PublicationsInsights on Current Policy Issues

  • February 5, 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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  • October 10, 2017

    By Frank Vlossak

    On October 10, Environmental Protection Agency (EPA) Administrator Scott Pruitt signed a Notice of Proposed Rulemaking (NPRM) titled “Repeal of Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Generating Units”. The NPRM would rescind the Obama Administration’s Clean Power Plan (CPP), a rule that would reduce greenhouse gas (GHG) emissions from existing power generation sector sources, namely coal and natural gas power plants.

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W&J Daily Update

Our daily report from the Capitol

The House will consider nine bills under suspension of the rules and begin consideration of H.R. 1 – Tax Cuts and Jobs Act. The Senate will resume consideration of David G. Zatezalo, to be Assistant Secretary of Labor for Mine Safety and Health; vote on the nomination of Mark T. Esper, to be Secretary of the Army; vote on the Zatezalo nomination; and vote to invoke cloture on Joseph Otting, to be Comptroller of the Currency.

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The House is expected to consider several bills under suspension of the rules and is also expected to consider a measure (conference report to accompany HR 2810) that would authorize FY 2018 funding, programs and policy for the Defense Department and related agencies and a bill (HR 2874) that would reauthorize National Flood Insurance Program (NFIP). The Senate will resume consideration of Stephen Gill Bradbury, to be General Counsel to the Department of Transportation.

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The House will consider four bills under suspension of the rules as well as consider H.Res. 599 – Expressing the sense of the House of Representatives with respect to United States policy towards Yemen. The Senate will resume consideration of Derek Kan, to be Under Secretary of Transportation.

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The House will consider H.R. 2201 – Micro Offering Safe Harbor Act. The Senate will resume consideration of William L. Wehrum, to be an Assistant Administrator of the Environmental Protection Agency and vote on the motion to invoke cloture on the nomination of Derek Kan, to be Under Secretary of Transportation.

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The House will consider H.R. 3043 – Hydropower Policy Modernization Act of 2017. The Senate will resume consideration of Peter B. Robb, to be General Counsel of the National Labor Relations Board.

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The House will consider 11 bills under suspension of the rules and H.R. 3441 – Save Local Business Act. The Senate will resume consideration of John H. Gibson, to be Deputy Chief Management Officer of the Department of Defense.

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PublicationsInsights on Current Policy Issues

  • February 5, 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
  • October 10, 2017

    By Frank Vlossak

    On October 10, Environmental Protection Agency (EPA) Administrator Scott Pruitt signed a Notice of Proposed Rulemaking (NPRM) titled “Repeal of Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Generating Units”. The NPRM would rescind the Obama Administration’s Clean Power Plan (CPP), a rule that would reduce greenhouse gas (GHG) emissions from existing power generation sector sources, namely coal and natural gas power plants.

    Read...

    Read More

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