The Weekly Hill Update

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

  • The White House releases President Joe Biden’s budget for fiscal year 2023 today.
  • The Senate will vote on legislation aiming to promote the United States’ technological and economic competitiveness with China, setting the stage for the House and Senate to begin negotiating over the differences in the chambers’ respective versions of the bill.
  • The House plans to take up bipartisan legislation aiming to help Americans save for retirement.

HOUSE

  • The House will be in session this evening through Friday. The floor agenda includes bipartisan retirement legislation, as well as a bill to decriminalize marijuana.
  • The House Budget Committee tomorrow will review the president’s fiscal year 2023 budget with Office of Management and Budget Director Shalanda Young.
  • The Financial Services Committee will hold a hearing Wednesday on America’s stock exchanges and their role in the economy.
  • The full schedule of committee activity can be found here.

SENATE

  • The Senate will vote on the America COMPETES Act, which will likely lead to a conference with the House to negotiate a final version of the legislation to boost American competitiveness with China.
  • The Judiciary Committee today will consider judicial nominations, including Judge Ketanji Brown Jackson to the Supreme Court – but a committee vote on her nomination can be delayed one week under committee rules.
  • Wednesday, OMB Director Young will appear before the Senate Budget Committee to discuss the president’s budget.
  • The current list of committee meetings can be found here.

WHITE HOUSE

  • President Biden is back in Washington working to press Russia to end its ongoing war in Ukraine after his high-profile visit to Europe to rally allies for the pressure campaign.
  • The White House is rolling out the president’s budget today.

Tomorrow, Biden will host Prime Minister Lee Hsien Loong of Singapore at the White House.

Biden’s Executive Order on Digital Assets could Revolutionize U.S. Cryptocurrency Market

The Federal Policy team’s Kevin Edgar co-authored an analysis of President Joe Biden’s executive order on developing a U.S. digital currency – among the most significant developments in the burgeoning domestic cryptocurrency market.

Click here for the full report from Kevin and other BakerHostetler attorneys.

The Weekly Hill Update

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

  • Washington and its NATO allies are on high alert after Russia struck a Ukrainian military base only a few miles from the Poland border.
  • President Joe Biden will host Irish Taoiseach Micheal Martin for a Saint Patrick’s Day celebration.
  • Judge Ketanji Brown Jackson is continuing her courtesy meetings with senators ahead of her confirmation hearings beginning next week.

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The Weekly Hill Update

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

  • Congress and the White House continue to explore all possible options to respond to Russia’s invasion of Ukraine, including the possibility of cutting off Russian oil.
  • Democrats and Republicans in each chamber will hold party retreats starting Wednesday – President Joe Biden is set to speak to both Democratic retreats.
  • Current government funding is set to expire Friday – lawmakers are racing against the shortened legislative week to approve appropriations for the rest of the 2022 fiscal year, and will likely also include significant funding for Ukraine’s defense and humanitarian needs.

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The Weekly Hill Update

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

  • The United States and a multitude of other nations are working to help bolster Ukraine’s defenses and cripple Russia’s invading military and leadership, as war rages in Europe for the first time since World War II.
  • President Joe Biden will deliver his first State of the Union address tomorrow night.
  • The Senate begins its evaluation of Judge Ketanji Brown Jackson, whom Biden nominated to the Supreme Court Friday.

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The Weekly Hill Update

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

  • The White House is on high alert, believing that Russia may invade Ukraine as soon as Wednesday.
  • The Senate is expected to take up and pass a short-term government funding bill, with current appropriations set to expire this week.
  • President Biden plans to travel to Ohio, continuing his nationwide tour touting his legislative agenda.

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The Weekly Hill Update

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

  • Germany’s new Chancellor Olaf Scholz, two months into his tenure, will have his first visit with President Joe Biden.
  • Congress is focused on funding the government, with a stopgap into March likely as lawmakers need more time to pass a long-term bill with current funding set to expire Feb. 18.
  • Senators are also working toward a major package of sanctions on Russia, as the White House believes an invasion of Ukraine is imminent.

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The Weekly Hill Update

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 Joe Biden is considering potential nominees to the Supreme Court after Justice Stephen Breyer’s retirement announcement – a gift to Biden and congressional Democrats after a politically brutal stretch of several months.
  • The Senate is reportedly close to agreement on legislation to impose sanctions on Russia for its threat towards Ukraine.
  • Congress must also confront a government funding deadline in three weeks, February 18.

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The Weekly Hill Update

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

  • Both chambers of Congress are in session, a change from the original Senate schedule as Democratic leaders force a confrontation over voting rights legislation and the filibuster.
  • A bipartisan group of senators is returning from Ukraine, where they met with Ukrainian leaders as long-simmering fears of a Russian invasion and armed conflict continue to grow.
  • President Joe Biden will hold a virtual bilateral meeting with Japanese Prime Minister Fumio Kishida.

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The Weekly Hill Update

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

  • The 117th Congress will hold the first full week of its second session.
  • President Joe Biden and his fellow Democratic leaders will press for passage of an overhaul of federal election laws.
  • Democrats are also searching for a path forward on the rest of Biden’s agenda, after his Build Back Better Act stalled at year’s end.

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