Blanche Agrees to Help Kill Weaponization Fund in Nomination Bid

Acting Attorney General Todd Blanche said he would support legislation to prevent the creation of a $1.8B government weaponization fund, signaling a concession to skeptical senators ahead of his nomination. The update is politically meaningful but unlikely to directly move markets broadly.

Analysis

Acting Attorney General Todd Blanche said he would support legislation to prevent the creation of a $1.8B government weaponization fund, signaling a concession to skeptical senators ahead of his nomination. The update is politically meaningful but unlikely to directly move markets broadly.