Today’s notice: It’s the economy, stupid. Democrats are winning court challenges on one key issue. Trump phones Republican senators to talk war powers. And: Trump’s domestic drilling push hits a snag.
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Bluster bust? What comes after Donald Trump’s big economic speech? Republicans know they need to pivot to prices, and do it fast as the midterms draw closer. But Trump may find it harder than it has been at any point during his second term to get his party on the same page.
The loudest challenge is in the Senate, where Republicans have lined up to defend Fed Chair Jerome Powell, who Trump wants to cast as the Darth Vader of American pocketbooks, squeezing them from afar with his refusal to lower interest rates to the president’s liking.
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But the generally more amenable House may be going sideways, too. The Republican Study Committee, the caucus that includes the vast majority of GOP lawmakers, is pitching a second party-line reconciliation bill as a way to send an affordability message to voters — though the broad outlines of the plan released yesterday calls for more big cuts to things like health care.