“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Jared Bernstein, Former Chair of the White House Council of Economic Advisers, weighs in on President Donald Trump’s continued criticism of Federal Reserve Chair Jerome Powell and whether or not the President has the ability to fire Powell. Sandi Bragar, Aspirtiant Chief Client Officer & Partner talks market volatility will continue as tariff uncertainty persist. Annaluisa Padilla, American Immigration Lawyers Association Former President states the Trump Administration is pushing the limit on what the Executive branch can do when discussing the Kilmar Abrego Garcia case.
Chapters:
00:00:00 – Balance of Power Begins
00:02:35 – Bloomberg’s Wendy Benjaminson on Pres. Trump Hosting Italian PM Meloni, What to Make Of Trump Meloni Meeting for EU
00:04:52 – Bloomberg’s Michael Shepard on Pres. Trump Stating a TikTok Deal Will Be Good For China, Will There Be a Sale of TikTok
00:07:37 – Bloomberg’s Michael McKee on Pres. Trump Wanting to Force Federal Reserve Chair Jerome Powell
00:10:33 – Jared Bernstein, Fmr. Chair of White House Council of Economic Advisers, on Trump’s Dislike For Jerome Powell, Fed Independence At Risk
00:17:59 – Sandi Bragar, Aspiriant Chief Client Officer & Partner, on S&P 500 Falling 1.5% This Week, Tariff Uncertainty Keeping Market Volatile
00:23:42 – Bloomberg’s David Voreacos, on SCOTUS to Hear Birthright Citizenship Case
00:26:35 – Annalusia Padilla, Fmr. Pres. of the American Immigration Lawyers Association, on Sen. Denied El Salvador Prison Visit, Trump Pushing Limit on Power
00:36:03 – Political Panel on President Trump’s Ongoing Criticism Of Fed Chair Powell, Could Trump Fire Powell, Risk of Fed Independence, Trump & Meloni Meeting
00:44:24 – Washington Lookahead: US & Iran Set for More Talks in Rome This Weekend Over Nuclear Programs
——–
More on Bloomberg Television and Markets
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35 Comments
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Meloni cannot negotiate on tariffs for Italy, this mandate is with the EU. She is an emissary, the EU does not want a Merkel or Selenskiy event with von der Leyen. Contrary to the US the EU politicians have to consider the best outcome for its citizens.
Bloomberg idiocracy in a video.
False. Non citizens do not have the same rights to due process! I agree with the general case on bringing him back simply because he has a family here of citizens. But not because of his constitutional rights. He has none.
The window of a car is allowed to be broken if the people in the car refuse to roll it down or step out of the car! What world do you live in? If an officer pulls you over you think you can just sit there without addressing it?
BTW, Robb Watters is an idiot and koolaid drinker.
No adults in the whitehouse
Trump like tariff actually who is paying ? China gov or USA importer or public ? I am an importer when i import from other country I need to pay and later I need to add and to public. I wish everyone win win please make good deal Mr president
If tik tok band in USA guess how many USA small business will finish it’s not like India band very early not use to. USA small business already setup.
Meloni had a talk with von der leyen before she went to meet Trump. Do americans really know nothing about anything? They all seem to live in a bubble. Maybe that's the fentanol.
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