Podcast: Private Fund Regulatory Update: Post-U.S. Government Shutdown
Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more
Chair of the House Oversight & Reform Economic and Consumer Policy Subcommittee Raja Krishnamoorthi (D-IL) sent a letter to Peter Navarro, Assistant to the President and Director of Trade and Manufacturing Policy, requesting...more
The Congressional Oversight Commission issued a statement on the Secondary Market Corporate Credit Facility (SMCCF), noting that the SMCCF “is still purchasing approximately $20 million worth of corporate bonds per day. The...more
In response to requests from House Select Subcommittee on the Coronavirus Crisis Chair James Clyburn (D-SC), four companies that collectively received $595 million in Payroll Support Program funds have committed to retain...more
The Democrats have taken control of the U.S. House of Representatives and have promised an aggressive agenda of investigations and oversight. Although their majority is slim, Democrats now chair committees, determine which...more
Following eight years of Republican majorities in Congress, Democrats took control of the House of Representatives in January 2019, thereby regaining the ability to control committee and subcommittee agendas, hold hearings...more
With a new Congress comes new oversight priorities. Private companies could find themselves under the legislative microscope after Democrats seized control of the House for the first time since the 2006 midterm elections. ...more
Shift in control of the House of Representatives dramatically alters the focus of oversight and investigations through 2020. Key Points: ..The Democratic majority in the House of Representatives will significantly...more
House Passes Resolution to Expand Congressional Subpoena Power and Demand Extraordinary Compliance from its Targets - Yesterday, the House passed a bill that could expand Congress’s investigative authority and...more