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The Daily Punch

Will reconciliation hit the House floor today?

The Daily Punch

Punchbowl News

Politics, News, Government

4.6 • 666 Ratings

🗓️ 21 May 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

The House Rules Committee is in session, preparing the GOP’s reconciliation bill for floor consideration. Will Speaker Mike Johnson pull off a rule vote today? Plus, Senate Majority Leader John Thune is diving into one of the most controversial procedural fights in years. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.8

Presented by the Electronic Payments Coalition.

0:04.0

Big grocery chains are lying to you.

0:06.2

They blame credit cards for their price increases, but credit card interchange rates haven't

0:10.5

increased in a decade.

0:12.4

What has gone up?

0:13.6

Big grocery store prices.

0:15.5

The FTC says mega retailers used the pandemic to raise prices and pad their pockets.

0:21.5

The Durban Marshall Credit Card mandates help grocery stores profit more at your expense.

0:26.8

Tell Congress, oppose the Durban Marshall Credit Card bill. Good morning. I'm Jake Sherman and welcome to The Daily Punch, brought to you by Punch Bowl News.

0:46.5

It is Wednesday, May 21st, 2025. Let's get into the mix. Here are your Washington headlines of the day.

0:52.4

Number one. A late night turns into an early morning and a big day for Mike Johnson.

0:56.8

Number two, John Thune defends his push to block California's climate waivers.

1:01.0

And number three, Democrats wait on Janet Mills in Maine.

1:04.8

Let's get into it.

1:06.6

Well, you're probably listening to this in the morning, if our data is correct, and most people

1:13.0

do listen to this in the morning, which I hope they do. And the House Rules Committee is meeting.

1:17.4

The House Rules Committee prepares the reconciliation bill and any bill, for that matter,

1:21.0

for the House floor. And the House Rules Committee started at 1 o'clock in the morning,

1:36.8

and they are as of 515, when I'm recording this a little bit later than usual, they are hearing testimony from the second panel of committee chairs.

1:41.9

The first panel was oversight, budget, armed services, and financial services.

1:46.3

That ended just before 4.30 in the morning. And the second panel includes top lawmakers on Homeland Security, Judiciary, Natural Resources, and TNI, transportation,

1:52.3

and infrastructure. Third panel is the big one, ag, energy and commerce, ways and means, and ed in the

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