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National spotlight: U.S. Sen. Bill Cassidy is drawing national attention after a New York Times report found that several assurances he said he secured from Health Secretary Robert F. Kennedy Jr. on vaccine policy have since unraveled. Changes at the CDC, funding cuts and staffing moves appear to conflict with conditions Cassidy set. Read more from The New York Times.
$80 billion plan: The U.S. is reviving large-scale nuclear construction, backing Westinghouse to build up to eight AP1000 reactors as electricity demand surges with AI. Despite past multibillion-dollar overruns, the $80 billion plan aims to restore U.S. nuclear leadership by standardizing designs and accelerating timelines, though experts say key project details remain unclear. Read more from The Wall Street Journal.
Profits climb: U.S. bank earnings climbed more than 13% in the third quarter, with net income rising $9.4 billion, to $79.3 billion, the FDIC reports. Lower provision expenses and stronger net interest income drove the improvement. The deposit insurance fund grew to $150.1 billion, while the number of “problem banks” fell slightly, from 59 to 57. Read more from Bloomberg. A subscription may be required.
