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Biden’s digital discrimination rule takes effect amid GOP opposition
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New FCC data shows impact of affordable broadband lapse
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Organizations struggle to narrow the digital gap as Congress drags its feet
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Introducing the Vault
Dive into Punchbowl News’ coverage of the pipeline from Washington to Wall Street. Get insights from top lawmakers, breaking news and expert analysis.
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Congress stalls as critical Affordable Connectivity Program runs out of money
Congress is about to let a popular government-backed affordable internet program lapse and lawmakers can’t agree on what to do next.
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Lawmakers head to COP28 climate summit with high expectations
Both Democrats and Republicans are heading to the United Arab Emirates this weekend for the UN’s annual climate conference — but with vastly different missions.
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Trade groups ask Biden to tap Fannie, Freddie and address housing costs
A trio of industry groups representing community bankers, home lenders and realtors asked the White House and Treasury Department to bring two government-sponsored enterprises back into the market for mortgage-backed securities.
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Punchbowl News HQ debuts at CBCF ALC
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Waters pushes CFTC commissioner for senior Treasury gig
The top Democrat on the House Financial Services Committee sent a letter advocating for Commodity Futures Trading Commissioner Kristin Johnson to serve as the Treasury Department’s next assistant secretary of financial institutions.
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Finance + Economy
Capitol Hill picks Scott as Trump’s running mate
Scott was the only Republican candidate besides Trump to receive endorsements from GOP senators from outside his home state.
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Capitol Hill
NRSC chair weighs in on abortion, Trump, fundraising, more
NRSC Chair Steve Daines sat down with a group of reporters this morning at an event hosted by the Christian Science Monitor, taking questions about Republicans’ efforts to capture the Senate majority in November.
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Senate
Democrats propose mortgage access bill, plus IRS updates on $60B
A pair of Democrats is out with a bill this week aimed at making mortgages more accessible for potential homebuyers who speak limited English.
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Finance + Economy