1 00:00:00,120 --> 00:00:07,080 Speaker 1: Bloomberg Audio Studios, podcasts, Radio News. 2 00:00:10,039 --> 00:00:10,600 Speaker 2: Good morning. 3 00:00:10,640 --> 00:00:13,480 Speaker 3: I'm Nathan Hager and I'm Karen Moscow. Here are the 4 00:00:13,520 --> 00:00:14,960 Speaker 3: stories we're following today. 5 00:00:15,120 --> 00:00:17,280 Speaker 2: Karen, we begin with what appears to be a major 6 00:00:17,360 --> 00:00:22,000 Speaker 2: security breach within President Trump's inner circle. A prominent Washington journalist, 7 00:00:22,040 --> 00:00:25,360 Speaker 2: Atlantic Editor in chief Jeffrey Goldberg, says he was included 8 00:00:25,440 --> 00:00:28,440 Speaker 2: in a high level text thread about plans to bomb 9 00:00:28,600 --> 00:00:31,960 Speaker 2: Hoo they targets in Yemen hours before the operation was 10 00:00:32,000 --> 00:00:35,120 Speaker 2: carried out. Goldberg wrote a thirty five hundred word piece 11 00:00:35,159 --> 00:00:38,160 Speaker 2: about it in the Atlantic and discussed it with ABC News. 12 00:00:38,760 --> 00:00:41,960 Speaker 4: I get a message request to connect with Mike Waltz, 13 00:00:42,200 --> 00:00:45,400 Speaker 4: who's a national security advisor or someone who's purporting to 14 00:00:45,400 --> 00:00:49,319 Speaker 4: be Mike Waltz. Not an unusual thing in Washington. I'm 15 00:00:49,320 --> 00:00:51,920 Speaker 4: a journalist. I've met him in the past, so I 16 00:00:51,920 --> 00:00:52,440 Speaker 4: accept it. 17 00:00:52,680 --> 00:00:56,480 Speaker 2: Jeffrey Goldberg says the chat on signal included operational details 18 00:00:56,480 --> 00:01:00,480 Speaker 2: from Defense Secretary Pete Hegseth, including information about targets, weapons, 19 00:01:00,520 --> 00:01:03,520 Speaker 2: and attack sequencing. It also revealed some of the Trump 20 00:01:03,560 --> 00:01:07,480 Speaker 2: administration's internal power dynamics. At one point, Vice President JD. 21 00:01:07,600 --> 00:01:10,360 Speaker 2: Vance signaled he opposed the strikes, only to be shot 22 00:01:10,400 --> 00:01:13,760 Speaker 2: down by an account labeled sm Apparently White House Deputy 23 00:01:13,800 --> 00:01:15,720 Speaker 2: Chief of Staff Stephen Miller. 24 00:01:15,920 --> 00:01:18,760 Speaker 3: Well Nathan the White House National Security Council says the 25 00:01:18,800 --> 00:01:22,919 Speaker 3: text chain appears authentic and they're reviewing how an inadvertent 26 00:01:22,959 --> 00:01:26,080 Speaker 3: phone number was added to the signaled chat. Defense Secretary 27 00:01:26,120 --> 00:01:30,039 Speaker 3: Pete Hegseth says national security was not put at risk. 28 00:01:30,400 --> 00:01:35,440 Speaker 2: I've heard it was characterized nobody was texting war plans, 29 00:01:35,440 --> 00:01:36,720 Speaker 2: and that's all I have to say about that. 30 00:01:37,080 --> 00:01:40,399 Speaker 3: Defense Secretary Hegseeth spoke to reporters in Hawaii, and the 31 00:01:40,400 --> 00:01:43,920 Speaker 3: White House says President Trump has utmost confidence in his team, 32 00:01:44,200 --> 00:01:48,080 Speaker 3: including National Security Director Mike Walls. But the breach has 33 00:01:48,120 --> 00:01:52,280 Speaker 3: Democrats in Congress calling for hearings, including Colorado's Jason Crowe. 34 00:01:52,400 --> 00:01:55,560 Speaker 4: The House Intelligence Committee has our Worldwide Threats hearing on Wednesday, 35 00:01:55,600 --> 00:01:56,920 Speaker 4: and you bet there's gonna be a lot of questions 36 00:01:56,960 --> 00:01:57,320 Speaker 4: about this. 37 00:01:57,800 --> 00:01:59,559 Speaker 2: Well, it still remains to be seen what will actually 38 00:01:59,600 --> 00:02:01,960 Speaker 2: happen in Congress. If anything, we get more on that 39 00:02:02,000 --> 00:02:04,760 Speaker 2: from Bloomberg New Senior editor Derek Wallbank on. 40 00:02:04,680 --> 00:02:08,360 Speaker 5: The political side, is going to put Congressional Republicans in 41 00:02:08,480 --> 00:02:10,720 Speaker 5: one world of a mind, because they have so far 42 00:02:10,880 --> 00:02:15,000 Speaker 5: in the second Trump administration not had any appetite really 43 00:02:15,080 --> 00:02:17,760 Speaker 5: at all to try and check the White House, as 44 00:02:17,800 --> 00:02:20,959 Speaker 5: the White House has gone about doing exactly what it wants. Remember, 45 00:02:21,000 --> 00:02:25,320 Speaker 5: Republicans have unfettered control of Washington just about and all 46 00:02:25,400 --> 00:02:31,000 Speaker 5: of the Congressional committees that would lead potential investigations into 47 00:02:31,040 --> 00:02:34,000 Speaker 5: something of this nature are run by Republicans. At the 48 00:02:34,000 --> 00:02:38,720 Speaker 5: same time Democrats are braying for consequences, they see an 49 00:02:38,760 --> 00:02:41,680 Speaker 5: opportunity to move on to the front foot politically after 50 00:02:41,840 --> 00:02:44,080 Speaker 5: being really on the back foot for the entirety of 51 00:02:44,080 --> 00:02:45,440 Speaker 5: this administration to date. 52 00:02:45,919 --> 00:02:49,639 Speaker 2: Bloomberg's Derek Wallbank notes even harmless leaks and other agencies 53 00:02:49,680 --> 00:02:52,840 Speaker 2: have led to investigations in the FBI or from Inspectors 54 00:02:52,880 --> 00:02:54,079 Speaker 2: General Nathan. 55 00:02:54,120 --> 00:02:57,360 Speaker 3: Futures are lower after yesterday's big gains on Wall Street. 56 00:02:57,440 --> 00:02:59,840 Speaker 3: Stocks registered one of their best sessions of the year, 57 00:03:00,000 --> 00:03:02,480 Speaker 3: with the Nasdaq one hundred adding two point two percent. 58 00:03:02,760 --> 00:03:06,200 Speaker 3: Amid signs US trade sanctions will be narrower than feared, 59 00:03:06,520 --> 00:03:09,320 Speaker 3: President Trump also hinted that he may give some countries 60 00:03:09,360 --> 00:03:13,240 Speaker 3: a break on impending reciprocal tariffs. We may take less 61 00:03:13,280 --> 00:03:15,880 Speaker 3: than what they're charging because they've charged us so much, I. 62 00:03:15,840 --> 00:03:16,960 Speaker 6: Don't think they could take it. 63 00:03:17,240 --> 00:03:20,320 Speaker 4: In other words, they've charged us so much that I'm 64 00:03:20,360 --> 00:03:22,880 Speaker 4: embarrassed to charge them what they've charged us. 65 00:03:23,000 --> 00:03:26,120 Speaker 5: But it'll be substantial and you'll be hearing about that. 66 00:03:26,200 --> 00:03:30,600 Speaker 3: On April second, intermarkser here on Bloomberg, Trump did say 67 00:03:30,639 --> 00:03:34,040 Speaker 3: he will announce tariffs on automobile imports in the coming days. 68 00:03:34,160 --> 00:03:36,160 Speaker 2: Now, the latest stun efforts to end the war Ukraine, 69 00:03:36,240 --> 00:03:39,160 Speaker 2: karen Us and Russian officials held twelve hours of talks 70 00:03:39,200 --> 00:03:41,840 Speaker 2: in Saudi Arabia yesterday, and the two sides are expected 71 00:03:41,880 --> 00:03:45,080 Speaker 2: to release a statement detailing their progress. Ukraine's President Vladimir 72 00:03:45,200 --> 00:03:48,320 Speaker 2: Zelenski says strong measures will be needed to keep Russia 73 00:03:48,360 --> 00:03:49,240 Speaker 2: on the path of peace. 74 00:03:50,960 --> 00:03:54,440 Speaker 7: We need a movement towards real peace, towards guaranteed security, 75 00:03:54,720 --> 00:03:57,960 Speaker 7: and we all need this in Ukraine and Europe and America, 76 00:03:58,240 --> 00:04:01,320 Speaker 7: everyone in the world who wants peace and international relations. 77 00:04:01,960 --> 00:04:04,400 Speaker 7: Russia is the only entity that is dragging out this 78 00:04:04,480 --> 00:04:07,360 Speaker 7: war and mocking our people and the whole world. And 79 00:04:07,440 --> 00:04:12,120 Speaker 7: to pressure Russia towards peace, strong things, strong steps are needed. 80 00:04:12,280 --> 00:04:15,400 Speaker 2: It was Ukraine's President vladimir's Alenski, speaking through an interpreter. 81 00:04:15,560 --> 00:04:18,640 Speaker 2: Zelenski and President Trump still have not signed a pact 82 00:04:18,720 --> 00:04:21,640 Speaker 2: to give the US part ownership of Ukraine's natural resources. 83 00:04:22,000 --> 00:04:24,039 Speaker 3: Well, we turned to the economy now, Nathan, and the 84 00:04:24,080 --> 00:04:27,679 Speaker 3: head of the Atlanta FED, Rafael Bostick tells Bloomberg's Michael 85 00:04:27,760 --> 00:04:31,320 Speaker 3: McKee that he sees just one rate cuttage likely this 86 00:04:31,400 --> 00:04:36,119 Speaker 3: year rather than cho with tariff's impeding progress on disinflation. 87 00:04:36,120 --> 00:04:39,200 Speaker 8: So I was a too. I moved to one mainly 88 00:04:39,240 --> 00:04:41,960 Speaker 8: because I think we're going to see inflation be very 89 00:04:42,000 --> 00:04:45,120 Speaker 8: bumpy and not moved dramatically and in a clear way 90 00:04:45,160 --> 00:04:48,239 Speaker 8: to the two percent target, because that's being pushed back. 91 00:04:48,720 --> 00:04:51,480 Speaker 8: I think the appropriate path for policy is also going 92 00:04:51,560 --> 00:04:53,200 Speaker 8: to have to be pushed back and getting us to 93 00:04:53,240 --> 00:04:53,960 Speaker 8: that neutral level. 94 00:04:54,560 --> 00:04:57,760 Speaker 3: And Atlanta FED chief Rafael Bosstik now sees price growth 95 00:04:57,800 --> 00:05:00,560 Speaker 3: returning to the Fed's two percent goal one point in 96 00:05:00,600 --> 00:05:03,640 Speaker 3: early twenty twenty seven. Here the full conversation on the 97 00:05:03,680 --> 00:05:06,479 Speaker 3: Bloomberg Talks podcast feed, or watch it on the Bloomberg 98 00:05:06,520 --> 00:05:08,320 Speaker 3: Podcast page on YouTube. 99 00:05:08,480 --> 00:05:11,680 Speaker 2: In company news, Karen Bowing reportedly wants to withdraw its 100 00:05:11,720 --> 00:05:15,280 Speaker 2: deal with US prosecutors to plead guilty to misleading regulators 101 00:05:15,320 --> 00:05:18,240 Speaker 2: prior to two deadly seven thirty seven Max crashes. The 102 00:05:18,279 --> 00:05:21,039 Speaker 2: Wall Street Journal is reporting the Planemaker is pursuing the 103 00:05:21,080 --> 00:05:24,159 Speaker 2: maneuver in a bid for potential leniency from the Trump administration, 104 00:05:24,240 --> 00:05:27,479 Speaker 2: which is reviewing pending white collar criminal cases on. 105 00:05:27,520 --> 00:05:31,680 Speaker 3: The battle for electric vehicle supremacy. Nathan and China's b 106 00:05:31,839 --> 00:05:37,000 Speaker 3: whyd's sales last year leapfrogging elon Musk. Tesla BYD's sales 107 00:05:37,080 --> 00:05:40,159 Speaker 3: last year surpassed the one hundred billion dollar mark, beating 108 00:05:40,200 --> 00:05:44,000 Speaker 3: Tesla by more than two billion. Still, ARC Investment Management's 109 00:05:44,080 --> 00:05:47,040 Speaker 3: Kathy Wood remains bullish on Tesla. She spoke with The 110 00:05:47,040 --> 00:05:50,880 Speaker 3: Bloomberg at the HSBC Global Investment Summit in Hong Kong. 111 00:05:51,240 --> 00:05:56,760 Speaker 9: Within that Drogo taxis will account for ninety percent of 112 00:05:56,920 --> 00:06:00,480 Speaker 9: the value of the company in five years, and we're 113 00:06:00,480 --> 00:06:04,320 Speaker 9: on record on record saying we believe in in five 114 00:06:04,400 --> 00:06:07,960 Speaker 9: years the stock will hit twenty six hundred dollars. 115 00:06:08,360 --> 00:06:10,960 Speaker 3: If Tesla hits Kathy Wood stock price, that would be 116 00:06:10,960 --> 00:06:17,320 Speaker 3: about ten times more than its current price. And it's 117 00:06:17,360 --> 00:06:18,560 Speaker 3: time now for a look at some of the other 118 00:06:18,640 --> 00:06:20,880 Speaker 3: stories making news in New York and around the world, 119 00:06:20,920 --> 00:06:23,479 Speaker 3: and for that we're joined by Bloomberg's Michael Barr Michael, 120 00:06:23,480 --> 00:06:24,240 Speaker 3: good Morning. 121 00:06:24,040 --> 00:06:27,200 Speaker 10: Good morning, Karen. The Trump administration is challenging the court 122 00:06:27,320 --> 00:06:30,159 Speaker 10: order by a federal judge that aimed to halt the 123 00:06:30,200 --> 00:06:34,719 Speaker 10: deportation of Venezuelan migrants to El Salvador. Yesterday, a DC 124 00:06:35,040 --> 00:06:39,120 Speaker 10: Circuit Court of Appeals heard their case. Judge James Boseberg's 125 00:06:39,240 --> 00:06:43,080 Speaker 10: order was not followed by Trump administration officials, and hundreds 126 00:06:43,080 --> 00:06:46,120 Speaker 10: of migrants are at a prison in El Salvador. The 127 00:06:46,160 --> 00:06:49,800 Speaker 10: Trump administration claimed it was justified to porting the migrants 128 00:06:49,839 --> 00:06:53,240 Speaker 10: because of gang affiliations. During the hearing, one of the 129 00:06:53,320 --> 00:06:57,039 Speaker 10: judges on the three judge panel, Patricia Millet Grill DOJ 130 00:06:57,279 --> 00:07:00,360 Speaker 10: Deputy Assistant Attorney General, drew insane. 131 00:07:00,440 --> 00:07:03,119 Speaker 6: People weren't given notice, they weren't told where they were going. 132 00:07:03,880 --> 00:07:06,359 Speaker 6: They were given Those people on those plans on that 133 00:07:06,440 --> 00:07:11,720 Speaker 6: Saturday had no opportunity to file habeas or any type 134 00:07:11,720 --> 00:07:15,080 Speaker 6: of action to challenge the removal under the AEA. And 135 00:07:15,160 --> 00:07:18,400 Speaker 6: like you've agreed that two of those airplanes people were 136 00:07:18,440 --> 00:07:20,280 Speaker 6: removed under the AEA. 137 00:07:20,440 --> 00:07:23,239 Speaker 10: Judge Millard went on to say Nazi's got better treatment 138 00:07:23,320 --> 00:07:26,840 Speaker 10: under the Alien Enemies Act. The United Nations says it 139 00:07:26,920 --> 00:07:30,240 Speaker 10: will lessen its presence in the Gaza strip. The move 140 00:07:30,360 --> 00:07:33,040 Speaker 10: following an Israeli tank strike that hit one of its 141 00:07:33,080 --> 00:07:36,920 Speaker 10: compounds last week, killing one stafford from Bulgaria and wounding 142 00:07:36,960 --> 00:07:41,880 Speaker 10: five other employees. United Nations spokesperson Stefan du Jark. 143 00:07:42,160 --> 00:07:46,120 Speaker 11: The Secretary General has taken the difficult decision to reduce 144 00:07:46,480 --> 00:07:50,480 Speaker 11: the United Nations footprint in Gaza, even as humanitarian needs 145 00:07:50,480 --> 00:07:55,200 Speaker 11: sore and our concerned over the protection of civilians intensifies. 146 00:07:56,240 --> 00:08:00,200 Speaker 10: Meanwhile, Al Jazeera says an Israeli airstrike killed on its 147 00:08:00,280 --> 00:08:05,120 Speaker 10: journalist in Gaza. Monday today marks Equal Payday. It symbolizes 148 00:08:05,200 --> 00:08:07,800 Speaker 10: how far into the year a woman must work to 149 00:08:08,040 --> 00:08:11,080 Speaker 10: earn as much as a man earned in the previous year. 150 00:08:11,200 --> 00:08:14,080 Speaker 10: On average, the wage gap is even greater for women 151 00:08:14,080 --> 00:08:19,000 Speaker 10: of color and disabled women. The gender justice nonprofit Equal 152 00:08:19,080 --> 00:08:23,440 Speaker 10: Rights Advocates says that it's widened last year, and it 153 00:08:23,560 --> 00:08:26,400 Speaker 10: warns that it could get even worse as Trump administration 154 00:08:26,480 --> 00:08:31,400 Speaker 10: officials try to strip away protections from workplace discrimination. National 155 00:08:31,440 --> 00:08:34,040 Speaker 10: campaign director Deborah of Agents, we. 156 00:08:34,160 --> 00:08:38,240 Speaker 3: Are pushing back on the administration's gutting of civil rights 157 00:08:38,400 --> 00:08:44,240 Speaker 3: enforcement agencies, the very agencies that protect us from implant Discrimination. 158 00:08:44,960 --> 00:08:48,520 Speaker 10: National Campaign Director Deborah Veagan says women earn about seventy 159 00:08:48,520 --> 00:08:51,080 Speaker 10: five cents on the dollar when compared to all men. 160 00:08:51,559 --> 00:08:54,120 Speaker 10: Global news twenty four hours a day and whenever you 161 00:08:54,160 --> 00:08:56,720 Speaker 10: want it with Bloomberg News Now Michael Barr, and this 162 00:08:56,920 --> 00:08:57,559 Speaker 10: is Bloomberg. 163 00:08:57,640 --> 00:08:57,920 Speaker 5: Karen. 164 00:08:58,120 --> 00:09:05,000 Speaker 3: All right, Michael Barr, thank you time now for the 165 00:09:05,040 --> 00:09:08,040 Speaker 3: Bloomberg Sports Update, brought to you by Tri State Outie. 166 00:09:08,080 --> 00:09:10,040 Speaker 3: Here's John stash Hour, John, good. 167 00:09:09,880 --> 00:09:12,240 Speaker 12: Morning, Good morning Caring. It's a race to the finish 168 00:09:12,280 --> 00:09:14,800 Speaker 12: of the NHL regular season for the last playoff spot 169 00:09:14,800 --> 00:09:16,880 Speaker 12: in the East. As it now it belongs to Montreal, 170 00:09:17,040 --> 00:09:20,880 Speaker 12: with the Rangers and Islanders right behind. Canadians at seventy 171 00:09:20,920 --> 00:09:22,880 Speaker 12: five points have a game tonight in Saint Louis. The 172 00:09:22,960 --> 00:09:26,720 Speaker 12: Rangers at seventy four. They begin a three game California 173 00:09:26,760 --> 00:09:29,320 Speaker 12: trip tonight in La. The Islanders are at seventy four. 174 00:09:29,760 --> 00:09:32,319 Speaker 12: They hosted Columbus at leeds of two nothing to three 175 00:09:32,320 --> 00:09:34,599 Speaker 12: to two, lost four to three in a shootout. The 176 00:09:34,640 --> 00:09:36,959 Speaker 12: Devil's also at home, also lost four to three in 177 00:09:37,000 --> 00:09:39,439 Speaker 12: a shootout to Vancouver. The Nets at Berkleys lost to 178 00:09:39,559 --> 00:09:42,120 Speaker 12: Dallas one twenty to one oh one. The MAVs are 179 00:09:42,120 --> 00:09:44,120 Speaker 12: at the Garden tonight to face the Knicks, who are 180 00:09:44,480 --> 00:09:47,240 Speaker 12: hoping to get Jalen Brunson back soon for the sprained ankle, 181 00:09:47,280 --> 00:09:50,880 Speaker 12: and the Celtics win at Sacramento, Jason Tatum sprained his 182 00:09:50,920 --> 00:09:54,040 Speaker 12: ankle the NCAA Women's turning the star player for top 183 00:09:54,080 --> 00:09:58,360 Speaker 12: seed at usc Juju Watkins tore her acl She averages 184 00:09:58,400 --> 00:10:01,080 Speaker 12: twenty five points a game. The Yukon Star page. Becker's 185 00:10:01,440 --> 00:10:03,280 Speaker 12: t had a career I thirty four points in the 186 00:10:03,320 --> 00:10:05,160 Speaker 12: huskies easy win. The Mets after a game with the 187 00:10:05,240 --> 00:10:08,680 Speaker 12: Yankees in Fort Saint Lucy, now off to Houston for 188 00:10:08,760 --> 00:10:12,120 Speaker 12: Opening Day Thursday. One Sodo's got a fifteen year Mets contract, 189 00:10:12,160 --> 00:10:13,840 Speaker 12: Excited to start his first season. 190 00:10:14,480 --> 00:10:16,600 Speaker 1: See, we have a really tied the group. 191 00:10:16,760 --> 00:10:17,760 Speaker 7: We have a lot of guys. 192 00:10:17,800 --> 00:10:19,520 Speaker 4: We have a lot of hotfielders, we have a lot 193 00:10:19,559 --> 00:10:20,160 Speaker 4: of anfielders. 194 00:10:20,200 --> 00:10:21,640 Speaker 3: So I think we are. 195 00:10:21,559 --> 00:10:23,559 Speaker 10: Really loaded as a team. 196 00:10:24,000 --> 00:10:26,040 Speaker 1: Can't waiting to see these guys that is going out there. 197 00:10:27,440 --> 00:10:29,560 Speaker 7: Definitely, we have to go through some fat cities and 198 00:10:29,600 --> 00:10:32,199 Speaker 7: the spring training and so dealing with some injuries and 199 00:10:32,200 --> 00:10:33,880 Speaker 7: stuff like that, but I think we're going to be fine. 200 00:10:34,080 --> 00:10:36,560 Speaker 12: The Yankees finished the Spring Today in Miami, then come 201 00:10:36,600 --> 00:10:40,600 Speaker 12: home for Thursday's opener with Milwaukee John Stashaward. Bloomberg Sports 202 00:10:40,640 --> 00:10:41,480 Speaker 12: carry neither. 203 00:10:43,679 --> 00:10:47,760 Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 204 00:10:48,000 --> 00:10:50,840 Speaker 1: and around the world on Bloomberg dot Com and the 205 00:10:50,880 --> 00:10:53,959 Speaker 1: Bloomberg Business app. This is Bloomberg Daybreak. 206 00:10:54,120 --> 00:10:56,560 Speaker 2: Good morning. I'm Nathan Hager, and the White House appears 207 00:10:56,600 --> 00:10:59,360 Speaker 2: to be in damage control after Atlantic Magazine Editor in 208 00:10:59,440 --> 00:11:02,839 Speaker 2: chief jeff Free Goldberg posted a lengthy story saying he 209 00:11:03,040 --> 00:11:06,440 Speaker 2: was included in a high level text chain about plans 210 00:11:06,480 --> 00:11:09,400 Speaker 2: to attack the Houthis in Yemen. While the Whitehouse says 211 00:11:09,440 --> 00:11:13,079 Speaker 2: the messages in Goldberg's story of pure authentic, Defense Secretary 212 00:11:13,080 --> 00:11:16,840 Speaker 2: Pete Hegseth says, quote, nobody was texting war plans. 213 00:11:17,240 --> 00:11:20,840 Speaker 13: This is the guy the pedals in garbage. What he does. 214 00:11:21,679 --> 00:11:24,520 Speaker 2: I would love to comment on the hoothy campaign, and 215 00:11:24,559 --> 00:11:27,720 Speaker 2: that was Defense Secretary Pete Hegseth commenting in Hawaii after 216 00:11:27,760 --> 00:11:30,280 Speaker 2: this story broke in Washington, and we're joined now by 217 00:11:30,320 --> 00:11:34,199 Speaker 2: Bloomberg New Senior editor Bill Ferries. Bill from what Jeffrey 218 00:11:34,200 --> 00:11:37,000 Speaker 2: Goldberg is reporting in this lengthy story on the Atlantic 219 00:11:37,040 --> 00:11:39,800 Speaker 2: website it is difficult to say if we have seen 220 00:11:39,840 --> 00:11:41,160 Speaker 2: a breach like this before. 221 00:11:41,240 --> 00:11:43,760 Speaker 13: Good morning, Hey, good morning, Nathan. 222 00:11:43,880 --> 00:11:44,160 Speaker 10: Yeah. 223 00:11:44,200 --> 00:11:49,040 Speaker 13: Really just jaw dropping story there from Jeffrey Goldberg, just 224 00:11:49,280 --> 00:11:53,000 Speaker 13: you know, giving insights into how this signal group was 225 00:11:53,040 --> 00:11:56,880 Speaker 13: created and what they were discussing, not realizing that there 226 00:11:56,960 --> 00:12:01,120 Speaker 13: was a journalist invited into the group with them, and 227 00:12:01,280 --> 00:12:04,120 Speaker 13: Goldberg talks about how he wasn't sure if this was 228 00:12:04,200 --> 00:12:08,640 Speaker 13: you know, a hoax and attempt at fishing temp against 229 00:12:08,720 --> 00:12:12,560 Speaker 13: him or something else until he's sitting in the parking 230 00:12:12,559 --> 00:12:16,360 Speaker 13: lot after hearing that strikes are about to be unleashed 231 00:12:16,360 --> 00:12:19,280 Speaker 13: on Yemen and he's waiting and waiting, and then goes 232 00:12:19,320 --> 00:12:22,880 Speaker 13: on to Twitter to see the first reports confirming that 233 00:12:23,040 --> 00:12:26,880 Speaker 13: basically everything he'd been seeing unspool on his signal app 234 00:12:27,720 --> 00:12:32,680 Speaker 13: was true. So really shocking breach of security norms and 235 00:12:32,720 --> 00:12:36,240 Speaker 13: also a huge embarrassment for an administration that has really 236 00:12:36,320 --> 00:12:39,640 Speaker 13: kind of campaigned and tried to well. I was taken 237 00:12:39,720 --> 00:12:42,280 Speaker 13: pride in what it says is it's you know, strong, 238 00:12:42,800 --> 00:12:46,400 Speaker 13: strong position against security breaches. 239 00:12:46,679 --> 00:12:49,360 Speaker 2: I mean yeah, I mean it goes into the idea 240 00:12:49,440 --> 00:12:51,800 Speaker 2: that the Pentagon has said it was going to go 241 00:12:51,880 --> 00:12:55,199 Speaker 2: after leakers the last time there was I mean, there 242 00:12:55,200 --> 00:12:58,600 Speaker 2: wasn't an incident like this. But when details about Elon 243 00:12:58,720 --> 00:13:01,760 Speaker 2: Musk going to the Pentagon a meeting came out, Defense 244 00:13:01,800 --> 00:13:04,800 Speaker 2: Secretary heg Seth came out and said that they were 245 00:13:04,920 --> 00:13:06,880 Speaker 2: going to really go after the leakers. I mean, what 246 00:13:06,920 --> 00:13:08,559 Speaker 2: could that mean for this message? 247 00:13:09,440 --> 00:13:11,680 Speaker 13: Well, it's gonna you know, I think we're still going 248 00:13:11,760 --> 00:13:14,800 Speaker 13: to see the repercussions playing out, you know again, Yeah, 249 00:13:14,800 --> 00:13:18,439 Speaker 13: this administration. You know, this is a president who faced 250 00:13:18,840 --> 00:13:23,040 Speaker 13: charges of mishandling classified material at mar A Lago, who 251 00:13:23,160 --> 00:13:27,320 Speaker 13: ran against Hillary Clinton years ago partly on criticism of 252 00:13:27,360 --> 00:13:31,880 Speaker 13: her decision to use a private server. So it's been 253 00:13:31,920 --> 00:13:34,480 Speaker 13: a part of their DNA to say that they're strong 254 00:13:34,600 --> 00:13:39,840 Speaker 13: on classification and protecting national security. And to see this 255 00:13:39,920 --> 00:13:43,360 Speaker 13: happen with not just senior aids but really the most 256 00:13:43,400 --> 00:13:46,880 Speaker 13: senior aides and Marco Rubio is on their Defense Secretary 257 00:13:46,920 --> 00:13:50,520 Speaker 13: Pete heg Seth, Toulci Gabbard, the d and I it's 258 00:13:50,600 --> 00:13:53,040 Speaker 13: just really stunning, and I think it raises a lot 259 00:13:53,080 --> 00:13:57,040 Speaker 13: of big questions about has this happened before with other 260 00:13:57,120 --> 00:14:00,839 Speaker 13: people who were inadvertently invited into chat group? Why are 261 00:14:00,840 --> 00:14:06,920 Speaker 13: they discussing such sensitive information in a chat app like Signal. 262 00:14:07,040 --> 00:14:10,240 Speaker 13: I don't think it's any secret that Washington officials like 263 00:14:10,320 --> 00:14:12,920 Speaker 13: to use messaging apps, but you typically do it for 264 00:14:12,960 --> 00:14:18,120 Speaker 13: scheduling meetings and other kind of not top secret issues. 265 00:14:18,480 --> 00:14:21,520 Speaker 13: To go into battle plans is something really we haven't 266 00:14:21,520 --> 00:14:22,040 Speaker 13: seen before. 267 00:14:22,320 --> 00:14:26,080 Speaker 2: In the early moments here, Bill, we've seen sort of 268 00:14:26,080 --> 00:14:30,880 Speaker 2: circling the wagons around National Security Advisor Mike Waltz, who 269 00:14:30,960 --> 00:14:34,320 Speaker 2: Goldberg says invited him into this chat. But can we 270 00:14:34,360 --> 00:14:36,680 Speaker 2: see heads roll over this, or at least can we 271 00:14:36,720 --> 00:14:38,080 Speaker 2: see hearings over this? 272 00:14:39,000 --> 00:14:41,360 Speaker 13: I think for sure we're going to see hearings. I mean, 273 00:14:41,520 --> 00:14:45,040 Speaker 13: just by a remarkable stroke of timing. You know, you 274 00:14:45,120 --> 00:14:49,960 Speaker 13: have the heads of the intelligence agencies, including D and 275 00:14:50,040 --> 00:14:53,200 Speaker 13: I Gabbert expected up on the Hill twice this week 276 00:14:53,280 --> 00:14:56,920 Speaker 13: to talk about worldwide threats. But you're right, I think 277 00:14:56,960 --> 00:14:59,120 Speaker 13: there's gonna be a lot of questions about Mike Waltz. 278 00:14:59,160 --> 00:15:01,960 Speaker 13: I think the indications we're getting from the White House 279 00:15:02,000 --> 00:15:03,920 Speaker 13: is that they're going to see how this plays out. 280 00:15:04,400 --> 00:15:08,360 Speaker 13: He's already lasted longer than Donald Trump's first national security 281 00:15:08,360 --> 00:15:12,280 Speaker 13: advisor in his first term, Michael Flynn lasted but This 282 00:15:12,320 --> 00:15:14,920 Speaker 13: is a huge breach by the person who's seen as 283 00:15:15,160 --> 00:15:19,920 Speaker 13: supposed to be really the arbiter of the national security 284 00:15:20,200 --> 00:15:21,800 Speaker 13: agencies for the White House. 285 00:15:22,080 --> 00:15:24,440 Speaker 2: Just thirty seconds left. Bill, What could this mean for 286 00:15:24,480 --> 00:15:26,600 Speaker 2: information sharing among allies? 287 00:15:27,320 --> 00:15:28,680 Speaker 13: Yeah, I think it's going to raise a lot of 288 00:15:28,760 --> 00:15:32,480 Speaker 13: questions among other countries about what they can share and 289 00:15:32,880 --> 00:15:35,400 Speaker 13: with the US whether they can trust it. But the 290 00:15:35,400 --> 00:15:38,920 Speaker 13: reality is other countries, even a European allies, they rely 291 00:15:39,040 --> 00:15:43,320 Speaker 13: a lot more on US intelligence than the US relies 292 00:15:43,360 --> 00:15:46,040 Speaker 13: on them. So it will probably still be in their 293 00:15:46,040 --> 00:15:47,920 Speaker 13: benefit to share info, but I think it's going to 294 00:15:48,000 --> 00:15:50,240 Speaker 13: raise some questions about how much they share. 295 00:15:50,560 --> 00:15:53,960 Speaker 3: This is Bloomberg Daybreak, your morning podcast on the stories 296 00:15:54,040 --> 00:15:57,120 Speaker 3: making news from Wall Street to Washington and beyond. 297 00:15:57,320 --> 00:15:59,680 Speaker 2: Look for us on your podcast feed by six am 298 00:15:59,720 --> 00:16:03,160 Speaker 2: East each morning, on Apple, Spotify, or anywhere else you listen. 299 00:16:03,400 --> 00:16:06,240 Speaker 3: You can also listen live each morning starting at five 300 00:16:06,280 --> 00:16:08,880 Speaker 3: am Wall Street time on Bloomberg eleven three to zero 301 00:16:09,000 --> 00:16:11,880 Speaker 3: in New York, Bloomberg in ninety nine to one in Washington, 302 00:16:11,960 --> 00:16:15,880 Speaker 3: Bloomberg ninety two nine in Boston, and nationwide on serious 303 00:16:16,080 --> 00:16:17,800 Speaker 3: XM Channel one twenty one. 304 00:16:18,040 --> 00:16:20,800 Speaker 2: Plus listen coast to coast on the Bloomberg Business App 305 00:16:20,840 --> 00:16:23,640 Speaker 2: now with Apple CarPlay and Android Atto interfaces. 306 00:16:23,880 --> 00:16:26,880 Speaker 3: And don't forget to subscribe to Bloomberg News Now. It's 307 00:16:26,880 --> 00:16:29,640 Speaker 3: the latest news, whenever you want it in five minutes 308 00:16:29,720 --> 00:16:32,840 Speaker 3: or less. Search Bloomberg News Now on your favorite podcast 309 00:16:32,880 --> 00:16:37,040 Speaker 3: platform to stay informed all day long. I'm Karen Moscow. 310 00:16:36,840 --> 00:16:39,360 Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for 311 00:16:39,400 --> 00:16:41,320 Speaker 2: all the news you need to start your day right 312 00:16:41,360 --> 00:16:42,600 Speaker 2: here on Bloomberg Day. 313 00:16:42,680 --> 00:16:48,880 Speaker 7: Ray