House OKs budget framework for Trump’s ‘big’ bill after intense wrangling sways GOP holdouts
Conservative Republican Reps. Victoria Spartz of Indiana and Thomas Massie of Kentucky voted “no” against the bill, as did all Democrats.
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Lawmakers alter proposed advisory group on IPS and charter schools
Under the bill that advanced Wednesday, the group will develop a plan for the collaborative use of transportation and facilities between IPS and charter schools within IPS boundaries.
Wall Street’s euphoria sends stocks to historic gains after Trump pauses most of his tariffs
Wednesday’s gains were widespread across the market, with 98% of the stocks in the S&P 500 index rallying. The rally pulled the index away from the edge of a bear market.
House increases homeowner relief in property tax compromise with Braun
The governor and legislative leaders have for weeks gone back and forth on the key components of Senate Bill 1.
After third committee vote, Delta-8 regulations head to Indiana House floor
Senate Bill 478 sets out advertising, age-limit, licensing, packaging, testing and other requirements for the hemp-derived products.
High school credential bill moves forward with new higher ed oversight language
Gov. Mike Braun, Secretary of Education Katie Jenner and Higher Education Commissioner Chris Lowery are key supporters of the legislation.
Trump pauses tariff hikes on most nations for 90 days, raises taxes on Chinese imports
Trump said more than 75 countries that were set to face “reciprocal tariffs” have been involved in negotiations and would see their levies paused or lowered to 10 percent for 90 days, also effective immediately.
Trump says ‘be cool’ after tariffs, adds ‘great time to buy’
President Donald Trump comments are a sign the White House is closely monitoring market reaction to the administration’s sweeping reciprocal tariffs, which went into effect at 12:01 a.m. Wednesday.
Trade war escalations spark bond sell-off as companies worry about economy
U.S. Treasury bonds sold off Wednesday as a global trade war escalated, with the Trump administration’s harshest tariffs yet drawing swift retaliation from China and the European Union.
Indiana House OKs bill to increase scrutiny of state agency contracts
Baked in the 21-page measure are new rules for contacts awarded by state agencies—including a ban on non-public, no-bid deals—and steeper expectations for vendors paid with taxpayer dollars.
Trump launches tariff barrage, but stresses desire to cut deals
World leaders and business executives are bracing for higher tariff rates that took effect at 12:01 a.m. Wednesday.
Indiana House GOP overwhelmingly votes to impose Medicaid work requirements
Under Senate Bill 2, those enrolled in the Healthy Indiana Plan will need to either work or volunteer for 20 hours each week, with several exceptions for caregivers, disabled beneficiaries and more.
Latest IRS chief to quit over deal to share data with immigration authorities
Acting IRS commissioner Melanie Krause—the tax agency’s third leader since President Donald Trump’s inauguration—will participate in the deferred resignation program the Trump administration offered to agency employees in recent days, sources said.
Trump signs executive orders to help dying coal industry
The president directed federal agencies to loosen various restrictions on coal mining, leasing and exports.
Braun orders state-affiliated nonprofits to produce missed transparency reports
The Governor’s Office singled out the Indiana Economic Development Foundation, which supports IEDC travel and business-attraction efforts, for failing to produce years of transparency reports.
Revised property tax reform bill would limit proposed revenue sharing for Indiana charter schools
The revised property tax reform bill would reduce the number of revenue sources that school districts would need to share with charters, as proposed in separate legislation.
Legislation on vote center study, student ID voting ban, income tax cuts sent to governor
In addition, the Indiana House approved towing regulations after months of strife within the Republican supermajority.
Indiana lawmakers revive controversial public camping ban
Language similar to House Bill 1662, which died earlier this legislative session, was amended into a seemingly unrelated bill, raising concerns from Democrats and advocates for the homeless.
Stocks rise worldwide as hopes for tariff negotiations deliver some relief
Hope still remains on Wall Street that negotiations may be possible. The country’s top trade negotiator, Jamieson Greer, said roughly 50 countries have already been in contact about new tariff deals.
Supreme Court blocks order requiring Trump administration to reinstate thousands of federal workers
The effect of the high court’s order will keep employees in six federal agencies on paid administrative leave for now.