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The Crypto-Treasury Dream Unravels After a 90% Stock Plunge

Bloomberg's Maria Clara Cobo joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." The business model of launching a public company to buy crypto is falling apart. As a result, those in the queue to do so through blank-check companies are facing pressure from investors against a market backdrop that is fiercely unfriendly.

Read more: The Crypto-Treasury Dream Unravels After a 90% Stock Plunge
Bloomberg

We Can't Use The Strategic Petroleum Reserve For Political Purposes Says Mike Sommers

Mike Sommers, president of the American Petroleum Institute, joined Balance of Power to discuss the American Energy Security Framework. Sommers said the nation's Strategic Petroleum Reserve is "in desperate need of upgrading."

Read more: We Can't Use The Strategic Petroleum Reserve For Political Purposes Says Mike Sommers
Bloomberg

NYC Heads to Polls With Democrats Split Over Age, AI, Israel

New York City is experiencing a highly contested Congressional primary season with a number of hotly contested races. The primaries will test the political strength of New York City Mayor Zohran Mamdani, who has endorsed several insurgent candidates against Democratic stalwarts, and will speak to demographic and generational shifts within the party. Daniel Squadron, former New York State Senator (D) and co-founder of The States Project, author of the new book "The Fourth Branch" joins to discuss on Balance of Power.

Read more: NYC Heads to Polls With Democrats Split Over Age, AI, Israel
Bloomberg

Trump Says Iran's Unfrozen Funds to Remain Under US Control

President Donald Trump said Iran will only be able to use funds released from frozen accounts to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that both sides say are making progress.  Brett Bruen, President of the Global Situation Room and former White House Director of Global Engagement joined Balance of Power to discuss.

Read more: Trump Says Iran's Unfrozen Funds to Remain Under US Control