House Republicans extended a maneuver they engineered earlier in the year that effectively strips Congress of the power to disapprove of President Trump’s tariffs.
Category: House of Representatives
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Crypto Industry Reaches Milestone With Passage of Genius Act
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
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Here’s How Congress Is Wading Into Crypto Regulation
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
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Congress Was Supposed to Vote on 3 Crypto Bills This Week
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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Republican Tax Bill Is a Losing Deal for Gamblers
The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Record Debt Limit Increase Would Break Republican Precedent
A proposed $5 trillion debt limit increase could make it hard for Republicans to maintain their fiscal hawk credibility.
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House Policy Bill Would Add $3.4 Trillion to Debt, Swamping Economic Gains
The updated findings from the Congressional Budget Office amounted to the latest dour report card for the president’s signature legislation.
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Senate Republicans Propose Key Tax Tweaks to House Bill
Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
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G.O.P. Senators Want Fewer Cuts to Food Aid, Teeing Up a Fight with the House
Republicans whose constituents rely on nutritional assistance worry that cuts to those programs approved by the House will saddle their states with huge costs and harm low-income children.