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Financial Services Report

Looking Ahead Near Term Despite strong rumors last week, the Financial CHOICE Act will not be on the House floor this week.   Leadership was reportedly whipping the bill last week and it now appears that the legislation will be on the floor sometime in June. There are no hearings this week in the House Financial Services Committee, though Majority staff will be busy deposing a CFPB staffer. The Senate Banking Committee is expected to hold an executive session on Tuesday morning to pass out a series of nominations. The White House Budget for next year is expected to be released on Tuesday.

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Health Policy Report

The Week in Review Another eventful week in Washington was headlined by additional developments with the ongoing investigation into the Trump White House over its alleged connections to the Kremlin during the 2016 presidential campaign. Last week, Deputy Attorney General Rod Rosenstein named former Federal Bureau of Investigation Director Robert Mueller as a special counsel to oversee the Bureau’s investigation. Mueller, who is considered nonpartisan by most lawmakers, will have a considerable degree of authority in carrying out the probe, including any possible laws violated by President Trump’s firing of FBI Director James Comey earlier this month.