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

Update on Continuing Resolution

On Thursday, the House passed a Continuing Resolution (CR) by a vote of 230-197. Shortly after, the Senate voted 97-2 on the motion to proceed to the House passed CR. There was debate between Democratic Leader Chuck Schumer (D-NY) and Majority Leader Mitch McConnell on a cloture motion. It is expected that the cloture vote will occur sometime tonight, Friday, January 19. At this moment, there are at least 41 Democratic Senators who are expected to vote against the cloture motion whenever it occurs. While no party leader has endorsed the idea, there have been rumors that a 5-6 day CR is on the table. We will continue to update you on the unfolding events.


This Week in Congress

  • House –The House passed H.R. 4318, the Miscellaneous Tariff Bill Act of 2018; H.R. 4258, the Family Self-Sufficiency Act; H.R. 3326, the World Bank Accountability Act of 2017; H.R. 4279, the Expanding Investment Opportunities Act; H.R. 2954, the Home Mortgage Disclosure Adjustment Act; H.R. 1660, the Global Health Innovation Act of 2017 and H.R. 4712, the Born-Alive Abortion Survivors Protection Act.

 

  • Senate –The Senate completed the Rule 14 process to place on the Legislative Calendar of Business S.2311: Pain-Capable Unborn Child Protection Act; passed the motion to concur in the House amendment to S.139 (702, FISA); passed the motion to lay before the Senate the message to accompany H.R.195 (CR to 2/16); and agreed to H.Con.Res.98: to change the title of Rapid DNA to FISA.

 

Next Week in Congress

  • House -The House is in recess until Monday, January 29.

 

  • Senate –The Senate is expected to consider the S. 139, the FISA renewal vehicle.

 

 Follow Williams & Jensen

 

 

Download This Week's Update

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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ From @politico : "In Memoriam: J.D. Williams" politi.co/2BLpxUC
TheFirmWJ
TheFirmWJ Williams & Jensen Mourns Its Co-founder, JD Williams: bit.ly/2BBOUrT
TheFirmWJ
TheFirmWJ The Tuesday, January 16, 2018 edition of the @FedRegister : bit.ly/2AWWfSz pic.twitter.com/7...