Updates
The latest news and advocacy information for industrial bankers.
The post-election shuffle is well underway
We have officially closed out election season and the post-election shuffle is well under way. While we wait for the last two California House races to be called, which will dictate the final ratio in the lower chamber, anyone government-adjacent is reorganizing their outlook to prepare for a unified government next term.
A resolution looks imminent
The topic headlining this week continues to be a spending deal, though today we are pleased to report that a resolution looks imminent. Funding expires at the end of the month and lawmakers are eager to adjourn and hit the campaign trail.
Lawmakers failed to move forward with a spending deal last week
Lawmakers failed to move forward with a spending deal last week, so will return this week still working to provide funding continuity when appropriations expire at the end of the month. Meanwhile, a second failed assassination attempt against President Trump took place yesterday in West Palm Beach.
Congress is Back in Session for Three Weeks
Congress is back in session for three weeks before breaking (again!) for the October campaign period. During this session period, the headlines will mainly be focused on the fight to fund the government.
A week without life-altering political news
This is the first week in a little while without life-altering political news, and we will count that as a win. The reprieve has given us time to focus on the things that matter, like reading up on the latest in El Chapo news. For those Narcos: Mexico fans among us, the cast of characters is familiar.
Objectively Extraordinary Times
Once again, we are writing to you in objectively extraordinary times. We won’t spend too much time belaboring what has certainly permeated everyone’s awareness by now, but will simply say that the political world was shaken for a second week in a row with President Biden’s decision to withdraw from the Democratic ticket and endorse Vice President Kamala Harris.
A New Era of Politics
We enter this week in what is seemingly a new era of politics, altered permanently by the assassination attempt on former President and current presidential candidate Donald Trump. Amid the shock and outrage expressed across the political spectrum, we are certain that every aspect of this election landscape has shifted.
A reboot of the Golden Apple
Welcome back from the long July 4th weekend! We are delighted to announce a reboot of the Golden Apple. During each week that Congress is in session, we hope to use this newsletter to provide updates, insights, and perhaps a bit of humor, to keep you informed on the happenings in our nation’s capital.