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U.S. Treasury Congressional Committees

Ropes & Gray LLP

House Passes Tax Package with Several Carved-Back Provisions Relevant to Tax-Exempt Organizations

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On May 22, 2025 the House of Representatives passed its version of the “One Big Beautiful Bill Act” (the “BBB”). As described in our prior Alert, the proposed package includes several key provisions of particular importance...more

McDermott+

Healthcare Preview for the Week of: April 28, 2025

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After a two-week recess, lawmakers are back on Capitol Hill to begin marking up their budget reconciliation legislation. The budget resolution that passed in early April instructs committees to spend or save a certain amount....more

BakerHostetler

The Weekly Hill Update - February 2025 #2

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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....more

Fenwick & West LLP

Senators Introduce Joint Resolution on Revoking DeFi Broker Reporting Regulations

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On January 21, 2025, Senator Ted Cruz (R-TX), writing for himself and Senators Cynthia Lummis (R-WY), Bill Hagerty (R-TN), Thomas Tillis (R-NC), Tim Sheehy (R-MT), and Ted Budd (R-NC), introduced a joint resolution to the...more

McDermott+

McDermottPlus Check-Up: October 6, 2023

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THIS WEEK’S DOSE - Uncharted Territory in the House: The House voted to remove Rep. McCarthy (R-CA) as Speaker of the House, then recessed until at least October 11, when the House is slated to reconvene to elect a new...more

Paul Hastings LLP

Daily Financial Regulation Update -- Thursday, July 14, 2022

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July 13, 2022- Michael Barr, President Biden's nominee for Governor and Vice Chair for Supervision at the Board of Governors of the Federal Reserve System, was confirmed by the U.S. Senate....more

WilmerHale

DC District Court Underscores the Breadth of Congressional Investigative Authority in New Opinion

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Last week, in a decision that has a number of important implications for businesses that may find themselves facing a congressional investigation, the US District Court for the District of Columbia dismissed former President...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - December 2020

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The Congressional Oversight Commission released its seventh report, which focuses on the Treasury and the Department of Defense’s $700 million loan to YRC Worldwide, Inc. The report is highly critical of the loan, noting that...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - November 2020 #2

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As lawmakers debate whether to extend the Federal Reserve’s emergency loan programs, Congressional Oversight Commissioners are divided on the issue. The New York Times reported that Commissioner Senator Pat Toomey (R-PA) is...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - November 2020

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..Congressional Oversight Commissioner Rep. Donna Shalala (D-FL) lost her bid for reelection. Commissioner Rep. French Hill (R-AR) was reelected. ..The Congressional Oversight Commission released its sixth report, which...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - September 2020

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The House Select Subcommittee on the Coronavirus Crisis held a hybrid hearing with Treasury Secretary Steven Mnuchin regarding the Trump Administration’s response to the current economic crisis. Secretary Mnuchin urged...more

Goodwin

Agent Fee Suits and PPP Loans: Clarity Could Be Coming

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During a House Financial Services Committee (HFSC) oversight hearing on June 30, 2020, Treasury Secretary Steven Mnuchin hinted that clarification may be coming on whether agents helping small businesses apply for Paycheck...more

WilmerHale

Weekly COVID-19 Oversight & Enforcement Report - July 2020 #2

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Treasury and the SBA disclosed the identities of a portion of PPP loan recipients. The Washington Post has created a searchable database of the recipients. Politico reports that the revelation that wealthy businesses and...more

McDermott Will & Emery

Weekly IRS Roundup February 10 – 14, 2020

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Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 10 – 14, 2020. February 10, 2020: The IRS issued a revenue ruling providing guidance...more

Brownstein Hyatt Farber Schreck

Congress Eyes Modernization of Bank Secrecy Act and Beneficial Ownership Disclosures

A significant and much needed update to the United States’ anti-money laundering (AML) laws is one of the few remaining legislative efforts that may get across the finish line during this election year. Members of both...more

Akin Gump Strauss Hauer & Feld LLP

Trump Administration: 2017 Recap and 2018 Outlook

On January 20, 2017, businessman Donald J. Trump was sworn in as the 45th President of the United States following a contentious and unconventional 2016 presidential election. Republicans also successfully maintained control...more

Akin Gump Strauss Hauer & Feld LLP

What’s New in Washington - November 2017

Congress continues its heavy workload with the Thanksgiving recess roughly three weeks away. On October 26, the House passed the Senate’s Fiscal Year 2018 budget resolution by the slim margin of 216-212—opening the door for...more

Mintz - ML Strategies

Health Care Update - November 2015

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Ways & Means Leadership Changes – Health Policy Implications Looming: As Congress pushes forward with a two-year budget deal, and new Speaker Paul Ryan begins his tenure as the top Republican in the House of...more

Mintz - ML Strategies

Energy & Environment Update - October 2015

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Energy and Climate Debate - With Congress avoiding a government shutdown by passing a continuing resolution last week, both the House and Senate are in session this week with full schedules, including several energy and...more

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