
Inside Trump's 20-hour play to win over stubborn Republicans on Big Beautiful Bill including signed MAGA swag
Joe Wilson (R-S.C.), a member of the House Armed Services Committee, was sporting a custom ring on the big day with a golden image of the president's face as he cast his vote for the mega-bill that extended Trump's 2017 tax cuts.
With Wilson's help, the massive bill passed 218-214 after a pressure campaign by Trump and congressional leaders kept lawmakers working overnight.
'It's gold Donald Trump on silver. You don't see it every day,' Wilson told the Daily Mail about the special jewelry he wore for the occasion. 'One of my staff was kind enough to get it for me,' he explained.
Wilson's vote wasn't considered up for grabs, which may be why his staff came up with its own special Trump swag.
For the about a dozen of other lawmakers who were wavering, the president applied his famous fear tactics – as well as a charm and even an array of signed swag – to get Republicans to push the mammoth bill across the finish line.
That came despite polls showing the underwater and even some people who voted for it warning about steep cuts to Medicaid or fretting about the estimated $3 trillion it's estimated to tack onto the national debt.
Tim Burchett (R-Tenn.) testified to Trump's salesmanship in a video he posted of himself leaving the White House after conservative House Freedom Caucus members who were wavering met with the president.
'The president was wonderful, as always,' Burchett gushed. 'Informative, funny, he told me he likes seeing me on TV, which was kind of cool.'
Then Rep. Byron Donalds of Florida, a Trump loyalist who was walking with him, asked: 'Did you show them what he signed for you?'
'Yeah, he signed a bunch of stuff,' Burchett responded, downplaying it. 'It's cool.'
Agriculture Secretary Brooke Rollins also poured on the charm when she ran into Burchett outside the White House, offering a hug and asking: 'Are we getting it done?'
'Yes m'am,' he replied, before adding, 'I'm a happily married man.' The video also shows Burchett gripping a gold challenge coins of the kind Trump doles out, as he did to an African reporter he called 'beautiful.'
'Donald Trump absolutely was our closer, and Donald Trump never stopped,' said House Majority Whip Rep. Steve Scalise (R-La.), whose own role is to line up support for legislation on the Floor. 'Every day [he] was there in the fight [asking] "Who do I need to call? What do I need to do?"'
Scalise said no president was 'more directly engaged.'
'President Trump was in the Oval Office making phone calls to just about everybody in the House,' said Trump's economic advisor Kevin Hassett.
There were also threats, including some delivered in public.
'For Republicans, this should be an easy yes vote. Ridiculous!!!' Trump wrote in all-caps on his Truth Social site. 'MAGA is not happy, and it's costing you votes!!!' he wrote in another.
Not all of his persuasive tactics resulted in votes. Trump golfed this past weekend with ally Sen. Lindsey Graham but also Kentucky Sen. Rand Paul, one of three Senate Republicans who voted against the bill.
(Victory came in the Senate after leaders offered a series of concessions to Alaska Sen. Lisa Murkowski, who nevertheless wrote that 'This bill needs more work' and 'this has been an awful process' with a 'frantic rush to meet an artificial deadline.')
Trump has notably avoided railing against Paul, even while vowing to primary Rep. Thomas Massie (R-Ky.), who Trump rips as a 'grandstander' and who also opposed the bill.
Just two House Republicans, Massie and Pennsylvania Rep. Brian Fitzpatrick, voted against the bill.
That comes even as fellow Republicans who had wavered ultimately got behind it.
That includes New Jersey GOP Rep. Jeff Van Drew, who had raised concerns that limits on health care provider taxes in his state could and up sapping critical resources for Medicaid.
'I couldn't vote for it that way,' he said, because it would have devastated how the state operates. He said he worked with President Trump directly and got a change incorporated in a final 'wrap-around' amendment.
He said he was trying to persuade some of his own colleagues with the misguided view that 'Medicaid was for lazy people.'
'We addressed that, okay? But the bottom line is it's working people, it's disabled people, it's nursing homes, senior citizens, a whole array of people.'
Now that the bill is through Congress, Van Drew acknowledged that the fight now becomes a PR battle – with pre-vote polls showing support for Trump's 'big, beautiful bill' is underwater, and a potential risk for Republicans in the 2026 elections. A nonpartisan Congressional Budget estimate said the bill would cut Medicaid by $1 trillion and could cause nearly 12 million people to lose health insurance coverage.
'So the bottom line is, yes, so now this changes from the bureaucratic public policy process into a policy of who's going to be a better mouthpiece? Who's going to articulate the political sense of the ramifications of this bill better? Are you going to be able to emphasize the tax cuts .. So if we articulate that well, if we sell it well, if we talk about we're still maintaining the safety net, then I think we'll be okay.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Reuters
35 minutes ago
- Reuters
US SEC's guidance is first step toward rules governing crypto ETFs
July 7 (Reuters) - New U.S. Securities and Exchange Commission guidance on disclosure requirements for exchange-traded products tied to cryptocurrencies marked the first step toward approval of dozens of applications for ETFs linked to everything from Solana and XRP to President Donald Trump's eponymous meme coin. The guidance, issued last Tuesday, signaled a dramatic shift by Republican leadership in how the top U.S. markets regulator deals with the crypto sector. The SEC has launched a task force to draft new regulations, refocused its crypto enforcement team and paused or altogether walked away from high-profile enforcement cases that many thought the agency was winning. The 12-page document is the first part of the new landscape for crypto funds that SEC staff members are designing. Asset managers also anticipate guidance from the SEC's division of trading and markets on ways to streamline the application process, said people familiar with the discussions. This should accelerate the pace for new product debuts. "The SEC is moving forward on creating a framework for how they'd like to see all these crypto assets included in investment funds" to address the "explosion" in the number of ETFs now awaiting a regulatory verdict, said Sui Chung, CEO of crypto index provider CF Benchmarks. Industry participants said they saw few surprises so far. "The most interesting and important thing about this guidance is that it exists," said Matt Hougan, chief investment officer of Bitwise Asset Management, which has more than half a dozen crypto ETFs awaiting SEC approval. "It suggests that the SEC acknowledges that crypto ETPs are becoming part of the mainstream and so it's trying to lay down rules of the road to save both issuers and SEC staff time and hassle." The SEC guidance spells out that in order to be approved, issuers must clearly address, in "plain English", all factors that make crypto-based ETFs distinctive, such as custody arrangements and risks of the hyper-competitive landscape. The next document, however, is likely to prove more significant. According to several people familiar with the ongoing discussions, who could not speak publicly due to the confidentiality of those proceedings, the SEC staff is seeking to create a new listing template to replace the current need for exchanges to submit a special form each time they want to list a new crypto product. That form, known as a 19(b)4, asks for an exemption from current listing rules for the specific ETF. Eliminating that from the process could cut the time between filing and launch dates from as much as 240 days to only 75 days. "The SEC is looking for a general rule it can apply to all listings, and currently is going back and forth on precise wording with the exchanges," said a senior executive at one issuer, who added he expected that exchanges will submit that kind of general filing within "days or weeks." Officials at the Nasdaq Stock Market and Cboe declined to comment on these talks; the New York Stock Exchange did not respond to requests for comment. A spokesperson for the SEC also declined comment on the discussions. While ETFs tied to the spot prices of everything from coins like XRP, Polkadot, Dogecoin and the Trump meme coin await an SEC verdict, issuers expect the next batch of crypto products will be tied to Solana, the world's sixth-largest cryptocurrency. That likely will not happen until after the SEC has rolled out the second part of its guidance, pushing the launch date into early autumn, issuers said. Some asset managers are not waiting. Last week, REX Financial and Osprey Funds used a more indirect and complex approach to launch the first U.S. ETF to give investors exposure to Solana, the REX-Osprey Sol + Staking ETF (SSK.Z), opens new tab. In contrast to the half-dozen spot Solana ETFs awaiting approval, it invests in a separate entity that in turn will own both Solana and a non-U.S. Solana fund. That structure means REX can bypass the rules governing those commodity funds and leapfrog other issuers, as well as offering investors access to yield via the cryptocurrency "staking" mechanism. In staking, cryptocurrency holders volunteer to take part in validating transactions on the blockchain, checking that the ledger all adds up. In return, validators either receive a share of the transaction fees or newly created cryptocurrencies. "We do think the SEC is taking big steps forward in dealing with cryptocurrency, but it's still the SEC, and not everything has been codified yet," Greg King, CEO of REX Financial, told Reuters. King acknowledged he is trying to get a head start on what is expected to be a fiercely competitive race for market share on new Solana products. The new ETF pulled in $12 million of assets on its first day of trading on Wednesday, July 1, King said. "We'll probably do a spot Solana ETP too, once those rules are in place," he added. "There's no either/or in this situation."


BreakingNews.ie
42 minutes ago
- BreakingNews.ie
Trump seeks to pressure trading partners to make deals before tariffs deadline
The Trump administration is stepping up pressure on trading partners to make new deals before a Wednesday deadline, with plans for the US to start sending letters warning countries that higher tariffs could begin on August 1. That furthers the uncertainty for businesses, consumers and America's trading partners, and questions remain about which countries will be notified, whether anything will change in the days ahead and whether President Donald Trump will once more delay imposing the rates. Advertisement Mr Trump and his top trade advisers say he could extend the time for deal-making but they insist the administration is applying maximum pressure on other nations. Kevin Hassett, director of the White House National Economic Council, told CBS's Face The Nation on Sunday that Mr Trump would decide when it was time to give up on negotiations. 'The United States is always willing to talk to everybody about everything,' Mr Hassett said. 'There are deadlines, and there are things that are close, so maybe things will push back past the deadline or maybe they won't. In the end the president is going to make that judgment.' Stephen Miran, the chairman of the White House Council of Economic Advisers, likewise said countries negotiating in good faith and making concessions could 'sort of, get the date rolled'. Advertisement The steeper tariffs that Mr Trump announced on April 2 threatened to overhaul the global economy and lead to broader trade wars. A week later, after the financial markets had panicked, his administration suspended for 90 days most of the higher taxes on imports just as they were to take effect. The negotiating window until July 9 has led to announced deals only with the United Kingdom and Vietnam. Mr Trump imposed elevated tariff rates on dozens of nations that run meaningful trade surpluses with the US, and a 10% baseline tax on imports from all countries in response to what he called an economic emergency. There are separate 50% tariffs on steel and aluminium and a 25% tariff on vehicles. Since April, few foreign governments have set new trade terms with Washington as the Republican president demanded. Advertisement Mr Trump told reporters on Friday that his administration might be sending out letters as early as Saturday to countries spelling out their tariff rates if they did not reach a deal, but that the US would not start collecting those taxes until August 1. On Sunday, he said he would send out letters starting Monday — 'could be 12, could be 15' — to foreign governments reflecting planned tariffs for each. 'We've made deals also,' Mr Trump told reporters before heading back to the White House from his home in New Jersey. 'So we'll get to have a combination of letters, and some deals have been made.' He and his advisers have declined to say which countries would receive the letters. Advertisement Treasury Secretary Scott Bessent rejected the idea that August 1 was a new deadline and declined to say what might happen on Wednesday. 'We'll see,' Mr Bessent said on CNN's State Of The Union. 'I'm not going to give away the playbook.' He said the US was 'close to several deals' and predicted several big announcements over the next few days. He gave no details. 'I think we're going to see a lot of deals very quickly,' Mr Bessent said. Advertisement


Reuters
an hour ago
- Reuters
Molina Healthcare lowers annual profit forecast on medical cost pressures
July 7 (Reuters) - Molina Healthcare (MOH.N), opens new tab on Monday lowered its annual adjusted profit forecast due to medical cost pressures, sending the health insurer's shares down about 4% in premarket trading. Higher expenses tied to patient claims in government-backed Medicare plans for older adults and changes in enrollment to Medicaid plans for people with low income have been hurting insurers. Molina now sees annual adjusted profit per share to be between $21.50 and $22.50, compared with at least $24.50 per share expected previously.