Bloomberg
Wall Street's Stamp on Trump Cabinet Is Poised to Grow
Cantor Fitzgerald Chief Executive Officer Howard Lutnick is widely seen as having a clear path to Senate confirmation as Commerce secretary, Bloomberg's Sridhar Natarajan says on "Bloomberg Open Interest." President Donald Trump's...
Bloomberg
Bessent Sees US Economic Crisis if Tax Cuts Not Extended
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said, "Americans are barreling toward an economic crisis at year-end," as he emphasized the importance of extending Trump's tax cuts. Testifying Thursday before the Senate...
Bloomberg
GOP-Led Congress Likely to Move Fast, But Not on Taxes
Republicans in Congress are united on many agenda items, led by immigration, according to Eurasia Group's Jon Lieber, and that tees up the likelihood of fast action. But the details around tax cuts are tricky, and that's why GOP leaders...
Bloomberg
How Senate Leader Mitch McConnell Got His Job
The Senate Majority Leader, a position that is not mentioned in the US Constitution, has evolved over time. It is now one of the most influential roles in all of American government. In this video, with the help of two former leaders,...
Curated Video
What comes next for President-elect Donald Trump's cabinet picks?
Trump and his cabinet appointments now face confirmation tests in the Senate, which are not a guarantee. Lawmakers have shown they're prepared to object to at least some of Trump's appointments. (Scripps News)
Bloomberg
The Federal Deficit (Debate) Is Out of Control
Too much federal spending is at the core of what Congress is fighting over. It's one of the main arguments conservative Republicans used when the government almost shut down in September and for ousting Kevin McCarthy as Speaker.
But...
Bloomberg
Why The Child Care Cliff Is So Bad For The Economy
Working parents face a tough time finding affordable daycare for their kids as pandemic-era subsidies worth $24 billion have expired, affecting 3 million children.
Women's labor force participation, at an all-time high, could be...
Bloomberg
'Gigantic Loss:' Harman Remembers Sen. Feinstein
Former Congresswoman and Chair of the Commission on the National Defense Strategy, Jane Harman, remembers Senator Dianne Feinstein. She speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
'Too Much At Stake:' Rep. Clyburn on Possible Shutdown
Democratic Representative of South Carolina, Jim Clyburn gives his remarks on what he thinks Speaker McCarthy should do to get assistance from House Democrats as the Senate will advance a stopgap measure to prevent the US government from...
Bloomberg
Congress Facing Shutdown, Zelenskiy Seeks Support
Bloomberg's Michael Dorning and Courtney McBride discuss the latest on the possible government shutdown as lawmakers will only have about four days to figure things out when they come back from the weekend. They also give their insight...
Bloomberg
PGA 'Pursued a Peace' With LIV Golf, Says COO Price
PGA Tour Chief Operating Officer Ron Price testifies about the tour's merger agreement with LIV Golf before the Senate Permanent Subcommittee on Investigations on Tuesday.
Bloomberg
Idalia Will Be Devastating: Senator Scott on Hurricane
Republican Senator Rick Scott of Florida discusses the preparation the state of Florida has made in anticipation of Hurricane Idalia, which is expected to hit landfall Wednesday morning. He talks about the need for citizens to evacuate...
Bloomberg
Senator John Cornyn (R) Texas on NDAA
Republican Senator of Texas, John Cornyn, discusses the latest on the NDAA and gives his remarks on why it must pass.
Bloomberg
Protect 'Virtual You': Sen. Blackburn on AI Regulation
Republican Senator of Tennessee, Marsha Blackburn, discusses the latest from Congress on the NDAA, and gives some options on what can be done to fix the military blockade created by Senator Tuberville. She also gives her insight into AI...
Bloomberg
Rep. Kildee on Ukraine-Russia Tensions Escalating
Democratic Representative Dan Kildee of Michigan discusses Speaker Kevin McCarthy opposing a push by Republican lawmakers to expedite more funding for Ukraine since it could interfere with what was agreed upon in the Debt Ceiling Bill....
Bloomberg
Debt Limit Deal Clears Congress
Bloomberg's Steve Dennis and Viktoria Dendrinou discuss the Debt Limit Deal passing in Congress and whether President Biden or Speaker McCarthy got more of out the deal. They also talk about what's next for the US government now that...
Bloomberg
Senate Clears Debt Deal to Avert Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the 2024 election, ending a drama that threatened a global financial crisis. The measure now goes to President Joe Biden to...
Bloomberg
Business Roundtable Calls for Senate Passage
Joshua Bolten, Business Roundtable CEO discusses the debt bill that the Senate is likely to pass and whether or not it's beneficial towards the business community. Bolten also gives his remarks on if the debt ceiling should be...
Bloomberg
Debt-Limit Deal Passes House, Easing US Default Concerns
The House passed debt-limit legislation in a 314-117 bipartisan vote Wednesday evening, sending the measure to the Senate for consideration as a US default deadline draws near. Bill Faries reports on Bloomberg Television.
Follow...
Bloomberg
Debt Bill Passes Procedural Hurdle
Bloomberg's Zach Cohen and Kate Davidson discuss the Debt Bill passing the procedural step and what's next as the House votes on the bill tonight, and how many votes will back Speaker McCarthy and President Joe Biden. Zach Cohen and Kate...
Bloomberg
Sen. Blumenthal's Opening Remarks Created by ChatGPT
US Senator Richard Blumenthal delivered an opening statement at a hearing on AI with text written by OpenAI's ChatGPT and audio generated by a voice application trained on his speeches on the Senate floor. Blumenthal spoke in the Senate...
Bloomberg
Yellen: Americans Can Feel Confident in Bank Deposits
"This week's actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors' savings remain safe." Treasury Secretary Janet Yellen discusses steps taken by the US government to...
Bloomberg
Sen. Rick Scott: Very Disappointed Nothing Happened Today
"I'm very disappointed nothing happened today." Senator Rick Scott, a Republican from Florida, discusses the meeting with President Joe Biden at the White House over the debt ceiling.
Bloomberg
Sen. Mark Warner: This is a Political Hand Grenade
"This is a political hand grenade that unfortunately is now being used as a threat." Senator Mark Warner, a Democrat from Virginia, discusses the debt ceiling meeting with President Joe Biden at the White House. He speaks on Bloomberg...