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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Joseph Lavorgna, SMBC Americas Chief Economist, states “they did what they were suppose to do” when sharing his thoughts on the Federal Reserve opting to keep interest rates steady. Nadhim Zahawi, former UK Chancellor of the Exchequer, shares his thoughts on President Trump criticizing UK Prime Minister Keir Starmer for not being more supportive of the US’ efforts when it comes to Iran. Sen. Ron Johnson of Wisconsin (R) discusses the rising cost of US involvement in Iran, the ongoing DHS funding standoff, and the path forward for the SAVE America Act. Chapters: 00:00:00 - Balance of Power: Late Edition Begins 00:01:53 - Michael McKee on Federal Reserve Holds Rates Steady, How Fed Is Reacting to Oil Prices 00:04:31 - Joseph Lavorgna, SMBC Americas Chief Economist, on Reaction to Fed Holding Rates, How Long Can US Economy Withstand High Oil Prices 00:14:50 - Nadhim Zahawi, Fmr. UK Chancellor of the Exchequer, on Middle East Conflict, Does UK Need to Get More Involved 00:24:38 - Becca Wasser on The Various Strikes in Middle East as Conflict Continues 00:27:20 - Sen. Ron Johnson (R-WI) on Iran Costs, DHS Funding, SAVE Act Latest 00:36:45 - Jeff Mason on Reports Saying Pres. Trump Wants No More Strikes On Iran Energy 00:39:02 - Political Panel React to Hearing of Sen. Markwayne Mullin, Reaction to Tulsi Gabbard Hearing, Results From Illinois Senate Primary -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts