“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Democratic Representative Suhas Subramanyam of Virginia says he opposes more data centers in his district, arguing that development has created power and environmental problems and driven up some residents’ utility bills. Jason Furman, former Chairman of the Council of Economic Advisers under President Obama, says higher interest rates are “likely here to stay” as government and businesses compete for capital, with US national debt surpassing $40 trillion.
Chapters:
00:01:20 Bloomberg’s Tyler Kendall on US Canada Tariff Deal Takes Shape
00:05:22 Bloomberg’s Enda Curran on $40 Trillion National Debt and Treasury Buybacks
00:09:07 Bloomberg’s Bill Faries on Florida and Alaska Primary Results
00:16:10 Rep. Suhas Subramanyam (D-VA) on Data Center Expansion
00:19:45 Rep. Suhas Subramanyam (D-VA) on Crypto Legislation and Ethics Concerns
00:21:10 Rep. Suhas Subramanyam (D-VA) on ICE Oversight and Detention Conditions
00:24:31 Power Moves: Top Financial Moves
00:26:46 Jason Furman, Former Chairman of the Council of Economic Advisers Under President Obama, on the $40 Trillion Debt and Interest Rates
00:29:25 Jason Furman on Is the AI Investment Boom a Bubble?
00:31:52 Jason Furman on The Fed’s Balance Sheet and Fiscal Policy
00:35:18 Bloomberg’s Greg Stohr on Supreme Court and the White House Ballroom
00:38:00 Political Panel Reacts: Trump Ballroom, Florida Democratic Socialist’s Primary Victory, Alaska Senate Race Comes Into Focus
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