Continuing Resolution

News & Analysis as of

Washington, D.C. Update – October 2016

In a rush to leave Washington and head home to campaign for reelection, members of Congress passed a continuing resolution (CR) avoiding a shutdown and extending federal government operations through December 9. In an effort...more

Continuing Resolution Extends Government Operation Through December 9

Just 36 hours before the end of fiscal year 2016 (FY16), Congress passed and the President signed H.R. 5325, a continuing resolution (CR) extending the existing FY16 appropriations through December 9. The bill, which passed...more

EB-5 Regional Center program extended until December 9, 2016 by Continuing Resolution

Déjà vu all over again? Last Thursday, President Obama signed the Continuing Resolution, or CR, passed by Congress for the principal purpose of avoiding the shutdown of the Federal government by continuing to fund...more

EB-5 Will Likely Be Extended as Part of Continuing Resolution Through December 9, 2016

On September 23, 2016, a draft of the Continuing Resolution (CR) began circulating in Washington, DC. The CR, which Congress will likely pass early next week, will keep the federal government running through the November...more

Continuing Resolution filed in US Senate includes temporary reauthorization of EB-5 Regional Center Program

A draft of a Continuing Resolution (“CR”) was filed yesterday by Senate Majority Leader Mitch McConnell which would fund all current US government operations through December 9, 2016. Because last year’s Omnibus...more

Washington, D.C. Update – April 2016

FY17 Appropriations - The House and Senate Appropriations Committees continue to move forward on individual FY17 spending measures based on discretionary spending levels enshrined in last fall's bipartisan budget deal....more

UK Financial Regulatory Developments - March 2016 #15

EBA revises list of ITS validation rules under the CRR - EBA has published a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting under the CRR. The revised list...more

EB-5 Regional Center Program Update: As Deadline for Expiration Approaches, Congressional Action Likely

Now just days away from the December 11th expiration of a short-term Continuing Resolution (CR) that has been funding federal activities since the start of the current fiscal year on October 1st, Congress is feverishly...more

EB-5 Legislative Update

Earlier this year, bipartisan legislation was introduced that would permanently authorize the EB-5 Immigrant Investor Pilot Program. Rather than pass the legislation, the U.S. House of Representatives passed a Continuing...more

Energy & Environment Update - October 2015 #2

Energy and Climate Debate - Congress is in recess this week for the Columbus Day holiday, but will return next week with full schedules in both chambers. The House will focus heavily on the leadership race to...more

Washington Healthcare Update

On Oct. 8, the House Republican caucus did not select a candidate for Speaker of the House and selection has been delayed. The current Speaker, John Boehner (R-OH), had announced that he would step down and retire from...more

Washington, D.C. Update – October 2015

House Leadership Elections: Republican House leadership changes remain in flux in the wake of Speaker John Boehner's (R-OH) decision to retire and the unexpected delay of the vote to select his successor. House Majority...more

Energy & Environment Update - October 2015

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

Now to End of 2015 – What to Expect?

Funding Crisis Averted & New Leadership in the House: A week ago no one could have predicted that the biggest story in Washington this week would not be the last minute avoidance of a government shutdown by passage of a...more

Congress Extends EB-5 Regional Center Program

On September 30, Congress passed a Continuing Resolution that includes a temporary extension of the EB-5 Regional Center Program (the “Program”) which was due to sunset on September 30 absent reauthorization. This extension...more

EB-5 Regional Center Program to Get Short-Term Reprieve with Passage of Continuing Resolution

Coinciding with the end of the current fiscal year, the EB-5 regional center program is set to expire on September 30, 2015 but will get a temporary reprieve with expected final passage of a Continuing Resolution (CR) that...more

Energy & Environment Update - September 2015 #3

Energy and Climate Debate - Congressional activities are abbreviated this week, with the observance of Yom Kippur and Pope Francis’ visit to the United States. Pope Francis will address a joint session of Congress...more

NC Legislative Update for September 2015 #2

This Week - The sole focus for both chambers this week was the budget. Last weekend, budget writers from the two chambers remained in Raleigh over the Labor Day weekend to continue negotiations. Significant progress was...more

Energy & Environment Update - September 2015 #2

Energy and Climate Debate: We are half way through a busy September, and Congress will focus much of the rest of the month on a continuing resolution. Energy and climate issues will garner some attention in committee...more

Washington Update - Government Shutdown and Debt Ceiling: A Primer

Even before Congress returned to work this week, House and Senate Republican leadership warned their caucuses about the political consequences of shutting the government down when this fiscal year ends on September 30. In...more

Summer is (Almost) Over & Congress is Back!

While summer isn’t officially over until September 22, for most here in the nation’s capital the vacations are nearly completed and it is back to work as Congress returns from the long August recess and Labor Day...more

NC Legislative Update for August 2015 #4

This Week - Lawmakers passed the third Continuing Resolution (CR) of the session, House Bill 18. The temporary spending measure will keep government functioning until September 18th, while budget negotiators attempt to...more

NC Legislative Update for July 2015 #4

This Week - It has been two weeks since conferees were appointed and the status of the State’s biennial budget remains uncertain. While some informal negotiations have occurred, there has been no indication that...more

NC Legislative Update for July 2015

This Week - After some disagreement at the end of last week, lawmakers agreed Tuesday on Senate Bill 534, which is the Continuing Resolution (CR). The CR will keep State government functioning for forty-five more days...more

Bank Resolution in Greece

The result of Sunday’s (5 July 2015) referendum which rejected the latest proposed bailout by the European authorities was unequivocal. The next steps in this crisis are far less clear, ranging from a swift renegotiation of...more

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