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 […]
- November 23, 2020
Financial Services Report (11/23)
Last week, President-elect Joe Biden announced several of his key White House senior staff appointees. His team also announced that they would be making more announcements this week. In the interim, we await his choice for Treasury Secretary, which he has said should satisfy both moderate and progressive wings of the Democratic Party.
- November 16, 2020
Financial Services Report (11/16)
— TRUMP VS. BIDEN. Former Vice President Joe Biden has been declared President-elect by all the major media outlets after clinching victories in Pennsylvania, Michigan, Arizona, Wisconsin, and Nevada. President-elect Biden is also leading in Georgia as the remaining mail-in and absentee ballots continue to get counted or recounted. President Trump appeared to concede the race on […]
- October 26, 2020
Financial Services Report (10/26)
Although we do not know who is going to win the Presidential election next week, proponents of former Vice President Biden are once again putting their faith in positive polling, and so we are starting to see an increase of articles about the Biden Transition. In fact, Politico has a whole newsletter devoted to the topic. While these stories […]
- October 14, 2020
Financial Services Report (10/5)
While the House was scheduled to be in recess – albeit subject to a 24-hours notice to return for a vote if a deal on COVID relief gets made – the Senate was scheduled to be in town to continue to vote on Judges. Then three Senators tested positive for COVID and Senate Majority Leader […]
- June 8, 2020
Financial Services Report (6/8)
The protests for justice in the aftermath of the George Floyd killing have upended a congressional schedule, that was already upended by COVID-19, and may likely result in the House of Representatives coming back to DC to vote on a package of civil justice legislation before the end of the month. In the near term, […]
- June 3, 2020
TRP is Hiring: Financial Services Legislative Assistant
Thorn Run Partners, one of the top lobbying firms in Washington D.C., is seeking a Legislative Assistant with an interest in federal politics and financial services policy to aid our executive-level advocacy team on a variety of writing, research, and administrative projects. The Legislative Assistant will spearhead a variety of legislative and regulatory projects, such […]
- May 11, 2020
Financial Services Report (5/11)
House lawmakers are currently scheduled to return to Washington next week, as House Democrats continue to work on tying loose ends on their forthcoming stimulus proposal. Provisions expected in the section from the Financial Services Committee include: prohibitions on negative credit reporting, debt collection and wage garnishment of stimulus funds, as well as rental market […]
- April 13, 2020
Thorn Run Partners Financial Services Report (4/13)
House and Senate Leaders, along with Treasury Secretary Mnuchin will continue to negotiate around the so-called Phase 3.5 bill this week, driven initially by a belief that the fund was going to be entirely spent soon. As of this past Saturday, the Small Business Administration reported that banks had approved 725,000 loans totaling over $182 […]
- December 16, 2019
Financial Services Report (12/16)
If all goes according to plan – and with this Congress that is far from certain – the House will pass its funding measures on Tuesday, impeach the President on Wednesday and then pass the USMCA on Thursday before heading home for a two week break. The Senate will pass the spending bill on Thursday […]
- November 18, 2019
Financial Services Report (11/18)
The current continuing resolution (CR) funding the government is set to expire on Thursday. While it is widely expected that Congress will once again extend the CR – most likely for another month, in order to give itself time to pass some of the spending bills – we all recognize that we live in unique […]
- November 4, 2019
Financial Services Report (11/4)
After passing the first "mini bus" last week, the Senate will return its focus to nominations, with a series of judges expected to consume the floor time this week. In the Committees, the Banking Committee will hold a hearing on housing, while a Judiciary Subcommittee will hold a hearing on data security as the legislative […]
- October 28, 2019
Financial Services Report (10/28)
The House of Representatives is set to take up a couple of bills under the Suspension Calendar this week – including the COUNTER Act, which was also included in the Beneficial Ownership Bill taken up last week (see more on that below) as well as a bill sponsored by McHenry and Waters on Crowdfunding. […]