🗓️ What’s Up Next

Congress

The House is in session until the 15th of January, and Senate is in session this week until January 16th.

The PA General Assembly

Both the House and Senate reconvene on January 26th.

Want a deeper dive?

If there’s a topic you’re interested in our analysis of, feel free to drop us a line. We’ll be doing deeper dives on the big stuff as it happens, but we’re always happy to hear what you want to know.

The Congressional Breakdown

Amid Congress’s return to session, there’s been one major international or domestic situation after the other in the last few weeks, complicating the news cycle and potentially stalling legislation. 

A few bills managed to move this week,  but not all in the upward path. With the deadline to avoid another shutdown (Jan 30th) swiftly approaching, the onus is on Congress to pass a whole host of departmental funding bills. We’re breaking down what’s happened below.

What’s Going on in Congress

If you recall last week, we talked about a procedural hurdle facing a three-bill funding package, or “minibus”, that managed to eke its way through the House late on Wednesday. But it was narrow: 214-212. Following the vote, reps huddled with the Majority Whip and asked for more member participation, leading to two amendment votes scheduled for today on the Departments of Treasury and State, as well as the IRS and the Federal Trade Commission. 

Healthcare is the issue haunting the legislature—for good reason. A bipartisan group of senators working on a compromise deal regarding subsidies and potential changes won’t have any legislative text ready until the last week of January. It’s a narrow deadline and a bit of a blow to some who hoped the legislation would be ready by the end of the week.

Labor bills scrapped: Johnson’s defector problem continues, with six Republican reps sinking a labor-related bill that would have incentivized employers to offer more training and education programs, at the expense of being required to offer overtime pay. In the wake of that bill’s failure, two other labor-related bills were scraped, one related to franchise stores’ liability for employee working conditions, which is expected to fail. 

An ICE officer’s killing of a US citizen last week has renewed arguments in both parties about how to rein in President Trump’s use of the DHS and ICE officers, but can such a thing be done? Politico’s analysis is a good one, presenting a unique dilemma for Congress: if they hope to control DHS and ICE, they’ll have to fund it. 

More discharge petitions incoming? This may finally be the year that Congress passes a bill to reform and limit member stock trading. The House is teeing up to vote on a GOP-written bill moving through the House Administration Committee on Wednesday, one that allows members of Congress to keep their current stocks. Some members say that it’s not going far enough. 

The Sector Breakdown

The Pennsylvania Impact

The uncertain start to the year in Congress means a waiting game here in Pennsylvania. The expiration of ACA subsidies—and a lack of framework to replace them—is putting many in financial or health-related crises. The scrapping of the labor bill designed to incentivize employer-led training in Congress points towards a potential appetite for “upskilling”, especially as AI use surges in the workforce, but is trading away wage protections the way to get it? 

Continuing on the AI impact in PA, as the state looks to build more data centers, Rep Bresnahan was found trading stocks while pushing for a new AI data center in his district. The AI argument is a political lightning rod for the continued push against member stock trading. 

Meanwhile, the impact of RFK’s food changes has the potential to hit the agriculture sector. Proposed dietary guidelines could increase demand in PA’s massive farming sector, but that boon is rolled up in DHS immigration crackdowns. Conversely, a shift away from processed food, such as reducing the reliance on corn-based syrups and packaged foods, could negatively impact Pennsylvania-based corporations whose primary business is the production of processed foods and snacks.

Finally, the Supreme Court’s debate over transgender athletes will call into question how to keep safe the frameworks that other states already have in place. The Supreme Court has a recent track record of kicking issues back to the states to decide (the overturn of Roe v Wade is an example) and some argue that this issue will see a similar ruling. Pennsylvania has a range of patchwork policies throughout its districts—we’ll have to wait and see what the ruling is to know how that will change. 

🔥 What We’re Watching

Did You Know? This week, the Pennsylvania farm is on! It’s the largest indoor agricultural event in the United States.

Till next time,

The Bellevue Compass Team

Keep Reading

No posts found