The Congressional Effect is the usually negative impact on the stock market that occurs when Congress considers legislation that may change the business model for a sector or even an individual company. Investors need to adjust their valuations to account for potential changes in business models. As...
This essay looks at congressional interpretation of the constitutionality of proposed bankruptcy legislation. Its focus is on the politics of bankruptcy court design and the implications of this political brand of constitutional interpretation for Congress's response, first, to Northern Pipeline and, ...
the U.S. credit rating was downgraded from AA+ to AAA for the first time in history by Standard & Poor's, just days after the Obama administration reached a deal with Congressional Republicans. The credit agency said the downgrade reflected its view that the "effectiveness, stability, and pr...
and congressional offices have grown pessimistic about the path forward. Notably, congressional action is not necessarily required here. President Joe Biden is reportedly considering a package of executive actions on the 301 tariffs that would potentially...
congressional inquiry are generally not subject to common law protections or codified in statute. Rather, the power is implemented through the rules of the House and Senate, which include the power to compel the production of documents and testimony. More often, congressional inquiries take place...
The legislation notably leaves out enhanced border security measures, after congressional Republicans last week rejected a bipartisan border agreement negotiated in the Senate that former President Donald Trump opposed. But House Republican leaders have nonetheless fiercely criticized the foreign aid bill for...
An accepted procedure for crafting and approving the federal budget has taken shape on this basis. However, the specific roles of the executive and Congress were not entirely clarified until the Congressional Budget and Impoundment Control Act of 1974.7 The President Sends a Budget to Congress The ...
The Biden Administration has changed the use of Section 301. The Trump Administration's use of Section 301 has been the subject of congressional and broader international debate. In 2021, the Biden Administration took a number of steps to eliminate certain foreign practices and policies that were ...
President Trump and Congressional Republicans: Uncertain Teamwork in the 115th Congress To what extent have Republicans in Congress unified to work with President Trump, and what are the prospects for unity going forward? These questions are not as straightforward as they may seem given that the Pr...
Congressional Democrats have targeted anonymous political donors and special interest lawsuits. Understanding Dark Money Transparency has become a standard for many organizations and endeavors affecting the public, including funding elections for public office. Both federal and state governments have enacted re...