Two major pieces of legislation are headed to President Trump's desk. The House approved Mr. Trump's request to claw back billions of dollars in foreign aid and public broadcasting, and passed a historic cryptocurrency regulation bill.

Congress narrowly approved early Friday a bill to rescind $9 billion in federal spending on foreign aid and public broadcasting, cuts that will affect Alabama Public Television, the nation’s oldest first statewide public TV network. The bill, backed by President Trump, will stop $7.9 billion for foreign aid and $1.1 billion for public broadcasting.