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Bloomberg Television51 min

Hegseth Says Massie Bid Hurts Troops

Hegseth, Massie, Kailey Leinz, Tyler Kendall, Rick Davis, Jeanne Sheehan Zaino, Troy Downing, Lael Brainard, Kaylee Lines, Charlie Pellett, Jeanne Shanzano

Interview, Fireside Chat, Panel

House Republicans are convening to choose between Steve Scalise and Jim Jordan for minority leadership, while Senate GOP leaders are expected to confirm John Thune without opposition. This legislative session faces critical deadlines regarding a House vote to table an impeachment effort against Defense Secretary Pete Hegseth and a potential government shutdown over funding and military spending constraints. Concurrently, markets reacted to hotter-than-expected inflation data and a scandal involving Nvidia's CEO, prompting calls for Federal Reserve rate hikes and new AI export legislation.