President Obama visits a manufacturer in Iowa, and Senate leaders huddle with the President on the debt ceiling.
Today, President Obama meets with Senate Majority Leader Harry Reid (D-NV) and later with Minority Leader Mitch McConnell (R-KY). On Tuesday, the President visits another manufacturer—the Alcoa Davenport Works in Iowa. On Thursday, the President says goodbye to Defense Secretary Robert Gates in remarks at the Pentagon.
The Senate gavels in tomorrow afternoon and is scheduled to hold a procedural vote on the nomination of James Cole to serve as deputy attorney general. The Senate will likely pass a short-term Federal Aviation Administration (FAA) reauthorization—the previous short-term extension expires at the end of this week. Also on the radar: patent reform. Now that the House and Senate have passed a bill, it’s time to reconcile the differences between the two versions and produce a final bill.
More from The Hill here.
The House is out this week.
Senate Hearings: MONDAY—The Commerce Committee holds a field hearing in West Virginia on “Making it in America: Innovate Locally, Export Globally.” TUESDAY—An Environment and Public Works subcommittee surveys the damage arising from the Deepwater Horizon spill. WEDNESDAY—A Banking subcommittee holds a hearing on swap execution facilities. The Judiciary Committee looks at “How the Supreme Court’s Recent Rulings Will Affect Corporate Behavior.” THURSDAY—The Senate Finance Committee considers deficit reduction. A Banking subcommittee looks at Export-Import Bank reauthorization. An Environment and Public Works subcommittee holds a hearing on “Oversight: Review of EPA Regulations Replacing the Clean Air Interstate Rule and the Clean Air Mercury Rule.” The Banking Committee receives testimony from FDIC Chair Sheila Bair.
Executive Branch: The Vice President joins the President in his meeting with Senate leaders on the debt ceiling. Treasury Secretary Tim Geithner addresses the U.S.-India economic relationship on Monday.
Economic Reports: From the New York Times: “Data will include personal income and spending for May (Monday); S.& P./Case-Shiller housing price index for April and consumer confidence for June (Tuesday); Pending home sales for May (Wednesday); weekly jobless claims and the Chicago purchasing managers index for June (Thursday); and the Thomson Reuters/University of Michigan consumer sentiment index for June, automakers report North American sales for June, the I.S.M. manufacturing index for June and construction spending for May (Friday).”
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