Toomey Says House in 'Really Rough Spot' for GOP

Pat Toomey, former Pennsylvania Republican Senator, former ranking member of the Senate Banking Committee and Coinbase global advisory council member, says Republicans are in a "really rough spot" in the House while control of the Senate remains much more of an open question. Toomey says the AI buildout should be assessed company by company because businesses have vastly different exposure to AI and it remains unclear where the economic gains ultimately will accrue. Toomey says Sherrod Brown returning to the Senate would be "unfortunate" for crypto and argues Brown has shown hostility toward business and crypto. He speaks with Joe Mathieu and Kailey Leinz on Bloomberg’s "Balance of Power." (Source: Bloomberg)