American attorney and politician; senior U.S. senator from Oregon since 1996
President Donald Trump has said he will suspend the 18.4¢ federal gasoline tax "till it's appropriate" to ease rising pump prices, and has endorsed legislation Sen. Josh Hawley is introducing; the White House cannot act unilaterally and Congress must approve any suspension, which would cut roughly 4% from retail prices and reduce Highway Trust Fund revenue.
The Justice Department has reached a settlement with former President Donald Trump over an IRS controversy. The deal bars audits of Trump, his family, and affiliates for existing tax matters and establishes an $1.8 billion anti-weaponization fund for allies; the arrangement covers only existing audits, not future ones.
CENTCOM has told lawmakers that there have been threat reports about adversaries exploiting commercial location data to surveil US personnel in theater. The disclosures, drawn from CENTCOM responses and a Pentagon letter, underpin concerns about data brokers and adtech as a national security issue, with lawmakers urging faster action to harden defenses on devices and browsers.
Former Oregon senator Bob Packwood has died at 93. His obituary notes a career defined by fiscal conservatism and social liberalism, but overshadowed by a 1993 ethics probe into sexual and official misconduct. He resigned in 1995 and later became a lobbyist; his legacy is marked by tax reform and controversy over his treatment of women.
The House Oversight Committee has subpoenaed former Apollo CEO Leon Black to produce nondisclosure agreements and to return for a sworn deposition on July 16 after he declined to answer questions about NDAs during a closed-door interview. Committee chair James Comer says the NDAs may connect Black to Jeffrey Epstein; Black denies wrongdoing.
Federal subpoenas have compelled several New York Times journalists to appear before a Manhattan grand jury over reporting on security weaknesses in the Qatari-donated Air Force One. The subpoenas were signed by U.S. Attorney Jay Clayton and follow an FBI review; the Times says the move threatens press freedom and vows to fight the orders in court.
Legislation updating Russia sanctions has gained White House backing and is advancing in the Senate, with debate centring on tariffs for the five largest buyers of Russian oil and gas and potential waivers. The measure has broad support and could reshape U.S. pressure on Moscow, as Graham’s legacy guides the approach.
Trump Media & Technology has unveiled Truth API, a paid low‑latency feed that will deliver real‑time posts from the platform’s top 10 accounts from Aug. 1. Executives discussed charging institutional customers up to $100,000 a month (or $60,000 on three‑year deals). Lawmakers, regulators and market participants have warned it will let traders profit from presidential posts and raise conflict‑of‑interest and market‑manipulation concerns.
The Senate has confirmed Jay Clayton as Director of National Intelligence, replacing acting DNI Bill Pulte. Clayton has faced questions about his stance on the 2020 election and national security credentials, while Republicans push for steadier leadership in the intelligence community as major policy debates continue.
The Senate has advanced the Lindsey Graham sanctions bill, with bipartisan support and a high-profile backdrop including Zelenskyy’s Washington visit. The package targets Russia’s energy sector and its so-called “shadow fleet,” while expanding sanctions to Iran. House passage remains uncertain as August recess looms.
The FCC is proposing to eliminate the 39 percent national TV ownership cap, a rule dating from the 1990s. Former House leaders argue Congress must act to change the law, while allies and critics debate the implications for broadcasters, competition and speech.