Adam S. Olsen- Washington, D.C.
July 26, 2022

The bipartisan bill to bolster domestic semiconductor manufacturing and boost U.S. competitiveness with China has cleared a key Senate vote this morning 64-32, setting it up for final passage in the upper chamber in the coming days.  The cloture vote to break the legislative filibuster was originally set for Monday evening but had to be… Read More

Adam S. Olsen- Washington, D.C.
July 25, 2022

The Senate will reconvene at 3:00 P.M. to continue working through legislative items it hopes to accomplish before adjourning next Friday, August 5th until September 6th. The Senate will take up a procedural vote this evening that will determine the future of the bill that would pump $52 billion into the domestic semiconductor industry. The… Read More

Adam S. Olsen- Washington, D.C.
July 22, 2022

Both the House and Senate are not in session today.  The Senate will reconvene at 3:00 P.M. on Monday, July 25th, while the House will return on Tuesday, July 26th at 6:30 P.M.  The House is expected to recess next Friday, July 29th and not return for votes until September 13th. When the Senate reconvenes… Read More

Adam S. Olsen- Washington, D.C.
July 21, 2022

The Senate convened at 10:00 A.M. and resumed consideration of the Message accompanying H.R.4346, the legislative vehicle for the CHIPS+ legislation.  Senate Majority Leader Chuck Schumer (D-New York) filed cloture on the bill aimed at boosting the U.S. semiconductor industry on Wednesday night setting up pivotal test votes next week.  The Senate “chips-plus” bill includes… Read More

Adam S. Olsen- Washington, D.C.
July 20, 2022

The Senate reconvened at 10:00 A.M. after voting last night to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China.  The bill cleared a key procedural hurdle Tuesday evening in a 64-34 vote even as lawmakers worked to finish various sections of the legislation.  The bill, which would provide… Read More

Adam S. Olsen- Washington, D.C.
July 19, 2022

The Senate convened at 10:00 A.M. and is expected to take an important procedural vote on a bill that would authorize more than $50 billion in subsidies and tax credits for U.S. chip makers.  The measure, known as the Chips for America Act, is a pared-down version of a broader set of bills designed to… Read More

Adam S. Olsen- Washington, D.C.
July 14, 2022

Senator Joe Manchin (D-West Virginia) on Wednesday paused negotiations with Senate Majority Leader Chuck Schumer (D-New York) on the budget reconciliation bill saying that it “needs to be scrubbed much better” after a new report showed that inflation hit 9.1 percent in June.  Manchin said he’s not sure if he can agree to anything beyond… Read More

Adam S. Olsen- Washington, D.C.
July 13, 2022

In the Senate, discussions continue between Senate Majority Leader Chuck Schumer (D-New York) and Senator Joe Manchin (D-West Virginia) on the party-line economic reconciliation package to lower drug prices and raise taxes on high earners that utilize pass through corporations, despite Senate Minority Leader Mitch McConnell’s (R-Kentucky) threat to block the China-centric measure if Democrats… Read More

Adam S. Olsen- Washington, D.C.
July 12, 2022

Both the Senate and House are back in session today after the July Fourth recess.  The Senate is expected to be in session until Friday, August 5th and the House until Friday, July 29th before leaving for August recess. Over the weekend, Senate Majority Leader Chuck Schumer (D-New York) announced progress over recess in negotiations… Read More

Adam S. Olsen- Washington, D.C.
June 24, 2022

Ending the June work period, last night the Senate approved the bipartisan legislation aimed at keeping firearms out of the hands of dangerous people, after a small group of Republicans joined Senate Democrats to break through their party’s longstanding blockade of gun safety measures.  The Senate passed the measure 65 to 33, with 15 Republicans,… Read More