More on Fiscal Responsibility
A federal legislative committee could soon determine the fate of several proposals to protect existing and future state marijuana laws, businesses and research.
On Wednesday, The U.S. House of Representatives Committee on Rules continued hearing testimony and considering amendments to the Department of the Interior, Environment and Related Agencies Appropriations Act 2018 (H.R. 3354), a spending bill set to go before Congress later this month.
WASHINGTON, D.C. –Months after the Export-Import Bank of the United States’ authority lapsed, the House of Representatives voted again to approve the reauthorization of the Export-Import Bank as an amendment to the 5-year, $300 billion highway bill. The bill now heads to the Senate where it is expected to pass.
Though nominally a transportation bill, this week's long-term highway trust fund extension touches on several issues near and potentially dear to the hearts of the financial services policy world. Though some, perhaps many, items offered as amendments may not find their way into the overarching bill, many could. Here's a look at what to watch for, beginning with Tuesday's 3 p.m.
The Export-Import Bank is one step closer to revival. The House voted overwhelmingly Tuesday afternoon (313-118) to reauthorize the bank's charter, which expired in late June.
Tuesday's vote follows a rarely used procedural move, called a "discharge petition," which freed the legislation from committee.