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 […]

The Senate has remained in session over the weekend as the government shutdown reaches its 40th day, making this the longest closure in history. The Sente will gavel in again today, beginning at 1:30 p.m., as Republicans continue to search for a path forward with a dozen of their Democratic colleagues. Topline. There have been signs […]

Late Wednesday night (Thursday morning in Korea), President Trump and President Xi greeted each other on the sidelines of the APEC Summit for their long anticipated in-person trade meeting. The working meeting lasted 90 minutes and concluded with both leaders signing off on a one-year trade agreement. The details of the agreement were negotiated in […]

With President Trump and President Xi set to meet this Thursday, October 30, at APEC in South Korea we are nearing the next major inflection point of global trade negotiations following “Liberation Day,” and the follow-on August 1 reciprocal trade deadline. Notably, this will be Trump’s and Xi’s first in-person meeting since the 2019 G20 […]

As Congress enters week four of the government shutdown, neither side is budging. The House, which passed a clean continuing resolution funding the government through November 21, remains out of session subject to being called back to DC on 48 hours’ notice. The Senate has been in session each week but remains unable to move ahead […]

The CCP’s export restriction escalation on lithium batteries, medium and heavy rare earth elements, superhard materials, rare earth equipment, and rare earth-related technologies, and retaliatory actions designed to mirror the United States’ Section 301 shipping fees* (commencing on October 14), have created a flurry of advanced technology geopolitical activity today. The CCP’s enhanced export restrictions […]

Day 2 of the shutdown is underway with no agreement in sight to reopen the government. We expect the Trump Administration to take additional steps today to increase pressure on Democrats, including possible RIF announcements and other agency actions. Below are several resources for your use: Possible Reduction in Force (RIF) action: President Trump will […]

Understanding Sector Specific Tariffs In evaluating various sector-specific tariffs and related Administrative actions, it’s important to view each through the lens of President Trump’s America First Trade Policy. From a macro perspective, the President’s trade agenda and overall goals derive from four primary policy areas: Reciprocity (access/revenue) Domestic production (jobs/supply chains) Consumer costs (investment/pricing) Geopolitical […]