"Balance of Power" focuses on the intersection of politics and global business. On today’s show, Sec. Chris Wright, US Secretary of Energy, says he expects gasoline prices to fall in the coming weeks and says Ukrainian attacks on Russian refineries are the “single biggest problem” for diesel. Dr. Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, says more than $20 billion identified by the Treasury Department in suspected health care fraud and money laundering could double the life of the Medicare trust fund. Elaine Agather, Global Vice Chair of JPMorgan Private Bank and Chairman of the Dallas Region for JPMorgan Chase & Co, says more Texas Stock Exchange announcements are expected next week. Ron Kirk, former US Trade Representative and former Dallas mayor, says tariffs amount to taxes on American businesses and families and warns small businesses and manufacturers will bear the cost of the trade fight.
Chapters:
00:00:49 Chris Wright, US Energy Secretary, on Oil and Gas Prices
00:03:10 Chris Wright on Iran Conflict and the Strait of Hormuz
00:05:43 Chris Wright on US-Canada Trade and Energy Relations
00:07:25 Chris Wright on Venezuela Oil Investment and Production
00:10:27 Power Moves: Top Financial Moves
00:14:06 Dr. Mehmet Oz, Administrator of the Centers for Medicare & Medicaid Services, on Health Care and Drug Prices
00:16:17 Dr. Mehmet Oz on Medicare, Medicaid and GLP-1 Coverage
00:18:52 Dr. Mehmet Oz on Medicare Solvency, Fraud and Health Care Technology
00:24:27 Bloomberg’s Joe Lovinger Inside the Republican Midterm Convention
00:27:00 Elaine Agather, Global Vice Chair of JPMorgan Private Bank and Chairman of the Dallas Region for JPMorgan Chase & Co, on Why Dallas Became a Major Financial Center
00:28:50 Elaine Agather on “Y’all Street” and Texas’ Competition With Wall Street
00:31:07 Elaine Agather on Data Center Growth and Investor Concerns
00:38:45 Ron Kirk, Former US Trade Representative and Former Dallas Mayor, on the US-Canada Trade War
00:43:35 Ron Kirk on Data Centers, AI and Local Economic Growth
00:45:22 Ron Kirk on the Republican Midterm Convention in Texas
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