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Trump Blocks Housing Bill Until SAVE Act is Passed | Balance of Power 06/25/2026
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June 25, 2026
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47:54Now Playing"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Bryan Steil, a Wisconsin Republican, says he believes the bipartisan housing bill President Trump delayed signing will ultimately be enacted, citing overwhelming support in Congress. Joe LaVorgna, SMBC Americas Chief Economist and former Counselor to Treasury Secretary Scott Bessent, says the Fed will not cut rates and may need to raise them as PCE inflation rises to a three-year high. Democratic Rep. Sean Casten of Illinois says he is "very encouraged" House Speaker Mike Johnson will send President Donald Trump the bipartisan housing bill, arguing the move suggests Johnson is standing up to Trump as the president's poll numbers fall.
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