On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discusses the latest from DC. On today's show, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Chairman of Advancing American Freedom and Patrick McHenry, former Republican Congressman from North Carolina and former House Financial Services Committee Chairman. Tyler Kendall also sits down with John Jovanovic, President and Chairman of the Export-Import Bank of the United States. Chapters 00:00:00 Balance of Power: Early Edition  00:00:02 Market Update: Chip Stocks Slide, Indexes Mixed 00:04:20 Congress Debates Iran War Funding 00:06:30 Defense Innovation Summit & AI Exports 00:10:50 Project Volt & Securing Critical Minerals 00:14:45 Institutional Independence Under Scrutiny 00:17:10 Iran Conflict: Escalation Risks Grow 00:20:20 Oil Prices, Sanctions & Economic Statecraft 00:25:30 Market Update: Tech Weakness, Apple Gains 00:26:00 Political Panel on Iran & Data Center Moratoriums 00:31:50 Trump Criticizes New York's AI Data Center Ban 00:35:55 Market Update: SpaceX, Semiconductors & Air Quality 00:38:20 Aspen Security Forum on the Iran Conflict 00:43:15 Patrick McHenry on Defense Spending & Congress 00:47:10 Crypto Regulation, the CLARITY Act & Ethics Debate 00:49:40 Will Congress Avoid a Government Shutdown? -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts