Insights: Policy

Housing Supply/Investment Restrictions

As we’ve noted, House leaders have been preparing to pass a modified version of the Senate’s ROAD to Housing Act, which seeks to increase housing supply. There is strong bipartisan concern in the House, as well as across industry and among housing advocates about the Senate bill’s restrictions on institutional investment in single-family rentals...

Gas Tax Holiday, Highway/Transit Funding

This morning, President Trump endorsed the idea of providing a holiday from the 18.4 cent-per-gallon federal gas tax. Doing so would require an act of Congress. A number of populist Republicans announced they would be introducing legislation, while key Republicans, including Senate Majority Leader Thune (R-SD), Senate Finance Committee Chair...

Medicare Advantage (Auto-Enrollment)

CMS Deputy Administrator Brooks said CMS has no immediate plans to automatically enroll Medicare beneficiaries into Medicare Advantage (MA) plans or accountable care organizations (ACOs), but left open the possibility that default enrollment could be a longer-term Medicare policy direction.

Drug Pricing (Most-Favored-Nation)

The White House Council of Economic Advisers released a report providing new details as to the administration’s voluntary Most-Favored-Nation (MFN) drug-pricing deals with 17 major pharmaceutical manufacturers. To date, the White House has only revealed high-level details as to how the deals will be operationalized and their impact.

Tech / Media / Telecom

AI Model Regulation

The Trump administration, via the NIST’s Center for AI Standards & Innovation (CAISI), announced voluntary agreements with Google, Microsoft, and xAI to conduct cybersecurity/national security evaluations of their frontier AI models, expanding earlier arrangements with OpenAI and Anthropic struck in 2024 under the Biden...

China – Trump/Xi Summit

President Trump will meet Chinese President Xi in Beijing on 5/14 to discuss the implementation of the bilateral trade truce. Trump administration officials are signaling that the meeting will yield modest results such Chinese purchases of U.S. goods, as opposed to a more sweeping agreement. Trump administration officials have indicated that...