From Bloomberg Markets and Finance.

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Representative Bryan Steil (R-WI) says while he hopes to see lower interest rates in the near future, the Fed must remain "data-driven, not politically-driven" in its decision making. Javier Garcia, CEO of World Central Kitchen, discusses the humanitarian impact of the conflict in the Middle East, saying he hopes to provide meals in Iran “if we can.” Senator Kirsten Gillibrand (D-NY) expresses optimism about the path forward for the CLARITY Act in Congress.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:02:44 – Michelle Jamrisko on Operation Epic Fury Is Over, Pres. Trump Told Congress US is Onto Negotiations With Iran
00:05:20 – Rep. Bryan Steil (R-WI) Talks Crypto, Prediction Markets, Federal Reserve, & Strait of Hormuz
00:13:30 – Power Moves: AMD 2Q Revenue Forecast Beats Estimates, SMCI Sees 4Q Net Sales $11.0B to $12.5B, Est. $11.16B
00:18:24 – Javier Garcia, World Central Kitchen CEO, on Whether or Not World Central Kitchen Will Be In Iran, Talks About What is Happening in Gaza
00:25:05 – Sen. Kirsten Gillibrand (D-NY) on CLARITY Act Timeline, AI Regulation, Outlook for Democrats in 2026 Midterms
00:36:51 – Steven Mnuchin, Fmr. US Treasury Secretary in Trump’s First Term, on SEC Unveils Proposal to Allow For Semiannual Reporting
00:40:25 – Political Panel React to Latest With US & Iran, Americans Reaction to Impact of War, JD Vance in Iowa, Texas Senate Race
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