WEEKLY RUNDOWN

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Week of November 29, 2021

  • This week, the U.S. House of Representatives and U.S. Senate are in session for legislative business. Later in the week, both chambers are expected to consider another short-term Continuing Resolution to extend funding for the federal government past the expiration on Friday, December 3, 2021.
  • On Tuesday at 10:00 a.m., the Senate Banking, Housing, and Urban Affairs Committee holds a hearing titled, “Coronavirus Aid, Relief, and Economic Security (CARES) Act Oversight of Treasury and the Federal Reserve: Building a resilient Economy.” Witnesses will be: The Honorable Janet Yellen, Secretary, U.S. Department of Treasury; and The Honorable Jerome Powell, Chairman, Board of Governors, Federal Reserve System. The hearing will be livestreamed on the committee website. 
  • On Wednesday at 10:00 a.m., the House Financial Services Committee holds a hearing titled, “Oversight of the Treasury Department’s and Federal Reserve’s Pandemic Response.” Witnesses include: The Honorable Janet Yellen, Secretary, U.S. Department of Treasury; and The Honorable Jerome Powell, Chairman, Board of Governors, Federal Reserve System. The hearing will be livestreamed on the committee website.
  • On Wednesday at 10:15 a.m., the Senate Commerce, Science, and Transportation Committee meets in executive session to consider the nomination of Jessica Rosenworcel to serve another term as a commissioner on the Federal Communications Commission (FCC) and the nomination of Alvaro Bedoya to serve as a commissioner on the Federal Trade Commission. Following the executive session, the committee will hold a hearing on the nomination of Gigi Sohn to be a commissioner on the FCC. The markup session and hearing will be livestreamed on the committee website.
  • On Wednesday at 2:00 p.m., the Federal Reserve releases its Beige Book. Eight times a year, the Fed releases its Beige Book, a summary of current economic conditions for the 12 Federal Reserve Districts based on anecdotal information gathered through reports from Bank and Branch Directors and interviews with key business contacts, economists, market experts, and other sources.
  • There are no further public events on higher education finance-related issues.