Biden Calls for Pause in Gaza; Powell Hints Fed's Done; George Santos Survives | Bloomberg...

On today's podcast:

1) President Joe Biden said Israel and Hamas, a militant organization designated a terrorist group by the US, should “pause” fighting () to allow time to free more hostages from Gaza. Israel says that 17 of its solders have so far died during battles in the Hamasruled enclave.

2) Federal Reserve Chair Jerome Powell hinted the US central bank may now be finished with the most aggressive tightening cycle in four decades () after it held off on raising interest rates for a second consecutive policy meeting.

3) Apple will deliver its fiscal fourthquarter results on Thursday (), giving investors the first indications of how the new iPhone 15 is selling.

4) An attempt by fellow New York Republicans to expel Representative George Santos from the US House fell short () on Wednesday night.

5) In sports, the Texas Rangers Win First World Series Title () and legendary basketball coach, Bobby Knight, has died at the age of 83.

Full transcript here:

Good morning. I'm Nathan Hager and I'm Karen Moscow. Here are the stories we're following today. We begin with the latest developments in the Middle East. President Biden says Israel and Hamasa should pause fighting to allow time to free more people from the Gaza Strip. Speaking in Minnesota, the President responded to a protester who demanded a full ceasefire. The United States are going to continue to drive humanitarian support pretas and people on Gaza who need help, and they do need help. We're going to continue to affirm that Israel has the right to respond responsibility to defended citizens from terror, and it needs to do so on a manner of those consistent international and humanitarian law. The presidents also hailed international efforts to open the Rafa border crossing, which allowed hundreds to leave the territory yesterday. Hamas says six hundred more are expected to leave today, including four hundred American citizens. Well, Nathan, we now turned to politics back home. Another attempt by fellow New York Republicans to expel Representative George Santos from the House fell short last night, and Bloomberg's Amy Morris has details from Washington. George Santos is indicted on fraud charges and accused of misconduct. The vote to remove him requires two thirds majority. House Speaker Mike Johnson argued that an expulsion should be contingent on a criminal conviction or some official finding of ethical misconduct. Santo says the vote was a victory for due process. I feel like due process is still alive. I feel like there's enough colleagues on both sides of the aisle here who understand that this was the second time Santos survived in expulsion vote. On Tuesday night, the Ethics Committee said it would reveal its next course of action by November seventeenth, regarding its inquiry into allegations of misconduct in Washington. I Mamy Moore as Bloomberg Radio, all right, Amy, thank you. Meanwhile, the civil fraud trial against former President Donald Trump has reached a key moment. The former president's oldest son has taken the stand. Donald Trump Junior told the judge he was not involved in preparing financial statements for his father's company. In his words, the accountants worked on it. New York Attorney General Letitia James accuses Trump and his two eldest sons of inflating asset values by billions illegal profits. Trump juniors do back on the stand today. The former president is set to testify on Monday. Well, Nathan, we have another big trial in New York and nearing its and jury deliberations could begin as soon as today. In the fraud trial of Sam bankman Fried Bloomberg, the legal reporter AVA Benny Morrison was in the courtroom for the closing arguments. Bank Munfree lawyer Mark Cohen has tended to use metaphors and his jury addresses in this trial, and he suggested that the government had wrongly painted Sam as a villain, as a monster in a Hollywood film about a grand fraud scheme. He said that certainly wasn't the case. Yes, at one point his client was probably the worst dress CEO in the country and had bad hair. To anyone and everyone, including journalists, had a messy life, but that wasn't a crime. And Bloomberg's eva, Bennie Morrison says macbin Freed is charged with seven counts of fraud and money laundering following the collapse of his ftx cryptocurrency last year. Karen, let's now turn to a busy day for the...