US Sees 80-85% Chance of Iran Deal Being Signed | Balance of Power: Late Edition 06/12/2026

“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Gary Gensler, former Chair of the Securities and Exchange Commission, says SpaceX’s blockbuster IPO is part of a new era of mega-IPOs, raising questions about valuation, governance and what future AI debuts could look like. Tommy Pigott, US State Department spokesperson, talks about the diplomatic progress between the US & Iran, and the expirations of key FISA surveillance tools. Jen Gavito, Senior Advisor at The Cohen Group, says there is “a long way to go” even if the US and Iran sign a memorandum of understanding. (Source: Bloomberg)