We present new precision measurements of the elastic electron-proton scattering cross section for momentum transfer (Q$^2$) up to 15.75~\gevsq. Combined with existing data, these provide an improved extraction of the proton magnetic form factor at high Q$^2$ and double the range over which a longitudinal/transverse separation of the cross section can be performed. The difference between our results and polarization data agrees with that observed at lower Q$^2$ and attributed to hard two-photon exchange (TPE) effects, extending to 8~(GeV/c)$^2$ the range of Q$^2$ for which a discrepancy is established at $>$95\% confidence. We use the discrepancy to quantify the size of TPE contributions needed to explain the cross section at high Q$^2$.
Comment: 7 pages, 2 figures