On July 25, 2023, the Senate voted 91 to 6 to approve the Outbound Investment Transparency Act as an amendment to the National Defense Authorization Act. The legislation was proposed by Sens. John Cornyn (R-TX) and Bob Casey (D-PA). It would require companies to disclose investments or acquisitions involving entities in China, Russia, Iran, and
When Congress returns this week, it will have a lengthy agenda waiting. The U.S. House of Representatives is only scheduled to be in session for six more weeks prior to the election, and the U.S. Senate for eight weeks before November. Time is of the essence.
Here is a snapshot of that agenda.
Every fall there is suspense on Capitol Hill relating to the Congressional agenda. Will Congress fund federal agencies in time to avoid a government shutdown? Which pieces of major legislation will pass? It is always a time of uncertainty.
However, there seems to be one constant that almost always receives bipartisan, bicameral support. Since 1961,