This week the House is set to take up the Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) reconciliation bill, the Secure America Act (S. 2). Members return to session today (Monday, June 8) with suspension votes on bills under the jurisdiction of the Oversight and Government Reform and Foreign Affairs committees. The Senate also returns to session today at 3 p.m. with a vote on a judicial nomination at 5:30 p.m. The Foreign Intelligence Surveillance Act (FISA) reauthorization due June 12, when a temporary 45-day patch runs out, remains a focus in Congress.

The House Ways and Means Committee has scheduled a hearing on "Digital Asset Taxation" for Tuesday, June 9 at 2 p.m. An advisory said the hearing is to discuss legislation relating to the taxation of digital assets, and specific draft bills are expected to be examined. There have been indications that topics that could be addressed include mining and staking, charitable deductions, tax anti-abuse rules, reporting rules, etc.

A Punchbowl News story reported last night, "Ways and Means will formally introduce a series of crypto tax bills on Monday and meet for a hearing on the topic on Tuesday. But the big question is whether there'll be any signs that Democrats could join the project." The story said Ways and Means Democrats "may not want to get on board with the project this year" because of the midterms. Additionally, "Lawmakers say they still don't know much about crypto." Reps. Tom Suozzi (D-NY) and Greg Murphy (R-NC) were cited as wanting to act on the issue.

Also at Ways and Means, there is a Joint Social Security and Work & Welfare Subcommittee Hearing with Social Security Commissioner Frank Bisignano scheduled for Wednesday, June 10 at 10 a.m.

The House Appropriations Committee will hold a markup of the Fiscal Year 2027 bill for the Labor, Health and Human Services, Education, and Related Agencies Tuesday, June 9 at 11 a.m. The Senate Appropriations Committee had planned to mark up three spending bills last Thursday, but the session was postponed as Democrats planned amendments related to the Justice Department's now-scuttled "anti-weaponization fund." The markup has not yet been rescheduled.

The House Energy and Commerce Committee will hold a hearing, "Lowering Health Care Costs for All Americans: Examining Policies to Increase Health Care Transparency" Wednesday, June 10 at 10:15 a.m.

The Senate Armed Services Committee will be preoccupied all week with both subcommittee and full committee markups of the annual must-pass National Defense Authorization Act (NDAA), with debates likely around issues such as limiting U.S. investment in Chinese sectors, levels of military assistance to Ukraine and restrictions on troop withdrawals from Europe.

Elections — The Cook Political report now rates 23 House races as toss-ups or leaning to the other party:

• 2 GOP seats as lean to Democrats (Open — Issa, R-CA/Open — Bacon, R-NE)
• 14 Republican seats as toss-ups
• 4 Democratic seats as toss-ups
• 3 Democratic seats as leaning to Republicans, including 2 affected by redistricting efforts in Florida (Castor, D-FL/Open — Frankel, D-FL-22, who is running in FL-23 instead)

There continue to be press stories speculating about the most competitive Senate races, which include:

• Alaska, where former Rep. Mary Peltola (D-AK), who lost her re-election race in 2024, is among the large field of challengers to incumbent Dan Sullivan (R-AK), which also includes another Republican candidate also named Dan Sullivan
• Georgia, where a June 16 runoff between Rep. Mike Collins (R-GA) and former football coach Derek Dooley will decide who challenges Senator Jon Ossoff (D-GA) in the general election
• Iowa, where the race to succeed retiring Senator Joni Ernst (R-IA) is between Rep. Ashley Hinson (R-IA) and State Rep. Josh Turek (D)
• Maine, where Senator Susan Collins (R-ME) faces Graham Platner (D)
• Michigan, where the field of candidates to succeed retiring Senator Gary Peters (D-MI) will be narrowed by the August 4 primary between Rep. Haley Stevens, D-(MI), former public health official Abdul El-Sayed and state Sen. Mallory McMorrow (D), with the winner facing former Rep. Mike Rogers (R-MI) in the general election
• Minnesota, where the field of candidates to succeed Senator Tina Smith (D-MN) will be narrowed in an August 11 primary between Lt. Gov. Peggy Flanagan (D) and Rep. Angie Craig (D-MN) on the Democratic side and Republican candidates that include former NFL sideline reporter Michele Tafoya
• North Carolina, where former governor Roy Cooper (D) will face Michael Whatley, a former Republican National Committee chair endorsed by Trump after Senator Thom Tillis (R-NC) announced his retirement following a disagreement with the President over the "One Big Beautiful Bill Act" (OBBBA)
• Ohio, where Senator Jon Husted (R-OH), who was appointed to the seat previously held by Vice President JD Vance, faces former Senator Sherrod Brown (D-OH), who lost to Senator Bernie Moreno (R-OH) in 2024
• Texas, where state Attorney General Ken Paxton (R) defeated Senator John Cornyn (R-TX) in a runoff — following an endorsement by President Trump — and will face state Rep. James Talarico (D) in the general election

A story in the June 5 Washington Post focused on a vote taken during last week's all-night Senate floor "vote-a-rama," on a Democratic amendment to recommit the ICE/CBP bill to the committee level and add language blocking creation of the "anti-weaponization" fund. The vote failed 49-50 — with GOP Senators in competitive midterm races Susan Collins (R-ME), Jon Husted (R-OH) and Dan Sullivan (R-AK) voting in favor — and the story noted that a Fox News poll released June 3 showed former Senator Brown leading Senator Husted 53% to 45% in the Ohio Senate race.

A June 7 New York Times story, "Trump Looms Over Pivotal Republican Senate Runoff in Georgia," noted that Dooley is trailing Rep. Collins but has the endorsement of Gov. Brian Kemp (R); President Trump has not given an endorsement in the race. "Given the president's endorsement success, a Trump nod for Mr. Collins before the runoff would likely notch another victory for the MAGA wing of the Republican Party," the story said. "But he could also make it harder to oust Mr. Ossoff, who had been considered the Democrats' most vulnerable senator seeking re-election this year but is now seen as a formidable incumbent."

Friday, June 12 (12:00 p.m. ET) is the EY Center for Tax Policy monthly update: legislative, economic, regulatory and IRS developments. Register.