Fed & Rates: The Federal Reserve is widely expected to raise its short-term rate Wednesday for the first time in three years as August inflation held at 3.4%, with oil and gas costs tied to the Iran war keeping pressure on prices. Crypto Policy: Sen. Tim Scott warned that Democratic resistance to the CLARITY Act could hurt U.S. financial leadership, as the Senate prepares a procedural vote to keep negotiations moving. AI Race & Security: Treasury Secretary Scott Bessent said the U.S. can’t afford to lose the AI race to China, while U.S. agencies flagged alleged industrial-scale “distillation” by six China-based AI firms. Markets & Bonds: Investors are pushing back on a larger U.S. Treasury bond buyback plan, even as Treasury Secretary Bessent blamed “global issues” for rising yields. Health Costs: A House hearing spotlighted why oral chemotherapy can cost far more than IV versions, with lawmakers targeting PBMs and insurers. Defense Spending: Rep. Thomas Massie filed impeachment articles against Defense Secretary Pete Hegseth over Iran hostilities without congressional approval. Energy & Inflation: U.S. oil reserves hit a 40-year low amid supply disruptions, adding to fears of higher rates and mortgage pressure. Kennedy Center Finance: A judge blocked the Kennedy Center from restoring Trump’s name on its building, as the board warns of financial strain.