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Israel Plans to Seize Gaza, Trump Fills Fed Seat, and 51 Million Hours of Paperwork | Bloomberg...
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August 8, 2025
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17:12Now PlayingYour morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) Israeli Prime Minister Benjamin Netanyahu secured cabinet approval on Friday for a military takeover of Gaza City, which he described as part of a final push to topple Hamas after 22 months of fighting and recover its last 50 hostages, dead or alive.
(2) President Donald Trump said he had chosen Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor.
(3) President Donald Trump said he’d be willing to meet with Vladimir Putin, even if the Russian leader hadn’t yet agreed to also sit down with Ukrainian President Volodymyr Zelenskiy.
(4) The US confirmed it would end stacking of universal tariffs on Japan and cut car levies as promised, Tokyo’s top trade negotiator Ryosei Akazawa said after a meeting on Thursday with his counterparts in Washington.
(5) Jamie Dimon, JPMorgan's chief executive, says US financial regulations are out of control and have been taken to a whole new level.According to an analysis by Bloomberg News, new financial regulations introduced since the Great Financial Crisis may have added 51 million hours of extra annual paperwork, bringing the total to 425 million hours.
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