Legislative Activity President Trump’s FY 2018 budget This week brings the long-anticipated full details of President Trump’s FY 2018 budget, which is expected to be released on Tuesday. The Administration’s “skinny budget” released in March indicated the potential for large cuts to several agencies amounting to a $54 billion reduction in domestic spending. The budget … Continue Reading
Legislative Activity White House Sends Economic Report to Congress On February 19, the White House released the Economic Report of the President, together with the Annual Report of the Council of Economic Advisors. In the report, the Administration weighs the merits of various approaches to tax reform, including repealing the corporate income tax, cutting the … Continue Reading
Regulatory Activity EPA to Hold Public Hearings on Clean Power Plan This week, the Environmental Protection Agency (EPA) will hold public hearings in Washington D.C., Atlanta, Denver and Pittsburgh to receive comments on its proposed Clean Power Plan. EPA’s Clean Power Plan intends to reduce carbon emissions from existing power plants to 30 percent below … Continue Reading
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