Michigan Primary To Set Midterms Roadmap | Balance of Power 08/04/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Retired Lieutenant General Karen Gibson, a former deputy director of national intelligence for national security partnerships, says the newly disclosed incidents involving OpenAI models show that a proposed federal review framework for advanced AI systems may need to be mandatory. Jessica Taylor, Senate and Governors editor at The Cook Political Report, says Michigan’s Democratic Senate primary is a test of whether the party’s progressive energy can translate to a general election in a closely divided state. Chapters: 00:01:55 Power Moves: Top Financial Moves 00:06:45 Bloomberg's Kate Sullivan on Trump Tells Iran He Wants Deal on Hormuz Agreed to Immediately 00:10:37 Retired Lieutenant General Karen Gibson, A Former Deputy Director of National Intelligence for National Security Partnerships, on Open AI’s Models Breach Boundaries in Third-Party Evals 00:15:50 Ret. Lt. General Karen Gibson on How Long Can US Maintain Blockade in Strait of Hormuz? 00:18:20 Ret. Lt. General Karen Gibson on Trump Holds Off Iran Strikes on Pledge Hormuz Deal is Close 00:21:40 Bloomberg's Nancy Cook on Michigan Voters Head To Polls in Dem Senate Primary 00:24:16 Power Brief: GOP Rep. Miller & Paramount-WBD Merger 00:26:35 Jessica Taylor, Senate and Governors Editor at The Cook Political Report, on Michigan Primary To Set Midterms Roadmap 00:28:08 Jessica Taylor on Will This Race Reflect a National Trend? 00:30:17 Jessica Taylor on Easier Win for Mike Rogers Against Abdul El-Sayed or Haley Stevens? 00:33:34 Jessica Taylor on Sen. Susan Collins To Vote Against Blanche as AG 00:37:04 Bloomberg's Erik Wasson on Sen. Collins: Will Be Voting Against Blanche 00:40:14 Political Panel Reacts: Sen. Collins: Will Be Voting Against Blanche, Michigan Dem Senate Primary -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts