President Obama returned from Colombia last night. On Tuesday, he hosts NASCAR drivers at the White House. On Wednesday, he travels to Cleveland, Ohio, to speak about the economy. He is back in Washington on Thursday and hosts the NCAA football champions, the University of Alabama. The President rounds out the week by hosting the Wounded Warrior Project’s Soldier Ride.
The House reconvenes at 2 p.m. and will vote on several noncontroversial measures. Highlights for the remainder of the week include a bill that would extend surface transportation programs through the end of the fiscal year. This bill also includes provisions mandating the approval of the Keystone XL pipeline. The House will also consider legislation (H.R. 9) that would reduce taxes on small businesses.
Senate Hearings: TUESDAY—The Banking Committee holds a hearing on the Export-Import Bank. David Ickert of NAM member company Air Tractor testifies. An Environment and Public Works subcommittee conducts a “Review of Mercury Pollution’s Impacts on Public Health and the Environment.” A Commerce subcommittee holds a hearing on “Promoting American Competitiveness: Filling Jobs Today and Training Workers for Tomorrow.” THURSDAY—The Health, Education, Labor and Pensions Committee looks at delays in the Occupational Safety and Health Administration’s standard-setting process.
House Hearings: MONDAY—An Energy and Commerce subcommittee marks up the Gasoline Regulations Act and the Strategic Energy Production Act. TUESDAY—The Science, Space and Technology Committee holds a hearing on “Tapping America’s Unconventional Oil Resources for Job Creation and Affordable Domestic Energy: Technology and Policy Pathways.” The Education and Workforce Committee holds a hearing on the Workforce Investment Improvement Act (H.R. 4297). A Foreign Affairs subcommittee looks at the Increasing American Jobs Through Greater Exports to Africa Act (H.R. 4221). WEDNESDAY—An Energy and Commerce subcommittee considers Food and Drug Administration User Fees. A Judiciary subcommittee holds a hearing on E-Verify. The Small Business Committee considers “The Tax Outlook for Small Businesses.” A Science, Space and Technology subcommittee holds a hearing on “Avoiding the Spectrum Crunch: Growing the Wireless Economy through Innovation.” THURSDAY—A Science, Space and Technology subcommittee looks at the “Impact of Tax Policies on the Commercial Application of Renewable Energy Technology.” An Energy and Commerce subcommittee reviews the Domestic Fuels Protection Act (H.R. 4345). A Small Business subcommittee looks at equity financing for small businesses. An Energy and Commerce subcommittee asks “Can American Manufacturing Thrive Again?” The NAM’s Small and Medium Manufacturers Group Chair Kellie Johnson, president of ACE Clearwater Enterprises, testifies. A Natural Resources subcommittee examines the “Bureau of Land Management’s Hydraulic Fracturing Rule’s Impacts on Indian Tribal Energy Development.”
Executive Branch: Secretary of State Hillary Clinton is in Brazil today for the U.S.-Brazil Global Partnership Dialogue. On Wednesday, she travels to Brussels, Belgium, for a NATO meeting. On Friday, Commerce Secretary John Bryson will deliver a speech on commercial relations between the U.S. and China.
Economic Reports: From the New York Times: “Data will include retail sales for March and business inventories for February (Monday); housing starts and industrial production for March (Tuesday); weekly jobless claims, home resales for March, leading economic indicators for March, and the Philadelphia Fed index (Thursday).”
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