Week InAdvance August 4, 2014

 

Relevant Congressional Activity  |  Relevant Agency Activity

With legislative action still pending on an emergency border funding supplemental, both chambers of Congress will be dark for the five-week August recess.

 

After a September 8th return, Majority Leader Harry Reid plans to once again adjourn the Senate by September 23, 2014, giving lawmakers more time to campaign, but only two weeks and two days to wrap up work on items such as reauthorization of the Export-Import Bank and Department of Defense programs, as well as bills dealing with internet taxation and a constitutional amendment on campaign finance. The chamber's top priority will be to pass a bill to ensure funding for the federal government when the fiscal year ends September 30, 2014.

 

The House is also set to return from the August recess on Monday, September 8, 2014.

 

On Wednesday, August 6, 2014, Commodity Futures Trading Commission ("CFTC") Commissioner Scott O'Malia is expected to step down to become chief executive officer of the International Swaps and Derivatives Association ("ISDA").

RelevantCongressionalActivityRelevant Congressional Activity

 

Congress is in recess this week.

RelevantAgencyActivityRelevant Agency Activity

 

Department of the Treasury

On Tuesday, August 5, 2014, the Treasury's Debt Management Advisory Committee will hold a meeting at the Hay-Adams Hotel in Washington with the Treasury Borrowing Advisory Committee of the Securities and Financial Markets Association ("SIFMA").

 

On Thursday, August 7, 2014, the Treasury's Departmental Offices ("DEPO") will hold a meeting of the Federal Advisory Committee on Insurance to discuss its renewed charter, bylaws, identifying and forming subcommittees, and pending issues of concern to members, including matters of regulatory modernization and international standard-setting.

 

Securities and Exchange Commission

On Thursday, August 7, 2014, the SEC will hold a closed meeting to consider institution and settlement of injunctive actions, institution and settlement of administrative proceedings and other matters relating to enforcement proceedings.