1 00:00:00,800 --> 00:00:04,040 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,040 --> 00:00:07,320 Speaker 1: med Kalki. The Trump administration suggested it would issue a 3 00:00:07,360 --> 00:00:10,480 Speaker 1: new policy clarifying that imports of gold bars shouldn't face 4 00:00:10,560 --> 00:00:14,800 Speaker 1: tariffs after US government agency stun traders by formally ruling 5 00:00:14,800 --> 00:00:17,560 Speaker 1: that day'd be subject to duties. A White House official 6 00:00:17,560 --> 00:00:20,400 Speaker 1: told Bloomberg in a written statement, the administration intends to 7 00:00:20,440 --> 00:00:23,480 Speaker 1: post an executive order in the near future to clarify 8 00:00:23,520 --> 00:00:26,439 Speaker 1: what it called misinformation about the tariffing of gold and 9 00:00:26,480 --> 00:00:30,720 Speaker 1: other specialty products. Futures prices on New York's comex pair 10 00:00:30,840 --> 00:00:34,200 Speaker 1: gains and the global benchmark for spot prices in London 11 00:00:34,200 --> 00:00:37,279 Speaker 1: fell after the White House statement. President Trump announced that 12 00:00:37,320 --> 00:00:40,519 Speaker 1: he plans to meet with Russian President Vladimir Putin next 13 00:00:40,600 --> 00:00:44,120 Speaker 1: Friday and Alaska, as the US president looks to brok 14 00:00:44,200 --> 00:00:46,839 Speaker 1: or a ceasefire agreement in hopes of bringing an end 15 00:00:46,840 --> 00:00:49,600 Speaker 1: to the war in Ukraine. Trump wrote in as social 16 00:00:49,600 --> 00:00:53,680 Speaker 1: media post, the highly anticipated meeting between myself as President 17 00:00:53,760 --> 00:00:57,280 Speaker 1: of the United States of America, and President Vladimir Putin 18 00:00:57,320 --> 00:01:00,320 Speaker 1: of Russia will take place next Friday, August fifth, teenth, 19 00:01:00,680 --> 00:01:03,760 Speaker 1: twenty twenty five, in the Great State of Alaska, Further 20 00:01:03,880 --> 00:01:07,240 Speaker 1: details to follow. Earlier Frani, Trump announced his plans to 21 00:01:07,319 --> 00:01:11,320 Speaker 1: hold the meeting during a summit with Armenia and Azerbaijan 22 00:01:11,400 --> 00:01:15,319 Speaker 1: in the White House and indicated Ukrainian President Volodimir Zelenski 23 00:01:15,440 --> 00:01:19,000 Speaker 1: may not be involved. A suspected shooter near the campuses 24 00:01:19,040 --> 00:01:22,000 Speaker 1: of the US Centers for Disease Control and Prevention and 25 00:01:22,080 --> 00:01:25,280 Speaker 1: Emory University is dead and one law enforcement officer has 26 00:01:25,319 --> 00:01:28,759 Speaker 1: died after police responded to reports of an active shooter. 27 00:01:28,880 --> 00:01:32,440 Speaker 1: Frani Police did not specify whether other people were injured. 28 00:01:32,680 --> 00:01:35,120 Speaker 1: Authority said there was no longer a threat to the public. 29 00:01:35,160 --> 00:01:37,679 Speaker 1: Emory University announced in a post on x that the 30 00:01:37,800 --> 00:01:40,440 Speaker 1: shelter in place order on campus had been lifted, but 31 00:01:40,520 --> 00:01:43,319 Speaker 1: asked people to avoid the area. Staff at a nearby 32 00:01:43,400 --> 00:01:46,280 Speaker 1: Delhi said they heard what sounded like a string of gunshots. 33 00:01:46,600 --> 00:01:50,360 Speaker 1: CDC employees said bullets struck the windows of several buildings 34 00:01:50,400 --> 00:01:53,920 Speaker 1: on their campus. Interim Chief Greg Patrick announced the death 35 00:01:53,960 --> 00:01:54,640 Speaker 1: of the officer. 36 00:01:54,760 --> 00:01:58,720 Speaker 2: It's with profound sadness that we announced the loss of 37 00:01:58,760 --> 00:02:00,600 Speaker 2: the life of one of our very own Scout County 38 00:02:00,600 --> 00:02:04,920 Speaker 2: Police officers. This officer responded to the call as he 39 00:02:04,960 --> 00:02:08,280 Speaker 2: did as he was trained to do, and during that incident, 40 00:02:08,680 --> 00:02:12,000 Speaker 2: he received gunfire and he lost his life in this incident. 41 00:02:12,440 --> 00:02:15,680 Speaker 1: The Trump administration is considering selling shares of Fanny May 42 00:02:15,720 --> 00:02:17,720 Speaker 1: and Freddie Mack, and an offering that could start as 43 00:02:17,720 --> 00:02:21,520 Speaker 1: early as this year. This according to senior administration officials, 44 00:02:21,840 --> 00:02:24,960 Speaker 1: the plan could value the government controlled mortgage giants at 45 00:02:25,000 --> 00:02:28,000 Speaker 1: some five hundred billion dollars or more and would involve 46 00:02:28,080 --> 00:02:30,640 Speaker 1: selling between five and fifteen percent of their stock, with 47 00:02:30,680 --> 00:02:34,480 Speaker 1: an offering expected to raise about thirty billion dollars. No 48 00:02:34,600 --> 00:02:37,360 Speaker 1: final decision has been made, and President Trump is still 49 00:02:37,560 --> 00:02:41,480 Speaker 1: weighing his options. The Wall Street Journal earlier reported the news. 50 00:02:41,960 --> 00:02:45,000 Speaker 1: The New York Times reports that, according to a US official, 51 00:02:45,080 --> 00:02:49,320 Speaker 1: Billy Long, a former Republican congressman, will no longer serve 52 00:02:49,360 --> 00:02:52,840 Speaker 1: as the Tax Agency's head. Treasury Secretary Scott Bessant will 53 00:02:52,840 --> 00:02:57,040 Speaker 1: oversee the agency as acting Commissioner. President Trump is removing 54 00:02:57,080 --> 00:03:00,520 Speaker 1: Billy Long from his job leading the IRS less than 55 00:03:00,600 --> 00:03:04,080 Speaker 1: two months after he was confirmed as commissioner. The US 56 00:03:04,160 --> 00:03:08,320 Speaker 1: under President Trump is crafting a confrontational approach towards Latin America, 57 00:03:08,600 --> 00:03:12,559 Speaker 1: which signals a willingness to use military force against drug cartels, 58 00:03:12,880 --> 00:03:16,920 Speaker 1: discarding the Biden administration's preference for carrots over stix to 59 00:03:17,520 --> 00:03:20,560 Speaker 1: cox countries into alignment with the US interests. The New 60 00:03:20,639 --> 00:03:23,520 Speaker 1: York Times reported Friday that the President ordered the Defense 61 00:03:23,560 --> 00:03:27,600 Speaker 1: Department to prepare options to take military action against Latin 62 00:03:27,639 --> 00:03:31,280 Speaker 1: American drug cartels. A US agreement with Mexico to expand 63 00:03:31,280 --> 00:03:34,640 Speaker 1: security cooperation, expected to be signed to the coming weeks, 64 00:03:34,639 --> 00:03:39,360 Speaker 1: would facilitate joint monitoring of criminal organizations by security forces 65 00:03:39,600 --> 00:03:43,520 Speaker 1: and coordination on the border. Authority said Friday they have 66 00:03:43,600 --> 00:03:46,240 Speaker 1: captured dead a man suspected in a shooting at a 67 00:03:46,280 --> 00:03:48,800 Speaker 1: Montana bar that left four people dead and prompted the 68 00:03:48,800 --> 00:03:53,440 Speaker 1: lockdown of a neighborhood. Authority said Friday they have captured 69 00:03:53,480 --> 00:03:56,000 Speaker 1: dead a man suspected and a shooting at a Montana 70 00:03:56,040 --> 00:03:59,080 Speaker 1: bar that left four people dead and prompted the lockdown 71 00:03:59,080 --> 00:04:02,560 Speaker 1: of a neighborhood. Michael Paul Brown was captured seven days 72 00:04:02,600 --> 00:04:06,120 Speaker 1: after the August first shooting at the almar and Anaconda, 73 00:04:06,160 --> 00:04:09,920 Speaker 1: about one hundred miles from Missoula, Montana. Authorities have not 74 00:04:10,000 --> 00:04:12,560 Speaker 1: said what sparked the shooting. Brown lived next door to 75 00:04:12,600 --> 00:04:17,159 Speaker 1: the bar. Homeland Security Secretary Christine Nomes said her efforts 76 00:04:17,200 --> 00:04:19,960 Speaker 1: to curb illegal immigration have been working. 77 00:04:20,200 --> 00:04:22,920 Speaker 3: We have had for three months in a row, zero 78 00:04:23,200 --> 00:04:27,239 Speaker 3: illegal aliens entering the United States. Also, we've been working 79 00:04:27,240 --> 00:04:32,040 Speaker 3: on getting dangerous criminal illegal aliens out of our country, murderers, rapists, 80 00:04:32,240 --> 00:04:35,919 Speaker 3: drug traffickers, human traffickers, removing them from our communities so 81 00:04:35,960 --> 00:04:37,360 Speaker 3: that our families can be safe. 82 00:04:37,120 --> 00:04:41,480 Speaker 1: Again at night, Homeland Security Secretary Christineome. President Trump is 83 00:04:41,520 --> 00:04:45,039 Speaker 1: announcing settlement of the war between Armenia and Azerbaijan, which 84 00:04:45,080 --> 00:04:48,000 Speaker 1: invaded and conquered an enclave where our Medians have lived. 85 00:04:48,400 --> 00:04:51,479 Speaker 1: Former Undersecretary of State Wendy Sherman talked about it in 86 00:04:51,520 --> 00:04:52,560 Speaker 1: a Bloomberg interview. 87 00:04:52,680 --> 00:04:55,320 Speaker 4: It may mean that a transit route will get named 88 00:04:55,360 --> 00:04:59,279 Speaker 4: after President Trump, but it won't really resolve Nagorno Karabach, 89 00:04:59,360 --> 00:05:03,080 Speaker 4: which is at the heart of the conflict between Armenia 90 00:05:03,080 --> 00:05:06,839 Speaker 4: and Iserbaijan. It also will not be something that Russia 91 00:05:07,080 --> 00:05:07,919 Speaker 4: much likes. 92 00:05:08,160 --> 00:05:10,520 Speaker 1: And after one hundred and forty five days doctor the 93 00:05:10,600 --> 00:05:15,359 Speaker 1: International space station SpaceX IS Dragon autonomously undocked from the 94 00:05:15,400 --> 00:05:18,760 Speaker 1: space station at six oh five pm Eastern Friday after 95 00:05:18,800 --> 00:05:21,360 Speaker 1: performing a series of departure burns to move away from 96 00:05:21,360 --> 00:05:26,600 Speaker 1: the space station Dragon conducted multiple orbit lowering maneuvers, jettisoning 97 00:05:26,680 --> 00:05:30,640 Speaker 1: the trunk and will re enter Earth's atmosphere for splashdown 98 00:05:30,640 --> 00:05:34,640 Speaker 1: off the coast of California approximately eight thirty three am 99 00:05:34,760 --> 00:05:38,400 Speaker 1: Pacific time Saturday morning. Friday. Numbers on Wall Street the 100 00:05:38,440 --> 00:05:40,960 Speaker 1: Dow gain two six, Nasdaq was up two oh seven, 101 00:05:41,000 --> 00:05:43,599 Speaker 1: The S ANDP added forty nine. The ten year Treasury 102 00:05:43,640 --> 00:05:45,600 Speaker 1: yield at four point two eight percent. The two year 103 00:05:45,640 --> 00:05:48,800 Speaker 1: stands at three point seven six percent. That's news when 104 00:05:48,839 --> 00:05:52,480 Speaker 1: you wanted with Bloomberg News. Now I'm at Kalggi. This 105 00:05:52,880 --> 00:05:53,680 Speaker 1: is Bloomberg