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Insights on Current Policy Issues

On March 25, 2021, Williams & Jensen’s David Franasiak will moderate the “Featured Conversation: Commissioner Hester M. Peirce, U.S. Securities and Exchange Commission” as part of the Security Traders Association of New York’s (STANY) Spring Snapshot conference. Read More
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By David E. Franasiak, Joel G. Oswald, and Mahlet H. Makonnen On March 2, Gary Gensler, picked to head the Securities and Exchange Commission (SEC), appeared before the Senate Banking Committee for a joint nomination hearing along with Rohit Chopra, the Consumer Financial Protection Bureau Director nominee. Read More
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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 More
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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...
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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...
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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...
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By Frank Vlossak On May 8, 2017, the Office of Management and Budget (OMB) issued a memorandum titled “Guidance for Section 2 of Executive Order 13783, titled ‘Promoting Energy Independence and Economic Growth’”. E.O. 13783 directs federal agencies to review, and potentially suspend, revise or repeal, existing regulations that “burden domestic energy production.”   Read...
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By Frank Vlossak On April 13, the Environmental Protection Agency (EPA) published a notice in the Federal Register soliciting public comments “on regulations that may be appropriate for repeal, replacement, or modification.” The notice is part of the EPA’s efforts to implement the Executive Order titled “Enforcing the Regulatory Reform Agenda” (E.O. 13777), which was...
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By Frank Vlossak Congress enacted the “Congressional Review Act” (CRA) as part of the “Contract with America Advancement Act” (P.L. 104-121) in 1996 and it is codified at 5 U.S.C. 801-808. The CRA established an expedited process for Congress to repeal recently promulgated regulations through passage of joint resolutions signed into law by the President....
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By Frank Vlossak On March 28, 2017, President Trump signed an Executive Order directing a number of actions to repeal or revise Obama Administration policies targeting greenhouse gas (GHG) emissions and climate change. It also requires federal departments and agencies to “review existing regulations that potentially burden the development or use of domestically produced energy...
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