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Speaker 1: News when you want it with Bloomberg News now, I

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Speaker 1: mean kleggi. Disaster was the word European officials used as

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Speaker 1: Voladimir Zelenski's long sought Oval office meeting with Donald Trump

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Speaker 1: descended into a reality TV live stream of raised voices

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Speaker 1: and angry bickering in you're right now, not in a

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Speaker 1: very good position beginning of the war, not in a

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Speaker 1: good position.

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Speaker 2: You don't have the cards right now, all right, right now.

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Speaker 1: You don't where you're gambling. Billions of people seeing you're

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Speaker 1: gambling with World War three. The shock deepened as Trump

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Speaker 1: told the Ukrainian president and a social media post to come

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Speaker 1: back when he is ready for peace. Later, Trump ally

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Speaker 1: said there was little chance of a deal to end

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Speaker 1: the war as long as Zelenski remains in power. Treasury

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Speaker 1: Secretary Scott Bessen characterized the visit of Ukrainian President Zelensky

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Speaker 1: to the White House as unacceptable.

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Speaker 3: I was shocked, shocked the President Zelenski would come into

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Speaker 3: the Oval Office behave like this, speak to the president,

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Speaker 3: speak to the Vice president, but more importantly, disrespect the

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Speaker 3: American people like this. I know he's under a great

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Speaker 3: deal of stress. He and I had a very heated

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Speaker 3: exchange in Kiev. I think the same thing may have

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Speaker 3: happened between him and Vice President Vance and Secretary Rubio

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Speaker 3: in Munich, and to come in and behave like this

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Speaker 3: was unacceptable.

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Speaker 1: Treasury Secretary Scott Besson spoke exclusively with Bloomberg's David Weston.

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Speaker 1: In David's conversation with Bessid, the Secretary also talked about

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Speaker 1: the housing market, saying it is stuck now but will

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Speaker 1: unfreeze in weeks.

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Speaker 3: Mortgage rates have come down and the spread on mortgages

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Speaker 3: versus treasuries have come down since November, which I think

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Speaker 3: is indicative of some of the things that we're going

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Speaker 3: to do on financial deregulation. So the housing market is

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Speaker 3: stuck now, but I would expect that the housing market

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Speaker 3: sometime in the next few weeks and going to unfreeze.

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Speaker 1: Treasury Secretary Scott Bessant, speaking exclusively with Bloomberg's David weston

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Speaker 1: the US merchandise train deficit widened in January ahead of

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Speaker 1: President Trump's promised tariffs. Bloomberg's Minnie del Judaie reports.

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Speaker 2: US trade figures are taking on added economic and geopolitical significance.

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Speaker 2: Imports surged in January to an all time high, led

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Speaker 2: by industrial supplies and consumer goods that suggests American businesses

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Speaker 2: are securing shipments before the tariffs. So far, the White

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Speaker 2: House is imposed to ten percent tariffy in China, it

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Speaker 2: took effect earlier in February. Canada and Mexico are next

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Speaker 2: on the White House to do list. Finny Deel Judaice

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Speaker 2: Bloomberg Radio.

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Speaker 1: Pope Francis suffered an isolated coughing fit Friday that resulted

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Speaker 1: in him inhaling vomit and requiring non invasive mechanical ventilation.

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Speaker 1: The Vaticans said this and relaying an alarming setback in

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Speaker 1: his two week long battle against double pneumonia. The eighty

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Speaker 1: eight year old Pope remained conscious that alert at all

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Speaker 1: times and cooperated with the maneuver to help him recover.

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Speaker 1: He responded well with a good level of oxygen exchange

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Speaker 1: and was continuing to wear a mask to receive supplemental oxygen.

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Speaker 1: Authorities investigating the deaths of Oscar winner Gene Hackman and

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Speaker 1: his wife, said Friddy they have found the two tested

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Speaker 1: negative for carbon monoxide, but the cause of death is

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Speaker 1: still unknown. Santa Fe County Sheriff Aiden Mendoza told the

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Speaker 1: NBC Today's Show he spoke with the pathologist from the

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Speaker 1: New Mexico Office of the Medical Investigator, who said that

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Speaker 1: both Hackman and his wife tested negative for carbon monoxide.

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Speaker 1: The two apparently had been dead for days or even

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Speaker 1: a couple of weeks when investigators found their bodies while

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Speaker 1: searching the couple sata Fe home on Wednesday. Investigators are

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Speaker 1: trying to figure out the last time anyone saw or

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Speaker 1: spoke to them. A federal judge overseeing a lawsuit claiming

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Speaker 1: Elon Musk is wielding vast unconstitutional power to reshape the

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Speaker 1: US government said he was highly suspicious of the Trump

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Speaker 1: administration's incomplete explanation of the billionaire's actual role. US District

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Speaker 1: Judge Theodore chub on Friday Gruel, the US Justice Department lawyer,

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Speaker 1: during a hearing in Maryland about the structure and actions

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Speaker 1: of the Department of Government Efficiency. The judge said that

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Speaker 1: while the government had represented in court at Musk isn't

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Speaker 1: the head of DOZE, it was offering complete details about

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Speaker 1: his role or who is running the new agency. The

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Speaker 1: economy is built on the idea that expertise is scarce

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Speaker 1: and expensive. AI is about to make it abundant and

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Speaker 1: practically free. AI will upend a basic assumption about how

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Speaker 1: companies are organized. You could read all about it in

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Speaker 1: Bloomberg's weekend edition, on bloomberg dot com and the Bloomberg

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Speaker 1: Business app. The Friday numbers on Wall Street, the Dow

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Speaker 1: gained six hundred and one, Nasdaq was up three hundred two,

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Speaker 1: The S and P gained ninety two. The ten year

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Speaker 1: Treasury yield at four point two one percent, the two

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Speaker 1: year yield at three point nine to nine percent. That's

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

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Speaker 1: made Kleggy.

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Speaker 3: This is Bloomberg