Balance of Power

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 Washington Correspondent Tyler Kendall. Sarah Krissoff Partner at Cozen O'Connor, and Former-Federal Prosecutor with the Southern District of New York Jeanne Sheehan Zaino, Democracy Visiting Fellow at Harvard Kennedy School's Ash Center and Bloomberg Politics Contributor & Lisa Camooso Miller, Senior Vice President at ROKK Solutions, Former RNC Spokesperson and Republican Strategist Norah Mulinda, Bloomberg Television Markets Correspondent See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald 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.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: Republican Congressman Jodey Arrington of Texas, House Budget Committee Chairman. Groundwork Collaborative Managing Director Liz Pancotti. Bloomberg Washington Correspondent Tyler Kendall. Democratic Congresswoman Sarah Elfreth of Maryland. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. Bloomberg National Security Reporter Jamie Tarabay. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Four Republican lawmakers have signed onto House Democrats’ effort to force a vote on a three-year clean extension of Affordable Care Act subsidies, an act of defiance against GOP leaders as moderates grow frustrated over health care.Three Pennsylvania Republicans — Reps. Brian Fitzpatrick, Rob Bresnahan, and Ryan Mackenzie, along with New York’s Mike Lawler, signed Democrats’ discharge petition on the three-year bill. Democratic Leader Hakeem Jeffries (N.Y.) is helming the effort.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 Washington Correspondent Tyler Kendall. Democratic Congressman Suhas Subramanyam of Virginia. Stonecourt Capital Partner Rick Davis and Bellwether Government Affairs CEO Arshi Siddiqui. Ipsos US Public Affairs Chair Cliff Young. Bloomberg Markets Live Blog Managing Editor Kristine Aquino. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Speaker Mike Johnson will block a push by moderate House Republicans for a vote on renewing expiring Obamacare subsidies, quashing a last-ditch effort to head off a spike in insurance premiums for more than 20 million Americans.The Republican speaker’s decision guarantees enhanced Affordable Care Act premium credits expire at the end of the year. Democrats have made clear the congressional Republicans’ refusal to extend the subsidies will figure prominently in a midterm congressional campaign focusing on the high cost of living.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: Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Bluestack Strategies Founder Maura Gillespie. Republican Congressman Jason Smith of Missouri, Chairman of the House Ways and Means Committee. Bloomberg Intelligence Senior Commodities Strategist Mike McGlone. Former California Congresswoman Jane Harman. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Volodymyr Zelenskiy signaled that Ukraine could accept security guarantees from the US and Europe as a way to prevent future Russian aggression, and substitute for its long-term goal of joining NATO.   Ukraine’s leader met at Germany’s Federal Chancellery in Berlin on Sunday with a US delegation led by Special Envoy Steve Witkoff and Jared Kushner, President Donald Trump’s son-in-law, along with several national security advisers from Europe.  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 Congressional Reporter Erik Wasson. AEI Nonresident Senior Fellow Heather Conley. Republican Congressman Troy Downing of Nebraska. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

A potential President Donald Trump presidential order that would reclassify marijuana from Schedule I to Schedule III and the impact it has on equities and ETFs in the marijuana space was a key highlight of Bloomberg Intelligence's Washington Policy Pulse on Dec. 15. The AdvisorShares Pure US Cannabis ETF, tickered MSOS, is up nearly 60% on the news. Yet we caution that Trump doesn't have the unilateral authority to reclassify the drug but rather will have to direct the Department of Justice to restart a lengthy process to do so. We also discussed a forthcoming proposal related to stablecoins as well as our 2026 outlooks for Washington.The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registrationThis is the final Washington Policy Pulse of 2025. The call will be back on Monday, January 5.See omnystudio.com/listener for privacy information.

Joining the discussion are Adam Farrar, a Senior Geoeconomics Analyst at Bloomberg Economics, who tackles the complexities of the recent tanker seizure and its implications for Venezuela’s oil routes. Congressman Jim McGovern details his bipartisan War Powers resolution while critiquing oil-centric policies. Rick Davis and Jeanne Sheehan Zaino analyze the redistricting challenges in Indiana, revealing GOP dynamics and electoral strategies that reflect on broader national trends. Their insights unpack the political landscape as it shifts in response to pressure from various fronts.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The Senate rejected a pair of partisan measures addressing the impending expiration of Obamacare subsidies, setting up a Jan. 1 spike in health insurance premiums for more than 20 million Americans.With only a few days left before lawmakers leave for their Christmas break and few signs of life in stalled bipartisan negotiations, the failure Thursday of the dueling partisan plans all but guarantees the expiration of enhanced Affordable Care Act tax credits initiated during the pandemic era.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 Washington Correspondent Tyler Kendall. Democratic Congressman Brendan Boyle, Ranking Member of the House Budget Committee. Republican Congresswoman Nicole Malliotakis of New York. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said people were “starting to learn” the benefits of his tariff regime as he sought to convince voters his administration was moving to address affordability concerns, taking to the road in hopes of countering a mounting political vulnerability.Trump, who is resuming domestic political travel after months without holding a rally, allowed that he “got a lot of heat” over his sweeping levies on foreign imports, with political opponents seizing on the program to argue tariffs have increased consumer prices and inflation. 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: Arbroath Group Founder and Managing Partner Christopher Smart. Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino. KISS Singer and Songwriter Gene Simmons. See omnystudio.com/listener for privacy information.

Nathan Dean, a senior policy analyst at Bloomberg Intelligence, dives into key legislative developments impacting health care and agriculture. He discusses the Senate's vote on extending Obamacare subsidies amid political gridlock. Dean also unveils a proposed $12 billion farm aid package aimed at capital expenditures. The episode touches on the regulatory future of crypto, highlighting stablecoin rules and potential shifts in the market structure. Plus, insights on the Trump administration's AI executive order and implications for the Netflix–Warner merger keep listeners engaged.