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Speaker 1: News when you wanted with Bloomberg News. Now, i'mde Kleggie

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Speaker 1: President Delank. Donald Trump has nominated Chris Wright, who runs

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Speaker 1: a Colorado based oil and natural gas franking services company,

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Speaker 1: to lead the Energy department. Wright, the chief executive officer

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Speaker 1: at Liberty Energy, has no previous Washington experience. He's made

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Speaker 1: a name for himself as a vocal proponent of oil

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Speaker 1: and gas, saying fossil fuels are crucial for spreading prosperity

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Speaker 1: and lifting people from poverty. The threat of global warming,

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Speaker 1: he has said, is exaggerated. Billionnaire Elon Musk voiced support

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Speaker 1: for Howard Lutnik and the race to be president Delank,

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Speaker 1: Donald Trump's next Treasury secretary, as Warren Camps make final

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Speaker 1: pushes for the coveted cabinet post. The infighting has delayed

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Speaker 1: decisions on Trump's economic picks, even as he rushes to

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Speaker 1: film many other posts in his incoming administration. Musk sat

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Speaker 1: on his social media platform x that he saw the

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Speaker 1: counter Fitzgerald CEO as a disruptor compared to Key Square

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Speaker 1: Group founder Scott Bessant, another contender for the position, who

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Speaker 1: met with Trump on Freddie. Allies of both Bessent and

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Speaker 1: Lutnik have been lobbying and calls to Trump, which is

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Speaker 1: creating tension and increasing the chance that another candidate rises

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Speaker 1: up this according to people familiar with the decision making.

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Speaker 1: Canadian Prime Minister Justin Trudeau gave support to the decision

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Speaker 1: by German Chancellor Ulof Schultz to speak directly with Vladimir

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Speaker 1: Putin on Freddie, saying that ending the war will require

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Speaker 1: some engagement with Russia's president. Schultz's call with Putin angered

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Speaker 1: Ukrainian President Vladimir Zelenski, who said in a video address

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Speaker 1: that Russia deserves isolation and the phone call was exactly

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Speaker 1: what Putin wanted for a long time. Bloomberg News reported

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Speaker 1: some European officials also disagreed with Schultz's decision, arguing it

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Speaker 1: shows weakness and will have little effect on Putin. The

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Speaker 1: Biden administration is apparently weighing curbs on fossil fuels that

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Speaker 1: could outlast President to like Trump. We get more in

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Speaker 1: that from Bloomberg's Denise Pellegrini.

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Speaker 2: We're sharing the Biden administration is weighing a last ditch

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Speaker 2: push for an international agreement that would restrict financial support

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Speaker 2: for foreign oil and guess. Negotiations among members of the

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Speaker 2: Organization for Economic Cooperation and Development start Monday, and an

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Speaker 2: issue is a proposal by European nations to expand an

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Speaker 2: existing three year old ban on Export Credit Agency support

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Speaker 2: for unobated coal fire power plants. The EU wants export

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Speaker 2: Credit Agency financing like loans and guarantees, to be off

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Speaker 2: limits for most oil and gas projects. The disagreements among

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Speaker 2: US officials and the US Export Import Bank over the

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Speaker 2: best approach has until now stalled action on this matter.

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Speaker 2: Denise Pellgreny Bloomberg Radio.

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Speaker 1: Republican Speaker of the House Mike Johnson is urging the

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Speaker 1: House Ethics Committee to keep secret its findings on alleged

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Speaker 1: sexual and other misconduct by former House member Matt Gates.

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Speaker 1: President to like Trump's choice for Attorney General, Bloomberg Scott Carr.

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Speaker 3: Has more, even some members of Trump's own party have

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Speaker 3: been wary of approving Gates as the nation's chief law

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Speaker 3: enforcement officer. Senators from both sides of the aisle continue

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Speaker 3: to press for the results of the investigation by a

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Speaker 3: House Ethics panel into the allegations that Gates engaged in

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Speaker 3: sexual misconduct, took illicit drugs, and accepted improper gifts to

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Speaker 3: be released at least to them prior to any Senate

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Speaker 3: confirmation hearings. Speaker Johnson says giving in to calls to

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Speaker 3: release the report would open a Pandora's box, setting a

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Speaker 3: precedent for disclosing potentially derogatory information on former members of Congress.

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Speaker 3: Gates has denied the allegations. In Washington, Scott car Bloomberg Radio.

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Speaker 1: The utility Energy is in talks with some of its

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Speaker 1: biggest customers about deploying small nuclear reactors as electricity demand

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Speaker 1: searches from factories and artificial intelligence data centers. We get

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Speaker 1: more of that with Bloomberg's Charlie Pellett.

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Speaker 4: That word from CEO Drew Marsh, who was interviewed at

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Speaker 4: Bloomberg headquarters. The utility, which serves a heavily industrialized portion

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Speaker 4: of the Gulf Coast, owns four large scale nuclear plants

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Speaker 4: and is considering upgrades to them that would together generate

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Speaker 4: perhaps another four hundred megawatts of electricity. But Marsh says

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Speaker 4: the cost of developing new nuclear power plants is too

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Speaker 4: great for Louisiana based Energy to finance on its own.

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Speaker 4: He says energies industrial and Technology. Customers are interested in

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Speaker 4: nuclear power, and the company has discussed with them the

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Speaker 4: possibility of using small modular reactors, which several startups are

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Speaker 4: trying to bring to market in New York. Charlie Pellett

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Speaker 4: Bloomberg Radio.

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Speaker 1: Bella Corolli, the charismatic if polarizing gymnastics coach you turned

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Speaker 1: young women into champions and the United States into an

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Speaker 1: international power, has died. He was eighty two. USA Gymnastics

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Speaker 1: said Coroli died Friday. No cause of death was given.

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Speaker 1: The country is producing millions of small, lightweight drones, but

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Speaker 1: Kiev has a limited budget to buy them. Above Ukraine,

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Speaker 1: a sky full of drones is changing the war. You

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Speaker 1: can read all about it in Bloomberg's weekend edition, exploring

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Speaker 1: the places where finance, life and culture meet. Fight it

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Speaker 1: now on Bloomberg dot Com at the Bloomberg Business app.

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Speaker 1: That's news when you want it with Bloomberg News Now.

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Speaker 1: I made Kalais and this is Bloomberg