PublicationsInsights on Current Policy Issues

  • December 17, 2018

    By David E. Franasiak, Joel G. Oswald, Leah H. Kim, and Rebecca L. Konst

    This memorandum provides an update of federal action on cryptocurrencies, including enforcement and guidance. It also provides a summary of Congressional activity relating to cryptocurrencies and blockchain technology.

     

    Read...

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  • 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
  • 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 will consider one bill under suspension if the rules as well as consider H.R. 266 – Department of the Interior, Environment, and Related Agencies Appropriations Act, 2019. The Senate will resume consideration of the motion to proceed to S.1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people.

THE HOUSE

 

Yesterday

  • Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2019:
    • The House passed H.R. 267, making appropriations for the Department of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2019, by a yea-and-nay vote of 244 yeas to 180 nays, Roll No. 23.
  • Rejected the Diaz-Balart motion to recommit the bill to the Committee on Appropriations with instructions to report the same back to the House forthwith with an amendment, by a yea-and-nay vote of 193 yeas to 228 nays, Roll No. 22.
  • H. Res. 28, the rule providing for consideration of the bills (H.R. 264), (H.R. 265), (H.R. 266), and (H.R. 267) was agreed to yesterday, January 9th.
  • Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2019:
    • The House passed H.R. 265, making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2019, by a yea-and-nay vote of 243 yeas to 183 nays, Roll No. 25.
  • Rejected the Aderholt motion to recommit the bill to the Committee on Appropriations with instructions to report the same back to the House forthwith with amendments, by a yea-and-nay vote of 197 yeas to 229 nays, Roll No. 24.
  • H. Res. 28, the rule providing for consideration of the bills (H.R. 264), (H.R. 265), (H.R. 266), and (H.R. 267) was agreed to yesterday, January 9th.
  • Suspensions: The House agreed to suspend the rules and pass the following measures:
    • Protecting Diplomats from Surveillance Through Consumer Devices Act:
      • H.R. 115, to require the Department of State to establish a policy regarding the use of location-tracking consumer devices by employees at diplomatic and consular facilities;
    • United States-Mexico Economic Partnership Act:
      • H.R. 133, to promote economic partnership and cooperation between the United States and Mexico; and
    • Trans-Sahara Counterterrorism Partnership Act:
      • H.R. 192, to establish an interagency program to assist countries in North and West Africa to improve immediate and long-term capabilities to counter terrorist threats.
    • Joint Economic Committee--Appointment:
      • The Chair announced the Speaker's appointment of the following Member on the part of the House to the Joint Economic Committee: Representative Carolyn B. Maloney (NY).
    • Suspension--Proceedings Postponed: The House debated the following measure under suspension of the rules. Further proceedings were postponed.
      • Special Envoy to Monitor and Combat Anti-Semitism Act:
        • H.R. 221, to amend the State Department Basic Authorities Act of 1956 to monitor and combat anti-Semitism globally.

 

Today

  • H.R. 266 – Department of the Interior, Environment, and Related Agencies Appropriations Act, 2019 (Rep. McCollum – Appropriations)
  • Suspension (1 bill):
    • 24 – Government Employee Fair Treatment Act of 2019 (Sen. Cardin – Oversight and Reform)
  • Postponed Suspension (1 bill):
    • H.R. 221 – Special Envoy to Monitor and Combat Anti-Semitism Act (Rep. Smith (NJ) – Foreign Affairs)

 

THE SENATE

 

Yesterday

  • Measures Passed:
    • Government Employee Fair Treatment Act:
      • Senate passed S. 24, to provide for the compensation of Federal and other government employees affected by lapses in appropriations.
    • Commending the Clemson University Tigers Football Team:
      • Senate agreed to S. Res. 15, commending the Clemson University Tigers football team for winning the 2019 College Football Playoff National Championship.
    • Relative to the Death of Former Senator John Chester Culver:
      • Senate agreed to S. Res. 16, relative to the death of John Chester Culver, former United States Senator for the State of Iowa.
  • Measures Considered:
    • Strengthening America's Security In The Middle East Act--Agreement:
      • Senate continued consideration of the motion to proceed to consideration of S. 1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people.
  • During consideration of this measure today, Senate also took the following action:
    • By 53 yeas to 43 nays (Vote No. 2), three-fifths of those Senators duly chosen and sworn, not having voted in the affirmative, Senate rejected the motion to close further debate on the motion to proceed to consideration of the bill.
    • 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, a vote on cloture will occur on Monday, January 14, 2019.
    • A unanimous-consent agreement was reached providing for further consideration of the motion to proceed to consideration of the bill at approximately 10 a.m., on Friday, January 11, 2019.
  • Appointments:
    • United States Senate Caucus on International Narcotics Control:
      • The Chair, on behalf of the Majority Leader, pursuant to the provisions of Public Law 99–93, as amended by Public Law 99–151, appointed the following individuals to serve as members of the United States Senate Caucus on International Narcotics Control for the 116th Congress:
        • Senators Cornyn (Chairman), Grassley, Risch, and Perdue.
    • Syria Study Group:
      • The Chair, pursuant to the provisions of section 1501 of Public Law 115–254, on behalf of the Majority Leader of the Senate and the Chairman of the Senate Committee on Foreign Relations, appointed the following individual as a member of the Syria Study Group:
        • Chris Tuttle, of Virginia.

 

Today

  • Following leader remarks, the Senate will resume consideration of the motion to proceed to S.1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people, and for other purposes.
  • There will be no roll call votes during Friday’s session.

 

Hearings Covered by W&J Today

 

No hearings scheduled

 

Notable Legislation Introduced

 

Energy

H.R.484 — 116th Congress (2019-2020)
To amend the Mineral Leasing Act to authorize the Secretary of the Interior to regulate hydraulic fracturing operations on Federal lands, and for other purposes.
Sponsor: Rep. Soto, Darren [D-FL-9] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Natural Resources, Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the Committee on Natural Resources, 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 the committee...

H.R.436 — 116th Congress (2019-2020)
To re-establish certain hydraulic fracturing chemical disclosure rules, standards for well construction, and waste management rules, and for other purposes.
Sponsor: Rep. Soto, Darren [D-FL-9] (Introduced 01/10/2019) Cosponsors: (5)
Committees: House - Energy and Commerce, Transportation and Infrastructure, Natural Resources
Latest Action: House - 01/10/2019 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, and Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall...

 

Financial Services

H.R.472 — 116th Congress (2019-2020)
To allow communities to develop alternative flood insurance rate maps, and for other purposes.
Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 01/10/2019 Referred to the House Committee on Financial Services.

H.R.471 — 116th Congress (2019-2020)
To provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes.
Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 01/10/2019 Referred to the House Committee on Financial Services.

H.R.470 — 116th Congress (2019-2020)
To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes.
Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 01/10/2019 Referred to the House Committee on Financial Services.

H.R.469 — 116th Congress (2019-2020)
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 01/10/2019 Referred to the House Committee on Financial Services.

H.R.442 — 116th Congress (2019-2020)
To amend the Consumer Financial Protection Act of 2010 to extend the supervisory authority of the Bureau of Consumer Financial Protection to include assessing compliance with the Military Lending Act.
Sponsor: Rep. Barr, Andy [R-KY-6] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Financial Services, Armed Services
Latest Action: House - 01/10/2019 Referred to the Committee on Financial Services, and in addition to the Committee on Armed Services, 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...

 

Health

H.R.478 — 116th Congress (2019-2020)
To amend the Federal Food, Drug, and Cosmetic Act to allow for the personal importation of safe and affordable drugs from approved pharmacies in Canada.
Sponsor: Rep. Pingree, Chellie [D-ME-1] (Introduced 01/10/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

H.R.465 — 116th Congress (2019-2020)
To significantly lower prescription drug prices for patients in the United States by ending government-granted monopolies for manufacturers who charge drug prices that are higher than the median prices at which the drugs are available in other countries.
Sponsor: Rep. Khanna, Ro [D-CA-17] (Introduced 01/10/2019) Cosponsors: (14)
Committees: House - Energy and Commerce, Judiciary
Latest Action: House - 01/10/2019 Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, 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.461 — 116th Congress (2019-2020)
To amend the Public Health Service Act to ensure appropriate care by certain 340B covered entities for victims of sexual assault, and for other purposes.
Sponsor: Rep. Griffith, H. Morgan [R-VA-9] (Introduced 01/10/2019) Cosponsors: (2)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

H.R.460 — 116th Congress (2019-2020)
To amend title XIX of the Social Security Act to amend the Federal medical assistance percentage for the District of Columbia for fiscal years after 2020, and for other purposes.
Sponsor: Rep. Griffith, H. Morgan [R-VA-9] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

H.R.457 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to increase the maximum contribution limit for health savings accounts, and for other purposes.
Sponsor: Rep. Fortenberry, Jeff [R-NE-1] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 01/10/2019 Referred to the House Committee on Ways and Means.

H.R.456 — 116th Congress (2019-2020)
To amend the Patient Protection and Affordable Care Act to permit insurers to offer catastrophic coverage plans to anyone, and for other purposes.
Sponsor: Rep. Fortenberry, Jeff [R-NE-1] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

H.R.448 — 116th Congress (2019-2020)
To amend title XVIII of the Social Security Act to provide for the negotiation of lower covered part D drug prices on behalf of Medicare beneficiaries and the establishment and application of a formulary by the Secretary of Health and Human Services under Medicare part D, and for other purposes.
Sponsor: Rep. Cummings, Elijah E. [D-MD-7] (Introduced 01/10/2019) Cosponsors: (17)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 01/10/2019 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.447 — 116th Congress (2019-2020)
To amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
Sponsor: Rep. Cummings, Elijah E. [D-MD-7] (Introduced 01/10/2019) Cosponsors: (21)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

H.R.437 — 116th Congress (2019-2020)
To amend the Public Health Service Act to prohibit research with human fetal tissue obtained pursuant to an abortion, and for other purposes.
Sponsor: Rep. Sensenbrenner, F. James, Jr. [R-WI-5] (Introduced 01/10/2019) Cosponsors: (6)
Committees: House - Energy and Commerce
Latest Action: House - 01/10/2019 Referred to the House Committee on Energy and Commerce.

S.106 — 116th Congress (2019-2020)
A bill to reauthorize and extend funding for community health centers and the National Health Service Corps.
Sponsor: Sen. Blunt, Roy [R-MO] (Introduced 01/10/2019) Cosponsors: (18)
Committees: Senate - Finance
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Finance.

S.102 — 116th Congress (2019-2020)
A bill to significantly lower prescription drug prices for patients in the United States by ending government-granted monopolies for manufacturers who charge drug prices that are higher than the median prices at which the drugs are available in other countries.
Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 01/10/2019) Cosponsors: (5)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.99 — 116th Congress (2019-2020)
A bill to amend title XVIII of the Social Security Act to provide for the negotiation of lower covered part D drug prices on behalf of Medicare beneficiaries and the establishment and application of a formulary by the Secretary of Health and Human Services under Medicare part D, and for other purposes.
Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 01/10/2019) Cosponsors: (7)
Committees: Senate - Finance
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Finance.

S.97 — 116th Congress (2019-2020)
A bill to amend the Federal Food, Drug, and Cosmetic Act to allow for the importation of affordable and safe drugs by wholesale distributors, pharmacies, and individuals.
Sponsor: Sen. Sanders, Bernard [I-VT] (Introduced 01/10/2019) Cosponsors: (23)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.80 — 116th Congress (2019-2020)
A bill to repeal the annual fee on health insurance providers enacted by the Patient Protection and Affordable Care Act.
Sponsor: Sen. Barrasso, John [R-WY] (Introduced 01/10/2019) Cosponsors: (2)
Committees: Senate - Finance
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Finance.

 

Tax

H.R.476 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to increase for 2 years the residential energy credit and the investment tax credit with respect to solar property with a nameplate capacity of less than 20 kilowatts.
Sponsor: Rep. Neguse, Joe [D-CO-2] (Introduced 01/10/2019) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 01/10/2019 Referred to the House Committee on Ways and Means.

S.110 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to provide for a permanent extension of the lower income threshold for the medical expense deduction.
Sponsor: Sen. Collins, Susan M. [R-ME] (Introduced 01/10/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Finance.

S.73 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to deny the deduction for advertising and promotional expenses for prescription drugs.
Sponsor: Sen. Shaheen, Jeanne [D-NH] (Introduced 01/10/2019) Cosponsors: (20)
Committees: Senate - Finance
Latest Action: Senate - 01/10/2019 Read twice and referred to the Committee on Finance.

PublicationsInsights on Current Policy Issues

  • December 17, 2018

    By David E. Franasiak, Joel G. Oswald, Leah H. Kim, and Rebecca L. Konst

    This memorandum provides an update of federal action on cryptocurrencies, including enforcement and guidance. It also provides a summary of Congressional activity relating to cryptocurrencies and blockchain technology.

     

    Read...

    Read More
  • 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
  • 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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