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.

     

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  • 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.

     

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The House will consider five bills under suspension of the rules. The Senate will resume consideration of Claria Horn Boom, to be US District Judge for the Eastern and Western Districts of Kentucky.

THE HOUSE

 

Yesterday

  • The House met in pro forma session.

 

Today

  • On Tuesday, the House will meet at 12:00 p.m. for morning hour and 2:00 p.m. for legislative business. Votes will be postponed until 6:30 p.m.
  • Legislation Considered Under Suspension of the Rules:
    • 1) H.R. 4921 – STB Information Security Improvement Act, as amended (Sponsored by Rep. Paul Mitchell / Transportation and Infrastructure Committee)
    • 2) H.R. 4925 – FRA Safety Data Improvement Act (Sponsored by Rep. Josh Gottheimer / Transportation and Infrastructure Committee)
    • 3) H.R. 4203 – Combat Online Predators Act, as amended (Sponsored by Rep. Brian Fitzpatrick / Judiciary Committee)
    • 4) H.Res. 128 – Supporting respect for human rights and encouraging inclusive governance in Ethiopia, as amended (Sponsored by Rep. Christopher Smith / Foreign Affairs Committee)
    • 5) H.R. 2219 – End Banking for Human Traffickers Act of 2018, as amended (Sponsored by Rep. Ed Royce / Foreign Affairs Committee)

 

THE SENATE

 

Yesterday

  • Measures Passed:
    • AGOA and MCA Modernization Act:
      • Senate passed H.R. 3445, to enhance the transparency and accelerate the impact of programs under the African Growth and Opportunity Act and the Millennium Challenge Corporation.
    • Calling on the Government of Iran:
      • Senate agreed to S. Res. 85, calling on the Government of Iran to fulfill repeated promises of assistance in the case of Robert Levinson, the longest held United States civilian in our Nation's history, after agreeing to the committee amendment.
    • Congratulating the Baltic states of Estonia, Latvia, and Lithuania on the 100th anniversary of their declarations of independence: Senate agreed to S. Res. 432, congratulating the Baltic states of Estonia, Latvia, and Lithuania on the 100th anniversary of their declarations of independence, after agreeing to the committee amendment.
    • Keep America's Refuges Operational Act:
      • Senate passed H.R. 3979, to amend the Fish and Wildlife Act of 1956 to reauthorize the volunteer services, community partnership, and refuge education programs of the National Wildlife Refuge System.
  • Appointments:
    • Creating Options for Veterans' Expedited Recovery (COVER Commission):
      • The Chair announced, on behalf of the Majority Leader, pursuant to the provisions of Public Law 114–198, the appointment of the following individual to serve as a member of the Creating Options for Veterans' Expedited Recovery (COVER Commission): Matthew Amidon of Texas (Veteran).
    • United States-China Economic and Security Review Commission:
      • The Chair announced, on behalf of the Majority Leader, pursuant to the provisions of Public Law 106–398, as amended by Public Law 108–7, and in consultation with the Chairmen of the Senate Committee on Armed Services and the Senate Committee on Finance, the appointment of the following individual to serve as a member of the United States-China Economic and Security Review Commission: Roy Kamphausen of Connecticut.
    • Boom Nomination--Agreement:
      • Senate resumed consideration of the nomination of Claria Horn Boom, to be United States District Judge for the Eastern and Western Districts of Kentucky.
  • During consideration of this nomination today, Senate also took the following action:
    • By 96 yeas to 2 nays (Vote No. 64), Senate agreed to the motion to close further debate on the nomination.
    • A unanimous-consent agreement was reached providing that notwithstanding Rule XXII, that at 12:10 p.m., on Tuesday, April 10, 2018, Senate vote on confirmation of the nomination; and that the vote on the motion to invoke cloture on the nomination of John F. Ring, of the District of Columbia, to be a Member of the National Labor Relations Board, occur at 2:15 p.m.
    • A unanimous-consent agreement was reached providing for further consideration of the nomination, post-cloture, at approximately 10:00 a.m., on Tuesday, April 10, 2018.
    • Muniz Nomination--Agreement:
      • A unanimous-consent-time agreement was reached providing that at a time to be determined by the Majority Leader, in consultation with the Democratic Leader, Senate begin consideration of the nomination of Carlos G. Muniz, of Florida, to be General Counsel, Department of Education; that there then be ten hours of debate, equally divided in the usual form, and that following the use or yielding back of time, Senate vote on confirmation of the nomination, with no intervening action or debate.
    • Nominations Confirmed: Senate confirmed the following nominations:
      • James Reilly, of Colorado, to be Director of the United States Geological Survey.
      • Theodore J. Garrish, of Maryland, to be an Assistant Secretary of Energy (International Affairs).
      • James Edward Campos, of Nevada, to be Director of the Office of Minority Economic Impact, Department of Energy.

 

Today

  • The Senate stands adjourned until 10:00am on Tuesday, April 10, 2018.
  • Following leader remarks, the Senate will proceed to Executive Session and resume consideration of Executive Calendar #539, Claria Horn Boom, of Kentucky, to be US District Judge for the Eastern and Western Districts of Kentucky, post-cloture. At 12:10pm, there will be a roll call vote on confirmation of the Boom nomination.
  • Following the vote, the Senate will recess until 2:15pm to allow for the weekly caucus meetings.
  • At 2:15pm there will be a cloture vote on the Ring nomination.
  • 12:10--1 roll call vote:
    • 1.      Confirmation of Executive Calendar #539, Claria Horn Boom, of Kentucky, to be US District Judge for the Eastern and Western Districts of Kentucky
      • --recess 12:30pm until 2:15pm—
      • 2:15pm—1 roll call vote:
    • 1.      Cloture on Executive Calendar #728, John F. Ring, of the District of Columbia, to be a Member of the National Labor Relations Board
  • Cloture has been filed on the following nominations:
    • 2. Executive Calendar #539, Claria Horn Boom, of Kentucky, to be US District Judge for the Eastern and Western Districts of Kentucky (cloture invoked)
    • 3. Executive Calendar #728, John F. Ring, of the District of Columbia, to be a Member of the National Labor Relations Board
    • 4. Executive Calendar #605, Patrick Pizzella ,of Virginia, to be Deputy Secretary of Labor
    • 5. Executive Calendar #666, Andrew Wheeler, of Virginia, to be Deputy Administrator of the EPA
    • 6. Executive Calendar #540, John W. Broomes, of Kansas, to be United States District Judge for the District of Kansas
    • 7. Executive Calendar #541, Rebecca Grady Jennings, of Kentucky, to be United States District Judge for the Western District
  • If cloture is invoked on a nomination, there would be up to 30 hours of post-cloture debate prior to a vote on confirmation. Then on to cloture on the next nomination with the same process.
  • During Monday’s session, the Senate reached an agreement that at a time to be determined, there will be 10 hours for debate equally divided prior to a vote on confirmation of Executive Calendar #376, Carlos G. Muniz, of Florida, to be General Counsel, Department of Education.

 

Hearings Covered by W&J Today

 

Senate EPW
Cooperative Federalism Under the Clean Air Act

Senate Commerce/Judiciary
Facebook/Social Media Privacy

 

Notable Legislation Introduced

 

Energy

H.R.5441 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to provide for energy opportunity zones.
Sponsor: Rep. Carbajal, Salud O. [D-CA-24] (Introduced 04/09/2018) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 04/09/2018 Referred to the House Committee on Ways and Means.

 

Health

S.2635 — 115th Congress (2017-2018)
A bill to amend the Controlled Substances Act and the Controlled Substances Import and Export Act to modify the offenses relating to fentanyl, and for other purposes.
Sponsor: Sen. Kennedy, John [R-LA] (Introduced 04/09/2018) Cosponsors: (5)
Committees: Senate - Judiciary
Latest Action: Senate - 04/09/2018 Read twice and referred to the Committee on the Judiciary.

 

Tax

H.R.5440 — 115th Congress (2017-2018)
To require notice from the Secretary of the Treasury in the case of any closure of a Taxpayer Assistance Center.
Sponsor: Rep. Handel, Karen C. [R-GA-6] (Introduced 04/09/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 04/09/2018 Referred to the House Committee on Ways and Means.

H.R.5439 — 115th Congress (2017-2018)
To provide for a single point of contact at the Internal Revenue Service for the taxpayers who are victims of tax-related identity theft.
Sponsor: Rep. Renacci, James B. [R-OH-16] (Introduced 04/09/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 04/09/2018 Referred to the House Committee on Ways and Means.

H.R.5438 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to allow officers and employees of the Department of the Treasury to provide to taxpayers information regarding low-income taxpayer clinics.
Sponsor: Rep. Holding, George [R-NC-2] (Introduced 04/09/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 04/09/2018 Referred to the House Committee on Ways and Means.

H.R.5437 — 115th Congress (2017-2018)
To require the Secretary of the Treasury to establish a program for the issuance of identity protection personal identification numbers.
Sponsor: Rep. Paulsen, Erik [R-MN-3] (Introduced 04/09/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 04/09/2018 Referred to the House Committee on Ways and Means.

 

Transportation

S.2634 — 115th Congress (2017-2018)
A bill to free States to spend gas taxes on their transportation priorities, and for other purposes.
Sponsor: Sen. Portman, Rob [R-OH] (Introduced 04/09/2018) Cosponsors: (1)
Committees: Senate - Environment and Public Works
Latest Action: Senate - 04/09/2018 Read twice and referred to the Committee on Environment and Public Works.

 

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

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