Balance of Power

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. President Donald Trump said Iran has agreed to suspend its nuclear program indefinitely, fueling optimism that a deal to end their war is in reach after Tehran announced the Strait of Hormuz was open again. In a Friday phone interview, Trump asserted that any moratorium on Iran’s nuclear activities would not expire, saying it would be “unlimited.” Talks over a lasting agreement will “probably” be held this weekend, the president said. “Most of the main points are finalized. It’ll go pretty quickly,” Trump said. He also denied that the US would release any frozen funds to Iran — a key demand of the regime that he and his supporters have long decried. Details of any potential deal remained murky and Iran has yet to comment on Trump’s claim, which is virtually certain to go against its longstanding insistence that it has the right to enrich uranium. On this edition, Joe and Kailey speak with: Tyler Kendall, Bloomberg Washington correspondent Natasha Hall, associate fellow at Chatham House Kate Sullivan, Bloomberg White House correspondent Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor & Lester Munson, Principal of the International Practice at BGR Group and Republican Strategist Bob McNally, Founder and President of the Rapidan Energy Group/Former-Special Assistant and Senior Director for International Energy on the National Security Council under President George W. Bush

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Republican Senator Ted Budd of North Carolina. Bloomberg Washington Correspondent Tyler Kendall. Bellwether Government Affairs CEO Arshi Siddiqui and Brownstein Hyatt Farber Schreck Partner Rosemary Becchi. Democratic Senator Catherine Cortez Masto of Nevada.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Washington Correspondent Tyler Kendall. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former IRS Commissioner Danny Werfel. Bloomberg Television Markets Correspondent Norah Mulinda. Arbroath Group Managing Partner Christopher Smart.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Washington Correspondent Tyler Kendall. Former West Virginia Senator Joe Manchin. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Television Markets Correspondent Norah Mulinda. European Commissioner for Economy and Productivity Valdis Dombrovskis.

A review of Congressional plans for 2026 -- including funding the Department of Homeland Security, anticipated war powers resolutions tied to the Iranian conflict and defense spending outlooks -- led Bloomberg Intelligence's April 13 version of the Washington Policy Pulse. A reconciliation bill focused on specific funds for the DHS doesn't have much market impact, in our view, but debates over crypto, housing, and farming will continue throughout 2026. We also provided an update on Kevin Warsh's nomination hearing at the Senate Banking Committee and why a recent delay shouldn't be much of a concern. The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC. The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Bloomberg Washington Correspondent Tyler Kendall. American Enterprise Institute Nonresident Senior Fellow Heather Conley. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. CIBC Private Wealth Managing Director Rebecca Babin.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Bloomberg Washington Correspondent Tyler Kendall. Republican Congresswoman Nicole Malliotakis of New York. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Friday Reporter Public Affairs Founder Lisa Camooso Miller. Former Acting White House Chief of Staff Mick Mulvaney. Bloomberg Europe Correspondent Oliver Crook.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Bloomberg Washington Correspondent Tyler Kendall. Chatham House Associate Fellow Natasha Hall. Stonecourt Capital Partner Rick Davis and Maywood Strategies Founder Doug Farrar. Bloomberg News US Stocks Reporter Alexandra Semenova. Kpler Head of Policy and Geopolitical Risk Michelle Brouhard.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Bloomberg Washington Correspondent Tyler Kendall. Former US Central Command Commander Gen. Frank McKenzie (Ret.). Bloomberg News Senior Strategist Edward Harrison. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone. Stonecourt Capital Partner Rick Davis and Rebelle Communications CEO Laura Fink.

The US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. President Donald Trump announced the agreement Tuesday on social media hours after Pakistan, a mediator in talks, implored the US leader to back off his deadline to unleash massive devastation on Iran if it did not meet his demands. The deal buys time for the two sides to reach a longer agreement to end the six-week-old war, which has killed thousands of people and sparked a global energy crisis. Trump said he had agreed “to suspend the bombing and attack of Iran for a period of two weeks” as long as Iran agrees to “the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.” For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with: Bloomberg State Department and Foreign Policy Reporter Eric Martin Bloomberg This Weekend co-host Christina Ruffini Bloomberg White House and Washington correspondent Jeff Mason Terry Haines, founder of Pangea Policy Daniel Byman, Director of the Warfare, Irregular Threats, and Terrorism Program at the Center

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Cohen Group Senior Advisor Jen Gavito. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congressman Suhas Subramanyam of Virginia.

A review of President Donald Trump's fiscal year 2027 budget request -- and the implications for the defense sector given the White House's $1.5 trillion ask for national security -- led Bloomberg Intelligence's April 6 version of the Washington Policy Pulse. While White House budget requests are never fully implemented by Congress, Trump's goal of $350 billion in additional funding for the Iranian conflict could come during another round of reconciliation. We also dove into the latest on efforts to re-open the Department of Homeland Security and previewed the funding fights for the rest of 2026. The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC. The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg Intelligence Senior US Policy Analyst Nathan Dean. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Washington Correspondent Tyler Kendall. Stonecourt Capital Partner Rick Davis and Third Way Executive Vice President Matt Bennett. Bloomberg White House and Washington Correspondent Jeff Mason. Constitutional Lawyer Robert McWhirter. Groundwork Collaborative Managing Director Liz Pancotti.

President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term. Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons. “Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.” The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control. For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg White House Correspondent Courtney Subramanian. Former US Ambassador to NATO Ivo Daalder. Bloomberg Wall Street Week Host David Westin. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg Congressional Correspondent Erik Wasson. Republican Congressman Troy Downing of Montana.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Europe Correspondent Oliver Crook. Republican Senator Ted Budd of North Carolina. Democratic Congresswoman Suzan DelBene of Washington, Chairwoman of the Democratic Congressional Campaign Committee. Stonecourt Capital Partner Rick Davis and Rebelle Communications CEO Laura Fink. Former White House National Security Communications Advisor Rear Admiral John Kirby (Ret.).

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg Economics Senior Geoeconomics Analyst Adam Farrar. Republican Congressman Marlin Stutzman of Indiana. Stonecourt Capital Partner Rick Davis and Bellwether Government Affairs CEO Arshi Siddiqui. Bloomberg Markets Live Managing Editor Kristine Aquino. Center for Strategic and International Studies Middle East Program Director Mona Yacoubian.

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe speaks with: Bloomberg White House and National Security Editor Michelle Jamrisko. Atlantic Council Fellow and former US Ambassador Daniel Fried. Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Third Way Executive Vice President Jim Kessler.

An update of reports that the US and Iran are engaged in indirect negotiations over the conflict -- as well as the outlook for a potential $200 billion supplemental defense package -- led Bloomberg Intelligence's Washington Policy Pulse on March 23. While a defense package would benefit contractors like Lockheed Martin, we expect Congress to slow walk any ask. We also discussed forthcoming legislation seeking to ban prediction markets, as well as the Fed's recent Basel III endgame rule, which we expect will lower capital requirements for banks like JPMorgan and Bank of America. Finally, we reviewed the White House's policy framework on artificial intelligence. The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC. The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration