Trump Names Stephen Miran to Fill Seat on Fed Board | Balance of Power: Late Edition 8/07/2025

From Bloomberg Markets and Finance.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Former US Ambassador to Ukraine, William Taylor, shares his thoughts on talks of President Trump and Russian President Vladimir Putin planning an in person meeting. Daniel Tannebaum, Partner at Oliver Wyman, talks about the impact of President Trump’s tariffs. Stew Leonard Jr., Stew Leonard’s CEO, discusses President Trump’s tariff policy and whether or not the President’s claim that grocery prices are dropping is true.

Chapters:
00:00:00 – Late Edition of Balance Power Begins
00:02:21 – Michael McKee on Pres. Trump Names Stephen Miran to Fill in Seat on Fed Board, What to Understand About Miran on Fed Board
00:05:37 – Jennifer Welch on Trump Tariffs Going Into Effect, Talks of Trump-Putin Meeting
00:07:56 – Former US Ambassador to Ukraine, William Taylor, Discusses Possible Impact of Pres. Trump Pres. Putin Meeting
00:15:24 – Power Moves: Scarlet Fu on Markets Reaction to Tariff Rates Going Into Effect, S&P 500 Rally Fades Near All-Time Highs
00:17:59 – Daniel Tannebaum, Partner at Oliver Wyman, on the Impact of Trump’s Tariff Rates Going Into Effect
00:24:47 – Ian King on Why Pres. Trump is Urging Intel CEO to Resign Immediately, Impact of Trump’s 100% Tariff on Semiconductors
00:28:57 – Stew Leonard Jr., CEO of Stew Leonard’s, Discusses Impact of Tariffs on Groceries, Supply & Cost
00:38:17 – Myles Miller on FBI to Assist in Locating Texas Democrats
00:40:40 – Political Panel Reacts to FBI to Assist in Locating Texas Dems, Pres. Trump Calls For New Census, Impact of Tariffs & Tariff Uncertainty
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