The House and the Senate have agreed to temporarily fund the federal government through March 1 or March 8, depending on the agency. The continuing resolution in place now ends, for some agencies, on Jan. 19. The two chambers still need to vote on the legislation to extend funding beyond the end of this week.
The House on Jan. 12 passed a bill aimed at helping the Treasury Department find terrorists, Russian oligarchs and corrupt government officials.
The House Select Committee on China has sent letters to the chief executives of U.S. chipmakers Intel, Nvidia and Micron Technology asking them to testify before the panel about the challenges their industry faces, a person close to the committee said Jan. 12, confirming a Financial Times report. A hearing date has not yet been determined, the person said.
Democratic Sens. Dick Durbin of Illinois and Tim Kaine of Virginia announced Jan. 9 that they plan to oppose a provision in the Biden administration’s fiscal year 2024 supplemental appropriations request that would waive congressional oversight requirements for U.S. funding provided to Israel under the Foreign Military Financing program.
The Senate Banking Committee held a hearing Jan. 11 to renew its push for congressional passage of the Fentanyl Eradication and Narcotics Deterrence (FEND) Off Fentanyl Act, which would use sanctions and anti-money laundering measures to counter the illicit fentanyl supply chain that is blamed for tens of thousands of American deaths annually.
Republican Reps. Chris Smith of New Jersey and Maria Elvira Salazar of Florida, both members of the House Foreign Affairs Committee, introduced on Jan. 11 a bill that would impose economic sanctions on Nicaragua’s government for human rights violations, including the persecution of clergy and political dissidents and the forced exile of thousands of people.
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, urged the Biden administration to reinstate the Houthis’ designation as a Foreign Terrorist Organization, citing the Yemen-based group’s recent attacks on commercial ships in the Red Sea.
The Treasury Department’s Financial Crimes Enforcement Network should do a better job informing small businesses about its new beneficial ownership information reporting requirements (see 2401050023), Rep. Blaine Luetkemeyer, R-Mo., said in a Jan. 5 press release.
Rep. Blaine Luetkemeyer, R-Mo., who chairs the House Financial Services Committee’s Subcommittee on National Security, Illicit Finance and International Financial Institutions, announced Jan. 4 that he will not seek reelection in 2024.
Rep. Nydia Velazquez, D-N.Y., has introduced a resolution aimed at improving U.S. relations with Latin America, including by ending all unilateral economic sanctions imposed on the region by executive order.