Stocks Selling Off Ahead of Congressional Deadlines // Oil at 3-Year High, Nat. Gas in Short Supply - 9/28 (Hour 1)

(2:17) - Markets are undergoing a steep sell-off as major deadlines loom for Congress. These deadlines include the debt ceiling, government funding, the infrastructure bill, and the reconciliation/social spending bill.(12:17) - Oil prices have hit a three-year high amid a natural gas shortage that is having ripple effects across North American and Europe. Heading into winter, there is reason to believe this situation will get worse before it gets better.(26:30) - Robert Kaplan and Eric Rosengren are retiring from their posts as Fed Presidents following accusations of insider trading.(33:07) - Merck is far along in talks to acquire Acceleron Pharmaceuticals, which is valued at around $11 billion. The deal could be announced later this week.