# Congressional Research Service

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/congressional-research-service
Canonical HTML page: https://getfinancebrief.com/entity/congressional-research-service

## Timeline

- **2026-Q2 (projected)**: Tariff Escalation — Administration signals intent to raise tariffs from 10% to 15%.
- **2026-03-05**: State Lawsuit Filed — 24 states sue over the use of Section 122 to impose new global tariffs.
- **2026-02-15**: SCOTUS Ruling — Supreme Court strikes down IEEPA-based tariffs in a 6-3 decision.
- **2025-12-31**: Record Revenue — U.S. collects $287B in customs duties for the year, up 192%.

## Recent coverage (1 stories)

### States Sue Trump Administration Over 'Unlawful' Global Tariffs
2026-03-06 00:32:25 · Sentiment: Bearish · Impact: 8/10 · Sources: 2

A coalition of 24 states has filed a lawsuit against the Trump administration, alleging that newly imposed 10% global tariffs under Section 122 of the Trade Act of 1974 are unconstitutional. The legal challenge follows a Supreme Court ruling that invalidated previous trade duties, sparking a high-stakes battle over executive authority and economic policy.
Full story: https://getfinancebrief.com/story/states-sue-trump-administration-section-122-tariffs

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