March 11, 2025: 11:00 p.m.:
March 11, 2025: Law & Congress Highlights
- The House narrowly passed a bill, 217-213, to fund federal agencies through September, aiming to prevent a government shutdown; its fate in the Senate remains uncertain.
- A House hearing ended abruptly after a heated exchange over addressing Rep. Sarah McBride, the first openly transgender member of Congress, highlighting ongoing tensions regarding gender identity in legislative proceedings.
- House Republicans voted 216-214 to block Congress’s ability to quickly challenge President Trump’s tariffs, affecting financial markets and trade relations with key partners like Mexico and China.
- The House held a hearing on modernizing payments, focusing on stablecoins and anti-money laundering measures, discussing the updated STABLE Act draft and the balance between innovation and regulation in the crypto space.
- Senate Democrats deliberated their response to the House-passed funding bill, facing a choice between accepting the bill or risking a partial government shutdown as the current funding deadline approaches.
