Tariff question haunts GOP reconciliation debate
Banks may be losing the credit card wars
Judiciary plunges into credit cards
Presented by Wells Fargo
Wells Fargo has donated ~$2 billion over the last five years to help build a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and other community needs. What we say, we do. See how.
Join the Premium Community
Premium Members get three daily newsletters, breaking news alerts, in-depth polling of Capitol Hill leaders, exclusive briefings with the editorial team and more.
Introducing The Portal
By transforming bill tracking and floor action with expert analysis from the Punchbowl News team, The Portal delivers concise, curated insights that cut through the noise, helping policy leaders win.
More From The Vault
Maxine Waters says Dems will still ‘fight’ for policy from minority
Waters said House Democrats on the Financial Services Committee would continue to “fight” for legislation in the 119th Congress.
Chopra calls on Congress to reform deposit insurance
The director of the Consumer Financial Protection Bureau said he believes it’s time for Congress to commit to reforming the federal deposit insurance system.
Lummis charts the path toward a strategic Bitcoin reserve
Lummis raised a lot of eyebrows this summer when she unveiled a bill that would direct the federal government to develop a dedicated “strategic Bitcoin reserve.”
Young, Estes on possibilities for R&D tax break in 2025
The Smith-Wyden tax deal was widely viewed as businesses’ last chance to get uninterrupted R&D benefits by making them retroactive.
The SALT shake begins
The $10,000 limit on deducting state and local taxes expires next year along with most of the other Trump tax cuts.
Presented by Wells Fargo
At Wells Fargo, we cover more rural markets than many large banks, and nearly 30% of our branches are in low- or moderate-income census tracts. What we say, we do. See how.
Popular
Mike Lee’s top priority for antitrust nominees: enforcement
Lee will be the panel’s point person on confirming a head of the antitrust division at the Justice Department.
Elizabeth Warren backs 10% cap on credit cards
The incoming top Democrat on the Senate Banking Committee threw her support behind a 10% cap on credit card interest rates.
Senate poised to reject Sanders’ bid to block Israel arms sales
The resolutions are privileged, meaning they’re hitting the Senate floor without the approval of Majority Leader Chuck Schumer.
Tariff question haunts GOP reconciliation debate
It’s a sign of the concern and member awareness about the possibility of Republicans trying to legislate tariffs as part of their reconciliation package next year.