"Balance of Power" focuses on the intersection of politics and global business. On today's show, Former Defense Secretary Leon Panetta says the state visit delivered "an awful lot of pomp, but not a lot of substance," pointing to the lack of progress on major issues between the two nations. Democratic Representative Glenn Ivey of Maryland reacts to news that OpenAI alerted more than a dozen organizations that its models may have hacked or disrupted their sites, saying Congress and the White House should be taking emerging AI risks more seriously. National Association of Manufacturers President and CEO Jay Timmons says manufacturers are looking for clearer progress on trade as President Trump and China's Xi Jinping prepare for more meetings this year. Chapters: 00:02:00 Bloomberg's Courtney Subramanian on What the US-China Summit Accomplished 00:05:28 Leon Panetta, Former Defense Secretary, on Trump-Xi Talks and China 00:08:41 Leon Panetta on Taiwan, China and US Policy 00:10:41 Leon Panetta on Prospects for a US-Iran Peace Deal 00:12:14 Leon Panetta on the Midterm Election Outlook 00:14:18 Power Moves: Top Financial Moves 00:17:35 Rep. Glenn Ivey (D-MD) on AI Regulation and Cybersecurity 00:20:37 Rep. Glenn Ivey (D-MD) on Quantum Computing, AI and Data Centers 00:22:25 Rep. Glenn Ivey (D-MD) on the Midterm Campaign 00:24:43 Jay Timmons, National Association of Manufacturers President and CEO, on US Manufacturing and Trade 00:26:21 Jay Timmons on China Trade Deals and Manufacturing Concerns 00:28:26 Jay Timmons on What Manufacturers Want From US-China Trade 00:29:52 Jay Timmons on USMCA and Permitting Reform 00:31:42 Jay Timmons on Manufacturing and the Midterm Elections 00:35:32 Bloomberg's Joe Lovinger on Can Democrats Flip the Texas Senate Seat? 00:38:33 Political Panel Reacts: Texas Senate Race: Talarico vs. Paxton, Are Political Debates Becoming Less Common?, Trump’s Midterm Campaign Travel Strategy -------- 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