and allies say having

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Speaker 1: Bessett lead the National Economic Council would allow him to

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Speaker 1: consolidate oversight of Trump's economic policies if Hassett, the current

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Speaker 1: NEEC director, is selected as the next FED chair. Here

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Speaker 1: is Bloomberg's Amara Amokway.

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Speaker 3: What this reporting reflects is how trusted Scott Besson has

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Speaker 3: become President Trump's eyes. He was leading the interview process

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Speaker 3: for the FED chair search. Of course, he's leading his

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Speaker 3: running point on many of the administration's economic priorities, tariffs,

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Speaker 3: you name it. And he's also been one of the

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Speaker 3: chief defenders of President Trump's economic agenda.

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Speaker 1: That is bloomberg Zamara Amokway. Now, President Trump is already

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Speaker 1: hinted at Hasset being the next FED share and the

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Speaker 1: President has said he has made his decision and he

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Speaker 1: will wait until early next year before making an official announcement.

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Speaker 1: President Trump has unveiled a plan to relax Biden era

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Speaker 1: fuel efficiency standards to lower consumer cost more from Bloomberg's

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Speaker 1: Amy Morrison, Washington.

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Speaker 4: President Trump says the Biden era goals were unattainable.

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Speaker 2: People were brainwashed, and people were paying too much for

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Speaker 2: car that didn't work as well.

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Speaker 4: The new proposal would lower the corporate average fuel economy

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Speaker 4: requirement to about thirty four and a half miles per

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Speaker 4: gallon for the twenty thirty one model year and eliminate

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Speaker 4: a credit trading program used by automakers. Ford CEO Jim

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Speaker 4: Farley says his company will reinvest those savings.

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Speaker 2: This allows us to invest in affordable vehicle was made

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Speaker 2: in the US and will allow us to make vehicles

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Speaker 2: more affordable.

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Speaker 4: Critics say the proposal will encourage US automakers to produce

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Speaker 4: less efficient gas guzzlers. In Washington, Amy Moore as Bloomberg Radio.

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Speaker 1: Jensen Wang, the CEO of Nvidia, met today with President

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Speaker 1: Trump to discuss relaxing export controls on Innvidia's H two

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Speaker 1: hundred AI chips. Afterward, Long expressed uncertainty about whether China

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Speaker 1: would accept the H two hundred chips if the US

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Speaker 1: were to ease restrictions. Here, as Bloomberg's Mike.

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Speaker 5: Shepard, Nvidia succeeded in beating back this provision that was

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Speaker 5: floated as being an addition to the Defense Bill that

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Speaker 5: has to pass before years in and this would have

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Speaker 5: restricted Nvidia's ability to sell its advanced AI chips to

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Speaker 5: China and other adversaries. Now in vidiod argued that it

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Speaker 5: wasn't necessary that the Commerce Department has all the authority

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Speaker 5: that it needs to do exactly that, and it also

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Speaker 5: has said that look, trying to make us a preference

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Speaker 5: to American customers over a customers, say in China is

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Speaker 5: really unnecessary too, because there is no shortage when it

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Speaker 5: comes to meeting demand.

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Speaker 1: That is Bloomberg's Mike Sheppard. Now, allowing sales of the

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Speaker 1: H two hundred to the Chinese market would mark a

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Speaker 1: significant win for in Nvidia. The company has been pressuring

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Speaker 1: both the Trump administration and members of Congress for relaxation

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Speaker 1: of those export controls so in Nvidia can gain greater

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Speaker 1: access to the Chinese market. After the Bell, Salesforce gave

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Speaker 1: an outlook for revenue in the current quarter. The top

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Speaker 1: analyst estimates we get more from Bloomberg's Alexis Kristofus.

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Speaker 6: A Rosie revenue outlook at Salesforce suggests the software company

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Speaker 6: as persuading customers to buy its AI tools, including agent Force,

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Speaker 6: which has inked more than ninety five hundred paid deals

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Speaker 6: since launching last year. CEO Mark Benioff touted adoption of

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Speaker 6: the AI tool, calling it a momentum driver. Shares of

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Speaker 6: Salesforce have badly underperformed the broader tech sector this year,

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Speaker 6: in part due to concerns about the potential of artificial

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Speaker 6: intelligence replacing some of its product capabilities.

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Speaker 1: That is Bloomberg's Alexis Christopher his shares and Salesforce. We're

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Speaker 1: up two percent in late US trading. And that is

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

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Speaker 1: deg Krisner, and this is Bloomberg