Trump cancels nearly $1bn in funding approved by Congress President using rare power to revoke expenditure with bipartisan approval to aid immigrant services The Guardian - US · Sep 26
White House Reportedly Shelves NIH Grant Order After Collins Pushback, but Research Funding Delays Continue for Many Labs The White House has reportedly dropped a plan for political review of NIH grants, but a separate grant rule and funding disruptions remain. Medical Daily · Sep 25
White House Reportedly Backs Away From Giving Political Appointees Veto Power Over NIH Grants After Collins Pushback The White House is reportedly retreating from a plan to let political appointees veto NIH grants, but a revised order could still return. Medical Daily · Sep 25
Stopgap funding bill delays OMB grants rule until December 11 On September 3, President Donald Trump (R) signed a stopgap spending bill which funds the federal government until Dec. 11. The bill averted a government shutdown, but also delayed the implementation of an Office of Management and Budget (OMB) proposed rule on federal grantmaking that would give political appointees and… Ballotpedia · Sep 25
Trump’s FDA nominee questioned on vaccines and abortion stance in Senate hearing Securing the top position will require Overton to gain majority support from the 21 members of the health panel before advancing to a full Senate vote The Independent UK · Sep 24
Bond Yields Keep Rising As Inflation Concerns Mount. Stocks Were Mixed. The 30-year Treasury bond yield reached its highest level since June 2004. International Business Times · Sep 24
Senate Republicans block Democratic effort to end US war with Iran GOP stymies House-passed war powers resolution as conflict passes 200-day mark with 19 US service members killed The Guardian - US · Sep 24
Trump’s FDA nominee says MMR shot is ‘safe and effective’ at Senate hearing Dr Heidi Overton faces confirmation hearing weeks after standing behind Trump as he suggested shot could be ‘quite lethal’ The Guardian - US · Sep 24
At the Races: Pivot time for Republicans Welcome to At the Races! Each week we bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. By Mary Ellen McIntire, Daniela Altimari and Niels Lesniewski With 40 days to go before Election Day, some Republicans are… Roll Call · Sep 24
Senators question FDA nominee Overton about her views on abortion pill and vaccines President Donald Trump’s pick to run the Food and Drug Administration will face questions from Senate lawmakers considering her nomination The Independent UK · Sep 24
More Fed Officials Are Signaling Support For a New Hike Before The End Of The Year. Here's Where Chances Stand. The CME Group's FedWatch tool shows chances stand above 68% for the October meeting. International Business Times · Sep 24
John Williams Is The Latest Fed Member To Signal a Rate Hike This Year: 'Reasonable' "But we have to see. We're going to collect the data and do what we did between July and September," Williams said. International Business Times · Sep 24
First Thing: Trump welcomes Xi to Washington amid tensions over trade, AI and Taiwan State visit takes place at same time as UN general assembly, which Chinese leader has avoided The Guardian - UK · Sep 24
Treasury Yields Keep Climbing. The 30-Year Note Reached a Multi-Decade High. The benchmark 10-year Treasury yield also climbed, getting closer to the level reached in July 2007. International Business Times · Sep 24
The Independent UK · Sep 24 Anti-vax ally of RFK Jr. faces Senate showdown in bid to run FDA President Donald Trump’s nominee to take over the Food and Drug Administration is set to answer questions Thursday
The Guardian - US · Sep 23 Democrats accuse Susan Collins of corruption after bombshell ‘pay-to-play’ report Republican senator calls bribery allegation ‘categorically false’ as ProPublica reports Trump derailed FBI inquiry
International Business Times · Sep 23 Bond Yields Rose To a 19-Year High As Selloff Continues. Stocks Retreated. The benchmark 10-year Treasury reached 5.108%, the highest level since July 2007.
Medical Daily · Sep 23 Senators from Both Parties Push Back on Reported Plan for Political Appointees to Approve NIH Grants Senators from both parties oppose a reported plan for political appointees to approve NIH grants. No order has been issued. How peer review works now.
Roll Call · Sep 23 White House drops executive order for tighter NIH purview The White House is scrapping plans for an executive order that would give the Trump administration more control over grantmaking at the National Institutes of Health, a person familiar with the matter said Wednesday. The White House had reportedly held a meeting earlier this week discussing plans for the potential…
International Business Times · Sep 23 Fed Governor Barr Says More Rate Hikes Are 'Likely' Needed. Treasury Yields Reach New 19-Year Highs. The yield on the benchmark 10-year Treasury reached 5.104%, the highest level since July 2007.
The Economic Times · Sep 23 9 Senate races that could decide the 2026 midterm elections as Republicans fight to hold their majority and Democrats target key battleground seats The 2026 Senate race is narrowing around a handful of states where one seat could change the balance in Washington. Republicans hold 53 seats, while Democrats need four net gains for control. From Alaska's unusual ballot to Ohio's comeback fight, these contests offer the clearest look at where the Senate…
International Business Times · Sep 23 A Fed Member Supported The Latest Rate Hike. She Says Chances Of Elevated Inflation Are 'Notably Higher' "With the labor market on a better footing, monetary policy can focus on a timely return to price stability, especially after five and a half years of too high inflation," Boston Fed President Susan Collins said.
Barchart · Sep 23 Stock Index Futures Slip as Oil Snaps Five-Day Losing Run; PMI Data and Fed Speak on Tap December S&P 500 E-Mini futures (ESZ26) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ26) are down -0.22% this morning, pointing to a lower open on Wall Street as bond yields rose after oil prices snapped a five-day losing streak.
Salon · Sep 23 Trump blocked FBI's probe of Collins The FBI sought to launch a pay-to-play investigation examining interactions between Collins and a top donor
The Economic Times · Sep 23 US Market: Fed’s Collins backs rate hike, flags persistent inflation risks Boston Fed President Susan Collins backed the Fed’s recent rate hike, citing persistent inflation risks and arguing that a somewhat more restrictive policy stance may be needed to bring inflation sustainably back to target.