The House will finish up consideration of its second appropriations “
minibus” early in the week before turning to the three more bills: (1) a supplemental appropriations bill to provide funding for border crisis; (2) legislation to secure our elections; and (3) the
Financial Services and General Government (FSGG) spending bill. If past is precedent there is a good chance that there could be a significant number of amendments to the FSGG, though as of this writing only twenty-four (24)
have been filed (though the deadline is 5pm today).
This week also marks the premier of the Financial Services Committee Task Forces on Financial Technology and Artificial Intelligence will hold their inaugural hearings on Tuesday and Wednesday respectively. Also this week, the Diveristy and Inclusion Subcommmittee will hold a hearing on the asset management industry, while the full Committee will mark-up the Ex-Im bill as well as a Housing measure. In the Energy and Commerce Committee there will be a subcommittee mark-up of a bipartisan deal on legislation to
Stop Robocalls.
The Senate will continue to debate the National Defense Authorization Act (NDAA) while the Senate Banking Committee will old two hearings this week. One on Fannie and Freddie and the other on Ex-Im. Meanwhile the Senate Commerce Committee continues its work on privacy with a hearing on internet platforms.
Continue reading “Financial Services Report (6/24)”