Adam S. Olsen- Washington, D.C.
June 12, 2025

Former Congressman Billy Long (R-Missouri) was confirmed earlier today to lead the Internal Revenue Service, giving the beleaguered agency he once sought to abolish a permanent commissioner after months of acting leaders and massive staffing cuts that have threatened to derail next year’s tax filing season.  The Senate confirmed Long on a 53-44 vote despite… Read More

Adam S. Olsen- Washington, D.C.
June 11, 2025

Senate Majority Leader John Thune (R-South Dakota) has set the stage for a key procedural vote Wednesday on the GENIUS Act, a landmark piece of legislation aimed at regulating stablecoins.  Leader Thune filed cloture on Monday on the underlying bill — the Guiding and Establishing National Innovation for U.S. Stablecoins Act — and the bipartisan… Read More

Adam S. Olsen- Washington, D.C.
June 10, 2025

Senate Republicans now have less than three weeks to meet their leadership’s goal of passing the massive party-line big beautiful reconciliation bill before the July 4th recess scheduled to begin on June 28th.  For that to stay on track, GOP senators would need to have the Finance Committee’s legislative text in hand by next Monday… Read More

Adam S. Olsen- Washington, D.C.
June 9, 2025

As the Senate and House reconvene for the week, Senate Majority Leader John Thune (R-South Dakota) is looking for a reset and to build momentum on President Donald J. Trump’s “big, beautiful bill” after it struggled through a tough week on Capitol Hill last week.  President Trump’s July 4th deadline for signing the bill is… Read More

Adam S. Olsen- Washington, D.C.
June 5, 2025

The sprawling legislation to enact President Donald J. Trump’s “big, beautiful bill” agenda is losing momentum in the Senate in the face of blistering attacks from Elon Musk and outspoken opposition from conservatives as the Congressional Budget Office projected Wednesday that the 1,116-page bill passed by the House will add $2.4 trillion to the deficit… Read More

Adam S. Olsen- Washington, D.C.
May 22, 2025

House Republicans on Thursday morning passed a sweeping bill full of President Donald J. Trump’s legislative priorities, marking a major win for Speaker Mike Johnson (R-Louisiana) but kicking off what’s expected to be a bitter battle with the Senate over achieving key parts of the White House’s policy agenda.  The chamber cleared the sprawling package… Read More

Adam S. Olsen- Washington, D.C.
May 21, 2025

The House Rules Committee convened just after 1 A.M. on Wednesday morning, with hundreds of amendments to be debated on the “one big, beautiful” reconciliation bill and is still meeting, seeking consensus from the Republican factions that want their conditions met.  The legislation includes an extension of the tax cuts President Donald J. Trump enacted… Read More

Adam S. Olsen- Washington, D.C.
May 19, 2025

Republican deficit hawks allowed President Donald J. Trump’s bill of legislative priorities to advance out of the House Budget Committee in late-night vote Sunday, marking a key hurdle cleared for House GOP leaders and a sign of progress for warring Republican factions.   After gaveling in after 10 P.M. Sunday, the committee voted 17-16 to advance… Read More

Adam S. Olsen- Washington, D.C.
May 15, 2025

Speaker Mike Johnson (R-Louisiana) is scrambling to negotiate with competing factions of his conference as the clock ticks to advance President Donald J. Trump’s agenda through the House next week.  Today at 2:30 P.M, House Republicans will meet in private to discuss the GOP mega-bill to try shore up the votes to pass the legislation… Read More

Adam S. Olsen- Washington, D.C.
May 14, 2025

The House Ways and Means Committee advanced a number of President Donald J. Trump’s top tax priorities early Wednesday morning, setting the stage for a high-stakes sprint to get the provisions through the GOP’s razor-thin majority.  The panel advanced the legislation — part of the party’s package containing President Trump’s legislative agenda — in a… Read More