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Monday, June 19, 2017

This Week in Legislation - Week of June 19, 2017

 
Week of June 19, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. While neither chamber is expected to consider student financial aid-related legislation, the House will consider H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act, which would reauthorize the Carl D. Perkins Career and Technical Education Act that provides funds to states, community colleges, and high schools to improve and promote career and technical education programs.
·         On Tuesday starting at 8:30 a.m., the U.S. Chamber of Commerce Foundation, Gallup, and the American Institutes for Research (with the support of Strada Education Network) host an event to highlight their “Launch My Career” tool. Launch My Career, a state-specific consumer information resource for traditional and nontraditional students, was launched in 2016 to provide program-level outcomes information. The event will highlight how to use the tool to help students identify personally and professionally satisfying career pathways, as well as how the education and business communities can work together to promote these pathways for students. Participants in the event include: Cheryl Oldham, Senior Vice President, Center for Education and Workforce, U.S. Chamber of Commerce Foundation; Mark Schneider, Vice President and Institute Fellow, American Institutes for Research, and President, College Measures; Brandon Busteed, Executive Director, Education and Workforce Development, Gallup; Amelia Bozeman, Executive Director, Business Education Partnership Foundation; Laura Chrisco, Director of Design and Implementation for Texas OnCourse, University of Texas at Austin; Kim Clark, Senior Writer, Money Magazine; Paul Fain, News Editor, Inside Higher Ed; and Robin Wise, President and Chief Executive Officer, Junior Achievement - Rocky Mountain, Inc.
·         On Tuesday at 10:00 a.m., the Bipartisan Policy Center (BPC) hosts a discussion titled, “Promoting Affordability and Accountability in the U.S. Higher Education System.” The discussion will focus on how states, institutions of higher education, and the federal government can work to promote affordability and accountability. Participants include: The Honorable Tim Scott (R-SC); Sheila Bair, Former President, Washington College, and Former Chair, Federal Deposit Insurance Corporation; Mitch Daniels, President, Purdue University, and Former Governor, State of Indiana; Dr. Mariko Silver, President, Bennington College; Dr. Alisa White, President, Austin Peay State University; and moderator Kimberly Hefling, Senior Education Writer, Politico.
·         On Tuesday at 10:00 a.m., the Senate Judiciary Committee holds a hearing entitled, “Free Speech 101: The Assault on the First Amendment on College Campuses.” Witnesses include: Zachary Wood, Student, Williams College; Frederick Lawrence, Secretary and Chief Executive Officer, Phi Beta Kappa Society; Isaac Smith, Student, University of Cincinnati College of Law; Dr. Fanta Aw, Interim Vice President of Campus Life, American University; Professor Eugene Volokh, Gary T. Schwartz Distinguished Professor of Law, University of California Los Angeles School of Law; Richard Cohen, President, Southern Poverty Law Center; and Floyd Abrams, Senior Counsel, Cahill Gordon & Reindel LLP.
·         On Tuesday at 10:30 a.m., the Brookings Institution hosts a discussion titled, “The Lamppost Theory: Why Economic Policy So Often Comes up Short.” The event will discuss what politicians and economists can learn from each other, and what this all means for the prospects for tax reform in 2017. Participants include: Alan Blinder, Visiting Fellow, Brookings Institution; Former Rep. Barney Frank (D-MA); Vin Weber, Partner, Mercury, LLC; and moderator David Wessel, Director, the Hutchins Center on Fiscal and Monetary Policy.
 
·         On Tuesday at 12:45 p.m., House Speaker Paul Ryan (R-WI) delivers his first major speech on tax reform during an address at the National Association of Manufacturers 2017 Manufacturing Summit: The Resilience of the American Economy. Following his speech, Speaker Ryan will participate in a question and answer session.
 
·         On Tuesday at 2:30 p.m., the Senate Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the Federal Communications Commission (FCC). Witnesses include: The Honorable Ajit Pai, Chairman, FCC; The Honorable Mignon Clyburn, Commissioner, FCC; and The Honorable Michael O’Rielly, Commissioner, FCC.
·         On Wednesday at 10:00 a.m., the Senate Homeland Security and Governmental Affairs Committee considers the nominations of Russell Vought to serve as the Deputy Director of the Office of Management and Budget (OMB) and Neomi Rao to serve as the Administrator of the Office of Information and Regulatory Affairs at OMB.
 
·         On Wednesday at 2:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget request for the Office of Management and Budget. The sole witness will be The Honorable Mick Mulvaney, Director, OMB.
 
·         On Thursday at 10:00 a.m., the Consumer Financial Protection Bureau (CFPB) hosts a public event on student loan servicing at North Carolina State University in Raleigh, NC. The event will feature remarks from CFPB Director Richard Cordray and North Carolina Attorney General Josh Stein.
·         On Thursday at 10:00 a.m., the Senate Banking, Housing, and Urban Affairs Committee holds a hearing entitled, “Fostering Economic Growth: Regulator Perspective.” Witnesses include: The Honorable Jerome Powell, Member, Federal Reserve System Board of Governors; The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Mark McWatters, Acting Chairman, National Credit Union Administration; Keith Noreika, Acting Comptroller, Office of the Comptroller of the Currency; and Charles Cooper, Commissioner, Texas Department of Banking, on behalf of the Conference of State Bank Supervisors.
 
·         On Thursday at 1:30 p.m., Education Secretary Betsy DeVos delivers remarks at an event hosted by the National Archives titled, “National Conversation on Rights and Justice: Building a More Perfect Union.” The Secretary will speak during a session regarding “Enlightened and Engaged: Education for Democracy?”
 
·         On Friday at 2:15 p.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled Central Clearing and Liquidity” at the Federal Reserve Bank of Chicago Symposium on Central Clearing in Chicago, IL.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.
 

Tuesday, June 13, 2017

This Week in Legislation - Week of June 12, 2017

Week of June 12, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation. This week, the Trump Administration is expected to hold a series of events focused on expanding apprenticeship program for blue-collar workers, including announcing new executive actions to promote job training.
 
·         Today at 4:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the U.S. Department of Treasury. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday and Wednesday, all day, the Federal Reserve holds a two-day meeting of its Federal Open Market Committee. The minutes for each regularly scheduled meeting of the Committee, which include a description of economic and financial conditions, are made available three weeks after its policy decisions are posted in the Federal Reserve Board’s Annual Report.
·         On Tuesday at 10:00 a.m., the Senate Budget Committee holds a hearing on the U.S. Department of Treasury’s Fiscal Year 2018 budget proposal. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday at 2:00 p.m., the House Judiciary Subcommittee on the Constitution and Civil Justice holds a hearing entitled, “Lawsuit Abuse and the Telephone Consumer Protection Act.” Witnesses include: Rob Sweeney, Founder and Chief Executive Officer, Mobile Media Technologies; Becca Wahlquist, Partner, Snell and Wilmer; Hassan Zavareei, Partner, Tycko and Zavareei, and Adonis Hoffman, Founder and Chairman, Business in the Public Interest. 
 
 
·         On Wednesday starting at 9:00 a.m., the American Enterprise Institute (AEI) hosts a discussion on a new report analyzing how marriage, childbearing, and the “success sequence” are linked to financial well-being and how policymakers, educators, and other civic leaders can promote smart choices among today’s young adults. The event titled, “Millennials and the ‘Success Sequence’: How do Education, Work, and Marriage Affect Poverty and Financial Success Among Millennials?”, features Wendy Wang, Senior Researcher, Insight Research Consulting; W. Bradford Wilcox, Visiting Scholar, AEI; Ron Haskins, Senior Fellow, Brookings Institution; Annie Lowrey, Contributing Editor, The Atlantic; Ian Rowe, Chief Executive Officer, Public Prep Network; Michael Farkosh, Director of Curriculum and Assessment, Girls Prep Bronx Middle School; Kesi Wilson, Alumni, Girls Prep Bronx Middle School, and Graduate, Philips Exeter Academy; and Daisha Rivas, Student, Girls Prep Bronx Middle School.
·         On Thursday at 9:30 a.m., the Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management holds a hearing entitled, “Agency Approaches to Reorganization: Examining the Office of Management and Budget’s Memorandum on the Federal Workforce.” In this hearing, the subcommittee will examine the processes that agencies are pursuing to reorganize, streamline, and make their operations and organizational structures more effective. Witnesses include: The Honorable Ellen Herbst, Chief Financial Officer and Assistant Secretary for Administration, U.S. Department of Commerce; Lee Lofthus, Assistant Attorney General for Administration Justice Management Division, U.S. Department of Justice; Don Bice, Associate Director, Office of Budget and Program Analysis, U.S. Department of Agriculture; and Michael Stough, Director, Program Analysis and Evaluation Division, Office of the Chief Financial Officer, U.S. Department of Homeland Security.
 
·         On Thursday at 10:00 a.m., the House Education and the Workforce Subcommittee on Higher Education and Workforce Development holds a hearing entitled, “Helping Americans Get Back to Work: Implementation of the Workforce Innovation and Opportunity Act.” Witnesses will be announced at a later date. 
·         On Thursday at 11:00 a.m., the Senate Veterans Affairs Committee meets to consider S. 410, the Shawna Hill Post 9/11 Education Benefits Transferability Act; S. 473, the Educational Development for Troops and Veterans Act; and S. 882, to amend title 38, United States Code, to provide for the entitlement to educational assistance under the Post-9/11 Educational Assistance Program of the Department of Veterans Affairs for members of the Armed Forces awarded the Purple Heart.
·         On Thursday at 11:00 a.m., National Journal hosts a free webinar titled, “What’s Next for Financial Reform?”, which will address whether the Trump Administration will embrace the Financial CHOICE Act or pursue its own plan, and outline what to expect in finance policy going forward. National Journal participants include: Hunter Hamrick, Finance Policy and Data Visualization Fellow; Francis Torres, Policy and Data Visualization Fellow; Alistair Taylor, Director of Strategic Content and Presentations; and Dan O’Brien, Network Science Initiative Research Analyst. 
 
 
·         On Thursday at 3:00 p.m., the Municipal Securities Rulemaking Board (MSRB) hosts a free webinar titled, “Municipal Advisor Representative Qualification Examination.” During this webinar, staff of the MSRB and the U.S. Securities and Exchange Commission will review the standards of professional qualification for municipal advisors and discuss the enrollment process for taking the MSRB’s Municipal Advisor Representative Qualification Examination (Series 50).
·         Friday is the deadline for the public to provide comments to the U.S. Department of Education on the draft 2018-2019 Free Application for Federal Student Aid, which was released on April 11, 2017. The Department is reporting a net burden increase of 5,790,741 hours for 2018-2019.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.