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
  • 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

The House will consider H.R. 4790 – Volcker Rule Regulatory Harmonization Act.

THE HOUSE

 

Yesterday

  • Suspensions: The House failed to agree to suspend the rules and pass the following measure:
    • Proposing a balanced budget amendment to the Constitution of the United States:
      • H.J. Res. 2, proposing a balanced budget amendment to the Constitution of the United States, by a \2/3\ yea-and-nay vote of 233 yeas to 184 nays, Roll No. 138.
    • Oath of Office--Eighteenth Congressional District of Pennsylvania:
      • Representative-elect Conor Lamb presented himself in the well of the House and was administered the Oath of Office by the Speaker. Earlier, the Clerk of the House transmitted a copy of the Certificate of Election received from the Honorable Tom Wolf, Governor of Pennsylvania, and the Honorable Robert Torres, the Acting Secretary of the Commonwealth, indicating that, at the Special Election held on March 13, 2018, the Honorable Conor Lamb was elected Representative to Congress for the 18th Congressional District, Commonwealth of Pennsylvania.

 

Today

  • On Friday, the House will meet at 9:00 a.m. for legislative business. First and last votes expected: 10:15 a.m. – 11:15 a.m.
  • H.R. 4790 – Volcker Rule Regulatory Harmonization Act, Rules Committee Print (Closed Rule, One Hour of Debate) (Sponsored by Rep. French Hill / Financial Services Committee)

 

THE SENATE

 

Yesterday

  • Measures Passed:
    • Commending the University of Central Missouri Jennies: Senate agreed to S. Res. 461, commending the University of Central Missouri Jennies for winning the national championship in the National Collegiate Athletic Association Division II tournament.
  • Amending the White Mountain Apache Tribe Water Rights Quantification Act--Agreement:
    • Senate began consideration of the amendment of the House of Representatives to S. 140, to amend the White Mountain Apache Tribe Water Rights Quantification Act of 2010 to clarify the use of amounts in the WMAT Settlement Fund, taking action on the following motions and amendments proposed thereto:
      • Pending:
        • McConnell motion to concur in the amendment of the House to the bill.
        • McConnell motion to concur in the amendment of the House to the bill, with McConnell Amendment No. 2227 (to the amendment of the House to the bill), to change the enactment date.
        • McConnell Amendment No. 2228 (to Amendment No. 2227), of a perfecting nature.
        • McConnell motion to refer the message of the House on the bill to the Committee on Indian Affairs, with instructions, McConnell Amendment No. 2229, to change the enactment date.
        • McConnell Amendment No. 2230 (to (the instructions) Amendment No. 2229), of a perfecting nature.
        • McConnell Amendment No. 2231 (to Amendment No. 2230), of a perfecting nature.
    • A motion was entered to close further debate on the motion to concur in the amendment of the House to the bill, and, in accordance with the provisions of Rule XXII of the Standing Rules of the Senate, and pursuant to the unanimous-consent agreement of Thursday, April 12, 2018, a vote on cloture will occur on Monday, April 16, 2018.
    • A unanimous-consent agreement was reached providing that Senate resume consideration of the motion to concur in the amendment of the House to the bill at approximately 3 p.m., on Monday, April 16, 2018; and that notwithstanding the provisions of Rule XXII, the cloture vote on the motion be at 5:30 p.m., on Monday, April 16, 2018.
  • Nominations Confirmed: Senate confirmed the following nominations:
    • By 50 yeas to 48 nays (Vote No. EX. 69), Patrick Pizzella, of Virginia, to be Deputy Secretary of Labor.
    • By 53 yeas to 45 nays (Vote No. EX. 71), Andrew Wheeler, of Virginia, to be Deputy Administrator of the Environmental Protection Agency.
  • During consideration of this nomination today, Senate also took the following action:
    • By 53 yeas to 45 nays (Vote No. 70), Senate agreed to the motion to close further debate on the nomination.
    • John W. Broomes, of Kansas, to be United States District Judge for the District of Kansas.
  • During consideration of this nomination today, Senate also took the following action:
    • By 74 yeas to 24 nays (Vote No. 72), Senate agreed to the motion to close further debate on the nomination.
    • Rebecca Grady Jennings, of Kentucky, to be United States District Judge for the Western District of Kentucky.
  • During consideration of this nomination today, Senate also took the following action:
    • By 94 yeas to 2 nays (Vote No. 73), Senate agreed to the motion to close further debate on the nomination.

 

Today

  • The Senate is not in session.

 

Hearings Covered by W&J Today

 

House Armed Services
FY2019 Military Personnel Posture

House Energy and Commerce
High Octane Fuels/High Efficiency Vehicles

House Appropriations
FEMA

 

Notable Legislation Introduced

 

Cybersecurity

S.2666 — 115th Congress (2017-2018)
A bill to improve assistance provided by the Hollings Manufacturing Extension Partnership to small manufacturers in the defense industrial supply chain on matters relating to cybersecurity, and for other purposes.
Sponsor: Sen. Coons, Christopher A. [D-DE] (Introduced 04/12/2018) Cosponsors: (2)
Committees: Senate - Commerce, Science, and Transportation
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on Commerce, Science, and Transportation.

 

Financial Services

H.R.5502 — 115th Congress (2017-2018)
To prohibit private passenger automobile insurers from using certain income proxies to determine insurance rates and eligibility.
Sponsor: Rep. Watson Coleman, Bonnie [D-NJ-12] (Introduced 04/12/2018) Cosponsors: (0)
Committees: House - Financial Services, Energy and Commerce
Latest Action: House - 04/12/2018 Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.5484 — 115th Congress (2017-2018)
To amend the Fair Debt Collection Practices Act to prohibit a court from making an award of costs to a defendant except on a finding that an action was brought in bad faith.
Sponsor: Rep. Cartwright, Matt [D-PA-17] (Introduced 04/12/2018) Cosponsors: (1)
Committees: House - Financial Services, Judiciary
Latest Action: House - 04/12/2018 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

 

Health

H.R.5498 — 115th Congress (2017-2018)
To amend title XVIII of the Social Security Act to extend the floor on the area wage index under the inpatient prospective payment system to certain sole community hospitals and to amend the Public Health Service Act to provide eligibility for certain sole community hospitals to discounted drug prices under the 340B drug pricing program.
Sponsor: Rep. Peterson, Collin C. [D-MN-7] (Introduced 04/12/2018) Cosponsors: (1)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 04/12/2018 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.5492 — 115th Congress (2017-2018)
To amend the Public Health Service Act to address the use of opioids and substance use disorders with respect to pregnant women and babies, and for other purposes.
Sponsor: Rep. Guthrie, Brett [R-KY-2] (Introduced 04/12/2018) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 04/12/2018 Referred to the House Committee on Energy and Commerce.

H.R.5488 — 115th Congress (2017-2018)
To amend title 36, United States Code, to provide for a Federal charter for Remote Area Medical, and for other purposes.
Sponsor: Rep. Duncan, John J., Jr. [R-TN-2] (Introduced 04/12/2018) Cosponsors: (2)
Committees: House - Judiciary
Latest Action: House - 04/12/2018 Referred to the House Committee on the Judiciary.

H.R.5483 — 115th Congress (2017-2018)
To impose a deadline for the promulgation of interim final regulations in accordance with section 311(h) of the Controlled Substances Act (21 U.S.C. 831(h)) specifying the circumstances in which a special registration may be issued to a practitioner to engage in the practice of telemedicine, and for other purposes.
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1] (Introduced 04/12/2018) Cosponsors: (5)
Committees: House - Energy and Commerce, Judiciary
Latest Action: House - 04/12/2018 Referred to the Committee on Energy and Commerce, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.5482 — 115th Congress (2017-2018)
To direct the Assistant Secretary of Defense for Health Affairs to develop a plan for countering emerging and deliberate infectious disease threats, and for other purposes.
Sponsor: Rep. Bacon, Don [R-NE-2] (Introduced 04/12/2018) Cosponsors: (0)
Committees: House - Armed Services
Latest Action: House - 04/12/2018 Referred to the House Committee on Armed Services.

S.2665 — 115th Congress (2017-2018)
A bill to require guidance on how the Food and Drug Administration will consider claims of opioid sparing and on the conditions under which the Food and Drug Administration will consider misuse and abuse of drugs in making certain determinations of safety.
Sponsor: Sen. Young, Todd C. [R-IN] (Introduced 04/12/2018) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.2661 — 115th Congress (2017-2018)
A bill to amend the Controlled Substances Act to allow hospice providers to dispose of leftover prescription medications, and for other purposes.
Sponsor: Sen. Warren, Elizabeth [D-MA] (Introduced 04/12/2018) Cosponsors: (3)
Committees: Senate - Judiciary
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on the Judiciary.

S.2659 — 115th Congress (2017-2018)
A bill to amend the Controlled Substances Act to authorize employees of hospice programs to handle controlled substances in the residences of certain hospice patients to assist in disposal of those controlled substances.
Sponsor: Sen. Collins, Susan M. [R-ME] (Introduced 04/12/2018) Cosponsors: (4)
Committees: Senate - Judiciary
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on the Judiciary.

S.2658 — 115th Congress (2017-2018)
A bill to amend the Public Health Service Act to provide for systematic data collection, analysis, and epidemiological research regarding neonatal abstinence syndrome.
Sponsor: Sen. Nelson, Bill [D-FL] (Introduced 04/12/2018) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

S.2657 — 115th Congress (2017-2018)
A bill to amend title V of the Public Health Service Act to establish a grant program to create peer support recovery networks, and for other purposes.
Sponsor: Sen. Collins, Susan M. [R-ME] (Introduced 04/12/2018) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 04/12/2018 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 

Tax

H.R.5493 — 115th Congress (2017-2018)
To amend the Internal Revenue Code of 1986 to exclude from income discharge of medical indebtedness.
Sponsor: Rep. Johnson, Sam [R-TX-3] (Introduced 04/12/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 04/12/2018 Referred to the House Committee on Ways and Means.

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
  • 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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ Williams & Jensen Mourns Its Co-founder, JD Williams: bit.ly/2BBOUrT
TheFirmWJ
TheFirmWJ Bills to be considered on the House floor next week as of noon on 12/7: bit.ly/2AD5lFl pic.twitter.com/p...
TheFirmWJ
TheFirmWJ House and Senate Armed Services Committees release summary of FY 2018 National Defense Authorization Act: bit.ly/2jbFgIT pic.twitter.com/U...