Trump Renames Lake Ontario | Radio Balance of Power: Early Edition 8/27/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Tyler Kendall discuss the latest from the Trump Administration. On today's show, former US Ambassador to Ukraine John Herbst, Maywood Strategies Principal Douglas Farrar, Jersey 1st Founder and President Rosemary Becchi and Bloomberg Opinion Columnist Kathryn Edwards. Chapters 00:00:00 Radio Balance of Power: Early Edition 00:02:09 Market Update After Nvidia's Blowout Earnings 00:04:41 Texas Senate Race & Trump's Push for Ken Paxton 00:05:46 Data Centers Become a Key Texas Election Issue 00:09:48 Russia Prepares to Escalate the War in Ukraine 00:11:01 John Herbst on Russia, Ukraine & NATO Risks 00:13:32 Ukraine's Air Defense & Russia's New Offensive 00:17:32 Venezuela Oil, Iran & Economic Sanctions 00:19:04 Market Update: Nvidia Powers Stocks Higher 00:19:36 Trump Speaks From the Oval Office 00:20:51 Trump Renames Lake Ontario "Lake America" 00:22:39 Trump Escalates His Trade Fight With Canada 00:26:16 Trump on Putin, NATO & Mail-In Voting 00:27:58 Iran, Russia & the Strait of Hormuz 00:30:13 Trump Heads to Texas to Back Ken Paxton 00:32:12 Political Panel on the Texas Senate Race 00:33:20 Data Centers & the Midterm Election Backlash 00:39:10 Market Update: Nvidia Surges After Earnings 00:41:13 Jackson Hole & Kevin Warsh's Big Fed Speech 00:42:30 Fed Independence & the Lisa Cook Fight 00:44:34 What Markets Need to Hear From Kevin Warsh 00:46:30 America's $40 Trillion Debt Problem 00:49:22 Beef Prices, Tariffs & Consumer Affordability -------- 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