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 will consider thirteen bills under suspension of the Rules. The Senate will resume consideration of Executive Calendar #25, Michael J. Truncale, of Texas, to be United States District Judge for the Eastern District of Texas, post-cloture.

THE HOUSE

 

Yesterday

  • The House was not in Session.

 

Today

  • One Minutes (Unlimited)
  • Suspensions (13 bills)
    • H.R. 299 –  Blue Water Navy Vietnam Veterans Act of 2019, as amended (Rep. Takano – Veterans’ Affairs)
    • H.R. 2379 – To reauthorize the Bulletproof Vest Partnership Grant Program, as amended (Rep. Pascrell – Judiciary)
    • H.R. 1999 – FLAG Act of 2019 (Rep. Jeffries – Judiciary)
    • H.R. 1594 – First Responder Access to Innovative Technologies Act (Rep. Payne – Homeland Security)
    • H.R. 1313 – Transit Security Grant Program Flexibility Act, as amended (Rep. King (NY) – Homeland Security)
    • H.R. 1437 – Securing Department of Homeland Security Firearms Act of 2019 (Rep. Correa – Homeland Security)
    • H.R. 1912 – DHS Acquisition Documentation Integrity Act of 2019 (Rep. Torres Small – Homeland Security)
    • H.R. 1892 – Quadrennial Homeland Security Review Technical Corrections Act of 2019 (Rep. Watson Coleman – Homeland Security)
    • H.R. 2066 – DHS Intelligence Rotational Assignment Program of 2019 (Rep. Gallagher – Homeland Security)
    • H.R. 2578 – National Flood Insurance Program Extension Act of 2019 (Rep. Waters – Financial Services)
    • H.R. 389 – Kleptocracy Asset Recovery Rewards Act, as amended (Rep. Lynch – Financial Services)
    • H.R. 1060 – BUILD Act, as amended (Rep. Loudermilk – Financial Services)
    • H.R. 1037 – Banking Transparency for Sanctioned Persons Act of 2019 (Rep. Riggleman – Financial Services)

 

THE SENATE

 

Yesterday

  • Roll Call Votes
    1. Motion to invoke cloture on Executive Calendar #25, Michael J. Truncale, of Texas, to be United States District Judge for the Eastern District of Texas; invoked: 49-43.
  • Legislative Business
    • Passed S.1436: to make technical corrections to the computation of average pay under Public Law 110-279.
    • Adopted S.Res.202: congratulating the students, parents, teachers, and leaders of charter schools across the United States for making ongoing contributions to education, and supporting the ideals and goals of the 20th annual National Charter Schools Week, to be held May 12 through May 18, 2019.
    • Adopted S.Res.203: recognizing the 80th anniversary of the Aircraft Owners and Pilots.

 

Today

  • The Senate stands adjourned until 10:00am on Tuesday, May 14, 2019.
  • Following Leader remarks, the Senate will resume consideration of Executive Calendar #25, Michael J. Truncale, of Texas, to be United States District Judge for the Eastern District of Texas, post-cloture.
  • At 10:45pm, the Senate will vote on (1) confirmation of the Truncale nomination and (2) the motion to invoke cloture on Executive Calendar #202, Kenneth Kiyul Lee, of California, to be United States Circuit Judge for the Ninth Circuit.
  • The Senate will recess from 12:30pm until 2:15pm to allow for the weekly caucus meeting.
  • The official photograph of the 116th Congress will be taken at 2:15pm. Senators are asked to be on the floor at that time.
  • As a reminder, Senator McConnell has filed cloture on the following nominations:
    1. Executive Calendar #25, Michael J. Truncale, of Texas, to be United States District Judge for the Eastern District of Texas (2 hours)
    2. Executive Calendar #202, Kenneth Kiyul Lee, of California, to be United States Circuit Judge for the Ninth Circuit (30 hours)
    3. Executive Calendar #24, Wendy Vitter, of Louisiana, to be United States District Judge for the Eastern District of Louisiana (2 hours)
    4. Executive Calendar #221, Brian J. Bulatao, of Texas, to be an Under Secretary of State (2 hours)
    5. Executive Calendar #230, Jeffrey A. Rosen, to be Deputy Attorney General (2 hours)
  • Tuesday at 10:45am – 2 roll call votes
    1. Confirmation of Executive Calendar #25, Michael J. Truncale, of Texas, to be United States District Judge for the Eastern District of Texas
    2. Motion to invoke cloture on Executive Calendar #202, Kenneth Kiyul Lee, of California, to be United States Circuit Judge for the Ninth Circuit

 

Hearings Covered by W&J Today

 

Senate Judiciary
5G: National Security Concerns, Intellectual Property Issues, and the Impact on Competition and Innovation

Senate Finance
Challenges in the Retirement System

Texas A&M, Scowcroft Institute
3rd Annual Pandemic & Biosecurity Forum

 

Notable Legislation Introduced

 

Financial Services

S.1437 — 116th Congress (2019-2020)
A bill to amend title XI of the Social Security Act to require that direct-to-consumer advertisements for prescription drugs and biological products include truthful and non-misleading pricing information.
Sponsor: Sen. Durbin, Richard J. [D-IL] (Introduced 05/13/2019) Cosponsors: (3)
Committees: Senate - Finance
Latest Action: Senate - 05/13/2019 Read twice and referred to the Committee on Finance.

S.1431 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to reform retirement provisions, and for other purposes.
Sponsor: Sen. Portman, Rob [R-OH] (Introduced 05/13/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 05/13/2019 Read twice and referred to the Committee on Finance.

S.1422 — 116th Congress (2019-2020)
A bill to transfer revenues from the net investment income tax to the Federal Hospital Insurance Trust Fund.
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] (Introduced 05/13/2019) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: Senate - 05/13/2019 Read twice and referred to the Committee on Finance.

 

Health

S.1424 — 116th Congress (2019-2020)
A bill to promote affordable access to evidence-based opioid treatments under the Medicare program and require coverage of medication assisted treatment for opioid use disorders, opioid overdose reversal medications, and recovery support services by health plans without cost-sharing requirements.
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] (Introduced 05/13/2019) Cosponsors: (2)
Committees: Senate - Finance
Latest Action: Senate - 05/13/2019 Read twice and referred to the Committee on Finance.

S.1423 — 116th Congress (2019-2020)
A bill to amend titles XVIII and XIX of the Social Security Act to provide for coverage of dental, vision, and hearing care under the Medicare and Medicaid programs.
Sponsor: Sen. Casey, Robert P., Jr. [D-PA] (Introduced 05/13/2019) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 05/13/2019 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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ W&J’s David Franasiak will speak at the Land Investment Expo on Friday, January 25: peoplescompany.co... presented by @PeoplesCompany #LandExpo19
TheFirmWJ
TheFirmWJ Thanks to the Century Club for hosting W&J’s Frank Vlossak and Chris Wilcox to discuss the elections and the outlook for the 116th Congress. pic.twitter.com/u... – at The Century Club
TheFirmWJ
TheFirmWJ A W&J election update from Matt Hoekstra, Chris Wilcox, and Van Hilleary. pic.twitter.com/z...