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Trump-Musk Alliance Unravels Into Public Feud | Balance of Power: Late Edition 6/05/25

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1 year ago

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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, NASA Watch Editor, Keith Cowing, weighs in on how the current rift between President Trump and Elon Musk could impact US space exploration. Former Representative Denver Riggleman (R) Virginia on the potential national security implications from the fallout. Senator Catherine Cortez Masto (D) Nevada shares her thoughts on how the tax bill could be effected by the ongoing feud between President Trump & Elon Musk, and Senator Tim Scott (R) South Carolina on meeting in White House with the President and other GOP Senators on tax bill.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:03:09 – Bloomberg’s Max Chafkin & Ted Mann on Trump-Musk Feud, Impact Feud Could Have on GOP & Businesses, Tax Bill
00:07:34 – Bloomberg’s Ed Ludlow on Tesla Stock Drops, Tax Bill Impact on Musk & Tesla
00:10:59 – Bloomberg’s Romaine Bostick on Stocks Fall as Trump-Musk Fight Sinks Tesla by 14%, Tax Bill & US Deficit
00:14:42 – Keith Cowing, NASA Watch Editor, on Impact Trump-Musk Feud Has on SpaceX, US Space Exploration
00:19:13 – Denver Riggleman, Fmr. Rep (R) Virginia, on Potential National Security Risk From Trump-Musk Fallout
00:24:43 – Sen. Catherine Cortez Masto (D) Nevada, on Impact Feud Has on Tax Bill, Concerns Over DOGE, Trump Travel Ban
00:33:15 – Bloomberg’s Kailey Leinz Interviews Sen. Tim Scott (R) South Carolina on Details of Tax Bill
00:39:05 – Bloomberg’s Jennifer Welch on What Risks to the US Does The Trump-Musk Feud Pose
00:41:43 – Political Panel on Is Feud A Distraction, Any Concerns Of Trump-Musk Rift, How Senators View Tax Bill
——–
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Rep. Warnock: Wall Street vs Main Street

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3 hours ago

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June 21, 2026

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Senator Raphael Warnock (D-GA) tells David Gura on Bloomberg This Weekend that the focus of the country should be on how local Main Streets are doing, not on well Wall Street is doing. Watch part one of Senator Warnock’s interview now and tune in to Bloomberg This Weekend tomorrow for part two.
——–
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Markets Rally on Hope for US-Iran Peace Deal | Closing Bell

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4 hours ago

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June 21, 2026

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
——–
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Goldman’s Flood Says Recent Share Sales Signal ‘Healthy’ Market

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6 hours ago

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June 21, 2026

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John Flood, a Goldman Sachs partner, expects the robust demand for recent share sales to continue. Speaking on Bloomberg Television, Flood says Friday’s selloff presents a buying opportunity and thinks there’s a “slight disconnect” between retail and institutional investors.
——–
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Oil Prices Fall as US-Iran Deal Set to Add Wave of Supply

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8 hours ago

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June 21, 2026

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Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg’s Stephen Stapczynski reports.
——–
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This Hawkish Fed Was Good for Stocks: 3-Minutes MLIV

Published

9 hours ago

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June 21, 2026

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Anna Edwards, Guy Johnson and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
——–
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