2026-06-24

Senate Republicans and some Democrats fear shutdown this fall after bipartisan spending talks sputtered. GOP cancelled Thursday's markup of four appropriations bills. Shutdown: coming again, right on schedule.

Darrell Cronk, WF's CIO, says zero rate hikes from the Fed are priced into forecasts targeting S&P 500 at 7,900 year-end. Markets aren't selling off, he says—rotating. Markets have decided the Fed is done.

Lawmakers cleared a sweeping housing bill with bipartisan support to address shortages across the U.S. Trump wants to sign it. Eventually.

Gold fell to $4,000 per ounce. The reason: market chatter about possible Fed rate moves. Commodities respond to what might happen.

Cancelled Wednesday signing of the bipartisan housing bill pending Congress passage of the unrelated SAVE America Act. Trump has been pushing the voting bill for months and previously threatened to withhold his signature. Conditional signing as leverage: standard.

Trump was set to sign the landmark bipartisan housing bill. Then he wasn't. The timing now depends on a voting bill Congress hasn't passed. Bipartisan moment: conditional.

Feds raided Eric Adams' former top adviser and multiple ex-NYPD officials Wednesday morning in separate corruption probes into the department and Brooklyn power broker Frank Carone. The net is widening.

U.S. District Judge Casey Pitts blocked the Trump administration from making arrests at immigration courthouses nationwide Tuesday. The ruling bars the practice across all courts. One ruling. Fifty states. Legal momentum shifts.