Good morning from the WSJ Washington Bureau. We produce this newsletter each weekday to deliver exclusive insights and analysis from our reporting team in Washington. Sign up.

Politics: Democrats' climate, healthcare and tax bill heads to the House in a vote scheduled for this week. 

Biden Administration: President Biden is scheduled to travel to Kentucky today to visit families affected by recent flooding and survey impacts and response efforts. 

Economy: Inflation and inventories data to be released this week will be closely watched. 

📰 Catch up on the headlines, understand the news and make better decisions. Sign up for What’s News, free in your inbox on weekday evenings and Sunday afternoons.

The deal is the product of difficult negotiations among Democrats to translate their control of Congress and the White House into progress on a series of longtime policy ambitions before the midterm elections, when inflation and the economy are set to be top of many voters’ minds, report Andrew Duehren and Siobhan Hughes.

• GOP Lawmakers Lobby Oil Industry to Denounce Tax-and-Climate Bill (Read)

• How the Private-Equity Lobby Defeated the Carried-Interest Change—Again (Read)

In interviews with nearly three dozen Republican lawmakers who were asked whether Mr. Trump should run, many deflected the question, saying that Mr. Trump’s decision is up to him without endorsing the idea, reports Siobhan Hughes.

Mr. Barnes is almost certain to win his state's Democratic U.S. Senate primary Tuesday, reports John McCormick. But Republicans have seized on his endorsements from Rep. Alexandria Ocasio-Cortez and Sens. Elizabeth Warren and Bernie Sanders, who are popular among progressives but are viewed with skepticism by independents who are likely to decide the race.

In other politics news...

• Biden to Resume Schedule After Again Testing Negative for Covid-19, White House Says (Read)

• How Abortion Access Has Changed Around the World (Read)

• Phones Know Who Went to an Abortion Clinic. Whom Will They Tell? (Read)

The bipartisan group of lawmakers, including Reps. Maxine Waters (D., Calif.) and French Hill (R., Ark.), have sought for the U.S. to counter global competitors launching digital versions of their currencies, reports Andrew Ackerman. The Fed is conisdering the idea, but isn't in a rush.

In other economics news...

• How One Grocery Chain in Pennsylvania Is Preparing for a Downturn (Read)

• Food Price Inflation Imposing Heavy Burden on Poorer Countries (Read)

• Fed’s Michelle Bowman Says Large Interest-Rate Rises Could Continue (Read)

• The Outlook: Weak Growth, Tight Job Markets Are a Global Phenomenon (Read)

The text of an agreement could be settled soon, the European Union’s senior negotiator at the talks said Sunday, but Iran must still decide whether to set aside its demand that the agreement could be revived only if a multiyear United Nations atomic agency probe into its nuclear program is closed, reports Laurence Norman.

Military analysts said the drills demonstrated the progress China has made coordinating different branches of its armed services, a hallmark of a modern military, report Alastair Gale and Nancy A. Youssef.

• Southeast Asia Seeks to Tiptoe Through U.S.-China Taiwan Minefield (Read)

In other world news...

• Israel, Palestinian Militants Agree to Cease-Fire After Three Days of Fighting (Read)

• Antony Blinken Visits Africa, Vying With Russia for Favor on Continent Hit by Rising Food Prices (Read)

Senate Majority Leader Chuck Schumer (D., N.Y.) plans to hold a vote on the legislation when Congress returns this fall, but the shrinking number of legislative days available plays to the advantage of the tech companies, who can declare victory if Congress doesn’t act, reports Ryan Tracy.

In other business news...

• U.S. Weighs New Rules for Regional Banks, Complicating Merger Plans (Read)

Chancellor Kathaleen McCormick, a 42-year-old who is at the center of one of the biggest cases to hit Delaware’s special business-law court, has a record of ordering buyers to close deals they wanted to ditch, reports Dave Michaels.

In other legal news...

• Disclosure of Text Messages Adds to Legal Woes for Alex Jones (Read)

• Killings of Muslims in New Mexico Spark Alarm, Investigations (Read)

• Thirty-eight percent of respondents eyeing a move to another state said they were interested in a state where their vote would "count" more, according to the  Axios-Ipsos Two Americas Index. (Axios)

• Drug-price controls could undermine U.S. national interests and embolden China. (RealClearPolicy)

• U.S. international leadership has persisted and prevailed because it has mostly worked for the American people.(Atlantic Council)

This newsletter is a production of the WSJ Washington bureau. Send feedback to capitaljournal@wsj.com. You can follow politics coverage on our Politics page and at @wsjpolitics on Twitter.