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WSJ What’s News

NYC Mayor Indicted on Federal Charges

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 26 September 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

A.M. Edition for Sept. 26. Eric Adams says he has no plans to resign as federal prosecutors in Manhattan prepare to announce details of the case. Plus, OpenAI looks to become a for-profit enterprise, in part to appeal to investors, and parts ways with Chief Technology Officer Mira Murati. And, as Donald Trump and Kamala Harris talk economic policy this week, the WSJ’s Richard Rubin explains why the federal deficit remains the multi-trillion-dollar elephant in the room. Luke Vargas hosts.  Sign up for the WSJ’s free What’s News newsletter. Correction: Israeli Prime Minister Benjamin Netanyahu is due to speak at the U.N. General Assembly on Friday. An earlier version of this podcast incorrectly said he was due to speak there on Thursday. (Corrected on Sept. 26) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:25.7

This is a high-risk investment and you should not expect to be protected if something goes wrong. New York City Mayor Eric Adams is indicted on federal charges. Plus Open AI plans a big shift in its mission and part ways with top executives, and despite the US federal

0:46.1

debt being at historic levels and growing, we'll look at why neither Kamala Harris nor Donald

0:52.0

Trump are likely to reverse that trend if elected.

0:54.8

It's just not been an issue that politicians have focused on in part because you don't get a lot of reward for it.

1:00.5

Right now for every dollar that the US government takes in it's spending even aside

1:05.8

from interest a dollar and 21 so we're getting government basically at a

1:09.1

discount it's Thursday September 26th.

1:12.6

I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of

1:16.4

What's News?

1:17.7

The top headlines and business stories moving your world today. We are reporting that New York City Mayor Eric Adams has been indicted on federal criminal charges, the details of which are expected to become public today.

1:36.2

A spokesman for the U.S. Attorney's Office in Manhattan declined to comment, the New York Times

1:41.7

earlier reported the charges, which mark a stunning blow to the

1:45.0

leader of America's largest city who's been dogged by a series of probes involving

1:50.1

his associates with one investigation examining whether

1:53.4

foreign money was funneled into his campaign through illegal donations.

1:57.4

Last night, Representative Alexandria Ocasio Cortez, who represents

2:01.9

parts of Queens and the Bronx, became the highest-ranking

...

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