STORY-TRÅD·politik

Trump Says Pharma Companies Commit To Lowering Prices | Balance of Power: Late Edition 08/31/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Tim Moore (R-NC) says the votes are there to pass a continuing resolution that would keep the government open through mid-December. Rebecca Patterson, Senior Fellow at CFR and former Chief Investment Strategist for Bridgewater Associates, lays out four ways to bring down long-term bond yields: open the Strait of Hormuz, address the fiscal deficit, Treasury intervention, or an economic slowdown that no one wants. Dan Brouillette, former Energy Secretary during President Trump's first term, says additional Venezuelan oil will not lower US gas prices in the near term, arguing that the US needs more refining and pipeline capacity. (Source: Bloomberg)