AP Business SummaryBrief at 12:01 a.m. EDT

The SEC and Big Ten have provided essential support to a college sports bill, which has effectively revived its chances of passing in the Senate. In separate developments, Donald Trump sought interest rate cuts to serve as rocket fuel for the economy. However, he is currently losing that specific fight. These updates highlight significant shifts in both the legislative landscape for collegiate athletics and the ongoing economic pressures surrounding national interest rate policies.