Trump Cancels Planned Iran Strikes | Balance of Power 6/11/2026

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest from the Middle East. On today's show, Democratic Congressman Greg Landsman of Ohio, Republican Senator Todd Young of Indiana, former Republican Congressman Patrick McHenry and Atlantic Council Director of the Scowcroft Middle East Security Initiative Jonathan Panikoff. Chapters: 00:00:00 - Balance of Power: Early Edition  00:00:18 - House Rejects Spy Powers Extension as Pulte Pick Stokes Unease 00:03:46 - Spy Powers Extension Hits Snag in House After Pulte DNI Pick 00:05:00 - Rep. Greg Landsman on Bloomberg 00:05:02 - House Rejects Short-Term FISA Extension 00:08:54 - Trump Vows New Attacks on Iran, Threatens Key Energy Targets 00:11:39 - Trump Says Us Will Hit Iran Tonight, Take Kharg Island at Some Point 00:12:30 - Republican-Led House Votes to Stop Iran War, Rebuking Trump 00:14:43 - Sen. Todd Young on Bloomberg 00:15:08 - House Rejects Short-Term FISA Extension 00:17:06 - World Cup to Start Amid Geopolitical Tension 00:21:08 - Trump's $1.5 Trillion Pentagon Request Is Unraveling in Congress 00:24:31 - SpaceX IPO Retail Orders Are Said to Increase to Over $100B 00:27:32 - Frm. Rep. Patrick McHenry on Bloomberg 00:30:58 - Trump Cancels Planned Strike Against Iran Tonight 00:41:30 - Trump Says Time, Place of Iran Deal Signing to Come Soon 00:44:02 - Scowcroft Middle East Security Initiative Jonathan Panikoff on Bloomberg 00:44:45 - Trump: Naval Blockade Will Remain in Full Force 00:49:27 - Trump on Iran Deal, Final Points Were Approved by All Parties -------- 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:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts