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.
President Donald Trump offered full-throated support for Pete Hegseth, signaling that the embattled defense secretary’s job was safe for now amid a congressional effort to impeach him for his conduct of the Iran war.

Republican Representative Thomas Massie introduced a measure on Monday to impeach Hegseth, roughly one week after the president’s party lost its majorities in both chambers of Congress in part because of the conflict in the Persian Gulf.

“He has won the war in two places, two big places, very important, very impactful, and they were won,” Trump told reporters on Monday, referring to Iran and Venezuela. “Really what has Hegseth done?”
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 Joe. Kailey and Tyler speak with:
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Rep. Troy Downing (R-MT).
Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.
Former Biden National Economic Council Director Lael Brainard.
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A look at President Donald Trump's agenda -- his primary focus, his statements on working with the Democrats as well as using his veto powers -- led the Nov. 9 Bloomberg Intelligence Washington Policy Pulse. In the coming months, Trump will likely focus on areas of policy that have more presidential control -- such as tariffs and geopolitical matters -- rather than working with the Democrats. We also discussed the upcoming lame-duck period and reiterated our call that the GOP has a 30% chance of completing a reconciliation bill that provides funds for Iran and farm aid. Finally, we discussed upcoming proposals we anticipate from banking regulators, key for the investment banks such as Bank of America, Citigroup, Goldman Sachs as well as regional bansk PNC Financial and Truist.
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.
The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration
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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 called Jensen Huang a “fine person” and said he should stay on as leader of Nvidia Corp. after the executive had an affair with a woman US intelligence officials reportedly suspect was a Chinese spy.

“I have not spoken to him about it,” Trump told reporters on Sunday before returning to Washington. “I just know he’s a fine person, but you never know what is going on.”

Asked whether Huang should stay on, Trump said, “I think so. Oh yeah, sure.”
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.
Rep. Greg Stanton (D-AZ).
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.
US Labor Secretary Keith Sonderling.
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.
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 International Economics and Policy Correspondent Michael McKee.
Rep. Sam Liccardo (D-CA).
White House Council of Economic Advisers Chairman Chris Phelan.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Former Republican Congressman Patrick McHenry.
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.
The Republican Party’s generational collapse in this week’s midterm elections ushered in a wave of finger-pointing largely aimed at the Oval Office, exposing deep fissures within the party and opening the door for 2028 hopefuls to hone their message.

Vice President JD Vance, the GOP’s presumed frontrunner, on Wednesday distanced himself from both President Donald Trump and the war against Iran. He blamed the party’s defeat on the war, the cost of living and US-Israel ties, saying the conflict cost his party the Senate for at least six years.

To those who are angry and “want to say, ‘I told you so,’” Vance wrote in a lengthy social media post, “you’re right, you did tell us so.
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 TV Markets Correspondent Norah Mulinda.
Bloomberg Senior White House Reporter and Washington Correspondent Josh Wingrove.
Rep. Debbie Wasserman Schultz (D-FL).
Bloomberg TV Anchor Romaine Bostick.
Stonecourt Capital Partner Rick Davis and Bully Pulpit International Managing Director Adam Hodge.
Bloomberg News Senior Editor Michael Shepard.
Former Republican Congressman and former Acting White House Chief of Staff Mick Mulvaney.
See omnystudio.com/listener for privacy information.