Washington Wire

Bessent Shrugs Off Tariff Selloff, Says Wall Street Isn’t Focus

US Treasury Secretary Scott Bessent projected confidence in President Donald Trump’s expansive plans to tariff foreign nations.

US CFPB Asks To Pause Comerica Enforcement Action

The U.S. Consumer Financial Protection Bureau asked a federal court on Monday to issue a stay in its enforcement action against Comerica Bank.

FDIC To Seek Rollback of Bank Merger Rule, WSJ Reports

The FDIC is planning to propose rolling back a Biden-era policy that ramped up the scrutiny of large bank mergers.

Trump's Pick to Run CFPB Tells Lawmakers 'I Will Follow the Law' at Embattled Agency

Trump's nominee to be director of the Consumer Financial Protection Bureau (CFPB) said he would "follow the law" when pressed by Democratic senators.

The Increasing Role Of Private Investment In Infrastructure

In his first week in office, President Donald Trump announced a $500 billion public-private partnership to expand the nation’s AI infrastructure.

Unforgiving Math Has Republicans Asking For 'Prayer' As They Try To Move Forward On Tax Cuts

House Republicans are trying to keep Donald Trump's push for "one big beautiful bill" alive this week with a budget resolution.

Federal Judge Grants Pause In Litigation Over Challenge Of DOL Fiduciary Rule

A federal judge has granted the Trump administration’s request for a 60-day pause in litigation challenging the Department of Labor’s fiduciary rule.