FINANCIAL SERVICES WEEK AHEAD MAY 23 TO MAY 27
US House of Representatives:
House Financial Services Committee:
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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
- H.R. 5109, CLEAR Act
- H.R. 5116, FREE Act
- H.R. 5098, FTC REPORTS Act
- H.R. 5136, RECS Act
- H.R. 5118, SHIELD Act
- H.R. 5097, STALL Act
- H.R. 5115, SURE Act
- H.R. 5093, TIME Act
- H.R. 5104, BOTS Act
- H.R. 5111, Consumer Rreview Fairness Act
- H.R. 5092, Reinforcing American Made Products Act
- Discussion Draft H.R.____, CARRIERS_01
- Discussion Draft of H.R. ____, TAX-EXEMPT_01
- H.R. 5212, Bereaved Consumer Bill of Rights Act
- Discussion Draft of H.R. ____, PASCRE_047
- H.R. 4526, Stop Online Booking Scams Act
- H.R. 4460, Youth Sport Concussion Act
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.
