WSJ Opinion: Potomac Watch

President Biden takes a shot at Benjamin Netanyahu even after the Prime Minister had paused his controversial judicial reform in a search for compromise with the opposition. Is Biden trying to topple Israel's new government? Plus, Taiwan President Tsai Ing-wen's visit to the United States may include a meeting with Speaker of the House Kevin McCarthy, much to the consternation of China.  

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House Republicans make a push for H.R.1, the Lower Energy Costs Act, which Rep. Steve Scalise says will help make the U.S. less dependent on foreign oil. But can pieces of this legislation get through the Democratic Senate, and will Joe Manchin secure his permitting reform? Plus, Joe Biden changes course and approves the Willow drilling project in Alaska.

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Judge Kyle Duncan’s speech at Stanford Law School was met with not merely student protests, but prepared remarks from a diversity dean, Tirien Steinbach. The law school's dean, Jenny Martinez, released a letter in response, but is she taking a tough enough line, and what does this incident say about America's future elite lawyers?

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The FDIC found a buyer for Silicon Valley Bank's assets after its spectacular collapse in First Citizens BancShares, and Fed chairman Jerome Powell has vowed to look into the supervisors and regulatory policies to prevent this from happening again. But where does the blame truly belong, and do all signs point to a recession later this year? 

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After criticism for calling Russia's war a "territorial dispute," the Florida Governor and potential 2024 contender adds some nuance. But has he offered a clearer picture of what President DeSantis's foreign policy would look like? Plus, the House GOP suggests it wants to investigate Manhattan D.A. Alvin Bragg's pursuit of an indictment against Donald Trump.

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On this episode of Potomac Watch, Paul Gigot speaks with political scientist Ruy Teixeira about the political implications of an indictment against Donald Trump, why an emerging Democratic majority in Washington never materialized, and why Joe Biden has governed from the left. 

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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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