Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Washington Correspondents 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 speaks with:

• Bloomberg Intelligence Senior Commodities Strategist Mike McGlone.
• Bloomberg State Department Reporter Eric Martin.
• AEI Nonresident Senior Fellow Heather Conley.
• Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and ROKK Solutions Senior Vice President Lisa Camooso Miller.

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people familiar with the matter, as the search for a new central bank leader enters its final weeks.

With Hassett, Trump would have a close ally whom the president knows well and trusts installed at the independent central bank, the people said, speaking on the condition of anonymity. Hassett is seen as someone who would bring the president’s approach to interest-rate cutting to the Fed, which Trump has long wanted to control, some of the people said.

Bloomberg Washington Correspondents 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 speaks with:

• Bloomberg Senior National Political Correspondent Nancy Cook.
• Foundation for American Innovation Senior Fellow Dean Ball.
• Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and S-3 Group Partner Ashley Davis.
• Stimson Center Senior Fellow Kelly Grieco.

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

US President Donald Trump and Chinese President Xi Jinping on Monday held their first talks since agreeing to a tariff truce last month, discussing trade, Taiwan and Russia’s invasion of Ukraine. 

Trump said the telephone call was “very good” and that the leaders spoke about purchases of soybeans and other farm products as well as curbing shipments of illegal fentanyl. The US president said he agreed to visit Beijing in April, and that he had invited Xi for a state visit next year.

“Our relationship with China is extremely strong!” Trump posted on social media. “There has been significant progress on both sides in keeping our agreements current and accurate. Now we can set our sights on the big picture.”

Bloomberg Washington Correspondents 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 speaks with:

• Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and Stanford University Hoover Institution Fellow Lanhee Chen.
• Bloomberg Economics Chief Geoeconomics Analyst Jennifer Welch.
• Republican Congressman Chuck Fleischmann of Tennessee.
• American Enterprise Institute Senior Fellow Angela Stent.

See omnystudio.com/listener for privacy information.

A discussion of a reported forthcoming plan from the White House to extend Obamacare subsidies -- potentially as long as two years -- led Bloomberg Intelligence's Washington Policy Pulse on Nov. 24. Such an extension, if enacted, could bode well for insueres such as Centene and UnitedHealth. We also previewed a meeting at the FDIC -- to be held on Nov. 25 -- that will see that regulator finalize a leverage ratio rule for banks like Bank of America, Morgan Stanley and Goldman Sachs. Finally, we highlighted a forthcoming executive order on artificial intelligence that, in our view, may face certain a court challenge.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C. 

The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

Donald Trump and New York City Mayor-elect Zohran Mamdani are set to meet at the White House on Friday.

The meeting marks the first time the two leaders will come together to discuss how they can work with each other since the election earlier this month.

Mamdani was elected as mayor of New York City after campaigning on a progressive platform that includes freezing the rent on more than 1 million stabilized apartments, providing universal child care, funding free buses and operating city-owned grocery stores. Mamdani, a democratic socialist, is seeking higher taxes on corporations and the wealthy to pay for his agenda.

Bloomberg Washington Correspondents 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, Bloomberg's Michelle Jamrisko is in for Kailey. Joe and Michelle speak with:

• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.
• Former Deputy National Security Advisor and Director of the Harvard Belfer Center Meghan O'Sullivan.
• Bloomberg Senior Strategist Edward Harrison.

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

US job growth topped expectations in September but the unemployment rate continued its march higher, underscoring the lingering fragility of the labor market. 

The Bureau of Statistic’s latest jobs report, long delayed due to the government shutdown, showed nonfarm payrolls rose 119,000 in the month after declining in August. The unemployment rate, meanwhile, rose to its highest level in nearly four years — reflecting both the positive dynamic of more Americans participating in the workforce and the gloomier reality of more people losing their jobs.

Bloomberg Washington Correspondents 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, Bloomberg's Michelle Jamrisko is in for Kailey. Joe and Michelle speak with:

• Bloomberg Economics Chief US Economist Anna Wong.
• Ipsos US Public Affairs Chair Cliff Young.
• Stonecourt Capital Partner Rick Davis and ROKK Solutions Partner Kristen Hawn.
• Republican Congressman Andrew Garbarino of New York.

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump said he would formally designate Saudi Arabia as a major non-NATO ally in a further strengthening of ties between the two countries, capping a day of dealmaking between the US leader and the kingdom’s Crown Prince Mohammed bin Salman.  

“I’m pleased to announce that we’re taking our military cooperation to even greater heights,” Trump said at a White House dinner in honor of the 40-year-old royal. This is “something that is very important to them,” he added.

Bloomberg Washington Correspondents 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, Bloomberg's Michelle Jamrisko is in for Kailey. Joe and Michelle speak with:

• Carnegie Endowment for International Peace Senior Fellow Aaron David Miller.
• Former Defense Department Analyst Anna Ashton.
• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino.

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

US President Donald Trump said Saudi Arabia’s Crown Prince Mohammed bin Salman “knew nothing about” the murder of Washington Post columnist Jamal Khashoggi, as the pair met to announce a deepening of economic ties at the White House. 

“A lot of people didn’t like that gentleman that you’re talking about,” Trump said when asked about Khashoggi alongside the Saudi prince in the Oval Office. “Whether you like him or didn’t like him, things happen, but he knew nothing about it, and we can leave it at that.” 

Bloomberg Washington Correspondents 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, Bloomberg's Michelle Jamrisko is in for Kailey. Joe and Michelle speak with:

• Bloomberg News Senior Editor Michael Shepard.
• Former Democratic Congresswoman Jane Harman of California.
• Harvard Kennedy School's Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and BGR Group Principal Lester Munson.
• Former Republican Congressman Denver Riggleman of Virginia.

See omnystudio.com/listener for privacy information.

A preview of what a final leverage ratio rule -- which we think will be released before the end of the year -- led Bloomberg Intelligence's Washington Policy Pulse on Nov. 17. The change will likely cut Tier 1 capital for banks like Morgan Stanley, Goldman Sachs and Bank of America. We also discussed chances of a crypto bill passing in 4Q -- key for platforms like Coinbase and Robinhood. We also discussed the potential for $13 billion of aid for US farmers as well as a status update on the National Defense Authorization Act.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington D.C.

The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration

See omnystudio.com/listener for privacy information.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.

President Donald Trump said House Republicans should vote to require the Justice Department to release its files on Jeffrey Epstein, effectively reversing a position he’d held for months.

“House Republicans should vote to release the Epstein files, because we have nothing to hide, and it’s time to move on,” Trump posted Sunday on social media as he returned to the White House from a weekend in Florida. “The House Oversight Committee can have whatever they are legally entitled to, I DON’T CARE!” 

Trump has been under increasing pressure from some within his party to release the investigative materials on the disgraced financier, who ran an underage sex ring and died in prison in 2019.

Bloomberg Washington Correspondents 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, Bloomberg's Michelle Jamrisko is in for Kailey. Joe and Michelle speak with:

• Bloomberg News Senior Editor Wendy Benjaminson.
• The Washington Institute for Near East Policy Distinguished Fellow James Jeffrey.
• Stonecourt Capital Partner Rick Davis and Harvard Kennedy School's Ash Center Visiting Democracy Fellow.
• Bloomberg Intelligence Senior Commodities Strategist Mike McGlone.
• Democratic Congresswoman Gwen Moore of Wisconsin.

See omnystudio.com/listener for privacy information.