1 00:00:00,960 --> 00:00:03,280 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,279 --> 00:00:07,560 Speaker 1: Doug Prisner. Federal prosecutors have opened a criminal investigation into 3 00:00:07,600 --> 00:00:10,480 Speaker 1: FED share J. Powell. This is over the fed's renovation 4 00:00:10,600 --> 00:00:14,000 Speaker 1: of its Washington, d C. Headquarters. Earlier tonight, The New 5 00:00:14,080 --> 00:00:17,040 Speaker 1: York Times reported a key issue is whether Powell lied 6 00:00:17,079 --> 00:00:20,040 Speaker 1: to Congress about the scope of the project. Well the 7 00:00:20,079 --> 00:00:23,480 Speaker 1: report prompted Powell to issue a video statement, in it 8 00:00:23,520 --> 00:00:26,800 Speaker 1: he said the FED had been served grand jury subpoenas 9 00:00:26,840 --> 00:00:30,680 Speaker 1: from the DOJ threatening a criminal indictment related to his 10 00:00:30,840 --> 00:00:35,600 Speaker 1: June congressional testimony. So Powell confirmed the subpoenas and called 11 00:00:35,640 --> 00:00:36,920 Speaker 1: them a pretext. 12 00:00:37,680 --> 00:00:40,360 Speaker 2: The threat of criminal charges is a consequence of the 13 00:00:40,400 --> 00:00:44,480 Speaker 2: Federal Reserve setting interest rates based on our best assessment 14 00:00:44,640 --> 00:00:47,440 Speaker 2: of what will serve the public, rather than following the 15 00:00:47,479 --> 00:00:48,839 Speaker 2: preferences of the President. 16 00:00:48,960 --> 00:00:52,080 Speaker 1: So far, there is no indictment, and Powell pushed back 17 00:00:52,120 --> 00:00:55,200 Speaker 1: against the administration's threats and ongoing pressure. 18 00:00:55,640 --> 00:00:59,480 Speaker 2: Public service sometimes requires standing firm in the face of threats. 19 00:01:00,520 --> 00:01:03,240 Speaker 2: I will continue to do the job the Senate confirmed 20 00:01:03,280 --> 00:01:06,920 Speaker 2: me to do with integrity and a commitment to serving 21 00:01:07,120 --> 00:01:08,040 Speaker 2: the American people. 22 00:01:08,160 --> 00:01:11,560 Speaker 1: That was Fedshair J. Powell. Now, A number of Senators 23 00:01:11,600 --> 00:01:15,600 Speaker 1: have responded to this probe, among them Republican Tom Tillis. 24 00:01:15,640 --> 00:01:18,360 Speaker 1: He came to the Fed's defense in a statement. Tilla 25 00:01:18,400 --> 00:01:21,440 Speaker 1: said he would oppose the confirmation of any nominee for 26 00:01:21,480 --> 00:01:26,520 Speaker 1: the FED, including the upcoming fedshare vacancy, until this legal 27 00:01:26,560 --> 00:01:30,360 Speaker 1: matter is fully resolved. At the same time, Massachusetts Democratic 28 00:01:30,360 --> 00:01:33,920 Speaker 1: Senator Elizabeth Warren said the Senate should not move forward 29 00:01:33,959 --> 00:01:37,560 Speaker 1: with any Trump nominee for the FED, including FED chair. 30 00:01:38,000 --> 00:01:41,720 Speaker 1: We go to Iran next, where nationwide anti government protests 31 00:01:41,720 --> 00:01:45,720 Speaker 1: have intensified, and President Trump has repeatedly threatened to strike 32 00:01:45,760 --> 00:01:51,040 Speaker 1: at Iran, suggesting America is back in the regime change business. Today, 33 00:01:51,320 --> 00:01:54,920 Speaker 1: Tehran warned both the US and Israel against any intervention. 34 00:01:55,480 --> 00:01:58,800 Speaker 1: Speaking to reporters today, Trump said the US is closely 35 00:01:58,960 --> 00:02:00,800 Speaker 1: monitoring protests in Iran. 36 00:02:01,240 --> 00:02:02,840 Speaker 3: We're looking at it very seriously. 37 00:02:02,920 --> 00:02:06,400 Speaker 4: The military is looking at it, and we're looking at 38 00:02:06,480 --> 00:02:08,600 Speaker 4: some very strong options. 39 00:02:08,639 --> 00:02:12,560 Speaker 1: That is President Trump. There were nationwide protests today against 40 00:02:12,680 --> 00:02:15,720 Speaker 1: ICE across the US after an agent shot and killed 41 00:02:15,720 --> 00:02:19,680 Speaker 1: Rene Nicole Good last week in Minneapolis. Also today, Homeland 42 00:02:19,720 --> 00:02:23,840 Speaker 1: Security Secretary Christi Nomes said hundreds more federal agents are 43 00:02:23,880 --> 00:02:27,959 Speaker 1: being deployed to Minneapolis. Here is Nomes speaking to Fox News. 44 00:02:28,360 --> 00:02:31,520 Speaker 5: So we're sending more officers today and tomorrow they'll arrive. 45 00:02:31,600 --> 00:02:35,160 Speaker 5: There'll be hundreds more in order to allow our ice 46 00:02:35,320 --> 00:02:39,600 Speaker 5: and our Border patrol individuals that are working in Minneapolis 47 00:02:39,600 --> 00:02:42,799 Speaker 5: to do so safely. We're going to continue to if 48 00:02:42,840 --> 00:02:46,519 Speaker 5: they conduct violent activities against law enforcement, if they impede 49 00:02:46,520 --> 00:02:49,680 Speaker 5: our operations, that's a crime, and we will hold them 50 00:02:49,720 --> 00:02:51,240 Speaker 5: accountable to those consequences. 51 00:02:51,280 --> 00:02:55,000 Speaker 1: Homeland Security Secretary Christie Nomes speaking there to Fox News. 52 00:02:55,600 --> 00:02:59,040 Speaker 1: Late last week, the Trump administration met with oil executives 53 00:02:59,040 --> 00:03:03,239 Speaker 1: to discuss reabs building Venezuela's oil industry, and today US 54 00:03:03,440 --> 00:03:07,480 Speaker 1: Energy Secretary Chris Right told CBS Face the Nation there's 55 00:03:07,520 --> 00:03:11,440 Speaker 1: a real possibility American businesses will take a financial stake 56 00:03:11,919 --> 00:03:13,760 Speaker 1: in Venezuela's oil industry. 57 00:03:14,200 --> 00:03:17,440 Speaker 4: Today, we are running the sale of their cruds. You know, 58 00:03:17,880 --> 00:03:21,120 Speaker 4: we have a quarantine around their ability to ship oil 59 00:03:21,160 --> 00:03:25,399 Speaker 4: outside of Venezuela. All of that goes through American crued marketers, 60 00:03:25,680 --> 00:03:27,720 Speaker 4: and then that crud goes out of the market. We 61 00:03:27,800 --> 00:03:30,640 Speaker 4: collect those funds and bring them back to Venezuela to 62 00:03:30,720 --> 00:03:34,600 Speaker 4: better the lives of Americans and Venezuelans. But in the 63 00:03:34,760 --> 00:03:37,720 Speaker 4: long run, what will happen with Venezuelan oil resources. Yeah, 64 00:03:37,760 --> 00:03:41,720 Speaker 4: of course, quite likely. You'll see American companies expanded presence there. 65 00:03:41,800 --> 00:03:42,960 Speaker 4: You'll see growing production. 66 00:03:43,200 --> 00:03:46,560 Speaker 1: US Energy Secretary Chris Right speaking on CBS Face the 67 00:03:46,640 --> 00:03:48,880 Speaker 1: Nation at the same time today, in a post on 68 00:03:48,960 --> 00:03:52,960 Speaker 1: truth Social President Trump said Cuba will no longer get 69 00:03:53,000 --> 00:03:56,600 Speaker 1: oil or money from Venezuela. Trump also said he is 70 00:03:56,600 --> 00:04:00,480 Speaker 1: planning to meet with Venezuelan opposition leader Maria Corina Chatto 71 00:04:00,720 --> 00:04:03,880 Speaker 1: later in the week. We go to Mississippi next, where 72 00:04:03,920 --> 00:04:07,480 Speaker 1: officials have arrested a suspect on suspicion of setting fire 73 00:04:07,600 --> 00:04:11,200 Speaker 1: to the state's largest synagogue. Authority say the suspect has 74 00:04:11,240 --> 00:04:15,400 Speaker 1: been charged with arson. Here is Jackson Police Chief Tyree Jones. 75 00:04:16,200 --> 00:04:18,880 Speaker 4: Once they got inside and the fire was extinguished, at 76 00:04:18,920 --> 00:04:21,440 Speaker 4: that time, they could not determine the origin and the 77 00:04:21,440 --> 00:04:24,320 Speaker 4: calls of the fire, so they requested a fire investigator 78 00:04:24,360 --> 00:04:24,800 Speaker 4: to come out. 79 00:04:25,040 --> 00:04:28,360 Speaker 1: Jackson Police Chief Tyree Jones now the fire did damage 80 00:04:28,360 --> 00:04:32,800 Speaker 1: an administrative office and a synagogue library, destroying or damaging 81 00:04:32,880 --> 00:04:37,120 Speaker 1: several torahs, but no congregants were injured. Officials have not 82 00:04:37,279 --> 00:04:41,720 Speaker 1: identified the suspect or disclosed a motive. In New York City, 83 00:04:41,760 --> 00:04:45,160 Speaker 1: more than sixteen thousand nurses at city hospitals are set 84 00:04:45,200 --> 00:04:48,279 Speaker 1: to strike on Monday. If their union does not reach 85 00:04:48,320 --> 00:04:52,240 Speaker 1: an agreement with private hospitals by midnight tonight, this would 86 00:04:52,279 --> 00:04:55,240 Speaker 1: be the largest nurses strike in the city's history. The 87 00:04:55,279 --> 00:04:59,000 Speaker 1: New York State Nurses Association is still in talks. Demands 88 00:04:59,040 --> 00:05:03,080 Speaker 1: include higher pace and safer working conditions. Here is union 89 00:05:03,120 --> 00:05:04,880 Speaker 1: president Nancy Hagens. 90 00:05:05,480 --> 00:05:09,840 Speaker 3: Nurses have been ready to bargain, but Mount Sinai, New 91 00:05:09,960 --> 00:05:15,320 Speaker 3: York Presbyterian, and Monty Fury I've chosen to to await 92 00:05:15,920 --> 00:05:20,560 Speaker 3: hundreds of million of Dallas fighting against the on frontline nurses. 93 00:05:20,640 --> 00:05:23,120 Speaker 1: Nancy hagen She is the president of the New York 94 00:05:23,160 --> 00:05:28,200 Speaker 1: State Nurses Association. In sports, the NFL playoffs are underway. 95 00:05:28,320 --> 00:05:31,920 Speaker 1: In the AFC Wild Card Games, the New England Patriots 96 00:05:32,000 --> 00:05:35,560 Speaker 1: defeated the LA Chargers sixteen to three. Earlier in the day, 97 00:05:35,600 --> 00:05:39,560 Speaker 1: the Buffalo Bills defeated the Jacksonville Jaguars twenty seven to 98 00:05:39,560 --> 00:05:43,040 Speaker 1: twenty four. On the NFC side, the San Francisco forty 99 00:05:43,080 --> 00:05:46,200 Speaker 1: nine Ers defeated the Philadelphia Eagles twenty three to nineteen, 100 00:05:46,600 --> 00:05:49,640 Speaker 1: and coming up Monday night, the Pittsburgh Steelers will host 101 00:05:49,880 --> 00:05:53,200 Speaker 1: the Houston Texans to wrap up the wild card weekend. 102 00:05:53,720 --> 00:05:56,040 Speaker 1: And that is news when you want it With Bloomberg 103 00:05:56,120 --> 00:05:58,560 Speaker 1: News Now, I'm Doug Prisner, and this is bloomberg 104 00:06:00,240 --> 00:06:00,280 Speaker 4: S