The National Association of Manufacturers hosts its Manufacturing Summit in Washington, DC. The President meets with the Jobs and Competitiveness Council. The House and Senate are both back in the Capitol.
President Obama meets with the Jobs and Competitiveness Council today in Durham, NC. Tomorrow he travels to Puerto Rico. He hosts the congressional picnic on Wednesday, and Saturday he tees off with Vice President Biden, Speaker John Boehner, and Governor John Kasich.
The Senate gavels in today at 2 p.m. Tomorrow, it will vote on two nominees to serve as district court judges and then move to consideration of the Economic Development Revitalization Act (S. 782).
The House returns after a weeklong recess and will spend the week on appropriations bills. Later this week the House may consider patent reform, the America Invents Act (H.R. 1249). For more on the patent reform bill and what is complicating its House consideration, see here. The Senate passed its patent reform bill in March by a vote of 95 to 5.
Senate Hearings: WEDNESDAY—The Agriculture Committee looks at Title VII of the Dodd-Frank bill (dealing with the regulation of over the counter derivatives). The Environment and Public Works Committee holds a hearing on the Clean Air Act. EPA Administrator Lisa Jackson is expected to testify. The Banking Committee examines the soundness of banks. THURSDAY—The Banking Committee considers lending by credit unions. The Environment and Public Works Committee holds a hearing on “The Nuclear Regulatory Commission’s (NRC) Preliminary Results of the Nuclear Safety Review in the United States following the Emergency at the Fukushima Daiichi Power Plant in Japan.” The Small Business Committee looks at Small Business Administration Programs.
House Hearings: TUESDAY—An Energy and Commerce subcommittee holds a hearing on Yucca Mountain. A Small Business subcommittee holds a hearing on proposed hours of service trucking rules. A Science, Space and Technology subcommittee looks at the nation’s critical minerals strategy. The Rules Committee preps patent reform for the floor. WEDNESDAY—The Financial Services Committee hosts Secretary Tim Geithner at a hearing on the state of the international financial system. The Small Business Committee considers “Lifting the Weight of Regulations: Growing Jobs by Reducing Regulatory Burdens.” The Judiciary Committee marks up H.J. Res. 1, a balanced budget amendment. A Science, Space and Technology subcommittee reviews the Department of Energy’s Clean Energy Technology Programs. An Energy and Commerce subcommittee reconvenes a June 2 hearing on the new health care law’s regulatory burden. THURSDAY—An Energy and Commerce subcommittee looks at oil pipeline safety. The Science, Space and Technology Committee holds a hearing on Science, Technology, Engineering and Mathematics Education. A House Education and Workforce subcommittee asks “Is OSHA (Occupational Safety and Health Administration) Undermining State Efforts to Promote Workplace Safety?” A Natural Resources subcommittee holds a hearing on the “The National Petroleum Reserve Alaska Access Act.” A Small Business subcommittee examines the Dodd-Frank financial services bill’s effect on small business lending. The Financial Services Committee holds a hearing on
“Financial Regulatory Reform: The International Context.” FRIDAY—The Oversight and Government Reform Committee holds a field hearing on the “Unionization Through Regulation: The NLRB’s (National Labor Relations Board) Holding Pattern on Free Enterprise.”
Executive Branch: Today Agriculture Secretary Tom Vilsack and Energy Secretary Steven Chu speak about the 21st century energy grid. As noted in the hearing summaries above, Treasury Secretary Tim Geithner and EPA Administrator Lisa Jackson appear before Congress this week.
NAM News: Today NAM President and CEO Jay Timmons moderates a panel on “Manufacturing in the South” in Roanoke, Virginia. Panelists include Governors Bob McDonnell, Haley Barbour, Bev Perdue, and Bill Haslam. The Manufacturing Summit kicks off Wednesday.
Economic Reports: From the New York Times: “Data will include retail sales and the producer price index for May, and business inventories for April (Tuesday); consumer price index and industrial production and capacity utilization for May (Wednesday); housing starts for May, weekly jobless claims, current account deficit for the first quarter, and Philadelphia Fed manufacturing index for June (Thursday); and the Reuters/University of Michigan consumer confidence index for June, and leading economic indicators for May (Friday).” Washington Post summary of economic events this week here.
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