The Weekly Hill Update - November 2021 #3

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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 year-end legislative rush begins this week with lawmakers first having to extend government funding beyond the expiration this week of current appropriations.
  • Congress in the next month also must deal with the debt limit, the annual Pentagon policy bill, ongoing negotiations on President Biden’s Build Back Better Act, and a host of other programs set to expire at year’s end.
  • Biden and his team are scrambling to confront the new, highly contagious omicron variant of the COVID-19 virus.

HOUSE

  • The House plans to hold votes tomorrow through Friday. Leaders are working toward a vote on a short-term funding extension, with several details, including its length, still unresolved.
  • The House Financial Services Committee on Thursday will hold a pandemic response oversight hearing with Treasury Secretary Janet Yellen and newly reappointed Federal Reserve Chairman Jerome Powell.
  • The Energy and Commerce Committee will hold a legislative hearing titled “Holding Big Tech Accountable: Targeted Reforms to Tech’s Legal Immunity.”
  • The full list of this week’s House committee activity can be found here.

SENATE

  • The Senate will take up the annual National Defense Authorization Act as senators continue debating several points of contention, including the inclusion of a major China policy
  • The Senate Banking Committee will also host an oversight hearing with Yellen and Powell.
  • The Senate Commerce Subcommittee on Consumer Protection, Product Safety, and Data Security will hold a hearing on product safety during the holiday season, focusing on counterfeit children’s toys.
  • The current list of Senate committee activity can be found here.

WHITE HOUSE

  • President Biden is speaking this morning on the omicron variant. This afternoon, he will meet with CEOs to discuss supply chain challenges as the holiday season begins.
  • Tomorrow, he will travel to Rosemount, Minn., to speak at Dakota County Technical College about this month’s infrastructure bill.
  • Later in the week, Biden will host a menorah lighting for Hanukkah as well as the National Christmas Tree

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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