Senators urge airlines to address growing delays and cancellations
The Hill – June 29, 2022
As airlines continue to cancel hundreds of flights due to staff shortages ahead of the Fourth of July weekend, a group of senators is urging them to address scheduling issues. Sens. Ed Markey (Mass.) and Richard Blumenthal (Conn.) wrote letters to 10 major domestic airlines on Wednesday requesting they provide data by mid-July to Congress about cancellations, delays and how many passengers received refunds or were rebooked.
Key Lawmaker: Digital Passport Only Way to Deter Crypto Use for Ransomware Attacks
NextGov – July 1, 2022
During a hearing that highlighted the dual-sided implications technology often creates for privacy and security, Rep. Bill Foster, D-Ill., promoted the idea of regulating cryptocurrency exchanges by implementing a digital passport, saying it’s the only way to make the industry less attractive to perpetrators of ransomware attacks and other transnational crime.
The lore of ‘CODELs’: How foreign travel helps Congress at home
Politico – Juy 5, 2022
On paper, CODELs allow lawmakers to travel abroad to meet with world leaders, diplomats and advocates on any number of national security topics. But in practice, lawmakers who join them spend tenfold the amount of time together than they do on the Hill each week while running between committees, staff meetings and votes. The rigid, often scripted nature of their typical day-to-day essentially disappears, allowing CODELs to function as a counterweight to domestic polarization.
Chipmakers and Congress Play a $52 Billion Game of Chicken
Washington Post – July 5, 2022
The global semiconductor industry has gone from imploring the US government to hand out corporate welfare, to threatening the cancellation of investments should the money not come through. They’re desperate moves that belie the tenuous economics upon which an American chip revival is being built, and Congress’s willingness to risk credibility to gain political points. The Creating Helpful Incentives to Produce Semiconductors for America Act — the CHIPS Act — was passed as part of a national defense bill 18 months ago, but didn’t actually include funding. Separate bills — the Senate’s USICA and the House’s Competes Act — would appropriate funds for the measures outlined in CHIPS. But these two bills don’t match up, so lawmakers are trying to hash out a compromise that would get the money flowing.
Sen. Lindsey Graham plans to fight Georgia subpoena
Roll Call – July 6, 2022
Sen. Lindsey Graham intends to fight a subpoena for his testimony in a Georgia investigation over potential criminal interference in the state’s 2020 election, according to a statement from his attorneys. A special grand jury in Fulton County, Ga., wants the South Carolina Republican to testify about at least two December phone conversations he had with Secretary of State Brad Raffensperger and Raffensperger’s staff following former President Donald Trump’s loss in 2020.
For chips and budget packages, Democrats face choices
Roll Call – July 6, 2022
After letting the Kentucky Republican’s comments sink in over the July Fourth holiday, we spoke to some veteran Washington hands about possible pathways for Democratic leaders to salvage both the competitiveness package and a skinnier version of their partisan budget reconciliation package. Getting both done before the August recess became more difficult after McConnell’s threat. However, there is another avenue for Democrats to have their cake and eat it too, if fraught with peril.
Dems' climate and tax agenda to consume Congress in July
Politico – July 7, 2022
Talks between Majority Leader Chuck Schumer and Sen. Joe Manchin (D-W.Va.) are beginning to yield concrete results on a potential climate, tax and prescription drugs package. Schumer told Senate Democrats recently that if he can reach a deal with Manchin, the bill could be on the floor as soon as this month, according to a person familiar with the negotiations.
We can do more than we think without a Fed digital dollar
The Hill – July 8, 2022
Should the Federal Reserve issue a new central bank digital currency (CBDC)? A recent “white paper” issued by Rep. Jim Himes (D- Conn.) argues the answer is yes. It outlines the objectives and characteristics of the new Fed digital dollar Himes envisions authorizing in legislation yet to be introduced.
Welcome to FiveThirtyEight’s 2022 midterm forecast!
Republicans are favored to win the House, while the Senate is a toss-up. How can this be? The national environment doesn’t look good for Democrats, which is why we expect Republicans to make gains in the House — even though those gains might not be historic. But in the Senate, candidate quality matters a lot more, and this could prove to be a silver lining for Democrats. It’s a similar story in the 36 races for governor. Remember, though, we’re still four months away from Election Day, so there’s still plenty of time for things to change.