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Health Policy Report
The Week in Review
The House (300-128) and Senate (83-16) overwhelmingly passed a compromise spending measure (text; summary) to avert a second partial government shutdown last week. The bill was signed by President Trump, who simultaneously issued a national emergency declaration in order to tap into Congressionally appropriated funds for additional border security spending, including: (1) $600 million from a Treasury forfeiture fund; (2) $2.5 billion from a Defense Department drug interdiction program; and (3) $3.5 billion from the military construction budget. The president’s move will likely face a challenge in Congress, as well as a tough battle in the courts, as Democrats prepare legislative and legal options to prevent the circumvention.
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Financial Services Report (2/19)
Looking Ahead
The Schedule returns with a vengeance for the last week of February as the semi-annual required testimony of Fed Chair takes place, first in the Senate on the 26th and then in the House.
Also on Feb 26th, the House Financial Services Committee will hold a hearing on the Credit Reporting Agencies with at least the CEOs of the so-called “Big Three."
And also on Feb 26th the House Energy and Commerce Subcommittee on Consumer Protection and Commerce will hold hearing on data privacy. The Senate Commerce Committee is scheduled to hold a hearing on the “Policy Principles for a Data Privacy Framework in the United States).