The Hardwood Federation produces a “D.C. Cheat Sheet” newsletter to keep the industry up-to-date on the latest news from Washington D.C. Check out the January 22nd edition below and sign up to receive your copy.
Administration Turns Attention to Housing: President Trump signed an Executive Order (EO) earlier this week that would discourage large institutional investors from purchasing single family homes that would otherwise be bought by individuals or families. We understand that a follow-up EO is in the works that would attempt to address housing supply and affordability and should come out any day now.
Clean Air Regulatory Reform: On Wednesday, the House Energy and Commerce Committee to mark up about a dozen clean air bills that would largely provide relief to the regulated community. One bill, H.R. 6409, would preclude emissions emanating outside the U.S. from counting toward compliance with National Ambient Air Quality Standards. Another (H.R. 4218) would change the NAAQS compliance review cycle from 5 to 10 years. One of the other bills under consideration (H.R. 161) would change the definition of “modification” under the Clean Air Act’s New Source Review provisions so that a change at a facility would only trigger New Source Review if that modification results in increased emissions. All of the bills under consideration were moved out of committee and the next stop is the House floor.
Still No Court Decision on Tariffs: Although widely anticipated, the Supreme Court has still not issued a decisions on President Trump’s sweeping tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The next possible “decision day” is not until the end of February.
Source: Hardwood Federation