Balance of Power

Insight & analysis on the White House and Capitol Hill.

The Senate voted to pass a slate of sweeping new sanctions against Russia Friday afternoon and extended existing sanctions against Iran. The bill faced pushback over its use of tariffs on countries that buy Russian oil, with some Democrats and Republican Rand Paul saying that would give President Trump too much authority to place new tariffs on countries like China and India. The Senate also made moves towards confirming Trump's nominee for Attorney General, Todd Blanche. Earlier in the day Senator Bill Cassidy of Louisiana said that he would back Blanche, clearing the way for his confirmation to the role. Giving remarks on the Senate floor Cassidy said, 'Mr. Blanche is not perfect, and he will tell you this, but the choice is not between perfection and Mr. Blanche. It is between Mr. Blanche and another acting attorney general, who may not run the department effectively under President Trump.'

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
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 White House Correspondent Josh Wingrove
Former Chair of the White House Council of Economic Advisers under President Joe Biden Jared Bernstein
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie
Bloomberg's Tyler Kendall sits down with US Army Secretary Dan Driscoll
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President Trump took to Truth Social Thursday to hit back at reports that the US has depleted much of its munitions stockpile and that the president clashed with Defense Secretary Pete Hegseth over the state of the stockpile. President Trump wrote, "The U.S. has massive amounts of 'munitions'" in his post and said that more were being manufactured. In an additional post Thursday afternoon, he doubled down saying 'I am extremely happy with the job that Pete Hegseth is doing.'

Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
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 White House Correspondent Jeff Mason
Council on Foreign Relations President Emeritus Richard Haass
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis.
Former Republican Congressman from North Carolina and Former House Financial Services Committee chairman Patrick McHenry
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Former Virginia Governor Glenn Youngkin says he does not anticipate being on a presidential debate stage in 2028, while stopping short of definitively ruling out a campaign. Youngkin also says communities should have the final say on data center development and that developers must address concerns about power, water and infrastructure. He also discusses his new initiative promoting a federal scholarship tax credit. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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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.
Abdul El-Sayed won the Democratic US Senate primary in Michigan, notching a narrow but cataclysmic victory over Representative Haley Stevens and the establishment wing of the party that backed her in the battleground state.

El-Sayed prevailed with 48.5% of the vote to Stevens’ 47.5%, according to the Associated Press. Mallory McMorrow, who had suspended her campaign, drew 4% of the votes.
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 News White House Correspondent Kate Sullivan.
Political Scientist Lara Brown.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis.
University of Virginia's Center for Politics' Sabato's Crystal Ball Managing Editor Kyle Kondik.
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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 is pushing Iran to reach a deal with Oman on the Strait of Hormuz as soon as Tuesday, or face devastating air strikes.

“I want to give them every last chance before decapitation,” Trump told reporters on Monday. “You’ll find out today or tomorrow. I mean, they’re going to go quickly, one way or the other. It’s not very complex.”

This is a “last chance” for Iran to come to an agreement, the president said, after he called off what he described as a major attack on the Islamic Republic over the weekend that would have likely involved Israel.
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 News White House and Politics Team Lead Jordan Fabian.
American Petroleum Institute President and CEO Mike Sommers.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis.
Bloomberg Tech Co-Host Ed Ludlow.
Brookings Institution Vice President Suzanne Maloney.
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