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.

President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran.

Trump was asked during a meeting of his Cabinet officials if he was comfortable with a short-term deal that would open the strait but under Iranian control.

“Nobody’s going to control it. It’s international waters,” Trump said Wednesday at the White House. “The strait’s going to be open to everybody” and the US will “watch over it.”

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:
Ipsos US Public Affairs Chair Cliff Young.
Bloomberg Senior Editor Derek Wallbank.
Cohen Group Senior Adviser Jen Gavito.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
Bloomberg Washington Correspondent Tyler Kendall.

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">http://bit.ly/3vTiACF</a>.
President Donald Trump asserted that no one nation would control the vital Strait of Hormuz waterway, highlighting a key sticking point in resolving the war with Iran. Trump was asked during a meeting of his Cabinet officials if he was comfortable with a short-term deal that would open the strait but under Iranian control. &ldquo;Nobody&rsquo;s going to control it. It&rsquo;s international waters,&rdquo; Trump said Wednesday at the White House. &ldquo;The strait&rsquo;s going to be open to everybody&rdquo; and the US will &ldquo;watch over it.&rdquo;
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>Ipsos US Public Affairs Chair Cliff Young.</li>
<li>Bloomberg Senior Editor Derek Wallbank.</li>
<li>Cohen Group Senior Adviser Jen Gavito.</li>
<li>Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.</li>
<li>Bloomberg Washington Correspondent Tyler Kendall.</li>
</ul>

Trump Disputes Iran’s Hormuz Control, Touching on Sticking Point

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9d7913e6-710a-4918-85cf-b45701372ca1/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 is touting progress toward a peace deal with Iran to end the nearly three-month war, even amid fresh hostilities and uncertainty over the vital Strait of Hormuz. 

Security in the crucial energy waterway remained unclear Tuesday after the two sides exchanged strikes overnight and US Central Command pushed back on reports that suggested the military was helping escort vessels.

The renewed clashes occurred just hours after US President Donald Trump said negotiations with Tehran to extend their ceasefire and reopen the strait are proceeding. Secretary of State Marco Rubio has cautioned that any deal would likely take a few days to finalize. 

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.
Former State Department Official Heather Conley.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and BGR Group Principal Lester Munson.
Lockheed Martin President for Missiles and Fire Control Tim Cahill.
Bloomberg Texas Bureau Chief Julie Fine.
Director of the Texas Politics Project and the University of Texas at Austin Dr. James Henson.

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">http://bit.ly/3vTiACF</a>.
The US is touting progress toward a peace deal with Iran to end the nearly three-month war, even amid fresh hostilities and uncertainty over the vital Strait of Hormuz.&nbsp; Security in the crucial energy waterway remained unclear Tuesday after the two sides exchanged strikes overnight and US Central Command pushed back on reports that suggested the military was helping escort vessels. The renewed clashes occurred just hours after US President Donald Trump said negotiations with Tehran to extend their ceasefire and reopen the strait are proceeding. Secretary of State Marco Rubio has cautioned that any deal would likely take a few days to finalize.&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>Former State Department Official Heather Conley.</li>
<li>Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and BGR Group Principal Lester Munson.</li>
<li>Lockheed Martin President for Missiles and Fire Control Tim Cahill.</li>
<li>Bloomberg Texas Bureau Chief Julie Fine.</li>
<li>Director of the Texas Politics Project and the University of Texas at Austin Dr. James Henson.</li>
</ul>

US Touts Iran Deal Prospects Amid Fresh Tensions in Hormuz

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/23e3bf79-ad9c-427c-a8dd-b456013c831c/transcript

Insight & analysis on the White House and Capitol Hill.

President Donald Trump stressed that he wants Kevin Warsh to independently lead the Federal Reserve, as he looked to downplay investor concern that he would pressure the new central bank chief on policy decisions. 

Warsh, who has promised the biggest shakeup in decades at the US central bank, was sworn into office Friday in a White House ceremony as the 17th chair of the Fed.

“I want Kevin to be totally independent. I want him to be independent and just do a great job. Don’t look at me, don’t look at anybody, just do your own thing and do a great job,” Trump said during the swearing-in ceremony.

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. On this edition, Joe speaks with:
Bloomberg International Economics and Policy Correspondent Michael McKee.
Kpler Head of Policy and Geopolitical Risk Michelle Brouhard.
Bloomberg White House and Washington Correspondent Jeff Mason.
Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Friday Reporter Public Affairs Founder Lisa Camooso Miller.
Micron CEO Sanjay Mehrotra.
Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.

Insight &amp; analysis on the White House and Capitol Hill. President Donald Trump stressed that he wants Kevin Warsh to independently lead the Federal Reserve, as he looked to downplay investor concern that he would pressure the new central bank chief on policy decisions.&nbsp; Warsh, who has promised the biggest shakeup in decades at the US central bank, was sworn into office Friday in a White House ceremony as the 17th chair of the Fed. &ldquo;I want Kevin to be totally independent. I want him to be independent and just do a great job. Don&rsquo;t look at me, don&rsquo;t look at anybody, just do your own thing and do a great job,&rdquo; Trump said during the swearing-in ceremony.
Watch Joe and Kailey LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">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. On this edition, Joe speaks with:
<ul>
<li>Bloomberg International Economics and Policy Correspondent Michael McKee.</li>
<li>Kpler Head of Policy and Geopolitical Risk Michelle Brouhard.</li>
<li>Bloomberg White House and Washington Correspondent Jeff Mason.</li>
<li>Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Friday Reporter Public Affairs Founder Lisa Camooso Miller.</li>
<li>Micron CEO Sanjay Mehrotra.</li>
<li>Bloomberg News Senior Editor for Technology and Strategic Industries Michael Shepard.</li>
</ul>

Trump Tells Warsh to Do ‘Own Thing’

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0b51dffc-64d2-4aba-ad7d-b452013ec5a8/transcript

SPECIAL REPORT: Trump Nominates Scott Bessent To Lead US Treasury

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