US, Iran Agree to 60-Day Truce Pending Trump Approval | Balance of Power: Late Edition 5/28/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative John Garamendi (D-CA), a member of the House Armed Services Committee, says "absolutely not" to approving a $1.5 trillion defense budget or money above current appropriations without a clear justification, Representative Mike Lawler (R-NY), chair of the House Foreign Affairs Subcommittee on the Middle East and North Africa, says getting enriched uranium out of Iran is the "largest part" of any Iran deal, and David Kennedy, Dell CFO, says the increase in AI server demand is why the company boosted its annual sales forecast. Chapters: 00:00:00 - Balance of Power Begins 00:03:07 - Catherine Lucey on US, Iran reaching Tentative Ceasefire Deal 00:04:23 - Rep. John Garamendi (D-CA) 00:14:37 - Power Moves with Romaine Bostick 00:19:18 - The Debrief with Mario Parker 00:24:14 - Rep. Mike Lawler (R-NY) 00:33:32 - David Kennedy, Dell Technologies CFO 00:39:55 - Ashley Davis and Matt Bennett Discuss Tentative Ceasefire Deal -------- 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