1 00:00:00,880 --> 00:00:03,800 Speaker 1: News when you want, it's with Bloomberg News. Now I'm 2 00:00:03,800 --> 00:00:07,120 Speaker 1: made clanking. The candidacy of black Rocks Rick Reader to 3 00:00:07,200 --> 00:00:10,240 Speaker 1: be the next Federal Reserve chair has gained late momentum. 4 00:00:10,440 --> 00:00:12,880 Speaker 1: This from people familiar with the matter as President Trump 5 00:00:12,920 --> 00:00:15,960 Speaker 1: weigh's congressional blowback in his bid to put a friendlier 6 00:00:16,000 --> 00:00:18,600 Speaker 1: face at the head of the Central Bank. Trump's interview 7 00:00:18,640 --> 00:00:21,680 Speaker 1: Thursday with Reader went well. This from the people, speaking 8 00:00:21,720 --> 00:00:25,720 Speaker 1: on condition of anonymity to discuss the private deliberations. President 9 00:00:25,760 --> 00:00:27,920 Speaker 1: Trump says much of Europe will now be charged to 10 00:00:28,000 --> 00:00:31,640 Speaker 1: ten percent tariff for opposing US control of Greenland. Bloomberg's 11 00:00:31,680 --> 00:00:33,080 Speaker 1: Monica Rick reports. 12 00:00:32,800 --> 00:00:35,920 Speaker 2: President Trump is now escalating takeover talks and says he's 13 00:00:35,960 --> 00:00:41,040 Speaker 2: imposing tariffs on eight European countries opposing US control of Greenland. 14 00:00:41,360 --> 00:00:44,360 Speaker 2: He says they'll start at ten percent on February first, 15 00:00:44,479 --> 00:00:46,920 Speaker 2: then go as high as twenty five percent if the 16 00:00:47,040 --> 00:00:50,559 Speaker 2: US doesn't have complete control by June. The tariffs will 17 00:00:50,560 --> 00:00:54,960 Speaker 2: apply to Denmark, Norway, Sweden, France, Germany, the UK, the 18 00:00:55,000 --> 00:00:58,080 Speaker 2: Netherlands and Finland. All of this, of course, depends on 19 00:00:58,120 --> 00:01:01,280 Speaker 2: what the Supreme Court has to say about his current tariffs. 20 00:01:01,520 --> 00:01:05,720 Speaker 2: They could be overturned. A ruling is expected soon, Monica Ricks, 21 00:01:05,880 --> 00:01:06,720 Speaker 2: Bloomberg Radio. 22 00:01:06,840 --> 00:01:09,840 Speaker 1: Meanwhile, thousands of people took to the streets across Denmark 23 00:01:09,880 --> 00:01:13,000 Speaker 1: to protest President Trump's ambitions to take control of Greenland, 24 00:01:13,400 --> 00:01:16,119 Speaker 1: underscoring the deeponties over the future of the Arctic island. 25 00:01:16,160 --> 00:01:20,560 Speaker 1: The demonstrations unfolded across the Nordic nation's largest cities on Saturday, 26 00:01:20,600 --> 00:01:23,800 Speaker 1: with crowds gathering in central Copenhagen and outside the US 27 00:01:23,880 --> 00:01:28,200 Speaker 1: embassy and tandem with rallies and several other cities. Protester Elis, 28 00:01:28,319 --> 00:01:31,240 Speaker 1: Rice and Copenhagen on Trump seeking control of Greenland. 29 00:01:31,560 --> 00:01:33,520 Speaker 3: This is some frauding for the whole world. 30 00:01:34,319 --> 00:01:37,399 Speaker 1: There many small countries, none of. 31 00:01:37,280 --> 00:01:38,280 Speaker 4: Them are for seeing. 32 00:01:38,760 --> 00:01:41,600 Speaker 1: European Union lawmakers are poised to block approval of the 33 00:01:41,600 --> 00:01:44,319 Speaker 1: EU's trade deal with the US over President Trump's vow 34 00:01:44,600 --> 00:01:47,280 Speaker 1: to impose tariffs on countries that supported Greenland. In the 35 00:01:47,360 --> 00:01:50,880 Speaker 1: face of American threats, Manfred Webber, president of the European 36 00:01:50,920 --> 00:01:54,360 Speaker 1: People's Party, the largest political group in the European Parliament, 37 00:01:54,400 --> 00:01:57,760 Speaker 1: said Saturday that agreement with the US is no longer possible. 38 00:01:58,040 --> 00:02:01,680 Speaker 1: The EU US trade agreement, which European commissioned President Ursula 39 00:02:01,760 --> 00:02:05,400 Speaker 1: Vonderley and struck with Trump last summer has already been implemented, 40 00:02:05,440 --> 00:02:08,839 Speaker 1: but still needs a nod from Parliament. President Trump says 41 00:02:08,919 --> 00:02:11,519 Speaker 1: he will be suing JP Morgan Chase over the next 42 00:02:11,560 --> 00:02:16,519 Speaker 1: two weeks for incorrectly and inappropriately debanking him after the 43 00:02:16,639 --> 00:02:20,440 Speaker 1: January sixth protests. The President posted on truth Social and 44 00:02:20,480 --> 00:02:24,000 Speaker 1: denied JP Morgan Chase CEO Jamie Diamond was offered the 45 00:02:24,080 --> 00:02:26,960 Speaker 1: job of Federal Reserve Chair, adding that Scott Besant is 46 00:02:27,000 --> 00:02:31,400 Speaker 1: doing a fantastic job as Treasury Secretary. Anti ICE protesters 47 00:02:31,480 --> 00:02:34,640 Speaker 1: in Minneapolis overwhelmed a planned rally in support of immigration 48 00:02:34,720 --> 00:02:38,519 Speaker 1: and customs enforcement on Saturday, pelting the supporters with snowballs 49 00:02:38,520 --> 00:02:41,480 Speaker 1: and water balloons and sub freezing weather. As many as 50 00:02:41,480 --> 00:02:45,280 Speaker 1: a thousand protesters denouncing federal immigration enforcement showed up to 51 00:02:45,320 --> 00:02:49,000 Speaker 1: where a handful of opponents were demonstrating. No injuries were reported. 52 00:02:49,080 --> 00:02:52,680 Speaker 1: Jake Lang, who participated in the January sixth, twenty twenty 53 00:02:52,720 --> 00:02:55,560 Speaker 1: one storming of the US Capitol, was among the leaders 54 00:02:55,760 --> 00:03:00,280 Speaker 1: of the pro ice demonstrations outside Minneapolis City Hall. Trump 55 00:03:00,320 --> 00:03:02,560 Speaker 1: pardon Lang and others who ride it at the Capitol 56 00:03:02,680 --> 00:03:05,920 Speaker 1: to stop the certification of President Joe Biden's election victory 57 00:03:06,080 --> 00:03:10,240 Speaker 1: in twenty twenty. Iran Supreme Leader Ayatola Ali Kommani on 58 00:03:10,280 --> 00:03:13,600 Speaker 1: Saturday said several thousand people died in this month's anti 59 00:03:13,600 --> 00:03:17,440 Speaker 1: government demonstrations, his first acknowledgment of the deadly scale of 60 00:03:17,480 --> 00:03:20,480 Speaker 1: the unrest. Some of those were killed quote brutally and 61 00:03:20,680 --> 00:03:23,880 Speaker 1: in you mainly. Kamane said this without offering details. In 62 00:03:23,960 --> 00:03:27,760 Speaker 1: a public meeting broadcast on State TV. He accused the 63 00:03:27,880 --> 00:03:30,359 Speaker 1: US and Israel evating the killings and said the Islamic 64 00:03:30,400 --> 00:03:33,560 Speaker 1: Republic has evidence to support the claim. Kamane said Iron 65 00:03:33,639 --> 00:03:36,080 Speaker 1: does not intend to push the country toward war, but 66 00:03:36,120 --> 00:03:39,720 Speaker 1: won't allow either domestic or international criminals to go unpunished. 67 00:03:40,360 --> 00:03:42,360 Speaker 1: A down Friday, in a losing week for the US 68 00:03:42,440 --> 00:03:45,400 Speaker 1: equity market, we get a wrap up from Bloomberg's Charlie Pellett. 69 00:03:45,440 --> 00:03:48,640 Speaker 3: Stocks moves LAWA on concern that President Trump is cooling 70 00:03:48,680 --> 00:03:51,440 Speaker 3: on his dubbish front runner Kevin has It to head 71 00:03:51,480 --> 00:03:54,440 Speaker 3: the Federal Reserve. The S and P five hundred struggled 72 00:03:54,440 --> 00:03:57,080 Speaker 3: to gain traction and finish law for the week down 73 00:03:57,160 --> 00:04:00,200 Speaker 3: point four percent, while the Russell two thousand index of 74 00:04:00,240 --> 00:04:03,040 Speaker 3: small cap shares kept rising unbeat B S and P 75 00:04:03,160 --> 00:04:07,400 Speaker 3: five hundred four and eleventh straight session for January. The 76 00:04:07,480 --> 00:04:11,240 Speaker 3: Russell two thousand is up seven point nine percent for 77 00:04:11,400 --> 00:04:15,120 Speaker 3: the week, down industrials down point three percent. Nestak on 78 00:04:15,200 --> 00:04:18,480 Speaker 3: the Weak down point seven percent. In New York Charlie 79 00:04:18,440 --> 00:04:20,080 Speaker 3: Pellett Bloomberg Radio. 80 00:04:20,279 --> 00:04:23,599 Speaker 1: Disagreements of for pesticide policy are threatening to become the 81 00:04:23,800 --> 00:04:27,520 Speaker 1: latest NEPHO, hindering Congress's already delayed advancement of a farm 82 00:04:27,560 --> 00:04:31,240 Speaker 1: bill this year. Bloomberg's Amy Morris reports from Washington. 83 00:04:31,360 --> 00:04:34,760 Speaker 4: House Agriculture Chair G. T. Thompson still plans to include 84 00:04:34,839 --> 00:04:37,760 Speaker 4: language in a farm policy package that would limit state 85 00:04:37,800 --> 00:04:41,680 Speaker 4: and local regulation of pesticides, despite renewed opposition to the 86 00:04:41,720 --> 00:04:46,560 Speaker 4: proposal from Democrats, some Republicans, and health activists. Now, Thompson's 87 00:04:46,640 --> 00:04:48,919 Speaker 4: reasoning is that it'll drive up the cost of food 88 00:04:48,960 --> 00:04:53,440 Speaker 4: to have fifty different states using different pesticide regulations. Thompson 89 00:04:53,440 --> 00:04:57,400 Speaker 4: brushed aside opposition, pointing out that House Agriculture Committee members, 90 00:04:57,440 --> 00:05:01,039 Speaker 4: including four Democrats, already voted to a advanced the proposal, 91 00:05:01,279 --> 00:05:04,080 Speaker 4: but that package never came up for a floor a vote. 92 00:05:04,160 --> 00:05:06,200 Speaker 4: In Washington, Amy Moore as Bloomberg Radio. 93 00:05:06,320 --> 00:05:09,040 Speaker 1: The New York Giants have hired former Baltimore Ravens head 94 00:05:09,080 --> 00:05:11,919 Speaker 1: coach John Harbaugh to be their next head coach. Harbaugh 95 00:05:12,080 --> 00:05:15,680 Speaker 1: was fired in Baltimore after a playoff loss earlier this month, 96 00:05:15,720 --> 00:05:19,000 Speaker 1: and in the NFL Divisional Playoffs in the AFC, the 97 00:05:19,000 --> 00:05:22,680 Speaker 1: Denver Broncos defeated the Buffalo Bills in overtime thirty three thirty. 98 00:05:23,200 --> 00:05:25,800 Speaker 1: That's news when you want it with Bloomberg News Now, 99 00:05:26,120 --> 00:05:28,880 Speaker 1: I made Kleggy. This is Bloomberg