If the enactment of annual appropriations acts or an interim continuing resolution does not occur before the beginning of a fiscal year (October 1), a temporary funding gap may occur.1 If a funding gap begins and funding does not appear likely to resume during the first calendar day of the gap, the federal government generally … Read more
The Committee on Foreign Investment in the United States (CFIUS) is an interagency committee chaired by the Secretary of the Treasury. It serves the President in overseeing the national security risks of certain foreign direct investment (FDI) in the U.S. economy. CFIUS jurisdiction includes the review of mergers, acquisitions, and takeovers that could result in … Read more
The Constitution’s Framers structured the Constitution to promote the separation of powers and protect the federal courts from undue influence by Congress and the executive branch. Among the federal courts, the Constitution grants the Supreme Court special status. As a historical matter, Congress has also traditionally recognized that the Supreme Court plays a unique role … Read more