China Hints at Tariff Talks With US
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Mallory McMorrow, Democratic Michigan State Senator and candidate for US Senate discusses the closely watched Michigan Senate race. Rep. Mike Flood (R) Nebraska talks about the progress Congress is doing to prepare for the reconciliation package and states that July 4th is a "more reasonable deadline." Daniel Hornung, Former Deputy Director for the National Economic Council during the Biden Administration, discusses whether the current economy is President Trump's or still President Biden's as US payroll growth tops forecasts. (Source: Bloomberg)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Politico
7 minutes ago
- Politico
Trump threatens more strikes against Iran if it doesn't negotiate a deal
President Donald Trump declared the U.S. bombing of Iran's three major nuclear facilities to have been 'a spectacular military success' during a Saturday night address to the nation, and left the door open to engaging in more strikes. 'Iran's key nuclear enrichment facilities have been completely and totally obliterated,' Trump said, and warned that the U.S. could still attack other, less significant targets in Iran if its leaders don't stand down. 'Iran, the bully of the Middle East, must now make peace,' he said. 'If they do not, future attacks will be far greater and a lot easier.' Standing in the White House Cross Hall to deliver a speech that lasted less than four minutes, Trump stopped short of declaring the U.S. to be at war with Iran, but his words made clear that he was willing to enter a deeper, wider conflict. In fact, the president seemed intent on trying to further intimidate Iran, a dramatic shift from just a few weeks ago, when Trump sounded confident that he was close to a diplomatic agreement with Tehran to further constrain its nuclear program. Trump asserted Saturday that there are 'many targets left' in Iran for U.S. forces to attack and vowed to go after them in short order if Iran didn't relent. 'There will be either peace or there will be tragedy for Iran far greater than we have witnessed over the last eight days,' he said. The remarks came a couple hours after the president's TruthSocial post announcing that the U.S. had struck three nuclear sites inside Iran. For several days, Trump had been dangling the threat of the U.S. assisting Israel's military, which does not have the kind of 'bunker-buster' bombs that were deployed in the operation Saturday night, to take out Iran's nuclear facilities once and for all — a consequence, he suggested, for Tehran's failure to reach a deal to curb its nuclear program. But the news that U.S. forces had carried out the strikes still came as a surprise, given the White House's statement on Thursday that Trump might take as long as two weeks to decide whether to take military action. With Vice President JD Vance, Secretary of State Marco Rubio and Defense Secretary Pete Hegseth standing behind him, Trump offered his congratulations to the military generals who helped plan the attack, the warfighters who carried it out and to Israeli Prime Minister Benjamin Netanyahu, with whom he said he 'worked as a team.' Trump made no effort to justify his decision to a MAGA base that has largely opposed intervening in foreign wars. Nor did he address his decision to act without consulting Congress, a move, many Democrats on Capitol Hill have pointed out, that is unconstitutional. Rather, he announced that the Pentagon would hold a press conference at 8 a.m. on Sunday before ending his remarks with a word of appreciation. 'I want to just thank everybody. And in particular God, I want to just say, we love you, God, and we love our great military.'
New York Post
11 minutes ago
- New York Post
Expect Gov. Hochul's new Parole Board picks to keep letting cop-killers walk free
Whatever her other efforts to undo New York state's worst criminal-justice moves of recent years, Gov. Kathy Hochul doesn't seem to be trying to clean up the pro-criminal Parole Board. The just-finished legislative session saw the Senate quietly confirm four of her nominees to the board — two to fill longstanding vacancies, two to finally replace members installed by then-Gov. Andrew Cuomo whose terms had expired some time ago. Going on four years after he resigned in a cloud of scandal, Cuomo picks until now still constituted a majority of the board, in part because Hochul hasn't pushed to put her own stamp on it — perhaps out of a calculation that the progressive, pro-criminal faction that controls the state Senate wouldn't confirm any tough-on-crime nominees, so what's the point? This bunch won't make a difference on the let-'em-loose panel, which has sprung at least 43 cop-killers these last eight years. It likely would've been 44, except the board last month kicked the can until after next week's Democratic mayoral primary on releasing David McClary, the gangbanger convicted of assassinating Police Officer Edward Byrne in 1988. With Cuomo running as tougher on crime than other Democrats, some suggest the delay was a bid to shield him from embarrassment before primary day. Anyway, Hochul's picks, who'll rake in $190,000 for this part-time post, look unlikely to shift the board: Lefty ex-Assemblyman Danny O'Donnell is a former public defender. Darlene Grant Bruce serves on the board of a West Harlem community services nonprofit. Elizabeth Kase is a defense attorney who specializes in cannabis law, and a partner at the politically wired firm Abrams Fensterman. José Gomérez is at best a mystery: The NYPD veteran, born and raised in the Dominican Republic, abruptly resigned as Newburgh police commissioner in May 2024 after less than three years on the job. Yet the simple fact is that the Senate wouldn't have confirmed any Parole Board nominees it hard reason to think might get tough: It certainly balks at the gov's efforts to keep the state's courts from shifting further left. Meanwhile, the Legislature keeps making it easier to qualify for parole, and the 2021 passage of the 'Less is More' law, which Hochul signed in her first months as gov, also made it easier for parole violators to stay out of prison. Bottom line: Hochul's unwilling or unable (or both) to stand up to the left on this front, as on so many others. So bet that Officer Byrne's assassin will soon walk, with a steady parade of freed cop-killers and other bad guys to follow — until New York voters start demanding candidates who'll actually support for law and order.
CBS News
17 minutes ago
- CBS News
Illinois lawmakers respond to Trump announcing U.S. strikes on Iran's nuclear facilities
Illinois lawmakers from both sides of the aisle on Saturday responded to President Trump's announcement that the U.S. has launched strikes on three Iranian nuclear facilities. Democrats condemned the president for attacking Iran without seeking congressional authorization, while Republicans supported the strikes. President Trump announced Saturday night that the strikes on Iranian nuclear sites at Fordo, Natanz and Isfahan were a "spectacular military success," and warned of "far greater" attacks if Iran does not "make peace." Democratic Illinois Congresswoman Robin Kelly said in a post on X that, "President Trump's decision to bomb Iran will not lead to peace but rather cause more violence, destruction, and conflict in the Middle East." "Iran can never be allowed nuclear weapons, but it was President Trump's decision to break the Iran Nuclear Deal that allowed Iran to speed up their enrichment program, making us and our allies less safe. Instead of using diplomacy to lower temperatures, President Trump has escalated the situation, which will further destabilize the region and cause repercussions here at home and across the globe," Kelly wrote. Democratic Rep. Sean Casten called the president's decision to attack Iranian nuclear sites without approval of Congress an "unambiguous impeachable offense." "This is not about the merits of Iran's nuclear program. No president has the authority to bomb another country that does not pose an imminent threat to the US without the approval of Congress," Casten wrote in a post on X. Democratic Rep. Chuy Garcia said, "Trump is trying to drag us into an illegal war with Iran– no debate, no Congressional vote," "He's not leading– he's submitting to Netanyahu's request. There is no military solution to nuclear deterrence," Garcia wrote on X. Republican Illinois Congressman Mike Bost defended the president's actions in a post on X. "I trust that President Trump made the decision to target Iran's nuclear program tonight due to intelligence that indicates the regime was within reach of developing nuclear weapons that could threaten the lives of American citizens and U.S. troops stationed across the globe. He showed the strength to ensure that never happens," Bost wrote. Fellow GOP Rep. Mary Miller called the strikes "A great victory for the United States!" "President Trump understands that PEACE THROUGH STRENGTH keeps America, and the world, safe and secure," she wrote on X. Iran has pledged to retaliate if the U.S. joined the Israel's recent attacks against its nuclear facilities, which began with airstrikes on June 13. Iran has responded with missile and drone attacks on Israeli cities.
