Three days later, The Wall Street Journal reported that Citadel had acquired most of a distressed AI portfolio after its owner suffered heavy losses. Citadel Securities published its July rate call two days before the Federal Reserve’s decision. It did not discuss Situational Awareness, individual AI securities, or any potential asset acquisition by Citadel. The surprise hike advocated by Citadel Securities therefore never occurred. The sequence would still not prove coordination or misconduct, but it would make the overlap between Citadel Securities’ policy advocacy and Citadel’s financial opportunity far more consequential.