WSJ Opinion: Potomac Watch The Wall Street Journal

The first veto of Joe Biden's presidency gives retirement-fund managers more freedom to indulge in politicized investment decisions. But why are social-justice and climate-change funds getting priority over those that might yield higher returns? Plus, the White House and Democrats take aim at the Freedom Caucus' budget blueprint to reign in government spending. 

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After UBS rescued Credit Suisse in a billion-dollar takeover bid, Janet Yellen warns investors that bailouts could be on the way for even smaller banks. But are these regulatory actions causing their own risks and harm? Plus, the world is on edge as Xi Jinping and Vladimir Putin meet this week, raising questions about that alliance and the war in Ukraine. 

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The former President signals he could be indicted this week on charges related to hush-money payments to his alleged mistress. What's behind Manhattan District Attorney Alvin Bragg's revival of a seven-year-old case, and what are the political implications?

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Treasury Secretary Janet Yellen testified on Capitol Hill that the economy is strong and the U.S. banking system is sound, despite the collapse of Silicon Valley Bank and the bailout of First Republic Bank. So what did the regulators miss, and what does Joe Biden plan to do about it? Plus, a decision on insulin prices by French drugmaker Sanofi could hold unexpected consequences for U.S. patients. 

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Despite his hawkish past, Florida Governor Ron DeSantis responded to a Fox News questionnaire by saying the war in Ukraine was not a vital U.S. interest. Was this a mistake by someone relatively new to the world of foreign affairs, and can it be fixed by the time he potentially launches a Presidential campaign? Plus, Donald Trump says he could end the Russia/Ukraine conflict in a day, and Mike Pence believes supporting Ukraine is part of the conservative tradition of Ronald Reagan. 

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News reports suggest that Manhattan District Attorney Alvin Bragg might be planning to indict Donald Trump for falsifying business records related to his hush money to Stormy Daniels in 2016. Could prosecutors be stretching the law to make this a felony, how would a criminal case affect the 2024 primaries, and could Trump run as a third-party candidate?

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