Welcome to the Fox News Politics newsletter, with the latest updates on the Trump administration, Capitol Hill and more Fox News politics content. Here's what's happening-Major business group intervenes to blunt Newsom lawsuit attempting to reinstate EV mandates-Mamdani studies 'America's Worst Mayor' Brandon Johnson to avoid his political pitfalls: report-Trump's global reset of trade relationships will remain in the spotlight this weekFIRST ON FOX: A Senate Republican wants to crack down on public officials who use their position to grow their wealth.Sen. John Cornyn, R-Texas, is set to introduce legislation that would create stiffer penalties for public officials who commit federal bank fraud, tax fraud, or loan or mortgage fraud. Cornyns bill comes on the heels of two such instances where top officials and lawmakers were hit with allegations of mortgage fraud.Indeed, Cornyns Law Enforcement Tools to Interdict Troubling Investments in Abodes (LETITIA) Act is named for New York Attorney General Letitia James.The Justice Department earlier this year opened an investigation into James, who successfully won a civil case last year against President Donald Trump and his Trump Organization over allegations of faulty business practices, for alleged mortgage fraudREAD MORE.JET LAG: Trump's F-47 next-gen fighter jet threatened by delays as Boeing workers go on strikeSPEECH POLICE STATE: Trump's full-court press against 'Orwellian' European censorship intensifies amid US efforts to unleash AI'NOW I LOVE HER AD': Trump says he now 'loves' Sydney Sweeney American Eagle ad after learning she's a registered RepublicanHORROR CONTINUES: European leaders decry Hamas video of Israeli captives: unlimited inhumanityCHINA IN CROSSHAIRS: FBI office in New Zealand will defend against Chinese influence, Patel says'RIDICULOUS WAR': Trump confirms 2 nuclear submarines are 'in the region' to counter Russia'CHAOTIC SITUATION': As Israel faces blame for the hunger crisis in Gaza, UN's own data shows most of its aid is lootedBENEFIT BATTLE LINES: GOP memo preps House Republicans to tout Trump's 'big, beautiful bill' as Dems go on offense'WANTED US TO PAY': Trump accuses Senate Democrats of using nominee confirmations as leverage for funding dealsCOWBOY CRACKDOWN: GOP governor greenlights state troopers to join ICE in immigration crackdown'FIRE WITH FIRE': Hochul vows to 'fight fire with fire' on redistricting while hosting Texas Democrats who fled state'TOO FAR': Cincinnati residents on edge after viral beatdown sparks crime concerns: 'What's gonna happen next?''UNCERTAIN RECOVERY': Danville, Virginia councilman faces possible 'years' of rehab after gasoline attack, boss saysHAT IN RING: First on Fox: Republican firebrand Nancy Mace launches bid for South Carolina governor'TEXANS DON'T RUN': Abbott threatens to remove House Dems from office following dramatic departure to avoid voteCOACH VS. POLS: Republican Dooley jumps into Georgia's Senate race while touting support for Trump and taking aim at OssoffGet the latest updates on the Trump administration and Congress, exclusive interviews and more on FoxNews.com.