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EIW Today - March 11th, 2024

Prism Group's Daily Summary



NLRB’s JOINT-EMPLOYER RULE VACATED BY US DISTRICT JUDGE... On Friday, a U.S. District Judge of the Eastern District of Texas vacated the NLRB’s recent rule determining the standard for joint-employer status. In January, the House passed a Congressional Review Act (CRA) Resolution to block the rule, however, President Biden has threatened to veto the Resolution should it pass in the Senate.  

 

APPEAL EXPECTED IN CTA LEGAL BATTLE... With the ink barely dry on a federal court decision deeming the Corporate Transparency Act unconstitutional, many anticipate an appeal to the 11th Circuit Court in the offing. That assessment is due in part to the fact that FinCEN – the agency tasked with administering the new reporting regime – put out a notice stating it is complying with the narrow ruling but will otherwise continue enforcing the statute, a sign that the government has no plans to unilaterally pause the new reporting requirements 

 

U.S. TRADE REPRESENTATIVE SEEKS COMMENT ON SUPPLY CHAIN RESILIENCE... A week after the publication of President Biden’s updated trade agenda, the Office of the United States Trade Representative (USTR) released a notice requesting stakeholder input on supply chain resiliency. The comments submitted by stakeholders will be used to guide the USTR and Biden Administration as they seek to make sector-specific trade policy. Overarching goals of the new trade agenda include diversifying sourcing, buttressing domestic manufacturing, and strengthening labor and environmental protections. Comments are due by Monday, April 22nd.  


THE STATE OF THE STATES 


SESSIONS BY THE NUMBERS: 


Thirty-five state legislatures are in regular session.

 

WHAT WE'RE WATCHING: 


A comprehensive package of nine bills to improve the Colorado workforce education system is being unveiled by state legislators in response to skilled worker shortages. The legislation focuses on expanding apprenticeship programs, improving workforce training grants, and ensuring education aligns with in-demand job skills, all supported by both state and federal funding. 

 

Wisconsin’s Governor’s Task Force on Workforce and Artificial Intelligences is developing an advisory plan for AI workplace integration with a human-centered approach. The task force hopes to instate worker protections and economic security by assessing AI’s impact on the workforce and markets. 

 

LAWMAKERS... IN OR OUT? 


The House... convenes today at 12:00 PM ET. The full schedule may be found here. 

The Senate... convenes today at 3:00 PM ET. The full schedule may be found here. 


HAPPENING ON THE HILL 


The House...  

Committee on Small Business will hold a hearing TOMORROW, 3/12 at 10:00 AM on “Navigating Regulations: Alternative Pathways to Investing in Small Businesses.” 

Committee on Education and the Workforce will hold a hearing TOMORROW, 3/12 at 10:15 AM on “Safeguarding Student Athletes from NLRB Misclassification.” 

Committee on Financial Services will hold a hearing Wednesday, 3/13 at 9:00 AM on “Bureaucratic Overreach or Consumer Protection? Examining the CFPB’s Latest Action to Restrict Competition in Payments.” 

Committee on the Judiciary will hold a hearing TOMORROW, 3/12 at 10:00 AM on the report of Special Counsel Robert K. Hur. 

Committee on Small Business will hold a hearing TOMORROW, 3/12 at 10:00 AM on "Navigating Regulations: Alternative Pathways to Investing in Small Businesses.” 

Committee on Small Business will hold a hearing next Wednesday, 3/20 at 10:00 AM on "Conducting Oversight: Testimony from the Small Business Administrator.” 

 

The Senate...  

Committee on Finance will hold a hearing TOMORROW, 3/12 at 10:00 AM on “American Made: Growing U.S. Manufacturing Through the Tax Code.” 

Committee on Finance will hold a hearing Thursday, 3/14 at 10:00 AM on “The President’s Fiscal Year 2025 Health and Human Services Budget.” 

Committee on Banking, Housing, and Urban Affairs will hold a hearing TOMORROW, 3/12 at 10:00 AM on “Examining Proposals to Address Housing Affordability, Availability, and Other Community Needs.” 

Committee on the Judiciary will hold a hearing TOMORROW, 3/12 at 10:00 AM on “The Right Side of History: Protecting Voting Rights in America.” 

Committee on the Budget will hold a hearing TOMORROW, 3/12 at 10:15 AM on "The President’s Fiscal Year 2025 Budget Proposal.” 

Committee on Health, Education, Labor, and Pensions will hold a hearing TOMORROW, 3/12 at 2:00 PM on “Youth Apprenticeships: Building Partnerships, Strengthening Career Pathways.” 

 

BILLS OF INTEREST 


  • Rep. Nydia Velazquez (D-NY-7) introduced a bill to amend the Higher Education Act of 1965 to provide loan deferment and loan cancellation for certain founders and employees of small business start-ups, to amend the Small Business Act to establish a young entrepreneurs business center. 

  • Rep. Lori Trahan (D-MA-3) introduced a bill to address the worsening long-term care workforce crisis and increase access to and affordability of long-term care. 

  • Rep. Jake LaTurner (R-KS-2) introduced a bill to amend title XVIII of the Social Security Act to expand the eligibility for designation as a rural emergency hospital under the Medicare program. 


AT THE AGENCIES 


The US Department of Labor 

Check back tomorrow for possible updates. 

 

The US Department of the Treasury 

The US Department of the Treasury issued a press release entitled “Secretary of the Treasury Janet L. Yellen on the Inter-American Development Bank Group Annual Meetings and IDB Invest Capital Increase.” 

  

The US Department of Commerce 

The US Department of Commerce announced that the U.S. economy added over 275,000 jobs in February, exceeding expectations. 

 

The US Trade Representative  

The Office of the US Trade Representative published a joint statement from the United States and Colombia. 

 

The US Small Business Administration 

The US Small Business Administration published a statement by SBA Administrator Guzman on President Biden’s State of the Union address. 

 

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