Pieces of Trump's "big, beautiful bill" have been reshaped over past week. Edits appear to have one thing in common: Upward pressure on bill's price.
US global banks can expect much as $6Tn in additional balance sheet capacity and billions in freed up capital under Fed plan to relax leverage rule.
There is now a short list of people who could succeed Jerome Powell as the next Federal Reserve chair, each with their own pros and cons.