Coast Guard Funding, Spectrum Auction Detailed in Senate Commerce Panel’s Budget Bill Section

The proposed section would give $25 billion to the Coast Guard and $12.5 billion to the FAA, and would generate revenue by auctioning off unused spectrum. WASHINGTON—Funding figures and policy changes for air travel, artificial intelligence, spectrum internet, and the U.S. Coast Guard were detailed June 5 in the Senate Commerce Committee’s proposed section of

Senate GOP Seeks Consumer Financial Protection Funding Cuts, Federal Reserve Pay Caps

The Senate Banking Committee plan would end the CFPB’s automatic funding and limit salaries for non-monetary Fed staff. The Senate Banking Committee is proposing to cut all mandatory funding for the Consumer Financial Protection Bureau (CFPB) and cap pay for many Federal Reserve employees in its section of the One Big Beautiful Bill—the Republicans’ sweeping

Trump’s ‘Big, Beautiful Bill’ Stirs Debate on Deficit Impact—Here’s What to Know

White House clashes with forecasters over how the legislation will change the deficit over the next 10 years. The fiscal effects of the One Big Beautiful Bill Act are under scrutiny as lawmakers attempt to get the tax-and-spending package on President Donald Trump’s desk for his signature before July 4. Critics have said the House

Kilmar Abrego Garcia Returns to US to Face Criminal Charges

The Salvadoran illegal immigrant is accused of human trafficking. Kilmar Abrego Garcia, a citizen of El Salvador, has returned to the United States to face criminal charges for allegedly smuggling illegal immigrants. In a press conference on June 6, U.S. Attorney General Pam Bondi thanked the government of El Salvador for securing his return. Original

Trump Signs Orders on Deregulating Flying Cars, Supersonic Flight

‘Flying cars are not just for the Jetsons, they are also for the American people in the near term,’ says White House Office of Science and Technology Policy. President Donald Trump signed executive orders on June 6 to deregulate and open research and development into flying cars and supersonic aviation technology. Trump signed the two