Key takeaway: JPMorganChase and Bank of America objected to the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge, arguing the change could distort how regulators measure a bank’s reliance on short-term wholesale funding.  Expert quote: “The removal of the [short-term wholesale funding] denominator causes the […]

Key insight: President Trump’s decision to cancel a signing ceremony for a bipartisan housing bill earlier this week has likely delayed the bill’s enactment rather than stopped it entirely. What’s at stake: The housing bill is widely seen as an effort by congressional Republicans to show voters tangible progress on affordability, which is shaping up

Now that the Iran conflict is behind us and oil prices have fallen significantly, we can hopefully move into the second half of 2026 with less drama for housing. It would be great if the economic backdrop was less like an episode of 24 and more like Saved by the Bell. How did housing hold