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Week of August 14, 2017


·       This week, both the U.S. House of Representatives and U.S. Senate are in recess. Lawmakers will return to Washington, DC for legislative business on Tuesday, September 5.


·       President Donald Trump and his family are on summer vacation in Bedminister, NJ; the President returns to Washington, DC next Monday, August 21.

·       On Tuesday at 11:00 a.m., the Federal Reserve Bank of New York will release its Q2 2017 Household Debt and Credit Report, which offers an updated snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, and auto loans.

·       On Tuesday at 11:00 a.m., The Heritage Foundation hosts a panel discussion titled, “Reorganizing the Federal Government: What Needs to Be Done and How to Do It.” Panelists will talk about what types of reforms are necessary for a more efficient, effective and accountable government as well as the pathways to achieving those results. Participants include: Donald Devine, Former Director, Office of Personnel Management, for President Reagan; Robert Shea, Principal, Grant Thornton, and Former Associate Director, Office of Management and Budget; Rachel Greszler, Research Fellow in Economics , Budgets, and Entitlements, The Heritage Foundation; and David Muhlhausen, Research Fellow in Empirical Policy Analysis, The Heritage Foundation. The event will be livestreamed on Heritage’s website.

·       On Tuesday at 2:00 p.m., NCHER holds its Monthly Membership Call, which will provide a summary of the July 25, 2017 call of the Board of Directors; a summary and updates on major items being worked on by our committees, caucuses, and working groups; and a Washington Update, including a rundown of the meetings held with House and Senate Education Committee staff during the recent NCHER Legislative Fly-In (including the latest outlook for budget reconciliation and reauthorization of the Higher Education Act) and recent legislative and regulatory actions by Congress, the White House, the Department of Education, the Department of Treasury, the Consumer Financial Protection Bureau, and the Federal Communications Commission. Note: The call-in number has been circulated to each organization’s primary point of contact.

·       On Wednesday 2:00 p.m., the Federal Reserve’s Federal Open Markets Committee (FOMC) releases the minutes of its two-day meeting held July 25-26, 2017.


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