Collection of Phone Data Defended by Lawmakers

June 6 (Bloomberg) -- The Republican and Democratic leaders of the Senate Intelligence Committee defended a secret Obama administration program collecting the telephone records of millions of U.S. residents, saying it was a critical tool to combat terrorism, even as other members of Congress condemned the surveillance as an intrusion on innocent Americans. Phil Mattingly reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

Will Saudi Arabia Go Back to Old Spending Habits?
48:31 - Fahd Iqbal, head of Middle East research at Credit Suisse, discusses President Donald Trump's economic plans and the prospects for Saudi Arabia's economy with Bloomberg's Yousef Gamal El-Din and Shery Ahn on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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