Balance of Power

French Hill, U.S. Representative who oversees financial services, offers views on Fed nominations and bank oversight. Heather Boushey, economist and former CEA member, discusses Fed independence and monetary policy. Naveen Garishankar, CSIS tech and security lead, covers export controls, AI competition with China, and tech strategy. Short, sharp conversations about confirmation fights, regulatory risks, and safeguarding tech and markets.

Maura Gillespie, Republican strategist and founder of BlueStack Strategies, weighs in on GOP dynamics. Arshi Siddiqui, Democratic strategist and CEO of Bellwether Government Affairs, analyzes political implications. Gregory Meeks, Democratic congressman and Ranking Member on Foreign Affairs, discusses DHS oversight and foreign policy. They debate shutdown-avoiding DHS funding talks, ICE restrictions, Senate defections, and House logistics.

Michael Regan, Bloomberg U.S. Equities managing editor, offers market and AI-capex perspective. Jeannie Shanzano, Harvard Kennedy School visiting fellow, provides Democratic analysis. Rick Davis, Republican strategist at Stonecourt Capital, gives the GOP view. They discuss stalled DHS funding talks after a Minnesota shooting, partisan fights over ICE reforms, Senate negotiating options, and market impacts ahead of Fed Day and earnings.

Mick Mulvaney, former Republican congressman and acting White House chief of staff, offers insider political analysis. Alicia A. Caldwell, Bloomberg immigration reporter, delivers on-the-ground Minneapolis reporting. Panel commentators including Tyler Kendall and David Kochel weigh in. They discuss the administration’s rapid leadership shift, local reaction to ICE and Border Patrol operations, messaging tensions, and political recalibrations in Iowa and Washington.

Robert McWhirter, a constitutional lawyer specializing in criminal defense and civil rights. He discusses the importance of bodycam and cellphone evidence. He examines limits on federal immunity and how protester rights and firearm rules intersect with federal operations. He weighs legal fallout from the Minneapolis ICE shootings and implications for DHS actions.

Nicole Malliotakis, New York congresswoman focused on local readiness and redistricting. Deanne Criswell, former FEMA chief and emergency management expert. Josh Saul, Bloomberg energy reporter on power and fuel markets. They discuss storm impacts on the power grid, prepositioning of federal resources, staffing and institutional knowledge risks, and how energy demand and outages could unfold across regions.

U.S. Representative Andrew Garbarino, Chairman of the House Homeland Security Committee, sheds light on budgetary challenges and bipartisan support for 9-11 responder health funding. Joseph Welch, Executive Director of U.S. Army Transformation, discusses cutting-edge military AI integration and urgent modernization needs. Jeanne Sheehan Zaino analyzes the political dynamics surrounding congressional hearings, offering insights on the GOP's strategies in energizing their base. The conversation takes a timely turn with updates on Zelenskiy's peace talks after meeting Trump in Davos.

Lael Brainard, former Vice Chair of the Federal Reserve, dives into the implications of central bank independence and critiques Trump's economic claims at Davos. She discusses the challenges of housing supply and cautions against politicizing the Fed. Derek Decloet, Bloomberg’s executive editor for Canada, shares insights on Canadian reactions to Trump's Greenland proposal and his NATO remarks, revealing unease about U.S. policy directions amidst broader Canada-U.S. relations.

Tensions mount as Trump heads to Davos and stirs up controversy over Greenland. European leaders express alarm at the administration's rhetoric, revealing their urgency through private communications. Discussions touch on potential EU retaliatory tariffs and market implications, while a panel weighs in on the risks of Trump's negotiation style. The symbolism at Davos serves as a backdrop for political maneuvers, as analysts reflect on the past year's shifts in policy influenced by the president's approach.

Kitty Richards, a Senior Strategic Advisor at Groundwork Collaborative and former Treasury official, dives into pressing issues surrounding affordability proposals and critiques of current policies. She debates the effectiveness of Trump's ideas on housing and warns that tapping into 401(k)s may mostly benefit the wealthy. Richards emphasizes the need to boost housing supply rather than just demand, highlighting risks to market confidence and the importance of stable institutions in supporting a fair economy.