The Hardwood Federation produces a “D.C. Cheat Sheet” publication to maintain the business up-to-date on the most recent information from Washington D.C. Take a look at the October fifth version beneath and join to obtain your copy.
Home Votes to Take away Rep. McCarthy as Speaker, Chaos Ensues
On the heels of getting narrowly missed a authorities shutdown, on October 3, in a roll name vote, the Home authorised a measure 216 to 210 to take away Rep. Kevin McCarthy (R-CA) from the Speakership. Per the previous Speaker’s needs, Rep. Patrick McHenry (R-NC) assumed the gavel as performing speaker and instantly adjourned the Home till subsequent week. Since that point, Home Majority Chief Steve Scalise (R-LA) and Rep. Jim Jordan (R-OH) have thrown their hats within the ring to run for the Home’s high job. Sadly, most legislative enterprise shall be suspended till the election reaches a conclusion, a course of that can start subsequent week.
Hardwood Business, Allies Weigh in on White Home Environmental Allow Proposal
On September 29, the Hardwood Federation joined the U.S. Chamber of Commerce and 24 allied teams in feedback on the administration’s proposed laws to implement the Nationwide Environmental Coverage Act (Act), an umbrella statute that outlines procedures for acquiring environmental permits. The coalition urges the administration to revoke the proposal on the grounds that it’s designed to put out a allowing course of that drives particular coverage outcomes, reminiscent of mitigating local weather change, relatively than company procedures, thereby exceeding the authorized limits of NEPA. Business additionally factors out that the proposed modifications would solely add extra delays to issuance of environmental permits, citing giant scale bridge and port initiatives that took greater than 10 years to course of, versus two years in Canada and Australia for comparable initiatives. The quantity of feedback submitted through the rulemaking may delay issuance of a last end result into 2024.
Producer Optimism Declines, In response to Survey
In September, the Nationwide Affiliation of Producers (NAM) launched a report displaying that federal crimson tape, amongst different challenges, prevents enlargement of producing companies in 2023. In response to the survey, reflecting suggestions from respondents in August, 69.1 % of small producers would rent extra staff or give pay raises “if their regulatory burdens decreased.” Respondents recognized workforce shortages (72.1 %), costly healthcare (60.7 %), and provide chain disruptions (45.5 %) as high challenges dealing with them on the shut third quarter.
Supply: Hardwood Federation