White House says homeless people in D.C. could be 'susceptible' to jail time
NBC News· 2025-08-12 19:25
Regarding the president's efforts in Washington DC, do you have any specifics about how homeless people will be dealt with, where they would be moved to. What What does this look like. I do.Yes. And it's an important question. So, thank you for raising it.Um, the Metropolitan Police Department with the support of the new federal agencies who have been surging on the streets of the District of Columbia are going to enforce the laws that are already on the books here in Washington DC. For far too long, these ...
Fed will begin cutting rates again in September, says PIMCO's Mike Zudzil
CNBC Television· 2025-08-12 19:24
Let's talk about it all with Mike Cudsell. He is a senior portfolio manager at PIMCO. Mike, pleasure to get you on the show.The market, Visav, the CME, Fed funds, futures, etc. pricing in basically 100% chance of a rate cut at the September meeting. Are you at 100%. Yeah, thank thanks for having me, Brian, and and pleasure to be here.Um, we do think recalibration 2.0% know starts again in in September. Uh the Fed most likely, you know, resumes cutting rates. Um most likely 25 basis points.The data will will ...
‘Not consistent with facts’: D.C. AG pushes back on Trump’s crime narrative
MSNBC· 2025-08-12 19:19
Violent crime is a serious concern for all of us in the District of Columbia. Nobody should be a victim of a crime. Uh and we as public officials need to do everything we can to drive crime down and we have done that.Unfortunately, the president's characterizations of what's happening on the ground here in the District of Columbia is not consistent with the facts. Uh we have seen meaningful significant drops in crime since I was elected in 2023 when there was a crime spike. crimes, violent crimes have consi ...
Taylor Swift Teases Surprise Album
Bloomberg Technology· 2025-08-12 19:15
This is dominated Google trending, by the way, and most other social platforms for most of the time I've been awake. This is big. Tell me more.Could you sleep last night. Were you able to. Or were you just so excited that you had to stay up thinking about it.That was that was Elon Musk related. Let's stick with tailored at least. I mean, look, she's she's the biggest pop star in the world, if not even really close.She just wrapped her Arab tour, which is the best selling concert in music industry history le ...
LIVE! SpaceX CRS-33 ISS Resupply Launch to ISS from Cape Canaveral, Florida
The Launch Pad· 2025-08-12 19:10
LIVE! Join us for SpaceX launch of a cargo resupply mission (CRS SpX-33) to the International Space Station for NASA from SLC-40, Cape Canaveral Space Force Station in Florida. Join our community Discord! https://discord.com/invite/xCm9UpDPE4 This coverage is made possible by our amazing community! Consider becoming a The Launch Pad Member and go behind the scenes with early video access, behind the scenes live streams and more! SUBSCRIBE to The Launch Pad! https://www.youtube.com/@TheLaunchPad SUBSCRIBE to ...
"Socialism Will Sweep Over This Nation, I Fear" - David Friedberg
All-In Podcast· 2025-08-12 19:06
It seems to me like nobody's happy. If you if you missed it, there was this like crazy town hall. It occurred in um Nebraska and everybody was upset.Freeberg, I wanted to make sure you saw this. I should have sent it to you earlier. I'm not sure if we talked about in the group chat, but you had people who were at once upset in Nebraska about the government spending too much, then not the the Medicare cuts, Medicaid cuts.People were universally on both sides absolutely infuriated at the state of affairs. Nob ...
China Wants Homegrown AI Chips, Says Eurasia Group's Hsiao
Bloomberg Technology· 2025-08-12 19:02
Back when we were stopping the flow of ships to China, It was America's national security concern about how China would use those chips. In the military context, the development 24 hours later after the president cut that deal, is China saying we have national security concerns and we want to champion our own domestic names. Who has the upper hand in this negotiation.Well, I think that for China, a lot of the signaling that it has been engaged in is largely performative. We know that the Chinese continue to ...
SEC's Pierce on Tokenization, Bitcoin in 401(k) Accounts
Bloomberg Television· 2025-08-12 18:59
Let's talk a little bit about that. EO So it instructs the Department of Labor and the SEC to adjust their rules and regulations to allow those retirement accounts to invest in private assets, to invest in crypto, or at least to allow it. How will the S.E. C. approach this.What does that checklist look like. Katie It's great to be here. I think we've already started that process of opening the private markets to retail and thinking about ways that we can get them access in a way that's diversified, professi ...
Nvidia Chip Deal Helps China’s AI Goals: Dave Lee
Bloomberg Technology· 2025-08-12 18:57
We've been talking a lot about how China is urging its domestic firms, air firms, not to use Nvidia's H20 chips. This after the US agreed to revenue split for allowing AI semiconductors from NVIDIA from R&D to re-enter China. Now, Bloomberg opinion columnist Aly wrote about this yesterday about the decision by the White House and also what it would cost the US in terms of an advantage.The story moves on continually, but what was so striking about your story was, look, if there's a 50% cut taken by the US Go ...
Circle CEO Jeremy Allaire: We'll see robust credit markets on blockchain networks
CNBC Television· 2025-08-12 18:45
I think a lot about these issues. Obviously, I think first um the base layer of digital cash on the internet needs to be as safe as possible and I believe that you know the bipartisan policym I think leadership from the administration has set in federal law that stable coin money is going to be this very safe fully reserved form of money. when you have money moving at the speed of the internet everywhere in the world, you need it to be as safe as possible and short duration treasuries uh you know there are ...