August 2, 2025

Congress

Funds

Rounds wins Trump endorsement after playing deal-making role in rescinding public media funds

Seth Tupper  |  South Dakota Searchlight President Donald Trump issued a reelection endorsement Monday for South Dakota’s U.S. Sen. Mike Rounds, days after Rounds helped pass Trump’s cancellation of previously approved funds for public broadcasting and foreign aid. Rounds, a Republican former governor, is serving his second term in the U.S. Senate. He’s up for

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Loans

What do you want to know about new student loan rules under Trump?

Trump claims bill will have tax savings for Wisconsin DoorDash driver While highlighting the “Big Beautiful Bill,” President Donald Trump referenced how he claims a Wisconsin DoorDash driver will benefit from tax cuts and “no tax on tips” in the spending bill. President Trump’s “One Big Beautiful Bill” introduces changes to the federal student loan

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Funds

Trump lifts freeze on education funds; $25M in Monterey County

President Trump takes US out of UNESCO for the second time President Donald Trump has withdrawn the U.S. from the culture and education agency UNESCO. The Trump administration announced on Friday it will return more than $5 billion in funding that it previously withheld from the nation’s K-12 public schools for over a month. In

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Funds

Colorado to receive $67M in frozen education funding

The Trump administration will release about $67 million to Colorado’s K-12 school districts after freezing the money for nearly a month, a move that comes just weeks before the 2025-26 academic year begins. The funding freeze was set to upend the upcoming school year as districts had already budgeted the federal money and hired employees.

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Banking

Pennsylvania AG joins coalition supporting cannabis banking reform

(WHTM)– Pennsylvania Attorney General Dave Sunday joined a bipartisan coalition today, encouraging Congress to pass cannabis banking reform legislation. Sunday said the coalition, which consists of 32 attorneys general, calls on Congress to pass the SAFER Banking Act of 2025. This bill aims to provide legal clarity for banks to serve state-regulated cannabis businesses, address

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Mortgage

John Cornyn attacks Ken Paxton over alleged inaccuracies in mortgage papers

WASHINGTON – U.S. Sen. John Cornyn seized Thursday on an Associated Press story that Republican primary challenger Attorney General Ken Paxton, with wife Angela Paxton, claimed three houses as their primary residence on mortgage paperwork. Those inaccurate statements allowed the couple to improperly lock in low interest rates, according to the AP report. “It’s a

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Loans

Trump’s new car loan interest deduction: Who qualifies

How to control your finances on a tight budget Living on a tight financial budget? That doesn’t mean you can’t take control of your finances. Beginning on 2025 tax returns, new car buyers might qualify for an above-the-line deduction of up to $10,000 in car loan interest in a year. Taxpayers will not be able

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Funds

Local station KCLU to fundraise for loss of federal funds

Senate passes bill to cut funding to public broadcasting The bill to cut more than $9 billion from public broadcasting, foreign aid and more will move on for a final House vote, then to the president. The rescission bill passed by Congress ends funding for the Corporation for Public Broadcasting, including NPR and affiliates. KCLU

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Crypto

House votes on cryptocurrency bills aimed at legitimizing the industry

WASHINGTON (AP) — The House is voting on a trio of bills Thursday intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the “ crypto capital of the world.” One of the bills, which would regulate a type of cryptocurrency called stablecoins,

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