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 four bills under suspension of the Rules. The Senate will resume consideration of Executive Calendar #224, David Schenker, of New Jersey, to be an Assistant Secretary of State (Near Eastern Affairs).

THE HOUSE

 

Yesterday

  • SUMMARY OF LEGISLATIVE BUSINESS
    • Ordering the Previous Question on H. Res. 415- The rule providing for consideration of the bill H.R. 6 - American Dream and Promise Act of 2019
      • - PASSED 228 - 192, ROLL CALL 235
    • Adoption of H. Res. 415 - The rule providing for consideration of the bill H.R. 6 - American Dream and Promise Act of 2019
      • - ADOPTED 219 - 203, ROLL CALL 236
    • Approval of the Journal
      • - APPROVED 212 - 203 - 2, ROLL CALL 237
    • H.Res. 393 - Remembering the victims of the violent suppression of democracy protests in Tiananmen Square and elsewhere in China on June 3 and 4, 1989 and calling on the Government of the People’s Republic of China to respect the universally recognized human rights of all people living in China and around the World
      • - ON THE MOTION TO SUSPEND THE RULES AND PASS
        • - PASSED 423 - 0, ROLL CALL 238
    • S. 1379 - Pandemic and All-Hazards Preparedness and Advancing Innovation Act of 2019
      • - ON THE MOTION TO SUSPEND THE RULES AND PASS
        • - PASSED BY VOICE
    • Republican Motion to Recommit on H.R. 6
      • - REJECTED 202 - 221, ROLL CALL 239
    • Passage of H.R. 6 - American Dream and Promise Act of 2019
      • - PASSED 237 - 187, ROLL CALL 240

 

Today

  • One Minutes (5 per side)
  • Suspensions (4 bills)
    • H.R. 1237 – COAST Research Act of 2019 (Rep. Bonamici – Science, Space, and Technology)
    • H.R. 1716 – Coastal Communities Ocean Acidification Act of 2019 (Rep. Pingree – Science, Space, and Technology)
    • H.R. 1921 – Ocean Acidification Innovation Act of 2019, as amended (Rep. Kilmer – Science, Space, and Technology)
    • H.R. 988 – NEAR Act of 2019, as amended (Rep. Posey – Science, Space, and Technology)

 

THE SENATE

 

Yesterday

  • Roll Call Votes
    1. Adoption of S.Res.212, celebrating the 100th anniversary of the passage and ratification of the 19th Amendment, providing for women's suffrage, to the Constitution of the United States; adopted: 93-0.
    2. Confirmation of Executive Calendar #157, Andrew M. Saul, of New York, to be Commissioner of Social Security for the term expiring January 19, 2025; confirmed: 77-16.
    3. Motion to Invoke Cloture on Executive Calendar #224, David Schenker, of New Jersey, to be an Assistant Secretary of State (Near Eastern Affairs); invoked: 83-10.
    4. Motion to Invoke Cloture on Executive Calendar #162 Heath P. Tarbert, of Maryland, to be Chairman of the Commodity Futures Trading Commission; invoked: 82-9.
    5. Motion to Invoke Cloture on 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; invoked: 83-10.
  • Legislative Business
    • Agreed to H.Con.Res.45, directing the Clerk of the House to make a correction in the enrollment of H.R.2157.
    • Passed S.1235, Women's Suffrage Centennial Commemorative Coin Act, with Barrasso amendment.
    • Adopted Calendar #98, S.Res.135, D-Day Anniversary.
    • Adopted S.Res.229, relative to the death of the Honorable William Thad Cochran, former United States Senator for the State of Mississippi.
    • By voice vote, adopted S.Res.230, recognizing the significant milestone of Senior Corps volunteers serving 50,000,000 hours in 2018.

 

Today

  • The Senate stands adjourned until 9:30am on Wednesday, June 5, 2019 under the provisions of S.Res.229, and does so as a further mark of respect for the late Thad Cochran, former Senator from Mississippi.
  • Following Leader remarks, the Senate will resume consideration of Executive Calendar #224, David Schenker, of New Jersey, to be an Assistant Secretary of State (Near Eastern Affairs).
  • At 11:00am, the Senate will vote on confirmation of the Schenker and two Tarbert nominations, and on the motion to invoke cloture on the Combs nomination.
  • If cloture is invoked on the Combs nomination, the Senate will vote on confirmation of the Combs nomination at 1:45pm Wednesday. Following disposition of the Combs nomination, the Senate will vote on the motions to invoke cloture on the Holte, Alston Jr., and Hertling nominations. If cloture is invoked on those nominations, the confirmation votes will occur at a time to be determined by the Majority Leader in consultation with the Democratic Leader.
  • At approx. 11:00am on Wednesday, June 5th – 4 roll call votes expected:
    • 1) Confirmation of Executive Calendar #224, David Schenker, of New Jersey, to be an Assistant Secretary of State (Near Eastern Affairs).
    • 2) Confirmation of Executive Calendar #162, Heath P. Tarbert, of Maryland, to be Chairman of the CFTC.
    • 3) Confirmation of Executive Calendar #163, Heath P. Tarbert, of Maryland, to be a Commissioner of the CFTC.
    • 4) Cloture on Executive Calendar #198, Susan Combs, of Texas, to be an Assistant Secretary of the Interior.
  • At approx. 1:45pm on Wednesday, June 5th – 4 roll call votes expected:
    • 1) If cloture is invoked, Confirmation of Executive Calendar #198, Susan Combs, of Texas, to be an Assistant Secretary of the Interior.
    • 2) Cloture on Executive Calendar #39, Ryan T. Holte, of Ohio, to be a Judge of the US Court of Federal Claims.
    • 3) Cloture on Executive Calendar #40, Rossie David Alston, Jr., of Virginia, to be United States District Judge for the Eastern District of Virginia.
    • 4) Cloture on Executive Calendar #56, Richard A. Hertling, of Maryland, to be a Judge of the United States Court of Federal Claims.

 

Hearings Covered by W&J Today

 

Axios
Beyond 2020: Making Care Affordable

Senate Finance
Foreign Threats to Taxpayer-Funded Research

SEC
Open Meeting – Regulation Best Interest

Senate Banking
Nomination Hearing

Senate Commerce
Hearing on Television and Video Marketplace

House Natural Resources
H.R. 1373 and H.R. 2181

 

Notable Legislation Introduced

 

Cybersecurity

H.R.3093 — 116th Congress (2019-2020)
To establish acquisition pathways for software applications and software upgrades and software development and software acquisition training and management programs for the Department of Defense, and for other purposes.
Sponsor: Rep. Slotkin, Elissa [D-MI-8] (Introduced 06/04/2019) Cosponsors: (0)
Committees: House - Armed Services
Latest Action: House - 06/04/2019 Referred to the House Committee on Armed Services.

 

Energy

H.R.3079 — 116th Congress (2019-2020)
To amend the National Energy Conservation Policy Act to encourage the increased use of performance contracting in Federal facilities, and for other purposes.
Sponsor: Rep. Welch, Peter [D-VT-At Large] (Introduced 06/04/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 06/04/2019 Referred to the House Committee on Energy and Commerce.

S.1706 — 116th Congress (2019-2020)
A bill to amend the National Energy Conservation Policy Act to encourage the increased use of performance contracting in Federal facilities, and for other purposes.
Sponsor: Sen. Gardner, Cory [R-CO] (Introduced 06/04/2019) Cosponsors: (1)
Committees: Senate - Energy and Natural Resources
Latest Action: Senate - 06/04/2019 Read twice and referred to the Committee on Energy and Natural Resources.

 

Financial Services

H.R.3088 — 116th Congress (2019-2020)
To require the Securities and Exchange Commission to adjust certain resubmission thresholds for shareholder proposals.
Sponsor: Rep. Duffy, Sean P. [R-WI-7] (Introduced 06/04/2019) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 06/04/2019 Referred to the House Committee on Financial Services.

H.R.3082 — 116th Congress (2019-2020)
To require $20 notes to include a portrait of Harriet Tubman, and for other purposes.
Sponsor: Rep. Beatty, Joyce [D-OH-3] (Introduced 06/04/2019) Cosponsors: (8)
Committees: House - Financial Services
Latest Action: House - 06/04/2019 Referred to the House Committee on Financial Services.

 

Health

H.R.3080 — 116th Congress (2019-2020)
To amend the Public Health Service Act to enhance the national strategy for combating and eliminating tuberculosis, and for other purposes.
Sponsor: Rep. Engel, Eliot L. [D-NY-16] (Introduced 06/04/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 06/04/2019 Referred to the House Committee on Energy and Commerce.

S.1712 — 116th Congress (2019-2020)
A bill to amend title XVIII of the Social Security Act to encourage the development and use of DISARM antimicrobial drugs, and for other purposes.
Sponsor: Sen. Isakson, Johnny [R-GA] (Introduced 06/04/2019) Cosponsors: (2)
Committees: Senate - Finance
Latest Action: Senate - 06/04/2019 Read twice and referred to the Committee on Finance.

 

Tax

H.R.3098 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to increase the deduction allowed for student loan interest.
Sponsor: Rep. Swalwell, Eric [D-CA-15] (Introduced 06/04/2019) Cosponsors: (20)
Committees: House - Ways and Means
Latest Action: House - 06/04/2019 Referred to the House Committee on Ways and Means.

H.R.3078 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to reduce the age for making catch-up contributions to retirement accounts to take into account time out of the workforce to provide dependent care services.
Sponsor: Rep. Rouda, Harley [D-CA-48] (Introduced 06/04/2019) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 06/04/2019 Referred to the House Committee on Ways and Means.

S.1708 — 116th Congress (2019-2020)
A bill to amend the Internal Revenue Code of 1986 to establish a refundable tax credit for the installation of a storm shelter at a qualified residence.
Sponsor: Sen. Jones, Doug [D-AL] (Introduced 06/04/2019) Cosponsors: (0)
Committees: Senate - Finance
Latest Action: Senate - 06/04/2019 Read twice and referred to the Committee on Finance

 

Trade

S.1711 — 116th Congress (2019-2020)
A bill to require online retailers to disclose the country of origin of products imported into the United States, and for other purposes.
Sponsor: Sen. Merkley, Jeff [D-OR] (Introduced 06/04/2019) Cosponsors: (0)
Committees: Senate - Commerce, Science, and Transportation
Latest Action: Senate - 06/04/2019 Read twice and referred to the Committee on Commerce, Science, and Transportation.

 

Transportation

S.1709 — 116th Congress (2019-2020)
A bill to direct the Secretary of Transportation to establish a grant program to improve evacuation routes in rural communities, and for other purposes.
Sponsor: Sen. Jones, Doug [D-AL] (Introduced 06/04/2019) Cosponsors: (2)
Committees: Senate - Environment and Public Works
Latest Action: Senate - 06/04/2019 Read twice and referred to the Committee on Environment and Public Works.

 

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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