February 18, 2026 | Congressional Inactivity • NASA Categorical Exclusions • SEC Exchange Fee Rule
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Federal institutional movement occurred primarily through administrative channels as Congress remained procedurally inactive.
Congressional Inactivity
The House and Senate convened only in pro forma sessions, with no floor debate, procedural votes, or committee activity. No authority shifted legislatively, reinforcing continued reliance on executive and regulatory processes for near-term policy movement.
NASA Categorical Exclusions
As published in the Federal Register, NASA adopted categorical exclusions under environmental review law. This expands the agency’s discretion to proceed with specified projects without full environmental impact statements, accelerating internal timelines and narrowing procedural constraints.
SEC Exchange Fee Rule
The Securities and Exchange Commission filed a notice of immediate effectiveness regarding exchange connectivity fees. Acting under its oversight authority of self-regulatory organizations, the SEC preserved discretion over market infrastructure costs, affecting trading participants and exchange operations.
