Cloakroom: September 29 – October 5

House Cloakroom

Analysis: On Saturday, the House did its part to take a government shutdown off the table by passing a bill that funded the government while delaying the implementation of Obamacare for one year. This week’s schedule is fluid as the House will wait for the Senate to act on the funding bill before October 1, when the government would shut down and enrollment for the Obamacare exchanges begins.

Major Committee Action:

• The House Committee on the Judiciary will hold a hearing entitledDodd – Frank’s Impact on Competition in the Financial Industry.
• The House Committee on the Judiciary will hold a hearing entitledThe President’s Constitutional Duty to Faithfully Execute the Laws.
• The House Committee on Oversight and Government Reformwill hold a hearing entitled Oversight of the Wind Energy Production Tax Credit.
• The House Committee on Transportation and Infrastructure will hold a hearing entitled FEMA Reauthorization: Ensuring the Nation is Prepared.

Analysis: When the Senate returns on Monday, it will consider the latest government funding bill passed by the House. Over the weekend, Harry Reid proclaimed the bill as amended by the House is dead on arrival. Reid has several ways to maneuver through the bill, but time is limited because the Senate was not in this weekend.

Major Committee Action:

• The Senate Committee on Banking, Housing, and Urban Affairswill have a hearing entitled
• Rebuilding American Manufacturing.
• The Senate Committee on Banking, Housing, and Urban Affairswill have a hearing entitled Housing Finance Reform: Fundamentals of a Functioning Private Label Mortgage Backed Securities Market.
• The Senate Committee on Agriculture, Nutrition, and Forestry will hold a hearing entitled Advanced Biofuels: Creating Jobs and Lower Prices at the Pump.