On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from DC. On today's show, Senator Mark Kelly (D-AZ), Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Republican Congressman Tim Burchett of Tennessee. Chapters: 00:00:00 Radio Balance of Power: Early Edition 00:02:26 Markets: Treasury Yields Surge Above 5% 00:04:51 Trump-Xi Summit: Trade, Iran & AI 00:05:29 Mark Kelly's Plan to Protect Workers From AI 00:08:11 U.S.-China AI Competition & Security 00:09:30 China, Russia & Iran 00:11:47 Diesel Prices & the Iran War 00:14:14 Political Panel: AI, Jobs & Washington 00:18:59 Markets: Diesel Export Ban & Rising Oil 00:20:12 Microsoft Expands Its Gulf Investment 00:24:05 AI Safety & Slowing Frontier Models 00:25:08 Who Should Control the AI Kill Switch? 00:27:16 Microsoft, OpenAI & Independent AI Evaluators 00:29:02 Brad Smith on AI Ethics & Safety 00:30:54 Data Centers, Energy & Microsoft's Climate Goals 00:35:38 Should AI Development Slow Down? 00:38:04 AI Safety vs. Competition With China 00:41:08 Trump-Xi Summit: What to Expect 00:43:25 White House Weighs Diesel Export Ban 00:44:47 Tim Burchett Pushes Diesel Export Controls 00:50:48 Treasury Yields, Debt & Government Spending -------- 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