P.M. Edition for June 30. Senators have spent hours voting on amendments and procedural motions as Republicans race to pass President Trump’s “big, beautiful bill” by their self-imposed July 4 deadline. WSJ tax policy reporter Richard Rubin gives us the latest from the U.S. Capitol. Plus, a Trump administration investigation finds that Harvard University violated students’ civil rights. We hear from Journal higher education reporter Doug Belkin about where the president’s battle against elite U.S. universities stands. And investors love stocks that pay dividends, even though finance professors have long said that dividends don’t matter. But as WSJ investing columnist Spencer Jakab tells us, it’s what people do with the dividends that really makes those investments worthwhile. Alex Ossola hosts.

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