Axios

JPMorgan Chase CEO Jamie Dimon stood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar.

Why it matters: With investors increasingly anxious about whether AI revenue can keep pace with spending, the head of the world's largest bank endorsed a capital expenditure wave projected to top $1 trillion next year.

President Trump set out on his first day in office to free artificial intelligence from government constraints.

• 15 months later, his own White House is preparing to become a gatekeeper for the most powerful new models on Earth.

Why it matters: AI has crossed a threshold that no administration — not even one ideologically committed to staying out of its way — can afford to ignore.

The gasoline price surge is reigniting political chatter about suspending the federal tax on the fuel to help consumers, thanks to a recent round of populist proposals from high-profile Democrats.

Why it matters: It's one of those go-to ideas that never actually happens, but often surfaces when prices climb.