Balance of Power

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 Correspondent Tyler Kenda...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Voters from California to Maine will cast ballots on Tuesday, a temperature check on a large swath of the electorate halfway between President Donald Trump’s second White House win and the 2026 midterm elections for control of Congress. Virginia and New Jersey will elect new governors, New York City will get a new mayor,...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . As the government shutdown enters its 34th day, lawmakers face mounting pressure to reach a resolution. Major US airports are facing staffing shortages leading to ground delays, the distribution of food assistance is up in the air, and more federal workers are missing paychecks as the shutdown is on track to become the longest...

A status update on the US government shutdown -- as well as scenarios that could potentially lead to the US government re-opening later this week -- led Bloomberg Intelligence's Washington Policy Pulse on Nov. 3. If a deal isn't made, a re-opening may not happen until potential travel chaos associated with the Thanksgiving holiday. We also discussed how a lapse of Supplemental Nutrition Assistance...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump denied that he is considering strikes on Venezuela, contradicting a media report that he’d given approval for such a move as well as his own past statements that he was preparing land attacks after a series of boat strikes. Trump replied “no” when asked by reporters Friday aboard Air Fo...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Donald Trump and Xi Jinping agreed to extend a tariff truce, roll back export controls and reduce other trade barriers in a landmark summit on Thursday, potentially stabilizing relations between the world’s biggest economies after months of turmoil.  In the first sitdown between the leaders since Trump’s retur...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Food stamps are fast becoming the centerpiece of congressional Republicans’ and Democrats’ shutdown stare-down as nutritional benefits for 41 million Americans threaten to dry up in just three days. After weeks of seeming inaction and stalemate inside the Capitol, both sides are eyeing the deadline as a way to pres...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump hailed the US’s alliance with Japan, reaffirming ties with a longstanding partner and praising new Prime Minister Sanae Takaichi on her plans to ratchet up defense spending as the pair met in Tokyo. “I want to just let you know anytime you have any question, any doubt, anything you want, any...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . A meeting Thursday between Presidents Donald Trump and Xi Jinping is set to be one of the key diplomatic events of the year, with the US-China economic relationship at stake following multiple rounds of escalating tensions and temporary truces. Trump told traveling reporters Monday on Air Force One that while nothing has yet b...

A status update on proposals from the Federal Reserve -- such as the rule known as the Basel III endgame to another one on a banks' G-SIB -- led Bloomberg Intelligence's Washington Policy Pulse on Oct. 27. While Bloomberg News reports that the Fed may increase capital requirements 3%-7% via the Basel III endgame, other actions could ultimately negate that impact for banks like Bank of America, JPM...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . A delayed snapshot of inflation in September came in softer than expected, potentially offering a path for the Federal Reserve to cut interest rates beyond next week’s meeting. The core consumer price index, excluding the often volatile food and energy categories, increased 0.2% from August, according to Bureau of Labor...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Eric Adams will endorse Andrew Cuomo for New York City mayor, a reversal for the incumbent mayor after he accused his former challenger of being a “snake and a liar” just weeks ago in the contentious battle for Gracie Mansion. The endorsement, part of an effort to bolster Cuomo’s campaign against frontrunner...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Members of the ultra-conservative House Freedom Caucus and at least one influential Republican chairman are pushing for a long-term stopgap spending bill as part of their strategy to end the ongoing US government shutdown.  Their push runs counter to comments from House Speaker Mike Johnson and members of the powerful app...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US Vice President JD Vance said he remains optimistic about the future of a ceasefire between Israel and Hamas despite a flareup in violence over the weekend, part of a bid to keep talks progressing on the future of Gaza. Vance spoke Tuesday at the base of a multinational monitoring force near Gaza. He traveled to the region a...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump listed rare earths, fentanyl, soybeans and Taiwan as the US’s top issues with China, underlining the divisive topics the two sides plan to tackle at the negotiating table as a fragile trade truce nears its expiration. “I don’t want them to play the rare earth game with us,” Trump...

An update on President Donald Trump's threat to play an additional 100% tariffs on China -- and the potential for Congress to act on a resolution overturning Trump's emergency tariffs related to Canada and Brazil -- led Bloomberg Intelligence's Washington Policy Pulse on Oct. 22. We note that any resolution, to become law, would need Trump's signature. We also discussed the current policy state of...

Make sense of the world with one essential conversation, every week. Mishal Husain, one of Britain's best interviewers, brings her signature blend of curiosity and tenacity to weekly conversations with world leaders, business titans, and cultural icons, revealing who they really are and how they see the world changing around them. Follow the podcast wherever you listen, so you don't miss an episod...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump has his sights once again on ending the war in Ukraine, announcing another meeting with Russian leader Vladimir Putin after a first summit in Alaska failed to yield progress. The president framed the decision, announced after he spoke with Putin for more than two hours Thursday, as a plan to bring peace...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US President Donald Trump said he would hold a second meeting with Russian President Vladimir Putin at a yet-to-be determined date aimed at ending the war in Ukraine. Trump and Putin agreed to meet in Budapest during a two-hour phone call on Thursday. The two leaders met in Alaska in August, but failed to reach a breakthrough....

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Democrats are digging in for a long shutdown fight, rallying around their collective disdain for President Donald Trump’s budget director. Russell Vought has become an unusually prominent director of the Office of Management and Budget. His role in ratcheting up the pressure during the government shutdown — questio...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Federal Reserve Chair Jerome Powell signaled the US central bank is on track to deliver another quarter-point interest-rate cut later this month, even as a government shutdown significantly reduces its read on the economy. Powell, in a speech Tuesday at the National Association for Business Economics annual meeting, said that...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . President Donald Trump pressed world leaders gathered at a summit on Gaza’s future to ensure the US-led truce between Israel and Hamas turns into a lasting peace, hailing the agreement as a “new beginning” for the war-torn region. “Today, for the first time anyone can remember, we have a once-in-a-lifet...

With President Donald Trump vowing to pay the military on Oct. 15, the lack of a pressure point to bring Congress together to resolve the US government shutdown led Bloomberg Intelligence's Washington Policy Pulse on Oct. 13. The next major catalyst, in our view, would be if Supplemental Nutrition Assistance Program (SNAP) benefits run out at the end of the month, potentially impacting grocers lik...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . US President Donald Trump threatened a “massive increase” of tariffs on goods from China and to cancel an upcoming meeting with the country’s leader, Xi Jinping, citing recent “hostile” export controls Beijing placed on rare-earth minerals.  “I was to meet President Xi in two weeks, at...

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF . Congressional leaders continued to blame the other party for the US government shutdown as President Donald Trump doubled down on his threats to use the stalemate, now in its ninth day, to make sweeping cuts to Democratic priorities and the federal bureaucracy.  There was no sign of progress as government workers and mili...