💬 Quoted… "Senators are able to choose what they wear on the Senate floor. I will continue to wear a suit."

Prepare to see more Patagonia vests and $900 solid-color tees on politicians – Senate Majority Leader Chuck Schumer (D-NY) has instructed the Senate's Sergeant at Arms to no longer enforce the chamber's dress code for senators. The updated rule will go into effect this week, and replaces the chamber’s previous mandate that men and women wear business attire on the Senate floor (which means a coat + tie for men; the rules for women have been relaxed over the past few years).

• Fun fact: It's unclear whether the Senate dress code is actually an official, written policy. It appears to be more of an informal custom, enforced by the Sergeant at Arms, per Axios.

📉 Stat of the Day: If the economy was a highway, consumers are taking the closest exit ramp. According to a new CNBC-Morning Consult survey of ~4,400 US adults, 92% have reduced their spending over the past six months. And the cuts are expected to continue; 76% of those surveyed plan to cut back on spending for non-essential items over the next six months, and 62% expect to cut back on essential items “sometimes” or “more often” over the same timeframe.

🤔 Did You Know?... Female authors’ share of all books published has grown from ~25% in 1970 to roughly 50% present day, according to data analyzed by Joel Waldfogel, an economist at the University of Minnesota's Carlson School of Management.

📰 Worth a Read: How a Squiggly Line on a Map Got Barbie Banned in Vietnam → (WSJ)