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...

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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 Kevin Christopher Newsom, to be United States Circuit Judge for the Eleventh Circuit.

House

 

Yesterday

  • The House was not in session.

 

Today

  • The House has recessed until September 4.

 

Senate

 

Yesterday

  • Newsom Nomination--Agreement:
    • Senate resumed consideration of the nomination of Kevin Christopher Newsom, of Alabama, to be United States Circuit Judge for the Eleventh Circuit.
  • During consideration of this nomination today, Senate also took the following action:
    • By 68 yeas to 26 nays (Vote No. 180), Senate agreed to the motion to close further debate on the nomination.
    • A unanimous-consent agreement was reached providing for further consideration of the nomination, post-cloture, at approximately 10 a.m., on Tuesday, August 1, 2017, with all time during morning business, recess, adjournment and Leader remarks counting post-cloture on the nomination.
    • Kaplan Nomination--Cloture: Senate began consideration of the nomination of Marvin Kaplan, of Kansas, to be a Member of the National Labor Relations Board.
    • A motion was entered to close further debate on the nomination, and, in accordance with the provisions of Rule XXII of the Standing Rules of the Senate, a vote on cloture will occur upon disposition of the nomination of Kevin Christopher Newsom, of Alabama, to be United States Circuit Judge for the Eleventh Circuit.
  • Prior to the consideration of this nomination, Senate took the following action:
    • Senate agreed to the motion to proceed to Legislative Session.
    • Senate agreed to the motion to proceed to Executive Session to consider the nomination.

 

Today

  • The Senate stands adjourned until 10:00am on Tuesday, August 1, 2017.
  • Following any Leader remarks, the Senate will resume consideration of Executive Calendar #172, Kevin Christopher Newsom, of Alabama, to be United States Circuit Judge for the Eleventh Circuit, post-cloture.
  • The Senate will recess from 12:30pm until 2:15pm to allow for the weekly caucus meetings.

 

Hearings Covered by W&J Today

 

Senate EPW
EPA Superfund Program

Senate Finance
America’s Affordable Housing Crisis: Challenges and Solutions

 

Notable Legislation Introduced

 

Health

S.1681 — 115th Congress (2017-2018)
A bill to require persons who undertake Federally funded research and development of drugs to enter into reasonable pricing agreements with the Secretary of Health and Human Services.
Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 07/31/2017) Cosponsors: (0)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: 07/31/2017 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.1678 — 115th Congress (2017-2018)
A bill to amend the Consolidated Farm and Rural Development Act to improve access to grants and loans for evidence-based substance use disorder treatment services in rural areas, and for other purposes.
Sponsor: Sen. Donnelly, Joe [D-IN] (Introduced 07/31/2017) Cosponsors: (1)
Committees: Senate - Agriculture, Nutrition, and Forestry
Latest Action: 07/31/2017 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

S.1677 — 115th Congress (2017-2018)
A bill to amend the Food, Agriculture, Conservation, and Trade Act of 1990 to improve access to grants and loans for evidence-based substance use disorder treatment services in rural areas, and for other purposes.
Sponsor: Sen. Donnelly, Joe [D-IN] (Introduced 07/31/2017) Cosponsors: (1)
Committees: Senate - Agriculture, Nutrition, and Forestry
Latest Action: 07/31/2017 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

 

Tax

S.1673 — 115th Congress (2017-2018)
A bill to amend the Internal Revenue Code to include in income the unrepatriated earnings of groups that include an inverted corporation.
Sponsor: Sen. Brown, Sherrod [D-OH] (Introduced 07/31/2017) Cosponsors: (2)
Committees: Senate - Finance
Latest Action: 07/31/2017 Read twice and referred to the Committee on Finance.

 

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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