U.S. Executive Branch Update – March 24, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:00 a.m. – The President receives the President’s Daily Briefing

11:10 a.m. – The President participates in an official welcome ceremony and book signing

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Does the Recent Attempt by Congressional GOP to Overturn Labor ESG Rule Portend Congressional Scrutiny of Progressive Corporate Policies?

The United States Capitol building

On March 20, President Biden vetoed a Republican-led effort to overturn a Department of Labor rule on environmental, social, and governance (ESG) guidelines for retirement accounts. The Department of Labor rule will allow ERISA retirement plan managers to consider various ESG factors when making investment decisions, including corporate policies relating to climate change. Earlier in March, the Senate voted 50 to 46 to disapprove of the rule under the Congressional Review Act, with Senators Joe Manchin (D-WV) and Jon Tester (D-MT) joining Senate Republicans. Senate disapproval of the rule followed a largely party-line vote in the House of Representatives, with just one Democratic joining House Republicans. 

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US Executive Branch Update: March 22, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:00 a.m. EDT – THE PRESIDENT receives the President’s Daily Briefing | The White House

5:00 p.m. EDT – THE PRESIDENT and THE FIRST LADY host a reception celebrating Women’s History Month; The Vice President and The Second Gentleman also deliver remarks | East Room

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Chips Chatter: March 4-13, 2023

More to Come? U.S. Export Controls

According to reports, the Biden Administration is set to further tighten restrictions on the export of semiconductor manufacturing gear to China, with new restrictions expected to be announced as early as next month. The rules may double the number of machines that require special licenses for export.

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TradeTalk China: March 6-15, 2023

  1. Let’s Talk Numbers: White House Proposes Fiscal Year 2024 Budget

On March 9, President Biden revealed his annual budget proposal for Fiscal Year (FY) 2024. The Budget requests both discretionary and mandatory resources to “out-compete China and advance American prosperity globally.”

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A Complimentary Infrastructure Funding Solution: The Federal Infrastructure Bank

Despite the Bipartisan Infrastructure Bill’s historic $1.2 trillion investment in U.S. infrastructure, the American Society of Civil Engineers estimates an additional $2 trillion is needed to repair our deteriorating infrastructure. The federal government cannot address U.S. infrastructure funding needs alone. The Federal Infrastructure Bank (“the Bank”) would work directly with states and localities to identify priority projects and secure private capital to advance infrastructure needs across the United States.

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US Executive Branch Update: March 15, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

11:30 a.m. EDT – THE PRESIDENT receives the President’s Daily Briefing

2:30 p.m. EDT – THE PRESIDENT discusses his plan to lower prescription drug costs | Las Vegas, Nevada

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US Executive Branch Update: March 14, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

11:30 a.m. EDT – THE PRESIDENT receives the President’s Daily Briefing

2:00 p.m. EDT – THE PRESIDENT departs San Diego, California en route to Los Angeles, California

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US Executive Branch Update – March 13, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:15 a.m. EDT – The President delivers remarks on maintaining a resilient banking system and protecting our historic economic recovery | Roosevelt Room

9:50 a.m. EDT – The President departs the White House en route to Joint Base Andrews

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Follow the Money: The Meaning Behind President Joe Biden’s Fiscal Year 2024 Budget Request

The United States Capitol building

Yesterday, President Joe Biden put forward an outline of his Fiscal Year 2024 Budget Request to Congress, laying out his funding and policy priorities and recommendations for the fiscal year that begins on October 1. Not surprisingly, Republicans uniformly panned it, and Democrats embraced it. Political obstacles stand in the way of Congress passing a budget resolution, but the starting gun for appropriations season has been fired. Notably, the debt ceiling is inextricably linked to spending decisions, and partisan rhetoric is on the rise from both sides of the aisle.

Read full insight here.

US Executive Branch Update: March 10, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:00 a.m. EST – THE PRESIDENT receives the Presidential Daily Briefing

2:00 p.m. EST – THE PRESIDENT holds a bilateral meeting with President Ursula von der Leyen of the European Commission | Oval Office

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US Executive Branch Update: March 8, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:30 a.m. EST – THE PRESIDENT receives the Presidential Daily Briefing | The White House

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US Executive Branch Update: March 7, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

10:15 a.m. EST – THE PRESIDENT receives the Presidential Daily Briefing; The Vice President attends | Oval Office

  • Fact Sheet:  The President’s Budget | Extending Medicare Solvency by 25 Years or More, Strengthening Medicare, and Lowering Health Care Costs

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US Executive Branch Update – March 6, 2023

US executive branch text over image of White House

This report provides a snapshot of the U.S. Executive Branch priorities via daily schedules and the prior day’s press releases.

POTUS’ Schedule*

9:30 a.m. EST – THE PRESIDENT receives the Presidential Daily Briefing

11:10 a.m. EST – THE PRESIDENT departs the White House en route to the 2023 International Association of Fire Fighters Legislative Conference

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Chips Chatter: February 22-March 3, 2023

WHAT WE’RE WATCHING: CHIPS FUNDING GUIDANCE & GUARDRAILS

On February 28, the Commerce Department launched the first CHIPS funding opportunity for projects to construct, expand, or modernize commercial facilities for the production of leading-edge, current-generation, and mature-node semiconductors.

Timeline:

  1. Beginning on February 28, 2023, statements of interest will be accepted on a rolling basis and must be submitted at least 28 days before filing a pre-application or full application.
  2. Beginning on March 31, 2023, pre-applications (optional) and full applications for leading-edge facilities will be accepted on a rolling basis.
  3. Beginning May 1, 2023, pre-applications (recommended) for current-generation, mature-node, and back-end production facilities will be accepted on a rolling basis.
  4. Full applications for these categories will be accepted on a rolling basis beginning June 26, 2023.

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