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The US Senate has passed the 'Big and Beautiful' bill, which has now been submitted to the House of Representatives for review

星球日报
星球日报|7月 02, 2025 00:10
Odaily Planet Daily News: The US Senate has passed the comprehensive tax cuts and spending bill proposed by President Trump with 51 votes in favor and 50 votes against. During the Senate voting process, Republican Vice President Vance cast a crucial vote as Senate President, breaking the deadlock. This bill is also known as the 'Big and Beautiful' bill. The revised bill has now been submitted to the House of Representatives for review, and House Speaker Mike Johnson will strive to push it through before the July 4th deadline set by Trump. During the voting period, senators voted on multiple amendments, indicating the level of controversy surrounding the bill within Congress. (Caixin News Agency)
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Timeline

7月 31, 20:15【The Senate Banking Committee's draft clarification bill is still a slim version】
7月 31, 19:45【The Senate Banking Committee's draft clarification bill is still a slim version】
7月 31, 10:53【The establishment of a regulatory framework for stablecoins will open up new business opportunities】
7月 31, 10:28【White House seeks confirmation of Brian Quintenz as CFTC Chairman】
7月 31, 07:21【A 20% discount on student debt has been passed through parliament】
7月 31, 01:47【Tornado Cash Joint Creation Case Enters Jury Deliberation Stage】
7月 31, 00:27【Parliament approves a 20% reduction in student debt】
7月 30, 18:56【Nancy Pelosi supports Senate stock trading ban】
7月 30, 18:00【Voted 9-2 in support of the federal funds rate action】
7月 30, 17:32【Trump supported working group urges clarification of cryptocurrency trading rules】

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