

House advances Trump agenda bill, setting up a final vote
Jul 3, 2025
In this discussion, Dom Chu, CNBC correspondent, sheds light on critical updates surrounding a major domestic policy bill backed by congressional Republicans. He delves into the intense dynamics within Congress, highlighting the strategic maneuvers to secure votes amidst GOP divisions. Chu also discusses the economic implications of President Trump's trade agreement with Vietnam, particularly the effects on market growth and consumer spending. The conversation further explores how this legislation could impact everyday Americans as midterm elections loom.
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Trump's Influence on GOP Vote
- Speaker Mike Johnson and President Trump used intense pressure tactics to secure votes for the massive GOP bill.
- This marked a rare instance of Trump directly influencing House Republicans to back legislation.
Fear, Not Policy, Flipped Votes
- Republicans flipped votes mainly due to fear of political backlash from Trump and his supporters rather than changes in the bill.
- The bill's content remained largely unchanged despite the extended debates and delays.
Personal Stories Highlight Medicaid Cuts
- Minority Leader Hakeem Jeffries used personal stories to highlight the real impacts of Medicaid cuts.
- He emphasized the bill would negatively affect vulnerable Americans' health and livelihoods.