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

• Leading financial CEOs will testify before the Senate Banking Committee.
• The House will take up legislation to cancel the Biden administration’s student debt relief initiative, while the Senate plans to vote on foreign aid for Ukraine, Israel, and Taiwan.
• President Joe Biden is in campaign mode, attending high-dollar fundraisers hosted by celebrities on both coasts, while Republicans vying for the nomination to challenge him will be in Alabama Wednesday for their fourth debate.

HOUSE

• The House will hold floor votes tomorrow through Thursday, including a disapproval resolution targeting Biden’s student loan forgiveness plan.
• The Financial Services Committee will hold a hearing tomorrow on regulatory agencies’ use of innovative technology.
• Also tomorrow, the Education and Workforce Committee will hold a hearing regarding antisemitism on college campuses.
• The rest of the House committee schedule can be found here.

SENATE

• The Senate will be in session throughout the week, taking up a foreign aid package as the White House presses the urgency of funding for Ukraine in particular – but no bipartisan agreement has materialized on the supplemental funding.
• Tomorrow, the Judiciary Committee will hold an oversight hearing with FBI Director Christopher Wray.
• Wednesday, the Banking Committee will hold a hearing with the top executives of several of the country’s largest financial institutions.
• Additional Senate committee meetings can be found here.

WHITE HOUSE

• Tomorrow, Biden will travel to Boston for campaign events, including a fundraiser concert with James Taylor.
• Wednesday, the president will speak at the White House Tribal Nations Summit.
• Later in the week, Biden will attend fundraisers hosted by Hollywood celebrities including Steven Spielberg.

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