Removing Barriers Blog

The Week Ahead in Washington - September 10, 2018
Posted September 09, 2018 by CUNA Advocacy

Congress returns for a truncated work week.  Although not public yet, we expect the House Ways and Means Committee to release the text of “Tax Reform 2.0” this week and hold a markup on Thursday.  We don’t expect credit unions to be affected directly by the new legislation. 

This week, the House of Representatives will consider H.R. 3798, the Save American Workers Act of 2017.  This bill repeals the “business mandate” and certain other provisions of the Affordable Care Act of 2009.  The House may also consider the conference report to H.R. 5895, the Energy and Water, Legislative Branch, and Military Construction and Veterans Affairs Appropriations Act of 2019. 

The Senate will resume consideration of Charles P. Rettig to be Commissioner of the IRS.  The Senate may also consider a bill “to ensure that health insurance issuers and group health plans do not prohibit pharmacy providers from providing certain information to enrollees” (S. 2554) as well as a bill to provide for opioid use disorder prevention, recovery, and treatment (H.R. 6). 

IN COMMITTEE 

Wednesday 

The Senate Banking, Housing and Urban Affairs Committee will hold a full committee hearing: "Countering Russia: Assessing New Tools." 

Thursday 

The Senate Banking, Housing and Urban Affairs Committee will hold a full committee hearing: "Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act." 

The Committee will hear testimony from: 

  • Joseph M. Otting, Comptroller, Office of the Comptroller of the Currency; 

  • Randal K. Quarles, Vice Chairman For Supervision, Board of Governors of the Federal Reserve System; 

  • Jelena McWilliams, Chairman, Federal Deposit Insurance Corporation; and 

  • J. Mark McWatters, Chairman, National Credit Union Administration 

The House Ways and Means Committee is expected to markup “Tax Cuts 2.0”.