There are two key events on Washington's docket today both of which could be market moving: first Yellen continues her testimony on monetary policy in Congress, this time before the House, while President Trump is set to meet Israel's Prime Minister Netanyahu.
Here’s a look at scheduled events of interest today in Washington, courtesy of Bloomberg. All times Eastern:
- President Trump meets with Israeli Prime Minister Benjamin Netanyahu
- Fed Chair Yellen continues testimony on monetary policy
WHITE HOUSE:
- 10:15am: President Trump participates in meeting with retail industry leaders
- Retail CEOs Take Contentious Border-Tax Fight to White House
- Noon: Trump, Israeli Prime Minister Netanyahu hold joint press conference; then hold private meeting at 12:40pm
- 4:15pm: Trump speaks with Argentina President Mauricio Macri by telephone
- 4:30pm: Trump participates in legislative affairs strategy session
- 6:30pm: Trump, first lady Melania Trump host Sen. Marco Rubio and his wife for dinner at White House
CONGRESS:
- House meets at 10am and plans to consider resolutions to overturn Obama administration rules under the Congressional Review Act
- Senate meets at 10am; scheduled to hold cloture vote on Mick Mulvaney to head the Office of Management and Budget
- Senate also has scheduled vote on rescinding a rule that required Social Security Administration to provide information on disability insurance recipients to the FBI’s background check system for prospective gun buyers
- 10am: House Agriculture Cmte holds hearing on “Rural Economic Outlook: setting the State for the Next Farm Bill”; 1300 Longworth
- 2:45pm: Senate Homeland Security and Governmental Affairs Cmte holds hearing on “High Risk: Government Operations Susceptible to Waste, Fraud and Mismanagement”; 342 Dirksen
BUDGET/ECONOMY:
- 10am: Yellen delivers monetary policy report to House Financial Services Cmte; 2128 Rayburn
ENERGY/ENVIRONMENT:
- 10am: Senate Environment and Public Works Cmte holds hearing on “Modernization of the Endangered Species Act”; 406 Dirksen
ELECTIONS/POLITICS
- 9am: Sen. Mike Lee, R-Utah, discusses “Conservatism for the Forgotten Man” at Heritage Foundation; 214 Massachusetts Ave. NE
HEALTH:
- 10am: Robert F. Kennedy Jr. and actor Robert De Niro announce “a unique challenge with substantial cash award to the American people and media” on the mission of World Mercury Project, a nonprofit that “envisions a world where mercury is no longer a threat to the health of our planet and people”; National Press Club, 14th and F Streets NW
- 10:30am: Senate Appropriations Cmte’s Labor-HHS-Education panel holds hearing on mental health care; 138 Dirksen
STATE:
- Sec. of State Rex Tillerson travels to Germany for G-20 foreign ministers’ meetings
Source: Bloomberg