>> THIS IS "BALANCE OF POWER." LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON, DC STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER." I'M JOE MATHIEU.TONIGHT, ONE STEP CLOSER TO THE RELEASE OF THE EPSTEIN FILES. >> WE FOUGHT THE PRESIDENT, THE ATTORNEY GENERAL, THE FBI DIRECTOR, THE SPEAKER OF THE HOUSE, AND THE VICE PRESIDENT TO GET THIS WIN. >> THESE WOMEN HAVE FOUGHT THE MOST HORRIFIC FIGHT THAT NO WOMAN SHOULD HAVE TO FIGHT.THEY DID IT BY BANDING TOGETHER AND NE ...

We're getting closer to the end of the year. Have you started the interviews for the Fed chair. >> Yes.>> Who have you interviewed. >> I think I already know my choice. >> Who is it.>> Well, I liked him, but he's not going to take the job. He refused. You like Treasury better, right.>> Much better, sir. Uh so we are talking to various people and uh the I mean frankly I'd love to get the guy currently and they're out right now but people are holding me back. He's done a terrible job uh hurting housing a litt ...

Not only has the discharge petition aimed at releasing the Epstein files passed the House in a 427 to1 margin, but the United States Senate has already agreed unanimously. And this announcement has just come with a red headline on the terminal to pass that bill to clear that bill as it is written as soon as it arrives in the Senate. It will then be sent to President Trump for his signature.This effectively checks both boxes on Capitol Hill. having seen that overwhelming victory to pass the discharge petitio ...

This is balance of power on Bloomberg TV and radio alongside Laura Davison. I'm Joe Matthew in Washington with breaking news. If you're just joining us.Not only has the discharge petition aimed at releasing the Epstein Files passed the House in a 427 to 1 margin, but the United States Senate has already agreed unanimously, and this announcement has just come with a red headline on the terminal to pass that bill, to clear that bill as it is written, as soon as it arrives in the Senate. It will then be sent t ...

there's a talent war for new talent coming into companies that have what I would call AI native or AI real skills coming in and I actually I know I've seen the data that you know for younger people coming out of college the job market has been very very difficult and I think we're in this little bit of a bridge because the next generation coming in give it a few more years they have grown up with these tools just the way the prior generation my daughters are 23 they grew up in a mobile environment this next ...

Legislative Outlook - Senate passage is highly probable, given overwhelming support and presidential endorsement [1][2] - The President is expected to sign the bill into law [2] Potential Obstacles - The Department of Justice (DOJ) could delay or obstruct the release of information, citing an ongoing investigation [2] - Concerns exist regarding the bill's impact on criminal justice procedure, with one House member voting against it due to perceived abandonment of 250 years of procedure [3][4] Political Dynamics - The President has directed the DOJ to investigate Democrats, including Bill Clinton [2] - A Republican House member, Clay Higgins of Louisiana, opposed the bill, citing fundamental flaws [3][4]

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. It starts now.Carol Massar, Tim Stenovec joined us from the radio booth. Welcome to our audiences across all of our Bloomberg platforms, including our partnership with YouTube. A very consequential day in markets on a very consequential week.A big focus on earnings, a big focus on geopolitics in Washington, and of course, a big focus ...

AI Impact on Business - AI is accelerating change faster than previously experienced [1] - Only 5% of companies are seeing AI's impact on their Profit and Loss (PNL), while over 65% are reporting AI initiatives [3] - 2026 is expected to be a year where AI's impact materializes in companies, both on the cost and efficiency side, as well as on revenue growth [3] - Companies are focusing on upskilling and retraining their workforce for AI utilization [4] - Companies are shifting from having an AI strategy to defining their strategy in an AI-driven world, impacting every function and workflow [5] - AI presents opportunities for both efficiency gains (with fewer people or increased production) and generating new revenue streams [7] Marketing & Consumer Engagement - Companies like Coca-Cola are reimagining their marketing workflows with AI for more targeted messaging [8] - Human involvement remains critical in AI-driven campaigns to ensure brand resonance [9][10][11] - 20% of purchase decisions are being driven by "limbs" (unclear what this refers to, needs clarification), emphasizing the importance of brand discovery and emotional resonance [13] Workforce & Talent - Companies are aiming to use AI to automate monotonous tasks, freeing up talent for more value-added and creative work [15] - There is a talent war for individuals with AI-native skills [15] - The next generation is growing up with AI skills, suggesting a future easing of talent shortages [16][17] Supply Chains & Tariffs - Supply chains were significantly impacted during COVID-19, prompting companies to rethink their dependence on China and consider diversification or onshoring [20] - Companies are conducting scenario planning to understand the potential impact of tariffs [20] - There is hope that the White House will consider the impact of tariffs on both companies and consumers [20][21] CEO Succession Planning - CEO succession is considered one of the most important responsibilities of a board of directors [22] - A thorough process involving a broad range of internal and external candidates is crucial [23][25] - Boards should look at succession planning not just at the CEO level, but also at the executive leadership team and one or two levels below [27]

Texas. The Texas redistricting map has been thrown out by a judge. Texas cannot use this new redrawn map uh drawn by Republicans in hopes of generating what another five uh additional Republican House seats.This is from a panel of three judges just ruling today. A massive blow to President Trump's efforts to redraw the congressional map. And it of course follows Prop 50 passing in California that you know a thing or two about.Uh Jane Harmon is are we gonna find that Gavin Newsome actually has the upper hand ...

Redistricting Implications - The Texas redistricting decision could have major implications for the 2026 midterm elections [1][2][3] - California voters overwhelmingly approved new congressional lines that could net Democrats up to five more seats in the next year's House election [3] - The redistricting situation in Texas is unusual because it's happening outside the typical ten-year census cycle [4][5] Legal and Political Responses - The Texas redistricting decision is expected to be appealed, potentially reaching the Supreme Court [1] - Gavin Newsom stated California would "fight fire with fire," indicating a potential retaliatory approach to redistricting [4] - The courts are likely to expedite these redistricting cases due to the upcoming midterm elections [5] Midterm Election Impact - The redistricting process needs to be resolved quickly because voting is happening soon, with primaries in Texas in March [6][7] - The redistricting may influence candidates' decisions on whether to run again [7]