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The Latest Breaking News from SD

Soybeans Showing Fractional Gains on Tuesday

Soybeans are trading with fractional gains at Tuesday’s midday. The cmdtyView national average Cash Bean price is up 1/2 cents at $10.65 ¾. Soymeal futures are up $1.60 to $2.30, with Soy Oil futures back down 30 to 52 points. Crop Progress data from NASS showed 93% of the US...

Barchart

Wrapup: Senate hits spy powers snafu

Senators moved ahead with a bipartisan housing bill this week, paving the way for a final vote once they return from the Juneteenth long weekend. But on another topic, they seemed to go not forward, but back. President Donald Trump sent negotiations to renew a lapsed spy power authority back…

Roll Call

Senators want a briefing as Trump touts Iran ‘deal’

President Donald Trump used a press conference at the end of the G7 summit Wednesday in France to laud a war-ending pact with Iran, as senators back home criticized a lack of information about the deal and questioned his declaration the previous day that U.S. relations with Iran are “normalized.”…

Roll Call

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Trump upends Senate path on surveillance authority

President Donald Trump on Wednesday complicated Senate Republican plans to quickly revive a key surveillance authority, delaying a scheduled confirmation hearing for Jay Clayton and pressing for the inclusion of a controversial voter ID measure. Trump, in an early morning social media post, said he was “cancelling” the hearing for…

Roll Call

Housing deal in hand, revised bill cruising toward passage

Senate and House leaders agreed Tuesday to a final version of comprehensive housing legislation that they believe will pass the Senate this week and the House next week, landing on the president’s desk for his expected signature. The deal puts the chambers within reach of concluding almost a year of…

Roll Call

Democrats rebuff Trump pitch on surveillance authority

Senate Democrats appeared ready to reject President Donald Trump’s request for a short-term extension of a key surveillance authority Wednesday, arguing the president’s promise to eventually find a permanent intelligence head wasn’t good enough. The action deepened a legislative standoff over Section 702 of the Foreign Intelligence Surveillance Act, which…

Roll Call

Soybeans Bouncing on Wednesday Morning

Soybeans are trading with 5 to 7 cent gains early on Wednesday. Futures were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. Open internet was down 6,156 contracts on Tuesday The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were...

Barchart

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Soybeans Slip Lower on Tuesday, with Meal Pressure

Soybeans were weaker on Tuesday, with contracts closing fractionally to 4 ¾ cents lower. The cmdtyView national average Cash Bean price was up 1/4 cent at $10.58. Soymeal futures were down $1.60 to $2.70 on the day, with Soy Oil futures mixed, from 35 points higher to 34 points lower....

Barchart

Surveillance reauthorization stuck amid Trump’s Pulte pick

Congress spent another day stalled on the renewal of a key surveillance authority Tuesday, as President Donald Trump declined to help clear a legislative path and instead dug in on his temporary choice in Bill Pulte as acting director of national intelligence. Lawmakers and the White House are sliding closer…

Roll Call

Pulte pick raises concerns about DNI independence

President Donald Trump’s pick of Bill Pulte to be the acting director of national intelligence got mixed reviews Tuesday on Capitol Hill, as some worried that the Trump ally may seek to weaponize the agency. Pulte, the director of the Federal Housing Finance Agency and chairman of Fannie Mae and…

Roll Call

Wrapup: Busy week ends in Byrd bath

Republican leaders in Congress scored some victories this week in nominations and appropriations but struck out on easily advancing their partisan “reconciliation 2.0” proposal to fund immigration enforcement. The bill faces a hurdle in the form of the Senate Parliamentarian, who on Thursday evening advised that several provisions violate the…

Roll Call

Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism

Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.

Fortune

GOP emerges from ‘hell week’ with deep divisions between Senate and House

During the final vote to close out the House’s “hell week,” a handful of Republicans had a message for the Senate: You’re responsible for the “suffering” agenda. Standing on the steps outside the Capitol on Thursday, House Freedom Caucus members loudly aired their grievances with the Senate. Republicans there have…

Roll Call

Congress clears short-term FISA extension

The House on Thursday passed a short-term extension of a key surveillance power, sending it to the White House just hours before it is set to expire at midnight. The bill, which would extend Section 702 of the Foreign Intelligence Surveillance Act through June 12, passed amid bitter disagreements over…

Roll Call

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Funding bill to end Homeland Security shutdown signed into law

President Donald Trump signed a bill funding most of the Department of Homeland Security within hours of it clearing the House on Thursday, effectively ending an 11-week partial shutdown. The bill, which the House cleared on a voice vote, funds all of the vast department — covering the Secret Service,…

Roll Call

House sends spy reauthorization bill to uncertain Senate fate

The House passed a renewal of a key surveillance power Wednesday, a day before its statutory authority expires, sending it to a Senate that appears unlikely to pass that version of it. The House, in a 235-191 vote that split members of both parties, approved legislation that would renew Section…

Roll Call

House overcomes floor hurdle on spy authority reauthorization

The House is expected to vote as soon as Wednesday afternoon on a measure to reauthorize a powerful surveillance tool for three years — a day before its statutory authority is set to expire — after Republican leadership muscled through a resolution that set the guidelines for floor debate. Congressional…

Roll Call

Budget resolution for immigration funds expected next week

Senate Republicans plan to release a budget resolution next week that would kick-start the process for a reconciliation bill on immigration enforcement funding and help end a partial shutdown of the Department of Homeland Security, lawmakers said Thursday. The party is aiming to provide about $70 billion in funding for…

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Roll Call

Trump’s Iran threats resonate even after ceasefire announcement

President Donald Trump may have backed down on his Tuesday threat to eliminate the “whole” Iranian civilization, but Democrats hope his social media posts triggered enough outcry to buoy them to a congressional majority and, possibly, lead to a push to impeach Trump for the first time this term and…

Roll Call

Trump threatens ‘whole civilization’ of Iran ‘will die tonight,’ drastically escalating war

President Donald Trump on Tuesday threatened to eliminate the “whole” Iranian civilization if its government did not meet his many demands, in a sharp escalation of his war with the Islamic Republic. In a morning post on his Truth Social platform, Trump sent more conflicting messages about his intentions and…

Axios

Mike Johnson will wait on holding a vote to fund DHS

The House speaker told his conference in a call Thursday he thinks the Senate could pass a narrow reconciliation package funding ICE and CBP within two weeks.

Roll Call

Senate tees up bill to end Homeland Security shutdown

The Senate took the first step Thursday in a GOP-backed plan to reopen the Department of Homeland Security, sending the House for a second time its bill to fund the department except for immigration enforcement. In an early-morning pro forma session, the Senate agreed, by voice vote, to table a…

Roll Call

Trump unites divided GOP leadership behind Homeland Security deal

President Donald Trump and GOP leaders united behind a plan Wednesday to end the record-breaking partial shutdown of the Department of Homeland Security, committing themselves to a two-track strategy that includes passing a reconciliation bill for immigration enforcement funding by June 1. With the shutdown stretching into its seventh week…

Roll Call

Trump intervenes to pay airport security workers amid standoff

President Donald Trump announced Thursday night he would immediately begin paying Transportation Security Administration workers through an emergency executive order. The order promised to end long delays at the nation’s airports and allow TSA workers to get paychecks they have been denied during a partial shutdown of the Department of Homeland…

Roll Call

Reconciliation bill preparations get underway despite doubts

Work on the second reconciliation bill of the 119th Congress took a baby step forward Wednesday as the House and Senate Budget Committee chairs met to review plans for the first step in the process: drafting a budget resolution. Despite considerable doubts among Republicans that they can unify for a…

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