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.

     

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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.

     

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  • 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 four bills under suspension of the Rules. The Senate will resume consideration of the motion to proceed to Calendar #78, S.1332, to set forth the congressional budget for the United States Government for fiscal year 2020 and setting forth the appropriate budgetary levels for fiscal years 2021 through 2029.

THE HOUSE

 

Friday

  • The House was not in Session.

 

Today

  • One Minutes (Unlimited)
  • **Following one-minute speeches, the House is expected to recess until approximately 3:00 p.m. At that time the House will reconvene to consider the bills listed for consideration under suspension of the Rules. Any recorded votes requested will be postponed until 6:30 p.m.
  • Suspensions (4 bills)
    • Senate Amendment to H.R. 2157 – Additional Supplemental Appropriations for Disaster Relief Act, 2019 (Rep. Lowey – Appropriations)
    • H.R. 2940 – To extend the program of block grants to States for temporary assistance for needy families and related programs through September 30, 2019 (Rep. Davis (IL) – Ways and Means)
    • H.R. 1261 – National Landslide Preparedness Act (Rep. DelBene – Natural Resources)
    • H.R. 559 – Northern Mariana Islands Long-Term Legal Residents Relief Act, as amended (Rep. Sablan – Natural Resources)

 

THE SENATE

 

Friday

  • The Senate was not in Session.

 

Today

  • On Monday, following Leader remarks, the Senate will resume consideration of the motion to proceed to Calendar #78, S.1332, to set forth the congressional budget for the United States Government for fiscal year 2020 and setting forth the appropriate budgetary levels for fiscal years 2021 through 2029 (Paul). At 5:30pm, the Senate will vote on the motion to invoke cloture on the motion to proceed.
  • As a reminder, Senator McConnell has filed cloture on the following items:
    • Motion to proceed to S. 1332, to set forth the congressional budget for the United States Government for fiscal year 2020 and setting forth the appropriate budgetary levels for fiscal years 2021 through 2029. (Paul)
    • Executive Calendar #157, Andrew M. Saul, of New York, to be Commissioner of Social Security for the term expiring January 19, 2025.
    • Executive Calendar #224, David Schenker, of New Jersey, to be an Assistant Secretary of State (Near Eastern Affairs).
    • Executive Calendar #162, Heath P. Tarbert, of Maryland, to be Chairman of the Commodity Futures Trading Commission.
    • Executive Calendar #163, Heath P. Tarbert, of Maryland, to be a Commissioner of the Commodity Futures Trading Commission for a term expiring April 13, 2024.
    • Executive Calendar #198, Susan Combs, of Texas, to be an Assistant Secretary of the Interior.
    • Executive Calendar #39, Ryan T. Holte, of Ohio, to be a Judge of the United States Court of Federal Claims for a term of fifteen years.
    • Executive Calendar #40, Rossie David Alston, Jr., of Virginia, to be United States District Judge for the Eastern District of Virginia.
    • Executive Calendar #56, Richard A. Hertling, of Maryland, to be a Judge of the United States Court of Federal Claims for a term of fifteen years.
  • Monday, June 3rd at 5:30pm – 2 roll call votes expected
    • 1. Motion to invoke cloture on the motion to proceed to S.1332, to set forth the congressional budget for the United States Government for fiscal year 2020 and setting forth the appropriate budgetary levels for fiscal years 2021 through 2029 (Paul)
    • If cloture is not invoked, then:
    • 2. Motion to invoke cloture on Executive Calendar #157, Andrew M. Saul, of New York, to be Commissioner of Social Security

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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