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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Washington Update

Our weekly update on Congress

The House is in recess until Tuesday, July 10.

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The House passed H.R. 299, the Blue Water Navy Vietnam Veterans Act; H.R. 5783, the Cooperate with Law Enforcement Agencies and Watch Act of 2018; H.R. 4294, the Prevention of Private Information Dissemination Act of 2017; H.R. 2083, the Endangered Salmon and Fisheries Predation Prevention Act; H.R. 5841, the Foreign Investment Risk Review Modernization Act and H.R. 6157, the FY 2019 Defense Appropriations Bill.

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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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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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