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Republican U.S. Senator from Maine, chair of the Senate Appropriations Committee and a frequent swing vote on major legislation.
Boston Fed President Susan Collins said the Fed will have to raise rates "a bit further" after last month's 25-basis-point hike. Her own central case still has inflation easing to 2%, so how far depends on whether fuel and AI-construction costs spread.
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The order was never published, so the record is a sequence: Vought pushed it at a Friday meeting, the Senate Appropriations chair wrote against it on Tuesday, and by Wednesday one person familiar with the decision called it dead.
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President Trump is canceling nearly $1 billion Congress approved, including $28 million in HHS research grants, with five days left in the fiscal year. Congress's auditor calls the tactic illegal, and the Supreme Court's one ruling on it rested on foreign-affairs powers absent from domestic grants.
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Republican senators are resisting Defense Secretary Pete Hegseth's $1.5 trillion Pentagon request for next year. The fight is on course to run past the election, and an administration official says munitions restocking and war repairs would go unfunded while it lasts.
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STAT reports lobbyists are laying groundwork to delay or unwind the cuts. The winnable version looks like schedule changes and rural side funds, not restored baseline funding.
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Donald Trump is weighing a diesel export ban as average prices top $6.50 a gallon, and legal experts say emergency law lets him impose it alone. European diesel costs have already risen on the talk, so for energy investors the ban is a political risk that Congress cannot vote down.
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Abortion runs in fewer than 5 percent of Democratic Senate ads nationally and about 15 percent of the $40.8 million spent in Maine, where Planned Parenthood Votes has placed its largest buy of 2026 against Susan Collins.
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The procedural motion failed 49 to 50, and with only 53 Republicans in the chamber leadership needs seven votes from a Democratic caucus that supplied none. The negotiations broke down over a divestment trigger.
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The Senate's 49-50 cloture vote leaves the question of when a token is a security inside SEC and CFTC rulemaking. Institutions weighing capital commitments now underwrite rules a future agency can rewrite.
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Cloture on H.R. 3633 failed 49-50 on Sept. 15 with every yes vote Republican. Add the four Republican noes back to the yes column and the count reaches 53, still seven short of the 60 the Senate requires.
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The $50 billion Congress attached to its Medicaid cuts is being spent on records systems, drones and workforce pilots. Averaged across its five years it puts out about a tenth of what the cuts take out each year.
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More than $3.4 billion is chasing a chamber that decides who staffs the administration and who fills open court seats for the rest of the term, and the spending so far shows the two sides pricing the same seats very differently.
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Ottawa's retaliation list covers close to 900 US products from September 8, and the paper line items point the price pressure north of the border rather than at American shelves. Fortune's own reporting on 2020 says the mills never stopped running.
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Fifty percent duties on roughly $20bn of Canadian goods began on Aug. 22 and Ottawa answers on Sept. 8, so firms with cross-border bills of materials are now pricing a political constraint instead of a negotiation.
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The $20 billion hike and Canada's Tuesday retaliation arrive before the midterms; the 50 percent auto and steel tariff Trump promised is dated 2027, with no negotiated off-ramp in sight.
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