Trending claims

A proposed Senate bill on college sports includes exceptions for player transfers if a coach quits or a sport is eliminated.

Senator Maria Cantwell stated that statistics show the majority of college athletic departments currently cannot make ends meet.

The Protect College Sports Act would allow one college transfer and require athletes to sit out a year after a second transfer, with some exceptions.

Senate Majority Leader John Thune had promised backers of the Protect College Sports Act a vote on bringing the bill to the floor after the August recess.

All five Black members of the Senate voted against opening debate on the Protect College Sports Act.

Court rulings, including from the Supreme Court, resulted in college athletes being able to earn compensation for their 'name, image and likeness' (NIL).

Members of the Congressional Black Caucus oppose the Protect College Sports Act.

In 2024, the NCAA changed a rule that had restricted how and when college athletes could transfer between schools.

The NCAA previously barred name, image, and likeness compensation but changed its rules under pressure to allow paid endorsement deals for athletes.

NAACP President Derrick Johnson said 'Sharecropping is over' in reference to college sports on a media call organized by the AFL-CIO.

The Senate vote to proceed with debate on the Protect College Sports Act was 74 to 24.

The Protect College Sports Act would establish rules for athlete payments, provide limited antitrust protection to the NCAA, and set a five-year eligibility window for college athletes.

The vote to move forward with the Protect College Sports Act was opposed by 19 Democrats, one independent, and four Republicans.

Senator Chris Murphy, an opponent of the legislation, said the Protect College Sports Act protects 'a system of exploitation'.

Senator Ted Cruz, a chief author of the Protect College Sports Act, said the current state of collegiate sports is 'the Wild West'.

The vote to move forward with the Protect College Sports Act was supported by 49 Republicans, 24 Democrats, and one independent.

The Senate voted on Tuesday to open debate on the Protect College Sports Act.

Federal Reserve Chairman Kevin M. Warsh declined to answer questions related to President Trump.

Federal Reserve Chairman Kevin M. Warsh attributed rising U.S. borrowing costs to higher economic growth prospects and increased borrowing by tech companies for AI expansion.

New Federal Reserve projections showed broad support for at least one more interest rate increase in 2026.