On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the midterm elections. On today’s show, Republican Congressman Brad Knott of North Carolina, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Democratic Congressman Joe Morelle of New York.

Chapters
00:00:00 Balance of Power: Early Edition
00:01:49 Markets: Stocks at Records & Rising Rates
00:03:29 Trump Expands Access to Red-Dyed Diesel
00:05:01 How the Red-Dyed Diesel Plan Came Together
00:07:39 Trump, Anduril & Defense Manufacturing
00:09:15 Drone Warfare & Iranian Threats
00:12:00 B-1 Bombers, Iran & Homeland Security
00:15:41 North Carolina Senate Race & GOP Spending
00:18:09 South Carolina Emerges as a Senate Battleground
00:19:01 Markets: Stocks, Oil & McDonald’s
00:21:02 Political Panel: South Carolina & the Midterms
00:25:01 Alaska Senate Race Shifts Toward Democrats
00:26:03 Early Voting & the Final Midterm Push
00:27:49 Maine Senate Debate & Susan Collins
00:31:05 Campaign Spending & Get-Out-the-Vote Efforts
00:32:33 Markets: Record Stocks & Bank Earnings
00:34:38 Jamie Dimon on AI, Data Centers & Cyber Risk
00:39:34 Election Security & Early Voting
00:41:32 DOJ Election Monitors & Legal Challenges
00:44:10 Voting Rights, Campaign Finance & House Security
00:44:54 Trump, Taxpayer Money & Campaign-Style Ads
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Khaldoon Al Mubarak, CEO of Abu Dhabi’s Mubadala Investment Co., discusses investment monetization and sector trajectories, with a focus on AI, technology and infrastructure, geographic assets and private credit. He spoke Jan. 19 with Bloomberg’s Joumanna Bercetche on the sidelines of World Economic Forum’s annual meeting in Davos, Switzerland.
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“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Rep. Raja Krishnamoorthi (D-IL) says Iran could take advantage militarily and economically of President Trump’s announcement that the US will not attack Iran before the midterm elections. Brett Bruen, President of the Global Situation Room and former US diplomat, says Iran may not go along with President Trump’s effort to keep tensions down before the midterm elections and could continue using attacks to demonstrate its leverage.

Chapters:

00:01:35 Bloomberg’s Jen Dlouhy on Trump Rules Out Iran Attack Before Midterms
00:05:55 Rep. Raja Krishnamoorthi (D-IL) on Iran War and Trump
00:09:30 Rep. Raja Krishnamoorthi (D-IL) on China and Russia’s Support for Iran
00:11:03 Rep. Raja Krishnamoorthi (D-IL) on Concerns Over Suspected Outbreak in Russia
00:12:58 Rep. Raja Krishnamoorthi (D-IL) on Midterms and Democratic Priorities
00:15:25 Power Moves: Top Financial Moves
00:18:10 Brett Bruen, President of the Global Situation Room and Former US Diplomat, on Trump’s Iran Strategy
00:20:27 Brett Bruen on Israel, Gaza and Congressional Oversight
00:22:03 Brett Bruen on European Concerns Over Global Instability
00:24:09 The Debrief with Mario Parker: Tight Race Republicans Confront Trump Dilemma
00:28:47 David Jolly, Florida Gubernatorial Candidate (D), on Florida Governor’s Race
00:32:30 David Jolly Calls for Data Center Construction Moratorium
00:34:29 David Jolly on Florida Campaign Strategy and Democratic Prospects
00:39:30 Political Panel Reacts: Michigan Senate Race: El-Sayed vs. Rogers, Maine and Georgia Senate Debate Stakes, GOP Senate Trouble in Texas and North Carolina

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President Donald Trump said he does not believe Russian President Vladimir Putin will attack NATO members, as tensions rise in Europe over Moscow targeting countries that supply weapons and money to Ukraine. #trump #putin #russia #ukraine #news #usa #politics #world

Trump said Thursday that he had “good talks” with Putin, adding that “he’s not going to be attacking a NATO territory.”

The president’s comments follow a rare trip by CIA Director John Ratcliffe to Russia for meetings on Tuesday, though it remains unclear what he discussed with Russian counterparts. Trump in a radio interview Wednesday called Ratcliffe’s trip “semi-routine.”

Read more: https://www.bloomberg.com/news/articles/2026-08-27/trump-says-putin-will-not-be-attacking-nato-territory

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Indonesian Finance Minister Purbaya Yudhi Sadewa has said that the MSCI’s warning — which sparked a selloff in the nation’s stock market — is a good thing, as it highlighted a longstanding problem that hadn’t been addressed by previous administrations http://bloom.bg/45KH3cp

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