July 22, 2025

Legislative

Funds

Carolina lawmaker privately asks Trump aides to free Mercedes EV funds

Hannah Natanson and Jeff Stein  |  Washington Post U.S. Rep. Nancy Mace (R-South Carolina) privately asked the Trump administration last week to release funding for a Mercedes-Benz plant to convert to the production of electric vehicles, according to a letter obtained by The Washington Post. In a two-page letter to Energy Secretary Chris Wright, Mace

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Loans

Senate awaits ‘Big, Beautiful bill’ vote. How student loans may change

The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate

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Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Investors

Trump’s big, beautiful tax bill has investors concened about debt

It’s the second stretch this spring that stocks and bonds, along with the dollar, have slumped in sync — a rare trifecta we last saw in April when Trump’s tariffs spooked investors. “They were getting yippy,” Trump said of investors as he explained his decision last month to delay so-called reciprocal tariffs, a move that

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Investors

5 things investors need to know about Trump’s ‘One Big, Beautiful Bill’

Bram Berkowitz  |  The Motley Fool White House claims ‘Big Beautiful Bill’ won’t raise deficit White House Press Secretary Karoline Leavitt said the ‘Big Beautiful Bill’ won’t raise the deficit, but nonpartisan analysts say otherwise. The U.S. House of Representatives has unveiled a legislative package dubbed “One Big, Beautiful bill,” a phrase President Donald Trump

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Funds

Don’t cut Maine’s funds over transgender athletes

KITTERY, Maine — A day after her home state was sued by the Trump administration, Sen. Susan Collins, R-Maine, reaffirmed her stance against transgender athletes playing girls and women’s sports. But she criticized the president’s attempts to rescind federal funds for Maine schools. The Department of Justice announced its lawsuit against Maine Wednesday, alleging a

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Funds

McKee insists on staff raises as state loses $31M in federal grants

See legislators rally for ‘just cause’ evictions bill at the statehouse Legislators and tenants describe why just cause eviction protections are needed in Rhode Island. Rhode Island Gov. Dan McKee is facing criticism for his plan to give raises to members of his Cabinet. Critics, including House Speaker Shekarchi and Senate Republicans, argue that the

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Loans

Government shutdown and services that would be reduced or closed

Chuck Schumer to vote to advance GOP funding bill Democratic Senator Chuck Schumer says he will vote for the GOP funding bill to avoid a government shutdown. The Senate will vote on a stopgap funding bill to avert a government shutdown. Democrats may vote against the bill in protest of President Trump’s policies. If the

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