"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Commodity Futures Trading Commission Chairman Michael Selig weighs in on prediction markets, insider trading enforcement and the outlook for crypto legislation. Port of Los Angeles Executive Director Gene Seroka says shipping firms are taking a "wait and see" approach to US efforts to reopen the Strait of Hormuz. Representative Adam Smith (D-WA), Ranking Member of the House Armed Services Committee, criticizes the administration's Iran strategy. They all speak from the Milken Institute Global Conference in Beverly Hills, California.
Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:02:48 - Courtney Subramanian Talks Latest On Operation Project Freedom, White House Considering Vetting AI Models Before Release
00:05:32 - Michael Selig, CTFC Chairman, on Prediction Markets, Insider Trading Enforcement, and the Outlook for Crypto Legislation
00:11:51 - Power Moves: Top Financial Stories of the Day
00:16:02 - Gene Seroka, Port of Los Angeles Executive Director, Discusses US Efforts to Reopen Strait of Hormuz, Impact War Has on Import of Goods
00:24:30 - Colonel Wayne Sanders on Project Freedom & Will Operation Work, Iran Attacks UAE for First Time Since Truce
00:28:36 - Rep. Adam Smith (D-WA) on Project Freedom, Criticizes Trump Admin’s Iran Strategy, War Powers Vote
00:36:40 - Scott Turner, US Sec. of Housing & Urban Development, on the Trump Administration’s Plans to Making Home Buying More Affordable
00:39:57 - Political Panel React to Pres. Trump Announces Project Freedom, Potential Impact of Gas Prices With Midterms, Redistricting Battle
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Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:02:48 - Courtney Subramanian Talks Latest On Operation Project Freedom, White House Considering Vetting AI Models Before Release
00:05:32 - Michael Selig, CTFC Chairman, on Prediction Markets, Insider Trading Enforcement, and the Outlook for Crypto Legislation
00:11:51 - Power Moves: Top Financial Stories of the Day
00:16:02 - Gene Seroka, Port of Los Angeles Executive Director, Discusses US Efforts to Reopen Strait of Hormuz, Impact War Has on Import of Goods
00:24:30 - Colonel Wayne Sanders on Project Freedom & Will Operation Work, Iran Attacks UAE for First Time Since Truce
00:28:36 - Rep. Adam Smith (D-WA) on Project Freedom, Criticizes Trump Admin’s Iran Strategy, War Powers Vote
00:36:40 - Scott Turner, US Sec. of Housing & Urban Development, on the Trump Administration’s Plans to Making Home Buying More Affordable
00:39:57 - Political Panel React to Pres. Trump Announces Project Freedom, Potential Impact of Gas Prices With Midterms, Redistricting Battle
--------
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
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X: https://twitter.com/BloombergTV
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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