Bloomberg Daybreak: US Edition

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  1. 3 HR AGO

    US Calls Ukraine Talks Productive; Trump Teases Fed Chair Pick

    On today's podcast:1) US and Ukrainian negotiators said they had productive discussions about a framework for a peace deal, but there was no final breakthrough as President Trump continues to push for a truce with Russia. “There’s more work to be done,” Secretary of State Marco Rubio told reporters in Florida after meeting for at least four hours with Ukrainian officials led by National Security and Defense Council Secretary Rustem Umerov. “This is delicate. It’s complicated.” The meeting, which took place in Hallandale Beach, Florida, with US special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner also in attendance, was likely the last chance for Ukraine’s negotiators to sway Witkoff before he leads a US delegation for talks in Russia this week. The two sides discussed potential parameters for a ceasefire as they pored over a 19-point proposal that emerged in Geneva last week — as well as the status of the Russian-occupied Zaporizhzhia nuclear power plant, the biggest in Europe, according to people familiar with the discussions. 2) US authorities believe the man suspected of fatally shooting a National Guard member and seriously wounding another in Washington, DC, was radicalized while in the US, Homeland Security Secretary Kristi Noem said. Asked on NBC’s Meet the Press about the suspect’s motive, Noem said investigators are still collecting information and talking to his contacts. Federal authorities have identified the suspect as Rahmanullah Lakanwal, 29, an Afghan national who worked with US forces and the CIA in Afghanistan before arriving in the US in 2021. He was subdued and taken into custody shortly after the shooting on a street a few blocks from the White House on Wednesday.3) President Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signaled he wants a chair who will more forcefully pursue cuts. People familiar with the matter told Bloomberg News last week that White House National Economic Council Director Kevin Hassett, Trump’s chief economic adviser, is seen as the likely choice to succeed Powell. See omnystudio.com/listener for privacy information.

    15 min
  2. 3 DAYS AGO

    National Guard Soldier Dead After DC Ambush; Trump Calls for 'Reverse Migration'

    On today's podcast:1) One member of the West Virginia National Guard who was shot in the attack near the White House in Washington, DC, died after being in critical condition, President Trump said Thursday. US Army Specialist Sarah Beckstrom, 20, originally from Webster Springs, West Virginia, died after being shot Wednesday. US Air Force Staff Sergeant Andrew Wolfe, 24, remains in critical condition. Federal authorities have identified the suspected shooter as Rahmanullah Lakanwal, 29, an Afghan national who previously worked with US forces and the CIA in Afghanistan before arriving in the US in 2021. He was subdued shortly after the shooting and taken into custody. Trump said he is in serious condition.2) President Trump called for “reverse migration” in the US as he outlined a series of potential measures to crack down on immigration, including halting admissions from unspecified developing nations and revoking citizenship from some naturalized migrants. In a pair of Truth Social posts late Thursday that disparaged many US immigrants, Trump said he would “permanently pause migration from all Third World Countries” and “denaturalize migrants who undermine domestic tranquility.” Trump offered no details on how he would implement these policies or what he considers a “third world” country, an ill-defined and often offensive term for developing nations. Congress for years has failed to pass major immigration reforms, and courts have blocked some of his previous executive orders limiting immigration.3) Washington's proposals for ending the war in Ukraine could be the basis for future agreements, but no final version exists yet, Russian President Vladimir Putin said, while signaling an openness to talks. The Kremlin confirmed on Wednesday that US presidential envoy Steve Witkoff was expected to visit Moscow next week and meet with Putin, as President Trump continues his push for a resolution to Moscow’s nearly four-year-old invasion of Ukraine. Trump on Tuesday said there was “tremendous progress” made over the past week on his peace proposal, the original draft of which drew the ire of Ukrainians and Europeans. See omnystudio.com/listener for privacy information.

    17 min

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Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

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