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Trump Vows To Escalate Attacks on Iran; GOP Releases Spending Blueprint | Balance of Power
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July 15, 2026
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36:01Now PlayingInsight & analysis on the White House and Capitol Hill.
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The United States launched more strikes against Iran Wednesday with the President pledging to keep up the barrage until Iran stops attacking targets in the Strait of Hormuz. Talking to Fox News last night President Trump said, 'We’re going to hit them very hard the night after. And then next week it gets really bad for them because next week comes the power plants. We’re going to knock out all of their bridges unless they get to the table and negotiate.' Lawmakers also released a spending blueprint that would allocate more than $60 billion in funding for armed services.
Bloomberg Washington Correspondent Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
On this edition, Joe and Kailey speak with:
Bloomberg Economics Lead for Economic Statecraft Chris Kennedy
Stonecourt Capital Partner Rick Davis and Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino
Former Republican Congressman from North Carolina and former House Financial Services Committee Chairman Patrick McHenry
Bloomberg Washington Correspondent Tyler Kendall speaks with President and Chairman of the Export-Import Bank of the United States John Jovanovic, on the sidelines of the Pennsylvania Defense & Innovation Summit
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Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.
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