1
00:00:01,360 --> 00:00:03,560
Speaker 1: News when you want it with Bloomberg News Now, I'm

2
00:00:03,600 --> 00:00:06,560
Speaker 1: Doug Chrisner. Super Bowl fifty nine is now in the

3
00:00:06,680 --> 00:00:10,000
Speaker 1: history books and the Philadelphia Eagles are champions for the

4
00:00:10,039 --> 00:00:13,320
Speaker 1: second time in eight seasons. The Eagles defeated the Kansas

5
00:00:13,320 --> 00:00:16,799
Speaker 1: City Chiefs forty to twenty two. Here is Super Bowl

6
00:00:16,960 --> 00:00:20,840
Speaker 1: MVP and Eagles quarterback Jalen Hurts speaking to Fox Sports,

7
00:00:21,280 --> 00:00:21,919
Speaker 1: could be here.

8
00:00:21,840 --> 00:00:24,479
Speaker 2: What I'm my teammates, you know, to effort at a

9
00:00:24,520 --> 00:00:27,360
Speaker 2: determination everybody displays it gets at his point.

10
00:00:27,720 --> 00:00:31,720
Speaker 1: That is Eagles quarterback Jalen Hurt's courtesy of Fox Sports.

11
00:00:32,200 --> 00:00:35,280
Speaker 1: On Monday, President Trump is planning to announce tariffs of

12
00:00:35,320 --> 00:00:39,720
Speaker 1: twenty five percent on all imports of steel and aluminum. Now.

13
00:00:39,760 --> 00:00:43,080
Speaker 1: This move will apply to metal imports from all countries.

14
00:00:43,520 --> 00:00:46,360
Speaker 1: Joe Doe covers medals and mining for Bloomberg News.

15
00:00:46,640 --> 00:00:49,320
Speaker 3: It's not clear exactly how Trump will do things this

16
00:00:49,440 --> 00:00:52,519
Speaker 3: time around, but a lot of the discussion for various

17
00:00:52,640 --> 00:00:55,280
Speaker 3: sources I've been talking to, especially over the past three

18
00:00:55,280 --> 00:00:57,680
Speaker 3: months since he won the election, is you can expect

19
00:00:57,760 --> 00:01:00,560
Speaker 3: him to probably do some sort of tariffs and then

20
00:01:00,720 --> 00:01:03,480
Speaker 3: work his way back from there, right, But it's not

21
00:01:03,520 --> 00:01:05,839
Speaker 3: clear that he would necessarily give exemptions.

22
00:01:06,000 --> 00:01:09,880
Speaker 1: That is Bloomberg's Joe Doe. Meantime, President Trump suggested that

23
00:01:09,959 --> 00:01:15,160
Speaker 1: Elon Musk's Government Efficiency team has found irregularities while examining

24
00:01:15,240 --> 00:01:17,959
Speaker 1: data from the US Treasury. Trump had this to say

25
00:01:17,959 --> 00:01:21,400
Speaker 1: to reporters aboard Air Force One, there could be a problem.

26
00:01:21,480 --> 00:01:24,520
Speaker 2: You've been reading about that with treasuries, and that could

27
00:01:24,560 --> 00:01:27,600
Speaker 2: be an interesting problem because it could be that a

28
00:01:27,600 --> 00:01:30,560
Speaker 2: lot of those things don't count. In other words, that

29
00:01:30,680 --> 00:01:35,240
Speaker 2: some of that stuff that we're finding is very fraudulent. Therefore,

30
00:01:35,280 --> 00:01:37,400
Speaker 2: maybe we have less debt than we thought of if

31
00:01:37,440 --> 00:01:38,000
Speaker 2: think of that.

32
00:01:38,000 --> 00:01:40,880
Speaker 1: That is President Trump's speaking there. His remarks, by the way,

33
00:01:40,959 --> 00:01:44,360
Speaker 1: come as Democrats are sounding the alarm on what they

34
00:01:44,400 --> 00:01:48,720
Speaker 1: say is overreach by the Trump administration. Senator Andy Kim

35
00:01:48,800 --> 00:01:51,920
Speaker 1: of New Jersey spoke earlier to NBC's Meet the Press.

36
00:01:52,200 --> 00:01:54,400
Speaker 4: This is just the beginning, you know, this is the

37
00:01:54,440 --> 00:01:56,840
Speaker 4: playbook that they're going to run. And if Trump administration

38
00:01:56,920 --> 00:01:59,200
Speaker 4: gets away with this with USAID, they're going to move

39
00:01:59,240 --> 00:02:01,080
Speaker 4: it on to the Department of Education, They're going to

40
00:02:01,080 --> 00:02:03,680
Speaker 4: move it on to FEMA and other aspects of this.

41
00:02:04,000 --> 00:02:07,800
Speaker 4: And we have to show that this is illegal. This

42
00:02:07,840 --> 00:02:10,160
Speaker 4: is not an action that the executive can do on

43
00:02:10,200 --> 00:02:10,720
Speaker 4: their own.

44
00:02:11,280 --> 00:02:14,440
Speaker 1: That is new Jersey Senator Andy Kim. His remarks, by

45
00:02:14,480 --> 00:02:18,560
Speaker 1: the way, were echoed by Kinnecticut Senator Chris Murphy. Murphy

46
00:02:18,600 --> 00:02:21,720
Speaker 1: called on Republicans to join with Democrats and making sure

47
00:02:22,000 --> 00:02:26,520
Speaker 1: Trump's power does not proceed unchecked. Chinese officials are reportedly

48
00:02:26,560 --> 00:02:28,960
Speaker 1: building a list of US tech companies that can be

49
00:02:29,080 --> 00:02:32,760
Speaker 1: targeted with anti trust probes. The Wall Street Journal reports

50
00:02:32,800 --> 00:02:35,679
Speaker 1: the aim is to collect as many cards as possible

51
00:02:35,760 --> 00:02:40,000
Speaker 1: to play in expected negotiations with the Trump administration over

52
00:02:40,160 --> 00:02:43,680
Speaker 1: US China issues that would include tariffs that Trump has

53
00:02:43,720 --> 00:02:47,440
Speaker 1: imposed on Chinese goods. Beijing has already said it is

54
00:02:47,520 --> 00:02:52,160
Speaker 1: investigating in Nvidia and Google over alleged anti trust issues.

55
00:02:52,400 --> 00:02:55,720
Speaker 1: Other American firms that could be in the sites include Apple,

56
00:02:56,000 --> 00:03:01,600
Speaker 1: chip maker, Broadcom, and semiconductor design software vendor Synopsis. Elliott

57
00:03:01,600 --> 00:03:04,440
Speaker 1: Investment Management is said to have built a significant stake

58
00:03:04,560 --> 00:03:08,680
Speaker 1: in the British oil major BP. More from Bloomberg's Denise Pellegrini.

59
00:03:08,919 --> 00:03:11,320
Speaker 5: Sources say the act of as fund beliefs BP is

60
00:03:11,400 --> 00:03:15,320
Speaker 5: significantly undervalued and is seeking a boost shareholder value by

61
00:03:15,400 --> 00:03:19,400
Speaker 5: pushing the company to consider transformative measures, BP scheduled to

62
00:03:19,440 --> 00:03:23,919
Speaker 5: report fourth quarter financial results Tuesday, and CEO Murray Auchencloss,

63
00:03:23,919 --> 00:03:26,880
Speaker 5: who stepped into the role after Bernard Looney was dismissed

64
00:03:26,880 --> 00:03:30,040
Speaker 5: over his personal conduct, is widely expected to outline a

65
00:03:30,120 --> 00:03:33,160
Speaker 5: clearer shift away from Looney's strategy of a post oil

66
00:03:33,200 --> 00:03:36,960
Speaker 5: world and back toward oil and gas as center for

67
00:03:37,000 --> 00:03:40,520
Speaker 5: the business when Aucen Class presents a much anticipated strategy

68
00:03:40,560 --> 00:03:43,720
Speaker 5: update later in the month. Deniz Pellegrine Bloomberg Radio.

69
00:03:43,960 --> 00:03:46,520
Speaker 1: There is plenty of data from markets to watch in

70
00:03:46,560 --> 00:03:50,160
Speaker 1: the week ahead, including the report on inflation and FED

71
00:03:50,200 --> 00:03:53,960
Speaker 1: shared J. Powell's semi annual economic testimony to Congress. We

72
00:03:54,000 --> 00:03:56,440
Speaker 1: have a preview from Bloomberg's Karen moscow Hey.

73
00:03:56,480 --> 00:03:59,480
Speaker 6: Chairman Jerome Powell appears before the Senate Banking Committee on

74
00:03:59,520 --> 00:04:03,800
Speaker 6: Tuesday to deliver his semi annual monetary policy testimony. On Wednesday,

75
00:04:03,840 --> 00:04:06,720
Speaker 6: he'll up here before the House Financial Services Committee. That's

76
00:04:06,760 --> 00:04:08,440
Speaker 6: the same day we get a look at inflation with

77
00:04:08,480 --> 00:04:11,920
Speaker 6: the consumer price Index. Thursday is the producer price Index

78
00:04:11,920 --> 00:04:14,840
Speaker 6: and the weekly report on initial jobless claims. Friday we

79
00:04:14,920 --> 00:04:19,440
Speaker 6: get January retail sales, industrial production, and business inventories. Karen

80
00:04:19,520 --> 00:04:20,880
Speaker 6: Moscow Bloomberg Radio.

81
00:04:21,040 --> 00:04:24,440
Speaker 1: President Trump said he is considering using the Federal Department

82
00:04:24,440 --> 00:04:28,320
Speaker 1: of Transportation to kill congestion pricing in New York City.

83
00:04:28,760 --> 00:04:30,960
Speaker 1: In an interview with The New York Post, Trump said

84
00:04:31,240 --> 00:04:35,160
Speaker 1: the program was deterring people from coming into Manhattan, and

85
00:04:35,200 --> 00:04:38,360
Speaker 1: Trump indicated he was still talking with Governor Kathy Hokel

86
00:04:38,400 --> 00:04:42,159
Speaker 1: about the future of New York's congestion pricing plan. And

87
00:04:42,240 --> 00:04:44,640
Speaker 1: that is news when you want it with Bloomberg News. Now,

88
00:04:44,800 --> 00:04:46,719
Speaker 1: I'm Doug Chrisner, and this is Bloomberg