Trump Signals US Will Tap Oil Reserve | Balance of Show 03/11/2026

Posted on 03/12/2026
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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Republican Senator Rand Paul of Kentucky speaks about the costs of war, ICE agents wearing masks, and confirming Markwayne Mullin as the next Homeland Security secretary. Democratic Senator Elissa Slotkin signals she won’t support supplemental funding for the Pentagon without a clearer breakdown of how existing defense dollars are being spent. Senator Tina Smith (D) Minnesota discusses needing ICE to change their tactics in order to reopen DHS and shares the latest on the Senate housing bill.



Chapters:

00:00:00 - Balance of Power: Late Edition Starts

00:01:38 - Jeff Mason on Pres. Trump Talks About Oil Prices Coming Down, Trump Sending Conflicting Signals

00:03:42 - Sen. Rand Paul (R-KY) on War With Iran, War Powers Act, Costs of War, ICE Agents & Masking

00:16:17 - Power Moves: Top Financial Stories of the Day

00:18:18 - Sen. Elissa Slotkin (D) Michigan Talks Supplemental Funding, Cost of War, New Era Of Warfare, Latest on DHS

00:26:40 - Sen. Tina Smith (D-MN) on Cost of War, Supplemental Funding, DHS & ICE, Senate Housing Bill

00:35:12 - Michael Shepard on Pro-Iran Group Takes Credit for Stryker Hack

00:38:21 - Power Brief: Top Stories Watching Tonight

00:40:33 - Political Panel React to Pres. Trump on Affordability Tour, Trump Calls Out Rep. Massie, DHS Shutdown Latest, SAVE Act

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