On the early edition of Balance of Power, Bloomberg’s Kailey Leinz and Michael Shepard discuss President Donald Trump’s latest comments about Fed Chair Jerome Powell. On today’s show, House Ways and Means Committee Chairman Jason Smith of Missouri, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency and Congress Senior Democracy Fellow Jeanne Sheehan Zaino and Former Republican Congressman Patrick McHenry.
Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:04:52 – Megan Scully Outlines House Taking up Crypto Bills This Week, Hardliners Feeling ‘Jammed’ by Senate
00:09:50 – Rep. Jason Smith (R-MO) Talks Crypto Week Developments in House, Tariff Revenue, and Powell’s Job Security
00:20:57 – Bloomberg Political Panel Breaks Down Trump’s Comments on ‘Terrible’ Fed Chair Powell, Political Implications of President’s Agenda
00:27:46 – Annmarie Hordern on Trump’s Powell Criticisms, Knocks Back Reports Fed Chair Firing Imminent
00:31:22 – Mike McKee on Impacts of Tariffs on Goods inflation, Market Reactions to Powell Situation
00:36:21 – Fmr. Rep. Patrick McHenry on Trump’s Control Over Republican Party
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