Washington

The proposal would effectively cancel part of a rule change that had not yet become effective.

"I would be quite surprised if he did not make a choice that fair-minded observers on both sides recognized as a reasonable person," Summers said on Bloomberg Television.

"We could do this as early as July," Waller said Friday in a televised interview.

The FOMC's decision to "hold rates steady while signaling only two cuts this year was a subtle but powerful shift," said James Pruskowski, CIO at 16Rock Asset Management.

The action stems from conduct that occurred from 2020-2023, FINRA alleged.

The Senate needs 51 votes to pass the bill, which has already sparked opposition from moderate and conservative Republicans.

The panel is not expected to change rates, but the dot plot will be watched to see if the Fed's prior projection of two rate cuts this year holds.

If passed it would untangle sections of the tax code that limits the use of Low-Income Housing Tax credits by Native American tribal governments.

Hospital spreads have widened as investors wait to see how the One Big Beautiful Bill will impact providers.

The mayor and city council chair of Washington D.C. are feuding in public over a deal to bring an NFL stadium to the city by leveraging over $1 billion in public financing.