This Week in Entrepreneurship Policy: State of the Economy

Federal Reserve Chair Janet Yellen makes a couple of appearances at committee hearings on Capitol Hill this week to provide her semi-annual report on monetary policy and the state of the economy. Recently, Yellen confirmed that the Fed will gradually raise rates but a rate hike is not anticipated for July. She appears before the Senate Committee on Banking, Housing and Urban Affairs on Tuesday and the House Committee for Financial Services on Wednesday.

Meanwhile, the House Committee on Small Business (Subcommittee on Economic Growth, Tax and Capital Access) will meet to examine the IRS’ attitude toward small business, how small businesses are treated during the audit process, and whether the IRS is pursuing an agenda to maintain effective communication and relationships with small business taxpayers.

Other topics covered during this week include: ag tech, veteran-owned business, retirement security, labor regulations, commercial space transportation and more. 

HOUSE 

Audits and Attitudes: Is the IRS Helping or Hurting Small Businesses?
House Committee on Small Business
Subcommittee on Economic Growth, Tax and Capital Access
2360 Rayburn HOB
Wednesday, June 22
10:30 am 

Monetary Policy and the State of the Economy
House Committee on Financial Services
2128 Rayburn HOB
Wednesday, June 22
10:00 am 

Making Budget Enforcement More Effective
House Committee on the Budget
210 Cannon HOB
Wednesday, June 22
10:00 am

FAA Oversight of Commercial Space Transportation
House Committee on Transportation and Infrastructure
Subcommittee on Aviation
2167 Rayburn HOB
Wednesday, June 22
10:00 am 

Damaging Repercussions: DOL’s Overtime Rule, Small Employers, and their Employees
House Committee on Small Business
2360 Rayburn HOB
Thursday, June 23
10:00 am

Big Data and Agriculture: Innovation in the Air
House Committee on Agriculture
Subcommittee on General Farm Commodities and Risk Management
1300 Longworth HOB
Thursday, June 23
10:00 am 

SENATE

The Semiannual Monetary Policy Report to the Congress
Senate Committee on Banking, Housing and Urban Affairs
Tuesday, June 21
216 Hart Senate Office Building
10:00 am 

Small Business Retirement Pooling: Examining Open Multiple Employer Plans
Senate Committee on Health, Education, Labor and Pensions
Subcommittee on Primary Health and Retirement Security
216 Hart Senate Office Building
Tuesday, June 21
2:30 pm 

The CREATES Act: Ending Regulatory Abuse, Protecting Consumers, and Ensuring Drug Price Competition
Senate Committee on the Judiciary
Subcommittee on Antitrust, Competition Policy and Consumer Rights
226 Dirksen Senate Office Building
Tuesday, June 21
2:00 pm 

Renewing Communities and Providing Opportunities Through Innovative Solutions to Poverty
Senate Committee on Homeland Security and Government Affairs
342 Dirksen Senate Office Building
Wednesday, June 22
10:00 am 

Beyond the Bench: Ramifications of the Supreme Court Kingdomware Decision
Senate Committee on Small Business and Entrepreneurship
428A Russell Senate Office Building
Thursday, June 23
10:00 am 

Customer Service and Billing Practices in the Cable and Satellite Television Industry
Senate Committee on Homeland Security and Government Affairs
342 Dirksen Senate Office Building
Thursday, June 23
10:00 am

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