President Obama travels to Michigan to visit the Daimler Detroit Diesel facility. On Thursday, he hosts a Hanukkah reception at the White House.

The House and Senate are both in session this week. The Senate convenes this afternoon and will continue its consideration of legislation (S. 3637) to extend a deposit insurance program.

The House meets tomorrow. There’s no major legislation on the calendar, though the House will hold a vote to go to a House-Senate conference on the defense authorization bill (H.R. 4310).

Senate Hearings: WEDNESDAY—A Finance subcommittee holds a hearing on “Tax Reform and Federal Energy Policy: Incentives to Promote Energy Efficiency.”

House Hearings: WEDNESDAY—An Energy and Commerce subcommittee holds a hearing on “Keeping the New Broadband Spectrum Law on Track.” THURSDAY—An Agriculture subcommittee considers derivatives reform. The Financial Services Committee holds a hearing on the Volcker Rule. The Intelligence Committee holds a closed meeting on “U.S. National Security Issues Posed by Chinese Telecommunications Companies Huawei and ZTE.” An Energy and Commerce subcommittee holds a hearing on implementation of the health care law. The Transportation and Infrastructure Committee holds a hearing on high-speed rail in the Northeast.

Executive Branch: Secretary of the Treasury Tim Geithner meets with an official from the Bank of England today.

Economic Reports: From The New York Times: “Data scheduled to be released include the trade deficit for October and wholesale trade for October (Monday); import prices for November (Wednesday); weekly jobless claims, retail sales for November, the Producer Price Index for November and business inventories for October (Thursday); and the Consumer Price Index for November and industrial production for November (Friday).” Additional information from The Washington Post is available here.

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