1
00:00:02,480 --> 00:00:08,120
Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

2
00:00:11,000 --> 00:00:11,559
Speaker 2: Good morning.

3
00:00:11,600 --> 00:00:14,440
Speaker 1: I'm Nathan Hager and I'm Karen Moscow. Here are the

4
00:00:14,480 --> 00:00:15,960
Speaker 1: stories we're following today.

5
00:00:16,520 --> 00:00:18,400
Speaker 2: We begin with politics.

6
00:00:18,520 --> 00:00:23,200
Speaker 3: Primary elections were held last night in Arizona, Florida, Illinois, Kansas,

7
00:00:23,280 --> 00:00:27,160
Speaker 3: and Ohio, and former President Donald Trump won all five

8
00:00:27,280 --> 00:00:31,360
Speaker 3: Republican primaries with seventy five to eighty one percent support.

9
00:00:31,720 --> 00:00:34,440
Speaker 3: President Biden did the same on the Democratic side, except

10
00:00:34,440 --> 00:00:37,160
Speaker 3: in Florida, which canceled its primary. He won with eighty

11
00:00:37,200 --> 00:00:40,360
Speaker 3: three to ninety one percent of the vote. Kansas was

12
00:00:40,440 --> 00:00:42,680
Speaker 3: the only state with a none of the above option

13
00:00:42,800 --> 00:00:45,440
Speaker 3: on the Democratic ballot that took ten percent.

14
00:00:45,920 --> 00:00:48,400
Speaker 1: Well as for the down ballot races, Nathan, it was

15
00:00:48,440 --> 00:00:51,840
Speaker 1: a good night for Trump back candidates. In Ohio, businessman

16
00:00:51,960 --> 00:00:55,480
Speaker 1: Bernie Moreno defeated two other Republicans with fifty percent of

17
00:00:55,520 --> 00:00:58,400
Speaker 1: the vote to take on Democratic incumbent Sharon Brown for

18
00:00:58,560 --> 00:00:59,160
Speaker 1: US Senate.

19
00:00:59,640 --> 00:01:03,440
Speaker 3: I want to President Trump for all he did for me,

20
00:01:03,760 --> 00:01:07,839
Speaker 3: for this campaign, for his unwavering support, for his love

21
00:01:08,000 --> 00:01:09,520
Speaker 3: of this country.

22
00:01:09,680 --> 00:01:13,319
Speaker 1: Several other Republicans advanced with the former president support. Derek

23
00:01:13,400 --> 00:01:17,000
Speaker 1: Merin will take on Democratic Congresswoman Marcy Captor in Ohio

24
00:01:17,120 --> 00:01:20,360
Speaker 1: this November, he won the GOP primary with fifty two

25
00:01:20,400 --> 00:01:23,560
Speaker 1: percent of the vote. In Illinois, Mike bost is leading

26
00:01:23,680 --> 00:01:26,560
Speaker 1: Darren Bailey fifty two percent to forty eight percent. The

27
00:01:26,600 --> 00:01:30,240
Speaker 1: Associated Press is not called the race, but Bailey has conceded.

28
00:01:30,520 --> 00:01:33,959
Speaker 1: And in California, Trump backed Republican Vince Fong advanced to

29
00:01:34,000 --> 00:01:36,440
Speaker 1: a runoff with forty two percent of the vote to

30
00:01:36,440 --> 00:01:39,679
Speaker 1: fill the seat left open by former House Speaker Kevin McCarthy.

31
00:01:39,959 --> 00:01:43,520
Speaker 1: He'll face fellow Republican Mike Boudreau, who won twenty four

32
00:01:43,560 --> 00:01:46,120
Speaker 1: percent in the May twenty first special election.

33
00:01:46,360 --> 00:01:46,760
Speaker 2: Thank Karen.

34
00:01:46,760 --> 00:01:49,480
Speaker 3: There are new developments this morning regarding that migrant arrest

35
00:01:49,560 --> 00:01:50,640
Speaker 3: law in Texas.

36
00:01:50,680 --> 00:01:52,320
Speaker 2: It is back on hold.

37
00:01:52,640 --> 00:01:55,720
Speaker 3: Just hours after the law briefly took effect, a federal

38
00:01:55,760 --> 00:01:59,400
Speaker 3: appeals court prevented Texas from arresting and deporting migrants who

39
00:01:59,400 --> 00:02:02,919
Speaker 3: accused of entering the US illegally. The three judge panel

40
00:02:02,920 --> 00:02:05,360
Speaker 3: acted after the Supreme Court returned the matter to the

41
00:02:05,400 --> 00:02:08,560
Speaker 3: New Orleans based Fifth US Circuit with instructions to quickly

42
00:02:08,600 --> 00:02:10,440
Speaker 3: resolve open questions in the case.

43
00:02:10,840 --> 00:02:12,960
Speaker 1: Now, Nathan to the latest on the war in the

44
00:02:13,000 --> 00:02:16,360
Speaker 1: Middle East. Israeli Prime Minister Benjamin Netanya, who will speak

45
00:02:16,400 --> 00:02:19,360
Speaker 1: with Senate Republicans later today, and we get this story

46
00:02:19,600 --> 00:02:21,800
Speaker 1: from Bloomberg Steve Potisk in Washington.

47
00:02:22,120 --> 00:02:24,680
Speaker 4: The call will be via video and comes a week

48
00:02:24,720 --> 00:02:28,120
Speaker 4: after the Chambers top Democrat, Chuck Schumer, called for elections

49
00:02:28,120 --> 00:02:31,480
Speaker 4: to replace him. Schumer, an ally of Israel and Congress

50
00:02:31,520 --> 00:02:34,760
Speaker 4: for decades, had urged Netting Yahoo's government to do more

51
00:02:34,800 --> 00:02:38,320
Speaker 4: to avoid civilian casualties and allow a to flow more

52
00:02:38,400 --> 00:02:43,160
Speaker 4: freely to Gaza residents. Senate Republican Conference Chairman John Barrasso

53
00:02:43,400 --> 00:02:47,800
Speaker 4: invited Netting Yahoo to speak today. Barrasso, along with other Republicans,

54
00:02:47,840 --> 00:02:52,720
Speaker 4: have condemned Schumer's remarks in Washington. Steve Potisk Bloomberg Radio.

55
00:02:52,840 --> 00:02:53,840
Speaker 2: All right, Steve, thank you.

56
00:02:53,840 --> 00:02:56,680
Speaker 3: Another geopolitical news, the Biden administration is said to be

57
00:02:56,720 --> 00:03:01,960
Speaker 3: considering sanctions for Huawei's secretive chip network. Bloomberg's Brian Curtis

58
00:03:02,000 --> 00:03:03,080
Speaker 3: has more. From Hong Kong.

59
00:03:03,480 --> 00:03:07,240
Speaker 5: Sources say the US could blacklist Chinese semiconductor firms. This

60
00:03:07,360 --> 00:03:11,840
Speaker 5: comes after Huawei not a significant technological breakthrough last year. Now,

61
00:03:11,880 --> 00:03:14,360
Speaker 5: such a move would mark another escalation in a US

62
00:03:14,440 --> 00:03:19,200
Speaker 5: campaign to ring fence China's AI and semiconductor ambitions. Source

63
00:03:19,240 --> 00:03:21,919
Speaker 5: to say most of the Chinese entities affected were previously

64
00:03:21,960 --> 00:03:26,559
Speaker 5: identified as chip making facilities. These are facilities built by Huawei.

65
00:03:26,840 --> 00:03:29,600
Speaker 5: No final decisions have yet been made in Hong Kong.

66
00:03:29,680 --> 00:03:31,320
Speaker 5: Brian Curtis, Bloomberg.

67
00:03:30,919 --> 00:03:33,960
Speaker 1: Radio, All right, Brian, thanks well, Futures are mostly lower

68
00:03:34,000 --> 00:03:35,800
Speaker 1: this morning, a day after the S and P five

69
00:03:35,880 --> 00:03:38,920
Speaker 1: hundred closed at an all time high. Today's attention turns

70
00:03:38,960 --> 00:03:41,880
Speaker 1: to the Fed. Well, there might not be much anticipation

71
00:03:42,000 --> 00:03:44,760
Speaker 1: on the decision. No rate cut expected. There is a

72
00:03:44,760 --> 00:03:47,040
Speaker 1: lot of interest in what Jay Powell and companies say

73
00:03:47,040 --> 00:03:49,640
Speaker 1: about the future of monetary policy, and we get a

74
00:03:49,640 --> 00:03:51,480
Speaker 1: preview from Bloomberg's Michael McKee.

75
00:03:51,520 --> 00:03:54,280
Speaker 6: It's not about rates this time. The first thing investors

76
00:03:54,320 --> 00:03:57,400
Speaker 6: will look at is the dot plot sticky inflation readings

77
00:03:57,400 --> 00:04:00,480
Speaker 6: the past two months of spawned predictions. The median will

78
00:04:00,480 --> 00:04:03,760
Speaker 6: indicate fewer rate cuts this year, to just two from

79
00:04:03,800 --> 00:04:06,880
Speaker 6: three forecasts last December. Second on the watch list the

80
00:04:06,880 --> 00:04:10,600
Speaker 6: Summary of Economic Projections, the economic forecasts of the nineteen

81
00:04:10,640 --> 00:04:14,240
Speaker 6: members of the Fed's Rate Setting Committee. Those inflation readings

82
00:04:14,280 --> 00:04:18,119
Speaker 6: have endless anticipating Fed officials will revise their twenty twenty

83
00:04:18,120 --> 00:04:21,480
Speaker 6: four rate projections higher. There are also questions about whether

84
00:04:21,520 --> 00:04:25,000
Speaker 6: the year end forecast unemployment rate will move higher as well.

85
00:04:25,520 --> 00:04:28,040
Speaker 6: And finally, bond investors in particular will want to know

86
00:04:28,320 --> 00:04:31,360
Speaker 6: what officials discussed about future plans for running down the

87
00:04:31,400 --> 00:04:35,320
Speaker 6: Fed's balance sheet. Was a decision made to taper the runoff?

88
00:04:35,680 --> 00:04:37,119
Speaker 6: Michael McKee, Bloomberg Radio.

89
00:04:37,240 --> 00:04:40,240
Speaker 3: Okay, Mike thanks. The economy is also in focus in Europe.

90
00:04:40,400 --> 00:04:43,800
Speaker 3: UK inflation fell more sharply than expected. In fact, it

91
00:04:43,800 --> 00:04:45,920
Speaker 3: cooled to the lowest level in two and a half years.

92
00:04:46,279 --> 00:04:49,320
Speaker 3: The consumer price index rose three point four percent in

93
00:04:49,360 --> 00:04:51,800
Speaker 3: February from a year earlier. That's slower than the four

94
00:04:51,839 --> 00:04:54,800
Speaker 3: percent pace the month before. Economists say the data keep

95
00:04:54,800 --> 00:04:57,280
Speaker 3: the Bank of England on track to reduce interest rates

96
00:04:57,360 --> 00:04:58,120
Speaker 3: later this year.

97
00:04:59,000 --> 00:05:01,599
Speaker 1: In company news this by Morning, Nathan shares of JP

98
00:05:01,720 --> 00:05:04,480
Speaker 1: Morgan Chase are little change in early training. It is

99
00:05:04,520 --> 00:05:06,880
Speaker 1: boosting its dividend by nine and a half percent. We

100
00:05:06,920 --> 00:05:09,200
Speaker 1: get this story from a Bloomberg's Charlie Pellett.

101
00:05:09,360 --> 00:05:11,719
Speaker 7: The New York based bank lifted its dividend to a

102
00:05:11,800 --> 00:05:15,599
Speaker 7: dollar fifteen a share after reporting a record profit last year.

103
00:05:15,960 --> 00:05:19,440
Speaker 7: The unexpected increase marks the second time in the past

104
00:05:19,480 --> 00:05:24,200
Speaker 7: twelve months, the JP Morgan Chase has boosted its quarterly payout.

105
00:05:24,440 --> 00:05:28,240
Speaker 7: JP Morgan Chase generated about fifty billion dollars of net

106
00:05:28,279 --> 00:05:31,359
Speaker 7: income in twenty twenty three and had raised the payout

107
00:05:31,400 --> 00:05:34,320
Speaker 7: by five percent to a dollar five a share for

108
00:05:34,360 --> 00:05:38,080
Speaker 7: the third quarter. So far this year, JP Morgan Chase

109
00:05:38,080 --> 00:05:41,479
Speaker 7: shares are up thirteen point nine percent at next reports

110
00:05:41,480 --> 00:05:45,480
Speaker 7: earnings April twelfth in New York. Charlie Pellett, Bloomberg Radio,

111
00:05:45,640 --> 00:05:47,680
Speaker 7: all right, Charlie, thank you. It's a very big day

112
00:05:47,720 --> 00:05:50,599
Speaker 7: on the IPO market. Bloomberg News has learned a Stereo

113
00:05:50,720 --> 00:05:53,200
Speaker 7: Labs is said to raise about seven hundred and thirteen

114
00:05:53,320 --> 00:05:57,560
Speaker 7: million dollars, tapping demand for investors related to artificial intelligence.

115
00:05:57,839 --> 00:06:00,840
Speaker 7: Sources say Astera and the current stockholder are selling almost

116
00:06:00,880 --> 00:06:04,320
Speaker 7: twenty million shares for thirty six dollars each. Jay Woods

117
00:06:04,360 --> 00:06:08,159
Speaker 7: is chief Global Strategistic Freedom Capital Markets and Stara is.

118
00:06:08,040 --> 00:06:10,960
Speaker 2: An AI plane. What's hotter than AI? Right now?

119
00:06:11,200 --> 00:06:14,640
Speaker 8: That to me, you could see a little euphoria and

120
00:06:14,680 --> 00:06:17,640
Speaker 8: you could see that thirty percent pop. It's not where

121
00:06:17,680 --> 00:06:20,800
Speaker 8: it opens and how it trades after the opening and

122
00:06:20,839 --> 00:06:23,360
Speaker 8: then the subsequent a few days, Let's see how they

123
00:06:23,480 --> 00:06:25,960
Speaker 8: do a week two weeks later.

124
00:06:26,000 --> 00:06:29,239
Speaker 3: Jay Woods of Freedom Capital says the starebackers include Intel,

125
00:06:29,360 --> 00:06:31,880
Speaker 3: along with Sutter Hill Ventures and Nathan.

126
00:06:31,920 --> 00:06:35,840
Speaker 1: Another highly anticipated ipo prices tonight. We're talking about Reddit,

127
00:06:35,880 --> 00:06:38,320
Speaker 1: and we get more from Bloomberg's Bailey Lipschaltz.

128
00:06:38,560 --> 00:06:41,839
Speaker 9: Social media platforms first time share sale will price later

129
00:06:41,880 --> 00:06:45,080
Speaker 9: this evening before debuting on Thursday. Expectations are for it

130
00:06:45,160 --> 00:06:47,359
Speaker 9: to be valued around six billion dollars.

131
00:06:47,520 --> 00:06:49,040
Speaker 2: That's a sharp drop off from the.

132
00:06:49,000 --> 00:06:51,159
Speaker 9: Ten billion dollars where it was valued in a private

133
00:06:51,240 --> 00:06:54,280
Speaker 9: round back in twenty twenty one. Analysts and investors are

134
00:06:54,360 --> 00:06:57,000
Speaker 9: keen to see how it does after selling shares to

135
00:06:57,120 --> 00:07:00,280
Speaker 9: loyal users, which could draw some flack. Those moderate and

136
00:07:00,320 --> 00:07:03,240
Speaker 9: people with so called high karma scores are able to

137
00:07:03,240 --> 00:07:06,040
Speaker 9: buy into the ipo, so it'll be interesting to see

138
00:07:06,160 --> 00:07:09,359
Speaker 9: how Reddit performs in trades in the wake of a

139
00:07:09,520 --> 00:07:12,680
Speaker 9: dearth of technology IPOs after arm back at the end

140
00:07:12,720 --> 00:07:13,320
Speaker 9: of last year.

141
00:07:13,560 --> 00:07:16,240
Speaker 1: And that's Bloomberg's Bailey Lipshaltz, who says redd It will

142
00:07:16,320 --> 00:07:22,720
Speaker 1: trade under the ticker RDDT. And it's time now for

143
00:07:22,760 --> 00:07:24,440
Speaker 1: a look at some of the other stories and making

144
00:07:24,480 --> 00:07:26,400
Speaker 1: news in New York and around the world. For that.

145
00:07:26,440 --> 00:07:29,800
Speaker 1: We're joined by Bloomberg's Michael Barr, Michael good Morning, Good.

146
00:07:29,560 --> 00:07:32,800
Speaker 10: Morning Care and New York Mayor Eric Adams again denied

147
00:07:32,800 --> 00:07:36,800
Speaker 10: allegations in a lawsuit accusing him of sexually assaulting a

148
00:07:36,800 --> 00:07:40,240
Speaker 10: former colleague in nineteen ninety three. Adams says it did

149
00:07:40,280 --> 00:07:43,440
Speaker 10: not happen. The woman first filed a notice of claim

150
00:07:43,480 --> 00:07:47,120
Speaker 10: in November under the Adult Survivors Act. It is a

151
00:07:47,160 --> 00:07:50,560
Speaker 10: state law that suspends for a year the usual time

152
00:07:50,640 --> 00:07:54,360
Speaker 10: limit to sue over an alleged sexual assault. Adams once

153
00:07:54,360 --> 00:07:57,200
Speaker 10: again denied the allegation yesterday during a news conference.

154
00:07:57,560 --> 00:08:02,680
Speaker 11: I don't recall a meeting in person, and that is

155
00:08:02,720 --> 00:08:04,200
Speaker 11: not who I am as a person.

156
00:08:04,640 --> 00:08:07,160
Speaker 10: In the lawsuit, the accuser says she was seeking a

157
00:08:07,160 --> 00:08:10,720
Speaker 10: promotion in the New York Transit Police Department and asked

158
00:08:10,800 --> 00:08:14,120
Speaker 10: Adams for help. Adams, then a police officer and member

159
00:08:14,160 --> 00:08:17,720
Speaker 10: of the Guardians Association, is alleged in the lawsuit to

160
00:08:17,800 --> 00:08:20,600
Speaker 10: have driven the woman to a vacant lot and demanded

161
00:08:20,640 --> 00:08:24,200
Speaker 10: sexual acts. A US district judge sentenced two of six

162
00:08:24,280 --> 00:08:27,760
Speaker 10: Mississippi law enforcement officials for the racist torture of two

163
00:08:27,840 --> 00:08:32,959
Speaker 10: black men. Former deputy Hunter Elward received more than seventeen years,

164
00:08:32,960 --> 00:08:36,800
Speaker 10: and Lieutenant Jeffrey Middleton got twenty years. They were among

165
00:08:36,880 --> 00:08:39,720
Speaker 10: the six who gave themselves the name the Goon Squad

166
00:08:40,120 --> 00:08:43,040
Speaker 10: because they did not follow the rules and often subjected

167
00:08:43,080 --> 00:08:47,559
Speaker 10: the people they deemed suspects to humiliating torture. Last year,

168
00:08:47,600 --> 00:08:50,120
Speaker 10: the Goon Squad burst into the home of a white

169
00:08:50,120 --> 00:08:53,520
Speaker 10: woman without a warrant after a white neighbor reported several

170
00:08:53,559 --> 00:08:57,440
Speaker 10: black males were staying in the home. Victims, Michael Jenkson,

171
00:08:57,559 --> 00:09:00,800
Speaker 10: who was shot in the mouth, and any park brought

172
00:09:00,800 --> 00:09:03,480
Speaker 10: a lawsuit, which led to an investigation that put a

173
00:09:03,520 --> 00:09:07,240
Speaker 10: stop to the violence. Parker spoke after the sentencing, you know,

174
00:09:07,320 --> 00:09:09,440
Speaker 10: it's given him what it's done. I forgive that part

175
00:09:11,240 --> 00:09:13,120
Speaker 10: he still did, you know what I'm saying, what he

176
00:09:13,200 --> 00:09:15,600
Speaker 10: did and he has to be punished with it. Four

177
00:09:15,679 --> 00:09:19,680
Speaker 10: more deputies will be sentenced today and tomorrow. Donald Trump

178
00:09:19,760 --> 00:09:22,840
Speaker 10: is suggesting that he'd support a national ban on abortions

179
00:09:23,120 --> 00:09:27,040
Speaker 10: around fifteen weeks of pregnancy, voicing for the first time

180
00:09:27,160 --> 00:09:30,600
Speaker 10: support for a specific limit on the procedure. The former president,

181
00:09:30,640 --> 00:09:33,400
Speaker 10: in a radio interview yesterday, says people are agreeing on

182
00:09:33,480 --> 00:09:37,160
Speaker 10: fifteen and I'm thinking in terms of that hor mortal

183
00:09:37,520 --> 00:09:41,600
Speaker 10: contraceptives can now be dispensed by New York pharmacists without

184
00:09:41,640 --> 00:09:45,199
Speaker 10: a prescription. Those participating pharmacies can provide up to a

185
00:09:45,280 --> 00:09:50,240
Speaker 10: twelve month supply of the medication. Meanwhile, it said that

186
00:09:50,720 --> 00:09:53,800
Speaker 10: the Governor is trying to make it a way for

187
00:09:54,000 --> 00:09:57,760
Speaker 10: New York and healthcare sanctuaries for women as.

188
00:09:57,640 --> 00:09:59,920
Speaker 2: Long as I'm governor, their rights are protected.

189
00:10:00,240 --> 00:10:02,760
Speaker 1: That this is deeply personal to me as a mother

190
00:10:02,880 --> 00:10:04,960
Speaker 1: and a woman in this state.

191
00:10:05,600 --> 00:10:08,520
Speaker 10: New York Governor Kathy Hokel Global News twenty four hours

192
00:10:08,559 --> 00:10:10,480
Speaker 10: a day, whenever you want it with Bloomberg News. Now,

193
00:10:10,600 --> 00:10:12,439
Speaker 10: I'm Michael barrb this is Bloomberg Karen.

194
00:10:12,720 --> 00:10:19,480
Speaker 1: All right, Michael Barr, thank you, but his time now

195
00:10:19,480 --> 00:10:22,079
Speaker 1: for the Bloomberg Sports Update, brought to you by Tri

196
00:10:22,240 --> 00:10:24,479
Speaker 1: State Outie, and we bring in John Stashaur.

197
00:10:24,559 --> 00:10:26,120
Speaker 2: John, Good morning, Give morning, Karen.

198
00:10:26,640 --> 00:10:29,560
Speaker 12: The Jets started slowly in free agency, but after recently

199
00:10:29,600 --> 00:10:33,000
Speaker 12: adding veteran jackal Tyron Smith of Dallas State signed longtime

200
00:10:33,200 --> 00:10:36,559
Speaker 12: LA charger whiteout Mike Williams, seventh pick of the twenty

201
00:10:36,640 --> 00:10:39,640
Speaker 12: seventeen draft. He's had injuries, including the torn acl this

202
00:10:39,679 --> 00:10:41,680
Speaker 12: past season, but went healthy. Williams has had a couple

203
00:10:41,679 --> 00:10:45,679
Speaker 12: of recent thousand yard seasons. Tackle Trent Brown signed with Cincinnati.

204
00:10:45,679 --> 00:10:49,240
Speaker 12: He'd been with New England. Sixty seven NCAA Tournament games,

205
00:10:49,280 --> 00:10:52,440
Speaker 12: the first team to advance Little Wagner College out of

206
00:10:52,440 --> 00:10:55,120
Speaker 12: Staten Island. It's the first NCAA win school history, only

207
00:10:55,160 --> 00:10:57,640
Speaker 12: the second game the Seahawks have played at the first

208
00:10:57,679 --> 00:10:59,880
Speaker 12: four and date in a seventy one sixty eight win

209
00:11:00,000 --> 00:11:03,920
Speaker 12: over Howard. Wagner only has seven scholarship players. The coach

210
00:11:04,000 --> 00:11:04,840
Speaker 12: is Donald Copeland.

211
00:11:04,960 --> 00:11:09,000
Speaker 11: Having seven players, you know, I would imagine some places

212
00:11:09,000 --> 00:11:11,000
Speaker 11: they might just come in the gym and just say, listen,

213
00:11:11,080 --> 00:11:12,920
Speaker 11: we got seven. We just got to go through the motions.

214
00:11:13,160 --> 00:11:13,959
Speaker 2: We never did that.

215
00:11:14,000 --> 00:11:16,560
Speaker 11: We prepare the right way, we expected to win even

216
00:11:16,559 --> 00:11:18,800
Speaker 11: when we did lose, and then now to fight and

217
00:11:18,880 --> 00:11:22,000
Speaker 11: in NEC tournament. The way we did it speaks volume,

218
00:11:22,040 --> 00:11:23,800
Speaker 11: I think to the culture. I think it speaks to

219
00:11:23,840 --> 00:11:24,440
Speaker 11: the kids I have.

220
00:11:24,559 --> 00:11:26,520
Speaker 12: And it'll be a tad tougher for Wagner tomorrow and

221
00:11:26,600 --> 00:11:29,439
Speaker 12: Charlotte against North Carolina, top seeds in the West. Also

222
00:11:29,520 --> 00:11:33,280
Speaker 12: Colorado State cross Virginia sixty seven to forty two. Two

223
00:11:33,320 --> 00:11:35,360
Speaker 12: more games in Dayton tonight than the turny begins in

224
00:11:35,400 --> 00:11:39,199
Speaker 12: Earn It's sixteen games tomorrow. Saint Peter's, who's a fifteen seed,

225
00:11:39,200 --> 00:11:42,199
Speaker 12: has a game late tomorrow against Tennessee the nit Underway

226
00:11:42,480 --> 00:11:45,000
Speaker 12: BC wanted Providence at the Garden, rare loss with the

227
00:11:45,040 --> 00:11:47,280
Speaker 12: Rangers only the ninth all year at home. Winnipeg got

228
00:11:47,280 --> 00:11:49,560
Speaker 12: a hat trick from Mark Steifeley won four to two,

229
00:11:49,679 --> 00:11:52,600
Speaker 12: Rangers fourth loss in their last twenty one games. Play

230
00:11:52,600 --> 00:11:54,800
Speaker 12: tomorrow in Boston. Bruins got a hat trick from David

231
00:11:54,800 --> 00:11:57,520
Speaker 12: pasternaife I was six to two. Devil's got a pair

232
00:11:57,520 --> 00:12:00,160
Speaker 12: of goals from Timomyer down Pittsburgh five to two. The

233
00:12:00,160 --> 00:12:03,280
Speaker 12: Islanders lost to Carolina four to one. At Barclay's Net's

234
00:12:03,320 --> 00:12:05,560
Speaker 12: loss of the Pelicans one O four ninety one. That's

235
00:12:05,600 --> 00:12:09,160
Speaker 12: fourth straight loss since Christmas. Brooklyn is eleven and twenty eight.

236
00:12:09,440 --> 00:12:12,439
Speaker 12: Wizards lost by twenty five to Houston Johns Danshan. We're

237
00:12:12,440 --> 00:12:13,280
Speaker 12: Bloomberg Sports.

238
00:12:13,400 --> 00:12:15,800
Speaker 3: Let's get back to the latest primary results, what they

239
00:12:15,880 --> 00:12:18,040
Speaker 3: say about the battle for control of Congress and the

240
00:12:18,040 --> 00:12:20,720
Speaker 3: White House. We're joined now by Bloomberg News Senior editor

241
00:12:20,760 --> 00:12:25,240
Speaker 3: Bill ferries So, Bill Arizona Florida, Illinois, Kansas, and Ohio.

242
00:12:25,320 --> 00:12:29,280
Speaker 3: No surprise, President Biden and former President Trump swept them all.

243
00:12:29,640 --> 00:12:32,200
Speaker 3: So we looked down ballot, what is the victory for

244
00:12:32,400 --> 00:12:35,040
Speaker 3: Bernie Moreno in the Ohio Senate race?

245
00:12:35,080 --> 00:12:37,160
Speaker 2: Say about Trump's hold on the GOP.

246
00:12:38,360 --> 00:12:41,120
Speaker 13: Yeah, you're right, Nathan, it's we're having to look elsewhere

247
00:12:41,160 --> 00:12:44,240
Speaker 13: for clues about what might happen in November. How strong

248
00:12:44,320 --> 00:12:47,680
Speaker 13: the support is for both of the candidates, Prisident Biden

249
00:12:48,080 --> 00:12:52,480
Speaker 13: and former President Trump. And certainly the Trump campaign is

250
00:12:52,520 --> 00:12:56,520
Speaker 13: going to look very happy, happily on this victory by

251
00:12:57,320 --> 00:13:02,920
Speaker 13: former car dealer and cryptocurrency mogul Bernie Moreno. He has

252
00:13:03,440 --> 00:13:07,280
Speaker 13: been closely aligned with President Trump. He's had President Trump

253
00:13:07,400 --> 00:13:11,640
Speaker 13: himself attending rallies in support of him and a lot

254
00:13:11,679 --> 00:13:16,120
Speaker 13: of very very pro Trump friends and allies adjoining in that.

255
00:13:16,320 --> 00:13:20,080
Speaker 13: So there's one sign there. It was also closely watched

256
00:13:20,160 --> 00:13:24,320
Speaker 13: because people less associated with the Trump wing of the parties,

257
00:13:24,360 --> 00:13:27,720
Speaker 13: such as Governor Mike DeWine, were favoring other candidates in

258
00:13:27,760 --> 00:13:31,360
Speaker 13: the race who lost. So, you know, Ohio in the

259
00:13:31,400 --> 00:13:33,720
Speaker 13: past has not been one of the more I guess

260
00:13:34,240 --> 00:13:37,640
Speaker 13: like pro Trump Republican states, but there will be a

261
00:13:37,640 --> 00:13:41,000
Speaker 13: big question about whether his forces are able to defeat

262
00:13:41,440 --> 00:13:43,000
Speaker 13: Shared Brown come November.

263
00:13:43,160 --> 00:13:45,000
Speaker 3: Yeah, that's going to be the big question, not just

264
00:13:45,080 --> 00:13:47,120
Speaker 3: in that race, but in all the other races where

265
00:13:47,160 --> 00:13:50,800
Speaker 3: Trump back candidates did well. Does the Trump wing of

266
00:13:50,840 --> 00:13:54,839
Speaker 3: the GOP prevail in November or is the establishment wing

267
00:13:55,280 --> 00:13:59,280
Speaker 3: going to be shown to be right that Trump's support

268
00:13:59,320 --> 00:14:03,360
Speaker 3: doesn't necessar barely translate into results in a general election.

269
00:14:04,440 --> 00:14:07,360
Speaker 13: You're right, President Trump has a very mixed history when

270
00:14:07,360 --> 00:14:10,720
Speaker 13: it comes to endorsing candidates, particularly at the Senate level.

271
00:14:11,640 --> 00:14:14,120
Speaker 13: But I think one thing that people will take note

272
00:14:14,120 --> 00:14:17,800
Speaker 13: of in these Ohio races. In Ohio, of course, in

273
00:14:17,800 --> 00:14:21,640
Speaker 13: the middle of the country, not bordering Mexico, immigration was

274
00:14:21,720 --> 00:14:23,560
Speaker 13: a key issue in this You did hear a lot

275
00:14:23,560 --> 00:14:27,800
Speaker 13: of talk about the need by Trump supporters to build

276
00:14:28,000 --> 00:14:31,240
Speaker 13: a wall and force immigration law more strictly, come down

277
00:14:31,280 --> 00:14:35,080
Speaker 13: harder on immigration. So if that's happening in Ohio, that's

278
00:14:35,160 --> 00:14:36,960
Speaker 13: going to be something you have to wonder whether it

279
00:14:36,960 --> 00:14:40,000
Speaker 13: reverberates more nationally in the former president's favor.

280
00:14:40,280 --> 00:14:43,040
Speaker 3: Well, it seems like immigration is going to reverberate nationally

281
00:14:43,080 --> 00:14:44,920
Speaker 3: in the courts as well. What do you make of

282
00:14:44,960 --> 00:14:49,320
Speaker 3: this back and forth over this Texas migrant deportation law

283
00:14:49,360 --> 00:14:51,640
Speaker 3: that the Supreme Court allowed to go forward, and then

284
00:14:51,760 --> 00:14:55,920
Speaker 3: just hours later Appeals panel decided to blog, Yeah.

285
00:14:55,720 --> 00:14:58,920
Speaker 13: It's pretty remarkable back and forth there between the Supreme

286
00:14:58,960 --> 00:15:01,920
Speaker 13: Court and the Texas Court. The Texas Court has blocked

287
00:15:01,960 --> 00:15:06,480
Speaker 13: that law. That that law, if you remember, basically makes

288
00:15:06,520 --> 00:15:10,760
Speaker 13: it a state crime to enter Texas illegally or to

289
00:15:10,880 --> 00:15:14,680
Speaker 13: leave it illegally. So it basically it was an attempt

290
00:15:14,680 --> 00:15:19,200
Speaker 13: by Texas officials to take over immigration control at some level.

291
00:15:19,360 --> 00:15:21,520
Speaker 13: It's still not clear how they were going to be

292
00:15:21,600 --> 00:15:24,160
Speaker 13: enforcing that, what facilities they had, how were they going

293
00:15:24,200 --> 00:15:27,600
Speaker 13: to make that determination? And it may again go back

294
00:15:27,640 --> 00:15:30,680
Speaker 13: to the Supreme Court now that now that the lower

295
00:15:30,680 --> 00:15:34,600
Speaker 13: court has ruled, but it has put officials actually on

296
00:15:34,640 --> 00:15:37,160
Speaker 13: the border in a very strange position of trying to

297
00:15:37,160 --> 00:15:39,920
Speaker 13: figure out at which point in time which laws they're

298
00:15:39,960 --> 00:15:41,320
Speaker 13: supposed to be trying to carry out.

299
00:15:41,520 --> 00:15:43,880
Speaker 3: Only about thirty seconds left, Bill, but we're expecting a

300
00:15:43,920 --> 00:15:48,800
Speaker 3: call today from Israeli Prime Minister Benjamin Natanyahu to Republican senators,

301
00:15:48,920 --> 00:15:52,160
Speaker 3: just days after Democratic Leader Chuck Schumer rebuked him on

302
00:15:52,160 --> 00:15:52,840
Speaker 3: the Senate floor.

303
00:15:53,720 --> 00:15:57,080
Speaker 13: Right, Republicans are really trying to take advantage of this

304
00:15:57,160 --> 00:16:01,120
Speaker 13: issue that has strongly divided the Democrats. Chuck Schumer basically

305
00:16:01,200 --> 00:16:04,200
Speaker 13: said there should be maybe new elections in Israel. That's

306
00:16:04,240 --> 00:16:07,280
Speaker 13: been heavily criticized by Republicans. Of course, you had President

307
00:16:07,360 --> 00:16:12,400
Speaker 13: former President Trump coming out just recently saying Jewish voters

308
00:16:12,440 --> 00:16:15,560
Speaker 13: who support Democrats hate Israel and hate their religion, So

309
00:16:15,680 --> 00:16:19,760
Speaker 13: really trying to inflame this issue. We'll see you know

310
00:16:19,840 --> 00:16:23,920
Speaker 13: whether this, whether this takes hold, and whether you know

311
00:16:24,040 --> 00:16:27,440
Speaker 13: this actually helps Netanyahu or Republicans going forward.

312
00:16:31,040 --> 00:16:34,120
Speaker 14: This is Bloomberg Daybreak Today, your morning brief on the

313
00:16:34,160 --> 00:16:37,600
Speaker 14: stories making news from Wall Street to Washington and beyond.

314
00:16:37,840 --> 00:16:40,640
Speaker 1: Look for us on your podcast feed at six am

315
00:16:40,680 --> 00:16:44,360
Speaker 1: Eastern each morning, on Apple, Spotify, and anywhere else you

316
00:16:44,440 --> 00:16:45,600
Speaker 1: get your podcasts.

317
00:16:45,720 --> 00:16:48,400
Speaker 14: You can also listen live each morning starting at five

318
00:16:48,480 --> 00:16:51,120
Speaker 14: am Wall Street time on Bloomberg eleven three to zero

319
00:16:51,120 --> 00:16:54,000
Speaker 14: in New York, Bloomberg ninety nine to one in Washington,

320
00:16:54,040 --> 00:16:57,280
Speaker 14: Bloomberg one six to one in Boston, and Bloomberg ninety

321
00:16:57,280 --> 00:16:58,680
Speaker 14: sixty in San Francisco.

322
00:16:59,040 --> 00:17:02,000
Speaker 1: Our flagship New York York station is also available on

323
00:17:02,040 --> 00:17:06,639
Speaker 1: your Amazon Alexa devices. Just say Alexa Play Bloomberg eleven

324
00:17:06,720 --> 00:17:07,640
Speaker 1: thirty plus.

325
00:17:07,720 --> 00:17:11,159
Speaker 14: Listen coast to coast on the Bloomberg Business app, SERRIUSXM,

326
00:17:11,280 --> 00:17:14,359
Speaker 14: the iHeartRadio app, and on Bloomberg dot Com.

327
00:17:14,400 --> 00:17:16,480
Speaker 2: I'm Nathan Hager and I'm Karen Moscow.

328
00:17:16,680 --> 00:17:19,439
Speaker 1: Join us again tomorrow morning for all the news you

329
00:17:19,560 --> 00:17:22,800
Speaker 1: need to start your day, right here on Bloomberg Daybreak