This report provides a snapshot of the US Executive Branch priorities via daily schedules and the prior day’s press releases. POTUS’ Schedule* 9:00 a.m. EDT – THE PRESIDENT receives the President’s Daily Brief 1:30 p.m. EDT – THE PRESIDENT hosts a meeting with business leaders and CEOs on the COVID-19 response… Continue Reading
Legislative Activity House Financial Services Committee to Hold Markup of CHOICE Act on Tuesday After much anticipation, House Financial Services Committee Jeb Hensarling (R-TX) introduced the Financial CHOICE Act of 2017 (CHOICE Act) last week following a contentious hearing on the bill. Unsurprisingly, the hearing revealed partisan differences over the effectiveness of the Dodd-Frank Wall … Continue Reading
Legislative Activity Banking Committee Set to Mark-Up Legislative Package of Financial Regulatory Reform As we highlighted last week, this Thursday, May 21, the Senate Banking Committee is scheduled to hold a markup of Chairman Richard Shelby’s (R-AL) highly-anticipated legislative package of financial regulatory reform. Chairman Shelby last week released a draft of his legislation, which … Continue Reading
Legislative Activity Financial Services Committee to Consider Legislative Proposals as Banking Committee Prepares for Delayed Markup The Senate Banking Committee has rescheduled its markup of legislation to reform aspects of the financial services industry for May 21. While exactly what will be contained in the final legislation is unclear – and subject to change – … Continue Reading
Legislative Activity Senate to Vote on TRIA Reauthorization Bill, Federal Reserve Membership This week, the Senate is expected to consider a bill (S. 2244) that would reauthorize the Terrorism Risk Insurance Act (TRIA) for seven years, while making few changes to the current program. On July 10, Senate leadership agreed to a list of four … Continue Reading
On Tuesday, December 10, the Senate completed a series of procedural votes on the nomination of Rep. Mel Watt (D-NC) to head the Federal Housing Finance Agency (FHFA), voting 57-41 to confirm Rep. Watt as Director of the FHFA. The vote broke mostly along party lines. As Director, Rep. Watt has the authority to establish … Continue Reading
