Washington Report

Advocacy Updates from Washington D.C.

The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Advocacy Group policy staff. To receive this content via email, subscribe to NAR's Weekly Report newsletter and check the "legislative & regulatory issues" box.


On December 22, 2017, President Trump signed the “Tax Cuts and Jobs Act”. The U.S. House and Senate approved the conference agreement of the “Tax Cuts and Jobs Act” earlier in the week.
The Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency within the Treasury Department issued a “notice of proposed rulemaking” (NPR) regarding the capital rule for banking organizations. NAR has submitted a comment letter to the agencies on the NPR, in addition to joining a commercial real estate industry coalition letter.

The Federal Communications Commission (FCC) voted on December 14 to dismantle its net neutrality regulations.The issue will now move to the courts, where several groups will challenge the FCC’s decision. Congress is also considering legislation that would codify the rules in law.