Bloomberg
US · 1 hrs ago
✦ 72◉ Centre
Trump to Drop Plans for $1.8B Anti-Weaponization Fund | Balance of Power: Late Edition 06/01/2026
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Quality 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
The Trump administration is dropping plans for an $1.8 billion fund that critics characterized as a 'weaponization' initiative, with Republican Rep. Mike Flood welcoming the Justice Department's decision and calling for congressional reconciliation.
Trump to Drop Plans for $1.8B Anti-Weaponization Fund | Balance of Power: Late Edition 06/01/2026
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Kathleen Hicks, former US Deputy Secretary of Defense in the Biden administration, says the path out of the Iran conflict requires experienced negotiators and professional diplomatic teams. Rep. Mike Flood (R-NE) stresses the need for Congress to move on reconciliation after the Justice Department made what he calls the "right choice" on the $1.8 billion so-called "weaponization" fund.
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