House Financial Services Republicans approved legislation Wednesday that would slash funding for the Consumer Financial Protection Bureau and dissolve the Public Company Accounting Oversight Board into the Securities and Exchange Commission as part of the party-line, GOP megabill that is central to President Donald Trump’s agenda…
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A Democratic effort to rebuff President Donald Trump’s sweeping global tariffs failed Wednesday, thanks to two absent senators. Senators voted 49-49 to reject the national emergency Trump used to impose tariffs of between 10 and 50 percent on many of the United States’ largest trading partners…
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After a meeting Wednesday afternoon with vulnerable House Republicans wary of Medicaid cuts, House Energy and Commerce Committee Chair Brett Guthrie (R-Ky.) acknowledged there are still obstacles to enacting major changes to the safety net program as part of the GOP’s massive megabill. Lawmakers have been weighing a new plan to place so-called per capita caps on Medicaid funding to certain beneficiaries in states that have expanded the program under the Affordable Care Act…
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