Two senior lawmakers on the Senate Finance Committee introduced legislation on Thursday seeking to rein in U.S. President Donald Trump's ability to impose tariffs and would require congressional approval for new levies within 60 days.

After GOP senators helped pass a measure to revoke Trump's Canada tariffs, talks are underway to force a House vote. Senators also unveiled a bipartisan bill to limit his authority.

As world markets slumped in reaction to President Trump’s tariffs, Democratic and Republican senators' bill would require Congress to approve new tariffs.

The Senate adopted a fiscal 2025 budget blueprint early Saturday along party lines after a debate that began the night before, teeing up the House for a climactic final vote next week.

The Senate is diving into a contentious late-night — or all-night — debate on a budget plan critical to Republican efforts to pass trillions of dollars in tax cuts and boost border security and defens