A Delta Air Lines Boeing 757-200 plane passes by the Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport, Nov. 9, 2025.

Bill Clark | Cq-roll Call, Inc. | Getty Images

No sky perks for you!

Delta Air Lines suspended its airport escorts and red coat services for members of Congress and their staff because of the ongoing partial shutdown of the Department of Homeland Security, the air carrier said Tuesday.

The move comes a week after Delta CEO Ed Bastian blasted Congress during an interview with CNBC’s “Squawk Box” for failing to authorize pay for Transportation Security Administration agents during the shutdown of the agency that includes TSA.

“Due to the impact on resources from the longstanding government shutdown, Delta will temporarily suspend specialty services to members of Congress flying Delta,” Delta said in a statement to CNBC.

“Next to safety, Delta’s No. 1 priority is taking care of our people and customers, which has become increasingly difficult in the current environment,” the airline said.

Delta’s action was first reported by the Atlanta Journal-Constitution

Delta’s Capital Desk, which is a reservation line for members of Congress and staffers, remains open.

But for now, those customers will be treated like any other passengers based on their respective Sky Miles status.

The move comes as airports around the U.S., including major hubs in cities such as Atlanta, where Delta is based, are seeing extra-long security lines as a result of elevated absences by TSA agents, who are set to miss their second full paycheck this week.

Read more CNBC politics coverage

Bastian last week fumed to CNBC that it is “inexcusable that our security agents, our frontline agents, that are essential to what we do, are not being paid. And it’s ridiculous to see them being used as political chips.

“So, we’re outraged,” Bastian said.

“And if there’s a call to action here — and I think over 90% of the American public supports those people getting paid — ask our folks right here in Washington to do their job, get our people paid. They can do it,” the CEO said.

United Airlines, when asked by CNBC if it had suspended its similar perks for members of Congress, said, “We don’t have any changes to announce today.”

CNBC has requested comment from American Airlines about its services for federal lawmakers.

Airline executives have railed against lawmakers in recent months, urging them to ensure that essential government workers like TSA officers are paid during shutdowns, which have become increasingly common.

Repeated funding impasses, including in early 2019 and as recently as last fall, ended shortly after absences of government workers who were required to work without pay increased.

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U.S. President Donald Trump, in front of U.S. Secretary of Health and Human Services Robert F. Kennedy Jr., delivers remarks at the White House, in Washington, D.C., U.S., Sept. 22, 2025.

Kevin Lamarque | Reuters

President Donald Trump on Thursday rolled out the broad outline of a health-care plan that the White House claims will lower drug prices and insurance premiums.

The announcement came as a congressional effort to extend key Affordable Care Act tax credits faces headwinds from Senate Republicans, leaving millions at risk of seeing their health insurance premiums spike.

The Trump administration dubbed the initiative “The Great Healthcare Plan,” the president said in a video unveiling the policy Thursday morning.

“I’m calling on Congress to pass this framework into law without delay,” Trump said. “Have to do it right now.”

The plan would codify the deals Trump recently struck with major drugmakers to slash the cost of certain prescription drugs in the U.S. by pegging them to lower prices abroad, as part of his “most-favored-nation” policy.

More than a dozen pharmaceutical companies agreed to lower prices on certain products for Medicaid patients in exchange for a three-year exemption from tariffs.

As part of those deals, companies also agreed to sell some medicines at a discount on Trump’s direct-to-consumer platform, Trump Rx.

Trump, in his video announcement, said those lower drug prices will take effect on the platform when it launches this month. He claimed that those prices would plunge by as much as 500%, even though that would mean prices would fall far below $0.

The health-care framework would “make more verified safe pharmaceutical drugs available for over-the-counter purchase,” according to a White House fact sheet.

It would also purportedly send money for health insurance coverage “directly to the American people” instead of giving “big insurance companies billions in extra taxpayer-funded subsidy payments,” the fact sheet says. Trump has repeatedly floated similar proposals in recent remarks.

The plan would additionally “fund a cost-sharing reduction program,” which the administration says would “reduce the most common Obamacare plan premiums by over 10%.”

Other components of the policy include requiring health insurers to prominently post coverage comparisons “in plain English” on their websites, along with other information about overhead costs and claim denial rates.

It would also require providers who accept either Medicare or Medicaid “to publicly and prominently post their pricing and fees to avoid surprise medical bills.”

The new proposal from the White House comes as senators remain at loggerheads on a deal to extend the now-lapsed ACA, or Obamacare, subsidies. A bipartisan group of senators has been working for weeks on a way forward, but hit a snag recently on language relating to the Hyde Amendment, a statute that bars the use of federal funds for abortion services.

White House Press Secretary Karoline Leavitt holds a press briefing at the White House in Washington, D.C., U.S., January 15, 2026.

Evelyn Hockstein | Reuters

The White House plan notably leaves out an extension of the ACA subsidies, which Democrats are demanding be extended as a part of any health-care deal. The White House had not publicly put forward a proposal until Thursday, but Trump has repeatedly said he wants funds to go directly to patients rather than insurance companies.

Some negotiators wondered whether the White House plan would hamper negotiations.

“We’ve all known that in order to be able to advance something, we’re going to have to have buy-in from the White House,” Sen. Lisa Murkowski, R-Alaska, one of the negotiators, told reporters Thursday. “Does this set things back if he signals that he does not support extending [the subsidies]? I mean, that’s the basis of our plan here.”

Sen. Jeanne Shaheen, D-N.H., who is leading talks on the Democratic side, said Thursday that she hadn’t yet seen the Trump plan, but signaled optimism about the discussions.

“Most of the areas have agreement, so what we need to do is get bill text together and then get final sign-off so that we can talk to our colleagues about what we’re proposing,” Shaheen told reporters.

A White House official on Thursday said the plan does not close the door on extending the subsidies, but lays out the president’s preferences.

“This does not specifically address those bipartisan congressional negotiations that are going on,” the White House official said. “It does say that we have a preference that money goes to people, as opposed to insurance companies.”

Read more CNBC politics coverage

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A Delta Airlines plane takes off near the air traffic control tower at Ronald Reagan Washington National Airport (DCA) in Arlington, Virginia, US, on Tuesday, Oct. 28, 2025.

Samuel Corum | Bloomberg | Getty Images

Delta Air Lines, United Airlines and American Airlines called on Congress Thursday to reopen the U.S. government and pay air traffic controllers, with Delta urging senators to “immediately pass a clean continuing resolution.”

U.S. air traffic controllers missed their first full paychecks on Tuesday as the government shutdown drags on through a fourth week with no end in sight while Republican and Democratic senators remain at an impasse.

“Missed paychecks only increases the stress on these essential workers, many of whom are already working mandatory overtime to keep our skies safe and secure,” Delta said in a statement Thursday.

Read more CNBC government shutdown coverage

Delta CEO Ed Bastian had warned earlier this month that the airline could see impacts from a prolonged shutdown.

Vice President JD Vance and Transportation Secretary Sean Duffy hosted a roundtable at the White House Thursday afternoon with the lobby group Airlines for America, whose members include Delta, United, American and others.

“Airlines remain focused on preserving safety and trying to mitigate the operational impacts of this shutdown,” Airlines for America said in a statement. “We are expecting a record holiday travel season; however, if the shutdown continues much longer, Americans will have to pack their patience and be prepared for more delays, unfortunately.”

United CEO Scott Kirby told reporters outside the White House that Congress should pass a clean continuing resolution, adding that the shutdown is putting stress on the economy.

United Airlines CEO Scott Kirby, joined by U.S. Vice President JD Vance and Transportation Secretary Sean Duffy, speaks to reporters outside the White House on Oct. 30, 2025 in Washington, D.C.

Kevin Dietsch | Getty Images News | Getty Images

American Airlines said it was unacceptable that the federal employees were working without pay.

“A prolonged shutdown will lead to more delays and cancellations — and the American people, especially during the busy holiday season, deserve better,” the company said in a statement.

Air traffic controllers and Transportation Security Administration officers are essential employees who are required to work through the shutdown even though they are not receiving regular paychecks.

The missed paychecks come as controllers grapple with a longstanding staffing shortage. There are 3,800 fewer fully certified controllers than the FAA’s target, according to Nick Daniels, president of the National Air Traffic Controllers Association.

“These additional distractions will compound the existing risks in an already strained system,” Daniels said in an opinion piece in The Hill on Tuesday.

“Every day the shutdown continues, the National Airspace System becomes less safe than it was the day before, as the controllers’ focus shifts from their critical safety tasks to their financial uncertainty,” he said.

The shutdown began on Oct. 1 after Senate Republicans and Democrats failed to reach an agreement to keep the government open.

Democratic senators are insisting that Republicans agree to extend enhanced Affordable Care Act health insurance subsidies before they will vote for funding to reopen the government.

The Congressional Budget Office estimated Wednesday that a four-week shutdown would cost the economy at least $7 billion by the end of 2026. A six-week shutdown would cost the economy $11 billion, and an eight-week shutdown would cost $14 billion, according to CBO estimates.

Flights have been delayed at several U.S. airports over the past month but the severe disruptions that preceded the end of the longest-ever shutdown, between late 2018 and early 2019, have not occurred.

— CNBC’s Leslie Josephs contributed to this report.

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Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. Moreno is running against Sen. Sherrod Brown, D-Ohio. 

Tom Williams | Cq-roll Call, Inc. | Getty Images

Prior to announcing his Senate candidacy in April 2023, Bernie Moreno was a political no name. A former car salesman in the Cleveland area, his only prior experience in politics was a losing bid for Ohio’s other Senate seat in 2022.

Moreno has since accomplished the once unthinkable. 

On Nov. 5, as part of the election that swept Donald Trump back into the White House, Moreno defeated Democratic incumbent Senator Sherrod Brown, who was first elected to the House in 1992, before winning his Senate seat in 2006 and chairing the powerful Banking Committee since 2021.

Moreno’s rise from unsung Ohio businessman to prominent political leader was no accident. His campaign was backed by $40 million from the cryptocurrency industry as part of a highly targeted effort to get friendly candidates elected and, perhaps more importantly, its critics removed. Moreno’s victory was one of the Senate seats Republicans flipped to take control of the chamber.  

In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Crypto accounted for nearly half of all corporate dollars that flowed into the election, according to nonprofit watchdog Public Citizen. Advocacy group Stand With Crypto Alliance, which Coinbase launched last year, developed a grading system for House and Senate races across the country as a way to help determine where money should be spent.

Crypto execs, investors and evangelists saw the election as existential to an industry that spent the past four years simultaneously trying to grow up while being repeatedly beaten down. Nearly 300 pro-crypto lawmakers will take seats in the House and Senate, according to Stand With Crypto, giving the sector unprecedented influence over the legislative agenda.

The crypto political lobby worked so well this cycle because it made something complicated, like campaign finance, simple: Raise a ton of cash from a handful of donors and buy ad space in battleground states to either support candidates who back crypto or smear the candidates who don’t. It also required thinking of candidates as a bit of a binary: They were either with the industry or against it.

Crypto companies and their executives mobilized rapidly, and they successfully figured out how to deploy their cash through a sophisticated ad machine across the country. They also took cues from what big tech got wrong. Rather than spending hundreds of millions of dollars on lobbying legislators post-election, the crypto industry invested in targeting their opponents ahead of the election so they wouldn’t have to deal with them at all the next few years.

For over a year, Moreno was grilled by Silicon Valley heavy hitters like Marc Andreessen, Ben Horowitz and David Sacks about blockchain technology, digital asset policy and the shifting terrain of global finance.

“They didn’t just jump in head first,” Moreno said, describing the scores of meetings that stretched back to his run in the primary. “We had to build a lot of trust.”

Moreno also met with Coinbase co-founders Brian Armstrong and Fred Ehrsam as well as policy chief Faryar Shirzad. Armstrong and Ehrsam did not respond to CNBC’s request, through Coinbase, for comment about the meetings.

Coinbase is the largest digital asset exchange in the U.S. and has been battling the Securities and Exchange Commission in court for over a year. The company was the crypto kingmaker in the 2024 cycle, giving more than $75 million to a super PAC called Fairshake. It was one of the top spending committees of any industry this cycle and exclusively gave to pro-crypto candidates running for Congress. Fairshake’s candidates won virtually every race that it funded in the general election.

“Being anti-crypto is simply bad politics,” Coinbase’s Armstrong wrote on X following Moreno’s victory. 

As the price of bitcoin has multiplied by about sixfold in the past four years, SEC Chairman Gary Gensler has taken major crypto players like Coinbase and Ripple to court for allegedly selling unregistered securities and has avoided working with companies to develop new specialized regulations.

Meanwhile, Sen. Brown sided with the expressly anti-crypto Sen. Elizabeth Warren, D-Mass., in targeting crypto for allegedly funding terrorist organizations, including Hamas. Brown became more vocal in calling for crackdowns of the industry after the failure of crypto exchange FTX in late 2022. 

As FTX was spiraling into bankruptcy, Brown on Nov. 10 retweeted a post from the Senate Banking Committee calling the event “a loud warning bell that cryptocurrencies can fail” and can “have a ripple effect on consumers and other parts of our financial system.”

The bipartisan Fairshake won all but three races in the general election, spending big on Republicans and Democrats gunning for key seats. Protect Progress, a PAC affiliated with Fairshake, gave more than $10 million apiece to Democratic candidates for the Senate in Arizona and Michigan. Both won. Defend American Jobs, another one of Fairshake’s affiliated PACs, spent more than $3 million to support Republican Jim Justice in West Virginia, who will take the former seat of Democratic Sen. Joe Manchin when the new session gets underway in 2025.

In California, Democratic Rep. Katie Porter lost a Senate primary after Fairshake spent more than $10 million on ads against her. 

“I was, like, ‘What the heck is Fairshake?'” Porter told The New Yorker.

How tech bros made their pick

Those vetting Moreno wanted to understand what he would do differently than the current administration and regulatory regime, the senator-elect told CNBC in an interview.

“These are people who know how to vet investments, know how to vet people and they took that same discipline” with me, Moreno said.

It helped that he’d built a blockchain startup, a company called Champ Titles that digitizes automobile ticketing and registration.

“What they didn’t want was to put time, effort and energy behind somebody who, at the end, would be a disappointment,” Moreno said.

A spokesperson for Andreessen and Horowitz, who are co-founders of a venture firm bearing their names, declined to comment. Sacks, founder of Craft Ventures, didn’t respond to CNBC’s request for an interview.

Coinbase’s Shirzad met Moreno over breakfast in Washington in the spring. Moreno wasn’t an expert on the details of the policy issues he’d be pursuing but had a clear understanding of crypto technology and how it could be applied, Shirzad told CNBC in an interview. 

“It was a really great meeting of minds between me as a policy guy and him as kind of a business guy that saw the potential of the technology,” Shirzad said. 

Moreno was out of cash after spending all he had on a tough and expensive primary, said David McIntosh, an early backer of Moreno’s Senate bid and president of the Club for Growth, a conservative organization that focuses on American economic issues. Fairshake played a crucial role for Moreno’s campaign starting in the summer, McIntosh said. 

Moreno’s victory over Brown “sent a really strong signal to Washington that the voters are going to support candidates who are pro-blockchain,” McIntosh said.

McIntosh noted that the Club for Growth spent $6.5 million to help Moreno with advertising in the primary through its different super PACs, including the Bitcoin Freedom Fund.

Brown’s office didn’t respond to multiple requests for comment.

Brown told Politico he hasn’t ruled out running for Vice President-elect JD Vance’s open Senate seat in Ohio, which will be filled by special election in 2026.

Moreno benefited from branding himself as the “change” candidate while Brown “became a defender of the status quo,” Shirzad said.

“Crypto thematically is a change issue,” Shirzad said. “It appeals to not only a younger demographic, but it also appeals to voters who want to change.”

Fairshake declined to comment on whether it would spend to block another Brown Senate run, but the super PAC has already raised $78 million for the 2026 midterms.

“We stuck to our core strategy from Day 1, supported pro-crypto candidates and opposed those who played politics with jobs and innovation, and won,” Fairshake told CNBC in a statement.

‘Most pro-crypto Congress ever’

The past two election cycles featured spending from the now-bankrupt crypto exchange FTX and its founder Sam Bankman-Fried, who was sentenced to 25 years in prison in March for stealing more than $8 billion worth of customer money through FTX. 

This year’s contributor list was more robust but saw large sums of funding come from companies that have been at odds with SEC Chair Gensler for years. That includes Coinbase and blockchain giant Ripple Labs. Prominent venture fund Andreessen Horowitz, which has a large portfolio of crypto companies, was one of the other primary contributors.

A lot of crypto’s big names also gave significantly in 2024. 

FEC filings show Cameron and Tyler Winklevoss were among the largest individual crypto donors this election cycle, giving a combined $10.1 million. Top executives from Ripple contributed millions, led by billionaire founder Chris Larsen, who gave around $12 million this cycle.

Coinbase CEO Armstrong gave over $1.3 million to a mix of PACs including Fairshake and JD Vance for Senate Inc. He also gave directly to Democrats and Republicans running for House and Senate seats. Coinbase Chief Legal Officer Paul Grewal attended at least two Trump fundraisers, including one in Nashville, Tennessee, on the sidelines of the biggest bitcoin event of the year.

Kraken Chairman Jesse Powell donated over $1 million to the Trump campaign.

Other individual crypto contributors include ex-Bitfinex strategy chief Phil Potter (over $1.6 million), Multicoin Capital’s Kyle Samani ($878,600), Paradigm co-founder Fred Ehrsam ($735,400), Union Square Ventures partner Fred Wilson ($1,4 million), Paxos CEO Charles Cascarilla ($198,500), BitGo CEO Mike Belshe ($119,825), Solana co-founder Anatoly Yakovenko ($67,100), and Xapo Bank founder Wences Casares ($374,899).

This week, Armstrong reportedly met with the president-elect to discuss appointments. Within a day, conversations swirled about the potential for the White House’s first crypto czar. By the end of the week, SEC Chair and longtime crypto foe Gensler, whose term doesn’t expire until June 2026, announced he was retiring on inauguration day.

One of Trump’s promises to his crypto fans on the campaign was that he would fire the SEC head and choose crypto-friendly regulators if elected. Gensler may have taken a look at the pressure that faces him across Washington and decided it just wasn’t worth trying to stick it out.

“Welcome to America’s most pro-crypto Congress ever,” Armstrong wrote on X on Nov. 5.

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