Dispatch from the Front: The Week of October 13

By October 13, 2008General

Today is Columbus Day, a federal holiday, and the NAM offices are closed, but Wall Street is open. President Bush welcomes and holds a variety of meetings today with the Italy’s prime minister, Silvio Berlusconi. Gas is down, the economy is over, under, sideways down. When will it end?

NAM President John Engler speaks over the noon hour to the Detroit Economic Club. You can watch the speech online at the NAM’s homepage.

On Wednesday, the final presidential debate takes place at Hofstra University.

Congressional Hearings: The Senate Agriculture Committee holds a hearing Tuesday on the role of financial derivatives in the current financial crisis. The House Agriculture Committee holds a hearing Wednesday to review the role of credit derivatives in the U.S. economy. Details.

Executive Branch: This morning, Interim Assistant Secretary for Financial Stability Neel Kashkari makes remarks on the implementation of the Emergency Economic Stability Act, speaking at the Institute of International Bankers. (For Treasury official’s public schedule for the week, go here.) Labor Secretary Chao speaks Tuesday in Orlando to the Central Florida Human Resources Association. Commerce Secretary Gutierrez is a speaker Wednesday in D.C. at the inaugural “Green India” summit sponsored by the U.S.-India Business Council and Confederation of Indian Industry. (News release.) On Friday, U.S. Trade Representative Susann Schwab is in Palm Springs to address the 2008 National District Export Council Conference.

Economic Reports: On Wednesday, the Bureau of Labor Statistics releases the Producer Price Index for September; on Thursday, BLS releases September’s Consumer Price Index.

And that’s the shapes of things to come!

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