Trump Signs Bill Ending DHS Shutdown | Balance of Power 04/30/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Leon Panetta, former US Defense Secretary and former CIA Director, criticizes Secretary Hegseth’s political tone in congressional testimony, arguing lawmakers have a duty to scrutinize defense spending. Kevin Book, Managing Director at ClearView Energy Partners, says oil markets are reacting to "uncertainty" tied to both White House policy and tensions in the Persian Gulf. Chris Swonger, President and CEO of the Distilled Spirits Council & Responsibility.org, says President Donald Trump’s pledge to remove a 10% tariff on UK spirits would “inject vitality” into the industry.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:38 – Ed Ludlow on Apple 2Q Revenue Beats Estimates
00:03:51 – Tyler Kendall on Pres. Trump Giving Update on Iran War, Trump Signs Bill Ending DHS Shutdown
00:07:52 – Leon Panetta, Fmr. Defense Secretary, Criticizes Sec. Hegseth’s Congressional Testimony, Insight on Standoff in the Strait of Hormuz
00:17:15 – Kevin Book, Managing Dir. at ClearView Energy Partners, on Oil Markets Reacting to Uncertainty With US & Iran, Impact Felt of Strait of Hormuz Closure
00:24:44 – The Debrief With Mario Parker: Supreme Court Ruling Intensifies Redistricting War
00:29:18 – Erik Wasson Breaks Down The House Passing Bill to Fund Most of DHS, What’s Next for Congress
00:32:47 – Chris Swonger, Pres. & CEO of the Distilled Spirits Council, Reacts to Pres. Trump’s Pledge to Remove a 10% Tariff on UK Spirits
00:40:01 – Political Panel React to Sec. Pete Hegseth’s Congressional Testimony, GOP & Dems Disagree on War Powers Vote, Possible ‘Apprentice’ Reboot
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