The Latest on the Government Shutdown

Looking Ahead Near Term The House and Senate are in Recess Next week Further Out A deal on the Reg Reform bill? The House is expected to consider the Congressional Review Act vote on the CFPB Guidance on fair lending in the auto industry the week of May 7th.

The Week in Review Both chambers were able to clear significant items off their to-do list before breaking for a brief recess this week. For the Senate, that work entailed confirming Mike Pompeo as Secretary of State, which was finalized on Thursday by a 57-42 margin. The former congressman and Central Intelligence Agency (CIA) Director […]

Looking Ahead Near Term The House will take up the Federal Aviation Administration (FAA) reauthorization bill this week.  While the bill has little to do with day to day financial services policy it is a “must-pass” bill and therefor has been on the short list of bills that could serve as a vehicle for Chairman […]

The House is out today, but both chambers will be in action this week. The Senate will reconvene this afternoon for a cloture vote on the nomination of Stuart Duncan to join the Fifth Circuit Court of Appeals.

The Week in Review The Senate saw a relatively busy week in floor action after passing a resolution to undo guidance from the Consumer Financial Protection Bureau (CFPB) and narrowly confirming President Trump’s nominee to lead the National Aeronautics and Space Administration (NASA). Meanwhile, the House approved a set of measures to guard against fraud […]

It’s setting up to be a quiet day on Capitol Hill after the House cleared their legislative decks yesterday and have left town for an extended weekend. In the upper chamber, Senate lawmakers only have one vote scheduled, a final up-or-down vote on the nomination of James Bridenstine to lead the National Aeronautics and Space […]

Our Take Much has been made over the past few weeks about the stock market’s volatility.   While the market seemed to spend much of 2017 in a straight upward trajectory, since January the major indices have been marked by tremendous swings in both directions, with some analysts attributing the instability to the ad hoc nature […]

Both chambers of Congress will be in session this week, although the House may break early with a scheduled three-day weekend starting on Friday. The lower chamber’s docket features three bills that will be considered pursuant to a rule, namely (1) a bill (H.R. 5192) that would provide fraud protection for vulnerable populations such as […]

The Week in Review An eventful week in Washington culminated with the news Friday night that British, French and U.S. forces struck Syria with more than 100 missiles, the first coordinated attack by Western countries against the government led by President Bashar al-Assad. The military action was in response to an alleged poison gas attack […]

The Week in Review Washington enjoyed a relatively quiet week as Congress was away on the second half of a two-week recess. Two more Members of Congress, one Republican and one Democrat, used the recess to announce plans to step down due to scandal. Rep. Blake Farenthold (R-TX) resigned immediately in the wake of the […]

The Week in Review With Congress on recess, news developments in Washington were limited to the White House. On Wednesday, President Trump announced via Twitter that he would be replacing Veterans’ Affairs (VA) Secretary David Shulkin with Ronnie Jackson, the White House’s presidential physician. Shulkin – an Obama appointee who was asked to stay on […]

Our Take While the adage about March is that it comes in like a lion and out like a lamb, for those covering financial services issues, it seems like the month came in like a hurricane and left like a man angry at an old rival.  In between, the Democratic Caucus frayed over the banking […]