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McCarthy still unwilling to compromise with Democrats—or his right flank.

Republican hardliners threaten McCarthy’s speakership.

Republicans argue private fund adviser rules will harm small and diverse fund managers and stifle innovation, potentially bolstering the legal challenge filed by the industry.

California takes the lead on diversity and climate disclosures, digital privacy

New requirements significantly expand SEC regulation of private funds.

California considers bill with DEI implications for VCs.

PayPal launches a stablecoin—will Congress finally act?

The Carta Policy Team gets into the weeds on expected SEC private fund rules.

Senate votes to add outbound investment language to the NDAA.

Congress targets venture investments in Chinese tech.

Congress gears up for a busy July, with strong focus on financial services.