Kentucky Democratic Governor Andy Beshear addressed concerns over Republican Senator Mitch McConnell’s prolonged absence from the Senate due to health issues. Governor Beshear revealed he sent letters to both McConnell and Senate Majority Leader John Thune requesting clear updates on McConnell’s health and his ability to fulfill his senatorial duties. The conversation then turned to the upcoming midterms, with Beshear saying affordability will be the “driving issue.” He believes Democrats are speaking to voter’s “pain,” with people being unable to afford groceries, pharmaceuticals, and housing, forcing families to live paycheck to paycheck. He speaks with Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.”
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Pfizer CEO Albert Bourla says that company has reviewed its first AI-designed molecule. He says the company wants to be at the forefront of using artificial intellegence

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The Fed kicks off the second two-day policy meeting under Chair Kevin Warsh’s leadership. Bloomberg’s Economics & Policy Correspondent Mike McKee has the preview. Plus, Wednesday kicks off a massive round of tech earnings from some of the industry’s biggest names including Meta, Microsoft, and Apple. Bloomberg Intelligence’s Global Head of Technology Research Mandeep Singh talks about what he’ll be looking out for. Then, Nebex CEO Tejpaul Bhatia explains how his company is working to boost the commercial space industry despite the dominance of SpaceX and possible red-tape from working across various governments. Finally, Bloomberg ‘Business of Sports’ Hosts Vanessa Perdomo-Maglione and Randall Williams join to talk about reporting that FIFA is planning to raise as much as $4.2 billion from external investors.

Chapters
00:00:00 Bloomberg Businessweek Daily
00:00:36 Sen. Lindsey Graham’s Funeral
00:02:07 Market Headlines: Fed, Apple & Oil
00:03:28 Bloomberg Tech Earnings Q&A Announcement
00:04:31 Market Update with Charlie Pellett
00:06:11 Fed Decision Preview with Michael McKee
00:11:43 AI Selloff & Semiconductor Stocks
00:12:15 Bloomberg Intelligence on AI Spending
00:15:17 AI Financing Risks & Nvidia’s Role
00:19:01 Market Check & Semiconductor Selloff
00:20:52 Space Economy & SpaceX with NEBX CEO
00:27:50 Financing the Future of the Space Industry
00:31:52 Trump Eulogy at National Cathedral
00:32:23 Market Update & Earnings Movers
00:34:20 FIFA Seeks Outside Investment
00:43:52 Stocks on the Move: JetBlue, Coca-Cola & Zillow
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On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu discusses the latest in US politics. On today’s show, House Minority Leader Hakeem Jeffries, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Brownstein Hyatt Farber Schreck Policy Director Greta Joynes and American Enterprise Institute Nonresident Senior Fellow Heather Conley.

Chapters
00:00 Balance of Power: Early Edition 
00:01 Markets Open: Oil Plunges, Tech Stocks Slide
00:03 Trump & Democrats Make Affordability the Central Issue
00:04 Exclusive: Hakeem Jeffries on Inflation & Midterms
00:07 Jeffries on Iran, War Powers & Federal Spending
00:09 Data Centers, AI & Utility Costs Debate
00:11 Save America Act & Election Security
00:14 Democratic Fundraising & 2026 Midterm Strategy
00:17 Democratic Messaging: Affordability & the Party’s Future
00:19 Political Panel Reacts to Jeffries Interview
00:27 Market Update: Oil Collapse & Big Tech Ahead of Earnings
00:29 Trump’s Michigan Visit & Affordability Push
00:38 Iran Conflict: Military Options Narrow
00:41 Ukraine, Russia & the Expanding Global Conflict
00:46 Energy Markets, Strait of Hormuz & Red Sea Risks
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Yardeni Research president Edward Yardeni discusses inflation concerns and market optimism, with Yardeni providing insights into economic trends and stock market analysis, shifting the conversation to personal retirement planning. He speaks with Tom Keene and Scarlet Fu on ‘Bloomberg Money.’

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