All Congress News
Top stories summarized by our editors

Trump's infrastructure proposals could soon be headed to Congress

2/20/2017

Senate Majority Leader Mitch McConnell said the Trump administration could soon offer recommendations for an infrastructure bill, which would need to be written by several legislative committees. Trump's original plan relied primarily on private investment to fund $1 trillion worth of infrastructure projects, but it's unclear what form the recommendations will take.

DeVos letter addresses current state of ESSA

2/20/2017

US Secretary of Education Betsy DeVos in a letter to state school chiefs said the department still will accept consolidated state plans regarding the Every Student Succeeds Act on April 3 or Sept. 18. The letter also addresses existing regulatory delay and review, and the potential repeal of recent regulations by Congress.

Regional banks seek Dodd-Frank exemptions

2/20/2017

Regional banks, which have been subject to many of the same regulations as large banks despite lower risks in mortgage lending, are hoping the Trump administration's proposed rollback of Dodd-Frank Act rules will correct what they consider an imbalanced financial system. A coalition of 18 regional bankers, including the CEO of Citizens Financial Group, is calling on Congress to exempt regional banks from certain elements of the law.

Congressman says efforts continue to finish Yucca Mountain repository

2/17/2017

Rep. John Shimkus, R-Ill., said Congress is continuing to work toward allowing the permanent storage of used nuclear fuel at Yucca Mountain in Nevada. Shimkus made the statement while touring Southern California Edison's San Onofre Nuclear Generating Station with Rep. Darrell Issa, R-Calif., who recently wrote legislation that would allow the federal government to create a temporary used nuclear fuel storage site.

CBA's Hunt: Court decision on CFPB creates uncertainty

2/17/2017

A federal appeals court has agreed to review the leadership structure of the Consumer Financial Protection Bureau, which a three-judge panel had deemed unconstitutional. "The court's decision only creates further uncertainty regarding the constitutionality of the CFPB," CBA President and CEO Richard Hunt said. "Congress and the administration must move immediately to address this concern on behalf of consumers."

Bill to oppose FDA's deeming rule on tobacco products proposed in Congress

2/17/2017

Bipartisan legislation has been introduced in the House by Rep. Tom Cole, R-Okla., and Rep. Sanford Bishop, D-Ga., seeking to alter the FDA's deeming rule that requires companies selling tobacco products that launched after Feb. 15, 2007, to undergo the premarket tobacco application process. The legislation aims to keep safer tobacco options in the market to help people seeking to quit or limit smoking, and if adopted, could prevent thousands of small- to medium-sized e-cigarette companies from closing.

Library of Congress takes down misspelled poster

2/17/2017

Twitter users criticized the Library of Congress for featuring a poster of President Donald Trump that included a typo. The poster, which read, "No dream is too big, no challenge is to great," has been removed from the online store.

Texas lawmakers aim to dismantle CFPB

2/17/2017

House Financial Services Committee Chairman Jeb Hensarling, R-Texas, declared his intention to dismantle the Consumer Financial Protection Bureau after two fellow Texas Republicans, Sen. Ted Cruz and Rep. John Ratcliffe, introduced a bill this week to close the agency. Hensarling described the CFPB as a "rogue agency" and said Congress "would be derelict in our duty if we didn't do something about it."

Debate continues over bank-based student loans

2/16/2017

As Congress considers whether to allow private banks back into the federal student loan system as part of the renewal of the Higher Education Act, new research on the issue is warning against such a move. Critics say the private loan industry is less regulated and warn that reinstating private banks into the program might lead to higher student debt.

Medical device tax repeal would promote innovation, job creation

2/16/2017

Congress should make the permanent repeal of the medical device tax its "next logical step" to preserve the US' research and technological leadership, as well as the growth opportunities that the suspension of the tax has provided medtech companies, write Scott Whitaker, president and CEO of AdvaMed, and Lisa Johnson, CEO of BioForward. "This tax, if it isn't stopped again, would inhibit life-changing innovations while weakening job creation and economic growth," they write.