Bloomberg Television
Showing 1–2 of 2 interviews.
- Bloomberg Television51 min
House Takes up Hegseth Impeachment Procedural Vote
Nick LaLota, Ruben Gallego, Erik Wasson, Jeff Mason, Mike Shepard, Caitlin Reilly, Kayleigh Lyons, Nora Melinda, Megan Hayes, Leslie Shedd
Republican Jim Jordan has been elected House Minority Leader to lead a combative opposition strategy, while Senate Democrats face potential leadership challenges from progressives like Chris Van Hollen. Simultaneously, the House voted to table impeachment articles against Defense Secretary Pete Hegseth amidst allegations of unauthorized military actions, even as economic volatility from rising inflation and CPI data spikes drove market declines and increased pressure for Federal Reserve rate hikes. With a December 11th government funding deadline approaching, Congress is navigating these legislative gridlocks while attempting to pass the NDAA and address crypto regulation before the lame-duck session concludes.
- Bloomberg Television52 min
Nvidia Shares Fall Amid CEO Probe
Ian King, Mandeep Singh, Thomas Massie, Pete Hegseth, Mike Shepard, Elizabeth Saunders, Carol Masser, Tim Stenevek, Charlie Pellett, Michael Shepard, Natalia Kenny Javich
Amid a broad U.S. market rally driven by falling oil prices and dip-buying activity, NVIDIA shares declined despite its semiconductor peers surging, a drop triggered by an internal board investigation into CEO Jensen Huang's extramarital affair with a woman suspected of being a Chinese spy. The scandal has introduced "key man risk" for the $4.26 trillion company, prompting congressional oversight and speculation that rivals like Anthropic and AMD could benefit from potential leadership changes or supply chain fragmentation. While President Trump has publicly defended Huang, the situation raises questions about national security and the future of AI dominance as investors await the company's November earnings report.