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Trump's "Big Beautiful Bill," Musk PAC Feud, Fed Warning, and HHS Reorganization Blocked
• Senate Passes "Big Beautiful Bill" by 1 Vote A sweeping Trump-backed bill passes 51–50 with VP Vance breaking the tie. It includes permanent tax cuts, Medicaid work requirements, massive defense and border spending, and a $5 trillion debt ceiling hike. • Trump Allies Launch Super PAC to Counter Elon Musk A new Trump aligned PAC is targeting Musk's growing influence in GOP politics, setting up a 2026 midterm clash between two titans of tech and populism. • Fed Chair Powell Warns of More Rate Hikes Inflation's still hot. Powell says more rate increases are possible. Wall Street slips as the…
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