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Trump Moves to Dismantle DOE, Trade War, Ukraine Deal | Balance of Power

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“Balance of Power” focuses on the intersection of politics and global business. On today’s show, Donna Shalala, Fmr. Rep. of Florida & Fmr. President of the University of Miami, discusses President Trump’s move to dissolve the Department of Education. US Secretary Of Energy, Chris Wright, discusses President Trump hosting oil and energy executives at the White House and states he is “all in” on a rare earth deal. Rep. Suzan DelBene (D) Washington on voter frustrations over Pres. Trump’s policies, and Sarah Chamberlain, Republican Main Street Partnership President & CEO, discusses how Republican members of Congress are feeling about President Trump so far, and the importance of town halls.

Chapters:
00:00:00 – Balance of Power Begins
00:03:07 – Bloomberg’s Kate Ackley on Pres. Trump Moves to Dissolve Dept. of Education, Will Dept. of Education Be Abolished
00:05:13 – Fmr. Rep. Donna Shalala (D) Florida, on What Trump’s Move on Dept. of Education Means for American Students
00:12:43 – US Energy Secretary Chris Wright on Pres. Trump Hosts Oil & Energy Executives, Refilling US Oil Reserves, Ukraine Minerals Deal Likely
00:20:43 – Bloomberg’s Michael Shepard on NVIDIA’s Ambition to Invest Billions in US Manufacturing, Chip Tariffs Still Set for April 2
00:26:18 – Rep. Suzan DelBene (D) Washington, on Democrats Strategy Going Forward, Voters Frustrations Over Pres. Trump Policies, Sen. Schumer Leadership
00:38:00 – Sarah Chamberlain, Republican Main Street Partnership President & CEO, on How GOP Congress Members Are Feeling About Trump’s Policies
00:45:44 – Anchor Chat on Washington, DC & The First Day of Spring, US Falls to 24th on World Happiness Report
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Midterms Notch Record on Early Voting

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On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest on today’s midterm elections. On today’s episode, from the trail, Julie Fine, Bloomberg Texas Bureau Chief, Romaine Bostick, Co-Host of Bloomberg’s The Close, Tyler Kendall, Bloomberg News Washington Correspondent. Also, Jim Messina, CEO of Fortius Global /Obama 2012 Campaign Manager, and Rep. Jason Crow (D-CO),  and Sarah Chamberlain, President and CEO of the Republican Main Street Partnership. Rick Davis, Partner at Stonecourt Capital and Bloomberg Politics Contributor & Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School’s Ash Center and Bloomberg Politics Contributor also joined Joe and Kailey.

Chapters:
00:00:00 Radio Balance of Power: Early Edition
00:02:22 Markets: Tech Stocks Rise on Election Day
00:04:19 Trump, Republicans & the Midterm Stakes
00:06:04 Texas Senate Race & Record Early Voting
00:08:00 Michigan Senate Race & Voter Turnout
00:09:54 Jim Messina on the Midterm Outlook
00:12:20 How the Midterms Could Reshape the 2028 Map
00:15:20 Election Challenges & Record Campaign Spending
00:17:33 The Future of the Democratic Party
00:20:46 Democrats’ Fight to Take the House
00:23:05 Iran, Hegseth & Democratic Priorities
00:28:21 Affordability, Tariffs & Health Care
00:30:21 Political Panel: What Democratic Control Could Mean
00:35:17 How Big Could a Democratic Wave Be?
00:40:20 North Carolina & Early Election Indicators
00:43:49 Republicans Brace for Possible House Loss
00:45:10 Governing With a Narrow Democratic Majority
00:49:23 Lame-Duck Congress & Government Funding
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Trump Struggles to Sell Voters on the Economy

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Bloomberg News Senior Executive Editor Wes Kosova tells Bloomberg This Weekend that President Donald Trump is struggling to convince voters the economy is strong as higher fuel prices and affordability concerns weigh on his support, including among Republicans. Speaking with hosts David Gura and Lisa Mateo, Kosova says Trump’s last-minute promises of financial relief may have limited power to change voters’ perceptions, while the prolonged Iran war adds uncertainty over when energy prices could ease.
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Trump to Watch Election Returns at White House

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President Donald Trump is in the White House tonight watching the election returns. One official says Trump is feeling “cautiously optimistic.” Bloomberg’s Kate Sullivan reports.
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Own, Don’t Earn: ‘Everywhere Millionaire’ Author

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Owen Zidar, author of ‘The Everywhere Millionaire’, joins Scarlet Fu and Tom Keene discuss their must-read book on this week’s edition of “Bloomberg Money.” They discuss Zidar’s book, which lays out how wealth often comes from businesses outside of Wall Street. They also discuss ‘Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century’ by Napoleon Hill.
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Bain Capital Chair Expects $30 Billion of Exits This Year

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John Connaughton, Chair at Bain Capital, says he is optimistic about the firm’s Asia business and hopes to build momentum with exits in China. He speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders’ Investment Summit.
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