Blanche Strikes Confirmation Deal With Cornyn, Tillis | Balance of Power 08/03/2026

By Bloomberg Television

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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Ambassador James Jeffrey, Distinguished Fellow at the Washington Institute for Near East Policy and former US Ambassador to Iraq and Turkey, discusses ongoing negotiations between the US and Iran, focusing on President Trump's repeated ultimatums and threats of escalation. Robert McWhirter, founder of the Law Office of Robert McWhirter, says acting attorney general Todd Blanche’s written pledge to terminate the administration’s $1.8 billion anti-weaponization fund is legally unenforceable, arguing that “a pinky swear has far more force.” Chapters: 00:02:33 Bloomberg's Courtney Subramanian on Trump: Want To Give Iran Last Chance Before ‘Decapitation’ 00:06:09 Ambassador James Jeffrey, Distinguished Fellow at the Washington Institute for Near East Policy and former US Ambassador to Iraq and Turkey, on Trump Calls off Strikes on Concern From Gulf Allies 00:08:07 Fmr. Amb. James

Tags: Ambassador, Attorney General, Congress, Courtney Subramanian, DOJ, Diplomacy, Donald Trump, Economy, Erik Wasson, Harvard Kennedy School of Government, IRS, Iran, James Jeffrey, Japan, Jeanine Pirro, Jeanne Shaheen, Joe Mathieu, Kailey Leinz, Michael McKee, Oil

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