WASHINGTON (7/30/13)--There is no looming crisis as the U.S. Congress enters its final week before the August recess, and with a relatively simple agenda ahead, routine matters, including the potential approval of Richard Metsger's nomination to serve on the National Credit Union Administration board, could be taken care of this week.
Senate leaders announced last week that they intend to consider nominations for the Federal Bureau of Investigation and the National Labor Relations Board. The Credit Union National Association has also learned that the Metsger nomination and the nomination of Rep. Mel Watt (D-N.C.) to be head of the Federal Housing Finance Administration could also be considered before the end of the week.
Metsger's nomination could be considered under unanimous consent before the end of the week's session; the Watt nomination would likely be subject to a vote. "Nothing is set in stone on this; we continue to monitor this situation closely," CUNA Senior Vice President of Legislative Affairs Ryan Donovan said Monday.
The Senate is expected to consider the Transportation, Housing and Urban Development and Related Agencies Appropriations bill (S. 1243), and the House could hold votes on student lending, transportation and housing appropriations, energy, health care and regulatory relief measures this week. The regulatory relief bill, known as the Regulations from the Executive in Need of Scrutiny--or "REINS" Act (H.R. 367), would require the U.S. Congress to approve all federal agency rules that would have an economic impact of more than $100 million.
Items on a light committee schedule include:
Today's Senate Banking Committee hearing entitled "Mitigating Systemic Risk in Financial Markets through Wall Street Reforms;"
A Wednesday Joint Economic Committee hearing on how tax reform can boost economic growth; and
A Wednesday Senate Finance Committee hearing on energy tax reforms.