High Court Backs Birthright Citizenship | Balance of Power 6/30/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the end of the Supreme Court’s latest term. On today’s show, Stonecourt Capital Partner Rick Davis, Maywood Strategies Founder Doug Farrar, former FTC Commissioner Rebecca Slaughter and Kpler Head of Policy and Geopolitical Risk Michelle Brouhard.

Chapters
00:00:00 Balance of Power: Early Edition
00:02:20 Market Update: Stocks End Q2 on a High Note
00:04:27 Trump Reacts to Birthright Citizenship Ruling
00:05:52 Tyler Kendall Breaks Down the Supreme Court Decisions
00:07:23 Campaign Finance Rules Overturned
00:09:23 Political Panel on Campaign Spending & Midterms
00:14:43 Birthright Citizenship Decision Sparks Debate
00:18:50 Market Check: Semiconductors Lead the Rally
00:20:54 Trump Calls on Congress to End Birthright Citizenship
00:22:00 Erik Larson on the Court’s Landmark Term
00:24:40 Rebecca Kelly Slaughter Reacts to Supreme Court Ruling
00:25:52 What the Slaughter Decision Means for Presidential Power
00:27:26 Why Independent Agencies Matter
00:29:20 Lisa Cook Ruling vs. FTC Independence
00:31:30 Should Congress Rein in Presidential Power?
00:32:35 Market Update: Best Quarter Since 2020
00:34:50 U.S.-Iran Nuclear Talks Resume in Doha
00:36:20 Strait of Hormuz & Fragile Ceasefire
00:37:58 Will There Be More U.S.-Iran Negotiations?
00:39:40 Can Gas Prices Really Fall to $2.50?
00:41:40 Why Gasoline Prices Remain Elevated
00:43:25 Strait of Hormuz Tolls & Global Trade Risks
00:45:00 Did the World Avoid a Fuel Shortage?
00:46:50 Energy Price Outlook Through November
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