Tax credits for clean energy and home energy efficiency would still be phased out, albeit less quickly, under Senate Republicans' latest proposed changes to a massive tax bill. Electric vehicle incentives and other provisions intended to move the United States away from fossil fuels would be gutted rapidly.

The residential solar tax credit is set to be eliminated at the end of this year, a full decade ahead of its original schedule.

Senate Republicans teamed up with a bloc of Democrats to pass a landmark cryptocurrency bill that would establish the first regulatory framework for issuers of stablecoins.

For now, Senate leaders are hailing the stablecoin bill as a landmark piece of legislation that overcame the partisan divisions of Trump’s second term.