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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Washington Update

Our weekly update on Congress

The House passed the “Securing Opioids and Unused Narcotics with Deliberate Disposal and Packaging Act of 2018” (H.R. 5687); the “Stop Excessive Narcotics in our Retirement Communities Protection Act of 2018” (H.R. 5676); the “Individuals in Medicaid Deserve Care that is Appropriate and Responsible in its Execution Act” (H.R. 5797); the “Overdose Prevention and Patient Safety Act” (H.R. 6082); the “Agriculture and Nutrition Act of 2018 (Farm Bill)” (H.R. 2); and “SUPPORT for Patients and Communities Act” (H.R. 6).

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The House passed H.R. 5327, the Comprehensive Opioid Recovery Centers Act; H.R. 5941, the Safe Disposal of Unused Medication Act; H.R. 5890, the Assisting States’ Implementation of Plans of Safe Care Act; H.R. 5891, Improving the Federal Response to Families Impacted by Substance Use Disorder Act; H.R. 5788, Securing the International Mail Against Opioids Act; H.R. 5735, THRIVE Act and H.R. 2851, Stop the Importation and Trafficking of Synthetic Analogues Act.

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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).

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The House is in recess until Tuesday, June 5. 

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The House passed H.R. 5515, National Defense Authorization Act for Fiscal Year 2019; H.R. 5682, FIRST STEP Act; S. 204, Trickett Wendler, Frank Mongiello, Jordan McLinn, and Matthew Bellina Right to Try Act of 2017; S. 292, Childhood Cancer STAR Act; S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act; H.R. 3832, Veterans Opioid Abuse Prevention Act.

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The House passed the “Lieutenant Oscvaldo Albarati Correctional Officer Self-Protection Act” (H.R. 613); a bill “To amend the DNA Analysis Backlog Elimination Act of 2000 to provide additional resources to the State and local prosecutors, and for other purposed” (H.R. 4854); the “Black Hills National Cemetery Boundary Expansion Act” (S.35); the “Protect and Serve Act of 2018” (H.R. 5698); and the “Veterans Cemetery Benefit Correction Act” (S. 2373).

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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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TheFirmWJ Thanks to the Century Club for hosting W&J’s Frank Vlossak and Chris Wilcox to discuss the elections and the outlook for the 116th Congress. pic.twitter.com/u... – at The Century Club
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TheFirmWJ A W&J election update from Matt Hoekstra, Chris Wilcox, and Van Hilleary. pic.twitter.com/z...