Laura Weiss
@LauraEWeiss16
Congress reporter @PunchbowlNews focused on tax, financial services, trade. Co-author of The Vault. prev: Roll Call, Hearst CT. Go birds. [email protected]
🚨BREAKING -- ANDREW GARBARINO of New York is the next chair of the House Homeland Security Committee. House Republican Steering Committee tapped the 40-year-old New Yorker for the slot. Garbarino's predecessor, PETE KING, previously chaired the panel.
HOUSE GOP STEERING UPDATE: The first ballot of the race for House Homeland Security chair has begun
News: Rep. Mike Flood was unanimously elected as next chair of Main Street Caucus tonight at their internal meeting, per a source familiar.
New: The Energy and Commerce Committee will mark up NIL legislation on Wednesday. This is the first full committee markup of the package. Big step for the bipartisan bill that three GOP committee chairs are pushing.
THE HOUSE GOP STEERING COMMITTEE is underway, beginning the process of selecting the next Homeland Security Committee chair. Candidates are: @RepGarbarino, @RepCarlos, @RepClayHiggins and @RepMichaelGuest Garbarino is a favorite here. Gimenez a close second. But these things…
NEWS — RALPH NORMAN, hardline conservative on the House Rules Committee, says the panel will not report a rule this week for bills, effectively shutting down the house floor. Why? He doesn’t want to vote on Democrats’ Epstein amendments. He says it’s grandstanding.
Andy Harris, chair of the HFC, said he doesn’t believe that @SpeakerJohnson won’t put the Epstein resolution on the floor this week. I told him Johnson said it on camera. “Alright. This is Monday”
NEW -- CBO has a new cost estimate for OBBB. The law will add $3.4T to the budget deficit over the next 10 years, CBO says. CBO: "That increase in the deficit is estimated to result from a decrease in direct spending of $1.1 trillion and an decrease in revenues of $4.5…
ICYMI from the Sunday Vault: -Lessons from the crypto craziness, including what's next on crypto tax front. w/ @BrendanPedersen -What's brewing on year-end talks. Some news on the trade front: W&M Chair SMITH says he's talking w/ WH about extending AGOA & changes that could…
But Thune said members want to go home to sell OBBB “This is time of year when they go back and interact with their constituents” “I think the message about delivering the message about our accomplishments is something that our members are anxious to get out there and do”
Thune latest on canceling August recess, per Trump’s request: “We’re thinking about it. We want to get as many noms through the pipeline as we can.” “we're going to be looking at all the options in the next weeks to try and get as many of those across the finish line as we can”
Another bipartisan group heading to Canada to try to cool tensions amid trade war. They’ll meet with PM Carney This time it’s 3 Dems (Wyden, Hassan, CCM) and 1 Republican (Murkowski) Murkowski was one of just a few R’s who voted to overturn Trump’s Canada tariffs
Wow NRCC beat DCCC in June fundraising - $18.1M to $12.7M NRCC also raised more in Q2, bringing in $32.2M to DCCC’s $29.1M In all of 2025 so far, NRCC raised $69M to the DCCC’s $66M
NEW FEC F3X DCCC RCPT $12,659,389 EXPN $5,026,870 COH $39,717,728 docquery.fec.gov/cgi-bin/forms/…
W&M has now formally noticed its field hearings for next week, meant to sell the tax bill on the road The LA stop is at the Reagan Presidential Library
News: Ways & Means is hitting the road again for field hearings, which Republicans plan to use to sell tax cuts in the One Big Beautiful Bill The committee is planning hearings in Las Vegas on July 25 & the LA area on July 26, per multiple sources More in @PunchbowlNews PM
Trump to House Financial Services Committee Chair French Hill: "You have been so great" To Bryan Steil (R-Wis.): "Still young!" To Mike Lawler (R-N.Y.): "Mr. SALT."
Senate Banking Chair Tim Scott tells reporters that he hopes to release a discussion draft of the Senate's version of CLARITY *next week*. "We'll take that home for August, fight over it, make it better ... and then have a markup in September."
NEWS -- House Republicans are deeming the rescissions in the rule. There will be a vote on the rule. Not on rescissions
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I am criminally referring Jerome Powell to the DOJ to investigate perjury regarding his crazy $2.5BN building.
NEWS -- THE LEADERSHIP'S EPSTEIN PLAN As of now -- and this is, of course, subject to change: The Rules Committee is looking at reeporting out two rules 1) rescissions rule 2) a rule on an Epstein related resolution. Several sources say it's similar to Massie's -- but not…
THE HOUSE RULES COMMITTEE is likely to meet at 6 p.m., per sources. This would be on the rescissions package. Theyve been struggling all day to quell GOP anger on the panel about Democratic amendments regarding Jeffrey Epstein.