Chris Cioffi

I have thought on it and prayed about it, and I have decided: I am running to be the next U.S. Senator from North Carolina.

.@Saunderswsj has a taxpayers' guide to the revamped charitable incentives Congress just passed. One key thing before this starts next year: Non-itemizer deduction is cash-only. The new itemizer deduction has a floor limiting deductions. So... donate those old T-shirts now.

The One, Big, Beautiful Bill delivers historic tax relief for workers, families, farmers, seniors, and small businesses. The Ways and Means Committee has traveled out to Las Vegas, Nevada to hear directly from Americans about how the pro-worker tax relief delivered in The One,…

Nevada Dems HORSFORD and TITUS along with W&M members in town for the committee’s field hearing are speaking now at the Culinary Workers Union HQ - as Dems fight back on the GOP’s tax bill push Horsford says Las Vegas is the “last place” R’s should be selling their law

NEW - Taxpayers with stolen or lost refund checks would be eligible for electronic payments under a bill from @MarshaBlackburn and @MarkWarner. The House companion, led by @RepNicole already passed. buff.ly/8V9wCnf

Wow — this Epstein subpoena motion is agreed to 8-2 with Republican support

FOIA Files is back! When DOJ seized Wu-Tang Clan's Once Upon a Time in Shaolin from Martin Shkreli & later sold the album the agency concealed the sale price citing “trade secrets.” Now, after a four year FOIA battle, I got DOJ to reveal the price bloomberg.com/news/newslette…

Rules Committee members just received this Epstein resolution

Reps. Austin Scott (R) and Jim McGovern (D) just got into a yelling match about the Epstein files at the Rules Committee meeting on the rescissions package. Members originally expected this hearing to take place at 10 a.m.

The House GOP finally forged a path forward on its crypto bills. Now, Democrats' crypto chasm will be on display. For @bgov: news.bgov.com/bloomberg-gove…

*HOUSE HAS VOTES TO ADVANCE CRYPTO LEGISLATION, VOTE ONGOING

This is now the longest vote in House history at more than 7 hours, 20-plus minutes. Congratulations to everyone for pulling together & breaking the record!!!

The crypto vote has been open for more than 4 hours now. Hardliners and leaders on Financial Services/Agriculture have reached an impasse. Speaker Mike Johnson is trying to broker a deal to adopt the rule and unfreeze the floor. Sound familiar?

Republicans are pushing for policy changes on traditionally bipartisan issues like cryptocurrency, but in the aftermath of the GOP’s $3.4 trillion tax-and-spending bill there may be little goodwill left. buff.ly/Wa4KZkf

RESCISSIONS: @SenMcConnell joins @SenatorCollins @lisamurkowski in voting no. @SenBillCassidy is a yes

TAX ALERT: Everyone should follow my amazing new Bloomberg tax reporter colleague Caitlin Reilly @reilly_cait who has joined us from Roll Call

Some professional news: After six years at Roll Call I've started a new job covering tax and fiscal policy issues on the Hill and beyond for Bloomberg News. Please send me your tips and add me to your press lists!

.@mtgreenee says she voted NO because it didn’t include a ban on a central bank digital currency which was in Trump’s executive order. “I will vote for the GENIUS act when they when they ban central bank digital currency in the GENIUS act,” she said. “we need to get it right.”

BREAKING: Senate will aim to strip global AIDS funding from rescissions package says @russvought New package is $9 billion

MY LATEST: Puerto Rico’s solar installers are closely watching how bankrupt Sunnova and any buyer will handle millions in government reimbursements for vulnerable homes— with a court order allowing a buyer to change, replace, or end the PR Fund program. news.bloomberglaw.com/bankruptcy-law…