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The Hill’s Morning Report — Senate pushes through massive funding bill; Jan. 6 panel releases report Editor’s note: The Hill’s Morning Report is our daily newsletter that dives deep into Washington’s agenda. To subscribe, click here or fill out the box below. Close Thank you for signing up! Subscribe to more newsletters here The latest…
Christmas shoppers putting fewer gifts under the tree as recession looms If the Christmas tree looks larger this year, the reason may be the smaller pile of gifts beneath it. Retail analysts expect Americans to spend roughly the same amount on holiday gifts this year as last. Yet, because of inflation, the money will buy…
How Big Tech fought antitrust reform — and won Tech giants and their army of industry groups rallied together to stifle a multiyear congressional effort to overhaul antitrust laws, pouring millions into campaigns to block key bipartisan bills targeting the nation’s four largest tech firms. They appear to have prevailed over would-be reformers. Antitrust supporters…
House to vote on funding bill Friday The House will vote on a $1.7 trillion government funding package Friday, one day after the Senate approved the measure and just hours before the midnight shutdown deadline. House Majority Leader Steny Hoyer (D-Md.) announced the vote on the House floor Thursday afternoon, shortly after the Senate approved…
” US senator Toomey introduces stablecoin bill as congressional session wraps up “ Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment…
Mike Lee, Title 42 drama holds up omnibus passage An effort led by Sen. Mike Lee (R-Utah) to maintain Title 42 is threatening efforts to pass a sweeping government funding bill before a shutdown deadline later this week. Congressional negotiators on both sides say the biggest holdup is ongoing negotiations to decide what the voting threshold…
Jan. 6 committee punts release of report to Thursday The House select committee investigating the Jan. 6, 2021, attack on the Capitol is punting the release of its final report, moving the expected publication date from Wednesday to Thursday. “The Select Committee now anticipates its final report will be filed and released tomorrow,” the panel…
The Hill’s Morning Report — Trump tax returns to be released; Senate omnibus advances The House Ways and Means Committee on Tuesday voted along party lines to publicly release former President Trump’s tax returns, marking the culmination of a yearslong battle during which Trump defied tradition by keeping his finances confidential. Following hours of debate…
Biden administration asks chief justice to allow Title 42 to end The Biden administration on Tuesday asked Chief Justice John Roberts to rule against 19 GOP-led states that initiated court action to keep the controversial Title 42 policy in place. The administration was responding to Roberts’s administrative stay from Monday in which he temporarily halted…
” 4 legislative predictions for crypto in 2023 “ If you saw the returns in my crypto portfolio this year, you would take a pass on my predictions for the direction of the cryptocurrency market. So, I will stick to what I know and share some regulatory predictions for the crypto industry. Few legislative changes…