Welcome to the CNBC Special Politics and Profit.

I'm Kayla Towscheon Washington.

Jim Kramer has the night off.

Turn on any nightly news program or look at the front page of any paper and you'll see.

The nexus of government and finance is making mainstream headlines daily.

Many of these issues are coming to a head all at the same time.

Starting up, we'll break down next week's crucial Fed decision and the tools to combat

inflation with Council of Economic Advisers Chair Cecil Juraos.

We'll take a look at the geopolitical factors driving big swings in oil and gas prices.

We'll also talk clean energy after President Biden vowed to take executive action on climate

change this week and we'll discuss the money issues at play in the midterms and how a

change in power could impact the market.

But first, a quick check on how we finished up the day and the week on Wall Street.

Stocks pulled back in today's session, the NASDAQ leading the declines following a big

earnings mis for Snapchat that dragged down all of tech.

But it was a strong week overall for the major averages.

The Dow climbed nearly 2%, the S&P gained 2.5%, the NASDAQ climbed more than 3%.

Let's get straight to the big picture on politics in your portfolio.

For that joining us is Jimmy Pethacuchis, Economic Policy Analyst at the American Enterprise

Institute, also a CNBC contributor.

That Jimmy, the picture from Washington, is it a pretty one right now?

That depends.

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