US Senate Blocks Clarity Act Crypto Bill
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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Rep. Troy Downing (R-MT) says that proposed $5,000 checks could add to the deficit and fuel inflation as he raises concerns about the plan’s price tag. Rep. Raja Krishnamoorthi (D-IL) says that he expects Leon Black will be held in contempt after the House Oversight Committee panel voted to advance the matter to the full House. Chapters: 00:05:20 Rep. Troy Downing (R-MT) on Treasury Yields and $5,000 Checks 00:07:44 Rep. Troy Downing (R-MT) on Downing on Inflation and the Fed 00:09:41 Rep. Troy Downing (R-MT) on Downing on AI Risks and US-China Competition 00:13:47 Power Moves: Top Financial Moves 00:16:16 Antony Blinken, Former US Secretary of State, on AI Safety and China 00:20:26 Antony Blinken on Iran and Ending the War 00:23:09 Antony Blinken on Russia Sanctions and Ukraine 00:26:42 Bloomberg's Erik Wasson on House Advances Russia Sanctions Bill, Crypto Legislation’s Future After Sen
Tags: AI Race, China, Clarity Act, Congress, Contempt, Donald Trump, Epstein Files, Erik Wasson, Jeff Mason, Jeffrey Epstein, Joe Mathieu, Kailey Leinz, Katie Frost, Kevin Warsh, Kristen Hawn, Leon Black, Norah Mulinda, Raja Krishnamoorthi, Rokk Solutions LLC, Scott Bessent
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