Heard on the Hill
What we're hearing from people we trust on and around the Hill
MAKING WAVES: The reviews are in — Republican officials LOVED the Washington Reporter taking the New Media Seat during today’s White House press conference! Check out Matthew Foldi’s expert journalism here.
AI CAN DIG IT: The Republican Study Committee (RSC) rolled out its Emerging Technologies Task Force, which will be helmed by Rep. Kat Cammack (R., Fla.) and Rep. Jim Obernolte (R., Calif.). The duo praised NVIDIA’s announcement that it will build AI supercomputers entirely on U.S. soil for the first time, which could produce $500 billion of domestic AI infrastructure over just four years. Rep. August Pfluger (R., Texas), who chairs the RSC, added his excitement “about the ripple effects this investment will have across the Lone Star State’s thriving tech corridor, where we're already seeing unprecedented growth in high-skill jobs and innovation hubs.”
DUOPOLY MONEY: Former House Financial Services Committee and House GOP Conference chair Jeb Hensarling (R., Texas) is out this morning with a new piece in Bloomberg warning of the threat and undue influence of the proxy advisory duopoly. The piece comes on the heels of a House Judiciary Committee antitrust probe of the two big proxy advisors, ISS and Glass Lewis, and the confirmation of SEC chair Paul Atkins, who has previously expressed concerns about proxy advisors.
SHOTS FIRED: Meta is raising eyebrows within the Trump administration for their attacks on FTC chairman Andrew Ferguson. Sources point out that Trump is still skeptical of Meta because of their censorship around the 2020 election and January 6th.
MORE MONEY, FEWER PROBLEMS: Polling conducted in support of the Senate Republican Conference shows that the majority of Americans are in favor of making the Trump 2017 tax cuts permanent, countering a Democratic argument that the tax cuts are only supported by wealthy Americans and corporations.
TAX DAY AND TCJA: The Republican Study Committee (RSC) is making the most of Tax Day, to stress the importance of making “President Trump's Tax Cuts and Jobs Act permanent.” Rep. August Pfluger (R., Texas) warned that “should Democrats succeed in allowing these tax cuts to expire, Americans will face massive tax increases and risk losing hundreds of thousands of jobs,” and Rep. Beth Van Duyne (R., Texas), the RSC’s Budget Task Force Chair, added that Trump’s tax cuts “will work alongside our efforts to slash federal regulations and bureaucracy to empower economic expansion and financial security for the American people and our job creators.”
TCJA BACKUP: Americans for Prosperity (AFP) is also leveraging Tax Day to continue what it calls its “largest commitment by any group to support President Trump’s pro-growth tax cuts.” AFP’s managing director Kent Strang noted that “after four years of Bidenomics reckless spending that drove inflation to 40-year highs, raising prices more
