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Trump, Senate GOP at Odds as Midterm Elections Near

Frank Luntz, Pollster and CEO of FIL Inc. joined Balance of Power to discuss the outlook for the Midterm elections post the US Iran War and Trump should expect from his upcoming meeting with Congressional Leaders. After weeks of frustration, the president was invited to come to the Senate GOP's Wednesday lunch meeting. The invitation came not from Thune, but Rick Scott, the more MAGA-aligned senator who had run against Thune for majority leader.

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Bloomberg

Trump Says Iran Will Agree to Have Major Weapons Inspections

"Everybody is fully aware that Iran will agree to have Major Weapons Inspections in order to ensure "Nuclear Honesty" long into the future," President Trump writes in a post on Truth Social. Heather Conley, nonresident senior fellow at the American Enterprise Institute, joined Balance of Power to discuss the recent news from the Middle East. She said Iran is being paid to open the Strait of Hormuz without making concessions on its nuclear program

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Bloomberg

Tech Sector Leads Market Gains

The boom in artificial-intelligence spending is actually accelerating, setting up the rally in tech stocks to continue for at least another couple of quarters, according to Tiffany Wade, a senior portfolio manager at Columbia Threadneedle Investments. She speaks with Ed Ludlow on Bloomberg Television's "Bloomberg Tech."

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Bloomberg

Dennis Lockhart on Greenspan's Legacy, Warsh's Path Ahead

Alan Greenspan, the former Federal Reserve chairman, has died at the age of 100 due to complications of Parkinson's disease. Greenspan served as Fed chief for 18 years, from 1987 to 2006, and was known for guiding a record US economic expansion, but his legacy was later dimmed by the financial crisis that erupted after he stepped down. In a statement on Monday, the Fed said, "Chairman Greenspan's legacy endures at the Federal Reserve in those he mentored directly, in the economists and public servants he inspired, and in the frameworks and practices he helped shape." Dennis Lockhart, former Atlanta Fed President, joins Bloomberg Intelligence Radio to discuss Greenspan's life and legacy, as well as what lies ahead for newly minted Chairman Kevin Warsh.

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Bloomberg

Microsoft, Chevron Sign Power Deal for Texas Data Center

Chevron Corp. signed a 20-year deal with Microsoft Corp. to provide natural-gas fired power for a proposed West Texas data center, which could be one of the biggest in the US. The proposed plant, Project Kilby, is expected to start producing power by 2028 and will ramp up to 2.67 gigawatts over time, Houston-based Chevron said in a statement Monday. That's enough to power more than 530,000 Texas homes. The oil giant, which is collaborating on the development with investment fund Engine No. 1, plans to make a final investment decision later this year. Bloomberg News previously reported the companies were in exclusive talks over a long-term power deal. For more, we speak with Kevin Crowley, Bloomberg News Oil Reporter.

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