With less than 50 days until the midterm election, both the House and the Senate are in session this week. On the House schedule is the Ratepayer Protection Act. This bill would create a federal mandate requiring high-energy-consuming facilities to cover the cost for future transmission upgrades. This bipartisan legislation is in response to the increasing political pressure on Congress regarding data center development and was approved by the House Energy and Commerce committee 52-0. While it is expected to have overwhelming support in the House, the prospects for Senate passage before the midterm election remains unclear.

The Senate is scheduled to consider digital asset regulatory legislation the CLARITY Act, and the Protect College Sports Act, regulating Name Image and Likeness compensation in college sports. This is likely to be the last week in session for the House, while the Senate is expected to spend the rest of September processing judicial nominations.