"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Marc Short, former Chief of Staff for Vice President Mike Pence, weighs in on Elon Musk calling President Trump’s Tax Bill a “disgusting abomination." Senator Tina Smith (D) Minnesota discusses her opposition to the Tax Bill stating costs will go up for most Americans if the legislation is passed. Retired General Wesley Clark, Former NATO Supreme Allied Commander Europe, discusses NATO pushing the European Union to boost air defenses and how quickly this could happen.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:02:11 – Bloomberg’s Erik Wasson on Impact of Elon Musk Calling GOP Tax Bill “Disgusting Abomination”
00:04:40 – Marc Short, Fmr. Chief of Staff of Vice Pres. Mike Pence, on Musk Tax Bill Comment, July 4th Deadline, Tax Bill Timeline
00:12:45 – Bloomberg’s Romaine Bostick on US Labor Market Steady Despite Tariff Uncertainty
00:16:41 – Sen. Tina Smith (D) Minnesota on Tax Bill Changes, Medicaid Cut Concerns, Elon Musk Tax Bill Comment
00:24:55 – Bloomberg’s Nick Wadhams on NATO Pushes Europeans to Boost Air Defenses
00:26:52 – Ret. General Wesley Clark, on NATO Pushes Europe to Boost Air Defenses, How War in Ukraine Shows Modern Warfare Changing
00:34:28 – Meta to Buy Nuclear Power From Constellation to Run Artificial Intelligence
00:36:38 – Bloomberg’s Shery Ahn on What to Know About Lee Jae-Myung Winning South Korea’s Presidential Election
00:40:38 – Political Panel Reaction to Elon Musk Tax Bill Comment, How Democrats Using Musk’s Comment, Tax Bill Changes
——–
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
Author: Bloomberg Television
Go to Source
News post in June 4, 2025, 12:07 am.
Visit Our Sponsor’s:
News Post In – News