AI's circular financing is a 'feature,' not a bug, Wall Street's elite bond committee tells Treasury
Treasury's top bond advisers see no crowding out from AI debt yet, even as lenders charge Oracle, CoreWeave and Amazon a lot more.
Wednesday, November 4, 2026
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Treasury's top bond advisers see no crowding out from AI debt yet, even as lenders charge Oracle, CoreWeave and Amazon a lot more.
House Judiciary Committee Chair Jim Jordan (R-Ohio) announced Wednesday that he will run for minority leader, formally entering the race to lead House Republicans in the next Congress after they suffered a major blow in the midterms. He will likely face a contentious fight against current House Majority Leader Steve Scalise (R-La.). Speaker Mike Johnson…
Democrat Richard Ojeda is projected to defeat Rep. Richard Hudson (R), the chair of the National Republican Congressional Committee (NRCC), in the race for North Carolina’s 9th Congressional District, according to preliminary results from Decision Desk HQ. Hudson’s role as the NRCC chair meant he was tasked with helping protect vulnerable House Republicans across the…