PublicationsInsights on Current Policy Issues

  • April 19, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

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  • February 5, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

    Read...

    Read More
  • January 11, 2018

    By Frank Vlossak

    Since taking office, President Trump and his Administration have worked toward regulatory reform that includes the review, revision, and repeal of existing regulations, with a focus on rules promulgated by the Obama Administration. Congress has played a key role in this effort, through the use of the Congressional Review Act to repeal rules finalized in the waning months of the prior Administration, as well as one rule issued by the Consumer Financial Protection Bureau (CFPB) in 2017.

    President Trump signed a series of executive orders in the early months of his presidency that are propelling the deregulatory efforts of federal agencies. These executive orders: set a cap limiting regulations in Fiscal Year 2017 to zero net cost; provide agencies with a framework for limiting new regulations and identifying existing rules to repeal or revise; direct review and revision or repeal of the “Waters of the United States” rule issued by the Obama Administration; and require review and reform of energy and climate-related regulations.

     

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The Senate will resume consideration of Neomi Rao, to be Administrator of the Office of Information and Regulatory Affairs, Office of Management and Budget.

House

 

Friday

  • The House was not in session.

 

Today

  • The House is not in session.

Senate

 

Friday

  • The Senate was not in session.

 

Today

  • On Monday, following any Leader remarks, the Senate will proceed to Executive Session and resume consideration of Executive Calendar #154, Neomi Rao, of the District of Columbia, to be Administrator of the Office of Information and Regulatory Affairs, Office of Management and Budget.
  • At 5:30pm, the Senate will vote on confirmation of the Rao nomination. Upon disposition of the Rao nomination, the Senate will immediately vote on the motion to invoke cloture on Executive Calendar #116, David C. Nye, of Idaho, to be United States District Judge for the District of Idaho.
  • If cloture is invoked on the Nye nomination Monday night, there would be up to 30 hours of debate prior to a vote on confirmation. Upon disposition of the Nye nomination, there will be a cloture vote on Executive Calendar #104, William Francis Hagerty IV, of Tennessee, to be Ambassador to Japan. If cloture is invoked on Hagerty, there would be up to 30 hours of debate prior to a vote on confirmation.
  • Monday, June 10th at 5:30pm– 2 roll call votes
  • Confirmation of Executive Calendar #154, Neomi Rao, to be Administrator of the Office of Information and Regulatory Affairs, OMB
  • Motion to invoke cloture on Executive Calendar #116, David C. Nye, of Idaho, to be United States District Judge for the District of Idaho.

 

Hearings Covered by W&J Today

 

No hearings scheduled.

 

Notable Legislation Introduced

 

Financial Services

H.R.3167 — 115th Congress (2017-2018)
To provide that, in the event that the Secretary of the Treasury estimates that the debt ceiling will be reached, the Secretary is required to issue GDP-linked bonds to pay the principal and interest on the public debt and the President is authorized to request the rescission of certain unobligated balances and sell certain mortgage-related assets, and for other purposes.
Sponsor: Rep. Schweikert, David [R-AZ-6] (Introduced 07/06/2017) Cosponsors: (3)
Committees: House - Ways and Means, Financial Services, Budget, Rules
Latest Action: 07/06/2017 Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the.

 

Health

H.R.3168 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to provide continued access to specialized Medicare Advantage plans for special needs individuals, and for other purposes.
Sponsor: Rep. Tiberi, Patrick J. [R-OH-12] (Introduced 07/06/2017) Cosponsors: (1)
Committees: House - Ways and Means, Energy and Commerce
Latest Action: 07/06/2017 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3166 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to provide under the Medicare program for independent accreditation for dialysis facilities and assurance of high quality surveys with respect to such facilities.
Sponsor: Rep. Jenkins, Lynn [R-KS-2] (Introduced 07/06/2017) Cosponsors: (1)
Committees: House - Ways and Means, Energy and Commerce
Latest Action: 07/06/2017 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3164 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to expand access to home dialysis therapy.
Sponsor: Rep. Black, Diane [R-TN-6] (Introduced 07/06/2017) Cosponsors: (3)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: 07/06/2017 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3163 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to provide for a home infusion therapy services temporary transitional payment under the Medicare program.
Sponsor: Rep. Tiberi, Patrick J. [R-OH-12] (Introduced 07/06/2017) Cosponsors: (1)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: 07/06/2017 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 

PublicationsInsights on Current Policy Issues

  • April 19, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

    Read...

    Read More
  • February 5, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

    Read...

    Read More
  • January 11, 2018

    By Frank Vlossak

    Since taking office, President Trump and his Administration have worked toward regulatory reform that includes the review, revision, and repeal of existing regulations, with a focus on rules promulgated by the Obama Administration. Congress has played a key role in this effort, through the use of the Congressional Review Act to repeal rules finalized in the waning months of the prior Administration, as well as one rule issued by the Consumer Financial Protection Bureau (CFPB) in 2017.

    President Trump signed a series of executive orders in the early months of his presidency that are propelling the deregulatory efforts of federal agencies. These executive orders: set a cap limiting regulations in Fiscal Year 2017 to zero net cost; provide agencies with a framework for limiting new regulations and identifying existing rules to repeal or revise; direct review and revision or repeal of the “Waters of the United States” rule issued by the Obama Administration; and require review and reform of energy and climate-related regulations.

     

    Read...

    Read More

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