“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Senator John Cornyn (R) Texas weighs in on calls within the government to make cuts to Medicaid. Senator Chuck Schumer (D) NY talks about the impact DOGE cuts has had on the FAA. Representative Jason Smith (R) Missouri & Representative Jodey Arrington (R) Texas talk about the timeline of the Tax Bill, the SALT cap, and trying to get all GOP lawmakers on board with possible cuts to Medicaid.
Chapters:
00:00:00 – Balance of Power Begins
00:02:25 – Bloomberg’s Laura Davison on Key Takeaways From Pres. Trump & Canadian Prime Minster Carney’s Meeting
00:04:42 – Senator John Cornyn (R) Texas on Calls to Cut Medicaid, Texas & the Southern Border, Trump Tariffs, Immigration
00:14:45 – Sen. Chuck Schumer (D) New York on FAA, Newark Airport, DOGE Cuts, Talks of Cuts to Medicaid
00:19:45 – Bloomberg’s Oliver Crook on Friedrich Merz Becomes Germany’s New Chancellor
00:21:35 – India’s Army Hits Terror Camps in Pakistan
00:23:39 – Rep. Jason Smith (R) Missouri on Progress & Timeline of GOP Tax Bill, Cuts to Medicaid, SALT Cap
00:26:59 – Rep. Jodey Arrington (R) Texas on Budget Negotiations, Progress of Tax Bill, Getting All GOP Members on Board
00:33:36 – Political Panel on US Treasury Secretary Bessent Appears Before House Oversight, X-Date Estimate, Trump & Carney Meeting
00:41:52 – Bloomberg’s Jennifer Welch Shares Context on India’s Army Hitting Terror Camps in Pakistan
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
