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In this episode of The Weekly Congressional Report, we examine H.J. Res. 25, a joint resolution that seeks to nullify an Internal Revenue Service (IRS) rule requiring brokers to report gross proceeds from digital asset sales. This resolution, introduced under the Congressional Review Act, reflects growing concerns over federal regulation of cryptocurrency markets and the potential overreach of financial reporting requirements.

Join Brian Barnes along with our AI hosts Avery and Iris as they unpack the implications of this legislative effort. Supporters argue that the IRS rule imposes excessive burdens on the digital asset industry and stifles innovation, while opponents contend that stricter reporting requirements are necessary to prevent tax evasion and financial crime. What does this congressional pushback mean for the future of crypto regulation? And how does it fit into the broader debate over government oversight in financial markets?

Tune in for an insightful discussion on this high-stakes resolution and its potential impact on the crypto economy and regulatory landscape.

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In this episode of The Weekly Congressional Report, we break down H.R. 1515, the Guidance Out Of Darkness (GOOD) Act. This bipartisan bill seeks to increase transparency by requiring federal agencies to make all guidance documents publicly available in a single online location. The act aims to ensure that policies, interpretations, and regulatory guidelines—often buried deep within agency websites—are easily accessible to the public, businesses, and lawmakers.

Join Brian Barnes along with our AI hosts Avery and Iris as they explore the implications of this legislation. Is this a step toward more accountable government and public access to important regulatory information? Or does it risk bureaucratic overload and information mismanagement? We discuss how the GOOD Act fits into broader transparency efforts and what it could mean for government accountability in the digital age.

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In this episode of The Weekly Congressional Report, we break down H.R. 77, the Midnight Rules Relief Act. This bill seeks to amend the Congressional Review Act by allowing Congress to overturn multiple federal regulations issued in the final year of a president’s term through a single resolution of disapproval. Proponents argue that this measure enhances congressional oversight by preventing last-minute executive rulemaking from bypassing legislative scrutiny. Critics, however, warn that it could lead to sweeping rollbacks of vital regulations without individual review.

Join Brian Barnes along with our AI hosts Avery and Iris as they analyze the potential consequences of this bill, discussing how it impacts the balance of power between the executive branch and Congress. Does H.R. 77 ensure accountability, or does it risk legislative overreach? Tune in for a deep dive into the mechanics of midnight rulemaking and how this proposed law could reshape regulatory oversight.

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