PublicationsInsights on Current Policy Issues

  • August 13, 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
  • 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

The Senate will resume consideration of the motion to proceed to H.R.2579, the intended vehicle for immigration legislation.

THE HOUSE

 

Friday

  • The House was not in session.

 

Today

  • The House is not in session.

 

THE SENATE

 

Friday

  • Measures Passed:
    • Enrollment Correction: Senate agreed to H. Con. Res. 104, providing for a correction in the enrollment of H.R. 1892, after agreeing to the following amendment proposed thereto:
      • McConnell Amendment No. 1941, in the nature of a substitute.
    • National Tribal Colleges and Universities Week:
      • Senate agreed to S. Res. 400, designating the week beginning February 11, 2018, as ``National Tribal Colleges and Universities Week''.
    • Department of Defense Appropriations Act, 2017:
      • Senate passed H.R. 1301, making appropriations for the Department of Defense for the fiscal year ending September 30, 2017, after agreeing to the following amendment proposed thereto:
        • McConnell Amendment No. 1942, in the nature of a substitute.
  • Measures Considered:
    • Broader Options for Americans Act--Cloture:
      • Senate began consideration of the motion to proceed to consideration of H.R. 2579, to amend the Internal Revenue Code of 1986 to allow the premium tax credit with respect to unsubsidized COBRA continuation coverage.
  • A motion was entered to close further debate on the motion to proceed to consideration of the bill, and, in accordance with the provisions of Rule XXII of the Standing Rules of the Senate, and pursuant to the unanimous-consent agreement of Friday, February 9, 2018, a vote on cloture will occur at 5:30 p.m. on Monday, February 12, 2018.
  • A unanimous-consent agreement was reached providing that at approximately 3 p.m., on Monday, February 12, 2018, Senate resume consideration of the motion to proceed to consideration of the bill; and that notwithstanding the provisions of Rule XXII, the vote on the motion to invoke cloture on the motion to proceed to consideration of the bill occur at 5:30 p.m.
  • House Messages:
    • Bipartisan Budget Act: By 71 yeas to 28 nays (Vote No. 31), Senate agreed to the motion to concur in the amendment of the House to the amendment of the Senate to H.R. 1892, to amend title 4, United States Code, to provide for the flying of the flag at half-staff in the event of the death of a first responder in the line of duty, with Amendment No. 1930, in the nature of a substitute, and after taking action on the following motions and amendments proposed thereto:
      • Withdrawn:
        • McConnell Amendment No. 1931 (to Amendment No. 1930), to change the enactment date.
  • During consideration of this measure today, Senate also took the following action:
    • By 73 yeas to 26 nays (Vote No. 30), three-fifths of those Senators duly chosen and sworn, having voted in the affirmative, Senate agreed to the motion to close further debate on McConnell motion to concur in the amendment of the House to the amendment of the Senate to the bill, with Amendment No. 1930 (listed above).
    • McConnell motion to refer the message of the House on the bill to the Committee on Appropriations, with instructions, McConnell Amendment No. 1932, to change the enactment date, fell when cloture was invoked on McConnell motion to concur in the amendment of the House to the amendment of the Senate to the bill, with Amendment No. 1930 (listed above).
    • McConnell Amendment No. 1933 (to (the instructions) Amendment No. 1932), of a perfecting nature, fell when McConnell motion to refer the message of the House on the bill to the Committee on Appropriations, with instructions, McConnell Amendment No. 1932 (listed above) fell.
    • McConnell Amendment No. 1934 (to Amendment No. 1933), of a perfecting nature, fell when McConnell Amendment No. 1933 (to (the instructions) Amendment No. 1932) (listed above) fell.
    • Signing Authority--Agreement:
      • A unanimous-consent agreement was reached providing that Senators Murkowski, Barrasso, Tillis, and Rounds be authorized to sign duly enrolled bills or joint resolutions on Friday, February 9, 2018.
    • Bipartisan Budget Act--Agreement:
      • A unanimous-consent agreement was reached providing that if the House of Representatives does not concur in the amendment of the Senate to the amendment of the House to the amendment of the Senate to H.R. 1892, to amend title 4, United States Code, to provide for the flying of the flag at half-staff in the event of the death of a first responder in the line of duty, the Senate adjourn until 11 a.m., on Friday, February 9, 2018.

 

Today

  • On Monday, following Leader remarks, the Senate will resume consideration of the motion to proceed to H.R.2579, the intended vehicle for immigration legislation. At 5:30pm, the Senate will vote on the motion to invoke cloture on the motion to proceed to H.R.2579.

 

Hearings Covered by W&J Today

 

No hearings scheduled

 

Notable Legislation Introduced

 

Energy

H.R.4977 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to allow a credit for certain facilities that remediate and reclaim coal refuse sites in the United States by producing electricity from coal refuse.
Sponsor: Rep. Barletta, Lou [R-PA-11] (Introduced 02/08/2018) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 02/08/2018 Referred to the House Committee on Ways and Means.

 

Financial Services

S.2405 — 115th Congress (2017-2018)
A bill to amend the Federal Deposit Insurance Act to clarify capital requirements for certain acquisition, development, or construction loans.
Sponsor: Sen. Cotton, Tom [R-AR] (Introduced 02/08/2018) Cosponsors: (1)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 02/08/2018 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.4987 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to provide for technical amendments to the Merit-based Incentive Payment System under Medicare.
Sponsor: Rep. Burgess, Michael C. [R-TX-26] (Introduced 02/08/2018) Cosponsors: (3)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 02/08/2018 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.4978 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible.
Sponsor: Rep. Black, Diane [R-TN-6] (Introduced 02/08/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 02/08/2018 Referred to the House Committee on Ways and Means.

S.2410 — 115th Congress (2017-2018)
A bill to amend the Internal Revenue Code of 1986 to permit high deductible health plans to provide chronic disease prevention services to plan enrollees prior to satisfying their plan deductible.
Sponsor: Sen. Thune, John [R-SD] (Introduced 02/08/2018) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 02/08/2018 Read twice and referred to the Committee on Finance.

S.2406 — 115th Congress (2017-2018)
A bill to advance cutting-edge research initiatives of the National Institutes of Health.
Sponsor: Sen. Alexander, Lamar [R-TN] (Introduced 02/08/2018) Cosponsors: (3)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Actioan: Senate - 02/08/2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions

 

Tax

H.R.4993 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to authorize the designation of additional taxable vaccines.
Sponsor: Rep. Kelly, Mike [R-PA-3] (Introduced 02/08/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 02/08/2018 Referred to the House Committee on Ways and Means.

PublicationsInsights on Current Policy Issues

  • August 13, 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
  • 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
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