Latest news with #BalanceofPower:LateEdition
Bloomberg
2 days ago
- Business
- Bloomberg
US, China Agree to Tariff Truce Extension
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Senator Elizabeth Warren, a Massachusetts Democrat, says President Donald Trump's tariffs are to blame for higher interest rates and comments on the Senate's "ROAD to Housing Act." Evelyn Farkas, Executive Director of Arizona State University's McCain Institute, discusses why Russian President Vladimir Putin doesn't take President Trump's Ukraine ceasefire threat seriously. (Source: Bloomberg)
Bloomberg
7 days ago
- Business
- Bloomberg
Trump Takes Powell Rift to Fed's Headquarters
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Wendy Edelberg, Brookings Institution Economic Studies Senior Fellow, shares her thoughts on President Trump and Federal Reserve Chair Jerome Powell touring the Federal Reserve building renovations. Rep. Debbie Wasserman Schultz (D-FL) discusses Congress facing a September 30 budget deadline and whether or not she'd be in favor of Democrats potentially shutting down the government. Rep. Bryan Steil (R-WI) discusses releasing the Epstein files, talks of a second rescissions package, and President Trump's visit to the Federal Reserve building. (Source: Bloomberg)
Bloomberg
15-05-2025
- Business
- Bloomberg
SALT Caucus Holds Out on Tax Bill Support
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Blake Moore (R) Utah discusses the US House Ways and Means Committee passing its tax bill along party lines without resolving the SALT cap. Jen Gavito, The Cohen Group Senior Advisor, talks about the significance of President Trump meeting with Syrian Leader Ahmed Al-Sharaa in Saudi Arabia. Rohit Kumar, PWC Washington National Tax Officer Principal & Co-Leaders shares whether or not the SALT Cap will make or break Trump's tax bill. Representative Nick LaLota (R) New York discusses how the tax cuts members of the House want in the tax bill will not be extended if the tax cap of SALT is not raised. (Source: Bloomberg)
Bloomberg
06-05-2025
- Business
- Bloomberg
Key Tax Bill Markups Pushed to Next Week
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Brendan Boyle (D) Pennsylvania weighs in on what the Democratic strategy is as House Republican's work on the tax bill. Rep. Bryon Donalds (R) Florida shares his thoughts on the current progress of the GOP Tax Bill stating the process is going at a "deliberative pace." Eric Pan, Investment Company Institute President & CEO, on the impact of President Trump's tariff impact on investments. (Source: Bloomberg)
Bloomberg
03-05-2025
- Business
- Bloomberg
China Hints at Tariff Talks With US
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Mallory McMorrow, Democratic Michigan State Senator and candidate for US Senate discusses the closely watched Michigan Senate race. Rep. Mike Flood (R) Nebraska talks about the progress Congress is doing to prepare for the reconciliation package and states that July 4th is a "more reasonable deadline." Daniel Hornung, Former Deputy Director for the National Economic Council during the Biden Administration, discusses whether the current economy is President Trump's or still President Biden's as US payroll growth tops forecasts. (Source: Bloomberg)
