Balance of Power

Insight & analysis on the White House and Capitol Hill.
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.”

In a sweeping speech, his first since becoming chairman of the central bank in May, Warsh reiterated that policymakers will return inflation to their 2% goal, which he said is a firm and fixed target.

“Here is my standard: We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do. That’s our job,” Warsh said at the Fed’s annual conference in Jackson Hole, Wyoming, on Friday.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:
Bloomberg International Economics and Policy Correspondent Michael McKee.
Retired Army Brigadier General Leela Gray, Democratic Candidate for Florida's 13th Congressional District.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
White Oak Pastures Owner Will Harris.
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Insight & analysis on the White House and Capitol Hill.
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump announced he was moving to rename Lake Ontario as Lake America, escalating his clash with Canada after trade negotiations between the two nations collapsed.

Trump on Thursday signed a directive changing the name of the lake and said the move would take place “effective immediately.” The president previewed the move in a social media post earlier this week. The order signed by Trump said the Interior Department had 30 days to change the name in federal databases and materials.

“Canada has been ripping us off for a long time on trade,” Trump told reporters when asked what message he was sending to the US’s northern neighbor. “They want to be treated like they’re a state, and so we just can’t do that anymore.”
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:
Bloomberg White House Correspondent Kate Sullivan.
Former US Ambassador to Ukraine John Herbst.
Jersey 1st President Rosemary Becchi and Maywood Strategies Principal Douglas Farrar.
Bloomberg International Economics and Policy Correspondent Michael McKee.
Bloomberg Opinion Columnist Kathryn Edwards.
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Utah Governor Spencer Cox discusses Meta’s settlement, arguing the amount should have been much higher, yet argues the more consequential result is the equitable relief requiring child accounts, age-gating, parental controls, algorithm changes, overnight restrictions and healthy pauses. Cox thinks Meta buried research showing significant harms to young users and says Utah will use the money to mitigate those harms, help struggling children, and create more opportunities for them in the real world. Cox spoke with Bloomberg's Joe Mathieu and Tyler Kendall.
See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump’s latest trade upheaval is threatening to deepen Republicans’ peril in November’s midterm elections, saddling Senate GOP candidates with another economic headache as the party fights to hold onto its majority.

In recent days, Trump has announced plans for tariff relief on some ground beef imports, enraging cattle producers in states such as Iowa and Nebraska, and launched a new trade war with Canada, rattling manufacturers and businesses in border states including Maine, Michigan, Alaska and Ohio. Those states are all Senate battlegrounds crucial to Democrats’ strategy to retake the chamber.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:
Groundwork Collaborative Vice President Liz Pancotti.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Foreign Policy Adviser to Israeli Prime Minister Benjamin Netanyahu Ophir Falk.
Former Republican Congressman Patrick McHenry, Bloomberg Contributor.
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Ontario Premier Doug Ford said his war of words with President Donald Trump got a little heated, but he had to "hit back." Ford says the US and Canada need a fair trade deal, but he says no deal is better than a bad deal. Ford speaks to Joe Mathieu on "Balance of Power."
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