"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Jane Harman, Chair of the Commission on National Defense Strategy, weighs in on reports saying the White House is starting the search for a new Defense Secretary after additional reports state Pete Hegseth used a second unsecured Signal chat to discuss military attack plans. Mark Zandi, Moody’s Analytics Chief Economist, discusses President Trump’s continued criticism of Federal Reserve Chair Jerome Powell and whether or not the President’s criticism of Powell is to portray the Chairman as a scapegoat if the economy slows down.
Chapters:
00:00:00 – Balance of Power Begins
00:01:33 – Bloomberg’s Kate Davidson on Pres. Trump Rips Powell on Rates Caution, Why Powell Can’t Lower Rates
00:03:51 – Bloomberg’s Scarlet Fu on Stocks, Bonds, & Dollars Sell Off As Trump Jabs Powell
00:06:58 – Bloomberg’s Nick Wadhams on US Secretary Defense Hegseth’s Future in Trump Admin., Dissatisfaction in Pentagon
00:09:17 – Remembering Pope Francis
00:11:06 – Jane Harman, Chair of the Commission on National Strategy, on Hegseth Details Military Plans in Second Signal Chat, Future of Hegseth in Trump Admin.
00:20:21 – Bloomberg’s Max Chafkin on Russell Vought’s Influence on the Trump Agenda
00:23:49 – Political Panel Reaction to Hegseth Shared Attack Details in Signal Chat, Top Hegseth Aide Leaves Position, Four Dems. Lawmakers Visit El Salvador
00:35:48 – Mark Zandi, Moody’s Analytics Chief Economist, on Pres. Trump & Fed Chair Powell Conflict, Powell’s Priority is Inflation, Trump Tariffs
00:44:15 – Washington Lookahead: World Economic Chiefs in Washington
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