U.S. Senate Committee on Finance

Rule Changes

Expected to be chaired by Ron Wyden in January 2027

Democrats won the House and at least seven Senate seats in Tuesday's midterms, giving them a Senate majority of at least 54–44 when the new Congress is sworn in January 3. Alaska and Mississippi are still counting; Democratic wins there would push the margin to 56–44. Before the handover, the lame-duck Congress must pass government funding by December 11 or risk a shutdown.

Updated 6 days ago

Rule Changes

As of May 2026: Oversight spotlight on cartel-linked fuel smuggling and maritime/shipping compliance

Treasury sanctioned the Cartel de Santa Rosa de Lima (CSRL) and its jailed leader José Antonio Yépez Ortiz ("El Marro") on December 17, 2025. Washington's campaign against huachicol money then shifted toward the infrastructure that makes stolen hydrocarbons tradable: shipping, routing, and due diligence.

Updated May 15

Money Moves

As of May 2026: Primary congressional recipient of OGE warnings; venue for potential hearings

Scott Bessent became Treasury Secretary in January 2025. An ethics agreement required him to sell substantial holdings, including up to $25 million in North Dakota soybean and corn farmland that earned as much as $1 million a year in rent. After months of delays, the Office of Government Ethics warned him in August 2025 that he'd failed to comply on time.

Updated May 10