Washington on One - June 1, 2026

DGA GROUP GOVERNMENT RELATIONS

WEEKLY UPDATE   · May 22-31, 2006

Federal affairs intelligence for clients, prospects, and friends.

THE LEDE — Return-Week Priorities

1.  The Iran war returns to the floor. Both chambers come back with war-powers measures queued. The Senate’s Kaine resolution cleared a procedural vote 50–47 on May 19 with three Republicans absent; leaders are betting improved attendance flips a repeat vote this week, where a 50–50 tie kills it on VP Vance’s gavel. The House’s shelved Meeks measure resurfaces with the chamber’s first recorded votes Wednesday. A tentative U.S.–Iran agreement was reported Thursday but is unsigned. The whip count runs on the gas pump as much as the merits — national gasoline is ~$4.33/gal.

2.  Reconciliation 2.0 is still jammed on the $1.8B “anti-weaponization fund.” The party-line immigration-enforcement package can’t find a clean 50-vote start while the fund — created when Trump dropped his IRS suit — hangs over it. Two Friday court actions deepened the mess: one judge froze the fund, another signaled she may reopen the original lawsuit. Treasury Secretary Bessent’s back-to-back hearings (Senate Finance Wednesday, Ways & Means Thursday) are the pressure points.

3.  Trade enforcement hardens on two fronts. DOJ moved Friday to appeal the order requiring refunds of >$160B in invalidated tariffs, reintroducing uncertainty just as money had started flowing; CBP’s commissioner is ordered to a June 9 court hearing. Separately, BIS issued weekend guidance reaffirming that advanced-AI-chip exports to Chinese firms’ overseas affiliates still require licenses — tightening a gap that may have moved hundreds of thousands of restricted chips.

4.  The Primary map and money fights accelerated ahead of Tuesday. A Texas primary runoff resolved over the week — fueling a crypto-PAC victory lap and an ActBlue surge — while Louisiana passed a new map cutting a majority-Black district and Alabama asked the Supreme Court to reinstate a similar GOP map.

What Moved Over the Weekend

•    BIS tightened chip enforcement (Sunday). Commerce clarified that licenses remain required for advanced AI chips bound for Chinese companies and their affiliates abroad — explicitly including operations in Malaysia and Thailand — because the rule predates the dormant AI diffusion framework.

•    DOJ will appeal the tariff-refund order (Friday). The move clouds repayment of >$160B; CIT had spared importers from suing individually, and CBP Commissioner Rodney Scott is ordered to a June 9 hearing to explain the agency’s repayment plan.

•    Two court hits on the anti-weaponization fund (Friday). Judge Brinkema (E.D. Va.) froze any transfer or payout; Judge Williams (S.D. Fla.) signaled she may reopen Trump’s original IRS suit, giving his lawyers until the end of next week to answer “grievous allegations” of collusion.

•    USTR opened a third Section 301 probe into Vietnam (Friday). This one targets IP protection and enforcement, atop existing forced-labor and excess-capacity investigations; Vietnam was named a “priority foreign country” in April.

•    Iran: tentative deal, fresh violation, no signature. An administration official confirmed a tentative agreement Thursday; hours earlier CENTCOM accused Iran of an “egregious ceasefire violation.” Trump told Fox on Saturday he is in “no hurry.” ~50,000 U.S. troops remain in theater.

•    AUKUS signed an underwater-drone agreement (weekend). The U.S., U.K., and Australia agreed to co-develop uncrewed underwater capabilities for seabed-infrastructure protection and anti-submarine warfare; first capabilities expected by 2027.

•    Utah issued a data-center framework (Friday). Gov. Cox signed an executive order to hold down utility rates and protect Great Salt Lake water — the latest state framework after Pennsylvania’s and New Jersey’s last month.

•    Powell drew a line on Fed independence (Sunday). The chair warned the Fed’s credibility “would be lost” if a president could fire central-bank officials over policy disagreements.

•    SEC moved to kill its climate-disclosure rules. The commission is formally seeking to repeal the greenhouse-gas and climate-risk reporting requirements for public companies, calling them a “dramatic overreach.”

Feature —

The Iran War Returns to the Floor — With Oil as the Whip Count

Both chambers face war-powers votes this week. The framework that could defuse them is real but unsigned — and the politics now run through the gas pump.

Congress is forced back onto the Iran question. The Senate’s Kaine resolution — which would pull U.S. forces from Iran operations absent congressional authorization — advanced 50–47 on May 19 with three Republicans absent; leadership is wagering that fuller attendance reverses the result, and a 50–50 tie would sink it with Vice President Vance breaking it. In the House, the Meeks measure shelved before a May 21 vote can’t be deferred forever; members hold their first recorded votes Wednesday, and the war vote is expected then.

The variable that could drain the votes is the framework itself. An administration official confirmed a tentative agreement Thursday — hours after CENTCOM accused Iran of an “egregious ceasefire violation” in a spate of missile and drone launches. Trump told Fox on Saturday he is in “no hurry,” and the White House says no final decision has been made. The conflict began February 28; the administration dates a ceasefire to April 8; ~50,000 troops remain deployed.

Underneath the politics is an oil shock that won’t fully relent. Crude slipped below $88 Friday on deal optimism, but executives are openly preparing consumers for higher prices: Chevron’s CEO called June and July “critical months” for fuel, and one executive warned the price shock is “a lagging effect” that arrives even if Hormuz reopens. National gasoline sits near $4.33/gal and diesel near $5.48, with Western Canada wildfires and a possible Russian export pause as additional risks.

Trump added a fresh sticking point Sunday, asserting that no single nation will control the Strait of Hormuz — the choke point the framework is meant to reopen — and casting doubt on an immediate breakthrough. The picture on the water is improving only slowly: roughly a quarter of the non-Iranian large tankers trapped in the Gulf at the war’s outbreak have managed to slip out in a stealthy trickle.

The defense calendar amplifies all of it. HASC marks up its ~$1.15T NDAA Thursday, and the bill is already drawing intraparty friction — Rep. Massie has threatened a floor amendment to strip a U.S.–Israel military-integration provision. Secretary Rubio testifies four times Tuesday and Wednesday across the Iran budget and policy hearings.

DGA VIEW

A signature deflates the war-powers push, eases oil, and reshapes the midterm backdrop in a single stroke; a collapse makes Wednesday’s House vote the defining story of the week and keeps a Fed rate-hike bias alive. The binary resolves on Trump’s signature, not the negotiators’ mood. Energy-, defense-, and trade-exposed sectors should plan for both branches simultaneously — the oil pass-through to input and freight costs is the channel that reaches the broadest set of businesses regardless of how the vote lands.

Feature

A Do-Over Week With No Margin

The Senate is the only game in town until Wednesday. Leaders want reconciliation, appropriations, and an NDAA markup in the same five days. The math says something slips.

Republicans return to a self-inflicted jam. The party-line immigration-enforcement package should have been unifying, but the $1.8B anti-weaponization fund — drawn from the settlement of Trump’s suit against the IRS — has stalled a clean 50-vote start. Friday’s twin court actions cut both ways: the freeze gives leadership cover to proceed without the fund as an immediate liability, while the move to reopen the original case keeps the issue radioactive. Senators want the administration to cabin or scrap the fund; the White House hasn’t supplied language.

The rest of the week is a pileup. The House floor takes up the GOP Agriculture-FDA bill (a ~3% FY27 ag cut) and the bipartisan Geothermal Energy Advancement Act (H.R. 5631) under suspension. House Appropriations marks up Interior-Environment and T-HUD on Wednesday; Senate Appropriations begins its FY27 cycle Thursday with Agriculture-FDA, Legislative Branch, and Commerce-Justice-Science. HASC’s NDAA marathon lands Thursday. House Energy & Commerce holds a federal data-privacy hearing Wednesday. Bessent testifies twice.

This is the opening of a two-month sprint before the August recess, after which fall campaigning grinds substantive work to a halt. Lawmakers are also eyeing the defense policy bill, a highway reauthorization, water-resources legislation, the farm bill, and a perennial permitting deal — with a third reconciliation package floated for August. The calendar cannot absorb it all.

DGA VIEW — With the Senate the only chamber moving until Wednesday, sequencing is the whole story — and appropriations is the work most likely to slip. Reconciliation 2.0 and the NDAA markup carry the harder deadlines and the sharper political stakes, so the FY27 bills are the swing variable, which matters because this week's markup margins are the cleanest early read on which measures can survive the floor. For clients with appropriations exposure — critical minerals in Energy-Water, nutrition and Medicaid in Ag-FDA and Labor-HHS, EPA-sensitive accounts in Interior-Environment — the risk is less any single bad number than a compressed calendar that shoves substantive fights into July and raises the odds of an omnibus or CR endgame in the fall. The tell is whether leadership protects markup time or lets it bleed into the reconciliation floor process; that choice signals how much of the FY27 cycle actually clears before the August recess shuts the window.

Beyond the Hill

DOJ / Courts

Two Friday setbacks for administration projects. In the fund litigation, Brinkema blocked any payout pending a longer review; in the tariff case, DOJ said it will appeal the refund order even as CIT ordered CBP’s commissioner to a June 9 hearing to explain how it will repay all eligible importers. A refund portal had launched April 20, and importers had described the process as orderly — until Friday reopened the timing question on tens of billions in liquidated entries. A Washington judge separately blocked the Kennedy Center board from closing the venue for renovations and renaming it for the president.

Trade & Export Controls

Beyond the chip guidance and the third Vietnam 301 probe, K Street is increasingly optimistic that the administration’s vague “Board of Trade” concept could become a real channel for U.S.–China tariff relief; trade groups are preparing comments. And the administration signaled it wants autos under USMCA to be at least 50% U.S.-made — a content-rule marker for cross-border manufacturing. Cross-border politics are heating up independently: Mexico’s president accused Washington of interfering in her country’s affairs through high-profile U.S. indictments, warning against DOJ becoming “the main decision-maker in Mexico.” On the data, the April merchandise-trade deficit narrowed as record energy exports offset a continued surge in AI-related capital-goods imports, and the administration began removing some Taiwan tariffs to implement an agreed trade deal.

Energy & the Grid

FERC Commissioner LaCerte previewed a forthcoming rule to govern how hyperscaler data centers connect to the grid — a Trump-administration priority — and vowed tighter oversight of PJM, whose 40M customers face rising prices. Separately, Interior issued two NEPA categorical exclusions for hydropower work, and DOE’s NETL opened an RFI to build the dataset for the Prove It Act’s carbon-border study (the EU’s CBAM covers steel, cement, aluminum, iron, fertilizers, and electricity).

Agencies & Agriculture

Agriculture Secretary Rollins touted cutting USDA from ~100,000 to ~80,000 employees and predicted fertilizer and fuel prices would fall “immediately” once Hormuz reopens — against expert estimates of a months-long normalization. Senate Ag’s ranking member and 19 Democrats objected to a Food Safety and Inspection Service reorganization, and USDA posted specialty-crop bridge-payment rates Friday.

Defense & China

A $14B Taiwan arms package — more than half of it in-demand Patriot interceptors and an air-defense integration system — has become a flashpoint in U.S.–China relations, even as the U.S. military quietly pursues warship-killing bombs and advanced sea mines to deter or fight China over Taiwan. The Taiwan-tariff rollback (above) runs alongside this harder security track.

Federal Reserve & Markets

Jerome Powell warned in a Sunday speech that the Fed’s credibility “would be lost” if a president could dismiss central-bank officials over policy disagreements — a pointed marker amid the oil-driven inflation backdrop. In markets, SpaceX’s expected record IPO is reorganizing parts of Wall Street and drawing retail demand. And grocery prices are set to climb into the midterms as weather, tariffs, a shrinking cattle herd, the Iran war, and a possible El Niño stack up.

Politics & Elections

Tuesday’s six-state primary slate is covered in its own section below. The surrounding money and map fights: redistricting continued, with Louisiana passing a new map Friday that eliminates a majority-Black district and Alabama asking the Supreme Court to reinstate a GOP map that would do the same — each a likely November pickup if upheld. The DNC left its 2028 early-calendar fight unresolved, ActBlue posted a surge tied to the Texas runoff, and the AI super-PAC “proxy war” between the two leading model developers is now a notable midterm money story.

Primaries — Tuesday, June 2

Six states vote Tuesday: California, Iowa, Montana, New Jersey, New Mexico, and South Dakota. The marquee contests sit in California and Iowa, with data-center/energy-cost backlash and affordability the throughlines across both parties. Crypto’s political machine is boosting roughly a dozen candidates across California, New Jersey, and South Dakota after its Texas win last week.

Governor

California (open; top-two). With Newsom termed out, a crowded nonpartisan primary sends the top two to November regardless of party. Recent public polling clusters around former HHS Secretary Xavier Becerra (D), conservative commentator Steve Hilton (R), and billionaire Tom Steyer (D), with Riverside County Sheriff Chad Bianco (R) and former Rep. Katie Porter (D) close behind. A Becerra-plus-a-Republican final is the likeliest shape, though a two-Democrat outcome remains live. Steyer is closing with an attack ad on Becerra; affordability, utility rates, and data centers dominate.

Iowa (open). With Gov. Reynolds retiring, the GOP field is led by Trump-endorsed Rep. Randy Feenstra; rival Zach Lahn is running on a statewide data-center moratorium — a clean marker of the intra-Republican fight over energy costs and the AI buildout.

South Dakota (GOP). Gov. Larry Rhoden, who ascended when Noem left for DHS, faces a competitive primary against executive Toby Doeden and House Speaker Jon Hansen for his first full term; a July 28 runoff follows if no one clears 35%.

New Mexico (open) also votes, with the seat open as Gov. Lujan Grisham is termed out.

Senate

Iowa (the headline). The Democratic primary pits state Rep. Josh Turek against state Sen. Zach Wahls, defined by an outside group (VoteVets) pouring ~$9.9M behind Turek — more than 3.5x the candidates’ combined spend — which Wahls casts as a Schumer-aligned thumb on the scale. Rep. Ashley Hinson is the unopposed GOP nominee; the Senate Leadership Fund has already committed $29M and the Schumer-aligned Senate Majority PAC $13.4M for the general.

New Jersey. Sen. Cory Booker is the presumptive Democratic nominee (the only Democrat to qualify for the ballot); four Republicans — Zdan, Tabor, Lebovics, and Murphy — compete to face him in a Democratic-leaning seat.

Montana & South Dakota. Montana features a lower-profile Democratic primary in which “mystery PAC” money is swirling around state Rep. Reilly Neill; in South Dakota, Sen. Mike Rounds (R) seeks a third term in a safe-R seat.

House

California, post-redistricting. Democrats see as many as five new pickup opportunities from the redrawn map, and two Democratic primaries stand out. In CA-22, progressive Randy Villegas challenges DCCC-backed Jasmeet Bains — a left-vs.-establishment test. In CA-11, retiring Speaker Emerita Nancy Pelosi is backing San Francisco Supervisor Connie Chan, while Justice Democrats co-founder Saikat Chakrabarti runs by attacking Pelosi directly.

Iowa. Feenstra’s run for governor leaves IA-04 open, drawing a Republican scramble in the deep-red district.

Read-through: These primaries set the board for the fall and the 2026 control math. The cross-party throughline most relevant to energy, technology, and infrastructure-exposed sectors is the data-center/energy-cost backlash now functioning as a litmus test in both primaries — a signal worth watching for how the eventual nominees frame buildout, ratepayer protection, and moratoria.

Sector Implications

Defense, Iran & War Powers   [ HOT ]

This week.  War-powers votes return in both chambers — House Wednesday, a Senate repeat this week off the 50–47 May 19 margin. The tentative framework could defuse them or, if it collapses, make them the headline. HASC marks up the ~$1.15T NDAA Thursday; an amendment fight looms over a U.S.–Israel integration provision. AUKUS’s new underwater-drone pact and the Army’s Ukraine-style “go fast” drone push round out the tech story. Rubio testifies four times Tue–Wed.

Next inflection.  Trump’s signature on the framework; whether GOP attendance flips the Senate vote; the NDAA amendment process (Israel integration, China-tech posture, shipbuilding).

Immigration & Reconciliation 2.0   [ HOT ]

This week.  The enforcement package is the Senate’s lead item but can’t clear a clean 50-vote start while the anti-weaponization fund hangs over it. Friday’s freeze offers cover; the move to reopen the original suit keeps it live. The White House still hasn’t supplied guardrail language, and only a handful of GOP defections could stall the floor process. Bessent testifies Wed/Thu.

Next inflection.  Whether the administration delivers fund restrictions before a vote-a-rama; any immigration riders attached to the enforcement vehicle.

Trade, Tariffs & Export Controls   [ HOT ]

This week.  DOJ’s refund appeal reopens uncertainty on >$160B; importers are weighing protective protests/suits to preserve access on liquidated entries before the June 9 CBP hearing. BIS’s weekend guidance reaffirms licensing for advanced-AI-chip shipments to Chinese affiliates abroad. USTR’s third Vietnam 301 (IP) and the proposed 50% USMCA-auto content rule add to the load, while the “Board of Trade” concept draws growing industry interest. U.S.–Mexico political friction is rising (interference accusations), even as the administration begins removing some Taiwan tariffs to implement a deal.

Next inflection.  The CBP commissioner’s June 9 testimony; whether a replacement chip framework finally emerges; comment windows on the Board of Trade and USMCA content rules.

AI, Data Centers & the Grid   [ HOT ]

This week.  FERC is preparing data-center interconnection rules as Commissioner LaCerte frames the backlash as “self-inflicted” and signals tighter PJM oversight. Data centers are now a primary-season issue: a statewide moratorium pitch in Iowa, a one-year pause floated in South Carolina, hedged “pause” positions in California, and a new Utah framework EO. House E&C holds a federal data-privacy hearing Wednesday; a member renews the call for federal AI guardrails.

Next inflection.  The FERC rule’s scope and PJM posture; how Tuesday’s gubernatorial primaries reward or punish moratorium positions; whether privacy/AI guardrail bills gain traction post-hearing.

FY27 Appropriations   [ WARM ]

This week.  House Appropriations marks up Interior-Environment and T-HUD on Wednesday; the House floor takes up Agriculture-FDA (a ~3% cut). Senate Appropriations begins its cycle Thursday with Ag-FDA, Legislative Branch, and Commerce-Justice-Science. EPA and arts cuts remain the live partisan fault lines, and WIC fruit-and-vegetable reductions are the nutrition flashpoint.

Next inflection.  Markup margins as a floor-viability tell; placement of the remaining bills (including Energy-Water) as the schedule firms.

Agriculture & MAHA   [ WARM ]

This week.  The MAHA movement is running a victory lap after the House stripped pesticide-labeling preemption from the farm bill (Luna amendment, 280–142 in April) and is warning the Senate not to restore it; Sen. Boozman says the language can’t get 60 votes. A California Democrat introduces six specialty-crop bills today, hoping for inclusion in the Senate farm bill. USDA continues a deep workforce drawdown.

Next inflection.  Whether Senate negotiators attempt to re-insert pesticide language; Boozman’s farm-bill text this month; specialty-crop provisions’ fate.

Tax & IRS   [ WARM ]

This week.  The IRS settlement remains the messiest item on the tax docket: the $1.8B fund is frozen, the original suit may reopen, and Bessent faces back-to-back hearings. A Wyden–Grassley IRS-whistleblower bill rolled out Friday with multiple paths to enactment (the House passed its version 346–10). The “Trump Accounts” management app for parents goes live Tuesday ahead of a July 4 program launch, with copycat state efforts emerging.

Next inflection.  Bessent’s Wed/Thu testimony; whether the fund is restructured or scrapped; a vehicle for the whistleblower bill.

Critical Minerals & Carbon Border   [ WARM ]

This week.  The NDAA mark flags critical-mineral refining/processing as an apt arena for DOD equity stakes — a potential domestic-demand signal. The Prove It Act’s CBAM study advances via DOE’s NETL RFI, with fertilizers among covered goods. Two Washington events this week (transatlantic critical-minerals cooperation Tuesday; cleanup-and-minerals as economic drivers Wednesday) keep the topic front-of-calendar.

Next inflection.  NDAA equity-stake language; the CBAM study’s data scope; any phosphate or processing trade-remedy developments as agency calendars firm.

Housing & Real Estate   [ WARM ]

This week.  No fresh federal action on the House-amended ROAD to Housing Act (H.R. 6644) in today’s sweep; it remains with the Senate. The live federal touchpoint this week is the House T-HUD markup Wednesday. At the state level, property-tax fights are intensifying — Florida’s governor proposed phasing out property taxes on most primary homes — alongside construction-incentive moves (MA, IL) and a WSJ editorial tying proposed slab-quartz tariffs to new-housing costs.

Next inflection.  Whether the Senate revisits institutional-investor language; T-HUD markup outcomes; tariff pass-through to construction inputs.

FCC & Media   [ STEADY ]

This week.  Petitions to deny ABC’s eight station-license renewals are due June 29; the chair forced the early renewals citing a DEI probe, and ABC filed Thursday while alleging overreach. Separately, a DOJ OLC opinion told the FCC to do more than collect SSNs to keep non-citizens out of the Lifeline subsidy program; the chair pledged “additional safeguards.” No Covered-List action this cycle.

Next inflection.  The June 29 petition deadline and any hearing-designation track; Lifeline eligibility safeguards.

Healthcare: Nutrition & Medicaid   [ STEADY ]

This week.  The House Agriculture-FDA floor bill carries contested WIC fruit-and-vegetable cuts to a program serving >6.5M; the health secretary said he was “not happy” with them. Medicaid is re-emerging as a midterm cudgel, with candidates running on last year’s reconciliation cuts and rural-provider strain. Separately, the top PBM lobby launches a seven-figure affordability ad campaign today as the industry pushes back on transparency pressure.

Next inflection.  WIC/Medicaid riders in the FY27 Labor-HHS bill; midterm messaging hardening into appropriations fights.

China Biotech & BIOSECURE   [ STEADY ]

This week.  No change in today’s sweep. BIOSECURE implementation continues; the OMB “companies of concern” list is due by December 2026, and the §1260H list has not been reissued.

Next inflection.  OMB list timeline; a §1260H refresh if formally republished; whether the NDAA’s China-tech posture touches biotech procurement.

Connected Vehicles & Autonomous Systems   [ STEADY ]

This week.  No direct legislative movement today. The Connected Vehicle Security Act and SELF DRIVE Act await committee scheduling; BIS ICTS enforcement dates sit in 2027–2029. The NDAA markup and BIS’s enforcement tightening are the relevant backdrop.

Next inflection.  Any Senate Commerce scheduling; NDAA provisions touching unmanned systems; how “foreign companies of concern” is scoped.

Digital Assets & Financial Services   [ WARM ]

This week.  More active than the legislative calendar suggests. Crypto’s political machine is boosting roughly a dozen candidates across Tuesday’s California, New Jersey, and South Dakota primaries after its Texas win, and the White House is reviewing a CFTC plan to oversee event/prediction-market contracts amid a state-federal jurisdiction fight. On disclosure, the SEC moved to repeal its climate-reporting rules as a “dramatic overreach.” CLARITY and GENIUS still await Senate floor windows.

Next inflection.  A summer Senate window for CLARITY and/or GENIUS; the CFTC event-contracts rule’s scope; how crypto’s primary spending converts to general-election leverage.

This Week — June 1–6

Mon 6/1	Senate in session; House out (returns Wednesday). A California Democrat introduces six specialty-crop bills. Evening Washington events on Iran (book talk) and U.S. foreign policy (Carnegie / British Academy).
Tue 6/2	Primary day — CA, NJ, IA. Rubio testifies on the FY27 State budget at Senate Foreign Relations (10 a.m.) and House Appropriations (2 p.m.). Senate Commerce holds a Coast Guard/fisheries hearing; the German Marshall Fund convenes a transatlantic critical-minerals discussion; Carnegie hosts a world-order conference.
Wed 6/3	House returns for first recorded votes — Iran war-powers vote expected. Floor: Agriculture-FDA and the geothermal bill (H.R. 5631) under suspension. House Appropriations full-committee markup: Interior-Environment and T-HUD (11 a.m.). House E&C federal data-privacy hearing and a Clean Air mobile-source hearing. Bessent at Senate Finance. Homeland Secretary Mullin at House Homeland.
Thu 6/4	HASC NDAA markup (10 a.m.). Senate Appropriations FY27 markups begin (Ag-FDA, Legislative Branch, CJS). Bessent at Ways & Means; Rollins at House Ag. HFAC hearing on Nicaragua; SFRC nominations vote; House Natural Resources federal-forests/wildfire hearing.
Fri 6/5	House Appropriations Homeland Security subcommittee markup (8 a.m.). Missile-defense and Russia/Ukraine discussions at think tanks.

Watch for.  Trump’s call on the Iran framework  ·  whether the White House supplies fund guardrails before a vote-a-rama  ·  the House war-powers vote Wednesday  ·  NDAA amendments (Israel integration, China tech)  ·  Tuesday primary results, especially Iowa’s Senate Democratic race.

Countdown Clock

Date	Sector	Event / Trigger
Jun 2	Elections	Primaries: CA, NJ, IA (Iowa Senate Dem: Turek vs. Wahls; outside money ~$9.9M)
Jun 3	Approps / Housing	House full-committee markups: Interior-Environment & T-HUD
Jun 3	Iran / War Powers	House Iran war-powers vote expected; Senate repeat procedural vote this week
Jun 3	AI / Privacy	House Energy & Commerce federal data-privacy hearing
Jun 4	Defense	HASC NDAA markup (~$1.15T) — Israel-integration & China-tech amendments
Jun 4	Appropriations	Senate FY27 markups begin (Ag-FDA, Leg Branch, CJS)
Jun 9	Trade	CBP commissioner ordered to CIT refund hearing
Jun 10	Energy	POLITICO Energy Summit
Jun 12	Intelligence	FISA Section 702 expiration (carried from continuity)
Jun 29	FCC	Petitions to deny Disney/ABC station renewals due
Jun 2	Tax	Trump Accounts parent app goes live (program launches July 4)
Sep 30	Transportation	Surface transportation authorization expires
Nov 3	Midterms	Election Day
By Dec 2026	China Biotech	OMB “companies of concern” list under BIOSECURE