Tag Archives: Business

DOE Sells $5M Barrels of Oil From the Stragic Petroleum Reserve & BOEM Generates $872M in Revenue form Guld Lease Sales

Legislative Activity House Energy Committee to Consider LNG Export Legislation On Tuesday, March 25, the House Energy and Committee will hold a hearing to review H.R.6, the “Domestic Prosperity and Global Freedom Act.” H.R.6 was introduced by Rep. Cory Gardner (R-CO), and would force the Department of Energy to expeditiously approve pending applications to export … Continue Reading

Congress Examines A Series of Regulatory Reports

Legislative Activity Congress Examines A Series of Regulatory Reports Last week, the Senate Committee on Banking, Housing, and Urban Affairs held a hearing to explore the annual report and oversight of the Department of Treasury’s Office of Financial Research (OFR) and the House Financial Services Committee probed Consumer Financial Protection Bureau (CFPB) Director Richard Cordray … Continue Reading

Sen. Markey Calls On FTC To Investigate Online Tracking Across Devices

Legislative Activity New COPPA Bill Expected Soon Sen. Ed Markey (D-MA), a longtime privacy advocate, and Rep. Joe Barton (R-TX), the chair of the Congressional Privacy Caucus, are expected to introduce a bill in the near future that would expand protections under the Children’s Online Privacy Protection Act (COPPA) to teenagers age 13-16. Currently, COPPA only … Continue Reading

White House Reportedly Working On Online Privacy Bill

Legislative Activity White House Reportedly Working On Online Privacy Bill The Obama administration is reportedly drafting legislation aimed at bolstering online privacy safeguards for consumers. According to trade press reports, the administration’s bill is expected to build on the Consumer Privacy Bill of Rights, released by the White House last year. The bill will reportedly … Continue Reading

Security Clearances Under Review; Russia Delivers Missiles to Syria; Security in Afghanistan Transitioned to Afghan Secuirty Forces; WOSB Interim Rule Set

Legislative Branch Activity National Defense Authorization Act (NDAA) The Senate Armed Services Committee filed its bill, S. 1197, on Thursday, June 20. Chairman Carl Levin (D-MI) and Ranking Member James Inhofe (R-OK) would like to bring the bill to the Senate floor in July, but that remains uncertain at this time. Defense Appropriations Last week, … Continue Reading

Ways and Means Holds Hearing on Tax Havens, Base Erosion, and Profit Sharing

Legislative Activity Senate Tax Writing Committee Continues Meetings on Reform The Senate Finance Committee has continued its series of closed-door committee meetings on tax reform, recently issuing an options paper addressing charitable and tax-exempt organizations. The most recent paper is available here. The Committee’s paper on charitable and tax-exempt organizations was the ninth topic covered … Continue Reading

Funding Options for Reauthorization; Lautenberg’s Vacancy; Transit Tax Benefit

Legislative Activity Funding Options for Reauthorization Sen. Barbara Boxer (D-CA), Chairman of the Senate Environment and Public Works Committee, said last week that she plans to reveal potential funding options for the Highway Trust Fund soon. Sen. Boxer supports maintaining a user-fee system for surface transportation programs saying to the Transportation Construction Coalition last Tuesday, … Continue Reading

Congress’ Continued Review of IRS Developments

Legislative Activity Tax Writing Committee Meetings Continue The Senate Finance Committee has continued their series of closed-door Committee meetings on tax reform, recently issuing their latest Option Paper last Thursday, June 6 – this one on Types of Income and Business Entities. The closed-door meetings have facilitated discussion among Senators in an attempt to find … Continue Reading

eRx Deadline; Action Plan to Prevent Health Care-Associated Infections

Legislative Activity This Week’s Hearings: Tuesday, June 11: The Senate Homeland Security and Government Affairs Committee will hold a hearing titled “Reducing Duplication and Improving Outcomes in Federal Information Technology.” Wednesday, June 12: The Senate Indian Affairs Committee will hold a confirmation hearing on the nomination of Yvette Roubideaux to be the Health and Human … Continue Reading
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