Supreme Court Throws Out Mail Ballot Ban

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WSJ Minute Briefing 2 min 2 speakers 6 chapters transcribed 16 hours ago
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What is the main topic discussed in this episode?

ReliaQuest Ad Reader 0:00
Think all wealth managers are the same? Fisher Investments is clearly different. As a fiduciary, Fisher always does what's best for its clients. They don't sell commission-based investment products or make commissions on trades. Their fees are structured so they do better when clients do better. That might be why many of their clients come from other wealth managers. Visit Fisher Investments.com for more. Investing in securities involves the risk of loss.

What is the morning brief and who is hosting the episode?

Luke Vargas 0:30
Here is your morning brief for Tuesday, September fifteenth.

How did the Supreme Court block the Trump administration’s mail‑ballot rule?

Luke Vargas 0:32
I'm Luke Vargas for the Wall Street Journal. The Supreme Court has blocked the Trump administration's push to create new rules for mail ballots, heading off changes that state and local officials said would have been logistically impossible ahead of November's midterms. In an unsigned, one-paragraph ruling, the court said the U.S. Postal Service can't enforce the rules that would have compelled states to quickly redesign their ballot envelopes, submit lists of voters to the federal government, and get sign off from postal officials.

What EPA actions are reversing Biden‑era emissions rules for coal and gas plants?

Luke Vargas 1:00
calls before ballots could be sent out. The Environmental Protection Agency has said it will unwind two key carbon dioxide emissions rules as part of a wider effort to curb the agency's role in regulating climate change. The first would reverse Biden era policies to crack down on pollution from coal and newly built natural gas power plants. The other concerns the EPA's broader authority under the Clean Air Act, which could prevent future administrations from the regulating power plant emissions. And the global bond sell-off is gaining steam this morning, with a jump in oil prices pushing the 10-year Treasury yield back above 5%.

Why are rising oil prices and a global bond sell‑off affecting Treasury yields and the Fed’s rate outlook?

Luke Vargas 1:39
The closure of a crucial crude oil pipeline in Saudi Arabia is sending energy prices higher and stoking fears of inflation. Together, the moves have dialed up the pressure on the Federal Reserve ahead of tomorrow's interest rate decision, with a rate hike now considered all but certain. And US stock futures are pointing lower this morning, following earlier losses in Europe and Asia. And we have got a lot more coverage of today's news on the WSJ's What's News podcast. Listen and subscribe wherever you get your podcasts.

How does Fisher Investments position itself as a fiduciary wealth‑management alternative?

ReliaQuest Ad Reader 2:09
Planning for retirement and all the things that go with it can be stressful. That's why Fisher Investments partners with you to understand your unique goals and needs so that they can build a tailored plan that helps you achieve a comfortable retirement. Whether you need help with financial planning, estate planning, tax optimization, or social security, Fisher has specialists to help. Fisher Investments. Now that's clearly different wealth management. Learn more. at fisherinvestments dot com. Investing in securities involves a risk of loss.

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