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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Dan Schwartzman. A federal appeals court has ruled that President

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Speaker 1: Trump can keep control of National Guard troops he deployed

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Speaker 1: to Los Angeles following protests of immigration raids. The decision

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Speaker 1: overturns a lower court ruling which found Trump acted illegally

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Speaker 1: when he activated the soldiers over opposition from California Governor

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Speaker 1: Gavin Newsom. The deployment was the first by president of

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Speaker 1: a state National guard without the governor's permission since nineteen

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Speaker 1: sixty five. For more of the hour's top stories, let's

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Speaker 1: get to Bloomberg's Doug Prisner.

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Speaker 2: The White House says President Trump will make a decision

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Speaker 2: on whether to strike Iran within the next two weeks.

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Speaker 2: Here is Press Secretary Caroline Levitt.

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Speaker 3: I have a message directly from the President, and I

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Speaker 3: quote based on the fact that there's a substantial chance

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Speaker 3: of negotiations that may or may not take place with

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Speaker 3: Iran in the near future. I will make my decision

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Speaker 3: whether or not to go within the next two weeks.

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Speaker 2: White House Press Secretary Caroline Levitt. There now, the President

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Speaker 2: has publicly mused for days about having the US increase

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Speaker 2: the stakes by joining Israel strikes on Iran earlier today,

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Speaker 2: and Iranian missile struck an Israeli hospital, while Israel struck

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Speaker 2: more of Iran's nuclear sites and warned its attacks could

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Speaker 2: bring down Tehran's leadership. Meantime, British Prime Minister Kiir Starmer

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Speaker 2: called on President Trump to keep the door open to

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Speaker 2: resuming talks on Iran's nuclear program. Meantime, the US Embassy

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Speaker 2: and Cutter is warning US citizens in the country and

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Speaker 2: its own personnel to exercise increased vigilance. The FED is

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Speaker 2: getting new pushback for its decision to leave interest rates

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Speaker 2: unchanged on Wednesday. In a post earlier today on Truth

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Speaker 2: Social President Trump called on policymakers to lower the FED

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Speaker 2: fund's rate by two and a half percentage points and

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Speaker 2: re upping his use of the moniker too late Powell.

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Speaker 2: Trump said the FED share is costing the US hundreds

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Speaker 2: of billions of dollars. This post included some of Trump's

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Speaker 2: most pointed criticisms yet, calling Powell dumb and destructive. Now.

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Speaker 2: Trump has previously stated he would allow j. Powell to

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Speaker 2: finish out his term, which ends May of twenty twenty six.

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Speaker 2: Markets were already on edge after the FED downgraded its

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Speaker 2: estimate for economic growth this year while at the same

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Speaker 2: time projecting higher inflation, and the situation in the Mid

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Speaker 2: East is only adding to anxiety. Anna Rosenberg is head

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Speaker 2: of Geopolitics at the Amundi Investment Institute. She says the

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Speaker 2: odds of the US being involved are quite high.

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Speaker 4: Frankly, for the US this is an unique moment to

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Speaker 4: take out a big geopolitical headache, which is Iran potentially

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Speaker 4: developing a nuclear headache, and also this deepening relationship that

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Speaker 4: we saw between Iran, China, and North Korea and Russia

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Speaker 4: over the last few years. That is the biggest geopolitical

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Speaker 4: threat for the US.

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Speaker 2: That is Anna Rosenberg from the Amundi Investment Institute. The

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Speaker 2: Bank of England held its key interest rate unchanged at

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Speaker 2: four and a quarter percent in a divided vote. Six

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Speaker 2: members of the Goees committee voted to leave rates unchanged,

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Speaker 2: three preferred and immediate quarter point cut. Deputy Governor from

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Speaker 2: Monetary Policy Claire Lombardelli says rising prices are still a concern.

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Speaker 5: We decided to hold rates at four point two five

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Speaker 5: percent today. We have been able to cut rates four

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Speaker 5: times over the last year, but given the uncertainty facing

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Speaker 5: the economy, we decided.

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Speaker 2: To hold That is Boe Deputy Governor Claire Lombardelli. We

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Speaker 2: go to Texas next to where a SpaceX Starship rocket

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Speaker 2: exploded on a test stand. Here is Bloomberg's Kate Duffy.

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Speaker 5: Well is unclear exactly what caused this massive explosion. If

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Speaker 5: you look at the footage, it's just a big flash

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Speaker 5: of light and then all this ball of flames, essentially

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Speaker 5: lots of smoke coming out from the launch site. SpaceX

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Speaker 5: have just called it a major anomaly.

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Speaker 2: That was Bloomberg's Kate Duffy. This is the latest in

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Speaker 2: a series of setbacks for the Starship program. Amazon is

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Speaker 2: ordering some corporate employees to move closer to their manager

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Speaker 2: and teams. This move is royaling a workforce already worried

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Speaker 2: about job cuts. Employees have been warned that AI will

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Speaker 2: shrink their ranks more from Bloomberg's Charlie Pellett.

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Speaker 6: Sources tell Bloomberg workers are being told to relocate to

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Speaker 6: such cities as Seattle, Arlington, Virginia, and Washington, DC, which

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Speaker 6: in some cases would require them to move across the country.

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Speaker 6: The source of say Amazon is mostly rolling out the

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Speaker 6: mandate in one on one meetings and town halls rather

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Speaker 6: than sending out a mass email. They say, mid career

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Speaker 6: professionals with children in school and partners in established careers

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Speaker 6: are reluctant to make big moves in light of Amazon's

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Speaker 6: belt tightening efforts. In New York, Charlie Pellett's Bloomberg Radio.

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Speaker 2: And that is news when you want it with Bloomberg News. Now,

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Speaker 2: I'm Doug Chrisener, and this is Bloomberg