Dispatch from the Front: The Week of July 6

Congress returns from a week’s break, President Obama goes multicontinental, and dominating the public policy debate as they are, health care and climate change will soon be combined into a single category — “climate care.” The Al Franken Week begins Tuesday.

NAM President John Engler testifies Thursday at a rescheduled hearing on the Export Administration Act, i.e., export controls. The meeting of the Subcommittee on Terrorism, Nonproliferation and Trade of House Foreign Affairs starts at 10 a.m.

The House convenes at 2 p.m. Tuesday with a score of consent calendar items (happy millennium, Lithuania!). Bills scheduled for floor action Wednesday include H.R. 2965, Enhancing Small Business Research and Innovation Act; H.R. 2701, the intelligence authorization; H.R. 2997 H.R. 3081, Department of State appropriations; and possibly H.R. 3082, military construction and veterans affairs appropriations. For more, see the Majority Leader’s weekly report.

The Senate convenes today at 2 p.m. and continues consideration of H.R. 2918, the legislative branch appropriations. Sen. Al Franken (D-MN) will be sworn in Tuesday at 12:15 p.m., with Sen. Klobuchar and former Vice President Mondale accompanying him.  The 60-vote Democratic majority will again raise the profile of the Employee Free Choice Act.

President Obama arrives today in Moscow, meeting with many leaders including President Medvedev and Prime Minister Putin. The President also plans a major speech at the New Economic School on Tuesday on U.S.-Russia relations. (Since the media will no doubt mention it, here’s Ronald Reagan’s 1988 speech at Moscow State University.) On then to Rome for various meetings before heading to L’Aquila for the G8 and the G8+5, which will also include a bilateral chat with President Hu of the People’s Republic of China. Friday it’s back to Rome for a meeting with Pope Benedict, and then on to Ghana for meetings and a speech. (For the full run-down, see the White House briefing.)

The SEC is expected to release a legislative proposal for corporate governance and shareholder rights on Thursday. (Article.)

Senate Hearings: A Senate Banking, Housing and Urban Affairs subcommittee holds a hearing Tuesday, “Public Transportation: A Core Climate Solution.” (As opposed to a core transportation solution, apparently.) Senate EPW on Tuesday, “Moving America toward a Clean Energy Economy and Reducing Global Warming Pollution: Legislative Tools,” with testimony from DOE Secretary Chu, Ag Secretary Vilsack, EPA Administrator Jackson, Gov. Haley Barbour and Rich Wells, VP for energy for the Dow. Senate Finance Committee on Wednesday morning reviews the international trade considerations of climate change legislation. Wednesday afternoon, the European Affairs subcommittee of Foreign Relations reviews, “Industrial Competitiveness Under Climate Policies: Lessons From Europe.” On Thursday, an EPW subcommittee holds an oversight hearing about EPA’s clean air regulations.

House Hearings: The oversight subcommittee of Energy and Commerce holds a hearing Wednesday on the regulation of bottled water. A separate subcommittee considers the proposed consumer financial protection agency and the FTC. The full House Foreign Affairs Committee on Wednesday holds a hearing on the proposed U.S.-UAE nuclear cooperation agreement (which the NAM supports). House Oversight considers waste, fraud and abuse of stimulus money, with Govs. O’Malley, Patrick & Rendell testifying. House Small Business considers the physician shortage and small medical providers; on Thursday, a subcommittee reviews the R&D tax credit. Thursday a House Agriculture subcommittee meets on rural broadband programs. A Science and Technology subcommittee on Thursday holds a hearing, “Technology Research and Development Efforts Related to the Energy and Water Linkage.”

Executive Branch: Commerce Secretary Gary Locke makes his first overseas trip, accompanying President Obama to Moscow. Locke participates in a private sector Business Summit where U.S. and Russian business leaders talk about bilateral commercial cooperation.

Economic Reports: From Briefing.com: “A rather light Economic Calendar is highlighted by the Trade Balance report for May [Friday] as well as the latest reading on ISM Services and the weekly update on Initial Unemployment claims.”

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