It’s another week of demonstrating leadership on the Gulf oil spill, while Congress also deals with the financial reform legislation, tax extenders and tax increases, and perhaps supplemental appropriations.
President Obama travels the Gulf coast today and Tuesday, visiting Gulfport, Miss., Theodore, Ala., and Pensacola, Fla., followed by a White House address Tuesday evening. On Wednesday, the President meets with BP Board Chairman Carl-Henric Svanberg at the White House. Later, the President addresses the American Nurses Association, his allies in pushing the government health-care expansion law.
The Senate convenes at 2 p.m. today and at 3 p.m. resumes debate on the House version of H.R. 4213, American Jobs and Closing Tax Loopholes Act, i.e., the tax extenders bill that increases taxes on companies with global operations.
The House convenes at 12:30 p.m. today. After the suspensions, this week will see floor action on H.R. 5297, the Small Business Lending Fund Act, as well as possible consideration of H.R. 5175, the DISCLOSE Act, to limit political speech, and H.R. 4899, the supplemental appropriations. For the floor schedule, go here.
The conference committee on H.R.4173, the Wall Street Reform and Consumer Protection Act, meets Tuesday at 11 a.m. For the full list of the week’s committee hearings, see the Daily Digest starting here.
Senate Hearings: Tuesday — Senate Homeland Security holds a hearing on comprehensive cybersecurity legislation. HELP Committee tries “Evaluating the Health Impacts of the Gulf of Mexico Oil Spill.” The energy subcommittee on Energy and Natural Resource holds a hearing on divers bills on energy efficiency and alternative energy sources, as well as S. 679 on heavy-duty hybrid vehicle R&D, S. 3233, the Surplus Uranium Disposition Act, and S. 2900, the Gas Turbine Efficiency Act. Wednesday – Appropriations, the defense subcommittee, hears from Defense Secretary Gates and Joint Chiefs of Staff Chairman Mullen on DOD’s budget estimates. A Homeland Security subcommittee meets about ensuring a “financially responsible recovery” from the Gulf spill. Thursday – The Senate Commerce Committee holds a hearing on the airline industry’s financial state and consolidation. The HELP Committee holds a hearing, “Leveling the Playing Field: Protecting Workers and Businesses affected by Misclassification,” considering independent contractors. Senate Judiciary Committee marks up S. 3466, requiring restitution for victims of criminal violations of the Federal Water Pollution Control Act, and votes on the nomination of Rhode Island trial lawyer and lead-paint litigator Jack McConnell to be a U.S. District Court judge.
House Hearings: Tuesday – An Energy and Commerce subcommittee hearing is called “Drilling Down On America’s Energy Future: Safety, Security And Clean Energy.” A Natural Resources subcommittee considers NOAA and Fish and Wildlife’s resources après Gulf oil spill. A Judiciary subcommittee asks rhetorically, “Is There Life After Trinko and Credit Suisse?: The Role of Antitrust in Regulated Industries.” Wednesday — The aviation subcommittee of House Transportation reviews the proposed United-Continental merger. The commerce subcommittee of House Energy and Commerce holds a hearing on H.R.4678, the Foreign Manufacturers Legal Accountability Act, and H.R.5156, the Energy Technology Manufacturing And Export Assistance Act. Ways & Means holds a hearing on China’s trade and industrial policies. A Science subcommittee looks at real-time forecasting for renewable energy development. Judiciary holds a hearing on airline competition and the United-Continental Airlines. The health subcommittee of Energy and Commerce looks into HHS’s actions concerning the health effects of the Gulf spill. Thursday – A Natural Resources subcommittee on Minerals Management Service regulations in light of the Deepwater Horizon accident. House Agriculture, General Farm Commodities and Risk Management Subcommittee, holds a hearing on U.S. farm safety net programs in advance of the 2012 Farm Bill. The oversight subcommittee of Energy and Commerce, a hearing on BP’s role in the oil spill. An Energy and Commerce subcommittee conducts a hearing on public safety broadband networks and H.R. 4829 on next generation 9-1-1- systems. A House Transportation subcommittee holds a hearing, “Foreign Vessel Operations in the U.S. Exclusive Economic Zone.”
Executive Branch: Commerce Secretary Locke addresses the U.S. Conference of Mayors in Oklahoma City today. The second round of Trans-Pacific Partnership trade negotiations is taking place in San Francisco.
Economic Reports: From WSJ.com: “The government will release housing-starts and building-permits data for May on Wednesday, with expectations the broader housing market will see a sluggish second half after benefiting for months on a tax credit. …Meanwhile, the Department of Labor on Thursday will report the May reading of the consumer price index…”
Leaders of the European Union meet in Brussels Thursday on the economy and financial reforms. It’s being called a summit; with 27 nations, it’s practically the Pyrenees.
It’s Flag Day today in the United States.
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