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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. House Speaker Kevin McCarthy is facing a far

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Speaker 1: right movement to oust him from his leadership position. Florida

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Speaker 1: Republican Matt Gates says he will be filing a motion

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Speaker 1: this week to vacate the chair, a parliamentary process that

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Speaker 1: hasn't led to the removal of a speaker since nineteen ten.

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Speaker 1: The far right Republicans are angry with McCarthy for embracing

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Speaker 1: a bipartisan deal to avoid a government shutdown that did

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Speaker 1: not take into consideration the deep spending cuts that the

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Speaker 1: right wingers had wanted. McCarthy will need a simple majority

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Speaker 1: of House members to vote for him to be able

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Speaker 1: to stop the effort to remove him. Gates says he

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Speaker 1: will do what he can to remove and replace those

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Speaker 1: who won't tackle spending in deficits.

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Speaker 2: If all the American people see is that it is

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Speaker 2: a uniparty that governs them and that it is always

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Speaker 2: the Biden, McCarthy Jeffreys government that makes dispositive decisions on spending,

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Speaker 2: then am I am seeding the fields of future primary

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Speaker 2: contests to get better Republicans in Washington who will actually

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Speaker 2: tackle these deficits in debt.

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Speaker 1: That's Florida Rhet mcgates on av SEES. This week, President

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Speaker 1: Biden is calling on how Speaker McCarthy to support additional

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Speaker 1: aid to Ukraine that was left out of the stopgap

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Speaker 1: spending bill. The President was looking for six billion dollars

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Speaker 1: in aid as Ukraine continues its four month old counter offensive.

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Speaker 1: Biden says an overwhelming majority of both Republicans and Democrats

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Speaker 1: support sending more aid to the country. Biden trust and

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Speaker 1: McCarthy will get Ukraine eight passed.

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Speaker 3: I fully expect the Speaker to keep his commitments for

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Speaker 3: secure the passage and support needed to help Ukraine as

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Speaker 3: they defend themselves against aggression and brutality.

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Speaker 1: The President was speaking from the White House. Republican presidential

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Speaker 1: candidate Ron DeSantis says he won't accept an offer to

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Speaker 1: be Donald Trump's running mate if he's asked. The Florida governor,

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Speaker 1: talking on Fox News Sunday Morning Futures, says he's running

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Speaker 1: for president and as someone who can serve two terms,

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Speaker 1: not just one like Trump. So far, DeSantis is tracking

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Speaker 1: well below Trump for the nomination and has had his

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Speaker 1: campaign hit with staff shakeups and sliding poll numbers. City

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Speaker 1: Group says investors should start snapping up some regional bank

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Speaker 1: stocks that were battered by this year's selloff. That story

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Speaker 1: from Bloomberg's Charlie Pellett.

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Speaker 3: Analyst Keith Horwitz initiated coverage of Huntington Bank shares and

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Speaker 3: Zion's Bank Corp. With buy ratings after their shares tumbled

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Speaker 3: by more than twenty five percent this year, pulled down

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Speaker 3: by concerns about the finances of regional lenders following the

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Speaker 3: collapse of Silicon Valley Bank and Signature Bank. The analyst

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Speaker 3: stayed constructive on the broader industry, saying there has been

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Speaker 3: increasing clarity around where net interest income is heading and

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Speaker 3: the proposed regulatory changes around capital requirements in New York.

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Speaker 3: Charlie Pellett Bloomberg Radio Thanks Charlie.

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Speaker 1: Less than one year after losing the title of Europe's

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Speaker 1: biggest equity market to Paris, Britain's stock market is poised

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Speaker 1: to regain that title, with sales of French luxury goods reeling,

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Speaker 1: especially in the Chinese market. France's combined dollar based market

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Speaker 1: capitalization has dropped by more than a half trillion dollars

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Speaker 1: in a year. British listings currently stand at two point

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Speaker 1: nine trillion dollars, while France's listings are at two point

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Speaker 1: nine three trillion. French billionaire Burner Arnault says allegations of

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Speaker 1: possible money laundering against him are quote as absurd as

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Speaker 1: they are unfounded. Bloomberg's Leslie Lotto explains.

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Speaker 4: The Paris Public Prosecutor's office announced an investigation into possible

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Speaker 4: money laundering involving Russian businessman Nikolai Sarkasov and Arno, who's

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Speaker 4: the CEO of lvmh Moway Hennessy Louis Vatan. It's all

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Speaker 4: related to property in an exclusive ski resort. The Lemon

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Speaker 4: newspaper reports that Sarkasov bought a series of properties in

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Speaker 4: twenty eighteen through intermediary companies, but the end buyer turned

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Speaker 4: out to be Arnaut, who's alleged to have paid Sarkasov

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Speaker 4: about twenty million euros or twenty one point two million

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Speaker 4: US for the assets, with Sarkasov allegedly profiting about two

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Speaker 4: million euros. Investigators say it looked like they were trying

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Speaker 4: to mask the origin of the funds and the identity

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Speaker 4: of the ultimate buyer Leslie Lotto Bloomberg Radio.

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Speaker 1: Thanks Leslie, Europe has won the Ryder Cup, beating the

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Speaker 1: US six sixteen and a half to eleven and a

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Speaker 1: half in Rome, with Tommy Fleetwood delivering the winning point.

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Speaker 1: The US was coming off a record nineteen to nine

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Speaker 1: win over Europe just two years ago at Whistling Straits

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Speaker 1: in Wisconsin. The US came in confident that they could

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Speaker 1: snap the losing streak away from American soil, which has

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Speaker 1: now been extended to thirty years. Tm USA will get

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Speaker 1: another chance to win in Europe in four years, when

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Speaker 1: Ireland is hosting That's News when you Want It with

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Speaker 1: Bloomberg News Now. I'm Dan Schwartz them the essay is

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Speaker 1: Bloomsburg