Quite the coincidental moment just now with Elizabeth Warren and Tim Scott: I asked Warren how she feels about Scott’s involvement in the housing bill negotiations (Scott is known to not chat in the halls with reporters). As she starts to say he’s a “terrific partner,” Scott himself walks by. “There he is! I'll say that again: Chairman Scott has been a terrific partner who cares about getting housing for our families all across this country,” Warren said. Scott thanks her and says, “Everybody can win, that’s what we care about.”

New w/@MJBologna: State and local tax agencies want to block a privacy provision in federal air safety legislation that would limit use of aircraft tracking data for audits/revenue collection, casting it as a tax shelter for owners of private jets news.bloombergtax.com/daily-…

Sarah McBride: “Congress’ top bathroom sheriff, Nancy Mace, was on the ballot. And while all of the votes have not yet been counted, she’s in a respectful 5th place. I don’t like to punch down and I believe in the politics of grace, so I’ll just say, Happy Pride, Nancy.”

NANCY MACE concedes in the South Carolina Republican race for governor, and immediately endorses Alan Wilson for governor. She says the two have "buried the hatchet." "This isn't the end of the fight, but it is the end of a chapter," she says. #scpol #chsnews #scgovrace

🚨🚨 @SenMcConnell at an Air Force appropriations hearing: "I think it's safe to conclude there will not be another reconciliation bill. So it's really not an option." Senate Appropriations Chair @SenatorCollins: "I agree with that assessment."

A bipartisan push for a new electric vehicle fee to support the Highway Trust Fund is forming unlikely allies: climate hawks and anti-tax groups news.bgov.com/bloomberg-gove…

Our heroes are back and Brigitte was here to welcome them!

Democrats tried to undercut the Trump administration’s glossy economic picture during a hearing with Treasury Secretary Scott Bessent Thursday 👇🏼 news.bgov.com/bloomberg-gove…

“I need it dead, dead,“ said Sen. John Curtis. ICYMI - Some Senate Republicans are criticizing an agreement giving President Trump audit immunity, something that's gotten renewed attention after the White House abandoned an “anti-weaponization” fund. buff.ly/QCJiw8e

From me, @ReporterCioffi: Capitol Hill tax staff haven’t ruled out an end-of-year bipartisan tax package, even as Republicans race against the clock to finish reconciliation 2.0 news.bgov.com/bloomberg-gove…

Democrats have reintroduced bills to rein in legal tax avoidance strategies used by wealthy Americans, including tax breaks for certain trusts. The tax-planning industry is pushing back, with some arguing that existing regulations are sufficient. buff.ly/vs3uJ1U

Senate Republicans hit a stalemate over funding for Trump’s White House ballroom and a $1.8 billion account to pay allies alleged to be victims of government “weaponization,” a dramatic setback for the president bloomberg.com/news/articles/…

New - Rep. Mike Thompson called for a markup on his bill that would tax any distribution received from the Trump $1.8 billion fund at 100% during remarks at the committee hearing on benefits of the 2025 tax-and-spending law.

ICYMI: the House passed legislation by voice vote yesterday that gives taxpayers more time to file refund claims during disputes with the IRS, and expands the US Tax Court’s jurisdiction in such cases news.bgov.com/bloomberg-gove…

BREAKING NEWS: PRESIDENT DONALD TRUMP is expected in Rep. MIKE LAWLER'S district with the congressman this Friday for an official event on the economy, according to multiple sources familiar with the planning.

NEW - Ways and Means is planning to markup health bills Thursday, though the panel axed consideration of a bill that would have increased scrutiny of nonprofit hospitals @victoriaregisk has the scoop - buff.ly/Jvl9Qd1

NEW: Democrats asked a court to block the settlement between IRS and President Donald Trump over a leak of his tax information during his first term, saying it lacks the bare minimum required to file a lawsuit: two opposing parties. buff.ly/vRfRlif

All eyes have been on South Carolina for the past few days. These are the folks who show up at the Statehouse every day to make sure y'all know what's happening.

With @JonathanTamari, @MaeveSheehey: Speaker Mike Johnson called suspending the federal gas tax “an intriguing idea," while Sen. John Thune said he's willing to hear the president out but is skeptical if benefits get passed on to consumers. news.bgov.com/bloomberg-gove…

Sen. John Cornyn said he could now support a temporary federal gas tax holiday to bring down gas prices hours after President Donald Trump said he wanted to suspend the gas tax. He'd previously been skeptical of the idea, @maconatkinson writes. buff.ly/cwqlGT8