US Policy Pulse

Congress Returns to Spending, NDAA, and SAVE Act Battles Amid Graham's Death and McConnell's Illness; Housing Law Takes Effect; Tillis Threatens to Stall Senate; Ron Johnson to Lead Budget Committee; House Passes Stock Trading Limits; Bergman Confirms Reconciliation 3.0; More Homes on the Market Act Pending; Open Letter Challenges Supply-Side Narrative; Farm Bill Stalled After Democrats Block Advancement; Senate Passes Bipartisan CR 90-6; 25 States Sue Over Tariffs; Senate Committees Vote on Fauci Contempt and Farm Bill Markup; Vance Huddles with Senate GOP; SAVE Act Stalling

Congress Returns to Spending, NDAA, and SAVE Act Battles Amid Graham's Death and McConnell's Illness; Housing Law Takes Effect; Tillis Threatens to Stall Senate; Ron Johnson to Lead Budget Committee; House Passes Stock Trading Limits; Bergman Confirms Reconciliation 3.0; More Homes on the Market Act Pending; Open Letter Challenges Supply-Side Narrative; Farm Bill Stalled After Democrats Block Advancement; Senate Passes Bipartisan CR 90-6; 25 States Sue Over Tariffs; Senate Committees Vote on Fauci Contempt and Farm Bill Markup; Vance Huddles with Senate GOP; SAVE Act Stalling

The 21st Century ROAD to Housing Act became law without Trump's signature. Analysis confirms investor ban is mostly symbolic (targets 0.34% of housing stock) and porous; real supply-side provisions voluntary and slow. Political realignment of left and right populists noted. Trump calls to nuke filibuster for SAVE Act; Speaker Johnson moving via reconciliation but faces hurdles. Sen. Tillis goes scorched-earth, threatening to stall all Senate business over SAVE Act. Graham's death and McConnell's illness create leadership chaos; Ron Johnson expected to take Budget Committee chair. Congress returns with NDAA (includes wind energy review and US-Israel military integration via Section 219) and stalled appropriations; only 4 weeks before August recess. Senate passed bipartisan CR 90-6 to fund government through Dec. 11, blocking Trump's grant cancellation plan and border fund transfers. House must still approve. Senate Ag markup of farm bill this Thursday with SNAP cost-sharing (one-year delay) and E15 year-round sales; Grassley praised E15 inclusion. House passed stock trading limits (with Trump exemption and voter ID tie). Rep. Bergman's legislative update confirms NDAA passage, insider trading ban, and Reconciliation 3.0 with SAVE Act attached. New: More Homes on the Market Act (capital gains exclusion update) pending. An open letter challenges supply-side housing narrative. Additionally, 25 states sue Trump administration over latest tariffs, arguing they are illegal taxes. Senate farm bill draft now includes year-round E15 provision. Farm bill now stalled after Democrats blocked advancement in committee over SNAP cost-shift dispute; Boozman offered one-year delay, Democrats want two. Committee remains open. Defense bill also held up over Iran war authorization. New: Senate committees voted on Fauci contempt resolution (party-line, Democrats tried to table) and Farm Bill markup (PRIME Act, SOB Act, Booker glyphosate amendment). New analysis of CDBG shows weak incentives in housing law for most cities. Historical context: Fauci is only third physician held in contempt of Congress, with pardon complication and DOJ reluctance. New: Vice President Vance huddles with Senate GOP to push White House on stalled funding bill and SAVE Act, signaling active negotiations. New: SAVE Act stalling in Senate; Trump's demands unmet; Republicans will try again via budget package in September.

Sources (14)
Updated Aug 9, 2026