Congress - Capital to Capitol

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Congress

A collection of 3 posts

National Security

The House voted to halt the Iran war today. The Pentagon carried out its 12th consecutive night of strikes.

Congress funded the Iran war Wednesday and voted to stop it Thursday. DHS fined 100,000 immigrants $998 per day. Oil crossed $100. Twenty-seven nations met in Manila. The FDA started reviewing peptides. Rubio met Lavrov. Thursday had range.

The Iran deal died over the weekend. Congress spent Monday writing a bill about who pays for AI's power bill.

Iran formally ended the June 17 peace deal over the weekend. Brent crossed $90. South Korea's market crashed 8.8%. A Chinese AI model triggered a DeepSeek moment. And Congress spent Monday marking up a bill about who pays for the AI boom's electricity costs. The week is just getting started.

Healthcare Policy

Congress marked up healthcare bills, held a China research security hearing, and debated federal AI preemption today. Markets were too busy watching earnings to notice.

PPI surprised to the downside. ASML raised its outlook for the third time this year. Warsh told Congress one data point is not enough. And while everyone watched earnings, three of the most consequential policy hearings of the year happened simultaneously on Capitol Hill.