July 29, 2025

senate

Funds

House Armed Services amendment blocks funds for Fort Gordon name change

It was Fort Gordon, then it was Fort Eisenhower, now it’s Fort Gordon again. But there are efforts to fight against that change at Augusta’s U.S. Army base along with the other recently renamed military installations. Who was Fort Gordon named after? Originally, Augusta’s Fort Gordon honored Lt. Gen. John Brown Gordon, one of Confederate

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Crypto

House sends cryptocurrency bills to Trump

The House has passed three bills 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 three bills, legislation to regulate a type of cryptocurrency called stablecoins, had already passed the Senate with

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Mortgage

Schiff denies Trump’s claims of mortgage fraud as Fannie Mae investigates senator

Sen. Adam Schiff (D-CA) on Tuesday denied accusations from President Donald Trump that he engaged in “possible mortgage fraud,” calling the allegations an attempt at “political retribution.”  Trump and Schiff have been at odds for years, with the Democratic senator having led a House impeachment of the president during his first term and establishing himself

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Loans

Senator Markey criticizes Trump’s SBA for curtailing immigrant access to business loans

US Senator Ed Markey this week sent a letter to the US Small Business Administration’s top executive, accusing the agency of playing politics and hampering immigrant access to its loans. Markey, the ranking member of the Senate committee on small business, sent the letter to Administrator Kelly Loeffler; it was cosigned by his counterpart in

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Crypto

Florida Republicans join Trump in boosting crypto ahead of House vote

John Kennedy   | Capital Bureau | USA TODAY NETWORK – FLORIDA What is the Senate’s Genius Act? The Genius Act, along with other crypto bills, will be reviewed by the House during “Crypto Week.” Two Florida representatives elected with support from the cryptocurrency industry are expected to back a new crypto regulatory bill. The GENIUS

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Crypto

House debates Pentagon spending, crypto as rescissions head to Senate

House members return to town this week to consider the fiscal 2026 Pentagon spending bill and crypto measures, while senators are staring at yet another vote-a-rama — this time on rescissions. While defense appropriations headlines the House’s week, the floor agenda is full even beyond that, with several significant financial services measures related to stablecoins

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Finance

XRP Pushes Toward $5 After Senate Momentum – MAGACOIN FINANCE Launches Cross-Wallet Access Feature

NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) — MAGACOIN FINANCE today announced the launch of its cross-wallet access feature, enabling seamless user interaction across both mobile and desktop ecosystems. This infrastructure advancement comes as the digital asset sector experiences renewed institutional interest and regulatory clarity. The cross-wallet integration represents a significant milestone in MAGACOIN FINANCE’s

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Loans

What happened to student loan forgiveness in ‘big, beautiful bill’?

Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical

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Funds

Lower Hudson NY after-school programs in danger as federal funds stop

President Trump’s big bill passes Senate with help from JD Vance President Donald Trump’s amended bill was narrowly passed by the Senate, with Vice President JD Vance’s vote breaking the 50-50 tie. The Trump administration may eliminate federal funding for the 21st Century Community Learning Centers, impacting after-school programs nationwide. The cuts will affect nearly

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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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