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

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Speaker 1: in Kleggy. President Trump says that he saw White House

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Speaker 1: Economic Advisor Kevin Hassett, Federal Reserve Governor Christopher Waller, and

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Speaker 1: former Fed Governor Kevin Walsh as the finalist. Says he

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Speaker 1: chooses a replacement for the Central Bank's chair Jerome Powell. Earlier,

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Speaker 1: Trump indicated that while he had some idea of who

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Speaker 1: he wanted for the position, he was committed to an

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Speaker 1: interview process. Treasury Secretary Scott Besson, who was thought to

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Speaker 1: be a contender for the job before removing himself from contention,

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Speaker 1: is organizing the search and reiterated Friday that he was

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Speaker 1: not interested in the position. New York City Mayor Eric

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Speaker 1: Adams says he will stay in the race for a

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Speaker 1: second term, accusing his opponent Andrew Cuomo of trying to

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Speaker 1: push him out of the race.

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Speaker 2: Andrew Cuomo is a snake in a liar. I am

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Speaker 2: in this race and I'm the only one that can

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Speaker 2: beat Mandnad.

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Speaker 1: Adams then denied reports he was headed to Washington Monday

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Speaker 1: to consider a job in the Trump administration.

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Speaker 2: There's a lot of reports, but I'm in Washington on Monday.

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Speaker 2: Those reports are wrong.

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Speaker 3: I'm not.

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Speaker 2: I'll be moving throughout this city in the five boroughs

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Speaker 2: that made me mayor in the first place. I'm running

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Speaker 2: for reelection and I'm going to tell New Yorkers every

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Speaker 2: day why I believe I should be the mayor of

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Speaker 2: the City of New York in twenty twenty six.

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Speaker 1: The decision comes a day after President Trump told reporters

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Speaker 1: that he'd like to see two candidates dropping the crowded

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Speaker 1: November election in order to improve the chances of defeating

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Speaker 1: Democratic socialist So Run Mom. Donnie, the Queen's Assemblyman, has

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Speaker 1: rattled political and business leaders with his progressive agenda and

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Speaker 1: his favorite to win Ken Views shares fell after The

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Speaker 1: Wall Street Journal reported that Health and Human Services Secretary

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Speaker 1: Robert F. Kennedy Junior is likely to link the company's

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Speaker 1: tailand Oal painkiller to autism, though the agency said the

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Speaker 1: news report was speculation. The federal government is expected to

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Speaker 1: release its findings on autism this month. The Journals, citing

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Speaker 1: people familiar with the matter, reported Friday that it is

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Speaker 1: likely to say that use of the over the counter

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Speaker 1: pain medication with asidamtaphin, which is the active ingredient in

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Speaker 1: thi litol may cause autism. President Trump moved Friday to

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Speaker 1: exempt graphite, tungsten, uranium, gold, bullion, and other metals from

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Speaker 1: his country based tariffs, while subjecting silicone products to the levees.

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Speaker 1: The changes are set to take effect on Monday under

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Speaker 1: an executive order issued Friday. Trump's directives could also speed

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Speaker 1: implementation of bespoke trade deals between the US and other countries,

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Speaker 1: making it easier for Washington to lift tariffs on aircraft parts,

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Speaker 1: generic pharmaceuticals, and certain products that can't be grown, mined,

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Speaker 1: or naturally produced domestically, such as specialty spices and coffee,

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Speaker 1: as well as obscure metals. Immigration authority said Friday they

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Speaker 1: detained four hundred and seventy five people, most of them

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Speaker 1: South Korean nationals, when hundreds of federal agents rated the

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Speaker 1: sprawling manufacturing site in Georgia where Korean automaker Hondai makes

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Speaker 1: electric vehicles. Stephen Schrenk, the lead Georgia agent of Homeland

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Speaker 1: Security Investigation, said during a news conference on Friday that

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Speaker 1: the raid resulted from a months long investigation into allegations

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Speaker 1: of illegal hiring at the site and was the largest

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Speaker 1: single site enforcement operation in the agency's two decade history.

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Speaker 1: Down Friday for the S and P five hundred index,

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Speaker 1: but it was an up week. We get more from

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Speaker 1: Bloomberg's Charlie Pellett.

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Speaker 4: For the week, the S and P five hundred index

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Speaker 4: was up point three percent. Strong evidence the US labor

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Speaker 4: market is slowing rippled through Wall Street, driving stock's lower

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Speaker 4: and bonds hire on concern the Fed will now have

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Speaker 4: to rush to prevent further weakness. The S and P

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Speaker 4: five hundred declined Friday amid warries that the Fed is

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Speaker 4: behind the curve on preventing jobs weakening at a time

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Speaker 4: when inflation continues to show signs of stickiness. For the week,

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Speaker 4: Nasdaq was up one point one percent, while the Dow

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Speaker 4: was down point three percent in New York Charlie Pellett

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Speaker 4: Bloomberg Radio.

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Speaker 1: President Trump signed an executive order Friday aiming to rebrand

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Speaker 1: the Department of Defense and since the Department of War

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Speaker 1: along telegraph move aimed at projecting American military toughness around

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Speaker 1: the globe.

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Speaker 3: We've been talking about this Department of War. So we

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Speaker 3: won the First World War, we won the Second World War,

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Speaker 3: we won everything before that, and in between and then

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Speaker 3: we decided to go, wo, can we change the name

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Speaker 3: to Department of Defense? So we're going Department of War.

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Speaker 1: The order comes at some of Trump's closest supporters on

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Speaker 1: Capitol Hill proposed legislation that would codify the new name

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Speaker 1: into law, with Congress having the sole power to establish, shutter,

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Speaker 1: and rename federal departments apps. In a change in law,

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Speaker 1: Trump will authorized the Pentagon to use secondary titles. Robinhood

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Speaker 1: Markets has been added to the S and P five hundred,

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Speaker 1: marking a new phase for the retail trading platform that

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Speaker 1: helped define the pandemic Ara boom in individual investing. The

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Speaker 1: company will join the benchmark in the latest quarterly rebalance.

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Speaker 1: App Lovin and mcore Group will also be added to

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Speaker 1: the index. The three companies will replace Market Access Holdings,

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Speaker 1: Caesar's Entertainments, and M Phase Energy. Prior to the start

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Speaker 1: of treading on September twenty second, the Friday numbers on

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Speaker 1: Wall Street the DAL fell two twenty, nas DAK dropped seven,

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Speaker 1: the SMP lost twenty. The ten year treasurer yield four

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Speaker 1: point zero seven percent, the two year yield three point

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Speaker 1: five one percent. That's news when you want it. With

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Speaker 1: Bloomberg News. Now I made Kleggy. This is Bloomberg