Trump Warns Iran as Truce Sought | Balance of Power 7/20/2026

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, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, United Nations General Assembly President Annalena Baerbock and Republican Congressman Mike Flood of Nebraska. Chapters 00:00:00 Balance of Power: Early Edition  00:02:00 Market Update: Oil, Chip Stocks & Media Merger 00:04:20 Paramount-Warner Bros. Merger Put on Hold 00:04:45 U.S.-Iran Conflict Claims More American Lives 00:08:00 Can the White House Bring Down Gas Prices? 00:10:40 Political Panel on the Escalating Iran War 00:15:45 U.K. Political Shake-Up & New Prime Minister 00:17:00 Pentagon Budget Faces Capitol Hill Scrutiny 00:20:00 Paramount-Warner Deal Faces Legal Battle 00:24:40 Netanyahu, the U.N. & Global Diplomacy 00:25:30 U.N. Leadership Race & Reform Agenda 00:31:10 U.N. Funding Crisis & Calls for Reform 00:35:30 Congress Returns for High-Stakes Week 00:39:40 Government Funding & Reconciliation 3.0 00:43:40 Rep. Mike Flood on Spending & Defense 00:47:50 Farm Aid, Trade & Rural Economy 00:49:00 Iran War, National Security & Town Halls -------- 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