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.

     

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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

This week The House is in recess until September 5.

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This week The House passed the “Make America Secure Appropriations Act, 2018” (H.R. 3219), which includes the “Department of Defense Appropriations Act, 2018,” the “Energy and Water Development and Related Agencies Appropriations Act, 2018,” the “Legislative Branch Appropriations Act, 2018,” and the “Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2018.”.

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This week The House passed the “Promoting Interagency Coordination for Review of Natural Gas Pipelines Act” (H.R. 2910); the “Promoting Cross-Border Energy Infrastructure Act” (H.R. 2883); and the “DHS Authorization Act of 2017” (H.R. 2825).

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This week The House passed the “National Defense Authorization Act for Fiscal Year 2018” (NDAA) (H.R. 2810); “Medical Controlled Substances Transportation Act of 2017” (H.R. 1492); the “FDA Reauthorization Act of 2017” (H.R. 2403); the “Enhancing Detection of Human Trafficking Act” (H.R. 2664) and the “Gaining Responsibility on Water Act of 2017” (H.R. 23).

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This week The House is in recess until July 11.

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This week The House passed the “Disaster Assistance Support for Communities and Homeowners Act of 2017”(H.R. 1684); the “Coast Guard Improvement and Reform Act of 2017” (H.R. 1726); the “Veterans Expanded Trucking Opportunities Act of 2017” (H.R. 2547); the “Protecting Access to Care Act of 2017” (H.R. 1215); “No Sanctuary for Criminals Act” (H.R. 3003); and “Kate’s Law” (H.R. 3004).

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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...

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