Federal agencies are on the brink of running out of money, adding tension to legislative negotiations. A focus on the farm bill emerges, as political maneuvers could significantly impact farmer aid. There’s also a look at a major bank's philanthropic contributions aimed at housing and small businesses. Meanwhile, Robert F. Kennedy Jr. is making his presence felt in meetings with Senate Republicans. The conversation wraps up with a pressing need for clearer drone regulations, highlighting the challenges lawmakers are currently facing.
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Quick takeaways
Congress is under pressure to finalize a bipartisan government funding bill before the looming deadline to avoid a shutdown.
Wells Fargo's commitment to community support includes nearly $2 billion in philanthropic efforts to address critical needs like housing and small business growth.
Deep dives
Wells Fargo's Commitment to Community Development
Wells Fargo focuses on creating a sustainable and inclusive future by addressing critical community needs such as housing affordability, small business growth, and financial health. Over the past five years, the company has contributed nearly $2 billion to strengthen local communities, reflecting a commitment to making a broad impact. Their philanthropic efforts involve donations from Wells Fargo and Company, Wells Fargo Bank N.A., and the Wells Fargo Foundation, showcasing a collaborative approach to community support. This ongoing support aims to empower individuals and local organizations, fostering resilience and development within various communities.
Ongoing Legislative Developments in Congress
Congress is navigating key issues as it approaches a funding deadline, with discussions centering around a continuing resolution (CR) to prevent a government shutdown. Speaker Mike Johnson faces pressure to include agricultural economic assistance, which has prompted negotiations with Democrats who are leveraging their position to seek substantial concessions. Proposed demands from Democrats include significant funding for infrastructure projects and reauthorization of trade acts that could affect various sectors. The complexity of these negotiations reflects the challenging political climate, highlighting the urgent need for bipartisan cooperation to advance essential legislation.
Federal agencies run out of money Friday night at midnight. And there’s still no bipartisan deal on a government funding bill. Which isn’t great news. Plus: RFK Jr. comes to the Hill.
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