A new era is underway at the Federal Reserve — but not everyone is cheering. Anna and Jake break down today’s expected rate cut, the unusual dual role of Stephen Miran and the high-stakes fight over Lisa Cook’s future at the Fed.
Plus: Democrats are rolling out their counteroffer in the government funding showdown. Can it change the shutdown math?
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12:29
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12:29
Johnson's to-do list for Tuesday
Congress is barreling toward another shutdown fight — and Speaker Mike Johnson faces his toughest test yet. Can he rally his conference behind a short-term funding bill before time runs out? Anna and Jake break down Johnson’s cautious approach, Trump’s unpredictable role, and the new political incentives shaping GOP hardliners.
Plus: Why the Senate might skip the NDAA again, and what’s driving Democrats’ Obamacare subsidy push as open enrollment nears.
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12:45
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12:45
Congress is barreling toward a shutdown
Washington is just over two weeks away from a possible government shutdown, with both parties digging in and no clear path forward. Anna and Jake break down the latest on government funding.
Plus: Joe Manchin’s new book and “revenge tour” taking aim at top Democrats, and a look at House Minority Leader Hakeem Jeffries’ big fundraising push in California as redistricting battles heat up.
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12:40
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12:40
The Readback: Millsmentum builds in Maine
Max and Ally discuss how Senate Democratic leaders are closer than ever to landing Maine Gov. Janet Mills, their top recruit to take on GOP Sen. Susan Collins in 2026. This story was featured in The Readback, our weekend digest featuring the best of Punchbowl News this week.
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13:13
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13:13
Thune on FOD: Dems want a shutdown
Anna and Jake discuss their wide-ranging Fly Out Day conversation with Senate Majority Leader John Thune. Thune weighed in on the looming government shutdown, Obamacare subsidies, tariffs and more.
Plus, we break down what the Senate’s “nuclear” fight means for nominations — and the latest on Maryland Democrats’ redistricting debate.
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Weekday mornings, The Daily Punch brings you inside Capitol Hill, the White House and Washington for an unfiltered look at the key players and stakes of all major issues of the day. Power. People. Politics. Hosted by Punchbowl News founders, journalists and best-selling authors Anna Palmer and Jake Sherman.
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