FINANCIAL SERVICES WEEK AHEAD MAY 23 TO MAY 27

US House of Representatives:

 

House Financial Services Committee:

 

Hearing entitled “Stopping Terror Finance: A Coordinated Government Effort” 
Tuesday, May 24, 2016 10:00 AM in 2128 Rayburn HOB 
Task Force to Investigate Terrorism Financing 

Click here for the Committee Memorandum.

Witness List

  • Ms. Jennifer Shasky Calvery, Director, Financial Crimes Enforcement Network, U.S. Department of the Treasury
  • Mr. Larry McDonald, Deputy Assistant Secretary, Office of Technical Assistance, U.S. Department of the Treasury

 

House Appropriations Committee:

 

 

Full Committee Markup – FY 2017 Commerce, Justice, and Science Bill, Transportation, Housing and Urban Development Bill, and Report on the Revised Interim Suballocation of Budget Allocations  Tuesday, May 24, 2016 10:30 AM in 2359 Rayburn  Full Committee 

Subcommittee Markup – FY 2017 Financial Services Appropriations Bill  Wednesday, May 25, 2016 9:30 AM in 2358-C Rayburn  Financial Services and General Government 

 

 

House Natural Resources Committee:

 

 

The House Natural Resources Committee Markup May 24 to May 25 starting 10:00 a.m in 1324 Longworth House Office Building Washington D.C. 20515

 

H.R. 5278, the “Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA),” legislation introduced by Rep. Sean Duffy (R-WI) that would address Puerto Rico’s economic and fiscal situation by:  (1) establishing an “Oversight Board” with authority to supervise the development and execution of a fiscal plan, which would serve as the “cornerstone” for implementing Board recommendations, the elimination of structural deficits, and the “improvement of fiscal governance, accountability, and internal controls”; (2) requiring that the fiscal plan “ensure the protection of the lawful priorities and liens as guaranteed by the territorial constitution and applicable laws” and provide “adequate funding for public pension systems”; (3) preventing Puerto Rico from prescribing a “moratorium on the indebtedness of the territory . . . [that] may bind a creditor without the creditor’s consent”; (4) providing for an expedited review and permitting process for infrastructure ventures deemed “Critical Projects”; (5) granting Puerto Rico’s governor the authority to lower the minimum wage for younger workers; and (6) conditionally exempting Puerto Rican employers from DOL’s final governing overtime eligibility.  The Committee is scheduled to consider the bill on May 24 and May 25.  Treasury Secretary Jack Lew  described the bill as a “fair, but tough bipartisan compromise” and urging lawmakers to “act without delay.”

 

 

 

House Energy and Commerce Committee:

 

Legislative Hearing on 17 FTC Bills

Tuesday, May 24, 2016 – 10:00am

Location:

2123 Rayburn

Legislative Hearing on 17 FTC Bills

Subcommittees:

Witnesses

Mr. Robert Arrington 
President, National Funeral Directors Association

Mr. Michael Best 
Senior Policy Advocate, Consumer Federation of America

Mr. John Breyault 
Vice President of Public Policy, Telecommunications and Fraud, National Consumers League

Mr. Daniel Castro 
Vice President, Information Technology and Innovation Foundation

Mr. Gil Genn 
Managing Partner, Capitol Hill Strategic Advocates, LLC, on behalf of Maryland Sports and Entertainment Industry Coalition

Mr. Richard Hendrickson 
President and CEO, Lifetime Products

Mr. Geoffrey Manne 
Founder and Executive Director, International Center for Law and Economics

Dr. Greg O’Shanick 
President and Medical Director, Center for Neurorehabilitation Services

Ms. Jamie Pena 
VP, Revenue Strategy & Global Distribution, OMNI HOTELS & RESORTS

The Honorable Edith Ramirez 
Chairwoman, Federal Trade Commission

Mr. Stephen Shur 
President, Travel Technology Association

Ms. Abigail Slater 
General Counsel, The Internet Association

Mr. David Vladeck 
Professor of Law, Georgetown Law

Mr. Joshua Wright 
University Professor, Antonin Scalia Law School at George Mason University

Text of Legislation

Documents

 

 

House Homeland Security Committee:

 

ENHANCING PREPAREDNESS AND RESPONSE CAPABILITIES TO ADDRESS CYBER THREATS

 

MAY 24, 2016 10:00 AM | 311 CANNON HOUSE OFFICE BUILDING

 

This joint hearing will examine how the Department of Homeland Security is assisting states in preparing for and responding to cyber attacks. Additionally, Members will hear from state officials on best practices and lessons learned in enhancing cybersecurity capabilities and how the federal government can help mitigate some of challenges states face.

 

 

 

US Senate:

 

 

Senate Banking Committee:

 

 

Hearings:

Understanding the Role of Sanctions Under the Iran Deal

May 24, 2016 10:30 AM

538 Dirksen

The COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing entitled “Understanding the Role of Sanctions Under the Iran Deal.”  

The witnesses will be:  The Honorable Juan C. Zarate, Chairman, FInancial Integrity Network; Mr. Mark Dubowitz, Executive Director, Foundation for Defense of Democracies; Mr. Michael Elleman,Consulting Senior Fellow for Regional Security Cooperation at the International Institute for Strategic Studies; and Ms. Elizabeth Rosenberg, Senior Fellow and Director of the Energy, Economics and Security Program, Center for a New American Security.

 

Understanding the Role of Sanctions Under the Iran Deal: Administration Perspectives

May 25, 2016 02:30 PM

538 Dirksen

 

The COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION to conduct a hearing entitled “Understanding the Role of Sanctions Under the Iran Deal: Administration Perspectives.”

 

The witnesses will be Mr. Adam J. Szubin, Acting Under Secretary of the Treasury for Terrorism and Financial Crimes; Office of Terrorism and Financial Intelligence; and The Honorable Stephen D. Mull, Lead Coordinator for Iran Nuclear Implementation, U.S. Department of State.

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