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Monday, April 11 is the deadline for responses to a voluntary Real Estate Roundtable membership survey on a proposed rule issued by the U.S. Securities and Exchange Commission (SEC) that would require corporate disclosures of climate-related financial risks.

The Biden administration on Monday released its $5.8 trillion FY2023 Budget, a package of spending, tax, and policy proposals that will face extensive congressional scrutiny and revisions over the coming months. The March 28 budget was accompanied by the Treasury Department’s “Greenbook,” which details the Administration’s $2.5 trillion in tax increases on corporations, high-earning households, and certain business activities, including real estate investment.

Lieutenant Colonel (Ret.) Alexander Vindman, Senior Advisor of VetVoice Foundation, today discussed the conflict in Ukraine during a Real Estate Roundtable virtual town hall. In recent years, Vindman served on the White House’s National Security Council as the Director for Eastern Europe, the Caucasus, and Russia. (Watch video discussion)

U.S. Department of Labor Secretary Martin Walsh discussed back-to-the-workplace and labor market issues with Real Estate Roundtable members today during a virtual town hall. Participants also included Roundtable Chair John Fish (Chairman and CEO, Suffolk); Fred Seigel (President and CEO, Beacon Capital Partners); Owen Thomas, CEO, Boston Properties; and Roundtable President and CEO Jeffrey DeBoer.

The Real Estate Roundtable will hold a virtual “town hall” on Friday, March 25 with Lieutenant Colonel (USA, Ret.) Alexander Vindman, former National Security Council Director for Eastern Europe during the Trump Administration, to discuss Russia’s war against Ukraine.

Congress this week passed a $1.5 trillion “omnibus” spending package that would fund government programs through September and provide $13.6 billion for emergency Ukraine assistance. The omni also includes Roundtable-supported language to address the transition away from the London Interbank Offered Rate (LIBOR) and reform the EB-5 Regional Center Program. [See separate Roundtable Weekly story below on EB-5]

The Real Estate Roundtable commends Congress for including the EB-5 Reform and Integrity Act of 2022 in the omnibus appropriations bill that funds the federal government through Sept. 30 and passed the Senate last night.

The Real Estate Roundtable's 2022 Policy Agenda

Congressional appropriators received an emergency request yesterday from the White House for an additional $10 billion for Ukraine assistance and $22.5 billion for pandemic response funding. The request may complicate lawmakers’ efforts to pass an “omnibus” spending package by March 11, when current government funding expires.