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

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Speaker 1: We begin in Washington, where a band of House Republicans

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Speaker 1: bucked party leaders to join Democrats in passing a measure

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Speaker 1: to restore expired subsidies under the Affordable Care Act for

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Speaker 1: three years. Here is New York Republican Congressman Nick Leloda.

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Speaker 2: We know that there are cracks in the foundation of

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Speaker 2: the Affordable Care Act. We know that one in three

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Speaker 2: claims are denied. We know that premiums have risen sixty

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Speaker 2: percent more than inflation since its inception, and we know

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Speaker 2: that the insurance companies are making a gazillion dollars. Nevertheless,

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Speaker 2: a lot of our constituents rely on these subsidies, and

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Speaker 2: doing nothing we knew was not an option. So we

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Speaker 2: wanted to, and we explored several different options before Christmas. Unfortunately,

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Speaker 2: a number of them were blocked by our Rules Committee,

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Speaker 2: and this was the only option available to us, was

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Speaker 2: to pass this three year extension.

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Speaker 1: That is New York Republican Congressman Nick Leloda speaking to

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Speaker 1: Bloomberg's Balance of Power. Now, this measure is unlikely to

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Speaker 1: overcome Republican opposition in the Senate. Even so, several GOP

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Speaker 1: lawmakers say they hoped a strong showing in the House

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Speaker 1: would increase pressure on the Senate to reach a bipartisan compromise.

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Speaker 1: We go to Oregon, next to where US Customs and

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Speaker 1: Border Protection agents shot and wounded two people. The Department

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Speaker 1: of Homeland Security said the agents acted in self defense,

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Speaker 1: and DHS said the agents were conducting a targeted vehicle

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Speaker 1: stop involving a person from Venezuela who was said to

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Speaker 1: be affiliated with the gang Trend de'arragua. Portland Police Chief

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Speaker 1: Bob Day says officers responded to a call of shots fired.

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Speaker 3: We found a male and a female with apparent gunshot wounds.

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Speaker 3: Officers apply to tourniquet and some in emergency medical personnel.

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Speaker 3: The patients were transported to local hospital and their conditions

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Speaker 3: at this time are unknown.

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Speaker 1: Portland Police Chief Bob Day. In the city of Minneapolis,

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Speaker 1: tensions remain high after the fatal shooting of a woman

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Speaker 1: by an ICE agent on Wednesday. Homeland secured the officials

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Speaker 1: and President Trump say the ICE agent acted in self defense.

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Speaker 1: Here is Vice President jd. Vance.

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Speaker 4: What you see is what you get. In this case,

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Speaker 4: you have a woman who is trying to obstruct a

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Speaker 4: legitimate law enforcement operation. Nobody debates that you have a

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Speaker 4: woman who aimed her car at a law enforcement officer

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Speaker 4: and pressed on the accelerator. Nobody debates that I can

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Speaker 4: believe that her death is a tragedy while also recognizing

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Speaker 4: that it's a tragedy of her own making.

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Speaker 1: Vice President JD. Vance, Now, the head of Minnesota's investigations agency,

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Speaker 1: says the US Attorney's Office is preventing it from taking

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Speaker 1: part in the investigation. Here is Minnesota Governor Tim Walls.

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Speaker 5: Very very difficult for Minnesotans to think in any way

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Speaker 5: this is going to be fair. When Christynom was judged

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Speaker 5: jury and basically executioner yesterday, that's very, very difficult to

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Speaker 5: think that they were going to be fair.

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Speaker 1: Minnesota Governor Tim Walls. NASA will bring home for astronauts

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Speaker 1: from the International Space Station a month earlier than planned.

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Speaker 1: This movie is being made because of a medical issue

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Speaker 1: with one of the astronauts. Here is NASA Administrator Jared Isaacman.

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Speaker 6: January seventh, a single crew member on board the station

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Speaker 6: experienced a medical situation and is now stable after discussions

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Speaker 6: with Chief Health and Medical Officer, Doctor J. D. Poke,

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Speaker 6: and leadership across the agency. I've come to the decision

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Speaker 6: that it's in the best interest of our astronauts to

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Speaker 6: return Crew eleven ahead of their planned departure.

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Speaker 1: NASA Administrator Jared Isaacman. President Trump says he is directing

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Speaker 1: the purchase of two hundred billion dollars in mortgage bonds.

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Speaker 1: That story from Bloomberg's Charlie Pellett.

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Speaker 7: The President is casting this as his latest effort to

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Speaker 7: bring down housing costs ahead of the November mid term election.

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Speaker 7: Trump announced the move in a social media post, which

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Speaker 7: was unclear on how the buys would occur or which

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Speaker 7: parties would make them. On Wednesday, the President said he'll

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Speaker 7: be moving to ban institutional investors from buying single family

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Speaker 7: homes in New York. Bloomberg Radio.

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Speaker 1: Rio Tinto Group is in talks to buy glen Core,

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Speaker 1: and a deal could create the world's biggest mining company,

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Speaker 1: with a combined market value of more than two hundred

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Speaker 1: billion dollars. Shares in Rio Tinto are down five percent

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Speaker 1: in late US trading. The Supreme Court could issue rulings

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Speaker 1: Friday on the legality of President Trump's tariffs, as well

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Speaker 1: as a major redistricting case. Bloomberg. Sammy Morris has more

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Speaker 1: from Washington.

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Speaker 8: The Trump administration invoked the International Emergency Economic Powers Act,

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Speaker 8: normally used to address national security threats, and lower courts

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Speaker 8: have already struck down the president's use of that act

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Speaker 8: to imposed tarraffs. Now, more than a thousand companies are

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Speaker 8: lined up to recoup their share of the billions of

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Speaker 8: dollars in duties paid so far, as the Supreme Court

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Speaker 8: is poised to decide the fate of most of those tariffs.

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Speaker 8: Republicans are also hoping the Court rules in their favor

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Speaker 8: over redistricting rules that could give them an edge in

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Speaker 8: this year's midterm elections. The decision could weaken the Voting

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Speaker 8: Rights Act and open the door for more states to

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Speaker 8: redraw their congressional maps. In Washington, Amy Morris Bloomberg Radio.

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Speaker 1: And that is news when you want it with Bloomberg

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Speaker 1: News Now. I'm Doug Chrisner, and this is Bloomberg