Today’s Daily Update

TAKEAWAY: The House is not in session. The Senate will convene to consider the nominations of Philip Nathan Jefferson, to be Vice Chairman of the Board of Governors of the Federal Reserve System, Lisa DeNell Cook and Adriana Debora Kugler to be Members of the Board of Governors of the Federal Reserve System, Gwynne A. Wilcox to be a Member of the National Labor Relations Board, and Anna M. Gomez, to be a Member of the Federal Communications Commission.  

The HOUSE

Yesterday

The House was not in session

Today

The House is not in session.

The SENATE

Yesterday

  1. Motion to invoke cloture on Executive Calendar #256 Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the Board of Governors of the Federal Reserve System for a term of four years; invoked: 83-10.

Legislative Business
Adopted S.Res.327, National Airborne Day

Today

The Senate stands adjourned until 10:00am on Wednesday, September 6, 2023.

Following Leader remarks, the Senate will proceed to Executive session to resume consideration of Executive Calendar #256 Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the Board of Governors of the Federal Reserve System for a term of four years, post-cloture.

At approximately 11:30am, the Senate will vote on confirmation of the Jefferson nomination. Following disposition of the nomination, the Senate will vote on the motion to invoke cloture on Executive Calendar #260 Gwynne A. Wilcox, of New York, to be a Member of the National Labor Relations Board for the term of five years expiring August 27, 2028.

Following the cloture vote, the Senate will recess until 2:15pm to allow for the weekly caucus meetings.

If cloture is invoked, at approximately 2:15pm, the Senate will vote on confirmation of the Wilcox nomination. Following disposition of the nomination, the Senate will vote on the motion to invoke cloture on Executive Calendar #255 Lisa DeNell Cook, of Michigan, to be a Member of the Board of Governors of the Federal Reserve System for a term of fourteen years from February 1, 2024.

If cloture is invoked, at approximately 5:15pm, the Senate will vote on confirmation of the Cook nomination. Following disposition of the nomination, the Senate will vote on the motion to invoke cloture on Executive Calendar #257 Adriana Debora Kugler, of Maryland, to be a Member of the Board of Governors of the Federal Reserve System for the unexpired term of fourteen years from February 1, 2012

Cloture has been filed on the following nominations:

  1. Executive Calendar #260 Gwynne A. Wilcox, of New York, to be a Member of the National Labor Relations Board for the term of five years expiring August 27, 2028
  2. Executive Calendar #255 Lisa DeNell Cook, of Michigan, to be a Member of the Board of Governors of the Federal Reserve System for a term of fourteen years from February 1, 2024
  3. Executive Calendar #257 Adriana Debora Kugler, of Maryland, to be a Member of the Board of Governors of the Federal Reserve System for the unexpired term of fourteen years from February 1, 2012
  4. Executive Calendar #253 Anna M. Gomez, of Virginia, to be a Member of the Federal Communications Commission for a term of five years from July 1, 2021

Wednesday, September 6th at approx. 11:30am – 2 roll call votes expected:

  1. Confirmation of Executive Calendar #256 Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the Board of Governors of the Federal Reserve System for a term of four years
  2. Motion to invoke cloture on Executive Calendar #260 Gwynne A. Wilcox, of New York, to be a Member of the National Labor Relations Board for the term of five years expiring August 27, 2028

Wednesday, September 6th at approx. 2:15pm – 2 roll call votes expected:

  1. Confirmation of Executive Calendar #260 Gwynne A. Wilcox, of New York, to be a Member of the National Labor Relations Board for the term of five years expiring August 27, 2028
  2. Motion to invoke cloture on Executive Calendar #255 Lisa DeNell Cook, of Michigan, to be a Member of the Board of Governors of the Federal Reserve System for a term of fourteen years from February 1, 2024

Wednesday, September 6th at approx. 5:15pm – 2 roll call votes expected:

  1. Confirmation of Executive Calendar #255 Lisa DeNell Cook, of Michigan, to be a Member of the Board of Governors of the Federal Reserve System for a term of fourteen years from February 1, 2024
  2. Motion to invoke cloture on Executive Calendar #257 Adriana Debora Kugler, of Maryland, to be a Member of the Board of Governors of the Federal Reserve System for the unexpired term of fourteen years from February 1, 2012

HEARINGS COVERED

SEC Open Meeting

LEGISLATION INTRODUCED

Financial Services

S.2720 — 118th Congress (2023-2024)
A bill to amend the Small Business Act regarding Federal contract requirements.
Sponsor: Ernst, Joni [Sen.-R-IA] (Introduced 09/05/2023) Cosponsors: (0)
Committees: Senate – Small Business and Entrepreneurship
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Small Business and Entrepreneurship.

S.2721 — 118th Congress (2023-2024)
A bill to appropriate amounts to carry out the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and for other purposes.
Sponsor: Scott, Rick [Sen.-R-FL] (Introduced 09/05/2023) Cosponsors: (1)
Committees: Senate – Finance
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Finance.

H.R.5343 — 118th Congress (2023-2024)
To appropriate amounts to carry out the Robert T. Stafford Disaster Relief and Emergency Assistance Act, and for other purposes.
Sponsor: Cammack, Kat [Rep.-R-FL-3] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Transportation and Infrastructure; Ways and Means; Armed Services; Budget; Agriculture
Latest Action: House – 09/05/2023 Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, Armed Services, the Budget, and Agriculture, for a period to be subsequently determined by the Speaker

S.2723 — 118th Congress (2023-2024)
A bill to amend the Internal Revenue Code of 1986 to modify certain rules applicable to qualified small issue manufacturing bonds, to expand certain exceptions to the private activity bond rules for first-time farmers, and for other purposes.
Sponsor: Brown, Sherrod [Sen.-D-OH] (Introduced 09/05/2023) Cosponsors: (1)
Committees: Senate – Finance
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Finance.

Health Care

S.2718 — 118th Congress (2023-2024)
A bill to amend title 38, United States Code, to improve matters relating to medical examinations for veterans disability compensation, and for other purposes.
Sponsor: Tester, Jon [Sen.-D-MT] (Introduced 09/05/2023) Cosponsors: (1)
Committees: Senate – Veterans’ Affairs
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Veterans’ Affairs.

Sanctions and Trade

S.2725 — 118th Congress (2023-2024)
A bill to authorize the establishment of the US-ASEAN Center to support United States economic and cultural engagement with Southeast Asia.
Sponsor: Van Hollen, Chris [Sen.-D-MD] (Introduced 09/05/2023) Cosponsors: (1)
Committees: Senate – Foreign Relations
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Foreign Relations.

S.2726 — 118th Congress (2023-2024)
A bill to prohibit the use of funds for universities that provide support to the People’s Liberation Army, and for other purposes.
Sponsor: Lankford, James [Sen.-R-OK] (Introduced 09/05/2023) Cosponsors: (0)
Committees: Senate – Foreign Relations
Latest Action: Senate – 09/05/2023 Read twice and referred to the Committee on Foreign Relations.

Tax

H.R.5337 — 118th Congress (2023-2024)
Retirement Proxy Protection Act
Sponsor: Houchin, Erin [Rep.-R-IN-9] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Education and the Workforce
Latest Action: House – 09/05/2023 Referred to the House Committee on Education and the Workforce.

H.R.5338 — 118th Congress (2023-2024)
No Discrimination in My Benefits Act
Sponsor: Good, Bob [Rep.-R-VA-5] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Education and the Workforce
Latest Action: House – 09/05/2023 Referred to the House Committee on Education and the Workforce.

H.R.5339 — 118th Congress (2023-2024)
RETIRE Act
Sponsor: Allen, Rick W. [Rep.-R-GA-12] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Education and the Workforce
Latest Action: House – 09/05/2023 Referred to the House Committee on Education and the Workforce.

H.R.5340 — 118th Congress (2023-2024)
Providing Complete Information to Retirement Investors Act
Sponsor: Banks, Jim [Rep.-R-IN-3] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Education and the Workforce
Latest Action: House – 09/05/2023 Referred to the House Committee on Education and the Workforce.

H.R.5341 — 118th Congress (2023-2024)
To exclude from gross income certain assistance provided to farmers, and for other purposes.
Sponsor: Adams, Alma S. [Rep.-D-NC-12] (Introduced 09/05/2023) Cosponsors: (10)
Committees: House – Ways and Means
Latest Action: House – 09/05/2023 Referred to the House Committee on Ways and Means.

H.R.5342 — 118th Congress (2023-2024)
To amend title II of the Social Security Act to replace the windfall elimination provision with a formula equalizing benefits for certain individuals with noncovered employment, and for other purposes.
Sponsor: Arrington, Jodey C. [Rep.-R-TX-19] (Introduced 09/05/2023) Cosponsors: (18)
Committees: House – Ways and Means
Latest Action: House – 09/05/2023 Referred to the House Committee on Ways and Means.

H.R.5348 — 118th Congress (2023-2024)
To amend title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act of 1967, the Fair Labor Standards Act of 1938, the Americans with Disabilities Act of 1990, the Rehabilitation Act of 1973, and the Genetic Information Nondiscrimination Act of 2008 to require that individuals who perform work for employers as independent contractors be treated as employees.
Sponsor: Norton, Eleanor Holmes [Del.-D-DC-At Large] (Introduced 09/05/2023) Cosponsors: (0)
Committees: House – Education and the Workforce
Latest Action: House – 09/05/2023 Referred to the House Committee on Education and the Workforce.