No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, June 1, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Congress Is Back – Again – But Can It Clear the Legislative Logjam?

by TheAdviserMagazine
3 hours ago
in Business
Reading Time: 2 mins read
A A
Congress Is Back – Again – But Can It Clear the Legislative Logjam?
Share on FacebookShare on TwitterShare on LInkedIn


President Donald Trump famously said he wanted a reconciliation bill to fund ICE and CBP on his desk by June 1. Well, the day has arrived – but no such bill has. Will today bring his plan to fruition? As the Magic 8 Ball told us, “Outlook not so good.” In fact, Congress hasn’t quite made it back from its Memorial Day recess, either. The Senate returns at 3 p.m. Eastern today, and the House meets at noon tomorrow. This wasn’t the first time they decided to take a break without actually resolving the issues – and now, surprise, surprise – that very same legislative logjam awaits their return. So what are the chances this time will go any differently?

Laundry List of Languishing Legislation

When the two chambers of Congress called it quits for an extended holiday, the reconciliation bill wasn’t the only bit of old business left unresolved – just the biggest. There’s also the issue of reauthorizing Section 702 of the Foreign Intelligence Surveillance Act, which is set to expire mid-June. As well, the upper chamber has yet to address the House-passed farm bill and housing bill. Republicans also want yet another party-line package to pass by reconciliation that funds the conflict in Iran, defense spending, fraud prevention, etc.

The reconciliation bill seemed close before the recess, with the House passing the resolution to create the package to fund ICE and CBP – but then came along President Donald Trump’s IRS settlement and the $1.77 billion “anti-weaponization fund.” And this offended congressional Republicans so much that they left it lying on the table and skipped off to their recess. 

Conflict in Congress

When asked by the press about the inaction, Rep. Byron Donalds (R-FL) shifted the blame to the Senate. “I want the American people to understand that what really holds up this town more and more: lazy senators,” Donalds said.

The House had already passed an extension of Section 702, which included a ban on the development of a Central Bank Digital Currency, but the Senate refused to take it up. Instead, Congress had to pass two short-term measures to extend the authorization through June 12. Meanwhile, Senate Majority Leader John Thune (R-SD) warned that any Section 702 bill including a CBDC ban would be dead on arrival.

“Here we go again, and we’ll see,” said Rep. Eric Burlison (R-MO) of the House Freedom Caucus. “Hopefully they’ve learned from the last … people’s minds are made up on this, so we need to just, they – we were almost there. We were almost to a point where we had an agreement. So maybe, we’ll – hopefully we can move that ground a little bit.”

“We have to get FISA done. We got to fund the Border Patrol and ICE,” said Rep. Don Bacon (R-NE). Yet the House isn’t exactly chomping at the bit to get stuff done, either, it seems. The House reportedly doesn’t plan to hold any votes until Wednesday. Both chambers of the 119th Congress have spent more than twice as many days in recess as actually in session, and there’s no indication that’s going to change any time soon.



Source link

Tags: Clearcongresslegislativelogjam
ShareTweetShare
Previous Post

Rough Times Ahead in Caucasus Regardless of Armenia Election Outcome

Next Post

US Dollar: This Week’s Jobs Data Could Trigger a Major Breakout

Related Posts

edit post
Motorola Solutions buys Israeli co D-Fend for .5b

Motorola Solutions buys Israeli co D-Fend for $1.5b

by TheAdviserMagazine
June 1, 2026
0

Motorola Solutions (NYSE: MSI) today announced it has entered into a definitive agreement to acquire Israeli counter-drone technology company...

edit post
African EV firm Spiro raises 5 million for electric mobility expansion

African EV firm Spiro raises $215 million for electric mobility expansion

by TheAdviserMagazine
June 1, 2026
0

NAIROBI, Kenya (AP) — African electric vehicle firm Spiro has raised $215 million in equity financing to expand its battery-swapping...

edit post
Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations

Q4 earnings review: Motilal Oswal highlights broad-based beat on estimates, lists 6 sectors that exceeded expectations

by TheAdviserMagazine
June 1, 2026
0

As markets wrap up the Q4 results season for the financial year 2026, Motilal Oswal highlighted that Indian corporate earnings...

edit post
How Kelly Ortberg is rebuilding Boeing from the inside out

How Kelly Ortberg is rebuilding Boeing from the inside out

by TheAdviserMagazine
June 1, 2026
0

Before Boeing named Kelly Ortberg as CEO in August of 2024, the airplane-maker was an enterprise in crisis, and faith...

edit post
NMDC Steel shares jump 18% to record high after returning to profit in Q4, FY26

NMDC Steel shares jump 18% to record high after returning to profit in Q4, FY26

by TheAdviserMagazine
June 1, 2026
0

Shares of NMDC Steel rallied as much as 17.92% to an intraday high of Rs 52.62 during Monday's trading session...

edit post
‘Being married is hard’: Graham Platner’s wife rips media reports of her husband’s sexual texts as ‘gossip’

‘Being married is hard’: Graham Platner’s wife rips media reports of her husband’s sexual texts as ‘gossip’

by TheAdviserMagazine
May 31, 2026
0

Graham Platner’s wife called the media reports that her husband had previously exchanged sexually explicit text messages with several women...

Next Post
edit post
US Dollar: This Week’s Jobs Data Could Trigger a Major Breakout

US Dollar: This Week’s Jobs Data Could Trigger a Major Breakout

edit post
Altruist Plans To Launch A New Corporate RIA (And More Of The Latest In Financial #AdvisorTech – June 2026)

Altruist Plans To Launch A New Corporate RIA (And More Of The Latest In Financial #AdvisorTech – June 2026)

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Minnesota Wealth Tax | Intangible Personal Property Tax

Minnesota Wealth Tax | Intangible Personal Property Tax

May 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Congress Is Back – Again – But Can It Clear the Legislative Logjam?

Congress Is Back – Again – But Can It Clear the Legislative Logjam?

0
edit post
Domino’s Pizza (DPZ) Still Has a Digital Franchise Cash-Flow Model Worth Watching

Domino’s Pizza (DPZ) Still Has a Digital Franchise Cash-Flow Model Worth Watching

0
edit post
Remembering the Mogambo Guru | Mises Institute

Remembering the Mogambo Guru | Mises Institute

0
edit post
Coinbase Gives Indian Traders Direct INR Access to Crypto Markets

Coinbase Gives Indian Traders Direct INR Access to Crypto Markets

0
edit post
The Hidden Savings Update: How Thousands of Seniors Qualify for Extra Help With Prescription Costs This Week

The Hidden Savings Update: How Thousands of Seniors Qualify for Extra Help With Prescription Costs This Week

0
edit post
US Dollar: This Week’s Jobs Data Could Trigger a Major Breakout

US Dollar: This Week’s Jobs Data Could Trigger a Major Breakout

0
edit post
Remembering the Mogambo Guru | Mises Institute

Remembering the Mogambo Guru | Mises Institute

June 1, 2026
edit post
Coinbase Gives Indian Traders Direct INR Access to Crypto Markets

Coinbase Gives Indian Traders Direct INR Access to Crypto Markets

June 1, 2026
edit post
Motorola Solutions buys Israeli co D-Fend for .5b

Motorola Solutions buys Israeli co D-Fend for $1.5b

June 1, 2026
edit post
Domino’s Pizza (DPZ) Still Has a Digital Franchise Cash-Flow Model Worth Watching

Domino’s Pizza (DPZ) Still Has a Digital Franchise Cash-Flow Model Worth Watching

June 1, 2026
edit post
African EV firm Spiro raises 5 million for electric mobility expansion

African EV firm Spiro raises $215 million for electric mobility expansion

June 1, 2026
edit post
What the Fed’s Household Survey Misses About Retirement — and How to Fix It

What the Fed’s Household Survey Misses About Retirement — and How to Fix It

June 1, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Remembering the Mogambo Guru | Mises Institute
  • Coinbase Gives Indian Traders Direct INR Access to Crypto Markets
  • Motorola Solutions buys Israeli co D-Fend for $1.5b
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.