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.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.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he was seeking immediate talks on the US acquiring Greenland while saying he did not plan to use force, during an address to the world’s business and political elite in Davos on Wednesday.“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the United States, just as we have acquired many other territories throughout our history,” Trump told attendees of the World Economic Forum in Switzerland.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 Federal Reserve Vice Chair Lael Brainard. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg News Executive Editor for Canada Derek Decloet. Bloomberg News Managing Editor for US Equities Michael Regan. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Along the illustrious Davos Promenade, the US administration has taken over a 19th century church that’s been reconsecrated for the week as a shrine to business and politics. On the eve of President Donald Trump’s arrival, a banner hangs behind USA House spelling out, “House of God.” It’s as good a visual cue as any for the power plays ahead as Trump descends on the Swiss Alps for the first time since 2020 in the final year of what was, with the benefit of hindsight, a more restrained first term. That goes for European leaders as well as the gullible billionaires duped into buying fake tickets for access to Trump’s entourage.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 News' Christina Ruffini. Bloomberg Intelligence Senior US Policy Analyst Nathan Dean. 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.Iran may have averted US strikes for now by pledging not to execute protesters after pressure from President Donald Trump.Trump told reporters Wednesday he had been informed the “killing in Iran is stopping,” adding he would be “very upset” if the crackdown continued. That was a marked shift from earlier in the week, when he urged Iranians to keep demonstrating and vowed that “help is on the way.”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: Council on Foreign Relations President Emeritus Richard Haass. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Republican Main Street Partnership President and CEO Sarah Chamberlain. Groundwork Collaborative Senior Strategic Advisor Kitty Richards. Financial Insyghts President Peter Atwater. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Venezuelan opposition leader Maria Corina Machado met President Donald Trump at the White House on Thursday as part of her push for greater influence in the wake of Nicolas Maduro’s ouster at the hands of American troops.Trump was expecting a “good and positive discussion” with Machado, who “is really a remarkable and brave voice for many of the people of Venezuela,” White House spokeswoman Karoline Leavitt told reporters.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 Deputy Assistant Secretary of State for the Bureau of European and Eurasian Affairs Heather Conley. Republican Senator Ted Budd of North Carolina. American Bankers Association President and CEO Rob Nichols. Republican Congressman Nicole Malliotakis of New York. 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.Danish Foreign Minister Lars Lokke Rasmussen said a “fundamental disagreement” remained after a meeting of top diplomats in Washington, while announcing an agreement to form a high-level working group on Greenland amid threats of a US takeover.“I’m not saying anything is solved. It’s not solved,” Rasmussen told reporters after the meeting, which he characterized as “frank but constructive.”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 Haley Stevens of Michigan. Republican Congressman Bryan Steil of Wisconsin. Bully Pulpit International Managing Partner Adam Hodge and Bluestack Strategies Founder Maura Gillespie. Bloomberg TV Markets Correspondent Norah Mulinda. International Capital Strategies Founder and Managing Partner Doug Rediker. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump has relied on social media posts and Washington interviews in recent weeks to flesh out a more populist economic message that he hopes will help Republicans keep control of Congress. On Tuesday he’ll make those arguments in a key battleground state. As voters express mounting frustration over the president’s economic agenda and the cost of living, Trump will visit a factory making Ford Motor Co. F-150 trucks and promote his tariff and manufacturing policies at an event sponsored by the Detroit Economic Club. 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 Raja Krishnamoorthi of Illinois. Senator Elizabeth Warren of Massachusetts. Senator Roger Marshall of Kansas. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.Senator Thom Tillis, a key Republican on the Banking Committee who isn’t running for reelection, vowed quickly Sunday night to oppose any Trump nominees to the Fed until the matter is resolved. 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 Dingell. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stanford University Hoover Institution Fellow Lanhee Chen. Rapidan Energy Group President Bob McNally. Bloomberg Economics Defense Geoeconomics Lead Becca Wasser. See omnystudio.com/listener for privacy information.

Analysis that Justice Department subpoenas on the Federal Reserve -- similar to President Donald Trump's bid to fire Fed governor Lisa Cook -- is unlikely to succeed led Bloomberg Intelligence's Jan. 12 edition of the Washington Policy Pulse. BI Senior Litigation Analyst Elliott Stein discussed how a criminal conviction, and perhaps even an indictment, is unlikely. We also showed how we think Trump's desire for a 10% cap on credit card interest is unlikely to succeed, but pressure will remain on companies like Capital One, Synchrony, Mastercard and Visa. Finally, we previewed planned crypto Senate markups.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.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump is set to outline his vision for rebuilding Venezuela’s battered oil sector Friday in a meeting with representatives from 17 energy companies, including crude producers, refiners and commodity traders.Industry executives slated to attend the Friday afternoon meeting include both US oil majors — Chevron Corp. Exxon Mobil Corp. and ConocoPhillips — and smaller independent producers, including Continental Resources Inc. and Hilcorp Energy Co., a White House official 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, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Chief of Staff to Vice President Mike Pence Marc Short. Stonecourt Capital Partner Rick Davis and Bellwether Government Affairs CEO Arshi Siddiqui. Former White House Council of Economic Advisers Member Heather Boushey. Bloomberg Senior National Political Correspondent Nancy Cook. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Moderate Republicans are nearing a deal to extend enhanced Obamacare tax credits that they say could pass the House and Senate.House lawmakers will vote on a three-year clean extension later Thursday after Democrats and a handful of Republicans forced House leaders’ hands through a discharge petition. Senate negotiators expect to modify that bill and say they’re close on the specifics.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 Deputy Congressional Editor Mike Dorning. House Ways & Means Committee Chairman Jason Smith, Congressman from Missouri. Bully Pulpit International Managing Director Adam Hodge and Firehouse Strategies Managing Partner Matt Terrill. Bloomberg TV Markets Correspondent Norah Mulinda. Democratic Congresswoman Suzan DelBene of Washington. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he would move to ban institutional investors from buying single-family homes, part of a push to address housing affordability ahead of this year’s midterm elections.“People live in homes, not corporations,” Trump said in a social media post Wednesday announcing the effort, adding that he would expound on the plan at the World Economic Forum in Davos, Switzerland, later this month.The news sent shares of homebuilders, including Toll Brothers Inc., Invitation Homes Inc., KB Home and PulteGroup Inc., down. Shares of Blackstone Inc. — a major investor in single-family homes in the US —fell by as much as 9.3%, though later pared some of those losses. 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 Intelligence Senior Defense Research Analyst Wayne Sanders. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Republican Congressman Bryan Steil of Wisconsin. Former Republican Congressman Patrick McHenry. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump asked Secretary of State Marco Rubio to lead the process to implement economic and political reforms in Venezuela and the US believes it is getting “full, complete and total” cooperation from the government in Caracas after the capture of Nicolas Maduro, White House senior adviser Stephen Miller said Monday.Trump requested Rubio “under the president’s close guidance and direction, to be the lead on this process,” Miller told reporters at the White House. The secretary of State will lead a team that includes officials working on energy, financial, and military policy, he added.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: Former White House National Security Advisor John Bolton. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Intelligence Senior US Policy Analyst Nathan Dean. See omnystudio.com/listener for privacy information.

A discussion with Bloomberg Intelligence Senior Defense Analyst Wayne Sanders about how the US arrest of Venezuela's Nicolas Maduro is unlikely to alter US defense-spending for companies like Lockheed Martin and General Dynamics led Bloomberg Intelligence's Jan. 5 edition of the Washington Policy Pulse. Among the topics of discussion included the likelihood of extending enhanced Obamacare subsidies, the odds of a government shutdown and the timing for a Supreme Court decision on the legality of tariffs. We also discussed why odds of a crypto bill could decrease if Congress doesn't show much progress and how important it is for firms like Coinbase and Robinhood.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 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: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registrationSee omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US Energy Secretary Chris Wright plans to talk this week with oil-industry executives about reviving Venezuela’s energy sector following the capture of President Nicolás Maduro, according to people familiar with the matter. Wright will attend the Goldman Sachs Energy, Clean Tech & Utilities Conference in Miami this week that executives from Chevron Corp., ConocoPhillips and other companies are scheduled to attend. Chevron is the only oil supermajor still operating in Venezuela.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 Senior National Security Reporter Myles Miller. Center for Strategic and International Studies Senior Associate Eric Farnsworth. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg TV Markets Correspondent Norah Mulinda. Former Deputy Assistant Secretary of State for the Bureau of European and Eurasian Affairs Heather Conley. Former Diplomat Leland Lazarus. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone. See omnystudio.com/listener for privacy information.