Trump Action Archive

Supporting reports

• Senate Clarity Act released with grandfathered exemption for Trump's existing crypto holdings — Senator Cynthia Lummis released a revised version of the Clarity Act on September 15, 2026, claiming it imposed meaningful ethics restrictions on President Trump's cryptocurrency activities. The 635-page bill prohibits "covered individuals" (including the President) from issuing or sponsoring new digital assets. However, an "Application" provision on the final page exempts all digital assets issued or sponsored before the legislation's effective date—including Trump's meme coin, World Liberty Financial token, and USD1 stablecoin—from the prohibition. The effective date can be delayed up to 360 days after enactment, potentially allowing Trump to issue additional grandfathered assets into 2027.

Supporting reports

• Office of the Comptroller of the Currency approved bank charter for World Liberty Financial — Late Friday night, the Office of the Comptroller of the Currency approved a preliminary charter for World Liberty Financial (WLF), a cryptocurrency venture launched by the Trump family and close allies the Witkoff family, to become a bank. The charter permits WLF to issue USD1, a stablecoin, and to manage customer assets and settle payments. Reuters reports WLF had funneled more than $1.6 billion to Trump and his family as of April 2026.
• Office of the Comptroller of the Currency approved Trump family crypto business banking charter — The Office of the Comptroller of the Currency, led by Trump appointee Jonathan Gould, announced conditional approval for World Liberty Financial—a crypto venture controlled by the Trump family—to receive a banking charter. This will allow WLF to issue stablecoin tokens inside the U.S. without an intermediary. Trump made $65 million in 2025 selling WLF shares and nearly $600 million selling stablecoins through the venture, according to financial disclosures.

Supporting reports

• Republicans attempt to pass significant budget bill — Republicans in Congress attempted to advance a budget measure dubbed “One, Big, Beautiful Bill,” which aimed to extend Trump’s tax cuts at a projected cost of $4.6 trillion over ten years while raising the debt ceiling by $4 trillion. The bill faced opposition and ultimately failed to advance out of the House Budget Committee.
• House Budget Committee passes bill in late-night session — The House Budget Committee passed a budget bill after a late-night session, with some members who previously voted 'No' changing their votes to 'Present.' The bill is set to face further scrutiny in the Rules Committee.
• Republicans criticized for scheduling votes at odd hours — Several Democratic representatives criticized Republicans for scheduling votes on significant legislation during late-night hours, suggesting a lack of transparency and public engagement in the legislative process.
• House Committee Advances Trump’s Tax Cut Bill — On May 18, 2025, a key House committee passed a tax cut and border security package, known as the One Big Beautiful Bill Act, after reaching an agreement with far-right Republicans who had previously stalled its progress. The bill, which aims to extend tax breaks from Trump's first term and increase spending on border security, faces challenges in the full House due to potential opposition from moderates concerned about cuts to climate incentives and healthcare programs. The bill's passage is crucial for Republicans, who need to unite their party to pass it before the Memorial Day deadline.
• House Budget Committee Passes Controversial Bill — The House Budget Committee passed a bill referred to as the “Big, Beautiful Bill” on a party-line vote, with 17 Republicans in favor and 16 Democrats against. The bill includes cuts to Medicaid and extends tax cuts for the wealthy, which the Congressional Budget Office estimates will significantly increase the federal deficit. House Speaker Mike Johnson indicated minor modifications would be made, while critics argue the bill is being rushed through Congress without adequate scrutiny.
• House Republicans schedule procedural vote on Trump's bill — House Republicans have scheduled a procedural vote for 1am on Wednesday to advance President Trump's "One Big Beautiful Bill Act," which aims to enact his taxation and immigration priorities. The bill includes making permanent or extending tax cuts, ending taxation of tips and overtime, funding a border wall, and mass deportations. It proposes slashing federal safety net programs like Medicaid and SNAP to offset costs, which has caused division among Republicans. The bill's passage is crucial for Trump, but it faces opposition from some lawmakers concerned about its impact on Medicaid and the SALT deduction.
• House Rules Committee to Consider Omnibus Bill — The House Rules Committee is scheduled to meet on May 21, 2025, to discuss a 1,116-page omnibus bill proposed by Republicans that aims to implement significant parts of former President Trump's agenda, including cuts to Medicaid and increased logging on public lands. The bill is being advanced through a budget reconciliation process, which allows it to pass with only Republican votes in the Senate. However, there is notable division among Republicans regarding the proposed Medicaid cuts, which are unpopular among constituents.
• House passes Budget Reconciliation Bill — The House of Representatives passed the Budget Reconciliation Bill by a narrow margin of 215-214, with two Republicans voting against it and one voting present. The bill's passage is significant as it will now move to the Senate, where Republican opposition is anticipated.
• Congressional Republicans pass the One Big Beautiful Bill Act — Congressional Republicans narrowly passed the One Big Beautiful Bill Act with a 215-214 vote. The bill aims to permanently extend tax cuts from Trump's first term and introduce new deductions for working-class families, but these benefits will expire in 2028. The bill also includes cuts to social safety net programs, potentially affecting millions of poor and disabled Americans. The legislation is expected to add $3.4 trillion to the deficit by 2034. It now moves to the US Senate for further consideration under the budget reconciliation procedure, which limits Democratic influence.
• House Passes Trump's "One Big Beautiful Bill" Act — The House of Representatives, controlled by Republicans, passed the "One Big Beautiful Bill" act, which enacts President Donald Trump's taxation and spending priorities. The bill includes making permanent the tax cuts from Trump's first term, increasing the standard deduction, and introducing new tax write-offs. It also allocates significant funds for mass deportations and border wall construction, imposes new fees on immigrants seeking asylum, and restricts federal courts from enforcing certain contempt citations. Additionally, it cuts funding for Medicaid and SNAP, phases out green energy incentives, and raises the debt ceiling by $4 trillion. The bill now awaits consideration in the Senate.
• House Passes Trump's Tax Bill — On May 22, 2025, the House of Representatives narrowly passed a tax bill championed by Donald Trump, known as the One Big Beautiful Bill Act. This legislation aims to make permanent the tax cuts established in 2017, which primarily benefit wealthy Americans and corporations. The bill also includes cuts to government assistance programs like Medicaid and SNAP, and ends clean energy tax credits. The bill is expected to cost the federal government $4.6 trillion in lost revenue over the next decade, while saving $1 trillion through reduced spending on assistance programs.
• House passes Trump's tax-and-spend bill — On May 22, the House of Representatives narrowly passed a tax-and-spend bill, which extends Trump's 2017 tax cuts and makes significant spending reductions, particularly in Medicaid and food assistance programs. The bill passed without any Democratic support and has been criticized for potentially increasing the national debt by $2.4 trillion over the next decade. The Congressional Budget Office (CBO) analysis indicates that the bill would leave 10.9 million more Americans uninsured by 2034. The bill now moves to the Senate, where modifications are expected.
• House passes Trump’s sweeping tax-cut bill — The House of Representatives passed a major tax-cut bill, known as the One Big Beautiful Bill Act, which aligns with Donald Trump's tax and spending priorities. The bill, passed by a narrow margin of 215-214, includes provisions for tax cuts for individuals and corporations, funding for a border wall, and new work requirements for Medicaid and SNAP. It is expected to add $2.3 trillion to the deficit. The bill now moves to the Senate, where Republicans aim to pass it by July 4th.
• House Committee Advances Bill with Steeper Medicaid Cuts — After extensive debate, the House Rules Committee agreed to advance The One Big, Beautiful Bill, which includes steeper cuts to Medicaid to gain support from far-right Republicans. These cuts are expected to leave at least 9 million people without healthcare coverage, reflecting a significant shift in healthcare policy.
• House of Representatives passes Republicans' megabill — The House of Representatives passed a significant bill by a vote of 215 to 214, with all Democrats and two Republicans voting against it. The bill includes substantial cuts to healthcare and nutrition assistance, with the Congressional Budget Office estimating that it will result in over 2.7 million households losing benefits. The bill now moves to the Senate for consideration.
• House Rules Committee Begins Hearing on The One Big, Beautiful Bill — The House Rules Committee commenced a hearing on a budget bill dubbed The One Big, Beautiful Bill, which includes significant restrictions on federal courts' authority to hold government officials in contempt for violating court orders. This bill also proposes a $3.8 trillion extension of tax cuts from 2017, primarily benefiting the wealthy and corporations, while cutting federal healthcare and food assistance programs, potentially leaving millions without coverage. The committee moved the bill forward after 22 hours of debate, aiming for a swift vote in the House.
• House Republicans Pass Bill Cutting Medicaid and Medicare — In a late-night session, House Republicans passed a bill that could remove 8 million people from Medicaid, cut Medicare spending, and add $4 trillion to the national debt. The bill also includes tax cuts for the wealthy and funds for the border wall.
• Congressional Budget Office Reports on Impact of Proposed Bill — The Congressional Budget Office (CBO) reported that the proposed budget bill will add $2.3 trillion to the federal deficit over the next ten years and will trigger cuts to Medicare due to the Pay-As-You-Go law. These cuts, limited by law to 4%, are expected to total approximately $490 billion from 2027 through 2034. The CBO's findings highlight the bill's potential negative impact on low-income Americans and the healthcare system.
• Proposed Cuts to Supplemental Nutrition Assistance Program — The proposed budget bill includes cuts of about 30% to the Supplemental Nutrition Assistance Program (SNAP), which would be the largest cut in the program's history. This reduction is projected to cut approximately $300 billion from the program through 2034, affecting over 40 million people, including children and seniors.
• House passes Trump’s budget bill with significant cuts — The House of Representatives passed a budget bill that extends tax cuts for individuals and corporations while implementing funding cuts and new work requirements for Medicaid and the Supplemental Nutrition Assistance Program (SNAP). These changes are expected to bar millions from receiving essential benefits, raising concerns among affected workers and advocates. The bill also includes funding for a border wall and facilities for mass deportations.