Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington, DC, shares his analysis on US politics:

What is President Biden doing now that his legislative agenda is all but over?

Congress is getting ready to throw in the towel on 2022, racing to pass several pieces of legislation dealing with healthcare, drug prices and subsidies for the semiconductor industry before they go on their annual recess beginning in August. Some Democrats are holding out hope they can still pass a broader bill to finance green energy investments. But others are already writing the eulogy for the 117th Congress, recognizing how hard it is to legislate in a 50-50 Senate and a narrowly divided House and looking forward to Republicans taking control of at least one branch of government next year.