Legislative Activity Senate Confirms Three CFTC Commissioners, House To Take Up CFTC Reauthorization Bill On June 3, the Senate confirmed Timothy Massad as Chairman and Sharon Bowen and J. Christopher Giancarlo as Commissioners at the Commodity Futures Trading Commission (CFTC). Chairman Massad was sworn in to his new office on June 5. It is expected … Continue Reading
Legislative Activity Senate Finance Committee Outlines Path Forward on Tax Reform On June 5, Senate Finance Committee Chairman Ron Wyden (D-OR) and Ranking Member Orrin Hatch (R-UT) announced the Committee’s next steps with regard to comprehensive tax reform. As part of its efforts, the Committee will hold three hearings during June and July focused on: … Continue Reading
Legislative Activity Senate Banking Committee to Hold Markup of GSE Reform Bill and Vote on Nominations On Tuesday, April 29, the Senate Banking Committee is scheduled to hold a markup of the legislation to reform the government-sponsored enterprises (GSEs), released by Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo in March and based on … Continue Reading
Legislative Activity House to Vote on Flood Insurance Bill After delaying plans for a vote last week, Majority Leader Eric Cantor (R-VA) is expected to hold a vote on the amended Homeowner Flood Insurance Affordability Act (H.R. 3370) on Wednesday, March 5, under suspension of the rules. Among some of the changes, the latest draft … Continue Reading
LEGISLATIVE ACTIVITY Farm Bill Conference This Wednesday, October 30, marks the official start to the farm bill conference, which will be a public meeting involving the 41 House and Senate conferees. For months, agriculture leadership and their staff have met behind the scenes on an informal basis to start conversations on reconciling the two farm … Continue Reading
Legislative Activity Syria Military Force Authorization A small but growing group of lawmakers are supporting the authorization of military force in Syria by arguing that a strike could keep the Assad regime’s chemical weapons supply out of the hands of terrorist groups such as al Qaeda. House Majority Leader Eric Cantor (R-VA) stated last Tuesday, … Continue Reading
The public debate over SNAP cuts and other reforms has continued in anticipation of Congress’ return after the Labor Day weekend. This week, the Center on Budget and Policy Priorities (CBPP) released a study strongly criticizing the House Nutrition Title Working Group’s proposal to cut $40 billion from SNAP over a ten-year period. The report … Continue Reading
Legislative Activity House Farm Bill. Last Thursday, June 20, the House failed to pass its version of the Farm Bill by a vote of 195 to 234. Overall, 171 Republicans voted for the measure and 62 opposed the measure due to concerns that there was still too much spending on farm subsidies and the Supplemental … Continue Reading