1 00:00:01,440 --> 00:00:04,600 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,680 --> 00:00:08,760 Speaker 1: in keleggy. Representative Marjorie Taylor Green of Georgia, a once 3 00:00:08,840 --> 00:00:11,800 Speaker 1: loyal supporter of President Trump who has become a critic, 4 00:00:12,039 --> 00:00:15,640 Speaker 1: said Friday nine she is resigning from Congress in January. Green, 5 00:00:15,760 --> 00:00:19,520 Speaker 1: in more than a ten minute video posted online, explained 6 00:00:19,520 --> 00:00:24,120 Speaker 1: her decision. Hi, everyone, I've always represented the common American 7 00:00:24,160 --> 00:00:26,840 Speaker 1: man and woman as a member of the House of Representatives, 8 00:00:26,840 --> 00:00:30,040 Speaker 1: which is why I've always been despised in Washington, d C. 9 00:00:30,440 --> 00:00:31,640 Speaker 2: And just never fit in. 10 00:00:32,000 --> 00:00:35,560 Speaker 1: Green's resignation followed a public fallout with Trump in recent months, 11 00:00:35,560 --> 00:00:38,479 Speaker 1: as the congresswoman criticized him for his stance on the 12 00:00:38,479 --> 00:00:42,520 Speaker 1: files related to Jeffrey Epstein, along with foreign policy and healthcare. 13 00:00:42,840 --> 00:00:46,360 Speaker 1: She said her last day would be January. Fifth. Supreme 14 00:00:46,360 --> 00:00:50,760 Speaker 1: Court Justice Samuel Alito temporarily restored a Republican drawn congressional 15 00:00:50,760 --> 00:00:53,760 Speaker 1: map in Texas, acting little more than an hour after 16 00:00:53,800 --> 00:00:57,440 Speaker 1: the state in its GOP leaders sought emergency intervention. Alite 17 00:00:57,480 --> 00:01:01,120 Speaker 1: host late Friday order, which offered no explanation applies until 18 00:01:01,120 --> 00:01:03,960 Speaker 1: either he or the full Court axe again. He signaled 19 00:01:04,040 --> 00:01:06,440 Speaker 1: quick action, asking for opponents of the map to file 20 00:01:06,480 --> 00:01:09,200 Speaker 1: a response by Monday. A lower court said this week 21 00:01:09,280 --> 00:01:12,160 Speaker 1: that the map drawn at President Trump's behest was probably 22 00:01:12,160 --> 00:01:16,600 Speaker 1: an unconstitutional racial gerrymander. President Trump says he wants to 23 00:01:16,640 --> 00:01:19,880 Speaker 1: see Zora on mom Donnie succeed saying after a highly 24 00:01:19,920 --> 00:01:23,160 Speaker 1: anticipated sit down, that he would feel very comfortable living 25 00:01:23,200 --> 00:01:25,520 Speaker 1: in a New York run by the mayor elect, and 26 00:01:25,560 --> 00:01:28,200 Speaker 1: that he does not anticipate cutting off funding for the 27 00:01:28,200 --> 00:01:31,680 Speaker 1: country's most populous city. No, I don't expect. I expect 28 00:01:31,760 --> 00:01:34,360 Speaker 1: to be helping him, not hurting him, A big help 29 00:01:34,800 --> 00:01:37,880 Speaker 1: because I want New York City to be great, the 30 00:01:37,920 --> 00:01:40,319 Speaker 1: President added, he was surprised by the mayor elect. 31 00:01:40,440 --> 00:01:40,920 Speaker 3: We had a. 32 00:01:40,880 --> 00:01:44,240 Speaker 1: Meeting today that actually surprised me. He wants to see 33 00:01:44,600 --> 00:01:47,680 Speaker 1: no crime, he wants to see housing being built, he 34 00:01:47,720 --> 00:01:49,720 Speaker 1: wants to see rents coming down, all things that I 35 00:01:49,800 --> 00:01:52,560 Speaker 1: agree with. The meeting was the first between the two leaders, 36 00:01:52,600 --> 00:01:55,880 Speaker 1: who have clashed publicly over their political agendas, but are 37 00:01:55,920 --> 00:01:58,640 Speaker 1: seeking to determine if they can work together. Their talks 38 00:01:58,680 --> 00:02:00,880 Speaker 1: on high stakes for the government of the capital of 39 00:02:00,960 --> 00:02:04,360 Speaker 1: global finance and for their respective political parties. Ahead of 40 00:02:04,360 --> 00:02:08,840 Speaker 1: next year's midterm elections. US officials are having early discussions 41 00:02:08,840 --> 00:02:11,120 Speaker 1: on whether to let Nvidia sell its H two hundred 42 00:02:11,200 --> 00:02:15,120 Speaker 1: artificial intelligence chips to China. This according to people familiar 43 00:02:15,160 --> 00:02:19,400 Speaker 1: with the matter. Megan O'Sullivan, former Deputy National Security Advisor 44 00:02:19,480 --> 00:02:23,160 Speaker 1: under the George W. Bush administration, says possible deals like 45 00:02:23,240 --> 00:02:24,640 Speaker 1: this concern Washington. 46 00:02:24,800 --> 00:02:27,400 Speaker 2: Some of this goes to how far ahead you think 47 00:02:27,480 --> 00:02:31,320 Speaker 2: China is. Is it actually very close to reaching or 48 00:02:31,360 --> 00:02:34,120 Speaker 2: matching the US capability when it comes to these chips 49 00:02:34,120 --> 00:02:36,440 Speaker 2: and it comes to the development of AI, And if 50 00:02:36,440 --> 00:02:39,480 Speaker 2: you think it is right on America's heels, then maybe 51 00:02:39,520 --> 00:02:43,560 Speaker 2: you think allowing them to import very high end chips 52 00:02:43,880 --> 00:02:46,160 Speaker 2: is not going to change the landscape very much. 53 00:02:46,560 --> 00:02:48,919 Speaker 1: You can hear more from Megan O'Sullivan on the Bloomberg 54 00:02:48,960 --> 00:02:52,239 Speaker 1: Balance of Power podcast. President Trump's team has held internal 55 00:02:52,320 --> 00:02:55,680 Speaker 1: talks about H two hundred chip shipments in recent days. 56 00:02:55,960 --> 00:02:58,600 Speaker 1: No final decision has been made. If approved, the H 57 00:02:58,639 --> 00:03:01,919 Speaker 1: two hundred move would constantly to significant easing of US 58 00:03:02,000 --> 00:03:06,639 Speaker 1: trade restrictions designed to curtail China's prowess and artificial intelligence. 59 00:03:07,360 --> 00:03:10,000 Speaker 1: Boston Fed President Susan Collins is a guest on the 60 00:03:10,040 --> 00:03:14,600 Speaker 1: latest edition of the Bloomberg Oddlots podcast, where she discusses 61 00:03:14,639 --> 00:03:16,080 Speaker 1: the path forward for the FED. 62 00:03:16,400 --> 00:03:19,639 Speaker 3: If we were seeing evidence, if I were seeing evidence 63 00:03:19,680 --> 00:03:23,720 Speaker 3: that the labor market were notably deteriorating, I would take 64 00:03:23,760 --> 00:03:28,320 Speaker 3: that very seriously, and that certainly could justify, you know, 65 00:03:28,600 --> 00:03:32,320 Speaker 3: mere term additional easing, and so careful to kind of 66 00:03:32,360 --> 00:03:35,160 Speaker 3: qualify my statements based on what I'm seeing at the 67 00:03:35,240 --> 00:03:38,240 Speaker 3: moment that it is based on balancing risks. 68 00:03:38,640 --> 00:03:42,040 Speaker 1: That's Boston FED President Susan Cullins. Get the full conversation 69 00:03:42,120 --> 00:03:46,400 Speaker 1: on the Bloomberg Oddlots podcast downloaded wherever you get your podcasts. 70 00:03:46,920 --> 00:03:50,720 Speaker 1: President Vladimir Zelenski says Ukraine risks losing its key partner 71 00:03:50,760 --> 00:03:53,520 Speaker 1: after the US threatened to cut off support unless Kieve 72 00:03:53,560 --> 00:03:55,560 Speaker 1: agrees to a peace deal that would force it to 73 00:03:55,680 --> 00:03:58,880 Speaker 1: seed territory to Russia, cap the size of its military, 74 00:03:59,040 --> 00:04:02,800 Speaker 1: and pledge never to join NATO. In a video addressed 75 00:04:02,800 --> 00:04:05,280 Speaker 1: to his nation on Friday, after he was presented with 76 00:04:05,360 --> 00:04:07,840 Speaker 1: a twenty eight point piece plan drafted by the US 77 00:04:07,920 --> 00:04:11,400 Speaker 1: and Russia, Zelenski said Ukraine may face a hard choice 78 00:04:11,560 --> 00:04:13,760 Speaker 1: either the loss of our dignity or the loss of 79 00:04:13,760 --> 00:04:17,159 Speaker 1: our key partner. Kiev's biggest European allies have lined up 80 00:04:17,200 --> 00:04:19,839 Speaker 1: with Zelenski to push back against the elements of the 81 00:04:19,880 --> 00:04:22,680 Speaker 1: plan which would force Ukraine to give up large chunks 82 00:04:22,680 --> 00:04:25,599 Speaker 1: of territory taken by Russia, acceding to many of President 83 00:04:25,680 --> 00:04:30,679 Speaker 1: Vladimir Putin's wartime demands. Billionaire investor Bill Ackman is preparing 84 00:04:30,680 --> 00:04:33,400 Speaker 1: a public listing of his hedge fund company, Pershing Square 85 00:04:33,440 --> 00:04:36,560 Speaker 1: Capital Management, in a stock market debut that could come 86 00:04:36,600 --> 00:04:40,159 Speaker 1: early next year. Akman had told some existing investors in 87 00:04:40,160 --> 00:04:43,560 Speaker 1: his twenty one billion dollars in assets hedge fund and 88 00:04:43,640 --> 00:04:46,480 Speaker 1: begun speaking with advisors about the listing plans. There's some 89 00:04:46,600 --> 00:04:48,920 Speaker 1: two people briefed on the matter. The listing could come 90 00:04:48,960 --> 00:04:51,200 Speaker 1: as early as the first quarter of twenty twenty six. 91 00:04:51,480 --> 00:04:53,440 Speaker 1: The people cautioned, though that the talks were at a 92 00:04:53,440 --> 00:04:56,680 Speaker 1: preliminary stage and could ultimately be delayed or not lead 93 00:04:56,680 --> 00:05:00,160 Speaker 1: to a public offering, depending on market conditions. Pershing Square 94 00:05:00,160 --> 00:05:02,839 Speaker 1: declined to comment. The Friday numbers on Wall Street, the 95 00:05:02,880 --> 00:05:05,560 Speaker 1: Dow added four ninety three, that's just over one percent. 96 00:05:06,000 --> 00:05:08,039 Speaker 1: Nasdaq was up one ninety five, The S and P 97 00:05:08,160 --> 00:05:11,280 Speaker 1: gained sixty four. The ten year treasury yields at four 98 00:05:11,320 --> 00:05:14,039 Speaker 1: point zero six percent, the two year at three point 99 00:05:14,080 --> 00:05:17,120 Speaker 1: five zero percent. That's news when you want it with 100 00:05:17,200 --> 00:05:21,640 Speaker 1: Bloomberg News. Now I'm in Kleggy. This is Bloomberg