Trump Flexes Grip Over GOP | Balance of Power: Early Edition 5/20/2026

Watch on YouTube ↗  |  May 20, 2026 at 20:33  |  56:32  |  Bloomberg Markets
Speakers
Charlie Pellett — Anchor/Reporter, Bloomberg
Michael Sasso — Economics Reporter, Bloomberg

Summary

The episode covers primary election results, US-Iran tensions, the indictment of Cuba's Raúl Castro, and housing affordability. Market commentary highlights a slide in oil prices on Iran deal hopes, stocks rallying, and anticipation of Nvidia earnings. A segment with Aflac discusses AI integration in insurance.

  • Primary election results show Trump's influence, with runoff races in Georgia.
  • US-Iran conflict: Trump threatens further strikes while signaling possible deal; Iran warns of retaliation beyond the Middle East.
  • DOJ unseals indictment against Cuba's Raúl Castro for 1996 aircraft shootdown.
  • House passes housing affordability bill targeting institutional investors.
  • Stocks rise, oil falls on hopes for Iran deal; Nvidia earnings awaited.
  • ASML price target raised by UBS, citing memory demand and investment cycle.
  • Intuit announces 17% staff cut as part of AI-focused restructuring.
  • Aflac SVP discusses balancing AI efficiency with human touch in insurance claims.
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