Relating to a national emergency by the President on February 1, 2025.

HJRES72, titled "Relating to a national emergency by the President on February 1, 2025," was introduced in the House on March 6, 2025, and subsequently referred to the House Committee on Foreign Affairs. The bill's most recent actions, on February 11, 2026, indicate it was considered as unfinished business and debated in the House, but a vote on passage was postponed. The resolution is currently in the early stages of the legislative process, having been referred to two committees, with no further action taken since the postponed proceedings. This resolution does not authorize or appropriate any funds. Its sole legislative mechanism is to terminate a national emergency. Therefore, there is no money trail to analyze, nor are there any direct funding beneficiaries or mechanisms like grants, tax credits, or direct procurement. The bill text explicitly states its purpose is to terminate the national emergency declared by Executive Order 14193. Given the nature of the bill, there are no structural winners or losers in specific sectors or among publicly traded companies. The termination of a national emergency, without further details on the emergency's scope or impact, does not directly translate into market-moving events for any particular industry or corporation. The bill's focus is on a procedural termination of an executive order. The legislative path for HJRES72 involves further consideration in the House, potentially a vote, and then, if passed, consideration by the Senate before it could be presented to the President. The postponed proceedings indicate that while the bill has seen some debate, its passage is not assured and requires further legislative action.