On Aug. 9, 2023, the Biden administration issued a long-anticipated Executive Order restricting equity, venture capital, and joint venture investments in China. The Executive Order on Addressing United States Investments in Certain National Security Technologies and Products in Countries of
On July 25, 2023, the Senate voted 91 to 6 to approve the Outbound Investment Transparency Act as an amendment to the National Defense Authorization Act. The legislation was proposed by Sens. John Cornyn (R-TX) and Bob Casey (D-PA). It
With Congress at the halfway point in its 2023 session it is a good time to review major initiatives that may pass before the end of the year. Here is a quick checklist of significant policy areas that will receive
On Jan. 26, 2023, the Environmental Protection Agency (EPA) solicited public input to inform two new Inflation Reduction Act (IRA) programs creating standards and labeling for construction materials that have “substantially lower levels of embodied greenhouse gas emissions.” Section 60112
The split party control in the U.S. Senate and House of Representatives will require bipartisanship to produce successful legislation over the next two years. While negotiations surrounding high-profile issues like increasing the debt limit and passing individual appropriations bills will
While the ballots cast in the 2022 Midterm Election are still being counted, it appears that Republicans will assume a slim majority in the House and there will be a similarly narrow split in Senate, well short of the 60-vote
As Congress returns to session next week following the midterm elections, it will attempt to pass an enormous amount of pending legislation with only four to six weeks of session remaining. Here is a list of “must pass” measures, significant
House Stablecoin Legislation
In late July the House Financial Services Committee made tentative plans to consider legislation to regulate stablecoins and require the Federal Reserve to study development of a central bank digital currency. A draft proposal reportedly had the
This GT Alert outlines how the Inflation Reduction Act, which the House passed Aug. 12 and now heads to the president’s desk, would apply to the renewable energy industry.
When Congress returns this week, it will have a lengthy agenda waiting. The U.S. House of Representatives is only scheduled to be in session for six more weeks prior to the election, and the U.S. Senate for eight weeks before