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Trump, Congress and spending cuts
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The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures cleared Congress and is on its way to enactment.
The U.S. Senate approved the judicial nominations of Emil Bove and Jeannine Pirro. Democrats walked out of the meeting when they weren't allowed to speak.
Bills were filed in January in the U.S. Senate and U.S. House to make daylight saving time permanent. Since then, though, no action has been taken.
Shouting matches, walkouts and bitter fiscal fights have led to a series of legislative meltdowns, with big spending clashes ahead.
Trump urged Senate Majority Leader John Thune to cancel the August congressional recess to allow for the confirmation of his nominees.
When House Speaker Mike Johnson gifted to President Donald Trump the gavel used to enact the Republicans' tax breaks and spending bill, it was a memorable moment at the White House.
An even more intense battle is expected on the Senate floor over the nomination of a Trump immigration policy enforcer to a lifetime judicial post.
It was a remarkable win for the crypto industry — and for President Trump, who campaigned on making the country "the crypto capital of the planet."
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