Government Relations Updates
This week saw a contentious budget hearing between the Committee of the Whole and the School District of Philadelphia on tax-related bills. It will be a busy few weeks for Council and the Mayor as budget hearings continue. The PA General Assembly held voting sessions this week and passed several bills. We break all the most important political moves down in our Bulletin.
The Bellevue Compass
This week, we broke down a fractured FISA fight, Graham's $70B reconciliation blueprint, and a looming farm bill battle—all as Congress hits a near-historic 10% approval rating.
In Case You Missed It
NATO says there is no provision for member states to be suspended or expelled from the military alliance after a report said the US could seek to suspend Spain over its Iran war stance, according to the BBC.
The Justice Department has ceased its probe into the Fed’s extensive building renovations and Federal Reserve chair Jerome Powell on Friday, likely clearing the way for the confirmation of Trump’s pick, Kevin Warsh.
The Justice Department announced today that it is moving to ease restrictions on state-licensed medical marijuana, opening the door for more research and treatment options, according to NBC.
The impact of AI layoffs is being felt at Meta, which reported that it will cut 10% of its workforce—roughly 8,000 jobs—and will not fill thousands of open positions.
Go Phillies! ⚾️
See you next week!
The Bellevue Team