Balance of Power
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. The podcast covers U.S. politics and policy, with a focus on the balance of power in Washington. It features interviews with lawmakers, analysts, and Bloomberg reporters. The show also streams live on YouTube.
Episodes
Trump Stumps For Sullivan in Alaska; White House Asks Amb. Guilfoyle to Resign
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The White House said it has asked US Ambassador to Greece Kimberly Guilfoyle to resign from her post following allegations of unethical conduct.President Donald Trump, speaking to reporters on Tuesday, indicated that she would be leaving.“I didn’t speak to
Trump’s Diesel Deal With Putin Stirs GOP Unease
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 deal with Moscow on its diesel exports and his praise for Vladimir Putin are just the latest in a string of Russia-related news that has sparked public criticisms from Republicans weeks ahead of a midterm election that increasingly favors
White House Plans Hearing For Fed's Cook
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 is establishing a committee to investigate mortgage fraud allegations against Federal Reserve Governor Lisa Cook and is forcing her to appear at a White House hearing to defend herself, a dramatic escalation in his efforts to oust her from her ro
Trump Says US Won’t Attack Iran Before Midterm Elections
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 said the US would not attack Iran ahead of November’s midterm elections, citing what he said were “productive discussions” with the Islamic Republic.“We will not be attacking Iran at any time prior to the Midterm Elections
Trump Tries Texas Rescue
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Texas Governor Greg Abbott is planning to skip a political rally in San Antonio headlined by President Donald Trump, declining a chance to appear with the country’s highest-profile Republican as his reelection bid faces a surprisingly strong challenge from Democr
Four Weeks to Election Day
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Republicans are bolstering US Senator Darline Graham’s campaign for a full term amid increasing concern that the race in South Carolina, traditionally a conservative stronghold, is tightening ahead of the Nov. 3 election. Some in the party are worried that t
Weekly Washington Policy Pulse: Energy Bills, Crypto Custody, Farm Aid (October 5, 2026)
A look at the final actions of the Senate -- including releasing a bipartisan energy permitting bill -- as well as looking at regulatory rulemakings geared towards enhancing institutional adoption of the crypto sector led Bloomberg Intelligence's Washington Policy Pulse on Oct. 5. The energy bill aims to speed up permitting reviews for new infrastructure projects, including making data centers pay
Trump Hits Campaign Trail in Nebraska, Plans Tax-Exempt Diesel Relief
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 is preparing to ease limits restricting the use of a tax-exempt variety of diesel, his latest bid to pare costs for the essential fuel ahead of the November midterm elections. The Trump administration is expected to unveil the plan targeting
Trump Seeks To Jolt GOP; US Payrolls Miss Forecast
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 predicted that Democrats would impeach him for a third time if they retake control of Congress, seeking to boost voter enthusiasm for Republican candidates amid broad public dissatisfaction with his leadership. Trump spoke Thursday during a
Trump Sticks to Red-State Midterm Travel
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Donald Trump is embarking on a travel blitz aimed at shoring up struggling Republicans in states he won two years ago, as the president’s mood darkens about his party’s prospects in the November midterm elections. In the coming days, Trump plans to app
Fed’s Watchdog Finds No Criminal Violations in Renovations
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The Federal Reserve’s internal watchdog found no evidence of criminal wrongdoing in the central bank’s renovation of its Washington headquarters, a $2.4 billion project that became a flashpoint between the Fed and the Trump administration as the president p
Trump Rejects New AI Safety Rules
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 shot down the idea of new federal regulations on artificial intelligence after meeting at the White House with top industry executives amid growing global concerns over threats posed by the technology.Speaking Tuesday after a luncheon with nearly
Trump Meets Anthropic CEO; Rejects Iran’s Latest Offer
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Global anxiety over artificial intelligence risks has intensified following fresh disclosures about a far wider range of breaches by advanced AI models, setting the stage for a high-stakes meeting between Anthropic PBC Chief Executive Officer Dario Amodei and President
Trump Says He’ll Meet Xi Twice More This Year as Summit Wraps
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 said he would meet again with Chinese leader Xi Jinping in November, following what he said was a successful summit in Washington.“We will be meeting again in November, in China, and then at the G20 in December, in Miami, Florida. Much has
Trump, Xi Thrust Fierce US-China AI Rivalry Into Spotlight
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Donald Trump and Xi Jinping addressed their intense competition over artificial intelligence on Thursday during a summit aimed at keeping ties between the world’s largest economies on track. How the leaders are handling AI is one of the key questions looming
Trump Awaits Xi's US Visit
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Xi Jinping and Donald Trump will sit down this week to hash out a plethora of thorny issues from trade to Taiwan. One thing both sides agree on: neither can afford to tap the brakes on AI.While Silicon Valley debates the possibility of artificial intelligence wiping ou
Trump Team Meets Iranians in New York
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 said US officials had a “very good” meeting with Iranian envoys in New York, reviving fragile hopes for a new diplomatic off-ramp hours after he again threatened to annihilate the country.Trump said the three-hour meeting — held
Weekly Washington Policy Pulse: Xi-Trump Meeting, AI, Bank Capital (September 21, 2026)
A preview of the meeting between President Donald Trump and Chinese President Xi Jinping led Bloomberg Intelligence's Washington Policy Pulse for Sept. 21. Topics that could be discussed at the summit include artificial intelligence regulations, tariffs, the conflict with Iran and the likelihood of Chinese automobiles in the the US market. We also discussed the future of AI regulations in the US,
Xi’s First US Trip in Three Years
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US and Chinese officials offered upbeat assessments of their talks on artificial intelligence, trade and investment, signaling a mutual desire to steady ties ahead of this week’s summit between leaders Donald Trump and Xi Jinping.China’s top trade negotiato
Newsom Signs Order Requiring AI Labs Develop ‘Kill Switch’
Insight & analysis on the White House and Capitol Hill Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. California Gov. Gavin Newsom said artificial intelligence systems will face a slew of new safety and security standards as he pushes for leading companies to develop an AI “kill switch.”Newsom cited recent incidents at major AI labs OpenAI and Anthropic that
Trump Returns to Trail in North Carolina With Senate in Play
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 visited North Carolina in his first campaign stop since the GOP’s Dallas midterm convention, seeking to boost Republican Senate candidate Michael Whatley, who is trailing Democrat Roy Cooper in the polls.The race in North Carolina could be
Trump, Lawmakers Clash on AI Safety
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US midterm elections were already shaping up to be a key risk for AI-related stocks amid a backlash against data centers. But with a growing number of lawmakers from both parties sounding the alarm on the need for AI safety regulations, the stakes have only gotten high
Former Secretary of State Antony Blinken on AI, Iran and Russia
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 opposition to guardrails on artificial intelligence puts him at odds with a growing number of lawmakers from both parties, with AI safety fears adding to voters’ misgivings about the technology heading into the midterm elections.In
Trump Challenges AI Guardrails, Canadian PM Carney on AI and US Trade
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 attacked Anthropic PBC Chief Executive Officer Dario Amodei for urging a slowdown in artificial intelligence development, intensifying his opposition to new guardrails for the technology.In a Monday social media post, Trump blamed a “SICK c
BONUS: Canadian Prime Minister Mark Carney Talks US Trade, AI Guardrails
Bloomberg News' Ottawa Bureau Chief Brian Platt sits down with Canadian Prime Minister Mark Carney ahead of the country's first national investment summit in Toronto. Carney says he thinks it’s still possible for the US and Canada to reach a “mutually advantageous” deal that would reduce trade barriers. He notes that Canada is "ready to sit down and negotiate that and move it for
Anthropic Says AI Model Claude Being Misused for Weapons Research
Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Anthropic says its artificial intelligence model Claude has been misused in attempts to develop a wide range of military applications, including kamikaze drone swarms, missile navigation systems and research tied to potential biological weapons.Users from countries inclu
Trump Promises $5K Payment to US Adults if GOP Wins Midterms: Dallas Day Two
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 special edition
BONUS: US Agriculture Secretary Brooke Rollins Talks Crop Costs, Senate Run
US Agriculture Secretary Brooke Rollins says she is not running for Texas governor or a Senate seat for now. “That is a ‘no’ right now for sure,” Rollins said while speaking to Bloomberg Television from the Republican midterm convention in Dallas. She is attending the event in her personal capacity.See omnystudio.com/listener for privacy information.
GOP Convenes in Dallas for First Ever Midterm Convention: Day One
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 special edition
El-Sayed Fights Trump Villain Tag
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, J
Trump Says Fed Must Cut Rates
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US job growth surged in August and the unemployment rate held steady, suggesting the labor market has more momentum than previously thought.Nonfarm payrolls increased 162,000 last month and July’s job losses were revised away, according to Bureau of Labor Statist
US-Iran Conflict Stuck With No End
Insight & 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 intensified tit-for-tat military strikes in recent days, remaining locked between ceasefire and all-out war as the White House struggles to end the six-month conflict.“Very clearly militarily, we are stalled,” Republican Representative
Trump Says Iran Strikes to Be Short; Commerce Secretary Lutnick on AI, Tariffs and Canda
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 editio
BONUS: US Commerce Secretary Howard Lutnick Talks AI, US-Canada Trade
US Commerce Secretary Howard Lutnick lauds the benefits of artificial intelligence. Speaking with Bloomberg Balance of Power co-host Joe Mathieu at the G20 Innovation Ministerial in Chapel Hill, North Carolina, Lutnick also says Anthropic has settled differences with the Trump administration and discusses the state of US-Canada trade negotiations. Listen to the full conversation, as heard live on
BONUS: US Energy Secretary Chris Wright Talks Venezuela Oil Production
US Energy Secretary Chris Wright discusses details of Venezuelan oil production and exports, deals signed with Chevron, ENI, and GE Vernova, and offers an update on the Strait of Hormuz. He speaks with Tyler Kendall in Caracas, Venezuela.See omnystudio.com/listener for privacy information.
US, Iran Escalate Attacks as Fighting Around Strait Heats Up
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The US launched a fresh wave of strikes against targets in Iran and the Islamic Republic said it retaliated, as the back-and-forth of fighting between the two escalated.President Donald Trump said the US strikes were in retaliation for Iran trying to put mines in the S
Weekly Washington Policy Pulse: Government Shutdown? Venezuela Deal (August 31, 2026)
With the House of Representatives returning to Washington after August recess, the likelihood of a government shutdown -- only 20% in our view -- led Bloomberg Intelligence's Aug. 31 Washington Policy Pulse. The House will most likely embrace a Senate deal that extends the government funding until Dec. 11 before leaving town to further campaign ahead of the midterm elections. A potential vote on a
House Faces Tricky Pre-Midterm Agenda, US Strikes Iranian Launchers
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. House members return to Capitol Hill after a monthlong break with a crowded docket and just 16 days in session to complete it before the November midterm elections.A planned vote to avoid a fall government shutdown is atop their to-do list, and continued GOP hopes of a
Warsh Says Inflation Isn’t Slowing, Vows to Reach 2% Target
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” In a sweeping speech, his first since becoming chairman of the centr
Trump Renames Lake Ontario
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 announced he was moving to rename Lake Ontario as Lake America, escalating his clash with Canada after trade negotiations between the two nations collapsed.Trump on Thursday signed a directive changing the name of the lake and said the move would
Utah Governor Spencer Cox Talks Meta Settlement
Utah Governor Spencer Cox discusses Meta’s settlement, arguing the amount should have been much higher, yet argues the more consequential result is the equitable relief requiring child accounts, age-gating, parental controls, algorithm changes, overnight restrictions and healthy pauses. Cox thinks Meta buried research showing significant harms to young users and says Utah will use the money
Trump Trade Moves Worry GOP
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 latest trade upheaval is threatening to deepen Republicans’ peril in November’s midterm elections, saddling Senate GOP candidates with another economic headache as the party fights to hold onto its majority. In recent day
BONUS: Ontario Premier Doug Ford Talks US-Canada Trade Tensions
Ontario Premier Doug Ford said his war of words with President Donald Trump got a little heated, but he had to "hit back." Ford says the US and Canada need a fair trade deal, but he says no deal is better than a bad deal. Ford speaks to Joe Mathieu on "Balance of Power."See omnystudio.com/listener for privacy information.
Carney Matches Trump Tariffs
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Prime Minister Mark Carney matched the new tariffs imposed by President Donald Trump and announced new support programs for Canadian businesses hurt by the escalating trade war with the country’s largest trading partner.Canada will double its existing counter-tar
Canada Tariffs, Bessent's Remarks: BI Washington Policy Pulse (August 24th, 2026)
With Congress still out and the week of Aug. 24 likely light on policy developments, the Bloomberg Intelligence's Aug. 24 Washington Policy Pulse call focused the US 50% additional tariff on roughly $20 billion of Canadian imports that took effect on Aug. 22 as well as Trump's Aug. 24 remarks that forthcoming tariffs were coming for the Canadian automotive industry. Canadian Prime Minster Mark Car
Bessent Warns Iran's Trade Partners to Cut Ties Ahead of New Sanctions
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. Treasury Secreta
Trump Says US Has Canada Trade Deal
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 and Canadian Prime Minister Mark Carney expressed optimism about finalizing a tariff agreement as negotiators from both countries met in Washington for further talks. Trump on Wednesday declared that “we’ve come to a deal with
US Debt Hits $40 Trillion, Trump Wages Economic War on Iran
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Total US public debt surpassed $40 trillion for the first time, and has now surged by a third in less than five years, as US lawmakers continue to shrug off calls to contend with historically wide fiscal deficits.Public debt outstanding stood at $40.05 trillion as of t
Trump, Carney Upbeat on Trade Deal, Fmr. NJ Gov. Chris Christie on Prediction Markets, Data Centers
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 and Canadian Prime Minister Mark Carney expressed optimism about finalizing a tariff agreement as negotiators from both countries met in Washington for further talks. Trump on Wednesday declared that “we’ve come to a deal with
Fmr. Biden National Security Advisor Jake Sullivan on Iran, Israel and Ukraine
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 insisted Tuesday that there were no talks ongoing with Iran, leaving the simmering conflict in the Middle East and control of the Strait of Hormuz stuck in limbo.“There are no talks or conversations going on, or scheduled, with the Islami
Weekly Washington Policy Pulse: Trump, Congress September To-Do List (August 17, 2026)
A preview of an upcoming meeting at the White House later this week featuring executives from Coinbase, Intercontinental Exchange, CME Group and Nasdaq -- and how it likely won't change much in terms of US crypto policy -- led Bloomberg Intelligence's Aug. 17 Washington Policy Pulse. The meeting -- ahead of a CFTC advisory committee featuring many of the same attendees instead will likely serve as
US-Iran Peace Prospects Dim; Assistant AG Dhillon on DOJ Independence, Election Security
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. The prospects for peace in the Middle East suffered a fresh setback, with President Donald Trump saying he’s not interested in extending the expiring agreement with Iran and fighting flaring anew in Lebanon. Asked whether he would seek an extension of the me
Trump’s Visit Stirs Long Island GOP
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 ed
Trump Eyes Iran Economic Squeeze
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 claimed the US had “total control over the Hormuz Strait,” as Washington and Tehran hardened their positions in deadlocked negotiations over the critical waterway.“We own it,” Trump told reporters at Joint Base Andrews out
Democratic Socialist Advance Hits Wall in Wisconsin
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Moderate Democrat David Crowley defeated Democratic Socialist Francesca Hong in Wisconsin’s primary for governor, an upset in a race that had become a test of the party’s ideological direction.Crowley had 39.8% of the vote to Hong’s 39.3%, with 99% of
Pakistan Says US-Iran Arrangement is Close, Primary Day in Six States
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared to toughened their positions in the long-deadlocked negotiations. “Things are shaping up in f
Weekly Washington Policy Pulse: Trump, Congress September To-Do List (August 10, 2026)
With Congress now in August recess, President Donald Trump and Congress have a long list of items that may see action before the midterm elections. Yet with only a handful of days in September when both chambers are in action, many of the initiatives could prove to be no more than headline risks and opportunities for companies and sectors. On Bloomberg Intelligence's August 10 Washington Policy Pu
Trump Signals Restraint on Iran, Favors Economic Pressure
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 signaled he’s prepared to let economic pressure on Iran build rather than launch fresh military strikes to force a reopening of the Strait of Hormuz, even as the Islamic Republic reiterated that the conditions still aren’t in place
Senate Passes Russia Sanctions Bill; Sen. Cassidy Backs Todd Blanche
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 tari
President Trump Denies US Munitions Shortage, Tension with Hegseth
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 doub
Former Virginia Governor Glenn Youngkin Talks Education Freedom Tax Credit
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 scho
El-Sayed Win Fuels Progressives
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 vot
Trump Wants Hormuz Deal Immediately, Michigan Primary Day
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
Trump Holds Off Iran Attacks, Blanche Strikes Deal With GOP Senators
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 said his latest offer of talks is a “last chance” for Iran after he called off what he said was a major attack on the Islamic Republic. Iran denied it was negotiating with the US, but said talks with Oman to get more ships moving
Weekly Washington Policy Pulse: Will The Senate Pass A Crypto Bill? (August 3, 2026)
With the Senate entering its final week before the the August recess, political discussions over a cryptocurrnecy market structure bill -- ahead of a potential procedural vote this week -- led Bloomberg Intelligence's August 3 Washington Policy Pulse. A vote that gains more than 60 Senators would likely just kick the can on negotiations during the recess. Failure could keep the regulatory landscap
Trump Casts Doubt on New Iran Talks; Michigan Primary Test For Democrats
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. President Donald
Trump Floats Temporarily Withdrawing Blanche Nomination
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 said he is open to the possibility of temporarily withdrawing Todd Blanche’s nomination as attorney general amid opposition from two Republican senators, suggesting he could renominate his pick after those lawmakers departed office.Trump&rs
Trump Says US Will Strike Iran Hard as War Escalates Again
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 said the US would strike back at Iran after a recent attack that targeted a military base in Jordan, as the war in the Middle East flared up once again following a recent pause in hostilities.“We’ll be hitting them hard,” Trump
Trump Dials Back Iran Threats, Hosts Netanyahu at White House
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 welcomed Israeli Prime Minister Benjamin Netanyahu to the White House Tuesday as the US leader sought to avoid renewed bombing in Iran and instead laid the ground for further diplomacy after both sides paused tit-for-tat strikes.“I think
Trump Hits Campaign Trail in Michigan
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Some House Republicans are urging President Donald Trump to expand his visibility for them on the campaign trail, as lawmakers sound the alarm on their vulnerabilities with him not being at the top of the ticket. Several lawmakers who spoke to Bloomberg Government said
Trump Threatens New EU Tariffs
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,
House Passes Stopgap to Avert Shutdown Before Midterm Election
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The House passed stopgap funding to keep the government open past the midterm elections, though the measure now faces demands for changes in the Senate. Government funding is currently set to run out after Sept. 30. The legislation, passed Tuesday on a 220 to 205 v
House Stopgap Faces Senate Changes
Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. House passage yesterday of a stopgap measure marks the first step in congressional wrangling over how to avoid a government shutdown this fall, even if the legislation changes before it reaches President Donald Trump’s desk.Government funding set to run out after
Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat
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 minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea.Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but did
Weekly Washington Policy Pulse: Dividend Restrictions, New Tariffs (July 20, 2026)
A look at the National Defense Authorization Act -- which could be voted upon by the House of Representatives this week -- led Bloomberg Intelligence's July 20 Washington Policy Pulse -- with a highlight of a Senate provision that would prohibit firms that contract with the Department of Defense from conducting stock buybacks or pay dividends. We think that the language, as written, could -- subje
Trump Warns Iran Amid Truce Push
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 vowed that Iran “will pay” for killing three US soldiers in recent days, even as mediators proposed a new truce with the Middle East war widening further. “Every time Iran kills an American Soldier they will pay for
Trump Accuses China of Election Meddling, Sows Doubt Ahead of Midterms
Insight & analysis on the White House and Capitol Hill.Watch Joe LIVE every day on YouTube: http://bit.ly/3vTiACF.President Trump accused China of meddling in the 2020 elections and alleged a cover up by the US intelligence community in his primetime address to the nation Thursday night. Trump said, 'great damage has been done to our country. Our elections were left vulnerable to being rigged
Trump to Release Election Integrity 'Findings' in Primetime Address
Insight & analysis on the White House and Capitol Hill.Watch Joe LIVE every day on YouTube: http://bit.ly/3vTiACF.White House press secretary Karoline Leavitt told reporters that President Trump will be releasing 'findings' on the 2020 election in his address from the White House tonight and that all of his claims around election integrity will be 'backed by facts.' Leavitt also told reporters
Trump Vows To Escalate Attacks on Iran; GOP Releases Spending Blueprint
Insight & analysis on the White House and Capitol Hill.Watch Joe LIVE every day on YouTube: http://bit.ly/3vTiACF.The United States launched more strikes against Iran Wednesday with the President pledging to keep up the barrage until Iran stops attacking targets in the Strait of Hormuz. Talking to Fox News last night President Trump said, 'We’re going to hit them very hard the night afte
Trump Goes Back on Hormuz Fee In Favor of US Investment
Insight & analysis on the White House and Capitol Hill.Watch Joe LIVE every day on YouTube: http://bit.ly/3vTiACF.President Trump said that he is shelving the potential 20% fee for cargo ships passing through the Strait of Hormuz after gulf states urged him to drop it. 'I don’t like the concept of a fee,' Trump told reporters during an oval office meeting with the Prime Minister of Iraq.
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