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.

     

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  • 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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  • October 10, 2017

    By Frank Vlossak

    On October 10, Environmental Protection Agency (EPA) Administrator Scott Pruitt signed a Notice of Proposed Rulemaking (NPRM) titled “Repeal of Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Generating Units”. The NPRM would rescind the Obama Administration’s Clean Power Plan (CPP), a rule that would reduce greenhouse gas (GHG) emissions from existing power generation sector sources, namely coal and natural gas power plants.

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The House passed H.R. 4881, the Precision Agriculture Connectivity Act; H.R. 184, the Protect Medical Innovation Act; H.R. 6311 Increasing Access to Lower Premium Plans and Expanding Health Savings Accounts Act of 2018; H.R. 6199, Restoring Access to Medication Act and H.R. 5515, the National Defense Authorization Act FY 2019.


This Week in Congress

  • House –The House passed H.R. 4881, the Precision Agriculture Connectivity Act; H.R. 184, the Protect Medical Innovation Act; H.R. 6311 Increasing Access to Lower Premium Plans and Expanding Health Savings Accounts Act of 2018; H.R. 6199, Restoring Access to Medication Act and H.R. 5515, the National Defense Authorization Act FY 2019.

 

  • Senate –The Senate passed H.R. 2353, to reauthorize the Carl D. Perkins Career and Technical Education Act of 2006; S. 2278, State Offices of Rural Health Reauthorization Act of 2018; H.R. 5729 restricting the Coast Guard from adopting certain biometric security measures; H.R. 4318, the Miscellaneous Tariff Bill; S. 2503, Department of Energy Research and Innovation Act; and confirmed Robert L. Wilkie to be Secretary of Veterans Affairs and  Bruce Landsberg and Jennifer L. Homendy to be Members of the National Transportation Safety Board.

 

Next Week in Congress

  • House -The House is in recess until September 4.

 

  • Senate –The Senate may resume consideration of the nomination of Britt Cagle Grant to be United States Circuit Judge for the Eleventh Circuit and the Minibus II, including Agriculture, T-HUD, Interior, Environment, Financial Services, and General Government Appropriations; a four-month extension of the flood insurance program; and the conference report on the National Defense Authorization Act.

 

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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
  • 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
  • October 10, 2017

    By Frank Vlossak

    On October 10, Environmental Protection Agency (EPA) Administrator Scott Pruitt signed a Notice of Proposed Rulemaking (NPRM) titled “Repeal of Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Generating Units”. The NPRM would rescind the Obama Administration’s Clean Power Plan (CPP), a rule that would reduce greenhouse gas (GHG) emissions from existing power generation sector sources, namely coal and natural gas power plants.

    Read...

    Read More

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