Episode summary

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry | Bloomberg Daybreak: US...

Bloomberg Daybreak: US Edition · · 16 min · Guests: Bill Clinton, Hillary Clinton

Trump Lobbies for Shutdown Deal; Clintons to Testify in Epstein Inquiry | Bloomberg Daybreak: US... – Bloomberg Daybreak: US Edition

Summary

The hosts focused first on the latest effort to reopen the government after a four-day partial shutdown. Trump urged House Republicans to pass a spending measure that would fund the Homeland Security Department for two weeks, giving negotiators more time to discuss limits on immigration enforcement. Two Republican holdouts dropped their opposition after speaking with the White House, clearing the way for a vote. Democrats said they want changes to how ICE operates, while the Labor Department said the January jobs report will be delayed because the agency is closed.

The show also covered Trump’s escalating confrontation with Harvard, after he said he is seeking $1 billion in damages following a New York Times report that the administration had backed off a prior $200 million demand. The segment then turned to the Jeffrey Epstein inquiry, where Bill Clinton and Hillary Clinton agreed to testify before the House Oversight Committee, putting off a contempt vote. The NFL said it will review emails between Epstein and Giants co-owner Steve Tisch before deciding on any discipline.

Later, the hosts discussed Trump’s comments on Iran, saying talks on a new nuclear deal may begin in the coming days even as he warned of major consequences if diplomacy fails. They also noted his surprise tariff deal with India, gold and silver’s sharp rebound, Palantir’s stronger-than-expected revenue outlook, and the planned SpaceX-XAI combination valued at $1.4 trillion.

Key takeaways

  • The host says Trump’s shutdown strategy hinges on a short-term Homeland Security funding bill to buy time for immigration talks.
  • The host says the Labor Department’s January jobs report will be delayed because the shutdown has closed the agency.
  • The host says Trump is seeking $1 billion in damages from Harvard after the New York Times reported the administration had retreated from a $200 million demand.
  • The host says Bill Clinton and Hillary Clinton agreed to testify in the Epstein inquiry, pausing a planned House contempt vote.
  • The host says Palantir’s revenue forecast beat Wall Street expectations and pushed the stock up more than 10% premarket.

Notable quotes

“President Trump is urging House Republicans to pass the measure that would fund the Homeland Security Department for two weeks”

— A speaker on Bloomberg Daybreak: US Edition at 0:15

“The Labor Department says the January jobs report that was due this Friday will be delayed because the agency is closed”

— A speaker on Bloomberg Daybreak: US Edition at 1:25

“President Trump says he's seeking $1 billion in damages from Harvard University after the New York Times reported that his administration had backed off demands for $200 million”

— A speaker on Bloomberg Daybreak: US Edition at 1:34

“Former President Bill Clinton and his wife, former Secretary of State Hillary Clinton, are now agreeing to testify in the House Oversight Committee's investigation into the late sex offender”

— A speaker on Bloomberg Daybreak: US Edition at 2:08

“They exceeded very high expectations. Their growth accelerated from more than 60% to more than 70%”

— A speaker on Bloomberg Daybreak: US Edition at 6:02

How the episode opens

Bloomberg Audio Studios, podcasts, radio, news. — Good morning. I'm Nathan Hager. — And I'm Karen Moscow. Here are the stories we're following today. — Karen, we begin with efforts to reopen the government 4 days into a partial shutdown. President Trump is urging House Republicans to pass the measure that would fund the Homeland Security Department for two weeks. That's to allow for more time to negotiate on limits to immigration enforcement. The president says even Democrats want to see this resolved.

I spoke with Senator Schumer numerous times and I don't think they want to see a shutdown either. — President Trump spoke from the Oval Office. A couple of Republican holdouts, Anna Paulina Luna of Florida and Tennessee's Tim Burchett dropped their opposition to the bill after speaking with the White House. That clears the way for a vote today. House Minority Leader Hakee Jeff says Democrats are pushing for dramatic changes.

The American people want to see the masks come off. The American people want to see body cameras turned on. — House Democratic leader Hakee Jeff. Now, Homeland Security Secretary Christy Nome says ICE agents will start wearing body cameras in Minneapolis after the outcry over two American deaths there last month. But as the shutdown continues, its effects are being felt. The Labor Department says the January jobs report that was due this Friday will be delayed because the agency is closed.

Nathan, President Trump says he's seeking $1 billion in damages from Harvard University after the New York Times reported that his administration had backed off demands for $200 million to satisfy accusations of wrongdoing by the Ivy League institution. Trump called the Times article completely wrong. The administration has waged an aggressive campaign against Harvard and other universities over accusations of anti-semitism linked to campus protests against Israel's military campaign in the Gaza Strip.

From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →

Topics

  • us government shutdown
  • immigration enforcement
  • harvard lawsuit damages
  • epstein inquiry
  • trump schumer spending deal

Companies and tickers mentioned

  • NYT
  • The New York Times
  • Harvard University

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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.

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