Bloomberg News Now January 13, 2026: Venezuela Frees Americans, Trump Sanctuary Cities Warning, More
Jan 14, 2026
Nick Wadhams and Tom Busby, expert Bloomberg reporters, dive into the current situation in Iran, discussing deadly protests and U.S. involvement. They also analyze the implications of J.P. Morgan's missed earnings and what to expect from upcoming bank results. Meanwhile, Chris Palmieri shares insights on Netflix's bold all-cash offer for Warner Bros. Discovery, breaking down Paramount's strategic responses and investor reactions. This conversation is packed with financial insights and critical geopolitics, making it a must-listen!
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Venezuela Releases Some U.S. Prisoners
- Venezuela's interim authorities have begun releasing U.S. citizens from prison as part of efforts to meet Washington's demands.
- The State Department views the releases as an important step in the right direction amid pressure following Nicolas Maduro's capture.
Sanctuary Cities Face Federal Funding Cuts
- President Trump said the administration will cut federal funding to sanctuary cities starting February 1st.
- He announced 90-day notices to states like California and threatened to stop payments to jurisdictions that 'support sanctuary cities.'
Trump Criticizes Powell And Teases Replacement
- Trump publicly criticized Federal Reserve Chair Jay Powell for not cutting interest rates and said Powell will be replaced soon.
- He linked mortgage rate declines to forces beyond the Fed and promised to announce a nominee within weeks amid DOJ scrutiny of the Fed.