Gotta Get Through January

06 Jan Gotta Get Through January

Welcome to 2020! While we have avoided the possibility of the government being shut down until at least this fall, January 2020 brings with it a different type of stalemate with the Senate impeachment trial of President Trump currently in limbo. However, with Congress returning to town after the holiday break, there likely will be more activity towards getting this resolved. In the meantime, the Senate will carry-on with “ordinary business,” and the House also will attempt to get back to regular order, but the recent news in Iran likely will be front and center in both chambers. On the financial services front, House Financial Services Committee Chair Waters (D-CA) released her January agenda over the weekend, while the impeachment trial uncertainty has kept the Senate Banking Committee from posting anything to its schedule for the month. Additionally, the political calendar will start to move quickly once we hit early February as the Iowa caucuses will begin the true sprint towards November, closing the already tight legislative calendar for the year. We cover these and other issues below in a preview of what we believe will be the focus in Washington for January, subject as always to external or unexpected events that could disrupt the schedule.