Who Knows What Tomorrow May Bring?

30 Apr Who Knows What Tomorrow May Bring?

Congress returns today from its two-week spring recess for a four-week work period leading into summer and the Memorial Day holiday. With only eleven work weeks before the House breaks for the August recess and less than two months until the first Democratic presidential debates for 2020, there’s a lot that has to be packed into May. While the appropriations process continues with the hopes of bills moving at least to the House Floor in the next few months, this month also will see continued repercussions from the Mueller Report with testimony later this week from Attorney General William Barr, a potential appearance by Mueller himself at some point in May and a fight over whether former White House Counsel Don McGahn and other White House aides will testify. Congressional committees have robust schedules planned (expected Senate Banking and House Financial Services Committees plans are below), and the regulators are also starting to look at 2020 and the need to have rules and regulations finalized by this time next year to thwart any potential Congressional Review Act challenges if there’s a new occupant in the White House in 2021. We highlight these and other issues below as we briefly preview what we believe will be the focus in Washington, subject as always to external or unexpected events that could disrupt the schedule.