Legislative Activity House Passes Derivatives Bills Last Wednesday, June 12, the House passed several bills related to certain derivatives and swaps regulation provisions under the Dodd-Frank Act. Included among the bills was H.R. 1256, a controversial proposal that would direct the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) to adopt a … Continue Reading
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
Legislative Activity Student Loan Interest Rates As the Senate continues consideration of the Farm Bill, there may be discussion on an amendment (S.A. 976) that would extend the 3.4 percent fixed student loan interest rate for two years, although consideration of this issue will likely take place separate from the Farm Bill. This week, the … Continue Reading