A recap of this past week’s top government and public policy developments that were meaningful to Wall Street. Week ending May 11th, 2011
The House approved the "FY 2013 Appropriations for the Departments of Commerce and Justice, Science, and Related Agencies" (H.R. 5326), the "Sequester Replacement Act of 2012" (H.R. 5652), the "Export-Import Bank Reauthorization Act" (H.R. 2072), and the "United States-Israel Enhances Security Cooperation Act of 2012" (H.R. 4133). The Senate began consideration of the "Stop Student Loan Interest Rate Hike Act" (S. 2343) and the "Export-Import Bank Reauthorization Act" (H.R. 2072). This week, the House will consider the "National Defense Authorization Act for Fiscal Year 2013" (H.R. 4310) and the Senate will continue consideration of the "Export-Import Bank Reauthorization Act" (H.R. 2072). House Passes Reconciliation Legislation House Republicans are advancing legislation that would undo the sequestration provisions in the “Budget Control Act of 2011” (P.L. 112-25). While the House passed one of the bills on May 9 and will likely consider the other in the ...
