While another Supreme Court opinion day* has come and gone without a decision on President Trump’s use of tariffs under the International Emergency Economic Powers Act (IEEPA), there has been a bevy of activity in the trade space since the start of the year. Below is an update on the ever-shifting trade and geopolitical landscape. […]

While all eyes are on the aftermath of the Venezuela strike, the Administration’s trade agenda continues to take shape. The start of 2026 brings a particular focus on the mandated six-year review of United States-Mexico-Canada Agreement (USMCA) due July 1, as well as the impending Supreme Court (SCOTUS) decision on the President’s authority to impose […]

The House and Senate return to session this week facing a looming government funding deadline of January 30, the now-expired ACA Enhanced Premium Tax Credit (PTC), and intense Member interest in the Administration’s policy towards Venezuela following the President’s decision over the weekend to forcibly extradite Nicolas Maduro. Below is an outline of what to […]

Trade news continues to dominate the headlines from both a geopolitical and economic perspective. Congress remains sidelined by the Administration, but played host to USTR Ambassador Jamieson Greer this week and also heard from Commerce Secretary Howard Lutnick on Section 232 tariffs this morning. One overlapping aspect of trade and policy that Congress will have […]

Following weeks of discussion with GOP and Democratic Senators, Senate leaders have hotlined a Unanimous Consent agreement that if agreed to would package together five of the nine remaining FY26 spending bills. The spending measures slated for inclusion in the package are: – Department of Defense – Commerce-Justice-Science – Interior-Environment – Labor-Health and Human Services – Transportation-Housing and Urban Development […]

This is the last week of session before Congress recesses for the holidays and until January 5. Before leaving town, the Senate will pass the National Defense Authorization Act (NDAA), confirm nearly 100 Trump nominees, and vote on a War Powers Resolution relating to Venezuela. Senate leaders will also attempt to make progress on an […]

US-Mexico-Canada Agreement (USMCA) Under the terms of the renegotiated NAFTA, the updated trilateral agreement provides for a mandated review by July 1, 2026. That process was formally kicked off by the U.S. in September, with USTR seeking public comment. The third and final day of public hearings was held on Friday, December 5. Since then, […]

The final version of the NDAA (S.1071) was released this evening at 5:30 pm. The Rules Committee will meet on Tuesday at 4:00 pm to consider a closed rule governing consideration of the bill with final passage in the House expected on Wednesday. The Senate is not expected to consider the bill until the week […]

As is customary, December will be a busy month, particularly with the annual National Defense Authorization Act (NDAA) nearing completion and representing one of the final legislative trains leaving the station for outstanding congressional and White House priorities. In addition, House and Senate leaders will be managing a full calendar of committee and floor business, […]

Last night, the Senate took a major step forward by invoking cloture (60-40) on the motion to proceed to the House-passed CR, with the understanding that once on the bill Leader Thune will offer a now-public complete substitute amendment that: Extends the CR to January 30, 2026; Incorporates the bipartisan agreement for full year FY26 […]