Good morning. When Attorney General Pam Bondi swore in a new U.S. attorney for eastern Virginia on Monday, it wasn’t a routine act by the nation’s top law-enforcement official.

Upping the pressure: It marked instead the latest step in an escalating pressure campaign by President Trump to more aggressively target his political enemies. His demand that Bondi prosecute his adversaries has put her in a bind and alarmed some current and former Justice Department officials who say it threatens the institution’s credibility in ways that will be difficult to repair.

Latest moves: Trump on Friday ousted the leader of the Virginia office, Erik Siebert, a veteran prosecutor with conservative credentials who had Bondi’s support but who hadn’t been able to muster a case against New York Attorney General Letitia James on allegations of mortgage fraud, which she denies. The president on Saturday then picked one of his former personal lawyers to take Siebert’s place: Lindsey Halligan. She has spent much of her career as an insurance lawyer, and this year was selected as a White House aide to oversee a review of Smithsonian exhibitions to ensure they align with Trump’s interpretation of American history.

Potential impact: Peter Keisler, who served as acting attorney general under former President George W. Bush, said Trump was “making clear to the entire Justice Department workforce that anybody who does their job and resists this kind of demand is at risk of being fired. That’s toxic to the running of a fair criminal-justice system.” Beyond the prosecutions Trump is pushing for, his unabashed pressure campaign could undermine confidence that other investigations are being pursued for legitimate reasons, Keisler said.

Apple, U.S. Bank escape CFPB compliance monitoring years early.

The U.S. Consumer Financial Protection Bureau has let Apple and U.S. Bank out of compliance reporting obligations years early, Max Fillion reports for Risk Journal.

Monitorships less popular. The agency announced the early termination of the requirements on Tuesday, noting that each company had paid the eight-figure monetary penalty imposed on them by the agency under the former Biden administration. The announcements come in the midst of a wind-down in CFPB enforcement and a trend against corporate compliance monitoring across the Trump administration.

In targeting common painkiller, Trump oversteps his own advisers’ guidance on autism.

For a generation, parents have waited for an answer to what is causing a mysterious increase in autism diagnoses among children. On Monday, they got a hypothesis on the culprit straight from President Trump: Tylenol, a common painkiller widely deemed safe.

Reaction: Scientists and medical groups decried Trump’s warning on Tylenol as unfounded and potentially dangerous given the downsides of untreated fever and pain during pregnancy. So did some fellow conservatives.

• A U.S. judge threw out a lawsuit against Shinhan Financial Group brought by former compliance staff who said they were fired for whistleblowing, Risk Journal reports. 
   
• The U.S. Treasury’s Office of Foreign Assets Control has settled with defunct Swiss-incorporated cryptocurrency exchange ShapeShift AG for $750,000 over thousands of apparent violations of multiple U.S. sanctions programs involving transactions with users in Cuba, Iran, Sudan and Syria.
   
• Orsted can resume construction of a U.S. offshore wind farm that was halted by the Trump administration last month, a U.S. judge ruled on Monday.
   
• Congressional Democrats are seeking answers about an anti-money-laundering regulation that the Trump administration has put into limbo.
   
• The Securities and Exchange Commission accused two men who bought well-known brands including RadioShack, Modell’s Sporting Goods and Pier 1 Imports out of bankruptcy of running a Ponzi scheme that raised about $112 million from investors through fraudulent means.

Trump warns EU to stop buying Russian oil and gas, threatens more tariffs.

President Donald Trump on Tuesday warned that the U.S. was prepared for a “very strong round of powerful tariffs” if Russia doesn’t agree to end the war in Ukraine, as he called out European countries’ purchases of Russian energy.

In a nearly one-hour speech at the United Nations General Assembly meeting, Trump discussed the need to end Russia’s war in Ukraine. “China and India are the primary funders by purchasing Russian oil but even NATO countries haven’t cut off much energy and energy products. They are funding the war against themselves,” he said.

• Trump Says Migration and Climate-Change Policies Are Destroying the West
• Trump Says Ukraine Can Take Back All Lost Territory

Tariffs to hit slowing U.S. economy hard in 2026, OECD says.

The U.S. and global economies are set to slow less sharply this year than previously expected, but will continue to lose momentum in 2026 as higher tariffs take an increasingly large toll on activity, the Organization for Economic Cooperation and Development said Tuesday.

In a quarterly report, the Paris-based research body forecast the U.S. economy will grow 1.8% this year and 1.5% next year, having expanded by 2.8% in 2024. In June, the OECD projected growth of 1.6% this year and 1.5% in 2026.

• Many countries most vulnerable to the impact of climate change lack the environment to enable effective infrastructure development, affordable finance, technology and investment to participate in the clean energy transition, world leaders warned Monday.
   
• Jaguar Land Rover extended its production pause until Oct. 1 as it continues to deal with the fallout of a recent cyberattack.
   
• The cascade of Western governments recognizing a Palestinian state this week has been met in Israel by calls from ministers in Prime Minister Benjamin Netanyahu’s government to permanently snuff out that idea by annexing the West Bank.
   
• President Javier Milei drew praise from Wall Street to the White House for a free-market overhaul of Argentina’s ailing economy. Nearly two years on, the promised recovery from his self-described economic shock therapy is nowhere in sight.
   
• The first U.S. House delegation to China in six years met with senior Chinese officials this week as the two countries seek to keep diplomatic momentum going ahead of an expected meeting between President Trump and Chinese leader Xi Jinping.
   
• Denmark’s police and military are investigating drone sightings that forced airports in Copenhagen and Oslo to close for several hours.
   
• France’s slide into political and fiscal dysfunction is generating a groundswell of support for a sweeping wealth tax that would represent a radical break from the pro-business agenda of President Emmanuel Macron.
   
• The Secret Service dismantled a network of devices capable of disrupting cellphone services before the United Nations General Assembly.

• Chair Jerome Powell stated the Fed’s interest-rate stance remains “modestly restrictive” after a recent rate cut.
   
• Jimmy Kimmel returned to ABC Tuesday night after a four-day suspension, choking up as he told the audience that it was never his intention “to make light of the murder of a young man” and criticizing the Trump administration for threatening comedians and the press.
   
• OpenAI laid out its vision for a vast, $1 trillion build-out of computing warehouses across the U.S. and abroad Tuesday, showcasing the development of a Central Park-sized complex about 180 miles west of Dallas.
   
• President Trump backed out of a planned meeting with Democrats as the country inched toward a government shutdown a week from now, with no negotiations set to find a way out of the impending crisis that would affect government services and hundreds of thousands of federal workers.

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