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President Trump Holds Meeting With GOP Senators | Balance of Power: Late Edition 6/04/25

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Senator Peter Welch (D) Vermont talks about the Congressional Budget Office projecting President Trump’s tariffs will cut the budget gap by $2.8 trillion. Retired General Ben Hodges, former Commanding General for US Army Europe, shares his thoughts on President Trump speaking with Russian President Vladimir Putin. Senator Roger Marshall (R) Kansas talks about the meeting he had in the White House with President Trump and other members of the Senate Finance Committee where they spoke about the tax bill.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:12 – Bloomberg’s Erik Wasson Talks Pres. Trump Meeting With GOP Senators on Tax Bill, CBO Tariff Projections
00:03:53 – Bloomberg’s Kailey Leinz and Joe Mathieu Interview Sen. Bill Hagerty on His Views on Tax Bill
00:05:59 – Senator Peter Welch (D) Vermont on CBO Projects Tariff Will Cut Budget Gap by $2.8T, Debt Ceiling
00:15:23 – Bloomberg’s Natalia Droziak on Impact of US Said to Deny Air Defenses to Europe in Postwar Ukraine
00:16:59 – Gen. Ben Hodges (Ret.), Fmr. Commanding Gen. for US Army Europe, on Pres. Trump & Pres. Putin Talk, Russian Sanctions
00:24:57 – Bloomberg’s Akayla Gardner on Trump Officials Targeting Columbia Accreditation
00:27:14 – Political Panel on What Changes Could Be Made to Tax Bill From White House Meeting, Elon Musk Comments on Bill
00:34:19 – Top News Stories: Emergency Abortion Guidance Revoked, Canadian Wildfires Worsen Air Quality
00:36:56 – Bloomberg’s Kailey Leinz and Joe Mathieu Speak With Sen. Warren (D) MA on Wells Fargo & Bad Behavior
00:41:56 – Political Panel on Eliminating the Debt Ceiling, CBO Projects Tariffs to Cut Budget Gap by $2.8T
00:48:08 – Sen. Roger Marshall (R) Kansas on White House Meeting, US Deficit, SALT, Medicare Cuts, Tax Bill Changes
——–
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The Diamond Industry Wants You to Buy “Natural”

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34 minutes ago

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September 8, 2026

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Over the past five years, lab-grown diamonds have shaken his industry to the core. Now, companies like De Beers are battling the avalanche of cheaper, near-identical synthetic gems. Stacey Vanek Smith reports.
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Energy Traders Use Drones to Cash In On Better Weather Forecasts

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2 hours ago

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September 8, 2026

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Can better weather predictions boost bottom lines?

Data collected by drones are providing intelligence for energy traders and military strategists. Joe Wertz explains how.
——–
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Why Meta’s $200 Billion Data Center Is in Rural Louisiana

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3 hours ago

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September 8, 2026

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Meta is building one of the largest artificial intelligence data centers in the world, and it’s going up in a remote corner of Louisiana. Financed by one of the biggest private capital deals ever assembled, the project in rural Richland Parish will require up to 7.5 gigawatts of total power – 5 gigawatts of which will be for compute – from 10 brand new natural gas plants. In a region desperate for economic revival, the data center has become more than just infrastructure: it’s a bet on the future.

Learn more: https://bloom.bg/42Sj751
Mark Zuckerberg’s desire to build the world’s biggest AI facility has entangled his company deeply in Louisiana’s politics, culture and economy.

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#Meta #Data #AI #Tech #Technology

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Russia Invades Ukraine: Bloomberg Coverage

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4 hours ago

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September 8, 2026

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For ongoing coverage of the Russia invasion on Ukraine, tune in to Bloomberg Television and Radio. Up to the minute reporting from around the world and analysis of what it means to you. This is Bloomberg.
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The Choke Point That Could Break the Global Economy

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8 hours ago

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September 8, 2026

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The war with Iran has already cost lives, billions of dollars, and shaken the foundations of the global economy and the worst may be yet to come. Afsaneh Beschloss of RockCreek tells us why Russia and Iran are the unexpected winners at the Strait of Hormuz, and why a prolonged conflict could force the Fed to hike rates instead of cut. Steven Cook of the Council on Foreign Relations explains why the Gulf states didn’t see Iran’s attacks coming and why Saudi-Israeli normalization may now be further away than ever.
——–
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