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Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Krisner,

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Speaker 1: and we begin with the latest on the case of

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Speaker 1: Jeffrey Epstein. This Tuesday, the House is set to vote

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Speaker 1: on legislation to force the Department of Justice to release

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Speaker 1: all available records related to the convicted sex offender. Now,

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Speaker 1: this is a move that Trump has in the past criticized,

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Speaker 1: but tonight, in a post on truth Social the President

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Speaker 1: is saying that House Republicans should vote to release the

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Speaker 1: Epstein files, Trump writing, we have nothing to hide now.

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Speaker 1: Last Friday, the president publicly rebuked Georgia Congresswoman Marjorie Taylor

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Speaker 1: Green over her signature on a petition to vote on

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Speaker 1: the release of these files, and Trump's social media post

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Speaker 1: included insults. Here is Green responding earlier on CNN's State

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Speaker 1: of the Union.

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Speaker 2: I have something in my heart that I think is

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Speaker 2: incredibly important for our country, and that is to end

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Speaker 2: the toxic fighting and politics. And this has been going

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Speaker 2: on for years, and it is divided our country, split

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Speaker 2: up friends and families, neighbors, and it's not solving our problems.

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Speaker 2: The most hurtful thing he said, which is absolutely untrue,

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Speaker 2: is he called me a trader, and that is so

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Speaker 2: extremely wrong. And those are the types of words us

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Speaker 2: that can radicalize people against me and put my life

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Speaker 2: in danger.

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Speaker 1: Georgia Congresswoman Marjorie Taylor Green on CNN State of the Union.

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Speaker 1: The FAA is ending it shut down era of flight

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Speaker 1: cuts at forty US airports. So now airlines will be

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Speaker 1: permitted to return to normal schedules, and they will do

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Speaker 1: so beginning Monday. President Trump's proposal to send two thousand

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Speaker 1: dollars dividend payments from tariffs to US citizens would require

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Speaker 1: congressional approval. US Treasury Secretary Scott Besson said so. When

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Speaker 1: Fox News Sunday Morning Futures host Maria Bartiromo asked whether

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Speaker 1: Trump would be sending the payments, we will see.

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Speaker 3: We need legislation for that.

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Speaker 2: And again, President Trump is all about solutions, Maria, and

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Speaker 2: everything is on the table.

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Speaker 1: That's Treasury Secretary Scott Besson speaking on Fox News Sunday

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Speaker 1: Morning Futures. President Trump said that he will support proposed

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Speaker 1: Senate legislation to sanctioned countries that conduct business with Russia. Now,

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Speaker 1: this bill would allow Trump to impose tariffs on imports

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Speaker 1: from countries that buy Russian energy products and are not

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Speaker 1: actively supporting Ukraine. This would mean China and India could

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Speaker 1: be targeted. Trump also mentioned that Iran may be added

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Speaker 1: to this list now. This legislation is the result of

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Speaker 1: efforts by Democrats and some Republicans to punish Russia for

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Speaker 1: its continued war on Ukraine. Tesla is reportedly requiring its

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Speaker 1: suppliers to exclude components made in China for US manufactured vehicles.

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Speaker 1: The Wall Street Journal reports Tesla has been trying to

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Speaker 1: reduce its dependence on Chinese made parts for the US

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Speaker 1: since the pandemic is disrupted flows of goods from China,

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Speaker 1: but President Frump's tariffs have complicated those strategies, and it's

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Speaker 1: caused the ev maker to accelerate its move away from

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Speaker 1: Chinese parts. Now, Tesli is aiming to switch to other components,

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Speaker 1: those made outside of China over the next year or two.

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Speaker 1: Some of Japan's biggest tourism and retail related stocks are

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Speaker 1: down today. That's after Beijing warned its citizens against traveling

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Speaker 1: to and studying in Japan because of heightened risk for

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Speaker 1: Chinese citizens. Meantime, the Japanese economy contracted in Q three

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Speaker 1: for the first time in six quarters on an annualized

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Speaker 1: basis negative one point eight percent, still better than what

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Speaker 1: economist had forecast a negative two point four percent. Bloomberg's

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Speaker 1: Paul Jackson covers the economies of Japan and South Korea.

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Speaker 4: The fall was expected. We knew there was going to

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Speaker 4: be a pullback from exports over the summer because we

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Speaker 4: had the bringing forward of exports in the previous quarters.

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Speaker 4: Companies tried to eat the tariffs of Donald Trump, so

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Speaker 4: that part was expected. We also knew there was going

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Speaker 4: to be a sharp drop off in spending on housing.

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Speaker 4: It's actually a third fall in the amount spent on

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Speaker 4: the property market, reflecting environmental changes regulations that came in.

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Speaker 4: So there was again a flood of spending before the spring,

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Speaker 4: and then that's tailed off.

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Speaker 1: That was Bloomberg's Paul Jackson. Now this GDP news comes

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Speaker 1: as Japan's new Prime Minister Takei Ichi is preparing a

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Speaker 1: major stimulus package. The government is still working to reschedule

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Speaker 1: economic releases impacted by the shutdown. Even so, there is

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Speaker 1: plenty for the markets to watch out for. In the

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Speaker 1: week ahead, we have more from Bloomberg's Karen Moscow.

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Speaker 3: The week begins with a report on Empire manufacturing and

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Speaker 3: comments from VID Governor Christopher Waller as well as New

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Speaker 3: York VIED President John Williams. Tuesday begin earnings from Home

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Speaker 3: Depot and Wednesday in Nvidia market expectations are high after

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Speaker 3: Nvidia recently became the first company to hit a five

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Speaker 3: trillion dollar market. The FED also releases minutes from its

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Speaker 3: October meeting, shedding light and an unusual split among policymakers

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Speaker 3: after a decision to cut rates by a quarter point. Thursday,

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Speaker 3: we get existing home sales and earnings from Walmart, and

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Speaker 3: consumer sentiment is out on Friday. Karen Moscow Bloomberg Radio,

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Speaker 3: and that is news.

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Speaker 1: When you want it with Bloomberg News. Now, I'm Doug Chrisner,

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Speaker 1: and this is Bloomberg