Trump, stablecoin and House
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Sen. Thom Tillis stood on the Senate floor and warned White House aides to tread carefully as they cut foreign aid and to remember the promises they made to get a rescission bill approved by senators.
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News Nation on MSNWhat’s included in $9B rescissions bill approved by House?The legislation targets foreign aid programs and public broadcasting, long-standing GOP priorities for spending cuts.
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for stablecoins, a type of cryptocurrency tied to the value of an asset like the U.S. dollar.
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Big Beautiful’ July 4 in peril as House Republicans struggle to find votes - GOP stalled on second rules vote as Democrats all present to block president’s tax and spending plan
House Speaker Mike Johnson secures victory as Congress approves $9 billion in spending cuts targeting international aid and public broadcasting in first rescissions package in decades.