1 00:00:00,880 --> 00:00:02,960 Speaker 1: News when you want it with Bloomberg News Now. I'm 2 00:00:03,000 --> 00:00:06,519 Speaker 1: Doug Prisner. It is day fifteen of the US government shutdown, 3 00:00:06,600 --> 00:00:09,239 Speaker 1: and the Trump administration has been using this as an 4 00:00:09,280 --> 00:00:13,360 Speaker 1: opportunity to terminate federal workers. Last Friday, more than forty 5 00:00:13,360 --> 00:00:16,279 Speaker 1: one hundred employees of the federal government at nearly a 6 00:00:16,320 --> 00:00:20,000 Speaker 1: half dozen agencies were fired, and earlier today, the White 7 00:00:20,040 --> 00:00:23,360 Speaker 1: House Budget Director Russell Vote said more than ten thousand 8 00:00:23,400 --> 00:00:26,440 Speaker 1: federal workers would be let go during the shutdown. However, 9 00:00:26,760 --> 00:00:29,920 Speaker 1: today in San Francisco, a federal judge ordered the Trump 10 00:00:29,920 --> 00:00:34,199 Speaker 1: administration to pause those plans. Here is Bloomberg's Laura Davison. 11 00:00:34,600 --> 00:00:37,159 Speaker 2: So it means that federal agencies right now have to 12 00:00:37,240 --> 00:00:39,839 Speaker 2: stop and hold all the plans for the firings that 13 00:00:40,760 --> 00:00:42,840 Speaker 2: took place last week. So that means that those people 14 00:00:42,840 --> 00:00:44,720 Speaker 2: will be able to keep their jobs for now, and 15 00:00:44,760 --> 00:00:47,239 Speaker 2: that any future rounds of firings, as the White House 16 00:00:47,240 --> 00:00:50,479 Speaker 2: suggested yesterday is coming, will also be halted. This is 17 00:00:50,520 --> 00:00:52,600 Speaker 2: just a temporary block. As you mentioned, they are just 18 00:00:52,680 --> 00:00:55,400 Speaker 2: paused and there will be a decision to come later 19 00:00:55,760 --> 00:00:57,800 Speaker 2: on the merits of the case about whether these can proceed. 20 00:00:57,960 --> 00:01:01,960 Speaker 1: That is Bloomberg's Laura Davison. Time House Minority Leader Hakim 21 00:01:02,000 --> 00:01:05,440 Speaker 1: Jeffries said Democrats are ready to negotiate to find a 22 00:01:05,480 --> 00:01:08,120 Speaker 1: bipartisan solution to reopening the government. 23 00:01:08,600 --> 00:01:11,320 Speaker 3: It's time to extend the Affordable Care AC tax credits. 24 00:01:12,160 --> 00:01:15,720 Speaker 3: It's time to prevent tens of millions of Americans from 25 00:01:15,760 --> 00:01:19,479 Speaker 3: experiencing dramatically increased healthcare premiums. 26 00:01:19,560 --> 00:01:23,759 Speaker 1: That is, House Minority Leader Hakim Jeffries. US Treasury Secretary 27 00:01:23,760 --> 00:01:27,680 Speaker 1: Scott Besson proposed extending the pause on higher US tariffs 28 00:01:27,720 --> 00:01:30,800 Speaker 1: for Chinese goods. Besson said it would be done in 29 00:01:30,880 --> 00:01:34,800 Speaker 1: exchange for Beijing putting off its recently announced plan to 30 00:01:34,920 --> 00:01:38,840 Speaker 1: tighten limits on rare earth elements. These minerals are critical 31 00:01:38,880 --> 00:01:40,759 Speaker 1: to many industries. Here's Bessen. 32 00:01:41,560 --> 00:01:44,800 Speaker 4: Right now, we are currently in a ninety day role 33 00:01:46,240 --> 00:01:49,800 Speaker 4: on the tariffs. So is it possible that we could 34 00:01:49,840 --> 00:01:54,760 Speaker 4: go to a longer role in return for a delay. Perhaps, 35 00:01:55,200 --> 00:02:00,080 Speaker 4: But all that's going to be negotiated in the coming week. 36 00:02:00,240 --> 00:02:02,960 Speaker 1: And at the same time today, US Trade Rep. Jamison 37 00:02:03,000 --> 00:02:06,360 Speaker 1: Greer cast doubt that Beijing would go ahead with its plan. 38 00:02:06,480 --> 00:02:09,680 Speaker 1: Greer said it would choke off trade in a wide 39 00:02:09,760 --> 00:02:13,360 Speaker 1: variety of consumer products that even contain a trace of 40 00:02:13,480 --> 00:02:14,120 Speaker 1: rare earths. 41 00:02:14,680 --> 00:02:18,720 Speaker 5: Since many important semiconductors, for example, have these critical minerals 42 00:02:19,040 --> 00:02:22,280 Speaker 5: and semi conductors are in nearly everything, this rule gives 43 00:02:22,360 --> 00:02:25,239 Speaker 5: China control over basically the entire global economy and the 44 00:02:25,280 --> 00:02:26,399 Speaker 5: technology supply chain. 45 00:02:26,480 --> 00:02:29,480 Speaker 1: Now, the escalation in this tit for tat war between 46 00:02:29,560 --> 00:02:32,680 Speaker 1: the US and China has renewed fear of a full 47 00:02:32,720 --> 00:02:36,639 Speaker 1: blown trade war. President Trump says his administration would look 48 00:02:36,680 --> 00:02:40,120 Speaker 1: to San Francisco as the next target for his federal 49 00:02:40,160 --> 00:02:44,320 Speaker 1: crime crackdown. We have more from Bloomberg's Amy Morris and Washington. 50 00:02:44,280 --> 00:02:48,120 Speaker 6: Critics have accused President Trump of exaggerating the criminal threat 51 00:02:48,160 --> 00:02:51,320 Speaker 6: as he sends military personnel and federal law enforcement to 52 00:02:51,400 --> 00:02:55,440 Speaker 6: major cities across the country, targeting crime and countering demonstrations 53 00:02:55,480 --> 00:02:59,520 Speaker 6: against deportations. Now the President is focusing on San Francisco. 54 00:03:00,120 --> 00:03:05,200 Speaker 3: Be strongly recommending, at the request of government officials, which 55 00:03:05,240 --> 00:03:08,360 Speaker 3: is always nice, that you start looking at San Francisco. 56 00:03:08,520 --> 00:03:11,600 Speaker 6: I think we can make San Francisco. There's one of 57 00:03:11,680 --> 00:03:14,440 Speaker 6: our great cities. Ten years ago, fifteen years ago. 58 00:03:14,560 --> 00:03:15,280 Speaker 1: Now it's a mess. 59 00:03:15,560 --> 00:03:19,080 Speaker 6: No word on windows deployments might happen in Washington anymore. 60 00:03:19,080 --> 00:03:20,320 Speaker 6: As Bloomberg Radio. 61 00:03:20,240 --> 00:03:23,720 Speaker 1: After the bell. United Airlines reported better than expected earnings 62 00:03:23,720 --> 00:03:27,120 Speaker 1: for the third quarter, and the carrier is expecting brand 63 00:03:27,200 --> 00:03:30,400 Speaker 1: loyal flyers as well as demand for its premium seats 64 00:03:30,680 --> 00:03:33,600 Speaker 1: to drive profit through the end of the year. United 65 00:03:33,639 --> 00:03:36,760 Speaker 1: predicted full year results at the upper end of its guidance. 66 00:03:37,040 --> 00:03:38,800 Speaker 1: Here is Bloomberg Sidarth Philip. 67 00:03:38,960 --> 00:03:42,240 Speaker 7: They've been upgrading the passenger in flight experience, so they've 68 00:03:42,280 --> 00:03:45,160 Speaker 7: been sort of spending on lounges. They've also been spending 69 00:03:45,200 --> 00:03:49,080 Speaker 7: on cabins and like, essentially upgrading seats, adding more business 70 00:03:49,120 --> 00:03:53,000 Speaker 7: class onto planes and making better business class seats as 71 00:03:53,040 --> 00:03:55,800 Speaker 7: well as improving I mean, we had the United CEO 72 00:03:55,840 --> 00:03:58,840 Speaker 7: a couple of weeks ago talking about how they investing 73 00:03:58,880 --> 00:04:01,280 Speaker 7: in food and beverage, some sort of investing a lot 74 00:04:01,280 --> 00:04:04,800 Speaker 7: of money in flight catering and making that a better experience. 75 00:04:04,880 --> 00:04:07,800 Speaker 7: So there is a lot of money that's going in. 76 00:04:08,080 --> 00:04:11,640 Speaker 1: That is Bloomberg Sedarth Phillip. New York City Mayor Eric 77 00:04:11,680 --> 00:04:15,320 Speaker 1: Adams says he's received an amazing job offer after he 78 00:04:15,440 --> 00:04:18,159 Speaker 1: leaves City Hall this year. We are told Adams made 79 00:04:18,160 --> 00:04:20,599 Speaker 1: the comment in a meeting with more than two hundred 80 00:04:20,600 --> 00:04:24,920 Speaker 1: participants from across New York City government. Adams also said 81 00:04:24,920 --> 00:04:27,479 Speaker 1: there could be more than one offer and that the 82 00:04:27,560 --> 00:04:30,520 Speaker 1: job would amount to an opportunity of a lifetime, second 83 00:04:30,560 --> 00:04:34,080 Speaker 1: only to running New York City. Adams quit his reelection 84 00:04:34,160 --> 00:04:37,400 Speaker 1: bid last month after polling indicated he was in last 85 00:04:37,440 --> 00:04:41,240 Speaker 1: place among the main candidates. We go to Sports Next 86 00:04:41,320 --> 00:04:44,680 Speaker 1: and the MLB Championship Series. In Game three of the 87 00:04:44,720 --> 00:04:48,320 Speaker 1: American League Pennant Race, the Toronto Blue Jays defeated the 88 00:04:48,400 --> 00:04:52,640 Speaker 1: Seattle Mariners thirteen to four. Seattle holds the lead in 89 00:04:52,720 --> 00:04:55,880 Speaker 1: this series two games to one. And that is news 90 00:04:55,920 --> 00:04:58,120 Speaker 1: when you want it with Bloomberg News. Now, I'm Doug 91 00:04:58,160 --> 00:05:00,720 Speaker 1: Prisoner and this is bloomberg S