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

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Speaker 1: Doug Chrisner. President Elect Trump is in full transition mode.

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Speaker 1: He announced a number of cabinet picks on Monday, and

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Speaker 1: now we're hearing that Trump is expected to name former

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Speaker 1: Florida Senator Marco Rubio as his Secretary of State. Trump

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Speaker 1: also selected Florida Representative Mike Walls as his National Security advisor.

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Speaker 1: Longtime Trump advisor Stephen Miller has been tapped as Deputy

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Speaker 1: Chief of Policy, and New York Congresswoman Elis Stefanik has

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Speaker 1: been selected as UN Ambassador. Trump also named former Acting

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Speaker 1: Ice Director Tom Hohman as Borders are Homan was the

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Speaker 1: public face during the first Trump administration of the zero

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Speaker 1: tolerance immigration policy, and former New York Congressman Lee Zelden

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Speaker 1: has been tapped to serve as administrator of the EPA.

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Speaker 1: The GOP appears to be completely united behind the President elect.

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Speaker 1: Anthony Scaramucci of Skybridge Capital says this will make it

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Speaker 1: easier for Trump to set his agenda. On day one.

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Speaker 2: They'll probably have reams of things that the President will

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Speaker 2: sign on that day and in the first week in

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Speaker 2: the White House, some executive orders that probably tighten the border,

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Speaker 2: some executive orders that will provide greater clarity on things

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Speaker 2: like the regulation of crypto energy drilling, etc.

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Speaker 1: That is Anthony's Karamucci of Skybridge Capital. And as the

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Speaker 1: President elect's transition team begins shaping his second administration, Project

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Speaker 1: twenty twenty five is back in the spotlight. The plan

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Speaker 1: was spearheaded by the conservative Heritage Foundation. It's an extensive

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Speaker 1: plan for reshaping the US government. Kevin Roberts is the

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Speaker 1: president of the Heritage Foundation and the leader of Project

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Speaker 1: twenty twenty five. He says the plan is meant to

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Speaker 1: be of service to the incoming administration.

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Speaker 3: The President elect and Vice President elect, with whom we

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Speaker 3: maintain great relationships, will also understand that it's the policymaking

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Speaker 3: season that Heritage and all of the other groups are

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Speaker 3: a part of our project are built for. And if

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Speaker 3: they're looking, for example, as President Frump said this morning,

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Speaker 3: to dismantle the US Department of Education, we know exactly

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Speaker 3: where he can go for that plan. Totally up to

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Speaker 3: him about whether he uses the plant.

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Speaker 1: That is, Kevin Roberts of the Heritage Foundation. Now, Project

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Speaker 1: twenty twenty five echoes many of the positions Trump took

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Speaker 1: during his campaign, and a number of people close to

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Speaker 1: him were deeply involved in that effort.

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Speaker 4: We go to the.

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Speaker 1: Middle East next, where Israel says there was progress and

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Speaker 1: talks about an Elebanon ceasefire. The Israeli government also indicated

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Speaker 1: Russia could play a part in stopping Hesbelah re arming

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Speaker 1: through Syria, although the Iran back group said it had

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Speaker 1: not received any new truce proposals. In Jerusalem, Israeli Foreign

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Speaker 1: Minister Gideon Saher said the war against Hesbela was not

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Speaker 1: yet over.

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Speaker 3: The Russians are, as you know, present in Syria and

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Speaker 3: they are.

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Speaker 4: Gree with this principle.

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Speaker 5: I think they can contribute to achieve effect that is subjective.

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Speaker 1: That is Israeli Foreign Minister Gideon sar Meantime on social media,

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Speaker 1: the US Central Command saying its forces conducted strikes against

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Speaker 1: nine targets in two locations in Syria associated with Iranian

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Speaker 1: groups that happened earlier today. The strikes were made in

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Speaker 1: response to several attacks on US personnel in Syria over

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Speaker 1: the last twenty four hours. Onto the financial markets next

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Speaker 1: and Bitcoin, which climbed above eighty nine thousand today for

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Speaker 1: the first time the cryptocurrency has been boosted by President

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Speaker 1: elect Trump's embrace of digital assets, as well as the

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Speaker 1: prospect of a Congress featuring some pro crypto lawmakers. We

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Speaker 1: got reaction from Gregory Halter, director of the Carnegie Investment Council.

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Speaker 5: The potential for less regulation from the new administration, maybe

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Speaker 5: some sort of stockpile of bitcoin by the US, potentially

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Speaker 5: maybe some central banks buying there as well.

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Speaker 1: That is Gregory Halter, director of the Carnegie Investment Council. Now,

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Speaker 1: the digital asset industry spent over one hundred million dollars

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Speaker 1: backing crypto friendly candidates. We go to Japan next, where

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Speaker 1: Prime Minister Shiguru Ishiba won the backing from the Japanese

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Speaker 1: parliament to stay in that PM leadership role, and after

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Speaker 1: the win, Ishiba pledged financial support for Japan's semiconductor and

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Speaker 1: artificial intelligence industries. We have more from Bloomberg's Joan Wong

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Speaker 1: in Hong Kong.

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Speaker 4: Ishaba said he hoped for eight worth roughly sixty five

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Speaker 4: billion dollars. He said, we'll serve as a catalyst for

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Speaker 4: both public and private investment. Ishaba said he wanted to

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Speaker 4: spread regional revitalization across Japan. Ishaba said he would explore

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Speaker 4: funding options, but he ruled out deficit financing bonds. In

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Speaker 4: previous budgets, Japan earmarked about twenty six billion dollars to

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Speaker 4: revive his chip sector. That included nearly six billion for

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Speaker 4: rapids in Hokaido. Rapidus is now aiming to mass produce

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Speaker 4: advanced logic chips by twenty twenty seven. In Hong Kong,

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Speaker 4: Juan Wang Bloomberg Radio, and that is.

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Speaker 1: New when you want it with Bloomberg News. Now I'm

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Speaker 1: Doug prisoner and this is Bloomberg