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.Iran stepped up its assault on key oil and gas infrastructure across the Middle East, defying US President Donald Trump’s calls for restraint and triggering a fresh surge in energy prices that have highlighted the cost of the ever-widening conflict. The Islamic Republic targeted sites in countries including Saudi Arabia, Qatar and the United Arab Emirates with a wave of drone and missile attacks on Thursday, a retaliation for Israel’s assault on Iran’s giant South Pars gas field the previous day. The sharp escalation, with the bombing of more energy facilities from both sides, threatened to draw in both Gulf and European powers and exposed tensions between the US and Israel — with Trump himself rebuking his ally. 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 Intelligence Senior Commodities Strategist Mike McGlone. Democratic Congresswoman Sam Liccardo of California. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former US Ambassador to NATO Kurt Volker. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The US took fresh steps to curb the turmoil in energy markets as Iran vowed to escalate its attacks on oil and gas infrastructure in the Middle East with the conflict stretching toward three weeks.President Donald Trump temporarily waived a century-old shipping mandate to lower the cost of transporting energy goods around the US. Vice President JD Vance and other key Trump administration officials also plan to huddle with oil executives Thursday, according to people familiar with the matter. Still, Trump expressed renewed irritation with countries who have rejected pleas to help secure the Strait of Hormuz, a critical energy waterway which remains all but impassable. 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. Democratic Congresswoman Haley Stevens of Michigan. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Center for Strategic International Studies Senior Fellow Clayton Seigle. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Europe is learning how to say “no” to Donald Trump over his war in Iran.Nearly three weeks into the expanding conflict, European leaders have stopped equivocating and started outright telling the US president they won’t help his campaign with Israel.“We will not participate in this war,” German Chancellor Friedrich Merz said Monday night. “We will not do it.”“The simple answer is no,” Greek Prime Minister Kyriakos Mitsotakis echoed at a Bloomberg event in Athens on Tuesday. “Norway will not do that,” Prime Minister Jonas Gahr Store agreed in Oslo.It’s a notable trajectory since the start of the war, when European leaders evaded questions about international law and heaped scorn on the Iranian regime. Merz even initially said he was “on the same page” as Trump. Now the denunciations are targeting Trump himself.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. Republican Congressman Michael McCaul, former House Foreign Affairs Committee Chairman. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. J Street Senior Vice President Ilan Goldenberg. Committee for a Responsible Federal Budget President Maya MacGuineas. See omnystudio.com/listener for privacy information.

President Donald Trump's options towards the Iran conflict -- with a focus on the US midterms and the political calculus of his decisions -- led Bloomberg Intelligence's Washington Policy Pulse on March 16. Bloomberg News reports that despite Trump's call for a coalition of ships to guard the Strait of Hormuz, several countries have yet to commit support. We also discussed the upcoming Basel III Endgame proposal, set for release this week, and how it will work in conjunction with other rules. Other areas of focus include a proposal on stablecoins and the CFTC's new actions on prediction markets. We ended with an update of Kevin Warsh's nomination as Fed Chair.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.

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 reiterated his appeals for help from other nations to secure the Strait of Hormuz, saying that Iran was nearly obliterated even as the war keeps roiling oil markets and global shipping.“Numerous countries have told me they’re on the way — some are very enthusiastic about it, and some aren’t. Some are countries that we’ve helped for many, many years,” Trump told reporters Monday during a White House event.The president expressed his frustration with other nations, who have so far been publicly noncommittal on his calls to help ensure vessels can transit the strait. The vital waterway has been effectively closed since the start of the war, crunching global energy supply chains.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, Kailey speaks with: Bloomberg Washington Correspondent Tyler Kendall. Chatham House Associate Fellow Natasha Hall. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Government Senior Washington Reporter Jonathan Tamari. Airlines for America President and CEO Chris Sununu, former Governor of New Hampshire. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The US said it had further stepped up strikes on Iran as both sides in the war threatened to escalate a conflict hitting its two-week mark that has upended energy flows and financial markets.“They’re going to be hit. They can talk all they want but, you know, let’s see what they do,” President Donald Trump told Fox News Radio in an interview that aired Friday. “They’re going to maybe do something having to do with the straits.”The 14th day of the war marked the largest attacks yet against the Islamic Republic, with the US and Israel hitting around 15,000 targets since the war began, US Defense Secretary Pete Hegseth said. 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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Partner Rosemary Becchi. Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard. Bloomberg Intelligence Senior US Policy Analyst Nathan Dean. Andesite Co-Founder and CEO Brian Carbaugh. See omnystudio.com/listener for privacy information.

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 and Iran’s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices. The US president said in a social media post Thursday that preventing Iran from having nuclear weapons and threatening the Middle East is “of far greater interest and importance to me” than the cost of oil. Mojtaba Khamenei said the Islamic Republic would seek to ensure the Strait of Hormuz remains effectively closed. In his first public comments since succeeding his father, he added that Tehran will look to open other fronts in the war if the US and Israel persist with their attacks. 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. Democratic Senator Elissa Slotkin. Maywood Strategies Principal Doug Farrar and Bluestack Strategies Founder Maura Gillespie. Former Israeli Ambassador to the US Michael Oren. See omnystudio.com/listener for privacy information.

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 didn’t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets.Asked Wednesday whether Iran had laid mines in the strait, Trump told reporters, “We don’t think so.” The Islamic Republic has laid about a dozen mines in the waterway, Reuters reported Wednesday, citing people familiar with the matter.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. Republican Senator Rand Paul. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former Republican Congressman Patrick McHenry. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US officials signaled military operations were escalating against Iran and there was little chance of diplomatic talks, throwing cold water on President Donald Trump’s suggestion that the conflict could be resolved soon.Trump’s special envoy Steve Witkoff said the US leader is always willing to talk, while casting doubt on Iranian willingness to do so. “It’s the same question today that we had when we were negotiating with them — do they actually want to have a diplomatic solution here,” Witkoff said in a CNBC interview on Tuesday. “So far, the evidence suggests no.”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. Republican Congressman Marlin Stutzman of Indiana. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. Bloomberg White House Correspondent Jeff Mason. See omnystudio.com/listener for privacy information.

A preview of the House Republican annual retreat starting on March 9 led the March 9 edition of Bloomberg Intelligence’s Washington Policy Pulse. Republicans are expected to discuss the next steps on an Iran supplemental defense bill as well as chances for another reconciliation bill -- potentially tied to health care, taxes and tariffs. We also discussed the likelihood of the DHS shutdown ending next week as well as a Congressional update views towards the US-Iran conflict. We also previewed several of the key races to watch in the US midterm elections.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.

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 confronted mounting pressures on the 10th day of the Iran war as oil prices surged past $100 and the Islamic Republic announced the hardline son of the assassinated Ayatollah Ali Khamenei as its new supreme leader.Oil pared some gains Monday as the world’s largest economies considered a coordinated release of emergency oil stockpiles. Turmoil in weekend trading saw prices top $118 a barrel. The Strait of Hormuz remained all but closed, with no finalized plans on how nations will safeguard ships passing through the key waterway.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 Democratic Congresswoman Jane Harman. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Bloomberg Markets Live Blog Managing Editor Kristine Aquino. CIBC Private Wealth Managing Director Rebecca Babin. See omnystudio.com/listener for privacy information.

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 demanded Iran surrender as the war on the Islamic Republic raged for a seventh day, with the impact reverberating across global supply chains and energy markets.Washington won’t negotiate an end to the conflict and will only accept “UNCONDITIONAL SURRENDER!” Trump wrote on Truth Social on Friday, raising fears of a protracted conflict. The US and its allies plan to select a “GREAT & ACCEPTABLE Leader(s),” he said.  US crude futures hit $90 a barrel and Brent crude neared $95 a barrel for the first time in almost two years during the session, with traders warning $100 could be on the horizon sooner rather than later. US oil is on track for the biggest weekly percentage gain in at least two decades.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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Gulf Oil Chief Oil Advisor Tom Kloza. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former White House Director of Legislative Affairs March Short. Bloomberg This Weekend Co-Host Christina Ruffini. Groundwork Collaborative Managing Director of Policy and Advocacy Liz Pancotti. See omnystudio.com/listener for privacy information.

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 removed Kristi Noem as Homeland Security secretary after months of controversy and announced he would replace her with Oklahoma Senator Markwayne Mullin.Trump posted on social media Thursday that the move would take effect March 31. He said that Noem would take a role as a special envoy for the Western Hemisphere. The change marks the first time Trump has replaced a Cabinet member during his second term. “I am pleased to announce that the Highly Respected United States Senator from the Great State of Oklahoma, Markwayne Mullin, will become the United States Secretary of Homeland Security (DHS),” Trump posted. “I thank Kristi for her service at ‘Homeland.’”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 White House Correspondent Jeff Mason. Israel's Ambassador to the US Michael Leiter. Stonecourt Capital Partner Rick Davis and Bully Pulpit International Managing Director Adam Hodge. Center for Strategic and International Studies Vice President of the Defense & Security Department Emily Harding. See omnystudio.com/listener for privacy information.

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 the Iranian regime has been “absolutely crushed” while the timeline for military operations remained deeply unclear on the fifth day of the Middle East war, which continued to stress financial and energy markets.The US has sunk more than 20 Iranian vessels, eliminated 49 Iranian officials, struck more than 2,000 targets and is moving toward “complete and total control of Iranian airspace” in a “remarkably successful” mission, White House Press Secretary Karoline Leavitt told reporters Wednesday.The conflict showed no sign of abating, with Tehran again targeting Israel and Gulf states. Meanwhile, Israeli and US forces made good on pledges to bomb more targets in the Islamic Republic. The US sank an Iranian warship in international waters, marking the first time since World War II that an American submarine has attacked a surface vessel.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 This Weekend Co-Host David Gura. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Former US Central Command Commander Gen. Kenneth "Frank" McKenzie (Ret.). See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The US-Israeli war on Iran reverberated across the region for a fourth day, with oil and gas prices surging and the world adjusting to a conflict that President Donald Trump has said could last for weeks. Israel bombarded Tehran with a fresh wave of strikes on Tuesday, and hit a building in the city of Qom where Iranian clerics were meeting to elect a successor to Supreme Leader Ayatollah Ali Khamenei, Israel’s Kan News reported. Iran’s semi-official Mehr news agency said the building was attacked but wasn’t in use at the time. The Islamic Republic fired missiles at countries including Qatar, Bahrain and Oman that host US bases, with Doha saying targets weren’t limited to military interests. Qatar and Iraq halted production at major energy sites, heightening concern over supply and prices. 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 News National Security and Capitol Influence Reporter Jamie Tarabay. Bloomberg News Equities Reporter Alexandra Semenova. Bloomberg Washington Correspondent Tyler Kendall. Stimson Center Senior Fellow Kelly Grieco. Democratic Congressman Bill Foster of Illinois. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

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 keep up its military offensive against Iran for as long as it takes, outlining for the first time a set of four objectives he hopes to accomplish toward reducing the threat he said is posed by Tehran.“We projected four to five weeks, but we have capability to go far longer than that,” Trump said at a White House event on Monday about the timeline he foresaw for the campaign. “Whatever the time is, it’s OK. Whatever it takes.”The president has faced mounting pressure to better define the goals of his extraordinary military intervention on Iran, after days of sending mixed signals about what he wanted to achieve. 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 Kendall. American Enterprise Institute Nonresident Senior Fellow Heather Conley. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Rapidan Energy Group Founder and President Bob McNally. Bloomberg Markets Live Blog Managing Editor Kristine Aquino. See omnystudio.com/listener for privacy information.

A briefing on the current state of the US-Iran conflict, with a focus on the defense contractors like Lockheed, RTX and Northrop, led the March 2 edition of Bloomberg Intelligence’s Washington Policy Pulse. Senior Industry Analyst Wayne Sanders discussed how the attack on Iran is likely to be a limited engagement relying primarily on air and naval assets, supporting increased US investment in those assets. We also discussed how we think Congress is unlikely to authorize -- or block -- President Donald Trump's tariff strategy and gave a timing update on the future of the Basel III endgame, set to impact Bank of America, Citigroup and other large banks. 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.

'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons.  Watch the show LIVE on Bloomberg Television from 7AM-10AM Eastern Time.   Listen to the show LIVE on Bloomberg Radio from 7AM-10AM Eastern Time.   Listen to the Podcast for the best conversations from the show.   Subscribe on Apple: https://podcasts.apple.com/us/podcast/bloomberg-this-weekend/id1878739308Subscribe on Spotify: https://open.spotify.com/show/5DQ8CEg9LeS1xGJSaxt47lSee omnystudio.com/listener for privacy information.

The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East.   “The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social on Saturday. “When we’re finished, take over your government. It will be yours to take. This will be probably your only chance for generations.”   The military campaign could be a defining moment for Trump, risking a drawn-out regional war that leads to a surge in energy prices and American casualties ahead of mid-term elections this year. Iran quickly responded by firing missiles on Israel and US bases around the region, and countries in the Persian Gulf closed their airspace.  Israel’s military said the campaign would target “dozens of military targets,” and Iran media reported strikes on defensive and civilian sites, including more than 50 people dead in a strike on a school in Hormozgan, in the south of the country. Several large explosions were reported in the capital, Tehran.   Bloomberg's David Gura and Christina Ruffini lead our team coverage in this instant reaction podcast.See omnystudio.com/listener for privacy information.

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, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall Council on Foreign Relations President Emeritus Richard Haass Bloomberg Wall Street Week Anchor David Westin Stonecourt Capital Partner Rick Davis and Harvard Kennedy School’s Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino  Bloomberg Managing Editor for US Equities Michael Regan Bloomberg This Weekend Hosts David Gura and Christina Ruffini. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Oil swung as traders parsed competing headlines on the status of negotiations between the US and Iran. West Texas Intermediate inched down 0.3% to settle above $65 a barrel, while Brent ended the day below $71, as the US and Iran wrapped up a third round of nuclear talks in Geneva, just days ahead of President Donald Trump’s deadline to strike a deal. Oman, a mediator in the discussions, said that talks are set to continue next week in Vienna at a “technical level,” allaying fears of imminent US military action.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 Kendall.Rapidan Energy Group Founder Bob McNally.Stonecourt Capital Partner Rick Davis and Democratic Strategist Meghan Hays.Bloomberg Senior Editor for Technology and Strategic Industries Michael Shepard. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Addressing one of his biggest audiences at perhaps the lowest moment of his second term, President Donald Trump returned again and again in his State of the Union speech to the same message on the economy: Everything is going great. A resolute Trump was determined to will Americans into a better economic mood, seeking to paint over the affordability concerns at the center of upcoming midterm elections with statistics and self-congratulation. “Inflation is plummeting. Incomes are rising fast. The roaring economy is roaring like never before,” Trump boasted early in the nearly two-hour speech.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 Kendall. Republican Senator Steve Daines of Montana. Democratic Congresswoman Maggie Goodlander of New Hampshire. See omnystudio.com/listener for privacy information.

President Donald Trump delivered the longest State of the Union address of the television age Tuesday, declaring “a turnaround for the ages” as he tried to sell Americans on his economic program ahead of crucial midterm elections later this year. The speech had all the ceremony, confrontation and chaos that have come to define the event in an era of narrow congressional majorities and partisan polarization. Democratic Representative Al Green was ejected from the chamber for disrupting the speech. Trump invited the gold-medal-winning men’s Olympic hockey team into the gallery amid chants of “USA! USA! USA!” He awarded several medals honoring veterans and active-duty service members. And in more than 1 hour 47 minutes, the longest State of the Union in history, the president delivered a rally-like speech punctuated less by policy proposals than by political attacks.For instant reaction and analysis, Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz speak with: Bloomberg White House correspondent Jeff Mason Rick Davis, Partner at Stonecourt Capital and Bloomberg Politics Contributor & Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor US Interior Secretary Doug Burgum See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The Pentagon warned Anthropic PBC that it would terminate the company’s military contracts on Friday if the artificial intelligence startup failed to meet government terms for use of its technology, according to people familiar with the matter.During a meeting Tuesday between Chief Executive Officer Dario Amodei and Defense Secretary Pete Hegseth, US officials threatened to declare Anthropic a supply-chain risk or invoke the Defense Production Act to use the AI software even if the company didn’t comply, the people said.The ultimatum marks an escalation in a growing dispute between the Defense Department and the AI startup over the company’s insistence on guardrails for use of its Claude AI tool. If carried out, the Pentagon’s threat would put at risk up to $200 million in work that Anthropic had agreed to do for the military.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 Senior Editor for Technology and Strategic Industries Michael Shepard. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Center for Strategic and International Studies Senior Adviser Gregory Allen. See omnystudio.com/listener for privacy information.

A discussion of the Supreme Court's Feb. 20 ruling that the tariffs utilized by President Donald Trump under the International Economic Emergency Powers Act were unlawful -- and what is next after Trump has signaled a 15% tariff under Section 122 of the Trade Act -- led Bloomberg Intelligence’s Feb. 23 edition of the Washington Policy Pulse. Senior Litigation Analyst Holly Froum also discussed the likelihood for refunds for firms like Amazon, Walmart and Apple. We also previewed Trump's Feb. 24 State of the Union address with a focus on affordability and headline risk for firms like Bank of America and Blackstone. 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.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The Supreme Court’s nixing of US President Donald Trump’s “reciprocal” tariffs is throwing fresh confusion over the raft of trade deals negotiated by global partners as the inescapable reality of ongoing levies remains a threat.The European Union on Monday froze the ratification process of its agreement with Washington. The move injected economic turbulence into an already strained transatlantic relationship. Without mentioning the EU specifically, Trump warned nations against taking advantage of his legal setback.  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 White House Correspondent Jeff Mason. Bloomberg International Economics and Policy Correspondent Michael McKee. American Economic Liberties Project Director Lori Wallach. Ipsos US Public Affairs Chair Cliff Young. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

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 rushed to salvage his signature tariffs after the Supreme Court struck down his global duties, pledging he would use different tools to work around the ruling and preserve import taxes he has cast as essential to his economic and foreign policy.The president said Friday he planned to impose a flat 10% levy on foreign goods in the coming days, and that he would order a raft of trade investigations that should allow him to enact more permanent tariffs.In a defiant and angry White House press conference hours after the decision, Trump vowed to forge ahead with his approach despite complaints from opponents who say it has undercut longtime trade partnerships and increased costs for Americans. The president has credited his tariff regime for driving substantial investments in the US and preventing foreign conflicts.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 Kendall. Bloomberg Surveillance Co-Host Tom Keene. Bloomberg News Senior Strategist Edward Harrison. Brookings Institution Foreign Policy Research Director Michael O'Hanlon. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Echo Canyon Consulting CEO Jon Seaton. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The US military is stationing a vast array of forces in the Middle East, including two aircraft carriers, fighter jets and refueling tankers, with President Donald Trump saying that Iran had ten to fifteen days at most to strike a deal over its nuclear program.“We’re either going to get a deal, or it’s going to be unfortunate for them,” Trump told reporters Thursday aboard Air Force One. On a deadline, Trump said he thought 10 to 15 days was “pretty much” the “maximum” he would allow for negotiations to continue.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 White House Correspondent Skylar Woodhouse. Former Deputy National Security Adviser Meghan O'Sullivan. Bluestack Strategies Founder Maura Gillespie and Maywood Strategies Principal Doug Farrar. Emory University Professor Andra Gillespie. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.A second day of US-brokered meetings in Geneva between Russia and Ukraine broke up after barely 90 minutes as Ukrainian President Volodymyr Zelenskiy accused Moscow of attempting to prolong the process.The talks were difficult and businesslike, the head of Russia’s delegation Vladimir Medinsky said on Wednesday, adding the next meeting will take place soon without specifying when.“This is complex work that requires alignment among all parties and sufficient time. There is progress, but no details can be disclosed at this stage,” National Security and Defense Council Secretary Rustem Umerov, the head of Ukraine’s delegation, told reporters in Geneva after the talks ended. The next step is to reach enough consensus to put decisions in front of the presidents, he said. He left without taking any questions. 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 This Weekend Co-Host Christina Ruffini. Former US Ambassador to Ukraine William Taylor. ROKK Solutions Partner Kristen Hawn and Republican Main Street Partnership President and CEO Sarah Chamberlain. Vianovo Partner and former State Department Spokesperson Matthew Miller. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The Department of Homeland Security shut down early Saturday amid a congressional funding impasse that shows no sign of ending soon, touched off by backlash over the Trump administration’s widespread and aggressive immigration enforcement raids. The lapse in funding could last for weeks, with Congress on a recess and no agreement on Democratic demands to enact new limits on the tactics employed by immigration officers patrolling American cities.The effects of the shutdown will be limited, but would grow over time. Unlike the record 43-day shutdown late last year, most US departments are funding through Sept. 30. In addition, more than 90% of DHS employees are deemed essential and will continue to work during the shutdown. 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 Kendall. Arizona State University McCain Institute Executive Director Evelyn Farkas. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and S-3 Group Partner Ashley Davis. Bloomberg Markets Live Blog Managing Editor Kristine Aquino. Democratic Congresswoman Dina Titus of Nevada. See omnystudio.com/listener for privacy information.

Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values. The double-edged message offered some reassurance to allied leaders gathered at the Munich Security Conference but did little to temper their push for more independence from Washington. “We want Europe to prosper because we’re interconnected in so many different ways, and because our alliance is so critical,” Rubio told Bloomberg News Editor-in-Chief John Micklethwait on the sidelines of the conference on Saturday. “But it has to be an alliance of allies that are capable and willing to fight for who they are and what’s important.”“What is it that binds us together? Ultimately, it’s the fact that we are both heirs to the same civilization, and it’s a great civilization,” he said. “It’s one we should be proud of.”Rubio’s comments elaborated on a speech he delivered to the event, Europe’s premier annual security gathering, earlier Saturday morning. The speech was the most anticipated of the three-day conference, with fellow leaders eager to hear if he would double down on the contemptuous tone voiced a year earlier by Vice President JD Vance at the same venue.See omnystudio.com/listener for privacy information.

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, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Democratic Congresswoman Debbie Wasserman Schultz. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

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, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Republican Senator Shelley Moore Capito of West Virginia. Stonecourt Capital Partner Rick Davis and Maywood Strategies Principal Doug Farrar. Republican Congressman Mike Flood of Nebraska. Bloomberg News Senior Strategist Edward Harrison. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US payrolls rose in January by the most in more than a year and the unemployment rate unexpectedly fell, suggesting the labor market continued to stabilize at the start of 2026.Employers added 130,000 jobs last month and the unemployment rate declined to 4.3%, according to Bureau of Labor Statistics data out Wednesday. That followed revisions to the prior year, which showed a marked slowdown in hiring. Job gains averaged just 15,000 a month last year, down from the initially reported 49,000 pace.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 Kendall. Former US Treasury Department Official Kitty Richards. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bluestack Strategies Founder and Republican Strategist Maura Gillespie. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Senior US immigration officials told House lawmakers that officers involved in federal operations in Minnesota were trained on constitutional limits, crowd control and the use of force, as Congress scrutinizes two fatal shootings that occurred during enforcement actions earlier this year.At a House Homeland Security Committee oversight hearing, Chairman Andrew Garbarino questioned ICE Director Todd Lyons about whether officers are trained to distinguish between lawful protest activity and conduct that unlawfully interferes with enforcement. Lyons said deportation officers and special agents are trained at the Federal Law Enforcement Training Center in “defensive tactics and personal safety,” as well as laws including key Constitutional amendments relating to speech, firearms, searches, citizenship and other rights before being deployed, with additional training once in the field. 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 Kendall. Republican Congressman Bryan Steil of Wisconsin, Chairman of the House Administration Committee. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congresswoman Suzan DelBene of Washington, Chair of the Democratic Congressional Campaign Committee. Llewellyn King, Syndicated Columnist and Executive Producer and Host of the "White House Chronicle" on PBS. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Congress has less than five days for a bipartisan deal to avert yet another partial shutdown — and questions abound on what that would look like.Funding will lapse for the Department of Homeland Security Friday night unless Congressional Republicans, President Donald Trump and at least some Senate Democrats can find agreement on immigration enforcement. Or perhaps a plan to fund everything in the agency except ICE.Lawmakers return today after leaving town miles apart after Democrats laid out their longer list of demands, and Republicans quickly rebuffed them.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 Kendall. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Television Markets Correspondent Norah Mulinda. Former Republican Congressman Patrick McHenry. See omnystudio.com/listener for privacy information.

A discussion of President Donald Trump's path on affordability -- including a look at housing-related legislation that could pass the House as soon as this week -- led Bloomberg Intelligence's Feb. 9 edition of the Washington Policy Pulse. A potential antitrust probe into US homebuilders by the Trump Administration is likely more bark than bite. We also discussed the likelihood of a shutdown of the Department of Homeland Security -- which in our view is unlikely to have any impact on markets or equities. Finally, we gave a status update on cryptocurrency legislation and tariffs. 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.

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, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg Capitol Influence Team Lead Megan Scully. Bloomberg Businessweek Daily Co-Host Tim Stenovec. Bloomberg TV Markets Correspondent Norah Mulinda. Circa Owner and CEO Derek Stevens. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Senate Majority Leader John Thune dismissed Democrats’ list of demands to curb the Trump administration’s aggressive immigration enforcement posture as political messaging rather than an opening bid in negotiations on a funding deal for the Department of Homeland Security.The two parties have just eight days to reach an agreement or risk a shutdown at the department at the center of the ongoing immigration crackdown. Senate Democratic Leader Chuck Schumer and House Democratic Leader Hakeem Jeffries listed 10 restrictions they want placed on federal Immigration and Customs Enforcement and Border Patrol in a letter late Wednesday to House Speaker Mike Johnson and Thune. 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 Kendall. Republican Congresswoman Nicole Malliotakis of New York. Democratic Congressman Brendan Boyle of Pennsylvania. Stonecourt Capital Partner Rick Davis and Bully Pulpit Managing Director Adam Hodge. Bloomberg TV Markets Correspondent Norah Mulinda. Former Republican Congressman Patrick McHenry. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The Department of Homeland Security will immediately pull 700 officers from Minneapolis, a reduction of about a quarter, amid efforts to deescalate tensions after federal agents killed two US citizens. White House border czar Tom Homan, who President Donald Trump sent to Minneapolis as part of an effort to ease pressure amid local outrage, emphasized a shift to more targeted enforcement after a surge of immigration agents sparked widespread protests. Homan also said cooperation with local authorities to detain immigrants with criminal records had improved. 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 Kendall. Former New Orleans Mayor Mitch Landrieu. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former Deputy Assistant Secretary of State for the Bureau of European and Eurasian Affairs Heather Conley. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The partial US government shutdown is on track to end later Tuesday after the House passed a funding deal President Donald Trump negotiated with Senate Democrats, overcoming opposition from both ends of the political spectrum. The spending package, which Trump has said he wants enacted quickly, now goes to the president for his signature. The House vote was 217 to 214.Still, a more limited funding lapse looms since the Department of Homeland Security would only be funded through Feb. 13 while Trump negotiates with Democrats over their demands for new restraints on immigration enforcement agents. The rest of the government would be funded through the Sept. 30 end of the fiscal 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 speaks with: Bloomberg Washington Correspondent Tyler Kendall. Republican Congresswoman Erin Houchin of Indiana. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Republican Senator John Cornyn of Texas. Obama 2012 Campaign Manager Jim Messina. See omnystudio.com/listener for privacy information.

Our view that the US government partial shutdown will likely end this week -- with the bulk of the US government funded for the rest of the fiscal year -- led Bloomberg Intelligence's Feb. 2 edition of the Washington Policy Pulse. We also discussed the confirmation process and how it could play out for President Donald Trump's nomination of Kevin Warsh to be the next Chairman of the Federal Reserve, especially in light of Senator Thom Tillis's desire to block the nomination at the Senate Banking Committee. Finally, we discussed upcoming testimony from Treasury Secretary Scott Bessent on regulation for banks like 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.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.House leaders are scrambling to pass a bipartisan deal to end a partial government shutdown by funding the majority of agencies through September with the exception of the Department of Homeland Security.The House Rules Committee will meet at 4 p.m. today on the latest version of the spending measure blessed by President Donald Trump, but it will be a heavy lift.The five full-year funding bills in the deal — Defense, Labor-HHS-Education, Transportation-HUD, Financial Services-General Government, and National Security-State — passed the House last month by a bipartisan vote of 341-88. But the circumstances are different this time around with the inclusion of the two-week DHS stopgap.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 Congressional Reporter Erik Wasson. US Representative-Elect Christian Menefee of Texas. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congressman Suhas Subramanyam of Virginia. See omnystudio.com/listener for privacy information.

Insight & analysis on the White House and Capitol Hill.Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Donald Trump named Kevin Warsh to be the next chair of the Federal Reserve, ending months of speculation over who’d take charge of US interest rates as the president pushes for big cuts. Trump elevated Warsh, who’s advised him on economic policy and previously served as a Fed governor, to succeed Jerome Powell when his term at the helm ends in May. It marks a comeback for Warsh, 55, who’s called for a major overhaul of the Fed but was passed over for the top job in 2017 when Trump opted for Powell.If confirmed by the Senate, Warsh will take the reins at a time when many economists and investors see the Fed’s traditional insulation from elected officials as being under threat from the White House. Warsh aligned himself with Trump in 2025 by arguing publicly for lower rates, going against his longstanding reputation as an inflation hawk.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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Bloomberg Washington Correspondent Tyler Kendall. Former White House Council of Economic Advisers Member Heather Boushey. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Firehouse Strategies Managing Director Matt Terrill. Center for Strategic and International Studies Economic Security and Technology Department President Navin Girishankar. House Financial Services Committee Chairman French Hill. See omnystudio.com/listener for privacy information.

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 and Senate Democrats are nearing a deal to avert a US government shutdown as the White House negotiates with Democrats to place new limits on immigration raids that have provoked a national outcry.The talks between top Senate Democrats and the Trump administration aimed at averting a government shutdown have moved closer to Democrats’ demands, according to a person familiar with the negotiations.“I think we’re getting close,” Trump told reporters at a cabinet meeting Thursday morning. “We’ll work in a very bipartisan way, I believe, not to have a shutdown.”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 Kendall. Democratic Congressman Gregory Meeks of New York, Ranking Member of the House Foreign Affairs Committee. Bluestack Strategies Founder Maura Gillespie and Bellwether Government Affairs CEO Arshi Siddiqui. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Senate Majority Leader John Thune said the two parties are in talks with the White House over US government funding as Democrats threaten to force a partial US government shutdown following a mounting public backlash over President Donald Trump’s immigration crackdown in Minnesota.The fatal shooting of Minnesota nurse Alex Pretti by Border Patrol agents on Saturday quickly led to a Senate Democratic revolt against funding the Department of Homeland Security without new safeguards. Funding for several other agencies, including Defense, Health and Human Services, Labor, Treasury and Education, could become a casualty of the dispute as a Jan. 30 funding deadline nears.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 Kendall. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg News US National Security Team Lead Nick Wadhams. Bloomberg News US Equities Managing Editor Michael Regan. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Donald Trump said Homeland Security Secretary Kristi Noem would remain in her post despite the president’s decision to reshuffle the leadership running his deportation effort in Minnesota following widespread outcry over the killing of two US citizens by federal agents.“I think she’s doing a very good job,” Trump told reporters Tuesday as he departed the White House for a trip to Iowa. “The border is totally secure.”The public vote of confidence came a day after the president ordered the shakeup in the aftermath of the Jan. 24 fatal shooting of 37-year-old intensive care nurse Alex Pretti by a Border Patrol agent during an enforcement operation. 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 News Immigration Reporter Alicia A. Caldwell. Bloomberg Washington Correspondent Tyler Kendall. Former Acting White House Chief of Staff Mick Mulvaney. Redwave Communications Owner and Republican Strategist David Kochel. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump indicated he’ll make changes to his administration’s deportation crackdown in Minnesota after the killing of two US citizens during immigration raids sparked nationwide uproar.The president said he was sending US border czar Tom Homan — who is seen as relatively measured compared to rivals, including Homeland Security Secretary Kristi Noem — to Minneapolis in a bid to deescalate tensions. Trump also spoke with Minnesota Governor Tim Walz, telling the Democrat who he has derided as “grossly incompetent” that he would consider independent investigations into the shootings and reducing the number of federal agents in his state. 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 Kendall. Bloomberg Senior Editor Wendy Benjaminson. Constitutional lawyer Robert McWhirter. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Jeanne Sheehan Zaino. Bloomberg News Senior Correspondent Myles Miller. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Snow and dangerously bitter cold have begun to spread from the Rocky Mountains to the Great Lakes as a massive storm pushes toward the US Northeast, disrupting travel and threatening power outages for much of the nation.The storm is expected to span nearly 1,500 miles (2,400 kilometers), bringing heavy snow, crippling ice and subzero wind chill to some of the biggest US cities. Natural gas prices surged on concern iced-over equipment will choke supplies. Airlines have already canceled more than 3,000 flights and Amtrak has pulled dozens of trips from its schedule. Chicago schools were closed Friday as the third-largest US district braced for wind chills of -30F (-34), while ski resorts in Michigan took the unusual step of shutting slopes because of the extreme cold. 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 News Energy Reporter Josh Saul. Former FEMA Administrator Deanne Criswell. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone. Republican Congresswoman Nicole Malliotakis of New York. Bloomberg Texas Bureau Chief Julie Fine. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Oil fell as Ukrainian President Volodymyr Zelenskiy discussed plans for trilateral meetings with the US and Russia.West Texas Intermediate traded below $60 a barrel on Thursday. Any breakthrough to end Moscow’s war in Ukraine could iron out supply disruptions and end sanctions on Russian crude in an already oversupplied global market, sapping a longstanding geopolitical risk premium.Signs of ample supply were evident in a US government report that showed US crude stockpiles rose 3.6 million barrels last week, while fuel stocks rose across the board. 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 Kendall. Republican Congressman Andrew Garbarino of New York, Chairman of the House Homeland Security Committee. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. US Army Transformation and Training Command Executive Director Joseph Welch. See omnystudio.com/listener for privacy information.