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...

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  • 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...

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The House will consider five bills under suspension of the rules. The Senate will resume consideration of the motion to proceed to S.47, Natural Resources Management Act, post-cloture.

THE HOUSE

 

Yesterday

  • Public Bills and Resolutions Introduced: 
    • 24 public bills, H.R. 962–985; and 5 resolutions, H.J. Res. 42; H. Con. Res. 14; and H. Res. 99–101, were introduced.
  • Recess:
    • The House recessed at 12:13 p.m. and reconvened at 2 p.m.
  • Commission on Security and Cooperation in Europe--Appointment:
    • The Chair announced the Speaker's appointment of the following Member on the part of the House to the Commission on Security and Cooperation in Europe: Representative Hastings, Chair.
  • Recess:
    • The House recessed at 2:11 p.m. and reconvened at 8:35 p.m.
  • State of the Union Address:
    • President Donald Trump delivered his State of the Union address to a joint session of Congress, pursuant to the provisions of H. Con. Res. 9. The President's message was referred to the Committee of the Whole House on the State of the Union and ordered to be printed.

 

Today

  • Suspensions (5 bills)
    • H.R. 876 – Pacific Northwest Earthquake Preparedness Act of 2019, as amended (Rep. DeFazio – Transportation and Infrastructure)
    • H.R. 866 – Fairness for Breastfeeding Mothers Act of 2019 (Rep. Norton – Transportation and Infrastructure)
    • H.R. 543 – To require the Federal Railroad Administration to provide appropriate congressional notice of comprehensive safety assessments conducted with respect to intercity or commuter rail passenger transportation (Rep. Sires – Transportation and Infrastructure)
    • H.R. 831 – Reviving America’s Scenic Byways Act of 2019 (Rep. Cicilline – Transportation and Infrastructure)
    • H.R. 66 – Route 66 Centennial Commission Act (Rep. Rodney Davis – Transportation and Infrastructure)

 

THE SENATE

 

Yesterday

  1. Passage of S.1, Strengthening America's Security in the Middle East Act of 2019, as amended: passed 77-23.
  2. Motion to invoke cloture on the motion to proceed to S.47, Natural Resources Management Act: invoked 99-1.
  •  Legislative Business
    •  By voice vote, adopted Menendez for Risch amendment #98 (classified annex)
    •  By voice vote, adopted Risch amendment #97 (reporting requirement), as amended

 

Today

  • Upon dissolution of the joint session, the Senate will stand adjourned until 10:00am on Wednesday, February 6, 2019. Following Leader remarks, the Senate will resume consideration of the motion to proceed to S.47, Natural Resources Management Act, post-cloture.

 

Hearings Covered by W&J Today

 

Senate Aging
Financial Security in Retirement

Senate Banking
Organizational Meeting

House Appropriations
Impact of the Administration’s Policies Affecting the ACA

House Ways and Means
Improving Retirement Security

House Judiciary
Preventing Gun Violence

House Energy and Commerce
Climate Change Environmental/Economic Effect

House Natural Resources
Climate Change

Senate Commerce
Deployment of 5G Technology

House Energy and Commerce
Texas v. U.S. Impacts on Health Care

House Education and Labor
Threats to Workers with Preexisting Conditions

 

Notable Legislation Introduced

 

Cybersecurity

S.333 — 116th Congress (2019-2020)
A bill to authorize the Secretary of Homeland Security to work with cybersecurity consortia for training, and for other purposes.
Sponsor: Sen. Cornyn, John [R-TX] (Introduced 02/05/2019) Cosponsors: (2)
Committees: Senate - Homeland Security and Governmental Affairs
Latest Action: Senate - 02/05/2019 Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 

Energy

H.R.978 — 116th Congress (2019-2020)
To preserve appropriate and achievable Federal standards for greenhouse gas emissions and corporate average fuel economy for cars and light trucks through model year 2025, and for other purposes.
Sponsor: Rep. Matsui, Doris O. [D-CA-6] (Introduced 02/05/2019) Cosponsors: (19)
Committees: House - Energy and Commerce
Latest Action: House - 02/05/2019 Referred to the House Committee on Energy and Commerce.

 

Financial Services

H.R.969 — 116th Congress (2019-2020)
To amend the Consumer Financial Protection Act of 2010 to bring the Bureau of Consumer Financial Protection into the regular appropriations process, and for other purposes.
Sponsor: Rep. Barr, Andy [R-KY-6] (Introduced 02/05/2019) Cosponsors: (28)
Committees: House - Financial Services
Latest Action: House - 02/05/2019 Referred to the House Committee on Financial Services.

 

Health

H.R.985 — 116th Congress (2019-2020)
To amend the Federal Food, Drug, and Cosmetic Act to ensure that eligible product developers have competitive access to approved drugs and licensed biological products, so as to enable eligible product developers to develop and test new products, and for other purposes.
Sponsor: Rep. Welch, Peter [D-VT-At Large] (Introduced 02/05/2019) Cosponsors: (2)
Committees: House - Energy and Commerce
Latest Action: House - 02/05/2019 Referred to the House Committee on Energy and Commerce.

H.R.965 — 116th Congress (2019-2020)
To promote competition in the market for drugs and biological products by facilitating the timely entry of lower-cost generic and biosimilar versions of those drugs and biological products.
Sponsor: Rep. Cicilline, David N. [D-RI-1] (Introduced 02/05/2019) Cosponsors: (5)
Committees: House - Energy and Commerce, Judiciary
Latest Action: House - 02/05/2019 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...

S.340 — 116th Congress (2019-2020)
A bill to promote competition in the market for drugs and biological products by facilitating the timely entry of lower-cost generic and biosimilar versions of those drugs and biological products.
Sponsor: Sen. Leahy, Patrick J. [D-VT] (Introduced 02/05/2019) Cosponsors: (27)
Latest Action: Senate - 02/05/2019 Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

 

Tax

H.R.979 — 116th Congress (2019-2020)
To amend the Internal Revenue Code of 1986 to require inclusion of the taxpayers social security number to claim the refundable portion of the child tax credit.
Sponsor: Rep. Posey, Bill [R-FL-8] (Introduced 02/05/2019) Cosponsors: (3)
Committees: House - Ways and Means
Latest Action: House - 02/05/2019 Referred to the House Committee on Ways and Means.

 

Trade

S.335 — 116th Congress (2019-2020)
A bill to require the Secretary of Commerce to ensure that ZTE Corporation complies with all probationary conditions set forth in the settlement agreement entered into between ZTE Corporation and the Bureau of Industry and Security of the Department of Commerce.
Sponsor: Sen. Rubio, Marco [R-FL] (Introduced 02/05/2019) Cosponsors: (6)
Committees: Senate - Banking, Housing, and Urban Affairs
Latest Action: Senate - 02/05/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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

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