Insights: Policy

Russian Diesel Imports Deal

President Trump on 10/9 announced a deal for Russia to supply 300,000 metric tons of diesel to the U.S. immediately and 500,000 tons in November to lower U.S. prices. Trump later declared an energy ceasefire between Russia and Ukraine in which both countries would cease strikes on the others’ energy infrastructure. Treasury issued a General...

Energy, Infrastructure

Permitting Reform

Since the Bipartisan American Affordability and Jobs Act (BAAJA) (i.e., the Senate’s permitting reform bill) was introduced at the end of September, the reaction from most lawmakers and stakeholders that have publicly weighed in have been supportive or cautiously positive, with a relatively limited number outright opposed. However, the Trump...

Drug Pricing (Medicare/MFN/GLOBE)

The Pharmaceutical Research & Manufacturers of America (PhRMA) filed a lawsuit in federal court challenging CMS’s recently finalized GLOBE drug pricing model, arguing that the agency exceeded its statutory authority.

Balance Billing

House Energy & Commerce (E&C) Ranking Member Pallone (D-NJ) introduced the “Lower Premiums, Faster Payments Act,” which would overhaul the No Surprises Act (NSA) framework for reimbursing out-of-network healthcare providers.

Financials, Healthcare

Capital Formation/Private Funds

Senate Banking Committee Chair Scott (R-SC) has indicated that he is planning committee consideration of capital formation legislation in December. It has also been reported that he has been coordinating on potential legislation with Ranking Member Warren (D-MA).

Financials, Housing

Credit Reporting (FHFA/Bi-merge)

FHFA is reportedly considering directing the GSEs to adopt a so-called "bi-merge" requirement for credit reports (i.e., requiring lenders to pull credit data from two credit bureaus) to replace the current tri-merge approach (i.e., requiring a pull from all three). FHFA Director Pulte could reportedly announce this during an appearance at a...