The House and Senate resolved the differences in their tax bills and filed a Conference Report late Friday. Per our note yesterday, get a summary of the final details and all tax-related documents expected to pass both Chambers early this week. Read our full piece here.
THIS WEEK:
- The House and Senate are in session.
- The House and Senate are expected to vote on the tax Conference Report and send the final package to the president's desk by Wednesday.
- Congress is also expected to vote on another spending extension before funding runs out Friday.
- The net neutrality fight heads to the courts as Senate Democrats threaten to force a vote using the Congressional Review Act (CRA).
MONDAY, DECEMBER 18:
- Trump is expected to make an “America First” policy announcement where he is expected to accuse China of "economic aggression."
- The House Committee on Rules will hold a hearing at 5:00 PM on H.R. 3312 Systemic Risk Designation Improvement Act of 2017 and the Conference Report to accompany H.R. 1 Tax Cuts and Jobs Act.
- House Republicans will meet tonight on tax reform.
- The Senate will vote on the nominations of Owen West, Assistant Secretary of Defense and J. Paul Compton, General Counsel for the Department of Housing and Urban Development at 5:30 PM.
TUESDAY, DECEMBER 19:
- House Republicans will meet Tuesday morning on tax reform.
- The House will vote on the final tax package.
- The House Committee on Rules will hold a hearing on the Senate Amendment to the Department of Homeland Security Blue Campaign Authorization Act of 2017 at 3:00 PM.
- The Senate Banking, Housing, and Urban Affairs Committee will consider the nominations of former Rep. Scott Garrett (R-NJ) to be the president of the EX-IM bank as well as all other EX-IM board members at 10:00 AM.
- The Senate Foreign Relations Committee will consider nominations at 2:00 PM.
- The Senate Rules and Administration Committee will hold a hearing on improving nomination procedures at 2:30 PM.
- HEDGEYE EVENT - Hedgeye’s Macro team is hosting an in-depth call on REPATRIATION and international taxation. Get the event details here.
WEDNESDAY, DECEMBER 20:
- The president is expected to sign the tax package into law.
- The Senate Committee on Environment and Public Works is holding a hearing to examine freight movement at 10:30 AM.
- HEDGEYE EVENT - Hedgeye’s tech team is hosting a call at 12:30 PM on the impact of tax reform to their industry. Stay tuned for event details.
THURSDAY, DECEMBER 21:
- The House and Senate are expected to vote on a government funding deal at the latest. We’ll keep you up-to-speed on their strategy and schedule.
FRIDAY, DECEMBER 22:
- Government funding will expire Friday if not addressed.
- Congress will leave for Christmas break.
CALL INVITE TODAY: OUTSIDE PERSPECTIVE | FUTURE OF HOME HEALTH GROUPINGS MODEL | AMED, LHCG, HLS: Our Senior Health Policy Analyst Emily Evans invites you to join her Monday, December 18 at 10:00 AM ET for a talk with Hedgeye’s health team and home health policy leader, Kate Jones, DNP, RN, CCM, CENP. Get the event details here.
CALL INVITE TOMORROW: THE UPSIDE CASE FOR TXT: Our Senior Defense Policy Analyst LtGen Emo Gardner will join industrial analyst Jay Van Sciver in his long thesis call on TXT Tuesday, December 19 at 12:30 PM ET. Get the event details here.
CALL REPLAY | TAX REFORM AND RETAIL: We joined Hedgeye’s Retail team featuring Jeremy McLean and Daniel Biolsi on tax reform and its impact on the retail ecosystem. Get the replay here.
GOVERNMENT REVIEW OF DISNEY-FOX DEAL (DIS, FOXA, NFLX, AMZN, GOOGL, T, TWX): Our Senior Telecom Analyst Paul Glenchur writes we expect ultimate approval by either the DOJ or FTC despite asset divestiture pressures. Read the full piece here.
ENERGY WINS BIG IN TAX REFORM BUT CHALLENGES REMAIN FOR CLEAN ENERGY: Our Senior Energy Analyst Joe McMonigle writes winners include oil and gas, utilities and MLPs. Potential losers are wind and solar on BEAT provision. Read the full piece 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.
