Removing Barriers Blog

The Week Ahead in Washington - October 30, 2017
Posted October 30, 2017 by CUNA Advocacy

Both the House and Senate are in session this week.  The House is expected to take up the H.R. 2936, the Resilient Federal Forests Act of 2017, and H.R. 849, Protecting Seniors' Access to Medicare Act of 2017.  The Senate is expected to take up the nominations of several circuit court judgeships.  The big news will be the release on Wednesday of the long anticipated House Ways and Means tax reform legislation.  Please stay tuned as CUNA will provide details and analysis in a rapid, yet deliberative, manner.

Also on Wednesday, all House Republicans will be asked to attend a tax reform education session.  The multi-day markup of the tax bill will start on November 6th in the Ways and Means Committee.  The following week, the week of November 13th, the full House of Representatives will vote on the tax bill.

The Senate Finance Committee is expected to act a bit slower in its consideration of its own version of tax reform.  The Committee is expected to markup its tax reform bill the week of November 13th with Senate floor consideration the week of November 20th.  Once passed out of the Senate, both House and Senate negotiators will attempt to reconcile their differing tax bills.  During the week of December 18th, we expect House and Senate passage of the tax reform conference report.  They plan to have the legislation signed into law by the president before Christmas.

It is also important to remember that government funding expires on December 8th.  This deadline will necessitate separate legislative action to avoid a government shutdown.  This may interfere with tax reform plans.

 

Hearings

Wednesday

  • The Senate Banking, Housing and Urban Affairs Committee will hold a hearing on Export-Import Bank Nominations.
  • The House Committee on Appropriations Subcommittee on State, Foreign Operations, and Related Programs will hold a hearing called, “Accountable Soft Power in the National Interest.”  The Committee will hear testimony from the Honorable Mark Green, Administrator, U.S. Agency for International Development.
  • The House Committee on Energy and Commerce Subcommittee on Digital Commerce and Consumer Protection will hold a hearing: “Securing Consumer’s Credit Data in the Age of Digital Commerce.
  • The House Committee on Financial Services Subcommittee on Oversight and Investigations will hold a hearing: “Examining the Community Development Block Grant-Disaster Recovery Program.
  • The House Committee on Financial Services Subcommittee on Financial Institutions and Consumer Credit will hold a hearing: “Data Security: Vulnerabilities and Opportunities for Improvement.”

Thursday

  • The House Committee on Financial Services Subcommittee on Housing and Insurance will hold a hearing: “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part II.”

Friday

  • The House Committee on Financial Services Subcommittee on Capital Markets, Securities, and Investment will hold a hearing: “Legislative Proposals to Improve Small Businesses’ and Communities’ Access to Capital.”