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Nathan Dean | Weekly Washington Policy Pulse: Crypto Bill Deal, Trump China Trip (May 11, 2026) | Balance of Power, Sonic AI
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Weekly Washington Policy Pulse: Crypto Bill Deal, Trump China Trip (May 11, 2026) | Balance of Power
Balance of Power
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May 11, 2026
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13:57
Interview
Weekly Washington Policy Pulse: Crypto Bill Deal, Trump China Trip (May 11, 2026) | Balance of Power
From
Balance of Power
Nathan Dean
(Senior Policy Analyst, Bloomberg Intelligence, guest)
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Executive Summary
A Republican-led reconciliation bill focused on Homeland Security funding is expected to pass by June, with more contentious items like defense spending potentially pushed to a lame-duck session.
Bipartisan stablecoin legislation, the Clarity Act, has significant momentum and is predicted to pass this summer, despite opposition from the banking sector.
US-China tensions are highlighted by the imminent imposition of new Section 301 tariffs, even as a court strikes down previous tariffs and President Trump prepares for a trip to Beijing.
A leadership change at the Federal Reserve is imminent with Kevin Warsh's confirmation vote, while regulators signal increased scrutiny over the private credit market.
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Processed May 12, 2026
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