US Launches ‘Self-Defense’ Strikes Against Iran | Balance of Power 06/09/2026
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Retired Rear Admiral Mark Montgomery, Senior Fellow at the Foundation for Defense of Democracies, says any US response after President Trump said Iran shot down an American Apache helicopter near the Strait of Hormuz should target military sites tied to the attack and avoid economic targets that could escalate the conflict. Federal Deposit Insurance Corporation Chairman Travis Hill says he "fully" disagrees with Federal Reserve Governor Michael Barr’s warning that recent regulatory changes could weaken bank safety and soundness, arguing regulators are trying to focus examiners on material financial risks while keeping the banking system balanced and resilient.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:21 – Tyler Kendall on When Might Trump’s Response Be to Iran’s Attack on US Helicopter
00:05:16 – Jonathan Tamari on What to Expect From US House to Vote on Reconciliation Bill, Speaker Johnson Visits White House Over FISA
00:08:17 – Ret. Rear Adm. Mark Montgomery, Sen. Fellow at the Foundation for Defense of Democracies, on Pres. Trump Response to Iran Attack on US Helicopter
00:16:42 – Power Moves: Top Financial News of The Day
00:20:44 – Brooke Sutherland on What to Expect From Maine’s Primary Election
00:23:30 – Anna Edgerton on How Pres. Trump’s Influence Will Be Tested in South Carolina’s GOP Primary for Governor
00:26:10 – FDIC Chairman Travis Hill Rejects Federal Reserve Gov. Michael Barr’s Warning on Bank Rules
00:34:13 – Michael Shepard on Anthropic Releases New Mythos Tool With Guardrails, SpaceX Set for Historic IPO This Week
00:39:05 – Breaking News: Centcom States US Launches New Strikes Against Iran
00:39:45 – Breaking News: US House Passes Reconciliation Bill
00:40:29 – Political Panel React to US Launches ‘Self-Defense’ Strikes Against Iran
00:43:30 – Political Panel React to US House Passing Reconciliation Bill, Speaker Johnson Visits White House Over FISA, Primary Day Expectations
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