Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session.
HEADLINES
With former President Donald Trump effectively wrapping up the Republican nomination with wins this month in Iowa and New Hampshire, the race for the White House is largely set – locking in the next 10 months as a bruising partisan contest.
BakerHostetler’s Federal Policy team has you covered in a BakerHosts podcast with the latest
Congressional leaders finalized the 2024 legislative calendar, and once again we’re pleased to share with you the 2024 BakerHostetler Congressional Calendar. Click here to download your ready-to-print, one-page combination House and Senate calendar for 2024. Suitable for hanging on your wall all year long!
The Federal Policy team’s Kevin Edgar co-authored an analysis of the U.S. Treasury’s recent report on how bad actors are increasingly exploiting decentralized finance services for criminal activities. Kevin and members of BakerHostetler’s Digital Assets and Data Management Group explain Treasury’s key findings – and why DeFi users should be careful.
Read the full alert.
According to the SEC’s complaint, Kraken offered and sold its staking[1] services to the general public in which participants could transfer crypto assets to Kraken in exchange for “advertised annual investment returns of as much as 21%” (the Kraken Staking Program). The SEC alleges that this Kraken Staking Program enabled Kraken to achieve a competitive
Two congressional committees of the U.S. House of Representatives commenced the new year by announcing the creation of new subcommittees for the 118th Congress that are expected to analyze issues concerning cryptocurrency and digital assets. The creation of these subcommittees signals the potential for legislative action in the wake of jurisdictional uncertainty regarding federal agency
Part I of this three-part methane update discussed the state of substantive methane regulation in the United States and touched on the Inflation Reduction Act’s (“IRA” or “the Act”) addition of Section 136 to the Clean Air Act. This Part II covers Section 136’s first-ever federal “charge on methane emissions[.]” Part III will cover currently
Congressional leaders finalized the 2023 legislative calendar, and once again we’re pleased to share with you the 2023 BakerHostetler Congressional Calendar. Click here to download your ready-to-print, one-page combination House and Senate calendar for 2023. Suitable for hanging on your wall all year long!
The Federal Policy team’s Kevin Edgar co-authored a report on the Treasury Department’s new enforcement and penalty guidelines for the Committee on Foreign Investment in the United States. Those guidelines reinforce recent CFIUS statements about the need for penalties to ensure compliance with statutory and regulatory requirements and strongly suggests CFIUS is likely to
On Sept. 16, 2022, the White House released a Fact Sheet providing key findings and action items arising from the nine reports addressing digital assets that have been submitted to the president to date consistent with the EO. The Fact Sheet provides a list of various directives and initiatives that the Administration plans to take