Trump: Canada Must Pay for ‘Filthy’ Wildfire Smoke | Balance of Power 07/17/2026

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"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Rep. Joe Morelle (D-NY), House Administration Committee Ranking Member and House Appropriations Committee Vice Ranking Member, addressed concerns raised by the president's recent speech questioning the integrity of U.S. elections. Erin Covey, Editor at The Cook Political Report, said the upcoming midterms are anticipated to be challenging for Republicans, particularly in the House of Representatives. Roberto Lazzeri, Mexico's new Ambassador to the United States, discussed the upcoming round of negotiations on the potential renewal of the USMCA trade agreement, scheduled for the following week. Chapters: 00:01:35 Bloomberg’s Laura Davison on Trump: Canada Must Pay for ‘Filthy’ Wildfire Smoke 00:04:14 Representative Joe Morelle (D-NY) on Trump Sows Doubts About US Elections in Speech 00:08:03 Rep. Joe Morelle (D-NY) on Government Faces Potential Shutdown This Fall 00:09:42 Rep. Joe Morelle (D-NY) on Trump Proposes $1.5 Trillion Defense Budget 00:13:55 Power Moves: Top Financial Moves 00:17:52 Erin Covey, Editor at The Cook Political Report, on Race To Win Control of the House Remains Competitive 00:24:48 Roberto Lazzeri, Mexico's new Ambassador to the United States, on Magnitude 7.3 Earthquake Hits Mexico-Guatemala Border 00:25:55 Roberto Lazzeri on US, Mexico Trade Talks on Future of USMCA 00:29:39 Roberto Lazzeri on Drug Cartels 00:32:44 Bloomberg’s Michael Shepard on US Considers Creating Finra-Like Watchdog to Vet Top AI Models 00:39:41 Political Panel Reacts: Canada Fires, Trump Media Pitched $100K Monthly Fee for Fast Feed of President’s Posts, Trump Endorses Darline Graham 
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