California, Senate and vehicle emissions
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GOP, House and tax bill
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Texas Sen. John Cornyn has enlisted Chris LaCivita, a top political adviser to President Trump, to help him beat back a primary challenge from Texas Attorney General Ken Paxton. Why it matters: LaCivita's involvement doesn't guarantee an endorsement from Trump in what is expected to be the GOP's most expensive Senate primary.
Before Speaker Mike Johnson could get his first real stretch of sleep in three days, the House GOP’s painstakingly drafted “big, beautiful bill” was running into resistance in the Senate.
Senate Majority Leader John Thune and several other top GOP senators Tuesday pledged to vote to nix California's Clean Air Act emissions waiver.
When a PE fund sells an asset, likely a portfolio company, at a higher price than what they bought, PE execs get carry. If the asset is sold after three years, the profit is taxed at a long-term capital gains rate of 20%. If they sell the business before the three years, the carry is taxed at a short term capital gains rate of 37%.
S.D., said that the Senate will begin to consider three House-passed resolutions that would roll back the standards. Final votes could come as soon as this week.
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Raw Story on MSNGOP infighting could 'gum up' Trump's spending plans in Senate: reportGOP infighting doesn’t stop with the passage of the House spending bill, it just moves to the Senate. One key issue that could cause more “roiling” in the party is the SALT tax, according to a Vox report.
STATE SENATORS WAGED A FINAL BATTLE THURSDAY OVER LEGISLATION TO MAKE THE NEW HAMPSHIRE YOUTH RISK ASSESSMENT SURVEY AN OPT IN CHOICE FOR PARENTS. CRITICS SAY THE SURVEY PUTS ADULT ISSUES IN FRONT OF KIDS WITH NO HELP OR GUIDANCE.
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U.S. Sen. Tommy Tuberville plans to run for governor of Alabama in 2026, according to people familiar with his plans.
Senate Republicans oppose California's car emissions rules, questioning the EPA's authority and potential nationwide effects.