Financial Services Report (4/19)

Looking Ahead Near Term All eyes will be on the Senate this week, as Leader McConnell attempts to thread the needle on Healthcare reform.   With only two votes to spare, there could be a lot of sausage to make before the end of the week.   The House will take up two bills endorsed by the […]

Our Take The horrific events of last week drew poignant remarks from leaders on both sides of the aisle, who along with others, not only condemned the violence but urged participants on all sides to tone down the vitriol of the current state of political discourse.   Unfortunately, like all too many parents know, when petulant […]

Our Take Questions continue to swirl around how Congress will be able to address the ever-advancing deadline to raise the debt ceiling.  Will they pass a clean extension as Secretary Mnuchin as indicated is his preference?  Or, will Freedom Caucus members and OMB Director Mulvaney be able to successfully extract concessions in the negotiations to […]

Our Take Monday, May 29th, in addition to being Memorial Day would have been the 100th Birthday of President John F. Kennedy.   As I was putting this week’s update together I may have scrolled through twitter a few times to procrastinate.   I came across the following – which I am assuming is true, because you […]

Looking Ahead Near Term Despite strong rumors last week, the Financial CHOICE Act will not be on the House floor this week.   Leadership was reportedly whipping the bill last week and it now appears that the legislation will be on the floor sometime in June. There are no hearings this week in the House Financial […]

Our Take That sound you heard emanating from our nation’s capital last week was the collective scream of the city’s establishment trying to deal with the President’s firing of FBI Director Comey and then subsequent responses from the White House.   Without commenting on the specifics of the situation, the impact on the future of legislation […]

Our Take The comedian Jerry Seinfeld has a bit about how our allegiances to our local sports teams is nothing more than rooting for laundry, and the same might be said for our politics as well.   This past week, President Donald Trump and the House Republican conference was able to cobble together a 217-213 win […]

Our Take For the past two years, there has been a definitive “theme” to Congress.  For example, two years ago the congressional agenda was primarily driven by the plethora of legislative deadlines that needed to be met.   Last year, of course, was the election.   Now, 102 days into the current Administration, it is becoming […]

Our Take If you believe that America’s greatness was built on the concept of incremental policy movements built on compromises – then you are likely troubled that as of late it seems like both sides of the political spectrum consistently retreat to their respective wings and therefore seem to perpetually advocate binary choices (i.e., you’re […]

Our Take From the ashes of the of the failure of the Obamacare repeal on Friday might still rise the Phoenix of President Trump.   It also clearly shows that Senator McConnell continues to be one of the shrewdest political minds in town.  

Looking Ahead Near Term It will be a busy week in the House and Senate – and that isn’t even including the House Floor vote on the health care bill, currently scheduled for Thursday. Look for a slew of nomination hearings in the Senate.  On Monday, the Senate Judiciary Committee will start the nomination hearing […]

Looking Ahead Near Term All eyes will be on the CBO this week as the non-partisan agency is expected to release its analysis of the House Republican’s health care proposal.   The White House is expected to release its FY18 Budget, possibly as soon as Wednesday.  Based on what has been shared to date, the budget […]