Politico reports:

Nebraska Rep. Don Bacon said he plans to introduce a companion bill to the bipartisan Senate legislation aimed at reclaiming Congress’ authority over tariffs, becoming the first House Republican to openly challenge the powers President Donald Trump is using to launch a massive global trade war.

Bacon confirmed his plans to POLITICO on Friday as market losses continued to pile up and rattle Republicans on Capitol Hill.

The Senate bill introduced Thursday by Sens. Charles Grassley (R-Iowa) and Maria Cantwell (D-Wash.) would limit a president’s power to impose tariffs, including allowing Congress to vote to end any tariff at any time. It would also require the president to notify Congress within 48 hours of imposing any duty and for Congress to explicitly approve any new tariffs within 60 days. Four additional Republicans have signed on as co-sponsors to that bill. [Continue reading…]