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Jobs in health care. Jobs for women. The US labour market is segmenting. Chernobyl’s radiation and Lenin’s love of literature.
Thank you for opening your Chartbook email. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care: The largest crunch has come in Federal government, which has shed 2.7 m jobs. Source: tchouvkov on Twitter Tech is struggling. [ Joey Politano 🏳️🌈@JosephPolitano The US tech sector continues bleeding jobs in official data released today—overall, employment decreased by 17k last month and is down 69k over the last year That's nearly as bad as the worst of the 2024 tech-cession, and much worse than the 2022 boom or even pre-2020 norms 12:42 PM · Oct 2, 2026 · 15.2K Views 15 Replies · 47 Reposts · 390 Likes ](https://x.com/JosephPolitano/status/2106001807847940232?s=20) The new jobs are all for women. [ Justin Wolfers@JustinWolfers I'm not sure who saw this coming, but so far nearly all the jobs created during the second Trump administration have gone to women. 1:09 PM · Oct 2, 2026 · 33K Views 70 Replies · 146 Reposts · 644 Likes ](https://x.com/JustinWolfers/status/2106008723533533601?s=20) Meanwhile, real wages are being eaten up by modest over-target inflation. [ Heather Long@byHeatherLong The financial pain is real: Wage growth fell to 3% (y/y) in September. That's the lowest in 5 years. Wage growth: 3% Inflation: ~3.4% Inflation has eaten up all wage gains for the average worker since April. Many people are having to make hard choices about what to buy and what … 1:24 PM · Oct 2, 2026 · 37K Views 24 Replies · 275 Reposts · 533 Likes ](https://x.com/byHeatherLong/status/2106012367712620728?s=20) HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $60. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Elmer Bischoff, Bathers, 1960 Americans are disillusioned with higher ed. For contributing subscribers only. Subscribe Where the Chernobyl radiation went. h/t Simon Kuestenmacher aka simongerman600 How Lenin’s love of literature shaped the Russian Revolution - Tariq Ali This, then, was the intellectual atmosphere in which Lenin came of age. His father, a highly cultured conservative, was the chief inspector of schools in his region and much respected as an educationalist. At home, Shakespeare, Goethe and Pushkin, among others, were read aloud on Sunday afternoons. It was impossible for the Ulyanov family – “Lenin” was a pseudonym adopted to outwit the tsarist secret police – to escape high culture. At high school, Lenin fell in love with Latin. His headteacher had high hopes that he might become a philologist and Latin scholar. History willed otherwise, but Lenin’s passion for Latin, and taste for the classics, never left him. He read Virgil, Ovid, Horace and Juvenal in the original, as well as Roman senatorial orations. He devoured Goethe during his two decades in exile, reading and rereading Faust many times. Lenin put his knowledge of the classics to good use in the time leading up to the October revolution of 1917. In April of that year, he broke with Russian social-democratic orthodoxy and, in a set of radical theses, called for a socialist revolution in Russia. A number of his own close comrades denounced him. In a sharp riposte, Lenin quoted Mephistopheles from Goethe’s masterwork: “Theory, my friend, is grey, but green is the eternal tree of life.” Source: The Guardian Elmer Bischoff, The River, 1953 If you’ve scrolled this far, you know you want to click: Subscribe
State Senator Chedrick Greene hosts Saginaw gun violence conversation
State Senator Chedrick Greene brought together survivors, parents, and advocates in Saginaw Saturday to address the impact of gun violence in Michigan's 35th Senate District.
Sen. John Kennedy says he’s considering running for president
The Louisiana senator said that he has not made a decision yet and noted that right now, he is running for re-election.
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
Some Democrats Say Senate Race In South Carolina Is Winnable. Others, not so much.
Dr. Annie Andrews, a Democrat, is hoping to defeat Senator Darline Graham. Even some of her most ardent supporters sense that her bid is a long shot.
Trump Promotes Data Centers at Rally With Republican Facing Heat on Them
The president defended the complexes, which have become a liability for Senator Jon Husted in a challenging midterm race.
Jake Sanderson Reinjured In Senators’ Season Opener In Toronto
As he did in his only preseason game, Sanderson left early in the Sens' regular season opener in Toronto and did not return.
Ken Paxton’s estranged wife backs him without saying his name
Texas state Senator Angela Paxton, Ken Paxton’s estranged wife, threw her support behind the Texas GOP Senate nominee without naming him, saying in a new ad that she will be “voting for the Republican ticket.” The ad comes after Paxton urged Republican women in remarks last month to support GOP candidates even if they have reservations about them.
Trump’s spat with GOP lawmaker over Daylight Saving Time
President Donald Trump railed against Sen. Tom Cotton in a series of posts on Saturday, accusing the Arkansas Republican of holding up a bill that would make Daylight Saving Time permanent and encouraging people to call the senator at his cellphone number.
Trump posts GOP lawmaker’s phone number amid spat over Daylight Saving Time
President Donald Trump railed against Sen. Tom Cotton in a series of posts on Saturday, accusing the Arkansas Republican of holding up a bill that would make Daylight Saving Time permanent and encouraging people to call the senator at his cellphone number.
Trump reveals GOP senator’s phone number in battle over daylight saving time
Sen. Tom Cotton, usually a staunch Trump ally, has vowed to oppose efforts for year-round daylight saving time. He reiterated his opposition Saturday.
U.S. Senate candidate Angie Nixon presses Florida's two senators to protect Haitian TPS holders
Senate Bill 4814, if passed, would extend protections for Haitian nationals who face a forced return amid worsening gang violence, political turbulence, and economic destruction in Haiti. The legislation is stalled in the U.S. Senate.
Two Democrats Competing to Replace Pelosi, Live Onstage
The two candidates vying to replace Rep. Nancy Pelosi in Congress faced off in a live onstage debate at KQED on Oct. 1, moderated by Political Breakdown co-hosts Scott Shafer and Marisa Lagos and the San Francisco Chronicle’s Joe Garofoli. City Supervisor Connie Chan and State Senator Scott Wiener presented their visions for the future
Dems demanding Venezuela brief face State Dept fury as senators leave town without answers
Senate Democrats challenge the legality of a Pentagon equity stake in Venezuelan oil company NABEP, but the State Department fires back sharply.
Nebraska Medical Association honors Sen. Mike Jacobson for rural health care advocacy
State Senator Mike Jacobson has received the Nebraska Medical Association’s 2026 Friend of Medicine Award, the association’s highest honor presented to a non-medical provider.
How Anti-Corruption Politics Destroyed Brazil
Brazil’s upcoming election pits President Lula da Silva, eighty, against Senator Flávio Bolsonaro, forty-five. If he wins, Lula will serve a record fourth (non-consecutive) term.
Ron Johnson and Tammy Baldwin's very different week on health care
Senators acted on bills and Wisconsin's Ron Johnson held a roundtable on COVID procedures before the Senate left town for campaign season.
Senate confirms Keith Sonderling, a business ally, as labor secretary
The vote came shortly before senators planned to recess late Wednesday to campaign ahead of the Nov. 3 midterm elections.
Senator Marsha Blackburn Sues Over Jack Smith’s Subpoena During Trump Inquiry
The lawsuit, brought by Senator Marsha Blackburn of Tennessee, tests the reach of the Constitution’s “speech or debate” clause.
Senate reaches bipartisan deal on permitting bill to speed approvals of new energy projects
Senators from both parties said Wednesday they have reached a bipartisan deal on legislation aimed at speeding up permitting reviews for new energy and infrastructure projects that now face yearslong delays as lawmakers seek to meet growing demand for electricity and other forms of energy.
Senate GOP campaign chief says ‘cash is king’ as Trump team promises millions to keep majority
WASHINGTON (AP) — The Senate Republican campaign chairman said Wednesday that President Donald Trump's team has assured senators “money will not be our problem”
GOP senator blocks resolution that criticized Trump’s taxpayer-funded ads
A GOP senator blocked a resolution on Tuesday that criticized the Trump administration’s recent taxpayer-funded ads promoting President Donald Trump.
Furry Airline Pilots Are Just Minding Their Own Business
“We’re furries at home, and we’re airline pilots at work, and these are two separate things,” says one member of the community in response to senator Tommy Tuberville's recent rant.
Secret phone-record seizure sparks personal lawsuit from GOP senator
Marsha Blackburn's lawsuit targets Jack Smith personally, arguing the special counsel was never lawfully appointed and violated her constitutional rights.
I On Politics
ADDABBO CONCERT RE-SCHEDULED: Senator Joseph P. Addabbo Jr.’s Big Band Swing Concert, co-sponsored by Flor Cawley/State Farm, originally scheduled for Friday, September 25, was postponed due to forecasted rain and will now take place on Friday, October 2, 2026, at the Forest Park Bandshell. GREEK AMERICAN HOMEOWNERS ASSN MTG: The next General Meeting of
Can politicians escape their party’s brand?
Discover how voters perceive the ideological distance between political parties and their own senators. The results might surprise you.
Sen. Eric Schmitt confused the Hawks and Hawkeyes and the political press had a field day
The Missouri senator accused Jack Smith of perjury over an Atlanta Hawks game. Smith had actually watched Caitlin Clark play … in Maryland.
Democrats in Congress embrace a more punitive posture toward Israel
Nearly every Democratic senator voted to advance a measure calling for a human rights report on Israel’s conduct in the West Bank, as some in the party propose punishing settlement activity with sanctions.
Senator Klobuchar: ‘Don’t call someone a dirtbag when you don’t have your own facts right’
Democrats in Congress Embrace a More Punitive Posture Toward Israel
Nearly every Democratic senator voted to advance a measure calling for a human rights report on Israel’s conduct in the West Bank, as some in the party propose punishing settlement activity with sanctions.
GOP senator appears to confuse Atlanta Hawks & Iowa Hawkeyes in trying to tie Jack Smith to Fani Willis
GOP senator airballs perjury claim against Jack Smith over apparent Hawks/Hawkeyes mixup
The Missouri senator’s shot at a gotcha moment against the former special counsel wound up being a very public miss.
Tarheel senators on board with Protect College Sports Act of 2026
(The Center Square) – Regulation of college sports, potentially corralling a volatile period of amateur athletes zooming forward with multi-million dollar deals and major conferences expanding their footprints as valued TV properties, includes the support of both North Carolinians in the U. S.
Senate passes college sports bill amid opposition from CT senators
Blumenthal’s measure could make it easier for schools like UConn to join a power conference. But he and Murphy didn't back the overall bill.
‘Clarity and consistency’: Idaho senators, college leaders back sports reform bill
The school presidents at Idaho’s three most prominent public universities are beating the drum for the bipartisan Protect College Sports Act.
Lone GOP senator blocks bipartisan effort to prevent Trump from demolishing Kennedy Center
A bipartisan effort aimed at protecting the Kennedy Center from demolition was blocked on the Senate floor Monday night by a lone Republican senator.
Fetterman announces $1.44M for Williamsport water tank replacement project
Washington, D.C. — Today, Senator John Fetterman (D-PA) announced $1,440,000 from the Environmental Protection Agency (EPA) to the Williamsport Municipal Water Authority (WMWA) for a tank replacement.
‘It’s certainly a challenge for Nebraska families’: GOP senator who supports war in Iran on its economic impact
How Ted Cruz, once a Republican gadfly, became a bipartisan dealmaker
The Texas senator was the driving force behind a bill to overhaul regulation of college athletics that passed the chamber Monday night.
Jack Smith clashes with senators over Trump probes, says ‘I will not be silenced’
Jack Smith returned to Capitol Hill on Tuesday to defend his derailed efforts to prosecute President Donald Trump, telling lawmakers he would not “be silenced by continued threats of prosecution” from the president.
Jack Smith tells senators he won't 'be silenced' by threats of prosecution
Smith also told the Senate Judiciary Committee that he stands behind the criminal cases he brought against Trump
Jack Smith tells senators he won't 'be silenced' by threats of prosecution
Smith also told the Senate Judiciary Committee that he stands behind the criminal cases he brought against Trump
GOP senator blocks bill to stop Trump from demolishing Kennedy Center
The bipartisan effort to ban the demolition of presidential memorials was thwarted in the Senate by an objection from Sen. Mike Lee (R-Utah).
Ex-Trump prosecutor Smith will tell senators he won't 'be silenced' by threats of prosecution
The former Justice Department special counsel who brought two federal indictments against President Donald Trump will tell lawmakers he “will not be silenced by continued threats of prosecution” from the Trump administration and believes the rule of law is being threatened like never before
Ex-Trump prosecutor Smith will tell senators he won't 'be silenced' by threats of prosecution
The former Justice Department special counsel who brought two federal indictments against President Donald Trump will tell lawmakers he “will not be silenced by continued threats of prosecution” from the Trump administration and believes the rule of law is being threatened like never before.
A Tough Ad Reminds Nebraska Voters About a Brutal Crime and a Pardon
A group supporting Dan Osborn, the independent Senate candidate in Nebraska, is airing an ad attacking Senator Pete Ricketts, a Republican, for pardoning a man convicted of sexual assault.
$10 for a gallon of gas has red Alaska thinking about a Democratic senator
Mary Peltola hopes to unseat Republican Sen. Dan Sullivan in a race all about prices, federal aid and Donald Trump.
Blumenthal, Lamont: Trump blocking CT grants for political reasons
U.S. Sen. Richard Blumenthal and Gov. Ned Lamont complained Friday that the Trump administration has yet to release federal energy grants terminated a year ago on the basis of whether the recipients were in states won by Kamala Harris in 2024 and are represented by Democratic senators.
In Ohio, a Humbling Question For Senator Jon Husted: Are You the Incumbent?
Even some devoted conservatives know more about Sherrod Brown, the Democratic challenger, than the Republican incumbent, who needs the MAGA base to turn out.
GOP senator says buildings shouldn't be named after living politicians
Sen. John Kennedy says politicians should not have buildings named after them while alive. "I think that would settle a lot of this controversy."
GOP senator says buildings shouldn't be named after living politicians
Sen. John Kennedy says politicians should not have buildings named after them while alive. "I think that would settle a lot of this controversy."
As Congress debates college sports, athletes-turned-senators like Eric Schmitt get in the game
The Protect College Sports Act is on the brink of passing in the Senate, where a handful of former college athletes who are now senators on both sides of the aisle have an extra say in the debate. Sen. Eric Schmitt, a Republican from Missouri, is determined to get it passed.
Bipartisan bill would protect MD small business deposits
Commentary: U.S. Senators introduce the Main Street Depositor Protection Act to raise deposit insurance for small business accounts.
‘All INdiana Politics’: Property tax reform and childcare costs dominate debate in key State Senate race
INDIANAPOLIS — The race for Indiana’s 29th State Senate district has emerged as a focal point for the upcoming elections as candidates compete for an open seat in a key swing district. The vacancy follows State Senator J.D. Ford’s decision to challenge U.S. Representative Victoria Spartz for her seat in Congress. The 29th District stretches […]
Investing in Nebraska’s Health and Safety
US Senator Deb Fischer By U.S. Senator Deb Fischer I often write about using my role in the U.S. Senate to advocate for Nebraska. It’s why I joined the
New Laird Law Expands Access to Long-Acting HIV Prevention Medicine
Official website of Senator John Laird, representing California Senate District 17.
Republican senator criticizes White House for taxpayer-funded Trump ads
John Kennedy pushes back against such spending as pro-Trump ‘public service announcements’ air before midterms
‘All INdiana Politics’: Property tax reform and childcare costs dominate debate in key State Senate race
INDIANAPOLIS — The race for Indiana’s 29th State Senate district has emerged as a focal point for the upcoming elections as candidates compete for an open seat in a key swing district. The vacancy follows State Senator J.D. Ford’s decision to challenge U.S. Representative Victoria Spartz for her seat in Congress. The 29th District stretches […]
Senator Tillis: President Trump ‘made a colossal mistake’ by not supporting Senator John Cornyn
As former athletes, some Senators have extra say on the college sports reform bill
As Senate considers a major college sports reform bill lobbied for by the NCAA and other powerful stakeholders, some lawmakers — themselves former college athletes — have a major say in the debate.
Political Pulse: Overton grilled on Capitol Hill & debate over debates in governor’s race
NEW MEXICO (KRQE) – A New Mexico doctor nominated by President Trump to lead the FDA faced questions on Capitol Hill during her confirmation hearing this week. Senators grilled Heidi Overton o…
How Toxic Are Data Centers for Politicians? Eight-Page Cease-and-Desist Letter Toxic
Nobody wants to be labeled the "data senator."
Surprising Maple Leafs Player Clears Waivers
The Toronto Maple Leafs wrapped up their preseason contests on Wednesday with their final split-squad game against the Ottawa Senators. After the games, the Maple Leafs sent down eight players who had the possibility of being claimed off waivers.Veteran forward Steven Lorentz was among those eight players; however, luckily for the Maple Leafs, he cleared […] The post Surprising Maple Leafs Player Clears Waivers appeared first on HEAVY.
Fetterman defends political identity, weighs potential role as 51st senator
Pennsylvania Sen. John Fetterman (D) defended his position as a Democrat on Saturday despite straying from the party on key issues — but refused to speculate how he would break ties if his party at…
Blumenthal forum on ICE shootings, AI risks: CT politics news
Plus: Senate Republicans on Zulma Toro’s resignation, and Congress’ final acts before the midterms on a bill CT senators oppose.
Murray, Baldwin Lead Colleagues in Demanding Vought Abandon Any and All Plans to Exert Political Control Over NIH Funding
Lawmakers emphasize need for Republicans to join Democrats and support new guardrails in law to protect the integrity of NIH’s grantmaking process following long line of politically motivated attacks on NIH ICYMI: Senator Murray on Trump’s Latest Plan to Politicize Lifesaving NIH Research ICYMI: Murray on Trump Admin Scrapping Plans for Executive Order to Empower […]
How worried are Republicans about the midterms? GOP Senators demand Congress stay in town for a vote on affordability
Abdul El-Sayed under the microscope: From public health to politics
What was Abdul El-Sayed’s record as a public health official, and did he deliver on his top priorities? Here’s what you need to know as he competes to be Michigan’s next US Senator.
Abdul El-Sayed under the microscope: From public health to politics
What was Abdul El-Sayed’s record as a public health official, and did he deliver on his top priorities? Here’s what you need to know as he competes to be Michigan’s next US Senator.
Wisconsin senator introduces bill to ban ICE, CPB agents from polling locations
Sen. Tammy Baldwin said the legislation sends a message to the president that lawmakers are watching, even if there’s no chance the bill passes before Election Day.
Bipartisan group of senators urge Trump to disinvite Putin from G-20
Top senators on the Armed Services and Foreign Relations committees argue the invitation legitimizes the Russian assault on Ukraine.
‘Data senator’ ad prompts Frank Farry to send a cease-and-desist letter to his Democratic challenger in Bucks County
An attorney representing state Sen. Frank Farry (R., Bucks) called on Democrat Eileen Hartnett Albillar's campaign to retract the "data senator" advertisement.
ICYMI: Hickenlooper, McCormick Celebrate Formation of Senate Bipartisan Science and Innovation Caucus
In case you missed it, U.S. Senators John Hickenlooper and Dave McCormick joined scientists, researchers, and legislative staff at a kickoff event last week at the U.S. Capitol to celebrate the formation of their U.S. Senate Bipartisan Science and Innovation Caucus. Watch the highlights of the kickoff event HERE. “If you were to look at […]
Muslim Americans push back as Republican politicians stoke anti-Sharia rhetoric ahead of election
Senator Ted Cruz targeted Muslim Americans at the recent Republican midterm convention, declaring that Sharia law “has no place in America.” It was part of a broader surge of GOP rhetoric condemning the religious code followed by Muslims in the U.S. and around the world. Muslim American leaders a...
Muslim Americans rebut new wave of anti-Sharia rhetoric from GOP politicians
Senator Ted Cruz targeted Muslim Americans at the recent Republican midterm convention, declaring that Sharia law “has no place in America.”
Muslim Americans push back as Republican politicians stoke anti-Sharia rhetoric ahead of election
Senator Ted Cruz targeted Muslim Americans at the recent Republican midterm convention, declaring that Sharia law “has no place in America.” It was part of a broader surge of GOP
How one Oregon politician plans to use his power to keep the Trail Blazers in Portland
Oregon's senior U.S. senator is calling on other NBA owners to make sure Tom Dundon doesn't relocate Portland's franchise.
How every senator voted on the Iran war powers resolution
The Senate failed to block President Donald Trump from ordering further strikes on Iran in a 49-50 vote.
California senator proposes tax to discourage price gouging at the pump
With gas prices spiking and diesel prices at an all-time high, Sen. Adam Schiff, D-Calif., says he is introducing legislation to discourage oil companies from price gouging at the pump
California senator proposes tax to discourage price gouging at the pump
With gas prices spiking and diesel prices at an all-time high, Sen. Adam Schiff, D-Calif., says he is introducing legislation to discourage oil companies from price gouging at the pump
California senator proposes tax to discourage price gouging at the pump
With gas prices spiking and diesel prices at an all-time high, Sen. Adam Schiff, D-Calif., says he is introducing legislation to discourage oil companies from price gouging at the pump
Fossil-fuel firms in line for billions in benefits after answering Trump’s donation call
Senators’ report says taxpayers face higher bills after ‘bargain’ between president and major polluters
Sen. Cohen Welcomes Small Business Healthcare Tax Credits
Sen. Cohen Welcomes Small Business Healthcare Tax Credits State Senator Christine Cohen welcomes the announcement that a new state tax credit is now available in Connecticut to help small businesses offer health insurance to their employees. Eligible businesses, which include those with 50 or fewer employees, can receive a tax credit of up to $1,000 per employee per year…
Sen. Cohen Welcomes Small Business Healthcare Tax Credits
Sen. Cohen Welcomes Small Business Healthcare Tax Credits State Senator Christine Cohen welcomes the announcement that a new state tax credit is now available in Connecticut to help small businesses offer health insurance to their employees. Eligible businesses, which include those with 50 or fewer employees, can receive a tax credit of up to $1,000 per employee per year…
Key GOP senator privately says party is in "fight for our lives" in midterms, but sees path to holding onto Senate
Trump SBA to Extend Comment Period After Ranking Member Markey Leads Effort to Rescind SBA Policy that Reclassifies Billion-Dollar Businesses as “Small Businesses”
Trump admin policy would reclassify 114,000 larger businesses as “small” to access small business resources and win federal contracts meant for small businesses Letter (PDF) (Washington, September 23) – This week, the Small Business Administration (SBA) announced its plans to extend the deadline to submit comments on its controversial proposed rule regarding small business size standards until November 20. The Trump SBA’s announcement came shortly after Ranking Member Edward J. Markey (D-Mass.), alongside 12 of his Senate colleagues, sent a letter to Administrator Kelly Loeffler demanding that the Trump SBA rescind a harmful policy that would dramatically redefine what a small business is. The Administration’s proposed policy would change the small business size standard to designate 114,000 larger companies some with annual revenue above $1 billion—as small businesses, giving these businesses access to small business resources and federal contracts typically set aside for actual small businesses. In the letter, Ranking Member Markey and the lawmakers emphasized that small businesses will be shut out of the federal contracting space as government agencies award contracts to larger businesses, causing small businesses to lose revenue, lay off workers, or close their businesses entirely. “For more than 70 years, SBA’s mission has been clear: promote and protect the interests and viability of small businesses. By proceeding with this proposed methodology and rule, SBA moves further away from its mission of facilitating healthy small business participation in the U.S. economy. We urge SBA to rescind these proposals, meet in earnest with small businesses across the country, and discuss the proposal and methodology with congressional committees of jurisdiction. SBA must be committed to developing measured increases to the size standards that do not reward large, billion-dollar companies but instead helps our small businesses survive, grow, and thrive.” The lawmakers highlighted the following points in their letter: Under the Trump SBA’s new size standards, the highest receipts-based standard would exceed $1 billion in annual revenue—more than 20 times the current $47 million maximum—and the highest employee-based standard would reach 3,600 employees—more than twice the current 1,500 employee maximum. Specific increases include an increase in size of nearly 492% for banks, 1,500% for law firms, and more than 2,051% for private equity firms. Of the 114,000 businesses that would be newly classified as small, more than 37,000 of these businesses have collectively won more than 100,000 federal contracts worth approximately $71 billion in Fiscal Year 2025 alone without a small business designation. If SBA included the awards won by these 37,000 businesses in its Fiscal Year 2025 analysis, small business contracts would have accounted for 38% of all federal contracts, instead of the 27% that SBA announced this summer. The letter was co-signed by Senators Mazie Hirono (D-Hawaii), Angela Alsobrooks (D-Md.), Richard Blumenthal (D-Conn.), Christopher Coons (D-Dela.), Elissa Slotkin (D-Mich.), Chris Van Hollen (D-Md.), Jacky Rosen (D-Nev.), Elizabeth Warren (D-Mass.), Tim Kaine (D-Va.), Brian Schatz (D-Hawaii), Mark Warner (D-Va.), and Ruben Gallego (D-Ariz.). Ranking Member Markey is fighting to protect small businesses in Massachusetts and across the country from the Trump SBA’s harmful policies that put big businesses and billionaires over American small businesses, workers, and families. In August, Ranking Member Markey slammed the Trump SBA’s proposal to overhaul its small business size standards to benefit big businesses over small businesses. In July, Ranking Member Markey and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses. Also in July, Ranking Member Markey and Senator Hirono submitted a comment letter to the Small Business Administration (SBA) opposing a proposed rule change by Trump’s SBA to the 8(a) Business Development Program that would harm underserved small business owners and entrepreneurs. In June, Ranking Member Markey released a new report highlighting Trump’s drastic reduction in federal contracting dollars awarded to American small businesses. ###
Maine Dems hammer Collins over report of pay-to-play probe. GOP senator calls it 'completely false'
Maine Democrats on Wednesday assailed U.S. Sen. Susan Collins over a news report that the FBI investigated how much she knew about illegal campaign contributions that sent one of her donors to prison.
Susan Collins tears into bribery allegations as new claims emerge during critical Senate battle
Maine Sen. Susan Collins dismissed the FBI bribery probe as a "political hit job," questioning convicted fraudster Martin Kao's credibility.
Senators propose coach salary cap for Protect College Sports Act
What if the Protect College Sports Act limited the amount a coach could make?
I’m a Republican senator. The U.S. needs a stronger NIH.
America should invest in medical research, not retreat from it.
GOP senator calls for probe into Trump family business dealings
WASHINGTON >> A Republican U.S. senator today called for an investigation into whether President Donald Trump’s family is profiting from his time in office, saying any perception that family members are exploiting their position undermines trust in the government.
GOP senator calls for investigation into business dealings of Donald Trump Jr. and Hunter Biden
A Republican senator is calling for an investigation into the business dealings of Donald Trump Jr. and Hunter Biden following the revelation that a Russian oligarch paid for Trump Jr.’s post-wedding festivities in the Caribbean earlier this year. Sen. John Curtis, R-Utah, sent a letter Monday to the leaders of the Senate Judiciary Committee requesting that the panel subpoena the president’s eldest son as well as former President Joe Biden’s son for testimony. NBC News' Ryan Nobles reports.
US Republican calls for probe into Donald Trump Jr’s business dealings
US Senator John Curtis's letter marks a rare effort by a member of the president's own party to hold him accountable.
Ernst Names Small Business of the Week, North Lumber & Home Center
Read the release on Sen. Ernst's website HERE. Throughout this Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties. RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: North Lumber & Home Center of Decatur County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in each of Iowa's 99 counties. “North Lumber & Home Center has truly gotten to the root of what it means to be a hardworking, dedicated small business” said Chair Ernst. “For more than four decades, this family-owned and operated business has continued to branch out by providing quality services and staying actively engaged in its community.” In 1980, current owner Sally Dykes and her family purchased North Lumber. As the family continued to expand their inventory and operations to better serve its customers, they renamed the business to North Lumber & Home Center. In 2002, they opened a second store in Lamoni, Iowa. Today, Sally continues to run the lumberyard and building materials supplier business alongside her son, Tony Dykes. Stay tuned as Chair Ernst continues to recognize outstanding Iowa small businesses with her Small Business of the Week award. ###
El-Sayed joined by Harris during reproductive health roundtable
Former Vice President Kamala Harris and Senatorial candidate Abdul El-Sayed joined a discussion at Birth Detroit