Two of the U.S. government’s most powerful banking regulators said, in response to pointed questions about their futures from Republicans on the House Financial Services Committee, that they have no plans to step down.

Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out for Comcast given the decay of legacy media.

Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.