🏛️ Legislative Update: The “Big Beautiful Bill”

The bill, strongly backed by Trump, is reportedly on the verge of passing the House of Representatives, having already passed the Senate after a marathon 27-hour amendment session.
Trump aims to sign the bill by July 4th, aligning with his campaign promises.
Key Republican figures and congressional reporters confirm momentum and optimism around the bill’s passage.
The bill is described as potentially the largest tax cut in recent memory.

💼 Federal Reserve and Jerome Powell

Trump is publicly pressuring Fed Chair Jerome Powell to resign immediately, criticizing the Fed’s refusal to lower interest rates.
He accuses Powell and the Fed Board of failing in their duties, claiming they are costing the country trillions in interest.
Trump has hinted at having “two or three” candidates in mind to replace Powell, including:
- Kevin Warsh (former Fed governor)
- Kevin Hassett (former NEC Director)
- Scott Desantis (Treasury Secretary)
- Christopher Waller (former World Bank President and Fed governor)
Trump may announce a replacement as early as September or October, or wait until a 2026 Fed Board vacancy.

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Bishop Sheen Presents - “Angels”. Also a Catechism Lesson - “Original Sin & Angels”.