News & Analysis as of

U.S. Treasury Janet Yellen Biden Administration

Wilson Sonsini Goodrich & Rosati

CFTC Proposes Guidance Regarding the Listing of Voluntary Carbon Credit Derivatives, and Requests Comment from the Public

On December 4, 2023, the Commodity Futures Trading Commission (CFTC) issued proposed guidance relevant to “designated contract markets” (DCMs) and “swap execution facilities” (SEFs) as they develop standardized derivative...more

Holland & Knight LLP

Breaching the Federal Debt Ceiling: Healthcare Implications

Holland & Knight LLP on

The federal statutory debt limit is currently set at $31.4 trillion. As congressional Republicans and President Joe Biden continue to haggle over a budget agreement that would include an increase in the debt ceiling, the date...more

Venable LLP

How Did We Arrive at the Debt Ceiling Standoff, and Where Do Government Contractors Go From Here?

Venable LLP on

The United States is facing yet another standoff over its congressionally set debt limit. In addition to causing widespread economic harm, Congress's failure to raise the debt limit, also known as the debt ceiling, could...more

Brownstein Hyatt Farber Schreck

U.S. Government Reaches Debt Limit: Current Landscape and Key Takeaways

On Jan. 19, 2023, the United States government reached its $31.4 trillion borrowing limit, which was signed into law (P.L. 117-73) by President Joe Biden on Dec. 16, 2021. Last week, Treasury Secretary Janet Yellen wrote to...more

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