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.

Attorney General Pam Bondi is leaving her post as head of the US Justice Department, ending a tumultuous tenure as the nation’s top law enforcement official after stumbles in her efforts to carry out President Donald Trump’s agenda.

“We love Pam, and she will be transitioning to a much needed and important new job in the private sector, to be announced at a date in the near future, and our Deputy Attorney General, and a very talented and respected Legal Mind, Todd Blanche, will step in to serve as Acting Attorney General,” Trump said in a post on Truth Social.

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, Joe speaks with:
Bloomberg Washington Correspondent Tyler Kendall.
Stonecourt Capital Partner Rick Davis and Third Way Executive Vice President Matt Bennett.
Bloomberg White House and Washington Correspondent Jeff Mason.
Constitutional Lawyer Robert McWhirter.
Groundwork Collaborative Managing Director Liz Pancotti.
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President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”

The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control.

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.
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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.

US President Donald Trump said he’ll only consider a halt to attacks on Iran when the Strait of
Hormuz is reopened, sowing further confusion about how long he’s prepared to continue the war.

Iran’s “New Regime President” has asked the US for a ceasefire, Trump said in a social-media post on Wednesday, possibly referring to comments Masoud Pezeshkian made Tuesday that the Islamic Republic has “the necessary will” to end this war — with certain guarantees.

“We will consider when Hormuz Strait is open, free, and clear,” Trump said. “Until then, we are blasting Iran into oblivion.”

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, Joe and Kailey speak with:
Former Vice President Mike Pence.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Bloomberg Washington Correspondent Tyler Kendall.
Gulf Oil Chief Energy Advisor Tom Kloza.
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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.

US President Donald Trump called on other nations to wrest control of the Strait of Hormuz as Iran maintained missile fire across the Persian Gulf, expressing his frustration that the monthlong war remains unresolved.

Countries that can’t get energy supplies due to the effective closure of the vital waterway should “go to the Strait and just TAKE IT,” Trump said in a social-media post on Tuesday.

“You’ll have to start learning how to fight for yourself” as the US “won’t be there to help you anymore,” he added, the latest sign he’s looking to exit a conflict that’s triggered a surge in oil and gas prices and stoked fears of a global economic crisis. “Go get your own oil!” he added.

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, Joe and Kailey speak with:
Bloomberg Washington Correspondent Tyler Kendall.
Former National Security Council Director for Syria and Lebanon Hagar Chemali.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
California Attorney General Rob Bonta.
Bloomberg Television Markets Correspondent Norah Mulinda.
Bipartisan Policy Center Senior Vice President Bill Hoagland.
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An update of the Congressional outlook for the ongoing DHS shutdown -- as well as Congressional plans after their April recess -- led Bloomberg Intelligence's Washington Policy Pulse on March 30. We also discussed ongoing Senate plans for a crypto market structure bill plus what the outlook for Kevin Warsh's nomination at the Senate Banking Committee after reports suggest a nomination hearing can happen the week of April 13. We also discussed SEC rulemakings on quarterly reporting and the Labor Department's proposal on alternative assets for private equity funds. Finally, we previewed President Donald Trump's budget, expected on April 3.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC.

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