congress (page 2)

  • Post

    Congress examines Federal Reserve on transparency

    The House Financial Services Oversight and Investigations Subcommittee held a hearing today to examine the lack of transparency and accountability at the Federal Reserve.  For each congressional committee meeting there are experts called into testify on the topic.  For this committee, two fellow SPN think tanks were represented, the American…
    Sarah Curry, July 14, 2015
  • Post

    Glass-Steagall lives again? What does that mean for NC banking industry…

    There are 66 different banks located within North Carolina’s borders.  Banking has become a large part of the economy in the state, and is a major industry in the Charlotte region.  Which is why North Carolina should be concerned about a piece of legislation introduced in Congress. Sens. Elizabeth…
    Sarah Curry, July 8, 2015
  • Post

    What’s going on in Washington…?

    Both the House and Senate convene today, with schedules including appropriations bills, education reauthorization, and cybersecurity. House Majority Leader Kevin McCarthy (R-CA) issued a release outlining a list of items the House is expected to consider in July, including extending authorities of the Highway Trust Fund and an energy…
    Sarah Curry, July 7, 2015
  • Post

    Federal budget update

    The US Senate and US House are both in recess this week for the July 4 holiday.  Last week, there were several pieces of budget legislation that were discussed in the House and Senate. The House Appropriations Committee approved the Labor-HHS-Education spending bill on a vote of 30 to…
    Sarah Curry, June 30, 2015
  • Post

    Federal financial regulations proposal loses steam

    The 2010 Dodd-Frank Act was a major piece of legislation that regulated the United States’ financial sector.  This session of Congress, Senator Shelby (R-AL) introduced a proposal to overhaul the regulations on the country’s financial sector.  Unfortunately, it seems this proposal has lost its steam and is no longer on…
    Sarah Curry, June 16, 2015
  • Post

    Short-term Transportation fix in the works

    There is a short-term transportation fix in the works in Washington.  The current surface transportation programs that are supported by the Highway Trust Fund are set to expire on May 31st, and it is more likely Congress will decide to pass a short-term fix rather than a long-term solution. House…
    Sarah Curry, May 6, 2015
  • Post

    The Federal 2016 budget update

    Last week the House approved a budget resolution and passed the first two spending bills. The Transportation-HUD spending measure was also approved by the subcommittee while the Legislative Branch spending measure passed the full House Appropriations Committee. By a vote of 226-197 the House adopted the FY2016 budget resolution (…
    Sarah Curry, May 5, 2015
  • Post

    What’s going on in Washington….

    This week in Washington, the Senate will continue to debate the Iran bill (S. 615). Majority Leader Mitch McConnell indicated the Iran bill will be considered under an open amendment process, which opens up the possibility of contentious changes being proposed. On Thursday the Senate is scheduled to attempt…
    Sarah Curry, April 29, 2015