To date, there seems to be little dialogue between the “big four” authorizers and appropriators and House and Senate leadership aimed at reaching consensus on defense priorities and the related topline spending levels. Ultimately, Washington must consider two choices: will it go its usual route where the Pentagon, Congress, and the White House negotiate over the politics of how much taxpayer money should be spent on this or that? Or will the federal government pursue a comprehensive evaluation and reconsideration of the nation’s defense strategy?
Read MoreHappy recess…. well at least until the House is back in session the week of August 23. With Senate activity on the bipartisan infrastructure bill and the budget resolution, it’s been a crazy week. Here’s the latest we are picking up on what we might expect for the rest of August on infrastructure, the budget resolution, and reconciliation, as well as other upcoming action on voting rights, appropriations, and the debt limit.
Read MoreOver the last decade, cryptocurrencies, blockchain applications, and related ventures have changed how we think about financial services. Cryptocurrency is extolled for its divisibility, portability, transparency, potential growth, and resistance to inflation. Conversely, cryptocurrency has its issues: namely regarding its use for illegal activity, exchange rate volatility, and its infrastructure volatility.
Read MoreIn the coming weeks, the Biden Administration is expected to complete a “top to bottom” review of U.S. economic and financial sanctions under the leadership of Deputy Treasury Secretary Wally Adeyemo. As this review takes place, here is our round-up of some of the U.S. sanctions targets capturing Congress and the Biden Administration’s attention as we enter the August recess.
Read MoreAt long last, it is finally infrastructure week! With the House already out of town for the August recess and the Senate working its way to the summer break, here’s the latest we are hearing on the Senate wrapping up debate on the bipartisan infrastructure bill, the budget resolution and reconciliation, Fiscal Year 2022 (FY22) appropriations, and the debt limit.
Read MoreIn the minds of some, the 2020 election is still not a settled deal, and yet we at Plurus are looking ahead to the 2022 midterm elections. With the entire House of Representatives and 34 Senate seats up for grabs, the future of President Biden’s agenda and what legislation can be passed during the second half of his term hangs in the balance.
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