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Category Archives: Legislation

COVID Money Tracker

Committee for a Responsible Federal Budget – “The novel coronavirus (COVID) pandemic and resulting economic crisis has been met with an unprecedented policy response. Through legislative, administrative, and Federal Reserve actions, policymakers are currently working to pour trillions of dollars into the economy. COVID Money Tracker is a new initiative of the Committee for a Responsible Federal Budget… Continue Reading

Trump escalates war on Twitter, social media protections

AP: “President Donald Trump escalated his war on social media companies Thursday, signing an executive order challenging the liability protections that have served as a bedrock for unfettered speech on the internet. Still, the move appears to be more about politics than substance, as the president aims to rally supporters after he lashed out at… Continue Reading

Inspector General Vacancy Tracker

POGO – Where Are All the Watchdogs? “Offices of Inspectors General (OIG) serve as independent watchdogs within federal agencies and are essential to a well-functioning federal government. They conduct audits and investigations that identify wasteful government practices, fraud by individuals and government contractors, and other sorts of government misconduct, even including torture. Congress and the public… Continue Reading

COVID-19: Resources for Tracking Federal Spending and Federal Awards

COVID-19: Resources for Tracking Federal Spending May 27, 2020: “Congress has responded to the Coronavirus Disease 2019 (COVID-19) pandemic with various legislation providing relief to individuals and families, state and local governments, businesses, healthcare providers, and other entities. This CRS Insight provides information on selected sources for tracking COVID-19 relief funding provided through these bills.… Continue Reading

Even with a vaccine coronavirus may never go away

Washington Post – “There’s a good chance the coronavirus will never go away. Even after a vaccine is discovered and deployed, the coronavirus will likely remain for decades to come, circulating among the world’s population. Experts call such diseases endemic — stubbornly resisting efforts to stamp them out. Think measles, HIV, chickenpox. It is a… Continue Reading

HEROES Act: Selected Federal Reserve Provisions / Selected Consumer Loan Provisions

CRS reports via LC: HEROES Act (H.R. 6800): Selected Federal Reserve Provisions, May 26, 2020: On May 15, 2020, the House passed the HEROES Act (H.R. 6800), a wide-ranging Coronavirus Disease 2019 (COVID-19) relief bill. This Insight discusses selected provisions related to the Federal Reserve (Fed). Background – In response to COVID-19, the Fed has… Continue Reading

Guide to Federal Reserve Main Street Loan Facilities and Primary Market Corporate Credit Facility

Bracewell LLP: “This guide describes the key provisions of the Main Street Loan Facilities and the Primary Market Corporate Credit Facility (collectively, the “Facilities”) that were recently introduced and expanded by the Federal Reserve and U.S. Treasury, and provides considerations about the programs for borrowers, lenders and other interested parties. Part I provides an Executive… Continue Reading

What’s the Difference? Comparing U.S. and Chinese Trade Data

CRS report via LC: What’s the Difference?—Comparing U.S. and Chinese Trade Data, May 20, 2020 – “The size of the U.S. bilateral trade deficit with the People’s Republic of China (China) has been and continues to be an important issue in bilateral trade relations. President Trump and some Members of Congress view the deficit as… Continue Reading

Presidential Removal of IGs Under the Inspector General Act

CRS via LC – Presidential Removal of IGs Under the Inspector General Act May 22, 2020: “President Trump has recently removed or replaced a number of acting and permanent Inspectors General (IGs), including the Intelligence Community IG, the State Department IG, and acting IGs at the Department of Transportation and Department of Defense. These actions… Continue Reading

2020 State of Small Business Report

Facebook and Business Roundtable: Small and medium-sized businesses in the United States are being hit hard by the COVID-19 crisis.As part of our ongoing data collection effort with the World Bank and the OECD on the Future of Business, Facebook conducted a survey, in partnership with Small Business Roundtable, of approximately 86,000 people who owned,… Continue Reading

U.S. House approves remote voting, though the tech is unclear

TechCrunch: “Congress will allow remote voting for the first time in its history, after the U.S. House approved Resolution 965 late Friday in response to the coronavirus pandemic. The measure — sponsored by Massachusetts Representative Jim McGovern — authorizes proxy voting by members for renewable periods of 45 days and allows for remote participation in… Continue Reading

Inside Trump’s coronavirus meltdown

The Financial Times – Free to Read – What went wrong in the president’s first real crisis — and what does it mean for the US?: “When the history is written of how America handled the global era’s first real pandemic, March 6 will leap out of the timeline. That was the day Donald Trump… Continue Reading