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02/02/2026|1 minute read

Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session.

HEADLINES

  • Several government departments have shut down as of Saturday, fallout from the deaths of two Americans in Minnesota at the hands of federal agents.
  • Lawmakers are working toward reopening most of the closed agencies while negotiating reforms to immigration enforcement.
  • The White House has hinted at policy announcements on prescription drug costs and other economic news from President Donald Trump.

HOUSE

  • The House will be in session today through Thursday, voting on Senate-approved funding legislation to reopen government agencies that have shut down, with the exception of the Homeland Security Department.
  • The Financial Services Committee on Wednesday will receive the Financial Stability Oversight Council’s (FSOC) Annual Report to Congress in testimony from Treasury Secretary Scott Bessent.
  • Also Wednesday, the Energy & Commerce Subcommittee on Communications & Technology will hold a hearing on reauthorization of the FirstNet wireless program for first responders.
  • The full schedule of House committee activity can be found here.

SENATE

  • The Senate will resume consideration of President Donald Trump’s judicial nominees.
  • The Health, Education, Labor, and Pensions Committee will hold a hearing tomorrow on modernizing the National Institutes of Health with Director Jay Bhattacharya.
  • Thursday, Bessent will appear at the Banking Committee to deliver FSOC’s report.
  • The full list of Senate committee meetings can be found here.

WHITE HOUSE

  • Trump has no public events scheduled today and the White House has not yet released the rest of the week’s schedule.
  • He plans to make announcements on drug prices and other economic matters, according to Press Secretary Karoline Leavitt.

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