FINANCIAL SERVICES WEEK AHEAD OCTOBER 8 to OCTOBER 12
U.S. House of Representatives:
House is not in Session.
Senate Hearing Schedule:
Commerce, Science, and Transportation
Wednesday, Oct 10, 2018, 10:00 AM – SR-253
Hearings to examine consumer data privacy, focusing on lessons from the European Union’s general data protection regulation and the California Consumer Privacy Act.
U.S. Sen. John Thune (R-S.D.) chairman of the Committee on Commerce, Science, and Transportation, will convene a hearing titled “Consumer Data Privacy: Examining Lessons From the European Union’s General Data Protection Regulation and the California Consumer Privacy Act.” This hearing will examine new data privacy laws in Europe and California and provide the committee members the opportunity to hear from privacy advocates about the types of consumer protections to consider in future legislation. The hearing follows a discussion with top technology companies and internet service providers last month.
Dr. Andrea Jelinek, Chair, European Data Protection Board
Mr. Alastair Mactaggart, Board Chair, Californians for Consumer Privacy
Ms. Laura Moy, Executive Director and Adjunct Professor of Law, Georgetown Law Center on Privacy & Technology
Ms. Nuala O’Connor, President and CEO, Center for Democracy & Technology
Banking, Housing, and Urban Affairs
Thursday, Oct 11, 2018, 10:00 AM – SD-538
Hearings to examine the cryptocurrency and blockchain ecosystem.
Dr. Nouriel Roubini, Professor Of Economics And International Business, New York University Stern School of Business
Mr. Peter Van Valkenburgh, Director Of Research, Coin Center
Small Business and Entrepreneurship
Thursday, Oct 11, 2018, Time to be announced. – Location to be announced.
Business meeting to consider:
- S.2679, to provide access to and manage the distribution of excess or surplus property to veteran-owned small businesses,
- S.3552, to amend the Small Business Act to adjust the real estate appraisal thresholds under the 7(a) program of the Small Business Administration to bring those thresholds into line with the thresholds used by the Federal banking regulators,
- S.3553, to amend the Small Business Act to adjust the real estate appraisal thresholds under the section 504 program of the Small Business Administration to bring those thresholds into line with the thresholds used by the Federal banking regulators,
- S.3554, to extend the effective date for the sunset for collateral requirements for Small Business Administration disaster loans, an original bill entitled, “National Guard and Reserve Entrepreneurship Act”, and an original bill entitled, “Small Business Runway Extension Act of 2018”.
Senate Floor Schedule:
Schedule for Tuesday, October 9, 2018 – Cloture Filed on WRDA and 3 Nominations
The Senate stands adjourned until 3:00pm on Tuesday, October 9, 2018.
Prior to adjourning, Senator McConnell moved to concur with respect to WRDA, filed cloture on the motion, filled the motion and amendment trees, and filed cloture on two DOJ and one DoD nominations.
Following leader remarks on Tuesday, the Senate will resume consideration of the House message to accompany S.3021, the legislative vehicle for the Water Resources Development Act of 2018 (S.3021, was originally a courthouse naming bill).
At 5:30pm on Tuesday, the Senate will vote on the motion to invoke cloture on the motion to concur. If cloture is invoked, there would be up to 30 hours of post-cloture debate prior to tearing down the motion and amendment tree and a vote on the motion to concur.
Senator McConnell also filed cloture on the following Executive nominations:
- Executive Calendar #640, Jeffrey Bossert Clark, of Virginia, to be an Assistant Attorney General
- Executive Calendar #641, Eric S. Dreiband, of Maryland, to be an Assistant Attorney General
- Executive Calendar #866, James N. Stewart, of North Carolina, to be an Assistant Secretary of Defense.
The first cloture vote on the nominations would occur upon disposition of WRDA. If cloture is invoked, there would be up to 30 hours of post-cloture debate prior to a vote on confirmation. Then, there would be a cloture vote on the next nomination, with the same process until all three nominations have been considered.