President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.

President-elect Donald Trump said he is nominating Scott Bessent, who runs macro hedge fund Key Square Group, as the next US Treasury Secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term. Bloomberg Balance of Power hosts Joe Mathieu and Kailey Leinz offer instant reaction.

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

SPECIAL REPORT: Trump Nominates Scott Bessent To Lead US Treasury

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3fa29db3-bf02-404f-a70f-b231000920a4/transcript

Insight & analysis on the White House and Capitol Hill.

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

The US said it had further stepped up strikes on Iran as both sides in the war threatened to escalate a conflict hitting its two-week mark that has upended energy flows and financial markets.

“They’re going to be hit. They can talk all they want but, you know, let’s see what they do,” President Donald Trump told Fox News Radio in an interview that aired Friday. “They’re going to maybe do something having to do with the straits.”

The 14th day of the war marked the largest attacks yet against the Islamic Republic, with the US and Israel hitting around 15,000 targets since the war began, US Defense Secretary Pete Hegseth said. 

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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:
Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Partner Rosemary Becchi.
Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.
Bloomberg Intelligence Senior US Policy Analyst Nathan Dean.
Andesite Co-Founder and CEO Brian Carbaugh.

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>. The US said it had further stepped up strikes on Iran as both sides in the war threatened to escalate a conflict hitting its two-week mark that has upended energy flows and financial markets. &ldquo;They&rsquo;re going to be hit. They can talk all they want but, you know, let&rsquo;s see what they do,&rdquo; President Donald Trump told Fox News Radio in an interview that aired Friday. &ldquo;They&rsquo;re going to maybe do something having to do with the straits.&rdquo; The 14th day of the war marked the largest attacks yet against the Islamic Republic, with the US and Israel hitting around 15,000 targets since the war began, US Defense Secretary Pete Hegseth said.&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, Bloomberg's Tyler Kendall is in for Kailey. Joe and Tyler speak with:
<ul>
<li>Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch.</li>
<li>Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Brownstein Hyatt Farber Schreck Partner Rosemary Becchi.</li>
<li>Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.</li>
<li>Bloomberg Intelligence Senior US Policy Analyst Nathan Dean.</li>
<li>Andesite Co-Founder and CEO Brian Carbaugh.</li>
</ul>

US-Iran Fight Centers on Hormuz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/21460ae9-f516-48f8-9419-b40c01580274/transcript

Insight & analysis on the White House and Capitol Hill.

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

President Donald Trump and Iran’s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices. 

The US president said in a social media post Thursday that preventing Iran from having nuclear weapons and threatening the Middle East is “of far greater interest and importance to me” than the cost of oil. 

Mojtaba Khamenei said the Islamic Republic would seek to ensure the Strait of Hormuz remains effectively closed. In his first public comments since succeeding his father, he added that Tehran will look to open other fronts in the war if the US and Israel persist with their attacks. 

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 Washington Correspondent Tyler Kendall.
Democratic Senator Elissa Slotkin.
Maywood Strategies Principal Doug Farrar and Bluestack Strategies Founder Maura Gillespie.
Former Israeli Ambassador to the US Michael Oren.

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>. President Donald Trump and Iran&rsquo;s new supreme leader both struck defiant tones on the 13th day of the war, offering little relief to energy markets despite fresh US efforts to curb oil prices.&nbsp; The US president said in a social media post Thursday that preventing Iran from having nuclear weapons and threatening the Middle East is &ldquo;of far greater interest and importance to me&rdquo; than the cost of oil.&nbsp; Mojtaba Khamenei said the Islamic Republic would seek to ensure the Strait of Hormuz remains effectively closed. In his first public comments since succeeding his father, he added that Tehran will look to open other fronts in the war if the US and Israel persist with their attacks.&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:
<ul>
<li>Bloomberg Washington Correspondent Tyler Kendall.</li>
<li>Democratic Senator Elissa Slotkin.</li>
<li>Maywood Strategies Principal Doug Farrar and Bluestack Strategies Founder Maura Gillespie.</li>
<li>Former Israeli Ambassador to the US Michael Oren.</li>
</ul>

US, Iran Strike Defiant Tones

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/54b302f3-3e99-4aee-95c8-b40b014fb669/transcript

Insight & analysis on the White House and Capitol Hill.

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

President Donald Trump said he didn’t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets.

Asked Wednesday whether Iran had laid mines in the strait, Trump told reporters, “We don’t think so.” The Islamic Republic has laid about a dozen mines in the waterway, Reuters reported Wednesday, citing people familiar with the matter.

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 Washington Correspondent Tyler Kendall.
Republican Senator Rand Paul.
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Former Republican Congressman Patrick McHenry.

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>.
President Donald Trump said he didn&rsquo;t believe Iran was laying mines in the Strait of Hormuz and repeated his suggestion that the war would end soon, even as the confirmation of an emergency oil release did little to calm volatile markets. Asked Wednesday whether Iran had laid mines in the strait, Trump told reporters, &ldquo;We don&rsquo;t think so.&rdquo; The Islamic Republic has laid about a dozen mines in the waterway, Reuters reported Wednesday, citing people familiar with the matter. 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:
<ul>
<li>Bloomberg Washington Correspondent Tyler Kendall.</li>
<li>Republican Senator Rand Paul.</li>
<li>Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.</li>
<li>Former Republican Congressman Patrick McHenry.</li>
</ul>

Trump Touts Strikes on Iran, Downplays Mine Threat in Hormuz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fe70ed04-26a2-48a6-939d-b40a014b44d3/transcript

SPECIAL REPORT: Trump Nominates Scott Bessent To Lead US Treasury

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