Balance of Power
Politikk og nyheterBloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
Siste episoder av Balance of Power podcast
- Trump Eyes Firing Thousands of Federal Workers Over Shutdown (00:42:19)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump is weighing slashing “thousands” of federal jobs ahead of a meeting with his budget director, Russell Vought, as the White House looks to ratchet up pressure on Democrats to end a government shutdown that has entered its second day.“It’s likely going to be in the thousands,” White House press secretary Karoline Leavitt told reporters on Thursday, saying that the “entire team at the White House” was working to identify possible cuts.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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Bloomberg Congressional Reporter Erik Wasson. Democratic Congressman Joe Morelle of New York. Stonecourt Capital Partner Rick Davis and Third Way Senior Fellow Caitlin Legacki. Republican Congressman Bryan Steil of Wisconsin. See omnystudio.com/listener for privacy information.
- US Government Shutdown Begins (00:44:17)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The slow-rolling government shutdown that everyone saw coming is here. What’s harder to foresee is how Republicans and Democrats get out of it quickly.Parts of the federal government were slated to begin closing down this morning after lawmakers failed to agree on a spending bill last night. Unlike in past shutdowns, each side, at least for now, sees advantages in playing this brawl out.Republicans, after taking the blame for shutdowns in 2013 and 2018, are eager to turn the tables and blame Democrats for undercutting services millions rely on. And they don’t want to give in to policy demands on what has traditionally been a bipartisan process, funding the basics to keep the lights on.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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Bloomberg Government Congress Reporter Jack Fitzpatrick. Republican Senator Ted Budd of North Carolina. Democratic Congressman Glenn Ivey of Maryland. Republican Congresswoman Lisa McClain of Michigan. Retired Two-Star Marine Corps Major General Arnold Punaro. See omnystudio.com/listener for privacy information.
- US Heads Towards Government Shutdown (00:41:41)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump threatened mass firings of federal workers as the US hurtles toward a shutdown with Democrats and Republicans at an impasse over funding the government.“We may do a lot and that’s only because of the Democrats,” Trump said in response to a question about the number of government employees who could be dismissed during a shutdown. The White House last week directed agencies to draw up plans for widespread firings if the government closed down. So far, no agencies have explicitly called for terminations in their shutdown plans. With just hours to go until a midnight deadline, the deadlock over spending threatens to paralyze many US government operations for the first time in nearly seven years, causing the suspension of services for Americans and paychecks for federal workers. As many as 750,000 federal workers could be temporarily furloughed, even if Trump doesn’t proceed with permanent dismissals, the nonpartisan Congressional Budget Office estimated.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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with: Republican Congressman Mike Lawler of New York. Bloomberg Washington Deputy Bureau Chief Laura Davison. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Democratic Congresswoman Suzan DelBene of Washington. See omnystudio.com/listener for privacy information.
- Trump Meets with Netanyahu to End Gaza War (00:29:53)
President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said they had agreed to a 20-point plan designed to end the war in Gaza, though the prospects for peace remained unclear without the direct involvement of Hamas.Trump said the framework had the support of other leaders from the Middle East and Muslim majority nations during a press conference Monday alongside Netanyahu, suggesting it could lay the ground for a broader peace in the region. Still, the proposal — which mandates Hamas have no role in the future of Gaza — must be accepted by the militant group, which would need to agree to substantial concessions. Hamas, which sparked the war with an Oct. 7, 2023, attack on Israel said ahead of the Trump-Netanyahu meeting that it had not yet seen the plan and would need to study the proposal. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall 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 News Israeli Report Dan Williams Rep. Dusty Johnson on the looming government shutdown Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zain See omnystudio.com/listener for privacy information.
- Weekly Washington Policy Pulse: September 29, 2025 (00:13:33)
A discussion of why and why not the US government will shutdown on October 1 -- and the implications for markets -- led Bloomberg Intelligence's Sept. 29 Washington Policy Pulse. We continue to note one of the most important impacts for market participants will be a potential lack of government data -- such as Bureau of Labor Statistics employment reports. We also discussed President Donald Trump's recent tariff announcements -- including a 100% tariff on films made outside the US. We have previously ascertained that such a tariff is on weak legal grounds. Finally, we discussed recent developments in the crypto space, impacting firms like Robinhood, Coinbase and Bullish. 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 D.C. 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#/registrationSee omnystudio.com/listener for privacy information.
- Former FBI Director Comey Charged Amid Trump Retribution Push (00:42:50)
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 Deputy Bureau Chief Laura Davison. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Minnesota Attorney General Keith Ellison. Non-Resident Senior Fellow with the Atlantic Council’s Eurasia Center Melinda Haring. See omnystudio.com/listener for privacy information.
- Cuomo Says NYC’s Mayoral Race Shows Democratic Party ‘Civil War’ (00:35:22)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Former Governor Andrew Cuomo blasted his rival Zohran Mamdani’s candidacy in the race for mayor of New York City as “abhorrent” and the competition as a “battle for the soul” of the Democratic party.“This is a civil war within the Democratic party where the extreme left is pulling the Democratic party and the moderates are afraid,” Cuomo said Thursday in an interview with Bloomberg TV. “The Democratic Party is not anti-business, it’s not anti-police. That’s not who we are.”Cuomo, 67, is running as an independent and is polling in second place behind Mamdani, the Democratic nominee, in a four-way race that also includes Republican nominee Curtis Sliwa and incumbent Mayor Eric Adams.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 Correspondent David Gura. Stonecourt Capital Parter Rick Davis and Democratic Governors Association External Affairs Director Ofirah Yheskel. Former New Hampshire Governor Chris Sununu, President of Airlines for America. See omnystudio.com/listener for privacy information.
- NATO Allies at Odds Over How to Respond to Russia’s Threats (00:40:26)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.NATO allies are struggling to coordinate a response to Russian airspace violations, with partners in the defense alliance openly contradicting each other.On Tuesday evening, Germany warned against the risks of shooting down Russian aircraft, while US President Donald Trump almost simultaneously showed he’s open to a more aggressive stance, backed by Poland and Baltic states. On Monday, Polish Prime Minister Donald Tusk threatened to shoot down aerial threats and stated there is “no room for discussion” about the policy.The back and forth reveals worrying divisions within the alliance as Vladimir Putin tests its resolve. A series of incidents in which Russian aircraft have crossed into the airspace of NATO allies has sparked concern along its eastern flank and beyond. 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, Bloomberg's Mario Parker fills in for Kailey. They speak with: Bloomberg National Security Team Lead Nick Wadhams. Former US Diplomat Anja Manuel. Pangaea Policy Founder Terry Haines. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. See omnystudio.com/listener for privacy information.
- Trump Blasts UN Over Immigration, Climate in Combative Speech (00:28:11)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump assailed the United Nations and other countries in a grievance-laden speech that saw him accuse the world body of offering nothing but “empty words,” label climate change a “con job” and warn that open borders are destroying them.Setting aside calls for unity, Trump began his speech to the UN General Assembly by venting his frustration that the UN hadn’t done more to support his diplomatic efforts. He faulted the organization over an escalator that broke down just as First Lady Melania Trump stepped onto it, said his teleprompter was also malfunctioning and ruminated on a two-decade-old grudge over his rejected bid to renovate the UN headquarters.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 Economics Senior Geoeconomics Analyst Adam Farrar. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Latvian President Edgars Rinkēvičs. See omnystudio.com/listener for privacy information.
- Trump’s TikTok Deal With China (00:48:26)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Oracle Corp. would provide security and help oversee the re-creation of a new US version of TikTok’s algorithm under a deal taking shape to sell the popular Chinese-owned app to a consortium of American investors, a White House official said, addressing a key concern raised by lawmakers in Washington.The arrangement, outlined by the official on Monday, seeks to ensure that the American buyers control TikTok’s recommendation software in the US following a divestiture by its Chinese parent, ByteDance Ltd. Owners of the US-based TikTok would lease a copy of the algorithm from ByteDance that would then be retrained “from the ground up” with Oracle’s oversight, according to the official.Data from US users would be stored in a secure cloud managed by Oracle with controls established to keep out foreign adversaries, including China, the official said. Beijing-based ByteDance would not have access to information on TikTok’s US subscribers, nor would it have any control over the algorithm in the US, the official said.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 Senior Editor Michael Shepard. Democratic Congressman Emanuel Cleaver of Missouri. Pennsylvania Governor Josh Shapiro. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. European Commission Executive Vice President for Clean, Just and Competitive Transition Teresa Ribera. See omnystudio.com/listener for privacy information.
- Weekly Washington Policy Pulse: September 22, 2025 (00:12:39)
The Bloomberg Intelligence Financial Washington 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 D.C. 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#/registrationSee omnystudio.com/listener for privacy information.
- Congress Lurches Toward Shutdown as Senate Democrats Block GOP Stopgap (00:43:42)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Congress moved closer to an Oct. 1 government shutdown as Senate Democrats and Republicans on Friday each blocked the other party’s rival plans to provide temporary funding.Democrats are demanding a boost to health care spending while Republicans refuse to go along and back a simple bill to keep the lights on through Nov. 21.Resolving the conflict is complicated by the Senate’s plan to take a week-long break as the Oct. 1 funding lapse nears. The Senate could return to Washington as late as Sept. 29. The House plans to stay on recess until after Oct. 1.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: House Majority Whip Rep. Tom Emmer. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Former US Deputy Assistant Secretary of Defense for Russia, Ukraine and Eurasia Laura Cooper. Ohio State University College of Arts and Sciences Alumni Associate Professor of History Hasan Kwame Jeffries. See omnystudio.com/listener for privacy information.
- Trump Wraps Up UK Visit (00:43:01)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.With golden carriages, military splendor and an opulent banquet, the UK’s royal gambit paid off this week, as President Donald Trump and Prime Minister Keir Starmer concluded an historic state visit by hailing the trans-Atlantic relationship and — at least publicly — smoothing over their policy differences. Appearing before reporters Thursday at the close of Trump’s two-day trip, the US president still seemed dazzled by the previous day’s events at Windsor Castle, calling it a “spectacular honor” and describing King Charles III and Queen Camilla as “amazing people.” It was exactly the kind of response UK officials had been hoping for, and Starmer played on the sentiment by repeatedly stressing the “unique bond” between the nations forged through historic ties that made them “first partners.”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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Chief Political Correspondent Annmarie Hordern. Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard. Stonecourt Capital Partner Rick Davis and Bellweather Government Affairs CEO Arshi Siddiqui. Bloomberg Contributor and Former Republican Congressman Patrick McHenry. Democratic Congresswoman Dina Titus of Nevada. See omnystudio.com/listener for privacy information.
- Trump Begins UK State Visit (00:26:34)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A royal carriage ride followed by an F-35 flyover greeted US President Donald Trump at Windsor Castle on Wednesday, during a historic state visit that’s set against the backdrop of heightened global and domestic tensions.The president and First Lady Melania Trump arrived by Marine One in the early afternoon to be met by King Charles III, Queen Camilla, Prince William and Princess Catherine with a royal salute. The group was quickly swept into horse-drawn carriages for a procession along a color guard-lined route to the castle.The gilded Irish Stage Coach that the king and Trump rode in is customarily rolled out for the State Opening of Parliament and was also used for the late Queen Elizabeth II’s wedding, underscoring the scope of the British charm offensive. The first lady, wearing a distinctive wide-brimmed hat in maroon, followed with the queen in a second coach.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Chief Political Correspondent Annmarie Hordern. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Firehouse Strategies Partner Alex Conant. See omnystudio.com/listener for privacy information.
- GOP Unveils Bill to Avert Shutdown (00:37:16)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.House Republicans unveiled a stopgap spending bill to keep the US government open past an Oct. 1 shutdown deadline, daring Democrats to vote against the measure, which does not contain health-care policies they have demanded.The short-term legislation would keep agencies operating through Nov. 21 and provide new funding for lawmaker, judicial and administration official security in the wake of the assassination of conservative activist Charlie Kirk last week.It would need the votes of at least seven Senate Democrats to meet a 60-vote threshold to overcome procedural obstacles.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Correspondent Lizzy Burden. Republican Congressman Mike Haridopolos of Florida. S-3 Group Partner and Republican Strategist Ashley Davis. Groundwork Collaborative Senior Strategic Advisor Kitty Richards. See omnystudio.com/listener for privacy information.
- US, China Setting Up Friday Call for Trump and Xi (00:40:47)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said he would speak with Chinese leader Xi Jinping on Friday as US and Chinese officials reached a framework deal on keeping the TikTok app running in the US.It would be the first direct engagement between Trump and Xi since June.“I will be speaking to President Xi on Friday. The relationship remains a very strong one!!!,” Trump said in a post on social media Monday. Referring to a meeting of top officials between the two nations in Madrid, Trump also said that the session “has gone VERY WELL!”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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Washington Correspondent Tyler Kendall and Bloomberg Senior Editor for Technology and Strategic Industries Michael Shepard. Center for Strategic and International Studies Senior Fellow Henrietta Levin. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Ascendiun President and CEO Paul Markovich. See omnystudio.com/listener for privacy information.
- Weekly Washington Policy Pulse: September 15, 2025 (00:11:47)
The Bloomberg Intelligence Financial Washington 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 D.C. 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#/registrationSee omnystudio.com/listener for privacy information.
- Charlie Kirk Killing Suspect Arrested on Murder, Weapon Offenses (00:39:41)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The man accused of killing of conservative activist Charlie Kirk— identified as Tyler Robinson — was arrested on suspicion of murder and weapons offenses.Robinson is being held in county jail in Utah without bail, according to court documents. He was arrested by law enforcement, after a family member alerted authorities that he had confessed, or at least implied involvement, in the killing, Utah Governor Spencer Cox said Friday. No formal charges have been filed against Robinson, but authorities in Utah said they intend to file them early next week. 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 National Security Reporter Myles Miller. Former US Diplomat Mara Rudman. Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and former RNC Communications Director Lisa Camooso Miller. Democratic Congressman Glenn Ivey of Maryland. See omnystudio.com/listener for privacy information.
- Police Hunt Charlie Kirk Killer (00:50:17)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Federal investigators have recovered what they believe is the rifle used to kill conservative activist Charlie Kirk during a campus event in Utah and released photos of a person of interest in the slaying, as the manhunt for the shooter entered its second day.The FBI on Thursday released two surveillance photos of an individual in sunglasses and a cap and asked for the public’s help in identifying the person, the agency’s Salt Lake City field office said in a post on X. The agency also offered a reward of up to $100,000 for information relating to the killing. 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: FIL CEO Frank Luntz. Republican Congressman Bryan Steil of Wisconsin. Democratic Congresswoman Haley Stevens of Michigan. Harvard Kennedy School's Ash Center Democracy Visiting Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Policy Director Greta Joynes. See omnystudio.com/listener for privacy information.
- Mamdani Holds Commanding Lead in New NYC Poll (00:32:08)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.New York Governor Kathy Hochul said she’s a “staunch capitalist” opposed to higher taxes and would work to ensure New York remains attractive to businesses if democratic socialist Zohran Mamdani is elected mayor of New York City. Businesses need to know “that the city of New York, as powerful and mighty as it is, is still a subdivision of the state, so any tax increase has to come across my desk first,” Hochul said Wednesday in an interview with Bloomberg TV.Mamdani, a member of the state assembly, has said he’ll push for an increase in the state’s corporate tax rate and a new tax on millionaires to pay for an ambitious policy agenda including free bus service and universal childcare.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Siena University's Siena Research Institute Director Don Levy. Stonecourt Capital Partner Rick Davis and Democratic Governors Association External Affairs Director Ofirah Yheskel. Beacon Global Strategies Managing Director Michael Allen. See omnystudio.com/listener for privacy information.
- US Payrolls Marked Down, Israel Strikes Hamas Targets in Doha (00:38:17)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year.Before the report, the government’s payrolls data indicated employers added nearly 1.8 million total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision showed average monthly job growth was roughly half that.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Washington Correspondent Tyler Kendall. Republican Senator Roger Marshall of Kansas. Carnegie Endowment for International Peace Senior Fellow Aaron David Miller. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.
- French Premier Bayrou to Resign (00:45:39)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.French Prime Minister Francois Bayrou lost a confidence motion in parliament, forcing a third change in government in just over a year and reviving uncertainty over how the country can tackle its mounting debt burden. Parties across the political spectrum in France’s lower house joined forces Monday to overwhelmingly issue the rebuke to Bayrou, who called the motion in a failed attempt to rally support for his unpopular budget reforms. Just 194 lawmakers voted in support of the prime minister and 364 voted against. President Emmanuel Macron will accept Bayrou’s resignation on Tuesday and name a new premier in the coming days, according to a statement from the president’s office. The new government will still have to find a way to pass a budget, an exercise that has now toppled the last two prime ministers.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Europe Correspondent Oliver Crook. George Washington University French Studies Professor Kathryn Kleppinger. Bloomberg Radio DayBreak Europe Host Stephen Carroll. Democratic Congressman Mark Takano of California. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.
- Weekly Washington Policy Pulse: September 8, 2025 (00:15:01)
The Bloomberg Intelligence Financial Washington 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 D.C. 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#/registrationSee omnystudio.com/listener for privacy information.
- Fed Rate-Cut Expectations Climb After Weak Jobs Report (00:49:02)
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Disappointing employment data released Friday validated fears that the US labor market may be on the brink of a downturn and lifted expectations for how much the Federal Reserve will lower interest rates this year.Investors are now fully pricing in a quarter-point rate cut at the Fed’s Sept. 16-17 policy gathering. They also pushed closer to anticipating a total of three rate cuts this year, according to futures contracts. Some Fed watchers said the weak jobs data could spur officials to consider a larger-than-typical half-point this month, though inflation data due next week could temper those expectations.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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg Economics Chief US Economist Anna Wong. House Ways and Means Committee Chairman Jason Smith (R-MO). Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Bloomberg International Economics and Policy Correspondent Michael McKee and Chicago Fed President Austan Goolsbee. See omnystudio.com/listener for privacy information.
- Trump's Fed Pick Stephen Miran & HHS' RFK Jr. Testify Before Senate (00:42:32)
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, Bloomberg's Kriti Gupta is in for Kailey. Joe and Kriti speak with: Bloomberg International Policy and Economics Correspondent Michael McKee. New Century Advisors Chief Economist Claudia Sahm. Bloomberg Health Reporter Jessica Nix. Chair and Professor at Rutgers University's Department of Urban-Global Public Health Leslie Kantor. Circa Sports CEO Derek Stevens. See omnystudio.com/listener for privacy information.