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Jeff Chiu / AP

Sprint and T-Mobile are nailing down the final details of a merger likely to be announced at the end of October, Bloomberg reports citing sources familiar with the matter. Both sides are conducting last-phase due diligence on Sprint's valuation and figuring out questions like headquarters location and executive management teams, per Bloomberg.

Why it matters: Rumors of this deal have been swirling for months. Now that Trump's antitrust chief Makan Delrahim has finally been confirmed, it makes sense for the companies to move the announcement along in short order. While antitrust regulators are expected to be more open to horizontal mergers than during the previous administration, the deal's impact on wireless competition will get close scrutiny by both the Justice Department and Federal Communications Commission.

Go deeper

House passes sweeping election and anti-corruption bill

Photo: Win McNamee via Getty Images

The House voted 220-210Wednesday to pass Democrats' expansive election and anti-corruption bill.

Why it matters: Expanding voting access has been a top priority for Democrats for years, but the House passage of the For the People Act (H.R. 1) comes as states across the country consider legislation to rollback voting access in the aftermath of former President Trump's loss.

Updated 6 hours ago - Politics & Policy

House passes George Floyd Justice in Policing Act

Photo: Stephen Maturen via Getty Images

The House voted 220 to 212 on Wednesday evening to pass a policing bill named for George Floyd, the Black man whose death in Minneapolis last year led to nationwide protests against police brutality and racial injustice.

Why it matters: The legislation overhauls qualified immunity for police officers, bans chokeholds at the federal level, prohibits no-knock warrants in federal drug cases and outlaws racial profiling.

7 hours ago - Politics & Policy

Senate Republicans plan to exact pain before COVID relief vote

Sen. Ron Johnson. Photo: Stefani Reynolds/Bloomberg via Getty Images

Republicans are demanding a full, 600-page bill reading — and painful, multi-hour "vote-a-rama" — as Democrats forge ahead with their plan to pass President Biden's $1.9 trillion COVID-19 relief package.

Why it matters: The procedural war is aimed at forcing Democrats to defend several parts the GOP considers unnecessary and partisan. While the process won't substantially impact the final version of the mammoth bill, it'll provide plenty of ammunition for future campaign messaging.