Trump Veto Threat on Senate Bill Curbing Tariff Power

White House Veto Threat on Tariff Bill

• ⚠️ The White House Budget Office has stated that President Trump would veto a bipartisan Senate bill that aims to limit his authority to impose tariffs.
• 🎯 This proposed measure requires congressional review and approval for new tariffs on US trading partners.

Bipartisan Support for the Bill

• 🤝 Seven Republican senators, including Chuck Grassley and Mitch McConnell, are joining seven Democrats in backing the bill.
• 💡 Senator Lisa Murkowski noted the significance of increased Republican support for the legislation.
• 🏠 A companion measure is being introduced in the House by Congressman Don Bacon.

Congressional Authority on Trade Policy

• ⚖️ The bill, introduced by Senators Grassley and Cantwell, seeks to reclaim some of Congress's authority over trade policy.
• ⏰ It mandates that the president must notify Congress in advance of enacting new tariffs and gives Congress 60 days to approve or disapprove them.

GOP Divisions on Tariff Policy

• 📈 While most congressional Republicans typically align with the president's agenda, there's a growing daylight regarding tariffs.
• 🧐 Some Republicans are expressing concerns about the impact of tariffs on markets and their districts, moving beyond a wait-and-see approach.

Parental Voting Rights Debate

• 🗳️ Separately, House Speaker Mike Johnson reached an agreement with Congresswoman Luna on a proposal to allow proxy voting for new parents.
• 🕰️ This compromise revives an old procedure called 'pairing,' where absent members' votes are canceled out, addressing concerns about new parents' ability to vote in person.