Capitol Hill Leadership Reset, Hegseth Impeachment Vote, and Market Reaction to Hotter Inflation

Bloomberg's Balance of Power reports live from Capitol Hill on the reshaping of congressional leadership after the midterm elections, a House procedural vote on impeaching Defense Secretary Pete Hegseth, and the lame-duck session's legislative agenda. The episode pairs on-the-ground reporting with interviews of lawmakers and a political panel, plus a market segment on inflation data and AI-related stocks.

■ Congressional Leadership Reset
- House Republicans elect Jim Jordan over Steve Scalise to lead the party in the minority, while Senate Republicans retain their leader as they move into the minority.
- Democrats face their own leadership debate over whether Chuck Schumer should stay on, with members calling for a concrete alternative plan.

■ Impeachment Push Against Pete Hegseth
- The House votes on Republican Thomas Massie's impeachment articles and the procedural motion to table or refer them.
- The White House's stance, lawmaker interviews, and a panel discussion of the process, precedent, and partisan arguments.

■ Lame-Duck Agenda and Interviews
- Government funding deadline, NDAA, permitting reform, reconciliation, and the debt ceiling, covered in conversations with a Republican congressman and Senator Ruben Gallego.
- Discussion of immigration policy, the Iran war, and crypto regulation.

■ Markets and Technology
- Hotter CPI data, Fed officials' rate-hike commentary, Treasury yield moves, and CoreWeave's earnings reaction.
- Reporting on NVIDIA, Jensen Huang, and U.S. export controls on advanced AI chips.

The episode suits viewers tracking U.S. congressional politics, defense policy, and their market implications. It provides context for how the new Congress and administration may interact, what issues are likely to dominate the coming months, and where investors are focusing attention. Bloomberg's Washington Edition newsletter is referenced for further coverage.