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Democratic Lawmakers Press Bessent During Hearing | Balance of Power 02/04/2026

DeFi Daily News by DeFi Daily News
February 4, 2026
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Democratic Lawmakers Press Bessent During Hearing | Balance of Power 02/04/2026
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Senator Ted Cruz of Texas discusses the recent ICE enforcement controversies in Minneapolis and the Senate hearing on the safety of autonomous vehicles. Rep. Sean Casten (D-IL) criticizes Treasury Secretary Scott Bessent over his inconsistent statements on tariffs & inflation during the House Financial Services Committee hearing. Evelyn Farkas, Executive Director at the McCain Institute, shares her thoughts on what’s next for the US & Iran following President Trump saying Iran’s leader “should be very worried.”

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:45 – Jeff Mason on Trump Admin. Pulls 700 Agents From Minneapolis, ICE DHS Funding Deadline Latest
00:07:02 – Power Moves: Alphabet to Blow Past Expectations on AI Spending
00:09:47 – Senator Ted Cruz (R-TX) on ICE Enforcement, DHS Funding, Supporting Self-Driving Cars
00:21:10 – Rep. Sean Casten (D-IL) Criticizes Scott Bessent’s Answers During Hearing, ICE & DHS Funding Latest
00:30:06 – Michael Shepard & Eric Martin Breakdown Vice President Vance Pitches Price Floors for Key Minerals
00:35:04 – Evelyn Farkas, McCain Institute Executive Director, on What’s Next for the US & Iran, Ukraine, Trump & Xi Phone Call
00:42:43 – Power Brief: Top Stories Watching Tonight
00:44:18 – Political Panel React to The Washington Post Announces Layoffs, Trump & Kevin Warsh
——–
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Tags: AlphabetBalanceBessentCaroline HydeChinaDemocraticDHSDonald TrumpEric MartinEvelyn FarkasFederal ReserveGovernment fundinggovernment shutdownhearingice agentsIranjd vanceJoe MathieuJonae WartelJulie FinelawmakersLester MunsonMcCain Institute for International LeadershipMichael ShepardmineralsMinneapolisPowerPressRussiaScott Bessentsean castenTed CruzUkraineUnited States House Of RepresentativesUnited States SenateVladimir Putinwashington postwaymo
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