Senate Passes Bank Deregulation Bill, House May Seek Additions
More than a dozen Democratic senators joined all Republicans

Senate Banking Chairman Michael D. Crapo sponsored the measure that would ease regulations on all but the biggest banks. (Tom Williams/CQ Roll Call file photo)

The Senate voted Wednesday to pass a bill that would be the biggest bank deregulation since 1999 and would roll back parts of the 2010 Dodd-Frank financial overhaul.

More than a dozen Democrats joined the Republicans to pass the bill, sending it to the House, where conservative Republicans may seek to attach further provisions to roll back the 2010 law. Republicans will be trying to straddle the line between the extensive reversal of bank regulation that they seek and keeping on board the Senate Democrats who will be needed to clear the measure.

Senators Will Vote on Pulling Troops Out of Yemen, But When
Resolution could reach the floor this week, if there’s time

Sen. Mike Lee is said to be eager to get a vote on the Yemen resolution this week. (Bill Clark/CQ Roll Call file photo)

A resolution that would direct the withdrawal of U.S. forces from ongoing hostilities in Yemen is ripe for Senate action, but the clogged calendar means supporters might not immediately get it to the floor.

The question may be how to shoehorn the measure on to the schedule before the next recess.

Congress, Waiting for an Omnibus to Arrive
Senate staying on banking legislation, House looks at votes on guns

Lawmakers could get their first look at an omnibus spending bill this week.. (Bill Clark/CQ Roll Call)

Keep an eye out for the release of a $1.3 trillion omnibus spending bill this week. Negotiators are aiming to complete work on the sprawling bill and pass it before March 23, when the fifth stopgap funding measure of the fiscal year expires.

The bipartisan budget deal enacted last month freed up an additional $143 billion for discretionary programs in fiscal 2018 — $80 billion for defense and $63 billion for nondefense accounts.

One Gun Control Bill Has 60 Votes in the Senate — Now What?
Current floor schedule may prevent timely consideration of legislation

Sen. John Cornyn, R-Texas. (Tom Williams/CQ Roll Call file photo)

Gun-related legislation backed by President Donald Trump now has enough support to clear the Senate, increasing pressure on Majority Leader Mitch McConnell of Kentucky to schedule a vote on the measure.

The bill from Senate Majority Whip John Cornyn of Texas and Sen. Christopher S. Murphy, D-Conn., that would enforce existing law related to the National Instant Criminal Background Check System has 60 additional cosponsors as of Friday, an aide confirmed.

Banking Debate Splits Democrats, but They Might All Win
Friends or foes hope to capitalize on the topic

Sen. Heidi Heitkamp of North Dakota is one of several Democrats who helped negotiate the bipartisan banking bill. (Bill Clark/CQ Roll Call)

Senate Democrats might all be winners in the chamber’s debate this week on curtailing some provisions of the Dodd-Frank regulatory overhaul.

On the one hand, progressives can again prove their bona fides as voices against big financial institutions, while more conservative Democrats on the ballot in 2018 from largely rural states can boast they are making the Senate work to support their community banks.

Fed Chairman Weighs in on Financial Deregulation Bill Set for Senate Debate
Senate set to consider measure on the floor next week

Federal Reserve Chairman Jerome Powell made his first appearances as head of the central bank before Congress this week.(Tom Williams/CQ Roll Call)

Federal Reserve Chairman Jerome Powell used his first appearance before the Senate Banking Committee to endorse the main features of a financial deregulation bill that the Senate is set to debate on the floor next week. 

Powell told the panel Thursday that the “most significant” provision in the bill is the replacement of the Dodd-Frank threshold for stringent Fed regulation of banks. The 2010 Dodd-Frank law put the threshold at $50 billion in assets. The bill would raise that to $250 billion, and reduce the number of banks effected from 44 to 13.

Senators Rebuke GSA, FBI Over Handling of FBI Headquarters
Abrupt abandonment of years-long process to relocate miffs lawmakers

The front of the J. Edgar Hoover FBI Building on Pennsylvania Avenue, NW. (Tom Williams/CQ Roll Call file photo)

Republican and Democratic senators on Wednesday blasted the General Services Administration and the FBI over costs, press leaks and changes in security requirements in its redrawn plan for a new FBI headquarters.

Senate Environment and Public Works Chairman John Barrasso complained at a hearing that senators learned of the GSA’s abrupt cancellation of a previous FBI plan last year through press reports rather than from the agencies. He also cited the missed deadlines on that plan, which had been more than a decade in the making.

Congressional Offices Announced as Democracy Award Finalists to Help Establish Trust in Congress
Congressional Management Foundation picks finalists in four categories

Arizona Rep. David Schweikert and Washington Rep. Cathy McMorris Rodgers, right, are among the finalists. (Tom Williams/CQ Roll Call file photo)

To try to “restore a little faith” in Congress, the Congressional Management Foundation on Friday announced the finalists for its first Democracy Awards.

The organization chose its finalists for their focus on constituent services, their workplace environment, innovation, and transparency.

White House: ‘No’ Chance Ivanka Trump Meets With North Korean Officials
President’s daughter is leading U.S. delegation to Winter Olympics closing ceremony

Ivanka Trump at a State Department ceremony last June. She is leading the official U.S. delegation to the Pyeongchang Games’ closing ceremony. (Photo by Win McNamee/Getty Images)

Ivanka Trump is not expected to meet with any North Korean officials later this week when she leads the White House’s official delegation to the closing ceremony for the Winter Olympic Games.

Asked if the president’s daughter and senior adviser could meet with North Korean officials while in Pyeongchang, South Korea, a senior official replied, “No.”

Spotlight on House After Senate Failure to Pass DACA Fix
White House puts pressure on House Republicans to advance conservative bill

Speaker Paul D. Ryan has said the House will only take up an immigration bill if it has President Donald Trump’s support. (Tom Williams/CQ Roll Call)

The Senate’s failure to advance immigration legislation last week took some pressure off House Republican leaders whose members wanted to ensure their chamber would offer a conservative counterproposal rather than just accept whatever the Senate produced.

But the White House — blamed by Democrats for killing a bipartisan Senate measure they believe could have cleared a 60-vote threshold without administration interference — is trying to keep the heat on the House.