PublicationsInsights on Current Policy Issues

  • December 17, 2018

    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...

    Read More
  • 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

The House will consider five bills under suspension of the rules as well as consider H.R. 265 – Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2019 and H.R. 267 – Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2019. The Senate will resume consideration of the motion to proceed to S.1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people.

THE HOUSE

 

Yesterday

  • Suspension--Proceedings Resumed: The House agreed to suspend the rules and pass the following measure. Consideration began Tuesday, January 8th.
    • Clarity on Small Business Participation in Category Management Act of 2019:
      • H.R. 226, to amend the Small Business Act to include best in class designations in the annual report on small business goals prepared by the Administrator of the Small Business Administration, by a \2/3\ yea-and-nay vote of 414 yeas to 11 nays, Roll No. 18.
    • Committee Elections:
      • The House agreed to H. Res. 32, electing Members to certain standing committees of the House of Representatives.
    • Adopting the Rules of the House for the One Hundred Sixteenth Congress:
      • The House agreed to Title III of H. Res. 6, adopting the Rules of the House for the One Hundred Sixteenth Congress, by a yea-and-nay vote of 235 yeas to 192 nays, Roll No. 19.
    • H. Res. 5, providing for consideration of the resolution (H. Res. 6), the bill (H.R. 21), and the joint resolution (H.J. Res. 1) was agreed to Thursday, January 3rd.
    • Financial Services and General Government Appropriations Act, 2019:
      • The House passed H.R. 264, making appropriations for financial services and general government for the fiscal year ending September 30, 2019, by a yea-and-nay vote of 240 yeas to 188 nays, Roll No. 21.
    • Rejected the Graves (GA) motion to recommit the bill to the Committee on Appropriations with instructions to report the same back to the House forthwith with an amendment, by a yea-and-nay vote of 200 yeas to 227 nays, Roll No. 20.
    • H. Res. 28, the rule providing for consideration of the bills (H.R. 264), (H.R. 265), (H.R. 266), and (H.R. 267) was agreed to by a yea-and-nay vote of 231 yeas to 195 nays, Roll No. 17, after the previous question was ordered by a yea-and-nay vote of 231 yeas to 195 nays, Roll No. 16.

 

Today

  • H.R. 265 – Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2019 (Rep. Bishop (GA) – Appropriations)
  • H.R. 267 – Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2019 (Rep. Price – Appropriations)
  • Suspensions (5 bills)
  • H.R. 31 – Caesar Syria Civilian Protection Act of 2019, as amended (Rep. Engel – Foreign Affairs)
  • H.R. 115 – Protecting Diplomats from Surveillance Through Consumer Devices Act (Rep. Castro – Foreign Affairs)
  • H.R. 133 – United States-Mexico Economic Partnership Act (Rep. Cuellar – Foreign Affairs)
  • H.R. 192 – Trans-Sahara Counter-terrorism Partnership Act (Rep. McCaul – Foreign Affairs)
  • H.R. 221 – Special Envoy to Monitor and Combat Anti-Semitism Act (Rep. Smith (NJ) – Foreign Affairs)

 

THE SENATE

 

Yesterday

  • Measures Considered:
    • Strengthening America's Security in the Middle East Act--Agreement:
      • Senate continued consideration of the motion to proceed to consideration of S. 1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people.
    • A unanimous-consent agreement was reached providing for further consideration of the motion to proceed to consideration of the bill at approximately 10 a.m., on Thursday, January 10, 2019; and that notwithstanding the provisions of Rule XXII, the vote on the motion to invoke cloture on the motion to proceed to consideration of the bill occur at 1:45 p.m.

 

Today

  • Following leader remarks, the Senate will resume consideration of the motion to proceed to S.1, to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people, and for other purposes.
  • At 1:45pm, the Senate will vote on the motion to invoke cloture on the motion to proceed to S.1.
  • Thursday at 1:45pm – 1 roll call vote
    • Motion to invoke cloture on the motion to proceed to S.1: to make improvements to certain defense and security assistance provisions and to authorize the appropriation of funds to Israel, to reauthorize the United States-Jordan Defense Cooperation Act of 2015, and to halt the wholesale slaughter of the Syrian people, and for other purposes

 

Hearings Covered by W&J Today

 

No hearings scheduled

 

Notable Legislation Introduced

 

Energy

H.R.370 — 116th Congress (2019-2020)
To require the Secretary of Energy to carry out a program relating to physical security and cybersecurity for pipelines and liquefied natural gas facilities.
Sponsor: Rep. Upton, Fred [R-MI-6] (Introduced 01/09/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 01/09/2019 Referred to the House Committee on Energy and Commerce.

H.R.360 — 116th Congress (2019-2020)
To require the Secretary of Energy to establish a voluntary Cyber Sense program to test the cybersecurity of products and technologies intended for use in the bulk-power system, and for other purposes.
Sponsor: Rep. Latta, Robert E. [R-OH-5] (Introduced 01/09/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 01/09/2019 Referred to the House Committee on Energy and Commerce.

H.R.359 — 116th Congress (2019-2020)
To provide for certain programs and developments in the Department of Energy concerning the cybersecurity and vulnerabilities of, and physical threats to, the electric grid, and for other purposes.
Sponsor: Rep. McNerney, Jerry [D-CA-9] (Introduced 01/09/2019) Cosponsors: (1)
Committees: House - Energy and Commerce
Latest Action: House - 01/09/2019 Referred to the House Committee on Energy and Commerce.

 

Financial Services

H.R.389 — 116th Congress (2019-2020)
To authorize the Secretary of the Treasury to pay rewards under an asset recovery rewards program to help identify and recover stolen assets linked to foreign government corruption and the proceeds of such corruption hidden behind complex financial structures in the United States and abroad.
Sponsor: Rep. Lynch, Stephen F. [D-MA-8] (Introduced 01/09/2019) Cosponsors: (2)
Committees: House - Financial Services
Latest Action: House - 01/09/2019 Referred to the House Committee on Financial Services.

H.R.388 — 116th Congress (2019-2020)
To update thresholds for certain currency transaction reports and suspicious activity reports, and for other purposes.
Sponsor: Rep. Loudermilk, Barry [R-GA-11] (Introduced 01/09/2019) Cosponsors: (2)
Committees: House - Financial Services
Latest Action: House - 01/09/2019 Referred to the House Committee on Financial Services.

S.65 — 116th Congress (2019-2020)
A bill to amend the Federal Reserve Act to require Federal Reserve banks to interview at least one individual reflective of gender diversity and one individual reflective of racial or ethnic diversity when appointing Federal Reserve bank presidents, and for other purposes.
Sponsor: Sen. Harris, Kamala D. [D-CA] (Introduced 01/09/2019) Cosponsors: (4)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 01/09/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.383 — 116th Congress (2019-2020)
To amend the Patient Protection and Affordable Care Act to ensure that preexisting condition exclusions with respect to enrollment in health insurance coverage and group health plans continue to be prohibited.
Sponsor: Rep. Joyce, David P. [R-OH-14] (Introduced 01/09/2019) Cosponsors: (4)
Committees: House - Energy and Commerce
Latest Action: House - 01/09/2019 Referred to the House Committee on Energy and Commerce.

H.R.373 — 116th Congress (2019-2020)
To amend title XVIII of the Social Security Act to provide for certain administrative or judicial review respecting the identification of primary care practitioners under part B of the Medicare program.
Sponsor: Rep. Brownley, Julia [D-CA-26] (Introduced 01/09/2019) Cosponsors: (0)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 01/09/2019 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.366 — 116th Congress (2019-2020)
To amend titles XVIII and XIX of the Social Security Act to eliminate cost sharing with respect to coverage of insulin as a covered part D drug under the Medicare program or as a covered outpatient drug under the Medicaid program.
Sponsor: Rep. Rush, Bobby L. [D-IL-1] (Introduced 01/09/2019) Cosponsors: (33)
Committees: House - Energy and Commerce, Ways and Means
Latest Action: House - 01/09/2019 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...

S.68 — 116th Congress (2019-2020)
A bill to require the Medicaid and CHIP Payment and Access Commission to publish an annual report on the estimated impact in each State of the Medicaid expansion added by the Patient Protection and Affordable Care Act, including the estimated impact that adopting such expansion would have in States that have not expanded their Medicaid coverage.
Sponsor: Sen. Jones, Doug [D-AL] (Introduced 01/09/2019) Cosponsors: (5)
Committees: Senate - Finance
Latest Action: Senate - 01/09/2019 Read twice and referred to the Committee on Finance.

S.64 — 116th Congress (2019-2020)
A bill to prohibit brand name drug companies from compensating generic drug companies to delay the entry of a generic drug into the market, and to prohibit biological product manufacturers from compensating biosimilar and interchangeable companies to delay the entry of biosimilar biological products and interchangeable biological products.
Sponsor: Sen. Klobuchar, Amy [D-MN] (Introduced 01/09/2019) Cosponsors: (1)
Committees: Senate - Judiciary
Latest Action: Senate - 01/09/2019 Read twice and referred to the Committee on the Judiciary.

S.62 — 116th Congress (2019-2020)
A bill to amend title XVIII of the Social Security Act to allow the Secretary of Health and Human Services to negotiate fair prescription drug prices under part D of the Medicare program.
Sponsor: Sen. Klobuchar, Amy [D-MN] (Introduced 01/09/2019) Cosponsors: (33)
Committees: Senate - Finance
Latest Action: Senate - 01/09/2019 Read twice and referred to the Committee on Finance.

S.61 — 116th Congress (2019-2020)
A bill to amend the Federal Food, Drug, and Cosmetic Act to allow for the personal importation of safe and affordable drugs from approved pharmacies in Canada.
Sponsor: Sen. Grassley, Chuck [R-IA] (Introduced 01/09/2019) Cosponsors: (1)
Committees: Senate - Health, Education, Labor, and Pensions
Latest Action: Senate - 01/09/2019 Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

 

Tax

H.R.410 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to provide reimbursement for possessions of the United States with respect to the earned income tax credit and the child tax credit.
Sponsor: Rep. Plaskett, Stacey E. [D-VI-At Large] (Introduced 01/09/2019) Cosponsors: (0)
Committees: House - Ways and Means
Latest Action: House - 01/09/2019 Referred to the House Committee on Ways and Means.

 

Transportation

H.R.393 — 116th Congress (2019-2020)
To require the disclosure of beneficial ownership by a foreign person of aircraft registration, and for other purposes.
Sponsor: Rep. Lynch, Stephen F. [D-MA-8] (Introduced 01/09/2019) Cosponsors: (2)
Committees: House - Transportation and Infrastructure
Latest Action: House - 01/09/2019 Referred to the House Committee on Transportation and Infrastructure.

PublicationsInsights on Current Policy Issues

  • December 17, 2018

    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...

    Read More
  • 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

Recent TweetsFollow Us >

TheFirmWJ
TheFirmWJ Congressional Research Service reports are now available through @congressdotgov : crsreports.congre...
TheFirmWJ
TheFirmWJ Thanks to the Century Club for hosting W&J’s Frank Vlossak and Chris Wilcox to discuss the elections and the outlook for the 116th Congress. pic.twitter.com/u... – at The Century Club
TheFirmWJ
TheFirmWJ A W&J election update from Matt Hoekstra, Chris Wilcox, and Van Hilleary. pic.twitter.com/z...