Speaker 1: News when you wanted with Bloomberg News. Now I'm Doug
Speaker 1: Prisoner in Washington, The Republican led US House has passed
Speaker 1: legislation aimed at ending President Trump's tariffs on Canada. Now
Speaker 1: this signals a growing anxiety over the White House's economic
Speaker 1: agenda ahead of midterm elections focused heavily on affordability. Passage
Speaker 1: by the House is not veto proof, meaning the vote
Speaker 1: was largely symbolic and a way to get lawmakers on
Speaker 1: the record for their support of these tariffs on Canadian goods.
Speaker 1: Here is Bloomberg's Derek Wallbank.
Speaker 2: These votes sort of represent an increase in political pressure
Speaker 2: on the president to change course just months before the
Speaker 2: midterm elections. They also, though, represent a big difficulty for
Speaker 2: some swing district Republicans whose districts may be heavily affected
Speaker 2: by tariffs, but who have to face a very real
Speaker 2: question about whether or not they want to cross the
Speaker 2: President on his signature issue That.
Speaker 1: Was Bloomberg's Derek Wallbank. Now. Passage of this measure comes
Speaker 1: President Trump privately wighs quitting the US Mexico Canada Trade
Speaker 1: Pact he signed during his first term. Also today, the
Speaker 1: House passed the Save America Act. This was backed by
Speaker 1: President Trump. The bill would change voting regulations by requiring
Speaker 1: proof of citizenship during voter registration. It also significantly curtails
Speaker 1: mail in voting. Here is House Speaker Mike Johnson, proof.
Speaker 3: Of citizenship and photo ID to vote. Everyone in the
Speaker 3: country understands the necessity of that, understands how simple it
Speaker 3: is and how important it is. And the only people
Speaker 3: that oppose it are people who want to cheat our system.
Speaker 1: That is House Speaker Mike Johnson. US Energy Secretary Chris
Speaker 1: Wright is in Venezuela, where he'll make an assessment of
Speaker 1: the country's oil industry. Wright met with Venezuelan's acting President,
Speaker 1: Delsi Rodriguez, and he's expected to meet with several government officials.
Speaker 1: Wright said the US government is working to issue new
Speaker 1: licenses to businesses who want to work in Venezuela.
Speaker 4: We know that working together the people of Venezuela and
Speaker 4: the people of the United States, this year, we can
Speaker 4: drive a dramatic increase in Venezuelan oil production in Venezuelan,
Speaker 4: natural gas production in Venezuelan electricity production, and most importantly
Speaker 4: of all, all of these are to increase the job opportunities,
Speaker 4: the wages, and the quality of life for all of
Speaker 4: the Venezuelans across the country.
Speaker 1: That is US Energy Secretary Chris Wright. President Trump is
Speaker 1: ordering the Pentagon to purchase electricity from coal fired power
Speaker 1: plants for military operations. Trump announced millions of dollars to
Speaker 1: upgrade existing facilities. This includes one hundred and seventy five
Speaker 1: million dollars to fund upgrades to six coal plants.
Speaker 5: Under our leadership, we're becoming a massive energy exporter. In
Speaker 5: just the past few months, we've made historic trade deals
Speaker 5: with Japan, Korea, India and others to increase our coal
Speaker 5: exports dramatic. We're now exporting call to all over the world,
Speaker 5: and the quality of our coal is supposed to be
Speaker 5: I mean, I'm not an expert in coal, but I've
Speaker 5: been very good to the people that are. The equality
Speaker 5: of our coal is supposed to be the finest anywhere
Speaker 5: in the world.
Speaker 1: Trump also said the actions would help boost coal power generation,
Speaker 1: and the President said this would deliver in turn, lower
Speaker 1: prices for consumers and insure industries critical to national security
Speaker 1: had steady power supplies. Attorney General Pam Bondi was in
Speaker 1: the hot seat today before the House Judiciary Committee, and
Speaker 1: she was reprimanded by Democrats for using the DOJ to
Speaker 1: target enemies of President Trump. Bondi was also criticized for
Speaker 1: her handling of the Epstein files, including the many reactions made.
Speaker 1: Here's an exchange between Bondi and New York Congressman Jerry Netler.
Speaker 5: How many perpetrators are you even investigating?
Speaker 1: First you showed it, I find how many have you?
Speaker 1: Ex Excuse me, I'm going to answer the question, answer
Speaker 1: my question. No, I'm going to answer the question the
Speaker 1: way I want to answer the question.
Speaker 5: The question.
Speaker 3: I'm not going to get in the gutter with these people.
Speaker 3: I'm going to answer the question, how.
Speaker 1: Many of you now? Bondi also faced questions on President
Speaker 1: Trump's immigration crackdown, as well as the DOJ's attempt to
Speaker 1: gather voter data from various states. President Trump and Israeli
Speaker 1: Prime Minister Benjamin Netnia, who met today in Washington. Trump
Speaker 1: said he spoke about his intention to press ahead on
Speaker 1: talks with Iran. Trump also said his preference was to
Speaker 1: reach a deal with the Islamic Republic, despite reservations from
Speaker 1: the Israeli leader. Netanyahuo is pushing for limits on Iran's
Speaker 1: ballistic missile program and its support for militant groups. Here
Speaker 1: is Bloomberg's Catherine Lucy.
Speaker 6: It's clear from the President that he is saying he said,
Speaker 6: he's saying that this was a good meeting, but that
Speaker 6: he wants to continue talks to see if he can
Speaker 6: reach some kind of deal with Iran. And and I
Speaker 6: think we know from talking to folks around the Prime
Speaker 6: Minister and from our reporting there, that there is concern
Speaker 6: on that side about what such a deal could look like.
Speaker 6: And that's I think certainly part of the reason he
Speaker 6: was here. There's concern about what kind of deal President
Speaker 6: Trump might agree to, what the scope of that would be,
Speaker 6: But clearly nothing decided today.
Speaker 1: That is Bloomberg's Catherine Lucy. Meantime, the Pentagon has reportedly
Speaker 1: told a second aircraft carrier strike group to prepare to
Speaker 1: deploy to the Middle East as the US readies for
Speaker 1: a potential attack on Iran. The Wall Street Journal reports
Speaker 1: President Trump was weighing a second carrier strike if negotiations
Speaker 1: were to fail. Now. The deployment of a second carrier
Speaker 1: would mark the first time there have been two carriers
Speaker 1: in the region in nearly a year. The star of
Speaker 1: the popular nineties teen drama series Dawson Creek has died
Speaker 1: the family of James Vanderbeek announced his death on Instagram.
Speaker 1: In twenty twenty four, Vanderbeek revealed he was being treated
Speaker 1: for colorectal cancer. James vander Berk Week was forty eight.
Speaker 1: And that is news when you want it with Bloomberg News. Now,
Speaker 1: I'm Doug Krisner and this is Bloomberg