Happy Memorial Day!
President Obama marks Memorial Day with events at the White House, Arlington National Cemetery and the Vietnam War Memorial. On Tuesday, he will award the Presidential Medal of Freedom to 13 individuals. On Wednesday, he signs the reauthorization of the Export-Import Bank. On Thursday, former President George W. Bush and Laura Bush will join President Obama for the unveiling of their official portraits. The President concludes the week with a visit to a Honeywell facility in Minnesota.
The House is out until Wednesday when it will consider a number of bills on the suspension calendar, including the reauthorization of the Food and Drug Administration (H.R. 5651). During the rest of the week, the House will focus primarily on appropriations legislation, beginning with the military construction and veterans affairs bill (H.R. 5854) and then the energy and water measure (H.R. 5325). You can see the Majority Leader’s calendar here.
The Senate is off this week.
House Hearings: THURSDAY—A Science, Space and Technology subcommittee holds a hearing on the President’s proposal for a National Network for Manufacturing Innovation. Two Energy and Commerce subcommittees conduct oversight of the Nuclear Regulatory Commission. An Education and Workforce subcommittee holds a hearing on the “Barrier to Lower Health Care Costs for Workers and Employers.” An Energy and Commerce subcommittee looks at “International Proposals to Regulate the Internet.” A Small Business subcommittee examines the impact of the estate tax on small businesses. A Judiciary subcommittee conducts oversight of divisions of the Department of Justice, including the Environment and Natural Resources Division. FRIDAY—A Financial Services subcommittee holds a hearing on “Cyber Threats to Capital Markets and Corporate Accounts.” A Natural Resources subcommittee holds a hearing on “Obama Administration’s Actions Against the Spruce Coal Mine: Canceled Permits, Lawsuits and Lost Jobs.” A Judiciary subcommittee looks at the impact of the Class Action Fairness Act.
Executive Branch: Today, Cabinet members are participating in Memorial Day activities. Tomorrow, Secretary of Defense Leon Panetta addresses the graduating class of the Naval Academy.
Economic Reports: From the New York Times: “Data to be reported this week will include: the Standard & Poor’s/Case-Shiller home price index for March and consumer confidence for May (Tuesday); pending home sales for April (Wednesday); ADP employment for May, weekly jobless claims, first-quarter gross domestic product (revised) and the Chicago purchasing managers index for May (Thursday); and unemployment for May, personal income and spending for April, the Institute of Supply Management manufacturing index for May, and construction spending for April (Friday).”
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