Patrick McHenry believes a new "Fed-Treasury Accord" is needed due to the size of U.S. debt and deficits.

Patrick McHenry expressed disappointment with Kevin Warsh's opposition to forward guidance, stating that a formalized approach like the Taylor rule would be beneficial.

The Trump administration has informed Congress that war powers timelines are not applicable because military actions against Iran have been paused.

Senate Leader Chuck Schumer plans to include a Department of Justice "slush fund" as part of the reconciliation process.

According to Patrick McHenry, the Department of War will face significant funding challenges for the Iran conflict around August.

House Appropriations Chair Tom Cole stated that the Pentagon is potentially months away from running out of funding for its military operations related to Iran.

A housing policy bill co-sponsored by Representatives French Hill and Maxine Waters passed the House with a larger bipartisan majority than the Senate's version.