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 &mda...

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 m...

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...

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...

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 d...

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Ukrainian President Volodymyr Zelenskyy accused Donald Trump of trying to pressure Kyiv into surrendering to Russia, escalating a weeklong row with the US president. In an interview with Bloomberg in Kyiv, Zelenskyy also offered a new proposal to accede to Trump&rsquo...

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Katie Zacharia will no longer serve as President Donald Trump’s press secretary after spending less than a week on the job, thrusting the White House’s communications operation back into a state of chaos.  Zacharia was out of the role as of Friday, ac...

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . The super political action committee tied to House Speaker Mike Johnson said it raised $94.4 million in the third quarter and entered October with $155.2 million in cash on hand as it shifts money to more competitive races before next month’s midterm elections.&...

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US consumer prices advanced in September at the fastest pace in five months and a gauge of underlying price pressures rose by more than expected, keeping the squeeze on household budgets ahead of November’s midterm elections. The consumer price index rose 0.6% f...

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...

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 favor...

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 r...

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 Electio...

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 Democ...

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...

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...

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 target...

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...

The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.   Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. That missed all estimates in a Bloomberg survey of economists.  The unemployment rate rose to 4.2%, pa...

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 a...

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...

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 near...

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 Presiden...

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 ha...

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 loomi...