My understanding is the Senate isn't moving it since they don't have the votes, so it's likely dead.
As far as Standard vs Daylight time, things have changed dramatically since this was last tried in the mid 70's - very few children walk to school any more, not many more are bussed from large bus stops where children have to walk to a central stop. Today, the majority of parents drop them off or wait with the child at the end of their driveway to get picked up, so the argument about late sunrise doesn't have the same impact as it did 50+ years ago.
Personally I'd rather have more daylight later in the day with Daylight time, in exchange for later sunrises, vs super early sunrises interrupting my sleep and less daylight later in the day due to earlier sunsets.
But ultimately, I'd be OK either way, just stop with the stupid time changes.