Directing the President, pursuant to section 5(c) of the War Powers Resolution, to remove United States Armed Forces from hostilities with Iran.

H.Con.Res. 117 was introduced on September 15, 2026, by Rep. Chrissy Houlahan (D-PA) and referred to the House Committee on Foreign Affairs. It is a concurrent resolution directing the President to remove U.S. forces from hostilities with Iran, invoking Section 5(c) of the War Powers Resolution. The bill is in its earliest stage—no hearings, votes, or Senate action. As a concurrent resolution, it does not have the force of law and does not appropriate funds; it expresses congressional sentiment and directs executive action. The legislative path requires committee consideration, House passage, Senate passage, and presidential action (though concurrent resolutions are not presented to the President). Historically, similar War Powers resolutions have rarely passed both chambers, and even if passed, the President may veto or ignore them. The bill's momentum is low, with only three procedural actions on the same day. For defense contractors, the resolution signals potential congressional discomfort with U.S. military engagement in Iran, but it does not alter current defense appropriations or procurement. The FY2025 defense budget remains in effect, and no spending changes are triggered. The primary market impact is indirect: if the resolution gains traction, it could signal reduced future demand for Middle East-focused military operations, affecting contractors with significant exposure to Iran-related missions. However, at this stage, the probability of enactment is very low, and the market impact is minimal. The bill does not name specific companies or programs, and no direct causal chain to defense contractors exists. The affected sector is Defense, but only in the broad sense of potential long-term geopolitical shifts. No tickers meet the confidence threshold for inclusion, as the causal distance is too great. The bill's status is 'Referred to committee,' so the correct tense is present/future: the bill is under consideration, and its future is uncertain. The analysis focuses on the legislative process and the lack of direct market mechanisms.