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#Trump Is Rerouting Trillions in Capital During His Second Term #politics #shorts
Bloomberg Television· 2025-12-23 18:47
What if I told you the federal government is quietly rerouting hundreds of billions of dollars through the US economy. I don't know what to make of the fact that it was an executive order. It's happening right now under the Trump administration.They're already changing the future of retirement savings, how mortgages are financed, what energy projects get built, how banks operate, and even what backs digital dollars. Let me explain. Starting with crypto, the Genius Act is a new law that forces stable coin is ...
Trump's mega bill heads to House after it passes in Senate
CNBC Television· 2025-07-01 18:32
Legislative Action & Timeline - Senate passed Trump's multi-trillion dollar tax package, sending it to the House for a potential vote as early as tomorrow [1] - House leaders aim to finalize the vote by July 4th, but this timeline is contingent on avoiding amendments that would require Senate re-approval [6] Key Points of Contention - The $3.3 trillion package includes clean energy tax credits, specifically scrapping a proposed tax on wind and solar projects sourcing parts from China and allowing tax credit access for projects starting construction within a year of enactment [2][3] - Fiscal conservatives in the House, like Congressman Chip Roy and Ralph Norman, oppose the bill due to increased spending and deficit concerns, particularly regarding green energy tax credits [4][5] Potential Obstacles & Negotiation - House opposition necessitates negotiation and potential compromises, with Speaker Mike Johnson aiming to avoid changes that would send the bill back to the Senate [2][6] - Moderate Republicans in the House, similar to Senators Tom Tillis and Susan Collins, may raise concerns, potentially focusing on spending provisions [5]