Bipartisan Senators Reach Tentative Agreement on Cryptocurrency Stablecoin Regulation

• Republicans in Congress are escalating investigations into multiple aspects of the Trump administration, including communications between the administration and private companies, financial contributions to Trump's White House ballroom, and settlement funds for the Trump Presidential Library. • Congressional Republicans are scrutinizing federal contracts awarded to companies with ties to the administration, potentially improper use of government information by the Department of Government Efficiency (DOGE), and business investments related to Trump family interests in defense, drone, crypto, real estate, and media industries. • Investigations are also focusing on presidential pardons, with Democrats seeking transcribed interviews of individuals pardoned by Trump and related parties where allegations exist of donations or inappropriate influence linked to the pardons.

• President Trump declared that Republicans should not agree to any legislative deal until Democrats pass the "SAVE America Act," a sweeping voting measure. • The bill would require a birth certificate to register to vote and a photo ID to cast a ballot, representing stricter voter identification requirements. • Trump made the demand in remarks delivered in Memphis, Tennessee, as negotiations continue on various legislative fronts.

• The Senate confirmed Markwayne Mullin, a 48-year-old former U.S. Senator from Oklahoma, as Secretary of Homeland Security in a 54-to-45 vote on Monday. • Mullin replaces Kristi Noem, who was fired from the position under the Trump administration. • Under Trump, DHS has focused intensively on immigration enforcement as a key policy priority.

• U.S. District Judge Paul Friedman ruled on Friday to block the Pentagon's policy mandating media outlets pledge not to gather information without defense officials' formal authorization, siding with The New York Times. • Friedman wrote, 'Those who drafted the First Amendment believed that the nation’s security requires a free press and an informed people and that such security is endangered by governmental suppression of political speech.' • The decision upholds First Amendment principles amid tensions over government transparency during the shutdown and foreign policy escalations.

• The House of Representatives returns Tuesday, March 24, 2026, with the Rules Committee preparing floor votes on bills addressing safety in Washington, D.C., Department of Homeland Security funding, and vessel security. • Speaker Johnson has no plans to bring a clean extension of FISA Section 702 to the floor this week, as the surveillance provision faces expiration in mid-April. • These votes occur amid ongoing bipartisan efforts in the House Financial Services Committee to initiate bicameral conference negotiations on differing housing bills between chambers.

• Republican legislators in Florida are advancing proof-of-citizenship voting laws as President Trump continues pushing the Senate to pass his SAVE America Act at the federal level. • The state-level legislation mirrors key provisions of Trump's federal SAVE Act, including requirements to prove citizenship before voting, reflecting alignment between state and federal Republican priorities on election security. • Florida's legislative action demonstrates coordinated effort across states to implement stricter voter identification and citizenship verification measures despite the federal SAVE Act facing significant opposition in the Senate.

• The U.S. Senate voted to agree to a cloture motion on March 22, 2026, advancing the nomination of Markwayne Mullin of Oklahoma to be Secretary of Homeland Security, with the motion requiring only a simple majority to proceed. • The vote included bipartisan support, with Democratic senators including Fetterman of Pennsylvania and Padilla of California voting yes, while other Democrats like Schiff of California and Bennet of Colorado voted no. • Mullin's confirmation comes amid ongoing negotiations over DHS funding and border security policies during the current government shutdown.

• The Department of Homeland Security shutdown risks becoming the longest-ever funding lapse for any federal agency as Congress remains deadlocked, with Democrats pushing to fund all DHS agencies except Immigration and Customs Enforcement, Customs and Border Protection, and the secretary's office. • Republicans argue the entire department must be funded together and note that ICE and CBP already received approximately $140 billion from tax and spending legislation enacted last summer. • Senate Minority Leader Chuck Schumer called for immediate TSA funding while negotiations continue on outstanding immigration enforcement issues, but Republicans continue blocking Democratic proposals, holding federal workers hostage according to Democratic critics.

• President Trump directed federal immigration agents to assist TSA at US airports during a partial shutdown over Department of Homeland Security funding, with agents guarding exit lanes and checking passenger IDs unless Democrats agree to fund the agency. • White House border czar Tom Homan is leading the airport security effort and has been meeting with bipartisan senators, though negotiations have not yet reached total agreement on resolving the shutdown. • Democrats are demanding major changes to federal immigration operations and have stated willingness to fund TSA and most DHS components, citing concerns about escalated tensions among frustrated travelers and unpaid screeners.

• The Federal Deposit Insurance Corporation announced rescission of its Statement of Policy on Qualifications for Failed Bank Acquisitions, effective March 23, 2026. • The move simplifies regulatory approach to bank resolutions amid ongoing financial policy adjustments under the Trump administration.

• A late-night cloture vote on March 20, 2026, failed to advance the FY-2026 appropriations bill for the Department of Homeland Security, leaving TSA underfunded amid high travel volumes. • Daily TSA passenger throughput exceeds 2.4 million due to spring-break and March Madness demand, with missed connections at 8% versus a normal 1.6%, prompting three-hour early arrivals for domestic flights. • Senate Democratic Leader Chuck Schumer plans a Saturday vote on a TSA-only continuing resolution, but GOP leaders signal they will block it, risking Easter travel chaos.

• U.S. District Judge Royce C. Lamberth ruled on March 7, 2026, that Kari Lake lacked authority to reduce Voice of America to a skeleton crew, ordering hundreds of employees back to work. • The government appealed the order on Thursday, as the White House nominated Sarah Rogers to lead the parent U.S. Agency for Global Media and appointed Newsmax executive Christopher Wallace as VOA deputy director. • Congress allocated $200 million in the February budget bill, a 25% cut but bipartisan support; experts question if objective journalism will persist under State Department influence.