While the President of the United States (US), Joe Biden, appears to be willing to increase rhetoric against the President of the Russian Federation (Russia), other Western allies are less willing to join in increasing tension with Russia on this front. By Sunday, the US Secretary of State appeared to downplay President Biden’s Friday remarks … Continue Reading
In the latest indication of the Biden administration’s “whole of government” approach to climate change, the US Securities and Exchange Commission (SEC) on Monday proposed a rule that will require publicly traded companies to disclose the risks from climate change that are reasonably likely to have material impacts on their businesses or financial condition. In … Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 10:15 a.m. ET – THE PRESIDENT receives the President’s Daily Brief Tomorrow, the President will travel to Belgium; he will travel to Poland on Friday.… Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 10:00 a.m. EDT – The President and The Vice President receive the President’s Daily Brief | Oval Office… Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. 2:00 p.m. EST – The President and The First Lady present the National Thanksgiving Turkey | Rose Garden… Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. 2:30 p.m. EDT – THE PRESIDENT and THE FIRST LADY depart Washington, D.C., en route to Cleveland, OH 3:40 … Continue Reading
Pressure is mounting on Republican and Democratic negotiators in the US Capitol to reach an agreement on a COVID-19 response package that can pass both chambers of a divided Congress and be signed into law by President Donald Trump in the coming days. But evidence persists that the March 27 enactment of the massive CARES … Continue Reading
Bipartisan talks in Washington continue with the aim of producing a significant COVID-19 response and economic “stimulus” measure that can be signed into law by President Donald Trump this summer. Republicans and Democrats remain far apart in the negotiations, according to sources on both sides of the talks. But discussions continue as pressure mounts on … Continue Reading
The enhanced unemployment benefits created by the March 27 CARES Act are set to expire in eight days. The US Congress will need more time than that to determine a path to passage of the next major bipartisan pandemic response legislation – assuming Republicans and Democrats in Washington are able to eventually reach agreement on … Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. Saturday & Sunday, July 18-19, 2020 THE PRESIDENT has no public events scheduled. VPOTUS’ Schedule* Saturday & Sunday, July … Continue Reading
This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* *The US President (POTUS) and Vice President’s (VPOTUS) daily schedules are subject to change. 2:15 p.m. EDT – THE PRESIDENT participates in a roundtable with Hispanic Leaders | Cabinet Room 3:00 p.m. EDT … Continue Reading
Congress is facing renewed pressure to provide hundreds of billions of dollars in “stimulus” money to states, territories, counties and municipalities and to allow such entities the option of using the money to offset revenue lost as a result of the COVID-19 pandemic. The Democratic-controlled US House of Representatives has begun floor consideration of a … Continue Reading
President Donald Trump and congressional Republicans are being pressured by anti-establishment organizations to provide no further federal spending in response to the coronavirus. But the president and his team appear poised to move in the opposite direction, having recently revealed plans to put forth a US$1 trillion national infrastructure spending blueprint in the coming days … Continue Reading
A high-stakes summer is underway in America, where President Donald Trump and the nation’s governors are pushing forward with plans for reopening the nation’s economy even as many nervously eye health indicators that suggest the coronavirus may not be satisfactorily contained. In a vivid illustration of this tension, the Republican National Committee announced Thursday that … Continue Reading
The United States has experienced a sharp increase in the number of new reported cases of coronavirus over the past week, but Beltway media coverage and the policy debate in Washington this week are largely centered on the potential for action in both chambers of the US Congress on police reform legislation. Republicans, emboldened by … Continue Reading
The stay-at-home order in the nation’s capital has been lifted, while the debate continues in the United States Congress about the scope, timing and focus of the next major bipartisan federal COVID-19 response legislation. Stymied in their efforts to force quick congressional approval of another massive package, Washington Democrats are keeping busy by passing targeted … Continue Reading
Legislative Activity House Set to Choose Path for CHOICE Act as Senate Holds Hearing on Community Banking This week, the House is set to vote on H.R. 10, the Financial CHOICE Act of 2017 (CHOICE Act). After a contentious markup in the House Financial Services Committee last month, the bill was favorably voted out of … Continue Reading
Legislative Activity House Financial Services Committee to Hold Markup of CHOICE Act on Tuesday After much anticipation, House Financial Services Committee Jeb Hensarling (R-TX) introduced the Financial CHOICE Act of 2017 (CHOICE Act) last week following a contentious hearing on the bill. Unsurprisingly, the hearing revealed partisan differences over the effectiveness of the Dodd-Frank Wall … Continue Reading
Legislative Activity Senate Banking, House Financial Services Committees Set Sights on Financial Services Regulatory Reform With the first 100 days of the Trump Administration largely behind them, financial services lawmakers are beginning to move forward with their review of and efforts to reform the financial services sector. During the Senate Banking Committee’s hearing last week, Chairman … Continue Reading
Legislative Activity Lawmakers Moving Forward with Financial Services Reforms House Financial Services Chairman Jeb Hensarling (R-TX) has indicated that he plans to reintroduce his replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) – the CHOICE Act – but in various bills to give at least some provisions a greater likelihood of being enacted. Chairman … Continue Reading
Legislative Activity Senate Committees to Consider Labor, SEC Nominations This Week; House Has Full Slate of Hearings After Examining Flood Insurance and the Fed Last Week This week, two Senate committees will consider the nominations of President Trump’s picks to lead the Department of Labor (DOL) and the Securities and Exchange Commission (SEC). On Wednesday, … Continue Reading
Legislative Activity President Trump Orders Review of Financial Regulations Last Friday, February 3, President Trump issued an Executive Order related to financial services regulatory reform (generally) and an Executive Memorandum specifically targeting the Department of Labor’s (DOL) Fiduciary Rule. The Executive Order on Core Principles for Regulating the United States Financial System directs the Secretary … Continue Reading
Legislative Activity New Year, New Look for Senate Banking and House Financial Services Committees With the new Congress officially under way, both the Senate Banking and House Financial Services Committees have announced new Committee members. Joining Chairman Mike Crapo (R-ID) on the Senate Banking Committee are fellow Republican Senators David Perdue (R-GA), Thom Tillis (R-NC), … Continue Reading
Legislative Activity Is Dodd-Frank on the Chopping Block Next Congress? With President-Elect Donald Trump in the White House and Republicans in control of both the House and Senate, we believe there is a real possibility for a significant overhaul of financial services regulation in the 115th Congress – especially if future Chairman of the Senate … Continue Reading
