Senators Reach Bipartisan Deal on Russia, Iran Sanctions | Balance of Power 07/28/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Evelyn Farkas, executive director of the McCain Institute, discusses the role the late Senator Lindsey Graham played in helping persuade President Trump to maintain support for Ukraine and other "front-line democracies." Jared Bernstein, former chair of the Council of Economic Advisers under the Biden administration, discussed the possibility of the Federal Reserve raising interest rates at its upcoming meeting. Former Vice President Mike Pence reflects on the life and foreign-policy legacy of Senator Lindsey Graham, calling him a "tenacious advocate for American freedom at home and abroad." Chapters: 00:02:20 Bloomberg’s Kate Sullivan on Leaders Gather To Honor Life of Sen. Lindsey Graham 00:05:26 Evelyn Farkas, Executive Director of the McCain Institute, on Sen. Lindsey Graham’s Legacy 00:06:43 Evelyn Farkas on Senate Announces New Russia, Iran Sanctions Bill 00:11:42 Evelyn Farkas on Trump Holds Meetings With Zelenskyy, Netanyahu 00:14:44 Power Moves: Top Financial Moves 00:17:09 Jared Bernstein, former chair of the Council of Economic Advisers under Biden Admin., on Fed Faces New Pressure To Hike Rates as Price Risks Rebound 00:22:20 Jared Bernstein on Data Centers and AI 00:25:12 Mike Pence, Former Vice President, on The Life of Sen. Lindsey Graham 00:26:35 Mike Pence: Greatest Tribute to Graham Would Be Senate Passing New Sanctions on Russia, Iran 00:31:41 Mike Pence: ‘Very Confident’ Trump WH and America Stands With Israel 00:34:51 Mike Pence on Save America Act 00:40:08 Political Panel Reacts: Leaders Gather To Honor Life of Sen. Lindsey Graham -------- 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