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US Adds Carrier and 10,000 Troops to Mideast: Official

2 weeks 1 day ago
The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, according to a US official, a move that gives American commanders more options if President Donald Trump chooses to escalate attacks on Iran. (Source: Bloomberg)

Trump’s Grip on GOP Slips as Midterm Worry Sets In

2 weeks 1 day ago
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, says a US diesel export ban would be a “bad idea” because it could eventually force refiners to cut production and raise gasoline prices. Bale Dalton, US Navy Reserve Captain, Democratic Nominee for Florida's 7th Congressional and former NASA Chief of Staff, says the war with Iran has become a “forever war” with no strategic value or defined end state. Travis Hill, FDIC chairman, says the agency is not ruling out risks from AI tools that could allow customers to move deposits more quickly in search of higher returns, though he says such a scenario would require a significant shift in how customers delegate financial decisions. (Source: Bloomberg)

US May Send Third Carrier Strike Group to Middle East

2 weeks 1 day ago
The Pentagon may send a third aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, within striking distance of Iran. The USS Theodore Roosevelt has left San Diego, but we don't know its final destination. Kate Sullivan reports from the White House on "Balance of Power." (Source: Bloomberg)

There Is No End Game in Iran, Dalton Says

2 weeks 1 day ago
Bale Dalton, a Democratic congressional candidate from Florida, says sending the USS Theodore Roosevelt toward the Middle East, will only deepen the conflict with Iran. He speaks on "Balance of Power." (Source: Bloomberg)

Hill Says FDIC Won’t Rule Out Agentic AI Bank-Run Risk

2 weeks 1 day ago
Travis Hill, FDIC chairman, says the agency is not ruling out risks from AI tools that could allow customers to move deposits more quickly in search of higher returns, though he says such a scenario would require a significant shift in how customers delegate financial decisions. Hill also says there is a “strong case” for expanding deposit insurance coverage, either by raising the current limit or creating a category of accounts with higher coverage. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Dalton: We’ve Gotten Ourselves Into a Forever War

2 weeks 1 day ago
Bale Dalton, US Navy Reserve Captain, Democratic Nominee for Florida's 7th Congressional and former NASA Chief of Staff, says the war with Iran has become a “forever war” with no strategic value or defined end state. Dalton says deploying a third aircraft carrier strike group to the Middle East puts more US service members in harm’s way and argues the conflict is making the country more vulnerable. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Brouillette Says Diesel Export Ban Would Be a Bad Idea

2 weeks 1 day ago
Dan Brouillette, Former Secretary of Energy during the first Trump administration and Co-chair of the Torridon Group, says a US diesel export ban would be a “bad idea” because it could eventually force refiners to cut production and raise gasoline prices. Brouillette says reopening the Strait of Hormuz is the most important near-term step to bringing fuel prices down and argues markets need confidence that it will remain open. Brouillette thinks constrained US refining capacity is contributing to diesel scarcity and remains a longer-term infrastructure problem. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)
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19 minutes 56 seconds ago
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