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: Graham Death, Crypto Bill Pass Odds?
4w ago00:13:39Summary readyA look at the fallout from Senator Lindsey Graham's unexpected death and the impact it has on reconciliation 3.0 chances, a potential for $350 billion in defense funding and the appropriations process led Bloomberg Intelligence's July 13 Washington Policy Pulse. The death of the Senate Budget Committee chairman -- who was a key proponent of another reconciliation package -- probably puts further roadblocks on the idea and supports our view that such a package has a low chance of success in 2026. We also discussed the forecast for the CLARITY Act and whether or not a crypto bill can pass in July. For crypto platforms like Robinhood and Coinbase, the failure to pass the bill in 2026 likely leaves the industry with regulatory certainty only for a few years, not long-term. Finally, we previewed Fed Chairman Kevin Warsh's testimony on Capitol Hill and whether or not he will address bank regulatory matters important to Bank of America, Citigroup and Wells Fargo. 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.
SummaryWashington Mourns Foreign Policy Hawk Senator Lindsey Graham
4w ago00:39:54Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Trump and lawmakers spoke out Monday in memory of South Carolina Senator Lindsey Graham after his sudden death early Sunday morning. In a social media post over the weekend Trump remembered Graham as, "one of the greatest people and Senators I have ever known.” Graham was known as a staunch foreign policy hawk and had spent his final days in Ukraine working to support the country's fight against Russia and was pushing for an increased Russian sanctions package. Graham's death opens up questions about the legislative path forward in the Senate, as well as questions about who will succeed him in his seat. 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 Bloomberg Congressional Reporter Erik Wasson Hudson Institute Senior Fellow Rebeccah Heinrichs Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino Chairman of Advancing American Freedom and Former Director of Legislative Affairs at the White House Marc Short See omnystudio.com/listener for privacy information.
SummaryTrump Says Iran Ceasefire Is Over
4w ago00:41:41Summary 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 the US would continue talks with Iran but considers the ceasefire between the countries to be over.“The Islamic Republic of Iran has asked us to continue ‘talks.’ We have agreed to do so, but the United States has stated to them, in no uncertain terms, that the Cease Fire is OVER!,” Trump said Friday on social media.The president’s comments follow several nights of US airstrikes and Iranian retaliation that sent oil prices higher and raised doubts about further talks toward a broader peace deal. The recent tensions, along with a US Treasury move to revoke a waiver allowing Iran to sell its oil globally posed the biggest challenges yet to an interim peace deal between Washington and Tehran. 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 US Ambassador to Iraq James Jeffrey. Bloomberg Tech Host Ed Ludlow Bloomberg Washington Correspondent Tyler Kendall. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Television Markets Correspondent Norah Mulinda. Quincy Institute for Responsible Statecraft Executive Vice President Trita Parsi. See omnystudio.com/listener for privacy information.
SummaryUS, Iran Trade Airstrikes as Fears Grow of a Return to War
Jul 900:34:10Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US military attacked Iran for a second day and Tehran retaliated against American allies in the Persian Gulf, raising fears of a return to war after little progress in efforts to secure a diplomatic outcome.US Central Command said on X about 90 targets were hit overnight — after 80 the previous day — “to further degrade” Iran’s ability to attack commercial shipping in the Strait of Hormuz. Iran reported strikes on the perimeter of a nuclear power plant and two railway bridges connecting the capital to the city of Mashhad, where former Supreme Leader Ali Khamenei is being buried on Thursday. 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. Bloomberg Economics Defense Lead Becca Wasser. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former Director for Iran at the National Security Council Emily Harding. See omnystudio.com/listener for privacy information.
SummaryTrump Says US May Strike Iran Again
Jul 800:40:26Summary 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 the US would probably launch further strikes on Iran and could resume a blockade on the country’s ports, ratcheting up pressure on Tehran and raising the prospect of a return to all-out war.“We hit them very hard last night,” Trump said Wednesday on the sidelines of the NATO summit in Ankara, Turkey. “Probably hit them hard again tonight.”Trump spoke hours after the US launched strikes on Iran, with almost 40 fighter jets — F-35s, F-15s, F-16s and F/A-18s as well as drones — hitting targets with precision-guided weapons, according to a US official. 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 Chief Political Correspondent Annmarie Hordern. Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg TV Markets Correspondent Norah Mulinda. Former Republican Congressman Patrick McHenry. See omnystudio.com/listener for privacy information.
SummaryNATO Tries to Keep Trump Onside
Jul 700:37:18Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. NATO allies have agreed to at least $50 billion in defense industry deals, according to an alliance official, to show to US President Donald Trump that Europe is heeding his spending demands.Secretary General Mark Rutte revealed some of the contracts on Tuesday during a defense industry forum in Ankara, Turkey’s capital, where the military alliance’s leaders are meeting for their annual summit this week. Those included $12 billion in deals to buy next-generation drones, surveillance planes and military aircraft.Notably, some of the contracts show Europe moving to locally source some equipment it previously bought from the US. Eleven countries, for instance, will now buy airborne radar-detection systems from Swedish aerospace firm Saab AB, replacing a US-made Boeing Co. model. The deal is worth $5 billion, according to a NATO diplomat. 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 Chief Political Correspondent Annmarie Hordern. Atlantic Council Nonresident Senior Fellow Melinda Haring. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. EqualAI President and CEO Miriam Vogel. See omnystudio.com/listener for privacy information.
SummaryTrump Rings Opening Bell, Heads to NATO Summit
Jul 600:34:08Summary 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 will meet with Ukrainian President Volodymyr Zelenskyy at a NATO summit in Turkey on Wednesday that will be charged with tension over the US leader’s views on Greenland, European defense spending and the Iran war.Trump arrives in Turkey on Tuesday, when he will meet with President Recep Tayyip Erdogan before a summit with the full defense alliance the next day, White House spokesperson Anna Kelly said.Trump, who has had an up-and-down relationship with Zelenskyy, had pledged as a presidential candidate to end Russia’s war with Ukraine within a day once he returned to office. He has been frustrated by an inability to do that. 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 US Ambassador to NATO Ivo Daalder. Bloomberg News Business of Sports Reporter Randall Williams. BGR Group Principal Lester Munson and Vantage Global Media Founder Jamie Jackson. SMBC Americas Chief Economist Joe Lavorgna. See omnystudio.com/listener for privacy information.
SummaryUS Hiring Slows, Curbing Momentum
Jul 200:41:36Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US hiring slowed sharply in June even as the unemployment rate fell, curbing some of the budding momentum in job growth this year. Nonfarm payrolls increased 57,000 last month after downward revisions to the prior two months took some of the shine off recent blockbuster reports, Bureau of Labor Statistics data Thursday showed. The unemployment rate fell to 4.2% as labor force participation plunged. 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. Republican Congressman Jason Smith of Missouri, House Ways and Means Committee Chairman. Stonecourt Capital Partner Rick Davis and Democratic Strategist Matt Robison. Democratic Congresswoman Suzan DelBene of Washington, Democratic Congressional Campaign Committee Chair. See omnystudio.com/listener for privacy information.
SummaryIran Wraps Up Doha Meetings
Jul 100:40:33Summary 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 negotiators had made progress in indirect talks with Iran, as the two countries seek to move past last week’s tit-for-tat strikes and convert their interim truce into a lasting peace.Trump’s son-in-law Jared Kushner and envoy Steve Witkoff visited Qatar on Tuesday for technical discussions on the initial agreement, which set a 60-day negotiating period between Washington and Tehran. “They’ve had very good meetings, and we’ll see. We hit them very hard for three nights, as you know, but we’re getting along very well, so I call it the denuclearization, and it’s all taking place,” Trump said, without specifying what, if any, breakthroughs were made. 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 and Washington Correspondent Jeff Mason. Rebelle Communications CEO Laura Fink and Digital Push Vice President T.W. Arrighi. Former Republican Congressman Patrick McHenry. Bloomberg Television Markets Correspondent Norah Mulinda. National Association of Manufacturers President Jay Timmons. See omnystudio.com/listener for privacy information.
SummarySupreme Court Backs Birthright Citizenship in Blow to Trump
Jun 3000:41:05Summary readyInsight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A divided US Supreme Court upheld the constitutional right of birthright citizenship, rejecting President Donald Trump’s planned restrictions and invalidating a central plank of his immigration agenda.The court said an executive order Trump issued hours after his inauguration last year couldn’t be squared with the Constitution’s 14th Amendment, which has long been understood as guaranteeing citizenship to virtually everyone born on US soil. The case tested what it means to be an American. Trump’s order sought to restrict birthright citizenship to babies with at least one parent who is a US citizen or green-card holder, affecting an estimated 250,000 children born to undocumented immigrants and temporary visitors each year. 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. Stonecourt Capital Partner Rick Davis and Maywood Strategies Principal Doug Farrar. Bloomberg News Legal Reporter Erik Larson. Former FTC Commissioner Rebecca Slaughter. Bloomberg White House and Washington Correspondent Jeff Mason. Kpler Head of Policy and Geopolitical Risk Michelle Brouhard. See omnystudio.com/listener for privacy information.
Summary