Pentagon Seeks $200B From Congress For Iran Conflict

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Sen. Gary Peters of Michigan, Ranking Member of the Senate Homeland Security Committee and member of the Armed Services Committee, discusses the prospect of a $200 billion supplemental request from the Pentagon. Cuba Ambassador to the UN, Ernesto Soberon Guzman, talks about President Trump's remarks about Cuba. Former US Defense Secretary Leon Panetta addresses the potential need for sustained military presence, including air and possible ground operations, and the broader economic and political implications of the Middle East conflict. Chapters: 00:00:00 - Balance of Power: Late Edition Begins 00:02:19 - Power Moves: Top Financial Stories of the Day 00:05:20 - Jeff Mason on Nations Say They Are Ready to Help Secure Strait of Hormuz 00:07:33 - Sen. Gary Peters (D-MI) on Prospect of Supplemental Request From Pentagon, US Military Strategy, DHS & Mullin 00:18:30 - Cuba Ambassador to the UN, Ernesto Soberon Guzman, Talks Pres. Trump's Remarks About Cuba, Current State of The Island 00:26:44 - Adam Farrar on Recap From Japan Prime Minister Bilateral With Pres. Trump, What to Make Of Meeting 00:29:52 - Leon Panetta, Fmr. US Secretary of Defense, on Pentagon Asking for More Funding, Strait of Hormuz Strategy 00:39:12 - Political Panel React to Japan's Bilateral Meeting With Trump, UK & France Relationship With Trump 00:41:17 - The Debrief With Mario Parker: Japan PM, Rising Gas Prices 00:44:25 - Political Panel React to Supplemental Funding Request, Impact of Rising Gas Prices -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts