kushner met with top officials from saudi aramco.ed a close relationship with saudi crown prince mohammad bin salman during the trump administration. kushner has been criticized for seeking investors from some of the european countries he dealt with in the white house. they u.k. will propose legislation that would let the government impose sanction on russian oligarchs in the event of an invasion of ukraine. russian billionaires have been buying up property and assets in the u.k. since the 1990's. russia has repeatedly denied it to invade ukraine. disney's quarterly results have given a boost to a ceo who is finally out of the shadow of its predecessor. they report earnings and streaming and subscriber growth that beat estimates. bob chapek has been ceo for two years. bob: it's really almost directly a function of what the new content is that's flowing into the service. obviously, that content was impeded and made a little choppy even more by the fact that, you know, we had covid and it interrupted our production cycles. >> his prede

bloomberg has learned donald trump's son-in-law jared kushner held talks with saudi arabia's defective ruler in recent weeks. he also met with top officials from saudi aramco. kushner formed a close relationship with saudi crown prince mohammad bin salman on during the trump administration. kushner has been criticized for seeking investments from some of the middle eastern countries he dealt with in the white house. global news 24 hours a day, on-air, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. i'm mark crumpton. this is bloomberg. ♪ matt: good afternoon from new york where it is 1:00, 6:00 in london, 2:00 in hong kong. i'm matt miller. welcome to bloomberg markets. here are the top stories we are following from around the world. full coverage of today's cpi print which showed inflation coming in hotter than expected, a 40-year high. what it means for the federal reserve's interest rate trajectory as jim bullard backs a supersized hike. how is credit factoring into the fed's equation? we will discuss with meghan graper. and we w

michael kushner, your thoughts next month. michael: i think it's still off the table.t's obviously possible. i think this number was strong, but it was not as strong as it looked. there have been seasonal adjustment issues, the bls adjustments over the past year. that increased a lot of payroll and employment growth, from earlier 2021. just as we would dismiss too weak a number, we should not dismiss, but not think this changes the game plan too dramatically from before. we're still on track for sequential hikes, but fairly quickly to the 1% level, four hikes, and see how it goes. jonathan: big move on the bond market either way. bank of america say this, and they're in the seven hikes camp. let's be clear about that. the strength of wages could lead to more persistent inflationary pressures that the fed will want to start counteracting. the markets picking up on some of this, kathy. it's not the base case yet, but that the center of gravity leaning in that direction, five, maybe more. you're not there, kathy. why? kathy: the reason i'm not there is that i really want

glenn kushner is sticking around. i'll get through the rest of the show without crying. >>> the january 6th committee involving the phony elector scheme, plus. >> if russia does invade in the days and weeks ahead, the human cost for ukraine will be immense. a strategic cross for russia will also be immense. >> president biden puts russia on notice and prepares the people for the economic fallout here at home if russia invades ukraine. >>> ilhan omar joins me on the fight against no knock warrants in the aftermath of the killing of amir locke. >>> selling mementos of misconduct and no, we're not talking about trump. "the reidout" continues after this. ing about trump. "the reidout" continues after this what are you recommending for muscle pain? based on clinical data, i recommend salonpas. agreed... my patients like these patches because they work for up to 12 hours, even on moderate pain. salonpas. it's good medicine [upbeat acoustic music throughout] [upbeat acoustic music throughout] [upbeat acoustic music throughou

moscow to forget the scottish moron in moscow dishwasher. archie political editor, mikaela, mikaela, kushner, attended that press conference and keep. earlier i spoke to her about whether chance social says offer 2 of aide to ukraine was too little too late. of we are seeing some signals already coming out of moscow. not necessarily related to this meeting here today, but it clearly german chancellor, ola saw it said we know what to do and it appears that moscow understands that the west has coordinates. it coordinated itself to a degree that there could be some swift responds because we're hearing that to vladimir putin and secular, off his foreign minister came out today and said that there may be a chance for further talk talks. and that's exactly what, what amusing lensky ukrainian present and german chancellor. so it's in this building behind me, the residence of the president. we're talking about today that there needs to be a diplomatic process that it's worth going the extra mile and continuing the talks . so some potential silver lining on the horizon that am making clear that every

jared kushner was very close with the young mbs, and jared kushner was recently spotted in saudi arabiastate what a close relationship president trump holds with the saudis. the reason he said he did was he said they're an important player in the world. but it brought a lot of criticism when the saudis did various things throughout his presidency and he defended them even when others urged him not to. >> josh, thank you. josh's reporting in washington. >>> next, a look at a self-prescribed association that wants to remove voters from the list, and wait until you hear who is behind it. >>> the horse-racing contest tonight. the winner of last year's kentucky derby stripipped of al time. nside. ♪ tums, tums, tums, tums ♪ tums chehewy bites (vo) what makes my heart beat? having everything i want in the place i love. jamaica. heartbeat of the world. let's go (music) ♪ i think to myself ♪ ♪ what a wonderful world ♪ [zoom call] ...pivot... work bye. vacation hi! book with priceline. 'cause when you save more, you can “no way!” more. no wayyyy. no waaayyy! no way! [phone ringing] hm. no way! no

jared kushner supported it. that doesn't mean necessarily that donald trump really supported it. but he let jared do it. >> he signed it into law. >> he could take the credit for it. but do you think he was out there pushing for this? >> yeah, it was really a jared project because jared's father had been to prison. >> was it? you were there. >> and juaron smith. >> jared was involved. >> what was his job at the white house? >> he was a deputy assistant for -- >> domestic policy? >> domestic policy, yes. a great guy. >> i don't think trump was a champion of it. >> wasn't it also that jared had convinced president trump that this would help him shore up minority votes? >> yes. this along with supporting hbcus and other things like that. this would help him to appeal to black voters. but trump has always -- he talked about having the death penalty for drug dealers. like trump is someone who is very, you know, from that '80s, '90s -- tough on crime, certain crimes. that's always been trump. >> keeping with our trump theme, republican senator marco rubio of florida told cnn's manu raj

jared kushner was working the hill nonstop. republicans were working the hill nonstop.al justice and get on board. i just would keep going back, no thank you. of course, they say that just to upset half the audience out there probably. but for a republican to blame democrats for criminal justice reform is so rich. it is like republicans don't understand we have videotape on them. >> and this was a priority of the trump administration and republicans in the senate. it was one of the rare moments of bipartisanship under president trump's presidency. i think tom cotton didn't think there were going to be democrats on the floor to call him out. it is stunning to see somebody go down to the floor and in a five-minute span say it was all the democrats who did this and then when they get caught on it draw it back and say, oh, yeah, right, it was the republicans. i think it is over hyped to say that the first step act, which allowed for a handful of nonviolent drug offenders to get out of long prison sentences a little early is what caused the murder rate in this country to go

well, let's get both the don't you said she's to the school editor, mckayla kushner, who was at travelling with chancellor shots yesterday on his trip to moscow. a welcome mikayla. russia says is withdrawing the sub troops rama ukraine's border. is it too early to breathe? a sigh of relief? no, it isn't. you can have a sigh of relief relief. certainly that immediate military threat seems to be off the cards for now. while moscow adding a putin also speaking to would have saw as the german chancellor there, it was stressing that he would maintain his interests and that means keeping up the pressure. so it seems to be that those intelligence reports may or may not have been part of a strategy as well at to basically convey the message that yes, the threat was immediate, then action was needed. and that there needed to be some kind of reaction on the russian side as well as to engage in dialogue to prevent those sanctions because those already they can kick in at any time. and that is the message that seems to really have arrived in moscow as well. ok now be jovan jo, chancellor was in moscow

so does this require a reassessment of what jared kushner did over the past four years on the middleies there to sort of look -- go back and look at some of those strategies that were employed, as you just described, and how that's now coming to fruition. you're right as you set up this conversation that, you know, if this had not been in, quote, the trump administration folks would be approaching what we're seeing now with very different, you know, set of lenses, but you have to put the correct lenses on and look at exactly what's happening here and i think when you go back and you see this idea of developing a much more direct personal relationship between israel and the arab nations, i think was a very smart move and it's now beginning to bear some fruit and we'll see what comes, whether there's a book or not from jared, i think what we're seeing happening on the ground right now portends some really good opportunities longer term, certainly for the middle east and to the point that was made about the u.s. role in the middle east, going forward. >> congresswoman, before we let you

jared kushner held talks with saudi arabia's de facto ruler in recent weeks. with top officials from saudi aramco. he formed a close relationship with mom and bring some on -- with crown prince mama been solemn on during the administration -- prince mohammad bin salman during the administration. russian billionaires have been buying up property and assets in the u.k. since the 1990's. russia has repeatedly denied it plans to invade ukraine. credit suisse cut after posting net loss, but found the bank has found a way to avoid its best performers. >> the fact is in 22 anyone, we also included compensation and terms of our -- for each third delivery plan, and it is well seen by our employees. credit suisse is more positioned to pay in terms of compensation. ritika: global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> i think right now it is unpleasant because the regime has shifted. people are getting used to it. i think we are going

this is a guy who pardoned michael flynn and roger stone and manafort and papadopoulos and jared kushner's father and pardoned a lot more than that in the last few months of his presidency. he has a record of doing this. of pardoning people who stick up for him and who don't tell on him. so republicans should believe him when he's saying this. >> mark, i mean, we know they want to speak with mike pence, as well. i mean, do you think he'll do it? >> well, don, i think what's been shocking to all of america but a especially americans like ana and i is the extent the entire party rolled over under donald trump's autocrat thumb, it takes a few good men and women. like mark short. he's a straight shooter. he's compelled to tell the truth. and people like liz cheney, only takes a few to tell the truth and the truth gets out and the truth will prevail. >> i think it takes more than that, mark. i had a little glimmer of hope. call me maybe naive or of optimists. when i heard lindsey graham who spent the trump years doing nothing but polishing shoes, when i heard graham talk about how it would be i

just this week professor steven kushner who teaches at state university in new york said this. >> imagine male wants to have sex with a 12-year-old girl, imagine that she is a willing participant. a very standard, very wildly hailed view there is something deeply wrong about this decriminalized. it's not obvious that is to me in fact wrong. the notion that it's wrong even with a 1-year-old is not quite obvious to me. there are reports in some cultures of grandmothers if he a little the baby boys to calm them down when they are colicky. >> jesse: the professor doesn't see what's wrong with an adult male having sex with a 12-year-old girl? we contacted the university and they called the comments represent prehence cybil. but the truth is this professor has been spreading these twisted ideas for a long time. here he is in 2020 arguing that raping children isn't really that harmful. >> evolution begin reproduction. physically harmful or emotionally harmful. we make children do all sorts of things. >> thank you. >> we make them go to church. we make them go to the temple. we tell them to go to

jared kushner couldn't get top security clearance until trump overruled officials.trump took white house documents to his golf club. that is no joke. >> that is no joke. we have a four-star general, petraeus, who damn near got himself a felony, but he didn't, he made a deal for a misdemeanor for letting his biographer look at his classified notebooks. and that's a pretty -- that could have been a very serious offense. he had to resign from the cia and it certainly dampened any potential of him becoming president. so these things do have consequences for most people. >> jamie, talk to us about -- i'm wondering if this means anything, if it means they were using personal devices, this gap in phone call records and call records to the then-president during the riot? >> here's a reporting. what do we know about donald trump, don? he loves to talk on the phone. he was up in the residence every night normally talking to people all night long on the phone. what is notable here is, as you said, there is a three-hour-plus gap where there do not seem to be any recorded phone

sample the person that was given the position in the middle east to oversee what was going on jared kushnerg a business interest and event issues like with a prestigious golf course championship these are all examples of how we have to be more transparent to put safeguards with the uk so how can we better face the issues and is an important if we try to influence other countries that we are clear to do everything we can on these issues ourselves? >> if i may answer i agree with that wholeheartedly not only me who agrees of that but the russian opposition so if you are to ask in autocracy's around the world with the single most important thing they would like to see happen that would be the end of money laundering the and fresh and oligarchs using that financial system to hide their money and this is one of the main sources of power and this is how they keep their money they don't come from rule of law society so they put their money in places that do have rule of law and both at the national level we have a particular problem with some states that have enabled people to anonymously park the

even jared kushner had to lorraine un. >> no, that is not -- look, israel.d is a mistake. this is -- territory. this is not on the palestinians. the palestinians have structure. i agree within the -- as well to maintain civilian control, and military control. the palestinians have -- but the rest of it, area see, has been there for many years. and people as great as the -- negotiated security council to go through and be there for the united states. israel has the best claim for the west bank. so if you've seen the conclusion, that it is palestinian land that doesn't belong to israel, you are going in a very wrong direction. >> look, i don't think we have time for that discussion today. as you know, that's an outlier position. the world recognizes this. the geneva -- i know you don't agree with that. you wrote about it in your book. but the point, is the palestinians we're never going to agree to annexation. and you went for annexation after you agree that you would not. and several hours later no less. >> it's all in the book, i don't want to go into it. th

behind the steele dossier and also the russia alfa bank story plus attacks on trump's children, jared kushners on carter page, gosh pap -- george papandreou manafort. could they have placed this information inside of the doj and the fbi and the mueller probe? you will see a lot here. jim, you see a lot of these narratives played out inside of the media. it is clear how close the hillary campaign was feeding information into the media like cnn and msnbc and others to go after trump and his campaign. >> right. i mean remember the sussman indictment alleges that mr. sussman went to the fbi, proclaimed that there was this russian connection. then went back to the media said, hey, guess what, the fbi is investigating a russia connection. it is so circular the way they feed themselves, create circular narrative, the trump rule ends justify means. fbi, media, political part of jim comey's fbi, hillary clinton campaign and they were like-minded individuals and too happy to spread this type of defamation for years it turned out. elizabeth: they were probing michael cohen, his family, nra, gop primarie

jared kushner wanting to create a hotline in between the white house and the kremlin and away. fact that the presidents very brief first national security adviser was paid to attend an artist that's a russian tv state owned network anniversary banquet, was pay tens of thousands of dollars to attend two seats away from vladimir putin. it tells you about the proximity there. the sums up for -- similarly cozy. you would see moscow propagandist embracing this from fox news, the most widely watched network. tucker carlson is the most watched show on that network. it's the one that casts such fear and thrall from so many figures, particularly in the house republican side you seek to join congressional ranks. >> people will look back on this period as this little, where the parties and lines have been drawn boldly over this conflict. when almost feels like the time is coming because precisely relating to tucker carlson. i'm wondering if it's just a matter of time before his pro russian, anti ukraine rhetoric basically takes over the house republican conflict. is this going to become t

jared kushner is making the rounds right now in the middle east to raise money for his own business ventures pay attention to what donald trump is going to go begging to for money at this progresses. the other piece of it i just find which is a head scratcher is that suddenly because of leticia filing decided they couldn't voucher for financial statements they couldn't voucher for financial tatements. these were the same in the center of the litigation i engaged with donald trump in. he claimed he lied about it but claimed he gave me documents when reporting. they turned up in my deposition. i looked through all of them for the first time in my deposition with trump's legal team and they said we cannot certify these under gap, generally accepted accounting practices. that's a sniff test accountants use to make sure something is kosher and corresponds with the professions, standers for what should be reported publicly. in 2006 and 2007 that something wasn't completely up to snuff. the difference was i was a journalist. now they are looking at the fact the new york state attorney general is ra

andrea bernstein is an investigative reporter and author of "american oligarchs: the kushners, the trumps the marriage of money and power." she has long reported on trump's finances for npr, and joins me now. andrea, okay, translate this for us. what exactly is this accounting firm saying in their accounting language, and how significant is this in their long history with president trump and his trump ornization? >> it is significant, and it's significant because donald trump is no stranger to accusations of financial fraud. there have been congressional investigations, there have been previous investigations, there was an indictment last june by the man hasn't district attorney and his accountants have stood by him. and we learned yesterday due to a court filing that they are no longer standing by him, that they say they have an irreconcilable conflict of interest and that they cannot stand behind almost a decade's worth of financial statement. that's a big deal. millions of dollars in loan decisions and other decisions were made in part on the basis of those statements, and now the acco

jared kushner was dumb enough to chat on whatsapp with the alleged saudi murder prince. we already new that our disgraced twice impeached president ripped things up into tiny little pieces and the documents had to literally be tamed back together. the "washington post" has new extensive reporting that trump's payment sledding by hand was far more widespread and indiscriminate than previously known. and despite multiple admonishments throughout his presidency. it is unclear how many records were lost or destroyed through trump's ripping routine as well as what consequences if any he might face. hundreds of documents, if not more, were likely torn up, those familiar with the practice say. this is by the way, very, very illegal. those documents were not his to destroy. the presidential records act, quote, establishes public ownership of all presidential records which can be disposed of only after approved by an, a i'vist. additionally the post is reporting that the national archives had the records from mar-a-lago. it is not a government property despite trump pretending it

i mean, let's remember jared kushner reportedly couldn't even get top secret security eaeaeae,ntil trumprruled intelligence officials so the idea trump took documents out of the white house to his golf club -- that is no joke. >> that is no joke. that is a -- we have a four-star general, patrias, who damn near got himself a felony but he made a deal for a misdemeanor for letting his biographer look at his classified notebooks. and that's a pretty -- that could have been a very serious offense. he -- he had to resign from the cia, and it certainly dampened any potential of him becoming president. so, these things do have consequences for most people. >> jamie, talk to us about -- um, i am wondering if this means anything. if it means they were using personal devices? this gap in -- in phone call records, in call records to the then president during the riot. >> so -- so here's -- here's our reporting. what do we know about donald trump? don, he loves to talk on the phone. he was up in the residence every night, normally, talking to -- to people all night long on the phone. what is notable

ok, mikaela kushner at d. w as chief political editor who's in munich force and at our chief political correspondent in the crime, who's been here since you to thank you both for your analysis. now you're watching deed of new news from berlin. more coming at the top of the hour and don't forget you can follow the entire unit security conference live on our youtube channel. combo hires on ukrainian present voluntary to lansky speaking there later. so to everybody, thanks for joining us. take care and see very soon, ah, the program is controversial. political surprising. the 2022 berlin ali, great cinema, despite corona, different cinema because of corona, will show you all the things that caught her eye. arts 21 in 60 minutes on. oh. are driven by merciless greed. others are fighting the destruction organic. when the invaders came to prison, they shut down the next day. the government is trying to destroy the indigenous people with a large scale. pershing and grabbers are exploiting b, amazon rain forest. indig

reckless in the handling of classified information from the bestowment of sci clearances to garrett kushnerity secrets are protected. that being said, this just is plain as day, black and white, a violation of the law. t so, you know, what would be political, here is to grant a prosecution exception to a former president of the united states on the basis that would be novel in american law that the office is above the law somehow, and of course, it is not. and oso, if this was a privaten the marine corp, if this was david petrayas, if this was any one of dozens of other people who have been prosecuted for mishandling classified information, it's pretty clear about how serious the charges would be, and how the prosecutors have a justice department would act. so the mystery here is whether the h justice department branchn exception to donald trump and continues the tradition that seemingly trump or his family can do about anything they want without consequence, and so are thosens days ending? maybe. we shall soon see. >> thank you all, the review, appreciate it, alley vitali, steve schmidt, m

kushner, and jeffreys, and others. but it is an important bill. wish that his administration as head of the bureau of prisons would have tried to implement it. but it didn't. hopefully the biden administration will. there has been an individual i have been in touch with, michael cohen, who was an attorney for mr. trump, who has been incarcerated. he's on -- he still has certain limitations. he is got parole, i guess. but those could be -- those conditions of the restrictions on his liberty could be removed if they completed the fresh start act and gave him the very he deserves for the time he spent in prison as, really, a political prisonerie because wh he did was just facilitate mr. trump's work with miss stormy daniels. and individual one has not been punished. but michael cohen should get his credits, and hopefully the biden administration will see that everybody who deserves their credits get them. ms. levi there is nobody in the system that is supposed to work on compassionate release, you just make your application to the warden? do you thin