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Soybeans Slip Lower on Tuesday, with Meal Pressure

Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were down $1.60 to $2.70 on the day, with Soy Oil futures mixed, from 35 points higher to 34 points lower....

Barchart

Surveillance reauthorization stuck amid Trump’s Pulte pick

Congress spent another day stalled on the renewal of a key surveillance authority Tuesday, as President Donald Trump declined to help clear a legislative path and instead dug in on his temporary choice in Bill Pulte as acting director of national intelligence. Lawmakers and the White House are sliding closer…

Roll Call

Pulte pick raises concerns about DNI independence

President Donald Trump’s pick of Bill Pulte to be the acting director of national intelligence got mixed reviews Tuesday on Capitol Hill, as some worried that the Trump ally may seek to weaponize the agency. Pulte, the director of the Federal Housing Finance Agency and chairman of Fannie Mae and…

Roll Call

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Wrapup: Busy week ends in Byrd bath

Republican leaders in Congress scored some victories this week in nominations and appropriations but struck out on easily advancing their partisan “reconciliation 2.0” proposal to fund immigration enforcement. The bill faces a hurdle in the form of the Senate Parliamentarian, who on Thursday evening advised that several provisions violate the…

Roll Call

Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism

Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.

Fortune

GOP emerges from ‘hell week’ with deep divisions between Senate and House

During the final vote to close out the House’s “hell week,” a handful of Republicans had a message for the Senate: You’re responsible for the “suffering” agenda. Standing on the steps outside the Capitol on Thursday, House Freedom Caucus members loudly aired their grievances with the Senate. Republicans there have…

Roll Call

Congress clears short-term FISA extension

The House on Thursday passed a short-term extension of a key surveillance power, sending it to the White House just hours before it is set to expire at midnight. The bill, which would extend Section 702 of the Foreign Intelligence Surveillance Act through June 12, passed amid bitter disagreements over…

Roll Call

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Funding bill to end Homeland Security shutdown signed into law

President Donald Trump signed a bill funding most of the Department of Homeland Security within hours of it clearing the House on Thursday, effectively ending an 11-week partial shutdown. The bill, which the House cleared on a voice vote, funds all of the vast department — covering the Secret Service,…

Roll Call

House sends spy reauthorization bill to uncertain Senate fate

The House passed a renewal of a key surveillance power Wednesday, a day before its statutory authority expires, sending it to a Senate that appears unlikely to pass that version of it. The House, in a 235-191 vote that split members of both parties, approved legislation that would renew Section…

Roll Call

House overcomes floor hurdle on spy authority reauthorization

The House is expected to vote as soon as Wednesday afternoon on a measure to reauthorize a powerful surveillance tool for three years — a day before its statutory authority is set to expire — after Republican leadership muscled through a resolution that set the guidelines for floor debate. Congressional…

Roll Call

Budget resolution for immigration funds expected next week

Senate Republicans plan to release a budget resolution next week that would kick-start the process for a reconciliation bill on immigration enforcement funding and help end a partial shutdown of the Department of Homeland Security, lawmakers said Thursday. The party is aiming to provide about $70 billion in funding for…

Roll Call

Trump’s Iran threats resonate even after ceasefire announcement

President Donald Trump may have backed down on his Tuesday threat to eliminate the “whole” Iranian civilization, but Democrats hope his social media posts triggered enough outcry to buoy them to a congressional majority and, possibly, lead to a push to impeach Trump for the first time this term and…

Roll Call

Trump threatens ‘whole civilization’ of Iran ‘will die tonight,’ drastically escalating war

President Donald Trump on Tuesday threatened to eliminate the “whole” Iranian civilization if its government did not meet his many demands, in a sharp escalation of his war with the Islamic Republic. In a morning post on his Truth Social platform, Trump sent more conflicting messages about his intentions and…

Roll Call

Mike Johnson will wait on holding a vote to fund DHS

The House speaker told his conference in a call Thursday he thinks the Senate could pass a narrow reconciliation package funding ICE and CBP within two weeks.

Axios

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Roll Call

Senate tees up bill to end Homeland Security shutdown

The Senate took the first step Thursday in a GOP-backed plan to reopen the Department of Homeland Security, sending the House for a second time its bill to fund the department except for immigration enforcement. In an early-morning pro forma session, the Senate agreed, by voice vote, to table a…

Roll Call

Trump unites divided GOP leadership behind Homeland Security deal

President Donald Trump and GOP leaders united behind a plan Wednesday to end the record-breaking partial shutdown of the Department of Homeland Security, committing themselves to a two-track strategy that includes passing a reconciliation bill for immigration enforcement funding by June 1. With the shutdown stretching into its seventh week…

Roll Call

Trump intervenes to pay airport security workers amid standoff

President Donald Trump announced Thursday night he would immediately begin paying Transportation Security Administration workers through an emergency executive order. The order promised to end long delays at the nation’s airports and allow TSA workers to get paychecks they have been denied during a partial shutdown of the Department of Homeland…

Roll Call

Reconciliation bill preparations get underway despite doubts

Work on the second reconciliation bill of the 119th Congress took a baby step forward Wednesday as the House and Senate Budget Committee chairs met to review plans for the first step in the process: drafting a budget resolution. Despite considerable doubts among Republicans that they can unify for a…

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Roll Call

DHS funding negotiations turn to stalemate in Senate

Senate Republicans immediately rejected a new offer Wednesday from Democrats to reopen the Department of Homeland Security, in a troubling sign for negotiations as lawmakers scramble to reach a deal before a scheduled two-week recess begins Friday. The stalemate is throwing the upcoming recess into question, with Senate Majority Leader…

Roll Call

Threats hearing leaves unanswered questions on Iran war

U.S. intelligence leaders testified on Wednesday that Iran’s clerical leadership has been damaged but not ousted from power, and the mullahs may rebuild their degraded military capabilities over the next several years despite ongoing U.S. and Israeli strikes. The top civilian witnesses before the Senate Select Intelligence Committee — Director…

Roll Call

Confirmation hearing for Markwayne Mullin to lead DHS gets ‘spicy’

Sen. Markwayne Mullin faced his colleagues Wednesday in an often-heated confirmation hearing to lead the Department of Homeland Security, fielding questions about enforcing the administration’s immigration deportations, the ongoing shutdown and concerns about his previous travel. The Oklahoma Republican was tapped by President Donald Trump earlier this month to replace…

Roll Call

Housing bill leaves deep divide with House after Senate passage

Just after the Senate overwhelmingly passed a major housing bill Thursday, the top Senate Democratic lawmaker and the top House Republican on the issue diverged over what the House response to the measure should be. The Senate voted, 89-10, in favor of the bill that comprises more than three dozen…

Roll Call

Senate Democrats’ calls for public Iran hearings grow louder

Senate Democrats stepped up pressure on Republicans to conduct public hearings on the conduct of the Iran war, but senior GOP senators were noncommittal on whether they would do so. The partisan tension comes as the Pentagon announced Tuesday that approximately 140 troops have been injured since the U.S. and…

Roll Call

Senators clash over sanctuary policies amid DHS shutdown

Senators sparred at a hearing Tuesday over local jurisdictions that have policies against cooperation with federal immigration enforcement, as the Senate teed up another floor procedural vote to end a Department of Homeland Security shutdown. Senate Budget Chairman Lindsey Graham, R-S.C., used the hearing to highlight his proposal to make…

Axios

GOP insiders fretting about Texas Senate primary

Competitive races in both parties' primaries Tuesday — and the national headwinds facing Republicans — have blown up all assumptions.

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