Washington Update for the Week Ending June 9, 2017

Comey, Comey, Comey. The collective attention of Washington this week was distracted by the leadup to the Comey hearings, the drama during the Comey hearings, and the aftermath of the Comey hearings. If you haven’t had enough of former FBI director James Comey, here’s more.

Infrastructure. This week was supposed to be “Infrastructure Week” according to the White House. President Trump announced plans to privatize the nation’s air traffic control systems, visited with governors and mayors to find ways to decrease the burden of federal regulations, and signed an executive order to streamline infrastructure permits and improve efficiency.

Financial Choice Act. The House of Representatives passed the Financial Choice Act, which repeals many of the burdensome regulations imposed by the Dodd-Frank Act. NCPA has been working on ideas to liberate capital and unleash the power of free markets for some time. Now that the Financial Choice Act is headed to a skeptical Senate, it looks like we have a lot more work to do.

Confirmations. The Senate confirmed two more individuals to serve in the Trump Administration: the general counsel of the CIA and the ambassador to New Zealand. At this rate, the Trump Administration should be up and running by the year 2020.

Obamacare repeal. The House-passed American Health Care Act cleared a procedural hurdle in the Senate this week. Senate Majority Leader Mitch McConnell said he hopes the Senate will consider the legislation before July 4.

Newest chairman. As Rep. Jason Chaffetz (R-UT) retires from Congress and heads over to Fox News, the newest chairman of the House Oversight and Government Reform Committee will be Rep. Trey Gowdy (R-SC).

Debt ceiling. As the looming debt limit approaches, the question is whether Congress will pass a clean debt ceiling increase with no strings attached, or will Congress demand budget and spending reforms to stop the madness.

Brian Williams is the NCPA’s Legislative Director.

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