The Latest on the Government Shutdown

The Senate is gearing up for another round of government funding votes during today’s session, but an end to the shutdown is not imminently expected. However, in an interview with MSNBC, Senate Majority Leader John Thune (R-SD) indicated that he’s prepared to give Democrats a floor vote on their key health-related priorities, namely extending the […]

The federal government remains in a shutdown with no clear progress toward a deal, as lawmakers continue to clash over an extension of the expiring enhanced Affordable Care Act (ACA) tax credits that are set to expire at the end of the year. The White House is continuing to place pressure on Senate Democrats to […]

In an article for CNBC, TRP Partner Louis Sola discussed the maritime industry’s capacity to handle a steep increase in liquefied natural gas (LNG) exports under competing trade policy mandates from the Trump administration. While the president is hailing foreign energy purchases of U.S. LNG in its trade deal frameworks, a separate rule from the U.S. […]

After repeatedly demanding that the Senate remain in session to confirm dozens of Trump appointees, President Donald Trump finally relented late Saturday, posting on social media that Republicans should instead “go home and explain to your constituents what bad people the Democrats are.” This post followed a series of contentious negotiations between the two parties over […]

Senate leadership is continuing discussions on the pending fiscal year (FY) 2026 appropriations vehicle as Majority Leader John Thune (R-SD) aims to pass as many as possible in this first tranche. As of now, the Senate Appropriations Committee has passed six bills out of committee — Agriculture-FDA, Commerce-Justice-Science (CJS), Interior-Environment, Legislative Branch, Military Construction-VA (MilCon-VA), […]

The Senate will return for legislative business on Monday as the chamber looks to move its first fiscal year (FY) 2026 spending bills through before the end of the summer work period. Late yesterday, Senate Appropriations Committee Chair Susan Collins (R-ME) “hotlined” a three-bill spending package containing the bills for Agriculture-FDA, Commerce-Justice-Science, and Military Construction-VA […]

House lawmakers met for a marathon day of legislative business yesterday and into the early morning hours today, where they cleared several pending bills. Here’s an overview of what happened and what to watch for next week: Landmark Digital Asset Bills Pass Overwhelmingly. It’s a watershed moment for digital assets in Washington after House lawmakers […]

The Senate is still in the process of its “vote-a-rama” amendment debate on the One Big Beautiful Bill Act as Republicans look to send the revised reconciliation package to the House later this morning. The GOP batted down scores of amendments and procedural motions offered by Democrats throughout yesterday and overnight, but floor action was […]

Key authorizing committees are meeting today to resume markups of their respective portions of the GOP reconciliation bill. After the Armed Services, Education & Workforce, and Homeland Security Committees approved their pieces of reconciliation yesterday, the Financial Services, Transportation and Infrastructure (T&I), Judiciary, and Oversight Committees are on tap for today. Of note, T&I Republicans […]

Congress is expected to receive additional clarity from the Treasury Department as to when the federal government could run out of borrowing power — a key factor that could accelerate consideration of the GOP reconciliation bill. Specifically, Treasury Secretary Scott Bessent is reportedly slated to provide Congress with an update as to when the “X […]

Congress wrapped up legislative business last week after Republicans successfully unlocked the reconciliation process to pass “one big, beautiful bill” containing President Donald Trump’s legislative priorities on tax, border, energy, and more. Pursuant to the budget resolution, committees of instruction have until Friday, May 9 to produce their respective reconciliation bills, and Republicans are trying […]

The House formally adopted [216-214] the updated GOP budget resolution to officially unlock the reconciliation process for President Trump’s legislative agenda on tax, border, energy, and more. Speaker Mike Johnson (R-LA) originally intended to hold a vote on the updated resolution during yesterday’s session, but more than a dozen GOP lawmakers expressed concerns about the […]