WEBVTT - US House Votes to Repeal Canada Tariffs, Passes SAVE Act, More

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<v Speaker 1>News when you wanted with Bloomberg News. Now I'm Doug

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<v Speaker 1>Prisoner in Washington, The Republican led US House has passed

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<v Speaker 1>legislation aimed at ending President Trump's tariffs on Canada. Now

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<v Speaker 1>this signals a growing anxiety over the White House's economic

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<v Speaker 1>agenda ahead of midterm elections focused heavily on affordability. Passage

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<v Speaker 1>by the House is not veto proof, meaning the vote

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<v Speaker 1>was largely symbolic and a way to get lawmakers on

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<v Speaker 1>the record for their support of these tariffs on Canadian goods.

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<v Speaker 1>Here is Bloomberg's Derek Wallbank.

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<v Speaker 2>These votes sort of represent an increase in political pressure

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<v Speaker 2>on the president to change course just months before the

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<v Speaker 2>midterm elections. They also, though, represent a big difficulty for

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<v Speaker 2>some swing district Republicans whose districts may be heavily affected

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<v Speaker 2>by tariffs, but who have to face a very real

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<v Speaker 2>question about whether or not they want to cross the

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<v Speaker 2>President on his signature issue That.

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<v Speaker 1>Was Bloomberg's Derek Wallbank. Now. Passage of this measure comes

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<v Speaker 1>President Trump privately wighs quitting the US Mexico Canada Trade

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<v Speaker 1>Pact he signed during his first term. Also today, the

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<v Speaker 1>House passed the Save America Act. This was backed by

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<v Speaker 1>President Trump. The bill would change voting regulations by requiring

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<v Speaker 1>proof of citizenship during voter registration. It also significantly curtails

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<v Speaker 1>mail in voting. Here is House Speaker Mike Johnson, proof.

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<v Speaker 3>Of citizenship and photo ID to vote. Everyone in the

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<v Speaker 3>country understands the necessity of that, understands how simple it

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<v Speaker 3>is and how important it is. And the only people

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<v Speaker 3>that oppose it are people who want to cheat our system.

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<v Speaker 1>That is House Speaker Mike Johnson. US Energy Secretary Chris

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<v Speaker 1>Wright is in Venezuela, where he'll make an assessment of

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<v Speaker 1>the country's oil industry. Wright met with Venezuelan's acting President,

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<v Speaker 1>Delsi Rodriguez, and he's expected to meet with several government officials.

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<v Speaker 1>Wright said the US government is working to issue new

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<v Speaker 1>licenses to businesses who want to work in Venezuela.

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<v Speaker 4>We know that working together the people of Venezuela and

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<v Speaker 4>the people of the United States, this year, we can

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<v Speaker 4>drive a dramatic increase in Venezuelan oil production in Venezuelan,

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<v Speaker 4>natural gas production in Venezuelan electricity production, and most importantly

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<v Speaker 4>of all, all of these are to increase the job opportunities,

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<v Speaker 4>the wages, and the quality of life for all of

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<v Speaker 4>the Venezuelans across the country.

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<v Speaker 1>That is US Energy Secretary Chris Wright. President Trump is

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<v Speaker 1>ordering the Pentagon to purchase electricity from coal fired power

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<v Speaker 1>plants for military operations. Trump announced millions of dollars to

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<v Speaker 1>upgrade existing facilities. This includes one hundred and seventy five

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<v Speaker 1>million dollars to fund upgrades to six coal plants.

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<v Speaker 5>Under our leadership, we're becoming a massive energy exporter. In

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<v Speaker 5>just the past few months, we've made historic trade deals

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<v Speaker 5>with Japan, Korea, India and others to increase our coal

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<v Speaker 5>exports dramatic. We're now exporting call to all over the world,

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<v Speaker 5>and the quality of our coal is supposed to be

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<v Speaker 5>I mean, I'm not an expert in coal, but I've

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<v Speaker 5>been very good to the people that are. The equality

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<v Speaker 5>of our coal is supposed to be the finest anywhere

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<v Speaker 5>in the world.

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<v Speaker 1>Trump also said the actions would help boost coal power generation,

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<v Speaker 1>and the President said this would deliver in turn, lower

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<v Speaker 1>prices for consumers and insure industries critical to national security

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<v Speaker 1>had steady power supplies. Attorney General Pam Bondi was in

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<v Speaker 1>the hot seat today before the House Judiciary Committee, and

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<v Speaker 1>she was reprimanded by Democrats for using the DOJ to

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<v Speaker 1>target enemies of President Trump. Bondi was also criticized for

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<v Speaker 1>her handling of the Epstein files, including the many reactions made.

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<v Speaker 1>Here's an exchange between Bondi and New York Congressman Jerry Netler.

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<v Speaker 5>How many perpetrators are you even investigating?

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<v Speaker 1>First you showed it, I find how many have you?

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<v Speaker 1>Ex Excuse me, I'm going to answer the question, answer

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<v Speaker 1>my question. No, I'm going to answer the question the

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<v Speaker 1>way I want to answer the question.

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<v Speaker 5>The question.

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<v Speaker 3>I'm not going to get in the gutter with these people.

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<v Speaker 3>I'm going to answer the question, how.

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<v Speaker 1>Many of you now? Bondi also faced questions on President

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<v Speaker 1>Trump's immigration crackdown, as well as the DOJ's attempt to

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<v Speaker 1>gather voter data from various states. President Trump and Israeli

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<v Speaker 1>Prime Minister Benjamin Netnia, who met today in Washington. Trump

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<v Speaker 1>said he spoke about his intention to press ahead on

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<v Speaker 1>talks with Iran. Trump also said his preference was to

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<v Speaker 1>reach a deal with the Islamic Republic, despite reservations from

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<v Speaker 1>the Israeli leader. Netanyahuo is pushing for limits on Iran's

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<v Speaker 1>ballistic missile program and its support for militant groups. Here

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<v Speaker 1>is Bloomberg's Catherine Lucy.

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<v Speaker 6>It's clear from the President that he is saying he said,

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<v Speaker 6>he's saying that this was a good meeting, but that

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<v Speaker 6>he wants to continue talks to see if he can

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<v Speaker 6>reach some kind of deal with Iran. And and I

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<v Speaker 6>think we know from talking to folks around the Prime

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<v Speaker 6>Minister and from our reporting there, that there is concern

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<v Speaker 6>on that side about what such a deal could look like.

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<v Speaker 6>And that's I think certainly part of the reason he

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<v Speaker 6>was here. There's concern about what kind of deal President

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<v Speaker 6>Trump might agree to, what the scope of that would be,

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<v Speaker 6>But clearly nothing decided today.

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<v Speaker 1>That is Bloomberg's Catherine Lucy. Meantime, the Pentagon has reportedly

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<v Speaker 1>told a second aircraft carrier strike group to prepare to

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<v Speaker 1>deploy to the Middle East as the US readies for

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<v Speaker 1>a potential attack on Iran. The Wall Street Journal reports

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<v Speaker 1>President Trump was weighing a second carrier strike if negotiations

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<v Speaker 1>were to fail. Now. The deployment of a second carrier

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<v Speaker 1>would mark the first time there have been two carriers

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<v Speaker 1>in the region in nearly a year. The star of

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<v Speaker 1>the popular nineties teen drama series Dawson Creek has died

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<v Speaker 1>the family of James Vanderbeek announced his death on Instagram.

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<v Speaker 1>In twenty twenty four, Vanderbeek revealed he was being treated

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<v Speaker 1>for colorectal cancer. James vander Berk Week was forty eight.

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<v Speaker 1>And that is news when you want it with Bloomberg News. Now,

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<v Speaker 1>I'm Doug Krisner and this is Bloomberg