Washington

After months of hard-fought negotiations, the House Transportation and Infrastructure Committee's version of the surface transportation reauthorization is out of the gate.

Artificial intelligence is very soon going to allow treasury departments to spend vastly less time on routine work and more on stategy, thereby lowering borrowing costs.

The SEC's reversal "is a very significant change," said Paul Kisslinger, a partner at Barnes & Thornburg.

House Transportation & Infrastructure committee leaders released the long-awaited bipartisan bill Sunday night.

The $6 billion federal loan for the West Coast bullet train would set a bad precedent, opponents told the Department of Transportation.

The SEC is now focused on "quality of cases versus quantity," the SEC chairman said during a discussion held as part of the 2026 FINRA Annual Conference.

The authority is also seeking legislation that would allow it to issue revenue bonds backed by $1 billion in annual cap-and-invest revenue.

While the surface transportation reauthorization remains a work in progress, advocates for high-speed rail travel are exploring the benefits of public private partnerships

The Senate voted 54-45 to confirm Kevin Warsh to lead the central bank. Warsh will take the reins from Jerome Powell, who said he will remain on the Federal Reserve Board.

Kevin Warsh's nomination to the Federal Reserve chairmanship will require a second vote, which should happen this week.