This week, the House is expected to consider five bills, ranging from Ukraine to consumer protection. Congress may also consider legislation related to the debt limit, which was reached on Friday.
Legislation up for consideration this week includes:
The National Integrated Drought Information Systems Reauthorization Act (H.R. 2431): reauthorizes the National Integrated Drought Information System (NIDIS) at $13.5 million each fiscal year from FY 2014 to FY 2018.
H.Res. 447: condemns the recent violence in Ukraine and supports the democratic and European aspirations of the people of Ukraine and their right to choose their own future free of intimidation and fear.
H.R. 3578: permits the Department of Transportation to set requirements for screening or treating pilots for sleep disorders only if the requirements are established through a rule-making process.
H.R. 3448: creates a pilot program within the Securities and Exchange Commission (SEC) under which the securities of emerging growth companies with annual growth revenues of up to $750 million would be allowed to trade in minimum increments of 5 or 10 cents in an effort to encourage more active trading and to promote liquidity.
H.R. 3193: modifies the structure and funding of the Consumer Financial Protection Bureau (CFPB) by re-establishing it as an independent agency outside of the Federal Reserve in which the CFPB director is replaced with a five-member commission – four of which would require Senate confirmation – and the bureau is funded through the annual appropriations process. This would enable opponents of the CFPB to cut the agency’s funding or subject the agency or nominated commissioners to political pressure, thereby endangering the CFPB’s ability to protect consumers.