"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Senator Ted Cruz (R-TX) discusses how President Trump’s tariff policy will help Texas and shares his thoughts on Texas state legislators seeking to redraw congressional districts. Rep. Suzan DelBene (D) Washington shares her thoughts on Texas Republicans unveiling their first proposal to deliver five new GOP seats ahead of the 2026 midterm elections. Daniel Hornung, MIT Senior Fellow & Former Deputy Director for the National Economic Council under the Biden Administration, shares his thoughts on what to expect once Trump’s tariffs go into effect on Friday, August 1.
Chapters:
00:00:00 – Late Edition of Balance Power Begins
00:01:39 – Skylar Woodhouse on When to Expect Pres. Trump to Sign Tariff Related Executive Orders, Could Other Countries Get Extensions
00:05:11 – Bloomberg Power Moves: Romaine Bostick on Stock Rally Sputters as Trump Presses Big Pharma
00:07:09 – Sen. Ted Cruz (R-TX) on How Tariff Policy Will Impact Texas, Trump Savings Account, Texas Map Redistricting
00:18:51 – Rep. Suzan DelBene (D-WA) Slams Texas Map Redistricting, Where Dems. Are Looking to Redistrict, Potential Govt. Shutdown in the Fall
00:24:54 – Bloomberg Power Moves: Ed Ludlow on Apple Earnings & Tariff Impact, Amazon’s AWS Disappoints
00:27:52 – Laura Curtis on How Are Importers Looking at Pres. Trump’s Tariff Deadline, Do Importers Need More Information
00:29:18 – Daniel Hornung, MIT Senior Fellow, on What to Expect From Trump Tariff Policy Friday, Tariff Rates, Fed & Interest Rates, Tariffs & Labor Market
00:38:24 – Bloomberg Power Brief: Top Stories Watching Tonight
00:40:04 – Political Panel Reaction to Pres. Trump Extends Mexico Tariff Deal for 90 Days, Trump Presses Big Pharma
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