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"Balance of Power" focuses on the intersection of politics and global business. On the show today, Republican Senator of Tennessee, Bill Hagerty, talks about Federal Reserve Chair Jerome Powell's testimony during the Senate Banking Committee hearing and voices his concern that Chairman Powell may be under political pressure to cut rates, and states he hopes Powell will remain data-driven. Kay Bailey Hutchison, Former US Ambassador to NATO, discusses the NATO Summit and the challenges facing Ukraine as the country tries to join the alliance.
00:00 Balance of Power Starts
01:58 Bloomberg's Mario Parker on Nancy Pelosi Biden Statement & George Clooney Asking Biden to Leave Race
06:01 Bloomberg's Julie Fine on Former President Trump Weighing Vice Presidential Choices
08:16 Bloomberg's Vonnie Quinn on Bill Hwang Found Guilty
11:34 Senator Bill Hagerty (R-TN) on Jerome Powell Senate Banking Committee Hearing
19:16 Bloomberg's Tyler Kendall on Lawmakers Grilling Powell on Housing Costs
23:40 Kay Bailey Hutchison, Former US Ambassador to NATO, on NATO Summit & Ukraine
33:39 Political Panel with Lauren Tomlinson, Claffey Communications President, & Adam Hodge, Bully Pulpit International Managing Director & Democratic Strategist on Challenges to Biden's Candidacy
40:59 Political Panel with Lauren Tomlinson, Claffey Communications President, & Adam Hodge, Bully Pulpit International Managing Director & Democratic Strategist on Former President Trump Weighing Vice President Choices
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