Trump Holds Situation Room Meeting on Iran | Balance of Power 05/29/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Natasha Hall, Associate Fellow at Chatham House, says the White House’s silence after President Trump was expected to decide on a new Iran cease-fire plan reflects “massive indecisiveness” over the conflict’s end goal. Rep. Yvette Clarke (D-NY) says Louisiana’s new congressional map eliminating a majority-Black district is part of a broader redistricting push that is “devastating” for Black political representation. Moody’s Analytics Chief Economist Mark Zandi says the war with Iran needs to end immediately or recession will become more likely than not. Chris Hadfield, former International Space Station Commander, suggests Blue Origin’s rocket explosion is a setback for both Blue Origin and the entire space program. Chapters: 00:00:00 - Balance of Power: Late Edition Begins 00:01:34 - Josh Wingrove Talks Latest on Pres. Trump Saying He’ll Soon Make Final Determination on Iran Deal 00:03:51 - Natasha Hall, Chatham House Associate Fellow, Says Trump Silence on Iran Shows ‘Massive Indecisiveness’ 00:11:45 - Power Moves: Top Financial Stories of the Day 00:14:49 - Rep. Yvette Clarke (D-NY) on How The Redistricting Wave Will Impact Black Voters, Democrats, and the Congressional Black Caucus 00:25:12 - Mark Zandi, Moody’s Analytics Chief Economist, Says US is ‘Uncomfortably Close’ to Recession 00:32:06 - Chris Hadfield, Ret. Canadian Astronaut & Fmr. International Space Station Commander, on Setbacks From Blue Origin’s Rocket Exploding on Launchpad 00:37:31 - Kailey Leinz on Trump’s Reflecting Pool Renovation Tops $13M 00:40:01 - Political Panel React to Trump Reflecting Pool Renovation Price, Judge Orders Removal of Trump’s Name From Kennedy Center, Trump on Iran -------- 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 Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en 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