Politics News

Republican Congressman Mike Lawler of New York discusses Trump's rhetoric around the war with Iran ahead of an 8pm deadline for Tehran to open the Strait of Hormuz. When asked about the prospect of a War Powers resolution gaining traction in congress, Rep Lawler noted if the conflict goes beyond 90 days, Congress may need to act. He speaks with Kailey Leinz on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)

How could a sitting US president be legally removed from office? Most people have heard of impeachment, a power granted to (and rarely used by) the US Congress. But there’s also the 25th Amendment to the US Constitution, which provides an avenue for a president to be removed under extraordinary circumstances by his or her own leadership team. Talk of deploying the amendment erupted in response to President Donald Trump’s handling of the war with Iran. A number of prominent political figures call

President Donald Trump’s threat to destroy Iranian civilization poses an ethical quandary for the US military, whose officers would carry out his orders — and could be in jeopardy if they do anything later deemed illegal.

On today’s Big Take podcast, from London to California, calls to “tax the rich” are growing. Host Sarah Holder talks to Bloomberg reporters Charlie Wells and Laura Nahmias about fights over taxes for the world’s wealthiest, and how New York City Mayor Zohran Mamdani’s historic campaign thrust the conversation back into the limelight. (Source: Bloomberg)

Races in Georgia and Wisconsin will test which party has momentum.

Rick Rieder, BlackRock's global fixed income CIO, discusses the state of financial markets, the economy and how he is investing amid the current global geopolitical uncertainty on "Bloomberg The Close." (Source: Bloomberg)

The Trump administration warned cyberattackers with links to Iran are targeting critical US infrastructure including drinking water systems and the energy sector.

On today's episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec speak with Jennifer Welch, Bloomberg Economics Chief Geoeconomics Analyst on the latest about President Trump's looming deadline for Iran. They also speak with im Caron, Morgan Stanley Investment Management Portfolio Solutions Group CIO;  Michael Gross, SLR Capital Partners Co-Founder; and Sastry Durvasula, TIAA Chief Operating, Information and Digital Officer. (Source: Bloomberg)

President Donald Trump is in no hurry to tap a permanent attorney general to replace Pam Bondi following her ouster, according to people familiar with the matter, allowing Todd Blanche time to settle into his role as the US Justice Department’s acting chief.

Acting Attorney General Todd Blanche, newly minted as the nation’s top law enforcement officer, said he doesn’t feel pressure to carry out retribution against Donald Trump’s political enemies even as he pledged fidelity to the president’s agenda.

Oil prices fell in post-settlement trading as signs emerged that the US and Iran are still working through a possible ceasefire deal.

On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the latest in the Middle East. On today's show, Cohen Group Senior Advisor Jen Gavito, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Democratic Congressman Suhas Subramanyam. (Source: Bloomberg)

President Donald Trump’s threat to destroy Iran’s “whole civilization” ahead of his imposed deadline in the ongoing war is galvanizing Democratic opposition and escalating their calls for the US Congress to return before next week.

Lockheed Martin Corp.’s new AIM-260 air-to-air missile program received a $2 billion boost in the Trump administration’s proposed budget, a sign the classified weapon could see accelerated production and be deployed soon.

The Federal Deposit Insurance Corp., which backs deposits at thousands of US banks, is laying out its guidelines for how those institutions and their fintech subsidiaries can use stablecoins as digital currencies become more widely accepted in the financial system.

Donald Trump Jr. visited Bosnia, continuing an effort by the US president’s family to build business ties in the Balkans.

Canada urged all sides in the Middle East war to avoid hitting civilian sites, responding after US President Donald Trump threatened that “a whole civilization will die” if Iran doesn’t meet his demands.

Italian Defense Minister Guido Crosetto defended the decision to deny the US use of an Italian air base for operations in Iran, insisting that the government was following procedures in place for decades.

A deal for control of Venezuela’s Citgo Petroleum Corp. by a group affiliated with hedge fund Elliott Investment Management has gotten bogged down amid Trump administration concerns over the price and political risk.

Prime Minister Keir Starmer sought to capitalize on his falling out with US President Donald Trump ahead of pivotal local elections next month, using the spat to draw a contrast with his chief rivals.