Balance of Power

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Speaker Mike Johnson dismissed Democrats’ pleas to call the House back into session and ensure troops get paid Oct. 15 if the government is still shut down. House Democrats “are clamoring to get back here and have another vote, because some of them want to get on record and say that we’re paying troops,&rdquo...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump opened the door to blocking back pay for certain federal workers when the government reopens, a move that would heighten legal scrutiny of the administration’s maneuvers during the shutdown. “It really depends on who you’re talking about, but for the most part, we’re going to take...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . The White House tightened its pressure on congressional Democrats as a US government shutdown lurched into a second week, saying it would soon trigger federal worker layoffs without specifying when those could begin. President Donald Trump spoke with top congressional Republicans Monday and administration officials are working...

With the US government still shut -- and a re-opening unlikely this week amid continued brinkmanship -- questions about the market, sector and economic effects will be at top of market participant minds. On October 6, analysts from Bloomberg Intelligence, Bloomberg Economics and BloombergNEF hosted a client call to discuss paths for Congress to reopen the government, the fate of Obamacare subsidie...

Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end to the conflict in Gaza. President Donald Trump responded favorably to the Hamas statement even though the group failed to address other key elements of his 20-point proposal that Israel has also deman...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Senate Democrats on Friday rejected a Republican spending bill in a vote that will almost certainly push the US government shutdown into next week as the party stands firm in the face of President Donald Trump’s threats to fire thousands of federal workers and extract political revenge.   With the two sides locked i...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end a government shutdown that has entered its second day. “It’s likely going to be in the thousands,&rdquo...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . The slow-rolling government shutdown that everyone saw coming is here. What’s harder to foresee is how Republicans and Democrats get out of it quickly. Parts of the federal government were slated to begin closing down this morning after lawmakers failed to agree on a spending bill last night. Unlike in past shutdowns, ea...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump threatened mass firings of federal workers as the US hurtles toward a shutdown with Democrats and Republicans at an impasse over funding the government. “We may do a lot and that’s only because of the Democrats,” Trump said in response to a question about the number of government employ...

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said they had agreed to a 20-point plan designed to end the war in Gaza, though the prospects for peace remained unclear without the direct involvement of Hamas. Trump said the framework had the support of other leaders from the Middle East and Muslim majority nations during a press conference Monday alongside Netanyahu, suggesti...

A discussion of why and why not the US government will shutdown on October 1 -- and the implications for markets -- led Bloomberg Intelligence's Sept. 29 Washington Policy Pulse. We continue to note one of the most important impacts for market participants will be a potential lack of government data -- such as Bureau of Labor Statistics employment reports. We also discussed President Donald Trump'...

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, Joe speaks with: Bloomberg Washington Deputy Bureau Chief Laura...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Former Governor Andrew Cuomo blasted his rival Zohran Mamdani’s candidacy in the race for mayor of New York City as “abhorrent” and the competition as a “battle for the soul” of the Democratic party. “This is a civil war within the Democratic party where the extreme left is pulling the Democ...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . NATO allies are struggling to coordinate a response to Russian airspace violations, with partners in the defense alliance openly contradicting each other. On Tuesday evening, Germany warned against the risks of shooting down Russian aircraft, while US President Donald Trump almost simultaneously showed he’s open to a mor...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump assailed the United Nations and other countries in a grievance-laden speech that saw him accuse the world body of offering nothing but “empty words,” label climate change a “con job” and warn that open borders are destroying them. Setting aside calls for unity, Trump began his spe...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Oracle Corp. would provide security and help oversee the re-creation of a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of American investors, a White House official said, addressing a key concern raised by lawmakers in Washington. The arrangement, ou...

The Bloomberg Intelligence Financial Washington 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 D.C.    The call is open to all and is held every Monday at 10:00 a.m. EST.    You can register for the call here: h...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Congress moved closer to an Oct. 1 government shutdown as Senate Democrats and Republicans on Friday each blocked the other party’s rival plans to provide temporary funding. Democrats are demanding a boost to health care spending while Republicans refuse to go along and back a simple bill to keep the lights on through No...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . With golden carriages, military splendor and an opulent banquet, the UK’s royal gambit paid off this week, as President Donald Trump and Prime Minister Keir Starmer concluded an historic state visit by hailing the trans-Atlantic relationship and — at least publicly — smoothing over their policy differences.&n...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . A royal carriage ride followed by an F-35 flyover greeted US President Donald Trump at Windsor Castle on Wednesday, during a historic state visit that’s set against the backdrop of heightened global and domestic tensions. The president and First Lady Melania Trump arrived by Marine One in the early afternoon to be met by...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . House Republicans unveiled a stopgap spending bill to keep the US government open past an Oct. 1 shutdown deadline, daring Democrats to vote against the measure, which does not contain health-care policies they have demanded. The short-term legislation would keep agencies operating through Nov. 21 and provide new funding for l...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump said he would speak with Chinese leader Xi Jinping on Friday as US and Chinese officials reached a framework deal on keeping the TikTok app running in the US. It would be the first direct engagement between Trump and Xi since June. “I will be speaking to President Xi on Friday. The relationship rem...

The Bloomberg Intelligence Financial Washington 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 D.C.    The call is open to all and is held every Monday at 10:00 a.m. EST.    You can register for the call here: h...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . The man accused of killing of conservative activist Charlie Kirk— identified as Tyler Robinson — was arrested on suspicion of murder and weapons offenses. Robinson is being held in county jail in Utah without bail, according to court documents. He was arrested by law enforcement, after a family member alerted autho...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Federal investigators have recovered what they believe is the rifle used to kill conservative activist Charlie Kirk during a campus event in Utah and released photos of a person of interest in the slaying, as the manhunt for the shooter entered its second day. The FBI on Thursday released two surveillance photos of an individu...