The Agencies

SEC Nominations (Oct. 20)

Mike & Co. — Wheels are in motion on almost every major front right now in Congress, with Paul Ryan announcing tonight that he is a to serve as a unity candidate for Speaker, if all the major caucuses of the House Republican conference endorse him.  He is giving the conference until this Friday to decide whether it is …

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TPP/Currency Manipulation (Oct. 15)

Mike & Co. — Little action to report this recess week on the Hill but there was a signal “district work period” development.  Speaker Boehner’s chief of staff told a Ripon Society meeting that Congress was unlikely to move on the massive trade package until a late 2016 lame-duck session.  The policy director for Senate Majority …

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Ex-Im Update (Oct.  9)

Mike & Co. —  After another week of surprises and certainty — or “chaos” — surrounding the future of the House GOP leadership, right before members left for a week’s recess, came a major unexpected boost for Ex-Im reauthorization today.  Good long weekends all,  Dana ———- Ex-Im Update — a Tree Grows in Brooklyn You …

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The Fiduciary Rule (Oct. 1)

Mike and Co., Welcome to FY 2016.  The deficit for this year is expected to be about 70 percent lower than it was in FY 2009. The week saw a CR approved with major leadership consequences but nothing resolved on the policy front. It also saw House Financial Services Committee Democrats split on a bill to …

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The Fiduciary Rule (Sep. 9)

A look today at one of the most vexing and vied over Dodd-Frank rulemakings — actually two of them — the new Fiduciary Rules on the standard of care owed by brokers to customers, years in the making at the SEC and DOL but likely to see final agency action this fall. Dana ———- Status …

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Ex-Im (July 7)

Hi Mike — I’d thought about sketching out the debt crisis in Puerto Rico and the policy options and prospects for relief or restructuring, but HRC “preempted” that, speaking to the issue earlier today and advocating access to Chapter 9 bankruptcy for the Commonwealth.  If you want this issue tracked at all, I can come back …

Ex-Im (July 7) Read More »

Senate Banking Nominations (Mar. 10)

Senate Banking has the ignominious distinction of being the only Senate committee to have not acted on a single nominee before it in the 114th Congress.  There are currently 16 nominations waiting for Committee action.  These aren’t small time positions — the logjam includes nominees to the Fed’s Board of Governors and senior Treasury, SEC, FDIC, and Ex-Im posts. For months, Chairman Shelby …

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