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.
Barack Obama heads to the Mitten State tomorrow, and Donald Trump and Bernie Sanders follow up Sunday as they all try to squeeze out votes in a race that could blow a hole in Democrats’ hopes of winning the Senate.

The attention from political heavy hitters — following recent appearances by JD Vance and Alexandria Ocasio-Cortez — tells you just how tight the Senate contest looks, and how much is at stake.

If Republican Mike Rogers flips the seat and defeats Abdul El-Sayed (who just added another $1 million donation from Sanders), it would force Democrats to essentially run the table on every other top-tier race to win a majority.
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 Washington Correspondent Jeff Mason.
Redwave Communications Owner and Iowa Republican Strategist David Kochel.
Bloomberg Washington Correspondent Tyler Kendall.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Friday Reporter Public Affairs Founder Lisa Camooso Miller.
The States Project Co-Founder Daniel Squadron.
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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’s plan to provide $8 billion to farmers to offset rising diesel costs is drawing skepticism from strategists and those in the agriculture community, who say the money offers only temporary relief as Republicans face pressure ahead of the midterm elections.

Trump announced the funding Monday during a campaign stop in Kansas, where Sen. Roger Marshall (R) is facing a surprisingly competitive reelection bid, Bloomberg’s Ilena Peng, Ben Westcott, and Michael Hirtzer reported. The aid is intended to help farmers cover higher fuel costs and comes amid warning signs that farmers, a typically Republican constituency, might not turn out to vote on Nov. 3.

But observers are doubtful Trump’s latest gambit will be a significant help to either farmers or Republicans, spelling potential trouble for the party in parts of the country where agriculture is the center of the economy.
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 Senior White House Reporter and Washington Correspondent Josh Wingrove.
Echo Canyon Consulting CEO Jon Seaton and Fortius Global Vice President Hannah Muldavin.
Romanian President Nicușor Dan.
Bloomberg TV Markets Correspondent Norah Mulinda.
Permitting Council Executive Director Emily Domenech.
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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.
Republican lawmakers, including some of the president’s strongest allies on Capitol Hill, blasted Donald Trump for waiving new tariffs and sanctions on Russia, prompting the president to defend himself against members of his own party.

House Speaker Mike Johnson, in a rare sign of disagreement with Trump, said Sunday he asked for consultations with the White House, citing Russian President Vladimir Putin as someone who “cannot be trusted.”

GOP critics said Trump’s decision trampled on the will of Congress, which overwhelmingly passed a sanctions law last month championed by the late Senator Lindsey Graham, and would aid Moscow’s war effort against Ukraine.
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 Senior Editor Bill Faries.
Sabato's Crystal Ball Managing Editor Kyle Kondik.
Bloomberg Opinion Contributor Gautam Mukunda.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and American Principles Project Political Director Katie Frost.
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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.
The Trump administration announced $8 billion in aid for farmers to help offset rising fuel costs, a major burden for growers during the harvest.

The move is the administration’s latest attempt to ease financial burdens on growers — traditionally a strong Republican voting base — ahead of midterm elections. The White House earlier this month also eased limits restricting the use of a tax-exempt variety of diesel.

The Harvest Fuel Relief program will “provide relief during temporary market disruptions and increased input costs,” the US Department of Agriculture said in a statement late Monday. The one-time payments will cover a portion of modeled losses for farmers during the 2026 crop year, according to the agency.
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 Courtney Subramanian.
Fortius Global CEO Jim Messina, Barack Obama 2012 Campaign Manager.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Jersey 1st Founder and President Rosemary Becchi.
Center for Strategic and International Studies Deputy Director of the Aerospace Security Project Clayton Swope.
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With the US midterm election weeks away, investors across the world are beginning to ask what it means for portfolios, sectors and companies. Last week, Bloomberg Intelligence analysts Nathan Dean and Elliott Stein toured Europe meeting with clients and investors to discuss the implications of the midterms. On the Oct. 19 edition of the Bloomberg Intelligence Washington Policy Pulse, Nathan Dean discussed BI's key sectors to watch after the midterms, what it means for Democrats to take the House of Representatives and what President Donald Trump may do in return.
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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