Federal Policy Pulse

Executive Power and Agency Actions

Executive Power and Agency Actions

Key Questions

Who is the new Fed Chair and what did the FOMC decide in June 2026?

Kevin Warsh was confirmed as Fed Chair. The FOMC held rates steady at its June 16-17 meeting with a hawkish tilt and pledged future reforms.

What changes is the OMB proposing to federal grants?

The OMB has proposed a rule revising guidance in Title 2 of the Code of Federal Regulations that governs grants, cooperative agreements, and contracts.

How is President Trump linking FISA 702 renewal to other legislation?

Trump has stated he will not sign FISA 702 renewal unless it is tied to a voter ID bill, complicating congressional negotiations.

What executive actions has the Trump administration taken on federal workforce and AI?

Trump signed an EO reclassifying 8,000 senior federal workers as at-will and the administration shut down an AI model over national security concerns.

Which major cases is the Supreme Court expected to rule on this term?

The Court is set to decide cases involving birthright citizenship, election laws, and transgender athletes before the term ends.

DOJ suing Virginia over mask ban and law banning federal officers. Bank regulators scrutinize AI in routine exams. NDAA Section 224 controversy over US-Israel military integration. States step in on AI child safety. House hearing on Federal Reserve structure. Trump signed EO reclassifying 8,000 senior federal workers as at-will; OMB rule overhauling federal grants; EEOC ends EEO-1. SCOTUS term winding down with major cases pending. New: national bank charter federalism under assault; House passed DUMP Red Tape Act; SCOTUS to rule on birthright citizenship, election laws, transgender athletes; Congress investigating power grid vulnerabilities; FAA/FCC drone policies advancing; reconciliation and defense bill at pivot point; Congress federalized shoplifting via money laundering. Also: Trump vaccine EO blocked by judge; Trump admin shut down AI model over national security; federal judge pauses Idaho bathroom bill; Hawaii joins fight against federal data privacy bill; Indo-Pacific Command chief warns of China war threat; Anthropic locks down Mythos AI model. Warsh confirmed Fed Chair, first FOMC June 16-17 held rates steady with hawkish tilt and promised reforms. Trump ties FISA 702 renewal to voting bill, escalating executive pressure on Congress. OMB proposes changes to federal grants guidance.

Sources (6)
Updated Jun 24, 2026