Removing Barriers Blog

Congress Eyes End of 114th Congress

This week could see the end of the 114th Congress.  Both chambers are in session with a December 9 deadline for funding the government further into the fiscal year.  There are a number of incentives to wrapping up work this week and skipping town for the remainder of the year, not the least of which is the anticipation many hold that the legislative gears will be greased next year by the new Congress and new administration.  

In addition to the funding resolution and several noncontroversial bill which will be considered under suspension of the rules, the House will consider H.R. 5143, the Transparent Insurance Standards Act of 2016, and legislation to address the water crisis in Flint, Michigan.  The Senate is expected to consider H.R.34, the 21st Century Cures Act, and legislation reauthorizing defense spending.

There are two hearings on our radar screen this week:

  • On Wednesday, the House Financial Services Committee Monetary Policy and Trade Subcommittee will hold a hearing on "Unconventional Monetary Policy."
  • On Thursday, the House Financial Services Committee Capital Markets and Government Sponsored Enterprises Subcommittee will hold a hearing on "The Impact of Regulations on Short-Term Financing,"