House of Representatives, Trump and funding cut
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House of Representatives, crypto and stablecoin bill
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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.
Defense Secretary Pete Hegseth restored the names of Fort Benning and Fort Bragg, which were originally named for Confederate generals. "Elon literally turned on you, and you still gave him respect and wished him well. Yet you tell the people who have supported you for the past 10 years to basically f—ck off and stop supporting you."
In the early hours of Thursday morning, the Senate narrowly passed President Trump’s rescission request package. It is now in front of the House of Representatives for final approval.
The Republican majority on the House Rules Committee voted against allowing the amendment to be added to the cryptocurrency-related "Genius Act."