FINANCIAL SERVICES WEEK AHEAD JUNE 5 to JUNE 9

US House of Representatives:

 

House to Vote on Financial CHOICE Act

H.R. 10, the Financial CHOICE Act

The Congressional Budget Office reports the Financial CHOICE Act would reduce the deficit by $24.1 billion over 10 years and that the bill’s regulatory relief would benefit community banks and credit unions.  The nation’s largest banks would be unlikely to raise enough capital to meet the bill’s requirement for substantial regulatory relief, the CBO reported.

 

For an executive summary of the Financial CHOICE Act, click here.

For even more information about the bill, visit: financialCHOICE.gop.

 

HOUSE FINANCIAL SERVICES COMMITTEE:

 

Hearing entitled “Flood Insurance Reform: A Taxpayer’s Perspective”  Full Committee

June 7, 2017 at 10:30 AM

2128 Rayburn HOB

 

Witnesses:

 

Steve Ellis, Taxpayers for Common Sense

Ray Lehman, R Street

Josh Saks, National Wildlife Federation

 

Hearing entitled “Virtual Currency: Financial Innovation and National Security Implications

June 8, 2017 at 10:00 AM

2128 Rayburn HOB

Terrorism and Illicit Finance

 

HOUSE APPROPRIATIONS COMMITTEE

 

Department of Labor – Budget Hearing

June 7, 2017 at 10:00 AM

2358-C Rayburn House Office Building

Labor, Health and Human Services, Education, and Related Agencies

 

Witness Panel:

The Honorable R. Alexander Acosta, Secretary, Department of Labor

 

Department of Housing and Urban Development – Budget Hearing

June 8, 2017 at 10:00 AM

2359 Rayburn House Office Building

Transportation, Housing and Urban Development, and Related Agencies

 

Witness Panel:

The Honorable Ben Carson, Secretary, Department of Housing and Urban Development

 

Commodity Futures Trading Commission – Budget Hearing

June 8, 2017 at 10:00 AM

2362-A Rayburn House Office Building

Agriculture, Rural Development, Food and Drug Administration, and Related Agencies

 

Witness Panel:

  1. Christopher Giancarlo, Acting Chairman, Commodity Futures Trading Commission

 

RESCHEDULED: Department of Justice Budget Hearing

June 13, 2017 at 2:00 PM

2359 Rayburn House Office Building

Commerce, Justice, Science, and Related Agencies

 

Witness Panel:

The Honorable Jefferson Sessions, Attorney General

 

Department of the Treasury- Budget Hearing

June 12, 2017 at 3:00 PM

2359 Rayburn House Office Building

Financial Services and General Government

 

Witness Panel:

Steven Mnunchin, Secretary, Department of the Treasury

 

HOUSE ENERGY AND COMMERCE COMMITTEE:

 

Disrupter Series: Improving Consumer’s Financial Options With FinTech

June 8, 2017 at 10:00AM

2123 Rayburn House Office Building

Subcommittee on Digital Commerce and Consumer Protection (115th Congress)

Click here for Hearing Notice

 

HOUSE COMMITTEE ON THE BUDGET:

 

The Economic and Fiscal Benefits of Pro-Growth Policies

June 7, 2017 at 10:00 AM

1334 Longworth House Office Building

 

Witness Panel:

Douglas J. Holtz-Eakin, Ph.D., President, American Action Forum

John W. Diamond, Ph.D., Edward A. and Hermena Hancock Kelly Fellow in Public Finance, Rice University’s Baker Institute for Public Policy

Jason Furman, Ph.D., Senior Fellow, Peterson Institute for International Economics

 

JOINT ECONOMIC COMMITTEE

Economic Aspects of the Opioid Crisis

June 8, 2017 at 10:00 AM

1100 Longworth House Office Building

 

Witness Panel:

Professor Sir Angus Deaton, Laureate of the Nobel Prize in Economic Sciences, Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeritus, Woodrow Wilson School of Public and International Affairs and the Economics Department, Princeton University

The Honorable Mike DeWine, Ohio Attorney General, Columbus, Ohio

Dr. Lisa N. Sacco, Crime Policy Analyst, Congressional Research Service, Library of Congress

Dr. Richard G. Frank, Margaret T. Morris Professor of Health Economics, Department of Health Care Policy, Harvard Medical School

 

US SENATE:

SENATE BANKING COMMITTEE:

 

Nomination Hearing

June 6, 2017 at 10:00 AM

538 Dirksen Senate Office Building

 

Witness Panel:

Mr. Kevin Allen Hassett to be Chairman Council of Economic Advisers

The Honorable Pamela Hughes Patenaude to be Deputy Secretary Housing and Urban Development

 

Fostering Economic Growth: The Role of Financial Institutions in Local Communities

June 8, 2017 at 10:00 AM

538 Dirksen Senate Office Building

Witness Panel:

Ms. Dorothy A. Savarese, Chairman, President & CEO, The Cape Cod Five Cents Savings Bank, on behalf of the American Bankers Association;

Mr. Steve Grooms, President & CEO, 1st Liberty Federal Credit Union, on behalf of the National Association of Federally-insured Credit Unions;

Mr. R. Scott Heitkamp, President & CEO, ValueBank, on behalf of the Independent Community Bankers of America;

Mr. Dallas Bergl, CEO, INOVA Federal Credit Union, on behalf of the Credit Union National Association;

Mr. John Bissel, President & CEO, Greylock Federal Credit Union;

Mr. Adam Levitin, Professor of Law, Georgetown University Law Center.

 

SENATE APPROPRIATIONS COMMITTEE:

 

Review of the FY2018 Budget Request for the U.S. Department of Housing & Urban Development

June 7, 2017 at 02:30 PM

192 Dirksen Senate Office Building

Subcommittee on Transportation, Housing and Urban Development, and Related Agencies

 

Witness Panel:

The Honorable Ben Carson, Secretary, U.S. Department of Housing and Urban Development

 

Review of the FY2018 Budget Request for the U.S. Department of Labor

June 8, 2017 10:00 AM

138 Dirksen Senate Office Building

Subcommittee on Labor, Health and Human Services, Education, and Related

 

Witness Panel:

The Honorable R. Alexander Acosta, Secretary, U.S. Department of Labor

 

Review of the FY2018 Budget Request for the U.S. Department of Commerce

June 8, 2017 at 10:00 AM

192 Dirksen Senate Office Building

Subcommittee on Commerce, Justice, Science, and Related Agencies

 

Witness Panel:

The Honorable Wilbur Ross, Secretary, U.S. Department of Commerce

 

SENATE COMMITTEE ON THE JUDICIARY

Executive Business Meeting

June 8, 2017 at 10:00am

Dirksen Senate Office Building, Room 226 Nominations

Noel J. Francisco, to be Solicitor General of the United States

Makan Delrahim, to be an Assistant Attorney General, Antitrust Division

Steven A. Engel, to be an Assistant Attorney General, Office of Legal Counsel

 

SENATE COMMITTEE ON FINANCE:

 

Hearing to Consider Nominations

June 7, 2017 at 10:00 AM

215 Dirksen Senate Office Building

 

Nominations:

Eric D. Hargan, Of Illinois, To Be Deputy Secretary Of Health And Human Services, United States Department of Health and Human Services

David Malpass, Of New York, To Be An Under Secretary Of The Treasury, United States Department of the Treasury

Brent James McIntosh, Of Michigan, To Be General Counsel For The Department Of The Treasury, United States Department of the Treasury

 

SENATE COMMITTEE ON COMMERCE, SCIENCE, AND TRANSPORTATION

 

Nomination Hearing

June 8, 2017 at 10:00 a.m.

253 Russell Senate Office Building

Full committee nomination hearing

 

Nominations:

Derek Kan, of California, to be Under Secretary of Transportation for Policy

David J. Redl, of New York, to be Assistant Secretary for Communications and Information, Department of Commerce

Robert L. Sumwalt, III, of South Carolina, to be Member of the National Transportation Safety Board (NTSB) for a 5-year term expiring December 16, 2021, and to be designated Vice Chairman for a term of 2 years

 

AROUND TOWN:

 

06/06/17 9:00 AM – 11:30 AM

The AEI-Brookings Project on Paid Family Leave: Report release and discussion

AEI, Auditorium, 1789 Massachusetts Avenue NWRSVP

 

06/06/17 9:30AM to 11:00AM

Is Dodd-Frank’s failure resolution regime failing?

Brookings Institution, Falk Auditorium, 1775 Massachusetts Avenue N.W.

REGISTER TO ATTEND

 

06/07/17 10:30 AM – 12:00PM

Deaths of despair: Opioids, community, and the economy

AEI, Auditorium, 1789 Massachusetts Avenue NW RSVP

 

06/08/17 12:30 PM EST The World Bank’s Independent Evaluation Group discussion on tax revenue mobilization The Independent Evaluation Group holds a discussion on “Getting to 2030: The Role of Tax Revenue Mobilization,” focusing on tax systems as a critical element in driving economic progress.” RSVP here.

 

06/09/17 9:30 AM – 11:00 AM

Principles for Tax Reform: A Conversation with the House Freedom Caucus

The Heritage Foundation, Allison Auditorium, 214 Massachusetts Ave NE

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