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Weekly Washington Policy Pulse: Iran Conflict, Congress on Tariffs (March 2, 2026)

A briefing on the current state of the US-Iran conflict, with a focus on the defense contractors like Lockheed, RTX and Northrop, led the March 2 edition of Bloomberg Intelligence’s Washington Policy Pulse. Senior Industry Analyst Wayne Sanders discussed how the attack on Iran is likely to be a limited engagement relying primarily on air and naval assets, supporting increased US investment in those assets. We also discussed how we think Congress is unlikely to authorize -- or block -- President Donald Trump's tariff strategy and gave a timing update on the future of the Basel III…

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