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Speaker 1: News.

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Speaker 2: When you won it with Bloomberg News. Now I'm made Kaleggi.

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Speaker 2: A judge in Minnesota ruled Friday that federal officers in

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Speaker 2: the Minneapolis area participating in its largest recent US immigration

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Speaker 2: enforcement operation, cannot detain or tear gas peaceful protesters who

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Speaker 2: are not obstructing authorities, including when these people are observing

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Speaker 2: the agents. US District Judge Kate Menendez. His ruling addresses

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Speaker 2: a case filed in December on behalf of six Minnesota activists.

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Speaker 2: The six are among the thousands who have been observing

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Speaker 2: the activities of ICE enforcing the Trump Administration's immigration crackdown

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Speaker 2: in the Minneapolis Saint Paul area since last month. The

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Speaker 2: Department of Justice is investigating both Minnesota Governor Tim Walls

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Speaker 2: and Minneapolis Mayor Jacob Frye over an alleged conspiracy to

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Speaker 2: impede a federal immigration agent. Meanwhile, President Trump told reporters

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Speaker 2: Friday at the White House he would hold off on

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Speaker 2: invoking the Insurrection Act after previously threatening to use the

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Speaker 2: law to deploy military troops in Minnesota. Still, the President

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Speaker 2: did not rule out using the nineteenth century law at

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Speaker 2: a later date, saying if I needed it, I'd use it.

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Speaker 2: A day earlier, Trump posted on social media that he

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Speaker 2: would institute the Insurrection Act if the state's leaders failed

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Speaker 2: to quell protests there. The eighteen oh seven statute allows

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Speaker 2: the president to use regular military troops on US soil

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Speaker 2: for domestic law enforcement during an insurrection or civil disturbance

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Speaker 2: without congressional approval. It was last invoked during the nineteen

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Speaker 2: ninety two Los Angeles riots. President Trump has expressed reluctance

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Speaker 2: toward nominating Kevin Hassett as Federal Reserve chair, casting further

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Speaker 2: down over his search for the next head of the

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Speaker 2: Central Bank. Trump on Friday said if Hassett were to

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Speaker 2: leave his post as director of the White House National

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Speaker 2: Economic Council, it would deprive the administration of one of

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Speaker 2: its most powerful messengers on the economy.

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Speaker 3: I actually want to keep you where you are, if

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Speaker 3: you want to know the truth. Kevin Hassett is so good.

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Speaker 3: I'm samious of them. These fed guys, certainly the one

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Speaker 3: we have now. They don't talk much. I would lose you.

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Speaker 3: It's a serious concern to me. So I just want

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Speaker 3: to say thank you very much. You've done incredible.

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Speaker 2: Hassett has been seen as a top contender to succeed

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Speaker 2: FED Chair Jerome Powell. Gold slipped the most in more

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Speaker 2: than two weeks after President Trump expressed reluctance about nominating

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Speaker 2: Hassett as Federal Reserve Chair. During an appearance on Fox Business,

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Speaker 2: Treasury Secretary Scott Bessen talked about when we may learn

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Speaker 2: of President Trump's choice to lead the FED.

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Speaker 1: We run a process and it will be the president's

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Speaker 1: decision in the next couple of days or weeks. I'd

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Speaker 1: expected that we would here have a decision either before

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Speaker 1: he lose for Davos or when he returns.

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Speaker 2: Meanwhile, Federal Reserve Vice Chair Philip Jefferson said interest rates

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Speaker 2: are near the level that neither slows nor stimulates the economy,

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Speaker 2: leaving officials in a good place to respond to evolving risks.

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Speaker 2: Jefferson joins a growing group of officials who, following three

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Speaker 2: rate cuts to close out twenty twenty five, have declared

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Speaker 2: the Fed's current rate setting is well positioned to balance

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Speaker 2: the risks to both employment and inflation. The White House

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Speaker 2: is weighing an executive action to enact President Trump's call

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Speaker 2: for a cap on credit card interest rates, in addition

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Speaker 2: to other measures seeking to ease US affordability challenges. The plan,

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Speaker 2: which is still being crafted as administration officials discuss the

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Speaker 2: terms with industry and Congress, is designed to lower interest

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Speaker 2: rates on credit cards as part of a broader push

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Speaker 2: to reduce costs for Americans. Trump's action may also call

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Speaker 2: on regulators to relax certain liquidity standards to help make

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Speaker 2: the plan more attractive for the banks. The Supreme Court

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Speaker 2: has agreed to hear Bears appealed taking aim at thousands

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Speaker 2: of lawsuits targeting its top selling round Up weed killer

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Speaker 2: for causing cancer. The High Court agreed Friday to hear

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Speaker 2: Bear's challenge to a one point twenty five million Missouri

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Speaker 2: jury verdict against the company's Monsanto unit over round Up,

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Speaker 2: on the ground some of the claims in the twenty

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Speaker 2: twenty three case were preempted by federal law. Bear officials

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Speaker 2: hope that justice Is ruling will help knock out thousands

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Speaker 2: of round Up cases that include failure to warren claims.

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Speaker 2: The company already has paid out more than ten billion

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Speaker 2: dollars in verdicts and settlements. It has set aside another

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Speaker 2: six billion to deal with a litigation. Venezuelan leader Marina

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Speaker 2: Coarina Machado, who emerged from hiding to accept the Nobel

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Speaker 2: Peace Prize, spoke optimistically of a future democratically elected government

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Speaker 2: following her meeting with President Trump, who decided to work

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Speaker 2: with the current acting president of Venezuela.

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Speaker 4: I have no doubt that President Trump, his administration, and

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Speaker 4: the people of the United States support democracy, justice, freedom,

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Speaker 4: and the mandate of the people of Venezuela. Have absolutely

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Speaker 4: no doubt because it is crucial for the American people.

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Speaker 2: Marina Corina Machado Down Friday, in a losing week for

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Speaker 2: the US equity market, we get a wrap up from

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Speaker 2: Bloomberg's Charlie Pellett.

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Speaker 5: Stocks Moves Laura on concern that President Trump is cooling

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Speaker 5: on his dubbish front runner Kevin has It to head

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Speaker 5: the Federal Reserve. The S and P five hundred struggled

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Speaker 5: to get traction and finished lore for the week down

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Speaker 5: point four percent, while the Russell two thousand index of

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Speaker 5: small cap shares kept rising and beat the S and

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Speaker 5: P five hundred four and eleventh straight session for January.

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Speaker 5: The Russell two thousand is up seven point nine percent

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Speaker 5: for the week. Dow Industrials down point three percent, NASDAK

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Speaker 5: on the week, down point seven percent in New York.

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Speaker 5: Charlie Palett Bloomberg Radio.

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Speaker 2: Those Friday numbers on Wall Street, the down law, state

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Speaker 2: E three, Nastack filled fourteen, the SMP dropping four, The

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Speaker 2: ten year treasury yield at four point two two percent,

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Speaker 2: The two year is at three point five nine percent.

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Speaker 2: That's news when you want it, with Bloomberg News. Now,

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Speaker 2: I'm mid Kleggy. This is Bloomberg