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Speaker 1: News when you wanted with Bloomberg News. Now, I'm Doug Prisner.

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Speaker 1: President Trump has signed a temporary funding bill to reopen

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Speaker 1: the US government after being shut down for forty three days.

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Speaker 1: Earlier this evening, the House passed the Senate measure that

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Speaker 1: was cleared on Sunday evening. This legislation will now reinstate

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Speaker 1: federal workers fired during the shutdown and guarantee back pay

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Speaker 1: for furloughed federal employees. It also prevents further layoffs through

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Speaker 1: the end of January. It does, not, however, include an

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Speaker 1: extension of tax subsidies for the Affordable Care Act. Here

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Speaker 1: is Trump, So I just.

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Speaker 2: Want to tell the American people you should not forget

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Speaker 2: this when we come up to midterms and other things.

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Speaker 2: Don't forget what they've done to our country. You also

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Speaker 2: want to call for a termination to the filibuster so

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Speaker 2: that this can never happen again. If we had the

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Speaker 2: filibuster terminated, this would never happen again. And don't forget

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Speaker 2: we have another date coming up in the not too

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Speaker 2: distant future. We can never let this happened again.

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Speaker 1: After the President signed the bill, omb Director Russell Vote

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Speaker 1: directed federal workers to return to work on Thursday, November thirteenth.

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Speaker 1: When the government does reopen, backlogs and delays are likely,

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Speaker 1: and that will include benefits for forty two million low

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Speaker 1: income Americans enrolled in the SNAP program, and at the

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Speaker 1: same time, it could take days for air travel to

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Speaker 1: return to normal. Democrats are pressing President Trump on his

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Speaker 1: ties to Jeffrey Epstein. Emails written by Epstein and released

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Speaker 1: today by the House suggests the president knew of the

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Speaker 1: convicted sex offenders' activities. Bloomberg Samy Morris has more from Washington.

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Speaker 3: Newly Swarnhouse member Adalita Grihalva signed a petition forcing a

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Speaker 3: vote on legislation to compel the Justice Department to release

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Speaker 3: the files on Epstein. Democratic Congressman Rocanna.

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Speaker 4: For bombshell emails that came out about Donald Trump's knowledge

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Speaker 4: of what.

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Speaker 2: Was going on.

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Speaker 4: So we need a full release of the files. Finally,

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Speaker 4: that's going to happen.

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Speaker 3: Congressman Rocanna on Bloomberg's balance of power now. In those

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Speaker 3: emails dating back to twenty eleven, Epstein appeared to acknowledge

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Speaker 3: that Trump spent hours in a house with one of

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Speaker 3: Epstein's victims and that he knew about the underage girls.

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Speaker 3: Trump calls this a hoax. He posted on social media

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Speaker 3: that Democrats are using it as a distraction from the

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Speaker 3: shutdown in Washington. Amy Moore as Bloomberg Radio.

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Speaker 1: House speaker Mike Johnson has said that he will bring

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Speaker 1: the Epstein files vote to the floor next week. We

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Speaker 1: moved to earnings news next after the Bell Cisco Systems

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Speaker 1: gave an upbeat sales forecast. Cisco is the largest maker

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Speaker 1: of machines that run computer networks and the intranet, and

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Speaker 1: the outlook from the company reflects progress in Cisco's efforts

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Speaker 1: to capture more spending on artificial intelligence. We got reaction

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Speaker 1: from Bloomberg analyst Wo Chinho.

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Speaker 5: There's some analysts who are out there really driving the

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Speaker 5: AI story, and it's really not the A story as

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Speaker 5: much as not as much as one would think. Right,

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Speaker 5: it is an incremental tailwind, but there was this massive,

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Speaker 5: massive product upgrade cycle that's going on, and it's going

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Speaker 5: to be a multi europe greade cycle Forsisco, and that's

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Speaker 5: going to drive a couple of one hundred basis points

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Speaker 5: of growth versus the usual.

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Speaker 1: That is Woo Jenhoe of Bloomberg Intelligence, Cisco's shares are

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Speaker 1: up more than seven percent in late US trading to

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Speaker 1: just under eighty dollars, and this is the closest those

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Speaker 1: shares have come to eighty two. They're all time high

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Speaker 1: set on March twenty seventh, two thousand, right as the

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Speaker 1: dot com bubble burst. Tomorrow, before the opening bell, Disney

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Speaker 1: will report quarterly results, and we have a preview from

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Speaker 1: Bloomberg's Tom Busby.

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Speaker 6: A big concern for Disney subscriber growth at its various

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Speaker 6: streaming video services like Disney Plus, ESPN Plus and Hulu.

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Speaker 6: That's after a lot of customers canceled those services when

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Speaker 6: the company briefly suspended Jimmy Kimmel and over the content

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Speaker 6: feed dispute it's having right now with YouTube TV. But

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Speaker 6: with its cash cal theme, Parks expected to deliver another

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Speaker 6: quarter of blowout profits. Bloomberg consensus calls for revenue of

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Speaker 6: twenty two point eight three billion dollars on adjusted earnings

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Speaker 6: of a dollar seven. Tom Busby Bloomberg Radio.

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Speaker 1: White House Economic advisor Kevin Hasset told President Trump that

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Speaker 1: he would accept the nomination to replace Jay Powell as

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Speaker 1: FED chairman if the position was offered Previously. Trump named

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Speaker 1: Hassett as one of the finalists at the same time. Today,

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Speaker 1: Hassett said he would prefer a larger rate cut when

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Speaker 1: policymakers meet in December.

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Speaker 4: I would guess that the fact that he came in

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Speaker 4: signaling less likely to move makes the likelihood of them

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Speaker 4: deciding to go fifty basis points lower.

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Speaker 3: You think it's more likely to do fifty.

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Speaker 4: Than twenty noh, I think they're not likely to do fifty,

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Speaker 4: more likely to do twenty five. I think that that's

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Speaker 4: probably what I mean. I'm reading the tea leaves that

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Speaker 4: they're show with us.

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Speaker 1: Would that satisfy the president?

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Speaker 6: You think?

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Speaker 4: I think that the President thinks rates could be a

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Speaker 4: lot lower.

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Speaker 1: That is White House Economic Advisor Kevin Hasset speaking with

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Speaker 1: Bloomberg host David Rubinstein at the Economic Club of Washington.

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

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Speaker 1: News Now, Doctor visioner miss is been rom