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

The House and the Senate are not in Session.

THE HOUSE

 

Yesterday

  • The House was not in Session.

 

Today

  • The House is not in Session.

 

THE SENATE

 

Yesterday

  • Roll Call Votes
    1. Confirmation of Executive Calendar #200 David Bernhardt, of Virginia, to be Secretary of the Interior; confirmed: 56-41.
  • Legislative Business
    • Began the Rule 14 process to place on the Legislative Calendar of Business:
    • H.R.1644: Save the Internet Act of 2019
    • H.R.1957: Taxpayer First Act of 2019
    • Agreed to S.Con.Res.14: use of Emancipation Hall re:King Kamehameha I.
    • Agreed to H.Con.Res.31: authorizing the use of Emancipation Hall ceremony as part of the commemoration of the days of remembrance of victims of the Holocaust.
    • Adopted S.Res.163: Baylor Women’s Basketball.
    • Adopted S.Res.164: Virginia Men’s Basketball.
    • Adopted S.Res.165: recognizing the importance of vaccinations and immunizations in the United States.
    • Adopted S.Res.166: Silver Star Service Banner Day.
    • Adopted S.Res.167: National Parks Week.
    • Adopted S.Res.168: Financial Literacy Month.
    • Adopted S.Res.85: Easterseals.
    • Adopted S.Res.131: National 9-1-1 Education Month.
    • Adopted S.Res.136: National Safe Digging Month.
    • Adopted to Calendar #56, S.Res.23: Countering International Parental Child Abduction Month.
    • Upon receipt of H.R.1222, if the text is the same as S.94, H.R.1222 will be passed.

 

Today

  • The Senate is not in Session.

 

Notable Legislation Introduced

 

Cybersecurity

S.1166 — 116th Congress (2019-2020)
A bill to direct the Assistant Secretary of Commerce for Communications and Information to make grants for the establishment or expansion of internet exchange facilities, and for other purposes.
Sponsor: Sen. Blackburn, Marsha [R-TN] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Commerce, Science, and Transportation
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Commerce, Science, and Transportation.

 

Energy

S.1217 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to eliminate the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties.
Sponsor: Sen. Inhofe, James M. [R-OK] (Introduced 04/11/2019) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1201 — 116th Congress (2019-2020)
A bill to amend the fossil energy research and development provisions of the Energy Policy Act of 2005 to enhance fossil fuel technology, and for other purposes.
Sponsor: Sen. Manchin, Joe, III [D-WV] (Introduced 04/11/2019) Cosponsors: (4)
Committees: Senate - Energy and Natural Resources
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Energy and Natural Resources.

S.1183 — 116th Congress (2019-2020)
A bill to establish an energy storage and microgrid grant and technical assistance program.
Sponsor: Sen. Klobuchar, Amy [D-MN] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Energy and Natural Resources
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Energy and Natural Resources.

S.1155 — 116th Congress (2019-2020)
A bill to terminate the prohibitions on the exportation and importation of natural gas, and for other purposes.
Sponsor: Sen. Cassidy, Bill [R-LA] (Introduced 04/11/2019) Cosponsors: (2)
Committees: Senate - Energy and Natural Resources
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Energy and Natural Resources.

 

Health

S.1213 — 116th Congress (2019-2020)
A bill to provide health insurance reform, and for other purposes.
Sponsor: Sen. Warren, Elizabeth [D-MA] (Introduced 04/11/2019) Cosponsors: (6)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1209 — 116th Congress (2019-2020)
A bill to amend the Federal Food, Drug, and Cosmetic Act with respect to approval of abbreviated new drug applications.
Sponsor: Sen. Cassidy, Bill [R-LA] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.1202 — 116th Congress (2019-2020)
A bill to amend title XVIII of the Social Security Act to provide for a permanent Independence at Home medical practice program under the Medicare program.
Sponsor: Sen. Markey, Edward J. [D-MA] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1191 — 116th Congress (2019-2020)
A bill to reauthorize section 340H of the Public Health Service Act to continue to encourage the expansion, maintenance, and establishment of approved graduate medical residency programs at qualified teaching health centers, and for other purposes.
Sponsor: Sen. Collins, Susan M. [R-ME] (Introduced 04/11/2019) Cosponsors: (7)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pension

S.1190 — 116th Congress (2019-2020)
A bill to amend title XVIII of the Social Security Act to provide for payments for certain rural health clinic and Federally qualified health center services furnished to hospice patients under the Medicare program.
Sponsor: Sen. Capito, Shelley Moore [R-WV] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1173 — 116th Congress (2019-2020)
A bill to amend the Public Health Service Act to reauthorize the Emergency Medical Services for Children program.
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.1170 — 116th Congress (2019-2020)
A bill to amend the Employee Retirement Income Security Act of 1974 to establish additional criteria for determining when employers may join together in a group or association of employers that will be treated as an employer under section 3(5) of such Act for purposes of sponsoring a group health plan, and for other purposes.
Sponsor: Sen. Enzi, Michael B. [R-WY] (Introduced 04/11/2019) Cosponsors: (24)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.1140 — 116th Congress (2019-2020)
A bill to amend the Public Health Service Act with respect to the treatment under section 351(k)(7) of such Act (relating to exclusivity for reference products) of certain products deemed to have a biological product license pursuant to section 7002 of the Biologics Price Competition and Innovation Act of 2009.
Sponsor: Sen. Smith, Tina [D-MN] (Introduced 04/11/2019) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 

Financial Services

S.1200 — 116th Congress (2019-2020)
A bill to create protections for depository institutions that provide financial services to cannabis-related legitimate businesses and service providers for such businesses, and for other purposes.
Sponsor: Sen. Merkley, Jeff [D-OR] (Introduced 04/11/2019) Cosponsors: (21)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Tax

S.1197 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to establish a tax credit for construction of new all-electric homes.
Sponsor: Sen. Markey, Edward J. [D-MA] (Introduced 04/11/2019) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1194 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to establish a free on-line tax preparation and filing service and programs that allow taxpayers to access third-party provided tax return information.
Sponsor: Sen. Warren, Elizabeth [D-MA] (Introduced 04/11/2019) Cosponsors: (11)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1192 — 116th Congress (2019-2020)
A bill to set minimum standards for tax return preparers.
Sponsor: Sen. Wyden, Ron [D-OR] (Introduced 04/11/2019) Cosponsors: (5)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1162 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.
Sponsor: Sen. Cruz, Ted [R-TX] (Introduced 04/11/2019) Cosponsors: (4)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

S.1149 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income.
Sponsor: Sen. Daines, Steve [R-MT] (Introduced 04/11/2019) Cosponsors: (2)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 Read twice and referred to the Committee on Finance.

 

Trade

S.1188 — 116th Congress (2019-2020)
A bill to promote United States-Mongolia trade by authorizing duty-free treatment for certain imports from Mongolia, and for other purposes.
Sponsor: Sen. Cardin, Benjamin L. [D-MD] (Introduced 04/11/2019) Cosponsors: (5)
Committees: Senate - Finance
Latest Action: Senate - 04/11/2019 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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