Public Policies

"On December 29, 2022, Congress enacted the Consolidated Appropriations Act, 2023, attaching House Report 117-3932. In the House Report, the Committee on Appropriations expressed concerns about [...]

"The hearing also marked, in LXR’s opinion, the nadir of Congress’s relationship with the Commission in the modern era and, likely, an inflection point in the new House GOP majority’s treatment [...]

"In what we view as the most important and consequential exchange of the day, Gary Gensler badly mishandled opening questions from the HFSC Chair about whether the cryptocurrency Ether is a [...]

"Tuesday’s hearing was certainly a sign that SBC Chair Sherrod Brown (D-OH) is intent on enacting crypto legislation. In his opening statement, the senator made clear that he has a vision for [...]

A capital markets package is evolving rapidly in the House. We understand this package is likely to be the based on the September 2022 GOP Capital Formation Principles document, but that [...]

"In a very unusual step, on the first day of the hearings, before the CEOs had even begun their testimony, Rep. Ed Perlmutter (D-CO) used his prerogative as a subcommittee chair to deliver an [...]

Today, U.S. Senators Kirsten Gillibrand (D-NY), member of the Senate Agriculture Committee, and Cynthia Lummis (R-WY), member of the Senate Banking Committee, introduced the Responsible Financial [...]

Coalition Letter to SEC Chair Re RIA Forced Arbitration – May 17 2022

WASHINGTON, D.C. (March 15, 2022) — A broad coalition of leading worker, consumer and investor advocates has urged the Department of Labor (DOL) to expeditiously update and strengthen the rules [...]