Senate advances resolution to limit Trump's Iran military powers
The U.S. Senate voted 50-47 to advance a war powers resolution aimed at limiting President Donald Trump's authority to engage in military action against Iran, marking the first successful procedural vote after seven previous attempts. Four Republican senators, including Bill Cassidy of Louisiana, who recently lost a primary backed by Trump, joined nearly all Democrats in supporting the measure, while three Republicans were absent. The resolution, introduced by Senator Tim Kaine, directs the president to withdraw U.S. forces from hostilities with Iran unless Congress grants authorization.
FBI seeks $36 million for national ALPR network
The Federal Bureau of Investigation is seeking up to $36 million for nationwide access to a network of automated license plate readers (ALPRs) to track vehicle movements across the U.S. and its territories. The FBI plans to award contracts to one or more vendors capable of providing near real-time data from cameras, covering at least 75 percent of locations. The Request for Proposals outlines the need for a system that allows searches based on license plate information, vehicle descriptions, and geo-location criteria.
Convicted Capitol Rioters May Seek Fund Compensation
Acting Attorney General Todd Blanche stated at a Senate appropriations hearing that individuals convicted of assaulting police officers during the January 6, 2021 Capitol riot could potentially seek compensation from the newly established $1.8 billion 'Anti-Weaponization Fund.' Both Blanche and Vice President JD Vance emphasized that applications would be considered on a case-by-case basis, with Vance noting that 'anybody can apply' while asserting that the administration does not intend to provide funds to those who attacked law enforcement. The fund was announced as part of a settlement agreement related to former President Donald Trump's $10 billion lawsuit against the IRS.
Federal Reserve to Hold Interest Rates Steady Through 2026
The U.S. Federal Reserve is expected to maintain current interest rates throughout 2026, as economists predict that inflation driven by war-related factors will be temporary. President Donald Trump, who has criticized former Fed Chair Jerome Powell's cautious approach, nominated former Fed governor Kevin Warsh, who supports lower interest rates, arguing that advancements in AI technology will boost productivity without reigniting inflation. Despite rising consumer prices and bond yields, analysts suggest the Fed may adopt a tightening bias in upcoming meetings.
Thune Questions Purpose of Trump's Anti-Weaponization Fund
Senate Majority Leader John Thune has publicly criticized former President Donald Trump's $1.8 billion 'Anti-Weaponization Fund,' stating he sees no clear purpose for it. The fund, established as part of a settlement in a lawsuit involving Trump and his family against the IRS over leaked tax returns, aims to compensate individuals allegedly unfairly targeted by government investigations. Thune's concerns reflect a broader unease among Republicans, with fellow Senator John Kennedy also questioning the fund's funding sources and criteria for claims.