Trump Moves to Tech Giants to Pay Surging Power Costs | Balance of Power 01/16/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Katherine Clark (D-MA) states ICE is a reign of terror and needs accountability when discussing her hearing in Minnesota about people impacted by ICE raids. Michael Allen, Beacon Global Strategies Managing Director, discusses the latest Trump geopolitical news. Representative Mike Flood (R-NE) shares his thoughts on whether or not large companies should pay for surging power costs. Chapters: 00:00:00 - Balance of Power: Late Edition Begins 00:01:32 - Jennifer Dlouhy on Pres. Trump Moves to Tech Giants to Pay for Surging Power Costs 00:04:07 - Power Moves: Top Financial Stories of The Day 00:05:57 - PJM Proposes Backstop Plan to Support Power Grid Reliability 00:07:33 - Rep. Katherine Clark (D-MA) on People Impacted by ICE Agents, Need for Accountability on ICE,Frustration Over Health Care 00:17:51 - Michael Allen, Beacon Global Strategies Managing Dir., on Geopolitical Latest on Trump, Greenland, Iran & Foreign Policy 00:24:27 - Gov. Josh Shapiro (D-PA) on PJM & Surging Electricity Costs 00:26:58 - Rep. Mike Flood (R-NE) on If Big Tech or States Should Pay for Surging Electricity Costs, Reaction to Trump on Possible Fed Nominations 00:36:07 - Sanne Wass on Pres. Trump Talks Potentially Placing Tariffs on Countries Who Don’t Support Him Getting Greenland 00:39:25 - Political Panel React to Lawmakers Meet Danish Officials Amid Greenland Push, Trump & Machado Nobel Medal -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
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