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Balanced Reporting. Trusted Insights.
Monday, April 14, 2025
The House is expected to clear a bill this week aimed at ending port bottlenecks and also pass a package of measures that Democrats claim will help bring food, fertilizer and fuel prices under control.
Senate Democrats are seeking quick confirmation of Ketanji Brown Jackson to the Supreme Court this week, while U.S. agriculture and other export-minded sectors are watching what the House does with the Senate-passed Ocean Shipping Reform Act, which is intended to ease port bottlenecks.
President Joe Biden will release his fiscal 2023 budget on Monday, just six months before the new budget year begins, while Senate leaders search for a way to move a bill aimed at relieving port bottlenecks.
A bill aimed at relieving port bottlenecks and reining in shipping rates advanced through committee Tuesday, but the legislation still faces significant legislative hurdles.
The Ocean Shipping Reform Act, a bill intended to unlock port bottlenecks that have snarled shipments of many farm commodities, gets a vote in the Senate Commerce Committee this week, while the Senate Judiciary Committee will hold hearings on Ketanji Brown Jackson's nomination to the Supreme Court.
As Russian missiles continued to bombard Ukraine, President Joe Biden used his first State of the Union address to express American support for the beleaguered nation and tackle a number of domestic issues, including food price inflation and supply chain disruptions.