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Six industry organizations filed a lawsuit against the SEC challenging its controversial private fund adviser rule.

Justice Clarence Thomas, Long Silent, Has Turned Talkative The Supreme Court’s orderly telephone arguments, prompted by the pandemic, have given the public a revealing look at its longest-serving member. Justice Clarence Thomas has been an active participant in the arguments for every case this term.Credit...Erin Schaff/The New York Times May 3, 2021, 5:00 a.m. ET WASHINGTON — Justice Clarence Thomas, who once went a decade without asking a question from the Supreme Court bench, is about to complete a term in which he was an active participant in every single argument. Justice Thomas’s ...

Live Updates: Republicans Push for Biden to Shrink Infrastructure Plans President Biden will meet this week with Republican senators on his infrastructure ambitions, which the senators want him to scale back and pay for without tax increases. Administration officials see some opportunities for compromise. RIGHT NOW Senator Shelley Moore Capito of West Virginia is among the Republicans who will meet with President Biden this week.Credit...Anna Moneymaker for The New York Times President Biden will engage Senate Republicans in further discussions this week as both sides seek a bipartisan compro...