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The Weekly Hill Update

01/12/2026 | 1 minute read

Posted in Congress

Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session.

HEADLINES

  • President Donald Trump will meet Venezuelan opposition leader Maria Corina Machado following the U.S. ouster and capture of President Nicolas Maduro.
  • The Trump administration late last week opened a criminal investigation against Federal Reserve Chair Jerome Powell.
  • The Senate Banking Committee plans to vote on crypto market structure legislation.

HOUSE

  • The House will be in session tonight through Thursday.
  • The Science, Space, and Technology Subcommittee on Research and Technology will hold a hearing Wednesday on the White House’s AI Action Plan with Office of Science and Technology Policy Director Michael Kratsios.
  • Also Wednesday, the Energy and Commerce Communications and Technology Subcommittee will hold an oversight hearing with the Federal Communications Commission.
  • The full schedule of House committee activity can be found here.

SENATE

  • The Senate will take up a House-passed package of fiscal year 2026 appropriations legislation.
  • On Thursday, the Banking Committee plans to vote on landmark legislation to regulate cryptocurrency markets.
  • Also Thursday, the Commerce Committee will hold a hearing on the impact of technology on kids.
  • The full list of Senate committee meetings can be found here.

WHITE HOUSE

  • This afternoon, Trump will meet with Archbishop Paul Coakley, President of the United States Conference of Catholic Bishops, and with Frank Siller, CEO of the Tunnel to Towers Foundation.
  • Tomorrow, Trump will travel to Michigan to speak to the Detroit Economic Club.
  • The White House expects a visit from Machado, but has not yet announced details of the meeting.