Fed's Kashkari said he does not believe there is a fixed number of meetings.

Pentagon senior officials held a closed-door briefing Tuesday to push "Reconciliation 4.0" to Senate Republicans, urging a substantial increase in defense funding. They said needs go beyond replenishing weapons expended in the Iran and Ukraine conflicts and stressed urgent investment in artificial intelligence. Officials presented a global-threat analysis and candid, committee-level detail on US munitions stocks tied to the Iran conflict. Sources said Democrats were excluded from recent Iran briefings.

The Financial Conduct Authority (FCA) will remove the seven-day waiting period for related research reports during IPOs and simplify information‑sharing requirements between issuers and companies.