Congress
OMB nominee Russ Vought pledges to divest from Bitcoin upon confirmation
A newly released financial disclosure for Russell Vought, President-elect Donald Trump’s nominee to run the Office of Management and Budget, shows he has both Bitcoin and college savings plans among his assets.
Vought, a prominent contributor to the Heritage Foundation’s Project 2025 who led the powerful office during the first Trump administration, is on track to lead the agency a second time around in reviewing federal regulations and developing the president’s budget.
He lists Bitcoin valuing between $1,001 and $15,000 among his assets, but he has pledged to get rid of them “as soon as practical but not later than 90 days after my confirmation,” according to a letter addressed to the OMB’s alternate designated agency ethics official, Laurie E. Adams.
In addition to his $542,204 salary from the conservative think tank he founded, the Center for Renewing America, and it’s advocacy arm, Citizens for Renewing America, Vought reported more than $5,000 in income from the Republican National Committee for preparing the party’s policy platform for the 2024 Republican National Convention.
He has two 529 education investment accounts each worth $50,001 to $100,000. He has 401k and 403b retirement accounts sponsored by his former employers, but Heritage and Center for Renewing America won’t be paying into the accounts any longer. He’s also invested in more than a half-dozen index funds.
Vought earned honorariums from Hillsdale College and American Global strategies for $4,000 and $5,000 each, along with a $500 payment for an article published in World Magazine titled “Taking on the Military Caste” about Sen. Tommy Tuberville’s battle against the Pentagon over abortion.
He has also pledged to resign his positions with both Center and Citizens for Renewing America and his role at America First Legal upon his confirmation, though he did not report income from the conservative nonprofit group.
Vought will appear before the Senate Homeland Security and Governmental Affairs Committee on Jan. 15 for his first confirmation hearing. He will also testify before the Senate Budget Committee, but that hearing is not yet scheduled.
Congress
Blanche to meet with senators
Acting Attorney General Todd Blanche will meet with a group of Senate Republicans today at 11 a.m., a person familiar with the planning said.
The meeting comes as Republicans try to finalize their reconciliation bill and address concerns from members about the Justice Department’s new “anti-weaponization” fund.
Congress
Capitol agenda: Dems try to twist knife in Trump-GOP tensions
A marathon vote series on the Senate floor Thursday could be a big test of President Donald Trump’s ability to get his agenda through Congress after wracking up a body count of lawmakers who have crossed him.
Senate Republicans are expected to bring their party-line immigration enforcement funding bill to the floor today after months of negotiations. But they still need to run through a procedural gauntlet of votes by Democrats who are eager to spotlight growing divisions between the president and members of his own party.
The votes come at a particularly sour time for Senate Republicans, many of whom are still reeling from the president’s successful primary challenge last weekend ending Louisiana Sen. Bill Cassidy’s two-term career in the chamber and his late-breaking endorsement Tuesday undercutting Texas Sen. John Cornyn’s reelection bid.
GOP frustration with Trump and the White House’s handling of the reconciliation bill was already boiling up this week, with Republicans expected to deal a blow to the president by stripping a prized ballroom security funding provision, POLITICO scooped.
Republicans have also shrugged off Trump’s calls to fire the Senate’s parliamentarian, who earlier ruled against inclusion of the ballroom funds to the bill.
Now Democrats will look to the “vote-a-rama” process to crank up the pressure and squeeze vulnerable Republican incumbents on a range of Trump priorities and controversies.
Senate Minority Leader Chuck Schumer’s office said Democrats will offer amendments related to high costs of living, masked immigration raids, the Iran war, “secret payouts, cop-beater checks, ballroom favors, and Trump family corruption.”
High on Democrats’ amendment list: Attacking the Justice Department’s new $1.8 billion “Anti-Weaponization Fund,” which many Republicans were already uneasy about. Democrats have called the money a “slush fund” for Trump allies after officials didn’t rule out that the pot could go toward those charged with storming the Capitol on Jan. 6, 2021.
Democrats are considering multiple strategies, including potentially trying to block the fund outright or ban any payments to Trump supporters who beat law enforcement officers that day, according to Schumer. Sen. Chris Van Hollen said he will offer an amendment to prevent Jan. 6 defendants or child sex offenders from getting payments.
It’s not just the fund that Democrats are planning to target. Sen. Adam Schiff’s list of amendments will include measures to discharge overdue disaster aid in California and other states still awaiting funds from FEMA, Jordain scooped.
Republicans meanwhile are working on their own proposal — which they could put in the yet-to-be unveiled reconciliation bill or offer as an amendment — to restrict the weaponization fund in an effort to get ahead of Democrats’ demands, according to two people granted anonymity to speak candidly.
Republicans are also likely to pitch other amendments: Sen. Josh Hawley has vowed to offer an amendment to extend a ban on Planned Parenthood funding; and Sen. John Kennedy is expected to try to attach Trump’s election security-focused SAVE America Act.
Senators will try to power through the multi-hour vote and deliver the bill to the House by Friday, letting members leave town for the Memorial Day break.
What else we’re watching:
— SENATORS SEARCH FOR HOUSING BILL COMPROMISE: The White House is telling the Senate to pass the embattled housing affordability package that overwhelmingly cleared the House on a 396-13 vote Wednesday. Senate Banking Chair Tim Scott and ranking member Elizabeth Warren signaled they are still pushing for changes.
— DEMS LOOK FOR ANOTHER WAR POWERS WIN: GOP defectors could hand Democrats a war powers success in the House today after delivering a win in the Senate Tuesday. Speaker Mike Johnson is expected to whip against the resolution, but the final tally could ultimately come down to which lawmakers show up to the floor.
Jennifer Scholtes, Katherine Hapgood, Connor O’Brien and Leo Shane III contributed to this report
Congress
Republicans come to grips with midterm reality: Trump won’t be doing them any favors
An emboldened President Donald Trump is determined to flex his power over the GOP — at seemingly any cost.
Republicans are coming to grips with a president who less than six months out from the midterms is focused on racking up a body count of lawmakers who have crossed him, asserting his control over his party and burnishing his legacy — putting the GOP legislative agenda and the survival of its majorities at risk.
That reckoning is playing out on Capitol Hill this week as frustrated Republicans — including some lawmakers that Trump has essentially cast out of the party — joined with Democrats to rebuke his handling of the Iran war, deny public money for his White House ballroom and decry an “anti-weaponization” fund that could be used to pay presidential allies.
It does not appear that Trump or many of his allies in Congress are prepared to heed that message. Instead they are doubling down on loyalty.Speaker Mike Johnson tried to quiet any anxieties within his conference Wednesday, arguing that the president “knows what’s at stake” this November and is working to keep the GOP in control in the House and Senate.
But asked about Trump ousting Kentucky Rep. Thomas Massie, one of few remaining GOP mavericks in Congress, the speaker made clear that a certain level of dissent will not be tolerated.
“We need people here … who are not trying to carve out their own lane and do something that’s destructive or counterproductive to the agenda, and that’s what’s happened,” Johnson said. “That’s the message.”
Just as Johnson spoke, Trump turned his fire on yet another GOP lawmaker — Rep. Brian Fitzpatrick, who represents a purple Pennsylvania district that Kamala Harris won in 2024 and is widely seen as the only Republican capable of holding it.
Trump attacked him after fielding a question he didn’t like from a Fox News reporter who is engaged to Fitzpatrick: “He likes voting against Trump. You know what happens with that? It doesn’t work out well.”
Coming on the heels of Trump’s moves to oust two sitting GOP senators, many Republicans blanched as the president again unloaded on one of their own.
“It’s dumb,” said Rep. Don Bacon (R-Neb.), who is choosing to retire at the end of his current term after clashing with Trump on numerous issues.
“It seems like he’s given up on holding the majority and focusing on loyalty in the minority,” said another House Republican granted anonymity to speak candidly.
Fitzpatrick told reporters Trump’s attacks would have “zero” effect on his positions: “He can say what he wants. It doesn’t impact me at all. It doesn’t hurt my feelings.”
To be sure, some Republicans are openly cheering the president’s bare-knuckle crackdown on his opponents within the party. But others are despondent about where the president’s attention appears to be — on his ballroom, a triumphal arch and the internal revenge campaign — as gas prices continue to rise and the Iran war drags on with little end in sight.
“I believe that there are people in the White House who couldn’t care less about what happens in November,” said Sen. Thom Tillis (R-N.C.), who, like Bacon, is retiring. “And that goes to show you how stupid they are, because if they don’t get Republicans reelected, they’re going to create the most miserable two years of this president’s life.”
Trump officials are dismissing any concerns about the president’s focus.
White House spokesperson Olivia Wales touted the president’s policy accomplishments, including border security, tax cuts and a drop in violent crime. She said the president will continue to “draw a contrast” with Democrats ahead of the election by highlighting his “common sense agenda.”
“President Trump is the unequivocal leader, best messenger, and unmatched motivator for the Republican party,” Wales said, while RNC spokesperson Kiersten Pels said “voters overwhelmingly continue to reward candidates who stand with the President and his winning movement.”
A senior White House official said other Republicans simply needed to submit given Trump’s grip on the GOP electorate: “The quicker they understand that President Trump is the ultimate force in politics, the quicker they’ll realize it’s a futile exercise to go against him.”
Back on Capitol Hill, House GOP leaders took a less bombastic approach as they defended Fitzpatrick from Trump’s barbs.
“Look, Brian Fitzpatrick has a very difficult district — he has an independent streak, as we all know — but he’s a very close friend and colleague of mine,” Johnson said in an interview later Wednesday, adding that he was “working hard to get him reelected.”
Rep. Richard Hudson of North Carolina, who leads the House GOP campaign arm, declined to comment on Trump’s attack but noted that “holding that seat is really important for holding the majority.”
Party loyalty was an even touchier subject in the Senate this week as Republicans reeled from the president’s successful campaign to end Louisiana Sen. Bill Cassidy’s two-term career in the chamber and his late-breaking endorsement undercutting Texas Sen. John Cornyn’s reelection bid.
“There’s growing frustration that the president won’t aim his ire at Democrats instead of Republicans,” said one senior Senate GOP aide who was granted anonymity to speak candidly.
Senate Majority Leader John Thune acknowledged the tough reality he faces Wednesday, a day after Cassidy helped advance a measure that would rein in Trump’s military campaign against Iran: “Obviously, there’s always a consequence associated with taking on incumbent United States senators.” “He obviously has his favorites and people he wants to endorse, and that’s his prerogative, but what we have to deal with up here is moving an agenda,” Thune added. “Obviously that can become slightly more complicated.”
Trump’s refusal to brook any disagreement with a fellow Republican or walk away from legacy-burnishing projects that others in his party find hard to defend has Democrats feeling more bullish by the day about their midterm opportunities.
“He’s focused on a revenge tour and not at all on the struggles that American families are having, and they see that every day in … his focus on ballrooms or reflecting pools, slush funds, golf courses,” said Rep. Suzan DelBene of Washington, who leads Democratic House campaign efforts. “They’ve ignored the needs of the American people.”
Reacting Wednesday to Massie’s loss, House Majority Leader Steve Scalise said that all members needed to remember that they are “here to represent the people that sent you” and referenced Cassidy’s loss as another object lesson.
“Just like in Louisiana Saturday, it just goes to show that the voters have the ultimate say on whether we stay or come back, and if you break the trust with your voters, they’re going to send you home,” he said.
Fitzpatrick said much the same.
“Every bill that comes to the floor is either a net positive or a net negative for your district,” he said. “They’re your bosses. … I know my constituents, and I’m sure many other representatives’ constituents do not want taxpayer money going to a ballroom.”
Samuel Benson and Kelsey Brugger contributed to this report.
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