Category Archives: Regulatory

Federal Reserve Maintains Oversight –

The Federal Reserve held onto political independence and banking oversight responsibilities in two separate amendment votes.  According to Bloomberg, one vote was 90-9 to void an amendment to strip some of the Federal Reserve’s oversight responsibilites.  To read a related … Continue reading

Posted in Administrative, Business, Regulatory | Leave a comment

Insurance Tax Break –

Bloomberg reports that parents who add children under 26 to their employer provided health insurance can get get a tax break.  It is reported that the regulations allow for a deduction for the cost of insurance if the premium is … Continue reading

Posted in Administrative, Regulatory, Tax | Leave a comment

Senate Approves Audit –

The Senate voted 96-0 and approved an amendment to the Financial Reform bill that provides for a one time audit of the emergency lending by the Federal Reserve.  The measure was submitted by Senator Sanders and allows for an audit of … Continue reading

Posted in Administrative, Business, Politics, Regulatory | Leave a comment

Financial Regs & Market Plunge –

Senate Democrat Christopher Dodd is one of the major supporters of the Finacial Reform legislation.  He is also one of the Senators pointing to the stock market drop as an example of the need for the legislation.  There have been reports … Continue reading

Posted in Administrative, Business, Dodd-Frank, Regulatory | Leave a comment

Climate Bill Next Week –

The climate bill is expected to be unveiled next week by Senators Kerry and Lieberman.  Republican Senator Graham is not expected to support the bill and he has been the lone Republican working on the measure.  Without some support from … Continue reading

Posted in Administrative, Environment, Regulatory | Leave a comment

Financial Bill Moves Forward –

The Senate voted by unanimous consent to move the Financial measure forward and to the debate floor.  The third attempt to move the measure failed earlier in the day by a 56-42 vote.  The final bill could be voted on … Continue reading

Posted in Administrative, Business, Election, Politics, Regulatory | Leave a comment

Here We Go Again –

Democratic Senator Harry Reid called for a secong vote to move the Financial Reform bill forward in the Senate.  The measure fell short again today by the same 3 votes as yesterday.  More votes on the measure are expected this … Continue reading

Posted in Administrative, Business, Election, Politics, Regulatory | Leave a comment

Senate Blocks Financial Bill –

The Senate blocked a measure to move the Financial Reform bill forward by a vote of 57-41.  The measure needed 60 votes to pass and came up shy by three votes.  Republican efforts to continue negotiations were successful but a bill is still … Continue reading

Posted in Administrative, Business, Dodd-Frank, Election, Politics, Regulatory | Leave a comment

Health Law Penalty

The Washington Times reports that 3 million Americans may be required to pay a penalty because of the new healthcare law.  Other sources indicate that the number is actually higher than 3 million.  The Congressional Budget office analysis estimates that … Continue reading

Posted in Administrative, Election, Healthcare, Politics, Regulatory, Tax | Leave a comment

Financial Reform Procedural Vote –

Senator Reid filed a procedural motion this afternoon which sets up a vote to proceed to the Financial Legislation on Monday.  The vote will take place Monday night at 5:15 p.m. and if approved will move the legislation to the … Continue reading

Posted in Administrative, Business, Dodd-Frank, Election, Politics, Regulatory | Leave a comment

Financial Bill To Pass –

Republican leadership is indicating that there is a strong chance of a bipartisan financial bill in the next few weeks.  Republican Senator Richard Shelby has stated that the two parties are conceptually together on 85% of the bill.  The $50 … Continue reading

Posted in Administrative, Business, Dodd-Frank, Regulatory | Leave a comment

SEC Self-Funding –

Senator Schumer is calling for the SEC to be a self funded regulatory body.  The SEC would be funded through fees that it would collect.  This is one more item up for debate regarding the financial bill. To read a … Continue reading

Posted in Administrative, Business, Regulatory | Leave a comment

SEC Scrutiny of ETFs –

Leveraged Exchange-Traded Funds are coming ubder closer scrutiny of the SEC.  The Commodities Futures Trading Commission (CFTC) have also indicated that they may put stricter limits on position which could effect large ETFs. To read the Wall Street Journal article, … Continue reading

Posted in Business, Regulatory | Leave a comment

Senate Parliamentarian –

Despite the importance of the Senate Parliamentarian position it is not widely known by the public.  This important position came into the spotlight due to recent rulings regarding the healthcare bill and reconciliation.  In a recent article, Roll Call covered the … Continue reading

Posted in Administrative, Regulatory | Leave a comment

CQ Energy & Climate –

The Congressional Quarterly-Roll Call Group launched the CQ Energy & Climate newsletter.  This service provides coverage of energy and environmental issues facing the government.  Bill tracking is one feature of the service that should prove to be invaluable.  Schedule information … Continue reading

Posted in Administrative, Energy, Environment, Politics, Regulatory | Leave a comment