Live updates: Trump officially rolls back fuel economy standards; Senate sets up college sports bill vote

The Trump administration officially rolled back fuel economy standards on Monday, stating the Biden administration 'went far beyond the requirements mandated by Congress' to promote electric vehicles. Trump wrote on social media that the new standards 'will take the waste out of building cars in America.' The rollback reduces the required average fleet efficiency to 34.9 mpg by 2031, down from 50.4 mpg.