Podcast
Balance of Power
Hosted by Bloomberg · EN
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
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Weekly Washington Policy Pulse: Stablecoin Proposal, Reconciliation (June 8, 2026)
Yesterday00:12:18Summary readyA review of market participant comments towards the Office of the Comptroller of the Currency's proposal on stablecoins led Bloomberg Intelligence's June 8 Washington Policy Pulse. Companies like Coinbase pushed the OCC to back off the idea of applying "bank-like" rules to non-banks while trade associations representing banks like Bank of America and Citigroup pushed for further restrictions on reward programs. We also discussed testimony from the House Financial Services Committee and how it impacts regional banks like PNC Financial and US Bancorp. Finally, we discussed the most recent reconciliation efforts as well as new tariffs and Republican goals ahead of the midterm elections. 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#/registrationSee omnystudio.com/listener for privacy information.
SummaryIran, Israel Pledge to End Attacks
Yesterday00:41:42Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Iran and Israel agreed to ease strikes against each other after a flare-up in violence threatened to derail peace negotiations and led President Donald Trump to appeal for de-escalation.Israeli Prime Minister Benjamin Netanyahu said in a televised statement Monday that Israel would hold its fire in Iran for now but would respond should Tehran attack them again. Earlier, local TV station N12 reported that strikes in south Lebanon, where Israel is fighting Iran-backed Hezbollah militants would continue at full force. Iran had earlier announced an end to its military operations against Israel. But its central military command warned that if Israel continued to attack, including in southern Lebanon, “much harsher and more crushing actions than before will be on the way,” the semi-official Fars news agency reported, citing a statement. 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. American Enterprise Institute Nonresident Senior Fellow Heather Conley. Republican Congressman James Comer, Chairman of the House Oversight Committee. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former Republican Congressman Denver Riggleman. See omnystudio.com/listener for privacy information.
SummaryTrump Touts Jobs Report as Stocks Slide
4d ago00:37:52Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US job growth topped all forecasts in May and the unemployment rate held steady at 4.3%, offering the clearest sign yet that the labor market may be breaking out of a prolonged period of lackluster hiring.Nonfarm payrolls increased 172,000 last month and hiring in March and April was stronger than previously reported, according to Bureau of Labor Statistics data out Friday. Taken together, the figures marked the strongest three-month advance in more than two years. 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 Economics US Economist Stuart Paul. Bloomberg White House Correspondent Kate Sullivan. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former Chief of Staff to Vice President Mike Pence Marc Short. Bloomberg Television Markets Correspondent Norah Mulinda. Arbroath Group Managing Director Christopher Smart. See omnystudio.com/listener for privacy information.
SummarySenate Rejects Bids to Kill DOJ Fund
5d ago00:39:09Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The Senate voted down a bid by retiring Republican Sen. Thom Tillis (R-N.C.) to permanently block the Department of Justice from establishing a fund to pay people who claim to have been victims of government “weaponization.”The weaponization fund, established as part of a settlement between President Donald Trump and the IRS, has received bipartisan pushback but failed to garner the 60 votes needed to pass. Only 15 senators voted in support of the amendment as part of a marathon vote series on a GOP bill (S.2) to fund Immigration and Customs Enforcement and Customs and Border Protection for the rest of Trump’s term.DOJ announced it was dropping the fund after a court blocked work on it, but lawmakers have sought to ensure it’s permanently shut down. The issue held up consideration of the immigration enforcement funding bill for weeks. 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 Congressional Reporter Erik Wasson. Bloomberg News White House and National Security Editor Michelle Jamrisko. Bloomberg Markets Live Blog Managing Editor Kristine Aquino. Stonecourt Capital Partner Rick Davis and Hicks Evaluation Group Founder and CEO Fredrick Hicks. See omnystudio.com/listener for privacy information.
SummarySenate GOP Cuts Trump Ballroom Funds
6d ago00:38:54Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Senate Republicans stripped federal funds for Donald Trump’s White House ballroom from a spending package after the money triggered a blacklash from lawmakers in both parties.The removal of the funds Wednesday is a fresh setback for Trump who a day earlier Senate Republicans forced to scrap a $1.8 billion fund to pay allies who claim they were unfairly targeted by the government. Senate Republican leaders and the White House had sought to attach $1 billion for security upgrades related to the ballroom project and East Wing replacement onto a partisan measure to fund immigration enforcement. 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: Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Georgia Governor Brian Kemp. Democratic Congressman Jake Auchincloss of Massachusetts. See omnystudio.com/listener for privacy information.
SummaryTrump Aims to Calm Lebanon Tensions
1w ago00:40:53Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump is still optimistic the US can reach an interim peace deal with Iran soon, after the Islamic Republic threatened to suspend talks because of Israel’s escalating attacks in Lebanon.Trump on Tuesday disputed reports in Iranian state media that said talks with the US had been suspended over the fighting in Lebanon, saying the two sides have been “continuously” having conversations, including “today.”The president told ABC News late Monday Washington and Tehran could finalize a memorandum of understanding to reopen the Strait of Hormuz as soon as “over the next week.” 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 Skylar Woodhouse. Council on Foreign Relations Senior Fellow Elisa Ewers. 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. University of Virginia Center for Politics Sabato's Crystal Ball Managing Editor Kyle Kondik. See omnystudio.com/listener for privacy information.
SummaryWeekly Washington Policy Pulse: Prediction Markets, Iran, Tariffs
1w ago00:17:52Summary readyAn update on a proposal that we believe will bring regulatory clarity to event contracts, key for platforms like Kalshi, Polymarket, CME Group and Robinhood, led Bloomberg Intelligence's June 1 Washington Policy Pulse discussion. The proposal likely reaffirms that event contracts are swaps and under federal jurisdiction. We also discussed a future Iran War Powers resolution and how it's unlikely to change President Donald Trump's views towards the conflct as well as the potential for new tariffs once the US Trade Representative completes what is known as Section 232 or Section 301 tariffs.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#/registrationSee omnystudio.com/listener for privacy information.
SummaryTrump Says Iran Talks Continue
1w ago00:41:48Summary readyInsight & 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 Israel and Hezbollah agreed to stop attacking each other in Lebanon and that talks with Iran were continuing after fresh violence threatened negotiations to end the Middle East conflict.Trump said he had spoken with Israeli Prime Minister Benjamin Netanyahu and representatives from Hezbollah, which the US considers a terrorist group, in separate phone calls.“There will be no Troops going to Beirut, and any Troops that are on their way, have already been turned back,” Trump said Monday in a social media post. “I had a very good call with Hezbollah, and they agreed that all shooting will stop — That Israel will not attack them, and they will not attack 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 Washington Correspondent Tyler Kendall. Georgia Tech Professor Adam Stulberg. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Decision Tree Research Founder and CEO Gregory Allen. See omnystudio.com/listener for privacy information.
SummaryTrump Signals 'Final Determination' Coming on Iran Deal
2w ago00:44:56Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said that he is ready to make his 'final determination' on a deal to extend a ceasefire with Iran. The president is the final sign off on a deal reached by negotiators that would extend the fragile ceasefire by 60 days and open the floor for further talks on Iran's nuclear program. Writing on Truth Social, President Trump laid out conditions for a tentative agreement, saying that Iran "must agree that they will never have a Nuclear Weapon or Bomb. The Hormuz Strait must be immediately open, no tolls, for unrestricted shipping traffic, in both directions." 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: Tyler Kendall, Bloomberg Washington Correspondent & Adam Farrar, Bloomberg Economics Senior Geoeconomics Analyst for Asia-Pacific Jeanne Sheehan Zaino, Harvard Kennedy School Ash Center Visiting Democracy Fellow & Sarah Chamberlain, Republican Main Street Partnership President and CEO Jane Harman, Former US Congresswoman from California, Former-Ranking Member of the House Intelligence Committee & author of “Insanity Defense: Why Our Failure to Confront Hard National Security Problems Makes Us Less Safe" Zach Stone, Hermeus President Zach Shore See omnystudio.com/listener for privacy information.
SummaryUS, Iran Truce Awaits Trump Signoff
2w ago00:33:11Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US and Iran have reached a tentative deal to extend a ceasefire by 60 days and launch further talks on Tehran’s nuclear program, a US source familiar with the matter said, raising hopes the three-month conflict could be nearing a resolution.The source, who spoke on condition of anonymity to discuss private negotiations, confirmed an earlier report from Axios. President Donald Trump has yet to agree to the terms. Both countries have previously hailed progress, with Trump repeatedly indicating the US was close to securing an agreement — only for the stalemate to drag on.Treasury Secretary Scott Bessent on Thursday would only say “the teams have been going back and forth” when pressed if an interim deal has been clinched. He insisted Trump’s three “red lines” — reopening the Strait of Hormuz, Iran turning over highly enriched uranium and ending its nuclear program — remain necessary for any pact. 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. Bluestack Strategies Founder Maura Gillespie and Rebelle Communications Founder & CEO Laura Fink. Democratic Congressman Mark Pocan of Wisconsin. See omnystudio.com/listener for privacy information.
Summary