President Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s Board of Governors over findings the central bank mismanaged the renovation of its headquarters.
Defense Secretary Pete Hegseth called press coverage of the Iran war “a national betrayal,” and described journalists as anti-American traitors for reporting on the actions of the Pentagon.
Crypto billionaires Tyler and Cameron Winklevoss poured more than $2.9 million in just one day into advertising to fight Senate Democratic candidate Sherrod Brown, adding to the escalating financial firepower the crypto industry is training on the Ohio populist.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from DC. On today's show, Republican Senator Ted Budd of North Carolina, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Democratic Congresswoman Ami Bera of California and former Deputy Director of National Intelligence Lt. General Karen Gibson (Ret.). (Source: Bloomberg)
US Supreme Court Justice Samuel Alito said his withdrawal from a high-stakes climate change case involving the oil and gas industry was a “difficult judgment call” he made even after the court’s legal office said he didn’t have to disqualify himself.
Defense Secretary Pete Hegseth announced the creation of a new command to oversee and coordinate drone development and deployment supporting overseas operations.
Portugal’s opposition Socialist Party said it will ask lawmakers to abstain in an initial vote on the 2027 budget, boosting chances for the minority center-right government to push its fiscal plan through parliament.
Venezuela’s main opposition bloc demanded the repeal of a law used to prosecute dissidents and silence critics, rejecting acting President Delcy Rodríguez’s proposal to merely reform it.
A midterm election fight over data centers and surging electricity costs erupted in the Senate Wednesday with lawmakers trading accusations of political opportunism.
The Federal Reserve’s internal watchdog says there was nothing criminal about a project to renovate the central bank's headquarters in Washington. The $2.4 billion project did come in over budget. It became a flashpoint between former Fed Chair Jay Powell and President Donald Trump. Bloomberg's Michael McKee reports. (Source: Bloomberg)
A pilot of a jet carrying more than 170 passengers to Tel Aviv stabbed his colleague and tried to crash the plane in what Israeli Prime Minister Benjamin Netanyahu branded a serious security incident (translation via AP). (Source: Bloomberg)
Senate Democrats blocked a bill to prohibit US lawmakers from purchasing stock in public companies and lashed out at Republican leaders for attaching unrelated voter identification restrictions they argued would make casting ballots cumbersome for some US citizens.
Prime Minister Andy Burnham said the UK government believes the Iranian state was behind a security incident at an airbase that’s used by the US to launch strikes on the country.
Prime Minister Andy Burnham said he wouldn’t need to increase taxes to pay for his plan to create a new British social care service, just days after indicating that further levies would be required.
Russia warned it could strike defense manufacturers in European countries that help supply arms to Ukraine, the latest in Moscow’s increasingly direct threats against NATO members over support for Kyiv.
Giorgia Meloni’s allies are confident that the Italian prime minister will get sufficient backing in the country’s lower house for the final approval of her flagship electoral reform next week.
The Commodity Futures Trading Commission is teeing up two new prediction market-related rules that could impact litigation over the agency’s jurisdiction over sports-related event contracts.
Mark Jones, a political science professor at Rice University in Houston, talks about the polls shaping the final weeks of the midterm campaign and key differences between the numbers in Texas' 2018 Senate race and this year's election. He speaks with Bloomberg's Julie Fine. (Source: Bloomberg)
President Donald Trump unveiled plans for South Korea to invest $200 billion in US energy projects, including eight nuclear power plants, a Texas power generation facility and an Alaska natural gas export venture.
