All articles tagged with #houseofrepresentatives
House Speaker Mike Johnson is seeking to attach a measure that would bar any House votes to overturn President Trump's global tariffs through July 31, arguing he has the votes but facing a GOP revolt; Democrats are pressing to force a Canada tariffs vote, setting up a potential clash over the tariffs amid broad political maneuvering.
House Speaker Mike Johnson cast doubt on President Trump's plan to cap credit-card interest at 10%, warning it could backfire by reducing lending and borrowing. He said Congress would likely not act on the idea, signaling significant political and economic hurdles despite Trump’s focus on lowering living costs. Credit-card rates have risen, and supporters say a cap could save consumers money, though it would likely come at the cost of rewards programs and lending activity.
As the final votes are counted in the 2024 U.S. House races, control of the House remains uncertain, with Republicans holding 211 seats and Democrats 199, according to the Associated Press. With 218 seats needed for a majority, the GOP appears favored, but two dozen races are still too close to call. If Republicans gain control, they will hold both chambers of Congress and the White House, potentially advancing Trump's agenda with minimal opposition from Democrats.