From Bloomberg Markets and Finance.
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Wally Adeyemo, former US Deputy Treasury Secretary under the Biden Administration, discusses how President Trump’s pressure campaign to get Federal Reserve Governor Lisa Cook to resign attacks the Fed’s independence. Danielle DiMartino Booth, QI Research CEO & Chief Strategist, on what to expect to hear from Federal Reserve Chairman Powell’s speech at Jackson Hole. Leon Panetta, Former US Secretary of Defense, on what security guarantees the US and Europe should give to Ukraine. Databank CEO, Raul Martynek, on can the US energy grid support the demand from AI, and Rob Bonta (D) California Attorney General talks about California joining the growing redistricting war.
Chapters:
00:00:00 – Late Edition of Balance Power Begins
00:02:04 – Kate Sullivan on What We Know About Allegations Pres. Trump is Pushing On Fed. Governor Lisa Cook
00:03:14 – Michael McKee on How Pres. Trump’s Pressure on Fed. Gov. Cook is Likely to Play Out
00:04:56 – Wally Adeyemo, Fmr. US Deputy Treasury Secretary, on Economic Effects of Lisa Cook Pressure, Trump Tariffs, Trump Weighing Equity Stake in Intel
00:14:21 – Danielle DiMartino Booth, QI Research CEO & Chief Strategist, on What to Expect From Jerome Powell’s Jackson Hole Speech
00:19:21 – Leon Panetta, Fmr. US Secretary of Defense, on What Security Guarantees From Europe & US Need to be for Ukraine Safety, Putin & Trilateral Meeting
00:26:45 – AI’s Rising Power Demands on Data Centers
00:31:27 – Breaking News: Federal Reserve Gov. Lisa Cook Issues a Statement Following President Trump’s Allegations
00:32:07 – Josh Saul on The Impact of White House’s Push to Ease Data Center Regulations, A Month Since Pres. Trump Unveiled AI Action Plan
00:33:51 – Raul Martynek, Databank CEO, on Can US Energy Grid Support AI Demand, Energy Price Burden on US Consumers
00:40:17 – Michael McKee Discusses Federal Reserve Gov. Lisa Cook Statement, Will Gov. Cook Be at Jackson Hole, Will This Cloud Meeting
00:44:25 – Rob Bonta (D) California Attorney General on California Redistricting Map Efforts, Concerns President Might Send National Guard to California
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