Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and the 2026 midterms.

Trump Accounts would be a boost for all children, experts say. Saving early and allowing compound growth do its magic is key.

🇺🇸The One, Big, Beautiful Bill "is arguably the most significant piece of Legislation that will ever be signed in the History of our Country!" Great job by Speaker Mike Johnson, and the House Leadership, and thank you to every Republican who voted YES on this Historic Bill!" pic.twitter.com/4e22PHtlxl

The decidedly unsexy bond market is usually pretty quiet. But when they want to, bond investors can send a loud, clear message to Washington. They did just that Wednesday and Thursday.

The "big, beautiful bill" passed by House Republicans includes hundreds of billions in cuts to SNAP, more stringent work requirements and more costs to states.

After the House passed a bill for Trump’s agenda by a single vote, the measure faces more hurdles in the Senate. But don’t bet against it becoming law.