The latest from Clark Rector, EVP of Gov’t Affairs
On July 27, House Speaker Paul Ryan, R-Wisconsin, Senate Majority Leader Mitch McConnell, R-Kentucky, Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, Senate Finance Committee Chairman Orrin Hatch, R-Utah, and House Ways and Means Committee Chairman Kevin Brady, R-Texas, released a joint statement on tax reform.
House Energy and Commerce Committee Chairman Greg Walden, R-Oregon has announced a September 7 Committee hearing on Ground Rules for the Internet Ecosystem. Invitations to testify have been sent to the CEOs of leading tech companies, including Facebook, Alphabet, Amazon, and Netflix and broadband providers including Comcast, Verizon, AT&T, and Charter Communications.
The House draft legislation making appropriations for financial services and general government includes language to permanently defund the Interagency Working Group and its proposed nutrition principles for foods marketed to children. The Federal Trade Commission, the lead agency in the IWG, abandoned the effort to enforce the principles many years ago. Previous appropriations have denied funding on a year by year basis. If it passes, the new language would make the denial permanent.