Bloomberg

Republican Senator from North Carolina Ted Budd said Congress will want more information about the administration's objectives in Iran but the president has to have flexibility and options to try to 'defang' the regime in Tehran. Budd, who serves on the Senate Armed Services Committee, said that the administration has expressed the 'broad strokes' of its goals for the Iran war to both the American people and lawmakers. Senator Budd also discussed ongoing negotiations on DHS funding, saying that Democrats have walked away from two different bills to fund DHS and pay TSA workers.

Max Layton, global head of commodities research at Citi, joins Scarlet Fu on "Bloomberg Markets." Oil rose on Thursday after President Trump threatened Iran with intensified military action, with the two sides seemingly far from a ceasefire in a conflict that has upended global energy market.

Investor interest in backing startups in foundational industries has been growing. Rachel Holt, co-founder and managing partner of Construct Capital, discusses why the firm has been focused on this area since 2020. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Bloomberg's Mandeep Singh joins Scarlet Fu on "Bloomberg Markets." Memory chip stocks extended their losses on Thursday after Alphabet Inc.'s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial intelligence development.

European Commission Vice President Kaja Kallas speaks to Bloomberg's Oliver Crook about finding a way to end the wars in Iran and Ukraine, fully reopening the Strait of Hormuz and making sure Ukraine has the help it needs to fight Russia. They speak in France ahead of the G-7 meeting.

Pernod Ricard is exploring a potential acquisition of Brown-Forman Corp., the owner of Jack Daniel's whiskey. Michelle Davis has more on "Bloomberg Markets."

President Donald Trump appointed tech industry leaders including Mark Zuckerberg of Meta, venture capitalist Marc Andreessen, and Nvidia CEO Jensen Huang to a new presidential technology council that will focus on artificial intelligence policy and other science-related issues. David Sacks, Craft Ventures partner and co-chair of the President's Council of Advisors on Science and Technology, joins Ed Ludlow on "Bloomberg Tech."

Speaking at a Cabinet meeting at the White House, President Trump says Iran gave him a present of allowing 10 boats of oil to sail through the Strait of Hormuz.

President Donald Trump criticizes Federal Reserve Chair Jerome Powell over the Fed building renovation costs during a Cabinet meeting at the White House.

President Donald Trump says he's disappointed NATO did not cooperate with military operations in Iran. He speaks during a Cabinet meeting on Thursday.