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May 22, 2025 16 mins

Here are the stories shaping the day:

  • The House Rules Committee late on Wednesday advanced a sweeping bill to enact President Donald Trump’s agenda after a marathon 21-hour session, clearing the legislation for a House floor vote.
  • The Federal Trade Commission escalated its efforts to lower prescription drug costs, renewing challenges to more than 200 patents it says were improperly listed to prevent generic versions of brand-name drugs from reaching the market.
  • Taiwan wants to have peace with China but must prepare for war in order to deter conflict, Taiwanese President Lai Ching-te said after delivering a speech marking his first year in office.

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