Treasury Secretary Scott Bessent delivered remarks to kick off the week, announcing a plan to to sever Iran from the global economy and threatening all nations to cut ties with Iran. A panel of Bloomberg experts -- Chief US Interest Rate Strategist Ira Jersey, Economics & Policy Correspondent Mike McKee, and Senior National Political Correspondent Nancy Cook -- react to Bessent's remarks, including the plan for bond buybacks next month. Then, TerraPower CEO Chris Levesque, discusses his company's plan to build a second nuclear power plant in the US this year. Plus, Bloomberg News Toronto Bureau Chief Melissa Shin breaks down President Trump's latest tariff actions on Canada and threats to escalate the trade fight.
Chapters
00:00:00 Bloomberg Businessweek Daily
00:01:54 Market Update: Stocks, Oil & Semiconductors
00:03:45 Bessent's Campaign to Isolate Iran
00:05:10 Can New Sanctions Actually Change Iran's Behavior?
00:07:46 Treasury Buybacks & the Bond Market
00:10:03 Economy, Midterms & Voter Concerns
00:11:02 Kevin Warsh Heads to Jackson Hole
00:13:12 Iran Sanctions, Oil Prices & Affordability
00:14:15 Can Treasury Buybacks Bring Rates Down?
00:17:19 What Voters Want to See From the Economy
00:20:54 TerraPower's Nuclear Push for Data Centers
00:23:35 AI Demand Drives a New Nuclear Buildout
00:25:03 How Big Tech Is Changing Nuclear Financing
00:28:10 When Will Nuclear Power Get Cheaper?
00:29:40 Data Centers' Growing Need for Clean Power
00:32:36 Market Update: Semiconductors & Oil
00:34:25 Canada Prepares to Retaliate Against U.S. Tariffs
00:35:36 U.S.-Canada Trade Talks Break Down
00:37:56 Economic Impact of Canada's Tariff Fight
00:39:15 Mark Carney's Political Support in Canada
00:42:36 Market Check: Nvidia & Semiconductor Selloff
00:43:42 Stock Movers: Expedia & Canada Goose
00:46:04 Hims & Hers Drops on Customer Complaints
--------
More on Bloomberg Television and Markets
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Chapters
00:00:00 Bloomberg Businessweek Daily
00:01:54 Market Update: Stocks, Oil & Semiconductors
00:03:45 Bessent's Campaign to Isolate Iran
00:05:10 Can New Sanctions Actually Change Iran's Behavior?
00:07:46 Treasury Buybacks & the Bond Market
00:10:03 Economy, Midterms & Voter Concerns
00:11:02 Kevin Warsh Heads to Jackson Hole
00:13:12 Iran Sanctions, Oil Prices & Affordability
00:14:15 Can Treasury Buybacks Bring Rates Down?
00:17:19 What Voters Want to See From the Economy
00:20:54 TerraPower's Nuclear Push for Data Centers
00:23:35 AI Demand Drives a New Nuclear Buildout
00:25:03 How Big Tech Is Changing Nuclear Financing
00:28:10 When Will Nuclear Power Get Cheaper?
00:29:40 Data Centers' Growing Need for Clean Power
00:32:36 Market Update: Semiconductors & Oil
00:34:25 Canada Prepares to Retaliate Against U.S. Tariffs
00:35:36 U.S.-Canada Trade Talks Break Down
00:37:56 Economic Impact of Canada's Tariff Fight
00:39:15 Mark Carney's Political Support in Canada
00:42:36 Market Check: Nvidia & Semiconductor Selloff
00:43:42 Stock Movers: Expedia & Canada Goose
00:46:04 Hims & Hers Drops on Customer Complaints
--------
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
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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