12/13/2018

HOUSE OF REPS/LEGISLATION/REGULATIONS/TRUMP AS PRESIDENT: “One of the House’s major bipartisan achievements this year — a sweeping financial deregulation package negotiated by Democrat Maxine Waters and Republican Jeb Hensarling — may be doomed. As Congress prepares to leave town in the coming days, Democrats are opposing efforts to attach the legislation to a year-end government funding bill. GOP Senate leadership hasn’t scheduled a stand-alone vote, which some expect would fail. The stalemate comes as disagreements have cropped up among lawmakers and the Trump administration over a number of provisions in the bill, which the House passed on a 406-4 vote in July. Hensarling is willing to negotiate, but that may not be enough…Inaction on the bill would be a particular blow to Hensarling, who is retiring at the end of this Congress and wanted this last victory. The Texas Republican stunned Washington this summer when he unveiled an agreement with Waters, a California Democrat with whom he has often clashed, on a package of bills intended to ease financial regulations and protect investors.”

Zachary Warmbrodt, “Hensarling, Waters bill stalls amid dispute with Trump administration,” Politico, December 13, 2018 7:10 am