WASHINGTON WEEK AHEAD - dc policy weekahead

CHECK IN:

  • 4  days - until NFIP and CR to fund the government expire
  • 8  days - until the Alabama Senate election
  • 11 days - until Christmas Congressional recess
  • 11 days - until the end of year expirations (tax extenders, Medicare extenders, FISA)
  • 11 days - until Republican leadership’s self-imposed tax timeline
  • Looming: DACA, debt ceiling (December 8 expiration, extended to March with extraordinary measures), and Iran deal legislation deadline


THIS WEEK:

  • The House and Senate are in session.
  • Congress will work to pass the defense appropriations bills and raise budget caps.
  • President Trump’s National Security Strategy is expected to be rolled out soon.
  • The House and Senate need to address expirations of the NFIP and the CR to fund the government before December 8th - not to mention looming expirations of DACA, FISA, the fight over CSR payments, the two-year deal to increase spending beyond the Budget Control Act caps and disaster relief funding after a record-setting hurricane season.
  • The House and Senate will move to Conference Committee on tax reform.

CHECK OUT OUR LATEST UPDATE WITH DAVID HOPPE ON TAX REFORM AND GOVERNMENT SPENDING HERE.

MONDAY, DECEMBER 4:

  • HEDGEYE EVENT - INSIDE THE SUPREME COURT: Our Senior Telecom Analyst Paul Glenchur will be inside the Supreme Court today as they hear arguments in the case about State’s rights to regulate sports betting. Stay tuned for more information on a call with our gaming and lodging team.
  • Trump will visit Utah, meet with Mormon leaders and is expected to shrink two controversial monuments.
  • The Senate will convene at 3:00 PM and proceed to executive session to resume consideration of Kirstjen Nielsen to be Secretary of Homeland Security.
  • The House is expected to vote this afternoon to go to Conference Committee with the Senate on tax reform as well as select their conferees.

TUESDAY, DECEMBER 5:

  • Trump is expected to have lunch with Republican Senators.
  • The House is expected to vote on the Taylor Force Act which restricts U.S. funding to the Palestinian Authority.
  • The House Committee on Rules is holding a hearing on the Continuing Appropriations Act at 2:00 PM.
  • The Senate Appropriations Committee is holding a hearing to examine addressing the opioid crisis in America, focusing on prevention, treatment, and recovery at 10:00 AM.
  • The Senate Banking, Housing, and Urban Affairs Committee is holding a business meeting on S.2155 and the nomination of Jerome H. Powell to be Chairman of the Board of Governors of the Federal Reserve System at 10:00 AM.
  • The Senate Energy and Natural Resources Committee and the Health, Education, Labor, and Pensions Committee will consider nominations at 10:00 AM.
  • The Senate Energy and Natural Resource Committee is holding a hearing to examine several bills that update energy policy for 2018 at 2:30 PM.
  • The Senate Foreign Relations Committee will hold a hearing on North Korea at 2:30 PM.
  • The Senate Intelligence Committee will have a closed briefing at 3:00 PM.

WEDNESDAY, DECEMBER 6:

  • Trump will hold a Cabinet meeting.
  • Trump is expected to recognize Jerusalem as Israel's capital in a speech on Wednesday.
  • The House Financial Services Committee is holding a hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform, Part IV” at 10:00 AM.
  • The House Foreign Affairs Committee will give an update on Brexit negotiations at 2:00 PM.
  • The House Committee on Rules will examine the Small Business Mergers Acquisitions Sales and Brokerage Simplification Act of 2017 and the Community Institution Mortgage Relief Act of 2017 at 3:00 PM.
  • The Senate Environment and Public Works Committee will consider the nomination for Assistant Secretary of the Army at the Department of Defense at 10:00 AM.
  • The Senate Judiciary Committee is holding a hearing to examine firearm accessory regulation and enforcing Federal and state reporting to the National Instant Criminal Background Check System (NICS) at 10:00 AM.
  • The Senate Environment and Public Works Committee is examining challenges facing Superfund and waste cleanup efforts following natural disasters at 2:30 PM.

THURSDAY, DECEMBER 7:

  • The White House will host its Hanukkah party.
  • The House Natural Resources Committee will examine "Transforming the Department of the Interior for the 21st Century" at 10:00 AM.
  • The House Committee on Homeland Security will examine “The Department of Homeland Security's Efforts to Counter Weapons of Mass Destruction" at 10:00 AM.
  • The House Financial Services Committee will examine the Office of Financial Research at 10:00 AM.
  • The House Energy and Commerce Committee will examine the Mission of the U.S. Environmental Protection Agency at 10:00 AM.
  • The House Financial Services Committee is holding a hearing on “Legislative Proposals for a More Efficient Federal Financial Regulatory Regime: Part II” at 2:00 PM.
  • The House Committee on Natural Resources will examine four bills at 2:00 PM.
  • The Senate Health, Education, Labor, and Pensions Committee will consider nominations followed by a hearing to examine the implementation of the 21st Century Cures Act at 10:00 AM.
  • The Senate Judiciary Committee will consider nominations at 10:00 AM.
  • The Senate Intelligence Committee will have a closed briefing at 2:00 PM.

FRIDAY, DECEMBER 8:

  • Trump will meet with Defense Secretary Jim Mattis and then head to Florida for a rally.
  • The House Energy and Commerce Committee will examine the role of the Department of Energy in Energy Sector Cybersecurity at 9:00 AM.

CALL REPLAY: OPEC – THE DAY AFTER AND WHAT'S NEXT: Our Senior Energy Analyst Joe McMonigle hosted a flash call from Vienna to go over OPEC’s decision and other outcomes from the week. Listen to the replay here.

AT&T/TIME WARNER HEAD TO COURT NEXT WEEK (T, TWX): Our Senior Telecom Analyst Paul Glenchur writes that Judge Richard Leon is a conservative who could display skepticism toward DOJ's case to block the T/TWX deal. Read the full piece here.

10 THINGS HEARD AT REAGAN NATIONAL DEFENSE FORUM: Our Senior Defense Analyst Emo Gardner writes that the invitation-only National Security forum at Reagan Library is premier event for government (present/ past), industry and analysts. Read what he heard at the event here.

Our Catalyst Calendar contains major policy dates and deadlines in Washington in addition to Hedgeye’s policy events. We will be updating the calendar as information changes and new dates are put on the books. YOU CAN FIND IT HERE and on our website.