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With the U.S. tight oil boom headlining the dramatic resurgence in North American oil production, expectations about future oil supply have shifted from traditional OPEC oil producers to countries whose oil production had previously been declining. This virtual explosion in the production of unconventional oil has major implications for the development of all oil sources, particularly high-cost, high-risk “frontier oil,” as found in the Arctic or ultra-deepwater.
As implementation of Dodd-Frank continues, some questions remain. Does Dodd-Frank permit our financial regulatory system to effectively handle all types of financial institutions, or did it impose a bank-centric regulatory framework capable of causing major problems for non-banks? Do regulators appreciate the difference between banks and non-banks? Do they have the legal flexibility to make appropriate distinctions?
Senators Tim Johnson (D-SD) and Mike Crapo (R-ID), chairman and ranking member, respectively, of the Senate Committee on Banking, Housing and Urban Affairs, headlined a discussion on the role of private capital in a reformed housing finance system.
BPC held the first in a series of events leading up to the July 2014 event to commemorate 10 years since the release of the 9/11 Commission report. We evaluated the state of intelligence reforms since the 2004 Intelligence Reform and Terrorism Prevention Act, determining if in the post-Snowden era, our intelligence capabilities are where they need to be to meet the threat facing our nation.
The event and the luncheon following the public panel discussion have been CANCELLED due to weather conditions. We apologize for the inconvenience.
BPC recently released a macroeconomic study of immigration reform that showed immigration reform would produce powerful economic benefits for the U.S. economy. Notably, the study showed that immigration reform would jump-start the housing market by increasing spending on residential construction by an average of $68 billion annually over a 20-year period.
BPC's Energy Project hosted a public workshop about key policy design considerations for the regulation of greenhouse gases (GHGs) from existing power plants under section 111(d) of the Clean Air Act. The event also explored the use of economic modeling to understand the potential impacts of GHG regulations.
The Aspen Institute, the Bipartisan Policy Center and Intel Corporation hsoted a conversation on the far-reaching implications of the big data "information revolution" for innovation, economic growth, privacy and security in our increasingly connected world.
Congress will soon turn its attention to reauthorizing the passenger rail legislation, enacted in 2008. A critical element of this legislation, as well as the focus of attention by the Northeast Corridor Commission, established by this bill, is the future of passenger rail services in the critically important Northeast Corridor. This region of the country is of great significance to the national economy, and transportation services in the Corridor are intimately related to its economic growth and prosperity.
As part of the Commission on Political Reform, BPC hosted a “Women as Leaders” forum featuring former Senators Olympia Snowe and Blanche Lincoln, former Secretary Ann Veneman, and former White House Budget Director Alice Rivlin.