FINANCIAL SERVICES WEEK AHEAD JULY 24 to JULY 28
US House of Representatives:
Legislation Considered Under Suspension of the Rules:
13) H.R. 2333 – Small Business Investment Opportunity Act of 2017 (Sponsored by Rep. Steve Knight / Small Business Committee) 14) H.R. 2056 – Microloan Modernization Act of 2017 (Sponsored by Rep. Stephanie Murphy / Small Business Committee) 15) H.R. 2364 – Investing in Main Street Act of 2017 (Sponsored by Rep. Judy Chu / Small Business Committee) TUESDAY, JULY 25TH On Tuesday, the House will meet at 10:00 a.m. for morning hour and 12:00 p.m. for legislative business.
H.J.Res. 111 – Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to “Arbitration Agreements”. (Subject to a Rule) (Sponsored by Rep. Keith Rothfus / Financial Services Committee) WEDNESDAY, JULY 26TH AND THE BALANCE OF THE WEEK On Wednesday and Thursday, the House will meet at 10:00 a.m. for morning hour and 12:00 p.m. for legislative business.
H.R. 3219 – Make America Secure Appropriations Act, 2018, Rules Committee Print (Subject to a Rule) (Sponsored by Rep. Rodney Frelinghuysen / Appropriations Committee)
HOUSE FINANCIAL SERVICES COMMITTEE:
Markup of H.R. 1624, H.R. 2864, H.R. 3110, H.R. 3321, H.R. 3326, and H. Res. 442 Tuesday, July 25, 2017 10:00 AM in 2128 Rayburn HOB Full Committee
Click here for the Committee Memorandum.
The Committee on Financial Services will meet in open session at 10:00 a.m. on Tuesday, July 25, 2017, and subsequent days if necessary, in room 2128 of the Rayburn House Office Building, to consider, in an order to be determined by the Chairman, the following measures:
- H.R. 1624, the “Municipal Finance Support Act of 2017”
- H.R. 2864, the “Improving Access to Capital Act”
- H.R. 3110, the “Financial Stability Oversight Council Insurance Member Continuity Act”
- H.R. 3321, the “National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act”
- H.R. 3326, the “World Bank Accountability Act of 2017”
- H. Res. 442, Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary’s possession to the House of Representatives relating to President Trump’s financial connections to Russia, certain illegal financial schemes, and related information.
HOUSE SMALL BUSINESS COMMITTEE:
Reversing the Entrepreneurship Decline
The Committee on Small Business will meet for a hearing titled, “Reversing the Entrepreneurship Decline.” The hearing is scheduled to begin at 11:00 A.M. on Wednesday, July 19, 2017 in Room 2360 of the Rayburn House Office Building.
The hearing will provide the Committee with an opportunity to understand the entrepreneurship trends, challenges, and opportunities that exist in the United States. This hearing will also examine how entrepreneurship influences leading economic indicators and potential solutions to promote new and existing small businesses
Protecting Small Businesses from Cyber Attacks: the Cybersecurity Insurance Option
The Committee on Small Business will meet for a hearing titled, “Protecting Small Businesses from Cyber Attacks: the Cybersecurity Insurance Option.” The hearing is scheduled to begin at 11:00 A.M. on Wednesday, July 26, 2017 in Room 2360 of the Rayburn House Office Building.
Attachments 1. Hearing Notice 2. Witness List Witnesses Mr. Robert Luft, President, SureFire Innovations, Cincinnati, Ohio Ms. Erica Davis, Senior Vice President, Head of Specialty Products Errors & Omissions, Zurich Insurance, North America, *Testifying on behalf of the American Insurance Association Mr. Eric Cernak, Vice President, Cyber Risk Practice Leader, Munich Re U.S., *Testifying on behalf of the Reinsurance Association America (RAA) Mr. Daimon Geopfert, National Leader and Principal, Security and Privacy Consulting, Risk Advisory Services, Southfield, MI
HOUSE WAYS AND MEANS COMMITTEE:
1100 Longworth House Office Building
Hearing on the Internal Revenue Service’s Record Retention Policies “IRS Electronic Record Retention Policies: Improving Compliance.”
Treasury Inspector General for Tax Administration’s audit of the Internal Revenue Service’s (IRS) electronic record retention policies. The hearing will focus on how the IRS retains electronic records, how it responds to record requests, and what policies and systems the IRS has in place to more readily respond to such requests.
HOUSE JUDICIARY COMMITTEE:
The Need for the Balanced Budget Amendment
2141 Rayburn House Office Building
SENATE BANKING COMMITTEE:
538 Dirksen Senate Office Building
Mr. J. Paul Compton, Jr., of Alabama, to be General Counsel, U.S. Department of Housing and Urban Development;
Ms. Anna M. Farias, of Texas, to be Assistant Secretary for Fair Housing and Equal Opportunity, U.S. Department of Housing and Urban Development;
Mr. Neal J. Rackleff, of Texas, to be Assistant Secretary for Community Planning and Development, U.S. Department of Housing and Urban Development;
Mr. Richard Ashooh, of New Hampshire, to be Assistant Secretary for Export Administration, U.S. Department of Commerce;
Ms. Elizabeth Erin Walsh, of the District of Columbia, to be Assistant Secretary for Global Markets and Director General of the United States and Foreign Commercial Service, U.S. Department of Commerce;
Mr. Christopher Campbell, of California, to be Assistant Secretary for Financial Institutions, U.S. Department of the Treasury.
Mr. Joseph Otting, to be Comptroller of the Currency of Nevada
Honorable Randal Quarles, to be a Member, Reappointment as a Member, and Vice Chairman for Supervision Board of Governors of the Federal Reserve System
SENATE APPROPRIATIONS COMMITTEE:
Subcommittee Markup of the FY2018 Transportation, Housing and Urban Development, & Related Agencies Appropriations Act
Dirksen Senate Office Building Room 192
Subcommittee Markup of the FY2018 Commerce, Justice, Science & Related Agencies Appropriations Act
Dirksen Senate Office Building Room 192
Review of the FY2018 Budget Request for the U.S. Department of the Treasury
Subcommittee on Financial Services and General Government
Dirksen Senate Office Building Room 138
Full Committee Markup of the CJS, THUD, and Legislative Branch Appropriations Bills for FY2018
Dirksen Senate Office Building Room 106
SENATE COMMITTEE ON THE JUDICIARY
Room 226 of the Dirksen Senate Office Building.
Witnesses Panel I
Ralph R. Erickson to be United States Circuit Judge for the Eighth Circuit
Dabney Langhorne Friedrich to be United States District Judge for the District of Columbia
Stephen S. Schwartz to be a Judge of the United States Court of Federal Claims
Brian Allen Benczkowski to be an Assistant Attorney General, Criminal Division
RESCHEDULED: Oversight of the Foreign Agents Registration Act and Attempts to Influence U.S. Elections: Lessons Learned from Current and Prior Administrations
Dirksen Senate Office Building 226
Witnesses Panel I
Mr. Adam Hickey, Deputy Assistant Attorney General, National Security Division, U.S. Department Of Justice
Mr. E.W. “Bill” Priestap, Assistant Director, Counterintelligence Division, Federal Bureau Of Investigations The Honorable Michael Horowitz, Inspector General, U.S. Department Of Justice
Mr. William Browder, Chief Executive Officer, Hermitage Capital Management, London, United Kingdom
Mr. Glenn R. Simpson, Fusion GPS
Mr. Paul J. Manafort, DMP International, LLC
Mr. Donald J. Trump, Jr., Trump Organization LLC
SENATE COMMITTEE ON FINANCE:
Full Committee Hearing
Comprehensive Tax Reform: Prospects and Challenges
July 18, 2017 09:00 AM
215 Dirksen Senate Office Building
The Honorable Mark J. Mazur, Former Assistant Secretary For Tax Policy, 2012– 2017, United States Department of the Treasury
The Honorable Pamela F. Olson, Former Assistant Secretary For Tax Policy, 2002– 2004, United States Department of the Treasury
The Honorable Eric Solomon, Former Assistant Secretary For Tax Policy, 2006– 2009, United States Department of the Treasury
The Honorable Jonathan Talisman, Former Assistant Secretary For Tax Policy, 2000– 2001, United States Department of the Treasury
Hearing to Consider Nominations
June 18, 2017 at 11:00 AM
Dirksen Senate Office Building 226
David J. Kautter, Of Virginia, To Be An Assistant Secretary Of The Treasury, United States Department of the Treasury
07/24/17 10:30 AM EST The Center for Global Development discussion with Christine Lagarde The Center for Global Development holds a discussion on “Global Economic Challenges” with IMF managing director Christine Lagarde and CGD president Masood Ahmed. RSVP here.
07/25/17 11:30 AM EST Pepperdine School of Public Policy discussion on ‘The future of housing’ The Pepperdine School of Public Policy will host a discussion on “The future of housing: Protecting taxpayers and ensuring a robust secondary housing market.” The panel will be moderated by Pro Financial Services reporter Lorraine Woellert.
07/25/17 09:00 AM EST The Federal Open Market Committee meeting The Federal Open Market Committee holds a closed meeting, beginning at 9 a.m. The FOMC is the policymaking arm of the Federal Reserve, July 25-26.
07/26/17 09:00 AM EST The Federal Open Market Committee meeting The Federal Open Market Committee holds a closed meeting, beginning at 9 a.m. The FOMC is the policymaking arm of the Federal Reserve, July 25-26. At 2 p.m., the committee will release its monetary policy decisions.
SEC Chairman Jay Clayton speaks at the U.S. Chamber of Commerce