Financial Services Report (4/19)
Another busy week in both chambers. First, in the House, floor activity includes a pair of immigration-related measures, as well as a bill to make Washington, D.C. the 51st state. Additionally, now that Republican opposition to suspension bills has abated, the House is taking up a slew of suspension bills out of the House Financial […]
- September 15, 2016
Financial Services Report
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 […]
- July 21, 2016
Financial Services Report
Looking Ahead Near Term The Republican National Convention starts today and runs through Thursday. The Democratic National Convention starts one week from today and runs through Thursday, July 28th Further Out Congress returns from its recess on September 6th. Funding for the Federal Government expires on September 30th. Presidential election will be on November 8th.
- July 11, 2016
Financial Services Report
Our Take The 2015 Congressional calendar was one defined by a series of statutorily imposed deadlines that gave us a modicum of certainty – in as much as that is ever possible with the United States Congress – of when, and in most cases “what” was coming down the pike. This year, and perhaps in […]
- July 5, 2016
Financial Services Report
Our Take When the House returns today, and the Senate a day later, from their 4th of July breaks it is unlikely that the time spent extolling the virtues of our country, wrapping themselves in patriotism or recalling the words of the Declaration of Independence will have any effect on the partisan gridlock that has […]
- June 27, 2016
Financial Services Report
Our Take Starting last Wednesday afternoon and stretching all the way through the next 25 hours, the House of Representatives ground to a halt, as House Democrats staged a sit-in to express their frustrations with the lack of a vote on their proposal to prevent individuals on the “no fly list” from being able to […]
- June 20, 2016
Financial Services Report
Looking Ahead Near Term The Senate is expected to take up a proposal on gun control in response to the the mass shooting in Orlando and after Sen. Chris Murphy (D-CT) held a 15-hour filibuster on the subject last week. The vote will be part of four amendments to pending Commerce-Justice-Science spending legislation (H.R.2578). The […]
- June 13, 2016
Financial Services Report
Looking Ahead Near Term SEC Chair White testifies before the Senate Banking Committee on Tuesday. The House Financial Services Committee will mark-up a slew of bills on Wednesday.
- May 31, 2016
Financial Services Report
Looking Ahead Near Term Both the House and Senate are in Recess this week. The CFPB is expected to announce a Notice of Proposed Rulemaking (NPRM) for it long awaited small dollar lending rule on June 2nd The Fed is expected to announce a NPRM for its insurance capital standards rules on June 3rd Further […]
- May 23, 2016
Financial Services Report
Our Take If all goes according to plan, this week the House Resources Committee is expected to mark-up legislation to resolve the Puerto Rico fiscal crisis this week. While the entire process is extremely fragile, assuming that the bill can survive the mark-up, it could be on the House floor as early as the week […]
- May 16, 2016
Financial Services Report
Looking Ahead Near Term Busy week in the House as the chamber will consider the Defense Authorization bill. This massive legislation often includes debate on numerous amendments. The House Financial Services Committee has three hearings scheduled for the week – including one the CFPB’s recently released NRPM on arbitration. The Senate will continue it work […]
- April 25, 2016
Financial Services Report
Looking Ahead Near Term The House will consider a series of Financial Services related measures this week, including H. J. Res. 88, that would disapprove of the Department of Labor’s (DOL) recently finalized conflict of interest rule for financial advisers. Additionally, a bill to help startup companies enjoy greater access to angel investors (H.R. 4498), […]
- April 18, 2016
Financial Services Report
Our Take Because of a quirk in the calendar, millions of Americans will be rushing to the Post Office today to file their taxes. Without getting into a political discussion about whether our taxes are too high, or not high enough, it is worth noting that many defenders of the federal income tax often quote […]