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.

     

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  • 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.

     

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The House will consider H.R. 6691 – Community Security and Safety Act of 2018

THE HOUSE

 

Yesterday

  • Community Safety and Security Act of 2018--Rule for Consideration:
    • The House agreed to H. Res. 1051, providing for consideration of the bill (H.R. 6691) to amend title 18, United States Code, to clarify the definition of ``crime of violence'', and providing for consideration of motions to suspend the rules, by a recorded vote of 225 ayes to 179 noes, Roll No. 387, after the previous question was ordered by a yea-and-nay vote of 224 yeas to 181 nays, Roll No. 386.
  • Interior, Environment, Financial Services, and General Government Appropriations Act, 2019:
    • The House agreed by voice vote to the Calvert motion to disagree to the Senate amendment and request a conference on H.R 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019.
  • Rejected the McCollum motion to instruct conferees by a yea-and-nay vote of 187 yeas to 218 nays, Roll No. 388.
  • Later, the Chair appointed the following conferees: Representatives Frelinghuysen, Aderholt, Simpson, Calvert, Cole, Diaz-Balart, Graves (GA), Young (IA), Rutherford, Lowey, Price (NC), Bishop (GA), McCollum, Quigley, and Pingree.
  • Ensuring Small Scale LNG Certainty and Access Act:
    • The House passed H.R. 4606, to provide that applications under the Natural Gas Act for the importation or exportation of small volumes of natural gas shall be granted without modification or delay, by a recorded vote of 260 ayes to 146 noes, Roll No. 392.
  • Rejected the Watson Coleman motion to recommit the bill to the Committee on Energy and Commerce with instructions to report the same back to the House forthwith with an amendment, by a recorded vote of 178 ayes to 231 noes, Roll No. 391.
  • Rejected:
    • Pallone amendment (No. 1 printed in part B of H. Rept. 115–919) that sought to state that on Page 3, line 18, insert ``after opportunity for hearing and public input,'' after ``delay'' (by a recorded vote of 176 ayes to 227 noes, Roll No. 389); and
    • DeGette amendment (No. 2 printed in part B of H. Rept. 115–919) that sought to require export applications to show that the natural gas to be exported was produced using available techniques to minimize methane emissions from leaks or venting (by a recorded vote of 195 ayes to 210 noes, Roll No. 390).
  • H. Res. 1049, the rule providing for consideration of the bills (H.R. 1635) and (H.R. 4606) was agreed to yesterday, September 5th.

 

Today

  • On Friday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:00 a.m. – 11:00 a.m.
  • H.R. 6691 – Community Security and Safety Act of 2018 (Closed Rule, One Hour of Debate) (Sponsored by Rep. Karen Handel / Judiciary Committee)

 

THE SENATE

 

Yesterday

  • Measures Passed:
    • Majority Party's Membership on Certain Committees: Senate agreed to S. Res. 623, to constitute the majority party's membership on certain committees for the One Hundred Fifteenth Congress, or until their successors are chosen.
  • Sage-Grouse and Mule Deer Habitat Conservation and Restoration Act:
    • Committee on Environment and Public Works was discharged from further consideration of S. 1417, to require the Secretary of the Interior to develop a categorical exclusion for covered vegetative management activities carried out to establish or improve habitat for greater sage-grouse and mule deer, and the bill was then passed, after agreeing to the following amendment proposed thereto:
      • McConnell (for Hatch/Heinrich) Amendment No. 4012, in the nature of a substitute.
  • Tribal Social Security Fairness Act:
    • Senate passed H.R. 6124, to amend title II of the Social Security Act to authorize voluntary agreements for coverage of Indian tribal council members.
  • Great Lakes Environmental Sensitivity Index Act:
    • Senate passed S. 1586, to require the Under Secretary for Oceans and Atmosphere to update periodically the environmental sensitivity index products of the National Oceanic and Atmospheric Administration for each coastal area of the Great Lakes, after agreeing to the committee amendment in the nature of a substitute.
  • Gold Star Families Remembrance Week:
    • Committee on the Judiciary was discharged from further consideration of S. Res. 522, designating the week of September 23 through September 29, 2018 as ``Gold Star Families Remembrance Week'', and the resolution was then agreed to.
  • School Bus Safety Month:
    • Committee on the Judiciary was discharged from further consideration of S. Res. 603, designating September 2018 as ``School Bus Safety Month'', and the resolution was then agreed to.
  • National Child Awareness Month:
    • Committee on the Judiciary was discharged from further consideration of S. Res. 612, designating September 2018 as ``National Child Awareness Month'' to promote awareness of charities that benefit children and youth-serving organizations throughout the United States and recognizing the efforts made by those charities and organizations on behalf of children and youth as critical contributions to the future of the United States, and the resolution was then agreed to.
  • Commemorating Arthur Ashe:
    • Senate agreed to S. Res. 624, commemorating Arthur Ashe, a native of Richmond, Virginia, on the 50th anniversary of his historic win at the 1968 U.S. Open Tennis Championship and honoring his humanitarian contributions to civil rights, education, the movement against apartheid in South Africa, and HIV/AIDS awareness.
  • Sports Medicine Licensure Clarity Act:
    • Committee on Health, Education, Labor, and Pensions was discharged from further consideration of H.R. 302, to provide protections for certain sports medicine professionals who provide certain medical services in a secondary State, and the bill was then passed, after agreeing to the following amendment proposed thereto:
      • McConnell (for Alexander) Amendment No. 4014, in the nature of a substitute.
  • House Messages:
  • Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act:
    • Senate insisted on its amendment to H.R. 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019, agreed to the request for a conference with the House thereon, and the Chair was authorized to appoint the following conferees on the part of the Senate:
      • Senators Murkowski, Collins, Lankford, Hoeven, Shelby, Hyde-Smith, Udall, Reed, Coons, Merkley, and Leahy.
  • Department of Defense and Labor, Health and Human Services, and Education Appropriations Act:
    • Senate insisted on its amendment to H.R. 6157, making appropriations for the Department of Defense for the fiscal year ending September 30, 2019, agreed to the request for a conference with the House thereon, and the Chair was authorized to appoint the following conferees on the part of the Senate:
      • Senators Shelby, Blunt, Graham, Moran, Durbin, Murray, and Leahy.
  • Patient Right to Know Drug Prices Act--Agreement:
    • A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader in consultation with the democratic leader, Senate begin consideration of S. 2554, to ensure that health insurance issuers and group health plans do not prohibit pharmacy providers from providing certain information to enrollees, and that Senator Lee, or his designee, be recognized to call up Amendment No. 4011, and that there be one hour of debate equally divided, and that upon the use or yielding back of time, Senate vote on or in relation to Lee Amendment No. 4011, without intervening action or debate; and that upon disposition of Lee Amendment No. 4011, Senate vote on passage of the bill, as amended, if amended.
  • Support for Patients and Communities Act--Agreement:
    • A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader, in consultation with the democratic leader, Senate begin consideration of H.R. 6, to provide for opioid use disorder prevention, recovery, and treatment, and that Senator Alexander, or his designee, be recognized to call up Amendment No. 4013, and that there be one hour of debate, equally divided, and that upon the use or yielding back of that time, Alexander Amendment No. 4013, be agreed to, and Senate vote without intervening action or debate, on passage of the bill, as amended.
  • Pro Forma Sessions--Agreement:
    • A unanimous-consent agreement was reached providing that the Senate adjourn, to then convene for pro forma sessions only, with no business being conducted on the following dates and times, and that following each pro forma session, the Senate adjourn until the next pro forma session: Friday, September 7, 2018 at 9 a.m.; Tuesday, September 11, 2018 at 5 p.m.; and that when the Senate adjourns on Tuesday, September 11, 2018, it next convene at 3 p.m., on Wednesday, September 12, 2018.
  • Rettig Nomination--Cloture:
    • Senate began consideration of the nomination of Charles P. Rettig, of California, to be Commissioner of Internal Revenue, Department of the Treasury.
  • 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, and pursuant to the unanimous-consent agreement of Thursday, September 6, 2018, a vote on cloture will occur at 5:30 p.m. on Wednesday, September 12, 2018.
  • A unanimous-consent agreement was reached providing that Senate resume consideration of the nomination at approximately 3 p.m., on Wednesday, September 12, 2018; and that notwithstanding the provisions of Rule XXII, the cloture motion on the nomination ripen at 5:30 p.m.
  • Nominations Confirmed: Senate confirmed the following nominations:
    • Marilyn Jean Horan, of Pennsylvania, to be United States District Judge for the Western District of Pennsylvania.
    • William F. Jung, of Florida, to be United States District Judge for the Middle District of Florida.
    • Kari A. Dooley, of Connecticut, to be United States District Judge for the District of Connecticut.
    • By 60 yeas to 35 nays (Vote No. EX. 203), Dominic W. Lanza, of Arizona, to be United States District Judge for the District of Arizona.
    • By 79 yeas to 12 nays (Vote No. EX. 204), Charles J. Williams, of Iowa, to be United States District Judge for the Northern District of Iowa.
    • Robert R. Summerhays, of Louisiana, to be United States District Judge for the Western District of Louisiana.
    • Eric C. Tostrud, of Minnesota, to be United States District Judge for the District of Minnesota.
    • Alan D. Albright, of Texas, to be United States District Judge for the Western District of Texas.
    • Michael A. Hammer, of Maryland, a Career Member of the Senior Foreign Service, Class of Minister-Counselor, to be Ambassador to the Democratic Republic of the Congo.
    • Dereck J. Hogan, of Virginia, to be Ambassador to the Republic of Moldova.
    • Philip S. Kosnett, of Virginia, to be Ambassador to the Republic of Kosovo.
    • Stephanie Sanders Sullivan, of Maryland, to be Ambassador to the Republic of Ghana.
    • Judy Rising Reinke, of Virginia, to be Ambassador to Montenegro.
    • Randy W. Berry, of Colorado, to be Ambassador to the Federal Democratic Republic of Nepal.
    • Donald Lu, of California, to be Ambassador to the Kyrgyz Republic.
    • Alaina B. Teplitz, of Colorado, to be Ambassador to the Democratic Socialist Republic of Sri Lanka, and to serve concurrently and without additional compensation as Ambassador to the Republic of Maldives.

 

Today

  • The Senate is not in session.

 

Hearings Covered by W&J Today

 

House Financial Services
Terrorist Groups Means of Financing

 

Notable Legislation Introduced

 

Financial Services

H.R.6729 — 115th Congress (2017-2018)
To allow nonprofit organizations to register with the Secretary of the Treasury and share information on activities that may involve human trafficking or money laundering with financial institutions and regulatory authorities, under a safe harbor that offers protections from liability, in order to better identify and report potential human trafficking or money laundering activities.
Sponsor: Rep. Wagner, Ann [R-MO-2] (Introduced 09/06/2018) Cosponsors: (2)
Committees: House - Financial Services
Latest Action: House - 09/06/2018 Referred to the House Committee on Financial Services.

H.R.6721 — 115th Congress (2017-2018)
To amend title 31, United States Code, to modernize the research, development, information sharing, and acquisition process of the Financial Crimes Enforcement Network, and for other purposes.
Sponsor: Rep. Budd, Ted [R-NC-13] (Introduced 09/06/2018) Cosponsors: (1)
Committees: House - Financial Services
Latest Action: House - 09/06/2018 Referred to the House Committee on Financial Services.

 

Health

H.R.6717 — 115th Congress (2017-2018)
To amend the Federal Food, Drug, and Cosmetic Act to require that the label of drugs with an increased risk of suicide or depression present such increased risk prominently, and for other purposes.
Sponsor: Rep. Rush, Bobby L. [D-IL-1] (Introduced 09/06/2018) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: House - 09/06/2018 Referred to the House Committee on Energy and Commerce.

S.3420 — 115th Congress (2017-2018)
A bill to require the Food and Drug Administration to prioritize the promotional materials for drugs for serious, life-threatening diseases or conditions or substance use disorders, especially opioid drugs and drugs for medication-assisted treatment, in considering whether promotional materials are false or misleading.
Sponsor: Sen. Harris, Kamala D. [D-CA] (Introduced 09/06/2018) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 09/06/2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 

Tax

H.R.6726 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to repeal certain provisions applicable to foreign investment in United States real property.
Sponsor: Rep. Marchant, Kenny [R-TX-24] (Introduced 09/06/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 09/06/2018 Referred to the House Committee on Ways and Means.

H.R.6718 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to provide that health insurance coverage statements are required to be provided to individuals only upon request.
Sponsor: Rep. Kelly, Mike [R-PA-3] (Introduced 09/06/2018) Cosponsors: (2)
Committees: House - Ways and Means
Latest Action: House - 09/06/2018 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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