Week of February 21, 2017
· This week, both the U.S. House of Representatives and U.S. Senate are in recess for the Presidents’ Day holiday. Both chambers will return to legislative business on Monday, February 27, 2017.
· On Wednesday through Friday, all day, the U.S. Department of Education’s National Advisory Committee on Institutional Quality and Integrity holds a meeting to elect a new chair and vice-chair, convenes a panel discussion on outcome measures, revisits how it will proceed in its review of accrediting agencies at future meetings, and considers a compliance report involving the Western Association of Schools and Colleges, Accrediting Commission for Community and Junior Colleges.
· On Wednesday at 12:00 p.m., The Heritage Foundation hosts a panel discussion titled, “Reawakening the Congressional Review Act.” The Congressional Review Act of 1996 (CRA) is Congress’s most recent effort to exert its authority over the federal regulatory process. The Act requires the Executive Branch to report every rule to the House of Representatives and Senate, and allows each chamber to move a resolution repealing the regulation with a simple majority vote. Participants include: David McIntosh, President, Club for Growth, and former U.S. Representative from Indiana; Todd Gaziano, Executive Director, Senior Fellow in Constitutional Law, Pacific Legal Foundation; Paul Larkin, Senior Legal Research Fellow, Institute for Constitutional Government; and John Malcolm, Director, Edwin Meese III Center.
· On Wednesday at 1:00 p.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled, “The Economic Outlook and Monetary Policy,” at the Forecaster’s Club of New York Luncheon in New York, NY.
· On Wednesday at 2:00 p.m., the Federal Reserve’s Federal Open Markets Committee (FOMC) releases the minutes of its two-day meeting held January 31 – February 1.