Legislative Activity Senate Judiciary Committee to Hold Hearing on EB-5 Target Employment Areas **NOTE: The Senate Judiciary Committee has since postponed this hearing. We will update this post to reflect the new date/time once confirmed.** This week, the Senate Judiciary Committee will hold its second hearing of the year examining the EB-5 Regional Center Program. … Continue Reading
Legislative Activity Senate Panel to Consider Changes to Investment Visa Program This week, the Senate Judiciary Committee will hold a hearing to consider changes to the EB-5 Regional Center Program. This program is designed to bolster the U.S. economy by incentivizing investment by foreign individuals. So-called “regional centers” pool EB-5 funds for investment in projects. In … Continue Reading
Legislative Activity Congress Set to Finalize Major Cybersecurity Information-Sharing Legislation Before adjourning for the holidays, lawmakers could move on compromise cybersecurity legislation after weeks of informal negotiations to secure final language. The measure is expected to merge three separate bills aimed at increasing information sharing between the government and businesses. Ongoing debate over several privacy … Continue Reading
Legislative Activity Congress Returns to Potential Showdown over Refugee Resettlement, Debate of Changes to Visa Waiver Program Congress returns to Washington this week, but the brewing battle over plans to resettle Syrian refugees threatens to complicate the few days remaining before the end of the legislative session. Just before the Thanksgiving break, the House passed legislation … Continue Reading
Legislative Activity Speaker Boehner’s Resignation May Lead to Quick Passage of a Short-Term FY 2016 Continuing Resolution Friday’s announcement by House Speaker John Boehner (R-OH) that he would resign from Congress at the end of October will likely lead to the enactment of a “clean” FY 2016 Continuing Resolution (CR) that will fund the government through … Continue Reading
Legislative Activity Lawmakers Consider Dept. of Labor Proposed Fiduciary Rule Last week, the House Education and the Workforce Committee held its first hearing on the Department of Labor’s recently released Fiduciary Rule, which seeks to establish a new legal standard for brokers and require them to offer investors retirement advice that is in the investors’ best … Continue Reading
Legislative Activity Higher Education Act Outlook On June 9, the National Journal hosted an event commemorating the 50th anniversary of the Higher Education Act (HEA). Senator Lamar Alexander (R-TN), Chairman of the Senate Health, Education, Labor and Pensions (HELP) Committee, spoke during the event, providing reflection on the progress made and the remaining work to be … Continue Reading
Legislative Activity DHS FY 2016 Appropriations Continues Debate Over Immigration and U.S. Secret Service Challenges FY 2016 funding for the Department of Homeland Security (DHS) could restart debate on Capitol Hill regarding the President’s executive actions on immigration, the very same fight that almost derailed FY 2015 funding for the agency earlier this year. While … Continue Reading
Legislative Activity Immigration Reform Unlikely to Move in Foreseeable Future After weeks of back and forth, the House and Senate successfully passed legislation funding the U.S. Department of Homeland Security through the end of the fiscal year. The final bill did not include controversial provisions blocking implementation of the President’s recent executive actions on immigration. … Continue Reading
Legislative Activity Previewing the President’s FY 2016 Budget The Administration will release the President’s FY 2016 budget later today, Monday, February 2. Federal agencies will host briefings to outline the President’s priorities and provide background on the proposed budget numbers. Congressional budget committees will then kick-off a series of hearings on these proposals starting Tuesday, … Continue Reading