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

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Speaker 1: Doug Prisner. We begin in New York City, where Mayor

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Speaker 1: Eric Adams has ended his reelection bid five weeks before

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Speaker 1: election day. Previously, Adams insisted he would stay in the

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Speaker 1: race despite dismal polling numbers. Today, Adams said he could

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Speaker 1: not see a path to a second term. Here is

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Speaker 1: Adams speaking in a video message on x Although.

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Speaker 2: This is the end of my reelection campaign, it is

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Speaker 2: not the end of my public service. I will continue

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Speaker 2: to fight for this city as I have for forty

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Speaker 2: years since the day I joined the NYPD, to make

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Speaker 2: our streets safer in our systems.

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Speaker 1: Theaarer New York City Mayor Eric Adams now he had

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Speaker 1: been considering potential job offers from both the Trump administration

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Speaker 1: and the private sector in exchange for bowing out and

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Speaker 1: clearing a path for former New York Governor Andrew Cuomo. Today,

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Speaker 1: Cuomo praised Adams for putting the cities well being ahead

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Speaker 1: of his own, and at the same time, in a

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Speaker 1: swipe at Cuomo, Democratic nominee Zoron Mumdani, said New York

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Speaker 1: deserves better than trading one disgraced, corrupt politician for another.

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Speaker 1: Here is Mom Donni speaking to the local ABC News affiliate.

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Speaker 3: Well, I think the race continues to be the same

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Speaker 3: as it was, where it's a race between us and

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Speaker 3: the failed politics that we've seen, whether it's Andrew Cuomo

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Speaker 3: or Eric Adams, it's a politics where Donald Trump and

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Speaker 3: billionaire donors are determining the actions of failed executives. We're

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Speaker 3: going to show that they can't dictate the outcome of

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Speaker 3: this race.

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Speaker 1: Democratic nominee Zoron Mumdani, speaking to the local ABC News

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Speaker 1: affiliate in New York. Incidentally, former New York City Mayor

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Speaker 1: Michael Bloomberg, the founder and majority owner of Bloomberg News

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Speaker 1: parent Bloomberg Galpi, endorsed Cuomo in the primary, and Bloomberg

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Speaker 1: contributed to a pact supporting Cuomo's candidacy. In Moldova, the

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Speaker 1: ruling Pro European Party is on track to win the

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Speaker 1: most votes in a parliamentary election. Now. Such an outcome

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Speaker 1: would keep the country on a path to European Union membership,

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Speaker 1: would also raise the risk of an escalation intentions with Russia.

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Speaker 1: We go to Michigan next, where a gunman opened fire

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Speaker 1: inside a Mormon church in Grand Blank during Sunday services

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Speaker 1: before apparently setting fire to the building. Authorities are saying

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Speaker 1: at least four people were killed eight others injured. Now,

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Speaker 1: police did shoot and kill the suspect, a forty year

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Speaker 1: old man who was identified as Thomas Jacob Sanford. Here

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Speaker 1: is Police Chief William Rennie.

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Speaker 4: We were onseen within thirty seconds from that original nine

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Speaker 4: to one one call. Within eight minutes, that suspect was

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Speaker 4: neutralized in the back parking lot of the church.

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Speaker 1: That was Grand Blank Police Chief William Rennie speaking there now.

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Speaker 1: President Trump condemned the shooting and said the FBI would

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Speaker 1: be leading the federal investigation. In Oregon, the state has

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Speaker 1: sued the Trump administration one day after President Trump said

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Speaker 1: he will send troops to Portland. Lawsuit comes after Defense

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Speaker 1: Secretary Pete Hegseth sent a memo to Oregon Governor Tina

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Speaker 1: Kotek on Sunday ordering two hundred members of the Oregon

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Speaker 1: National Guard to perform federal functions for sixty days. Here

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Speaker 1: is Oregon State Attorney General Dan Rayfield.

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Speaker 5: I had told our staff, and we've been talking about

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Speaker 5: this for a really long time, that the moment that

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Speaker 5: we got notice of a deployment that I wanted to

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Speaker 5: be in court with a lawsuit filed within twelve hours.

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Speaker 5: As of two o'clock today, we have a lawsuit filed

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Speaker 5: in Portland in the United States District Court to protect

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Speaker 5: Oregon and its values. Less than six hours from the moment,

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Speaker 5: we receive notice here in Oregon.

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Speaker 1: That was Oregon State Attorney General Dan Rayfield speaking now.

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Speaker 1: The Oregon lawsuit says that the president lacks authority to

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Speaker 1: deploy the National Guard. The law does permit federal control

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Speaker 1: of the National Guard only in cases of invasion, rebellion,

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Speaker 1: or when federal laws cannot otherwise be enforced, and says

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Speaker 1: those conditions are not happening. It is a busy week

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Speaker 1: ahead for FED speakers. We have a preview from Bloomberg's

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Speaker 1: Charlie Pellett.

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Speaker 6: Monday, New York FED President John Williams has a moderated

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Speaker 6: Q and A at the Rochester Institute of Technology, while

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Speaker 6: Atlanta FED President Raphaelbostik moderates a conversation with Ed Bastion,

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Speaker 6: the CEO of Delta Airlines. Tuesday, FED Vice Chair Philip

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Speaker 6: Jefferson and ECB President Christine Legard each give keynote speeches

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Speaker 6: at a Finland Central Bank conference. Chicago FED President Austin

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Speaker 6: Goolesby will participate in a Q and A at his

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Speaker 6: bank's agriculture conference, and then Thursday, Dallas FED President Laurie

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Speaker 6: Logan speaks at a University of Texas Energy and Polise

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Speaker 6: conference in Austin. In New York, Charlie Pellett Bloomberg Radio.

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Speaker 1: In sports, the Ryder Cup has wrapped up at Bethpage

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Speaker 1: Black and Europe has retained the trophy, beating the US

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Speaker 1: fifteen to thirteen. And the MLB regular season has come

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Speaker 1: to an end and the playoff bracket has been set.

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Speaker 1: In the American League, the Toronto Blue Jays have clinched

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Speaker 1: the number one overall seed and the Cleveland Guardians clinched

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Speaker 1: the American League Central Division. In the National League, that

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Speaker 1: Cincinnati Reds clinched the third wildcard spot. And that is

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

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Speaker 1: Doug Chrisner in this is Bloomberg