PublicationsInsights on Current Policy Issues

  • April 19, 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
  • 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

Washington Update

Our weekly update on Congress

Last week, the House passed legislation  “To amend the Internal Revenue Code of 1986 to modify and make permanent bonus depreciation” (H.R. 4718) by a 258-160 vote. The House also passed the “Energy and Water Development and Related Agencies Appropriations Act, 2015” (H.R. 4923) by a 253-170 vote. The Senate last week confirmed the nominations of Shaun Donovan to be the Director of the Office of Management and Budget by a vote of 75-22 and Julian Castro to be the Secretary of Housing and Urban Development by a vote of 71-26.  

Read More

Both the House and Senate were in recess last week. The House returned this week and was slated to consider a number of bills, including the “Veterinary Medicine Mobility Act (H.R. 1528) and the “Workforce Innovation and Opportunity Act” (H.R. 803). The Senate this week turned to the “Bipartisan Sportsmen’s Act of 2014” (S. 2263).  

Read More

Last week the House passed: the “Customer Protection and End User Relief Act” (H.R. 4413) by a vote of 265-144; the “North American Energy Infrastructure Act” (H.R. 3301) by a vote of 238-173; the “Domestic Prosperity and Global Freedom Act” (H.R. 6) by a vote of 266-150; and the “Lowering Gasoline Prices to Fuel an America that Works Act” (H.R. 4899) by a 229-185 vote. The Senate passed the “Workforce Innovation and Opportunity Act (H.R. 803) by a 95-3 vote.

Read More

Last week the Senate confirmed the nominations of: Sylvia Mathews Burwell to be Secretary of Health and Human Services; Timothy Massad to be a CFTC Commissioner and Chairman; J. Christopher Giancarlo to be a CFTC Commissioner; and Sharon Bowen to be a CFTC Commissioner. The Senate also passed the “Insurance Capital Standards Clarification Act of 2014” (S. 2270)

Read More

Last week, the House passed the “Commerce, Justice, Science, and Related Agencies Appropriations Act, 2015” (H.R. 4660) and the “Intelligence Authorization Act for Fiscal Years 2014 and 2015” (H.R. 4681). The Senate was in recess last week.  

Read More

Last week the House passed the "National Defense Authorization Act for Fiscal Year 2015" (H.R. 4435), and the Senate adopted the conference report to accompany the "Water Resources Reform and Development Act" (WRRDA) (H.R. 3080).

Read More

PublicationsInsights on Current Policy Issues

  • April 19, 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
  • 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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ Williams & Jensen Mourns Its Co-founder, JD Williams: bit.ly/2BBOUrT
TheFirmWJ
TheFirmWJ Bills to be considered on the House floor next week as of noon on 12/7: bit.ly/2AD5lFl pic.twitter.com/p...
TheFirmWJ
TheFirmWJ House and Senate Armed Services Committees release summary of FY 2018 National Defense Authorization Act: bit.ly/2jbFgIT pic.twitter.com/U...