Committee

• Kevin Warsh, President Trump's nominee for Federal Reserve Chair, testifies in his first Senate Banking Committee hearing at 1400 GMT on April 21, 2026, facing questions on Fed independence amid Trump's pressure to cut rates. • Warsh advocates reducing the Fed's balance sheet, conflicting with recent resumption of regular Treasury purchases in December 2025. • The hearing addresses hot topics like Fed autonomy and potential rate cuts, with USD firming after Monday's rally rejection.

Whitehall officials are weighing up ‘unprecedented’ disclosure of documents in security clearance scandalStarmer did not gamble with national security over Mandelson, says ministerMinisters are under growing pressure to share the documents from Peter Mandelson’s vetting process with the parliamentary committee tasked with deciding if they should be made public.In February, MPs passed a binding parliamentary motion, known as a humble address, requiring the government to publish “all papers” relating to Mandelson’s appointment as ambassador to the US. Continue reading...

Democratic congressman dropped out of California governor’s race after reports of sexual misconductThe House ethics committee on Monday announced it had opened an investigation into the Democratic congressman Eric Swalwell, a day after he dropped out of the California governor’s race amid reports of sexual assault and misconduct.The bipartisan committee said in a statement that it would scrutinize “allegations that [Swalwell] may have engaged in sexual misconduct, including towards an employee working under his supervision”. Continue reading...

• Anthropic expanded its AI strategy by acquiring AI drug discovery startup Coefficient Bio for approximately $400 million and launching a political action committee to influence AI regulation. • The company is also seeing surging investor demand for its shares amid tightening AI infrastructure supply and growing market appetite. • These moves position Anthropic to shape policy, enter life sciences, and capitalize on demand for leading AI technologies in the US.

New Mexico governor calls order ‘not serious’ as south-eastern counties note divisions with Democratic Santa FeThe speaker of Texas’s house of representatives says he is entertaining the idea of expanding the state by annexing some New Mexico counties.Dustin Burrows, who has been the chamber’s speaker since 2025, ordered a state legislative committee on 26 March to look into the legal and economic options to add “one or more contiguous counties” of New Mexico to the state of Texas. Continue reading...

• HHS and CMS announced new members for the Healthcare Advisory Committee on March 27, 2026, to enhance patient care and modernize U.S. healthcare. • Committee focuses on policy recommendations for efficiency, innovation, and better outcomes nationwide. • Initiative aims to address systemic challenges amid evolving public health needs.

• The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, chaired by Rep. Bryan Steil (WI-01), held a hearing on March 26 to examine how federal agencies are addressing emerging technologies. • The hearing explored how Congress can support responsible innovation while ensuring strong oversight and accountability as AI technologies continue to advance rapidly. • Regulators testified on strategies to keep pace with technology innovation speed, highlighting the gap between regulatory evolution and market velocity.

• The House Ways and Means Committee unanimously approved five bipartisan bills on March 25, 2026, providing tax relief to natural disaster victims, sexual assault survivors, and pre-school teachers while enhancing IRS customer service and whistleblower protections. • Key measures include the Doug LaMalfa Federal Disaster Tax Relief Certainty Act (H.R. 5366, passed 41-0) and the Supporting Early-childhood Educators’ Deductions Act (SEED Act, H.R. 5334, passed 43-0), allowing up to $350 annual deductions for classroom expenses for standard deduction filers. • The IRS Whistleblower Program Improvement Act (H.R. 7959) strengthens protections for tax fraud informants; all bills received strong bipartisan support amid ongoing tax proposal discussions.