
2025 7-17 Matters of Democracy Epstein, Recissions, OBBB, Fed reserve,
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Democrats are actively seizing on the "Epstein Files" controversy to create a political wedge within the Republican base, aiming to sow doubt about Donald Trump's transparency and loyalty.
Senate Passes $9 Billion Spending Cuts (Rescissions Package) The Republican-led Senate, despite some internal skepticism and concerns about executive overreach, passed a rescissions package to cut $9 billion in foreign aid and public media funding as requested by President Trump.
The "Better Business Bill" is deeply unpopular, leading Democrats to plan making it a key issue in 2026, while Republicans like J.D. Vance are deployed to sell its benefits, particularly in the Rust Belt.The BBB (now BBL) is "not very popular" and is so unpopular that Democrats plan to make it their "main issue in 2026." Republican Sales Effort: Republicans are tasked with selling the bill to the public. J.D. Vance (Yale-educated lawyer and Silicon Valley venture capitalist) is a key spokesperson. Vance's Pitch: Vance spoke in West Pittston, PA (a Rust Belt town near Joe Biden's hometown), emphasizing "tax cuts (but not about who got the biggest ones)" and "exempt[ing] overtime pay from taxes." He also evoked nostalgia for the coal and gas industry.
Donald Trump is publicly vacillating on whether to fire Federal Reserve Chairman Jerome Powell, driven by a desire for lower interest rates to mitigate new debt, despite economic warnings about inflation. Trump told members of Congress he drafted a letter to fire Powell, then told others he wouldn't. Trump wants to replace Powell with someone who "will slash interest rates so the interest on the new $3 trillion in debt the BBB created will be lower."
In his second term, Donald Trump is prioritizing personal loyalty over traditional conservative qualifications for judicial appointments, exemplified by his controversial nomination of Emil Bove III to the Third Circuit.
Senator Susan Collins (R-ME) is facing significant political pressure from Donald Trump and Senate leadership, forcing her into difficult votes that could jeopardize her re-election or lead to her retirement.