Week ahead: Apple comes to Washington

ADVERTISEMENT
Cook has said he plans to offer proposals that would encourage American companies to bring their profits back to the United States.

Major tech companies have argued that U.S. tax rates are too high relative to other countries and need to be lowered. Tech trade groups have lobbied Congress for years to change the tax code.

In an interview with The Washington Post, Cook argued the tax rates are too high in the U.S.

“We are not proposing that it be zero. I know many of our peers believe that," Cook said. "But I don’t view that. But I think it has to be reasonable.”

Sen. Carl LevinCarl LevinDemocrats and Republicans share blame in rewriting the role of the Senate For the sake of American taxpayers, companies must pay their fair share What the Iran-Contra investigation can teach us about Russia probe MORE (D-Mich.), the chairman of the subcommittee, and ranking member Sen. John McCainJohn McCainTrump got harsher GOP reception than Bush on budget Armed Services chairman unveils .1B Asia-Pacific security bill Overnight Defense: Trump scolds NATO allies over spending | Flurry of leaks worries allies | Senators rip B Army 'debacle' | Lawmakers demand hearing on Saudi arms deal MORE (R-Ariz.) will hold a press briefing about the hearing on Monday.

The blockbuster hearing will have three witness panels, with the Apple executives testifying on the second one. The session will begin with testimony from two academics, Harvard Law professor Stephen Shay and Villanova Law professor J. Richard Harvey.

Two administration officials will testify on the final panel. They will be Samuel Maruca, director from the large business and international division at the Internal Revenue Service, and Mark Mazur, assistant secretary for tax policy at the Treasury Department.

Elsewhere on the Hill, the Senate Judiciary Committee is expected to continue marking up the Gang of Eight's immigration bill on Monday. The committee is aiming to wrap up its work on the bill by the end of the month.

Sen. Orrin HatchOrrin HatchGOP leaders launch internal review into leak Insurers: GOP should keep pre-existing condition protections DOJ pitches agreements to solve international data warrant woes MORE (R-Utah) deferred offering up a package of tech industry-backed amendments that would modify the section of the immigration bill on visas for highly skilled workers. He is working with Sen. Charles SchumerCharles SchumerHow Trump can score a big league bipartisan win on infrastructure Overnight Finance: Dems introduce minimum wage bill | Sanders clashes with Trump budget chief | Border tax proposal at death's door GOP senators distance themselves from House ObamaCare repeal bill MORE (D-N.Y.) on reaching a compromise on his amendments so they don't upset the compromise struck by the Gang of Eight.

Schumer and Hatch are working to secure an agreement by early in the week.

Hatch says his amendments are aimed at easing new restrictions in the bill that employers would have to follow when hiring foreign workers on H-1Bs. The current provisions in the bill, he argues, would discourage tech companies from hiring foreign workers in the U.S. and force them to send those jobs abroad.

Sen. Dick DurbinDick DurbinUncertainty builds in Washington over White House leaks Top Dem: Kushner reports a 'rumor at this point' Sunday shows: Homeland Security chief hits the circuit after Manchester attack MORE (D-Ill.), a member of the Gang of Eight, has pushed back against the amendments because he contends they will chip away at the protections in the bill for American workers.

Over in the lower chamber, the House Energy and Commerce Committee will host a pair of back-to-back hearings on cybersecurity Tuesday.

In the morning, the full committee will hold a hearing that looks at the steps the federal government and private sector are taking to protect the country's critical infrastructure from cyberattacks. The panel will also ask for feedback on the cybersecurity executive order that President Obama signed earlier this year.

Later in the day, an Energy and Commerce subcommittee will examine how the communications industry ensures the security of its supply chain.

Also on Tuesday, the House Science, Space and Technology's subpanels on research and technology will examine current and future applications of biometric technologies, an issue that has come up during the immigration debate.

Testifying at the hearing will be Charles Romine, director of the information technology laboratory at the National Institute of Standards and Technology; John Mears, a board member at the International Biometrics and Identification Association; and Stephanie Schuckers, director of the Center for Identification and Technology Research.