Trump Weaponization Fund Faces Backlash

Trump Weaponization Fund Faces Backlash

Insight & analysis on the White House and Capitol Hill.

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

Senate Republicans stalemated over President Donald Trump $1.8 billion account to pay political allies alleged to be victims of government “weaponization,” a dramatic setback for the president even as he threatens to vanquish perceived political foes within his own party.

The lawmakers, who are also at odds over taxpayer funding for Trump’s White House ballroom, abandoned plans to pass a partisan $72 billion immigration enforcement package before leaving Washington for a week-long Memorial Day break because of the disagreement over the two Trump priorities.

Majority Leader John Thune said Thursday the Senate would “pick up where we left off” after the break.

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 Tyler Kendall is in for Joe Mathieu. Kailey and Tyler speak with:

  • Bloomberg White House and Washington Correspondent Jeff Mason.
  • Former Republican Congressman Patrick McHenry.
  • Stonecourt Capital Partner Rick Davis and ROKK Solutions Partner Kristen Hawn.
  • Republican Senator Shelley Moore Capito of West Virginia.

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Episoder(1966)

NATO Tries to Keep Trump Onside

NATO Tries to Keep Trump Onside

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. NATO allies have agreed to at least $50 billion in defense industry deals...

7 Jul 37min

Trump Rings Opening Bell, Heads to NATO Summit

Trump Rings Opening Bell, Heads to NATO Summit

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. President Donald Trump will meet with Ukrainian President Volodymyr Zelen...

6 Jul 34min

US Hiring Slows, Curbing Momentum

US Hiring Slows, Curbing Momentum

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US hiring slowed sharply in June even as the unemployment rate fell, curb...

2 Jul 41min

Iran Wraps Up Doha Meetings

Iran Wraps Up Doha Meetings

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. US President Donald Trump said negotiators had made progress in indirect ...

1 Jul 40min

Supreme Court Backs Birthright Citizenship in Blow to Trump

Supreme Court Backs Birthright Citizenship in Blow to Trump

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A divided US Supreme Court upheld the constitutional right of birthright ...

30 Jun 41min

Weekly Washington Policy Pulse: Defense Spending, Farm Aid, Fed, AI (June 29, 2026)

Weekly Washington Policy Pulse: Defense Spending, Farm Aid, Fed, AI (June 29, 2026)

A look at the $87.6 billion supplemental spending request from the White House, which would earmark most of that to the Department of Defense and the conflict with Iran, led Bloomberg Intelligence's J...

29 Jun 11min

Cook Stays at Fed But Trump Wins Power Over Other Agencies

Cook Stays at Fed But Trump Wins Power Over Other Agencies

Insight & analysis on the White House and Capitol Hill. Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF. A closely divided US Supreme Court reinforced the Federal Reserve’s indep...

29 Jun 44min

Instant Reaction: Supreme Court Blocks Trump from Firing Fed's Lisa Cook

Instant Reaction: Supreme Court Blocks Trump from Firing Fed's Lisa Cook

The US Supreme Court ruled that Federal Reserve Governor Lisa Cook can stay in her job for now, reinforcing the central bank’s independence from the White House and dealing a setback to President Dona...

29 Jun 28min

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