Trump, House and bill
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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.
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.
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.
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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.
House Republican leaders are preparing for a late night in the chamber as they try to jam through President Donald Trump’s $9 billion package of cuts to federal funding — after a day of intense talks with GOP holdouts demanding a vote on a Jeffrey Epstein-related measure.
Senate sanctions bill targeting Russia's energy exports with hefty tariffs gains momentum as Trump shifts position on Russia, with Graham teasing presidential support.