Republican Mitch McConnell will step down as his party’s leader in the Senate after the November election. Here is instant reaction and analysis from the Bloomberg Balance of Power podcast, hosted by Joe Mathieu and Kailey Leinz.

Republican Mitch McConnell will step down as his party’s leader in the Senate after the November election. Here is instant reaction and analysis from the Bloomberg Balance of Power podcast, hosted by Joe Mathieu and Kailey Leinz.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

BREAKING NEWS: Mitch McConnell Stepping Down

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cca1ec91-c3ac-438b-ac87-b124012c9562/transcript

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to U.S GDP data and a tech outlook for 2026.
In the UK – a look at UK politics and what 2026 may hold in store for Prime Minister Keir Starmer.
In Asia – a look ahead to the challenges facing China’s economy in 2026.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to U.S GDP data and a tech outlook for 2026.</li>
<li>In the UK &ndash; a look at UK politics and what 2026 may hold in store for Prime Minister Keir Starmer.</li>
<li>In Asia &ndash; a look ahead to the challenges facing China&rsquo;s economy in 2026.</li>
</ul>

Daybreak Weekend: US GDP, UK Politics, China Eco

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3798e09c-c278-4a77-968e-b3b8013703a7/transcript

On today's podcast:
1) Officials have found the dead body of the suspected shooter in a Brown University rampage and the murder of a Massachusetts Institute of Technology professor in his Boston-area home. The suspected shooter — Claudio Manuel Neves Valente, a 48-year-old Portuguese national who was a former student at Brown — took his own life, Providence Chief of Police Oscar Perez said at a press briefing on Thursday night. Meantime, the Trump administration halted the US green card lottery program, which it said was used by the suspect. Homeland Security Secretary Kristi Noem said in a post on X that she’s asking US Citizenship and Immigration Services to pause the lottery, officially known as the Diversity Immigrant Visa Program.
2) A trove of Justice Department records tied to Jeffrey Epstein is set for release Friday, part of a long-awaited public reckoning over the convicted sex offender’s ties to elites and years of alleged abuse. The documents could shed new light on government investigations dating back nearly two decades. President Trump, who had previously resisted efforts to unseal the files, signed legislation last month mandating their release, while the Justice Department has yet to specify a time for publication.
3)  European Union leaders have agreed to loan Ukraine €90 billion ($106 billion) for the next two years in a bid to strengthen Kyiv’s hand at the negotiating table and keep the war-torn country afloat. The EU will fund the loan through joint debt raised on the capital markets and backed by the bloc’s budget, a significant pivot from the preferred plan to use Russian assets frozen on European soil. The decision came early Friday morning after marathon talks at a summit in Brussels. Ukraine won’t need to repay the loan until Moscow compensates Kyiv with reparations — and in the meantime, the Russian assets will remain immobilized in the EU.

On today's podcast: 1) Officials have found the dead body of the suspected shooter in a&nbsp;Brown&nbsp;University&nbsp;rampage and the murder of a&nbsp;Massachusetts Institute of Technology&nbsp;professor in his Boston-area home.&nbsp;The suspected shooter &mdash; Claudio Manuel Neves Valente, a 48-year-old Portuguese national who was a former student at&nbsp;Brown&nbsp;&mdash; took his own life, Providence Chief of Police Oscar Perez said at a press briefing on Thursday night. Meantime, the Trump administration halted the US green card lottery program, which it said was used by the suspect. Homeland Security Secretary&nbsp;Kristi Noem&nbsp;said in a&nbsp;post on X&nbsp;that she&rsquo;s asking US Citizenship and Immigration Services to pause the lottery, officially known as the&nbsp;Diversity Immigrant Visa Program. 2) A trove of Justice Department records tied to Jeffrey Epstein is set for release Friday, part of a long-awaited public reckoning over the convicted sex offender&rsquo;s ties to elites and years of alleged abuse. The documents could shed new light on government investigations dating back nearly two decades. President Trump, who had previously resisted efforts to unseal the files, signed legislation last month mandating their release, while the Justice Department has yet to specify a time for publication. 3) &nbsp;European Union leaders have agreed to loan Ukraine &euro;90 billion ($106 billion) for the next two years in a bid to strengthen Kyiv&rsquo;s hand at the negotiating table and keep the war-torn country afloat. The EU will fund the loan through joint debt raised on the capital markets and backed by the bloc&rsquo;s budget, a significant pivot from the preferred plan to use Russian assets frozen on European soil. The decision came early Friday morning after marathon talks at a summit in Brussels. Ukraine won&rsquo;t need to repay the loan until Moscow compensates Kyiv with reparations &mdash; and in the meantime, the Russian assets will remain immobilized in the EU.

Trump Suspends US Green Card Lottery After Brown, MIT Attacks; DOJ Faces Epstein Files Deadline

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/43e00754-1d38-4020-b069-b3b800abf9db/transcript

On today's podcast:
1) President Trump looked to reassure Americans concerned about the rising cost of living by announcing plans to award a special holiday payment to military service members and roll out new housing reforms in the new year. Trump announced the plans Wednesday during a prime-time address from the White House, which he used to extol his accomplishments from his first year back in the White House and convince voters they should still blame his predecessor for persistent economic anxieties. Trump’s biggest announcement was a move to award service members $1,776 payments, a decision that should provide a holiday boost to 1.45 million Americans.
2) The US has approved a package of arms sales to Taiwan worth up to $11 billion — one of its biggest ever — a move that drew criticism from Beijing. The approvals announced late Wednesday by the State Department cover a broad range of equipment, including missiles, drones and artillery systems aimed at strengthening the democracy’s defenses. The package includes the High Mobility Artillery Rocket System, or HIMARS, valued at up to $4.05 billion and howitzer guns worth about $4 billion. The total value of the weaponry is up to $11.154 billion, according to a statement from Taiwan’s Defense Ministry. The State Department said that the final amount would be lower depending on factors such as budget authority and military needs. Chinese Foreign Ministry spokesman Guo Jiakun later said his nation “strongly opposes and condemns” the US arms sale. 
3) European Union leaders will try to overcome staunch resistance to both a funding plan for Ukraine and a massive trade deal with South America during a summit in Brussels starting Thursday — insisting that the bloc’s reputation is on the line. The gathering has taken on unusually high stakes as the EU is up against deadlines on both fronts. Officials say the EU’s Ukraine funding plans could fall apart if no agreement is found at the summit, forcing everyone back to the drawing board. And the trade pact with the Mercosur bloc — Argentina, Brazil, Paraguay and Uruguay — may enter a prolonged freeze if the EU can’t approve it before a tentative signing ceremony on Saturday

On today's podcast: 1) President&nbsp;Trump&nbsp;looked to reassure Americans concerned about the rising cost of living by announcing plans to award a special holiday payment to military service members and roll out new housing reforms in the new year. Trump announced the plans Wednesday during a prime-time address from the White House, which he used to extol his accomplishments from his first year back in the White House and convince voters they should still blame his predecessor for persistent economic anxieties. Trump&rsquo;s biggest announcement was a move to award service members $1,776 payments, a decision that should provide a holiday boost to 1.45 million Americans. 2) The US has approved a package of arms sales to Taiwan worth up to $11 billion &mdash; one of its biggest ever &mdash; a move that drew criticism from Beijing. The approvals&nbsp;announced&nbsp;late Wednesday by the State Department cover a broad range of equipment, including missiles, drones and artillery systems aimed at strengthening the democracy&rsquo;s defenses. The package includes the High Mobility Artillery Rocket System, or HIMARS, valued at up to $4.05 billion and howitzer guns worth about $4 billion. The total value of the weaponry is up to $11.154 billion, according to a&nbsp;statement&nbsp;from Taiwan&rsquo;s Defense Ministry. The State Department said that the final amount would be lower depending on factors such as budget authority and military needs. Chinese Foreign Ministry spokesman&nbsp;Guo Jiakun&nbsp;later said his nation &ldquo;strongly opposes and condemns&rdquo; the US arms sale.&nbsp; 3) European Union&nbsp;leaders will try to overcome staunch resistance to both a funding plan for Ukraine and a massive trade deal with South America during a summit in Brussels starting Thursday &mdash; insisting that the bloc&rsquo;s reputation is on the line. The gathering has taken on unusually high stakes as the EU is up against deadlines on both fronts.&nbsp;Officials say the EU&rsquo;s Ukraine funding plans could fall apart if no agreement is found at the summit, forcing everyone back to the drawing board. And the trade pact with the Mercosur bloc &mdash; Argentina, Brazil, Paraguay and Uruguay &mdash; may enter a prolonged freeze if the EU can&rsquo;t approve it before a tentative signing ceremony on Saturday

Trump Targets Price Anxiety in Primetime Address; US Approves $11 Billion Arms Sale to Taiwan

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c98eb46d-54c8-4d85-9d7d-b3b700b0bf5d/transcript

BREAKING NEWS: Mitch McConnell Stepping Down

In 1 playlist(s)

Bloomberg Daybreak: US Edition

Social links

Follow podcast

Recent clips