Congressional Digest

Tag: Commerce

    Sharing Economy

November 04, 2015
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On September 29, the House Subcommittee on Commerce, Manufacturing, and Trade held a hearing titled “The Disrupter Series: How the Sharing Economy Creates Jobs, Benefits Consumers, and Raises Policy Questions.” The Background Memo on the hearing stated, “The sharing economy typically is described as the facilitation of peer-to-peer transactions, many of which would be impossible or too costly without sharing platforms.” It also cited a study estimating that the sharing economy generated $15 billion in revenues in 2013, and is projected to generate $335 billion in 10 years. The hearing looked at the influence the sharing economy and its emerging…

    Commercial Drones

September 24, 2015
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The Federal Aviation Administration (FAA) Modernization and Reform Act, enacted in 2012, created a gradual process for integrating unmanned aircraft systems (UAS), otherwise known as drones, into the national airspace. In addition to military purposes, drones have a variety of applications, from weather monitoring and bridge inspection to border patrol and search-and-rescue operations; however, government agencies and others must first obtain authorization from the FAA for their use. As drone technology has advanced and costs have dropped, private-sector demand for these devices has increased. In February 2015, the FAA proposed new rules that would allow commercial drones to fly during…

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