Paxton Defeats Cornyn in Texas Senate Primary Upset
Texas Attorney General Ken Paxton defeats incumbent Senator John Cornyn in a Republican primary upset, signaling a MAGA-aligned shift in the party.
Senate
Senate Advances Resolution to Limit Trump's Iran War Powers
Senate Takes Historic Step on Iran War Powers The US Senate has advanced a resolution to limit President Trump’s military action authority against Iran, marking the first time the chamber has moved on such a measure. Four Republican senators broke ranks to support the resolution, highlighting growing intra-party divisions over Iran policy. Key Developments: The Senate voted to take up legislation that would force Trump to end military operations in Iran Louisiana Republican Senator Bill Cassidy flipped to support the measure This is the first attempt by Congress to legislatively constrain presidential war powers regarding Iran Political Significance: ...
[Brief] Crypto Market Structure Bill Faces Major Hurdles Despite Senate Committee Win
TD Cowen raised the bill’s passage probability to 40% from 33%, but Benchmark says the Clarity Act needs more Democratic support to advance.
Gunfire Erupts in Philippine Senate as Police Attempt to Arrest Senator
Gunfire erupted in the Philippine Senate building on May 13 as police attempted to arrest a senator, triggering a lockdown. All personnel were ordered to remain in safe areas. The incident shocked Philippine politics. The targeted senator faces multiple charges, and armed resistance was reported during the arrest attempt. Heavy police reinforcements were deployed to the area following the exchange. Casualties remain unconfirmed. The presidential palace has not issued an official statement. Analysts warn the incident could intensify political tensions within the Philippines. ...
[Flash] Senate Banking Committee Sets Date for Sweeping Crypto Legislation Vote
[Flash] Senate Banking Committee Sets Date for Sweeping Crypto Legislation Vote The US Senate Banking Committee has announced it will hold a markup hearing vote on comprehensive crypto market structure legislation. This marks the committee’s second attempt to advance the bill, signaling a critical phase in the development of US crypto regulatory framework. Markets expect the legislation to have significant implications for the cryptocurrency industry once passed. Source: CoinDesk, The Block ...
Sherrod Brown Wins Democratic Senate Nomination in Ohio
Veteran Senator Sherrod Brown won the Democratic Senate nomination in Ohio, setting up a key battleground Senate race.