The Small Business Administration has issued a direct final rule that will allow governors to petition the SBA’s Administrator to designate HUBZone status to certain rural areas.

Tomorrow, the House Committee on Financial Services will hold a hearing titled “An Examination of Regulators’ Efforts to Preserve and Promote Minority Depository Institutions” and the House Committee on Education and labor will hold a hearing titled, “Examining the Policies and Priorities of the Labor Department’s Apprenticeship Program” in which John Pallasch, Assistant Secretary of Labor for Employment and Training, will testify.

Also happening tomorrow, the House Judiciary Committee will hold a vote on legislation to federally legalize marijuana. The Marijuana Opportunity Reinvestment and Expungement (MORE) Act would also expunge convictions and set aside money to help communities impacted by the war on drugs.

Floor Proceedings

House: In Session
Senate: In Session

Committee Proceedings

House Committee on Small Business

  • On November 22nd, The Subcommittee on Innovation and Workforce Development will hold a hearingtitled, “Innovations in the School to Small Business Pipeline.”

House Committee on Financial Services

  • Today, the Subcommittee on Consumer Protection and Financial Institutions will hold a hearing titled, “An Examination of Regulators’ Efforts to Preserve and Promote Minority Depository Institutions”
  • tomorrow, the Taskforce on Financial Technology will hold a hearing titled, “Banking on Your Data: the Role of Big Data in Financial Services”

House Ways and Means Committee

  • On November 20th, the Subcommittee on Trade will hold a hearing titled, “U.S.-Japan Trade Agreements”

Senate Committee on Banking, Housing, and Urban Affairs

  • On November 20th, the Committee will hold a Nomination Hearing

Bills of Interest

  • Senator Robert Menendez (D-NJ) introduced S.2883 a bill to apply the provisions relating to consumer liability for unauthorized transfers to small business concerns, and for other purposes
  • Senator Ron Wyden (D-OR) introduced S.2884 a bill to apply the Fair Debt Collection Practices Act to small business debt to the same extent as such Act applies to consumers, and for other purposes
  • Representative Jim Hagedorn (R-MN-1) introduced H.R.5146 a bill to amend the Small Business Act to require contracting officers to take a small business concern’s past performance as part of a joint venture into account when evaluating the small business concern, and for other purposes

At the Agencies

Department of Labor

  • The Department has released news release titled, “U.S. Department of Labor Enters Partnership to Promote Safety During Construction Project at Rush University Medical Center in Chicago”

Department of the Treasury

  • The Department released a news release titled, “Treasury International Capital Data for September”

Small Business Administration

  • The Administration released a news release titled, “SBA Issues Direct Final Rule that Will Allow Governors to Seek HUBZone Designation for Certain Rural Areas”

Office of the US Trade Representative

  • There is no relevant news today

Department of Commerce

  • There is no relevant news today