FINANCIAL SERVICES WEEK AHEAD OCTOBER 19 TO OCTOBER 23

U.S. House of Representatives

House Floor Activity

House Majority Leader Hoyer made the following announcement regarding the House calendar.

Members are further advised that as conversations surrounding additional coronavirus relief legislation continue, it is possible that the House will meet during the month of October.

Members will be given at least 24-hours’ notice before the House will be called back to session.

The next meeting of the House in pro forma session is scheduled for 9:00 a.m. on October 20, 2020.

 

House Committee Activity

The House has not noticed any committee activity for the week of October 19, 2020.

 

U.S. Senate

Senate Floor Activity
The Senate will next convene at 4:30pm on Monday, October 19, 2020.

Following Leader remarks, the Senate will resume consideration of Executive Calendar #866, Michael Jay Newman, of Ohio, to be United States District Judge for the Southern District of Ohio.

Senator McConnell withdrew the cloture motions that he previously filed on the following nominations:

  1. Executive Calendar #863, Aileen Mercedes Cannon, of Florida, to be United States District Judge for the Southern District of Florida
  2. Executive Calendar #862, Toby Crouse, of Kansas, to be United States District Judge for the District of Kansas
  3. Executive Calendar #864, J. Philip Calabrese, of Ohio, to be United States District Judge for the Northern District of Ohio
  4. Executive Calendar #865, James Ray Knepp II, of Ohio, to be United States District Judge for the Northern District of Ohio
  5. Executive Calendar #866, Michael Jay Newman, of Ohio, to be United States District Judge for the Southern District of Ohio

Notwithstanding the provisions of the Congressional Review Act, H.J.Res 90 (CRA re: Community Reinvestment Act Regulations rule) will remain in status quo through Oct 19, 2020.

Senate Majority Leader McConnell issued a press statement on Saturday, October 17, 2020, regarding further legislative activity in the Senate this week. The full statement is pasted here. Areas pertinent to the legislative schedule are bolded.

McConnell on COVID-19 Relief & Senate Schedule

LOUISVILLE, KY- U.S. Senate Majority Leader Mitch McConnell (R-KY) issued the following statement regarding COVID-19 relief:

“Speaker Pelosi has wasted months playing political games with the health and financial security of American families.

“Republicans have tried numerous times to secure bipartisan agreement where possible and get aid out the door while these endless talks continue. But Speaker Pelosi keeps saying she feels “nothing” is better than “something” and clinging to far-left demands that are designed to kill any hope of a deal.

If Speaker Pelosi ever lets the House reach a bipartisan agreement with the Administration, the Senate would of course consider it. But Americans need help now.

“Working families have spent months waiting for Speaker Pelosi’s Marie Antoinette act to stop. They should not have to wait any longer.

“Next week, Senate Republicans will move to break this logjam. The Senate will vote on hundreds of billions of dollars for targeted relief programs that Democrats do not even claim to oppose.

“Nobody thinks this $500B+ proposal would resolve every problem forever. It would deliver huge amounts of additional help to workers and families right now while Washington keeps arguing over the rest.

This bill would fund things including:

  • More federally-expanded unemployment benefits for laid-off Americans
  • An entire second round of the Paycheck Protection Program to save workers’ jobs at the hardest-hit small businesses
  • $100B+ to make schools safe for kids
  • More testing
  • More tracing
  • More funding for Operation Warp Speed to produce a vaccine
  • More funding to distribute that vaccine across the country

“These are just some of the urgent needs that Washington should meet immediately while debates continue over the rest. This is half a trillion dollars of good that Congress can do right now.

 

“It is heartless for Democrats to continue their total blockade of any aid whatsoever unless Speaker Pelosi gets her way on countless non-COVID-related demands.

The Senate will vote on this bill Wednesday, following a standalone vote on additional PPP funds on Tuesday. If Democrats do not obstruct this legislation, we will have time to pass it before we turn to Judge Barrett’s nomination immediately after it comes out of committee. It is long past time for the two parties to agree where we can and get more money out the door.”

 

Senate Committee Activity

Wednesday, October 21

Veterans’ Affairs, Hearings to examine VA MISSION Act, focusing on assessing progress implementing Title I, 9:30 AM, SD – 106

 

Commerce, Science, and Transportation, Hearings to examine passenger and freight rail, focusing on the current status of the rail network and the track ahead, 10:00 AM, SR-253

 

Thursday, October 22

 

Judiciary, Business meeting to consider the nominations of Amy Coney Barrett, of Indiana, to be an Associate Justice of the Supreme Court of the United States, Benjamin Joel Beaton, to be United States District Judge for the Western District of Kentucky, Kristi Haskins Johnson, to be United States District Judge for the Southern District of Mississippi, Taylor B. McNeel, to be United States District Judge for the Southern District of Mississippi, Kathryn Kimball Mizelle, to be United States District Judge for the Middle District of Florida, and Thompson Michael Dietz, of New Jersey, to be a Judge of the United States Court of Federal Claims, and S.4632, to amend title 17, United States Code, to establish an alternative dispute resolution program for copyright small claims, to amend the Communications Act of 1934 to modify the scope of protection from civil liability for “good Samaritan” blocking and screening of offensive material, 9:00 AM, SD-G50

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