An update on President Donald Trump's threat to play an additional 100% tariffs on China -- and the potential for Congress to act on a resolution overturning Trump's emergency tariffs related to Canada and Brazil -- led Bloomberg Intelligence's Washington Policy Pulse on Oct. 22. We note that any resolution, to become law, would need Trump's signature. We also discussed the current policy state of play for the crypto industry, including the potential rulemakings and legislation set to impact firms like Coinbase, Robinhood, Circle and Bullish. Finally, we reviewed our note on SEC efforts to "Make IPOs Great Again" and how smaller firms could be the beneficiaries of such actions. 

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