By Benjamin Goad - 04/07/14 06:00 AM EDT
House Republicans will look to continue their assault on Obama administration regulatory policies this week, with a slate of hearings to obtain testimony from financial regulators and examine legislation to curb agency rulemaking.
President Obama, meanwhile, is set to announce new executive actions designed to close the wage gap.
Here’s a look at some of the week’s regulatory storylines:
On Monday, the House Energy and Commerce Committee’s health subpanel will hold a hearing entitled, “Improving Predictability and Transparency in DEA and FDA Regulation.”
Witnesses include Janet Woodcock, director of the Food and Drug Administration’s Center for Drug Evaluation and Research and Joseph T. Rannazzisi, deputy assistant administrator for the Drug Enforcement Administration’s Office of Diversion Control.
The panel is currently considering a trio of house bills targeting regulatory activity at the two agencies.
On Tuesday, the House Financial Services Committee Chairman Jeb Hensarling (R-Texas) will convene a hearing he’s dubbed, “Who’s in Your Wallet: Examining How Washington Red Tape Impairs Economic Freedom.”
Hensarling will lead House Republicans in grilling officials from several financial regulatory agencies, including: Consumer Financial Protection Bureau general counsel Meredith Fuchs, Federal Deposit Insurance Corporation acting general counsel Richard J. Osterman, Federal Reserve Board general counsel Scott G. Alvarez, National Credit Union Administration general counsel Michael McKenna and Amy Friend, senior deputy comptroller and chief counsel, for the Office of the Comptroller of the Currency.
Also Tuesday, President Obama will hold an event at the White House to announce new actions he will take to promote economic equality. Obama will sign an executive order barring federal contractors from retaliating against workers who choose to discuss their compensation, and direct the Labor Department to prepare regulations requiring contractors to submit data, broken down by sex and race, about the wages they pay.
On Wednedsday, the Senate Appropriations Subcomittee on the Interior, Environment and Related Agencies, will assess the Environmental Protection Agencies fiscal 2015 budget request. Republicans on the panel will likely take aim at the agency's plans to enact major regulations in support of the president's climate initiative.
Before the House adjourns later in the week for its spring break, Rep. Mike Pompeo (R-Kan.) is expected to drop a highly anticipated bill requiring the FDA to impose a voluntary labeling system for foods with genetically modified foods.
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