Congressional Focus
In This Issue:
- Congressional Focus: Budget negotiations continue, LaFleur takes helm at FERC...
- Energy Policy: Sen. King weighs in on ROEs, FERC finalizes gas-electric communication rule, requests comments on markets as RPS bills emerge in Senate...
- Dodd-Frank: Massad nominated to chair CFTC...
- Cyber Security: Senators look to meet with utility trades, GridEx fact sheet released...
Congressional Overview
The Congressional Budget Office (CBO) on November 20 reported that the Treasury Department could use "extraordinary measures" to continue federal borrowing until sometime between March and June, well past the February 7 deadline set by the agreement that ended the October government shutdown. The January 15 expiration of FY14 funding under the Continuing Resolution (CR) remains fixed, however. That is also the date on which the second round of sequestration cuts takes effect.
In other news, Commissioner Cheryl LaFleur of the Federal Energy Regulatory Commission (FERC) was named Acting Chairman of the agency on November 25. LaFleur, the first New Englander to sit on the panel in several years, is in the running to be nominated to fill the position permanently.
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