Capitol Insights
On January 3, the 119th Congress will convene, and the U.S. House of Representatives faces the critical task of electing its Speaker, the chamber's presiding officer.
The Office of the United States Trade Representative (USTR) has launched a Section 301 investigation into the People’s Republic of China (PRC) concerning its actions and policies aimed at dominating the global semiconductor industry.
Congress has voted to fund the government and avoid a shutdown. The compromise legislation extends funding through March 14, 2025. The package also includes $100.4 billion in disaster relief and provisions to extend farm and health programs.
Previous funding bill has been scrapped as lawmakers renew negotiations and consider a 'clean' Continuing Resolution (CR) for Congress to vote on. The entire episode has raised further questions about Speaker Johnson's (R-LA-04) political capital and his ability to maintain leadership in the 119th Congress.
The expansive Continuing Resolution set to fund the government through March 14, 2025, includes significant health provisions, such as stricter regulations on pharmacy benefit managers and the extension of relaxed tele-health rules for Medicare and commercial insurance plans.