Legislative Activity House Lawmakers to Mark-Up FSOC-Related Bills On Tuesday, November 3, the House Financial Services Committee will hold a mark-up of various bills, including legislation targeting the Financial Stability Oversight Council (FSOC). Specifically, lawmakers will consider legislation to: (1) bring the FSOC within the normal appropriations process; (2) make Council meetings more open and … Continue Reading
Legislative Activity House to Vote on Dodd-Frank Reforms As noted last Friday, the House failed to pass an 11-bill package (H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act) under suspension of the rules, which would amend various provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). This … Continue Reading
Tax Legislative Activity Senate Finance Chairman Announces Drafts to be in Legislative Language Senate Finance Committee Chairman Max Baucus (D-MT) announced last week that tax reform discussion drafts to be released in the coming weeks will be written in legislative language. This suggests that the drafts will be detailed, allowing for a full public preview … Continue Reading
