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.

     

    Read...

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The House will meet at 12:00 p.m. for Morning Hour debate and 2:00 p.m. for legislative business. The Senate will resume consideration of S.1, Strengthening America's Security in the Middle East Act of 2019, post-cloture.

THE HOUSE

 

Yesterday

  • The House was not in session.

 

Today

  • On Tuesday, the House will meet at 12:00 p.m. for Morning Hour debate and 2:00 p.m. for legislative business.  Following one-minute speeches, the House will recess to allow for a security sweep of the House Chamber prior to the President’s State of the Union address.  The House will meet again at approximately 8:35 p.m. in a joint session with the Senate for the purposes of receiving an address from the President of the United States.
  • Members are requested to be on the Floor and seated no later than 8:25 p.m.
  • **Members are advised that no votes are expected in the House on Tuesday.   First votes of the week are expected to occur at approximately 2:00 p.m. on Wednesday, February 6th.

 

THE SENATE

 

Yesterday

  • Roll Call Votes
    1. McConnell amendment #65, as amended with Menendez #96; agreed to: 70-26.
    2. Motion to invoke cloture on S.1, Strengthening America's Security in the Middle East Act of 2019, as amended; invoked: 72-24.
  • Legislative Business
    • Agreed to H.Con.Res.9: providing for a joint session of Congress to receive a message from the President (SOTU).

 

Today

  • The Senate stands adjourned until 10:00 a.m. on Tuesday, February 5, 2019.
  • Following Leader remarks, the Senate will resume consideration of S.1, Strengthening America's Security in the Middle East Act of 2019, post-cloture.
  • The Senate will recess from 12:30 p.m. until 2:15 p.m. to allow for the weekly caucus meetings.
  • At 3:30 p.m., all post-cloture time on S.1 will expire and the Senate will vote on passage of the bill, as amended. Upon disposition of S.1, the Senate will vote on the motion to invoke cloture on the motion to proceed to S.47, the lands package.
  • At 9:00 p.m., President Donald Trump will deliver the State of the Union address from the Hall of the House of Representatives in the U.S. Capitol. The Senate will begin gathering in the Senate Chamber at 8:20 p.m. and depart from the Senate Chamber at 8:25 p.m. to proceed as a body to the Hall of the House.

 

Hearings Covered by W&J Today

 

Senate EPW
Markup/Nomination Vote

Senate Finance
Organizational Meeting/Nomination Votes

Senate Appropriations
VA Electronic Health Record Modernization

NCPERS
2018 Public Retirement Systems Survey

 

Notable Legislation Introduced

 

Financial Services

S.322 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to promote retirement savings on behalf of small business employees by making improvements to SIMPLE retirement accounts and easing the transition from a SIMPLE plan to a 401(k) plan, and for other purposes.
Sponsor: Sen. Collins, Susan M. [R-ME] (Introduced 02/04/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 02/04/2019 Read twice and referred to the Committee on Finance.

 

Health

S.317 — 116th Congress (2019-2020)
A bill to amend title XIX of the Social Security Act to provide States with the option of providing coordinated care for children with complex medical conditions through a health home.
Sponsor: Sen. Grassley, Chuck [R-IA] (Introduced 02/04/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 02/04/2019 Read twice and referred to the Committee on Finance.

 

Puerto Rico

H.R.947 — 116th Congress (2019-2020)
To extend the supplemental security income program to Puerto Rico, the United States Virgin Islands, Guam, and American Samoa, and for other purposes.
Sponsor: Rep. Gonzalez-Colon, Jennifer [R-PR-At Large] (Introduced 02/04/2019) Cosponsors: (6)
Committees: House - Ways and Means
Latest Action: House - 02/04/2019 Referred to the House Committee on Ways and Means.

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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