Dems, GOP Evaluate 2026 Midterm Roadmap | Balance of Power 08/12/2026

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, Former Minnesota Governor Tim Pawlenty analyzes recent GOP primary results, including the defeat of Trump-endorsed Mike Lindell in the Minnesota governor's race. Representative Mark Pocan (D-WI) discusses the closely contested Democratic gubernatorial primary, where David Crowley narrowly edged out Francesca Hong by a margin of just a few thousand votes. Robert Malley, Former U.S. Special Envoy for Iran, now President Emeritus and Program Director for the Middle East and North Africa of the International Crisis Group, says that the situation with the Strait of Hormuz could be indefinite or even permanent. Chapters: 00:01:43 Bloomberg’s Jeff Mason on Karoline Leavitt Leaving the White House 00:04:48 Bloomberg’s Michael McKee on Inflation Cools & What It Means for the Fed 00:08:27 Former Minnesota Gov. Tim Pawlenty on the GOP & Midterms 00:12:02 Former Minnesota Gov. Tim Pawle

Tags: Darline Graham, David Crowley, Democrat, Democratic Socialism, Donald Trump, Energy, Francesca Hong, Gas Prices, Iran, Kailey Leinz, Mark Pocan, Michael McKee, Midterms, Mike Lindell, Minnesota, Oil, Peggy Flanagan, Primary, Republicans, Roger Fisk

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