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Today's guests: Bloomberg Economics Editor Mike McKee discusses Fed Chair Jay Powell's comments about inflation, Greg Giroux, Bloomberg Government elections reporter discusses the results of Tuesday's primary elections in Alabama and Georgia and Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis discuss President Biden's proposal to suspend the federal gasoline tax and analysis of President Trump's primary endorsement record.  

Today's guests: Bloomberg Economics Editor Mike McKee discusses Fed Chair Jay Powell's comments about inflation, Greg Giroux, Bloomberg Government elections reporter discusses the results of Tuesday's primary elections in Alabama and Georgia and Bloomberg Politics Contributors Jeanne Sheehan Zaino and Rick Davis discuss President Biden's proposal to suspend the federal gasoline tax and analysis of President Trump's primary endorsement record.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Insight and analysis on news from the White House and Capitol Hill

Balance of Power

Sound On: Gas Tax Holiday Gimmick, Did Powell Predict a Recession?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/eca27d7f-1f18-4349-b502-aebc016f64e3/transcript

Insight & analysis on the White House and Capitol Hill.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.

President Donald Trump ordered the US Navy to shoot any boat putting mines in the Strait of Hormuz and vowed to step up efforts to clear the critical energy waterway amid a standoff with Iran.
“I have ordered the United States Navy to shoot and kill any boat, small boats though they may be (Their naval ships are ALL, 159 of them, at the bottom of the sea!), that is putting mines in the waters of the Strait of Hormuz,” Trump said in a social media post on Thursday. “There is to be no hesitation.”

Trump’s comments come amid an extended ceasefire between the US and Iran that has left the strait largely shuttered. The US is maintaining a blockade on vessels going to and from Iranian ports, while Tehran is choking off the flow of international traffic.

On this edition, Joe and Kailey speak with: 
Former Deputy Commander of U.S. Central Command Vice Admiral Robert Harward (ret.)
Republican Main Street Partnership President and CEO Sarah Chamberlain & Former White House Deputy Chief of Staff under President Barack Obama Jim Messina
Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch
Democratic Senator from Illinois Tammy Duckworth

Insight &amp; analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. President Donald Trump ordered the US Navy to shoot any boat putting mines in the Strait of Hormuz and vowed to step up efforts to clear the critical energy waterway amid a standoff with Iran. &ldquo;I have ordered the United States Navy to shoot and kill any boat, small boats though they may be (Their naval ships are ALL, 159 of them, at the bottom of the sea!), that is putting mines in the waters of the Strait of Hormuz,&rdquo; Trump said in a social media post on Thursday. &ldquo;There is to be no hesitation.&rdquo; Trump&rsquo;s comments come amid an extended ceasefire between the US and Iran that has left the strait largely shuttered. The US is maintaining a blockade on vessels going to and from Iranian ports, while Tehran is choking off the flow of international traffic. On this edition, Joe and Kailey speak with: 
<ul>
<li>Former Deputy Commander of U.S. Central Command Vice Admiral Robert Harward (ret.)</li>
<li>Republican Main Street Partnership President and CEO Sarah Chamberlain &amp; Former White House Deputy Chief of Staff under President Barack Obama Jim Messina</li>
<li>Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch</li>
<li>Democratic Senator from Illinois Tammy Duckworth</li>
</ul>

Trump Orders Navy to Shoot Boats Placing Mines in Hormuz Strait

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/71f25554-45a0-4759-8b6b-b436000a6c62/transcript

Insight & analysis on the White House and Capitol Hill. 

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. 

The Department of Justice ended its investigation into the Federal Reserve and its chair Jerome Powell over building costs, handing it over to the office of the inspector general that oversees the Fed. 

“I have directed my office to close our investigation as the IG undertakes this inquiry,” US Attorney for the District of Columbia Jeanine Pirro wrote in a statement, “Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.” 

The move clears a potential path for Senate confirmation of Kevin Warsh, Trump’s pick to take over as chair of the federal reserve. 

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: 
Bloomberg International Economics and Policy Correspondent Mike McKee 
Rep. Suzan DelBene, Democrat from Washington and Chairwoman of the Democratic Congressional Campaign Committee 
Principal of the International Practice at BGR Group Lester Munson and Managing Partner at Bully Pulpit International Adam Hodge 
Israel’s Ambassador to the US from 2021 to 2025 Michael Herzog

Insight &amp; analysis on the White House and Capitol Hill.&nbsp;
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.&nbsp;
The Department of Justice ended its investigation into the Federal Reserve and its chair Jerome Powell over building costs, handing it over to the office of the inspector general that oversees the Fed.&nbsp;
&ldquo;I have directed my office to close our investigation as the IG undertakes this inquiry,&rdquo; US Attorney for the District of Columbia Jeanine Pirro wrote in a statement, &ldquo;Note well, however, that I will not hesitate to restart a criminal investigation should the facts warrant doing so.&rdquo;&nbsp;
The move clears a potential path for Senate confirmation of Kevin Warsh, Trump&rsquo;s pick to take over as chair of the federal reserve.&nbsp;
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:&nbsp;
<ul>
<li>Bloomberg International Economics and Policy Correspondent Mike McKee&nbsp;</li>
<li>Rep. Suzan DelBene, Democrat from Washington and Chairwoman of the Democratic Congressional Campaign Committee&nbsp;</li>
<li>Principal of the International Practice at BGR Group Lester Munson and Managing Partner at Bully Pulpit International Adam Hodge&nbsp;</li>
<li>Israel&rsquo;s Ambassador to the US from 2021 to 2025 Michael Herzog</li>
</ul>

DOJ Drops Fed Investigation, Smoothing Path for Fed Chair Nominee Kevin Warsh 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/02b97d1f-8d2e-42c8-ad39-b43601655c33/transcript

President Donald Trump announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart.

In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal “and discussions are concluded, one way or the other.”

For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Wendy Benjaminson, Bloomberg News Senior Editor
Terry Haines, Pangaea Policy Founder
Adam Farrar, Bloomberg Economics Senior Geoeconomics Analyst
Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute

President&nbsp;Donald Trump&nbsp;announced he was extending a ceasefire with Iran indefinitely a day before it was set to expire, even as plans for a fresh round of talks between the two countries fell apart. In a Truth Social post, Trump said Tuesday he would maintain a blockade over ships coming to and from Iran in the Strait of Hormuz. He said Pakistan, which had mediated between the two sides, asked for the US to hold off on fresh strikes and he was extending the ceasefire until Iran submits a new proposal &ldquo;and discussions are concluded, one way or the other.&rdquo; For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
<ul>
<li>Wendy Benjaminson, Bloomberg News Senior Editor</li>
<li>Terry Haines, Pangaea Policy Founder</li>
<li>Adam Farrar, Bloomberg Economics Senior Geoeconomics Analyst</li>
<li>Ambassador James F. Jeffrey, Philip Solondz Distinguished Fellow at The Washington Institute</li>
</ul>

Instant Reaction: Trump Extends Iran Truce, Maintains Blockade as Talks Falter

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4d4bab18-be29-48d0-96e3-b43301709f15/transcript

Sound On: Gas Tax Holiday Gimmick, Did Powell Predict a Recession?

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