"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, 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. Evelyn Farkas, Executive Director of the McCain Institute and Former Deputy Assistant Secretary of Defense for Russia, Ukraine, and Eurasia in the Obama Administration, says economic incentives, not threats against civilian infrastructure, provide the strongest leverage with Tehran, and cautions that the US "will not" achieve regime change in Iran. Patrick Murphy, Former Acting Secretary of the Army during the Obama administration and Former Democratic Congressman from Pennsylvania, says the worst-case scenario in Iran would involve strikes on civilian infrastructure, stressing any military action must be proportional and legally justified.
Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:13 – Kate Sullivan on The New Proposal By Pakistan Seeking Two Week Extension for Iran
00:03:23 – Rep. Mike Lawler (R-NY) Reacts to Pres. Trump’s Rhetoric Around War With Iran, War Powers Resolution, If Congress Will Need to Act
00:14:18 – Power Moves: Top Financial Stories Of The Day
00:17:47 – Evelyn Farkas, McCain Institute Executive Director, Discusses If Two Week Extension Will Happen, Cautions US Will Not Achieve Regime Change in Iran
00:24:56 – Jennifer Welch on Could US Military Act As Efficiently as President Suggests, Can Strait of Hormuz Be Reopened
00:28:20 – Patrick Murphy, Fmr. Acting Secretary of the Army During Obama Admin., on Expectations of What Will Happen Post Deadline
00:36:28 – Power Brief: Top Stories Watching Tonight
00:38:03 – Political Panel React to Special Election Runoff for Georgia House Seat, Some Republicans Going Against Pres. Trump’s Iran Deadline
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