Trump: Won’t Do Diesel Export Ban

Bloomberg Television

Bloomberg Television

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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Doug Rediker, Managing Partner at International Capital Strategies and formerly represented the US on the Executive Board of the International Monetary Fund (IMF), says former Fed Chair Jerome Powell’s continued presence on the Board of Governors is a “tempering influence” on current Fed Chair Kevin Warsh. Rep. Greg Landsman (D-OH) says naming a White House AI czar would not provide the level of oversight needed around AI and data centers. Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, says the US represents 93% of the Canadian spirits industry and warns that restrictions on cross-border trade will hurt the hospitality economy on both sides of the border.

Chapters:

00:02:20 Bloomberg's Kate Sullivan on DOJ Won’t Reopen Powell Investigation
00:04:50 Doug Rediker, Managing Partner at International Capital Strategies, on Powell’s Influence and the Fed’s Future
00:07:32 Doug Rediker on Jobs Report, Inflation and the US Economy
00:09:40 Doug Rediker on Will the Fed Raise Rates Before the Midterms?
00:10:43 Doug Rediker on Oil Reserves and High Fuel Prices
00:12:44 Doug Rediker on AI Leaders Meet With Trump
00:15:00 Power Moves: Top Financial Moves
00:18:50 Rep. Greg Landsman (D-OH) on AI Oversight and Data Center Protections
00:21:50 Rep. Greg Landsman (D-OH) on Trump’s Ohio Visit and the Midterms
00:24:11 Todd Blanche, US Attorney General, Talking with Bloomberg About the Powell Investigation
00:27:47 Political Panel Reacts: The Midterm Map, Campaign Spending and Fundraising, Trump Hits the Campaign Trail
00:40:03 Brazil Heads to the Polls
00:41:30 Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, on US-Canada Trade Fight Hits Distillers
00:44:36 Chris Swonger on Tariffs and Challenges for the Spirits Industry
00:46:03 Chris Swonger on Long-Term Outlook for Liquor


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