US Politics & Business News
Read the latest news about U.S. politics today at Congress.net
A continuing resolution is a stopgap piece of legislation that Congress passes to keep the federal government funded when lawmakers have not finished, or agreed upon, the regular annual appropriations bills before the start of a new fiscal year. Rather than setting new spending levels, a continuing resolution simply extends existing funding, typically at the…
Robert Aderholt, the Republican congressman representing Alabama’s Fourth District, holds one of the more consequential committee portfolios in the House of Representatives. His assignments center on the House Committee on Appropriations, the panel responsible for determining how federal money is spent across nearly every agency of government. Aderholt has served in Congress since 1997, making…
California industrial facilities that receive a 60-Day Notice alleging stormwater violations are not hearing from a government regulator. In the vast majority of cases, the notice comes from a private environmental organization exercising its right to sue under the citizen-enforcement provision of the federal Clean Water Act — and according to a new analysis, a…
US stock futures surged early Monday as traders welcomed the pause in Middle East fighting just as one of the busiest earnings weeks of the year gets underway. Dow futures gained about one percent, the S&P 500 added nearly one percent, and Nasdaq 100 futures jumped roughly one point four percent. The rally follows a…
Two House lawmakers from opposite parties introduced legislation last week that would give federal regulators new power to block the deployment of the most powerful AI models when they pose an imminent catastrophic risk. Reps. Jay Obernolte, a California Republican, and Lori Trahan, a Massachusetts Democrat, unveiled the bill on Thursday. The measure is formally…
An insider has placed a bet on vessel traffic in the Strait of Hormuz returning to “normal” levels before the end of August. They placed the bet on Saturday evening, just three hours before Iranian Foreign Ministry Spokesperson Esmail Baghaei announced they had made “progress” toward reopening the Strait of Hormuz after holding talks with…
A push to force congressional oversight of the Iran conflict failed in the Senate last week, with the chamber voting 49 to 47 against a resolution that would have required the White House to seek approval before further strikes. The narrow defeat underscored deep divisions even within the president’s own party over how far the…
Crude oil tumbled sharply on Monday after Washington and Tehran both stepped back from two weeks of direct strikes on each other. Brent crude dropped as much as seven percent below ninety dollars a barrel before clawing back roughly half of that loss by midday. The pullback triggered a broader relief rally across stocks, bonds,…
Washington’s AI debate has entered a new phase. After years of hearings, voluntary frameworks and warnings about safety, copyright, labor and national security, Congress is now attempting to write the first serious federal rulebook for artificial intelligence. But energy regulators, utilities, data-center operators, governors and local communities are asking an increasingly urgent question: is Congress…
President Donald Trump’s approval rating among Republicans has fallen to a new low of 44%, according to a poll of 1,032 Republicans by Congress.net. This fall in support comes amid growing concerns over inflationary pressures and the economy amid continued tensions with Iran. Trump’s approval rating among Republican voters was 57% as of 21 May,…