From Bloomberg Markets and Finance.
"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.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:03:44 – Kate Davidson on What to Make of President Trump Visiting Federal Reserve Building, What We Learn About Fed Renovation
00:07:04 – Wendy Edelberg, Brookings Institution Economic Studies Snr. Fellow on If Fed Visit Risks Fed’s Credibility, Future of Fed Chair
00:14:30 – Kate Sullivan on Was Fed Visit a Win for Trump Administration, Pressuring Powell to Lower Rates
00:17:52 – Bloomberg Power Brief: Top Stories Watching Tonight
00:21:17 – Romaine Bostick on Stock Market Reaction to Pres. Trump & Jerome Powell Fed Visit, Stocks Close at Record High as Alphabet Fuels AI Hopes
00:24:50 – Rep. Debbie Wasserman Schultz (D-FL) on If Dems Will Shut Down Govt., August Recess Conversations, Midterms, Releasing Epstein Files
00:34:13 – Rep. Bryan Steil (R-WI) on Releasing Epstein Files, Second Rescissions Package Talks, Pressure Campaign of Pres. Trump on Powell
00:41:59 – FCC Approves Paramount-Skydance Merger
00:42:26 – Political Panel Reaction to Impact of Trump Visiting Fed. Reserve, Congress Faces Funding Shutdown, Epstein Files Latest
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