This Week In Washington…
- The Senate rejected a motion that would have allowed action on a six-year highway bill crafted by Senate Majority Leader Mitch McConnell (R-Ky.) and Sen. Barbara Boxer (D-Calif.). The vote was 41-56, far short of the 60 votes needed. Looking Ahead: The vote delayed consideration of the measure, but its sponsors vowed to keep pushing.
- Ohio Gov. John Kasich joined the race for the GOP nomination for president, bringing the Republican field to a sweet 16. Looking Ahead: Virginia Gov. Jim Gilmore has said he is going to run, but has not yet made it official. Gilmore would make the field the largest ever.
- Five years after passage of the sweeping financial reform bill that bears his name, former Massachusetts Democratic Congressman Barney Frank says the Dodd-Frank Act is working, despite critics on both sides of the aisle. Among them are his successor as chairman of the House Financial Services Committee, Jeb Henserling of Texas, who radically disagrees and Sen. Elizabeth Warren (D-Mass.) who is not a fan either. Looking Ahead: Hearings on banking reform are expected to continue before the Financial Services
- A bipartisan push for criminal justice reform is gaining momentum backed by the White House and unlikely allies in the Republican-controlled Congress. Looking Ahead: Criminal justice reform could be a sleeper issue in the presidential election.
- Bob Menendez (D-N.J.) is pushing back against corruption charges filed by the Justice Department, arguing much of his conduct is shielded from prosecutors under the Constitution while he also alleges false testimony from an FBI agent. Looking Ahead: The motions are expected to delay the start of the New Jersey Democrat’s trial.
The Law: Proposed Rulemakings
- The Federal Trade Commission is announcing its final action in connection with the review of a set of warranty-related Rules and Guides: The Interpretations of the Magnuson-Moss Warranty Act; the Rule Governing Disclosure of Written Consumer Product Warranty Terms and Conditions; the Rule Governing Pre-Sale Availability of Written Warranty Terms; the Rule Governing Informal Dispute Settlement Procedures; and the Guides for the Advertising of Warranties and Guarantees.
- The Department of Housing and Urban Developments is seeking approval from the Office of Management and Budget to collect information to rate applications, to determine eligibility for the Parents’ Fair Share Demonstration and to establish grant amounts.
- The Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the Farm Credit Administration, and the National Credit Union Administration are amending their regulations regarding loans in areas having special flood hazards.
Resources: A quick and easy way to get info fast:
- For more on federal government rulemaking, visit the Federal Register
- Want to follow the 2016 presidential sweepstakes? All the polling data you’ll need is a click away.
- Get the latest from the declared presidential candidates from their campaign websites: Democrats Hillary Clinton, Martin O’Malley, Bernie Sanders and Jim Webb; and Republicans Ted Cruz, Rand Paul, Marco Rubio, Mike Huckabee, Carly Fiorina, Ben Carson, Rick Santorum, George Pataki, Rick Perry, Lindsey Graham, Jeb Bush, Donald Trump, Bobby Jindal, Chris Christie, Scott Walker and John Kasich.
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