Senator Warren Clashes With Warsh Over Assets, Ties to Trump and Epstein

US Senator Elizabeth Warren, a Massachusetts Democrat, accuses Federal Reserve Chair Nominee Kevin Warsh of being President Donald Trump's "sock puppet" and questions him about his undisclosed assets during testimony before the Senate Banking Committee.

Latest Stories

US and Iran Deadlocked Over Hormuz After Trump Extends Truce

US President Donald Trump indefinitely extended a ceasefire with Iran after the two sides failed to meet for more peace talks, with the war developing into a game of brinkmanship over the critical Strait of Hormuz.

Warren Slams Move to End IRS Partnership Oversight Regulations

Proposed IRS rules scrapping reporting requirements for complex partnerships will neutralize one of the few remaining tools the agency has to identify abusive partnership transactions, Senate Democrats are warning in a new missive to IRS and Treasury Department officials.

Newsmaker Exclusives

Rahm Emanuel Wants Democrats to Ditch Culture War, Talk Prices

Rahm Emanuel says Democrats ‘lost the American people’ on cultural issues -- but he knows how they can win them back in November.

From the Analysts

BGOV Bill Analysis: H.R. 8322, 10-Day FISA Extension

The federal government’s legal authority to monitor certain private electronic messages without a warrant would be extended through April 30 under H.R. 8322, giving lawmakers more time to negotiate a long-term reauthorization for the surveillance program.

BGOV Bill Analysis: H.R. 4690, Repeal Building Energy Standards

Energy efficiency standards requiring federal buildings to phase out fossil fuels would be repealed under H.R. 4690.

NASA Health Support Contracts Spike Before Artemis II Launch

NASA spending on astronaut health-care services jumped more than 9,000% before the Artemis II launch in April, though it wasn’t enough to prevent a medical market-wide slip in contracting dollars in the first half of fiscal 2026, according to Bloomberg Government analysis.

FROM ACROSS BLOOMBERG GOVERNMENT

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