"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Bill Pulte, Federal Housing Finance Agency Director discusses whether or not he wrote a draft letter to President Trump about firing Federal Reserve Chair Jerome Powell. Senator Elizabeth Warren (D-MA) says Federal Reserve Chair Jerome Powell’s successor needs to be independent and not from President Donald Trump’s administration. Rep. Raja Krishnamoorthi (D-IL) shares his concerns on Nvidia being able to sell their H20 chips in China stating it’s inconsistent with the Trump Administration.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:15 – Annmarie Hordern on Pres. Trump & Powell Latest, Trump Denying Plans to Fire Fed Chair Powell
00:04:12 – Romaine Bostick on Stocks Climb as Trump Denies Plan to Fire Powell
00:05:44 – Bill Pulte, Dir. of Fed. Housing Finance Agency, on Whether or Not He Wrote Letter to Trump About Firing Powell, Why Powell Should Resign
00:15:10 – Erik Wasson on Crypto Week in Limbo With House GOP Members, Senate Braces for Rescissions Vote-A-Rama
00:18:30 – Sen. Elizabeth Warren (D-MA) on Next Fed Chair Needs to be Independent & Outside Trump Admin., Crypto Legislation Stalls & Rescissions Vote-A-Rama
00:28:02 – Michael McKee on Legally Can President Trump Fire Jerome Powell, Would This Effect Monetary Policy
00:31:58 – Michael Shepard on Pres. Trump Softens Tone on China to Secure Trade Deal
00:33:52 – Rep. Raja Krishnamoorthi (D-IL) on Nvidia Selling Chips to China, National Security Risks, Crypto Week Stalls
00:41:12 – Bloomberg’s Power Brief: Top Stories Watching Tonight
00:42:54 – Political Panel Reaction to Pres. Trump Denies Plan to Fire Powell, Crypto Legislation Stalls in House, Rescission Package Difficulty
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