Both chambers are in session this week.
Last week, President Trump announced larger-than-anticipated tariffs, including a 10% “baseline” tariff on goods imported from all countries and “discounted reciprocal” tariffs on individual countries with which the United States has the largest trade deficits. This includes up to a 79% “true” tariff on goods from China. Global markets have shed trillions of dollars in value, and economists are forecasting increased inflation and increased prices on consumer goods. Certain Southeast Asian countries have already expressed a desire to negotiate with President Trump to reduce the levies on their nations. Israeli Prime Minister Benjamin Netanyahu will be meeting with President Trump today at the White House to discuss the tariffs and the ongoing war in Gaza.
Over the weekend, the Senate passed its budget resolution after a marathon series of votes on amendments that were rejected. The budget resolution would establish formal plans for a reconciliation package on President Trump’s key policy priorities, including immigration enforcement and tax cuts. This week, the House will begin consideration of the Senate-passed budget resolution. However, Speaker Mike Johnson (R-LA) has a difficult road ahead since deficit hawks and conservative members of his party have called for deeper spending cuts to offset any tax cuts, while moderates have expressed concerns about changes to Medicaid. The Republican leadership is hoping to advance the budget resolution before the upcoming two-week recess.
The House will also hold votes this week on a bill that would prohibit federal district judges from issuing nationwide orders blocking administrative policies (H.R. 1526); the SAVE Act (H.R. 22), which would require voters participating in federal elections to provide proof of citizenship to register; and two resolutions that would end more of the Biden Administration’s rules — a cap on overdraft fees large banks can charge (S.J. Res. 18) and targeting digital payment platforms run by Apple, Google, and Facebook for Consumer Financial Protection Bureau supervision (S.J. Res. 28).
Additionally, the House may vote on a Senate-passed bill that would restore the District of Columbia’s ability to utilize its current budget allotment after the continuing resolution that was passed by Congress earlier this month restricted the district’s spending authority. President Trump has advocated publicly for swift passage of the legislation.
The Senate will vote on the nomination of Elbridge Colby to be undersecretary for policy at the Pentagon. Majority Leader John Thune (R-SD) has also teed up votes on several of Trump’s ambassador picks — George Glass for Japan, Mike Huckabee for Israel, Peter Hoekstra for Canada, Ronald Johnson for Mexico, and Kevin Cabrera for Panama — as well as Paul Atkins to be a member of the Securities and Exchange Commission.
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