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

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Speaker 1: Doug Prisoner. One cabinet post still unknown in President elect

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Speaker 1: Trump's administration is Treasury Secretary. Two top advisors have been

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Speaker 1: publicly battling for this job. One is Scott Bessett, the

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Speaker 1: founder of the investment firm Key Square Capital Management, the

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Speaker 1: other Howard Lutnik, the CEO of the Wall Street firm

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Speaker 1: Canter Fitzgerald. But now The New York Times reports the

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Speaker 1: President elect is eyeing a new candidate, the former Fed

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Speaker 1: Governor Kevin Walsh, and The Time says Trump is also

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Speaker 1: considering the Wall Street billionaire Mark Rowan. Meantime, the Financial

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Speaker 1: Times reports Trump's advisors have been seeking assurances from these

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Speaker 1: candidates on a commitment to plans for sweeping tariffs. Meantime,

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Speaker 1: the President elect has announced his chairman of the Federal

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Speaker 1: Communications Commission is Brendan Carr, the current senior Republican on

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Speaker 1: the FCC. Now, Carr has publicly agreed with the incoming

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Speaker 1: administration's promise to cut regulation and punish TV networks for

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Speaker 1: what it is says is political bias. Over the weekend,

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Speaker 1: we got another cabinet pick from the incoming Trump administration.

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Speaker 1: Bloomberg's Ed Kalleggi has more on the nominee for Energy Secretary.

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Speaker 2: Trump nominated Chris Wright, who runs a Colorado based oil

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Speaker 2: and natural gas bracking services company, to lead the energy departments. Right,

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Speaker 2: the chief executive officer of Liberty Energy has no previous

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Speaker 2: Washington experience. He's made a name for himself as a

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Speaker 2: vocal proponent of oil and gas, saying fossil fuels are

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Speaker 2: crucial for spreading prosperity and lifting people from poverty. The

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Speaker 2: threat of global warming, he has said, is exaggerated. Ed

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Speaker 2: Kalleggy Bloomberg Radio.

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Speaker 1: President Biden has approved Ukraine's use of long range American

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Speaker 1: missiles to strike deeper inside of Russia. This is according

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Speaker 1: to the Associated Press, as well as the number of

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Speaker 1: other media outlets. These reports say the easing of limitations

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Speaker 1: is meant to prevent the war in Ukraine from spiraling further,

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Speaker 1: with North Korean troops reportedly fighting alongside Russian forces on

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Speaker 1: the front lines. Ukraine's President Vladimir Zelenski address the reports

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Speaker 1: through a translator. This evening blank postil in Ukraine.

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Speaker 3: It's a plank per remot today.

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Speaker 4: There's a lot of talk in the media about US

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Speaker 4: receiving permission for respective actions, but strikes are not carried

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Speaker 4: out with words. Such things are not announced. Missiles will

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Speaker 4: speak for themselves.

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Speaker 1: That's Ukrainian President Voladimir Zelensky. Meantime, the Biden administration is

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Speaker 1: apparently weighing curbs on fossil fuels that could outlast President Electromp.

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Speaker 1: More from Bloomberg's Denise Pellegrini.

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Speaker 5: We're hearing the Biden administration is weighing a last ditch

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Speaker 5: push for an international agreement that would restrict financial support

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Speaker 5: for foreign oil and gas projects. Negotiations among members of

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Speaker 5: the Organization for Economic Cooperation and Development start Monday, and

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Speaker 5: an issue is a proposal by European nations to expand

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Speaker 5: and existing three year old ben on Export Credit Agency

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Speaker 5: support for automated coal fire power plants. The EU wants

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Speaker 5: Export Credit Agency financing like loans and guarantees, to be

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Speaker 5: off limits for most oil and gas projects. Denise Pelygrinny

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Speaker 5: Bloomberg Radio and.

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Speaker 1: Vidia has reportedly in recent months asked its suppliers to

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Speaker 1: change the design of the server racks for its new

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Speaker 1: Blackwell graphics processing unit. The Information reports the change is

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Speaker 1: due to a problem with overheating and it comes late

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Speaker 1: in the production process. According to the information, in Vidia

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Speaker 1: has not notified customers of the delay. Earning season is

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Speaker 1: winding down, but Wall Street will be getting a number

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Speaker 1: of closely watched reports in the coming week. We have

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Speaker 1: a preview from Bloomberg's Charlie Pellett.

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Speaker 6: Ai Giant in Video is expected to lift profit guidance

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Speaker 6: as it ramps up production of its new Blackwell chip.

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Speaker 6: Sitara Sundar is global equity strategist at JP Morgan Private Bank.

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Speaker 6: She sees the outlook for earnings, pushing the S and

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Speaker 6: P five hundred index higher.

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Speaker 4: We just came off of a pretty solid, maybe unspectacular

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Speaker 4: earning season, but a solid earning season.

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Speaker 5: We're going into earning season.

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Speaker 4: The street was expecting five percent girls and we're actually

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Speaker 4: surpassing that, and we think it's going to end up

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Speaker 4: closer to seven or eight percent.

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Speaker 6: Also reporting this week Walmart and TJX, and we hear

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Speaker 6: from Trip dot Com, Loews, and Deer in New York

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Speaker 6: Charlie Palett Bloomberg Radio.

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Speaker 1: We go to Japan next, where a Bank of Japan

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Speaker 1: governor Kazuo Aweda said the timing of the boj's next

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Speaker 1: policy adjustment will depend on the economy and prices. It

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Speaker 1: seems to underscore the boj's position on data dependency. It

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Speaker 1: also keeps Auada's options open. He spoke through a translator

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Speaker 1: ahead of the bank's December meeting, where over half of

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Speaker 1: the economists surveyed last month expect the BOJ to raise

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Speaker 1: interest rates.

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Speaker 3: At each monetary policy meeting, the bank will make policy

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Speaker 3: decisions while updating its assessment of the current state and

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Speaker 3: outlook for the economy and prices based on the data

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Speaker 3: and information available at that time.

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Speaker 1: That was Bank of Japan Governor Kazuo Awaita. Now the

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Speaker 1: en weakened against the dollar following his remarks, and that

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

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Speaker 1: I'm Doug Krisner, and this is Bloomberg