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

The House will consider six bills under suspension of the rules. The Senate will resume consideration of Ajit Varadaraj Pai, to be a member of the Federal Communications Commission.

House

 

Friday

  • The House was not in session.

 

Today

  • On Monday, the House will meet at 12:00 p.m. for morning hour and 2:00 p.m. for legislative business. Votes will be postponed until 6:30 p.m.
  • Legislation Considered Under Suspension of the Rules:
    • 1) H.R. 2316 – Cooperative Management of Mineral Rights Act of 2017 (Sponsored by Rep. Glenn Thompson / Natural Resources Committee)
    • 2) H.R. 1547 – Udall Park Land Exchange Completion Act (Sponsored by Rep. Martha McSally / Natural Resources Committee)
    • 3) H.R. 2582 – Confirming State Land Grants for Education Act, as amended (Sponsored by Rep. Mia Love / Natural Resources Committee)
    • 4) H.R. 965 – Saint-Gaudens National Historical Park Redesignation Act (Sponsored by Rep. Ann Kuster / Natural Resources Committee)
    • 5) H.R. 2937 – Community Reclamation Partnerships Act (Sponsored by Rep. Darin LaHood / Natural Resources Committee)
    • 6) H.R. 289 – GO Act, as amended (Sponsored by Rep. Doug LaMalfa / Natural Resources Committee)

 

Senate

 

Friday

  • The Senate was not in session.

 

Today

  • The Senate stands adjourned until 3:00pm on Monday, October 2, 2017.
  • Following leader remarks, the Senate will resume consideration of Executive Calendar #251, Ajit Varadaraj Pai, of Kansas, to be a member of the Federal Communications Commission, with the time until 5:30pm equally divided.
  • At 5:30pm, all post-cloture time will expire and the Senate will vote on confirmation of the Pai nomination.

 

Hearings Covered by W&J Today

 

There are no hearings scheduled.

 

Notable Legislation Introduced

 

Cybersecurity

S.1900 — 115th Congress (2017-2018)
A bill to require all persons who acquire, maintain, or use personal information to have in effect reasonable cybersecurity protections and practices whenever acquiring, maintaining, or using personal information in commerce, and for other purposes.
Sponsor: Sen. Blumenthal, Richard [D-CT] (Introduced 09/28/2017) Cosponsors: (0)
Committees: Senate - Commerce, Science, and Transportation
Latest Action: Senate - 09/28/2017 Read twice and referred to the Committee on Commerce, Science, and Transportation.

 

Financial Services

H.R.3878 — 115th Congress (2017-2018)
To amend the Fair Credit Reporting Act to provide access to free credit freezes for all consumers.
Sponsor: Rep. Lujan, Ben Ray [D-NM-3] (Introduced 09/28/2017) Cosponsors: (12)
Committees: House - Financial Services
Latest Action: House - 09/28/2017 Referred to the House Committee on Financial Services.

H.R.3866 — 115th Congress (2017-2018)
To amend the Federal Credit Union Act to exclude extensions of credit made to veterans from the definition of a member business loan.
Sponsor: Rep. Gonzalez, Vicente [D-TX-15] (Introduced 09/28/2017) Cosponsors: (1)
Committees: House - Financial Services
Latest Action: House - 09/28/2017 Referred to the House Committee on Financial Services.

H.R.3861 — 115th Congress (2017-2018)
Federal Insurance Office Reform Act of 2017
Sponsor: Rep. Duffy, Sean P. [R-WI-7] (Introduced 09/28/2017) Cosponsors: (1)
Committees: House - Financial Services
Latest Action: House - 09/28/2017 Referred to the House Committee on Financial Services.

S.1893 — 115th Congress (2017-2018)
A bill to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision, and for other purposes.
Sponsor: Sen. McCaskill, Claire [D-MO] (Introduced 09/28/2017) Cosponsors: (1)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 09/28/2017 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.3891 — 115th Congress (2017-2018)
To amend title XIX of the Social Security Act to clarify the authority of State Medicaid fraud and abuse control units to investigate and prosecute cases of Medicaid patient abuse and neglect in any setting, and for other purposes.
Sponsor: Rep. Walberg, Tim [R-MI-7] (Introduced 09/28/2017) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 09/28/2017 Referred to the House Committee on Energy and Commerce.

H.R.3888 — 115th Congress (2017-2018)
To amend the Public Health Service Act to provide grants for additional residency slots in children's hospitals graduate medical education programs.
Sponsor: Rep. Smucker, Lloyd [R-PA-16] (Introduced 09/28/2017) Cosponsors: (3)
Committees: House - Energy and Commerce
Latest Action: House - 09/28/2017 Referred to the House Committee on Energy and Commerce.

H.R.3880 — 115th Congress (2017-2018)
To amend the Public Health Service Act to authorize and support the creation and dissemination of cardiomyopathy education, awareness, and risk assessment materials and resources to identify more at-risk families, to authorize research and surveillance activities relating to cardiomyopathy, and for other purposes.
Sponsor: Rep. Pallone, Frank, Jr. [D-NJ-6] (Introduced 09/28/2017) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: House - 09/28/2017 Referred to the House Committee on Energy and Commerce.

H.R.3877 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to protect health care consumers from surprise billing practices, and for other purposes.
Sponsor: Rep. Lujan Grisham, Michelle [D-NM-1] (Introduced 09/28/2017) Cosponsors: (0)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 09/28/2017 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...

H.R.3862 — 115th Congress (2017-2018)
To amend the Public Health Service Act to extend funding for the National Health Service Corps program.
Sponsor: Rep. Butterfield, G. K. [D-NC-1] (Introduced 09/28/2017) Cosponsors: (2)
Committees: House - Energy and Commerce
Latest Action: House - 09/28/2017 Referred to the House Committee on Energy and Commerce.

S.1899 — 115th Congress (2017-2018)
A bill to reauthorize and extend funding for community health centers and the National Health Service Corps.
Sponsor: Sen. Blunt, Roy [R-MO] (Introduced 09/28/2017) Cosponsors: (9)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 09/28/2017 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.1898 — 115th Congress (2017-2018)
A bill to amend the Internal Revenue Code of 1986 to retroactively repeal the individual mandate for health insurance.
Sponsor: Sen. Daines, Steve [R-MT] (Introduced 09/28/2017) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: Senate - 09/28/2017 Read twice and referred to the Committee on Finance.

 

Tax

H.R.3892 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to provide an exception for certain spun-off voluntary employees' beneficiary associations to the limitation on the exemption from tax on unrelated business taxable income of amounts set aside for qualified benefits.
Sponsor: Rep. Walorski, Jackie [R-IN-2] (Introduced 09/28/2017) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 09/28/2017 Referred to the House Committee on Ways and Means.

H.R.3886 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to increase the unified credit against the estate and gift tax and to simplify the estate and gift tax rates.
Sponsor: Rep. Scott, Austin [R-GA-8] (Introduced 09/28/2017) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 09/28/2017 Referred to the House Committee on Ways and Means.

 

Transportation

H.R.3889 — 115th Congress (2017-2018)
To amend the FAST Act to modify eligibility requirements for participation in a commercial driver pilot program, and for other purposes.
Sponsor: Rep. Tenney, Claudia [R-NY-22] (Introduced 09/28/2017) Cosponsors: (1)
Committees: House - Transportation and Infrastructure
Latest Action: House - 09/28/2017 Referred to the House Committee on Transportation and Infrastructure.

S.1885 — 115th Congress (2017-2018)
A bill to support the development of highly automated vehicle safety technologies, and for other purposes.
Sponsor: Sen. Thune, John [R-SD] (Introduced 09/28/2017) Cosponsors: (3)
Committees: Senate - Commerce, Science, and Transportation
Latest Action: Senate - 09/28/2017 Read twice and referred to the Committee on Commerce, Science, and Transportation.

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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ Williams & Jensen Mourns Its Co-founder, JD Williams: bit.ly/2BBOUrT
TheFirmWJ
TheFirmWJ Bills slated for consideration on the House floor next week: bit.ly/2m5O3e3
TheFirmWJ
TheFirmWJ Bills to be considered on the House floor next week as of noon on 12/7: bit.ly/2AD5lFl pic.twitter.com/p...