NEW: Marco Rubio has remade himself as Donald Trump’s global emissary. His transformation raises a question: What’s his long game?

That's our Bloomberg Businessweek cover story.

It includes my interview with Rubio, and thoughts from John Kerry, Steve Bannon, Rubio's former Risch, and many more

@nancook @business @BW

bloomberg.com/features/2026-…

NEW: Defense Secretary Pete Hegseth is facing growing criticism for the unpopular Iran war that he championed, with former top Trump administration foreign policy official @FredFleitz calling for his ouster after Tuesday’s GOP midterm election defeat.

His column, titled "Tough Love for President Trump: Reclaiming America First After the Midterms," was published today by @theamgreatness.

bloomberg.com/news/articles/…

THIS JUST IN: President Donald Trump said he was tapping longtime aide Stephen Miller as his new chief of staff with Susie Wiles set to move to his political operation.

bloomberg.com/news/articles/…

Great discussion yesterday on @BloombergTV's "Balance of Power" about our reporting that Secretary of State Marco Rubio is weighing whether to leave the Trump administration.

As I mentioned, our reporting is that a departure is something that Rubio is considering, but that it's not decided yet -- and that even if he WERE to leave, it wouldn't necessarily happen immediately, and wouldn't necessarily be to pursue a 2028 presidential run. We've long heard that going to work in the business world for some time is a possibility after spending almost every moment since he graduated law school 30 years ago serving in public office.

Rubio is among the most popular administration officials among White House staff and Republican donors, which is fueling hope that he'll run in 2028. But there are foreign policy objectives he wants to see through, particularly bringing democracy to Venezuela and Cuba.

For anyone who plans to leave Trump's cabinet, doing so soon would carry the benefit of the opportunity to get a successor confirmed in the current Republican-majority Senate rather than face a Democrat-controlled chamber in January, as @jeffmason1 points out.

Thanks for the conversation @JMathieuReports @kaileyleinz!

youtu.be/LYVTAjaPvsc?si…

Happy #Diwali!

Secretary Rubio to the New York Times's @tylerpager @AKurmanaev in response to Bloomberg's reporting:

“I don’t know where these things come from, to be honest with you.”

“I love the work I’m doing. And plus I always laugh when they say he’s going to leave his job. I go, ‘Which one?’”

He also declines to talk about the 2028 election.

Secretary of State Marco Rubio is weighing whether to leave the Trump administration, people familiar with the matter said, as he considers his next moves following Republicans’ midterm elections wipeout this week.

From @SalehaMohsin @nat_droz @jendlouhyhc @annmarie and me

bloomberg.com/news/articles/…

Secretary of State Marco Rubio is weighing whether to leave the Trump administration, people familiar with the matter said, as he considers his next moves following Republicans’ midterm elections wipeout this week.

From @SalehaMohsin @nat_droz @jendlouhyhc @annmarie and me

bloomberg.com/news/articles/…

Mexico's more pragmatic, business-driven and dynamic foreign policy is all about delivering results, not headlines, says @JPSpinetto.

Very good and insightful column

bloomberg.com/opinion/articl…

From our Businessweek October cover story, on the consideration by people around Marco Rubio for when he should leave the Trump administration.

"As the Iran war drags on, inflation persists and Trump’s approval ratings dwindle, some people in Rubio’s camp have quietly explored whether he should exit the administration — and if so, when.

Several times this year, these people have sought advice from political strategists about the potential timing for a departure, according to a person familiar with the discussions.

At least one strategist has recommended that Rubio leave sooner rather than later, the person says, given Trump’s history of souring on the people around him.

Rubio denies that the conversations took place. “Whoever’s telling you that, they’re just lying,” he told me in a September interview. “They’re just making it up to make themselves relevant.”

bloomberg.com/features/2026-…

President Donald Trump’s second-term approach to foreign policy shattered historical precedent.

If history is any guide, it’s set to be even more unchained now that Democrats will take control of Congress and fight him at home.

From @Magdalena_971 @iainmarlow @nwadhams @wbenjaminson and me

bloomberg.com/news/articles/…

NEW: Speaker Mike Johnson doesn’t intend to lead House Republicans next year following the party’s election defeat, said people familiar with his plans.

Huge @elwasson scoop

bloomberg.com/news/articles/…

California y Texas, las dos grandes economías estatales de Estados Unidos, serán gobernados por demócratas hispanos, ambos de origen mexicano.
Vaya día.

NEW: Democrat Keisha Lance Bottoms Wins Georgia Governor Race, NBC Projects

Follow Bloomberg's free live blog here

#Midterms2026

bloomberg.com/news/live-blog…

Awaiting #Midterms2026 results at one of the European embassies
W/@EMPosts

A friend in Warsaw predicts a Republican Senate pickup of 10 seats, but that's just one Pole.

Today’s first time voter was: 
- Born in 2008 
- 8 years old when Trump was first elected 
- In middle school when Covid hit

America’s referendum on President Donald Trump’s second term is underway...

bloomberg.com/news/articles/…

President Donald Trump will speak at the Lincoln Memorial Reflecting Pool on Monday afternoon, one day before the US midterm election

#Iran’s Supreme Leader ordered his top military commanders to prepare for renewed confrontation with the US and Israel and expand Tehran’s options for retaliation, even as his top diplomat signaled progress in diplomatic talks.

From @pat_syk @DLKhraiche @KevinWhitelaw1 and me

bloomberg.com/news/articles/…

@pat_syky@DLKhraichea@KevinWhitelaw1us at a news conference after a #G20 foreign ministers meeting in Atl#G20 that the US hasn’t made any decision to renew strikes on Iran and that President Trump prefers a diplomatic resolution. He added that the US retains the capabilities to achieve whatever military objective Trump decides to pursue.

“What the Iranian regime is basically arguing is unless we get what we want, not only will we blow up ships, but we will destroy the energy infrastructure of our neighbors in the entire region,” Rubio said. "Just think about that, because I think we skip over that like that’s some sort of normal behavior. That’s not normal behavior. That’s not.”