On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the Middle East. On today's show, Beacon Global Strategies Managing Director Michael Allen, ROKK Solutions Partner Kristen Hawn, Bluestack Strategies Founder Maura Gillespie and Assistant US Attorney General for Civil Rights Harmeet Dhillon. Chapters 00:00:00 Radio Balance of Power: Early Edition 00:01:53 Trump Scales Back South Korea Military Exercises 00:02:29 Market Update: Iran Risks vs. AI Rally 00:04:22 Iran Ceasefire Period Ends with No New Talks 00:05:54 White House on Iran, Oman & the Strait of Hormuz 00:07:30 Xi Jinping's White House Visit Confirmed 00:08:23 U.S. Military Posture in Asia & North Korea 00:10:01 Iran, South Korea & Trump's Foreign Policy 00:10:34 Michael Allen on the Iran Waiting Game 00:14:44 Is the U.S. Preparing for More Military Action? 00:19:03 Market Update: AI, Oil & Iran War Risks 00:20:57 Democrats Reshape the 2028 Primary Calendar 00:23:00 Political Panel on South Carolina, Iowa & New Hampshire 00:25:59 Could Iowa Swing Democratic? 00:27:13 Alaska Senate Race & Kamala Harris Endorsement 00:30:32 Kamala Harris & the 2028 Democratic Field 00:32:32 Market Update: Anthropic, Oil & Snap 00:34:10 Beef Prices Hit Consumers 00:35:52 Why Beef Prices Could Keep Rising 00:40:02 Harmeet Dhillon on Trump's DOJ Priorities 00:42:28 DOJ Plans for the 2026 Midterms 00:44:17 Election Security & Foreign Threats 00:45:21 Noncitizen Voting & Voter Roll Disputes -------- 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