President Obama addresses the National Governors Association today. Tomorrow, he travels to Newport News, Va., to visit Newport News Shipbuilding. The event is part of the President’s effort urging Congress to avert the sequester, which will take effect at the end of the week.

The Senate gavels in at 2:00 p.m. when Sen. Kelly Ayotte (R-NH) will read Washington’s Farewell Address. Later this afternoon, the Senate will vote on a judicial nomination. The Senate could consider legislation addressing the sequester during the week.

The House convenes today and looks to have a fairly light schedule for the week. You can see the Majority Leader’s schedule here.

Senate Hearings: TUESDAY—The Finance Committee looks at the 10-year budget and economic outlook. The Banking Committee receives the Semiannual Monetary Policy Report from Federal Reserve Chairman Ben Bernanke. WEDNESDAY—The Health, Education, Labor and Pensions Committee holds a hearing on “Animal Drug User Fee Agreements: Advancing Animal Health for the Public Health.” The Agriculture Committee conducts an oversight hearing for the Commodity Futures Trading Commission.

House Hearings: TUESDAY—An Energy and Commerce subcommittee considers “Private-Sector Successes and Opportunities in Energy-Efficient Technologies.” A Science, Space and Technology subcommittee looks at “Cybersecurity R&D Challenges and Solutions.” An Education and Workforce subcommittee holds a hearing on “Putting America Back to Work: Reforming the Nation’s Workforce Investment System.” A Science, Space and Technology subcommittee holds a hearing on ethanol blends. WEDNESDAY—An Energy and Commerce subcommittee asks “Is the Broadband Stimulus Working?” The Financial Services Committee receives the monetary policy report from Federal Reserve Chairman Ben Bernanke. The Transportation and Infrastructure Committee examines the “Implementation of the FAA Reauthorization and Reform Act: One Year Later.” A Judiciary subcommittee looks at the E-Verify program. THURSDAY—A Judiciary subcommittee holds a hearing on “The Obama Administration’s Regulatory War on Jobs, the Economy and America’s Global Competitiveness.” An Energy and Commerce subcommittee looks at the Nuclear Regulatory Commission.

Executive Branch: Acting Treasury Secretary Neal Wolin delivers an address to the Chicago Council on Global Affairs about the President’s jobs plan. Vice President Biden speaks at a meeting of the National Governors Association. Secretary of State John Kerry is in the United Kingdom meeting with government officials there. Secretary Kerry is on a week-and-a-half-long trip that will take him through Europe and the Middle East.

Economic Reports: From The New York Times: “Data to be released this week include the Standard & Poor’s/Case-Shiller housing price index for December and the fourth quarter, new home sales for January and consumer confidence for January (Tuesday); durable goods for January and pending home sales for January (Wednesday); weekly jobless claims, fourth-quarter GDP (revised) and the Chicago PMI for February (Thursday); and personal income and spending for January, the Thomson Reuters/University of Michigan Consumer Sentiment Index for February, the ISM manufacturing index for February and construction spending for January (Friday).”

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