The Washington Update is a non-partisan look at what is happening -- and likely to happen -- in Washington, and how it affects investors, execs, biz owners.
Reconciliation bill funding ICE and Border Patrol passes Senate: House still has to pass, amendments to block $1.776 fund, and ballroom construction failed
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Is the “weaponization” fund dead or not, and what about the IRS audit protection for POTUS, his family, and his businesses?
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The House vote to limit POTUS’s authority in Iran won’t go anywhere, but it does signal a growing willingness to take positions against the President.
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Tariff update: New 10% tariffs on several countries, including China. A new 25% 301 tariff on Brazil will take effect later this summer unless changes are made.
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Primary results: some counts are complete, but some of the biggest (CA) will take time to finalize.
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SCOUTS decision: Alabama will use a new map for 2026, more favorable to the GOP, which is actually an old map.
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We received some clarity on the $1.776 fund and on the IRS audit protections for POTUS, his family, and his businesses.
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$1.776 fund update. Support in all camps folding…but what about the IRS audit immunity?
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Iran says peace talks are off due to weekend exchanges of fire. It’s reported that the Iranian President offered his resignation, saying IRGC has taken control.
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More about the $1.776B “government weaponization” fund
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The US economy is showing signs of additional stress.
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If you’re confused if there is a deal or not with Iran, you’re not alone.
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