1 00:00:02,520 --> 00:00:07,040 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,960 --> 00:00:13,160 Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here 3 00:00:13,160 --> 00:00:14,920 Speaker 2: are the stories we're following today. 4 00:00:16,800 --> 00:00:19,360 Speaker 3: Karen, we begin this morning with the latest noun President 5 00:00:19,400 --> 00:00:24,560 Speaker 3: Donald Trump's immigration crackdown, this time in Chicago. Federal agents 6 00:00:24,600 --> 00:00:27,720 Speaker 3: are stepping up enforcement in democratic run cities that the 7 00:00:27,720 --> 00:00:30,920 Speaker 3: White House says are suffering from ramp and crime and disorder. 8 00:00:31,360 --> 00:00:35,520 Speaker 3: The Department of Homeland Security says Operation Midway Blitz has 9 00:00:35,560 --> 00:00:39,120 Speaker 3: begun in Chicago and other parts of Illinois, targeting what 10 00:00:39,159 --> 00:00:43,080 Speaker 3: the agency calls criminal illegal aliens. President Trump says by 11 00:00:43,080 --> 00:00:46,800 Speaker 3: bringing in the military, his administration saved Los Angeles. Now, 12 00:00:46,840 --> 00:00:49,200 Speaker 3: he says he wants to straighten out Chicago. 13 00:00:49,800 --> 00:00:52,199 Speaker 4: Los Angeles was a mess. If we didn't send our 14 00:00:52,240 --> 00:00:56,000 Speaker 4: troops in, Gavin Newscomb, would have had a real problem. 15 00:00:56,960 --> 00:00:59,560 Speaker 4: We sent our troops, as the head police officer, the 16 00:00:59,600 --> 00:01:02,720 Speaker 4: toperson said, we could have never done this alone. We 17 00:01:02,800 --> 00:01:04,959 Speaker 4: sent our troops right in at the beginning, and we 18 00:01:05,120 --> 00:01:05,520 Speaker 4: killed it. 19 00:01:06,160 --> 00:01:08,399 Speaker 5: And it was nasty, but we killed it. 20 00:01:08,680 --> 00:01:11,840 Speaker 3: The President Trump has threatened to send the National Guard 21 00:01:12,040 --> 00:01:15,240 Speaker 3: to Chicago, but has yet to do so. Democratic leaders, 22 00:01:15,280 --> 00:01:19,120 Speaker 3: including Illinois Governor j B. Pritzker, Chicago Mayor Brandon Johnson, 23 00:01:19,240 --> 00:01:22,440 Speaker 3: and Senators Dick Durbin and Tammy Duckworth have attacked the 24 00:01:22,440 --> 00:01:24,080 Speaker 3: president's actions and rhetoric. 25 00:01:24,680 --> 00:01:27,399 Speaker 2: Meanwhile, Nathan, a major Supreme Court ruling is backing the 26 00:01:27,440 --> 00:01:31,840 Speaker 2: president's immigration enforcement efforts. The High Court is allowing federal 27 00:01:31,880 --> 00:01:35,119 Speaker 2: agents in Los Angeles to resume tactics that critics say 28 00:01:35,360 --> 00:01:38,920 Speaker 2: amount to racial profiling. The court put a federal district 29 00:01:38,920 --> 00:01:42,399 Speaker 2: court order on hold that barred immigration and Customs enforcement 30 00:01:42,400 --> 00:01:47,440 Speaker 2: agents from questioning and detaining people based solely on their ethnicity, language, occupation, 31 00:01:47,600 --> 00:01:51,200 Speaker 2: or presidence at a particular location. Los Angeles Mayor Karen 32 00:01:51,280 --> 00:01:52,760 Speaker 2: Bass criticized the ruling. 33 00:01:53,200 --> 00:01:56,600 Speaker 6: Let me make this very clear for the press and 34 00:01:56,680 --> 00:02:01,280 Speaker 6: to our country that we will not allow the Supreme 35 00:02:01,320 --> 00:02:04,040 Speaker 6: Court or anyone to divide us. 36 00:02:04,680 --> 00:02:06,600 Speaker 7: And Los Angeles Mayor Karen Bash. 37 00:02:06,640 --> 00:02:10,519 Speaker 2: A Supreme Court's decision will apply while the legal fight continues. 38 00:02:11,000 --> 00:02:15,600 Speaker 2: Justice Brett Kavanaugh wrote that apparent ethnicity alone cannot furnish 39 00:02:15,680 --> 00:02:20,440 Speaker 2: reasonable suspicion, but can be a relevant factor when considered 40 00:02:20,480 --> 00:02:21,760 Speaker 2: with other factors, and. 41 00:02:21,760 --> 00:02:24,920 Speaker 3: In another Supreme Court ruling, Karen, Chief Justice John Roberts 42 00:02:25,000 --> 00:02:28,480 Speaker 3: is allowing President Trump to temporarily oust a Democratic member 43 00:02:28,520 --> 00:02:31,120 Speaker 3: of the Federal Trade Commission. It's a signal that the 44 00:02:31,160 --> 00:02:33,560 Speaker 3: court is likely to back the president's bid to ascertain 45 00:02:33,600 --> 00:02:36,800 Speaker 3: control over the independent agency. Roberts set a deadline of 46 00:02:36,840 --> 00:02:40,320 Speaker 3: September fifteenth for Rebecca Kelly Slaughter's lawyers to respond to 47 00:02:40,360 --> 00:02:42,880 Speaker 3: the Justice Department's request to keep her out of her job. 48 00:02:42,919 --> 00:02:44,720 Speaker 5: While the legal fight plays out. 49 00:02:44,800 --> 00:02:47,480 Speaker 3: The Trump administration is asking the Supreme Court to grant 50 00:02:47,520 --> 00:02:51,360 Speaker 3: full review and consider overturning a nineteen thirty five president 51 00:02:51,360 --> 00:02:54,480 Speaker 3: that let Congress set up independent agencies and shield their 52 00:02:54,520 --> 00:02:55,640 Speaker 3: leaders from being fired. 53 00:02:56,280 --> 00:02:56,880 Speaker 7: Nathan House. 54 00:02:56,880 --> 00:03:00,239 Speaker 2: Democrats are looking to keep political pressure on President and 55 00:03:00,280 --> 00:03:03,440 Speaker 2: the Jeffrey Epstein case. The Democrats have released an alleged 56 00:03:03,480 --> 00:03:06,120 Speaker 2: birthday note that they say President Trump sent to the 57 00:03:06,120 --> 00:03:09,320 Speaker 2: convicted sex offender as part of a book to celebrate 58 00:03:09,320 --> 00:03:12,840 Speaker 2: his fiftieth birthday in two thousand and three. The note 59 00:03:12,840 --> 00:03:16,120 Speaker 2: includes his sign off quote, may every day be another 60 00:03:16,280 --> 00:03:20,240 Speaker 2: wonderful secret, complete with the sketched outline of a woman's body. 61 00:03:20,520 --> 00:03:23,560 Speaker 2: The President has denied composing the message or that the 62 00:03:23,600 --> 00:03:27,560 Speaker 2: note existed. Bloomberg's Wendy Benjaminson explains some of the arguments 63 00:03:27,600 --> 00:03:29,560 Speaker 2: about whether or not the leather is real. 64 00:03:29,960 --> 00:03:32,320 Speaker 8: Let's also just remember it to be fair that when 65 00:03:32,320 --> 00:03:35,080 Speaker 8: the Epstein victims had that news conference I think it 66 00:03:35,080 --> 00:03:38,800 Speaker 8: was last week on the Capitol steps, they did say 67 00:03:38,800 --> 00:03:43,600 Speaker 8: they didn't see Donald Trump do anything untoured or inappropriate 68 00:03:43,840 --> 00:03:49,720 Speaker 8: when they saw him. But writing the birthday card, it looks, 69 00:03:49,880 --> 00:03:52,560 Speaker 8: I mean, everything seems to point to the fact that 70 00:03:52,560 --> 00:03:53,640 Speaker 8: Donald Trump did write that. 71 00:03:54,200 --> 00:03:58,440 Speaker 2: Bloomberg's Wendy Benjaminson says survivors of sexual abuse by Jeffrey 72 00:03:58,440 --> 00:04:00,960 Speaker 2: Epstein or calling on Congress to release all. 73 00:04:00,800 --> 00:04:02,200 Speaker 7: Files related to the case. 74 00:04:02,520 --> 00:04:05,560 Speaker 2: President Trump sued the Wall Street Journal's reporters, publisher, and 75 00:04:05,720 --> 00:04:09,000 Speaker 2: founder after the existence of the letter was initially reported. 76 00:04:09,040 --> 00:04:09,480 Speaker 7: In July. 77 00:04:09,960 --> 00:04:14,560 Speaker 3: Got some new developments in the Israel Hmas war. Karen 78 00:04:14,720 --> 00:04:18,559 Speaker 3: Israel has ordered Gaza City's one million residents to leave 79 00:04:19,080 --> 00:04:22,920 Speaker 3: in advance of a major military offensive. Top officials are 80 00:04:23,000 --> 00:04:28,120 Speaker 3: vowing devastation unless Iran Bachhamas surrenders. In a post on x, 81 00:04:28,240 --> 00:04:31,400 Speaker 3: Israeli Prime Minister Benjamin NATANYAHUO wrote quote, I am taking 82 00:04:31,400 --> 00:04:34,159 Speaker 3: this opportunity to say to the residents of Gaza City, 83 00:04:34,240 --> 00:04:37,360 Speaker 3: listen to me carefully. You have been warned get out 84 00:04:37,400 --> 00:04:40,520 Speaker 3: of there end quote. It's not immediately clear when the 85 00:04:40,560 --> 00:04:41,839 Speaker 3: full assault will begin. 86 00:04:42,240 --> 00:04:45,240 Speaker 2: Well, Nathan and France President Emmanuel Macron is searching for 87 00:04:45,279 --> 00:04:47,760 Speaker 2: a new prime minister for the fifth time in less 88 00:04:47,760 --> 00:04:51,000 Speaker 2: than two years, after Francois Beyiru lost a confidence vote 89 00:04:51,040 --> 00:04:54,640 Speaker 2: in Parliament. The outgoing premiere is presenting his resignation to 90 00:04:54,640 --> 00:04:57,479 Speaker 2: the President this morning after failing to win support for 91 00:04:57,520 --> 00:05:00,400 Speaker 2: his deficit cutting plans. Beiru had a mind message for 92 00:05:00,440 --> 00:05:01,440 Speaker 2: Parliament yesterday. 93 00:05:01,800 --> 00:05:04,320 Speaker 9: Ladies and gentlemen of the Assembly, you have the power 94 00:05:04,360 --> 00:05:06,680 Speaker 9: to overturn the government, but you do not have the 95 00:05:06,720 --> 00:05:09,880 Speaker 9: power to erase reality. The expenses will continue to increase 96 00:05:09,920 --> 00:05:12,120 Speaker 9: even more in the enormity of the debt, which is 97 00:05:12,160 --> 00:05:15,359 Speaker 9: already unbearable, will get heavier and heavier and more expensive. 98 00:05:16,040 --> 00:05:19,920 Speaker 2: Going French Prime Minister Francois Bayrous, speaking through an interpreter. 99 00:05:20,160 --> 00:05:23,600 Speaker 2: Market reaction has been muted as investors expected the downfall 100 00:05:23,680 --> 00:05:27,000 Speaker 2: of the government. President mccraln says he'll appoint a new 101 00:05:27,000 --> 00:05:28,599 Speaker 2: premier in the coming days. 102 00:05:28,760 --> 00:05:31,200 Speaker 5: Well, it's turned to US markets now, Karen. 103 00:05:31,279 --> 00:05:34,000 Speaker 3: With the S and P five hundred hovering near record levels, 104 00:05:34,040 --> 00:05:38,200 Speaker 3: the trader's focus turns to the labor market and inflation data. 105 00:05:38,720 --> 00:05:41,720 Speaker 5: Bloomberg's John Tucker's here with more. Good morning John, and 106 00:05:41,760 --> 00:05:42,560 Speaker 5: good morning Nathan. 107 00:05:42,760 --> 00:05:45,640 Speaker 10: At ten o'clock Wall Street Time, the Labor Department issues 108 00:05:45,680 --> 00:05:49,960 Speaker 10: the benchmark payrolls revision. Now economists expected to show the 109 00:05:50,000 --> 00:05:53,440 Speaker 10: March payrolls count was almost eight hundred thousand less than 110 00:05:53,520 --> 00:05:57,520 Speaker 10: currently estimated, with some saying that downgrade could be closer 111 00:05:57,560 --> 00:06:00,839 Speaker 10: to a million jobs. Lauren Goodwin, New York Life says 112 00:06:00,839 --> 00:06:03,520 Speaker 10: a weaker job market is enough of a reason to 113 00:06:03,560 --> 00:06:04,839 Speaker 10: move the Fed next week. 114 00:06:05,200 --> 00:06:09,080 Speaker 11: There's just enough evidence to the downside on the labor 115 00:06:09,120 --> 00:06:11,200 Speaker 11: market that I think an insurance cut in every way 116 00:06:11,279 --> 00:06:12,599 Speaker 11: is probably a good idea. 117 00:06:12,839 --> 00:06:15,000 Speaker 10: Well, then that's the other side of the Fed's mandate 118 00:06:15,120 --> 00:06:18,119 Speaker 10: controlling inflation. Tomorrow, we're going to get the producer price 119 00:06:18,160 --> 00:06:21,640 Speaker 10: index that's followed by the consumer price Index on Thursday, 120 00:06:21,839 --> 00:06:26,280 Speaker 10: and Bloomberg Economics expense headline CPI to run hot. That 121 00:06:26,279 --> 00:06:29,080 Speaker 10: could throw cold water on the idea of a larger 122 00:06:29,160 --> 00:06:31,400 Speaker 10: rate cut by the Fed and in turn keep a 123 00:06:31,440 --> 00:06:32,720 Speaker 10: lid on stocks. 124 00:06:33,200 --> 00:06:35,159 Speaker 12: You know, New York. I'm John Tucker, Bloomberg Radio. 125 00:06:35,560 --> 00:06:37,600 Speaker 2: All right, John, thank you, and I not in the 126 00:06:37,680 --> 00:06:41,680 Speaker 2: Fed this morning. Whinehouse Economic advisor Stephen Myron's nomination as 127 00:06:41,720 --> 00:06:44,919 Speaker 2: a Federaliserve governor has been scheduled for a Senate committee 128 00:06:45,000 --> 00:06:47,560 Speaker 2: vote tomorrow. The full Senate is likely to vote on 129 00:06:47,640 --> 00:06:50,799 Speaker 2: confirming Myron September fifteenth, just a day before the Federal 130 00:06:50,839 --> 00:06:54,600 Speaker 2: Open Market Committee meets. The FOMC meets on September sixteenth 131 00:06:54,600 --> 00:06:57,000 Speaker 2: and seventeenth, and is expected to cut rates for the 132 00:06:57,040 --> 00:06:59,920 Speaker 2: first time since December on weakening job growth. 133 00:07:00,080 --> 00:07:03,039 Speaker 3: Yeah, a lot of focus for investors on the Fed 134 00:07:03,160 --> 00:07:07,359 Speaker 3: Karen as well as on Apple, with a very closely 135 00:07:07,400 --> 00:07:10,800 Speaker 3: watched product launch expected today. We get the very latest 136 00:07:10,800 --> 00:07:12,440 Speaker 3: from Bloomberg's Charlie Pellett. 137 00:07:12,640 --> 00:07:17,080 Speaker 13: Apple is expected to introduce its iPhone seventeen lineup, upgraded 138 00:07:17,160 --> 00:07:20,480 Speaker 13: versions of the Apple Watch and Vision Pro headset, but 139 00:07:20,600 --> 00:07:23,400 Speaker 13: such updates may not be enough to juice growth that 140 00:07:23,480 --> 00:07:27,680 Speaker 13: has long trailed peers. Tony Wong is co portfolio managera 141 00:07:27,800 --> 00:07:28,640 Speaker 13: t row Price. 142 00:07:28,840 --> 00:07:31,000 Speaker 2: I need the market is going to be excited about 143 00:07:31,040 --> 00:07:34,560 Speaker 2: something that's news, that's different, and I think that performance 144 00:07:34,600 --> 00:07:36,520 Speaker 2: is probleming. What the mark were also look at in 145 00:07:36,640 --> 00:07:38,640 Speaker 2: terms of the camera, the battery. 146 00:07:38,520 --> 00:07:41,560 Speaker 13: The Apple event, Who's scheduled for one o'clock Wall Street time. 147 00:07:41,880 --> 00:07:45,280 Speaker 13: So far this year, Apple stock is down five percent 148 00:07:45,680 --> 00:07:48,640 Speaker 13: in New York Charlie Pellett Bloomberg Radio, all. 149 00:07:48,600 --> 00:07:50,800 Speaker 3: Right, Charlie, thank you, and in the pre market, Apple 150 00:07:50,840 --> 00:07:52,760 Speaker 3: shares her down about another quarter percent. 151 00:07:53,680 --> 00:07:57,120 Speaker 2: And finally, Nathan Rupert Murdoch and his children resolved a 152 00:07:57,200 --> 00:08:00,960 Speaker 2: family feud with a settlement that gives Lachlan Murdoch broad 153 00:08:01,040 --> 00:08:04,040 Speaker 2: control of the media empire. Lachlan will become the sole 154 00:08:04,080 --> 00:08:07,200 Speaker 2: beneficiary of the trust and controls Fox Corp. 155 00:08:07,280 --> 00:08:08,080 Speaker 7: And News Corp. 156 00:08:08,200 --> 00:08:11,920 Speaker 2: While Prudence, Elizabeth and James will see their stake and 157 00:08:12,000 --> 00:08:14,360 Speaker 2: receive one point one billion dollars each. 158 00:08:17,800 --> 00:08:18,000 Speaker 4: Time. 159 00:08:18,040 --> 00:08:19,560 Speaker 2: Now for a look at some of the other stories 160 00:08:19,560 --> 00:08:21,440 Speaker 2: making news in New York and around the world. For 161 00:08:21,560 --> 00:08:24,680 Speaker 2: that were joined by Bloomberg's Michael Barr Michael, Good Morning. 162 00:08:24,520 --> 00:08:26,840 Speaker 14: Good Morning Care, and a rough start to the federal 163 00:08:26,880 --> 00:08:29,600 Speaker 14: trial of the man accused of attempting to kill President 164 00:08:29,600 --> 00:08:33,200 Speaker 14: Trump during his campaign for reelection last year. Fifty nine 165 00:08:33,280 --> 00:08:36,680 Speaker 14: year old Ryan Ruth from North Carolina is representing himself 166 00:08:37,040 --> 00:08:40,840 Speaker 14: as Jerry's selection begins, and some of Ruth's requests have 167 00:08:40,920 --> 00:08:44,840 Speaker 14: been unusual. According to court filings. Ruth had asked to 168 00:08:45,280 --> 00:08:48,280 Speaker 14: compete for his life in a round of golf with 169 00:08:48,440 --> 00:08:51,880 Speaker 14: the President instead of going to trial. At times, while 170 00:08:51,960 --> 00:08:55,360 Speaker 14: Ruth questioned jurors, Judge Aileen Kennon cut him off and 171 00:08:55,440 --> 00:08:56,280 Speaker 14: reminded him. 172 00:08:56,120 --> 00:08:57,560 Speaker 12: To follow the court's rules. 173 00:08:57,920 --> 00:09:01,720 Speaker 14: President Trump said he created a Department of Justice task 174 00:09:01,840 --> 00:09:05,400 Speaker 14: force to eradicate anti Christian bias. 175 00:09:05,920 --> 00:09:08,800 Speaker 4: There is a tremendous anti Christian bias. We don't hear 176 00:09:08,800 --> 00:09:10,640 Speaker 4: about it. We don't think about it. Do you hear 177 00:09:10,679 --> 00:09:14,360 Speaker 4: about anti Semitic? But you don't hear about anti Christian. 178 00:09:14,520 --> 00:09:18,000 Speaker 4: You have a strong anti Christian bias. But we're ending 179 00:09:18,040 --> 00:09:19,520 Speaker 4: then rapidly, I will tell you. 180 00:09:20,200 --> 00:09:23,840 Speaker 14: President Trump delivered remarks to the White House Religious Liberty 181 00:09:23,840 --> 00:09:29,240 Speaker 14: Commission and Immigration attorney says many South Korean workers detained 182 00:09:29,280 --> 00:09:32,080 Speaker 14: in an ice ray at a Hyundai plan in Georgia. 183 00:09:32,480 --> 00:09:36,280 Speaker 14: We're brought in for highly specialized work that Americans aren't 184 00:09:36,280 --> 00:09:39,800 Speaker 14: trained to perform. He represents four South Koreans who were 185 00:09:39,840 --> 00:09:42,600 Speaker 14: among four hundred and seventy five workers rounded up in 186 00:09:42,640 --> 00:09:45,640 Speaker 14: the raid last week west of Samanna. They include three 187 00:09:45,679 --> 00:09:50,520 Speaker 14: hundred North Korean nationals South Korean nationals, and are said 188 00:09:50,559 --> 00:09:54,120 Speaker 14: to have come for short term jobs. Installing equipment for 189 00:09:54,240 --> 00:09:58,280 Speaker 14: producing electric vehicle batteries for our listeners on ninety two 190 00:09:58,360 --> 00:10:03,360 Speaker 14: nine FM in Bostonminary election Day. Voters will cast ballots 191 00:10:03,480 --> 00:10:07,640 Speaker 14: today to narrow the field for mayoral and city council 192 00:10:07,760 --> 00:10:11,760 Speaker 14: races ahead of the November fourth general election. Mayor Michelle 193 00:10:11,760 --> 00:10:14,920 Speaker 14: bou the incumbent, enters the preliminary with a huge lead 194 00:10:14,960 --> 00:10:17,840 Speaker 14: in the polls. In New York City, late polls showed 195 00:10:17,920 --> 00:10:21,160 Speaker 14: Democrat Zoron Mamdani holds a big lead in the mayoral 196 00:10:21,280 --> 00:10:25,439 Speaker 14: race that includes over former Governor Andrew Cuomo and current mayor. 197 00:10:25,520 --> 00:10:29,800 Speaker 14: Air academs and encouraging development and organ transplants could eventually 198 00:10:29,880 --> 00:10:34,640 Speaker 14: shorten some patients wait for donor organs. Doctors at Mass 199 00:10:34,720 --> 00:10:38,360 Speaker 14: General in Boston say they have successfully performed three separate 200 00:10:38,400 --> 00:10:42,360 Speaker 14: transplants of pig kidneys into humans and now the FDA 201 00:10:42,520 --> 00:10:45,760 Speaker 14: is giving the green light for a clinical trial. Doctor 202 00:10:45,920 --> 00:10:47,679 Speaker 14: Leonardo Riella, we. 203 00:10:47,679 --> 00:10:50,880 Speaker 4: Know the best treatment for these patients, but we are 204 00:10:50,920 --> 00:10:52,720 Speaker 4: stuck because of the organ shortage. 205 00:10:52,800 --> 00:10:55,120 Speaker 14: Global news twenty four hours a day and whenever you 206 00:10:55,160 --> 00:10:56,320 Speaker 14: want it with the Bloomberg News. 207 00:10:56,320 --> 00:10:58,000 Speaker 12: Now, I'm Michael Barron, this is Bloomberg. 208 00:10:58,040 --> 00:10:58,319 Speaker 14: Karen. 209 00:10:59,080 --> 00:11:02,440 Speaker 2: Thanks Michael, I'm now for our Bloomberg Sports update, and 210 00:11:02,440 --> 00:11:05,240 Speaker 2: for that we bring in John stashauerd. 211 00:11:04,600 --> 00:11:05,880 Speaker 5: Thanks Karen Buther Night Football. 212 00:11:05,920 --> 00:11:09,160 Speaker 15: The wrap up Week one an NFC North game in Chicago, 213 00:11:09,280 --> 00:11:11,880 Speaker 15: and the Bears got a seventy six yard pick six 214 00:11:11,920 --> 00:11:14,080 Speaker 15: in the third quarter, took a seventeen to six lead 215 00:11:14,120 --> 00:11:16,800 Speaker 15: in the fourth quarter when the Vikings came alive under 216 00:11:16,800 --> 00:11:20,080 Speaker 15: their new quarterback JJ McCarthy. Two TV passes then a 217 00:11:20,080 --> 00:11:22,000 Speaker 15: touchdown run in a nine and a half minute stretch 218 00:11:22,080 --> 00:11:25,560 Speaker 15: Minnesota one, twenty seven to twenty four. The Phillies shut 219 00:11:25,559 --> 00:11:27,880 Speaker 15: out the Mets one nothing. They're dealing with injuries. Their 220 00:11:27,880 --> 00:11:31,480 Speaker 15: shortstop Trade Turner has a hamstring strain, third baseman alec 221 00:11:31,520 --> 00:11:34,160 Speaker 15: Bone a shoulder injury. They both may miss the rest 222 00:11:34,200 --> 00:11:36,240 Speaker 15: of the regular season. That's a Bloomberg Sports update. 223 00:11:37,720 --> 00:11:40,600 Speaker 7: Stay with us. More from Bloomberg day Break coming up 224 00:11:40,800 --> 00:11:41,360 Speaker 7: after this. 225 00:11:45,520 --> 00:11:49,679 Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Serious Exam 226 00:11:49,800 --> 00:11:52,640 Speaker 1: and around the world on Bloomberg dot Com and the 227 00:11:52,679 --> 00:11:55,720 Speaker 1: Bloomberg Business Out. This is Bloomberg day Break. 228 00:11:55,840 --> 00:11:57,040 Speaker 5: Good morning on Nathan Hager. 229 00:11:57,040 --> 00:12:00,280 Speaker 3: The Trump Administration's immigration crackdown appears to have he' ad 230 00:12:00,320 --> 00:12:03,200 Speaker 3: to Chicago with the Department of Homeland Security launching what 231 00:12:03,240 --> 00:12:07,600 Speaker 3: they're calling Operation Midway Blitz, and DHS Secretary Christi Nomes 232 00:12:07,600 --> 00:12:10,080 Speaker 3: says the Windy City won't be the end of it. 233 00:12:10,480 --> 00:12:11,320 Speaker 5: We can run as. 234 00:12:11,240 --> 00:12:13,599 Speaker 2: Many operations every single day as we need to to 235 00:12:13,679 --> 00:12:14,600 Speaker 2: keep America safe. 236 00:12:14,600 --> 00:12:17,240 Speaker 7: So nothing's on bold. Everything is full speed ahead. 237 00:12:17,320 --> 00:12:20,240 Speaker 3: That was Homeland Security Secretary Christi Nomes speaking with reporters 238 00:12:20,240 --> 00:12:23,120 Speaker 3: in the United Kingdom. For more, we're joined by Terry Haines, 239 00:12:23,320 --> 00:12:26,080 Speaker 3: founder of Pangaea Policy, to talk politics this morning. 240 00:12:26,360 --> 00:12:27,200 Speaker 5: Terry, good morning. 241 00:12:27,360 --> 00:12:29,840 Speaker 3: There seems to be little doubt that the president sees 242 00:12:29,920 --> 00:12:32,280 Speaker 3: immigration as a winning issue for him. 243 00:12:32,320 --> 00:12:35,160 Speaker 5: How do you see it? Good morning, Good morning. 244 00:12:36,720 --> 00:12:39,200 Speaker 11: Certainly a winning issue for him politically. It's one of 245 00:12:39,200 --> 00:12:42,400 Speaker 11: the main planks upon which he ran for election and 246 00:12:42,440 --> 00:12:45,800 Speaker 11: he won. People buy and large. It's one of these 247 00:12:45,840 --> 00:12:48,760 Speaker 11: so called eighty twenty issues that people talk about where 248 00:12:49,559 --> 00:12:52,120 Speaker 11: eighty percent of the public back him. But I'm not 249 00:12:52,880 --> 00:12:54,840 Speaker 11: talking about that literally, just you know, it's kind of 250 00:12:54,880 --> 00:13:00,600 Speaker 11: vast majorities, you know, and substantively people want the law 251 00:13:00,640 --> 00:13:04,240 Speaker 11: to be enforced. There's a there's a growing sense that 252 00:13:04,400 --> 00:13:07,240 Speaker 11: there's an increase in lawlessness, number one and number two. 253 00:13:07,280 --> 00:13:10,000 Speaker 11: I think under under underpinning a lot of this is 254 00:13:10,000 --> 00:13:13,280 Speaker 11: the idea that, uh, you know, the country's benefits ought 255 00:13:13,280 --> 00:13:16,640 Speaker 11: to be enjoyed first and foremost by by the citizens 256 00:13:16,640 --> 00:13:19,520 Speaker 11: of the country. And uh and that we need to 257 00:13:19,760 --> 00:13:24,160 Speaker 11: uh to rein in immigration a sentiment which is, you know, 258 00:13:24,200 --> 00:13:27,240 Speaker 11: beyond the United States, it's sweeping the West. 259 00:13:27,280 --> 00:13:31,920 Speaker 3: Frankly, well, when you see crackdowns like what happened in Georgia, 260 00:13:32,160 --> 00:13:36,760 Speaker 3: the Hyundai Plan, hundreds of South Korean immigrants detained, does 261 00:13:36,800 --> 00:13:42,360 Speaker 3: that undercut the President's you know, overriding concern that you know, 262 00:13:43,000 --> 00:13:47,640 Speaker 3: cracking down and immigration will lead to manufacturing boom made 263 00:13:47,679 --> 00:13:48,319 Speaker 3: in the USA. 264 00:13:49,200 --> 00:13:51,280 Speaker 11: Well, there's there a couple of things going on. One 265 00:13:51,440 --> 00:13:55,200 Speaker 11: is the you know, the people. I think people want 266 00:13:55,200 --> 00:13:58,240 Speaker 11: the law enforced, and they substantively they want they want 267 00:13:58,240 --> 00:14:02,000 Speaker 11: immigration control number one, nonumber two. There's a how question. 268 00:14:02,120 --> 00:14:06,480 Speaker 11: The how is uh is I think much less popular, 269 00:14:07,040 --> 00:14:11,040 Speaker 11: much more divisive, and uh and there's and there's a 270 00:14:11,120 --> 00:14:16,040 Speaker 11: lack of understanding on top of that that, uh, you know, 271 00:14:16,120 --> 00:14:20,280 Speaker 11: kind of how immigration fits into the broader the broader workforce. 272 00:14:20,840 --> 00:14:24,400 Speaker 11: And you know, these these are concerns that aren't going 273 00:14:24,480 --> 00:14:26,320 Speaker 11: to be solved in a day. But you can certainly 274 00:14:26,360 --> 00:14:29,920 Speaker 11: see them represented in the polls of the two political parties. 275 00:14:30,240 --> 00:14:33,000 Speaker 3: Just thirty seconds left Terry. But Democrats have been saying that, 276 00:14:33,280 --> 00:14:36,280 Speaker 3: you know, violent crime is down statistically, Why is that 277 00:14:36,400 --> 00:14:37,360 Speaker 3: not working for them? 278 00:14:38,320 --> 00:14:41,320 Speaker 11: It's it's down because you know there's a there's a 279 00:14:41,520 --> 00:14:43,640 Speaker 11: you know you can see it with your own eyes question. 280 00:14:43,960 --> 00:14:47,600 Speaker 11: Uh And the latest cost a lab of many is 281 00:14:47,640 --> 00:14:51,400 Speaker 11: this uh uh Ukrainian immigrant who was murdered on the 282 00:14:51,400 --> 00:14:54,640 Speaker 11: bus with the with video of course, So uh, there's 283 00:14:54,720 --> 00:14:57,880 Speaker 11: that number one. Number two. There has been high crime. 284 00:14:58,000 --> 00:15:01,840 Speaker 11: So the idea that there's there's there's a small downturn 285 00:15:03,040 --> 00:15:05,200 Speaker 11: doesn't help the argument for Democrats. 286 00:15:07,240 --> 00:15:10,640 Speaker 2: This is Bloomberg Daybreak, your morning podcast on the stories 287 00:15:10,720 --> 00:15:13,760 Speaker 2: making news from Wall Street to Washington and beyond. 288 00:15:14,000 --> 00:15:16,400 Speaker 3: Look for us on your podcast feed by six am 289 00:15:16,440 --> 00:15:19,840 Speaker 3: Eastern each morning, on Apple, Spotify, or anywhere else you listen. 290 00:15:20,040 --> 00:15:22,920 Speaker 2: You can also listen live each morning starting at five 291 00:15:22,960 --> 00:15:25,640 Speaker 2: am Wall Street time on Bloomberg eleven three to zero 292 00:15:25,640 --> 00:15:28,560 Speaker 2: in New York, Bloomberg in ninety nine to one in Washington, 293 00:15:28,640 --> 00:15:32,560 Speaker 2: Bloomberg ninety two nine in Boston, and nationwide on Serious 294 00:15:32,760 --> 00:15:34,840 Speaker 2: XM Channel one twenty one. 295 00:15:34,720 --> 00:15:37,440 Speaker 3: Plus listen coast to coast on the Bloomberg Business app 296 00:15:37,480 --> 00:15:40,320 Speaker 3: now with Apple CarPlay and Android auto interfaces. 297 00:15:40,520 --> 00:15:43,560 Speaker 2: And don't forget to subscribe to Bloomberg News Now. It's 298 00:15:43,560 --> 00:15:46,320 Speaker 2: the latest news whenever you want it in five minutes 299 00:15:46,400 --> 00:15:49,520 Speaker 2: or less. Search Bloomberg News Now and your favorite podcast 300 00:15:49,560 --> 00:15:51,800 Speaker 2: platform to stay informed all day long. 301 00:15:52,080 --> 00:15:54,480 Speaker 5: I'm Karen Moscow and I'm Nathan Hager. 302 00:15:54,640 --> 00:15:56,680 Speaker 3: Join us again tomorrow morning for all the news you 303 00:15:56,720 --> 00:15:59,480 Speaker 3: need to start your day right here on Bloomberg Daybreak