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 Senate will vote on the  motion to concur in the House amendments to S.3021, WRDA and will consider the motion to proceed to S.J.Res.63, providing for congressional disapproval relating to “Short-Term, Limited Duration Insurance.”

THE HOUSE

 

Yesterday

  • The House was not in session.

 

Today

  • The House is not in session.

 

THE SENATE

 

Yesterday

  • House Messages:
    • America's Water Infrastructure Act--Agreement: Senate resumed consideration of the amendments of the House of Representatives to S. 3021, to designate the United States courthouse located at 300 South Fourth Street in Minneapolis, Minnesota, as the ``Diana E. Murphy United States Courthouse'', taking action on the following motions and amendments proposed thereto:
    • Pending:
      • McConnell motion to concur in the amendments of the House to the bill.
      • McConnell motion to concur in the amendment of the House to the bill, with McConnell Amendment No. 4048 (to the motion to concur in the amendment of the House to the bill), to change the enactment date.
      • McConnell Amendment No. 4049 (to Amendment No. 4048), of a perfecting nature.
  • During consideration of this measure today, Senate also took the following action:
    • By 96 yeas to 3 nays (Vote No. 224), three-fifths of those Senators duly chosen and sworn, having voted in the affirmative, Senate agreed to the motion to close further debate on McConnell motion to concur in the amendments of the House to the bill.
    • McConnell motion to refer the House message to accompany the bill to the Committee on Environment and Public Works, with instructions, McConnell Amendment No. 4050, to change the enactment date, fell when cloture was invoked on McConnell motion to concur in the amendments of the House to the bill.
    • McConnell Amendment No. 4051 (to the instructions (Amendment No. 4050) of the motion to refer), of a perfecting nature, fell when McConnell motion to refer the House message to accompany the bill to the Committee on Environment and Public Works, with instructions, McConnell Amendment No. 4050 (listed above) fell.
    • McConnell Amendment No. 4052 (to Amendment No. 4051), of a perfecting nature, fell when McConnell Amendment No. 4051 (to the instructions (Amendment No. 4050) of the motion to refer) (listed above) fell.
    • A unanimous-consent agreement was reached providing that notwithstanding rule XXII, following Leader remarks on Wednesday, October 10, 2018, Senator Schumer, or his designee, be recognized to make a motion to proceed to S.J. Res. 63, providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Secretary of the Treasury, Secretary of Labor, and Secretary of Health and Human Services relating to ``Short-Term, Limited Duration Insurance''; that the time until 11:30 a.m. be equally divided between the Leaders, or their designees, for use on S.J. Res. 63 and the House message to accompany S. 3021 concurrently; that at 11:30 a.m., all post-cloture time on McConnell motion to concur in the amendments of the House to S. 3021 be considered expired and McConnell motion to concur in the amendment of the House to S. 3021, with McConnell Amendment No. 4048 (to the motion to concur in the amendment of the House to the bill) (listed above) be withdrawn; and that following the disposition of McConnell motion to concur in the amendments of the House to S. 3021, all time on S.J. Res. 63 be considered expired and Senate vote on the joint resolution.

 

Today

  • The Senate stands adjourned until 10:00am on Wednesday, October 10, 2018.
  • Following leader remarks, Senator Schumer, or his designee, will be recognized to make a motion to proceed to S.J.Res.63, providing for congressional disapproval relating to "Short-Term, Limited Duration Insurance", with the time until 11:30am running concurrently and equally divided on the joint resolution and the House message to accompany S.3021, WRDA.
  • At 11:30am, all post-cloture time on the motion to concur in the House amendments will be considered expired and the Senate will vote on the motion to concur. Following disposition of the motion to concur, all time on S.J.Res.63 will be considered expired and the Senate vote on the joint resolution.
  • The Senate will recess from 12:30pm until 2:15pm to allow for the weekly caucus meetings.
  • As a reminder, Senator McConnell has filed cloture on the following Executive nominations:
    • 1. Executive Calendar #640, Jeffrey Bossert Clark, of Virginia, to be an Assistant Attorney General
    • 2. Executive Calendar #641, Eric S. Dreiband, of Maryland, to be an Assistant Attorney General
    • 3. Executive Calendar #866, James N. Stewart, of North Carolina, to be an Assistant Secretary of Defense.
  • Wednesday at 11:30am – 2 roll call votes:
    • 1. Motion to concur in the House amendments to S.3021, WRDA (passage)
    • 2. Passage of S.J.Res.63, providing for congressional disapproval relating to "Short-Term, Limited Duration Insurance"
  • Wednesday at 2:15pm – 1 roll call vote:
    • 1. Motion to invoke cloture on Executive Calendar #640, Jeffrey Bossert Clark, of Virginia, to be an Assistant Attorney General

 

Hearings Covered by W&J Today

 

Senate Homeland Security and Governmental Affairs
Threats to the Homeland

Senate Armed Services
Air Force Readiness

Senate Commerce
Consumer Data Privacy

Senate EPW
Successful State Wildlife Conservation-Recovery-Management

 

Notable Legislation Introduced

 

Financial Services

H.R.7054 — 115th Congress (2017-2018)
To establish an Office of Housing Innovation in the Department of Housing and Urban Development to assist in exploring and developing new approaches for increasing and diversifying the supply of housing and for meeting the challenges of housing shortages, housing affordability, and traffic congestion, and for other purposes.
Sponsor: Rep. DeSaulnier, Mark [D-CA-11] (Introduced 10/09/2018) Cosponsors: (0)
Committees: House - Financial Services
Latest Action: House - 10/09/2018 Referred to the House Committee on Financial Services.

H.R.7050 — 115th Congress (2017-2018)
To require Community Development Block Grant recipients to develop a strategy to support inclusive zoning policies, to allow for a credit to support housing affordability, and for other purposes.
Sponsor: Rep. Clyburn, James E. [D-SC-6] (Introduced 10/09/2018) Cosponsors: (0)
Committees: House - Ways and Means, Financial Services
Latest Action: House - 10/09/2018 Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, 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

S.3560 — 115th Congress (2017-2018)
A bill to allow individuals to choose to opt out of the Medicare part A benefit.
Sponsor: Sen. Cruz, Ted [R-TX] (Introduced 10/09/2018) Cosponsors: (1)
Committees: Senate - Finance
Latest Action: Senate - 10/09/2018 Read twice and referred to the Committee on Finance.

 

Tax

H.R.7057 — 115th Congress (2017-2018)
To amend the Internal Revenue Code to increase the exclusion for employer-provided dependent care assistance and to allow limited annual carryforward of unused dependent care flexible spending arrangement account balances.
Sponsor: Rep. Wagner, Ann [R-MO-2] (Introduced 10/09/2018) Cosponsors: (1)
Committees: House - Ways and Means
Latest Action: House - 10/09/2018 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

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