Washington Wire

The Market’s All-Time Highs Come With A Load Of Anxiety

Clouds and vertigo have tempered the S&P 500's new all-time highs.

Bessent Says US ‘Long Way’ From Boosting Longer-Term Debt Sales

Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off.

Federal Reserve Officials See Risks Of Higher Inflation Ahead, Support Pause In Rate Cuts

Fed officials last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged.

New Executive Order Geared Towards Independent Federal Agencies

President Trump has signed an executive order mandating that independent federal agencies obtain White House approval before issuing new regulations.

Trump's SEC Leader Shifts Power From Investors To Boardrooms

New policies from the top U.S. securities regulator hand corporate boards more power over investors.

Federal Mortgage Insurer To Lay Off Nearly Half Of Workforce

The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans.

Fed's Bowman: Greater Confidence In Falling Inflation Needed Before More Cuts

Fed Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further this year before lowering rates again.