Trump: Won’t Do Diesel Export Ban

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Doug Rediker, Managing Partner at International Capital Strategies and formerly represented the US on the Executive Board of the International Monetary Fund (IMF), says former Fed Chair Jerome Powell’s continued presence on the Board of Governors is a “tempering influence” on current Fed Chair Kevin Warsh. Rep. Greg Landsman (D-OH) says naming a White House AI czar would not provide the level of oversight needed around AI and data centers. Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, says the US represents 93% of the Canadian spirits industry and warns that restrictions on cross-border trade will hurt the hospitality economy on both sides of the border. Chapters: 00:02:20 Bloomberg's Kate Sullivan on DOJ Won’t Reopen Powell Investigation 00:04:50 Doug Rediker, Managing Partner at International Capital Strategies, on Powell’s Influence and the Fed’s Future 00:07:32 Doug Rediker on Jobs Report, Inflation and the US Economy 00:09:40 Doug Rediker on Will the Fed Raise Rates Before the Midterms? 00:10:43 Doug Rediker on Oil Reserves and High Fuel Prices 00:12:44 Doug Rediker on AI Leaders Meet With Trump 00:15:00 Power Moves: Top Financial Moves 00:18:50 Rep. Greg Landsman (D-OH) on AI Oversight and Data Center Protections 00:21:50 Rep. Greg Landsman (D-OH) on Trump’s Ohio Visit and the Midterms 00:24:11 Todd Blanche, US Attorney General, Talking with Bloomberg About the Powell Investigation 00:27:47 Political Panel Reacts: The Midterm Map, Campaign Spending and Fundraising, Trump Hits the Campaign Trail 00:40:03 Brazil Heads to the Polls 00:41:30 Chris Swonger, President and CEO of the Distilled Spirits Council of the United States, on US-Canada Trade Fight Hits Distillers 00:44:36 Chris Swonger on Tariffs and Challenges for the Spirits Industry 00:46:03 Chris Swonger on Long-Term Outlook for Liquor -------- 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