Alex Ossola

Treasury today said that it would allow the resale of Venezuelan oil to private companies in Cuba, though sales to the government in Havana are still illegal.

It also said that some shipments of American fuel would be allowed for a handful of U.S.

companies.

As we reported earlier this week, the chaos over President Trump's tariffs is sending business leaders scrambling to sort out what may come next.

But some on Wall Street are seeing an opportunity.

Investment firms are buying companies' rights to any refunds they might be due.

I'm joined now by WSJ Markets reporter Caitlin McCabe.

Caitlin, let's start with the basics here.

Why would a company sell its right to tariff refunds?

Thanks for having me.

And we're exclusively reporting that the Trump administration told Congress it won't share the classified intelligence that led to a whistleblower complaint against U.S.

spy chief Tulsi Gabbard.

In an email to Democratic congressional staffers sent earlier this month, Gabbard's office said it was unable to provide the unredacted intelligence that underpinned the complaint because of presidential claims of executive privilege.

Yesterday, two top Democrats on the Congressional Intelligence Committees sent a letter to Gabbard asking who asserted privilege over the intelligence report and on what basis.

The Journal has reported that the intelligence relates to a conversation two foreign nationals had about Donald Trump's son-in-law, Jared Kushner.

Coming up, what's got investors feeling chipper?

That's after the break.

Circle, the issuer of the world's second largest stablecoin, said today its fourth quarter profit jumped as crypto investors continued to flock to its stablecoin.

Its total revenue also surged 77 percent to $770 million in spite of the meltdown in crypto prices at the end of last year.

Vicky Guihuang covers cryptocurrency for the journal and is here to break it down.