Republicans to introduce health bill this week | Knives out for Reince Priebus, Trump’s chief of staff – MarketWatch

Speaker Paul Ryan, right, and his House Republicans are reportedly planning to introduce its Obamacare replacement bill this week.

Congressional Republicans will introduce their much-anticipated bill to repeal and replace the Affordable Care Act this week, NBC News reports, citing a senior House aide.

Draft legislation would provide expanded tax credits and health savings accounts for individuals, while cutting spending on tax subsidies and Medicaid, NBC writes. It would also practically eliminate the employer and individuals mandates to provide and carry health insurance. That legislation may have changed but a House Republican aide earlier called it the bones of what would happen.

Also read: Trump embraces HSAs as a pillar of repeal and replace, but they will need work.

SEC nominee targeted: A coalition of progressive groups is planning to announce a campaign to derail President Trumps nomination of Jay Clayton to head the Securities and Exchange Commission, the Washington Post reports. Organizers say the campaign will include a six-figure digital advertising buy. As the Post says, it comes amid broader efforts by Democrats to highlight Trumps choice of finance-industry insiders for key administration positions despite his antiWall Street rhetoric when he was a candidate.

Knives out for Priebus: Politico writes that administration officials are increasingly putting blame on Trumps chief of staff, Reince Priebus, as the White House struggles to gain its footing nearly two months into the new presidency. More than a dozen Trump aides, allies and others close to the White House said Priebus was becoming a singular target of criticism within the White House.

One senior administration official said theres a real frustration among many, including Trump himself, that things arent going as smoothly as hoped for. The White House, meanwhile, pushed back on the story, with Trump chief strategist Stephen Bannon saying the presidents agenda is being implemented in record time, which shows you what a great job Reince is doing.

Also see: Opinion: With wiretapping tweets, Trump undermines the presidency.

Regulation tally: Federal agencies and the GOP-led Congress have delayed, suspended or reversed more than 90 regulations in the month and a half since Trump took office, according to a tally by the New York Times. The Times called the effort one of the most significant shifts in regulatory policy in recent decades, with dozens more rules possibly being eliminated in the coming weeks.

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Republicans to introduce health bill this week | Knives out for Reince Priebus, Trump's chief of staff - MarketWatch

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