Provisions

• Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) announced an 'agreement in principle' with the White House on stablecoin yield payments in crypto market structure legislation on March 28, 2026. • The non-public text addresses key issues for Senate Banking Committee markup in April, following talks with banking and crypto industry stakeholders. • Coinbase expressed opposition to the proposed language, potentially impacting final negotiations.

• White House released a national AI legislative framework on March 20, 2026, proposing federal preemption of state AI regulations while carving out exceptions for child safety, fraud, consumer protection, zoning, and government procurement. • The framework defers copyright issues to courts rather than codifying the administration's position that training AI on copyrighted material constitutes lawful fair use, contradicting Senator Blackburn's bill that would categorically exclude copyrighted works from fair use. • Provisions address energy costs for data centers, government censorship via AI platforms, and workforce displacement studies, though the line between 'AI development' preemption and preserved 'consumer protection' authority remains contentious.

• The 2026 farm bill advancing through Congress includes amendments subsidizing tobacco farmers with more disaster funds and shielding pesticide makers, conflicting with Make America Healthy Again goals to reduce chronic diseases. • Critics like Kelsey Romeo-Stuppy of Action on Smoking and Health argue tobacco subsidies lower product costs, increasing youth addiction and quit barriers despite U.S. smoking rates dropping below 10% for the first time. • The provisions highlight tensions between the Trump administration's industry-friendly policies and public health advocates, as tobacco remains the leading cause of 500,000 annual U.S. preventable deaths ignored by HHS.

• Negotiations on stablecoin yield provisions in the Senate crypto market structure bill have reached 99% resolution, with remaining friction being political rather than technical, according to Senator Cynthia Lummis. • The Senate Banking Committee markup is expected in late April, which creates a narrow window for the bill to complete all five sequential steps before the midterm election cycle begins dominating the floor calendar. • Senator Bernie Moreno warned that if the bill does not advance by May, digital asset legislation may not receive serious consideration again for years, creating urgency for passage.

• U.S. Senate passed its 2026 spending bill including the Mikaela Naylon Give Kids a Chance Act to advance pediatric cancer combination therapies. • Bill features Accelerating Kids Access to Care Act streamlining out-of-state Medicaid/CHIP provider approvals for children and five-year reauthorization of FDA Rare Pediatric Disease Priority Review Voucher Program. • Allocates $7.35 billion to National Cancer Institute, up $128 million from 2025, with $30 million for Childhood Cancer STAR Act and $50 million for Childhood Cancer Data Initiative.

• The U.S. Senate passed its 2026 spending bill containing multiple landmark pediatric cancer provisions, including the Mikaela Naylon Give Kids a Chance Act to advance combination therapy research and the Accelerating Kids Access to Care Act to streamline Medicaid provider approvals. • The bill allocates $7.35 billion for the National Cancer Institute (a $128 million increase from 2025), with $30 million designated for the Childhood Cancer STAR Act and $50 million for the Childhood Cancer Data Initiative, plus $12.6 million for the Gabriella Miller Kids First Research Program. • These provisions represent a significant recovery for the pediatric cancer community after 2025's devastating federal funding cuts, including removal of key provisions from the previous year's spending bill and a 15% cap on NIH grant indirect cost reimbursements.