Tuesday, July 18, 2023, at 10:00 AM ET, the
Homeland Security Subcommittee on Transportation and Maritime Security,
led by Chairman Carlos Gimenez (R-FL), will hold a
hearing
to examine the existing and future security threats in the Arctic Region
and opportunities for the United States Coast Guard (USCG) and the
Department of Homeland Security (DHS) to effectively respond and address
these threats.
Witnesses:
Ronald O’Rourke, Specialist in Naval Affairs, Congressional Research
Service
Luke Coffey, Senior Fellow, Hudson Institute
Esther
Brimmer,
James H. Binger Senior Fellow in Global Governance, Council on Foreign
Relations
On Tuesday, July 18, 2023, at 10:00 a.m. in Room 2220 of the Rayburn
House Office Building, the Financial Services Subcommittee on Financial
Institutions and Monetary Policy will hold a
hearing
titled “Climate-Risk: Are Financial Regulators Politically Independent?”
Michael S. Gibson, Director, Division of Supervision and Regulation,
Board of Governors of the Federal Reserve System
Greg Coleman, Senior Deputy Comptroller for Large Bank Supervision,
Office of the Comptroller of the Currency
Doreen Eberley, Director, Division of Risk Management and Supervision,
Federal Deposit Insurance Corporation
Rendell L. Jones, Deputy Executive Director, National Credit Union
Administration
Sarah Benatar, Treasurer, Coconino County, Arizona
The hearing will examine recent actions by federal banking regulators to
incorporate climate-related financial risks into financial institutions’
risk management frameworks and to monitor and guide those frameworks.
The hearing will also examine recent actions by federal banking
regulators to incorporate recommendations related to climate-related
financial risks of Executive Orders, the Financial Stability Oversight
Council, Executive-Branch-led working groups, and international
non-governmental organizations. Many recent climate-related financial
risk actions by regulators closely align with President Biden’s May 20,
2021, Executive Order on ClimateRelated Financial Risk (EO 14030) and,
relatedly, the Financial Stability Oversight Council’s determination of
climate change as “an emerging and increasing threat to financial
stability” on October 21, 2021.
House Financial Services Committee
Financial Institutions and Monetary Policy Subcommittee
Subcommittee
hearing
on the Special Presidential Envoy for Climate.
Subcommittee chair: Brian Mast (R-Fla.)
Ranking member: Jason Crow (D-Colo.)
Witness:
John Kerry, Special Presidential Envoy for Climate, U.S. Department of
State
Under questioning from Rep. Mast, Kerry
said that “under no circumstances” would the United States support a
loss and damage fund at COP 28.
MAST: Are you planning to commit America to
‘climate reparations’, that is to say we have to pay some other
country because they had a flood, or they had a hurricane, or a
typhoon, or a wildfire?
KERRY: No. Under no circumstances.
MAST: Very good. I’m glad to hear you say
that. I do have a “no”, I’ll put it up there.
KERRY: Why don’t you create an exclamation
point beside it?
MAST: I will write in an exclamation point
for you. And I’m glad that we have agreement on that.
[The exchange begins at 56:05 in the above recording.]
The purpose of this
hearing
is to receive testimony on pending public lands, forests, and mining
legislation.
Opening Remarks:
Sen. Catherine Cortez Masto, Subcommittee Chair, Subcommitte on Public
Lands, Forests, and Mining
Sen. Mike Lee, Subcommittee Ranking Member, Subcommittee on Public
Lands, Forests, and Mining
Witnesses:
Thomas Heinlein, Assistant Director, National Conservation Lands and
Community Partnerships, Bureau of Land Management, U.S. Department of
the Interior
Christopher French, Deputy Chief, National Forest System, Forest
Service, U.S. Department of Agriculture
John J. Entsminger, General Manager, Southern Nevada Water Authority
Michelle McConkie, Director, Utah School and Institutional Trust Lands
Administration
Joseph A. Heringer, Commissioner of University and School Trust Lands,
North Dakota Department of Trust Lands
Legislation:
S.
636, to
establish the Dolores River National Conservation Area and the Dolores
River Special Management Area in the State of Colorado, to protect
private water rights in the State, and for other purposes;
S.
912, to
require the Secretary of Energy to provide technology grants to
strengthen domestic mining education, and for other purposes;
S.
1015,
to require the Secretary of Agriculture to convey the Pleasant Valley
Ranger District Administrative Site to Gila County, Arizona;
S.
1088,
to authorize the relinquishment and in lieu selection of land and
minerals in the State of North Dakota, to restore land and minerals to
Indian Tribes within the State of North Dakota, and for other
purposes;
S.
1254,
to designate and expand wilderness areas in Olympic National Forest in
the State of Washington, and to designate certain rivers in Olympic
National Forest and Olympic National Park as wild and scenic rivers,
and for other purposes;
S.
1405,
to provide for the exchange of certain Federal land and State land in
the State of Utah;
S.
1622,
to discourage speculative oil and gas leasing and to promote enhanced
multiple use management of public land and National Forest System
land, and for other purposes;
S.
1634,
to provide for the designation of certain wilderness areas, recreation
management areas, and conservation areas in the State of Colorado, and
for other purposes;
S.
1657,
to authorize the Secretary of the Interior to convey certain land to
La Paz County, Arizona, and for other purposes;
S.
1760,
to amend the Apex Project, Nevada Land Transfer and Authorization Act
of 1989 to include the city of North Las Vegas, Nevada, and the Apex
Industrial Park Owners Association, and for other purposes;
S.
1776,
to provide for the protection of and investment in certain Federal
land in the State of California, and for other purposes;
S.
1890,
to provide for the establishment of a grazing management program on
Federal land in Malheur County, Oregon, and for other purposes;
S.
2020,
to amend the Oregon Resource Conservation Act of 1996 to reauthorize
the Deschutes River Conservancy Working Group, for other purposes;
S.
2042,
to amend the Sloan Canyon National Conservation Area Act to adjust the
boundary of the Sloan Canyon National Conservation Area, and for other
purposes;
S.
2136,
to require the Secretary of the Interior and the Secretary of
Agriculture to convey certain Federal land to the State of Utah for
inclusion in certain State parks, and for other purposes;
S.
2149,
to sustain economic development and recreational use of National
Forest System land in the State of Montana, to add certain land to the
National Wilderness Preservation System, to designate new areas for
recreation, and for other purposes.
S. ___, to release from wilderness study area designation certain
land in the State of Montana, to improve the management of that land,
and for other purposes.
The Committee on Banking, Housing, and Urban Affairs will meet in
executive
session
to vote on the following nominations:
Philip Nathan Jefferson, of North Carolina, to be Vice Chairman of the
Board of Governors of the Federal Reserve System;
Lisa DeNell Cook, of Michigan, to be a Member of the Board of
Governors of the Federal Reserve System; and
Adriana Debora Kugler, of Maryland, to be a Member of the Board of
Governors of the Federal Reserve System
In a recent meeting to hear testimony from the slate of candidates, the
panel’s ranking member, Sen. Tim Scott (R-S.C.),
accused
Lisa Cook and Adriana Kugler of seeking to “use their positions … to
influence and immerse their philosophies into the mainstream of American
life.”
Scott said they were, among other things, looking to impose a “climate
agenda” and “ESG” — shorthand for the practice of making investment
decisions according to environmental, social and governmental principles
— which he said are “issues that distract from the actual job of the
Fed.”
Cook was first
nominated
in January 2022 and confirmed in May 2022.
Kugler, the World Bank Group Executive Director for the United States,
was nominated in May 2023.
Senate Banking, Housing, and Urban Affairs Committee
During the press conference, members of the Congressional Sustainable
Investment Caucus and House Financial Services Committee will underscore
the importance of preserving the free-market principles of consumer
choice and investor freedom.
Speakers:
Ranking Member Maxine Waters (D-CA)
Rep. Sean Casten (D-IL)
Rep. Juan Vargas (D-CA)
Rep. Seth Magaziner (D-RI)
Rep. Brad Sherman (D-CA)
Minnesota Attorney General Keith Ellison
Brandon Rees, Deputy Director of the Office of Investment for the
AFL-CIO
Where: House Triangle
The event will also be livestreamed on Rep. Vargas’
Twitter and Rep. Casten’s Facebook
page.
The Subcommittee on Energy and Mineral Resources will hold an oversight
hearing
titled “Examining the Biden Administration’s Record on Federal Coal
Leasing” on Wednesday, July 12, 2023, at 10:15 a.m.
EDT in room 1324 Longworth House Office
Building.