Rep. Steil: Housing Bill Will Become Law Despite Delay

Rep. Bryan Steil, a Wisconsin Republican, says he believes the bipartisan housing bill President Trump delayed signing will ultimately be enacted, citing overwhelming support in Congress. Steil says he supports the SAVE America Act, but notes there are other ways to pursue the President’s election goals, including updating the REAL ID Act. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.” (Source: Bloomberg)

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LaVorgna: Fed May Need to Raise Rates

Joe LaVorgna, SMBC Americas Chief Economist and former Counselor to Treasury Secretary Scott Bessent, says …