Trump Leaves China With No Resolution | Balance of Power 05/15/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Senator Chris Coons (D-DE), says President Trump went to China on "a weaker footing" and warns his silence on Taiwan arms sales was "a critical step backwards" for US interests. Christopher Smart, Managing Partner and Founder of the Arbroath Group, says incoming Fed Chair Kevin Warsh cannot "credibly" argue for rate cuts "at this stage," as energy prices surge and inflation pressures build. Martin’s Tavern Owner, Bill Martin, on reaction to Saturday Night Live opening its show last weekend with a shot of the DC institution and the history and staying power of the restaurant.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:59 – Tyler Kendall on Pres. Trump & Taiwan, Trump Leaves China With No Resolution
00:06:17 – Becca Wasser on Pres. Xi Jinping’s Threat Cements Taiwan As Top US-China Risk, Trump to Decide Soon on Taiwan Arms Sale
00:09:46 – Breaking News: Fed Jerome Powell Will Be Chair Pro Tempore Until Warsh Sworn In
00:10:18 – Power Moves: Top Financial Stories Of The Day
00:13:53 – Sen. Chris Coons (D-DE) Says Trump Went to China on “Weaker Footing,” Reaction to Trump on Taiwan, China & Strait of Hormuz
00:25:04 – Christopher Smart, Managing Partner & Founder of the Arbroath Group, on Kevin Warsh Rate Cuts & Inflation Pressures, Reaction to Trump-Xi Summit
00:33:37 – Political Panel React to Pres. Trump’s 3,700+ Trades Astonish Wall Street Insiders, Redistricting Battle Heads to South Carolina
00:41:17 – Historic DC Institution Gets the ‘SNL’ Treatment
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