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Home | BakerHostetler

Texas Legislative Update: HB 21 Changes Property Tax Exemption For Housing Finance Corporations

State of the Unions – a Roundtable Series on Recent Developments in Labor Law

Daryl Leon Serves as Commentator During 77th NYU Annual Conference on Labor and Employment Law: Trump Administration Initiatives and Opportunities for New Approaches

BakerHostetler Team Oversees Palm Tree Crew Acquisition of Stake in Mary Lou’s

Below is this week’s congressional update by BakerHostetler’s <a href="https://www.bakerlaw.com/services/federal-policy/" target="_blank" rel="noreferrer noopener">Federal Policy</a> team. We’ll continue to post in weeks when both chambers of Congress are in session.

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President Donald Trump plans to announce additional tariffs on several countries.

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Trump will host Indian Prime Minister Narendra Modi at the White House.

Senate Republicans will attempt to <a href="https://www.politico.com/newsletters/inside-congress" target="_blank" rel="noreferrer noopener">jumpstart</a> the budget reconciliation process to advance Trump’s legislative priorities, as House Republicans struggle to agree on a plan.

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The House will hold <a href="https://www.majorityleader.gov/schedule/weekly-schedule.htm" target="_blank" rel="noreferrer noopener">floor votes</a> tonight through Thursday, including on <a href="https://www.congress.gov/bill/119th-congress/house-bill/35" target="_blank" rel="noreferrer noopener">legislation</a> aiming to enhance the safety of law enforcement officers at the U.S. border.

Federal Reserve Chairman Jerome Powell will <a href="https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409453" target="_blank" rel="noreferrer noopener">deliver</a> the Fed’s semiannual monetary policy report to the Financial Services Committee Wednesday.

Thursday, the Foreign Affairs Committee will hold a <a href="https://foreignaffairs.house.gov/hearing/the-usaid-betrayal/" target="_blank" rel="noreferrer noopener">hearing</a> titled “The USAID Betrayal.”

The full schedule of committee activity can be found <a href="https://www.house.gov/legislative-activity" target="_blank" rel="noreferrer noopener">here</a>.

The Senate will continue using all its floor time <a href="https://www.senate.gov/legislative/floor_activity_pail.htm" target="_blank" rel="noreferrer noopener">voting</a> on Trump’s cabinet nominees, including Tulsi Gabbard for director of national intelligence and Robert F. Kennedy Jr. for secretary of Health and Human Services.

Powell will <a href="https://www.banking.senate.gov/hearings/02/04/2025/the-semiannual-monetary-policy-report-to-the-congress" target="_blank" rel="noreferrer noopener">deliver</a> his report tomorrow at the Senate Banking Committee.

On Wednesday and Thursday, the Senate Budget Committee will <a href="https://www.budget.senate.gov/hearings" target="_blank" rel="noreferrer noopener">take up</a> its fiscal 2025 <a href="https://www.budget.senate.gov/chairman/newsroom/press/chairman-graham-unveils-fy-2025-budget-resolution-to-secure-the-border-revitalize-our-military-unleash-american-energy-production-and-begin-the-process-of-restoring-fiscal-sanity" target="_blank" rel="noreferrer noopener">budget resolution</a>, the first step toward advancing Republicans’ reconciliation plans.

The full list of Senate committee activity on nominees can be found <a href="https://www.senate.gov/committees/hearings_meetings.htm" target="_blank" rel="noreferrer noopener">here</a>.

Trump <a href="https://www.marketwatch.com/story/trump-says-hell-roll-out-reciprocal-tariffs-next-week-here-are-his-possible-targets-5656cd5a" target="_blank" rel="noreferrer noopener">plans</a> to announce reciprocal tariffs early this week on several countries.

Wednesday, he will <a href="https://www.reuters.com/world/indias-modi-meet-trump-with-planned-tariff-concessions-2025-02-10/" target="_blank" rel="noreferrer noopener">host</a> Modi at the White House.

In Vice President JD Vance’s <a href="https://apnews.com/article/vance-trip-paris-ai-summit-ea6ccd6b23e55776fcf081af74b2ddaa" target="_blank" rel="noreferrer noopener">first foreign trip</a> since taking office, he will attend the <a href="https://www.elysee.fr/en/sommet-pour-l-action-sur-l-ia" target="_blank" rel="noreferrer noopener">AI Action Summit</a> in Paris and the annual <a href="https://securityconference.org/en/msc-2025/" target="_blank" rel="noreferrer noopener">Munich Security Conference</a>.

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