Balance of Power

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.A delayed snapshot of inflation in September came in softer than expected, potentially offering a path for the Federal Reserve to cut interest rates beyond next week’s meeting.The core consumer price index, excluding the often volatile food and energy categories, increased 0.2% from August, according to Bureau of Labor Statistics data out Friday. That was the slowest pace in three months and restrained by the smallest increase in a key measure of housing costs since early 2021.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 International Economics and Policy Correspondent Michael McKee. Republican Congressman Mark Alford of Missouri. Lexington Institute Vice President Rebecca Grant. 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.Eric Adams will endorse Andrew Cuomo for New York City mayor, a reversal for the incumbent mayor after he accused his former challenger of being a “snake and a liar” just weeks ago in the contentious battle for Gracie Mansion.The endorsement, part of an effort to bolster Cuomo’s campaign against frontrunner Zohran Mamdani, comes less than two weeks before the November election. Adams and Cuomo were seen together court-side at the Knicks game Wednesday night following the final mayoral debate. The endorsement was reported earlier by the New York Times.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 Correspondent David Gura. Stonecourt Capital Partner Rick Davis and Bully Pulpit International Managing Director Adam Hodge. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. Former US Ambassador James Jeffrey. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Members of the ultra-conservative House Freedom Caucus and at least one influential Republican chairman are pushing for a long-term stopgap spending bill as part of their strategy to end the ongoing US government shutdown. Their push runs counter to comments from House Speaker Mike Johnson and members of the powerful appropriations committee, who have said they want to negotiate individual spending bills for fiscal year that started Oct. 1. That would likely require another short-term bill to grant lawmakers enough time to finalize the comprehensive legislation.Republicans remain united behind a short-term bill to fund the government until Nov. 21 — a plan that Democrats have repeatedly blocked in the Senate. But GOP lawmakers acknowledge that deadline is rapidly approaching and quickly need to develop a new plan to fund the government past that date.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: Alliance for Competitive Taxation Spokesman Kevin Brady. House Ways and Means Committee Chairman Jason Smith. 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.US Vice President JD Vance said he remains optimistic about the future of a ceasefire between Israel and Hamas despite a flareup in violence over the weekend, part of a bid to keep talks progressing on the future of Gaza.Vance spoke Tuesday at the base of a multinational monitoring force near Gaza. He traveled to the region about a week after President Donald Trump unveiled a US-led agreement to end the two-year war between Israel and Hamas, starting with a truce and exchange of Hamas’s last living hostages for almost 2,000 Palestinian prisoners. “There are going to be hills and valleys,” Vance said, flanked by Trump’s son-in-law Jared Kushner and presidential envoy Steve Witkoff. “There are going to be moments where it looks like things aren’t going particularly well. But given that, and given the history of conflict, I think that everybody should be proud of where we are today.”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 National Security Team Lead Nick Wadhams. Center for Strategic and International Studies Non-Resident Senior Associate Natasha Hall. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Republican Congressman Bryan Steil of Wisconsin. Bloomberg News Economic Statecraft Reporter Joe Deaux. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump listed rare earths, fentanyl, soybeans and Taiwan as the US’s top issues with China, underlining the divisive topics the two sides plan to tackle at the negotiating table as a fragile trade truce nears its expiration.“I don’t want them to play the rare earth game with us,” Trump said on Air Force One on Sunday as he headed back to Washington from Florida. Days earlier, the US leader threatened an additional 100% tariff on Chinese products after Beijing vowed to exert broad controls on the minerals.Trump also said the US wanted China “to stop with the fentanyl,” a reference to his accusation that the Chinese government has failed to curb exports of the drug and its precursor chemicals, contributing to the American opioid crisis. Another key demand was for the world’s No. 2 economy to resume soybean purchases.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 Editor Wendy Benjaminson. Rapidan Energy Group President Bob McNally. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg National Security Reporter Courtney McBride. Atlantic Council Non-Resident Senior Fellow Melinda Haring. See omnystudio.com/listener for privacy information.

An update on President Donald Trump's threat to play an additional 100% tariffs on China -- and the potential for Congress to act on a resolution overturning Trump's emergency tariffs related to Canada and Brazil -- led Bloomberg Intelligence's Washington Policy Pulse on Oct. 22. We note that any resolution, to become law, would need Trump's signature. We also discussed the current policy state of play for the crypto industry, including the potential rulemakings and legislation set to impact firms like Coinbase, Robinhood, Circle and Bullish. Finally, we reviewed our note on SEC efforts to "Make IPOs Great Again" and how smaller firms could be the beneficiaries of such actions.  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.

Make sense of the world with one essential conversation, every week. Mishal Husain, one of Britain's best interviewers, brings her signature blend of curiosity and tenacity to weekly conversations with world leaders, business titans, and cultural icons, revealing who they really are and how they see the world changing around them.Follow the podcast wherever you listen, so you don't miss an episode.swap.fm/l/P1iueaQy5gndhEheLwN3See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump has his sights once again on ending the war in Ukraine, announcing another meeting with Russian leader Vladimir Putin after a first summit in Alaska failed to yield progress.The president framed the decision, announced after he spoke with Putin for more than two hours Thursday, as a plan to bring peace at last to a conflict that he once claimed he’d solve within a day. But it also deflates any pressure that had been building on Putin in recent weeks as Trump vented frustration with the Russian leader’s foot-dragging to end the war. 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 Mario Parker is in for Kailey. Joe and Mario speak with: Former US Ambassador to Georgia Ian Kelly. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. Center for Strategic and International Studies Defense and Security Department Senior Fellow Ben Jensen. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former RNC Communications Director Lisa Camooso Miller. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US President Donald Trump said he would hold a second meeting with Russian President Vladimir Putin at a yet-to-be determined date aimed at ending the war in Ukraine.Trump and Putin agreed to meet in Budapest during a two-hour phone call on Thursday. The two leaders met in Alaska in August, but failed to reach a breakthrough.“I believe great progress was made with today’s telephone conversation,” Trump posted on social media, saying that he and Putin would “see if we can bring this ‘inglorious’ War, between Russia and Ukraine, to an end.”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 Mario Parker is in for Kailey. Joe and Mario speak with: European Investment Bank President Nadia Calvino. Bloomberg White House Correspondent Lauren Dezenski. Former Chief of Staff to Vice President Mike Pence Marc Short. S-3 Group Partner Ashley Davis. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Democrats are digging in for a long shutdown fight, rallying around their collective disdain for President Donald Trump’s budget director.Russell Vought has become an unusually prominent director of the Office of Management and Budget. His role in ratcheting up the pressure during the government shutdown — questioning whether federal workers will get back pay when the lapse ends and taking steps to lay off several thousand employees — has given Democratic lawmakers a clear opposition figure.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 Mario Parker is in for Kailey. Joe and Mario speak with: Ipsos US Public Affairs Chair Cliff Young. Democratic Congressman Sam Liccardo of California. 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. Federal Reserve Chair Jerome Powell signaled the US central bank is on track to deliver another quarter-point interest-rate cut later this month, even as a government shutdown significantly reduces its read on the economy.Powell, in a speech Tuesday at the National Association for Business Economics annual meeting, said that the economic outlook appeared unchanged since policymakers met in September, when they lowered interest rates and projected two more this year.“A rate cut in October is done,” said Julia Coronado, founder of the research firm MacroPolicy Perspectives and a former Fed economist. “Nothing has changed the perspective that there’s still downside risks to the labor market.”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 Joe speaks with: Bloomberg News Economics Editor Molly Smith. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg International Economics and Policy Correspondent Michael McKee. Bloomberg National Security Editor Iain Marlow. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump pressed world leaders gathered at a summit on Gaza’s future to ensure the US-led truce between Israel and Hamas turns into a lasting peace, hailing the agreement as a “new beginning” for the war-torn region.“Today, for the first time anyone can remember, we have a once-in-a-lifetime chance to put the old feuds and bitter hatreds behind us,” Trump said in the Egyptian resort town of Sharm El-Sheikh.” “Together we’re going to forge a magnificent, great and enduring peace.” Trump’s whirlwind trip, which also included a stop in Israel, heightened optimism for ending the two-year-long war between Israel and Hamas. “Together, we’ve achieved what everybody said was impossible. At long last we have peace in the Middle East,” Trump said. “Now the rebuilding begins.”Yet the nascent ceasefire remains fragile, with many key details left to be worked out. Trump said food and aid has begun to flow into Gaza, which has been devastated by the conflict. “Numerous countries of great wealth” have pledged reconstruction funds, Trump added, though he did not name 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 and Kailey speak with: Oliver Crook, Bloomberg Europe correspondent Hagar Chemali, Former-Director for Syria and Lebanon at the National Security Council (NSC)/CEO and Founder of Greenwich Media Strategies 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 See omnystudio.com/listener for privacy information.

With President Donald Trump vowing to pay the military on Oct. 15, the lack of a pressure point to bring Congress together to resolve the US government shutdown led Bloomberg Intelligence's Washington Policy Pulse on Oct. 13. The next major catalyst, in our view, would be if Supplemental Nutrition Assistance Program (SNAP) benefits run out at the end of the month, potentially impacting grocers like Walmart, Kroger and Albertsons. We also discussed the latest in Trump's threat to place tariffs on China, as well as an update on deposit insurance legislation, which could increase costs for banks like JPMorgan and Bank of America.  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 President Donald Trump threatened a “massive increase” of tariffs on goods from China and to cancel an upcoming meeting with the country’s leader, Xi Jinping, citing recent “hostile” export controls Beijing placed on rare-earth minerals. “I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so,” Trump posted Friday on social media. The president added that one form of retaliation the US is considering “is a massive increase of Tariffs on Chinese products coming into the United States of America,” adding that “there are many other countermeasures that are, likewise, under serious consideration.”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 Michelle Jamrisko is in for Kailey. Joe and Michelle speak with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg Surveillance Host Tom Keene. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congressman Brad Sherman of California. Former Republican Congressman Patrick McHenry of North Carolina. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Congressional leaders continued to blame the other party for the US government shutdown as President Donald Trump doubled down on his threats to use the stalemate, now in its ninth day, to make sweeping cuts to Democratic priorities and the federal bureaucracy. There was no sign of progress as government workers and military personnel prepare for missed paychecks and the general public begins to fell the effects of the closure on everything from taxpayer services to air travel. Trump has repeatedly threatened to fire federal workers, withhold back pay for some government employees and cut funding for programs favored by Democrats, but so far none have materialized. Some Republicans have questioned that strategy, saying it distracts from their messaging to blame Democrats for the shutdown effects. 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 Michelle Jamrisko is in for Kailey. Joe and Michelle speak with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg Washington Deputy Bureau Chief Laura Davison. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Speaker Mike Johnson dismissed Democrats’ pleas to call the House back into session and ensure troops get paid Oct. 15 if the government is still shut down.House Democrats “are clamoring to get back here and have another vote, because some of them want to get on record and say that we’re paying troops,” Johnson told reporters Wednesday. “We already had that vote. It’s called the CR,” he added, referring to the stopgap spending bill the House passed with Republicans and just one Democrat.Democratic Reps. Gabe Vasquez (N.M.) and Derek Tran (Calif.) will send a letter to Johnson this afternoon, asking for the House to return and vote on legislation to pay troops during a shutdown “immediately.” Johnson canceled this week’s House session and has signaled the chamber would stay away until Senate Democrats fold to accept the GOP-led continuing resolution.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 Jason Smith of Missouri, Chairman of the House Ways and Means Committee. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congresswoman Melanie Stanbury of New Mexico. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump opened the door to blocking back pay for certain federal workers when the government reopens, a move that would heighten legal scrutiny of the administration’s maneuvers during the shutdown.“It really depends on who you’re talking about, but for the most part, we’re going to take care of our people,” he told reporters at the White House. “There are some people that really don’t deserve to be taken care of and we’ll take care of them in a different way.”The White House’s Budget Office led by Russell Vought has drafted a memo that says the workers aren’t guaranteed compensation during the shutdown, a posture that raises the stakes in the confrontation with Democrats nearly a week after agencies and departments suspended non-essential operations.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 Mike Bost of Illinois, Chairman of the House Veterans' Affairs Committee. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Capitol Influence Team Lead Megan Scully. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The White House tightened its pressure on congressional Democrats as a US government shutdown lurched into a second week, saying it would soon trigger federal worker layoffs without specifying when those could begin.President Donald Trump spoke with top congressional Republicans Monday and administration officials are working with agency heads on layoff plans, White House Press Secretary Karoline Leavitt told reporters.“If this shutdown continues, layoffs are going to be unfortunate consequence of that,” Leavitt said Monday, declining to give a timeline for when the White House would announce layoffs.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. 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. Wilson Center Global Fellow David Hale. See omnystudio.com/listener for privacy information.

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

Hamas agreed to release the last of the hostages from its 2023 attack on Israel but said the rest of a US peace plan would be subject to negotiation, a stance that offered uncertain hopes for an end to the conflict in Gaza. President Donald Trump responded favorably to the Hamas statement even though the group failed to address other key elements of his 20-point proposal that Israel has also demanded, including that it disarm. He called on Israel to stop its bombing campaign and said discussions were underway on “details to be worked out,” suggesting that he was willing to give Hamas some leeway. “I believe they are ready for a lasting PEACE,” Trump said of Hamas in a social media post. “Israel must immediately stop the bombing of Gaza, so that we can get the Hostages out safely and quickly!” In a subsequent video post, Trump thanked the Muslim-majority nations he credited with assisting in the negotiations and pledged that “everybody will be treated fairly” in ongoing talks. “This is a big day,” Trump said. “We’ll see how it all turns out — we have to get the final word down in concrete.” For instant reaction and analysis, Bloomberg Balance of Power host Joe Mathieu speaks with: - Rep. Gregory Meeks of New York- Bloomberg News State Department and Foreign Policy Reporter Eric Martin- Former Deputy Secretary of State Wendy ShermanSee omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Senate Democrats on Friday rejected a Republican spending bill in a vote that will almost certainly push the US government shutdown into next week as the party stands firm in the face of President Donald Trump’s threats to fire thousands of federal workers and extract political revenge.  With the two sides locked in a standoff that raises the prospects of lengthy furloughs and a prolonged disruption in government services, senators left Washington for the weekend. Across the Capitol, Speaker Mike Johnson indicated that House lawmakers, who have been home in their districts, may not return as planned next week if the Senate remains deadlocked.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Washington Deputy Bureau Chief Laura Davison. Republican Senator Todd Young of Indiana. Bluestack Strategies Founder Maura Gillespie. 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 is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end a government shutdown that has entered its second day.“It’s likely going to be in the thousands,” White House press secretary Karoline Leavitt told reporters on Thursday, saying that the “entire team at the White House” was working to identify possible cuts.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 Congressional Reporter Erik Wasson. Democratic Congressman Joe Morelle of New York. Stonecourt Capital Partner Rick Davis and Third Way Senior Fellow Caitlin Legacki. Republican Congressman Bryan Steil of Wisconsin. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The slow-rolling government shutdown that everyone saw coming is here. What’s harder to foresee is how Republicans and Democrats get out of it quickly.Parts of the federal government were slated to begin closing down this morning after lawmakers failed to agree on a spending bill last night. Unlike in past shutdowns, each side, at least for now, sees advantages in playing this brawl out.Republicans, after taking the blame for shutdowns in 2013 and 2018, are eager to turn the tables and blame Democrats for undercutting services millions rely on. And they don’t want to give in to policy demands on what has traditionally been a bipartisan process, funding the basics to keep the lights on.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 Government Congress Reporter Jack Fitzpatrick. Republican Senator Ted Budd of North Carolina. Democratic Congressman Glenn Ivey of Maryland. Republican Congresswoman Lisa McClain of Michigan. Retired Two-Star Marine Corps Major General Arnold Punaro. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump threatened mass firings of federal workers as the US hurtles toward a shutdown with Democrats and Republicans at an impasse over funding the government.“We may do a lot and that’s only because of the Democrats,” Trump said in response to a question about the number of government employees who could be dismissed during a shutdown. The White House last week directed agencies to draw up plans for widespread firings if the government closed down. So far, no agencies have explicitly called for terminations in their shutdown plans. With just hours to go until a midnight deadline, the deadlock over spending threatens to paralyze many US government operations for the first time in nearly seven years, causing the suspension of services for Americans and paychecks for federal workers. As many as 750,000 federal workers could be temporarily furloughed, even if Trump doesn’t proceed with permanent dismissals, the nonpartisan Congressional Budget Office estimated.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: Republican Congressman Mike Lawler of New York. Bloomberg Washington Deputy Bureau Chief Laura Davison. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congresswoman Suzan DelBene of Washington. See omnystudio.com/listener for privacy information.

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said they had agreed to a 20-point plan designed to end the war in Gaza, though the prospects for peace remained unclear without the direct involvement of Hamas.Trump said the framework had the support of other leaders from the Middle East and Muslim majority nations during a press conference Monday alongside Netanyahu, suggesting it could lay the ground for a broader peace in the region. Still, the proposal — which mandates Hamas have no role in the future of Gaza — must be accepted by the militant group, which would need to agree to substantial concessions. Hamas, which sparked the war with an Oct. 7, 2023, attack on Israel said ahead of the Trump-Netanyahu meeting that it had not yet seen the plan and would need to study the proposal. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall 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 Israeli Report Dan Williams Rep. Dusty Johnson on the looming government shutdown Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zain See omnystudio.com/listener for privacy information.

A discussion of why and why not the US government will shutdown on October 1 -- and the implications for markets -- led Bloomberg Intelligence's Sept. 29 Washington Policy Pulse. We continue to note one of the most important impacts for market participants will be a potential lack of government data -- such as Bureau of Labor Statistics employment reports. We also discussed President Donald Trump's recent tariff announcements -- including a 100% tariff on films made outside the US. We have previously ascertained that such a tariff is on weak legal grounds. Finally, we discussed recent developments in the crypto space, impacting firms like Robinhood, Coinbase and Bullish.  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. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Washington Deputy Bureau Chief Laura Davison. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Minnesota Attorney General Keith Ellison. Non-Resident Senior Fellow with the Atlantic Council’s Eurasia Center Melinda Haring. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Former Governor Andrew Cuomo blasted his rival Zohran Mamdani’s candidacy in the race for mayor of New York City as “abhorrent” and the competition as a “battle for the soul” of the Democratic party.“This is a civil war within the Democratic party where the extreme left is pulling the Democratic party and the moderates are afraid,” Cuomo said Thursday in an interview with Bloomberg TV. “The Democratic Party is not anti-business, it’s not anti-police. That’s not who we are.”Cuomo, 67, is running as an independent and is polling in second place behind Mamdani, the Democratic nominee, in a four-way race that also includes Republican nominee Curtis Sliwa and incumbent Mayor Eric Adams.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 Correspondent David Gura. Stonecourt Capital Parter Rick Davis and Democratic Governors Association External Affairs Director Ofirah Yheskel. Former New Hampshire Governor Chris Sununu, President of Airlines for America. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.NATO allies are struggling to coordinate a response to Russian airspace violations, with partners in the defense alliance openly contradicting each other.On Tuesday evening, Germany warned against the risks of shooting down Russian aircraft, while US President Donald Trump almost simultaneously showed he’s open to a more aggressive stance, backed by Poland and Baltic states. On Monday, Polish Prime Minister Donald Tusk threatened to shoot down aerial threats and stated there is “no room for discussion” about the policy.The back and forth reveals worrying divisions within the alliance as Vladimir Putin tests its resolve. A series of incidents in which Russian aircraft have crossed into the airspace of NATO allies has sparked concern along its eastern flank and beyond. 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 Mario Parker fills in for Kailey. They speak with: Bloomberg National Security Team Lead Nick Wadhams. Former US Diplomat Anja Manuel. Pangaea Policy Founder Terry Haines. 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 assailed the United Nations and other countries in a grievance-laden speech that saw him accuse the world body of offering nothing but “empty words,” label climate change a “con job” and warn that open borders are destroying them.Setting aside calls for unity, Trump began his speech to the UN General Assembly by venting his frustration that the UN hadn’t done more to support his diplomatic efforts. He faulted the organization over an escalator that broke down just as First Lady Melania Trump stepped onto it, said his teleprompter was also malfunctioning and ruminated on a two-decade-old grudge over his rejected bid to renovate the UN headquarters.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 Economics Senior Geoeconomics Analyst Adam Farrar. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Latvian President Edgars Rinkēvičs. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Oracle Corp. would provide security and help oversee the re-creation of a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of American investors, a White House official said, addressing a key concern raised by lawmakers in Washington.The arrangement, outlined by the official on Monday, seeks to ensure that the American buyers control TikTok’s recommendation software in the US following a divestiture by its Chinese parent, ByteDance Ltd. Owners of the US-based TikTok would lease a copy of the algorithm from ByteDance that would then be retrained “from the ground up” with Oracle’s oversight, according to the official.Data from US users would be stored in a secure cloud managed by Oracle with controls established to keep out foreign adversaries, including China, the official said. Beijing-based ByteDance would not have access to information on TikTok’s US subscribers, nor would it have any control over the algorithm in the US, the 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 Senior Editor Michael Shepard. Democratic Congressman Emanuel Cleaver of Missouri. Pennsylvania Governor Josh Shapiro. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. European Commission Executive Vice President for Clean, Just and Competitive Transition Teresa Ribera. See omnystudio.com/listener for privacy information.

The Bloomberg Intelligence Financial Washington Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.    The call is open to all and is held every Monday at 10:00 a.m. EST.    You can register for the call here: 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.Congress moved closer to an Oct. 1 government shutdown as Senate Democrats and Republicans on Friday each blocked the other party’s rival plans to provide temporary funding.Democrats are demanding a boost to health care spending while Republicans refuse to go along and back a simple bill to keep the lights on through Nov. 21.Resolving the conflict is complicated by the Senate’s plan to take a week-long break as the Oct. 1 funding lapse nears. The Senate could return to Washington as late as Sept. 29. The House plans to stay on recess until after Oct. 1.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: House Majority Whip Rep. Tom Emmer. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former US Deputy Assistant Secretary of Defense for Russia, Ukraine and Eurasia Laura Cooper. Ohio State University College of Arts and Sciences Alumni Associate Professor of History Hasan Kwame Jeffries. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.With golden carriages, military splendor and an opulent banquet, the UK’s royal gambit paid off this week, as President Donald Trump and Prime Minister Keir Starmer concluded an historic state visit by hailing the trans-Atlantic relationship and — at least publicly — smoothing over their policy differences. Appearing before reporters Thursday at the close of Trump’s two-day trip, the US president still seemed dazzled by the previous day’s events at Windsor Castle, calling it a “spectacular honor” and describing King Charles III and Queen Camilla as “amazing people.” It was exactly the kind of response UK officials had been hoping for, and Starmer played on the sentiment by repeatedly stressing the “unique bond” between the nations forged through historic ties that made them “first partners.”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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Chief Political Correspondent Annmarie Hordern. Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard. Stonecourt Capital Partner Rick Davis and Bellweather Government Affairs CEO Arshi Siddiqui. Bloomberg Contributor and Former Republican Congressman Patrick McHenry. Democratic Congresswoman Dina Titus of Nevada. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A royal carriage ride followed by an F-35 flyover greeted US President Donald Trump at Windsor Castle on Wednesday, during a historic state visit that’s set against the backdrop of heightened global and domestic tensions.The president and First Lady Melania Trump arrived by Marine One in the early afternoon to be met by King Charles III, Queen Camilla, Prince William and Princess Catherine with a royal salute. The group was quickly swept into horse-drawn carriages for a procession along a color guard-lined route to the castle.The gilded Irish Stage Coach that the king and Trump rode in is customarily rolled out for the State Opening of Parliament and was also used for the late Queen Elizabeth II’s wedding, underscoring the scope of the British charm offensive. The first lady, wearing a distinctive wide-brimmed hat in maroon, followed with the queen in a second coach.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Chief Political Correspondent Annmarie Hordern. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Firehouse Strategies Partner Alex Conant. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.House Republicans unveiled a stopgap spending bill to keep the US government open past an Oct. 1 shutdown deadline, daring Democrats to vote against the measure, which does not contain health-care policies they have demanded.The short-term legislation would keep agencies operating through Nov. 21 and provide new funding for lawmaker, judicial and administration official security in the wake of the assassination of conservative activist Charlie Kirk last week.It would need the votes of at least seven Senate Democrats to meet a 60-vote threshold to overcome procedural obstacles.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Correspondent Lizzy Burden. Republican Congressman Mike Haridopolos of Florida. S-3 Group Partner and Republican Strategist Ashley Davis. Groundwork Collaborative Senior Strategic Advisor Kitty Richards. 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 speak with Chinese leader Xi Jinping on Friday as US and Chinese officials reached a framework deal on keeping the TikTok app running in the US.It would be the first direct engagement between Trump and Xi since June.“I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!,” Trump said in a post on social media Monday. Referring to a meeting of top officials between the two nations in Madrid, Trump also said that the session “has gone VERY WELL!”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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Washington Correspondent Tyler Kendall and Bloomberg Senior Editor for Technology and Strategic Industries Michael Shepard. Center for Strategic and International Studies Senior Fellow Henrietta Levin. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Ascendiun President and CEO Paul Markovich. See omnystudio.com/listener for privacy information.

The Bloomberg Intelligence Financial Washington Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.    The call is open to all and is held every Monday at 10:00 a.m. EST.    You can register for the call here: 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.The man accused of killing of conservative activist Charlie Kirk— identified as Tyler Robinson — was arrested on suspicion of murder and weapons offenses.Robinson is being held in county jail in Utah without bail, according to court documents. He was arrested by law enforcement, after a family member alerted authorities that he had confessed, or at least implied involvement, in the killing, Utah Governor Spencer Cox said Friday. No formal charges have been filed against Robinson, but authorities in Utah said they intend to file them early next week. 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 National Security Reporter Myles Miller. Former US Diplomat Mara Rudman. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former RNC Communications Director Lisa Camooso Miller. Democratic Congressman Glenn Ivey of Maryland. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Federal investigators have recovered what they believe is the rifle used to kill conservative activist Charlie Kirk during a campus event in Utah and released photos of a person of interest in the slaying, as the manhunt for the shooter entered its second day.The FBI on Thursday released two surveillance photos of an individual in sunglasses and a cap and asked for the public’s help in identifying the person, the agency’s Salt Lake City field office said in a post on X. The agency also offered a reward of up to $100,000 for information relating to the killing. 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: FIL CEO Frank Luntz. Republican Congressman Bryan Steil of Wisconsin. Democratic Congresswoman Haley Stevens of Michigan. Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Policy Director Greta Joynes. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.New York Governor Kathy Hochul said she’s a “staunch capitalist” opposed to higher taxes and would work to ensure New York remains attractive to businesses if democratic socialist Zohran Mamdani is elected mayor of New York City.  Businesses need to know “that the city of New York, as powerful and mighty as it is, is still a subdivision of the state, so any tax increase has to come across my desk first,” Hochul said Wednesday in an interview with Bloomberg TV.Mamdani, a member of the state assembly, has said he’ll push for an increase in the state’s corporate tax rate and a new tax on millionaires to pay for an ambitious policy agenda including free bus service and universal childcare.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Siena University's Siena Research Institute Director Don Levy. Stonecourt Capital Partner Rick Davis and Democratic Governors Association External Affairs Director Ofirah Yheskel. Beacon Global Strategies Managing Director Michael Allen. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Washington Correspondent Tyler Kendall. Republican Senator Roger Marshall of Kansas. Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.French Prime Minister Francois Bayrou lost a confidence motion in parliament, forcing a third change in government in just over a year and reviving uncertainty over how the country can tackle its mounting debt burden. Parties across the political spectrum in France’s lower house joined forces Monday to overwhelmingly issue the rebuke to Bayrou, who called the motion in a failed attempt to rally support for his unpopular budget reforms. Just 194 lawmakers voted in support of the prime minister and 364 voted against.   President Emmanuel Macron will accept Bayrou’s resignation on Tuesday and name a new premier in the coming days, according to a statement from the president’s office. The new government will still have to find a way to pass a budget, an exercise that has now toppled the last two prime ministers.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Europe Correspondent Oliver Crook. George Washington University French Studies Professor Kathryn Kleppinger. Bloomberg Radio DayBreak Europe Host Stephen Carroll. Democratic Congressman Mark Takano of California. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

The Bloomberg Intelligence Financial Washington Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.    The call is open to all and is held every Monday at 10:00 a.m. EST.    You can register for the call here: 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.Disappointing employment data released Friday validated fears that the US labor market may be on the brink of a downturn and lifted expectations for how much the Federal Reserve will lower interest rates this year.Investors are now fully pricing in a quarter-point rate cut at the Fed’s Sept. 16-17 policy gathering. They also pushed closer to anticipating a total of three rate cuts this year, according to futures contracts. Some Fed watchers said the weak jobs data could spur officials to consider a larger-than-typical half-point this month, though inflation data due next week could temper those expectations.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 Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Economics Chief US Economist Anna Wong. House Ways and Means Committee Chairman Jason Smith (R-MO). Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Bloomberg International Economics and Policy Correspondent Michael McKee and Chicago Fed President Austan Goolsbee. See omnystudio.com/listener for privacy information.

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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg International Policy and Economics Correspondent Michael McKee. New Century Advisors Chief Economist Claudia Sahm. Bloomberg Health Reporter Jessica Nix. Chair and Professor at Rutgers University's Department of Urban-Global Public Health Leslie Kantor. Circa Sports CEO Derek Stevens.  See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump took aim at Chinese leader Xi Jinping as he hosted foreign leaders at a major military parade in Beijing, a reminder of the lingering tensions between the two sides over trade, tech and other issues.“Please give my warmest regards to Vladimir Putin, and Kim Jong Un, as you conspire against The United States of America,” Trump said on his Truth Social site, referring to the leaders of Russia and North Korea, without elaborating.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: Laura Davison, Bloomberg Washington Deputy Bureau Chief and Nick Wadhams, Bloomberg National Security Team Lead Jane Harman, Chair of the National Defense Strategy Commission/Former-Ranking Member of House Intelligence Committee 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 See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Xi Jinping used a mix of bonhomie and economic allure this week to send Donald Trump a clear message: Beijing has too much global clout to be dictated by the US.Cameras captured the Chinese leader in a rare, unscripted huddle on Monday with Vladimir Putin and Narendra Modi — his most powerful partners in resisting America on the world stage — at a summit in the Chinese port city of Tianjin. At one point, Xi held the hand of his Indian counterpart, as the three men laughed casually, a striking scene given just months earlier New Delhi and Beijing were seen as rivals.The images were a victory for Xi’s decade-long political project to build an alternative to the US-led world order. Hours after the trio gathered at the Shanghai Cooperation Organization event, Beijing signed a major gas pipeline deal with Moscow — rebuking Trump’s efforts to use tariffs to prise India and China away from Russian energy purchases.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 Economics Senior Geoeconomics Analyst for Asia-Pacific Adam Farrar. Bloomberg Markets Live Managing Editor Kristine Aquino. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Former Republican Congressman and former Acting White House Chief of Staff Mick Mulvaney. See omnystudio.com/listener for privacy information.

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. Federal Reserve Governor Lisa Cook’s lawyers suggested that an unintentional “clerical error” may have been behind the mortgage dispute over which President Donald Trump wants her fired. Cook sued Thursday to block Trump’s “illegal attempt,” saying he’s using a phony pretext that doesn’t amount to sufficient “cause” to remove her from the US central bank. In court papers, her lawyers laid out for the first time a potential defense to allegations that she fraudulently listed homes in Michigan and Georgia as a “primary residence” when she obtained mortgages in 2021.On this edition, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg International Economic and Policy Correspondent Michael McKee. Yale Budget Lab Co-Founder and President Natasha Sarin. Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Stonecourt Capital Partner Rick Davis. Former Republican Congressman and Bloomberg Contributor Patrick McHenry. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.White House trade adviser Peter Navarro cranked up pressure on India to halt its purchases of Russian oil, repeating accusations that New Delhi is funding the Kremlin’s campaign in Ukraine and casting the conflict as “Modi’s war”.Speaking immediately after the Trump administration doubled tariffs on India to 50% — an effort to secure concessions on trade, while also pressuring Russia — Navarro reiterated that Prime Minister Narendra Modi was funding “the war machine.”“I mean Modi’s war, because the road to peace runs, in part, through New Delhi,” Navarro said Wednesday on Bloomberg Television’s Balance of Power.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 White House and National Security Editor Michelle Jamrisko. Bloomberg Washington Correspondent Tyler Kendall. Bloomberg International Economic and Policy Correspondent Michael McKee. Former US Deputy Attorney General Donald Ayer. Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and former RNC Communications Director Lisa Camooso Miller. See omnystudio.com/listener for privacy information.