Legislative Activity Immigration Amendments Threaten Annual Defense Authorization Bill This week, the House of Representatives will debate the FY 2016 National Defense Authorization Act (NDAA) (H.R. 1735), Congress’s annual measure authorizing defense programs. During its consideration of the bill last week, the House Armed Services Committee approved two amendments that would ask the Defense Secretary … Continue Reading
Legislative Activity House and Senate Nearing Budget Conference Agreement House Majority Leader Kevin McCarthy (R-CA) included possible consideration of the budget conference report on this week’s House schedule, and Senate Budget Committee Chairman Michael Enzi (R-WY) said he is optimistic the House and Senate budget conferees can come to an agreement this week, noting he … Continue Reading
Legislative Activity House and Senate Budget Resolutions Heading to the Floor for Debate The House and Senate Budget Committees have reported their respective budget resolutions out of committee, and the House and Senate will bring those resolutions to the floor this week. Both committees have seen defense hawks and fiscal conservatives at odds over the … Continue Reading
Legislative Activity House and Senate Committees to Mark Up Budget Resolutions; How Will Congress Deal with the Sequester? The House and Senate Budget Committees will hold markup hearings this week on their respective Budget Resolutions. The House Committee will mark up its resolution on Wednesday, while the Senate Committee will hold markup hearings on both … Continue Reading
Legislative Activity Lawmakers May Extend TRIA and Consider Insurance Capital Standards in the Lame Duck As Congress returns to Washington, lawmakers may focus on a few agenda items beyond appropriations legislation. Particularly, Congress may look at reauthorizing the Terrorism Risk Insurance Act (TRIA), at least through a short-term extension. Earlier this year, the House Financial … Continue Reading
Legislative Activity House Financial Services Committee Members Announce Bill on Housing Finance Reform House Financial Services Committee Chairman Jeb Hensarling (R-TX) and Committee Members Scott Garrett (R-NJ), Randy Neugebauer (R-TX), and Shelley Moore Capito (R-WV) announced their plans to introduce the “Protecting American Taxpayers and Homeowners Act” or PATH Act to reform housing finance. Highlights … Continue Reading
Legislative Activity Student Loan Interest Rates Last week, the Senate held votes on two competing measures to address federally subsidized student loan interest rates, which expire July 1. Both measures failed to garner the 60 votes needed for passage, setting up likely bipartisan negotiations this and next week to work on a compromise bill before … Continue Reading