Senate Votes on Government Funding Bill | Balance of Power 01/30/2026

Watch on YouTube ↗  |  January 31, 2026 at 01:18  |  49:49  |  Bloomberg Markets
Speakers
Romaine Bostick — Anchor, Bloomberg
Enda Curran — Senior Economics Reporter, Bloomberg News
Elizabeth Warren — US Senator
Tyler Kendall — Multimedia Editor, Bloomberg

Summary

The Senate votes on a government funding package to avert a partial shutdown, with a two-week DHS continuing resolution and House action expected Monday. Senator Elizabeth Warren and former Rep. Patrick McHenry discuss ICE funding restrictions and Kevin Warsh's nomination to lead the Fed. Markets react to Warsh, a historic drop in gold and silver, Disney CEO succession uncertainty, and a new BLS nominee.

  • Senate works through amendments on a funding bill ahead of a midnight deadline; a brief shutdown is possible.
  • The package includes a two-week continuing resolution for DHS, with a House vote planned for Monday.
  • Sen. Warren says Democrats want ICE restrictions and opposes a Warsh hearing before Powell/Cook investigations end.
  • Former Rep. McHenry expects Warsh to be confirmed and predicts the Fed will emerge more independent.
  • Michael McKee discusses Warsh's policy evolution and Trump's BLS pick Brett Matsumoto.
  • Romaine Bostick highlights market reaction: gold's largest daily drop since 1983, silver down over 20%, and Disney CEO succession news.
  • Enda Curran previews Warsh's potential Fed policy, including rate-cut arguments and structural changes.
  • Panel discusses shutdown politics and Warsh confirmation process.
Ideas
Romaine Bostick Anchor, Bloomberg 13:09
Precious metals see extreme policy-driven volatility.
Romaine Bostick said the commodity space is seeing extraordinary volatility, with an almost unprecedented drop in precious metals: gold fell the most in a day since 1983 and silver plunged more than 20%, the largest drop since 1950. He framed the market as incredibly volatile in either direction, driven largely by unpredictable policy from Washington, making precious metals a key risk-monitoring setup.
GLD SILVER HIGH
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This Bloomberg Markets video, published January 31, 2026, features Romaine Bostick discussing GLD, SILVER. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Romaine Bostick  · Tickers: GLD, SILVER