Financial Services Report (4/19)

Our Take During the campaign, it was said by some that Donald Trump is the wrong answer to the right question.   Regardless, it was clear – both from the primaries and then in the general – that a big section of the American public was incredibly frustrated with the institutions of governments and were prepared […]

Looking Ahead Near Term Both the House and the Senate are in Recess this week. Further Out Chairman Hensarling is expected to release the latest iteration of his Dodd-Frank replacement bill, known as the Choice Act, perhaps as soon as the week Members return.   According to some accounts, he has left version 2.0 behind and […]

Our Take Earlier this week, in a very excellent piece that ran in Axios (totally worth adding to the morning subscription list if you haven’t already), Jim VandeHei laid out a very rationalized reason why he thinks the current state of American politics will only get worse.  While he may be correct, it seems the […]

Looking Ahead Near Term A relatively tame week could be on tap as the Senate continues to slog through the nominations process, while the House continues to push through a series of Congressional Review Act resolutions.   The House Financial Services Committee is scheduled to meet to approve the Committees’ oversight plan for the coming year.   […]

Looking Ahead Near Term The House starts up the Congressional Review Act process by teeing up votes on a handful of regulations, including on Dodd-Frank era SEC rule requiring disclosure of payments made for mineral extraction.  In the Senate, lawmakers will continue to work through President Trump’s Cabinet nominees, with floor votes scheduled for Secretary […]

Looking Ahead Near Term A short week in the House as Republicans leave on Wednesday for their Caucus retreat.   The Senate will continue to move through the nominations process with votes scheduled for Mike Pompeo (R-KS) for CIA Director as well as numerous committee votes for those who have had hearings. The Trump administration is […]

Our Take One looking for a juxtaposition that may shed some light on the current state of world events needs not look any further than this week which starts with the commencement of the World Economic Forum in Davos and concludes with the inauguration of Donald Trump as the 45th President of the United States.  […]

Our Take As the 114th Congress winds to a close, the attention of the pundits and prognosticators drift toward next year and the start of a new Congress and the transition to a new Administration.   Although the conventional wisdom was a bit “off” for 2016, it hopes to rebound in 2017, as many believe that […]

Our Take As the 114th Congress draws to a close, historians may look back to deem it the least productive Congress ever, as it will conclude having been in session for only about 115 days this year.   More frustratingly, despite having a few major legislative victories, it appears that Congress has decide to punt many […]

Our Take Donald Trump’s surprise victory on November 8th shifted many of the conventional wisdom's held by pundits and the expectations for the 2017 agenda.  Clearly the new administration will have a more deregulatory bend.  Currently the Trump team continues to work through its transition planning – including who will be nominated for critical posts […]

Our Take While the 2016 Presidential election has felt like it has been going on for an entirety, hopefully it will all be over soon (though perhaps not soon enough).   Since the beginning, we have been arguing that the 2016 race will be seen as the “Facebook election” meaning that for the first time the […]

Our Take After months of waiting this past week saw the return of what so many in our nation follow so closely.   That’s right, the NFL is back!    Oh yeah, and Congress returned from a seven-week recess, much to the chagrin of staff, K Street, and perhaps even some of the Members themselves.   With […]