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

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Speaker 1: made Kleggy. A late night showdown in the Senate ended

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Speaker 1: with three holdouts voting yes, thus allowing President Trump's tax

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Speaker 1: and spending cut bill to clear a key test vote

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Speaker 1: in the Senate. As Republicans raced to get the measure

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Speaker 1: to the President's desk. Immediately after the vote passed, Senate

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Speaker 1: Democrats demanded a full reading of the bill. The US

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Speaker 1: and fellow G seven nations signed an agreement to create

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Speaker 1: a so called side by side system exempting US companies

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Speaker 1: from some elements of an existing global agreement, and, as

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Speaker 1: Bloomberg's Denise Pellegrini reports, this could help avert a global

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Speaker 1: tax war.

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Speaker 2: US officials have agreed to remove the so called revenge

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Speaker 2: tax provision from President Trump's tax cut bill. It would

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Speaker 2: have increased taxes on the US income of non US

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Speaker 2: based businesses and individuals for those countries whose tax policies

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Speaker 2: Washington deems discriminatory. As part of the new agreement, the

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Speaker 2: other G seven members will support the US position in

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Speaker 2: negotiations with Group of twenty countries and with the Organization

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Speaker 2: for Economic Cooperation and Development, which has been hosting global

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Speaker 2: talks on corporate taxes Denise Pellgritty Bloomberg Radio.

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Speaker 1: Democratic Former Minnesota House Speaker Melissa Hortman was honored for

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Speaker 1: her legislative accomplishments and her humanity during a funeral Saturday,

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Speaker 1: where former President Joe Biden and former Vice President Kamala

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Speaker 1: Harris joined the over one thousand mourners. Minnesota Governor Tim

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Speaker 1: Wall spoke at the service.

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Speaker 3: Melissa Hortman will be remembered as the most consequential speaker

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Speaker 3: in Minnesota history. I get to remember as a close friend,

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Speaker 3: a mentor, and the most talented legislator I ever known.

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Speaker 1: Hortman was shot to death in a pair of attacks

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Speaker 1: two weeks earlier by a man posing as a police

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Speaker 1: officer that Minnesota's chief federal prosecutor has called an assassination.

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Speaker 1: The shootings also left her husband Mark dead and a

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Speaker 1: state senator and his wife seriously wounded. Chief Justice John

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Speaker 1: Roberts on Saturday spoke on the role of the court.

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Speaker 4: The only novel contribution of the Constitution to political science

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Speaker 4: is the notion of an independent judiciary with the authority

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Speaker 4: to say what.

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Speaker 1: The law is speaking in a moment when threats against

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Speaker 1: judges are on the rise. Roberts warned Saturday that elected

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Speaker 1: officials heated words about judges can lead to threats or

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Speaker 1: acts of violence by others. Without identifying anyone by name,

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Speaker 1: Roberts clearly referenced to Republican President Donald Trump and Senate

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Speaker 1: Democratic leader Chuck Schumer of New York when he said

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Speaker 1: he has felt compelled to issue public rebukes of figures

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Speaker 1: in both parties in recent years. Hundreds of thousands of

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Speaker 1: people marched through Budapest Saturday, joining the city's pride parade

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Speaker 1: in one of the biggest displays of public defiance in

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Speaker 1: Hungary during Prime Minister Victor Orbond's fifteen year rule. Hungarians

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Speaker 1: and visitors from across Europe united in solidarity with the

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Speaker 1: LGBTQ community, which has frequently been the target of the

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Speaker 1: nationalist leader's policies, flout today government ban on the event

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Speaker 1: that drew many first time participants. President Trump gets the

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Speaker 1: so called golden share power in the deal between japan

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Speaker 1: based Nippon Steel and US Steel. Bloomberg's Amy Morris reports.

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Speaker 5: New disclosures with the Securities in Exchange Commissions show President

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Speaker 5: Trump will control the Golden share that's part of the

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Speaker 5: national Security agreement, under which he allowed Nippon Steele to

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Speaker 5: buy out US Steel. The Golden Share is a provision

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Speaker 5: that gives Trump the power to appoint a board member

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Speaker 5: and to have a say in company decisions that impact

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Speaker 5: domestic steel production and competition with overseas producers. Under future presidents,

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Speaker 5: the Golden Share will revert to the Treasury and Commerce Departments.

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Speaker 5: In Washington, Amy Morris Bloomberg.

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Speaker 1: Radio California Governor Gavin Newsom is suing Fox News for defamation.

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Speaker 1: Bloomberg's Karen Moscow has more.

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Speaker 6: The suit stems from the network's coverage of a conversation

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Speaker 6: Governor Newsom had with President Trump about the use of

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Speaker 6: National Guard troops to respond to protest in Los Angeles.

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Speaker 6: In the lawsuit filed Friday and Delaware, Newsom accused the

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Speaker 6: network of deliberately misrepresenting comments made by himself and Trump

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Speaker 6: to claim that Newsom had lied about a phone conversation

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Speaker 6: between the two leaders. Newsom is seeking seven hundred and

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Speaker 6: eighty seven million dollars. That's roughly the same amount Fox

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Speaker 6: News paid to Dominion Voting Systems in twenty twenty three

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Speaker 6: to settle a separate defamation lawsuit over the network's election coverage.

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Speaker 6: Representatives at Fox News did not immediately respond to a

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Speaker 6: request for comment. Karen Moscow, Bloomberg Radio.

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Speaker 1: After two rounds of live golf in Dallas, Patrick Reid

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Speaker 1: four under four the day nine under four of the tournament.

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Speaker 1: He will enter Sunday's final round with a three shot lead.

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Speaker 1: That's news. When you wanted with Bloomberg News. Now I

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Speaker 1: made Kleggy.

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Speaker 6: This is Bloomberg