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Democrats want Powell to cut rates, too
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Finance + Economy
The House slouches toward crypto floor votes
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Finance + Economy
Tax bill nearing Senate finish
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Finance + Economy
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Senate GOP wouldn’t sweat early Fed pick
Senate Republicans don’t seem all too concerned about the prospect of President Donald Trump naming or nominating a new head of the Federal Reserve with almost a year left in Chair Jay Powell’s term.
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Inside Banking’s reconciliation redux
Senate Banking Republicans have submitted a reworked reconciliation draft to the parliamentarian, which we obtained.
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Finance + Economy

Admin could axe ‘revenge tax’ pending talks
The so-called “revenge tax” is meant to hit back at foreign governments charging “unfair” taxes, like the global minimum tax deal that Republicans despise.
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Jay Powell’s awkward Senate stint
The panel’s leadership went hard at the Federal Reserve chair, questioning the organization’s regulatory moves and administrative challenges.
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Finance + Economy

Emmer says GENIUS, CLARITY must be linked
Emmer is the latest and highest-ranking GOP official to break with President Donald Trump on a legislative strategy for crypto reform.
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John who? Texas GOP skirts Cornyn endorsement
Senator John Cornyn is facing his toughest primary yet — and not a single Texas Republican in Congress is backing him.
Campaigns

Democrats skeptical after Iran briefing
Senate Democrats left a classified briefing on Thursday skeptical of the White House’s claim that U.S. air and missile strikes “obliterated” Iran’s nuclear program.
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Senate

Scalise unloads on parliamentarian
House Majority Leader Steve Scalise unloaded on the Senate parliamentarian this afternoon, hinting that the chamber’s non-partisan scorekeeper was treating the GOP unfairly.
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House

Inside Banking’s reconciliation redux
Senate Banking Republicans have submitted a reworked reconciliation draft to the parliamentarian, which we obtained.
The Vault
Finance + Economy