The changes called for consumer protection safeguards and limits on tech companies issuing stablecoins, digital tokens pegged to fiat currencies like the U.S. dollar, and would extend ethics standard...

For now, Senate leaders are hailing the stablecoin bill as a landmark piece of legislation that overcame the partisan divisions of Trump’s second term.

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax breaks more permanent in draft legislation unveiled for his “big, beautiful bill.”

One of the most powerful lobbies in Washington is redoubling its efforts to avoid a cut to Medicaid payments in the GOP’s megabill, your host reports with Robert King and Jordain Carney.

Tax credits for clean energy and home energy efficiency would still be phased out, albeit less quickly, under Senate Republicans’ latest proposed changes to a massive tax bill.

The residential solar tax credit is set to be eliminated at the end of this year, a full decade ahead of its original schedule.