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.

     

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  • 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 House is expected to consider 11 bills under suspension of the rules.

House

 

Yesterday

  • Suspensions: The House agreed to suspend the rules and pass the following measures:
    • Designating the facility of the United States Postal Service located at 4514 Williamson Trail in Liberty, Pennsylvania, as the ``Staff Sergeant Ryan Scott Ostrom Post Office'': H.R. 1858, to designate the facility of the United States Postal Service located at 4514 Williamson Trail in Liberty, Pennsylvania, as the ``Staff Sergeant Ryan Scott Ostrom Post Office'', by a \2/3\ yea-and-nay vote of 397 yeas with none voting ``nay'', Roll No. 558;
    • Designating the facility of the United States Postal Service located at 2635 Napa Street in Vallejo, California, as the ``Janet Capello Post Office Building'': H.R. 2254, to designate the facility of the United States Postal Service located at 2635 Napa Street in Vallejo, California, as the ``Janet Capello Post Office Building'';
    • Designating the facility of the United States Postal Service located at 25 New Chardon Street Lobby in Boston, Massachusetts, as the ``John Fitzgerald Kennedy Post Office''; H.R. 2464, to designate the facility of the United States Postal Service located at 25 New Chardon Street Lobby in Boston, Massachusetts, as the ``John Fitzgerald Kennedy Post Office'', by a \2/3\ yea-and-nay vote of 395 yeas with none voting ``nay'', Roll No. 559;
    • Designating the facility of the United States Postal Service located at 2700 Cullen Boulevard in Pearland, Texas, as the ``Endy Ekpanya Post Office Building'': H.R. 294, to designate the facility of the United States Postal Service located at 2700 Cullen Boulevard in Pearland, Texas, as the ``Endy Ekpanya Post Office Building''; and
    • Javier Vega, Jr. Memorial Act of 2017: S. 1617, to designate the checkpoint of the United States Border Patrol located on United States Highway 77 North in Sarita, Texas, as the ``Javier Vega, Jr. Border Patrol Checkpoint''.

 

Today

  • The House reconvenes at noon for legislative business and is expected to consider measures under suspension of the rules and take a final vote on one bill previously debated under suspension of the rules (HR 452).
  • Bills:
    • HR 2105 — A bill to require the Director of the National Institute of Standards and Technology to disseminate guidance to help reduce small business cybersecurity risks, and for other purposes.
    • HR 2763 — Small Business Innovation Research and Small Business Technology Transfer Improvements Act
    • S 190 — Power And Security Systems (PASS) Act
    • S 920 — National Clinical Care Commission Act
    • HR 378 — Bonuses for Cost-Cutters Act
    • HR 2196 — A bill to amend title 5, United States Code, to allow whistleblowers to disclose information to certain recipients.
    • HR 2229 — All Circuit Review Act
    • HR 2989 — Frederick Douglass Bicentennial Commission Act
    • HR 3031 — TSP Modernization Act
    • HR 3243 — FITARA Enhancement Act
    • HR 452 — A bill to designate the facility of the United States Postal Service located at 324 West Saint Louis Street in Pacific, Missouri, as the "Specialist Jeffrey L. White, Jr. Post Office".

 

Senate

 

Yesterday

  • The Senate was not in session.

 

Today

  • The Senate is not in session.

 

Hearings Covered by W&J Today

 

The Hill
Cracking the Tax Code: Prospects for Reform

House Agriculture
CFTC Agenda

House Energy and Commerce
Covered Entities and the 340B Discount Drug Program

House Financial Services
Financial Services Bill Markup

SEC
Open Meeting

House Transportation and Infrastructure
Highways and Transit Infrastructure

House Ways and Means
Expanding U.S. Trade Relationships in the Asia-Pacific Region

House Energy and Commerce
Opioid Crisis

Codex Committee on Food Hygiene

 

Notable Legislation Introduced

 

Health

H.R.4005 — 115th Congress (2017-2018)
To amend title XIX of the Social Security Act to allow for medical assistance under Medicaid for inmates during the 30-day period preceding release from a public institution.
Sponsor: Rep. Tonko, Paul [D-NY-20] (Introduced 10/10/2017) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: House - 10/10/2017 Referred to the House Committee on Energy and Commerce.

H.R.4004 — 115th Congress (2017-2018)
To amend the Patient Protection and Affordable Care Act to require employees of the White House to enroll in Obamacare, and for other purposes.
Sponsor: Rep. Posey, Bill [R-FL-8] (Introduced 10/10/2017) Cosponsors: (0)
Committees: House - Oversight and Government Reform, Energy and Commerce
Latest Action: House - 10/10/2017 Referred to the Committee on Oversight and Government Reform, 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...

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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