Congressional Overview

In This Issue:

Congressional Overview 

On Jan. 28, President Obama delivered his fifth State of the Union speech, which outlined his agenda and warned that he will use the full range of his executive authority if Congress does not act.  On energy, the President focused on the Climate Action Plan released in June 2013 and an "all-of-the-above" energy strategy.  

Meanwhile, Congress passed legislation to extend federal borrowing authority through March 2015, removing the threat of a default until after the November midterm elections. Both the House and Senate votes were won with a majority of support from Democrats.

Also in February, pro-oil-and-gas Democrat Sen. Mary Landrieu (D-LA) took the gavel of the Energy and Natural Resources Committee (ENR), replacing Sen. Ron Wyden (D-OR), who assumed the helm of the Finance Committee. Wyden replaces Max Baucus (D-MT), who was confirmed by the Senate as U.S. Ambassador to China on Feb 6. Sen. Sheldon Whitehouse (D-RI) also took the chair of the Environment and Public Works (EPW), Clean Air and Nuclear Safety Subcommittee, and Sen. Ed Markey (D-MA) was welcomed to EPW as a new member.

To read the complete legislative update including the following topics, click the links below:

GOP Tax Reform Taxes Municipal Bonds 

NEPPA Members Lobby Capitol Hill on Capacity Market Proposals

Broad Coalition Questions Capacity Markets Functionality

Shaheen-Portman Picks up Republican Support; Senate Consideration Possible

White House Picks Enforcement Chief to Led FERC

NIST Framework Issued

FERC & NERC Respond to Letters on Physical Security