Tyler Kendall

And, Joe, I'll leave you with this one.

The House Financial Services Chair, French Hill, saying that this is an unnecessary distraction, in his words, appearing to take the side of the Fed chair.

It does appear that Powell is talking with the senators in real time.

Senator Lisa Murkowski, a Republican from Alaska, confirmed she spoke with him earlier this morning.

And she's now suggesting that Congress could launch its own investigation into the Department of Justice's investigation.

The House Financial Services Chair French Hill saying that this is an unnecessary distraction, in his words, appearing to take the side of the Fed chair.

restrictions since 2023, in part over the kingdom's ties to Beijing.

Now, I will point out that when President Trump visited Saudi Arabia back in May, the two countries announced a slew of investment commitments related to AI, related to data centers that are going forward.

Riyadh is going to commit to making when it comes to making good on their pledge for $600 billion in U.S.

investments over the next four years.

Now, perhaps adding to the pressure here is that we know that recently the UAE saw some of its export licenses greenlit when it comes to projects run by U.S.

companies there.

But Caroline, this really does

dovetail into the other key part of the conversations today, which has to do with defense.

Caroline, I'll end on this.

It's absolutely packed here in Washington.

We're expecting tech leaders from across the country to descend and world to descend here, all leading up to tomorrow's U.S.-Saudi-led investment summit at the Kennedy Center here in Washington.

No, I think this is a little garden variety correction because we've had a few wobbles, bad news in the private credit market.

I think that we'll have maybe 5% correction.

I think the year will finish on a very, very strong note because really the trend for artificial intelligence is so strong for data centers.