1 00:00:01,880 --> 00:00:04,800 Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Prisner. 2 00:00:05,040 --> 00:00:08,320 Speaker 1: A federal judge is blocking President Trump from firing FED 3 00:00:08,360 --> 00:00:12,800 Speaker 1: Governor Lisa Cook, as her lawsuit challenging this termination plays out. 4 00:00:13,080 --> 00:00:16,880 Speaker 1: The judge rule the president did not likely have cause back. 5 00:00:16,920 --> 00:00:19,560 Speaker 1: On August twenty fifth, Trump said he was firing Cook 6 00:00:19,640 --> 00:00:23,599 Speaker 1: because of suggestions she had committed mortgage fraud in connection 7 00:00:23,720 --> 00:00:28,440 Speaker 1: with documents she signed for two residential properties, one in Georgia, 8 00:00:28,560 --> 00:00:31,840 Speaker 1: another in Michigan. We go to the Middle East next, 9 00:00:32,000 --> 00:00:36,320 Speaker 1: where tensions spiked after Israel struck Hamas leadership in the 10 00:00:36,360 --> 00:00:40,040 Speaker 1: capital of cutter. This move was condemned by key Gulf states. 11 00:00:40,240 --> 00:00:43,280 Speaker 1: An analyst are saying the strike could end normalization efforts 12 00:00:43,320 --> 00:00:46,800 Speaker 1: with Israel and trigger wider instability at a time when 13 00:00:46,840 --> 00:00:49,000 Speaker 1: the US is working to broke or a cease fire 14 00:00:49,080 --> 00:00:52,519 Speaker 1: in Gaza. Speaking outside a restaurant in Washington, d C, 15 00:00:52,720 --> 00:00:56,600 Speaker 1: President Trump told reporters he was not given advanced notice 16 00:00:56,680 --> 00:00:57,760 Speaker 1: of the Israeli strike. 17 00:00:57,920 --> 00:00:59,560 Speaker 2: I was very unhappy about it. 18 00:01:00,120 --> 00:01:03,240 Speaker 1: Happy about every aspect, and we got to get the 19 00:01:03,240 --> 00:01:06,680 Speaker 1: hostages back, but I was very unhappy about the way 20 00:01:06,680 --> 00:01:09,840 Speaker 1: that went down. That was President Trump speaking there He 21 00:01:09,880 --> 00:01:12,200 Speaker 1: went on to say that he spoke with both Israeli 22 00:01:12,200 --> 00:01:15,919 Speaker 1: Prime Minister Benjamin Neknyahu as well as the leaders of Cutter, 23 00:01:16,400 --> 00:01:19,120 Speaker 1: and Trump assured the Qataris that such an attack would 24 00:01:19,160 --> 00:01:22,480 Speaker 1: not happen again. Cutter is a critical US partner in 25 00:01:22,520 --> 00:01:26,280 Speaker 1: the region, and it's been a key mediator in Israeli Hamas' 26 00:01:26,400 --> 00:01:31,479 Speaker 1: hostage negotiations. Staying in Washington, the Trump administration signature trade 27 00:01:31,480 --> 00:01:34,800 Speaker 1: policy is now heading to the Supreme Court. Today, the 28 00:01:35,000 --> 00:01:39,080 Speaker 1: justices agreed to fast track a case reviewing the legality 29 00:01:39,120 --> 00:01:42,319 Speaker 1: of these tariffs that affect trillions of dollars in commerce. Now. 30 00:01:42,360 --> 00:01:45,160 Speaker 1: A lower court has already ruled that President Trump exceeded 31 00:01:45,160 --> 00:01:48,960 Speaker 1: his power under a nineteen seventy seven law by unilaterally 32 00:01:49,080 --> 00:01:52,920 Speaker 1: raising those import duties. Here is Bloomberg's Laura Davison. 33 00:01:52,960 --> 00:01:55,480 Speaker 3: It's good have massive implications. If the Supreme Courts decides 34 00:01:55,480 --> 00:01:57,880 Speaker 3: they are not legal, then there is the big question 35 00:01:57,960 --> 00:02:00,000 Speaker 3: of what happens to all the tariffs that have been 36 00:02:00,120 --> 00:02:03,480 Speaker 3: paid over the past several months. These are billions of dollars, 37 00:02:03,520 --> 00:02:06,600 Speaker 3: and getting that back to each company could be a 38 00:02:06,640 --> 00:02:07,400 Speaker 3: monumental task. 39 00:02:07,480 --> 00:02:10,120 Speaker 1: That was Bloomberg's Laura Davison. By the way, those tariffs 40 00:02:10,160 --> 00:02:13,240 Speaker 1: will remain in place, at least for now. Separately, today, 41 00:02:13,280 --> 00:02:15,960 Speaker 1: President Trump said he is prepared to join the European 42 00:02:16,040 --> 00:02:20,720 Speaker 1: Union in imposing sweeping new tariffs on both India and China. Now, 43 00:02:20,720 --> 00:02:22,760 Speaker 1: we are told Trump made the request when he was 44 00:02:22,800 --> 00:02:26,079 Speaker 1: called into a meeting with senior US and EU officials 45 00:02:26,080 --> 00:02:26,760 Speaker 1: in Washington. 46 00:02:27,240 --> 00:02:27,400 Speaker 2: Now. 47 00:02:27,400 --> 00:02:30,079 Speaker 1: The aim here would be to push Russian President Vladimir 48 00:02:30,160 --> 00:02:33,360 Speaker 1: Putin to the negotiating table with regard to Ukraine, but 49 00:02:33,520 --> 00:02:37,280 Speaker 1: only if EU nations do so as well. Now. At 50 00:02:37,280 --> 00:02:41,160 Speaker 1: the same time, US and EU officials discussed other potential 51 00:02:41,200 --> 00:02:45,480 Speaker 1: measures that could include further sanctions on Russia's shadow fleet 52 00:02:45,520 --> 00:02:49,320 Speaker 1: of oil tankers and restrictions on Russian banks, as well 53 00:02:49,360 --> 00:02:53,800 Speaker 1: as Russia's financial sector and its major oil companies. President 54 00:02:53,840 --> 00:02:57,200 Speaker 1: Trump called the birthday note he allegedly sent to Jeffrey 55 00:02:57,240 --> 00:03:00,440 Speaker 1: Epstein a dead issue. He made the comment today in 56 00:03:00,480 --> 00:03:03,799 Speaker 1: an interview with NBC News, and his remarks come a 57 00:03:03,880 --> 00:03:06,640 Speaker 1: day after House Democrats released a copy of the letter 58 00:03:06,720 --> 00:03:10,720 Speaker 1: along with other documents. Meantime, White House Press Secretary Caroline 59 00:03:10,800 --> 00:03:13,720 Speaker 1: Levitt maintained that the image of the letter released by 60 00:03:13,760 --> 00:03:17,840 Speaker 1: House Democrats is fabricated claiming Trump did not sign it. 61 00:03:18,080 --> 00:03:20,880 Speaker 2: The President did not write that letter, He did not 62 00:03:21,000 --> 00:03:24,320 Speaker 2: sign those documents. He maintains that position, and that position 63 00:03:24,360 --> 00:03:26,920 Speaker 2: will be argued in court by his lawyers. The President 64 00:03:26,960 --> 00:03:28,639 Speaker 2: is very confident he is going to win this case. 65 00:03:28,680 --> 00:03:32,320 Speaker 1: White House Press Secretary Caroline Levitt, speaking there. The Trump 66 00:03:32,320 --> 00:03:36,480 Speaker 1: administration has announced plans to crack down on pharmaceutical advertising 67 00:03:36,520 --> 00:03:40,600 Speaker 1: on television and social media platforms. The administration is planning 68 00:03:40,640 --> 00:03:44,960 Speaker 1: to enforce existing rules about misleading ads. The FDA will 69 00:03:45,000 --> 00:03:48,680 Speaker 1: send csend assist and warning letters to companies related to 70 00:03:48,760 --> 00:03:53,440 Speaker 1: pharmaceutical advertising. The new regulations may require broadcast ads to 71 00:03:53,480 --> 00:03:57,320 Speaker 1: be longer to ensure they disclose the full risk profiles 72 00:03:57,360 --> 00:04:00,960 Speaker 1: of these medications. The Justice Department is charged demand with 73 00:04:01,000 --> 00:04:04,480 Speaker 1: a fatal stabbing of a Ukrainian refugee on a North 74 00:04:04,520 --> 00:04:08,600 Speaker 1: Carolina commuter train last month. To Carlos Brown Junior faces 75 00:04:08,640 --> 00:04:12,840 Speaker 1: a federal charge of causing death on a mass transportation system. 76 00:04:13,000 --> 00:04:15,360 Speaker 1: Now this charge carries a sentence of up to life 77 00:04:15,400 --> 00:04:18,960 Speaker 1: in prison or even the death penalty. Prosecutors in North 78 00:04:18,960 --> 00:04:22,880 Speaker 1: Carolina also charged Brown with first degree murder. Here is 79 00:04:22,960 --> 00:04:26,400 Speaker 1: Russ Ferguson us Attorney for the Western District of North Carolina. 80 00:04:26,920 --> 00:04:30,159 Speaker 4: We're going to supplement those state charges with federal charges. 81 00:04:30,600 --> 00:04:33,200 Speaker 4: These federal charges will go alongside the murder case and 82 00:04:33,240 --> 00:04:36,640 Speaker 4: state court, and we hope that they will insure justice 83 00:04:36,680 --> 00:04:39,600 Speaker 4: for Erna, for her family, and for the whole Charlotte community. 84 00:04:39,640 --> 00:04:42,839 Speaker 1: That was Russ Ferguson, US Attorney for the Western District 85 00:04:42,839 --> 00:04:46,560 Speaker 1: of North Carolina. Now, as this case proceeds, there are 86 00:04:46,640 --> 00:04:50,800 Speaker 1: growing questions about why Brown was on the street despite 87 00:04:50,960 --> 00:04:54,640 Speaker 1: fourteen prior criminal arrest. And that is news when you 88 00:04:54,640 --> 00:04:57,120 Speaker 1: want it with Bloomberg News. Now, I'm Doug Prisner, and 89 00:04:57,200 --> 00:04:57,920 Speaker 1: this is Bloomberg