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September 20, 2010 at 08:00 PM
Following her appointment last week as advisor to the President, Elizabeth Warren hosts a mortgage disclosure forum this week at the Treasury with Tim Geithner. A trio of housing reports spread out over the week will be closely watched by the markets. A two-day Department of Labor confab is expected to shed some light on top-of-mind issues for retirement plan participants and advisors. The Fed Open Market Committee meets on Tuesday, and a passel of hearings in the Senate and House address everything from the Stanford Ponzi scheme to the best way to grow jobs and stimulate the economy.
The week begins on Monday, Sept. 20, with the release by the National Association of Home Builders (NAHB) of its housing market index for September.
On Tuesday, Sept. 21, the Federal Reserve Open Market Committee meets in Washington–the FOMC is scheduled to release its statement at 2:15 PM Eastern time–while the U.N. General Assembly convenes in New York.
The Census Bureau releases August housing starts early on Tuesday. Treasury Secretary Tim Geithner and Elizabeth Warren, named last week as assistant to the President and Special Advisor to the Treasury Secretary on the Consumer Financial Protection Bureau, will host a Mortgage Disclosure Forum at the Treasury in Washington; the hearing is designed to provide guidance to the CFPB on how to simplify disclosure forms under the Dodd-Frank Act. Speaking of which, the SEC has launched a new section on its website designed to track the Commission’s rulemaking on the Dodd-Frank Act.
That same day, Sen. Chris Dodd’s Senate Banking Committee holds a hearing entitled “Investing in Infrastructure: Creating Jobs and Growing the Economy,” focusing on President Barack Obama’s call for creating a National Infrastructure Bank to stimulate the economy.
