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

This week The House passed the Tax Cuts and Jobs Act (H.R. 1); the Federal Acquisition Savings Act of 2017 (H.R. 3071); the 21st Century Flood Reform Act (H.R. 2874); the Connected Government Act (H.R. 2331); and adopted the Conference Report to accompany the National Defense Authorization Act (H.R. 2810).

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This week The House passed H.R. 3441, the Save Local Business Act; H.R. 3991, the Risk-Based Credit Examination Act; H.R. 4173, the Veterans Crisis Line Study Act of 2017; H.R. 3043, the Hydropower Policy Modernization Act of 2017 and H.R. 2201, the Micro Offering Safe Harbor Act.

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This week The House passed the “Encouraging Public Offerings Act of 2017” (H.R. 3903);  the “Helium Extraction Act of 2017” (H.R. 3279); the “Resilient Federal Forests Act of 2017” (H.R. 2936); the “Protecting Seniors Access to Medicare Act (IPAB repeal)” (H.R. 849); and the “CHAMPIONING HEALTHY KIDS Act (CHIP extension)” (H.R. 3922)

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This week The House passed H.R. 732, Stop Settlement Slush Funds Act of 2017, H.R. 1698 Iran Ballistic Missiles and International Sanctions Enforcement Act, H.R. 469, the Sunshine for Regulations and Regulatory Decrees and Settlements Act of 2017, H.Con.Res. 71, the FY2018 budget resolution.

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This week The House is in recess until October 23rd.

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This week The House passed the “FITARA Enhancement Act of 2017” (H.R. 3243);  the “Dr. Chris Kirkpatrick Whistleblower Protection Act of 2017” (S.585); appointed conferees for the “National Defense Authorization Act for Fiscal Year 2018” (H.R. 2810); and passed the “Hurricane and Wildfire Relief Package.”

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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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