Today’s Daily Update

TAKEAWAY: The House will meet today at 9:00 a.m. to consider the Expanding Access to Capital Act of 2023 (H.R. 2799). The Senate will convene today at 10:00 a.m. to resume consideration of the House Message to accompany the Consolidated Appropriations Act, 2024 (H.R. 4366).

The HOUSE

Yesterday

H R 2799  – Expanding Access to Capital Act of 2023
On agreeing to the Sherman amendment (H. Amdt. 855) – An amendment numbered 5 printed in Part B of House Report 118-407 to allow an individual to invest not more than 5 percent of the net worth of the individual excluding the individual’s primary residence in any one private offering. To limit the aggregate investment of the individual in private offerings to 25 percent of the net worth of the individual excluding the individual’s primary residence.
Failed by recorded vote: 203 – 223 (Roll no. 72).

On agreeing to the Wagner amendment (H. Amdt. 854) – An amendment numbered 4 printed in Part B of House Report 118-407 to allow a closed-end investment company, an entity that invests in securities using money raised in its initial public offering, to invest its assets in securities issued by private funds.
Agreed to by recorded vote: 270 – 154 (Roll no. 71).

On agreeing to the Lucas amendment (H. Amdt. 853) – An amendment numbered 3 printed in Part B of House Report 118-407 to amend Federal securities laws to allow 403(b) plans to invest in collective investment trusts (CITs) and insurance contracts that currently may be invested in by comparable retirement plans, such as 401(k)s.
Agreed to by recorded vote: 301 – 125 (Roll no. 70).

On agreeing to the Huizenga amendment (H. Amdt. 852) – An amendment numbered 2 printed in Part B of House Report 118-407 to direct the Securities and Exchange Commission to promulgate rules with respect to the electronic delivery of certain required disclosures to investors.
Agreed to by recorded vote: 269 – 153 (Roll no. 69).

On agreeing to the Lawler amendment (H. Amdt. 851) – An amendment numbered 1 printed in Part B of House Report 118-407 to clarify the definition of “general solicitation” and “angel investor” for purposes of the federal securities laws to ensure that startups can discuss their products and business plans at certain events, known as “demo days
Agreed to by recorded vote: 278 – 146 (Roll no. 68).

H R 3843 – Action for Dental Health Act
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 391 – 32 (Roll no. 67).

H R 7511 – Laken Riley Act
On passage Passed by the Yeas and Nays: 251 – 170 (Roll no. 66).

Today

The House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:00 a.m.
 
Legislation Considered Pursuant to a Rule:
Complete consideration of H.R. 2799 – Expanding Access to Capital Act of 2023 (Sponsored by Rep. McHenry / Financial Services Committee

The SENATE

Yesterday

Roll Call Votes

  1. Motion to invoke cloture on Executive Calendar #506 Adrienne Jennings Noti, of the District of Columbia, to be an Associate Judge of the Superior Court of the District of Columbia for the term of fifteen years; invoked: 52-46.
  2. Passage of S.3853, Radiation Exposure Compensation Reauthorization Act (60 vote threshold); passed: 69-30.
  3. Confirmation of Executive Calendar #506 Adrienne Jennings Noti, of the District of Columbia, to be an Associate Judge of the Superior Court of the District of Columbia for the term of fifteen years; confirmed: 51-45.

Legislative Business
Agreed to the motion to concur in the House amendment to S.992, I-27 Numbering Act

Executive Business
At a time to be determined by the Majority Leader in consultation with the Republican Leader, the Senate will vote on confirmation of the following nominations:

  1. Executive Calendar #532 Leon Schydlower, of Texas, to be United States District Judge for the Western District of Texas
  2. Executive Calendar #533 Ernest Gonzalez, of Texas, to be United States District Judge for the Western District of Texas

Confirmed the following nominations:
CONSUMER PRODUCT SAFETY COMMISSION
Exec. Cal. #360 – Douglas Dziak, of Virginia, to be a Commissioner of the Consumer Product Safety Commission for the remainder of the term expiring October 26, 2024

FEDERAL COMMUNICATIONS COMMISSION
Exec. Cal. #280 – Fara Damelin, of Virginia, to be Inspector General, Federal Communications Commission

FEDERAL TRADE COMMISSION
Exec. Cal. #361 – Andrew N. Ferguson, of Virginia, to be a Federal Trade Commissioner for the unexpired term of seven years from September 26, 2016
Exec. Cal. #362 – Andrew N. Ferguson, of Virginia, to be a Federal Trade Commissioner for the term of seven years from September 26, 2023.
Exec. Cal. #363 – Melissa Holyoak, of Utah, to be a Federal Trade Commissioner for the unexpired term of seven years from September 26, 2018

FEDERAL TRADE COMMISSION
Exec. Cal. #359 – Rebecca Kelly Slaughter, of Maryland, to be a Federal Trade Commissioner for the term of seven years from September 26, 2022.

NATIONAL MEDIATION BOARD
Executive Calendar #258 – Loren E. Sweatt, of Virginia, to be a Member of the National Mediation Board for a term expiring July 1, 2023
Executive Calendar #259 – Loren E. Sweatt, of Virginia, to be a Member of the National Mediation Board for a term expiring July 1, 2026.

NATIONAL MEDIATION BOARD
Executive Calendar #118– Linda A. Puchala, of Maryland, to be Member of the National Mediation Board for a term expiring July 1, 2024
Executive Calendar #119 – Linda A. Puchala, of Maryland, to be Member of the National Mediation Board for a term expiring July 1, 2027
Executive Calendar #120 – Deirdre Hamilton, of the District of Columbia, to be a Member of the National Mediation Board for a term expiring July 1, 2025

THE JUDICIARY
Exec. Cal. #531 – Kelly Harrison Rankin, of Wyoming, to be United States District Judge for the District of Wyoming

Today

The Senate will resume consideration of the House Message to accompany H.R.4366, Consolidated Appropriations. The cloture motion on the motion to concur is set to ripen at 12:00 noon, but Senators should expect a Live Quorum at approximately 10:00am. Senators should report to the Senate floor at that time.

Discussions continue on a path to complete action on the appropriations bill. Additional votes are expected during Friday’s session. 

HEARINGS COVERED

Senate Budget 
“How Primary Care Improves Health Care Efficiency.”

House Ways and Means
“Markup of H.R. 7513”

House Financial Services
“Politicized Financial Regulation and its Impact on Consumer Credit and Community Development.”

House Ways and Means
Subcommittee on Tax
“OECD Pillar One: Ensuring the Biden Administration Puts Americans First.”

House Foreign Affairs
Subcommittee on Western Hemisphere
“The Agents of Antisemitism in Latin America.”

LEGISLATION INTRODUCED

Cybersecurity

S.3893 — 118th Congress (2023-2024)
A bill to amend the Food and Nutrition Act of 2008 to require the promulgation of cybersecurity and digital service regulations relating to the use of EBT cards under the supplemental nutrition assistance program, and for other purposes.
Sponsor: Wyden, Ron [Sen.-D-OR] (Introduced 03/07/2024) Cosponsors: (2)
Committees: Senate – Agriculture, Nutrition, and Forestry
Latest Action: Senate – 03/07/2024 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

H.R.7585 — 118th Congress (2023-2024)
To amend the Food and Nutrition Act of 2008 to require the promulgation of cybersecurity and digital service regulations relating to the use of EBT cards under the supplemental nutrition assistance program, and for other purposes.
Sponsor: Kim, Andy [Rep.-D-NJ-3] (Introduced 03/07/2024) Cosponsors: (1)
Committees: House – Agriculture
Latest Action: House – 03/07/2024 Referred to the House Committee on Agriculture.

Financial Services

H.R.7579 — 118th Congress (2023-2024)
To amend the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to establish goals for the use of diverse investment advisers, brokers, and dealers in investment management agreements related to the Board of Governors unusual and exigent circumstances authority, and for other purposes.
Sponsor: Beatty, Joyce [Rep.-D-OH-3] (Introduced 03/07/2024) Cosponsors: (0)
Committees: House – Financial Services
Latest Action: House – 03/07/2024 Referred to the House Committee on Financial Services.

Health Care

S.Con.Res.30 — 118th Congress (2023-2024)
A concurrent resolution expressing support for the recognition of March 10, 2024, as “Abortion Provider Appreciation Day”.
Sponsor: Hirono, Mazie K. [Sen.-D-HI] (Introduced 03/07/2024) Cosponsors: (15)
Committees: Senate – Health, Education, Labor, and Pensions
Latest Action: Senate – 03/07/2024 Referred to the Committee on Health, Education, Labor, and Pensions.

H.Con.Res.95 — 118th Congress (2023-2024)
Expressing support for the recognition of March 10, 2024, as “Abortion Provider Appreciation Day”.
Sponsor: Pressley, Ayanna [Rep.-D-MA-7] (Introduced 03/07/2024) Cosponsors: (0)
Committees: House – Energy and Commerce; Judiciary
Latest Action: House – 03/07/2024 Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary.

S.3892 — 118th Congress (2023-2024)
A bill to amend titles XVIII and XIX of the Social Security Act to increase access to community health workers under the Medicare and Medicaid programs.
Sponsor: Casey, Robert P., Jr. [Sen.-D-PA] (Introduced 03/07/2024) Cosponsors: (0)
Committees: Senate – Finance
Latest Action: Senate – 03/07/2024 Read twice and referred to the Committee on Finance.

Sanctions and Trade

H.R.7578 — 118th Congress (2023-2024)
To direct the Assistant Secretary of Commerce for Communications and Information to submit to Congress a report containing an assessment of technologies available to increase the security and resiliency of the communications networks of Taiwan, including through the development of redundancies, and for other purposes.
Sponsor: Allen, Rick W. [Rep.-R-GA-12] (Introduced 03/07/2024) Cosponsors: (1)
Committees: House – Foreign Affairs
Latest Action: House – 03/07/2024 Referred to the House Committee on Foreign Affairs.

Tax

H.R.7577 — 118th Congress (2023-2024)
To amend the Internal Revenue Code of 1986 to treat energy efficient kegs as efficient commercial building property for purposes of the energy efficient commercial buildings deduction.
Sponsor: LaHood, Darin [Rep.-R-IL-16] (Introduced 03/07/2024) Cosponsors: (1)
Committees: House – Ways and Means
Latest Action: House – 03/07/2024 Referred to the House Committee on Ways and Means.

Transportation

H.R.7587 — 118th Congress (2023-2024)
To direct the Secretary of Transportation to issue a notice of proposed rulemaking with respect to categorical exclusions of the Maritime Administration, and for other purposes.
Sponsor: Peltola, Mary Sattler [Rep.-D-AK-At Large] (Introduced 03/07/2024) Cosponsors: (1)
Committees: House – Transportation and Infrastructure; Natural Resources
Latest Action: House – 03/07/2024 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Natural Resources.