Rep. Swalwell Plans to Resign From Congress | Balance of Power 04/13/2026

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative Jodey Arrington (R) Texas details Republican plans on defense funding and a possible supplemental and reconciliation talks. Elisa Ewers, Senior Fellow for Middle East Studies at the Council on Foreign Relations, says there's no clear solution to extending the current truce as Hormuz tensions become a "game of chicken." Representative Glenn Ivey (D-MD) reacts to Congressman Eric Swalwell's announcement that he's resigning from Congress.

Chapters:
00:00:00 - Balance of Power: Late Edition Begins
00:01:59 - Jeff Mason on Pres. Trump Says Iran Reached Out on Deal As US Blocks Hormuz, Trump Attacks Pope for Iran War Criticism, Trump AI Image
00:04:50 - Rep. Jodey Arrington (R-TX) on GOP Budget, Defense Spending Priorities, Ethics Review on Rep. Eric Swalwell
00:14:42 - Power Moves: Top Financial Stories of the Day
00:18:00 - Elisa Ewers, Council on Foreign Relations Senior Fellow, on US Negotiation Positioning With Iran, If Truce Can Be Extended
00:24:14 - Breaking News: Rep. Eric Swalwell (D-CA) Resigns From Congress
00:26:24 - Mike McGlone Shares His Insight on Oil Gains As US Blocks Strait of Hormuz
00:29:12 - Rep. Glenn Ivey (D-MD) Shares His Reaction to Rep. Swalwell’s Resignation, Talks Possible House War Powers Vote, Ongoing Funding Negotiation
00:38:43 - Power Brief: Top Stories Watching Tonight
00:39:45 - Political Panel React to Hungary Elects New PM, VP Vance’s Negotiations in Pakistan, Trump & Pope Leo XIV,Reaction to Rep. Swalwell Resigning
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