Bloomberg Talks

Senator Mark Warner (D-VA) says Congress must move quickly to establish safeguards for artificial intelligence, warning that the technology could severely disrupt employment for recent college graduates. Warner also says he currently opposes the administration's supplemental funding request for the war with Iran and explains why he voted against Jay Clayton's nomination for director of national intelligence. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power."
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Republican Senator Rick Scott of Florida says preventing Iran from obtaining a nuclear weapon will likely require "a lot more bombing" and argues that "nothing should be off the table" when asked about the possibility of the US occupying Iran's Kharg Island. Sen. Scott says a sanctions bill targeting buyers of Russian energy will pass before the August recess. He also calls for eliminating the legislative filibuster. He speaks with Bloomberg's Joe Mathieu and Kailey Leinz.
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Senator Rand Paul, a Republican from Kentucky, says the biggest threat to the country is debt. Defense Secretary Pete Hegseth asked Congress on Tuesday for an additional $67 billion to help fund the war in Iran. Paul calls that "fiscally irresponsible." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.
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Charles Schwab President and CEO Rick Wurster says the firm is seeing smaller, more incremental trades while speaking to BTV's Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily. Wurster also says that AI is helping people get more comfortable researching stocks.
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Bermuda Premier David Burt says that the island's on-chain economy initiative is aimed at making regulated digital assets more accessible. Speaking to Scarlet Fu and Tim Stenovec on Bloomberg Crypto, Burt says that Bermuda's regulatory framework gives financial companies the clarity to innovate and serve customers globally while integrating blockchain tools into their businesses.
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