On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from Capitol Hill. On today's show, Republican Senator Ted Budd of North Carolina, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, Echo Canyon Consulting Founder and CEO Jon Seaton, Republican Congressman Bryan Steil of Wisconsin, Center for Strategic and International Studies Director Mona Yacoubian and Republican Senator Todd Young of Indiana. Chapters 00:00:00 Balance of Power: Early Edition  00:01:45 Market Update: Oil Tops $100 & Tech Sinks 00:04:40 Congress Sends Pentagon Funding to the Senate 00:06:00 Sen. Ted Budd on Iran, Defense & Government Funding 00:09:10 Can the U.S. Avoid a Forever War? 00:11:40 Energy Prices, Oil Shock & Inflation Risks 00:13:30 Political Panel Debates the Defense Bill 00:20:00 Congressional Stock Trading Ban Advances 00:23:40 Crypto Regulation & the Future of the Clarity Act 00:26:20 Middle East Conflict Expands Beyond the Strait of Hormuz 00:30:20 Saudi Nuclear Deal & Abraham Accords 00:32:30 Market Update: Tech Selloff & Oil Surge 00:35:00 Why Markets Are Finally Reacting to the Iran War 00:39:00 Sen. Todd Young on Strategy in Iran 00:44:20 Rebuilding America's Shipbuilding Industry 00:47:00 Senate Showdown: Pentagon Funding & Government Spending -------- 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