PublicationsInsights on Current Policy Issues

  • 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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  • 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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The House passed the “Free Veterans From Fees Act” (H.R. 3997); the “Route 66 National Historic Trail Designation Act” (H.R. 801); the “North County National Scenic Trail Route Adjustment Act” (H.R. 1026); the “Camp Nelson Heritage National Monument Act (H.R. 5655); the “Susquehanna national Heritage Area Act” (H.R. 2991); the “Northern Mariana Islands U.S. Workforce Act of 2018” (H.R. 5956); the “Water Resources Development Act of 2018” (H.R. 8); “Spending Cuts to Expired and Unnecessary Programs Act” (H.R. 3); and a bill “To direct the Secretary of the Interior to conduct a special resource study to determine the suitability and feasibility of establishing the birthplace of James Weldon Johnson in Jacksonville, Florida, as a unit of the National Park System” (H.R. 5005).


This Week in Congress

  • House –The House passed the “Free Veterans From Fees Act” (H.R. 3997); the “Route 66 National Historic Trail Designation Act” (H.R. 801); the “North County National Scenic Trail Route Adjustment Act” (H.R. 1026); the “Camp Nelson Heritage National Monument Act (H.R. 5655); the “Susquehanna national Heritage Area Act” (H.R. 2991); the “Northern Mariana Islands U.S. Workforce Act of 2018” (H.R. 5956); the “Water Resources Development Act of 2018” (H.R. 8); “Spending Cuts to Expired and Unnecessary Programs Act” (H.R. 3); and a bill “To direct the Secretary of the Interior to conduct a special resource study to determine the suitability and feasibility of establishing the birthplace of James Weldon Johnson in Jacksonville, Florida, as a unit of the National Park System” (H.R. 5005).

 

  • Senate –The Senate confirmed Robert Earl Wier to be United States District Judge for the Eastern District of Kentucky; Fernando Rodriguez, Jr. to be United States District judge for the Southern District of Texas; Annemarie Carney Axon to be United States District judge for the Northern District of Alabama; and Kenneth L. Marcus to be Assistant Secretary for Civil Rights, Department of Education. 

 

Next Week in Congress

  • House -The House may consider the “Securing the International Mail Against Opioids Act of 2018” (H.R. 5788); the “THRIVE Act” (H.R. 5735); and the “Stop Importation and Trafficking of Synthetic Analogues Act” (H.R. 2851)

 

  • Senate –The Senate may consider the “National Defense Authorization Act” (H.R. 5515).

 

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PublicationsInsights on Current Policy Issues

  • 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
  • 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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