Wisconsin and Florida Election Results; Trump's Tariff Announcement

Wisconsin and Florida Election Results; Trump's Tariff Announcement

On today's podcast:

1) Voters in Wisconsin push back on Elon Musk and Republicans in Florida fend off Democrats. Elon Musk-backed candidate, Brad Schimel, lost a Wisconsin judicial race despite Musk pouring millions into the campaign, with Susan Crawford winning 55% to 45%. Republicans held onto two House seats in Florida, winning about 57% of the vote in both districts, but with smaller margins than in the November general election.

2) The world waits as President Trump's tariff announcement comes down to the wire. President Trump's team is finalizing plans for reciprocal tariffs to be unveiled on Wednesday, with multiple proposals under consideration, including a tiered tariff system and a customized reciprocal plan. The tariffs are expected to take immediate effect, with countries able to negotiate to bring rates down, and could apply widely, even to countries with which the US doesn't have a trade imbalance.

3) The SALT tax deduction could get a boost in Republicans' massive tax bill. Republicans are drafting a tax bill that includes increasing the state and local tax deduction to up to $25,000 for an individual, a major victory for swing-district House Republicans.

See omnystudio.com/listener for privacy information.

Episoder(1594)

Congress Passes Epstein Files Bill; Nvidia Earnings on Deck

Congress Passes Epstein Files Bill; Nvidia Earnings on Deck

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Global Markets Extend Selloff; Saudi Arabia's MBS to Visit White House

Global Markets Extend Selloff; Saudi Arabia's MBS to Visit White House

On today's podcast:1) Global markets extended a broad selloff, with US stock futures signaling a fourth day of losses and Bitcoin briefly slipping below $90,000 as traders pulled away from speculative...

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Trump Urges House Vote for Epstein Files Release; Bessent on $2K Tariff Dividend Checks

Trump Urges House Vote for Epstein Files Release; Bessent on $2K Tariff Dividend Checks

On today's podcast:1) The Justice Department would have to publicly release unclassified records relating to the late financier and convicted sex offender Jeffrey Epstein under a House proposal set fo...

17 Nov 202515min

Bloomberg Daybreak Weekend: Nvidia Earnings Preview

Bloomberg Daybreak Weekend: Nvidia Earnings Preview

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to earnings from Nvidia, Walmart, and Target. In th...

15 Nov 202537min

Trump Readies Tariff Cuts in Affordability Push; Fed Rate Cut Doubts Grow

Trump Readies Tariff Cuts in Affordability Push; Fed Rate Cut Doubts Grow

On today's podcast:1) President Trump is readying substantial tariff cuts designed to address high food prices and a series of new trade deals — including framework agreements with Argentina, Guatemal...

14 Nov 202515min

Shutdown Ends as Trump Signs Spending Bill; Trump-Epstein Ties Back in Spotlight

Shutdown Ends as Trump Signs Spending Bill; Trump-Epstein Ties Back in Spotlight

On today's podcast:1) President Trump signed legislation to end the longest government shutdown in US history, marking the official conclusion to a 43-day impasse that halted food aid to millions of h...

13 Nov 202518min

House to Return for Shutdown Vote; Trump to Host Finance CEOs at White House

House to Return for Shutdown Vote; Trump to Host Finance CEOs at White House

On today's podcast:1) The US House of Representatives will be back at work Wednesday for the first time in 53 days to vote on a bill that would end the longest government shutdown record. The legislat...

12 Nov 202515min

US Shutdown Nears End as Senate Passes Deal; Trump Teases India Trade Pact

US Shutdown Nears End as Senate Passes Deal; Trump Teases India Trade Pact

On today's podcast:1) A record-setting 41-day US government shutdown is on a path to end as soon as Wednesday after the Senate passed a temporary funding measure backed by a group of eight centrist De...

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