Federal Reserve Governor Michael S. Barr offered a cautious outlook for the U.S. economy, painting a picture of a resilient economy — but one increasingly buffeted by shocks from the conflict in the Middle East, tariffs and a labor force slowdown.

The Investment Company Institute found that asset-weighted average expense ratios for long-term mutual funds and exchange-traded funds continued a decades-long downward trend through 2025.

Congressional representatives Nikki Budzinski and Adrian Smith introduced bipartisan legislation to prevent government officials from trading on political prediction markets.

The Federal Reserve Board approved an exemption under the Federal Reserve Act to allow a U.S. bank to complete a one-time internal reorganization involving a foreign affiliate engaged in securities activities.

The Managed Funds Association recommended revisions to FINRA’s proposal to allow performance projections in broker-dealer communications.