Weekly RundownPosted by on July 15, 2013
This week we'll hold two major full committee hearings. Be sure to check back here on the Bottom Line Blog -- and sign up for our email updates -- for more information throughout the week.
Here's what's happening:
On Wednesday, the full committee welcomes Federal Reserve Chairman Ben Bernanke at 10 a.m. for the July Humphrey-Hawkins hearing. The Fed Chief's testimony, as well as his accompanying semi-annual Monetary Policy Report, will be released at 8:30 a.m. on Wednesday by the Federal Reserve. This is a change from earlier practice when the testimony and report were not released until the scheduled start of the hearing.
On Thursday, the full committee meets again at 1 p.m. to review the discussion draft (.pdf) of the Protecting American Taxpayers and Homeowners (PATH) Act. Committee leaders released details of the PATH Act last week. The legislation would end the taxpayer bailout the GSEs, protect and reform the FHA, and create a sustainable housing finance system.