Congress
Every Sainteur story on Congress, newest first.
China opposes a reported US plan to block remote access to American computing power
Mao Ning said such measures disrupt global industrial and supply chains and serve no party's interests, and pointed to leaders' common understandings rather than saying a new bill would violate a trade agreement.
Two senators are right to ask HHS about bets on clinical trials and FDA approvals
Their letter covers Kalshi contracts in the United States and Polymarket contracts on an international exchange. Kalshi said it limited the markets when it launched them in July.
Democrat Scott Colom defeats Sen. Cindy Hyde-Smith in Mississippi, AP reports
Democrat Scott Colom won Mississippi's Senate race over Republican Sen. Cindy Hyde-Smith, the Associated Press reported. Colom will be the state's first Black senator since Reconstruction. Democrats will have a Senate majority of at least 55 seats, with Alaska still uncalled.
Congress returns with Dec. 11 funding, the debt limit and a Hegseth impeachment push
The lame-duck window is about five weeks: funding expires Dec. 11, the NDAA is unfinished, and Rep. Thomas Massie is expected to reintroduce a Hegseth impeachment resolution as early as Monday.
Democrats prepare oversight of Musk's DOGE role and companies
House and Senate gavels arrive in January, with planned probes of DOGE data access and whether Musk's companies benefited from his government role; Texas's incoming AG has pledged to scrutinize Starlink broadband grants.
Democrats poised to take Congress as Wall Street braces for hearings more than new laws
Rep. Maxine Waters and Sen. Elizabeth Warren are expected to lead the House and Senate banking panels, with the power to set hearings, pick witnesses and issue subpoenas.
Treasuries rally as investors bet a Democratic Congress will limit spending
Two-year yields fell to an almost two-month low before giving some of it back, and money markets slightly trimmed their bets on Fed hikes next year.
Democrats win the House and Senate, and investors weigh what it means for AI and taxes
Bonds won the morning as investors bet gridlock will slow government spending and a Democratic Congress will look harder at AI.
Stock futures are mixed and Treasury yields edge up as Election Day arrives
Polls favor Democrats to win the House while the Senate is uncertain, and analysts see different implications for spending and markets.
Warren presses Anthropic on the ‘existential’ AI risks in its own IPO filing
The Senate Banking Committee's top Democrat sent Dario Amodei 10 multipart questions on safety and market risk, citing the risk factors in Anthropic's S-1.
Prediction markets favor a Democratic sweep on Nov. 3, but Morgan Stanley expects tariffs and tax policy to stay broadly in place
Prediction markets favor Democrats in both chambers. Morgan Stanley says gridlock and a presidential veto limit what changes, though AI and data centers could face more scrutiny.
A Senate Democrat wants Tether's records on payments to Bo Hines' consulting firm
Sen. Richard Blumenthal sent letters to Tether and Nxum Group, citing Wall Street Journal reporting on payments made while Hines advised the White House on crypto. Tether says an internal investigation by outside counsel found no evidence of wrongdoing.