Acting AG Blanche Not Moving Forward With $1.8B Fund | Balance of Power: Late Edition 06/02/2026

“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Rep. Suhas Subramanyam (D-VA), says FHFA chief Bill Pulte is “absolutely not qualified” to serve as acting director of national intelligence and expects the Trump administration to rely more on acting officials to advance the president’s agenda without Senate confirmation. Aalok Mehta, Director of the Wadhwani AI Center at the Center for Strategic and International Studies, says it is unclear what President Trump’s executive order establishing voluntary federal reviews of advanced AI models will accomplish. (Source: Bloomberg)