Today’s Daily Update


Takeway

Janet Yellen was confirmed as the Federal Reserve Chairman yesterday and Senate is expected to vote on cloture for unemployment benefits today.

House

Yesterday:

  • The House was not in session.

Today:

  • The House reconvenes today and will establish a quorum in the House of Representatives for the Second Session of the 113th Congress.

 

Senate

Yesterday:

  • The Senate resumed consideration of the motion to proceed to consideration of S. 1845, to provide for the extension of certain unemployment benefits.
    • A unanimous-consent agreement was reached providing for further consideration of the motion to proceed to consideration of the bill at approximately 10 a.m. today and that at 10:30 a.m. the Senate will vote on the motion to invoke cloture on the motion to proceed to consideration of the bill.

 

Nominations:

  • The Senate confirmed Janet L. Yellen, of California, to be Chairman of the Board of Governors of the Federal Reserve System for a term of four years by 56 yeas to 26 nays.
  • Suh Nomination Referral–Agreement: A unanimous-consent agreement was reached providing that the nomination of Rhea Sun Suh, of Colorado, to be Assistant Secretary for Fish and Wildlife, sent to the Senate by the President, be referred jointly to the Committee on Energy and Natural Resources and the Committee on Environment and Public Works.
  • Kumar Nomination Referral–Agreement: A unanimous-consent agreement was reached providing that the nomination of Arun Madhavan Kumar, of California, to be Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service, sent to the Senate by the President, be referred jointly to the Committee on Banking, Housing, and Urban Affairs and the Committee on Commerce, Science, and Transportation.

Today:

  • The Senate will resume consideration of the motion to proceed to S.1845, the Emergency Unemployment Compensation Extension Act, and is expected to vote on the motion at 11am.

 


Hearings Covered by W&J Today

 

American Petroleum Institute
“State of American Energy “
11:30am, Newseum

 

 

Notable Legislation Introduced Yesterday

FINANCIAL SERVICES

S.1895 : A bill to establish a commission to examine the United States monetary policy, evaluate alternative monetary regimes, and recommend a course for monetary policy going forward.
Sponsor: Sen Cornyn, John [TX] (introduced 1/6/2014) Cosponsors (None)
Committees: Senate Banking, Housing, and Urban Affairs
Latest Major Action: 1/6/2014 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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