FINANCIAL SERVICES WEEK AHEAD FEBRUARY 4 to FEBRUARY 8

The House will host a joint session for President Trump’s State of the Union address on Tuesday. Government funding will remain the focal point of negotiations this week as the House and Senate return to session. The House has a punctuated week beginning with votes on Wednesday though most House Members will return earlier in the week to attend the State of the Union address. Votes are expected on Monday in the Senate. It’s understood that spending legislation will have to be effectively completed by the end of this week so both houses can complete consideration before a funding lapse at the end of the day, Friday, February 15.

U.S. House of Representatives

House Committee Activity

House Education and Labor Committee
Hearing “Gradually Raising the Minimum Wage to 15: Good for Workers Good for Businesses and Good for the Economy.”
Thursday, February 7 at 10:15am
2175 Rayburn
Witness panel not yet published.
More info here.

House Energy and Commerce Subcommittee on Communications and Technology
Hearing “Preserving an Open Internet for Consumers Small Businesses and Free Speech”
Thursday, February 7 at 11:00am
2322 Rayburn
Witness panel not yet published.
More info here.

House Oversight and Reform Committee
Hearing “H.R. 1: Strengthening Ethics Rules for the Executive Branch”
Wednesday, February 6 at 10:00am
2154 Rayburn
Witness panel not yet published.
More info here.

House Rules Committee
Consideration of H.R. 840, Veterans’ Access to Child Care Act
Monday, February 4, 2019 at 1:00 pm
H-312, the Capitol
More info here.

House Small Business Committee
Hearing “The Shutdown: Economic Impact on Small Businesses”
Wednesday, February 6 at 11:00am
2360 Rayburn
Witness Panel:
Dr. Matthew D. Shapiro, Lawrence R. Klein Collegiate Professor of Economics, University of Michigan – Department of Economics, Ann Arbor, MI
Mr. Bill Butcher, Founder Port City Brewing Company, Alexandria, VA
Mr. Charles Rowe, President & CEO America’s Small Business Development Centers, Arlington, VA
More info here.

House Ways and Means Committee
Hearing “Improving Retirement Security for America’s Workers”
Wednesday, February 6 at 10:00am
1100 Longworth
Witness panel not yet published.
More info here.

Oversight Subcommittee Hearing “Legislative Proposals and Tax Law Related to Presidential and Vice-Presidential Tax Returns”
Thursday, February 7 at 2:00pm
1100 Longworth
Witness panel not yet published.
More info here.

House Floor Activity

Legislation Considered Pursuant to a Rule:

Veterans’ Access to Child Care Act [PDF] This legislation, offered by Ms. Brownley of California, would create new provisions such that veterans receiving mental health care and other intensive health care services have VA provided child care assistance. This permanent authorization is based on the VA’s Child Care Pilot Program.

Legislation Considered Under Suspension of the Rules:

Judiciary and Transportation and Infrastructure bills are expected on the floor.

List of Suspensions:
H.R. 876 Pacific Northwest Earthquake Preparedness Act of 2019 [PDF]
H.R. 866 Fairness for Breastfeeding Mothers Act of 2019 [PDF]
H.R. 543 To require the Federal Railroad Administration to provide appropriate congressional notice of comprehensive safety assessments conducted with respect to intercity or commuter rail passenger transportation [PDF]
H.R. 831 Reviving America’s Scenic Byways Act of 2019 [PDF]
H.R. 66 Route 66 Centennial Commission Act [PDF]
H.R. 494 Tiffany Joslyn Juvenile Accountability Block Grant Program Reauthorization Act of 2019 [PDF]
H.R. 450 Preventing Crimes Against Veterans Act of 2019 [PDF]
H.R. 507 Putting Trafficking Victims First Act of 2019 [PDF]
H.R. 752 Open Book on Equal Access to Justice Act [PDF]

U.S. Senate

Senate Committee Activity

Special Committee on Aging
Hearing “to examine financial security in retirement, focusing on innovations and best practices to promote savings.”
Wednesday, February 6 at 9:30am
562 Dirksen
Witness Panel:
The Hon. Gene L. Dodaro, U.S. Comptroller General, GAO
John Scott, Retirement Savings Project Director, PEW Charitable Trusts
Denis St. Peter, President And CEO, CES, Inc.
Linda K. Stone, Fellow Volunteer, Women’s Institute for a Secure Retirement
More info here.

Senate Banking Committee
Organizational Meeting
Wednesday, February 6 at 9:45am
538 Dirksen
More info here. 

Senate Commerce Science, and Transportation Committee
Organizational Meeting and Hearing “to examine winning the race to 5G and the next era of technology innovation in the United States.”
Wednesday, February 6 at 10:00am
G50 Dirksen
Witness Panel:
The Honorable Meredith Atwell Baker, President and CEO, CTIA
Mr. Steve Berry, President and CEO, Competitive Carriers Association
Mr. Shailen Bhatt, President and CEO, Intelligent Transportation Society of America
Mr. Michael Wessel, Commissioner, U.S.-China Economic & Security Review Commission
Ms. Kim Zentz, Chief  Executive Officer, Urbanova
More info here.

Senate Finance Committee
Executive Session “to Organize for the 116th Congress and to Consider Favorably Reporting Pending Nominations”
Tuesday, February 5 at 10:15am
215 Dirksen
Agenda: 
Michael Faulkender, of Maryland, to be an Assistant Secretary of the Treasury
Jeffrey Kessler, of Virginia, to be an Assistant Secretary of Commerce
Elizabeth Darling, of Texas, to be Commissioner on Children, Youth, and Families, Department of Health and Human Services
Michael J. Desmond, of California, to be Chief Counsel for the Internal Revenue Service and an Assistant General Counsel in the Department of the Treasury
More info here.

Senate Floor Activity

S.1, Strengthening America’s Security in the Middle East Act of 2019 [PDF] The Senate plans to continue consideration of S.1 this week.

It is possible that the Senate could consider Land and Water Conservation Fund and Public Lands Package this week as well after the final votes on S.1.

Additionally, during the balance of the week, the Senate may consider any cleared legislative and executive business. This may include nominations.

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