Inflation plowed ahead at its fastest 12-month pace in nearly 40 years. This comes amid a shortage of goods and workers and on the heels of unprecedented cash flowing through the U.S. economy from Congress and the Federal Reserve. Congress often talks tough about reining in Wall Street. But now there’s growing pressure on Capitol Hill to curb lawmakers’ own trading. CNBC’s Ylan Mui reports on a bill intended to push restrictions on how lawmakers trade stocks. NBC Digital’s Marc Caputo reports that Congressman Matt Gaetz’s ex-girlfriend testified to a grand jury today in the sex crimes probe against him. CNBC’s Valerie Castro reports on a judge’s decision that the sexual assault civil suit can go forward against Britain’s Prince Andrew. Plus, CNBC’s Wilfred Frost reports Boris Johnson has apologized today for attending a garden party during the country’s Covid lockdown last year.