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

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Speaker 1: Doug Krisner. President Biden has reportedly decided to officially block

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Speaker 1: Nipon Steele's proposed purchase of US deal, The Washington Post reports,

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Speaker 1: barring and unforeseen change of heart, a White House announcement

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Speaker 1: is planned for later today. Biden opted to kill the

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Speaker 1: deal despite intense efforts by some of his senior advisors

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Speaker 1: to sway him in recent days. They warned that rejecting

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Speaker 1: a sizeable investment from a top Japanese corporation could damage

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Speaker 1: US relations with Japan. We go to South Korea next,

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Speaker 1: where anti corruption investigators have moved to arrest impeached President

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Speaker 1: Yunsuk yol at his residence and Seoul. However, they were

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Speaker 1: met with resistance from his security team as well as

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Speaker 1: around one thousand supporters.

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Speaker 2: MJ.

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Speaker 1: Moon is professor of Public administration at Yonsai University.

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Speaker 2: If there's some troubles between two sides and then that

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Speaker 2: might lead to another path, so that's the last scenario

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Speaker 2: we want to have, so hopefully we go through that.

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Speaker 2: But I think you know, this is sort of a

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Speaker 2: last phase in getting into the residence and then actually

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Speaker 2: execute the detention.

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Speaker 1: Learn Professor MJ. Mun there from Yonsai University. Despite the standoff,

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Speaker 1: stocks in South Korea are rallying. Here is Bloomberg's Mark Cranfield.

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Speaker 3: They've been out there very publicly telling investors, don't worry.

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Speaker 3: We've got this under control. We're supporting the currency. We're

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Speaker 3: doing what we can for the equity market as well.

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Speaker 3: You can see the bomb market is also relatively stable

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Speaker 3: as well, so they're doing as much as is possible.

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Speaker 3: You've also got the Bank of Korea who are talking

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Speaker 3: about lowering interest rates again. They don't meet for a

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Speaker 3: few weeks, but it's possible in an emergency situation they

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Speaker 3: could even come in earlier than that.

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Speaker 1: That is Bloomberg's Mark Cranfield. Right now, the cospy is

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Speaker 1: up nearly two percent, and in the foreign exchange, the

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Speaker 1: Korean one stronger against the dollar by a half of

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Speaker 1: one percent. President like Trump has announced an another member

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Speaker 1: of the team at US Treasury. Ken Keyes will be

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Speaker 1: Assistant Secretary for Tax Policy. Keys will be the point

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Speaker 1: person at Treasury working on those tax cuts that the

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Speaker 1: President elect outed as his signature issue for twenty twenty five.

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Speaker 1: Keys is a longtime Republican lobbyist whose client list includes Microsoft,

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Speaker 1: as well as insurers and financial services companies. We're learning

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Speaker 1: more about the person who died in the cyber truck

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Speaker 1: explosion outside the Trump Hotel in Las Vegas. It exploded

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Speaker 1: hours after an attack in New Orleans early on New

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Speaker 1: Year's Day, where a truck plowed into a crowd of revelers.

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Speaker 1: Police in Las Vegas believe thirty seven year old Matthew

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Speaker 1: Libelsberger was in the vehicle. Now, a military ID was found,

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Speaker 1: along with two handguns, credit cards, and an iPhone. Spencer

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Speaker 1: Evans is the special Agent in charge at the FBI's

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Speaker 1: Las Vegas Field office.

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Speaker 4: We're running down investigative les around the world. No information

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Speaker 4: that we're aware of right now that connects this and

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Speaker 4: to any terrorist organization around the world. But that's obviously

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Speaker 4: the thrust of the investigation is ruling out that there's

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Speaker 4: any sort of you know, terrorism nexus and then again

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Speaker 4: getting at what the ideology is.

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Speaker 1: Spencer Evans there from the FBI's Las Vegas Field office. Now,

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Speaker 1: Libelsberger used an app known as Turo to rent the

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Speaker 1: cyber truck. This is the same app used by the

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Speaker 1: suspect in New Orleans. The New Orleans attack left more

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Speaker 1: than a dozen dead and more than thirty injured. The

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Speaker 1: FBI says it has not found evidence linking these two

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Speaker 1: deadly attacks. There are several historic events happening in Washington,

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Speaker 1: d c. Over the next couple of weeks. They include

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Speaker 1: Jimmy Carter's funeral next week and President elect Trump's inauguration

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Speaker 1: on January twentieth. Troy Carter is a Congressman from Louisiana.

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Speaker 1: He stresses the importance of security in the wake of

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Speaker 1: recent events.

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Speaker 5: Regardless of our party, in regardless of rather we agree

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Speaker 5: or disagree, we have a responsibility to take care of

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Speaker 5: the people's business. And we don't have to be hated

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Speaker 5: by people who disagree with us, nor do we have

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Speaker 5: to hate people that we disagree with. We have responsibility

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Speaker 5: to listen, respect and to govern, and that's what we're

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Speaker 5: here to do.

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Speaker 1: Congressman Troy Carter, there of Louisiana. The Sugar Bowl is

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Speaker 1: now over at the Caesar Superdome in New Orleans. Final

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Speaker 1: score twenty three to ten with Notre Dame defeating Georgia. Now,

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Speaker 1: this game was postponed after the New Year's attack in

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Speaker 1: New Orleans. French quarter. The House of Representatives is scheduled

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Speaker 1: to vote on a speaker tomorrow. President elect Tromp says

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Speaker 1: he'll lobby Republicans to back current House Speaker Mike Johnson.

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Speaker 1: Bloomberg Samy Morris has more from Washington.

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Speaker 6: The message from Speaker Johnson we need to.

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Speaker 1: Stay unified so we can save the country.

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Speaker 6: And I think that's an important message. Ye Well, Trump

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Speaker 6: acknowledges some lawmakers in the party have reservations about allowing

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Speaker 6: Johnson to retain.

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Speaker 5: The gabble are the will support Smika Johnson. Almost everybody

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Speaker 5: likes them. Others are very good too, but they have

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Speaker 5: thirty or forty people that don't like them.

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Speaker 6: So the party will hold a narrow majority in the

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Speaker 6: incoming House. And Johnson is facing criticism from ultra conservative

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Speaker 6: lawmakers after backing a temporary spending bill that failed to

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Speaker 6: include the President elect's demands for lifting the dead ceiling.

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Speaker 6: Some Republicans are worried that a clash could hamper efforts

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Speaker 6: to enact Trump's agenda in Washington. Amy Moore as Bloomberg

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Speaker 6: Radio

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Speaker 1: And that is news when you want it with Bloomberg

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Speaker 1: News Now, I'm Doug Chrisoner, and this is Bloomberg