Federal Reserve Chairman Kevin Warsh appears before the House Financial Services Committee to deliver the semi-annual monetary policy report on the central bank, at the Capitol in Washington, Tuesday, July 14, 2026. (AP Photo/J. Scott Applewhite)

Federal Reserve Chairman Kevin Warsh appears before the House Financial Services Committee to deliver the semi-annual monetary policy report on the central bank, at the Capitol in Washington, Tuesday, July 14, 2026. (AP Photo/J. Scott Applewhite)

Federal Reserve Chairman Kevin Warsh appears before the House Financial Services Committee to deliver the semi-annual monetary policy report on the central bank, at the Capitol in Washington, Tuesday, July 14, 2026. (AP Photo/J. Scott Applewhite)

New York City Mayor Zohran Mamdani speaks with Rikers Island inmates as they watch the World Cup semifinal soccer match between England and Argentina, at the jail complex in New York, Wednesday, July 15, 2026. (AP Photo/Seth Wenig)

Rikers Island inmates react as New York City Mayor Zohran Mamdani, not pictured, leaves the jail complex during a World Cup semifinal soccer match watch party for the game between England and Argentina, in New York, Wednesday, July 15, 2026. (AP Photo/Seth Wenig)

New York City Mayor Zohran Mamdani speaks with Rikers Island inmates as they watch the World Cup semifinal soccer match between England and Argentina, at the jail complex in New York, Wednesday, July 15, 2026. (AP Photo/Seth Wenig)

Rikers Island inmates watch the World Cup semifinal soccer match between England and Argentina, at the jail complex in New York, Wednesday, July 15, 2026. (AP Photo/Seth Wenig)

Rikers Island inmates react as they watch the World Cup semifinal soccer match between England and Argentina, at the jail complex in New York, Wednesday, July 15, 2026. (AP Photo/Seth Wenig)