FINANCIAL SERVICES WEEK AHEAD APRIL 8 to APRIL 12

U.S. House of Representatives

House Committee Activity

 

Monday, April 8

Committee on Rules Business Meeting: H.R. 1644 Save the Internet Act of 2019; H.R. 2021Investing for the People Act of 2019 5:00 PM | H-313 CAPITOL

 

 

Tuesday, April 9

 

Committee on Appropriations | Subcommittee on Financial Services and General Government Hearing: Department of the Treasury Budget Request for Fiscal Year 2020 10:00 AM | 2362-A Rayburn HOB

 

Witness: 

 

Treasury Secretary Steven Mnuchin 

 

Committee on Appropriations | Subcommittee on Financial Services and General Government Hearing: Internal Revenue Service Budget Request for FY2020 2:00 PM | 2362-A Rayburn HOB

 

Witness:

 

The Honorable Charles P. Rettig 
Commissioner, Internal Revenue Service

 

Committee on Education Labor Markup:

 

H.R. 1010 To provide that the rule entitled “Short-Term Limited Duration Insurance” shall have no force or effect. 10:15 AM | 2175 Rayburn HOB

 

Committee on Financial Services | Full Committee Hearing: The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System 2:00 PM | 2128 RHOB

 

Witness:

 

Treasury Secretary Steven Mnuchin

 

Committee on Financial Services | Subcommittee on Consumer Protection and Financial Institutions Hearing: The Community Reinvestment Act: Assessing the Law’s Impact on Discrimination and Redlining 10:00 AM | 2128 RHOB

 

Witnesses:

 

Benson F. “Buzz” Roberts, President and CEO, National Association of Affordable Housing Lenders (Republican Witness)

Jesse Van Tol, CEO, National Community Reinvestment Coalition (Dem witness)
Mehrsa Baradaran, Associate Dean for Strategic Initiatives & Robert Cotten Alston Associate Chair in Corporate Law, University of Georgia (Dem witness)
Clint Odom, SVP for Policy, National Urban (Dem witness)
Doyle Mitchell, CEO, Industrial Bank (Dem witness)
Aaron Glantz, Senior Reporter, Reveal from The Center for Investigative Reporting (Dem witness)

 

Committee on Ways and Means Markup: 

 

H.R.___ Prescription Drug Sunshine Transparency Accountability and Reporting Act STAR Act 10:30 AM | 1100 Longworth HOB

 

Wednesday, April 10

 

Committee on Armed Services Hearing: The Fiscal Year 2020 National Defense Authorization Budget Request for the Department of the Navy 10:00 AM | 2118 Rayburn HOB

 

Witness: TBA

 

Committee on Financial Services | Full Committee Hearing: Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis 9:00 AM | 2128 RHOB

 

Witnesses:

 

  • Mr. Michael L. Corbat, Chief Executive Officer, Citigroup
  • Mr. James Dimon, Chairman & Chief Executive Officer, JP Morgan Chase & Co.
  • Mr. James P. Gorman, Chairman & Chief Executive Officer, Morgan Stanley
  • Mr. Brian T. Moynihan, Chairman & Chief Executive Officer, Bank of America
  • Mr. Ronald P. O’Hanley, President & Chief Executive Officer, State Street Corporation
  • Mr. Charles W. Scharf, Chairman & Chief Executive Officer, Bank of New York Mellon
  • Mr. David M. Solomon, Chairman & Chief Executive Officer, Goldman Sachs

 

Committee on Ways and Means | Subcommittee on Social Security Hearing: Protecting and Improving Social Security: Comprehensive Legislative Proposals to Enhance Social Security 9:00 AM | 2020 Rayburn HOB

 

Witness:TBA

 

House Floor Activity

 

Legislation Considered Pursuant to a Rule:

H.R. 1644 Save the Internet Act of 2019 [PDF] This legislation offered to address net neutrality passed out of the House Energy and Commerce Committee by a vote of 18 yeas to 11 nays. The legislation harkens back to the December 14, 2017 FCC order.

H.R. 2021 Investing for the People Act of 2019 [PDF] This legislation is the opening budgetary action by the House Majority to propose a cap increase as it pertains to the Budget Control Act of 2011. A section by section summary is offered by the sponsor, Chairman Yarmuth, here.

Legislation Considered Under Suspension of the Rules:

Transportation and Infrastructure and Natural Resources legislation is expected on the floor.

List of Suspensions:
H.Con.Res. 16 Authorizing the use of the Capitol Grounds for the National Peace Officers Memorial Service and the National Honor Guard and Pipe Band Exhibition [PDF]
H.Con.Res. 19 Authorizing the use of the Capitol Grounds for the Greater Washington Soap Box Derby [PDF]
H.R. 1331 Local Water Protection Act [PDF]
H.R. 639 To amend section 327 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act to clarify that National Urban Search and Rescue Response System task forces may include Federal employees [PDF]
H.R. 559 Northern Mariana Islands Long-Term Legal Residents Relief Act, as amended [PDF]
H.R. 2030 Colorado River Drought Contingency Plan Authorization Act [PDF]
H.R. 1759 BRIDGE for Workers Act [PDF]
H.R. 1957 Taxpayer First Act of 2019, as amended [PDF]

 

Wednesday House Recess at 3:00 pm for House Democrat Retreat to Landsdowne 

Speaker’s include Federal Reserve Chairman J. Powell, Stacy Abrams, and John Legend

 

 

U.S. Senate

 

Senate Committee Activity

 

Tuesday, April 9

 

Budget: Hearings to examine the President’s proposed budget request for fiscal year 2020 for the Department of Defense. 2:30 PM – SVC-217

Finance Hearings to examine drug pricing in America, focusing on a prescription for change, part III. 2:30 PM – SD-124

 

Wednesday, April 10

 

Finance: Hearings to examine the 2019 tax filing season and the 21st century Internal Revenue Service. 10:15 AM – SD-215

 

Witness:

 

The Honorable Charles P. Rettig 
Commissioner, Internal Revenue Service

 

Judiciary Subcommittee on Constitution: Hearings to examine free speech, focusing on technological censorship and the public discourse. 2:30 PM – SD-226

 

Witness: TBA

 

Small Business and Entrepreneurship: Hearings to examine reauthorization of the Small Business Administration International Programs

 

Witness: TBA

 

Senate Floor Activity

This week the Senate may consider:

1)      Executive Calendar #21, Daniel Desmond Domenico, of Colorado, to be United States District Judge for the District of Colorado

2)      Executive Calendar #27, Patrick R. Wyrick, of Oklahoma, to be United States District Judge for the Western District of Oklahoma

3)      Executive Calendar #105, Cheryl Marie Stanton, of South Carolina, to be Administrator of the Wage and Hour Division, Department of Labor

4)      Executive Calendar #173, John P. Abizaid, of Nevada, to be Ambassador Extraordinary and Plenipotentiary of the United States of America to the Kingdom of Saudi Arabia

5)      Executive Calendar #31, Holly A. Brady, of Indiana, to be United States District Judge for the Northern District of Indiana

6)      Executive Calendar #30, David Steven Morales, of Texas, to be United States District Judge for the Southern District of Texas

During the balance of the week, the Senate may consider any cleared legislative and executive business.

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