On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest news from DC. On today's show, former Secretary of State Antony Blinken, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Groundwork Collaborative Senior Fellow Kitty Richards. Chapters 00:00:00 Radio Balance of Power: Early Edition 00:00:56 Treasury Yields Hit 5% as Bessent Faces Congress 00:02:11 Bessent's Fiscal Plan & Trump's $5,000 Dividend 00:03:50 U.S.-China Talks, Trade & AI 00:05:57 Antony Blinken on AI Safety & the Race With China 00:09:37 Could the U.S. and China Agree on AI Guardrails? 00:12:14 Blinken on Iran & a Diplomatic Off-Ramp 00:15:13 Iran, U.S. Diplomacy & the Nuclear Deal 00:19:04 Blinken on October 7 & the Hostage Negotiations 00:21:34 Russia, Ukraine & Sanctions 00:25:35 Democrats, Israel & Foreign Policy 00:27:05 Blinken on Gaza & a Two-State Solution 00:30:04 Political Panel: Russia, Iran & AI 00:33:18 Can the Iran War End Before the Midterms? 00:38:03 AI Regulation & Competition With China 00:43:07 Markets: Oil Surges, Stocks Fall & Yields Hit 5% 00:45:50 Fed Meeting, Treasury Yields & Bessent 00:47:22 Trump's $5,000 Checks & the Deficit 00:49:06 What to Expect From the Fed 00:50:32 Oil, Inflation & the Strait of Hormuz -------- 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