On May 29, 2025, President Trump sent a $9.4 billion rescissions request to Congress, which House Majority Leader introduced as H.R. 4. This package would cancel funding for the U.S. Agency for International Development, U.S....more
6/18/2025
/ Appropriations Bill ,
Congressional Committees ,
Executive Orders ,
Federal Budget ,
Foreign Policy ,
Government Agencies ,
New Legislation ,
Proposed Legislation ,
Rescission ,
Trump Administration ,
USAID
The GENIUS Act: Regulatory Framework for Stablecoins -
On May 20, 2025, the Senate cleared procedural obstacles to consider the GENIUS Act on the Senate floor. Originally introduced on Feb. 4, by Senator Bill Hagerty,...more
On May 14, 2025, the House Ways and Means Committee passed their section of the budget reconciliation bill that is commonly referred to as “The One, Big, Beautiful Bill” following a markup. No further amendments were added to...more
On May 12, 2025, the House Ways and Means Committee released a draft of the Republican-sponsored 2025 tax bill, which addresses a number of renewable and clean energy tax credit matters previously extended in the Inflation...more