September 27, 2022
Congress is tying up some loose ends as it prepares to pass a temporary spending bill that will keep the government open into December. Among the unresolved issues are energy permitting reform and the level of additional funding for Ukraine. A government shutdown is highly unlikely.

When Congress returns after the election, it will consider several “must pass” bills that will attract interest from an array of interest groups looking to pass their priority items. Among these items is Senator Richard Durbin (D-Illinois)’s payments legislation. Odds of the Durbin bill passing are low, but a hearing last week sounded a warning for financials.