Bloomberg News Now: Trump-Zelenskiy Meeting, NYC Debate, and Government Shutdown

Ukraine War and International Diplomacy

• 🇺🇦 President Trump is meeting with Ukrainian President Volodymyr Zelenskiy at the White House to discuss air defense and energy assistance.
• 💡 Ukraine has offered to share drone technology and production expertise in exchange for U.S. weapons and energy.
• 🤝 Zelenskiy is also expected to discuss potential U.S. liquefied natural gas exports and the use of Ukraine's pipeline infrastructure.
• 🇷🇺 Canadian Prime Minister Mark Carney stated that NATO should keep all options open if Russia violates its airspace, viewing Russia's actions as a sign of weakness.
• 🌍 A meeting between President Trump and Russian President Vladimir Putin in Budapest to discuss an end to the war in Ukraine has also been agreed upon.

New York City Mayoral Debate

• 🏙️ The first New York City mayoral debate featured heated exchanges, particularly on the issue of affordability.
• 💰 Democratic socialist frontrunner Zohran Mamdani supports a rent freeze on rent-controlled apartments, while former governor Andrew Cuomo argued this is unworkable.
• 🏢 Republican Curtis Sliwa suggested converting vacant commercial spaces in Empire State buildings into affordable apartments.
• 🗣️ Candidates discussed their approaches to President Trump, with Mamdani willing to work with him on affordability, and Cuomo warning of a potential "Mayor Trump" if Mamdani wins.

US Government Shutdown

• 🏛️ The U.S. government shutdown has entered its third week with no resolution in sight.
• 📜 Republicans are refusing to negotiate until the government reopens, while Democrats urge the extension of the Affordable Care Act tax credit.
• 🤝 Senate Majority Leader John Thune offered Democrats a vote to extend tax credits, but Democratic Senate Minority Leader Chuck Schumer prefers behind-the-scenes negotiations.
• 🏥 House Majority Leader Mike Johnson stated that Republicans will debate Obamacare subsidies after the government reopens.